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10-Q Filing

ESSENTIAL PROPERTIES REALTY TRUST, INC. CIK: 1728951 Q1 2021
Filing Information
Form Type 10-Q
Accession Number 0001728951-21-000043
Period End Date 20210331
Filing Date 20210503
Fiscal Year 2021
Fiscal Period Q1
XBRL Instance eprt-20210331_htm.xml
Balance Sheet 96 line items
Line Item Tag Value Unit Period
Land and improvements LandAndLandImprovements $741.25M USD Point-in-time
Land and improvements LandAndLandImprovements $790.39M USD Point-in-time
Building and improvements BuildingsAndImprovementsGross $1.63B USD Point-in-time
Building and improvements BuildingsAndImprovementsGross $1.52B USD Point-in-time
Preferred shares, par value per share (in USD per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred shares, par value per share (in USD per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Lease incentives LeaseIncentiveReceivable $14.30M USD Point-in-time
Lease incentives LeaseIncentiveReceivable $14.19M USD Point-in-time
Construction in progress ConstructionInProgressGross $4.03M USD Point-in-time
Preferred shares, authorized shares (in shares) PreferredStockSharesAuthorized 150.00M shares Point-in-time
Preferred shares, authorized shares (in shares) PreferredStockSharesAuthorized 150.00M shares Point-in-time
Construction in progress ConstructionInProgressGross $3.91M USD Point-in-time
Intangible lease assets FiniteLivedIntangibleAssetsGrossExcludingRealEstateHeldForSale $80.27M USD Point-in-time
Preferred shares, issued shares (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Intangible lease assets FiniteLivedIntangibleAssetsGrossExcludingRealEstateHeldForSale $83.03M USD Point-in-time
Preferred shares, issued shares (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Total real estate investments, at cost RealEstateInvestmentsAtCost $2.52B USD Point-in-time
Preferred shares, outstanding shares (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Total real estate investments, at cost RealEstateInvestmentsAtCost $2.36B USD Point-in-time
Preferred shares, outstanding shares (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Less: accumulated depreciation and amortization RealEstateInvestmentPropertyAccumulatedDepreciationAndAmortization $100.47M USD Point-in-time
Less: accumulated depreciation and amortization RealEstateInvestmentPropertyAccumulatedDepreciationAndAmortization $136.10M USD Point-in-time
Less: accumulated depreciation and amortization RealEstateInvestmentPropertyAccumulatedDepreciationAndAmortization $150.84M USD Point-in-time
Common shares, par value per share (in USD per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common shares, par value per share (in USD per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Total real estate investments, net RealEstateInvestmentsNet $2.37B USD Point-in-time
Common shares, authorized shares (in shares) CommonStockSharesAuthorized 500.00M shares Point-in-time
Common shares, authorized shares (in shares) CommonStockSharesAuthorized 500.00M shares Point-in-time
Total real estate investments, net RealEstateInvestmentsNet $2.22B USD Point-in-time
Loans and direct financing lease receivables, net NotesReceivableNet $152.22M USD Point-in-time
Common shares, issued shares (in shares) CommonStockSharesIssued 106.36M shares Point-in-time
Common shares, issued shares (in shares) CommonStockSharesIssued 109.17M shares Point-in-time
Loans and direct financing lease receivables, net NotesReceivableNet $176.03M USD Point-in-time
Real estate investments held for sale, net RealEstateHeldforsale - USD Point-in-time
Real estate investments held for sale, net RealEstateHeldforsale $1.53M USD Point-in-time
Common shares, outstanding shares (in shares) CommonStockSharesOutstanding 109.17M shares Point-in-time
Real estate investments held for sale, net RealEstateHeldforsale $1.21M USD Point-in-time
Common shares, outstanding shares (in shares) CommonStockSharesOutstanding 106.36M shares Point-in-time
Real estate investments held for sale, net RealEstateHeldforsale $17.06M USD Point-in-time
Dividend payable DividendsPayableCurrentAndNoncurrent $25.70M USD Point-in-time
Net investments NetInvestmentsInRealEstateRelatedAssets $2.39B USD Point-in-time
Net investments NetInvestmentsInRealEstateRelatedAssets $2.05B USD Point-in-time
Dividend payable DividendsPayableCurrentAndNoncurrent $26.40M USD Point-in-time
Net investments NetInvestmentsInRealEstateRelatedAssets $2.55B USD Point-in-time
Dividend payable DividendsPayableCurrentAndNoncurrent $21.30M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $192.62M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $42.84M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $26.60M USD Point-in-time
Restricted cash RestrictedCash $1.97M USD Point-in-time
Restricted cash RestrictedCash $21.46M USD Point-in-time
Restricted cash RestrictedCash $6.39M USD Point-in-time
Straight-line rent receivable, net StraightLineRentReceivableNet $37.83M USD Point-in-time
Straight-line rent receivable, net StraightLineRentReceivableNet $41.48M USD Point-in-time
Rent receivables, prepaid expenses and other assets, net PrepaidExpenseAndOtherAssets $25.41M USD Point-in-time
Rent receivables, prepaid expenses and other assets, net PrepaidExpenseAndOtherAssets $27.83M USD Point-in-time
Total assets Assets $2.66B USD Point-in-time
Total assets Assets $2.49B USD Point-in-time
Secured borrowings, net of deferred financing costs SecuredBorrowingsNetOfDeferredFinancingCosts $170.16M USD Point-in-time
Secured borrowings, net of deferred financing costs SecuredBorrowingsNetOfDeferredFinancingCosts $171.01M USD Point-in-time
Unsecured term loans, net of deferred financing costs UnsecuredDebt $626.27M USD Point-in-time
Unsecured term loans, net of deferred financing costs UnsecuredDebt $626.45M USD Point-in-time
Revolving credit facility LineOfCredit $18.00M USD Point-in-time
Revolving credit facility LineOfCredit $138.00M USD Point-in-time
Intangible lease liabilities, net FiniteLivedIntangibleLiabilitiesNet $10.17M USD Point-in-time
Intangible lease liabilities, net FiniteLivedIntangibleLiabilitiesNet $10.05M USD Point-in-time
Dividend payable DividendsPayableCurrentAndNoncurrent $25.70M USD Point-in-time
Dividend payable DividendsPayableCurrentAndNoncurrent $26.40M USD Point-in-time
Dividend payable DividendsPayableCurrentAndNoncurrent $21.30M USD Point-in-time
Derivative liabilities DerivativeInstrumentsAndHedgesLiabilities $20.89M USD Point-in-time
Derivative liabilities DerivativeInstrumentsAndHedgesLiabilities $38.91M USD Point-in-time
Accrued liabilities and other payables AccruedLiabilitiesAndOtherLiabilities $16.49M USD Point-in-time
Accrued liabilities and other payables AccruedLiabilitiesAndOtherLiabilities $16.79M USD Point-in-time
Total liabilities Liabilities $1.01B USD Point-in-time
Total liabilities Liabilities $906.85M USD Point-in-time
Commitments and contingencies (see Note 11) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (see Note 11) CommitmentsAndContingencies - USD Point-in-time
Preferred stock, $0.01 par value; 150,000,000 authorized; none issued and outstanding as of March 31, 2021 and December 31, 2020 PreferredStockValue - USD Point-in-time
Preferred stock, $0.01 par value; 150,000,000 authorized; none issued and outstanding as of March 31, 2021 and December 31, 2020 PreferredStockValue - USD Point-in-time
Common stock, $0.01 par value; 500,000,000 authorized; 109,171,639 and 106,361,524 issued and outstanding as of March 31, 2021 and December 31, 2020, respectively CommonStockValue $1.09M USD Point-in-time
Common stock, $0.01 par value; 500,000,000 authorized; 109,171,639 and 106,361,524 issued and outstanding as of March 31, 2021 and December 31, 2020, respectively CommonStockValue $1.06M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $1.75B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $1.69B USD Point-in-time
Distributions in excess of cumulative earnings RetainedEarningsAccumulatedDeficit $-77.67M USD Point-in-time
Distributions in excess of cumulative earnings RetainedEarningsAccumulatedDeficit $-88.64M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-37.18M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-19.25M USD Point-in-time
Total stockholders' equity StockholdersEquity $1.65B USD Point-in-time
Total stockholders' equity StockholdersEquity $1.57B USD Point-in-time
Non-controlling interests MinorityInterest $7.23M USD Point-in-time
Non-controlling interests MinorityInterest $7.19M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.36B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.20B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.58B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.65B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $2.49B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $2.66B USD Point-in-time
Income Statement 48 line items
Line Item Tag Value Unit Period
Rental revenue LeaseIncome $39.54M USD 1 Quarter
Rental revenue LeaseIncome $45.43M USD 1 Quarter
Interest on loans and direct financing lease receivables InterestIncomeOnLoansAndDirectFinancingLeaseReceivables $1.94M USD 1 Quarter
Interest on loans and direct financing lease receivables InterestIncomeOnLoansAndDirectFinancingLeaseReceivables $3.10M USD 1 Quarter
Other revenue, net OtherIncome $15.00K USD 1 Quarter
Other revenue, net OtherIncome $7.00K USD 1 Quarter
Total revenues Revenues $48.55M USD 1 Quarter
Total revenues Revenues $41.49M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $6.43M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $7.54M USD 1 Quarter
Property expenses CostOfPropertyRepairsAndMaintenance $1.41M USD 1 Quarter
Property expenses CostOfPropertyRepairsAndMaintenance $373.00K USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $15.65M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $13.01M USD 1 Quarter
Provision for impairment of real estate AssetImpairmentCharges $373.00K USD 1 Quarter
Provision for impairment of real estate AssetImpairmentCharges $5.72M USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $38.00K USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $468.00K USD 1 Quarter
Total expenses CostsAndExpenses $21.76M USD 1 Quarter
Total expenses CostsAndExpenses $29.25M USD 1 Quarter
Gain on dispositions of real estate, net GainsLossesOnSalesOfInvestmentRealEstate $1.88M USD 1 Quarter
Gain on dispositions of real estate, net GainsLossesOnSalesOfInvestmentRealEstate $3.79M USD 1 Quarter
Income from operations OperatingIncomeLoss $23.09M USD 1 Quarter
Income from operations OperatingIncomeLoss $21.60M USD 1 Quarter
Loss on repayment of secured borrowings GainsLossesOnExtinguishmentOfDebt $-924.00K USD 1 Quarter
Loss on repayment of secured borrowings GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Interest expense InterestExpense $6.83M USD 1 Quarter
Interest expense InterestExpense $7.68M USD 1 Quarter
Interest income InterestIncomeOther $231.00K USD 1 Quarter
Interest income InterestIncomeOther $20.00K USD 1 Quarter
Income before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $15.43M USD 1 Quarter
Income before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $14.07M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $56.00K USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $31.00K USD 1 Quarter
Net income ProfitLoss $14.04M USD 1 Quarter
Net income ProfitLoss $15.38M USD 1 Quarter
Net income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $84.00K USD 1 Quarter
Net income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $80.00K USD 1 Quarter
Net income attributable to stockholders NetIncomeLoss $13.96M USD 1 Quarter
Net income attributable to stockholders NetIncomeLoss $15.29M USD 1 Quarter
Basic weighted average shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 90.32M shares 1 Quarter
Basic weighted average shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 106.99M shares 1 Quarter
Basic net income per share (in USD per share) EarningsPerShareBasic $0.14 USD 1 Quarter
Basic net income per share (in USD per share) EarningsPerShareBasic $0.15 USD 1 Quarter
Diluted weighted average shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 108.06M shares 1 Quarter
Diluted weighted average shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 91.33M shares 1 Quarter
Diluted net income per share (in USD per share) EarningsPerShareDiluted $0.14 USD 1 Quarter
Diluted net income per share (in USD per share) EarningsPerShareDiluted $0.15 USD 1 Quarter
Cash Flow Statement 92 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $14.04M USD 1 Quarter
Net income ProfitLoss $15.38M USD 1 Quarter
Depreciation and amortization DepreciationAndLeaseIntangibleAmortization $15.65M USD 1 Quarter
Depreciation and amortization DepreciationAndLeaseIntangibleAmortization $13.01M USD 1 Quarter
Amortization of lease incentive AmortizationOfLeaseIncentives $1.18M USD 1 Quarter
Amortization of lease incentive AmortizationOfLeaseIncentives $475.00K USD 1 Quarter
Amortization of above/below market leases and right of use assets, net AmortizationOfAboveOrBelowMarketLeasesAndRightOfUseAssetsNet $80.00K USD 1 Quarter
Amortization of above/below market leases and right of use assets, net AmortizationOfAboveOrBelowMarketLeasesAndRightOfUseAssetsNet $18.00K USD 1 Quarter
Amortization of deferred financing costs and other assets AmortizationOfDeferredFinancingCostsAndOtherAssets $663.00K USD 1 Quarter
Amortization of deferred financing costs and other assets AmortizationOfDeferredFinancingCostsAndOtherAssets $625.00K USD 1 Quarter
Loss on repayment of secured borrowings GainLossOnRepurchaseOfDebtInstrument - USD 1 Quarter
Loss on repayment of secured borrowings GainLossOnRepurchaseOfDebtInstrument $-924.00K USD 1 Quarter
Provision for impairment of real estate AssetImpairmentCharges $373.00K USD 1 Quarter
Provision for impairment of real estate AssetImpairmentCharges $5.72M USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $38.00K USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $468.00K USD 1 Quarter
Gain on dispositions of real estate, net GainsLossesOnSalesOfInvestmentRealEstate $1.88M USD 1 Quarter
Gain on dispositions of real estate, net GainsLossesOnSalesOfInvestmentRealEstate $3.79M USD 1 Quarter
Straight-line rent receivable StraightLineRent $3.65M USD 1 Quarter
Straight-line rent receivable StraightLineRent $3.19M USD 1 Quarter
Equity based compensation expense AllocatedShareBasedCompensationExpense $1.51M USD 1 Quarter
Equity based compensation expense AllocatedShareBasedCompensationExpense $1.59M USD 1 Quarter
Adjustment to rental revenue for tenant credit AdjustmentToRentalRevenueForTenantCredit $85.00K USD 1 Quarter
Adjustment to rental revenue for tenant credit AdjustmentToRentalRevenueForTenantCredit - USD 1 Quarter
Rent receivables, prepaid expenses and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-1.95M USD 1 Quarter
Rent receivables, prepaid expenses and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $2.47M USD 1 Quarter
Accrued liabilities and other payables IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities $-2.08M USD 1 Quarter
Accrued liabilities and other payables IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities $-247.00K USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $30.14M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $26.35M USD 1 Quarter
Proceeds from sales of real estate, net ProceedsFromSaleOfRealEstateHeldforinvestment $19.60M USD 1 Quarter
Proceeds from sales of real estate, net ProceedsFromSaleOfRealEstateHeldforinvestment $24.26M USD 1 Quarter
Principal collections on loans and direct financing lease receivables ProceedsFromCollectionOfLoansAndDirectFinanceLeaseReceivables $942.00K USD 1 Quarter
Principal collections on loans and direct financing lease receivables ProceedsFromCollectionOfLoansAndDirectFinanceLeaseReceivables $66.00K USD 1 Quarter
Investments in loans receivable PaymentsToAcquireLoansReceivable $23.82M USD 1 Quarter
Investments in loans receivable PaymentsToAcquireLoansReceivable $8.02M USD 1 Quarter
Deposits for prospective real estate investments PaymentsForProceedsFromDepositsOnRealEstateAcquisitions $-608.00K USD 1 Quarter
Deposits for prospective real estate investments PaymentsForProceedsFromDepositsOnRealEstateAcquisitions $600.00K USD 1 Quarter
Investment in real estate, including capital expenditures PaymentsToAcquireRealEstateHeldForInvestment $155.88M USD 1 Quarter
Investment in real estate, including capital expenditures PaymentsToAcquireRealEstateHeldForInvestment $174.69M USD 1 Quarter
Investment in construction in progress PaymentsForInvestmentInConstructionInProgress $3.65M USD 1 Quarter
Investment in construction in progress PaymentsForInvestmentInConstructionInProgress $121.00K USD 1 Quarter
Lease incentives paid PaymentsForLeaseIncentives $900.00K USD 1 Quarter
Lease incentives paid PaymentsForLeaseIncentives $1.31M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-175.34M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-148.18M USD 1 Quarter
Repayments of secured borrowings RepaymentsOfSecuredDebt $1.00M USD 1 Quarter
Repayments of secured borrowings RepaymentsOfSecuredDebt $62.98M USD 1 Quarter
Borrowings under term loan facilities ProceedsFromIssuanceOfLongTermDebt $180.00M USD 1 Quarter
Borrowings under term loan facilities ProceedsFromIssuanceOfLongTermDebt - USD 1 Quarter
Borrowings under revolving credit facility ProceedsFromLinesOfCredit $69.00M USD 1 Quarter
Borrowings under revolving credit facility ProceedsFromLinesOfCredit $120.00M USD 1 Quarter
Repayments under revolving credit facility RepaymentsOfLinesOfCredit - USD 1 Quarter
Repayments under revolving credit facility RepaymentsOfLinesOfCredit $50.00M USD 1 Quarter
Proceeds from issuance of common stock, net ProceedsFromIssuanceOfCommonStock $198.16M USD 1 Quarter
Proceeds from issuance of common stock, net ProceedsFromIssuanceOfCommonStock $64.93M USD 1 Quarter
Offering costs PaymentsOfStockIssuanceCosts $1.19M USD 1 Quarter
Offering costs PaymentsOfStockIssuanceCosts $203.00K USD 1 Quarter
Dividends paid PaymentsOfDividends $25.70M USD 1 Quarter
Dividends paid PaymentsOfDividends $19.39M USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $157.03M USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $314.59M USD 1 Quarter
Net increase in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $11.83M USD 1 Quarter
Net increase in cash and cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $192.75M USD 1 Quarter
Cash and cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $32.99M USD Point-in-time
Cash and cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $21.32M USD Point-in-time
Cash and cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $214.07M USD Point-in-time
Cash and cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $44.82M USD Point-in-time
Cash and cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $32.99M USD Point-in-time
Cash and cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $21.32M USD Point-in-time
Cash and cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $214.07M USD Point-in-time
Cash and cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $44.82M USD Point-in-time
Cash and cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $32.99M USD Point-in-time
Cash and cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $21.32M USD Point-in-time
Cash and cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $214.07M USD Point-in-time
Cash and cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $44.82M USD Point-in-time
Cash paid for interest, net of amounts capitalized InterestPaidNet $6.35M USD 1 Quarter
Cash paid for interest, net of amounts capitalized InterestPaidNet $5.25M USD 1 Quarter
Cash paid for income taxes IncomeTaxesPaidNet $52.00K USD 1 Quarter
Cash paid for income taxes IncomeTaxesPaidNet $242.00K USD 1 Quarter
Adjustment upon adoption of ASC 326 NoncashInvestingAndFinancingActivitiesNewAccountingPronouncementOrChangeInAccountingPrinciple $188.00K USD 1 Quarter
Adjustment upon adoption of ASC 326 NoncashInvestingAndFinancingActivitiesNewAccountingPronouncementOrChangeInAccountingPrinciple - USD 1 Quarter
Reclassification from construction in progress upon project completion ReclassificationFromConstructionInProgressUponProjectCompletion $4.22M USD 1 Quarter
Reclassification from construction in progress upon project completion ReclassificationFromConstructionInProgressUponProjectCompletion - USD 1 Quarter
Non-cash investments in real estate and loan receivable activity TransferToInvestments - USD 1 Quarter
Non-cash investments in real estate and loan receivable activity TransferToInvestments $960.00K USD 1 Quarter
Unrealized losses on cash flow hedges UnrealizedGainLossOnDerivatives $-38.43M USD 1 Quarter
Unrealized losses on cash flow hedges UnrealizedGainLossOnDerivatives $29.34M USD 1 Quarter
Payable and accrued offering costs NonCashPayableAndAccruedFollowOnOfferingCosts - USD 1 Quarter
Payable and accrued offering costs NonCashPayableAndAccruedFollowOnOfferingCosts $259.00K USD 1 Quarter
Discounts and fees on capital raised through issuance of common stock DiscountsAndFeesOnCapitalRaisedThroughIssuanceOfCommonStock $8.08M USD 1 Quarter
Discounts and fees on capital raised through issuance of common stock DiscountsAndFeesOnCapitalRaisedThroughIssuanceOfCommonStock $1.19M USD 1 Quarter
Stockholders Equity 27 line items
Line Item Tag Value Unit Period
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.36B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.20B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.58B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.65B USD Point-in-time
Balance (in shares) CommonStockSharesOutstanding 109.17M shares Point-in-time
Balance (in shares) CommonStockSharesOutstanding 106.36M shares Point-in-time
Common stock issuance StockIssuedDuringPeriodValueNewIssues $64.93M USD 1 Quarter
Common stock issuance StockIssuedDuringPeriodValueNewIssues $206.24M USD 1 Quarter
Costs related to issuance of common stock AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts $1.19M USD 1 Quarter
Costs related to issuance of common stock AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts $8.54M USD 1 Quarter
Unrealized losses on cash flow hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $-38.43M USD 1 Quarter
Unrealized losses on cash flow hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $15.58M USD 1 Quarter
Cash flow hedge losses reclassified to interest expense InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet $332.00K USD 1 Quarter
Cash flow hedge losses reclassified to interest expense InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet $2.45M USD 1 Quarter
Share-based compensation expense (in shares) StockIssuedDuringPeriodSharesShareBasedCompensation 13,310.00 shares 1 Quarter
Equity based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.59M USD 1 Quarter
Equity based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.51M USD 1 Quarter
Dividends declared on common stock and OP Units DividendsDeclaredOnCommonStockAndOperatingPartnersUnits $26.40M USD 1 Quarter
Dividends declared on common stock and OP Units DividendsDeclaredOnCommonStockAndOperatingPartnersUnits $21.30M USD 1 Quarter
Net income ProfitLoss $14.04M USD 1 Quarter
Net income ProfitLoss $15.38M USD 1 Quarter
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.36B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.20B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.58B USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.65B USD Point-in-time
Balance (in shares) CommonStockSharesOutstanding 109.17M shares Point-in-time
Balance (in shares) CommonStockSharesOutstanding 106.36M shares Point-in-time
Comprehensive Income 16 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $14.04M USD 1 Quarter
Net income ProfitLoss $15.38M USD 1 Quarter
Unrealized income (loss) on cash flow hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $15.58M USD 1 Quarter
Unrealized income (loss) on cash flow hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax $-38.43M USD 1 Quarter
Cash flow hedge losses reclassified to interest expense OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $-2.45M USD 1 Quarter
Cash flow hedge losses reclassified to interest expense OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax $-332.00K USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-38.10M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $18.02M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-24.06M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $33.40M USD 1 Quarter
Net income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $84.00K USD 1 Quarter
Net income attributable to non-controlling interests NetIncomeLossAttributableToNoncontrollingInterest $80.00K USD 1 Quarter
Adjustment for cash flow hedge losses attributable to non-controlling interests OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxNoncontrollingInterest $-90.00K USD 1 Quarter
Adjustment for cash flow hedge losses attributable to non-controlling interests OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxNoncontrollingInterest $-229.00K USD 1 Quarter
Comprehensive income (loss) attributable to stockholders ComprehensiveIncomeNetOfTax $-23.91M USD 1 Quarter
Comprehensive income (loss) attributable to stockholders ComprehensiveIncomeNetOfTax $33.41M USD 1 Quarter

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

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