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10-Q Filing

NETSTREIT CORP. CIK: 1798100 Q3 2023
Filing Information
Form Type 10-Q
Accession Number 0001798100-23-000100
Period End Date 20230930
Filing Date 20231025
Fiscal Year 2023
Fiscal Period Q3
XBRL Instance ntst-20230930_htm.xml
Filing Contents
Balance Sheet 72 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
Land Land $449.72M USD Point-in-time
Land Land $401.15M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 68.70M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 58.03M shares Point-in-time
Buildings and improvements InvestmentBuildingAndBuildingImprovements $907.08M USD Point-in-time
Buildings and improvements InvestmentBuildingAndBuildingImprovements $1.08B USD Point-in-time
Total real estate, at cost RealEstateInvestmentPropertyAtCostExcludingPropertyUnderDevelopment $1.53B USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 58.03M shares Point-in-time
Total real estate, at cost RealEstateInvestmentPropertyAtCostExcludingPropertyUnderDevelopment $1.31B USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 68.70M shares Point-in-time
Less accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $90.89M USD Point-in-time
Less accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $62.53M USD Point-in-time
Property under development DevelopmentInProcess $16.80M USD Point-in-time
Property under development DevelopmentInProcess $33.50M USD Point-in-time
Real estate held for investment, net RealEstateInvestmentPropertyNet $1.47B USD Point-in-time
Real estate held for investment, net RealEstateInvestmentPropertyNet $1.26B USD Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperation $38.84M USD Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperation $23.21M USD Point-in-time
Mortgage loans receivable, net MortgageLoansOnRealEstateCommercialAndConsumerNet $46.38M USD Point-in-time
Mortgage loans receivable, net MortgageLoansOnRealEstateCommercialAndConsumerNet $109.09M USD Point-in-time
Cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $70.54M USD Point-in-time
Cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $16.19M USD Point-in-time
Cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $7.60M USD Point-in-time
Cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $7.93M USD Point-in-time
Lease intangible assets, net FiniteLivedIntangibleAssetsNet $163.82M USD Point-in-time
Lease intangible assets, net FiniteLivedIntangibleAssetsNet $151.01M USD Point-in-time
Other assets, net OtherAssets $52.06M USD Point-in-time
Other assets, net OtherAssets $69.40M USD Point-in-time
Total assets Assets $1.86B USD Point-in-time
Total assets Assets $1.61B USD Point-in-time
Term loans, net UnsecuredDebt $373.30M USD Point-in-time
Term loans, net UnsecuredDebt $521.61M USD Point-in-time
Revolving credit facility LineOfCredit $42.00M USD Point-in-time
Revolving credit facility LineOfCredit $113.00M USD Point-in-time
Mortgage note payable, net SecuredDebt $7.90M USD Point-in-time
Mortgage note payable, net SecuredDebt $7.89M USD Point-in-time
Lease intangible liabilities, net BelowMarketLeaseNet $26.70M USD Point-in-time
Lease intangible liabilities, net BelowMarketLeaseNet $30.13M USD Point-in-time
Liabilities related to assets held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation $406.00K USD Point-in-time
Liabilities related to assets held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation $1.02M USD Point-in-time
Accounts payable, accrued expenses and other liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $22.54M USD Point-in-time
Accounts payable, accrued expenses and other liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $33.73M USD Point-in-time
Total liabilities Liabilities $632.95M USD Point-in-time
Total liabilities Liabilities $547.27M 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; 68,701,223 and 58,031,879 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively CommonStockValue $687.00K USD Point-in-time
Common stock, $0.01 par value, 400,000,000 shares authorized; 68,701,223 and 58,031,879 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively CommonStockValue $580.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $1.29B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $1.09B USD Point-in-time
Distributions in excess of retained earnings RetainedEarningsAccumulatedDeficit $-66.94M USD Point-in-time
Distributions in excess of retained earnings RetainedEarningsAccumulatedDeficit $-100.01M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $30.49M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $23.67M USD Point-in-time
Total stockholders equity StockholdersEquity $1.22B USD Point-in-time
Total stockholders equity StockholdersEquity $1.05B USD Point-in-time
Noncontrolling interests MinorityInterest $8.90M USD Point-in-time
Noncontrolling interests MinorityInterest $9.59M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $789.82M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.20B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.06B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $909.85M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.01B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $865.05M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.10B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.23B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $1.86B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $1.61B USD Point-in-time
Income Statement 124 line items
Line Item Tag Value Unit Period
Rental revenue (including reimbursable) OperatingLeaseLeaseIncome $24.34M USD 1 Quarter
Rental revenue (including reimbursable) OperatingLeaseLeaseIncome $31.17M USD 1 Quarter
Rental revenue (including reimbursable) OperatingLeaseLeaseIncome $89.35M USD 3 Qtrs
Rental revenue (including reimbursable) OperatingLeaseLeaseIncome $67.31M USD 3 Qtrs
Interest income on loans receivable InterestIncomeExpenseAfterProvisionForLoanLoss $5.14M USD 3 Qtrs
Interest income on loans receivable InterestIncomeExpenseAfterProvisionForLoanLoss $1.67M USD 3 Qtrs
Interest income on loans receivable InterestIncomeExpenseAfterProvisionForLoanLoss $674.00K USD 1 Quarter
Interest income on loans receivable InterestIncomeExpenseAfterProvisionForLoanLoss $2.24M USD 1 Quarter
Other revenue RevenueNotFromContractWithCustomerOther - USD 1 Quarter
Other revenue RevenueNotFromContractWithCustomerOther $550.00K USD 3 Qtrs
Other revenue RevenueNotFromContractWithCustomerOther $550.00K USD 1 Quarter
Other revenue RevenueNotFromContractWithCustomerOther - USD 3 Qtrs
Total revenues Revenues $33.96M USD 1 Quarter
Total revenues Revenues $95.04M USD 3 Qtrs
Total revenues Revenues $68.98M USD 3 Qtrs
Total revenues Revenues $25.01M USD 1 Quarter
Property DirectCostsOfLeasedAndRentedPropertyOrEquipment $2.54M USD 1 Quarter
Property DirectCostsOfLeasedAndRentedPropertyOrEquipment $11.35M USD 3 Qtrs
Property DirectCostsOfLeasedAndRentedPropertyOrEquipment $3.88M USD 1 Quarter
Property DirectCostsOfLeasedAndRentedPropertyOrEquipment $8.16M USD 3 Qtrs
General and administrative GeneralAndAdministrativeExpense $5.13M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $4.55M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $13.61M USD 3 Qtrs
General and administrative GeneralAndAdministrativeExpense $15.30M USD 3 Qtrs
Depreciation and amortization CostOfGoodsAndServicesSoldDepreciationAndAmortization $36.14M USD 3 Qtrs
Depreciation and amortization CostOfGoodsAndServicesSoldDepreciationAndAmortization $15.80M USD 1 Quarter
Depreciation and amortization CostOfGoodsAndServicesSoldDepreciationAndAmortization $46.60M USD 3 Qtrs
Depreciation and amortization CostOfGoodsAndServicesSoldDepreciationAndAmortization $13.41M USD 1 Quarter
Provisions for impairment AssetImpairmentCharges - USD 1 Quarter
Provisions for impairment AssetImpairmentCharges $1.11M USD 3 Qtrs
Provisions for impairment AssetImpairmentCharges $4.37M USD 3 Qtrs
Provisions for impairment AssetImpairmentCharges $1.54M USD 1 Quarter
Transaction costs TransactionCosts $143.00K USD 1 Quarter
Transaction costs TransactionCosts $267.00K USD 3 Qtrs
Transaction costs TransactionCosts $704.00K USD 3 Qtrs
Transaction costs TransactionCosts $51.00K USD 1 Quarter
Total operating expenses CostsAndExpenses $26.50M USD 1 Quarter
Total operating expenses CostsAndExpenses $20.55M USD 1 Quarter
Total operating expenses CostsAndExpenses $59.72M USD 3 Qtrs
Total operating expenses CostsAndExpenses $77.89M USD 3 Qtrs
Interest expense, net InterestExpense $3.95M USD 1 Quarter
Interest expense, net InterestExpense $5.71M USD 3 Qtrs
Interest expense, net InterestExpense $3.02M USD 1 Quarter
Interest expense, net InterestExpense $13.41M USD 3 Qtrs
Gain on sales of real estate, net GainsLossesOnSalesOfInvestmentRealEstate $373.00K USD 1 Quarter
Gain on sales of real estate, net GainsLossesOnSalesOfInvestmentRealEstate $143.00K USD 1 Quarter
Gain on sales of real estate, net GainsLossesOnSalesOfInvestmentRealEstate $669.00K USD 3 Qtrs
Gain on sales of real estate, net GainsLossesOnSalesOfInvestmentRealEstate $2.16M USD 3 Qtrs
Loss on debt extinguishment GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Loss on debt extinguishment GainsLossesOnExtinguishmentOfDebt $-128.00K USD 3 Qtrs
Loss on debt extinguishment GainsLossesOnExtinguishmentOfDebt - USD 3 Qtrs
Loss on debt extinguishment GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Other income, net OtherNonoperatingIncome - USD 1 Quarter
Other income, net OtherNonoperatingIncome $36.00K USD 3 Qtrs
Other income, net OtherNonoperatingIncome $586.00K USD 3 Qtrs
Other income, net OtherNonoperatingIncome $367.00K USD 1 Quarter
Total other income (expense), net NonoperatingIncomeExpense $-3.51M USD 3 Qtrs
Total other income (expense), net NonoperatingIncomeExpense $-12.29M USD 3 Qtrs
Total other income (expense), net NonoperatingIncomeExpense $-3.21M USD 1 Quarter
Total other income (expense), net NonoperatingIncomeExpense $-2.87M USD 1 Quarter
Net income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $5.75M USD 3 Qtrs
Net income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $4.25M USD 1 Quarter
Net income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $1.59M USD 1 Quarter
Net income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $4.87M USD 3 Qtrs
Income tax (expense) benefit IncomeTaxExpenseBenefit $171.00K USD 1 Quarter
Income tax (expense) benefit IncomeTaxExpenseBenefit $-60.00K USD 3 Qtrs
Income tax (expense) benefit IncomeTaxExpenseBenefit $356.00K USD 3 Qtrs
Income tax (expense) benefit IncomeTaxExpenseBenefit $15.00K USD 1 Quarter
Net income ProfitLoss $4.24M USD 1 Quarter
Net income ProfitLoss $-792.00K USD 1 Quarter
Net income ProfitLoss $4.93M USD 3 Qtrs
Net income ProfitLoss $5.39M USD 3 Qtrs
Net income ProfitLoss $1.97M USD 1 Quarter
Net income ProfitLoss $1.48M USD 1 Quarter
Net income ProfitLoss $2.01M USD 1 Quarter
Net income ProfitLoss $1.42M USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $32.00K USD 3 Qtrs
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $24.00K USD 1 Quarter
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $63.00K USD 3 Qtrs
Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $16.00K USD 1 Quarter
Net income attributable to common stockholders NetIncomeLoss $4.90M USD 3 Qtrs
Net income attributable to common stockholders NetIncomeLoss $4.21M USD 1 Quarter
Net income attributable to common stockholders NetIncomeLoss $5.33M USD 3 Qtrs
Net income attributable to common stockholders NetIncomeLoss $1.40M USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.11 USD 3 Qtrs
Basic (in dollars per share) EarningsPerShareBasic $0.03 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.08 USD 3 Qtrs
Basic (in dollars per share) EarningsPerShareBasic $0.06 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.06 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.08 USD 3 Qtrs
Diluted (in dollars per share) EarningsPerShareDiluted $0.03 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.11 USD 3 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 67.11M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 62.12M shares 3 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 50.45M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 47.68M shares 3 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 68.05M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 51.38M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 48.66M shares 3 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 62.90M shares 3 Qtrs
Net income ProfitLoss $4.24M USD 1 Quarter
Net income ProfitLoss $-792.00K USD 1 Quarter
Net income ProfitLoss $4.93M USD 3 Qtrs
Net income ProfitLoss $5.39M USD 3 Qtrs
Net income ProfitLoss $1.97M USD 1 Quarter
Net income ProfitLoss $1.48M USD 1 Quarter
Net income ProfitLoss $2.01M USD 1 Quarter
Net income ProfitLoss $1.42M USD 1 Quarter
Change in value on derivatives, net OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $6.88M USD 3 Qtrs
Change in value on derivatives, net OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $6.47M USD 1 Quarter
Change in value on derivatives, net OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $13.89M USD 1 Quarter
Change in value on derivatives, net OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $21.44M USD 3 Qtrs
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $15.31M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $10.71M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $11.80M USD 3 Qtrs
Total comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $26.83M USD 3 Qtrs
Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $287.00K USD 3 Qtrs
Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $149.00K USD 1 Quarter
Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $78.00K USD 1 Quarter
Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $86.00K USD 3 Qtrs
Comprehensive income attributable to common stockholders ComprehensiveIncomeNetOfTax $10.63M USD 1 Quarter
Comprehensive income attributable to common stockholders ComprehensiveIncomeNetOfTax $11.72M USD 3 Qtrs
Comprehensive income attributable to common stockholders ComprehensiveIncomeNetOfTax $15.16M USD 1 Quarter
Comprehensive income attributable to common stockholders ComprehensiveIncomeNetOfTax $26.54M USD 3 Qtrs
Cash Flow Statement 119 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $4.24M USD 1 Quarter
Net income ProfitLoss $-792.00K USD 1 Quarter
Net income ProfitLoss $4.93M USD 3 Qtrs
Net income ProfitLoss $5.39M USD 3 Qtrs
Net income ProfitLoss $1.97M USD 1 Quarter
Net income ProfitLoss $1.48M USD 1 Quarter
Net income ProfitLoss $2.01M USD 1 Quarter
Net income ProfitLoss $1.42M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $36.14M USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $46.60M USD 3 Qtrs
Amortization of deferred financing costs AmortizationOfFinancingCostsAndDiscounts $1.17M USD 3 Qtrs
Amortization of deferred financing costs AmortizationOfFinancingCostsAndDiscounts $553.00K USD 3 Qtrs
Amortization of above/below-market assumed debt AmortizationOfAboveAndBelowMarketAssumedDebt - USD 3 Qtrs
Amortization of above/below-market assumed debt AmortizationOfAboveAndBelowMarketAssumedDebt $86.00K USD 3 Qtrs
Noncash revenue adjustments OtherNoncashIncomeExpense $2.08M USD 3 Qtrs
Noncash revenue adjustments OtherNoncashIncomeExpense $1.15M USD 3 Qtrs
Amortization of deferred gains on interest rate swaps AmortizationOfDeferredHedgeGains - USD 3 Qtrs
Amortization of deferred gains on interest rate swaps AmortizationOfDeferredHedgeGains $-1.13M USD 1 Quarter
Amortization of deferred gains on interest rate swaps AmortizationOfDeferredHedgeGains - USD 1 Quarter
Amortization of deferred gains on interest rate swaps AmortizationOfDeferredHedgeGains $-1.13M USD 3 Qtrs
Stock-based compensation expense ShareBasedCompensation $3.56M USD 3 Qtrs
Stock-based compensation expense ShareBasedCompensation $3.65M USD 3 Qtrs
Gain on sales of real estate, net GainsLossesOnSalesOfInvestmentRealEstate $373.00K USD 1 Quarter
Gain on sales of real estate, net GainsLossesOnSalesOfInvestmentRealEstate $143.00K USD 1 Quarter
Gain on sales of real estate, net GainsLossesOnSalesOfInvestmentRealEstate $669.00K USD 3 Qtrs
Gain on sales of real estate, net GainsLossesOnSalesOfInvestmentRealEstate $2.16M USD 3 Qtrs
Provisions for impairment AssetImpairmentCharges - USD 1 Quarter
Provisions for impairment AssetImpairmentCharges $1.11M USD 3 Qtrs
Provisions for impairment AssetImpairmentCharges $4.37M USD 3 Qtrs
Provisions for impairment AssetImpairmentCharges $1.54M USD 1 Quarter
Loss on debt extinguishment GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Loss on debt extinguishment GainsLossesOnExtinguishmentOfDebt $-128.00K USD 3 Qtrs
Loss on debt extinguishment GainsLossesOnExtinguishmentOfDebt - USD 3 Qtrs
Loss on debt extinguishment GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Gain on involuntary conversion of building and improvements GainLossOnInvoluntaryConversionOfBuildingAndImprovements $47.00K USD 3 Qtrs
Gain on involuntary conversion of building and improvements GainLossOnInvoluntaryConversionOfBuildingAndImprovements - USD 3 Qtrs
Other assets, net IncreaseDecreaseInOtherOperatingAssets $4.80M USD 3 Qtrs
Other assets, net IncreaseDecreaseInOtherOperatingAssets $3.64M USD 3 Qtrs
Accounts payable, accrued expenses and other liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $676.00K USD 3 Qtrs
Accounts payable, accrued expenses and other liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-71.00K USD 3 Qtrs
Lease incentive payments PaymentsForLeaseIncentives $1.46M USD 3 Qtrs
Lease incentive payments PaymentsForLeaseIncentives $936.00K USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $51.51M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $38.71M USD 3 Qtrs
Acquisitions of real estate PaymentsToAcquireRealEstateHeldForInvestment $328.99M USD 3 Qtrs
Acquisitions of real estate PaymentsToAcquireRealEstateHeldForInvestment $254.75M USD 3 Qtrs
Acquisitions of real estate PaymentsToAcquireRealEstateHeldForInvestment $4.70M USD 1 Quarter
Real estate development and improvements PaymentsToAcquireAndDevelopRealEstate $15.49M USD 3 Qtrs
Real estate development and improvements PaymentsToAcquireAndDevelopRealEstate $47.69M USD 3 Qtrs
Investment in mortgage loans receivable PaymentsForInvestmentInMortgageLoanReceivable $46.47M USD 3 Qtrs
Investment in mortgage loans receivable PaymentsForInvestmentInMortgageLoanReceivable $65.51M USD 3 Qtrs
Earnest money deposits PaymentsForProceedsFromDepositsOnRealEstateAcquisitions $3.49M USD 3 Qtrs
Earnest money deposits PaymentsForProceedsFromDepositsOnRealEstateAcquisitions $2.53M USD 3 Qtrs
Purchase of computer equipment and other corporate assets PaymentsToAcquireOtherPropertyPlantAndEquipment $23.00K USD 3 Qtrs
Purchase of computer equipment and other corporate assets PaymentsToAcquireOtherPropertyPlantAndEquipment $595.00K USD 3 Qtrs
Proceeds from sale of real estate ProceedsFromSaleOfRealEstateHeldforinvestment $13.84M USD 3 Qtrs
Proceeds from sale of real estate ProceedsFromSaleOfRealEstateHeldforinvestment $24.73M USD 3 Qtrs
Proceeds from the settlement of property-related insurance claims ProceedsFromInsuranceSettlementInvestingActivities - USD 3 Qtrs
Proceeds from the settlement of property-related insurance claims ProceedsFromInsuranceSettlementInvestingActivities $47.00K USD 3 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-381.19M USD 3 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-345.73M USD 3 Qtrs
Issuance of common stock in public offerings, net ProceedsFromIssuanceOfCommonStock $219.02M USD 3 Qtrs
Issuance of common stock in public offerings, net ProceedsFromIssuanceOfCommonStock $194.86M USD 3 Qtrs
Payment of common stock dividends PaymentsOfDividendsCommonStock $28.55M USD 3 Qtrs
Payment of common stock dividends PaymentsOfDividendsCommonStock $37.59M USD 3 Qtrs
Payment of OP unit distributions PaymentsOfDividendsMinorityInterest $307.00K USD 3 Qtrs
Payment of OP unit distributions PaymentsOfDividendsMinorityInterest $316.00K USD 3 Qtrs
Payment of restricted stock dividends PaymentsOfRestrictedStockDividends $148.00K USD 3 Qtrs
Payment of restricted stock dividends PaymentsOfRestrictedStockDividends $154.00K USD 3 Qtrs
Principal payments on mortgages payable RepaymentsOfOtherLongTermDebt $12.00K USD 3 Qtrs
Principal payments on mortgages payable RepaymentsOfOtherLongTermDebt $99.00K USD 3 Qtrs
Proceeds under revolving credit facilities ProceedsFromLinesOfCredit $288.00M USD 3 Qtrs
Proceeds under revolving credit facilities ProceedsFromLinesOfCredit $365.00M USD 3 Qtrs
Repayments under revolving credit facilities RepaymentsOfLinesOfCredit $359.00M USD 3 Qtrs
Repayments under revolving credit facilities RepaymentsOfLinesOfCredit $399.00M USD 3 Qtrs
Proceeds from term loans ProceedsFromIssuanceOfSecuredDebt $200.00M USD 3 Qtrs
Proceeds from term loans ProceedsFromIssuanceOfSecuredDebt $150.00M USD 3 Qtrs
Proceeds under property development incentives ProceedsFromPropertyDevelopmentIncentives $605.00K USD 3 Qtrs
Proceeds under property development incentives ProceedsFromPropertyDevelopmentIncentives - USD 3 Qtrs
Repurchase of common stock for tax withholding obligations PaymentsForRepurchaseOfCommonStock $480.00K USD 3 Qtrs
Repurchase of common stock for tax withholding obligations PaymentsForRepurchaseOfCommonStock $549.00K USD 3 Qtrs
Deferred offering costs PaymentsOfStockIssuanceCosts $1.22M USD 3 Qtrs
Deferred offering costs PaymentsOfStockIssuanceCosts $351.00K USD 3 Qtrs
Deferred financing costs PaymentsOfFinancingCosts $3.75M USD 3 Qtrs
Deferred financing costs PaymentsOfFinancingCosts $3.27M USD 3 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $351.07M USD 3 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $231.61M USD 3 Qtrs
Net change in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $8.59M USD 3 Qtrs
Net change in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-62.61M USD 3 Qtrs
Cash, cash equivalents and restricted cash at beginning of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $70.54M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $16.19M USD Point-in-time
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 $7.93M USD Point-in-time
Cash, cash equivalents and restricted cash at end of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $70.54M USD Point-in-time
Cash, cash equivalents and restricted cash at end of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $16.19M 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 $7.93M USD Point-in-time
Cash paid for interest, net InterestPaidNet $4.34M USD 3 Qtrs
Cash paid for interest, net InterestPaidNet $12.78M USD 3 Qtrs
Cash paid for income taxes IncomeTaxesPaid $45.00K USD 3 Qtrs
Cash paid for income taxes IncomeTaxesPaid $575.00K USD 3 Qtrs
Dividends declared and unpaid on restricted stock DividendsPayableCurrentAndNoncurrent $375.00K USD Point-in-time
Dividends declared and unpaid on restricted stock DividendsPayableCurrentAndNoncurrent $411.00K USD Point-in-time
Deferred offering costs included in accounts payable, accrued expenses and other liabilities DeferredFinancingCostsIncurredButNotYetPaid $34.00K USD 3 Qtrs
Deferred offering costs included in accounts payable, accrued expenses and other liabilities DeferredFinancingCostsIncurredButNotYetPaid - USD 3 Qtrs
Cash flow hedge change in fair value NoncashInvestingAndFinancingActivitiesUnrealizedGainLossOnDerivatives $21.44M USD 3 Qtrs
Cash flow hedge change in fair value NoncashInvestingAndFinancingActivitiesUnrealizedGainLossOnDerivatives $8.01M USD 3 Qtrs
Mortgage loan receivable settled in exchange for acquisition of real estate MortgageLoanReceivableSettledInExchange - USD 3 Qtrs
Mortgage loan receivable settled in exchange for acquisition of real estate MortgageLoanReceivableSettledInExchange $4.67M USD 3 Qtrs
Increase in mortgage loan receivable in exchange for disposition of real estate MortgageLoanRelatedToPropertySales1 - USD 3 Qtrs
Increase in mortgage loan receivable in exchange for disposition of real estate MortgageLoanRelatedToPropertySales1 $1.84M USD 3 Qtrs
Refinancing of mortgage loan receivable RefinancingOfMortgageLoanReceivable $1.33M USD 3 Qtrs
Refinancing of mortgage loan receivable RefinancingOfMortgageLoanReceivable - USD 3 Qtrs
Mortgage note assumed at fair value LiabilitiesAssumed1 - USD 3 Qtrs
Mortgage note assumed at fair value LiabilitiesAssumed1 $7.91M USD 3 Qtrs
Accrued capital expenditures and real estate development and improvement costs CapitalExpendituresIncurredButNotYetPaid $9.83M USD 3 Qtrs
Accrued capital expenditures and real estate development and improvement costs CapitalExpendituresIncurredButNotYetPaid $952.00K USD 3 Qtrs
Accrued lease incentives AccruedLeaseIncentivesIncurredButNotYetReceived $23.00K USD 3 Qtrs
Accrued lease incentives AccruedLeaseIncentivesIncurredButNotYetReceived $1.69M USD 3 Qtrs
Stockholders Equity 66 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $789.82M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.20B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.06B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $909.85M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.01B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $865.05M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.10B USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.23B USD Point-in-time
Issuance of stock StockIssuedDuringPeriodValueNewIssues $52.90M USD 1 Quarter
Issuance of stock StockIssuedDuringPeriodValueNewIssues $114.54M USD 1 Quarter
Issuance of stock StockIssuedDuringPeriodValueNewIssues $50.00M USD 1 Quarter
Issuance of stock StockIssuedDuringPeriodValueNewIssues $27.42M USD 1 Quarter
Issuance of stock StockIssuedDuringPeriodValueNewIssues $75.50M USD 1 Quarter
Issuance of stock StockIssuedDuringPeriodValueNewIssues $93.52M USD 1 Quarter
OP Units converted to common stock StockIssuedDuringPeriodValueConversionOfUnits - USD 1 Quarter
OP Units converted to common stock StockIssuedDuringPeriodValueConversionOfUnits - USD 1 Quarter
OP Units converted to common stock StockIssuedDuringPeriodValueConversionOfUnits - USD 1 Quarter
OP Units converted to common stock StockIssuedDuringPeriodValueConversionOfUnits - USD 1 Quarter
Dividends and distributions declared on common stock and OP Units DividendsCommonStockAndOPUnits $9.00M USD 1 Quarter
Dividends and distributions declared on common stock and OP Units DividendsCommonStockAndOPUnits $9.69M USD 1 Quarter
Dividends and distributions declared on common stock and OP Units DividendsCommonStockAndOPUnits $13.87M USD 1 Quarter
Dividends and distributions declared on common stock and OP Units DividendsCommonStockAndOPUnits $11.75M USD 1 Quarter
Dividends and distributions declared on common stock and OP Units DividendsCommonStockAndOPUnits $12.28M USD 1 Quarter
Dividends and distributions declared on common stock and OP Units DividendsCommonStockAndOPUnits $10.18M USD 1 Quarter
Dividends declared on restricted stock, net AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings $122.00K USD 1 Quarter
Dividends declared on restricted stock, net AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings $141.00K USD 1 Quarter
Dividends declared on restricted stock, net AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings $149.00K USD 1 Quarter
Dividends declared on restricted stock, net AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings $128.00K USD 1 Quarter
Dividends declared on restricted stock, net AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings $128.00K USD 1 Quarter
Dividends declared on restricted stock, net AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings $126.00K USD 1 Quarter
Vesting of restricted stock units StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures - USD 1 Quarter
Vesting of restricted stock units StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures - USD 1 Quarter
Vesting of restricted stock units StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures - USD 1 Quarter
Repurchase of common stock for tax withholding obligations AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $187.00K USD 1 Quarter
Repurchase of common stock for tax withholding obligations AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $360.00K USD 1 Quarter
Repurchase of common stock for tax withholding obligations AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $112.00K USD 1 Quarter
Repurchase of common stock for tax withholding obligations AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $8.00K USD 1 Quarter
Repurchase of common stock for tax withholding obligations AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $362.00K USD 1 Quarter
Stock-based compensation, net AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.30M USD 1 Quarter
Stock-based compensation, net AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.28M USD 1 Quarter
Stock-based compensation, net AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.31M USD 1 Quarter
Stock-based compensation, net AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.03M USD 1 Quarter
Stock-based compensation, net AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.04M USD 1 Quarter
Stock-based compensation, net AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.25M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-5.98M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $13.89M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $6.21M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $6.47M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $1.34M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $6.39M USD 1 Quarter
Net income (loss) ProfitLoss $4.24M USD 1 Quarter
Net income (loss) ProfitLoss $-792.00K USD 1 Quarter
Net income (loss) ProfitLoss $4.93M USD 3 Qtrs
Net income (loss) ProfitLoss $5.39M USD 3 Qtrs
Net income (loss) ProfitLoss $1.97M USD 1 Quarter
Net income (loss) ProfitLoss $1.48M USD 1 Quarter
Net income (loss) ProfitLoss $2.01M USD 1 Quarter
Net income (loss) ProfitLoss $1.42M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $789.82M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.20B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.06B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $909.85M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.01B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $865.05M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.10B USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.23B USD Point-in-time

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

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