$CMCT
Creative Media & Community Trust Corp Stock $cmct

$cmct Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000090831124000019 Filed on May 15, 2024

Income Statement

Concept	2024 Q2	2024 Q1
Revenue	$34.44M	$34.00M
YoY Change	5.13%	17.59%
Cost Of Revenue	$18.91M	$19.54M
YoY Change	-1.5%	14.41%
Gross Profit	$15.53M	$14.46M
YoY Change	14.49%	22.18%
Gross Profit Margin	45.1%	42.52%
Selling, General & Admin	$1.538M	$2.309M
YoY Change	-8.67%	-56.31%
% of Gross Profit	9.9%	15.97%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$6.544M	$6.567M
YoY Change	-68.0%	-31.62%
% of Gross Profit	42.13%	45.43%
Operating Expenses	$7.994M	$8.787M
YoY Change	-63.92%	-40.58%
Operating Profit	$7.539M	$5.668M
YoY Change	-187.78%	-291.75%
Interest Expense	$9.226M	$8.977M
YoY Change	5.94%	43.95%
% of Operating Profit	122.38%	158.38%
Other Income/Expense, Net
YoY Change
Pretax Income	-$564.0K	-$3.635M
YoY Change	-96.9%	-50.34%
Income Tax	$288.0K	$270.0K
% Of Pretax Income
Net Earnings	-$796.0K	-$3.730M
YoY Change	-95.41%	-46.34%
Net Earnings / Revenue	-2.31%	-10.97%
Basic Earnings Per Share	-$0.43	-$0.54
Diluted Earnings Per Share	-$0.43	-$0.54
COMMON SHARES
Basic Shares Outstanding	22.79M shares	22.79M shares
Diluted Shares Outstanding	22.74M shares	22.74M shares

Balance Sheet

Concept	2024 Q2	2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$29.32M	$21.31M
YoY Change	19.39%	-5.26%
Cash & Equivalents	$29.32M	$21.31M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables	$5.731M	$6.030M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$35.05M	$27.34M
YoY Change	19.91%	-10.29%
LONG-TERM ASSETS
Property, Plant & Equipment	$699.3M	$700.6M
YoY Change	-1.76%	-2.13%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$34.50M	$33.71M
YoY Change	25.35%	18.8%
Other Assets	$49.52M	$52.13M
YoY Change	-12.45%	-10.49%
Total Long-Term Assets	$856.2M	$860.2M
YoY Change	-3.85%	-7.22%
TOTAL ASSETS
Total Short-Term Assets	$35.05M	$27.34M
Total Long-Term Assets	$856.2M	$860.2M
Total Assets	$891.2M	$887.5M
YoY Change	-3.1%	-7.32%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$26.82M	$25.64M
YoY Change	-14.82%	-18.46%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$32.72M	$28.97M
YoY Change	-9.63%	-17.98%
LONG-TERM LIABILITIES
Long-Term Debt	$485.1M	$472.8M
YoY Change	-0.55%	-9.21%
Other Long-Term Liabilities	$11.94M	$13.64M
YoY Change	-16.9%	-14.6%
Total Long-Term Liabilities	$497.1M	$486.5M
YoY Change	-1.02%	-9.37%
TOTAL LIABILITIES
Total Short-Term Liabilities	$32.72M	$28.97M
Total Long-Term Liabilities	$497.1M	$486.5M
Total Liabilities	$529.8M	$515.4M
YoY Change	-1.6%	-9.9%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$23.00K	$23.00K
YoY Change	0.0%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$351.1M	$369.9M
YoY Change
Total Liabilities & Shareholders Equity	$891.2M	$887.5M
YoY Change	-3.1%	-7.32%

Cashflow Statement

Concept	2024 Q2	2024 Q1
OPERATING ACTIVITIES
Net Income	-$796.0K	-$3.730M
YoY Change	-95.41%	-46.34%
Depreciation, Depletion And Amortization	$6.544M	$6.567M
YoY Change	-68.0%	-31.62%
Cash From Operating Activities	$3.924M	$1.616M
YoY Change	-41.03%	-41.58%
INVESTING ACTIVITIES
Capital Expenditures	$2.092M	$1.690M
YoY Change	27.64%	-98.34%
Acquisitions
YoY Change
Other Investing Activities	$1.097M	$1.297M
YoY Change	-92.7%	-87.62%
Cash From Investing Activities	-$995.0K	-$393.0K
YoY Change	-107.44%	-99.57%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	2.269M	$191.0K
YoY Change	-112.25%	-99.75%
NET CHANGE
Cash From Operating Activities	3.924M	$1.616M
Cash From Investing Activities	-995.0K	-$393.0K
Cash From Financing Activities	2.269M	$191.0K
Net Change In Cash	5.198M	$1.414M
YoY Change	244.01%	-113.28%
FREE CASH FLOW
Cash From Operating Activities	$3.924M	$1.616M
Capital Expenditures	$2.092M	$1.690M
Free Cash Flow	$1.832M	-$74.00K
YoY Change	-63.47%	-99.93%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q1	us-gaap	Revenue From Contract With Customer Product And Service Extensible List RevenueFromContractWithCustomerProductAndServiceExtensibleList	http://fasb.org/srt/2023#HotelMember
CY2024Q1	us-gaap	Revenue From Contract With Customer Product And Service Extensible List RevenueFromContractWithCustomerProductAndServiceExtensibleList	http://fasb.org/srt/2023#HotelMember
CY2022	us-gaap	Accounting Standards Update Extensible List AccountingStandardsUpdateExtensibleList	http://fasb.org/us-gaap/2023#AccountingStandardsUpdate201613Member
CY2024Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2024Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	900000000	shares
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	900000000	shares
CY2024Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	22786741	shares
CY2024Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	22786741	shares
CY2024Q1	us-gaap	Common Stock Value CommonStockValue	23000	usd
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	23000	usd
CY2024Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	851234000	usd
CY2023Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	852476000	usd
CY2024Q1	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	936151000	usd
CY2023Q4	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	921925000	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	369888000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	374403000	usd
CY2024Q1	us-gaap	Minority Interest MinorityInterest	2191000	usd
CY2023Q4	us-gaap	Minority Interest MinorityInterest	2366000	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	372079000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	376769000	usd
CY2024Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	887503000	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	891200000	usd
CY2024Q1	cmct	Operating Lease And Other Property Revenue OperatingLeaseAndOtherPropertyRevenue	18773000	usd
CY2023Q1	cmct	Operating Lease And Other Property Revenue OperatingLeaseAndOtherPropertyRevenue	14886000	usd
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	11264000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	10923000	usd
CY2024Q1	cmct	Interest And Other Operating Income InterestAndOtherOperatingIncome	3961000	usd
CY2023Q1	cmct	Interest And Other Operating Income InterestAndOtherOperatingIncome	3103000	usd
CY2024Q1	us-gaap	Revenues Revenues	33998000	usd
CY2023Q1	us-gaap	Revenues Revenues	28912000	usd
CY2024Q1	us-gaap	Direct Costs Of Leased And Rented Property Or Equipment DirectCostsOfLeasedAndRentedPropertyOrEquipment	17981000	usd
CY2023Q1	us-gaap	Direct Costs Of Leased And Rented Property Or Equipment DirectCostsOfLeasedAndRentedPropertyOrEquipment	15225000	usd
CY2024Q1	cmct	Related Party Asset Management Fees And Other Fees RelatedPartyAssetManagementFeesAndOtherFees	394000	usd
CY2023Q1	cmct	Related Party Asset Management Fees And Other Fees RelatedPartyAssetManagementFeesAndOtherFees	720000	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	8977000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	6236000	usd
CY2024Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1619000	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1925000	usd
CY2024Q1	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	690000	usd
CY2023Q1	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	3360000	usd
CY2024Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	6478000	usd
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	9502000	usd
CY2024Q1	us-gaap	Costs And Expenses CostsAndExpenses	37307000	usd
CY2023Q1	us-gaap	Costs And Expenses CostsAndExpenses	38104000	usd
CY2024Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-326000	usd
CY2023Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	768000	usd
CY2024Q1	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	0	usd
CY2023Q1	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	1104000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-3635000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-7320000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	270000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	256000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	-3905000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-7576000	usd
CY2024Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-175000	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-625000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-3730000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-6951000	usd
CY2024Q1	cmct	Redeemable Preferred Stock Dividends Declared And Accumulated RedeemablePreferredStockDividendsDeclaredAndAccumulated	7759000	usd
CY2023Q1	cmct	Redeemable Preferred Stock Dividends Declared And Accumulated RedeemablePreferredStockDividendsDeclaredAndAccumulated	5391000	usd
CY2024Q1	us-gaap	Preferred Stock Redemption Premium PreferredStockRedemptionPremium	806000	usd
CY2023Q1	us-gaap	Preferred Stock Redemption Premium PreferredStockRedemptionPremium	373000	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-12295000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-12715000	usd
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.54
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.56
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.54
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.56
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	22738000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	22707000	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	22738000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	22707000	shares
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	376769000	usd
CY2024Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	55000	usd
CY2024Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.085
CY2024Q1	us-gaap	Dividends Common Stock DividendsCommonStock	1937000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	-3905000	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	372079000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	362033000	usd
CY2023Q1	us-gaap	Noncontrolling Interest Increase From Subsidiary Equity Issuance NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance	5002000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	55000	usd
CY2023Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.085
CY2023Q1	us-gaap	Dividends Common Stock DividendsCommonStock	1933000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-7576000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	378682000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	-3905000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-7576000	usd
CY2024Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	6567000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	9604000	usd
CY2024Q1	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	0	usd
CY2023Q1	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	1104000	usd
CY2024Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	624000	usd
CY2023Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	395000	usd
CY2024Q1	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	-14000	usd
CY2023Q1	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	-1000	usd
CY2024Q1	cmct	Unrealized Premium Adjustment UnrealizedPremiumAdjustment	196000	usd
CY2023Q1	cmct	Unrealized Premium Adjustment UnrealizedPremiumAdjustment	265000	usd
CY2024Q1	cmct	Amortization And Accretion On Loans Receivable Net AmortizationAndAccretionOnLoansReceivableNet	8000	usd
CY2023Q1	cmct	Amortization And Accretion On Loans Receivable Net AmortizationAndAccretionOnLoansReceivableNet	99000	usd
CY2024Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	411000	usd
CY2023Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	13000	usd
CY2024Q1	us-gaap	Gain Loss On Derivative Instruments Net Pretax GainLossOnDerivativeInstrumentsNetPretax	55000	usd
CY2023Q1	us-gaap	Gain Loss On Derivative Instruments Net Pretax GainLossOnDerivativeInstrumentsNetPretax	-339000	usd
CY2024Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	13000	usd
CY2023Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-11000	usd
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	55000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	55000	usd
CY2024Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-326000	usd
CY2023Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	768000	usd
CY2024Q1	us-gaap	Payments For Origination And Purchases Of Loans Held For Sale PaymentsForOriginationAndPurchasesOfLoansHeldForSale	5799000	usd
CY2023Q1	us-gaap	Payments For Origination And Purchases Of Loans Held For Sale PaymentsForOriginationAndPurchasesOfLoansHeldForSale	7849000	usd
CY2024Q1	us-gaap	Proceeds From Sale Of Loans Held For Sale ProceedsFromSaleOfLoansHeldForSale	5471000	usd
CY2023Q1	us-gaap	Proceeds From Sale Of Loans Held For Sale ProceedsFromSaleOfLoansHeldForSale	6271000	usd
CY2024Q1	us-gaap	Proceeds From Collection Of Loans Held For Sale ProceedsFromCollectionOfLoansHeldForSale	560000	usd
CY2023Q1	us-gaap	Proceeds From Collection Of Loans Held For Sale ProceedsFromCollectionOfLoansHeldForSale	605000	usd
CY2024Q1	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	-160000	usd
CY2023Q1	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	-150000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	1130000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	4163000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	793000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	5424000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-986000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	14007000	usd
CY2024Q1	us-gaap	Increase Decrease In Deferred Leasing Fees IncreaseDecreaseInDeferredLeasingFees	285000	usd
CY2023Q1	us-gaap	Increase Decrease In Deferred Leasing Fees IncreaseDecreaseInDeferredLeasingFees	246000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	658000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-2119000	usd
CY2024Q1	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	-130000	usd
CY2023Q1	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	722000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	1616000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	2766000	usd
CY2024Q1	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	1690000	usd
CY2023Q1	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	4816000	usd
CY2024Q1	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	0	usd
CY2023Q1	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	96731000	usd
CY2024Q1	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	1096000	usd
CY2023Q1	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	16714000	usd
CY2024Q1	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	530000	usd
CY2023Q1	us-gaap	Payments To Acquire Equity Method Investments PaymentsToAcquireEquityMethodInvestments	6626000	usd
CY2024Q1	us-gaap	Payments To Acquire Loans Held For Investment PaymentsToAcquireLoansHeldForInvestment	1934000	usd
CY2023Q1	us-gaap	Payments To Acquire Loans Held For Investment PaymentsToAcquireLoansHeldForInvestment	2932000	usd
CY2024Q1	us-gaap	Proceeds From Principal Repayments On Loans And Leases Held For Investment ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment	2665000	usd
CY2023Q1	us-gaap	Proceeds From Principal Repayments On Loans And Leases Held For Investment ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment	3323000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-393000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-91068000	usd
CY2024Q1	us-gaap	Repayments Of Other Long Term Debt RepaymentsOfOtherLongTermDebt	3615000	usd
CY2023Q1	us-gaap	Repayments Of Other Long Term Debt RepaymentsOfOtherLongTermDebt	108203000	usd
CY2024Q1	us-gaap	Proceeds From Issuance Of Other Long Term Debt ProceedsFromIssuanceOfOtherLongTermDebt	5000000	usd
CY2023Q1	us-gaap	Proceeds From Issuance Of Other Long Term Debt ProceedsFromIssuanceOfOtherLongTermDebt	212000000	usd
CY2024Q1	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	0	usd
CY2023Q1	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	54141000	usd
CY2024Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	560000	usd
CY2023Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	607000	usd
CY2024Q1	cmct	Payments Of Deferred Stock Issuance Costs PaymentsOfDeferredStockIssuanceCosts	372000	usd
CY2023Q1	cmct	Payments Of Deferred Stock Issuance Costs PaymentsOfDeferredStockIssuanceCosts	283000	usd
CY2024Q1	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	0	usd
CY2023Q1	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	2400000	usd
CY2024Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	1937000	usd
CY2023Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	1933000	usd
CY2024Q1	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	19549000	usd
CY2023Q1	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	23644000	usd
CY2024Q1	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	7651000	usd
CY2023Q1	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	9820000	usd
CY2024Q1	us-gaap	Payments For Repurchase Of Redeemable Preferred Stock PaymentsForRepurchaseOfRedeemablePreferredStock	10223000	usd
CY2023Q1	us-gaap	Payments For Repurchase Of Redeemable Preferred Stock PaymentsForRepurchaseOfRedeemablePreferredStock	88884000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	191000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	77655000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	1414000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-10647000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	44228000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	57480000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	45642000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	46833000	usd
CY2024Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	21307000	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	22491000	usd
CY2024Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	24335000	usd
CY2023Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	24342000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	45642000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	46833000	usd
CY2024Q1	us-gaap	Interest Paid Net InterestPaidNet	8636000	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	4093000	usd
CY2024Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	16000	usd
CY2023Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	0	usd
CY2024Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	1514000	usd
CY2023Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	3494000	usd
CY2024Q1	cmct	Proceeds From The Sale Of Real Estate Committed But Not Yet Paid ProceedsFromTheSaleOfRealEstateCommittedButNotYetPaid	0	usd
CY2023Q1	cmct	Proceeds From The Sale Of Real Estate Committed But Not Yet Paid ProceedsFromTheSaleOfRealEstateCommittedButNotYetPaid	17657000	usd
CY2024Q1	cmct	Other Amounts Due From Unconsolidated Joint Venture Partners Included In Other Assets OtherAmountsDueFromUnconsolidatedJointVenturePartnersIncludedInOtherAssets	1445000	usd
CY2023Q1	cmct	Other Amounts Due From Unconsolidated Joint Venture Partners Included In Other Assets OtherAmountsDueFromUnconsolidatedJointVenturePartnersIncludedInOtherAssets	1445000	usd
CY2024Q1	cmct	Non Cash Contributions To Unconsolidated Joint Venture NonCashContributionsToUnconsolidatedJointVenture	0	usd
CY2023Q1	cmct	Non Cash Contributions To Unconsolidated Joint Venture NonCashContributionsToUnconsolidatedJointVenture	8600000	usd
CY2024Q1	cmct	Stock Offering Costs Not Yet Paid StockOfferingCostsNotYetPaid	247000	usd
CY2023Q1	cmct	Stock Offering Costs Not Yet Paid StockOfferingCostsNotYetPaid	101000	usd
CY2024Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	1937000	usd
CY2023Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	1933000	usd
CY2024Q1	cmct	Accrual Of Dividends Payable To Preferred Stockholders AccrualOfDividendsPayableToPreferredStockholders	2610000	usd
CY2023Q1	cmct	Accrual Of Dividends Payable To Preferred Stockholders AccrualOfDividendsPayableToPreferredStockholders	1832000	usd
CY2024Q1	cmct	Offering Costs Offset Against Redeemable Preferred Stock Temporary Equity OfferingCostsOffsetAgainstRedeemablePreferredStockTemporaryEquity	513000	usd
CY2023Q1	cmct	Offering Costs Offset Against Redeemable Preferred Stock Temporary Equity OfferingCostsOffsetAgainstRedeemablePreferredStockTemporaryEquity	403000	usd
CY2024Q1	us-gaap	Reclassifications Of Temporary To Permanent Equity ReclassificationsOfTemporaryToPermanentEquity	0	usd
CY2023Q1	us-gaap	Reclassifications Of Temporary To Permanent Equity ReclassificationsOfTemporaryToPermanentEquity	8812000	usd
CY2024Q1	us-gaap	Notes Assumed1 NotesAssumed1	0	usd
CY2023Q1	us-gaap	Notes Assumed1 NotesAssumed1	181318000	usd
CY2024Q1	cmct	Redeemable Preferred Stock Fees Incurred But Not Yet Paid RedeemablePreferredStockFeesIncurredButNotYetPaid	246000	usd
CY2023Q1	cmct	Redeemable Preferred Stock Fees Incurred But Not Yet Paid RedeemablePreferredStockFeesIncurredButNotYetPaid	413000	usd
CY2024Q1	cmct	Noncash Financing And Investing Activities Acquisition To Noncontrolling Interests NoncashFinancingAndInvestingActivitiesAcquisitionToNoncontrollingInterests	0	usd
CY2023Q1	cmct	Noncash Financing And Investing Activities Acquisition To Noncontrolling Interests NoncashFinancingAndInvestingActivitiesAcquisitionToNoncontrollingInterests	5002000	usd
CY2024Q1	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 Management, LLC (“CIM Group”) and its affiliates 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><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%">Commencing in </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 conducted a</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> 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). The Company has filed a Registration Statement on Form S-11 in respect of such offering and anticipates continuing the offering upon effectiveness of such Registration Statement on Form S-11. Nothing contained in this Quarterly Report on Form 10-Q is or shall be deemed to be an offer to sell any securities of the Company, or the solicitation of any offer to buy any securities of</span></div>the Company, in any jurisdiction, which may only be made pursuant to appropriate offering documentation.
CY2024Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2024Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	900000000	shares
CY2024Q1	cmct	Preferred Stock Including Temporary Equity Shares Authorized PreferredStockIncludingTemporaryEquitySharesAuthorized	100000000	shares
CY2024Q1	us-gaap	Fiscal Period FiscalPeriod	<div style="margin-top:9pt;text-indent:36pt"><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 months ended March 31, 2024 are not necessarily indicative of the results that may be expected for the year ending December 31, 2024. 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 2023 Form 10-K.</span></div>
CY2024Q1	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	usd
CY2023Q1	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	usd
CY2024Q1	us-gaap	Incentive To Lessee IncentiveToLessee	3900000	usd
CY2023Q4	us-gaap	Incentive To Lessee IncentiveToLessee	3900000	usd
CY2024Q1	cmct	Incentive To Lessee Accumulated Amortization IncentiveToLesseeAccumulatedAmortization	3400000	usd
CY2023Q4	cmct	Incentive To Lessee Accumulated Amortization IncentiveToLesseeAccumulatedAmortization	3300000	usd
CY2024Q1	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	16348000	usd
CY2023Q1	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	12474000	usd
CY2024Q1	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	2425000	usd
CY2023Q1	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	2412000	usd
CY2024Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	18773000	usd
CY2023Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	14886000	usd
CY2024Q1	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	1200000	usd
CY2023Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	868000	usd
CY2024Q1	cmct	Tenant Reimbursements Excluding Lease Agreements TenantReimbursementsExcludingLeaseAgreements	0	usd
CY2023Q1	cmct	Tenant Reimbursements Excluding Lease Agreements TenantReimbursementsExcludingLeaseAgreements	0	usd
CY2024Q1	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	0	usd
CY2024Q1	us-gaap	Financing Receivable Unamortized Purchase Premium Discount FinancingReceivableUnamortizedPurchasePremiumDiscount	-8300000	usd
CY2023Q4	us-gaap	Financing Receivable Unamortized Purchase Premium Discount FinancingReceivableUnamortizedPurchasePremiumDiscount	-8400000	usd
CY2024Q1	cmct	Loan And Leases Receivable Nonaccrual Loan And Lease Status Past Due Period LoanAndLeasesReceivableNonaccrualLoanAndLeaseStatusPastDuePeriod	P60D
CY2024Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	1600000	usd
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	1700000	usd
CY2024Q1	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	14783000	usd
CY2023Q4	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	14757000	usd
CY2024Q1	us-gaap	Deferred Costs Leasing Accumulated Amortization DeferredCostsLeasingAccumulatedAmortization	10810000	usd
CY2023Q4	us-gaap	Deferred Costs Leasing Accumulated Amortization DeferredCostsLeasingAccumulatedAmortization	10483000	usd
CY2024Q1	us-gaap	Deferred Costs Leasing Net DeferredCostsLeasingNet	6360000	usd
CY2023Q4	us-gaap	Deferred Costs Leasing Net DeferredCostsLeasingNet	6613000	usd
CY2024Q1	us-gaap	Deferred Offering Costs DeferredOfferingCosts	4906000	usd
CY2023Q4	us-gaap	Deferred Offering Costs DeferredOfferingCosts	4925000	usd
CY2024Q1	us-gaap	Accumulated Amortization Deferred Finance Costs AccumulatedAmortizationDeferredFinanceCosts	947000	usd
CY2023Q4	us-gaap	Accumulated Amortization Deferred Finance Costs AccumulatedAmortizationDeferredFinanceCosts	764000	usd
CY2024Q1	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	1253000	usd
CY2023Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	1436000	usd
CY2024Q1	us-gaap	Other Deferred Costs Net OtherDeferredCostsNet	491000	usd
CY2023Q4	us-gaap	Other Deferred Costs Net OtherDeferredCostsNet	491000	usd
CY2024Q1	cmct	Deferred Rent Receivable And Charges Net DeferredRentReceivableAndChargesNet	27793000	usd
CY2023Q4	cmct	Deferred Rent Receivable And Charges Net DeferredRentReceivableAndChargesNet	28222000	usd
CY2024Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="margin-top:9pt;text-indent:36pt"><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></div>
CY2024Q1	us-gaap	Land Land	175682000	usd
CY2023Q4	us-gaap	Land Land	175715000	usd
CY2024Q1	us-gaap	Land Improvements LandImprovements	5863000	usd
CY2023Q4	us-gaap	Land Improvements LandImprovements	5862000	usd
CY2024Q1	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	633963000	usd
CY2023Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	633299000	usd
CY2024Q1	us-gaap	Fixtures And Equipment Gross FixturesAndEquipmentGross	11573000	usd
CY2023Q4	us-gaap	Fixtures And Equipment Gross FixturesAndEquipmentGross	11627000	usd
CY2024Q1	us-gaap	Tenant Improvements TenantImprovements	26596000	usd
CY2023Q4	us-gaap	Tenant Improvements TenantImprovements	26460000	usd
CY2024Q1	us-gaap	Development In Process DevelopmentInProcess	16635000	usd
CY2023Q4	us-gaap	Development In Process DevelopmentInProcess	15915000	usd
CY2024Q1	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	870312000	usd
CY2023Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	868878000	usd
CY2024Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	169694000	usd
CY2023Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	164116000	usd
CY2024Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	700618000	usd
CY2023Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	704762000	usd
CY2024Q1	us-gaap	Cost Of Goods And Services Sold Depreciation CostOfGoodsAndServicesSoldDepreciation	5800000	usd
CY2023Q1	us-gaap	Cost Of Goods And Services Sold Depreciation CostOfGoodsAndServicesSoldDepreciation	4800000	usd
CY2024Q1	cmct	Number Of Properties Acquired Or Sold NumberOfPropertiesAcquiredOrSold	0	property
CY2024Q1	cmct	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Below Market Leases BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBelowMarketLeases	0	usd
CY2023Q1	cmct	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Below Market Leases BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBelowMarketLeases	223000	usd
CY2024Q1	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets	0	usd
CY2023Q1	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets	283051000	usd
CY2023Q1	cmct	Acquired Finite Lived Intangible Liabilities Useful Life AcquiredFiniteLivedIntangibleLiabilitiesUsefulLife	P5M
CY2024Q1	us-gaap	Equity Method Investments Fair Value Disclosure EquityMethodInvestmentsFairValueDisclosure	33709000	usd
CY2023Q4	us-gaap	Equity Method Investments Fair Value Disclosure EquityMethodInvestmentsFairValueDisclosure	33505000	usd
CY2024Q1	us-gaap	Notes Receivable Gross NotesReceivableGross	56748000	usd
CY2023Q4	us-gaap	Notes Receivable Gross NotesReceivableGross	57555000	usd
CY2024Q1	cmct	Financing Receivables Deferred Capitalized Costs Net FinancingReceivablesDeferredCapitalizedCostsNet	1125000	usd
CY2023Q4	cmct	Financing Receivables Deferred Capitalized Costs Net FinancingReceivablesDeferredCapitalizedCostsNet	1130000	usd
CY2024Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	1644000	usd
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	1680000	usd
CY2024Q1	us-gaap	Notes Receivable Net NotesReceivableNet	56229000	usd
CY2023Q4	us-gaap	Notes Receivable Net NotesReceivableNet	57005000	usd
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	1680000	usd
CY2024Q1	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	-36000	usd
CY2024Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	1644000	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
CY2024Q1	us-gaap	Financing Receivable Allowance For Credit Losses Period Increase Decrease FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease	-36000	usd
CY2023Q1	us-gaap	Financing Receivable Allowance For Credit Losses Period Increase Decrease FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease	51000	usd
CY2024Q1	cmct	Financing Receivables Deferred Capitalized Costs Net FinancingReceivablesDeferredCapitalizedCostsNet	1125000	usd
CY2024Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	1644000	usd
CY2024Q1	us-gaap	Loans Receivable Held For Sale Amount LoansReceivableHeldForSaleAmount	402000	usd
CY2024Q1	us-gaap	Notes Receivable Net NotesReceivableNet	56229000	usd
CY2024Q1	cmct	Financing Receivables Weighted Average Risk Rating FinancingReceivablesWeightedAverageRiskRating	1.4
CY2024Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	3852000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	3948000	usd
CY2024Q1	us-gaap	Amortization Of Below Market Lease AmortizationOfBelowMarketLease	0	usd
CY2023Q1	us-gaap	Amortization Of Below Market Lease AmortizationOfBelowMarketLease	9000	usd
CY2023Q4	us-gaap	Long Term Debt LongTermDebt	471561000	usd
CY2024Q1	us-gaap	Proceeds From Debt Net Of Issuance Costs ProceedsFromDebtNetOfIssuanceCosts	5000000	usd
CY2024Q1	us-gaap	Repayments Of Debt RepaymentsOfDebt	4175000	usd
CY2024Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	427000	usd
CY2024Q1	us-gaap	Long Term Debt LongTermDebt	472813000	usd
CY2024Q1	cmct	Line Of Credit Facility Accrued Interest And Unused Commitment Fee Payable LineOfCreditFacilityAccruedInterestAndUnusedCommitmentFeePayable	1600000	usd
CY2023Q4	cmct	Line Of Credit Facility Accrued Interest And Unused Commitment Fee Payable LineOfCreditFacilityAccruedInterestAndUnusedCommitmentFeePayable	1800000	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	75138000	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	255340000	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	105780000	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	11093000	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	204000	usd
CY2024Q1	cmct	Long Term Debt Maturity After Year Four LongTermDebtMaturityAfterYearFour	28671000	usd
CY2024Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	476226000	usd
CY2023	cmct	Number Of Mortgage Loans Assumed NumberOfMortgageLoansAssumed	2	mortgage_loan
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	22707000	shares
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.54
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.56
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.54
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.56
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-12295000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-12715000	usd
CY2024Q1	cmct	Dilutive Securities Effect On Basic Earnings Per Share Redeemable Preferred Stock Dividends DilutiveSecuritiesEffectOnBasicEarningsPerShareRedeemablePreferredStockDividends	0	usd
CY2023Q1	cmct	Dilutive Securities Effect On Basic Earnings Per Share Redeemable Preferred Stock Dividends DilutiveSecuritiesEffectOnBasicEarningsPerShareRedeemablePreferredStockDividends	0	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-12295000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-12715000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	22738000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	22707000	shares
CY2024Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
CY2023Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	22738000	shares
CY2024Q1	cmct	Preferred Stock And Warrants Offering Costs Non Issuance Specific Costs PreferredStockAndWarrantsOfferingCostsNonIssuanceSpecificCosts	10900000	usd
CY2020Q1	us-gaap	Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight	0.25	shares
CY2024Q1	cmct	Preferred Stock And Warrants Offering Costs Non Issuance Specific Costs PreferredStockAndWarrantsOfferingCostsNonIssuanceSpecificCosts	10900000	usd
CY2024Q1	cmct	Preferred Stock And Warrants Offering Costs Non Issuance Specific Costs PreferredStockAndWarrantsOfferingCostsNonIssuanceSpecificCosts	10900000	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
CY2024Q1	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
CY2024Q1	cmct	Outstanding Loan Commitments And Approvals To Fund Loans OutstandingLoanCommitmentsAndApprovalsToFundLoans	8200000	usd
CY2024Q1	cmct	Tenant Improvements Obligations TenantImprovementsObligations	4400000	usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear	43229000	usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Next Twelve Months LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths	33584000	usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Two Years LessorOperatingLeasePaymentsToBeReceivedTwoYears	24525000	usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Three Years LessorOperatingLeasePaymentsToBeReceivedThreeYears	16843000	usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received Four Years LessorOperatingLeasePaymentsToBeReceivedFourYears	12910000	usd
CY2024Q1	cmct	Lessor Operating Lease Payment To Be Received After Year Four LessorOperatingLeasePaymentToBeReceivedAfterYearFour	38066000	usd
CY2024Q1	us-gaap	Lessor Operating Lease Payments To Be Received LessorOperatingLeasePaymentsToBeReceived	169157000	usd
CY2023Q1	cmct	Number Of Types Of Commercial Real Estate Properties NumberOfTypesOfCommercialRealEstateProperties	3	property
CY2024Q1	cmct	Number Of Types Of Commercial Real Estate Properties NumberOfTypesOfCommercialRealEstateProperties	3	property
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-3635000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-7320000	usd
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	270000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	256000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	-3905000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-7576000	usd
CY2024Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-175000	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-625000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-3730000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-6951000	usd
CY2024Q1	us-gaap	Assets Assets	887503000	usd
CY2023Q4	us-gaap	Assets Assets	891200000	usd
CY2024Q1	cmct	Capital Expenditures CapitalExpenditures	13540000	usd
CY2023Q1	cmct	Capital Expenditures CapitalExpenditures	9112000	usd
CY2024Q1	cmct	Disposal Group Including Discontinued Operation New Mortgage Loans DisposalGroupIncludingDiscontinuedOperationNewMortgageLoans	7733000	usd
CY2023Q1	cmct	Disposal Group Including Discontinued Operation New Mortgage Loans DisposalGroupIncludingDiscontinuedOperationNewMortgageLoans	10781000	usd
CY2024Q1	cmct	Capital Expenditures And Disposal Group Originations Cost CapitalExpendituresAndDisposalGroupOriginationsCost	21273000	usd
CY2023Q1	cmct	Capital Expenditures And Disposal Group Originations Cost CapitalExpendituresAndDisposalGroupOriginationsCost	19893000	usd
CY2024Q1	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false

Files In Submission

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cmct-20240331.htm	Edgar Link	pending
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exhibit103jpmorgan-cmctxci.htm	Edgar Link	pending
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cmct-20240331_htm.xml	Edgar Link	completed

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$CMCT
Creative Media & Community Trust Corp Stock $cmct

2024 Q2 Form 10-Q Financial Statement

#000090831124000019 Filed on May 15, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CMCT Creative Media & Community Trust Corp Stock $cmct

2024 Q2 Form 10-Q Financial Statement

#000090831124000019 Filed on May 15, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CMCT
Creative Media & Community Trust Corp Stock $cmct