10-Q Filing

CARETRUST REIT, INC. CIK: 1590717 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001628280-21-015843`
Period End Date	20210630
Filing Date	20210805
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	ctre-20210630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 64 Income Statement 66 Cash Flow Statement 84 Stockholders Equity 36

Balance Sheet 64 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
Real estate investments, net	`RealEstateInvestmentPropertyNet`	$1.58B	USD	Point-in-time
Real estate investments, net	`RealEstateInvestmentPropertyNet`	$1.45B	USD	Point-in-time
Preferred stock, authorized (shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Preferred stock, authorized (shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Other real estate investments	`RealEstateInvestmentsJointVentures`	$15.00M	USD	Point-in-time
Preferred stock, issued (shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other real estate investments	`RealEstateInvestmentsJointVentures`	$15.15M	USD	Point-in-time
Preferred stock, issued (shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Assets held for sale, net	`AssetsHeldForSaleNotPartOfDisposalGroup`	-	USD	Point-in-time
Preferred stock, outstanding (shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, outstanding (shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Assets held for sale, net	`AssetsHeldForSaleNotPartOfDisposalGroup`	$7.23M	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.77M	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$18.92M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$309.19M	USD	Point-in-time
Common stock, authorized (shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, authorized (shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Restricted cash	`RestrictedCash`	-	USD	Point-in-time
Accounts and other receivables	`AccountsReceivableNet`	$1.79M	USD	Point-in-time
Common stock, issued (shares)	`CommonStockSharesIssued`	96.30M	shares	Point-in-time
Common stock, issued (shares)	`CommonStockSharesIssued`	95.22M	shares	Point-in-time
Accounts and other receivables	`AccountsReceivableNet`	$1.82M	USD	Point-in-time
Common stock, outstanding (shares)	`CommonStockSharesOutstanding`	95.22M	shares	Point-in-time
Common stock, outstanding (shares)	`CommonStockSharesOutstanding`	96.30M	shares	Point-in-time
Prepaid expenses and other assets, net	`PrepaidExpenseAndOtherAssets`	$10.45M	USD	Point-in-time
Prepaid expenses and other assets, net	`PrepaidExpenseAndOtherAssets`	$7.57M	USD	Point-in-time
Deferred financing costs, net	`DeferredFinanceCostsNet`	$1.55M	USD	Point-in-time
Deferred financing costs, net	`DeferredFinanceCostsNet`	$2.04M	USD	Point-in-time
Total assets	`Assets`	$1.91B	USD	Point-in-time
Total assets	`Assets`	$1.50B	USD	Point-in-time
Senior unsecured notes payable, net	`UnsecuredLongTermDebt`	$296.67M	USD	Point-in-time
Senior unsecured notes payable, net	`UnsecuredLongTermDebt`	$690.89M	USD	Point-in-time
Senior unsecured term loan, net	`LongTermLoansPayable`	$198.93M	USD	Point-in-time
Senior unsecured term loan, net	`LongTermLoansPayable`	$199.03M	USD	Point-in-time
Unsecured revolving credit facility	`LineOfCredit`	$50.00M	USD	Point-in-time
Unsecured revolving credit facility	`LineOfCredit`	$50.00M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndOtherAccruedLiabilities`	$16.80M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndOtherAccruedLiabilities`	$19.57M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$26.09M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$24.25M	USD	Point-in-time
Total liabilities	`Liabilities`	$589.42M	USD	Point-in-time
Total liabilities	`Liabilities`	$982.81M	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, 2021 and December 31, 2020	`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, 2021 and December 31, 2020	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value; 500,000,000 shares authorized, 96,296,673 and 95,215,797 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$952.00K	USD	Point-in-time
Common stock, $0.01 par value; 500,000,000 shares authorized, 96,296,673 and 95,215,797 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$963.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.16B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.19B	USD	Point-in-time
Cumulative distributions in excess of earnings	`AccumulatedDistributionsInExcessOfNetIncome`	$260.76M	USD	Point-in-time
Cumulative distributions in excess of earnings	`AccumulatedDistributionsInExcessOfNetIncome`	$251.21M	USD	Point-in-time
Total equity	`StockholdersEquity`	$929.61M	USD	Point-in-time
Total equity	`StockholdersEquity`	$927.59M	USD	Point-in-time
Total equity	`StockholdersEquity`	$925.44M	USD	Point-in-time
Total equity	`StockholdersEquity`	$914.14M	USD	Point-in-time
Total equity	`StockholdersEquity`	$917.45M	USD	Point-in-time
Total equity	`StockholdersEquity`	$921.79M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.50B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.91B	USD	Point-in-time

Income Statement 66 line items

Line Item	Tag	Value	Unit	Period
Rental income	`OperatingLeaseLeaseIncome`	$42.51M	USD	1 Quarter
Rental income	`OperatingLeaseLeaseIncome`	$92.99M	USD	2 Qtrs
Rental income	`OperatingLeaseLeaseIncome`	$47.74M	USD	1 Quarter
Rental income	`OperatingLeaseLeaseIncome`	$84.97M	USD	2 Qtrs
Independent living facilities	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.24M	USD	2 Qtrs
Independent living facilities	`RevenueFromContractWithCustomerExcludingAssessedTax`	-	USD	1 Quarter
Independent living facilities	`RevenueFromContractWithCustomerExcludingAssessedTax`	-	USD	2 Qtrs
Independent living facilities	`RevenueFromContractWithCustomerExcludingAssessedTax`	$615.00K	USD	1 Quarter
Interest and other income	`InterestAndOtherIncome`	$2.30M	USD	2 Qtrs
Interest and other income	`InterestAndOtherIncome`	$1.05M	USD	1 Quarter
Interest and other income	`InterestAndOtherIncome`	$514.00K	USD	1 Quarter
Interest and other income	`InterestAndOtherIncome`	$1.02M	USD	2 Qtrs
Total revenues	`Revenues`	$44.17M	USD	1 Quarter
Total revenues	`Revenues`	$94.01M	USD	2 Qtrs
Total revenues	`Revenues`	$88.51M	USD	2 Qtrs
Total revenues	`Revenues`	$48.26M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$13.84M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$27.32M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$26.40M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$13.24M	USD	1 Quarter
Interest expense	`InterestExpense`	$12.30M	USD	2 Qtrs
Interest expense	`InterestExpense`	$6.53M	USD	1 Quarter
Interest expense	`InterestExpense`	$5.85M	USD	1 Quarter
Interest expense	`InterestExpense`	$12.56M	USD	2 Qtrs
Property taxes	`RealEstateTaxExpense`	$766.00K	USD	1 Quarter
Property taxes	`RealEstateTaxExpense`	$1.32M	USD	2 Qtrs
Property taxes	`RealEstateTaxExpense`	$1.46M	USD	2 Qtrs
Property taxes	`RealEstateTaxExpense`	$837.00K	USD	1 Quarter
Independent living facilities	`CostOfGoodsAndServicesSold`	-	USD	1 Quarter
Independent living facilities	`CostOfGoodsAndServicesSold`	$546.00K	USD	1 Quarter
Independent living facilities	`CostOfGoodsAndServicesSold`	$1.09M	USD	2 Qtrs
Independent living facilities	`CostOfGoodsAndServicesSold`	-	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$4.76M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$8.82M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$5.80M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$10.94M	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$26.94M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$50.19M	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$52.01M	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$25.23M	USD	1 Quarter
Loss on sale of real estate	`GainsLossesOnSalesOfInvestmentRealEstate`	$-192.00K	USD	2 Qtrs
Loss on sale of real estate	`GainsLossesOnSalesOfInvestmentRealEstate`	-	USD	1 Quarter
Loss on sale of real estate	`GainsLossesOnSalesOfInvestmentRealEstate`	$-56.00K	USD	2 Qtrs
Loss on sale of real estate	`GainsLossesOnSalesOfInvestmentRealEstate`	-	USD	1 Quarter
Net income	`NetIncomeLoss`	$38.26M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$41.80M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$21.32M	USD	1 Quarter
Net income	`NetIncomeLoss`	$20.49M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.32M	USD	1 Quarter
Net income	`NetIncomeLoss`	$18.93M	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$0.43	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$0.20	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$0.40	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$0.22	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.43	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.20	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.22	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.40	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	95.73M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	96.08M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	95.21M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	95.19M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	95.75M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	95.19M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	96.12M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	95.21M	shares	1 Quarter

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$38.26M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$41.80M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$21.32M	USD	1 Quarter
Net income	`NetIncomeLoss`	$20.49M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.32M	USD	1 Quarter
Net income	`NetIncomeLoss`	$18.93M	USD	1 Quarter
Depreciation and amortization (including below-market ground leases)	`DepreciationDepletionAndAmortization`	$26.43M	USD	2 Qtrs
Depreciation and amortization (including below-market ground leases)	`DepreciationDepletionAndAmortization`	$27.34M	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCostsAndDiscounts`	$1.01M	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCostsAndDiscounts`	$975.00K	USD	2 Qtrs
Amortization of stock-based compensation	`AllocatedShareBasedCompensationExpense`	$1.85M	USD	2 Qtrs
Amortization of stock-based compensation	`AllocatedShareBasedCompensationExpense`	$3.40M	USD	2 Qtrs
Amortization of stock-based compensation	`AllocatedShareBasedCompensationExpense`	$963.00K	USD	1 Quarter
Amortization of stock-based compensation	`AllocatedShareBasedCompensationExpense`	$1.81M	USD	1 Quarter
Straight-line rental income	`StraightLineRent`	$8.00K	USD	1 Quarter
Straight-line rental income	`StraightLineRent`	$48.00K	USD	2 Qtrs
Straight-line rental income	`StraightLineRent`	$22.00K	USD	1 Quarter
Straight-line rental income	`StraightLineRent`	$20.00K	USD	2 Qtrs
Loss on sale of real estate	`GainsLossesOnSalesOfInvestmentRealEstate`	$-192.00K	USD	2 Qtrs
Loss on sale of real estate	`GainsLossesOnSalesOfInvestmentRealEstate`	-	USD	1 Quarter
Loss on sale of real estate	`GainsLossesOnSalesOfInvestmentRealEstate`	$-56.00K	USD	2 Qtrs
Loss on sale of real estate	`GainsLossesOnSalesOfInvestmentRealEstate`	-	USD	1 Quarter
Interest income distribution from other real estate investment	`EquityMethodInvestmentDividendsOrDistributions`	$1.35M	USD	2 Qtrs
Interest income distribution from other real estate investment	`EquityMethodInvestmentDividendsOrDistributions`	-	USD	2 Qtrs
Accounts and other receivables	`IncreaseDecreaseInAccountsReceivable`	$-806.00K	USD	2 Qtrs
Accounts and other receivables	`IncreaseDecreaseInAccountsReceivable`	$93.00K	USD	2 Qtrs
Prepaid expenses and other assets, net	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-88.00K	USD	2 Qtrs
Prepaid expenses and other assets, net	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-528.00K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-3.17M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.26M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$70.56M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$67.94M	USD	2 Qtrs
Acquisitions of real estate, net of deposits applied	`PaymentsToAcquireCommercialRealEstate`	$25.91M	USD	2 Qtrs
Acquisitions of real estate, net of deposits applied	`PaymentsToAcquireCommercialRealEstate`	$147.81M	USD	2 Qtrs
Purchases of equipment, furniture and fixtures and improvements to real estate	`PaymentsToAcquireEquipmentFurnitureAndFixturesAndDevelopRealEstateAssets`	$6.23M	USD	2 Qtrs
Purchases of equipment, furniture and fixtures and improvements to real estate	`PaymentsToAcquireEquipmentFurnitureAndFixturesAndDevelopRealEstateAssets`	$3.46M	USD	2 Qtrs
Investment in real estate mortgage and other loans receivable	`PaymentsToAcquireLoansReceivable`	$13.96M	USD	2 Qtrs
Investment in real estate mortgage and other loans receivable	`PaymentsToAcquireLoansReceivable`	$700.00K	USD	2 Qtrs
Principal payments received on real estate mortgage and other loans receivable	`ProceedsFromCollectionOfLoansReceivable`	$113.00K	USD	2 Qtrs
Principal payments received on real estate mortgage and other loans receivable	`ProceedsFromCollectionOfLoansReceivable`	$66.96M	USD	2 Qtrs
Repayment of other real estate investment	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	-	USD	2 Qtrs
Repayment of other real estate investment	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$2.33M	USD	2 Qtrs
Net proceeds from sales of real estate	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$6.81M	USD	2 Qtrs
Net proceeds from sales of real estate	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$2.13M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$25.32M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-145.04M	USD	2 Qtrs
Proceeds from (costs paid for) the issuance of common stock, net	`ProceedsFromIssuanceOfCommonStock`	$22.95M	USD	2 Qtrs
Proceeds from (costs paid for) the issuance of common stock, net	`PaymentsOfStockIssuanceCosts`	$404.00K	USD	2 Qtrs
Proceeds from the issuance of senior unsecured notes payable	`ProceedsFromIssuanceOfUnsecuredDebt`	-	USD	2 Qtrs
Proceeds from the issuance of senior unsecured notes payable	`ProceedsFromIssuanceOfUnsecuredDebt`	$400.00M	USD	2 Qtrs
Borrowings under unsecured revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$170.00M	USD	2 Qtrs
Borrowings under unsecured revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$15.00M	USD	2 Qtrs
Payments on unsecured revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$75.00M	USD	2 Qtrs
Payments on unsecured revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$170.00M	USD	2 Qtrs
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$5.58M	USD	2 Qtrs
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	-	USD	2 Qtrs
Net-settle adjustment on restricted stock	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.99M	USD	2 Qtrs
Net-settle adjustment on restricted stock	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.33M	USD	2 Qtrs
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$49.51M	USD	2 Qtrs
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$45.41M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$366.52M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-107.80M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$292.04M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents, and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-14.53M	USD	2 Qtrs
Cash, cash equivalents, and restricted cash as of the beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.80M	USD	Point-in-time
Cash, cash equivalents, and restricted cash as of the beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.33M	USD	Point-in-time
Cash, cash equivalents, and restricted cash as of the beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$310.96M	USD	Point-in-time
Cash, cash equivalents, and restricted cash as of the beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.92M	USD	Point-in-time
Cash, cash equivalents, and restricted cash as of the end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.80M	USD	Point-in-time
Cash, cash equivalents, and restricted cash as of the end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.33M	USD	Point-in-time
Cash, cash equivalents, and restricted cash as of the end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$310.96M	USD	Point-in-time
Cash, cash equivalents, and restricted cash as of the end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.92M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$11.59M	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$10.66M	USD	2 Qtrs
Increase in dividends payable	`IncreaseDecreaseInDividendsPayable`	$1.83M	USD	2 Qtrs
Increase in dividends payable	`IncreaseDecreaseInDividendsPayable`	$2.46M	USD	2 Qtrs
Right-of-use asset obtained in exchange for new operating lease obligation	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$599.00K	USD	2 Qtrs
Right-of-use asset obtained in exchange for new operating lease obligation	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	-	USD	2 Qtrs
Increased in deferred financing costs payable	`IncreaseDecreaseInDeferredFinancingCostsPayable`	-	USD	2 Qtrs
Increased in deferred financing costs payable	`IncreaseDecreaseInDeferredFinancingCostsPayable`	$618.00K	USD	2 Qtrs
Transfer of pre-acquisition costs to acquired assets	`TransferOfPreacquisitionCostsToAcquiredAssets`	$358.00K	USD	2 Qtrs
Transfer of pre-acquisition costs to acquired assets	`TransferOfPreacquisitionCostsToAcquiredAssets`	$167.00K	USD	2 Qtrs
Sale of real estate settled with note receivable	`NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1`	-	USD	2 Qtrs
Sale of real estate settled with note receivable	`NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1`	$32.40M	USD	2 Qtrs

Stockholders Equity 36 line items

Line Item	Tag	Value	Unit	Period
Common dividends (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.25	USD	1 Quarter
Common dividends (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.25	USD	1 Quarter
Common dividends (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.27	USD	1 Quarter
Common dividends (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.27	USD	1 Quarter
Beginning balance	`StockholdersEquity`	$929.61M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$927.59M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$925.44M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$914.14M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$917.45M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$921.79M	USD	Point-in-time
Issuance of common stock, net	`StockIssuedDuringPeriodValueNewIssues`	$6.75M	USD	1 Quarter
Issuance of common stock, net	`StockIssuedDuringPeriodValueNewIssues`	$16.19M	USD	1 Quarter
Issuance of common stock, net	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$314.00K	USD	1 Quarter
Issuance of common stock, net	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$90.00K	USD	1 Quarter
Vesting of restricted common stock, net of shares withheld for employee taxes	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-1.33M	USD	1 Quarter
Vesting of restricted common stock, net of shares withheld for employee taxes	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-1.99M	USD	1 Quarter
Amortization of stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.58M	USD	1 Quarter
Amortization of stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$963.00K	USD	1 Quarter
Amortization of stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.81M	USD	1 Quarter
Amortization of stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$884.00K	USD	1 Quarter
Common dividends	`DividendsCommonStock`	$23.93M	USD	1 Quarter
Common dividends	`DividendsCommonStock`	$23.93M	USD	1 Quarter
Common dividends	`DividendsCommonStock`	$25.71M	USD	1 Quarter
Common dividends	`DividendsCommonStock`	$25.63M	USD	1 Quarter
Net income	`NetIncomeLoss`	$38.26M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$41.80M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$21.32M	USD	1 Quarter
Net income	`NetIncomeLoss`	$20.49M	USD	1 Quarter
Net income	`NetIncomeLoss`	$19.32M	USD	1 Quarter
Net income	`NetIncomeLoss`	$18.93M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$929.61M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$927.59M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$925.44M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$914.14M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$917.45M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$921.79M	USD	Point-in-time

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