10-K Filing

GLOBAL MEDICAL REIT INC. CIK: 1533615 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0001558370-24-002000`
Period End Date	20231231
Filing Date	20240228
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	gmre-20231231x10k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 92 Income Statement 63 Cash Flow Statement 124 Stockholders Equity 38 Comprehensive Income 21

Balance Sheet 92 line items

Line Item	Tag	Value	Unit	Period
Unamortized debt issuance costs	`UnamortizedDebtIssuanceExpense`	$66.00K	USD	Point-in-time
Unamortized debt issuance costs	`UnamortizedDebtIssuanceExpense`	$452.00K	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
Land	`Land`	$168.31M	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Building	`InvestmentBuildingAndBuildingImprovements`	$1.04B	USD	Point-in-time
Building	`InvestmentBuildingAndBuildingImprovements`	$1.08B	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	3.10M	shares	Point-in-time
Site improvements	`BuildingsAndImprovementsGross`	$22.02M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	3.10M	shares	Point-in-time
Site improvements	`BuildingsAndImprovementsGross`	$21.97M	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
Tenant improvements	`TenantImprovements`	$66.36M	USD	Point-in-time
Tenant improvements	`TenantImprovements`	$65.99M	USD	Point-in-time
Acquired lease intangible assets	`FiniteLivedIntangibleAssetAcquiredInPlaceLeases`	$148.08M	USD	Point-in-time
Acquired lease intangible assets	`FiniteLivedIntangibleAssetAcquiredInPlaceLeases`	$138.62M	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
Investment in real estate, Total	`RealEstateInvestmentPropertyAtCost`	$1.48B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Investment in real estate, Total	`RealEstateInvestmentPropertyAtCost`	$1.43B	USD	Point-in-time
Less: accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$198.22M	USD	Point-in-time
Less: accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$247.50M	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`	$1.29B	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	65.52M	shares	Point-in-time
Investment in real estate, net	`RealEstateInvestmentPropertyNet`	$1.18B	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	65.56M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.02M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.28M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	65.52M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	65.56M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$10.44M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$5.45M	USD	Point-in-time
Tenant receivables, net	`AccountsReceivableNet`	$8.04M	USD	Point-in-time
Tenant receivables, net	`AccountsReceivableNet`	$6.76M	USD	Point-in-time
Escrow deposits	`DepositsAssets`	$7.83M	USD	Point-in-time
Escrow deposits	`DepositsAssets`	$673.00K	USD	Point-in-time
Deferred assets	`DeferredCostsAndOtherAssets`	$29.62M	USD	Point-in-time
Deferred assets	`DeferredCostsAndOtherAssets`	$27.13M	USD	Point-in-time
Derivative asset	`DerivativeAssets`	$25.12M	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	`OtherAssets`	$6.55M	USD	Point-in-time
Other Assets	`OtherAssets`	$15.72M	USD	Point-in-time
Total assets	`Assets`	$1.27B	USD	Point-in-time
Total assets	`Assets`	$1.39B	USD	Point-in-time
Credit Facility, net of unamortized debt issuance costs of $7,067 and $9,253 at December 31, 2023 and December 31, 2022, respectively	`LineOfCredit`	$585.33M	USD	Point-in-time
Credit Facility, net of unamortized debt issuance costs of $7,067 and $9,253 at December 31, 2023 and December 31, 2022, respectively	`LineOfCredit`	$636.45M	USD	Point-in-time
Notes payable, net of unamortized debt issuance costs of $66 and $452 at December 31, 2023 and December 31, 2022, respectively	`NotesPayable`	$25.90M	USD	Point-in-time
Notes payable, net of unamortized debt issuance costs of $66 and $452 at December 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`	$12.78M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$16.13M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$15.82M	USD	Point-in-time
Security deposits	`SecurityDepositLiability`	$3.69M	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`	$12.77M	USD	Point-in-time
Acquired lease intangible liability, net	`BelowMarketLeaseNet`	$5.28M	USD	Point-in-time
Acquired lease intangible liability, net	`BelowMarketLeaseNet`	$7.61M	USD	Point-in-time
Total liabilities	`Liabilities`	$661.89M	USD	Point-in-time
Total liabilities	`Liabilities`	$744.20M	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.001 par value, 10,000 shares authorized; 3,105 issued and outstanding at December 31, 2023 and December 31, 2022, respectively (liquidation preference of $77,625 at December 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 December 31, 2023 and December 31, 2022, respectively (liquidation preference of $77,625 at December 31, 2023 and December 31, 2022, respectively)	`PreferredStockValue`	$74.96M	USD	Point-in-time
Common stock, $0.001 par value, 500,000 shares authorized; 65,565 shares and 65,518 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively	`CommonStockValue`	$66.00K	USD	Point-in-time
Common stock, $0.001 par value, 500,000 shares authorized; 65,565 shares and 65,518 shares issued and outstanding at December 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`	$722.42M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-238.98M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-198.71M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$25.12M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$34.67M	USD	Point-in-time
Total Global Medical REIT Inc. stockholders' equity	`StockholdersEquity`	$583.58M	USD	Point-in-time
Total Global Medical REIT Inc. stockholders' equity	`StockholdersEquity`	$632.98M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$22.23M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$16.08M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$605.81M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$637.58M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$649.07M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$457.76M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.27B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.39B	USD	Point-in-time

Income Statement 63 line items

Line Item	Tag	Value	Unit	Period
Rental revenue	`OperatingLeaseLeaseIncome`	$115.80M	USD	Annual
Rental revenue	`OperatingLeaseLeaseIncome`	$137.17M	USD	Annual
Rental revenue	`OperatingLeaseLeaseIncome`	$140.93M	USD	Annual
Other income	`RevenueFromContractWithCustomerIncludingAssessedTax`	$116.00K	USD	Annual
Other income	`RevenueFromContractWithCustomerIncludingAssessedTax`	$132.00K	USD	Annual
Other income	`RevenueFromContractWithCustomerIncludingAssessedTax`	$115.00K	USD	Annual
Total revenue	`Revenues`	$137.28M	USD	Annual
Total revenue	`Revenues`	$141.05M	USD	Annual
Total revenue	`Revenues`	$115.94M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$16.45M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$16.55M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$16.85M	USD	Annual
Operating expenses	`OtherGeneralExpense`	$28.08M	USD	Annual
Operating expenses	`OtherGeneralExpense`	$25.19M	USD	Annual
Operating expenses	`OtherGeneralExpense`	$15.49M	USD	Annual
Depreciation expense	`Depreciation`	$40.01M	USD	Annual
Depreciation expense	`Depreciation`	$41.27M	USD	Annual
Depreciation expense	`Depreciation`	$33.83M	USD	Annual
Amortization expense	`AdjustmentForAmortization`	$16.71M	USD	Annual
Amortization expense	`AdjustmentForAmortization`	$16.87M	USD	Annual
Amortization expense	`AdjustmentForAmortization`	$13.05M	USD	Annual
Interest expense	`InterestExpense`	$19.70M	USD	Annual
Interest expense	`InterestExpense`	$25.23M	USD	Annual
Interest expense	`InterestExpense`	$30.89M	USD	Annual
Preacquisition expense	`BusinessCombinationAcquisitionRelatedCosts`	$151.00K	USD	Annual
Preacquisition expense	`BusinessCombinationAcquisitionRelatedCosts`	$44.00K	USD	Annual
Preacquisition expense	`BusinessCombinationAcquisitionRelatedCosts`	$354.00K	USD	Annual
Total expenses	`OperatingExpenses`	$124.04M	USD	Annual
Total expenses	`OperatingExpenses`	$134.01M	USD	Annual
Total expenses	`OperatingExpenses`	$98.66M	USD	Annual
Income before gain on sale of investment property	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$13.24M	USD	Annual
Income before gain on sale of investment property	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$7.04M	USD	Annual
Income before gain on sale of investment property	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$17.27M	USD	Annual
Gain on sale of investment property	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$15.56M	USD	Annual
Gain on sale of investment property	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$1.07M	USD	Annual
Gain on sale of investment property	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$6.75M	USD	Annual
Loss on extinguishment of debt	`LossOnExtinguishmentOfDebt`	-	USD	Annual
Loss on extinguishment of debt	`LossOnExtinguishmentOfDebt`	$868.00K	USD	Annual
Loss on extinguishment of debt	`LossOnExtinguishmentOfDebt`	-	USD	Annual
Net income	`ProfitLoss`	$20.00M	USD	Annual
Net income	`ProfitLoss`	$21.73M	USD	Annual
Net income	`ProfitLoss`	$18.34M	USD	Annual
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$5.82M	USD	Annual
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$5.82M	USD	Annual
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$5.82M	USD	Annual
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$854.00K	USD	Annual
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.12M	USD	Annual
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$720.00K	USD	Annual
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$11.80M	USD	Annual
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$14.79M	USD	Annual
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$13.32M	USD	Annual
Net income (loss) attributable to common stockholders per share - basic	`EarningsPerShareBasic`	$0.23	USD	Annual
Net income (loss) attributable to common stockholders per share - basic	`EarningsPerShareBasic`	$0.19	USD	Annual
Net income (loss) attributable to common stockholders per share - basic	`EarningsPerShareBasic`	$0.20	USD	Annual
Net income (loss) attributable to common stockholders per share - diluted	`EarningsPerShareDiluted`	$0.20	USD	Annual
Net income (loss) attributable to common stockholders per share - diluted	`EarningsPerShareDiluted`	$0.23	USD	Annual
Net income (loss) attributable to common stockholders per share - diluted	`EarningsPerShareDiluted`	$0.19	USD	Annual
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	65.55M	shares	Annual
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	60.64M	shares	Annual
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	65.46M	shares	Annual
Weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	60.64M	shares	Annual
Weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	65.46M	shares	Annual
Weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	65.55M	shares	Annual

Cash Flow Statement 124 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$20.00M	USD	Annual
Net income	`ProfitLoss`	$21.73M	USD	Annual
Net income	`ProfitLoss`	$18.34M	USD	Annual
Depreciation expense	`Depreciation`	$40.01M	USD	Annual
Depreciation expense	`Depreciation`	$41.27M	USD	Annual
Depreciation expense	`Depreciation`	$33.83M	USD	Annual
Amortization of acquired lease intangible assets	`FinanceLeaseRightOfUseAssetAmortization`	$16.69M	USD	Annual
Amortization of acquired lease intangible assets	`FinanceLeaseRightOfUseAssetAmortization`	$12.96M	USD	Annual
Amortization of acquired lease intangible assets	`FinanceLeaseRightOfUseAssetAmortization`	$16.63M	USD	Annual
Amortization of above market leases, net	`AmortizationOfAboveAndBelowMarketLeases`	$1.03M	USD	Annual
Amortization of above market leases, net	`AmortizationOfAboveAndBelowMarketLeases`	$520.00K	USD	Annual
Amortization of above market leases, net	`AmortizationOfAboveAndBelowMarketLeases`	$1.05M	USD	Annual
Amortization of debt issuance costs and other	`OtherAmortizationOfDeferredCharges`	$2.20M	USD	Annual
Amortization of debt issuance costs and other	`OtherAmortizationOfDeferredCharges`	$1.98M	USD	Annual
Amortization of debt issuance costs and other	`OtherAmortizationOfDeferredCharges`	$2.38M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$4.24M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$4.68M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$5.81M	USD	Annual
Capitalized preacquisition and other costs charged to expense	`NoncashMergerRelatedCosts`	$472.00K	USD	Annual
Capitalized preacquisition and other costs charged to expense	`NoncashMergerRelatedCosts`	$177.00K	USD	Annual
Capitalized preacquisition and other costs charged to expense	`NoncashMergerRelatedCosts`	$168.00K	USD	Annual
Reserve for uncollectible accounts	`ReserveForUncollectibleReceivables`	$852.00K	USD	Annual
Reserve for uncollectible accounts	`ReserveForUncollectibleReceivables`	$183.00K	USD	Annual
Gain on sale of investment property	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$15.56M	USD	Annual
Gain on sale of investment property	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$1.07M	USD	Annual
Gain on sale of investment property	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$6.75M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-868.00K	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-21.00K	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-433.00K	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-62.00K	USD	Annual
Tenant receivables	`IncreaseDecreaseInOtherReceivables`	$-426.00K	USD	Annual
Tenant receivables	`IncreaseDecreaseInOtherReceivables`	$2.97M	USD	Annual
Tenant receivables	`IncreaseDecreaseInOtherReceivables`	$657.00K	USD	Annual
Deferred assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.86M	USD	Annual
Deferred assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.34M	USD	Annual
Deferred assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.30M	USD	Annual
Other assets and liabilities	`IncreaseDecreaseInOtherCurrentAssets`	$-542.00K	USD	Annual
Other assets and liabilities	`IncreaseDecreaseInOtherCurrentAssets`	$-586.00K	USD	Annual
Other assets and liabilities	`IncreaseDecreaseInOtherCurrentAssets`	$-12.00K	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.02M	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.06M	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.92M	USD	Annual
Security deposits	`IncreaseDecreaseInSecurityDeposits`	$921.00K	USD	Annual
Security deposits	`IncreaseDecreaseInSecurityDeposits`	$-1.77M	USD	Annual
Security deposits	`IncreaseDecreaseInSecurityDeposits`	$200.00K	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$76.54M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$68.44M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$68.97M	USD	Annual
Purchase of land, buildings, and other tangible and intangible assets and liabilities	`PaymentsForProceedsFromProductiveAssets`	$192.25M	USD	Annual
Purchase of land, buildings, and other tangible and intangible assets and liabilities	`PaymentsForProceedsFromProductiveAssets`	$442.00K	USD	Annual
Purchase of land, buildings, and other tangible and intangible assets and liabilities	`PaymentsForProceedsFromProductiveAssets`	$150.93M	USD	Annual
Net proceeds from sale of investment property	`ProceedsFromSaleOfInvestmentProperty`	$78.92M	USD	Annual
Net proceeds from sale of investment property	`ProceedsFromSaleOfInvestmentProperty`	$17.89M	USD	Annual
Net proceeds from sale of investment property	`ProceedsFromSaleOfInvestmentProperty`	$5.48M	USD	Annual
Escrow deposits for purchase of properties	`PaymentsForProceedsFromOtherDeposits`	$-1.58M	USD	Annual
Escrow deposits for purchase of properties	`PaymentsForProceedsFromOtherDeposits`	$-98.00K	USD	Annual
Advances made to related parties	`ProceedsFromPaymentsForLongTermLoansForRelatedParties`	$-60.00K	USD	Annual
Advances made to related parties	`ProceedsFromPaymentsForLongTermLoansForRelatedParties`	$-38.00K	USD	Annual
Advances made to related parties	`ProceedsFromPaymentsForLongTermLoansForRelatedParties`	$7.00K	USD	Annual
Payment received on loan made to a tenant	`RepaymentOfNotesReceivableFromRelatedParties`	$1.00M	USD	Annual
Capital expenditures on existing real estate investments	`PaymentsForProceedsFromInvestments`	$9.40M	USD	Annual
Capital expenditures on existing real estate investments	`PaymentsForProceedsFromInvestments`	$9.60M	USD	Annual
Capital expenditures on existing real estate investments	`PaymentsForProceedsFromInvestments`	$5.27M	USD	Annual
Leasing commissions	`PaymentsForProceedsFromOtherInvestingActivities`	$1.26M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$67.62M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-194.66M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-137.25M	USD	Annual
Net proceeds received from common equity offerings	`ProceedsFromIssuanceOfCommonStock`	$9.90M	USD	Annual
Net proceeds received from common equity offerings	`ProceedsFromIssuanceOfCommonStock`	$205.52M	USD	Annual
Escrow deposits required by third party lenders	`ProceedsFromPaymentsForDepositsAppliedToDebtRetirements`	$7.16M	USD	Annual
Escrow deposits required by third party lenders	`ProceedsFromPaymentsForDepositsAppliedToDebtRetirements`	$-2.72M	USD	Annual
Escrow deposits required by third party lenders	`ProceedsFromPaymentsForDepositsAppliedToDebtRetirements`	$-1.97M	USD	Annual
Repayment of notes payable	`RepaymentsOfNotesPayable`	$8.00M	USD	Annual
Repayment of notes payable	`RepaymentsOfNotesPayable`	$1.26M	USD	Annual
Repayment of notes payable	`RepaymentsOfNotesPayable`	$1.16M	USD	Annual
Payment for CMBS loan defeasance	`EarlyRepaymentOfSeniorDebt`	$31.52M	USD	Annual
Proceeds from Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$138.60M	USD	Annual
Proceeds from Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$221.60M	USD	Annual
Proceeds from Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$83.10M	USD	Annual
Repayment of Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$15.50M	USD	Annual
Repayment of Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$224.20M	USD	Annual
Repayment of Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$136.40M	USD	Annual
Repayment of debt issue costs	`PaymentsOfDebtIssuanceCosts`	$13.00K	USD	Annual
Repayment of debt issue costs	`PaymentsOfDebtIssuanceCosts`	$3.21M	USD	Annual
Repayment of debt issue costs	`PaymentsOfDebtIssuanceCosts`	$6.18M	USD	Annual
Dividends paid to common stockholders, and OP Unit and LTIP Unit holders	`PaymentOfDividendsCommonStockOpAndLtipUnits`	$58.42M	USD	Annual
Dividends paid to common stockholders, and OP Unit and LTIP Unit holders	`PaymentOfDividendsCommonStockOpAndLtipUnits`	$59.02M	USD	Annual
Dividends paid to common stockholders, and OP Unit and LTIP Unit holders	`PaymentOfDividendsCommonStockOpAndLtipUnits`	$52.50M	USD	Annual
Dividends paid to preferred stockholders	`PaymentsOfDividends`	$5.82M	USD	Annual
Dividends paid to preferred stockholders	`PaymentsOfDividends`	$5.82M	USD	Annual
Dividends paid to preferred stockholders	`PaymentsOfDividends`	$5.82M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$62.41M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$127.70M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-143.79M	USD	Annual
Net (decrease) increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.70M	USD	Annual
Net (decrease) increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-7.73M	USD	Annual
Net (decrease) increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$2.01M	USD	Annual
Cash and cash equivalents and restricted cash-beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$12.76M	USD	Point-in-time
Cash and cash equivalents and restricted cash-beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.46M	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`	$6.72M	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`	$14.46M	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`	$6.72M	USD	Point-in-time
Cash payments for interest	`InterestPaidNet`	$21.62M	USD	Annual
Cash payments for interest	`InterestPaidNet`	$17.71M	USD	Annual
Cash payments for interest	`InterestPaidNet`	$30.15M	USD	Annual
Accrued dividends payable	`LiabilitiesAssumed1`	$15.82M	USD	Annual
Accrued dividends payable	`LiabilitiesAssumed1`	$16.13M	USD	Annual
Accrued dividends payable	`LiabilitiesAssumed1`	$15.67M	USD	Annual
Interest rate swap agreements fair value change recognized in other comprehensive income	`ChangeInFairValueOfInterestRateSwapRecognizedInOtherComprehensiveIncomeLossNonCashOrPartialNonCashTransaction`	$-11.58M	USD	Annual
Interest rate swap agreements fair value change recognized in other comprehensive income	`ChangeInFairValueOfInterestRateSwapRecognizedInOtherComprehensiveIncomeLossNonCashOrPartialNonCashTransaction`	$-41.31M	USD	Annual
Interest rate swap agreements fair value change recognized in other comprehensive income	`ChangeInFairValueOfInterestRateSwapRecognizedInOtherComprehensiveIncomeLossNonCashOrPartialNonCashTransaction`	$9.55M	USD	Annual
OP Units and LTIP Units redeemed for common stock	`UnitsConvertedToCommonStock`	$427.00K	USD	Annual
OP Units and LTIP Units redeemed for common stock	`UnitsConvertedToCommonStock`	$1.04M	USD	Annual
OP Units and LTIP Units redeemed for common stock	`UnitsConvertedToCommonStock`	$682.00K	USD	Annual
Accrued capital expenditures included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$1.22M	USD	Annual
Accrued capital expenditures included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$2.23M	USD	Annual
Accrued capital expenditures included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$1.36M	USD	Annual
OP Units issued for property acquisitions	`StockIssued1`	$5.48M	USD	Annual
Recognition of lease liability related to right of use asset	`CapitalLeaseObligationsIncurred`	$4.63M	USD	Annual
Loan assumed in connection with a facility acquisition	`LoansAssumed1`	$1.51M	USD	Annual
Write off of unamortized debt issuance costs from loan defeasance	`NotesReduction`	$240.00K	USD	Annual

Stockholders Equity 38 line items

Line Item	Tag	Value	Unit	Period
Dividends to common stockholders	`CommonStockDividendsPerShareDeclared`	$0.82	USD	Annual
Dividends to common stockholders	`CommonStockDividendsPerShareDeclared`	$0.84	USD	Annual
Dividends to common stockholders	`CommonStockDividendsPerShareDeclared`	$0.84	USD	Annual
Dividends to preferred stockholders	`PreferredStockDividendsPerShareDeclared`	$1.88	USD	Annual
Dividends to preferred stockholders	`PreferredStockDividendsPerShareDeclared`	$1.88	USD	Annual
Dividends to preferred stockholders	`PreferredStockDividendsPerShareDeclared`	$1.88	USD	Annual
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$605.81M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$637.58M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$649.07M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$457.76M	USD	Point-in-time
Net income	`ProfitLoss`	$20.00M	USD	Annual
Net income	`ProfitLoss`	$21.73M	USD	Annual
Net income	`ProfitLoss`	$18.34M	USD	Annual
Issuance of shares of common stock, net	`CommonStockIssuedDuringPeriodValueNewIssues`	$9.90M	USD	Annual
Issuance of shares of common stock, net	`CommonStockIssuedDuringPeriodValueNewIssues`	$205.60M	USD	Annual
LTIP Units and OP Units redeemed for common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	Annual
LTIP Units and OP Units redeemed for common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	Annual
LTIP Units and OP Units redeemed for common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	Annual
OP Units issued for property acquisitions	`StockIssued1`	$5.48M	USD	Annual
Change in fair value of interest rate swap agreements	`OtherComprehensiveIncomeLossChangeInFairValueOfInterestRateSwapAgreement`	$41.31M	USD	Annual
Change in fair value of interest rate swap agreements	`OtherComprehensiveIncomeLossChangeInFairValueOfInterestRateSwapAgreement`	$11.58M	USD	Annual
Change in fair value of interest rate swap agreements	`OtherComprehensiveIncomeLossChangeInFairValueOfInterestRateSwapAgreement`	$-9.55M	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.81M	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.68M	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.24M	USD	Annual
Dividends to common stockholders	`DividendsCommonStock`	$55.07M	USD	Annual
Dividends to common stockholders	`DividendsCommonStock`	$55.01M	USD	Annual
Dividends to common stockholders	`DividendsCommonStock`	$52.04M	USD	Annual
Dividends to preferred stockholders	`DividendsPreferredStock`	$5.82M	USD	Annual
Dividends to preferred stockholders	`DividendsPreferredStock`	$5.82M	USD	Annual
Dividends to preferred stockholders	`DividendsPreferredStock`	$5.82M	USD	Annual
Dividends to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$4.27M	USD	Annual
Dividends to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$3.65M	USD	Annual
Dividends to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$3.56M	USD	Annual
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$605.81M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$637.58M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$649.07M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$457.76M	USD	Point-in-time

Comprehensive Income 21 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$20.00M	USD	Annual
Net income	`ProfitLoss`	$21.73M	USD	Annual
Net income	`ProfitLoss`	$18.34M	USD	Annual
Increase in fair value of interest rate swap agreements	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax`	$41.31M	USD	Annual
Increase in fair value of interest rate swap agreements	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax`	$11.58M	USD	Annual
Increase in fair value of interest rate swap agreements	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax`	$-9.55M	USD	Annual
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$41.31M	USD	Annual
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-9.55M	USD	Annual
Total other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$11.58M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$29.93M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$61.31M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$12.19M	USD	Annual
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$5.82M	USD	Annual
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$5.82M	USD	Annual
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$5.82M	USD	Annual
Less: Comprehensive loss (income) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.34M	USD	Annual
Less: Comprehensive loss (income) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$464.00K	USD	Annual
Less: Comprehensive loss (income) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.39M	USD	Annual
Comprehensive (loss) income attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonShareholders`	$5.90M	USD	Annual
Comprehensive (loss) income attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonShareholders`	$22.71M	USD	Annual
Comprehensive (loss) income attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonShareholders`	$52.14M	USD	Annual

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