10-Q Filing

CARETRUST REIT, INC. CIK: 1590717 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0001628280-17-007882`
Period End Date	20170630
Filing Date	20170802
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	ctre-20170630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 55 Income Statement 83 Cash Flow Statement 89 Stockholders Equity 25

Balance Sheet 55 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	100.00M	shares	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
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	64.82M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	75.47M	shares	Point-in-time
Real estate investments, net	`RealEstateInvestmentPropertyNet`	$893.92M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	75.47M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	64.82M	shares	Point-in-time
Real estate investments, net	`RealEstateInvestmentPropertyNet`	$972.83M	USD	Point-in-time
Other real estate investments	`RealEstateInvestmentsJointVentures`	$5.19M	USD	Point-in-time
Other real estate investments	`RealEstateInvestmentsJointVentures`	$13.87M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.47M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.64M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$35.07M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.50M	USD	Point-in-time
Accounts and other receivables	`AccountsReceivableNet`	$9.43M	USD	Point-in-time
Accounts and other receivables	`AccountsReceivableNet`	$5.90M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$1.37M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$5.28M	USD	Point-in-time
Deferred financing costs, net	`DeferredFinanceCostsNet`	$2.26M	USD	Point-in-time
Deferred financing costs, net	`DeferredFinanceCostsNet`	$2.80M	USD	Point-in-time
Total assets	`Assets`	$1.03B	USD	Point-in-time
Total assets	`Assets`	$925.36M	USD	Point-in-time
Senior unsecured notes payable, net	`UnsecuredLongTermDebt`	$255.29M	USD	Point-in-time
Senior unsecured notes payable, net	`UnsecuredLongTermDebt`	$294.04M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndOtherAccruedLiabilities`	$14.52M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndOtherAccruedLiabilities`	$12.14M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$14.05M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$11.07M	USD	Point-in-time
Total liabilities	`Liabilities`	$422.08M	USD	Point-in-time
Total liabilities	`Liabilities`	$472.93M	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; 100,000,000 shares authorized, no shares issued and outstanding as of June 30, 2017 and December 31, 2016	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value; 100,000,000 shares authorized, no shares issued and outstanding as of June 30, 2017 and December 31, 2016	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value; 500,000,000 shares authorized, 75,466,982 and 64,816,350 shares issued and outstanding as of June 30, 2017 and December 31, 2016, respectively	`CommonStockValue`	$648.00K	USD	Point-in-time
Common stock, $0.01 par value; 500,000,000 shares authorized, 75,466,982 and 64,816,350 shares issued and outstanding as of June 30, 2017 and December 31, 2016, respectively	`CommonStockValue`	$755.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$782.07M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$611.48M	USD	Point-in-time
Cumulative distributions in excess of earnings	`AccumulatedDistributionsInExcessOfNetIncome`	$174.85M	USD	Point-in-time
Cumulative distributions in excess of earnings	`AccumulatedDistributionsInExcessOfNetIncome`	$159.69M	USD	Point-in-time
Total equity	`StockholdersEquity`	$262.29M	USD	Point-in-time
Total equity	`StockholdersEquity`	$607.98M	USD	Point-in-time
Total equity	`StockholdersEquity`	$452.43M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.03B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$925.36M	USD	Point-in-time

Income Statement 83 line items

Line Item	Tag	Value	Unit	Period
Rental income	`OperatingLeasesIncomeStatementLeaseRevenue`	$55.85M	USD	2 Qtrs
Rental income	`OperatingLeasesIncomeStatementLeaseRevenue`	$28.51M	USD	1 Quarter
Rental income	`OperatingLeasesIncomeStatementLeaseRevenue`	$22.78M	USD	1 Quarter
Rental income	`OperatingLeasesIncomeStatementLeaseRevenue`	$43.68M	USD	2 Qtrs
Tenant reimbursements	`TenantReimbursements`	$1.93M	USD	1 Quarter
Tenant reimbursements	`TenantReimbursements`	$2.39M	USD	1 Quarter
Tenant reimbursements	`TenantReimbursements`	$4.71M	USD	2 Qtrs
Tenant reimbursements	`TenantReimbursements`	$3.73M	USD	2 Qtrs
Independent living facilities	`HomeBuildingRevenue`	$789.00K	USD	1 Quarter
Independent living facilities	`HomeBuildingRevenue`	$730.00K	USD	1 Quarter
Independent living facilities	`HomeBuildingRevenue`	$1.58M	USD	2 Qtrs
Independent living facilities	`HomeBuildingRevenue`	$1.41M	USD	2 Qtrs
Interest and other income	`InterestAndOtherIncome`	$261.00K	USD	1 Quarter
Interest and other income	`InterestAndOtherIncome`	$1.14M	USD	1 Quarter
Interest and other income	`InterestAndOtherIncome`	$1.29M	USD	2 Qtrs
Interest and other income	`InterestAndOtherIncome`	$515.00K	USD	2 Qtrs
Total revenues	`Revenues`	$32.83M	USD	1 Quarter
Total revenues	`Revenues`	$25.70M	USD	1 Quarter
Total revenues	`Revenues`	$63.44M	USD	2 Qtrs
Total revenues	`Revenues`	$49.33M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$9.34M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$15.19M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$7.89M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$18.41M	USD	2 Qtrs
Interest expense	`InterestExpense`	$12.10M	USD	2 Qtrs
Interest expense	`InterestExpense`	$11.30M	USD	2 Qtrs
Interest expense	`InterestExpense`	$5.44M	USD	1 Quarter
Interest expense	`InterestExpense`	$6.22M	USD	1 Quarter
Loss on the extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on the extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-326.00K	USD	2 Qtrs
Loss on the extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-11.88M	USD	2 Qtrs
Loss on the extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-11.88M	USD	1 Quarter
Property taxes	`RealEstateTaxExpense`	$3.73M	USD	2 Qtrs
Property taxes	`RealEstateTaxExpense`	$1.93M	USD	1 Quarter
Property taxes	`RealEstateTaxExpense`	$2.39M	USD	1 Quarter
Property taxes	`RealEstateTaxExpense`	$4.71M	USD	2 Qtrs
Independent living facilities	`HomeBuildingCosts`	$1.30M	USD	2 Qtrs
Independent living facilities	`HomeBuildingCosts`	$598.00K	USD	1 Quarter
Independent living facilities	`HomeBuildingCosts`	$1.22M	USD	2 Qtrs
Independent living facilities	`HomeBuildingCosts`	$644.00K	USD	1 Quarter
Impairment of real estate investment	`ImpairmentLossesRelatedToRealEstatePartnerships`	-	USD	2 Qtrs
Impairment of real estate investment	`ImpairmentLossesRelatedToRealEstatePartnerships`	$890.00K	USD	2 Qtrs
Impairment of real estate investment	`ImpairmentLossesRelatedToRealEstatePartnerships`	$890.00K	USD	1 Quarter
Impairment of real estate investment	`ImpairmentLossesRelatedToRealEstatePartnerships`	-	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$4.44M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$5.37M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$2.21M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$2.98M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$18.07M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$34.34M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$36.20M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$54.66M	USD	2 Qtrs
Gain on disposition of other real estate investment	`GainsLossesOnSalesOfInvestmentRealEstate`	-	USD	1 Quarter
Gain on disposition of other real estate investment	`GainsLossesOnSalesOfInvestmentRealEstate`	$3.54M	USD	2 Qtrs
Gain on disposition of other real estate investment	`GainsLossesOnSalesOfInvestmentRealEstate`	-	USD	2 Qtrs
Gain on disposition of other real estate investment	`GainsLossesOnSalesOfInvestmentRealEstate`	$3.54M	USD	1 Quarter
Net income	`NetIncomeLoss`	$12.31M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$29.35M	USD	Annual
Net income	`NetIncomeLoss`	$7.63M	USD	1 Quarter
Net income	`NetIncomeLoss`	$13.13M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$2.03M	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$0.25	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$0.03	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$0.13	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$0.17	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.17	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.25	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.13	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.03	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	57.48M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	52.79M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	69.77M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	72.56M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	52.79M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	69.77M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	57.48M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	72.56M	shares	1 Quarter
Dividends declared per common share (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.68	USD	Annual
Dividends declared per common share (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.17	USD	1 Quarter
Dividends declared per common share (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.34	USD	2 Qtrs
Dividends declared per common share (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.37	USD	2 Qtrs
Dividends declared per common share (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.18	USD	1 Quarter
Dividends declared per common share (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.18	USD	1 Quarter

Cash Flow Statement 89 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$12.31M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$29.35M	USD	Annual
Net income	`NetIncomeLoss`	$7.63M	USD	1 Quarter
Net income	`NetIncomeLoss`	$13.13M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$2.03M	USD	1 Quarter
Depreciation and amortization (including a below-market ground lease)	`DepreciationDepletionAndAmortization`	$15.19M	USD	2 Qtrs
Depreciation and amortization (including a below-market ground lease)	`DepreciationDepletionAndAmortization`	$18.42M	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCostsAndDiscounts`	$1.13M	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCostsAndDiscounts`	$1.12M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-326.00K	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-11.88M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-11.88M	USD	1 Quarter
Amortization of stock-based compensation	`AllocatedShareBasedCompensationExpense`	$868.00K	USD	2 Qtrs
Amortization of stock-based compensation	`AllocatedShareBasedCompensationExpense`	$1.14M	USD	2 Qtrs
Amortization of stock-based compensation	`AllocatedShareBasedCompensationExpense`	$400.00K	USD	1 Quarter
Amortization of stock-based compensation	`AllocatedShareBasedCompensationExpense`	$600.00K	USD	1 Quarter
Straight-line rental income	`StraightLineRent`	$115.00K	USD	2 Qtrs
Straight-line rental income	`StraightLineRent`	-	USD	2 Qtrs
Non-cash interest income	`OtherNoncashIncome`	$320.00K	USD	2 Qtrs
Non-cash interest income	`OtherNoncashIncome`	$515.00K	USD	2 Qtrs
Interest income distribution from other real estate investment	`EquityMethodInvestmentDividendsOrDistributions`	-	USD	2 Qtrs
Interest income distribution from other real estate investment	`EquityMethodInvestmentDividendsOrDistributions`	$1.50M	USD	2 Qtrs
Impairment of real estate investment	`ImpairmentLossesRelatedToRealEstatePartnerships`	-	USD	2 Qtrs
Impairment of real estate investment	`ImpairmentLossesRelatedToRealEstatePartnerships`	$890.00K	USD	2 Qtrs
Impairment of real estate investment	`ImpairmentLossesRelatedToRealEstatePartnerships`	$890.00K	USD	1 Quarter
Impairment of real estate investment	`ImpairmentLossesRelatedToRealEstatePartnerships`	-	USD	1 Quarter
Accounts and other receivables	`IncreaseDecreaseInAccountsReceivable`	$3.41M	USD	2 Qtrs
Accounts and other receivables	`IncreaseDecreaseInAccountsReceivable`	$1.74M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$291.00K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$311.00K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$27.00K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.79M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$44.90M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$28.11M	USD	2 Qtrs
Acquisitions of real estate	`PaymentsToAcquireRealEstate`	$96.64M	USD	2 Qtrs
Acquisitions of real estate	`PaymentsToAcquireRealEstate`	$144.15M	USD	2 Qtrs
Improvements to real estate	`PaymentsToDevelopRealEstateAssets`	$170.00K	USD	2 Qtrs
Improvements to real estate	`PaymentsToDevelopRealEstateAssets`	$598.00K	USD	2 Qtrs
Purchases of equipment, furniture and fixtures	`PaymentsToAcquirePropertyPlantAndEquipment`	$233.00K	USD	2 Qtrs
Purchases of equipment, furniture and fixtures	`PaymentsToAcquirePropertyPlantAndEquipment`	$89.00K	USD	2 Qtrs
Sale of other real estate investment	`ProceedsFromDivestitureOfRealEstatePartnership`	$7.50M	USD	2 Qtrs
Sale of other real estate investment	`ProceedsFromDivestitureOfRealEstatePartnership`	-	USD	2 Qtrs
Escrow deposit for acquisitions of real estate	`PaymentsForDepositsOnRealEstateAcquisitions`	-	USD	2 Qtrs
Escrow deposit for acquisitions of real estate	`PaymentsForDepositsOnRealEstateAcquisitions`	$4.33M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-94.31M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-144.41M	USD	2 Qtrs
Proceeds from the issuance of common stock, net	`ProceedsFromIssuanceOfCommonStock`	$170.49M	USD	2 Qtrs
Proceeds from the issuance of common stock, net	`ProceedsFromIssuanceOfCommonStock`	$105.89M	USD	2 Qtrs
Proceeds from the issuance of senior unsecured notes payable	`ProceedsFromUnsecuredNotesPayable`	-	USD	2 Qtrs
Proceeds from the issuance of senior unsecured notes payable	`ProceedsFromUnsecuredNotesPayable`	$300.00M	USD	2 Qtrs
Proceeds from the issuance of senior unsecured term loan	`ProceedsFromIssuanceOfUnsecuredDebt`	$100.00M	USD	2 Qtrs
Proceeds from the issuance of senior unsecured term loan	`ProceedsFromIssuanceOfUnsecuredDebt`	-	USD	2 Qtrs
Borrowings under unsecured revolving credit facility	`ProceedsFromUnsecuredLinesOfCredit`	$63.00M	USD	2 Qtrs
Borrowings under unsecured revolving credit facility	`ProceedsFromUnsecuredLinesOfCredit`	$115.00M	USD	2 Qtrs
Payments on senior unsecured notes payable	`RepaymentsOfUnsecuredDebt`	-	USD	2 Qtrs
Payments on senior unsecured notes payable	`RepaymentsOfUnsecuredDebt`	$267.64M	USD	2 Qtrs
Payments on unsecured revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$158.00M	USD	2 Qtrs
Payments on unsecured revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$92.00M	USD	2 Qtrs
Payments on the mortgage notes payable	`RepaymentsOfNotesPayable`	-	USD	2 Qtrs
Payments on the mortgage notes payable	`RepaymentsOfNotesPayable`	$95.02M	USD	2 Qtrs
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$5.51M	USD	2 Qtrs
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$1.33M	USD	2 Qtrs
Net-settle adjustment on restricted stock	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$866.00K	USD	2 Qtrs
Net-settle adjustment on restricted stock	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$515.00K	USD	2 Qtrs
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$24.50M	USD	2 Qtrs
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$17.55M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$114.47M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$76.97M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$27.57M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.82M	USD	2 Qtrs
Cash and cash equivalents beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$11.47M	USD	Point-in-time
Cash and cash equivalents beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$9.64M	USD	Point-in-time
Cash and cash equivalents beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$35.07M	USD	Point-in-time
Cash and cash equivalents beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.50M	USD	Point-in-time
Cash and cash equivalents end of period	`CashAndCashEquivalentsAtCarryingValue`	$11.47M	USD	Point-in-time
Cash and cash equivalents end of period	`CashAndCashEquivalentsAtCarryingValue`	$9.64M	USD	Point-in-time
Cash and cash equivalents end of period	`CashAndCashEquivalentsAtCarryingValue`	$35.07M	USD	Point-in-time
Cash and cash equivalents end of period	`CashAndCashEquivalentsAtCarryingValue`	$7.50M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$10.59M	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$10.79M	USD	2 Qtrs
Increase in dividends payable	`IncreaseDecreaseInDividendsPayable`	$2.97M	USD	2 Qtrs
Increase in dividends payable	`IncreaseDecreaseInDividendsPayable`	$2.14M	USD	2 Qtrs
Increase in deferred financing costs payable	`IncreaseDecreaseInDeferredFinancingCostsPayable`	$525.00K	USD	2 Qtrs
Increase in deferred financing costs payable	`IncreaseDecreaseInDeferredFinancingCostsPayable`	-	USD	2 Qtrs
Increase in offering costs payable	`IncreaseDecreaseInOfferingCostsPayable`	$218.00K	USD	2 Qtrs
Increase in offering costs payable	`IncreaseDecreaseInOfferingCostsPayable`	$50.00K	USD	2 Qtrs
Application of escrow deposit to acquisition of real estate	`EscrowDepositDisbursementsRelatedToPropertyAcquisition1`	$700.00K	USD	2 Qtrs
Application of escrow deposit to acquisition of real estate	`EscrowDepositDisbursementsRelatedToPropertyAcquisition1`	$1.25M	USD	2 Qtrs

Stockholders Equity 25 line items

Line Item	Tag	Value	Unit	Period
Common dividends (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.68	USD	Annual
Common dividends (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.17	USD	1 Quarter
Common dividends (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.34	USD	2 Qtrs
Common dividends (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.37	USD	2 Qtrs
Common dividends (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.18	USD	1 Quarter
Common dividends (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.18	USD	1 Quarter
Beginning balance	`StockholdersEquity`	$262.29M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$607.98M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$452.43M	USD	Point-in-time
Issuance of common stock, net	`StockIssuedDuringPeriodValueNewIssues`	$200.40M	USD	Annual
Issuance of common stock, net	`StockIssuedDuringPeriodValueNewIssues`	$170.44M	USD	2 Qtrs
Vesting of restricted common stock, net of shares withheld for employee taxes	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-515.00K	USD	Annual
Vesting of restricted common stock, net of shares withheld for employee taxes	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-866.00K	USD	2 Qtrs
Amortization of stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.14M	USD	2 Qtrs
Amortization of stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.55M	USD	Annual
Common dividends ($0.185 and $0.68 per share for the six months ended 6/30/2017 and year ended 12/31/2016, respectively) (in usd per share)	`DividendsCommonStock`	$40.64M	USD	Annual
Common dividends ($0.185 and $0.68 per share for the six months ended 6/30/2017 and year ended 12/31/2016, respectively) (in usd per share)	`DividendsCommonStock`	$27.47M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$12.31M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$29.35M	USD	Annual
Net income	`NetIncomeLoss`	$7.63M	USD	1 Quarter
Net income	`NetIncomeLoss`	$13.13M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$2.03M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$262.29M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$607.98M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$452.43M	USD	Point-in-time

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