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10-Q Filing

STERLING REAL ESTATE TRUST CIK: 1412502 Q1 2012
Filing Information
Form Type 10-Q
Accession Number 0001193125-12-231593
Period End Date 20120331
Filing Date 20120514
Fiscal Year 2012
Fiscal Period Q1
XBRL Instance inre-20120331.xml
Filing Contents
Balance Sheet 78 line items
Line Item Tag Value Unit Period
Accumulated amortization on financing cost AccumulatedAmortizationDeferredFinanceCosts $1.12M USD Point-in-time
Accumulated amortization on financing cost AccumulatedAmortizationDeferredFinanceCosts $1.01M USD Point-in-time
Accumulated amortization on rent incentive AccumulatedAmortizationOnRentIncentive $216.67K USD Point-in-time
PROPERTY AND EQUIPMENT, less accumulated depreciation PropertyPlantAndEquipmentNet $341.00M USD Point-in-time
Accumulated amortization on rent incentive AccumulatedAmortizationOnRentIncentive $241.67K USD Point-in-time
PROPERTY AND EQUIPMENT, less accumulated depreciation PropertyPlantAndEquipmentNet $355.66M USD Point-in-time
CASH AND CASH EQUIVALENTS CashAndCashEquivalentsAtCarryingValue $10.74M USD Point-in-time
Accumulated amortization on intangible assets FiniteLivedIntangibleAssetsAccumulatedAmortization $1.89M USD Point-in-time
Accumulated amortization on intangible assets FiniteLivedIntangibleAssetsAccumulatedAmortization $1.66M USD Point-in-time
CASH AND CASH EQUIVALENTS CashAndCashEquivalentsAtCarryingValue $4.74M USD Point-in-time
CASH AND CASH EQUIVALENTS CashAndCashEquivalentsAtCarryingValue $3.19M USD Point-in-time
CASH AND CASH EQUIVALENTS CashAndCashEquivalentsAtCarryingValue $10.01M USD Point-in-time
RESTRICTED DEPOSITS AND FUNDED RESERVES OtherRestrictedAssets $3.40M USD Point-in-time
RESTRICTED DEPOSITS AND FUNDED RESERVES OtherRestrictedAssets $4.02M USD Point-in-time
INVESTMENT IN UNCONSOLIDATED AFFILIATES InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $1.51M USD Point-in-time
INVESTMENT IN UNCONSOLIDATED AFFILIATES InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $4.26M USD Point-in-time
DUE FROM RELATED PARTY DueFromRelatedParties $92.12K USD Point-in-time
DUE FROM RELATED PARTY DueFromRelatedParties $367.64K USD Point-in-time
RECEIVABLES AccountsReceivableNet $2.63M USD Point-in-time
RECEIVABLES AccountsReceivableNet $2.15M USD Point-in-time
PREPAID EXPENSES PrepaidExpenseCurrentAndNoncurrent $709.06K USD Point-in-time
PREPAID EXPENSES PrepaidExpenseCurrentAndNoncurrent $453.39K USD Point-in-time
NOTES RECEIVABLE NotesReceivableNet $252.86K USD Point-in-time
NOTES RECEIVABLE NotesReceivableNet $1.81M USD Point-in-time
FINANCING COSTS, less accumulated amortization of $1,115,588 in 2012 and $1,011,602 in 2011 DeferredFinanceCostsNet $2.21M USD Point-in-time
FINANCING COSTS, less accumulated amortization of $1,115,588 in 2012 and $1,011,602 in 2011 DeferredFinanceCostsNet $2.36M USD Point-in-time
ASSETS HELD FOR SALE AssetsHeldForSaleAtCarryingValue $449.73K USD Point-in-time
ASSETS HELD FOR SALE AssetsHeldForSaleAtCarryingValue - USD Point-in-time
RENT INCENTIVE, less accumulated amortization of $241,667 in 2012 and $216,667 in 2011 IncentiveToLessee $1.26M USD Point-in-time
RENT INCENTIVE, less accumulated amortization of $241,667 in 2012 and $216,667 in 2011 IncentiveToLessee $1.28M USD Point-in-time
INTANGIBLE ASSETS, less accumulated amortization of $1,887,134 in 2012 and $1,660,688 in 2011 IntangibleAssetsNetExcludingGoodwill $7.18M USD Point-in-time
INTANGIBLE ASSETS, less accumulated amortization of $1,887,134 in 2012 and $1,660,688 in 2011 IntangibleAssetsNetExcludingGoodwill $8.55M USD Point-in-time
OTHER ASSETS OtherAssets $724.23K USD Point-in-time
OTHER ASSETS OtherAssets $699.23K USD Point-in-time
Total assets Assets $369.68M USD Point-in-time
Total assets Assets $381.27M USD Point-in-time
MORTGAGE NOTES PAYABLE MortgageNotesPayable $199.87M USD Point-in-time
MORTGAGE NOTES PAYABLE MortgageNotesPayable $217.48M USD Point-in-time
NOTES PAYABLE NotesPayableCurrent $8.00M USD Point-in-time
NOTES PAYABLE NotesPayableCurrent $4.00M USD Point-in-time
SPECIAL ASSESSMENTS PAYABLE SpecialAssessmentBond $1.57M USD Point-in-time
SPECIAL ASSESSMENTS PAYABLE SpecialAssessmentBond $1.48M USD Point-in-time
DIVIDENDS PAYABLE DividendsPayableCurrentAndNoncurrent $3.11M USD Point-in-time
DIVIDENDS PAYABLE DividendsPayableCurrentAndNoncurrent $2.95M USD Point-in-time
DUE TO RELATED PARTY DueToRelatedPartiesCurrentAndNoncurrent $66.73K USD Point-in-time
DUE TO RELATED PARTY DueToRelatedPartiesCurrentAndNoncurrent $350.96K USD Point-in-time
TENANT SECURITY DEPOSITS PAYABLE SecurityDepositLiability $1.53M USD Point-in-time
TENANT SECURITY DEPOSITS PAYABLE SecurityDepositLiability $1.56M USD Point-in-time
INVESTMENT CERTIFICATES InvestmentCertificates $1.44M USD Point-in-time
INVESTMENT CERTIFICATES InvestmentCertificates $1.42M USD Point-in-time
UNFAVORABLE LEASES, net OffMarketLeaseUnfavorable $519.30K USD Point-in-time
UNFAVORABLE LEASES, net OffMarketLeaseUnfavorable $759.05K USD Point-in-time
ACCOUNTS PAYABLE--TRADE AccountsPayableTradeCurrentAndNoncurrent $9.15K USD Point-in-time
ACCOUNTS PAYABLE--TRADE AccountsPayableTradeCurrentAndNoncurrent $77.07K USD Point-in-time
LIABILITIES RELATED TO ASSETS HELD FOR SALE LiabilitiesOfAssetsHeldForSale - USD Point-in-time
LIABILITIES RELATED TO ASSETS HELD FOR SALE LiabilitiesOfAssetsHeldForSale $6.32K USD Point-in-time
FAIR VALUE OF INTEREST RATE SWAP InterestRateDerivativeLiabilitiesAtFairValue $452.59K USD Point-in-time
FAIR VALUE OF INTEREST RATE SWAP InterestRateDerivativeLiabilitiesAtFairValue $423.78K USD Point-in-time
DEFERRED INSURANCE PROCEEDS OtherDeferredCreditsCurrent $49.49K USD Point-in-time
DEFERRED INSURANCE PROCEEDS OtherDeferredCreditsCurrent $49.19K USD Point-in-time
ACCRUED EXPENSES AccruedLiabilitiesCurrentAndNoncurrent $2.93M USD Point-in-time
ACCRUED EXPENSES AccruedLiabilitiesCurrentAndNoncurrent $2.96M USD Point-in-time
TOTAL LIABILITIES Liabilities $237.04M USD Point-in-time
TOTAL LIABILITIES Liabilities $216.03M USD Point-in-time
COMMITMENTS--NOTE 15 CommitmentsAndContingencies - USD Point-in-time
COMMITMENTS--NOTE 15 CommitmentsAndContingencies - USD Point-in-time
NONCONTROLLING INTEREST IN OPERATING PARTNERSHIP MinorityInterestInOperatingPartnerships $108.54M USD Point-in-time
NONCONTROLLING INTEREST IN OPERATING PARTNERSHIP MinorityInterestInOperatingPartnerships $109.38M USD Point-in-time
BENEFICIAL INTEREST CommonStockValueOutstanding $44.69M USD Point-in-time
BENEFICIAL INTEREST CommonStockValueOutstanding $36.14M USD Point-in-time
ACCUMULATED COMPREHENSIVE LOSS AccumulatedOtherComprehensiveIncomeLossNetOfTax $-452.59K USD Point-in-time
ACCUMULATED COMPREHENSIVE LOSS AccumulatedOtherComprehensiveIncomeLossNetOfTax $-423.78K USD Point-in-time
Total shareholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $139.66M USD Point-in-time
Total shareholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $141.35M USD Point-in-time
Total shareholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $144.23M USD Point-in-time
Total shareholders' equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $153.65M USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $369.68M USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $381.27M USD Point-in-time
Income Statement 55 line items
Line Item Tag Value Unit Period
REAL ESTATE RENTAL INCOME RealEstateRevenueGross $10.90M USD 1 Quarter
REAL ESTATE RENTAL INCOME RealEstateRevenueGross $12.47M USD 1 Quarter
TENANT REIMBURSEMENTS TenantReimbursements $1.05M USD 1 Quarter
TENANT REIMBURSEMENTS TenantReimbursements $958.82K USD 1 Quarter
Total income from rental operations RealEstateRevenueNet $13.43M USD 1 Quarter
Total income from rental operations RealEstateRevenueNet $11.95M USD 1 Quarter
INTEREST FinancingInterestExpense $2.95M USD 1 Quarter
INTEREST FinancingInterestExpense $3.04M USD 1 Quarter
DEPRECIATION AND AMORTIZATION DepreciationAndAmortization $2.43M USD 1 Quarter
DEPRECIATION AND AMORTIZATION DepreciationAndAmortization $2.76M USD 1 Quarter
REAL ESTATE TAXES RealEstateTaxExpense $1.55M USD 1 Quarter
REAL ESTATE TAXES RealEstateTaxExpense $1.40M USD 1 Quarter
PROPERTY MANAGEMENT FEES OwnedPropertyManagementCosts $920.63K USD 1 Quarter
PROPERTY MANAGEMENT FEES OwnedPropertyManagementCosts $1.08M USD 1 Quarter
UTILITIES CostOfUtilities $981.42K USD 1 Quarter
UTILITIES CostOfUtilities $1.06M USD 1 Quarter
REPAIRS AND MAINTENANCE CostOfPropertyRepairsAndMaintenance $1.27M USD 1 Quarter
REPAIRS AND MAINTENANCE CostOfPropertyRepairsAndMaintenance $1.17M USD 1 Quarter
INSURANCE RealEstateInsurance $172.39K USD 1 Quarter
INSURANCE RealEstateInsurance $225.03K USD 1 Quarter
Total expenses from rental operations CostOfRealEstateRevenue $10.13M USD 1 Quarter
Total expenses from rental operations CostOfRealEstateRevenue $10.87M USD 1 Quarter
ADMINISTRATIVE EXPENSES GeneralAndAdministrativeExpense $30.38K USD 1 Quarter
ADMINISTRATIVE EXPENSES GeneralAndAdministrativeExpense $28.24K USD 1 Quarter
ADVISORY FEES ServiceManagementCosts $324.05K USD 1 Quarter
ADVISORY FEES ServiceManagementCosts $188.57K USD 1 Quarter
ACQUISITION AND DISPOSITION EXPENSES BusinessCombinationAcquisitionRelatedCosts $159.81K USD 1 Quarter
ACQUISITION AND DISPOSITION EXPENSES BusinessCombinationAcquisitionRelatedCosts $137.18K USD 1 Quarter
TRUSTEE FEES TrusteeFees $9.90K USD 1 Quarter
TRUSTEE FEES TrusteeFees $7.20K USD 1 Quarter
LEGAL AND ACCOUNTING ProfessionalFees $219.26K USD 1 Quarter
LEGAL AND ACCOUNTING ProfessionalFees $188.64K USD 1 Quarter
Total administration of REIT SellingGeneralAndAdministrativeExpense $583.15K USD 1 Quarter
Total administration of REIT SellingGeneralAndAdministrativeExpense $710.09K USD 1 Quarter
TOTAL EXPENSES OperatingExpenses $11.58M USD 1 Quarter
TOTAL EXPENSES OperatingExpenses $10.72M USD 1 Quarter
INCOME FROM OPERATIONS OperatingIncomeLoss $1.24M USD 1 Quarter
INCOME FROM OPERATIONS OperatingIncomeLoss $1.85M USD 1 Quarter
EQUITY IN INCOME OF UNCONSOLIDATED AFFILIATES IncomeLossFromEquityMethodInvestments $204.91K USD 1 Quarter
INTEREST INCOME InvestmentIncomeInterest $29.93K USD 1 Quarter
INTEREST INCOME InvestmentIncomeInterest $64.55K USD 1 Quarter
Total other income OtherIncome $234.84K USD 1 Quarter
Total other income OtherIncome $64.55K USD 1 Quarter
INCOME FROM CONTINUING OPERATIONS IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $2.08M USD 1 Quarter
INCOME FROM CONTINUING OPERATIONS IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $1.30M USD 1 Quarter
DISCONTINUED OPERATIONS--NOTE 16 GainLossOnSaleOfPropertiesBeforeApplicableIncomeTaxes $20.43K USD 1 Quarter
DISCONTINUED OPERATIONS--NOTE 16 GainLossOnSaleOfPropertiesBeforeApplicableIncomeTaxes $-96.61K USD 1 Quarter
NET INCOME ProfitLoss $1.98M USD 1 Quarter
NET INCOME ProfitLoss $1.32M USD 1 Quarter
NET INCOME ATTRIBUTABLE TO THE NONCONTROLLING INTEREST NetIncomeLossAttributableToNoncontrollingInterest $1.45M USD 1 Quarter
NET INCOME ATTRIBUTABLE TO THE NONCONTROLLING INTEREST NetIncomeLossAttributableToNoncontrollingInterest $972.11K USD 1 Quarter
NET INCOME ATTRIBUTABLE TO INREIT REAL ESTATE INVESTMENT TRUST NetIncomeLoss $349.38K USD 1 Quarter
NET INCOME ATTRIBUTABLE TO INREIT REAL ESTATE INVESTMENT TRUST NetIncomeLoss $535.18K USD 1 Quarter
NET INCOME PER COMMON SHARE BASIC AND DILUTED EarningsPerShareBasicAndDiluted $0.09 USD 1 Quarter
NET INCOME PER COMMON SHARE BASIC AND DILUTED EarningsPerShareBasicAndDiluted $0.13 USD 1 Quarter
Cash Flow Statement 97 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $1.98M USD 1 Quarter
Net income ProfitLoss $1.32M USD 1 Quarter
Loss on sale of property and equipment LossOnSaleOfPropertyAndEquipment $-87.97K USD 1 Quarter
Equity in income of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $204.91K USD 1 Quarter
Depreciation Depreciation $2.19M USD 1 Quarter
Depreciation Depreciation $2.36M USD 1 Quarter
Amortization AdjustmentForAmortization $392.51K USD 1 Quarter
Amortization AdjustmentForAmortization $246.35K USD 1 Quarter
Tenant security deposits IncreaseDecreaseInSecurityDeposits $-59.93K USD 1 Quarter
Tenant security deposits IncreaseDecreaseInSecurityDeposits $-22.20K USD 1 Quarter
Due from related party IncreaseDecreaseInDueFromRelatedPartiesCurrent $-275.52K USD 1 Quarter
Due from related party IncreaseDecreaseInDueFromRelatedPartiesCurrent $-238.08K USD 1 Quarter
Receivables IncreaseDecreaseInAccountsReceivable $-102.08K USD 1 Quarter
Receivables IncreaseDecreaseInAccountsReceivable $-88.18K USD 1 Quarter
Prepaid expenses IncreaseDecreaseInPrepaidExpense $-127.79K USD 1 Quarter
Prepaid expenses IncreaseDecreaseInPrepaidExpense $-245.22K USD 1 Quarter
Rent incentive IncreaseDecreaseInRentIncentive $5.00K USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $-25.00K USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $25.00K USD 1 Quarter
Due to related party IncreaseDecreaseInDueToRelatedPartiesCurrent $21.72K USD 1 Quarter
Due to related party IncreaseDecreaseInDueToRelatedPartiesCurrent $121.51K USD 1 Quarter
Due to related party for acquisition fees DueToRelatedPartyForAcquisitionFees $-34.76K USD 1 Quarter
Tenant security deposits payable IncreaseDecreaseInSecurityDepositPayable $-28.51K USD 1 Quarter
Tenant security deposits payable IncreaseDecreaseInSecurityDepositPayable $-70.43K USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $67.92K USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-92.16K USD 1 Quarter
Liabilities related to assets held for sale IncreaseDecreaseLiabilitiesRelatedToAssetsHeldForSale $-16.83K USD 1 Quarter
Accrued expenses IncreaseDecreaseInAccruedLiabilities $233.72K USD 1 Quarter
Accrued expenses IncreaseDecreaseInAccruedLiabilities $-74.06K USD 1 Quarter
NET CASH FROM OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivities $4.05M USD 1 Quarter
NET CASH FROM OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivities $5.72M USD 1 Quarter
Purchase of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $52.94K USD 1 Quarter
Purchase of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $188.79K USD 1 Quarter
Purchase of intangible assets PaymentsToAcquireIntangibleAssets $727.50K USD 1 Quarter
Proceeds from sale of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $350.00K USD 1 Quarter
Investment in unconsolidated affiliates PaymentsToAcquireRealEstateAndRealEstateJointVentures $80.73K USD 1 Quarter
Distributions received from unconsolidated affiliates EquityMethodInvestmentDividendsOrDistributions $500.20K USD 1 Quarter
Real estate tax and insurance escrows RealEstateTaxAndInsuranceEscrows $802.08K USD 1 Quarter
Real estate tax and insurance escrows RealEstateTaxAndInsuranceEscrows $777.36K USD 1 Quarter
Notes receivable payments received ProceedsFromCollectionOfNotesReceivable $13.09K USD 1 Quarter
Notes receivable payments received ProceedsFromCollectionOfNotesReceivable $1.55M USD 1 Quarter
Deferred insurance proceeds NetDeferredInsuranceProceedsInvestingActivities $-301.00 USD 1 Quarter
Deferred insurance proceeds NetDeferredInsuranceProceedsInvestingActivities $-840.00 USD 1 Quarter
Net payments from (deposits to) replacement reserve NetPaymentsFromDepositsToReplacementReserve $85.30K USD 1 Quarter
Net payments from (deposits to) replacement reserve NetPaymentsFromDepositsToReplacementReserve $32.44K USD 1 Quarter
Net payments from exchange escrow NetPaymentsFromExchangeEscrow $-764.31K USD 1 Quarter
NET CASH FROM (USED FOR) INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities $-972.58K USD 1 Quarter
NET CASH FROM (USED FOR) INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities $1.41M USD 1 Quarter
Payments for financing costs PaymentsOfFinancingCosts $23.21K USD 1 Quarter
Payments for financing costs PaymentsOfFinancingCosts $244.79K USD 1 Quarter
Proceeds from investment certificates issued ProceedsFromInvestmentCertificatesIssued $2.46K USD 1 Quarter
Payments on investment certificates PaymentsOnInvestmentCertificates $20.98K USD 1 Quarter
Proceeds from issuance of mortgage notes payable ProceedsFromIssuanceOfMortgageNotesPayable $323.88K USD 1 Quarter
Proceeds from issuance of mortgage notes payable ProceedsFromIssuanceOfMortgageNotesPayable $1.29M USD 1 Quarter
Principal payments on mortgage notes payable PrincipalPaymentsOnMortgageNotesPayable $7.33M USD 1 Quarter
Principal payments on mortgage notes payable PrincipalPaymentsOnMortgageNotesPayable $1.99M USD 1 Quarter
Net change in short-term notes payable ProceedsFromRepaymentsOfNotesPayable $-4.00M USD 1 Quarter
Proceeds from issuance of shares ProceedsFromIssuanceOfCommonStock $9.13M USD 1 Quarter
Proceeds from issuance of shares ProceedsFromIssuanceOfCommonStock $1.71M USD 1 Quarter
Repurchase of shares PaymentsForRepurchaseOfCommonStock $430.56K USD 1 Quarter
Repurchase of shares PaymentsForRepurchaseOfCommonStock $755.53K USD 1 Quarter
Distributions paid PaymentsOfDividendsCommonStock $2.18M USD 1 Quarter
Distributions paid PaymentsOfDividendsCommonStock $2.47M USD 1 Quarter
Payment of syndication costs PaymentOfSyndicationCosts $510.63K USD 1 Quarter
Payment of syndication costs PaymentOfSyndicationCosts $428.61K USD 1 Quarter
NET CASH FLOWS FROM (USED FOR) FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $-2.35M USD 1 Quarter
NET CASH FLOWS FROM (USED FOR) FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $-5.58M USD 1 Quarter
NET CHANGE IN CASH AND CASH EQUIVALENTS CashAndCashEquivalentsPeriodIncreaseDecrease $726.35K USD 1 Quarter
NET CHANGE IN CASH AND CASH EQUIVALENTS CashAndCashEquivalentsPeriodIncreaseDecrease $1.55M USD 1 Quarter
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue $10.74M USD Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue $4.74M USD Point-in-time
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue $3.19M 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 $10.74M USD Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD CashAndCashEquivalentsAtCarryingValue $4.74M USD Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD CashAndCashEquivalentsAtCarryingValue $3.19M 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, net of capitalized interest AcquisitionOfAssetsWithReductionOfNotesReceivable $2.92M USD 1 Quarter
Cash paid during the period for interest, net of capitalized interest AcquisitionOfAssetsWithReductionOfNotesReceivable $3.08M USD 1 Quarter
Distributions reinvested DistributionsReinvested $471.69K USD 1 Quarter
Distributions reinvested DistributionsReinvested $423.02K USD 1 Quarter
Distributions declared and not paid DistributionsDeclaredAndNotPaid $750.77K USD 1 Quarter
Distributions declared and not paid DistributionsDeclaredAndNotPaid $926.27K USD 1 Quarter
UPREIT distributions declared and not paid SubsidiaryDistributionsDeclaredAndNotPaid $2.11M USD 1 Quarter
UPREIT distributions declared and not paid SubsidiaryDistributionsDeclaredAndNotPaid $2.26M USD 1 Quarter
UPREIT units converted to REIT common shares SubsidiaryUnitsConvertedToParentCommonSharesSupplementaryScheduleOfNoncashInvestingAndFinancingActivities $82.51K USD 1 Quarter
UPREIT units converted to REIT common shares SubsidiaryUnitsConvertedToParentCommonSharesSupplementaryScheduleOfNoncashInvestingAndFinancingActivities $642.34K USD 1 Quarter
Acquisition of assets in exchange for the issuance of noncontrolling interest shares in UPREIT AcquisitionOfAssetsInExchangeForIssuanceOfNoncontrollingInterestShares $2.30M USD 1 Quarter
Acquisition of assets in exchange for the issuance of noncontrolling interest shares in UPREIT AcquisitionOfAssetsInExchangeForIssuanceOfNoncontrollingInterestShares $1.70M USD 1 Quarter
Increase in land improvements due to increase in special assessments payable IncreaseInLandImprovementsDueToIncreaseInSpecialAssessmentsPayable $5.35K USD 1 Quarter
Increase in land improvements due to increase in special assessments payable IncreaseInLandImprovementsDueToIncreaseInSpecialAssessmentsPayable $68.63K USD 1 Quarter
Unrealized (gain) loss on interest rate swap UnrealizedGainLossOnInterestRateSwap $-20.07K USD 1 Quarter
Unrealized (gain) loss on interest rate swap UnrealizedGainLossOnInterestRateSwap $-28.81K USD 1 Quarter
Accounts payable relating to the acquisition assets LiabilitiesAssumed1 $2.20M USD 1 Quarter
Acquisition of assets with reduction of notes receivable AcquisitionOfAssetsThroughAssumptionOfDebtAndPropertyPurchasedWithFinancing $89.35K USD 1 Quarter
Acquisition of assets through assumption of debt and property purchased with financing AcquisitionOfAssetsIncludedInPayables $4.26M USD 1 Quarter
Acquisition of assets through assumption of debt and property purchased with financing AcquisitionOfAssetsIncludedInPayables $431.28K USD 1 Quarter
Stockholders Equity 24 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $139.66M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $141.35M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $144.23M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $153.65M USD Point-in-time
Issuance of common shares StockIssuedDuringPeriodValueNewIssues $1.71M USD 1 Quarter
Issuance of common shares StockIssuedDuringPeriodValueNewIssues $9.13M USD 1 Quarter
Contribution of assets in exchange for the issuance of noncontrolling interest shares MinorityInterestIncreaseFromStockIssuance $2.30M USD 1 Quarter
Contribution of assets in exchange for the issuance of noncontrolling interest shares MinorityInterestIncreaseFromStockIssuance $1.70M USD 1 Quarter
Repurchase of shares StockRepurchasedDuringPeriodValue $755.53K USD 1 Quarter
Repurchase of shares StockRepurchasedDuringPeriodValue $430.56K USD 1 Quarter
Dividends declared DividendsCommonStockCash $2.86M USD 1 Quarter
Dividends declared DividendsCommonStockCash $3.18M USD 1 Quarter
Dividends reinvested-stock dividend StockIssuedDuringPeriodValueDividendReinvestmentPlan $471.69K USD 1 Quarter
Dividends reinvested-stock dividend StockIssuedDuringPeriodValueDividendReinvestmentPlan $423.02K USD 1 Quarter
Syndication costs SyndicationCosts $-198.74K USD 1 Quarter
Syndication costs SyndicationCosts $-556.56K USD 1 Quarter
Decrease in fair value of interest rate swap OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $20.07K USD 1 Quarter
Decrease in fair value of interest rate swap OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $28.81K USD 1 Quarter
Net income ProfitLoss $1.98M USD 1 Quarter
Net income ProfitLoss $1.32M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $139.66M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $141.35M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $144.23M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $153.65M USD Point-in-time

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

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