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10-K Filing

STERLING REAL ESTATE TRUST CIK: 1412502 FY 2022
Filing Information
Form Type 10-K
Accession Number 0001558370-23-003860
Period End Date 20221231
Filing Date 20230315
Fiscal Year 2022
Fiscal Period FY
XBRL Instance sret-20221231x10k_htm.xml
Filing Contents
Balance Sheet 63 line items
Line Item Tag Value Unit Period
Land and land improvements LandAndLandImprovements $125.34M USD Point-in-time
Land and land improvements LandAndLandImprovements $129.68M USD Point-in-time
Building and improvements InvestmentBuildingAndBuildingImprovements $834.36M USD Point-in-time
Building and improvements InvestmentBuildingAndBuildingImprovements $763.00M USD Point-in-time
Construction in progress DevelopmentInProcess $8.36M USD Point-in-time
Construction in progress DevelopmentInProcess $7.11M USD Point-in-time
Real estate investments RealEstateInvestmentPropertyAtCost $971.15M USD Point-in-time
Real estate investments RealEstateInvestmentPropertyAtCost $802.03M USD Point-in-time
Real estate investments RealEstateInvestmentPropertyAtCost $845.29M USD Point-in-time
Real estate investments RealEstateInvestmentPropertyAtCost $896.70M USD Point-in-time
Less accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $160.57M USD Point-in-time
Less accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $194.85M 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 $717.55M USD Point-in-time
Real estate investments, net RealEstateInvestmentPropertyNet $776.30M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $11.72M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $3.26M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $51.51M USD Point-in-time
Restricted deposits RestrictedCashAndCashEquivalents $9.32M USD Point-in-time
Restricted deposits RestrictedCashAndCashEquivalents $9.15M USD Point-in-time
Restricted deposits RestrictedCashAndCashEquivalents $15.92M USD Point-in-time
Investment in securities MarketableSecurities $29.37M USD Point-in-time
Investment in unconsolidated affiliates InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $18.66M USD Point-in-time
Investment in unconsolidated affiliates InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $29.42M USD Point-in-time
Notes receivable NotesReceivableGross $7.46M USD Point-in-time
Notes receivable NotesReceivableGross $8.45M USD Point-in-time
Lease intangible assets, less accumulated amortization IntangibleAssetsNetExcludingGoodwill $5.29M 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 $27.31M USD Point-in-time
Total Assets Assets $888.72M USD Point-in-time
Total Assets Assets $820.87M USD Point-in-time
Mortgage notes payable, net MortgageNotesPayableNet $493.14M USD Point-in-time
Mortgage notes payable, net MortgageNotesPayableNet $506.17M USD Point-in-time
Notes payable NotesPayableToBank $26.50M USD Point-in-time
Lines of credit LineOfCredit $1.01M USD Point-in-time
Dividends payable DividendsPayableCurrentAndNoncurrent $8.49M USD Point-in-time
Dividends payable DividendsPayableCurrentAndNoncurrent $7.57M USD Point-in-time
Tenant security deposits payable SecurityDepositLiability $6.37M USD Point-in-time
Tenant security deposits payable SecurityDepositLiability $5.22M USD Point-in-time
Lease intangible liabilities, less accumulated amortization OffMarketLeaseUnfavorable $646.00K USD Point-in-time
Lease intangible liabilities, less accumulated amortization OffMarketLeaseUnfavorable $811.00K USD Point-in-time
Accrued expenses and other liabilities AccruedLiabilitiesCurrentAndNoncurrent $18.60M USD Point-in-time
Accrued expenses and other liabilities AccruedLiabilitiesCurrentAndNoncurrent $16.07M USD Point-in-time
Total Liabilities Liabilities $565.26M USD Point-in-time
Total Liabilities Liabilities $525.35M 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 $116.86M USD Point-in-time
Beneficial interest StockholdersEquityAttributableToParentBeneficialInterest $124.00M USD Point-in-time
Operating partnership MinorityInterestInOperatingPartnerships $176.95M USD Point-in-time
Operating partnership MinorityInterestInOperatingPartnerships $183.05M USD Point-in-time
Partially owned properties MinorityInterestInPartiallyOwnedProperties $2.64M USD Point-in-time
Partially owned properties MinorityInterestInPartiallyOwnedProperties $2.66M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-950.00K USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $13.78M USD Point-in-time
Total Shareholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $295.52M USD Point-in-time
Total Shareholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $323.47M 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 $888.72M USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $820.87M USD Point-in-time
Income Statement 82 line items
Line Item Tag Value Unit Period
Real estate rental income Revenues $129.32M USD Annual
Real estate rental income Revenues $135.06M USD Annual
Real estate rental income Revenues $124.62M USD Annual
Operating expenses OperatingExpensesExcludingRealEstateTaxes $56.89M USD Annual
Operating expenses OperatingExpensesExcludingRealEstateTaxes $47.07M USD Annual
Operating expenses OperatingExpensesExcludingRealEstateTaxes $51.06M USD Annual
Real estate taxes RealEstateTaxExpense $13.71M USD Annual
Real estate taxes RealEstateTaxExpense $14.24M USD Annual
Real estate taxes RealEstateTaxExpense $12.50M USD Annual
Depreciation and amortization DepreciationAndAmortization $22.20M USD Annual
Depreciation and amortization DepreciationAndAmortization $24.68M USD Annual
Depreciation and amortization DepreciationAndAmortization $21.21M USD Annual
Interest FinancingInterestExpense $19.99M USD Annual
Interest FinancingInterestExpense $17.10M USD Annual
Interest FinancingInterestExpense $18.14M USD Annual
Total expenses from rental operations OperatingCostsAndExpenses $105.11M USD Annual
Total expenses from rental operations OperatingCostsAndExpenses $115.81M USD Annual
Total expenses from rental operations OperatingCostsAndExpenses $97.88M USD Annual
Loss on impairment of property ImpairmentOfLongLivedAssetsHeldForUse $561.00K USD Annual
Administration of REIT GeneralAndAdministrativeExpense $5.25M USD Annual
Administration of REIT GeneralAndAdministrativeExpense $4.38M USD Annual
Administration of REIT GeneralAndAdministrativeExpense $4.22M USD Annual
Total expenses CostsAndExpenses $121.62M USD Annual
Total expenses CostsAndExpenses $109.50M USD Annual
Total expenses CostsAndExpenses $102.10M USD Annual
Income from operations OperatingIncomeLoss $13.44M USD Annual
Income from operations OperatingIncomeLoss $19.83M USD Annual
Income from operations OperatingIncomeLoss $22.52M USD Annual
Equity in (losses) gains of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-261.00K USD Annual
Equity in (losses) gains of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $263.00K USD Annual
Equity in (losses) gains of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-2.34M USD Annual
Other income OtherNonoperatingIncome $455.00K USD Annual
Other income OtherNonoperatingIncome $1.29M USD Annual
Other income OtherNonoperatingIncome $1.94M USD Annual
Gain on sale or conversion of real estate investments GainLossOnSaleOfRealEstateAndNonRealEstateInvestments $3.38M USD Annual
Gain on sale or conversion of real estate investments GainLossOnSaleOfRealEstateAndNonRealEstateInvestments $1.71M USD Annual
Gain on sale or conversion of real estate investments GainLossOnSaleOfRealEstateAndNonRealEstateInvestments $11.09M USD Annual
Gain on involuntary conversion GainLossOnInvoluntaryConversions $1.05M USD Annual
Gain on involuntary conversion GainLossOnInvoluntaryConversions $360.00K USD Annual
Gain on involuntary conversion GainLossOnInvoluntaryConversions $1.23M USD Annual
Total other income NonoperatingIncomeExpenseIncludingIncomeLossFromEquityMethodInvestments $4.61M USD Annual
Total other income NonoperatingIncomeExpenseIncludingIncomeLossFromEquityMethodInvestments $11.09M USD Annual
Total other income NonoperatingIncomeExpenseIncludingIncomeLossFromEquityMethodInvestments $4.46M USD Annual
Net (loss) income ProfitLoss $24.53M USD Annual
Net (loss) income ProfitLoss $24.44M USD Annual
Net (loss) income ProfitLoss $26.98M USD Annual
Net income attributable to noncontrolling interest in operating partnership NoncontrollingInterestInNetIncomeLossOperatingPartnerships $15.63M USD Annual
Net income attributable to noncontrolling interest in operating partnership NoncontrollingInterestInNetIncomeLossOperatingPartnerships $15.78M USD Annual
Net income attributable to noncontrolling interest in operating partnership NoncontrollingInterestInNetIncomeLossOperatingPartnerships $17.64M USD Annual
Net income attributable to noncontrolling interest in partially owned properties NoncontrollingInterestInNetIncomeLossPartiallyOwnedProperties $-139.00K USD Annual
Net income attributable to noncontrolling interest in partially owned properties NoncontrollingInterestInNetIncomeLossPartiallyOwnedProperties $-70.00K USD Annual
Net income attributable to noncontrolling interest in partially owned properties NoncontrollingInterestInNetIncomeLossPartiallyOwnedProperties $-17.00K USD Annual
Net income attributable to Sterling Real Estate Trust NetIncomeLoss $9.40M USD Annual
Net income attributable to Sterling Real Estate Trust NetIncomeLoss $8.92M USD Annual
Net income attributable to Sterling Real Estate Trust NetIncomeLoss $8.79M 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 $0.84 USD Annual
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, diluted EarningsPerShareDiluted $0.84 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 $0.97 USD Annual
Net income ProfitLoss $24.53M USD Annual
Net income ProfitLoss $24.44M USD Annual
Net income ProfitLoss $26.98M USD Annual
Other comprehensive gain (loss) - change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $14.73M 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 $25.14M USD Annual
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $25.29M USD Annual
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $39.26M USD Annual
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $24.99M USD Annual
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $16.19M USD Annual
Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $16.37M USD Annual
Comprehensive income attributable to Sterling Real Estate Trust ComprehensiveIncomeNetOfTax $14.28M USD Annual
Comprehensive income attributable to Sterling Real Estate Trust ComprehensiveIncomeNetOfTax $9.10M USD Annual
Comprehensive income attributable to Sterling Real Estate Trust ComprehensiveIncomeNetOfTax $8.77M USD Annual
Weighted average Common Shares outstanding, basic WeightedAverageNumberOfSharesOutstandingBasic 10.16M shares Annual
Weighted average Common Shares outstanding, basic WeightedAverageNumberOfSharesOutstandingBasic 9.69M shares Annual
Weighted average Common Shares outstanding, basic WeightedAverageNumberOfSharesOutstandingBasic 10.63M shares Annual
Weighted average Common Shares outstanding, diluted WeightedAverageNumberOfDilutedSharesOutstanding 10.16M shares Annual
Weighted average Common Shares outstanding, diluted WeightedAverageNumberOfDilutedSharesOutstanding 10.63M shares Annual
Weighted average Common Shares outstanding, diluted WeightedAverageNumberOfDilutedSharesOutstanding 9.69M shares Annual
Cash Flow Statement 107 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $24.53M USD Annual
Net income ProfitLoss $24.44M USD Annual
Net income ProfitLoss $26.98M USD Annual
Gain on sale or conversion of real estate investments GainsLossesOnSalesOfInvestmentRealEstate $3.38M USD Annual
Gain on sale or conversion of real estate investments GainsLossesOnSalesOfInvestmentRealEstate $1.71M USD Annual
Gain on sale or conversion of real estate investments GainsLossesOnSalesOfInvestmentRealEstate $11.09M USD Annual
Loss on impairment of property ImpairmentOfLongLivedAssetsHeldForUse $561.00K USD Annual
Gain on involuntary conversion GainLossOnInvoluntaryConversions $1.05M USD Annual
Gain on involuntary conversion GainLossOnInvoluntaryConversions $360.00K USD Annual
Gain on involuntary conversion GainLossOnInvoluntaryConversions $1.23M USD Annual
Change in fair value of securities AssetsFairValueAdjustment $-322.00K USD Annual
Equity in loss (gain) of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-261.00K USD Annual
Equity in loss (gain) of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $263.00K USD Annual
Equity in loss (gain) of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-2.34M USD Annual
Distributions of earnings of unconsolidated affiliates EquityMethodInvestmentDividendsOrDistributions $233.00K USD Annual
Distributions of earnings of unconsolidated affiliates EquityMethodInvestmentDividendsOrDistributions $361.00K USD Annual
Distributions of earnings of unconsolidated affiliates EquityMethodInvestmentDividendsOrDistributions $261.00K 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 $-281.00K USD Annual
Depreciation Depreciation $22.16M USD Annual
Depreciation Depreciation $19.77M USD Annual
Depreciation Depreciation $20.92M USD Annual
Amortization AmortizationOfIntangibleAssets $2.52M USD Annual
Amortization AmortizationOfIntangibleAssets $1.28M USD Annual
Amortization AmortizationOfIntangibleAssets $1.42M USD Annual
Amortization of debt issuance costs AmortizationOfFinancingCosts $608.00K USD Annual
Amortization of debt issuance costs AmortizationOfFinancingCosts $634.00K USD Annual
Amortization of debt issuance costs AmortizationOfFinancingCosts $675.00K USD Annual
Other assets IncreaseDecreaseInOtherOperatingAssets $209.00K USD Annual
Other assets IncreaseDecreaseInOtherOperatingAssets $177.00K USD Annual
Other assets IncreaseDecreaseInOtherOperatingAssets $-807.00K USD Annual
Tenant security deposits payable IncreaseDecreaseInSecurityDeposits $328.00K USD Annual
Tenant security deposits payable IncreaseDecreaseInSecurityDeposits $349.00K USD Annual
Tenant security deposits payable IncreaseDecreaseInSecurityDeposits $1.14M USD Annual
Accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilities $-242.00K USD Annual
Accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilities $-471.00K USD Annual
Accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilities $-1.16M USD Annual
NET CASH PROVIDED BY OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivities $40.77M USD Annual
NET CASH PROVIDED BY OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivities $44.69M USD Annual
NET CASH PROVIDED BY OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivities $45.05M USD Annual
Gross purchase of securities PaymentsToAcquireMarketableSecurities $29.13M USD Annual
Proceeds from maturity of securities ProceedsFromSaleAndMaturityOfMarketableSecurities $81.00K USD Annual
Purchase of real estate investment properties PaymentsToAcquireAndDevelopRealEstate $81.97M USD Annual
Purchase of real estate investment properties PaymentsToAcquireAndDevelopRealEstate $35.91M USD Annual
Purchase of real estate investment properties PaymentsToAcquireAndDevelopRealEstate $13.38M USD Annual
Capital expenditures and tenant improvements PaymentsForLeasingCostsCommissionsAndTenantImprovements $31.14M USD Annual
Capital expenditures and tenant improvements PaymentsForLeasingCostsCommissionsAndTenantImprovements $9.62M USD Annual
Capital expenditures and tenant improvements PaymentsForLeasingCostsCommissionsAndTenantImprovements $18.01M USD Annual
Proceeds from sale of real estate investments and non-real estate investments PaymentsForProceedsFromRealEstatePartnershipInvestmentAndOtherInvestmentsNet $-25.46M 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 $1.58M USD Annual
Proceeds from involuntary conversion ProceedsFromInsuranceForInvoluntaryConversions $4.09M USD Annual
Proceeds from involuntary conversion ProceedsFromInsuranceForInvoluntaryConversions $1.29M USD Annual
Investment in unconsolidated affiliates PaymentsToAcquireEquityMethodInvestments $9.49M USD Annual
Investment in unconsolidated affiliates PaymentsToAcquireEquityMethodInvestments $2.26M USD Annual
Investment in unconsolidated affiliates PaymentsToAcquireEquityMethodInvestments $13.87M USD Annual
Distributions in excess of earnings received from unconsolidated affiliates ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $504.00K USD Annual
Distributions in excess of earnings received from unconsolidated affiliates ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $422.00K USD Annual
Notes receivable issued net of payments received PaymentsToAcquireNotesReceivable $726.00K USD Annual
Notes receivable issued net of payments received PaymentsToAcquireNotesReceivable $991.00K USD Annual
Notes receivable issued net of payments received PaymentsToAcquireNotesReceivable $5.43M USD Annual
NET CASH USED IN INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities $-33.29M USD Annual
NET CASH USED IN INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities $-107.96M USD Annual
NET CASH USED IN INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities $-59.14M USD Annual
Payments for financing, debt issuance PaymentsOfFinancingCosts $1.28M USD Annual
Payments for financing, debt issuance PaymentsOfFinancingCosts $484.00K USD Annual
Payments for financing, debt issuance PaymentsOfFinancingCosts $408.00K 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 $498.00K USD Annual
Proceeds from issuance of mortgage notes payable and subordinated debt ProceedsFromIssuanceOfLongTermDebt $116.18M USD Annual
Proceeds from issuance of mortgage notes payable and subordinated debt ProceedsFromIssuanceOfLongTermDebt $37.57M USD Annual
Proceeds from issuance of mortgage notes payable and subordinated debt ProceedsFromIssuanceOfLongTermDebt $71.17M USD Annual
Principal payments on mortgage notes payable RepaymentsOfLongTermDebt $48.55M USD Annual
Principal payments on mortgage notes payable RepaymentsOfLongTermDebt $22.23M 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 $1.01M 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 notes payable ProceedsFromNotesPayable $26.50M 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
Proceeds from issuance of shares under optional purchase plan ProceedsFromIssuanceOfSharesUnderOptionalPurchasePlan $4.06M USD Annual
Shares/units redeemed PaymentsForRepurchaseOfCommonStock $2.08M USD Annual
Shares/units redeemed PaymentsForRepurchaseOfCommonStock $3.54M USD Annual
Shares/units redeemed PaymentsForRepurchaseOfCommonStock $5.57M USD Annual
Dividends/distributions paid PaymentsOfDividendsCommonStock $22.74M USD Annual
Dividends/distributions paid PaymentsOfDividendsCommonStock $22.62M USD Annual
Dividends/distributions paid PaymentsOfDividendsCommonStock $25.31M USD Annual
NET CASH PROVIDED (USED) BY FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $47.11M USD Annual
NET CASH PROVIDED (USED) BY FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $19.11M USD Annual
NET CASH PROVIDED (USED) BY FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $-1.15M 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 $-48.08M USD Annual
NET CHANGE IN CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $10.25M 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 $12.58M 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 $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 $12.58M 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 $27.64M USD Point-in-time
Stockholders Equity 40 line items
Line Item Tag Value Unit Period
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $295.52M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $323.47M 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 10.81M shares Point-in-time
Beginning Balance (in shares) CommonStockSharesOutstanding 10.34M shares Point-in-time
Shares issued under trustee compensation plan StockIssuedDuringPeriodValueShareBasedCompensationGross $57.00K USD Annual
Shares issued under trustee compensation plan StockIssuedDuringPeriodValueShareBasedCompensationGross $64.00K USD Annual
Shares issued under trustee compensation plan StockIssuedDuringPeriodValueShareBasedCompensationGross $65.00K USD Annual
Contribution of assets in exchange for the issuance of noncontrolling interest shares NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest $12.87M USD Annual
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/units redeemed StockRepurchasedDuringPeriodValue $2.08M USD Annual
Shares/units redeemed StockRepurchasedDuringPeriodValue $5.57M USD Annual
Shares/units redeemed StockRepurchasedDuringPeriodValue $3.54M USD Annual
Dividends and distributions declared DividendsCommonStockCash $33.70M 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 $7.47M USD Annual
Dividends reinvested - stock dividend (in shares) StockIssuedDuringPeriodSharesDividendReinvestmentPlan 356,000.00 shares Annual
Dividends reinvested - stock dividend (in shares) StockIssuedDuringPeriodSharesDividendReinvestmentPlan 363,000.00 shares Annual
Dividends reinvested - stock dividend (in shares) StockIssuedDuringPeriodSharesDividendReinvestmentPlan 342,000.00 shares Annual
Issuance of shares under optional purchase plan StockIssuedDuringPeriodValueStockPurchasePlan $3.59M USD Annual
Issuance of shares under optional purchase plan StockIssuedDuringPeriodValueStockPurchasePlan $4.06M USD Annual
Issuance of shares under optional purchase plan StockIssuedDuringPeriodValueStockPurchasePlan $4.06M USD Annual
Change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $14.73M 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 ProfitLoss $24.53M USD Annual
Net income ProfitLoss $24.44M USD Annual
Net income ProfitLoss $26.98M USD Annual
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $295.52M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $323.47M 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 10.81M 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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