10-Q Filing

GLOBAL NET LEASE, INC. CIK: 1526113 Q3 2013

Filing Information

Form Type	10-Q
Accession Number	`0001526113-13-000014`
Period End Date	20130930
Filing Date	20131113
Fiscal Year	2013
Fiscal Period	Q3
XBRL Instance	ck0001526113-20130930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 74 Cash Flow Statement 61 Stockholders Equity 15

Balance Sheet 72 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Land	`RealEstateAndAccumulatedDepreciationInitialCostOfLand`	$519.00K	USD	Point-in-time
Land	`RealEstateAndAccumulatedDepreciationInitialCostOfLand`	$18.59M	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Buildings, fixtures and improvements	`RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements`	$1.21M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Buildings, fixtures and improvements	`RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements`	$38.73M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Acquired intangible lease assets	`FiniteLivedIntangibleAssetAcquiredInPlaceLeases`	$32.70M	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Acquired intangible lease assets	`FiniteLivedIntangibleAssetAcquiredInPlaceLeases`	$856.00K	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	8.81M	shares	Point-in-time
Total real estate investments, at cost	`RealEstateInvestmentPropertyAtCost`	$2.58M	USD	Point-in-time
Total real estate investments, at cost	`RealEstateInvestmentPropertyAtCost`	$90.02M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	256,500.00	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	8.81M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	256,500.00	shares	Point-in-time
Less accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$30.00K	USD	Point-in-time
Less accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$948.00K	USD	Point-in-time
Total real estate investments, net	`RealEstateInvestmentPropertyNet`	$89.07M	USD	Point-in-time
Total real estate investments, net	`RealEstateInvestmentPropertyNet`	$2.56M	USD	Point-in-time
Cash and cash equivalents	`Cash`	-	USD	Point-in-time
Cash and cash equivalents	`Cash`	-	USD	Point-in-time
Cash and cash equivalents	`Cash`	$14.58M	USD	Point-in-time
Cash and cash equivalents	`Cash`	$262.00K	USD	Point-in-time
Derivatives, at fair value	`DerivativeAssets`	-	USD	Point-in-time
Derivatives, at fair value	`DerivativeAssets`	$310.00K	USD	Point-in-time
Receivable for sale of common stock	`CommonStockShareSubscribedButUnissuedSubscriptionsReceivable`	-	USD	Point-in-time
Receivable for sale of common stock	`CommonStockShareSubscribedButUnissuedSubscriptionsReceivable`	$429.00K	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$76.00K	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$1.31M	USD	Point-in-time
Deferred offering costs, net	`DeferredCostsCurrentAndNoncurrent`	$1.77M	USD	Point-in-time
Deferred offering costs, net	`DeferredCostsCurrentAndNoncurrent`	$40.00K	USD	Point-in-time
Total assets	`Assets`	$2.93M	USD	Point-in-time
Total assets	`Assets`	$107.48M	USD	Point-in-time
Mortgage notes payable	`SecuredDebt`	$1.23M	USD	Point-in-time
Mortgage notes payable	`SecuredDebt`	$31.64M	USD	Point-in-time
Below-market lease liability, net	`OffMarketLeaseUnfavorable`	-	USD	Point-in-time
Below-market lease liability, net	`OffMarketLeaseUnfavorable`	$3.87M	USD	Point-in-time
Derivatives, at fair value	`DerivativeFairValueOfDerivativeLiability`	$53.00K	USD	Point-in-time
Derivatives, at fair value	`DerivativeFairValueOfDerivativeLiability`	$1.86M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$1.45M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$2.43M	USD	Point-in-time
Deferred rent	`DeferredRevenueLeasesGross`	$883.00K	USD	Point-in-time
Deferred rent	`DeferredRevenueLeasesGross`	-	USD	Point-in-time
Distributions payable	`DividendsPayableCurrentAndNoncurrent`	$492.00K	USD	Point-in-time
Distributions payable	`DividendsPayableCurrentAndNoncurrent`	$15.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$3.73M	USD	Point-in-time
Total liabilities	`Liabilities`	$40.20M	USD	Point-in-time
Preferred stock, $0.01 par value, 50,000,000 authorized, none issued and outstanding at September 30, 2013 and December 31, 2012	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 50,000,000 authorized, none issued and outstanding at September 30, 2013 and December 31, 2012	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value, 300,000,000 shares authorized, 8,810,661 and 256,500 shares issued and outstanding at September 30, 2013 and December 31, 2012, respectively	`CommonStockValue`	$88.00K	USD	Point-in-time
Common stock, $0.01 par value, 300,000,000 shares authorized, 8,810,661 and 256,500 shares issued and outstanding at September 30, 2013 and December 31, 2012, respectively	`CommonStockValue`	$3.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$-311.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$74.02M	USD	Point-in-time
Accumulated other comprehensive loss	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$43.00K	USD	Point-in-time
Accumulated other comprehensive loss	`DevelopmentStageEnterpriseDeficitAccumulatedDuringDevelopmentStage`	$145.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-445.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-6.68M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$67.28M	USD	Point-in-time
Total stockholders' equity (deficit)	`StockholdersEquity`	$-796.00K	USD	Point-in-time
Total liabilities and stockholders' equity (deficit)	`LiabilitiesAndStockholdersEquity`	$107.48M	USD	Point-in-time
Total liabilities and stockholders' equity (deficit)	`LiabilitiesAndStockholdersEquity`	$2.93M	USD	Point-in-time

Income Statement 74 line items

Line Item	Tag	Value	Unit	Period
Rental income	`OperatingLeasesIncomeStatementLeaseRevenue`	$1.46M	USD	3 Qtrs
Rental income	`OperatingLeasesIncomeStatementLeaseRevenue`	-	USD	1 Quarter
Rental income	`OperatingLeasesIncomeStatementLeaseRevenue`	$1.22M	USD	1 Quarter
Rental income	`OperatingLeasesIncomeStatementLeaseRevenue`	-	USD	3 Qtrs
Operating expense reimbursements	`TenantReimbursements`	$14.00K	USD	3 Qtrs
Operating expense reimbursements	`TenantReimbursements`	-	USD	1 Quarter
Operating expense reimbursements	`TenantReimbursements`	-	USD	3 Qtrs
Operating expense reimbursements	`TenantReimbursements`	$11.00K	USD	1 Quarter
Total revenues	`Revenues`	$1.23M	USD	1 Quarter
Total revenues	`Revenues`	$1.48M	USD	3 Qtrs
Total revenues	`Revenues`	-	USD	3 Qtrs
Total revenues	`Revenues`	-	USD	1 Quarter
Property operating	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	-	USD	3 Qtrs
Property operating	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$14.00K	USD	1 Quarter
Property operating	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	-	USD	1 Quarter
Property operating	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$14.00K	USD	3 Qtrs
Operating fees to affiliate	`AssetManagementCosts`	-	USD	1 Quarter
Operating fees to affiliate	`AssetManagementCosts`	-	USD	3 Qtrs
Operating fees to affiliate	`AssetManagementCosts`	$23.00K	USD	3 Qtrs
Operating fees to affiliate	`AssetManagementCosts`	$18.00K	USD	1 Quarter
Acquisition and transaction related	`BusinessCombinationAcquisitionRelatedCosts`	$4.58M	USD	3 Qtrs
Acquisition and transaction related	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	1 Quarter
Acquisition and transaction related	`BusinessCombinationAcquisitionRelatedCosts`	$3.26M	USD	1 Quarter
Acquisition and transaction related	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$93.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$34.00K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$19.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$157.00K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	-	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$838.00K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$684.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	-	USD	1 Quarter
Total expenses	`OperatingExpenses`	$157.00K	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$3.99M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$5.49M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$93.00K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-4.01M	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-93.00K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-2.76M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-157.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	-	USD	3 Qtrs
Interest expense	`InterestExpense`	-	USD	1 Quarter
Interest expense	`InterestExpense`	$413.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$348.00K	USD	1 Quarter
Gains on foreign currency	`ForeignCurrencyTransactionGainLossBeforeTax`	-	USD	3 Qtrs
Gains on foreign currency	`ForeignCurrencyTransactionGainLossBeforeTax`	-	USD	1 Quarter
Gains on foreign currency	`ForeignCurrencyTransactionGainLossBeforeTax`	$35.00K	USD	3 Qtrs
Gains on foreign currency	`ForeignCurrencyTransactionGainLossBeforeTax`	$17.00K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	-	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-378.00K	USD	3 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-331.00K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	-	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-157.00K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-3.09M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-4.39M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-93.00K	USD	1 Quarter
Cumulative translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.65M	USD	1 Quarter
Cumulative translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.40M	USD	3 Qtrs
Cumulative translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	3 Qtrs
Cumulative translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	-	USD	1 Quarter
Designated derivatives, fair value adjustments	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-1.50M	USD	3 Qtrs
Designated derivatives, fair value adjustments	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	-	USD	3 Qtrs
Designated derivatives, fair value adjustments	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	-	USD	1 Quarter
Designated derivatives, fair value adjustments	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-1.95M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-3.39M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-157.00K	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-4.49M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-93.00K	USD	1 Quarter
Basic and diluted weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	22,222.00	shares	3 Qtrs
Basic and diluted weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	22,222.00	shares	1 Quarter
Basic and diluted weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	7.02M	shares	1 Quarter
Basic and diluted weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.43M	shares	3 Qtrs
Basic and diluted net loss per share	`EarningsPerShareBasicAndDiluted`	$-1.28	USD	3 Qtrs
Basic and diluted net loss per share	`EarningsPerShareBasicAndDiluted`	$-0.44	USD	1 Quarter

Cash Flow Statement 61 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-157.00K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-3.09M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-4.39M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-93.00K	USD	1 Quarter
Depreciation	`Depreciation`	$331.00K	USD	3 Qtrs
Depreciation	`Depreciation`	-	USD	3 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	-	USD	3 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$507.00K	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	-	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$105.00K	USD	3 Qtrs
Accretion of below-market lease liability and amortization of above-market lease assets, net	`AccretionOfBelowMarketLeaseLiabilitiesAndAmortizationOfAboveMarketLeaseAssetsNet`	-	USD	3 Qtrs
Accretion of below-market lease liability and amortization of above-market lease assets, net	`AccretionOfBelowMarketLeaseLiabilitiesAndAmortizationOfAboveMarketLeaseAssetsNet`	$21.00K	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$16.00K	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$7.00K	USD	3 Qtrs
Share-based compensation	`ShareBasedCompensation`	$4.00K	USD	1 Quarter
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$737.00K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$67.00K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$861.00K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-8.00K	USD	3 Qtrs
Deferred rent	`IncreaseDecreaseInDeferredRevenue`	-	USD	3 Qtrs
Deferred rent	`IncreaseDecreaseInDeferredRevenue`	$883.00K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-225.00K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.40M	USD	3 Qtrs
Investment in real estate and other assets	`PaymentsToAcquireRealEstate`	$53.11M	USD	3 Qtrs
Investment in real estate and other assets	`PaymentsToAcquireRealEstate`	-	USD	3 Qtrs
Deposits for real estate acquisitions	`PaymentsForDepositsOnRealEstateAcquisitions`	$500.00K	USD	3 Qtrs
Deposits for real estate acquisitions	`PaymentsForDepositsOnRealEstateAcquisitions`	-	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-53.61M	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$83.03M	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$86.25M	USD	9 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$2.20M	USD	6 Qtrs
Payments of offering costs	`PaymentsOfStockIssuanceCosts`	$416.00K	USD	3 Qtrs
Payments of offering costs	`PaymentsOfStockIssuanceCosts`	$10.86M	USD	3 Qtrs
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$1.84M	USD	3 Qtrs
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	-	USD	3 Qtrs
Distributions paid	`PaymentsOfDividends`	-	USD	3 Qtrs
Distributions paid	`PaymentsOfDividends`	$830.00K	USD	3 Qtrs
Advances from affiliates, net	`ProceedsFromContributionsFromAffiliates`	$641.00K	USD	3 Qtrs
Advances from affiliates, net	`ProceedsFromContributionsFromAffiliates`	$-595.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$225.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$68.91M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashPeriodIncreaseDecrease`	-	USD	3 Qtrs
Net change in cash and cash equivalents	`CashPeriodIncreaseDecrease`	$12.89M	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.43M	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	-	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`Cash`	-	USD	Point-in-time
Cash and cash equivalents, beginning of period	`Cash`	-	USD	Point-in-time
Cash and cash equivalents, beginning of period	`Cash`	$14.58M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`Cash`	$262.00K	USD	Point-in-time
Cash and cash equivalents, end of period	`Cash`	-	USD	Point-in-time
Cash and cash equivalents, end of period	`Cash`	-	USD	Point-in-time
Cash and cash equivalents, end of period	`Cash`	$14.58M	USD	Point-in-time
Cash and cash equivalents, end of period	`Cash`	$262.00K	USD	Point-in-time
Cash paid for interest	`InterestPaid`	-	USD	3 Qtrs
Cash paid for interest	`InterestPaid`	$99.00K	USD	3 Qtrs
Mortgage note payable used to acquire investments in real estate	`MortgageNotesPayableSecuredInConnectionWithAcquisitionOfRealEstate`	$30.42M	USD	3 Qtrs
Mortgage note payable used to acquire investments in real estate	`MortgageNotesPayableSecuredInConnectionWithAcquisitionOfRealEstate`	-	USD	3 Qtrs
Common stock issued through distribution reinvestment plan	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	-	USD	3 Qtrs
Common stock issued through distribution reinvestment plan	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$546.00K	USD	3 Qtrs

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$67.28M	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-796.00K	USD	Point-in-time
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$83.46M	USD	3 Qtrs
Common stock offering costs, commissions and dealer manager fees	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$-9.61M	USD	3 Qtrs
Common stock issued through distribution reinvestment plan	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	-	USD	3 Qtrs
Common stock issued through distribution reinvestment plan	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$546.00K	USD	3 Qtrs
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$16.00K	USD	3 Qtrs
Distributions declared	`Dividends`	$1.85M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-157.00K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-3.09M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-4.39M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-93.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-102.00K	USD	3 Qtrs
Ending Balance	`StockholdersEquity`	$67.28M	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-796.00K	USD	Point-in-time

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