$CSR
Centerspace Stock $csr

$csr Overview Financials Valuation SEC Filings Company Website

2023 Q2 Form 10-Q Financial Statement

#000079835923000052 Filed on May 01, 2023

Income Statement

Concept	2023 Q2	2023 Q1	2022 Q1
Revenue	$64.78M	$67.90M	$60.31M
YoY Change	2.63%	12.57%	29.3%
Cost Of Revenue	$27.29M	$2.568M	$2.253M
YoY Change	903.05%	13.98%	27.5%
Gross Profit	$37.48M	$65.33M	$58.06M
YoY Change	-37.94%	12.52%	29.37%
Gross Profit Margin	57.87%	96.22%	96.26%
Selling, General & Admin	$4.162M	$7.723M	$4.500M
YoY Change	-20.28%	71.62%	15.09%
% of Gross Profit	11.1%	11.82%	7.75%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$24.65M	$26.65M	$31.10M
YoY Change	-1.53%	-14.3%	53.6%
% of Gross Profit	65.75%	40.79%	53.56%
Operating Expenses	$28.53M	$33.72M	$35.50M
YoY Change	-4.86%	-5.03%	48.54%
Operating Profit	$8.950M	$62.60M	-$3.911M
YoY Change	133.38%	-1700.54%	-338.33%
Interest Expense	-$8.346M	$10.32M	$7.715M
YoY Change	-210.38%	33.75%	6.69%
% of Operating Profit	-93.25%	16.48%
Other Income/Expense, Net
YoY Change
Pretax Income	-$2.380M	$52.33M	-$10.56M
YoY Change	-36.41%	-595.38%	104.71%
Income Tax
% Of Pretax Income
Net Earnings	-$3.470M	$43.57M	-$8.589M
YoY Change	16.01%	-607.29%	76.47%
Net Earnings / Revenue	-5.36%	64.17%	-14.24%
Basic Earnings Per Share	-$0.23	$2.79	-$0.68
Diluted Earnings Per Share	-$0.23	$2.76	-$0.68
COMMON SHARES
Basic Shares Outstanding	14.96M shares	15.03M shares	15.10M shares
Diluted Shares Outstanding	14.95M shares	18.36M shares	15.10M shares

Balance Sheet

Concept	2023 Q2	2023 Q1	2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$9.745M	$8.939M	$13.31M
YoY Change	-25.93%	-32.86%	23.09%
Cash & Equivalents	$9.745M	$8.939M	$13.31M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$9.745M	$8.939M	$13.31M
YoY Change	-25.93%	-32.86%	23.27%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.891B	$1.902B	$1.925B
YoY Change	-1.19%	-1.22%	27.88%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$566.0K	$48.90M	$2.409M
YoY Change	-70.43%	1930.01%	50.56%
Total Long-Term Assets	$1.910B	$1.970B	$1.952B
YoY Change	-1.24%	0.91%	27.97%
TOTAL ASSETS
Total Short-Term Assets	$9.745M	$8.939M	$13.31M
Total Long-Term Assets	$1.910B	$1.970B	$1.952B
Total Assets	$1.920B	$1.979B	$1.966B
YoY Change	-1.41%	0.68%	27.94%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$56.71M	$56.64M	$50.36M
YoY Change	17.96%	12.47%	-6.57%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$56.71M	$56.64M	$50.36M
YoY Change	17.96%	12.47%	-6.57%
LONG-TERM LIABILITIES
Long-Term Debt	$881.5M	$917.9M	$866.9M
YoY Change	1.29%	5.88%	9.11%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$881.5M	$917.9M	$866.9M
YoY Change	1.29%	5.88%	9.11%
TOTAL LIABILITIES
Total Short-Term Liabilities	$56.71M	$56.64M	$50.36M
Total Long-Term Liabilities	$881.5M	$917.9M	$866.9M
Total Liabilities	$1.165B	$974.5M	$917.3M
YoY Change	26.87%	6.24%	8.12%
SHAREHOLDERS EQUITY
Retained Earnings	-$522.8M	-$508.4M	-$495.7M
YoY Change	2.2%	2.56%	11.8%
Common Stock	$1.170B	$1.176B	$1.204B
YoY Change	-3.17%	-2.3%	22.77%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$755.0M	$759.3M	$798.9M
YoY Change
Total Liabilities & Shareholders Equity	$1.920B	$1.979B	$1.966B
YoY Change	-1.41%	0.68%	27.94%

Cashflow Statement

Concept	2023 Q2	2023 Q1	2022 Q1
OPERATING ACTIVITIES
Net Income	-$3.470M	$43.57M	-$8.589M
YoY Change	16.01%	-607.29%	76.47%
Depreciation, Depletion And Amortization	$24.65M	$26.65M	$31.10M
YoY Change	-1.53%	-14.3%	53.6%
Cash From Operating Activities	$23.76M	$21.80M	$11.60M
YoY Change	3.77%	88.0%	-22.45%
INVESTING ACTIVITIES
Capital Expenditures	$13.84M	$11.24M	-$13.02M
YoY Change	-232.11%	-186.31%	-83.69%
Acquisitions
YoY Change
Other Investing Activities	-$103.0K	-$834.0K	-$288.0K
YoY Change	-70.06%	189.58%	80.0%
Cash From Investing Activities	-$13.94M	$131.2M	-$12.73M
YoY Change	28.86%	-1130.43%	-85.03%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net			$31.68M
YoY Change			168.92%
Debt Paid & Issued, Net		$20.73M
YoY Change
Cash From Financing Activities	-57.35M	-$107.0M	-$21.77M
YoY Change	350.55%	391.67%	-128.95%
NET CHANGE
Cash From Operating Activities	23.76M	$21.80M	$11.60M
Cash From Investing Activities	-13.94M	$131.2M	-$12.73M
Cash From Financing Activities	-57.35M	-$107.0M	-$21.77M
Net Change In Cash	-47.53M	$45.95M	-$22.90M
YoY Change	7190.03%	-300.63%	-547.67%
FREE CASH FLOW
Cash From Operating Activities	$23.76M	$21.80M	$11.60M
Capital Expenditures	$13.84M	$11.24M	-$13.02M
Free Cash Flow	$9.922M	$10.57M	$24.62M
YoY Change	-70.26%	-57.07%	-74.02%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000798359
CY2023Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2023Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2023Q1	dei	Amendment Flag AmendmentFlag	false
CY2023Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	segment
CY2023Q1	dei	Document Type DocumentType	10-Q
CY2023Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2023Q1	dei	Entity File Number EntityFileNumber	001-35624
CY2023Q1	dei	Entity Registrant Name EntityRegistrantName	CENTERSPACE
CY2023Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	ND
CY2023Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	45-0311232
CY2023Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	3100 10th Street SW
CY2023Q1	dei	Entity Address Address Line2 EntityAddressAddressLine2	Post Office Box 1988
CY2023Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	Minot
CY2023Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	ND
CY2023Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	58702-1988
CY2023Q1	dei	City Area Code CityAreaCode	701
CY2023Q1	dei	Local Phone Number LocalPhoneNumber	837-4738
CY2023Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2023Q1	dei	Entity Small Business EntitySmallBusiness	false
CY2023Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2023Q1	dei	Entity Shell Company EntityShellCompany	false
CY2023Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	14960425	shares
CY2023Q1	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	2420911000	usd
CY2022Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	2534124000	usd
CY2023Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	519167000	usd
CY2022Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	535401000	usd
CY2023Q1	us-gaap	Investments Investments	1901744000	usd
CY2022Q4	us-gaap	Investments Investments	1998723000	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	8939000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	10458000	usd
CY2023Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	48903000	usd
CY2022Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	1433000	usd
CY2023Q1	us-gaap	Other Assets OtherAssets	19298000	usd
CY2022Q4	us-gaap	Other Assets OtherAssets	22687000	usd
CY2023Q1	us-gaap	Assets Assets	1978884000	usd
CY2022Q4	us-gaap	Assets Assets	2033301000	usd
CY2023Q1	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	56639000	usd
CY2022Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	58812000	usd
CY2023Q1	us-gaap	Line Of Credit LineOfCredit	143469000	usd
CY2022Q4	us-gaap	Line Of Credit LineOfCredit	113500000	usd
CY2023Q1	us-gaap	Unsecured Debt UnsecuredDebt	299412000	usd
CY2022Q4	us-gaap	Unsecured Debt UnsecuredDebt	399007000	usd
CY2023Q1	us-gaap	Secured Debt SecuredDebt	474999000	usd
CY2022Q4	us-gaap	Secured Debt SecuredDebt	495126000	usd
CY2023Q1	us-gaap	Liabilities Liabilities	974519000	usd
CY2022Q4	us-gaap	Liabilities Liabilities	1066445000	usd
CY2023Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2022Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2022Q4	us-gaap	Temporary Equity Par Or Stated Value Per Share TemporaryEquityParOrStatedValuePerShare	100
CY2023Q1	us-gaap	Temporary Equity Par Or Stated Value Per Share TemporaryEquityParOrStatedValuePerShare	100
CY2022Q4	us-gaap	Temporary Equity Shares Outstanding TemporaryEquitySharesOutstanding	166000	shares
CY2023Q1	us-gaap	Temporary Equity Shares Issued TemporaryEquitySharesIssued	166000	shares
CY2023Q1	us-gaap	Temporary Equity Shares Outstanding TemporaryEquitySharesOutstanding	166000	shares
CY2022Q4	us-gaap	Temporary Equity Shares Issued TemporaryEquitySharesIssued	166000	shares
CY2022Q4	us-gaap	Temporary Equity Liquidation Preference TemporaryEquityLiquidationPreference	16560000	usd
CY2023Q1	us-gaap	Temporary Equity Liquidation Preference TemporaryEquityLiquidationPreference	16560000	usd
CY2023Q1	us-gaap	Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests	16560000	usd
CY2022Q4	us-gaap	Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests	16560000	usd
CY2022Q4	us-gaap	Preferred Stock Liquidation Preference PreferredStockLiquidationPreference	25
CY2023Q1	us-gaap	Preferred Stock Liquidation Preference PreferredStockLiquidationPreference	25
CY2022Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	3881000	shares
CY2023Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	3881000	shares
CY2022Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	3881000	shares
CY2023Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	3881000	shares
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	729537000	usd
CY2022Q4	us-gaap	Preferred Stock Liquidation Preference Value PreferredStockLiquidationPreferenceValue	97036000	usd
CY2023Q1	us-gaap	Preferred Stock Liquidation Preference Value PreferredStockLiquidationPreferenceValue	97036000	usd
CY2023Q1	us-gaap	Preferred Stock Value PreferredStockValue	93530000	usd
CY2022Q4	us-gaap	Preferred Stock Value PreferredStockValue	93530000	usd
CY2023Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	15032000	shares
CY2023Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	15032000	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	15020000	shares
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	15020000	shares
CY2023Q1	us-gaap	Common Stock Value CommonStockValue	1176059000	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	1177484000	usd
CY2023Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-508420000	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-539422000	usd
CY2023Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-1917000	usd
CY2022Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-2055000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	759252000	usd
CY2023Q1	csr	Noncontrolling Interest In Operating Partnerships And Preferred Unit Holders NoncontrollingInterestInOperatingPartnershipsAndPreferredUnitHolders	227920000	usd
CY2022Q4	csr	Noncontrolling Interest In Operating Partnerships And Preferred Unit Holders NoncontrollingInterestInOperatingPartnershipsAndPreferredUnitHolders	220132000	usd
CY2023Q1	us-gaap	Other Minority Interests OtherMinorityInterests	633000	usd
CY2022Q4	us-gaap	Other Minority Interests OtherMinorityInterests	627000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	987805000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	950296000	usd
CY2023Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1978884000	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2033301000	usd
CY2023Q1	us-gaap	Revenues Revenues	67897000	usd
CY2022Q1	us-gaap	Revenues Revenues	60314000	usd
CY2023Q1	csr	Property Operating Expenses Excluding Real Estate Taxes PropertyOperatingExpensesExcludingRealEstateTaxes	21342000	usd
CY2022Q1	csr	Property Operating Expenses Excluding Real Estate Taxes PropertyOperatingExpensesExcludingRealEstateTaxes	19014000	usd
CY2023Q1	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	7581000	usd
CY2022Q1	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	6859000	usd
CY2023Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	2568000	usd
CY2022Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	2253000	usd
CY2023Q1	csr	Insurance Gain Loss Casualty InsuranceGainLossCasualty	-252000	usd
CY2022Q1	csr	Insurance Gain Loss Casualty InsuranceGainLossCasualty	-598000	usd
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	25993000	usd
CY2022Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	31001000	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	7723000	usd
CY2022Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4500000	usd
CY2023Q1	us-gaap	Costs And Expenses CostsAndExpenses	65459000	usd
CY2022Q1	us-gaap	Costs And Expenses CostsAndExpenses	64225000	usd
CY2023Q1	us-gaap	Gain Loss On Sale Of Investments GainLossOnSaleOfInvestments	60159000	usd
CY2022Q1	us-gaap	Gain Loss On Sale Of Investments GainLossOnSaleOfInvestments	0	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	62597000	usd
CY2022Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-3911000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	10319000	usd
CY2022Q1	us-gaap	Interest Expense InterestExpense	7715000	usd
CY2023Q1	csr	Interest And Other Income Loss InterestAndOtherIncomeLoss	49000	usd
CY2022Q1	csr	Interest And Other Income Loss InterestAndOtherIncomeLoss	1063000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	52327000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	-10563000	usd
CY2023Q1	csr	Preferred Stock Dividends PreferredStockDividends	160000	usd
CY2022Q1	csr	Preferred Stock Dividends PreferredStockDividends	160000	usd
CY2023Q1	csr	Noncontrolling Interest In Net Income Loss Operating Partnerships And Preferred Unit Holders Nonredeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsAndPreferredUnitHoldersNonredeemable	8566000	usd
CY2022Q1	csr	Noncontrolling Interest In Net Income Loss Operating Partnerships And Preferred Unit Holders Nonredeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsAndPreferredUnitHoldersNonredeemable	-2157000	usd
CY2023Q1	us-gaap	Noncontrolling Interest In Net Income Loss Other Noncontrolling Interests Nonredeemable NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsNonredeemable	30000	usd
CY2022Q1	us-gaap	Noncontrolling Interest In Net Income Loss Other Noncontrolling Interests Nonredeemable NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsNonredeemable	23000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	43571000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-8589000	usd
CY2023Q1	us-gaap	Dividends Preferred Stock DividendsPreferredStock	1607000	usd
CY2022Q1	us-gaap	Dividends Preferred Stock DividendsPreferredStock	1607000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	41964000	usd
CY2022Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-10196000	usd
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.79
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.68
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.76
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.68
CY2023Q1	us-gaap	Profit Loss ProfitLoss	52327000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	-10563000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	0	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	1581000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-138000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	-304000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	52465000	usd
CY2022Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-8678000	usd
CY2023Q1	csr	Comprehensive Income Attributable To Noncontrolling Interest Operating Partnership And Preferred Unit Holders ComprehensiveIncomeAttributableToNoncontrollingInterestOperatingPartnershipAndPreferredUnitHolders	8543000	usd
CY2022Q1	csr	Comprehensive Income Attributable To Noncontrolling Interest Operating Partnership And Preferred Unit Holders ComprehensiveIncomeAttributableToNoncontrollingInterestOperatingPartnershipAndPreferredUnitHolders	-2480000	usd
CY2023Q1	us-gaap	Noncontrolling Interest In Net Income Loss Other Noncontrolling Interests Nonredeemable NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsNonredeemable	30000	usd
CY2022Q1	us-gaap	Noncontrolling Interest In Net Income Loss Other Noncontrolling Interests Nonredeemable NoncontrollingInterestInNetIncomeLossOtherNoncontrollingInterestsNonredeemable	23000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	43892000	usd
CY2022Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-6221000	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	996280000	usd
CY2022Q1	us-gaap	Income Loss Including Portion Attributable To Noncontrolling Interest IncomeLossIncludingPortionAttributableToNoncontrollingInterest	-10723000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	1885000	usd
CY2022Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.73
CY2022Q1	us-gaap	Dividends Common Stock DividendsCommonStock	11946000	usd
CY2022Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	719000	usd
CY2022Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	31684000	usd
CY2022Q1	us-gaap	Noncontrolling Interest Increase From Subsidiary Equity Issuance NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance	22882000	usd
CY2022Q1	us-gaap	Partners Capital Account Redemptions PartnersCapitalAccountRedemptions	0	usd
CY2022Q1	csr	Partners Capital Account Cash Redemptions PartnersCapitalAccountCashRedemptions	2903000	usd
CY2022Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	1274000	usd
CY2022Q1	us-gaap	Stockholders Equity Other StockholdersEquityOther	253000	usd
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1025906000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	950296000	usd
CY2023Q1	us-gaap	Income Loss Including Portion Attributable To Noncontrolling Interest IncomeLossIncludingPortionAttributableToNoncontrollingInterest	52167000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	138000	usd
CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.73
CY2023Q1	us-gaap	Dividends Common Stock DividendsCommonStock	11668000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	1519000	usd
CY2023Q1	us-gaap	Partners Capital Account Redemptions PartnersCapitalAccountRedemptions	0	usd
CY2023Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	1022000	usd
CY2023Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	161000	usd
CY2023Q1	us-gaap	Stockholders Equity Other StockholdersEquityOther	153000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	987805000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	52327000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	-10563000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	26650000	usd
CY2022Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	31096000	usd
CY2023Q1	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	60159000	usd
CY2022Q1	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	0	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1519000	usd
CY2022Q1	us-gaap	Share Based Compensation ShareBasedCompensation	719000	usd
CY2023Q1	csr	Gain Loss On Interest Rate Swap Mark To Market And Settlement Amortization GainLossOnInterestRateSwapMarkToMarketAndSettlementAmortization	-138000	usd
CY2022Q1	csr	Gain Loss On Interest Rate Swap Mark To Market And Settlement Amortization GainLossOnInterestRateSwapMarkToMarketAndSettlementAmortization	613000	usd
CY2023Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-194000	usd
CY2022Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-416000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-1783000	usd
CY2022Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-1316000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-648000	usd
CY2022Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-10773000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	21804000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	11598000	usd
CY2023Q1	csr	Proceeds From Sale Of Real Estate And Other Investments ProceedsFromSaleOfRealEstateAndOtherInvestments	141587000	usd
CY2022Q1	csr	Proceeds From Sale Of Real Estate And Other Investments ProceedsFromSaleOfRealEstateAndOtherInvestments	0	usd
CY2023Q1	us-gaap	Payments To Acquire Residential Real Estate PaymentsToAcquireResidentialRealEstate	0	usd
CY2022Q1	us-gaap	Payments To Acquire Residential Real Estate PaymentsToAcquireResidentialRealEstate	9545000	usd
CY2023Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	11237000	usd
CY2022Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	3474000	usd
CY2023Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-834000	usd
CY2022Q1	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-288000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	131184000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-12731000	usd
CY2023Q1	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	20734000	usd
CY2022Q1	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	2154000	usd
CY2023Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	35969000	usd
CY2022Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	13000000	usd
CY2023Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	6000000	usd
CY2022Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	43000000	usd
CY2023Q1	us-gaap	Repayments Of Unsecured Debt RepaymentsOfUnsecuredDebt	100000000	usd
CY2022Q1	us-gaap	Repayments Of Unsecured Debt RepaymentsOfUnsecuredDebt	0	usd
CY2023Q1	us-gaap	Payments For Derivative Instrument Financing Activities PaymentsForDerivativeInstrumentFinancingActivities	0	usd
CY2022Q1	us-gaap	Payments For Derivative Instrument Financing Activities PaymentsForDerivativeInstrumentFinancingActivities	3209000	usd
CY2023Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0	usd
CY2022Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	31684000	usd
CY2023Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	1022000	usd
CY2022Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	usd
CY2023Q1	us-gaap	Payments For Repurchase Of Redeemable Noncontrolling Interest PaymentsForRepurchaseOfRedeemableNoncontrollingInterest	0	usd
CY2022Q1	us-gaap	Payments For Repurchase Of Redeemable Noncontrolling Interest PaymentsForRepurchaseOfRedeemableNoncontrollingInterest	2903000	usd
CY2023Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	10917000	usd
CY2022Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	10812000	usd
CY2023Q1	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	1607000	usd
CY2022Q1	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	1607000	usd
CY2023Q1	csr	Payments Of Ordinary Dividends Preferred Unitholders PaymentsOfOrdinaryDividendsPreferredUnitholders	160000	usd
CY2022Q1	csr	Payments Of Ordinary Dividends Preferred Unitholders PaymentsOfOrdinaryDividendsPreferredUnitholders	160000	usd
CY2023Q1	us-gaap	Payments Of Distributions To Affiliates PaymentsOfDistributionsToAffiliates	2413000	usd
CY2022Q1	us-gaap	Payments Of Distributions To Affiliates PaymentsOfDistributionsToAffiliates	2356000	usd
CY2023Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-153000	usd
CY2022Q1	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-253000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-107037000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-21770000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	45951000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-22903000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	11891000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	38625000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	57842000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	15722000	usd
CY2023Q1	csr	Adjustments To Accounts Payable Included Within Real Estate Investments AdjustmentsToAccountsPayableIncludedWithinRealEstateInvestments	3804000	usd
CY2022Q1	csr	Adjustments To Accounts Payable Included Within Real Estate Investments AdjustmentsToAccountsPayableIncludedWithinRealEstateInvestments	2596000	usd
CY2023Q1	csr	Conversion Of Stock Amount Converted Net ConversionOfStockAmountConvertedNet	-697000	usd
CY2022Q1	csr	Conversion Of Stock Amount Converted Net ConversionOfStockAmountConvertedNet	-388000	usd
CY2023Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	11668000	usd
CY2022Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	11946000	usd
CY2023Q1	us-gaap	Conversion Of Stock Amount Converted1 ConversionOfStockAmountConverted1	935000	usd
CY2022Q1	us-gaap	Conversion Of Stock Amount Converted1 ConversionOfStockAmountConverted1	0	usd
CY2023Q1	csr	Noncash Or Part Noncash Transaction Retirement Of Shares Withheld For Taxes NoncashOrPartNoncashTransactionRetirementOfSharesWithheldForTaxes	161000	usd
CY2022Q1	csr	Noncash Or Part Noncash Transaction Retirement Of Shares Withheld For Taxes NoncashOrPartNoncashTransactionRetirementOfSharesWithheldForTaxes	1274000	usd
CY2023Q1	us-gaap	Noncash Or Part Noncash Acquisition Debt Assumed1 NoncashOrPartNoncashAcquisitionDebtAssumed1	0	usd
CY2022Q1	us-gaap	Noncash Or Part Noncash Acquisition Debt Assumed1 NoncashOrPartNoncashAcquisitionDebtAssumed1	41623000	usd
CY2023Q1	csr	Fair Value Adjustment Debt FairValueAdjustmentDebt	0	usd
CY2022Q1	csr	Fair Value Adjustment Debt FairValueAdjustmentDebt	1224000	usd
CY2023Q1	us-gaap	Noncash Or Part Noncash Acquisition Investments Acquired1 NoncashOrPartNoncashAcquisitionInvestmentsAcquired1	0	usd
CY2022Q1	us-gaap	Noncash Or Part Noncash Acquisition Investments Acquired1 NoncashOrPartNoncashAcquisitionInvestmentsAcquired1	43276000	usd
CY2023Q1	csr	Noncashor Part Noncash Acquisition Write Off Of Receivable In Exchange For Property NoncashorPartNoncashAcquisitionWriteOffOfReceivableInExchangeForProperty	0	usd
CY2022Q1	csr	Noncashor Part Noncash Acquisition Write Off Of Receivable In Exchange For Property NoncashorPartNoncashAcquisitionWriteOffOfReceivableInExchangeForProperty	43276000	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	6168000	usd
CY2022Q1	us-gaap	Interest Paid Net InterestPaidNet	7182000	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	8939000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	10458000	usd
CY2022Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	13313000	usd
CY2023Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	48903000	usd
CY2022Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	1433000	usd
CY2022Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	2409000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	57842000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	11891000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	15722000	usd
CY2023Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">USE OF ESTIMATES</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</span></div>
CY2023Q1	us-gaap	Dividends Preferred Stock DividendsPreferredStock	1607000	usd
CY2023Q1	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	RECLASSIFICATIONSCertain previously reported amounts in Note 9 have been reclassified to conform to the current financial statement presentation. These reclassifications had no impact on net income as reported in the Condensed Consolidated Statement of Operations, total assets, liabilities or equity as reported in the Condensed Consolidated Balance Sheets and total shareholder’s equity.
CY2022Q1	us-gaap	Dividends Preferred Stock DividendsPreferredStock	1607000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	41964000	usd
CY2023Q1	us-gaap	Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear	2281000	usd
CY2023Q1	us-gaap	Lessor Operating Lease Payments To Be Received Next Twelve Months LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths	2999000	usd
CY2023Q1	us-gaap	Lessor Operating Lease Payments To Be Received Two Years LessorOperatingLeasePaymentsToBeReceivedTwoYears	2953000	usd
CY2023Q1	us-gaap	Lessor Operating Lease Payments To Be Received Three Years LessorOperatingLeasePaymentsToBeReceivedThreeYears	2350000	usd
CY2023Q1	us-gaap	Lessor Operating Lease Payments To Be Received Four Years LessorOperatingLeasePaymentsToBeReceivedFourYears	1265000	usd
CY2023Q1	csr	Lessor Operating Lease Payment To Be Received After Year Four LessorOperatingLeasePaymentToBeReceivedAfterYearFour	5760000	usd
CY2023Q1	us-gaap	Lessor Operating Lease Payments To Be Received LessorOperatingLeasePaymentsToBeReceived	17608000	usd
CY2022Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-10196000	usd
CY2023Q1	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable	-8566000	usd
CY2023Q1	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	63265000	usd
CY2022Q1	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	56673000	usd
CY2023Q1	us-gaap	Variable Lease Income VariableLeaseIncome	3500000	usd
CY2022Q1	us-gaap	Variable Lease Income VariableLeaseIncome	2523000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1132000	usd
CY2022Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	1118000	usd
CY2023Q1	us-gaap	Revenues Revenues	67897000	usd
CY2022Q1	us-gaap	Revenues Revenues	60314000	usd
CY2023Q1	us-gaap	Gain Loss On Sale Of Investments GainLossOnSaleOfInvestments	60200000	usd
CY2022Q1	us-gaap	Gain Loss On Sale Of Investments GainLossOnSaleOfInvestments	0	usd
CY2023Q1	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">MARKET CONCENTRATION RISK</span></div><div style="margin-bottom:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We are subject to increased exposure from economic and other competitive factors specific to markets where we hold a significant percentage of the carrying value of our real estate portfolio. As of March 31, 2023, we held more than 10% of the carrying value of our real estate portfolio in each of the following markets: Minneapolis, Minnesota and Denver, Colorado.</span></div>
CY2022Q1	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable	2157000	usd
CY2022Q1	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	usd
CY2023Q1	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	usd
CY2023Q1	us-gaap	Advertising Expense AdvertisingExpense	702000	usd
CY2022Q1	us-gaap	Advertising Expense AdvertisingExpense	676000	usd
CY2023Q1	csr	Ratio Of Units Exchanged For Shares RatioOfUnitsExchangedForShares	1
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	43571000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-8589000	usd
CY2023Q1	csr	Payments Of Ordinary Dividends Preferred Unitholders Accrued Amount PaymentsOfOrdinaryDividendsPreferredUnitholdersAccruedAmount	160000	usd
CY2022Q1	csr	Payments Of Ordinary Dividends Preferred Unitholders Accrued Amount PaymentsOfOrdinaryDividendsPreferredUnitholdersAccruedAmount	160000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	50690000	usd
CY2022Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-12193000	usd
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	15025000	shares
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	15097000	shares
CY2023Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	968000	shares
CY2022Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	0	shares
CY2023Q1	csr	Incremental Common Shares Attributable To Conversion Of Restricted Stock IncrementalCommonSharesAttributableToConversionOfRestrictedStock	20000	shares
CY2022Q1	csr	Incremental Common Shares Attributable To Conversion Of Restricted Stock IncrementalCommonSharesAttributableToConversionOfRestrictedStock	0	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	18359000	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	15097000	shares
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	2.79
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.68
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	2.76
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.68
CY2023Q1	csr	Noncontrolling Interests In Operating Partnership Units Outstanding NoncontrollingInterestsInOperatingPartnershipUnitsOutstanding	967000	shares
CY2022Q4	csr	Noncontrolling Interests In Operating Partnership Units Outstanding NoncontrollingInterestsInOperatingPartnershipUnitsOutstanding	971000	shares
CY2022Q1	csr	Noncontrolling Interest In Operating Partnership Units Issued NoncontrollingInterestInOperatingPartnershipUnitsIssued	209000	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	15000000	shares
CY2023Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	15000000	shares
CY2022Q1	us-gaap	Sales Commissions And Fees SalesCommissionsAndFees	338000	usd
CY2022Q1	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	50000000	usd
CY2023Q1	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	19900000	usd
CY2023Q1	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	19464	shares
CY2023Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	1022000	usd
CY2023Q1	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	52.51
CY2023Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	921659000	usd
CY2023Q1	us-gaap	Debt Weighted Average Interest Rate DebtWeightedAverageInterestRate	0.0371
CY2022Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	1011777000	usd
CY2022Q4	us-gaap	Debt Weighted Average Interest Rate DebtWeightedAverageInterestRate	0.0362
CY2023Q1	csr	Debt Instrument Weighted Average Maturity DebtInstrumentWeightedAverageMaturity	P6Y21D
CY2023Q1	csr	Number Of Real Estate Properties Unencumbered NumberOfRealEstatePropertiesUnencumbered	50	apartmentcommunity
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	25995000	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	8981000	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	173350000	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	50088000	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	47088000	usd
CY2023Q1	csr	Long Term Debt Maturity After Year Four LongTermDebtMaturityAfterYearFour	616157000	usd
CY2023Q1	us-gaap	Long Term Debt LongTermDebt	921659000	usd
CY2023Q1	us-gaap	Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths	995000	usd
CY2023Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	844000	usd
CY2022Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	8300000	usd
CY2023Q1	csr	Number Of Exchange Transactions NumberOfExchangeTransactions	4	transaction
CY2023Q1	us-gaap	Revenues Revenues	67897000	usd
CY2023Q1	csr	Property Operating Expense PropertyOperatingExpense	28923000	usd
CY2023Q1	csr	Net Operating Income Loss NetOperatingIncomeLoss	38974000	usd
CY2023Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	2568000	usd
CY2023Q1	csr	Insurance Gain Loss Casualty InsuranceGainLossCasualty	-252000	usd
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	25993000	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	7723000	usd
CY2023Q1	us-gaap	Gain Loss On Sale Of Investments GainLossOnSaleOfInvestments	60159000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	10319000	usd
CY2023Q1	csr	Interest And Other Income Loss InterestAndOtherIncomeLoss	49000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	52327000	usd
CY2022Q1	us-gaap	Revenues Revenues	60314000	usd
CY2022Q1	csr	Property Operating Expense PropertyOperatingExpense	25873000	usd
CY2022Q1	csr	Net Operating Income Loss NetOperatingIncomeLoss	34441000	usd
CY2022Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	2253000	usd
CY2022Q1	csr	Insurance Gain Loss Casualty InsuranceGainLossCasualty	-598000	usd
CY2022Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	31001000	usd
CY2022Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4500000	usd
CY2022Q1	us-gaap	Interest Expense InterestExpense	7715000	usd
CY2022Q1	csr	Interest And Other Income Loss InterestAndOtherIncomeLoss	1063000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	-10563000	usd
CY2023Q1	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	2420911000	usd
CY2023Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	519167000	usd
CY2023Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	1901744000	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	8939000	usd
CY2023Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	48903000	usd
CY2023Q1	us-gaap	Other Assets OtherAssets	19298000	usd
CY2023Q1	us-gaap	Assets Assets	1978884000	usd
CY2022Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	2534124000	usd
CY2022Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	535401000	usd
CY2022Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	1998723000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	10458000	usd
CY2022Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	1433000	usd
CY2022Q4	us-gaap	Other Assets OtherAssets	22687000	usd
CY2022Q4	us-gaap	Assets Assets	2033301000	usd
CY2023Q1	csr	Number Of Real Estate Technology Venture Funds With Unfunded Commitments NumberOfRealEstateTechnologyVentureFundsWithUnfundedCommitments	2	realestatetechnologyventurefund
CY2015Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	775000	shares
CY2015Q3	csr	Share Based Compensation Arrangement By Share Based Payment Award Term Of Award ShareBasedCompensationArrangementByShareBasedPaymentAwardTermOfAward	P10Y
CY2023Q1	csr	Share Based Compensation Arrangement By Share Based Payment Award Term Of Award ShareBasedCompensationArrangementByShareBasedPaymentAwardTermOfAward	P3Y
CY2023Q1	us-gaap	Share Price SharePrice	58.67
CY2023Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1500000	usd
CY2022Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	719000	usd

Files In Submission

Name	View Source	Status
csr-20230331_def.xml	Edgar Link	unprocessable
csr-20230331_cal.xml	Edgar Link	unprocessable
0000798359-23-000052-index-headers.html	Edgar Link	pending
0000798359-23-000052-index.html	Edgar Link	pending
0000798359-23-000052.txt	Edgar Link	pending
0000798359-23-000052-xbrl.zip	Edgar Link	pending
centerspace033123-10qex311.htm	Edgar Link	pending
centerspace033123-10qex312.htm	Edgar Link	pending
centerspace033123-10qex321.htm	Edgar Link	pending
centerspace033123-10qex322.htm	Edgar Link	pending
csr-20230331.htm	Edgar Link	pending
csr-20230331.xsd	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	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
csr-20230331_lab.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
csr-20230331_pre.xml	Edgar Link	unprocessable
csr-20230331_htm.xml	Edgar Link	completed
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
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$CSR
Centerspace Stock $csr

2023 Q2 Form 10-Q Financial Statement

#000079835923000052 Filed on May 01, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CSR Centerspace Stock $csr

2023 Q2 Form 10-Q Financial Statement

#000079835923000052 Filed on May 01, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CSR
Centerspace Stock $csr