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10-Q Filing

STERLING REAL ESTATE TRUST CIK: 1412502 Q1 2024
Filing Information
Form Type 10-Q
Accession Number 0001558370-24-007256
Period End Date 20240331
Filing Date 20240508
Fiscal Year 2024
Fiscal Period Q1
XBRL Instance sret-20240331x10q_htm.xml
Filing Contents
Balance Sheet 120 line items
Line Item Tag Value Unit Period
Land and land improvements LandAndLandImprovements $127.20M USD Point-in-time
Land and land improvements LandAndLandImprovements $127.20M USD Point-in-time
Land and land improvements LandAndLandImprovements $128.01M USD Point-in-time
Land and land improvements LandAndLandImprovements $128.01M USD Point-in-time
Building and improvements InvestmentBuildingAndBuildingImprovements $835.55M USD Point-in-time
Building and improvements InvestmentBuildingAndBuildingImprovements $835.55M USD Point-in-time
Building and improvements InvestmentBuildingAndBuildingImprovements $837.78M USD Point-in-time
Building and improvements InvestmentBuildingAndBuildingImprovements $837.78M USD Point-in-time
Construction in progress DevelopmentInProcess $8.05M USD Point-in-time
Construction in progress DevelopmentInProcess $8.05M USD Point-in-time
Construction in progress DevelopmentInProcess $9.39M USD Point-in-time
Construction in progress DevelopmentInProcess $9.39M USD Point-in-time
Real estate investments RealEstateInvestmentPropertyAtCost $970.80M USD Point-in-time
Real estate investments RealEstateInvestmentPropertyAtCost $970.80M USD Point-in-time
Real estate investments RealEstateInvestmentPropertyAtCost $975.18M USD Point-in-time
Real estate investments RealEstateInvestmentPropertyAtCost $975.18M USD Point-in-time
Less accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $219.79M USD Point-in-time
Less accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $219.79M USD Point-in-time
Less accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $214.58M USD Point-in-time
Less accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $214.58M USD Point-in-time
Real estate investments, net RealEstateInvestmentPropertyNet $756.22M USD Point-in-time
Real estate investments, net RealEstateInvestmentPropertyNet $756.22M USD Point-in-time
Real estate investments, net RealEstateInvestmentPropertyNet $755.38M USD Point-in-time
Real estate investments, net RealEstateInvestmentPropertyNet $755.38M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $26.92M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $26.92M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $19.06M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $19.06M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $12.06M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $12.06M USD Point-in-time
Restricted deposits RestrictedCashAndCashEquivalents $10.14M USD Point-in-time
Restricted deposits RestrictedCashAndCashEquivalents $10.14M USD Point-in-time
Restricted deposits RestrictedCashAndCashEquivalents $10.96M USD Point-in-time
Restricted deposits RestrictedCashAndCashEquivalents $10.96M USD Point-in-time
Restricted deposits RestrictedCashAndCashEquivalents $9.24M USD Point-in-time
Restricted deposits RestrictedCashAndCashEquivalents $9.24M USD Point-in-time
Investment in unconsolidated affiliates InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $26.60M USD Point-in-time
Investment in unconsolidated affiliates InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $26.60M USD Point-in-time
Investment in unconsolidated affiliates InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $25.21M USD Point-in-time
Investment in unconsolidated affiliates InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures $25.21M USD Point-in-time
Notes receivable NotesReceivableGross $8.88M USD Point-in-time
Notes receivable NotesReceivableGross $8.88M USD Point-in-time
Notes receivable NotesReceivableGross $8.08M USD Point-in-time
Notes receivable NotesReceivableGross $8.08M USD Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperation $593.00K USD Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperation $593.00K USD Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperation $1.57M USD Point-in-time
Assets held for sale AssetsOfDisposalGroupIncludingDiscontinuedOperation $1.57M USD Point-in-time
Lease intangible assets, less accumulated amortization IntangibleAssetsNetExcludingGoodwill $2.98M USD Point-in-time
Lease intangible assets, less accumulated amortization IntangibleAssetsNetExcludingGoodwill $2.98M USD Point-in-time
Lease intangible assets, less accumulated amortization IntangibleAssetsNetExcludingGoodwill $2.82M USD Point-in-time
Lease intangible assets, less accumulated amortization IntangibleAssetsNetExcludingGoodwill $2.82M USD Point-in-time
Other assets, net OtherAssetsNetAmount $22.04M USD Point-in-time
Other assets, net OtherAssetsNetAmount $22.04M USD Point-in-time
Other assets, net OtherAssetsNetAmount $21.52M USD Point-in-time
Other assets, net OtherAssetsNetAmount $21.52M USD Point-in-time
Total Assets Assets $844.14M USD Point-in-time
Total Assets Assets $844.14M USD Point-in-time
Total Assets Assets $854.83M USD Point-in-time
Total Assets Assets $854.83M USD Point-in-time
Mortgage notes payable, net MortgageNotesPayableNet $513.08M USD Point-in-time
Mortgage notes payable, net MortgageNotesPayableNet $513.08M USD Point-in-time
Mortgage notes payable, net MortgageNotesPayableNet $518.12M USD Point-in-time
Mortgage notes payable, net MortgageNotesPayableNet $518.12M USD Point-in-time
Dividends payable DividendsPayableCurrentAndNoncurrent $8.58M USD Point-in-time
Dividends payable DividendsPayableCurrentAndNoncurrent $8.58M USD Point-in-time
Dividends payable DividendsPayableCurrentAndNoncurrent $8.60M USD Point-in-time
Dividends payable DividendsPayableCurrentAndNoncurrent $8.60M USD Point-in-time
Tenant security deposits payable SecurityDepositLiability $7.10M USD Point-in-time
Tenant security deposits payable SecurityDepositLiability $7.10M USD Point-in-time
Tenant security deposits payable SecurityDepositLiability $7.41M USD Point-in-time
Tenant security deposits payable SecurityDepositLiability $7.41M USD Point-in-time
Lease intangible liabilities, less accumulated amortization OffMarketLeaseUnfavorable $470.00K USD Point-in-time
Lease intangible liabilities, less accumulated amortization OffMarketLeaseUnfavorable $470.00K USD Point-in-time
Lease intangible liabilities, less accumulated amortization OffMarketLeaseUnfavorable $434.00K USD Point-in-time
Lease intangible liabilities, less accumulated amortization OffMarketLeaseUnfavorable $434.00K USD Point-in-time
Liabilities related to assets held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation $290.00K USD Point-in-time
Liabilities related to assets held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation $290.00K USD Point-in-time
Liabilities related to assets held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation $2.00K USD Point-in-time
Liabilities related to assets held for sale LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation $2.00K USD Point-in-time
Accrued expenses and other liabilities AccruedLiabilitiesCurrentAndNoncurrent $19.24M USD Point-in-time
Accrued expenses and other liabilities AccruedLiabilitiesCurrentAndNoncurrent $19.24M USD Point-in-time
Accrued expenses and other liabilities AccruedLiabilitiesCurrentAndNoncurrent $14.22M USD Point-in-time
Accrued expenses and other liabilities AccruedLiabilitiesCurrentAndNoncurrent $14.22M USD Point-in-time
Total Liabilities Liabilities $553.51M USD Point-in-time
Total Liabilities Liabilities $553.51M USD Point-in-time
Total Liabilities Liabilities $544.03M USD Point-in-time
Total Liabilities Liabilities $544.03M USD Point-in-time
COMMITMENTS and CONTINGENCIES - Note 13 CommitmentsAndContingencies - USD Point-in-time
COMMITMENTS and CONTINGENCIES - Note 13 CommitmentsAndContingencies - 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 $124.09M USD Point-in-time
Beneficial interest StockholdersEquityAttributableToParentBeneficialInterest $124.09M USD Point-in-time
Beneficial interest StockholdersEquityAttributableToParentBeneficialInterest $124.21M USD Point-in-time
Beneficial interest StockholdersEquityAttributableToParentBeneficialInterest $124.21M USD Point-in-time
Operating partnership MinorityInterestInOperatingPartnerships $163.31M USD Point-in-time
Operating partnership MinorityInterestInOperatingPartnerships $163.31M USD Point-in-time
Operating partnership MinorityInterestInOperatingPartnerships $160.41M USD Point-in-time
Operating partnership MinorityInterestInOperatingPartnerships $160.41M USD Point-in-time
Partially owned properties MinorityInterestInPartiallyOwnedProperties $2.56M USD Point-in-time
Partially owned properties MinorityInterestInPartiallyOwnedProperties $2.56M USD Point-in-time
Partially owned properties MinorityInterestInPartiallyOwnedProperties $2.61M USD Point-in-time
Partially owned properties MinorityInterestInPartiallyOwnedProperties $2.61M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $11.36M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $11.36M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $12.88M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $12.88M USD Point-in-time
Total Shareholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $314.04M USD Point-in-time
Total Shareholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $314.04M USD Point-in-time
Total Shareholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $301.32M USD Point-in-time
Total Shareholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $301.32M USD Point-in-time
Total Shareholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $323.47M USD Point-in-time
Total Shareholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $323.47M USD Point-in-time
Total Shareholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $300.11M USD Point-in-time
Total Shareholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $300.11M USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $844.14M USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $844.14M USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $854.83M USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $854.83M USD Point-in-time
Income Statement 102 line items
Line Item Tag Value Unit Period
Real estate rental income Revenues $35.18M USD 1 Quarter
Real estate rental income Revenues $35.18M USD 1 Quarter
Real estate rental income Revenues $37.26M USD 1 Quarter
Real estate rental income Revenues $37.26M USD 1 Quarter
Operating expenses OperatingExpensesExcludingRealEstateTaxes $18.12M USD 1 Quarter
Operating expenses OperatingExpensesExcludingRealEstateTaxes $18.12M USD 1 Quarter
Operating expenses OperatingExpensesExcludingRealEstateTaxes $16.32M USD 1 Quarter
Operating expenses OperatingExpensesExcludingRealEstateTaxes $16.32M USD 1 Quarter
Real estate taxes RealEstateTaxExpense $4.16M USD 1 Quarter
Real estate taxes RealEstateTaxExpense $4.16M USD 1 Quarter
Real estate taxes RealEstateTaxExpense $3.80M USD 1 Quarter
Real estate taxes RealEstateTaxExpense $3.80M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $6.55M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $6.55M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $5.91M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $5.91M USD 1 Quarter
Interest FinancingInterestExpense $5.36M USD 1 Quarter
Interest FinancingInterestExpense $5.36M USD 1 Quarter
Interest FinancingInterestExpense $5.36M USD 1 Quarter
Interest FinancingInterestExpense $5.36M USD 1 Quarter
Total expenses from rental operations OperatingCostsAndExpenses $31.75M USD 1 Quarter
Total expenses from rental operations OperatingCostsAndExpenses $31.75M USD 1 Quarter
Total expenses from rental operations OperatingCostsAndExpenses $33.83M USD 1 Quarter
Total expenses from rental operations OperatingCostsAndExpenses $33.83M USD 1 Quarter
Administration of REIT GeneralAndAdministrativeExpense $1.34M USD 1 Quarter
Administration of REIT GeneralAndAdministrativeExpense $1.34M USD 1 Quarter
Administration of REIT GeneralAndAdministrativeExpense $1.31M USD 1 Quarter
Administration of REIT GeneralAndAdministrativeExpense $1.31M USD 1 Quarter
Total expenses CostsAndExpenses $33.09M USD 1 Quarter
Total expenses CostsAndExpenses $33.09M USD 1 Quarter
Total expenses CostsAndExpenses $35.14M USD 1 Quarter
Total expenses CostsAndExpenses $35.14M USD 1 Quarter
Income from operations OperatingIncomeLoss $4.17M USD 1 Quarter
Income from operations OperatingIncomeLoss $4.17M USD 1 Quarter
Income from operations OperatingIncomeLoss $41.00K USD 1 Quarter
Income from operations OperatingIncomeLoss $41.00K USD 1 Quarter
Equity in (losses) of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-734.00K USD 1 Quarter
Equity in (losses) of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-734.00K USD 1 Quarter
Equity in (losses) of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-1.14M USD 1 Quarter
Equity in (losses) of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-1.14M USD 1 Quarter
Other income OtherNonoperatingIncome $407.00K USD 1 Quarter
Other income OtherNonoperatingIncome $407.00K USD 1 Quarter
Other income OtherNonoperatingIncome $393.00K USD 1 Quarter
Other income OtherNonoperatingIncome $393.00K USD 1 Quarter
Gain on sale or conversion of real estate investments GainLossOnSaleOfRealEstateAndNonRealEstateInvestments $815.00K USD 1 Quarter
Gain on sale or conversion of real estate investments GainLossOnSaleOfRealEstateAndNonRealEstateInvestments $815.00K USD 1 Quarter
Total other income NonoperatingIncomeExpenseIncludingIncomeLossFromEquityMethodInvestments $474.00K USD 1 Quarter
Total other income NonoperatingIncomeExpenseIncludingIncomeLossFromEquityMethodInvestments $474.00K USD 1 Quarter
Total other income NonoperatingIncomeExpenseIncludingIncomeLossFromEquityMethodInvestments $-729.00K USD 1 Quarter
Total other income NonoperatingIncomeExpenseIncludingIncomeLossFromEquityMethodInvestments $-729.00K USD 1 Quarter
Net income ProfitLoss $-688.00K USD 1 Quarter
Net income ProfitLoss $-688.00K USD 1 Quarter
Net income ProfitLoss $4.64M USD 1 Quarter
Net income ProfitLoss $4.64M USD 1 Quarter
Operating partnership NoncontrollingInterestInNetIncomeLossOperatingPartnerships $2.85M USD 1 Quarter
Operating partnership NoncontrollingInterestInNetIncomeLossOperatingPartnerships $2.85M USD 1 Quarter
Operating partnership NoncontrollingInterestInNetIncomeLossOperatingPartnerships $-408.00K USD 1 Quarter
Operating partnership NoncontrollingInterestInNetIncomeLossOperatingPartnerships $-408.00K USD 1 Quarter
Partially owned properties NoncontrollingInterestInNetIncomeLossPartiallyOwnedProperties $51.00K USD 1 Quarter
Partially owned properties NoncontrollingInterestInNetIncomeLossPartiallyOwnedProperties $51.00K USD 1 Quarter
Partially owned properties NoncontrollingInterestInNetIncomeLossPartiallyOwnedProperties $-40.00K USD 1 Quarter
Partially owned properties NoncontrollingInterestInNetIncomeLossPartiallyOwnedProperties $-40.00K USD 1 Quarter
Net income (loss) attributable to Sterling Real Estate Trust NetIncomeLoss $-240.00K USD 1 Quarter
Net income (loss) attributable to Sterling Real Estate Trust NetIncomeLoss $-240.00K USD 1 Quarter
Net income (loss) attributable to Sterling Real Estate Trust NetIncomeLoss $1.74M USD 1 Quarter
Net income (loss) attributable to Sterling Real Estate Trust NetIncomeLoss $1.74M USD 1 Quarter
Net income (loss) attributable to Sterling Real Estate Trust per common share, basic EarningsPerShareBasic $-0.02 USD 1 Quarter
Net income (loss) attributable to Sterling Real Estate Trust per common share, basic EarningsPerShareBasic $-0.02 USD 1 Quarter
Net income (loss) attributable to Sterling Real Estate Trust per common share, basic EarningsPerShareBasic $0.15 USD 1 Quarter
Net income (loss) attributable to Sterling Real Estate Trust per common share, basic EarningsPerShareBasic $0.15 USD 1 Quarter
Net income (loss) attributable to Sterling Real Estate Trust per common share, diluted EarningsPerShareDiluted $-0.02 USD 1 Quarter
Net income (loss) attributable to Sterling Real Estate Trust per common share, diluted EarningsPerShareDiluted $-0.02 USD 1 Quarter
Net income (loss) attributable to Sterling Real Estate Trust per common share, diluted EarningsPerShareDiluted $0.15 USD 1 Quarter
Net income (loss) attributable to Sterling Real Estate Trust per common share, diluted EarningsPerShareDiluted $0.15 USD 1 Quarter
Net income (loss) ProfitLoss $-688.00K USD 1 Quarter
Net income (loss) ProfitLoss $-688.00K USD 1 Quarter
Net income (loss) ProfitLoss $4.64M USD 1 Quarter
Net income (loss) ProfitLoss $4.64M USD 1 Quarter
Other comprehensive gain (loss) - change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-2.38M USD 1 Quarter
Other comprehensive gain (loss) - change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-2.38M USD 1 Quarter
Other comprehensive gain (loss) - change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $1.52M USD 1 Quarter
Other comprehensive gain (loss) - change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $1.52M USD 1 Quarter
Comprehensive income (loss): ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $6.16M USD 1 Quarter
Comprehensive income (loss): ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $6.16M USD 1 Quarter
Comprehensive income (loss): ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-3.07M USD 1 Quarter
Comprehensive income (loss): ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-3.07M USD 1 Quarter
Comprehensive income (loss) attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $3.84M USD 1 Quarter
Comprehensive income (loss) attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $3.84M USD 1 Quarter
Comprehensive income (loss) attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-1.95M USD 1 Quarter
Comprehensive income (loss) attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-1.95M USD 1 Quarter
Comprehensive income (loss) attributable to Sterling Real Estate Trust ComprehensiveIncomeNetOfTax $-1.12M USD 1 Quarter
Comprehensive income (loss) attributable to Sterling Real Estate Trust ComprehensiveIncomeNetOfTax $-1.12M USD 1 Quarter
Comprehensive income (loss) attributable to Sterling Real Estate Trust ComprehensiveIncomeNetOfTax $2.32M USD 1 Quarter
Comprehensive income (loss) attributable to Sterling Real Estate Trust ComprehensiveIncomeNetOfTax $2.32M USD 1 Quarter
Weighted average common shares outstanding, basic WeightedAverageNumberOfSharesOutstandingBasic 10.95M shares 1 Quarter
Weighted average common shares outstanding, basic WeightedAverageNumberOfSharesOutstandingBasic 10.95M shares 1 Quarter
Weighted average common shares outstanding, basic WeightedAverageNumberOfSharesOutstandingBasic 11.34M shares 1 Quarter
Weighted average common shares outstanding, basic WeightedAverageNumberOfSharesOutstandingBasic 11.34M shares 1 Quarter
Weighted average common shares outstanding, diluted WeightedAverageNumberOfDilutedSharesOutstanding 10.95M shares 1 Quarter
Weighted average common shares outstanding, diluted WeightedAverageNumberOfDilutedSharesOutstanding 10.95M shares 1 Quarter
Weighted average common shares outstanding, diluted WeightedAverageNumberOfDilutedSharesOutstanding 11.34M shares 1 Quarter
Weighted average common shares outstanding, diluted WeightedAverageNumberOfDilutedSharesOutstanding 11.34M shares 1 Quarter
Cash Flow Statement 116 line items
Line Item Tag Value Unit Period
Net income (loss) ProfitLoss $-688.00K USD 1 Quarter
Net income (loss) ProfitLoss $-688.00K USD 1 Quarter
Net income (loss) ProfitLoss $4.64M USD 1 Quarter
Net income (loss) ProfitLoss $4.64M USD 1 Quarter
Gain on sale of real estate investments GainsLossesOnSalesOfInvestmentRealEstate $815.00K USD 1 Quarter
Gain on sale of real estate investments GainsLossesOnSalesOfInvestmentRealEstate $815.00K USD 1 Quarter
Change in fair value of securities UnrealizedGainLossOnInvestments $109.00K USD 1 Quarter
Change in fair value of securities UnrealizedGainLossOnInvestments $109.00K USD 1 Quarter
Equity in loss of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-734.00K USD 1 Quarter
Equity in loss of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-734.00K USD 1 Quarter
Equity in loss of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-1.14M USD 1 Quarter
Equity in loss of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $-1.14M USD 1 Quarter
Allowance for uncollectible accounts receivable ProvisionForDoubtfulAccounts $96.00K USD 1 Quarter
Allowance for uncollectible accounts receivable ProvisionForDoubtfulAccounts $96.00K USD 1 Quarter
Allowance for uncollectible accounts receivable ProvisionForDoubtfulAccounts $-225.00K USD 1 Quarter
Allowance for uncollectible accounts receivable ProvisionForDoubtfulAccounts $-225.00K USD 1 Quarter
Depreciation Depreciation $5.80M USD 1 Quarter
Depreciation Depreciation $5.80M USD 1 Quarter
Depreciation Depreciation $5.70M USD 1 Quarter
Depreciation Depreciation $5.70M USD 1 Quarter
Amortization AmortizationOfIntangibleAssets $211.00K USD 1 Quarter
Amortization AmortizationOfIntangibleAssets $211.00K USD 1 Quarter
Amortization AmortizationOfIntangibleAssets $751.00K USD 1 Quarter
Amortization AmortizationOfIntangibleAssets $751.00K USD 1 Quarter
Amortization of debt issuance costs AmortizationOfFinancingCosts $153.00K USD 1 Quarter
Amortization of debt issuance costs AmortizationOfFinancingCosts $153.00K USD 1 Quarter
Amortization of debt issuance costs AmortizationOfFinancingCosts $151.00K USD 1 Quarter
Amortization of debt issuance costs AmortizationOfFinancingCosts $151.00K USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $-822.00K USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $-822.00K USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $-434.00K USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $-434.00K USD 1 Quarter
Tenant security deposits payable IncreaseDecreaseInSecurityDeposits $201.00K USD 1 Quarter
Tenant security deposits payable IncreaseDecreaseInSecurityDeposits $201.00K USD 1 Quarter
Tenant security deposits payable IncreaseDecreaseInSecurityDeposits $326.00K USD 1 Quarter
Tenant security deposits payable IncreaseDecreaseInSecurityDeposits $326.00K USD 1 Quarter
Accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilities $-2.98M USD 1 Quarter
Accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilities $-2.98M USD 1 Quarter
Accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilities $-7.22M USD 1 Quarter
Accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilities $-7.22M USD 1 Quarter
NET CASH PROVIDED BY OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivities $4.47M USD 1 Quarter
NET CASH PROVIDED BY OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivities $4.47M USD 1 Quarter
NET CASH PROVIDED BY OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivities $4.65M USD 1 Quarter
NET CASH PROVIDED BY OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivities $4.65M USD 1 Quarter
Proceeds from maturities of securities ProceedsFromSaleAndMaturityOfMarketableSecurities $19.37M USD 1 Quarter
Proceeds from maturities of securities ProceedsFromSaleAndMaturityOfMarketableSecurities $19.37M USD 1 Quarter
Capital expenditures and tenant improvements PaymentsForLeasingCostsCommissionsAndTenantImprovements $1.78M USD 1 Quarter
Capital expenditures and tenant improvements PaymentsForLeasingCostsCommissionsAndTenantImprovements $1.78M USD 1 Quarter
Capital expenditures and tenant improvements PaymentsForLeasingCostsCommissionsAndTenantImprovements $4.04M USD 1 Quarter
Capital expenditures and tenant improvements PaymentsForLeasingCostsCommissionsAndTenantImprovements $4.04M USD 1 Quarter
Proceeds from sale of real estate investments and non-real estate investments PaymentsForProceedsFromRealEstatePartnershipInvestmentAndOtherInvestmentsNet $-2.22M USD 1 Quarter
Proceeds from sale of real estate investments and non-real estate investments PaymentsForProceedsFromRealEstatePartnershipInvestmentAndOtherInvestmentsNet $-2.22M USD 1 Quarter
Investment in unconsolidated affiliates PaymentsToAcquireEquityMethodInvestments $2.26M USD 1 Quarter
Investment in unconsolidated affiliates PaymentsToAcquireEquityMethodInvestments $2.26M USD 1 Quarter
Distributions in excess of earnings received from unconsolidated affiliates ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $658.00K USD 1 Quarter
Distributions in excess of earnings received from unconsolidated affiliates ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $658.00K USD 1 Quarter
Distributions in excess of earnings received from unconsolidated affiliates ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $659.00K USD 1 Quarter
Distributions in excess of earnings received from unconsolidated affiliates ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $659.00K USD 1 Quarter
Notes receivable issued net of payments received PaymentsToAcquireNotesReceivableNet $-805.00K USD 1 Quarter
Notes receivable issued net of payments received PaymentsToAcquireNotesReceivableNet $-805.00K USD 1 Quarter
Notes receivable issued net of payments received PaymentsToAcquireNotesReceivableNet $1.34M USD 1 Quarter
Notes receivable issued net of payments received PaymentsToAcquireNotesReceivableNet $1.34M USD 1 Quarter
NET CASH PROVIDED BY (USED IN) PROVIDED BY INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities $14.64M USD 1 Quarter
NET CASH PROVIDED BY (USED IN) PROVIDED BY INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities $14.64M USD 1 Quarter
NET CASH PROVIDED BY (USED IN) PROVIDED BY INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities $-357.00K USD 1 Quarter
NET CASH PROVIDED BY (USED IN) PROVIDED BY INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities $-357.00K USD 1 Quarter
Payments for financing, debt issuance PaymentsOfFinancingCosts $158.00K USD 1 Quarter
Payments for financing, debt issuance PaymentsOfFinancingCosts $158.00K USD 1 Quarter
Principal payments on special assessments payable PrincipalPaymentsOnSpecialAssessmentsPayable $34.00K USD 1 Quarter
Principal payments on special assessments payable PrincipalPaymentsOnSpecialAssessmentsPayable $34.00K USD 1 Quarter
Proceeds from issuance of mortgage notes payable ProceedsFromIssuanceOfLongTermDebt $30.25M USD 1 Quarter
Proceeds from issuance of mortgage notes payable ProceedsFromIssuanceOfLongTermDebt $30.25M USD 1 Quarter
Principal payments on mortgage notes payable RepaymentsOfLongTermDebt $3.94M USD 1 Quarter
Principal payments on mortgage notes payable RepaymentsOfLongTermDebt $3.94M USD 1 Quarter
Principal payments on mortgage notes payable RepaymentsOfLongTermDebt $6.64M USD 1 Quarter
Principal payments on mortgage notes payable RepaymentsOfLongTermDebt $6.64M USD 1 Quarter
Payments on lines of credit RepaymentsOfLinesOfCredit $1.01M USD 1 Quarter
Payments on lines of credit RepaymentsOfLinesOfCredit $1.01M USD 1 Quarter
Payments on notes payable RepaymentsOfNotesPayable $26.50M USD 1 Quarter
Payments on notes payable RepaymentsOfNotesPayable $26.50M USD 1 Quarter
Proceeds from issuance of shares under optional purchase plan ProceedsFromIssuanceOfSharesUnderOptionalPurchasePlan $843.00K USD 1 Quarter
Proceeds from issuance of shares under optional purchase plan ProceedsFromIssuanceOfSharesUnderOptionalPurchasePlan $843.00K USD 1 Quarter
Proceeds from issuance of shares under optional purchase plan ProceedsFromIssuanceOfSharesUnderOptionalPurchasePlan $1.29M USD 1 Quarter
Proceeds from issuance of shares under optional purchase plan ProceedsFromIssuanceOfSharesUnderOptionalPurchasePlan $1.29M USD 1 Quarter
Shares/units redeemed PaymentsForRepurchaseOfCommonStock $1.52M USD 1 Quarter
Shares/units redeemed PaymentsForRepurchaseOfCommonStock $1.52M USD 1 Quarter
Shares/units redeemed PaymentsForRepurchaseOfCommonStock $1.10M USD 1 Quarter
Shares/units redeemed PaymentsForRepurchaseOfCommonStock $1.10M USD 1 Quarter
Dividends/distributions paid PaymentsOfDividendsCommonStock $6.53M USD 1 Quarter
Dividends/distributions paid PaymentsOfDividendsCommonStock $6.53M USD 1 Quarter
Dividends/distributions paid PaymentsOfDividendsCommonStock $6.68M USD 1 Quarter
Dividends/distributions paid PaymentsOfDividendsCommonStock $6.68M USD 1 Quarter
NET CASH USED IN FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $-11.33M USD 1 Quarter
NET CASH USED IN FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $-11.33M USD 1 Quarter
NET CASH USED IN FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $-10.39M USD 1 Quarter
NET CASH USED IN FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $-10.39M USD 1 Quarter
NET CHANGE IN CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-7.04M USD 1 Quarter
NET CHANGE IN CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-7.04M USD 1 Quarter
NET CHANGE IN CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $8.73M USD 1 Quarter
NET CHANGE IN CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $8.73M USD 1 Quarter
CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT BEGINNING OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $30.02M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT BEGINNING OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $30.02M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT BEGINNING OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $21.31M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT BEGINNING OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $21.31M 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 $12.58M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT BEGINNING OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $37.06M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT BEGINNING OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $37.06M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $30.02M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $30.02M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $21.31M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $21.31M 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 $12.58M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $37.06M USD Point-in-time
CASH AND CASH EQUIVALENTS AND RESTRICTED DEPOSITS AT END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $37.06M USD Point-in-time
Stockholders Equity 40 line items
Line Item Tag Value Unit Period
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $314.04M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $314.04M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $301.32M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $301.32M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $323.47M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $323.47M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $300.11M USD Point-in-time
Beginning Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $300.11M USD Point-in-time
Shares/units redeemed StockRepurchasedDuringPeriodValue $1.52M USD 1 Quarter
Shares/units redeemed StockRepurchasedDuringPeriodValue $1.52M USD 1 Quarter
Shares/units redeemed StockRepurchasedDuringPeriodValue $1.10M USD 1 Quarter
Shares/units redeemed StockRepurchasedDuringPeriodValue $1.10M USD 1 Quarter
Dividends and distributions declared DividendsCommonStockCash $8.59M USD 1 Quarter
Dividends and distributions declared DividendsCommonStockCash $8.59M USD 1 Quarter
Dividends and distributions declared DividendsCommonStockCash $8.52M USD 1 Quarter
Dividends and distributions declared DividendsCommonStockCash $8.52M USD 1 Quarter
Dividends reinvested - stock dividend StockIssuedDuringPeriodValueDividendReinvestmentPlan $1.89M USD 1 Quarter
Dividends reinvested - stock dividend StockIssuedDuringPeriodValueDividendReinvestmentPlan $1.89M USD 1 Quarter
Dividends reinvested - stock dividend StockIssuedDuringPeriodValueDividendReinvestmentPlan $1.96M USD 1 Quarter
Dividends reinvested - stock dividend StockIssuedDuringPeriodValueDividendReinvestmentPlan $1.96M USD 1 Quarter
Issuance of shares under optional purchase plan StockIssuedDuringPeriodValueStockPurchasePlan $843.00K USD 1 Quarter
Issuance of shares under optional purchase plan StockIssuedDuringPeriodValueStockPurchasePlan $843.00K USD 1 Quarter
Issuance of shares under optional purchase plan StockIssuedDuringPeriodValueStockPurchasePlan $1.29M USD 1 Quarter
Issuance of shares under optional purchase plan StockIssuedDuringPeriodValueStockPurchasePlan $1.29M USD 1 Quarter
Change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-2.38M USD 1 Quarter
Change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-2.38M USD 1 Quarter
Change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $1.52M USD 1 Quarter
Change in fair value of interest rate swaps OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $1.52M USD 1 Quarter
Net income (loss) ProfitLoss $-688.00K USD 1 Quarter
Net income (loss) ProfitLoss $-688.00K USD 1 Quarter
Net income (loss) ProfitLoss $4.64M USD 1 Quarter
Net income (loss) ProfitLoss $4.64M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $314.04M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $314.04M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $301.32M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $301.32M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $323.47M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $323.47M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $300.11M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $300.11M USD Point-in-time

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

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