10-Q Filing

ELME COMMUNITIES CIK: 104894 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0000104894-17-000066`
Period End Date	20170630
Filing Date	20170731
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	wre-20170630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 85 Income Statement 85 Cash Flow Statement 77 Stockholders Equity 19 Comprehensive Income 20

Balance Sheet 85 line items

Line Item	Tag	Value	Unit	Period
Rents and other receivables, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables`	$2.38M	USD	Point-in-time
Rents and other receivables, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables`	$2.27M	USD	Point-in-time
Land	`Land`	$573.32M	USD	Point-in-time
Land	`Land`	$616.44M	USD	Point-in-time
Preferred shares, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred shares, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Income producing property	`RentalProperties`	$2.11B	USD	Point-in-time
Income producing property	`RentalProperties`	$2.20B	USD	Point-in-time
Preferred shares, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred shares, shares authorized (in shares)	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Real estate investment property, at cost	`RealEstateInvestmentPropertyAtCost`	$2.69B	USD	Point-in-time
Preferred shares, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Real estate investment property, at cost	`RealEstateInvestmentPropertyAtCost`	$2.82B	USD	Point-in-time
Preferred shares, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$657.42M	USD	Point-in-time
Preferred shares, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$691.51M	USD	Point-in-time
Preferred shares, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Net income producing property	`RealEstateInvestments`	$2.03B	USD	Point-in-time
Shares of beneficial interest, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Shares of beneficial interest, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Net income producing property	`RealEstateInvestments`	$2.13B	USD	Point-in-time
Shares of beneficial interest, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Properties under development or held for future development	`DevelopmentInProcess`	$40.23M	USD	Point-in-time
Shares of beneficial interest, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Properties under development or held for future development	`DevelopmentInProcess`	$46.15M	USD	Point-in-time
Shares of beneficial interest, shares issued (in shares)	`CommonStockSharesIssued`	74.61M	shares	Point-in-time
Total real estate held for investment, net	`RealEstateInvestmentPropertyNet`	$2.07B	USD	Point-in-time
Shares of beneficial interest, shares issued (in shares)	`CommonStockSharesIssued`	76.93M	shares	Point-in-time
Total real estate held for investment, net	`RealEstateInvestmentPropertyNet`	$2.17B	USD	Point-in-time
Investment in real estate sold or held for sale, net	`RealEstateHeldforsale`	-	USD	Point-in-time
Shares of beneficial interest, shares outstanding (in shares)	`CommonStockSharesOutstanding`	74.61M	shares	Point-in-time
Investment in real estate sold or held for sale, net	`RealEstateHeldforsale`	$6.98M	USD	Point-in-time
Shares of beneficial interest, shares outstanding (in shares)	`CommonStockSharesOutstanding`	76.93M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$13.24M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$23.82M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$22.38M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$1.51M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$6.32M	USD	Point-in-time
Rents and other receivables, net of allowance for doubtful accounts of $2,274 and $2,377, respectively	`AccountsAndNotesReceivableNet`	$64.32M	USD	Point-in-time
Rents and other receivables, net of allowance for doubtful accounts of $2,274 and $2,377, respectively	`AccountsAndNotesReceivableNet`	$72.15M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$121.00M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$103.47M	USD	Point-in-time
Other assets related to properties sold or held for sale	`DisposalGroupIncludingDiscontinuedOperationOtherCurrentAssets`	$303.00K	USD	Point-in-time
Other assets related to properties sold or held for sale	`DisposalGroupIncludingDiscontinuedOperationOtherCurrentAssets`	-	USD	Point-in-time
Total assets	`Assets`	$2.25B	USD	Point-in-time
Total assets	`Assets`	$2.39B	USD	Point-in-time
Total assets	`Assets`	$2.31B	USD	Point-in-time
Notes payable, net	`NotesPayable`	$843.08M	USD	Point-in-time
Notes payable, net	`NotesPayable`	$893.76M	USD	Point-in-time
Mortgage notes payable, net	`SecuredDebt`	$96.93M	USD	Point-in-time
Mortgage notes payable, net	`SecuredDebt`	$148.54M	USD	Point-in-time
Lines of credit	`LineOfCredit`	$228.00M	USD	Point-in-time
Lines of credit	`LineOfCredit`	$120.00M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$60.16M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$46.97M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrentAndNoncurrent`	-	USD	Point-in-time
Dividend payable	`DividendsPayableCurrentAndNoncurrent`	$22.41M	USD	Point-in-time
Advance rents	`AdvanceRent`	$11.96M	USD	Point-in-time
Advance rents	`AdvanceRent`	$11.75M	USD	Point-in-time
Tenant security deposits	`SecurityDepositLiability`	$9.26M	USD	Point-in-time
Tenant security deposits	`SecurityDepositLiability`	$8.80M	USD	Point-in-time
Liabilities related to properties sold or held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation`	-	USD	Point-in-time
Liabilities related to properties sold or held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation`	$322.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$1.30B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.20B	USD	Point-in-time
Preferred shares; $0.01 par value; 10,000 shares authorized; no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred shares; $0.01 par value; 10,000 shares authorized; no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Shares of beneficial interest, $0.01 par value; 100,000 shares authorized; 76,926 and 74,606 shares issued and outstanding, respectively	`CommonStockValue`	$746.00K	USD	Point-in-time
Shares of beneficial interest, $0.01 par value; 100,000 shares authorized; 76,926 and 74,606 shares issued and outstanding, respectively	`CommonStockValue`	$769.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$1.44B	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$1.37B	USD	Point-in-time
Distributions in excess of net income	`RetainedEarningsAccumulatedDeficit`	$-326.05M	USD	Point-in-time
Distributions in excess of net income	`RetainedEarningsAccumulatedDeficit`	$-357.31M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax`	$7.61M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax`	$6.86M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.05B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.09B	USD	Point-in-time
Noncontrolling interests in subsidiaries	`MinorityInterest`	$1.40M	USD	Point-in-time
Noncontrolling interests in subsidiaries	`MinorityInterest`	$1.12M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.09B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.05B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.39B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.25B	USD	Point-in-time

Income Statement 85 line items

Line Item	Tag	Value	Unit	Period
Real estate rental revenue	`RealEstateRevenueNet`	$160.96M	USD	2 Qtrs
Real estate rental revenue	`RealEstateRevenueNet`	$83.46M	USD	1 Quarter
Real estate rental revenue	`RealEstateRevenueNet`	$156.54M	USD	2 Qtrs
Real estate rental revenue	`RealEstateRevenueNet`	$79.41M	USD	1 Quarter
Real estate expenses	`CostOfRealEstateRevenue`	$56.91M	USD	2 Qtrs
Real estate expenses	`CostOfRealEstateRevenue`	$28.18M	USD	1 Quarter
Real estate expenses	`CostOfRealEstateRevenue`	$56.55M	USD	2 Qtrs
Real estate expenses	`CostOfRealEstateRevenue`	$28.69M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$55.33M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$25.16M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$51.20M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$29.26M	USD	1 Quarter
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	$1.02M	USD	1 Quarter
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	2 Qtrs
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	$1.18M	USD	2 Qtrs
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$5.76M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$4.97M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$11.38M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$10.48M	USD	2 Qtrs
Casualty gain	`Casualtygainandrealestateimpairmentlossnet`	$-676.00K	USD	1 Quarter
Casualty gain	`Casualtygainandrealestateimpairmentlossnet`	-	USD	1 Quarter
Casualty gain	`Casualtygainandrealestateimpairmentlossnet`	-	USD	2 Qtrs
Casualty gain	`Casualtygainandrealestateimpairmentlossnet`	$-676.00K	USD	2 Qtrs
Operating Expenses	`OperatingExpenses`	$58.65M	USD	1 Quarter
Operating Expenses	`OperatingExpenses`	$63.71M	USD	1 Quarter
Operating Expenses	`OperatingExpenses`	$123.27M	USD	2 Qtrs
Operating Expenses	`OperatingExpenses`	$119.09M	USD	2 Qtrs
Gain on sale of real estate	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$24.11M	USD	1 Quarter
Gain on sale of real estate	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	-	USD	2 Qtrs
Gain on sale of real estate	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$24.11M	USD	2 Qtrs
Gain on sale of real estate	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$101.70M	USD	Annual
Gain on sale of real estate	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	-	USD	1 Quarter
Real estate operating income	`OperatingIncomeLoss`	$37.69M	USD	2 Qtrs
Real estate operating income	`OperatingIncomeLoss`	$19.75M	USD	1 Quarter
Real estate operating income	`OperatingIncomeLoss`	$44.87M	USD	1 Quarter
Real estate operating income	`OperatingIncomeLoss`	$61.56M	USD	2 Qtrs
Interest expense	`InterestExpense`	$23.46M	USD	2 Qtrs
Interest expense	`InterestExpense`	$12.05M	USD	1 Quarter
Interest expense	`InterestExpense`	$28.18M	USD	2 Qtrs
Interest expense	`InterestExpense`	$13.82M	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$83.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$48.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$125.00K	USD	2 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$122.00K	USD	2 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$-693.00K	USD	2 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$-107.00K	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-693.00K	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-107.00K	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-11.90M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-13.04M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-23.23M	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-27.36M	USD	2 Qtrs
Net income	`ProfitLoss`	$34.20M	USD	2 Qtrs
Net income	`ProfitLoss`	$14.46M	USD	2 Qtrs
Net income	`ProfitLoss`	$7.85M	USD	1 Quarter
Net income	`ProfitLoss`	$31.82M	USD	1 Quarter
Less: Net loss attributable to noncontrolling interests in subsidiaries	`NetIncomeLossAttributableToNoncontrollingInterest`	$-36.00K	USD	2 Qtrs
Less: Net loss attributable to noncontrolling interests in subsidiaries	`NetIncomeLossAttributableToNoncontrollingInterest`	$-17.00K	USD	1 Quarter
Less: Net loss attributable to noncontrolling interests in subsidiaries	`NetIncomeLossAttributableToNoncontrollingInterest`	$-15.00K	USD	1 Quarter
Less: Net loss attributable to noncontrolling interests in subsidiaries	`NetIncomeLossAttributableToNoncontrollingInterest`	$-20.00K	USD	2 Qtrs
Net income attributable to the controlling interests	`NetIncomeLoss`	$31.84M	USD	1 Quarter
Net income attributable to the controlling interests	`NetIncomeLoss`	$34.22M	USD	2 Qtrs
Net income attributable to the controlling interests	`NetIncomeLoss`	$14.50M	USD	2 Qtrs
Net income attributable to the controlling interests	`NetIncomeLoss`	$7.86M	USD	1 Quarter
Net income per share (in dollars per share)	`EarningsPerShareBasic`	$0.10	USD	1 Quarter
Net income per share (in dollars per share)	`EarningsPerShareBasic`	$0.44	USD	1 Quarter
Net income per share (in dollars per share)	`EarningsPerShareBasic`	$0.19	USD	2 Qtrs
Net income per share (in dollars per share)	`EarningsPerShareBasic`	$0.49	USD	2 Qtrs
Net income per share (in dollars per share)	`EarningsPerShareDiluted`	$0.49	USD	2 Qtrs
Net income per share (in dollars per share)	`EarningsPerShareDiluted`	$0.44	USD	1 Quarter
Net income per share (in dollars per share)	`EarningsPerShareDiluted`	$0.19	USD	2 Qtrs
Net income per share (in dollars per share)	`EarningsPerShareDiluted`	$0.10	USD	1 Quarter
Weighted average shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	75.78M	shares	2 Qtrs
Weighted average shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	71.72M	shares	1 Quarter
Weighted average shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	70.01M	shares	2 Qtrs
Weighted average shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	76.70M	shares	1 Quarter
Weighted average shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	75.90M	shares	2 Qtrs
Weighted average shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	70.20M	shares	2 Qtrs
Weighted average shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	71.91M	shares	1 Quarter
Weighted average shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	76.83M	shares	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.60	USD	2 Qtrs
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.30	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.60	USD	2 Qtrs
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.30	USD	1 Quarter

Cash Flow Statement 77 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$34.20M	USD	2 Qtrs
Net income	`ProfitLoss`	$14.46M	USD	2 Qtrs
Net income	`ProfitLoss`	$7.85M	USD	1 Quarter
Net income	`ProfitLoss`	$31.82M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$55.33M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$51.20M	USD	2 Qtrs
Provision for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$470.00K	USD	2 Qtrs
Provision for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$708.00K	USD	2 Qtrs
Casualty gain	`Casualtygainandrealestateimpairmentlossnet`	$-676.00K	USD	1 Quarter
Casualty gain	`Casualtygainandrealestateimpairmentlossnet`	-	USD	1 Quarter
Casualty gain	`Casualtygainandrealestateimpairmentlossnet`	-	USD	2 Qtrs
Casualty gain	`Casualtygainandrealestateimpairmentlossnet`	$-676.00K	USD	2 Qtrs
Gain on sale of real estate	`GainsLossesOnSalesOfInvestmentRealEstate`	$24.11M	USD	2 Qtrs
Gain on sale of real estate	`GainsLossesOnSalesOfInvestmentRealEstate`	-	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$2.42M	USD	2 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$2.35M	USD	2 Qtrs
Deferred tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-732.00K	USD	2 Qtrs
Deferred tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-107.00K	USD	2 Qtrs
Amortization of debt premiums, discounts and related financing costs	`AmortizationOfFinancingCostsAndDiscounts`	$948.00K	USD	2 Qtrs
Amortization of debt premiums, discounts and related financing costs	`AmortizationOfFinancingCostsAndDiscounts`	$1.60M	USD	2 Qtrs
Changes in operating other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$10.95M	USD	2 Qtrs
Changes in operating other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$983.00K	USD	2 Qtrs
Changes in operating other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.85M	USD	2 Qtrs
Changes in operating other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.37M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$65.35M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$61.26M	USD	2 Qtrs
Real estate acquisitions, net	`PaymentsToAcquireRealEstate`	$138.37M	USD	2 Qtrs
Real estate acquisitions, net	`PaymentsToAcquireRealEstate`	$227.41M	USD	2 Qtrs
Net cash received for sale of real estate	`ProceedsFromSaleOfRealEstateHeldforinvestment`	-	USD	2 Qtrs
Net cash received for sale of real estate	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$119.51M	USD	2 Qtrs
Capital improvements to real estate	`PaymentsForCapitalImprovements`	$16.36M	USD	2 Qtrs
Capital improvements to real estate	`PaymentsForCapitalImprovements`	$23.92M	USD	2 Qtrs
Development in progress	`PaymentsToDevelopRealEstateAssets`	$7.29M	USD	2 Qtrs
Development in progress	`PaymentsToDevelopRealEstateAssets`	$18.00M	USD	2 Qtrs
Cash released from replacement reserve escrows, net	`IncreaseDecreaseInRestrictedCash`	$-2.00M	USD	2 Qtrs
Cash released from replacement reserve escrows, net	`IncreaseDecreaseInRestrictedCash`	$-4.62M	USD	2 Qtrs
Insurance proceeds	`ProceedsFromInsuranceSettlementInvestingActivities`	-	USD	2 Qtrs
Insurance proceeds	`ProceedsFromInsuranceSettlementInvestingActivities`	$883.00K	USD	2 Qtrs
Non-real estate capital improvements	`PaymentsToAcquireProductiveAssets`	$42.00K	USD	2 Qtrs
Non-real estate capital improvements	`PaymentsToAcquireProductiveAssets`	$1.95M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-166.91M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-139.41M	USD	2 Qtrs
Line of credit borrowings, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$164.00M	USD	2 Qtrs
Line of credit borrowings, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$108.00M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$68.17M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividends`	$63.28M	USD	2 Qtrs
Principal payments mortgage notes payable	`RepaymentsOfSecuredDebt`	$51.08M	USD	2 Qtrs
Principal payments mortgage notes payable	`RepaymentsOfSecuredDebt`	$166.22M	USD	2 Qtrs
Proceeds from term loan	`ProceedsFromRepaymentsOfOtherLongTermDebt`	-	USD	2 Qtrs
Proceeds from term loan	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$50.00M	USD	2 Qtrs
Payment of financing costs	`PaymentOfFinancingAndStockIssuanceCosts`	$236.00K	USD	2 Qtrs
Payment of financing costs	`PaymentOfFinancingAndStockIssuanceCosts`	$234.00K	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsToMinorityShareholders`	$110.00K	USD	2 Qtrs
Distributions to noncontrolling interests	`PaymentsToMinorityShareholders`	$59.00K	USD	2 Qtrs
Proceeds from dividend reinvestment program	`ProceedsFromOtherEquity`	-	USD	2 Qtrs
Proceeds from dividend reinvestment program	`ProceedsFromOtherEquity`	$1.80M	USD	2 Qtrs
Net proceeds from equity issuances	`ProceedsFromIssuanceOfCommonStock`	$63.91M	USD	2 Qtrs
Net proceeds from equity issuances	`ProceedsFromIssuanceOfCommonStock`	$143.36M	USD	2 Qtrs
Payment of tax withholdings for restricted share awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$666.00K	USD	2 Qtrs
Payment of tax withholdings for restricted share awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$809.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$103.50M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$76.70M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-1.45M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$1.93M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$13.24M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$11.30M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$23.82M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$22.38M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$13.24M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$11.30M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$23.82M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$22.38M	USD	Point-in-time
Cash paid for interest, net of amounts capitalized	`InterestPaidNet`	$27.15M	USD	2 Qtrs
Cash paid for interest, net of amounts capitalized	`InterestPaidNet`	$22.67M	USD	2 Qtrs
Change in accrued capital improvements and development costs	`CapitalExpendituresIncurredButNotYetPaid`	$1.09M	USD	2 Qtrs
Change in accrued capital improvements and development costs	`CapitalExpendituresIncurredButNotYetPaid`	$3.47M	USD	2 Qtrs
Business Acquisition, Equity Interest Issued or Issuable, Value Assigned	`BusinessAcquisitionEquityInterestIssuedOrIssuableValueAssigned`	$376.00K	USD	Point-in-time

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.09B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.05B	USD	Point-in-time
Net income attributable to the controlling interests	`NetIncomeLoss`	$31.84M	USD	1 Quarter
Net income attributable to the controlling interests	`NetIncomeLoss`	$34.22M	USD	2 Qtrs
Net income attributable to the controlling interests	`NetIncomeLoss`	$14.50M	USD	2 Qtrs
Net income attributable to the controlling interests	`NetIncomeLoss`	$7.86M	USD	1 Quarter
Net loss attributable to the noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-36.00K	USD	2 Qtrs
Net loss attributable to the noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-17.00K	USD	1 Quarter
Net loss attributable to the noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-15.00K	USD	1 Quarter
Net loss attributable to the noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-20.00K	USD	2 Qtrs
Unrealized loss on interest rate hedge	`OtherComprehensiveIncomeLossNetOfTax`	$-754.00K	USD	2 Qtrs
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$59.00K	USD	2 Qtrs
Contributions from noncontrolling interests	`ContributionsFromNoncontrollingInterest`	$376.00K	USD	2 Qtrs
Dividends	`Dividends`	$45.76M	USD	2 Qtrs
Equity offerings, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$63.91M	USD	2 Qtrs
Shares issued under dividend reinvestment program	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$1.80M	USD	2 Qtrs
Share grants, net of share grant amortization, forfeitures and tax withholdings	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$1.68M	USD	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.09B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.05B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$34.20M	USD	2 Qtrs
Net income	`ProfitLoss`	$14.46M	USD	2 Qtrs
Net income	`ProfitLoss`	$7.85M	USD	1 Quarter
Net income	`ProfitLoss`	$31.82M	USD	1 Quarter
Unrealized loss on interest rate hedges	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesBeforeTaxPortionAttributableToParent`	$-1.38M	USD	1 Quarter
Unrealized loss on interest rate hedges	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesBeforeTaxPortionAttributableToParent`	$-5.06M	USD	2 Qtrs
Unrealized loss on interest rate hedges	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesBeforeTaxPortionAttributableToParent`	$-754.00K	USD	2 Qtrs
Unrealized loss on interest rate hedges	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesBeforeTaxPortionAttributableToParent`	$-1.49M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$6.36M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$29.14M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$13.71M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$30.44M	USD	1 Quarter
Less: Comprehensive loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-36.00K	USD	2 Qtrs
Less: Comprehensive loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-17.00K	USD	1 Quarter
Less: Comprehensive loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-15.00K	USD	1 Quarter
Less: Comprehensive loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-20.00K	USD	2 Qtrs
Comprehensive income attributable to the controlling interests	`ComprehensiveIncomeNetOfTax`	$13.74M	USD	2 Qtrs
Comprehensive income attributable to the controlling interests	`ComprehensiveIncomeNetOfTax`	$6.38M	USD	1 Quarter
Comprehensive income attributable to the controlling interests	`ComprehensiveIncomeNetOfTax`	$29.16M	USD	2 Qtrs
Comprehensive income attributable to the controlling interests	`ComprehensiveIncomeNetOfTax`	$30.45M	USD	1 Quarter

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