10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001558370-15-000935 |
| Period End Date | 20150331 |
| Filing Date | 20150514 |
| Fiscal Year | 2015 |
| Fiscal Period | Q1 |
| XBRL Instance | c502-20150331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
69 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Accumulated amortization on financing and lease cost |
AccumulatedAmortizationDeferredFinanceCosts
|
$3.19M | USD | Point-in-time |
| Accumulated amortization on financing and lease cost |
AccumulatedAmortizationDeferredFinanceCosts
|
$2.98M | USD | Point-in-time |
| Real estate investments |
RealEstateInvestmentPropertyNet
|
$532.26M | USD | Point-in-time |
| Accumulated amortization on intangible assets |
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
$5.18M | USD | Point-in-time |
| Accumulated amortization on intangible assets |
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
$4.87M | USD | Point-in-time |
| Real estate investments |
RealEstateInvestmentPropertyNet
|
$545.92M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$5.79M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$643.00K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$6.95M | USD | Point-in-time |
| Accumulated amortization on unfavorable leases |
DeferredRevenueLeasesAccumulatedAmortization
|
$572.00K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$13.85M | USD | Point-in-time |
| Accumulated amortization on unfavorable leases |
DeferredRevenueLeasesAccumulatedAmortization
|
$604.00K | USD | Point-in-time |
| Restricted deposits and funded reserves |
RestrictedCashAndCashEquivalents
|
$6.73M | USD | Point-in-time |
| Restricted deposits and funded reserves |
RestrictedCashAndCashEquivalents
|
$5.79M | USD | Point-in-time |
| Investment in unconsolidated affiliates |
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
$8.89M | USD | Point-in-time |
| Investment in unconsolidated affiliates |
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
$9.08M | USD | Point-in-time |
| Due from related party |
DueFromRelatedParties
|
$109.00K | USD | Point-in-time |
| Receivables |
AccountsReceivableNet
|
$2.95M | USD | Point-in-time |
| Receivables |
AccountsReceivableNet
|
$2.93M | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrentAndNoncurrent
|
$1.58M | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrentAndNoncurrent
|
$2.17M | USD | Point-in-time |
| Notes receivable |
NotesReceivableGross
|
$600.00K | USD | Point-in-time |
| Notes receivable |
NotesReceivableGross
|
$600.00K | USD | Point-in-time |
| Financing and lease costs, less accumulated amortization of $3,194 in 2015 and $2,985 in 2014 |
DeferredFinanceCostsNet
|
$3.76M | USD | Point-in-time |
| Financing and lease costs, less accumulated amortization of $3,194 in 2015 and $2,985 in 2014 |
DeferredFinanceCostsNet
|
$3.73M | USD | Point-in-time |
| Intangible assets, less accumulated amortization of $5,178 in 2015 and $4,866 in 2014 |
IntangibleAssetsNetExcludingGoodwill
|
$9.22M | USD | Point-in-time |
| Intangible assets, less accumulated amortization of $5,178 in 2015 and $4,866 in 2014 |
IntangibleAssetsNetExcludingGoodwill
|
$9.98M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$76.00K | USD | Point-in-time |
| Other assets |
OtherAssets
|
$143.00K | USD | Point-in-time |
| Total Assets |
Assets
|
$567.02M | USD | Point-in-time |
| Total Assets |
Assets
|
$585.94M | USD | Point-in-time |
| Mortgage notes payable |
LongTermDebt
|
$324.89M | USD | Point-in-time |
| Mortgage notes payable |
LongTermDebt
|
$335.36M | USD | Point-in-time |
| Lines of credit |
LineOfCredit
|
$6.75M | USD | Point-in-time |
| Lines of credit |
LineOfCredit
|
$16.42M | USD | Point-in-time |
| Special assessments payable |
SpecialAssessmentBond
|
$934.00K | USD | Point-in-time |
| Special assessments payable |
SpecialAssessmentBond
|
$899.00K | USD | Point-in-time |
| Dividends payable |
DividendsPayableCurrentAndNoncurrent
|
$4.85M | USD | Point-in-time |
| Dividends payable |
DividendsPayableCurrentAndNoncurrent
|
$4.55M | USD | Point-in-time |
| Due to related party |
DueToRelatedPartiesCurrentAndNoncurrent
|
$482.00K | USD | Point-in-time |
| Due to related party |
DueToRelatedPartiesCurrentAndNoncurrent
|
$2.50M | USD | Point-in-time |
| Tenant security deposits payable |
SecurityDepositLiability
|
$3.11M | USD | Point-in-time |
| Tenant security deposits payable |
SecurityDepositLiability
|
$3.25M | USD | Point-in-time |
| Investment certificates |
InvestmentCertificates
|
$288.00K | USD | Point-in-time |
| Investment certificates |
InvestmentCertificates
|
$319.00K | USD | Point-in-time |
| Unfavorable leases, less accumulated amortization of $604 in 2015 and $572 in 2014 |
OffMarketLeaseUnfavorable
|
$774.00K | USD | Point-in-time |
| Unfavorable leases, less accumulated amortization of $604 in 2015 and $572 in 2014 |
OffMarketLeaseUnfavorable
|
$806.00K | USD | Point-in-time |
| Accounts payable-trade |
AccountsPayableTradeCurrentAndNoncurrent
|
$1.49M | USD | Point-in-time |
| Accounts payable-trade |
AccountsPayableTradeCurrentAndNoncurrent
|
$1.02M | USD | Point-in-time |
| Retainage payable |
RetentionPayable
|
$622.00K | USD | Point-in-time |
| Retainage payable |
RetentionPayable
|
$555.00K | USD | Point-in-time |
| Fair value of interest rate swaps |
InterestRateDerivativeLiabilitiesAtFairValue
|
$272.00K | USD | Point-in-time |
| Fair value of interest rate swaps |
InterestRateDerivativeLiabilitiesAtFairValue
|
$283.00K | USD | Point-in-time |
| Deferred insurance proceeds |
OtherDeferredCreditsCurrent
|
$83.00K | USD | Point-in-time |
| Deferred insurance proceeds |
OtherDeferredCreditsCurrent
|
$72.00K | USD | Point-in-time |
| Accrued expenses and other liabilities |
AccruedLiabilitiesCurrentAndNoncurrent
|
$4.67M | USD | Point-in-time |
| Accrued expenses and other liabilities |
AccruedLiabilitiesCurrentAndNoncurrent
|
$5.47M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$361.39M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$359.32M | USD | Point-in-time |
| Noncontrolling interest in operating partnership |
MinorityInterestInOperatingPartnerships
|
$150.59M | USD | Point-in-time |
| Noncontrolling interest in operating partnership |
MinorityInterestInOperatingPartnerships
|
$151.49M | USD | Point-in-time |
| Beneficial interest |
CommonStockValueOutstanding
|
$75.41M | USD | Point-in-time |
| Beneficial interest |
CommonStockValueOutstanding
|
$55.31M | USD | Point-in-time |
| Accumulated comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-283.00K | USD | Point-in-time |
| Accumulated comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-272.00K | USD | Point-in-time |
| Total Shareholders' Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$205.63M | USD | Point-in-time |
| Total Shareholders' Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$226.62M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$567.02M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$585.94M | USD | Point-in-time |
Income Statement
64 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Real estate rental income |
OperatingLeasesIncomeStatementMinimumLeaseRevenue
|
$22.23M | USD | 1 Quarter |
| Real estate rental income |
OperatingLeasesIncomeStatementMinimumLeaseRevenue
|
$16.52M | USD | 1 Quarter |
| Tenant reimbursements |
TenantReimbursements
|
$559.00K | USD | 1 Quarter |
| Tenant reimbursements |
TenantReimbursements
|
$591.00K | USD | 1 Quarter |
| Total income from rental operations |
RealEstateRevenueNet
|
$17.08M | USD | 1 Quarter |
| Total income from rental operations |
RealEstateRevenueNet
|
$22.82M | USD | 1 Quarter |
| Interest |
FinancingInterestExpense
|
$3.95M | USD | 1 Quarter |
| Interest |
FinancingInterestExpense
|
$3.06M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$4.25M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$3.35M | USD | 1 Quarter |
| Real estate taxes |
RealEstateTaxExpense
|
$1.90M | USD | 1 Quarter |
| Real estate taxes |
RealEstateTaxExpense
|
$1.31M | USD | 1 Quarter |
| Property management fees |
OwnedPropertyManagementCosts
|
$2.34M | USD | 1 Quarter |
| Property management fees |
OwnedPropertyManagementCosts
|
$1.56M | USD | 1 Quarter |
| Utilities |
Utilities
|
$2.10M | USD | 1 Quarter |
| Utilities |
Utilities
|
$1.71M | USD | 1 Quarter |
| Repairs and maintenance |
CostOfPropertyRepairsAndMaintenance
|
$2.35M | USD | 1 Quarter |
| Repairs and maintenance |
CostOfPropertyRepairsAndMaintenance
|
$3.29M | USD | 1 Quarter |
| Insurance |
RealEstateInsurance
|
$596.00K | USD | 1 Quarter |
| Insurance |
RealEstateInsurance
|
$398.00K | USD | 1 Quarter |
| Total expenses from rental operations |
CostOfRealEstateRevenue
|
$13.75M | USD | 1 Quarter |
| Total expenses from rental operations |
CostOfRealEstateRevenue
|
$18.43M | USD | 1 Quarter |
| Administrative expenses |
GeneralAndAdministrativeExpense
|
$67.00K | USD | 1 Quarter |
| Administrative expenses |
GeneralAndAdministrativeExpense
|
$79.00K | USD | 1 Quarter |
| Advisory fees |
ServiceManagementCosts
|
$442.00K | USD | 1 Quarter |
| Advisory fees |
ServiceManagementCosts
|
$569.00K | USD | 1 Quarter |
| Acquisition and disposition expenses |
AcquisitionAndDispositionRelatedExpenses
|
$361.00K | USD | 1 Quarter |
| Acquisition and disposition expenses |
AcquisitionAndDispositionRelatedExpenses
|
$530.00K | USD | 1 Quarter |
| Trustee fees |
TrusteeFees
|
$12.00K | USD | 1 Quarter |
| Trustee fees |
TrusteeFees
|
$14.00K | USD | 1 Quarter |
| Legal and accounting |
ProfessionalFees
|
$247.00K | USD | 1 Quarter |
| Legal and accounting |
ProfessionalFees
|
$160.00K | USD | 1 Quarter |
| Total Administration of REIT |
SellingGeneralAndAdministrativeExpense
|
$1.04M | USD | 1 Quarter |
| Total Administration of REIT |
SellingGeneralAndAdministrativeExpense
|
$1.44M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$19.87M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$14.79M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$2.29M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$2.96M | USD | 1 Quarter |
| Equity in income of unconsolidated affiliates |
IncomeLossFromEquityMethodInvestments
|
$247.00K | USD | 1 Quarter |
| Equity in income of unconsolidated affiliates |
IncomeLossFromEquityMethodInvestments
|
$205.00K | USD | 1 Quarter |
| Dividend and interest income |
InterestAndDividendIncomeOperating
|
$15.00K | USD | 1 Quarter |
| Dividend and interest income |
InterestAndDividendIncomeOperating
|
$58.00K | USD | 1 Quarter |
| Gain on involuntary conversion |
GainLossOnInvoluntaryConversions
|
$24.00K | USD | 1 Quarter |
| Gain on disposal of marketable securities |
MarketableSecuritiesGainLoss
|
$246.00K | USD | 1 Quarter |
| Total other income |
InterestAndOtherIncome
|
$220.00K | USD | 1 Quarter |
| Total other income |
InterestAndOtherIncome
|
$575.00K | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$3.18M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$2.87M | USD | 1 Quarter |
| Net income attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$2.07M | USD | 1 Quarter |
| Net income attributable to noncontrolling interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$2.23M | USD | 1 Quarter |
| Net income attributable to Sterling Real Estate Trust |
NetIncomeLoss
|
$799.00K | USD | 1 Quarter |
| Net income attributable to Sterling Real Estate Trust |
NetIncomeLoss
|
$952.00K | USD | 1 Quarter |
| Net income per common share, basic and diluted |
EarningsPerShareBasicAndDiluted
|
$0.15 | USD | 1 Quarter |
| Net income per common share, basic and diluted |
EarningsPerShareBasicAndDiluted
|
$0.15 | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$3.18M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$2.87M | USD | 1 Quarter |
| Other comprehensive income-change in fair value of interest rate swaps |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$-11.00K | USD | 1 Quarter |
| Other comprehensive income-change in fair value of interest rate swaps |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$10.00K | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$2.88M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$3.17M | USD | 1 Quarter |
| Comprehensive income attributable to noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$2.22M | USD | 1 Quarter |
| Comprehensive income attributable to noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$2.08M | USD | 1 Quarter |
| Comprehensive income attributable to Sterling Real Estate Trust |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$948.00K | USD | 1 Quarter |
| Comprehensive income attributable to Sterling Real Estate Trust |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$802.00K | USD | 1 Quarter |
Cash Flow Statement
97 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$3.18M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$2.87M | USD | 1 Quarter |
| Net gain on investment in marketable securities |
MarketableSecuritiesGainLoss
|
$246.00K | USD | 1 Quarter |
| Equity in income of unconsolidated affiliates |
IncomeLossFromEquityMethodInvestments
|
$247.00K | USD | 1 Quarter |
| Equity in income of unconsolidated affiliates |
IncomeLossFromEquityMethodInvestments
|
$205.00K | USD | 1 Quarter |
| Distributions of earnings of unconsolidated affiliates |
EquityMethodInvestmentDividendsOrDistributions
|
$205.00K | USD | 1 Quarter |
| Distributions of earnings of unconsolidated affiliates |
EquityMethodInvestmentDividendsOrDistributions
|
$247.00K | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$3.77M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$2.88M | USD | 1 Quarter |
| Amortization |
AdjustmentForAmortization
|
$490.00K | USD | 1 Quarter |
| Amortization |
AdjustmentForAmortization
|
$458.00K | USD | 1 Quarter |
| Tenant security deposits |
IncreaseDecreaseInDepositOtherAssets
|
$72.00K | USD | 1 Quarter |
| Tenant security deposits |
IncreaseDecreaseInDepositOtherAssets
|
$653.00K | USD | 1 Quarter |
| Restricted cash - real estate tax and insurance escrows |
IncreaseDecreaseInRestrictedCashForOperatingActivities
|
$1.19M | USD | 1 Quarter |
| Restricted cash - real estate tax and insurance escrows |
IncreaseDecreaseInRestrictedCashForOperatingActivities
|
$-1.14M | USD | 1 Quarter |
| Due from related party |
IncreaseDecreaseInDueFromRelatedPartiesCurrent
|
$-109.00K | USD | 1 Quarter |
| Due from related party |
IncreaseDecreaseInDueFromRelatedPartiesCurrent
|
$-25.00K | USD | 1 Quarter |
| Receivables |
IncreaseDecreaseInAccountsReceivable
|
$-218.00K | USD | 1 Quarter |
| Receivables |
IncreaseDecreaseInAccountsReceivable
|
$-788.00K | USD | 1 Quarter |
| Prepaid expenses |
IncreaseDecreaseInPrepaidExpense
|
$-341.00K | USD | 1 Quarter |
| Prepaid expenses |
IncreaseDecreaseInPrepaidExpense
|
$591.00K | USD | 1 Quarter |
| Marketable securities |
IncreaseDecreaseInMarketableSecuritiesRestricted
|
$5.00M | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$67.00K | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$160.00K | USD | 1 Quarter |
| Due to related party |
IncreaseDecreaseInDueToRelatedPartiesCurrent
|
$-2.02M | USD | 1 Quarter |
| Due to related party |
IncreaseDecreaseInDueToRelatedPartiesCurrent
|
$-132.00K | USD | 1 Quarter |
| Tenant security deposits payable |
IncreaseDecreaseInSecurityDeposits
|
$71.00K | USD | 1 Quarter |
| Tenant security deposits payable |
IncreaseDecreaseInSecurityDeposits
|
$75.00K | USD | 1 Quarter |
| Accounts payable - trade |
IncreaseDecreaseInAccountsPayable
|
$-660.00K | USD | 1 Quarter |
| Accounts payable - trade |
IncreaseDecreaseInAccountsPayable
|
$-259.00K | USD | 1 Quarter |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$129.00K | USD | 1 Quarter |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$-1.07M | USD | 1 Quarter |
| NET CASH PROVIDED BY OPERATING ACTIVITIES |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$3.91M | USD | 1 Quarter |
| NET CASH PROVIDED BY OPERATING ACTIVITIES |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$504.00K | USD | 1 Quarter |
| Purchase of real estate investment properties |
PaymentsToAcquireAndDevelopRealEstate
|
$4.01M | USD | 1 Quarter |
| Purchase of real estate investment properties |
PaymentsToAcquireAndDevelopRealEstate
|
$2.25M | USD | 1 Quarter |
| Capital expenditures and tenant improvements |
PaymentsForLeasingCostsCommissionsAndTenantImprovements
|
$481.00K | USD | 1 Quarter |
| Capital expenditures and tenant improvements |
PaymentsForLeasingCostsCommissionsAndTenantImprovements
|
$613.00K | USD | 1 Quarter |
| Investment in unconsolidated affiliates |
PaymentsToAcquireEquityMethodInvestments
|
$2.00K | USD | 1 Quarter |
| Distributions received from unconsolidated affiliates |
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
$87.00K | USD | 1 Quarter |
| Distributions received from unconsolidated affiliates |
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
$193.00K | USD | 1 Quarter |
| Restricted cash - replacement reserve escrows |
IncreaseDecreaseInRestrictedCash
|
$-81.00K | USD | 1 Quarter |
| Restricted cash - replacement reserve escrows |
IncreaseDecreaseInRestrictedCash
|
$-461.00K | USD | 1 Quarter |
| Deferred insurance proceeds |
DeferredInsuranceProceeds
|
$95.00K | USD | 1 Quarter |
| NET CASH USED IN INVESTING ACTIVITIES |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-2.47M | USD | 1 Quarter |
| NET CASH USED IN INVESTING ACTIVITIES |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-3.97M | USD | 1 Quarter |
| Payments for financing and lease costs |
PaymentsOfFinancingCosts
|
$13.00K | USD | 1 Quarter |
| Payments for financing and lease costs |
PaymentsOfFinancingCosts
|
$175.00K | USD | 1 Quarter |
| Payments on investment certificates |
PaymentsOnInvestmentCertificates
|
$31.00K | USD | 1 Quarter |
| Reinvested proceeds from investment certificates |
ProceedsFromSaleAndMaturityOfOtherInvestments
|
$1.00K | USD | 1 Quarter |
| Principal payments on special assessments payable |
PrincipalPaymentsOnSpecialAssessmentsPayable
|
$61.00K | USD | 1 Quarter |
| Principal payments on special assessments payable |
PrincipalPaymentsOnSpecialAssessmentsPayable
|
$10.00K | USD | 1 Quarter |
| Proceeds from issuance of mortgage notes payable |
ProceedsFromIssuanceOfLongTermDebt
|
$1.29M | USD | 1 Quarter |
| Principal payments on mortgage notes payable |
RepaymentsOfLongTermDebt
|
$1.91M | USD | 1 Quarter |
| Principal payments on mortgage notes payable |
RepaymentsOfLongTermDebt
|
$2.33M | USD | 1 Quarter |
| Advances on lines of credit |
ProceedsFromLinesOfCredit
|
$2.45M | USD | 1 Quarter |
| Advances on lines of credit |
ProceedsFromLinesOfCredit
|
$9.63M | USD | 1 Quarter |
| Payments on lines of credit |
RepaymentsOfLinesOfCredit
|
$19.30M | USD | 1 Quarter |
| Payments on lines of credit |
RepaymentsOfLinesOfCredit
|
$108.00K | USD | 1 Quarter |
| Proceeds from issuance of common shares |
ProceedsFromIssuanceOfCommonStock
|
$21.11M | USD | 1 Quarter |
| Proceeds from issuance of shares under optional purchase plan |
ProceedsFromIssuanceOfSharesUnderOptionalPurchasePlan
|
$450.00K | USD | 1 Quarter |
| Proceeds from issuance of shares under optional purchase plan |
ProceedsFromIssuanceOfSharesUnderOptionalPurchasePlan
|
$392.00K | USD | 1 Quarter |
| Shares/units redeemed |
PaymentsForRepurchaseOfCommonStock
|
$618.00K | USD | 1 Quarter |
| Shares/units redeemed |
PaymentsForRepurchaseOfCommonStock
|
$2.49M | USD | 1 Quarter |
| Dividends/distributions paid |
PaymentsOfDividendsCommonStock
|
$3.25M | USD | 1 Quarter |
| Dividends/distributions paid |
PaymentsOfDividendsCommonStock
|
$3.69M | USD | 1 Quarter |
| Payment of syndication costs |
PaymentOfSyndicationCosts
|
$1.07M | USD | 1 Quarter |
| NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$5.20M | USD | 1 Quarter |
| NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$-4.94M | USD | 1 Quarter |
| NET CHANGE IN CASH AND CASH EQUIVALENTS |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-6.90M | USD | 1 Quarter |
| NET CHANGE IN CASH AND CASH EQUIVALENTS |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$5.14M | USD | 1 Quarter |
| CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$5.79M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$643.00K | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$6.95M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$13.85M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AT END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$5.79M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AT END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$643.00K | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AT END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$6.95M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AT END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$13.85M | USD | Point-in-time |
| Cash paid during the period for interest, net of capitalized interest |
InterestPaid
|
$3.76M | USD | 1 Quarter |
| Cash paid during the period for interest, net of capitalized interest |
InterestPaid
|
$3.07M | USD | 1 Quarter |
| Dividends reinvested |
DistributionsReinvested
|
$863.00K | USD | 1 Quarter |
| Dividends reinvested |
DistributionsReinvested
|
$751.00K | USD | 1 Quarter |
| Dividends declared and not paid |
DistributionsDeclaredAndNotPaid
|
$1.22M | USD | 1 Quarter |
| Dividends declared and not paid |
DistributionsDeclaredAndNotPaid
|
$1.64M | USD | 1 Quarter |
| UPREIT distributions declared and not paid |
SubsidiaryDistributionsDeclaredAndNotPaid
|
$3.12M | USD | 1 Quarter |
| UPREIT distributions declared and not paid |
SubsidiaryDistributionsDeclaredAndNotPaid
|
$3.43M | USD | 1 Quarter |
| Acquisition of assets in exchange for the issuance of noncontrolling interest units in UPREIT |
AcquisitionOfAssetsInExchangeForIssuanceOfNoncontrollingInterestShares
|
$5.35M | USD | 1 Quarter |
| Acquisition of assets in exchange for the issuance of noncontrolling interest units in UPREIT |
AcquisitionOfAssetsInExchangeForIssuanceOfNoncontrollingInterestShares
|
$2.15M | USD | 1 Quarter |
| Increase in land improvements due to increase in special assessments payable |
IncreaseInLandImprovementsDueToIncreaseInSpecialAssessmentsPayable
|
$12.00K | USD | 1 Quarter |
| Increase in land improvements due to increase in special assessments payable |
IncreaseInLandImprovementsDueToIncreaseInSpecialAssessmentsPayable
|
$26.00K | USD | 1 Quarter |
| Unrealized gain on interest rate swaps |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$-11.00K | USD | 1 Quarter |
| Unrealized gain on interest rate swaps |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$10.00K | USD | 1 Quarter |
| Acquisition of assets through assumption of debt and liabilities and property purchased with financing |
NoncashOrPartNoncashAcquisitionDebtLiabilitiesAndPropertiesPurchasedAssumed1
|
$10.30M | USD | 1 Quarter |
| Capitalized interest related to construction in progress |
InterestCostsCapitalized
|
$33.00K | USD | 1 Quarter |
| Acquisition of assets with accounts payable |
NoncashOrPartNoncashAcquisitionPayablesAssumed1
|
$1.54M | USD | 1 Quarter |
| Acquisition of assets with accounts payable |
NoncashOrPartNoncashAcquisitionPayablesAssumed1
|
$599.00K | USD | 1 Quarter |
Stockholders Equity
19 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$205.63M | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$226.62M | USD | Point-in-time |
| Beginning Balance (in shares) |
CommonStockSharesOutstanding
|
5.62M | shares | Point-in-time |
| Beginning Balance (in shares) |
CommonStockSharesOutstanding
|
7.05M | shares | Point-in-time |
| Issuance of common shares |
StockIssuedDuringPeriodValueNewIssues
|
$21.11M | USD | 1 Quarter |
| Contribution of assets in exchange for the issuance of noncontrolling interest shares |
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
|
$2.15M | USD | 1 Quarter |
| Shares/units redeemed |
StockRepurchasedDuringPeriodValue
|
$618.00K | USD | 1 Quarter |
| Dividends declared |
DividendsCommonStockCash
|
$5.07M | USD | 1 Quarter |
| Dividends reinvested - stock dividend |
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
$863.00K | USD | 1 Quarter |
| Issuance of shares under optional purchase plan |
StockIssuedDuringPeriodValueStockPurchasePlan
|
$450.00K | USD | 1 Quarter |
| Syndication Costs |
SyndicationCosts
|
$-1.07M | USD | 1 Quarter |
| Decrease in fair value of interest rate swaps |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$-11.00K | USD | 1 Quarter |
| Decrease in fair value of interest rate swaps |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$10.00K | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$3.18M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$2.87M | USD | 1 Quarter |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$205.63M | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$226.62M | USD | Point-in-time |
| Ending balance (in shares) |
CommonStockSharesOutstanding
|
5.62M | shares | Point-in-time |
| Ending balance (in shares) |
CommonStockSharesOutstanding
|
7.05M | shares | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.