10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001728951-23-000047 |
| Period End Date | 20230331 |
| Filing Date | 20230427 |
| Fiscal Year | 2023 |
| Fiscal Period | Q1 |
| XBRL Instance | eprt-20230331_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
98 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Land and improvements |
LandAndLandImprovements
|
$1.23B | USD | Point-in-time |
| Land and improvements |
LandAndLandImprovements
|
$1.27B | USD | Point-in-time |
| Building and improvements |
BuildingsAndImprovementsGross
|
$2.44B | USD | Point-in-time |
| Building and improvements |
BuildingsAndImprovementsGross
|
$2.55B | USD | Point-in-time |
| Preferred shares, par value per share (in USD per share) |
PreferredStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Lease incentives |
IncentiveToLessee
|
$18.35M | USD | Point-in-time |
| Lease incentives |
IncentiveToLessee
|
$18.19M | USD | Point-in-time |
| Preferred shares, par value per share (in USD per share) |
PreferredStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Construction in progress |
ConstructionInProgressGross
|
$34.54M | USD | Point-in-time |
| Construction in progress |
ConstructionInProgressGross
|
$42.78M | 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 |
| Preferred shares, issued shares (in shares) |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Preferred shares, issued shares (in shares) |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Intangible lease assets |
FiniteLivedIntangibleAssetsGrossExcludingRealEstateHeldForSale
|
$88.36M | USD | Point-in-time |
| Intangible lease assets |
FiniteLivedIntangibleAssetsGrossExcludingRealEstateHeldForSale
|
$87.85M | USD | Point-in-time |
| Preferred shares, outstanding shares (in shares) |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Total real estate investments, at cost |
RealEstateInvestmentsAtCost
|
$3.98B | USD | Point-in-time |
| Preferred shares, outstanding shares (in shares) |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Total real estate investments, at cost |
RealEstateInvestmentsAtCost
|
$3.81B | USD | Point-in-time |
| Common shares, par value per share (in USD per share) |
CommonStockParOrStatedValuePerShare
|
$0.01 | USD | Point-in-time |
| Less: accumulated depreciation and amortization |
RealEstateInvestmentPropertyAccumulatedDepreciationAndAmortization
|
$276.31M | USD | Point-in-time |
| Less: accumulated depreciation and amortization |
RealEstateInvestmentPropertyAccumulatedDepreciationAndAmortization
|
$220.71M | USD | Point-in-time |
| Less: accumulated depreciation and amortization |
RealEstateInvestmentPropertyAccumulatedDepreciationAndAmortization
|
$297.36M | 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
|
$3.68B | 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
|
$3.53B | USD | Point-in-time |
| Loans and direct financing lease receivables, net |
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
|
$240.03M | USD | Point-in-time |
| Common shares, issued shares (in shares) |
CommonStockSharesIssued
|
148.84M | shares | Point-in-time |
| Common shares, issued shares (in shares) |
CommonStockSharesIssued
|
142.38M | shares | Point-in-time |
| Loans and direct financing lease receivables, net |
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
|
$231.73M | USD | Point-in-time |
| Real estate investments held for sale, net |
RealEstateHeldforsale
|
$5.40M | USD | Point-in-time |
| Real estate investments held for sale, net |
RealEstateHeldforsale
|
$14.49M | USD | Point-in-time |
| Real estate investments held for sale, net |
RealEstateHeldforsale
|
$15.43M | USD | Point-in-time |
| Common shares, outstanding shares (in shares) |
CommonStockSharesOutstanding
|
142.38M | shares | Point-in-time |
| Common shares, outstanding shares (in shares) |
CommonStockSharesOutstanding
|
148.84M | shares | Point-in-time |
| Real estate investments held for sale, net |
RealEstateHeldforsale
|
$4.78M | USD | Point-in-time |
| Dividend payable |
DividendsPayableCurrentAndNoncurrent
|
$39.40M | USD | Point-in-time |
| Dividend payable |
DividendsPayableCurrentAndNoncurrent
|
$34.33M | USD | Point-in-time |
| Net investments |
NetInvestmentsInRealEstateRelatedAssets
|
$3.92B | USD | Point-in-time |
| Dividend payable |
DividendsPayableCurrentAndNoncurrent
|
$41.18M | USD | Point-in-time |
| Net investments |
NetInvestmentsInRealEstateRelatedAssets
|
$3.34B | USD | Point-in-time |
| Net investments |
NetInvestmentsInRealEstateRelatedAssets
|
$3.78B | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$14.26M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$70.96M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$62.34M | USD | Point-in-time |
| Restricted cash |
RestrictedCash
|
- | USD | Point-in-time |
| Restricted cash |
RestrictedCash
|
- | USD | Point-in-time |
| Restricted cash |
RestrictedCash
|
$9.15M | USD | Point-in-time |
| Straight-line rent receivable, net |
StraightLineRentReceivableNet
|
$78.59M | USD | Point-in-time |
| Straight-line rent receivable, net |
StraightLineRentReceivableNet
|
$85.42M | USD | Point-in-time |
| Derivative assets |
DerivativeAssets
|
$47.88M | USD | Point-in-time |
| Derivative assets |
DerivativeAssets
|
$36.64M | USD | Point-in-time |
| Rent receivables, prepaid expenses and other assets, net |
PrepaidExpenseAndOtherAssets
|
$26.20M | USD | Point-in-time |
| Rent receivables, prepaid expenses and other assets, net |
PrepaidExpenseAndOtherAssets
|
$22.99M | USD | Point-in-time |
| Total assets |
Assets
|
$4.00B | USD | Point-in-time |
| Total assets |
Assets
|
$4.14B | USD | Point-in-time |
| Unsecured term loans, net of deferred financing costs |
UnsecuredDebt
|
$1.03B | USD | Point-in-time |
| Unsecured term loans, net of deferred financing costs |
UnsecuredDebt
|
$1.03B | USD | Point-in-time |
| Senior unsecured notes, net |
SeniorNotes
|
$395.43M | USD | Point-in-time |
| Senior unsecured notes, net |
SeniorNotes
|
$395.29M | USD | Point-in-time |
| Revolving credit facility |
LineOfCredit
|
- | USD | Point-in-time |
| Revolving credit facility |
LineOfCredit
|
- | USD | Point-in-time |
| Intangible lease liabilities, net |
FiniteLivedIntangibleLiabilitiesNet
|
$11.54M | USD | Point-in-time |
| Intangible lease liabilities, net |
FiniteLivedIntangibleLiabilitiesNet
|
$11.55M | USD | Point-in-time |
| Dividend payable |
DividendsPayableCurrentAndNoncurrent
|
$39.40M | USD | Point-in-time |
| Dividend payable |
DividendsPayableCurrentAndNoncurrent
|
$34.33M | USD | Point-in-time |
| Dividend payable |
DividendsPayableCurrentAndNoncurrent
|
$41.18M | USD | Point-in-time |
| Derivative liabilities |
DerivativeInstrumentsAndHedgesLiabilities
|
$2.27M | USD | Point-in-time |
| Derivative liabilities |
DerivativeInstrumentsAndHedgesLiabilities
|
$6.02M | USD | Point-in-time |
| Accrued liabilities and other payables |
AccruedLiabilitiesAndOtherLiabilities
|
$29.26M | USD | Point-in-time |
| Accrued liabilities and other payables |
AccruedLiabilitiesAndOtherLiabilities
|
$25.78M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.51B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.50B | 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, 2023 and December 31, 2022 |
PreferredStockValue
|
- | USD | Point-in-time |
| Preferred stock, $0.01 par value; 150,000,000 authorized; none issued and outstanding as of March 31, 2023 and December 31, 2022 |
PreferredStockValue
|
- | USD | Point-in-time |
| Common stock, $0.01 par value; 500,000,000 authorized; 148,838,117 and 142,379,655 issued and outstanding as of March 31, 2023 and December 31, 2022, respectively |
CommonStockValue
|
$1.42M | USD | Point-in-time |
| Common stock, $0.01 par value; 500,000,000 authorized; 148,838,117 and 142,379,655 issued and outstanding as of March 31, 2023 and December 31, 2022, respectively |
CommonStockValue
|
$1.49M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$2.56B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$2.71B | USD | Point-in-time |
| Distributions in excess of cumulative earnings |
RetainedEarningsAccumulatedDeficit
|
$-118.07M | USD | Point-in-time |
| Distributions in excess of cumulative earnings |
RetainedEarningsAccumulatedDeficit
|
$-117.19M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$40.72M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$25.98M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$2.62B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$2.49B | USD | Point-in-time |
| Non-controlling interests |
MinorityInterest
|
$8.51M | USD | Point-in-time |
| Non-controlling interests |
MinorityInterest
|
$8.43M | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.22B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.63B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.04B | USD | Point-in-time |
| Total equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.50B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$4.00B | USD | Point-in-time |
| Total liabilities and equity |
LiabilitiesAndStockholdersEquity
|
$4.14B | USD | Point-in-time |
Income Statement
48 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Rental revenue |
LeaseIncome
|
$78.17M | USD | 1 Quarter |
| Rental revenue |
LeaseIncome
|
$66.11M | USD | 1 Quarter |
| Interest on loans and direct financing lease receivables |
InterestIncomeOnLoansAndDirectFinancingLeaseReceivables
|
$4.45M | USD | 1 Quarter |
| Interest on loans and direct financing lease receivables |
InterestIncomeOnLoansAndDirectFinancingLeaseReceivables
|
$3.82M | USD | 1 Quarter |
| Other revenue, net |
OtherIncome
|
$187.00K | USD | 1 Quarter |
| Other revenue, net |
OtherIncome
|
$1.07M | USD | 1 Quarter |
| Total revenues |
Revenues
|
$70.12M | USD | 1 Quarter |
| Total revenues |
Revenues
|
$83.69M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$8.58M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$8.06M | USD | 1 Quarter |
| Property expenses |
CostOfPropertyRepairsAndMaintenance
|
$843.00K | USD | 1 Quarter |
| Property expenses |
CostOfPropertyRepairsAndMaintenance
|
$1.01M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$23.82M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$20.31M | USD | 1 Quarter |
| Provision for impairment of real estate |
AssetImpairmentCharges
|
$3.94M | USD | 1 Quarter |
| Provision for impairment of real estate |
AssetImpairmentCharges
|
$677.00K | USD | 1 Quarter |
| Change in provision for credit losses |
ProvisionForLoanLossesExpensed
|
$60.00K | USD | 1 Quarter |
| Change in provision for credit losses |
ProvisionForLoanLossesExpensed
|
$-30.00K | USD | 1 Quarter |
| Total expenses |
CostsAndExpenses
|
$33.38M | USD | 1 Quarter |
| Total expenses |
CostsAndExpenses
|
$33.90M | USD | 1 Quarter |
| Gain on dispositions of real estate, net |
GainsLossesOnSalesOfInvestmentRealEstate
|
$1.66M | USD | 1 Quarter |
| Gain on dispositions of real estate, net |
GainsLossesOnSalesOfInvestmentRealEstate
|
$4.91M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$54.70M | USD | 1 Quarter |
| Income from operations |
OperatingIncomeLoss
|
$38.40M | USD | 1 Quarter |
| Loss on debt extinguishment |
GainsLossesOnExtinguishmentOfDebt
|
- | USD | 1 Quarter |
| Loss on debt extinguishment |
GainsLossesOnExtinguishmentOfDebt
|
$-2.14M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$9.16M | USD | 1 Quarter |
| Interest expense |
InterestExpense
|
$12.13M | USD | 1 Quarter |
| Interest income |
InterestIncomeOther
|
$638.00K | USD | 1 Quarter |
| Interest income |
InterestIncomeOther
|
$18.00K | USD | 1 Quarter |
| Income before income tax expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$43.21M | USD | 1 Quarter |
| Income before income tax expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$27.12M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$301.00K | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$153.00K | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$26.82M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$43.06M | USD | 1 Quarter |
| Net income attributable to non-controlling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$160.00K | USD | 1 Quarter |
| Net income attributable to non-controlling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$119.00K | USD | 1 Quarter |
| Net income attributable to stockholders |
NetIncomeLoss
|
$26.70M | USD | 1 Quarter |
| Net income attributable to stockholders |
NetIncomeLoss
|
$42.90M | USD | 1 Quarter |
| Basic weighted average shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
126.84M | shares | 1 Quarter |
| Basic weighted average shares outstanding (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
144.41M | shares | 1 Quarter |
| Basic net income per share (in USD per share) |
EarningsPerShareBasic
|
$0.21 | USD | 1 Quarter |
| Basic net income per share (in USD per share) |
EarningsPerShareBasic
|
$0.30 | USD | 1 Quarter |
| Diluted weighted average shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
127.92M | shares | 1 Quarter |
| Diluted weighted average shares outstanding (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
146.00M | shares | 1 Quarter |
| Diluted net income per share (in USD per share) |
EarningsPerShareDiluted
|
$0.21 | USD | 1 Quarter |
| Diluted net income per share (in USD per share) |
EarningsPerShareDiluted
|
$0.29 | USD | 1 Quarter |
Cash Flow Statement
103 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$26.82M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$43.06M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndLeaseIntangibleAmortization
|
$23.82M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndLeaseIntangibleAmortization
|
$20.31M | USD | 1 Quarter |
| Amortization of lease incentive |
AmortizationOfIncentiveFromLessor
|
$366.00K | USD | 1 Quarter |
| Amortization of lease incentive |
AmortizationOfIncentiveFromLessor
|
$281.00K | USD | 1 Quarter |
| Amortization of above/below market leases and right of use assets, net |
AmortizationOfAboveOrBelowMarketLeasesAndRightOfUseAssetsNet
|
$187.00K | USD | 1 Quarter |
| Amortization of above/below market leases and right of use assets, net |
AmortizationOfAboveOrBelowMarketLeasesAndRightOfUseAssetsNet
|
$-85.00K | USD | 1 Quarter |
| Amortization of deferred financing costs and other non-cash interest expense |
AmortizationOfDeferredFinancingCostsAndOtherNonCashInterestExpense
|
$744.00K | USD | 1 Quarter |
| Amortization of deferred financing costs and other non-cash interest expense |
AmortizationOfDeferredFinancingCostsAndOtherNonCashInterestExpense
|
$1.53M | USD | 1 Quarter |
| Loss on debt extinguishment |
GainsLossesOnExtinguishmentOfDebt
|
- | USD | 1 Quarter |
| Loss on debt extinguishment |
GainsLossesOnExtinguishmentOfDebt
|
$-2.14M | USD | 1 Quarter |
| Provision for impairment of real estate |
AssetImpairmentCharges
|
$3.94M | USD | 1 Quarter |
| Provision for impairment of real estate |
AssetImpairmentCharges
|
$677.00K | USD | 1 Quarter |
| Change in provision for credit losses |
ProvisionForLoanLossesExpensed
|
$60.00K | USD | 1 Quarter |
| Change in provision for credit losses |
ProvisionForLoanLossesExpensed
|
$-30.00K | USD | 1 Quarter |
| Gain on dispositions of real estate, net |
GainsLossesOnSalesOfInvestmentRealEstate
|
$1.66M | USD | 1 Quarter |
| Gain on dispositions of real estate, net |
GainsLossesOnSalesOfInvestmentRealEstate
|
$4.91M | USD | 1 Quarter |
| Straight-line rent receivable, net |
StraightLineRent
|
$6.22M | USD | 1 Quarter |
| Straight-line rent receivable, net |
StraightLineRent
|
$6.84M | USD | 1 Quarter |
| Equity-based compensation expense |
AllocatedShareBasedCompensationExpense
|
$2.72M | USD | 1 Quarter |
| Equity-based compensation expense |
AllocatedShareBasedCompensationExpense
|
$2.83M | USD | 1 Quarter |
| Adjustment to rental revenue for tenant credit |
AdjustmentToRentalRevenueForTenantCredit
|
$-160.00K | USD | 1 Quarter |
| Adjustment to rental revenue for tenant credit |
AdjustmentToRentalRevenueForTenantCredit
|
$-568.00K | USD | 1 Quarter |
| Rent receivables, prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$1.58M | USD | 1 Quarter |
| Rent receivables, prepaid expenses and other assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$2.11M | USD | 1 Quarter |
| Accrued liabilities and other payables |
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
$-3.18M | USD | 1 Quarter |
| Accrued liabilities and other payables |
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
$-4.35M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$53.69M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$44.11M | USD | 1 Quarter |
| Proceeds from sales of real estate, net |
ProceedsFromSaleOfRealEstateHeldforinvestment
|
$18.53M | USD | 1 Quarter |
| Proceeds from sales of real estate, net |
ProceedsFromSaleOfRealEstateHeldforinvestment
|
$36.64M | USD | 1 Quarter |
| Principal collections on loans and direct financing lease receivables |
ProceedsFromCollectionOfLoansAndDirectFinanceLeaseReceivables
|
$11.73M | USD | 1 Quarter |
| Principal collections on loans and direct financing lease receivables |
ProceedsFromCollectionOfLoansAndDirectFinanceLeaseReceivables
|
$10.66M | USD | 1 Quarter |
| Investments in loans receivable |
PaymentsToAcquireLoansReceivable
|
$3.40M | USD | 1 Quarter |
| Investments in loans receivable |
PaymentsToAcquireLoansReceivable
|
$54.28M | USD | 1 Quarter |
| Deposits for prospective real estate investments |
PaymentsForDepositsOnRealEstateAcquisitions
|
$365.00K | USD | 1 Quarter |
| Deposits for prospective real estate investments |
PaymentsForDepositsOnRealEstateAcquisitions
|
$649.00K | USD | 1 Quarter |
| Investment in real estate, including capital expenditures |
PaymentsToAcquireRealEstateHeldForInvestment
|
$180.32M | USD | 1 Quarter |
| Investment in real estate, including capital expenditures |
PaymentsToAcquireRealEstateHeldForInvestment
|
$189.00M | USD | 1 Quarter |
| Investment in construction in progress |
PaymentsForInvestmentInConstructionInProgress
|
$14.52M | USD | 1 Quarter |
| Investment in construction in progress |
PaymentsForInvestmentInConstructionInProgress
|
$5.69M | USD | 1 Quarter |
| Lease incentives paid |
PaymentsForLeaseIncentives
|
$108.00K | USD | 1 Quarter |
| Lease incentives paid |
PaymentsForLeaseIncentives
|
- | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-211.56M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-159.20M | USD | 1 Quarter |
| Borrowings under revolving credit facility |
ProceedsFromLinesOfCredit
|
$148.00M | USD | 1 Quarter |
| Borrowings under revolving credit facility |
ProceedsFromLinesOfCredit
|
- | USD | 1 Quarter |
| Repayments under revolving credit facility |
RepaymentsOfLinesOfCredit
|
$145.00M | USD | 1 Quarter |
| Repayments under revolving credit facility |
RepaymentsOfLinesOfCredit
|
- | USD | 1 Quarter |
| Proceeds from issuance of common stock, net |
ProceedsFromIssuanceOfCommonStock
|
$147.24M | USD | 1 Quarter |
| Proceeds from issuance of common stock, net |
ProceedsFromIssuanceOfCommonStock
|
$158.34M | USD | 1 Quarter |
| Payments for taxes related to net settlement of equity awards |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$2.75M | USD | 1 Quarter |
| Payments for taxes related to net settlement of equity awards |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$2.23M | USD | 1 Quarter |
| Payment of debt extinguishment costs |
PaymentsOfDebtExtinguishmentCosts
|
$467.00K | USD | 1 Quarter |
| Payment of debt extinguishment costs |
PaymentsOfDebtExtinguishmentCosts
|
- | USD | 1 Quarter |
| Deferred financing costs |
PaymentsOfDebtIssuanceCosts
|
$4.04M | USD | 1 Quarter |
| Deferred financing costs |
PaymentsOfDebtIssuanceCosts
|
- | USD | 1 Quarter |
| Offering costs |
PaymentsOfStockIssuanceCosts
|
$27.00K | USD | 1 Quarter |
| Offering costs |
PaymentsOfStockIssuanceCosts
|
$128.00K | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$32.61M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$39.40M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$121.95M | USD | 1 Quarter |
| Net cash provided by financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$104.97M | USD | 1 Quarter |
| Net decrease in cash and cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-542.00K | USD | 1 Quarter |
| Net decrease in cash and cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-45.50M | USD | 1 Quarter |
| Cash and cash equivalents and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$59.76M | USD | Point-in-time |
| Cash and cash equivalents and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$14.26M | USD | Point-in-time |
| Cash and cash equivalents and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$70.96M | USD | Point-in-time |
| Cash and cash equivalents and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$71.50M | USD | Point-in-time |
| Cash and cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$59.76M | USD | Point-in-time |
| Cash and cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$14.26M | USD | Point-in-time |
| Cash and cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$70.96M | USD | Point-in-time |
| Cash and cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$71.50M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$14.26M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$70.96M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$62.34M | USD | Point-in-time |
| Restricted cash |
RestrictedCash
|
- | USD | Point-in-time |
| Restricted cash |
RestrictedCash
|
- | USD | Point-in-time |
| Restricted cash |
RestrictedCash
|
$9.15M | USD | Point-in-time |
| Cash and cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$59.76M | USD | Point-in-time |
| Cash and cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$14.26M | USD | Point-in-time |
| Cash and cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$70.96M | USD | Point-in-time |
| Cash and cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$71.50M | USD | Point-in-time |
| Cash paid for interest, net of amounts capitalized |
InterestPaidNet
|
$4.43M | USD | 1 Quarter |
| Cash paid for interest, net of amounts capitalized |
InterestPaidNet
|
$11.83M | USD | 1 Quarter |
| Cash paid for income taxes |
IncomeTaxesPaidNet
|
$504.00K | USD | 1 Quarter |
| Cash paid for income taxes |
IncomeTaxesPaidNet
|
$100.00K | USD | 1 Quarter |
| Reclassification from construction in progress upon project completion |
ReclassificationFromConstructionInProgressUponProjectCompletion
|
$5.33M | USD | 1 Quarter |
| Reclassification from construction in progress upon project completion |
ReclassificationFromConstructionInProgressUponProjectCompletion
|
$6.71M | USD | 1 Quarter |
| Non-cash investments in real estate and loan receivable activity |
TransferToInvestments
|
$9.68M | USD | 1 Quarter |
| Non-cash investments in real estate and loan receivable activity |
TransferToInvestments
|
- | USD | 1 Quarter |
| Unrealized (loss) gain on cash flow hedges |
UnrealizedGainLossOnDerivatives
|
$-9.48M | USD | 1 Quarter |
| Unrealized (loss) gain on cash flow hedges |
UnrealizedGainLossOnDerivatives
|
$1.43M | USD | 1 Quarter |
| Accrued deferred debt restructuring costs |
ConversionOfStockAmountConverted1
|
- | USD | 1 Quarter |
| Accrued deferred debt restructuring costs |
ConversionOfStockAmountConverted1
|
$191.00K | USD | 1 Quarter |
| Payable and accrued offering costs |
NonCashPayableAndAccruedFollowOnOfferingCosts
|
$277.00K | USD | 1 Quarter |
| Payable and accrued offering costs |
NonCashPayableAndAccruedFollowOnOfferingCosts
|
- | USD | 1 Quarter |
| Discounts and fees on capital raised through issuance of common stock |
DiscountsAndFeesOnCapitalRaisedThroughIssuanceOfCommonStock
|
$1.30M | USD | 1 Quarter |
| Discounts and fees on capital raised through issuance of common stock |
DiscountsAndFeesOnCapitalRaisedThroughIssuanceOfCommonStock
|
$38.00K | USD | 1 Quarter |
| Dividends declared and unpaid |
DividendsPayableCurrentAndNoncurrent
|
$39.40M | USD | Point-in-time |
| Dividends declared and unpaid |
DividendsPayableCurrentAndNoncurrent
|
$34.33M | USD | Point-in-time |
| Dividends declared and unpaid |
DividendsPayableCurrentAndNoncurrent
|
$41.18M | USD | Point-in-time |
Stockholders Equity
26 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance at beginning of period (in shares) |
CommonStockSharesOutstanding
|
142.38M | shares | Point-in-time |
| Balance at beginning of period (in shares) |
CommonStockSharesOutstanding
|
148.84M | shares | Point-in-time |
| Balance at beginning of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.22B | USD | Point-in-time |
| Balance at beginning of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.63B | USD | Point-in-time |
| Balance at beginning of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.04B | USD | Point-in-time |
| Balance at beginning of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.50B | USD | Point-in-time |
| Common stock issuance |
StockIssuedDuringPeriodValueNewIssues
|
$147.28M | USD | 1 Quarter |
| Common stock issuance |
StockIssuedDuringPeriodValueNewIssues
|
$159.64M | USD | 1 Quarter |
| Common stock withheld related to net share settlement of equity awards |
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
$2.75M | USD | 1 Quarter |
| Common stock withheld related to net share settlement of equity awards |
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
$2.23M | USD | 1 Quarter |
| Costs related to issuance of common stock |
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
$444.00K | USD | 1 Quarter |
| Costs related to issuance of common stock |
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
$1.58M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$-14.83M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTax
|
$28.96M | USD | 1 Quarter |
| Equity based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$2.72M | USD | 1 Quarter |
| Equity based compensation expense |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$2.83M | USD | 1 Quarter |
| Dividends declared on common stock and OP Units |
DividendsDeclaredOnCommonStockAndOperatingPartnersUnits
|
$34.33M | USD | 1 Quarter |
| Dividends declared on common stock and OP Units |
DividendsDeclaredOnCommonStockAndOperatingPartnersUnits
|
$41.18M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$26.82M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$43.06M | USD | 1 Quarter |
| Balance at end of period (in shares) |
CommonStockSharesOutstanding
|
142.38M | shares | Point-in-time |
| Balance at end of period (in shares) |
CommonStockSharesOutstanding
|
148.84M | shares | Point-in-time |
| Balance at end of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.22B | USD | Point-in-time |
| Balance at end of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.63B | USD | Point-in-time |
| Balance at end of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.04B | USD | Point-in-time |
| Balance at end of period |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$2.50B | USD | Point-in-time |
Comprehensive Income
16 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$26.82M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$43.06M | USD | 1 Quarter |
| Unrealized (loss) gain on cash flow hedges |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
$26.46M | USD | 1 Quarter |
| Unrealized (loss) gain on cash flow hedges |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
$-9.48M | USD | 1 Quarter |
| Cash flow hedge (gain) loss reclassified to interest expense |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
$-2.50M | USD | 1 Quarter |
| Cash flow hedge (gain) loss reclassified to interest expense |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
$5.34M | USD | 1 Quarter |
| Total other comprehensive (loss) income |
OtherComprehensiveIncomeLossNetOfTax
|
$-14.83M | USD | 1 Quarter |
| Total other comprehensive (loss) income |
OtherComprehensiveIncomeLossNetOfTax
|
$28.96M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$55.78M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$28.23M | USD | 1 Quarter |
| Net income attributable to non-controlling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$160.00K | USD | 1 Quarter |
| Net income attributable to non-controlling interests |
NetIncomeLossAttributableToNoncontrollingInterest
|
$119.00K | USD | 1 Quarter |
| Adjustment for other comprehensive (loss) income attributable to non-controlling interests |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
$-91.00K | USD | 1 Quarter |
| Adjustment for other comprehensive (loss) income attributable to non-controlling interests |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
$181.00K | USD | 1 Quarter |
| Comprehensive income attributable to stockholders |
ComprehensiveIncomeNetOfTax
|
$55.48M | USD | 1 Quarter |
| Comprehensive income attributable to stockholders |
ComprehensiveIncomeNetOfTax
|
$28.16M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.