10-K Filing

TERRENO REALTY CORP CIK: 1476150 FY 2011

Filing Information

Form Type	10-K
Accession Number	`0001193125-12-071345`
Period End Date	20111231
Filing Date	20120222
Fiscal Year	2011
Fiscal Period	FY
XBRL Instance	trno-20111231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 29 Cash Flow Statement 66 Stockholders Equity 15

Balance Sheet 70 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Land	`Land`	$133.46M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Land	`Land`	$71.86M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Buildings and improvements	`BuildingsAndImprovementsGross`	$56.22M	USD	Point-in-time
Buildings and improvements	`BuildingsAndImprovementsGross`	$116.29M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Intangible assets	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$14.83M	USD	Point-in-time
Intangible assets	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$8.28M	USD	Point-in-time
Total investments in properties	`RealEstateInvestmentPropertyAtCost`	$136.36M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Total investments in properties	`RealEstateInvestmentPropertyAtCost`	$264.58M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$1.50M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	9.31M	shares	Point-in-time
Accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$7.06M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	9.26M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	9.26M	shares	Point-in-time
Net investments in properties	`RealEstateInvestmentPropertyNet`	$257.52M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	9.31M	shares	Point-in-time
Net investments in properties	`RealEstateInvestmentPropertyNet`	$134.86M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$57.25M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.25M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$2.14M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$593.00K	USD	Point-in-time
Deferred financing costs, net	`DeferredFinanceCostsNet`	$770.00K	USD	Point-in-time
Deferred financing costs, net	`DeferredFinanceCostsNet`	$796.00K	USD	Point-in-time
Other assets, net	`OtherAssets`	$879.00K	USD	Point-in-time
Other assets, net	`OtherAssets`	$3.37M	USD	Point-in-time
Total assets	`Assets`	$267.05M	USD	Point-in-time
Total assets	`Assets`	$194.38M	USD	Point-in-time
Credit facility	`LineOfCredit`	-	USD	Point-in-time
Credit facility	`LineOfCredit`	$41.00M	USD	Point-in-time
Term loan payable	`LoansPayable`	-	USD	Point-in-time
Term loan payable	`LoansPayable`	$20.05M	USD	Point-in-time
Mortgage loans payable	`SecuredDebt`	$38.27M	USD	Point-in-time
Mortgage loans payable	`SecuredDebt`	$17.68M	USD	Point-in-time
Security deposits	`SecurityDepositLiability`	$899.00K	USD	Point-in-time
Security deposits	`SecurityDepositLiability`	$1.77M	USD	Point-in-time
Intangible liabilities, net	`IntangibleLiabilities`	$913.00K	USD	Point-in-time
Intangible liabilities, net	`IntangibleLiabilities`	$883.00K	USD	Point-in-time
Deferred underwriting fee payable	`AccountsPayableUnderwritersPromotersAndEmployeesOtherThanSalariesAndWagesCurrentAndNoncurrent`	-	USD	Point-in-time
Deferred underwriting fee payable	`AccountsPayableUnderwritersPromotersAndEmployeesOtherThanSalariesAndWagesCurrentAndNoncurrent`	$7.00M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableOtherCurrentAndNoncurrent`	$2.42M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableOtherCurrentAndNoncurrent`	$6.04M	USD	Point-in-time
Total liabilities	`Liabilities`	$28.88M	USD	Point-in-time
Total liabilities	`Liabilities`	$108.04M	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 10)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock: $0.01 par value, 100,000,000 shares authorized, and no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock: $0.01 par value, 100,000,000 shares authorized, and no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock: $0.01 par value, 400,000,000 shares authorized, and 9,308,670 and 9,262,778 shares issued and outstanding, respectively	`CommonStockValue`	$91.00K	USD	Point-in-time
Common stock: $0.01 par value, 400,000,000 shares authorized, and 9,308,670 and 9,262,778 shares issued and outstanding, respectively	`CommonStockValue`	$91.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$170.80M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$168.04M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-9.12M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.39M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.00K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$165.50M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$159.01M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$267.05M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$194.38M	USD	Point-in-time

Income Statement 29 line items

Line Item	Tag	Value	Unit	Period
Rental revenues	`OperatingLeasesIncomeStatementMinimumLeaseRevenue`	$13.56M	USD	Annual
Rental revenues	`OperatingLeasesIncomeStatementMinimumLeaseRevenue`	$3.15M	USD	3 Qtrs
Tenant expense reimbursements	`TenantReimbursements`	$884.00K	USD	3 Qtrs
Tenant expense reimbursements	`TenantReimbursements`	$3.94M	USD	Annual
Total revenues	`RealEstateRevenueNet`	$17.50M	USD	Annual
Total revenues	`RealEstateRevenueNet`	$4.03M	USD	3 Qtrs
Property operating expenses	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$6.33M	USD	Annual
Property operating expenses	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$1.29M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$1.26M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$4.90M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$5.41M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$4.12M	USD	3 Qtrs
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	$2.29M	USD	3 Qtrs
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	$1.98M	USD	Annual
Total costs and expenses	`OperatingExpenses`	$18.62M	USD	Annual
Total costs and expenses	`OperatingExpenses`	$8.96M	USD	3 Qtrs
Interest and other (expense) income	`InterestAndOtherIncome`	$-2.00K	USD	Annual
Interest and other (expense) income	`InterestAndOtherIncome`	$64.00K	USD	3 Qtrs
Interest expense, including amortization	`InterestExpense`	$524.00K	USD	3 Qtrs
Interest expense, including amortization	`InterestExpense`	$2.61M	USD	Annual
Total other income and expenses	`NonoperatingIncomeExpense`	$-2.61M	USD	Annual
Total other income and expenses	`NonoperatingIncomeExpense`	$-460.00K	USD	3 Qtrs
Net loss available to common stockholders	`NetIncomeLoss`	$-5.39M	USD	3 Qtrs
Net loss available to common stockholders	`NetIncomeLoss`	$-3.73M	USD	Annual
Basic and Diluted net loss available to common stockholders per share	`EarningsPerShareBasicAndDiluted`	$-0.41	USD	Annual
Basic and Diluted net loss available to common stockholders per share	`EarningsPerShareBasicAndDiluted`	$-0.59	USD	3 Qtrs
Basic and Diluted Weighted Average Common Shares Outstanding	`BasicAndDilutedWeightedAverageCommonSharesOutstanding`	9.11M	shares	3 Qtrs
Basic and Diluted Weighted Average Common Shares Outstanding	`BasicAndDilutedWeightedAverageCommonSharesOutstanding`	9.16M	shares	Annual
Dividends Declared per Common Share	`CommonStockDividendsPerShareDeclared`	$0.40	USD	Annual

Cash Flow Statement 66 line items

Line Item	Tag	Value	Unit	Period
Issuance costs on issuance of common stock	`PaymentsOfStockIssuanceCosts`	$5.08M	USD	3 Qtrs
Issuance costs on issuance of common stock	`PaymentsOfStockIssuanceCosts`	-	USD	Annual
Net loss	`NetIncomeLoss`	$-5.39M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-3.73M	USD	Annual
Straight-line rents	`StraightLineRents`	$220.00K	USD	3 Qtrs
Straight-line rents	`StraightLineRents`	$1.45M	USD	Annual
Amortization of lease intangibles	`AmortizationOfLeaseIntangibles`	$288.00K	USD	3 Qtrs
Amortization of lease intangibles	`AmortizationOfLeaseIntangibles`	$506.00K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$1.26M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$4.90M	USD	Annual
Deferred financing cost and mortgage premium amortization	`AmortizationOfFinancingCostsAndDiscounts`	$73.00K	USD	3 Qtrs
Deferred financing cost and mortgage premium amortization	`AmortizationOfFinancingCostsAndDiscounts`	$238.00K	USD	Annual
Stock-based compensation and amortization	`ShareBasedCompensation`	$1.20M	USD	Annual
Stock-based compensation and amortization	`ShareBasedCompensation`	$784.00K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$690.00K	USD	Annual
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$349.00K	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherLiabilities`	$1.53M	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherLiabilities`	$1.18M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.15M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.02M	USD	3 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCash`	$193.00K	USD	3 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCash`	$1.29M	USD	Annual
Cash paid for property acquisitions	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$116.14M	USD	3 Qtrs
Cash paid for property acquisitions	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$96.93M	USD	Annual
Additions to buildings and improvements	`PaymentsToAcquireBuildings`	$7.67M	USD	Annual
Additions to buildings and improvements	`PaymentsToAcquireBuildings`	$248.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-105.88M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-116.58M	USD	3 Qtrs
Issuance of common stock, net of issuance costs of $0 and $5,085, respectively	`ProceedsFromIssuanceOfCommonStock`	$176.91M	USD	3 Qtrs
Borrowings on credit facility	`ProceedsFromLinesOfCredit`	$47.00M	USD	Annual
Payments on credit facility	`RepaymentsOfLinesOfCredit`	$6.00M	USD	Annual
Borrowings on term loan payable	`ProceedsFromIssuanceOfSecuredDebt`	$20.05M	USD	Annual
Payments on mortgage loans payable	`RepaymentsOfSecuredDebt`	$180.00K	USD	3 Qtrs
Payments on mortgage loans payable	`RepaymentsOfSecuredDebt`	$889.00K	USD	Annual
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$639.00K	USD	Annual
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$882.00K	USD	3 Qtrs
Payment of deferred underwriting fee	`PaymentOfDeferredUnderwritingFee`	$7.00M	USD	Annual
Dividends paid to common stockholders	`PaymentsOfDividendsCommonStock`	$2.79M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$175.85M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$49.73M	USD	Annual
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$57.25M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-54.00M	USD	Annual
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.00K	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$57.25M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.25M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.00K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$57.25M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.25M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$2.10M	USD	Annual
Cash paid for interest	`InterestPaid`	$344.00K	USD	3 Qtrs
Deferred underwriting fee payable	`DeferredUnderwritingFeePayable`	$7.00M	USD	3 Qtrs
Offering costs payable	`OfferingCostsPayable`	$50.00K	USD	3 Qtrs
Offering costs payable	`OfferingCostsPayable`	$50.00K	USD	Annual
Contribution of fixed assets by Terreno Capital Partners LLC	`ContributionOfProperty`	$240.00K	USD	3 Qtrs
Accounts payable related to capital improvements	`IncreaseInAccountsPayableRelatedToCapitalImprovements`	$2.04M	USD	Annual
Accounts payable related to capital improvements	`IncreaseInAccountsPayableRelatedToCapitalImprovements`	$579.00K	USD	3 Qtrs
Acquisition of properties	`BusinessAcquisitionPurchasePriceAllocationProperty`	$119.20M	USD	Point-in-time
Acquisition of properties	`BusinessAcquisitionPurchasePriceAllocationProperty`	$136.04M	USD	Point-in-time
Assumption of mortgage loans payable	`BusinessAcquisitionPurchasePriceAllocationNoncurrentLiabilitiesLongTermDebt`	$-21.54M	USD	Point-in-time
Assumption of mortgage loans payable	`BusinessAcquisitionPurchasePriceAllocationNoncurrentLiabilitiesLongTermDebt`	$-17.18M	USD	Point-in-time
Assumption of mortgage premiums	`BusinessAcquisitionPurchasePriceAllocationAssumptionOfMortgagePremiums`	$-101.00K	USD	Annual
Assumption of mortgage premiums	`BusinessAcquisitionPurchasePriceAllocationAssumptionOfMortgagePremiums`	$-719.00K	USD	3 Qtrs
Assumption of other assets and liabilities	`BusinessAcquisitionPurchasePriceAllocationAssumptionOfOtherAssetsAndLiabilities`	$-2.00M	USD	3 Qtrs
Assumption of other assets and liabilities	`BusinessAcquisitionPurchasePriceAllocationAssumptionOfOtherAssetsAndLiabilities`	$-635.00K	USD	Annual
Net cash paid for property acquisitions	`BusinessAcquisitionCostOfAcquiredEntityCashPaid`	$96.93M	USD	Point-in-time
Net cash paid for property acquisitions	`BusinessAcquisitionCostOfAcquiredEntityCashPaid`	$116.14M	USD	Point-in-time

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$1.00K	USD	Point-in-time
Balance	`StockholdersEquity`	$165.50M	USD	Point-in-time
Balance	`StockholdersEquity`	$159.01M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-5.39M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-3.73M	USD	Annual
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$300.00K	USD	Annual
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$182.24M	USD	3 Qtrs
Equity issuance costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$12.13M	USD	3 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$1.00K	USD	3 Qtrs
Stock-based compensation amortization	`StockBasedCompensationAmortization`	$663.00K	USD	Annual
Stock-based compensation amortization	`StockBasedCompensationAmortization`	$784.00K	USD	3 Qtrs
Dividends	`DividendsCommonStock`	$3.72M	USD	Annual
Balance	`StockholdersEquity`	$1.00K	USD	Point-in-time
Balance	`StockholdersEquity`	$165.50M	USD	Point-in-time
Balance	`StockholdersEquity`	$159.01M	USD	Point-in-time

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