10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001558370-23-008304 |
| Period End Date | 20230331 |
| Filing Date | 20230505 |
| Fiscal Year | 2023 |
| Fiscal Period | Q1 |
| XBRL Instance | gmre-20230331x10q_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
94 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Land |
Land
|
$168.31M | USD | Point-in-time |
| Land |
Land
|
$167.28M | USD | Point-in-time |
| Building |
InvestmentBuildingAndBuildingImprovements
|
$1.08B | USD | Point-in-time |
| Building |
InvestmentBuildingAndBuildingImprovements
|
$1.08B | USD | Point-in-time |
| Site improvements |
BuildingsAndImprovementsGross
|
$22.02M | USD | Point-in-time |
| Site improvements |
BuildingsAndImprovementsGross
|
$22.02M | USD | Point-in-time |
| Tenant improvements |
TenantImprovements
|
$66.38M | USD | Point-in-time |
| Tenant improvements |
TenantImprovements
|
$65.99M | USD | Point-in-time |
| Unamortized debt issuance costs |
UnamortizedDebtIssuanceExpense
|
$413.00K | USD | Point-in-time |
| Acquired lease intangible assets |
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
|
$148.25M | USD | Point-in-time |
| Unamortized debt issuance costs |
UnamortizedDebtIssuanceExpense
|
$452.00K | USD | Point-in-time |
| Acquired lease intangible assets |
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
|
$148.08M | USD | Point-in-time |
| Investment in real estate, Total |
RealEstateInvestmentPropertyAtCost
|
$1.48B | USD | Point-in-time |
| Investment in real estate, Total |
RealEstateInvestmentPropertyAtCost
|
$1.48B | 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 |
| Less: accumulated depreciation and amortization |
RealEstateInvestmentPropertyAccumulatedDepreciation
|
$198.22M | USD | Point-in-time |
| Preferred stock, shares authorized |
PreferredStockSharesAuthorized
|
10.00M | shares | Point-in-time |
| Less: accumulated depreciation and amortization |
RealEstateInvestmentPropertyAccumulatedDepreciation
|
$213.69M | USD | Point-in-time |
| Preferred stock, shares authorized |
PreferredStockSharesAuthorized
|
10.00M | shares | Point-in-time |
| Investment in real estate, net |
RealEstateInvestmentPropertyNet
|
$1.29B | USD | Point-in-time |
| Investment in real estate, net |
RealEstateInvestmentPropertyNet
|
$1.27B | USD | Point-in-time |
| Preferred stock, shares issued |
PreferredStockSharesIssued
|
3.10M | shares | Point-in-time |
| Preferred stock, shares issued |
PreferredStockSharesIssued
|
3.10M | shares | Point-in-time |
| Preferred stock, shares outstanding |
PreferredStockSharesOutstanding
|
3.10M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.85M | USD | Point-in-time |
| Preferred stock, shares outstanding |
PreferredStockSharesOutstanding
|
3.10M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$4.02M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$4.60M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$9.38M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$10.44M | USD | Point-in-time |
| Preferred stock, liquidation preference |
PreferredStockLiquidationPreferenceValue
|
$77.62M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$6.34M | USD | Point-in-time |
| Preferred stock, liquidation preference |
PreferredStockLiquidationPreferenceValue
|
$77.62M | USD | Point-in-time |
| Tenant receivables, net |
AccountsReceivableNet
|
$7.40M | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Tenant receivables, net |
AccountsReceivableNet
|
$8.04M | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Due from related parties |
DueFromRelatedParties
|
$321.00K | USD | Point-in-time |
| Due from related parties |
DueFromRelatedParties
|
$200.00K | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
500.00M | shares | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
500.00M | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
65.52M | shares | Point-in-time |
| Escrow deposits |
DepositsAssets
|
$8.62M | USD | Point-in-time |
| Escrow deposits |
DepositsAssets
|
$7.83M | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
65.53M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
65.53M | shares | Point-in-time |
| Deferred assets |
DeferredCostsAndOtherAssets
|
$29.62M | USD | Point-in-time |
| Deferred assets |
DeferredCostsAndOtherAssets
|
$30.32M | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
65.52M | shares | Point-in-time |
| Derivative asset |
DerivativeAssets
|
$27.43M | USD | Point-in-time |
| Derivative asset |
DerivativeAssets
|
$34.70M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$5.90M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$5.90M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$6.55M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$7.47M | USD | Point-in-time |
| Total assets |
Assets
|
$1.37B | USD | Point-in-time |
| Total assets |
Assets
|
$1.39B | USD | Point-in-time |
| Credit Facility, net of unamortized debt issuance costs of $8,704 and $9,253 at March 31, 2023 and December 31, 2022, respectively |
LineOfCredit
|
$634.80M | USD | Point-in-time |
| Credit Facility, net of unamortized debt issuance costs of $8,704 and $9,253 at March 31, 2023 and December 31, 2022, respectively |
LineOfCredit
|
$636.45M | USD | Point-in-time |
| Notes payable, net of unamortized debt issuance costs of $413 and $452 at March 31, 2023 and December 31, 2022, respectively |
NotesPayable
|
$57.37M | USD | Point-in-time |
| Notes payable, net of unamortized debt issuance costs of $413 and $452 at March 31, 2023 and December 31, 2022, respectively |
NotesPayable
|
$57.67M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccruedLiabilitiesCurrentAndNoncurrent
|
$13.82M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccruedLiabilitiesCurrentAndNoncurrent
|
$12.60M | USD | Point-in-time |
| Dividends payable |
DividendsPayableCurrentAndNoncurrent
|
$15.85M | USD | Point-in-time |
| Dividends payable |
DividendsPayableCurrentAndNoncurrent
|
$15.82M | USD | Point-in-time |
| Security deposits |
SecurityDepositLiability
|
$5.46M | USD | Point-in-time |
| Security deposits |
SecurityDepositLiability
|
$4.69M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$7.36M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$8.23M | USD | Point-in-time |
| Acquired lease intangible liability, net |
BelowMarketLeaseNet
|
$7.61M | USD | Point-in-time |
| Acquired lease intangible liability, net |
BelowMarketLeaseNet
|
$7.03M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$740.56M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$744.20M | USD | Point-in-time |
| Preferred stock, $0.001 par value, 10,000 shares authorized; 3,105 issued and outstanding at March 31, 2023 and December 31, 2022, respectively (liquidation preference of $77,625 at March 31, 2023 and December 31, 2022, respectively) |
PreferredStockValue
|
$74.96M | USD | Point-in-time |
| Preferred stock, $0.001 par value, 10,000 shares authorized; 3,105 issued and outstanding at March 31, 2023 and December 31, 2022, respectively (liquidation preference of $77,625 at March 31, 2023 and December 31, 2022, respectively) |
PreferredStockValue
|
$74.96M | USD | Point-in-time |
| Common stock, $0.001 par value, 500,000 shares authorized; 65,530 shares and 65,518 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively |
CommonStockValue
|
$66.00K | USD | Point-in-time |
| Common stock, $0.001 par value, 500,000 shares authorized; 65,530 shares and 65,518 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively |
CommonStockValue
|
$66.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$721.99M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$722.11M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-211.79M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-198.71M | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$34.67M | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$27.41M | USD | Point-in-time |
| Total Global Medical REIT Inc. stockholders' equity |
StockholdersEquity
|
$632.98M | USD | Point-in-time |
| Total Global Medical REIT Inc. stockholders' equity |
StockholdersEquity
|
$612.75M | USD | Point-in-time |
| Noncontrolling interest |
MinorityInterest
|
$16.08M | USD | Point-in-time |
| Noncontrolling interest |
MinorityInterest
|
$15.72M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$649.07M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$637.58M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$652.62M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$628.48M | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$1.37B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$1.39B | USD | Point-in-time |
Income Statement
39 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Rental revenue |
OperatingLeaseLeaseIncome
|
$36.20M | USD | 1 Quarter |
| Rental revenue |
OperatingLeaseLeaseIncome
|
$31.85M | USD | 1 Quarter |
| Other income |
RevenueFromContractWithCustomerIncludingAssessedTax
|
$23.00K | USD | 1 Quarter |
| Other income |
RevenueFromContractWithCustomerIncludingAssessedTax
|
$31.00K | USD | 1 Quarter |
| Total revenue |
Revenues
|
$31.88M | USD | 1 Quarter |
| Total revenue |
Revenues
|
$36.23M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$3.80M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$4.20M | USD | 1 Quarter |
| Operating expenses |
OtherGeneralExpense
|
$5.37M | USD | 1 Quarter |
| Operating expenses |
OtherGeneralExpense
|
$7.54M | USD | 1 Quarter |
| Depreciation expense |
Depreciation
|
$9.40M | USD | 1 Quarter |
| Depreciation expense |
Depreciation
|
$10.49M | USD | 1 Quarter |
| Amortization expense |
AdjustmentForAmortization
|
$4.39M | USD | 1 Quarter |
| Amortization expense |
AdjustmentForAmortization
|
$3.78M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$8.27M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$4.80M | USD | 1 Quarter |
| Preacquisition expense |
BusinessCombinationAcquisitionRelatedCosts
|
$42.00K | USD | 1 Quarter |
| Preacquisition expense |
BusinessCombinationAcquisitionRelatedCosts
|
$40.00K | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$27.59M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$34.54M | USD | 1 Quarter |
| Income before gain on sale of investment property |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$1.69M | USD | 1 Quarter |
| Income before gain on sale of investment property |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$4.29M | USD | 1 Quarter |
| Gain on sale of investment property |
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
|
$485.00K | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$4.29M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$2.17M | USD | 1 Quarter |
| Less: Preferred stock dividends |
PreferredStockDividendsIncomeStatementImpact
|
$1.46M | USD | 1 Quarter |
| Less: Preferred stock dividends |
PreferredStockDividendsIncomeStatementImpact
|
$1.46M | USD | 1 Quarter |
| Less: Net income attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$45.00K | USD | 1 Quarter |
| Less: Net income attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$170.00K | USD | 1 Quarter |
| Net income (loss) attributable to common stockholders |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$673.00K | USD | 1 Quarter |
| Net income (loss) attributable to common stockholders |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$2.66M | USD | 1 Quarter |
| Net income (loss) attributable to common stockholders per share - basic |
EarningsPerShareBasic
|
$0.01 | USD | 1 Quarter |
| Net income (loss) attributable to common stockholders per share - basic |
EarningsPerShareBasic
|
$0.04 | USD | 1 Quarter |
| Net income (loss) attributable to common stockholders per share - diluted |
EarningsPerShareDiluted
|
$0.04 | USD | 1 Quarter |
| Net income (loss) attributable to common stockholders per share - diluted |
EarningsPerShareDiluted
|
$0.01 | USD | 1 Quarter |
| Weighted average shares outstanding - basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
65.30M | shares | 1 Quarter |
| Weighted average shares outstanding - basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
65.53M | shares | 1 Quarter |
| Weighted average shares outstanding - diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
65.53M | shares | 1 Quarter |
| Weighted average shares outstanding - diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
65.30M | shares | 1 Quarter |
Cash Flow Statement
72 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$4.29M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$2.17M | USD | 1 Quarter |
| Depreciation expense |
Depreciation
|
$9.40M | USD | 1 Quarter |
| Depreciation expense |
Depreciation
|
$10.49M | USD | 1 Quarter |
| Amortization of acquired lease intangible assets |
FinanceLeaseRightOfUseAssetAmortization
|
$3.75M | USD | 1 Quarter |
| Amortization of acquired lease intangible assets |
FinanceLeaseRightOfUseAssetAmortization
|
$4.37M | USD | 1 Quarter |
| Amortization of above market leases, net |
AmortizationOfAboveAndBelowMarketLeases
|
$291.00K | USD | 1 Quarter |
| Amortization of above market leases, net |
AmortizationOfAboveAndBelowMarketLeases
|
$199.00K | USD | 1 Quarter |
| Amortization of debt issuance costs and other |
OtherAmortizationOfDeferredCharges
|
$601.00K | USD | 1 Quarter |
| Amortization of debt issuance costs and other |
OtherAmortizationOfDeferredCharges
|
$515.00K | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$1.29M | USD | 1 Quarter |
| Stock-based compensation expense |
ShareBasedCompensation
|
$688.00K | USD | 1 Quarter |
| Capitalized preacquisition and other costs charged to expense |
NoncashMergerRelatedCosts
|
$15.00K | USD | 1 Quarter |
| Capitalized preacquisition and other costs charged to expense |
NoncashMergerRelatedCosts
|
$153.00K | USD | 1 Quarter |
| Gain on sale of investment property |
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
|
$485.00K | USD | 1 Quarter |
| Other |
OtherNoncashIncomeExpense
|
$-29.00K | USD | 1 Quarter |
| Tenant receivables |
IncreaseDecreaseInOtherReceivables
|
$-638.00K | USD | 1 Quarter |
| Tenant receivables |
IncreaseDecreaseInOtherReceivables
|
$407.00K | USD | 1 Quarter |
| Deferred assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$1.30M | USD | 1 Quarter |
| Deferred assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$811.00K | USD | 1 Quarter |
| Other assets and liabilities |
IncreaseDecreaseInOtherCurrentAssets
|
$210.00K | USD | 1 Quarter |
| Other assets and liabilities |
IncreaseDecreaseInOtherCurrentAssets
|
$532.00K | USD | 1 Quarter |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-1.03M | USD | 1 Quarter |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-1.22M | USD | 1 Quarter |
| Security deposits |
IncreaseDecreaseInSecurityDeposits
|
$-773.00K | USD | 1 Quarter |
| Security deposits |
IncreaseDecreaseInSecurityDeposits
|
$76.00K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$15.77M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$16.44M | USD | 1 Quarter |
| Purchase of land, buildings, and other tangible and intangible assets and liabilities |
PaymentsForProceedsFromProductiveAssets
|
$24.47M | USD | 1 Quarter |
| Net proceeds from sale of investment property |
ProceedsFromSaleOfInvestmentProperty
|
$4.17M | USD | 1 Quarter |
| Escrow deposits for purchase of properties |
PaymentsForProceedsFromOtherDeposits
|
$153.00K | USD | 1 Quarter |
| Escrow deposits for purchase of properties |
PaymentsForProceedsFromOtherDeposits
|
$1.28M | USD | 1 Quarter |
| Advances made to related parties |
ProceedsFromPaymentsForLongTermLoansForRelatedParties
|
$-288.00K | USD | 1 Quarter |
| Advances made to related parties |
ProceedsFromPaymentsForLongTermLoansForRelatedParties
|
$-121.00K | USD | 1 Quarter |
| Capital expenditures on existing real estate investments |
PaymentsForProceedsFromInvestments
|
$809.00K | USD | 1 Quarter |
| Capital expenditures on existing real estate investments |
PaymentsForProceedsFromInvestments
|
$556.00K | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$3.09M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-26.60M | USD | 1 Quarter |
| Net proceeds received from common equity offerings |
ProceedsFromIssuanceOfCommonStock
|
$8.21M | USD | 1 Quarter |
| Escrow deposits required by third party lenders |
PaymentsForDepositsAppliedToDebtRetirements
|
$456.00K | USD | 1 Quarter |
| Escrow deposits required by third party lenders |
PaymentsForDepositsAppliedToDebtRetirements
|
$639.00K | USD | 1 Quarter |
| Repayment of notes payable |
RepaymentsOfNotesPayable
|
$282.00K | USD | 1 Quarter |
| Repayment of notes payable |
RepaymentsOfNotesPayable
|
$344.00K | USD | 1 Quarter |
| Proceeds from Credit Facility |
ProceedsFromLongTermLinesOfCredit
|
$14.10M | USD | 1 Quarter |
| Proceeds from Credit Facility |
ProceedsFromLongTermLinesOfCredit
|
$12.60M | USD | 1 Quarter |
| Repayment of Credit Facility |
RepaymentsOfLongTermLinesOfCredit
|
$14.80M | USD | 1 Quarter |
| Dividends paid to common stockholders, and OP Unit and LTIP Unit holders |
PaymentOfDividendsCommonStockOpAndLtipUnits
|
$14.70M | USD | 1 Quarter |
| Dividends paid to common stockholders, and OP Unit and LTIP Unit holders |
PaymentOfDividendsCommonStockOpAndLtipUnits
|
$14.53M | USD | 1 Quarter |
| Dividends paid to preferred stockholders |
PaymentsOfDividends
|
$1.46M | USD | 1 Quarter |
| Dividends paid to preferred stockholders |
PaymentsOfDividends
|
$1.46M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$5.59M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-19.34M | USD | 1 Quarter |
| Net (decrease) increase in cash and cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-474.00K | USD | 1 Quarter |
| Net (decrease) increase in cash and cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-4.57M | USD | 1 Quarter |
| Cash and cash equivalents and restricted cash-beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$13.98M | USD | Point-in-time |
| 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
|
$8.19M | USD | Point-in-time |
| Cash and cash equivalents and restricted cash-beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$14.46M | USD | Point-in-time |
| Cash and cash equivalents and restricted cash-end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$13.98M | 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
|
$8.19M | USD | Point-in-time |
| Cash and cash equivalents and restricted cash-end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$14.46M | USD | Point-in-time |
| Cash payments for interest |
InterestPaidNet
|
$4.26M | USD | 1 Quarter |
| Cash payments for interest |
InterestPaidNet
|
$8.14M | USD | 1 Quarter |
| Accrued dividends payable |
LiabilitiesAssumed1
|
$15.85M | USD | 1 Quarter |
| Accrued dividends payable |
LiabilitiesAssumed1
|
$15.82M | USD | 1 Quarter |
| Interest rate swap agreements fair value change recognized in other comprehensive income |
ChangeInFairValueOfInterestRateSwapRecognizedInOtherComprehensiveIncomeLossNonCashOrPartialNonCashTransaction
|
$7.26M | USD | 1 Quarter |
| Interest rate swap agreements fair value change recognized in other comprehensive income |
ChangeInFairValueOfInterestRateSwapRecognizedInOtherComprehensiveIncomeLossNonCashOrPartialNonCashTransaction
|
$-17.39M | USD | 1 Quarter |
| OP Units and LTIP Units redeemed for common stock |
UnitsConvertedToCommonStock
|
$122.00K | USD | 1 Quarter |
| OP Units and LTIP Units redeemed for common stock |
UnitsConvertedToCommonStock
|
$682.00K | USD | 1 Quarter |
| Accrued capital expenditures included in accounts payable and accrued expenses |
CapitalExpendituresIncurredButNotYetPaid
|
$778.00K | USD | 1 Quarter |
| Accrued capital expenditures included in accounts payable and accrued expenses |
CapitalExpendituresIncurredButNotYetPaid
|
$1.84M | USD | 1 Quarter |
Stockholders Equity
25 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Dividends to common stockholders |
CommonStockDividendsPerShareDeclared
|
$0.21 | USD | 1 Quarter |
| Dividends to common stockholders |
CommonStockDividendsPerShareDeclared
|
$0.21 | USD | 1 Quarter |
| Dividends to preferred stockholders |
PreferredStockDividendsPerShareDeclared
|
$0.47 | USD | 1 Quarter |
| Dividends to preferred stockholders |
PreferredStockDividendsPerShareDeclared
|
$0.47 | USD | 1 Quarter |
| Balances |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$649.07M | USD | Point-in-time |
| Balances |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$637.58M | USD | Point-in-time |
| Balances |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$652.62M | USD | Point-in-time |
| Balances |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$628.48M | USD | Point-in-time |
| Net income |
ProfitLoss
|
$4.29M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$2.17M | USD | 1 Quarter |
| Issuance of shares of common stock, net |
CommonStockIssuedDuringPeriodValueNewIssues
|
$8.21M | USD | 1 Quarter |
| Change in fair value of interest rate swap agreements |
OtherComprehensiveIncomeLossChangeInFairValueOfInterestRateSwapAgreement
|
$17.39M | USD | 1 Quarter |
| Change in fair value of interest rate swap agreements |
OtherComprehensiveIncomeLossChangeInFairValueOfInterestRateSwapAgreement
|
$-7.26M | USD | 1 Quarter |
| Stock-based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$1.29M | USD | 1 Quarter |
| Stock-based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$688.00K | USD | 1 Quarter |
| Dividends to common stockholders |
DividendsCommonStock
|
$13.73M | USD | 1 Quarter |
| Dividends to common stockholders |
DividendsCommonStock
|
$13.76M | USD | 1 Quarter |
| Dividends to preferred stockholders |
DividendsPreferredStock
|
$1.46M | USD | 1 Quarter |
| Dividends to preferred stockholders |
DividendsPreferredStock
|
$1.46M | USD | 1 Quarter |
| Dividends to noncontrolling interest |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$948.00K | USD | 1 Quarter |
| Dividends to noncontrolling interest |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$971.00K | USD | 1 Quarter |
| Balances |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$649.07M | USD | Point-in-time |
| Balances |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$637.58M | USD | Point-in-time |
| Balances |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$652.62M | USD | Point-in-time |
| Balances |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$628.48M | USD | Point-in-time |
Comprehensive Income
14 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$4.29M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$2.17M | USD | 1 Quarter |
| Increase in fair value of interest rate swap agreements |
OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax
|
$-7.26M | USD | 1 Quarter |
| Increase in fair value of interest rate swap agreements |
OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax
|
$17.39M | USD | 1 Quarter |
| Total other comprehensive (loss) income |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$17.39M | USD | 1 Quarter |
| Total other comprehensive (loss) income |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-7.26M | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-5.09M | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$21.68M | USD | 1 Quarter |
| Less: Preferred stock dividends |
PreferredStockDividendsIncomeStatementImpact
|
$1.46M | USD | 1 Quarter |
| Less: Preferred stock dividends |
PreferredStockDividendsIncomeStatementImpact
|
$1.46M | USD | 1 Quarter |
| Less: Comprehensive loss (income) attributable to noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$1.21M | USD | 1 Quarter |
| Less: Comprehensive loss (income) attributable to noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$-412.00K | USD | 1 Quarter |
| Comprehensive (loss) income attributable to common stockholders |
ComprehensiveIncomeLossNetOfTaxAttributableToCommonShareholders
|
$19.01M | USD | 1 Quarter |
| Comprehensive (loss) income attributable to common stockholders |
ComprehensiveIncomeLossNetOfTaxAttributableToCommonShareholders
|
$-6.13M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.