10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001558370-20-009839 |
| Period End Date | 20200630 |
| Filing Date | 20200807 |
| Fiscal Year | 2020 |
| Fiscal Period | Q2 |
| XBRL Instance | tmb-20200630x10q_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
62 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Lease intangible assets, accumulated amortization |
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
$15.56M | USD | Point-in-time |
| Lease intangible assets, accumulated amortization |
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
$15.51M | USD | Point-in-time |
| Lease intangible liabilities, accumulated amortization |
BelowMarketLeaseAccumulatedAmortization
|
$1.88M | USD | Point-in-time |
| Land and land improvements |
LandAndLandImprovements
|
$114.67M | USD | Point-in-time |
| Lease intangible liabilities, accumulated amortization |
BelowMarketLeaseAccumulatedAmortization
|
$1.94M | USD | Point-in-time |
| Land and land improvements |
LandAndLandImprovements
|
$116.01M | USD | Point-in-time |
| Building and improvements |
InvestmentBuildingAndBuildingImprovements
|
$676.23M | USD | Point-in-time |
| Building and improvements |
InvestmentBuildingAndBuildingImprovements
|
$685.53M | USD | Point-in-time |
| Construction in progress |
DevelopmentInProcess
|
$11.13M | USD | Point-in-time |
| Construction in progress |
DevelopmentInProcess
|
$24.56M | USD | Point-in-time |
| Real estate investments |
RealEstateInvestmentPropertyAtCost
|
$826.10M | USD | Point-in-time |
| Real estate investments |
RealEstateInvestmentPropertyAtCost
|
$802.03M | USD | Point-in-time |
| Less accumulated depreciation |
RealEstateInvestmentPropertyAccumulatedDepreciation
|
$154.62M | USD | Point-in-time |
| Less accumulated depreciation |
RealEstateInvestmentPropertyAccumulatedDepreciation
|
$146.32M | USD | Point-in-time |
| Real estate investments, net |
RealEstateInvestmentPropertyNet
|
$655.71M | USD | Point-in-time |
| Real estate investments, net |
RealEstateInvestmentPropertyNet
|
$671.48M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$9.00M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$16.62M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$8.70M | USD | Point-in-time |
| Restricted deposits |
RestrictedCashAndCashEquivalents
|
$7.93M | USD | Point-in-time |
| Restricted deposits |
RestrictedCashAndCashEquivalents
|
$8.38M | USD | Point-in-time |
| Restricted deposits |
RestrictedCashAndCashEquivalents
|
$13.79M | USD | Point-in-time |
| Investment in unconsolidated affiliates |
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
$7.92M | USD | Point-in-time |
| Investment in unconsolidated affiliates |
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
$8.28M | USD | Point-in-time |
| Notes receivable |
NotesReceivableGross
|
$1.30M | USD | Point-in-time |
| Notes receivable |
NotesReceivableGross
|
$2.06M | USD | Point-in-time |
| Lease intangible assets, less accumulated amortization of $15,508 in 2020 and $15,558 in 2019 |
IntangibleAssetsNetExcludingGoodwill
|
$9.13M | USD | Point-in-time |
| Lease intangible assets, less accumulated amortization of $15,508 in 2020 and $15,558 in 2019 |
IntangibleAssetsNetExcludingGoodwill
|
$8.03M | USD | Point-in-time |
| Other assets, net |
OtherAssets
|
$8.24M | USD | Point-in-time |
| Other assets, net |
OtherAssets
|
$6.34M | USD | Point-in-time |
| Total Assets |
Assets
|
$699.69M | USD | Point-in-time |
| Total Assets |
Assets
|
$718.67M | USD | Point-in-time |
| Mortgage notes payable, net |
NotesPayable
|
$403.17M | USD | Point-in-time |
| Mortgage notes payable, net |
NotesPayable
|
$393.16M | USD | Point-in-time |
| Dividends payable |
DividendsPayableCurrentAndNoncurrent
|
$7.12M | USD | Point-in-time |
| Dividends payable |
DividendsPayableCurrentAndNoncurrent
|
$7.37M | USD | Point-in-time |
| Tenant security deposits payable |
SecurityDepositLiability
|
$4.44M | USD | Point-in-time |
| Tenant security deposits payable |
SecurityDepositLiability
|
$4.88M | USD | Point-in-time |
| Lease intangible liabilities, less accumulated amortization of $1,935 in 2020 and $1,881 in 2019 |
OffMarketLeaseUnfavorable
|
$1.21M | USD | Point-in-time |
| Lease intangible liabilities, less accumulated amortization of $1,935 in 2020 and $1,881 in 2019 |
OffMarketLeaseUnfavorable
|
$1.10M | USD | Point-in-time |
| Accrued expenses and other liabilities |
AccruedLiabilitiesCurrentAndNoncurrent
|
$14.71M | USD | Point-in-time |
| Accrued expenses and other liabilities |
AccruedLiabilitiesCurrentAndNoncurrent
|
$16.78M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$433.29M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$420.64M | USD | Point-in-time |
| COMMITMENTS and CONTINGENCIES - Note 14 |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| COMMITMENTS and CONTINGENCIES - Note 14 |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Beneficial interest |
StockholdersEquityAttributableToParentBeneficialInterest
|
$102.37M | USD | Point-in-time |
| Beneficial interest |
StockholdersEquityAttributableToParentBeneficialInterest
|
$104.59M | USD | Point-in-time |
| Noncontrolling interest in Operating partnership |
MinorityInterestInOperatingPartnerships
|
$180.44M | USD | Point-in-time |
| Noncontrolling interest in Operating partnership |
MinorityInterestInOperatingPartnerships
|
$174.22M | USD | Point-in-time |
| Partially owned properties |
MinorityInterestInPartiallyOwnedProperties
|
$2.43M | USD | Point-in-time |
| Partially owned properties |
MinorityInterestInPartiallyOwnedProperties
|
$2.42M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-2.07M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$37.00K | USD | Point-in-time |
| Total Shareholders' Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$279.05M | USD | Point-in-time |
| Total Shareholders' Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$282.09M | USD | Point-in-time |
| Total Shareholders' Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$281.78M | USD | Point-in-time |
| Total Shareholders' Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$285.38M | USD | Point-in-time |
| Total Shareholders' Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$283.75M | USD | Point-in-time |
| Total Shareholders' Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$286.01M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$699.69M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$718.67M | USD | Point-in-time |
Income Statement
102 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Real estate rental income |
Revenues
|
$60.73M | USD | 2 Qtrs |
| Real estate rental income |
Revenues
|
$30.27M | USD | 1 Quarter |
| Real estate rental income |
Revenues
|
$30.82M | USD | 1 Quarter |
| Real estate rental income |
Revenues
|
$60.10M | USD | 2 Qtrs |
| Operating expenses, excluding real estate taxes |
OperatingExpensesExcludingRealEstateTaxes
|
$23.50M | USD | 2 Qtrs |
| Operating expenses, excluding real estate taxes |
OperatingExpensesExcludingRealEstateTaxes
|
$24.01M | USD | 2 Qtrs |
| Operating expenses, excluding real estate taxes |
OperatingExpensesExcludingRealEstateTaxes
|
$11.83M | USD | 1 Quarter |
| Operating expenses, excluding real estate taxes |
OperatingExpensesExcludingRealEstateTaxes
|
$10.96M | USD | 1 Quarter |
| Real estate taxes |
RealEstateTaxExpense
|
$3.02M | USD | 1 Quarter |
| Real estate taxes |
RealEstateTaxExpense
|
$6.30M | USD | 2 Qtrs |
| Real estate taxes |
RealEstateTaxExpense
|
$6.05M | USD | 2 Qtrs |
| Real estate taxes |
RealEstateTaxExpense
|
$3.14M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$10.50M | USD | 2 Qtrs |
| Depreciation and amortization |
DepreciationAndAmortization
|
$5.25M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$10.89M | USD | 2 Qtrs |
| Depreciation and amortization |
DepreciationAndAmortization
|
$5.35M | USD | 1 Quarter |
| Interest |
FinancingInterestExpense
|
$4.22M | USD | 1 Quarter |
| Interest |
FinancingInterestExpense
|
$9.30M | USD | 2 Qtrs |
| Interest |
FinancingInterestExpense
|
$8.57M | USD | 2 Qtrs |
| Interest |
FinancingInterestExpense
|
$4.58M | USD | 1 Quarter |
| Total expenses from rental operations |
OperatingCostsAndExpenses
|
$24.79M | USD | 1 Quarter |
| Total expenses from rental operations |
OperatingCostsAndExpenses
|
$48.87M | USD | 2 Qtrs |
| Total expenses from rental operations |
OperatingCostsAndExpenses
|
$23.57M | USD | 1 Quarter |
| Total expenses from rental operations |
OperatingCostsAndExpenses
|
$50.25M | USD | 2 Qtrs |
| Administration of REIT |
GeneralAndAdministrativeExpense
|
$2.25M | USD | 2 Qtrs |
| Administration of REIT |
GeneralAndAdministrativeExpense
|
$971.00K | USD | 1 Quarter |
| Administration of REIT |
GeneralAndAdministrativeExpense
|
$2.08M | USD | 2 Qtrs |
| Administration of REIT |
GeneralAndAdministrativeExpense
|
$1.08M | USD | 1 Quarter |
| Total expenses |
CostsAndExpenses
|
$51.12M | USD | 2 Qtrs |
| Total expenses |
CostsAndExpenses
|
$25.76M | USD | 1 Quarter |
| Total expenses |
CostsAndExpenses
|
$24.66M | USD | 1 Quarter |
| Total expenses |
CostsAndExpenses
|
$52.33M | USD | 2 Qtrs |
| Income from operations |
OperatingIncomeLoss
|
$7.77M | USD | 2 Qtrs |
| Income from operations |
OperatingIncomeLoss
|
$9.61M | USD | 2 Qtrs |
| Income from operations |
OperatingIncomeLoss
|
$4.51M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$6.17M | USD | 1 Quarter |
| Equity in income of unconsolidated affiliates |
IncomeLossFromEquityMethodInvestments
|
$238.00K | USD | 2 Qtrs |
| Equity in income of unconsolidated affiliates |
IncomeLossFromEquityMethodInvestments
|
$80.00K | USD | 1 Quarter |
| Equity in income of unconsolidated affiliates |
IncomeLossFromEquityMethodInvestments
|
$262.00K | USD | 1 Quarter |
| Equity in income of unconsolidated affiliates |
IncomeLossFromEquityMethodInvestments
|
$394.00K | USD | 2 Qtrs |
| Other income |
OtherNonoperatingIncome
|
$150.00K | USD | 1 Quarter |
| Other income |
OtherNonoperatingIncome
|
$269.00K | USD | 2 Qtrs |
| Other income |
OtherNonoperatingIncome
|
$116.00K | USD | 2 Qtrs |
| Other income |
OtherNonoperatingIncome
|
$46.00K | USD | 1 Quarter |
| Gain on sale of real estate and non-real estate investments |
GainLossOnSaleOfRealEstateAndNonRealEstateInvestments
|
$1.00K | USD | 1 Quarter |
| Gain on sale of real estate and non-real estate investments |
GainLossOnSaleOfRealEstateAndNonRealEstateInvestments
|
$1.46M | USD | 2 Qtrs |
| Gain on involuntary conversion |
GainLossOnInvoluntaryConversions
|
$329.00K | USD | 2 Qtrs |
| Gain on involuntary conversion |
GainLossOnInvoluntaryConversions
|
$52.00K | USD | 2 Qtrs |
| Total other income |
NonoperatingIncomeExpenseIncludingIncomeLossFromEquityMethodInvestments
|
$2.02M | USD | 2 Qtrs |
| Total other income |
NonoperatingIncomeExpenseIncludingIncomeLossFromEquityMethodInvestments
|
$839.00K | USD | 2 Qtrs |
| Total other income |
NonoperatingIncomeExpenseIncludingIncomeLossFromEquityMethodInvestments
|
$308.00K | USD | 1 Quarter |
| Total other income |
NonoperatingIncomeExpenseIncludingIncomeLossFromEquityMethodInvestments
|
$231.00K | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$6.40M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$11.62M | USD | 2 Qtrs |
| Net income |
ProfitLoss
|
$8.61M | USD | 2 Qtrs |
| Net income |
ProfitLoss
|
$3.79M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$5.23M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$4.82M | USD | 1 Quarter |
| Net income (loss) attributable to noncontrolling interest in operating partnership |
NoncontrollingInterestInNetIncomeLossOperatingPartnerships
|
$4.18M | USD | 1 Quarter |
| Net income (loss) attributable to noncontrolling interest in operating partnership |
NoncontrollingInterestInNetIncomeLossOperatingPartnerships
|
$5.72M | USD | 2 Qtrs |
| Net income (loss) attributable to noncontrolling interest in operating partnership |
NoncontrollingInterestInNetIncomeLossOperatingPartnerships
|
$7.60M | USD | 2 Qtrs |
| Net income (loss) attributable to noncontrolling interest in operating partnership |
NoncontrollingInterestInNetIncomeLossOperatingPartnerships
|
$3.19M | USD | 1 Quarter |
| Net income (loss) attributable to noncontrolling interest in partially owned properties |
NoncontrollingInterestInNetIncomeLossPartiallyOwnedProperties
|
$13.00K | USD | 2 Qtrs |
| Net income (loss) attributable to noncontrolling interest in partially owned properties |
NoncontrollingInterestInNetIncomeLossPartiallyOwnedProperties
|
$-17.00K | USD | 1 Quarter |
| Net income (loss) attributable to noncontrolling interest in partially owned properties |
NoncontrollingInterestInNetIncomeLossPartiallyOwnedProperties
|
$18.00K | USD | 1 Quarter |
| Net income (loss) attributable to noncontrolling interest in partially owned properties |
NoncontrollingInterestInNetIncomeLossPartiallyOwnedProperties
|
$-47.00K | USD | 2 Qtrs |
| Net income attributable to Sterling Real Estate Trust |
NetIncomeLoss
|
$2.20M | USD | 1 Quarter |
| Net income attributable to Sterling Real Estate Trust |
NetIncomeLoss
|
$1.65M | USD | 1 Quarter |
| Net income attributable to Sterling Real Estate Trust |
NetIncomeLoss
|
$2.94M | USD | 2 Qtrs |
| Net income attributable to Sterling Real Estate Trust |
NetIncomeLoss
|
$4.01M | USD | 2 Qtrs |
| Net income per common share, basic and diluted |
EarningsPerShareBasicAndDiluted
|
$0.42 | USD | 2 Qtrs |
| Net income per common share, basic and diluted |
EarningsPerShareBasicAndDiluted
|
$0.23 | USD | 1 Quarter |
| Net income per common share, basic and diluted |
EarningsPerShareBasicAndDiluted
|
$0.18 | USD | 1 Quarter |
| Net income per common share, basic and diluted |
EarningsPerShareBasicAndDiluted
|
$0.32 | USD | 2 Qtrs |
| Net income |
ProfitLoss
|
$6.40M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$11.62M | USD | 2 Qtrs |
| Net income |
ProfitLoss
|
$8.61M | USD | 2 Qtrs |
| Net income |
ProfitLoss
|
$3.79M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$5.23M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$4.82M | USD | 1 Quarter |
| Other comprehensive (loss) gain - change in fair value of interest rate swaps |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
$7.00K | USD | 2 Qtrs |
| Other comprehensive (loss) gain - change in fair value of interest rate swaps |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
$-622.00K | USD | 1 Quarter |
| Other comprehensive (loss) gain - change in fair value of interest rate swaps |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
$-2.11M | USD | 2 Qtrs |
| Other comprehensive (loss) gain - change in fair value of interest rate swaps |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
$4.00K | USD | 1 Quarter |
| Other comprehensive (loss) gain - change in fair value of interest rate swaps |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
$3.00K | USD | 1 Quarter |
| Other comprehensive (loss) gain - change in fair value of interest rate swaps |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
$-1.49M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$5.78M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$8.62M | USD | 2 Qtrs |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$9.52M | USD | 2 Qtrs |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$4.82M | USD | 1 Quarter |
| Comprehensive income attributable to noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$3.79M | USD | 1 Quarter |
| Comprehensive income attributable to noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$5.68M | USD | 2 Qtrs |
| Comprehensive income attributable to noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$6.23M | USD | 2 Qtrs |
| Comprehensive income attributable to noncontrolling interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$3.18M | USD | 1 Quarter |
| Comprehensive income attributable to Sterling Real Estate Trust |
ComprehensiveIncomeNetOfTax
|
$1.65M | USD | 1 Quarter |
| Comprehensive income attributable to Sterling Real Estate Trust |
ComprehensiveIncomeNetOfTax
|
$1.99M | USD | 1 Quarter |
| Comprehensive income attributable to Sterling Real Estate Trust |
ComprehensiveIncomeNetOfTax
|
$2.94M | USD | 2 Qtrs |
| Comprehensive income attributable to Sterling Real Estate Trust |
ComprehensiveIncomeNetOfTax
|
$3.29M | USD | 2 Qtrs |
| Weighted average Common Shares outstanding |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
9.59M | shares | 2 Qtrs |
| Weighted average Common Shares outstanding |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
9.61M | shares | 1 Quarter |
| Weighted average Common Shares outstanding |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
9.21M | shares | 1 Quarter |
| Weighted average Common Shares outstanding |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
9.15M | shares | 2 Qtrs |
Cash Flow Statement
70 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$6.40M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$11.62M | USD | 2 Qtrs |
| Net income |
ProfitLoss
|
$8.61M | USD | 2 Qtrs |
| Net income |
ProfitLoss
|
$3.79M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$5.23M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$4.82M | USD | 1 Quarter |
| Gain on sale of real estate investments |
GainsLossesOnSalesOfInvestmentRealEstate
|
$1.46M | USD | 2 Qtrs |
| Gain on involuntary conversion |
GainLossOnInvoluntaryConversions
|
$329.00K | USD | 2 Qtrs |
| Gain on involuntary conversion |
GainLossOnInvoluntaryConversions
|
$52.00K | USD | 2 Qtrs |
| Equity in income of unconsolidated affiliates |
IncomeLossFromEquityMethodInvestments
|
$238.00K | USD | 2 Qtrs |
| Equity in income of unconsolidated affiliates |
IncomeLossFromEquityMethodInvestments
|
$80.00K | USD | 1 Quarter |
| Equity in income of unconsolidated affiliates |
IncomeLossFromEquityMethodInvestments
|
$262.00K | USD | 1 Quarter |
| Equity in income of unconsolidated affiliates |
IncomeLossFromEquityMethodInvestments
|
$394.00K | USD | 2 Qtrs |
| Distributions of earnings of unconsolidated affiliates |
EquityMethodInvestmentDividendsOrDistributions
|
$238.00K | USD | 2 Qtrs |
| Distributions of earnings of unconsolidated affiliates |
EquityMethodInvestmentDividendsOrDistributions
|
$394.00K | USD | 2 Qtrs |
| Allowance for uncollectible accounts receivable |
ProvisionForDoubtfulAccounts
|
$40.00K | USD | 2 Qtrs |
| Allowance for uncollectible accounts receivable |
ProvisionForDoubtfulAccounts
|
$200.00K | USD | 2 Qtrs |
| Depreciation |
Depreciation
|
$9.76M | USD | 2 Qtrs |
| Depreciation |
Depreciation
|
$9.91M | USD | 2 Qtrs |
| Depreciation |
Depreciation
|
$4.89M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$4.89M | USD | 1 Quarter |
| Amortization |
AmortizationOfIntangibleAssets
|
$959.00K | USD | 2 Qtrs |
| Amortization |
AmortizationOfIntangibleAssets
|
$733.00K | USD | 2 Qtrs |
| Amortization of debt issuance costs |
AmortizationOfFinancingCosts
|
$310.00K | USD | 2 Qtrs |
| Amortization of debt issuance costs |
AmortizationOfFinancingCosts
|
$301.00K | USD | 2 Qtrs |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-1.98M | USD | 2 Qtrs |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-1.14M | USD | 2 Qtrs |
| Tenant security deposits payable |
IncreaseDecreaseInSecurityDeposits
|
$235.00K | USD | 2 Qtrs |
| Tenant security deposits payable |
IncreaseDecreaseInSecurityDeposits
|
$361.00K | USD | 2 Qtrs |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$-1.76M | USD | 2 Qtrs |
| Accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilities
|
$-1.89M | USD | 2 Qtrs |
| NET CASH PROVIDED BY OPERATING ACTIVITIES |
NetCashProvidedByUsedInOperatingActivities
|
$19.14M | USD | 2 Qtrs |
| NET CASH PROVIDED BY OPERATING ACTIVITIES |
NetCashProvidedByUsedInOperatingActivities
|
$21.52M | USD | 2 Qtrs |
| Purchase of real estate investment properties |
PaymentsToAcquireAndDevelopRealEstate
|
$375.00K | USD | 2 Qtrs |
| Capital expenditures and tenant improvements |
PaymentsForLeasingCostsCommissionsAndTenantImprovements
|
$4.00M | USD | 2 Qtrs |
| Capital expenditures and tenant improvements |
PaymentsForLeasingCostsCommissionsAndTenantImprovements
|
$15.44M | USD | 2 Qtrs |
| Proceeds from sale of real estate investments and non-real estate investments |
PaymentsForProceedsFromRealEstatePartnershipInvestmentAndOtherInvestmentsNet
|
$-5.48M | USD | 2 Qtrs |
| Proceeds from involuntary conversion |
ProceedsFromInsuranceForInvoluntaryConversions
|
$1.06M | USD | 2 Qtrs |
| Proceeds from involuntary conversion |
ProceedsFromInsuranceForInvoluntaryConversions
|
$774.00K | USD | 2 Qtrs |
| Investment in unconsolidated affiliates |
PaymentsToAcquireEquityMethodInvestments
|
$501.00K | USD | 2 Qtrs |
| Distributions in excess of earnings received from unconsolidated affiliates |
DistributionsInExcessOfEarningsFromUnconsolidatedAffiliates
|
$141.00K | USD | 2 Qtrs |
| Distributions in excess of earnings received from unconsolidated affiliates |
DistributionsInExcessOfEarningsFromUnconsolidatedAffiliates
|
$50.00K | USD | 2 Qtrs |
| Notes receivable issued |
PaymentsToAcquireNotesReceivable
|
$1.01M | USD | 2 Qtrs |
| Notes receivable issued |
PaymentsToAcquireNotesReceivable
|
$763.00K | USD | 2 Qtrs |
| NET CASH USED IN INVESTING ACTIVITIES |
NetCashProvidedByUsedInInvestingActivities
|
$-10.68M | USD | 2 Qtrs |
| NET CASH USED IN INVESTING ACTIVITIES |
NetCashProvidedByUsedInInvestingActivities
|
$-3.90M | USD | 2 Qtrs |
| Payments for financing, debt issuance and lease costs |
PaymentsOfFinancingCosts
|
$228.00K | USD | 2 Qtrs |
| Principal payments on special assessments payable |
PrincipalPaymentsOnSpecialAssessmentsPayable
|
$290.00K | USD | 2 Qtrs |
| Principal payments on special assessments payable |
PrincipalPaymentsOnSpecialAssessmentsPayable
|
$239.00K | USD | 2 Qtrs |
| Proceeds from issuance of mortgage notes payable and subordinated debt |
ProceedsFromIssuanceOfLongTermDebt
|
$18.88M | USD | 2 Qtrs |
| Principal payments on mortgage notes payable |
RepaymentsOfLongTermDebt
|
$10.16M | USD | 2 Qtrs |
| Principal payments on mortgage notes payable |
RepaymentsOfLongTermDebt
|
$12.14M | USD | 2 Qtrs |
| Proceeds from issuance of shares under optional purchase plan |
ProceedsFromIssuanceOfSharesUnderOptionalPurchasePlan
|
$1.72M | USD | 2 Qtrs |
| Proceeds from issuance of shares under optional purchase plan |
ProceedsFromIssuanceOfSharesUnderOptionalPurchasePlan
|
$1.81M | USD | 2 Qtrs |
| Shares/units redeemed |
PaymentsForRepurchaseOfCommonStock
|
$1.25M | USD | 2 Qtrs |
| Shares/units redeemed |
PaymentsForRepurchaseOfCommonStock
|
$2.48M | USD | 2 Qtrs |
| Dividends/distributions paid |
PaymentsOfDividendsCommonStock
|
$11.29M | USD | 2 Qtrs |
| Dividends/distributions paid |
PaymentsOfDividendsCommonStock
|
$10.83M | USD | 2 Qtrs |
| NET CASH USED IN FINANCING ACTIVITIES |
NetCashProvidedByUsedInFinancingActivities
|
$-5.74M | USD | 2 Qtrs |
| NET CASH USED IN FINANCING ACTIVITIES |
NetCashProvidedByUsedInFinancingActivities
|
$-20.76M | USD | 2 Qtrs |
| NET CHANGE IN CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$5.11M | USD | 2 Qtrs |
| NET CHANGE IN CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-5.52M | USD | 2 Qtrs |
| CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT BEGINNING OF PERIOD |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$30.07M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT BEGINNING OF PERIOD |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$24.55M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT BEGINNING OF PERIOD |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$17.38M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT BEGINNING OF PERIOD |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$22.49M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT END OF PERIOD |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$30.07M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT END OF PERIOD |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$24.55M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT END OF PERIOD |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$17.38M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT END OF PERIOD |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$22.49M | USD | Point-in-time |
Stockholders Equity
49 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$279.05M | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$282.09M | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$281.78M | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$285.38M | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$283.75M | USD | Point-in-time |
| Beginning Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$286.01M | USD | Point-in-time |
| Beginning Balance (in shares) |
CommonStockSharesOutstanding
|
9.44M | shares | Point-in-time |
| Beginning Balance (in shares) |
CommonStockSharesOutstanding
|
9.61M | shares | Point-in-time |
| Contribution of assets in exchange for the issuance of noncontrolling interest shares |
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
|
$9.03M | USD | 1 Quarter |
| Shares/units redeemed |
StockRepurchasedDuringPeriodValue
|
$1.24M | USD | 1 Quarter |
| Shares/units redeemed |
StockRepurchasedDuringPeriodValue
|
$826.00K | USD | 1 Quarter |
| Shares/units redeemed |
StockRepurchasedDuringPeriodValue
|
$427.00K | USD | 1 Quarter |
| Shares/units redeemed |
StockRepurchasedDuringPeriodValue
|
$1.25M | USD | 1 Quarter |
| Dividends declared |
DividendsCommonStockCash
|
$7.36M | USD | 1 Quarter |
| Dividends declared |
DividendsCommonStockCash
|
$7.06M | USD | 1 Quarter |
| Dividends declared |
DividendsCommonStockCash
|
$7.04M | USD | 1 Quarter |
| Dividends declared |
DividendsCommonStockCash
|
$7.37M | USD | 1 Quarter |
| Dividends reinvested - stock dividend |
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
$1.58M | USD | 1 Quarter |
| Dividends reinvested - stock dividend |
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
$3.03M | USD | 2 Qtrs |
| Dividends reinvested - stock dividend |
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
$3.19M | USD | 2 Qtrs |
| Dividends reinvested - stock dividend |
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
$1.55M | USD | 1 Quarter |
| Dividends reinvested - stock dividend |
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
$1.48M | USD | 1 Quarter |
| Dividends reinvested - stock dividend |
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
$1.61M | USD | 1 Quarter |
| Dividends reinvested - stock dividend (in shares) |
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
|
168,000.00 | shares | 2 Qtrs |
| Dividends reinvested - stock dividend (in shares) |
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
|
175,000.00 | shares | 2 Qtrs |
| Issuance of shares under optional purchase plan |
StockIssuedDuringPeriodValueStockPurchasePlan
|
$1.20M | USD | 1 Quarter |
| Issuance of shares under optional purchase plan |
StockIssuedDuringPeriodValueStockPurchasePlan
|
$929.00K | USD | 1 Quarter |
| Issuance of shares under optional purchase plan |
StockIssuedDuringPeriodValueStockPurchasePlan
|
$795.00K | USD | 1 Quarter |
| Issuance of shares under optional purchase plan |
StockIssuedDuringPeriodValueStockPurchasePlan
|
$611.00K | USD | 1 Quarter |
| Change in fair value of interest rate swaps |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
$7.00K | USD | 2 Qtrs |
| Change in fair value of interest rate swaps |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
$-622.00K | USD | 1 Quarter |
| Change in fair value of interest rate swaps |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
$-2.11M | USD | 2 Qtrs |
| Change in fair value of interest rate swaps |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
$4.00K | USD | 1 Quarter |
| Change in fair value of interest rate swaps |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
$3.00K | USD | 1 Quarter |
| Change in fair value of interest rate swaps |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
$-1.49M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$6.40M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$11.62M | USD | 2 Qtrs |
| Net income |
ProfitLoss
|
$8.61M | USD | 2 Qtrs |
| Net income |
ProfitLoss
|
$3.79M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$5.23M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$4.82M | USD | 1 Quarter |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$279.05M | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$282.09M | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$281.78M | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$285.38M | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$283.75M | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$286.01M | USD | Point-in-time |
| Ending balance (in shares) |
CommonStockSharesOutstanding
|
9.44M | shares | Point-in-time |
| Ending balance (in shares) |
CommonStockSharesOutstanding
|
9.61M | shares | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.