2023 Q4 Form 10-Q Financial Statement
#000095017023056902 Filed on October 31, 2023
Income Statement
Concept | 2023 Q4 | 2023 Q3 |
---|---|---|
Revenue | $72.62M | $72.01M |
YoY Change | -1.21% | -4.03% |
Cost Of Revenue | $25.26M | $18.75M |
YoY Change | 0.98% | 5.3% |
Gross Profit | $47.36M | $53.27M |
YoY Change | -2.33% | -6.94% |
Gross Profit Margin | 65.21% | 73.97% |
Selling, General & Admin | $6.692M | $6.110M |
YoY Change | -3.93% | 4.09% |
% of Gross Profit | 14.13% | 11.47% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $23.35M | $22.20M |
YoY Change | -5.49% | -11.38% |
% of Gross Profit | 49.3% | 41.68% |
Operating Expenses | $30.04M | $28.35M |
YoY Change | -5.14% | -8.31% |
Operating Profit | $17.32M | $24.92M |
YoY Change | 2.96% | -5.32% |
Interest Expense | -$12.10M | -$12.05M |
YoY Change | 4.64% | -2.92% |
% of Operating Profit | -69.85% | -48.34% |
Other Income/Expense, Net | ||
YoY Change | ||
Pretax Income | $4.787M | $6.080M |
YoY Change | -74.01% | 711.75% |
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | $4.287M | $5.374M |
YoY Change | -73.47% | 737.07% |
Net Earnings / Revenue | 5.9% | 7.46% |
Basic Earnings Per Share | $0.06 | |
Diluted Earnings Per Share | $0.04 | $0.06 |
COMMON SHARES | ||
Basic Shares Outstanding | 95.20M | 93.42M |
Diluted Shares Outstanding | 93.85M |
Balance Sheet
Concept | 2023 Q4 | 2023 Q3 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $9.381M | $20.70M |
YoY Change | 23.79% | 87.64% |
Cash & Equivalents | $9.381M | $20.70M |
Short-Term Investments | ||
Other Short-Term Assets | $3.000M | $3.100M |
YoY Change | -14.29% | 121.43% |
Inventory | ||
Prepaid Expenses | ||
Receivables | $66.27M | $61.10M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $113.1M | $120.2M |
YoY Change | 11.46% | 14.42% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $2.319B | $2.263B |
YoY Change | 1.48% | -8.18% |
Goodwill | ||
YoY Change | ||
Intangibles | $148.5M | $140.5M |
YoY Change | -5.61% | -21.21% |
Long-Term Investments | $284.5M | $284.5M |
YoY Change | 4.75% | 42.72% |
Other Assets | $12.56M | $12.80M |
YoY Change | 29.52% | 22.35% |
Total Long-Term Assets | $2.767B | $2.705B |
YoY Change | 1.42% | -5.3% |
TOTAL ASSETS | ||
Total Short-Term Assets | $113.1M | $120.2M |
Total Long-Term Assets | $2.767B | $2.705B |
Total Assets | $2.880B | $2.825B |
YoY Change | 1.78% | -4.6% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $80.21M | $75.80M |
YoY Change | 19.12% | 12.01% |
Accrued Expenses | ||
YoY Change | ||
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $80.21M | $75.80M |
YoY Change | 19.12% | 12.01% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $1.295B | $1.217B |
YoY Change | 3.47% | -11.22% |
Other Long-Term Liabilities | $95.19M | $97.60M |
YoY Change | -4.52% | -6.74% |
Total Long-Term Liabilities | $1.390B | $1.314B |
YoY Change | 2.88% | -10.9% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $80.21M | $75.80M |
Total Long-Term Liabilities | $1.390B | $1.314B |
Total Liabilities | $1.470B | $1.390B |
YoY Change | 3.65% | -9.89% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $112.3M | $107.9M |
YoY Change | 20.11% | 39.72% |
Common Stock | $1.784B | $1.708B |
YoY Change | 9.89% | 5.21% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $1.322B | $1.271B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $2.880B | $2.825B |
YoY Change | 1.78% | -4.6% |
Cashflow Statement
Concept | 2023 Q4 | 2023 Q3 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $4.287M | $5.374M |
YoY Change | -73.47% | 737.07% |
Depreciation, Depletion And Amortization | $23.35M | $22.20M |
YoY Change | -5.49% | -11.38% |
Cash From Operating Activities | $17.53M | $37.80M |
YoY Change | -20.87% | -4.13% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $16.00M | $8.900M |
YoY Change | 60.19% | -197.89% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$62.35M | -$18.80M |
YoY Change | -147.89% | -43.36% |
Cash From Investing Activities | -$78.35M | -$27.70M |
YoY Change | -165.18% | -34.49% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 49.30M | 1.500M |
YoY Change | -133.64% | -76.21% |
NET CHANGE | ||
Cash From Operating Activities | 17.53M | 37.80M |
Cash From Investing Activities | -78.35M | -27.70M |
Cash From Financing Activities | 49.30M | 1.500M |
Net Change In Cash | -11.51M | 11.60M |
YoY Change | 172.75% | 236.23% |
FREE CASH FLOW | ||
Cash From Operating Activities | $17.53M | $37.80M |
Capital Expenditures | $16.00M | $8.900M |
Free Cash Flow | $1.537M | $28.90M |
YoY Change | -87.37% | -40.44% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
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Q3 | ||
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--12-31 | ||
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2023-09-30 | ||
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2023 | ||
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EASTERLY GOVERNMENT PROPERTIES, INC. | ||
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MD | ||
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2001 K Street NW | ||
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Suite 775 North | ||
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WA | ||
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202 | ||
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Common Stock | ||
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WeightedAverageNumberOfSharesOutstandingBasic
|
93537121 | |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
90772706 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
92674039 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
90560471 | ||
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
93849444 | |
CY2022Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
91119372 | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
92938221 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
90886108 | ||
CY2023Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.265 | |
CY2022Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.265 | |
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.795 | ||
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.795 | ||
CY2023Q3 | us-gaap |
Profit Loss
ProfitLoss
|
6081000 | |
CY2022Q3 | us-gaap |
Profit Loss
ProfitLoss
|
749000 | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
5547000 | ||
us-gaap |
Profit Loss
ProfitLoss
|
16273000 | ||
us-gaap |
Profit Loss
ProfitLoss
|
17142000 | ||
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
|
-110000 | |
CY2022Q3 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
|
1806000 | |
us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
|
984000 | ||
us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
|
10216000 | ||
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-110000 | |
CY2022Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
1806000 | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
984000 | ||
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
10216000 | ||
CY2023Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
5971000 | |
CY2022Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
2555000 | |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
17257000 | ||
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
27358000 | ||
CY2023Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
707000 | |
CY2022Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
107000 | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
1905000 | ||
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
1962000 | ||
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
-22000 | |
CY2022Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
212000 | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
100000 | ||
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
|
1157000 | ||
CY2023Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
5286000 | |
CY2022Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
2236000 | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
15252000 | ||
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
24239000 | ||
us-gaap |
Profit Loss
ProfitLoss
|
16273000 | ||
us-gaap |
Profit Loss
ProfitLoss
|
17142000 | ||
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
67945000 | ||
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
73552000 | ||
us-gaap |
Straight Line Rent
StraightLineRent
|
2661000 | ||
us-gaap |
Straight Line Rent
StraightLineRent
|
-559000 | ||
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
4166000 | ||
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
2286000 | ||
us-gaap |
Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
|
-2052000 | ||
us-gaap |
Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
|
-2373000 | ||
dea |
Amortization Of Unearned Revenue
AmortizationOfUnearnedRevenue
|
4678000 | ||
dea |
Amortization Of Unearned Revenue
AmortizationOfUnearnedRevenue
|
4313000 | ||
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
-820000 | ||
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
-844000 | ||
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1572000 | ||
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1538000 | ||
dea |
Amortization Of Lease Inducements
AmortizationOfLeaseInducements
|
684000 | ||
dea |
Amortization Of Lease Inducements
AmortizationOfLeaseInducements
|
640000 | ||
us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
5540000 | ||
us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
9025000 | ||
us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
5432000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4625000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4891000 | ||
us-gaap |
Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
|
-408000 | ||
us-gaap |
Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
|
-544000 | ||
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
4720000 | ||
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
2689000 | ||
dea |
Increase Decrease In Payments On Operating Lease Liabilities
IncreaseDecreaseInPaymentsOnOperatingLeaseLiabilities
|
-369000 | ||
dea |
Increase Decrease In Payments On Operating Lease Liabilities
IncreaseDecreaseInPaymentsOnOperatingLeaseLiabilities
|
-314000 | ||
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
10332000 | ||
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
3984000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
96945000 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
103783000 | ||
dea |
Payments To Acquire And Develop Real Estate Net
PaymentsToAcquireAndDevelopRealEstateNet
|
957000 | ||
dea |
Payments To Acquire And Develop Real Estate Net
PaymentsToAcquireAndDevelopRealEstateNet
|
93737000 | ||
dea |
Capital Additions Made To Property Operating Properties After Acquisition
CapitalAdditionsMadeToPropertyOperatingPropertiesAfterAcquisition
|
20168000 | ||
dea |
Capital Additions Made To Property Operating Properties After Acquisition
CapitalAdditionsMadeToPropertyOperatingPropertiesAfterAcquisition
|
16128000 | ||
dea |
Capital Additions Made To Property Development Properties After Acquisition
CapitalAdditionsMadeToPropertyDevelopmentPropertiesAfterAcquisition
|
9798000 | ||
dea |
Capital Additions Made To Property Development Properties After Acquisition
CapitalAdditionsMadeToPropertyDevelopmentPropertiesAfterAcquisition
|
8804000 | ||
us-gaap |
Proceeds From Distributions Received From Real Estate Partnerships
ProceedsFromDistributionsReceivedFromRealEstatePartnerships
|
609000 | ||
us-gaap |
Payments To Acquire Real Estate And Real Estate Joint Ventures
PaymentsToAcquireRealEstateAndRealEstateJointVentures
|
17736000 | ||
us-gaap |
Payments To Acquire Real Estate And Real Estate Joint Ventures
PaymentsToAcquireRealEstateAndRealEstateJointVentures
|
71253000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-48659000 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-189313000 | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
86472000 | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
9504000 | ||
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
100750000 | ||
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
200750000 | ||
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
166250000 | ||
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
37500000 | ||
dea |
Term Loan Draws
TermLoanDraws
|
50000000 | ||
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
18912000 | ||
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
3942000 | ||
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
83774000 | ||
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
81795000 | ||
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
397000 | ||
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
136000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-32111000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
86881000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
16175000 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
1351000 | ||
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
17274000 | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
20143000 | |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
33449000 | |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
21494000 | |
us-gaap |
Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
|
1038000 | ||
us-gaap |
Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
|
850000 | ||
us-gaap |
Interest Paid Net
InterestPaidNet
|
33834000 | ||
us-gaap |
Interest Paid Net
InterestPaidNet
|
25805000 | ||
dea |
Offering Costs Accrued But Not Paid
OfferingCostsAccruedButNotPaid
|
16000 | ||
dea |
Deferred Asset Acquisition Costs Accrued But Not Paid
DeferredAssetAcquisitionCostsAccruedButNotPaid
|
92000 | ||
dea |
Contingent Consideration Accrued Not Received
ContingentConsiderationAccruedNotReceived
|
125000 | ||
us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
|
984000 | ||
us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
|
10216000 | ||
us-gaap |
Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
|
219000 | ||
us-gaap |
Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
|
17361000 | ||
dea |
Initial Recognition Of Operating Lease Right Of Use Assets
InitialRecognitionOfOperatingLeaseRightOfUseAssets
|
101000 | ||
dea |
Initial Recognition Of Liabilities Related To Operating Lease Right Of Use Assets
InitialRecognitionOfLiabilitiesRelatedToOperatingLeaseRightOfUseAssets
|
101000 | ||
dea |
Exchange Of Non Controlling Interest In Operating Partnership
ExchangeOfNonControllingInterestInOperatingPartnership
|
164000 | ||
dea |
Exchange Of Non Controlling Interest In Operating Partnership
ExchangeOfNonControllingInterestInOperatingPartnership
|
2911000 | ||
us-gaap |
Stock Issued1
StockIssued1
|
2000 | ||
dea |
Additional Paid In Capital Under Exchange Of Operating Partnership Units For Common Stock
AdditionalPaidInCapitalUnderExchangeOfOperatingPartnershipUnitsForCommonStock
|
164000 | ||
dea |
Additional Paid In Capital Under Exchange Of Operating Partnership Units For Common Stock
AdditionalPaidInCapitalUnderExchangeOfOperatingPartnershipUnitsForCommonStock
|
2909000 | ||
CY2023Q3 | us-gaap |
Land
Land
|
213592000 | |
CY2023Q3 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
2298345000 | |
CY2023Q3 | us-gaap |
Tenant Improvements
TenantImprovements
|
81666000 | |
CY2023Q3 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
41912000 | |
CY2023Q3 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
373013000 | |
CY2023Q3 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
2262502000 | |
CY2023Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
220217000 | |
CY2023Q3 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill
|
140505000 | |
CY2023Q3 | dea |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Liabilities Below Market Leases
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleLiabilitiesBelowMarketLeases
|
72037000 | |
CY2023Q3 | us-gaap |
Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
|
58587000 | |
CY2023Q3 | dea |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleLiabilities
|
13450000 | |
CY2023Q3 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
300000 | |
us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
1200000 | ||
CY2023Q3 | dea |
Above Market Lease Amortization Income Remainder Of Fiscal Year
AboveMarketLeaseAmortizationIncomeRemainderOfFiscalYear
|
292000 | |
CY2023Q3 | us-gaap |
Below Market Lease Amortization Income Remainder Of Fiscal Year
BelowMarketLeaseAmortizationIncomeRemainderOfFiscalYear
|
970000 | |
CY2023Q3 | dea |
Above Market Lease Amortization Income Next Twelve Months
AboveMarketLeaseAmortizationIncomeNextTwelveMonths
|
1129000 | |
CY2023Q3 | us-gaap |
Below Market Lease Amortization Income Next Twelve Months
BelowMarketLeaseAmortizationIncomeNextTwelveMonths
|
2938000 | |
CY2023Q3 | dea |
Above Market Lease Amortization Income Year Two
AboveMarketLeaseAmortizationIncomeYearTwo
|
1097000 | |
CY2023Q3 | us-gaap |
Below Market Lease Amortization Income Year Two
BelowMarketLeaseAmortizationIncomeYearTwo
|
2246000 | |
CY2023Q3 | dea |
Above Market Lease Amortization Income Year Three
AboveMarketLeaseAmortizationIncomeYearThree
|
1096000 | |
CY2023Q3 | us-gaap |
Below Market Lease Amortization Income Year Three
BelowMarketLeaseAmortizationIncomeYearThree
|
2008000 | |
CY2023Q3 | dea |
Above Market Lease Amortization Income Year Four
AboveMarketLeaseAmortizationIncomeYearFour
|
1096000 | |
CY2023Q3 | us-gaap |
Below Market Lease Amortization Income Year Four
BelowMarketLeaseAmortizationIncomeYearFour
|
1783000 | |
CY2023Q3 | us-gaap |
Senior Notes
SeniorNotes
|
696411000 | |
CY2023Q3 | dea |
Mortgage Notes Payable
MortgageNotesPayable
|
221448000 | |
CY2023Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
1216841000 | |
CY2023Q3 | us-gaap |
Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
|
328400000 | |
CY2023Q2 | us-gaap |
Debt Instrument Basis Spread On Variable Rate1
DebtInstrumentBasisSpreadOnVariableRate1
|
0.001 | |
CY2023Q3 | us-gaap |
Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
|
5003000 | |
us-gaap |
Derivative Instruments Gain Loss Reclassification From Accumulated Oci To Income Estimated Net Amount To Be Transferred
DerivativeInstrumentsGainLossReclassificationFromAccumulatedOCIToIncomeEstimatedNetAmountToBeTransferred
|
-4000000 | ||
CY2023Q3 | us-gaap |
Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
|
1443000 | |
CY2022Q3 | us-gaap |
Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
|
1801000 | |
us-gaap |
Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
|
5778000 | ||
us-gaap |
Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
|
8046000 | ||
CY2023Q3 | dea |
Derivative Instrument Gain Loss Reclassified From Aoci In To Income Effective Portion Statement Of Income Or Comprehensive Income
DerivativeInstrumentGainLossReclassifiedFromAociInToIncomeEffectivePortionStatementOfIncomeOrComprehensiveIncome
|
1553000 | |
CY2022Q3 | dea |
Derivative Instrument Gain Loss Reclassified From Aoci In To Income Effective Portion Statement Of Income Or Comprehensive Income
DerivativeInstrumentGainLossReclassifiedFromAociInToIncomeEffectivePortionStatementOfIncomeOrComprehensiveIncome
|
-5000 | |
dea |
Derivative Instrument Gain Loss Reclassified From Aoci In To Income Effective Portion Statement Of Income Or Comprehensive Income
DerivativeInstrumentGainLossReclassifiedFromAociInToIncomeEffectivePortionStatementOfIncomeOrComprehensiveIncome
|
4794000 | ||
dea |
Derivative Instrument Gain Loss Reclassified From Aoci In To Income Effective Portion Statement Of Income Or Comprehensive Income
DerivativeInstrumentGainLossReclassifiedFromAociInToIncomeEffectivePortionStatementOfIncomeOrComprehensiveIncome
|
-2170000 | ||
CY2023Q3 | us-gaap |
Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
|
0 | |
CY2023Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1422067000 | |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
|
1658000 | |
CY2023Q3 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.265 | |
CY2023Q3 | us-gaap |
Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
|
28155000 | |
CY2023Q3 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
33679000 | |
CY2023Q3 | dea |
Unrealized Gain Loss On Interest Rate Swaps
UnrealizedGainLossOnInterestRateSwaps
|
-110000 | |
CY2023Q3 | us-gaap |
Profit Loss
ProfitLoss
|
6081000 | |
CY2023Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1435220000 | |
CY2022Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1441995000 | |
CY2022Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
|
1625000 | |
CY2022Q3 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.265 | |
CY2022Q3 | us-gaap |
Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
|
27380000 | |
CY2022Q3 | dea |
Unrealized Gain Loss On Interest Rate Swaps
UnrealizedGainLossOnInterestRateSwaps
|
1806000 | |
CY2022Q3 | us-gaap |
Profit Loss
ProfitLoss
|
749000 | |
CY2022Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1418795000 | |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1410982000 | |
us-gaap |
Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
|
4625000 | ||
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.795 | ||
us-gaap |
Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
|
83774000 | ||
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
85911000 | ||
dea |
Contribution Of Property For Common Units
ContributionOfPropertyForCommonUnits
|
219000 | ||
dea |
Unrealized Gain Loss On Interest Rate Swaps
UnrealizedGainLossOnInterestRateSwaps
|
984000 | ||
us-gaap |
Profit Loss
ProfitLoss
|
16273000 | ||
CY2023Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1435220000 | |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1441581000 | |
us-gaap |
Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
|
4891000 | ||
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.795 | ||
us-gaap |
Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
|
81795000 | ||
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
9399000 | ||
dea |
Contribution Of Property For Common Units
ContributionOfPropertyForCommonUnits
|
17361000 | ||
dea |
Unrealized Gain Loss On Interest Rate Swaps
UnrealizedGainLossOnInterestRateSwaps
|
10216000 | ||
us-gaap |
Profit Loss
ProfitLoss
|
17142000 | ||
CY2022Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1418795000 | |
CY2021Q3 | dea |
Underwriters Option To Purchase Additional Shares
UnderwritersOptionToPurchaseAdditionalShares
|
6300000 | |
CY2023Q1 | dea |
Contribution Of Property For Common Units Shares Issued
ContributionOfPropertyForCommonUnitsSharesIssued
|
12391 | |
CY2023Q3 | us-gaap |
Profit Loss
ProfitLoss
|
6081000 | |
CY2022Q3 | us-gaap |
Profit Loss
ProfitLoss
|
749000 | |
us-gaap |
Profit Loss
ProfitLoss
|
16273000 | ||
us-gaap |
Profit Loss
ProfitLoss
|
17142000 | ||
CY2023Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
707000 | |
CY2022Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
107000 | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
1905000 | ||
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
1962000 | ||
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
5374000 | |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
642000 | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
14368000 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
15180000 | ||
CY2023Q3 | dea |
Dividends On Participating Securities
DividendsOnParticipatingSecurities
|
151000 | |
CY2022Q3 | dea |
Dividends On Participating Securities
DividendsOnParticipatingSecurities
|
137000 | |
dea |
Dividends On Participating Securities
DividendsOnParticipatingSecurities
|
450000 | ||
dea |
Dividends On Participating Securities
DividendsOnParticipatingSecurities
|
410000 | ||
CY2023Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
5223000 | |
CY2022Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
505000 | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
13918000 | ||
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
14770000 | ||
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
93537121 | |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
90772706 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
92674039 | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
90560471 | ||
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
93849444 | |
CY2022Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
91119372 | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
92938221 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
90886108 | ||
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.06 | |
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.01 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.15 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.16 | ||
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.06 | |
CY2022Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.01 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.15 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.16 | ||
dea |
Leased Property Average Age
LeasedPropertyAverageAge
|
P19Y3M18D | ||
CY2023Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
|
2076511000 | |
CY2023Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
|
54924000 | |
CY2023Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
|
214169000 | |
CY2023Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
|
205924000 | |
CY2023Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
|
199096000 | |
CY2023Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
|
187562000 | |
CY2023Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
|
1214836000 | |
CY2023Q3 | us-gaap |
Rental Income Nonoperating
RentalIncomeNonoperating
|
68205000 | |
CY2022Q3 | us-gaap |
Rental Income Nonoperating
RentalIncomeNonoperating
|
72643000 | |
us-gaap |
Rental Income Nonoperating
RentalIncomeNonoperating
|
204111000 | ||
us-gaap |
Rental Income Nonoperating
RentalIncomeNonoperating
|
214238000 | ||
CY2023Q3 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
3100000 | |
CY2023Q3 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
3100000 | |
CY2023Q3 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
175000 | |
CY2022Q3 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
121000 | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
436000 | ||
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
324000 | ||
ecd |
Trd Arr Adoption Date
TrdArrAdoptionDate
|
September 14, 2023 | ||
ecd |
Trd Arr Ind Name
TrdArrIndName
|
William C. Trimble, III | ||
ecd |
Trd Arr Ind Title
TrdArrIndTitle
|
president and chief executive officer | ||
ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
true | ||
CY2023Q3 | ecd |
Trd Arr Securities Agg Avail Amt
TrdArrSecuritiesAggAvailAmt
|
120000 |