$BRST
Broad Street Realty, Inc.

2021 Q2 Form 10-Q Financial Statement

#000156459021044617 Filed on August 16, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2
Revenue $5.698M $4.185M
YoY Change 36.15%
Cost Of Revenue $1.643M $1.047M
YoY Change 56.92%
Gross Profit $4.055M $3.138M
YoY Change 29.22%
Gross Profit Margin 71.17% 74.98%
Selling, General & Admin $2.468M $2.061M
YoY Change 19.75% 1325.41%
% of Gross Profit 60.86% 65.68%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.897M $2.626M
YoY Change 10.32% 324900.0%
% of Gross Profit 71.44% 83.68%
Operating Expenses $6.787M $5.607M
YoY Change 21.05% 194.02%
Operating Profit -$1.089M -$1.422M
YoY Change -23.42% 388.66%
Interest Expense $3.081M $1.611M
YoY Change 91.25% 1864.63%
% of Operating Profit
Other Income/Expense, Net -$3.059M -$1.845M
YoY Change 65.8% 1208.51%
Pretax Income -$4.148M -$3.267M
YoY Change 26.97% 2151.86%
Income Tax -$1.000M -$800.0K
% Of Pretax Income
Net Earnings -$2.730M -$2.114M
YoY Change 29.14% 1357.12%
Net Earnings / Revenue -47.91% -50.51%
Basic Earnings Per Share
Diluted Earnings Per Share -$109.9K -$97.93K
COMMON SHARES
Basic Shares Outstanding 24.83K 21.59M
Diluted Shares Outstanding 24.83K 21.59M

Balance Sheet

Concept 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.072M $4.764M
YoY Change -35.52% 100194.74%
Cash & Equivalents $3.072M $4.764M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $1.812M $2.300M
Other Receivables $127.0K $19.00K
Total Short-Term Assets $4.884M $7.064M
YoY Change -30.86% 44725.18%
LONG-TERM ASSETS
Property, Plant & Equipment $84.00K $120.0K
YoY Change -30.0% 607.55%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $10.31M $4.131M
YoY Change 149.48%
Total Long-Term Assets $222.8M $179.7M
YoY Change 23.98% 1059723.11%
TOTAL ASSETS
Total Short-Term Assets $4.884M $7.064M
Total Long-Term Assets $222.8M $179.7M
Total Assets $227.7M $186.8M
YoY Change 21.9% 570852.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $9.669M $8.696M
YoY Change 11.19% 3798.68%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $9.708M $9.357M
YoY Change 3.75% 3518.41%
LONG-TERM LIABILITIES
Long-Term Debt $158.8M $114.5M
YoY Change 38.61%
Other Long-Term Liabilities $3.560M $3.299M
YoY Change 7.91%
Total Long-Term Liabilities $162.3M $117.8M
YoY Change 37.75%
TOTAL LIABILITIES
Total Short-Term Liabilities $9.708M $9.357M
Total Long-Term Liabilities $162.3M $117.8M
Total Liabilities $179.3M $139.6M
YoY Change 28.45% 53889.65%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $48.39M $47.20M
YoY Change
Total Liabilities & Shareholders Equity $227.7M $186.8M
YoY Change 21.9% 570852.66%

Cashflow Statement

Concept 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income -$2.730M -$2.114M
YoY Change 29.14% 1357.12%
Depreciation, Depletion And Amortization $2.897M $2.626M
YoY Change 10.32% 324900.0%
Cash From Operating Activities -$1.515M -$508.0K
YoY Change 198.23% 757.67%
INVESTING ACTIVITIES
Capital Expenditures -$734.0K -$758.0K
YoY Change -3.17%
Acquisitions
YoY Change
Other Investing Activities $2.377M $39.00K
YoY Change 5994.87%
Cash From Investing Activities $1.643M -$719.0K
YoY Change -328.51%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.067M 3.420M
YoY Change -68.8% -27460.0%
NET CHANGE
Cash From Operating Activities -1.515M -508.0K
Cash From Investing Activities 1.643M -719.0K
Cash From Financing Activities 1.067M 3.420M
Net Change In Cash 1.195M 2.193M
YoY Change -45.51% -3157.3%
FREE CASH FLOW
Cash From Operating Activities -$1.515M -$508.0K
Capital Expenditures -$734.0K -$758.0K
Free Cash Flow -$781.0K $250.0K
YoY Change -412.4%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2020Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
2951000
CY2020Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
10535000
CY2020Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
174481000
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4105000
CY2020Q4 us-gaap Restricted Cash
RestrictedCash
5878000
CY2020Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
660000
CY2020Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
11853000
CY2020Q2 brst Operating Cost Of Services
OperatingCostOfServices
140000
CY2020Q2 us-gaap Interest And Other Income
InterestAndOtherIncome
1000
us-gaap Interest And Other Income
InterestAndOtherIncome
7000
us-gaap Interest And Other Income
InterestAndOtherIncome
48000
CY2021Q2 us-gaap Assets Fair Value Adjustment
AssetsFairValueAdjustment
-20000
CY2021Q2 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
5000
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
186000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-4033000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1553000
CY2020Q2 us-gaap Profit Loss
ProfitLoss
-2483000
us-gaap Profit Loss
ProfitLoss
-4919000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-730000
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-2730000
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-2114000
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
523000
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
502000
CY2020Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
3645000
CY2020Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2020Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
500
CY2020Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
22624679
CY2020Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
10486000
CY2020Q4 us-gaap Liabilities
Liabilities
147942000
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
43484000
CY2020Q4 us-gaap Other Assets
OtherAssets
4738000
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-10035000
CY2020Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2020Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
191426000
CY2020Q4 us-gaap Assets
Assets
191426000
CY2020Q4 us-gaap Debt Longterm And Shortterm Combined Amount
DebtLongtermAndShorttermCombinedAmount
122060000
CY2020Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
22624679
CY2021Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
4816000
CY2020Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
54622000
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
8754000
CY2021Q2 us-gaap Revenues
Revenues
5698000
CY2020Q4 us-gaap Common Stock Value
CommonStockValue
225000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
44812000
CY2020Q2 us-gaap Revenues
Revenues
4185000
CY2020Q4 us-gaap Minority Interest
MinorityInterest
-1328000
us-gaap Revenues
Revenues
10616000
CY2020Q4 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
2381000
CY2020Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
2499000
us-gaap Revenues
Revenues
9309000
brst Operating Cost Of Services
OperatingCostOfServices
789000
CY2021Q2 brst Operating Cost Of Services
OperatingCostOfServices
446000
brst Operating Cost Of Services
OperatingCostOfServices
589000
CY2021Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
2676000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
4989000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
4981000
CY2021Q2 brst Property Operating Expense
PropertyOperatingExpense
1197000
CY2020Q2 brst Property Operating Expense
PropertyOperatingExpense
907000
brst Property Operating Expense
PropertyOperatingExpense
2447000
brst Property Operating Expense
PropertyOperatingExpense
1858000
CY2021Q2 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-9000
CY2020Q2 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
24000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
46000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
165000
CY2021Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2477000
CY2020Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2037000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5063000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4155000
CY2021Q2 us-gaap Operating Expenses
OperatingExpenses
6787000
CY2020Q2 us-gaap Operating Expenses
OperatingExpenses
5607000
us-gaap Operating Expenses
OperatingExpenses
13334000
us-gaap Operating Expenses
OperatingExpenses
11748000
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-1089000
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-1422000
us-gaap Operating Income Loss
OperatingIncomeLoss
-2718000
us-gaap Operating Income Loss
OperatingIncomeLoss
-2439000
CY2021Q2 us-gaap Interest And Other Income
InterestAndOtherIncome
7000
CY2020Q2 us-gaap Assets Fair Value Adjustment
AssetsFairValueAdjustment
69000
us-gaap Assets Fair Value Adjustment
AssetsFairValueAdjustment
-211000
us-gaap Assets Fair Value Adjustment
AssetsFairValueAdjustment
704000
CY2021Q2 us-gaap Interest Expense
InterestExpense
3081000
CY2020Q2 us-gaap Interest Expense
InterestExpense
1611000
us-gaap Interest Expense
InterestExpense
4959000
us-gaap Interest Expense
InterestExpense
3191000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
757000
CY2020Q2 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
166000
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
12000
CY2021Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3059000
CY2020Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1845000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3996000
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1019000
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-784000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1643000
CY2021Q2 us-gaap Profit Loss
ProfitLoss
-3129000
CY2020Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
2224000
us-gaap Profit Loss
ProfitLoss
-5071000
CY2021Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-399000
CY2020Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-369000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-664000
CY2020Q1 us-gaap Profit Loss
ProfitLoss
-2436000
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
49000000
CY2020Q2 us-gaap Profit Loss
ProfitLoss
-2483000
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
46517000
us-gaap Net Income Loss
NetIncomeLoss
-4407000
us-gaap Net Income Loss
NetIncomeLoss
-4189000
CY2021Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.11
CY2020Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.10
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.19
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.19
CY2021Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
24831316
CY2020Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
21587336
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
23657916
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
21587336
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
51436000
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
43484000
CY2021Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
21000
CY2021Q1 brst Tax Effect Of Change In Ownership Percentage Of Noncontrolling Interest
TaxEffectOfChangeInOwnershipPercentageOfNoncontrollingInterest
-16000
CY2021Q1 us-gaap Profit Loss
ProfitLoss
-1942000
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
41547000
CY2021Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
7860000
CY2021Q2 brst Shares Surrendered For Taxes Upon Vesting Value
SharesSurrenderedForTaxesUponVestingValue
21000
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
22000
CY2021Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
123000
CY2021Q2 brst Tax Effect Of Change In Ownership Percentage Of Noncontrolling Interest
TaxEffectOfChangeInOwnershipPercentageOfNoncontrollingInterest
-4000
CY2021Q2 us-gaap Profit Loss
ProfitLoss
-3129000
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
46398000
us-gaap Profit Loss
ProfitLoss
-5071000
us-gaap Profit Loss
ProfitLoss
-4919000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1643000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1553000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5352000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5221000
brst Minimum Return On Preferred Interests
MinimumReturnOnPreferredInterests
424000
brst Minimum Return On Preferred Interests
MinimumReturnOnPreferredInterests
-488000
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
757000
us-gaap Straight Line Rent
StraightLineRent
282000
us-gaap Straight Line Rent
StraightLineRent
480000
brst Straight Line Rent Liability
StraightLineRentLiability
-14000
brst Straight Line Rent Liability
StraightLineRentLiability
6000
us-gaap Share Based Compensation
ShareBasedCompensation
144000
brst Change In Fair Value Of Derivatives
ChangeInFairValueOfDerivatives
-211000
brst Change In Fair Value Of Derivatives
ChangeInFairValueOfDerivatives
704000
brst Bad Debt Expense
BadDebtExpense
46000
brst Bad Debt Expense
BadDebtExpense
165000
brst Write Off Of Pre Acquisition Costs
WriteOffOfPreAcquisitionCosts
150000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-653000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
617000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-703000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1109000
us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
18000
us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
-22000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-2629000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-1109000
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
-6000
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
-11000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-152000
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-94000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-3461000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1894000
brst Payments For Proceeds From Acquisitions Of Real Estate Net Of Cash And Restricted Cash Received
PaymentsForProceedsFromAcquisitionsOfRealEstateNetOfCashAndRestrictedCashReceived
1898000
brst Payments To Capitalized Pre Acquisition Costs Net Of Refunds
PaymentsToCapitalizedPreAcquisitionCostsNetOfRefunds
-34000
brst Payments For Proceeds From Acquisitions Of Real Estate Net Of Cash And Restricted Cash Received
PaymentsForProceedsFromAcquisitionsOfRealEstateNetOfCashAndRestrictedCashReceived
-2377000
brst Payments For Proceeds From Capital Expenditures For Real Estate
PaymentsForProceedsFromCapitalExpendituresForRealEstate
1882000
brst Payments For Proceeds From Capital Expenditures For Real Estate
PaymentsForProceedsFromCapitalExpendituresForRealEstate
1131000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
495000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2995000
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
17908000
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
5063000
us-gaap Repayments Of Debt
RepaymentsOfDebt
12076000
us-gaap Repayments Of Debt
RepaymentsOfDebt
2909000
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
1000
brst Taxes Remitted Upon Vesting Of Restricted Stock
TaxesRemittedUponVestingOfRestrictedStock
21000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
675000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
63000
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
671000
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
1139000
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
488000
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
1040000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
5319000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2189000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
2353000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-2700000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
9983000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
11595000
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
12336000
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
8895000
us-gaap Interest Paid Net
InterestPaidNet
3648000
us-gaap Interest Paid Net
InterestPaidNet
2781000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
197000
brst Accrued Offering Costs
AccruedOfferingCosts
457000
brst Accrued Offering Costs
AccruedOfferingCosts
457000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
275000
brst Accrued Acquisition Costs
AccruedAcquisitionCosts
560000
brst Accrued Pre Acquisition Costs
AccruedPreAcquisitionCosts
91000
brst Accrued Pre Acquisition Costs
AccruedPreAcquisitionCosts
95000
brst Accrued Deferred Loan Costs
AccruedDeferredLoanCosts
43000
brst Noncash Or Part Non Cash Acquisition Real Estate Acquired
NoncashOrPartNonCashAcquisitionRealEstateAcquired
-39552000
brst Noncash Or Part Non Cash Acquisition Common Shares Issued In Mergers
NoncashOrPartNonCashAcquisitionCommonSharesIssuedInMergers
8038000
us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
31514000
brst Non Cash Or Part Non Cash Forgiveness Of Paycheck Protection Program Loan
NonCashOrPartNonCashForgivenessOfPaycheckProtectionProgramLoan
757000
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3072000
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4764000
CY2021Q2 us-gaap Restricted Cash
RestrictedCash
9264000
CY2020Q2 us-gaap Restricted Cash
RestrictedCash
4131000
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12336000
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8895000
CY2021Q2 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
225500000
CY2021Q2 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
14
CY2019Q2 brst Number Of Entities That Own Properties Acquired
NumberOfEntitiesThatOwnPropertiesAcquired
17
CY2021Q2 us-gaap Principal Amount Outstanding Of Loans Held In Portfolio
PrincipalAmountOutstandingOfLoansHeldInPortfolio
3500000
CY2021Q2 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
1167000
CY2020Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
885000
CY2021Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1045000
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1287000
CY2021Q2 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
1042000
CY2021Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1000000.0
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1900000
CY2020Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1100000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2200000
CY2020Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
1662000
CY2021Q2 brst Pre Acquisition Costs
PreAcquisitionCosts
293000
CY2020Q4 brst Pre Acquisition Costs
PreAcquisitionCosts
519000
CY2021Q2 us-gaap Allowance For Doubtful Other Receivables Current
AllowanceForDoubtfulOtherReceivablesCurrent
82000
CY2020Q4 us-gaap Allowance For Doubtful Other Receivables Current
AllowanceForDoubtfulOtherReceivablesCurrent
82000
CY2021Q2 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
127000
CY2020Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
59000
CY2021Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
84000
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
107000
CY2021Q2 us-gaap Due From Related Parties
DueFromRelatedParties
41000
CY2020Q4 us-gaap Due From Related Parties
DueFromRelatedParties
206000
CY2021Q2 us-gaap Lease Incentive Receivable
LeaseIncentiveReceivable
9000
CY2020Q4 us-gaap Lease Incentive Receivable
LeaseIncentiveReceivable
12000
CY2021Q2 us-gaap Interest Rate Cash Flow Hedge Asset At Fair Value
InterestRateCashFlowHedgeAssetAtFairValue
2000
CY2020Q4 us-gaap Interest Rate Cash Flow Hedge Asset At Fair Value
InterestRateCashFlowHedgeAssetAtFairValue
1000
CY2021Q2 us-gaap Other Assets
OtherAssets
3810000
CY2020Q4 us-gaap Other Assets
OtherAssets
4738000
CY2021Q2 brst Long Term Debt Net Of Discount
LongTermDebtNetOfDiscount
159944000
CY2020Q4 brst Long Term Debt Net Of Discount
LongTermDebtNetOfDiscount
122977000
CY2021Q2 us-gaap Deferred Costs
DeferredCosts
1184000
CY2020Q4 us-gaap Deferred Costs
DeferredCosts
917000
CY2021Q2 us-gaap Long Term Debt
LongTermDebt
158760000
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
122060000
CY2020Q2 brst Paycheck Protection Program Loan Interest Rate
PaycheckProtectionProgramLoanInterestRate
0.010
CY2021Q2 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
1900000
CY2021Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
1200000
CY2020Q4 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
1400000
CY2020Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
900000
CY2021Q2 brst Debt Instrument Unamortized Discount Gross
DebtInstrumentUnamortizedDiscountGross
2000000.0
CY2021Q2 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
1300000
CY2020Q4 brst Debt Instrument Unamortized Discount Gross
DebtInstrumentUnamortizedDiscountGross
1400000
CY2020Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
900000
CY2021Q2 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
4707000
CY2021Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
20914000
CY2021Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
111733000
CY2021Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
13133000
CY2021Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
10665000
CY2021Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
46000
CY2021Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
161198000
CY2021Q2 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
2438000
CY2021Q2 us-gaap Long Term Debt
LongTermDebt
158760000
brst Income Expenses Related To Fair Value Adjustments On Derivatives
IncomeExpensesRelatedToFairValueAdjustmentsOnDerivatives
200000
CY2020Q2 brst Income Expenses Related To Fair Value Adjustments On Derivatives
IncomeExpensesRelatedToFairValueAdjustmentsOnDerivatives
-100000
brst Income Expenses Related To Fair Value Adjustments On Derivatives
IncomeExpensesRelatedToFairValueAdjustmentsOnDerivatives
-700000
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
70000
CY2021Q2 brst Rental Income
RentalIncome
4816000
CY2020Q2 brst Rental Income
RentalIncome
3645000
brst Rental Income
RentalIncome
8754000
brst Rental Income
RentalIncome
7791000
CY2020Q2 us-gaap Sublease Income
SubleaseIncome
8000
us-gaap Sublease Income
SubleaseIncome
16000
CY2021Q2 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
4816000
CY2020Q2 us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
3653000
us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
8754000
us-gaap Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
7807000
CY2021Q2 us-gaap Revenues
Revenues
5698000
CY2020Q2 us-gaap Revenues
Revenues
4185000
us-gaap Revenues
Revenues
10616000
us-gaap Revenues
Revenues
9309000
CY2021Q2 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
8507000
CY2021Q2 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
16644000
CY2021Q2 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
15167000
CY2021Q2 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
12284000
CY2021Q2 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
10062000
CY2021Q2 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
7680000
CY2021Q2 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
19747000
CY2021Q2 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
90091000
us-gaap Common Stock Conversion Basis
CommonStockConversionBasis
one-for-one basis
CY2021Q2 us-gaap Profit Loss
ProfitLoss
-3129000
CY2020Q2 us-gaap Profit Loss
ProfitLoss
-2483000
us-gaap Profit Loss
ProfitLoss
-5071000
us-gaap Profit Loss
ProfitLoss
-4919000
CY2021Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-399000
CY2020Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-369000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-664000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-730000
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-2730000
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-2114000
us-gaap Net Income Loss
NetIncomeLoss
-4407000
us-gaap Net Income Loss
NetIncomeLoss
-4189000
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24831000
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
21587000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23658000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
21587000
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24831000
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
21587000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
23658000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
21587000
CY2021Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.11
CY2020Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.10
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.19
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.19
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1000000.0
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1600000
CY2021Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.245
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.245
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-800000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1600000
CY2020Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.24
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.24
CY2021Q2 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
300000
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
800000
CY2020Q2 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
400000
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
800000
CY2021Q2 us-gaap Accounts Receivable Related Parties
AccountsReceivableRelatedParties
400000
CY2020Q4 us-gaap Accounts Receivable Related Parties
AccountsReceivableRelatedParties
500000
CY2021Q2 brst Number Of Properties To Be Acquired
NumberOfPropertiesToBeAcquired
3

Files In Submission

Name View Source Status
0001564590-21-044617-index-headers.html Edgar Link pending
0001564590-21-044617-index.html Edgar Link pending
0001564590-21-044617.txt Edgar Link pending
0001564590-21-044617-xbrl.zip Edgar Link pending
brst-10q_20210630.htm Edgar Link pending
brst-10q_20210630_htm.xml Edgar Link completed
brst-20210630.xsd Edgar Link pending
brst-20210630_cal.xml Edgar Link unprocessable
brst-20210630_def.xml Edgar Link unprocessable
brst-20210630_lab.xml Edgar Link unprocessable
brst-20210630_pre.xml Edgar Link unprocessable
brst-ex101_11.htm Edgar Link pending
brst-ex102_12.htm Edgar Link pending
brst-ex311_7.htm Edgar Link pending
brst-ex312_8.htm Edgar Link pending
brst-ex321_6.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
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
R6.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