10-Q Filing

ESSENTIAL PROPERTIES REALTY TRUST, INC. CIK: 1728951 Q3 2019

Filing Information

Form Type	10-Q
Accession Number	`0001564590-19-041261`
Period End Date	20190930
Filing Date	20191107
Fiscal Year	2019
Fiscal Period	Q3
XBRL Instance	eprt-20190930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 94 Income Statement 94 Cash Flow Statement 113 Stockholders Equity 60 Comprehensive Income 29

Balance Sheet 94 line items

Line Item	Tag	Value	Unit	Period
Land and improvements	`LandAndImprovements`	$420.85M	USD	Point-in-time
Land and improvements	`LandAndImprovements`	$547.55M	USD	Point-in-time
Building and improvements	`BuildingAndImprovements`	$1.12B	USD	Point-in-time
Building and improvements	`BuildingAndImprovements`	$885.66M	USD	Point-in-time
Lease incentives	`LeaseIncentiveReceivable`	$2.79M	USD	Point-in-time
Preferred shares, par value per share	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred shares, par value per share	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Lease incentives	`LeaseIncentiveReceivable`	$4.83M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$10.23M	USD	Point-in-time
Preferred shares, authorized shares	`PreferredStockSharesAuthorized`	150.00M	shares	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$1.32M	USD	Point-in-time
Preferred shares, authorized shares	`PreferredStockSharesAuthorized`	150.00M	shares	Point-in-time
Intangible lease assets	`FiniteLivedIntangibleAssetsGrossExcludingRealEstateHeldForSale`	$74.97M	USD	Point-in-time
Preferred shares, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred shares, issued shares	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Intangible lease assets	`FiniteLivedIntangibleAssetsGrossExcludingRealEstateHeldForSale`	$66.42M	USD	Point-in-time
Total real estate investments, at cost	`RealEstateInvestmentsAtCost`	$1.38B	USD	Point-in-time
Preferred shares, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total real estate investments, at cost	`RealEstateInvestmentsAtCost`	$1.76B	USD	Point-in-time
Preferred shares, outstanding shares	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common shares, par value per share	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Less: accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciationAndAmortization`	$43.63M	USD	Point-in-time
Less: accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciationAndAmortization`	$51.85M	USD	Point-in-time
Common shares, par value per share	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Less: accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciationAndAmortization`	$79.48M	USD	Point-in-time
Common shares, authorized shares	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Total real estate investments, net	`RealEstateInvestmentsNet`	$1.68B	USD	Point-in-time
Total real estate investments, net	`RealEstateInvestmentsNet`	$1.33B	USD	Point-in-time
Common shares, authorized shares	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common shares, issued shares	`CommonStockSharesIssued`	79.67M	shares	Point-in-time
Common shares, issued shares	`CommonStockSharesIssued`	43.75M	shares	Point-in-time
Loans and direct financing lease receivables, net	`NotesReceivableNet`	$62.51M	USD	Point-in-time
Loans and direct financing lease receivables, net	`NotesReceivableNet`	$17.50M	USD	Point-in-time
Net investments	`NetInvestmentsInRealEstateRelatedAssets`	$1.26B	USD	Point-in-time
Net investments	`NetInvestmentsInRealEstateRelatedAssets`	$1.34B	USD	Point-in-time
Common shares, outstanding shares	`CommonStockSharesOutstanding`	43.75M	shares	Point-in-time
Common shares, outstanding shares	`CommonStockSharesOutstanding`	79.67M	shares	Point-in-time
Net investments	`NetInvestmentsInRealEstateRelatedAssets`	$1.74B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$23.45M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$14.07M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$73.27M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$17.65M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.24M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$13.19M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$12.00M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$2.78M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$809.00K	USD	Point-in-time
Straight-line rent receivable, net	`StraightLineRentReceivableNet`	$22.59M	USD	Point-in-time
Straight-line rent receivable, net	`StraightLineRentReceivableNet`	$14.26M	USD	Point-in-time
Prepaid expenses and other assets, net	`PrepaidExpenseAndOtherAssets`	$18.36M	USD	Point-in-time
Prepaid expenses and other assets, net	`PrepaidExpenseAndOtherAssets`	$7.71M	USD	Point-in-time
Total assets	`Assets`	$1.38B	USD	Point-in-time
Total assets	`Assets`	$1.81B	USD	Point-in-time
Secured borrowings, net of deferred financing costs	`SecuredBorrowingsNetOfDeferredFinancingCosts`	$506.12M	USD	Point-in-time
Secured borrowings, net of deferred financing costs	`SecuredBorrowingsNetOfDeferredFinancingCosts`	$305.70M	USD	Point-in-time
Unsecured term loan, net of deferred financing costs	`UnsecuredDebt`	$199.14M	USD	Point-in-time
Unsecured term loan, net of deferred financing costs	`UnsecuredDebt`	-	USD	Point-in-time
Revolving credit facility	`LineOfCredit`	$155.00M	USD	Point-in-time
Revolving credit facility	`LineOfCredit`	$34.00M	USD	Point-in-time
Intangible lease liabilities, net	`BelowMarketLeaseNet`	$11.62M	USD	Point-in-time
Intangible lease liabilities, net	`BelowMarketLeaseNet`	$9.63M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrentAndNoncurrent`	$14.07M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrentAndNoncurrent`	$17.65M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrentAndNoncurrent`	$13.19M	USD	Point-in-time
Accrued liabilities and other payables	`AccruedLiabilitiesAndOtherLiabilities`	$4.94M	USD	Point-in-time
Accrued liabilities and other payables	`AccruedLiabilitiesAndOtherLiabilities`	$17.32M	USD	Point-in-time
Total liabilities	`Liabilities`	$704.45M	USD	Point-in-time
Total liabilities	`Liabilities`	$569.86M	USD	Point-in-time
Commitments and contingencies (see Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (see Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value; 150,000,000 authorized; none issued and outstanding as of September 30, 2019 and December 31, 2018	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value; 150,000,000 authorized; none issued and outstanding as of September 30, 2019 and December 31, 2018	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value; 500,000,000 authorized; 79,672,970 and 43,749,092 issued and outstanding as of September 30, 2019 and December 31, 2018, respectively	`CommonStockValue`	$431.00K	USD	Point-in-time
Common stock, $0.01 par value; 500,000,000 authorized; 79,672,970 and 43,749,092 issued and outstanding as of September 30, 2019 and December 31, 2018, respectively	`CommonStockValue`	$796.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$569.41M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$1.12B	USD	Point-in-time
Distributions in excess of cumulative earnings	`RetainedEarningsAccumulatedDeficit`	$-7.66M	USD	Point-in-time
Distributions in excess of cumulative earnings	`RetainedEarningsAccumulatedDeficit`	$-22.73M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-5.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$562.18M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.09B	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$248.86M	USD	Point-in-time
Non-controlling interests	`MinorityInterest`	$7.67M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$232.75M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.03B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$811.04M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$814.89M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$784.44M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.04B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$181.40M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.10B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.38B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.81B	USD	Point-in-time

Income Statement 94 line items

Line Item	Tag	Value	Unit	Period
Interest expense related parties	`InterestExpenseRelatedParty`	-	USD	1 Quarter
Interest expense related parties	`InterestExpenseRelatedParty`	-	USD	1 Quarter
Interest expense related parties	`InterestExpenseRelatedParty`	-	USD	3 Qtrs
Interest expense related parties	`InterestExpenseRelatedParty`	$4.60M	USD	3 Qtrs
Rental revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$97.84M	USD	3 Qtrs
Rental revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$34.96M	USD	1 Quarter
Rental revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$67.12M	USD	3 Qtrs
Rental revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$25.50M	USD	1 Quarter
Interest on loans and direct financing lease receivables	`InterestIncomeOnLoansAndDirectFinancingLeaseReceivables`	$940.00K	USD	1 Quarter
Interest on loans and direct financing lease receivables	`InterestIncomeOnLoansAndDirectFinancingLeaseReceivables`	$379.00K	USD	3 Qtrs
Interest on loans and direct financing lease receivables	`InterestIncomeOnLoansAndDirectFinancingLeaseReceivables`	$220.00K	USD	1 Quarter
Interest on loans and direct financing lease receivables	`InterestIncomeOnLoansAndDirectFinancingLeaseReceivables`	$1.67M	USD	3 Qtrs
Other revenue, net	`OtherIncome`	$641.00K	USD	3 Qtrs
Other revenue, net	`OtherIncome`	$26.00K	USD	1 Quarter
Other revenue, net	`OtherIncome`	$393.00K	USD	1 Quarter
Other revenue, net	`OtherIncome`	$75.00K	USD	3 Qtrs
Total revenues	`Revenues`	$25.74M	USD	1 Quarter
Total revenues	`Revenues`	$100.15M	USD	3 Qtrs
Total revenues	`Revenues`	$67.57M	USD	3 Qtrs
Total revenues	`Revenues`	$36.29M	USD	1 Quarter
Interest (including $4,603 to related parties during the nine months ended September 30, 2018)	`InterestExpense`	$7.21M	USD	1 Quarter
Interest (including $4,603 to related parties during the nine months ended September 30, 2018)	`InterestExpense`	$23.47M	USD	3 Qtrs
Interest (including $4,603 to related parties during the nine months ended September 30, 2018)	`InterestExpense`	$6.56M	USD	1 Quarter
Interest (including $4,603 to related parties during the nine months ended September 30, 2018)	`InterestExpense`	$20.07M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$7.53M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$16.45M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$9.87M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$3.53M	USD	1 Quarter
Property expenses	`CostOfPropertyRepairsAndMaintenance`	$494.00K	USD	1 Quarter
Property expenses	`CostOfPropertyRepairsAndMaintenance`	$442.00K	USD	1 Quarter
Property expenses	`CostOfPropertyRepairsAndMaintenance`	$1.22M	USD	3 Qtrs
Property expenses	`CostOfPropertyRepairsAndMaintenance`	$2.33M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$22.84M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$30.37M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$11.14M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$8.76M	USD	1 Quarter
Provision for impairment of real estate	`AssetImpairmentCharges`	-	USD	1 Quarter
Provision for impairment of real estate	`AssetImpairmentCharges`	$3.53M	USD	3 Qtrs
Provision for impairment of real estate	`AssetImpairmentCharges`	$770.00K	USD	1 Quarter
Provision for impairment of real estate	`AssetImpairmentCharges`	$1.92M	USD	3 Qtrs
Total expenses	`CostsAndExpenses`	$20.12M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$60.94M	USD	3 Qtrs
Total expenses	`CostsAndExpenses`	$71.15M	USD	3 Qtrs
Total expenses	`CostsAndExpenses`	$26.32M	USD	1 Quarter
Gain on dispositions of real estate, net	`GainsLossesOnSalesOfInvestmentRealEstate`	$1.46M	USD	1 Quarter
Gain on dispositions of real estate, net	`GainsLossesOnSalesOfInvestmentRealEstate`	$5.10M	USD	3 Qtrs
Gain on dispositions of real estate, net	`GainsLossesOnSalesOfInvestmentRealEstate`	$8.24M	USD	3 Qtrs
Gain on dispositions of real estate, net	`GainsLossesOnSalesOfInvestmentRealEstate`	$4.09M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$7.08M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$14.06M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$37.24M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$11.74M	USD	3 Qtrs
Loss on repurchase of secured borrowings	`GainLossOnRepurchaseOfDebtInstrument`	$-4.35M	USD	3 Qtrs
Interest	`InterestIncomeOther`	$719.00K	USD	3 Qtrs
Interest	`InterestIncomeOther`	$114.00K	USD	1 Quarter
Interest	`InterestIncomeOther`	$723.00K	USD	3 Qtrs
Interest	`InterestIncomeOther`	$655.00K	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$7.73M	USD	1 Quarter
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$33.61M	USD	3 Qtrs
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$12.46M	USD	3 Qtrs
Income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$14.17M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$66.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$26.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$143.00K	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$209.00K	USD	3 Qtrs
Net income	`ProfitLoss`	$14.11M	USD	1 Quarter
Net income	`ProfitLoss`	$3.18M	USD	1 Quarter
Net income	`ProfitLoss`	$8.72M	USD	1 Quarter
Net income	`ProfitLoss`	$1.11M	USD	1 Quarter
Net income	`ProfitLoss`	$10.57M	USD	1 Quarter
Net income	`ProfitLoss`	$7.71M	USD	1 Quarter
Net income	`ProfitLoss`	$12.31M	USD	3 Qtrs
Net income	`ProfitLoss`	$321.00K	USD	Point-in-time
Net income	`ProfitLoss`	$33.40M	USD	3 Qtrs
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.08M	USD	3 Qtrs
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$861.00K	USD	1 Quarter
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.48M	USD	3 Qtrs
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.38M	USD	1 Quarter
Net income attributable to stockholders and members	`NetIncomeLoss`	$13.24M	USD	1 Quarter
Net income attributable to stockholders and members	`NetIncomeLoss`	$9.83M	USD	3 Qtrs
Net income attributable to stockholders and members	`NetIncomeLoss`	$5.32M	USD	1 Quarter
Net income attributable to stockholders and members	`NetIncomeLoss`	$27.32M	USD	3 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	72.48M	shares	1 Quarter
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	58.38M	shares	3 Qtrs
Basic weighted average shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	42.36M	shares	1 Quarter
Basic net income per share	`EarningsPerShareBasic`	$0.46	USD	3 Qtrs
Basic net income per share	`EarningsPerShareBasic`	$0.18	USD	1 Quarter
Basic net income per share	`EarningsPerShareBasic`	$0.12	USD	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	73.02M	shares	3 Qtrs
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	77.61M	shares	1 Quarter
Diluted weighted average shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	61.47M	shares	1 Quarter
Diluted net income per share	`EarningsPerShareDiluted`	$0.18	USD	1 Quarter
Diluted net income per share	`EarningsPerShareDiluted`	$0.45	USD	3 Qtrs
Diluted net income per share	`EarningsPerShareDiluted`	$0.12	USD	1 Quarter

Cash Flow Statement 113 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$14.11M	USD	1 Quarter
Net income	`ProfitLoss`	$3.18M	USD	1 Quarter
Net income	`ProfitLoss`	$8.72M	USD	1 Quarter
Net income	`ProfitLoss`	$1.11M	USD	1 Quarter
Net income	`ProfitLoss`	$10.57M	USD	1 Quarter
Net income	`ProfitLoss`	$7.71M	USD	1 Quarter
Net income	`ProfitLoss`	$12.31M	USD	3 Qtrs
Net income	`ProfitLoss`	$321.00K	USD	Point-in-time
Net income	`ProfitLoss`	$33.40M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndLeaseIntangibleAmortization`	$22.84M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndLeaseIntangibleAmortization`	$30.37M	USD	3 Qtrs
Amortization of lease incentive	`AmortizationOfLeaseIncentives`	$206.00K	USD	3 Qtrs
Amortization of lease incentive	`AmortizationOfLeaseIncentives`	$116.00K	USD	3 Qtrs
Amortization of above/below market leases and right of use assets, net	`AmortizationOfAboveOrBelowMarketLeasesAndRightOfUseAssetsNet`	$529.00K	USD	3 Qtrs
Amortization of above/below market leases and right of use assets, net	`AmortizationOfAboveOrBelowMarketLeasesAndRightOfUseAssetsNet`	$283.00K	USD	3 Qtrs
Amortization of deferred financing costs and other assets	`AmortizationOfDeferredFinancingCostsAndOtherAssets`	$2.17M	USD	3 Qtrs
Amortization of deferred financing costs and other assets	`AmortizationOfDeferredFinancingCostsAndOtherAssets`	$1.98M	USD	3 Qtrs
Loss on repurchase of secured borrowings	`GainLossOnRepurchaseOfDebtInstrument`	$-4.35M	USD	3 Qtrs
Provision for impairment of real estate	`AssetImpairmentCharges`	-	USD	1 Quarter
Provision for impairment of real estate	`AssetImpairmentCharges`	$3.53M	USD	3 Qtrs
Provision for impairment of real estate	`AssetImpairmentCharges`	$770.00K	USD	1 Quarter
Provision for impairment of real estate	`AssetImpairmentCharges`	$1.92M	USD	3 Qtrs
Gain on dispositions of real estate, net	`GainsLossesOnSalesOfInvestmentRealEstate`	$1.46M	USD	1 Quarter
Gain on dispositions of real estate, net	`GainsLossesOnSalesOfInvestmentRealEstate`	$5.10M	USD	3 Qtrs
Gain on dispositions of real estate, net	`GainsLossesOnSalesOfInvestmentRealEstate`	$8.24M	USD	3 Qtrs
Gain on dispositions of real estate, net	`GainsLossesOnSalesOfInvestmentRealEstate`	$4.09M	USD	1 Quarter
Straight-line rent receivable	`StraightLineRent`	$8.88M	USD	3 Qtrs
Straight-line rent receivable	`StraightLineRent`	$5.77M	USD	3 Qtrs
Equity-based compensation expense	`EquityBasedCompensation`	$1.40M	USD	3 Qtrs
Equity-based compensation expense	`EquityBasedCompensation`	$5.22M	USD	3 Qtrs
Adjustment to rental revenue for tenant credit/allowance for doubtful accounts	`AdjustmentToRentalRevenueForTenantCreditAllowanceForDoubtfulAccounts`	$25.00K	USD	3 Qtrs
Adjustment to rental revenue for tenant credit/allowance for doubtful accounts	`AdjustmentToRentalRevenueForTenantCreditAllowanceForDoubtfulAccounts`	$311.00K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-179.00K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.65M	USD	3 Qtrs
Accrued liabilities and other payables	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$-3.30M	USD	3 Qtrs
Accrued liabilities and other payables	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$1.49M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$28.78M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$60.91M	USD	3 Qtrs
Proceeds from sales of investments, net	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$51.71M	USD	3 Qtrs
Proceeds from sales of investments, net	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$40.91M	USD	3 Qtrs
Principal collections on loans and direct financing lease receivables	`ProceedsFromCollectionOfLoansAndDirectFinanceLeaseReceivables`	$4.69M	USD	3 Qtrs
Principal collections on loans and direct financing lease receivables	`ProceedsFromCollectionOfLoansAndDirectFinanceLeaseReceivables`	$55.00K	USD	3 Qtrs
Investments in loans receivable	`PaymentsToAcquireLoansReceivable`	$10.38M	USD	3 Qtrs
Investments in loans receivable	`PaymentsToAcquireLoansReceivable`	$58.87M	USD	3 Qtrs
Deposits for prospective real estate investments	`PaymentsForProceedsFromDepositsOnRealEstateAcquisitions`	$150.00K	USD	3 Qtrs
Deposits for prospective real estate investments	`PaymentsForProceedsFromDepositsOnRealEstateAcquisitions`	$3.99M	USD	3 Qtrs
Investment in real estate, including capital expenditures	`PaymentsToAcquireRealEstateHeldForInvestment`	$387.60M	USD	3 Qtrs
Investment in real estate, including capital expenditures	`PaymentsToAcquireRealEstateHeldForInvestment`	$404.54M	USD	3 Qtrs
Investment in construction in progress	`PaymentsForInvestmentInConstructionInProgress`	$14.31M	USD	3 Qtrs
Investment in construction in progress	`PaymentsForInvestmentInConstructionInProgress`	$12.38M	USD	3 Qtrs
Lease incentives paid	`PaymentsForLeaseIncentives`	$2.04M	USD	3 Qtrs
Lease incentives paid	`PaymentsForLeaseIncentives`	$269.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-425.41M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-371.74M	USD	3 Qtrs
Proceeds from issuance of notes payable to related parties	`ProceedsFromNotesPayableToRelatedParties`	$154.00M	USD	3 Qtrs
Payments of principal on notes payable to related parties	`RepaymentsOfNotesPayableToRelatedParties`	$384.00M	USD	3 Qtrs
Repayments of secured borrowings	`RepaymentsOfSecuredDebt`	$5.97M	USD	3 Qtrs
Repayments of secured borrowings	`RepaymentsOfSecuredDebt`	$5.88M	USD	3 Qtrs
Repurchase of secured borrowings	`RepaymentsOfNotesPayable`	$201.40M	USD	3 Qtrs
Principal received on repurchased secured borrowings	`PrincipalReceivedOnRepurchasedSecuredBorrowings`	$1.42M	USD	3 Qtrs
Borrowings under term loan facility	`ProceedsFromIssuanceOfLongTermDebt`	$200.00M	USD	3 Qtrs
Borrowings under revolving credit facility	`ProceedsFromLinesOfCredit`	$278.00M	USD	3 Qtrs
Repayments under revolving credit facility	`RepaymentsOfLinesOfCredit`	$157.00M	USD	3 Qtrs
Deferred financing costs	`PaymentsForProceedsFromDebtIssuanceCostsAndRefunds`	$2.47M	USD	3 Qtrs
Deferred financing costs	`PaymentsForProceedsFromDebtIssuanceCostsAndRefunds`	$3.31M	USD	3 Qtrs
Capital contributions by members in Predecessor	`ContributionsFromMembersInPredecessor`	$50.00M	USD	3 Qtrs
Proceeds from issuance of common stock, net	`ProceedsFromIssuanceOfCommonStock`	$309.77M	USD	3 Qtrs
Proceeds from issuance of common stock, net	`ProceedsFromIssuanceOfCommonStock`	$464.18M	USD	3 Qtrs
Offering costs	`PaymentsOfStockIssuanceCosts`	$2.40M	USD	3 Qtrs
Offering costs	`PaymentsOfStockIssuanceCosts`	$1.61M	USD	3 Qtrs
Dividends paid	`PaymentsOfDividends`	$46.25M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$374.48M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$397.61M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$54.65M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$9.98M	USD	3 Qtrs
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$74.08M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.43M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$26.22M	USD	Point-in-time
Cash and cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.24M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$74.08M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.43M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$26.22M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.24M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$23.45M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$73.27M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.24M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$12.00M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$2.78M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$809.00K	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$74.08M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.43M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$26.22M	USD	Point-in-time
Cash and cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.24M	USD	Point-in-time
Cash paid for interest, net of amounts capitalized	`InterestPaidNet`	$22.09M	USD	3 Qtrs
Cash paid for interest, net of amounts capitalized	`InterestPaidNet`	$22.76M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$48.00K	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$60.00K	USD	3 Qtrs
Reclassification from construction in progress upon project completion	`ReclassificationFromConstructionInProgressUponProjectCompletion`	$3.47M	USD	3 Qtrs
Reclassification from construction in progress upon project completion	`ReclassificationFromConstructionInProgressUponProjectCompletion`	$14.45M	USD	3 Qtrs
Net settlement of proceeds on the purchase and sale of investments	`NoncashOrPartNoncashAcquisitionInvestmentsAcquired1`	$4.96M	USD	3 Qtrs
Non-cash investments in real estate and loan receivable activity	`TransferToInvestments`	$9.18M	USD	3 Qtrs
Lease liabilities arising from the recognition of right of use assets	`NonCashLeaseLiabilitiesArisingFromRecognitionOfRightOfUseAssets`	$4.82M	USD	3 Qtrs
Unrealized losses on cash flow hedges	`UnrealizedGainLossOnCashFlowHedgingInstruments`	$5.98M	USD	3 Qtrs
Contribution of Predecessor equity in exchange for OP Units	`NoncashContributionOfPredecessorEquityInExchangeForOperatingPartnershipUnits`	$236.13M	USD	3 Qtrs
Conversion of equity in Secondary Offering	`ConversionOfStockAmountConverted1`	$237.79M	USD	3 Qtrs
Payable and accrued offering costs	`NonCashPayableAndAccruedFollowOnOfferingCosts`	$122.00K	USD	3 Qtrs
Payable and accrued offering costs	`NonCashPayableAndAccruedFollowOnOfferingCosts`	$3.08M	USD	3 Qtrs
Discounts and fees on capital raised through issuance of common stock	`DiscountsAndFeesOnCapitalRaisedThroughIssuanceOfCommonStock`	$10.76M	USD	3 Qtrs
Discounts and fees on capital raised through issuance of common stock	`DiscountsAndFeesOnCapitalRaisedThroughIssuanceOfCommonStock`	$29.63M	USD	3 Qtrs
Payable and accrued deferred financing costs	`NoncashPayableAndAccruedDeferredFinancingCosts`	$271.00K	USD	3 Qtrs
Dividends declared	`DividendsPayableCurrentAndNoncurrent`	$14.07M	USD	Point-in-time
Dividends declared	`DividendsPayableCurrentAndNoncurrent`	$17.65M	USD	Point-in-time
Dividends declared	`DividendsPayableCurrentAndNoncurrent`	$13.19M	USD	Point-in-time

Stockholders Equity 60 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$232.75M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.03B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$811.04M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$814.89M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$784.44M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.04B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$181.40M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.10B	USD	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	43.75M	shares	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	79.67M	shares	Point-in-time
Initial public offering/common stock issuance	`StockIssuedDuringPeriodValueNewIssues`	$38.81M	USD	1 Quarter
Initial public offering/common stock issuance	`StockIssuedDuringPeriodValueNewIssues`	$455.00M	USD	Point-in-time
Initial public offering/common stock issuance	`StockIssuedDuringPeriodValueNewIssues`	$75.00M	USD	1 Quarter
Initial public offering/common stock issuance	`StockIssuedDuringPeriodValueNewIssues`	$245.53M	USD	1 Quarter
Concurrent private placement of common stock	`PrivatePlacement`	$109.00M	USD	Point-in-time
Concurrent private placement of OP Units	`ConcurrentPrivatePlacementOfOPUnits`	$16.00M	USD	Point-in-time
Costs related to issuance of common stock/initial public offering	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$10.89M	USD	1 Quarter
Costs related to issuance of common stock/initial public offering	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$1.61M	USD	1 Quarter
Costs related to issuance of common stock/initial public offering	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$3.05M	USD	1 Quarter
Costs related to issuance of common stock/initial public offering	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$32.05M	USD	Point-in-time
Unrealized losses on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$2.01M	USD	1 Quarter
Unrealized losses on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$3.77M	USD	1 Quarter
Cash flow hedge gains reclassified to interest expense	`InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet`	$-94.00K	USD	1 Quarter
Cash flow hedge gains reclassified to interest expense	`InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet`	$-99.00K	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$823.00K	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$46.00K	USD	Point-in-time
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.01M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.03M	USD	1 Quarter
Share-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.05M	USD	1 Quarter
Contributions	`CapitalAccountContributions`	$50.00M	USD	1 Quarter
Unit-based compensation expense	`MembersAccountUnitBasedCompensation`	$242.00K	USD	1 Quarter
Unit-based compensation expense	`MembersAccountUnitBasedCompensation`	$227.00K	USD	1 Quarter
Unit-based compensation expense	`MembersAccountUnitBasedCompensation`	$216.00K	USD	1 Quarter
Unit-based compensation expense	`MembersAccountUnitBasedCompensation`	$201.00K	USD	1 Quarter
Unit-based compensation expense	`MembersAccountUnitBasedCompensation`	$228.00K	USD	1 Quarter
Unit-based compensation expense	`MembersAccountUnitBasedCompensation`	$1.72M	USD	1 Quarter
Dividends declared on common stock and OP Units	`DividendsDeclaredOnCommonStockAndOperatingPartnersUnits`	$16.92M	USD	1 Quarter
Dividends declared on common stock and OP Units	`DividendsDeclaredOnCommonStockAndOperatingPartnersUnits`	$16.14M	USD	1 Quarter
Dividends declared on common stock and OP Units	`DividendsDeclaredOnCommonStockAndOperatingPartnersUnits`	$17.65M	USD	1 Quarter
Dividends declared on common stock and OP Units	`DividendsDeclaredOnCommonStockAndOperatingPartnersUnits`	$14.07M	USD	1 Quarter
Net income	`ProfitLoss`	$14.11M	USD	1 Quarter
Net income	`ProfitLoss`	$3.18M	USD	1 Quarter
Net income	`ProfitLoss`	$8.72M	USD	1 Quarter
Net income	`ProfitLoss`	$1.11M	USD	1 Quarter
Net income	`ProfitLoss`	$10.57M	USD	1 Quarter
Net income	`ProfitLoss`	$7.71M	USD	1 Quarter
Net income	`ProfitLoss`	$12.31M	USD	3 Qtrs
Net income	`ProfitLoss`	$321.00K	USD	Point-in-time
Net income	`ProfitLoss`	$33.40M	USD	3 Qtrs
Net income	`ProfitLossSinceIPO`	$7.71M	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$232.75M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.03B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$811.04M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$814.89M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$784.44M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.04B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$181.40M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.10B	USD	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	43.75M	shares	Point-in-time
Balance, shares	`CommonStockSharesOutstanding`	79.67M	shares	Point-in-time

Comprehensive Income 29 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$14.11M	USD	1 Quarter
Net income	`ProfitLoss`	$3.18M	USD	1 Quarter
Net income	`ProfitLoss`	$8.72M	USD	1 Quarter
Net income	`ProfitLoss`	$1.11M	USD	1 Quarter
Net income	`ProfitLoss`	$10.57M	USD	1 Quarter
Net income	`ProfitLoss`	$7.71M	USD	1 Quarter
Net income	`ProfitLoss`	$12.31M	USD	3 Qtrs
Net income	`ProfitLoss`	$321.00K	USD	Point-in-time
Net income	`ProfitLoss`	$33.40M	USD	3 Qtrs
Unrealized loss on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-5.78M	USD	3 Qtrs
Unrealized loss on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$-2.01M	USD	1 Quarter
Cash flow hedge gains reclassified to interest expense	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$94.00K	USD	1 Quarter
Cash flow hedge gains reclassified to interest expense	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$193.00K	USD	3 Qtrs
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-2.10M	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-5.98M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$27.42M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$12.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$12.31M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$7.71M	USD	1 Quarter
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.08M	USD	3 Qtrs
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$861.00K	USD	1 Quarter
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.48M	USD	3 Qtrs
Net income attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.38M	USD	1 Quarter
Adjustment for cash flow hedge losses attributable to non-controlling interests	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxNoncontrollingInterest`	$-975.00K	USD	3 Qtrs
Adjustment for cash flow hedge losses attributable to non-controlling interests	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxNoncontrollingInterest`	$-15.00K	USD	1 Quarter
Comprehensive income attributable to stockholders and members	`ComprehensiveIncomeNetOfTax`	$9.83M	USD	3 Qtrs
Comprehensive income attributable to stockholders and members	`ComprehensiveIncomeNetOfTax`	$22.32M	USD	3 Qtrs
Comprehensive income attributable to stockholders and members	`ComprehensiveIncomeNetOfTax`	$5.32M	USD	1 Quarter
Comprehensive income attributable to stockholders and members	`ComprehensiveIncomeNetOfTax`	$11.16M	USD	1 Quarter

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