10-Q Filing

CREATIVE MEDIA & COMMUNITY TRUST CORP CIK: 908311 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0001047469-14-006857`
Period End Date	20140630
Filing Date	20140811
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	cmct-20140630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 83 Cash Flow Statement 89 Stockholders Equity 30

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Common shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.05	USD	Point-in-time
Common shares, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common shares, authorized shares	`CommonStockSharesAuthorized`	20.00M	shares	Point-in-time
Investments in real estate - net	`RealEstateInvestmentPropertyNet`	$1.71B	USD	Point-in-time
Investments in real estate - net	`RealEstateInvestmentPropertyNet`	$1.68B	USD	Point-in-time
Common shares, authorized shares	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common shares, authorized shares	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common shares, issued shares	`CommonStockSharesIssued`	97.69M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$31.51M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$20.03M	USD	Point-in-time
Common shares, issued shares	`CommonStockSharesIssued`	4.40M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$33.35M	USD	Point-in-time
Common shares, outstanding shares	`CommonStockSharesOutstanding`	97.58M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$7.21M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$6.67M	USD	Point-in-time
Common shares, outstanding shares	`CommonStockSharesOutstanding`	4.40M	shares	Point-in-time
Preferred shares, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Loans receivable - net	`LoansReceivableNet`	$193.32M	USD	Point-in-time
Preferred shares, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable and interest receivable - net	`AccountsAndNotesReceivableNet`	$9.30M	USD	Point-in-time
Preferred shares, outstanding shares	`PreferredStockSharesOutstanding`	65.03M	shares	Point-in-time
Preferred shares, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable and interest receivable - net	`AccountsAndNotesReceivableNet`	$9.99M	USD	Point-in-time
Treasury shares, outstanding shares	`TreasuryStockShares`	107,265.00	shares	Point-in-time
Deferred rent receivable and charges - net	`DeferredRentReceivableAndChargesNet`	$89.96M	USD	Point-in-time
Deferred rent receivable and charges - net	`DeferredRentReceivableAndChargesNet`	$87.61M	USD	Point-in-time
Other intangible assets - net	`OtherIntangibleAssetsNet`	$24.01M	USD	Point-in-time
Other intangible assets - net	`OtherIntangibleAssetsNet`	$22.28M	USD	Point-in-time
Other assets	`OtherAssets`	$9.65M	USD	Point-in-time
Other assets	`OtherAssets`	$16.67M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$2.07B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$1.83B	USD	Point-in-time
Debt	`DebtAndCapitalLeaseObligations`	$601.30M	USD	Point-in-time
Debt	`DebtAndCapitalLeaseObligations`	$395.11M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$26.11M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$27.01M	USD	Point-in-time
Intangible liabilities - net	`BelowMarketLeaseNet`	$9.22M	USD	Point-in-time
Intangible liabilities - net	`BelowMarketLeaseNet`	$8.80M	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrentAndNoncurrent`	$8.89M	USD	Point-in-time
Due to related parties	`DueToRelatedPartiesCurrentAndNoncurrent`	$6.81M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$21.17M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$27.37M	USD	Point-in-time
Total liabilities	`Liabilities`	$673.80M	USD	Point-in-time
Total liabilities	`Liabilities`	$457.99M	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 and $0.05 par value; 200,000,000 and 20,000,000 shares authorized; 97,688,863 and 4,400,000 shares issued; and 97,581,598 and 4,400,000 shares outstanding at June 30, 2014 and December 31, 2013, respectively	`CommonStockValue`	$220.00K	USD	Point-in-time
Common stock, $0.001 and $0.05 par value; 200,000,000 and 20,000,000 shares authorized; 97,688,863 and 4,400,000 shares issued; and 97,581,598 and 4,400,000 shares outstanding at June 30, 2014 and December 31, 2013, respectively	`CommonStockValue`	$98.00K	USD	Point-in-time
Preferred stock, $0.01 par value, none and 65,028,571 shares outstanding at June 30, 2014 and December 31, 2013, respectively	`PreferredStockValue`	$650.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.82B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.77B	USD	Point-in-time
Distributions in excess of earnings	`RetainedEarningsAccumulatedDeficit`	$-422.69M	USD	Point-in-time
Distributions in excess of earnings	`RetainedEarningsAccumulatedDeficit`	$-399.95M	USD	Point-in-time
Stockholders' equity before treasury stock	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestBeforeTreasuryStock`	$1.40B	USD	Point-in-time
Stockholders' equity before treasury stock	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestBeforeTreasuryStock`	$1.37B	USD	Point-in-time
Less: Treasury stock, at cost, 107,265 shares outstanding at June 30, 2014	`TreasuryStockValue`	$4.90M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.37B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.40B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$2.75M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$2.72M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.40B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.44B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.38B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.47B	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$2.07B	USD	Point-in-time
TOTAL LIABILITIES AND EQUITY	`LiabilitiesAndStockholdersEquity`	$1.83B	USD	Point-in-time

Income Statement 83 line items

Line Item	Tag	Value	Unit	Period
Rental and other property income	`OperatingLeaseAndOtherPropertyRevenue`	$60.80M	USD	1 Quarter
Rental and other property income	`OperatingLeaseAndOtherPropertyRevenue`	$55.97M	USD	1 Quarter
Rental and other property income	`OperatingLeaseAndOtherPropertyRevenue`	$120.63M	USD	2 Qtrs
Rental and other property income	`OperatingLeaseAndOtherPropertyRevenue`	$111.14M	USD	2 Qtrs
Expense reimbursements	`TenantReimbursements`	$2.60M	USD	1 Quarter
Expense reimbursements	`TenantReimbursements`	$2.65M	USD	1 Quarter
Expense reimbursements	`TenantReimbursements`	$5.05M	USD	2 Qtrs
Expense reimbursements	`TenantReimbursements`	$5.00M	USD	2 Qtrs
Interest and other income	`InterestAndOtherOperatingIncome`	$1.27M	USD	1 Quarter
Interest and other income	`InterestAndOtherOperatingIncome`	$9.96M	USD	2 Qtrs
Interest and other income	`InterestAndOtherOperatingIncome`	$8.01M	USD	1 Quarter
Interest and other income	`InterestAndOtherOperatingIncome`	$1.96M	USD	2 Qtrs
REVENUES	`Revenues`	$59.84M	USD	1 Quarter
REVENUES	`Revenues`	$135.58M	USD	2 Qtrs
REVENUES	`Revenues`	$71.46M	USD	1 Quarter
REVENUES	`Revenues`	$118.15M	USD	2 Qtrs
Rental and other property operating	`DirectCostsOfLeasedRentedAndOtherPropertyOperating`	$49.95M	USD	2 Qtrs
Rental and other property operating	`DirectCostsOfLeasedRentedAndOtherPropertyOperating`	$30.44M	USD	1 Quarter
Rental and other property operating	`DirectCostsOfLeasedRentedAndOtherPropertyOperating`	$25.23M	USD	1 Quarter
Rental and other property operating	`DirectCostsOfLeasedRentedAndOtherPropertyOperating`	$60.02M	USD	2 Qtrs
Asset management fees and other fees to related parties	`RelatedPartyAssetManagementFeesAndOtherFees`	$12.07M	USD	2 Qtrs
Asset management fees and other fees to related parties	`RelatedPartyAssetManagementFeesAndOtherFees`	$5.43M	USD	1 Quarter
Asset management fees and other fees to related parties	`RelatedPartyAssetManagementFeesAndOtherFees`	$6.34M	USD	1 Quarter
Asset management fees and other fees to related parties	`RelatedPartyAssetManagementFeesAndOtherFees`	$10.84M	USD	2 Qtrs
Interest	`InterestExpense`	$9.40M	USD	2 Qtrs
Interest	`InterestExpense`	$9.16M	USD	2 Qtrs
Interest	`InterestExpense`	$4.72M	USD	1 Quarter
Interest	`InterestExpense`	$4.94M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.26M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$715.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.61M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$4.79M	USD	2 Qtrs
Transaction costs	`BusinessCombinationAcquisitionRelatedCosts`	$1.39M	USD	2 Qtrs
Transaction costs	`BusinessCombinationAcquisitionRelatedCosts`	$1.39M	USD	1 Quarter
Transaction costs	`BusinessCombinationAcquisitionRelatedCosts`	$32.00K	USD	1 Quarter
Transaction costs	`BusinessCombinationAcquisitionRelatedCosts`	$500.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$17.53M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$17.29M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$33.91M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$34.67M	USD	2 Qtrs
EXPENSES	`CostsAndExpenses`	$120.46M	USD	2 Qtrs
EXPENSES	`CostsAndExpenses`	$62.64M	USD	1 Quarter
EXPENSES	`CostsAndExpenses`	$55.03M	USD	1 Quarter
EXPENSES	`CostsAndExpenses`	$107.52M	USD	2 Qtrs
Bargain purchase gain (Note 2)	`BusinessCombinationBargainPurchaseGainRecognizedAmount`	$4.92M	USD	2 Qtrs
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$8.81M	USD	1 Quarter
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$4.81M	USD	1 Quarter
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$20.04M	USD	2 Qtrs
INCOME BEFORE PROVISION FOR INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$10.63M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$300.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$308.00K	USD	2 Qtrs
NET INCOME	`ProfitLoss`	$19.73M	USD	2 Qtrs
NET INCOME	`ProfitLoss`	$4.81M	USD	1 Quarter
NET INCOME	`ProfitLoss`	$10.63M	USD	2 Qtrs
NET INCOME	`ProfitLoss`	$8.51M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$115.00K	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$113.00K	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$109.00K	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$113.00K	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO STOCKHOLDERS	`NetIncomeLoss`	$19.62M	USD	2 Qtrs
NET INCOME ATTRIBUTABLE TO STOCKHOLDERS	`NetIncomeLoss`	$8.40M	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO STOCKHOLDERS	`NetIncomeLoss`	$10.52M	USD	2 Qtrs
NET INCOME ATTRIBUTABLE TO STOCKHOLDERS	`NetIncomeLoss`	$4.70M	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$19.62M	USD	2 Qtrs
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$8.40M	USD	1 Quarter
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$10.52M	USD	2 Qtrs
COMPREHENSIVE INCOME	`ComprehensiveIncomeNetOfTax`	$4.70M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.11	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.05	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.09	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.20	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.20	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.05	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.09	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.11	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesIssuedBasic`	96.76M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesIssuedBasic`	95.44M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesIssuedBasic`	97.57M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesIssuedBasic`	95.44M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	95.44M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	95.44M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	96.76M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	97.58M	shares	1 Quarter

Cash Flow Statement 89 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$19.73M	USD	2 Qtrs
Net income	`ProfitLoss`	$4.81M	USD	1 Quarter
Net income	`ProfitLoss`	$10.63M	USD	2 Qtrs
Net income	`ProfitLoss`	$8.51M	USD	1 Quarter
Deferred rent, and amortization of intangible assets, liabilities and lease inducements	`DeferredRentAndAmortizationOfIntangibleAssetsLiabilitiesAndLeaseInducements`	$-1.87M	USD	2 Qtrs
Deferred rent, and amortization of intangible assets, liabilities and lease inducements	`DeferredRentAndAmortizationOfIntangibleAssetsLiabilitiesAndLeaseInducements`	$-4.46M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$17.53M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$17.29M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$33.91M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$34.67M	USD	2 Qtrs
Bargain purchase gain	`BusinessCombinationBargainPurchaseGainRecognizedAmount`	$4.92M	USD	2 Qtrs
Straight line rent, below-market ground lease and amortization of intangible assets	`StraightLineRentExpenseBelowMarketGroundLeaseAndAmortizationOfIntangibleAssets`	$933.00K	USD	2 Qtrs
Straight line rent, below-market ground lease and amortization of intangible assets	`StraightLineRentExpenseBelowMarketGroundLeaseAndAmortizationOfIntangibleAssets`	$933.00K	USD	2 Qtrs
Amortization of deferred loan costs	`AmortizationOfFinancingCosts`	$299.00K	USD	2 Qtrs
Amortization of deferred loan costs	`AmortizationOfFinancingCosts`	$652.00K	USD	2 Qtrs
Amortization of premiums and discounts on debt	`AmortizationOfDebtDiscountPremium`	$-562.00K	USD	2 Qtrs
Amortization of premiums and discounts on debt	`AmortizationOfDebtDiscountPremium`	$-403.00K	USD	2 Qtrs
Unrealized premium adjustments	`UnrealizedPremiumAdjustment`	$782.00K	USD	2 Qtrs
Amortization and accretion on loans receivable, net	`AmortizationAndAccretionOnLoansReceivableNet`	$1.84M	USD	2 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$126.00K	USD	2 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$467.00K	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$55.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$373.00K	USD	2 Qtrs
Loans funded, held for sale	`PaymentsForOriginationAndPurchasesOfLoansHeldForSale`	$16.75M	USD	2 Qtrs
Proceeds from sale of guaranteed loans	`ProceedsFromSaleOfLoansHeldForSale`	$13.00M	USD	2 Qtrs
Principal collected on loans	`ProceedsFromCollectionOfLoansHeldForSale`	$2.07M	USD	2 Qtrs
Other operating activity	`OtherNoncashIncomeExpense`	$300.00K	USD	2 Qtrs
Accounts receivable and interest receivable	`IncreaseDecreaseInReceivables`	$2.80M	USD	2 Qtrs
Accounts receivable and interest receivable	`IncreaseDecreaseInReceivables`	$58.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$2.15M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.74M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.42M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-6.29M	USD	2 Qtrs
Deferred leasing costs	`IncreaseDecreaseInDeferredLeasingFees`	$4.54M	USD	2 Qtrs
Deferred leasing costs	`IncreaseDecreaseInDeferredLeasingFees`	$1.84M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-1.26M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$2.23M	USD	2 Qtrs
Due to related parties	`IncreaseDecreaseInDueToRelatedParties`	$2.08M	USD	2 Qtrs
Due to related parties	`IncreaseDecreaseInDueToRelatedParties`	$180.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$32.25M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$36.67M	USD	2 Qtrs
Additions to investments in real estate	`PaymentsToDevelopRealEstateAssets`	$11.38M	USD	2 Qtrs
Additions to investments in real estate	`PaymentsToDevelopRealEstateAssets`	$12.90M	USD	2 Qtrs
Acquisition of real estate properties	`PaymentsToAcquireRealEstateAndMortgageNoteReceivable`	$44.94M	USD	2 Qtrs
Loans funded	`PaymentsToAcquireLoansHeldForInvestment`	$8.44M	USD	2 Qtrs
Cash and cash equivalents acquired in connection with the merger	`PaymentsToAcquireCashAndCashEquivalentsInvestingActivities`	$3.19M	USD	2 Qtrs
Principal collected on loans	`ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment`	$25.35M	USD	2 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCash`	$-397.00K	USD	2 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCash`	$536.00K	USD	2 Qtrs
Other investing activity	`PaymentsForProceedsFromOtherInvestingActivities`	$-160.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-38.12M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-10.99M	USD	2 Qtrs
Payment of mortgages payable	`RepaymentsOfFirstMortgageBond`	$3.19M	USD	2 Qtrs
Payment of mortgages payable	`RepaymentsOfFirstMortgageBond`	$4.26M	USD	2 Qtrs
Proceeds from unsecured revolving lines of credit, revolving credit facility and term note	`ProceedsFromShortTermDebt`	$26.00M	USD	2 Qtrs
Proceeds from unsecured revolving lines of credit, revolving credit facility and term note	`ProceedsFromShortTermDebt`	$142.90M	USD	2 Qtrs
Payment of unsecured revolving line of credit, revolving credit facility and term note	`RepaymentsOfShortTermDebt`	$32.90M	USD	2 Qtrs
Payment of principal on secured borrowings - government guaranteed loans	`RepaymentsOfSecuredDebt`	$2.07M	USD	2 Qtrs
Proceeds from secured borrowings - government guaranteed loans	`ProceedsFromIssuanceOfSecuredDebt`	$1.98M	USD	2 Qtrs
Payment of deferred loan costs	`PaymentsOfLoanCosts`	$447.00K	USD	2 Qtrs
Payment of deferred loan costs	`PaymentsOfLoanCosts`	$8.00K	USD	2 Qtrs
Payment of dividends	`PaymentsOfOrdinaryDividends`	$26.26M	USD	2 Qtrs
Payment of special dividend and dividend assumed in acquisition	`PaymentsOfOrdinaryDividendsAssumedInAcquisition`	$59.29M	USD	2 Qtrs
Distributions pre-merger	`PaymentsOfDividendsCommonStock`	$16.10M	USD	2 Qtrs
Distributions pre-merger	`PaymentsOfDividendsCommonStock`	$41.03M	USD	2 Qtrs
Contributions	`ProceedsFromContributionsFromOwners`	$32.00K	USD	2 Qtrs
Contributions from noncontrolling interests	`ProceedsFromMinorityShareholders`	$10.00K	USD	2 Qtrs
Proceeds from issuance of stock	`ProceedsFromIssuanceOfCommonStock`	$201.00K	USD	2 Qtrs
Retirement of fractional shares of common shares	`PaymentsForRepurchaseOfCommonStock`	$3.00K	USD	2 Qtrs
Noncontrolling interests' distributions	`PaymentsOfDividendsMinorityInterest`	$148.00K	USD	2 Qtrs
Noncontrolling interests' distributions	`PaymentsOfDividendsMinorityInterest`	$150.00K	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-19.43M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$4.68M	USD	2 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.84M	USD	2 Qtrs
NET INCREASE IN CASH AND CASH EQUIVALENTS	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$3.23M	USD	2 Qtrs
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$16.80M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$31.51M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$20.03M	USD	Point-in-time
Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$33.35M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$16.80M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$31.51M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$20.03M	USD	Point-in-time
End of period	`CashAndCashEquivalentsAtCarryingValue`	$33.35M	USD	Point-in-time
Cash paid during the period for interest	`InterestPaid`	$9.05M	USD	2 Qtrs
Cash paid during the period for interest	`InterestPaid`	$9.50M	USD	2 Qtrs
Federal income taxes paid	`IncomeTaxesPaid`	$334.00K	USD	2 Qtrs
Additions to investments in real estate included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$3.17M	USD	2 Qtrs
Additions to investments in real estate included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$2.11M	USD	2 Qtrs
Additions to deferred loan costs included in accounts payable and accrued expenses	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$120.00K	USD	2 Qtrs

Stockholders Equity 30 line items

Line Item	Tag	Value	Unit	Period
Dividends declared, common (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.27	USD	2 Qtrs
Dividends declared, common (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.05	USD	Point-in-time
Dividends declared, common (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.22	USD	Point-in-time
Dividends declared, preferred (in dollars per share)	`PreferredStockDividendsPerShareDeclared`	$0.07	USD	2 Qtrs
Dividends declared, preferred (in dollars per share)	`PreferredStockDividendsPerShareDeclared`	$0.03	USD	Point-in-time
Dividends declared, preferred (in dollars per share)	`PreferredStockDividendsPerShareDeclared`	$0.04	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.40B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.44B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.38B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.47B	USD	Point-in-time
Distributions pre-merger	`DistributionsPreMerger`	$16.10M	USD	2 Qtrs
Contributions from noncontrolling interests	`ContributionsFromNoncontrollingInterests1`	$10.00K	USD	2 Qtrs
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$41.19M	USD	2 Qtrs
Distributions to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$148.00K	USD	2 Qtrs
Reverse acquisition capital transaction	`StockIssuedDuringPeriodValueAcquisitions`	$44.61M	USD	2 Qtrs
Contributions	`AdjustmentToAdditionalPaidInCapitalCapitalContributions`	$32.00K	USD	2 Qtrs
Exercise of stock options	`StockIssuedDuringPeriodValueStockOptionsExercised`	$201.00K	USD	2 Qtrs
Stock based compensation expense	`StockIssuedDuringPeriodValueShareBasedCompensation`	$373.00K	USD	2 Qtrs
Retirement of fractional shares	`StockRepurchasedAndRetiredDuringPeriodValue`	$3.00K	USD	2 Qtrs
Common dividends ($0.26875 per share)	`DividendsCommonStock`	$21.67M	USD	2 Qtrs
Preferred dividends ($0.0705 per share)	`DividendsPreferredStock`	$4.58M	USD	2 Qtrs
Preferred dividends ($0.0705 per share)	`DividendsPreferredStock`	$1.96M	USD	Point-in-time
Net income	`ProfitLoss`	$19.73M	USD	2 Qtrs
Net income	`ProfitLoss`	$4.81M	USD	1 Quarter
Net income	`ProfitLoss`	$10.63M	USD	2 Qtrs
Net income	`ProfitLoss`	$8.51M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.40B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.44B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.38B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.47B	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.