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10-Q Filing

GETTY REALTY CORP /MD/ CIK: 1052752 Q1 2018
Filing Information
Form Type 10-Q
Accession Number 0001564590-18-012396
Period End Date 20180331
Filing Date 20180509
Fiscal Year 2018
Fiscal Period Q1
XBRL Instance gty-20180331.xml
Filing Contents

This filing contains the following financial statements:

Balance Sheet 73 line items
Line Item Tag Value Unit Period
Allowance on accounts receivable AllowanceForDoubtfulAccountsReceivable $1.84M USD Point-in-time
Allowance on accounts receivable AllowanceForDoubtfulAccountsReceivable $1.96M USD Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 10.00M shares Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 10.00M shares Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 10.00M shares Point-in-time
Land Land $589.50M USD Point-in-time
Land Land $587.51M USD Point-in-time
Buildings and improvements InvestmentBuildingsAndImprovementsGross $377.88M USD Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Buildings and improvements InvestmentBuildingsAndImprovementsGross $379.79M USD Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Construction in progress ConstructionInProgressGross $1.95M USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Construction in progress ConstructionInProgressGross $1.68M USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Total real estate held for use, gross RealEstateInvestmentPropertyGross $970.96M USD Point-in-time
Total real estate held for use, gross RealEstateInvestmentPropertyGross $967.33M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 60.00M shares Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 60.00M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 39.70M shares Point-in-time
Less accumulated depreciation and amortization RealEstateInvestmentPropertyAccumulatedDepreciation $133.35M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 39.71M shares Point-in-time
Less accumulated depreciation and amortization RealEstateInvestmentPropertyAccumulatedDepreciation $136.72M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 39.71M shares Point-in-time
Real estate, net RealEstateInvestmentPropertyNet $830.61M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 39.70M shares Point-in-time
Real estate, net RealEstateInvestmentPropertyNet $837.61M USD Point-in-time
Investment in direct financing leases, net CapitalLeasesNetInvestmentInDirectFinancingLeases $89.59M USD Point-in-time
Investment in direct financing leases, net CapitalLeasesNetInvestmentInDirectFinancingLeases $88.88M USD Point-in-time
Notes and mortgages receivable NotesReceivableNet $32.50M USD Point-in-time
Notes and mortgages receivable NotesReceivableNet $32.37M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $18.01M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $19.99M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $1.11M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $821.00K USD Point-in-time
Deferred rent receivable DeferredRentReceivablesNet $33.61M USD Point-in-time
Deferred rent receivable DeferredRentReceivablesNet $34.83M USD Point-in-time
Accounts receivable, net of allowance of $1,962 and $1,840, respectively AccountsReceivableNet $1.11M USD Point-in-time
Accounts receivable, net of allowance of $1,962 and $1,840, respectively AccountsReceivableNet $3.71M USD Point-in-time
Prepaid expenses and other assets PrepaidExpenseAndOtherAssets $55.05M USD Point-in-time
Prepaid expenses and other assets PrepaidExpenseAndOtherAssets $54.33M USD Point-in-time
Total assets Assets $1.06B USD Point-in-time
Total assets Assets $1.07B USD Point-in-time
Borrowings under credit agreement, net LineOfCredit $146.97M USD Point-in-time
Borrowings under credit agreement, net LineOfCredit $154.50M USD Point-in-time
Senior unsecured notes, net UnsecuredDebt $224.66M USD Point-in-time
Senior unsecured notes, net UnsecuredDebt $224.62M USD Point-in-time
Environmental remediation obligations AccrualForEnvironmentalLossContingencies $63.36M USD Point-in-time
Environmental remediation obligations AccrualForEnvironmentalLossContingencies $63.56M USD Point-in-time
Dividends payable DividendsPayableCurrentAndNoncurrent $12.85M USD Point-in-time
Dividends payable DividendsPayableCurrentAndNoncurrent $12.89M USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $63.49M USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $62.03M USD Point-in-time
Total liabilities Liabilities $519.06M USD Point-in-time
Total liabilities Liabilities $509.88M USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Preferred stock, $0.01 par value; 10,000,000 shares authorized; unissued PreferredStockValue - USD Point-in-time
Preferred stock, $0.01 par value; 10,000,000 shares authorized; unissued PreferredStockValue - USD Point-in-time
Common stock, $0.01 par value; 60,000,000 shares authorized; 39,710,297 and 39,696,110 shares issued and outstanding, respectively CommonStockValue $397.00K USD Point-in-time
Common stock, $0.01 par value; 60,000,000 shares authorized; 39,710,297 and 39,696,110 shares issued and outstanding, respectively CommonStockValue $397.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $604.87M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $605.55M USD Point-in-time
Dividends paid in excess of earnings AccumulatedDistributionsInExcessOfNetIncome $51.57M USD Point-in-time
Dividends paid in excess of earnings AccumulatedDistributionsInExcessOfNetIncome $54.43M USD Point-in-time
Total shareholders equity StockholdersEquity $553.70M USD Point-in-time
Total shareholders equity StockholdersEquity $551.52M USD Point-in-time
Total liabilities and shareholders equity LiabilitiesAndStockholdersEquity $1.07B USD Point-in-time
Total liabilities and shareholders equity LiabilitiesAndStockholdersEquity $1.06B USD Point-in-time
Income Statement 52 line items
Line Item Tag Value Unit Period
Revenues from rental properties RealEstateRevenueNet $23.90M USD 1 Quarter
Revenues from rental properties RealEstateRevenueNet $28.28M USD 1 Quarter
Tenant reimbursements TenantReimbursements $3.07M USD 1 Quarter
Tenant reimbursements TenantReimbursements $2.99M USD 1 Quarter
Interest on notes and mortgages receivable InterestAndFeeIncomeLoansAndLeases $764.00K USD 1 Quarter
Interest on notes and mortgages receivable InterestAndFeeIncomeLoansAndLeases $758.00K USD 1 Quarter
Total revenues Revenues $32.12M USD 1 Quarter
Total revenues Revenues $27.65M USD 1 Quarter
Property costs DirectCostsOfLeasedAndRentedPropertyOrEquipment $4.93M USD 1 Quarter
Property costs DirectCostsOfLeasedAndRentedPropertyOrEquipment $4.81M USD 1 Quarter
Impairments AssetImpairmentChargesIncludedInContinuingOperations $3.47M USD 1 Quarter
Impairments AssetImpairmentChargesIncludedInContinuingOperations $2.43M USD 1 Quarter
Environmental EnvironmentalRemediationExpenseIncome $1.25M USD 1 Quarter
Environmental EnvironmentalRemediationExpenseIncome $-541.00K USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $3.59M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $3.49M USD 1 Quarter
Allowance for uncollectible accounts ProvisionAndRecoveriesForDoubtfulAccounts $132.00K USD 1 Quarter
Allowance for uncollectible accounts ProvisionAndRecoveriesForDoubtfulAccounts $126.00K USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $5.59M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $4.39M USD 1 Quarter
Total operating expenses OperatingExpenses $15.75M USD 1 Quarter
Total operating expenses OperatingExpenses $17.92M USD 1 Quarter
Operating income OperatingIncomeLoss $14.20M USD 1 Quarter
Operating income OperatingIncomeLoss $11.89M USD 1 Quarter
Gain (loss) on dispositions of real estate GainsLossesOnSalesOfInvestmentRealEstate $-331.00K USD 1 Quarter
Gain (loss) on dispositions of real estate GainsLossesOnSalesOfInvestmentRealEstate $649.00K USD 1 Quarter
Other income, net OtherNonoperatingIncomeExpense $234.00K USD 1 Quarter
Other income, net OtherNonoperatingIncomeExpense $363.00K USD 1 Quarter
Interest expense InterestExpense $4.08M USD 1 Quarter
Interest expense InterestExpense $5.05M USD 1 Quarter
Earnings from continuing operations IncomeLossFromContinuingOperations $7.72M USD 1 Quarter
Earnings from continuing operations IncomeLossFromContinuingOperations $10.16M USD 1 Quarter
(Loss) earnings from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax $1.99M USD 1 Quarter
(Loss) earnings from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTax $-130.00K USD 1 Quarter
Net earnings NetIncomeLoss $10.03M USD 1 Quarter
Net earnings NetIncomeLoss $9.70M USD 1 Quarter
Earnings from continuing operations IncomeLossFromContinuingOperationsPerBasicShare $0.25 USD 1 Quarter
Earnings from continuing operations IncomeLossFromContinuingOperationsPerBasicShare $0.22 USD 1 Quarter
Earnings from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $0.06 USD 1 Quarter
Net earnings EarningsPerShareBasic $0.25 USD 1 Quarter
Net earnings EarningsPerShareBasic $0.28 USD 1 Quarter
Earnings from continuing operations IncomeLossFromContinuingOperationsPerDilutedShare $0.25 USD 1 Quarter
Earnings from continuing operations IncomeLossFromContinuingOperationsPerDilutedShare $0.22 USD 1 Quarter
Earnings from discontinued operations IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $0.06 USD 1 Quarter
Net earnings EarningsPerShareDiluted $0.25 USD 1 Quarter
Net earnings EarningsPerShareDiluted $0.28 USD 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 34.55M shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 39.71M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 34.55M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 39.71M shares 1 Quarter
Dividends declared per common share CommonStockDividendsPerShareDeclared $0.28 USD 1 Quarter
Dividends declared per common share CommonStockDividendsPerShareDeclared $0.32 USD 1 Quarter
Cash Flow Statement 75 line items
Line Item Tag Value Unit Period
Net earnings NetIncomeLoss $10.03M USD 1 Quarter
Net earnings NetIncomeLoss $9.70M USD 1 Quarter
Depreciation and amortization expense DepreciationAndAmortization $5.59M USD 1 Quarter
Depreciation and amortization expense DepreciationAndAmortization $4.39M USD 1 Quarter
Impairment charges AssetImpairmentCharges $2.82M USD 1 Quarter
Impairment charges AssetImpairmentCharges $3.74M USD 1 Quarter
(Gain) loss on dispositions of real estate GainsLossesOnSalesOfInvestmentRealEstate $-331.00K USD 1 Quarter
(Gain) loss on dispositions of real estate GainsLossesOnSalesOfInvestmentRealEstate $649.00K USD 1 Quarter
Deferred rent receivable IncreaseDecreaseInDeferredRentReceivable $1.22M USD 1 Quarter
Deferred rent receivable IncreaseDecreaseInDeferredRentReceivable $812.00K USD 1 Quarter
Allowance for uncollectible accounts ProvisionForDoubtfulAccounts $126.00K USD 1 Quarter
Allowance for uncollectible accounts ProvisionForDoubtfulAccounts $132.00K USD 1 Quarter
Accretion expense AssetRetirementObligationAccretionExpense $1.03M USD 1 Quarter
Accretion expense AssetRetirementObligationAccretionExpense $691.00K USD 1 Quarter
Stock-based compensation ShareBasedCompensation $302.00K USD 1 Quarter
Stock-based compensation ShareBasedCompensation $385.00K USD 1 Quarter
Other OtherOperatingActivitiesCashFlowStatement $85.00K USD 1 Quarter
Other OtherOperatingActivitiesCashFlowStatement $9.00K USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $-2.19M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $-1.69M USD 1 Quarter
Prepaid expenses and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-257.00K USD 1 Quarter
Prepaid expenses and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $235.00K USD 1 Quarter
Environmental remediation obligations AccrualForEnvironmentalLossContingenciesPeriodIncreaseDecrease $-2.01M USD 1 Quarter
Environmental remediation obligations AccrualForEnvironmentalLossContingenciesPeriodIncreaseDecrease $-8.27M USD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-426.00K USD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $375.00K USD 1 Quarter
Net cash flow provided by operating activities NetCashProvidedByUsedInOperatingActivities $12.95M USD 1 Quarter
Net cash flow provided by operating activities NetCashProvidedByUsedInOperatingActivities $17.30M USD 1 Quarter
Property acquisitions PaymentsToAcquireRealEstate $6.15M USD 1 Quarter
Capital expenditures PaymentsForCapitalImprovements $66.00K USD 1 Quarter
Addition to construction in progress PaymentsForConstructionInProcess $266.00K USD 1 Quarter
Addition to construction in progress PaymentsForConstructionInProcess $196.00K USD 1 Quarter
Proceeds from dispositions of real estate ProceedsFromSaleOfInvestmentRealEstate $1.30M USD 1 Quarter
Proceeds from dispositions of real estate ProceedsFromSaleOfInvestmentRealEstate $605.00K USD 1 Quarter
Deposits for property acquisitions IncreaseDecreaseInCashHeldForPropertyAcquisitions $150.00K USD 1 Quarter
Deposits for property acquisitions IncreaseDecreaseInCashHeldForPropertyAcquisitions $-2.19M USD 1 Quarter
Amortization of investment in direct financing leases AmortizationOfInvestmentInDirectFinancingLease $705.00K USD 1 Quarter
Amortization of investment in direct financing leases AmortizationOfInvestmentInDirectFinancingLease $579.00K USD 1 Quarter
Collection of notes and mortgages receivable CollectionOfNotesAndMortgagesReceivable $278.00K USD 1 Quarter
Collection of notes and mortgages receivable CollectionOfNotesAndMortgagesReceivable $651.00K USD 1 Quarter
Net cash flow provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-2.00M USD 1 Quarter
Net cash flow provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $1.48M USD 1 Quarter
Borrowings under credit agreement ProceedsFromLinesOfCredit $5.00M USD 1 Quarter
Repayments under credit agreement RepaymentsOfLinesOfCredit $5.00M USD 1 Quarter
Repayments under credit agreement RepaymentsOfLinesOfCredit $55.00M USD 1 Quarter
Proceeds from senior unsecured notes ProceedsFromBorrowingsUnderTermLoanAgreements $50.00M USD 1 Quarter
Payments of cash dividends PaymentsOfDividends $9.43M USD 1 Quarter
Payments of cash dividends PaymentsOfDividends $12.47M USD 1 Quarter
Payment of credit agreement origination costs PaymentOfCreditAgreementOriginationCosts $-2.76M USD 1 Quarter
Proceeds from issuance of common stock, net - ATM ProceedsFromIssuanceOfCommonStock $-83.00K USD 1 Quarter
Proceeds from issuance of common stock, net - ATM ProceedsFromIssuanceOfCommonStock $4.28M USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities $-165.00K USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities $-155.00K USD 1 Quarter
Net cash flow (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-20.46M USD 1 Quarter
Net cash flow (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-5.31M USD 1 Quarter
Change in cash, cash equivalents and restricted cash CashCashEquivalentsAndRestrictedCashPeriodIncreaseDecrease $5.63M USD 1 Quarter
Change in cash, cash equivalents and restricted cash CashCashEquivalentsAndRestrictedCashPeriodIncreaseDecrease $-1.69M USD 1 Quarter
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsAndRestrictedCash $20.81M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsAndRestrictedCash $18.83M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsAndRestrictedCash $19.13M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsAndRestrictedCash $13.19M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsAndRestrictedCash $20.81M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsAndRestrictedCash $18.83M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsAndRestrictedCash $19.13M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsAndRestrictedCash $13.19M USD Point-in-time
Interest InterestPaid $3.68M USD 1 Quarter
Interest InterestPaid $5.13M USD 1 Quarter
Income taxes IncomeTaxesPaidNet $244.00K USD 1 Quarter
Income taxes IncomeTaxesPaidNet $246.00K USD 1 Quarter
Environmental remediation obligations EnvironmentalRemediationCostsPaid $3.96M USD 1 Quarter
Environmental remediation obligations EnvironmentalRemediationCostsPaid $1.50M USD 1 Quarter
Dividends declared but not yet paid DividendsDeclaredButNotYetPaid $9.83M USD 1 Quarter
Dividends declared but not yet paid DividendsDeclaredButNotYetPaid $12.89M USD 1 Quarter
Issuance of notes and mortgages receivable related to property dispositions MortgageLoanRelatedToPropertySales1 $70.00K USD 1 Quarter
Issuance of notes and mortgages receivable related to property dispositions MortgageLoanRelatedToPropertySales1 $788.00K USD 1 Quarter

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

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