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10-Q Filing

NETSTREIT CORP. CIK: 1798100 Q3 2021
Filing Information
Form Type 10-Q
Accession Number 0001798100-21-000065
Period End Date 20210930
Filing Date 20211028
Fiscal Year 2021
Fiscal Period Q3
XBRL Instance ntst-20210930_htm.xml
Filing Contents
Balance Sheet 68 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
Land Land $257.03M 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
Land Land $189.37M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 39.62M shares Point-in-time
Buildings and improvements InvestmentBuildingAndBuildingImprovements $533.93M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 28.20M shares Point-in-time
Buildings and improvements InvestmentBuildingAndBuildingImprovements $358.36M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 28.20M shares Point-in-time
Total real estate, at cost RealEstateInvestmentPropertyAtCostExcludingPropertyUnderDevelopment $790.96M USD Point-in-time
Total real estate, at cost RealEstateInvestmentPropertyAtCostExcludingPropertyUnderDevelopment $547.73M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 39.62M shares Point-in-time
Less accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $24.18M USD Point-in-time
Less accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $10.11M USD Point-in-time
Property under development DevelopmentInProcess - USD Point-in-time
Property under development DevelopmentInProcess $9.47M USD Point-in-time
Real estate held for investment, net RealEstateInvestmentPropertyNet $537.62M USD Point-in-time
Real estate held for investment, net RealEstateInvestmentPropertyNet $776.25M USD Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperation $138.00K USD Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperation $14.80M USD Point-in-time
Cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $137.01M USD Point-in-time
Cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $27.64M USD Point-in-time
Cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $169.32M USD Point-in-time
Cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $92.64M USD Point-in-time
Lease intangible assets, net FiniteLivedIntangibleAssetsNet $109.40M USD Point-in-time
Lease intangible assets, net FiniteLivedIntangibleAssetsNet $75.02M USD Point-in-time
Other assets, net OtherAssets $14.07M USD Point-in-time
Other assets, net OtherAssets $5.72M USD Point-in-time
Total assets Assets $725.82M USD Point-in-time
Total assets Assets $927.50M USD Point-in-time
Term loan, net SecuredDebt $174.10M USD Point-in-time
Term loan, net SecuredDebt $174.27M USD Point-in-time
Revolving credit facility LineOfCredit $17.00M USD Point-in-time
Revolving credit facility LineOfCredit - USD Point-in-time
Lease intangible liabilities, net BelowMarketLeaseNet $16.93M USD Point-in-time
Lease intangible liabilities, net BelowMarketLeaseNet $22.15M USD Point-in-time
Liabilities related to assets held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation - USD Point-in-time
Liabilities related to assets held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation $399.00K USD Point-in-time
Accounts payable, accrued expenses and other liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $6.31M USD Point-in-time
Accounts payable, accrued expenses and other liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $9.16M USD Point-in-time
Total liabilities Liabilities $222.58M USD Point-in-time
Total liabilities Liabilities $197.74M 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; 39,617,805 and 28,203,545 shares issued and outstanding, respectively CommonStockValue $396.00K USD Point-in-time
Common stock, $0.01 par value, 400,000,000 shares authorized; 39,617,805 and 28,203,545 shares issued and outstanding, respectively CommonStockValue $282.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $706.31M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $501.05M USD Point-in-time
Distributions in excess of retained earnings RetainedEarningsAccumulatedDeficit $-28.33M USD Point-in-time
Distributions in excess of retained earnings RetainedEarningsAccumulatedDeficit $-7.46M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $235.00K USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $2.19M USD Point-in-time
Total stockholders equity StockholdersEquity $680.57M USD Point-in-time
Total stockholders equity StockholdersEquity $494.10M USD Point-in-time
Noncontrolling interests MinorityInterest $33.98M USD Point-in-time
Noncontrolling interests MinorityInterest $24.35M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $528.71M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $252.43M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $305.54M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $525.48M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $709.48M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $305.13M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $528.07M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $704.92M USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $725.82M USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $927.50M USD Point-in-time
Income Statement 104 line items
Line Item Tag Value Unit Period
Rental revenue (including reimbursable) OperatingLeaseLeaseIncome $41.33M USD 3 Qtrs
Rental revenue (including reimbursable) OperatingLeaseLeaseIncome $15.60M USD 1 Quarter
Rental revenue (including reimbursable) OperatingLeaseLeaseIncome $22.28M USD 3 Qtrs
Rental revenue (including reimbursable) OperatingLeaseLeaseIncome $9.65M USD 1 Quarter
Property DirectCostsOfLeasedAndRentedPropertyOrEquipment $624.00K USD 1 Quarter
Property DirectCostsOfLeasedAndRentedPropertyOrEquipment $4.00M USD 3 Qtrs
Property DirectCostsOfLeasedAndRentedPropertyOrEquipment $1.34M USD 3 Qtrs
Property DirectCostsOfLeasedAndRentedPropertyOrEquipment $1.74M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $10.90M USD 3 Qtrs
General and administrative GeneralAndAdministrativeExpense $3.78M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $7.84M USD 3 Qtrs
General and administrative GeneralAndAdministrativeExpense $4.11M USD 1 Quarter
Depreciation and amortization CostOfGoodsAndServicesSoldDepreciationAndAmortization $8.07M USD 1 Quarter
Depreciation and amortization CostOfGoodsAndServicesSoldDepreciationAndAmortization $10.15M USD 3 Qtrs
Depreciation and amortization CostOfGoodsAndServicesSoldDepreciationAndAmortization $21.08M USD 3 Qtrs
Depreciation and amortization CostOfGoodsAndServicesSoldDepreciationAndAmortization $4.69M USD 1 Quarter
Provisions for impairment AssetImpairmentCharges - USD 1 Quarter
Provisions for impairment AssetImpairmentCharges $363.00K USD 1 Quarter
Provisions for impairment AssetImpairmentCharges $1.77M USD 3 Qtrs
Provisions for impairment AssetImpairmentCharges $3.54M USD 3 Qtrs
Transaction costs TransactionCosts $464.00K USD 3 Qtrs
Transaction costs TransactionCosts $132.00K USD 1 Quarter
Transaction costs TransactionCosts $2.97M USD 3 Qtrs
Transaction costs TransactionCosts $1.24M USD 1 Quarter
Total operating expenses CostsAndExpenses $39.99M USD 3 Qtrs
Total operating expenses CostsAndExpenses $11.03M USD 1 Quarter
Total operating expenses CostsAndExpenses $24.08M USD 3 Qtrs
Total operating expenses CostsAndExpenses $13.72M USD 1 Quarter
Interest expense, net InterestExpense $3.81M USD 3 Qtrs
Interest expense, net InterestExpense $895.00K USD 1 Quarter
Interest expense, net InterestExpense $1.02M USD 1 Quarter
Interest expense, net InterestExpense $2.69M USD 3 Qtrs
Gain on sales of real estate, net GainsLossesOnSalesOfInvestmentRealEstate $1.07M USD 3 Qtrs
Gain on sales of real estate, net GainsLossesOnSalesOfInvestmentRealEstate $2.45M USD 3 Qtrs
Gain on sales of real estate, net GainsLossesOnSalesOfInvestmentRealEstate $1.96M USD 1 Quarter
Gain on sales of real estate, net GainsLossesOnSalesOfInvestmentRealEstate $54.00K 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
Gain on forfeited earnest money deposit GainLossOnForfeitedEarnestMoneyDeposit - USD 1 Quarter
Total other income (expense), net NonoperatingIncomeExpense $-2.50M USD 3 Qtrs
Total other income (expense), net NonoperatingIncomeExpense $-241.00K USD 3 Qtrs
Total other income (expense), net NonoperatingIncomeExpense $-964.00K USD 1 Quarter
Total other income (expense), net NonoperatingIncomeExpense $1.06M USD 1 Quarter
Net income (loss) before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.10M USD 3 Qtrs
Net income (loss) before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $2.94M USD 1 Quarter
Net income (loss) before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-2.34M USD 1 Quarter
Net income (loss) before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-4.30M USD 3 Qtrs
Income tax expense IncomeTaxExpenseBenefit $50.00K USD 3 Qtrs
Income tax expense IncomeTaxExpenseBenefit - USD 3 Qtrs
Income tax expense IncomeTaxExpenseBenefit - USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit - USD 1 Quarter
Net income (loss) ProfitLoss $-405.00K USD 1 Quarter
Net income (loss) ProfitLoss $-4.30M USD 3 Qtrs
Net income (loss) ProfitLoss $-2.34M USD 1 Quarter
Net income (loss) ProfitLoss $2.94M USD 1 Quarter
Net income (loss) ProfitLoss $741.00K USD 1 Quarter
Net income (loss) ProfitLoss $-1.55M USD 1 Quarter
Net income (loss) ProfitLoss $-2.63M USD 1 Quarter
Net income (loss) ProfitLoss $1.05M USD 3 Qtrs
Net income (loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $42.00K USD 3 Qtrs
Net income (loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-263.00K USD 1 Quarter
Net income (loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-799.00K USD 3 Qtrs
Net income (loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $96.00K USD 1 Quarter
Preferred stock dividends PreferredStockDividendsAndOtherAdjustments $36.00K USD 1 Quarter
Preferred stock dividends PreferredStockDividendsAndOtherAdjustments - USD 1 Quarter
Preferred stock dividends PreferredStockDividendsAndOtherAdjustments - USD 3 Qtrs
Preferred stock dividends PreferredStockDividendsAndOtherAdjustments $42.00K USD 3 Qtrs
Net income (loss) attributable to common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-2.11M USD 1 Quarter
Net income (loss) attributable to common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $2.85M USD 1 Quarter
Net income (loss) attributable to common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $-3.54M USD 3 Qtrs
Net income (loss) attributable to common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $1.01M USD 3 Qtrs
Basic (in dollars per share) EarningsPerShareBasic $-0.11 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $-0.26 USD 3 Qtrs
Basic (in dollars per share) EarningsPerShareBasic $0.03 USD 3 Qtrs
Basic (in dollars per share) EarningsPerShareBasic $0.07 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $-0.11 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.07 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.03 USD 3 Qtrs
Diluted (in dollars per share) EarningsPerShareDiluted $-0.26 USD 3 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 13.77M shares 3 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 18.83M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 35.36M shares 3 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 39.56M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 37.11M shares 3 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 41.33M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 13.77M shares 3 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 18.83M shares 1 Quarter
Change in value on derivatives, net OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-128.00K USD 1 Quarter
Change in value on derivatives, net OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-128.00K USD 3 Qtrs
Change in value on derivatives, net OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $2.06M USD 3 Qtrs
Change in value on derivatives, net OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $5.00K USD 1 Quarter
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-2.47M USD 1 Quarter
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $2.95M USD 1 Quarter
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-4.43M USD 3 Qtrs
Total comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $3.12M USD 3 Qtrs
Comprehensive income (loss) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $95.00K USD 1 Quarter
Comprehensive income (loss) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-281.00K USD 1 Quarter
Comprehensive income (loss) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $153.00K USD 3 Qtrs
Comprehensive income (loss) attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-817.00K USD 3 Qtrs
Comprehensive income (loss) attributable to common shareholders ComprehensiveIncomeNetOfTax $-3.61M USD 3 Qtrs
Comprehensive income (loss) attributable to common shareholders ComprehensiveIncomeNetOfTax $2.85M USD 1 Quarter
Comprehensive income (loss) attributable to common shareholders ComprehensiveIncomeNetOfTax $-2.19M USD 1 Quarter
Comprehensive income (loss) attributable to common shareholders ComprehensiveIncomeNetOfTax $2.96M USD 3 Qtrs
Cash Flow Statement 111 line items
Line Item Tag Value Unit Period
Net income (loss) ProfitLoss $-405.00K USD 1 Quarter
Net income (loss) ProfitLoss $-4.30M USD 3 Qtrs
Net income (loss) ProfitLoss $-2.34M USD 1 Quarter
Net income (loss) ProfitLoss $2.94M USD 1 Quarter
Net income (loss) ProfitLoss $741.00K USD 1 Quarter
Net income (loss) ProfitLoss $-1.55M USD 1 Quarter
Net income (loss) ProfitLoss $-2.63M USD 1 Quarter
Net income (loss) ProfitLoss $1.05M USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $8.10M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $4.70M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $21.08M USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $10.15M USD 3 Qtrs
Amortization of deferred financing costs AmortizationOfFinancingCosts $464.00K USD 3 Qtrs
Amortization of deferred financing costs AmortizationOfFinancingCosts $471.00K USD 3 Qtrs
Noncash revenue adjustments OtherNoncashIncomeExpense $1.29M 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 $2.62M USD 3 Qtrs
Gain on sale of real estate, net GainsLossesOnSalesOfInvestmentRealEstate $1.07M USD 3 Qtrs
Gain on sale of real estate, net GainsLossesOnSalesOfInvestmentRealEstate $2.45M USD 3 Qtrs
Gain on sale of real estate, net GainsLossesOnSalesOfInvestmentRealEstate $1.96M USD 1 Quarter
Gain on sale of real estate, net GainsLossesOnSalesOfInvestmentRealEstate $54.00K 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
Gain on forfeited earnest money deposit GainLossOnForfeitedEarnestMoneyDeposit - USD 1 Quarter
Provisions for impairment AssetImpairmentCharges - USD 1 Quarter
Provisions for impairment AssetImpairmentCharges $363.00K USD 1 Quarter
Provisions for impairment AssetImpairmentCharges $1.77M USD 3 Qtrs
Provisions for impairment AssetImpairmentCharges $3.54M USD 3 Qtrs
Other assets, net IncreaseDecreaseInOtherOperatingAssets $4.32M USD 3 Qtrs
Other assets, net IncreaseDecreaseInOtherOperatingAssets $3.88M USD 3 Qtrs
Accounts payable, accrued expenses and other liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $2.06M USD 3 Qtrs
Accounts payable, accrued expenses and other liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $2.31M USD 3 Qtrs
Lessee improvement obligations IncreaseDecreaseInOperatingLeaseLiabilities $-1.00K USD 3 Qtrs
Lessee improvement obligations IncreaseDecreaseInOperatingLeaseLiabilities $-1.89M USD 3 Qtrs
Lease incentive payments PaymentsForLeaseIncentives $4.00M USD 3 Qtrs
Lease incentive payments PaymentsForLeaseIncentives - USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $19.21M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $5.70M USD 3 Qtrs
Acquisitions of real estate PaymentsToAcquireRealEstateHeldForInvestment $327.34M USD 3 Qtrs
Acquisitions of real estate PaymentsToAcquireRealEstateHeldForInvestment $292.05M USD 3 Qtrs
Real estate development and improvements PaymentsToAcquireAndDevelopRealEstate $1.27M USD 3 Qtrs
Real estate development and improvements PaymentsToAcquireAndDevelopRealEstate $9.51M USD 3 Qtrs
Earnest money deposits PaymentsForProceedsFromDepositsOnRealEstateAcquisitions $43.00K USD 3 Qtrs
Earnest money deposits PaymentsForProceedsFromDepositsOnRealEstateAcquisitions $789.00K USD 3 Qtrs
Purchase of computer equipment and other corporate assets PaymentsToAcquireOtherPropertyPlantAndEquipment $51.00K USD 3 Qtrs
Purchase of computer equipment and other corporate assets PaymentsToAcquireOtherPropertyPlantAndEquipment $52.00K USD 3 Qtrs
Proceeds from sale of real estate ProceedsFromSaleOfRealEstateHeldforinvestment $30.44M USD 3 Qtrs
Proceeds from sale of real estate ProceedsFromSaleOfRealEstateHeldforinvestment $11.78M USD 3 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-316.92M USD 3 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-271.96M 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 public offering, net ProceedsFromIssuanceOfCommonStock $194.16M USD 3 Qtrs
Issuance of common stock in public offering, net ProceedsFromIssuanceOfCommonStock - USD 3 Qtrs
Issuance of common stock in private offering, net ProceedsFromIssuanceOfPrivatePlacement - USD 3 Qtrs
Issuance of common stock in private offering, net ProceedsFromIssuanceOfPrivatePlacement $54.56M 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 $8.00K USD 3 Qtrs
Payment of preferred stock dividends PaymentsOfDividendsPreferredStockAndPreferenceStock - USD 3 Qtrs
Payment of common stock dividends PaymentsOfDividendsCommonStock $2.43M USD 3 Qtrs
Payment of common stock dividends PaymentsOfDividendsCommonStock $21.49M USD 3 Qtrs
Payment of OP unit distributions PaymentsOfDividendsMinorityInterest $419.00K USD 3 Qtrs
Payment of OP unit distributions PaymentsOfDividendsMinorityInterest $859.00K USD 3 Qtrs
Redemption of preferred stock PaymentsForRepurchaseOfRedeemablePreferredStock - USD 3 Qtrs
Redemption of preferred stock PaymentsForRepurchaseOfRedeemablePreferredStock $138.00K USD 3 Qtrs
Payment of restricted stock dividends PaymentsOfRestrictedStockDividends $29.00K USD 3 Qtrs
Payment of restricted stock dividends PaymentsOfRestrictedStockDividends - USD 3 Qtrs
Proceeds under revolving credit facility ProceedsFromLinesOfCredit $30.00M USD 3 Qtrs
Proceeds under revolving credit facility ProceedsFromLinesOfCredit $50.00M USD 3 Qtrs
Repayments under revolving credit facility RepaymentsOfLinesOfCredit $13.00M USD 3 Qtrs
Repayments under revolving credit facility RepaymentsOfLinesOfCredit $50.00M USD 3 Qtrs
Repurchase of common stock for tax withholding obligations PaymentsForRepurchaseOfCommonStock - USD 3 Qtrs
Repurchase of common stock for tax withholding obligations PaymentsForRepurchaseOfCommonStock $318.00K USD 3 Qtrs
Deferred offering costs PaymentsOfStockIssuanceCosts $704.00K USD 3 Qtrs
Deferred offering costs PaymentsOfStockIssuanceCosts - USD 3 Qtrs
Deferred financing costs PaymentsOfDebtIssuanceCosts $75.00K USD 3 Qtrs
Deferred financing costs PaymentsOfDebtIssuanceCosts - USD 3 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $278.91M USD 3 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $187.76M USD 3 Qtrs
Net change in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-32.31M USD 3 Qtrs
Net change in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-65.00M USD 3 Qtrs
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 $27.64M USD Point-in-time
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 $92.64M 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 $27.64M 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 $92.64M USD Point-in-time
Cash paid for interest InterestPaidNet $3.48M USD 3 Qtrs
Cash paid for interest InterestPaidNet $2.12M 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
OP units converted into common stock NoncashInvestingAndFinancingActivitiesOPUnitsConvertedIntoCommonStock $8.91M USD 3 Qtrs
OP units converted into common stock NoncashInvestingAndFinancingActivitiesOPUnitsConvertedIntoCommonStock - USD 3 Qtrs
Dividends declared and unpaid on restricted stock DividendsPayableCurrentAndNoncurrent $41.00K USD Point-in-time
Dividends declared and unpaid on restricted stock DividendsPayableCurrentAndNoncurrent $382.00K USD Point-in-time
Deferred offering costs included in accounts payable, accrued expenses and other liabilities DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction $88.00K USD 3 Qtrs
Deferred offering costs included in accounts payable, accrued expenses and other liabilities DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction - USD 3 Qtrs
Cash flow hedge change in fair value NoncashInvestingAndFinancingActivitiesUnrealizedGainLossOnDerivatives $128.00K USD 3 Qtrs
Cash flow hedge change in fair value NoncashInvestingAndFinancingActivitiesUnrealizedGainLossOnDerivatives $2.06M USD 3 Qtrs
Involuntary conversion of building and improvements and change in related insurance proceeds receivable ConversionOfBuildingAndImprovementsAndChangeInInsuranceProceedsReceivable $490.00K USD 3 Qtrs
Involuntary conversion of building and improvements and change in related insurance proceeds receivable ConversionOfBuildingAndImprovementsAndChangeInInsuranceProceedsReceivable - USD 3 Qtrs
Accrued construction and development costs ConstructionInProgressExpendituresIncurredButNotYetPaid $345.00K USD 3 Qtrs
Accrued construction and development costs ConstructionInProgressExpendituresIncurredButNotYetPaid - USD 3 Qtrs
Stockholders Equity 48 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $528.71M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $252.43M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $305.54M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $525.48M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $709.48M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $305.13M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $528.07M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $704.92M USD Point-in-time
Offering and related costs of preferred stock PreferredStockStockIssuedIssuanceCosts $21.00K USD 1 Quarter
Offering and related costs of common stock AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts $9.42M USD 1 Quarter
Offering and related costs of common stock AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts $18.95M USD 1 Quarter
Dividends and distributions declared on common stock and OP Units DividendsCommonStockAndOPUnits $8.18M USD 1 Quarter
Dividends and distributions declared on common stock and OP Units DividendsCommonStockAndOPUnits $8.18M USD 1 Quarter
Dividends and distributions declared on common stock and OP Units DividendsCommonStockAndOPUnits $2.85M USD 1 Quarter
Dividends and distributions declared on common stock and OP Units DividendsCommonStockAndOPUnits $5.99M USD 1 Quarter
Dividends declared on restricted stock DividendsShareBasedCompensationCash $132.00K USD 1 Quarter
Dividends declared on restricted stock DividendsShareBasedCompensationCash $41.00K USD 1 Quarter
Dividends declared on restricted stock DividendsShareBasedCompensationCash $125.00K USD 1 Quarter
Dividends declared on restricted stock DividendsShareBasedCompensationCash $132.00K USD 1 Quarter
Redemption of preferred stock upon initial public offering StockRedeemedOrCalledDuringPeriodValue $138.00K USD 1 Quarter
Repurchase of common stock for tax withholding obligations AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $229.00K USD 1 Quarter
Repurchase of common stock for tax withholding obligations AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $90.00K USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $557.00K USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.75M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.03M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.04M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $-128.00K USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $5.00K USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $2.32M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $-265.00K USD 1 Quarter
Dividends declared on preferred stock DividendsPreferredStock $6.00K USD 1 Quarter
Dividends declared on preferred stock DividendsPreferredStock $2.00K USD 1 Quarter
Net income (loss) ProfitLoss $-405.00K USD 1 Quarter
Net income (loss) ProfitLoss $-4.30M USD 3 Qtrs
Net income (loss) ProfitLoss $-2.34M USD 1 Quarter
Net income (loss) ProfitLoss $2.94M USD 1 Quarter
Net income (loss) ProfitLoss $741.00K USD 1 Quarter
Net income (loss) ProfitLoss $-1.55M USD 1 Quarter
Net income (loss) ProfitLoss $-2.63M USD 1 Quarter
Net income (loss) ProfitLoss $1.05M USD 3 Qtrs
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $528.71M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $252.43M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $305.54M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $525.48M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $709.48M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $305.13M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $528.07M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $704.92M USD Point-in-time

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

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