10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001558370-18-008956 |
| Period End Date | 20180930 |
| Filing Date | 20181108 |
| Fiscal Year | 2018 |
| Fiscal Period | Q3 |
| XBRL Instance | sret-20180930.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 |
AccumulatedAmortizationDeferredFinanceAndLeaseCosts
|
$1.98M | USD | Point-in-time |
| Accumulated amortization on financing and lease cost |
AccumulatedAmortizationDeferredFinanceAndLeaseCosts
|
$1.94M | USD | Point-in-time |
| Accumulated amortization on intangible assets |
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
$13.39M | USD | Point-in-time |
| Accumulated amortization on intangible assets |
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
$12.93M | USD | Point-in-time |
| Real estate investments, net |
RealEstateInvestmentPropertyNet
|
$648.68M | USD | Point-in-time |
| Real estate investments, net |
RealEstateInvestmentPropertyNet
|
$643.54M | USD | Point-in-time |
| Accumulated amortization on unfavorable leases |
DeferredRevenueLeasesAccumulatedAmortization
|
$1.39M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$16.30M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$20.99M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$12.49M | USD | Point-in-time |
| Accumulated amortization on unfavorable leases |
DeferredRevenueLeasesAccumulatedAmortization
|
$1.55M | USD | Point-in-time |
| Restricted deposits |
RestrictedCashAndCashEquivalents
|
$14.81M | USD | Point-in-time |
| Restricted deposits |
RestrictedCashAndCashEquivalents
|
$7.89M | USD | Point-in-time |
| Restricted deposits |
RestrictedCashAndCashEquivalents
|
$8.06M | USD | Point-in-time |
| Investment in unconsolidated affiliates |
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
$2.77M | 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 |
| Due from related party |
DueFromRelatedParties
|
$47.00K | USD | Point-in-time |
| Receivables |
AccountsReceivableNet
|
$5.11M | USD | Point-in-time |
| Receivables |
AccountsReceivableNet
|
$4.11M | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrentAndNoncurrent
|
$1.14M | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrentAndNoncurrent
|
$482.00K | USD | Point-in-time |
| Financing and lease costs, less accumulated amortization of $1,981 in 2018 and $1,943 in 2017 |
DeferredCostsCurrentAndNoncurrent
|
$737.00K | USD | Point-in-time |
| Financing and lease costs, less accumulated amortization of $1,981 in 2018 and $1,943 in 2017 |
DeferredCostsCurrentAndNoncurrent
|
$742.00K | USD | Point-in-time |
| Lease intangible assets, less accumulated amortization of $13,389 in 2018 and $12,932 in 2017 |
IntangibleAssetsNetExcludingGoodwill
|
$13.26M | USD | Point-in-time |
| Lease intangible assets, less accumulated amortization of $13,389 in 2018 and $12,932 in 2017 |
IntangibleAssetsNetExcludingGoodwill
|
$11.54M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$5.00K | USD | Point-in-time |
| Other assets |
OtherAssets
|
$1.31M | USD | Point-in-time |
| Total Assets |
Assets
|
$691.61M | USD | Point-in-time |
| Total Assets |
Assets
|
$696.30M | USD | Point-in-time |
| Mortgage notes payable, net |
NotesPayable
|
$393.48M | USD | Point-in-time |
| Mortgage notes payable, net |
NotesPayable
|
$394.84M | USD | Point-in-time |
| Special assessments payable |
SpecialAssessmentBond
|
$622.00K | USD | Point-in-time |
| Special assessments payable |
SpecialAssessmentBond
|
$518.00K | USD | Point-in-time |
| Dividends payable |
DividendsPayableCurrentAndNoncurrent
|
$6.72M | USD | Point-in-time |
| Dividends payable |
DividendsPayableCurrentAndNoncurrent
|
$6.44M | USD | Point-in-time |
| Due to related party |
DueToRelatedPartiesCurrentAndNoncurrent
|
$366.00K | USD | Point-in-time |
| Due to related party |
DueToRelatedPartiesCurrentAndNoncurrent
|
$466.00K | USD | Point-in-time |
| Tenant security deposits payable |
SecurityDepositLiability
|
$4.04M | USD | Point-in-time |
| Tenant security deposits payable |
SecurityDepositLiability
|
$4.07M | 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 $1,549 in 2018 and $1,386 in 2017 |
OffMarketLeaseUnfavorable
|
$1.54M | USD | Point-in-time |
| Lease intangible liabilities, less accumulated amortization of $1,549 in 2018 and $1,386 in 2017 |
OffMarketLeaseUnfavorable
|
$1.78M | USD | Point-in-time |
| Accounts payable - trade |
AccountsPayableTradeCurrentAndNoncurrent
|
$486.00K | USD | Point-in-time |
| Accounts payable - trade |
AccountsPayableTradeCurrentAndNoncurrent
|
$1.40M | USD | Point-in-time |
| Retainage payable |
RetentionPayable
|
$16.00K | USD | Point-in-time |
| Fair value of interest rate swaps |
InterestRateDerivativeLiabilitiesAtFairValue
|
$65.00K | USD | Point-in-time |
| Fair value of interest rate swaps |
InterestRateDerivativeLiabilitiesAtFairValue
|
$33.00K | USD | Point-in-time |
| Deferred insurance proceeds |
DeferredInsuranceProceeds
|
$35.00K | USD | Point-in-time |
| Deferred insurance proceeds |
DeferredInsuranceProceeds
|
$1.22M | USD | Point-in-time |
| Accrued expenses and other liabilities |
AccruedLiabilitiesCurrentAndNoncurrent
|
$7.89M | USD | Point-in-time |
| Accrued expenses and other liabilities |
AccruedLiabilitiesCurrentAndNoncurrent
|
$9.78M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$417.83M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$418.31M | 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
|
$96.25M | USD | Point-in-time |
| Beneficial interest |
StockholdersEquityAttributableToParentBeneficialInterest
|
$90.82M | USD | Point-in-time |
| Noncontrolling interest in operating partnership |
MinorityInterestInOperatingPartnerships
|
$179.84M | USD | Point-in-time |
| Noncontrolling interest in operating partnership |
MinorityInterestInOperatingPartnerships
|
$179.19M | USD | Point-in-time |
| Noncontrolling in partially owned properties |
MinorityInterestInPartiallyOwnedProperties
|
$3.18M | USD | Point-in-time |
| Noncontrolling in partially owned properties |
MinorityInterestInPartiallyOwnedProperties
|
$2.58M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-65.00K | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-33.00K | USD | Point-in-time |
| Total Shareholders' Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$273.77M | USD | Point-in-time |
| Total Shareholders' Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$277.99M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$696.30M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$691.61M | USD | Point-in-time |
Income Statement
137 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Real estate rental income |
OperatingLeasesIncomeStatementMinimumLeaseRevenue
|
$27.79M | USD | 1 Quarter |
| Real estate rental income |
OperatingLeasesIncomeStatementMinimumLeaseRevenue
|
$83.17M | USD | 3 Qtrs |
| Real estate rental income |
OperatingLeasesIncomeStatementMinimumLeaseRevenue
|
$80.61M | USD | 3 Qtrs |
| Real estate rental income |
OperatingLeasesIncomeStatementMinimumLeaseRevenue
|
$27.09M | USD | 1 Quarter |
| Tenant reimbursements |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$4.60M | USD | 3 Qtrs |
| Tenant reimbursements |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$4.59M | USD | 3 Qtrs |
| Tenant reimbursements |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$1.46M | USD | 1 Quarter |
| Tenant reimbursements |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$1.57M | USD | 1 Quarter |
| Total income from rental operations |
Revenues
|
$87.77M | USD | 3 Qtrs |
| Total income from rental operations |
Revenues
|
$28.66M | USD | 1 Quarter |
| Total income from rental operations |
Revenues
|
$85.20M | USD | 3 Qtrs |
| Total income from rental operations |
Revenues
|
$29.25M | USD | 1 Quarter |
| Interest |
FinancingInterestExpense
|
$4.69M | USD | 1 Quarter |
| Interest |
FinancingInterestExpense
|
$13.63M | USD | 3 Qtrs |
| Interest |
FinancingInterestExpense
|
$13.94M | USD | 3 Qtrs |
| Interest |
FinancingInterestExpense
|
$4.56M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$16.17M | USD | 3 Qtrs |
| Depreciation and amortization |
DepreciationAndAmortization
|
$15.91M | USD | 3 Qtrs |
| Depreciation and amortization |
DepreciationAndAmortization
|
$5.27M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$5.43M | USD | 1 Quarter |
| Real estate taxes |
RealEstateTaxExpense
|
$2.89M | USD | 1 Quarter |
| Real estate taxes |
RealEstateTaxExpense
|
$8.63M | USD | 3 Qtrs |
| Real estate taxes |
RealEstateTaxExpense
|
$3.19M | USD | 1 Quarter |
| Real estate taxes |
RealEstateTaxExpense
|
$8.39M | USD | 3 Qtrs |
| Property management |
PropertyManagementFeesExpense
|
$3.14M | USD | 1 Quarter |
| Property management |
PropertyManagementFeesExpense
|
$10.54M | USD | 3 Qtrs |
| Property management |
PropertyManagementFeesExpense
|
$9.16M | USD | 3 Qtrs |
| Property management |
PropertyManagementFeesExpense
|
$3.36M | USD | 1 Quarter |
| Utilities |
UtilitiesExpense
|
$6.46M | USD | 3 Qtrs |
| Utilities |
UtilitiesExpense
|
$1.96M | USD | 1 Quarter |
| Utilities |
UtilitiesExpense
|
$1.92M | USD | 1 Quarter |
| Utilities |
UtilitiesExpense
|
$6.96M | USD | 3 Qtrs |
| Repairs and maintenance |
CostOfPropertyRepairsAndMaintenance
|
$16.10M | USD | 3 Qtrs |
| Repairs and maintenance |
CostOfPropertyRepairsAndMaintenance
|
$15.79M | USD | 3 Qtrs |
| Repairs and maintenance |
CostOfPropertyRepairsAndMaintenance
|
$6.17M | USD | 1 Quarter |
| Repairs and maintenance |
CostOfPropertyRepairsAndMaintenance
|
$5.60M | USD | 1 Quarter |
| Insurance |
RealEstateInsurance
|
$1.69M | USD | 3 Qtrs |
| Insurance |
RealEstateInsurance
|
$376.00K | USD | 1 Quarter |
| Insurance |
RealEstateInsurance
|
$1.11M | USD | 3 Qtrs |
| Insurance |
RealEstateInsurance
|
$590.00K | USD | 1 Quarter |
| Loss on lease terminations |
GainLossOnContractTermination
|
$-146.00K | USD | 3 Qtrs |
| Total expenses from rental operations |
CostOfRevenue
|
$71.48M | USD | 3 Qtrs |
| Total expenses from rental operations |
CostOfRevenue
|
$24.90M | USD | 1 Quarter |
| Total expenses from rental operations |
CostOfRevenue
|
$24.23M | USD | 1 Quarter |
| Total expenses from rental operations |
CostOfRevenue
|
$73.16M | USD | 3 Qtrs |
| Administrative expenses |
GeneralAndAdministrativeExpense
|
$61.00K | USD | 1 Quarter |
| Administrative expenses |
GeneralAndAdministrativeExpense
|
$154.00K | USD | 1 Quarter |
| Administrative expenses |
GeneralAndAdministrativeExpense
|
$290.00K | USD | 3 Qtrs |
| Administrative expenses |
GeneralAndAdministrativeExpense
|
$361.00K | USD | 3 Qtrs |
| Advisory fees |
AdvisoryManagementFees
|
$727.00K | USD | 1 Quarter |
| Advisory fees |
AdvisoryManagementFees
|
$2.11M | USD | 3 Qtrs |
| Advisory fees |
AdvisoryManagementFees
|
$2.17M | USD | 3 Qtrs |
| Advisory fees |
AdvisoryManagementFees
|
$714.00K | USD | 1 Quarter |
| Acquisition and disposition expenses |
AcquisitionAndDispositionRelatedExpenses
|
$583.00K | USD | 3 Qtrs |
| Acquisition and disposition expenses |
AcquisitionAndDispositionRelatedExpenses
|
$434.00K | USD | 1 Quarter |
| Acquisition and disposition expenses |
AcquisitionAndDispositionRelatedExpenses
|
$1.38M | USD | 3 Qtrs |
| Trustee fees |
TrusteeFees
|
$19.00K | USD | 1 Quarter |
| Trustee fees |
TrusteeFees
|
$44.00K | USD | 3 Qtrs |
| Trustee fees |
TrusteeFees
|
$12.00K | USD | 1 Quarter |
| Trustee fees |
TrusteeFees
|
$53.00K | USD | 3 Qtrs |
| Legal and accounting |
ProfessionalFees
|
$385.00K | USD | 3 Qtrs |
| Legal and accounting |
ProfessionalFees
|
$126.00K | USD | 1 Quarter |
| Legal and accounting |
ProfessionalFees
|
$98.00K | USD | 1 Quarter |
| Legal and accounting |
ProfessionalFees
|
$539.00K | USD | 3 Qtrs |
| Total Administration of REIT |
OperatingExpenses
|
$885.00K | USD | 1 Quarter |
| Total Administration of REIT |
OperatingExpenses
|
$4.21M | USD | 3 Qtrs |
| Total Administration of REIT |
OperatingExpenses
|
$1.46M | USD | 1 Quarter |
| Total Administration of REIT |
OperatingExpenses
|
$3.70M | USD | 3 Qtrs |
| Total expenses |
CostsAndExpenses
|
$76.87M | USD | 3 Qtrs |
| Total expenses |
CostsAndExpenses
|
$25.69M | USD | 1 Quarter |
| Total expenses |
CostsAndExpenses
|
$25.79M | USD | 1 Quarter |
| Total expenses |
CostsAndExpenses
|
$75.69M | USD | 3 Qtrs |
| Income from operations |
OperatingIncomeLoss
|
$2.87M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$9.51M | USD | 3 Qtrs |
| Income from operations |
OperatingIncomeLoss
|
$10.90M | USD | 3 Qtrs |
| Income from operations |
OperatingIncomeLoss
|
$3.56M | USD | 1 Quarter |
| Equity in income of unconsolidated affiliates |
IncomeLossFromEquityMethodInvestments
|
$445.00K | USD | 3 Qtrs |
| Equity in income of unconsolidated affiliates |
IncomeLossFromEquityMethodInvestments
|
$743.00K | USD | 3 Qtrs |
| Equity in income of unconsolidated affiliates |
IncomeLossFromEquityMethodInvestments
|
$161.00K | USD | 1 Quarter |
| Equity in income of unconsolidated affiliates |
IncomeLossFromEquityMethodInvestments
|
$373.00K | USD | 1 Quarter |
| Other income |
OtherNonoperatingIncome
|
$20.00K | USD | 1 Quarter |
| Other income |
OtherNonoperatingIncome
|
$45.00K | USD | 1 Quarter |
| Other income |
OtherNonoperatingIncome
|
$206.00K | USD | 3 Qtrs |
| Other income |
OtherNonoperatingIncome
|
$70.00K | USD | 3 Qtrs |
| Gain (loss) on sale of real estate and non-real estate investments |
GainLossOnSaleOfRealEstateAndNonRealEstateInvestments
|
$-3.00K | USD | 1 Quarter |
| Gain (loss) on sale of real estate and non-real estate investments |
GainLossOnSaleOfRealEstateAndNonRealEstateInvestments
|
$3.21M | USD | 1 Quarter |
| Gain (loss) on sale of real estate and non-real estate investments |
GainLossOnSaleOfRealEstateAndNonRealEstateInvestments
|
$4.30M | USD | 3 Qtrs |
| Gain (loss) on sale of real estate and non-real estate investments |
GainLossOnSaleOfRealEstateAndNonRealEstateInvestments
|
$2.05M | USD | 3 Qtrs |
| Gain on change in control of real estate investments |
GainOnChangeInControlOfInvestmentProperty
|
$2.19M | USD | 3 Qtrs |
| Gain on sale of investment in equity method investee |
GainLossOnSaleOfEquityInvestments
|
$3.00K | USD | 3 Qtrs |
| Gain on involuntary conversion |
GainLossOnInvoluntaryConversions
|
$189.00K | USD | 3 Qtrs |
| Gain on involuntary conversion |
GainLossOnInvoluntaryConversions
|
$1.47M | USD | 3 Qtrs |
| Gain on involuntary conversion |
GainLossOnInvoluntaryConversions
|
$100.00K | USD | 1 Quarter |
| Total other income (expense) |
NonoperatingIncomeExpenseIncludingIncomeLossFromEquityMethodInvestments
|
$390.00K | USD | 1 Quarter |
| Total other income (expense) |
NonoperatingIncomeExpenseIncludingIncomeLossFromEquityMethodInvestments
|
$3.52M | USD | 1 Quarter |
| Total other income (expense) |
NonoperatingIncomeExpenseIncludingIncomeLossFromEquityMethodInvestments
|
$6.42M | USD | 3 Qtrs |
| Total other income (expense) |
NonoperatingIncomeExpenseIncludingIncomeLossFromEquityMethodInvestments
|
$5.24M | USD | 3 Qtrs |
| Net income |
ProfitLoss
|
$3.26M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$14.75M | USD | 3 Qtrs |
| Net income |
ProfitLoss
|
$7.08M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$17.32M | USD | 3 Qtrs |
| 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
|
$10.15M | USD | 3 Qtrs |
| Net income attributable to noncontrolling interest in operating partnership |
NoncontrollingInterestInNetIncomeLossOperatingPartnerships
|
$4.74M | USD | 1 Quarter |
| Net income attributable to noncontrolling interest in operating partnership |
NoncontrollingInterestInNetIncomeLossOperatingPartnerships
|
$11.65M | USD | 3 Qtrs |
| Net (loss) attributable to noncontrolling interest in partially owned properties |
NoncontrollingInterestInNetIncomeLossPartiallyOwnedProperties
|
$-127.00K | USD | 3 Qtrs |
| Net (loss) attributable to noncontrolling interest in partially owned properties |
NoncontrollingInterestInNetIncomeLossPartiallyOwnedProperties
|
$-222.00K | USD | 3 Qtrs |
| Net (loss) attributable to noncontrolling interest in partially owned properties |
NoncontrollingInterestInNetIncomeLossPartiallyOwnedProperties
|
$-34.00K | USD | 1 Quarter |
| Net (loss) attributable to noncontrolling interest in partially owned properties |
NoncontrollingInterestInNetIncomeLossPartiallyOwnedProperties
|
$-90.00K | USD | 1 Quarter |
| Net income attributable to Sterling Real Estate Trust |
NetIncomeLoss
|
$2.38M | USD | 1 Quarter |
| Net income attributable to Sterling Real Estate Trust |
NetIncomeLoss
|
$1.08M | USD | 1 Quarter |
| Net income attributable to Sterling Real Estate Trust |
NetIncomeLoss
|
$4.82M | USD | 3 Qtrs |
| Net income attributable to Sterling Real Estate Trust |
NetIncomeLoss
|
$5.80M | USD | 3 Qtrs |
| Net income per common share, basic and diluted |
EarningsPerShareBasicAndDiluted
|
$0.59 | USD | 3 Qtrs |
| Net income per common share, basic and diluted |
EarningsPerShareBasicAndDiluted
|
$0.13 | USD | 1 Quarter |
| Net income per common share, basic and diluted |
EarningsPerShareBasicAndDiluted
|
$0.27 | USD | 1 Quarter |
| Net income per common share, basic and diluted |
EarningsPerShareBasicAndDiluted
|
$0.66 | USD | 3 Qtrs |
| Net income |
ProfitLoss
|
$3.26M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$14.75M | USD | 3 Qtrs |
| Net income |
ProfitLoss
|
$7.08M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$17.32M | USD | 3 Qtrs |
| Other comprehensive gain - change in fair value of interest rate swaps |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$32.00K | USD | 3 Qtrs |
| Other comprehensive gain - change in fair value of interest rate swaps |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$8.00K | USD | 1 Quarter |
| Other comprehensive gain - change in fair value of interest rate swaps |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$17.00K | USD | 1 Quarter |
| Other comprehensive gain - change in fair value of interest rate swaps |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$57.00K | USD | 3 Qtrs |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$7.09M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$3.27M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$14.80M | USD | 3 Qtrs |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$17.35M | USD | 3 Qtrs |
| Comprehensive income attributable to noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$4.71M | USD | 1 Quarter |
| Comprehensive income attributable to noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$9.96M | USD | 3 Qtrs |
| Comprehensive income attributable to noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$2.19M | USD | 1 Quarter |
| Comprehensive income attributable to noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$11.55M | USD | 3 Qtrs |
| Comprehensive income attributable to Sterling Real Estate Trust |
ComprehensiveIncomeNetOfTax
|
$4.84M | USD | 3 Qtrs |
| Comprehensive income attributable to Sterling Real Estate Trust |
ComprehensiveIncomeNetOfTax
|
$2.38M | USD | 1 Quarter |
| Comprehensive income attributable to Sterling Real Estate Trust |
ComprehensiveIncomeNetOfTax
|
$5.81M | USD | 3 Qtrs |
| Comprehensive income attributable to Sterling Real Estate Trust |
ComprehensiveIncomeNetOfTax
|
$1.09M | USD | 1 Quarter |
Cash Flow Statement
87 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$3.26M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$14.75M | USD | 3 Qtrs |
| Net income |
ProfitLoss
|
$7.08M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$17.32M | USD | 3 Qtrs |
| Gain on sale of real estate investments |
GainsLossesOnSalesOfInvestmentRealEstate
|
$4.30M | USD | 3 Qtrs |
| Gain on sale of real estate investments |
GainsLossesOnSalesOfInvestmentRealEstate
|
$2.07M | USD | 3 Qtrs |
| Loss on sale of non-real estate investments |
GainLossOnSaleOfOtherInvestments
|
$-23.00K | USD | 3 Qtrs |
| (Gain) on change in control of real estate investment |
GainOnChangeInControlOfInvestmentProperty
|
$2.19M | USD | 3 Qtrs |
| Gain on involuntary conversion |
GainOnBusinessInterruptionInsuranceRecovery
|
$189.00K | USD | 3 Qtrs |
| Gain on involuntary conversion |
GainOnBusinessInterruptionInsuranceRecovery
|
$1.47M | USD | 3 Qtrs |
| Loss on lease terminations |
GainLossOnContractTermination
|
$-146.00K | USD | 3 Qtrs |
| Equity in income of unconsolidated affiliates |
IncomeLossFromEquityMethodInvestments
|
$445.00K | USD | 3 Qtrs |
| Equity in income of unconsolidated affiliates |
IncomeLossFromEquityMethodInvestments
|
$743.00K | USD | 3 Qtrs |
| Equity in income of unconsolidated affiliates |
IncomeLossFromEquityMethodInvestments
|
$161.00K | USD | 1 Quarter |
| Equity in income of unconsolidated affiliates |
IncomeLossFromEquityMethodInvestments
|
$373.00K | USD | 1 Quarter |
| Distributions of earnings of unconsolidated affiliates |
EquityMethodInvestmentDividendsOrDistributions
|
$445.00K | USD | 3 Qtrs |
| Distributions of earnings of unconsolidated affiliates |
EquityMethodInvestmentDividendsOrDistributions
|
$80.00K | USD | 3 Qtrs |
| Allowance for uncollectible accounts receivable |
ProvisionForDoubtfulAccounts
|
$-567.00K | USD | 3 Qtrs |
| Depreciation |
Depreciation
|
$4.76M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$14.27M | USD | 3 Qtrs |
| Depreciation |
Depreciation
|
$4.82M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$14.27M | USD | 3 Qtrs |
| Amortization |
AmortizationOfIntangibleAssets
|
$1.85M | USD | 3 Qtrs |
| Amortization |
AmortizationOfIntangibleAssets
|
$1.59M | USD | 3 Qtrs |
| Amortization of debt issuance costs |
AmortizationOfFinancingCosts
|
$523.00K | USD | 3 Qtrs |
| Amortization of debt issuance costs |
AmortizationOfFinancingCosts
|
$561.00K | USD | 3 Qtrs |
| Due from related party |
IncreaseDecreaseInDueFromRelatedPartiesCurrent
|
$44.00K | USD | 3 Qtrs |
| Due from related party |
IncreaseDecreaseInDueFromRelatedPartiesCurrent
|
$-32.00K | USD | 3 Qtrs |
| Receivables |
IncreaseDecreaseInAccountsReceivable
|
$81.00K | USD | 3 Qtrs |
| Receivables |
IncreaseDecreaseInAccountsReceivable
|
$-751.00K | USD | 3 Qtrs |
| Prepaid expenses |
IncreaseDecreaseInPrepaidExpense
|
$659.00K | USD | 3 Qtrs |
| Prepaid expenses |
IncreaseDecreaseInPrepaidExpense
|
$430.00K | USD | 3 Qtrs |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-24.00K | USD | 3 Qtrs |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$1.31M | USD | 3 Qtrs |
| Due to related party |
IncreaseDecreaseInDueToRelatedParties
|
$-532.00K | USD | 3 Qtrs |
| Due to related party |
IncreaseDecreaseInDueToRelatedParties
|
$157.00K | USD | 3 Qtrs |
| Tenant security deposits payable |
IncreaseDecreaseInSecurityDeposits
|
$-1.00K | USD | 3 Qtrs |
| Tenant security deposits payable |
IncreaseDecreaseInSecurityDeposits
|
$176.00K | USD | 3 Qtrs |
| Accounts payable - trade |
IncreaseDecreaseInAccountsPayable
|
$-96.00K | USD | 3 Qtrs |
| Accounts payable - trade |
IncreaseDecreaseInAccountsPayable
|
$876.00K | USD | 3 Qtrs |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$1.71M | USD | 3 Qtrs |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$1.21M | USD | 3 Qtrs |
| NET CASH PROVIDED BY OPERATING ACTIVITIES |
NetCashProvidedByUsedInOperatingActivities
|
$28.35M | USD | 3 Qtrs |
| NET CASH PROVIDED BY OPERATING ACTIVITIES |
NetCashProvidedByUsedInOperatingActivities
|
$27.29M | USD | 3 Qtrs |
| Purchase of real estate investment properties |
PaymentsToAcquireAndDevelopRealEstate
|
$6.08M | USD | 3 Qtrs |
| Purchase of real estate investment properties |
PaymentsToAcquireAndDevelopRealEstate
|
$7.91M | USD | 3 Qtrs |
| Capital expenditures and tenant improvements |
PaymentsForLeasingCostsCommissionsAndTenantImprovements
|
$9.12M | USD | 3 Qtrs |
| Capital expenditures and tenant improvements |
PaymentsForLeasingCostsCommissionsAndTenantImprovements
|
$8.64M | USD | 3 Qtrs |
| Proceeds from sale of real estate investments and non-real estate investments |
PaymentsForProceedsFromInvestments
|
$-4.44M | USD | 3 Qtrs |
| Proceeds from sale of real estate investments and non-real estate investments |
PaymentsForProceedsFromInvestments
|
$-13.05M | USD | 3 Qtrs |
| Proceeds from involuntary conversion |
ProceedsFromInsuranceForInvoluntaryConversions
|
$1.11M | USD | 3 Qtrs |
| Proceeds from involuntary conversion |
ProceedsFromInsuranceForInvoluntaryConversions
|
$1.94M | USD | 3 Qtrs |
| Investment in unconsolidated affiliates |
PaymentsToAcquireEquityMethodInvestments
|
$294.00K | USD | 3 Qtrs |
| Investment in unconsolidated affiliates |
PaymentsToAcquireEquityMethodInvestments
|
$81.00K | USD | 3 Qtrs |
| Distributions in excess of earnings received from unconsolidated affiliates |
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
$743.00K | USD | 3 Qtrs |
| Distributions in excess of earnings received from unconsolidated affiliates |
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
$88.00K | USD | 3 Qtrs |
| Notes receivable payments received |
ProceedsFromCollectionOfNotesReceivable
|
$642.00K | USD | 3 Qtrs |
| NET CASH USED IN INVESTING ACTIVITIES |
NetCashProvidedByUsedInInvestingActivities
|
$-9.56M | USD | 3 Qtrs |
| NET CASH USED IN INVESTING ACTIVITIES |
NetCashProvidedByUsedInInvestingActivities
|
$-548.00K | USD | 3 Qtrs |
| Payments for financing, debt issuance and lease costs |
PaymentsOfFinancingCosts
|
$272.00K | USD | 3 Qtrs |
| Payments for financing, debt issuance and lease costs |
PaymentsOfFinancingCosts
|
$442.00K | USD | 3 Qtrs |
| Principal payments on special assessments payable |
PrincipalPaymentsOnSpecialAssessmentsPayable
|
$141.00K | USD | 3 Qtrs |
| Principal payments on special assessments payable |
PrincipalPaymentsOnSpecialAssessmentsPayable
|
$420.00K | USD | 3 Qtrs |
| Proceeds from issuance of mortgage notes payable and subordinated debt |
ProceedsFromIssuanceOfLongTermDebt
|
$10.28M | USD | 3 Qtrs |
| Proceeds from issuance of mortgage notes payable and subordinated debt |
ProceedsFromIssuanceOfLongTermDebt
|
$23.92M | USD | 3 Qtrs |
| Principal payments on mortgage notes payable |
RepaymentsOfLongTermDebt
|
$16.63M | USD | 3 Qtrs |
| Principal payments on mortgage notes payable |
RepaymentsOfLongTermDebt
|
$12.03M | USD | 3 Qtrs |
| Advances on lines of credit |
ProceedsFromLinesOfCredit
|
$3.81M | USD | 3 Qtrs |
| Payments on lines of credit |
RepaymentsOfLinesOfCredit
|
$3.81M | USD | 3 Qtrs |
| Proceeds from issuance of shares under optional purchase plan |
ProceedsFromIssuanceOfSharesUnderOptionalPurchasePlan
|
$2.19M | USD | 3 Qtrs |
| Proceeds from issuance of shares under optional purchase plan |
ProceedsFromIssuanceOfSharesUnderOptionalPurchasePlan
|
$3.08M | USD | 3 Qtrs |
| Shares/units redeemed |
PaymentsForRepurchaseOfCommonStock
|
$2.17M | USD | 3 Qtrs |
| Shares/units redeemed |
PaymentsForRepurchaseOfCommonStock
|
$1.53M | USD | 3 Qtrs |
| Dividends/distributions paid |
PaymentsOfDividendsCommonStock
|
$15.20M | USD | 3 Qtrs |
| Dividends/distributions paid |
PaymentsOfDividendsCommonStock
|
$16.00M | USD | 3 Qtrs |
| NET CASH USED IN FINANCING ACTIVITIES |
NetCashProvidedByUsedInFinancingActivities
|
$-17.25M | USD | 3 Qtrs |
| NET CASH USED IN FINANCING ACTIVITIES |
NetCashProvidedByUsedInFinancingActivities
|
$-8.11M | USD | 3 Qtrs |
| NET CHANGE IN CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$10.55M | USD | 3 Qtrs |
| NET CHANGE IN CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$9.62M | USD | 3 Qtrs |
| 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
|
$20.55M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT BEGINNING OF PERIOD |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$28.89M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT BEGINNING OF PERIOD |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$31.11M | 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
|
$20.55M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT END OF PERIOD |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$28.89M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT END OF PERIOD |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$31.11M | USD | Point-in-time |
Stockholders Equity
25 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$273.77M | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$277.99M | USD | Point-in-time |
| Beginning Balance (in shares) |
CommonStockSharesOutstanding
|
8.84M | shares | Point-in-time |
| Beginning Balance (in shares) |
CommonStockSharesOutstanding
|
8.49M | shares | Point-in-time |
| Shares issued pursuant to trustee compensation plan |
StockIssuedDuringPeriodValueShareBasedCompensationGross
|
$57.00K | USD | 3 Qtrs |
| Contribution of assets in exchange for the issuance of noncontrolling interest shares |
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
|
$2.18M | USD | 3 Qtrs |
| Shares/units redeemed |
StockRepurchasedDuringPeriodValue
|
$2.17M | USD | 3 Qtrs |
| Dividends declared |
DividendsCommonStockCash
|
$20.06M | USD | 3 Qtrs |
| Dividends reinvested - stock dividend |
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
$4.26M | USD | 3 Qtrs |
| Dividends reinvested - stock dividend (in shares) |
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
|
247,000.00 | shares | 3 Qtrs |
| Dividends reinvested - stock dividend (in shares) |
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
|
243,000.00 | shares | 3 Qtrs |
| Issuance of shares under optional purchase plan |
StockIssuedDuringPeriodValueStockPurchasePlan
|
$3.08M | USD | 3 Qtrs |
| Change in fair value of interest rate swaps |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$32.00K | USD | 3 Qtrs |
| Change in fair value of interest rate swaps |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$8.00K | USD | 1 Quarter |
| Change in fair value of interest rate swaps |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$17.00K | USD | 1 Quarter |
| Change in fair value of interest rate swaps |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$57.00K | USD | 3 Qtrs |
| Distributions paid to consolidated real estate entity noncontrolling interests |
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
$477.00K | USD | 3 Qtrs |
| Net income |
ProfitLoss
|
$3.26M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$14.75M | USD | 3 Qtrs |
| Net income |
ProfitLoss
|
$7.08M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$17.32M | USD | 3 Qtrs |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$273.77M | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$277.99M | USD | Point-in-time |
| Ending balance (in shares) |
CommonStockSharesOutstanding
|
8.84M | shares | Point-in-time |
| Ending balance (in shares) |
CommonStockSharesOutstanding
|
8.49M | shares | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.