10-Q Filing

GLOBAL NET LEASE, INC. CIK: 1526113 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0001526113-14-000017`
Period End Date	20140630
Filing Date	20140811
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	ck0001526113-20140630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 84 Cash Flow Statement 78 Stockholders Equity 16

Balance Sheet 78 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (usd per share)	`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
Land	`RealEstateAndAccumulatedDepreciationInitialCostOfLand`	$44.65M	USD	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`	$139.99M	USD	Point-in-time
Buildings, fixtures and improvements	`RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements`	$447.09M	USD	Point-in-time
Buildings, fixtures and improvements	`RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements`	$104.36M	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 (usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Acquired intangible lease assets	`FiniteLivedIntangibleAssetAcquiredInPlaceLeases`	$47.90M	USD	Point-in-time
Acquired intangible lease assets	`FiniteLivedIntangibleAssetAcquiredInPlaceLeases`	$230.81M	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total real estate investments, at cost	`RealEstateInvestmentPropertyAtCost`	$817.89M	USD	Point-in-time
Total real estate investments, at cost	`RealEstateInvestmentPropertyAtCost`	$196.91M	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	150.00M	shares	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Less accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$2.31M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	172.34M	shares	Point-in-time
Less accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$15.24M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	15.67M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	15.67M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	172.34M	shares	Point-in-time
Total real estate investments, net	`RealEstateInvestmentPropertyNet`	$802.65M	USD	Point-in-time
Total real estate investments, net	`RealEstateInvestmentPropertyNet`	$194.60M	USD	Point-in-time
Cash and cash equivalents	`Cash`	$11.50M	USD	Point-in-time
Cash and cash equivalents	`Cash`	$262.00K	USD	Point-in-time
Cash and cash equivalents	`Cash`	$28.07M	USD	Point-in-time
Cash and cash equivalents	`Cash`	$936.54M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$737.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$2.01M	USD	Point-in-time
Derivatives, at fair value	`DerivativeAssets`	$1.03M	USD	Point-in-time
Derivatives, at fair value	`DerivativeAssets`	$734.00K	USD	Point-in-time
Receivable for sale of common stock	`CommonStockShareSubscribedButUnissuedSubscriptionsReceivable`	$1.77M	USD	Point-in-time
Receivable for sale of common stock	`CommonStockShareSubscribedButUnissuedSubscriptionsReceivable`	$1.76M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$3.45M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$9.37M	USD	Point-in-time
Deferred offering costs, net	`DeferredCostsCurrentAndNoncurrent`	$9.32M	USD	Point-in-time
Deferred offering costs, net	`DeferredCostsCurrentAndNoncurrent`	$2.13M	USD	Point-in-time
Total assets	`Assets`	$214.93M	USD	Point-in-time
Total assets	`Assets`	$1.76B	USD	Point-in-time
Mortgage notes payable	`SecuredDebt`	$76.90M	USD	Point-in-time
Mortgage notes payable	`SecuredDebt`	$179.62M	USD	Point-in-time
Mortgage premium, net	`PremiumonMortgageNotesAssumed`	$1.42M	USD	Point-in-time
Mortgage premium, net	`PremiumonMortgageNotesAssumed`	$1.66M	USD	Point-in-time
Credit facility	`LineOfCredit`	-	USD	Point-in-time
Credit facility	`LineOfCredit`	$71.63M	USD	Point-in-time
Below-market lease liability, net	`OffMarketLeaseUnfavorable`	$5.85M	USD	Point-in-time
Below-market lease liability, net	`OffMarketLeaseUnfavorable`	$8.83M	USD	Point-in-time
Derivatives, at fair value	`DerivativeFairValueOfDerivativeLiability`	$2.56M	USD	Point-in-time
Derivatives, at fair value	`DerivativeFairValueOfDerivativeLiability`	$7.98M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$8.36M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$2.52M	USD	Point-in-time
Deferred rent	`DeferredRevenueLeasesGross`	$1.86M	USD	Point-in-time
Deferred rent	`DeferredRevenueLeasesGross`	$6.70M	USD	Point-in-time
Distributions payable	`DividendsPayableCurrentAndNoncurrent`	$840.00K	USD	Point-in-time
Distributions payable	`DividendsPayableCurrentAndNoncurrent`	$9.03M	USD	Point-in-time
Total liabilities	`Liabilities`	$293.56M	USD	Point-in-time
Total liabilities	`Liabilities`	$92.21M	USD	Point-in-time
Preferred stock, $0.01 par value, 50,000,000 authorized, none issued and outstanding at June 30, 2014 and December 31, 2013	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value, 50,000,000 authorized, none issued and outstanding at June 30, 2014 and December 31, 2013	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value, 300,000,000 shares authorized, 172,338,258 and 15,665,827 shares issued and outstanding at June 30, 2014 and December 31, 2013, respectively	`CommonStockValue`	$1.72M	USD	Point-in-time
Common stock, $0.01 par value, 300,000,000 shares authorized, 172,338,258 and 15,665,827 shares issued and outstanding at June 30, 2014 and December 31, 2013, respectively	`CommonStockValue`	$157.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$133.59M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.53B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$181.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$319.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-11.35M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-62.14M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.47B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$122.72M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$214.93M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.76B	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Rental income	`OperatingLeasesIncomeStatementLeaseRevenue`	$200.00K	USD	1 Quarter
Rental income	`OperatingLeasesIncomeStatementLeaseRevenue`	$13.22M	USD	1 Quarter
Rental income	`OperatingLeasesIncomeStatementLeaseRevenue`	$242.00K	USD	2 Qtrs
Rental income	`OperatingLeasesIncomeStatementLeaseRevenue`	$20.54M	USD	2 Qtrs
Operating expense reimbursements	`TenantReimbursements`	$405.00K	USD	1 Quarter
Operating expense reimbursements	`TenantReimbursements`	-	USD	1 Quarter
Operating expense reimbursements	`TenantReimbursements`	$637.00K	USD	2 Qtrs
Operating expense reimbursements	`TenantReimbursements`	$3.00K	USD	2 Qtrs
Total revenues	`Revenues`	$200.00K	USD	1 Quarter
Total revenues	`Revenues`	$245.00K	USD	2 Qtrs
Total revenues	`Revenues`	$13.63M	USD	1 Quarter
Total revenues	`Revenues`	$21.18M	USD	2 Qtrs
Property operating	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	-	USD	2 Qtrs
Property operating	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$786.00K	USD	1 Quarter
Property operating	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	-	USD	1 Quarter
Property operating	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$1.02M	USD	2 Qtrs
Operating fees to affiliate	`AssetManagementCosts`	$5.00K	USD	2 Qtrs
Operating fees to affiliate	`AssetManagementCosts`	$202.00K	USD	2 Qtrs
Operating fees to affiliate	`AssetManagementCosts`	$139.00K	USD	1 Quarter
Operating fees to affiliate	`AssetManagementCosts`	$5.00K	USD	1 Quarter
Acquisition and transaction related	`BusinessCombinationAcquisitionRelatedCosts`	$24.76M	USD	2 Qtrs
Acquisition and transaction related	`BusinessCombinationAcquisitionRelatedCosts`	$8.24M	USD	1 Quarter
Acquisition and transaction related	`BusinessCombinationAcquisitionRelatedCosts`	$1.32M	USD	1 Quarter
Acquisition and transaction related	`BusinessCombinationAcquisitionRelatedCosts`	$1.32M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$11.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$2.51M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$15.00K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$1.53M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$7.64M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$124.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$11.99M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$154.00K	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$18.34M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$1.49M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$40.48M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$1.46M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-4.72M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-19.31M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-1.25M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-1.26M	USD	1 Quarter
Interest expense	`InterestExpense`	$65.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$4.30M	USD	2 Qtrs
Interest expense	`InterestExpense`	$52.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$2.61M	USD	1 Quarter
(Losses) gains on foreign currency	`ForeignCurrencyTransactionGainLossBeforeTax`	$-19.00K	USD	2 Qtrs
(Losses) gains on foreign currency	`ForeignCurrencyTransactionGainLossBeforeTax`	$18.00K	USD	2 Qtrs
(Losses) gains on foreign currency	`ForeignCurrencyTransactionGainLossBeforeTax`	$-26.00K	USD	1 Quarter
(Losses) gains on foreign currency	`ForeignCurrencyTransactionGainLossBeforeTax`	$18.00K	USD	1 Quarter
Loss on derivative instruments	`GainLossOnDerivativeInstrumentsNetPretax`	$-171.00K	USD	1 Quarter
Loss on derivative instruments	`GainLossOnDerivativeInstrumentsNetPretax`	$-250.00K	USD	2 Qtrs
Loss on derivative instruments	`GainLossOnDerivativeInstrumentsNetPretax`	-	USD	1 Quarter
Loss on derivative instruments	`GainLossOnDerivativeInstrumentsNetPretax`	-	USD	2 Qtrs
Other income	`OtherNonoperatingIncome`	-	USD	2 Qtrs
Other income	`OtherNonoperatingIncome`	$48.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	-	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	$55.00K	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-2.76M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-34.00K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-4.52M	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-47.00K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-7.48M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.30M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-1.29M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-23.83M	USD	2 Qtrs
Cumulative translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$3.48M	USD	1 Quarter
Cumulative translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$4.73M	USD	2 Qtrs
Cumulative translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-248.00K	USD	2 Qtrs
Cumulative translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-168.00K	USD	1 Quarter
Designated derivatives, fair value adjustments	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-2.01M	USD	1 Quarter
Designated derivatives, fair value adjustments	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$346.00K	USD	1 Quarter
Designated derivatives, fair value adjustments	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-4.87M	USD	2 Qtrs
Designated derivatives, fair value adjustments	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$450.00K	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-23.97M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-1.09M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-1.12M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-6.01M	USD	1 Quarter
Basic and diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.76M	shares	1 Quarter
Basic and diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	111.82M	shares	1 Quarter
Basic and diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	1.60M	shares	2 Qtrs
Basic and diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	74.92M	shares	2 Qtrs
Basic and diluted net loss per share (usd per share)	`EarningsPerShareBasicAndDiluted`	$-0.47	USD	1 Quarter
Basic and diluted net loss per share (usd per share)	`EarningsPerShareBasicAndDiluted`	$-0.32	USD	2 Qtrs
Basic and diluted net loss per share (usd per share)	`EarningsPerShareBasicAndDiluted`	$-0.07	USD	1 Quarter
Basic and diluted net loss per share (usd per share)	`EarningsPerShareBasicAndDiluted`	$-0.81	USD	2 Qtrs

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-7.48M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.30M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-1.29M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-23.83M	USD	2 Qtrs
Depreciation	`Depreciation`	$6.68M	USD	2 Qtrs
Depreciation	`Depreciation`	$70.00K	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$84.00K	USD	2 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$5.31M	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$8.00K	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$806.00K	USD	2 Qtrs
Amortization of mortgage premium	`AmortizationOfDebtDiscountPremium`	-	USD	2 Qtrs
Amortization of mortgage premium	`AmortizationOfDebtDiscountPremium`	$-248.00K	USD	2 Qtrs
Accretion of below-market lease liability and amortization of above-market lease assets, net	`AccretionOfBelowMarketLeaseLiabilitiesAndAmortizationOfAboveMarketLeaseAssetsNet`	$414.00K	USD	2 Qtrs
Accretion of below-market lease liability and amortization of above-market lease assets, net	`AccretionOfBelowMarketLeaseLiabilitiesAndAmortizationOfAboveMarketLeaseAssetsNet`	$25.00K	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$27.00K	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$8.00K	USD	2 Qtrs
Net realized and unrealized mark-to-market transactions	`NetRealizedandUnrealizedGainLossonMarktoMarket`	-	USD	2 Qtrs
Net realized and unrealized mark-to-market transactions	`NetRealizedandUnrealizedGainLossonMarktoMarket`	$250.00K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$886.00K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$705.00K	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$5.86M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$408.00K	USD	2 Qtrs
Deferred rent	`IncreaseDecreaseInDeferredRevenue`	$4.84M	USD	2 Qtrs
Deferred rent	`IncreaseDecreaseInDeferredRevenue`	$315.00K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.08M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-769.00K	USD	2 Qtrs
Investment in real estate and other assets	`PaymentsToAcquireRealEstate`	$514.08M	USD	2 Qtrs
Investment in real estate and other assets	`PaymentsToAcquireRealEstate`	$9.05M	USD	2 Qtrs
Deposits for real estate acquisitions	`PaymentsForDepositsOnRealEstateAcquisitions`	$500.00K	USD	2 Qtrs
Deposits for real estate acquisitions	`PaymentsForDepositsOnRealEstateAcquisitions`	$5.48M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-9.55M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-519.57M	USD	2 Qtrs
Borrowings under credit facility	`ProceedsFromLinesOfCredit`	-	USD	2 Qtrs
Borrowings under credit facility	`ProceedsFromLinesOfCredit`	$91.20M	USD	2 Qtrs
Repayments on credit facility	`RepaymentsOfLinesOfCredit`	$19.57M	USD	2 Qtrs
Repayments on credit facility	`RepaymentsOfLinesOfCredit`	-	USD	2 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	$13.12M	USD	2 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	-	USD	2 Qtrs
Proceeds from notes payable	`RepaymentsOfNotesPayable`	$13.12M	USD	2 Qtrs
Proceeds from notes payable	`RepaymentsOfNotesPayable`	-	USD	2 Qtrs
Payments on mortgage notes payable	`RepaymentsOfSecuredDebt`	$338.00K	USD	2 Qtrs
Payments on mortgage notes payable	`RepaymentsOfSecuredDebt`	-	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$45.93M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$154.20M	USD	10 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.71B	USD	12 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.55B	USD	2 Qtrs
Payments of offering costs	`PaymentsOfStockIssuanceCosts`	$6.53M	USD	2 Qtrs
Payments of offering costs	`PaymentsOfStockIssuanceCosts`	$159.28M	USD	2 Qtrs
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$317.00K	USD	2 Qtrs
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$7.99M	USD	2 Qtrs
Distributions paid	`PaymentsOfDividends`	$8.55M	USD	2 Qtrs
Distributions paid	`PaymentsOfDividends`	$236.00K	USD	2 Qtrs
Advances from affiliates, net	`ProceedsFromContributionsFromAffiliates`	$-238.00K	USD	2 Qtrs
Advances from affiliates, net	`ProceedsFromContributionsFromAffiliates`	$459.00K	USD	2 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCash`	-	USD	2 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCash`	$1.27M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.44B	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$38.61M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashPeriodIncreaseDecrease`	$921.32M	USD	2 Qtrs
Net change in cash and cash equivalents	`CashPeriodIncreaseDecrease`	$27.98M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$3.72M	USD	2 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-172.00K	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`Cash`	$11.50M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`Cash`	$262.00K	USD	Point-in-time
Cash and cash equivalents, beginning of period	`Cash`	$28.07M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`Cash`	$936.54M	USD	Point-in-time
Cash and cash equivalents, end of period	`Cash`	$11.50M	USD	Point-in-time
Cash and cash equivalents, end of period	`Cash`	$262.00K	USD	Point-in-time
Cash and cash equivalents, end of period	`Cash`	$28.07M	USD	Point-in-time
Cash and cash equivalents, end of period	`Cash`	$936.54M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$25.00K	USD	2 Qtrs
Cash paid for interest	`InterestPaid`	$2.40M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$9.00K	USD	2 Qtrs
Mortgage note payable used to acquire investments in real estate	`NoncashorPartNoncashMortgageNotesPayableSecuredInConnectionWithTheAcquisitionOfRealEstate`	$9.04M	USD	2 Qtrs
Mortgage note payable used to acquire investments in real estate	`NoncashorPartNoncashMortgageNotesPayableSecuredInConnectionWithTheAcquisitionOfRealEstate`	$101.88M	USD	2 Qtrs
Common stock issued through distribution reinvestment plan	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$105.00K	USD	2 Qtrs
Common stock issued through distribution reinvestment plan	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$10.22M	USD	2 Qtrs

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$1.47B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$122.72M	USD	Point-in-time
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$1.55B	USD	2 Qtrs
Common stock offering costs, commissions and dealer manager fees	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$159.82M	USD	2 Qtrs
Common stock repurchases	`StockRedeemedOrCalledDuringPeriodValue`	$113.00K	USD	2 Qtrs
Common stock issued through distribution reinvestment plan	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$105.00K	USD	2 Qtrs
Common stock issued through distribution reinvestment plan	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$10.22M	USD	2 Qtrs
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$27.00K	USD	2 Qtrs
Distributions declared	`Dividends`	$26.96M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-7.48M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.30M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-1.29M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-23.83M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-138.00K	USD	2 Qtrs
Ending Balance	`StockholdersEquity`	$1.47B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$122.72M	USD	Point-in-time

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