10-Q Filing

TERRENO REALTY CORP CIK: 1476150 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001476150-22-000019`
Period End Date	20220930
Filing Date	20221102
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	trno-20220930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 76 Cash Flow Statement 88 Stockholders Equity 64 Comprehensive Income 16

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`	75.64M	shares	Point-in-time
Land	`Land`	$1.81B	USD	Point-in-time
Land	`Land`	$1.56B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	75.07M	shares	Point-in-time
Buildings and improvements	`BuildingsAndImprovementsGross`	$1.21B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	75.07M	shares	Point-in-time
Buildings and improvements	`BuildingsAndImprovementsGross`	$1.36B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	75.64M	shares	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$44.32M	USD	Point-in-time
Common stock held in deferred compensation plan (in shares)	`CommonStockSharesHeldInEmployeeTrustShares`	426,594.00	shares	Point-in-time
Common stock held in deferred compensation plan (in shares)	`CommonStockSharesHeldInEmployeeTrustShares`	275,727.00	shares	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$65.16M	USD	Point-in-time
Intangible assets	`FiniteLivedIntangibleAssetsGross`	$125.72M	USD	Point-in-time
Intangible assets	`FiniteLivedIntangibleAssetsGross`	$114.13M	USD	Point-in-time
Total investments in properties	`RealEstateInvestmentPropertyAtCost`	$2.95B	USD	Point-in-time
Total investments in properties	`RealEstateInvestmentPropertyAtCost`	$3.34B	USD	Point-in-time
Accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$279.06M	USD	Point-in-time
Accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$310.50M	USD	Point-in-time
Net investments in properties	`RealEstateInvestmentPropertyNet`	$3.03B	USD	Point-in-time
Net investments in properties	`RealEstateInvestmentPropertyNet`	$2.67B	USD	Point-in-time
Properties held for sale, net	`RealEstateHeldForDevelopmentAndSale`	$10.20M	USD	Point-in-time
Properties held for sale, net	`RealEstateHeldForDevelopmentAndSale`	-	USD	Point-in-time
Net investments in real estate	`RealEstateInvestments`	$2.67B	USD	Point-in-time
Net investments in real estate	`RealEstateInvestments`	$3.04B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$107.18M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.15M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$68.73M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$204.40M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$844.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$4.97M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$656.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$397.00K	USD	Point-in-time
Other assets, net	`OtherAssets`	$58.04M	USD	Point-in-time
Other assets, net	`OtherAssets`	$51.65M	USD	Point-in-time
Total assets	`Assets`	$3.11B	USD	Point-in-time
Total assets	`Assets`	$2.92B	USD	Point-in-time
Credit facility	`LineOfCredit`	$10.00M	USD	Point-in-time
Credit facility	`LineOfCredit`	-	USD	Point-in-time
Term loans payable, net	`LoansPayable`	$198.94M	USD	Point-in-time
Term loans payable, net	`LoansPayable`	$99.50M	USD	Point-in-time
Senior unsecured notes, net	`SeniorNotes`	$621.17M	USD	Point-in-time
Senior unsecured notes, net	`SeniorNotes`	$571.68M	USD	Point-in-time
Security deposits	`SecurityDepositLiability`	$23.91M	USD	Point-in-time
Security deposits	`SecurityDepositLiability`	$27.25M	USD	Point-in-time
Intangible liabilities, net	`BelowMarketLeaseNet`	$51.02M	USD	Point-in-time
Intangible liabilities, net	`BelowMarketLeaseNet`	$60.48M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$30.43M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$25.62M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableOtherCurrentAndNoncurrent`	$57.81M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableOtherCurrentAndNoncurrent`	$45.02M	USD	Point-in-time
Total liabilities	`Liabilities`	$866.25M	USD	Point-in-time
Total liabilities	`Liabilities`	$956.58M	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock: $0.01 par value, 400,000,000 shares authorized, and 75,640,135 and 75,068,575 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively.	`CommonStockValue`	$757.00K	USD	Point-in-time
Common stock: $0.01 par value, 400,000,000 shares authorized, and 75,640,135 and 75,068,575 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively.	`CommonStockValue`	$752.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.12B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.07B	USD	Point-in-time
Common stock held in deferred compensation plan, 426,594 and 275,727 shares at September 30, 2022 and December 31, 2021, respectively.	`CommonStockHeldInTrust`	$26.98M	USD	Point-in-time
Common stock held in deferred compensation plan, 426,594 and 275,727 shares at September 30, 2022 and December 31, 2021, respectively.	`CommonStockHeldInTrust`	$15.20M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.80M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$60.15M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.05B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.13B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$1.63B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.06B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.15B	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`	$1.75B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.92B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.11B	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`	$70.80M	USD	1 Quarter
Rental revenues and tenant expense reimbursements	`OperatingLeaseLeaseIncome`	$200.21M	USD	3 Qtrs
Rental revenues and tenant expense reimbursements	`OperatingLeaseLeaseIncome`	$57.27M	USD	1 Quarter
Total revenues	`Revenues`	$57.27M	USD	1 Quarter
Total revenues	`Revenues`	$200.21M	USD	3 Qtrs
Total revenues	`Revenues`	$161.25M	USD	3 Qtrs
Total revenues	`Revenues`	$70.80M	USD	1 Quarter
Property operating expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$49.82M	USD	3 Qtrs
Property operating expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$40.88M	USD	3 Qtrs
Property operating expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$14.20M	USD	1 Quarter
Property operating expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$17.14M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$36.98M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$13.64M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$16.96M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$47.23M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$19.25M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$23.00M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$6.80M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$8.14M	USD	1 Quarter
Acquisition costs and other	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	1 Quarter
Acquisition costs and other	`BusinessCombinationAcquisitionRelatedCosts`	$1.09M	USD	3 Qtrs
Acquisition costs and other	`BusinessCombinationAcquisitionRelatedCosts`	$172.00K	USD	3 Qtrs
Acquisition costs and other	`BusinessCombinationAcquisitionRelatedCosts`	$36.00K	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$34.64M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$97.28M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$42.27M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$121.14M	USD	3 Qtrs
Interest and other income	`InterestAndOtherIncome`	$411.00K	USD	3 Qtrs
Interest and other income	`InterestAndOtherIncome`	$685.00K	USD	3 Qtrs
Interest and other income	`InterestAndOtherIncome`	$175.00K	USD	1 Quarter
Interest and other income	`InterestAndOtherIncome`	$228.00K	USD	1 Quarter
Interest expense, including amortization	`InterestExpense`	$4.69M	USD	1 Quarter
Interest expense, including amortization	`InterestExpense`	$16.39M	USD	3 Qtrs
Interest expense, including amortization	`InterestExpense`	$12.85M	USD	3 Qtrs
Interest expense, including amortization	`InterestExpense`	$6.26M	USD	1 Quarter
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	-	USD	1 Quarter
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	$3.19M	USD	3 Qtrs
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	$76.05M	USD	3 Qtrs
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	$3.19M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$60.07M	USD	3 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-8.98M	USD	3 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$-6.09M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$-1.27M	USD	1 Quarter
Net income	`NetIncomeLoss`	$21.36M	USD	1 Quarter
Net income	`NetIncomeLoss`	$97.03M	USD	1 Quarter
Net income	`NetIncomeLoss`	$54.99M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$22.44M	USD	1 Quarter
Net income	`NetIncomeLoss`	$139.13M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$19.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$16.26M	USD	1 Quarter
Net income	`NetIncomeLoss`	$17.38M	USD	1 Quarter
Allocation to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$191.00K	USD	3 Qtrs
Allocation to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$87.00K	USD	1 Quarter
Allocation to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$107.00K	USD	1 Quarter
Allocation to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$583.00K	USD	3 Qtrs
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$54.80M	USD	3 Qtrs
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$138.55M	USD	3 Qtrs
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$21.27M	USD	1 Quarter
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$22.33M	USD	1 Quarter
Net income available to common stockholders - basic (in dollars per share)	`EarningsPerShareBasic`	$0.30	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`	$1.84	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`	$0.79	USD	3 Qtrs
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`	$1.84	USD	3 Qtrs
Net income available to common stockholders - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.30	USD	1 Quarter
BASIC WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	75.50M	shares	1 Quarter
BASIC WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	75.32M	shares	3 Qtrs
BASIC WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	70.52M	shares	1 Quarter
BASIC WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	69.57M	shares	3 Qtrs
DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	75.40M	shares	3 Qtrs
DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	70.75M	shares	1 Quarter
DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	75.59M	shares	1 Quarter
DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	69.80M	shares	3 Qtrs

Cash Flow Statement 88 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$21.36M	USD	1 Quarter
Net income	`NetIncomeLoss`	$97.03M	USD	1 Quarter
Net income	`NetIncomeLoss`	$54.99M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$22.44M	USD	1 Quarter
Net income	`NetIncomeLoss`	$139.13M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$19.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$16.26M	USD	1 Quarter
Net income	`NetIncomeLoss`	$17.38M	USD	1 Quarter
Straight-line rents	`StraightLineRent`	$7.33M	USD	3 Qtrs
Straight-line rents	`StraightLineRent`	$5.84M	USD	3 Qtrs
Amortization of lease intangibles	`AmortizationOfLeaseIntangibles`	$10.81M	USD	3 Qtrs
Amortization of lease intangibles	`AmortizationOfLeaseIntangibles`	$5.12M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$36.98M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$13.64M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$16.96M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$47.23M	USD	3 Qtrs
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	-	USD	1 Quarter
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	$3.19M	USD	3 Qtrs
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	$76.05M	USD	3 Qtrs
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	$3.19M	USD	1 Quarter
Deferred financing cost amortization	`AmortizationOfFinancingCostsAndDiscounts`	$988.00K	USD	3 Qtrs
Deferred financing cost amortization	`AmortizationOfFinancingCostsAndDiscounts`	$1.03M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$7.52M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$7.01M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$1.91M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-543.00K	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$14.48M	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$7.79M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$109.02M	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`	$344.83M	USD	3 Qtrs
Proceeds from sales of real estate investments, net	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$9.60M	USD	3 Qtrs
Proceeds from sales of real estate investments, net	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$106.83M	USD	3 Qtrs
Additions to construction in progress	`PaymentsForConstructionInProcess`	$6.18M	USD	3 Qtrs
Additions to construction in progress	`PaymentsForConstructionInProcess`	$24.98M	USD	3 Qtrs
Additions to buildings, improvements and leasing costs	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$38.32M	USD	3 Qtrs
Additions to buildings, improvements and leasing costs	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$50.83M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-313.80M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-359.95M	USD	3 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$154.81M	USD	3 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$30.94M	USD	3 Qtrs
Issuance costs on issuance of common stock	`IssuanceCostsOnIssuanceOfCommonStock`	$468.00K	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`	$1.01M	USD	3 Qtrs
Borrowings on credit facility	`ProceedsFromLinesOfCredit`	$45.00M	USD	3 Qtrs
Borrowings on credit facility	`ProceedsFromLinesOfCredit`	$162.00M	USD	3 Qtrs
Payments on credit facility	`RepaymentsOfLinesOfCredit`	$45.00M	USD	3 Qtrs
Payments on credit facility	`RepaymentsOfLinesOfCredit`	$152.00M	USD	3 Qtrs
Borrowings on term loans payable	`ProceedsFromIssuanceOfSecuredDebt`	-	USD	3 Qtrs
Borrowings on term loans payable	`ProceedsFromIssuanceOfSecuredDebt`	$100.00M	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 senior unsecured notes	`RepaymentsOfUnsecuredDebt`	-	USD	3 Qtrs
Payments on senior unsecured notes	`RepaymentsOfUnsecuredDebt`	$50.00M	USD	3 Qtrs
Payments on mortgage loan payable	`RepaymentsOfSecuredDebt`	-	USD	3 Qtrs
Payments on mortgage loan payable	`RepaymentsOfSecuredDebt`	$11.27M	USD	3 Qtrs
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$1.50M	USD	3 Qtrs
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$2.86M	USD	3 Qtrs
Dividends paid to common stockholders	`PaymentsOfDividendsCommonStock`	$60.39M	USD	3 Qtrs
Dividends paid to common stockholders	`PaymentsOfDividendsCommonStock`	$76.98M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$227.37M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$10.98M	USD	3 Qtrs
Net decrease in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-34.13M	USD	3 Qtrs
Net decrease in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-193.80M	USD	3 Qtrs
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.00M	USD	Point-in-time
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`	$107.84M	USD	Point-in-time
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$204.80M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.00M	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`	$107.84M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$204.80M	USD	Point-in-time
Cash paid for interest, net of capitalized interest	`InterestPaidNet`	$11.97M	USD	3 Qtrs
Cash paid for interest, net of capitalized interest	`InterestPaidNet`	$19.57M	USD	3 Qtrs
Accounts payable related to capital improvements	`CapitalExpendituresIncurredButNotYetPaid`	$22.86M	USD	3 Qtrs
Accounts payable related to capital improvements	`CapitalExpendituresIncurredButNotYetPaid`	$16.94M	USD	3 Qtrs
Non-cash issuance of common stock to the deferred compensation plan	`StockIssued1`	$7.65M	USD	3 Qtrs
Non-cash issuance of common stock to the deferred compensation plan	`StockIssued1`	$11.79M	USD	3 Qtrs
Lease liability arising from recognition of right-of-use asset	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	-	USD	3 Qtrs
Lease liability arising from recognition of right-of-use asset	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$424.00K	USD	3 Qtrs
Acquisition of properties	`ReconciliationAcquisitionOfProperties`	$344.45M	USD	3 Qtrs
Acquisition of properties	`ReconciliationAcquisitionOfProperties`	$360.82M	USD	3 Qtrs
Assumption of other assets and liabilities	`AssumptionsOfOtherAssetsAndLiabilities`	$15.98M	USD	3 Qtrs
Assumption of other assets and liabilities	`AssumptionsOfOtherAssetsAndLiabilities`	$19.41M	USD	3 Qtrs
Net cash paid for property acquisitions	`PaymentsToAcquireBuildings`	$325.04M	USD	3 Qtrs
Net cash paid for property acquisitions	`PaymentsToAcquireBuildings`	$344.83M	USD	3 Qtrs

Stockholders Equity 64 line items

Line Item	Tag	Value	Unit	Period
Issuance costs	`PaymentsOfStockIssuanceCosts`	$548.00K	USD	1 Quarter
Issuance costs	`PaymentsOfStockIssuanceCosts`	$1.23M	USD	1 Quarter
Issuance costs	`PaymentsOfStockIssuanceCosts`	$807.00K	USD	1 Quarter
Issuance costs	`PaymentsOfStockIssuanceCosts`	$112.00K	USD	1 Quarter
Issuance costs	`PaymentsOfStockIssuanceCosts`	$731.00K	USD	1 Quarter
Issuance costs	`PaymentsOfStockIssuanceCosts`	-	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`	$0.34	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`	$0.40	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`	$0.29	USD	1 Quarter
Beginning balance	`StockholdersEquity`	$2.05B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.13B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$1.63B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.06B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.15B	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`	$1.75B	USD	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	75.07M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	75.64M	shares	Point-in-time
Net income	`NetIncomeLoss`	$21.36M	USD	1 Quarter
Net income	`NetIncomeLoss`	$97.03M	USD	1 Quarter
Net income	`NetIncomeLoss`	$54.99M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$22.44M	USD	1 Quarter
Net income	`NetIncomeLoss`	$139.13M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$19.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$16.26M	USD	1 Quarter
Net income	`NetIncomeLoss`	$17.38M	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`	$28.34M	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`	$1.95M	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`	751,539.00	shares	1 Quarter
Issuance of common stock, net of issuance costs (in shares)	`StockIssuedDuringPeriodSharesNewIssues`	2.54M	shares	3 Qtrs
Common shares acquired related to employee awards	`StockRepurchasedDuringPeriodValue`	$582.00K	USD	1 Quarter
Common shares acquired related to employee awards	`StockRepurchasedDuringPeriodValue`	$518.00K	USD	1 Quarter
Common shares acquired related to employee awards	`StockRepurchasedDuringPeriodValue`	$493.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.97M	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`	$2.01M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.68M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.83M	USD	1 Quarter
Common stock dividends	`DividendsCommonStockCash`	$25.69M	USD	1 Quarter
Common stock dividends	`DividendsCommonStockCash`	$20.43M	USD	1 Quarter
Common stock dividends	`DividendsCommonStockCash`	$25.68M	USD	1 Quarter
Common stock dividends	`DividendsCommonStockCash`	$24.24M	USD	1 Quarter
Common stock dividends	`DividendsCommonStockCash`	$20.09M	USD	1 Quarter
Common stock dividends	`DividendsCommonStockCash`	$30.43M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$77.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$106.00K	USD	1 Quarter
Ending balance	`StockholdersEquity`	$2.05B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.13B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$1.63B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.06B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.15B	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`	$1.75B	USD	Point-in-time
Ending Balance (in shares)	`CommonStockSharesOutstanding`	75.07M	shares	Point-in-time
Ending Balance (in shares)	`CommonStockSharesOutstanding`	75.64M	shares	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$21.36M	USD	1 Quarter
Net income	`NetIncomeLoss`	$97.03M	USD	1 Quarter
Net income	`NetIncomeLoss`	$54.99M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$22.44M	USD	1 Quarter
Net income	`NetIncomeLoss`	$139.13M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$19.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$16.26M	USD	1 Quarter
Net income	`NetIncomeLoss`	$17.38M	USD	1 Quarter
Cash flow hedge adjustment	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	-	USD	1 Quarter
Cash flow hedge adjustment	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	-	USD	3 Qtrs
Cash flow hedge adjustment	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$183.00K	USD	3 Qtrs
Cash flow hedge adjustment	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	-	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$21.36M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$55.18M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$22.44M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$139.13M	USD	3 Qtrs

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