10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001628280-18-006612 |
| Period End Date | 20180331 |
| Filing Date | 20180510 |
| Fiscal Year | 2018 |
| Fiscal Period | Q1 |
| XBRL Instance | cmct-20180331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
62 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Investments in real estate, net |
RealEstateInvestmentPropertyNet
|
$1.09B | USD | Point-in-time |
| Investments in real estate, net |
RealEstateInvestmentPropertyNet
|
$957.73M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$129.31M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$39.88M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$404.35M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$27.01M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$27.77M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$30.31M | USD | Point-in-time |
| Loans receivable, net |
LoansReceivableNet
|
$81.06M | USD | Point-in-time |
| Loans receivable, net |
LoansReceivableNet
|
$70.69M | USD | Point-in-time |
| Accounts receivable, net |
AccountsAndNotesReceivableNet
|
$10.69M | USD | Point-in-time |
| Accounts receivable, net |
AccountsAndNotesReceivableNet
|
$13.63M | USD | Point-in-time |
| Common stock, par value (in usd per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Deferred rent receivable and charges, net |
DeferredRentReceivableAndChargesNet
|
$84.75M | USD | Point-in-time |
| Common stock, par value (in usd per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Deferred rent receivable and charges, net |
DeferredRentReceivableAndChargesNet
|
$86.00M | USD | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
900.00M | shares | Point-in-time |
| Other intangible assets, net |
OtherIntangibleAssetsNet
|
$6.38M | USD | Point-in-time |
| Other intangible assets, net |
OtherIntangibleAssetsNet
|
$12.57M | USD | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
900.00M | shares | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
43.78M | shares | Point-in-time |
| Other assets |
OtherAssets
|
$36.53M | USD | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
43.78M | shares | Point-in-time |
| Other assets |
OtherAssets
|
$22.68M | USD | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
43.78M | shares | Point-in-time |
| TOTAL ASSETS |
Assets
|
$1.34B | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$1.36B | USD | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
43.78M | shares | Point-in-time |
| Debt, net |
DebtAndCapitalLeaseObligations
|
$630.85M | USD | Point-in-time |
| Debt, net |
DebtAndCapitalLeaseObligations
|
$641.26M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$26.39M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$28.71M | USD | Point-in-time |
| Intangible liabilities, net |
BelowMarketLeaseNet
|
$1.07M | USD | Point-in-time |
| Intangible liabilities, net |
BelowMarketLeaseNet
|
$4.35M | USD | Point-in-time |
| Due to related parties |
DueToRelatedPartiesCurrentAndNoncurrent
|
$9.64M | USD | Point-in-time |
| Due to related parties |
DueToRelatedPartiesCurrentAndNoncurrent
|
$8.81M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$14.63M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$14.61M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$681.76M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$698.57M | USD | Point-in-time |
| COMMITMENTS AND CONTINGENCIES (Note 15) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| COMMITMENTS AND CONTINGENCIES (Note 15) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| REDEEMABLE PREFERRED STOCK: Series A, $0.001 par value; 36,000,000 shares authorized; 1,533,088 and 1,531,408 shares issued and outstanding, respectively, at March 31, 2018 and 1,225,734 and 1,224,712 shares issued and outstanding, respectively, at December 31, 2017; liquidation preference of $25.00 per share, subject to adjustment |
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
|
$27.92M | USD | Point-in-time |
| REDEEMABLE PREFERRED STOCK: Series A, $0.001 par value; 36,000,000 shares authorized; 1,533,088 and 1,531,408 shares issued and outstanding, respectively, at March 31, 2018 and 1,225,734 and 1,224,712 shares issued and outstanding, respectively, at December 31, 2017; liquidation preference of $25.00 per share, subject to adjustment |
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
|
$34.93M | USD | Point-in-time |
| Common stock, $0.001 par value; 900,000,000 shares authorized; 43,784,939 shares issued and outstanding at March 31, 2018 and December 31, 2017 |
CommonStockValue
|
$44.00K | USD | Point-in-time |
| Common stock, $0.001 par value; 900,000,000 shares authorized; 43,784,939 shares issued and outstanding at March 31, 2018 and December 31, 2017 |
CommonStockValue
|
$44.00K | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$792.63M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$792.51M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossBeforeTax1
|
$2.81M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossBeforeTax1
|
$1.63M | USD | Point-in-time |
| Distributions in excess of earnings |
RetainedEarningsAccumulatedDeficit
|
$-399.25M | USD | Point-in-time |
| Distributions in excess of earnings |
RetainedEarningsAccumulatedDeficit
|
$-404.60M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$623.59M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$625.82M | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$890.00K | USD | Point-in-time |
| Noncontrolling interests |
MinorityInterest
|
$894.00K | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.14B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$624.49M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$966.59M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$626.71M | USD | Point-in-time |
| TOTAL LIABILITIES, REDEEMABLE PREFERRED STOCK, AND EQUITY |
LiabilitiesAndStockholdersEquity
|
$1.34B | USD | Point-in-time |
| TOTAL LIABILITIES, REDEEMABLE PREFERRED STOCK, AND EQUITY |
LiabilitiesAndStockholdersEquity
|
$1.36B | USD | Point-in-time |
Income Statement
52 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Rental and other property income |
OperatingLeaseAndOtherPropertyRevenue
|
$51.06M | USD | 1 Quarter |
| Rental and other property income |
OperatingLeaseAndOtherPropertyRevenue
|
$33.80M | USD | 1 Quarter |
| Hotel income |
RevenueFromLeasedAndOwnedHotels
|
$9.75M | USD | 1 Quarter |
| Hotel income |
RevenueFromLeasedAndOwnedHotels
|
$9.69M | USD | 1 Quarter |
| Expense reimbursements |
TenantReimbursements
|
$3.03M | USD | 1 Quarter |
| Expense reimbursements |
TenantReimbursements
|
$1.61M | USD | 1 Quarter |
| Interest and other income |
InterestAndOtherOperatingIncome
|
$3.30M | USD | 1 Quarter |
| Interest and other income |
InterestAndOtherOperatingIncome
|
$3.11M | USD | 1 Quarter |
| REVENUES |
Revenues
|
$66.95M | USD | 1 Quarter |
| REVENUES |
Revenues
|
$48.40M | USD | 1 Quarter |
| Rental and other property operating |
DirectCostsOfLeasedRentedAndOtherPropertyOperating
|
$22.96M | USD | 1 Quarter |
| Rental and other property operating |
DirectCostsOfLeasedRentedAndOtherPropertyOperating
|
$18.02M | USD | 1 Quarter |
| Asset management and other fees to related parties |
RelatedPartyAssetManagementFeesAndOtherFees
|
$8.70M | USD | 1 Quarter |
| Asset management and other fees to related parties |
RelatedPartyAssetManagementFeesAndOtherFees
|
$6.21M | USD | 1 Quarter |
| Interest |
InterestExpense
|
$6.63M | USD | 1 Quarter |
| Interest |
InterestExpense
|
$9.77M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$1.68M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$3.38M | USD | 1 Quarter |
| Transaction costs |
BusinessCombinationAcquisitionRelatedCosts
|
$13.00K | USD | 1 Quarter |
| Transaction costs |
BusinessCombinationAcquisitionRelatedCosts
|
- | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$13.15M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$17.23M | USD | 1 Quarter |
| EXPENSES |
CostsAndExpenses
|
$60.36M | USD | 1 Quarter |
| EXPENSES |
CostsAndExpenses
|
$47.39M | USD | 1 Quarter |
| Gain on sale of real estate (Note 3) |
GainsLossesOnSalesOfInvestmentRealEstate
|
$187.73M | USD | 1 Quarter |
| Gain on sale of real estate (Note 3) |
GainsLossesOnSalesOfInvestmentRealEstate
|
- | USD | 1 Quarter |
| INCOME BEFORE PROVISION FOR INCOME TAXES |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$1.01M | USD | 1 Quarter |
| INCOME 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
|
$388.00K | USD | 1 Quarter |
| NET INCOME |
ProfitLoss
|
$193.94M | USD | 1 Quarter |
| NET INCOME |
ProfitLoss
|
$622.00K | USD | 1 Quarter |
| Net income attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$4.00K | USD | 1 Quarter |
| Net income attributable to noncontrolling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$5.00K | USD | 1 Quarter |
| NET INCOME ATTRIBUTABLE TO THE COMPANY |
NetIncomeLoss
|
$193.93M | USD | 1 Quarter |
| NET INCOME ATTRIBUTABLE TO THE COMPANY |
NetIncomeLoss
|
$618.00K | USD | 1 Quarter |
| Redeemable preferred stock dividends accumulated (Note 10) |
RedeemablePreferredStockDividendsAccumulated
|
- | USD | 1 Quarter |
| Redeemable preferred stock dividends accumulated (Note 10) |
RedeemablePreferredStockDividendsAccumulated
|
$3.15M | USD | 1 Quarter |
| Redeemable preferred stock dividends declared (Note 10) |
TemporaryEquityDividendsAdjustment
|
$31.00K | USD | 1 Quarter |
| Redeemable preferred stock dividends declared (Note 10) |
TemporaryEquityDividendsAdjustment
|
$493.00K | USD | 1 Quarter |
| Redeemable preferred stock redemptions (Note 10) |
PreferredStockRedemptionDiscount
|
$1.00K | USD | 1 Quarter |
| Redeemable preferred stock redemptions (Note 10) |
PreferredStockRedemptionDiscount
|
- | USD | 1 Quarter |
| NET (LOSS) INCOME AVAILABLE TO COMMON STOCKHOLDERS |
NetIncomeLossAvailableToCommonStockholdersIncludingAccumulatedPreferredStockDividendsBasic
|
$193.90M | USD | 1 Quarter |
| NET (LOSS) INCOME AVAILABLE TO COMMON STOCKHOLDERS |
NetIncomeLossAvailableToCommonStockholdersIncludingAccumulatedPreferredStockDividendsBasic
|
$-3.03M | USD | 1 Quarter |
| Basic (in usd per share) |
EarningsPerShareBasic
|
$-0.07 | USD | 1 Quarter |
| Basic (in usd per share) |
EarningsPerShareBasic
|
$2.31 | USD | 1 Quarter |
| Diluted (in usd per share) |
EarningsPerShareDiluted
|
$-0.07 | USD | 1 Quarter |
| Diluted (in usd per share) |
EarningsPerShareDiluted
|
$2.31 | USD | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
84.05M | shares | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
43.78M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
84.05M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
43.78M | shares | 1 Quarter |
Cash Flow Statement
127 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$193.94M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$622.00K | 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
|
$-1.39M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$13.15M | 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
|
- | USD | 1 Quarter |
| Straight-line rent, below-market ground lease and amortization of intangible assets |
StraightLineRentExpenseBelowMarketGroundLeaseAndAmortizationOfIntangibleAssets
|
$-11.00K | USD | 1 Quarter |
| Straight-line rent, below-market ground lease and amortization of intangible assets |
StraightLineRentExpenseBelowMarketGroundLeaseAndAmortizationOfIntangibleAssets
|
$441.00K | USD | 1 Quarter |
| Amortization of deferred loan costs |
AmortizationOfFinancingCosts
|
$176.00K | USD | 1 Quarter |
| Amortization of deferred loan costs |
AmortizationOfFinancingCosts
|
$308.00K | USD | 1 Quarter |
| Amortization of premiums and discounts on debt |
AmortizationOfDebtDiscountPremium
|
$-34.00K | 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
|
$891.00K | USD | 1 Quarter |
| Amortization and accretion on loans receivable, net |
AmortizationAndAccretionOnLoansReceivableNet
|
$-67.00K | USD | 1 Quarter |
| Amortization and accretion on loans receivable, net |
AmortizationAndAccretionOnLoansReceivableNet
|
$99.00K | USD | 1 Quarter |
| Bad debt expense |
ProvisionForDoubtfulAccounts
|
$65.00K | USD | 1 Quarter |
| Bad debt expense |
ProvisionForDoubtfulAccounts
|
$109.00K | USD | 1 Quarter |
| Deferred income taxes |
DiscontinuedOperationDeferredIncomeTaxExpenseBenefit
|
$183.00K | USD | 1 Quarter |
| Deferred income taxes |
DiscontinuedOperationDeferredIncomeTaxExpenseBenefit
|
$58.00K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$38.00K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$49.00K | USD | 1 Quarter |
| Loans funded, held for sale to secondary market |
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
|
$8.73M | USD | 1 Quarter |
| Loans funded, held for sale to secondary market |
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
|
$6.30M | USD | 1 Quarter |
| Proceeds from sale of guaranteed loans |
ProceedsFromSaleOfLoansHeldForSale
|
$9.34M | USD | 1 Quarter |
| Proceeds from sale of guaranteed loans |
ProceedsFromSaleOfLoansHeldForSale
|
$17.11M | USD | 1 Quarter |
| Principal collected on loans subject to secured borrowings |
ProceedsFromCollectionOfLoansHeldForSale
|
$510.00K | 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
|
$-193.00K | USD | 1 Quarter |
| Accounts receivable and interest receivable |
IncreaseDecreaseInReceivables
|
$-2.83M | USD | 1 Quarter |
| Accounts receivable and interest receivable |
IncreaseDecreaseInReceivables
|
$-261.00K | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$5.12M | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$3.51M | USD | 1 Quarter |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-2.00M | USD | 1 Quarter |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-4.99M | USD | 1 Quarter |
| Deferred leasing costs |
IncreaseDecreaseInDeferredLeasingFees
|
$910.00K | USD | 1 Quarter |
| Deferred leasing costs |
IncreaseDecreaseInDeferredLeasingFees
|
$1.04M | USD | 1 Quarter |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-8.00K | USD | 1 Quarter |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$1.02M | USD | 1 Quarter |
| Due to related parties |
IncreaseDecreaseInDueToRelatedParties
|
$826.00K | USD | 1 Quarter |
| Due to related parties |
IncreaseDecreaseInDueToRelatedParties
|
$-99.00K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$17.71M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$13.56M | USD | 1 Quarter |
| Additions to investments in real estate |
PaymentsToDevelopRealEstateAssets
|
$3.31M | USD | 1 Quarter |
| Additions to investments in real estate |
PaymentsToDevelopRealEstateAssets
|
$4.12M | USD | 1 Quarter |
| Acquisition of real estate |
PaymentsToAcquireRealEstateAndMortgageNoteReceivable
|
- | USD | 1 Quarter |
| Acquisition of real estate |
PaymentsToAcquireRealEstateAndMortgageNoteReceivable
|
$112.05M | USD | 1 Quarter |
| Proceeds from sale of real estate, net |
ProceedsFromSaleOfRealEstateHeldforinvestment
|
$289.94M | USD | 1 Quarter |
| Proceeds from sale of real estate, net |
ProceedsFromSaleOfRealEstateHeldforinvestment
|
- | USD | 1 Quarter |
| Loans funded |
PaymentsToAcquireLoansHeldForInvestment
|
$2.10M | USD | 1 Quarter |
| Loans funded |
PaymentsToAcquireLoansHeldForInvestment
|
$2.91M | USD | 1 Quarter |
| Principal collected on loans |
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
$2.15M | USD | 1 Quarter |
| Principal collected on loans |
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
$3.68M | USD | 1 Quarter |
| Other investing activity |
PaymentsForProceedsFromOtherInvestingActivities
|
$-56.00K | USD | 1 Quarter |
| Other investing activity |
PaymentsForProceedsFromOtherInvestingActivities
|
$-49.00K | USD | 1 Quarter |
| Net cash (used in) provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$286.74M | USD | 1 Quarter |
| Net cash (used in) provided by investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-115.35M | USD | 1 Quarter |
| Payment of mortgages payable |
ProceedsFromRepaymentsOfFirstMortgageBond
|
$-510.00K | USD | 1 Quarter |
| Payment of mortgages payable |
ProceedsFromRepaymentsOfFirstMortgageBond
|
$-26.48M | USD | 1 Quarter |
| Proceeds from revolving credit facility |
ProceedsFromRepaymentsOfLinesOfCredit
|
$10.00M | USD | 1 Quarter |
| Proceeds from revolving credit facility |
ProceedsFromRepaymentsOfLinesOfCredit
|
- | USD | 1 Quarter |
| Payment of principal on secured borrowings |
RepaymentsOfSecuredDebt
|
$1.55M | USD | 1 Quarter |
| Payment of principal on secured borrowings |
RepaymentsOfSecuredDebt
|
- | USD | 1 Quarter |
| Proceeds from secured borrowings |
ProceedsFromIssuanceOfSecuredDebt
|
- | USD | 1 Quarter |
| Proceeds from secured borrowings |
ProceedsFromIssuanceOfSecuredDebt
|
$773.00K | USD | 1 Quarter |
| Payment of deferred preferred stock offering costs |
PaymentsOfStockIssuanceCosts
|
$261.00K | USD | 1 Quarter |
| Payment of deferred preferred stock offering costs |
PaymentsOfStockIssuanceCosts
|
$404.00K | USD | 1 Quarter |
| Payment of deferred loan costs |
PaymentsOfLoanCosts
|
$4.00K | USD | 1 Quarter |
| Payment of deferred loan costs |
PaymentsOfLoanCosts
|
- | USD | 1 Quarter |
| Payment of common dividends |
PaymentsOfOrdinaryDividends
|
$5.47M | USD | 1 Quarter |
| Payment of common dividends |
PaymentsOfOrdinaryDividends
|
$18.39M | USD | 1 Quarter |
| Payment of special cash dividends |
PaymentsOfCapitalDistribution
|
$1.57M | USD | 1 Quarter |
| Payment of special cash dividends |
PaymentsOfCapitalDistribution
|
- | 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 Series A Preferred Warrants |
ProceedsFromIssuanceOfWarrants
|
$4.00K | USD | 1 Quarter |
| Net proceeds from issuance of Series A Preferred Warrants |
ProceedsFromIssuanceOfWarrants
|
$17.00K | USD | 1 Quarter |
| Net proceeds from issuance of Series A Preferred Warrants |
ProceedsFromIssuanceOfWarrants
|
$148.00K | USD | 7 Qtrs |
| Net proceeds from issuance of Series A Preferred Stock |
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
$8.97M | USD | 1 Quarter |
| Net proceeds from issuance of Series A Preferred Stock |
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
$1.90M | USD | 1 Quarter |
| Payment of preferred stock dividends |
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
$9.00K | USD | 1 Quarter |
| Payment of preferred stock dividends |
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
$249.00K | USD | 1 Quarter |
| Redemption of Series A Preferred Stock |
PaymentsForRepurchaseOfRedeemablePreferredStock
|
$37.00K | USD | 1 Quarter |
| Redemption of Series A Preferred Stock |
PaymentsForRepurchaseOfRedeemablePreferredStock
|
- | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-44.79M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$11.52M | USD | 1 Quarter |
| NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$255.51M | USD | 1 Quarter |
| NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-86.12M | USD | 1 Quarter |
| Beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$176.61M | USD | Point-in-time |
| Beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$432.12M | USD | Point-in-time |
| Beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$70.19M | USD | Point-in-time |
| Beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$156.32M | USD | Point-in-time |
| End of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$176.61M | USD | Point-in-time |
| End of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$432.12M | USD | Point-in-time |
| End of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$70.19M | USD | Point-in-time |
| End of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$156.32M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$129.31M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$39.88M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$404.35M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$27.01M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$27.77M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$30.31M | USD | Point-in-time |
| Total cash and cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$176.61M | USD | Point-in-time |
| Total cash and cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$432.12M | USD | Point-in-time |
| Total cash and cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$70.19M | USD | Point-in-time |
| Total cash and cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$156.32M | USD | Point-in-time |
| Cash paid during the period for interest |
InterestPaid
|
$9.72M | USD | 1 Quarter |
| Cash paid during the period for interest |
InterestPaid
|
$6.60M | 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
|
$14.10M | USD | 1 Quarter |
| Additions to investments in real estate included in accounts payable and accrued expenses |
CapitalExpendituresIncurredButNotYetPaid
|
$8.20M | USD | 1 Quarter |
| Net increase in fair value of derivatives applied to other comprehensive income |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$1.18M | USD | 1 Quarter |
| Net increase in fair value of derivatives applied to other comprehensive income |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$1.55M | USD | 1 Quarter |
| Additions to deferred costs included in accounts payable and accrued expenses |
StockOfferingCostsNotYetPaid
|
$837.00K | USD | 1 Quarter |
| Additions to deferred costs included in accounts payable and accrued expenses |
StockOfferingCostsNotYetPaid
|
$342.00K | USD | 1 Quarter |
| Accrual of dividends payable to preferred stockholders |
DividendsPayableCurrentAndNoncurrent
|
$31.00K | USD | Point-in-time |
| Accrual of dividends payable to preferred stockholders |
DividendsPayableCurrentAndNoncurrent
|
$493.00K | USD | Point-in-time |
| Preferred stock offering costs offset against redeemable preferred stock in temporary equity |
OfferingCostsOffsetAgainstRedeemablePreferredStockTemporaryEquity
|
$5.00K | USD | 1 Quarter |
| Preferred stock offering costs offset against redeemable preferred stock in temporary equity |
OfferingCostsOffsetAgainstRedeemablePreferredStockTemporaryEquity
|
$61.00K | USD | 1 Quarter |
| Reclassification of Series A Preferred Stock from temporary equity to permanent equity |
ReclassificationsOfTemporaryToPermanentEquity
|
$1.89M | USD | 1 Quarter |
| Reclassification of Series A Preferred Stock from temporary equity to permanent equity |
ReclassificationsOfTemporaryToPermanentEquity
|
- | USD | 1 Quarter |
Stockholders Equity
27 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
|
$0.12 | USD | 1 Quarter |
| Dividends to holders of Series A Preferred Stock (in usd per share) |
PreferredStockDividendsPerShareDeclared
|
$0.34 | USD | 1 Quarter |
| Dividends to holders of Series A Preferred Stock (in usd per share) |
PreferredStockDividendsPerShareDeclared
|
$0.34 | USD | 1 Quarter |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.14B | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$624.49M | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$966.59M | USD | Point-in-time |
| Beginning balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$626.71M | USD | Point-in-time |
| Stock-based compensation expense |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$38.00K | USD | 1 Quarter |
| Stock-based compensation expense |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$49.00K | USD | 1 Quarter |
| Common dividends |
DividendsCommonStock
|
$5.47M | USD | 1 Quarter |
| Common dividends |
DividendsCommonStock
|
$18.39M | USD | 1 Quarter |
| Issuance of Series A Preferred Warrants |
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
$17.00K | USD | 1 Quarter |
| Issuance of Series A Preferred Warrants |
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
$4.00K | USD | 1 Quarter |
| Dividends to holders of Series A Preferred Stock |
DividendsPreferredStockCash
|
$493.00K | USD | 1 Quarter |
| Dividends to holders of Series A Preferred Stock |
DividendsPreferredStockCash
|
$31.00K | USD | 1 Quarter |
| Reclassification of Series A Preferred Stock to permanent equity |
ReclassificationsOfTemporaryToPermanentEquity
|
$1.89M | USD | 1 Quarter |
| Reclassification of Series A Preferred Stock to permanent equity |
ReclassificationsOfTemporaryToPermanentEquity
|
- | USD | 1 Quarter |
| Redemption of Series A Preferred Stock |
StockRedeemedOrCalledDuringPeriodValue
|
$-1.00K | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
$1.18M | USD | 1 Quarter |
| Other comprehensive income |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
$1.55M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$193.94M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$622.00K | USD | 1 Quarter |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.14B | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$624.49M | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$966.59M | USD | Point-in-time |
| Ending balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$626.71M | 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
|
$622.00K | USD | 1 Quarter |
| Other comprehensive income: cash flow hedges |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$1.18M | USD | 1 Quarter |
| Other comprehensive income: cash flow hedges |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$1.55M | USD | 1 Quarter |
| COMPREHENSIVE INCOME |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$195.49M | USD | 1 Quarter |
| COMPREHENSIVE INCOME |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$1.80M | USD | 1 Quarter |
| Comprehensive income attributable to noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$5.00K | USD | 1 Quarter |
| Comprehensive income attributable to noncontrolling interests |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$4.00K | USD | 1 Quarter |
| COMPREHENSIVE INCOME ATTRIBUTABLE TO THE COMPANY |
ComprehensiveIncomeNetOfTax
|
$1.80M | USD | 1 Quarter |
| COMPREHENSIVE INCOME ATTRIBUTABLE TO THE COMPANY |
ComprehensiveIncomeNetOfTax
|
$195.48M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.