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10-Q Filing

STERLING REAL ESTATE TRUST CIK: 1412502 Q3 2020
Filing Information
Form Type 10-Q
Accession Number 0001558370-20-013092
Period End Date 20200930
Filing Date 20201106
Fiscal Year 2020
Fiscal Period Q3
XBRL Instance sret-20200930x10q_htm.xml
Filing Contents
Balance Sheet 64 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 $15.14M USD Point-in-time
Lease intangible liabilities, accumulated amortization BelowMarketLeaseAccumulatedAmortization $1.88M USD Point-in-time
Land and land improvements LandAndLandImprovements $119.24M USD Point-in-time
Land and land improvements LandAndLandImprovements $114.67M USD Point-in-time
Lease intangible liabilities, accumulated amortization BelowMarketLeaseAccumulatedAmortization $1.99M USD Point-in-time
Building and improvements InvestmentBuildingAndBuildingImprovements $676.23M USD Point-in-time
Building and improvements InvestmentBuildingAndBuildingImprovements $710.50M USD Point-in-time
Construction in progress DevelopmentInProcess $11.13M USD Point-in-time
Construction in progress DevelopmentInProcess $12.28M USD Point-in-time
Real estate investments RealEstateInvestmentPropertyAtCost $842.02M USD Point-in-time
Real estate investments RealEstateInvestmentPropertyAtCost $802.03M USD Point-in-time
Less accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $159.15M 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 $682.86M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $9.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $13.69M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $6.50M USD Point-in-time
Restricted deposits RestrictedCashAndCashEquivalents $8.38M USD Point-in-time
Restricted deposits RestrictedCashAndCashEquivalents $8.41M USD Point-in-time
Restricted deposits RestrictedCashAndCashEquivalents $8.45M USD Point-in-time
Investment in unconsolidated affiliates InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $8.85M USD Point-in-time
Investment in unconsolidated affiliates InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $7.92M USD Point-in-time
Notes receivable NotesReceivableGross $1.30M USD Point-in-time
Notes receivable NotesReceivableGross $2.04M USD Point-in-time
Lease intangible assets, less accumulated amortization of $15,145 in 2020 and $15,558 in 2019 IntangibleAssetsNetExcludingGoodwill $9.13M USD Point-in-time
Lease intangible assets, less accumulated amortization of $15,145 in 2020 and $15,558 in 2019 IntangibleAssetsNetExcludingGoodwill $7.67M USD Point-in-time
Other assets, net OtherAssets $7.05M USD Point-in-time
Other assets, net OtherAssets $8.24M USD Point-in-time
Total Assets Assets $699.69M USD Point-in-time
Total Assets Assets $723.42M USD Point-in-time
Mortgage notes payable, net NotesPayable $404.11M USD Point-in-time
Mortgage notes payable, net NotesPayable $393.16M USD Point-in-time
Dividends payable DividendsPayableCurrentAndNoncurrent $7.40M USD Point-in-time
Dividends payable DividendsPayableCurrentAndNoncurrent $7.12M USD Point-in-time
Tenant security deposits payable SecurityDepositLiability $4.44M USD Point-in-time
Tenant security deposits payable SecurityDepositLiability $4.91M USD Point-in-time
Lease intangible liabilities, less accumulated amortization of $1,987 in 2020 and $1,881 in 2019 OffMarketLeaseUnfavorable $1.21M USD Point-in-time
Lease intangible liabilities, less accumulated amortization of $1,987 in 2020 and $1,881 in 2019 OffMarketLeaseUnfavorable $1.04M USD Point-in-time
Accrued expenses and other liabilities AccruedLiabilitiesCurrentAndNoncurrent $14.71M USD Point-in-time
Accrued expenses and other liabilities AccruedLiabilitiesCurrentAndNoncurrent $20.55M USD Point-in-time
Total Liabilities Liabilities $438.02M 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 $106.21M USD Point-in-time
Beneficial interest StockholdersEquityAttributableToParentBeneficialInterest $102.37M USD Point-in-time
Noncontrolling interest in Operating partnership MinorityInterestInOperatingPartnerships $174.22M USD Point-in-time
Noncontrolling interest in Operating partnership MinorityInterestInOperatingPartnerships $178.88M USD Point-in-time
Partially owned properties MinorityInterestInPartiallyOwnedProperties $2.40M USD Point-in-time
Partially owned properties MinorityInterestInPartiallyOwnedProperties $2.42M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-2.09M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $37.00K USD Point-in-time
Total Shareholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $285.38M 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 $285.40M USD Point-in-time
Total Shareholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $281.78M USD Point-in-time
Total Shareholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $280.15M 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 $723.42M USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $699.69M USD Point-in-time
Income Statement 108 line items
Line Item Tag Value Unit Period
Real estate rental income Revenues $90.28M USD 3 Qtrs
Real estate rental income Revenues $91.59M USD 3 Qtrs
Real estate rental income Revenues $30.17M USD 1 Quarter
Real estate rental income Revenues $30.87M USD 1 Quarter
Operating expenses, excluding real estate taxes OperatingExpensesExcludingRealEstateTaxes $12.34M USD 1 Quarter
Operating expenses, excluding real estate taxes OperatingExpensesExcludingRealEstateTaxes $12.14M USD 1 Quarter
Operating expenses, excluding real estate taxes OperatingExpensesExcludingRealEstateTaxes $35.64M USD 3 Qtrs
Operating expenses, excluding real estate taxes OperatingExpensesExcludingRealEstateTaxes $36.35M USD 3 Qtrs
Real estate taxes RealEstateTaxExpense $9.46M USD 3 Qtrs
Real estate taxes RealEstateTaxExpense $3.16M USD 1 Quarter
Real estate taxes RealEstateTaxExpense $3.04M USD 1 Quarter
Real estate taxes RealEstateTaxExpense $9.08M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $15.83M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $16.21M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $5.33M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $5.32M USD 1 Quarter
Interest FinancingInterestExpense $4.19M USD 1 Quarter
Interest FinancingInterestExpense $4.52M USD 1 Quarter
Interest FinancingInterestExpense $12.76M USD 3 Qtrs
Interest FinancingInterestExpense $13.82M USD 3 Qtrs
Total expenses from rental operations OperatingCostsAndExpenses $75.47M USD 3 Qtrs
Total expenses from rental operations OperatingCostsAndExpenses $24.82M USD 1 Quarter
Total expenses from rental operations OperatingCostsAndExpenses $25.22M USD 1 Quarter
Total expenses from rental operations OperatingCostsAndExpenses $73.69M USD 3 Qtrs
Administration of REIT GeneralAndAdministrativeExpense $3.05M USD 3 Qtrs
Administration of REIT GeneralAndAdministrativeExpense $972.00K USD 1 Quarter
Administration of REIT GeneralAndAdministrativeExpense $969.00K USD 1 Quarter
Administration of REIT GeneralAndAdministrativeExpense $3.22M USD 3 Qtrs
Total expenses CostsAndExpenses $76.91M USD 3 Qtrs
Total expenses CostsAndExpenses $78.52M USD 3 Qtrs
Total expenses CostsAndExpenses $26.19M USD 1 Quarter
Total expenses CostsAndExpenses $25.79M USD 1 Quarter
Income from operations OperatingIncomeLoss $3.98M USD 1 Quarter
Income from operations OperatingIncomeLoss $14.69M USD 3 Qtrs
Income from operations OperatingIncomeLoss $11.75M USD 3 Qtrs
Income from operations OperatingIncomeLoss $5.08M USD 1 Quarter
Equity in income of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $363.00K USD 3 Qtrs
Equity in income of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $125.00K USD 1 Quarter
Equity in income of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $629.00K USD 3 Qtrs
Equity in income of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $235.00K USD 1 Quarter
Other income OtherNonoperatingIncome $64.00K USD 1 Quarter
Other income OtherNonoperatingIncome $70.00K USD 1 Quarter
Other income OtherNonoperatingIncome $186.00K USD 3 Qtrs
Other income OtherNonoperatingIncome $333.00K USD 3 Qtrs
Gain on sale of real estate and non-real estate investments GainLossOnSaleOfRealEstateAndNonRealEstateInvestments $1.46M USD 3 Qtrs
Gain/(loss) on involuntary conversion GainLossOnInvoluntaryConversions $52.00K USD 3 Qtrs
Gain/(loss) on involuntary conversion GainLossOnInvoluntaryConversions $-816.00K USD 1 Quarter
Gain/(loss) on involuntary conversion GainLossOnInvoluntaryConversions $-487.00K USD 3 Qtrs
Total other income NonoperatingIncomeExpenseIncludingIncomeLossFromEquityMethodInvestments $2.20M USD 3 Qtrs
Total other income NonoperatingIncomeExpenseIncludingIncomeLossFromEquityMethodInvestments $-511.00K USD 1 Quarter
Total other income NonoperatingIncomeExpenseIncludingIncomeLossFromEquityMethodInvestments $328.00K USD 3 Qtrs
Total other income NonoperatingIncomeExpenseIncludingIncomeLossFromEquityMethodInvestments $189.00K USD 1 Quarter
Net income ProfitLoss $12.08M USD 3 Qtrs
Net income ProfitLoss $6.40M USD 1 Quarter
Net income ProfitLoss $5.23M USD 1 Quarter
Net income ProfitLoss $3.79M USD 1 Quarter
Net income ProfitLoss $4.82M USD 1 Quarter
Net income ProfitLoss $3.47M USD 1 Quarter
Net income ProfitLoss $16.89M USD 3 Qtrs
Net income ProfitLoss $5.27M USD 1 Quarter
Net income (loss) attributable to noncontrolling interest in operating partnership NoncontrollingInterestInNetIncomeLossOperatingPartnerships $11.05M USD 3 Qtrs
Net income (loss) attributable to noncontrolling interest in operating partnership NoncontrollingInterestInNetIncomeLossOperatingPartnerships $8.03M USD 3 Qtrs
Net income (loss) attributable to noncontrolling interest in operating partnership NoncontrollingInterestInNetIncomeLossOperatingPartnerships $3.45M USD 1 Quarter
Net income (loss) attributable to noncontrolling interest in operating partnership NoncontrollingInterestInNetIncomeLossOperatingPartnerships $2.31M USD 1 Quarter
Net income (loss) attributable to noncontrolling interest in partially owned properties NoncontrollingInterestInNetIncomeLossPartiallyOwnedProperties $-101.00K USD 3 Qtrs
Net income (loss) attributable to noncontrolling interest in partially owned properties NoncontrollingInterestInNetIncomeLossPartiallyOwnedProperties $-28.00K USD 1 Quarter
Net income (loss) attributable to noncontrolling interest in partially owned properties NoncontrollingInterestInNetIncomeLossPartiallyOwnedProperties $-55.00K USD 1 Quarter
Net income (loss) attributable to noncontrolling interest in partially owned properties NoncontrollingInterestInNetIncomeLossPartiallyOwnedProperties $-15.00K USD 3 Qtrs
Net income attributable to Sterling Real Estate Trust NetIncomeLoss $5.86M USD 3 Qtrs
Net income attributable to Sterling Real Estate Trust NetIncomeLoss $1.84M USD 1 Quarter
Net income attributable to Sterling Real Estate Trust NetIncomeLoss $4.15M USD 3 Qtrs
Net income attributable to Sterling Real Estate Trust NetIncomeLoss $1.21M USD 1 Quarter
Net income per common share, basic and diluted EarningsPerShareBasicAndDiluted $0.61 USD 3 Qtrs
Net income per common share, basic and diluted EarningsPerShareBasicAndDiluted $0.19 USD 1 Quarter
Net income per common share, basic and diluted EarningsPerShareBasicAndDiluted $0.13 USD 1 Quarter
Net income per common share, basic and diluted EarningsPerShareBasicAndDiluted $0.45 USD 3 Qtrs
Net income ProfitLoss $12.08M USD 3 Qtrs
Net income ProfitLoss $6.40M USD 1 Quarter
Net income ProfitLoss $5.23M USD 1 Quarter
Net income ProfitLoss $3.79M USD 1 Quarter
Net income ProfitLoss $4.82M USD 1 Quarter
Net income ProfitLoss $3.47M USD 1 Quarter
Net income ProfitLoss $16.89M USD 3 Qtrs
Net income ProfitLoss $5.27M USD 1 Quarter
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 $-622.00K USD 1 Quarter
Other comprehensive (loss) gain - change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-1.49M USD 1 Quarter
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 $6.00K USD 1 Quarter
Other comprehensive (loss) gain - change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $14.00K USD 3 Qtrs
Other comprehensive (loss) gain - change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-2.12M USD 3 Qtrs
Other comprehensive (loss) gain - change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-17.00K USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $5.25M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $3.48M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $12.10M USD 3 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $14.77M USD 3 Qtrs
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $7.94M USD 3 Qtrs
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $2.26M USD 1 Quarter
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $9.64M USD 3 Qtrs
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $3.41M USD 1 Quarter
Comprehensive income attributable to Sterling Real Estate Trust ComprehensiveIncomeNetOfTax $1.22M USD 1 Quarter
Comprehensive income attributable to Sterling Real Estate Trust ComprehensiveIncomeNetOfTax $4.15M USD 3 Qtrs
Comprehensive income attributable to Sterling Real Estate Trust ComprehensiveIncomeNetOfTax $1.84M USD 1 Quarter
Comprehensive income attributable to Sterling Real Estate Trust ComprehensiveIncomeNetOfTax $5.12M USD 3 Qtrs
Weighted average Common Shares outstanding WeightedAverageNumberOfShareOutstandingBasicAndDiluted 9.32M shares 1 Quarter
Weighted average Common Shares outstanding WeightedAverageNumberOfShareOutstandingBasicAndDiluted 9.64M shares 3 Qtrs
Weighted average Common Shares outstanding WeightedAverageNumberOfShareOutstandingBasicAndDiluted 9.74M shares 1 Quarter
Weighted average Common Shares outstanding WeightedAverageNumberOfShareOutstandingBasicAndDiluted 9.21M shares 3 Qtrs
Cash Flow Statement 76 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $12.08M USD 3 Qtrs
Net income ProfitLoss $6.40M USD 1 Quarter
Net income ProfitLoss $5.23M USD 1 Quarter
Net income ProfitLoss $3.79M USD 1 Quarter
Net income ProfitLoss $4.82M USD 1 Quarter
Net income ProfitLoss $3.47M USD 1 Quarter
Net income ProfitLoss $16.89M USD 3 Qtrs
Net income ProfitLoss $5.27M USD 1 Quarter
Gain on sale of real estate investments GainsLossesOnSalesOfInvestmentRealEstate $1.46M USD 3 Qtrs
Gain on involuntary conversion GainLossOnInvoluntaryConversions $52.00K USD 3 Qtrs
Gain on involuntary conversion GainLossOnInvoluntaryConversions $-816.00K USD 1 Quarter
Gain on involuntary conversion GainLossOnInvoluntaryConversions $-487.00K USD 3 Qtrs
Equity in income of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $363.00K USD 3 Qtrs
Equity in income of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $125.00K USD 1 Quarter
Equity in income of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $629.00K USD 3 Qtrs
Equity in income of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $235.00K USD 1 Quarter
Distributions of earnings of unconsolidated affiliates EquityMethodInvestmentDividendsOrDistributions $363.00K USD 3 Qtrs
Distributions of earnings of unconsolidated affiliates EquityMethodInvestmentDividendsOrDistributions $629.00K USD 3 Qtrs
Allowance for uncollectible accounts receivable ProvisionForDoubtfulAccounts $52.00K USD 3 Qtrs
Allowance for uncollectible accounts receivable ProvisionForDoubtfulAccounts $125.00K USD 3 Qtrs
Depreciation Depreciation $14.79M USD 3 Qtrs
Depreciation Depreciation $14.72M USD 3 Qtrs
Depreciation Depreciation $4.88M USD 1 Quarter
Depreciation Depreciation $4.96M USD 1 Quarter
Amortization AmortizationOfIntangibleAssets $1.09M USD 3 Qtrs
Amortization AmortizationOfIntangibleAssets $1.39M USD 3 Qtrs
Amortization of debt issuance costs AmortizationOfFinancingCosts $463.00K USD 3 Qtrs
Amortization of debt issuance costs AmortizationOfFinancingCosts $465.00K USD 3 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $-1.91M USD 3 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $-2.39M USD 3 Qtrs
Tenant security deposits payable IncreaseDecreaseInSecurityDeposits $150.00K USD 3 Qtrs
Tenant security deposits payable IncreaseDecreaseInSecurityDeposits $380.00K USD 3 Qtrs
Accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilities $1.51M USD 3 Qtrs
Accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilities $2.62M USD 3 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivities $35.99M USD 3 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivities $34.02M USD 3 Qtrs
Purchase of real estate investment properties PaymentsToAcquireAndDevelopRealEstate $8.40M USD 3 Qtrs
Capital expenditures and tenant improvements PaymentsForLeasingCostsCommissionsAndTenantImprovements $24.66M USD 3 Qtrs
Capital expenditures and tenant improvements PaymentsForLeasingCostsCommissionsAndTenantImprovements $8.94M USD 3 Qtrs
Proceeds from sale of real estate investments and non-real estate investments PaymentsForProceedsFromRealEstatePartnershipInvestmentAndOtherInvestmentsNet $-5.48M USD 3 Qtrs
Proceeds from involuntary conversion ProceedsFromInsuranceForInvoluntaryConversions $1.08M USD 3 Qtrs
Proceeds from involuntary conversion ProceedsFromInsuranceForInvoluntaryConversions $1.51M USD 3 Qtrs
Investment in unconsolidated affiliates PaymentsToAcquireEquityMethodInvestments $1.32M USD 3 Qtrs
Investment in unconsolidated affiliates PaymentsToAcquireEquityMethodInvestments $1.17M USD 3 Qtrs
Distributions in excess of earnings received from unconsolidated affiliates DistributionsInExcessOfEarningsFromUnconsolidatedAffiliates $239.00K USD 3 Qtrs
Distributions in excess of earnings received from unconsolidated affiliates DistributionsInExcessOfEarningsFromUnconsolidatedAffiliates $-32.00K USD 3 Qtrs
Notes receivable issued PaymentsToAcquireNotesReceivable $743.00K USD 3 Qtrs
Notes receivable issued PaymentsToAcquireNotesReceivable $1.11M USD 3 Qtrs
NET CASH USED IN INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities $-28.17M USD 3 Qtrs
NET CASH USED IN INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities $-9.88M USD 3 Qtrs
Payments for financing, debt issuance and lease costs PaymentsOfFinancingCosts $349.00K USD 3 Qtrs
Payments for financing, debt issuance and lease costs PaymentsOfFinancingCosts $27.00K USD 3 Qtrs
Payments on investment certificates and subordinated debt PaymentsOnInvestmentCertificatesAndSubordinatedDebt $50.00K USD 3 Qtrs
Principal payments on special assessments payable PrincipalPaymentsOnSpecialAssessmentsPayable $290.00K USD 3 Qtrs
Principal payments on special assessments payable PrincipalPaymentsOnSpecialAssessmentsPayable $245.00K USD 3 Qtrs
Proceeds from issuance of mortgage notes payable and subordinated debt ProceedsFromIssuanceOfLongTermDebt $22.91M USD 3 Qtrs
Principal payments on mortgage notes payable RepaymentsOfLongTermDebt $16.33M USD 3 Qtrs
Principal payments on mortgage notes payable RepaymentsOfLongTermDebt $15.25M USD 3 Qtrs
Proceeds from issuance of shares under optional purchase plan ProceedsFromIssuanceOfSharesUnderOptionalPurchasePlan $2.58M USD 3 Qtrs
Proceeds from issuance of shares under optional purchase plan ProceedsFromIssuanceOfSharesUnderOptionalPurchasePlan $2.41M USD 3 Qtrs
Shares/units redeemed PaymentsForRepurchaseOfCommonStock $2.79M USD 3 Qtrs
Shares/units redeemed PaymentsForRepurchaseOfCommonStock $1.57M USD 3 Qtrs
Dividends/distributions paid PaymentsOfDividendsCommonStock $17.01M USD 3 Qtrs
Dividends/distributions paid PaymentsOfDividendsCommonStock $16.33M USD 3 Qtrs
NET CASH USED IN FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $-10.25M USD 3 Qtrs
NET CASH USED IN FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $-32.10M USD 3 Qtrs
NET CHANGE IN CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-7.96M USD 3 Qtrs
NET CHANGE IN CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-2.43M USD 3 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 $22.10M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT BEGINNING OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $14.95M 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 END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $30.07M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $22.10M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $14.95M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $17.38M USD Point-in-time
Stockholders Equity 67 line items
Line Item Tag Value Unit Period
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $285.38M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $279.05M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $282.09M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $285.40M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $281.78M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $280.15M 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 9.74M shares Point-in-time
Shares issued under trustee compensation plan StockIssuedDuringPeriodValueShareBasedCompensationGross $64.00K USD 1 Quarter
Shares issued under trustee compensation plan StockIssuedDuringPeriodValueShareBasedCompensationGross $62.00K USD 1 Quarter
Contribution of assets in exchange for the issuance of noncontrolling interest shares NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest $9.03M USD 1 Quarter
Shares/units redeemed StockRepurchasedDuringPeriodValue $321.00K USD 1 Quarter
Shares/units redeemed StockRepurchasedDuringPeriodValue $426.00K USD 1 Quarter
Shares/units redeemed StockRepurchasedDuringPeriodValue $1.24M USD 1 Quarter
Shares/units redeemed StockRepurchasedDuringPeriodValue $301.00K USD 1 Quarter
Shares/units redeemed StockRepurchasedDuringPeriodValue $826.00K USD 1 Quarter
Shares/units redeemed StockRepurchasedDuringPeriodValue $1.25M USD 1 Quarter
Dividends declared DividendsCommonStockCash $7.36M USD 1 Quarter
Dividends declared DividendsCommonStockCash $7.37M USD 1 Quarter
Dividends declared DividendsCommonStockCash $7.09M USD 1 Quarter
Dividends declared DividendsCommonStockCash $7.04M USD 1 Quarter
Dividends declared DividendsCommonStockCash $7.40M USD 1 Quarter
Dividends declared DividendsCommonStockCash $7.06M USD 1 Quarter
Dividends reinvested - stock dividend StockIssuedDuringPeriodValueDividendReinvestmentPlan $4.59M USD 3 Qtrs
Dividends reinvested - stock dividend StockIssuedDuringPeriodValueDividendReinvestmentPlan $1.56M USD 1 Quarter
Dividends reinvested - stock dividend StockIssuedDuringPeriodValueDividendReinvestmentPlan $1.61M USD 1 Quarter
Dividends reinvested - stock dividend StockIssuedDuringPeriodValueDividendReinvestmentPlan $1.64M USD 1 Quarter
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 $1.58M USD 1 Quarter
Dividends reinvested - stock dividend StockIssuedDuringPeriodValueDividendReinvestmentPlan $4.84M USD 3 Qtrs
Dividends reinvested - stock dividend (in shares) StockIssuedDuringPeriodSharesDividendReinvestmentPlan 255,000.00 shares 3 Qtrs
Dividends reinvested - stock dividend (in shares) StockIssuedDuringPeriodSharesDividendReinvestmentPlan 265,000.00 shares 3 Qtrs
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 $765.00K USD 1 Quarter
Issuance of shares under optional purchase plan StockIssuedDuringPeriodValueStockPurchasePlan $687.00K USD 1 Quarter
Issuance of shares under optional purchase plan StockIssuedDuringPeriodValueStockPurchasePlan $1.20M 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 $4.00K USD 1 Quarter
Change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-622.00K USD 1 Quarter
Change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-1.49M USD 1 Quarter
Change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $4.00K USD 1 Quarter
Change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $6.00K USD 1 Quarter
Change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $14.00K USD 3 Qtrs
Change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-2.12M USD 3 Qtrs
Change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-17.00K USD 1 Quarter
Net income ProfitLoss $12.08M USD 3 Qtrs
Net income ProfitLoss $6.40M USD 1 Quarter
Net income ProfitLoss $5.23M USD 1 Quarter
Net income ProfitLoss $3.79M USD 1 Quarter
Net income ProfitLoss $4.82M USD 1 Quarter
Net income ProfitLoss $3.47M USD 1 Quarter
Net income ProfitLoss $16.89M USD 3 Qtrs
Net income ProfitLoss $5.27M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $285.38M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $279.05M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $282.09M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $285.40M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $281.78M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $280.15M 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 9.74M shares Point-in-time

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

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