10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000950123-11-077250 |
| Period End Date | 20110630 |
| Filing Date | 20110815 |
| Fiscal Year | 2011 |
| Fiscal Period | Q2 |
| XBRL Instance | inre-20110630.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
74 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| PROPERTY AND EQUIPMENT, less accumulated depreciation |
PropertyPlantAndEquipmentNet
|
$312.57M | USD | Point-in-time |
| PROPERTY AND EQUIPMENT, less accumulated depreciation |
PropertyPlantAndEquipmentNet
|
$325.15M | USD | Point-in-time |
| Accumulated amortization on financing cost |
AccumulatedAmortizationDeferredFinanceCosts
|
$720.32K | USD | Point-in-time |
| Accumulated amortization on financing cost |
AccumulatedAmortizationDeferredFinanceCosts
|
$559.02K | USD | Point-in-time |
| Accumulated amortization on rent incentive |
AccumulatedAmortizationOnRentIncentive
|
$166.67K | USD | Point-in-time |
| Accumulated amortization on rent incentive |
AccumulatedAmortizationOnRentIncentive
|
$116.67K | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS |
CashAndCashEquivalentsAtCarryingValue
|
$11.07M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS |
CashAndCashEquivalentsAtCarryingValue
|
$10.00M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS |
CashAndCashEquivalentsAtCarryingValue
|
$8.70M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS |
CashAndCashEquivalentsAtCarryingValue
|
$10.01M | USD | Point-in-time |
| Accumulated amortization on intangible assets |
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
$953.48K | USD | Point-in-time |
| Accumulated amortization on intangible assets |
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
$1.29M | USD | Point-in-time |
| RESTRICTED DEPOSITS AND FUNDED RESERVES |
OtherRestrictedAssets
|
$5.74M | USD | Point-in-time |
| RESTRICTED DEPOSITS AND FUNDED RESERVES |
OtherRestrictedAssets
|
$5.81M | USD | Point-in-time |
| DUE FROM RELATED PARTY |
DueFromRelatedParties
|
$306.95K | USD | Point-in-time |
| DUE FROM RELATED PARTY |
DueFromRelatedParties
|
$204.46K | USD | Point-in-time |
| RECEIVABLES |
AccountsReceivableNet
|
$2.21M | USD | Point-in-time |
| RECEIVABLES |
AccountsReceivableNet
|
$2.24M | USD | Point-in-time |
| PREPAID EXPENSES |
PrepaidExpenseCurrentAndNoncurrent
|
$258.77K | USD | Point-in-time |
| PREPAID EXPENSES |
PrepaidExpenseCurrentAndNoncurrent
|
$474.60K | USD | Point-in-time |
| NOTES RECEIVABLE |
NotesReceivableNet
|
$1.80M | USD | Point-in-time |
| NOTES RECEIVABLE |
NotesReceivableNet
|
$1.92M | USD | Point-in-time |
| FINANCING COSTS, less accumulated amortization of $720,322 in 2011 and $559,017 in 2010 |
DeferredFinanceCostsNet
|
$1.71M | USD | Point-in-time |
| FINANCING COSTS, less accumulated amortization of $720,322 in 2011 and $559,017 in 2010 |
DeferredFinanceCostsNet
|
$2.09M | USD | Point-in-time |
| ASSETS HELD FOR SALE |
AssetsHeldForSaleAtCarryingValue
|
$1.12M | USD | Point-in-time |
| ASSETS HELD FOR SALE |
AssetsHeldForSaleAtCarryingValue
|
$1.90M | USD | Point-in-time |
| RENT INCENTIVE, less accumulated amortization of $166,667 in 2011 and $116,667 in 2010 |
IncentiveToLessee
|
$1.38M | USD | Point-in-time |
| RENT INCENTIVE, less accumulated amortization of $166,667 in 2011 and $116,667 in 2010 |
IncentiveToLessee
|
$1.33M | USD | Point-in-time |
| INTANGIBLE ASSETS, less accumulated amortization of $1,293,453 in 2011 and $953,481 in 2010 |
IntangibleAssetsNetExcludingGoodwill
|
$6.29M | USD | Point-in-time |
| INTANGIBLE ASSETS, less accumulated amortization of $1,293,453 in 2011 and $953,481 in 2010 |
IntangibleAssetsNetExcludingGoodwill
|
$7.43M | USD | Point-in-time |
| OTHER ASSETS |
OtherAssets
|
$145.20K | USD | Point-in-time |
| OTHER ASSETS |
OtherAssets
|
$61.70K | USD | Point-in-time |
| Total assets |
Assets
|
$359.25M | USD | Point-in-time |
| Total assets |
Assets
|
$343.98M | USD | Point-in-time |
| MORTGAGE NOTES PAYABLE |
NotesPayable
|
$200.86M | USD | Point-in-time |
| MORTGAGE NOTES PAYABLE |
NotesPayable
|
$192.17M | USD | Point-in-time |
| SPECIAL ASSESSMENTS PAYABLE |
SpecialAssessmentBond
|
$1.65M | USD | Point-in-time |
| SPECIAL ASSESSMENTS PAYABLE |
SpecialAssessmentBond
|
$1.58M | USD | Point-in-time |
| DIVIDENDS PAYABLE |
DividendsPayableCurrentAndNoncurrent
|
$2.61M | USD | Point-in-time |
| DIVIDENDS PAYABLE |
DividendsPayableCurrentAndNoncurrent
|
$2.90M | USD | Point-in-time |
| DUE TO RELATED PARTY |
DueToRelatedPartiesCurrentAndNoncurrent
|
$544.99K | USD | Point-in-time |
| DUE TO RELATED PARTY |
DueToRelatedPartiesCurrentAndNoncurrent
|
$62.23K | USD | Point-in-time |
| TENANT SECURITY DEPOSITS PAYABLE |
SecurityDepositLiability
|
$1.34M | USD | Point-in-time |
| TENANT SECURITY DEPOSITS PAYABLE |
SecurityDepositLiability
|
$1.21M | USD | Point-in-time |
| INVESTMENT CERTIFICATES |
InvestmentCertificates
|
$2.46M | USD | Point-in-time |
| INVESTMENT CERTIFICATES |
InvestmentCertificates
|
$2.26M | USD | Point-in-time |
| UNFAVORABLE LEASES, net |
OffMarketLeaseUnfavorable
|
$548.37K | USD | Point-in-time |
| UNFAVORABLE LEASES, net |
OffMarketLeaseUnfavorable
|
$583.35K | USD | Point-in-time |
| ACCOUNTS PAYABLE - TRADE |
AccountsPayableTradeCurrentAndNoncurrent
|
$152.83K | USD | Point-in-time |
| ACCOUNTS PAYABLE - TRADE |
AccountsPayableTradeCurrentAndNoncurrent
|
$271.36K | USD | Point-in-time |
| LIABILITIES RELATED TO ASSETS HELD FOR SALE |
LiabilitiesOfAssetsHeldForSale
|
$48.06K | USD | Point-in-time |
| LIABILITIES RELATED TO ASSETS HELD FOR SALE |
LiabilitiesOfAssetsHeldForSale
|
$1.75M | USD | Point-in-time |
| FAIR VALUE OF INTEREST RATE SWAP |
InterestRateDerivativeLiabilitiesAtFairValue
|
$194.50K | USD | Point-in-time |
| FAIR VALUE OF INTEREST RATE SWAP |
InterestRateDerivativeLiabilitiesAtFairValue
|
$225.87K | USD | Point-in-time |
| DEFERRED INSURANCE PROCEEDS |
OtherDeferredCreditsCurrent
|
$5.46K | USD | Point-in-time |
| DEFERRED INSURANCE PROCEEDS |
OtherDeferredCreditsCurrent
|
$6.82K | USD | Point-in-time |
| ACCRUED EXPENSES |
AccruedLiabilitiesCurrentAndNoncurrent
|
$2.76M | USD | Point-in-time |
| ACCRUED EXPENSES |
AccruedLiabilitiesCurrentAndNoncurrent
|
$3.63M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$215.51M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$204.32M | USD | Point-in-time |
| COMMITMENTS - Note 14 |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| COMMITMENTS - Note 14 |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| NONCONTROLLING INTEREST IN OPERATING PARTNERSHIP |
MinorityInterestInOperatingPartnerships
|
$105.01M | USD | Point-in-time |
| NONCONTROLLING INTEREST IN OPERATING PARTNERSHIP |
MinorityInterestInOperatingPartnerships
|
$107.78M | USD | Point-in-time |
| BENEFICIAL INTEREST |
CommonStockValueOutstanding
|
$36.18M | USD | Point-in-time |
| BENEFICIAL INTEREST |
CommonStockValueOutstanding
|
$34.85M | USD | Point-in-time |
| ACCUMULATED COMPREHENSIVE LOSS |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-225.87K | USD | Point-in-time |
| ACCUMULATED COMPREHENSIVE LOSS |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-194.50K | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$125.85M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$143.73M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$139.66M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$128.16M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$359.25M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$343.98M | USD | Point-in-time |
Income Statement
109 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| INCOME FROM RENTAL OPERATIONS |
RealEstateRevenueNet
|
$12.02M | USD | 1 Quarter |
| INCOME FROM RENTAL OPERATIONS |
RealEstateRevenueNet
|
$21.71M | USD | 2 Qtrs |
| INCOME FROM RENTAL OPERATIONS |
RealEstateRevenueNet
|
$23.95M | USD | 2 Qtrs |
| INCOME FROM RENTAL OPERATIONS |
RealEstateRevenueNet
|
$11.02M | USD | 1 Quarter |
| Interest |
FinancingInterestExpense
|
$5.86M | USD | 2 Qtrs |
| Interest |
FinancingInterestExpense
|
$2.94M | USD | 1 Quarter |
| Interest |
FinancingInterestExpense
|
$5.90M | USD | 2 Qtrs |
| Interest |
FinancingInterestExpense
|
$2.97M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$2.23M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$4.84M | USD | 2 Qtrs |
| Depreciation and amortization |
DepreciationAndAmortization
|
$4.45M | USD | 2 Qtrs |
| Depreciation and amortization |
DepreciationAndAmortization
|
$2.42M | USD | 1 Quarter |
| Real estate taxes |
RealEstateTaxExpense
|
$2.83M | USD | 2 Qtrs |
| Real estate taxes |
RealEstateTaxExpense
|
$2.50M | USD | 2 Qtrs |
| Real estate taxes |
RealEstateTaxExpense
|
$1.28M | USD | 1 Quarter |
| Real estate taxes |
RealEstateTaxExpense
|
$1.45M | USD | 1 Quarter |
| Property management fees |
OwnedPropertyManagementCosts
|
$1.62M | USD | 2 Qtrs |
| Property management fees |
OwnedPropertyManagementCosts
|
$1.88M | USD | 2 Qtrs |
| Property management fees |
OwnedPropertyManagementCosts
|
$960.48K | USD | 1 Quarter |
| Property management fees |
OwnedPropertyManagementCosts
|
$821.36K | USD | 1 Quarter |
| Utilities |
CostOfUtilities
|
$815.30K | USD | 1 Quarter |
| Utilities |
CostOfUtilities
|
$666.57K | USD | 1 Quarter |
| Utilities |
CostOfUtilities
|
$1.56M | USD | 2 Qtrs |
| Utilities |
CostOfUtilities
|
$1.79M | USD | 2 Qtrs |
| Repairs and maintenance |
CostOfPropertyRepairsAndMaintenance
|
$837.72K | USD | 1 Quarter |
| Repairs and maintenance |
CostOfPropertyRepairsAndMaintenance
|
$1.09M | USD | 1 Quarter |
| Repairs and maintenance |
CostOfPropertyRepairsAndMaintenance
|
$1.92M | USD | 2 Qtrs |
| Repairs and maintenance |
CostOfPropertyRepairsAndMaintenance
|
$2.36M | USD | 2 Qtrs |
| Insurance |
RealEstateInsurance
|
$164.09K | USD | 1 Quarter |
| Insurance |
RealEstateInsurance
|
$345.07K | USD | 2 Qtrs |
| Insurance |
RealEstateInsurance
|
$320.62K | USD | 2 Qtrs |
| Insurance |
RealEstateInsurance
|
$175.18K | USD | 1 Quarter |
| Salary and wages |
SalariesAndWages
|
$19.24K | USD | 2 Qtrs |
| Salary and wages |
SalariesAndWages
|
$10.12K | USD | 1 Quarter |
| Food costs for residents |
FoodCostsForResidents
|
$10.10K | USD | 2 Qtrs |
| Food costs for residents |
FoodCostsForResidents
|
$5.18K | USD | 1 Quarter |
| Administrative |
OtherSellingGeneralAndAdministrativeExpense
|
$32.49K | USD | 1 Quarter |
| Administrative |
OtherSellingGeneralAndAdministrativeExpense
|
$18.33K | USD | 2 Qtrs |
| Administrative |
OtherSellingGeneralAndAdministrativeExpense
|
$13.96K | USD | 1 Quarter |
| Administrative |
OtherSellingGeneralAndAdministrativeExpense
|
$39.92K | USD | 2 Qtrs |
| Total expenses from rental operations |
CostOfRealEstateRevenue
|
$8.99M | USD | 1 Quarter |
| Total expenses from rental operations |
CostOfRealEstateRevenue
|
$19.96M | USD | 2 Qtrs |
| Total expenses from rental operations |
CostOfRealEstateRevenue
|
$18.30M | USD | 2 Qtrs |
| Total expenses from rental operations |
CostOfRealEstateRevenue
|
$9.88M | USD | 1 Quarter |
| Administrative expenses |
GeneralAndAdministrativeExpense
|
$31.75K | USD | 2 Qtrs |
| Administrative expenses |
GeneralAndAdministrativeExpense
|
$7.97K | USD | 1 Quarter |
| Administrative expenses |
GeneralAndAdministrativeExpense
|
$31.04K | USD | 2 Qtrs |
| Administrative expenses |
GeneralAndAdministrativeExpense
|
$11.15K | USD | 1 Quarter |
| Advisory fees |
ServiceManagementCosts
|
$373.28K | USD | 2 Qtrs |
| Advisory fees |
ServiceManagementCosts
|
$184.71K | USD | 1 Quarter |
| Advisory fees |
ServiceManagementCosts
|
$338.41K | USD | 2 Qtrs |
| Advisory fees |
ServiceManagementCosts
|
$169.59K | USD | 1 Quarter |
| Acquisition and disposition expenses |
BusinessCombinationAcquisitionRelatedCosts
|
$455.26K | USD | 2 Qtrs |
| Acquisition and disposition expenses |
BusinessCombinationAcquisitionRelatedCosts
|
$117.57K | USD | 2 Qtrs |
| Acquisition and disposition expenses |
BusinessCombinationAcquisitionRelatedCosts
|
$318.08K | USD | 1 Quarter |
| Director fees |
TrusteeFees
|
$9.60K | USD | 1 Quarter |
| Director fees |
TrusteeFees
|
$18.10K | USD | 2 Qtrs |
| Director fees |
TrusteeFees
|
$12.10K | USD | 1 Quarter |
| Director fees |
TrusteeFees
|
$22.00K | USD | 2 Qtrs |
| Rent |
Rent
|
$1.20K | USD | 1 Quarter |
| Rent |
Rent
|
$1.20K | USD | 2 Qtrs |
| Legal and accounting |
ProfessionalFees
|
$385.46K | USD | 2 Qtrs |
| Legal and accounting |
ProfessionalFees
|
$14.30K | USD | 1 Quarter |
| Legal and accounting |
ProfessionalFees
|
$113.57K | USD | 2 Qtrs |
| Legal and accounting |
ProfessionalFees
|
$166.20K | USD | 1 Quarter |
| Total administration of reit |
SellingGeneralAndAdministrativeExpense
|
$619.89K | USD | 2 Qtrs |
| Total administration of reit |
SellingGeneralAndAdministrativeExpense
|
$205.84K | USD | 1 Quarter |
| Total administration of reit |
SellingGeneralAndAdministrativeExpense
|
$689.05K | USD | 1 Quarter |
| Total administration of reit |
SellingGeneralAndAdministrativeExpense
|
$1.27M | USD | 2 Qtrs |
| Total expenses |
OperatingExpenses
|
$18.92M | USD | 2 Qtrs |
| Total expenses |
OperatingExpenses
|
$9.19M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$21.23M | USD | 2 Qtrs |
| Total expenses |
OperatingExpenses
|
$10.57M | USD | 1 Quarter |
| INCOME FROM OPERATIONS |
OperatingIncomeLoss
|
$2.78M | USD | 2 Qtrs |
| INCOME FROM OPERATIONS |
OperatingIncomeLoss
|
$2.72M | USD | 2 Qtrs |
| INCOME FROM OPERATIONS |
OperatingIncomeLoss
|
$1.83M | USD | 1 Quarter |
| INCOME FROM OPERATIONS |
OperatingIncomeLoss
|
$1.45M | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$65.76K | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$66.03K | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$130.58K | USD | 2 Qtrs |
| Interest income |
InvestmentIncomeInterest
|
$121.67K | USD | 2 Qtrs |
| Insurance proceeds |
InsuranceRecoveries
|
$38.90K | USD | 2 Qtrs |
| Total other income |
OtherIncome
|
$130.58K | USD | 2 Qtrs |
| Total other income |
OtherIncome
|
$160.57K | USD | 2 Qtrs |
| Total other income |
OtherIncome
|
$66.03K | USD | 1 Quarter |
| Total other income |
OtherIncome
|
$65.76K | USD | 1 Quarter |
| INCOME FROM CONTINUING OPERATIONS |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$1.52M | USD | 1 Quarter |
| INCOME FROM CONTINUING OPERATIONS |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$2.95M | USD | 2 Qtrs |
| INCOME FROM CONTINUING OPERATIONS |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$1.90M | USD | 1 Quarter |
| INCOME FROM CONTINUING OPERATIONS |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
$2.85M | USD | 2 Qtrs |
| DISCONTINUED OPERATIONS - NOTE 15 |
GainLossOnSaleOfPropertiesBeforeApplicableIncomeTaxes
|
$276.49K | USD | 1 Quarter |
| DISCONTINUED OPERATIONS - NOTE 15 |
GainLossOnSaleOfPropertiesBeforeApplicableIncomeTaxes
|
$258.55K | USD | 2 Qtrs |
| DISCONTINUED OPERATIONS - NOTE 15 |
GainLossOnSaleOfPropertiesBeforeApplicableIncomeTaxes
|
$189.84K | USD | 2 Qtrs |
| NET INCOME |
ProfitLoss
|
$1.79M | USD | 1 Quarter |
| NET INCOME |
ProfitLoss
|
$3.14M | USD | 2 Qtrs |
| NET INCOME |
ProfitLoss
|
$1.90M | USD | 1 Quarter |
| NET INCOME |
ProfitLoss
|
$3.11M | USD | 2 Qtrs |
| NET INCOME ATTRIBUTABLE TO THE NONCONTROLLING INTEREST |
NetIncomeLossAttributableToNoncontrollingInterest
|
$1.45M | USD | 1 Quarter |
| NET INCOME ATTRIBUTABLE TO THE NONCONTROLLING INTEREST |
NetIncomeLossAttributableToNoncontrollingInterest
|
$2.40M | USD | 2 Qtrs |
| NET INCOME ATTRIBUTABLE TO THE NONCONTROLLING INTEREST |
NetIncomeLossAttributableToNoncontrollingInterest
|
$1.32M | USD | 1 Quarter |
| NET INCOME ATTRIBUTABLE TO THE NONCONTROLLING INTEREST |
NetIncomeLossAttributableToNoncontrollingInterest
|
$2.29M | USD | 2 Qtrs |
| NET INCOME ATTRIBUTABLE TO INREIT REAL ESTATE INVESTMENT TRUST |
NetIncomeLoss
|
$732.39K | USD | 2 Qtrs |
| NET INCOME ATTRIBUTABLE TO INREIT REAL ESTATE INVESTMENT TRUST |
NetIncomeLoss
|
$822.23K | USD | 2 Qtrs |
| NET INCOME ATTRIBUTABLE TO INREIT REAL ESTATE INVESTMENT TRUST |
NetIncomeLoss
|
$472.83K | USD | 1 Quarter |
| NET INCOME ATTRIBUTABLE TO INREIT REAL ESTATE INVESTMENT TRUST |
NetIncomeLoss
|
$447.07K | USD | 1 Quarter |
| Basic and diluted |
EarningsPerShareBasicAndDiluted
|
$0.24 | USD | 2 Qtrs |
| Basic and diluted |
EarningsPerShareBasicAndDiluted
|
$0.14 | USD | 1 Quarter |
| Basic and diluted |
EarningsPerShareBasicAndDiluted
|
$0.22 | USD | 2 Qtrs |
| Basic and diluted |
EarningsPerShareBasicAndDiluted
|
$0.13 | USD | 1 Quarter |
Cash Flow Statement
102 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| NET INCOME |
ProfitLoss
|
$1.79M | USD | 1 Quarter |
| NET INCOME |
ProfitLoss
|
$3.14M | USD | 2 Qtrs |
| NET INCOME |
ProfitLoss
|
$1.90M | USD | 1 Quarter |
| NET INCOME |
ProfitLoss
|
$3.11M | USD | 2 Qtrs |
| Gain on sale of property and equipment |
GainLossOnSaleOfPropertyPlantEquipment
|
$366.99K | USD | 2 Qtrs |
| Gain on sale of property and equipment |
GainLossOnSaleOfPropertyPlantEquipment
|
$189.37K | USD | 2 Qtrs |
| Gain due to insurance proceeds |
GainLossDueToInsuranceProceeds
|
$-38.90K | USD | 2 Qtrs |
| Loss on impairment of property |
ImpairmentOfRealEstate
|
- | USD | 2 Qtrs |
| Loss on impairment of property |
ImpairmentOfRealEstate
|
- | USD | 2 Qtrs |
| Depreciation |
Depreciation
|
$4.36M | USD | 2 Qtrs |
| Depreciation |
Depreciation
|
$4.04M | USD | 2 Qtrs |
| Amortization |
AdjustmentForAmortization
|
$403.45K | USD | 2 Qtrs |
| Amortization |
AdjustmentForAmortization
|
$516.30K | USD | 2 Qtrs |
| Tenant security deposits |
IncreaseDecreaseInSecurityDeposits
|
$-30.70K | USD | 2 Qtrs |
| Tenant security deposits |
IncreaseDecreaseInSecurityDeposits
|
$-100.65K | USD | 2 Qtrs |
| Due from related party |
IncreaseDecreaseInDueFromRelatedPartiesCurrent
|
$-859.13K | USD | 2 Qtrs |
| Due from related party |
IncreaseDecreaseInDueFromRelatedPartiesCurrent
|
$-102.49K | USD | 2 Qtrs |
| Receivables |
IncreaseDecreaseInAccountsReceivable
|
$-35.23K | USD | 2 Qtrs |
| Receivables |
IncreaseDecreaseInAccountsReceivable
|
$270.65K | USD | 2 Qtrs |
| Prepaid expenses |
IncreaseDecreaseInPrepaidExpense
|
$-287.00K | USD | 2 Qtrs |
| Prepaid expenses |
IncreaseDecreaseInPrepaidExpense
|
$-215.83K | USD | 2 Qtrs |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-83.50K | USD | 2 Qtrs |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$74.22K | USD | 2 Qtrs |
| Due to related party |
IncreaseDecreaseInDueToRelatedPartiesCurrent
|
$71.47K | USD | 2 Qtrs |
| Due to related party |
IncreaseDecreaseInDueToRelatedPartiesCurrent
|
$-170.87K | USD | 2 Qtrs |
| Tenant security deposits payable |
IncreaseDecreaseInSecurityDepositPayable
|
$-63.86K | USD | 2 Qtrs |
| Tenant security deposits payable |
IncreaseDecreaseInSecurityDepositPayable
|
$-130.41K | USD | 2 Qtrs |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-10.59K | USD | 2 Qtrs |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$118.53K | USD | 2 Qtrs |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$420.23K | USD | 2 Qtrs |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$874.28K | USD | 2 Qtrs |
| NET CASH FROM OPERATING ACTIVITIES |
NetCashProvidedByUsedInOperatingActivities
|
$8.91M | USD | 2 Qtrs |
| NET CASH FROM OPERATING ACTIVITIES |
NetCashProvidedByUsedInOperatingActivities
|
$8.67M | USD | 2 Qtrs |
| Purchase of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$5.90M | USD | 2 Qtrs |
| Purchase of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$3.44M | USD | 2 Qtrs |
| Purchase of intangible assets |
PaymentsToAcquireIntangibleAssets
|
$1.48M | USD | 2 Qtrs |
| Purchase of intangible assets |
PaymentsToAcquireIntangibleAssets
|
$1.94M | USD | 2 Qtrs |
| Proceeds from sale of property and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$1.44M | USD | 2 Qtrs |
| Proceeds from sale of property and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$693.22K | USD | 2 Qtrs |
| Insurance proceeds received |
ProceedsFromInsuranceSettlementInvestingActivities
|
$414.46K | USD | 2 Qtrs |
| Real estate tax and insurance escrows |
RealEstateTaxAndInsuranceEscrows
|
$2.05M | USD | 2 Qtrs |
| Real estate tax and insurance escrows |
RealEstateTaxAndInsuranceEscrows
|
$1.32M | USD | 2 Qtrs |
| Notes receivable payments received |
ProceedsFromCollectionOfNotesReceivable
|
$26.12K | USD | 2 Qtrs |
| Notes receivable payments received |
ProceedsFromCollectionOfNotesReceivable
|
$22.17K | USD | 2 Qtrs |
| Deferred insurance proceeds |
DeferredInsuranceProceedsInvestingActivities
|
$1.36K | USD | 2 Qtrs |
| Deferred insurance proceeds |
DeferredInsuranceProceedsInvestingActivities
|
$102.74K | USD | 2 Qtrs |
| Net payments from (deposits to) replacement reserve |
NetPaymentsFromDepositsToReplacementReserve
|
$78.89K | USD | 2 Qtrs |
| Net payments from (deposits to) replacement reserve |
NetPaymentsFromDepositsToReplacementReserve
|
$71.62K | USD | 2 Qtrs |
| Net payments from exchange escrow |
NetPaymentsFromExchangeEscrow
|
$-2.31M | USD | 2 Qtrs |
| Net payments from exchange escrow |
NetPaymentsFromExchangeEscrow
|
$-653.04K | USD | 2 Qtrs |
| NET CASH USED FOR INVESTING ACTIVITIES |
NetCashProvidedByUsedInInvestingActivities
|
$-3.28M | USD | 2 Qtrs |
| NET CASH USED FOR INVESTING ACTIVITIES |
NetCashProvidedByUsedInInvestingActivities
|
$-7.55M | USD | 2 Qtrs |
| Payments for financing costs |
PaymentsOfFinancingCosts
|
$535.85K | USD | 2 Qtrs |
| Payments for financing costs |
PaymentsOfFinancingCosts
|
$173.87K | USD | 2 Qtrs |
| Proceeds from investment certificates issued |
ProceedsFromInvestmentCertificatesIssued
|
$464.76K | USD | 2 Qtrs |
| Payments on investment certificates |
PaymentsOnInvestmentCertificates
|
$10.00K | USD | 2 Qtrs |
| Payments on investment certificates |
PaymentsOnInvestmentCertificates
|
$194.11K | USD | 2 Qtrs |
| Proceeds from issuance of mortgage notes payable |
ProceedsFromIssuanceOfMortgageNotesPayable
|
$3.47M | USD | 2 Qtrs |
| Proceeds from issuance of mortgage notes payable |
ProceedsFromIssuanceOfMortgageNotesPayable
|
$6.51M | USD | 2 Qtrs |
| Principal payments on mortgage notes payable |
PrincipalPaymentsOnMortgageNotesPayable
|
$9.26M | USD | 2 Qtrs |
| Principal payments on mortgage notes payable |
PrincipalPaymentsOnMortgageNotesPayable
|
$6.29M | USD | 2 Qtrs |
| Net change in short-term notes payable |
ProceedsFromRepaymentsOfNotesPayable
|
$7.44M | USD | 2 Qtrs |
| Payments on construction payable |
RepaymentsOfConstructionLoansPayable
|
$125.53K | USD | 2 Qtrs |
| Proceeds from issuance of shares |
ProceedsFromIssuanceOfCommonStock
|
$2.08M | USD | 2 Qtrs |
| Proceeds from issuance of shares |
ProceedsFromIssuanceOfCommonStock
|
$3.67M | USD | 2 Qtrs |
| Repurchase of shares |
PaymentsForRepurchaseOfCommonStock
|
$1.06M | USD | 2 Qtrs |
| Repurchase of shares |
PaymentsForRepurchaseOfCommonStock
|
$752.40K | USD | 2 Qtrs |
| Distributions paid |
PaymentsOfDividendsCommonStock
|
$4.58M | USD | 2 Qtrs |
| Distributions paid |
PaymentsOfDividendsCommonStock
|
$4.18M | USD | 2 Qtrs |
| Payment of syndication costs |
PaymentOfSyndicationCosts
|
$367.84K | USD | 2 Qtrs |
| Payment of syndication costs |
PaymentOfSyndicationCosts
|
$510.63K | USD | 2 Qtrs |
| NET CASH FLOWS FROM FINANCING ACTIVITIES |
NetCashProvidedByUsedInFinancingActivities
|
$-4.58M | USD | 2 Qtrs |
| NET CASH FLOWS FROM FINANCING ACTIVITIES |
NetCashProvidedByUsedInFinancingActivities
|
$183.08K | USD | 2 Qtrs |
| NET CHANGE IN CASH AND CASH EQUIVALENTS |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$1.06M | USD | 2 Qtrs |
| NET CHANGE IN CASH AND CASH EQUIVALENTS |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$1.30M | USD | 2 Qtrs |
| CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$11.07M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$10.00M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$8.70M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$10.01M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AT END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$11.07M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AT END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$10.00M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AT END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$8.70M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AT END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$10.01M | USD | Point-in-time |
| Cash paid during the period for interest |
InterestPaid
|
$5.92M | USD | 2 Qtrs |
| Cash paid during the period for interest |
InterestPaid
|
$5.88M | USD | 2 Qtrs |
| Distributions reinvested |
DistributionsReinvested
|
$887.48K | USD | 2 Qtrs |
| Distributions reinvested |
DistributionsReinvested
|
$704.38K | USD | 2 Qtrs |
| Distributions declared and not paid |
DistributionsDeclaredAndNotPaid
|
$755.83K | USD | 2 Qtrs |
| Distributions declared and not paid |
DistributionsDeclaredAndNotPaid
|
$610.10K | USD | 2 Qtrs |
| UPREIT distributions declared and not paid |
UpreitDistributionsDeclaredAndNotPaid
|
$2.14M | USD | 2 Qtrs |
| UPREIT distributions declared and not paid |
UpreitDistributionsDeclaredAndNotPaid
|
$1.91M | USD | 2 Qtrs |
| UPREIT units converted to REIT common shares |
UpreitUnitsConvertedToReitCommonSharesSupplementaryScheduleOfNoncashInvestingAndFinancingActivities
|
$700.69K | USD | 2 Qtrs |
| UPREIT units converted to REIT common shares |
UpreitUnitsConvertedToReitCommonSharesSupplementaryScheduleOfNoncashInvestingAndFinancingActivities
|
$246.03K | USD | 2 Qtrs |
| Acquisition of assets in exchange for the issuance of noncontrolling interest shares in UPREIT |
AcquisitionOfAssetsInExchangeForIssuanceOfNoncontrollingInterestShares
|
$946.34K | USD | 2 Qtrs |
| Acquisition of assets in exchange for the issuance of noncontrolling interest shares in UPREIT |
AcquisitionOfAssetsInExchangeForIssuanceOfNoncontrollingInterestShares
|
$5.04M | USD | 2 Qtrs |
| Acquisition of assets through assumption of debt and property purchased with financing |
AcquisitionOfAssetsThroughAssumptionOfDebtAndPropertyPurchasedWithFinancing
|
$407.64K | USD | 2 Qtrs |
| Acquisition of assets through assumption of debt and property purchased with financing |
AcquisitionOfAssetsThroughAssumptionOfDebtAndPropertyPurchasedWithFinancing
|
$10.19M | USD | 2 Qtrs |
| Increase in land improvements due to increase in special assessments payable |
IncreaseInLandImprovementsDueToIncreaseInSpecialAssessmentsPayable
|
$69.36K | USD | 2 Qtrs |
| Increase in land improvements due to increase in special assessments payable |
IncreaseInLandImprovementsDueToIncreaseInSpecialAssessmentsPayable
|
$27.29K | USD | 2 Qtrs |
| Unrealized (gain) loss on interest rate swap |
UnrealizedGainLossOnInterestRateSwap
|
$61.02K | USD | 2 Qtrs |
| Unrealized (gain) loss on interest rate swap |
UnrealizedGainLossOnInterestRateSwap
|
$31.37K | USD | 2 Qtrs |
| Acquisition of assets with reduction of notes receivable |
AcquisitionOfAssetsWithReductionOfNotesReceivable
|
$89.35K | USD | 2 Qtrs |
Stockholders Equity
28 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$125.85M | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$143.73M | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$139.66M | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$128.16M | USD | Point-in-time |
| Issuance of common shares |
StockIssuedDuringPeriodValueNewIssues
|
$2.08M | USD | 2 Qtrs |
| Issuance of common shares |
StockIssuedDuringPeriodValueNewIssues
|
$3.67M | USD | 2 Qtrs |
| Contribution of assets in exchange for the issuance of noncontrolling interest shares |
MinorityInterestIncreaseFromStockIssuance
|
$946.34K | USD | 2 Qtrs |
| Contribution of assets in exchange for the issuance of noncontrolling interest shares |
MinorityInterestIncreaseFromStockIssuance
|
$5.04M | USD | 2 Qtrs |
| Repurchase of shares |
StockRepurchasedDuringPeriodValue
|
$-1.06M | USD | 2 Qtrs |
| Repurchase of shares |
StockRepurchasedDuringPeriodValue
|
$-752.40K | USD | 2 Qtrs |
| Dividends |
DividendsValue
|
$2.86M | USD | 2 Qtrs |
| Dividends |
DividendsValue
|
$2.51M | USD | 2 Qtrs |
| Dividends declared |
DividendsCommonStockCash
|
$2.90M | USD | 2 Qtrs |
| Dividends declared |
DividendsCommonStockCash
|
$2.52M | USD | 2 Qtrs |
| Dividends reinvested/stock dividend |
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
$704.38K | USD | 2 Qtrs |
| Dividends reinvested/stock dividend |
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
$887.48K | USD | 2 Qtrs |
| Syndication costs |
SyndicationCosts
|
$-303.76K | USD | 2 Qtrs |
| Syndication costs |
SyndicationCosts
|
$-198.74K | USD | 2 Qtrs |
| Increase (Decrease) in fair value of interest rate swap |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$-61.02K | USD | 2 Qtrs |
| Increase (Decrease) in fair value of interest rate swap |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$-31.37K | USD | 2 Qtrs |
| Net income |
ProfitLoss
|
$1.79M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$3.14M | USD | 2 Qtrs |
| Net income |
ProfitLoss
|
$1.90M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$3.11M | USD | 2 Qtrs |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$125.85M | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$143.73M | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$139.66M | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$128.16M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.