10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001628280-17-005345 |
| Period End Date | 20170331 |
| Filing Date | 20170510 |
| Fiscal Year | 2017 |
| Fiscal Period | Q1 |
| XBRL Instance | cmct-20170331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
60 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Investments in real estate, net |
RealEstateInvestmentPropertyNet
|
$1.61B | USD | Point-in-time |
| Investments in real estate, net |
RealEstateInvestmentPropertyNet
|
$1.51B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$404.35M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$102.46M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$139.10M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$144.45M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$32.16M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$27.77M | USD | Point-in-time |
| Accounts receivable, net |
AccountsAndNotesReceivableNet
|
$13.09M | USD | Point-in-time |
| Accounts receivable, net |
AccountsAndNotesReceivableNet
|
$12.83M | USD | Point-in-time |
| Deferred rent receivable and charges, net |
DeferredRentReceivableAndChargesNet
|
$116.35M | USD | Point-in-time |
| Deferred rent receivable and charges, net |
DeferredRentReceivableAndChargesNet
|
$106.74M | USD | Point-in-time |
| Other intangible assets, net |
FiniteLivedIntangibleAssetsNet
|
$17.20M | USD | Point-in-time |
| Other intangible assets, net |
FiniteLivedIntangibleAssetsNet
|
$17.62M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$92.27M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$91.45M | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$2.02B | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$2.17B | USD | Point-in-time |
| Common stock, par value (in usd per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common stock, par value (in usd per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Common stock, authorized shares |
CommonStockSharesAuthorized
|
900.00M | shares | Point-in-time |
| Debt, net |
DebtAndCapitalLeaseObligations
|
$967.89M | USD | Point-in-time |
| Debt, net |
DebtAndCapitalLeaseObligations
|
$939.33M | USD | Point-in-time |
| Common stock, authorized shares |
CommonStockSharesAuthorized
|
900.00M | shares | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$39.16M | USD | Point-in-time |
| Common stock, issued shares |
CommonStockSharesIssued
|
84.05M | shares | Point-in-time |
| Common stock, issued shares |
CommonStockSharesIssued
|
84.05M | shares | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$33.10M | USD | Point-in-time |
| Intangible liabilities, net |
BelowMarketLeaseNet
|
$3.58M | USD | Point-in-time |
| Common stock, outstanding shares |
CommonStockSharesOutstanding
|
84.05M | shares | Point-in-time |
| Common stock, outstanding shares |
CommonStockSharesOutstanding
|
84.05M | shares | Point-in-time |
| Intangible liabilities, net |
BelowMarketLeaseNet
|
$1.43M | USD | Point-in-time |
| Due to related parties |
DueToRelatedPartiesCurrentAndNoncurrent
|
$10.10M | USD | Point-in-time |
| Due to related parties |
DueToRelatedPartiesCurrentAndNoncurrent
|
$10.20M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$34.84M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$34.06M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.02B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.05B | USD | Point-in-time |
| COMMITMENTS AND CONTINGENCIES (Note 16) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| COMMITMENTS AND CONTINGENCIES (Note 16) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| REDEEMABLE PREFERRED STOCK: Series A, $0.001 par value; 36,000,000 shares authorized; 144,698 and 61,435 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively; liquidation preference of $25.00 per share |
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
|
$1.43M | USD | Point-in-time |
| REDEEMABLE PREFERRED STOCK: Series A, $0.001 par value; 36,000,000 shares authorized; 144,698 and 61,435 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively; liquidation preference of $25.00 per share |
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
|
$3.32M | USD | Point-in-time |
| Common stock, $0.001 par value; 900,000,000 shares authorized; 84,048,081 shares issued and outstanding |
CommonStockValue
|
$84.00K | USD | Point-in-time |
| Common stock, $0.001 par value; 900,000,000 shares authorized; 84,048,081 shares issued and outstanding |
CommonStockValue
|
$84.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$1.57B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$1.57B | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossBeforeTax1
|
$-509.00K | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossBeforeTax1
|
$1.04M | USD | Point-in-time |
| Distributions in excess of earnings |
RetainedEarningsAccumulatedDeficit
|
$-424.46M | USD | Point-in-time |
| Distributions in excess of earnings |
RetainedEarningsAccumulatedDeficit
|
$-599.97M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$1.14B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$965.68M | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$912.00K | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$917.00K | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.14B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$966.59M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.30B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.30B | USD | Point-in-time |
| TOTAL LIABILITIES, REDEEMABLE PREFERRED STOCK AND EQUITY |
LiabilitiesAndStockholdersEquity
|
$2.02B | USD | Point-in-time |
| TOTAL LIABILITIES, REDEEMABLE PREFERRED STOCK AND EQUITY |
LiabilitiesAndStockholdersEquity
|
$2.17B | USD | Point-in-time |
Income Statement
54 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Rental and other property income |
OperatingLeaseAndOtherPropertyRevenue
|
$62.85M | USD | 1 Quarter |
| Rental and other property income |
OperatingLeaseAndOtherPropertyRevenue
|
$60.81M | USD | 1 Quarter |
| Expense reimbursements |
TenantReimbursements
|
$2.93M | USD | 1 Quarter |
| Expense reimbursements |
TenantReimbursements
|
$3.03M | USD | 1 Quarter |
| Interest and other income |
InterestAndOtherOperatingIncome
|
$2.84M | USD | 1 Quarter |
| Interest and other income |
InterestAndOtherOperatingIncome
|
$3.11M | USD | 1 Quarter |
| REVENUES |
Revenues
|
$66.95M | USD | 1 Quarter |
| REVENUES |
Revenues
|
$68.62M | USD | 1 Quarter |
| Rental and other property operating |
DirectCostsOfLeasedRentedAndOtherPropertyOperating
|
$22.96M | USD | 1 Quarter |
| Rental and other property operating |
DirectCostsOfLeasedRentedAndOtherPropertyOperating
|
$31.28M | USD | 1 Quarter |
| Asset management and other fees to related parties |
RelatedPartyAssetManagementFeesAndOtherFees
|
$8.63M | USD | 1 Quarter |
| Asset management and other fees to related parties |
RelatedPartyAssetManagementFeesAndOtherFees
|
$8.70M | USD | 1 Quarter |
| Interest |
InterestExpense
|
$6.82M | USD | 1 Quarter |
| Interest |
InterestExpense
|
$9.77M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$1.94M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$1.68M | USD | 1 Quarter |
| Transaction costs |
BusinessCombinationAcquisitionRelatedCosts
|
$13.00K | USD | 1 Quarter |
| Transaction costs |
BusinessCombinationAcquisitionRelatedCosts
|
$149.00K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$18.06M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$17.23M | USD | 1 Quarter |
| EXPENSES |
CostsAndExpenses
|
$66.87M | USD | 1 Quarter |
| EXPENSES |
CostsAndExpenses
|
$60.36M | USD | 1 Quarter |
| Gain on sale of real estate |
GainsLossesOnSalesOfInvestmentRealEstate
|
$187.73M | USD | 1 Quarter |
| Gain on sale of real estate |
GainsLossesOnSalesOfInvestmentRealEstate
|
$24.74M | USD | 1 Quarter |
| INCOME FROM CONTINUING OPERATIONS BEFORE PROVISION FOR INCOME TAXES |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$26.48M | USD | 1 Quarter |
| INCOME FROM CONTINUING OPERATIONS BEFORE PROVISION FOR INCOME TAXES |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$194.33M | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$392.00K | USD | 1 Quarter |
| Provision for income taxes |
IncomeTaxExpenseBenefit
|
$190.00K | USD | 1 Quarter |
| NET INCOME FROM CONTINUING OPERATIONS |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$26.29M | USD | 1 Quarter |
| NET INCOME FROM CONTINUING OPERATIONS |
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
$193.94M | USD | 1 Quarter |
| Income from operations of assets held for sale |
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
|
- | USD | 1 Quarter |
| Income from operations of assets held for sale |
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
|
$690.00K | USD | 1 Quarter |
| NET INCOME FROM DISCONTINUED OPERATIONS |
IncomeLossFromDiscontinuedOperationsNetOfTax
|
$690.00K | USD | 1 Quarter |
| NET INCOME FROM DISCONTINUED OPERATIONS |
IncomeLossFromDiscontinuedOperationsNetOfTax
|
- | USD | 1 Quarter |
| NET INCOME |
ProfitLoss
|
$193.94M | USD | 1 Quarter |
| NET INCOME |
ProfitLoss
|
$26.98M | USD | 1 Quarter |
| Net income attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$5.00K | USD | 1 Quarter |
| Net income attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$3.00K | USD | 1 Quarter |
| NET INCOME ATTRIBUTABLE TO THE COMPANY |
NetIncomeLoss
|
$193.93M | USD | 1 Quarter |
| NET INCOME ATTRIBUTABLE TO THE COMPANY |
NetIncomeLoss
|
$26.98M | USD | 1 Quarter |
| Redeemable preferred stock dividends |
TemporaryEquityDividendsAdjustment
|
$31.00K | USD | 1 Quarter |
| Redeemable preferred stock dividends |
TemporaryEquityDividendsAdjustment
|
- | USD | 1 Quarter |
| NET INCOME AVAILABLE TO COMMON STOCKHOLDERS |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$193.90M | USD | 1 Quarter |
| NET INCOME AVAILABLE TO COMMON STOCKHOLDERS |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$26.98M | USD | 1 Quarter |
| Continuing operations (in usd per share) |
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
$2.31 | USD | 1 Quarter |
| Continuing operations (in usd per share) |
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
$0.27 | USD | 1 Quarter |
| Discontinued operations (in usd per share) |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
|
- | USD | 1 Quarter |
| Discontinued operations (in usd per share) |
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
|
$0.01 | USD | 1 Quarter |
| Net income (in usd per share) |
EarningsPerShareBasicAndDiluted
|
$2.31 | USD | 1 Quarter |
| Net income (in usd per share) |
EarningsPerShareBasicAndDiluted
|
$0.28 | USD | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
97.66M | shares | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
84.05M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
97.66M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
84.05M | shares | 1 Quarter |
Cash Flow Statement
113 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$193.94M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$26.98M | USD | 1 Quarter |
| Deferred rent and amortization of intangible assets, liabilities and lease inducements |
DeferredRentAndAmortizationOfIntangibleAssetsLiabilitiesAndLeaseInducements
|
$-2.38M | USD | 1 Quarter |
| Deferred rent and amortization of intangible assets, liabilities and lease inducements |
DeferredRentAndAmortizationOfIntangibleAssetsLiabilitiesAndLeaseInducements
|
$-1.61M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$18.06M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$17.23M | USD | 1 Quarter |
| Transfer of right to collect supplemental real estate tax reimbursements |
TransferofTaxReimbursementsRights
|
$5.10M | USD | 1 Quarter |
| Transfer of right to collect supplemental real estate tax reimbursements |
TransferofTaxReimbursementsRights
|
- | USD | 1 Quarter |
| Gain on sale of real estate |
GainsLossesOnSalesOfInvestmentRealEstate
|
$187.73M | USD | 1 Quarter |
| Gain on sale of real estate |
GainsLossesOnSalesOfInvestmentRealEstate
|
$24.74M | USD | 1 Quarter |
| Straight line rent, below-market ground lease and amortization of intangible assets |
StraightLineRentExpenseBelowMarketGroundLeaseAndAmortizationOfIntangibleAssets
|
$441.00K | USD | 1 Quarter |
| Straight line rent, below-market ground lease and amortization of intangible assets |
StraightLineRentExpenseBelowMarketGroundLeaseAndAmortizationOfIntangibleAssets
|
$443.00K | USD | 1 Quarter |
| Amortization of deferred loan costs |
AmortizationOfFinancingCosts
|
$308.00K | USD | 1 Quarter |
| Amortization of deferred loan costs |
AmortizationOfFinancingCosts
|
$826.00K | USD | 1 Quarter |
| Amortization of premiums and discounts on debt |
AmortizationOfDebtDiscountPremium
|
$-211.00K | USD | 1 Quarter |
| Amortization of premiums and discounts on debt |
AmortizationOfDebtDiscountPremium
|
$-160.00K | USD | 1 Quarter |
| Unrealized premium adjustment |
UnrealizedPremiumAdjustment
|
$395.00K | USD | 1 Quarter |
| Unrealized premium adjustment |
UnrealizedPremiumAdjustment
|
$253.00K | USD | 1 Quarter |
| Amortization and accretion on loans receivable, net |
AmortizationAndAccretionOnLoansReceivableNet
|
$200.00K | USD | 1 Quarter |
| Amortization and accretion on loans receivable, net |
AmortizationAndAccretionOnLoansReceivableNet
|
$-67.00K | USD | 1 Quarter |
| Bad debt expense (recovery) |
ProvisionForDoubtfulAccounts
|
$-168.00K | USD | 1 Quarter |
| Bad debt expense (recovery) |
ProvisionForDoubtfulAccounts
|
$65.00K | USD | 1 Quarter |
| Deferred income taxes |
DiscontinuedOperationDeferredIncomeTaxExpenseBenefit
|
$183.00K | USD | 1 Quarter |
| Deferred income taxes |
DiscontinuedOperationDeferredIncomeTaxExpenseBenefit
|
$42.00K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$49.00K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$32.00K | USD | 1 Quarter |
| Loans funded, held for sale to secondary market |
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
|
$10.04M | USD | 1 Quarter |
| Loans funded, held for sale to secondary market |
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
|
$6.30M | USD | 1 Quarter |
| Proceeds from sale of guaranteed loans |
ProceedsFromSaleOfLoansHeldForSale
|
$6.76M | USD | 1 Quarter |
| Proceeds from sale of guaranteed loans |
ProceedsFromSaleOfLoansHeldForSale
|
$9.34M | USD | 1 Quarter |
| Principal collected on loans subject to secured borrowings |
ProceedsFromCollectionOfLoansHeldForSale
|
$429.00K | USD | 1 Quarter |
| Principal collected on loans subject to secured borrowings |
ProceedsFromCollectionOfLoansHeldForSale
|
$1.55M | USD | 1 Quarter |
| Other operating activity |
OtherOperatingActivitiesCashFlowStatement
|
$-106.00K | USD | 1 Quarter |
| Other operating activity |
OtherOperatingActivitiesCashFlowStatement
|
$1.25M | USD | 1 Quarter |
| Accounts receivable and interest receivable |
IncreaseDecreaseInReceivables
|
$-261.00K | USD | 1 Quarter |
| Accounts receivable and interest receivable |
IncreaseDecreaseInReceivables
|
$1.40M | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$5.81M | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$3.51M | USD | 1 Quarter |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-4.99M | USD | 1 Quarter |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$129.00K | USD | 1 Quarter |
| Deferred leasing costs |
IncreaseDecreaseInDeferredLeasingFees
|
$910.00K | USD | 1 Quarter |
| Deferred leasing costs |
IncreaseDecreaseInDeferredLeasingFees
|
$3.94M | USD | 1 Quarter |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$1.02M | USD | 1 Quarter |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-109.00K | USD | 1 Quarter |
| Due to related parties |
IncreaseDecreaseInDueToRelatedParties
|
$-99.00K | USD | 1 Quarter |
| Due to related parties |
IncreaseDecreaseInDueToRelatedParties
|
$93.00K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$13.56M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$7.07M | USD | 1 Quarter |
| Additions to investments in real estate |
PaymentsToDevelopRealEstateAssets
|
$3.31M | USD | 1 Quarter |
| Additions to investments in real estate |
PaymentsToDevelopRealEstateAssets
|
$7.37M | USD | 1 Quarter |
| Proceeds from sale of real estate property, net |
ProceedsFromSaleOfRealEstateHeldforinvestment
|
$42.78M | USD | 1 Quarter |
| Proceeds from sale of real estate property, net |
ProceedsFromSaleOfRealEstateHeldforinvestment
|
$289.94M | USD | 1 Quarter |
| Loans funded |
PaymentsToAcquireLoansHeldForInvestment
|
$23.73M | USD | 1 Quarter |
| Loans funded |
PaymentsToAcquireLoansHeldForInvestment
|
$2.10M | USD | 1 Quarter |
| Principal collected on loans |
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
$2.36M | USD | 1 Quarter |
| Principal collected on loans |
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
$2.15M | USD | 1 Quarter |
| Restricted cash |
IncreaseDecreaseInRestrictedCash
|
$-4.38M | USD | 1 Quarter |
| Restricted cash |
IncreaseDecreaseInRestrictedCash
|
$42.56M | USD | 1 Quarter |
| Other investing activity |
PaymentsForProceedsFromOtherInvestingActivities
|
$-73.00K | USD | 1 Quarter |
| Other investing activity |
PaymentsForProceedsFromOtherInvestingActivities
|
$-56.00K | USD | 1 Quarter |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-28.45M | USD | 1 Quarter |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$291.13M | USD | 1 Quarter |
| Payment of mortgages payable |
RepaymentsOfFirstMortgageBond
|
$1.07M | USD | 1 Quarter |
| Payment of mortgages payable |
RepaymentsOfFirstMortgageBond
|
$26.48M | USD | 1 Quarter |
| Payment of principal on secured borrowings |
RepaymentsOfSecuredDebt
|
$429.00K | USD | 1 Quarter |
| Payment of principal on secured borrowings |
RepaymentsOfSecuredDebt
|
$1.55M | USD | 1 Quarter |
| Proceeds from secured borrowings |
ProceedsFromIssuanceOfSecuredDebt
|
- | USD | 1 Quarter |
| Proceeds from secured borrowings |
ProceedsFromIssuanceOfSecuredDebt
|
$9.90M | USD | 1 Quarter |
| Payment of deferred preferred stock offering costs |
PaymentsOfStockIssuanceCosts
|
$261.00K | USD | 1 Quarter |
| Payment of deferred preferred stock offering costs |
PaymentsOfStockIssuanceCosts
|
- | USD | 1 Quarter |
| Payment of deferred loan costs |
PaymentsOfLoanCosts
|
- | USD | 1 Quarter |
| Payment of deferred loan costs |
PaymentsOfLoanCosts
|
$4.00K | USD | 1 Quarter |
| Payment of common dividends |
PaymentsOfOrdinaryDividends
|
$18.39M | USD | 1 Quarter |
| Payment of common dividends |
PaymentsOfOrdinaryDividends
|
$21.36M | USD | 1 Quarter |
| Payment of borrowing costs |
PaymentsOfDebtIssuanceCosts
|
- | USD | 1 Quarter |
| Payment of borrowing costs |
PaymentsOfDebtIssuanceCosts
|
$6.00K | USD | 1 Quarter |
| Net proceeds from issuance of Warrants |
ProceedsFromIssuanceOfWarrants
|
$9.00K | USD | 3 Qtrs |
| Net proceeds from issuance of Warrants |
ProceedsFromIssuanceOfWarrants
|
$4.00K | USD | 1 Quarter |
| Net proceeds from issuance of Warrants |
ProceedsFromIssuanceOfWarrants
|
- | USD | 1 Quarter |
| Net proceeds from issuance of Series A Preferred Stock |
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
- | USD | 1 Quarter |
| Net proceeds from issuance of Series A Preferred Stock |
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
$1.90M | USD | 1 Quarter |
| Payment of preferred stock dividends |
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
- | USD | 1 Quarter |
| Payment of preferred stock dividends |
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
$9.00K | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-12.96M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-44.79M | USD | 1 Quarter |
| Change in cash balances included in assets held for sale |
DecreaseIncreaseInCashFromDiscontinuedOperations
|
- | USD | 1 Quarter |
| Change in cash balances included in assets held for sale |
DecreaseIncreaseInCashFromDiscontinuedOperations
|
$-2.30M | USD | 1 Quarter |
| NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS |
CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$259.90M | USD | 1 Quarter |
| NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS |
CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$-36.64M | USD | 1 Quarter |
| Beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$404.35M | USD | Point-in-time |
| Beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$102.46M | USD | Point-in-time |
| Beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$139.10M | USD | Point-in-time |
| Beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$144.45M | USD | Point-in-time |
| End of period |
CashAndCashEquivalentsAtCarryingValue
|
$404.35M | USD | Point-in-time |
| End of period |
CashAndCashEquivalentsAtCarryingValue
|
$102.46M | USD | Point-in-time |
| End of period |
CashAndCashEquivalentsAtCarryingValue
|
$139.10M | USD | Point-in-time |
| End of period |
CashAndCashEquivalentsAtCarryingValue
|
$144.45M | USD | Point-in-time |
| Cash paid during the period for interest |
InterestPaid
|
$6.21M | USD | 1 Quarter |
| Cash paid during the period for interest |
InterestPaid
|
$9.72M | USD | 1 Quarter |
| Federal income taxes paid |
IncomeTaxesPaid
|
- | USD | 1 Quarter |
| Federal income taxes paid |
IncomeTaxesPaid
|
- | USD | 1 Quarter |
| Additions to investments in real estate included in accounts payable and accrued expenses |
CapitalExpendituresIncurredButNotYetPaid
|
$8.20M | USD | 1 Quarter |
| Additions to investments in real estate included in accounts payable and accrued expenses |
CapitalExpendituresIncurredButNotYetPaid
|
$7.66M | USD | 1 Quarter |
| Net increase (decrease) in fair value of derivatives applied to other comprehensive income (loss) |
NetIncreaseDecreaseInFairValueOfDerivativesAppliedToOtherComprehensiveIncomeLoss
|
$1.55M | USD | 1 Quarter |
| Net increase (decrease) in fair value of derivatives applied to other comprehensive income (loss) |
NetIncreaseDecreaseInFairValueOfDerivativesAppliedToOtherComprehensiveIncomeLoss
|
$-7.92M | USD | 1 Quarter |
| Reduction of loan receivable and secured borrowings due to the SBA's repurchase of the guaranteed portion of a loan |
LoanReceivableAndSecuredBorrowingReductionFromRepurchaseOfGuaranteedAmountOfLoan
|
$953.00K | USD | 1 Quarter |
| Reduction of loan receivable and secured borrowings due to the SBA's repurchase of the guaranteed portion of a loan |
LoanReceivableAndSecuredBorrowingReductionFromRepurchaseOfGuaranteedAmountOfLoan
|
- | USD | 1 Quarter |
| Additions to preferred stock offering costs included in accounts payable and accrued expenses |
StockOfferingCostsNotYetPaid
|
- | USD | 1 Quarter |
| Additions to preferred stock offering costs included in accounts payable and accrued expenses |
StockOfferingCostsNotYetPaid
|
$342.00K | USD | 1 Quarter |
| Accrual of dividends payable to preferred stockholders |
DividendsPayableCurrentAndNoncurrent
|
- | USD | Point-in-time |
| Accrual of dividends payable to preferred stockholders |
DividendsPayableCurrentAndNoncurrent
|
$31.00K | USD | Point-in-time |
| Preferred stock offering costs offset against redeemable preferred stock |
OfferingCostsOffsetAgainstRedeemablePreferredStock
|
$5.00K | USD | 1 Quarter |
| Preferred stock offering costs offset against redeemable preferred stock |
OfferingCostsOffsetAgainstRedeemablePreferredStock
|
- | USD | 1 Quarter |
Stockholders Equity
21 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common dividends (in usd per share) |
CommonStockDividendsPerShareCashPaid
|
$0.22 | USD | 1 Quarter |
| Common dividends (in usd per share) |
CommonStockDividendsPerShareCashPaid
|
$0.22 | USD | 1 Quarter |
| Dividends to holders of Series A Preferred Stock (in usd per share) |
PreferredStockDividendsPerShareDeclared
|
$0.34 | USD | 1 Quarter |
| Accumulated other comprehensive income (loss), at beginning of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.14B | USD | Point-in-time |
| Accumulated other comprehensive income (loss), at beginning of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$966.59M | USD | Point-in-time |
| Accumulated other comprehensive income (loss), at beginning of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.30B | USD | Point-in-time |
| Accumulated other comprehensive income (loss), at beginning of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.30B | USD | Point-in-time |
| Stock-based compensation expense |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$32.00K | USD | 1 Quarter |
| Stock-based compensation expense |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$49.00K | USD | 1 Quarter |
| Common dividends |
DividendsCommonStock
|
$21.36M | USD | 1 Quarter |
| Common dividends |
DividendsCommonStock
|
$18.39M | USD | 1 Quarter |
| Issuance of Warrants |
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
$4.00K | USD | 1 Quarter |
| Dividends to holders of Series A Preferred Stock |
DividendsPreferredStockCash
|
$31.00K | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
$1.55M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
$-7.92M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$193.94M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$26.98M | USD | 1 Quarter |
| Accumulated other comprehensive income (loss), at end of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.14B | USD | Point-in-time |
| Accumulated other comprehensive income (loss), at end of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$966.59M | USD | Point-in-time |
| Accumulated other comprehensive income (loss), at end of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.30B | USD | Point-in-time |
| Accumulated other comprehensive income (loss), at end of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.30B | USD | Point-in-time |
Comprehensive Income
10 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| NET INCOME |
ProfitLoss
|
$193.94M | USD | 1 Quarter |
| NET INCOME |
ProfitLoss
|
$26.98M | USD | 1 Quarter |
| Other comprehensive income (loss): cash flow hedges |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$1.55M | USD | 1 Quarter |
| Other comprehensive income (loss): cash flow hedges |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$-7.92M | USD | 1 Quarter |
| COMPREHENSIVE INCOME |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$19.06M | USD | 1 Quarter |
| COMPREHENSIVE INCOME |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$195.49M | USD | 1 Quarter |
| Comprehensive income attributable to noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$5.00K | USD | 1 Quarter |
| Comprehensive income attributable to noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$3.00K | USD | 1 Quarter |
| COMPREHENSIVE INCOME ATTRIBUTABLE TO THE COMPANY |
ComprehensiveIncomeNetOfTax
|
$195.48M | USD | 1 Quarter |
| COMPREHENSIVE INCOME ATTRIBUTABLE TO THE COMPANY |
ComprehensiveIncomeNetOfTax
|
$19.05M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.