10-Q Filing

TERRENO REALTY CORP CIK: 1476150 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001476150-21-000027`
Period End Date	20210930
Filing Date	20211103
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	trno-20210930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 76 Cash Flow Statement 88 Stockholders Equity 68 Comprehensive Income 16

Balance Sheet 82 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`	71.02M	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`	$1.34B	USD	Point-in-time
Buildings and improvements	`BuildingsAndImprovementsGross`	$942.69M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	71.02M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	68.38M	shares	Point-in-time
Buildings and improvements	`BuildingsAndImprovementsGross`	$1.05B	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$61.45M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$99.95M	USD	Point-in-time
Common stock held in deferred compensation plan (in shares)	`CommonStockSharesHeldInEmployeeTrustShares`	139,224.00	shares	Point-in-time
Common stock held in deferred compensation plan (in shares)	`CommonStockSharesHeldInEmployeeTrustShares`	275,727.00	shares	Point-in-time
Intangible assets	`FiniteLivedIntangibleAssetsGross`	$101.17M	USD	Point-in-time
Intangible assets	`FiniteLivedIntangibleAssetsGross`	$88.86M	USD	Point-in-time
Total investments in properties	`RealEstateInvestmentPropertyAtCost`	$2.59B	USD	Point-in-time
Total investments in properties	`RealEstateInvestmentPropertyAtCost`	$2.23B	USD	Point-in-time
Accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$265.63M	USD	Point-in-time
Accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$238.07M	USD	Point-in-time
Net investments in properties	`RealEstateInvestmentPropertyNet`	$1.99B	USD	Point-in-time
Net investments in properties	`RealEstateInvestmentPropertyNet`	$2.33B	USD	Point-in-time
Properties held for sale, net	`RealEstateHeldForDevelopmentAndSale`	$18.30M	USD	Point-in-time
Properties held for sale, net	`RealEstateHeldForDevelopmentAndSale`	-	USD	Point-in-time
Net investments in real estate	`RealEstateInvestments`	$1.99B	USD	Point-in-time
Net investments in real estate	`RealEstateInvestments`	$2.34B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$68.73M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$110.08M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$155.32M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$107.18M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$690.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$656.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$4.97M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$2.66M	USD	Point-in-time
Other assets, net	`OtherAssets`	$53.05M	USD	Point-in-time
Other assets, net	`OtherAssets`	$38.83M	USD	Point-in-time
Total assets	`Assets`	$2.47B	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`	$99.79M	USD	Point-in-time
Term loans payable, net	`LoansPayable`	$99.47M	USD	Point-in-time
Senior unsecured notes, net	`SeniorNotes`	$348.06M	USD	Point-in-time
Senior unsecured notes, net	`SeniorNotes`	$497.15M	USD	Point-in-time
Mortgage loan payable, net	`SecuredDebt`	-	USD	Point-in-time
Mortgage loan payable, net	`SecuredDebt`	$11.26M	USD	Point-in-time
Security deposits	`SecurityDepositLiability`	$22.27M	USD	Point-in-time
Security deposits	`SecurityDepositLiability`	$13.87M	USD	Point-in-time
Intangible liabilities, net	`BelowMarketLeaseNet`	$37.54M	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`	$24.24M	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`	$40.36M	USD	Point-in-time
Total liabilities	`Liabilities`	$551.64M	USD	Point-in-time
Total liabilities	`Liabilities`	$721.03M	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 71,015,523 and 68,376,364 shares issued and outstanding, at September 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 71,015,523 and 68,376,364 shares issued and outstanding, at September 30, 2021 and December 31, 2020, respectively.	`CommonStockValue`	$712.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.59B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.77B	USD	Point-in-time
Common stock held in deferred compensation plan, 275,727 and 139,224 shares at September 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 September 30, 2021 and December 31, 2020, respectively.	`CommonStockHeldInTrust`	$15.20M	USD	Point-in-time
Retained (deficit) earnings	`RetainedEarningsAccumulatedDeficit`	$5.93M	USD	Point-in-time
Retained (deficit) earnings	`RetainedEarningsAccumulatedDeficit`	$-3.84M	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`	$1.59B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.63B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.54B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.58B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.59B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.75B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.70B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.52B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.47B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.14B	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Rental revenues and tenant expense reimbursements	`OperatingLeaseLeaseIncome`	$161.25M	USD	3 Qtrs
Rental revenues and tenant expense reimbursements	`OperatingLeaseLeaseIncome`	$57.27M	USD	1 Quarter
Rental revenues and tenant expense reimbursements	`OperatingLeaseLeaseIncome`	$138.00M	USD	3 Qtrs
Rental revenues and tenant expense reimbursements	`OperatingLeaseLeaseIncome`	$47.15M	USD	1 Quarter
Total revenues	`Revenues`	$47.15M	USD	1 Quarter
Total revenues	`Revenues`	$57.27M	USD	1 Quarter
Total revenues	`Revenues`	$138.00M	USD	3 Qtrs
Total revenues	`Revenues`	$161.25M	USD	3 Qtrs
Property operating expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$12.23M	USD	1 Quarter
Property operating expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$40.88M	USD	3 Qtrs
Property operating expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$36.07M	USD	3 Qtrs
Property operating expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$14.20M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$13.64M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$36.98M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$12.12M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$34.68M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$16.55M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$19.25M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$6.80M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$5.13M	USD	1 Quarter
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	$123.00K	USD	1 Quarter
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	$172.00K	USD	3 Qtrs
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	1 Quarter
Acquisition costs	`BusinessCombinationAcquisitionRelatedCosts`	$186.00K	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$34.64M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$87.49M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$29.61M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$97.28M	USD	3 Qtrs
Interest and other income	`InterestAndOtherIncome`	$228.00K	USD	1 Quarter
Interest and other income	`InterestAndOtherIncome`	$805.00K	USD	3 Qtrs
Interest and other income	`InterestAndOtherIncome`	$685.00K	USD	3 Qtrs
Interest and other income	`InterestAndOtherIncome`	$51.00K	USD	1 Quarter
Interest expense, including amortization	`InterestExpense`	$3.89M	USD	1 Quarter
Interest expense, including amortization	`InterestExpense`	$11.80M	USD	3 Qtrs
Interest expense, including amortization	`InterestExpense`	$12.85M	USD	3 Qtrs
Interest expense, including amortization	`InterestExpense`	$4.69M	USD	1 Quarter
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	$3.19M	USD	1 Quarter
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	$9.02M	USD	1 Quarter
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	$26.77M	USD	3 Qtrs
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	$3.19M	USD	3 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$5.18M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$15.77M	USD	3 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-1.27M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-8.98M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$16.26M	USD	1 Quarter
Net income	`NetIncomeLoss`	$66.28M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$12.86M	USD	1 Quarter
Net income	`NetIncomeLoss`	$21.36M	USD	1 Quarter
Net income	`NetIncomeLoss`	$17.38M	USD	1 Quarter
Net income	`NetIncomeLoss`	$22.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$54.99M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$30.70M	USD	1 Quarter
Allocation to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$87.00K	USD	1 Quarter
Allocation to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$277.00K	USD	3 Qtrs
Allocation to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$194.00K	USD	1 Quarter
Allocation to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$191.00K	USD	3 Qtrs
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$54.80M	USD	3 Qtrs
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$22.53M	USD	1 Quarter
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$66.00M	USD	3 Qtrs
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$21.27M	USD	1 Quarter
Net income available to common stockholders - basic (in dollars per share)	`EarningsPerShareBasic`	$0.98	USD	3 Qtrs
Net income available to common stockholders - basic (in dollars per share)	`EarningsPerShareBasic`	$0.33	USD	1 Quarter
Net income available to common stockholders - basic (in dollars per share)	`EarningsPerShareBasic`	$0.79	USD	3 Qtrs
Net income available to common stockholders - basic (in dollars per share)	`EarningsPerShareBasic`	$0.30	USD	1 Quarter
Net income available to common stockholders - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.30	USD	1 Quarter
Net income available to common stockholders - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.79	USD	3 Qtrs
Net income available to common stockholders - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.33	USD	1 Quarter
Net income available to common stockholders - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.97	USD	3 Qtrs
BASIC WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	68.11M	shares	1 Quarter
BASIC WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	70.52M	shares	1 Quarter
BASIC WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	67.60M	shares	3 Qtrs
BASIC WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	69.57M	shares	3 Qtrs
DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	68.37M	shares	1 Quarter
DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	67.86M	shares	3 Qtrs
DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	69.80M	shares	3 Qtrs
DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	70.75M	shares	1 Quarter

Cash Flow Statement 88 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$16.26M	USD	1 Quarter
Net income	`NetIncomeLoss`	$66.28M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$12.86M	USD	1 Quarter
Net income	`NetIncomeLoss`	$21.36M	USD	1 Quarter
Net income	`NetIncomeLoss`	$17.38M	USD	1 Quarter
Net income	`NetIncomeLoss`	$22.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$54.99M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$30.70M	USD	1 Quarter
Straight-line rents	`StraightLineRent`	$5.84M	USD	3 Qtrs
Straight-line rents	`StraightLineRent`	$-1.05M	USD	3 Qtrs
Amortization of lease intangibles	`AmortizationOfLeaseIntangibles`	$4.05M	USD	3 Qtrs
Amortization of lease intangibles	`AmortizationOfLeaseIntangibles`	$5.12M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$13.64M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$36.98M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$12.12M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$34.68M	USD	3 Qtrs
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	$3.19M	USD	1 Quarter
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	$9.02M	USD	1 Quarter
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	$26.77M	USD	3 Qtrs
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	$3.19M	USD	3 Qtrs
Deferred financing cost amortization	`AmortizationOfFinancingCostsAndDiscounts`	$1.02M	USD	3 Qtrs
Deferred financing cost amortization	`AmortizationOfFinancingCostsAndDiscounts`	$1.03M	USD	3 Qtrs
Deferred senior secured loan fee amortization	`AmortizationOfDeferredLoanOriginationFeesNet`	-	USD	3 Qtrs
Deferred senior secured loan fee amortization	`AmortizationOfDeferredLoanOriginationFeesNet`	$57.00K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$6.35M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$7.01M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$3.68M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.91M	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$14.48M	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.53M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$77.37M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$98.44M	USD	3 Qtrs
Cash paid for property acquisitions	`PaymentsToAcquireBuildings`	$325.04M	USD	3 Qtrs
Cash paid for property acquisitions	`PaymentsToAcquireBuildings`	$46.78M	USD	3 Qtrs
Proceeds from sales of real estate investments, net	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$70.69M	USD	3 Qtrs
Proceeds from sales of real estate investments, net	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$9.60M	USD	3 Qtrs
Additions to construction in progress	`PaymentsForConstructionInProcess`	$6.18M	USD	3 Qtrs
Additions to construction in progress	`PaymentsForConstructionInProcess`	$7.99M	USD	3 Qtrs
Additions to buildings, improvements and leasing costs	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$23.35M	USD	3 Qtrs
Additions to buildings, improvements and leasing costs	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$38.32M	USD	3 Qtrs
Repayments on senior secured loan	`ProceedsFromCollectionOfLoansReceivable`	$15.91M	USD	3 Qtrs
Repayments on senior secured loan	`ProceedsFromCollectionOfLoansReceivable`	-	USD	3 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$8.48M	USD	3 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-359.95M	USD	3 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$55.99M	USD	3 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$154.81M	USD	3 Qtrs
Issuance costs on issuance of common stock	`IssuanceCostsOnIssuanceOfCommonStock`	$812.00K	USD	3 Qtrs
Issuance costs on issuance of common stock	`IssuanceCostsOnIssuanceOfCommonStock`	$2.33M	USD	3 Qtrs
Repurchase of common stock related to employee awards	`PaymentsForRepurchaseOfCommonStock`	$582.00K	USD	3 Qtrs
Repurchase of common stock related to employee awards	`PaymentsForRepurchaseOfCommonStock`	$9.84M	USD	3 Qtrs
Borrowings on credit facility	`ProceedsFromLinesOfCredit`	-	USD	3 Qtrs
Borrowings on credit facility	`ProceedsFromLinesOfCredit`	$45.00M	USD	3 Qtrs
Payments on credit facility	`RepaymentsOfLinesOfCredit`	$45.00M	USD	3 Qtrs
Payments on credit facility	`RepaymentsOfLinesOfCredit`	-	USD	3 Qtrs
Borrowings on senior unsecured notes	`ProceedsFromIssuanceOfUnsecuredDebt`	$150.00M	USD	3 Qtrs
Borrowings on senior unsecured notes	`ProceedsFromIssuanceOfUnsecuredDebt`	-	USD	3 Qtrs
Payments on mortgage loan payable	`RepaymentsOfSecuredDebt`	$32.96M	USD	3 Qtrs
Payments on mortgage loan payable	`RepaymentsOfSecuredDebt`	$11.27M	USD	3 Qtrs
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$2.86M	USD	3 Qtrs
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	-	USD	3 Qtrs
Dividends paid to common stockholders	`PaymentsOfDividendsCommonStock`	$54.95M	USD	3 Qtrs
Dividends paid to common stockholders	`PaymentsOfDividendsCommonStock`	$60.39M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-42.57M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$227.37M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-34.13M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$43.27M	USD	3 Qtrs
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$73.70M	USD	Point-in-time
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$156.01M	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 beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$112.74M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$73.70M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$156.01M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$107.84M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$112.74M	USD	Point-in-time
Cash paid for interest, net of capitalized interest	`InterestPaidNet`	$12.97M	USD	3 Qtrs
Cash paid for interest, net of capitalized interest	`InterestPaidNet`	$11.97M	USD	3 Qtrs
Accounts payable related to capital improvements	`CapitalExpendituresIncurredButNotYetPaid`	$16.94M	USD	3 Qtrs
Accounts payable related to capital improvements	`CapitalExpendituresIncurredButNotYetPaid`	$11.47M	USD	3 Qtrs
Non-cash issuance of common stock to the deferred compensation plan	`StockIssued1`	$7.55M	USD	3 Qtrs
Non-cash issuance of common stock to the deferred compensation plan	`StockIssued1`	$7.65M	USD	3 Qtrs
Lease liability arising from recognition of right-of-use asset	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$424.00K	USD	3 Qtrs
Lease liability arising from recognition of right-of-use asset	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$460.00K	USD	3 Qtrs
Acquisition of properties	`ReconciliationAcquisitionOfProperties`	$47.58M	USD	3 Qtrs
Acquisition of properties	`ReconciliationAcquisitionOfProperties`	$344.45M	USD	3 Qtrs
Assumption of other assets and liabilities	`AssumptionsOfOtherAssetsAndLiabilities`	$19.41M	USD	3 Qtrs
Assumption of other assets and liabilities	`AssumptionsOfOtherAssetsAndLiabilities`	$797.00K	USD	3 Qtrs
Net cash paid for property acquisitions	`PaymentsToAcquireBuildings`	$325.04M	USD	3 Qtrs
Net cash paid for property acquisitions	`PaymentsToAcquireBuildings`	$46.78M	USD	3 Qtrs

Stockholders Equity 68 line items

Line Item	Tag	Value	Unit	Period
Issuance costs	`PaymentsOfStockIssuanceCosts`	$630.00K	USD	1 Quarter
Issuance costs	`PaymentsOfStockIssuanceCosts`	$807.00K	USD	1 Quarter
Issuance costs	`PaymentsOfStockIssuanceCosts`	$1.23M	USD	1 Quarter
Issuance costs	`PaymentsOfStockIssuanceCosts`	$731.00K	USD	1 Quarter
Issuance costs	`PaymentsOfStockIssuanceCosts`	$70.00K	USD	1 Quarter
Issuance costs	`PaymentsOfStockIssuanceCosts`	$426.00K	USD	1 Quarter
Dividends per share, common stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.34	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`	$0.29	USD	1 Quarter
Dividends per share, common stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.29	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`	$0.29	USD	1 Quarter
Beginning balance	`StockholdersEquity`	$1.59B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.63B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.54B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.58B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.59B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.75B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.70B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.52B	USD	Point-in-time
Net income	`NetIncomeLoss`	$16.26M	USD	1 Quarter
Net income	`NetIncomeLoss`	$66.28M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$12.86M	USD	1 Quarter
Net income	`NetIncomeLoss`	$21.36M	USD	1 Quarter
Net income	`NetIncomeLoss`	$17.38M	USD	1 Quarter
Net income	`NetIncomeLoss`	$22.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$54.99M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$30.70M	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	`StockIssuedDuringPeriodValueNewIssues`	$32.08M	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`	$29.65M	USD	1 Quarter
Issuance of common stock, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$424.00K	USD	1 Quarter
Issuance of common stock, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$49.18M	USD	1 Quarter
Issuance of common stock, net of issuance costs (in shares)	`StockIssuedDuringPeriodSharesNewIssues`	1.05M	shares	3 Qtrs
Issuance of common stock, net of issuance costs (in shares)	`StockIssuedDuringPeriodSharesNewIssues`	8,250.00	shares	1 Quarter
Repurchase of common stock related to employee awards	`StockRepurchasedDuringPeriodValue`	$9.60M	USD	1 Quarter
Repurchase of common stock related to employee awards	`StockRepurchasedDuringPeriodValue`	$240.00K	USD	1 Quarter
Repurchase of common stock related to employee awards	`StockRepurchasedDuringPeriodValue`	$582.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.46M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.36M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.68M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.20M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.57M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.97M	USD	1 Quarter
Common stock dividends	`DividendsCommonStockCash`	$18.48M	USD	1 Quarter
Common stock dividends	`DividendsCommonStockCash`	$20.43M	USD	1 Quarter
Common stock dividends	`DividendsCommonStockCash`	$19.83M	USD	1 Quarter
Common stock dividends	`DividendsCommonStockCash`	$18.31M	USD	1 Quarter
Common stock dividends	`DividendsCommonStockCash`	$24.24M	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`	$77.00K	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`	$106.00K	USD	1 Quarter
Repurchase of common stock related to employee awards	`OtherComprehensiveIncomeLossNetOfTax`	$50.00K	USD	1 Quarter
Ending balance	`StockholdersEquity`	$1.59B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.63B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.54B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.58B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.59B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.75B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.70B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.52B	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$16.26M	USD	1 Quarter
Net income	`NetIncomeLoss`	$66.28M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$12.86M	USD	1 Quarter
Net income	`NetIncomeLoss`	$21.36M	USD	1 Quarter
Net income	`NetIncomeLoss`	$17.38M	USD	1 Quarter
Net income	`NetIncomeLoss`	$22.72M	USD	1 Quarter
Net income	`NetIncomeLoss`	$54.99M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$30.70M	USD	1 Quarter
Cash flow hedge adjustment	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$169.00K	USD	3 Qtrs
Cash flow hedge adjustment	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	-	USD	1 Quarter
Cash flow hedge adjustment	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$183.00K	USD	3 Qtrs
Cash flow hedge adjustment	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$50.00K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$66.45M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$55.18M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$22.77M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$21.36M	USD	1 Quarter

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