2017 Q4 Form 10-Q Financial Statement
#000163156917000037 Filed on November 07, 2017
Income Statement
Concept | 2017 Q4 | 2017 Q3 | 2016 Q3 |
---|---|---|---|
Revenue | $10.96M | $9.444M | $6.443M |
YoY Change | 48.3% | 46.58% | 98.86% |
Cost Of Revenue | $2.580M | $2.230M | $960.0K |
YoY Change | 72.0% | 132.29% | 28.0% |
Gross Profit | $8.320M | $7.220M | $5.480M |
YoY Change | 41.26% | 31.75% | 120.08% |
Gross Profit Margin | 75.9% | 76.45% | 85.05% |
Selling, General & Admin | $1.210M | $1.070M | $740.0K |
YoY Change | 32.97% | 44.59% | 236.36% |
% of Gross Profit | 14.54% | 14.82% | 13.5% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $5.100M | $4.660M | $3.560M |
YoY Change | 40.5% | 30.9% | 56.83% |
% of Gross Profit | 61.3% | 64.54% | 64.96% |
Operating Expenses | $8.841M | $7.838M | $5.203M |
YoY Change | 48.09% | 50.64% | 63.36% |
Operating Profit | -$521.0K | -$618.0K | $277.0K |
YoY Change | 551.25% | -323.1% | -139.86% |
Interest Expense | -$1.050M | $1.091M | $185.0K |
YoY Change | 169.23% | 489.73% | 32.14% |
% of Operating Profit | 66.79% | ||
Other Income/Expense, Net | -$569.0K | -$1.027M | -$176.0K |
YoY Change | 46.27% | 483.52% | 44.26% |
Pretax Income | $1.070M | $580.0K | $1.060M |
YoY Change | 3.88% | -45.28% | -1614.29% |
Income Tax | -$480.0K | ||
% Of Pretax Income | -44.86% | ||
Net Earnings | $1.550M | $579.0K | $1.064M |
YoY Change | 50.49% | -45.58% | -1688.06% |
Net Earnings / Revenue | 14.14% | 6.13% | 16.51% |
Basic Earnings Per Share | $0.08 | $0.02 | $0.08 |
Diluted Earnings Per Share | $0.08 | $0.02 | $0.08 |
COMMON SHARES | |||
Basic Shares Outstanding | 18.09M shares | 16.24M shares | 12.69M shares |
Diluted Shares Outstanding | 16.24M shares | 12.75M shares |
Balance Sheet
Concept | 2017 Q4 | 2017 Q3 | 2016 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $2.100M | $17.50M | $1.700M |
YoY Change | 31.25% | 929.41% | -89.44% |
Cash & Equivalents | $2.130M | $17.48M | $1.742M |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $2.100M | $17.50M | $1.700M |
YoY Change | 31.25% | 929.41% | -89.44% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $352.4M | $316.3M | $191.8M |
YoY Change | 50.41% | 64.91% | 95.12% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $383.7M | $337.6M | $206.9M |
YoY Change | 53.51% | 63.19% | 86.48% |
TOTAL ASSETS | |||
Total Short-Term Assets | $2.100M | $17.50M | $1.700M |
Total Long-Term Assets | $383.7M | $337.6M | $206.9M |
Total Assets | $385.8M | $355.1M | $208.6M |
YoY Change | 53.37% | 70.25% | 64.19% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $4.100M | $3.200M | $2.800M |
YoY Change | 17.14% | 14.29% | 180.0% |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $4.100M | $3.200M | $2.800M |
YoY Change | 17.14% | 14.29% | 180.0% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $93.40M | $59.30M | $5.000M |
YoY Change | 83.14% | 1086.0% | |
Other Long-Term Liabilities | $5.000M | $4.700M | $3.100M |
YoY Change | 66.67% | 51.61% | 181.82% |
Total Long-Term Liabilities | $98.40M | $64.00M | $8.100M |
YoY Change | 82.22% | 690.12% | 636.36% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $4.100M | $3.200M | $2.800M |
Total Long-Term Liabilities | $98.40M | $64.00M | $8.100M |
Total Liabilities | $102.4M | $67.25M | $10.85M |
YoY Change | 78.0% | 519.84% | 418.89% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | |||
YoY Change | |||
Common Stock | $324.5M | $324.1M | $214.2M |
YoY Change | 51.31% | 51.26% | 67.87% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $283.4M | $287.9M | $197.8M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $385.8M | $355.1M | $208.6M |
YoY Change | 53.37% | 70.25% | 64.19% |
Cashflow Statement
Concept | 2017 Q4 | 2017 Q3 | 2016 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $1.550M | $579.0K | $1.064M |
YoY Change | 50.49% | -45.58% | -1688.06% |
Depreciation, Depletion And Amortization | $5.100M | $4.660M | $3.560M |
YoY Change | 40.5% | 30.9% | 56.83% |
Cash From Operating Activities | $6.770M | $6.550M | $3.860M |
YoY Change | 63.92% | 69.69% | 127.06% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$40.65M | -$28.52M | -$12.43M |
YoY Change | -10.5% | 129.44% | -6.26% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$8.220M | -$4.990M | $0.00 |
YoY Change | -7572.73% | -100.0% | |
Cash From Investing Activities | -$48.86M | -$33.51M | -$12.43M |
YoY Change | 7.83% | 169.59% | -48.47% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 26.75M | 43.61M | -610.0K |
YoY Change | -34.77% | -7249.18% | -43.52% |
NET CHANGE | |||
Cash From Operating Activities | 6.770M | 6.550M | 3.860M |
Cash From Investing Activities | -48.86M | -33.51M | -12.43M |
Cash From Financing Activities | 26.75M | 43.61M | -610.0K |
Net Change In Cash | -15.34M | 16.65M | -9.180M |
YoY Change | 8923.53% | -281.37% | -60.94% |
FREE CASH FLOW | |||
Cash From Operating Activities | $6.770M | $6.550M | $3.860M |
Capital Expenditures | -$40.65M | -$28.52M | -$12.43M |
Free Cash Flow | $47.42M | $35.07M | $16.29M |
YoY Change | -4.3% | 115.29% | 8.89% |
Facts In Submission
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|
-404000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
1284000 | USD | |
CY2016Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
64784 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
49762 | shares | |
CY2017Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares | |
CY2016Q3 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
9000 | USD |
us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
28000 | USD | |
CY2017Q3 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
64000 | USD |
us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
67000 | USD | |
CY2016Q3 | us-gaap |
Interest Expense
InterestExpense
|
185000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
787000 | USD | |
CY2017Q3 | us-gaap |
Interest Expense
InterestExpense
|
1091000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
2897000 | USD | |
CY2016Q3 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
270000 | USD |
us-gaap |
Interest Income Operating
InterestIncomeOperating
|
1367000 | USD | |
CY2017Q3 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
255000 | USD |
us-gaap |
Interest Income Operating
InterestIncomeOperating
|
774000 | USD | |
us-gaap |
Limited Liability Company Llc Or Limited Partnership Lp Managing Member Or General Partner Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest
|
1 | ||
us-gaap |
Interest Paid
InterestPaid
|
504000 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
2390000 | USD | |
CY2016Q4 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
222755000 | USD |
CY2017Q3 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
307492000 | USD |
CY2016Q4 | us-gaap |
Land And Land Improvements
LandAndLandImprovements
|
29884000 | USD |
CY2017Q3 | us-gaap |
Land And Land Improvements
LandAndLandImprovements
|
39810000 | USD |
CY2016Q4 | us-gaap |
Liabilities
Liabilities
|
57522000 | USD |
CY2017Q3 | us-gaap |
Liabilities
Liabilities
|
67253000 | USD |
CY2016Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
251529000 | USD |
CY2017Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
355149000 | USD |
CY2016Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
51000000 | USD |
CY2017Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
59284000 | USD |
CY2016Q4 | us-gaap |
Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
|
10786000 | USD |
CY2017Q3 | us-gaap |
Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
|
10633000 | USD |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
60702000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
99238000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-71778000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-98691000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
10800000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
15364000 | USD | |
CY2016Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1064000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
1688000 | USD | |
CY2017Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
579000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
1958000 | USD | |
CY2016Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
1064000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
1688000 | USD | |
CY2017Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
379000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
1432000 | USD | |
CY2016Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-176000 | USD |
CY2017Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-1027000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-2830000 | USD | |
CY2016Q4 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
0 | USD |
CY2017Q3 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
5704000 | USD |
CY2017Q3 | us-gaap |
Number Of Real Estate Properties
NumberOfRealEstateProperties
|
80 | real_estate_property |
us-gaap |
Number Of Reporting Units
NumberOfReportingUnits
|
1 | reporting_unit | |
CY2017Q3 | us-gaap |
Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
|
26 | state |
CY2016Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
5203000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
15358000 | USD | |
CY2017Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
7838000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
21593000 | USD | |
CY2017Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
|
245959000 | USD |
CY2017Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
|
8292000 | USD |
CY2017Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
|
21541000 | USD |
CY2017Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
|
24497000 | USD |
CY2016Q4 | us-gaap |
Other Assets
OtherAssets
|
4843000 | USD |
CY2017Q3 | us-gaap |
Other Assets
OtherAssets
|
10776000 | USD |
CY2016Q4 | us-gaap |
Other Assets Miscellaneous
OtherAssetsMiscellaneous
|
486000 | USD |
CY2017Q3 | us-gaap |
Other Assets Miscellaneous
OtherAssetsMiscellaneous
|
653000 | USD |
CY2016Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
0 | USD |
CY2017Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
|
27202000 | USD |
CY2017Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
|
30409000 | USD |
CY2016Q3 | us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
4985000 | USD |
us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
13188000 | USD | |
CY2017Q3 | us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
8012000 | USD |
us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
21968000 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
0 | USD | |
CY2017Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
50000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-386000 | USD | |
CY2016Q3 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
0 | USD |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
0 | USD | |
CY2017Q3 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
-124000 | USD |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
-286000 | USD | |
CY2016Q3 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
0 | USD |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
0 | USD | |
CY2017Q3 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-74000 | USD |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-672000 | USD | |
CY2016Q4 | us-gaap |
Other Deferred Costs Net
OtherDeferredCostsNet
|
1010000 | USD |
CY2017Q3 | us-gaap |
Other Deferred Costs Net
OtherDeferredCostsNet
|
716000 | USD |
CY2016Q4 | us-gaap |
Other Intangible Assets Net
OtherIntangibleAssetsNet
|
25000 | USD |
CY2017Q3 | us-gaap |
Other Intangible Assets Net
OtherIntangibleAssetsNet
|
0 | USD |
CY2016Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
2981000 | USD |
CY2017Q3 | us-gaap |
Other Liabilities
OtherLiabilities
|
4743000 | USD |
CY2016Q3 | us-gaap |
Other Real Estate Revenue
OtherRealEstateRevenue
|
0 | USD |
us-gaap |
Other Real Estate Revenue
OtherRealEstateRevenue
|
0 | USD | |
CY2017Q3 | us-gaap |
Other Real Estate Revenue
OtherRealEstateRevenue
|
19000 | USD |
us-gaap |
Other Real Estate Revenue
OtherRealEstateRevenue
|
19000 | USD | |
CY2016Q3 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
0 | USD |
CY2017Q3 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
-200000 | USD |
us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
-526000 | USD | |
CY2017Q2 | us-gaap |
Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
|
400000 | USD |
us-gaap |
Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
|
0 | USD | |
us-gaap |
Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
|
393000 | USD | |
us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
1123000 | USD | |
us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
545000 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
641000 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
784000 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
12782000 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
17288000 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
680000 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
465000 | USD | |
us-gaap |
Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
|
12406000 | USD | |
us-gaap |
Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
|
5000000 | USD | |
us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
58249000 | USD | |
us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
93442000 | USD | |
CY2016Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2017Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
109168000 | USD | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
0 | USD | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
60000000 | USD | |
CY2016Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000000 | shares |
CY2017Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000000 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2017Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2017Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2017Q3 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
114600000 | USD |
us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
-12000000 | USD | |
us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
-51000000 | USD | |
CY2016Q3 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
73000 | USD |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
103000 | USD | |
CY2017Q3 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
0 | USD |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
67000 | USD | |
CY2016Q4 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
18404000 | USD |
CY2017Q3 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
31153000 | USD |
CY2016Q4 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
252736000 | USD |
CY2017Q3 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
347414000 | USD |
CY2016Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2017Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2016Q4 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
260000 | USD |
CY2017Q3 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
355000 | USD |
us-gaap |
Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
|
0 | USD | |
us-gaap |
Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
|
296000 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
86805000 | USD | |
CY2016Q4 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
234332000 | USD |
CY2017Q3 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
316261000 | USD |
CY2016Q3 | us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
6443000 | USD |
us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
17805000 | USD | |
CY2017Q3 | us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
9444000 | USD |
us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
26381000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
453000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1050000 | USD | |
CY2016 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
5175000 | shares |
us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
4887500 | shares | |
CY2016 | us-gaap |
Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
|
216542 | shares |
us-gaap |
Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
|
209816 | shares | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
108555000 | USD | |
CY2016Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
194007000 | USD |
CY2017Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
287896000 | USD |
CY2016Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
194007000 | USD |
CY2017Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
287896000 | USD |
us-gaap |
Straight Line Rent
StraightLineRent
|
405000 | USD | |
us-gaap |
Straight Line Rent
StraightLineRent
|
980000 | USD | |
CY2016Q3 | us-gaap |
Tenant Reimbursements
TenantReimbursements
|
1188000 | USD |
us-gaap |
Tenant Reimbursements
TenantReimbursements
|
3250000 | USD | |
CY2017Q3 | us-gaap |
Tenant Reimbursements
TenantReimbursements
|
1158000 | USD |
us-gaap |
Tenant Reimbursements
TenantReimbursements
|
3620000 | USD | |
CY2016Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
12750967 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
10802095 | shares | |
CY2017Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
16241986 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
13884476 | shares | |
CY2016Q3 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
12948097 | shares |
us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
10972011 | shares | |
CY2017Q3 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
16719150 | shares |
us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
14319231 | shares | |
CY2016Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
12686183 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
10752333 | shares | |
CY2017Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
16241986 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
13884476 | shares | |
CY2016Q3 | us-gaap |
Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
|
261914 | shares |
us-gaap |
Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
|
219678 | shares | |
CY2017Q3 | us-gaap |
Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
|
477164 | shares |
us-gaap |
Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
|
434755 | shares | |
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:4px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Concentration of Credit Risks</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our credit risks primarily relate to cash and cash equivalents, our mortgage note receivable and our interest rate swaps, which are discussed below. Cash and cash equivalents are primarily held in bank accounts and overnight investments. We maintain our bank deposit accounts with large financial institutions in amounts that often exceed federally-insured limits. We have not experienced any losses in such accounts.</font></div></div> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:4px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates in the Condensed Consolidated Financial Statements</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Preparation of the Condensed Consolidated Financial Statements in accordance with GAAP requires management to make estimates and assumptions that affect amounts reported in the Condensed Consolidated Financial Statements and accompanying notes. Actual results may materially differ from those estimates.</font></div></div> |