10-Q Filing

TERRENO REALTY CORP CIK: 1476150 Q2 2015

Filing Information

Form Type	10-Q
Accession Number	`0001193125-15-278669`
Period End Date	20150630
Filing Date	20150805
Fiscal Year	2015
Fiscal Period	Q2
XBRL Instance	trno-20150630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 74 Cash Flow Statement 75 Stockholders Equity 19 Comprehensive Income 10

Balance Sheet 78 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`	1.84M	shares	Point-in-time
Land	`Land`	$388.01M	USD	Point-in-time
Land	`Land`	$470.93M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	1.84M	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	1.84M	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	1.84M	shares	Point-in-time
Buildings and improvements	`BuildingsAndImprovementsGross`	$470.35M	USD	Point-in-time
Buildings and improvements	`BuildingsAndImprovementsGross`	$544.18M	USD	Point-in-time
Preferred stock, liquidation preference	`PreferredStockLiquidationPreference`	$25.00	USD	Point-in-time
Intangible assets	`FiniteLivedIntangibleAssetsGross`	$42.92M	USD	Point-in-time
Intangible assets	`FiniteLivedIntangibleAssetsGross`	$54.32M	USD	Point-in-time
Preferred stock, liquidation preference	`PreferredStockLiquidationPreference`	$25.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total investments in properties	`RealEstateInvestmentPropertyAtCost`	$1.07B	USD	Point-in-time
Total investments in properties	`RealEstateInvestmentPropertyAtCost`	$901.27M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$45.45M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$59.51M	USD	Point-in-time
Net investments in properties	`RealEstateInvestmentPropertyNet`	$1.01B	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	42.87M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	43.03M	shares	Point-in-time
Net investments in properties	`RealEstateInvestmentPropertyNet`	$855.83M	USD	Point-in-time
Properties held for sale, net	`RealEstateHeldforsale`	$6.32M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	43.03M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	42.87M	shares	Point-in-time
Properties held for sale, net	`RealEstateHeldforsale`	$6.32M	USD	Point-in-time
Net investments in real estate	`RealEstateInvestments`	$862.14M	USD	Point-in-time
Net investments in real estate	`RealEstateInvestments`	$1.02B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.99M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$29.63M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$26.69M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$190.60M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$5.36M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$6.96M	USD	Point-in-time
Deferred financing costs, net	`DeferredFinanceCostsNet`	$2.99M	USD	Point-in-time
Deferred financing costs, net	`DeferredFinanceCostsNet`	$2.66M	USD	Point-in-time
Other assets, net	`OtherAssets`	$17.46M	USD	Point-in-time
Other assets, net	`OtherAssets`	$14.07M	USD	Point-in-time
Total assets	`Assets`	$1.08B	USD	Point-in-time
Total assets	`Assets`	$1.07B	USD	Point-in-time
Credit facility	`LineOfCredit`	-	USD	Point-in-time
Credit facility	`LineOfCredit`	-	USD	Point-in-time
Term loan payable	`LoansPayable`	$200.00M	USD	Point-in-time
Term loan payable	`LoansPayable`	$200.00M	USD	Point-in-time
Mortgage loans payable	`SecuredDebt`	$93.74M	USD	Point-in-time
Mortgage loans payable	`SecuredDebt`	$104.50M	USD	Point-in-time
Security deposits	`SecurityDepositLiability`	$5.32M	USD	Point-in-time
Security deposits	`SecurityDepositLiability`	$6.86M	USD	Point-in-time
Intangible liabilities, net	`BelowMarketLeaseNet`	$3.56M	USD	Point-in-time
Intangible liabilities, net	`BelowMarketLeaseNet`	$4.52M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$6.88M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$6.86M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableOtherCurrentAndNoncurrent`	$11.96M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableOtherCurrentAndNoncurrent`	$9.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$329.73M	USD	Point-in-time
Total liabilities	`Liabilities`	$323.96M	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 43,028,129 and 42,869,463 shares issued and outstanding, respectively	`CommonStockValue`	$430.00K	USD	Point-in-time
Common stock: $0.01 par value, 400,000,000 shares authorized, and 43,028,129 and 42,869,463 shares issued and outstanding, respectively	`CommonStockValue`	$428.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$698.33M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$700.75M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	-	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	-	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-313.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-147.00K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$747.04M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$744.45M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.08B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.07B	USD	Point-in-time

Income Statement 74 line items

Line Item	Tag	Value	Unit	Period
Rental revenues	`OperatingLeasesIncomeStatementMinimumLeaseRevenue`	$37.25M	USD	2 Qtrs
Rental revenues	`OperatingLeasesIncomeStatementMinimumLeaseRevenue`	$25.25M	USD	2 Qtrs
Rental revenues	`OperatingLeasesIncomeStatementMinimumLeaseRevenue`	$19.44M	USD	1 Quarter
Rental revenues	`OperatingLeasesIncomeStatementMinimumLeaseRevenue`	$13.18M	USD	1 Quarter
Tenant expense reimbursements	`TenantReimbursements`	$3.43M	USD	1 Quarter
Tenant expense reimbursements	`TenantReimbursements`	$7.16M	USD	2 Qtrs
Tenant expense reimbursements	`TenantReimbursements`	$10.12M	USD	2 Qtrs
Tenant expense reimbursements	`TenantReimbursements`	$4.79M	USD	1 Quarter
Total revenues	`RealEstateRevenueNet`	$24.24M	USD	1 Quarter
Total revenues	`RealEstateRevenueNet`	$47.37M	USD	2 Qtrs
Total revenues	`RealEstateRevenueNet`	$32.41M	USD	2 Qtrs
Total revenues	`RealEstateRevenueNet`	$16.61M	USD	1 Quarter
Property operating expenses	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$4.39M	USD	1 Quarter
Property operating expenses	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$6.20M	USD	1 Quarter
Property operating expenses	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$13.33M	USD	2 Qtrs
Property operating expenses	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$9.22M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$8.23M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$4.76M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$15.86M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$9.13M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$6.92M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$4.82M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$2.46M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.09M	USD	1 Quarter
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	$611.00K	USD	1 Quarter
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	$3.43M	USD	2 Qtrs
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	$214.00K	USD	1 Quarter
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	$1.49M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$39.54M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$17.73M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$24.66M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$12.23M	USD	1 Quarter
Interest and other income (expense)	`InterestAndOtherIncomeExpense`	$2.00K	USD	1 Quarter
Interest and other income (expense)	`InterestAndOtherIncomeExpense`	$11.00K	USD	2 Qtrs
Interest and other income (expense)	`InterestAndOtherIncomeExpense`	$-3.00K	USD	2 Qtrs
Interest and other income (expense)	`InterestAndOtherIncomeExpense`	$4.00K	USD	1 Quarter
Interest expense, including amortization	`InterestExpense`	$4.33M	USD	2 Qtrs
Interest expense, including amortization	`InterestExpense`	$3.25M	USD	2 Qtrs
Interest expense, including amortization	`InterestExpense`	$1.66M	USD	1 Quarter
Interest expense, including amortization	`InterestExpense`	$2.16M	USD	1 Quarter
Gain on sales of real estate investments	`GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes`	$6.32M	USD	1 Quarter
Gain on sales of real estate investments	`GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes`	$6.32M	USD	2 Qtrs
Total other income and expenses	`NonoperatingIncomeExpense`	$-3.25M	USD	2 Qtrs
Total other income and expenses	`NonoperatingIncomeExpense`	$2.00M	USD	2 Qtrs
Total other income and expenses	`NonoperatingIncomeExpense`	$4.16M	USD	1 Quarter
Total other income and expenses	`NonoperatingIncomeExpense`	$-1.66M	USD	1 Quarter
Net income	`ProfitLoss`	$10.67M	USD	1 Quarter
Net income	`ProfitLoss`	$9.83M	USD	2 Qtrs
Net income	`ProfitLoss`	$2.72M	USD	1 Quarter
Net income	`ProfitLoss`	$4.51M	USD	2 Qtrs
Preferred stock dividends	`PreferredStockDividendsAndOtherAdjustments`	$1.78M	USD	2 Qtrs
Preferred stock dividends	`PreferredStockDividendsAndOtherAdjustments`	$891.00K	USD	1 Quarter
Preferred stock dividends	`PreferredStockDividendsAndOtherAdjustments`	$891.00K	USD	1 Quarter
Preferred stock dividends	`PreferredStockDividendsAndOtherAdjustments`	$1.78M	USD	2 Qtrs
Net income, net of preferred stock dividends	`NetIncomeLoss`	$9.78M	USD	1 Quarter
Net income, net of preferred stock dividends	`NetIncomeLoss`	$8.04M	USD	2 Qtrs
Net income, net of preferred stock dividends	`NetIncomeLoss`	$1.83M	USD	1 Quarter
Net income, net of preferred stock dividends	`NetIncomeLoss`	$2.72M	USD	2 Qtrs
Allocation to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$7.00K	USD	1 Quarter
Allocation to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$22.00K	USD	2 Qtrs
Allocation to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$12.00K	USD	2 Qtrs
Allocation to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$28.00K	USD	1 Quarter
Net income available to common stockholders, net of preferred stock dividends	`NetIncomeLossAvailableToCommonStockholdersBasic`	$2.71M	USD	2 Qtrs
Net income available to common stockholders, net of preferred stock dividends	`NetIncomeLossAvailableToCommonStockholdersBasic`	$9.75M	USD	1 Quarter
Net income available to common stockholders, net of preferred stock dividends	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.82M	USD	1 Quarter
Net income available to common stockholders, net of preferred stock dividends	`NetIncomeLossAvailableToCommonStockholdersBasic`	$8.02M	USD	2 Qtrs
Net (loss) income available to common stockholders, net of preferred stock dividends	`EarningsPerShareBasicAndDiluted`	$0.06	USD	1 Quarter
Net (loss) income available to common stockholders, net of preferred stock dividends	`EarningsPerShareBasicAndDiluted`	$0.23	USD	1 Quarter
Net (loss) income available to common stockholders, net of preferred stock dividends	`EarningsPerShareBasicAndDiluted`	$0.10	USD	2 Qtrs
Net (loss) income available to common stockholders, net of preferred stock dividends	`EarningsPerShareBasicAndDiluted`	$0.19	USD	2 Qtrs
BASIC AND DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	26.64M	shares	2 Qtrs
BASIC AND DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	42.90M	shares	1 Quarter
BASIC AND DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	28.42M	shares	1 Quarter
BASIC AND DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	42.82M	shares	2 Qtrs

Cash Flow Statement 75 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$10.67M	USD	1 Quarter
Net income	`ProfitLoss`	$9.83M	USD	2 Qtrs
Net income	`ProfitLoss`	$2.72M	USD	1 Quarter
Net income	`ProfitLoss`	$4.51M	USD	2 Qtrs
Straight-line rents	`StraightLineRent`	$2.18M	USD	2 Qtrs
Straight-line rents	`StraightLineRent`	$1.17M	USD	2 Qtrs
Amortization of lease intangibles	`AmortizationOfLeaseIntangibles`	$-1.22M	USD	2 Qtrs
Amortization of lease intangibles	`AmortizationOfLeaseIntangibles`	$-489.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$8.23M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$4.76M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$15.86M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$9.13M	USD	2 Qtrs
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	$6.32M	USD	2 Qtrs
Deferred financing cost and mortgage premium amortization	`AmortizationOfFinancingCostsAndDiscounts`	$157.00K	USD	2 Qtrs
Deferred financing cost and mortgage premium amortization	`AmortizationOfFinancingCostsAndDiscounts`	$132.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$2.68M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.35M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.39M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$2.06M	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.03M	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$993.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$12.39M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$18.44M	USD	2 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCash`	$-2.81M	USD	2 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCash`	$-148.00K	USD	2 Qtrs
Cash paid for property acquisitions	`PaymentsToAcquireBuildings`	$165.38M	USD	2 Qtrs
Cash paid for property acquisitions	`PaymentsToAcquireBuildings`	$77.10M	USD	2 Qtrs
Cash paid for deposits on property acquisitions	`PaymentsForDepositsOnRealEstateAcquisitions`	$600.00K	USD	2 Qtrs
Cash paid for deposits on property acquisitions	`PaymentsForDepositsOnRealEstateAcquisitions`	$1.20M	USD	2 Qtrs
Proceeds from sales of real estate investments	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$13.01M	USD	2 Qtrs
Additions to buildings, improvements and leasing costs	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$7.91M	USD	2 Qtrs
Additions to buildings, improvements and leasing costs	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$5.47M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-158.67M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-83.02M	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$136.81M	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$3.12M	USD	2 Qtrs
Issuance costs on issuance of common stock	`IssuanceCostsOnIssuanceOfCommonStock`	$163.00K	USD	2 Qtrs
Issuance costs on issuance of common stock	`IssuanceCostsOnIssuanceOfCommonStock`	$46.00K	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$505.00K	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$284.00K	USD	2 Qtrs
Borrowings on credit facility	`ProceedsFromLinesOfCredit`	$69.00M	USD	2 Qtrs
Payments on credit facility	`RepaymentsOfLinesOfCredit`	$100.00M	USD	2 Qtrs
Borrowings on term loans payable	`ProceedsFromIssuanceOfLongTermDebt`	$8.00M	USD	2 Qtrs
Payments on mortgage loans payable	`RepaymentsOfSecuredDebt`	$10.81M	USD	2 Qtrs
Payments on mortgage loans payable	`RepaymentsOfSecuredDebt`	$10.53M	USD	2 Qtrs
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$1.00M	USD	2 Qtrs
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$211.00K	USD	2 Qtrs
Dividends paid to common stockholders	`PaymentsOfDividendsCommonStock`	$6.50M	USD	2 Qtrs
Dividends paid to common stockholders	`PaymentsOfDividendsCommonStock`	$13.73M	USD	2 Qtrs
Dividends paid to preferred stockholders	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$1.78M	USD	2 Qtrs
Dividends paid to preferred stockholders	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$1.78M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$93.27M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-23.68M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$22.64M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-163.91M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$6.99M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$29.63M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$26.69M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$190.60M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$6.99M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$29.63M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$26.69M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$190.60M	USD	Point-in-time
Cash paid for interest, net of capitalized interest	`InterestPaid`	$3.26M	USD	2 Qtrs
Cash paid for interest, net of capitalized interest	`InterestPaid`	$4.27M	USD	2 Qtrs
Accounts payable related to capital improvements	`AccountsPayableRelatedToCapitalImprovements`	$4.30M	USD	2 Qtrs
Accounts payable related to capital improvements	`AccountsPayableRelatedToCapitalImprovements`	$2.81M	USD	2 Qtrs
Acquisition of properties	`ReconciliationAcquisitionOfProperties`	$168.59M	USD	2 Qtrs
Acquisition of properties	`ReconciliationAcquisitionOfProperties`	$80.74M	USD	2 Qtrs
Assumption of mortgage loans payable	`AssumptionOfMortgageLoansPayable`	$2.76M	USD	2 Qtrs
Mortgage premiums	`BusinessAcquisitionPurchasePriceAllocationAssumptionOfMortgagePremiums`	$-43.00K	USD	2 Qtrs
Assumption of other assets and liabilities	`AssumptionsOfOtherAssetsAndLiabilities`	$833.00K	USD	2 Qtrs
Assumption of other assets and liabilities	`AssumptionsOfOtherAssetsAndLiabilities`	$3.22M	USD	2 Qtrs
Net cash paid for property acquisitions	`PaymentsToAcquireBuildings`	$165.38M	USD	2 Qtrs
Net cash paid for property acquisitions	`PaymentsToAcquireBuildings`	$77.10M	USD	2 Qtrs

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Issuance costs	`PaymentsOfStockIssuanceCosts`	$69.00K	USD	2 Qtrs
Beginning balance, Shares	`CommonStockSharesIssued`	42.87M	shares	Point-in-time
Beginning balance, Shares	`CommonStockSharesIssued`	43.03M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$747.04M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$744.45M	USD	Point-in-time
Net income	`ProfitLoss`	$10.67M	USD	1 Quarter
Net income	`ProfitLoss`	$9.83M	USD	2 Qtrs
Net income	`ProfitLoss`	$2.72M	USD	1 Quarter
Net income	`ProfitLoss`	$4.51M	USD	2 Qtrs
Issuance of common stock, net of issuance costs of $69	`StockIssuedDuringPeriodValueNewIssues`	$3.05M	USD	2 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$505.00K	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$743.00K	USD	2 Qtrs
Common stock dividends	`DividendsCommonStock`	$13.76M	USD	2 Qtrs
Preferred stock dividends	`DividendsPreferredStock`	$1.78M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-166.00K	USD	2 Qtrs
Ending balance, Shares	`CommonStockSharesIssued`	42.87M	shares	Point-in-time
Ending balance, Shares	`CommonStockSharesIssued`	43.03M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$747.04M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$744.45M	USD	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$10.67M	USD	1 Quarter
Net income	`ProfitLoss`	$9.83M	USD	2 Qtrs
Net income	`ProfitLoss`	$2.72M	USD	1 Quarter
Net income	`ProfitLoss`	$4.51M	USD	2 Qtrs
Other comprehensive loss: cash flow hedge adjustment	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-166.00K	USD	2 Qtrs
Other comprehensive loss: cash flow hedge adjustment	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-19.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$2.72M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$10.65M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$9.66M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$4.51M	USD	2 Qtrs

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