10-Q Filing

TERRENO REALTY CORP CIK: 1476150 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0001193125-16-658582`
Period End Date	20160630
Filing Date	20160727
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	trno-20160630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 75 Cash Flow Statement 73 Stockholders Equity 15 Comprehensive Income 12

Balance Sheet 80 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`	$491.22M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	1.84M	shares	Point-in-time
Land	`Land`	$514.49M	USD	Point-in-time
Buildings and improvements	`BuildingsAndImprovementsGross`	$608.41M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	1.84M	shares	Point-in-time
Buildings and improvements	`BuildingsAndImprovementsGross`	$632.40M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	1.84M	shares	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$34.86M	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
Construction in progress	`ConstructionInProgressGross`	$24.92M	USD	Point-in-time
Intangible assets	`FiniteLivedIntangibleAssetsGross`	$57.24M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Intangible assets	`FiniteLivedIntangibleAssetsGross`	$55.37M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Total investments in properties	`RealEstateInvestmentPropertyAtCost`	$1.24B	USD	Point-in-time
Total investments in properties	`RealEstateInvestmentPropertyAtCost`	$1.18B	USD	Point-in-time
Accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$92.39M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	46.05M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	43.31M	shares	Point-in-time
Accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$77.64M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	43.31M	shares	Point-in-time
Net investments in properties	`RealEstateInvestmentPropertyNet`	$1.15B	USD	Point-in-time
Net investments in properties	`RealEstateInvestmentPropertyNet`	$1.10B	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	46.05M	shares	Point-in-time
Properties held for sale, net	`RealEstateHeldforsale`	$3.85M	USD	Point-in-time
Properties held for sale, net	`RealEstateHeldforsale`	$4.98M	USD	Point-in-time
Net investments in real estate	`RealEstateInvestments`	$1.15B	USD	Point-in-time
Net investments in real estate	`RealEstateInvestments`	$1.11B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$26.69M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$22.45M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$190.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$22.20M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$2.22M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$2.66M	USD	Point-in-time
Other assets, net	`OtherAssets`	$32.78M	USD	Point-in-time
Other assets, net	`OtherAssets`	$19.77M	USD	Point-in-time
Total assets	`Assets`	$1.15B	USD	Point-in-time
Total assets	`Assets`	$1.21B	USD	Point-in-time
Credit facility	`LineOfCredit`	-	USD	Point-in-time
Credit facility	`LineOfCredit`	-	USD	Point-in-time
Term loans payable, net	`LoansPayable`	$199.07M	USD	Point-in-time
Term loans payable, net	`LoansPayable`	$198.94M	USD	Point-in-time
Senior unsecured notes, net	`SeniorNotes`	$99.02M	USD	Point-in-time
Senior unsecured notes, net	`SeniorNotes`	$98.96M	USD	Point-in-time
Mortgage loans payable, net	`SecuredDebt`	$83.51M	USD	Point-in-time
Mortgage loans payable, net	`SecuredDebt`	$77.50M	USD	Point-in-time
Security deposits	`SecurityDepositLiability`	$7.51M	USD	Point-in-time
Security deposits	`SecurityDepositLiability`	$8.24M	USD	Point-in-time
Intangible liabilities, net	`BelowMarketLeaseNet`	$4.03M	USD	Point-in-time
Intangible liabilities, net	`BelowMarketLeaseNet`	$3.85M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$7.80M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$8.29M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableOtherCurrentAndNoncurrent`	$21.75M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableOtherCurrentAndNoncurrent`	$18.42M	USD	Point-in-time
Total liabilities	`Liabilities`	$419.06M	USD	Point-in-time
Total liabilities	`Liabilities`	$417.84M	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 11)	`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 46,053,976 and 43,310,272 shares issued and outstanding, respectively	`CommonStockValue`	$430.00K	USD	Point-in-time
Common stock: $0.01 par value, 400,000,000 shares authorized, and 46,053,976 and 43,310,272 shares issued and outstanding, respectively	`CommonStockValue`	$461.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$687.45M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$744.45M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	-	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	-	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.11M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-796.00K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$733.08M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$789.80M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.15B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.21B	USD	Point-in-time

Income Statement 75 line items

Line Item	Tag	Value	Unit	Period
Rental revenues	`OperatingLeasesIncomeStatementMinimumLeaseRevenue`	$37.25M	USD	2 Qtrs
Rental revenues	`OperatingLeasesIncomeStatementMinimumLeaseRevenue`	$20.52M	USD	1 Quarter
Rental revenues	`OperatingLeasesIncomeStatementMinimumLeaseRevenue`	$19.44M	USD	1 Quarter
Rental revenues	`OperatingLeasesIncomeStatementMinimumLeaseRevenue`	$40.51M	USD	2 Qtrs
Tenant expense reimbursements	`TenantReimbursements`	$5.30M	USD	1 Quarter
Tenant expense reimbursements	`TenantReimbursements`	$10.96M	USD	2 Qtrs
Tenant expense reimbursements	`TenantReimbursements`	$4.79M	USD	1 Quarter
Tenant expense reimbursements	`TenantReimbursements`	$10.12M	USD	2 Qtrs
Total revenues	`RealEstateRevenueNet`	$51.47M	USD	2 Qtrs
Total revenues	`RealEstateRevenueNet`	$24.24M	USD	1 Quarter
Total revenues	`RealEstateRevenueNet`	$25.82M	USD	1 Quarter
Total revenues	`RealEstateRevenueNet`	$47.37M	USD	2 Qtrs
Property operating expenses	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$14.86M	USD	2 Qtrs
Property operating expenses	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$6.20M	USD	1 Quarter
Property operating expenses	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$13.33M	USD	2 Qtrs
Property operating expenses	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$7.10M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$16.34M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$8.23M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$8.08M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$15.86M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$3.09M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$4.30M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$6.92M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$7.74M	USD	2 Qtrs
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	$3.43M	USD	2 Qtrs
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	$484.00K	USD	1 Quarter
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	$214.00K	USD	1 Quarter
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	$1.44M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$17.73M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$39.54M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$40.38M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$19.96M	USD	1 Quarter
Interest and other income	`InterestAndOtherIncome`	$4.00K	USD	1 Quarter
Interest and other income	`InterestAndOtherIncome`	$11.00K	USD	2 Qtrs
Interest and other income	`InterestAndOtherIncome`	$6.00K	USD	1 Quarter
Interest and other income	`InterestAndOtherIncome`	$19.00K	USD	2 Qtrs
Interest expense, including amortization	`InterestExpense`	$2.16M	USD	1 Quarter
Interest expense, including amortization	`InterestExpense`	$3.08M	USD	1 Quarter
Interest expense, including amortization	`InterestExpense`	$6.15M	USD	2 Qtrs
Interest expense, including amortization	`InterestExpense`	$4.33M	USD	2 Qtrs
Gain on sales of real estate investments	`GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes`	$5.25M	USD	2 Qtrs
Gain on sales of real estate investments	`GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes`	$6.32M	USD	2 Qtrs
Gain on sales of real estate investments	`GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes`	$6.32M	USD	1 Quarter
Total other income and expenses	`NonoperatingIncomeExpense`	$-3.07M	USD	1 Quarter
Total other income and expenses	`NonoperatingIncomeExpense`	$2.00M	USD	2 Qtrs
Total other income and expenses	`NonoperatingIncomeExpense`	$-879.00K	USD	2 Qtrs
Total other income and expenses	`NonoperatingIncomeExpense`	$4.16M	USD	1 Quarter
Net income	`NetIncomeLoss`	$10.22M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$10.67M	USD	1 Quarter
Net income	`NetIncomeLoss`	$9.83M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$2.78M	USD	1 Quarter
Preferred stock dividends	`PreferredStockDividendsAndOtherAdjustments`	$891.00K	USD	1 Quarter
Preferred stock dividends	`PreferredStockDividendsAndOtherAdjustments`	$1.78M	USD	2 Qtrs
Preferred stock dividends	`PreferredStockDividendsAndOtherAdjustments`	$1.78M	USD	2 Qtrs
Preferred stock dividends	`PreferredStockDividendsAndOtherAdjustments`	$891.00K	USD	1 Quarter
Net income, net of preferred stock dividends	`NetIncomeLossAvailableToCommonStockholdersBasic`	$8.43M	USD	2 Qtrs
Net income, net of preferred stock dividends	`NetIncomeLossAvailableToCommonStockholdersBasic`	$9.78M	USD	1 Quarter
Net income, net of preferred stock dividends	`NetIncomeLossAvailableToCommonStockholdersBasic`	$8.04M	USD	2 Qtrs
Net income, net of preferred stock dividends	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.89M	USD	1 Quarter
Allocation to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$72.00K	USD	2 Qtrs
Allocation to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$15.00K	USD	1 Quarter
Allocation to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$22.00K	USD	2 Qtrs
Allocation to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$28.00K	USD	1 Quarter
Net income available to common stockholders, net of preferred stock dividends	`NetIncomeLossAfterUndistributedEarnings`	$8.02M	USD	2 Qtrs
Net income available to common stockholders, net of preferred stock dividends	`NetIncomeLossAfterUndistributedEarnings`	$1.88M	USD	1 Quarter
Net income available to common stockholders, net of preferred stock dividends	`NetIncomeLossAfterUndistributedEarnings`	$9.75M	USD	1 Quarter
Net income available to common stockholders, net of preferred stock dividends	`NetIncomeLossAfterUndistributedEarnings`	$8.36M	USD	2 Qtrs
Net income available to common stockholders, net of preferred stock dividends	`EarningsPerShareBasicAndDiluted`	$0.23	USD	1 Quarter
Net income available to common stockholders, net of preferred stock dividends	`EarningsPerShareBasicAndDiluted`	$0.04	USD	1 Quarter
Net income available to common stockholders, net of preferred stock dividends	`EarningsPerShareBasicAndDiluted`	$0.19	USD	2 Qtrs
Net 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`	42.90M	shares	1 Quarter
BASIC AND DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	43.42M	shares	2 Qtrs
BASIC AND DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	43.84M	shares	1 Quarter
BASIC AND DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	42.82M	shares	2 Qtrs

Cash Flow Statement 73 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$10.22M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$10.67M	USD	1 Quarter
Net income	`NetIncomeLoss`	$9.83M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$2.78M	USD	1 Quarter
Straight line rents	`StraightLineRent`	$2.54M	USD	2 Qtrs
Straight line rents	`StraightLineRent`	$2.18M	USD	2 Qtrs
Amortization of lease intangibles	`AmortizationOfLeaseIntangibles`	$-1.22M	USD	2 Qtrs
Amortization of lease intangibles	`AmortizationOfLeaseIntangibles`	$-674.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$16.34M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$8.23M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$8.08M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$15.86M	USD	2 Qtrs
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	$6.32M	USD	2 Qtrs
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	$5.25M	USD	2 Qtrs
Deferred financing cost and mortgage premium amortization	`AmortizationOfFinancingCostsAndDiscounts`	$157.00K	USD	2 Qtrs
Deferred financing cost and mortgage premium amortization	`AmortizationOfFinancingCostsAndDiscounts`	$304.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$2.93M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$2.68M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.39M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$2.07M	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.79M	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.03M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$21.06M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$18.44M	USD	2 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCash`	$-1.61M	USD	2 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCash`	$-442.00K	USD	2 Qtrs
Cash paid for property acquisitions	`PaymentsToAcquireBuildings`	$47.67M	USD	2 Qtrs
Cash paid for property acquisitions	`PaymentsToAcquireBuildings`	$165.38M	USD	2 Qtrs
Proceeds from sales of real estate investments, net	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$15.91M	USD	2 Qtrs
Proceeds from sales of real estate investments, net	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$13.01M	USD	2 Qtrs
Additions to construction in progress	`PaymentsForConstructionInProcess`	$6.80M	USD	2 Qtrs
Additions to buildings, improvements and leasing costs	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$7.91M	USD	2 Qtrs
Additions to buildings, improvements and leasing costs	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$11.10M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-158.67M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-49.22M	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$53.79M	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$3.12M	USD	2 Qtrs
Issuance costs on issuance of common stock	`IssuanceCostsOnIssuanceOfCommonStock`	$46.00K	USD	2 Qtrs
Issuance costs on issuance of common stock	`IssuanceCostsOnIssuanceOfCommonStock`	$805.00K	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$505.00K	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$1.55M	USD	2 Qtrs
Borrowings on credit facility	`ProceedsFromLinesOfCredit`	$34.00M	USD	2 Qtrs
Payments on credit facility	`RepaymentsOfLinesOfCredit`	$34.00M	USD	2 Qtrs
Payments on mortgage loans payable	`RepaymentsOfSecuredDebt`	$10.53M	USD	2 Qtrs
Payments on mortgage loans payable	`RepaymentsOfSecuredDebt`	$5.96M	USD	2 Qtrs
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$179.00K	USD	2 Qtrs
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$211.00K	USD	2 Qtrs
Dividends paid to common stockholders	`PaymentsOfDividendsCommonStock`	$15.61M	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 provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$27.91M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-23.68M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-163.91M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-254.00K	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$26.69M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$22.45M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$190.60M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$22.20M	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`	$22.45M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$190.60M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$22.20M	USD	Point-in-time
Cash paid for interest, net of capitalized interest	`InterestPaid`	$4.27M	USD	2 Qtrs
Cash paid for interest, net of capitalized interest	`InterestPaid`	$6.24M	USD	2 Qtrs
Accounts payable related to capital improvements	`CapitalExpendituresIncurredButNotYetPaid`	$2.81M	USD	2 Qtrs
Accounts payable related to capital improvements	`CapitalExpendituresIncurredButNotYetPaid`	$8.62M	USD	2 Qtrs
Acquisition of properties	`ReconciliationAcquisitionOfProperties`	$168.59M	USD	2 Qtrs
Acquisition of properties	`ReconciliationAcquisitionOfProperties`	$49.28M	USD	2 Qtrs
Assumptions of other assets and liabilities	`AssumptionsOfOtherAssetsAndLiabilities`	$3.22M	USD	2 Qtrs
Assumptions of other assets and liabilities	`AssumptionsOfOtherAssetsAndLiabilities`	$1.60M	USD	2 Qtrs
Net cash paid for property acquisitions	`PaymentsToAcquireBuildings`	$47.67M	USD	2 Qtrs
Net cash paid for property acquisitions	`PaymentsToAcquireBuildings`	$165.38M	USD	2 Qtrs

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Issuance costs	`PaymentsOfStockIssuanceCosts`	$1.76M	USD	2 Qtrs
Beginning balance	`StockholdersEquity`	$733.08M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$789.80M	USD	Point-in-time
Net income	`NetIncomeLoss`	$10.22M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$10.67M	USD	1 Quarter
Net income	`NetIncomeLoss`	$9.83M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$2.78M	USD	1 Quarter
Issuance of common stock, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$64.93M	USD	2 Qtrs
Repurchase of common stock	`StockRepurchasedDuringPeriodValue`	$1.55M	USD	2 Qtrs
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.33M	USD	2 Qtrs
Common stock dividends	`DividendsCommonStock`	$16.10M	USD	2 Qtrs
Preferred stock dividends	`DividendsPreferredStock`	$1.78M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-314.00K	USD	2 Qtrs
Ending balance	`StockholdersEquity`	$733.08M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$789.80M	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$10.22M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$10.67M	USD	1 Quarter
Net income	`NetIncomeLoss`	$9.83M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$2.78M	USD	1 Quarter
Other comprehensive loss: cash flow hedge adjustment	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-19.00K	USD	1 Quarter
Other comprehensive loss: cash flow hedge adjustment	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-314.00K	USD	2 Qtrs
Other comprehensive loss: cash flow hedge adjustment	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-113.00K	USD	1 Quarter
Other comprehensive loss: cash flow hedge adjustment	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-166.00K	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$9.66M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$9.90M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$2.67M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$10.65M	USD	1 Quarter

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