10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001558370-23-008149 |
| Period End Date | 20230331 |
| Filing Date | 20230504 |
| Fiscal Year | 2023 |
| Fiscal Period | Q1 |
| XBRL Instance | adc-20230331x10q_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
74 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Land |
Land
|
$2.01B | USD | Point-in-time |
| Land |
Land
|
$1.94B | USD | Point-in-time |
| Buildings |
InvestmentBuildingAndBuildingImprovements
|
$4.28B | USD | Point-in-time |
| Buildings |
InvestmentBuildingAndBuildingImprovements
|
$4.05B | USD | Point-in-time |
| Less accumulated depreciation |
RealEstateInvestmentPropertyAccumulatedDepreciation
|
$321.14M | USD | Point-in-time |
| Less accumulated depreciation |
RealEstateInvestmentPropertyAccumulatedDepreciation
|
$347.78M | USD | Point-in-time |
| Finite-lived intangible assets, accumulated amortization (in dollars) |
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
$263.01M | USD | Point-in-time |
| Real estate investments excluding property under development |
RealEstateInvestmentPropertyExcludingPropertyUnderDevelopmentNetOfAccumulatedDepreciation
|
$5.94B | USD | Point-in-time |
| Real estate investments excluding property under development |
RealEstateInvestmentPropertyExcludingPropertyUnderDevelopmentNetOfAccumulatedDepreciation
|
$5.68B | USD | Point-in-time |
| Finite-lived intangible assets, accumulated amortization (in dollars) |
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
$286.75M | USD | Point-in-time |
| Property under development |
DevelopmentInProcess
|
$65.93M | USD | Point-in-time |
| Below market lease, accumulated amortization (in dollars) |
BelowMarketLeaseAccumulatedAmortization
|
$37.49M | USD | Point-in-time |
| Below market lease, accumulated amortization (in dollars) |
BelowMarketLeaseAccumulatedAmortization
|
$35.99M | USD | Point-in-time |
| Property under development |
DevelopmentInProcess
|
$73.12M | USD | Point-in-time |
| Preferred stock, par value (in dollars per share) |
PreferredStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Net Real Estate Investments |
RealEstateInvestmentPropertyNet
|
$6.01B | USD | Point-in-time |
| Net Real Estate Investments |
RealEstateInvestmentPropertyNet
|
$5.74B | USD | Point-in-time |
| Preferred stock, par value (in dollars per share) |
PreferredStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Preferred stock, shares authorized |
PreferredStockSharesAuthorized
|
4.00M | shares | Point-in-time |
| Preferred stock, shares authorized |
PreferredStockSharesAuthorized
|
4.00M | shares | Point-in-time |
| Cash and Cash Equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$11.81M | USD | Point-in-time |
| Cash and Cash Equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$27.76M | USD | Point-in-time |
| Cash Held in Escrows |
EscrowDeposit
|
$1.13M | USD | Point-in-time |
| Cash Held in Escrows |
EscrowDeposit
|
$1.15M | USD | Point-in-time |
| Accounts Receivable - Tenants, net |
AccountsReceivableNet
|
$71.09M | USD | Point-in-time |
| Accounts Receivable - Tenants, net |
AccountsReceivableNet
|
$65.84M | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Lease Intangibles, net of accumulated amortization of $286,748 and $263,011 at March 31, 2023 and December 31, 2022, respectively |
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
|
$803.65M | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Lease Intangibles, net of accumulated amortization of $286,748 and $263,011 at March 31, 2023 and December 31, 2022, respectively |
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
|
$799.45M | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
180.00M | shares | Point-in-time |
| Other Assets, net |
OtherAssets
|
$86.63M | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
180.00M | shares | Point-in-time |
| Other Assets, net |
OtherAssets
|
$77.92M | USD | Point-in-time |
| Total Assets |
Assets
|
$6.99B | USD | Point-in-time |
| Total Assets |
Assets
|
$6.71B | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
90.17M | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
93.20M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
90.17M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
93.20M | shares | Point-in-time |
| Mortgage Notes Payable, net |
SecuredDebt
|
$47.97M | USD | Point-in-time |
| Mortgage Notes Payable, net |
SecuredDebt
|
$47.84M | USD | Point-in-time |
| Senior Unsecured Notes, net |
SeniorNotes
|
$1.79B | USD | Point-in-time |
| Senior Unsecured Notes, net |
SeniorNotes
|
$1.79B | USD | Point-in-time |
| Unsecured Revolving Credit Facility |
LineOfCredit
|
$196.00M | USD | Point-in-time |
| Unsecured Revolving Credit Facility |
LineOfCredit
|
$100.00M | USD | Point-in-time |
| Dividends and Distributions Payable |
DividendsPayableCurrentAndNoncurrent
|
$22.34M | USD | Point-in-time |
| Dividends and Distributions Payable |
DividendsPayableCurrentAndNoncurrent
|
$23.07M | USD | Point-in-time |
| Accounts Payable, Accrued Expenses, and Other Liabilities |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$92.73M | USD | Point-in-time |
| Accounts Payable, Accrued Expenses, and Other Liabilities |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$83.72M | USD | Point-in-time |
| Lease Intangibles, net of accumulated amortization of $37,494 and $35,992 at March 31, 2023 and December 31, 2022, respectively |
BelowMarketLeaseNet
|
$36.71M | USD | Point-in-time |
| Lease Intangibles, net of accumulated amortization of $37,494 and $35,992 at March 31, 2023 and December 31, 2022, respectively |
BelowMarketLeaseNet
|
$36.33M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$2.08B | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$2.19B | USD | Point-in-time |
| Preferred stock, $.0001 par value per share, 4,000,000 shares authorized, 7,000 shares Series A outstanding, at stated liquidation value of $25,000 per share, at March 31, 2023 and December 31, 2022 |
PreferredStockValue
|
$175.00M | USD | Point-in-time |
| Preferred stock, $.0001 par value per share, 4,000,000 shares authorized, 7,000 shares Series A outstanding, at stated liquidation value of $25,000 per share, at March 31, 2023 and December 31, 2022 |
PreferredStockValue
|
$175.00M | USD | Point-in-time |
| Common stock, $.0001 par value, 180,000,000 shares authorized, 93,198,079 and 90,173,424 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively |
CommonStockValue
|
$9.00K | USD | Point-in-time |
| Common stock, $.0001 par value, 180,000,000 shares authorized, 93,198,079 and 90,173,424 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively |
CommonStockValue
|
$9.00K | USD | Point-in-time |
| Additional paid-in-capital |
AdditionalPaidInCapital
|
$4.85B | USD | Point-in-time |
| Additional paid-in-capital |
AdditionalPaidInCapital
|
$4.66B | USD | Point-in-time |
| Dividends in excess of net income |
AccumulatedDistributionsInExcessOfNetIncome
|
$254.32M | USD | Point-in-time |
| Dividends in excess of net income |
AccumulatedDistributionsInExcessOfNetIncome
|
$228.13M | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$22.92M | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$23.55M | USD | Point-in-time |
| Total Equity - Agree Realty Corporation |
StockholdersEquity
|
$4.80B | USD | Point-in-time |
| Total Equity - Agree Realty Corporation |
StockholdersEquity
|
$4.63B | USD | Point-in-time |
| Non-controlling interest |
MinorityInterest
|
$1.39M | USD | Point-in-time |
| Non-controlling interest |
MinorityInterest
|
$1.30M | USD | Point-in-time |
| Total Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$4.80B | USD | Point-in-time |
| Total Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.42B | USD | Point-in-time |
| Total Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.68B | USD | Point-in-time |
| Total Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$4.63B | USD | Point-in-time |
| Total Liabilities and Equity |
LiabilitiesAndStockholdersEquity
|
$6.99B | USD | Point-in-time |
| Total Liabilities and Equity |
LiabilitiesAndStockholdersEquity
|
$6.71B | USD | Point-in-time |
Income Statement
62 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Rental income |
RevenueFromContractWithCustomerIncludingAssessedTax
|
$126.61M | USD | 1 Quarter |
| Rental income |
RevenueFromContractWithCustomerIncludingAssessedTax
|
$98.31M | USD | 1 Quarter |
| Other |
RevenueNotFromContractWithCustomerOther
|
$9.00K | USD | 1 Quarter |
| Other |
RevenueNotFromContractWithCustomerOther
|
$30.00K | USD | 1 Quarter |
| Total Revenues |
Revenues
|
$126.62M | USD | 1 Quarter |
| Total Revenues |
Revenues
|
$98.34M | USD | 1 Quarter |
| Real estate taxes |
RealEstateTaxExpense
|
$7.61M | USD | 1 Quarter |
| Real estate taxes |
RealEstateTaxExpense
|
$9.43M | USD | 1 Quarter |
| Property operating expenses |
OperatingLeaseInitialDirectCostExpenseOverTerm
|
$4.48M | USD | 1 Quarter |
| Property operating expenses |
OperatingLeaseInitialDirectCostExpenseOverTerm
|
$6.78M | USD | 1 Quarter |
| Land lease expense |
OperatingLeaseExpense
|
$430.00K | USD | 1 Quarter |
| Land lease expense |
OperatingLeaseExpense
|
$402.00K | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$7.62M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$8.82M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$28.56M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$40.65M | USD | 1 Quarter |
| Provision for impairment |
ImpairmentOfLongLivedAssetsHeldForUse
|
$1.01M | USD | 1 Quarter |
| Provision for impairment |
ImpairmentOfLongLivedAssetsHeldForUse
|
- | USD | 1 Quarter |
| Total Operating Expenses |
CostsAndExpenses
|
$66.11M | USD | 1 Quarter |
| Total Operating Expenses |
CostsAndExpenses
|
$49.69M | USD | 1 Quarter |
| Gain (loss) on sale of assets, net |
GainsLossesOnSalesOfAssets
|
- | USD | 1 Quarter |
| Gain (loss) on sale of assets, net |
GainsLossesOnSalesOfAssets
|
$2.31M | USD | 1 Quarter |
| Gain (loss) on involuntary conversion, net |
GainLossOnInvoluntaryConversionOfAssets
|
$-25.00K | USD | 1 Quarter |
| Gain (loss) on involuntary conversion, net |
GainLossOnInvoluntaryConversionOfAssets
|
- | USD | 1 Quarter |
| Income from Operations |
OperatingIncomeLoss
|
$50.94M | USD | 1 Quarter |
| Income from Operations |
OperatingIncomeLoss
|
$60.51M | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$18.00M | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$13.93M | USD | 1 Quarter |
| Income tax (expense) benefit |
IncomeTaxExpenseBenefit
|
$783.00K | USD | 1 Quarter |
| Income tax (expense) benefit |
IncomeTaxExpenseBenefit
|
$719.00K | USD | 1 Quarter |
| Other (expense) income |
OtherNonoperatingIncomeExpense
|
- | USD | 1 Quarter |
| Other (expense) income |
OtherNonoperatingIncomeExpense
|
$48.00K | USD | 1 Quarter |
| Net Income |
ProfitLoss
|
$36.29M | USD | 1 Quarter |
| Net Income |
ProfitLoss
|
$41.77M | USD | 1 Quarter |
| Less net income attributable to non-controlling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$160.00K | USD | 1 Quarter |
| Less net income attributable to non-controlling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$176.00K | USD | 1 Quarter |
| Net income attributable to Agree Realty Corporation |
NetIncomeLoss
|
$41.61M | USD | 1 Quarter |
| Net income attributable to Agree Realty Corporation |
NetIncomeLoss
|
$36.11M | USD | 1 Quarter |
| Less Series A preferred stock dividends |
PreferredStockDividendsIncomeStatementImpact
|
$1.86M | USD | 1 Quarter |
| Less Series A preferred stock dividends |
PreferredStockDividendsIncomeStatementImpact
|
$1.86M | USD | 1 Quarter |
| Net Income Attributable to Common Stockholders |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$34.25M | USD | 1 Quarter |
| Net Income Attributable to Common Stockholders |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$39.76M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.44 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.48 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.48 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.44 | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$36.29M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$41.77M | USD | 1 Quarter |
| Amortization of interest rate swaps |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossFromSettlement
|
$-629.00K | USD | 1 Quarter |
| Amortization of interest rate swaps |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossFromSettlement
|
$82.00K | USD | 1 Quarter |
| Change in fair value and settlement of interest rate swaps |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
$20.58M | USD | 1 Quarter |
| Change in fair value and settlement of interest rate swaps |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
- | USD | 1 Quarter |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$56.95M | USD | 1 Quarter |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$41.15M | USD | 1 Quarter |
| Less comprehensive income (loss) attributable to non-controlling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$158.00K | USD | 1 Quarter |
| Less comprehensive income (loss) attributable to non-controlling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$276.00K | USD | 1 Quarter |
| Comprehensive Income (Loss) Attributable to Agree Realty Corporation |
ComprehensiveIncomeNetOfTax
|
$56.68M | USD | 1 Quarter |
| Comprehensive Income (Loss) Attributable to Agree Realty Corporation |
ComprehensiveIncomeNetOfTax
|
$40.99M | USD | 1 Quarter |
| Weighted Average Number of Common Shares Outstanding - Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
71.23M | shares | 1 Quarter |
| Weighted Average Number of Common Shares Outstanding - Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
90.03M | shares | 1 Quarter |
| Weighted Average Number of Common Shares Outstanding - Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
71.34M | shares | 1 Quarter |
| Weighted Average Number of Common Shares Outstanding - Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
90.55M | shares | 1 Quarter |
Cash Flow Statement
74 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Real estate inventory, capitalized interest costs |
RealEstateInventoryCapitalizedInterestCosts
|
$539.00K | USD | Point-in-time |
| Real estate inventory, capitalized interest costs |
RealEstateInventoryCapitalizedInterestCosts
|
$112.00K | USD | Point-in-time |
| Net income |
ProfitLoss
|
$36.29M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$41.77M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$28.56M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$40.65M | USD | 1 Quarter |
| Amortization from above (below) market lease intangibles, net |
AmortizationOfAboveAndBelowMarketLeases
|
$8.18M | USD | 1 Quarter |
| Amortization from above (below) market lease intangibles, net |
AmortizationOfAboveAndBelowMarketLeases
|
$8.61M | USD | 1 Quarter |
| Amortization from financing costs, credit facility costs and debt discount |
AmortizationOfFinancingCostsAndDiscounts
|
$1.06M | USD | 1 Quarter |
| Amortization from financing costs, credit facility costs and debt discount |
AmortizationOfFinancingCostsAndDiscounts
|
$1.11M | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$1.83M | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$1.64M | USD | 1 Quarter |
| Straight-line accrued rent |
StraightLineRent
|
$3.13M | USD | 1 Quarter |
| Straight-line accrued rent |
StraightLineRent
|
$3.04M | USD | 1 Quarter |
| Provision for impairment |
ImpairmentOfLongLivedAssetsHeldForUse
|
$1.01M | USD | 1 Quarter |
| Provision for impairment |
ImpairmentOfLongLivedAssetsHeldForUse
|
- | USD | 1 Quarter |
| (Gain) loss on sale of assets |
GainLossOnDispositionOfAssets1
|
- | USD | 1 Quarter |
| (Gain) loss on sale of assets |
GainLossOnDispositionOfAssets1
|
$2.31M | USD | 1 Quarter |
| (Increase) decrease in accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$2.85M | USD | 1 Quarter |
| (Increase) decrease in accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$2.21M | USD | 1 Quarter |
| (Increase) decrease in other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$4.71M | USD | 1 Quarter |
| (Increase) decrease in other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$10.02M | USD | 1 Quarter |
| Increase (decrease) in accounts payable, accrued expenses, and other liabilities |
IncreaseDecreaseInAccountsPayable
|
$15.47M | USD | 1 Quarter |
| Increase (decrease) in accounts payable, accrued expenses, and other liabilities |
IncreaseDecreaseInAccountsPayable
|
$-2.27M | USD | 1 Quarter |
| Net Cash Provided by Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$94.17M | USD | 1 Quarter |
| Net Cash Provided by Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$61.47M | USD | 1 Quarter |
| Acquisition of real estate investments and other assets |
PaymentsToAcquireRealEstate
|
$303.38M | USD | 1 Quarter |
| Acquisition of real estate investments and other assets |
PaymentsToAcquireRealEstate
|
$413.10M | USD | 1 Quarter |
| Development of real estate investments and other assets, net of reimbursements (including capitalized interest of $539 in 2023 and $112 in 2022) |
PaymentsToDevelopRealEstateAssets
|
$27.69M | USD | 1 Quarter |
| Development of real estate investments and other assets, net of reimbursements (including capitalized interest of $539 in 2023 and $112 in 2022) |
PaymentsToDevelopRealEstateAssets
|
$33.29M | USD | 1 Quarter |
| Payment of leasing costs |
PaymentsForLeasingCosts
|
$45.00K | USD | 1 Quarter |
| Payment of leasing costs |
PaymentsForLeasingCosts
|
$38.00K | USD | 1 Quarter |
| Net proceeds from sale of assets |
ProceedsFromSaleOfProductiveAssets
|
- | USD | 1 Quarter |
| Net proceeds from sale of assets |
ProceedsFromSaleOfProductiveAssets
|
$7.64M | USD | 1 Quarter |
| Net Cash Used in Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
$-331.11M | USD | 1 Quarter |
| Net Cash Used in Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
$-438.79M | USD | 1 Quarter |
| Proceeds from common stock offerings, net |
ProceedsFromIssuanceOfCommonStock
|
$195.13M | USD | 1 Quarter |
| Proceeds from common stock offerings, net |
ProceedsFromIssuanceOfCommonStock
|
$250.68M | USD | 1 Quarter |
| Repurchase of common shares |
PaymentsForRepurchaseOfCommonStock
|
$2.61M | USD | 1 Quarter |
| Repurchase of common shares |
PaymentsForRepurchaseOfCommonStock
|
$1.75M | USD | 1 Quarter |
| Unsecured revolving credit facility borrowings |
ProceedsFromLinesOfCredit
|
$385.00M | USD | 1 Quarter |
| Unsecured revolving credit facility borrowings |
ProceedsFromLinesOfCredit
|
$330.00M | USD | 1 Quarter |
| Unsecured revolving credit facility repayments |
RepaymentsOfLinesOfCredit
|
$289.00M | USD | 1 Quarter |
| Unsecured revolving credit facility repayments |
RepaymentsOfLinesOfCredit
|
$170.00M | USD | 1 Quarter |
| Payments of mortgage notes payable |
RepaymentsOfSecuredDebt
|
$221.00K | USD | 1 Quarter |
| Payments of mortgage notes payable |
RepaymentsOfSecuredDebt
|
$209.00K | USD | 1 Quarter |
| Payment of Series A preferred dividends |
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
$1.86M | USD | 1 Quarter |
| Payment of Series A preferred dividends |
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
$1.86M | USD | 1 Quarter |
| Payment of common stock dividends |
PaymentsOfDividendsCommonStock
|
$48.77M | USD | 1 Quarter |
| Payment of common stock dividends |
PaymentsOfDividendsCommonStock
|
$65.20M | USD | 1 Quarter |
| Distributions to non-controlling interest |
PaymentsToMinorityShareholders
|
$237.00K | USD | 1 Quarter |
| Distributions to non-controlling interest |
PaymentsToMinorityShareholders
|
$266.00K | USD | 1 Quarter |
| Payments for financing costs |
PaymentsOfFinancingCosts
|
$23.00K | USD | 1 Quarter |
| Payments for financing costs |
PaymentsOfFinancingCosts
|
$15.00K | USD | 1 Quarter |
| Net Cash Provided by Financing Activities |
NetCashProvidedByUsedInFinancingActivities
|
$357.84M | USD | 1 Quarter |
| Net Cash Provided by Financing Activities |
NetCashProvidedByUsedInFinancingActivities
|
$220.97M | USD | 1 Quarter |
| Net Increase (Decrease) in Cash and Cash Equivalents and Cash Held in Escrow |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$-19.48M | USD | 1 Quarter |
| Net Increase (Decrease) in Cash and Cash Equivalents and Cash Held in Escrow |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$-15.97M | USD | 1 Quarter |
| Cash and cash equivalents and cash held in escrow, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$28.91M | USD | Point-in-time |
| Cash and cash equivalents and cash held in escrow, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$45.25M | USD | Point-in-time |
| Cash and cash equivalents and cash held in escrow, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$12.94M | USD | Point-in-time |
| Cash and cash equivalents and cash held in escrow, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$25.77M | USD | Point-in-time |
| Cash and cash equivalents and cash held in escrow, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$28.91M | USD | Point-in-time |
| Cash and cash equivalents and cash held in escrow, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$45.25M | USD | Point-in-time |
| Cash and cash equivalents and cash held in escrow, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$12.94M | USD | Point-in-time |
| Cash and cash equivalents and cash held in escrow, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$25.77M | USD | Point-in-time |
| Cash paid for interest (net of amounts capitalized) |
InterestPaidNet
|
$7.04M | USD | 1 Quarter |
| Cash paid for interest (net of amounts capitalized) |
InterestPaidNet
|
$13.37M | USD | 1 Quarter |
| Cash paid for income tax |
IncomeTaxesPaidNet
|
$279.00K | USD | 1 Quarter |
| Cash paid for income tax |
IncomeTaxesPaidNet
|
$1.34M | USD | 1 Quarter |
| Dividends declared and unpaid |
DividendsPayableCurrentAndNoncurrent
|
$22.34M | USD | Point-in-time |
| Dividends declared and unpaid |
DividendsPayableCurrentAndNoncurrent
|
$23.07M | USD | Point-in-time |
| Change in accrual of development, construction and other real estate investment costs |
AccrualOfDevelopmentConstructionAndOtherRealEstateInvestmentCosts
|
$411.00K | USD | 1 Quarter |
| Change in accrual of development, construction and other real estate investment costs |
AccrualOfDevelopmentConstructionAndOtherRealEstateInvestmentCosts
|
$-6.46M | USD | 1 Quarter |
Stockholders Equity
23 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$4.80B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.42B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.68B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$4.63B | USD | Point-in-time |
| Issuance of common stock, net of issuance costs |
StockIssuedDuringPeriodValueNewIssues
|
$250.68M | USD | 1 Quarter |
| Issuance of common stock, net of issuance costs |
StockIssuedDuringPeriodValueNewIssues
|
$195.13M | USD | 1 Quarter |
| Repurchase of common shares |
StockRepurchasedDuringPeriodValue
|
$2.61M | USD | 1 Quarter |
| Repurchase of common shares |
StockRepurchasedDuringPeriodValue
|
$1.75M | USD | 1 Quarter |
| Issuance of restricted stock under the Omnibus Incentive Plan |
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
$648.00K | USD | 1 Quarter |
| Stock-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$1.64M | USD | 1 Quarter |
| Stock-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$1.83M | USD | 1 Quarter |
| Series A preferred dividends declared for the period |
DividendsPreferredStock
|
$1.86M | USD | 1 Quarter |
| Series A preferred dividends declared for the period |
DividendsPreferredStock
|
$1.86M | USD | 1 Quarter |
| Dividends and distributions declared for the period |
DividendsCommonStock
|
$66.19M | USD | 1 Quarter |
| Dividends and distributions declared for the period |
DividendsCommonStock
|
$49.89M | USD | 1 Quarter |
| Amortization, changes in fair value and settlement of interest rate swaps |
OtherComprehensiveIncomeLossNetOfTax
|
$-629.00K | USD | 1 Quarter |
| Amortization, changes in fair value and settlement of interest rate swaps |
OtherComprehensiveIncomeLossNetOfTax
|
$20.66M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$36.29M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$41.77M | USD | 1 Quarter |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$4.80B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.42B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$3.68B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$4.63B | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.