10-Q Filing

CORENERGY INFRASTRUCTURE TRUST, INC. CIK: 1347652 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001347652-18-000058`
Period End Date	20180630
Filing Date	20180802
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	corr-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 136 Cash Flow Statement 82 Stockholders Equity 17

Balance Sheet 70 line items

Line Item	Tag	Value	Unit	Period
Leased property, net of accumulated depreciation of $82,749,089 and $72,155,753	`SaleLeasebackTransactionNetBookValue`	$465.96M	USD	Point-in-time
Leased property, net of accumulated depreciation of $82,749,089 and $72,155,753	`SaleLeasebackTransactionNetBookValue`	$455.36M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $14,312,665 and $12,643,636	`PropertyPlantAndEquipmentNet`	$113.16M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $14,312,665 and $12,643,636	`PropertyPlantAndEquipmentNet`	$111.51M	USD	Point-in-time
Financing notes and related accrued interest receivable, net of reserve of $4,600,000 and $4,100,000	`NotesAndLoansReceivableNetNoncurrent`	$1.00M	USD	Point-in-time
Financing notes and related accrued interest receivable, net of reserve of $4,600,000 and $4,100,000	`NotesAndLoansReceivableNetNoncurrent`	$1.50M	USD	Point-in-time
Other equity securities, at fair value	`EquityMethodInvestmentsFairValueDisclosure`	$2.96M	USD	Point-in-time
Other equity securities, at fair value	`EquityMethodInvestmentsFairValueDisclosure`	$2.09M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$15.79M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$37.28M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$14.18M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.90M	USD	Point-in-time
Deferred rent receivable	`DeferredRentReceivablesNet`	$25.77M	USD	Point-in-time
Deferred rent receivable	`DeferredRentReceivablesNet`	$22.06M	USD	Point-in-time
Accounts and other receivables	`AccountsAndOtherReceivablesNetCurrent`	$3.79M	USD	Point-in-time
Accounts and other receivables	`AccountsAndOtherReceivablesNetCurrent`	$3.37M	USD	Point-in-time
Accumulated depreciation, leased property	`PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation`	$82.75M	USD	Point-in-time
Deferred costs, net of accumulated amortization of $956,999 and $623,764	`DebtIssuanceCostsAndDeferredLeasingCostsNet`	$3.17M	USD	Point-in-time
Deferred costs, net of accumulated amortization of $956,999 and $623,764	`DebtIssuanceCostsAndDeferredLeasingCostsNet`	$3.50M	USD	Point-in-time
Accumulated depreciation, leased property	`PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation`	$72.16M	USD	Point-in-time
Accumulated depreciation, property and equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$12.64M	USD	Point-in-time
Accumulated depreciation, property and equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$14.31M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$742.15K	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.07M	USD	Point-in-time
Deferred tax asset, net	`DeferredIncomeTaxAssetsNet`	$2.24M	USD	Point-in-time
Reserve for financing notes and related accrued interest receivable	`AllowanceForNotesAndLoansReceivableNoncurrent`	$4.10M	USD	Point-in-time
Reserve for financing notes and related accrued interest receivable	`AllowanceForNotesAndLoansReceivableNoncurrent`	$4.60M	USD	Point-in-time
Deferred tax asset, net	`DeferredIncomeTaxAssetsNet`	$4.12M	USD	Point-in-time
Goodwill	`Goodwill`	$1.72M	USD	Point-in-time
Accumulated amortization, Deferred costs	`AccumulatedAmortizationDebtIssuanceCostsAndDeferredLeasingCosts`	$957.00K	USD	Point-in-time
Goodwill	`Goodwill`	$1.72M	USD	Point-in-time
Accumulated amortization, Deferred costs	`AccumulatedAmortizationDebtIssuanceCostsAndDeferredLeasingCosts`	$623.76K	USD	Point-in-time
Secured debt, debt issuance costs	`DeferredFinanceCostsNet`	$237.30K	USD	Point-in-time
Secured debt, debt issuance costs	`DeferredFinanceCostsNet`	$254.65K	USD	Point-in-time
Total Assets	`Assets`	$623.36M	USD	Point-in-time
Total Assets	`Assets`	$633.42M	USD	Point-in-time
Secured credit facilities, net of debt issuance costs of $237,302 and $254,646	`SecuredDebt`	$39.00M	USD	Point-in-time
Secured credit facilities, net of debt issuance costs of $237,302 and $254,646	`SecuredDebt`	$40.75M	USD	Point-in-time
Unsecured convertible senior notes, net of discount and debt issuance costs of $1,574,323 and $1,967,917	`ConvertibleDebtNoncurrent`	$112.43M	USD	Point-in-time
Unsecured convertible senior notes, net of discount and debt issuance costs of $1,574,323 and $1,967,917	`ConvertibleDebtNoncurrent`	$112.03M	USD	Point-in-time
Asset retirement obligation	`AssetRetirementObligation`	$9.17M	USD	Point-in-time
Asset retirement obligation	`AssetRetirementObligation`	$9.43M	USD	Point-in-time
Accounts payable and other accrued liabilities	`AccountsPayableAndOtherAccruedLiabilities`	$2.51M	USD	Point-in-time
Accounts payable and other accrued liabilities	`AccountsPayableAndOtherAccruedLiabilities`	$2.33M	USD	Point-in-time
Management fees payable	`ManagementFeePayable`	$1.75M	USD	Point-in-time
Management fees payable	`ManagementFeePayable`	$1.81M	USD	Point-in-time
Income tax liability	`TaxesPayableCurrentAndNoncurrent`	$2.20M	USD	Point-in-time
Income tax liability	`TaxesPayableCurrentAndNoncurrent`	$36.97K	USD	Point-in-time
Unearned revenue	`DeferredRevenue`	$5.32M	USD	Point-in-time
Unearned revenue	`DeferredRevenue`	$3.40M	USD	Point-in-time
Total Liabilities	`Liabilities`	$171.63M	USD	Point-in-time
Capital stock non-convertible, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Capital stock non-convertible, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total Liabilities	`Liabilities`	$170.54M	USD	Point-in-time
Capital stock non-convertible, shares issued	`CommonStockSharesIssued`	11.93M	shares	Point-in-time
Capital stock non-convertible, shares issued	`CommonStockSharesIssued`	11.92M	shares	Point-in-time
Series A Cumulative Redeemable Preferred Stock 7.375%, $130,000,000 liquidation preference ($2,500 per share, $0.001 par value), 10,000,000 authorized; 52,000 issued and outstanding at June 30, 2018 and December 31, 2017	`PreferredStockValue`	$130.00M	USD	Point-in-time
Capital stock non-convertible, shares outstanding	`CommonStockSharesOutstanding`	11.92M	shares	Point-in-time
Series A Cumulative Redeemable Preferred Stock 7.375%, $130,000,000 liquidation preference ($2,500 per share, $0.001 par value), 10,000,000 authorized; 52,000 issued and outstanding at June 30, 2018 and December 31, 2017	`PreferredStockValue`	$130.00M	USD	Point-in-time
Capital stock non-convertible, shares outstanding	`CommonStockSharesOutstanding`	11.93M	shares	Point-in-time
Capital stock non-convertible, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Capital stock, non-convertible, $0.001 par value; 11,933,774 and 11,915,830 shares issued and outstanding at June 30, 2018 and December 31, 2017 (100,000,000 shares authorized)	`CommonStockValue`	$11.92K	USD	Point-in-time
Capital stock, non-convertible, $0.001 par value; 11,933,774 and 11,915,830 shares issued and outstanding at June 30, 2018 and December 31, 2017 (100,000,000 shares authorized)	`CommonStockValue`	$11.93K	USD	Point-in-time
Capital stock non-convertible, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$331.77M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$322.82M	USD	Point-in-time
Total Equity	`StockholdersEquity`	$461.79M	USD	Point-in-time
Total Equity	`StockholdersEquity`	$452.83M	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$623.36M	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$633.42M	USD	Point-in-time

Income Statement 136 line items

Line Item	Tag	Value	Unit	Period
Lease revenue	`SaleLeasebackTransactionQuarterlyRentalPayments`	$34.12M	USD	2 Qtrs
Lease revenue	`SaleLeasebackTransactionQuarterlyRentalPayments`	$35.87M	USD	2 Qtrs
Lease revenue	`SaleLeasebackTransactionQuarterlyRentalPayments`	$17.05M	USD	1 Quarter
Lease revenue	`SaleLeasebackTransactionQuarterlyRentalPayments`	$18.28M	USD	1 Quarter
Transportation and distribution revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$4.78M	USD	1 Quarter
Transportation and distribution revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$3.87M	USD	1 Quarter
Transportation and distribution revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$9.79M	USD	2 Qtrs
Transportation and distribution revenue	`RevenueFromContractWithCustomerIncludingAssessedTax`	$7.83M	USD	2 Qtrs
Total Revenue	`Revenues`	$22.15M	USD	1 Quarter
Total Revenue	`Revenues`	$43.90M	USD	2 Qtrs
Total Revenue	`Revenues`	$43.69M	USD	2 Qtrs
Total Revenue	`Revenues`	$21.83M	USD	1 Quarter
Transportation and distribution expenses	`CostOfGoodsAndServicesSold`	$1.53M	USD	1 Quarter
Transportation and distribution expenses	`CostOfGoodsAndServicesSold`	$2.70M	USD	2 Qtrs
Transportation and distribution expenses	`CostOfGoodsAndServicesSold`	$1.36M	USD	1 Quarter
Transportation and distribution expenses	`CostOfGoodsAndServicesSold`	$3.11M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$2.56M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$5.83M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$5.62M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$3.11M	USD	1 Quarter
Depreciation, amortization and ARO accretion expense	`DepreciationAmortizationAndAccretionNet`	$12.58M	USD	2 Qtrs
Depreciation, amortization and ARO accretion expense	`DepreciationAmortizationAndAccretionNet`	$12.01M	USD	2 Qtrs
Depreciation, amortization and ARO accretion expense	`DepreciationAmortizationAndAccretionNet`	$6.29M	USD	1 Quarter
Depreciation, amortization and ARO accretion expense	`DepreciationAmortizationAndAccretionNet`	$6.01M	USD	1 Quarter
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	-	USD	1 Quarter
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	-	USD	2 Qtrs
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	-	USD	1 Quarter
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$500.00K	USD	2 Qtrs
Total Expenses	`CostsAndExpenses`	$10.93M	USD	1 Quarter
Total Expenses	`CostsAndExpenses`	$9.93M	USD	1 Quarter
Total Expenses	`CostsAndExpenses`	$22.02M	USD	2 Qtrs
Total Expenses	`CostsAndExpenses`	$20.33M	USD	2 Qtrs
Operating Income	`OperatingIncomeLoss`	$23.57M	USD	2 Qtrs
Operating Income	`OperatingIncomeLoss`	$11.90M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$11.22M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$21.67M	USD	2 Qtrs
Net distributions and dividend income	`OtherInterestAndDividendIncome`	$55.71K	USD	1 Quarter
Net distributions and dividend income	`OtherInterestAndDividendIncome`	$221.44K	USD	1 Quarter
Net distributions and dividend income	`OtherInterestAndDividendIncome`	$59.66K	USD	2 Qtrs
Net distributions and dividend income	`OtherInterestAndDividendIncome`	$264.90K	USD	2 Qtrs
Net realized and unrealized gain (loss) on other equity securities	`EquitySecuritiesUnrealizedGainLoss`	$70.43K	USD	2 Qtrs
Net realized and unrealized gain (loss) on other equity securities	`EquitySecuritiesUnrealizedGainLoss`	$614.63K	USD	1 Quarter
Net realized and unrealized gain (loss) on other equity securities	`EquitySecuritiesUnrealizedGainLoss`	$-867.13K	USD	2 Qtrs
Net realized and unrealized gain (loss) on other equity securities	`EquitySecuritiesUnrealizedGainLoss`	$-881.10K	USD	1 Quarter
Interest expense	`InterestExpense`	$3.20M	USD	1 Quarter
Interest expense	`InterestExpense`	$3.20M	USD	1 Quarter
Interest expense	`InterestExpense`	$6.66M	USD	2 Qtrs
Interest expense	`InterestExpense`	$6.41M	USD	2 Qtrs
Total Other Expense	`NonoperatingIncomeExpense`	$-2.37M	USD	1 Quarter
Total Other Expense	`NonoperatingIncomeExpense`	$-7.21M	USD	2 Qtrs
Total Other Expense	`NonoperatingIncomeExpense`	$-6.32M	USD	2 Qtrs
Total Other Expense	`NonoperatingIncomeExpense`	$-4.02M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$14.46M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$9.53M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$17.25M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$7.20M	USD	1 Quarter
Current tax expense (benefit)	`CurrentIncomeTaxExpenseBenefit`	$23.89K	USD	2 Qtrs
Current tax expense (benefit)	`CurrentIncomeTaxExpenseBenefit`	$-46.33K	USD	2 Qtrs
Current tax expense (benefit)	`CurrentIncomeTaxExpenseBenefit`	$57.65K	USD	1 Quarter
Current tax expense (benefit)	`CurrentIncomeTaxExpenseBenefit`	$-10.79K	USD	1 Quarter
Deferred tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-604.06K	USD	1 Quarter
Deferred tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-260.76K	USD	2 Qtrs
Deferred tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-1.01M	USD	2 Qtrs
Deferred tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$38.08K	USD	1 Quarter
Income tax expense (benefit), net	`IncomeTaxExpenseBenefit`	$95.73K	USD	1 Quarter
Income tax expense (benefit), net	`IncomeTaxExpenseBenefit`	$-236.87K	USD	2 Qtrs
Income tax expense (benefit), net	`IncomeTaxExpenseBenefit`	$-614.85K	USD	1 Quarter
Income tax expense (benefit), net	`IncomeTaxExpenseBenefit`	$-1.06M	USD	2 Qtrs
Net income	`ProfitLoss`	$9.44M	USD	1 Quarter
Net income	`ProfitLoss`	$15.52M	USD	2 Qtrs
Net income	`ProfitLoss`	$17.49M	USD	2 Qtrs
Net income	`ProfitLoss`	$7.81M	USD	1 Quarter
Less: Net Income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$435.89K	USD	1 Quarter
Less: Net Income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Less: Net Income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Net Income attributable to non-controlling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$818.27K	USD	2 Qtrs
Net Income attributable to CorEnergy Stockholders	`NetIncomeLoss`	$9.00M	USD	1 Quarter
Net Income attributable to CorEnergy Stockholders	`NetIncomeLoss`	$7.81M	USD	1 Quarter
Net Income attributable to CorEnergy Stockholders	`NetIncomeLoss`	$16.67M	USD	2 Qtrs
Net Income attributable to CorEnergy Stockholders	`NetIncomeLoss`	$15.52M	USD	2 Qtrs
Preferred dividend requirements	`PreferredStockDividendsAndOtherAdjustments`	$3.16M	USD	2 Qtrs
Preferred dividend requirements	`PreferredStockDividendsAndOtherAdjustments`	$4.79M	USD	2 Qtrs
Preferred dividend requirements	`PreferredStockDividendsAndOtherAdjustments`	$2.40M	USD	1 Quarter
Preferred dividend requirements	`PreferredStockDividendsAndOtherAdjustments`	$2.12M	USD	1 Quarter
Net Income attributable to Common Stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$5.41M	USD	1 Quarter
Net Income attributable to Common Stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$13.51M	USD	2 Qtrs
Net Income attributable to Common Stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$10.72M	USD	2 Qtrs
Net Income attributable to Common Stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$6.88M	USD	1 Quarter
Net Income	`ProfitLoss`	$9.44M	USD	1 Quarter
Net Income	`ProfitLoss`	$15.52M	USD	2 Qtrs
Net Income	`ProfitLoss`	$17.49M	USD	2 Qtrs
Net Income	`ProfitLoss`	$7.81M	USD	1 Quarter
Changes in fair value of qualifying hedges / AOCI attributable to CorEnergy stockholders	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$3.01K	USD	1 Quarter
Changes in fair value of qualifying hedges / AOCI attributable to CorEnergy stockholders	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Changes in fair value of qualifying hedges / AOCI attributable to CorEnergy stockholders	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	-	USD	2 Qtrs
Changes in fair value of qualifying hedges / AOCI attributable to CorEnergy stockholders	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$5.98K	USD	2 Qtrs
Changes in fair value of qualifying hedges / AOCI attributable to non-controlling interest	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$-1.40K	USD	2 Qtrs
Changes in fair value of qualifying hedges / AOCI attributable to non-controlling interest	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Changes in fair value of qualifying hedges / AOCI attributable to non-controlling interest	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Changes in fair value of qualifying hedges / AOCI attributable to non-controlling interest	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$-702.00	USD	1 Quarter
Net Change in Other Comprehensive Income	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	1 Quarter
Net Change in Other Comprehensive Income	`OtherComprehensiveIncomeLossNetOfTax`	$3.71K	USD	1 Quarter
Net Change in Other Comprehensive Income	`OtherComprehensiveIncomeLossNetOfTax`	$7.37K	USD	2 Qtrs
Net Change in Other Comprehensive Income	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	2 Qtrs
Total Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$15.52M	USD	2 Qtrs
Total Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$9.44M	USD	1 Quarter
Total Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$7.81M	USD	1 Quarter
Total Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$17.50M	USD	2 Qtrs
Less: Comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$819.67K	USD	2 Qtrs
Less: Comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$436.59K	USD	1 Quarter
Less: Comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Comprehensive income attributable to non-controlling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Comprehensive Income attributable to CorEnergy Stockholders	`ComprehensiveIncomeNetOfTax`	$16.68M	USD	2 Qtrs
Comprehensive Income attributable to CorEnergy Stockholders	`ComprehensiveIncomeNetOfTax`	$9.00M	USD	1 Quarter
Comprehensive Income attributable to CorEnergy Stockholders	`ComprehensiveIncomeNetOfTax`	$7.81M	USD	1 Quarter
Comprehensive Income attributable to CorEnergy Stockholders	`ComprehensiveIncomeNetOfTax`	$15.52M	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.14	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.45	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.90	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.58	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.14	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.45	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.58	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.90	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	11.92M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	11.90M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	11.93M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	11.89M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.89M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.92M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.93M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.90M	shares	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.50	USD	2 Qtrs
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.50	USD	2 Qtrs
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.75	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.75	USD	1 Quarter

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net Income	`ProfitLoss`	$9.44M	USD	1 Quarter
Net Income	`ProfitLoss`	$15.52M	USD	2 Qtrs
Net Income	`ProfitLoss`	$17.49M	USD	2 Qtrs
Net Income	`ProfitLoss`	$7.81M	USD	1 Quarter
Deferred income tax, net	`DeferredIncomeTaxesAndTaxCredits`	$-260.76K	USD	2 Qtrs
Deferred income tax, net	`DeferredIncomeTaxesAndTaxCredits`	$-1.01M	USD	2 Qtrs
Depreciation, amortization and ARO accretion	`DepreciationDepletionAndAmortization`	$12.95M	USD	2 Qtrs
Depreciation, amortization and ARO accretion	`DepreciationDepletionAndAmortization`	$13.29M	USD	2 Qtrs
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	-	USD	1 Quarter
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	-	USD	2 Qtrs
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	-	USD	1 Quarter
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$500.00K	USD	2 Qtrs
Non-cash settlement of accounts payable	`GainLossOnSettlementOfAccountsPayable`	$171.61K	USD	2 Qtrs
Non-cash settlement of accounts payable	`GainLossOnSettlementOfAccountsPayable`	-	USD	2 Qtrs
Gain on sale of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$3.72K	USD	2 Qtrs
Gain on sale of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	2 Qtrs
Net distributions and dividend income, including recharacterization of income	`NetDistributionsandDividendIncomeIncludingRecharacterizationofIncome`	$-148.65K	USD	2 Qtrs
Net distributions and dividend income, including recharacterization of income	`NetDistributionsandDividendIncomeIncludingRecharacterizationofIncome`	-	USD	2 Qtrs
Net realized and unrealized (gain) loss on other equity securities	`UnrealizedGainLossOnInvestments`	$70.43K	USD	2 Qtrs
Net realized and unrealized (gain) loss on other equity securities	`UnrealizedGainLossOnInvestments`	$-867.13K	USD	2 Qtrs
Unrealized gain on derivative contract	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	-	USD	2 Qtrs
Unrealized gain on derivative contract	`DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet`	$16.45K	USD	2 Qtrs
Common stock issued under directors' compensation plan	`ShareBasedCompensation`	$37.50K	USD	2 Qtrs
Common stock issued under directors' compensation plan	`ShareBasedCompensation`	$30.00K	USD	2 Qtrs
Increase in deferred rent receivable	`IncreaseDecreaseInDeferredRentReceivables`	$3.59M	USD	2 Qtrs
Increase in deferred rent receivable	`IncreaseDecreaseInDeferredRentReceivables`	$3.71M	USD	2 Qtrs
Decrease in accounts and other receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-1.16M	USD	2 Qtrs
Decrease in accounts and other receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-412.43K	USD	2 Qtrs
(Increase) decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$326.37K	USD	2 Qtrs
(Increase) decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-134.02K	USD	2 Qtrs
Increase in management fee payable	`IncreaseDecreaseInOtherAccountsPayable`	$65.68K	USD	2 Qtrs
Increase in management fee payable	`IncreaseDecreaseInOtherAccountsPayable`	$10.30K	USD	2 Qtrs
Increase (decrease) in accounts payable and other accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-53.62K	USD	2 Qtrs
Increase (decrease) in accounts payable and other accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$433.85K	USD	2 Qtrs
Decrease in current income tax liability	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-2.17M	USD	2 Qtrs
Decrease in current income tax liability	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	2 Qtrs
Increase (decrease) in unearned revenue	`IncreaseDecreaseInDeferredRevenue`	$-1.38M	USD	2 Qtrs
Increase (decrease) in unearned revenue	`IncreaseDecreaseInDeferredRevenue`	$29.70K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$27.79M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$22.52M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$47.88K	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$13.74K	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$11.50K	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	2 Qtrs
Return of capital on distributions received	`PartnersCapitalAccountReturnOfCapital`	-	USD	2 Qtrs
Return of capital on distributions received	`PartnersCapitalAccountReturnOfCapital`	$61.83K	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-36.38K	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$48.08K	USD	2 Qtrs
Debt financing costs	`PaymentsOfFinancingCosts`	$264.01K	USD	2 Qtrs
Debt financing costs	`PaymentsOfFinancingCosts`	$2.51K	USD	2 Qtrs
Net offering proceeds on Series A preferred stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$71.17M	USD	2 Qtrs
Net offering proceeds on Series A preferred stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	-	USD	2 Qtrs
Dividends paid on Series A preferred stock	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$4.79M	USD	2 Qtrs
Dividends paid on Series A preferred stock	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$3.43M	USD	2 Qtrs
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$17.27M	USD	2 Qtrs
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$17.32M	USD	2 Qtrs
Distributions to non-controlling interest	`PaymentsToMinorityShareholders`	$480.49K	USD	2 Qtrs
Distributions to non-controlling interest	`PaymentsToMinorityShareholders`	-	USD	2 Qtrs
Payments on revolving line of credit	`RepaymentsOfLinesOfCredit`	-	USD	2 Qtrs
Payments on revolving line of credit	`RepaymentsOfLinesOfCredit`	$44.00M	USD	2 Qtrs
Principal payments on secured credit facilities	`RepaymentsOfLongTermDebt`	$4.39M	USD	2 Qtrs
Principal payments on secured credit facilities	`RepaymentsOfLongTermDebt`	$1.76M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-24.09M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.55M	USD	2 Qtrs
Net Change in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.61M	USD	2 Qtrs
Net Change in Cash and Cash Equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$29.39M	USD	2 Qtrs
Cash and Cash Equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$15.79M	USD	Point-in-time
Cash and Cash Equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$37.28M	USD	Point-in-time
Cash and Cash Equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$14.18M	USD	Point-in-time
Cash and Cash Equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.90M	USD	Point-in-time
Cash and Cash Equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$15.79M	USD	Point-in-time
Cash and Cash Equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$37.28M	USD	Point-in-time
Cash and Cash Equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$14.18M	USD	Point-in-time
Cash and Cash Equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$7.90M	USD	Point-in-time
Interest paid	`InterestPaid`	$5.55M	USD	2 Qtrs
Interest paid	`InterestPaid`	$5.78M	USD	2 Qtrs
Income taxes paid (net of refunds)	`IncomeTaxesPaidNet`	$132.20K	USD	2 Qtrs
Income taxes paid (net of refunds)	`IncomeTaxesPaidNet`	$2.12M	USD	2 Qtrs
Change in accounts payable and accrued expenses related to debt financing costs	`NoncashOrPartNoncashIncreaseDecreaseinAccountsPayableandAccruedExpensesRelatedtoDebtFinancingCostsFinancingActivities`	$-255.04K	USD	2 Qtrs
Change in accounts payable and accrued expenses related to debt financing costs	`NoncashOrPartNoncashIncreaseDecreaseinAccountsPayableandAccruedExpensesRelatedtoDebtFinancingCostsFinancingActivities`	-	USD	2 Qtrs
Reinvestment of distributions by common stockholders in additional common shares	`ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan`	$516.57K	USD	2 Qtrs
Reinvestment of distributions by common stockholders in additional common shares	`ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan`	$610.22K	USD	2 Qtrs

Stockholders Equity 17 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	11.92M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	11.93M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$461.79M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$452.83M	USD	Point-in-time
Cumulative transition adjustment upon the adoption of ASC 606, net of tax	`CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption`	$-2.45M	USD	Point-in-time
Net income	`ProfitLoss`	$9.44M	USD	1 Quarter
Net income	`ProfitLoss`	$15.52M	USD	2 Qtrs
Net income	`ProfitLoss`	$17.49M	USD	2 Qtrs
Net income	`ProfitLoss`	$7.81M	USD	1 Quarter
Series A preferred stock dividends	`DividendsPreferredStock`	$4.79M	USD	2 Qtrs
Common stock dividends	`AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings`	$17.88M	USD	2 Qtrs
Common stock issued under director's compensation plan	`StockIssuedDuringPeriodValueShareBasedCompensation`	$37.50K	USD	2 Qtrs
Reinvestment of dividends paid to common stockholders	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$610.22K	USD	2 Qtrs
Ending balance	`StockholdersEquity`	$461.79M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$452.83M	USD	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	11.92M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	11.93M	shares	Point-in-time

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