10-K Filing

CREATIVE MEDIA & COMMUNITY TRUST CORP CIK: 908311 FY 2022

Filing Information

Form Type	10-K
Accession Number	`0000908311-23-000020`
Period End Date	20221231
Filing Date	20230331
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	cmct-20221231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 69 Income Statement 50 Cash Flow Statement 131 Stockholders Equity 35

Balance Sheet 69 line items

Line Item	Tag	Value	Unit	Period
Temporary equity, par value (in usd per share)	`TemporaryEquityParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Temporary equity, par value (in usd per share)	`TemporaryEquityParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Temporary equity, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	35.44M	shares	Point-in-time
Investments in real estate, net	`RealEstateInvestmentPropertyNet`	$502.01M	USD	Point-in-time
Investments in real estate, net	`RealEstateInvestmentPropertyNet`	$497.98M	USD	Point-in-time
Temporary equity, shares authorized (in shares)	`TemporaryEquitySharesAuthorized`	35.44M	shares	Point-in-time
Temporary equity, shares issued (in shares)	`TemporaryEquitySharesIssued`	1.63M	shares	Point-in-time
Investment in unconsolidated entity	`EquityMethodInvestments`	$12.38M	USD	Point-in-time
Temporary equity, shares issued (in shares)	`TemporaryEquitySharesIssued`	693,741.00	shares	Point-in-time
Investment in unconsolidated entity	`EquityMethodInvestments`	-	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$46.19M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$22.31M	USD	Point-in-time
Temporary equity, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	1.63M	shares	Point-in-time
Temporary equity, shares outstanding (in shares)	`TemporaryEquitySharesOutstanding`	693,741.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$11.29M	USD	Point-in-time
Temporary equity, liquidation preference per share (in usd per share)	`TemporaryEquityLiquidationPreferencePerShare`	$25.00	USD	Point-in-time
Temporary equity, liquidation preference per share (in usd per share)	`TemporaryEquityLiquidationPreferencePerShare`	$25.00	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$11.34M	USD	Point-in-time
Loans receivable, net	`NotesReceivableNet`	$62.55M	USD	Point-in-time
Loans receivable, net	`NotesReceivableNet`	$73.54M	USD	Point-in-time
Accounts receivable, net	`AccountsAndNotesReceivableNet`	$3.40M	USD	Point-in-time
Accounts receivable, net	`AccountsAndNotesReceivableNet`	$3.78M	USD	Point-in-time
Deferred rent receivable and charges, net	`DeferredRentReceivableAndChargesNet`	$37.54M	USD	Point-in-time
Deferred rent receivable and charges, net	`DeferredRentReceivableAndChargesNet`	$36.09M	USD	Point-in-time
Other intangible assets, net	`OtherIntangibleAssetsNet`	$4.46M	USD	Point-in-time
Other intangible assets, net	`OtherIntangibleAssetsNet`	$5.25M	USD	Point-in-time
Other assets	`OtherAssets`	$10.95M	USD	Point-in-time
Other assets	`OtherAssets`	$10.05M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$690.25M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$660.87M	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, authorized shares (in shares)	`CommonStockSharesAuthorized`	900.00M	shares	Point-in-time
Common stock, authorized shares (in shares)	`CommonStockSharesAuthorized`	900.00M	shares	Point-in-time
Debt, net	`DebtAndCapitalLeaseObligations`	$184.27M	USD	Point-in-time
Common stock, issued shares (in shares)	`CommonStockSharesIssued`	23.37M	shares	Point-in-time
Common stock, issued shares (in shares)	`CommonStockSharesIssued`	22.74M	shares	Point-in-time
Debt, net	`DebtAndCapitalLeaseObligations`	$201.15M	USD	Point-in-time
Common stock, outstanding shares (in shares)	`CommonStockSharesOutstanding`	22.74M	shares	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$107.22M	USD	Point-in-time
Common stock, outstanding shares (in shares)	`CommonStockSharesOutstanding`	23.37M	shares	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$26.75M	USD	Point-in-time
Intangible liabilities, net	`BelowMarketLeaseNet`	$237.00K	USD	Point-in-time
Intangible liabilities, net	`BelowMarketLeaseNet`	$20.00K	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrentAndNoncurrent`	$3.15M	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrentAndNoncurrent`	$4.54M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$16.86M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$17.86M	USD	Point-in-time
Total liabilities	`Liabilities`	$312.52M	USD	Point-in-time
Total liabilities	`Liabilities`	$249.53M	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
REDEEMABLE PREFERRED STOCK: Series A cumulative redeemable preferred stock, $0.001 par value; 35,438,752 and 35,776,705 shares authorized as of December 31, 2022 and December 31, 2021, respectively; 693,741 shares issued and outstanding as of December 31, 2022 and 1,633,965 and 1,631,965 shares issued and outstanding, respectively, as of December 31, 2021; liquidation preference of $25.00 per share, subject to adjustment	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$37.78M	USD	Point-in-time
REDEEMABLE PREFERRED STOCK: Series A cumulative redeemable preferred stock, $0.001 par value; 35,438,752 and 35,776,705 shares authorized as of December 31, 2022 and December 31, 2021, respectively; 693,741 shares issued and outstanding as of December 31, 2022 and 1,633,965 and 1,631,965 shares issued and outstanding, respectively, as of December 31, 2021; liquidation preference of $25.00 per share, subject to adjustment	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$15.70M	USD	Point-in-time
Common stock, $0.001 par value; 900,000,000 shares authorized; 22,737,853 and 23,369,331 shares issued and outstanding as of December 31, 2022 and December 31, 2021, respectively	`CommonStockValue`	$23.00K	USD	Point-in-time
Common stock, $0.001 par value; 900,000,000 shares authorized; 22,737,853 and 23,369,331 shares issued and outstanding as of December 31, 2022 and December 31, 2021, respectively	`CommonStockValue`	$24.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$861.72M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$866.75M	USD	Point-in-time
Distributions in excess of earnings	`AccumulatedDistributionsInExcessOfNetIncome`	$837.85M	USD	Point-in-time
Distributions in excess of earnings	`AccumulatedDistributionsInExcessOfNetIncome`	$804.23M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$373.20M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$361.66M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$373.00K	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$345.00K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$362.03M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$278.11M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$373.55M	USD	Point-in-time
TOTAL LIABILITIES, REDEEMABLE PREFERRED STOCK, AND EQUITY	`LiabilitiesAndStockholdersEquity`	$660.87M	USD	Point-in-time
TOTAL LIABILITIES, REDEEMABLE PREFERRED STOCK, AND EQUITY	`LiabilitiesAndStockholdersEquity`	$690.25M	USD	Point-in-time

Income Statement 50 line items

Line Item	Tag	Value	Unit	Period
Rental and other property income	`OperatingLeaseAndOtherPropertyRevenue`	$52.84M	USD	Annual
Rental and other property income	`OperatingLeaseAndOtherPropertyRevenue`	$56.23M	USD	Annual
Hotel income	`RevenueFromContractWithCustomerExcludingAssessedTax`	$33.43M	USD	Annual
Hotel income	`RevenueFromContractWithCustomerExcludingAssessedTax`	$16.72M	USD	Annual
Interest and other income	`InterestAndOtherOperatingIncome`	$21.37M	USD	Annual
Interest and other income	`InterestAndOtherOperatingIncome`	$12.25M	USD	Annual
Total Revenues	`Revenues`	$101.91M	USD	Annual
Total Revenues	`Revenues`	$90.93M	USD	Annual
Rental and other property operating	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$39.27M	USD	Annual
Rental and other property operating	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$50.53M	USD	Annual
Asset management and other fees to related parties	`RelatedPartyAssetManagementFeesAndOtherFees`	$9.03M	USD	Annual
Asset management and other fees to related parties	`RelatedPartyAssetManagementFeesAndOtherFees`	$3.57M	USD	Annual
Interest	`InterestExpense`	$9.60M	USD	Annual
Interest	`InterestExpense`	$9.41M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$6.87M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$6.84M	USD	Annual
Transaction costs	`BusinessCombinationAcquisitionRelatedCosts`	$143.00K	USD	Annual
Transaction costs	`BusinessCombinationAcquisitionRelatedCosts`	$223.00K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$20.11M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$20.35M	USD	Annual
Total Expenses	`CostsAndExpenses`	$88.78M	USD	Annual
Total Expenses	`CostsAndExpenses`	$94.99M	USD	Annual
Income from unconsolidated entity	`IncomeLossFromEquityMethodInvestments`	$164.00K	USD	Annual
Income from unconsolidated entity	`IncomeLossFromEquityMethodInvestments`	-	USD	Annual
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$7.08M	USD	Annual
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.14M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.13M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.99M	USD	Annual
NET INCOME (LOSS)	`ProfitLoss`	$-851.00K	USD	Annual
NET INCOME (LOSS)	`ProfitLoss`	$5.95M	USD	Annual
Net (income) loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$27.00K	USD	Annual
Net (income) loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.00K	USD	Annual
NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY	`NetIncomeLoss`	$5.92M	USD	Annual
NET INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY	`NetIncomeLoss`	$-850.00K	USD	Annual
Redeemable preferred stock dividends declared or accumulated (Note 10)	`RedeemablePreferredStockDividendsDeclaredAndAccumulated`	$18.56M	USD	Annual
Redeemable preferred stock dividends declared or accumulated (Note 10)	`RedeemablePreferredStockDividendsDeclaredAndAccumulated`	$18.76M	USD	Annual
Redeemable preferred stock deemed dividends (Note 10)	`RedeemablePreferredStockDividends`	$253.00K	USD	Annual
Redeemable preferred stock deemed dividends (Note 10)	`RedeemablePreferredStockDividends`	$19.00K	USD	Annual
Redeemable preferred stock redemptions (Note 10)	`PreferredStockRedemptionPremium`	$13.13M	USD	Annual
Redeemable preferred stock redemptions (Note 10)	`PreferredStockRedemptionPremium`	$113.00K	USD	Annual
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-19.98M	USD	Annual
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-25.79M	USD	Annual
Basic (in usd per share)	`EarningsPerShareBasic`	$-1.11	USD	Annual
Basic (in usd per share)	`EarningsPerShareBasic`	$-1.04	USD	Annual
Diluted (in usd per share)	`EarningsPerShareDiluted`	$-1.11	USD	Annual
Diluted (in usd per share)	`EarningsPerShareDiluted`	$-1.04	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	19.19M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	23.15M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	19.19M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	23.15M	shares	Annual

Cash Flow Statement 131 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`ProfitLoss`	$-851.00K	USD	Annual
Net (loss) income	`ProfitLoss`	$5.95M	USD	Annual
Depreciation and amortization, net	`DepreciationDepletionAndAmortization`	$20.50M	USD	Annual
Depreciation and amortization, net	`DepreciationDepletionAndAmortization`	$20.19M	USD	Annual
Amortization of deferred loan costs	`AmortizationOfFinancingCosts`	$1.07M	USD	Annual
Amortization of deferred loan costs	`AmortizationOfFinancingCosts`	$1.07M	USD	Annual
Amortization of premiums and discounts on debt	`AmortizationOfDebtDiscountPremium`	$-61.00K	USD	Annual
Amortization of premiums and discounts on debt	`AmortizationOfDebtDiscountPremium`	$48.00K	USD	Annual
Unrealized premium adjustment	`UnrealizedPremiumAdjustment`	$1.47M	USD	Annual
Unrealized premium adjustment	`UnrealizedPremiumAdjustment`	$2.93M	USD	Annual
Amortization of deferred costs and accretion of fees on loans receivable, net	`AmortizationAndAccretionOnLoansReceivableNet`	$622.00K	USD	Annual
Amortization of deferred costs and accretion of fees on loans receivable, net	`AmortizationAndAccretionOnLoansReceivableNet`	$688.00K	USD	Annual
Write-offs (recoveries) of uncollectible receivables	`ProvisionForDoubtfulAccounts`	$259.00K	USD	Annual
Write-offs (recoveries) of uncollectible receivables	`ProvisionForDoubtfulAccounts`	$-82.00K	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-3.00K	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$72.00K	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$202.00K	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$220.00K	USD	Annual
Income from unconsolidated entity	`IncomeLossFromEquityMethodInvestments`	$164.00K	USD	Annual
Income from unconsolidated entity	`IncomeLossFromEquityMethodInvestments`	-	USD	Annual
Loans funded, held for sale to secondary market	`PaymentsForOriginationAndPurchasesOfLoansHeldForSale`	$96.99M	USD	Annual
Loans funded, held for sale to secondary market	`PaymentsForOriginationAndPurchasesOfLoansHeldForSale`	$30.77M	USD	Annual
Proceeds from sale of guaranteed loans	`ProceedsFromSaleOfLoansHeldForSale`	$109.00M	USD	Annual
Proceeds from sale of guaranteed loans	`ProceedsFromSaleOfLoansHeldForSale`	$31.94M	USD	Annual
Principal collected on loans subject to secured borrowings	`ProceedsFromCollectionOfLoansHeldForSale`	$1.79M	USD	Annual
Principal collected on loans subject to secured borrowings	`ProceedsFromCollectionOfLoansHeldForSale`	$692.00K	USD	Annual
Commitment fees remitted and other operating activity	`OtherOperatingActivitiesCashFlowStatement`	$-2.56M	USD	Annual
Commitment fees remitted and other operating activity	`OtherOperatingActivitiesCashFlowStatement`	$-1.09M	USD	Annual
Return on investment from unconsolidated entity	`ProceedsFromEquityMethodInvestmentDistributionReturnOnInvestment`	-	USD	Annual
Return on investment from unconsolidated entity	`ProceedsFromEquityMethodInvestmentDistributionReturnOnInvestment`	$164.00K	USD	Annual
Accounts receivable	`IncreaseDecreaseInReceivables`	$1.52M	USD	Annual
Accounts receivable	`IncreaseDecreaseInReceivables`	$480.00K	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$40.00K	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.34M	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$801.00K	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.57M	USD	Annual
Deferred leasing costs	`IncreaseDecreaseInDeferredCharges`	$1.67M	USD	Annual
Deferred leasing costs	`IncreaseDecreaseInDeferredCharges`	$2.06M	USD	Annual
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$7.13M	USD	Annual
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$995.00K	USD	Annual
Due to related parties	`IncreaseDecreaseInDueToRelatedParties`	$3.61M	USD	Annual
Due to related parties	`IncreaseDecreaseInDueToRelatedParties`	$7.01M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$32.41M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$46.28M	USD	Annual
Capital expenditures	`PaymentsToDevelopRealEstateAssets`	$4.05M	USD	Annual
Capital expenditures	`PaymentsToDevelopRealEstateAssets`	$8.82M	USD	Annual
Acquisition of real estate	`PaymentsToAcquireRealEstate`	$10.79M	USD	Annual
Acquisition of real estate	`PaymentsToAcquireRealEstate`	$2.93M	USD	Annual
Investment in unconsolidated entity	`PaymentsToAcquireEquityMethodInvestments`	-	USD	Annual
Investment in unconsolidated entity	`PaymentsToAcquireEquityMethodInvestments`	$22.65M	USD	Annual
Return of investment from unconsolidated entity	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	-	USD	Annual
Return of investment from unconsolidated entity	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$10.27M	USD	Annual
Loans funded	`PaymentsToAcquireLoansHeldForInvestment`	$9.85M	USD	Annual
Loans funded	`PaymentsToAcquireLoansHeldForInvestment`	$36.30M	USD	Annual
Principal collected on loans	`ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment`	$19.56M	USD	Annual
Principal collected on loans	`ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment`	$30.58M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-12.70M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-22.27M	USD	Annual
Payment of unsecured revolving lines of credit, revolving credit facilities, mortgages payable, term notes and principal on SBA 7(a) loan-backed notes	`RepaymentsOfOtherLongTermDebt`	$157.91M	USD	Annual
Payment of unsecured revolving lines of credit, revolving credit facilities, mortgages payable, term notes and principal on SBA 7(a) loan-backed notes	`RepaymentsOfOtherLongTermDebt`	$182.70M	USD	Annual
Proceeds from unsecured revolving lines of credit, revolving credit facilities and term notes	`ProceedsFromIssuanceOfOtherLongTermDebt`	$35.40M	USD	Annual
Proceeds from unsecured revolving lines of credit, revolving credit facilities and term notes	`ProceedsFromIssuanceOfOtherLongTermDebt`	$166.23M	USD	Annual
Payment of principal on secured borrowings	`RepaymentsOfSecuredDebt`	$692.00K	USD	Annual
Payment of principal on secured borrowings	`RepaymentsOfSecuredDebt`	$1.79M	USD	Annual
Payment of deferred preferred stock offering costs	`PaymentsOfDeferredStockIssuanceCosts`	$1.58M	USD	Annual
Payment of deferred preferred stock offering costs	`PaymentsOfDeferredStockIssuanceCosts`	$1.15M	USD	Annual
Payment of deferred costs	`PaymentofOtherDeferredCosts`	$2.93M	USD	Annual
Payment of deferred costs	`PaymentofOtherDeferredCosts`	$1.00K	USD	Annual
Payment of common dividends	`PaymentsOfDividendsCommonStock`	$3.98M	USD	Annual
Payment of common dividends	`PaymentsOfDividendsCommonStock`	$7.66M	USD	Annual
Proceeds from issuance of Common Stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds from issuance of Common Stock	`ProceedsFromIssuanceOfCommonStock`	$78.83M	USD	Annual
Payment of Common Stock offering costs	`PaymentsOfStockIssuanceCosts`	$1.90M	USD	Annual
Payment of Common Stock offering costs	`PaymentsOfStockIssuanceCosts`	-	USD	Annual
Repurchase of Common Stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	Annual
Repurchase of Common Stock	`PaymentsForRepurchaseOfCommonStock`	$4.71M	USD	Annual
Net proceeds from issuance of Preferred Stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$29.83M	USD	Annual
Net proceeds from issuance of Preferred Stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$148.01M	USD	Annual
Payment of preferred stock dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$24.33M	USD	Annual
Payment of preferred stock dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$18.05M	USD	Annual
Repurchase of Series L Preferred Stock	`PaymentsForRepurchaseOfPreferredStockAndPreferenceStock`	-	USD	Annual
Repurchase of Series L Preferred Stock	`PaymentsForRepurchaseOfPreferredStockAndPreferenceStock`	$67.42M	USD	Annual
Redemption of Preferred Stock	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$2.75M	USD	Annual
Redemption of Preferred Stock	`PaymentsForRepurchaseOfRedeemablePreferredStock`	$8.53M	USD	Annual
Noncontrolling interests distributions	`PaymentsOfDividendsMinorityInterest`	$4.00K	USD	Annual
Noncontrolling interests distributions	`PaymentsOfDividendsMinorityInterest`	$118.00K	USD	Annual
Noncontrolling interests contributions	`ProceedsFromMinorityShareholders`	$9.00K	USD	Annual
Noncontrolling interests contributions	`ProceedsFromMinorityShareholders`	$5.00K	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$13.69M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-43.58M	USD	Annual
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$23.83M	USD	Annual
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-10.00M	USD	Annual
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$33.65M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$57.48M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$43.65M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$33.65M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$57.48M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$43.65M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$46.19M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$22.31M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$11.29M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$11.34M	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`	$57.48M	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`	$8.46M	USD	Annual
Cash paid during the period for interest	`InterestPaidNet`	$8.39M	USD	Annual
Federal income taxes paid	`IncomeTaxesPaid`	$1.10M	USD	Annual
Federal income taxes paid	`IncomeTaxesPaid`	$2.90M	USD	Annual
Accrued capital expenditures, tenant improvements and real estate developments	`CapitalExpendituresIncurredButNotYetPaid`	$2.13M	USD	Annual
Accrued capital expenditures, tenant improvements and real estate developments	`CapitalExpendituresIncurredButNotYetPaid`	$3.86M	USD	Annual
Accrued deferred costs	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$22.00K	USD	Annual
Accrued deferred costs	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	-	USD	Annual
Accrued preferred stock offering costs	`StockOfferingCostsNotYetPaid`	$161.00K	USD	Annual
Accrued preferred stock offering costs	`StockOfferingCostsNotYetPaid`	$68.00K	USD	Annual
Accrual of dividends payable to preferred stockholders	`AccrualOfDividendsPayableToPreferredStockholders`	$12.05M	USD	Annual
Accrual of dividends payable to preferred stockholders	`AccrualOfDividendsPayableToPreferredStockholders`	$6.28M	USD	Annual
Accrual of dividends payable to common stockholders	`DividendsPayableCurrentAndNoncurrent`	$1.75M	USD	Point-in-time
Accrual of dividends payable to common stockholders	`DividendsPayableCurrentAndNoncurrent`	$1.93M	USD	Point-in-time
Preferred stock offering costs offset against redeemable preferred stock	`OfferingCostsOffsetAgainstRedeemablePreferredStockTemporaryEquity`	$400.00K	USD	Annual
Preferred stock offering costs offset against redeemable preferred stock	`OfferingCostsOffsetAgainstRedeemablePreferredStockTemporaryEquity`	$2.10M	USD	Annual
Reclassification of Series A Preferred Stock from temporary equity to permanent equity	`ReclassificationsOfTemporaryToPermanentEquity`	$37.77M	USD	Annual
Reclassification of Series A Preferred Stock from temporary equity to permanent equity	`ReclassificationsOfTemporaryToPermanentEquity`	$45.81M	USD	Annual
Reclassification of Preferred Stock from permanent equity to accounts payable	`ReclassificationsOfPermanentEquityToLiabilities`	$83.84M	USD	Annual
Reclassification of Preferred Stock from permanent equity to accounts payable	`ReclassificationsOfPermanentEquityToLiabilities`	$48.00K	USD	Annual
Redeemable preferred stock deemed dividends	`RedeemablePreferredStockDividends`	$253.00K	USD	Annual
Redeemable preferred stock deemed dividends	`RedeemablePreferredStockDividends`	$19.00K	USD	Annual
Accrued Redeemable Preferred Stock fees	`RedeemablePreferredStockFeesIncurredButNotYetPaid`	$450.00K	USD	Annual
Accrued Redeemable Preferred Stock fees	`RedeemablePreferredStockFeesIncurredButNotYetPaid`	$638.00K	USD	Annual
Equity-based payment for management fees	`StockIssued1`	$9.17M	USD	Annual
Equity-based payment for management fees	`StockIssued1`	$5.00M	USD	Annual

Stockholders Equity 35 line items

Line Item	Tag	Value	Unit	Period
Dividends paid per common share (in usd per share)	`CommonStockDividendsPerShareCashPaid`	$0.34	USD	Annual
Dividends paid per common share (in usd per share)	`CommonStockDividendsPerShareCashPaid`	$0.30	USD	Annual
Beginning balance (in shares)	`CommonStockSharesOutstanding`	22.74M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	23.37M	shares	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$362.03M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$278.11M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$373.55M	USD	Point-in-time
Contributions to noncontrolling interests	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$9.00K	USD	Annual
Contributions to noncontrolling interests	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$5.00K	USD	Annual
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$118.00K	USD	Annual
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$4.00K	USD	Annual
Stock-based compensation expense	`StockIssuedDuringPeriodValueShareBasedCompensation`	$202.00K	USD	Annual
Stock-based compensation expense	`StockIssuedDuringPeriodValueShareBasedCompensation`	$220.00K	USD	Annual
Repurchase of Common and Preferred Stock (in shares)	`StockRepurchasedDuringPeriodShares`	587,714.00	shares	Point-in-time
Repurchase of Common and Preferred Stock (in shares)	`StockRepurchasedDuringPeriodShares`	662,462.00	shares	Annual
Repurchase of Common and Preferred Stock (in shares)	`StockRepurchasedDuringPeriodShares`	33,374.00	shares	Point-in-time
Repurchase of Common and Preferred Stock (in shares)	`StockRepurchasedDuringPeriodShares`	41,374.00	shares	Point-in-time
Repurchase of Common and Preferred Stock	`StockRepurchasedDuringPeriodValue`	$239.00K	USD	Point-in-time
Repurchase of Common and Preferred Stock	`StockRepurchasedDuringPeriodValue`	$4.71M	USD	Annual
Repurchase of Common and Preferred Stock	`StockRepurchasedDuringPeriodValue`	$303.00K	USD	Point-in-time
Repurchase of Common and Preferred Stock	`StockRepurchasedDuringPeriodValue`	$4.17M	USD	Point-in-time
Common dividends	`DividendsCommonStock`	$5.73M	USD	Annual
Common dividends	`DividendsCommonStock`	$7.84M	USD	Annual
Issuance of shares of stock	`StockIssuedDuringPeriodValueNewIssues`	$76.92M	USD	Annual
Reclassification of Series A Preferred Stock to permanent equity	`ReclassificationsOfTemporaryToPermanentEquity`	$37.77M	USD	Annual
Reclassification of Series A Preferred Stock to permanent equity	`ReclassificationsOfTemporaryToPermanentEquity`	$45.81M	USD	Annual
Redeemable Preferred Stock deemed dividends	`IncreaseInCarryingAmountOfRedeemablePreferredStock`	$19.00K	USD	Annual
Redeemable Preferred Stock deemed dividends	`IncreaseInCarryingAmountOfRedeemablePreferredStock`	$253.00K	USD	Annual
Net (loss) income	`ProfitLoss`	$-851.00K	USD	Annual
Net (loss) income	`ProfitLoss`	$5.95M	USD	Annual
Ending balance (in shares)	`CommonStockSharesOutstanding`	22.74M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	23.37M	shares	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$362.03M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$278.11M	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.