10-Q Filing

TERRENO REALTY CORP CIK: 1476150 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001476150-23-000014`
Period End Date	20230930
Filing Date	20231101
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	trno-20230930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 80 Cash Flow Statement 82 Stockholders Equity 64

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Land	`Land`	$1.85B	USD	Point-in-time
Land	`Land`	$1.93B	USD	Point-in-time
Buildings and improvements	`BuildingsAndImprovementsGross`	$1.52B	USD	Point-in-time
Buildings and improvements	`BuildingsAndImprovementsGross`	$1.37B	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$339.38M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$51.90M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Intangible assets	`FiniteLivedIntangibleAssetsGross`	$123.55M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Intangible assets	`FiniteLivedIntangibleAssetsGross`	$138.55M	USD	Point-in-time
Total investments in properties	`RealEstateInvestmentPropertyAtCost`	$3.40B	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
Total investments in properties	`RealEstateInvestmentPropertyAtCost`	$3.93B	USD	Point-in-time
Accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$370.24M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	84.87M	shares	Point-in-time
Accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$323.63M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	76.46M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	76.46M	shares	Point-in-time
Net investments in properties	`RealEstateInvestmentPropertyNet`	$3.56B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	84.87M	shares	Point-in-time
Net investments in properties	`RealEstateInvestmentPropertyNet`	$3.08B	USD	Point-in-time
Properties held for sale, net	`RealEstateHeldForDevelopmentAndSale`	-	USD	Point-in-time
Properties held for sale, net	`RealEstateHeldForDevelopmentAndSale`	$7.27M	USD	Point-in-time
Net investments in real estate	`RealEstateInvestments`	$3.08B	USD	Point-in-time
Net investments in real estate	`RealEstateInvestments`	$3.57B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$10.15M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$26.39M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$204.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$96.20M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$397.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$1.69M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$4.03M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$844.00K	USD	Point-in-time
Other assets, net	`OtherAssets`	$61.22M	USD	Point-in-time
Other assets, net	`OtherAssets`	$71.92M	USD	Point-in-time
Total assets	`Assets`	$3.16B	USD	Point-in-time
Total assets	`Assets`	$3.74B	USD	Point-in-time
Credit facility	`LineOfCredit`	-	USD	Point-in-time
Credit facility	`LineOfCredit`	-	USD	Point-in-time
Term loans payable, net	`LoansPayable`	$198.99M	USD	Point-in-time
Term loans payable, net	`LoansPayable`	$199.09M	USD	Point-in-time
Senior unsecured notes, net	`SeniorNotes`	$571.83M	USD	Point-in-time
Senior unsecured notes, net	`SeniorNotes`	$572.27M	USD	Point-in-time
Security deposits	`SecurityDepositLiability`	$32.57M	USD	Point-in-time
Security deposits	`SecurityDepositLiability`	$27.45M	USD	Point-in-time
Intangible liabilities, net	`BelowMarketLeaseNet`	$55.87M	USD	Point-in-time
Intangible liabilities, net	`BelowMarketLeaseNet`	$87.18M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$30.75M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$38.42M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableOtherCurrentAndNoncurrent`	$49.69M	USD	Point-in-time
Accounts payable and other liabilities	`AccountsPayableOtherCurrentAndNoncurrent`	$72.97M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.00B	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 84,871,366 and 76,463,482 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively.	`CommonStockValue`	$765.00K	USD	Point-in-time
Common stock: $0.01 par value, 400,000,000 shares authorized, and 84,871,366 and 76,463,482 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively.	`CommonStockValue`	$850.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.17B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$2.69B	USD	Point-in-time
Common stock held in deferred compensation plan, 514,539 and 417,665 shares at September 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 September 30, 2023 and December 31, 2022, respectively.	`CommonStockHeldInTrust`	$26.46M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$88.27M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$77.07M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.74B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.15B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.60B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.65B	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`	$2.23B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$2.05B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.74B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$3.16B	USD	Point-in-time

Income Statement 80 line items

Line Item	Tag	Value	Unit	Period
Rental revenues and tenant expense reimbursements	`OperatingLeaseLeaseIncome`	$82.92M	USD	1 Quarter
Rental revenues and tenant expense reimbursements	`OperatingLeaseLeaseIncome`	$200.21M	USD	3 Qtrs
Rental revenues and tenant expense reimbursements	`OperatingLeaseLeaseIncome`	$237.11M	USD	3 Qtrs
Rental revenues and tenant expense reimbursements	`OperatingLeaseLeaseIncome`	$70.80M	USD	1 Quarter
Total revenues	`Revenues`	$237.11M	USD	3 Qtrs
Total revenues	`Revenues`	$82.92M	USD	1 Quarter
Total revenues	`Revenues`	$200.21M	USD	3 Qtrs
Total revenues	`Revenues`	$70.80M	USD	1 Quarter
Property operating expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$49.82M	USD	3 Qtrs
Property operating expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$20.47M	USD	1 Quarter
Property operating expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$57.44M	USD	3 Qtrs
Property operating expenses	`OperatingLeaseInitialDirectCostExpenseOverTerm`	$17.14M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$54.64M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$47.23M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$16.96M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$18.25M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$23.00M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$9.12M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$8.14M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$28.20M	USD	3 Qtrs
Acquisition costs and other	`BusinessCombinationAcquisitionRelatedCosts`	$126.00K	USD	3 Qtrs
Acquisition costs and other	`BusinessCombinationAcquisitionRelatedCosts`	$1.09M	USD	3 Qtrs
Acquisition costs and other	`BusinessCombinationAcquisitionRelatedCosts`	$36.00K	USD	1 Quarter
Acquisition costs and other	`BusinessCombinationAcquisitionRelatedCosts`	$51.00K	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$42.27M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$47.88M	USD	1 Quarter
Total costs and expenses	`CostsAndExpenses`	$121.14M	USD	3 Qtrs
Total costs and expenses	`CostsAndExpenses`	$140.40M	USD	3 Qtrs
Interest and other income	`InterestAndOtherIncome`	$411.00K	USD	3 Qtrs
Interest and other income	`InterestAndOtherIncome`	$4.03M	USD	3 Qtrs
Interest and other income	`InterestAndOtherIncome`	$175.00K	USD	1 Quarter
Interest and other income	`InterestAndOtherIncome`	$1.09M	USD	1 Quarter
Interest expense, including amortization	`InterestExpense`	$6.26M	USD	1 Quarter
Interest expense, including amortization	`InterestExpense`	$16.39M	USD	3 Qtrs
Interest expense, including amortization	`InterestExpense`	$19.09M	USD	3 Qtrs
Interest expense, including amortization	`InterestExpense`	$5.81M	USD	1 Quarter
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	$76.05M	USD	3 Qtrs
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	-	USD	1 Quarter
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	$12.26M	USD	3 Qtrs
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	-	USD	1 Quarter
Total other (expense) income	`NonoperatingIncomeExpense`	$-6.09M	USD	1 Quarter
Total other (expense) income	`NonoperatingIncomeExpense`	$-4.72M	USD	1 Quarter
Total other (expense) income	`NonoperatingIncomeExpense`	$-2.80M	USD	3 Qtrs
Total other (expense) income	`NonoperatingIncomeExpense`	$60.07M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$97.03M	USD	1 Quarter
Net income	`NetIncomeLoss`	$30.32M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$139.13M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$23.33M	USD	1 Quarter
Net income	`NetIncomeLoss`	$93.90M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$22.44M	USD	1 Quarter
Net income	`NetIncomeLoss`	$40.25M	USD	1 Quarter
Allocation to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$150.00K	USD	1 Quarter
Allocation to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$437.00K	USD	3 Qtrs
Allocation to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$583.00K	USD	3 Qtrs
Allocation to participating securities	`UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic`	$107.00K	USD	1 Quarter
Net income available to common stockholders - basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$30.16M	USD	1 Quarter
Net income available to common stockholders - basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$22.33M	USD	1 Quarter
Net income available to common stockholders - basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$138.55M	USD	3 Qtrs
Net income available to common stockholders - basic	`NetIncomeLossAvailableToCommonStockholdersBasic`	$93.46M	USD	3 Qtrs
Net income available to common stockholders - diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$22.33M	USD	1 Quarter
Net income available to common stockholders - diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$138.55M	USD	3 Qtrs
Net income available to common stockholders - diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$93.46M	USD	3 Qtrs
Net income available to common stockholders - diluted	`NetIncomeLossAvailableToCommonStockholdersDiluted`	$30.16M	USD	1 Quarter
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 - basic (in dollars per share)	`EarningsPerShareBasic`	$0.36	USD	1 Quarter
Net income available to common stockholders - basic (in dollars per share)	`EarningsPerShareBasic`	$1.13	USD	3 Qtrs
Net income available to common stockholders - diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.36	USD	1 Quarter
Net income available to common stockholders - diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.13	USD	3 Qtrs
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`	84.04M	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`	82.37M	shares	3 Qtrs
BASIC WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	75.50M	shares	1 Quarter
DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	82.60M	shares	3 Qtrs
DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	75.59M	shares	1 Quarter
DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	84.27M	shares	1 Quarter
DILUTED WEIGHTED AVERAGE COMMON SHARES OUTSTANDING (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	75.40M	shares	3 Qtrs

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$97.03M	USD	1 Quarter
Net income	`NetIncomeLoss`	$30.32M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$139.13M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$23.33M	USD	1 Quarter
Net income	`NetIncomeLoss`	$93.90M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$22.44M	USD	1 Quarter
Net income	`NetIncomeLoss`	$40.25M	USD	1 Quarter
Straight-line rents	`StraightLineRent`	$7.33M	USD	3 Qtrs
Straight-line rents	`StraightLineRent`	$6.51M	USD	3 Qtrs
Amortization of lease intangibles	`AmortizationOfLeaseIntangibles`	$10.81M	USD	3 Qtrs
Amortization of lease intangibles	`AmortizationOfLeaseIntangibles`	$10.68M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$54.64M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$47.23M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$16.96M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$18.25M	USD	1 Quarter
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	$76.05M	USD	3 Qtrs
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	-	USD	1 Quarter
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	$12.26M	USD	3 Qtrs
Gain on sales of real estate investments	`GainLossOnSaleOfProperties`	-	USD	1 Quarter
Deferred financing cost amortization	`AmortizationOfFinancingCostsAndDiscounts`	$988.00K	USD	3 Qtrs
Deferred financing cost amortization	`AmortizationOfFinancingCostsAndDiscounts`	$1.16M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$10.12M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$7.52M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$4.45M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-543.00K	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$14.71M	USD	3 Qtrs
Accounts payable and other liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$7.79M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$140.63M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$109.02M	USD	3 Qtrs
Cash paid for property acquisitions	`PaymentsToAcquireBuildings`	$392.50M	USD	3 Qtrs
Cash paid for property acquisitions	`PaymentsToAcquireBuildings`	$344.83M	USD	3 Qtrs
Proceeds from sales of real estate investments, net	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$106.83M	USD	3 Qtrs
Proceeds from sales of real estate investments, net	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$24.59M	USD	3 Qtrs
Additions to construction in progress	`PaymentsForConstructionInProcess`	$72.45M	USD	3 Qtrs
Additions to construction in progress	`PaymentsForConstructionInProcess`	$24.98M	USD	3 Qtrs
Additions to buildings, improvements and leasing costs	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$50.83M	USD	3 Qtrs
Additions to buildings, improvements and leasing costs	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$39.27M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-313.80M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-479.64M	USD	3 Qtrs
Issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$512.90M	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`	$2.74M	USD	3 Qtrs
Repurchase of common stock related to employee awards	`PaymentsForRepurchaseOfCommonStock`	$1.50M	USD	3 Qtrs
Repurchase of common stock related to employee awards	`PaymentsForRepurchaseOfCommonStock`	$1.01M	USD	3 Qtrs
Borrowings on credit facility	`ProceedsFromLinesOfCredit`	$49.00M	USD	3 Qtrs
Borrowings on credit facility	`ProceedsFromLinesOfCredit`	$162.00M	USD	3 Qtrs
Payments on credit facility	`RepaymentsOfLinesOfCredit`	$152.00M	USD	3 Qtrs
Payments on credit facility	`RepaymentsOfLinesOfCredit`	$49.00M	USD	3 Qtrs
Borrowings on term loans payable	`ProceedsFromIssuanceOfSecuredDebt`	$100.00M	USD	3 Qtrs
Borrowings on term loans payable	`ProceedsFromIssuanceOfSecuredDebt`	-	USD	3 Qtrs
Payments on senior unsecured notes	`RepaymentsOfUnsecuredDebt`	-	USD	3 Qtrs
Payments on senior unsecured notes	`RepaymentsOfUnsecuredDebt`	$50.00M	USD	3 Qtrs
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$80.00K	USD	3 Qtrs
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$1.50M	USD	3 Qtrs
Dividends paid to common stockholders	`PaymentsOfDividendsCommonStock`	$76.98M	USD	3 Qtrs
Dividends paid to common stockholders	`PaymentsOfDividendsCommonStock`	$97.43M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$10.98M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$411.15M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-193.80M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$72.14M	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`	$28.08M	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`	$100.22M	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`	$28.08M	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`	$100.22M	USD	Point-in-time
Cash paid for interest, net of capitalized interest	`InterestPaidNet`	$24.16M	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`	$29.44M	USD	3 Qtrs
Non-cash issuance of common stock to the deferred compensation plan	`StockIssued1`	$11.79M	USD	3 Qtrs
Non-cash issuance of common stock to the deferred compensation plan	`StockIssued1`	$5.67M	USD	3 Qtrs
Acquisition of properties	`ReconciliationAcquisitionOfProperties`	$436.98M	USD	3 Qtrs
Acquisition of properties	`ReconciliationAcquisitionOfProperties`	$360.82M	USD	3 Qtrs
Assumption of other assets and liabilities	`AssumptionsOfOtherAssetsAndLiabilities`	$44.48M	USD	3 Qtrs
Assumption of other assets and liabilities	`AssumptionsOfOtherAssetsAndLiabilities`	$15.98M	USD	3 Qtrs
Net cash paid for property acquisitions	`PaymentsToAcquireBuildings`	$392.50M	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`	$1.44M	USD	1 Quarter
Issuance costs	`PaymentsOfStockIssuanceCosts`	$112.00K	USD	1 Quarter
Issuance costs	`PaymentsOfStockIssuanceCosts`	-	USD	1 Quarter
Issuance costs	`PaymentsOfStockIssuanceCosts`	$943.00K	USD	1 Quarter
Issuance costs	`PaymentsOfStockIssuanceCosts`	$822.00K	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`	$0.40	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`	$0.45	USD	1 Quarter
Beginning balance	`StockholdersEquity`	$2.74B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.15B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.60B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.65B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.13B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.06B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.23B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.05B	USD	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	76.46M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	84.87M	shares	Point-in-time
Net income	`NetIncomeLoss`	$97.03M	USD	1 Quarter
Net income	`NetIncomeLoss`	$30.32M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.66M	USD	1 Quarter
Net income	`NetIncomeLoss`	$139.13M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$23.33M	USD	1 Quarter
Net income	`NetIncomeLoss`	$93.90M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$22.44M	USD	1 Quarter
Net income	`NetIncomeLoss`	$40.25M	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	`StockIssuedDuringPeriodValueNewIssues`	$28.34M	USD	1 Quarter
Issuance of common stock, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$94.31M	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 (in shares)	`StockIssuedDuringPeriodSharesNewIssues`	444,512.00	shares	1 Quarter
Issuance of common stock, net of issuance costs (in shares)	`StockIssuedDuringPeriodSharesNewIssues`	471,599.00	shares	3 Qtrs
Common shares acquired related to employee awards	`StockRepurchasedDuringPeriodValue`	$493.00K	USD	1 Quarter
Common shares acquired related to employee awards	`StockRepurchasedDuringPeriodValue`	$773.00K	USD	1 Quarter
Common shares acquired related to employee awards	`StockRepurchasedDuringPeriodValue`	$518.00K	USD	1 Quarter
Common shares acquired related to employee awards	`StockRepurchasedDuringPeriodValue`	$627.00K	USD	1 Quarter
Common shares acquired related to employee awards	`StockRepurchasedDuringPeriodValue`	$105.00K	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.81M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.83M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.28M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.04M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.68M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.01M	USD	1 Quarter
Common stock dividends	`DividendsCommonStockCash`	$33.47M	USD	1 Quarter
Common stock dividends	`DividendsCommonStockCash`	$25.69M	USD	1 Quarter
Common stock dividends	`DividendsCommonStockCash`	$38.42M	USD	1 Quarter
Common stock dividends	`DividendsCommonStockCash`	$33.21M	USD	1 Quarter
Common stock dividends	`DividendsCommonStockCash`	$25.68M	USD	1 Quarter
Common stock dividends	`DividendsCommonStockCash`	$30.43M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$2.74B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.15B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.60B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.65B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.13B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.06B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.23B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.05B	USD	Point-in-time
Ending Balance (in shares)	`CommonStockSharesOutstanding`	76.46M	shares	Point-in-time
Ending Balance (in shares)	`CommonStockSharesOutstanding`	84.87M	shares	Point-in-time

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