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10-Q Filing

NETSTREIT CORP. CIK: 1798100 Q3 2020
Filing Information
Form Type 10-Q
Accession Number 0001798100-20-000008
Period End Date 20200930
Filing Date 20201030
Fiscal Year 2020
Fiscal Period Q3
XBRL Instance ntst-20200930_htm.xml
Filing Contents
Balance Sheet 60 line items
Line Item Tag Value Unit Period
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 400.00M shares Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 400.00M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 25.73M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 8.86M shares Point-in-time
Land Land $168.21M USD Point-in-time
Land Land $84.00M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 25.73M shares Point-in-time
Buildings and improvements InvestmentBuildingAndBuildingImprovements $140.06M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 8.86M shares Point-in-time
Buildings and improvements InvestmentBuildingAndBuildingImprovements $320.68M USD Point-in-time
Total real estate, at cost RealEstateInvestmentPropertyAtCost $488.90M USD Point-in-time
Total real estate, at cost RealEstateInvestmentPropertyAtCost $224.05M USD Point-in-time
Less accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $6.70M USD Point-in-time
Less accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $132.00K USD Point-in-time
Real estate held for investment, net RealEstateInvestmentPropertyNet $223.92M USD Point-in-time
Real estate held for investment, net RealEstateInvestmentPropertyNet $482.19M USD Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperation $8.53M USD Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperation $32.60M USD Point-in-time
Cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $169.32M USD Point-in-time
Cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $137.01M USD Point-in-time
Cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.95M USD Point-in-time
Cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.87M USD Point-in-time
Acquired lease intangible assets, net FiniteLivedIntangibleAssetsNet $28.85M USD Point-in-time
Acquired lease intangible assets, net FiniteLivedIntangibleAssetsNet $67.46M USD Point-in-time
Other assets, net OtherAssets $6.01M USD Point-in-time
Other assets, net OtherAssets $3.30M USD Point-in-time
Total assets Assets $433.92M USD Point-in-time
Total assets Assets $725.27M USD Point-in-time
Term loan, net SecuredDebt $173.91M USD Point-in-time
Term loan, net SecuredDebt $174.05M USD Point-in-time
Lease intangible liabilities, net BelowMarketLeaseNet $4.67M USD Point-in-time
Lease intangible liabilities, net BelowMarketLeaseNet $16.64M USD Point-in-time
Liabilities related to assets held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation $919.00K USD Point-in-time
Liabilities related to assets held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation $189.00K USD Point-in-time
Accounts payable, accrued expenses and other liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $2.72M USD Point-in-time
Accounts payable, accrued expenses and other liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $4.95M USD Point-in-time
Total liabilities Liabilities $181.49M USD Point-in-time
Total liabilities Liabilities $196.56M USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Common stock, $0.01 par value, 400,000,000 shares authorized; 25,734,474 and 8,860,760 shares issued and outstanding; as of September 30, 2020 and December 31, 2019, respectively CommonStockValue $257.00K USD Point-in-time
Common stock, $0.01 par value, 400,000,000 shares authorized; 25,734,474 and 8,860,760 shares issued and outstanding; as of September 30, 2020 and December 31, 2019, respectively CommonStockValue $89.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $164.42M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $452.91M USD Point-in-time
(Deficit)/Retained earnings RetainedEarningsAccumulatedDeficit $-5.98M USD Point-in-time
(Deficit)/Retained earnings RetainedEarningsAccumulatedDeficit $28.00K USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-110.00K USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax - USD Point-in-time
Total shareholders equity StockholdersEquity $447.07M USD Point-in-time
Total shareholders equity StockholdersEquity $164.53M USD Point-in-time
Noncontrolling interests MinorityInterest $81.63M USD Point-in-time
Noncontrolling interests MinorityInterest $87.90M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $305.13M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $305.54M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $252.43M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $528.71M USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $725.27M USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $433.92M USD Point-in-time
Income Statement 92 line items
Line Item Tag Value Unit Period
Rental revenue (including reimbursable) OperatingLeaseLeaseIncome $4.79M USD 1 Quarter
Rental revenue (including reimbursable) OperatingLeaseLeaseIncome $22.28M USD 3 Qtrs
Rental revenue (including reimbursable) OperatingLeaseLeaseIncome $9.65M USD 1 Quarter
Rental revenue (including reimbursable) OperatingLeaseLeaseIncome $16.20M USD 3 Qtrs
Property DirectCostsOfLeasedAndRentedPropertyOrEquipment $853.00K USD 3 Qtrs
Property DirectCostsOfLeasedAndRentedPropertyOrEquipment $293.00K USD 1 Quarter
Property DirectCostsOfLeasedAndRentedPropertyOrEquipment $1.34M USD 3 Qtrs
Property DirectCostsOfLeasedAndRentedPropertyOrEquipment $624.00K USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $2.92M USD 3 Qtrs
General and administrative GeneralAndAdministrativeExpense $4.11M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $956.00K USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $7.84M USD 3 Qtrs
Depreciation and amortization CostOfGoodsAndServicesSoldDepreciationAndAmortization $2.66M USD 1 Quarter
Depreciation and amortization CostOfGoodsAndServicesSoldDepreciationAndAmortization $10.15M USD 3 Qtrs
Depreciation and amortization CostOfGoodsAndServicesSoldDepreciationAndAmortization $8.06M USD 3 Qtrs
Depreciation and amortization CostOfGoodsAndServicesSoldDepreciationAndAmortization $4.69M USD 1 Quarter
Provisions for impairment AssetImpairmentCharges $6.27M USD 3 Qtrs
Provisions for impairment AssetImpairmentCharges $363.00K USD 1 Quarter
Provisions for impairment AssetImpairmentCharges $2.84M USD 1 Quarter
Provisions for impairment AssetImpairmentCharges $1.77M USD 3 Qtrs
Transaction costs TransactionCosts $3.00K USD 1 Quarter
Transaction costs TransactionCosts $1.24M USD 1 Quarter
Transaction costs TransactionCosts $2.97M USD 3 Qtrs
Transaction costs TransactionCosts $76.00K USD 3 Qtrs
Total operating expenses CostsAndExpenses $18.18M USD 3 Qtrs
Total operating expenses CostsAndExpenses $6.75M USD 1 Quarter
Total operating expenses CostsAndExpenses $11.03M USD 1 Quarter
Total operating expenses CostsAndExpenses $24.08M USD 3 Qtrs
Interest expense, net InterestExpense $2.45M USD 1 Quarter
Interest expense, net InterestExpense $3.81M USD 3 Qtrs
Interest expense, net InterestExpense $8.35M USD 3 Qtrs
Interest expense, net InterestExpense $1.02M USD 1 Quarter
Gain on sales of real estate GainsLossesOnSalesOfInvestmentRealEstate $5.77M USD 3 Qtrs
Gain on sales of real estate GainsLossesOnSalesOfInvestmentRealEstate $1.07M USD 3 Qtrs
Gain on sales of real estate GainsLossesOnSalesOfInvestmentRealEstate $1.67M USD 1 Quarter
Gain on sales of real estate GainsLossesOnSalesOfInvestmentRealEstate $54.00K USD 1 Quarter
Gain on forfeited earnest money deposit GainLossOnForfeitedEarnestMoneyDeposit - USD 1 Quarter
Gain on forfeited earnest money deposit GainLossOnForfeitedEarnestMoneyDeposit - USD 1 Quarter
Gain on forfeited earnest money deposit GainLossOnForfeitedEarnestMoneyDeposit - USD 3 Qtrs
Gain on forfeited earnest money deposit GainLossOnForfeitedEarnestMoneyDeposit $250.00K USD 3 Qtrs
Total other expense NonoperatingIncomeExpense $-2.58M USD 3 Qtrs
Total other expense NonoperatingIncomeExpense $-964.00K USD 1 Quarter
Total other expense NonoperatingIncomeExpense $-775.00K USD 1 Quarter
Total other expense NonoperatingIncomeExpense $-2.50M USD 3 Qtrs
Net loss ProfitLoss $-2.74M USD 1 Quarter
Net loss ProfitLoss $-3.08M USD 1 Quarter
Net loss ProfitLoss $-4.55M USD 3 Qtrs
Net loss ProfitLoss $-405.00K USD 1 Quarter
Net loss ProfitLoss $-4.30M USD 3 Qtrs
Net loss ProfitLoss $1.27M USD 1 Quarter
Net loss ProfitLoss $-1.55M USD 1 Quarter
Net loss ProfitLoss $-2.34M USD 1 Quarter
Net loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest - USD 3 Qtrs
Net loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-799.00K USD 3 Qtrs
Net loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest - USD 1 Quarter
Net loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-263.00K USD 1 Quarter
Net loss attributable to common shareholders NetIncomeLoss $-3.50M USD 3 Qtrs
Net loss attributable to common shareholders NetIncomeLoss $-2.08M USD 1 Quarter
Net loss attributable to common shareholders NetIncomeLoss $-2.74M USD 1 Quarter
Net loss attributable to common shareholders NetIncomeLoss $-4.55M USD 3 Qtrs
Cumulative preferred stock dividends and redemption premium PreferredStockDividendsAndOtherAdjustments - USD 1 Quarter
Cumulative preferred stock dividends and redemption premium PreferredStockDividendsAndOtherAdjustments $36.00K USD 1 Quarter
Cumulative preferred stock dividends and redemption premium PreferredStockDividendsAndOtherAdjustments - USD 3 Qtrs
Cumulative preferred stock dividends and redemption premium PreferredStockDividendsAndOtherAdjustments $42.00K USD 3 Qtrs
Net loss attributable to common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-2.74M USD 1 Quarter
Net loss attributable to common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-4.55M USD 3 Qtrs
Net loss attributable to common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-3.54M USD 3 Qtrs
Net loss attributable to common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-2.11M USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $-0.26 USD 3 Qtrs
Basic (in dollars per share) EarningsPerShareBasic $-0.11 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $-0.26 USD 3 Qtrs
Diluted (in dollars per share) EarningsPerShareDiluted $-0.11 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 13.77M shares 3 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 18.83M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 18.83M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 13.77M shares 3 Qtrs
Unrealized (loss) gain on derivatives, net OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-128.00K USD 1 Quarter
Unrealized (loss) gain on derivatives, net OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $55.00K USD 3 Qtrs
Unrealized (loss) gain on derivatives, net OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax - USD 1 Quarter
Unrealized (loss) gain on derivatives, net OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-128.00K USD 3 Qtrs
Total comprehensive loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-2.47M USD 1 Quarter
Total comprehensive loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-2.74M USD 1 Quarter
Total comprehensive loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-4.43M USD 3 Qtrs
Total comprehensive loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-4.50M USD 3 Qtrs
Comprehensive loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest - USD 3 Qtrs
Comprehensive loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-281.00K USD 1 Quarter
Comprehensive loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-817.00K USD 3 Qtrs
Comprehensive loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest - USD 1 Quarter
Comprehensive loss attributable to common shareholders ComprehensiveIncomeNetOfTax $-2.19M USD 1 Quarter
Comprehensive loss attributable to common shareholders ComprehensiveIncomeNetOfTax $-2.74M USD 1 Quarter
Comprehensive loss attributable to common shareholders ComprehensiveIncomeNetOfTax $-4.50M USD 3 Qtrs
Comprehensive loss attributable to common shareholders ComprehensiveIncomeNetOfTax $-3.61M USD 3 Qtrs
Cash Flow Statement 105 line items
Line Item Tag Value Unit Period
Net loss ProfitLoss $-2.74M USD 1 Quarter
Net loss ProfitLoss $-3.08M USD 1 Quarter
Net loss ProfitLoss $-4.55M USD 3 Qtrs
Net loss ProfitLoss $-405.00K USD 1 Quarter
Net loss ProfitLoss $-4.30M USD 3 Qtrs
Net loss ProfitLoss $1.27M USD 1 Quarter
Net loss ProfitLoss $-1.55M USD 1 Quarter
Net loss ProfitLoss $-2.34M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $10.15M USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $2.70M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $8.06M USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $4.70M USD 1 Quarter
Amortization of deferred financing costs AmortizationOfFinancingCosts $464.00K USD 3 Qtrs
Amortization of deferred financing costs AmortizationOfFinancingCosts $775.00K USD 3 Qtrs
Amortization of above/below-market assumed debt AmortizationOfAboveAndBelowMarketAssumedDebt - USD 3 Qtrs
Amortization of above/below-market assumed debt AmortizationOfAboveAndBelowMarketAssumedDebt $-13.00K USD 3 Qtrs
Noncash revenue adjustments OtherNoncashIncomeExpense $-1.17M USD 3 Qtrs
Noncash revenue adjustments OtherNoncashIncomeExpense $-1.08M USD 3 Qtrs
Stock-based compensation expense ShareBasedCompensation $1.75M USD 3 Qtrs
Stock-based compensation expense ShareBasedCompensation - USD 3 Qtrs
Gain on sale of real estate GainsLossesOnSalesOfInvestmentRealEstate $5.77M USD 3 Qtrs
Gain on sale of real estate GainsLossesOnSalesOfInvestmentRealEstate $1.07M USD 3 Qtrs
Gain on sale of real estate GainsLossesOnSalesOfInvestmentRealEstate $1.67M USD 1 Quarter
Gain on sale of real estate GainsLossesOnSalesOfInvestmentRealEstate $54.00K USD 1 Quarter
Gain on forfeited earnest money deposit GainLossOnForfeitedEarnestMoneyDeposit - USD 1 Quarter
Gain on forfeited earnest money deposit GainLossOnForfeitedEarnestMoneyDeposit - USD 1 Quarter
Gain on forfeited earnest money deposit GainLossOnForfeitedEarnestMoneyDeposit - USD 3 Qtrs
Gain on forfeited earnest money deposit GainLossOnForfeitedEarnestMoneyDeposit $250.00K USD 3 Qtrs
Provisions for impairment AssetImpairmentCharges $6.27M USD 3 Qtrs
Provisions for impairment AssetImpairmentCharges $363.00K USD 1 Quarter
Provisions for impairment AssetImpairmentCharges $2.84M USD 1 Quarter
Provisions for impairment AssetImpairmentCharges $1.77M USD 3 Qtrs
Other assets, net IncreaseDecreaseInOtherOperatingAssets $4.32M USD 3 Qtrs
Other assets, net IncreaseDecreaseInOtherOperatingAssets $-432.00K USD 3 Qtrs
Accounts payable, accrued expenses and other liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-1.08M USD 3 Qtrs
Accounts payable, accrued expenses and other liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $2.31M USD 3 Qtrs
Lessee improvement obligations IncreaseDecreaseInOperatingLeaseLiabilities $-1.89M USD 3 Qtrs
Lessee improvement obligations IncreaseDecreaseInOperatingLeaseLiabilities - USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $5.70M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $5.30M USD 3 Qtrs
Acquisitions of real estate PaymentsToAcquireRealEstateHeldForInvestment $327.34M USD 3 Qtrs
Acquisitions of real estate PaymentsToAcquireRealEstateHeldForInvestment $1.23M USD 3 Qtrs
Real estate improvements PaymentsToDevelopRealEstateAssetsAndConstructionInProcess $450.00K USD 3 Qtrs
Real estate improvements PaymentsToDevelopRealEstateAssetsAndConstructionInProcess $1.27M USD 3 Qtrs
Earnest money deposits PaymentsForDepositsOnRealEstateAcquisitions - USD 3 Qtrs
Earnest money deposits PaymentsForDepositsOnRealEstateAcquisitions $43.00K USD 3 Qtrs
Purchase of computer equipment PaymentsToAcquireOtherPropertyPlantAndEquipment $51.00K USD 3 Qtrs
Purchase of computer equipment PaymentsToAcquireOtherPropertyPlantAndEquipment - USD 3 Qtrs
Proceeds from sale of real estate held for investment ProceedsFromSaleOfRealEstateHeldforinvestment $11.78M USD 3 Qtrs
Proceeds from sale of real estate held for investment ProceedsFromSaleOfRealEstateHeldforinvestment $70.35M USD 3 Qtrs
Net cash (used in) provided by investing activities NetCashProvidedByUsedInInvestingActivities $-316.92M USD 3 Qtrs
Net cash (used in) provided by investing activities NetCashProvidedByUsedInInvestingActivities $68.67M USD 3 Qtrs
Issuance of common stock in initial public offering, net ProceedsFromIssuanceInitialPublicOffering $227.32M USD 3 Qtrs
Issuance of common stock in initial public offering, net ProceedsFromIssuanceInitialPublicOffering - USD 3 Qtrs
Issuance of common stock in initial public offering, net ProceedsFromIssuanceInitialPublicOffering $227.30M USD Point-in-time
Issuance of common stock in private offering, net ProceedsFromIssuanceOfPrivatePlacement $54.56M USD 3 Qtrs
Issuance of common stock in private offering, net ProceedsFromIssuanceOfPrivatePlacement - USD 3 Qtrs
Issuance of preferred stock, net ProceedsFromIssuanceOfPreferredStockAndPreferenceStock $104.00K USD 3 Qtrs
Issuance of preferred stock, net ProceedsFromIssuanceOfPreferredStockAndPreferenceStock - USD 3 Qtrs
Payment of preferred stock dividends PaymentsOfDividendsPreferredStockAndPreferenceStock - USD 3 Qtrs
Payment of preferred stock dividends PaymentsOfDividendsPreferredStockAndPreferenceStock $8.00K USD 3 Qtrs
Payment of common stock dividends PaymentsOfDividendsCommonStock $2.43M USD 3 Qtrs
Payment of common stock dividends PaymentsOfDividendsCommonStock - USD 3 Qtrs
Payment of OP unit distributions PaymentsOfDividendsMinorityInterest - USD 3 Qtrs
Payment of OP unit distributions PaymentsOfDividendsMinorityInterest $419.00K USD 3 Qtrs
Redemption of preferred stock, net ProceedsFromRepurchaseOfRedeemablePreferredStock - USD 3 Qtrs
Redemption of preferred stock, net ProceedsFromRepurchaseOfRedeemablePreferredStock $-138.00K USD 3 Qtrs
Proceeds from term loans ProceedsFromIssuanceOfSecuredDebt - USD 3 Qtrs
Proceeds from term loans ProceedsFromIssuanceOfSecuredDebt $708.00K USD 3 Qtrs
Principal payments on term loans RepaymentsOfSecuredDebt - USD 3 Qtrs
Principal payments on term loans RepaymentsOfSecuredDebt $53.81M USD 3 Qtrs
Principal payments on mortgages payable RepaymentsOfOtherLongTermDebt - USD 3 Qtrs
Principal payments on mortgages payable RepaymentsOfOtherLongTermDebt $14.76M USD 3 Qtrs
Proceeds under revolving credit facility ProceedsFromLinesOfCredit $50.00M USD 3 Qtrs
Proceeds under revolving credit facility ProceedsFromLinesOfCredit - USD 3 Qtrs
Repayments under revolving credit facility RepaymentsOfLinesOfCredit $50.00M USD 3 Qtrs
Repayments under revolving credit facility RepaymentsOfLinesOfCredit - USD 3 Qtrs
Deferred financing costs PaymentsOfDebtIssuanceCosts $199.00K USD 3 Qtrs
Deferred financing costs PaymentsOfDebtIssuanceCosts $75.00K USD 3 Qtrs
Partners contributions ProceedsFromPartnershipContribution $537.00K USD 3 Qtrs
Partners contributions ProceedsFromPartnershipContribution - USD 3 Qtrs
Partners distributions DistributionMadeToLimitedPartnerCashDistributionsPaid - USD 3 Qtrs
Partners distributions DistributionMadeToLimitedPartnerCashDistributionsPaid $5.53M USD 3 Qtrs
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $278.91M USD 3 Qtrs
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-73.05M USD 3 Qtrs
Net change in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $922.00K USD 3 Qtrs
Net change in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-32.31M USD 3 Qtrs
Cash, cash equivalents and restricted cash at beginning of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $169.32M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $137.01M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.95M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.87M USD Point-in-time
Cash, cash equivalents and restricted cash at end of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $169.32M USD Point-in-time
Cash, cash equivalents and restricted cash at end of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $137.01M USD Point-in-time
Cash, cash equivalents and restricted cash at end of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.95M USD Point-in-time
Cash, cash equivalents and restricted cash at end of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.87M USD Point-in-time
Cash paid for interest InterestPaidNet $3.48M USD 3 Qtrs
Cash paid for interest InterestPaidNet $7.56M USD 3 Qtrs
Redemption of OP units and issuance of common stock upon initial public offering StockIssued1 - USD 3 Qtrs
Redemption of OP units and issuance of common stock upon initial public offering StockIssued1 $5.03M USD 3 Qtrs
Reclassification of deferred offering expenses to additional paid-in capital upon initial public offering NoncashInvestingAndFinancingActivitiesReclassificationToAdditionalPaidInCapital $4.17M USD 3 Qtrs
Reclassification of deferred offering expenses to additional paid-in capital upon initial public offering NoncashInvestingAndFinancingActivitiesReclassificationToAdditionalPaidInCapital - USD 3 Qtrs
Dividends declared on restricted stock DividendsPayableCurrentAndNoncurrent $41.00K USD Point-in-time
Dividends declared on restricted stock DividendsPayableCurrentAndNoncurrent - USD Point-in-time
Cash flow hedge change in fair value NoncashInvestingAndFinancingActivitiesUnrealizedGainLossOnDerivatives $-128.00K USD 3 Qtrs
Cash flow hedge change in fair value NoncashInvestingAndFinancingActivitiesUnrealizedGainLossOnDerivatives - USD 3 Qtrs
Stockholders Equity 57 line items
Line Item Tag Value Unit Period
Beginning balance PartnersCapital $76.00M USD Point-in-time
Beginning balance PartnersCapital $73.26M USD Point-in-time
Beginning balance PartnersCapital $76.63M USD Point-in-time
Beginning balance PartnersCapital $82.75M USD Point-in-time
Partners contribution PartnersCapitalAccountContributions - USD 1 Quarter
Partners contribution PartnersCapitalAccountContributions - USD 1 Quarter
Partners contribution PartnersCapitalAccountContributions $537.00K USD 1 Quarter
Partners distribution PartnersCapitalAccountDistributions - USD 1 Quarter
Partners distribution PartnersCapitalAccountDistributions $1.93M USD 1 Quarter
Partners distribution PartnersCapitalAccountDistributions $3.60M USD 1 Quarter
Net income (loss) ProfitLoss $-2.74M USD 1 Quarter
Net income (loss) ProfitLoss $-3.08M USD 1 Quarter
Net income (loss) ProfitLoss $-4.55M USD 3 Qtrs
Net income (loss) ProfitLoss $-405.00K USD 1 Quarter
Net income (loss) ProfitLoss $-4.30M USD 3 Qtrs
Net income (loss) ProfitLoss $1.27M USD 1 Quarter
Net income (loss) ProfitLoss $-1.55M USD 1 Quarter
Net income (loss) ProfitLoss $-2.34M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $31.00K USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-128.00K USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax - USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $24.00K USD 1 Quarter
Ending balance PartnersCapital $76.00M USD Point-in-time
Ending balance PartnersCapital $73.26M USD Point-in-time
Ending balance PartnersCapital $76.63M USD Point-in-time
Ending balance PartnersCapital $82.75M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $305.13M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $305.54M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $252.43M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $528.71M USD Point-in-time
Issuance of stock StockIssuedDuringPeriodValueNewIssues $246.27M USD 1 Quarter
Offering and related costs of preferred stock PreferredStockStockIssuedIssuanceCosts $21.00K USD 1 Quarter
Offering and related costs of common stock AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts $18.95M USD 1 Quarter
Offering and related costs of common stock AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts $3.44M USD 1 Quarter
Dividends declared and paid on preferred stock DividendsPreferredStock $6.00K USD 1 Quarter
Dividends declared and paid on preferred stock DividendsPreferredStock $2.00K USD 1 Quarter
Dividends and distributions declared on common stock and OP units DividendsCommonStockAndOPUnits $2.85M USD 1 Quarter
Dividends declared on restricted stock DividendsShareBasedCompensationCash $41.00K USD 1 Quarter
Redemption of preferred stock upon initial public offering StockRedeemedOrCalledDuringPeriodValue $138.00K USD 1 Quarter
Redemption of OP Units and issuance of common stock in initial public offering MinorityInterestDecreaseFromRedemptions - USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.75M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $31.00K USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-128.00K USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax - USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $24.00K USD 1 Quarter
Net income (loss) ProfitLoss $-2.74M USD 1 Quarter
Net income (loss) ProfitLoss $-3.08M USD 1 Quarter
Net income (loss) ProfitLoss $-4.55M USD 3 Qtrs
Net income (loss) ProfitLoss $-405.00K USD 1 Quarter
Net income (loss) ProfitLoss $-4.30M USD 3 Qtrs
Net income (loss) ProfitLoss $1.27M USD 1 Quarter
Net income (loss) ProfitLoss $-1.55M USD 1 Quarter
Net income (loss) ProfitLoss $-2.34M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $305.13M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $305.54M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $252.43M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $528.71M USD Point-in-time

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

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