10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001558370-16-005786 |
| Period End Date | 20160331 |
| Filing Date | 20160510 |
| Fiscal Year | 2016 |
| Fiscal Period | Q1 |
| XBRL Instance | sret-20160331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
75 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Accumulated amortization on financing and lease cost |
AccumulatedAmortizationDeferredFinanceCosts
|
$1.45M | USD | Point-in-time |
| Accumulated amortization on financing and lease cost |
AccumulatedAmortizationDeferredFinanceCosts
|
$1.36M | USD | Point-in-time |
| Real estate investments |
RealEstateInvestmentPropertyNet
|
$594.51M | USD | Point-in-time |
| Accumulated amortization on intangible assets |
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
$8.41M | USD | Point-in-time |
| Accumulated amortization on intangible assets |
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
$7.66M | USD | Point-in-time |
| Real estate investments |
RealEstateInvestmentPropertyNet
|
$603.93M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$12.46M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$643.00K | USD | Point-in-time |
| Accumulated amortization on unfavorable leases |
DeferredRevenueLeasesAccumulatedAmortization
|
$803.00K | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$5.79M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$6.46M | USD | Point-in-time |
| Accumulated amortization on unfavorable leases |
DeferredRevenueLeasesAccumulatedAmortization
|
$893.00K | USD | Point-in-time |
| Restricted deposits and funded reserves |
RestrictedCashAndCashEquivalents
|
$6.12M | USD | Point-in-time |
| Restricted deposits and funded reserves |
RestrictedCashAndCashEquivalents
|
$5.10M | USD | Point-in-time |
| Investment in unconsolidated affiliates |
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
$8.93M | USD | Point-in-time |
| Investment in unconsolidated affiliates |
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
$9.02M | USD | Point-in-time |
| Due from related party |
DueFromRelatedParties
|
$60.00K | USD | Point-in-time |
| Receivables |
AccountsReceivableNet
|
$3.93M | USD | Point-in-time |
| Receivables |
AccountsReceivableNet
|
$3.43M | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrentAndNoncurrent
|
$844.00K | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrentAndNoncurrent
|
$1.21M | USD | Point-in-time |
| Notes receivable |
NotesReceivableGross
|
$649.00K | USD | Point-in-time |
| Notes receivable |
NotesReceivableGross
|
$651.00K | USD | Point-in-time |
| Financing and lease costs, less accumulated amortization of $1,451 in 2016 and $1,356 in 2015 |
DeferredFinanceCostsNet
|
$1.15M | USD | Point-in-time |
| Financing and lease costs, less accumulated amortization of $1,451 in 2016 and $1,356 in 2015 |
DeferredFinanceCostsNet
|
$1.24M | USD | Point-in-time |
| Assets held for sale |
AssetsOfDisposalGroupIncludingDiscontinuedOperation
|
$1.72M | USD | Point-in-time |
| Assets held for sale |
AssetsOfDisposalGroupIncludingDiscontinuedOperation
|
$1.72M | USD | Point-in-time |
| Intangible assets, less accumulated amortization of $8,415 in 2016 and $7,655 in 2015 |
IntangibleAssetsNetExcludingGoodwill
|
$18.18M | USD | Point-in-time |
| Intangible assets, less accumulated amortization of $8,415 in 2016 and $7,655 in 2015 |
IntangibleAssetsNetExcludingGoodwill
|
$18.56M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$15.00K | USD | Point-in-time |
| Other assets |
OtherAssets
|
$140.00K | USD | Point-in-time |
| Total Assets |
Assets
|
$657.64M | USD | Point-in-time |
| Total Assets |
Assets
|
$642.38M | USD | Point-in-time |
| Mortgage notes payable, net |
NotesPayable
|
$379.91M | USD | Point-in-time |
| Mortgage notes payable, net |
NotesPayable
|
$385.32M | USD | Point-in-time |
| Lines of credit |
LineOfCredit
|
$5.70M | USD | Point-in-time |
| Special assessments payable |
SpecialAssessmentBond
|
$1.54M | USD | Point-in-time |
| Special assessments payable |
SpecialAssessmentBond
|
$1.66M | USD | Point-in-time |
| Dividends payable |
DividendsPayableCurrentAndNoncurrent
|
$5.32M | USD | Point-in-time |
| Dividends payable |
DividendsPayableCurrentAndNoncurrent
|
$5.62M | USD | Point-in-time |
| Due to related party |
DueToRelatedPartiesCurrentAndNoncurrent
|
$440.00K | USD | Point-in-time |
| Due to related party |
DueToRelatedPartiesCurrentAndNoncurrent
|
$621.00K | USD | Point-in-time |
| Tenant security deposits payable |
SecurityDepositLiability
|
$3.76M | USD | Point-in-time |
| Tenant security deposits payable |
SecurityDepositLiability
|
$3.84M | USD | Point-in-time |
| Subordinated debt |
SubordinatedDebt
|
$200.00K | USD | Point-in-time |
| Subordinated debt |
SubordinatedDebt
|
$225.00K | USD | Point-in-time |
| Unfavorable leases, less accumulated amortization of $893 in 2016 and $803 in 2015 |
OffMarketLeaseUnfavorable
|
$2.25M | USD | Point-in-time |
| Unfavorable leases, less accumulated amortization of $893 in 2016 and $803 in 2015 |
OffMarketLeaseUnfavorable
|
$2.34M | USD | Point-in-time |
| Accounts payable-trade |
AccountsPayableTradeCurrentAndNoncurrent
|
$556.00K | USD | Point-in-time |
| Accounts payable-trade |
AccountsPayableTradeCurrentAndNoncurrent
|
$819.00K | USD | Point-in-time |
| Retainage payable |
RetentionPayable
|
$6.00K | USD | Point-in-time |
| Retainage payable |
RetentionPayable
|
$33.00K | USD | Point-in-time |
| Liabilities related to assets held for sale |
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
|
$659.00K | USD | Point-in-time |
| Fair value of interest rate swaps |
InterestRateDerivativeLiabilitiesAtFairValue
|
$233.00K | USD | Point-in-time |
| Fair value of interest rate swaps |
InterestRateDerivativeLiabilitiesAtFairValue
|
$219.00K | USD | Point-in-time |
| Deferred insurance proceeds |
OtherDeferredCreditsCurrent
|
$69.00K | USD | Point-in-time |
| Deferred insurance proceeds |
OtherDeferredCreditsCurrent
|
$68.00K | USD | Point-in-time |
| Accrued expenses and other liabilities |
AccruedLiabilitiesCurrentAndNoncurrent
|
$6.63M | USD | Point-in-time |
| Accrued expenses and other liabilities |
AccruedLiabilitiesCurrentAndNoncurrent
|
$5.25M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$401.95M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$411.34M | USD | Point-in-time |
| COMMITMENTS and CONTINGENCIES - Note 18 |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| COMMITMENTS and CONTINGENCIES - Note 18 |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$642.38M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$657.64M | USD | Point-in-time |
| Noncontrolling interest in operating partnership |
MinorityInterestInOperatingPartnerships
|
$154.81M | USD | Point-in-time |
| Noncontrolling interest in operating partnership |
MinorityInterestInOperatingPartnerships
|
$159.79M | USD | Point-in-time |
| Noncontrolling interest in partially owned properties |
MinorityInterestInPartiallyOwnedProperties
|
$4.54M | USD | Point-in-time |
| Noncontrolling interest in partially owned properties |
MinorityInterestInPartiallyOwnedProperties
|
$4.38M | USD | Point-in-time |
| Beneficial interest |
StockholdersEquityAttributableToParentBeneficialInterest
|
$82.36M | USD | Point-in-time |
| Beneficial interest |
StockholdersEquityAttributableToParentBeneficialInterest
|
$81.30M | USD | Point-in-time |
| Accumulated comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-233.00K | USD | Point-in-time |
| Accumulated comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-219.00K | USD | Point-in-time |
| Total Shareholders' Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$246.30M | USD | Point-in-time |
| Total Shareholders' Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$240.43M | USD | Point-in-time |
Income Statement
67 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Real estate rental income |
OperatingLeasesIncomeStatementMinimumLeaseRevenue
|
$22.23M | USD | 1 Quarter |
| Real estate rental income |
OperatingLeasesIncomeStatementMinimumLeaseRevenue
|
$25.21M | USD | 1 Quarter |
| Tenant reimbursements |
TenantReimbursements
|
$1.48M | USD | 1 Quarter |
| Tenant reimbursements |
TenantReimbursements
|
$591.00K | USD | 1 Quarter |
| Total income from rental operations |
RealEstateRevenueNet
|
$26.69M | USD | 1 Quarter |
| Total income from rental operations |
RealEstateRevenueNet
|
$22.82M | USD | 1 Quarter |
| Interest |
FinancingInterestExpense
|
$4.10M | USD | 1 Quarter |
| Interest |
FinancingInterestExpense
|
$4.54M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$5.64M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$4.11M | USD | 1 Quarter |
| Real estate taxes |
RealEstateTaxExpense
|
$2.32M | USD | 1 Quarter |
| Real estate taxes |
RealEstateTaxExpense
|
$1.90M | USD | 1 Quarter |
| Property management fees |
OwnedPropertyManagementCosts
|
$2.57M | USD | 1 Quarter |
| Property management fees |
OwnedPropertyManagementCosts
|
$2.34M | USD | 1 Quarter |
| Utilities |
Utilities
|
$2.19M | USD | 1 Quarter |
| Utilities |
Utilities
|
$2.10M | USD | 1 Quarter |
| Repairs and maintenance |
CostOfPropertyRepairsAndMaintenance
|
$4.16M | USD | 1 Quarter |
| Repairs and maintenance |
CostOfPropertyRepairsAndMaintenance
|
$3.29M | USD | 1 Quarter |
| Insurance |
RealEstateInsurance
|
$596.00K | USD | 1 Quarter |
| Insurance |
RealEstateInsurance
|
$348.00K | USD | 1 Quarter |
| Loss on impairment of property |
ImpairmentOfRealEstate
|
- | USD | 1 Quarter |
| Loss on impairment of property |
ImpairmentOfRealEstate
|
- | USD | 1 Quarter |
| Total expenses from rental operations |
CostOfRealEstateRevenue
|
$18.43M | USD | 1 Quarter |
| Total expenses from rental operations |
CostOfRealEstateRevenue
|
$21.77M | USD | 1 Quarter |
| Administrative expenses |
GeneralAndAdministrativeExpense
|
$79.00K | USD | 1 Quarter |
| Administrative expenses |
GeneralAndAdministrativeExpense
|
$99.00K | USD | 1 Quarter |
| Advisory fees |
ServiceManagementCosts
|
$643.00K | USD | 1 Quarter |
| Advisory fees |
ServiceManagementCosts
|
$569.00K | USD | 1 Quarter |
| Acquisition and disposition expenses |
AcquisitionAndDispositionRelatedExpenses
|
$530.00K | USD | 1 Quarter |
| Acquisition and disposition expenses |
AcquisitionAndDispositionRelatedExpenses
|
$712.00K | USD | 1 Quarter |
| Trustee fees |
TrusteeFees
|
$12.00K | USD | 1 Quarter |
| Trustee fees |
TrusteeFees
|
$22.00K | USD | 1 Quarter |
| Legal and accounting |
ProfessionalFees
|
$247.00K | USD | 1 Quarter |
| Legal and accounting |
ProfessionalFees
|
$182.00K | USD | 1 Quarter |
| Total Administration of REIT |
SellingGeneralAndAdministrativeExpense
|
$1.44M | USD | 1 Quarter |
| Total Administration of REIT |
SellingGeneralAndAdministrativeExpense
|
$1.66M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$19.87M | USD | 1 Quarter |
| Total expenses |
OperatingExpenses
|
$23.43M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$3.26M | 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
|
$17.00K | USD | 1 Quarter |
| Loss on sale of real estate investments |
GainsLossesOnSalesOfInvestmentRealEstate
|
$-4.00K | USD | 1 Quarter |
| Loss on involuntary conversion |
GainLossOnInvoluntaryConversions
|
$-145.00K | USD | 1 Quarter |
| Total other income |
InterestAndOtherIncome
|
$220.00K | USD | 1 Quarter |
| Total other income |
InterestAndOtherIncome
|
$115.00K | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$3.37M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$3.18M | USD | 1 Quarter |
| Net income attributable to noncontrolling interest in operating partnership |
NoncontrollingInterestInNetIncomeLossOperatingPartnerships
|
$2.26M | USD | 1 Quarter |
| Net income attributable to noncontrolling interest in operating partnership |
NoncontrollingInterestInNetIncomeLossOperatingPartnerships
|
$2.23M | USD | 1 Quarter |
| Net income attributable to noncontrolling interest in partially owned properties |
NoncontrollingInterestInNetIncomeLossPartiallyOwnedProperties
|
$-155.00K | USD | 1 Quarter |
| Net income attributable to Sterling Real Estate Trust |
NetIncomeLoss
|
$952.00K | USD | 1 Quarter |
| Net income attributable to Sterling Real Estate Trust |
NetIncomeLoss
|
$1.27M | 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
|
$0.17 | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$3.37M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$3.18M | 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
|
$-14.00K | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$3.17M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$3.36M | USD | 1 Quarter |
| Comprehensive income attributable to noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$2.09M | USD | 1 Quarter |
| Comprehensive income attributable to noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$2.22M | USD | 1 Quarter |
| Comprehensive income attributable to Sterling Real Estate Trust |
ComprehensiveIncomeNetOfTax
|
$1.27M | USD | 1 Quarter |
| Comprehensive income attributable to Sterling Real Estate Trust |
ComprehensiveIncomeNetOfTax
|
$948.00K | USD | 1 Quarter |
Cash Flow Statement
108 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$3.37M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$3.18M | USD | 1 Quarter |
| Loss on sale of real estate |
GainLossOnSaleOfProperties
|
$-4.00K | USD | 1 Quarter |
| Loss on involuntary conversion |
GainOnBusinessInterruptionInsuranceRecovery
|
$-145.00K | 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 |
| Loss on impairment of property |
ImpairmentOfRealEstate
|
- | USD | 1 Quarter |
| Loss on impairment of property |
ImpairmentOfRealEstate
|
- | USD | 1 Quarter |
| Distributions of earnings of unconsolidated affiliates |
EquityMethodInvestmentDividendsOrDistributions
|
$243.00K | USD | 1 Quarter |
| Distributions of earnings of unconsolidated affiliates |
EquityMethodInvestmentDividendsOrDistributions
|
$205.00K | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$4.60M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$3.77M | USD | 1 Quarter |
| Amortization |
AdjustmentForAmortization
|
$1.01M | USD | 1 Quarter |
| Amortization |
AdjustmentForAmortization
|
$346.00K | USD | 1 Quarter |
| Interest on debt issuance costs |
AmortizationOfFinancingCosts
|
$165.00K | USD | 1 Quarter |
| Interest on debt issuance costs |
AmortizationOfFinancingCosts
|
$144.00K | USD | 1 Quarter |
| Restricted deposits - tenant security deposits |
IncreaseDecreaseInDepositOtherAssets
|
$74.00K | USD | 1 Quarter |
| Restricted deposits - tenant security deposits |
IncreaseDecreaseInDepositOtherAssets
|
$653.00K | USD | 1 Quarter |
| Restricted deposits - real estate tax and insurance escrows |
IncreaseDecreaseInRestrictedCashForOperatingActivities
|
$-1.14M | USD | 1 Quarter |
| Restricted deposits - real estate tax and insurance escrows |
IncreaseDecreaseInRestrictedCashForOperatingActivities
|
$-796.00K | USD | 1 Quarter |
| Due from related party |
IncreaseDecreaseInDueFromRelatedPartiesCurrent
|
$-60.00K | USD | 1 Quarter |
| Due from related party |
IncreaseDecreaseInDueFromRelatedPartiesCurrent
|
$-109.00K | USD | 1 Quarter |
| Receivables |
IncreaseDecreaseInAccountsReceivable
|
$-218.00K | USD | 1 Quarter |
| Receivables |
IncreaseDecreaseInAccountsReceivable
|
$370.00K | USD | 1 Quarter |
| Prepaid expenses |
IncreaseDecreaseInPrepaidExpense
|
$367.00K | USD | 1 Quarter |
| Prepaid expenses |
IncreaseDecreaseInPrepaidExpense
|
$591.00K | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$67.00K | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-125.00K | USD | 1 Quarter |
| Due to related party |
IncreaseDecreaseInDueToRelatedPartiesCurrent
|
$-106.00K | USD | 1 Quarter |
| Due to related party |
IncreaseDecreaseInDueToRelatedPartiesCurrent
|
$-2.02M | USD | 1 Quarter |
| Tenant security deposits payable |
IncreaseDecreaseInSecurityDeposits
|
$76.00K | USD | 1 Quarter |
| Tenant security deposits payable |
IncreaseDecreaseInSecurityDeposits
|
$71.00K | USD | 1 Quarter |
| Accounts payable - trade |
IncreaseDecreaseInAccountsPayable
|
$-503.00K | USD | 1 Quarter |
| Accounts payable - trade |
IncreaseDecreaseInAccountsPayable
|
$-660.00K | USD | 1 Quarter |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$-1.40M | USD | 1 Quarter |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$-1.07M | USD | 1 Quarter |
| NET CASH PROVIDED BY OPERATING ACTIVITIES |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$7.54M | USD | 1 Quarter |
| NET CASH PROVIDED BY OPERATING ACTIVITIES |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$3.91M | USD | 1 Quarter |
| Purchase of real estate investment properties |
PaymentsToAcquireAndDevelopRealEstate
|
$4.01M | USD | 1 Quarter |
| Purchase of real estate investment properties |
PaymentsToAcquireAndDevelopRealEstate
|
$4.14M | USD | 1 Quarter |
| Capital expenditures and tenant improvements |
PaymentsForLeasingCostsCommissionsAndTenantImprovements
|
$613.00K | USD | 1 Quarter |
| Capital expenditures and tenant improvements |
PaymentsForLeasingCostsCommissionsAndTenantImprovements
|
$1.19M | USD | 1 Quarter |
| Proceeds from sale of real estate investments |
ProceedsFromSaleOfRealEstateHeldforinvestment
|
$4.00K | USD | 1 Quarter |
| Proceeds from involuntary conversion |
ProceedsFromInsuranceForInvoluntaryConversions
|
$140.00K | USD | 1 Quarter |
| Investment in unconsolidated affiliates |
PaymentsToAcquireEquityMethodInvestments
|
$64.00K | USD | 1 Quarter |
| Distributions in excess of earnings received from unconsolidated affiliates |
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
$160.00K | USD | 1 Quarter |
| Distributions in excess of earnings received from unconsolidated affiliates |
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
$193.00K | USD | 1 Quarter |
| Restricted deposits - replacement reserve escrows |
IncreaseDecreaseInRestrictedCash
|
$-294.00K | USD | 1 Quarter |
| Restricted deposits - replacement reserve escrows |
IncreaseDecreaseInRestrictedCash
|
$-461.00K | USD | 1 Quarter |
| Notes receivable payments received |
ProceedsFromCollectionOfNotesReceivable
|
$3.00K | USD | 1 Quarter |
| NET CASH USED IN INVESTING ACTIVITIES |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-3.97M | USD | 1 Quarter |
| NET CASH USED IN INVESTING ACTIVITIES |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-4.79M | USD | 1 Quarter |
| Payments for financing and lease costs |
PaymentsOfFinancingCosts
|
$144.00K | 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 |
| Principal payments on special assessments payable |
PrincipalPaymentsOnSpecialAssessmentsPayable
|
$151.00K | USD | 1 Quarter |
| Principal payments on special assessments payable |
PrincipalPaymentsOnSpecialAssessmentsPayable
|
$61.00K | USD | 1 Quarter |
| Proceeds from issuance of mortgage notes payable and subordinated debt |
ProceedsFromIssuanceOfLongTermDebt
|
$4.94M | USD | 1 Quarter |
| Proceeds from issuance of mortgage notes payable and subordinated debt |
ProceedsFromIssuanceOfLongTermDebt
|
$1.29M | USD | 1 Quarter |
| Principal payments on mortgage notes payable |
RepaymentsOfLongTermDebt
|
$2.84M | USD | 1 Quarter |
| Principal payments on mortgage notes payable |
RepaymentsOfLongTermDebt
|
$2.33M | USD | 1 Quarter |
| Advances on lines of credit |
ProceedsFromLinesOfCredit
|
$6.67M | 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
|
$967.00K | 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
|
$605.00K | USD | 1 Quarter |
| Proceeds from issuance of shares under optional purchase plan |
ProceedsFromIssuanceOfSharesUnderOptionalPurchasePlan
|
$450.00K | USD | 1 Quarter |
| Shares/units redeemed |
PaymentsForRepurchaseOfCommonStock
|
$618.00K | USD | 1 Quarter |
| Shares/units redeemed |
PaymentsForRepurchaseOfCommonStock
|
$672.00K | USD | 1 Quarter |
| Dividends/distributions paid |
PaymentsOfDividendsCommonStock
|
$4.18M | 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 FINANCING ACTIVITIES |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$3.26M | USD | 1 Quarter |
| NET CASH PROVIDED BY FINANCING ACTIVITIES |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$5.20M | USD | 1 Quarter |
| NET CHANGE IN CASH AND CASH EQUIVALENTS |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$5.14M | USD | 1 Quarter |
| NET CHANGE IN CASH AND CASH EQUIVALENTS |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$6.00M | USD | 1 Quarter |
| CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$12.46M | 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
|
$5.79M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$6.46M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AT END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$12.46M | 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
|
$5.79M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AT END OF PERIOD |
CashAndCashEquivalentsAtCarryingValue
|
$6.46M | USD | Point-in-time |
| Cash paid during the period for interest, net of capitalized interest |
InterestPaid
|
$4.52M | USD | 1 Quarter |
| Cash paid during the period for interest, net of capitalized interest |
InterestPaid
|
$3.76M | USD | 1 Quarter |
| Dividends reinvested |
DistributionsReinvested
|
$863.00K | USD | 1 Quarter |
| Dividends reinvested |
DistributionsReinvested
|
$1.14M | USD | 1 Quarter |
| Dividends declared and not paid |
DistributionsDeclaredAndNotPaid
|
$1.64M | USD | 1 Quarter |
| Dividends declared and not paid |
DistributionsDeclaredAndNotPaid
|
$1.84M | USD | 1 Quarter |
| UPREIT distributions declared and not paid |
SubsidiaryDistributionsDeclaredAndNotPaid
|
$3.43M | USD | 1 Quarter |
| UPREIT distributions declared and not paid |
SubsidiaryDistributionsDeclaredAndNotPaid
|
$3.77M | USD | 1 Quarter |
| UPREIT units converted to REIT common shares |
SubsidiaryUnitsConvertedToParentCommonSharesSupplementaryScheduleOfNoncashInvestingAndFinancingActivities
|
$9.00K | USD | 1 Quarter |
| Acquisition of assets in exchange for the issuance of noncontrolling interest units in UPREIT |
AcquisitionOfAssetsInExchangeForIssuanceOfNoncontrollingInterestShares
|
$7.06M | 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
|
$34.00K | USD | 1 Quarter |
| Increase in land improvements due to increase in special assessments payable |
IncreaseInLandImprovementsDueToIncreaseInSpecialAssessmentsPayable
|
$26.00K | USD | 1 Quarter |
| Unrealized loss on interest rate swaps |
UnrealizedGainLossOnDerivatives
|
$-14.00K | USD | 1 Quarter |
| Unrealized loss on interest rate swaps |
UnrealizedGainLossOnDerivatives
|
$-11.00K | USD | 1 Quarter |
| Acquisition of assets with new financing |
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
|
$2.66M | USD | 1 Quarter |
| Acquisition of assets with new financing |
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
|
$10.23M | USD | 1 Quarter |
| Acquisition of assets through assumption of debt and liabilities |
NoncashOrPartNoncashAcquisitionDebtLiabilitiesAndPropertiesPurchasedAssumed1
|
$5.00K | USD | 1 Quarter |
| Acquisition of assets through assumption of debt and liabilities |
NoncashOrPartNoncashAcquisitionDebtLiabilitiesAndPropertiesPurchasedAssumed1
|
$71.00K | USD | 1 Quarter |
| Capitalized interest and real estate taxes related to construction in progress |
RealEstateConstructionInProgressCostOfCapitalizedInterestAndRealEstateTaxes
|
$33.00K | USD | 1 Quarter |
| Capitalized interest and real estate taxes related to construction in progress |
RealEstateConstructionInProgressCostOfCapitalizedInterestAndRealEstateTaxes
|
$11.00K | USD | 1 Quarter |
| Acquisition of assets with accounts payable |
NoncashOrPartNoncashAcquisitionPayablesAssumed1
|
$1.54M | USD | 1 Quarter |
| Acquisition of assets with accounts payable |
NoncashOrPartNoncashAcquisitionPayablesAssumed1
|
$480.00K | USD | 1 Quarter |
Stockholders Equity
17 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$246.30M | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$240.43M | USD | Point-in-time |
| Beginning Balance (in shares) |
CommonStockSharesOutstanding
|
7.58M | shares | Point-in-time |
| Beginning Balance (in shares) |
CommonStockSharesOutstanding
|
7.69M | shares | Point-in-time |
| Contribution of assets in exchange for the issuance of noncontrolling interest shares |
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
|
$7.06M | USD | 1 Quarter |
| Shares/units redeemed |
StockRepurchasedDuringPeriodValue
|
$672.00K | USD | 1 Quarter |
| Dividends declared |
DividendsCommonStockCash
|
$5.62M | USD | 1 Quarter |
| Dividends reinvested - stock dividend |
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
$1.14M | USD | 1 Quarter |
| Issuance of shares under optional purchase plan |
StockIssuedDuringPeriodValueStockPurchasePlan
|
$605.00K | USD | 1 Quarter |
| Change in fair value of interest rate swaps |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$-11.00K | USD | 1 Quarter |
| Change in fair value of interest rate swaps |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$-14.00K | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$3.37M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$3.18M | USD | 1 Quarter |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$246.30M | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$240.43M | USD | Point-in-time |
| Ending balance (in shares) |
CommonStockSharesOutstanding
|
7.58M | shares | Point-in-time |
| Ending balance (in shares) |
CommonStockSharesOutstanding
|
7.69M | shares | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.