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10-Q Filing

STERLING REAL ESTATE TRUST CIK: 1412502 Q1 2018
Filing Information
Form Type 10-Q
Accession Number 0001558370-18-004445
Period End Date 20180331
Filing Date 20180509
Fiscal Year 2018
Fiscal Period Q1
XBRL Instance sret-20180331.xml
Filing Contents
Balance Sheet 70 line items
Line Item Tag Value Unit Period
Accumulated amortization on financing and lease cost AccumulatedAmortizationDeferredFinanceAndLeaseCosts $1.94M USD Point-in-time
Accumulated amortization on financing and lease cost AccumulatedAmortizationDeferredFinanceAndLeaseCosts $2.00M USD Point-in-time
Accumulated amortization on intangible assets FiniteLivedIntangibleAssetsAccumulatedAmortization $12.93M USD Point-in-time
Accumulated amortization on intangible assets FiniteLivedIntangibleAssetsAccumulatedAmortization $13.53M USD Point-in-time
Real estate investments RealEstateInvestmentPropertyNet $648.68M USD Point-in-time
Real estate investments RealEstateInvestmentPropertyNet $650.79M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $9.97M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $21.00M USD Point-in-time
Accumulated amortization on unfavorable leases DeferredRevenueLeasesAccumulatedAmortization $1.39M USD Point-in-time
Accumulated amortization on unfavorable leases DeferredRevenueLeasesAccumulatedAmortization $1.46M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $12.49M USD Point-in-time
Restricted deposits and funded reserves RestrictedCashAndCashEquivalents $7.91M USD Point-in-time
Restricted deposits and funded reserves RestrictedCashAndCashEquivalents $7.04M USD Point-in-time
Restricted deposits and funded reserves RestrictedCashAndCashEquivalents $8.06M USD Point-in-time
Investment in unconsolidated affiliates InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $2.68M USD Point-in-time
Investment in unconsolidated affiliates InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $2.77M USD Point-in-time
Due from related party DueFromRelatedParties $3.00K USD Point-in-time
Receivables AccountsReceivableNet $5.11M USD Point-in-time
Receivables AccountsReceivableNet $5.92M USD Point-in-time
Prepaid expenses PrepaidExpenseCurrentAndNoncurrent $482.00K USD Point-in-time
Prepaid expenses PrepaidExpenseCurrentAndNoncurrent $2.07M USD Point-in-time
Financing and lease costs, less accumulated amortization of $1,997 in 2018 and $1,943 in 2017 DeferredCostsCurrentAndNoncurrent $737.00K USD Point-in-time
Financing and lease costs, less accumulated amortization of $1,997 in 2018 and $1,943 in 2017 DeferredCostsCurrentAndNoncurrent $720.00K USD Point-in-time
Lease intangible assets, less accumulated amortization of $13,528 in 2018 and $12,932 in 2017 IntangibleAssetsNetExcludingGoodwill $13.26M USD Point-in-time
Lease intangible assets, less accumulated amortization of $13,528 in 2018 and $12,932 in 2017 IntangibleAssetsNetExcludingGoodwill $12.67M USD Point-in-time
Other assets OtherAssets $5.00K USD Point-in-time
Other assets OtherAssets $5.00K USD Point-in-time
Total Assets Assets $691.86M USD Point-in-time
Total Assets Assets $691.61M USD Point-in-time
Mortgage notes payable, net NotesPayable $391.17M USD Point-in-time
Mortgage notes payable, net NotesPayable $394.84M USD Point-in-time
Lines of credit LineOfCredit $2.96M USD Point-in-time
Special assessments payable SpecialAssessmentBond $518.00K USD Point-in-time
Special assessments payable SpecialAssessmentBond $755.00K USD Point-in-time
Dividends payable DividendsPayableCurrentAndNoncurrent $6.44M USD Point-in-time
Dividends payable DividendsPayableCurrentAndNoncurrent $6.66M USD Point-in-time
Due to related party DueToRelatedPartiesCurrentAndNoncurrent $366.00K USD Point-in-time
Due to related party DueToRelatedPartiesCurrentAndNoncurrent $388.00K USD Point-in-time
Tenant security deposits payable SecurityDepositLiability $4.04M USD Point-in-time
Tenant security deposits payable SecurityDepositLiability $4.09M USD Point-in-time
Subordinated debt SubordinatedDebt $175.00K USD Point-in-time
Subordinated debt SubordinatedDebt $175.00K USD Point-in-time
Lease intangible liabilities, less accumulated amortization of $1,456 in 2018 and $1,386 in 2017 OffMarketLeaseUnfavorable $1.78M USD Point-in-time
Lease intangible liabilities, less accumulated amortization of $1,456 in 2018 and $1,386 in 2017 OffMarketLeaseUnfavorable $1.71M USD Point-in-time
Accounts payable - trade AccountsPayableTradeCurrentAndNoncurrent $888.00K USD Point-in-time
Accounts payable - trade AccountsPayableTradeCurrentAndNoncurrent $486.00K USD Point-in-time
Retainage payable RetentionPayable $16.00K USD Point-in-time
Retainage payable RetentionPayable $92.00K USD Point-in-time
Fair value of interest rate swaps InterestRateDerivativeLiabilitiesAtFairValue $52.00K USD Point-in-time
Fair value of interest rate swaps InterestRateDerivativeLiabilitiesAtFairValue $65.00K USD Point-in-time
Deferred insurance proceeds DeferredInsuranceProceeds $620.00K USD Point-in-time
Deferred insurance proceeds DeferredInsuranceProceeds $1.22M USD Point-in-time
Accrued expenses and other liabilities AccruedLiabilitiesCurrentAndNoncurrent $6.52M USD Point-in-time
Accrued expenses and other liabilities AccruedLiabilitiesCurrentAndNoncurrent $7.89M USD Point-in-time
Total Liabilities Liabilities $416.08M USD Point-in-time
Total Liabilities Liabilities $417.83M USD Point-in-time
COMMITMENTS and CONTINGENCIES - Note 15 CommitmentsAndContingencies - USD Point-in-time
COMMITMENTS and CONTINGENCIES - Note 15 CommitmentsAndContingencies - USD Point-in-time
Beneficial interest StockholdersEquityAttributableToParentBeneficialInterest $90.82M USD Point-in-time
Beneficial interest StockholdersEquityAttributableToParentBeneficialInterest $92.54M USD Point-in-time
Noncontrolling interest in operating partnership MinorityInterestInOperatingPartnerships $179.84M USD Point-in-time
Noncontrolling interest in operating partnership MinorityInterestInOperatingPartnerships $180.14M USD Point-in-time
Noncontrolling in partially owned properties MinorityInterestInPartiallyOwnedProperties $3.18M USD Point-in-time
Noncontrolling in partially owned properties MinorityInterestInPartiallyOwnedProperties $3.16M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-52.00K USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-65.00K USD Point-in-time
Total Shareholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $273.77M USD Point-in-time
Total Shareholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $275.79M USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $691.86M USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $691.61M USD Point-in-time
Income Statement 66 line items
Line Item Tag Value Unit Period
Real estate rental income OperatingLeasesIncomeStatementMinimumLeaseRevenue $27.62M USD 1 Quarter
Real estate rental income OperatingLeasesIncomeStatementMinimumLeaseRevenue $26.41M USD 1 Quarter
Total income from rental operations Revenues $28.03M USD 1 Quarter
Total income from rental operations Revenues $29.23M USD 1 Quarter
Interest FinancingInterestExpense $4.50M USD 1 Quarter
Interest FinancingInterestExpense $4.64M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $5.35M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $5.36M USD 1 Quarter
Real estate taxes RealEstateTaxExpense $2.85M USD 1 Quarter
Real estate taxes RealEstateTaxExpense $2.59M USD 1 Quarter
Property management fees PropertyManagementFeesExpense $3.04M USD 1 Quarter
Property management fees PropertyManagementFeesExpense $3.28M USD 1 Quarter
Utilities UtilitiesExpense $2.79M USD 1 Quarter
Utilities UtilitiesExpense $2.50M USD 1 Quarter
Repairs and maintenance CostOfPropertyRepairsAndMaintenance $4.54M USD 1 Quarter
Repairs and maintenance CostOfPropertyRepairsAndMaintenance $4.96M USD 1 Quarter
Insurance RealEstateInsurance $368.00K USD 1 Quarter
Insurance RealEstateInsurance $518.00K USD 1 Quarter
Loss on lease terminations GainLossOnContractTermination $-115.00K USD 1 Quarter
Total expenses from rental operations CostOfRevenue $23.83M USD 1 Quarter
Total expenses from rental operations CostOfRevenue $23.57M USD 1 Quarter
Administrative expenses GeneralAndAdministrativeExpense $96.00K USD 1 Quarter
Administrative expenses GeneralAndAdministrativeExpense $107.00K USD 1 Quarter
Advisory fees AdvisoryManagementFees $718.00K USD 1 Quarter
Advisory fees AdvisoryManagementFees $696.00K USD 1 Quarter
Acquisition and disposition expenses AcquisitionAndDispositionRelatedExpenses $512.00K USD 1 Quarter
Trustee fees TrusteeFees $20.00K USD 1 Quarter
Trustee fees TrusteeFees $13.00K USD 1 Quarter
Legal and accounting ProfessionalFees $186.00K USD 1 Quarter
Legal and accounting ProfessionalFees $310.00K USD 1 Quarter
Total Administration of REIT OperatingExpenses $1.16M USD 1 Quarter
Total Administration of REIT OperatingExpenses $1.50M USD 1 Quarter
Total expenses CostsAndExpenses $25.07M USD 1 Quarter
Total expenses CostsAndExpenses $24.98M USD 1 Quarter
Income from operations OperatingIncomeLoss $4.25M USD 1 Quarter
Income from operations OperatingIncomeLoss $2.96M USD 1 Quarter
Equity in income of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $157.00K USD 1 Quarter
Equity in income of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $212.00K USD 1 Quarter
Other income OtherNonoperatingIncome $106.00K USD 1 Quarter
Other income OtherNonoperatingIncome $25.00K USD 1 Quarter
Gain (Loss) on sale of real estate and non-real estate investments GainLossOnSaleOfRealEstateAndNonRealEstateInvestments $-23.00K USD 1 Quarter
Gain on sale of investment in equity method investee GainLossOnSaleOfEquityInvestments $3.00K USD 1 Quarter
Gain (Loss) on involuntary conversion GainLossOnInvoluntaryConversions $747.00K USD 1 Quarter
Gain (Loss) on involuntary conversion GainLossOnInvoluntaryConversions $28.00K USD 1 Quarter
Total other income (expense) NonoperatingIncomeExpenseIncludingIncomeLossFromEquityMethodInvestments $245.00K USD 1 Quarter
Total other income (expense) NonoperatingIncomeExpenseIncludingIncomeLossFromEquityMethodInvestments $1.01M USD 1 Quarter
Net income ProfitLoss $5.26M USD 1 Quarter
Net income ProfitLoss $3.20M 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 operating partnership NoncontrollingInterestInNetIncomeLossOperatingPartnerships $3.54M USD 1 Quarter
Net (loss) attributable to noncontrolling interest in partially owned properties NoncontrollingInterestInNetIncomeLossPartiallyOwnedProperties $-85.00K USD 1 Quarter
Net (loss) attributable to noncontrolling interest in partially owned properties NoncontrollingInterestInNetIncomeLossPartiallyOwnedProperties $-19.00K USD 1 Quarter
Net income attributable to Sterling Real Estate Trust NetIncomeLoss $1.06M USD 1 Quarter
Net income attributable to Sterling Real Estate Trust NetIncomeLoss $1.74M USD 1 Quarter
Net income per common share, basic and diluted EarningsPerShareBasicAndDiluted $0.20 USD 1 Quarter
Net income per common share, basic and diluted EarningsPerShareBasicAndDiluted $0.13 USD 1 Quarter
Net income ProfitLoss $5.26M USD 1 Quarter
Net income ProfitLoss $3.20M USD 1 Quarter
Other comprehensive gain (loss) - change in fair value of interest rate swaps OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $24.00K USD 1 Quarter
Other comprehensive gain (loss) - change in fair value of interest rate swaps OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $13.00K USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $5.27M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $3.22M USD 1 Quarter
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $3.53M USD 1 Quarter
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $2.16M USD 1 Quarter
Comprehensive income attributable to Sterling Real Estate Trust ComprehensiveIncomeNetOfTax $1.74M USD 1 Quarter
Comprehensive income attributable to Sterling Real Estate Trust ComprehensiveIncomeNetOfTax $1.06M USD 1 Quarter
Cash Flow Statement 72 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $5.26M USD 1 Quarter
Net income ProfitLoss $3.20M USD 1 Quarter
(Gain) loss on sale of real estate investments GainsLossesOnSalesOfInvestmentRealEstate $-23.00K USD 1 Quarter
(Gain) loss on involuntary conversion GainOnBusinessInterruptionInsuranceRecovery $747.00K USD 1 Quarter
(Gain) loss on involuntary conversion GainOnBusinessInterruptionInsuranceRecovery $28.00K USD 1 Quarter
Loss on lease terminations GainLossOnContractTermination $-115.00K USD 1 Quarter
Equity in income of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $157.00K USD 1 Quarter
Equity in income of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $212.00K USD 1 Quarter
Distributions of earnings of unconsolidated affiliates EquityMethodInvestmentDividendsOrDistributions $157.00K USD 1 Quarter
Distributions of earnings of unconsolidated affiliates EquityMethodInvestmentDividendsOrDistributions $212.00K USD 1 Quarter
Depreciation Depreciation $4.71M USD 1 Quarter
Depreciation Depreciation $4.77M USD 1 Quarter
Amortization AmortizationOfIntangibleAssets $641.00K USD 1 Quarter
Amortization AmortizationOfIntangibleAssets $570.00K USD 1 Quarter
Amortization of debt issuance costs AmortizationOfFinancingCosts $166.00K USD 1 Quarter
Amortization of debt issuance costs AmortizationOfFinancingCosts $184.00K USD 1 Quarter
Due from related party IncreaseDecreaseInDueFromRelatedPartiesCurrent $-34.00K USD 1 Quarter
Due from related party IncreaseDecreaseInDueFromRelatedPartiesCurrent $-3.00K USD 1 Quarter
Receivables IncreaseDecreaseInAccountsReceivable $301.00K USD 1 Quarter
Receivables IncreaseDecreaseInAccountsReceivable $675.00K USD 1 Quarter
Prepaid expenses IncreaseDecreaseInPrepaidExpense $1.59M USD 1 Quarter
Prepaid expenses IncreaseDecreaseInPrepaidExpense $806.00K USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $-7.00K USD 1 Quarter
Due to related party IncreaseDecreaseInDueToRelatedParties $-534.00K USD 1 Quarter
Due to related party IncreaseDecreaseInDueToRelatedParties $22.00K USD 1 Quarter
Tenant security deposits payable IncreaseDecreaseInSecurityDeposits $20.00K USD 1 Quarter
Tenant security deposits payable IncreaseDecreaseInSecurityDeposits $116.00K USD 1 Quarter
Accounts payable - trade IncreaseDecreaseInAccountsPayable $-127.00K USD 1 Quarter
Accounts payable - trade IncreaseDecreaseInAccountsPayable $-97.00K USD 1 Quarter
Accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilities $-1.42M USD 1 Quarter
Accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilities $-727.00K USD 1 Quarter
NET CASH PROVIDED BY OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivities $6.50M USD 1 Quarter
NET CASH PROVIDED BY OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivities $6.27M USD 1 Quarter
Purchase of real estate investment properties PaymentsToAcquireAndDevelopRealEstate $2.98M USD 1 Quarter
Purchase of real estate investment properties PaymentsToAcquireAndDevelopRealEstate $2.05M USD 1 Quarter
Capital expenditures and tenant improvements PaymentsForLeasingCostsCommissionsAndTenantImprovements $1.58M USD 1 Quarter
Capital expenditures and tenant improvements PaymentsForLeasingCostsCommissionsAndTenantImprovements $2.21M USD 1 Quarter
Proceeds from sale of real estate investments and non-real estate investments PaymentsForProceedsFromInvestments $-42.00K USD 1 Quarter
Proceeds from involuntary conversion ProceedsFromInsuranceForInvoluntaryConversions $1.58M USD 1 Quarter
Proceeds from involuntary conversion ProceedsFromInsuranceForInvoluntaryConversions $152.00K USD 1 Quarter
Investment in unconsolidated affiliates PaymentsToAcquireEquityMethodInvestments $20.00K USD 1 Quarter
Distributions in excess of earnings received from unconsolidated affiliates ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $130.00K USD 1 Quarter
Distributions in excess of earnings received from unconsolidated affiliates ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $93.00K USD 1 Quarter
Notes receivable payments received ProceedsFromCollectionOfNotesReceivable $2.00K USD 1 Quarter
NET CASH USED IN INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities $-2.53M USD 1 Quarter
NET CASH USED IN INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities $-4.32M USD 1 Quarter
Payments for financing, debt issuance and lease costs PaymentsOfFinancingCosts $38.00K USD 1 Quarter
Payments for financing, debt issuance and lease costs PaymentsOfFinancingCosts $232.00K USD 1 Quarter
Principal payments on special assessments payable PrincipalPaymentsOnSpecialAssessmentsPayable $59.00K USD 1 Quarter
Principal payments on special assessments payable PrincipalPaymentsOnSpecialAssessmentsPayable $12.00K USD 1 Quarter
Proceeds from issuance of mortgage notes payable and subordinated debt ProceedsFromIssuanceOfLongTermDebt $13.22M USD 1 Quarter
Principal payments on mortgage notes payable RepaymentsOfLongTermDebt $2.88M USD 1 Quarter
Principal payments on mortgage notes payable RepaymentsOfLongTermDebt $3.83M USD 1 Quarter
Advances on lines of credit ProceedsFromLinesOfCredit $2.96M USD 1 Quarter
Proceeds from issuance of shares under optional purchase plan ProceedsFromIssuanceOfSharesUnderOptionalPurchasePlan $1.41M USD 1 Quarter
Proceeds from issuance of shares under optional purchase plan ProceedsFromIssuanceOfSharesUnderOptionalPurchasePlan $702.00K USD 1 Quarter
Shares/units redeemed PaymentsForRepurchaseOfCommonStock $419.00K USD 1 Quarter
Shares/units redeemed PaymentsForRepurchaseOfCommonStock $930.00K USD 1 Quarter
Dividends/distributions paid PaymentsOfDividendsCommonStock $5.06M USD 1 Quarter
Dividends/distributions paid PaymentsOfDividendsCommonStock $4.67M USD 1 Quarter
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $5.67M USD 1 Quarter
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $-5.50M USD 1 Quarter
NET CHANGE IN CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $9.64M USD 1 Quarter
NET CHANGE IN CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-3.54M USD 1 Quarter
CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT BEGINNING OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $19.27M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT BEGINNING OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $28.91M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT BEGINNING OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $17.01M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT BEGINNING OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $20.55M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $19.27M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $28.91M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $17.01M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $20.55M USD Point-in-time
Stockholders Equity 19 line items
Line Item Tag Value Unit Period
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $273.77M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $275.79M USD Point-in-time
Beginning Balance (in shares) CommonStockSharesOutstanding 8.49M shares Point-in-time
Beginning Balance (in shares) CommonStockSharesOutstanding 8.61M shares Point-in-time
Contribution of assets in exchange for the issuance of noncontrolling interest shares NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest $1.55M USD 1 Quarter
Shares/units redeemed StockRepurchasedDuringPeriodValue $930.00K USD 1 Quarter
Dividends declared DividendsCommonStockCash $6.66M USD 1 Quarter
Dividends reinvested - stock dividend StockIssuedDuringPeriodValueDividendReinvestmentPlan $1.37M USD 1 Quarter
Dividends reinvested - stock dividend (in shares) StockIssuedDuringPeriodSharesDividendReinvestmentPlan 79,000.00 shares 1 Quarter
Dividends reinvested - stock dividend (in shares) StockIssuedDuringPeriodSharesDividendReinvestmentPlan 82,000.00 shares 1 Quarter
Issuance of shares under optional purchase plan StockIssuedDuringPeriodValueStockPurchasePlan $1.41M USD 1 Quarter
Change in fair value of interest rate swaps OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $24.00K USD 1 Quarter
Change in fair value of interest rate swaps OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $13.00K USD 1 Quarter
Net income ProfitLoss $5.26M USD 1 Quarter
Net income ProfitLoss $3.20M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $273.77M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $275.79M USD Point-in-time
Ending balance (in shares) CommonStockSharesOutstanding 8.49M shares Point-in-time
Ending balance (in shares) CommonStockSharesOutstanding 8.61M shares Point-in-time

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

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