10-Q Filing

TERRENO REALTY CORP CIK: 1476150 Q3 2014

Filing Information

Form Type	10-Q
Accession Number	`0001193125-14-392386`
Period End Date	20140930
Filing Date	20141103
Fiscal Year	2014
Fiscal Period	Q3
XBRL Instance	trno-20140930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 81 Cash Flow Statement 77 Stockholders Equity 20

Balance Sheet 72 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
Land	`Land`	$348.99M	USD	Point-in-time
Land	`Land`	$301.80M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	1.84M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	1.84M	shares	Point-in-time
Buildings and improvements	`BuildingsAndImprovementsGross`	$382.50M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	1.84M	shares	Point-in-time
Buildings and improvements	`BuildingsAndImprovementsGross`	$317.94M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	1.84M	shares	Point-in-time
Intangible assets	`FiniteLivedIntangibleAssetsGross`	$36.47M	USD	Point-in-time
Intangible assets	`FiniteLivedIntangibleAssetsGross`	$32.09M	USD	Point-in-time
Preferred stock, preference liquidation	`PreferredStockLiquidationPreference`	$25.00	USD	Point-in-time
Preferred stock, preference liquidation	`PreferredStockLiquidationPreference`	$25.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total investments in properties	`RealEstateInvestmentPropertyAtCost`	$651.84M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total investments in properties	`RealEstateInvestmentPropertyAtCost`	$767.97M	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
Accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$27.10M	USD	Point-in-time
Accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$40.85M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	33.09M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	24.99M	shares	Point-in-time
Net investments in properties	`RealEstateInvestmentPropertyNet`	$727.11M	USD	Point-in-time
Net investments in properties	`RealEstateInvestmentPropertyNet`	$624.74M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$62.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$21.11M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.93M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	24.99M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.99M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	33.09M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$2.98M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$2.56M	USD	Point-in-time
Deferred financing costs, net	`DeferredFinanceCostsNet`	$2.43M	USD	Point-in-time
Deferred financing costs, net	`DeferredFinanceCostsNet`	$1.90M	USD	Point-in-time
Other assets, net	`OtherAssets`	$13.16M	USD	Point-in-time
Other assets, net	`OtherAssets`	$9.14M	USD	Point-in-time
Total assets	`Assets`	$766.79M	USD	Point-in-time
Total assets	`Assets`	$645.32M	USD	Point-in-time
Credit facility	`LineOfCredit`	$15.00M	USD	Point-in-time
Credit facility	`LineOfCredit`	$31.00M	USD	Point-in-time
Term loan payable	`LoansPayable`	$50.00M	USD	Point-in-time
Term loan payable	`LoansPayable`	$58.00M	USD	Point-in-time
Mortgage loans payable	`SecuredDebt`	$108.31M	USD	Point-in-time
Mortgage loans payable	`SecuredDebt`	$99.34M	USD	Point-in-time
Security deposits	`SecurityDepositLiability`	$3.73M	USD	Point-in-time
Security deposits	`SecurityDepositLiability`	$4.71M	USD	Point-in-time
Intangible liabilities, net	`BelowMarketLeaseNet`	$3.99M	USD	Point-in-time
Intangible liabilities, net	`BelowMarketLeaseNet`	$3.23M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$3.25M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$4.63M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableOtherCurrentAndNoncurrent`	$13.03M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableOtherCurrentAndNoncurrent`	$6.21M	USD	Point-in-time
Total liabilities	`Liabilities`	$197.93M	USD	Point-in-time
Total liabilities	`Liabilities`	$206.49M	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock: $0.01 par value, 100,000,000 shares authorized, and 1,840,000 and 1,840,000 shares (liquidation preference of $25.00 per share) issued and outstanding, respectively	`PreferredStockValue`	$46.00M	USD	Point-in-time
Preferred stock: $0.01 par value, 100,000,000 shares authorized, and 1,840,000 and 1,840,000 shares (liquidation preference of $25.00 per share) issued and outstanding, respectively	`PreferredStockValue`	$46.00M	USD	Point-in-time
Common stock: $0.01 par value, 400,000,000 shares authorized, and 33,094,789 and 24,990,120 shares issued and outstanding, respectively	`CommonStockValue`	$249.00K	USD	Point-in-time
Common stock: $0.01 par value, 400,000,000 shares authorized, and 33,094,789 and 24,990,120 shares issued and outstanding, respectively	`CommonStockValue`	$330.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$522.53M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$392.59M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	-	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	-	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$568.86M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$438.83M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$645.32M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$766.79M	USD	Point-in-time

Income Statement 81 line items

Line Item	Tag	Value	Unit	Period
Rental revenues	`OperatingLeasesIncomeStatementMinimumLeaseRevenue`	$25.45M	USD	3 Qtrs
Rental revenues	`OperatingLeasesIncomeStatementMinimumLeaseRevenue`	$39.27M	USD	3 Qtrs
Rental revenues	`OperatingLeasesIncomeStatementMinimumLeaseRevenue`	$9.19M	USD	1 Quarter
Rental revenues	`OperatingLeasesIncomeStatementMinimumLeaseRevenue`	$14.01M	USD	1 Quarter
Tenant expense reimbursements	`TenantReimbursements`	$6.92M	USD	3 Qtrs
Tenant expense reimbursements	`TenantReimbursements`	$3.70M	USD	1 Quarter
Tenant expense reimbursements	`TenantReimbursements`	$2.33M	USD	1 Quarter
Tenant expense reimbursements	`TenantReimbursements`	$10.86M	USD	3 Qtrs
Total revenues	`RealEstateRevenueNet`	$17.71M	USD	1 Quarter
Total revenues	`RealEstateRevenueNet`	$50.13M	USD	3 Qtrs
Total revenues	`RealEstateRevenueNet`	$32.36M	USD	3 Qtrs
Total revenues	`RealEstateRevenueNet`	$11.52M	USD	1 Quarter
Property operating expenses	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$9.14M	USD	3 Qtrs
Property operating expenses	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$3.29M	USD	1 Quarter
Property operating expenses	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$13.99M	USD	3 Qtrs
Property operating expenses	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$4.77M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$8.80M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$4.92M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$3.26M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$14.05M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$2.84M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.79M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$7.65M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$6.17M	USD	3 Qtrs
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	$1.77M	USD	3 Qtrs
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	$1.86M	USD	3 Qtrs
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	$791.00K	USD	1 Quarter
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	$279.00K	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$25.97M	USD	3 Qtrs
Total costs and expenses	`OperatingExpenses`	$9.13M	USD	1 Quarter
Total costs and expenses	`OperatingExpenses`	$37.46M	USD	3 Qtrs
Total costs and expenses	`OperatingExpenses`	$12.81M	USD	1 Quarter
Interest and other income	`InterestAndOtherIncome`	$3.00K	USD	1 Quarter
Interest and other income	`InterestAndOtherIncome`	$106.00K	USD	3 Qtrs
Interest and other income	`InterestAndOtherIncome`	$97.00K	USD	1 Quarter
Interest expense, including amortization	`InterestExpense`	$1.55M	USD	1 Quarter
Interest expense, including amortization	`InterestExpense`	$4.61M	USD	3 Qtrs
Interest expense, including amortization	`InterestExpense`	$1.47M	USD	1 Quarter
Interest expense, including amortization	`InterestExpense`	$4.72M	USD	3 Qtrs
Total other income and expenses	`NonoperatingIncomeExpense`	$-4.72M	USD	3 Qtrs
Total other income and expenses	`NonoperatingIncomeExpense`	$-1.45M	USD	1 Quarter
Total other income and expenses	`NonoperatingIncomeExpense`	$-1.47M	USD	1 Quarter
Total other income and expenses	`NonoperatingIncomeExpense`	$-4.50M	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperations`	$933.00K	USD	1 Quarter
Income from continuing operations	`IncomeLossFromContinuingOperations`	$7.94M	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperations`	$1.89M	USD	3 Qtrs
Income from continuing operations	`IncomeLossFromContinuingOperations`	$3.44M	USD	1 Quarter
Income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$1.05M	USD	3 Qtrs
Income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$392.00K	USD	1 Quarter
Net income	`ProfitLoss`	$1.32M	USD	1 Quarter
Net income	`ProfitLoss`	$7.94M	USD	3 Qtrs
Net income	`ProfitLoss`	$3.44M	USD	1 Quarter
Net income	`ProfitLoss`	$2.94M	USD	3 Qtrs
Preferred stock dividends	`PreferredStockDividendsAndOtherAdjustments`	$891.00K	USD	1 Quarter
Preferred stock dividends	`PreferredStockDividendsAndOtherAdjustments`	$2.67M	USD	3 Qtrs
Preferred stock dividends	`PreferredStockDividendsAndOtherAdjustments`	$2.67M	USD	3 Qtrs
Preferred stock dividends	`PreferredStockDividendsAndOtherAdjustments`	$891.00K	USD	1 Quarter
Net and comprehensive income, net of preferred stock dividends	`NetIncomeLoss`	$266.00K	USD	3 Qtrs
Net and comprehensive income, net of preferred stock dividends	`NetIncomeLoss`	$2.55M	USD	1 Quarter
Net and comprehensive income, net of preferred stock dividends	`NetIncomeLoss`	$5.27M	USD	3 Qtrs
Net and comprehensive income, net of preferred stock dividends	`NetIncomeLoss`	$434.00K	USD	1 Quarter
Allocation to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$25.00K	USD	3 Qtrs
Allocation to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$2.00K	USD	1 Quarter
Allocation to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$12.00K	USD	1 Quarter
Net and comprehensive income available to common stockholders, net of preferred stock dividends	`NetIncomeLossAvailableToCommonStockholdersBasic`	$2.54M	USD	1 Quarter
Net and comprehensive income available to common stockholders, net of preferred stock dividends	`NetIncomeLossAvailableToCommonStockholdersBasic`	$5.25M	USD	3 Qtrs
Net and comprehensive income available to common stockholders, net of preferred stock dividends	`NetIncomeLossAvailableToCommonStockholdersBasic`	$266.00K	USD	3 Qtrs
Net and comprehensive income available to common stockholders, net of preferred stock dividends	`NetIncomeLossAvailableToCommonStockholdersBasic`	$432.00K	USD	1 Quarter
Income (loss) from continuing operations available to common stockholders, net of preferred stock dividends	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$0.08	USD	1 Quarter
Income (loss) from continuing operations available to common stockholders, net of preferred stock dividends	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$0.18	USD	3 Qtrs
Income (loss) from continuing operations available to common stockholders, net of preferred stock dividends	`IncomeLossFromContinuingOperationsPerBasicAndDilutedShare`	$-0.04	USD	3 Qtrs
Income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	$0.02	USD	1 Quarter
Income from discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare`	$0.05	USD	3 Qtrs
Net income available to common stockholders, net of preferred stock dividends	`EarningsPerShareBasicAndDiluted`	$0.18	USD	3 Qtrs
Net income available to common stockholders, net of preferred stock dividends	`EarningsPerShareBasicAndDiluted`	$0.01	USD	3 Qtrs
Net income available to common stockholders, net of preferred stock dividends	`EarningsPerShareBasicAndDiluted`	$0.02	USD	1 Quarter
Net income available to common stockholders, net of preferred stock dividends	`EarningsPerShareBasicAndDiluted`	$0.08	USD	1 Quarter
BASIC AND DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	19.72M	shares	3 Qtrs
BASIC AND DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	28.77M	shares	3 Qtrs
BASIC AND DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	24.21M	shares	1 Quarter
BASIC AND DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	32.94M	shares	1 Quarter

Cash Flow Statement 77 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$1.32M	USD	1 Quarter
Net income	`ProfitLoss`	$7.94M	USD	3 Qtrs
Net income	`ProfitLoss`	$3.44M	USD	1 Quarter
Net income	`ProfitLoss`	$2.94M	USD	3 Qtrs
Straight-line rents	`StraightLineRent`	$2.42M	USD	3 Qtrs
Straight-line rents	`StraightLineRent`	$2.07M	USD	3 Qtrs
Amortization of lease intangibles	`AmortizationOfLeaseIntangibles`	$-782.00K	USD	3 Qtrs
Amortization of lease intangibles	`AmortizationOfLeaseIntangibles`	$-675.00K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$8.80M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$4.92M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$3.26M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$14.05M	USD	3 Qtrs
Depreciation related to discontinued operations	`DepreciationAndAmortizationDiscontinuedOperations`	$101.00K	USD	3 Qtrs
Deferred financing cost and mortgage premium amortization	`AmortizationOfFinancingCostsAndDiscounts`	$229.00K	USD	3 Qtrs
Deferred financing cost and mortgage premium amortization	`AmortizationOfFinancingCostsAndDiscounts`	$187.00K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$2.31M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.61M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.53M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.93M	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$3.33M	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$711.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$23.08M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$9.72M	USD	3 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCash`	$-48.00K	USD	3 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCash`	$150.00K	USD	3 Qtrs
Cash paid for property acquisitions	`PaymentsToAcquireBuildings`	$97.82M	USD	3 Qtrs
Cash paid for property acquisitions	`PaymentsToAcquireBuildings`	$110.09M	USD	3 Qtrs
Cash paid for deposits on property acquisitions	`PaymentsForDepositsOnRealEstateAcquisitions`	$400.00K	USD	3 Qtrs
Cash paid for deposits on property acquisitions	`PaymentsForDepositsOnRealEstateAcquisitions`	$450.00K	USD	3 Qtrs
Additions to buildings, improvements and leasing costs	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$6.30M	USD	3 Qtrs
Additions to buildings, improvements and leasing costs	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$12.58M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-116.94M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-110.80M	USD	3 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$191.47M	USD	3 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$136.81M	USD	3 Qtrs
Issuance costs on issuance of common stock	`IssuanceCostsOnIssuanceOfCommonStock`	$648.00K	USD	3 Qtrs
Issuance costs on issuance of common stock	`IssuanceCostsOnIssuanceOfCommonStock`	$352.00K	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$284.00K	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$160.00K	USD	3 Qtrs
Borrowings on credit facility	`ProceedsFromLinesOfCredit`	$31.50M	USD	3 Qtrs
Borrowings on credit facility	`ProceedsFromLinesOfCredit`	$84.00M	USD	3 Qtrs
Payments on credit facility	`RepaymentsOfLinesOfCredit`	$96.93M	USD	3 Qtrs
Payments on credit facility	`RepaymentsOfLinesOfCredit`	$100.00M	USD	3 Qtrs
Borrowings on term loans payable	`ProceedsFromIssuanceOfLongTermDebt`	$8.00M	USD	3 Qtrs
Borrowings on term loans payable	`ProceedsFromIssuanceOfLongTermDebt`	$50.00M	USD	3 Qtrs
Payments on mortgage loans payable	`RepaymentsOfSecuredDebt`	$11.51M	USD	3 Qtrs
Payments on mortgage loans payable	`RepaymentsOfSecuredDebt`	$2.12M	USD	3 Qtrs
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$721.00K	USD	3 Qtrs
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$1.01M	USD	3 Qtrs
Dividends paid to common stockholders	`PaymentsOfDividendsCommonStock`	$6.42M	USD	3 Qtrs
Dividends paid to common stockholders	`PaymentsOfDividendsCommonStock`	$11.14M	USD	3 Qtrs
Dividends paid to preferred stockholders	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$2.67M	USD	3 Qtrs
Dividends paid to preferred stockholders	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$2.67M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$101.85M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$163.30M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$56.07M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$14.13M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$62.00M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$21.11M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$5.93M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$6.99M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$62.00M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$21.11M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$5.93M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$6.99M	USD	Point-in-time
Cash paid for interest, net of capitalized interest	`InterestPaid`	$4.64M	USD	3 Qtrs
Cash paid for interest, net of capitalized interest	`InterestPaid`	$4.63M	USD	3 Qtrs
Accounts payable related to capital improvements	`AccountsPayableRelatedToCapitalImprovements`	$1.38M	USD	3 Qtrs
Accounts payable related to capital improvements	`AccountsPayableRelatedToCapitalImprovements`	$4.65M	USD	3 Qtrs
Acquisition of properties	`ReconciliationAcquisitionOfProperties`	$101.62M	USD	3 Qtrs
Acquisition of properties	`ReconciliationAcquisitionOfProperties`	$111.96M	USD	3 Qtrs
Assumption of mortgage loans payable	`AssumptionOfMortgageLoansPayable`	$2.76M	USD	3 Qtrs
Mortgage premiums	`BusinessAcquisitionPurchasePriceAllocationAssumptionOfMortgagePremiums`	$-43.00K	USD	3 Qtrs
Assumption of other assets and liabilities	`AssumptionsOfOtherAssetsAndLiabilities`	$990.00K	USD	3 Qtrs
Assumption of other assets and liabilities	`AssumptionsOfOtherAssetsAndLiabilities`	$1.87M	USD	3 Qtrs
Net cash paid for property acquisitions	`PaymentsToAcquireBuildings`	$97.82M	USD	3 Qtrs
Net cash paid for property acquisitions	`PaymentsToAcquireBuildings`	$110.09M	USD	3 Qtrs

Stockholders Equity 20 line items

Line Item	Tag	Value	Unit	Period
Issuance costs	`PaymentsOfStockIssuanceCosts`	$352.00K	USD	3 Qtrs
Beginning balance, Shares	`CommonStockSharesIssued`	33.09M	shares	Point-in-time
Beginning balance, Shares	`CommonStockSharesIssued`	24.99M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$568.86M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$438.83M	USD	Point-in-time
Net income	`ProfitLoss`	$1.32M	USD	1 Quarter
Net income	`ProfitLoss`	$7.94M	USD	3 Qtrs
Net income	`ProfitLoss`	$3.44M	USD	1 Quarter
Net income	`ProfitLoss`	$2.94M	USD	3 Qtrs
Issuance of common stock, net of issuance costs, Shares	`StockIssuedDuringPeriodSharesNewIssues`	8.05M	shares	Point-in-time
Issuance of common stock, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$136.50M	USD	Point-in-time
Issuance of common stock, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$136.46M	USD	3 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$284.00K	USD	3 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.10M	USD	3 Qtrs
Common stock dividends	`DividendsCommonStock`	$12.52M	USD	3 Qtrs
Preferred stock dividends	`DividendsPreferredStock`	$2.67M	USD	3 Qtrs
Ending balance, Shares	`CommonStockSharesIssued`	33.09M	shares	Point-in-time
Ending balance, Shares	`CommonStockSharesIssued`	24.99M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$568.86M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$438.83M	USD	Point-in-time

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