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10-K Filing

STERLING REAL ESTATE TRUST CIK: 1412502 FY 2021
Filing Information
Form Type 10-K
Accession Number 0001558370-22-003743
Period End Date 20211231
Filing Date 20220316
Fiscal Year 2021
Fiscal Period FY
XBRL Instance sret-20211231x10k_htm.xml
Filing Contents
Balance Sheet 60 line items
Line Item Tag Value Unit Period
Land and land improvements LandAndLandImprovements $119.09M USD Point-in-time
Land and land improvements LandAndLandImprovements $125.34M USD Point-in-time
Building and improvements InvestmentBuildingAndBuildingImprovements $763.00M USD Point-in-time
Building and improvements InvestmentBuildingAndBuildingImprovements $712.56M USD Point-in-time
Construction in progress DevelopmentInProcess $8.36M USD Point-in-time
Construction in progress DevelopmentInProcess $13.64M USD Point-in-time
Real estate investments RealEstateInvestmentPropertyAtCost $896.70M USD Point-in-time
Real estate investments RealEstateInvestmentPropertyAtCost $845.29M USD Point-in-time
Real estate investments RealEstateInvestmentPropertyAtCost $802.03M USD Point-in-time
Real estate investments RealEstateInvestmentPropertyAtCost $790.70M USD Point-in-time
Less accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $160.57M USD Point-in-time
Less accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $128.11M USD Point-in-time
Less accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $179.16M USD Point-in-time
Less accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $146.32M USD Point-in-time
Real estate investments, net RealEstateInvestmentPropertyNet $684.71M USD Point-in-time
Real estate investments, net RealEstateInvestmentPropertyNet $717.55M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $51.51M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $9.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $11.72M USD Point-in-time
Restricted deposits RestrictedCashAndCashEquivalents $9.15M USD Point-in-time
Restricted deposits RestrictedCashAndCashEquivalents $8.38M USD Point-in-time
Restricted deposits RestrictedCashAndCashEquivalents $15.92M USD Point-in-time
Investment in unconsolidated affiliates InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $18.66M USD Point-in-time
Investment in unconsolidated affiliates InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $9.66M USD Point-in-time
Notes receivable NotesReceivableGross $7.46M USD Point-in-time
Notes receivable NotesReceivableGross $2.03M USD Point-in-time
Lease intangible assets, less accumulated amortization IntangibleAssetsNetExcludingGoodwill $7.37M USD Point-in-time
Lease intangible assets, less accumulated amortization IntangibleAssetsNetExcludingGoodwill $6.25M USD Point-in-time
Other assets, net OtherAssetsNetAmount $10.30M USD Point-in-time
Other assets, net OtherAssetsNetAmount $11.63M USD Point-in-time
Total Assets Assets $820.87M 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 $493.14M USD Point-in-time
Dividends payable DividendsPayableCurrentAndNoncurrent $7.57M USD Point-in-time
Dividends payable DividendsPayableCurrentAndNoncurrent $7.45M USD Point-in-time
Tenant security deposits payable SecurityDepositLiability $5.22M USD Point-in-time
Tenant security deposits payable SecurityDepositLiability $4.91M USD Point-in-time
Lease intangible liabilities, less accumulated amortization OffMarketLeaseUnfavorable $811.00K USD Point-in-time
Lease intangible liabilities, less accumulated amortization OffMarketLeaseUnfavorable $994.00K USD Point-in-time
Accrued expenses and other liabilities AccruedLiabilitiesCurrentAndNoncurrent $16.87M USD Point-in-time
Accrued expenses and other liabilities AccruedLiabilitiesCurrentAndNoncurrent $18.60M USD Point-in-time
Total Liabilities Liabilities $525.35M USD Point-in-time
Total Liabilities Liabilities $451.50M USD Point-in-time
COMMITMENTS and CONTINGENCIES - Note 17 CommitmentsAndContingencies - USD Point-in-time
COMMITMENTS and CONTINGENCIES - Note 17 CommitmentsAndContingencies - USD Point-in-time
Beneficial interest StockholdersEquityAttributableToParentBeneficialInterest $109.37M USD Point-in-time
Beneficial interest StockholdersEquityAttributableToParentBeneficialInterest $116.86M USD Point-in-time
Operating partnership MinorityInterestInOperatingPartnerships $181.62M USD Point-in-time
Operating partnership MinorityInterestInOperatingPartnerships $176.95M USD Point-in-time
Partially owned properties MinorityInterestInPartiallyOwnedProperties $2.35M USD Point-in-time
Partially owned properties MinorityInterestInPartiallyOwnedProperties $2.66M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.80M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-950.00K USD Point-in-time
Total Shareholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $295.52M USD Point-in-time
Total Shareholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $283.75M USD Point-in-time
Total Shareholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $291.53M 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 $820.87M USD Point-in-time
Income Statement 144 line items
Line Item Tag Value Unit Period
Real estate rental income Revenues $29.91M USD 1 Quarter
Real estate rental income Revenues $124.62M USD Annual
Real estate rental income Revenues $31.76M USD 1 Quarter
Real estate rental income Revenues $31.92M USD 1 Quarter
Real estate rental income Revenues $32.59M USD 1 Quarter
Real estate rental income Revenues $120.34M USD Annual
Real estate rental income Revenues $30.82M USD 1 Quarter
Real estate rental income Revenues $33.02M USD 1 Quarter
Real estate rental income Revenues $33.05M USD 1 Quarter
Real estate rental income Revenues $129.32M USD Annual
Real estate rental income Revenues $30.87M USD 1 Quarter
Operating expenses OperatingExpensesExcludingRealEstateTaxes $48.86M USD Annual
Operating expenses OperatingExpensesExcludingRealEstateTaxes $51.06M USD Annual
Operating expenses OperatingExpensesExcludingRealEstateTaxes $47.07M USD Annual
Real estate taxes RealEstateTaxExpense $13.71M USD Annual
Real estate taxes RealEstateTaxExpense $12.08M USD Annual
Real estate taxes RealEstateTaxExpense $12.50M USD Annual
Depreciation and amortization DepreciationAndAmortization $21.21M USD Annual
Depreciation and amortization DepreciationAndAmortization $22.20M USD Annual
Depreciation and amortization DepreciationAndAmortization $21.50M USD Annual
Interest FinancingInterestExpense $17.10M USD Annual
Interest FinancingInterestExpense $18.14M USD Annual
Interest FinancingInterestExpense $18.28M USD Annual
Total expenses from rental operations OperatingCostsAndExpenses $100.71M USD Annual
Total expenses from rental operations OperatingCostsAndExpenses $97.88M USD Annual
Total expenses from rental operations OperatingCostsAndExpenses $105.11M USD Annual
Administration of REIT GeneralAndAdministrativeExpense $4.11M USD Annual
Administration of REIT GeneralAndAdministrativeExpense $4.22M USD Annual
Administration of REIT GeneralAndAdministrativeExpense $4.38M USD Annual
Total expenses CostsAndExpenses $104.83M USD Annual
Total expenses CostsAndExpenses $102.10M USD Annual
Total expenses CostsAndExpenses $109.50M USD Annual
Income from operations OperatingIncomeLoss $15.51M USD Annual
Income from operations OperatingIncomeLoss $19.83M USD Annual
Income from operations OperatingIncomeLoss $22.52M USD Annual
Equity in (losses) income of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $759.00K USD Annual
Equity in (losses) income of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-261.00K USD Annual
Equity in (losses) income of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $263.00K USD Annual
Other income OtherNonoperatingIncome $455.00K USD Annual
Other income OtherNonoperatingIncome $301.00K USD Annual
Other income OtherNonoperatingIncome $1.94M USD Annual
Gain on sale of real estate investments GainLossOnSaleOfRealEstateAndNonRealEstateInvestments $1.71M USD Annual
Gain on sale of real estate investments GainLossOnSaleOfRealEstateAndNonRealEstateInvestments $3.38M USD Annual
Gain on involuntary conversion GainLossOnInvoluntaryConversions $1.23M USD Annual
Gain on involuntary conversion GainLossOnInvoluntaryConversions $-515.00K USD Annual
Gain on involuntary conversion GainLossOnInvoluntaryConversions $360.00K USD Annual
Total other income NonoperatingIncomeExpenseIncludingIncomeLossFromEquityMethodInvestments $4.61M USD Annual
Total other income NonoperatingIncomeExpenseIncludingIncomeLossFromEquityMethodInvestments $545.00K USD Annual
Total other income NonoperatingIncomeExpenseIncludingIncomeLossFromEquityMethodInvestments $4.46M USD Annual
Net income ProfitLoss $5.84M USD 1 Quarter
Net income ProfitLoss $6.40M USD 1 Quarter
Net income ProfitLoss $8.28M USD 1 Quarter
Net income ProfitLoss $24.44M USD Annual
Net income ProfitLoss $5.72M USD 1 Quarter
Net income ProfitLoss $5.23M USD 1 Quarter
Net income ProfitLoss $5.27M USD 1 Quarter
Net income ProfitLoss $4.61M USD 1 Quarter
Net income ProfitLoss $10.09M USD 1 Quarter
Net income ProfitLoss $16.06M USD Annual
Net income ProfitLoss $26.98M USD Annual
Net income (loss) attributable to noncontrolling interest in operating partnership NoncontrollingInterestInNetIncomeLossOperatingPartnerships $10.65M USD Annual
Net income (loss) attributable to noncontrolling interest in operating partnership NoncontrollingInterestInNetIncomeLossOperatingPartnerships $17.64M USD Annual
Net income (loss) attributable to noncontrolling interest in operating partnership NoncontrollingInterestInNetIncomeLossOperatingPartnerships $15.78M USD Annual
Net income (loss) attributable to noncontrolling interest in partially owned properties NoncontrollingInterestInNetIncomeLossPartiallyOwnedProperties $-122.00K USD Annual
Net income (loss) attributable to noncontrolling interest in partially owned properties NoncontrollingInterestInNetIncomeLossPartiallyOwnedProperties $-139.00K USD Annual
Net income (loss) attributable to noncontrolling interest in partially owned properties NoncontrollingInterestInNetIncomeLossPartiallyOwnedProperties $-70.00K USD Annual
Net income attributable to Sterling Real Estate Trust NetIncomeLoss $2.96M USD 1 Quarter
Net income attributable to Sterling Real Estate Trust NetIncomeLoss $1.81M USD 1 Quarter
Net income attributable to Sterling Real Estate Trust NetIncomeLoss $3.55M USD 1 Quarter
Net income attributable to Sterling Real Estate Trust NetIncomeLoss $5.53M USD Annual
Net income attributable to Sterling Real Estate Trust NetIncomeLoss $1.84M USD 1 Quarter
Net income attributable to Sterling Real Estate Trust NetIncomeLoss $8.79M USD Annual
Net income attributable to Sterling Real Estate Trust NetIncomeLoss $2.10M USD 1 Quarter
Net income attributable to Sterling Real Estate Trust NetIncomeLoss $2.05M USD 1 Quarter
Net income attributable to Sterling Real Estate Trust NetIncomeLoss $2.20M USD 1 Quarter
Net income attributable to Sterling Real Estate Trust NetIncomeLoss $1.68M USD 1 Quarter
Net income attributable to Sterling Real Estate Trust NetIncomeLoss $9.40M USD Annual
Net income attributable to Sterling Real Estate Trust per common share, basic EarningsPerShareBasic $0.60 USD Annual
Net income attributable to Sterling Real Estate Trust per common share, basic EarningsPerShareBasic $0.87 USD Annual
Net income attributable to Sterling Real Estate Trust per common share, basic EarningsPerShareBasic $0.29 USD 1 Quarter
Net income attributable to Sterling Real Estate Trust per common share, basic EarningsPerShareBasic $0.97 USD Annual
Net income attributable to Sterling Real Estate Trust per common share, basic EarningsPerShareBasic $0.16 USD 1 Quarter
Net income attributable to Sterling Real Estate Trust per common share, basic EarningsPerShareBasic $0.23 USD 1 Quarter
Net income attributable to Sterling Real Estate Trust per common share, basic EarningsPerShareBasic $0.21 USD 1 Quarter
Net income attributable to Sterling Real Estate Trust per common share, basic EarningsPerShareBasic $0.36 USD 1 Quarter
Net income attributable to Sterling Real Estate Trust per common share, basic EarningsPerShareBasic $0.21 USD 1 Quarter
Net income attributable to Sterling Real Estate Trust per common share, basic EarningsPerShareBasic $0.19 USD 1 Quarter
Net income attributable to Sterling Real Estate Trust per common share, basic EarningsPerShareBasic $0.19 USD 1 Quarter
Net income attributable to Sterling Real Estate Trust per common share, diluted EarningsPerShareDiluted $0.19 USD 1 Quarter
Net income attributable to Sterling Real Estate Trust per common share, diluted EarningsPerShareDiluted $0.21 USD 1 Quarter
Net income attributable to Sterling Real Estate Trust per common share, diluted EarningsPerShareDiluted $0.16 USD 1 Quarter
Net income attributable to Sterling Real Estate Trust per common share, diluted EarningsPerShareDiluted $0.60 USD Annual
Net income attributable to Sterling Real Estate Trust per common share, diluted EarningsPerShareDiluted $0.87 USD Annual
Net income attributable to Sterling Real Estate Trust per common share, diluted EarningsPerShareDiluted $0.29 USD 1 Quarter
Net income attributable to Sterling Real Estate Trust per common share, diluted EarningsPerShareDiluted $0.21 USD 1 Quarter
Net income attributable to Sterling Real Estate Trust per common share, diluted EarningsPerShareDiluted $0.97 USD Annual
Net income attributable to Sterling Real Estate Trust per common share, diluted EarningsPerShareDiluted $0.36 USD 1 Quarter
Net income attributable to Sterling Real Estate Trust per common share, diluted EarningsPerShareDiluted $0.23 USD 1 Quarter
Net income attributable to Sterling Real Estate Trust per common share, diluted EarningsPerShareDiluted $0.19 USD 1 Quarter
Net income ProfitLoss $5.84M USD 1 Quarter
Net income ProfitLoss $6.40M USD 1 Quarter
Net income ProfitLoss $8.28M USD 1 Quarter
Net income ProfitLoss $24.44M USD Annual
Net income ProfitLoss $5.72M USD 1 Quarter
Net income ProfitLoss $5.23M USD 1 Quarter
Net income ProfitLoss $5.27M USD 1 Quarter
Net income ProfitLoss $4.61M USD 1 Quarter
Net income ProfitLoss $10.09M USD 1 Quarter
Net income ProfitLoss $16.06M USD Annual
Net income ProfitLoss $26.98M USD Annual
Other comprehensive gain (loss) - change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $67.00K USD Annual
Other comprehensive gain (loss) - change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-1.84M USD Annual
Other comprehensive gain (loss) - change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $855.00K USD Annual
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $16.13M USD Annual
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $25.29M USD Annual
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $25.14M USD Annual
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $16.37M USD Annual
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $16.19M USD Annual
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $10.57M USD Annual
Comprehensive income attributable to Sterling Real Estate Trust ComprehensiveIncomeNetOfTax $8.77M USD Annual
Comprehensive income attributable to Sterling Real Estate Trust ComprehensiveIncomeNetOfTax $9.10M USD Annual
Comprehensive income attributable to Sterling Real Estate Trust ComprehensiveIncomeNetOfTax $5.56M USD Annual
Weighted average Common Shares outstanding, basic WeightedAverageNumberOfSharesOutstandingBasic 10.16M shares Annual
Weighted average Common Shares outstanding, basic WeightedAverageNumberOfSharesOutstandingBasic 10.21M shares 1 Quarter
Weighted average Common Shares outstanding, basic WeightedAverageNumberOfSharesOutstandingBasic 9.27M shares Annual
Weighted average Common Shares outstanding, basic WeightedAverageNumberOfSharesOutstandingBasic 9.98M shares 1 Quarter
Weighted average Common Shares outstanding, basic WeightedAverageNumberOfSharesOutstandingBasic 9.86M shares 1 Quarter
Weighted average Common Shares outstanding, basic WeightedAverageNumberOfSharesOutstandingBasic 9.69M shares Annual
Weighted average Common Shares outstanding, basic WeightedAverageNumberOfSharesOutstandingBasic 10.09M shares 1 Quarter
Weighted average Common Shares outstanding, basic WeightedAverageNumberOfSharesOutstandingBasic 9.56M shares 1 Quarter
Weighted average Common Shares outstanding, basic WeightedAverageNumberOfSharesOutstandingBasic 10.35M shares 1 Quarter
Weighted average Common Shares outstanding, basic WeightedAverageNumberOfSharesOutstandingBasic 9.61M shares 1 Quarter
Weighted average Common Shares outstanding, basic WeightedAverageNumberOfSharesOutstandingBasic 9.74M shares 1 Quarter
Weighted average Common Shares outstanding, diluted WeightedAverageNumberOfDilutedSharesOutstanding 10.09M shares 1 Quarter
Weighted average Common Shares outstanding, diluted WeightedAverageNumberOfDilutedSharesOutstanding 9.86M shares 1 Quarter
Weighted average Common Shares outstanding, diluted WeightedAverageNumberOfDilutedSharesOutstanding 9.27M shares Annual
Weighted average Common Shares outstanding, diluted WeightedAverageNumberOfDilutedSharesOutstanding 9.69M shares Annual
Weighted average Common Shares outstanding, diluted WeightedAverageNumberOfDilutedSharesOutstanding 9.56M shares 1 Quarter
Weighted average Common Shares outstanding, diluted WeightedAverageNumberOfDilutedSharesOutstanding 10.21M shares 1 Quarter
Weighted average Common Shares outstanding, diluted WeightedAverageNumberOfDilutedSharesOutstanding 10.16M shares Annual
Weighted average Common Shares outstanding, diluted WeightedAverageNumberOfDilutedSharesOutstanding 9.98M shares 1 Quarter
Weighted average Common Shares outstanding, diluted WeightedAverageNumberOfDilutedSharesOutstanding 9.74M shares 1 Quarter
Weighted average Common Shares outstanding, diluted WeightedAverageNumberOfDilutedSharesOutstanding 10.35M shares 1 Quarter
Weighted average Common Shares outstanding, diluted WeightedAverageNumberOfDilutedSharesOutstanding 9.61M shares 1 Quarter
Cash Flow Statement 107 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 $8.28M USD 1 Quarter
Net income ProfitLoss $24.44M USD Annual
Net income ProfitLoss $5.72M USD 1 Quarter
Net income ProfitLoss $5.23M USD 1 Quarter
Net income ProfitLoss $5.27M USD 1 Quarter
Net income ProfitLoss $4.61M USD 1 Quarter
Net income ProfitLoss $10.09M USD 1 Quarter
Net income ProfitLoss $16.06M USD Annual
Net income ProfitLoss $26.98M USD Annual
Gain on sale of real estate investments GainsLossesOnSalesOfInvestmentRealEstate $1.71M USD Annual
Gain on sale of real estate investments GainsLossesOnSalesOfInvestmentRealEstate $3.38M USD Annual
Gain on involuntary conversion GainLossOnInvoluntaryConversions $1.23M USD Annual
Gain on involuntary conversion GainLossOnInvoluntaryConversions $-515.00K USD Annual
Gain on involuntary conversion GainLossOnInvoluntaryConversions $360.00K USD Annual
Equity in loss (income) of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $759.00K USD Annual
Equity in loss (income) of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-261.00K USD Annual
Equity in loss (income) of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $263.00K USD Annual
Distributions of earnings of unconsolidated affiliates EquityMethodInvestmentDividendsOrDistributions $233.00K USD Annual
Distributions of earnings of unconsolidated affiliates EquityMethodInvestmentDividendsOrDistributions $759.00K USD Annual
Distributions of earnings of unconsolidated affiliates EquityMethodInvestmentDividendsOrDistributions $361.00K USD Annual
Allowance for uncollectible accounts receivable ProvisionForDoubtfulAccounts $540.00K USD Annual
Allowance for uncollectible accounts receivable ProvisionForDoubtfulAccounts $-667.00K USD Annual
Allowance for uncollectible accounts receivable ProvisionForDoubtfulAccounts $203.00K USD Annual
Depreciation Depreciation $19.64M USD Annual
Depreciation Depreciation $20.92M USD Annual
Depreciation Depreciation $19.77M USD Annual
Amortization AmortizationOfIntangibleAssets $1.42M USD Annual
Amortization AmortizationOfIntangibleAssets $1.80M USD Annual
Amortization AmortizationOfIntangibleAssets $1.28M USD Annual
Amortization of debt issuance costs AmortizationOfFinancingCosts $634.00K USD Annual
Amortization of debt issuance costs AmortizationOfFinancingCosts $636.00K USD Annual
Amortization of debt issuance costs AmortizationOfFinancingCosts $608.00K USD Annual
Other assets IncreaseDecreaseInOtherOperatingAssets $-785.00K USD Annual
Other assets IncreaseDecreaseInOtherOperatingAssets $219.00K USD Annual
Other assets IncreaseDecreaseInOtherOperatingAssets $234.00K USD Annual
Tenant security deposits payable IncreaseDecreaseInSecurityDeposits $349.00K USD Annual
Tenant security deposits payable IncreaseDecreaseInSecurityDeposits $153.00K USD Annual
Tenant security deposits payable IncreaseDecreaseInSecurityDeposits $328.00K USD Annual
Accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilities $-242.00K USD Annual
Accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilities $-1.16M USD Annual
Accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilities $2.54M USD Annual
NET CASH PROVIDED BY OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivities $44.65M USD Annual
NET CASH PROVIDED BY OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivities $41.33M USD Annual
NET CASH PROVIDED BY OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivities $45.03M USD Annual
Purchase of real estate investment properties PaymentsToAcquireAndDevelopRealEstate $10.06M USD Annual
Purchase of real estate investment properties PaymentsToAcquireAndDevelopRealEstate $35.89M USD Annual
Capital expenditures and tenant improvements PaymentsForLeasingCostsCommissionsAndTenantImprovements $18.01M USD Annual
Capital expenditures and tenant improvements PaymentsForLeasingCostsCommissionsAndTenantImprovements $31.14M USD Annual
Capital expenditures and tenant improvements PaymentsForLeasingCostsCommissionsAndTenantImprovements $15.45M USD Annual
Proceeds from sale of real estate investments and non-real estate investments PaymentsForProceedsFromRealEstatePartnershipInvestmentAndOtherInvestmentsNet $-12.50M USD Annual
Proceeds from sale of real estate investments and non-real estate investments PaymentsForProceedsFromRealEstatePartnershipInvestmentAndOtherInvestmentsNet $-5.61M USD Annual
Proceeds from involuntary conversion ProceedsFromInsuranceForInvoluntaryConversions $2.60M USD Annual
Proceeds from involuntary conversion ProceedsFromInsuranceForInvoluntaryConversions $1.29M USD Annual
Proceeds from involuntary conversion ProceedsFromInsuranceForInvoluntaryConversions $4.09M USD Annual
Investment in unconsolidated affiliates PaymentsToAcquireEquityMethodInvestments $9.49M USD Annual
Investment in unconsolidated affiliates PaymentsToAcquireEquityMethodInvestments $5.35M USD Annual
Investment in unconsolidated affiliates PaymentsToAcquireEquityMethodInvestments $2.26M USD Annual
Distributions in excess of earnings received from unconsolidated affiliates ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $422.00K USD Annual
Distributions in excess of earnings received from unconsolidated affiliates ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $126.00K USD Annual
Notes receivable issued net of payments received PaymentsToAcquireNotesReceivable $726.00K USD Annual
Notes receivable issued net of payments received PaymentsToAcquireNotesReceivable $5.43M USD Annual
Notes receivable issued net of payments received PaymentsToAcquireNotesReceivable $1.30M USD Annual
NET CASH USED IN INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities $-59.12M USD Annual
NET CASH USED IN INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities $-29.98M USD Annual
NET CASH USED IN INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities $-19.37M USD Annual
Payments for financing, debt issuance PaymentsOfFinancingCosts $1.28M USD Annual
Payments for financing, debt issuance PaymentsOfFinancingCosts $530.00K USD Annual
Payments for financing, debt issuance PaymentsOfFinancingCosts $136.00K USD Annual
Payments on investment certificates and subordinated debt PaymentsOnInvestmentCertificatesAndSubordinatedDebt $25.00K USD Annual
Payments on investment certificates and subordinated debt PaymentsOnInvestmentCertificatesAndSubordinatedDebt $100.00K USD Annual
Principal payments on special assessments payable PrincipalPaymentsOnSpecialAssessmentsPayable $597.00K USD Annual
Principal payments on special assessments payable PrincipalPaymentsOnSpecialAssessmentsPayable $498.00K USD Annual
Proceeds from issuance of mortgage notes payable and subordinated debt ProceedsFromIssuanceOfLongTermDebt $15.09M USD Annual
Proceeds from issuance of mortgage notes payable and subordinated debt ProceedsFromIssuanceOfLongTermDebt $67.95M USD Annual
Proceeds from issuance of mortgage notes payable and subordinated debt ProceedsFromIssuanceOfLongTermDebt $116.18M USD Annual
Principal payments on mortgage notes payable RepaymentsOfLongTermDebt $28.39M USD Annual
Principal payments on mortgage notes payable RepaymentsOfLongTermDebt $48.55M USD Annual
Principal payments on mortgage notes payable RepaymentsOfLongTermDebt $43.64M USD Annual
Advances on lines of credit ProceedsFromLinesOfCredit $818.69M USD Annual
Advances on lines of credit ProceedsFromLinesOfCredit $30.96M USD Annual
Payments on lines of credit RepaymentsOfLinesOfCredit $818.69M USD Annual
Payments on lines of credit RepaymentsOfLinesOfCredit $30.96M USD Annual
Proceeds from issuance of shares under optional purchase plan ProceedsFromIssuanceOfSharesUnderOptionalPurchasePlan $3.29M USD Annual
Proceeds from issuance of shares under optional purchase plan ProceedsFromIssuanceOfSharesUnderOptionalPurchasePlan $3.59M USD Annual
Proceeds from issuance of shares under optional purchase plan ProceedsFromIssuanceOfSharesUnderOptionalPurchasePlan $4.06M USD Annual
Shares/units redeemed PaymentsForRepurchaseOfCommonStock $3.54M USD Annual
Shares/units redeemed PaymentsForRepurchaseOfCommonStock $2.02M USD Annual
Shares/units redeemed PaymentsForRepurchaseOfCommonStock $5.57M USD Annual
Dividends/distributions paid PaymentsOfDividendsCommonStock $22.74M USD Annual
Dividends/distributions paid PaymentsOfDividendsCommonStock $21.87M USD Annual
Dividends/distributions paid PaymentsOfDividendsCommonStock $22.62M USD Annual
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $-4.42M USD Annual
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $-34.64M USD Annual
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $47.11M USD Annual
NET CHANGE IN CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $33.02M USD Annual
NET CHANGE IN CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $10.25M USD Annual
NET CHANGE IN CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-12.68M USD Annual
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 $60.66M USD Point-in-time
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 $27.64M 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 $60.66M 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 $27.64M USD Point-in-time
Stockholders Equity 47 line items
Line Item Tag Value Unit Period
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $295.52M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $283.75M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $291.53M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $279.05M USD Point-in-time
Beginning Balance (in shares) CommonStockSharesOutstanding 9.86M shares Point-in-time
Beginning Balance (in shares) CommonStockSharesOutstanding 10.34M shares Point-in-time
Contribution of assets in exchange for the issuance of noncontrolling interest shares NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest $2.88M USD Annual
Contribution of assets in exchange for the issuance of noncontrolling interest shares NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest $10.29M USD Annual
Shares issued under trustee compensation plan StockIssuedDuringPeriodValueShareBasedCompensationGross $64.00K USD Annual
Shares issued under trustee compensation plan StockIssuedDuringPeriodValueShareBasedCompensationGross $57.00K USD Annual
Shares issued under trustee compensation plan StockIssuedDuringPeriodValueShareBasedCompensationGross $62.00K USD Annual
Shares/units redeemed StockRepurchasedDuringPeriodValue $5.57M USD Annual
Shares/units redeemed StockRepurchasedDuringPeriodValue $3.54M USD Annual
Shares/units redeemed StockRepurchasedDuringPeriodValue $2.02M USD Annual
Dividends and distributions declared DividendsCommonStockCash $28.31M USD Annual
Dividends and distributions declared DividendsCommonStockCash $30.08M USD Annual
Dividends and distributions declared DividendsCommonStockCash $29.58M USD Annual
Dividends reinvested - stock dividend StockIssuedDuringPeriodValueDividendReinvestmentPlan $6.89M USD Annual
Dividends reinvested - stock dividend StockIssuedDuringPeriodValueDividendReinvestmentPlan $6.51M USD Annual
Dividends reinvested - stock dividend StockIssuedDuringPeriodValueDividendReinvestmentPlan $6.14M USD Annual
Dividends reinvested - stock dividend (in shares) StockIssuedDuringPeriodSharesDividendReinvestmentPlan 356,000.00 shares Annual
Dividends reinvested - stock dividend (in shares) StockIssuedDuringPeriodSharesDividendReinvestmentPlan 342,000.00 shares Annual
Dividends reinvested - stock dividend (in shares) StockIssuedDuringPeriodSharesDividendReinvestmentPlan 363,000.00 shares Annual
Issuance of shares under optional purchase plan StockIssuedDuringPeriodValueStockPurchasePlan $3.29M USD Annual
Issuance of shares under optional purchase plan StockIssuedDuringPeriodValueStockPurchasePlan $4.06M USD Annual
Issuance of shares under optional purchase plan StockIssuedDuringPeriodValueStockPurchasePlan $3.59M USD Annual
Change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $67.00K USD Annual
Change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-1.84M USD Annual
Change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $855.00K USD Annual
Contributions from consolidated real estate entity noncontrolling interests NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $450.00K USD Annual
Net Income (loss) ProfitLoss $5.84M USD 1 Quarter
Net Income (loss) ProfitLoss $6.40M USD 1 Quarter
Net Income (loss) ProfitLoss $8.28M USD 1 Quarter
Net Income (loss) ProfitLoss $24.44M USD Annual
Net Income (loss) ProfitLoss $5.72M USD 1 Quarter
Net Income (loss) ProfitLoss $5.23M USD 1 Quarter
Net Income (loss) ProfitLoss $5.27M USD 1 Quarter
Net Income (loss) ProfitLoss $4.61M USD 1 Quarter
Net Income (loss) ProfitLoss $10.09M USD 1 Quarter
Net Income (loss) ProfitLoss $16.06M USD Annual
Net Income (loss) ProfitLoss $26.98M USD Annual
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $295.52M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $283.75M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $291.53M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $279.05M USD Point-in-time
Ending balance (in shares) CommonStockSharesOutstanding 9.86M shares Point-in-time
Ending balance (in shares) CommonStockSharesOutstanding 10.34M shares Point-in-time

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

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