10-Q Filing

TERRENO REALTY CORP CIK: 1476150 Q1 2012

Filing Information

Form Type	10-Q
Accession Number	`0001193125-12-213364`
Period End Date	20120331
Filing Date	20120507
Fiscal Year	2012
Fiscal Period	Q1
XBRL Instance	trno-20120331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 30 Cash Flow Statement 61 Stockholders Equity 11

Balance Sheet 68 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`	$135.41M	USD	Point-in-time
Land	`Land`	$133.46M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Buildings and improvements	`BuildingsAndImprovementsGross`	$116.29M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Buildings and improvements	`BuildingsAndImprovementsGross`	$122.90M	USD	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	`FiniteLivedIntangibleAssetsExcludingGoodwill`	$14.83M	USD	Point-in-time
Intangible assets	`FiniteLivedIntangibleAssetsExcludingGoodwill`	$15.16M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	400.00M	shares	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
Total investments in properties	`RealEstateInvestmentPropertyAtCost`	$273.47M	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`	13.41M	shares	Point-in-time
Accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$8.81M	USD	Point-in-time
Net investments in properties	`RealEstateInvestmentPropertyNet`	$264.66M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	9.31M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	13.41M	shares	Point-in-time
Net investments in properties	`RealEstateInvestmentPropertyNet`	$257.52M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.25M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$47.95M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$16.78M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$57.25M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$2.14M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$2.19M	USD	Point-in-time
Deferred financing costs, net	`DeferredFinanceCostsNet`	$1.54M	USD	Point-in-time
Deferred financing costs, net	`DeferredFinanceCostsNet`	$770.00K	USD	Point-in-time
Other assets, net	`OtherAssets`	$4.96M	USD	Point-in-time
Other assets, net	`OtherAssets`	$3.37M	USD	Point-in-time
Total assets	`Assets`	$290.13M	USD	Point-in-time
Total assets	`Assets`	$267.05M	USD	Point-in-time
Credit facility	`LineOfCredit`	-	USD	Point-in-time
Credit facility	`LineOfCredit`	$41.00M	USD	Point-in-time
Term loan payable	`LoansPayable`	$20.05M	USD	Point-in-time
Term loan payable	`LoansPayable`	$10.05M	USD	Point-in-time
Mortgage loans payable	`SecuredDebt`	$58.02M	USD	Point-in-time
Mortgage loans payable	`SecuredDebt`	$38.27M	USD	Point-in-time
Security deposits	`SecurityDepositLiability`	$1.95M	USD	Point-in-time
Security deposits	`SecurityDepositLiability`	$1.77M	USD	Point-in-time
Intangible liabilities, net	`IntangibleLiabilities`	$841.00K	USD	Point-in-time
Intangible liabilities, net	`IntangibleLiabilities`	$913.00K	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableOtherCurrentAndNoncurrent`	$7.01M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableOtherCurrentAndNoncurrent`	$6.04M	USD	Point-in-time
Total liabilities	`Liabilities`	$108.04M	USD	Point-in-time
Total liabilities	`Liabilities`	$77.87M	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 8)	`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 13,413,473 and 9,308,670 shares issued and outstanding, respectively	`CommonStockValue`	$132.00K	USD	Point-in-time
Common stock: $0.01 par value, 400,000,000 shares authorized, and 13,413,473 and 9,308,670 shares issued and outstanding, respectively	`CommonStockValue`	$91.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$221.51M	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`	$-9.39M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$212.26M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$159.01M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$290.13M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$267.05M	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Rental revenues	`OperatingLeasesIncomeStatementMinimumLeaseRevenue`	$5.31M	USD	1 Quarter
Rental revenues	`OperatingLeasesIncomeStatementMinimumLeaseRevenue`	$2.58M	USD	1 Quarter
Tenant expense reimbursements	`TenantReimbursements`	$1.30M	USD	1 Quarter
Tenant expense reimbursements	`TenantReimbursements`	$787.00K	USD	1 Quarter
Total revenues	`RealEstateRevenueNet`	$6.61M	USD	1 Quarter
Total revenues	`RealEstateRevenueNet`	$3.37M	USD	1 Quarter
Property operating expenses	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$1.91M	USD	1 Quarter
Property operating expenses	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$1.46M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$1.82M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$959.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.42M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.61M	USD	1 Quarter
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	$282.00K	USD	1 Quarter
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	$714.00K	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$4.31M	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$5.86M	USD	1 Quarter
Interest and other income	`InterestAndOtherIncome`	$1.00K	USD	1 Quarter
Interest and other income	`InterestAndOtherIncome`	$4.00K	USD	1 Quarter
Interest expense, including amortization	`InterestExpense`	$368.00K	USD	1 Quarter
Interest expense, including amortization	`InterestExpense`	$1.01M	USD	1 Quarter
Total other income and expenses	`NonoperatingIncomeExpense`	$-364.00K	USD	1 Quarter
Total other income and expenses	`NonoperatingIncomeExpense`	$-1.01M	USD	1 Quarter
Net and comprehensive loss available to common stockholders	`NetIncomeLoss`	$-1.31M	USD	1 Quarter
Net and comprehensive loss available to common stockholders	`NetIncomeLoss`	$-267.00K	USD	1 Quarter
Basic and Diluted net loss available to common stockholders per share	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	1 Quarter
Basic and Diluted net loss available to common stockholders per share	`EarningsPerShareBasicAndDiluted`	$-0.14	USD	1 Quarter
Basic and Diluted Weighted Average Common Shares Outstanding	`BasicAndDilutedWeightedAverageCommonSharesOutstanding`	12.69M	shares	1 Quarter
Basic and Diluted Weighted Average Common Shares Outstanding	`BasicAndDilutedWeightedAverageCommonSharesOutstanding`	9.13M	shares	1 Quarter
Dividends Declared per Common Share	`CommonStockDividendsPerShareDeclared`	$0.10	USD	1 Quarter
Dividends Declared per Common Share	`CommonStockDividendsPerShareDeclared`	$0.10	USD	1 Quarter

Cash Flow Statement 61 line items

Line Item	Tag	Value	Unit	Period
Net and comprehensive loss	`NetIncomeLoss`	$-1.31M	USD	1 Quarter
Net and comprehensive loss	`NetIncomeLoss`	$-267.00K	USD	1 Quarter
Straight-line rents	`StraightLineRents`	$892.00K	USD	1 Quarter
Straight-line rents	`StraightLineRents`	$310.00K	USD	1 Quarter
Amortization of lease intangibles	`AmortizationOfLeaseIntangibles`	$116.00K	USD	1 Quarter
Amortization of lease intangibles	`AmortizationOfLeaseIntangibles`	$90.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$1.82M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$959.00K	USD	1 Quarter
Deferred financing cost and mortgage premium amortization	`AmortizationOfFinancingCostsAndDiscounts`	$135.00K	USD	1 Quarter
Deferred financing cost and mortgage premium amortization	`AmortizationOfFinancingCostsAndDiscounts`	$49.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$101.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$351.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$121.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$593.00K	USD	1 Quarter
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherLiabilities`	$-135.00K	USD	1 Quarter
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndOtherLiabilities`	$280.00K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-454.00K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$736.00K	USD	1 Quarter
Restricted cash	`IncreaseDecreaseInRestrictedCash`	$21.00K	USD	1 Quarter
Restricted cash	`IncreaseDecreaseInRestrictedCash`	$46.00K	USD	1 Quarter
Cash paid for property acquisitions	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$6.08M	USD	1 Quarter
Cash paid for property acquisitions	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$5.82M	USD	1 Quarter
Cash paid for deposits on property acquisitions	`CashPaidForDepositsOnPropertyAcquisitions`	$200.00K	USD	1 Quarter
Cash paid for deposits on property acquisitions	`CashPaidForDepositsOnPropertyAcquisitions`	$2.00M	USD	1 Quarter
Additions to buildings and improvements	`PaymentsToAcquireBuildings`	$842.00K	USD	1 Quarter
Additions to buildings and improvements	`PaymentsToAcquireBuildings`	$2.94M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-8.68M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-9.27M	USD	1 Quarter
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$55.01M	USD	1 Quarter
Issuance costs on issuance of common stock	`IssuanceCostsOnIssuanceOfCommonStock`	$294.00K	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$79.00K	USD	1 Quarter
Payments on credit facility	`RepaymentsOfLinesOfCredit`	$41.00M	USD	1 Quarter
Payments on term loan payable	`PaymentsOnTermLoanPayable`	$10.00M	USD	1 Quarter
Borrowings on mortgage loans payable	`ProceedsFromIssuanceOfSecuredDebt`	$20.10M	USD	1 Quarter
Payments on mortgage loans payable	`RepaymentsOfSecuredDebt`	$301.00K	USD	1 Quarter
Payments on mortgage loans payable	`RepaymentsOfSecuredDebt`	$166.00K	USD	1 Quarter
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$2.00K	USD	1 Quarter
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$447.00K	USD	1 Quarter
Dividends paid to common stockholders	`PaymentsOfDividendsCommonStock`	$931.00K	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$22.06M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-168.00K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$13.53M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-9.31M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.25M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$47.95M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$16.78M	USD	Point-in-time
Cash and cash equivalents at beginning 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 and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$47.95M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$16.78M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$57.25M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$284.00K	USD	1 Quarter
Cash paid for interest	`InterestPaid`	$1.06M	USD	1 Quarter
Accounts payable related to capital improvements	`IncreaseInAccountsPayableRelatedToCapitalImprovements`	$2.30M	USD	1 Quarter
Accounts payable related to capital improvements	`IncreaseInAccountsPayableRelatedToCapitalImprovements`	$1.21M	USD	1 Quarter
Acquisition of properties	`BusinessAcquisitionPurchasePriceAllocationProperty`	$6.10M	USD	Point-in-time
Acquisition of properties	`BusinessAcquisitionPurchasePriceAllocationProperty`	$5.80M	USD	Point-in-time
Assumption of other assets and liabilities	`BusinessAcquisitionPurchasePriceAllocationAssumptionOfOtherAssetsAndLiabilities`	$-15.00K	USD	1 Quarter
Assumption of other assets and liabilities	`BusinessAcquisitionPurchasePriceAllocationAssumptionOfOtherAssetsAndLiabilities`	$21.00K	USD	1 Quarter
Net cash paid for property acquisitions	`BusinessAcquisitionCostOfAcquiredEntityCashPaid`	$6.08M	USD	Point-in-time
Net cash paid for property acquisitions	`BusinessAcquisitionCostOfAcquiredEntityCashPaid`	$5.82M	USD	Point-in-time

Stockholders Equity 11 line items

Line Item	Tag	Value	Unit	Period
Issuance costs of common stock	`PaymentsOfStockIssuanceCosts`	$305.00K	USD	1 Quarter
Beginning balance	`StockholdersEquity`	$212.26M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$159.01M	USD	Point-in-time
Net and comprehensive loss	`NetIncomeLoss`	$-1.31M	USD	1 Quarter
Net and comprehensive loss	`NetIncomeLoss`	$-267.00K	USD	1 Quarter
Issuance of common stock, net of issuance costs of $305	`StockIssuedDuringPeriodValueNewIssues`	$54.75M	USD	1 Quarter
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$79.00K	USD	1 Quarter
Stock-based compensation	`StockBasedCompensationAmortization`	$170.00K	USD	1 Quarter
Dividends	`DividendsCommonStock`	$1.33M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$212.26M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$159.01M	USD	Point-in-time

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