10-Q Filing

GLOBAL NET LEASE, INC. CIK: 1526113 Q3 2014

Filing Information

Form Type	10-Q
Accession Number	`0001526113-14-000019`
Period End Date	20140930
Filing Date	20141114
Fiscal Year	2014
Fiscal Period	Q3
XBRL Instance	arct-20140930.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	`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
Land	`RealEstateAndAccumulatedDepreciationInitialCostOfLand`	$249.50M	USD	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
Buildings, fixtures and improvements	`RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements`	$104.36M	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Buildings, fixtures and improvements	`RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements`	$1.02B	USD	Point-in-time
Preferred stock, outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Acquired intangible lease assets	`FiniteLivedIntangibleAssetAcquiredInPlaceLeases`	$429.62M	USD	Point-in-time
Acquired intangible lease assets	`FiniteLivedIntangibleAssetAcquiredInPlaceLeases`	$47.90M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.01	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
Common stock, authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Total real estate investments, at cost	`RealEstateInvestmentPropertyAtCost`	$196.91M	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	300.00M	shares	Point-in-time
Total real estate investments, at cost	`RealEstateInvestmentPropertyAtCost`	$1.69B	USD	Point-in-time
Less accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$30.34M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	15.67M	shares	Point-in-time
Less accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$2.31M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	176.21M	shares	Point-in-time
Total real estate investments, net	`RealEstateInvestmentPropertyNet`	$194.60M	USD	Point-in-time
Total real estate investments, net	`RealEstateInvestmentPropertyNet`	$1.66B	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	15.67M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	176.21M	shares	Point-in-time
Cash and cash equivalents	`Cash`	$262.00K	USD	Point-in-time
Cash and cash equivalents	`Cash`	$14.58M	USD	Point-in-time
Cash and cash equivalents	`Cash`	$263.95M	USD	Point-in-time
Cash and cash equivalents	`Cash`	$11.50M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$7.19M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$737.00K	USD	Point-in-time
Derivatives, at fair value	`DerivativeAssets`	$734.00K	USD	Point-in-time
Derivatives, at fair value	`DerivativeAssets`	$4.06M	USD	Point-in-time
Receivable for sale of common stock	`CommonStockShareSubscribedButUnissuedSubscriptionsReceivable`	$1.77M	USD	Point-in-time
Receivable for sale of common stock	`CommonStockShareSubscribedButUnissuedSubscriptionsReceivable`	$2.00K	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$15.50M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$3.45M	USD	Point-in-time
Deferred costs, net	`DeferredCostsCurrentAndNoncurrent`	$10.25M	USD	Point-in-time
Deferred costs, net	`DeferredCostsCurrentAndNoncurrent`	$2.13M	USD	Point-in-time
Total assets	`Assets`	$1.97B	USD	Point-in-time
Total assets	`Assets`	$214.93M	USD	Point-in-time
Mortgage notes payable	`SecuredDebt`	$76.90M	USD	Point-in-time
Mortgage notes payable	`SecuredDebt`	$172.48M	USD	Point-in-time
Mortgage premium, net	`PremiumonMortgageNotesAssumed`	$1.66M	USD	Point-in-time
Mortgage premium, net	`PremiumonMortgageNotesAssumed`	$1.29M	USD	Point-in-time
Credit facility	`LineOfCredit`	-	USD	Point-in-time
Credit facility	`LineOfCredit`	$299.75M	USD	Point-in-time
Below-market lease liability, net	`OffMarketLeaseUnfavorable`	$8.74M	USD	Point-in-time
Below-market lease liability, net	`OffMarketLeaseUnfavorable`	$5.85M	USD	Point-in-time
Derivatives, at fair value	`DerivativeFairValueOfDerivativeLiability`	$3.52M	USD	Point-in-time
Derivatives, at fair value	`DerivativeFairValueOfDerivativeLiability`	$2.56M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$2.52M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$9.62M	USD	Point-in-time
Deferred rent	`DeferredRevenueLeasesGross`	$1.86M	USD	Point-in-time
Deferred rent	`DeferredRevenueLeasesGross`	$18.11M	USD	Point-in-time
Distributions payable	`DividendsPayableCurrentAndNoncurrent`	$10.27M	USD	Point-in-time
Distributions payable	`DividendsPayableCurrentAndNoncurrent`	$840.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$523.78M	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 September 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 September 30, 2014 and December 31, 2013	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value, 300,000,000 shares authorized, 176,205,356 and 15,665,827 shares issued and outstanding at September 30, 2014 and December 31, 2013, respectively	`CommonStockValue`	$157.00K	USD	Point-in-time
Common stock, $0.01 par value, 300,000,000 shares authorized, 176,205,356 and 15,665,827 shares issued and outstanding at September 30, 2014 and December 31, 2013, respectively	`CommonStockValue`	$1.76M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.56B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$133.59M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$319.00K	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-448.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-118.14M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-11.35M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.44B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$122.72M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$1.97B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$214.93M	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Rental income	`OperatingLeasesIncomeStatementLeaseRevenue`	$25.40M	USD	1 Quarter
Rental income	`OperatingLeasesIncomeStatementLeaseRevenue`	$1.46M	USD	3 Qtrs
Rental income	`OperatingLeasesIncomeStatementLeaseRevenue`	$45.94M	USD	3 Qtrs
Rental income	`OperatingLeasesIncomeStatementLeaseRevenue`	$1.22M	USD	1 Quarter
Operating expense reimbursements	`TenantReimbursements`	$11.00K	USD	1 Quarter
Operating expense reimbursements	`TenantReimbursements`	$502.00K	USD	1 Quarter
Operating expense reimbursements	`TenantReimbursements`	$14.00K	USD	3 Qtrs
Operating expense reimbursements	`TenantReimbursements`	$1.14M	USD	3 Qtrs
Total revenues	`Revenues`	$1.48M	USD	3 Qtrs
Total revenues	`Revenues`	$1.23M	USD	1 Quarter
Total revenues	`Revenues`	$47.08M	USD	3 Qtrs
Total revenues	`Revenues`	$25.90M	USD	1 Quarter
Property operating	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$14.00K	USD	1 Quarter
Property operating	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$1.43M	USD	1 Quarter
Property operating	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$2.45M	USD	3 Qtrs
Property operating	`DirectCostsOfLeasedAndRentedPropertyOrEquipment`	$14.00K	USD	3 Qtrs
Operating fees to affiliate	`AssetManagementCosts`	$18.00K	USD	1 Quarter
Operating fees to affiliate	`AssetManagementCosts`	$219.00K	USD	1 Quarter
Operating fees to affiliate	`AssetManagementCosts`	$421.00K	USD	3 Qtrs
Operating fees to affiliate	`AssetManagementCosts`	$23.00K	USD	3 Qtrs
Acquisition and transaction related	`BusinessCombinationAcquisitionRelatedCosts`	$4.58M	USD	3 Qtrs
Acquisition and transaction related	`BusinessCombinationAcquisitionRelatedCosts`	$3.26M	USD	1 Quarter
Acquisition and transaction related	`BusinessCombinationAcquisitionRelatedCosts`	$53.88M	USD	3 Qtrs
Acquisition and transaction related	`BusinessCombinationAcquisitionRelatedCosts`	$29.12M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$34.00K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$742.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.25M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$19.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$15.13M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$684.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$27.12M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$838.00K	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$3.99M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$46.64M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$87.12M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$5.49M	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-20.74M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-40.05M	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-4.01M	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-2.76M	USD	1 Quarter
Interest expense	`InterestExpense`	$348.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$4.08M	USD	1 Quarter
Interest expense	`InterestExpense`	$413.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$8.38M	USD	3 Qtrs
(Losses) gains on foreign currency	`ForeignCurrencyTransactionGainLossBeforeTax`	$-737.00K	USD	1 Quarter
(Losses) gains on foreign currency	`ForeignCurrencyTransactionGainLossBeforeTax`	$-756.00K	USD	3 Qtrs
(Losses) gains on foreign currency	`ForeignCurrencyTransactionGainLossBeforeTax`	$35.00K	USD	3 Qtrs
(Losses) gains on foreign currency	`ForeignCurrencyTransactionGainLossBeforeTax`	$17.00K	USD	1 Quarter
Gains on derivative instruments	`GainLossOnDerivativeInstrumentsNetPretax`	$849.00K	USD	1 Quarter
Gains on derivative instruments	`GainLossOnDerivativeInstrumentsNetPretax`	-	USD	1 Quarter
Gains on derivative instruments	`GainLossOnDerivativeInstrumentsNetPretax`	-	USD	3 Qtrs
Gains on derivative instruments	`GainLossOnDerivativeInstrumentsNetPretax`	$599.00K	USD	3 Qtrs
Other income	`OtherNonoperatingIncome`	-	USD	3 Qtrs
Other income	`OtherNonoperatingIncome`	$203.00K	USD	3 Qtrs
Other income	`OtherNonoperatingIncome`	$148.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncome`	-	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-3.82M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-8.34M	USD	3 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-331.00K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-378.00K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-3.09M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-4.39M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-48.39M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-24.56M	USD	1 Quarter
Cumulative translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.40M	USD	3 Qtrs
Cumulative translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-2.54M	USD	3 Qtrs
Cumulative translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-7.27M	USD	1 Quarter
Cumulative translation adjustment	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$1.65M	USD	1 Quarter
Designated derivatives, fair value adjustments	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$1.77M	USD	3 Qtrs
Designated derivatives, fair value adjustments	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$6.64M	USD	1 Quarter
Designated derivatives, fair value adjustments	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-1.50M	USD	3 Qtrs
Designated derivatives, fair value adjustments	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax`	$-1.95M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-4.49M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-49.15M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-25.19M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-3.39M	USD	1 Quarter
Basic and diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	108.78M	shares	3 Qtrs
Basic and diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	175.40M	shares	1 Quarter
Basic and diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.43M	shares	3 Qtrs
Basic and diluted weighted average shares outstanding (in shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	7.02M	shares	1 Quarter
Basic and diluted net loss per share (usd per share)	`EarningsPerShareBasicAndDiluted`	$-0.44	USD	3 Qtrs
Basic and diluted net loss per share (usd per share)	`EarningsPerShareBasicAndDiluted`	$-1.28	USD	3 Qtrs
Basic and diluted net loss per share (usd per share)	`EarningsPerShareBasicAndDiluted`	$-0.14	USD	1 Quarter
Basic and diluted net loss per share (usd per share)	`EarningsPerShareBasicAndDiluted`	$-0.44	USD	1 Quarter

Cash Flow Statement 78 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-3.09M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-4.39M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-48.39M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-24.56M	USD	1 Quarter
Depreciation	`Depreciation`	$15.64M	USD	3 Qtrs
Depreciation	`Depreciation`	$331.00K	USD	3 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$11.48M	USD	3 Qtrs
Amortization of intangibles	`AmortizationOfIntangibleAssets`	$507.00K	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$105.00K	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$2.03M	USD	3 Qtrs
Amortization of mortgage premium	`AmortizationOfDebtDiscountPremium`	$-373.00K	USD	3 Qtrs
Amortization of mortgage premium	`AmortizationOfDebtDiscountPremium`	-	USD	3 Qtrs
Accretion of below-market lease liability and amortization of above-market lease assets, net	`AccretionOfBelowMarketLeaseLiabilitiesAndAmortizationOfAboveMarketLeaseAssetsNet`	$806.00K	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`	$98.00K	USD	3 Qtrs
Net realized and unrealized mark-to-market transactions	`NetRealizedandUnrealizedGainLossonMarktoMarket`	$-599.00K	USD	3 Qtrs
Net realized and unrealized mark-to-market transactions	`NetRealizedandUnrealizedGainLossonMarktoMarket`	-	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$737.00K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.51M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$861.00K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$6.92M	USD	3 Qtrs
Deferred rent	`IncreaseDecreaseInDeferredRevenue`	$16.24M	USD	3 Qtrs
Deferred rent	`IncreaseDecreaseInDeferredRevenue`	$883.00K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$352.00K	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`	$1.40B	USD	3 Qtrs
Deposits for real estate acquisitions	`PaymentsForDepositsOnRealEstateAcquisitions`	$500.00K	USD	3 Qtrs
Deposits for real estate acquisitions	`PaymentsForDepositsOnRealEstateAcquisitions`	$9.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.41B	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-53.61M	USD	3 Qtrs
Borrowings under credit facility	`ProceedsFromLinesOfCredit`	$328.86M	USD	3 Qtrs
Borrowings under credit facility	`ProceedsFromLinesOfCredit`	-	USD	3 Qtrs
Repayments on credit facility	`RepaymentsOfLinesOfCredit`	-	USD	3 Qtrs
Repayments on credit facility	`RepaymentsOfLinesOfCredit`	$19.57M	USD	3 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	$12.51M	USD	3 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	-	USD	3 Qtrs
Proceeds from notes payable	`RepaymentsOfNotesPayable`	-	USD	3 Qtrs
Proceeds from notes payable	`RepaymentsOfNotesPayable`	$12.51M	USD	3 Qtrs
Payments on mortgage notes payable	`RepaymentsOfSecuredDebt`	$505.00K	USD	3 Qtrs
Payments on mortgage notes payable	`RepaymentsOfSecuredDebt`	-	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.75B	USD	13 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$154.20M	USD	10 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$83.03M	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$1.57B	USD	3 Qtrs
Payments of offering costs	`PaymentsOfStockIssuanceCosts`	$10.86M	USD	3 Qtrs
Payments of offering costs	`PaymentsOfStockIssuanceCosts`	$167.63M	USD	3 Qtrs
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$1.84M	USD	3 Qtrs
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$10.14M	USD	3 Qtrs
Distributions paid	`PaymentsOfDividends`	$830.00K	USD	3 Qtrs
Distributions paid	`PaymentsOfDividends`	$21.64M	USD	3 Qtrs
Advances from affiliates, net	`ProceedsFromContributionsFromAffiliates`	$459.00K	USD	3 Qtrs
Advances from affiliates, net	`ProceedsFromContributionsFromAffiliates`	$-595.00K	USD	3 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCash`	-	USD	3 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCash`	$6.46M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$68.91M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.67B	USD	3 Qtrs
Net change in cash and cash equivalents	`CashPeriodIncreaseDecrease`	$264.45M	USD	3 Qtrs
Net change in cash and cash equivalents	`CashPeriodIncreaseDecrease`	$12.89M	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-12.00M	USD	3 Qtrs
Effect of exchange rate changes on cash	`EffectOfExchangeRateOnCashAndCashEquivalents`	$1.43M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`Cash`	$262.00K	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`	$263.95M	USD	Point-in-time
Cash and cash equivalents, beginning 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`	$14.58M	USD	Point-in-time
Cash and cash equivalents, end of period	`Cash`	$263.95M	USD	Point-in-time
Cash and cash equivalents, end of period	`Cash`	$11.50M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$99.00K	USD	3 Qtrs
Cash paid for interest	`InterestPaid`	$5.03M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	$277.00K	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Mortgage note payable used to acquire investments in real estate	`NoncashorPartNoncashMortgageNotesPayableSecuredInConnectionWithTheAcquisitionOfRealEstate`	$96.62M	USD	3 Qtrs
Mortgage note payable used to acquire investments in real estate	`NoncashorPartNoncashMortgageNotesPayableSecuredInConnectionWithTheAcquisitionOfRealEstate`	$30.42M	USD	3 Qtrs
Common stock issued through distribution reinvestment plan	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$27.34M	USD	3 Qtrs
Common stock issued through distribution reinvestment plan	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$546.00K	USD	3 Qtrs

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$1.44B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$122.72M	USD	Point-in-time
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$1.57B	USD	3 Qtrs
Common stock offering costs, commissions and dealer manager fees	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$168.21M	USD	3 Qtrs
Common stock repurchases	`StockRedeemedOrCalledDuringPeriodValue`	$277.00K	USD	3 Qtrs
Common stock issued through distribution reinvestment plan	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$27.34M	USD	3 Qtrs
Common stock issued through distribution reinvestment plan	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$546.00K	USD	3 Qtrs
Share-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$98.00K	USD	3 Qtrs
Distributions declared	`Dividends`	$58.41M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-3.09M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-4.39M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-48.39M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-24.56M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$-767.00K	USD	3 Qtrs
Ending Balance	`StockholdersEquity`	$1.44B	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.