$FSP
Franklin Street Properties Corp

2020 Q1 Form 10-K Financial Statement

#000155837020000679 Filed on February 11, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 2018 Q4
Revenue $62.98M $269.1M $66.58M
YoY Change -2.68% 0.07% -0.39%
Cost Of Revenue $17.30M $72.31M $18.65M
YoY Change -2.41% 2.27% -0.36%
Gross Profit $45.69M $196.8M $47.93M
YoY Change -2.78% -0.71% -0.4%
Gross Profit Margin 72.54% 73.13% 71.98%
Selling, General & Admin $3.525M $14.47M $13.90M
YoY Change -77.42% 10.73% 1.97%
% of Gross Profit 7.72% 7.36% 29.0%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $23.09M $93.79M $24.07M
YoY Change -3.66% -3.48% -8.48%
% of Gross Profit 50.53% 47.67% 50.23%
Operating Expenses $25.86M $105.4M $37.23M
YoY Change -33.44% -1.79% -5.23%
Operating Profit -$1.003M $91.37M $10.70M
YoY Change -18.72% 0.56% 21.04%
Interest Expense $9.063M $36.76M -$9.200M
YoY Change -3.26% -4.21% -20.35%
% of Operating Profit 40.23% -85.98%
Other Income/Expense, Net $0.00 $0.00
YoY Change -100.0%
Pretax Income -$1.003M $6.744M $1.500M
YoY Change -18.72% 1.63% -131.06%
Income Tax $68.00K $269.0K $129.0K
% Of Pretax Income 3.99% 8.6%
Net Earnings -$1.071M $6.475M $1.371M
YoY Change -11.12% -50.46% -127.81%
Net Earnings / Revenue -1.7% 2.41% 2.06%
Basic Earnings Per Share $0.06
Diluted Earnings Per Share -$9.984K $0.06 $12.79K
COMMON SHARES
Basic Shares Outstanding 107.3M 107.2M
Diluted Shares Outstanding 107.2M

Balance Sheet

Concept 2020 Q1 2019 2018 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $17.28M $9.790M $11.18M
YoY Change 95.69% -12.41% 14.05%
Cash & Equivalents $17.28M $9.790M $11.18M
Short-Term Investments
Other Short-Term Assets $7.486M $5.446M $10.40M
YoY Change -28.49% -47.63% 23.81%
Inventory
Prepaid Expenses
Receivables $71.93M $70.73M $57.94M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $96.70M $85.97M $79.52M
YoY Change 21.44% 8.11% -45.61%
LONG-TERM ASSETS
Property, Plant & Equipment $215.0K $1.639B $197.0K
YoY Change -99.99% 0.81% -99.99%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $53.25M $52.77M $47.59M
YoY Change 7.78% 10.88% 16.93%
Total Long-Term Assets $1.751B $1.757B $1.819B
YoY Change -3.35% -3.4% -1.39%
TOTAL ASSETS
Total Short-Term Assets $96.70M $85.97M $79.52M
Total Long-Term Assets $1.751B $1.757B $1.819B
Total Assets $1.848B $1.843B $1.898B
YoY Change -2.31% -2.92% -4.64%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $57.08M $66.66M $59.18M
YoY Change 9.24% 12.63% -2.98%
Accrued Expenses $3.138M $5.290M $3.043M
YoY Change -2.36% 73.84% -15.47%
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 $69.83M $81.29M $68.55M
YoY Change 12.97% 18.6% -2.08%
LONG-TERM LIABILITIES
Long-Term Debt $995.2M $964.7M $988.1M
YoY Change -0.83% -2.37% -5.13%
Other Long-Term Liabilities $25.30M $10.22M $3.795M
YoY Change 328.1% 169.2% -50.07%
Total Long-Term Liabilities $1.020B $975.0M $991.9M
YoY Change 1.09% -1.71% -5.46%
TOTAL LIABILITIES
Total Short-Term Liabilities $69.83M $81.29M $68.55M
Total Long-Term Liabilities $1.020B $975.0M $991.9M
Total Liabilities $1.090B $1.056B $1.060B
YoY Change 1.78% -0.4% -5.25%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $1.357B $1.356B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $757.3M $786.4M $837.6M
YoY Change
Total Liabilities & Shareholders Equity $1.848B $1.843B $1.898B
YoY Change -2.31% -2.92% -4.64%

Cashflow Statement

Concept 2020 Q1 2019 2018 Q4
OPERATING ACTIVITIES
Net Income -$1.071M $6.475M $1.371M
YoY Change -11.12% -50.46% -127.81%
Depreciation, Depletion And Amortization $23.09M $93.79M $24.07M
YoY Change -3.66% -3.48% -8.48%
Cash From Operating Activities $7.201M $81.92M $17.30M
YoY Change -24.06% 2.14% -34.95%
INVESTING ACTIVITIES
Capital Expenditures $20.05M $70.75M -$15.16M
YoY Change 31.73% 38.56% 22.23%
Acquisitions
YoY Change
Other Investing Activities $0.00 $51.13M $301.0K
YoY Change -100.0% -33.34% -99.07%
Cash From Investing Activities -$20.05M -$19.62M -$14.86M
YoY Change 17.31% -176.49% -175.03%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 20.35M -63.69M -1.688M
YoY Change 286.22% -39.05% -96.58%
NET CHANGE
Cash From Operating Activities 7.201M 81.92M 17.30M
Cash From Investing Activities -20.05M -19.62M -14.86M
Cash From Financing Activities 20.35M -63.69M -1.688M
Net Change In Cash 7.493M -1.387M 758.0K
YoY Change -419.53% -202.14% -126.14%
FREE CASH FLOW
Cash From Operating Activities $7.201M $81.92M $17.30M
Capital Expenditures $20.05M $70.75M -$15.16M
Free Cash Flow -$12.85M $11.17M $32.46M
YoY Change 123.88% -61.68% -16.77%

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CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
871292000
CY2018 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
15668000
CY2018 us-gaap Dividends Common Stock
DividendsCommonStock
49326000
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
837634000
CY2019 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-12972000
CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
337000
CY2019 us-gaap Dividends Common Stock
DividendsCommonStock
38603000
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
786396000
CY2019 us-gaap Profit Loss
ProfitLoss
6475000
CY2018 us-gaap Profit Loss
ProfitLoss
13069000
CY2017 us-gaap Profit Loss
ProfitLoss
-15944000
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
93787000
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
97171000
CY2017 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
103743000
CY2019 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-402000
CY2018 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-556000
CY2017 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-1031000
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
337000
CY2017 us-gaap Gain Loss On Cash Flow Hedge Ineffectiveness Net
GainLossOnCashFlowHedgeIneffectivenessNet
-1878000
CY2017 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-18481000
CY2018 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
6793000
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-3604000
CY2019 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-71000
CY2018 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-50000
CY2017 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
150000
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-158000
CY2018 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
765000
CY2017 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
160000
CY2019 us-gaap Straight Line Rent
StraightLineRent
8876000
CY2018 us-gaap Straight Line Rent
StraightLineRent
-381000
CY2017 us-gaap Straight Line Rent
StraightLineRent
1767000
CY2019 fsp Increase Decrease In Operating Lease Acquisition Costs
IncreaseDecreaseInOperatingLeaseAcquisitionCosts
3999000
CY2018 fsp Increase Decrease In Operating Lease Acquisition Costs
IncreaseDecreaseInOperatingLeaseAcquisitionCosts
1193000
CY2017 fsp Increase Decrease In Operating Lease Acquisition Costs
IncreaseDecreaseInOperatingLeaseAcquisitionCosts
2052000
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-2313000
CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1940000
CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
403000
CY2019 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
3910000
CY2018 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-4077000
CY2017 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
3870000
CY2019 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
357000
CY2018 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-598000
CY2017 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-143000
CY2019 us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
3027000
CY2018 us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
936000
CY2017 us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
28000
CY2019 us-gaap Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
15101000
CY2018 us-gaap Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
15383000
CY2017 us-gaap Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
14309000
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
81915000
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
80202000
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
95945000
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
70746000
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
51057000
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
54187000
CY2017 fsp Payments To Acquire Office Computers And Furniture
PaymentsToAcquireOfficeComputersAndFurniture
119000
CY2018 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
74931000
CY2018 fsp Equity Method Investment Distribution In Excess Of Earnings
EquityMethodInvestmentDistributionInExcessOfEarnings
710000
CY2017 fsp Equity Method Investment Distribution In Excess Of Earnings
EquityMethodInvestmentDistributionInExcessOfEarnings
1396000
CY2019 us-gaap Payments To Fund Longterm Loans To Related Parties
PaymentsToFundLongtermLoansToRelatedParties
2400000
CY2019 us-gaap Repayment Of Notes Receivable From Related Parties
RepaymentOfNotesReceivableFromRelatedParties
52060000
CY2018 us-gaap Repayment Of Notes Receivable From Related Parties
RepaymentOfNotesReceivableFromRelatedParties
1060000
CY2017 us-gaap Repayment Of Notes Receivable From Related Parties
RepaymentOfNotesReceivableFromRelatedParties
10060000
CY2017 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
37756000
CY2019 fsp Proceeds From Liquidating Trust
ProceedsFromLiquidatingTrust
1470000
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-19616000
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
25644000
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5094000
CY2019 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
38603000
CY2018 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
49326000
CY2017 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
81496000
CY2019 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
45000000
CY2018 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
38000000
CY2017 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
75000000
CY2019 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
70000000
CY2018 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
91000000
CY2017 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
277000000
CY2017 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
200000000
CY2019 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
83000
CY2018 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
2162000
CY2017 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
6902000
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-63686000
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-104488000
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-90398000
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1387000
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1358000
CY2017 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
453000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11177000
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9819000
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9366000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9790000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11177000
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9819000
CY2019 us-gaap Interest Paid Net
InterestPaidNet
34470000
CY2018 us-gaap Interest Paid Net
InterestPaidNet
35885000
CY2017 us-gaap Interest Paid Net
InterestPaidNet
29969000
CY2019 us-gaap Income Taxes Paid
IncomeTaxesPaid
508000
CY2018 us-gaap Income Taxes Paid
IncomeTaxesPaid
485000
CY2017 us-gaap Income Taxes Paid
IncomeTaxesPaid
584000
CY2019 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
11012000
CY2018 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
7361000
CY2017 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
5140000
CY2019 us-gaap Nature Of Operations
NatureOfOperations
<p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><b style="font-weight:bold;">1.   Organization</b></p><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;">Franklin Street Properties Corp. (“FSP Corp.” or the “Company”), holds, directly and indirectly, </span><span style="font-size:10pt;">100%</span><span style="font-size:10pt;"> of the interest in FSP Investments LLC, FSP </span><span style="-sec-ix-hidden:_009df11e_7e81_4b33_9851_580b2df5f5f3"><span style="color:#000000;font-family:'Times New Roman';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Property</span></span><span style="font-size:10pt;"> Management LLC, FSP </span><span style="-sec-ix-hidden:_9c18c056_6a69_4ccb_afe3_29bf823ef9e7"><span style="color:#000000;font-family:'Times New Roman';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Holdings</span></span><span style="font-size:10pt;"> LLC and FSP </span><span style="-sec-ix-hidden:_bec6d644_005f_4fe3_8cc0_80568367fe4f"><span style="color:#000000;font-family:'Times New Roman';font-size:10pt;font-style:normal;font-weight:normal;text-align:left;">Protective</span></span><span style="font-size:10pt;white-space:pre-wrap;"> TRS Corp. FSP Property Management LLC provides asset management and property management services. The Company also has a non-controlling common stock interest in </span><span style="font-size:10pt;">two</span><span style="font-size:10pt;white-space:pre-wrap;"> corporations organized to operate as real estate investment trusts (“REIT”). Collectively, the </span><span style="font-size:10pt;">two</span><span style="font-size:10pt;"> REITs are referred to as the “Sponsored REITs”.</span></p><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">As of December 31, 2019, the Company owned and operated a portfolio of real estate consisting of 32 operating properties, three redevelopment properties and two managed Sponsored REITs and held one<span style="white-space:pre-wrap;"> promissory note secured by a mortgage on real estate owned by a Sponsored REIT. From time-to-time, the Company may acquire real estate or make additional secured loans. The Company may also pursue, on a selective basis, the sale of its properties in order to take advantage of the value creation and demand for its properties, or for geographic or property specific reasons.</span></p>
CY2019Q4 fsp Number Of Rei Ts In Which Entity Holds Noncontrolling Common Stock Interest
NumberOfREITsInWhichEntityHoldsNoncontrollingCommonStockInterest
2
CY2019Q4 fsp Number Of Sponsored Reits Company Held Interest In
NumberOfSponsoredReitsCompanyHeldInterestIn
2
CY2019Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
32
CY2019Q4 fsp Number Of Properties In Redevelopment
NumberOfPropertiesInRedevelopment
3
CY2019Q4 fsp Number Of Sponsored Reits Company Held Interest In
NumberOfSponsoredReitsCompanyHeldInterestIn
2
CY2019Q4 fsp Number Of Promissory Notes Secured By Mortgages On Real Estate Owned By Sponsored Rei Ts
NumberOfPromissoryNotesSecuredByMortgagesOnRealEstateOwnedBySponsoredREITs
1
CY2019 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><i style="font-style:italic;">Estimates and Assumptions</i></p><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="white-space:pre-wrap;">The Company prepares its financial statements and related notes in conformity with generally accepted accounting principles in the United States of America (“GAAP”). These principles require 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 revenue and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates in the consolidated financial statements include the allowance for doubtful accounts, purchase price allocations, impairment considerations, useful lives of fixed assets and the valuation of derivatives.</span></p>
CY2019Q4 fsp Number Of Rei Ts In Which Entity Holds Noncontrolling Common Stock Interest
NumberOfREITsInWhichEntityHoldsNoncontrollingCommonStockInterest
2
CY2019Q4 fsp Number Of Rei Ts In Which Entity Holds Noncontrolling Preferred Stock Interest
NumberOfREITsInWhichEntityHoldsNoncontrollingPreferredStockInterest
2
CY2016 fsp Number Of Direct Acquisitions Of Properties With Leases
NumberOfDirectAcquisitionsOfPropertiesWithLeases
3
CY2015 fsp Number Of Direct Acquisitions Of Properties With Leases
NumberOfDirectAcquisitionsOfPropertiesWithLeases
1
CY2019 fsp Disposal Group Including Discontinued Operation Maximum Period For Disposal
DisposalGroupIncludingDiscontinuedOperationMaximumPeriodForDisposal
P1Y
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9790000
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
11177000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9790000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11177000
CY2019 fsp Tenant Rent Receivables Collection Period Maximum
TenantRentReceivablesCollectionPeriodMaximum
P1Y
CY2019 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><i style="font-style:italic;">Concentration of Credit Risks</i></p><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;"><span style="white-space:pre-wrap;">Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash investments, derivatives and accounts receivable. The Company maintains its cash balances principally in </span>two<span style="white-space:pre-wrap;"> banks which the Company believes to be creditworthy. The Company periodically assesses the financial condition of the banks and believes that the risk of loss is minimal. Cash balances held with various financial institutions frequently exceed the insurance limit of </span>$250,000<span style="white-space:pre-wrap;"> provided by the Federal Deposit Insurance Corporation. The derivatives that the Company has are from </span>two<span style="white-space:pre-wrap;"> interest rate swap agreements that are discussed in Note 5. The Company performs ongoing credit evaluations of its tenants and requires certain tenants to provide security deposits or letters of credit. Though these security deposits and letters of credit are insufficient to meet the total value of a tenant’s lease obligation, they are a measure of good faith and a source of funds to offset the economic costs associated with lost rent and the costs associated with re-tenanting the space. The Company has no single tenant which accounts for more than </span>10% of its annualized rent.</p>
CY2019 fsp Number Of Banks In Which Entity Maintains Cash Balances
NumberOfBanksInWhichEntityMaintainsCashBalances
2
CY2019Q4 us-gaap Derivative Number Of Instruments Held
DerivativeNumberOfInstrumentsHeld
2
CY2019Q4 fsp Deferred Rent Receivable Net Including Amounts For Assets Held For Sale
DeferredRentReceivableNetIncludingAmountsForAssetsHeldForSale
66900000
CY2018Q4 fsp Deferred Rent Receivable Net Including Amounts For Assets Held For Sale
DeferredRentReceivableNetIncludingAmountsForAssetsHeldForSale
54000000.0
CY2019 us-gaap Amortization Of Deferred Leasing Fees
AmortizationOfDeferredLeasingFees
9900000
CY2018 us-gaap Amortization Of Deferred Leasing Fees
AmortizationOfDeferredLeasingFees
8500000
CY2017 us-gaap Amortization Of Deferred Leasing Fees
AmortizationOfDeferredLeasingFees
6900000
CY2019 fsp Deferred Leasing Commissions Future Amortization Expense Year One
DeferredLeasingCommissionsFutureAmortizationExpenseYearOne
9082000
CY2019 fsp Deferred Leasing Commissions Future Amortization Expense Year Two
DeferredLeasingCommissionsFutureAmortizationExpenseYearTwo
8584000
CY2019 fsp Deferred Leasing Commissions Future Amortization Expense Year Three
DeferredLeasingCommissionsFutureAmortizationExpenseYearThree
7372000
CY2019 fsp Deferred Leasing Commissions Future Amortization Expense Year Four
DeferredLeasingCommissionsFutureAmortizationExpenseYearFour
6467000
CY2019 fsp Deferred Leasing Commissions Future Amortization Expense Year Five
DeferredLeasingCommissionsFutureAmortizationExpenseYearFive
5402000
CY2019 fsp Deferred Leasing Commissions Future Amortization Expense After Year Five
DeferredLeasingCommissionsFutureAmortizationExpenseAfterYearFive
15860000
CY2019 fsp Operating Leases Lease Revenue Excluding Reimbursable Expenses Straight Line Rent Adjustments And Amortization
OperatingLeasesLeaseRevenueExcludingReimbursableExpensesStraightLineRentAdjustmentsAndAmortization
191828000
CY2018 fsp Operating Leases Lease Revenue Excluding Reimbursable Expenses Straight Line Rent Adjustments And Amortization
OperatingLeasesLeaseRevenueExcludingReimbursableExpensesStraightLineRentAdjustmentsAndAmortization
202127000
CY2017 fsp Operating Leases Lease Revenue Excluding Reimbursable Expenses Straight Line Rent Adjustments And Amortization
OperatingLeasesLeaseRevenueExcludingReimbursableExpensesStraightLineRentAdjustmentsAndAmortization
205690000
CY2019 fsp Revenue From Tenant Reimbursements
RevenueFromTenantReimbursements
64421000
CY2018 fsp Revenue From Tenant Reimbursements
RevenueFromTenantReimbursements
61475000
CY2017 fsp Revenue From Tenant Reimbursements
RevenueFromTenantReimbursements
58777000
CY2019 us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
-8876000
CY2018 us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
381000
CY2017 us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
-1767000
CY2019 fsp Amortization Of Finite Lived Identifiable Intangible Asset Liability Net
AmortizationOfFiniteLivedIdentifiableIntangibleAssetLiabilityNet
-402000
CY2018 fsp Amortization Of Finite Lived Identifiable Intangible Asset Liability Net
AmortizationOfFiniteLivedIdentifiableIntangibleAssetLiabilityNet
-556000
CY2017 fsp Amortization Of Finite Lived Identifiable Intangible Asset Liability Net
AmortizationOfFiniteLivedIdentifiableIntangibleAssetLiabilityNet
-1031000
CY2019 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
265527000
CY2018 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
263777000
CY2017 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
267265000
CY2019 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2017 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2018 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2019 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0
CY2019 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
107233000
CY2018 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
107231000
CY2017 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
107231000
CY2019Q4 us-gaap Fair Value Hedges At Fair Value Net
FairValueHedgesAtFairValueNet
0
CY2019Q4 fsp Number Of Rei Ts In Which Entity Holds Noncontrolling Common Stock Interest
NumberOfREITsInWhichEntityHoldsNoncontrollingCommonStockInterest
2
CY2019Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
0
CY2019Q4 fsp Loans And Leases Receivable Related Parties Maximum Amount Of Loan
LoansAndLeasesReceivableRelatedPartiesMaximumAmountOfLoan
21000000
CY2019Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
21000000
CY2018Q4 fsp Number Of Rei Ts In Which Entity Holds Noncontrolling Common Stock Interest
NumberOfREITsInWhichEntityHoldsNoncontrollingCommonStockInterest
3
CY2017Q4 fsp Number Of Rei Ts In Which Entity Holds Noncontrolling Common Stock Interest
NumberOfREITsInWhichEntityHoldsNoncontrollingCommonStockInterest
6
CY2019Q4 fsp Number Of Rei Ts In Which Entity Holds Noncontrolling Preferred Stock Interest
NumberOfREITsInWhichEntityHoldsNoncontrollingPreferredStockInterest
2
CY2017 fsp Number Of Properties Owned By Sponsored Reits Sold
NumberOfPropertiesOwnedBySponsoredReitsSold
1
CY2018 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
309000
CY2017 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
2519000
CY2018 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
6793000
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-3604000
CY2018 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
300000
CY2017 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
2500000
CY2018 fsp Equity Method Investment Distribution In Excess Of Earnings
EquityMethodInvestmentDistributionInExcessOfEarnings
710000
CY2017 fsp Equity Method Investment Distribution In Excess Of Earnings
EquityMethodInvestmentDistributionInExcessOfEarnings
1396000
CY2018Q4 fsp Number Of Sponsored Reits Company Held Interest In
NumberOfSponsoredReitsCompanyHeldInterestIn
3
CY2018 fsp Number Of Sponsored Rei Ts
NumberOfSponsoredREITs
6
CY2017 fsp Number Of Sponsored Rei Ts
NumberOfSponsoredREITs
7
CY2017 fsp Number Of Sponsored Rei Ts
NumberOfSponsoredREITs
7
CY2018Q4 fsp Equity Method Investment Summarized Financial Information Real Estate Net
EquityMethodInvestmentSummarizedFinancialInformationRealEstateNet
97034000
CY2018Q4 fsp Equity Method Investment Summarized Financial Information Other Assets
EquityMethodInvestmentSummarizedFinancialInformationOtherAssets
18532000
CY2018Q4 us-gaap Equity Method Investment Summarized Financial Information Liabilities
EquityMethodInvestmentSummarizedFinancialInformationLiabilities
75382000
CY2018Q4 us-gaap Equity Method Investment Summarized Financial Information Equity
EquityMethodInvestmentSummarizedFinancialInformationEquity
40184000
CY2018 fsp Equity Method Investment Summarized Financial Information Rental Revenue
EquityMethodInvestmentSummarizedFinancialInformationRentalRevenue
40382000
CY2017 fsp Equity Method Investment Summarized Financial Information Rental Revenue
EquityMethodInvestmentSummarizedFinancialInformationRentalRevenue
53249000
CY2018 fsp Equity Method Investment Summarized Financial Information Other Revenue
EquityMethodInvestmentSummarizedFinancialInformationOtherRevenue
1000
CY2017 fsp Equity Method Investment Summarized Financial Information Other Revenue
EquityMethodInvestmentSummarizedFinancialInformationOtherRevenue
7000
CY2018 fsp Equity Method Investment Summarized Financial Information Operating And Maintenance Expense
EquityMethodInvestmentSummarizedFinancialInformationOperatingAndMaintenanceExpense
20584000
CY2017 fsp Equity Method Investment Summarized Financial Information Operating And Maintenance Expense
EquityMethodInvestmentSummarizedFinancialInformationOperatingAndMaintenanceExpense
27495000
CY2018 fsp Equity Method Investment Summarized Financial Information Depreciation And Amortization
EquityMethodInvestmentSummarizedFinancialInformationDepreciationAndAmortization
13077000
CY2017 fsp Equity Method Investment Summarized Financial Information Depreciation And Amortization
EquityMethodInvestmentSummarizedFinancialInformationDepreciationAndAmortization
18395000
CY2018 fsp Equity Method Investment Summarized Financial Information Interest Expense
EquityMethodInvestmentSummarizedFinancialInformationInterestExpense
6869000
CY2017 fsp Equity Method Investment Summarized Financial Information Interest Expense
EquityMethodInvestmentSummarizedFinancialInformationInterestExpense
8281000
CY2018 fsp Equity Method Investment Summarized Financial Information Gain Loss On Sale
EquityMethodInvestmentSummarizedFinancialInformationGainLossOnSale
17095000
CY2017 fsp Equity Method Investment Summarized Financial Information Gain Loss On Sale
EquityMethodInvestmentSummarizedFinancialInformationGainLossOnSale
-702000
CY2019 fsp Notice Period For Cancellation Of Asset Management Fee Contract
NoticePeriodForCancellationOfAssetManagementFeeContract
P30D
CY2019 us-gaap Interest And Fee Income Loans Commercial
InterestAndFeeIncomeLoansCommercial
3300000
CY2018 us-gaap Interest And Fee Income Loans Commercial
InterestAndFeeIncomeLoansCommercial
4600000
CY2017 us-gaap Interest And Fee Income Loans Commercial
InterestAndFeeIncomeLoansCommercial
4700000
CY2019Q4 us-gaap Hedged Liability Fair Value Hedge
HedgedLiabilityFairValueHedge
7700000
CY2019Q4 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
1300000
CY2016Q3 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
7043750
CY2016Q3 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
12.35
CY2016Q3 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
82900000
CY2019 fsp Maximum Ownership Percentage In Each Issuer Other Than Reit Or Trs To Maintain Reit Status
MaximumOwnershipPercentageInEachIssuerOtherThanREITOrTRSToMaintainREITStatus
0.10
CY2019 fsp Maximum Ownership In All Taxable Reit Subsidiaries As Percentage Of Assets Of Entity To Maintain Reit Status
MaximumOwnershipInAllTaxableREITSubsidiariesAsPercentageOfAssetsOfEntityToMaintainREITStatus
0.20
CY2017 fsp Maximum Ownership In All Taxable Reit Subsidiaries As Percentage Of Assets Of Entity To Maintain Reit Status
MaximumOwnershipInAllTaxableREITSubsidiariesAsPercentageOfAssetsOfEntityToMaintainREITStatus
0.25
CY2019 fsp Maximum Ownership In All Taxable Reit Subsidiaries As Percentage Of Assets Of Entity To Maintain Reit Status Including Other Non Real Estate Assets
MaximumOwnershipInAllTaxableREITSubsidiariesAsPercentageOfAssetsOfEntityToMaintainREITStatusIncludingOtherNonRealEstateAssets
0.25
CY2019Q4 fsp Operating Loss Carry Forwards Reit Subsidiary
OperatingLossCarryForwardsREITSubsidiary
4400000
CY2018Q4 fsp Operating Loss Carry Forwards Reit Subsidiary
OperatingLossCarryForwardsREITSubsidiary
4200000
CY2017Q4 fsp Operating Loss Carry Forwards Reit Subsidiary
OperatingLossCarryForwardsREITSubsidiary
4000000.0
CY2019 fsp Period Of Statute Of Limitations
PeriodOfStatuteOfLimitations
P3Y
CY2019 fsp Income Tax Reconciliation Revised Texas Franchise Tax
IncomeTaxReconciliationRevisedTexasFranchiseTax
400000
CY2018 fsp Income Tax Reconciliation Revised Texas Franchise Tax
IncomeTaxReconciliationRevisedTexasFranchiseTax
300000
CY2017 fsp Income Tax Reconciliation Revised Texas Franchise Tax
IncomeTaxReconciliationRevisedTexasFranchiseTax
400000
CY2019 fsp Operating Loss Carryforwards Expiration Period
OperatingLossCarryforwardsExpirationPeriod
P20Y
CY2017Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
13000000.0
CY2018Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
13000000.0
CY2019Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
13000000.0
CY2019 fsp Income Tax Reconciliation Revised Texas Franchise Tax
IncomeTaxReconciliationRevisedTexasFranchiseTax
394000
CY2018 fsp Income Tax Reconciliation Revised Texas Franchise Tax
IncomeTaxReconciliationRevisedTexasFranchiseTax
319000
CY2017 fsp Income Tax Reconciliation Revised Texas Franchise Tax
IncomeTaxReconciliationRevisedTexasFranchiseTax
355000
CY2019 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-125000
CY2018 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
41000
CY2017 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
45000
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
269000
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
360000
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
400000
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0
CY2019Q4 fsp Real Estate Assets Differences Between Book And Tax Basis
RealEstateAssetsDifferencesBetweenBookAndTaxBasis
195000000.0
CY2018Q4 fsp Real Estate Assets Differences Between Book And Tax Basis
RealEstateAssetsDifferencesBetweenBookAndTaxBasis
199600000
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
6475000
CY2018 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
13069000
CY2017 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-15944000
CY2019 fsp Reconciliation Of Income From Book Basis To Tax Basis Depreciation And Amortization Book Basis
ReconciliationOfIncomeFromBookBasisToTaxBasisDepreciationAndAmortizationBookBasis
90507000
CY2018 fsp Reconciliation Of Income From Book Basis To Tax Basis Depreciation And Amortization Book Basis
ReconciliationOfIncomeFromBookBasisToTaxBasisDepreciationAndAmortizationBookBasis
93675000
CY2017 fsp Reconciliation Of Income From Book Basis To Tax Basis Depreciation And Amortization Book Basis
ReconciliationOfIncomeFromBookBasisToTaxBasisDepreciationAndAmortizationBookBasis
100227000
CY2019 fsp Reconciliation Of Income From Book Basis To Tax Basis Depreciation And Amortization Tax Basis
ReconciliationOfIncomeFromBookBasisToTaxBasisDepreciationAndAmortizationTaxBasis
66376000
CY2018 fsp Reconciliation Of Income From Book Basis To Tax Basis Depreciation And Amortization Tax Basis
ReconciliationOfIncomeFromBookBasisToTaxBasisDepreciationAndAmortizationTaxBasis
62657000
CY2017 fsp Reconciliation Of Income From Book Basis To Tax Basis Depreciation And Amortization Tax Basis
ReconciliationOfIncomeFromBookBasisToTaxBasisDepreciationAndAmortizationTaxBasis
62653000
CY2017 fsp Reconciliation Of Income From Book Basis To Tax Basis On Assets Sold
ReconciliationOfIncomeFromBookBasisToTaxBasisOnAssetsSold
907000
CY2019 fsp Reconciliation Of Income From Book Basis To Tax Basis Net Rent Adjustment
ReconciliationOfIncomeFromBookBasisToTaxBasisNetRentAdjustment
-10462000
CY2018 fsp Reconciliation Of Income From Book Basis To Tax Basis Net Rent Adjustment
ReconciliationOfIncomeFromBookBasisToTaxBasisNetRentAdjustment
-1350000
CY2017 fsp Reconciliation Of Income From Book Basis To Tax Basis Net Rent Adjustment
ReconciliationOfIncomeFromBookBasisToTaxBasisNetRentAdjustment
-2977000
CY2019 fsp Reconciliation Of Income From Book Basis To Tax Basis Rental Income Deferred Net
ReconciliationOfIncomeFromBookBasisToTaxBasisRentalIncomeDeferredNet
535000
CY2018 fsp Reconciliation Of Income From Book Basis To Tax Basis Rental Income Deferred Net
ReconciliationOfIncomeFromBookBasisToTaxBasisRentalIncomeDeferredNet
210000
CY2017 fsp Reconciliation Of Income From Book Basis To Tax Basis Rental Income Deferred Net
ReconciliationOfIncomeFromBookBasisToTaxBasisRentalIncomeDeferredNet
1226000
CY2018 fsp Reconciliation Of Income From Book Basis To Tax Basis Dividends Common Stock Non Taxable
ReconciliationOfIncomeFromBookBasisToTaxBasisDividendsCommonStockNonTaxable
710000
CY2017 fsp Reconciliation Of Income From Book Basis To Tax Basis Dividends Common Stock Non Taxable
ReconciliationOfIncomeFromBookBasisToTaxBasisDividendsCommonStockNonTaxable
1289000
CY2019 fsp Reconciliation Of Income From Book Basis To Tax Basis Other
ReconciliationOfIncomeFromBookBasisToTaxBasisOther
4099000
CY2018 fsp Reconciliation Of Income From Book Basis To Tax Basis Other
ReconciliationOfIncomeFromBookBasisToTaxBasisOther
-6651000
CY2017 fsp Reconciliation Of Income From Book Basis To Tax Basis Other
ReconciliationOfIncomeFromBookBasisToTaxBasisOther
6582000
CY2019 fsp Reconciliation Of Income From Book Basis To Tax Basis Profit Loss Tax Basis
ReconciliationOfIncomeFromBookBasisToTaxBasisProfitLossTaxBasis
24778000
CY2018 fsp Reconciliation Of Income From Book Basis To Tax Basis Profit Loss Tax Basis
ReconciliationOfIncomeFromBookBasisToTaxBasisProfitLossTaxBasis
35586000
CY2017 fsp Reconciliation Of Income From Book Basis To Tax Basis Profit Loss Tax Basis
ReconciliationOfIncomeFromBookBasisToTaxBasisProfitLossTaxBasis
24265000
CY2019 fsp Net Taxable Income Loss Subject To Distribution Requirement
NetTaxableIncomeLossSubjectToDistributionRequirement
24778000
CY2018 fsp Net Taxable Income Loss Subject To Distribution Requirement
NetTaxableIncomeLossSubjectToDistributionRequirement
35586000
CY2017 fsp Net Taxable Income Loss Subject To Distribution Requirement
NetTaxableIncomeLossSubjectToDistributionRequirement
24265000
CY2019 fsp Common Stock Dividends Per Share Cash Paid Ordinary Taxable Distribution
CommonStockDividendsPerShareCashPaidOrdinaryTaxableDistribution
0.25
CY2019 fsp Common Stock Dividends Per Share Cash Paid Ordinary Taxable Distribution Percentage
CommonStockDividendsPerShareCashPaidOrdinaryTaxableDistributionPercentage
0.6996
CY2018 fsp Common Stock Dividends Per Share Cash Paid Ordinary Taxable Distribution
CommonStockDividendsPerShareCashPaidOrdinaryTaxableDistribution
0.35
CY2018 fsp Common Stock Dividends Per Share Cash Paid Ordinary Taxable Distribution Percentage
CommonStockDividendsPerShareCashPaidOrdinaryTaxableDistributionPercentage
0.7639
CY2017 fsp Common Stock Dividends Per Share Cash Paid Ordinary Taxable Distribution
CommonStockDividendsPerShareCashPaidOrdinaryTaxableDistribution
0.24
CY2017 fsp Common Stock Dividends Per Share Cash Paid Ordinary Taxable Distribution Percentage
CommonStockDividendsPerShareCashPaidOrdinaryTaxableDistributionPercentage
0.3174
CY2019 fsp Common Stock Dividends Per Share Cash Paid Return Of Capital
CommonStockDividendsPerShareCashPaidReturnOfCapital
0.11
CY2019 fsp Common Stock Dividends Per Share Cash Paid Return Of Capital Percentage
CommonStockDividendsPerShareCashPaidReturnOfCapitalPercentage
0.3004
CY2018 fsp Common Stock Dividends Per Share Cash Paid Return Of Capital
CommonStockDividendsPerShareCashPaidReturnOfCapital
0.11
CY2018 fsp Common Stock Dividends Per Share Cash Paid Return Of Capital Percentage
CommonStockDividendsPerShareCashPaidReturnOfCapitalPercentage
0.2361
CY2017 fsp Common Stock Dividends Per Share Cash Paid Return Of Capital
CommonStockDividendsPerShareCashPaidReturnOfCapital
0.52
CY2017 fsp Common Stock Dividends Per Share Cash Paid Return Of Capital Percentage
CommonStockDividendsPerShareCashPaidReturnOfCapitalPercentage
0.6826
CY2019 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.36
CY2019 fsp Common Stock Dividends Per Share Cash Paid Aggregate Percentage
CommonStockDividendsPerShareCashPaidAggregatePercentage
1
CY2018 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.46
CY2018 fsp Common Stock Dividends Per Share Cash Paid Aggregate Percentage
CommonStockDividendsPerShareCashPaidAggregatePercentage
1
CY2017 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.76
CY2017 fsp Common Stock Dividends Per Share Cash Paid Aggregate Percentage
CommonStockDividendsPerShareCashPaidAggregatePercentage
1
CY2017 fsp Common Stock Dividends Per Share Cash Paid Qualified Distribution
CommonStockDividendsPerShareCashPaidQualifiedDistribution
0.009
CY2018 fsp Common Stock Dividends Per Share Cash Paid Qualified Distribution
CommonStockDividendsPerShareCashPaidQualifiedDistribution
0.009
CY2019 fsp Common Stock Dividends Per Share Cash Paid Qualified Distribution
CommonStockDividendsPerShareCashPaidQualifiedDistribution
0.009
CY2017 fsp Common Stock Dividends Per Share Cash Paid Qualified Distribution Percentage
CommonStockDividendsPerShareCashPaidQualifiedDistributionPercentage
0.0252
CY2018 fsp Common Stock Dividends Per Share Cash Paid Qualified Distribution Percentage
CommonStockDividendsPerShareCashPaidQualifiedDistributionPercentage
0.0252
CY2019 fsp Common Stock Dividends Per Share Cash Paid Qualified Distribution Percentage
CommonStockDividendsPerShareCashPaidQualifiedDistributionPercentage
0.0252
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1800000
CY2019 fsp Lessee Operating Lease Number Of Options To Extend
LesseeOperatingLeaseNumberOfOptionsToExtend
1
CY2019Q4 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P5Y
CY2019 fsp Summary Of Lease Costs And Maturity Analysis For Liabilities
SummaryOfLeaseCostsAndMaturityAnalysisForLiabilities
<p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="background-color:#ffff00;font-size:8pt;visibility:hidden;">​</span></p><table style="border-collapse:collapse;font-size:16pt;margin-left:auto;margin-right:auto;padding-left:0pt;padding-right:0pt;width:79.99%;"><tr style="height:1pt;"><td style="vertical-align:bottom;width:80.37%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:1.76%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:15.38%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td></tr><tr><td style="background-color:auto;vertical-align:bottom;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:8pt;margin:0pt;"><b style="font-weight:bold;">Lease Costs</b></p></td><td style="background-color:auto;vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:8pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">    </b></p></td><td colspan="2" style="background-color:auto;vertical-align:bottom;white-space:nowrap;width:17.14%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:8pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">For the</b></p></td></tr><tr><td style="background-color:auto;vertical-align:bottom;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:8pt;font-weight:bold;visibility:hidden;">​</span></p></td><td style="background-color:auto;vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;text-align:center;margin:0pt;"><span style="font-size:8pt;font-weight:bold;visibility:hidden;">​</span></p></td><td colspan="2" style="background-color:auto;vertical-align:bottom;white-space:nowrap;width:17.14%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:8pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">Year Ended </b></p></td></tr><tr><td style="background-color:auto;vertical-align:bottom;width:80.37%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:8pt;margin:0pt;"><b style="font-weight:bold;">(in thousands)</b></p></td><td style="background-color:auto;vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;text-align:center;margin:0pt;"><span style="font-size:8pt;font-weight:bold;visibility:hidden;">​</span></p></td><td colspan="2" style="background-color:auto;vertical-align:bottom;white-space:nowrap;width:17.14%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:8pt;text-align:center;margin:0pt;"><b style="font-weight:bold;white-space:pre-wrap;">December 31, 2019</b></p></td></tr><tr><td style="background-color:#cceeff;vertical-align:bottom;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">Operating lease cost</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.76%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">$</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:15.38%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:right;margin:0pt 3pt 0pt 0pt;"> 419</p></td></tr><tr><td style="vertical-align:bottom;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.76%;border-bottom:3px double #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">$</p></td><td style="vertical-align:bottom;white-space:nowrap;width:15.38%;border-bottom:3px double #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:right;margin:0pt 3pt 0pt 0pt;"> 419</p></td></tr><tr><td style="background-color:#cceeff;vertical-align:bottom;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.76%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:15.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;text-align:right;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td></tr><tr><td style="vertical-align:bottom;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">Other information</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.76%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:15.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;text-align:right;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td></tr><tr><td style="background-color:#cceeff;vertical-align:bottom;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">Cash paid for amounts included in the measurement of lease liabilities</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.76%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">$</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:15.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:right;margin:0pt 3pt 0pt 0pt;"> 412</p></td></tr><tr><td style="vertical-align:bottom;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">Weighted average remaining lease terms in years - operating leases</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.76%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:15.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;text-align:right;margin:0pt 3pt 0pt 0pt;"><span style="font-size:10pt;"> 4.75</span></p></td></tr><tr><td style="background-color:#cceeff;vertical-align:bottom;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">Weighted average discount rate - operating leases</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.76%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:15.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:right;margin:0pt 3pt 0pt 0pt;">3.86%</p></td></tr><tr><td style="vertical-align:bottom;white-space:nowrap;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:11pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:11pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.76%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:11pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:15.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td></tr><tr><td style="vertical-align:bottom;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:8pt;margin:0pt;"><b style="font-weight:bold;">Maturity analysis for liabilities</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:8pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">    </b></p></td><td colspan="2" style="vertical-align:bottom;white-space:nowrap;width:17.14%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:8pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">Total</b></p></td></tr><tr><td style="vertical-align:bottom;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:8pt;font-weight:bold;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;text-align:center;margin:0pt;"><span style="font-size:8pt;font-weight:bold;visibility:hidden;">​</span></p></td><td colspan="2" style="vertical-align:bottom;white-space:nowrap;width:17.14%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:8pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">Undiscounted</b></p></td></tr><tr><td style="vertical-align:bottom;width:80.37%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:8pt;margin:0pt;"><b style="font-weight:bold;">(in thousands)</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;text-align:center;margin:0pt;"><span style="font-size:8pt;font-weight:bold;visibility:hidden;">​</span></p></td><td colspan="2" style="vertical-align:bottom;white-space:nowrap;width:17.14%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:8pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">Cash Flows</b></p></td></tr><tr><td style="background-color:#cceeff;vertical-align:bottom;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:8pt;margin:0pt;">Discount rate at commencement</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;text-align:center;margin:0pt;"><span style="font-size:8pt;font-weight:bold;visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.76%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:15.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:right;margin:0pt 3pt 0pt 0pt;">3.86%</p></td></tr><tr><td style="vertical-align:bottom;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">2020</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.76%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">$</p></td><td style="vertical-align:bottom;white-space:nowrap;width:15.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:right;margin:0pt 3pt 0pt 0pt;"> 421</p></td></tr><tr><td style="background-color:#cceeff;vertical-align:bottom;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">2021</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.76%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:15.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:right;margin:0pt 3pt 0pt 0pt;"> 429</p></td></tr><tr><td style="vertical-align:bottom;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">2022</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.76%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:15.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:right;margin:0pt 3pt 0pt 0pt;"> 438</p></td></tr><tr><td style="background-color:#cceeff;vertical-align:bottom;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">2023</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.76%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:15.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:right;margin:0pt 3pt 0pt 0pt;"> 447</p></td></tr><tr><td style="vertical-align:bottom;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">2024</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.76%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:right;margin:0pt 3pt 0pt 0pt;"> </p></td><td style="vertical-align:bottom;white-space:nowrap;width:15.38%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:right;margin:0pt 3pt 0pt 0pt;"> 340</p></td></tr><tr><td style="background-color:#cceeff;vertical-align:bottom;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.76%;border-bottom:3px double #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">$</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:15.38%;border-bottom:3px double #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:right;margin:0pt 3pt 0pt 0pt;"> 2,075</p></td></tr><tr><td style="vertical-align:bottom;white-space:nowrap;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.76%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:15.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td></tr><tr><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">Present value lease liability</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.76%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">$</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:15.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:right;margin:0pt 3pt 0pt 0pt;"> 1,890</p></td></tr><tr><td style="vertical-align:bottom;white-space:nowrap;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.76%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:15.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td></tr><tr><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">Difference between undiscounted cash flows and discounted cash flows</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.76%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">$</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:15.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:right;margin:0pt 3pt 0pt 0pt;"> 185</p></td></tr></table>
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
419000
CY2019 us-gaap Lease Cost
LeaseCost
419000
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
412000
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y9M
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0386
CY2019Q4 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.0386
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
421000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
429000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
438000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
447000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
340000
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
2075000
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
1890000
CY2019Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
185000
CY2019 fsp Summary Of Income Relating To Lease Payments And Undiscounted Cash Flows
SummaryOfIncomeRelatingToLeasePaymentsAndUndiscountedCashFlows
<p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="background-color:#ffff00;font-size:10pt;visibility:hidden;">​</span></p><table style="border-collapse:collapse;font-size:16pt;margin-left:auto;margin-right:auto;padding-left:0pt;padding-right:0pt;width:79.99%;"><tr style="height:1pt;"><td style="vertical-align:bottom;width:80.37%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:1.76%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:nowrap;width:15.38%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td></tr><tr><td style="background-color:auto;vertical-align:bottom;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:8pt;margin:0pt;"><b style="font-weight:bold;">Income relating to lease payments:</b></p></td><td style="background-color:auto;vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:8pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">    </b></p></td><td colspan="2" style="background-color:auto;vertical-align:bottom;white-space:nowrap;width:17.14%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:8pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">For the</b></p></td></tr><tr><td style="background-color:auto;vertical-align:bottom;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:8pt;font-weight:bold;visibility:hidden;">​</span></p></td><td style="background-color:auto;vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;text-align:center;margin:0pt;"><span style="font-size:8pt;font-weight:bold;visibility:hidden;">​</span></p></td><td colspan="2" style="background-color:auto;vertical-align:bottom;white-space:nowrap;width:17.14%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:8pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">Year Ended </b></p></td></tr><tr><td style="background-color:auto;vertical-align:bottom;width:80.37%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:8pt;margin:0pt;"><b style="font-weight:bold;">(in thousands)</b></p></td><td style="background-color:auto;vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;text-align:center;margin:0pt;"><span style="font-size:8pt;font-weight:bold;visibility:hidden;">​</span></p></td><td colspan="2" style="background-color:auto;vertical-align:bottom;white-space:nowrap;width:17.14%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:8pt;text-align:center;margin:0pt;"><b style="font-weight:bold;white-space:pre-wrap;">December 31, 2019</b></p></td></tr><tr><td style="background-color:#cceeff;vertical-align:bottom;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">Income from leases (1)</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.76%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">$</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:15.38%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:right;margin:0pt 3pt 0pt 0pt;"> 256,250</p></td></tr><tr><td style="vertical-align:bottom;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.76%;border-bottom:3px double #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">$</p></td><td style="vertical-align:bottom;white-space:nowrap;width:15.38%;border-bottom:3px double #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:right;margin:0pt 3pt 0pt 0pt;"> 256,250</p></td></tr><tr><td style="vertical-align:bottom;white-space:nowrap;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:11pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:11pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.76%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:11pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:15.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:11pt;visibility:hidden;">​</span></p></td></tr><tr><td style="vertical-align:bottom;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:8pt;margin:0pt;"><b style="font-weight:bold;">Undiscounted Cash Flows</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:8pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">    </b></p></td><td colspan="2" style="vertical-align:bottom;white-space:nowrap;width:17.14%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:8pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">Year ending</b></p></td></tr><tr><td style="vertical-align:bottom;width:80.37%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:8pt;margin:0pt;"><b style="font-weight:bold;">(in thousands)</b></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;text-align:center;margin:0pt;"><span style="font-size:8pt;font-weight:bold;visibility:hidden;">​</span></p></td><td colspan="2" style="vertical-align:bottom;white-space:nowrap;width:17.14%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:8pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">December 31,</b></p></td></tr><tr><td style="background-color:#cceeff;vertical-align:bottom;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">2020</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.76%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">$</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:15.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:right;margin:0pt 3pt 0pt 0pt;"> 171,874</p></td></tr><tr><td style="vertical-align:bottom;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">2021</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.76%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:15.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:right;margin:0pt 3pt 0pt 0pt;"> 169,399</p></td></tr><tr><td style="background-color:#cceeff;vertical-align:bottom;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">2022</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.76%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:15.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:right;margin:0pt 3pt 0pt 0pt;"> 144,949</p></td></tr><tr><td style="vertical-align:bottom;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">2023</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.76%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:15.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:right;margin:0pt 3pt 0pt 0pt;"> 129,900</p></td></tr><tr><td style="background-color:#cceeff;vertical-align:bottom;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">2024</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.76%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:15.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:right;margin:0pt 3pt 0pt 0pt;"> 115,271</p></td></tr><tr><td style="vertical-align:bottom;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">2025 and thereafter</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.76%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:right;margin:0pt 3pt 0pt 0pt;"> </p></td><td style="vertical-align:bottom;white-space:nowrap;width:15.38%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:right;margin:0pt 3pt 0pt 0pt;"> 360,408</p></td></tr><tr><td style="background-color:#cceeff;vertical-align:bottom;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:1.76%;border-bottom:3px double #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;margin:0pt;">$</p></td><td style="background-color:#cceeff;vertical-align:bottom;white-space:nowrap;width:15.38%;border-bottom:3px double #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:10pt;text-align:right;margin:0pt 3pt 0pt 0pt;"> 1,091,801</p></td></tr><tr><td style="vertical-align:bottom;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.76%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:15.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;text-align:right;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td></tr><tr><td style="vertical-align:bottom;width:80.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:8pt;margin:0pt;">(1) Amount from variable lease payments $64,421</p></td><td style="vertical-align:bottom;white-space:nowrap;width:2.48%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:1.76%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:nowrap;width:15.38%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman';font-size:12pt;text-align:right;margin:0pt;"><span style="font-size:10pt;visibility:hidden;">​</span></p></td></tr></table>
CY2019 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
256250000
CY2019 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
256250000
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
171874000
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
169399000
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
144949000
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
129900000
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
115271000
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
360408000
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
1091801000
CY2019 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
64421000
CY2019 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Amount
DefinedContributionPlanMaximumAnnualContributionsPerEmployeeAmount
17000
CY2019 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
0.03
CY2019 fsp Defined Contribution Plan Employer Maximum Matching Contribution
DefinedContributionPlanEmployerMaximumMatchingContribution
200000
CY2019 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
200000
CY2018 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
100000
CY2017 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
100000
CY2019Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
64716000
CY2019Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
66813000
CY2019Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
68539000
CY2019Q4 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
68997000
CY2019Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1205000
CY2019Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1633000
CY2019Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2399000
CY2019Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
3648000
CY2019Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.01
CY2019Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.02
CY2019Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.02
CY2019Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.03
CY2019Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
107231000
CY2019Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
107231000
CY2019Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
107231000
CY2019Q4 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
107240000
CY2018Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
66893000
CY2018Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
66694000
CY2018Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
68705000
CY2018Q4 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
66578000
CY2018Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1425000
CY2018Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
665000
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
9608000
CY2018Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1371000
CY2018Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.01
CY2018Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.01
CY2018Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.09
CY2018Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.01
CY2018Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
107231000
CY2018Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
107231000
CY2018Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
107231000
CY2018Q4 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
107231000
CY2019Q4 srt Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
0
CY2019Q4 srt Real Estate Federal Income Tax Basis
RealEstateFederalIncomeTaxBasis
2355479
CY2018Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
2058352000
CY2017Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
2008823000
CY2016Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
2027520000
CY2019 us-gaap Real Estate Improvements
RealEstateImprovements
74324000
CY2018 us-gaap Real Estate Improvements
RealEstateImprovements
53279000
CY2017 us-gaap Real Estate Improvements
RealEstateImprovements
54097000
CY2019 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
4769000
CY2018 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
3750000
CY2017 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
72794000
CY2019Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
2127907000
CY2018Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
2058352000
CY2017Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
2008823000
CY2018Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
432579000
CY2017Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
376131000
CY2016Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
338506000
CY2019 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
62887000
CY2018 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
60198000
CY2017 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
57312000
CY2019 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
4769000
CY2018 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
3750000
CY2017 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
19687000
CY2019Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
490697000
CY2018Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
432579000
CY2017Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
376131000

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