10-Q Filing

NETSTREIT CORP. CIK: 1798100 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001798100-22-000083`
Period End Date	20220630
Filing Date	20220728
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	ntst-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 112 Cash Flow Statement 88 Stockholders Equity 37

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`	$299.94M	USD	Point-in-time
Land	`Land`	$349.59M	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`	44.22M	shares	Point-in-time
Buildings and improvements	`InvestmentBuildingAndBuildingImprovements`	$626.46M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	50.34M	shares	Point-in-time
Buildings and improvements	`InvestmentBuildingAndBuildingImprovements`	$771.62M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	44.22M	shares	Point-in-time
Total real estate, at cost	`RealEstateInvestmentPropertyAtCostExcludingPropertyUnderDevelopment`	$926.39M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	50.34M	shares	Point-in-time
Total real estate, at cost	`RealEstateInvestmentPropertyAtCostExcludingPropertyUnderDevelopment`	$1.12B	USD	Point-in-time
Less accumulated depreciation	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$45.05M	USD	Point-in-time
Less accumulated depreciation	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$30.67M	USD	Point-in-time
Property under development	`DevelopmentInProcess`	$17.90M	USD	Point-in-time
Property under development	`DevelopmentInProcess`	$12.80M	USD	Point-in-time
Real estate held for investment, net	`RealEstateInvestmentPropertyNet`	$1.09B	USD	Point-in-time
Real estate held for investment, net	`RealEstateInvestmentPropertyNet`	$913.62M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperation`	$2.48M	USD	Point-in-time
Assets held for sale	`AssetsOfDisposalGroupIncludingDiscontinuedOperation`	$2.10M	USD	Point-in-time
Mortgage loan receivables, net	`MortgageLoansOnRealEstateCommercialAndConsumerNet`	$46.44M	USD	Point-in-time
Mortgage loan receivables, net	`MortgageLoansOnRealEstateCommercialAndConsumerNet`	-	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.60M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$88.14M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$92.64M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.85M	USD	Point-in-time
Lease intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$124.77M	USD	Point-in-time
Lease intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$139.53M	USD	Point-in-time
Other assets, net	`OtherAssets`	$20.35M	USD	Point-in-time
Other assets, net	`OtherAssets`	$72.33M	USD	Point-in-time
Total assets	`Assets`	$1.07B	USD	Point-in-time
Total assets	`Assets`	$1.37B	USD	Point-in-time
Term loan, net	`SecuredDebt`	$174.44M	USD	Point-in-time
Term loan, net	`SecuredDebt`	$174.33M	USD	Point-in-time
Revolving credit facility	`LineOfCredit`	$237.00M	USD	Point-in-time
Revolving credit facility	`LineOfCredit`	$64.00M	USD	Point-in-time
Lease intangible liabilities, net	`BelowMarketLeaseNet`	$28.21M	USD	Point-in-time
Lease intangible liabilities, net	`BelowMarketLeaseNet`	$23.32M	USD	Point-in-time
Liabilities related to assets held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation`	$12.00K	USD	Point-in-time
Liabilities related to assets held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation`	-	USD	Point-in-time
Accounts payable, accrued expenses and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$20.07M	USD	Point-in-time
Accounts payable, accrued expenses and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$16.98M	USD	Point-in-time
Total liabilities	`Liabilities`	$459.73M	USD	Point-in-time
Total liabilities	`Liabilities`	$278.63M	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; 50,341,288 and 44,223,050 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$503.00K	USD	Point-in-time
Common stock, $0.01 par value, 400,000,000 shares authorized; 50,341,288 and 44,223,050 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$442.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$809.72M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$938.04M	USD	Point-in-time
Distributions in excess of retained earnings	`RetainedEarningsAccumulatedDeficit`	$-49.94M	USD	Point-in-time
Distributions in excess of retained earnings	`RetainedEarningsAccumulatedDeficit`	$-35.12M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$4.12M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$11.58M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$779.17M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$900.18M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$9.67M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$10.64M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$709.48M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$909.85M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$525.48M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$789.82M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$528.07M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$865.05M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.07B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.37B	USD	Point-in-time

Income Statement 112 line items

Line Item	Tag	Value	Unit	Period
Rental revenue (including reimbursable)	`OperatingLeaseLeaseIncome`	$22.05M	USD	1 Quarter
Rental revenue (including reimbursable)	`OperatingLeaseLeaseIncome`	$42.97M	USD	2 Qtrs
Rental revenue (including reimbursable)	`OperatingLeaseLeaseIncome`	$25.73M	USD	2 Qtrs
Rental revenue (including reimbursable)	`OperatingLeaseLeaseIncome`	$13.80M	USD	1 Quarter
Interest income on mortgage loan receivables	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$586.00K	USD	1 Quarter
Interest income on mortgage loan receivables	`InterestIncomeExpenseAfterProvisionForLoanLoss`	-	USD	1 Quarter
Interest income on mortgage loan receivables	`InterestIncomeExpenseAfterProvisionForLoanLoss`	$997.00K	USD	2 Qtrs
Interest income on mortgage loan receivables	`InterestIncomeExpenseAfterProvisionForLoanLoss`	-	USD	2 Qtrs
Total revenues	`Revenues`	$43.97M	USD	2 Qtrs
Total revenues	`Revenues`	$22.63M	USD	1 Quarter
Total revenues	`Revenues`	$13.80M	USD	1 Quarter
Total revenues	`Revenues`	$25.73M	USD	2 Qtrs
Property	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$1.31M	USD	1 Quarter
Property	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$2.69M	USD	1 Quarter
Property	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$2.27M	USD	2 Qtrs
Property	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$5.62M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$3.99M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$7.13M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$4.87M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$9.06M	USD	2 Qtrs
Depreciation and amortization	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$22.73M	USD	2 Qtrs
Depreciation and amortization	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$7.08M	USD	1 Quarter
Depreciation and amortization	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$13.00M	USD	2 Qtrs
Depreciation and amortization	`CostOfGoodsAndServicesSoldDepreciationAndAmortization`	$11.75M	USD	1 Quarter
Provisions for impairment	`AssetImpairmentCharges`	$1.11M	USD	2 Qtrs
Provisions for impairment	`AssetImpairmentCharges`	$1.11M	USD	1 Quarter
Provisions for impairment	`AssetImpairmentCharges`	$3.54M	USD	2 Qtrs
Provisions for impairment	`AssetImpairmentCharges`	$3.47M	USD	1 Quarter
Transaction costs	`TransactionCosts`	$488.00K	USD	1 Quarter
Transaction costs	`TransactionCosts`	$332.00K	USD	2 Qtrs
Transaction costs	`TransactionCosts`	$181.00K	USD	1 Quarter
Transaction costs	`TransactionCosts`	$653.00K	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$20.90M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$39.17M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$16.03M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$26.27M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$2.69M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$1.52M	USD	1 Quarter
Interest expense, net	`InterestExpense`	$1.80M	USD	2 Qtrs
Interest expense, net	`InterestExpense`	$894.00K	USD	1 Quarter
Gain on sales of real estate, net	`GainsLossesOnSalesOfInvestmentRealEstate`	$2.02M	USD	2 Qtrs
Gain on sales of real estate, net	`GainsLossesOnSalesOfInvestmentRealEstate`	$1.86M	USD	1 Quarter
Gain on sales of real estate, net	`GainsLossesOnSalesOfInvestmentRealEstate`	$497.00K	USD	1 Quarter
Gain on sales of real estate, net	`GainsLossesOnSalesOfInvestmentRealEstate`	$497.00K	USD	2 Qtrs
Other income	`OtherNonoperatingIncome`	-	USD	2 Qtrs
Other income	`OtherNonoperatingIncome`	$36.00K	USD	2 Qtrs
Other income	`OtherNonoperatingIncome`	-	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$36.00K	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$-1.30M	USD	2 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$-397.00K	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$372.00K	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$-636.00K	USD	2 Qtrs
Net income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.84M	USD	2 Qtrs
Net income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.10M	USD	1 Quarter
Net income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$4.16M	USD	2 Qtrs
Net income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.63M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$184.00K	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$93.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$50.00K	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$1.97M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-1.89M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$3.98M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$741.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$2.01M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-2.63M	USD	1 Quarter
Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$47.00K	USD	2 Qtrs
Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$23.00K	USD	1 Quarter
Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-54.00K	USD	2 Qtrs
Net income (loss) attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-94.00K	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$3.93M	USD	2 Qtrs
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$-2.54M	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$1.99M	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLoss`	$-1.83M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.08	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.07	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.06	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.04	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.04	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.06	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.07	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.08	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	46.28M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	38.02M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	33.24M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	48.14M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	38.02M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.95M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	47.28M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.24M	shares	2 Qtrs
Net income (loss)	`ProfitLoss`	$1.97M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-1.89M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$3.98M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$741.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$2.01M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-2.63M	USD	1 Quarter
Change in value on derivatives, net	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$7.55M	USD	2 Qtrs
Change in value on derivatives, net	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$2.06M	USD	2 Qtrs
Change in value on derivatives, net	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-265.00K	USD	1 Quarter
Change in value on derivatives, net	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$1.34M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-2.90M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$3.35M	USD	1 Quarter
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$169.00K	USD	2 Qtrs
Total comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$11.53M	USD	2 Qtrs
Comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$38.00K	USD	1 Quarter
Comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$58.00K	USD	2 Qtrs
Comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-106.00K	USD	1 Quarter
Comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$138.00K	USD	2 Qtrs
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$11.39M	USD	2 Qtrs
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$-2.79M	USD	1 Quarter
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$3.31M	USD	1 Quarter
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeNetOfTax`	$111.00K	USD	2 Qtrs

Cash Flow Statement 88 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$1.97M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-1.89M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$3.98M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$741.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$2.01M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-2.63M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$22.73M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$13.00M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$7.10M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$11.80M	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$314.00K	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$314.00K	USD	2 Qtrs
Noncash revenue adjustments	`OtherNoncashIncomeExpense`	$886.00K	USD	2 Qtrs
Noncash revenue adjustments	`OtherNoncashIncomeExpense`	$1.43M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$2.34M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$1.60M	USD	2 Qtrs
Gain on sales of real estate, net	`GainsLossesOnSalesOfInvestmentRealEstate`	$2.02M	USD	2 Qtrs
Gain on sales of real estate, net	`GainsLossesOnSalesOfInvestmentRealEstate`	$1.86M	USD	1 Quarter
Gain on sales of real estate, net	`GainsLossesOnSalesOfInvestmentRealEstate`	$497.00K	USD	1 Quarter
Gain on sales of real estate, net	`GainsLossesOnSalesOfInvestmentRealEstate`	$497.00K	USD	2 Qtrs
Provisions for impairment	`AssetImpairmentCharges`	$1.11M	USD	2 Qtrs
Provisions for impairment	`AssetImpairmentCharges`	$1.11M	USD	1 Quarter
Provisions for impairment	`AssetImpairmentCharges`	$3.54M	USD	2 Qtrs
Provisions for impairment	`AssetImpairmentCharges`	$3.47M	USD	1 Quarter
Other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$3.33M	USD	2 Qtrs
Other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$1.37M	USD	2 Qtrs
Accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$166.00K	USD	2 Qtrs
Accounts payable, accrued expenses and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.06M	USD	2 Qtrs
Lease incentive payments	`PaymentsForLeaseIncentives`	$400.00K	USD	2 Qtrs
Lease incentive payments	`PaymentsForLeaseIncentives`	$225.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$22.25M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$13.76M	USD	2 Qtrs
Acquisitions of real estate	`PaymentsToAcquireRealEstateHeldForInvestment`	$207.29M	USD	2 Qtrs
Acquisitions of real estate	`PaymentsToAcquireRealEstateHeldForInvestment`	$205.17M	USD	2 Qtrs
Real estate development and improvements	`PaymentsToAcquireAndDevelopRealEstate`	$5.65M	USD	2 Qtrs
Real estate development and improvements	`PaymentsToAcquireAndDevelopRealEstate`	$8.02M	USD	2 Qtrs
Investment in mortgage loan receivables	`PaymentsForInvestmentInMortgageLoanReceivable`	-	USD	2 Qtrs
Investment in mortgage loan receivables	`PaymentsForInvestmentInMortgageLoanReceivable`	$46.47M	USD	2 Qtrs
Earnest money deposits	`PaymentsForProceedsFromDepositsOnRealEstateAcquisitions`	$-349.00K	USD	2 Qtrs
Earnest money deposits	`PaymentsForProceedsFromDepositsOnRealEstateAcquisitions`	$39.66M	USD	2 Qtrs
Purchase of computer equipment and other corporate assets	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$10.00K	USD	2 Qtrs
Purchase of computer equipment and other corporate assets	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	-	USD	2 Qtrs
Proceeds from sale of real estate	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$12.18M	USD	2 Qtrs
Proceeds from sale of real estate	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$12.32M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-198.16M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-289.25M	USD	2 Qtrs
Issuance of common stock in public offerings, net	`ProceedsFromIssuanceOfCommonStock`	$194.16M	USD	2 Qtrs
Issuance of common stock in public offerings, net	`ProceedsFromIssuanceOfCommonStock`	$125.50M	USD	2 Qtrs
Payment of common stock dividends	`PaymentsOfDividendsCommonStock`	$13.58M	USD	2 Qtrs
Payment of common stock dividends	`PaymentsOfDividendsCommonStock`	$18.48M	USD	2 Qtrs
Payment of OP unit distributions	`PaymentsOfDividendsMinorityInterest`	$213.00K	USD	2 Qtrs
Payment of OP unit distributions	`PaymentsOfDividendsMinorityInterest`	$594.00K	USD	2 Qtrs
Payment of restricted stock dividends	`PaymentsOfRestrictedStockDividends`	$106.00K	USD	2 Qtrs
Payment of restricted stock dividends	`PaymentsOfRestrictedStockDividends`	$5.00K	USD	2 Qtrs
Proceeds under revolving credit facility	`ProceedsFromLinesOfCredit`	$245.00M	USD	2 Qtrs
Proceeds under revolving credit facility	`ProceedsFromLinesOfCredit`	$13.00M	USD	2 Qtrs
Repayments under revolving credit facility	`RepaymentsOfLinesOfCredit`	$13.00M	USD	2 Qtrs
Repayments under revolving credit facility	`RepaymentsOfLinesOfCredit`	$72.00M	USD	2 Qtrs
Proceeds under property development incentives	`ProceedsFromPropertyDevelopmentIncentives`	-	USD	2 Qtrs
Proceeds under property development incentives	`ProceedsFromPropertyDevelopmentIncentives`	$605.00K	USD	2 Qtrs
Repurchase of common stock for tax withholding obligations	`PaymentsForRepurchaseOfCommonStock`	$90.00K	USD	2 Qtrs
Repurchase of common stock for tax withholding obligations	`PaymentsForRepurchaseOfCommonStock`	$363.00K	USD	2 Qtrs
Deferred offering costs	`PaymentsOfStockIssuanceCosts`	-	USD	2 Qtrs
Deferred offering costs	`PaymentsOfStockIssuanceCosts`	$694.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$179.90M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$279.25M	USD	2 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$12.25M	USD	2 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-4.50M	USD	2 Qtrs
Cash, cash equivalents and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.60M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$88.14M	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 beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.85M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.60M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$88.14M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$92.64M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.85M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$1.35M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$2.35M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$45.00K	USD	2 Qtrs
Dividends declared and unpaid on restricted stock	`DividendsPayableCurrentAndNoncurrent`	$264.00K	USD	Point-in-time
Dividends declared and unpaid on restricted stock	`DividendsPayableCurrentAndNoncurrent`	$277.00K	USD	Point-in-time
Cash flow hedge change in fair value	`NoncashInvestingAndFinancingActivitiesUnrealizedGainLossOnDerivatives`	$7.55M	USD	2 Qtrs
Cash flow hedge change in fair value	`NoncashInvestingAndFinancingActivitiesUnrealizedGainLossOnDerivatives`	$2.06M	USD	2 Qtrs
Accrued capital expenditures and real estate development and improvement costs	`CapitalExpendituresIncurredButNotYetPaid`	$2.85M	USD	2 Qtrs
Accrued capital expenditures and real estate development and improvement costs	`CapitalExpendituresIncurredButNotYetPaid`	-	USD	2 Qtrs
Accrued lease incentives	`AccruedLeaseIncentivesIncurredButNotYetReceived`	-	USD	2 Qtrs
Accrued lease incentives	`AccruedLeaseIncentivesIncurredButNotYetReceived`	$500.00K	USD	2 Qtrs

Stockholders Equity 37 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$709.48M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$909.85M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$525.48M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$789.82M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$528.07M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$865.05M	USD	Point-in-time
OP Units converted to common stock	`DividendsCommonStockAndOPUnits`	$8.18M	USD	1 Quarter
OP Units converted to common stock	`DividendsCommonStockAndOPUnits`	$9.69M	USD	1 Quarter
OP Units converted to common stock	`DividendsCommonStockAndOPUnits`	$5.99M	USD	1 Quarter
OP Units converted to common stock	`DividendsCommonStockAndOPUnits`	$9.00M	USD	1 Quarter
Dividends and distributions declared on common stock and OP units	`DividendsShareBasedCompensationCash`	$132.00K	USD	1 Quarter
Dividends and distributions declared on common stock and OP units	`DividendsShareBasedCompensationCash`	$132.00K	USD	1 Quarter
Dividends and distributions declared on common stock and OP units	`DividendsShareBasedCompensationCash`	$149.00K	USD	1 Quarter
Dividends and distributions declared on common stock and OP units	`DividendsShareBasedCompensationCash`	$128.00K	USD	1 Quarter
Vesting of restricted stock units	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	1 Quarter
Repurchase of common stock for tax withholding obligations	`AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet`	$-362.00K	USD	1 Quarter
Repurchase of common stock for tax withholding obligations	`AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet`	$-90.00K	USD	1 Quarter
Repurchase of common stock for tax withholding obligations	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$557.00K	USD	1 Quarter
Repurchase of common stock for tax withholding obligations	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.04M	USD	1 Quarter
Repurchase of common stock for tax withholding obligations	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.04M	USD	1 Quarter
Repurchase of common stock for tax withholding obligations	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.30M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-265.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$2.32M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$6.21M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$1.34M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$1.97M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-1.89M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$3.98M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$741.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$2.01M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-2.63M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$709.48M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$909.85M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$525.48M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$789.82M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$528.07M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$865.05M	USD	Point-in-time

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