10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000908311-21-000074 |
| Period End Date | 20210630 |
| Filing Date | 20210809 |
| Fiscal Year | 2021 |
| Fiscal Period | Q2 |
| XBRL Instance | cmct-20210630_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
61 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Investments in real estate, net |
RealEstateInvestmentPropertyNet
|
$498.52M | USD | Point-in-time |
| Investments in real estate, net |
RealEstateInvestmentPropertyNet
|
$506.04M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$59.73M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$75.19M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$33.64M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$10.01M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$9.80M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$10.96M | USD | Point-in-time |
| Loans receivable, net |
NotesReceivableNet
|
$83.14M | USD | Point-in-time |
| Loans receivable, net |
NotesReceivableNet
|
$81.94M | USD | Point-in-time |
| Common stock, par value (in usd per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Accounts receivable, net |
AccountsAndNotesReceivableNet
|
$1.74M | USD | Point-in-time |
| Accounts receivable, net |
AccountsAndNotesReceivableNet
|
$1.79M | USD | Point-in-time |
| Common stock, par value (in usd per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common stock, par value (in usd per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
900.00M | shares | Point-in-time |
| Deferred rent receivable and charges, net |
DeferredRentReceivableAndChargesNet
|
$36.34M | USD | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
900.00M | shares | Point-in-time |
| Deferred rent receivable and charges, net |
DeferredRentReceivableAndChargesNet
|
$35.96M | USD | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
14.83M | shares | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
23.37M | shares | Point-in-time |
| Other intangible assets, net |
OtherIntangibleAssetsNet
|
$6.31M | USD | Point-in-time |
| Other intangible assets, net |
OtherIntangibleAssetsNet
|
$5.75M | USD | Point-in-time |
| Loan servicing asset, net and other assets |
OtherAssets
|
$10.94M | USD | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
14.83M | shares | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
23.37M | shares | Point-in-time |
| Loan servicing asset, net and other assets |
OtherAssets
|
$8.79M | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$685.62M | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$704.82M | USD | Point-in-time |
| Debt, net |
DebtAndCapitalLeaseObligations
|
$260.72M | USD | Point-in-time |
| Debt, net |
DebtAndCapitalLeaseObligations
|
$324.31M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$20.33M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$13.68M | USD | Point-in-time |
| Intangible liabilities, net |
BelowMarketLeaseNet
|
$388.00K | USD | Point-in-time |
| Intangible liabilities, net |
BelowMarketLeaseNet
|
$587.00K | USD | Point-in-time |
| Due to related parties |
DueToRelatedPartiesCurrentAndNoncurrent
|
$10.63M | USD | Point-in-time |
| Due to related parties |
DueToRelatedPartiesCurrentAndNoncurrent
|
$6.71M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$12.41M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$9.73M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$361.67M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$297.83M | USD | Point-in-time |
| COMMITMENTS AND CONTINGENCIES (Note 13) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| COMMITMENTS AND CONTINGENCIES (Note 13) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock, $0.001 par value; 900,000,000 shares authorized; 23,369,331 shares issued and outstanding as of June 30, 2021 and 14,827,410 shares issued and outstanding as of December 31, 2020. |
CommonStockValue
|
$15.00K | USD | Point-in-time |
| Common stock, $0.001 par value; 900,000,000 shares authorized; 23,369,331 shares issued and outstanding as of June 30, 2021 and 14,827,410 shares issued and outstanding as of December 31, 2020. |
CommonStockValue
|
$24.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$868.93M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$794.13M | USD | Point-in-time |
| Distributions in excess of earnings |
AccumulatedDistributionsInExcessOfNetIncome
|
$778.52M | USD | Point-in-time |
| Distributions in excess of earnings |
AccumulatedDistributionsInExcessOfNetIncome
|
$788.96M | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$277.66M | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$364.19M | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$337.00K | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$455.00K | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$364.53M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$279.54M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$278.19M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$284.39M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$278.11M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$278.51M | USD | Point-in-time |
| TOTAL LIABILITIES, REDEEMABLE PREFERRED STOCK, AND EQUITY |
LiabilitiesAndStockholdersEquity
|
$685.62M | USD | Point-in-time |
| TOTAL LIABILITIES, REDEEMABLE PREFERRED STOCK, AND EQUITY |
LiabilitiesAndStockholdersEquity
|
$704.82M | USD | Point-in-time |
Income Statement
94 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Rental and other property income |
OperatingLeaseAndOtherPropertyRevenue
|
$13.70M | USD | 1 Quarter |
| Rental and other property income |
OperatingLeaseAndOtherPropertyRevenue
|
$13.31M | USD | 1 Quarter |
| Rental and other property income |
OperatingLeaseAndOtherPropertyRevenue
|
$28.52M | USD | 2 Qtrs |
| Rental and other property income |
OperatingLeaseAndOtherPropertyRevenue
|
$26.66M | USD | 2 Qtrs |
| Hotel income |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$8.63M | USD | 2 Qtrs |
| Hotel income |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$869.00K | USD | 1 Quarter |
| Hotel income |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$4.86M | USD | 2 Qtrs |
| Hotel income |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$3.13M | USD | 1 Quarter |
| Interest and other income |
InterestAndOtherOperatingIncome
|
$1.94M | USD | 1 Quarter |
| Interest and other income |
InterestAndOtherOperatingIncome
|
$4.90M | USD | 2 Qtrs |
| Interest and other income |
InterestAndOtherOperatingIncome
|
$6.23M | USD | 1 Quarter |
| Interest and other income |
InterestAndOtherOperatingIncome
|
$10.03M | USD | 2 Qtrs |
| REVENUES |
Revenues
|
$42.05M | USD | 2 Qtrs |
| REVENUES |
Revenues
|
$41.55M | USD | 2 Qtrs |
| REVENUES |
Revenues
|
$22.67M | USD | 1 Quarter |
| REVENUES |
Revenues
|
$16.51M | USD | 1 Quarter |
| Rental and other property operating |
DirectCostsOfLeasedAndRentedPropertyOrEquipment
|
$20.01M | USD | 2 Qtrs |
| Rental and other property operating |
DirectCostsOfLeasedAndRentedPropertyOrEquipment
|
$9.12M | USD | 1 Quarter |
| Rental and other property operating |
DirectCostsOfLeasedAndRentedPropertyOrEquipment
|
$7.49M | USD | 1 Quarter |
| Rental and other property operating |
DirectCostsOfLeasedAndRentedPropertyOrEquipment
|
$17.41M | USD | 2 Qtrs |
| Asset management and other fees to related parties |
RelatedPartyAssetManagementFeesAndOtherFees
|
$5.02M | USD | 2 Qtrs |
| Asset management and other fees to related parties |
RelatedPartyAssetManagementFeesAndOtherFees
|
$2.26M | USD | 1 Quarter |
| Asset management and other fees to related parties |
RelatedPartyAssetManagementFeesAndOtherFees
|
$4.52M | USD | 2 Qtrs |
| Asset management and other fees to related parties |
RelatedPartyAssetManagementFeesAndOtherFees
|
$2.38M | USD | 1 Quarter |
| Interest |
InterestExpense
|
$6.06M | USD | 2 Qtrs |
| Interest |
InterestExpense
|
$2.67M | USD | 1 Quarter |
| Interest |
InterestExpense
|
$5.30M | USD | 2 Qtrs |
| Interest |
InterestExpense
|
$2.90M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$3.77M | USD | 2 Qtrs |
| General and administrative |
GeneralAndAdministrativeExpense
|
$3.40M | USD | 2 Qtrs |
| General and administrative |
GeneralAndAdministrativeExpense
|
$1.67M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$1.15M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$5.07M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$10.11M | USD | 2 Qtrs |
| Depreciation and amortization |
DepreciationAndAmortization
|
$10.46M | USD | 2 Qtrs |
| Depreciation and amortization |
DepreciationAndAmortization
|
$5.20M | USD | 1 Quarter |
| EXPENSES |
CostsAndExpenses
|
$43.33M | USD | 2 Qtrs |
| EXPENSES |
CostsAndExpenses
|
$21.15M | USD | 1 Quarter |
| EXPENSES |
CostsAndExpenses
|
$21.24M | USD | 1 Quarter |
| EXPENSES |
CostsAndExpenses
|
$48.05M | USD | 2 Qtrs |
| INCOME (LOSS) BEFORE PROVISION (BENEFIT) FOR INCOME TAXES |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-4.73M | USD | 1 Quarter |
| INCOME (LOSS) BEFORE PROVISION (BENEFIT) FOR INCOME TAXES |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$1.52M | USD | 1 Quarter |
| INCOME (LOSS) BEFORE PROVISION (BENEFIT) FOR INCOME TAXES |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-6.01M | USD | 2 Qtrs |
| INCOME (LOSS) BEFORE PROVISION (BENEFIT) FOR INCOME TAXES |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-1.77M | USD | 2 Qtrs |
| Provision (benefit) for income taxes |
IncomeTaxExpenseBenefit
|
$1.37M | USD | 2 Qtrs |
| Provision (benefit) for income taxes |
IncomeTaxExpenseBenefit
|
$-691.00K | USD | 1 Quarter |
| Provision (benefit) for income taxes |
IncomeTaxExpenseBenefit
|
$996.00K | USD | 1 Quarter |
| Provision (benefit) for income taxes |
IncomeTaxExpenseBenefit
|
$-713.00K | USD | 2 Qtrs |
| NET INCOME (LOSS) |
ProfitLoss
|
$-1.26M | USD | 1 Quarter |
| NET INCOME (LOSS) |
ProfitLoss
|
$-5.30M | USD | 2 Qtrs |
| NET INCOME (LOSS) |
ProfitLoss
|
$-3.14M | USD | 2 Qtrs |
| NET INCOME (LOSS) |
ProfitLoss
|
$-4.04M | USD | 1 Quarter |
| NET INCOME (LOSS) |
ProfitLoss
|
$527.00K | USD | 1 Quarter |
| NET INCOME (LOSS) |
ProfitLoss
|
$-3.67M | USD | 1 Quarter |
| Net loss (income) attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$-3.00K | USD | 1 Quarter |
| Net loss (income) attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$6.00K | USD | 2 Qtrs |
| Net loss (income) attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$2.00K | USD | 1 Quarter |
| Net loss (income) attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$-4.00K | USD | 2 Qtrs |
| NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY |
NetIncomeLoss
|
$530.00K | USD | 1 Quarter |
| NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY |
NetIncomeLoss
|
$-4.04M | USD | 1 Quarter |
| NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY |
NetIncomeLoss
|
$-3.14M | USD | 2 Qtrs |
| NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY |
NetIncomeLoss
|
$-5.30M | USD | 2 Qtrs |
| Redeemable preferred stock dividends declared or accumulated (Note 9) |
RedeemablePreferredStockDividendsAccumulated
|
$4.62M | USD | 1 Quarter |
| Redeemable preferred stock dividends declared or accumulated (Note 9) |
RedeemablePreferredStockDividendsAccumulated
|
$3.99M | USD | 1 Quarter |
| Redeemable preferred stock dividends declared or accumulated (Note 9) |
RedeemablePreferredStockDividendsAccumulated
|
$9.09M | USD | 2 Qtrs |
| Redeemable preferred stock dividends declared or accumulated (Note 9) |
RedeemablePreferredStockDividendsAccumulated
|
$9.35M | USD | 2 Qtrs |
| Redeemable preferred stock deemed dividends (Note 9) |
RedeemablePreferredStockDividends
|
$52.00K | USD | 1 Quarter |
| Redeemable preferred stock deemed dividends (Note 9) |
RedeemablePreferredStockDividends
|
$106.00K | USD | 1 Quarter |
| Redeemable preferred stock deemed dividends (Note 9) |
RedeemablePreferredStockDividends
|
$213.00K | USD | 2 Qtrs |
| Redeemable preferred stock deemed dividends (Note 9) |
RedeemablePreferredStockDividends
|
$163.00K | USD | 2 Qtrs |
| Redeemable preferred stock redemptions (Note 9) |
PreferredStockRedemptionPremium
|
$56.00K | USD | 1 Quarter |
| Redeemable preferred stock redemptions (Note 9) |
PreferredStockRedemptionPremium
|
$66.00K | USD | 2 Qtrs |
| Redeemable preferred stock redemptions (Note 9) |
PreferredStockRedemptionPremium
|
$26.00K | USD | 2 Qtrs |
| Redeemable preferred stock redemptions (Note 9) |
PreferredStockRedemptionPremium
|
$13.00K | USD | 1 Quarter |
| NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$-8.14M | USD | 1 Quarter |
| NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$-4.21M | USD | 1 Quarter |
| NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$-12.42M | USD | 2 Qtrs |
| NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$-14.93M | USD | 2 Qtrs |
| Basic (in usd per share) |
EarningsPerShareBasic
|
$-0.83 | USD | 2 Qtrs |
| Basic (in usd per share) |
EarningsPerShareBasic
|
$-0.28 | USD | 1 Quarter |
| Basic (in usd per share) |
EarningsPerShareBasic
|
$-0.55 | USD | 1 Quarter |
| Basic (in usd per share) |
EarningsPerShareBasic
|
$-1.02 | USD | 2 Qtrs |
| Diluted (in usd per share) |
EarningsPerShareDiluted
|
$-0.83 | USD | 2 Qtrs |
| Diluted (in usd per share) |
EarningsPerShareDiluted
|
$-1.02 | USD | 2 Qtrs |
| Diluted (in usd per share) |
EarningsPerShareDiluted
|
$-0.55 | USD | 1 Quarter |
| Diluted (in usd per share) |
EarningsPerShareDiluted
|
$-0.28 | USD | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
14.69M | shares | 2 Qtrs |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
14.96M | shares | 2 Qtrs |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
14.78M | shares | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
15.10M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
14.96M | shares | 2 Qtrs |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
15.10M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
14.69M | shares | 2 Qtrs |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
14.78M | shares | 1 Quarter |
Cash Flow Statement
131 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss |
ProfitLoss
|
$-1.26M | USD | 1 Quarter |
| Net loss |
ProfitLoss
|
$-5.30M | USD | 2 Qtrs |
| Net loss |
ProfitLoss
|
$-3.14M | USD | 2 Qtrs |
| Net loss |
ProfitLoss
|
$-4.04M | USD | 1 Quarter |
| Net loss |
ProfitLoss
|
$527.00K | USD | 1 Quarter |
| Net loss |
ProfitLoss
|
$-3.67M | USD | 1 Quarter |
| Depreciation and amortization, net |
DepreciationDepletionAndAmortization
|
$10.24M | USD | 2 Qtrs |
| Depreciation and amortization, net |
DepreciationDepletionAndAmortization
|
$10.10M | USD | 2 Qtrs |
| Amortization of deferred loan costs |
AmortizationOfFinancingCosts
|
$635.00K | USD | 2 Qtrs |
| Amortization of deferred loan costs |
AmortizationOfFinancingCosts
|
$548.00K | USD | 2 Qtrs |
| Amortization of premiums and discounts on debt |
AmortizationOfDebtDiscountPremium
|
$15.00K | USD | 2 Qtrs |
| Amortization of premiums and discounts on debt |
AmortizationOfDebtDiscountPremium
|
$-51.00K | USD | 2 Qtrs |
| Unrealized premium adjustment |
UnrealizedPremiumAdjustment
|
$518.00K | USD | 2 Qtrs |
| Unrealized premium adjustment |
UnrealizedPremiumAdjustment
|
$1.46M | USD | 2 Qtrs |
| Amortization and accretion on loans receivable, net |
AmortizationAndAccretionOnLoansReceivableNet
|
$261.00K | USD | 2 Qtrs |
| Amortization and accretion on loans receivable, net |
AmortizationAndAccretionOnLoansReceivableNet
|
$279.00K | USD | 2 Qtrs |
| Write-offs of uncollectible receivables |
ProvisionForDoubtfulAccounts
|
$1.08M | USD | 2 Qtrs |
| Write-offs of uncollectible receivables |
ProvisionForDoubtfulAccounts
|
$302.00K | USD | 2 Qtrs |
| Deferred income taxes |
DiscontinuedOperationDeferredIncomeTaxExpenseBenefit
|
$-13.00K | USD | 2 Qtrs |
| Deferred income taxes |
DiscontinuedOperationDeferredIncomeTaxExpenseBenefit
|
$-867.00K | USD | 2 Qtrs |
| Stock-based compensation |
ShareBasedCompensation
|
$110.00K | USD | 2 Qtrs |
| Stock-based compensation |
ShareBasedCompensation
|
$112.00K | USD | 2 Qtrs |
| Loans funded, held for sale to secondary market |
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
|
$45.46M | USD | 2 Qtrs |
| Loans funded, held for sale to secondary market |
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
|
$9.30M | USD | 2 Qtrs |
| Proceeds from sale of guaranteed loans |
ProceedsFromSaleOfLoansHeldForSale
|
$10.90M | USD | 2 Qtrs |
| Proceeds from sale of guaranteed loans |
ProceedsFromSaleOfLoansHeldForSale
|
$49.21M | USD | 2 Qtrs |
| Principal collected on loans subject to secured borrowings |
ProceedsFromCollectionOfLoansHeldForSale
|
$291.00K | USD | 2 Qtrs |
| Principal collected on loans subject to secured borrowings |
ProceedsFromCollectionOfLoansHeldForSale
|
$2.61M | USD | 2 Qtrs |
| Other operating activity |
OtherOperatingActivitiesCashFlowStatement
|
$-407.00K | USD | 2 Qtrs |
| Other operating activity |
OtherOperatingActivitiesCashFlowStatement
|
$-925.00K | USD | 2 Qtrs |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-586.00K | USD | 2 Qtrs |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$1.09M | USD | 2 Qtrs |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$2.19M | USD | 2 Qtrs |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$552.00K | USD | 2 Qtrs |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-2.90M | USD | 2 Qtrs |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-553.00K | USD | 2 Qtrs |
| Deferred leasing costs |
IncreaseDecreaseInDeferredLeasingFees
|
$332.00K | USD | 2 Qtrs |
| Deferred leasing costs |
IncreaseDecreaseInDeferredLeasingFees
|
$413.00K | USD | 2 Qtrs |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-1.55M | USD | 2 Qtrs |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$2.68M | USD | 2 Qtrs |
| Due to related parties |
IncreaseDecreaseInDueToRelatedParties
|
$942.00K | USD | 2 Qtrs |
| Due to related parties |
IncreaseDecreaseInDueToRelatedParties
|
$6.34M | USD | 2 Qtrs |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$5.24M | USD | 2 Qtrs |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$17.84M | USD | 2 Qtrs |
| Additions to investments in real estate |
PaymentsToDevelopRealEstateAssets
|
$823.00K | USD | 2 Qtrs |
| Additions to investments in real estate |
PaymentsToDevelopRealEstateAssets
|
$9.54M | USD | 2 Qtrs |
| Loans funded |
PaymentsToAcquireLoansHeldForInvestment
|
$19.75M | USD | 2 Qtrs |
| Loans funded |
PaymentsToAcquireLoansHeldForInvestment
|
$18.57M | USD | 2 Qtrs |
| Principal collected on loans |
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
$4.71M | USD | 2 Qtrs |
| Principal collected on loans |
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
$15.75M | USD | 2 Qtrs |
| Other investing activity |
PaymentsForProceedsFromOtherInvestingActivities
|
- | USD | 2 Qtrs |
| Other investing activity |
PaymentsForProceedsFromOtherInvestingActivities
|
$-59.00K | USD | 2 Qtrs |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-4.82M | USD | 2 Qtrs |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-23.34M | USD | 2 Qtrs |
| Payment of revolving credit facilities, mortgages payable, term notes and principal on SBA 7(a) loan-backed notes |
RepaymentsOfOtherLongTermDebt
|
$10.37M | USD | 2 Qtrs |
| Payment of revolving credit facilities, mortgages payable, term notes and principal on SBA 7(a) loan-backed notes |
RepaymentsOfOtherLongTermDebt
|
$94.35M | USD | 2 Qtrs |
| Proceeds from revolving credit facilities and term notes |
ProceedsFromIssuanceOfOtherLongTermDebt
|
$30.40M | USD | 2 Qtrs |
| Proceeds from revolving credit facilities and term notes |
ProceedsFromIssuanceOfOtherLongTermDebt
|
$76.97M | USD | 2 Qtrs |
| Payment of principal on secured borrowings |
RepaymentsOfSecuredDebt
|
$291.00K | USD | 2 Qtrs |
| Payment of principal on secured borrowings |
RepaymentsOfSecuredDebt
|
$2.61M | USD | 2 Qtrs |
| Payment of deferred preferred stock offering costs |
PaymentsOfDeferredStockIssuanceCosts
|
$501.00K | USD | 2 Qtrs |
| Payment of deferred preferred stock offering costs |
PaymentsOfDeferredStockIssuanceCosts
|
$268.00K | USD | 2 Qtrs |
| Payment of deferred costs |
PaymentofOtherDeferredCosts
|
$125.00K | USD | 2 Qtrs |
| Payment of deferred costs |
PaymentofOtherDeferredCosts
|
$203.00K | USD | 2 Qtrs |
| Payment of common dividends |
PaymentsOfDividendsCommonStock
|
$2.21M | USD | 2 Qtrs |
| Payment of common dividends |
PaymentsOfDividendsCommonStock
|
$2.23M | USD | 2 Qtrs |
| Proceeds from issuance of Common Stock |
ProceedsFromIssuanceOfCommonStock
|
$78.83M | USD | 2 Qtrs |
| Proceeds from issuance of Common Stock |
ProceedsFromIssuanceOfCommonStock
|
- | USD | 2 Qtrs |
| Payment of Common Stock offering costs |
PaymentsOfStockIssuanceCosts
|
$325.00K | USD | 2 Qtrs |
| Payment of Common Stock offering costs |
PaymentsOfStockIssuanceCosts
|
- | USD | 2 Qtrs |
| Net proceeds from issuance of Series A Preferred Warrants |
ProceedsFromIssuanceOfWarrants
|
$29.00K | USD | 2 Qtrs |
| Net proceeds from issuance of Series A Preferred Warrants |
ProceedsFromIssuanceOfWarrants
|
- | USD | 2 Qtrs |
| Net proceeds from issuance of Preferred Stock |
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
$15.48M | USD | 2 Qtrs |
| Net proceeds from issuance of Preferred Stock |
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
$21.47M | USD | 2 Qtrs |
| Payment of preferred stock dividends |
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
$12.59M | USD | 2 Qtrs |
| Payment of preferred stock dividends |
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
$12.96M | USD | 2 Qtrs |
| Redemption of Preferred Stock |
PaymentsForRepurchaseOfRedeemablePreferredStock
|
$1.63M | USD | 2 Qtrs |
| Redemption of Preferred Stock |
PaymentsForRepurchaseOfRedeemablePreferredStock
|
$1.17M | USD | 2 Qtrs |
| Noncontrolling interests distributions |
PaymentsOfDividendsMinorityInterest
|
$45.00K | USD | 2 Qtrs |
| Noncontrolling interests distributions |
PaymentsOfDividendsMinorityInterest
|
$114.00K | USD | 2 Qtrs |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$68.31M | USD | 2 Qtrs |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$12.87M | USD | 2 Qtrs |
| NET INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$25.89M | USD | 2 Qtrs |
| NET INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$50.20M | USD | 2 Qtrs |
| Beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$86.15M | USD | Point-in-time |
| Beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$35.95M | USD | Point-in-time |
| Beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$69.53M | USD | Point-in-time |
| Beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$43.65M | USD | Point-in-time |
| End of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$86.15M | USD | Point-in-time |
| End of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$35.95M | USD | Point-in-time |
| End of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$69.53M | USD | Point-in-time |
| End of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$43.65M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$59.73M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$75.19M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$33.64M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$10.01M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$9.80M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$10.96M | USD | Point-in-time |
| Total cash and cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$86.15M | USD | Point-in-time |
| Total cash and cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$35.95M | USD | Point-in-time |
| Total cash and cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$69.53M | USD | Point-in-time |
| Total cash and cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$43.65M | USD | Point-in-time |
| Cash paid during the period for interest |
InterestPaidNet
|
$4.58M | USD | 2 Qtrs |
| Cash paid during the period for interest |
InterestPaidNet
|
$5.57M | USD | 2 Qtrs |
| Federal income taxes paid |
IncomeTaxesPaid
|
$100.00K | USD | 2 Qtrs |
| Federal income taxes paid |
IncomeTaxesPaid
|
$425.00K | USD | 2 Qtrs |
| Accrued capital expenditures, tenant improvements and real estate developments |
CapitalExpendituresIncurredButNotYetPaid
|
$3.76M | USD | 2 Qtrs |
| Accrued capital expenditures, tenant improvements and real estate developments |
CapitalExpendituresIncurredButNotYetPaid
|
$390.00K | USD | 2 Qtrs |
| Accrued preferred stock offering costs |
StockOfferingCostsNotYetPaid
|
$616.00K | USD | 2 Qtrs |
| Accrued preferred stock offering costs |
StockOfferingCostsNotYetPaid
|
$984.00K | USD | 2 Qtrs |
| Accrual of dividends payable to preferred stockholders |
AccrualOfDividendsPayableToPreferredStockholders
|
$2.43M | USD | 2 Qtrs |
| Accrual of dividends payable to preferred stockholders |
AccrualOfDividendsPayableToPreferredStockholders
|
$3.26M | USD | 2 Qtrs |
| Preferred stock offering costs offset against redeemable preferred stock |
OfferingCostsOffsetAgainstRedeemablePreferredStockTemporaryEquity
|
$250.00K | USD | 2 Qtrs |
| Preferred stock offering costs offset against redeemable preferred stock |
OfferingCostsOffsetAgainstRedeemablePreferredStockTemporaryEquity
|
$305.00K | USD | 2 Qtrs |
| Reclassification of Series A Preferred Stock from temporary equity to permanent equity |
ReclassificationsOfTemporaryToPermanentEquity
|
$121.20M | USD | 19 Qtrs |
| Reclassification of Series A Preferred Stock from temporary equity to permanent equity |
ReclassificationsOfTemporaryToPermanentEquity
|
$16.69M | USD | 2 Qtrs |
| Reclassification of Series A Preferred Stock from temporary equity to permanent equity |
ReclassificationsOfTemporaryToPermanentEquity
|
$20.72M | USD | 2 Qtrs |
| Accrued deferred costs |
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
|
$1.00K | USD | 2 Qtrs |
| Accrued deferred costs |
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
|
$457.00K | USD | 2 Qtrs |
| Reclassification of loans receivable, net to real estate owned |
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
$174.00K | USD | 2 Qtrs |
| Reclassification of loans receivable, net to real estate owned |
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
- | USD | 2 Qtrs |
| Redeemable preferred stock deemed dividends |
RedeemablePreferredStockDividends
|
$52.00K | USD | 1 Quarter |
| Redeemable preferred stock deemed dividends |
RedeemablePreferredStockDividends
|
$106.00K | USD | 1 Quarter |
| Redeemable preferred stock deemed dividends |
RedeemablePreferredStockDividends
|
$213.00K | USD | 2 Qtrs |
| Redeemable preferred stock deemed dividends |
RedeemablePreferredStockDividends
|
$163.00K | USD | 2 Qtrs |
| Accrued redeemable preferred stock fees |
RedeemablePreferredStockFeesIncurredButNotYetPaid
|
$640.00K | USD | 2 Qtrs |
| Accrued redeemable preferred stock fees |
RedeemablePreferredStockFeesIncurredButNotYetPaid
|
$249.00K | USD | 2 Qtrs |
| Equity-based payment for management fees |
StockIssued1
|
$2.42M | USD | 2 Qtrs |
| Equity-based payment for management fees |
StockIssued1
|
$2.36M | USD | 2 Qtrs |
| Accrued Common Stock offering costs included in additional paid-in capital |
CommonStockIssuanceCostsIncurredButNotYetPaid
|
$1.56M | USD | 2 Qtrs |
| Accrued Common Stock offering costs included in additional paid-in capital |
CommonStockIssuanceCostsIncurredButNotYetPaid
|
- | USD | 2 Qtrs |
Stockholders Equity
41 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common dividends paid (in usd per share) |
CommonStockDividendsPerShareCashPaid
|
$0.07 | USD | 1 Quarter |
| Common dividends paid (in usd per share) |
CommonStockDividendsPerShareCashPaid
|
$0.07 | USD | 1 Quarter |
| Common dividends paid (in usd per share) |
CommonStockDividendsPerShareCashPaid
|
$0.07 | USD | 1 Quarter |
| Common dividends paid (in usd per share) |
CommonStockDividendsPerShareCashPaid
|
$0.07 | USD | 1 Quarter |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$364.53M | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$279.54M | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$278.19M | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$284.39M | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$278.11M | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$278.51M | USD | Point-in-time |
| Contributions to noncontrolling interests |
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
|
- | USD | 1 Quarter |
| Distributions to noncontrolling interests |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$114.00K | USD | 1 Quarter |
| Distributions to noncontrolling interests |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$45.00K | USD | 1 Quarter |
| Stock-based compensation expense |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$56.00K | USD | 1 Quarter |
| Stock-based compensation expense |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$56.00K | USD | 1 Quarter |
| Stock-based compensation expense |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$50.00K | USD | 1 Quarter |
| Stock-based compensation expense |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$60.00K | USD | 1 Quarter |
| Common dividends |
DividendsCommonStock
|
$1.11M | USD | 1 Quarter |
| Common dividends |
DividendsCommonStock
|
$1.11M | USD | 1 Quarter |
| Common dividends |
DividendsCommonStock
|
$1.11M | USD | 1 Quarter |
| Common dividends |
DividendsCommonStock
|
$1.09M | USD | 1 Quarter |
| Issuance of Series A Preferred Warrants |
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
$28.00K | USD | 1 Quarter |
| Reclassification of Series A Preferred Stock to permanent equity |
ReclassificationsOfTemporaryToPermanentEquity
|
$121.20M | USD | 19 Qtrs |
| Reclassification of Series A Preferred Stock to permanent equity |
ReclassificationsOfTemporaryToPermanentEquity
|
$16.69M | USD | 2 Qtrs |
| Reclassification of Series A Preferred Stock to permanent equity |
ReclassificationsOfTemporaryToPermanentEquity
|
$20.72M | USD | 2 Qtrs |
| Redeemable Preferred Stock deemed dividends |
IncreaseInCarryingAmountOfRedeemablePreferredStock
|
$106.00K | USD | 1 Quarter |
| Redeemable Preferred Stock deemed dividends |
IncreaseInCarryingAmountOfRedeemablePreferredStock
|
$161.00K | USD | 1 Quarter |
| Redeemable Preferred Stock deemed dividends |
IncreaseInCarryingAmountOfRedeemablePreferredStock
|
$57.00K | USD | 1 Quarter |
| Redeemable Preferred Stock deemed dividends |
IncreaseInCarryingAmountOfRedeemablePreferredStock
|
$52.00K | USD | 1 Quarter |
| Net (loss) income |
ProfitLoss
|
$-1.26M | USD | 1 Quarter |
| Net (loss) income |
ProfitLoss
|
$-5.30M | USD | 2 Qtrs |
| Net (loss) income |
ProfitLoss
|
$-3.14M | USD | 2 Qtrs |
| Net (loss) income |
ProfitLoss
|
$-4.04M | USD | 1 Quarter |
| Net (loss) income |
ProfitLoss
|
$527.00K | USD | 1 Quarter |
| Net (loss) income |
ProfitLoss
|
$-3.67M | USD | 1 Quarter |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$364.53M | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$279.54M | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$278.19M | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$284.39M | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$278.11M | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$278.51M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.