10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000908311-22-000052 |
| Period End Date | 20220331 |
| Filing Date | 20220510 |
| Fiscal Year | 2022 |
| Fiscal Period | Q1 |
| XBRL Instance | cmct-20220331_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
|
$497.98M | USD | Point-in-time |
| Investments in real estate, net |
RealEstateInvestmentPropertyNet
|
$497.44M | USD | Point-in-time |
| Investment in unconsolidated entity - at fair value |
EquityMethodInvestmentsFairValueDisclosure
|
$22.53M | USD | Point-in-time |
| Investment in unconsolidated entity - at fair value |
EquityMethodInvestmentsFairValueDisclosure
|
- | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$34.60M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$17.05M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$22.31M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$9.89M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$11.34M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$13.57M | USD | Point-in-time |
| Common stock, par value (in usd per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Loans receivable, net |
NotesReceivableNet
|
$79.40M | 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 |
| Loans receivable, net |
NotesReceivableNet
|
$73.54M | USD | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
900.00M | shares | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
900.00M | shares | Point-in-time |
| Accounts receivable, net |
AccountsAndNotesReceivableNet
|
$2.95M | USD | Point-in-time |
| Accounts receivable, net |
AccountsAndNotesReceivableNet
|
$3.40M | USD | Point-in-time |
| Deferred rent receivable and charges, net |
DeferredRentReceivableAndChargesNet
|
$35.76M | USD | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
23.37M | shares | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
23.37M | shares | Point-in-time |
| Deferred rent receivable and charges, net |
DeferredRentReceivableAndChargesNet
|
$36.09M | USD | Point-in-time |
| Other intangible assets, net |
OtherIntangibleAssetsNet
|
$5.01M | USD | Point-in-time |
| Other intangible assets, net |
OtherIntangibleAssetsNet
|
$5.25M | USD | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
23.37M | shares | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
23.37M | shares | Point-in-time |
| Other assets |
OtherAssets
|
$10.95M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$14.55M | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$688.26M | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$660.87M | USD | Point-in-time |
| Debt, net |
DebtAndCapitalLeaseObligations
|
$228.20M | USD | Point-in-time |
| Debt, net |
DebtAndCapitalLeaseObligations
|
$201.15M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$26.75M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$16.03M | USD | Point-in-time |
| Intangible liabilities, net |
BelowMarketLeaseNet
|
$237.00K | USD | Point-in-time |
| Intangible liabilities, net |
BelowMarketLeaseNet
|
$168.00K | USD | Point-in-time |
| Due to related parties |
DueToRelatedPartiesCurrentAndNoncurrent
|
$4.54M | USD | Point-in-time |
| Due to related parties |
DueToRelatedPartiesCurrentAndNoncurrent
|
$5.81M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$21.62M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$16.86M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$249.53M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$271.82M | USD | Point-in-time |
| COMMITMENTS AND CONTINGENCIES (Note 14) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| COMMITMENTS AND CONTINGENCIES (Note 14) |
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 March 31, 2022 and 23,369,331 shares issued and outstanding as of December 31, 2021. |
CommonStockValue
|
$24.00K | USD | Point-in-time |
| Common stock, $0.001 par value; 900,000,000 shares authorized; 23,369,331 shares issued and outstanding as of March 31, 2022 and 23,369,331 shares issued and outstanding as of December 31, 2021. |
CommonStockValue
|
$24.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$866.27M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$866.75M | USD | Point-in-time |
| Distributions in excess of earnings |
AccumulatedDistributionsInExcessOfNetIncome
|
$804.23M | USD | Point-in-time |
| Distributions in excess of earnings |
AccumulatedDistributionsInExcessOfNetIncome
|
$806.92M | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$377.11M | USD | Point-in-time |
| Total stockholders equity |
StockholdersEquity
|
$373.20M | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$345.00K | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$350.00K | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$278.51M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$278.11M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$377.46M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$373.55M | USD | Point-in-time |
| TOTAL LIABILITIES, REDEEMABLE PREFERRED STOCK, AND EQUITY |
LiabilitiesAndStockholdersEquity
|
$688.26M | USD | Point-in-time |
| TOTAL LIABILITIES, REDEEMABLE PREFERRED STOCK, AND EQUITY |
LiabilitiesAndStockholdersEquity
|
$660.87M | USD | Point-in-time |
Income Statement
48 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Rental and other property income |
OperatingLeaseAndOtherPropertyRevenue
|
$14.10M | USD | 1 Quarter |
| Rental and other property income |
OperatingLeaseAndOtherPropertyRevenue
|
$13.35M | USD | 1 Quarter |
| Hotel income |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$1.73M | USD | 1 Quarter |
| Hotel income |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$7.40M | USD | 1 Quarter |
| Interest and other income |
InterestAndOtherOperatingIncome
|
$3.80M | USD | 1 Quarter |
| Interest and other income |
InterestAndOtherOperatingIncome
|
$3.28M | USD | 1 Quarter |
| Total Revenues |
Revenues
|
$18.88M | USD | 1 Quarter |
| Total Revenues |
Revenues
|
$24.78M | USD | 1 Quarter |
| Rental and other property operating |
DirectCostsOfLeasedAndRentedPropertyOrEquipment
|
$11.49M | USD | 1 Quarter |
| Rental and other property operating |
DirectCostsOfLeasedAndRentedPropertyOrEquipment
|
$8.29M | USD | 1 Quarter |
| Asset management and other fees to related parties |
RelatedPartyAssetManagementFeesAndOtherFees
|
$921.00K | USD | 1 Quarter |
| Asset management and other fees to related parties |
RelatedPartyAssetManagementFeesAndOtherFees
|
$2.26M | USD | 1 Quarter |
| Interest |
InterestExpense
|
$2.17M | USD | 1 Quarter |
| Interest |
InterestExpense
|
$2.63M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$2.62M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$1.81M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$5.04M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$5.00M | USD | 1 Quarter |
| Total Expenses |
CostsAndExpenses
|
$22.29M | USD | 1 Quarter |
| Total Expenses |
CostsAndExpenses
|
$22.18M | USD | 1 Quarter |
| Income from unconsolidated entity |
IncomeLossFromEquityMethodInvestments
|
- | USD | 1 Quarter |
| Income from unconsolidated entity |
IncomeLossFromEquityMethodInvestments
|
$120.00K | USD | 1 Quarter |
| INCOME (LOSS) BEFORE PROVISION FOR INCOME TAXES |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-3.30M | USD | 1 Quarter |
| INCOME (LOSS) BEFORE PROVISION FOR INCOME TAXES |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$2.61M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$374.00K | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$307.00K | USD | 1 Quarter |
| NET INCOME (LOSS) |
ProfitLoss
|
$2.30M | USD | 1 Quarter |
| NET INCOME (LOSS) |
ProfitLoss
|
$-3.67M | USD | 1 Quarter |
| Net (income) loss attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$-1.00K | USD | 1 Quarter |
| Net (income) loss attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$5.00K | USD | 1 Quarter |
| NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY |
NetIncomeLoss
|
$-3.67M | USD | 1 Quarter |
| NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY |
NetIncomeLoss
|
$2.30M | USD | 1 Quarter |
| Redeemable preferred stock dividends declared or accumulated (Note 10) |
RedeemablePreferredStockDividendsDeclaredAndAccumulated
|
$4.47M | USD | 1 Quarter |
| Redeemable preferred stock dividends declared or accumulated (Note 10) |
RedeemablePreferredStockDividendsDeclaredAndAccumulated
|
$5.02M | USD | 1 Quarter |
| Redeemable preferred stock deemed dividends (Note 10) |
RedeemablePreferredStockDividends
|
$15.00K | USD | 1 Quarter |
| Redeemable preferred stock deemed dividends (Note 10) |
RedeemablePreferredStockDividends
|
$57.00K | USD | 1 Quarter |
| Redeemable preferred stock redemptions (Note 10) |
PreferredStockRedemptionPremium
|
$13.00K | USD | 1 Quarter |
| Redeemable preferred stock redemptions (Note 10) |
PreferredStockRedemptionPremium
|
$75.00K | USD | 1 Quarter |
| NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$-8.21M | USD | 1 Quarter |
| NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$-2.81M | USD | 1 Quarter |
| Basic (in usd per share) |
EarningsPerShareBasic
|
$-0.55 | USD | 1 Quarter |
| Basic (in usd per share) |
EarningsPerShareBasic
|
$-0.12 | USD | 1 Quarter |
| Diluted (in usd per share) |
EarningsPerShareDiluted
|
$-0.55 | USD | 1 Quarter |
| Diluted (in usd per share) |
EarningsPerShareDiluted
|
$-0.12 | USD | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
23.35M | shares | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
14.81M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
23.35M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
14.81M | shares | 1 Quarter |
Cash Flow Statement
119 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
ProfitLoss
|
$2.30M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-3.67M | USD | 1 Quarter |
| Depreciation and amortization, net |
DepreciationDepletionAndAmortization
|
$5.04M | USD | 1 Quarter |
| Depreciation and amortization, net |
DepreciationDepletionAndAmortization
|
$5.02M | USD | 1 Quarter |
| Amortization of deferred debt origination costs |
AmortizationOfFinancingCosts
|
$297.00K | USD | 1 Quarter |
| Amortization of deferred debt origination costs |
AmortizationOfFinancingCosts
|
$324.00K | USD | 1 Quarter |
| Amortization of premiums and discounts on debt |
AmortizationOfDebtDiscountPremium
|
$-3.00K | USD | 1 Quarter |
| Amortization of premiums and discounts on debt |
AmortizationOfDebtDiscountPremium
|
$2.00K | USD | 1 Quarter |
| Unrealized premium adjustment |
UnrealizedPremiumAdjustment
|
$467.00K | USD | 1 Quarter |
| Unrealized premium adjustment |
UnrealizedPremiumAdjustment
|
$573.00K | USD | 1 Quarter |
| Amortization of deferred costs and accretion of fees on loans receivable, net |
AmortizationAndAccretionOnLoansReceivableNet
|
$129.00K | USD | 1 Quarter |
| Amortization of deferred costs and accretion of fees on loans receivable, net |
AmortizationAndAccretionOnLoansReceivableNet
|
$150.00K | USD | 1 Quarter |
| (Recoveries) write-offs of uncollectible receivables |
ProvisionForDoubtfulAccounts
|
$109.00K | USD | 1 Quarter |
| (Recoveries) write-offs of uncollectible receivables |
ProvisionForDoubtfulAccounts
|
$811.00K | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$-72.00K | USD | 1 Quarter |
| Deferred income taxes |
DeferredIncomeTaxExpenseBenefit
|
$56.00K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$60.00K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$55.00K | USD | 1 Quarter |
| Income from unconsolidated entity |
IncomeLossFromEquityMethodInvestments
|
- | USD | 1 Quarter |
| Income from unconsolidated entity |
IncomeLossFromEquityMethodInvestments
|
$120.00K | USD | 1 Quarter |
| Loans funded, held for sale to secondary market |
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
|
$13.77M | USD | 1 Quarter |
| Loans funded, held for sale to secondary market |
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
|
$12.37M | USD | 1 Quarter |
| Proceeds from sale of guaranteed loans |
ProceedsFromSaleOfLoansHeldForSale
|
$14.85M | USD | 1 Quarter |
| Proceeds from sale of guaranteed loans |
ProceedsFromSaleOfLoansHeldForSale
|
$12.21M | USD | 1 Quarter |
| Principal collected on loans subject to secured borrowings |
ProceedsFromCollectionOfLoansHeldForSale
|
$374.00K | USD | 1 Quarter |
| Principal collected on loans subject to secured borrowings |
ProceedsFromCollectionOfLoansHeldForSale
|
$212.00K | USD | 1 Quarter |
| Commitment fees remitted and other operating activity |
OtherOperatingActivitiesCashFlowStatement
|
$-83.00K | USD | 1 Quarter |
| Commitment fees remitted and other operating activity |
OtherOperatingActivitiesCashFlowStatement
|
$-600.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$536.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-372.00K | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$2.53M | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$3.51M | USD | 1 Quarter |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-722.00K | USD | 1 Quarter |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-1.72M | USD | 1 Quarter |
| Deferred leasing costs |
IncreaseDecreaseInDeferredLeasingFees
|
$87.00K | USD | 1 Quarter |
| Deferred leasing costs |
IncreaseDecreaseInDeferredLeasingFees
|
$304.00K | USD | 1 Quarter |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$4.75M | USD | 1 Quarter |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$1.86M | USD | 1 Quarter |
| Due to related parties |
IncreaseDecreaseInDueToRelatedParties
|
$2.63M | USD | 1 Quarter |
| Due to related parties |
IncreaseDecreaseInDueToRelatedParties
|
$1.27M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$8.64M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$4.63M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToDevelopRealEstateAssets
|
$2.38M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToDevelopRealEstateAssets
|
$374.00K | USD | 1 Quarter |
| Acquisition of real estate |
PaymentsToAcquireRealEstate
|
- | USD | 1 Quarter |
| Acquisition of real estate |
PaymentsToAcquireRealEstate
|
$2.27M | USD | 1 Quarter |
| Investment in unconsolidated entity |
PaymentsToAcquireEquityMethodInvestments
|
$22.41M | USD | 1 Quarter |
| Investment in unconsolidated entity |
PaymentsToAcquireEquityMethodInvestments
|
- | USD | 1 Quarter |
| Loans funded |
PaymentsToAcquireLoansHeldForInvestment
|
$11.82M | USD | 1 Quarter |
| Loans funded |
PaymentsToAcquireLoansHeldForInvestment
|
$10.41M | USD | 1 Quarter |
| Principal collected on loans |
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
$4.39M | USD | 1 Quarter |
| Principal collected on loans |
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
$8.64M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-33.08M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-3.56M | USD | 1 Quarter |
| Payment of revolving credit facilities, mortgages payable, term notes and principal on SBA 7(a) loan-backed notes |
RepaymentsOfOtherLongTermDebt
|
$12.87M | USD | 1 Quarter |
| Payment of revolving credit facilities, mortgages payable, term notes and principal on SBA 7(a) loan-backed notes |
RepaymentsOfOtherLongTermDebt
|
$7.65M | USD | 1 Quarter |
| Proceeds from revolving credit facilities and term notes |
ProceedsFromIssuanceOfOtherLongTermDebt
|
$14.98M | USD | 1 Quarter |
| Proceeds from revolving credit facilities and term notes |
ProceedsFromIssuanceOfOtherLongTermDebt
|
$40.00M | USD | 1 Quarter |
| Payment of principal on secured borrowings |
RepaymentsOfSecuredDebt
|
$212.00K | USD | 1 Quarter |
| Payment of principal on secured borrowings |
RepaymentsOfSecuredDebt
|
$374.00K | USD | 1 Quarter |
| Payment of deferred preferred stock offering costs |
PaymentsOfDeferredStockIssuanceCosts
|
$148.00K | USD | 1 Quarter |
| Payment of deferred preferred stock offering costs |
PaymentsOfDeferredStockIssuanceCosts
|
$223.00K | USD | 1 Quarter |
| Payment of deferred costs |
PaymentofOtherDeferredCosts
|
- | USD | 1 Quarter |
| Payment of deferred costs |
PaymentofOtherDeferredCosts
|
$125.00K | USD | 1 Quarter |
| Payment of common dividends |
PaymentsOfDividendsCommonStock
|
$1.11M | USD | 1 Quarter |
| Payment of common dividends |
PaymentsOfDividendsCommonStock
|
$1.99M | USD | 1 Quarter |
| Net proceeds from issuance of Preferred Stock |
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
$8.94M | USD | 1 Quarter |
| Net proceeds from issuance of Preferred Stock |
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
$5.46M | USD | 1 Quarter |
| Payment of preferred stock dividends |
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
$11.17M | USD | 1 Quarter |
| Payment of preferred stock dividends |
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
$10.63M | USD | 1 Quarter |
| Redemption of Preferred Stock |
PaymentsForRepurchaseOfRedeemablePreferredStock
|
$687.00K | USD | 1 Quarter |
| Redemption of Preferred Stock |
PaymentsForRepurchaseOfRedeemablePreferredStock
|
$1.15M | USD | 1 Quarter |
| Noncontrolling interests distributions |
PaymentsOfDividendsMinorityInterest
|
$114.00K | USD | 1 Quarter |
| Noncontrolling interests distributions |
PaymentsOfDividendsMinorityInterest
|
- | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-231.00K | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$21.41M | USD | 1 Quarter |
| NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-3.03M | USD | 1 Quarter |
| NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$847.00K | USD | 1 Quarter |
| Beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$33.65M | USD | Point-in-time |
| Beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$44.50M | USD | Point-in-time |
| Beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$43.65M | USD | Point-in-time |
| Beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$30.62M | USD | Point-in-time |
| End of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$33.65M | USD | Point-in-time |
| End of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$44.50M | USD | Point-in-time |
| End of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$43.65M | USD | Point-in-time |
| End of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$30.62M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$34.60M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$17.05M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$22.31M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$9.89M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$11.34M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$13.57M | USD | Point-in-time |
| Total cash and cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$33.65M | USD | Point-in-time |
| Total cash and cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$44.50M | USD | Point-in-time |
| Total cash and cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$43.65M | USD | Point-in-time |
| Total cash and cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$30.62M | USD | Point-in-time |
| Cash paid during the period for interest |
InterestPaidNet
|
$1.86M | USD | 1 Quarter |
| Cash paid during the period for interest |
InterestPaidNet
|
$2.32M | USD | 1 Quarter |
| Federal income taxes paid |
IncomeTaxesPaid
|
$25.00K | USD | 1 Quarter |
| Federal income taxes paid |
IncomeTaxesPaid
|
- | USD | 1 Quarter |
| Accrued capital expenditures, tenant improvements and real estate developments |
CapitalExpendituresIncurredButNotYetPaid
|
$1.14M | USD | 1 Quarter |
| Accrued capital expenditures, tenant improvements and real estate developments |
CapitalExpendituresIncurredButNotYetPaid
|
$213.00K | USD | 1 Quarter |
| Accrued preferred stock offering costs |
StockOfferingCostsNotYetPaid
|
$151.00K | USD | 1 Quarter |
| Accrued preferred stock offering costs |
StockOfferingCostsNotYetPaid
|
$739.00K | USD | 1 Quarter |
| Accrual of dividends payable to preferred stockholders |
AccrualOfDividendsPayableToPreferredStockholders
|
$3.07M | USD | 1 Quarter |
| Accrual of dividends payable to preferred stockholders |
AccrualOfDividendsPayableToPreferredStockholders
|
$3.80M | USD | 1 Quarter |
| Preferred stock offering costs offset against redeemable preferred stock |
OfferingCostsOffsetAgainstRedeemablePreferredStockTemporaryEquity
|
$87.00K | USD | 1 Quarter |
| Preferred stock offering costs offset against redeemable preferred stock |
OfferingCostsOffsetAgainstRedeemablePreferredStockTemporaryEquity
|
$134.00K | USD | 1 Quarter |
| Reclassification of Series A Preferred Stock from temporary equity to permanent equity |
ReclassificationsOfTemporaryToPermanentEquity
|
$153.90M | USD | 22 Qtrs |
| Reclassification of Series A Preferred Stock from temporary equity to permanent equity |
ReclassificationsOfTemporaryToPermanentEquity
|
$7.67M | USD | 1 Quarter |
| Reclassification of Series A Preferred Stock from temporary equity to permanent equity |
ReclassificationsOfTemporaryToPermanentEquity
|
$8.24M | USD | 1 Quarter |
| Accrued deferred costs |
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
|
$54.00K | USD | 1 Quarter |
| Accrued deferred costs |
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
|
- | USD | 1 Quarter |
| Redeemable preferred stock deemed dividends |
RedeemablePreferredStockDividends
|
$15.00K | USD | 1 Quarter |
| Redeemable preferred stock deemed dividends |
RedeemablePreferredStockDividends
|
$57.00K | USD | 1 Quarter |
| Accrued redeemable preferred stock fees |
RedeemablePreferredStockFeesIncurredButNotYetPaid
|
$541.00K | USD | 1 Quarter |
| Accrued redeemable preferred stock fees |
RedeemablePreferredStockFeesIncurredButNotYetPaid
|
$596.00K | USD | 1 Quarter |
| Equity-based payment for management fees |
StockIssued1
|
- | USD | 1 Quarter |
| Equity-based payment for management fees |
StockIssued1
|
$2.42M | USD | 1 Quarter |
Stockholders Equity
22 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
|
$0.09 | USD | 1 Quarter |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$278.51M | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$278.11M | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$377.46M | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$373.55M | USD | Point-in-time |
| Distributions to noncontrolling interests |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$114.00K | USD | 1 Quarter |
| Stock based compensation expense |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$55.00K | USD | 1 Quarter |
| Stock based compensation expense |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$60.00K | USD | 1 Quarter |
| Common dividends |
DividendsCommonStock
|
$1.11M | USD | 1 Quarter |
| Common dividends |
DividendsCommonStock
|
$1.99M | USD | 1 Quarter |
| Reclassification of Series A Preferred stock to Perm Equity |
ReclassificationsOfTemporaryToPermanentEquity
|
$153.90M | USD | 22 Qtrs |
| Reclassification of Series A Preferred stock to Perm Equity |
ReclassificationsOfTemporaryToPermanentEquity
|
$7.67M | USD | 1 Quarter |
| Reclassification of Series A Preferred stock to Perm Equity |
ReclassificationsOfTemporaryToPermanentEquity
|
$8.24M | USD | 1 Quarter |
| Redeemable preferred stock accretion |
IncreaseInCarryingAmountOfRedeemablePreferredStock
|
$57.00K | USD | 1 Quarter |
| Redeemable preferred stock accretion |
IncreaseInCarryingAmountOfRedeemablePreferredStock
|
$15.00K | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$2.30M | USD | 1 Quarter |
| Net income (loss) |
ProfitLoss
|
$-3.67M | USD | 1 Quarter |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$278.51M | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$278.11M | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$377.46M | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$373.55M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.