2024 Q1 Form 10-K Financial Statement

#000119312524042048 Filed on February 22, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $44.49M $44.32M $179.1M
YoY Change -3.19% -0.66% -0.77%
Cost Of Revenue $17.74M $17.39M $70.00M
YoY Change 0.14% 2.26% 3.33%
Gross Profit $26.75M $26.93M $109.1M
YoY Change -5.27% -2.45% -3.23%
Gross Profit Margin 60.12% 60.77% 60.92%
Selling, General & Admin $3.711M $3.878M $14.84M
YoY Change -1.43% 20.92% 7.68%
% of Gross Profit 13.87% 14.4% 13.6%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $15.08M $17.19M $62.99M
YoY Change -1.5% 11.44% 0.79%
% of Gross Profit 56.36% 63.81% 57.73%
Operating Expenses $36.53M $21.07M $147.8M
YoY Change -0.7% 13.1% -6.12%
Operating Profit $7.963M $5.864M $31.27M
YoY Change -13.14% -34.71% 35.81%
Interest Expense $8.417M -$8.386M $33.17M
YoY Change 1.47% 7.87% 22.85%
% of Operating Profit 105.7% -143.01% 106.08%
Other Income/Expense, Net
YoY Change
Pretax Income -$454.0K -$2.522M -$2.035M
YoY Change -152.0% -79.39% -111.51%
Income Tax
% Of Pretax Income
Net Earnings -$589.0K -$4.518M -$2.682M
YoY Change -183.66% -68.35% -115.79%
Net Earnings / Revenue -1.32% -10.19% -1.5%
Basic Earnings Per Share -$0.06 -$0.25
Diluted Earnings Per Share -$0.06 -$0.11 -$0.25
COMMON SHARES
Basic Shares Outstanding 40.15M 39.94M 39.92M
Diluted Shares Outstanding 40.10M 39.92M

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $29.53M $30.08M $30.08M
YoY Change -17.63% 6.72% 6.72%
Cash & Equivalents $29.53M $30.08M $30.08M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $53.45M
Other Receivables
Total Short-Term Assets $82.65M $83.54M $83.54M
YoY Change 0.04% 15.04% 15.04%
LONG-TERM ASSETS
Property, Plant & Equipment $1.340B $1.345B $1.345B
YoY Change -4.04% -3.43% -3.43%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $37.05M $34.36M $34.36M
YoY Change -3.07% -9.74% -9.74%
Total Long-Term Assets $1.423B $1.428B $1.428B
YoY Change -4.71% -4.93% -4.93%
TOTAL ASSETS
Total Short-Term Assets $82.65M $83.54M $83.54M
Total Long-Term Assets $1.423B $1.428B $1.428B
Total Assets $1.506B $1.511B $1.511B
YoY Change -4.46% -4.01% -4.01%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $29.91M $29.07M $29.07M
YoY Change 1.29% -18.69% -18.69%
Accrued Expenses $8.484M $8.550M $8.550M
YoY Change -2.91% -2.86% -2.86%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $6.000K $7.000K $7.000K
YoY Change
Total Short-Term Liabilities $38.40M $37.63M $37.63M
YoY Change 0.35% -15.55% -15.55%
LONG-TERM LIABILITIES
Long-Term Debt $669.8M $671.1M $671.1M
YoY Change -5.66% -4.16% -4.16%
Other Long-Term Liabilities $29.66M $30.06M $30.06M
YoY Change -17.88% 13.2% 13.2%
Total Long-Term Liabilities $699.5M $701.1M $701.1M
YoY Change -6.25% -3.52% -3.52%
TOTAL LIABILITIES
Total Short-Term Liabilities $38.40M $37.63M $37.63M
Total Long-Term Liabilities $699.5M $701.1M $701.1M
Total Liabilities $737.9M $738.7M $739.1M
YoY Change -5.93% -4.22% -4.21%
SHAREHOLDERS EQUITY
Retained Earnings $214.7M $221.2M
YoY Change -11.39% -12.06%
Common Stock $439.3M $439.3M
YoY Change 0.75% 0.62%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $767.5M $772.2M $772.2M
YoY Change
Total Liabilities & Shareholders Equity $1.506B $1.511B $1.511B
YoY Change -4.46% -4.01% -4.01%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$589.0K -$4.518M -$2.682M
YoY Change -183.66% -68.35% -115.79%
Depreciation, Depletion And Amortization $15.08M $17.19M $62.99M
YoY Change -1.5% 11.44% 0.79%
Cash From Operating Activities $16.39M $9.023M $57.22M
YoY Change 18.03% -5.27% -46.36%
INVESTING ACTIVITIES
Capital Expenditures $5.989M $9.187M $32.49M
YoY Change -47.39% 2.63% -13.33%
Acquisitions
YoY Change
Other Investing Activities -$1.505M -$1.352M -$8.852M
YoY Change 45.13% -27.58% -7.45%
Cash From Investing Activities -$7.494M -$10.44M -$41.34M
YoY Change -39.66% -3.51% -12.14%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -8.920M -7.454M -16.75M
YoY Change -236.94% -292.36% -70.93%
NET CHANGE
Cash From Operating Activities 16.39M 9.023M 57.22M
Cash From Investing Activities -7.494M -10.44M -41.34M
Cash From Financing Activities -8.920M -7.454M -16.75M
Net Change In Cash -28.00K -8.870M -870.0K
YoY Change -100.35% -443.67% -143.59%
FREE CASH FLOW
Cash From Operating Activities $16.39M $9.023M $57.22M
Capital Expenditures $5.989M $9.187M $32.49M
Free Cash Flow $10.40M -$164.0K $24.74M
YoY Change 315.88% -128.62% -64.25%

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CY2022 us-gaap Common Stock Dividends Per Share Declared
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CY2021 us-gaap Common Stock Dividends Per Share Declared
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CY2023 us-gaap Profit Loss
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CY2022 us-gaap Profit Loss
ProfitLoss
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CY2021 us-gaap Profit Loss
ProfitLoss
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CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
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CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
3336000
CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
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CY2023 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
3438000
CY2022 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
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CY2021 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
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CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1578000
CY2023 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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CY2022 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
20794000
CY2021 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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CY2023 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
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CY2022 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
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CY2021 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
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CY2023 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
20103000
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2021 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
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CY2021 us-gaap Dividends Common Stock
DividendsCommonStock
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CY2021 us-gaap Dividends Preferred Stock
DividendsPreferredStock
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CY2021 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
286000
CY2021 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
1142000
CY2021 us-gaap Profit Loss
ProfitLoss
485281000
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2022 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
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CY2022 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
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CY2022 us-gaap Dividends Common Stock
DividendsCommonStock
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CY2022 us-gaap Dividends Preferred Stock
DividendsPreferredStock
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CY2022 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
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CY2022 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
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CY2022 us-gaap Profit Loss
ProfitLoss
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CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2023 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
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CY2023 us-gaap Dividends Common Stock
DividendsCommonStock
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CY2023 us-gaap Dividends Preferred Stock
DividendsPreferredStock
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CY2023 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
231000
CY2023 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
777000
CY2023 us-gaap Profit Loss
ProfitLoss
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CY2023 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2023 us-gaap Profit Loss
ProfitLoss
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CY2022 us-gaap Profit Loss
ProfitLoss
17681000
CY2021 us-gaap Profit Loss
ProfitLoss
485281000
CY2023 us-gaap Depreciation And Amortization
DepreciationAndAmortization
62987000
CY2022 us-gaap Depreciation And Amortization
DepreciationAndAmortization
62495000
CY2021 us-gaap Depreciation And Amortization
DepreciationAndAmortization
57317000
CY2023 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1296000
CY2022 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1218000
CY2021 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1332000
CY2023 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
1069000
CY2022 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
75000
CY2021 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
343000
CY2023 us-gaap Straight Line Rent
StraightLineRent
7704000
CY2022 us-gaap Straight Line Rent
StraightLineRent
9218000
CY2021 us-gaap Straight Line Rent
StraightLineRent
566000
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
4094000
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
3879000
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
2641000
CY2023 us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
0
CY2022 us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
-43549000
CY2021 us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
0
CY2023 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
-134000
CY2022 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
21658000
CY2021 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
476651000
CY2023 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0
CY2022 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
13444000
CY2021 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
897000
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
6033000
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
654000
CY2023 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
884000
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
10000
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
345000
CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
281000
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
2833000
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
451000
CY2023 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-1316000
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-2453000
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
3653000
CY2023 cio Increase Decrease In Tenant Rent Deposits
IncreaseDecreaseInTenantRentDeposits
198000
CY2022 cio Increase Decrease In Tenant Rent Deposits
IncreaseDecreaseInTenantRentDeposits
875000
CY2021 cio Increase Decrease In Tenant Rent Deposits
IncreaseDecreaseInTenantRentDeposits
420000
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
57223000
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
106677000
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
73222000
CY2023 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
32487000
CY2022 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
37485000
CY2021 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
17869000
CY2023 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
0
CY2022 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
0
CY2021 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
632317000
CY2023 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
0
CY2022 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
0
CY2021 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
640995000
CY2023 cio Reduction Of Cash On Disposition Of Real Estate Property
ReductionOfCashOnDispositionOfRealEstateProperty
-4050000
CY2022 cio Reduction Of Cash On Disposition Of Real Estate Property
ReductionOfCashOnDispositionOfRealEstateProperty
0
CY2021 cio Reduction Of Cash On Disposition Of Real Estate Property
ReductionOfCashOnDispositionOfRealEstateProperty
0
CY2023 us-gaap Increase Decrease In Deferred Charges Investing
IncreaseDecreaseInDeferredChargesInvesting
4802000
CY2022 us-gaap Increase Decrease In Deferred Charges Investing
IncreaseDecreaseInDeferredChargesInvesting
9565000
CY2021 us-gaap Increase Decrease In Deferred Charges Investing
IncreaseDecreaseInDeferredChargesInvesting
8190000
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-41339000
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-47050000
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-17381000
CY2023 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
743000
CY2022 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0
CY2021 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
2506000
CY2023 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
35000000
CY2022 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
97500000
CY2021 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
180000000
CY2023 us-gaap Repayments Of Debt
RepaymentsOfDebt
17483000
CY2022 us-gaap Repayments Of Debt
RepaymentsOfDebt
62270000
CY2021 us-gaap Repayments Of Debt
RepaymentsOfDebt
202442000
CY2023 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
31339000
CY2022 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
41365000
CY2021 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
33506000
CY2023 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
50082000
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0
CY2023 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
777000
CY2022 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
1497000
CY2021 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
1142000
CY2023 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1643000
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
87000
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
216000
CY2023 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
231000
CY2022 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
170000
CY2021 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
286000
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-16754000
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-57631000
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-870000
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1996000
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-3685000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
44262000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
42266000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
45951000
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
43392000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
44262000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
42266000
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
30082000
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
28187000
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
21321000
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
13310000
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
16075000
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
20945000
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
43392000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
44262000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
42266000
CY2023 us-gaap Interest Paid Net
InterestPaidNet
30773000
CY2022 us-gaap Interest Paid Net
InterestPaidNet
23064000
CY2021 us-gaap Interest Paid Net
InterestPaidNet
23344000
CY2023 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
6963000
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
13004000
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
5815000
CY2023 cio Payments Of Deferred Leasing Costs Included In Accounts Payable
PaymentsOfDeferredLeasingCostsIncludedInAccountsPayable
1216000
CY2022 cio Payments Of Deferred Leasing Costs Included In Accounts Payable
PaymentsOfDeferredLeasingCostsIncludedInAccountsPayable
1274000
CY2021 cio Payments Of Deferred Leasing Costs Included In Accounts Payable
PaymentsOfDeferredLeasingCostsIncludedInAccountsPayable
2790000
CY2023 dei Entity Incorporation Date Of Incorporation
EntityIncorporationDateOfIncorporation
2013-11-26
CY2023 us-gaap Operations Commenced Date1
OperationsCommencedDate1
2014-04-21
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;">Use of Estimates </div></div></div></div><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"></div><div style="text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company has made a number of significant estimates and assumptions relating to the reporting of assets and liabilities, the disclosure of contingent assets and liabilities and the reported amounts of revenues and expenses to prepare these consolidated financial statements in conformity with GAAP. Significant estimates made include the recoverability of accounts receivable, allocation of property purchase price to tangible and intangible assets acquired and liabilities assumed, the determination and measurement of impairment of long-lived assets and the useful lives of long-lived assets. These estimates and assumptions are based on the Company’s best estimates and judgment. The Company evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment. The current economic environment has increased the degree of uncertainty inherent in these estimates and assumptions. Management adjusts such estimates when facts and circumstances dictate. Actual results could differ materially from those estimates. </div></div></div><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div>
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin-top: 18pt; margin-bottom: 0pt;"><div style="font-weight:bold;display:inline;"><div style="font-style: normal; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;">Concentration of Credit Risk </div></div></div></div><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"></div> <div style="text-indent: 4%; font-family: Times New Roman; font-size: 10pt; margin-top: 6pt; margin-bottom: 0pt;"><div style="letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The Company places its temporary cash investments in high credit financial institutions. However, a portion of temporary cash investments may exceed Federal Deposit Insurance Corporation insured levels from time to time. The Company has never experienced any losses related to these balances. </div></div></div><div style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div>
CY2023 cio Reit Annual Taxable Income Distribution Requirement Percentage
ReitAnnualTaxableIncomeDistributionRequirementPercentage
0.90
CY2022 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
13400000
CY2023Q4 us-gaap Billed Contract Receivables
BilledContractReceivables
5132000
CY2022Q4 us-gaap Billed Contract Receivables
BilledContractReceivables
4675000
CY2023Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
48322000
CY2022Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
39754000
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
53454000
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
44429000
CY2022Q4 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
100000
CY2021Q4 cio Acquisitions Other Than Through Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Land
AcquisitionsOtherThanThroughBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand
72111000
CY2021Q4 cio Acquisitions Other Than Through Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Buildings And Improvements
AcquisitionsOtherThanThroughBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingsAndImprovements
500494000
CY2021Q4 cio Acquisitions Other Than Through Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Tenant Improvements
AcquisitionsOtherThanThroughBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedTenantImprovements
14798000
CY2021Q4 cio Acquisitions Other Than Through Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill
AcquisitionsOtherThanThroughBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill
44409000
CY2021Q4 cio Acquisitions Other Than Through Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Assets
AcquisitionsOtherThanThroughBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherAssets
10952000
CY2021Q4 cio Acquisitions Other Than Through Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Accounts Payable And Other Liabilities
AcquisitionsOtherThanThroughBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAccountsPayableAndOtherLiabilities
3015000
CY2021Q4 cio Acquisitions Other Than Through Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Lease Intangible Liabilities
AcquisitionsOtherThanThroughBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLeaseIntangibleLiabilities
7432000
CY2021Q4 cio Acquisitions Other Than Through Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
AcquisitionsOtherThanThroughBusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
632317000
CY2023 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
672720000
CY2021 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
123132000
CY2023Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
15106000
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
80698000
CY2023Q4 us-gaap Below Market Lease Accumulated Amortization
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7370000
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34698000
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3887000
CY2023Q4 us-gaap Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
48000
CY2022Q4 us-gaap Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
190000
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LongTermDebt
669510000
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
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29563000
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176477000
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LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
104308000
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
0
CY2023Q4 us-gaap Derivative Notional Amount
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255558000
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Net
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-290000
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
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CY2023 us-gaap Operating Lease Lease Income Lease Payments
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OperatingLeaseVariableLeaseIncome
26826000
CY2022 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
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CY2023 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
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OperatingLeaseLeaseIncome
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105597000
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88679000
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
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160944000
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
672429000
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
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P50Y
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P50Y
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
12564000
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
12935000
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
8550000
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
8802000
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
9820000
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
10054000
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
1551000
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
1475000
CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.062
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.062
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
900000
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
1000000
CY2023 cio Financing Lease Cost
FinancingLeaseCost
300000
CY2022 cio Financing Lease Cost
FinancingLeaseCost
300000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
651000
CY2023Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
7000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
770000
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
8000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
724000
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
8000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
587000
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
8000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
587000
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
8000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
25976000
CY2023Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
6930000
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
29295000
CY2023Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
6969000
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
20745000
CY2023Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
5418000
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
8550000
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
1551000
CY2023 us-gaap Profit Loss
ProfitLoss
-2035000
CY2022 us-gaap Profit Loss
ProfitLoss
17681000
CY2021 us-gaap Profit Loss
ProfitLoss
485281000
CY2023 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
647000
CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
691000
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
886000
CY2023 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
7420000
CY2022 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
7420000
CY2021 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
7420000
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-10102000
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
9570000
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
476975000
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39922000
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42052000
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
43498000
CY2023 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2022 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
814000
CY2021 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
647000
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39922000
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42866000
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
44145000
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.25
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.23
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
10.97
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.25
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.22
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
10.8
CY2020Q1 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
100000000
CY2020Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
50000000
CY2023Q2 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
50000000
CY2023 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0
CY2022 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
4006897
CY2022 cio Stock Repurchased During Period Before Commission Value
StockRepurchasedDuringPeriodBeforeCommissionValue
50000000
CY2021 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.2
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.1
CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.1
CY2023Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.1
CY2023 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.5
CY2022Q2 cio Share Based Compensation Arrangement By Share Based Payment Award Maximum Number Of Shares
ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumNumberOfShares
3763580
CY2023 cio Schedule Of Share Based Compensation Arrangement By Share Based Payment Award For Defined Performance
ScheduleOfShareBasedCompensationArrangementByShareBasedPaymentAwardForDefinedPerformance
The payouts under the Performance RSU Awards are evaluated on a sliding scale as follows: TSR below the 30th percentile of the Peer Group would result in a 50% payout; TSR at the 50th percentile of the Peer Group would result in a 100% payout; and TSR at or above the 75th percentile of the Peer Group would result in a 150% payout. Payouts are mathematically interpolated between these stated percentile targets, subject to a 150% maximum.
CY2023 cio Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodGrantDateFairValue
3729000
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
9.03
CY2022 cio Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodGrantDateFairValue
5753000
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
17.54
CY2021 cio Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodGrantDateFairValue
2808000
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
9.7
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P3Y
CY2023 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
4094000
CY2022 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
3879000
CY2021 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
2641000
CY2023Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
4700000
CY2023 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y
CY2023Q4 srt Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
672720000
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
193524000
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
1189420000
CY2023Q4 cio Real Estate Companies Investment In Real Estate And Accumulated Depreciation Cost Capitalized Subsequent To Acquisition Land Buildings And Improvements And Impairments
RealEstateCompaniesInvestmentInRealEstateAndAccumulatedDepreciationCostCapitalizedSubsequentToAcquisitionLandBuildingsAndImprovementsAndImpairments
158759000
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
193524000
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
1348179000
CY2023Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1541703000
CY2023Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
218628000
CY2023Q4 srt Real Estate Federal Income Tax Basis
RealEstateFederalIncomeTaxBasis
1000000000
CY2023Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
3300000
CY2022Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1554591000
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1568653000
CY2020Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1086809000
CY2023 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
0
CY2022 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
0
CY2021 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
587403000
CY2023 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
39333000
CY2022 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
58735000
CY2021 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
121602000
CY2023 us-gaap Real Estate Improvements
RealEstateImprovements
26445000
CY2022 us-gaap Real Estate Improvements
RealEstateImprovements
44673000
CY2021 us-gaap Real Estate Improvements
RealEstateImprovements
16043000
CY2023Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1541703000
CY2022Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1554591000
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1568653000
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
175720000
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
157356000
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
131220000
CY2023 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
47266000
CY2022 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
46654000
CY2021 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
39106000
CY2023 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
4358000
CY2022 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
28290000
CY2021 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
12970000
CY2023Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
218628000
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
175720000
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
157356000

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