10-Q Filing

TERRENO REALTY CORP CIK: 1476150 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001476150-21-000019`
Period End Date	20210630
Filing Date	20210804
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	trno-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 74 Cash Flow Statement 84 Stockholders Equity 48 Comprehensive Income 14

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	68.38M	shares	Point-in-time
Land	`Land`	$1.14B	USD	Point-in-time
Land	`Land`	$1.24B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	70.19M	shares	Point-in-time
Buildings and improvements	`BuildingsAndImprovementsGross`	$1.01B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	70.19M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	68.38M	shares	Point-in-time
Buildings and improvements	`BuildingsAndImprovementsGross`	$942.69M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$77.32M	USD	Point-in-time
Common stock held in deferred compensation plan (in shares)	`CommonStockSharesHeldInEmployeeTrustShares`	139,224.00	shares	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$61.45M	USD	Point-in-time
Common stock held in deferred compensation plan (in shares)	`CommonStockSharesHeldInEmployeeTrustShares`	275,727.00	shares	Point-in-time
Intangible assets	`FiniteLivedIntangibleAssetsGross`	$96.56M	USD	Point-in-time
Intangible assets	`FiniteLivedIntangibleAssetsGross`	$88.86M	USD	Point-in-time
Total investments in properties	`RealEstateInvestmentPropertyAtCost`	$2.23B	USD	Point-in-time
Total investments in properties	`RealEstateInvestmentPropertyAtCost`	$2.43B	USD	Point-in-time
Accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$238.07M	USD	Point-in-time
Accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$260.13M	USD	Point-in-time
Net investments in real estate	`RealEstateInvestments`	$1.99B	USD	Point-in-time
Net investments in real estate	`RealEstateInvestments`	$2.17B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$107.18M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$148.27M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$39.95M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$110.08M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$515.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$2.66M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$2.75M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$656.00K	USD	Point-in-time
Other assets, net	`OtherAssets`	$38.83M	USD	Point-in-time
Other assets, net	`OtherAssets`	$44.95M	USD	Point-in-time
Total assets	`Assets`	$2.25B	USD	Point-in-time
Total assets	`Assets`	$2.14B	USD	Point-in-time
Credit facility	`LineOfCredit`	-	USD	Point-in-time
Credit facility	`LineOfCredit`	-	USD	Point-in-time
Term loans payable, net	`LoansPayable`	$99.90M	USD	Point-in-time
Term loans payable, net	`LoansPayable`	$99.79M	USD	Point-in-time
Senior unsecured notes, net	`SeniorNotes`	$348.26M	USD	Point-in-time
Senior unsecured notes, net	`SeniorNotes`	$348.06M	USD	Point-in-time
Mortgage loans payable, net	`SecuredDebt`	$11.26M	USD	Point-in-time
Mortgage loans payable, net	`SecuredDebt`	-	USD	Point-in-time
Security deposits	`SecurityDepositLiability`	$19.78M	USD	Point-in-time
Security deposits	`SecurityDepositLiability`	$13.87M	USD	Point-in-time
Intangible liabilities, net	`BelowMarketLeaseNet`	$28.37M	USD	Point-in-time
Intangible liabilities, net	`BelowMarketLeaseNet`	$24.61M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$19.87M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$20.43M	USD	Point-in-time
Performance share awards payable	`DeferredCompensationLiabilityCurrentAndNoncurrent`	$7.48M	USD	Point-in-time
Performance share awards payable	`DeferredCompensationLiabilityCurrentAndNoncurrent`	-	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableOtherCurrentAndNoncurrent`	$26.69M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableOtherCurrentAndNoncurrent`	$35.44M	USD	Point-in-time
Total liabilities	`Liabilities`	$551.64M	USD	Point-in-time
Total liabilities	`Liabilities`	$552.17M	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock: $0.01 par value, 400,000,000 shares authorized, and 70,191,398 and 68,376,364 shares issued and outstanding, at June 30, 2021 and December 31, 2020, respectively.	`CommonStockValue`	$686.00K	USD	Point-in-time
Common stock: $0.01 par value, 400,000,000 shares authorized, and 70,191,398 and 68,376,364 shares issued and outstanding, at June 30, 2021 and December 31, 2020, respectively.	`CommonStockValue`	$704.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.59B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.72B	USD	Point-in-time
Common stock held in deferred compensation plan, 275,727 and 139,224 shares at June 30, 2021 and December 31, 2020, respectively.	`CommonStockHeldInTrust`	$7.55M	USD	Point-in-time
Common stock held in deferred compensation plan, 275,727 and 139,224 shares at June 30, 2021 and December 31, 2020, respectively.	`CommonStockHeldInTrust`	$15.20M	USD	Point-in-time
Retained (deficit) earnings	`RetainedEarningsAccumulatedDeficit`	$-958.00K	USD	Point-in-time
Retained (deficit) earnings	`RetainedEarningsAccumulatedDeficit`	$5.93M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-183.00K	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.54B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.59B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.70B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.59B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.63B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.52B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.25B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.14B	USD	Point-in-time

Income Statement 74 line items

Line Item	Tag	Value	Unit	Period
Rental revenues and tenant expense reimbursements	`OperatingLeaseLeaseIncome`	$45.74M	USD	1 Quarter
Rental revenues and tenant expense reimbursements	`OperatingLeaseLeaseIncome`	$53.30M	USD	1 Quarter
Rental revenues and tenant expense reimbursements	`OperatingLeaseLeaseIncome`	$103.99M	USD	2 Qtrs
Rental revenues and tenant expense reimbursements	`OperatingLeaseLeaseIncome`	$90.86M	USD	2 Qtrs
Total revenues	`Revenues`	$53.30M	USD	1 Quarter
Total revenues	`Revenues`	$90.86M	USD	2 Qtrs
Total revenues	`Revenues`	$103.99M	USD	2 Qtrs
Total revenues	`Revenues`	$45.74M	USD	1 Quarter
Property operating expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$11.93M	USD	1 Quarter
Property operating expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$13.17M	USD	1 Quarter
Property operating expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$23.84M	USD	2 Qtrs
Property operating expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$26.68M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$11.97M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$11.46M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$23.34M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$22.56M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$5.67M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$11.42M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$6.87M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$12.45M	USD	2 Qtrs
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	$11.00K	USD	1 Quarter
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	$172.00K	USD	2 Qtrs
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	$117.00K	USD	1 Quarter
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	$63.00K	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$57.89M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$29.07M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$32.12M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$62.65M	USD	2 Qtrs
Interest and other income	`InterestAndOtherIncome`	$190.00K	USD	1 Quarter
Interest and other income	`InterestAndOtherIncome`	$221.00K	USD	1 Quarter
Interest and other income	`InterestAndOtherIncome`	$754.00K	USD	2 Qtrs
Interest and other income	`InterestAndOtherIncome`	$457.00K	USD	2 Qtrs
Interest expense, including amortization	`InterestExpense`	$4.02M	USD	1 Quarter
Interest expense, including amortization	`InterestExpense`	$3.91M	USD	1 Quarter
Interest expense, including amortization	`InterestExpense`	$8.16M	USD	2 Qtrs
Interest expense, including amortization	`InterestExpense`	$7.92M	USD	2 Qtrs
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	-	USD	1 Quarter
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	$17.75M	USD	1 Quarter
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	$17.75M	USD	2 Qtrs
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	-	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$14.03M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-3.79M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-7.70M	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$10.59M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$16.26M	USD	1 Quarter
Net income	`NetIncomeLoss`	$33.63M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$12.86M	USD	1 Quarter
Net income	`NetIncomeLoss`	$43.56M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$17.38M	USD	1 Quarter
Net income	`NetIncomeLoss`	$30.70M	USD	1 Quarter
Allocation to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$104.00K	USD	2 Qtrs
Allocation to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$277.00K	USD	2 Qtrs
Allocation to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$194.00K	USD	1 Quarter
Allocation to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$53.00K	USD	1 Quarter
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$43.28M	USD	2 Qtrs
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$33.53M	USD	2 Qtrs
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$30.51M	USD	1 Quarter
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$17.32M	USD	1 Quarter
Net income available to common stockholders - basic (in dollars per share)	`EarningsPerShareBasic`	$0.49	USD	2 Qtrs
Net income available to common stockholders - basic (in dollars per share)	`EarningsPerShareBasic`	$0.45	USD	1 Quarter
Net income available to common stockholders - basic (in dollars per share)	`EarningsPerShareBasic`	$0.25	USD	1 Quarter
Net income available to common stockholders - basic (in dollars per share)	`EarningsPerShareBasic`	$0.64	USD	2 Qtrs
Net income available to common stockholders - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.48	USD	2 Qtrs
Net income available to common stockholders - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.64	USD	2 Qtrs
Net income available to common stockholders - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.45	USD	1 Quarter
Net income available to common stockholders - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.25	USD	1 Quarter
BASIC WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	69.09M	shares	2 Qtrs
BASIC WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	67.62M	shares	1 Quarter
BASIC WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	67.34M	shares	2 Qtrs
BASIC WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	69.58M	shares	1 Quarter
DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	68.03M	shares	1 Quarter
DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	67.75M	shares	2 Qtrs
DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	69.32M	shares	2 Qtrs
DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	69.81M	shares	1 Quarter

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$16.26M	USD	1 Quarter
Net income	`NetIncomeLoss`	$33.63M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$12.86M	USD	1 Quarter
Net income	`NetIncomeLoss`	$43.56M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$17.38M	USD	1 Quarter
Net income	`NetIncomeLoss`	$30.70M	USD	1 Quarter
Straight-line rents	`StraightLineRent`	$1.22M	USD	2 Qtrs
Straight-line rents	`StraightLineRent`	$3.59M	USD	2 Qtrs
Amortization of lease intangibles	`AmortizationOfLeaseIntangibles`	$2.75M	USD	2 Qtrs
Amortization of lease intangibles	`AmortizationOfLeaseIntangibles`	$3.07M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$11.97M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$11.46M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$23.34M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$22.56M	USD	2 Qtrs
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	-	USD	1 Quarter
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	$17.75M	USD	1 Quarter
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	$17.75M	USD	2 Qtrs
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	-	USD	2 Qtrs
Deferred financing cost amortization	`AmortizationOfFinancingCostsAndDiscounts`	$747.00K	USD	2 Qtrs
Deferred financing cost amortization	`AmortizationOfFinancingCostsAndDiscounts`	$692.00K	USD	2 Qtrs
Deferred senior secured loan fee amortization	`AmortizationOfDeferredLoanOriginationFeesNet`	$57.00K	USD	2 Qtrs
Deferred senior secured loan fee amortization	`AmortizationOfDeferredLoanOriginationFeesNet`	-	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$4.50M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$4.65M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$4.81M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$3.11M	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$8.32M	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.05M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$45.37M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$59.22M	USD	2 Qtrs
Cash paid for property acquisitions	`PaymentsToAcquireBuildings`	$40.37M	USD	2 Qtrs
Cash paid for property acquisitions	`PaymentsToAcquireBuildings`	$160.03M	USD	2 Qtrs
Proceeds from sales of real estate investments, net	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$49.69M	USD	2 Qtrs
Proceeds from sales of real estate investments, net	`ProceedsFromSaleOfRealEstateHeldforinvestment`	-	USD	2 Qtrs
Additions to construction in progress	`PaymentsForConstructionInProcess`	$4.74M	USD	2 Qtrs
Additions to construction in progress	`PaymentsForConstructionInProcess`	$3.02M	USD	2 Qtrs
Additions to buildings, improvements and leasing costs	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$20.36M	USD	2 Qtrs
Additions to buildings, improvements and leasing costs	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$14.95M	USD	2 Qtrs
Repayments on senior secured loan	`ProceedsFromCollectionOfLoansReceivable`	$15.91M	USD	2 Qtrs
Repayments on senior secured loan	`ProceedsFromCollectionOfLoansReceivable`	-	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-183.41M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$5.54M	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$55.49M	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$112.61M	USD	2 Qtrs
Issuance costs on issuance of common stock	`IssuanceCostsOnIssuanceOfCommonStock`	$1.61M	USD	2 Qtrs
Issuance costs on issuance of common stock	`IssuanceCostsOnIssuanceOfCommonStock`	$805.00K	USD	2 Qtrs
Repurchase of common stock related to employee awards	`PaymentsForRepurchaseOfCommonStock`	$582.00K	USD	2 Qtrs
Repurchase of common stock related to employee awards	`PaymentsForRepurchaseOfCommonStock`	$240.00K	USD	2 Qtrs
Borrowings on credit facility	`ProceedsFromLinesOfCredit`	-	USD	2 Qtrs
Borrowings on credit facility	`ProceedsFromLinesOfCredit`	$25.00M	USD	2 Qtrs
Payments on credit facility	`RepaymentsOfLinesOfCredit`	$25.00M	USD	2 Qtrs
Payments on credit facility	`RepaymentsOfLinesOfCredit`	-	USD	2 Qtrs
Payments on mortgage loan payable	`RepaymentsOfSecuredDebt`	$32.85M	USD	2 Qtrs
Payments on mortgage loan payable	`RepaymentsOfSecuredDebt`	$11.27M	USD	2 Qtrs
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$131.00K	USD	2 Qtrs
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	-	USD	2 Qtrs
Dividends paid to common stockholders	`PaymentsOfDividendsCommonStock`	$39.96M	USD	2 Qtrs
Dividends paid to common stockholders	`PaymentsOfDividendsCommonStock`	$36.47M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$59.06M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-14.86M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-65.13M	USD	2 Qtrs
Net (decrease) increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$36.05M	USD	2 Qtrs
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$148.78M	USD	Point-in-time
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$42.71M	USD	Point-in-time
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$112.74M	USD	Point-in-time
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$107.84M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$148.78M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$42.71M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$112.74M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$107.84M	USD	Point-in-time
Cash paid for interest, net of capitalized interest	`InterestPaidNet`	$7.61M	USD	2 Qtrs
Cash paid for interest, net of capitalized interest	`InterestPaidNet`	$8.39M	USD	2 Qtrs
Accounts payable related to capital improvements	`CapitalExpendituresIncurredButNotYetPaid`	$9.43M	USD	2 Qtrs
Accounts payable related to capital improvements	`CapitalExpendituresIncurredButNotYetPaid`	$16.13M	USD	2 Qtrs
Non-cash issuance of common stock to the deferred compensation plan	`StockIssued1`	$7.55M	USD	2 Qtrs
Non-cash issuance of common stock to the deferred compensation plan	`StockIssued1`	$7.65M	USD	2 Qtrs
Lease liability arising from recognition of right-of-use asset	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$523.00K	USD	2 Qtrs
Lease liability arising from recognition of right-of-use asset	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$424.00K	USD	2 Qtrs
Acquisition of properties	`ReconciliationAcquisitionOfProperties`	$167.66M	USD	2 Qtrs
Acquisition of properties	`ReconciliationAcquisitionOfProperties`	$41.06M	USD	2 Qtrs
Assumption of other assets and liabilities	`AssumptionsOfOtherAssetsAndLiabilities`	$7.63M	USD	2 Qtrs
Assumption of other assets and liabilities	`AssumptionsOfOtherAssetsAndLiabilities`	$683.00K	USD	2 Qtrs
Net cash paid for property acquisitions	`PaymentsToAcquireBuildings`	$40.37M	USD	2 Qtrs
Net cash paid for property acquisitions	`PaymentsToAcquireBuildings`	$160.03M	USD	2 Qtrs

Stockholders Equity 48 line items

Line Item	Tag	Value	Unit	Period
Issuance costs	`PaymentsOfStockIssuanceCosts`	$630.00K	USD	1 Quarter
Issuance costs	`PaymentsOfStockIssuanceCosts`	$426.00K	USD	1 Quarter
Issuance costs	`PaymentsOfStockIssuanceCosts`	$731.00K	USD	1 Quarter
Issuance costs	`PaymentsOfStockIssuanceCosts`	$1.23M	USD	1 Quarter
Dividends per share, common stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.27	USD	1 Quarter
Dividends per share, common stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.27	USD	1 Quarter
Beginning balance	`StockholdersEquity`	$1.54B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.59B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.70B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.59B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.63B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.52B	USD	Point-in-time
Net income	`NetIncomeLoss`	$16.26M	USD	1 Quarter
Net income	`NetIncomeLoss`	$33.63M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$12.86M	USD	1 Quarter
Net income	`NetIncomeLoss`	$43.56M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$17.38M	USD	1 Quarter
Net income	`NetIncomeLoss`	$30.70M	USD	1 Quarter
Issuance of common stock, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$68.39M	USD	1 Quarter
Issuance of common stock, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$32.08M	USD	1 Quarter
Issuance of common stock, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$29.65M	USD	1 Quarter
Issuance of common stock, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$47.87M	USD	1 Quarter
Issuance of common stock, net of issuance costs (in shares)	`StockIssuedDuringPeriodSharesNewIssues`	1.05M	shares	2 Qtrs
Issuance of common stock, net of issuance costs (in shares)	`StockIssuedDuringPeriodSharesNewIssues`	619,300.00	shares	1 Quarter
Repurchase of common stock related to employee awards	`StockRepurchasedDuringPeriodValue`	$582.00K	USD	1 Quarter
Repurchase of common stock related to employee awards	`StockRepurchasedDuringPeriodValue`	$240.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.68M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.97M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.57M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.20M	USD	1 Quarter
Common stock dividends	`DividendsCommonStockCash`	$18.48M	USD	1 Quarter
Common stock dividends	`DividendsCommonStockCash`	$18.31M	USD	1 Quarter
Common stock dividends	`DividendsCommonStockCash`	$20.43M	USD	1 Quarter
Common stock dividends	`DividendsCommonStockCash`	$20.09M	USD	1 Quarter
Deposits to deferred compensation plan	`DepositsToDeferredCompensationPlan`	-	USD	1 Quarter
Deposits to deferred compensation plan	`DepositsToDeferredCompensationPlan`	-	USD	1 Quarter
Deposits to deferred compensation plan	`DepositsToDeferredCompensationPlan`	-	USD	1 Quarter
Deposits to deferred compensation plan	`DepositsToDeferredCompensationPlan`	-	USD	1 Quarter
Repurchase of common stock related to employee awards	`OtherComprehensiveIncomeLossNetOfTax`	$73.00K	USD	1 Quarter
Repurchase of common stock related to employee awards	`OtherComprehensiveIncomeLossNetOfTax`	$106.00K	USD	1 Quarter
Repurchase of common stock related to employee awards	`OtherComprehensiveIncomeLossNetOfTax`	$46.00K	USD	1 Quarter
Repurchase of common stock related to employee awards	`OtherComprehensiveIncomeLossNetOfTax`	$77.00K	USD	1 Quarter
Ending balance	`StockholdersEquity`	$1.54B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.59B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.70B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.59B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.63B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.52B	USD	Point-in-time

Comprehensive Income 14 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$16.26M	USD	1 Quarter
Net income	`NetIncomeLoss`	$33.63M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$12.86M	USD	1 Quarter
Net income	`NetIncomeLoss`	$43.56M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$17.38M	USD	1 Quarter
Net income	`NetIncomeLoss`	$30.70M	USD	1 Quarter
Cash flow hedge adjustment	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$77.00K	USD	1 Quarter
Cash flow hedge adjustment	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$119.00K	USD	2 Qtrs
Cash flow hedge adjustment	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$46.00K	USD	1 Quarter
Cash flow hedge adjustment	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$183.00K	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$30.75M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$17.45M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$43.68M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$33.82M	USD	2 Qtrs

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