10-Q Filing

ELME COMMUNITIES CIK: 104894 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0000104894-20-000056`
Period End Date	20200331
Filing Date	20200427
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	wre-331202010xq_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 85 Income Statement 46 Cash Flow Statement 64 Stockholders Equity 23 Comprehensive Income 10

Balance Sheet 85 line items

Line Item	Tag	Value	Unit	Period
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
Land	`Land`	$566.81M	USD	Point-in-time
Land	`Land`	$574.02M	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
Preferred shares, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Income producing property	`RentalProperties`	$2.39B	USD	Point-in-time
Preferred shares, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Income producing property	`RentalProperties`	$2.44B	USD	Point-in-time
Net income producing property, at cost	`RealEstateInvestmentPropertyAtCost`	$2.96B	USD	Point-in-time
Preferred shares, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Net income producing property, at cost	`RealEstateInvestmentPropertyAtCost`	$3.02B	USD	Point-in-time
Preferred shares, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Shares of beneficial interest, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$693.61M	USD	Point-in-time
Accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$719.45M	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`	$2.27B	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
Net income producing property	`RealEstateInvestmentPropertyNet`	$2.30B	USD	Point-in-time
Properties under development or held for future development	`DevelopmentInProcess`	$89.79M	USD	Point-in-time
Shares of beneficial interest, shares issued (in shares)	`CommonStockSharesIssued`	82.31M	shares	Point-in-time
Shares of beneficial interest, shares issued (in shares)	`CommonStockSharesIssued`	82.10M	shares	Point-in-time
Properties under development or held for future development	`DevelopmentInProcess`	$124.19M	USD	Point-in-time
Total real estate held for investment, net	`RealEstateInvestments`	$2.39B	USD	Point-in-time
Total real estate held for investment, net	`RealEstateInvestments`	$2.39B	USD	Point-in-time
Shares of beneficial interest, shares outstanding (in shares)	`CommonStockSharesOutstanding`	82.10M	shares	Point-in-time
Shares of beneficial interest, shares outstanding (in shares)	`CommonStockSharesOutstanding`	82.31M	shares	Point-in-time
Investment in real estate held for sale, net	`RealEstateHeldforsale`	$57.03M	USD	Point-in-time
Investment in real estate held for sale, net	`RealEstateHeldforsale`	$57.03M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$20.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$12.03M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$12.94M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$1.37M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$1.81M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$634.00K	USD	Point-in-time
Rents and other receivables	`AccountsAndNotesReceivableNet`	$65.26M	USD	Point-in-time
Rents and other receivables	`AccountsAndNotesReceivableNet`	$64.62M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$84.72M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$95.15M	USD	Point-in-time
Other assets related to properties held for sale	`DisposalGroupIncludingDiscontinuedOperationOtherAssets`	$6.34M	USD	Point-in-time
Other assets related to properties held for sale	`DisposalGroupIncludingDiscontinuedOperationOtherAssets`	$6.12M	USD	Point-in-time
Total assets	`Assets`	$2.63B	USD	Point-in-time
Total assets	`Assets`	$2.62B	USD	Point-in-time
Total assets	`Assets`	$2.41B	USD	Point-in-time
Notes payable, net	`NotesPayable`	$997.08M	USD	Point-in-time
Notes payable, net	`NotesPayable`	$996.72M	USD	Point-in-time
Mortgage notes payable, net	`SecuredDebt`	$47.07M	USD	Point-in-time
Mortgage notes payable, net	`SecuredDebt`	-	USD	Point-in-time
Line of credit	`LineOfCredit`	$56.00M	USD	Point-in-time
Line of credit	`LineOfCredit`	$148.00M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$98.97M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$71.14M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrentAndNoncurrent`	-	USD	Point-in-time
Dividend payable	`DividendsPayableCurrentAndNoncurrent`	$24.67M	USD	Point-in-time
Advance rents	`AdvanceRent`	$9.35M	USD	Point-in-time
Advance rents	`AdvanceRent`	$8.68M	USD	Point-in-time
Tenant security deposits	`SecurityDepositLiability`	$10.60M	USD	Point-in-time
Tenant security deposits	`SecurityDepositLiability`	$10.88M	USD	Point-in-time
Other liabilities related to properties held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation`	$875.00K	USD	Point-in-time
Other liabilities related to properties held for sale	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation`	$718.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$1.22B	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; 82,315 and 82,099 shares issued and outstanding, as of March 31, 2020 and December 31, 2019, respectively	`CommonStockValue`	$821.00K	USD	Point-in-time
Shares of beneficial interest, $0.01 par value; 100,000 shares authorized; 82,315 and 82,099 shares issued and outstanding, as of March 31, 2020 and December 31, 2019, respectively	`CommonStockValue`	$823.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$1.60B	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$1.59B	USD	Point-in-time
Distributions in excess of net income	`AccumulatedDistributionsInExcessOfNetIncome`	$206.51M	USD	Point-in-time
Distributions in excess of net income	`AccumulatedDistributionsInExcessOfNetIncome`	$183.41M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-32.74M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$1.82M	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.41B	USD	Point-in-time
Total shareholders equity	`StockholdersEquity`	$1.36B	USD	Point-in-time
Noncontrolling interests in subsidiaries	`MinorityInterest`	$336.00K	USD	Point-in-time
Noncontrolling interests in subsidiaries	`MinorityInterest`	$333.00K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.04B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.41B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.07B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.36B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.62B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.63B	USD	Point-in-time

Income Statement 46 line items

Line Item	Tag	Value	Unit	Period
Real estate rental revenue	`Revenues`	$71.43M	USD	1 Quarter
Real estate rental revenue	`Revenues`	$76.79M	USD	1 Quarter
Real estate expenses	`CostOfRevenue`	$26.14M	USD	1 Quarter
Real estate expenses	`CostOfRevenue`	$28.64M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$29.72M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$27.06M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$6.34M	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$7.81M	USD	1 Quarter
Real estate impairment	`ImpairmentOfRealEstate`	$8.37M	USD	1 Quarter
Real estate impairment	`ImpairmentOfRealEstate`	-	USD	1 Quarter
Expenses	`CostsAndExpenses`	$64.70M	USD	1 Quarter
Expenses	`CostsAndExpenses`	$69.38M	USD	1 Quarter
Real estate operating income	`OperatingIncomeLoss`	$12.10M	USD	1 Quarter
Real estate operating income	`OperatingIncomeLoss`	$2.05M	USD	1 Quarter
Interest expense	`InterestExpense`	$10.85M	USD	1 Quarter
Interest expense	`InterestExpense`	$12.50M	USD	1 Quarter
Gain on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Gain on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$468.00K	USD	1 Quarter
Other expense	`InterestAndDebtExpense`	$10.38M	USD	1 Quarter
Other expense	`InterestAndDebtExpense`	$12.50M	USD	1 Quarter
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-10.44M	USD	1 Quarter
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$1.72M	USD	1 Quarter
Income from operations of properties sold or held for sale	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	1 Quarter
Income from operations of properties sold or held for sale	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$6.04M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$1.72M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-4.41M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests in subsidiaries	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Net income attributable to noncontrolling interests in subsidiaries	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net income (loss) attributable to the controlling interests	`NetIncomeLoss`	$1.72M	USD	1 Quarter
Net income (loss) attributable to the controlling interests	`NetIncomeLoss`	$-4.41M	USD	1 Quarter
Continuing operations, basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.02	USD	1 Quarter
Continuing operations, basic (in dollars per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.13	USD	1 Quarter
Discontinued operations, basic (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$0.08	USD	1 Quarter
Discontinued operations, basic (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	1 Quarter
Basic net income (loss) attributable to the controlling interests per common share (in dollars per share)	`EarningsPerShareBasic`	$-0.06	USD	1 Quarter
Basic net income (loss) attributable to the controlling interests per common share (in dollars per share)	`EarningsPerShareBasic`	$0.02	USD	1 Quarter
Continuing operations, diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.02	USD	1 Quarter
Continuing operations, diluted (in dollars per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.13	USD	1 Quarter
Discontinued operations, diluted (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.08	USD	1 Quarter
Discontinued operations, diluted (in dollars per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	1 Quarter
Diluted net income (loss) attributable to the controlling interests per common share (in dollars per share)	`EarningsPerShareDiluted`	$-0.06	USD	1 Quarter
Diluted net income (loss) attributable to the controlling interests per common share (in dollars per share)	`EarningsPerShareDiluted`	$0.02	USD	1 Quarter
Weighted average shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	79.88M	shares	1 Quarter
Weighted average shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	82.09M	shares	1 Quarter
Weighted average shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	82.29M	shares	1 Quarter
Weighted average shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	79.88M	shares	1 Quarter

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$1.72M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-4.41M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$29.72M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$29.55M	USD	1 Quarter
Credit losses on lease related receivables	`ProvisionForDoubtfulAccounts`	$923.00K	USD	1 Quarter
Credit losses on lease related receivables	`ProvisionForDoubtfulAccounts`	-	USD	1 Quarter
Real estate impairment	`ImpairmentOfRealEstate`	$8.37M	USD	1 Quarter
Real estate impairment	`ImpairmentOfRealEstate`	-	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$2.83M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$1.78M	USD	1 Quarter
Amortization of debt premiums, discounts and related financing costs	`AmortizationOfFinancingCostsAndDiscounts`	$536.00K	USD	1 Quarter
Amortization of debt premiums, discounts and related financing costs	`AmortizationOfFinancingCostsAndDiscounts`	$645.00K	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$468.00K	USD	1 Quarter
Changes in operating other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.04M	USD	1 Quarter
Changes in operating other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-895.00K	USD	1 Quarter
Changes in operating other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-6.35M	USD	1 Quarter
Changes in operating other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-7.26M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$28.86M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$27.58M	USD	1 Quarter
Capital improvements to real estate	`PaymentsForCapitalImprovements`	$10.85M	USD	1 Quarter
Capital improvements to real estate	`PaymentsForCapitalImprovements`	$7.28M	USD	1 Quarter
Development in progress	`PaymentsToDevelopRealEstateAssets`	$9.40M	USD	1 Quarter
Development in progress	`PaymentsToDevelopRealEstateAssets`	$6.09M	USD	1 Quarter
Non-real estate capital improvements	`PaymentsToAcquireOtherProductiveAssets`	$94.00K	USD	1 Quarter
Non-real estate capital improvements	`PaymentsToAcquireOtherProductiveAssets`	$67.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-13.44M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-20.34M	USD	1 Quarter
Line of credit borrowings, net	`ProceedsFromLongTermLinesOfCredit`	$40.00M	USD	1 Quarter
Line of credit borrowings, net	`ProceedsFromLongTermLinesOfCredit`	$92.00M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$48.16M	USD	1 Quarter
Dividends paid	`PaymentsOfDividends`	$49.48M	USD	1 Quarter
Principal payments mortgage notes payable	`RepaymentsOfSecuredDebt`	$610.00K	USD	1 Quarter
Principal payments mortgage notes payable	`RepaymentsOfSecuredDebt`	$46.57M	USD	1 Quarter
Payment of financing costs	`PaymentOfFinancingAndStockIssuanceCosts`	-	USD	1 Quarter
Payment of financing costs	`PaymentOfFinancingAndStockIssuanceCosts`	$252.00K	USD	1 Quarter
Distributions to noncontrolling interests	`PaymentsToMinorityShareholders`	$3.00K	USD	1 Quarter
Distributions to noncontrolling interests	`PaymentsToMinorityShareholders`	$4.00K	USD	1 Quarter
Proceeds from dividend reinvestment program	`ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan`	$921.00K	USD	1 Quarter
Proceeds from dividend reinvestment program	`ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan`	$1.10M	USD	1 Quarter
Net proceeds from equity issuances	`ProceedsFromIssuanceOfCommonStock`	$1.24M	USD	1 Quarter
Net proceeds from equity issuances	`ProceedsFromIssuanceOfCommonStock`	-	USD	1 Quarter
Payment of tax withholdings for restricted share awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$141.00K	USD	1 Quarter
Payment of tax withholdings for restricted share awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$452.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.03M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-8.39M	USD	1 Quarter
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$6.48M	USD	1 Quarter
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$5.75M	USD	1 Quarter
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.23M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.39M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.64M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.75M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.23M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.39M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.64M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.75M	USD	Point-in-time
Cash paid for interest, net of amounts capitalized	`InterestPaidNet`	$5.13M	USD	1 Quarter
Cash paid for interest, net of amounts capitalized	`InterestPaidNet`	$6.85M	USD	1 Quarter
Change in accrued capital improvements and development costs	`ChangeInAccruedCapitalImprovementAndDevelopmentCosts`	$4.85M	USD	1 Quarter
Change in accrued capital improvements and development costs	`ChangeInAccruedCapitalImprovementAndDevelopmentCosts`	$8.12M	USD	1 Quarter
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.23M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.39M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.64M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.75M	USD	Point-in-time

Stockholders Equity 23 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.04B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.41B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.07B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.36B	USD	Point-in-time
Net income (loss) attributable to the controlling interests	`NetIncomeLoss`	$1.72M	USD	1 Quarter
Net income (loss) attributable to the controlling interests	`NetIncomeLoss`	$-4.41M	USD	1 Quarter
Unrealized loss on interest rate hedges	`OtherComprehensiveIncomeLossNetOfTax`	$-4.17M	USD	1 Quarter
Unrealized loss on interest rate hedges	`OtherComprehensiveIncomeLossNetOfTax`	$-34.57M	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$4.00K	USD	1 Quarter
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$3.00K	USD	1 Quarter
Dividends	`Dividends`	$24.14M	USD	1 Quarter
Dividends	`Dividends`	$24.82M	USD	1 Quarter
Equity issuances, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$1.24M	USD	1 Quarter
Shares issued under dividend reinvestment program (in shares)	`StockIssuedDuringPeriodSharesDividendReinvestmentPlan`	43,000.00	shares	1 Quarter
Shares issued under dividend reinvestment program (in shares)	`StockIssuedDuringPeriodSharesDividendReinvestmentPlan`	35,000.00	shares	1 Quarter
Shares issued under dividend reinvestment program	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$921.00K	USD	1 Quarter
Shares issued under dividend reinvestment program	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$1.10M	USD	1 Quarter
Share grants, net of forfeitures and tax withholdings	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$1.59M	USD	1 Quarter
Share grants, net of forfeitures and tax withholdings	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$2.25M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.04B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.41B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.07B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.36B	USD	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$1.72M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-4.41M	USD	1 Quarter
Unrealized loss on interest rate hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-34.57M	USD	1 Quarter
Unrealized loss on interest rate hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-4.17M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-8.57M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-32.85M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Comprehensive loss attributable to the controlling interests	`ComprehensiveIncomeNetOfTax`	$-8.57M	USD	1 Quarter
Comprehensive loss attributable to the controlling interests	`ComprehensiveIncomeNetOfTax`	$-32.85M	USD	1 Quarter

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