10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000104894-23-000113 |
| Period End Date | 20230930 |
| Filing Date | 20231027 |
| Fiscal Year | 2023 |
| Fiscal Period | Q3 |
| XBRL Instance | elme-20230930_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
80 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
|
$373.17M | USD | Point-in-time |
| Land |
Land
|
$384.10M | USD | Point-in-time |
| Preferred shares, authorized (in shares) |
PreferredStockSharesAuthorized
|
10.00M | shares | Point-in-time |
| Preferred shares, authorized (in shares) |
PreferredStockSharesAuthorized
|
10.00M | shares | Point-in-time |
| Preferred shares, issued (in shares) |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Income producing property |
RentalProperties
|
$1.94B | USD | Point-in-time |
| Preferred shares, issued (in shares) |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Income producing property |
RentalProperties
|
$1.90B | USD | Point-in-time |
| Preferred shares, outstanding (in shares) |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Net income producing property, at cost |
RealEstateInvestmentPropertyAtCost
|
$2.33B | USD | Point-in-time |
| Preferred shares, outstanding (in shares) |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Net income producing property, at cost |
RealEstateInvestmentPropertyAtCost
|
$2.27B | USD | 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
|
$481.59M | USD | 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
|
$506.30M | USD | Point-in-time |
| Net income producing property |
RealEstateInvestmentPropertyNet
|
$1.79B | USD | Point-in-time |
| Shares of beneficial interest, authorized (in shares) |
CommonStockSharesAuthorized
|
150.00M | shares | Point-in-time |
| Net income producing property |
RealEstateInvestmentPropertyNet
|
$1.82B | USD | Point-in-time |
| Shares of beneficial interest, authorized (in shares) |
CommonStockSharesAuthorized
|
150.00M | shares | Point-in-time |
| Properties under development or held for future development |
DevelopmentInProcess
|
$31.09M | USD | Point-in-time |
| Shares of beneficial interest, issued (in shares) |
CommonStockSharesIssued
|
87.53M | shares | Point-in-time |
| Properties under development or held for future development |
DevelopmentInProcess
|
$31.26M | USD | Point-in-time |
| Shares of beneficial interest, issued (in shares) |
CommonStockSharesIssued
|
87.83M | shares | Point-in-time |
| Total real estate held for investment, net |
RealEstateInvestments
|
$1.82B | USD | Point-in-time |
| Shares of beneficial interest, outstanding (in shares) |
CommonStockSharesOutstanding
|
87.53M | shares | Point-in-time |
| Shares of beneficial interest, outstanding (in shares) |
CommonStockSharesOutstanding
|
87.83M | shares | Point-in-time |
| Total real estate held for investment, net |
RealEstateInvestments
|
$1.85B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$8.44M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$8.08M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$8.39M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$2.10M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$1.46M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$1.44M | USD | Point-in-time |
| Rents and other receivables |
AccountsAndNotesReceivableNet
|
$15.30M | USD | Point-in-time |
| Rents and other receivables |
AccountsAndNotesReceivableNet
|
$16.35M | USD | Point-in-time |
| Prepaid expenses and other assets |
PrepaidExpenseAndOtherAssets
|
$25.73M | USD | Point-in-time |
| Prepaid expenses and other assets |
PrepaidExpenseAndOtherAssets
|
$34.23M | USD | Point-in-time |
| Total assets |
Assets
|
$1.91B | USD | Point-in-time |
| Total assets |
Assets
|
$1.88B | USD | Point-in-time |
| Total assets |
Assets
|
$1.87B | USD | Point-in-time |
| Notes payable, net |
NotesPayable
|
$522.15M | USD | Point-in-time |
| Notes payable, net |
NotesPayable
|
$497.36M | USD | Point-in-time |
| Line of credit |
LineOfCredit
|
$55.00M | USD | Point-in-time |
| Line of credit |
LineOfCredit
|
$149.00M | USD | Point-in-time |
| Accounts payable and other liabilities |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$40.67M | USD | Point-in-time |
| Accounts payable and other liabilities |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$34.39M | USD | Point-in-time |
| Dividend payable |
DividendsPayableCurrentAndNoncurrent
|
$15.87M | USD | Point-in-time |
| Dividend payable |
DividendsPayableCurrentAndNoncurrent
|
$14.92M | USD | Point-in-time |
| Dividend payable |
DividendsPayableCurrentAndNoncurrent
|
$14.93M | USD | Point-in-time |
| Advance rents |
AdvanceRent
|
$1.58M | USD | Point-in-time |
| Advance rents |
AdvanceRent
|
$3.37M | USD | Point-in-time |
| Tenant security deposits |
SecurityDepositLiability
|
$5.56M | USD | Point-in-time |
| Tenant security deposits |
SecurityDepositLiability
|
$6.17M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$608.82M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$737.22M | 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; 150,000 shares authorized; 87,832 and 87,534 shares issued and outstanding, as of September 30, 2023 and December 31, 2022, respectively |
CommonStockValue
|
$878.00K | USD | Point-in-time |
| Shares of beneficial interest, $0.01 par value; 150,000 shares authorized; 87,832 and 87,534 shares issued and outstanding, as of September 30, 2023 and December 31, 2022, respectively |
CommonStockValue
|
$875.00K | USD | Point-in-time |
| Additional paid in capital |
AdditionalPaidInCapital
|
$1.73B | USD | Point-in-time |
| Additional paid in capital |
AdditionalPaidInCapital
|
$1.73B | USD | Point-in-time |
| Distributions in excess of net income |
AccumulatedDistributionsInExcessOfNetIncome
|
$453.01M | USD | Point-in-time |
| Distributions in excess of net income |
AccumulatedDistributionsInExcessOfNetIncome
|
$550.44M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-12.33M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-14.23M | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$1.26B | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$1.17B | USD | Point-in-time |
| Noncontrolling interests in subsidiaries |
MinorityInterest
|
$292.00K | USD | Point-in-time |
| Noncontrolling interests in subsidiaries |
MinorityInterest
|
$298.00K | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.23B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.28B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.30B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.26B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.17B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.32B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$1.87B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$1.91B | USD | Point-in-time |
Income Statement
76 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Real estate rental revenue |
Revenues
|
$54.60M | USD | 1 Quarter |
| Real estate rental revenue |
Revenues
|
$56.65M | USD | 1 Quarter |
| Real estate rental revenue |
Revenues
|
$153.79M | USD | 3 Qtrs |
| Real estate rental revenue |
Revenues
|
$169.06M | USD | 3 Qtrs |
| Property operating and maintenance |
PropertyOperatingAndMaintenance
|
$38.51M | USD | 3 Qtrs |
| Property operating and maintenance |
PropertyOperatingAndMaintenance
|
$35.40M | USD | 3 Qtrs |
| Property operating and maintenance |
PropertyOperatingAndMaintenance
|
$12.75M | USD | 1 Quarter |
| Property operating and maintenance |
PropertyOperatingAndMaintenance
|
$13.09M | USD | 1 Quarter |
| Real estate taxes and insurance |
RealEstateTaxesAndInsurance
|
$6.47M | USD | 1 Quarter |
| Real estate taxes and insurance |
RealEstateTaxesAndInsurance
|
$19.89M | USD | 3 Qtrs |
| Real estate taxes and insurance |
RealEstateTaxesAndInsurance
|
$21.07M | USD | 3 Qtrs |
| Real estate taxes and insurance |
RealEstateTaxesAndInsurance
|
$7.05M | USD | 1 Quarter |
| Property management |
CostsOfGoodsAndServicesSoldPropertyManagement
|
$5.88M | USD | 3 Qtrs |
| Property management |
CostsOfGoodsAndServicesSoldPropertyManagement
|
$1.92M | USD | 1 Quarter |
| Property management |
CostsOfGoodsAndServicesSoldPropertyManagement
|
$1.94M | USD | 1 Quarter |
| Property management |
CostsOfGoodsAndServicesSoldPropertyManagement
|
$5.46M | USD | 3 Qtrs |
| General and administrative |
GeneralAndAdministrativeExpense
|
$6.40M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$6.37M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$21.00M | USD | 3 Qtrs |
| General and administrative |
GeneralAndAdministrativeExpense
|
$19.89M | USD | 3 Qtrs |
| Transformation costs |
TransformationCosts
|
$985.00K | USD | 1 Quarter |
| Transformation costs |
TransformationCosts
|
$6.64M | USD | 3 Qtrs |
| Transformation costs |
TransformationCosts
|
$2.40M | USD | 1 Quarter |
| Transformation costs |
TransformationCosts
|
$6.34M | USD | 3 Qtrs |
| Depreciation and amortization |
DepreciationAndAmortization
|
$21.90M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$23.63M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$69.87M | USD | 3 Qtrs |
| Depreciation and amortization |
DepreciationAndAmortization
|
$64.86M | USD | 3 Qtrs |
| Real estate impairment |
ImpairmentOfRealEstate
|
- | USD | 3 Qtrs |
| Real estate impairment |
ImpairmentOfRealEstate
|
- | USD | 1 Quarter |
| Real estate impairment |
ImpairmentOfRealEstate
|
$41.86M | USD | 3 Qtrs |
| Real estate impairment |
ImpairmentOfRealEstate
|
$41.86M | USD | 1 Quarter |
| Expenses |
CostsAndExpenses
|
$158.27M | USD | 3 Qtrs |
| Expenses |
CostsAndExpenses
|
$198.40M | USD | 3 Qtrs |
| Expenses |
CostsAndExpenses
|
$53.91M | USD | 1 Quarter |
| Expenses |
CostsAndExpenses
|
$92.85M | USD | 1 Quarter |
| Real estate operating (loss) income |
OperatingIncomeLoss
|
$-4.49M | USD | 3 Qtrs |
| Real estate operating (loss) income |
OperatingIncomeLoss
|
$692.00K | USD | 1 Quarter |
| Real estate operating (loss) income |
OperatingIncomeLoss
|
$-36.20M | USD | 1 Quarter |
| Real estate operating (loss) income |
OperatingIncomeLoss
|
$-29.34M | USD | 3 Qtrs |
| Interest expense |
InterestExpense
|
$18.39M | USD | 3 Qtrs |
| Interest expense |
InterestExpense
|
$7.42M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$21.04M | USD | 3 Qtrs |
| Interest expense |
InterestExpense
|
$6.58M | USD | 1 Quarter |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-54.00K | USD | 3 Qtrs |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-4.92M | USD | 1 Quarter |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-4.92M | USD | 3 Qtrs |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
- | USD | 1 Quarter |
| Other income |
OtherNonoperatingIncome
|
$454.00K | USD | 3 Qtrs |
| Other income |
OtherNonoperatingIncome
|
- | USD | 1 Quarter |
| Other income |
OtherNonoperatingIncome
|
$569.00K | USD | 3 Qtrs |
| Other income |
OtherNonoperatingIncome
|
$68.00K | USD | 1 Quarter |
| Total other income (expense) |
NonoperatingIncomeExpense
|
$-20.53M | USD | 3 Qtrs |
| Total other income (expense) |
NonoperatingIncomeExpense
|
$-11.43M | USD | 1 Quarter |
| Total other income (expense) |
NonoperatingIncomeExpense
|
$-22.85M | USD | 3 Qtrs |
| Total other income (expense) |
NonoperatingIncomeExpense
|
$-7.42M | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-49.87M | USD | 3 Qtrs |
| Net loss |
NetIncomeLoss
|
$-10.74M | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-27.34M | USD | 3 Qtrs |
| Net loss |
NetIncomeLoss
|
$-43.62M | USD | 1 Quarter |
| Basic net loss per common share (in dollars per share) |
EarningsPerShareBasic
|
$-0.50 | USD | 1 Quarter |
| Basic net loss per common share (in dollars per share) |
EarningsPerShareBasic
|
$-0.32 | USD | 3 Qtrs |
| Basic net loss per common share (in dollars per share) |
EarningsPerShareBasic
|
$-0.57 | USD | 3 Qtrs |
| Basic net loss per common share (in dollars per share) |
EarningsPerShareBasic
|
$-0.12 | USD | 1 Quarter |
| Diluted net loss per common share (in dollars per share) |
EarningsPerShareDiluted
|
$-0.57 | USD | 3 Qtrs |
| Diluted net loss per common share (in dollars per share) |
EarningsPerShareDiluted
|
$-0.50 | USD | 1 Quarter |
| Diluted net loss per common share (in dollars per share) |
EarningsPerShareDiluted
|
$-0.32 | USD | 3 Qtrs |
| Diluted net loss per common share (in dollars per share) |
EarningsPerShareDiluted
|
$-0.12 | USD | 1 Quarter |
| Weighted average shares outstanding - basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
87.45M | shares | 1 Quarter |
| Weighted average shares outstanding - basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
87.72M | shares | 3 Qtrs |
| Weighted average shares outstanding - basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
87.76M | shares | 1 Quarter |
| Weighted average shares outstanding - basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
87.35M | shares | 3 Qtrs |
| Weighted average shares outstanding - diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
87.72M | shares | 3 Qtrs |
| Weighted average shares outstanding - diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
87.35M | shares | 3 Qtrs |
| Weighted average shares outstanding - diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
87.76M | shares | 1 Quarter |
| Weighted average shares outstanding - diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
87.45M | shares | 1 Quarter |
Cash Flow Statement
90 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss |
NetIncomeLoss
|
$-49.87M | USD | 3 Qtrs |
| Net loss |
NetIncomeLoss
|
$-10.74M | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-27.34M | USD | 3 Qtrs |
| Net loss |
NetIncomeLoss
|
$-43.62M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$69.87M | USD | 3 Qtrs |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$64.86M | USD | 3 Qtrs |
| Credit losses on lease related receivables |
ProvisionForDoubtfulAccounts
|
$1.82M | USD | 3 Qtrs |
| Credit losses on lease related receivables |
ProvisionForDoubtfulAccounts
|
$2.88M | USD | 3 Qtrs |
| Real estate impairment |
ImpairmentOfRealEstate
|
- | USD | 3 Qtrs |
| Real estate impairment |
ImpairmentOfRealEstate
|
- | USD | 1 Quarter |
| Real estate impairment |
ImpairmentOfRealEstate
|
$41.86M | USD | 3 Qtrs |
| Real estate impairment |
ImpairmentOfRealEstate
|
$41.86M | USD | 1 Quarter |
| Share-based compensation expense |
ShareBasedCompensation
|
$6.16M | USD | 3 Qtrs |
| Share-based compensation expense |
ShareBasedCompensation
|
$4.03M | USD | 3 Qtrs |
| Net amortization of debt premiums, discounts and related financing costs |
AmortizationOfFinancingCostsAndDiscounts
|
$3.16M | USD | 3 Qtrs |
| Net amortization of debt premiums, discounts and related financing costs |
AmortizationOfFinancingCostsAndDiscounts
|
$3.08M | USD | 3 Qtrs |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-54.00K | USD | 3 Qtrs |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-4.92M | USD | 1 Quarter |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-4.92M | USD | 3 Qtrs |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
- | USD | 1 Quarter |
| Changes in operating other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$952.00K | USD | 3 Qtrs |
| Changes in operating other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$10.59M | USD | 3 Qtrs |
| Changes in operating other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-6.10M | USD | 3 Qtrs |
| Changes in operating other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$5.44M | USD | 3 Qtrs |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$61.82M | USD | 3 Qtrs |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$51.46M | USD | 3 Qtrs |
| Real estate acquisitions, net |
PaymentsToAcquireCommercialRealEstate
|
$204.43M | USD | 3 Qtrs |
| Real estate acquisitions, net |
PaymentsToAcquireCommercialRealEstate
|
$107.59M | USD | 3 Qtrs |
| Capital improvements to real estate |
PaymentsForCapitalImprovements
|
$22.29M | USD | 3 Qtrs |
| Capital improvements to real estate |
PaymentsForCapitalImprovements
|
$19.05M | USD | 3 Qtrs |
| Development in progress |
PaymentsToDevelopRealEstateAssets
|
- | USD | 3 Qtrs |
| Development in progress |
PaymentsToDevelopRealEstateAssets
|
$671.00K | USD | 3 Qtrs |
| Insurance proceeds |
ProceedsFromInsuranceSettlementInvestingActivities
|
$2.22M | USD | 3 Qtrs |
| Insurance proceeds |
ProceedsFromInsuranceSettlementInvestingActivities
|
- | USD | 3 Qtrs |
| Non-real estate capital improvements |
PaymentsToAcquireOtherProductiveAssets
|
$395.00K | USD | 3 Qtrs |
| Non-real estate capital improvements |
PaymentsToAcquireOtherProductiveAssets
|
$1.32M | USD | 3 Qtrs |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-130.28M | USD | 3 Qtrs |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-223.25M | USD | 3 Qtrs |
| Line of credit repayments, net |
ProceedsFromRepaymentsOfLinesOfCredit
|
$94.00M | USD | 3 Qtrs |
| Line of credit repayments, net |
ProceedsFromRepaymentsOfLinesOfCredit
|
$43.00M | USD | 3 Qtrs |
| Dividends paid |
PaymentsOfDividends
|
$44.44M | USD | 3 Qtrs |
| Dividends paid |
PaymentsOfDividends
|
$48.49M | USD | 3 Qtrs |
| Repayments of mortgage notes payable |
RepaymentsOfSecuredDebt
|
$76.60M | USD | 3 Qtrs |
| Repayments of mortgage notes payable |
RepaymentsOfSecuredDebt
|
- | USD | 3 Qtrs |
| Repayments of unsecured term loan debt |
RepaymentsOfUnsecuredDebt
|
- | USD | 3 Qtrs |
| Repayments of unsecured term loan debt |
RepaymentsOfUnsecuredDebt
|
$100.00M | USD | 3 Qtrs |
| Proceeds from term loan |
ProceedsFromIssuanceOfUnsecuredDebt
|
- | USD | 3 Qtrs |
| Proceeds from term loan |
ProceedsFromIssuanceOfUnsecuredDebt
|
$125.00M | USD | 3 Qtrs |
| Payment of financing costs |
PaymentOfFinancingAndStockIssuanceCosts
|
$39.00K | USD | 3 Qtrs |
| Payment of financing costs |
PaymentOfFinancingAndStockIssuanceCosts
|
$844.00K | USD | 3 Qtrs |
| Distributions to noncontrolling interests |
PaymentsToMinorityShareholders
|
$6.00K | USD | 3 Qtrs |
| Distributions to noncontrolling interests |
PaymentsToMinorityShareholders
|
$6.00K | USD | 3 Qtrs |
| Proceeds from dividend reinvestment program |
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
|
$497.00K | USD | 3 Qtrs |
| Proceeds from dividend reinvestment program |
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
|
$777.00K | USD | 3 Qtrs |
| Proceeds from dividend reinvestment program |
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
|
$259.00K | USD | 1 Quarter |
| Net proceeds from equity issuances |
ProceedsFromIssuanceOfStock
|
- | USD | 3 Qtrs |
| Net proceeds from equity issuances |
ProceedsFromIssuanceOfStock
|
$26.85M | USD | 3 Qtrs |
| Payment of tax withholdings for restricted share awards |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$1.35M | USD | 3 Qtrs |
| Payment of tax withholdings for restricted share awards |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$2.10M | USD | 3 Qtrs |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-52.55M | USD | 3 Qtrs |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$68.80M | USD | 3 Qtrs |
| Net decrease in cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-224.35M | USD | 3 Qtrs |
| Net decrease in cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$331.00K | USD | 3 Qtrs |
| Cash, cash equivalents and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$10.18M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$9.85M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$234.22M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$9.87M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$10.18M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$9.85M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$234.22M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$9.87M | USD | Point-in-time |
| Cash paid for interest, net of amounts capitalized |
InterestPaidNet
|
$20.07M | USD | 3 Qtrs |
| Cash paid for interest, net of amounts capitalized |
InterestPaidNet
|
$18.39M | USD | 3 Qtrs |
| Change in accrued capital improvements and development costs |
ChangeInAccruedCapitalImprovementAndDevelopmentCosts
|
$7.34M | USD | 3 Qtrs |
| Change in accrued capital improvements and development costs |
ChangeInAccruedCapitalImprovementAndDevelopmentCosts
|
$2.51M | USD | 3 Qtrs |
| Dividend payable |
DividendsPayableCurrentAndNoncurrent
|
$15.87M | USD | Point-in-time |
| Dividend payable |
DividendsPayableCurrentAndNoncurrent
|
$14.92M | USD | Point-in-time |
| Dividend payable |
DividendsPayableCurrentAndNoncurrent
|
$14.93M | USD | Point-in-time |
| Mortgage notes payable assumed in connection with the acquisition of real estate |
NotesAssumed1
|
- | USD | 3 Qtrs |
| Mortgage notes payable assumed in connection with the acquisition of real estate |
NotesAssumed1
|
$76.55M | USD | 3 Qtrs |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$8.44M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$8.08M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$8.39M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$2.10M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$1.46M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$1.44M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$10.18M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$9.85M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$234.22M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$9.87M | USD | Point-in-time |
Stockholders Equity
48 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Dividends declared per share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.17 | USD | 1 Quarter |
| Dividends declared per share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.18 | USD | 1 Quarter |
| Dividends declared per share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.54 | USD | 3 Qtrs |
| Dividends declared per share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.51 | USD | 3 Qtrs |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.23B | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.28B | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.30B | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.26B | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.17B | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.32B | USD | Point-in-time |
| Net loss |
NetIncomeLoss
|
$-49.87M | USD | 3 Qtrs |
| Net loss |
NetIncomeLoss
|
$-10.74M | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-27.34M | USD | 3 Qtrs |
| Net loss |
NetIncomeLoss
|
$-43.62M | USD | 1 Quarter |
| Unrealized gain (loss) on interest rate hedges |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
$-149.00K | USD | 1 Quarter |
| Unrealized gain (loss) on interest rate hedges |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
$3.28M | USD | 3 Qtrs |
| Unrealized gain (loss) on interest rate hedges |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
$442.00K | USD | 1 Quarter |
| Unrealized gain (loss) on interest rate hedges |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
$372.00K | USD | 3 Qtrs |
| Amortization of swap settlements |
OtherComprehensiveIncomeLossCashFlowHedgeAmortizationReclassificationAfterTax
|
$-509.00K | USD | 1 Quarter |
| Amortization of swap settlements |
OtherComprehensiveIncomeLossCashFlowHedgeAmortizationReclassificationAfterTax
|
$-1.53M | USD | 3 Qtrs |
| Amortization of swap settlements |
OtherComprehensiveIncomeLossCashFlowHedgeAmortizationReclassificationAfterTax
|
$-510.00K | USD | 1 Quarter |
| Amortization of swap settlements |
OtherComprehensiveIncomeLossCashFlowHedgeAmortizationReclassificationAfterTax
|
$-1.53M | USD | 3 Qtrs |
| Distributions to noncontrolling interests |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$6.00K | USD | 3 Qtrs |
| Distributions to noncontrolling interests |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$6.00K | USD | 3 Qtrs |
| Distributions to noncontrolling interests |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$1.00K | USD | 1 Quarter |
| Distributions to noncontrolling interests |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$2.00K | USD | 1 Quarter |
| Dividends |
Dividends
|
$15.88M | USD | 1 Quarter |
| Dividends |
Dividends
|
$44.71M | USD | 3 Qtrs |
| Dividends |
Dividends
|
$14.92M | USD | 1 Quarter |
| Dividends |
Dividends
|
$47.56M | USD | 3 Qtrs |
| Equity issuances, net of issuance costs |
StockIssuedDuringPeriodValueNewIssues
|
$26.85M | USD | 3 Qtrs |
| Shares issued under Dividend Reinvestment Program (in shares) |
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
|
28,000.00 | shares | 3 Qtrs |
| Shares issued under Dividend Reinvestment Program (in shares) |
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
|
12,000.00 | shares | 1 Quarter |
| Shares issued under Dividend Reinvestment Program (in shares) |
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
|
0.00 | shares | 1 Quarter |
| Shares issued under Dividend Reinvestment Program (in shares) |
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
|
32,000.00 | shares | 3 Qtrs |
| Shares issued under Dividend Reinvestment Program |
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
$777.00K | USD | 3 Qtrs |
| Shares issued under Dividend Reinvestment Program |
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
$259.00K | USD | 1 Quarter |
| Shares issued under Dividend Reinvestment Program |
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
$497.00K | USD | 3 Qtrs |
| Share grants, net of forfeitures and tax withholdings |
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
$4.31M | USD | 3 Qtrs |
| Share grants, net of forfeitures and tax withholdings |
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
$1.27M | USD | 1 Quarter |
| Share grants, net of forfeitures and tax withholdings |
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
$3.75M | USD | 3 Qtrs |
| Share grants, net of forfeitures and tax withholdings |
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
$1.55M | USD | 1 Quarter |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.23B | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.28B | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.30B | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.26B | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.17B | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.32B | USD | Point-in-time |
Comprehensive Income
16 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss |
NetIncomeLoss
|
$-49.87M | USD | 3 Qtrs |
| Net loss |
NetIncomeLoss
|
$-10.74M | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-27.34M | USD | 3 Qtrs |
| Net loss |
NetIncomeLoss
|
$-43.62M | USD | 1 Quarter |
| Unrealized (loss) gain on interest rate hedges |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
$-149.00K | USD | 1 Quarter |
| Unrealized (loss) gain on interest rate hedges |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
$3.28M | USD | 3 Qtrs |
| Unrealized (loss) gain on interest rate hedges |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
$442.00K | USD | 1 Quarter |
| Unrealized (loss) gain on interest rate hedges |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
$372.00K | USD | 3 Qtrs |
| Reclassification of unrealized loss on interest rate derivatives to earnings |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
$-509.00K | USD | 1 Quarter |
| Reclassification of unrealized loss on interest rate derivatives to earnings |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
$-510.00K | USD | 1 Quarter |
| Reclassification of unrealized loss on interest rate derivatives to earnings |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
$-1.53M | USD | 3 Qtrs |
| Reclassification of unrealized loss on interest rate derivatives to earnings |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
$-1.53M | USD | 3 Qtrs |
| Comprehensive loss |
ComprehensiveIncomeNetOfTax
|
$-47.97M | USD | 3 Qtrs |
| Comprehensive loss |
ComprehensiveIncomeNetOfTax
|
$-22.52M | USD | 3 Qtrs |
| Comprehensive loss |
ComprehensiveIncomeNetOfTax
|
$-9.79M | USD | 1 Quarter |
| Comprehensive loss |
ComprehensiveIncomeNetOfTax
|
$-43.26M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.