10-Q Filing

CARETRUST REIT, INC. CIK: 1590717 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001628280-22-021062`
Period End Date	20220630
Filing Date	20220804
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	ctre-20220630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 62 Income Statement 70 Cash Flow Statement 88 Stockholders Equity 39

Balance Sheet 62 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, authorized (shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Real estate investments, net	`RealEstateInvestmentPropertyNet`	$1.39B	USD	Point-in-time
Preferred stock, authorized (shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Real estate investments, net	`RealEstateInvestmentPropertyNet`	$1.59B	USD	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
Preferred stock, issued (shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other real estate investments	`RealEstateInvestmentsJointVentures`	$115.17M	USD	Point-in-time
Preferred stock, outstanding (shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Assets held for sale, net	`AssetsHeldForSaleNotPartOfDisposalGroup`	$4.83M	USD	Point-in-time
Assets held for sale, net	`AssetsHeldForSaleNotPartOfDisposalGroup`	$141.77M	USD	Point-in-time
Preferred stock, outstanding (shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$30.27M	USD	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$19.89M	USD	Point-in-time
Accounts and other receivables	`AccountsReceivableNet`	$2.42M	USD	Point-in-time
Common stock, authorized (shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Accounts and other receivables	`AccountsReceivableNet`	$875.00K	USD	Point-in-time
Common stock, authorized (shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Prepaid expenses and other assets, net	`PrepaidExpenseAndOtherAssets`	$7.51M	USD	Point-in-time
Common stock, issued (shares)	`CommonStockSharesIssued`	96.61M	shares	Point-in-time
Common stock, issued (shares)	`CommonStockSharesIssued`	96.30M	shares	Point-in-time
Prepaid expenses and other assets, net	`PrepaidExpenseAndOtherAssets`	$6.84M	USD	Point-in-time
Deferred financing costs, net	`DeferredFinanceCostsNet`	$1.06M	USD	Point-in-time
Common stock, outstanding (shares)	`CommonStockSharesOutstanding`	96.30M	shares	Point-in-time
Deferred financing costs, net	`DeferredFinanceCostsNet`	$572.00K	USD	Point-in-time
Common stock, outstanding (shares)	`CommonStockSharesOutstanding`	96.61M	shares	Point-in-time
Total assets	`Assets`	$1.69B	USD	Point-in-time
Total assets	`Assets`	$1.64B	USD	Point-in-time
Senior unsecured notes payable, net	`UnsecuredLongTermDebt`	$394.71M	USD	Point-in-time
Senior unsecured notes payable, net	`UnsecuredLongTermDebt`	$394.26M	USD	Point-in-time
Senior unsecured term loan, net	`LongTermLoansPayable`	$199.24M	USD	Point-in-time
Senior unsecured term loan, net	`LongTermLoansPayable`	$199.14M	USD	Point-in-time
Unsecured revolving credit facility	`LineOfCredit`	$80.00M	USD	Point-in-time
Unsecured revolving credit facility	`LineOfCredit`	$205.00M	USD	Point-in-time
Accounts payable, accrued liabilities and deferred rent liabilities	`AccountsPayableAndOtherAccruedLiabilities`	$25.41M	USD	Point-in-time
Accounts payable, accrued liabilities and deferred rent liabilities	`AccountsPayableAndOtherAccruedLiabilities`	$21.75M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$26.29M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$26.81M	USD	Point-in-time
Total liabilities	`Liabilities`	$725.09M	USD	Point-in-time
Total liabilities	`Liabilities`	$847.50M	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, 2022 and December 31, 2021	`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, 2022 and December 31, 2021	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value; 500,000,000 shares authorized, 96,605,112 and 96,296,673 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$963.00K	USD	Point-in-time
Common stock, $0.01 par value; 500,000,000 shares authorized, 96,605,112 and 96,296,673 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$966.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.20B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.20B	USD	Point-in-time
Cumulative distributions in excess of earnings	`AccumulatedDistributionsInExcessOfNetIncome`	$282.05M	USD	Point-in-time
Cumulative distributions in excess of earnings	`AccumulatedDistributionsInExcessOfNetIncome`	$357.98M	USD	Point-in-time
Total equity	`StockholdersEquity`	$929.61M	USD	Point-in-time
Total equity	`StockholdersEquity`	$915.76M	USD	Point-in-time
Total equity	`StockholdersEquity`	$914.14M	USD	Point-in-time
Total equity	`StockholdersEquity`	$844.58M	USD	Point-in-time
Total equity	`StockholdersEquity`	$838.27M	USD	Point-in-time
Total equity	`StockholdersEquity`	$925.44M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.69B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.64B	USD	Point-in-time

Income Statement 70 line items

Line Item	Tag	Value	Unit	Period
Rental income	`OperatingLeaseLeaseIncome`	$92.81M	USD	2 Qtrs
Rental income	`OperatingLeaseLeaseIncome`	$46.81M	USD	1 Quarter
Rental income	`OperatingLeaseLeaseIncome`	$92.99M	USD	2 Qtrs
Rental income	`OperatingLeaseLeaseIncome`	$47.74M	USD	1 Quarter
Interest and other income	`InterestAndOtherIncome`	$747.00K	USD	1 Quarter
Interest and other income	`InterestAndOtherIncome`	$514.00K	USD	1 Quarter
Interest and other income	`InterestAndOtherIncome`	$1.22M	USD	2 Qtrs
Interest and other income	`InterestAndOtherIncome`	$1.02M	USD	2 Qtrs
Total revenues	`Revenues`	$47.55M	USD	1 Quarter
Total revenues	`Revenues`	$48.26M	USD	1 Quarter
Total revenues	`Revenues`	$94.03M	USD	2 Qtrs
Total revenues	`Revenues`	$94.01M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$26.13M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$27.32M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$13.84M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$12.56M	USD	1 Quarter
Interest expense	`InterestExpense`	$6.53M	USD	1 Quarter
Interest expense	`InterestExpense`	$6.30M	USD	1 Quarter
Interest expense	`InterestExpense`	$12.30M	USD	2 Qtrs
Interest expense	`InterestExpense`	$12.04M	USD	2 Qtrs
Property taxes	`RealEstateTaxExpense`	$1.25M	USD	1 Quarter
Property taxes	`RealEstateTaxExpense`	$766.00K	USD	1 Quarter
Property taxes	`RealEstateTaxExpense`	$1.46M	USD	2 Qtrs
Property taxes	`RealEstateTaxExpense`	$2.67M	USD	2 Qtrs
Impairment of real estate investments	`ImpairmentLossesRelatedToRealEstatePartnerships`	$1.70M	USD	1 Quarter
Impairment of real estate investments	`ImpairmentLossesRelatedToRealEstatePartnerships`	-	USD	1 Quarter
Impairment of real estate investments	`ImpairmentLossesRelatedToRealEstatePartnerships`	-	USD	2 Qtrs
Impairment of real estate investments	`ImpairmentLossesRelatedToRealEstatePartnerships`	$61.38M	USD	2 Qtrs
Provision for loan losses, net	`ProvisionForLoanLossesExpensed`	-	USD	1 Quarter
Provision for loan losses, net	`ProvisionForLoanLossesExpensed`	-	USD	2 Qtrs
Provision for loan losses, net	`ProvisionForLoanLossesExpensed`	-	USD	1 Quarter
Provision for loan losses, net	`ProvisionForLoanLossesExpensed`	$3.84M	USD	2 Qtrs
Property operating expenses	`CostOfOtherPropertyOperatingExpense`	-	USD	1 Quarter
Property operating expenses	`CostOfOtherPropertyOperatingExpense`	$536.00K	USD	2 Qtrs
Property operating expenses	`CostOfOtherPropertyOperatingExpense`	$89.00K	USD	1 Quarter
Property operating expenses	`CostOfOtherPropertyOperatingExpense`	-	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$10.19M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$4.98M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$5.80M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$10.94M	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$52.01M	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$26.94M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$26.88M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$116.81M	USD	2 Qtrs
Gain (loss) on sale of real estate	`GainsLossesOnSalesOfInvestmentRealEstate`	$-192.00K	USD	2 Qtrs
Gain (loss) on sale of real estate	`GainsLossesOnSalesOfInvestmentRealEstate`	-	USD	1 Quarter
Gain (loss) on sale of real estate	`GainsLossesOnSalesOfInvestmentRealEstate`	-	USD	1 Quarter
Gain (loss) on sale of real estate	`GainsLossesOnSalesOfInvestmentRealEstate`	$186.00K	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$41.80M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$20.49M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$20.67M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$21.32M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-43.26M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-22.59M	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$0.21	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$-0.24	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$0.43	USD	2 Qtrs
Basic (in usd per share)	`EarningsPerShareBasic`	$0.22	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.21	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.22	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$-0.24	USD	2 Qtrs
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.43	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`	96.49M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	96.56M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	96.49M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	96.60M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	95.75M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	96.12M	shares	1 Quarter

Cash Flow Statement 88 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`NetIncomeLoss`	$41.80M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$20.49M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$20.67M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$21.32M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-43.26M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-22.59M	USD	2 Qtrs
Depreciation and amortization (including below-market ground leases)	`DepreciationAndAmortizationIncludingBelowMarketGroundLeasesExcludingAmortizationOfDeferredFinancingCosts`	$26.17M	USD	2 Qtrs
Depreciation and amortization (including below-market ground leases)	`DepreciationAndAmortizationIncludingBelowMarketGroundLeasesExcludingAmortizationOfDeferredFinancingCosts`	$27.34M	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCostsAndDiscounts`	$1.01M	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCostsAndDiscounts`	$1.04M	USD	2 Qtrs
Amortization of stock-based compensation	`AllocatedShareBasedCompensationExpense`	$3.40M	USD	2 Qtrs
Amortization of stock-based compensation	`AllocatedShareBasedCompensationExpense`	$1.39M	USD	1 Quarter
Amortization of stock-based compensation	`AllocatedShareBasedCompensationExpense`	$1.81M	USD	1 Quarter
Amortization of stock-based compensation	`AllocatedShareBasedCompensationExpense`	$2.92M	USD	2 Qtrs
Straight-line rental income	`StraightLineRent`	$5.00K	USD	1 Quarter
Straight-line rental income	`StraightLineRent`	$20.00K	USD	2 Qtrs
Straight-line rental income	`StraightLineRent`	$8.00K	USD	1 Quarter
Straight-line rental income	`StraightLineRent`	$11.00K	USD	2 Qtrs
Adjustment for collectibility of rental income	`SalesTypeLeaseImpairmentLoss`	$977.00K	USD	2 Qtrs
Adjustment for collectibility of rental income	`SalesTypeLeaseImpairmentLoss`	-	USD	2 Qtrs
Noncash interest income	`OtherNoncashIncome`	$13.00K	USD	2 Qtrs
Noncash interest income	`OtherNoncashIncome`	-	USD	2 Qtrs
(Gain) loss on sale of real estate	`GainsLossesOnSalesOfInvestmentRealEstate`	$-192.00K	USD	2 Qtrs
(Gain) loss on sale of real estate	`GainsLossesOnSalesOfInvestmentRealEstate`	-	USD	1 Quarter
(Gain) loss on sale of real estate	`GainsLossesOnSalesOfInvestmentRealEstate`	-	USD	1 Quarter
(Gain) loss on sale of real estate	`GainsLossesOnSalesOfInvestmentRealEstate`	$186.00K	USD	2 Qtrs
Impairment of real estate investments	`ImpairmentLossesRelatedToRealEstatePartnerships`	$1.70M	USD	1 Quarter
Impairment of real estate investments	`ImpairmentLossesRelatedToRealEstatePartnerships`	-	USD	1 Quarter
Impairment of real estate investments	`ImpairmentLossesRelatedToRealEstatePartnerships`	-	USD	2 Qtrs
Impairment of real estate investments	`ImpairmentLossesRelatedToRealEstatePartnerships`	$61.38M	USD	2 Qtrs
Provision for loan losses, net	`ProvisionForLoanLossesExpensed`	-	USD	1 Quarter
Provision for loan losses, net	`ProvisionForLoanLossesExpensed`	-	USD	2 Qtrs
Provision for loan losses, net	`ProvisionForLoanLossesExpensed`	-	USD	1 Quarter
Provision for loan losses, net	`ProvisionForLoanLossesExpensed`	$3.84M	USD	2 Qtrs
Accounts and other receivables	`IncreaseDecreaseInAccountsReceivable`	$-578.00K	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`	$1.72M	USD	2 Qtrs
Accounts payable, accrued liabilities and deferred rent liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-4.07M	USD	2 Qtrs
Accounts payable, accrued liabilities and deferred rent liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-3.17M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$70.56M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$68.30M	USD	2 Qtrs
Acquisitions of real estate, net of deposits applied	`PaymentsToAcquireCommercialRealEstate`	$21.91M	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`	$3.63M	USD	2 Qtrs
Purchases of equipment, furniture and fixtures and improvements to real estate	`PaymentsToAcquireEquipmentFurnitureAndFixturesAndDevelopRealEstateAssets`	$3.46M	USD	2 Qtrs
Investment in real estate related and other loans receivable	`PaymentsToAcquireLoansReceivable`	$102.09M	USD	2 Qtrs
Investment in real estate related and other loans receivable	`PaymentsToAcquireLoansReceivable`	$700.00K	USD	2 Qtrs
Principal payments received on real estate related and other loans receivable	`ProceedsFromCollectionOfLoansReceivable`	$1.03M	USD	2 Qtrs
Principal payments received on real estate related and other loans receivable	`ProceedsFromCollectionOfLoansReceivable`	$113.00K	USD	2 Qtrs
Net proceeds from sales of real estate	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$959.00K	USD	2 Qtrs
Net proceeds from sales of real estate	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$6.81M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-145.04M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-125.64M	USD	2 Qtrs
Proceeds from the issuance of common stock, net	`ProceedsFromIssuanceOfCommonStock`	$22.95M	USD	2 Qtrs
Proceeds from the issuance of common stock, net	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from the issuance of senior unsecured notes payable	`ProceedsFromIssuanceOfUnsecuredDebt`	$400.00M	USD	2 Qtrs
Proceeds from the issuance of senior unsecured notes payable	`ProceedsFromIssuanceOfUnsecuredDebt`	-	USD	2 Qtrs
Borrowings under unsecured revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$125.00M	USD	2 Qtrs
Borrowings under unsecured revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$170.00M	USD	2 Qtrs
Payments on unsecured revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$170.00M	USD	2 Qtrs
Payments on unsecured revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	-	USD	2 Qtrs
Payments on debt extinguishment and deferred financing costs	`PaymentsOfFinancingCosts`	$5.58M	USD	2 Qtrs
Payments on debt extinguishment and deferred financing costs	`PaymentsOfFinancingCosts`	-	USD	2 Qtrs
Net-settle adjustment on restricted stock	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.33M	USD	2 Qtrs
Net-settle adjustment on restricted stock	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$4.47M	USD	2 Qtrs
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$49.51M	USD	2 Qtrs
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$52.82M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$67.71M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$366.52M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$10.37M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$292.04M	USD	2 Qtrs
Cash and cash equivalents as of the beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.89M	USD	Point-in-time
Cash and cash equivalents as of the beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$30.27M	USD	Point-in-time
Cash and cash equivalents as of the beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$310.96M	USD	Point-in-time
Cash and cash equivalents as of the beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.92M	USD	Point-in-time
Cash and cash equivalents as of the end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.89M	USD	Point-in-time
Cash and cash equivalents as of the end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$30.27M	USD	Point-in-time
Cash and cash equivalents as of the end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$310.96M	USD	Point-in-time
Cash and cash equivalents as of the end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.92M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$10.66M	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$10.99M	USD	2 Qtrs
Increase in dividends payable	`IncreaseDecreaseInDividendsPayable`	$1.83M	USD	2 Qtrs
Increase in dividends payable	`IncreaseDecreaseInDividendsPayable`	$522.00K	USD	2 Qtrs
Increase in deferred financing costs payable	`IncreaseDecreaseInDeferredFinancingCostsPayable`	-	USD	2 Qtrs
Increase 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`	$7.00K	USD	2 Qtrs

Stockholders Equity 39 line items

Line Item	Tag	Value	Unit	Period
Common dividends (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.28	USD	1 Quarter
Common dividends (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.27	USD	1 Quarter
Common dividends (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.28	USD	1 Quarter
Common dividends (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.27	USD	1 Quarter
Beginning balance (in shares)	`CommonStockSharesOutstanding`	96.30M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	96.61M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$929.61M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$915.76M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$914.14M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$844.58M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$838.27M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$925.44M	USD	Point-in-time
Issuance of common stock, net	`StockIssuedDuringPeriodValueNewIssues`	$16.19M	USD	1 Quarter
Issuance of common stock, net	`StockIssuedDuringPeriodValueNewIssues`	$6.75M	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`	$-2.77M	USD	1 Quarter
Vesting of restricted common stock, net of shares withheld for employee taxes	`RestrictedStockValueSharesIssuedNetOfTaxWithholdings`	$-1.70M	USD	1 Quarter
Amortization of stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.52M	USD	1 Quarter
Amortization of stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.81M	USD	1 Quarter
Amortization of stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.58M	USD	1 Quarter
Amortization of stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.39M	USD	1 Quarter
Common dividends	`DividendsCommonStock`	$26.66M	USD	1 Quarter
Common dividends	`DividendsCommonStock`	$25.71M	USD	1 Quarter
Common dividends	`DividendsCommonStock`	$25.63M	USD	1 Quarter
Common dividends	`DividendsCommonStock`	$26.68M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$41.80M	USD	2 Qtrs
Net (loss) income	`NetIncomeLoss`	$20.49M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$20.67M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$21.32M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-43.26M	USD	1 Quarter
Net (loss) income	`NetIncomeLoss`	$-22.59M	USD	2 Qtrs
Ending balance (in shares)	`CommonStockSharesOutstanding`	96.30M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	96.61M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$929.61M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$915.76M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$914.14M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$844.58M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$838.27M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$925.44M	USD	Point-in-time

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