10-Q Filing

ELME COMMUNITIES CIK: 104894 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0000104894-18-000066`
Period End Date	20180930
Filing Date	20181029
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	wre-20180930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 85 Income Statement 84 Cash Flow Statement 80 Stockholders Equity 16 Comprehensive Income 20

Balance Sheet 85 line items

Line Item	Tag	Value	Unit	Period
Rents and other receivables, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables`	$2.43M	USD	Point-in-time
Rents and other receivables, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables`	$2.93M	USD	Point-in-time
Preferred shares, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Land	`Land`	$614.66M	USD	Point-in-time
Land	`Land`	$588.02M	USD	Point-in-time
Preferred shares, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	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
Income producing property	`RentalProperties`	$2.11B	USD	Point-in-time
Income producing property	`RentalProperties`	$2.24B	USD	Point-in-time
Preferred shares, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Net income producing property, at cost	`RealEstateInvestmentPropertyAtCost`	$2.85B	USD	Point-in-time
Preferred shares, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Net income producing property, at cost	`RealEstateInvestmentPropertyAtCost`	$2.70B	USD	Point-in-time
Preferred shares, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$683.69M	USD	Point-in-time
Preferred shares, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$745.83M	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	`RealEstateInvestmentPropertyNet`	$2.11B	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	`RealEstateInvestmentPropertyNet`	$2.02B	USD	Point-in-time
Shares of beneficial interest, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	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`	$54.42M	USD	Point-in-time
Properties under development or held for future development	`DevelopmentInProcess`	$81.77M	USD	Point-in-time
Shares of beneficial interest, shares issued (in shares)	`CommonStockSharesIssued`	79.84M	shares	Point-in-time
Total real estate held for investment, net	`RealEstateInvestments`	$2.19B	USD	Point-in-time
Shares of beneficial interest, shares issued (in shares)	`CommonStockSharesIssued`	78.51M	shares	Point-in-time
Total real estate held for investment, net	`RealEstateInvestments`	$2.07B	USD	Point-in-time
Shares of beneficial interest, shares outstanding (in shares)	`CommonStockSharesOutstanding`	79.84M	shares	Point-in-time
Shares of beneficial interest, shares outstanding (in shares)	`CommonStockSharesOutstanding`	78.51M	shares	Point-in-time
Investment in real estate held for sale, net	`RealEstateHeldforsale`	$68.53M	USD	Point-in-time
Investment in real estate held for sale, net	`RealEstateHeldforsale`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.85M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.81M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.33M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$1.44M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$1.35M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$2.78M	USD	Point-in-time
Rents and other receivables, net of allowance for doubtful accounts of $2,927 and $2,426, respectively	`AccountsAndNotesReceivableNet`	$69.77M	USD	Point-in-time
Rents and other receivables, net of allowance for doubtful accounts of $2,927 and $2,426, respectively	`AccountsAndNotesReceivableNet`	$74.39M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$145.45M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$125.09M	USD	Point-in-time
Other assets related to properties held for sale	`DisposalGroupIncludingDiscontinuedOperationOtherCurrentAssets`	$10.68M	USD	Point-in-time
Other assets related to properties held for sale	`DisposalGroupIncludingDiscontinuedOperationOtherCurrentAssets`	-	USD	Point-in-time
Total assets	`Assets`	$2.36B	USD	Point-in-time
Total assets	`Assets`	$2.38B	USD	Point-in-time
Total assets	`Assets`	$2.42B	USD	Point-in-time
Notes payable, net	`NotesPayable`	$894.36M	USD	Point-in-time
Notes payable, net	`NotesPayable`	$995.13M	USD	Point-in-time
Mortgage notes payable, net	`SecuredDebt`	$95.14M	USD	Point-in-time
Mortgage notes payable, net	`SecuredDebt`	$60.54M	USD	Point-in-time
Line of credit	`LineOfCredit`	$166.00M	USD	Point-in-time
Line of credit	`LineOfCredit`	$183.00M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$63.68M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$61.56M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrentAndNoncurrent`	$23.58M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrentAndNoncurrent`	-	USD	Point-in-time
Advance rents	`AdvanceRent`	$10.60M	USD	Point-in-time
Advance rents	`AdvanceRent`	$12.49M	USD	Point-in-time
Tenant security deposits	`SecurityDepositLiability`	$9.86M	USD	Point-in-time
Tenant security deposits	`SecurityDepositLiability`	$9.15M	USD	Point-in-time
Other liabilities related to properties held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation`	$1.81M	USD	Point-in-time
Other liabilities related to properties held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation`	-	USD	Point-in-time
Total liabilities	`Liabilities`	$1.32B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.26B	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; 79,844 and 78,510 shares issued and outstanding, respectively	`CommonStockValue`	$785.00K	USD	Point-in-time
Shares of beneficial interest, $0.01 par value; 100,000 shares authorized; 79,844 and 78,510 shares issued and outstanding, respectively	`CommonStockValue`	$798.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$1.53B	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$1.48B	USD	Point-in-time
Distributions in excess of net income	`RetainedEarningsAccumulatedDeficit`	$-399.21M	USD	Point-in-time
Distributions in excess of net income	`RetainedEarningsAccumulatedDeficit`	$-450.75M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax`	$17.18M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax`	$9.42M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.09B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.09B	USD	Point-in-time
Noncontrolling interests in subsidiaries	`MinorityInterest`	$354.00K	USD	Point-in-time
Noncontrolling interests in subsidiaries	`MinorityInterest`	$365.00K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.10B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.09B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.42B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.36B	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Real estate rental revenue	`Revenues`	$82.82M	USD	1 Quarter
Real estate rental revenue	`Revenues`	$243.78M	USD	3 Qtrs
Real estate rental revenue	`Revenues`	$253.99M	USD	3 Qtrs
Real estate rental revenue	`Revenues`	$82.50M	USD	1 Quarter
Real estate expenses	`CostOfRevenue`	$87.97M	USD	3 Qtrs
Real estate expenses	`CostOfRevenue`	$28.57M	USD	1 Quarter
Real estate expenses	`CostOfRevenue`	$29.65M	USD	1 Quarter
Real estate expenses	`CostOfRevenue`	$86.20M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$83.27M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$90.12M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$27.94M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$30.27M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$5.33M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$5.27M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$16.71M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$16.74M	USD	3 Qtrs
Real estate impairment	`ImpairmentOfRealEstate`	$5.00M	USD	1 Quarter
Real estate impairment	`ImpairmentOfRealEstate`	$5.00M	USD	3 Qtrs
Real estate impairment	`ImpairmentOfRealEstate`	-	USD	1 Quarter
Real estate impairment	`ImpairmentOfRealEstate`	$1.89M	USD	3 Qtrs
Operating expenses	`OperatingExpenses`	$196.72M	USD	3 Qtrs
Operating expenses	`OperatingExpenses`	$191.18M	USD	3 Qtrs
Operating expenses	`OperatingExpenses`	$64.11M	USD	1 Quarter
Operating expenses	`OperatingExpenses`	$67.91M	USD	1 Quarter
Gain on sale of real estate	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	-	USD	3 Qtrs
Gain on sale of real estate	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	-	USD	1 Quarter
Gain on sale of real estate	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	$2.50M	USD	3 Qtrs
Gain on sale of real estate	`DisposalGroupNotDiscontinuedOperationGainLossOnDisposal`	-	USD	1 Quarter
Real estate operating income	`OperatingIncomeLoss`	$52.59M	USD	3 Qtrs
Real estate operating income	`OperatingIncomeLoss`	$14.90M	USD	1 Quarter
Real estate operating income	`OperatingIncomeLoss`	$18.39M	USD	1 Quarter
Real estate operating income	`OperatingIncomeLoss`	$59.77M	USD	3 Qtrs
Interest expense	`InterestExpense`	$12.50M	USD	1 Quarter
Interest expense	`InterestExpense`	$12.18M	USD	1 Quarter
Interest expense	`InterestExpense`	$35.63M	USD	3 Qtrs
Interest expense	`InterestExpense`	$38.65M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-1.18M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$84.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$209.00K	USD	3 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	-	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	-	USD	3 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-107.00K	USD	3 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-12.09M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-35.32M	USD	3 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-12.50M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-39.83M	USD	3 Qtrs
Net income	`ProfitLoss`	$17.27M	USD	3 Qtrs
Net income	`ProfitLoss`	$5.89M	USD	1 Quarter
Net income	`ProfitLoss`	$2.81M	USD	1 Quarter
Net income	`ProfitLoss`	$19.94M	USD	3 Qtrs
Less: Net loss attributable to noncontrolling interests in subsidiaries	`NetIncomeLossAttributableToNoncontrollingInterest`	$-20.00K	USD	1 Quarter
Less: Net loss attributable to noncontrolling interests in subsidiaries	`NetIncomeLossAttributableToNoncontrollingInterest`	$-56.00K	USD	3 Qtrs
Less: Net loss attributable to noncontrolling interests in subsidiaries	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	3 Qtrs
Less: Net loss attributable to noncontrolling interests in subsidiaries	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net income attributable to the controlling interests	`NetIncomeLoss`	$5.89M	USD	1 Quarter
Net income attributable to the controlling interests	`NetIncomeLoss`	$2.83M	USD	1 Quarter
Net income attributable to the controlling interests	`NetIncomeLoss`	$17.33M	USD	3 Qtrs
Net income attributable to the controlling interests	`NetIncomeLoss`	$19.94M	USD	3 Qtrs
Basic net income attributable to the controlling interests per common share (in dollars per share)	`EarningsPerShareBasic`	$0.25	USD	3 Qtrs
Basic net income attributable to the controlling interests per common share (in dollars per share)	`EarningsPerShareBasic`	$0.22	USD	3 Qtrs
Basic net income attributable to the controlling interests per common share (in dollars per share)	`EarningsPerShareBasic`	$0.07	USD	1 Quarter
Basic net income attributable to the controlling interests per common share (in dollars per share)	`EarningsPerShareBasic`	$0.04	USD	1 Quarter
Diluted net income attributable to the controlling interests per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.25	USD	3 Qtrs
Diluted net income attributable to the controlling interests per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.07	USD	1 Quarter
Diluted net income attributable to the controlling interests per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.22	USD	3 Qtrs
Diluted net income attributable to the controlling interests per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.04	USD	1 Quarter
Weighted average shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	79.08M	shares	1 Quarter
Weighted average shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	78.69M	shares	3 Qtrs
Weighted average shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	77.29M	shares	1 Quarter
Weighted average shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	76.29M	shares	3 Qtrs
Weighted average shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	79.24M	shares	1 Quarter
Weighted average shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	76.42M	shares	3 Qtrs
Weighted average shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	78.80M	shares	3 Qtrs
Weighted average shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	77.42M	shares	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.90	USD	3 Qtrs
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.90	USD	3 Qtrs
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.30	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.30	USD	1 Quarter

Cash Flow Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$17.27M	USD	3 Qtrs
Net income	`ProfitLoss`	$5.89M	USD	1 Quarter
Net income	`ProfitLoss`	$2.81M	USD	1 Quarter
Net income	`ProfitLoss`	$19.94M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$83.27M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$90.12M	USD	3 Qtrs
Provision for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$1.08M	USD	3 Qtrs
Provision for losses on accounts receivable	`ProvisionForDoubtfulAccounts`	$768.00K	USD	3 Qtrs
Real estate impairment	`ImpairmentOfLongLivedAssetsHeldForUse`	$5.00M	USD	3 Qtrs
Real estate impairment	`ImpairmentOfLongLivedAssetsHeldForUse`	$1.89M	USD	3 Qtrs
Gain on sale of real estate	`GainsLossesOnSalesOfInvestmentRealEstate`	$2.50M	USD	3 Qtrs
Gain on sale of real estate	`GainsLossesOnSalesOfInvestmentRealEstate`	-	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$3.56M	USD	3 Qtrs
Share-based compensation expense	`ShareBasedCompensation`	$5.06M	USD	3 Qtrs
Deferred tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-107.00K	USD	3 Qtrs
Deferred tax benefit	`DeferredIncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Amortization of debt premiums, discounts and related financing costs	`AmortizationOfFinancingCostsAndDiscounts`	$1.42M	USD	3 Qtrs
Amortization of debt premiums, discounts and related financing costs	`AmortizationOfFinancingCostsAndDiscounts`	$1.56M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-1.18M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Changes in operating other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$21.60M	USD	3 Qtrs
Changes in operating other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$9.23M	USD	3 Qtrs
Changes in operating other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.38M	USD	3 Qtrs
Changes in operating other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-8.23M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$100.87M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$93.97M	USD	3 Qtrs
Real estate acquisitions, net	`PaymentsToAcquireRealEstate`	$138.37M	USD	3 Qtrs
Real estate acquisitions, net	`PaymentsToAcquireRealEstate`	$106.40M	USD	3 Qtrs
Net cash received for sale of real estate	`ProceedsFromSaleOfRealEstateHeldforinvestment`	-	USD	3 Qtrs
Net cash received for sale of real estate	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$174.30M	USD	3 Qtrs
Capital improvements to real estate	`PaymentsForCapitalImprovements`	$35.19M	USD	3 Qtrs
Capital improvements to real estate	`PaymentsForCapitalImprovements`	$33.44M	USD	3 Qtrs
Development in progress	`PaymentsToDevelopRealEstateAssets`	$12.99M	USD	3 Qtrs
Development in progress	`PaymentsToDevelopRealEstateAssets`	$25.04M	USD	3 Qtrs
Payments for (Proceeds from) Deposits on Real Estate Acquisitions	`PaymentsForProceedsFromDepositsOnRealEstateAcquisitions`	$-775.00K	USD	3 Qtrs
Payments for (Proceeds from) Deposits on Real Estate Acquisitions	`PaymentsForProceedsFromDepositsOnRealEstateAcquisitions`	-	USD	3 Qtrs
Non-real estate capital improvements	`PaymentsToAcquireProductiveAssets`	$626.00K	USD	3 Qtrs
Non-real estate capital improvements	`PaymentsToAcquireProductiveAssets`	$3.31M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-189.08M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$8.80M	USD	3 Qtrs
Line of credit borrowings, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$17.00M	USD	3 Qtrs
Line of credit borrowings, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$69.00M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$91.67M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$95.06M	USD	3 Qtrs
Principal payments mortgage notes payable	`RepaymentsOfSecuredDebt`	$51.81M	USD	3 Qtrs
Principal payments mortgage notes payable	`RepaymentsOfSecuredDebt`	$169.48M	USD	3 Qtrs
Repayments of unsecured term loan debt	`RepaymentsOfUnsecuredDebt`	-	USD	3 Qtrs
Repayments of unsecured term loan debt	`RepaymentsOfUnsecuredDebt`	$150.00M	USD	3 Qtrs
Proceeds from term loan	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$250.00M	USD	3 Qtrs
Proceeds from term loan	`ProceedsFromRepaymentsOfOtherLongTermDebt`	$50.00M	USD	3 Qtrs
Payment of financing costs	`PaymentOfFinancingAndStockIssuanceCosts`	$234.00K	USD	3 Qtrs
Payment of financing costs	`PaymentOfFinancingAndStockIssuanceCosts`	$5.57M	USD	3 Qtrs
Distributions to noncontrolling interests	`PaymentsToMinorityShareholders`	$67.00K	USD	3 Qtrs
Distributions to noncontrolling interests	`PaymentsToMinorityShareholders`	$11.00K	USD	3 Qtrs
Proceeds from dividend reinvestment program	`ProceedsFromOtherEquity`	$2.48M	USD	3 Qtrs
Proceeds from dividend reinvestment program	`ProceedsFromOtherEquity`	$1.81M	USD	3 Qtrs
Net proceeds from equity issuances	`ProceedsFromIssuanceOfCommonStock`	$113.22M	USD	3 Qtrs
Net proceeds from equity issuances	`ProceedsFromIssuanceOfCommonStock`	$35.47M	USD	3 Qtrs
Payment of tax withholdings for restricted share awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$671.00K	USD	3 Qtrs
Payment of tax withholdings for restricted share awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$301.00K	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$90.25M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-116.13M	USD	3 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-4.85M	USD	3 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-6.46M	USD	3 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$12.62M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.16M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$17.62M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$12.77M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$12.62M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.16M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$17.62M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$12.77M	USD	Point-in-time
Cash paid for interest, net of amounts capitalized	`InterestPaidNet`	$29.19M	USD	3 Qtrs
Cash paid for interest, net of amounts capitalized	`InterestPaidNet`	$32.02M	USD	3 Qtrs
Change in accrued capital improvements and development costs	`CapitalExpendituresIncurredButNotYetPaid`	$6.35M	USD	3 Qtrs
Change in accrued capital improvements and development costs	`CapitalExpendituresIncurredButNotYetPaid`	$3.96M	USD	3 Qtrs
Operating partnership units issued with acquisition	`BusinessAcquisitionEquityInterestIssuedOrIssuableValueAssigned`	$376.00K	USD	Point-in-time
Operating partnership units issued with acquisition	`BusinessAcquisitionEquityInterestIssuedOrIssuableValueAssigned`	-	USD	Point-in-time

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.10B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.09B	USD	Point-in-time
Net income attributable to the controlling interests	`NetIncomeLoss`	$5.89M	USD	1 Quarter
Net income attributable to the controlling interests	`NetIncomeLoss`	$2.83M	USD	1 Quarter
Net income attributable to the controlling interests	`NetIncomeLoss`	$17.33M	USD	3 Qtrs
Net income attributable to the controlling interests	`NetIncomeLoss`	$19.94M	USD	3 Qtrs
Unrealized gain on interest rate hedges	`OtherComprehensiveIncomeLossNetOfTax`	$7.76M	USD	3 Qtrs
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$11.00K	USD	3 Qtrs
Dividends	`Dividends`	$71.48M	USD	3 Qtrs
Stock Issued During Period, Value, New Issues	`StockIssuedDuringPeriodValueNewIssues`	$35.47M	USD	3 Qtrs
Shares issued under dividend reinvestment program (in shares)	`StockIssuedDuringPeriodSharesDividendReinvestmentPlan`	18,000.00	shares	1 Quarter
Shares issued under dividend reinvestment program	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$1.81M	USD	3 Qtrs
Shares issued under dividend reinvestment program	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$600.00K	USD	1 Quarter
Share grants, net of forfeitures and tax withholdings	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$4.88M	USD	3 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.10B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.09B	USD	Point-in-time

Comprehensive Income 20 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$17.27M	USD	3 Qtrs
Net income	`ProfitLoss`	$5.89M	USD	1 Quarter
Net income	`ProfitLoss`	$2.81M	USD	1 Quarter
Net income	`ProfitLoss`	$19.94M	USD	3 Qtrs
Unrealized gain (loss) on interest rate hedges	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesBeforeTaxPortionAttributableToParent`	$-763.00K	USD	3 Qtrs
Unrealized gain (loss) on interest rate hedges	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesBeforeTaxPortionAttributableToParent`	$-9.00K	USD	1 Quarter
Unrealized gain (loss) on interest rate hedges	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesBeforeTaxPortionAttributableToParent`	$1.47M	USD	1 Quarter
Unrealized gain (loss) on interest rate hedges	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesBeforeTaxPortionAttributableToParent`	$7.76M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$16.51M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$7.37M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$27.70M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.80M	USD	1 Quarter
Less: Comprehensive loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-20.00K	USD	1 Quarter
Less: Comprehensive loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-56.00K	USD	3 Qtrs
Less: Comprehensive loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	3 Qtrs
Less: Comprehensive loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Comprehensive income attributable to the controlling interests	`ComprehensiveIncomeNetOfTax`	$7.37M	USD	1 Quarter
Comprehensive income attributable to the controlling interests	`ComprehensiveIncomeNetOfTax`	$2.82M	USD	1 Quarter
Comprehensive income attributable to the controlling interests	`ComprehensiveIncomeNetOfTax`	$27.70M	USD	3 Qtrs
Comprehensive income attributable to the controlling interests	`ComprehensiveIncomeNetOfTax`	$16.57M	USD	3 Qtrs

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