2020 Q1 Form 10-Q Financial Statement

#000149854720000023 Filed on May 15, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q1
Revenue $74.01M $109.3M
YoY Change -32.27% -0.22%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $20.53M $31.48M
YoY Change -34.79% -9.01%
% of Gross Profit
Operating Expenses $84.46M
YoY Change 25.98%
Operating Profit $7.974M $34.74M
YoY Change -77.05% -18.68%
Interest Expense $15.77M $25.89M
YoY Change -39.1%
% of Operating Profit 197.73% 74.52%
Other Income/Expense, Net -$20.15M -$25.89M
YoY Change -22.18%
Pretax Income
YoY Change
Income Tax
% Of Pretax Income
Net Earnings -$12.18M $8.817M
YoY Change -238.09% -53.69%
Net Earnings / Revenue -16.45% 8.07%
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding 311.2M shares 311.3M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2020 Q1 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $240.9M $16.20M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $3.601B $4.455B
YoY Change -19.18% -5.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due $70.80M
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities
Total Liabilities $1.702B $2.499B
YoY Change -31.88% -2.58%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $2.610B $2.610B
YoY Change 0.01% -0.02%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.718B $1.772B
YoY Change
Total Liabilities & Shareholders Equity $3.601B $4.455B
YoY Change -19.18% -5.24%

Cashflow Statement

Concept 2020 Q1 2019 Q1
OPERATING ACTIVITIES
Net Income -$12.18M $8.817M
YoY Change -238.09% -53.69%
Depreciation, Depletion And Amortization $20.53M $31.48M
YoY Change -34.79% -9.01%
Cash From Operating Activities $17.15M $39.45M
YoY Change -56.53% -29.84%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$199.5M $127.1M
YoY Change -256.92% 12476.36%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $19.51M $21.72M
YoY Change -10.17% -10.62%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$45.91M -$160.1M
YoY Change -71.33% 176.72%
NET CHANGE
Cash From Operating Activities $17.15M $39.45M
Cash From Investing Activities -$199.5M $127.1M
Cash From Financing Activities -$45.91M -$160.1M
Net Change In Cash -$228.3M $6.456M
YoY Change -3635.92% -1110.33%
FREE CASH FLOW
Cash From Operating Activities $17.15M $39.45M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2020Q1 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
56673000 USD
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
2500000 USD
CY2020Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
61000 USD
CY2019Q1 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
14997000 USD
CY2020Q1 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
11763000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-5316000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-9823000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-3844000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-10805000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
1500000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
1477000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-977000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-5321000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-9828000 USD
CY2019Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-25892000 USD
CY2020Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-20149000 USD
CY2019Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
21724000 USD
CY2020Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
19514000 USD
CY2019Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
26716000 USD
CY2020Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
29148000 USD
CY2019Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0 USD
CY2020Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
115000 USD
CY2020Q1 us-gaap Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
866000 USD
CY2019Q1 us-gaap Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
0 USD
CY2019Q1 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
1550000 USD
CY2020Q1 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
1534000 USD
CY2019Q1 us-gaap Payments To Acquire Trading Securities Heldforinvestment
PaymentsToAcquireTradingSecuritiesHeldforinvestment
0 USD
CY2020Q1 us-gaap Payments To Acquire Trading Securities Heldforinvestment
PaymentsToAcquireTradingSecuritiesHeldforinvestment
330678000 USD
CY2019Q1 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
72000 USD
CY2020Q1 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
0 USD
CY2019Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2020Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2019Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2020Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2019Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2020Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2019Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2020Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2019Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2020Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2019Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
11731000 USD
CY2020Q1 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
11954000 USD
CY2020Q1 us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
100000000 USD
CY2019Q1 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
4000 USD
CY2020Q1 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
0 USD
CY2019Q1 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
27500000 USD
CY2020Q1 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
100000000 USD
CY2019Q1 us-gaap Proceeds From Loan Originations1
ProceedsFromLoanOriginations1
7961000 USD
CY2020Q1 us-gaap Proceeds From Loan Originations1
ProceedsFromLoanOriginations1
6853000 USD
CY2019Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
124300000 USD
CY2020Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
129000000 USD
CY2019Q1 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
120652000 USD
CY2019Q1 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
120700000 USD
CY2020Q1 cmft Mortgage Notes Payable Real Estate Heldfor Sale
MortgageNotesPayableRealEstateHeldforSale
5000000 USD
CY2020Q1 cmft Number Of Nonaccrual Loans
NumberOfNonaccrualLoans
8 loan
CY2019Q4 cmft Number Of Real Estate Properties Heldfor Sale
NumberOfRealEstatePropertiesHeldforSale
29 property
CY2020Q1 cmft Number Of Real Estate Properties Heldfor Sale
NumberOfRealEstatePropertiesHeldforSale
2 property
CY2020Q1 cmft Number Of Real Estate Properties Heldfor Sale Placed Back In Service
NumberOfRealEstatePropertiesHeldforSalePlacedBackInService
15 property
CY2020Q1 cmft Numberof Operating Leases
NumberofOperatingLeases
1 lease
CY2019Q1 cmft Numberof Real Estate Properties Acquired
NumberofRealEstatePropertiesAcquired
0 property
CY2020Q1 cmft Numberof Real Estate Properties Acquired
NumberofRealEstatePropertiesAcquired
0 property
CY2019Q1 cmft Numberof Real Estate Properties Disposed
NumberofRealEstatePropertiesDisposed
34 property
CY2020Q1 cmft Numberof Real Estate Properties Disposed
NumberofRealEstatePropertiesDisposed
12 property
CY2019Q1 cmft Numberof Real Estate Properties Impaired
NumberofRealEstatePropertiesImpaired
7 property
CY2020Q1 cmft Numberof Real Estate Properties Impaired
NumberofRealEstatePropertiesImpaired
7 property
CY2020Q1 cmft Percentage Of Rentable Space Leased
PercentageOfRentableSpaceLeased
0.946
CY2019Q1 cmft Proceeds From Interest Received Capitalized
ProceedsFromInterestReceivedCapitalized
2643000 USD
CY2020Q1 cmft Proceeds From Interest Received Capitalized
ProceedsFromInterestReceivedCapitalized
539000 USD
CY2020Q1 cmft Proceeds From Issuance Of Debtand Non Cash Assumptionof Debt
ProceedsFromIssuanceOfDebtandNonCashAssumptionofDebt
100000000 USD
CY2020Q1 cmft Real Estate Held For Sale Expected Period Of Sale
RealEstateHeldForSaleExpectedPeriodOfSale
P24M
CY2020Q1 cmft Real Estate Held For Sale Placed Back In Service
RealEstateHeldForSalePlacedBackInService
228400000 USD
CY2020Q1 cmft Repayments Extinguishmentand Assumptionsof Debt Net
RepaymentsExtinguishmentandAssumptionsofDebtNet
96952000 USD
CY2020Q1 cmft Share Redemption Program Termination Notice Period
ShareRedemptionProgramTerminationNoticePeriod
P270D
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
0001498547
CY2020Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
309800000 shares
CY2020Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2020Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2020Q1 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2020Q1 dei Entity Registrant Name
EntityRegistrantName
CIM REAL ESTATE FINANCE TRUST, INC.
CY2020Q1 dei Entity Shell Company
EntityShellCompany
false
CY2020Q1 dei Entity Small Business
EntitySmallBusiness
false
CY2020Q1 srt Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
124 loan
CY2019Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
22038000 USD
CY2020Q1 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
22886000 USD
CY2019Q4 us-gaap Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
816181000 USD
CY2020Q1 us-gaap Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
878690000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-3908000 USD
CY2020Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-13736000 USD
CY2019Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
2606925000 USD
CY2020Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
2606965000 USD
CY2019Q1 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
1816000 USD
CY2020Q1 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
1399000 USD
CY2019Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
0 USD
CY2020Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-21000 USD
CY2019Q1 us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
758000 USD
CY2019Q1 cmft Accrued Deferred Financing Costs
AccruedDeferredFinancingCosts
0 USD
CY2020Q1 cmft Accrued Deferred Financing Costs
AccruedDeferredFinancingCosts
8000 USD
CY2019Q1 cmft Advisory Fees And Expenses
AdvisoryFeesAndExpenses
10019000 USD
CY2020Q1 cmft Advisory Fees And Expenses
AdvisoryFeesAndExpenses
11090000 USD
CY2019Q1 cmft Amortizationof Debt Fair Value Adjustment
AmortizationofDebtFairValueAdjustment
22000 USD
CY2020Q1 cmft Amortizationof Debt Fair Value Adjustment
AmortizationofDebtFairValueAdjustment
23000 USD
CY2019Q1 cmft Areaof Real Estate Property Impaired
AreaofRealEstatePropertyImpaired
1100000 sqft
CY2020Q1 cmft Areaof Real Estate Property Impaired
AreaofRealEstatePropertyImpaired
414000 sqft
CY2020Q1 us-gaap Amortization Of Deferred Loan Origination Fees Net
AmortizationOfDeferredLoanOriginationFeesNet
560000 USD
CY2019Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1317000 USD
CY2020Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1042000 USD
CY2020Q1 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
720000 USD
CY2019Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
20073000 USD
CY2020Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
11676000 USD
CY2019Q4 us-gaap Assets
Assets
3668623000 USD
CY2020Q1 us-gaap Assets
Assets
3600692000 USD
CY2019Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
351897000 USD
CY2020Q1 us-gaap Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
7966000 USD
CY2019Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
25800000 USD
CY2020Q1 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
30237000 USD
CY2020Q1 us-gaap Below Market Lease Amortization Income After Year Five
BelowMarketLeaseAmortizationIncomeAfterYearFive
6812000 USD
CY2020Q1 us-gaap Below Market Lease Amortization Income Remainder Of Fiscal Year
BelowMarketLeaseAmortizationIncomeRemainderOfFiscalYear
3763000 USD
CY2020Q1 us-gaap Below Market Lease Amortization Income Year Five
BelowMarketLeaseAmortizationIncomeYearFive
1650000 USD
CY2020Q1 us-gaap Below Market Lease Amortization Income Year Four
BelowMarketLeaseAmortizationIncomeYearFour
2198000 USD
CY2020Q1 us-gaap Below Market Lease Amortization Income Year Three
BelowMarketLeaseAmortizationIncomeYearThree
2609000 USD
CY2020Q1 us-gaap Below Market Lease Amortization Income Year Two
BelowMarketLeaseAmortizationIncomeYearTwo
3129000 USD
CY2019Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
20523000 USD
CY2020Q1 us-gaap Below Market Lease Net
BelowMarketLeaseNet
20161000 USD
CY2019Q1 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
191000 USD
CY2020Q1 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
252000 USD
CY2019Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
13000 USD
CY2020Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
87000 USD
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
16202000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
466024000 USD
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
240872000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
19674000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
26130000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
473355000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
245076000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
6456000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-228279000 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 Declared
CommonStockDividendsPerShareDeclared
0.15
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.15
CY2018 cmft Below Market Lease Weighted Average Useful Life
BelowMarketLeaseWeightedAverageUsefulLife
P7Y3M18D
CY2020Q1 cmft Below Market Lease Weighted Average Useful Life
BelowMarketLeaseWeightedAverageUsefulLife
P7Y
CY2019Q1 cmft Capitalized Interest Income
CapitalizedInterestIncome
2643000 USD
CY2020Q1 cmft Capitalized Interest Income
CapitalizedInterestIncome
539000 USD
CY2014Q2 cmft Common Stock Shares Deregistered Shares
CommonStockSharesDeregisteredShares
404000 shares
CY2020Q1 cmft Debt Instrument Weighted Average Yearsto Maturity1
DebtInstrumentWeightedAverageYearstoMaturity1
P2Y4M1D
CY2020Q1 cmft Debt Repayments And Modifications
DebtRepaymentsAndModifications
97129000 USD
CY2019Q4 cmft Deferred Rental Income Derivative And Other Liabilities
DeferredRentalIncomeDerivativeAndOtherLiabilities
19448000 USD
CY2020Q1 cmft Deferred Rental Income Derivative And Other Liabilities
DeferredRentalIncomeDerivativeAndOtherLiabilities
21739000 USD
CY2019Q1 cmft Exit Feesfrom Loans Heldfor Investment
ExitFeesfromLoansHeldforInvestment
80000 USD
CY2020Q1 cmft Exit Feesfrom Loans Heldfor Investment
ExitFeesfromLoansHeldforInvestment
61000 USD
CY2019Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2020Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2019Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
490000000 shares
CY2020Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
490000000 shares
CY2019Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
311207725 shares
CY2020Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
311174986 shares
CY2014Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
297400000 shares
CY2019Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
311207725 shares
CY2020Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
311174986 shares
CY2019Q4 us-gaap Common Stock Value
CommonStockValue
3112000 USD
CY2020Q1 us-gaap Common Stock Value
CommonStockValue
3112000 USD
CY2019Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
3496000 USD
CY2020Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-22003000 USD
CY2019Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
34000 USD
CY2020Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
0 USD
CY2019Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
3530000 USD
CY2020Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-22003000 USD
CY2019Q1 us-gaap Costs And Expenses
CostsAndExpenses
84457000 USD
CY2020Q1 cmft Financing Receivable Increase Decrease From Origination And Acquisition Deferred Fees Other Items
FinancingReceivableIncreaseDecreaseFromOriginationAndAcquisitionDeferredFeesOtherItems
-2000 USD
CY2020Q1 us-gaap Costs And Expenses
CostsAndExpenses
79143000 USD
CY2019Q4 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
-2002000 USD
CY2019Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1611261000 USD
CY2020Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1614132000 USD
CY2019Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
-241000 USD
CY2020Q1 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
-218000 USD
CY2020Q1 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.038
CY2019Q4 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
2301000 USD
CY2020Q1 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
2125000 USD
CY2019Q4 us-gaap Deferred Rent Asset Net Current
DeferredRentAssetNetCurrent
58374000 USD
CY2020Q1 us-gaap Deferred Rent Asset Net Current
DeferredRentAssetNetCurrent
57893000 USD
CY2019Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
31992000 USD
CY2020Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
20823000 USD
CY2020Q1 cmft Financing Receivable Increase Decrease From Origination And Acquisition Fees Receivable
FinancingReceivableIncreaseDecreaseFromOriginationAndAcquisitionFeesReceivable
2000 USD
CY2020Q1 cmft Financing Receivable Increase Decrease From Origination And Acquisition Net
FinancingReceivableIncreaseDecreaseFromOriginationAndAcquisitionNet
332497000 USD
CY2020Q1 cmft Financing Receivable Increase Decrease From Origination And Acquisition Principal Balance
FinancingReceivableIncreaseDecreaseFromOriginationAndAcquisitionPrincipalBalance
332497000 USD
CY2019Q1 cmft Gain Loss On Interest Rate Risk Hedge Ineffectiveness
GainLossOnInterestRateRiskHedgeIneffectiveness
5000 USD
CY2019Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
31481000 USD
CY2020Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
20530000 USD
CY2019Q1 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
9317000 USD
CY2020Q1 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
6865000 USD
CY2019Q1 us-gaap Dividends
Dividends
16518000 USD
CY2020Q1 us-gaap Dividends
Dividends
16463000 USD
CY2019Q1 us-gaap Dividends Common Stock
DividendsCommonStock
47963000 USD
CY2020Q1 us-gaap Dividends Common Stock
DividendsCommonStock
48332000 USD
CY2019Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
16510000 USD
CY2020Q1 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
16463000 USD
CY2020Q1 cmft Gain Loss On Interest Rate Risk Hedge Ineffectiveness
GainLossOnInterestRateRiskHedgeIneffectiveness
5000 USD
CY2019Q1 cmft Increase Decrease In Deferred Rent And Other Liabilities
IncreaseDecreaseInDeferredRentAndOtherLiabilities
-4617000 USD
CY2020Q1 cmft Increase Decrease In Deferred Rent And Other Liabilities
IncreaseDecreaseInDeferredRentAndOtherLiabilities
-7271000 USD
CY2020Q1 cmft Lease Remaining Lease Term
LeaseRemainingLeaseTerm
P13Y5M4D
CY2020Q1 cmft Lessee Operating Lease Liability Payments Due Year Six
LesseeOperatingLeaseLiabilityPaymentsDueYearSix
250000 USD
CY2020Q1 cmft Lessee Operating Lease Liability Payments Dueafter Year Six
LesseeOperatingLeaseLiabilityPaymentsDueafterYearSix
1900000 USD
CY2020Q1 cmft Lessor Operating Lease Weighted Average Remaining Lease Term
LessorOperatingLeaseWeightedAverageRemainingLeaseTerm
P8Y5M25D
CY2019Q4 cmft Loan Fees Receivable
LoanFeesReceivable
7542000 USD
CY2020Q1 cmft Loan Fees Receivable
LoanFeesReceivable
7471000 USD
CY2020Q1 cmft Loans And Leases Receivable Accretion Amortization Of Fees And Other Items
LoansAndLeasesReceivableAccretionAmortizationOfFeesAndOtherItems
581000 USD
CY2020Q1 cmft Loans And Leases Receivable Capitalized Interest
LoansAndLeasesReceivableCapitalizedInterest
539000 USD
CY2020Q1 cmft Loans And Leases Receivable Increase Decrease From Deferred Fees And Other Items
LoansAndLeasesReceivableIncreaseDecreaseFromDeferredFeesAndOtherItems
941000 USD
CY2020Q1 cmft Loans And Leases Receivable Increase Decrease From Initial Funding
LoansAndLeasesReceivableIncreaseDecreaseFromInitialFunding
6853000 USD
CY2020Q1 cmft Loans And Leases Receivable Increase Decrease From Loan Fees Receivable
LoansAndLeasesReceivableIncreaseDecreaseFromLoanFeesReceivable
73000 USD
CY2020Q1 cmft Loans And Leases Receivable Increase Decrease From Net Book Value
LoansAndLeasesReceivableIncreaseDecreaseFromNetBookValue
1014000 USD
CY2020Q1 cmft Loans Receivablewith Variable Rateof Interest Percentageof Total Loan
LoansReceivablewithVariableRateofInterestPercentageofTotalLoan
1.00
CY2019Q4 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
14458000 USD
CY2020Q1 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
12609000 USD
CY2019Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.03
CY2020Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.04
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
0 USD
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
0 USD
CY2020Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
19779000 USD
CY2020Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
19800000 USD
CY2020Q1 us-gaap Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
565000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
313127000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
328049000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
182147000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
181906000 USD
CY2019Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
9940000 USD
CY2020Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
13110000 USD
CY2019Q1 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
9940000 USD
CY2020Q1 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
13110000 USD
CY2019Q1 us-gaap Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes
9900000 USD
CY2020Q1 us-gaap Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes
13100000 USD
CY2019Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2020Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-4382000 USD
CY2019Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3447000 USD
CY2019Q1 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
20073000 USD
CY2020Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3682000 USD
CY2019Q1 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
20100000 USD
CY2020Q1 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
11676000 USD
CY2020Q1 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
11700000 USD
CY2019Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
94000 USD
CY2020Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
138000 USD
CY2019Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1921000 USD
CY2020Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1918000 USD
CY2019Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
120000 USD
CY2020Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
238000 USD
CY2019Q1 us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
-80000 USD
CY2020Q1 us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
-1849000 USD
CY2019Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
4867000 USD
CY2020Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
484000 USD
CY2019Q1 us-gaap Interest Expense
InterestExpense
25892000 USD
CY2020Q1 us-gaap Interest Expense
InterestExpense
15767000 USD
CY2019Q1 us-gaap Interest Income Operating
InterestIncomeOperating
4498000 USD
CY2020Q1 us-gaap Interest Income Operating
InterestIncomeOperating
5571000 USD
CY2020Q1 us-gaap Interest Income Operating
InterestIncomeOperating
5600000 USD
CY2019Q1 us-gaap Interest Paid Net
InterestPaidNet
24536000 USD
CY2020Q1 us-gaap Interest Paid Net
InterestPaidNet
15665000 USD
CY2020Q1 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
13700000 USD
CY2019Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
1830101000 USD
CY2020Q1 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
2015734000 USD
CY2019Q4 us-gaap Land
Land
700210000 USD
CY2020Q1 us-gaap Land
Land
746665000 USD
CY2020Q1 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.043
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
250000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
250000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
250000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
250000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
188000 USD
CY2020Q1 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
1973448000 USD
CY2020Q1 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
162681000 USD
CY2020Q1 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
182434000 USD
CY2020Q1 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
167817000 USD
CY2020Q1 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
1046488000 USD
CY2020Q1 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
201032000 USD
CY2020Q1 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
212996000 USD
CY2019Q4 us-gaap Liabilities
Liabilities
1697837000 USD
CY2020Q1 us-gaap Liabilities
Liabilities
1702486000 USD
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3668623000 USD
CY2020Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3600692000 USD
CY2019Q4 us-gaap Loans And Leases Receivable Before Fees Gross
LoansAndLeasesReceivableBeforeFeesGross
300135000 USD
CY2020Q1 us-gaap Loans And Leases Receivable Before Fees Gross
LoansAndLeasesReceivableBeforeFeesGross
626318000 USD
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
1604860000 USD
CY2020Q1 us-gaap Long Term Debt
LongTermDebt
1600000000 USD
CY2020Q1 us-gaap Long Term Debt
LongTermDebt
1608628000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingAfterYearFive
0 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
167765000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
319155000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
913963000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
97701000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
115548000 USD
CY2019Q4 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
7.77
CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-160138000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-45906000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
127147000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-199519000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
39447000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
17146000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
8817000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-12175000 USD
CY2019Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
34000 USD
CY2020Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2020Q1 us-gaap Net Rentable Area
NetRentableArea
18400000 sqft
CY2019Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
301630000 USD
CY2020Q1 us-gaap Notes Receivable Gross
NotesReceivableGross
627380000 USD
CY2020Q1 us-gaap Notes Receivable Net
NotesReceivableNet
607601000 USD
CY2019Q4 us-gaap Notes Receivable Net
NotesReceivableNet
301630000 USD
CY2020Q1 us-gaap Notes Receivable Net
NotesReceivableNet
607600000 USD
CY2020Q1 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
384 property
CY2020Q1 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
42 state
CY2019Q4 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
20523000 USD
CY2020Q1 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
20161000 USD
CY2019Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
34743000 USD
CY2020Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
7974000 USD
CY2020Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
63000 USD
CY2019Q1 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
104762000 USD
CY2020Q1 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
68436000 USD
CY2019Q1 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
89765000 USD
CY2020Q1 us-gaap Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
-26188000 USD
CY2019Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
311393554 shares
CY2020Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
311248421 shares
CY2019Q1 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
0 USD
CY2020Q1 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
177000 USD
CY2020Q1 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2668077000 USD
CY2019Q1 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
9418000 USD
CY2020Q1 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
6978000 USD
CY2019Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
139126000 USD
CY2020Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
97129000 USD
CY2019Q1 us-gaap Restricted Cash
RestrictedCash
9928000 USD
CY2019Q4 us-gaap Restricted Cash
RestrictedCash
7331000 USD
CY2019Q4 us-gaap Restricted Cash
RestrictedCash
7300000 USD
CY2020Q1 us-gaap Restricted Cash
RestrictedCash
4204000 USD
CY2020Q1 us-gaap Restricted Cash
RestrictedCash
4200000 USD
CY2020Q1 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
126600000 USD
CY2020Q1 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
126645000 USD
CY2019Q1 us-gaap Revenues
Revenues
109260000 USD
CY2020Q1 us-gaap Revenues
Revenues
74007000 USD
CY2019Q1 us-gaap Share Based Compensation
ShareBasedCompensation
32000 USD
CY2020Q1 us-gaap Share Based Compensation
ShareBasedCompensation
40000 USD
CY2019Q1 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
21247000 USD
CY2019Q1 us-gaap Profit Loss
ProfitLoss
8851000 USD
CY2020Q1 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
19231000 USD
CY2020Q1 us-gaap Profit Loss
ProfitLoss
-12175000 USD
CY2019Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
0 USD
CY2019Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
21247000 USD
CY2020Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
19231000 USD
CY2019Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
32000 USD
CY2020Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
40000 USD
CY2019Q1 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
21724000 USD
CY2020Q1 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
19514000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
1816850000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
1771871000 USD
CY2020Q1 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
3090448000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
1789948000 USD
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
1717651000 USD
CY2019Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2469335000 USD
CY2020Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
17777000 USD
CY2020Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
17800000 USD
CY2019Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
351900000 USD
CY2020Q1 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
8000000 USD
CY2019Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
374103000 USD
CY2020Q1 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
422371000 USD
CY2019Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
2843438000 USD
CY2019Q1 us-gaap Straight Line Rent
StraightLineRent
1176000 USD
CY2020Q1 us-gaap Straight Line Rent
StraightLineRent
-261000 USD
CY2019Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
180838000 USD
CY2020Q1 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
180555000 USD
CY2019Q1 us-gaap Temporary Equity Issue Period Increase Or Decrease
TemporaryEquityIssuePeriodIncreaseOrDecrease
-67000 USD
CY2020Q1 us-gaap Temporary Equity Issue Period Increase Or Decrease
TemporaryEquityIssuePeriodIncreaseOrDecrease
283000 USD
CY2019Q4 us-gaap Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
-6047000 USD
CY2020Q1 us-gaap Revenue Recognition Leases
RevenueRecognitionLeases
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Revenue Recognition</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from leasing activities</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Rental and other property income is primarily derived from fixed contractual payments from operating leases and, therefore, is generally recognized on a straight-line basis over the term of the lease, which typically begins the date the tenant takes control of the space. When the Company acquires a property, the terms of existing leases are considered to commence as of the acquisition date for the purpose of this calculation. Variable rental and other property income consists primarily of tenant reimbursements for recoverable real estate taxes and operating expenses which are included in rental and other property income in the period when such costs are incurred, with offsetting expenses in real estate taxes and property operating expenses, respectively, within the condensed consolidated statements of operations. The Company defers the recognition of variable rental and other property income, such as percentage rents, until the specific target that triggers the contingent rental income is achieved. </font></div><div style="line-height:120%;padding-bottom:12px;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company continually reviews whether collection of lease-related receivables, including any straight-line rent, and current and future operating expense reimbursements from tenants are probable. The determination of whether collectability is probable takes into consideration the tenant&#8217;s payment history, the financial condition of the tenant, business conditions in the industry in which the tenant operates and economic conditions in the area in which the property is located. Upon the determination that the collectability of a receivable is not probable, the Company will record a reduction to rental and other property income for amounts previously recorded and a decrease in the outstanding receivable. Revenue from leases where collection is deemed to be less than probable is recorded on a cash basis until collectability becomes probable. Management&#8217;s estimate of the collectability of lease-related receivables is based on the best information available to management. The Company does not use a general reserve approach and lease-related receivables are adjusted and taken against rental and other property income only when collectability becomes not probable.</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from lending activities</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Interest income from our loans held-for-investment is comprised of interest earned on loans and the accretion and amortization of net loan origination fees and discounts. Interest income on loans is accrued as earned, with the accrual of interest suspended when the related loan becomes a nonaccrual loan. Interest income on the Company&#8217;s broadly syndicated loans is accrued as earned beginning on the settlement date.</font></div></div>
CY2020Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</font></div></div>

Files In Submission

Name View Source Status
0001498547-20-000023-index-headers.html Edgar Link pending
0001498547-20-000023-index.html Edgar Link pending
0001498547-20-000023.txt Edgar Link pending
0001498547-20-000023-xbrl.zip Edgar Link pending
cmft-20200331.xml Edgar Link completed
cmft-20200331.xsd Edgar Link pending
cmft-20200331_cal.xml Edgar Link unprocessable
cmft-20200331_def.xml Edgar Link unprocessable
cmft-20200331_lab.xml Edgar Link unprocessable
cmft-20200331_pre.xml Edgar Link unprocessable
cmft331202010q.htm Edgar Link pending
cmft331202010qex311.htm Edgar Link pending
cmft331202010qex312.htm Edgar Link pending
cmft331202010qex321.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending