10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001713407-23-000042 |
| Period End Date | 20230331 |
| Filing Date | 20230512 |
| Fiscal Year | 2023 |
| Fiscal Period | Q1 |
| XBRL Instance | oak-20230331_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
68 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Preferred stock, par value (in dollars per share) |
PreferredStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Preferred stock, par value (in dollars per share) |
PreferredStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Preferred stock, shares authorized (in shares) |
PreferredStockSharesAuthorized
|
50.00M | shares | Point-in-time |
| Preferred stock, shares authorized (in shares) |
PreferredStockSharesAuthorized
|
50.00M | shares | Point-in-time |
| Preferred stock, issued (in shares) |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Preferred stock, issued (in shares) |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Preferred stock, outstanding (in shares) |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Preferred stock, outstanding (in shares) |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Investments in real estate, net |
RealEstateInvestments
|
$1.58B | USD | Point-in-time |
| Investments in real estate, net |
RealEstateInvestments
|
$1.57B | USD | Point-in-time |
| Investments in real estate-related loans and securities, net |
InvestmentsInRealEstateRelatedLoansNet
|
$332.65M | USD | Point-in-time |
| Investments in real estate-related loans and securities, net |
InvestmentsInRealEstateRelatedLoansNet
|
$305.38M | USD | Point-in-time |
| Investments in unconsolidated entities |
InvestmentsInUnconsolidatedEntities
|
$76.53M | USD | Point-in-time |
| Investments in unconsolidated entities |
InvestmentsInUnconsolidatedEntities
|
$80.59M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$44.70M | USD | Point-in-time |
| Intangible assets, net |
IntangibleAssetsNetExcludingGoodwill
|
$43.47M | USD | Point-in-time |
| Common stock, outstanding (in shares) |
CommonStockSharesOutstanding
|
91.69M | shares | Point-in-time |
| Common stock, outstanding (in shares) |
CommonStockSharesOutstanding
|
91.91M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$45.98M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$37.11M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$61.82M | USD | Point-in-time |
| Restricted cash |
RestrictedCash
|
$18.18M | USD | Point-in-time |
| Restricted cash |
RestrictedCash
|
$49.66M | USD | Point-in-time |
| Restricted cash |
RestrictedCash
|
$24.07M | USD | Point-in-time |
| Accounts and other receivables, net |
AccountsAndOtherReceivablesNet
|
$8.71M | USD | Point-in-time |
| Accounts and other receivables, net |
AccountsAndOtherReceivablesNet
|
$8.38M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$77.18M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$23.19M | USD | Point-in-time |
| Total Assets |
Assets
|
$2.14B | USD | Point-in-time |
| Total Assets |
Assets
|
$2.15B | USD | Point-in-time |
| Mortgage loans, secured term loan and secured credit facility, net |
MortgageLoansNet
|
$1.05B | USD | Point-in-time |
| Mortgage loans, secured term loan and secured credit facility, net |
MortgageLoansNet
|
$1.06B | USD | Point-in-time |
| Unsecured revolving credit facility |
LineOfCredit
|
- | USD | Point-in-time |
| Unsecured revolving credit facility |
LineOfCredit
|
- | USD | Point-in-time |
| Due to affiliates |
DueToAffiliateCurrentAndNoncurrent
|
$52.29M | USD | Point-in-time |
| Due to affiliates |
DueToAffiliateCurrentAndNoncurrent
|
$54.91M | USD | Point-in-time |
| Intangible liabilities, net |
IntangibleLiabilitiesNet
|
$27.48M | USD | Point-in-time |
| Intangible liabilities, net |
IntangibleLiabilitiesNet
|
$27.14M | USD | Point-in-time |
| Accounts payable, accrued expenses and other liabilities |
AccountsPayableAccruedExpensesAndOtherLiabilities
|
$39.59M | USD | Point-in-time |
| Accounts payable, accrued expenses and other liabilities |
AccountsPayableAccruedExpensesAndOtherLiabilities
|
$48.96M | USD | Point-in-time |
| Subscriptions received in advance |
ContractWithCustomerLiability
|
$8.17M | USD | Point-in-time |
| Subscriptions received in advance |
ContractWithCustomerLiability
|
$13.55M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$1.20B | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$1.18B | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Redeemable non-controlling interests attributable to OP unitholders |
RedeemableNoncontrollingInterestEquityCarryingAmount
|
$990.00K | USD | Point-in-time |
| Redeemable non-controlling interests attributable to OP unitholders |
RedeemableNoncontrollingInterestEquityCarryingAmount
|
$974.00K | USD | Point-in-time |
| Redeemable non-controlling interests attributable to OP unitholders |
RedeemableNoncontrollingInterestEquityCarryingAmount
|
$259.81M | USD | Point-in-time |
| Redeemable non-controlling interests attributable to OP unitholders |
RedeemableNoncontrollingInterestEquityCarryingAmount
|
$200.09M | USD | Point-in-time |
| Preferred stock, $0.01 par value per share, 50,000 shares authorized; no shares issued nor outstanding at March 31, 2023 and December 31, 2022, respectively |
PreferredStockValue
|
- | USD | Point-in-time |
| Preferred stock, $0.01 par value per share, 50,000 shares authorized; no shares issued nor outstanding at March 31, 2023 and December 31, 2022, respectively |
PreferredStockValue
|
- | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$1.07B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$1.06B | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-127.45M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-100.71M | USD | Point-in-time |
| Total Stockholders Equity |
StockholdersEquity
|
$939.95M | USD | Point-in-time |
| Total Stockholders Equity |
StockholdersEquity
|
$963.21M | USD | Point-in-time |
| Non-controlling interests attributable to third party joint ventures |
NonControllingInterestsAttributableToPreferredStockholders
|
$3.98M | USD | Point-in-time |
| Non-controlling interests attributable to third party joint ventures |
NonControllingInterestsAttributableToPreferredStockholders
|
$4.07M | USD | Point-in-time |
| Non-controlling interests attributable to preferred stockholders |
NonControllingInterestsAttributableToThirdPartyJointVentures
|
$375.00K | USD | Point-in-time |
| Non-controlling interests attributable to preferred stockholders |
NonControllingInterestsAttributableToThirdPartyJointVentures
|
$375.00K | USD | Point-in-time |
| Total Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$297.07M | USD | Point-in-time |
| Total Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$944.31M | USD | Point-in-time |
| Total Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$230.96M | USD | Point-in-time |
| Total Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$967.66M | USD | Point-in-time |
| Total Liabilities and Stockholders Equity |
LiabilitiesAndStockholdersEquity
|
$2.14B | USD | Point-in-time |
| Total Liabilities and Stockholders Equity |
LiabilitiesAndStockholdersEquity
|
$2.15B | USD | Point-in-time |
Income Statement
48 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Rental revenues |
OperatingLeasesIncomeStatementLeaseRevenue
|
$21.66M | USD | 1 Quarter |
| Rental revenues |
OperatingLeasesIncomeStatementLeaseRevenue
|
$30.47M | USD | 1 Quarter |
| Other revenues |
OtherIncome
|
$2.56M | USD | 1 Quarter |
| Other revenues |
OtherIncome
|
$1.89M | USD | 1 Quarter |
| Total revenues |
Revenues
|
$33.03M | USD | 1 Quarter |
| Total revenues |
Revenues
|
$23.55M | USD | 1 Quarter |
| Rental property operating |
DirectCostsOfLeasedAndRentedPropertyOrEquipment
|
$7.92M | USD | 1 Quarter |
| Rental property operating |
DirectCostsOfLeasedAndRentedPropertyOrEquipment
|
$11.73M | USD | 1 Quarter |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$1.99M | USD | 1 Quarter |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$2.32M | USD | 1 Quarter |
| Management fee |
ManagementFeeExpense
|
$1.20M | USD | 1 Quarter |
| Management fee |
ManagementFeeExpense
|
$3.68M | USD | 1 Quarter |
| Performance fee |
PerformanceFees1
|
$3.51M | USD | 1 Quarter |
| Performance fee |
PerformanceFees1
|
- | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$13.20M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$12.80M | USD | 1 Quarter |
| Total expenses |
CostsAndExpenses
|
$30.53M | USD | 1 Quarter |
| Total expenses |
CostsAndExpenses
|
$27.82M | USD | 1 Quarter |
| Income from real estate-related loans and securities |
InterestLoansRealEstate
|
$6.36M | USD | 1 Quarter |
| Income from real estate-related loans and securities |
InterestLoansRealEstate
|
$1.07M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$13.93M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$6.72M | USD | 1 Quarter |
| Realized (loss) gain on real estate investments, net |
RealizedInvestmentGainsLosses
|
$669.00K | USD | 1 Quarter |
| Realized (loss) gain on real estate investments, net |
RealizedInvestmentGainsLosses
|
$-135.00K | USD | 1 Quarter |
| Realized gain on financial instruments |
OtherNonoperatingIncomeExpense
|
- | USD | 1 Quarter |
| Realized gain on financial instruments |
OtherNonoperatingIncomeExpense
|
$102.00K | USD | 1 Quarter |
| Unrealized (loss) gain on investments, net |
UnrealizedGainLossOnInvestments
|
$-4.64M | USD | 1 Quarter |
| Unrealized (loss) gain on investments, net |
UnrealizedGainLossOnInvestments
|
$6.79M | USD | 1 Quarter |
| Total other (expense) income |
NonoperatingIncomeExpense
|
$1.81M | USD | 1 Quarter |
| Total other (expense) income |
NonoperatingIncomeExpense
|
$-12.24M | USD | 1 Quarter |
| Net loss |
ProfitLoss
|
$-2.46M | USD | 1 Quarter |
| Net loss |
ProfitLoss
|
$-9.74M | USD | 1 Quarter |
| Net loss (income) attributable to non-controlling interests in third party joint ventures |
NetIncomeLossAttributableToNoncontrollingInterestsJointVentures
|
$6.00K | USD | 1 Quarter |
| Net loss (income) attributable to non-controlling interests in third party joint ventures |
NetIncomeLossAttributableToNoncontrollingInterestsJointVentures
|
$-109.00K | USD | 1 Quarter |
| Net income attributable to non-controlling interests - preferred stockholders |
NetIncomeLossAttributableToNoncontrollingInterestsPreferredStockholders
|
- | USD | 1 Quarter |
| Net income attributable to non-controlling interests - preferred stockholders |
NetIncomeLossAttributableToNoncontrollingInterestsPreferredStockholders
|
- | USD | 1 Quarter |
| Net loss attributable to redeemable non-controlling interests |
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
$-8.00K | USD | 1 Quarter |
| Net loss attributable to redeemable non-controlling interests |
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
$-975.00K | USD | 1 Quarter |
| Net loss attributable to Brookfield REIT stockholders |
NetIncomeLoss
|
$-1.49M | USD | 1 Quarter |
| Net loss attributable to Brookfield REIT stockholders |
NetIncomeLoss
|
$-9.62M | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$-0.05 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$-0.10 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$-0.10 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$-0.05 | USD | 1 Quarter |
| Weighted average number of shares outstanding, basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
31.70M | shares | 1 Quarter |
| Weighted average number of shares outstanding, basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
94.01M | shares | 1 Quarter |
| Weighted average number of shares outstanding, diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
31.70M | shares | 1 Quarter |
| Weighted average number of shares outstanding, diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
94.01M | shares | 1 Quarter |
Cash Flow Statement
124 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss |
ProfitLoss
|
$-2.46M | USD | 1 Quarter |
| Net loss |
ProfitLoss
|
$-9.74M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$13.20M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$12.80M | USD | 1 Quarter |
| Management fees |
IncreaseDecreaseInManagementFees
|
$-3.68M | USD | 1 Quarter |
| Management fees |
IncreaseDecreaseInManagementFees
|
$-1.20M | USD | 1 Quarter |
| Performance fees |
IncreaseDecreaseInPerformanceFees
|
$-3.51M | USD | 1 Quarter |
| Performance fees |
IncreaseDecreaseInPerformanceFees
|
- | USD | 1 Quarter |
| Amortization of above and below market leases and lease inducements |
AmortizationOfAboveAndBelowMarketLeases1
|
$270.00K | USD | 1 Quarter |
| Amortization of above and below market leases and lease inducements |
AmortizationOfAboveAndBelowMarketLeases1
|
$269.00K | USD | 1 Quarter |
| Amortization of restricted stock grants |
AmortizationOfRestrictedStockGrants
|
$81.00K | USD | 1 Quarter |
| Amortization of restricted stock grants |
AmortizationOfRestrictedStockGrants
|
$81.00K | USD | 1 Quarter |
| Amortization of deferred financing costs |
OtherAmortizationOfDeferredCharges
|
$326.00K | USD | 1 Quarter |
| Amortization of deferred financing costs |
OtherAmortizationOfDeferredCharges
|
$526.00K | USD | 1 Quarter |
| Amortization of upfront derivative acquisition costs |
AmortizationOfUpfrontDerivativeAcquisitionCosts
|
- | USD | 1 Quarter |
| Amortization of upfront derivative acquisition costs |
AmortizationOfUpfrontDerivativeAcquisitionCosts
|
$340.00K | USD | 1 Quarter |
| Amortization of origination fees and discount |
AmortizationOfFinancingCostsAndDiscounts
|
$-27.00K | USD | 1 Quarter |
| Amortization of origination fees and discount |
AmortizationOfFinancingCostsAndDiscounts
|
$-46.00K | USD | 1 Quarter |
| Upfront derivative acquisition costs |
DerivativeAcquisitionCosts
|
- | USD | 1 Quarter |
| Upfront derivative acquisition costs |
DerivativeAcquisitionCosts
|
$8.49M | USD | 1 Quarter |
| Paid-in-kind interest |
PaidInKindInterestNet
|
$170.00K | USD | 1 Quarter |
| Paid-in-kind interest |
PaidInKindInterestNet
|
$-231.00K | USD | 1 Quarter |
| Realized loss (gain) on investments in real estate-related loans and securities |
RealizedInvestmentGainsLosses
|
$669.00K | USD | 1 Quarter |
| Realized loss (gain) on investments in real estate-related loans and securities |
RealizedInvestmentGainsLosses
|
$-135.00K | USD | 1 Quarter |
| Unrealized loss (gain) on investments |
UnrealizedGainLossOnInvestments
|
$-4.64M | USD | 1 Quarter |
| Unrealized loss (gain) on investments |
UnrealizedGainLossOnInvestments
|
$6.79M | USD | 1 Quarter |
| Distributions of earnings from unconsolidated entities |
EquityMethodInvestmentDividendsOrDistributions
|
- | USD | 1 Quarter |
| Distributions of earnings from unconsolidated entities |
EquityMethodInvestmentDividendsOrDistributions
|
$1.55M | USD | 1 Quarter |
| Increase in lease inducements and origination costs |
IncreaseDecreaseInOperatingLeaseLiability
|
$-200.00K | USD | 1 Quarter |
| Increase in lease inducements and origination costs |
IncreaseDecreaseInOperatingLeaseLiability
|
$-31.00K | USD | 1 Quarter |
| Decrease (increase) in other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$1.23M | USD | 1 Quarter |
| Decrease (increase) in other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$486.00K | USD | 1 Quarter |
| Increase in accounts and other receivables |
IncreaseDecreaseInAccountsAndOtherReceivables
|
$1.38M | USD | 1 Quarter |
| Increase in accounts and other receivables |
IncreaseDecreaseInAccountsAndOtherReceivables
|
$92.00K | USD | 1 Quarter |
| Increase in accounts payable, accrued expenses and other liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-2.43M | USD | 1 Quarter |
| Increase in accounts payable, accrued expenses and other liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$1.59M | USD | 1 Quarter |
| Increase in due to affiliates |
IncreaseDecreaseDueFromAffiliates
|
$-3.08M | USD | 1 Quarter |
| Increase in due to affiliates |
IncreaseDecreaseDueFromAffiliates
|
$-98.00K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$10.46M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$1.72M | USD | 1 Quarter |
| Acquisitions of real estate |
PaymentsToAcquireRealEstate
|
$1.68M | USD | 1 Quarter |
| Acquisitions of real estate |
PaymentsToAcquireRealEstate
|
$308.00M | USD | 1 Quarter |
| Purchase of real estate-related loans and securities |
PaymentstoAcquireRealEstateRelatedLoans
|
$35.46M | USD | 1 Quarter |
| Purchase of real estate-related loans and securities |
PaymentstoAcquireRealEstateRelatedLoans
|
- | USD | 1 Quarter |
| Proceeds from sale of real estate-related loans and securities |
ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans
|
$3.09M | USD | 1 Quarter |
| Proceeds from sale of real estate-related loans and securities |
ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans
|
$60.30M | USD | 1 Quarter |
| Proceeds from principal repayments of real estate-related loans and securities |
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
$3.13M | USD | 1 Quarter |
| Proceeds from principal repayments of real estate-related loans and securities |
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
$1.71M | USD | 1 Quarter |
| Payment of investment acquisition deposits |
PaymentsForOtherDeposits
|
- | USD | 1 Quarter |
| Payment of investment acquisition deposits |
PaymentsForOtherDeposits
|
$3.27M | USD | 1 Quarter |
| Capital improvements to real estate |
PaymentsForTenantImprovements
|
$1.61M | USD | 1 Quarter |
| Capital improvements to real estate |
PaymentsForTenantImprovements
|
$969.00K | USD | 1 Quarter |
| Proceeds from sale of preferred membership interests |
ProceedsFromSaleOfPreferredMembershipInterests
|
- | USD | 1 Quarter |
| Proceeds from sale of preferred membership interests |
ProceedsFromSaleOfPreferredMembershipInterests
|
$28.83M | USD | 1 Quarter |
| Purchase of trading securities |
PaymentsToAcquireTradingSecuritiesHeldforinvestment
|
$70.68M | USD | 1 Quarter |
| Purchase of trading securities |
PaymentsToAcquireTradingSecuritiesHeldforinvestment
|
- | USD | 1 Quarter |
| Proceeds from sale of trading securities |
ProceedsFromSaleOfTradingSecuritiesHeldforinvestment
|
$22.94M | USD | 1 Quarter |
| Proceeds from sale of trading securities |
ProceedsFromSaleOfTradingSecuritiesHeldforinvestment
|
- | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-23.06M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-278.62M | USD | 1 Quarter |
| Borrowings from mortgage loans and secured term loan |
ProceedsFromBorrowingsFromMortgageLoans
|
$584.96M | USD | 1 Quarter |
| Borrowings from mortgage loans and secured term loan |
ProceedsFromBorrowingsFromMortgageLoans
|
- | USD | 1 Quarter |
| Borrowings from secured credit facility |
ProceedsFromIssuanceOfSecuredDebt
|
- | USD | 1 Quarter |
| Borrowings from secured credit facility |
ProceedsFromIssuanceOfSecuredDebt
|
$105.26M | USD | 1 Quarter |
| Repayment of mortgage loans |
RepaymentOfMortgageLoans
|
$214.75M | USD | 1 Quarter |
| Repayment of mortgage loans |
RepaymentOfMortgageLoans
|
- | USD | 1 Quarter |
| Repayment of secured credit facility |
RepaymentsOfSecuredDebt
|
$256.86M | USD | 1 Quarter |
| Repayment of secured credit facility |
RepaymentsOfSecuredDebt
|
- | USD | 1 Quarter |
| Borrowings from affiliate line of credit |
ProceedsFromLinesOfCredit
|
$25.00M | USD | 1 Quarter |
| Borrowings from affiliate line of credit |
ProceedsFromLinesOfCredit
|
- | USD | 1 Quarter |
| Repayment of affiliate line of credit |
RepaymentsOfLinesOfCredit
|
$80.00M | USD | 1 Quarter |
| Repayment of affiliate line of credit |
RepaymentsOfLinesOfCredit
|
- | USD | 1 Quarter |
| Proceeds from issuance of OP units |
ProceedsFromIssuanceOfCommonLimitedPartnersUnits
|
$38.00M | USD | 1 Quarter |
| Proceeds from issuance of OP units |
ProceedsFromIssuanceOfCommonLimitedPartnersUnits
|
- | USD | 1 Quarter |
| Payment of deferred financing costs |
PaymentsOfFinancingCosts
|
$89.00K | USD | 1 Quarter |
| Payment of deferred financing costs |
PaymentsOfFinancingCosts
|
$3.31M | USD | 1 Quarter |
| Proceeds from issuance of common stock |
ProceedsFromIssuanceOfCommonStock
|
$30.30M | USD | 1 Quarter |
| Proceeds from issuance of common stock |
ProceedsFromIssuanceOfCommonStock
|
$72.47M | USD | 1 Quarter |
| Repurchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
$32.77M | USD | 1 Quarter |
| Repurchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
$8.49M | USD | 1 Quarter |
| Subscriptions received in advance |
SubscriptionsReceivedInAdvance
|
$13.55M | USD | 1 Quarter |
| Subscriptions received in advance |
SubscriptionsReceivedInAdvance
|
$43.22M | USD | 1 Quarter |
| Payment of organizational and offering costs |
PaymentsofOfferingCosts
|
$765.00K | USD | 1 Quarter |
| Payment of organizational and offering costs |
PaymentsofOfferingCosts
|
$1.72M | USD | 1 Quarter |
| Distributions to non-controlling interests |
PaymentsOfDividendsMinorityInterest
|
$151.00K | USD | 1 Quarter |
| Distributions to non-controlling interests |
PaymentsOfDividendsMinorityInterest
|
- | USD | 1 Quarter |
| Contributions from non-controlling interests |
ProceedsFromMinorityShareholders
|
$20.00K | USD | 1 Quarter |
| Contributions from non-controlling interests |
ProceedsFromMinorityShareholders
|
$17.00K | USD | 1 Quarter |
| Distributions |
PaymentsOfCapitalDistribution
|
$6.77M | USD | 1 Quarter |
| Distributions |
PaymentsOfCapitalDistribution
|
$1.58M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$303.02M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$2.51M | USD | 1 Quarter |
| Net change in cash and cash-equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$-18.82M | USD | 1 Quarter |
| Net change in cash and cash-equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$34.86M | USD | 1 Quarter |
| Cash and cash-equivalents and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$60.78M | USD | Point-in-time |
| Cash and cash-equivalents and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$80.00M | USD | Point-in-time |
| Cash and cash-equivalents and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$95.64M | USD | Point-in-time |
| Cash and cash-equivalents and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$61.18M | USD | Point-in-time |
| Cash and cash-equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$60.78M | USD | Point-in-time |
| Cash and cash-equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$80.00M | USD | Point-in-time |
| Cash and cash-equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$95.64M | USD | Point-in-time |
| Cash and cash-equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$61.18M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$45.98M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$37.11M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$61.82M | USD | Point-in-time |
| Restricted cash |
RestrictedCash
|
$18.18M | USD | Point-in-time |
| Restricted cash |
RestrictedCash
|
$49.66M | USD | Point-in-time |
| Restricted cash |
RestrictedCash
|
$24.07M | USD | Point-in-time |
| Total cash and cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$60.78M | USD | Point-in-time |
| Total cash and cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$80.00M | USD | Point-in-time |
| Total cash and cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$95.64M | USD | Point-in-time |
| Total cash and cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$61.18M | USD | Point-in-time |
| Interest paid |
InterestPaidNet
|
$13.29M | USD | 1 Quarter |
| Interest paid |
InterestPaidNet
|
$4.62M | USD | 1 Quarter |
| Accrued distributions |
AccruedDistributions
|
$97.00K | USD | 1 Quarter |
| Accrued distributions |
AccruedDistributions
|
$268.00K | USD | 1 Quarter |
| Accrued stockholder servicing fee due to affiliate |
AccruedStockholderServicingFee
|
$539.00K | USD | 1 Quarter |
| Accrued stockholder servicing fee due to affiliate |
AccruedStockholderServicingFee
|
$4.39M | USD | 1 Quarter |
| Accrued offering costs |
AccruedOfferingCosts
|
$917.00K | USD | 1 Quarter |
| Accrued offering costs |
AccruedOfferingCosts
|
$218.00K | USD | 1 Quarter |
| Accrued capital improvements |
AccruedBuildingImprovements
|
- | USD | 1 Quarter |
| Accrued capital improvements |
AccruedBuildingImprovements
|
$90.00K | USD | 1 Quarter |
| Accrued repurchases of common stock in accounts payable |
AccruedRepurchasesInAccountsPayable
|
$-974.00K | USD | 1 Quarter |
| Accrued repurchases of common stock in accounts payable |
AccruedRepurchasesInAccountsPayable
|
$11.90M | USD | 1 Quarter |
Stockholders Equity
26 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$297.07M | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$944.31M | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$230.96M | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$967.66M | USD | Point-in-time |
| Common stock issued |
StockIssuedDuringPeriodValueNewIssues
|
$48.76M | USD | 1 Quarter |
| Common stock issued |
StockIssuedDuringPeriodValueNewIssues
|
$97.70M | USD | 1 Quarter |
| Stock-based compensation |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$81.00K | USD | 1 Quarter |
| Stock-based compensation |
StockIssuedDuringPeriodValueShareBasedCompensation
|
- | USD | 1 Quarter |
| Distributions Reinvested |
DistributionsReinvested
|
$2.58M | USD | 1 Quarter |
| Distributions Reinvested |
DistributionsReinvested
|
$10.23M | USD | 1 Quarter |
| Contributions from non-controlling interests |
IncreasefromContributions
|
$26.00K | USD | 1 Quarter |
| Contributions from non-controlling interests |
IncreasefromContributions
|
$17.00K | USD | 1 Quarter |
| Distributions |
DecreaseFromDistributions
|
$4.95M | USD | 1 Quarter |
| Distributions |
DecreaseFromDistributions
|
$17.08M | USD | 1 Quarter |
| Common stock repurchased |
DecreaseFromRedemptions
|
$54.70M | USD | 1 Quarter |
| Common stock repurchased |
DecreaseFromRedemptions
|
$802.00K | USD | 1 Quarter |
| Offering costs |
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
$6.08M | USD | 1 Quarter |
| Offering costs |
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
$923.00K | USD | 1 Quarter |
| Net loss |
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
$-2.46M | USD | 1 Quarter |
| Net loss |
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
$-9.74M | USD | 1 Quarter |
| Allocation to redeemable non-controlling interests |
AllocationToRedeemableNonControllingInterests
|
$15.00K | USD | 1 Quarter |
| Allocation to redeemable non-controlling interests |
AllocationToRedeemableNonControllingInterests
|
$-19.90M | USD | 1 Quarter |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$297.07M | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$944.31M | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$230.96M | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$967.66M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.