$GOOD
GLADSTONE COMMERCIAL CORP Stock $good

$good Overview Financials Valuation SEC Filings Company Website

2016 Q2 Form 10-Q Financial Statement

#000123400616000003 Filed on July 25, 2016

Income Statement

Concept	2016 Q2	2015 Q2
Revenue	$21.25M	$20.69M
YoY Change	2.7%	12.5%
Cost Of Revenue	$2.290M	$2.040M
YoY Change	12.25%	3.55%
Gross Profit	$18.96M	$18.64M
YoY Change	1.72%	13.52%
Gross Profit Margin	89.24%	90.1%
Selling, General & Admin	$1.630M	$2.670M
YoY Change	-38.95%	286.96%
% of Gross Profit	8.6%	14.32%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$9.210M	$8.940M
YoY Change	3.02%	30.13%
% of Gross Profit	48.58%	47.96%
Operating Expenses	$13.43M	$12.60M
YoY Change	6.65%	12.03%
Operating Profit	$5.527M	$6.045M
YoY Change	-8.57%	16.77%
Interest Expense	$6.579M	$6.999M
YoY Change	-6.0%	7.53%
% of Operating Profit	119.03%	115.78%
Other Income/Expense, Net	-$6.931M	-$7.662M
YoY Change	-9.54%	29.25%
Pretax Income	$880.0K	$430.0K
YoY Change	104.65%	-64.75%
Income Tax	$0.00
% Of Pretax Income	0.0%
Net Earnings	$883.0K	$431.0K
YoY Change	104.87%	-64.64%
Net Earnings / Revenue	4.16%	2.08%
Basic Earnings Per Share	-$0.03	-$0.04
Diluted Earnings Per Share	-$0.03	-$0.04
COMMON SHARES
Basic Shares Outstanding	22.68M shares	20.83M shares
Diluted Shares Outstanding	22.68M shares	20.83M shares

Balance Sheet

Concept	2016 Q2	2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$4.000M	$3.300M
YoY Change	21.21%	37.5%
Cash & Equivalents	$3.993M	$3.297M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory	$3.800M	$2.200M
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$7.800M	$5.500M
YoY Change	41.82%	129.17%
LONG-TERM ASSETS
Property, Plant & Equipment	$667.4M	$661.6M
YoY Change	0.88%	11.1%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$38.70M	$47.90M
YoY Change	-19.21%	10.88%
Total Long-Term Assets	$810.5M	$824.8M
YoY Change	-1.74%	12.51%
TOTAL ASSETS
Total Short-Term Assets	$7.800M	$5.500M
Total Long-Term Assets	$810.5M	$824.8M
Total Assets	$818.3M	$830.3M
YoY Change	-1.45%	12.89%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.900M	$1.700M
YoY Change	11.76%	0.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$3.700M	$5.900M
YoY Change	-37.29%	247.06%
LONG-TERM LIABILITIES
Long-Term Debt	$540.1M	$571.0M
YoY Change	-5.41%	9.72%
Other Long-Term Liabilities	$20.50M	$20.80M
YoY Change	-1.44%	26.83%
Total Long-Term Liabilities	$560.6M	$591.8M
YoY Change	-5.27%	10.25%
TOTAL LIABILITIES
Total Short-Term Liabilities	$3.700M	$5.900M
Total Long-Term Liabilities	$560.6M	$591.8M
Total Liabilities	$566.2M	$599.5M
YoY Change	-5.55%	10.0%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$23.00K	$21.00K
YoY Change	9.52%	16.67%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$226.6M	$230.9M
YoY Change
Total Liabilities & Shareholders Equity	$818.3M	$830.3M
YoY Change	-1.45%	12.89%

Cashflow Statement

Concept	2016 Q2	2015 Q2
OPERATING ACTIVITIES
Net Income	$883.0K	$431.0K
YoY Change	104.87%	-64.64%
Depreciation, Depletion And Amortization	$9.210M	$8.940M
YoY Change	3.02%	30.13%
Cash From Operating Activities	$9.050M	$7.540M
YoY Change	20.03%	54.51%
INVESTING ACTIVITIES
Capital Expenditures	-$17.96M	-$31.27M
YoY Change	-42.56%	-49.82%
Acquisitions
YoY Change
Other Investing Activities	$840.0K	-$1.190M
YoY Change	-170.59%	-115.39%
Cash From Investing Activities	-$17.12M	-$32.46M
YoY Change	-47.26%	-40.53%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	7.060M	22.47M
YoY Change	-68.58%	-51.42%
NET CHANGE
Cash From Operating Activities	9.050M	7.540M
Cash From Investing Activities	-17.12M	-32.46M
Cash From Financing Activities	7.060M	22.47M
Net Change In Cash	-1.010M	-2.450M
YoY Change	-58.78%	-28.99%
FREE CASH FLOW
Cash From Operating Activities	$9.050M	$7.540M
Capital Expenditures	-$17.96M	-$31.27M
Free Cash Flow	$27.01M	$38.81M
YoY Change	-30.4%	-42.24%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	good	Receipts From Tenants For Reserves ReceiptsFromTenantsForReserves	2037000	USD
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2016
	good	Non Cash Capital Improvements Included In Accounts Payable And Accrued Expenses NonCashCapitalImprovementsIncludedInAccountsPayableAndAccruedExpenses	2461000	USD
	good	Improvements Of Existing Real Estate ImprovementsOfExistingRealEstate	3072000	USD
	good	Improvements Of Existing Real Estate ImprovementsOfExistingRealEstate	2654000	USD
	dei	Document Period End Date DocumentPeriodEndDate	2016-06-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0001234006
CY2016Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	22583722	shares
	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	GLADSTONE COMMERCIAL CORP
	dei	Trading Symbol TradingSymbol	GOOD
CY2015Q2	good	Administration Fee AdministrationFee	366000	USD
	good	Administration Fee AdministrationFee	728000	USD
CY2016Q2	good	Administration Fee AdministrationFee	370000	USD
	good	Administration Fee AdministrationFee	775000	USD
	good	Amortization Of Deferred Rent Asset And Liability Net AmortizationOfDeferredRentAssetAndLiabilityNet	-270000	USD
	good	Amortization Of Deferred Rent Asset And Liability Net AmortizationOfDeferredRentAssetAndLiabilityNet	-215000	USD
CY2015Q3	good	Amount To Be Paid To Adviser In Percentage Of Pre Incentive Fee Condition One AmountToBePaidToAdviserInPercentageOfPreIncentiveFeeConditionOne	0.150
	good	Amount To Be Paid To Adviser In Percentage Of Pre Incentive Fee Condition One AmountToBePaidToAdviserInPercentageOfPreIncentiveFeeConditionOne	1.000
	good	Amount To Be Paid To Adviser In Percentage Of Pre Incentive Fee Condition Two AmountToBePaidToAdviserInPercentageOfPreIncentiveFeeConditionTwo	0.200
CY2015Q3	good	Annual Base Management Fee In Percentage Of Stockholders Equity Adjusted To Unrealized Gains Or Losses AnnualBaseManagementFeeInPercentageOfStockholdersEquityAdjustedToUnrealizedGainsOrLosses	0.015
CY2015Q3	good	Annual Base Management Fee In Percentage Of Stockholders Equity In Excess Of Recorded Value Of Preferred Stock AnnualBaseManagementFeeInPercentageOfStockholdersEquityInExcessOfRecordedValueOfPreferredStock	0.020
CY2015Q3	good	Annualized Incentive Fee Per Advisory Agreement AnnualizedIncentiveFeePerAdvisoryAgreement	0.08
	good	Annualized Incentive Fee Per Advisory Agreement AnnualizedIncentiveFeePerAdvisoryAgreement	0.07
	good	Annualized Straight Line Rent AnnualizedStraightLineRent	6089000	USD
	good	Annualized Straight Line Rent On Leased Property AnnualizedStraightLineRentOnLeasedProperty	2918000	USD
	good	Area Of Leased Property AreaOfLeasedProperty	188417000	sqft
	good	Asset Retirement Obligation Expense AssetRetirementObligationExpense	76000	USD
	good	Asset Retirement Obligation Expense AssetRetirementObligationExpense	73000	USD
CY2015Q2	good	Base Management Fee BaseManagementFee	866000	USD
	good	Base Management Fee BaseManagementFee	1717000	USD
CY2016Q2	good	Base Management Fee BaseManagementFee	856000	USD
	good	Base Management Fee BaseManagementFee	1717000	USD
	good	Business Acquisition Expenses BusinessAcquisitionExpenses	404000	USD
CY2015Q2	good	Business Acquisition Pro Forma Dividends Attributable To Preferred And Senior Common Stock BusinessAcquisitionProFormaDividendsAttributableToPreferredAndSeniorCommonStock	1284000	USD
	good	Business Acquisition Pro Forma Dividends Attributable To Preferred And Senior Common Stock BusinessAcquisitionProFormaDividendsAttributableToPreferredAndSeniorCommonStock	2532000	USD
CY2016Q2	good	Business Acquisition Pro Forma Dividends Attributable To Preferred And Senior Common Stock BusinessAcquisitionProFormaDividendsAttributableToPreferredAndSeniorCommonStock	1514000	USD
	good	Business Acquisition Pro Forma Dividends Attributable To Preferred And Senior Common Stock BusinessAcquisitionProFormaDividendsAttributableToPreferredAndSeniorCommonStock	2794000	USD
CY2014Q3	good	Effect Of Mortgage Loan Rate Of Return Estimate EffectOfMortgageLoanRateOfReturnEstimate	0.22
CY2015Q2	good	Business Acquisition Pro Forma Earnings Per Share Basic And Diluted BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted	-0.04
	good	Business Acquisition Pro Forma Earnings Per Share Basic And Diluted BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted	-0.06
CY2016Q2	good	Business Acquisition Pro Forma Earnings Per Share Basic And Diluted BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted	-0.02
	good	Business Acquisition Pro Forma Earnings Per Share Basic And Diluted BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted	-0.04
CY2015Q2	good	Business Acquisition Pro Forma Net Income BusinessAcquisitionProFormaNetIncome	549000	USD
	good	Business Acquisition Pro Forma Net Income BusinessAcquisitionProFormaNetIncome	1390000	USD
CY2016Q2	good	Business Acquisition Pro Forma Net Income BusinessAcquisitionProFormaNetIncome	976000	USD
	good	Business Acquisition Pro Forma Net Income BusinessAcquisitionProFormaNetIncome	1804000	USD
CY2015Q2	good	Business Acquisition Pro Forma Operating Expenses BusinessAcquisitionProFormaOperatingExpenses	13382000	USD
	good	Business Acquisition Pro Forma Operating Expenses BusinessAcquisitionProFormaOperatingExpenses	26037000	USD
CY2016Q2	good	Business Acquisition Pro Forma Operating Expenses BusinessAcquisitionProFormaOperatingExpenses	13485000	USD
	good	Business Acquisition Pro Forma Operating Expenses BusinessAcquisitionProFormaOperatingExpenses	27005000	USD
CY2015Q2	good	Business Acquisition Pro Forma Other Expenses BusinessAcquisitionProFormaOtherExpenses	8024000	USD
	good	Business Acquisition Pro Forma Other Expenses BusinessAcquisitionProFormaOtherExpenses	15993000	USD
CY2016Q2	good	Business Acquisition Pro Forma Other Expenses BusinessAcquisitionProFormaOtherExpenses	7004000	USD
	good	Business Acquisition Pro Forma Other Expenses BusinessAcquisitionProFormaOtherExpenses	14540000	USD
CY2015Q2	good	Credit To Incentive Fee CreditToIncentiveFee	1316000	USD
	good	Credit To Incentive Fee CreditToIncentiveFee	2500000	USD
CY2016Q2	good	Credit To Incentive Fee CreditToIncentiveFee	0	USD
CY2015Q2	good	Distributions Attributable To Senior Common Stock DistributionsAttributableToSeniorCommonStock	261000	USD
	good	Distributions Attributable To Senior Common Stock DistributionsAttributableToSeniorCommonStock	485000	USD
CY2016Q2	good	Distributions Attributable To Senior Common Stock DistributionsAttributableToSeniorCommonStock	251000	USD
	good	Distributions Attributable To Senior Common Stock DistributionsAttributableToSeniorCommonStock	504000	USD
CY2015Q2	good	Earnings Per Weighted Average Share Of Senior Common Stock EarningsPerWeightedAverageShareOfSeniorCommonStock	0.26
	good	Earnings Per Weighted Average Share Of Senior Common Stock EarningsPerWeightedAverageShareOfSeniorCommonStock	0.52
CY2016Q2	good	Earnings Per Weighted Average Share Of Senior Common Stock EarningsPerWeightedAverageShareOfSeniorCommonStock	0.26
	good	Earnings Per Weighted Average Share Of Senior Common Stock EarningsPerWeightedAverageShareOfSeniorCommonStock	0.52
CY2015Q2	good	Incentive Fee IncentiveFee	1760000	USD
	good	Incentive Fee IncentiveFee	3433000	USD
CY2016Q2	good	Incentive Fee IncentiveFee	655000	USD
	good	Incentive Fee IncentiveFee	1273000	USD
CY2015Q2	good	Incentive Fee On Capital Gains IncentiveFeeOnCapitalGains	0	USD
	good	Incentive Fee On Capital Gains IncentiveFeeOnCapitalGains	0	USD
CY2016Q2	good	Incentive Fee On Capital Gains IncentiveFeeOnCapitalGains	0	USD
	good	Incentive Fee On Capital Gains IncentiveFeeOnCapitalGains	0	USD
CY2015Q2	good	Interest Income From Mortgage Note Receivable InterestIncomeFromMortgageNoteReceivable	282000	USD
	good	Interest Income From Mortgage Note Receivable InterestIncomeFromMortgageNoteReceivable	549000	USD
CY2016Q2	good	Interest Income From Mortgage Note Receivable InterestIncomeFromMortgageNoteReceivable	0	USD
	good	Interest Income From Mortgage Note Receivable InterestIncomeFromMortgageNoteReceivable	385000	USD
CY2015Q2	good	Interim Financing Loan For Acquisition InterimFinancingLoanForAcquisition	300000	USD
CY2015Q4	good	Line Of Credit Facility Expiration Month And Year LineOfCreditFacilityExpirationMonthAndYear	2019-08
	good	Line Of Credit Facility Percentage Of Extension Fee On Initial Maturity LineOfCreditFacilityPercentageOfExtensionFeeOnInitialMaturity	0.0025
CY2015Q2	good	Net Income Loss From Acquired Properties NetIncomeLossFromAcquiredProperties	495000	USD
	good	Net Income Loss From Acquired Properties NetIncomeLossFromAcquiredProperties	861000	USD
	good	Payments To Tenants From Reserves PaymentsToTenantsFromReserves	1308000	USD
	good	Payments To Tenants From Reserves PaymentsToTenantsFromReserves	1505000	USD
	good	Receipts From Tenants For Reserves ReceiptsFromTenantsForReserves	1840000	USD
	good	Senior Common Dividend Issued In Dividend Reinvestment Program SeniorCommonDividendIssuedInDividendReinvestmentProgram	52000	USD
	good	Senior Common Dividend Issued In Dividend Reinvestment Program SeniorCommonDividendIssuedInDividendReinvestmentProgram	0	USD
	good	Non Cash Capital Improvements Included In Accounts Payable And Accrued Expenses NonCashCapitalImprovementsIncludedInAccountsPayableAndAccruedExpenses	2922000	USD
CY2015Q3	good	Notice Period For Termination Of Agreement With Cause NoticePeriodForTerminationOfAgreementWithCause	P30D
CY2015Q3	good	Notice Period For Termination Of Agreement Without Cause NoticePeriodForTerminationOfAgreementWithoutCause	P120D
CY2015Q2	good	Number Of Amended And Restated Leases NumberOfAmendedAndRestatedLeases	6	lease
	good	Number Of Combined Pool Of Unencumbered Properties NumberOfCombinedPoolOfUnencumberedProperties	24	property
CY2016Q2	good	Number Of Existing Encumbered Properties NumberOfExistingEncumberedProperties	96	property
CY2016Q2	good	Number Of Leased Properties NumberOfLeasedProperties	3	property
	good	Number Of Long Term Mortgages Issued NumberOfLongTermMortgagesIssued	3	mortgage
	good	Number Of Long Term Mortgages Repaid NumberOfLongTermMortgagesRepaid	5	mortgage
CY2015Q2	good	Number Of Properties Acquired NumberOfPropertiesAcquired	4	property
	good	Number Of Properties Issued To Collateralized Mortgage Notes Payable NumberOfPropertiesIssuedToCollateralizedMortgageNotesPayable	8	mortgage
CY2015Q2	good	Number Of Renewal Option Under Lease NumberOfRenewalOptionUnderLease	2	option
	good	Numberof Executive Officers NumberofExecutiveOfficers	2	officer
	good	Numberof Properties Repaid To Collateralized Mortgage Notes Payable NumberofPropertiesRepaidToCollateralizedMortgageNotesPayable	11	mortgage
CY2015Q3	good	Numberof Quarters Usedforthe Capof Average Quarterly Incentive Fees NumberofQuartersUsedfortheCapofAverageQuarterlyIncentiveFees	4	quarter
CY2015Q2	good	Operating Expenses Before Credits OperatingExpensesBeforeCredits	13911000	USD
	good	Operating Expenses Before Credits OperatingExpensesBeforeCredits	26851000	USD
CY2016Q2	good	Operating Expenses Before Credits OperatingExpensesBeforeCredits	13433000	USD
	good	Operating Expenses Before Credits OperatingExpensesBeforeCredits	26688000	USD
CY2015Q2	good	Operating Leases Income Statement Lease Revenue From Acquired Properties OperatingLeasesIncomeStatementLeaseRevenueFromAcquiredProperties	1014000	USD
	good	Operating Leases Income Statement Lease Revenue From Acquired Properties OperatingLeasesIncomeStatementLeaseRevenueFromAcquiredProperties	1207000	USD
CY2015Q2	good	Payment Of Financing Fee PaymentOfFinancingFee	100000	USD
	good	Payment Of Financing Fee PaymentOfFinancingFee	200000	USD
CY2016Q2	good	Payment Of Financing Fee PaymentOfFinancingFee	100000	USD
	good	Payment Of Financing Fee PaymentOfFinancingFee	100000	USD
	good	Payments To Acquire Real Estate And Intangible Assets PaymentsToAcquireRealEstateAndIntangibleAssets	58248000	USD
	good	Payments To Acquire Real Estate And Intangible Assets PaymentsToAcquireRealEstateAndIntangibleAssets	17000000	USD
	good	Payments To Lenders For Reserves Held In Escrow PaymentsToLendersForReservesHeldInEscrow	1924000	USD
	good	Payments To Lenders For Reserves Held In Escrow PaymentsToLendersForReservesHeldInEscrow	1107000	USD
CY2015Q3	good	Percentage Of Incentive Fees On Capital Gains PercentageOfIncentiveFeesOnCapitalGains	0.150
CY2014Q3	good	Percentage Of Mortgage Loan Interest Earned In Cash PercentageOfMortgageLoanInterestEarnedInCash	0.090
	good	Percentageof Independent Directors Requiredto Terminatethe Amended Advisory Agreement PercentageofIndependentDirectorsRequiredtoTerminatetheAmendedAdvisoryAgreement	0.6667
	good	Pre Incentive Fee In Percentage Of Common Stockholders Equity That Awards Adviser Hundred Percent Of Amount Of Pre Incentive Fee Maximum Percentage PreIncentiveFeeInPercentageOfCommonStockholdersEquityThatAwardsAdviserHundredPercentOfAmountOfPreIncentiveFeeMaximumPercentage	0.021875
	good	Pre Incentive Fee In Percentage Of Common Stockholders Equity That Awards Adviser Twenty Percent Of Amount Of Pre Incentive Fee Minimum Percentage PreIncentiveFeeInPercentageOfCommonStockholdersEquityThatAwardsAdviserTwentyPercentOfAmountOfPreIncentiveFeeMinimumPercentage	0.021875
	good	Proceeds From Deposits Applied Against Acquisition Of Real Estate Investments ProceedsFromDepositsAppliedAgainstAcquisitionOfRealEstateInvestments	1400000	USD
	good	Proceeds From Deposits Applied Against Acquisition Of Real Estate Investments ProceedsFromDepositsAppliedAgainstAcquisitionOfRealEstateInvestments	500000	USD
CY2015Q2	good	Property Operating Expenses PropertyOperatingExpenses	1178000	USD
	good	Property Operating Expenses PropertyOperatingExpenses	2139000	USD
CY2016Q2	good	Property Operating Expenses PropertyOperatingExpenses	1434000	USD
	good	Property Operating Expenses PropertyOperatingExpenses	3045000	USD
	good	Purchase Price Of Acquired Property PurchasePriceOfAcquiredProperty	58248000	USD
CY2015Q3	good	Quarterly Base Management Fee In Percentage Of Stockholders Equity Adjusted To Unrealized Gains Or Losses QuarterlyBaseManagementFeeInPercentageOfStockholdersEquityAdjustedToUnrealizedGainsOrLosses	0.00375
CY2015Q3	good	Quarterly Incentive Fee Per Advisory Agreement QuarterlyIncentiveFeePerAdvisoryAgreement	0.02
	good	Quarterly Incentive Fee Per Advisory Agreement QuarterlyIncentiveFeePerAdvisoryAgreement	0.0175
	good	Receipts From Lenders For Reserves Held In Escrow ReceiptsFromLendersForReservesHeldInEscrow	642000	USD
	good	Receipts From Lenders For Reserves Held In Escrow ReceiptsFromLendersForReservesHeldInEscrow	2719000	USD
CY2015Q2	good	Secured Mortgages Financing Fee Percent SecuredMortgagesFinancingFeePercent	0.0030
	good	Secured Mortgages Financing Fee Percent SecuredMortgagesFinancingFeePercent	0.0030
CY2015Q2	good	Related Party Transactions Incentive Fee Net RelatedPartyTransactionsIncentiveFeeNet	500000	USD
	good	Related Party Transactions Incentive Fee Net RelatedPartyTransactionsIncentiveFeeNet	900000	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	6600000	USD
CY2016Q2	good	Secured Mortgages Financing Fee Percent SecuredMortgagesFinancingFeePercent	0.0035
	good	Secured Mortgages Financing Fee Percent SecuredMortgagesFinancingFeePercent	0.0039
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	6400000	USD
CY2016Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	3300000	USD
CY2015Q4	good	Senior Common Stock Par Value SeniorCommonStockParValue	0.001
CY2016Q2	good	Senior Common Stock Par Value SeniorCommonStockParValue	0.001
CY2015Q4	good	Senior Common Stock Shares Authorized SeniorCommonStockSharesAuthorized	7500000	shares
CY2016Q2	good	Senior Common Stock Shares Authorized SeniorCommonStockSharesAuthorized	4450000	shares
CY2015Q4	good	Senior Common Stock Shares Issued SeniorCommonStockSharesIssued	972214	shares
CY2016Q2	good	Senior Common Stock Shares Issued SeniorCommonStockSharesIssued	959552	shares
CY2015Q4	good	Senior Common Stock Shares Outstanding SeniorCommonStockSharesOutstanding	972214	shares
CY2016Q2	good	Senior Common Stock Shares Outstanding SeniorCommonStockSharesOutstanding	959552	shares
CY2015Q4	good	Senior Common Stocks SeniorCommonStocks	1000	USD
CY2016Q2	good	Senior Common Stocks SeniorCommonStocks	1000	USD
	good	Term Of Each Lease Renewal Options TermOfEachLeaseRenewalOptions	P5Y
CY2015Q2	good	Weighted Average Shares Of Senior Common Stock Outstanding Basic WeightedAverageSharesOfSeniorCommonStockOutstandingBasic	995852	shares
	good	Weighted Average Shares Of Senior Common Stock Outstanding Basic WeightedAverageSharesOfSeniorCommonStockOutstandingBasic	928323	shares
CY2016Q2	good	Weighted Average Shares Of Senior Common Stock Outstanding Basic WeightedAverageSharesOfSeniorCommonStockOutstandingBasic	959552	shares
	good	Weighted Average Shares Of Senior Common Stock Outstanding Basic WeightedAverageSharesOfSeniorCommonStockOutstandingBasic	961794	shares
CY2015Q4	invest	Derivative Notional Amount DerivativeNotionalAmount	33044000	USD
CY2016Q2	invest	Derivative Notional Amount DerivativeNotionalAmount	60545000	USD
CY2015Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	6388000	USD
CY2016Q2	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	3681000	USD
CY2015Q4	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	185051000	USD
CY2016Q2	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	203079000	USD
	us-gaap	Acquired Finite Lived Intangible Assets Weighted Average Useful Life AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife	P12Y6M
	us-gaap	Acquired Finite Lived Intangible Assets Weighted Average Useful Life AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife	P6Y10M24D
CY2015Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	418897000	USD
CY2016Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	429608000	USD
CY2015Q2	us-gaap	Amortization Of Below Market Lease AmortizationOfBelowMarketLease	200000	USD
	us-gaap	Amortization Of Below Market Lease AmortizationOfBelowMarketLease	500000	USD
CY2016Q2	us-gaap	Amortization Of Below Market Lease AmortizationOfBelowMarketLease	200000	USD
	us-gaap	Amortization Of Below Market Lease AmortizationOfBelowMarketLease	500000	USD
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	-154000	USD
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	-116000	USD
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	878000	USD
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1090000	USD
CY2015Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	3500000	USD
CY2015Q2	us-gaap	Area Of Real Estate Property AreaOfRealEstateProperty	351276	sqft
CY2014Q3	us-gaap	Area Of Real Estate Property AreaOfRealEstateProperty	81371	sqft
CY2015Q2	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	USD
	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	USD
CY2016Q2	us-gaap	Asset Impairment Charges AssetImpairmentCharges	187000	USD
	us-gaap	Asset Impairment Charges AssetImpairmentCharges	230000	USD
CY2015Q4	us-gaap	Asset Retirement Obligation AssetRetirementObligation	3674000	USD
CY2016Q2	us-gaap	Asset Retirement Obligation AssetRetirementObligation	3645000	USD
	us-gaap	Asset Retirement Obligation Period Increase Decrease AssetRetirementObligationPeriodIncreaseDecrease	56000	USD
	us-gaap	Asset Retirement Obligation Period Increase Decrease AssetRetirementObligationPeriodIncreaseDecrease	0	USD
CY2015Q4	us-gaap	Assets Assets	827184000	USD
CY2016Q2	us-gaap	Assets Assets	818285000	USD
CY2015Q4	us-gaap	Assets Of Disposal Group Including Discontinued Operation AssetsOfDisposalGroupIncludingDiscontinuedOperation	1077000	USD
CY2016Q2	us-gaap	Assets Of Disposal Group Including Discontinued Operation AssetsOfDisposalGroupIncludingDiscontinuedOperation	3820000	USD
CY2015Q4	us-gaap	Below Market Lease Accumulated Amortization BelowMarketLeaseAccumulatedAmortization	8294000	USD
CY2016Q2	us-gaap	Below Market Lease Accumulated Amortization BelowMarketLeaseAccumulatedAmortization	8338000	USD
CY2015Q4	us-gaap	Below Market Lease Gross BelowMarketLeaseGross	17951000	USD
CY2016Q2	us-gaap	Below Market Lease Gross BelowMarketLeaseGross	17302000	USD
CY2015Q2	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	-735000	USD
	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	-1142000	USD
CY2016Q2	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	-538000	USD
	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	-990000	USD
CY2015Q2	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	21955000	USD
	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	43420000	USD
CY2016Q2	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	21465000	USD
	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	43349000	USD
CY2015Q2	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	255000	USD
	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	451000	USD
CY2016Q2	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	117000	USD
	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	126000	USD
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	8599000	USD
CY2015Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3297000	USD
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	5152000	USD
CY2016Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3993000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-5302000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-1159000	USD
CY2015Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2016Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2015Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2016Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2015Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	38500000	shares
CY2016Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	32500000	shares
CY2015Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	22485607	shares
CY2016Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	22983604	shares
CY2015Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	22485607	shares
CY2016Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	22983604	shares
CY2015Q4	us-gaap	Common Stock Value CommonStockValue	22000	USD
CY2016Q2	us-gaap	Common Stock Value CommonStockValue	23000	USD
CY2015Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	525332000	USD
CY2016Q2	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	526720000	USD
CY2015Q4	us-gaap	Debt Instrument Unamortized Discount Premium Net DebtInstrumentUnamortizedDiscountPremiumNet	392000	USD
CY2016Q2	us-gaap	Debt Instrument Unamortized Discount Premium Net DebtInstrumentUnamortizedDiscountPremiumNet	277000	USD
CY2016Q2	us-gaap	Debt Weighted Average Interest Rate DebtWeightedAverageInterestRate	0.0447
CY2015Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	0	USD
CY2016Q2	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	-5700000	USD
CY2012Q1	us-gaap	Deferred Offering Costs DeferredOfferingCosts	1800000	USD
CY2015Q4	us-gaap	Deferred Rent Credit DeferredRentCredit	9657000	USD
CY2016Q2	us-gaap	Deferred Rent Credit DeferredRentCredit	8964000	USD
CY2015Q4	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	27443000	USD
CY2016Q2	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	28909000	USD
CY2015Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	8947000	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	17154000	USD
CY2016Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	9205000	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	18338000	USD
	us-gaap	Derivative Cost Of Hedge DerivativeCostOfHedge	211000	USD
CY2015Q2	us-gaap	Distributions On Mandatorily Redeemable Securities DistributionsOnMandatorilyRedeemableSecurities	-686000	USD
	us-gaap	Distributions On Mandatorily Redeemable Securities DistributionsOnMandatorilyRedeemableSecurities	-1372000	USD
CY2016Q2	us-gaap	Distributions On Mandatorily Redeemable Securities DistributionsOnMandatorilyRedeemableSecurities	-686000	USD
	us-gaap	Distributions On Mandatorily Redeemable Securities DistributionsOnMandatorilyRedeemableSecurities	-1372000	USD
	us-gaap	Dividends Dividends	19766000	USD
CY2015Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	1858000	USD
CY2016Q2	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	1884000	USD
CY2015Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.0409
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.0686
CY2016Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.0278
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.0467
CY2015Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.04
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.07
CY2016Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.03
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.05
CY2015Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.0409
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.0686
CY2016Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.0278
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.0467
CY2015Q4	us-gaap	Escrow Deposit EscrowDeposit	7534000	USD
CY2016Q2	us-gaap	Escrow Deposit EscrowDeposit	5922000	USD
CY2015Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	104914000	USD
CY2016Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	101683000	USD
CY2015Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	539000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1229000	USD
CY2016Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	609000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1184000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	1021000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-655000	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	538000	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-196000	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-683000	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-402000	USD
	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	800000	USD
	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	-303000	USD
	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits	108000	USD
	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits	97000	USD
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2015Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2016Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2015Q2	us-gaap	Interest Expense InterestExpense	6999000	USD
	us-gaap	Interest Expense InterestExpense	13770000	USD
CY2016Q2	us-gaap	Interest Expense InterestExpense	6579000	USD
	us-gaap	Interest Expense InterestExpense	13310000	USD
CY2015Q4	us-gaap	Interest Rate Fair Value Hedge Derivative At Fair Value Net InterestRateFairValueHedgeDerivativeAtFairValueNet	40000	USD
CY2016Q2	us-gaap	Interest Rate Fair Value Hedge Derivative At Fair Value Net InterestRateFairValueHedgeDerivativeAtFairValueNet	11000	USD
CY2015Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	635728000	USD
CY2016Q2	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	641266000	USD
CY2015Q4	us-gaap	Land Land	97117000	USD
CY2016Q2	us-gaap	Land Land	99780000	USD
CY2015Q2	us-gaap	Lease And Rental Expense LeaseAndRentalExpense	100000	USD
	us-gaap	Lease And Rental Expense LeaseAndRentalExpense	200000	USD
CY2016Q2	us-gaap	Lease And Rental Expense LeaseAndRentalExpense	100000	USD
	us-gaap	Lease And Rental Expense LeaseAndRentalExpense	200000	USD
CY2015Q4	us-gaap	Liabilities Liabilities	593313000	USD
CY2016Q2	us-gaap	Liabilities Liabilities	566198000	USD
CY2015Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	827184000	USD
CY2016Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	818285000	USD
CY2015Q4	us-gaap	Liabilities Of Disposal Group Including Discontinued Operation LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation	868000	USD
CY2016Q2	us-gaap	Liabilities Of Disposal Group Including Discontinued Operation LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation	357000	USD
CY2015Q4	us-gaap	Line Of Credit LineOfCredit	44591000	USD
CY2016Q2	us-gaap	Line Of Credit LineOfCredit	60229000	USD
CY2015Q4	us-gaap	Long Term Line Of Credit LongTermLineOfCredit	24878000	USD
CY2016Q2	us-gaap	Long Term Line Of Credit LongTermLineOfCredit	24887000	USD
CY2014Q3	us-gaap	Mortgage Loans On Real Estate MortgageLoansOnRealEstate	5600000	USD
	us-gaap	Mortgage Loans On Real Estate New Mortgage Loans MortgageLoansOnRealEstateNewMortgageLoans	32039000	USD
	us-gaap	Mortgage Loans On Real Estate New Mortgage Loans MortgageLoansOnRealEstateNewMortgageLoans	9900000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	41396000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-7687000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-63173000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-11304000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	16475000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	17832000	USD
CY2015Q2	us-gaap	Net Income Loss NetIncomeLoss	431000	USD
	us-gaap	Net Income Loss NetIncomeLoss	1125000	USD
CY2016Q2	us-gaap	Net Income Loss NetIncomeLoss	883000	USD
	us-gaap	Net Income Loss NetIncomeLoss	1738000	USD
CY2015Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-853000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-1407000	USD
CY2016Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-631000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-1056000	USD
CY2015Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-853000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-1407000	USD
CY2016Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-631000	USD
	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	39300000	USD
CY2016Q2	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	20890000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-1056000	USD
CY2015Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-7662000	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-15091000	USD
CY2016Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-6931000	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-14348000	USD
CY2016Q2	us-gaap	Notes Payable Fair Value Disclosure NotesPayableFairValueDisclosure	454100000	USD
CY2015Q4	us-gaap	Notes Receivable Net NotesReceivableNet	5900000	USD
CY2016Q2	us-gaap	Notes Receivable Net NotesReceivableNet	0	USD
CY2016Q2	us-gaap	Number Of Properties Subject To Ground Leases NumberOfPropertiesSubjectToGroundLeases	4	lease
CY2015Q2	us-gaap	Operating Expenses OperatingExpenses	12595000	USD
	us-gaap	Operating Expenses OperatingExpenses	24351000	USD
CY2016Q2	us-gaap	Operating Expenses OperatingExpenses	13433000	USD
	us-gaap	Operating Expenses OperatingExpenses	26688000	USD
CY2015Q2	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	20012000	USD
	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	41547000	USD
CY2015Q2	us-gaap	Other Asset Impairment Charges OtherAssetImpairmentCharges	0	USD
	us-gaap	Other Asset Impairment Charges OtherAssetImpairmentCharges	0	USD
CY2016Q2	us-gaap	Other Asset Impairment Charges OtherAssetImpairmentCharges	0	USD
	us-gaap	Other Asset Impairment Charges OtherAssetImpairmentCharges	0	USD
CY2015Q4	us-gaap	Other Assets OtherAssets	2825000	USD
CY2016Q2	us-gaap	Other Assets OtherAssets	2651000	USD
CY2015Q4	us-gaap	Other Liabilities OtherLiabilities	7436000	USD
CY2016Q2	us-gaap	Other Liabilities OtherLiabilities	7523000	USD
CY2015Q2	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	23000	USD
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	51000	USD
CY2016Q2	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	334000	USD
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	334000	USD
	us-gaap	Payments For Commissions PaymentsForCommissions	291000	USD
	us-gaap	Payments For Commissions PaymentsForCommissions	486000	USD
	us-gaap	Payments For Lease Commissions PaymentsForLeaseCommissions	631000	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	178000	USD
CY2016Q2	us-gaap	Payments For Repurchase Of Redeemable Preferred Stock PaymentsForRepurchaseOfRedeemablePreferredStock	25000000	USD
	us-gaap	Payments For Repurchase Of Redeemable Preferred Stock PaymentsForRepurchaseOfRedeemablePreferredStock	25000000	USD
	us-gaap	Payments For Tenant Improvements PaymentsForTenantImprovements	1106000	USD
	us-gaap	Payments Of Dividends PaymentsOfDividends	17919000	USD
	us-gaap	Payments Of Dividends PaymentsOfDividends	19766000	USD
CY2015Q2	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	400000	USD
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	900000	USD
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	883000	USD
CY2016Q2	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	300000	USD
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	690000	USD
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	700000	USD
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	742000	USD
	us-gaap	Payments To Acquire Mortgage Notes Receivable PaymentsToAcquireMortgageNotesReceivable	0	USD
	us-gaap	Payments To Acquire Real Estate Held For Investment PaymentsToAcquireRealEstateHeldForInvestment	1600000	USD
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	1247000	USD
	us-gaap	Payments To Acquire Mortgage Notes Receivable PaymentsToAcquireMortgageNotesReceivable	300000	USD
	us-gaap	Payments To Acquire Real Estate Held For Investment PaymentsToAcquireRealEstateHeldForInvestment	500000	USD
CY2012Q1	us-gaap	Preferred Stock Redemption Date PreferredStockRedemptionDate	2017-01-31
	us-gaap	Proceeds From Sale Of Real Estate ProceedsFromSaleOfRealEstate	0	USD
	us-gaap	Proceeds From Sale Of Real Estate ProceedsFromSaleOfRealEstate	200000	USD
CY2012Q1	us-gaap	Preferred Stock Redemption Price Per Share PreferredStockRedemptionPricePerShare	25.00
CY2015Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	2150000	shares
CY2016Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	2264000	shares
CY2015Q4	us-gaap	Preferred Stock Value PreferredStockValue	2000	USD
CY2016Q2	us-gaap	Preferred Stock Value PreferredStockValue	2000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	30363000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	37669000	USD
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	56400000	USD
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	71000000	USD
	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	51819000	USD
	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	37905000	USD
	us-gaap	Proceeds From Repurchase Of Redeemable Preferred Stock ProceedsFromRepurchaseOfRedeemablePreferredStock	0	USD
	us-gaap	Proceeds From Repurchase Of Redeemable Preferred Stock ProceedsFromRepurchaseOfRedeemablePreferredStock	-25000000	USD
	us-gaap	Proceeds From Sale And Collection Of Mortgage Notes Receivable ProceedsFromSaleAndCollectionOfMortgageNotesReceivable	0	USD
	us-gaap	Proceeds From Sale And Collection Of Mortgage Notes Receivable ProceedsFromSaleAndCollectionOfMortgageNotesReceivable	5900000	USD
CY2015Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	112243000	USD
CY2016Q2	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	122827000	USD
CY2015Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	780377000	USD
CY2016Q2	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	790232000	USD
CY2015Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	668134000	USD
CY2016Q2	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	667405000	USD
CY2015Q2	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	20688000	USD
	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	40567000	USD
CY2016Q2	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	21247000	USD
	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	42774000	USD
CY2015Q2	us-gaap	Redeemable Preferred Stock Dividends RedeemablePreferredStockDividends	1023000	USD
	us-gaap	Redeemable Preferred Stock Dividends RedeemablePreferredStockDividends	2047000	USD
CY2016Q2	us-gaap	Redeemable Preferred Stock Dividends RedeemablePreferredStockDividends	1263000	USD
	us-gaap	Redeemable Preferred Stock Dividends RedeemablePreferredStockDividends	2290000	USD
	us-gaap	Repayment Of Notes Receivable From Related Parties RepaymentOfNotesReceivableFromRelatedParties	375000	USD
	us-gaap	Repayment Of Notes Receivable From Related Parties RepaymentOfNotesReceivableFromRelatedParties	0	USD
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	54500000	USD
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	55500000	USD
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	23625000	USD
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	51977000	USD
CY2015Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	4205000	USD
CY2016Q2	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	3902000	USD
CY2015Q4	us-gaap	Secured Long Term Debt SecuredLongTermDebt	455863000	USD
CY2016Q2	us-gaap	Secured Long Term Debt SecuredLongTermDebt	441604000	USD
CY2015Q4	us-gaap	Shares Subject To Mandatory Redemption Settlement Terms Amount Noncurrent SharesSubjectToMandatoryRedemptionSettlementTermsAmountNoncurrent	38100000	USD
CY2016Q2	us-gaap	Shares Subject To Mandatory Redemption Settlement Terms Amount Noncurrent SharesSubjectToMandatoryRedemptionSettlementTermsAmountNoncurrent	13424000	USD
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	10890000	USD
	us-gaap	Stock Repurchased And Retired During Period Shares StockRepurchasedAndRetiredDuringPeriodShares	178000	shares
CY2015Q4	us-gaap	Stockholders Equity StockholdersEquity	233871000	USD
CY2016Q2	us-gaap	Stockholders Equity StockholdersEquity	226555000	USD
	us-gaap	Straight Line Rent StraightLineRent	1843000	USD
	us-gaap	Straight Line Rent StraightLineRent	1959000	USD
CY2015Q4	us-gaap	Temporary Equity Carrying Amount Attributable To Parent TemporaryEquityCarryingAmountAttributableToParent	0	USD
CY2016Q2	us-gaap	Temporary Equity Carrying Amount Attributable To Parent TemporaryEquityCarryingAmountAttributableToParent	25532000	USD
CY2015Q4	us-gaap	Tenant Improvements TenantImprovements	47532000	USD
CY2016Q2	us-gaap	Tenant Improvements TenantImprovements	49186000	USD
CY2015Q2	us-gaap	Tenant Reimbursements TenantReimbursements	394000	USD
	us-gaap	Tenant Reimbursements TenantReimbursements	718000	USD
CY2016Q2	us-gaap	Tenant Reimbursements TenantReimbursements	357000	USD
	us-gaap	Tenant Reimbursements TenantReimbursements	842000	USD
CY2015Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	20833787	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	20524101	shares
CY2016Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	22684391	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	22614838	shares
CY2015Q2	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	20833787	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	20524101	shares
CY2016Q2	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	22684391	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	22614838	shares
CY2015Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	20833787	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	20524101	shares
CY2016Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	22684391	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	22614838	shares
CY2016Q2	us-gaap	Write Off Of Deferred Debt Issuance Cost WriteOffOfDeferredDebtIssuanceCost	100000	USD
	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Reclassifications</font></div><div style="line-height:120%;padding-top:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain prior year amounts have been reclassified to conform to the current year presentation.</font></div><div style="line-height:120%;padding-top:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In April 2015, the FASB issued ASU 2015-03, “Simplifying the Presentation of Debt Issuance Costs” (“ASU-2015-03”), which simplifies the presentation of debt issuance costs. ASU 2015-03 requires the presentation of debt issuance costs in the balance sheet as a deduction from the carrying amount of the related debt liability instead of a deferred financing cost. ASU 2015-03 was effective for annual periods beginning after December 15, 2015. We have adopted the provisions of ASU 2015-03 for the </font><font style="font-family:inherit;font-size:10pt;">six months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">June 30, 2016</font><font style="font-family:inherit;font-size:10pt;">. We had unamortized deferred financing fees of </font><font style="font-family:inherit;font-size:10pt;">$5.7 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$6.1 million</font><font style="font-family:inherit;font-size:10pt;"> as of </font><font style="font-family:inherit;font-size:10pt;">June 30, 2016</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December 31, 2015</font><font style="font-family:inherit;font-size:10pt;">, respectively. These costs have been reclassified from deferred financing costs, net, to mortgage notes payable, net, borrowings under line of credit, net, borrowings under term loan facility, net, and Series C mandatorily redeemable preferred stock, net. All periods presented have been retrospectively adjusted.</font></div></div>
	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:24px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font></div><div style="line-height:120%;padding-top:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could materially differ from those estimates.</font></div></div>

Files In Submission

Name	View Source	Status
0001234006-16-000003-index-headers.html	Edgar Link	pending
0001234006-16-000003-index.html	Edgar Link	pending
0001234006-16-000003.txt	Edgar Link	pending
0001234006-16-000003-xbrl.zip	Edgar Link	pending
d140882dex12.htm	Edgar Link	pending
d140882dex311.htm	Edgar Link	pending
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d140882dex321.htm	Edgar Link	pending
d140882dex322.htm	Edgar Link	pending
d140882dex991.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
good-20160630.xml	Edgar Link	completed
good-20160630.xsd	Edgar Link	pending
good-20160630_cal.xml	Edgar Link	unprocessable
good-20160630_def.xml	Edgar Link	unprocessable
good-20160630_lab.xml	Edgar Link	unprocessable
good-20160630_pre.xml	Edgar Link	unprocessable
good_063016x10qdocument.htm	Edgar Link	pending
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report.css	Edgar Link	pending
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2016 Q2 Form 10-Q Financial Statement

#000123400616000003 Filed on July 25, 2016

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$GOOD GLADSTONE COMMERCIAL CORP Stock $good

2016 Q2 Form 10-Q Financial Statement

#000123400616000003 Filed on July 25, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GOOD
GLADSTONE COMMERCIAL CORP Stock $good