$BRST
Broad Street Realty, Inc.

2023 Q4 Form 10-Q Financial Statement

#000095017023063768 Filed on November 14, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $10.02M $10.05M
YoY Change 7.42% 26.68%
Cost Of Revenue $2.995M $3.570M
YoY Change -2.66% 59.3%
Gross Profit $7.022M $6.480M
YoY Change 12.39% 13.88%
Gross Profit Margin 70.1% 64.5%
Selling, General & Admin $2.719M $3.180M
YoY Change -23.43% 3.75%
% of Gross Profit 38.72% 49.07%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.938M $3.980M
YoY Change -28.11% -8.8%
% of Gross Profit 56.08% 61.42%
Operating Expenses $6.653M $11.89M
YoY Change -23.94% 27.41%
Operating Profit $369.0K -$1.955M
YoY Change -114.77% 39.25%
Interest Expense -$4.275M $4.585M
YoY Change -22.9% 49.2%
% of Operating Profit -1158.54%
Other Income/Expense, Net $1.058M -$5.400M
YoY Change -133.19% 194.6%
Pretax Income -$2.924M -$7.355M
YoY Change -74.1% 127.22%
Income Tax $340.0K -$2.300M
% Of Pretax Income
Net Earnings -$7.672M -$5.079M
YoY Change 2.57% 126.74%
Net Earnings / Revenue -76.59% -50.55%
Basic Earnings Per Share -$0.22
Diluted Earnings Per Share -$0.21 -$0.22
COMMON SHARES
Basic Shares Outstanding 33.14M 33.14M
Diluted Shares Outstanding 35.69M

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $9.779M $13.90M
YoY Change -20.86% 791.6%
Cash & Equivalents $9.779M $13.93M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $1.918M $1.700M
Other Receivables $0.00 $34.00K
Total Short-Term Assets $11.70M $15.60M
YoY Change -17.8% 422.96%
LONG-TERM ASSETS
Property, Plant & Equipment $326.8M $47.00K
YoY Change 510570.31% -43.37%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $5.398M $6.500M
YoY Change -15.62% -14.63%
Total Long-Term Assets $339.4M $342.4M
YoY Change -12.53% 42.32%
TOTAL ASSETS
Total Short-Term Assets $11.70M $15.60M
Total Long-Term Assets $339.4M $342.4M
Total Assets $351.1M $358.0M
YoY Change -12.72% 46.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $15.46M $15.50M
YoY Change 0.3% 15.44%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $15.52M $15.60M
YoY Change 0.42% 8.15%
LONG-TERM LIABILITIES
Long-Term Debt $231.0M $233.4M
YoY Change -13.66% 30.29%
Other Long-Term Liabilities $1.460M $1.700M
YoY Change -47.95% -27.32%
Total Long-Term Liabilities $232.5M $235.1M
YoY Change -14.02% 29.55%
TOTAL LIABILITIES
Total Short-Term Liabilities $15.52M $15.60M
Total Long-Term Liabilities $232.5M $235.1M
Total Liabilities $331.4M $250.7M
YoY Change 14.35% 23.85%
SHAREHOLDERS EQUITY
Retained Earnings -$36.39M -$34.27M
YoY Change 9.29% 25.28%
Common Stock $334.0K $331.0K
YoY Change 3.41% 2.48%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $19.68M $27.19M
YoY Change
Total Liabilities & Shareholders Equity $351.1M $358.0M
YoY Change -12.72% 46.98%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income -$7.672M -$5.079M
YoY Change 2.57% 126.74%
Depreciation, Depletion And Amortization $3.938M $3.980M
YoY Change -28.11% -8.8%
Cash From Operating Activities -$728.0K -$700.0K
YoY Change -83.8% 88.68%
INVESTING ACTIVITIES
Capital Expenditures $3.140M $1.750M
YoY Change -97.62% -199.83%
Acquisitions
YoY Change
Other Investing Activities $1.996M $22.41M
YoY Change 109.44% -2880.4%
Cash From Investing Activities -$1.144M $20.66M
YoY Change -99.13% -907.35%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -3.092M -21.23M
YoY Change -102.12% 2068.54%
NET CHANGE
Cash From Operating Activities -728.0K -700.0K
Cash From Investing Activities -1.144M 20.66M
Cash From Financing Activities -3.092M -21.23M
Net Change In Cash -4.964M -1.270M
YoY Change -148.31% -67.51%
FREE CASH FLOW
Cash From Operating Activities -$728.0K -$700.0K
Capital Expenditures $3.140M $1.750M
Free Cash Flow -$3.868M -$2.450M
YoY Change -97.16% -277.28%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Entity Central Index Key
EntityCentralIndexKey
0000764897
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Security Exchange Name
SecurityExchangeName
NONE
CY2023Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2022Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2023Q3 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#OtherAssets
CY2022Q4 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2023#OtherAssets
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2023-09-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-09043
dei Entity Registrant Name
EntityRegistrantName
BROAD STREET REALTY, INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
36-3361229
dei Entity Address Address Line1
EntityAddressAddressLine1
11911 Freedom Drive
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 450
dei Entity Address City Or Town
EntityAddressCityOrTown
Reston
dei Entity Address State Or Province
EntityAddressStateOrProvince
VA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
20190
dei City Area Code
CityAreaCode
301
dei Local Phone Number
LocalPhoneNumber
828-1200
dei Security12b Title
Security12bTitle
None
dei Trading Symbol
TradingSymbol
N/A
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2023Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
33139326
CY2023Q3 us-gaap Land
Land
54936000
CY2022Q4 us-gaap Land
Land
67225000
CY2023Q3 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
278650000
CY2022Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
300699000
CY2023Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
33899000
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
41228000
CY2023Q3 us-gaap Construction In Progress Gross
ConstructionInProgressGross
6739000
CY2022Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
4231000
CY2023Q3 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
1711000
CY2022Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
1711000
CY2023Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
48312000
CY2022Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
42047000
CY2023Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
327623000
CY2022Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
373047000
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
13931000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
12356000
CY2023Q3 us-gaap Restricted Cash
RestrictedCash
4829000
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
4675000
CY2023Q3 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
2839000
CY2022Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
2397000
CY2023Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
174000
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
165000
CY2023Q3 us-gaap Accounts Receivable Net
AccountsReceivableNet
1698000
CY2022Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
1874000
CY2023Q3 us-gaap Derivative Assets
DerivativeAssets
2060000
CY2022Q4 us-gaap Derivative Assets
DerivativeAssets
3426000
CY2023Q3 us-gaap Other Assets
OtherAssets
5024000
CY2022Q4 us-gaap Other Assets
OtherAssets
4511000
CY2023Q3 us-gaap Assets
Assets
358004000
CY2022Q4 us-gaap Assets
Assets
402286000
CY2023Q3 brst Mortgage And Other Indebtedness
MortgageAndOtherIndebtedness
233445000
CY2022Q4 brst Mortgage And Other Indebtedness
MortgageAndOtherIndebtedness
267616000
CY2023Q3 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
15536000
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
15411000
CY2023Q3 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
756000
CY2022Q4 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
1553000
CY2023Q3 us-gaap Other Liabilities
OtherLiabilities
51000
CY2022Q4 us-gaap Other Liabilities
OtherLiabilities
44000
CY2023Q3 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
0
CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
3968000
CY2023Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
906000
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1252000
CY2023Q3 us-gaap Liabilities
Liabilities
250694000
CY2022Q4 us-gaap Liabilities
Liabilities
289844000
CY2023Q3 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
82984000
CY2022Q4 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
73697000
CY2023Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2023Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000
CY2023Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
500
CY2022Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
500
CY2023Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
500
CY2022Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
500
CY2023Q3 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2022Q4 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2023Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000
CY2023Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
33132043
CY2023Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
33132043
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
32256974
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
32256974
CY2023Q3 us-gaap Common Stock Value
CommonStockValue
331000
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
323000
CY2023Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
60384000
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
72097000
CY2023Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-34268000
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-33294000
CY2023Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
743000
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
56000
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
27190000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
39182000
CY2023Q3 us-gaap Minority Interest
MinorityInterest
-2864000
CY2022Q4 us-gaap Minority Interest
MinorityInterest
-437000
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
24326000
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
38745000
CY2023Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
358004000
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
402286000
CY2023Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
9206000
CY2022Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
7369000
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
29671000
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
21034000
CY2023Q3 us-gaap Revenues
Revenues
10047000
CY2022Q3 us-gaap Revenues
Revenues
7931000
us-gaap Revenues
Revenues
32152000
us-gaap Revenues
Revenues
23626000
CY2023Q3 brst Operating Cost Of Services
OperatingCostOfServices
544000
CY2022Q3 brst Operating Cost Of Services
OperatingCostOfServices
315000
brst Operating Cost Of Services
OperatingCostOfServices
1353000
brst Operating Cost Of Services
OperatingCostOfServices
1588000
CY2023Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
3986000
CY2022Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
4029000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
14844000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
12240000
CY2023Q3 brst Property Operating Expense
PropertyOperatingExpense
3027000
CY2022Q3 brst Property Operating Expense
PropertyOperatingExpense
1926000
brst Property Operating Expense
PropertyOperatingExpense
9233000
brst Property Operating Expense
PropertyOperatingExpense
5924000
CY2023Q3 us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
-762000
CY2022Q3 us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
0
us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
-929000
us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
0
CY2023Q3 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
396000
CY2022Q3 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
2353000
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0
CY2023Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
40000
CY2022Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
12000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
106000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
47000
CY2023Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3139000
CY2022Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3053000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
9765000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
10150000
CY2023Q3 us-gaap Operating Expenses
OperatingExpenses
11894000
CY2022Q3 us-gaap Operating Expenses
OperatingExpenses
9335000
us-gaap Operating Expenses
OperatingExpenses
38583000
us-gaap Operating Expenses
OperatingExpenses
29949000
CY2023Q3 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
-108000
CY2022Q3 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
11511000
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-1955000
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-1404000
us-gaap Operating Income Loss
OperatingIncomeLoss
5080000
us-gaap Operating Income Loss
OperatingIncomeLoss
-6323000
CY2023Q3 us-gaap Interest And Other Income
InterestAndOtherIncome
106000
CY2022Q3 us-gaap Interest And Other Income
InterestAndOtherIncome
0
us-gaap Interest And Other Income
InterestAndOtherIncome
136000
us-gaap Interest And Other Income
InterestAndOtherIncome
26000
CY2023Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-33000
CY2022Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
1249000
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-18000
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
3819000
CY2023Q3 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
-816000
CY2022Q3 us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
0
us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
1288000
us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
0
CY2023Q3 us-gaap Interest Expense
InterestExpense
4585000
CY2022Q3 us-gaap Interest Expense
InterestExpense
3073000
us-gaap Interest Expense
InterestExpense
14101000
us-gaap Interest Expense
InterestExpense
8346000
CY2023Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-21000
CY2022Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-36000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0
CY2023Q3 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
51000
CY2022Q3 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
9000
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
70000
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
15000
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-5400000
CY2022Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1833000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-12801000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-4516000
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-7355000
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-3237000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-7721000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-10839000
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2276000
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-795000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3968000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2309000
CY2023Q3 us-gaap Profit Loss
ProfitLoss
-5079000
CY2022Q3 us-gaap Profit Loss
ProfitLoss
-2442000
us-gaap Profit Loss
ProfitLoss
-3753000
us-gaap Profit Loss
ProfitLoss
-8530000
CY2023Q3 brst Preferred Equity Return On Preferred Equity Investment
PreferredEquityReturnOnPreferredEquityInvestment
-3716000
CY2022Q3 brst Preferred Equity Return On Preferred Equity Investment
PreferredEquityReturnOnPreferredEquityInvestment
0
brst Preferred Equity Return On Preferred Equity Investment
PreferredEquityReturnOnPreferredEquityInvestment
-10712000
brst Preferred Equity Return On Preferred Equity Investment
PreferredEquityReturnOnPreferredEquityInvestment
0
CY2023Q3 brst Preferred Equity Accretion To Redemption Value
PreferredEquityAccretionToRedemptionValue
-583000
CY2022Q3 brst Preferred Equity Accretion To Redemption Value
PreferredEquityAccretionToRedemptionValue
0
brst Preferred Equity Accretion To Redemption Value
PreferredEquityAccretionToRedemptionValue
-1754000
brst Preferred Equity Accretion To Redemption Value
PreferredEquityAccretionToRedemptionValue
0
CY2023Q3 brst Amount Of Preferred Op Units Return
AmountOfPreferredOpUnitsReturn
-122000
CY2022Q3 brst Amount Of Preferred Op Units Return
AmountOfPreferredOpUnitsReturn
0
brst Amount Of Preferred Op Units Return
AmountOfPreferredOpUnitsReturn
-352000
brst Amount Of Preferred Op Units Return
AmountOfPreferredOpUnitsReturn
0
CY2023Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-1633000
CY2022Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-202000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-2779000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-719000
CY2023Q3 brst Net Loss Attributable To Common Stockholders
NetLossAttributableToCommonStockholders
-7867000
CY2022Q3 brst Net Loss Attributable To Common Stockholders
NetLossAttributableToCommonStockholders
-2240000
brst Net Loss Attributable To Common Stockholders
NetLossAttributableToCommonStockholders
-13792000
brst Net Loss Attributable To Common Stockholders
NetLossAttributableToCommonStockholders
-7811000
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.22
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.22
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.07
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.07
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.39
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.39
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.24
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.24
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35691830
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35691830
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32079861
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32079861
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35576699
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35576699
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32030500
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32030500
CY2023Q3 us-gaap Profit Loss
ProfitLoss
-5079000
CY2022Q3 us-gaap Profit Loss
ProfitLoss
-2442000
us-gaap Profit Loss
ProfitLoss
-3753000
us-gaap Profit Loss
ProfitLoss
-8530000
CY2023Q3 us-gaap Other Comprehensive Income Loss Financial Liability Fair Value Option Before Tax After Reclassification Adjustment
OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionBeforeTaxAfterReclassificationAdjustment
287000
CY2022Q3 us-gaap Other Comprehensive Income Loss Financial Liability Fair Value Option Before Tax After Reclassification Adjustment
OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionBeforeTaxAfterReclassificationAdjustment
0
us-gaap Other Comprehensive Income Loss Financial Liability Fair Value Option Before Tax After Reclassification Adjustment
OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionBeforeTaxAfterReclassificationAdjustment
687000
us-gaap Other Comprehensive Income Loss Financial Liability Fair Value Option Before Tax After Reclassification Adjustment
OtherComprehensiveIncomeLossFinancialLiabilityFairValueOptionBeforeTaxAfterReclassificationAdjustment
0
CY2023Q3 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
287000
CY2022Q3 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
0
us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
687000
us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
0
CY2023Q3 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-4792000
CY2022Q3 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-2442000
us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-3066000
us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
-8530000
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
48124000
CY2022Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
785000
CY2022Q1 brst Tax Effect Of Change In Ownership Percentage Of Noncontrolling Interest
TaxEffectOfChangeInOwnershipPercentageOfNoncontrollingInterest
-3000
CY2022Q1 us-gaap Profit Loss
ProfitLoss
-3190000
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
45716000
CY2022Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
400000
CY2022Q2 us-gaap Profit Loss
ProfitLoss
-2898000
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
43218000
CY2022Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
381000
CY2022Q3 us-gaap Profit Loss
ProfitLoss
-2442000
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
41157000
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
38745000
CY2023Q1 brst Shares Surrendered For Taxes Upon Vesting Value
SharesSurrenderedForTaxesUponVestingValue
-6000
CY2023Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
214000
CY2023Q1 brst Preferred Equity Return On Preferred Equity Investments
PreferredEquityReturnOnPreferredEquityInvestments
-3427000
CY2023Q1 brst Preferred Equity Accretion
PreferredEquityAccretion
-415000
CY2023Q1 brst Preferred Op Units Return
PreferredOpUnitsReturn
-46000
CY2023Q1 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
1732000
CY2023Q1 us-gaap Profit Loss
ProfitLoss
-1660000
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
35137000
CY2023Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
551000
CY2023Q2 brst Preferred Equity Return On Preferred Equity Investments
PreferredEquityReturnOnPreferredEquityInvestments
-3569000
CY2023Q2 brst Preferred Equity Accretion
PreferredEquityAccretion
-756000
CY2023Q2 brst Preferred Op Units Return
PreferredOpUnitsReturn
46000
CY2023Q2 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-1332000
CY2023Q2 us-gaap Profit Loss
ProfitLoss
2986000
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
33063000
CY2023Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
354000
CY2023Q3 brst Preferred Equity Return On Preferred Equity Investments
PreferredEquityReturnOnPreferredEquityInvestments
-3716000
CY2023Q3 brst Preferred Equity Accretion
PreferredEquityAccretion
-583000
CY2023Q3 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
287000
CY2023Q3 us-gaap Profit Loss
ProfitLoss
-5079000
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
24326000
us-gaap Profit Loss
ProfitLoss
-3753000
us-gaap Profit Loss
ProfitLoss
-8530000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3968000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-2309000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
14844000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
12241000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
657000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1172000
us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
227000
us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-332000
brst Minimum Multiple On Preferred Interests
MinimumMultipleOnPreferredInterests
-331000
brst Minimum Multiple On Preferred Interests
MinimumMultipleOnPreferredInterests
-929000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-36000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
11511000
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0
us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
-929000
us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
0
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
2353000
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0
us-gaap Straight Line Rent
StraightLineRent
945000
us-gaap Straight Line Rent
StraightLineRent
619000
brst Operating Lease Right Of Use Assets Amortization
OperatingLeaseRightOfUseAssetsAmortization
32000
brst Operating Lease Right Of Use Assets Amortization
OperatingLeaseRightOfUseAssetsAmortization
26000
us-gaap Share Based Compensation
ShareBasedCompensation
1119000
us-gaap Share Based Compensation
ShareBasedCompensation
1566000
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-18000
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
3819000
us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
1288000
us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
0
brst Bad Debt Expense
BadDebtExpense
106000
brst Bad Debt Expense
BadDebtExpense
47000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-70000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-262000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
198000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
815000
us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
0
us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
-201000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-1106000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
2439000
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
7000
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
10000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-284000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-166000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-3050000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
393000
brst Cash Received On Disposition Of Real Estate Net Of Selling Costs
CashReceivedOnDispositionOfRealEstateNetOfSellingCosts
44779000
brst Cash Received On Disposition Of Real Estate Net Of Selling Costs
CashReceivedOnDispositionOfRealEstateNetOfSellingCosts
0
brst Payments To Capitalized Pre Acquisition Costs Net Of Refunds
PaymentsToCapitalizedPreAcquisitionCostsNetOfRefunds
0
brst Payments To Capitalized Pre Acquisition Costs Net Of Refunds
PaymentsToCapitalizedPreAcquisitionCostsNetOfRefunds
756000
brst Payments For Proceeds From Capital Expenditures For Real Estate
PaymentsForProceedsFromCapitalExpendituresForRealEstate
4829000
brst Payments For Proceeds From Capital Expenditures For Real Estate
PaymentsForProceedsFromCapitalExpendituresForRealEstate
3792000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
39950000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4548000
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
21024000
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
2000000
us-gaap Repayments Of Debt
RepaymentsOfDebt
53854000
us-gaap Repayments Of Debt
RepaymentsOfDebt
2086000
brst Preferred Equity Returns On Preferred Equity Investment
PreferredEquityReturnsOnPreferredEquityInvestment
3178000
brst Preferred Equity Returns On Preferred Equity Investment
PreferredEquityReturnsOnPreferredEquityInvestment
0
brst Proceeds Related To Interest Rate Swap
ProceedsRelatedToInterestRateSwap
2171000
brst Proceeds Related To Interest Rate Swap
ProceedsRelatedToInterestRateSwap
0
brst Payments Related To Interest Rate Swap
PaymentsRelatedToInterestRateSwap
773000
brst Payments Related To Interest Rate Swap
PaymentsRelatedToInterestRateSwap
0
brst Taxes Remitted Upon Vesting Of Restricted Stock
TaxesRemittedUponVestingOfRestrictedStock
6000
brst Taxes Remitted Upon Vesting Of Restricted Stock
TaxesRemittedUponVestingOfRestrictedStock
0
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
555000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
4000
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
0
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
594000
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
0
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
617000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-35171000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-113000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1729000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-4268000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
17031000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
11024000
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
18760000
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
6756000
us-gaap Interest Paid Net
InterestPaidNet
13510000
us-gaap Interest Paid Net
InterestPaidNet
7696000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
19000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
17000
brst Capitalized Preferred Return
CapitalizedPreferredReturn
-7514000
brst Capitalized Preferred Return
CapitalizedPreferredReturn
0
brst Accrued Current Preferred Return
AccruedCurrentPreferredReturn
-365000
brst Accrued Current Preferred Return
AccruedCurrentPreferredReturn
0
brst Capitalized Interest On Mezzanine Loan
CapitalizedInterestOnMezzanineLoan
-822000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1556000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
514000
brst Accrued Pre Acquisition Costs
AccruedPreAcquisitionCosts
0
brst Accrued Pre Acquisition Costs
AccruedPreAcquisitionCosts
34000
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
13931000
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1559000
CY2023Q3 us-gaap Restricted Cash
RestrictedCash
4829000
CY2022Q3 us-gaap Restricted Cash
RestrictedCash
5197000
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18760000
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6756000
CY2023Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
372700000
CY2023Q3 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
15
CY2023Q3 brst Principal Amount Outstanding Of Loans Held In Portfolio To Be Matured Within Twelve Months
PrincipalAmountOutstandingOfLoansHeldInPortfolioToBeMaturedWithinTwelveMonths
11300000
us-gaap Debt Instrument Maturity Date Description
DebtInstrumentMaturityDateDescription
the Basis Term Loan (as defined below) had an outstanding principal balance of $35.2 million as of September 30, 2023 and matures on January 1, 2024, subject to the remaining one-year extension option that is subject to certain conditions, including a material adverse change clause, and approval by the lender.
CY2023Q3 brst Principal Amount Outstanding Of Loans Held In Portfolio To Be Matured Within Twelve Months
PrincipalAmountOutstandingOfLoansHeldInPortfolioToBeMaturedWithinTwelveMonths
11300000
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="text-indent:0;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:bold;font-size:10pt;font-family:Times New Roman;font-style:italic;min-width:fit-content;">Change in Presentation</span></p><p style="text-indent:4.533%;font-size:10pt;margin-top:6pt;font-family:Times New Roman;margin-bottom:0;text-align:justify;"><span style="color:#000000;white-space:pre-wrap;font-weight:normal;font-size:10pt;font-family:Times New Roman;min-width:fit-content;">The Company has made certain reclassifications to prior period financial statements in order to enhance the comparability with current period condensed consolidated financial statements.</span><span style="color:#000000;white-space:pre-wrap;font-weight:normal;font-size:10pt;font-family:Times New Roman;min-width:fit-content;"> </span></p>
CY2023Q3 brst Net Amortization Related To Above Market Leases And Below Market Leases
NetAmortizationRelatedToAboveMarketLeasesAndBelowMarketLeases
100000
CY2022Q3 brst Net Amortization Related To Above Market Leases And Below Market Leases
NetAmortizationRelatedToAboveMarketLeasesAndBelowMarketLeases
100000
brst Net Amortization Related To Above Market Leases And Below Market Leases
NetAmortizationRelatedToAboveMarketLeasesAndBelowMarketLeases
200000
brst Net Amortization Related To Above Market Leases And Below Market Leases
NetAmortizationRelatedToAboveMarketLeasesAndBelowMarketLeases
300000
CY2023Q3 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
1659000
CY2022Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
1722000
CY2023Q3 brst Leasing Commission Costs
LeasingCommissionCosts
1728000
CY2022Q4 brst Leasing Commission Costs
LeasingCommissionCosts
751000
CY2023Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
375000
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
695000
CY2023Q3 brst Pre Acquisition Costs
PreAcquisitionCosts
11000
CY2022Q4 brst Pre Acquisition Costs
PreAcquisitionCosts
8000
CY2023Q3 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
34000
CY2022Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
101000
CY2023Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
47000
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
64000
CY2023Q3 us-gaap Other Assets
OtherAssets
5024000
CY2022Q4 us-gaap Other Assets
OtherAssets
4511000
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
410000
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
60650000
CY2023Q3 us-gaap Accounts Payable Trade Current And Noncurrent
AccountsPayableTradeCurrentAndNoncurrent
3036000
CY2022Q4 us-gaap Accounts Payable Trade Current And Noncurrent
AccountsPayableTradeCurrentAndNoncurrent
2476000
CY2023Q3 us-gaap Security Deposit Liability
SecurityDepositLiability
2369000
CY2022Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
2529000
CY2023Q3 brst Real Estate Tax Payable Current And Noncurrent
RealEstateTaxPayableCurrentAndNoncurrent
1160000
CY2022Q4 brst Real Estate Tax Payable Current And Noncurrent
RealEstateTaxPayableCurrentAndNoncurrent
1231000
CY2023Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
1233000
CY2022Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
1570000
CY2023Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
1258000
CY2022Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
1208000
CY2023Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
386000
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
738000
CY2023Q3 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
6094000
CY2022Q4 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
5659000
CY2023Q3 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
15536000
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
15411000
CY2023Q3 brst Long Term Debt Net Of Discount
LongTermDebtNetOfDiscount
235255000
CY2022Q4 brst Long Term Debt Net Of Discount
LongTermDebtNetOfDiscount
269474000
CY2023Q3 us-gaap Deferred Costs
DeferredCosts
1810000
CY2022Q4 us-gaap Deferred Costs
DeferredCosts
1858000
CY2023Q3 us-gaap Long Term Debt
LongTermDebt
233445000
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
267616000
CY2023Q3 brst Exit Fees Outstanding
ExitFeesOutstanding
200000
CY2022Q4 brst Exit Fees Outstanding
ExitFeesOutstanding
300000
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
12462000
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
13957000
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
119223000
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
28110000
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
0
CY2023Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
234812000
CY2023Q3 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
1367000
CY2023Q3 us-gaap Long Term Debt
LongTermDebt
233445000
CY2023Q3 brst Income Expenses Related To Fair Value Adjustments On Derivatives
IncomeExpensesRelatedToFairValueAdjustmentsOnDerivatives
300000
CY2022Q3 brst Income Expenses Related To Fair Value Adjustments On Derivatives
IncomeExpensesRelatedToFairValueAdjustmentsOnDerivatives
1200000
brst Income Expenses Related To Fair Value Adjustments On Derivatives
IncomeExpensesRelatedToFairValueAdjustmentsOnDerivatives
100000
brst Income Expenses Related To Fair Value Adjustments On Derivatives
IncomeExpensesRelatedToFairValueAdjustmentsOnDerivatives
3800000
CY2023Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000
CY2023Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000
CY2023Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
10000
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
0
CY2023Q3 brst Rental Income
RentalIncome
9206000
CY2022Q3 brst Rental Income
RentalIncome
7369000
brst Rental Income
RentalIncome
29671000
brst Rental Income
RentalIncome
21034000
CY2023Q3 us-gaap Sublease Income
SubleaseIncome
12000
CY2022Q3 us-gaap Sublease Income
SubleaseIncome
17000
us-gaap Sublease Income
SubleaseIncome
33000
us-gaap Sublease Income
SubleaseIncome
68000
CY2023Q3 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
9218000
CY2022Q3 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
7386000
us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
29704000
us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
21102000
CY2023Q3 us-gaap Revenues
Revenues
10047000
CY2022Q3 us-gaap Revenues
Revenues
7931000
us-gaap Revenues
Revenues
32152000
us-gaap Revenues
Revenues
23626000
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
7224000
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
24891000
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
18975000
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
15992000
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
13602000
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
10330000
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
30067000
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
121081000
us-gaap Common Stock Conversion Basis
CommonStockConversionBasis
one-for-one basis
CY2023Q3 brst Weighted Average Number Of Antidilutive Convertible Preferred Stock Restricted Stock Rsus And Operating Partnership Units Outstanding
WeightedAverageNumberOfAntidilutiveConvertiblePreferredStockRestrictedStockRsusAndOperatingPartnershipUnitsOutstanding
7100000
brst Weighted Average Number Of Antidilutive Convertible Preferred Stock Restricted Stock Rsus And Operating Partnership Units Outstanding
WeightedAverageNumberOfAntidilutiveConvertiblePreferredStockRestrictedStockRsusAndOperatingPartnershipUnitsOutstanding
7000000
CY2022Q3 brst Weighted Average Number Of Antidilutive Convertible Preferred Stock Restricted Stock Rsus And Operating Partnership Units Outstanding
WeightedAverageNumberOfAntidilutiveConvertiblePreferredStockRestrictedStockRsusAndOperatingPartnershipUnitsOutstanding
4100000
brst Weighted Average Number Of Antidilutive Convertible Preferred Stock Restricted Stock Rsus And Operating Partnership Units Outstanding
WeightedAverageNumberOfAntidilutiveConvertiblePreferredStockRestrictedStockRsusAndOperatingPartnershipUnitsOutstanding
4100000
CY2023Q3 us-gaap Profit Loss
ProfitLoss
-5079000
CY2022Q3 us-gaap Profit Loss
ProfitLoss
-2442000
us-gaap Profit Loss
ProfitLoss
-3753000
us-gaap Profit Loss
ProfitLoss
-8530000
CY2023Q3 brst Preferred Equity Return On Preferred Equity Investment
PreferredEquityReturnOnPreferredEquityInvestment
-3716000
CY2022Q3 brst Preferred Equity Return On Preferred Equity Investment
PreferredEquityReturnOnPreferredEquityInvestment
0
brst Preferred Equity Return On Preferred Equity Investment
PreferredEquityReturnOnPreferredEquityInvestment
-10712000
brst Preferred Equity Return On Preferred Equity Investment
PreferredEquityReturnOnPreferredEquityInvestment
0
CY2023Q3 brst Preferred Equity Accretion To Redemption Value
PreferredEquityAccretionToRedemptionValue
-583000
CY2022Q3 brst Preferred Equity Accretion To Redemption Value
PreferredEquityAccretionToRedemptionValue
0
brst Preferred Equity Accretion To Redemption Value
PreferredEquityAccretionToRedemptionValue
-1754000
brst Preferred Equity Accretion To Redemption Value
PreferredEquityAccretionToRedemptionValue
0
CY2023Q3 brst Amount Of Preferred Op Units Return
AmountOfPreferredOpUnitsReturn
-122000
CY2022Q3 brst Amount Of Preferred Op Units Return
AmountOfPreferredOpUnitsReturn
0
brst Amount Of Preferred Op Units Return
AmountOfPreferredOpUnitsReturn
-352000
brst Amount Of Preferred Op Units Return
AmountOfPreferredOpUnitsReturn
0
CY2023Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-1633000
CY2022Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-202000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-2779000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-719000
CY2023Q3 brst Net Loss Attributable To Common Stockholders
NetLossAttributableToCommonStockholders
-7867000
CY2022Q3 brst Net Loss Attributable To Common Stockholders
NetLossAttributableToCommonStockholders
-2240000
brst Net Loss Attributable To Common Stockholders
NetLossAttributableToCommonStockholders
-13792000
brst Net Loss Attributable To Common Stockholders
NetLossAttributableToCommonStockholders
-7811000
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35692000
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32080000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35577000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32030000
CY2023Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2022Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35692000
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32080000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35577000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32030000
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.22
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.22
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.07
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.07
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.39
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.39
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.24
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.24
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2300000
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-800000
CY2023Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.226
CY2022Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.245
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-4000000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2300000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.226
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.245
CY2023Q3 brst Deferred Tax Assets Recorded Valuation Allowance
DeferredTaxAssetsRecordedValuationAllowance
400000
brst Deferred Tax Assets Recorded Valuation Allowance
DeferredTaxAssetsRecordedValuationAllowance
1500000
CY2022Q4 brst Related Party Advances
RelatedPartyAdvances
1100000

Files In Submission

Name View Source Status
FilingSummary.xml Edgar Link unprocessable
0000950170-23-063768-index-headers.html Edgar Link pending
0000950170-23-063768-index.html Edgar Link pending
0000950170-23-063768.txt Edgar Link pending
0000950170-23-063768-xbrl.zip Edgar Link pending
brst-20230930.htm Edgar Link pending
brst-20230930.xsd Edgar Link pending
brst-ex10_1.htm Edgar Link pending
brst-ex31_1.htm Edgar Link pending
brst-ex31_2.htm Edgar Link pending
brst-ex32_1.htm Edgar Link pending
brst-20230930_cal.xml Edgar Link unprocessable
brst-20230930_def.xml Edgar Link unprocessable
brst-20230930_lab.xml Edgar Link unprocessable
brst-20230930_pre.xml Edgar Link unprocessable
brst-20230930_htm.xml Edgar Link completed
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending