2020 Q1 Form 10-Q Financial Statement
#000162828020007464 Filed on May 11, 2020
Income Statement
| Concept | 2020 Q1 | 2019 Q4 | 2019 Q1 |
|---|---|---|---|
| Revenue | $25.54M | $26.64M | $47.28M |
| YoY Change | -45.99% | -46.74% | -2.11% |
| Cost Of Revenue | $16.65M | $17.88M | $26.14M |
| YoY Change | -36.3% | -33.31% | 8.33% |
| Gross Profit | $8.880M | $8.760M | $21.14M |
| YoY Change | -57.99% | -62.27% | -12.54% |
| Gross Profit Margin | 34.78% | 32.88% | 44.72% |
| Selling, General & Admin | $1.730M | $1.540M | $1.830M |
| YoY Change | -5.46% | -52.62% | -45.86% |
| % of Gross Profit | 19.48% | 17.58% | 8.66% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $5.102M | $5.370M | $9.630M |
| YoY Change | -47.02% | -60.07% | -26.77% |
| % of Gross Profit | 57.45% | 61.3% | 45.55% |
| Operating Expenses | $7.000M | $6.910M | $11.46M |
| YoY Change | -38.92% | -58.6% | -30.63% |
| Operating Profit | -$1.278M | $1.850M | $291.9M |
| YoY Change | -100.44% | -71.67% | 28805.05% |
| Interest Expense | $3.167M | -$3.180M | $4.045M |
| YoY Change | -21.71% | -51.0% | -39.02% |
| % of Operating Profit | -171.89% | 1.39% | |
| Other Income/Expense, Net | |||
| YoY Change | |||
| Pretax Income | -$1.278M | -$1.330M | $291.9M |
| YoY Change | -100.44% | 72.73% | 28805.05% |
| Income Tax | -$22.00K | $200.0K | $318.0K |
| % Of Pretax Income | 0.11% | ||
| Net Earnings | -$1.260M | -$1.538M | $291.8M |
| YoY Change | -100.43% | 69.76% | 47116.34% |
| Net Earnings / Revenue | -4.93% | -5.77% | 617.21% |
| Basic Earnings Per Share | -$0.46 | -$0.79 | $19.70 |
| Diluted Earnings Per Share | -$0.46 | -$0.79 | $18.90 |
| COMMON SHARES | |||
| Basic Shares Outstanding | 14.60M shares | 14.60M shares | 14.60M shares |
| Diluted Shares Outstanding | 14.60M shares | 14.60M shares | 15.25M shares |
Balance Sheet
| Concept | 2020 Q1 | 2019 Q4 | 2019 Q1 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $22.80M | $23.80M | $299.4M |
| YoY Change | -92.38% | -56.65% | 650.38% |
| Cash & Equivalents | $22.76M | $23.80M | $298.8M |
| Short-Term Investments | |||
| Other Short-Term Assets | |||
| YoY Change | |||
| Inventory | |||
| Prepaid Expenses | |||
| Receivables | $3.500M | $3.500M | $5.900M |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $26.30M | $27.30M | $305.3M |
| YoY Change | -91.39% | -55.61% | 503.36% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $509.3M | $508.8M | $668.3M |
| YoY Change | -23.79% | -51.12% | -38.42% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $46.10M | $47.00M | $116.6M |
| YoY Change | -60.46% | -63.54% | 0.26% |
| Total Long-Term Assets | $637.2M | $640.3M | $881.3M |
| YoY Change | -27.69% | -50.01% | -32.59% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $26.30M | $27.30M | $305.3M |
| Total Long-Term Assets | $637.2M | $640.3M | $881.3M |
| Total Assets | $663.5M | $667.6M | $1.187B |
| YoY Change | -44.08% | -50.27% | -12.62% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $17.00M | $24.30M | $13.10M |
| YoY Change | 29.77% | -41.59% | -54.36% |
| Accrued Expenses | $0.00 | $100.0K | $300.0K |
| YoY Change | -100.0% | ||
| 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 | $27.30M | $33.80M | $22.50M |
| YoY Change | 21.33% | -35.74% | -41.25% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $307.9M | $307.4M | $165.6M |
| YoY Change | 85.93% | -47.78% | -74.18% |
| Other Long-Term Liabilities | $10.50M | $11.30M | $55.30M |
| YoY Change | -81.01% | -76.56% | 191.05% |
| Total Long-Term Liabilities | $318.4M | $318.7M | $220.9M |
| YoY Change | 44.14% | -49.96% | -66.55% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $27.30M | $33.80M | $22.50M |
| Total Long-Term Liabilities | $318.4M | $318.7M | $220.9M |
| Total Liabilities | $345.8M | $352.6M | $243.3M |
| YoY Change | 42.15% | -48.86% | -65.17% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | -$746.4M | -$740.6M | -$151.6M |
| YoY Change | 392.44% | 69.52% | -62.54% |
| Common Stock | $15.00K | $15.00K | $44.00K |
| YoY Change | -65.91% | -65.91% | 0.0% |
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $279.0M | $277.7M | $908.8M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $663.5M | $667.6M | $1.187B |
| YoY Change | -44.08% | -50.27% | -12.62% |
Cashflow Statement
| Concept | 2020 Q1 | 2019 Q4 | 2019 Q1 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$1.260M | -$1.538M | $291.8M |
| YoY Change | -100.43% | 69.76% | 47116.34% |
| Depreciation, Depletion And Amortization | $5.102M | $5.370M | $9.630M |
| YoY Change | -47.02% | -60.07% | -26.77% |
| Cash From Operating Activities | $5.983M | $8.420M | $14.39M |
| YoY Change | -58.43% | -22.75% | -18.72% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$5.630M | -$4.650M | -$12.62M |
| YoY Change | -55.39% | 143.46% | -89.14% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$30.00K | $1.340M | -$23.00K |
| YoY Change | 30.43% | -145.89% | -53.06% |
| Cash From Investing Activities | -$5.244M | -$3.310M | $641.7M |
| YoY Change | -100.82% | -31.61% | -656.3% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -$3.498M | 6.030M | -$422.7M |
| YoY Change | -99.17% | -113.14% | -3770.11% |
| NET CHANGE | |||
| Cash From Operating Activities | $5.983M | 8.420M | $14.39M |
| Cash From Investing Activities | -$5.244M | -3.310M | $641.7M |
| Cash From Financing Activities | -$3.498M | 6.030M | -$422.7M |
| Net Change In Cash | -$2.759M | 11.14M | $233.4M |
| YoY Change | -101.18% | -127.98% | -371.01% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $5.983M | $8.420M | $14.39M |
| Capital Expenditures | -$5.630M | -$4.650M | -$12.62M |
| Free Cash Flow | $11.61M | $13.07M | $27.01M |
| YoY Change | -57.01% | 2.03% | -79.82% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2019Q1 | cmct |
Amortization And Accretion On Loans Receivable Net
AmortizationAndAccretionOnLoansReceivableNet
|
98000 | USD |
| CY2020Q1 | cmct |
Amortization And Accretion On Loans Receivable Net
AmortizationAndAccretionOnLoansReceivableNet
|
179000 | USD |
| CY2019Q1 | cmct |
Capital Expenditures
CapitalExpenditures
|
3205000 | USD |
| CY2020Q1 | cmct |
Capital Expenditures
CapitalExpenditures
|
4828000 | USD |
| CY2019Q1 | cmct |
Capital Expenditures And Disposal Group Originations Cost
CapitalExpendituresAndDisposalGroupOriginationsCost
|
6609000 | USD |
| CY2020Q1 | cmct |
Capital Expenditures And Disposal Group Originations Cost
CapitalExpendituresAndDisposalGroupOriginationsCost
|
16672000 | USD |
| CY2019Q1 | cmct |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingDisposalGroupAndDiscontinuedOperations
|
10000 | USD |
| CY2020Q1 | cmct |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingDisposalGroupAndDiscontinuedOperations
|
0 | USD |
| CY2019Q1 | cmct |
Deferred Rent And Amortization Of Intangible Assets Liabilities And Lease Inducements
DeferredRentAndAmortizationOfIntangibleAssetsLiabilitiesAndLeaseInducements
|
-193000 | USD |
| CY2020Q1 | cmct |
Deferred Rent And Amortization Of Intangible Assets Liabilities And Lease Inducements
DeferredRentAndAmortizationOfIntangibleAssetsLiabilitiesAndLeaseInducements
|
-816000 | USD |
| CY2019Q4 | cmct |
Deferred Rent Receivable And Charges Net
DeferredRentReceivableAndChargesNet
|
34857000 | USD |
| CY2020Q1 | cmct |
Deferred Rent Receivable And Charges Net
DeferredRentReceivableAndChargesNet
|
35690000 | USD |
| CY2020Q1 | cmct |
Tenant Improvements Obligations
TenantImprovementsObligations
|
5464000 | USD |
| CY2019Q1 | cmct |
Tenant Reimbursements Excluding Lease Agreements
TenantReimbursementsExcludingLeaseAgreements
|
205000 | USD |
| CY2020Q1 | cmct |
Revenue From Contract With Customer Excluding Assessed Tax Hotel Occupancy Rate
RevenueFromContractWithCustomerExcludingAssessedTaxHotelOccupancyRate
|
0.386 | |
| CY2020Q1 | cmct |
Disposal Group Including Discontinued Operation New Mortgage Loans
DisposalGroupIncludingDiscontinuedOperationNewMortgageLoans
|
11844000 | USD |
| CY2019Q1 | cmct |
Revenue From Contract With Customer Excluding Assessed Tax Revenue Per Available Room
RevenueFromContractWithCustomerExcludingAssessedTaxRevenuePerAvailableRoom
|
150.84 | USD |
| CY2019Q2 | cmct |
Revenue From Contract With Customer Excluding Assessed Tax Revenue Per Available Room
RevenueFromContractWithCustomerExcludingAssessedTaxRevenuePerAvailableRoom
|
156.38 | USD |
| CY2019Q1 | cmct |
Disposal Group Including Discontinued Operation Debt Deferred Loan Costs
DisposalGroupIncludingDiscontinuedOperationDebtDeferredLoanCosts
|
1417000 | USD |
| CY2019Q1 | cmct |
Disposal Group Including Discontinued Operation New Mortgage Loans
DisposalGroupIncludingDiscontinuedOperationNewMortgageLoans
|
3404000 | USD |
| CY2018Q4 | cmct |
Derivative Notional Amountof Terminated Derivatives
DerivativeNotionalAmountofTerminatedDerivatives
|
50000000 | USD |
| CY2019Q1 | cmct |
Derivative Notional Amountof Terminated Derivatives
DerivativeNotionalAmountofTerminatedDerivatives
|
120000000 | USD |
| CY2017 | cmct |
Derivative Notional Amountof Terminated Derivatives
DerivativeNotionalAmountofTerminatedDerivatives
|
215000000 | USD |
| CY2018Q4 | cmct |
Derivative Numberof Instruments Terminated
DerivativeNumberofInstrumentsTerminated
|
1 | swap |
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Derivative Numberof Instruments Terminated
DerivativeNumberofInstrumentsTerminated
|
2 | swap |
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Derivative Numberof Instruments Terminated
DerivativeNumberofInstrumentsTerminated
|
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Dilutive Securities Effect On Basic Earnings Per Share Redeemable Preferred Stock Dividends
DilutiveSecuritiesEffectOnBasicEarningsPerShareRedeemablePreferredStockDividends
|
492000 | USD |
| CY2020Q1 | cmct |
Dilutive Securities Effect On Basic Earnings Per Share Redeemable Preferred Stock Dividends
DilutiveSecuritiesEffectOnBasicEarningsPerShareRedeemablePreferredStockDividends
|
-1000 | USD |
| CY2019Q1 | cmct |
Direct Costs Of Leased Rented And Other Property Operating
DirectCostsOfLeasedRentedAndOtherPropertyOperating
|
20253000 | USD |
| CY2020Q1 | cmct |
Direct Costs Of Leased Rented And Other Property Operating
DirectCostsOfLeasedRentedAndOtherPropertyOperating
|
12515000 | USD |
| CY2019Q1 | cmct |
Discontinued Operation Deferred Income Tax Expense Benefit
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|
95000 | USD |
| CY2020Q1 | cmct |
Discontinued Operation Deferred Income Tax Expense Benefit
DiscontinuedOperationDeferredIncomeTaxExpenseBenefit
|
-151000 | USD |
| CY2019Q1 | cmct |
Disposal Group Including Discontinued Operation Debt Accumulated Amortization
DisposalGroupIncludingDiscontinuedOperationDebtAccumulatedAmortization
|
494000 | USD |
| CY2019Q4 | cmct |
Financing Receivable Percent Current
FinancingReceivablePercentCurrent
|
0.996 | |
| CY2020Q1 | cmct |
Financing Receivable Percent Current
FinancingReceivablePercentCurrent
|
0.972 | |
| CY2019Q4 | cmct |
Financing Receivables Deferred Capitalized Costs
FinancingReceivablesDeferredCapitalizedCosts
|
1145000 | USD |
| CY2020Q1 | cmct |
Financing Receivables Deferred Capitalized Costs
FinancingReceivablesDeferredCapitalizedCosts
|
1139000 | USD |
| CY2019Q1 | cmct |
Interest And Other Operating Income
InterestAndOtherOperatingIncome
|
3892000 | USD |
| CY2020Q1 | cmct |
Interest And Other Operating Income
InterestAndOtherOperatingIncome
|
2957000 | USD |
| CY2019Q4 | cmct |
Line Of Credit Facility Accrued Interest And Unused Commitment Fee Payable
LineOfCreditFacilityAccruedInterestAndUnusedCommitmentFeePayable
|
650000 | USD |
| CY2020Q1 | cmct |
Line Of Credit Facility Accrued Interest And Unused Commitment Fee Payable
LineOfCreditFacilityAccruedInterestAndUnusedCommitmentFeePayable
|
671000 | USD |
| CY2020Q1 | cmct |
Loan And Leases Receivable Nonaccrual Loan And Lease Status Past Due Period
LoanAndLeasesReceivableNonaccrualLoanAndLeaseStatusPastDuePeriod
|
P60D | |
| CY2019Q1 | cmct |
Mortgages Payable Defeased
MortgagesPayableDefeased
|
205500000 | USD |
| CY2020Q1 | cmct |
Mortgages Payable Defeased
MortgagesPayableDefeased
|
0 | USD |
| CY2019Q1 | cmct |
Net Income Loss Available To Common Stockholders Including Accumulated Preferred Stock Dividends Basic
NetIncomeLossAvailableToCommonStockholdersIncludingAccumulatedPreferredStockDividendsBasic
|
287631000 | USD |
| CY2020Q1 | cmct |
Net Income Loss Available To Common Stockholders Including Accumulated Preferred Stock Dividends Basic
NetIncomeLossAvailableToCommonStockholdersIncludingAccumulatedPreferredStockDividendsBasic
|
-6787000 | USD |
| CY2019Q1 | cmct |
Number Of Types Of Commercial Real Estate Properties
NumberOfTypesOfCommercialRealEstateProperties
|
2 | property |
| CY2020Q1 | cmct |
Number Of Types Of Commercial Real Estate Properties
NumberOfTypesOfCommercialRealEstateProperties
|
2 | property |
| CY2019Q4 | cmct |
Numberof Statesinwhich Real Estate Propertiesare Owned
NumberofStatesinwhichRealEstatePropertiesareOwned
|
2 | state |
| CY2019Q1 | cmct |
Offering Costs Offset Against Redeemable Preferred Stock Permanent Equity
OfferingCostsOffsetAgainstRedeemablePreferredStockPermanentEquity
|
0 | USD |
| CY2020Q1 | cmct |
Offering Costs Offset Against Redeemable Preferred Stock Permanent Equity
OfferingCostsOffsetAgainstRedeemablePreferredStockPermanentEquity
|
2000 | USD |
| CY2019Q1 | cmct |
Offering Costs Offset Against Redeemable Preferred Stock Temporary Equity
OfferingCostsOffsetAgainstRedeemablePreferredStockTemporaryEquity
|
44000 | USD |
| CY2020Q1 | cmct |
Offering Costs Offset Against Redeemable Preferred Stock Temporary Equity
OfferingCostsOffsetAgainstRedeemablePreferredStockTemporaryEquity
|
176000 | USD |
| CY2019Q1 | cmct |
Operating Lease And Other Property Revenue
OperatingLeaseAndOtherPropertyRevenue
|
33581000 | USD |
| CY2020Q1 | cmct |
Operating Lease And Other Property Revenue
OperatingLeaseAndOtherPropertyRevenue
|
14819000 | USD |
| CY2020Q1 | cmct |
Outstanding Loan Commitments And Approvals To Fund Loans
OutstandingLoanCommitmentsAndApprovalsToFundLoans
|
12745000 | USD |
| CY2019Q1 | cmct |
Paymentof Other Deferred Costs
PaymentofOtherDeferredCosts
|
82000 | USD |
| CY2020Q1 | cmct |
Paymentof Other Deferred Costs
PaymentofOtherDeferredCosts
|
0 | USD |
| CY2019Q1 | cmct |
Percentage Of Ownership Sold
PercentageOfOwnershipSold
|
1 | |
| CY2020Q1 | cmct |
Preferred Stock And Warrants Offering Costs Issuance Specific Offering Costs
PreferredStockAndWarrantsOfferingCostsIssuanceSpecificOfferingCosts
|
9567000 | USD |
| CY2020Q1 | cmct |
Preferred Stock And Warrants Offering Costs Non Issuance Specific Costs
PreferredStockAndWarrantsOfferingCostsNonIssuanceSpecificCosts
|
6461000 | USD |
| CY2020Q1 | cmct |
Preferred Stock Including Temporary Equity Shares Authorized
PreferredStockIncludingTemporaryEquitySharesAuthorized
|
100000000 | shares |
| CY2020Q1 | cmct |
Revenue From Contract With Customer Excluding Assessed Tax Revenue Per Available Room
RevenueFromContractWithCustomerExcludingAssessedTaxRevenuePerAvailableRoom
|
66.48 | USD |
| CY2019Q3 | cmct |
Special Dividends Cash
SpecialDividendsCash
|
613294000 | USD |
| CY2019Q1 | cmct |
Related Party Asset Management Fees And Other Fees
RelatedPartyAssetManagementFeesAndOtherFees
|
5886000 | USD |
| CY2020Q1 | cmct |
Related Party Asset Management Fees And Other Fees
RelatedPartyAssetManagementFeesAndOtherFees
|
4139000 | USD |
| CY2019Q1 | cmct |
Revenue From Contract With Customer Excluding Assessed Tax Average Daily Rate
RevenueFromContractWithCustomerExcludingAssessedTaxAverageDailyRate
|
176.12 | USD |
| CY2020Q1 | cmct |
Preferred Stock Redemption Price Consecutive Trading Daysof Weighted Average Common Stock Price
PreferredStockRedemptionPriceConsecutiveTradingDaysofWeightedAverageCommonStockPrice
|
P20D | |
| CY2020Q1 | cmct |
Preferred Stock Redemption Price Percentage
PreferredStockRedemptionPricePercentage
|
1 | |
| CY2018Q4 | cmct |
Proceeds From Termination Payments Net Of Fees
ProceedsFromTerminationPaymentsNetOfFees
|
684000 | USD |
| CY2019Q1 | cmct |
Proceeds From Termination Payments Net Of Fees
ProceedsFromTerminationPaymentsNetOfFees
|
1302000 | USD |
| CY2017 | cmct |
Proceeds From Termination Payments Net Of Fees
ProceedsFromTerminationPaymentsNetOfFees
|
973000 | USD |
| CY2019Q1 | cmct |
Reclassifications Of Temporary Equity To Liabilities
ReclassificationsOfTemporaryEquityToLiabilities
|
0 | USD |
| CY2020Q1 | cmct |
Reclassifications Of Temporary Equity To Liabilities
ReclassificationsOfTemporaryEquityToLiabilities
|
18000 | USD |
| CY2019Q1 | cmct |
Redeemable Preferred Stock Dividends Accumulated
RedeemablePreferredStockDividendsAccumulated
|
4162000 | USD |
| CY2020Q1 | cmct |
Redeemable Preferred Stock Dividends Accumulated
RedeemablePreferredStockDividendsAccumulated
|
5356000 | USD |
| CY2019Q1 | cmct |
Redeemable Preferred Stock Fees Incurred But Not Yet Paid
RedeemablePreferredStockFeesIncurredButNotYetPaid
|
0 | USD |
| CY2020Q1 | cmct |
Redeemable Preferred Stock Fees Incurred But Not Yet Paid
RedeemablePreferredStockFeesIncurredButNotYetPaid
|
78000 | USD |
| CY2019Q2 | cmct |
Revenue From Contract With Customer Excluding Assessed Tax Average Daily Rate
RevenueFromContractWithCustomerExcludingAssessedTaxAverageDailyRate
|
187.76 | USD |
| CY2020Q1 | cmct |
Revenue From Contract With Customer Excluding Assessed Tax Average Daily Rate
RevenueFromContractWithCustomerExcludingAssessedTaxAverageDailyRate
|
172.05 | USD |
| CY2019Q1 | cmct |
Revenue From Contract With Customer Excluding Assessed Tax Hotel Occupancy Rate
RevenueFromContractWithCustomerExcludingAssessedTaxHotelOccupancyRate
|
0.856 | |
| CY2019Q2 | cmct |
Revenue From Contract With Customer Excluding Assessed Tax Hotel Occupancy Rate
RevenueFromContractWithCustomerExcludingAssessedTaxHotelOccupancyRate
|
0.833 | |
| CY2019Q1 | cmct |
Stock Offering Costs Not Yet Paid
StockOfferingCostsNotYetPaid
|
281000 | USD |
| CY2020Q1 | cmct |
Stock Offering Costs Not Yet Paid
StockOfferingCostsNotYetPaid
|
538000 | USD |
| CY2020Q1 | cmct |
Tenant Reimbursements Excluding Lease Agreements
TenantReimbursementsExcludingLeaseAgreements
|
0 | USD |
| CY2019Q1 | cmct |
Transfer Of Marketable Securities For Defeasance Of Mortgage Payable
TransferOfMarketableSecuritiesForDefeasanceOfMortgagePayable
|
224086000 | USD |
| CY2020Q1 | cmct |
Transfer Of Marketable Securities For Defeasance Of Mortgage Payable
TransferOfMarketableSecuritiesForDefeasanceOfMortgagePayable
|
0 | USD |
| CY2019Q1 | cmct |
Unrealized Premium Adjustment
UnrealizedPremiumAdjustment
|
442000 | USD |
| CY2020Q1 | cmct |
Unrealized Premium Adjustment
UnrealizedPremiumAdjustment
|
451000 | USD |
| CY2018Q2 | cmct |
Wholesaling Agreement Percent Of Selling Price Fee Per Share
WholesalingAgreementPercentOfSellingPriceFeePerShare
|
0.0275 | |
| CY2020Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
| CY2020Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
| CY2020Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
| CY2020Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2020 | |
| CY2020Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2020-03-31 | |
| CY2020Q1 | dei |
Document Type
DocumentType
|
10-Q | |
| CY2020Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000908311 | |
| CY2020Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
14827410 | shares |
| CY2020Q1 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
| CY2020Q1 | dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | |
| CY2020Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Accelerated Filer | |
| CY2020Q1 | dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | |
| CY2020Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
CIM Commercial Trust Corp | |
| CY2020Q1 | dei |
Entity Shell Company
EntityShellCompany
|
false | |
| CY2020Q1 | dei |
Entity Small Business
EntitySmallBusiness
|
true | |
| CY2019Q4 | us-gaap |
Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
|
3520000 | USD |
| CY2020Q1 | us-gaap |
Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
|
3528000 | USD |
| CY2019Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
24309000 | USD |
| CY2020Q1 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
17027000 | USD |
| CY2019Q4 | us-gaap |
Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
|
1494000 | USD |
| CY2020Q1 | us-gaap |
Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
|
1760000 | USD |
| CY2019Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
794825000 | USD |
| CY2020Q1 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
794269000 | USD |
| CY2019Q1 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
9000 | USD |
| CY2020Q1 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
28000 | USD |
| CY2019Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
4000 | USD |
| CY2020Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
-25000 | USD |
| CY2019Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
309000 | USD |
| CY2020Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
266000 | USD |
| CY2019Q4 | us-gaap |
Assets
Assets
|
667592000 | USD |
| CY2020Q1 | us-gaap |
Assets
Assets
|
663542000 | USD |
| CY2019Q4 | us-gaap |
Below Market Lease Net
BelowMarketLeaseNet
|
1282000 | USD |
| CY2020Q1 | us-gaap |
Below Market Lease Net
BelowMarketLeaseNet
|
1028000 | USD |
| CY2019Q1 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
44000 | USD |
| CY2020Q1 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
0 | USD |
| CY2019Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
2457000 | USD |
| CY2020Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
4859000 | USD |
| CY2019Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
298841000 | USD |
| CY2019Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
23801000 | USD |
| CY2020Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
22758000 | USD |
| CY2019Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
| CY2020Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
| CY2019Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.003 | |
| CY2019Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
900000000 | shares |
| CY2018Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
77171000 | USD |
| CY2019Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
310579000 | USD |
| CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
35947000 | USD |
| CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
33188000 | USD |
| CY2019Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
233408000 | USD |
| CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-2759000 | USD |
| CY2019Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2020Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2019Q1 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.375 | |
| CY2020Q1 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.075 | |
| CY2020Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
900000000 | shares |
| CY2019Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
14602149 | shares |
| CY2020Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
14602149 | shares |
| CY2019Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
14602149 | shares |
| CY2020Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
14602149 | shares |
| CY2019Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
15000 | USD |
| CY2020Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
15000 | USD |
| CY2019Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
289991000 | USD |
| CY2020Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-1260000 | USD |
| CY2019Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-174000 | USD |
| CY2020Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
4000 | USD |
| CY2019Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
289817000 | USD |
| CY2020Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-1256000 | USD |
| CY2019Q1 | us-gaap |
Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
|
7937000 | USD |
| CY2020Q1 | us-gaap |
Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
|
4257000 | USD |
| CY2019Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
132917000 | USD |
| CY2020Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
26813000 | USD |
| CY2019Q4 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
307421000 | USD |
| CY2020Q1 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
307899000 | USD |
| CY2019Q1 | us-gaap |
Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
|
145000 | USD |
| CY2020Q1 | us-gaap |
Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
|
382000 | USD |
| CY2019Q4 | us-gaap |
Deferred Costs Leasing Accumulated Amortization
DeferredCostsLeasingAccumulatedAmortization
|
7438000 | USD |
| CY2020Q1 | us-gaap |
Deferred Costs Leasing Accumulated Amortization
DeferredCostsLeasingAccumulatedAmortization
|
7797000 | USD |
| CY2019Q4 | us-gaap |
Deferred Costs Leasing Gross
DeferredCostsLeasingGross
|
16881000 | USD |
| CY2020Q1 | us-gaap |
Deferred Costs Leasing Gross
DeferredCostsLeasingGross
|
16763000 | USD |
| CY2019Q4 | us-gaap |
Deferred Finance Costs Gross
DeferredFinanceCostsGross
|
4535000 | USD |
| CY2020Q1 | us-gaap |
Deferred Finance Costs Gross
DeferredFinanceCostsGross
|
4535000 | USD |
| CY2019Q4 | us-gaap |
Deferred Offering Costs
DeferredOfferingCosts
|
5275000 | USD |
| CY2020Q1 | us-gaap |
Deferred Offering Costs
DeferredOfferingCosts
|
5578000 | USD |
| CY2019Q4 | us-gaap |
Deferred Rent Receivables Net
DeferredRentReceivablesNet
|
19988000 | USD |
| CY2020Q1 | us-gaap |
Deferred Rent Receivables Net
DeferredRentReceivablesNet
|
20648000 | USD |
| CY2019Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
9630000 | USD |
| CY2020Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
5258000 | USD |
| CY2019Q4 | us-gaap |
Development In Process
DevelopmentInProcess
|
13484000 | USD |
| CY2020Q1 | us-gaap |
Development In Process
DevelopmentInProcess
|
16423000 | USD |
| CY2019Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
5474000 | USD |
| CY2020Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
1095000 | USD |
| CY2019Q4 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
4380644.70 | USD |
| CY2019Q1 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
1010000 | USD |
| CY2020Q1 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
2209000 | USD |
| CY2019Q4 | us-gaap |
Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
|
9431000 | USD |
| CY2020Q1 | us-gaap |
Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
|
10317000 | USD |
| CY2019Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
19.70 | |
| CY2020Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.46 | |
| CY2019Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
18.90 | |
| CY2020Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.46 | |
| CY2019Q4 | us-gaap |
Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
|
598000 | USD |
| CY2020Q1 | us-gaap |
Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
|
531000 | USD |
| CY2019Q4 | us-gaap |
Fixtures And Equipment Gross
FixturesAndEquipmentGross
|
4628000 | USD |
| CY2020Q1 | us-gaap |
Fixtures And Equipment Gross
FixturesAndEquipmentGross
|
4752000 | USD |
| CY2019Q1 | us-gaap |
Gain Loss On Discontinuation Of Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring Net
GainLossOnDiscontinuationOfCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringNet
|
1580000 | USD |
| CY2019Q1 | us-gaap |
Gain Loss On Discontinuation Of Interest Rate Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring Net
GainLossOnDiscontinuationOfInterestRateCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringNet
|
-1421000 | USD |
| CY2020Q1 | us-gaap |
Gain Loss On Discontinuation Of Interest Rate Cash Flow Hedge Due To Forecasted Transaction Probable Of Not Occurring Net
GainLossOnDiscontinuationOfInterestRateCashFlowHedgeDueToForecastedTransactionProbableOfNotOccurringNet
|
0 | USD |
| CY2019Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-25071000 | USD |
| CY2020Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | USD |
| CY2019Q1 | us-gaap |
Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
|
377581000 | USD |
| CY2020Q1 | us-gaap |
Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
|
0 | USD |
| CY2019Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1788000 | USD |
| CY2020Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1734000 | USD |
| CY2019Q4 | us-gaap |
Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
|
0 | USD |
| CY2020Q1 | us-gaap |
Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
|
0 | USD |
| CY2019Q1 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
66200000 | USD |
| CY2019Q2 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
2800000 | USD |
| CY2020Q1 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
0 | USD |
| CY2019Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
291941000 | USD |
| CY2020Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-1278000 | USD |
| CY2019Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
318000 | USD |
| CY2020Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-22000 | USD |
| CY2019Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | USD |
| CY2020Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | USD |
| CY2019Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-4041000 | USD |
| CY2020Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
489000 | USD |
| CY2019Q1 | us-gaap |
Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
|
262000 | USD |
| CY2020Q1 | us-gaap |
Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
|
83000 | USD |
| CY2019Q1 | us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
-1723000 | USD |
| CY2020Q1 | us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
886000 | USD |
| CY2019Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-643000 | USD |
| CY2020Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
695000 | USD |
| CY2020Q1 | us-gaap |
Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
|
0 | USD |
| CY2019Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-5026000 | USD |
| CY2020Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-497000 | USD |
| CY2019Q1 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
-740000 | USD |
| CY2020Q1 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
300000 | USD |
| CY2019Q1 | us-gaap |
Increase In Carrying Amount Of Redeemable Preferred Stock
IncreaseInCarryingAmountOfRedeemablePreferredStock
|
0 | USD |
| CY2020Q1 | us-gaap |
Increase In Carrying Amount Of Redeemable Preferred Stock
IncreaseInCarryingAmountOfRedeemablePreferredStock
|
161000 | USD |
| CY2019Q1 | us-gaap |
Interest Expense
InterestExpense
|
4045000 | USD |
| CY2020Q1 | us-gaap |
Interest Expense
InterestExpense
|
3167000 | USD |
| CY2019Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
5734000 | USD |
| CY2020Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
2904000 | USD |
| CY2019Q1 | us-gaap |
Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
|
1806000 | USD |
| CY2019Q4 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
438349000 | USD |
| CY2020Q1 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
438842000 | USD |
| CY2019Q4 | us-gaap |
Land
Land
|
134421000 | USD |
| CY2020Q1 | us-gaap |
Land
Land
|
134421000 | USD |
| CY2019Q4 | us-gaap |
Land Improvements
LandImprovements
|
2713000 | USD |
| CY2020Q1 | us-gaap |
Land Improvements
LandImprovements
|
2713000 | USD |
| CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
43000 | USD |
| CY2020Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
|
237612000 | USD |
| CY2020Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
|
34144000 | USD |
| CY2020Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
|
35512000 | USD |
| CY2020Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
|
35550000 | USD |
| CY2020Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
|
50923000 | USD |
| CY2020Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
|
39079000 | USD |
| CY2020Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
|
42404000 | USD |
| CY2019Q4 | us-gaap |
Liabilities
Liabilities
|
352556000 | USD |
| CY2020Q1 | us-gaap |
Liabilities
Liabilities
|
345824000 | USD |
| CY2019Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
667592000 | USD |
| CY2020Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
663542000 | USD |
| CY2020Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
311841000 | USD |
| CY2020Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
|
144937000 | USD |
| CY2020Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
1390000 | USD |
| CY2020Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
1875000 | USD |
| CY2020Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
161143000 | USD |
| CY2020Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
1594000 | USD |
| CY2020Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
902000 | USD |
| CY2019Q4 | us-gaap |
Minority Interest
MinorityInterest
|
505000 | USD |
| CY2020Q1 | us-gaap |
Minority Interest
MinorityInterest
|
509000 | USD |
| CY2019Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-422687000 | USD |
| CY2020Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-3498000 | USD |
| CY2019Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
641692000 | USD |
| CY2020Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-5244000 | USD |
| CY2019Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
14393000 | USD |
| CY2020Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
5983000 | USD |
| CY2019Q4 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
68079000 | USD |
| CY2020Q1 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
65170000 | USD |
| CY2019Q1 | us-gaap |
Number Of Businesses Acquired
NumberOfBusinessesAcquired
|
0 | acquistion |
| CY2020Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-6788000 | USD |
| CY2019Q1 | us-gaap |
Notes Assumed1
NotesAssumed1
|
28200000 | USD |
| CY2020Q1 | us-gaap |
Notes Assumed1
NotesAssumed1
|
0 | USD |
| CY2019Q4 | us-gaap |
Notes Receivable Gross
NotesReceivableGross
|
67532000 | USD |
| CY2020Q1 | us-gaap |
Notes Receivable Gross
NotesReceivableGross
|
64562000 | USD |
| CY2019Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
291797000 | USD |
| CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1260000 | USD |
| CY2019Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-174000 | USD |
| CY2020Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
4000 | USD |
| CY2019Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
288123000 | USD |
| CY2020Q1 | us-gaap |
Number Of Businesses Acquired
NumberOfBusinessesAcquired
|
0 | acquistion |
| CY2019Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
291941000 | USD |
| CY2020Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1278000 | USD |
| CY2019Q1 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
76000 | USD |
| CY2020Q1 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
74000 | USD |
| CY2019Q1 | us-gaap |
Operating Lease Lease Income
OperatingLeaseLeaseIncome
|
33581000 | USD |
| CY2020Q1 | us-gaap |
Operating Lease Lease Income
OperatingLeaseLeaseIncome
|
14819000 | USD |
| CY2019Q1 | us-gaap |
Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
|
30896000 | USD |
| CY2020Q1 | us-gaap |
Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
|
13345000 | USD |
| CY2019Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
106000000 | USD |
| CY2020Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
43000000 | USD |
| CY2019Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
106000 | USD |
| CY2020Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
43000 | USD |
| CY2019Q1 | us-gaap |
Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
|
2685000 | USD |
| CY2020Q1 | us-gaap |
Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
|
1474000 | USD |
| CY2019Q4 | us-gaap |
Other Assets
OtherAssets
|
9222000 | USD |
| CY2020Q1 | us-gaap |
Other Assets
OtherAssets
|
9875000 | USD |
| CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
0 | USD |
| CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
0 | USD |
| CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
-1806000 | USD |
| CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
0 | USD |
| CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
|
209000 | USD |
| CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
|
0 | USD |
| CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-1806000 | USD |
| CY2020Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
0 | USD |
| CY2019Q4 | us-gaap |
Other Deferred Costs Gross
OtherDeferredCostsGross
|
151000 | USD |
| CY2020Q1 | us-gaap |
Other Deferred Costs Gross
OtherDeferredCostsGross
|
498000 | USD |
| CY2019Q4 | us-gaap |
Other Intangible Assets Net
OtherIntangibleAssetsNet
|
7260000 | USD |
| CY2020Q1 | us-gaap |
Other Intangible Assets Net
OtherIntangibleAssetsNet
|
6813000 | USD |
| CY2019Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
10113000 | USD |
| CY2020Q1 | us-gaap |
Other Liabilities
OtherLiabilities
|
9553000 | USD |
| CY2019Q1 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-49000 | USD |
| CY2020Q1 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-297000 | USD |
| CY2019Q1 | us-gaap |
Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
|
2553000 | USD |
| CY2020Q1 | us-gaap |
Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
|
8883000 | USD |
| CY2019Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-23000 | USD |
| CY2020Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-30000 | USD |
| CY2019Q1 | us-gaap |
Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
|
67000 | USD |
| CY2020Q1 | us-gaap |
Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
|
186000 | USD |
| CY2019Q1 | us-gaap |
Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
|
5562000 | USD |
| CY2020Q1 | us-gaap |
Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
|
0 | USD |
| CY2019Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
5474000 | USD |
| CY2020Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
1095000 | USD |
| CY2019Q1 | us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
14935000 | USD |
| CY2020Q1 | us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
10919000 | USD |
| CY2019Q1 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
126000 | USD |
| CY2020Q1 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
207000 | USD |
| CY2019Q1 | us-gaap |
Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
|
851000 | USD |
| CY2020Q1 | us-gaap |
Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
|
2961000 | USD |
| CY2019Q1 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
224086000 | USD |
| CY2020Q1 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
0 | USD |
| CY2019Q1 | us-gaap |
Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
|
12623000 | USD |
| CY2020Q1 | us-gaap |
Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
|
5632000 | USD |
| CY2019Q1 | us-gaap |
Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
|
4000 | USD |
| CY2020Q1 | us-gaap |
Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
|
10000 | USD |
| CY2019Q1 | us-gaap |
Proceeds From Collection Of Loans Held For Sale
ProceedsFromCollectionOfLoansHeldForSale
|
112000 | USD |
| CY2020Q1 | us-gaap |
Proceeds From Collection Of Loans Held For Sale
ProceedsFromCollectionOfLoansHeldForSale
|
2014000 | USD |
| CY2020Q1 | us-gaap |
Proceeds From Issuance Of Preferred Stock Preference Stock And Warrants
ProceedsFromIssuanceOfPreferredStockPreferenceStockAndWarrants
|
121431000 | USD |
| CY2019Q1 | us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
9000 | USD |
| CY2020Q1 | us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
29000 | USD |
| CY2019Q1 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
0 | USD |
| CY2020Q1 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
11500000 | USD |
| CY2019Q1 | us-gaap |
Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
2252000 | USD |
| CY2020Q1 | us-gaap |
Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
3319000 | USD |
| CY2019Q1 | us-gaap |
Proceeds From Recoveries Of Loan Previously Charged Off
ProceedsFromRecoveriesOfLoanPreviouslyChargedOff
|
57000 | USD |
| CY2020Q1 | us-gaap |
Proceeds From Recoveries Of Loan Previously Charged Off
ProceedsFromRecoveriesOfLoanPreviouslyChargedOff
|
52000 | USD |
| CY2019Q1 | us-gaap |
Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
|
11286000 | USD |
| CY2020Q1 | us-gaap |
Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
|
9520000 | USD |
| CY2019Q1 | us-gaap |
Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
|
652891000 | USD |
| CY2020Q1 | us-gaap |
Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
|
0 | USD |
| CY2019Q1 | us-gaap |
Profit Loss
ProfitLoss
|
291623000 | USD |
| CY2020Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-1256000 | USD |
| CY2019Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-98000 | USD |
| CY2020Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
225000 | USD |
| CY2019Q4 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
120555000 | USD |
| CY2020Q1 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
124176000 | USD |
| CY2019Q4 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
629262000 | USD |
| CY2020Q1 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
633454000 | USD |
| CY2019Q4 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
508707000 | USD |
| CY2020Q1 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
509278000 | USD |
| CY2019Q1 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
1806000 | USD |
| CY2020Q1 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
0 | USD |
| CY2019Q1 | us-gaap |
Reclassifications Of Temporary To Permanent Equity
ReclassificationsOfTemporaryToPermanentEquity
|
8890000 | USD |
| CY2020Q1 | us-gaap |
Reclassifications Of Temporary To Permanent Equity
ReclassificationsOfTemporaryToPermanentEquity
|
6948000 | USD |
| CY2019Q1 | us-gaap |
Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
|
0 | USD |
| CY2020Q1 | us-gaap |
Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
|
161000 | USD |
| CY2019Q1 | us-gaap |
Repayments Of First Mortgage Bond
RepaymentsOfFirstMortgageBond
|
46000000 | USD |
| CY2020Q1 | us-gaap |
Repayments Of First Mortgage Bond
RepaymentsOfFirstMortgageBond
|
0 | USD |
| CY2019Q1 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
130000000 | USD |
| CY2020Q1 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
5000000 | USD |
| CY2019Q1 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
3271000 | USD |
| CY2020Q1 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
4249000 | USD |
| CY2019Q1 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
112000 | USD |
| CY2020Q1 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
2014000 | USD |
| CY2019Q1 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
11738000 | USD |
| CY2019Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
12146000 | USD |
| CY2020Q1 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
10430000 | USD |
| CY2019Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-740617000 | USD |
| CY2020Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-746398000 | USD |
| CY2019Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
9804000 | USD |
| CY2020Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
7759000 | USD |
| CY2020Q1 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
0 | USD |
| CY2019Q1 | us-gaap |
Revenues
Revenues
|
47277000 | USD |
| CY2020Q1 | us-gaap |
Revenues
Revenues
|
25535000 | USD |
| CY2019Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
362000 | USD |
| CY2020Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
0 | USD |
| CY2019Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
243000 | USD |
| CY2020Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
0 | USD |
| CY2019Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
38000 | USD |
| CY2020Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
56000 | USD |
| CY2020Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
145000 | USD |
| CY2019Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
38000 | USD |
| CY2020Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
56000 | USD |
| CY2019Q1 | us-gaap |
Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
|
38000 | USD |
| CY2020Q1 | us-gaap |
Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
|
66000 | USD |
| CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
277690000 | USD |
| CY2020Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
279030000 | USD |
| CY2018Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
617275000 | USD |
| CY2019Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
909507000 | USD |
| CY2019Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
278195000 | USD |
| CY2020Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
279539000 | USD |
| CY2019Q3 | us-gaap |
Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
|
0.3333 | |
| CY2020Q1 | us-gaap |
Temporary Equity Issue Period Increase Or Decrease
TemporaryEquityIssuePeriodIncreaseOrDecrease
|
71901000 | USD |
| CY2019Q4 | us-gaap |
Tenant Improvements
TenantImprovements
|
35667000 | USD |
| CY2020Q1 | us-gaap |
Tenant Improvements
TenantImprovements
|
36303000 | USD |
| CY2019Q4 | us-gaap |
Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
|
7622000 | USD |
| CY2020Q1 | us-gaap |
Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
|
7577000 | USD |
| CY2019Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
15245000 | shares |
| CY2020Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
14599000 | shares |
| CY2019Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
14598000 | shares |
| CY2020Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
14598000 | shares |
| CY2020Q1 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">ORGANIZATION AND OPERATIONS</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">CIM Commercial Trust Corporation ("CIM Commercial" or the "Company"), a Maryland corporation and real estate investment trust ("REIT"), together with its wholly-owned subsidiaries ("we," "us" or "our") primarily acquires, owns, and operates Class A and creative office assets in vibrant and improving metropolitan communities throughout the United States (including improving and developing such assets). These communities are located in areas that include traditional downtown areas and suburban main streets, which have high barriers to entry, high population density, positive population trends and a propensity for growth. We were originally organized in 1993 as PMC Commercial Trust ("PMC Commercial"), a Texas real estate investment trust.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On </font><font style="font-family:inherit;font-size:10pt;">July 8, 2013</font><font style="font-family:inherit;font-size:10pt;">, PMC Commercial entered into a merger agreement with CIM Urban REIT, LLC ("CIM REIT"), an affiliate of CIM Group, L.P. ("CIM Group" or "CIM"), and subsidiaries of the respective parties. CIM REIT was a private commercial REIT and was the owner of CIM Urban Partners, L.P. ("CIM Urban"). The merger was completed on </font><font style="font-family:inherit;font-size:10pt;">March 11, 2014</font><font style="font-family:inherit;font-size:10pt;"> (the "Acquisition Date"). </font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our common stock, </font><font style="font-family:inherit;font-size:10pt;">$0.001</font><font style="font-family:inherit;font-size:10pt;"> 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-L." Our Series L preferred stock, </font><font style="font-family:inherit;font-size:10pt;">$0.001</font><font style="font-family:inherit;font-size:10pt;"> par value per share ("Series L Preferred Stock"), is currently traded on Nasdaq and on the TASE, in each case under the ticker symbol "CMCTP." We have authorized for issuance </font><font style="font-family:inherit;font-size:10pt;">900,000,000</font><font style="font-family:inherit;font-size:10pt;"> shares of common stock and </font><font style="font-family:inherit;font-size:10pt;">100,000,000</font><font style="font-family:inherit;font-size:10pt;"> shares of preferred stock ("Preferred Stock").</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We filed Articles of Amendment (the "Reverse Stock Split Amendment") to effectuate a one-for-three reverse stock split of our Common Stock, effective on September 3, 2019 (the "Reverse Stock Split"). Pursuant to the Reverse Stock Split Amendment, every three shares of Common Stock issued and outstanding immediately prior to the effective time of the Reverse Stock Split were converted into one share of Common Stock, par value </font><font style="font-family:inherit;font-size:10pt;">$0.003</font><font style="font-family:inherit;font-size:10pt;"> per share. In connection with the Reverse Split Amendment, the Company filed Articles of Amendment to revert the par value of the Common Stock issued and outstanding from </font><font style="font-family:inherit;font-size:10pt;">$0.003</font><font style="font-family:inherit;font-size:10pt;"> per share to </font><font style="font-family:inherit;font-size:10pt;">$0.001</font><font style="font-family:inherit;font-size:10pt;"> per share, effective as of September 3, 2019, following the effective time of the Reverse Split Amendment. All Common Stock and per share of Common Stock amounts set forth in this Quarterly Report on Form 10-Q have been adjusted to give retroactive effect to the Reverse Stock Split, unless otherwise stated.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">CIM Commercial has qualified and intends to continue to qualify as a REIT, as defined in the Internal Revenue Code of 1986, as amended.</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On </font><font style="font-family:inherit;font-size:10pt;">March 16, 2020</font><font style="font-family:inherit;font-size:10pt;">, the Company established an “at the market” (“ATM”) program through which it may, from time to time in its discretion, offer and sell shares of Common Stock having an aggregate offering price of up to </font><font style="font-family:inherit;font-size:10pt;">$25,000,000</font><font style="font-family:inherit;font-size:10pt;"> through an investment banking firm acting as the sales agent. Sales of Common Stock under the ATM program may be made directly on or through Nasdaq, among other methods. The Company intends to use the net proceeds from shares sold under the ATM program, if any, for general corporate purposes, acquisitions of shares of our preferred stock, whether through one or more tender offers, share repurchases or otherwise, and acquisitions consistent with our acquisition and asset management strategies. As of </font><font style="font-family:inherit;font-size:10pt;">May 7, 2020</font><font style="font-family:inherit;font-size:10pt;">, no sales of Common Stock have been made under the ATM program.</font></div></div> | |
| CY2020Q1 | us-gaap |
Fiscal Period
FiscalPeriod
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Interim Financial Information</font><font style="font-family:inherit;font-size:10pt;">—The accompanying interim consolidated financial statements of CIM Commercial have been prepared by our 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 our management, of a normal recurring nature and necessary for a fair presentation of our financial position, results of operations and cash flows for the interim periods. Operating results for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March 31, 2020</font><font style="font-family:inherit;font-size:10pt;"> are not necessarily indicative of the results that may be expected for the year ending </font><font style="font-family:inherit;font-size:10pt;">December 31, 2020</font><font style="font-family:inherit;font-size:10pt;">. Our accompanying interim consolidated financial statements should be read in conjunction with our audited consolidated financial statements and the notes thereto, included in our Annual Report on Form 10-K filed with the SEC on </font><font style="font-family:inherit;font-size:10pt;">March 16, 2020</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div> | |
| CY2020Q1 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Reclassifications</font><font style="font-family:inherit;font-size:10pt;">—Certain prior period amounts have been reclassified to conform with the current period presentation. To comply with the current year presentation, we reclassified </font><font style="font-family:inherit;font-size:10pt;">$588,000</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$272,000</font><font style="font-family:inherit;font-size:10pt;">, related to certain funds at our hotel property, from cash to other assets as of </font><font style="font-family:inherit;font-size:10pt;">March 31, 2019</font><font style="font-family:inherit;font-size:10pt;"> and December 31, 2018, respectively, which resulted in a </font><font style="font-family:inherit;font-size:10pt;">$316,000</font><font style="font-family:inherit;font-size:10pt;"> decrease in cash provided by operating activities for the </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">March 31, 2019</font><font style="font-family:inherit;font-size:7pt;">.</font><font style="font-family:inherit;font-size:10pt;color:#ee2724;"> </font></div></div> | |
| CY2020Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</font><font style="font-family:inherit;font-size:10pt;">—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. We base such estimates on historical experience, information available at the time, and assumptions we believe to be reasonable under the circumstances and at such time, including the impact of extraordinary events such as the novel coronavirus ("COVID-19"). Actual results could differ from those estimates.</font></div></div> |
