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10-Q Filing

STERLING REAL ESTATE TRUST CIK: 1412502 Q2 2021
Filing Information
Form Type 10-Q
Accession Number 0001558370-21-011238
Period End Date 20210630
Filing Date 20210811
Fiscal Year 2021
Fiscal Period Q2
XBRL Instance sret-20210630x10q_htm.xml
Filing Contents
Balance Sheet 64 line items
Line Item Tag Value Unit Period
Lease intangible assets, accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $15.02M USD Point-in-time
Lease intangible assets, accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $11.96M USD Point-in-time
Land and land improvements LandAndLandImprovements $119.09M USD Point-in-time
Lease intangible liabilities, accumulated amortization BelowMarketLeaseAccumulatedAmortization $1.96M USD Point-in-time
Lease intangible liabilities, accumulated amortization BelowMarketLeaseAccumulatedAmortization $1.66M USD Point-in-time
Land and land improvements LandAndLandImprovements $121.10M USD Point-in-time
Building and improvements InvestmentBuildingAndBuildingImprovements $731.35M USD Point-in-time
Building and improvements InvestmentBuildingAndBuildingImprovements $712.56M USD Point-in-time
Construction in progress DevelopmentInProcess $10.22M USD Point-in-time
Construction in progress DevelopmentInProcess $13.64M USD Point-in-time
Real estate investments RealEstateInvestmentPropertyAtCost $862.67M USD Point-in-time
Real estate investments RealEstateInvestmentPropertyAtCost $845.29M USD Point-in-time
Less accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $168.97M USD Point-in-time
Less accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $160.57M USD Point-in-time
Real estate investments, net RealEstateInvestmentPropertyNet $684.71M USD Point-in-time
Real estate investments, net RealEstateInvestmentPropertyNet $693.69M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $8.70M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $11.53M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $11.72M USD Point-in-time
Restricted deposits RestrictedCashAndCashEquivalents $15.92M USD Point-in-time
Restricted deposits RestrictedCashAndCashEquivalents $14.34M USD Point-in-time
Restricted deposits RestrictedCashAndCashEquivalents $13.79M USD Point-in-time
Investment in unconsolidated affiliates InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $9.66M USD Point-in-time
Investment in unconsolidated affiliates InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $11.52M USD Point-in-time
Notes receivable NotesReceivableGross $2.03M USD Point-in-time
Notes receivable NotesReceivableGross $640.00K USD Point-in-time
Assets held for sale RealEstateHeldforsale $831.00K USD Point-in-time
Lease intangible assets, less accumulated amortization of $11,961 in 2021 and $15,019 in 2020 IntangibleAssetsNetExcludingGoodwill $6.80M USD Point-in-time
Lease intangible assets, less accumulated amortization of $11,961 in 2021 and $15,019 in 2020 IntangibleAssetsNetExcludingGoodwill $7.37M USD Point-in-time
Other assets, net OtherAssets $14.77M USD Point-in-time
Other assets, net OtherAssets $10.80M USD Point-in-time
Total Assets Assets $753.29M USD Point-in-time
Total Assets Assets $743.03M USD Point-in-time
Mortgage notes payable, net NotesPayable $421.28M USD Point-in-time
Mortgage notes payable, net NotesPayable $429.92M USD Point-in-time
Dividends payable DividendsPayableCurrentAndNoncurrent $7.45M USD Point-in-time
Dividends payable DividendsPayableCurrentAndNoncurrent $7.49M USD Point-in-time
Tenant security deposits payable SecurityDepositLiability $5.15M USD Point-in-time
Tenant security deposits payable SecurityDepositLiability $4.91M USD Point-in-time
Lease intangible liabilities, less accumulated amortization of $1,662 in 2021 and $1,963 in 2020 OffMarketLeaseUnfavorable $994.00K USD Point-in-time
Lease intangible liabilities, less accumulated amortization of $1,662 in 2021 and $1,963 in 2020 OffMarketLeaseUnfavorable $901.00K USD Point-in-time
Liabilities related to assets held for sale RealEstateLiabilitiesAssociatedWithAssetsHeldForDevelopmentAndSale $5.00K USD Point-in-time
Accrued expenses and other liabilities AccruedLiabilitiesCurrentAndNoncurrent $16.87M USD Point-in-time
Accrued expenses and other liabilities AccruedLiabilitiesCurrentAndNoncurrent $14.78M USD Point-in-time
Total Liabilities Liabilities $458.24M USD Point-in-time
Total Liabilities Liabilities $451.50M USD Point-in-time
COMMITMENTS and CONTINGENCIES - Note 13 CommitmentsAndContingencies - USD Point-in-time
COMMITMENTS and CONTINGENCIES - Note 13 CommitmentsAndContingencies - USD Point-in-time
Beneficial interest StockholdersEquityAttributableToParentBeneficialInterest $113.49M USD Point-in-time
Beneficial interest StockholdersEquityAttributableToParentBeneficialInterest $109.37M USD Point-in-time
Operating partnership MinorityInterestInOperatingPartnerships $181.62M USD Point-in-time
Operating partnership MinorityInterestInOperatingPartnerships $179.48M USD Point-in-time
Partially owned properties MinorityInterestInPartiallyOwnedProperties $2.34M USD Point-in-time
Partially owned properties MinorityInterestInPartiallyOwnedProperties $2.35M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.80M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-266.00K USD Point-in-time
Total Shareholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $295.04M USD Point-in-time
Total Shareholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $291.53M USD Point-in-time
Total Shareholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $285.38M USD Point-in-time
Total Shareholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $286.01M USD Point-in-time
Total Shareholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $293.86M USD Point-in-time
Total Shareholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $279.05M USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $743.03M USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $753.29M USD Point-in-time
Income Statement 105 line items
Line Item Tag Value Unit Period
Real estate rental income Revenues $60.73M USD 2 Qtrs
Real estate rental income Revenues $31.92M USD 1 Quarter
Real estate rental income Revenues $63.68M USD 2 Qtrs
Real estate rental income Revenues $30.82M USD 1 Quarter
Operating expenses OperatingExpensesExcludingRealEstateTaxes $10.96M USD 1 Quarter
Operating expenses OperatingExpensesExcludingRealEstateTaxes $23.50M USD 2 Qtrs
Operating expenses OperatingExpensesExcludingRealEstateTaxes $23.77M USD 2 Qtrs
Operating expenses OperatingExpensesExcludingRealEstateTaxes $11.66M USD 1 Quarter
Real estate taxes RealEstateTaxExpense $3.39M USD 1 Quarter
Real estate taxes RealEstateTaxExpense $3.14M USD 1 Quarter
Real estate taxes RealEstateTaxExpense $6.30M USD 2 Qtrs
Real estate taxes RealEstateTaxExpense $6.63M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $5.25M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $5.76M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $11.08M USD 2 Qtrs
Depreciation and amortization DepreciationAndAmortization $10.50M USD 2 Qtrs
Interest FinancingInterestExpense $8.59M USD 2 Qtrs
Interest FinancingInterestExpense $8.57M USD 2 Qtrs
Interest FinancingInterestExpense $4.22M USD 1 Quarter
Interest FinancingInterestExpense $4.30M USD 1 Quarter
Total expenses from rental operations OperatingCostsAndExpenses $25.11M USD 1 Quarter
Total expenses from rental operations OperatingCostsAndExpenses $50.08M USD 2 Qtrs
Total expenses from rental operations OperatingCostsAndExpenses $48.87M USD 2 Qtrs
Total expenses from rental operations OperatingCostsAndExpenses $23.57M USD 1 Quarter
Administration of REIT GeneralAndAdministrativeExpense $1.06M USD 1 Quarter
Administration of REIT GeneralAndAdministrativeExpense $2.25M USD 2 Qtrs
Administration of REIT GeneralAndAdministrativeExpense $1.08M USD 1 Quarter
Administration of REIT GeneralAndAdministrativeExpense $2.26M USD 2 Qtrs
Total expenses CostsAndExpenses $52.34M USD 2 Qtrs
Total expenses CostsAndExpenses $26.17M USD 1 Quarter
Total expenses CostsAndExpenses $51.12M USD 2 Qtrs
Total expenses CostsAndExpenses $24.66M USD 1 Quarter
Net operating income OperatingIncomeLoss $11.35M USD 2 Qtrs
Net operating income OperatingIncomeLoss $5.75M USD 1 Quarter
Net operating income OperatingIncomeLoss $9.61M USD 2 Qtrs
Net operating income OperatingIncomeLoss $6.17M USD 1 Quarter
Equity in (losses) income of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $238.00K USD 2 Qtrs
Equity in (losses) income of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-89.00K USD 1 Quarter
Equity in (losses) income of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $80.00K USD 1 Quarter
Equity in (losses) income of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-116.00K USD 2 Qtrs
Other income OtherNonoperatingIncome $150.00K USD 1 Quarter
Other income OtherNonoperatingIncome $269.00K USD 2 Qtrs
Other income OtherNonoperatingIncome $218.00K USD 1 Quarter
Other income OtherNonoperatingIncome $488.00K USD 2 Qtrs
Gain on sale of real estate investments GainLossOnSaleOfRealEstateAndNonRealEstateInvestments $1.46M USD 2 Qtrs
Gain on sale of real estate investments GainLossOnSaleOfRealEstateAndNonRealEstateInvestments $1.71M USD 1 Quarter
Gain on sale of real estate investments GainLossOnSaleOfRealEstateAndNonRealEstateInvestments $1.71M USD 2 Qtrs
Gain on sale of real estate investments GainLossOnSaleOfRealEstateAndNonRealEstateInvestments $1.00K USD 1 Quarter
Gain on involuntary conversion GainLossOnInvoluntaryConversions $52.00K USD 2 Qtrs
Gain on involuntary conversion GainLossOnInvoluntaryConversions $687.00K USD 2 Qtrs
Gain on involuntary conversion GainLossOnInvoluntaryConversions $687.00K USD 1 Quarter
Total other income NonoperatingIncomeExpenseIncludingIncomeLossFromEquityMethodInvestments $2.02M USD 2 Qtrs
Total other income NonoperatingIncomeExpenseIncludingIncomeLossFromEquityMethodInvestments $2.77M USD 2 Qtrs
Total other income NonoperatingIncomeExpenseIncludingIncomeLossFromEquityMethodInvestments $2.53M USD 1 Quarter
Total other income NonoperatingIncomeExpenseIncludingIncomeLossFromEquityMethodInvestments $231.00K USD 1 Quarter
Net income ProfitLoss $5.84M USD 1 Quarter
Net income ProfitLoss $6.40M USD 1 Quarter
Net income ProfitLoss $14.11M USD 2 Qtrs
Net income ProfitLoss $11.62M USD 2 Qtrs
Net income ProfitLoss $8.28M USD 1 Quarter
Net income ProfitLoss $5.23M USD 1 Quarter
Net income (loss) attributable to noncontrolling interest in operating partnership NoncontrollingInterestInNetIncomeLossOperatingPartnerships $5.36M 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 $7.60M USD 2 Qtrs
Net income (loss) attributable to noncontrolling interest in operating partnership NoncontrollingInterestInNetIncomeLossOperatingPartnerships $9.11M USD 2 Qtrs
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 $-40.00K USD 1 Quarter
Net income (loss) attributable to noncontrolling interest in partially owned properties NoncontrollingInterestInNetIncomeLossPartiallyOwnedProperties $-9.00K USD 2 Qtrs
Net income (loss) attributable to noncontrolling interest in partially owned properties NoncontrollingInterestInNetIncomeLossPartiallyOwnedProperties $18.00K USD 1 Quarter
Net income attributable to Sterling Real Estate Trust NetIncomeLoss $2.96M USD 1 Quarter
Net income attributable to Sterling Real Estate Trust NetIncomeLoss $4.01M USD 2 Qtrs
Net income attributable to Sterling Real Estate Trust NetIncomeLoss $5.01M 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 per common share, basic and diluted EarningsPerShareBasicAndDiluted $0.42 USD 2 Qtrs
Net income attributable to Sterling Real Estate Trust per common share, basic and diluted EarningsPerShareBasicAndDiluted $0.29 USD 1 Quarter
Net income attributable to Sterling Real Estate Trust per common share, basic and diluted EarningsPerShareBasicAndDiluted $0.50 USD 2 Qtrs
Net income attributable to Sterling Real Estate Trust per common share, basic and diluted EarningsPerShareBasicAndDiluted $0.23 USD 1 Quarter
Net income ProfitLoss $5.84M USD 1 Quarter
Net income ProfitLoss $6.40M USD 1 Quarter
Net income ProfitLoss $14.11M USD 2 Qtrs
Net income ProfitLoss $11.62M USD 2 Qtrs
Net income ProfitLoss $8.28M USD 1 Quarter
Net income ProfitLoss $5.23M USD 1 Quarter
Other comprehensive gain (loss) - change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-622.00K USD 1 Quarter
Other comprehensive gain (loss) - change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-1.49M USD 1 Quarter
Other comprehensive gain (loss) - change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $1.54M USD 2 Qtrs
Other comprehensive gain (loss) - change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-2.11M USD 2 Qtrs
Other comprehensive gain (loss) - change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-845.00K USD 1 Quarter
Other comprehensive gain (loss) - change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $2.38M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $9.52M USD 2 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $15.65M USD 2 Qtrs
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $7.43M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $5.78M USD 1 Quarter
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $3.79M USD 1 Quarter
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $10.09M USD 2 Qtrs
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $6.23M USD 2 Qtrs
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $4.77M USD 1 Quarter
Comprehensive income attributable to Sterling Real Estate Trust ComprehensiveIncomeNetOfTax $2.66M USD 1 Quarter
Comprehensive income attributable to Sterling Real Estate Trust ComprehensiveIncomeNetOfTax $5.56M USD 2 Qtrs
Comprehensive income attributable to Sterling Real Estate Trust ComprehensiveIncomeNetOfTax $3.29M USD 2 Qtrs
Comprehensive income attributable to Sterling Real Estate Trust ComprehensiveIncomeNetOfTax $1.99M USD 1 Quarter
Weighted average Common Shares outstanding, basic and diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted 10.03M shares 2 Qtrs
Weighted average Common Shares outstanding, basic and diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted 9.59M shares 2 Qtrs
Weighted average Common Shares outstanding, basic and diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted 10.09M shares 1 Quarter
Weighted average Common Shares outstanding, basic and diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted 9.61M shares 1 Quarter
Cash Flow Statement 74 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $5.84M USD 1 Quarter
Net income ProfitLoss $6.40M USD 1 Quarter
Net income ProfitLoss $14.11M USD 2 Qtrs
Net income ProfitLoss $11.62M USD 2 Qtrs
Net income ProfitLoss $8.28M USD 1 Quarter
Net income ProfitLoss $5.23M USD 1 Quarter
Gain on sale of real estate investments GainsLossesOnSalesOfInvestmentRealEstate $1.46M USD 2 Qtrs
Gain on sale of real estate investments GainsLossesOnSalesOfInvestmentRealEstate $1.71M USD 2 Qtrs
Gain on involuntary conversion GainLossOnInvoluntaryConversions $52.00K USD 2 Qtrs
Gain on involuntary conversion GainLossOnInvoluntaryConversions $687.00K USD 2 Qtrs
Gain on involuntary conversion GainLossOnInvoluntaryConversions $687.00K USD 1 Quarter
Equity in loss (income) of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $238.00K USD 2 Qtrs
Equity in loss (income) of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-89.00K USD 1 Quarter
Equity in loss (income) of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $80.00K USD 1 Quarter
Equity in loss (income) of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-116.00K USD 2 Qtrs
Distributions of earnings of unconsolidated affiliates EquityMethodInvestmentDividendsOrDistributions $116.00K USD 2 Qtrs
Distributions of earnings of unconsolidated affiliates EquityMethodInvestmentDividendsOrDistributions $238.00K USD 2 Qtrs
Allowance for uncollectible accounts receivable ProvisionForDoubtfulAccounts $40.00K USD 2 Qtrs
Allowance for uncollectible accounts receivable ProvisionForDoubtfulAccounts $377.00K USD 2 Qtrs
Depreciation Depreciation $9.76M USD 2 Qtrs
Depreciation Depreciation $10.44M USD 2 Qtrs
Amortization AmortizationOfIntangibleAssets $629.00K USD 2 Qtrs
Amortization AmortizationOfIntangibleAssets $733.00K USD 2 Qtrs
Amortization of debt issuance costs AmortizationOfFinancingCosts $262.00K 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 $4.57M USD 2 Qtrs
Tenant security deposits payable IncreaseDecreaseInSecurityDeposits $278.00K USD 2 Qtrs
Tenant security deposits payable IncreaseDecreaseInSecurityDeposits $361.00K USD 2 Qtrs
Accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilities $-2.71M USD 2 Qtrs
Accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilities $-1.76M USD 2 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivities $21.52M USD 2 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivities $16.66M USD 2 Qtrs
Purchase of real estate investment properties PaymentsToAcquireAndDevelopRealEstate $13.10M USD 2 Qtrs
Purchase of real estate investment properties PaymentsToAcquireAndDevelopRealEstate $375.00K USD 2 Qtrs
Capital expenditures and tenant improvements PaymentsForLeasingCostsCommissionsAndTenantImprovements $15.44M USD 2 Qtrs
Capital expenditures and tenant improvements PaymentsForLeasingCostsCommissionsAndTenantImprovements $8.71M USD 2 Qtrs
Proceeds from sale of real estate investments and non-real estate investments PaymentsForProceedsFromRealEstatePartnershipInvestmentAndOtherInvestmentsNet $-5.48M USD 2 Qtrs
Proceeds from sale of real estate investments and non-real estate investments PaymentsForProceedsFromRealEstatePartnershipInvestmentAndOtherInvestmentsNet $-5.59M USD 2 Qtrs
Proceeds from involuntary conversion ProceedsFromInsuranceForInvoluntaryConversions $774.00K USD 2 Qtrs
Proceeds from involuntary conversion ProceedsFromInsuranceForInvoluntaryConversions $3.11M USD 2 Qtrs
Investment in unconsolidated affiliates PaymentsToAcquireEquityMethodInvestments $501.00K USD 2 Qtrs
Investment in unconsolidated affiliates PaymentsToAcquireEquityMethodInvestments $2.09M USD 2 Qtrs
Distributions in excess of earnings received from unconsolidated affiliates ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $141.00K USD 2 Qtrs
Notes receivable payments received ProceedsFromCollectionOfNotesReceivable $1.39M USD 2 Qtrs
Notes receivable payments received 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 $-13.81M USD 2 Qtrs
Payments for financing, debt issuance PaymentsOfFinancingCosts $228.00K USD 2 Qtrs
Payments for financing, debt issuance PaymentsOfFinancingCosts $358.00K USD 2 Qtrs
Payments on investment certificates and subordinated debt PaymentsOnInvestmentCertificatesAndSubordinatedDebt $25.00K USD 2 Qtrs
Principal payments on special assessments payable PrincipalPaymentsOnSpecialAssessmentsPayable $290.00K USD 2 Qtrs
Proceeds from issuance of mortgage notes payable and subordinated debt ProceedsFromIssuanceOfLongTermDebt $18.88M USD 2 Qtrs
Proceeds from issuance of mortgage notes payable and subordinated debt ProceedsFromIssuanceOfLongTermDebt $31.16M USD 2 Qtrs
Principal payments on mortgage notes payable RepaymentsOfLongTermDebt $12.14M USD 2 Qtrs
Principal payments on mortgage notes payable RepaymentsOfLongTermDebt $22.41M USD 2 Qtrs
Proceeds from issuance of shares under optional purchase plan ProceedsFromIssuanceOfSharesUnderOptionalPurchasePlan $1.81M USD 2 Qtrs
Proceeds from issuance of shares under optional purchase plan ProceedsFromIssuanceOfSharesUnderOptionalPurchasePlan $2.13M USD 2 Qtrs
Shares/units redeemed PaymentsForRepurchaseOfCommonStock $3.55M USD 2 Qtrs
Shares/units redeemed PaymentsForRepurchaseOfCommonStock $2.48M USD 2 Qtrs
Dividends/distributions paid PaymentsOfDividendsCommonStock $11.56M USD 2 Qtrs
Dividends/distributions paid PaymentsOfDividendsCommonStock $11.29M USD 2 Qtrs
NET CASH USED IN FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $-4.61M USD 2 Qtrs
NET CASH USED IN FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $-5.74M USD 2 Qtrs
NET CHANGE IN CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-1.77M USD 2 Qtrs
NET CHANGE IN CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $5.11M USD 2 Qtrs
CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT BEGINNING OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $25.87M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT BEGINNING OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $27.64M 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 BEGINNING OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $17.38M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $25.87M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $27.64M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $22.49M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $17.38M USD Point-in-time
Stockholders Equity 42 line items
Line Item Tag Value Unit Period
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $295.04M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $291.53M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $285.38M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $286.01M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $293.86M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $279.05M USD Point-in-time
Contribution of assets in exchange for the issuance of noncontrolling interest shares NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest $9.03M USD 1 Quarter
Contribution of assets in exchange for the issuance of noncontrolling interest shares NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest $890.00K USD 1 Quarter
Shares/units redeemed StockRepurchasedDuringPeriodValue $2.15M USD 1 Quarter
Shares/units redeemed StockRepurchasedDuringPeriodValue $1.25M USD 1 Quarter
Shares/units redeemed StockRepurchasedDuringPeriodValue $1.24M USD 1 Quarter
Shares/units redeemed StockRepurchasedDuringPeriodValue $1.41M USD 1 Quarter
Dividends and distributions declared DividendsCommonStockCash $7.37M USD 1 Quarter
Dividends and distributions declared DividendsCommonStockCash $7.49M USD 1 Quarter
Dividends and distributions declared DividendsCommonStockCash $7.48M USD 1 Quarter
Dividends and distributions declared DividendsCommonStockCash $7.36M USD 1 Quarter
Dividends reinvested - stock dividend StockIssuedDuringPeriodValueDividendReinvestmentPlan $1.58M USD 1 Quarter
Dividends reinvested - stock dividend StockIssuedDuringPeriodValueDividendReinvestmentPlan $1.69M USD 1 Quarter
Dividends reinvested - stock dividend StockIssuedDuringPeriodValueDividendReinvestmentPlan $1.61M USD 1 Quarter
Dividends reinvested - stock dividend StockIssuedDuringPeriodValueDividendReinvestmentPlan $1.68M USD 1 Quarter
Issuance of shares under optional purchase plan StockIssuedDuringPeriodValueStockPurchasePlan $611.00K USD 1 Quarter
Issuance of shares under optional purchase plan StockIssuedDuringPeriodValueStockPurchasePlan $820.00K USD 1 Quarter
Issuance of shares under optional purchase plan StockIssuedDuringPeriodValueStockPurchasePlan $1.20M USD 1 Quarter
Issuance of shares under optional purchase plan StockIssuedDuringPeriodValueStockPurchasePlan $1.31M 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 $1.54M USD 2 Qtrs
Change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-2.11M USD 2 Qtrs
Change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-845.00K USD 1 Quarter
Change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $2.38M USD 1 Quarter
Net income ProfitLoss $5.84M USD 1 Quarter
Net income ProfitLoss $6.40M USD 1 Quarter
Net income ProfitLoss $14.11M USD 2 Qtrs
Net income ProfitLoss $11.62M USD 2 Qtrs
Net income ProfitLoss $8.28M USD 1 Quarter
Net income ProfitLoss $5.23M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $295.04M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $291.53M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $285.38M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $286.01M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $293.86M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $279.05M USD Point-in-time

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

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