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10-K Filing

STERLING REAL ESTATE TRUST CIK: 1412502 FY 2013
Filing Information
Form Type 10-K
Accession Number 0001193125-14-120161
Period End Date 20131231
Filing Date 20140328
Fiscal Year 2013
Fiscal Period FY
XBRL Instance inre-20131231.xml
Filing Contents
Balance Sheet 69 line items
Line Item Tag Value Unit Period
Accumulated amortization on financing cost AccumulatedAmortizationDeferredFinanceCosts $1.56M USD Point-in-time
Accumulated amortization on financing cost AccumulatedAmortizationDeferredFinanceCosts $2.24M USD Point-in-time
Accumulated amortization on rent incentive AccumulatedAmortizationOnRentIncentive $317.00K USD Point-in-time
Real estate investments RealEstateInvestmentPropertyNet $355.97M USD Point-in-time
Real estate investments RealEstateInvestmentPropertyNet $403.19M USD Point-in-time
Accumulated amortization on intangible assets FiniteLivedIntangibleAssetsAccumulatedAmortization $2.61M USD Point-in-time
Accumulated amortization on intangible assets FiniteLivedIntangibleAssetsAccumulatedAmortization $3.72M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $13.85M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $3.19M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $4.56M USD Point-in-time
Restricted deposits and funded reserves RestrictedCashAndCashEquivalents $3.47M USD Point-in-time
Accumulated amortization on unfavorable leases DeferredRevenueLeasesAccumulatedAmortization $287.00K USD Point-in-time
Restricted deposits and funded reserves RestrictedCashAndCashEquivalents $5.58M USD Point-in-time
Accumulated amortization on unfavorable leases DeferredRevenueLeasesAccumulatedAmortization $432.00K USD Point-in-time
Investment in unconsolidated affiliates InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $7.37M USD Point-in-time
Investment in unconsolidated affiliates InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $4.34M USD Point-in-time
Due from related party DueFromRelatedParties $64.00K USD Point-in-time
Due from related party DueFromRelatedParties $337.00K USD Point-in-time
Receivables AccountsReceivableNet $3.52M USD Point-in-time
Receivables AccountsReceivableNet $2.66M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrentAndNoncurrent $1.21M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrentAndNoncurrent $860.00K USD Point-in-time
Notes receivable NotesReceivableNet $4.00K USD Point-in-time
Financing and lease costs, less accumulated amortization of $2,240 in 2013 and $1,556 in 2012 DeferredFinanceCostsNet $2.44M USD Point-in-time
Financing and lease costs, less accumulated amortization of $2,240 in 2013 and $1,556 in 2012 DeferredFinanceCostsNet $2.95M USD Point-in-time
Rent incentive, less accumulated amortization of $317 in 2012 IncentiveToLessee $1.18M USD Point-in-time
Intangible assets, less accumulated amortization of $3,720 in 2013 and $2,606 in 2012 IntangibleAssetsNetExcludingGoodwill $10.48M USD Point-in-time
Intangible assets, less accumulated amortization of $3,720 in 2013 and $2,606 in 2012 IntangibleAssetsNetExcludingGoodwill $9.13M USD Point-in-time
Other assets OtherAssets $89.00K USD Point-in-time
Other assets OtherAssets $145.00K USD Point-in-time
Total Assets Assets $385.10M USD Point-in-time
Total Assets Assets $448.30M USD Point-in-time
Mortgage notes payable NotesAndLoansPayable $208.96M USD Point-in-time
Mortgage notes payable NotesAndLoansPayable $239.01M USD Point-in-time
Special assessments payable SpecialAssessmentBond $784.00K USD Point-in-time
Special assessments payable SpecialAssessmentBond $1.64M USD Point-in-time
Dividends payable DividendsPayableCurrentAndNoncurrent $3.40M USD Point-in-time
Dividends payable DividendsPayableCurrentAndNoncurrent $3.99M USD Point-in-time
Due to related party DueToRelatedPartiesCurrentAndNoncurrent $294.00K USD Point-in-time
Due to related party DueToRelatedPartiesCurrentAndNoncurrent $112.00K USD Point-in-time
Tenant security deposits payable SecurityDepositLiability $1.76M USD Point-in-time
Tenant security deposits payable SecurityDepositLiability $2.31M USD Point-in-time
Investment certificates InvestmentCertificates $364.00K USD Point-in-time
Investment certificates InvestmentCertificates $1.42M USD Point-in-time
Unfavorable leases, less accumulated amortization of $432 in 2013 and $287 in 2012 OffMarketLeaseUnfavorable $953.00K USD Point-in-time
Unfavorable leases, less accumulated amortization of $432 in 2013 and $287 in 2012 OffMarketLeaseUnfavorable $1.19M USD Point-in-time
Accounts payable-trade AccountsPayableTradeCurrentAndNoncurrent $403.00K USD Point-in-time
Accounts payable-trade AccountsPayableTradeCurrentAndNoncurrent $114.00K USD Point-in-time
Retainage payable RetentionPayable $133.00K USD Point-in-time
Fair value of interest rate swap InterestRateDerivativeLiabilitiesAtFairValue $492.00K USD Point-in-time
Fair value of interest rate swap InterestRateDerivativeLiabilitiesAtFairValue $309.00K USD Point-in-time
Deferred insurance proceeds OtherDeferredCreditsCurrent $105.00K USD Point-in-time
Accrued expenses and other liabilities AccruedLiabilitiesCurrentAndNoncurrent $2.55M USD Point-in-time
Accrued expenses and other liabilities AccruedLiabilitiesCurrentAndNoncurrent $2.71M USD Point-in-time
Total Liabilities Liabilities $251.09M USD Point-in-time
Total Liabilities Liabilities $221.90M USD Point-in-time
COMMITMENTS and CONTINGENCIES-Note 18 CommitmentsAndContingencies - USD Point-in-time
COMMITMENTS and CONTINGENCIES-Note 18 CommitmentsAndContingencies - USD Point-in-time
Noncontrolling interest in operating partnership MinorityInterestInOperatingPartnerships $141.54M USD Point-in-time
Noncontrolling interest in operating partnership MinorityInterestInOperatingPartnerships $109.17M USD Point-in-time
Beneficial interest CommonStockValueOutstanding $54.52M USD Point-in-time
Beneficial interest CommonStockValueOutstanding $55.98M USD Point-in-time
Accumulated comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-492.00K USD Point-in-time
Accumulated comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-309.00K USD Point-in-time
Total Shareholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $197.21M USD Point-in-time
Total Shareholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $163.19M USD Point-in-time
Total Shareholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $144.22M USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $385.10M USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $448.30M USD Point-in-time
Income Statement 75 line items
Line Item Tag Value Unit Period
Real estate rental income RealEstateRevenueGross $48.61M USD Annual
Real estate rental income RealEstateRevenueGross $58.21M USD Annual
Tenant reimbursements TenantReimbursements $3.73M USD Annual
Tenant reimbursements TenantReimbursements $3.41M USD Annual
Total income from rental operations RealEstateRevenueNet $61.94M USD Annual
Total income from rental operations RealEstateRevenueNet $52.02M USD Annual
Interest FinancingInterestExpense $11.22M USD Annual
Interest FinancingInterestExpense $10.93M USD Annual
Depreciation and amortization DepreciationAndAmortization $10.52M USD Annual
Depreciation and amortization DepreciationAndAmortization $12.22M USD Annual
Real estate taxes RealEstateTaxExpense $5.58M USD Annual
Real estate taxes RealEstateTaxExpense $5.68M USD Annual
Property management fees OwnedPropertyManagementCosts $4.32M USD Annual
Property management fees OwnedPropertyManagementCosts $5.24M USD Annual
Utilities Utilities $3.56M USD Annual
Utilities Utilities $4.37M USD Annual
Repairs and maintenance CostOfPropertyRepairsAndMaintenance $6.85M USD Annual
Repairs and maintenance CostOfPropertyRepairsAndMaintenance $5.40M USD Annual
Insurance RealEstateInsurance $1.25M USD Annual
Insurance RealEstateInsurance $899.00K USD Annual
Loss on lease terminations GainLossOnContractTermination $-203.00K USD Annual
Loss on impairment of property ImpairmentOfRealEstate $262.00K USD Annual
Loss on impairment of property ImpairmentOfRealEstate $226.00K USD Annual
Total expenses from rental operations CostOfRealEstateRevenue $41.45M USD Annual
Total expenses from rental operations CostOfRealEstateRevenue $47.26M USD Annual
Administrative expenses GeneralAndAdministrativeExpense $253.00K USD Annual
Administrative expenses GeneralAndAdministrativeExpense $259.00K USD Annual
Advisory fees ServiceManagementCosts $1.31M USD Annual
Advisory fees ServiceManagementCosts $1.63M USD Annual
Acquisition expenses BusinessCombinationAcquisitionRelatedCosts $3.12M USD Annual
Acquisition expenses BusinessCombinationAcquisitionRelatedCosts $673.00K USD Annual
Trustee fees TrusteeFees $64.00K USD Annual
Trustee fees TrusteeFees $51.00K USD Annual
Legal and accounting ProfessionalFees $493.00K USD Annual
Legal and accounting ProfessionalFees $553.00K USD Annual
Total Administration of REIT SellingGeneralAndAdministrativeExpense $5.61M USD Annual
Total Administration of REIT SellingGeneralAndAdministrativeExpense $2.80M USD Annual
Total expenses OperatingExpenses $44.26M USD Annual
Total expenses OperatingExpenses $52.87M USD Annual
Income from operations OperatingIncomeLoss $7.77M USD Annual
Income from operations OperatingIncomeLoss $9.08M USD Annual
Gain on involuntary conversion GainLossOnInvoluntaryConversions $2.00K USD Annual
Equity in income of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $788.00K USD Annual
Equity in income of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $757.00K USD Annual
Interest income InvestmentIncomeInterest $31.00K USD Annual
Interest income InvestmentIncomeInterest $78.00K USD Annual
Other income OtherIncome $100.00K USD Annual
Total other income InterestAndOtherIncome $888.00K USD Annual
Total other income InterestAndOtherIncome $866.00K USD Annual
Income from continuing operations IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $9.97M USD Annual
Income from continuing operations IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $8.63M USD Annual
Discontinued operations GainLossOnSaleOfPropertiesBeforeApplicableIncomeTaxes $499.00K USD Annual
Discontinued operations GainLossOnSaleOfPropertiesBeforeApplicableIncomeTaxes $3.35M USD Annual
Net income ProfitLoss $9.13M USD Annual
Net income ProfitLoss $13.32M USD Annual
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $6.42M USD Annual
Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $9.36M USD Annual
Net income attributable to INREIT Real Estate Investment Trust NetIncomeLoss $2.71M USD Annual
Net income attributable to INREIT Real Estate Investment Trust NetIncomeLoss $3.96M USD Annual
Continued operations IncomeLossFromContinuingOperationsPerBasicAndDilutedShare $0.56 USD Annual
Continued operations IncomeLossFromContinuingOperationsPerBasicAndDilutedShare $0.54 USD Annual
Discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare $0.03 USD Annual
Discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare $0.19 USD Annual
Net income per common share, basic and diluted EarningsPerShareBasicAndDiluted $0.57 USD Annual
Net income per common share, basic and diluted EarningsPerShareBasicAndDiluted $0.75 USD Annual
Net income ProfitLoss $9.13M USD Annual
Net income ProfitLoss $13.32M USD Annual
Other comprehensive income (loss)-change in fair value of interest rate swap OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $-40.00K USD Annual
Other comprehensive income (loss)-change in fair value of interest rate swap OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $183.00K USD Annual
Comprehensive income ComprehensiveIncomeNetOfTax $9.09M USD Annual
Comprehensive income ComprehensiveIncomeNetOfTax $13.50M USD Annual
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $9.48M USD Annual
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $6.40M USD Annual
Comprehensive income attributable to INREIT Real Estate Investment Trust OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $2.69M USD Annual
Comprehensive income attributable to INREIT Real Estate Investment Trust OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $4.02M USD Annual
Cash Flow Statement 101 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $9.13M USD Annual
Net income ProfitLoss $13.32M USD Annual
Gain on sale of real estate GainOnSaleOfRealEstateInvestments $2.59M USD Annual
Gain on sale of real estate GainOnSaleOfRealEstateInvestments $114.00K USD Annual
Loss on lease terminations GainLossOnContractTermination $-203.00K USD Annual
Loss on sale of real estate investments LossOnSaleOfRealEstateInvestments $88.00K USD Annual
Gain on involuntary conversion GainOnBusinessInterruptionInsuranceRecovery $2.00K USD Annual
Loss on impairment of property ImpairmentOfRealEstate $262.00K USD Annual
Loss on impairment of property ImpairmentOfRealEstate $226.00K USD Annual
Equity in income of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $788.00K USD Annual
Equity in income of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $757.00K USD Annual
Depreciation SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense $10.89M USD Annual
Depreciation SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense $9.65M USD Annual
Amortization AdjustmentForAmortization $1.59M USD Annual
Amortization AdjustmentForAmortization $1.90M USD Annual
Tenant security deposits IncreaseDecreaseInSecurityDeposits $-218.00K USD Annual
Tenant security deposits IncreaseDecreaseInSecurityDeposits $-535.00K USD Annual
Due from related party IncreaseDecreaseInDueFromRelatedPartiesCurrent $-273.00K USD Annual
Due from related party IncreaseDecreaseInDueFromRelatedPartiesCurrent $-31.00K USD Annual
Receivables IncreaseDecreaseInAccountsReceivable $-620.00K USD Annual
Receivables IncreaseDecreaseInAccountsReceivable $428.00K USD Annual
Prepaid expenses IncreaseDecreaseInPrepaidExpense $161.00K USD Annual
Prepaid expenses IncreaseDecreaseInPrepaidExpense $349.00K USD Annual
Other assets IncreaseDecreaseInOtherOperatingAssets $-577.00K USD Annual
Other assets IncreaseDecreaseInOtherOperatingAssets $-56.00K USD Annual
Due to related party IncreaseDecreaseInDueToRelatedPartiesCurrent $182.00K USD Annual
Due to related party IncreaseDecreaseInDueToRelatedPartiesCurrent $46.00K USD Annual
Tenant security deposits payable IncreaseDecreaseInSecurityDepositPayable $-229.00K USD Annual
Tenant security deposits payable IncreaseDecreaseInSecurityDepositPayable $-546.00K USD Annual
Accounts payable IncreaseDecreaseInAccountsPayable $104.00K USD Annual
Accounts payable IncreaseDecreaseInAccountsPayable $57.00K USD Annual
Accrued expenses IncreaseDecreaseInAccruedLiabilities $94.00K USD Annual
Accrued expenses IncreaseDecreaseInAccruedLiabilities $-160.00K USD Annual
NET CASH PROVIDED BY OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivities $20.09M USD Annual
NET CASH PROVIDED BY OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivities $23.87M USD Annual
Purchase of real estate investment properties PaymentsToAcquireAndDevelopRealEstate $13.10M USD Annual
Purchase of real estate investment properties PaymentsToAcquireAndDevelopRealEstate $22.24M USD Annual
Proceeds from sale of real estate investments ProceedsFromSaleOfRealEstateHeldforinvestment $23.33M USD Annual
Proceeds from sale of real estate investments ProceedsFromSaleOfRealEstateHeldforinvestment $933.00K USD Annual
Proceeds from involuntary conversion ProceedsFromInsuranceForInvoluntaryConversions $541.00K USD Annual
Investment in unconsolidated affiliates PaymentsToAcquireRealEstateAndRealEstateJointVentures $1.23M USD Annual
Investment in unconsolidated affiliates PaymentsToAcquireRealEstateAndRealEstateJointVentures $81.00K USD Annual
Distributions received from unconsolidated affiliates EquityMethodInvestmentDividendsOrDistributions $1.11M USD Annual
Distributions received from unconsolidated affiliates EquityMethodInvestmentDividendsOrDistributions $1.00M USD Annual
Real estate tax, insurance and replacement reserve escrows RealEstateTaxAndInsuranceEscrows $1.58M USD Annual
Real estate tax, insurance and replacement reserve escrows RealEstateTaxAndInsuranceEscrows $120.00K USD Annual
Notes receivable payments received ProceedsFromCollectionOfNotesReceivable $4.00K USD Annual
Notes receivable payments received ProceedsFromCollectionOfNotesReceivable $1.80M USD Annual
Deferred insurance proceeds DeferredRevenueRevenueRecognized $-105.00K USD Annual
Deferred insurance proceeds DeferredRevenueRevenueRecognized $56.00K USD Annual
NET CASH USED IN INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities $-9.51M USD Annual
NET CASH USED IN INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities $-166.00K USD Annual
Payments for financing costs PaymentsOfFinancingCosts $751.00K USD Annual
Payments for financing costs PaymentsOfFinancingCosts $958.00K USD Annual
Payments on investment certificates PaymentsOnInvestmentCertificates $1.05M USD Annual
Payments on investment certificates PaymentsOnInvestmentCertificates $27.00K USD Annual
Principal payments on special assessments payable PrincipalPaymentsOnSpecialAssessmentsPayable $1.17M USD Annual
Principal payments on special assessments payable PrincipalPaymentsOnSpecialAssessmentsPayable $161.00K USD Annual
Proceeds from issuance of mortgage notes payable ProceedsFromIssuanceOfLongTermDebt $40.25M USD Annual
Proceeds from issuance of mortgage notes payable ProceedsFromIssuanceOfLongTermDebt $11.00M USD Annual
Principal payments on mortgage notes payable RepaymentsOfLongTermDebt $36.46M USD Annual
Principal payments on mortgage notes payable RepaymentsOfLongTermDebt $16.06M USD Annual
Net change in short-term notes payable ProceedsFromRepaymentsOfNotesPayable $-8.00M USD Annual
Proceeds from issuance of shares ProceedsFromIssuanceOfCommonStock $21.77M USD Annual
Proceeds from issuance of shares under optional purchase plan ProceedsFromIssuanceOfSharesUnderOptionalPurchasePlan $1.33M USD Annual
Repurchase of shares/units PaymentsForRepurchaseOfCommonStock $4.30M USD Annual
Repurchase of shares/units PaymentsForRepurchaseOfCommonStock $5.26M USD Annual
Dividends/distributions paid PaymentsOfDividendsCommonStock $10.27M USD Annual
Dividends/distributions paid PaymentsOfDividendsCommonStock $11.97M USD Annual
Payment of syndication costs PaymentOfSyndicationCosts $83.00K USD Annual
Payment of syndication costs PaymentOfSyndicationCosts $1.46M USD Annual
NET CASH USED IN FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $-14.41M USD Annual
NET CASH USED IN FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $-9.22M USD Annual
NET CHANGE IN CASH AND CASH EQUIVALENTS CashAndCashEquivalentsPeriodIncreaseDecrease $9.29M USD Annual
NET CHANGE IN CASH AND CASH EQUIVALENTS CashAndCashEquivalentsPeriodIncreaseDecrease $1.36M USD Annual
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD CashAndCashEquivalentsAtCarryingValue $13.85M 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 $4.56M USD Point-in-time
CASH AND CASH EQUIVALENTS AT END OF PERIOD CashAndCashEquivalentsAtCarryingValue $13.85M 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 $4.56M USD Point-in-time
Cash paid during the period for interest, net of capitalized interest InterestPaid $11.88M USD Annual
Cash paid during the period for interest, net of capitalized interest InterestPaid $11.56M USD Annual
Dividends reinvested StockIssuedDuringPeriodValueDividendReinvestmentPlan $2.41M USD Annual
Dividends reinvested StockIssuedDuringPeriodValueDividendReinvestmentPlan $2.75M USD Annual
Dividends declared and not paid DistributionsDeclaredAndNotPaid $1.10M USD Annual
Dividends declared and not paid DistributionsDeclaredAndNotPaid $1.15M USD Annual
UPREIT distributions declared and not paid SubsidiaryDistributionsDeclaredAndNotPaid $2.85M USD Annual
UPREIT distributions declared and not paid SubsidiaryDistributionsDeclaredAndNotPaid $2.30M USD Annual
UPREIT units converted to REIT common shares SubsidiaryUnitsConvertedToParentCommonSharesSupplementaryScheduleOfNoncashInvestingAndFinancingActivities $2.12M USD Annual
UPREIT units converted to REIT common shares SubsidiaryUnitsConvertedToParentCommonSharesSupplementaryScheduleOfNoncashInvestingAndFinancingActivities $366.00K USD Annual
Acquisition of assets in exchange for the issuance of noncontrolling interest shares in UPREIT AcquisitionOfAssetsInExchangeForIssuanceOfNoncontrollingInterestShares $33.98M USD Annual
Acquisition of assets in exchange for the issuance of noncontrolling interest shares in UPREIT AcquisitionOfAssetsInExchangeForIssuanceOfNoncontrollingInterestShares $5.55M USD Annual
Acquisition of investment in unconsolidated affiliate in exchange for the issuance of noncontrolling interest shares in UPREIT AcquisitionOfInvestmentInUnconsolidatedAffiliateInExchangeForIssuanceOfNoncontrollingInterest $2.16M USD Annual
Increase in land improvements due to increase in special assessments payable IncreaseInLandImprovementsDueToIncreaseInSpecialAssessmentsPayable $328.00K USD Annual
Increase in land improvements due to increase in special assessments payable IncreaseInLandImprovementsDueToIncreaseInSpecialAssessmentsPayable $313.00K USD Annual
Unrealized (gain) loss on interest rate swap OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $-40.00K USD Annual
Unrealized (gain) loss on interest rate swap OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $183.00K USD Annual
Acquisition of assets through assumption of debt and property purchased with financing AcquisitionOfAssetsThroughAssumptionOfDebtAndPropertyPurchasedWithFinancing $26.25M USD Annual
Acquisition of assets through assumption of debt and property purchased with financing AcquisitionOfAssetsThroughAssumptionOfDebtAndPropertyPurchasedWithFinancing $7.57M USD Annual
Acquisition of assets with accounts payable NoncashOrPartNoncashAcquisitionPayablesAssumed1 $365.00K USD Annual
Stockholders Equity 27 line items
Line Item Tag Value Unit Period
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $197.21M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $163.19M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $144.22M USD Point-in-time
Beginning Balance, shares CommonStockSharesOutstanding 5.50M shares Point-in-time
Beginning Balance, shares CommonStockSharesOutstanding 5.30M shares Point-in-time
Issuance of common shares StockIssuedDuringPeriodValueNewIssues $21.77M USD Annual
Contribution of assets in exchange for the issuance of noncontrolling interest shares NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest $36.13M USD Annual
Contribution of assets in exchange for the issuance of noncontrolling interest shares NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest $5.55M USD Annual
Repurchase of shares/units StockRepurchasedDuringPeriodValue $5.26M USD Annual
Repurchase of shares/units StockRepurchasedDuringPeriodValue $4.30M USD Annual
Dividends declared DividendsCommonStockCash $15.17M USD Annual
Dividends declared DividendsCommonStockCash $13.13M USD Annual
Dividends reinvested-stock dividend StockIssuedDuringPeriodValueDividendReinvestmentPlan $2.41M USD Annual
Dividends reinvested-stock dividend StockIssuedDuringPeriodValueDividendReinvestmentPlan $2.75M USD Annual
Issuance of shares under optional purchase plan StockIssuedDuringPeriodValueStockPurchasePlan $1.33M USD Annual
Syndication costs SyndicationCosts $83.00K USD Annual
Syndication costs SyndicationCosts $1.46M USD Annual
Increase (Decrease) in fair value of interest rate swap OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $-40.00K USD Annual
Increase (Decrease) in fair value of interest rate swap OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $183.00K USD Annual
Distributions paid to consolidated real estate entity noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $146.00K USD Annual
Net income ProfitLoss $9.13M USD Annual
Net income ProfitLoss $13.32M USD Annual
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $197.21M USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $163.19M USD Point-in-time
Ending Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $144.22M USD Point-in-time
Ending Balance, shares CommonStockSharesOutstanding 5.50M shares Point-in-time
Ending Balance, shares CommonStockSharesOutstanding 5.30M shares Point-in-time

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

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