10-Q Filing

GLOBAL MEDICAL REIT INC. CIK: 1533615 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001558370-23-017988`
Period End Date	20230930
Filing Date	20231107
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	gmre-20230930x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 94 Income Statement 79 Cash Flow Statement 92 Stockholders Equity 46 Comprehensive Income 28

Balance Sheet 94 line items

Line Item	Tag	Value	Unit	Period
Unamortized debt issuance costs	`UnamortizedDebtIssuanceExpense`	$452.00K	USD	Point-in-time
Unamortized debt issuance costs	`UnamortizedDebtIssuanceExpense`	$337.00K	USD	Point-in-time
Land	`Land`	$164.31M	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
Land	`Land`	$168.31M	USD	Point-in-time
Building	`InvestmentBuildingAndBuildingImprovements`	$1.03B	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
Building	`InvestmentBuildingAndBuildingImprovements`	$1.08B	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	3.10M	shares	Point-in-time
Site improvements	`BuildingsAndImprovementsGross`	$21.48M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	3.10M	shares	Point-in-time
Site improvements	`BuildingsAndImprovementsGross`	$22.02M	USD	Point-in-time
Tenant improvements	`TenantImprovements`	$65.99M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	3.10M	shares	Point-in-time
Tenant improvements	`TenantImprovements`	$65.77M	USD	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
Preferred stock, liquidation preference	`PreferredStockLiquidationPreferenceValue`	$77.62M	USD	Point-in-time
Acquired lease intangible assets	`FiniteLivedIntangibleAssetAcquiredInPlaceLeases`	$138.62M	USD	Point-in-time
Acquired lease intangible assets	`FiniteLivedIntangibleAssetAcquiredInPlaceLeases`	$148.08M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Investment in real estate, Total	`RealEstateInvestmentPropertyAtCost`	$1.43B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Investment in real estate, Total	`RealEstateInvestmentPropertyAtCost`	$1.48B	USD	Point-in-time
Less: accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$232.52M	USD	Point-in-time
Less: accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$198.22M	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
Investment in real estate, net	`RealEstateInvestmentPropertyNet`	$1.19B	USD	Point-in-time
Investment in real estate, net	`RealEstateInvestmentPropertyNet`	$1.29B	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	65.56M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	65.52M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.28M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.20M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	65.56M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	65.52M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.02M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$10.44M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$6.33M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$10.40M	USD	Point-in-time
Tenant receivables, net	`AccountsReceivableNet`	$8.04M	USD	Point-in-time
Tenant receivables, net	`AccountsReceivableNet`	$7.53M	USD	Point-in-time
Escrow deposits	`DepositsAssets`	$9.86M	USD	Point-in-time
Escrow deposits	`DepositsAssets`	$7.83M	USD	Point-in-time
Deferred assets	`DeferredCostsAndOtherAssets`	$29.62M	USD	Point-in-time
Deferred assets	`DeferredCostsAndOtherAssets`	$26.75M	USD	Point-in-time
Derivative asset	`DerivativeAssets`	$34.70M	USD	Point-in-time
Derivative asset	`DerivativeAssets`	$38.38M	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`	$13.71M	USD	Point-in-time
Total assets	`Assets`	$1.39B	USD	Point-in-time
Total assets	`Assets`	$1.30B	USD	Point-in-time
Credit Facility, net of unamortized debt issuance costs of $7,617 and $9,253 at September 30, 2023 and December 31, 2022, respectively	`LineOfCredit`	$636.45M	USD	Point-in-time
Credit Facility, net of unamortized debt issuance costs of $7,617 and $9,253 at September 30, 2023 and December 31, 2022, respectively	`LineOfCredit`	$560.78M	USD	Point-in-time
Notes payable, net of unamortized debt issuance costs of $337 and $452 at September 30, 2023 and December 31, 2022, respectively	`NotesPayable`	$56.82M	USD	Point-in-time
Notes payable, net of unamortized debt issuance costs of $337 and $452 at September 30, 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`	$13.30M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$16.05M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$15.82M	USD	Point-in-time
Security deposits	`SecurityDepositLiability`	$3.91M	USD	Point-in-time
Security deposits	`SecurityDepositLiability`	$5.46M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$7.36M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$12.14M	USD	Point-in-time
Acquired lease intangible liability, net	`BelowMarketLeaseNet`	$5.86M	USD	Point-in-time
Acquired lease intangible liability, net	`BelowMarketLeaseNet`	$7.61M	USD	Point-in-time
Total liabilities	`Liabilities`	$744.20M	USD	Point-in-time
Total liabilities	`Liabilities`	$668.87M	USD	Point-in-time
Preferred stock, $0.001 par value, 10,000 shares authorized; 3,105 issued and outstanding at September 30, 2023 and December 31, 2022, respectively (liquidation preference of $77,625 at September 30, 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 September 30, 2023 and December 31, 2022, respectively (liquidation preference of $77,625 at September 30, 2023 and December 31, 2022, respectively)	`PreferredStockValue`	$74.96M	USD	Point-in-time
Common stock, $0.001 par value, 500,000 shares authorized; 65,565 shares and 65,518 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$66.00K	USD	Point-in-time
Common stock, $0.001 par value, 500,000 shares authorized; 65,565 shares and 65,518 shares issued and outstanding at September 30, 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`	$722.42M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-198.71M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-224.38M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$38.38M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$34.67M	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`	$611.45M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$16.08M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$22.20M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$664.58M	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`	$641.39M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$649.11M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$633.65M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.39B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.30B	USD	Point-in-time

Income Statement 79 line items

Line Item	Tag	Value	Unit	Period
Rental revenue	`OperatingLeaseLeaseIncome`	$35.49M	USD	1 Quarter
Rental revenue	`OperatingLeaseLeaseIncome`	$100.88M	USD	3 Qtrs
Rental revenue	`OperatingLeaseLeaseIncome`	$35.35M	USD	1 Quarter
Rental revenue	`OperatingLeaseLeaseIncome`	$108.00M	USD	3 Qtrs
Other income	`RevenueFromContractWithCustomerIncludingAssessedTax`	$20.00K	USD	1 Quarter
Other income	`RevenueFromContractWithCustomerIncludingAssessedTax`	$59.00K	USD	1 Quarter
Other income	`RevenueFromContractWithCustomerIncludingAssessedTax`	$85.00K	USD	3 Qtrs
Other income	`RevenueFromContractWithCustomerIncludingAssessedTax`	$100.00K	USD	3 Qtrs
Total revenue	`Revenues`	$35.51M	USD	1 Quarter
Total revenue	`Revenues`	$100.98M	USD	3 Qtrs
Total revenue	`Revenues`	$35.41M	USD	1 Quarter
Total revenue	`Revenues`	$108.09M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$12.49M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$12.63M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$3.96M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$4.37M	USD	1 Quarter
Operating expenses	`OtherGeneralExpense`	$7.23M	USD	1 Quarter
Operating expenses	`OtherGeneralExpense`	$18.05M	USD	3 Qtrs
Operating expenses	`OtherGeneralExpense`	$21.99M	USD	3 Qtrs
Operating expenses	`OtherGeneralExpense`	$6.68M	USD	1 Quarter
Depreciation expense	`Depreciation`	$31.06M	USD	3 Qtrs
Depreciation expense	`Depreciation`	$10.10M	USD	1 Quarter
Depreciation expense	`Depreciation`	$29.43M	USD	3 Qtrs
Depreciation expense	`Depreciation`	$10.13M	USD	1 Quarter
Amortization expense	`AdjustmentForAmortization`	$12.83M	USD	3 Qtrs
Amortization expense	`AdjustmentForAmortization`	$12.20M	USD	3 Qtrs
Amortization expense	`AdjustmentForAmortization`	$4.09M	USD	1 Quarter
Amortization expense	`AdjustmentForAmortization`	$4.29M	USD	1 Quarter
Interest expense	`InterestExpense`	$6.96M	USD	1 Quarter
Interest expense	`InterestExpense`	$7.17M	USD	1 Quarter
Interest expense	`InterestExpense`	$17.17M	USD	3 Qtrs
Interest expense	`InterestExpense`	$23.91M	USD	3 Qtrs
Preacquisition expense	`BusinessCombinationAcquisitionRelatedCosts`	$44.00K	USD	3 Qtrs
Preacquisition expense	`BusinessCombinationAcquisitionRelatedCosts`	$242.00K	USD	3 Qtrs
Preacquisition expense	`BusinessCombinationAcquisitionRelatedCosts`	$112.00K	USD	1 Quarter
Total expenses	`OperatingExpenses`	$102.47M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$32.96M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$89.58M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$32.13M	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`	$3.28M	USD	1 Quarter
Income before gain on sale of investment property	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$5.62M	USD	3 Qtrs
Income before gain on sale of investment property	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$2.54M	USD	1 Quarter
Gain on sale of investment property	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$6.75M	USD	1 Quarter
Gain on sale of investment property	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$15.56M	USD	3 Qtrs
Gain on sale of investment property	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$6.75M	USD	3 Qtrs
Gain on sale of investment property	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$2.29M	USD	1 Quarter
Net income	`ProfitLoss`	$21.18M	USD	3 Qtrs
Net income	`ProfitLoss`	$4.83M	USD	1 Quarter
Net income	`ProfitLoss`	$10.03M	USD	1 Quarter
Net income	`ProfitLoss`	$18.15M	USD	3 Qtrs
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$4.37M	USD	3 Qtrs
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$4.37M	USD	3 Qtrs
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`	$830.00K	USD	3 Qtrs
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$240.00K	USD	1 Quarter
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.19M	USD	3 Qtrs
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$517.00K	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$12.95M	USD	3 Qtrs
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$8.06M	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$15.63M	USD	3 Qtrs
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$3.14M	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`	$0.05	USD	1 Quarter
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 - basic	`EarningsPerShareBasic`	$0.24	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`	$0.05	USD	1 Quarter
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`	$0.24	USD	3 Qtrs
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	65.52M	shares	1 Quarter
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	65.56M	shares	1 Quarter
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	65.55M	shares	3 Qtrs
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	65.44M	shares	3 Qtrs
Weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	65.55M	shares	3 Qtrs
Weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	65.56M	shares	1 Quarter
Weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	65.52M	shares	1 Quarter
Weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	65.44M	shares	3 Qtrs

Cash Flow Statement 92 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$21.18M	USD	3 Qtrs
Net income	`ProfitLoss`	$4.83M	USD	1 Quarter
Net income	`ProfitLoss`	$10.03M	USD	1 Quarter
Net income	`ProfitLoss`	$18.15M	USD	3 Qtrs
Depreciation expense	`Depreciation`	$31.06M	USD	3 Qtrs
Depreciation expense	`Depreciation`	$10.10M	USD	1 Quarter
Depreciation expense	`Depreciation`	$29.43M	USD	3 Qtrs
Depreciation expense	`Depreciation`	$10.13M	USD	1 Quarter
Amortization of acquired lease intangible assets	`FinanceLeaseRightOfUseAssetAmortization`	$12.72M	USD	3 Qtrs
Amortization of acquired lease intangible assets	`FinanceLeaseRightOfUseAssetAmortization`	$12.14M	USD	3 Qtrs
Amortization of above market leases, net	`AmortizationOfAboveAndBelowMarketLeases`	$812.00K	USD	3 Qtrs
Amortization of above market leases, net	`AmortizationOfAboveAndBelowMarketLeases`	$735.00K	USD	3 Qtrs
Amortization of debt issuance costs and other	`OtherAmortizationOfDeferredCharges`	$1.79M	USD	3 Qtrs
Amortization of debt issuance costs and other	`OtherAmortizationOfDeferredCharges`	$1.60M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$3.62M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$1.04M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$3.02M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$1.19M	USD	1 Quarter
Capitalized preacquisition and other costs charged to expense	`NoncashMergerRelatedCosts`	$155.00K	USD	3 Qtrs
Capitalized preacquisition and other costs charged to expense	`NoncashMergerRelatedCosts`	$344.00K	USD	3 Qtrs
Gain on sale of investment property	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$6.75M	USD	1 Quarter
Gain on sale of investment property	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$15.56M	USD	3 Qtrs
Gain on sale of investment property	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$6.75M	USD	3 Qtrs
Gain on sale of investment property	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$2.29M	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-285.00K	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-68.00K	USD	3 Qtrs
Tenant receivables	`IncreaseDecreaseInOtherReceivables`	$1.31M	USD	3 Qtrs
Tenant receivables	`IncreaseDecreaseInOtherReceivables`	$-513.00K	USD	3 Qtrs
Deferred assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.48M	USD	3 Qtrs
Deferred assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.39M	USD	3 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherCurrentAssets`	$810.00K	USD	3 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherCurrentAssets`	$787.00K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$3.56M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-855.00K	USD	3 Qtrs
Security deposits	`IncreaseDecreaseInSecurityDeposits`	$864.00K	USD	3 Qtrs
Security deposits	`IncreaseDecreaseInSecurityDeposits`	$-1.55M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$58.23M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$50.31M	USD	3 Qtrs
Purchase of land, buildings, and other tangible and intangible assets and liabilities	`PaymentsForProceedsFromProductiveAssets`	$442.00K	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
Net proceeds from sale of investment property	`ProceedsFromSaleOfInvestmentProperty`	$77.93M	USD	3 Qtrs
Escrow deposits for purchase of properties	`PaymentsForProceedsFromOtherDeposits`	$302.00K	USD	3 Qtrs
Advances made to related parties	`ProceedsFromPaymentsForLongTermLoansForRelatedParties`	$-89.00K	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`	$5.78M	USD	3 Qtrs
Capital expenditures on existing real estate investments	`PaymentsForProceedsFromInvestments`	$3.66M	USD	3 Qtrs
Leasing commissions	`PaymentsForProceedsFromOtherInvestingActivities`	$890.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-135.84M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$70.73M	USD	3 Qtrs
Net proceeds received from common equity offerings	`ProceedsFromIssuanceOfCommonStock`	$9.98M	USD	3 Qtrs
Escrow deposits required by third party lenders	`PaymentsForDepositsAppliedToDebtRetirements`	$1.40M	USD	3 Qtrs
Escrow deposits required by third party lenders	`PaymentsForDepositsAppliedToDebtRetirements`	$1.04M	USD	3 Qtrs
Repayment of notes payable	`RepaymentsOfNotesPayable`	$964.00K	USD	3 Qtrs
Repayment of notes payable	`RepaymentsOfNotesPayable`	$873.00K	USD	3 Qtrs
Proceeds from Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$127.10M	USD	3 Qtrs
Proceeds from Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$38.10M	USD	3 Qtrs
Repayment of Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$5.00M	USD	3 Qtrs
Repayment of Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$115.40M	USD	3 Qtrs
Repayment of debt issue costs	`PaymentsOfDebtIssuanceCosts`	$13.00K	USD	3 Qtrs
Repayment of debt issue costs	`PaymentsOfDebtIssuanceCosts`	$3.21M	USD	3 Qtrs
Dividends paid to common stockholders, and OP Unit and LTIP Unit holders	`PaymentOfDividendsCommonStockOpAndLtipUnits`	$44.21M	USD	3 Qtrs
Dividends paid to common stockholders, and OP Unit and LTIP Unit holders	`PaymentOfDividendsCommonStockOpAndLtipUnits`	$43.78M	USD	3 Qtrs
Dividends paid to 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`	$-127.89M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$78.44M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$836.00K	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-6.84M	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`	$7.61M	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-beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.60M	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`	$7.61M	USD	Point-in-time
Cash and cash equivalents and restricted cash-end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.46M	USD	Point-in-time
Cash and cash equivalents and restricted cash-end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.60M	USD	Point-in-time
Cash payments for interest	`InterestPaidNet`	$15.25M	USD	3 Qtrs
Cash payments for interest	`InterestPaidNet`	$23.29M	USD	3 Qtrs
Accrued dividends payable	`LiabilitiesAssumed1`	$15.78M	USD	3 Qtrs
Accrued dividends payable	`LiabilitiesAssumed1`	$16.05M	USD	3 Qtrs
Interest rate swap agreements fair value change recognized in other comprehensive income	`ChangeInFairValueOfInterestRateSwapRecognizedInOtherComprehensiveIncomeLossNonCashOrPartialNonCashTransaction`	$3.71M	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`	$427.00K	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`	$713.00K	USD	3 Qtrs
OP Units issued for property acquisitions	`StockIssued1`	$5.48M	USD	3 Qtrs
Proceeds from sale of an investment property held in escrow	`EscrowDepositsRelatedToPropertySales`	$990.00K	USD	3 Qtrs
Recognition of lease liability related to right of use asset	`CapitalLeaseObligationsIncurred`	$4.63M	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`	$0.63	USD	3 Qtrs
Dividends to common stockholders	`CommonStockDividendsPerShareDeclared`	$0.63	USD	3 Qtrs
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`	$1.41	USD	3 Qtrs
Dividends to preferred stockholders	`PreferredStockDividendsPerShareDeclared`	$0.47	USD	1 Quarter
Dividends to preferred stockholders	`PreferredStockDividendsPerShareDeclared`	$1.41	USD	3 Qtrs
Dividends to preferred stockholders	`PreferredStockDividendsPerShareDeclared`	$0.47	USD	1 Quarter
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$664.58M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$649.07M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$637.58M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$641.39M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$649.11M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$633.65M	USD	Point-in-time
Net income	`ProfitLoss`	$21.18M	USD	3 Qtrs
Net income	`ProfitLoss`	$4.83M	USD	1 Quarter
Net income	`ProfitLoss`	$10.03M	USD	1 Quarter
Net income	`ProfitLoss`	$18.15M	USD	3 Qtrs
Issuance of shares of common stock, net	`CommonStockIssuedDuringPeriodValueNewIssues`	$9.98M	USD	3 Qtrs
OP Units issued for property acquisitions	`StockIssued1`	$5.48M	USD	3 Qtrs
Change in fair value of interest rate swap agreements	`OtherComprehensiveIncomeLossChangeInFairValueOfInterestRateSwapAgreement`	$3.71M	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`	$2.52M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.62M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.02M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.19M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.04M	USD	1 Quarter
Dividends to common stockholders	`DividendsCommonStock`	$41.30M	USD	3 Qtrs
Dividends to common stockholders	`DividendsCommonStock`	$41.25M	USD	3 Qtrs
Dividends to common stockholders	`DividendsCommonStock`	$13.76M	USD	1 Quarter
Dividends to common stockholders	`DividendsCommonStock`	$13.77M	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 preferred stockholders	`DividendsPreferredStock`	$1.46M	USD	1 Quarter
Dividends to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.06M	USD	1 Quarter
Dividends to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$3.14M	USD	3 Qtrs
Dividends to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.64M	USD	3 Qtrs
Dividends to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$735.00K	USD	1 Quarter
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$664.58M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$649.07M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$637.58M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$641.39M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$649.11M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$633.65M	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$21.18M	USD	3 Qtrs
Net income	`ProfitLoss`	$4.83M	USD	1 Quarter
Net income	`ProfitLoss`	$10.03M	USD	1 Quarter
Net income	`ProfitLoss`	$18.15M	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`	$2.52M	USD	1 Quarter
Increase in fair value of interest rate swap agreements	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax`	$3.71M	USD	3 Qtrs
Increase in fair value of interest rate swap agreements	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax`	$20.36M	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$43.52M	USD	3 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$20.36M	USD	1 Quarter
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$3.71M	USD	3 Qtrs
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.52M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$24.89M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$7.35M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$61.67M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$30.39M	USD	1 Quarter
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$4.37M	USD	3 Qtrs
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$4.37M	USD	3 Qtrs
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`	$418.00K	USD	1 Quarter
Less: Comprehensive loss (income) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.45M	USD	3 Qtrs
Less: Comprehensive loss (income) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.44M	USD	3 Qtrs
Less: Comprehensive loss (income) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.74M	USD	1 Quarter
Comprehensive (loss) income attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonShareholders`	$19.08M	USD	3 Qtrs
Comprehensive (loss) income attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonShareholders`	$53.85M	USD	3 Qtrs
Comprehensive (loss) income attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonShareholders`	$5.48M	USD	1 Quarter
Comprehensive (loss) income attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonShareholders`	$27.19M	USD	1 Quarter

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