$CMCT
Creative Media & Community Trust Corp Stock $cmct

$cmct Overview Financials Valuation SEC Filings Company Website

2023 Q3 Form 10-Q Financial Statement

#000090831123000060 Filed on August 10, 2023

Income Statement

Concept	2023 Q3	2023 Q2	2022 Q2
Revenue	$28.12M	$32.76M	$26.40M
YoY Change	13.14%	24.08%	16.45%
Cost Of Revenue	$17.41M	$19.19M	$14.78M
YoY Change	13.79%	29.85%	20.54%
Gross Profit	$10.71M	$13.57M	$11.62M
YoY Change	12.11%	16.74%	11.63%
Gross Profit Margin	38.09%	41.41%	44.02%
Selling, General & Admin	$2.180M	$1.684M	$1.253M
YoY Change	3.42%	34.4%	9.34%
% of Gross Profit	20.35%	12.41%	10.78%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$16.09M	$20.45M	$5.017M
YoY Change	213.83%	307.65%	-1.14%
% of Gross Profit	150.23%	150.75%	43.17%
Operating Expenses	$18.26M	$22.16M	$6.227M
YoY Change	153.58%	255.81%	0.19%
Operating Profit	-$7.550M	-$8.589M	$5.395M
YoY Change	-421.0%	-259.2%	28.57%
Interest Expense	$9.733M	$8.709M	-$2.143M
YoY Change	343.82%	-506.39%	-180.17%
% of Operating Profit			-39.72%
Other Income/Expense, Net
YoY Change
Pretax Income	-$16.09M	-$18.20M	$3.252M
YoY Change	35662.22%	-659.72%	113.53%
Income Tax	$554.0K	$159.0K	$321.0K
% Of Pretax Income			9.87%
Net Earnings	-$15.77M	-$17.36M	$2.922M
YoY Change	6555.27%	-694.08%	451.32%
Net Earnings / Revenue	-56.1%	-52.99%	11.07%
Basic Earnings Per Share	-$1.01	-$1.05	-$0.10
Diluted Earnings Per Share	-$1.01	-$1.05	$125.1K
COMMON SHARES
Basic Shares Outstanding	22.79M shares	22.74M shares	23.37M shares
Diluted Shares Outstanding	22.74M shares	22.71M shares	23.35M shares

Balance Sheet

Concept	2023 Q3	2023 Q2	2022 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$19.30M	$24.56M	$16.48M
YoY Change	30.46%	49.04%	-72.41%
Cash & Equivalents	$19.26M	$24.56M	$16.48M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables	$2.800M	$4.673M	$3.353M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$22.10M	$29.23M	$19.83M
YoY Change	18.03%	47.4%	-67.76%
LONG-TERM ASSETS
Property, Plant & Equipment	$708.2M	$711.8M	$502.6M
YoY Change	40.57%	41.63%	0.82%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$29.30M	$27.53M	$22.79M
YoY Change	142.15%	20.79%
Other Assets	$54.80M	$56.56M	$47.68M
YoY Change	13.19%	18.61%	3.34%
Total Long-Term Assets	$876.0M	$890.5M	$657.9M
YoY Change	35.41%	35.35%	2.27%
TOTAL ASSETS
Total Short-Term Assets	$22.10M	$29.23M	$19.83M
Total Long-Term Assets	$876.0M	$890.5M	$657.9M
Total Assets	$898.1M	$919.7M	$677.7M
YoY Change	34.92%	35.7%	-3.84%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$34.30M	$31.48M	$19.20M
YoY Change	40.93%	64.01%	40.33%
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	$39.00M	$36.21M	$26.21M
YoY Change	37.7%	38.15%	7.81%
LONG-TERM LIABILITIES
Long-Term Debt	$470.3M	$487.8M	$207.8M
YoY Change	117.29%	134.73%	-20.29%
Other Long-Term Liabilities	$13.40M	$14.36M	$20.58M
YoY Change	-31.68%	-30.2%	60.76%
Total Long-Term Liabilities	$483.7M	$502.2M	$228.4M
YoY Change	104.91%	119.87%	-16.5%
TOTAL LIABILITIES
Total Short-Term Liabilities	$39.00M	$36.21M	$26.21M
Total Long-Term Liabilities	$483.7M	$502.2M	$228.4M
Total Liabilities	$522.8M	$538.4M	$255.0M
YoY Change	97.74%	111.16%	-14.39%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$23.00K	$23.00K
YoY Change	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$372.4M	$377.6M	$422.8M
YoY Change
Total Liabilities & Shareholders Equity	$898.1M	$919.7M	$677.7M
YoY Change	34.92%	35.7%	-3.84%

Cashflow Statement

Concept	2023 Q3	2023 Q2	2022 Q2
OPERATING ACTIVITIES
Net Income	-$15.77M	-$17.36M	$2.922M
YoY Change	6555.27%	-694.08%	451.32%
Depreciation, Depletion And Amortization	$16.09M	$20.45M	$5.017M
YoY Change	213.83%	307.65%	-1.14%
Cash From Operating Activities	$7.340M	$6.654M	$16.65M
YoY Change	144.42%	-60.03%	26.03%
INVESTING ACTIVITIES
Capital Expenditures	$4.440M	$1.639M	-$8.059M
YoY Change	-199.69%	-120.34%	1679.03%
Acquisitions
YoY Change
Other Investing Activities	-$740.0K	$15.02M	$5.392M
YoY Change	-104.47%	178.52%	-758.36%
Cash From Investing Activities	-$5.180M	$13.38M	-$2.667M
YoY Change	-142.77%	-601.65%	111.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-7.290M	-18.52M	-16.92M
YoY Change	-54.45%	9.49%	-229.17%
NET CHANGE
Cash From Operating Activities	7.340M	6.654M	16.65M
Cash From Investing Activities	-5.180M	13.38M	-2.667M
Cash From Financing Activities	-7.290M	-18.52M	-16.92M
Net Change In Cash	-5.130M	1.511M	-2.935M
YoY Change	477.7%	-151.48%	-111.72%
FREE CASH FLOW
Cash From Operating Activities	$7.340M	$6.654M	$16.65M
Capital Expenditures	$4.440M	$1.639M	-$8.059M
Free Cash Flow	$2.900M	$5.015M	$24.71M
YoY Change	-61.11%	-79.7%	80.84%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-1.61
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.22
CY2023Q2	us-gaap	Noncontrolling Interest Increase From Subsidiary Equity Issuance NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance	0	usd
CY2023Q2	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	0	usd
CY2023Q2	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	37000	usd
CY2023Q2	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.085
CY2023Q2	us-gaap	Dividends Common Stock DividendsCommonStock	1933000	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	373549000	usd
CY2022Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	55000	usd
CY2022Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.085
CY2022Q1	us-gaap	Dividends Common Stock DividendsCommonStock	1986000	usd
CY2022Q1	us-gaap	Increase In Carrying Amount Of Redeemable Preferred Stock IncreaseInCarryingAmountOfRedeemablePreferredStock	15000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	2302000	usd
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	377460000	usd
CY2022Q2	us-gaap	Noncontrolling Interest Increase From Subsidiary Equity Issuance NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance	5000	usd
CY2022Q2	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	3000	usd
CY2022Q2	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	37000	usd
CY2022Q2	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	303000	usd
CY2022Q2	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.085
CY2022Q2	us-gaap	Dividends Common Stock DividendsCommonStock	1986000	usd
CY2022Q2	us-gaap	Increase In Carrying Amount Of Redeemable Preferred Stock IncreaseInCarryingAmountOfRedeemablePreferredStock	4000	usd
CY2022Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	387006000	usd
	us-gaap	Profit Loss ProfitLoss	-25937000	usd
	us-gaap	Profit Loss ProfitLoss	5233000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	30056000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	10054000	usd
	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	1104000	usd
	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	0	usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1025000	usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	580000	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	18000	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	13000	usd
	cmct	Unrealized Premium Adjustment UnrealizedPremiumAdjustment	520000	usd
	cmct	Unrealized Premium Adjustment UnrealizedPremiumAdjustment	1095000	usd
	cmct	Amortization And Accretion On Loans Receivable Net AmortizationAndAccretionOnLoansReceivableNet	195000	usd
	cmct	Amortization And Accretion On Loans Receivable Net AmortizationAndAccretionOnLoansReceivableNet	294000	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	-136000	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	39000	usd
	us-gaap	Gain Loss On Derivative Instruments Net Pretax GainLossOnDerivativeInstrumentsNetPretax	275000	usd
	us-gaap	Gain Loss On Derivative Instruments Net Pretax GainLossOnDerivativeInstrumentsNetPretax	0	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	31000	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	47000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	92000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	92000	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-136000	usd
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	380000	usd
	us-gaap	Payments For Origination And Purchases Of Loans Held For Sale PaymentsForOriginationAndPurchasesOfLoansHeldForSale	13359000	usd
	us-gaap	Payments For Origination And Purchases Of Loans Held For Sale PaymentsForOriginationAndPurchasesOfLoansHeldForSale	18426000	usd
	us-gaap	Proceeds From Sale Of Loans Held For Sale ProceedsFromSaleOfLoansHeldForSale	12722000	usd
	us-gaap	Proceeds From Sale Of Loans Held For Sale ProceedsFromSaleOfLoansHeldForSale	23638000	usd
	us-gaap	Proceeds From Collection Of Loans Held For Sale ProceedsFromCollectionOfLoansHeldForSale	708000	usd
	us-gaap	Proceeds From Collection Of Loans Held For Sale ProceedsFromCollectionOfLoansHeldForSale	441000	usd
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	-245000	usd
	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	-839000	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	848000	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-15000	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	4491000	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	1174000	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	13152000	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-180000	usd
	us-gaap	Increase Decrease In Deferred Leasing Fees IncreaseDecreaseInDeferredLeasingFees	435000	usd
	us-gaap	Increase Decrease In Deferred Leasing Fees IncreaseDecreaseInDeferredLeasingFees	748000	usd
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-3585000	usd
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	3610000	usd
	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	1570000	usd
	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	2472000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	9420000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	25288000	usd
	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	6455000	usd
	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	4601000	usd
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	96731000	usd
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	8115000	usd
	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	30613000	usd
	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	0	usd
	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	6680000	usd
	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	22408000	usd
	us-gaap	Payments To Acquire Loans Held For Investment PaymentsToAcquireLoansHeldForInvestment	4769000	usd
	us-gaap	Payments To Acquire Loans Held For Investment PaymentsToAcquireLoansHeldForInvestment	12256000	usd
	us-gaap	Proceeds From Principal Repayments On Loans And Leases Held For Investment ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment	6333000	usd
	us-gaap	Proceeds From Principal Repayments On Loans And Leases Held For Investment ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment	11634000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-77689000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-35746000	usd
	us-gaap	Repayments Of Other Long Term Debt RepaymentsOfOtherLongTermDebt	151162000	usd
	us-gaap	Repayments Of Other Long Term Debt RepaymentsOfOtherLongTermDebt	33481000	usd
	us-gaap	Proceeds From Issuance Of Other Long Term Debt ProceedsFromIssuanceOfOtherLongTermDebt	222415000	usd
	us-gaap	Proceeds From Issuance Of Other Long Term Debt ProceedsFromIssuanceOfOtherLongTermDebt	40000000	usd
	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	54141000	usd
	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	0	usd
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	708000	usd
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	441000	usd
	cmct	Payments Of Deferred Stock Issuance Costs PaymentsOfDeferredStockIssuanceCosts	501000	usd
	cmct	Payments Of Deferred Stock Issuance Costs PaymentsOfDeferredStockIssuanceCosts	408000	usd
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	3167000	usd
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	0	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	3866000	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	3739000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	303000	usd
	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	51024000	usd
	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	20246000	usd
	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	15713000	usd
	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	14038000	usd
	us-gaap	Payments For Repurchase Of Redeemable Preferred Stock PaymentsForRepurchaseOfRedeemablePreferredStock	93330000	usd
	us-gaap	Payments For Repurchase Of Redeemable Preferred Stock PaymentsForRepurchaseOfRedeemablePreferredStock	3343000	usd
	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	0	usd
	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	3000	usd
	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	0	usd
	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	5000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	59133000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	4495000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-9136000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-5963000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	57480000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	33651000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	48344000	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	27688000	usd
CY2023Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	24561000	usd
CY2022Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	16480000	usd
CY2023Q2	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	23783000	usd
CY2022Q2	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	11208000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	48344000	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	27688000	usd
	us-gaap	Interest Paid Net InterestPaidNet	13032000	usd
	us-gaap	Interest Paid Net InterestPaidNet	3789000	usd
	us-gaap	Income Taxes Paid IncomeTaxesPaid	500000	usd
	us-gaap	Income Taxes Paid IncomeTaxesPaid	555000	usd
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	3813000	usd
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	2477000	usd
	cmct	Proceeds From The Sale Of Real Estate Committed But Not Yet Paid ProceedsFromTheSaleOfRealEstateCommittedButNotYetPaid	3787000	usd
	cmct	Proceeds From The Sale Of Real Estate Committed But Not Yet Paid ProceedsFromTheSaleOfRealEstateCommittedButNotYetPaid	0	usd
	cmct	Other Amounts Due From Unconsolidated Joint Venture Partners Included In Other Assets OtherAmountsDueFromUnconsolidatedJointVenturePartnersIncludedInOtherAssets	1445000	usd
	cmct	Other Amounts Due From Unconsolidated Joint Venture Partners Included In Other Assets OtherAmountsDueFromUnconsolidatedJointVenturePartnersIncludedInOtherAssets	0	usd
	cmct	Non Cash Contributions To Unconsolidated Joint Venture NonCashContributionsToUnconsolidatedJointVenture	8600000	usd
	cmct	Non Cash Contributions To Unconsolidated Joint Venture NonCashContributionsToUnconsolidatedJointVenture	0	usd
	cmct	Stock Offering Costs Not Yet Paid StockOfferingCostsNotYetPaid	134000	usd
	cmct	Stock Offering Costs Not Yet Paid StockOfferingCostsNotYetPaid	392000	usd
CY2023Q2	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	1933000	usd
CY2022Q2	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	0	usd
	cmct	Accrual Of Dividends Payable To Preferred Stockholders AccrualOfDividendsPayableToPreferredStockholders	2088000	usd
	cmct	Accrual Of Dividends Payable To Preferred Stockholders AccrualOfDividendsPayableToPreferredStockholders	3984000	usd
	cmct	Offering Costs Offset Against Redeemable Preferred Stock Temporary Equity OfferingCostsOffsetAgainstRedeemablePreferredStockTemporaryEquity	842000	usd
	cmct	Offering Costs Offset Against Redeemable Preferred Stock Temporary Equity OfferingCostsOffsetAgainstRedeemablePreferredStockTemporaryEquity	296000	usd
	us-gaap	Reclassifications Of Temporary To Permanent Equity ReclassificationsOfTemporaryToPermanentEquity	15616000	usd
	us-gaap	Reclassifications Of Temporary To Permanent Equity ReclassificationsOfTemporaryToPermanentEquity	17335000	usd
	cmct	Reclassifications Of Temporary Equity To Liabilities ReclassificationsOfTemporaryEquityToLiabilities	328000	usd
	cmct	Reclassifications Of Temporary Equity To Liabilities ReclassificationsOfTemporaryEquityToLiabilities	0	usd
	us-gaap	Notes Assumed1 NotesAssumed1	181318000	usd
	us-gaap	Notes Assumed1 NotesAssumed1	0	usd
	us-gaap	Redeemable Preferred Stock Dividends RedeemablePreferredStockDividends	0	usd
	us-gaap	Redeemable Preferred Stock Dividends RedeemablePreferredStockDividends	19000	usd
	cmct	Redeemable Preferred Stock Fees Incurred But Not Yet Paid RedeemablePreferredStockFeesIncurredButNotYetPaid	369000	usd
	cmct	Redeemable Preferred Stock Fees Incurred But Not Yet Paid RedeemablePreferredStockFeesIncurredButNotYetPaid	563000	usd
	cmct	Noncash Financing And Investing Activities Adjustment To Noncontrolling Interests NoncashFinancingAndInvestingActivitiesAdjustmentToNoncontrollingInterests	5002000	usd
	cmct	Noncash Financing And Investing Activities Adjustment To Noncontrolling Interests NoncashFinancingAndInvestingActivitiesAdjustmentToNoncontrollingInterests	0	usd
	us-gaap	Nature Of Operations NatureOfOperations	<div style="margin-bottom:8pt;margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">1. ORGANIZATION AND OPERATIONS</span></div><div style="margin-top:9pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Creative Media & Community Trust Corporation (formerly known as CIM Commercial Trust Corporation) (the “Company”), is a Maryland corporation and real estate investment trust (“REIT”). The Company primarily acquires, develops, owns and operates both premier multifamily properties situated in vibrant communities throughout the United States and Class A and creative office real assets in markets with similar business and employment characteristics to its multifamily investments.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:400;line-height:120%"> </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company also owns one hotel in northern California and a lending platform that originates loans under the Small Business Administration (“SBA”) 7(a) loan program. The Company seeks to apply the expertise of CIM Group, L.P. (“CIM Group”) to the acquisition, development and operation of premier multifamily properties and creative office assets that cater to rapidly growing industries such as technology, media and entertainment in vibrant and emerging communities throughout the United States.</span></div><div style="margin-bottom:8pt;margin-top:9pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company’s common stock, $0.001 par value per share (“Common Stock”), is currently traded on the Nasdaq Global Market (“Nasdaq”) under the ticker symbol “CMCT”, and on the Tel Aviv Stock Exchange (the “TASE”) under the ticker symbol “CMCT.” The Company has authorized for issuance 900,000,000 shares of common stock and 100,000,000 shares of preferred stock (“Preferred Stock”). </span></div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Since </span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">June 2022, the Company has</span> been conducting a continuous public offering with respect to shares of its Series A1 Preferred Stock, par value $0.001 per share with an initial stated value of $25.00 per share, subject to adjustment (Note 11).
CY2023Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2023Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	900000000	shares
CY2023Q2	cmct	Preferred Stock Including Temporary Equity Shares Authorized PreferredStockIncludingTemporaryEquitySharesAuthorized	100000000	shares
	us-gaap	Fiscal Period FiscalPeriod	<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Interim Financial Information</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">—The accompanying interim consolidated financial statements of the Company have been prepared by the Company’s management in accordance with accounting principles generally accepted in the United States of America (“GAAP”). Certain information and note disclosures required for annual financial statements have been condensed or excluded pursuant to SEC rules and regulations. Accordingly, the interim consolidated financial statements do not include all of the information and notes required by GAAP for complete financial statements. The accompanying financial information reflects all adjustments which are, in the opinion of the Company’s management, of a normal recurring nature and necessary for a fair presentation of the Company’s financial position, results of operations and cash flows for the interim periods. Operating results for the three and six months ended June 30, 2023 are not necessarily indicative of the results that may be expected for the year ending December 31, 2023. The accompanying interim consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements and the notes thereto, included in the 2022 Form 10-K.</span>
	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	5266000	usd
CY2023Q2	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	usd
	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	usd
CY2022Q2	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	usd
	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	usd
CY2023Q2	us-gaap	Incentive To Lessee IncentiveToLessee	3900000	usd
CY2022Q4	us-gaap	Incentive To Lessee IncentiveToLessee	3900000	usd
CY2023Q2	cmct	Incentive To Lessee Accumulated Amortization IncentiveToLesseeAccumulatedAmortization	3100000	usd
CY2022Q4	cmct	Incentive To Lessee Accumulated Amortization IncentiveToLesseeAccumulatedAmortization	3000000	usd
CY2023Q2	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	15198000	usd
CY2022Q2	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	11561000	usd
	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	27672000	usd
	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	23184000	usd
CY2023Q2	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	2854000	usd
CY2022Q2	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	2633000	usd
	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	5106000	usd
CY2023Q2	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	18052000	usd
CY2022Q2	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	14194000	usd
	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	32938000	usd
	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	28290000	usd
CY2023Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	663000	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	387000	usd
	cmct	Tenant Reimbursements Excluding Lease Agreements TenantReimbursementsExcludingLeaseAgreements	0	usd
CY2023Q2	cmct	Tenant Reimbursements Excluding Lease Agreements TenantReimbursementsExcludingLeaseAgreements	0	usd
CY2022Q2	cmct	Tenant Reimbursements Excluding Lease Agreements TenantReimbursementsExcludingLeaseAgreements	0	usd
	cmct	Tenant Reimbursements Excluding Lease Agreements TenantReimbursementsExcludingLeaseAgreements	0	usd
CY2023Q2	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	0	usd
CY2023Q2	us-gaap	Financing Receivable Unamortized Purchase Premium Discount FinancingReceivableUnamortizedPurchasePremiumDiscount	-8700000	usd
CY2022Q4	us-gaap	Financing Receivable Unamortized Purchase Premium Discount FinancingReceivableUnamortizedPurchasePremiumDiscount	-9000000	usd
	cmct	Loan And Leases Receivable Nonaccrual Loan And Lease Status Past Due Period LoanAndLeasesReceivableNonaccrualLoanAndLeaseStatusPastDuePeriod	P60D
CY2022Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	1100000	usd
CY2023Q2	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	1700000	usd
CY2023Q2	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	17807000	usd
CY2022Q4	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	20949000	usd
CY2023Q2	us-gaap	Deferred Costs Leasing Accumulated Amortization DeferredCostsLeasingAccumulatedAmortization	9794000	usd
CY2022Q4	us-gaap	Deferred Costs Leasing Accumulated Amortization DeferredCostsLeasingAccumulatedAmortization	9637000	usd
CY2023Q2	us-gaap	Deferred Costs Leasing Net DeferredCostsLeasingNet	7293000	usd
CY2022Q4	us-gaap	Deferred Costs Leasing Net DeferredCostsLeasingNet	8319000	usd
CY2023Q2	us-gaap	Deferred Offering Costs DeferredOfferingCosts	5389000	usd
CY2022Q4	us-gaap	Deferred Offering Costs DeferredOfferingCosts	5664000	usd
CY2023Q2	us-gaap	Accumulated Amortization Deferred Finance Costs AccumulatedAmortizationDeferredFinanceCosts	395000	usd
CY2022Q4	us-gaap	Accumulated Amortization Deferred Finance Costs AccumulatedAmortizationDeferredFinanceCosts	30000	usd
CY2023Q2	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	1793000	usd
CY2022Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	2120000	usd
CY2023Q2	us-gaap	Other Deferred Costs Net OtherDeferredCostsNet	491000	usd
CY2022Q4	us-gaap	Other Deferred Costs Net OtherDeferredCostsNet	491000	usd
CY2023Q2	cmct	Deferred Rent Receivable And Charges Net DeferredRentReceivableAndChargesNet	32773000	usd
CY2022Q4	cmct	Deferred Rent Receivable And Charges Net DeferredRentReceivableAndChargesNet	37543000	usd
	us-gaap	Use Of Estimates UseOfEstimates	<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">—The preparation of consolidated financial statements in conformity with GAAP requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. The Company bases such estimates on historical experience, information available at the time, and assumptions the Company believes to be reasonable under the circumstances at such time. Actual results could differ from those estimates.</span>
CY2023Q2	us-gaap	Land Land	175709000	usd
CY2022Q4	us-gaap	Land Land	151727000	usd
CY2023Q2	us-gaap	Land Improvements LandImprovements	5887000	usd
CY2022Q4	us-gaap	Land Improvements LandImprovements	1837000	usd
CY2023Q2	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	632866000	usd
CY2022Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	455275000	usd
CY2023Q2	us-gaap	Fixtures And Equipment Gross FixturesAndEquipmentGross	12531000	usd
CY2022Q4	us-gaap	Fixtures And Equipment Gross FixturesAndEquipmentGross	4339000	usd
CY2023Q2	us-gaap	Tenant Improvements TenantImprovements	30322000	usd
CY2022Q4	us-gaap	Tenant Improvements TenantImprovements	34372000	usd
CY2023Q2	us-gaap	Development In Process DevelopmentInProcess	14464000	usd
CY2022Q4	us-gaap	Development In Process DevelopmentInProcess	12863000	usd
CY2023Q2	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	871779000	usd
CY2022Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	660413000	usd
CY2023Q2	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	159931000	usd
CY2022Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	158407000	usd
CY2023Q2	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	711848000	usd
CY2022Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	502006000	usd
CY2023Q2	us-gaap	Cost Of Goods And Services Sold Depreciation CostOfGoodsAndServicesSoldDepreciation	5900000	usd
CY2022Q2	us-gaap	Cost Of Goods And Services Sold Depreciation CostOfGoodsAndServicesSoldDepreciation	4200000	usd
	us-gaap	Cost Of Goods And Services Sold Depreciation CostOfGoodsAndServicesSoldDepreciation	10700000	usd
	us-gaap	Cost Of Goods And Services Sold Depreciation CostOfGoodsAndServicesSoldDepreciation	8400000	usd
	cmct	Percentage Of Ownership Acquired PercentageOfOwnershipAcquired	1
	cmct	Number Of Properties Sold NumberOfPropertiesSold	0	property
CY2023Q2	cmct	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Below Market Leases BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBelowMarketLeases	223000	usd
CY2022Q2	cmct	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Below Market Leases BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBelowMarketLeases	0	usd
CY2023Q2	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets	283051000	usd
CY2022Q2	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets	8115000	usd
	cmct	Acquired Finite Lived Intangible Liabilities Useful Life AcquiredFiniteLivedIntangibleLiabilitiesUsefulLife	P5M
CY2023Q2	us-gaap	Equity Method Investments Fair Value Disclosure EquityMethodInvestmentsFairValueDisclosure	27525000	usd
CY2022Q4	us-gaap	Equity Method Investments Fair Value Disclosure EquityMethodInvestmentsFairValueDisclosure	12381000	usd
CY2022Q2	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	260000	usd
CY2023Q2	us-gaap	Notes Receivable Gross NotesReceivableGross	60971000	usd
CY2022Q4	us-gaap	Notes Receivable Gross NotesReceivableGross	62360000	usd
CY2023Q2	cmct	Financing Receivables Deferred Capitalized Costs Net FinancingReceivablesDeferredCapitalizedCostsNet	1193000	usd
CY2022Q4	cmct	Financing Receivables Deferred Capitalized Costs Net FinancingReceivablesDeferredCapitalizedCostsNet	1293000	usd
CY2023Q2	us-gaap	Notes Receivable Net NotesReceivableNet	60451000	usd
CY2022Q4	us-gaap	Notes Receivable Net NotesReceivableNet	62547000	usd
CY2022Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	1106000	usd
CY2023Q1	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	51000	usd
CY2023Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	1940000	usd
CY2023Q2	us-gaap	Financing Receivable Allowance For Credit Losses Write Offs FinancingReceivableAllowanceForCreditLossesWriteOffs	85000	usd
CY2023Q2	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	-142000	usd
CY2023Q2	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	1713000	usd
CY2023Q2	us-gaap	Financing Receivable Allowance For Credit Losses Period Increase Decrease FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease	-142000	usd
	us-gaap	Financing Receivable Allowance For Credit Losses Period Increase Decrease FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease	-91000	usd
	us-gaap	Financing Receivable Allowance For Credit Losses Write Offs FinancingReceivableAllowanceForCreditLossesWriteOffs	85000	usd
CY2023Q2	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	1700000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	13552000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	4461000	usd
CY2023Q2	us-gaap	Below Market Lease Accumulated Amortization BelowMarketLeaseAccumulatedAmortization	173000	usd
CY2022Q4	us-gaap	Below Market Lease Accumulated Amortization BelowMarketLeaseAccumulatedAmortization	22000	usd
	cmct	Acquired Finite Lived Intangible Liabilities Weighted Average Useful Life AcquiredFiniteLivedIntangibleLiabilitiesWeightedAverageUsefulLife	P1Y
CY2022	cmct	Acquired Finite Lived Intangible Liabilities Weighted Average Useful Life AcquiredFiniteLivedIntangibleLiabilitiesWeightedAverageUsefulLife	P1Y
CY2023Q2	us-gaap	Amortization Of Below Market Lease AmortizationOfBelowMarketLease	141000	usd
CY2022Q2	us-gaap	Amortization Of Below Market Lease AmortizationOfBelowMarketLease	60000	usd
	us-gaap	Amortization Of Below Market Lease AmortizationOfBelowMarketLease	150000	usd
	us-gaap	Amortization Of Below Market Lease AmortizationOfBelowMarketLease	129000	usd
CY2022Q4	us-gaap	Long Term Debt LongTermDebt	184267000	usd
	us-gaap	Proceeds From Debt Net Of Issuance Costs ProceedsFromDebtNetOfIssuanceCosts	454707000	usd
	us-gaap	Repayments Of Debt RepaymentsOfDebt	151870000	usd
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	698000	usd
CY2023Q2	us-gaap	Long Term Debt LongTermDebt	487802000	usd
CY2023Q2	cmct	Line Of Credit Facility Accrued Interest And Unused Commitment Fee Payable LineOfCreditFacilityAccruedInterestAndUnusedCommitmentFeePayable	1700000	usd
CY2022Q4	cmct	Line Of Credit Facility Accrued Interest And Unused Commitment Fee Payable LineOfCreditFacilityAccruedInterestAndUnusedCommitmentFeePayable	562000	usd
CY2023Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	4054000	usd
CY2023Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	87564000	usd
CY2023Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	243272000	usd
CY2023Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	104443000	usd
CY2023Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	6755000	usd
CY2023Q2	cmct	Long Term Debt Maturity After Year Four LongTermDebtMaturityAfterYearFour	46295000	usd
CY2023Q2	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	492383000	usd
	cmct	Number Of Mortgage Loans Assumed NumberOfMortgageLoansAssumed	2	mortgage_loan
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-23815000	usd
CY2022Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-2349000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-36530000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-5160000	usd
CY2023Q2	cmct	Dilutive Securities Effect On Basic Earnings Per Share Redeemable Preferred Stock Dividends DilutiveSecuritiesEffectOnBasicEarningsPerShareRedeemablePreferredStockDividends	0	usd
CY2022Q2	cmct	Dilutive Securities Effect On Basic Earnings Per Share Redeemable Preferred Stock Dividends DilutiveSecuritiesEffectOnBasicEarningsPerShareRedeemablePreferredStockDividends	0	usd
	cmct	Dilutive Securities Effect On Basic Earnings Per Share Redeemable Preferred Stock Dividends DilutiveSecuritiesEffectOnBasicEarningsPerShareRedeemablePreferredStockDividends	0	usd
	cmct	Dilutive Securities Effect On Basic Earnings Per Share Redeemable Preferred Stock Dividends DilutiveSecuritiesEffectOnBasicEarningsPerShareRedeemablePreferredStockDividends	0	usd
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-23815000	usd
CY2022Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-2349000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-36530000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-5160000	usd
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	22707000	shares
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	23353000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	22707000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	23351000	shares
CY2023Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
CY2022Q2	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	22707000	shares
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	23353000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	22707000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	23351000	shares
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-1.05
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.10
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-1.61
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.22
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-1.05
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.10
	cmct	Preferred Stock And Warrants Offering Costs Non Issuance Specific Costs PreferredStockAndWarrantsOfferingCostsNonIssuanceSpecificCosts	10000000	usd
CY2020Q1	us-gaap	Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight	0.25	shares
	cmct	Preferred Stock And Warrants Offering Costs Non Issuance Specific Costs PreferredStockAndWarrantsOfferingCostsNonIssuanceSpecificCosts	10000000	usd
	us-gaap	Reclassifications Of Temporary To Permanent Equity ReclassificationsOfTemporaryToPermanentEquity	199600000	usd
	cmct	Preferred Stock And Warrants Offering Costs Non Issuance Specific Costs PreferredStockAndWarrantsOfferingCostsNonIssuanceSpecificCosts	10000000	usd
CY2020Q1	us-gaap	Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight	0.25	shares
CY2022Q2	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	10000000	usd
	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	0	shares
CY2023Q2	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	0	shares
	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	662462	shares
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	4700000	usd
CY2022Q1	us-gaap	Incentive Fee Expense IncentiveFeeExpense	0	usd
CY2023Q2	cmct	Outstanding Loan Commitments And Approvals To Fund Loans OutstandingLoanCommitmentsAndApprovalsToFundLoans	7800000	usd
CY2023Q2	cmct	Tenant Improvements Obligations TenantImprovementsObligations	6500000	usd
CY2023Q2	us-gaap	Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear	31246000	usd
CY2023Q2	us-gaap	Lessor Operating Lease Payments To Be Received Next Twelve Months LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths	49236000	usd
CY2023Q2	us-gaap	Lessor Operating Lease Payments To Be Received Two Years LessorOperatingLeasePaymentsToBeReceivedTwoYears	30060000	usd
CY2023Q2	us-gaap	Lessor Operating Lease Payments To Be Received Three Years LessorOperatingLeasePaymentsToBeReceivedThreeYears	21776000	usd
CY2023Q2	us-gaap	Lessor Operating Lease Payments To Be Received Four Years LessorOperatingLeasePaymentsToBeReceivedFourYears	14294000	usd
CY2023Q2	cmct	Lessor Operating Lease Payment To Be Received After Year Four LessorOperatingLeasePaymentToBeReceivedAfterYearFour	47803000	usd
CY2023Q2	us-gaap	Lessor Operating Lease Payments To Be Received LessorOperatingLeasePaymentsToBeReceived	194415000	usd
	cmct	Number Of Types Of Commercial Real Estate Properties NumberOfTypesOfCommercialRealEstateProperties	3	property
CY2023Q2	cmct	Number Of Types Of Commercial Real Estate Properties NumberOfTypesOfCommercialRealEstateProperties	3	property
	cmct	Number Of Types Of Commercial Real Estate Properties NumberOfTypesOfCommercialRealEstateProperties	2	property
CY2022Q2	cmct	Number Of Types Of Commercial Real Estate Properties NumberOfTypesOfCommercialRealEstateProperties	2	property
	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	1104000	usd
	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	0	usd
CY2023Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-18202000	usd
CY2022Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	3252000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-25522000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	5861000	usd
CY2023Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	159000	usd
CY2022Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	321000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	415000	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	628000	usd
CY2023Q2	us-gaap	Profit Loss ProfitLoss	-18361000	usd
CY2022Q2	us-gaap	Profit Loss ProfitLoss	2931000	usd
	us-gaap	Profit Loss ProfitLoss	-25937000	usd
	us-gaap	Profit Loss ProfitLoss	5233000	usd
CY2023Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-1002000	usd
CY2022Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	9000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-1627000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	14000	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-17359000	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	2922000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-24310000	usd
	us-gaap	Net Income Loss NetIncomeLoss	5219000	usd
CY2023Q2	us-gaap	Assets Assets	919695000	usd
CY2022Q4	us-gaap	Assets Assets	690248000	usd
	cmct	Capital Expenditures CapitalExpenditures	11070000	usd
	cmct	Capital Expenditures CapitalExpenditures	5267000	usd
	cmct	Disposal Group Including Discontinued Operation New Mortgage Loans DisposalGroupIncludingDiscontinuedOperationNewMortgageLoans	18128000	usd
	cmct	Disposal Group Including Discontinued Operation New Mortgage Loans DisposalGroupIncludingDiscontinuedOperationNewMortgageLoans	30682000	usd
	cmct	Capital Expenditures And Disposal Group Originations Cost CapitalExpendituresAndDisposalGroupOriginationsCost	29198000	usd
	cmct	Capital Expenditures And Disposal Group Originations Cost CapitalExpendituresAndDisposalGroupOriginationsCost	35949000	usd
CY2023Q2	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2023Q2	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2023Q2	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2023Q2	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false

Files In Submission

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cmct-20230630.htm	Edgar Link	pending
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exhibit311q22023.htm	Edgar Link	pending
exhibit312q22023.htm	Edgar Link	pending
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FilingSummary.xml	Edgar Link	unprocessable

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$CMCT
Creative Media & Community Trust Corp Stock $cmct

2023 Q3 Form 10-Q Financial Statement

#000090831123000060 Filed on August 10, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CMCT Creative Media & Community Trust Corp Stock $cmct

2023 Q3 Form 10-Q Financial Statement

#000090831123000060 Filed on August 10, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CMCT
Creative Media & Community Trust Corp Stock $cmct