10-Q Filing

TERRENO REALTY CORP CIK: 1476150 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001476150-23-000011`
Period End Date	20230630
Filing Date	20230802
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	trno-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 78 Cash Flow Statement 76 Stockholders Equity 45

Balance Sheet 66 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`	83.24M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	76.46M	shares	Point-in-time
Land	`Land`	$1.85B	USD	Point-in-time
Land	`Land`	$1.94B	USD	Point-in-time
Buildings and improvements	`BuildingsAndImprovementsGross`	$1.51B	USD	Point-in-time
Buildings and improvements	`BuildingsAndImprovementsGross`	$1.37B	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$51.90M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$271.41M	USD	Point-in-time
Intangible assets	`FiniteLivedIntangibleAssetsGross`	$123.55M	USD	Point-in-time
Intangible assets	`FiniteLivedIntangibleAssetsGross`	$140.80M	USD	Point-in-time
Total investments in properties	`RealEstateInvestmentPropertyAtCost`	$3.86B	USD	Point-in-time
Total investments in properties	`RealEstateInvestmentPropertyAtCost`	$3.40B	USD	Point-in-time
Accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$354.98M	USD	Point-in-time
Accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$323.63M	USD	Point-in-time
Net investments in properties	`RealEstateInvestmentPropertyNet`	$3.51B	USD	Point-in-time
Net investments in properties	`RealEstateInvestmentPropertyNet`	$3.08B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$204.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$26.39M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$58.92M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.24M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$1.10M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$1.69M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$397.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$3.10M	USD	Point-in-time
Other assets, net	`OtherAssets`	$71.47M	USD	Point-in-time
Other assets, net	`OtherAssets`	$61.22M	USD	Point-in-time
Total assets	`Assets`	$3.16B	USD	Point-in-time
Total assets	`Assets`	$3.64B	USD	Point-in-time
Credit facility	`LineOfCredit`	-	USD	Point-in-time
Credit facility	`LineOfCredit`	-	USD	Point-in-time
Term loans payable, net	`LoansPayable`	$199.03M	USD	Point-in-time
Term loans payable, net	`LoansPayable`	$198.99M	USD	Point-in-time
Senior unsecured notes, net	`SeniorNotes`	$571.83M	USD	Point-in-time
Senior unsecured notes, net	`SeniorNotes`	$572.12M	USD	Point-in-time
Security deposits	`SecurityDepositLiability`	$32.21M	USD	Point-in-time
Security deposits	`SecurityDepositLiability`	$27.45M	USD	Point-in-time
Intangible liabilities, net	`BelowMarketLeaseNet`	$89.04M	USD	Point-in-time
Intangible liabilities, net	`BelowMarketLeaseNet`	$55.87M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$30.75M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$33.50M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableOtherCurrentAndNoncurrent`	$49.69M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableOtherCurrentAndNoncurrent`	$63.29M	USD	Point-in-time
Total liabilities	`Liabilities`	$989.19M	USD	Point-in-time
Total liabilities	`Liabilities`	$934.59M	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock: $0.01 par value, 400,000,000 shares authorized, and 83,236,177 and 76,463,482 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively.	`CommonStockValue`	$833.00K	USD	Point-in-time
Common stock: $0.01 par value, 400,000,000 shares authorized, and 83,236,177 and 76,463,482 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively.	`CommonStockValue`	$765.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.17B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.59B	USD	Point-in-time
Common stock held in deferred compensation plan, 514,539 and 417,665 shares at June 30, 2023 and December 31, 2022, respectively.	`CommonStockHeldInTrust`	$32.13M	USD	Point-in-time
Common stock held in deferred compensation plan, 514,539 and 417,665 shares at June 30, 2023 and December 31, 2022, respectively.	`CommonStockHeldInTrust`	$26.46M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$85.18M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$88.27M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.13B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.06B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.65B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.23B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.05B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.60B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.64B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.16B	USD	Point-in-time

Income Statement 78 line items

Line Item	Tag	Value	Unit	Period
Rental revenues and tenant expense reimbursements	`OperatingLeaseLeaseIncome`	$65.37M	USD	1 Quarter
Rental revenues and tenant expense reimbursements	`OperatingLeaseLeaseIncome`	$79.53M	USD	1 Quarter
Rental revenues and tenant expense reimbursements	`OperatingLeaseLeaseIncome`	$129.40M	USD	2 Qtrs
Rental revenues and tenant expense reimbursements	`OperatingLeaseLeaseIncome`	$154.19M	USD	2 Qtrs
Total revenues	`Revenues`	$129.40M	USD	2 Qtrs
Total revenues	`Revenues`	$79.53M	USD	1 Quarter
Total revenues	`Revenues`	$154.19M	USD	2 Qtrs
Total revenues	`Revenues`	$65.37M	USD	1 Quarter
Property operating expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$18.59M	USD	1 Quarter
Property operating expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$36.97M	USD	2 Qtrs
Property operating expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$15.80M	USD	1 Quarter
Property operating expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$32.68M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$36.39M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$15.29M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$18.23M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$30.27M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$14.86M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$19.09M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$7.33M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$9.77M	USD	1 Quarter
Acquisition costs and other	`BusinessCombinationAcquisitionRelatedCosts`	$1.03M	USD	1 Quarter
Acquisition costs and other	`BusinessCombinationAcquisitionRelatedCosts`	$1.05M	USD	2 Qtrs
Acquisition costs and other	`BusinessCombinationAcquisitionRelatedCosts`	$27.00K	USD	1 Quarter
Acquisition costs and other	`BusinessCombinationAcquisitionRelatedCosts`	$75.00K	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$92.52M	USD	2 Qtrs
Total costs and expenses	`CostsAndExpenses`	$46.61M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$39.45M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$78.86M	USD	2 Qtrs
Interest and other income	`InterestAndOtherIncome`	$115.00K	USD	1 Quarter
Interest and other income	`InterestAndOtherIncome`	$236.00K	USD	2 Qtrs
Interest and other income	`InterestAndOtherIncome`	$973.00K	USD	1 Quarter
Interest and other income	`InterestAndOtherIncome`	$2.94M	USD	2 Qtrs
Interest expense, including amortization	`InterestExpense`	$5.90M	USD	1 Quarter
Interest expense, including amortization	`InterestExpense`	$10.13M	USD	2 Qtrs
Interest expense, including amortization	`InterestExpense`	$13.28M	USD	2 Qtrs
Interest expense, including amortization	`InterestExpense`	$5.05M	USD	1 Quarter
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	$12.26M	USD	2 Qtrs
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	$12.26M	USD	1 Quarter
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	$76.05M	USD	2 Qtrs
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	$76.05M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$71.12M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$1.92M	USD	2 Qtrs
Total other income (expense)	`NonoperatingIncomeExpense`	$7.33M	USD	1 Quarter
Total other income (expense)	`NonoperatingIncomeExpense`	$66.16M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$40.25M	USD	1 Quarter
Net income	`NetIncomeLoss`	$97.03M	USD	1 Quarter
Net income	`NetIncomeLoss`	$116.69M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$63.59M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$23.33M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.66M	USD	1 Quarter
Allocation to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$180.00K	USD	1 Quarter
Allocation to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$382.00K	USD	1 Quarter
Allocation to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$286.00K	USD	2 Qtrs
Allocation to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$467.00K	USD	2 Qtrs
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$96.65M	USD	1 Quarter
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$63.30M	USD	2 Qtrs
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$116.23M	USD	2 Qtrs
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$40.07M	USD	1 Quarter
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$63.30M	USD	2 Qtrs
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$96.65M	USD	1 Quarter
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$40.07M	USD	1 Quarter
Net income available to common stockholders	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$116.23M	USD	2 Qtrs
Net income available to common stockholders - basic (in dollars per share)	`EarningsPerShareBasic`	$0.48	USD	1 Quarter
Net income available to common stockholders - basic (in dollars per share)	`EarningsPerShareBasic`	$1.28	USD	1 Quarter
Net income available to common stockholders - basic (in dollars per share)	`EarningsPerShareBasic`	$0.78	USD	2 Qtrs
Net income available to common stockholders - basic (in dollars per share)	`EarningsPerShareBasic`	$1.55	USD	2 Qtrs
Net income available to common stockholders - diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.28	USD	1 Quarter
Net income available to common stockholders - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.77	USD	2 Qtrs
Net income available to common stockholders - diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.54	USD	2 Qtrs
Net income available to common stockholders - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.48	USD	1 Quarter
BASIC WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	75.23M	shares	2 Qtrs
BASIC WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	81.51M	shares	2 Qtrs
BASIC WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	75.25M	shares	1 Quarter
BASIC WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	83.12M	shares	1 Quarter
DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	83.12M	shares	1 Quarter
DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	75.31M	shares	2 Qtrs
DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	81.76M	shares	2 Qtrs
DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	75.34M	shares	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$40.25M	USD	1 Quarter
Net income	`NetIncomeLoss`	$97.03M	USD	1 Quarter
Net income	`NetIncomeLoss`	$116.69M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$63.59M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$23.33M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.66M	USD	1 Quarter
Straight-line rents	`StraightLineRent`	$4.44M	USD	2 Qtrs
Straight-line rents	`StraightLineRent`	$4.21M	USD	2 Qtrs
Amortization of lease intangibles	`AmortizationOfLeaseIntangibles`	$6.61M	USD	2 Qtrs
Amortization of lease intangibles	`AmortizationOfLeaseIntangibles`	$7.19M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$36.39M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$15.29M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$18.23M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$30.27M	USD	2 Qtrs
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	$12.26M	USD	2 Qtrs
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	$12.26M	USD	1 Quarter
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	$76.05M	USD	2 Qtrs
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	$76.05M	USD	1 Quarter
Deferred financing cost amortization	`AmortizationOfFinancingCostsAndDiscounts`	$611.00K	USD	2 Qtrs
Deferred financing cost amortization	`AmortizationOfFinancingCostsAndDiscounts`	$770.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$6.84M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$4.84M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$6.04M	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$2.66M	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$9.47M	USD	2 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$564.00K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$63.23M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$87.36M	USD	2 Qtrs
Cash paid for property acquisitions	`PaymentsToAcquireBuildings`	$276.98M	USD	2 Qtrs
Cash paid for property acquisitions	`PaymentsToAcquireBuildings`	$378.09M	USD	2 Qtrs
Proceeds from sales of real estate investments, net	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$24.59M	USD	2 Qtrs
Proceeds from sales of real estate investments, net	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$106.83M	USD	2 Qtrs
Additions to construction in progress	`PaymentsForConstructionInProcess`	$26.09M	USD	2 Qtrs
Additions to construction in progress	`PaymentsForConstructionInProcess`	$18.57M	USD	2 Qtrs
Additions to buildings, improvements and leasing costs	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$26.89M	USD	2 Qtrs
Additions to buildings, improvements and leasing costs	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$30.35M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-219.06M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-406.49M	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$2.06M	USD	2 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$417.16M	USD	2 Qtrs
Issuance costs on issuance of common stock	`IssuanceCostsOnIssuanceOfCommonStock`	$49.00K	USD	2 Qtrs
Issuance costs on issuance of common stock	`IssuanceCostsOnIssuanceOfCommonStock`	$1.35M	USD	2 Qtrs
Repurchase of common stock related to employee awards	`PaymentsForRepurchaseOfCommonStock`	$732.00K	USD	2 Qtrs
Repurchase of common stock related to employee awards	`PaymentsForRepurchaseOfCommonStock`	$493.00K	USD	2 Qtrs
Borrowings on credit facility	`ProceedsFromLinesOfCredit`	$49.00M	USD	2 Qtrs
Borrowings on credit facility	`ProceedsFromLinesOfCredit`	$12.00M	USD	2 Qtrs
Payments on credit facility	`RepaymentsOfLinesOfCredit`	$49.00M	USD	2 Qtrs
Payments on credit facility	`RepaymentsOfLinesOfCredit`	-	USD	2 Qtrs
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$857.00K	USD	2 Qtrs
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$80.00K	USD	2 Qtrs
Dividends paid to common stockholders	`PaymentsOfDividendsCommonStock`	$51.30M	USD	2 Qtrs
Dividends paid to common stockholders	`PaymentsOfDividendsCommonStock`	$63.93M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$351.07M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-38.64M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-194.47M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$31.94M	USD	2 Qtrs
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.33M	USD	Point-in-time
Cash and cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$60.02M	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 beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$28.08M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.33M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$60.02M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$204.80M	USD	Point-in-time
Cash and cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$28.08M	USD	Point-in-time
Cash paid for interest, net of capitalized interest	`InterestPaidNet`	$15.49M	USD	2 Qtrs
Cash paid for interest, net of capitalized interest	`InterestPaidNet`	$10.52M	USD	2 Qtrs
Accounts payable related to capital improvements	`CapitalExpendituresIncurredButNotYetPaid`	$29.04M	USD	2 Qtrs
Accounts payable related to capital improvements	`CapitalExpendituresIncurredButNotYetPaid`	$25.08M	USD	2 Qtrs
Non-cash issuance of common stock to the deferred compensation plan	`StockIssued1`	$5.67M	USD	2 Qtrs
Non-cash issuance of common stock to the deferred compensation plan	`StockIssued1`	$11.79M	USD	2 Qtrs
Acquisition of properties	`ReconciliationAcquisitionOfProperties`	$291.87M	USD	2 Qtrs
Acquisition of properties	`ReconciliationAcquisitionOfProperties`	$420.49M	USD	2 Qtrs
Assumption of other assets and liabilities	`AssumptionsOfOtherAssetsAndLiabilities`	$42.40M	USD	2 Qtrs
Assumption of other assets and liabilities	`AssumptionsOfOtherAssetsAndLiabilities`	$14.90M	USD	2 Qtrs
Net cash paid for property acquisitions	`PaymentsToAcquireBuildings`	$276.98M	USD	2 Qtrs
Net cash paid for property acquisitions	`PaymentsToAcquireBuildings`	$378.09M	USD	2 Qtrs

Stockholders Equity 45 line items

Line Item	Tag	Value	Unit	Period
Issuance costs	`PaymentsOfStockIssuanceCosts`	$112.00K	USD	1 Quarter
Issuance costs	`PaymentsOfStockIssuanceCosts`	$822.00K	USD	1 Quarter
Issuance costs	`PaymentsOfStockIssuanceCosts`	-	USD	1 Quarter
Issuance costs	`PaymentsOfStockIssuanceCosts`	$943.00K	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`	$0.40	USD	1 Quarter
Dividends per share, common stock (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.34	USD	1 Quarter
Beginning balance	`StockholdersEquity`	$2.13B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.06B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.65B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.23B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.05B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.60B	USD	Point-in-time
Net income	`NetIncomeLoss`	$40.25M	USD	1 Quarter
Net income	`NetIncomeLoss`	$97.03M	USD	1 Quarter
Net income	`NetIncomeLoss`	$116.69M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$63.59M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$23.33M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.66M	USD	1 Quarter
Issuance of common stock, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$37.90M	USD	1 Quarter
Issuance of common stock, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$377.49M	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 (in shares)	`StockIssuedDuringPeriodSharesNewIssues`	27,087.00	shares	1 Quarter
Issuance of common stock, net of issuance costs (in shares)	`StockIssuedDuringPeriodSharesNewIssues`	27,087.00	shares	2 Qtrs
Common shares acquired related to employee awards	`StockRepurchasedDuringPeriodValue`	$105.00K	USD	1 Quarter
Common shares acquired related to employee awards	`StockRepurchasedDuringPeriodValue`	$493.00K	USD	1 Quarter
Common shares acquired related to employee awards	`StockRepurchasedDuringPeriodValue`	$627.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.83M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.81M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.01M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.04M	USD	1 Quarter
Common stock dividends	`DividendsCommonStockCash`	$25.69M	USD	1 Quarter
Common stock dividends	`DividendsCommonStockCash`	$33.21M	USD	1 Quarter
Common stock dividends	`DividendsCommonStockCash`	$33.47M	USD	1 Quarter
Common stock dividends	`DividendsCommonStockCash`	$25.68M	USD	1 Quarter
Deposits to deferred compensation plan	`DepositsToDeferredCompensationPlan`	-	USD	1 Quarter
Deposits to deferred compensation plan	`DepositsToDeferredCompensationPlan`	-	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	1 Quarter
Ending balance	`StockholdersEquity`	$2.13B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.06B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.65B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.23B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.05B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.60B	USD	Point-in-time

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