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10-Q Filing

GETTY REALTY CORP /MD/ CIK: 1052752 Q1 2019
Filing Information
Form Type 10-Q
Accession Number 0001564590-19-014810
Period End Date 20190331
Filing Date 20190501
Fiscal Year 2019
Fiscal Period Q1
XBRL Instance gty-20190331.xml
Filing Contents

This filing contains the following financial statements:

Balance Sheet 83 line items
Line Item Tag Value Unit Period
Allowance on accounts receivable AllowanceForDoubtfulAccountsReceivable $2.09M USD Point-in-time
Allowance on accounts receivable AllowanceForDoubtfulAccountsReceivable $1.95M 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 20.00M shares Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 20.00M shares Point-in-time
Land Land $630.65M USD Point-in-time
Land Land $631.18M USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 10.00M shares Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 20.00M shares Point-in-time
Buildings and improvements InvestmentBuildingsAndImprovementsGross $409.75M USD Point-in-time
Buildings and improvements InvestmentBuildingsAndImprovementsGross $406.81M USD Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 0.00 shares 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
Construction in progress ConstructionInProgressGross $2.17M USD Point-in-time
Construction in progress ConstructionInProgressGross $2.02M USD Point-in-time
Total real estate held for use, gross RealEstateInvestmentPropertyGross $1.04B USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 60.00M shares Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 100.00M shares Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 100.00M shares Point-in-time
Total real estate held for use, gross RealEstateInvestmentPropertyGross $1.04B USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 100.00M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 40.85M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 40.88M shares Point-in-time
Less accumulated depreciation and amortization RealEstateInvestmentPropertyAccumulatedDepreciation $150.69M USD Point-in-time
Less accumulated depreciation and amortization RealEstateInvestmentPropertyAccumulatedDepreciation $154.13M USD Point-in-time
Real estate held for use, net RentalProperties $885.36M USD Point-in-time
Real estate held for use, net RentalProperties $892.41M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 40.85M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 40.88M shares Point-in-time
Real estate held for sale, net RealEstateHeldforsale $630.00K USD Point-in-time
Real estate, net RealEstateInvestmentPropertyNet $885.99M USD Point-in-time
Real estate, net RealEstateInvestmentPropertyNet $892.41M USD Point-in-time
Investment in direct financing leases, net CapitalLeasesNetInvestmentInDirectFinancingLeases $85.07M USD Point-in-time
Investment in direct financing leases, net CapitalLeasesNetInvestmentInDirectFinancingLeases $85.89M USD Point-in-time
Notes and mortgages receivable NotesReceivableNet $33.52M USD Point-in-time
Notes and mortgages receivable NotesReceivableNet $32.02M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $19.14M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $46.89M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $1.94M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalents $1.85M USD Point-in-time
Deferred rent receivable DeferredRentReceivablesNet $37.72M USD Point-in-time
Deferred rent receivable DeferredRentReceivablesNet $38.68M USD Point-in-time
Accounts receivable, net of allowance of $1,950 and $2,094, respectively AccountsReceivableNet $3.01M USD Point-in-time
Accounts receivable, net of allowance of $1,950 and $2,094, respectively AccountsReceivableNet $1.52M USD Point-in-time
Right-of-use assets - operating OperatingLeaseRightOfUseAsset $24.65M USD Point-in-time
Right-of-use assets - finance FinanceLeaseRightOfUseAsset $1.16M USD Point-in-time
Prepaid expenses and other assets PrepaidExpenseAndOtherAssets $57.34M USD Point-in-time
Prepaid expenses and other assets PrepaidExpenseAndOtherAssets $57.88M USD Point-in-time
Total assets Assets $1.15B USD Point-in-time
Total assets Assets $1.16B USD Point-in-time
Borrowings under credit agreement, net LineOfCredit $87.43M USD Point-in-time
Borrowings under credit agreement, net LineOfCredit $117.23M USD Point-in-time
Senior unsecured notes, net UnsecuredDebt $324.41M USD Point-in-time
Senior unsecured notes, net UnsecuredDebt $324.44M USD Point-in-time
Environmental remediation obligations AccrualForEnvironmentalLossContingencies $59.25M USD Point-in-time
Environmental remediation obligations AccrualForEnvironmentalLossContingencies $59.82M USD Point-in-time
Dividends payable DividendsPayableCurrentAndNoncurrent $14.55M USD Point-in-time
Dividends payable DividendsPayableCurrentAndNoncurrent $14.49M USD Point-in-time
Lease liability - operating OperatingLeaseLiability $25.20M USD Point-in-time
Lease liability - finance FinanceLeaseLiability $4.61M USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $53.77M USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $62.06M USD Point-in-time
Total liabilities Liabilities $569.26M USD Point-in-time
Total liabilities Liabilities $578.01M 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; 20,000,000 shares authorized; unissued PreferredStockValue - USD Point-in-time
Preferred stock, $0.01 par value; 20,000,000 shares authorized; unissued PreferredStockValue - USD Point-in-time
Common stock, $0.01 par value; 100,000,000 shares authorized; 40,883,476 and 40,854,491 shares issued and outstanding, respectively CommonStockValue $409.00K USD Point-in-time
Common stock, $0.01 par value; 100,000,000 shares authorized; 40,883,476 and 40,854,491 shares issued and outstanding, respectively CommonStockValue $409.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $638.18M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $638.88M USD Point-in-time
Dividends paid in excess of earnings AccumulatedDistributionsInExcessOfNetIncome $57.42M USD Point-in-time
Dividends paid in excess of earnings AccumulatedDistributionsInExcessOfNetIncome $61.05M USD Point-in-time
Total stockholders equity StockholdersEquity $551.52M USD Point-in-time
Total stockholders equity StockholdersEquity $578.24M USD Point-in-time
Total stockholders equity StockholdersEquity $553.70M USD Point-in-time
Total stockholders equity StockholdersEquity $581.16M USD Point-in-time
Total liabilities and stockholders equity LiabilitiesAndStockholdersEquity $1.16B USD Point-in-time
Total liabilities and stockholders equity LiabilitiesAndStockholdersEquity $1.15B USD Point-in-time
Income Statement 38 line items
Line Item Tag Value Unit Period
Revenues from rental properties OperatingLeasesIncomeStatementLeaseRevenue $33.29M USD 1 Quarter
Revenues from rental properties OperatingLeasesIncomeStatementLeaseRevenue $31.35M USD 1 Quarter
Interest on notes and mortgages receivable InterestAndFeeIncomeLoansAndLeases $764.00K USD 1 Quarter
Interest on notes and mortgages receivable InterestAndFeeIncomeLoansAndLeases $762.00K USD 1 Quarter
Total revenues Revenues $32.12M USD 1 Quarter
Total revenues Revenues $34.05M USD 1 Quarter
Property costs CostOfPropertyRepairsAndMaintenance $5.50M USD 1 Quarter
Property costs CostOfPropertyRepairsAndMaintenance $4.93M USD 1 Quarter
Impairments AssetImpairmentCharges $771.00K USD 1 Quarter
Impairments AssetImpairmentCharges $2.82M USD 1 Quarter
Environmental EnvironmentalRemediationExpense $987.00K USD 1 Quarter
Environmental EnvironmentalRemediationExpense $903.00K USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $3.59M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $3.98M USD 1 Quarter
Allowance for uncollectible accounts ProvisionForDoubtfulAccounts $126.00K USD 1 Quarter
Allowance for uncollectible accounts ProvisionForDoubtfulAccounts $85.00K USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $5.59M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $6.10M USD 1 Quarter
Total operating expenses CostsAndExpensesBeforeGainsLossesFromSaleOfProperties $17.33M USD 1 Quarter
Total operating expenses CostsAndExpensesBeforeGainsLossesFromSaleOfProperties $18.05M USD 1 Quarter
Gain (loss) on dispositions of real estate GainLossOnSaleOfPropertyPlantEquipment $649.00K USD 1 Quarter
Gain (loss) on dispositions of real estate GainLossOnSaleOfPropertyPlantEquipment $-51.00K USD 1 Quarter
Operating income OperatingIncomeLoss $14.72M USD 1 Quarter
Operating income OperatingIncomeLoss $16.67M USD 1 Quarter
Other income (expense), net OtherNonoperatingIncomeExpense $205.00K USD 1 Quarter
Other income (expense), net OtherNonoperatingIncomeExpense $363.00K USD 1 Quarter
Interest expense InterestExpense $5.95M USD 1 Quarter
Interest expense InterestExpense $5.05M USD 1 Quarter
Net earnings NetIncomeLoss $10.03M USD 1 Quarter
Net earnings NetIncomeLoss $10.93M USD 1 Quarter
Net earnings EarningsPerShareBasic $0.26 USD 1 Quarter
Net earnings EarningsPerShareBasic $0.25 USD 1 Quarter
Net earnings EarningsPerShareDiluted $0.26 USD 1 Quarter
Net earnings EarningsPerShareDiluted $0.25 USD 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 40.87M shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 39.71M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 40.89M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 39.71M shares 1 Quarter
Cash Flow Statement 76 line items
Line Item Tag Value Unit Period
Net earnings ProfitLoss $10.03M USD 1 Quarter
Net earnings ProfitLoss $10.93M USD 1 Quarter
Depreciation and amortization expense DepreciationAndAmortization $5.59M USD 1 Quarter
Depreciation and amortization expense DepreciationAndAmortization $6.10M USD 1 Quarter
Impairment charges AssetImpairmentChargesContinuingAndDiscontinuingOperations $771.00K USD 1 Quarter
Impairment charges AssetImpairmentChargesContinuingAndDiscontinuingOperations $2.82M USD 1 Quarter
(Gain) loss on dispositions of real estate GainsLossesOnSalesOfInvestmentRealEstate $649.00K USD 1 Quarter
(Gain) loss on dispositions of real estate GainsLossesOnSalesOfInvestmentRealEstate $-51.00K USD 1 Quarter
Deferred rent receivable IncreaseDecreaseInDeferredRentReceivable $955.00K USD 1 Quarter
Deferred rent receivable IncreaseDecreaseInDeferredRentReceivable $1.22M USD 1 Quarter
Allowance for uncollectible accounts ProvisionForDoubtfulAccounts $126.00K USD 1 Quarter
Allowance for uncollectible accounts ProvisionForDoubtfulAccounts $85.00K USD 1 Quarter
Amortization of above-market and below-market leases AmortizationOfAboveMarketAndBelowMarketLeases $172.00K USD 1 Quarter
Amortization of above-market and below-market leases AmortizationOfAboveMarketAndBelowMarketLeases $185.00K USD 1 Quarter
Amortization of debt issuance costs AmortizationOfFinancingCosts $235.00K USD 1 Quarter
Amortization of debt issuance costs AmortizationOfFinancingCosts $194.00K USD 1 Quarter
Accretion expense AssetRetirementObligationAccretionExpense $691.00K USD 1 Quarter
Accretion expense AssetRetirementObligationAccretionExpense $538.00K USD 1 Quarter
Stock-based compensation ShareBasedCompensation $385.00K USD 1 Quarter
Stock-based compensation ShareBasedCompensation $474.00K USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $-1.26M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $-2.19M USD 1 Quarter
Prepaid expenses and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $235.00K USD 1 Quarter
Prepaid expenses and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $765.00K USD 1 Quarter
Environmental remediation obligations EnvironmentalExpenseAndLiabilities $-2.01M USD 1 Quarter
Environmental remediation obligations EnvironmentalExpenseAndLiabilities $-1.87M USD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-2.02M USD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-426.00K USD 1 Quarter
Net cash flow provided by operating activities NetCashProvidedByUsedInOperatingActivities $17.30M USD 1 Quarter
Net cash flow provided by operating activities NetCashProvidedByUsedInOperatingActivities $14.65M 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 $151.00K USD 1 Quarter
Proceeds from dispositions of real estate ProceedsFromSaleOfInvestmentRealEstate $77.00K USD 1 Quarter
Proceeds from dispositions of real estate ProceedsFromSaleOfInvestmentRealEstate $605.00K USD 1 Quarter
Deposits for property acquisitions IncreaseDecreaseInCashHeldForPropertyAcquisitions $-50.00K USD 1 Quarter
Deposits for property acquisitions IncreaseDecreaseInCashHeldForPropertyAcquisitions $150.00K USD 1 Quarter
Amortization of investment in direct financing leases AmortizationOfInvestmentInDirectFinancingLease $705.00K USD 1 Quarter
Amortization of investment in direct financing leases AmortizationOfInvestmentInDirectFinancingLease $827.00K USD 1 Quarter
(Issuance) of notes and mortgages receivable IssuanceOfNotesAndMortgagesReceivable $382.00K USD 1 Quarter
Collection of notes and mortgages receivable CollectionOfNotesAndMortgagesReceivable $1.91M USD 1 Quarter
Collection of notes and mortgages receivable CollectionOfNotesAndMortgagesReceivable $651.00K USD 1 Quarter
Net cash flow provided by investing activities NetCashProvidedByUsedInInvestingActivities $1.48M USD 1 Quarter
Net cash flow provided by investing activities NetCashProvidedByUsedInInvestingActivities $2.33M 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 $35.00M USD 1 Quarter
Payment of debt issuance costs PaymentsOfDebtIssuanceCosts $2.76M USD 1 Quarter
Payment of finance lease obligations RepaymentsOfLongTermCapitalLeaseObligations $127.00K USD 1 Quarter
Payment of finance lease obligations RepaymentsOfLongTermCapitalLeaseObligations $111.00K USD 1 Quarter
Security deposits received (refunded) IncreaseDecreaseInCustomerSecurityDepositsFinancingActivities $-242.00K USD 1 Quarter
Security deposits received (refunded) IncreaseDecreaseInCustomerSecurityDepositsFinancingActivities $-44.00K USD 1 Quarter
Payments of cash dividends PaymentsOfDividends $12.47M USD 1 Quarter
Payments of cash dividends PaymentsOfDividends $14.14M USD 1 Quarter
Payments in settlement of restricted stock units PaymentsInSettlementOfRestrictedStockUnits $115.00K USD 1 Quarter
Net cash flow (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-44.64M USD 1 Quarter
Net cash flow (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-20.46M USD 1 Quarter
Change in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-1.69M USD 1 Quarter
Change in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-27.66M USD 1 Quarter
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $48.74M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $19.13M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $21.08M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $20.81M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $48.74M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $19.13M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $21.08M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations $20.81M USD Point-in-time
Interest InterestPaidNet $5.76M USD 1 Quarter
Interest InterestPaidNet $5.13M USD 1 Quarter
Income taxes IncomeTaxesPaidNet $222.00K USD 1 Quarter
Income taxes IncomeTaxesPaidNet $244.00K USD 1 Quarter
Environmental remediation obligations EnvironmentalRemediationCostsPaid $1.53M USD 1 Quarter
Environmental remediation obligations EnvironmentalRemediationCostsPaid $1.50M USD 1 Quarter
Dividends declared but not yet paid DividendsDeclaredButNotYetPaid $12.89M USD 1 Quarter
Dividends declared but not yet paid DividendsDeclaredButNotYetPaid $14.55M 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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