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10-Q Filing

STERLING REAL ESTATE TRUST CIK: 1412502 Q3 2023
Filing Information
Form Type 10-Q
Accession Number 0001558370-23-018793
Period End Date 20230930
Filing Date 20231113
Fiscal Year 2023
Fiscal Period Q3
XBRL Instance sret-20230930x10q_htm.xml
Filing Contents
Balance Sheet 65 line items
Line Item Tag Value Unit Period
Land and land improvements LandAndLandImprovements $128.04M 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 $836.86M USD Point-in-time
Construction in progress DevelopmentInProcess $9.69M 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 $974.58M USD Point-in-time
Less accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $194.85M USD Point-in-time
Less accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $211.21M USD Point-in-time
Real estate investments, net RealEstateInvestmentPropertyNet $763.37M USD Point-in-time
Real estate investments, net RealEstateInvestmentPropertyNet $776.30M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $20.46M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $3.26M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $17.90M USD Point-in-time
Restricted deposits RestrictedCashAndCashEquivalents $9.29M USD Point-in-time
Restricted deposits RestrictedCashAndCashEquivalents $9.27M USD Point-in-time
Restricted deposits RestrictedCashAndCashEquivalents $9.32M USD Point-in-time
Investment in securities MarketableSecurities $5.32M USD Point-in-time
Investment in securities MarketableSecurities $29.37M USD Point-in-time
Investment in unconsolidated affiliates InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $27.31M USD Point-in-time
Investment in unconsolidated affiliates InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $29.42M USD Point-in-time
Notes receivable NotesReceivableGross $9.23M 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 $3.14M USD Point-in-time
Other assets, net OtherAssetsNetAmount $27.31M USD Point-in-time
Other assets, net OtherAssetsNetAmount $29.90M USD Point-in-time
Total Assets Assets $865.47M USD Point-in-time
Total Assets Assets $888.72M USD Point-in-time
Mortgage notes payable, net MortgageNotesPayableNet $506.17M USD Point-in-time
Mortgage notes payable, net MortgageNotesPayableNet $520.19M USD Point-in-time
Notes payable NotesPayableToBank $26.50M USD Point-in-time
Lines of credit LineOfCredit - 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 $8.55M USD Point-in-time
Tenant security deposits payable SecurityDepositLiability $7.07M USD Point-in-time
Tenant security deposits payable SecurityDepositLiability $6.37M USD Point-in-time
Lease intangible liabilities, less accumulated amortization OffMarketLeaseUnfavorable $646.00K USD Point-in-time
Lease intangible liabilities, less accumulated amortization OffMarketLeaseUnfavorable $507.00K USD Point-in-time
Accrued expenses and other liabilities AccruedLiabilitiesCurrentAndNoncurrent $16.07M USD Point-in-time
Accrued expenses and other liabilities AccruedLiabilitiesCurrentAndNoncurrent $17.23M USD Point-in-time
Total Liabilities Liabilities $553.56M USD Point-in-time
Total Liabilities Liabilities $565.26M 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 $124.93M USD Point-in-time
Beneficial interest StockholdersEquityAttributableToParentBeneficialInterest $124.00M USD Point-in-time
Operating partnership MinorityInterestInOperatingPartnerships $183.05M USD Point-in-time
Operating partnership MinorityInterestInOperatingPartnerships $168.63M USD Point-in-time
Partially owned properties MinorityInterestInPartiallyOwnedProperties $2.64M USD Point-in-time
Partially owned properties MinorityInterestInPartiallyOwnedProperties $2.58M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $15.77M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $13.78M USD Point-in-time
Total Shareholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $309.54M USD Point-in-time
Total Shareholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $325.58M USD Point-in-time
Total Shareholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $314.22M USD Point-in-time
Total Shareholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $312.35M USD Point-in-time
Total Shareholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $323.47M USD Point-in-time
Total Shareholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $314.04M USD Point-in-time
Total Shareholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $311.91M USD Point-in-time
Total Shareholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $295.52M USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $865.47M USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $888.72M USD Point-in-time
Income Statement 118 line items
Line Item Tag Value Unit Period
Real estate rental income Revenues $36.20M USD 1 Quarter
Real estate rental income Revenues $34.53M USD 1 Quarter
Real estate rental income Revenues $106.93M USD 3 Qtrs
Real estate rental income Revenues $101.26M USD 3 Qtrs
Operating expenses OperatingExpensesExcludingRealEstateTaxes $50.71M USD 3 Qtrs
Operating expenses OperatingExpensesExcludingRealEstateTaxes $42.21M USD 3 Qtrs
Operating expenses OperatingExpensesExcludingRealEstateTaxes $16.24M USD 1 Quarter
Operating expenses OperatingExpensesExcludingRealEstateTaxes $14.36M USD 1 Quarter
Real estate taxes RealEstateTaxExpense $10.70M USD 3 Qtrs
Real estate taxes RealEstateTaxExpense $3.79M USD 1 Quarter
Real estate taxes RealEstateTaxExpense $11.39M USD 3 Qtrs
Real estate taxes RealEstateTaxExpense $3.56M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $17.86M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $19.03M USD 3 Qtrs
Depreciation and amortization DepreciationAndAmortization $5.99M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $6.12M USD 1 Quarter
Interest FinancingInterestExpense $5.08M USD 1 Quarter
Interest FinancingInterestExpense $16.06M USD 3 Qtrs
Interest FinancingInterestExpense $14.88M USD 3 Qtrs
Interest FinancingInterestExpense $5.38M USD 1 Quarter
Total expenses from rental operations OperatingCostsAndExpenses $29.13M USD 1 Quarter
Total expenses from rental operations OperatingCostsAndExpenses $85.66M USD 3 Qtrs
Total expenses from rental operations OperatingCostsAndExpenses $97.20M USD 3 Qtrs
Total expenses from rental operations OperatingCostsAndExpenses $31.40M USD 1 Quarter
Administration of REIT GeneralAndAdministrativeExpense $1.23M USD 1 Quarter
Administration of REIT GeneralAndAdministrativeExpense $3.68M USD 3 Qtrs
Administration of REIT GeneralAndAdministrativeExpense $1.47M USD 1 Quarter
Administration of REIT GeneralAndAdministrativeExpense $4.09M USD 3 Qtrs
Total expenses CostsAndExpenses $89.74M USD 3 Qtrs
Total expenses CostsAndExpenses $32.62M USD 1 Quarter
Total expenses CostsAndExpenses $30.60M USD 1 Quarter
Total expenses CostsAndExpenses $100.88M USD 3 Qtrs
Income from operations OperatingIncomeLoss $3.58M USD 1 Quarter
Income from operations OperatingIncomeLoss $6.05M USD 3 Qtrs
Income from operations OperatingIncomeLoss $3.93M USD 1 Quarter
Income from operations OperatingIncomeLoss $11.52M USD 3 Qtrs
Equity in (losses) of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-499.00K USD 1 Quarter
Equity in (losses) of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-666.00K USD 1 Quarter
Equity in (losses) of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-2.54M USD 3 Qtrs
Equity in (losses) of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-1.92M USD 3 Qtrs
Other income OtherNonoperatingIncome $271.00K USD 1 Quarter
Other income OtherNonoperatingIncome $506.00K USD 1 Quarter
Other income OtherNonoperatingIncome $714.00K USD 3 Qtrs
Other income OtherNonoperatingIncome $1.25M USD 3 Qtrs
Gain on sale or conversion of real estate investments GainLossOnSaleOfRealEstateAndNonRealEstateInvestments $9.90M USD 3 Qtrs
Gain on sale or conversion of real estate investments GainLossOnSaleOfRealEstateAndNonRealEstateInvestments $2.60M USD 3 Qtrs
Gain on sale or conversion of real estate investments GainLossOnSaleOfRealEstateAndNonRealEstateInvestments $6.56M USD 1 Quarter
Gain on involuntary conversion GainLossOnInvoluntaryConversions $56.00K USD 1 Quarter
Gain on involuntary conversion GainLossOnInvoluntaryConversions $89.00K USD 3 Qtrs
Gain on involuntary conversion GainLossOnInvoluntaryConversions $603.00K USD 3 Qtrs
Total other income NonoperatingIncomeExpenseIncludingIncomeLossFromEquityMethodInvestments $1.40M USD 3 Qtrs
Total other income NonoperatingIncomeExpenseIncludingIncomeLossFromEquityMethodInvestments $6.38M USD 1 Quarter
Total other income NonoperatingIncomeExpenseIncludingIncomeLossFromEquityMethodInvestments $9.29M USD 3 Qtrs
Total other income NonoperatingIncomeExpenseIncludingIncomeLossFromEquityMethodInvestments $-160.00K USD 1 Quarter
Net income ProfitLoss $3.42M USD 1 Quarter
Net income ProfitLoss $4.73M USD 1 Quarter
Net income ProfitLoss $-688.00K USD 1 Quarter
Net income ProfitLoss $20.81M USD 3 Qtrs
Net income ProfitLoss $7.11M USD 1 Quarter
Net income ProfitLoss $7.46M USD 3 Qtrs
Net income ProfitLoss $3.39M USD 1 Quarter
Net income ProfitLoss $10.32M USD 1 Quarter
Operating partnership NoncontrollingInterestInNetIncomeLossOperatingPartnerships $6.60M USD 1 Quarter
Operating partnership NoncontrollingInterestInNetIncomeLossOperatingPartnerships $2.12M USD 1 Quarter
Operating partnership NoncontrollingInterestInNetIncomeLossOperatingPartnerships $13.28M USD 3 Qtrs
Operating partnership NoncontrollingInterestInNetIncomeLossOperatingPartnerships $4.72M USD 3 Qtrs
Partially owned properties NoncontrollingInterestInNetIncomeLossPartiallyOwnedProperties $-53.00K USD 1 Quarter
Partially owned properties NoncontrollingInterestInNetIncomeLossPartiallyOwnedProperties $30.00K USD 1 Quarter
Partially owned properties NoncontrollingInterestInNetIncomeLossPartiallyOwnedProperties $-59.00K USD 3 Qtrs
Partially owned properties NoncontrollingInterestInNetIncomeLossPartiallyOwnedProperties $-15.00K USD 3 Qtrs
Net income attributable to Sterling Real Estate Trust NetIncomeLoss $2.80M USD 3 Qtrs
Net income attributable to Sterling Real Estate Trust NetIncomeLoss $7.55M USD 3 Qtrs
Net income attributable to Sterling Real Estate Trust NetIncomeLoss $1.27M USD 1 Quarter
Net income attributable to Sterling Real Estate Trust NetIncomeLoss $3.77M USD 1 Quarter
Net income attributable to Sterling Real Estate Trust per common share, basic EarningsPerShareBasic $0.25 USD 3 Qtrs
Net income attributable to Sterling Real Estate Trust per common share, basic EarningsPerShareBasic $0.11 USD 1 Quarter
Net income attributable to Sterling Real Estate Trust per common share, basic EarningsPerShareBasic $0.71 USD 3 Qtrs
Net income attributable to Sterling Real Estate Trust per common share, basic EarningsPerShareBasic $0.35 USD 1 Quarter
Net income attributable to Sterling Real Estate Trust per common share, diluted EarningsPerShareDiluted $0.49 USD 1 Quarter
Net income attributable to Sterling Real Estate Trust per common share, diluted EarningsPerShareDiluted $0.35 USD 1 Quarter
Net income attributable to Sterling Real Estate Trust per common share, diluted EarningsPerShareDiluted $0.71 USD 3 Qtrs
Net income attributable to Sterling Real Estate Trust per common share, diluted EarningsPerShareDiluted $1.03 USD 3 Qtrs
Net income ProfitLoss $3.42M USD 1 Quarter
Net income ProfitLoss $4.73M USD 1 Quarter
Net income ProfitLoss $-688.00K USD 1 Quarter
Net income ProfitLoss $20.81M USD 3 Qtrs
Net income ProfitLoss $7.11M USD 1 Quarter
Net income ProfitLoss $7.46M USD 3 Qtrs
Net income ProfitLoss $3.39M USD 1 Quarter
Net income ProfitLoss $10.32M USD 1 Quarter
Other comprehensive gain - change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $1.98M USD 3 Qtrs
Other comprehensive gain - change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-2.38M USD 1 Quarter
Other comprehensive gain - change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $4.97M USD 1 Quarter
Other comprehensive gain - change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $3.81M USD 1 Quarter
Other comprehensive gain - change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $15.31M USD 3 Qtrs
Other comprehensive gain - change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $2.34M USD 1 Quarter
Other comprehensive gain - change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $6.52M USD 1 Quarter
Other comprehensive gain - change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $2.02M USD 1 Quarter
Comprehensive income: ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $36.12M USD 3 Qtrs
Comprehensive income: ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $9.44M USD 3 Qtrs
Comprehensive income: ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $5.75M USD 1 Quarter
Comprehensive income: ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $15.28M USD 1 Quarter
Comprehensive income (loss) attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $5.90M USD 3 Qtrs
Comprehensive income (loss) attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $23.02M USD 3 Qtrs
Comprehensive income (loss) attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $9.71M USD 1 Quarter
Comprehensive income (loss) attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $3.61M USD 1 Quarter
Comprehensive income attributable to Sterling Real Estate Trust ComprehensiveIncomeNetOfTax $2.14M USD 1 Quarter
Comprehensive income attributable to Sterling Real Estate Trust ComprehensiveIncomeNetOfTax $5.58M USD 1 Quarter
Comprehensive income attributable to Sterling Real Estate Trust ComprehensiveIncomeNetOfTax $13.10M USD 3 Qtrs
Comprehensive income attributable to Sterling Real Estate Trust ComprehensiveIncomeNetOfTax $3.54M USD 3 Qtrs
Weighted average Common Shares outstanding, basic WeightedAverageNumberOfSharesOutstandingBasic 11.16M shares 1 Quarter
Weighted average Common Shares outstanding, basic WeightedAverageNumberOfSharesOutstandingBasic 11.05M shares 3 Qtrs
Weighted average Common Shares outstanding, basic WeightedAverageNumberOfSharesOutstandingBasic 10.69M shares 1 Quarter
Weighted average Common Shares outstanding, basic WeightedAverageNumberOfSharesOutstandingBasic 10.57M shares 3 Qtrs
Weighted average Common Shares outstanding, diluted WeightedAverageNumberOfDilutedSharesOutstanding 11.16M shares 1 Quarter
Weighted average Common Shares outstanding, diluted WeightedAverageNumberOfDilutedSharesOutstanding 10.57M shares 3 Qtrs
Weighted average Common Shares outstanding, diluted WeightedAverageNumberOfDilutedSharesOutstanding 11.05M shares 3 Qtrs
Weighted average Common Shares outstanding, diluted WeightedAverageNumberOfDilutedSharesOutstanding 10.69M shares 1 Quarter
Cash Flow Statement 80 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $3.42M USD 1 Quarter
Net income ProfitLoss $4.73M USD 1 Quarter
Net income ProfitLoss $-688.00K USD 1 Quarter
Net income ProfitLoss $20.81M USD 3 Qtrs
Net income ProfitLoss $7.11M USD 1 Quarter
Net income ProfitLoss $7.46M USD 3 Qtrs
Net income ProfitLoss $3.39M USD 1 Quarter
Net income ProfitLoss $10.32M USD 1 Quarter
Gain on sale of real estate investments GainsLossesOnSalesOfInvestmentRealEstate $2.60M USD 3 Qtrs
Gain on sale of real estate investments GainsLossesOnSalesOfInvestmentRealEstate $9.90M USD 3 Qtrs
Gain on involuntary conversion GainLossOnInvoluntaryConversions $56.00K USD 1 Quarter
Gain on involuntary conversion GainLossOnInvoluntaryConversions $89.00K USD 3 Qtrs
Gain on involuntary conversion GainLossOnInvoluntaryConversions $603.00K USD 3 Qtrs
Change in fair value of securities UnrealizedGainLossOnInvestments $321.00K USD 3 Qtrs
Change in fair value of securities UnrealizedGainLossOnInvestments $62.00K USD 3 Qtrs
Equity in loss of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-499.00K USD 1 Quarter
Equity in loss of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-666.00K USD 1 Quarter
Equity in loss of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-2.54M USD 3 Qtrs
Equity in loss of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-1.92M USD 3 Qtrs
Distributions of earnings of unconsolidated affiliates EquityMethodInvestmentDividendsOrDistributions $219.00K USD 3 Qtrs
Allowance for uncollectible accounts receivable ProvisionForDoubtfulAccounts $-164.00K USD 3 Qtrs
Allowance for uncollectible accounts receivable ProvisionForDoubtfulAccounts $-453.00K USD 3 Qtrs
Depreciation Depreciation $16.45M USD 3 Qtrs
Depreciation Depreciation $17.48M USD 3 Qtrs
Amortization AmortizationOfIntangibleAssets $1.54M USD 3 Qtrs
Amortization AmortizationOfIntangibleAssets $1.42M USD 3 Qtrs
Amortization of debt issuance costs AmortizationOfFinancingCosts $506.00K USD 3 Qtrs
Amortization of debt issuance costs AmortizationOfFinancingCosts $445.00K USD 3 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $326.00K USD 3 Qtrs
Other assets IncreaseDecreaseInOtherOperatingAssets $1.43M USD 3 Qtrs
Tenant security deposits payable IncreaseDecreaseInSecurityDeposits $1.08M USD 3 Qtrs
Tenant security deposits payable IncreaseDecreaseInSecurityDeposits $705.00K USD 3 Qtrs
Accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilities $-485.00K USD 3 Qtrs
Accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilities $-1.50M USD 3 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivities $28.76M USD 3 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivities $25.90M USD 3 Qtrs
Gross purchase of securities PaymentsToAcquireMarketableSecurities $42.00M USD 3 Qtrs
Proceeds from maturity of securities ProceedsFromSaleAndMaturityOfMarketableSecurities $24.37M USD 3 Qtrs
Purchase of real estate investment properties PaymentsToAcquireAndDevelopRealEstate $26.36M USD 3 Qtrs
Capital expenditures and tenant improvements PaymentsForLeasingCostsCommissionsAndTenantImprovements $8.25M USD 3 Qtrs
Capital expenditures and tenant improvements PaymentsForLeasingCostsCommissionsAndTenantImprovements $7.46M USD 3 Qtrs
Proceeds from sale of real estate investments and non-real estate investments PaymentsForProceedsFromRealEstatePartnershipInvestmentAndOtherInvestmentsNet $-5.08M USD 3 Qtrs
Proceeds from sale of real estate investments and non-real estate investments PaymentsForProceedsFromRealEstatePartnershipInvestmentAndOtherInvestmentsNet $-22.44M USD 3 Qtrs
Proceeds from involuntary conversion ProceedsFromInsuranceForInvoluntaryConversions $111.00K USD 3 Qtrs
Proceeds from involuntary conversion ProceedsFromInsuranceForInvoluntaryConversions $1.05M USD 3 Qtrs
Investment in unconsolidated affiliates PaymentsToAcquireEquityMethodInvestments $10.07M USD 3 Qtrs
Investment in unconsolidated affiliates PaymentsToAcquireEquityMethodInvestments $2.55M USD 3 Qtrs
Distributions in excess of earnings received from unconsolidated affiliates ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $408.00K USD 3 Qtrs
Distributions in excess of earnings received from unconsolidated affiliates ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $2.12M USD 3 Qtrs
Notes receivable issued net of payments received PaymentsToAcquireNotesReceivableNet $292.00K USD 3 Qtrs
Notes receivable issued net of payments received PaymentsToAcquireNotesReceivableNet $781.00K USD 3 Qtrs
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities $20.89M USD 3 Qtrs
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities $-63.08M USD 3 Qtrs
Payments for financing, debt issuance PaymentsOfFinancingCosts $305.00K USD 3 Qtrs
Payments for financing, debt issuance PaymentsOfFinancingCosts $186.00K USD 3 Qtrs
Principal payments on special assessments payable PrincipalPaymentsOnSpecialAssessmentsPayable $59.00K USD 3 Qtrs
Proceeds from issuance of mortgage notes payable ProceedsFromIssuanceOfLongTermDebt $37.57M USD 3 Qtrs
Proceeds from issuance of mortgage notes payable ProceedsFromIssuanceOfLongTermDebt $41.25M USD 3 Qtrs
Principal payments on mortgage notes payable RepaymentsOfLongTermDebt $16.24M USD 3 Qtrs
Principal payments on mortgage notes payable RepaymentsOfLongTermDebt $24.67M USD 3 Qtrs
Payments on lines of credit RepaymentsOfLinesOfCredit $1.01M USD 3 Qtrs
Payment on notes payable RepaymentsOfNotesPayable $26.50M USD 3 Qtrs
Proceeds from issuance of shares under optional purchase plan ProceedsFromIssuanceOfSharesUnderOptionalPurchasePlan $3.06M USD 3 Qtrs
Proceeds from issuance of shares under optional purchase plan ProceedsFromIssuanceOfSharesUnderOptionalPurchasePlan $3.13M USD 3 Qtrs
Shares/units redeemed PaymentsForRepurchaseOfCommonStock $4.46M USD 3 Qtrs
Shares/units redeemed PaymentsForRepurchaseOfCommonStock $1.86M USD 3 Qtrs
Dividends/distributions paid PaymentsOfDividendsCommonStock $18.82M USD 3 Qtrs
Dividends/distributions paid PaymentsOfDividendsCommonStock $19.69M USD 3 Qtrs
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $3.40M USD 3 Qtrs
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $-32.18M USD 3 Qtrs
NET CHANGE IN CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-30.93M USD 3 Qtrs
NET CHANGE IN CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $14.61M USD 3 Qtrs
CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT BEGINNING OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $27.19M 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 $29.73M 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 END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $27.19M 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 $29.73M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $12.58M USD Point-in-time
Stockholders Equity 60 line items
Line Item Tag Value Unit Period
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $309.54M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $325.58M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $314.22M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $312.35M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $323.47M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $314.04M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $311.91M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $295.52M USD Point-in-time
Shares issued under trustee compensation plan StockIssuedDuringPeriodValueShareBasedCompensationGross $65.00K USD 1 Quarter
Shares issued under trustee compensation plan StockIssuedDuringPeriodValueShareBasedCompensationGross $72.00K USD 1 Quarter
Contribution of assets in exchange for the issuance of noncontrolling interest shares NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest $2.21M USD 1 Quarter
Contribution of assets in exchange for the issuance of noncontrolling interest shares NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest $10.18M USD 1 Quarter
Shares/units redeemed StockRepurchasedDuringPeriodValue $603.00K USD 1 Quarter
Shares/units redeemed StockRepurchasedDuringPeriodValue $497.00K USD 1 Quarter
Shares/units redeemed StockRepurchasedDuringPeriodValue $736.00K USD 1 Quarter
Shares/units redeemed StockRepurchasedDuringPeriodValue $1.10M USD 1 Quarter
Shares/units redeemed StockRepurchasedDuringPeriodValue $524.00K USD 1 Quarter
Shares/units redeemed StockRepurchasedDuringPeriodValue $2.86M USD 1 Quarter
Dividends and distributions declared DividendsCommonStockCash $8.37M USD 1 Quarter
Dividends and distributions declared DividendsCommonStockCash $8.45M USD 1 Quarter
Dividends and distributions declared DividendsCommonStockCash $8.52M USD 1 Quarter
Dividends and distributions declared DividendsCommonStockCash $8.52M USD 1 Quarter
Dividends and distributions declared DividendsCommonStockCash $8.55M USD 1 Quarter
Dividends and distributions declared DividendsCommonStockCash $8.39M USD 1 Quarter
Dividends reinvested - stock dividend StockIssuedDuringPeriodValueDividendReinvestmentPlan $1.96M USD 1 Quarter
Dividends reinvested - stock dividend StockIssuedDuringPeriodValueDividendReinvestmentPlan $1.89M USD 1 Quarter
Dividends reinvested - stock dividend StockIssuedDuringPeriodValueDividendReinvestmentPlan $1.88M USD 1 Quarter
Dividends reinvested - stock dividend StockIssuedDuringPeriodValueDividendReinvestmentPlan $2.00M USD 1 Quarter
Dividends reinvested - stock dividend StockIssuedDuringPeriodValueDividendReinvestmentPlan $1.91M USD 1 Quarter
Dividends reinvested - stock dividend StockIssuedDuringPeriodValueDividendReinvestmentPlan $1.72M USD 1 Quarter
Issuance of shares under optional purchase plan StockIssuedDuringPeriodValueStockPurchasePlan $1.29M USD 1 Quarter
Issuance of shares under optional purchase plan StockIssuedDuringPeriodValueStockPurchasePlan $892.00K USD 1 Quarter
Issuance of shares under optional purchase plan StockIssuedDuringPeriodValueStockPurchasePlan $939.00K USD 1 Quarter
Issuance of shares under optional purchase plan StockIssuedDuringPeriodValueStockPurchasePlan $806.00K USD 1 Quarter
Issuance of shares under optional purchase plan StockIssuedDuringPeriodValueStockPurchasePlan $951.00K 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 $1.98M USD 3 Qtrs
Change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-2.38M USD 1 Quarter
Change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $4.97M USD 1 Quarter
Change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $3.81M USD 1 Quarter
Change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $15.31M USD 3 Qtrs
Change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $2.34M USD 1 Quarter
Change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $6.52M USD 1 Quarter
Change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $2.02M USD 1 Quarter
Net income (loss) ProfitLoss $3.42M USD 1 Quarter
Net income (loss) ProfitLoss $4.73M USD 1 Quarter
Net income (loss) ProfitLoss $-688.00K USD 1 Quarter
Net income (loss) ProfitLoss $20.81M USD 3 Qtrs
Net income (loss) ProfitLoss $7.11M USD 1 Quarter
Net income (loss) ProfitLoss $7.46M USD 3 Qtrs
Net income (loss) ProfitLoss $3.39M USD 1 Quarter
Net income (loss) ProfitLoss $10.32M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $309.54M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $325.58M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $314.22M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $312.35M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $323.47M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $314.04M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $311.91M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $295.52M USD Point-in-time

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

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