2017 Q4 Form 10-Q Financial Statement

#000123400617000015 Filed on October 31, 2017

View on sec.gov

Income Statement

Concept 2017 Q4 2017 Q3 2016 Q3
Revenue $25.25M $24.37M $21.59M
YoY Change 14.74% 12.86% 1.0%
Cost Of Revenue $3.820M $3.360M $2.480M
YoY Change 48.06% 35.48% 0.0%
Gross Profit $21.43M $21.01M $19.11M
YoY Change 10.29% 9.94% 1.16%
Gross Profit Margin 84.86% 86.23% 88.52%
Selling, General & Admin $1.630M $1.680M $1.300M
YoY Change 12.41% 29.23% -6.47%
% of Gross Profit 7.61% 8.0% 6.8%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $12.13M $10.82M $9.460M
YoY Change 24.79% 14.38% 4.99%
% of Gross Profit 56.6% 51.5% 49.5%
Operating Expenses $20.41M $15.87M $15.17M
YoY Change 48.58% 4.58% 11.21%
Operating Profit $1.025M $5.143M $3.938M
YoY Change -82.01% 30.6% -24.95%
Interest Expense -$6.350M $6.119M $6.338M
YoY Change 1.6% -3.46% -11.26%
% of Operating Profit -619.51% 118.98% 160.94%
Other Income/Expense, Net -$6.311M -$6.115M -$6.490M
YoY Change 5.52% -5.78% -17.09%
Pretax Income -$1.470M $2.380M -$70.00K
YoY Change -164.19% -3500.0% -30.0%
Income Tax
% Of Pretax Income
Net Earnings -$1.463M $2.383M -$73.00K
YoY Change -163.75% -3364.38% -23.96%
Net Earnings / Revenue -5.79% 9.78% -0.34%
Basic Earnings Per Share -$0.01 -$0.10
Diluted Earnings Per Share -$52.63K -$0.01 -$0.10
COMMON SHARES
Basic Shares Outstanding 27.71M shares 27.23M shares 23.51M shares
Diluted Shares Outstanding 27.23M shares 23.51M shares

Balance Sheet

Concept 2017 Q4 2017 Q3 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.700M $4.300M $8.700M
YoY Change 42.55% -50.57% 135.14%
Cash & Equivalents $6.683M $4.287M $8.747M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $9.000M $0.00 $11.70M
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $15.70M $4.300M $20.40M
YoY Change 9.79% -78.92% -0.49%
LONG-TERM ASSETS
Property, Plant & Equipment $744.4M $734.4M $671.9M
YoY Change 7.87% 9.3% 2.33%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $45.10M $46.90M $40.50M
YoY Change 13.89% 15.8% -13.46%
Total Long-Term Assets $912.8M $900.6M $818.2M
YoY Change 8.99% 10.06% 0.03%
TOTAL ASSETS
Total Short-Term Assets $15.70M $4.300M $20.40M
Total Long-Term Assets $912.8M $900.6M $818.2M
Total Assets $928.5M $904.9M $838.6M
YoY Change 9.01% 7.89% 0.02%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.300M $2.300M $2.000M
YoY Change 9.52% 15.0% 11.11%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.300M $8.200M $4.000M
YoY Change 9.52% 105.0% -48.72%
LONG-TERM LIABILITIES
Long-Term Debt $542.6M $518.9M $516.2M
YoY Change 6.52% 0.52% -10.52%
Other Long-Term Liabilities $26.00M $26.50M $23.30M
YoY Change 9.24% 13.73% 8.37%
Total Long-Term Liabilities $568.6M $545.4M $539.5M
YoY Change 6.64% 1.09% -9.84%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.300M $8.200M $4.000M
Total Long-Term Liabilities $568.6M $545.4M $539.5M
Total Liabilities $578.2M $555.8M $545.5M
YoY Change 6.86% 1.89% -10.29%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $28.00K $28.00K $24.00K
YoY Change 12.0% 16.67% 9.09%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $266.8M $267.0M $225.9M
YoY Change
Total Liabilities & Shareholders Equity $928.5M $904.9M $838.6M
YoY Change 9.01% 7.89% 0.02%

Cashflow Statement

Concept 2017 Q4 2017 Q3 2016 Q3
OPERATING ACTIVITIES
Net Income -$1.463M $2.383M -$73.00K
YoY Change -163.75% -3364.38% -23.96%
Depreciation, Depletion And Amortization $12.13M $10.82M $9.460M
YoY Change 24.79% 14.38% 4.99%
Cash From Operating Activities $12.04M $13.38M $11.99M
YoY Change 6.17% 11.59% 42.74%
INVESTING ACTIVITIES
Capital Expenditures -$38.71M -$80.17M -$25.04M
YoY Change 39.45% 220.17% 68.05%
Acquisitions
YoY Change
Other Investing Activities $1.700M $2.690M $1.100M
YoY Change -46.03% 144.55% -29.94%
Cash From Investing Activities -$37.02M -$77.47M -$23.95M
YoY Change 50.49% 223.47% 79.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 26.24M 64.12M 16.72M
YoY Change 228.41% 283.49% 212.52%
NET CHANGE
Cash From Operating Activities 12.04M 13.38M 11.99M
Cash From Investing Activities -37.02M -77.47M -23.95M
Cash From Financing Activities 26.24M 64.12M 16.72M
Net Change In Cash 1.260M 30.00K 4.760M
YoY Change -123.91% -99.37% 1033.33%
FREE CASH FLOW
Cash From Operating Activities $12.04M $13.38M $11.99M
Capital Expenditures -$38.71M -$80.17M -$25.04M
Free Cash Flow $50.75M $93.55M $37.03M
YoY Change 29.8% 152.63% 58.93%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
good Administration Fee
AdministrationFee
1086000 USD
CY2017Q3 good Administration Fee
AdministrationFee
293000 USD
good Administration Fee
AdministrationFee
993000 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2017
dei Document Period End Date
DocumentPeriodEndDate
2017-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001234006
CY2017Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
27705664 shares
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
GLADSTONE COMMERCIAL CORP
dei Trading Symbol
TradingSymbol
GOOD
CY2016Q3 good Administration Fee
AdministrationFee
311000 USD
good Amortization Of Deferred Rent Asset And Liability Net
AmortizationOfDeferredRentAssetAndLiabilityNet
-363000 USD
good Amortization Of Deferred Rent Asset And Liability Net
AmortizationOfDeferredRentAssetAndLiabilityNet
-633000 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 On Leased Property
AnnualizedStraightLineRentOnLeasedProperty
1475000 USD
good Annualized Straight Line Rent On Leased Property
AnnualizedStraightLineRentOnLeasedProperty
4062000 USD
good Area Of Leased Property
AreaOfLeasedProperty
460017 sqft
good Area Of Leased Property
AreaOfLeasedProperty
577471 sqft
good Asset Retirement Obligation Expense
AssetRetirementObligationExpense
114000 USD
good Asset Retirement Obligation Expense
AssetRetirementObligationExpense
96000 USD
CY2016Q3 good Base Management Fee
BaseManagementFee
1072000 USD
good Base Management Fee
BaseManagementFee
2789000 USD
CY2017Q3 good Base Management Fee
BaseManagementFee
1277000 USD
good Base Management Fee
BaseManagementFee
3665000 USD
CY2016Q3 good Business Acquisition Pro Forma Dividends Attributable To Preferred And Senior Common Stock
BusinessAcquisitionProFormaDividendsAttributableToPreferredAndSeniorCommonStock
2256000 USD
good Business Acquisition Pro Forma Dividends Attributable To Preferred And Senior Common Stock
BusinessAcquisitionProFormaDividendsAttributableToPreferredAndSeniorCommonStock
5050000 USD
CY2016Q3 good Business Acquisition Pro Forma Earnings Per Share Basic And Diluted
BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted
-0.09
good Business Acquisition Pro Forma Earnings Per Share Basic And Diluted
BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted
-0.13
good Interest Income From Mortgage Note Receivable
InterestIncomeFromMortgageNoteReceivable
385000 USD
CY2017Q3 good Interest Income From Mortgage Note Receivable
InterestIncomeFromMortgageNoteReceivable
0 USD
CY2016Q3 good Business Acquisition Pro Forma Net Income
BusinessAcquisitionProFormaNetIncome
195000 USD
good Business Acquisition Pro Forma Net Income
BusinessAcquisitionProFormaNetIncome
1985000 USD
CY2016Q3 good Business Acquisition Pro Forma Operating Expenses
BusinessAcquisitionProFormaOperatingExpenses
15205000 USD
good Business Acquisition Pro Forma Operating Expenses
BusinessAcquisitionProFormaOperatingExpenses
42968000 USD
CY2016Q3 good Business Acquisition Pro Forma Other Expenses
BusinessAcquisitionProFormaOtherExpenses
6612000 USD
good Business Acquisition Pro Forma Other Expenses
BusinessAcquisitionProFormaOtherExpenses
21453000 USD
CY2015Q4 good Debt Instrument Termof Extended Period
DebtInstrumentTermofExtendedPeriod
P1Y
CY2016Q3 good Distributions Attributable To Senior Common Stock
DistributionsAttributableToSeniorCommonStock
254000 USD
good Distributions Attributable To Senior Common Stock
DistributionsAttributableToSeniorCommonStock
758000 USD
CY2017Q3 good Distributions Attributable To Senior Common Stock
DistributionsAttributableToSeniorCommonStock
247000 USD
good Distributions Attributable To Senior Common Stock
DistributionsAttributableToSeniorCommonStock
744000 USD
CY2016Q3 good Earnings Per Weighted Average Share Of Senior Common Stock
EarningsPerWeightedAverageShareOfSeniorCommonStock
0.26
good Earnings Per Weighted Average Share Of Senior Common Stock
EarningsPerWeightedAverageShareOfSeniorCommonStock
0.79
CY2017Q3 good Earnings Per Weighted Average Share Of Senior Common Stock
EarningsPerWeightedAverageShareOfSeniorCommonStock
0.26
good Earnings Per Weighted Average Share Of Senior Common Stock
EarningsPerWeightedAverageShareOfSeniorCommonStock
0.79
CY2015Q3 good Effect Of Mortgage Loan Rate Of Return Estimate
EffectOfMortgageLoanRateOfReturnEstimate
0.220
good Fixed Asset Additions Paid For By Tenant
FixedAssetAdditionsPaidForByTenant
2570000 USD
good Fixed Asset Additions Paid For By Tenant
FixedAssetAdditionsPaidForByTenant
2201000 USD
good Fixed Asset Additions Paid For By Tenanton Acquired Business
FixedAssetAdditionsPaidForByTenantonAcquiredBusiness
0 USD
good Fixed Asset Additions Paid For By Tenanton Acquired Business
FixedAssetAdditionsPaidForByTenantonAcquiredBusiness
3966000 USD
good Improvements Of Existing Real Estate
ImprovementsOfExistingRealEstate
3793000 USD
good Improvements Of Existing Real Estate
ImprovementsOfExistingRealEstate
8233000 USD
CY2016Q3 good Incentive Fee
IncentiveFee
564000 USD
good Incentive Fee
IncentiveFee
1837000 USD
CY2017Q3 good Incentive Fee
IncentiveFee
640000 USD
good Incentive Fee
IncentiveFee
1760000 USD
CY2016Q3 good Incentive Fee On Capital Gains
IncentiveFeeOnCapitalGains
0 USD
good Incentive Fee On Capital Gains
IncentiveFeeOnCapitalGains
0 USD
CY2017Q3 good Incentive Fee On Capital Gains
IncentiveFeeOnCapitalGains
0 USD
good Incentive Fee On Capital Gains
IncentiveFeeOnCapitalGains
0 USD
CY2016Q3 good Interest Income From Mortgage Note Receivable
InterestIncomeFromMortgageNoteReceivable
0 USD
CY2017Q3 good Interest Income From Mortgage Note Receivable
InterestIncomeFromMortgageNoteReceivable
0 USD
good Interest Income From Mortgage Note Receivable
InterestIncomeFromMortgageNoteReceivable
0 USD
good Interest Income From Mortgage Note Receivable
InterestIncomeFromMortgageNoteReceivable
0 USD
good Interest Rate Swap Assumed
InterestRateSwapAssumed
0 USD
good Interest Rate Swap Assumed
InterestRateSwapAssumed
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CY2015Q2 good Interim Financing Loan For Acquisition
InterimFinancingLoanForAcquisition
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CY2017Q3 good Lessee Operating Lease Numberof Units Under Operating Lease Arrangements
LesseeOperatingLeaseNumberofUnitsUnderOperatingLeaseArrangements
4 lease
CY2015Q4 good Line Of Credit Facility Expiration Month And Year
LineOfCreditFacilityExpirationMonthAndYear
2019-08
CY2015Q4 good Line Of Credit Facility Optional Extension Period
LineOfCreditFacilityOptionalExtensionPeriod
P1Y
CY2015Q4 good Line Of Credit Facility Percentage Of Extension Fee On Initial Maturity
LineOfCreditFacilityPercentageOfExtensionFeeOnInitialMaturity
0.0025
CY2016Q3 good Net Income Loss From Acquired Properties
NetIncomeLossFromAcquiredProperties
-82000 USD
good Net Income Loss From Acquired Properties
NetIncomeLossFromAcquiredProperties
-203000 USD
good Non Cash Capital Improvements Included In Accounts Payable And Accrued Expenses
NonCashCapitalImprovementsIncludedInAccountsPayableAndAccruedExpenses
2023000 USD
good Non Cash Capital Improvements Included In Accounts Payable And Accrued Expenses
NonCashCapitalImprovementsIncludedInAccountsPayableAndAccruedExpenses
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CY2015Q3 good Notice Period For Termination Of Agreement With Cause
NoticePeriodForTerminationOfAgreementWithCause
P30D
CY2015Q3 good Notice Period For Termination Of Agreement Without Cause
NoticePeriodForTerminationOfAgreementWithoutCause
P120D
CY2017Q3 good Number Of Existing Encumbered Properties
NumberOfExistingEncumberedProperties
91 property
good Number Of Leased Properties
NumberOfLeasedProperties
7 property
good Number Of Leased Properties
NumberOfLeasedProperties
6 property
good Number Of Lender Added
NumberOfLenderAdded
3 lender
good Number Of Long Term Mortgages Repaid
NumberOfLongTermMortgagesRepaid
4 mortgage
CY2016Q3 good Number Of Properties Acquired
NumberOfPropertiesAcquired
2 property
CY2017Q3 good Number Of Properties Acquired
NumberOfPropertiesAcquired
5 property
CY2017Q3 good Number Of Real Estate Properties Held For Sale
NumberOfRealEstatePropertiesHeldForSale
0 property
good Numberof Executive Officers
NumberofExecutiveOfficers
2 officer
CY2017Q1 good Numberof Impaired Assets Heldand Used
NumberofImpairedAssetsHeldandUsed
2 property
CY2017Q2 good Numberof Impaired Assets Heldand Used
NumberofImpairedAssetsHeldandUsed
0 property
CY2017Q3 good Numberof Impaired Assets Heldand Used
NumberofImpairedAssetsHeldandUsed
0 property
CY2017Q3 good Numberof Impaired Assets Heldforuse Reclassifiedfrom Heldforsale
NumberofImpairedAssetsHeldforuseReclassifiedfromHeldforsale
1 property
CY2017Q2 good Numberof Impaired Assets Sold Heldforuse
NumberofImpairedAssetsSoldHeldforuse
1 property
good Numberof Properties Repaid To Collateralized Mortgage Notes Payable
NumberofPropertiesRepaidToCollateralizedMortgageNotesPayable
10 mortgage
good Numberof Properties Sold
NumberofPropertiesSold
4 property
CY2015Q3 good Numberof Quarters Usedforthe Capof Average Quarterly Incentive Fees
NumberofQuartersUsedfortheCapofAverageQuarterlyIncentiveFees
4 quarter
CY2016Q3 good Operating Leases Income Statement Lease Revenue From Acquired Properties
OperatingLeasesIncomeStatementLeaseRevenueFromAcquiredProperties
464000 USD
good Operating Leases Income Statement Lease Revenue From Acquired Properties
OperatingLeasesIncomeStatementLeaseRevenueFromAcquiredProperties
603000 USD
CY2016Q3 good Payment Of Financing Fee
PaymentOfFinancingFee
100000 USD
good Payment Of Financing Fee
PaymentOfFinancingFee
200000 USD
CY2017Q3 good Payment Of Financing Fee
PaymentOfFinancingFee
100000 USD
good Payment Of Financing Fee
PaymentOfFinancingFee
200000 USD
good Payments To Acquire Real Estate And Intangible Assets
PaymentsToAcquireRealEstateAndIntangibleAssets
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good Payments To Acquire Real Estate And Intangible Assets
PaymentsToAcquireRealEstateAndIntangibleAssets
83242000 USD
good Payments To Lenders For Reserves Held In Escrow
PaymentsToLendersForReservesHeldInEscrow
2385000 USD
good Payments To Lenders For Reserves Held In Escrow
PaymentsToLendersForReservesHeldInEscrow
5252000 USD
good Payments To Tenants From Reserves
PaymentsToTenantsFromReserves
2219000 USD
good Payments To Tenants From Reserves
PaymentsToTenantsFromReserves
783000 USD
good Paymentsfor Tenant Inducement
PaymentsforTenantInducement
0 USD
good Paymentsfor Tenant Inducement
PaymentsforTenantInducement
122000 USD
CY2015Q3 good Percentage Of Incentive Fees On Capital Gains
PercentageOfIncentiveFeesOnCapitalGains
0.150
CY2015Q3 good Percentage Of Mortgage Loan Interest Earned In Cash
PercentageOfMortgageLoanInterestEarnedInCash
0.090
CY2015Q3 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
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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
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0.021875
CY2016 good Preferred Stock Write Off Of Offering Costs
PreferredStockWriteOffOfOfferingCosts
200000 USD
good Proceeds From Deposits Applied Against Acquisition Of Real Estate Investments
ProceedsFromDepositsAppliedAgainstAcquisitionOfRealEstateInvestments
1250000 USD
good Proceeds From Deposits Applied Against Acquisition Of Real Estate Investments
ProceedsFromDepositsAppliedAgainstAcquisitionOfRealEstateInvestments
1650000 USD
CY2016Q3 good Property Operating Expenses
PropertyOperatingExpenses
1410000 USD
good Property Operating Expenses
PropertyOperatingExpenses
4455000 USD
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PropertyOperatingExpenses
2178000 USD
good Property Operating Expenses
PropertyOperatingExpenses
5062000 USD
good Purchase Price Of Acquired Property
PurchasePriceOfAcquiredProperty
40900000 USD
good Purchase Price Of Acquired Property
PurchasePriceOfAcquiredProperty
94421000 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
2747000 USD
good Receipts From Lenders For Reserves Held In Escrow
ReceiptsFromLendersForReservesHeldInEscrow
3712000 USD
good Receipts From Tenants For Reserves
ReceiptsFromTenantsForReserves
2678000 USD
good Receipts From Tenants For Reserves
ReceiptsFromTenantsForReserves
1450000 USD
CY2016Q3 good Secured Mortgages Financing Fee Percent
SecuredMortgagesFinancingFeePercent
0.0028
good Secured Mortgages Financing Fee Percent
SecuredMortgagesFinancingFeePercent
0.0036
CY2017Q3 good Secured Mortgages Financing Fee Percent
SecuredMortgagesFinancingFeePercent
0.0025
good Secured Mortgages Financing Fee Percent
SecuredMortgagesFinancingFeePercent
0.0027
CY2016Q4 good Senior Common Stock Par Value
SeniorCommonStockParValue
0.001
CY2017Q3 good Senior Common Stock Par Value
SeniorCommonStockParValue
0.001
CY2016Q4 good Senior Common Stock Shares Authorized
SeniorCommonStockSharesAuthorized
4450000 shares
CY2017Q3 good Senior Common Stock Shares Authorized
SeniorCommonStockSharesAuthorized
4450000 shares
CY2016Q4 good Senior Common Stock Shares Issued
SeniorCommonStockSharesIssued
959552 shares
CY2017Q3 good Senior Common Stock Shares Issued
SeniorCommonStockSharesIssued
928192 shares
CY2016Q4 good Senior Common Stock Shares Outstanding
SeniorCommonStockSharesOutstanding
959552 shares
CY2017Q3 good Senior Common Stock Shares Outstanding
SeniorCommonStockSharesOutstanding
928192 shares
CY2016Q4 good Senior Common Stocks
SeniorCommonStocks
1000 USD
CY2017Q3 good Senior Common Stocks
SeniorCommonStocks
1000 USD
CY2015Q3 good Termination Fee Payableas Percentageof Average Annual Management Feeand Incentive Fee During Twenty Four Month Period
TerminationFeePayableasPercentageofAverageAnnualManagementFeeandIncentiveFeeDuringTwentyFourMonthPeriod
2
CY2016Q3 good Weighted Average Shares Of Senior Common Stock Outstanding Basic
WeightedAverageSharesOfSeniorCommonStockOutstandingBasic
959552 shares
good Weighted Average Shares Of Senior Common Stock Outstanding Basic
WeightedAverageSharesOfSeniorCommonStockOutstandingBasic
961041 shares
CY2017Q3 good Weighted Average Shares Of Senior Common Stock Outstanding Basic
WeightedAverageSharesOfSeniorCommonStockOutstandingBasic
932636 shares
good Weighted Average Shares Of Senior Common Stock Outstanding Basic
WeightedAverageSharesOfSeniorCommonStockOutstandingBasic
947238 shares
CY2016Q4 invest Derivative Notional Amount
DerivativeNotionalAmount
71721000 USD
CY2017Q3 invest Derivative Notional Amount
DerivativeNotionalAmount
93920000 USD
CY2016Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
5891000 USD
CY2017Q3 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
8221000 USD
CY2016Q4 us-gaap Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
223587000 USD
CY2017Q3 us-gaap Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
253314000 USD
CY2016Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
0 USD
CY2017Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
172000 USD
us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P9Y
us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P10Y4M24D
CY2016Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
463436000 USD
CY2017Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
520143000 USD
CY2016Q3 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
300000 USD
us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
700000 USD
CY2017Q3 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
400000 USD
us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
1100000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-145000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-80000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1537000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1248000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-371000 USD
CY2016Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3400000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
9900000 USD
CY2017Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3900000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10900000 USD
CY2014Q3 us-gaap Area Of Real Estate Property
AreaOfRealEstateProperty
81371 sqft
CY2016Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
1786000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
2016000 USD
CY2017Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
300000 USD
CY2017Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
3999000 USD
CY2016Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
3406000 USD
CY2017Q3 us-gaap Asset Retirement Obligation
AssetRetirementObligation
3136000 USD
CY2016Q4 us-gaap Assets
Assets
851742000 USD
CY2017Q3 us-gaap Assets
Assets
904851000 USD
CY2016Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
9562000 USD
CY2017Q3 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
0 USD
CY2016Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
8959000 USD
CY2017Q3 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
10022000 USD
CY2016Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
21606000 USD
CY2017Q3 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
25576000 USD
CY2016Q3 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-2061000 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-3065000 USD
CY2016Q3 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
22012000 USD
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
66406000 USD
CY2017Q1 us-gaap Capital Units Authorized
CapitalUnitsAuthorized
0 shares
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5152000 USD
CY2016Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
8747000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4658000 USD
CY2017Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4287000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
3595000 USD
CY2016Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2016Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.375
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.125
CY2017Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.375
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.125
CY2016Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2017Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2016Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
34040000 shares
CY2017Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
34200000 shares
CY2016Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
24882758 shares
CY2017Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
27694624 shares
CY2016Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
24882758 shares
CY2017Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
27694624 shares
us-gaap Loans Assumed1
LoansAssumed1
0 USD
CY2016Q4 us-gaap Common Stock Value
CommonStockValue
25000 USD
CY2017Q3 us-gaap Common Stock Value
CommonStockValue
28000 USD
CY2016Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-73000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
1665000 USD
CY2017Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
2376000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
7575000 USD
CY2017Q3 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0452
CY2016Q4 us-gaap Deferred Rent Credit
DeferredRentCredit
12647000 USD
CY2017Q3 us-gaap Deferred Rent Credit
DeferredRentCredit
15554000 USD
CY2016Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
29725000 USD
CY2017Q3 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
31030000 USD
CY2016Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
9459000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
27796000 USD
CY2017Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
10829000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
30673000 USD
us-gaap Derivative Cost Of Hedge
DerivativeCostOfHedge
482000 USD
CY2016Q3 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
0 USD
us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
0 USD
CY2017Q3 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
0 USD
us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
0 USD
us-gaap Dividends
Dividends
37130000 USD
CY2016Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
2075000 USD
CY2017Q3 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
2250000 USD
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.10
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.15
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.03
CY2016Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.10
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.15
CY2017Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.01
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.03
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.10
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.15
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.03
CY2016Q4 us-gaap Escrow Deposit
EscrowDeposit
6806000 USD
CY2017Q3 us-gaap Escrow Deposit
EscrowDeposit
12312000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
105553000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
115210000 USD
us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
0 USD
us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
-172000 USD
CY2016Q3 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
-24000 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
-24000 USD
CY2017Q3 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
1000 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
3993000 USD
CY2016Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
570000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1882000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
400000 USD
CY2017Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
650000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1776000 USD
CY2017Q1 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
3700000 USD
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
2000000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
240000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-239000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-288000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1732000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
51000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
634000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-203000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
503000 USD
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
73000 USD
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
-165000 USD
CY2016Q3 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
CY2017Q3 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
CY2016Q3 us-gaap Interest Expense
InterestExpense
6338000 USD
us-gaap Interest Expense
InterestExpense
19648000 USD
CY2017Q3 us-gaap Interest Expense
InterestExpense
6119000 USD
us-gaap Interest Expense
InterestExpense
18223000 USD
CY2016Q3 us-gaap Interest Expense Other
InterestExpenseOther
131000 USD
us-gaap Interest Expense Other
InterestExpenseOther
1502000 USD
CY2017Q3 us-gaap Interest Expense Other
InterestExpenseOther
0 USD
us-gaap Interest Expense Other
InterestExpenseOther
0 USD
CY2016Q4 us-gaap Interest Rate Fair Value Hedge Derivative At Fair Value Net
InterestRateFairValueHedgeDerivativeAtFairValueNet
101000 USD
CY2017Q3 us-gaap Interest Rate Fair Value Hedge Derivative At Fair Value Net
InterestRateFairValueHedgeDerivativeAtFairValueNet
49000 USD
CY2016Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
662661000 USD
CY2017Q3 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
703644000 USD
CY2016Q4 us-gaap Land
Land
104719000 USD
CY2017Q3 us-gaap Land
Land
117441000 USD
CY2016Q3 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
100000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
400000 USD
CY2017Q3 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
100000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
541122000 USD
CY2017Q3 us-gaap Liabilities
Liabilities
555841000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
851742000 USD
CY2017Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
904851000 USD
CY2016Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
1041000 USD
CY2017Q3 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
0 USD
CY2016Q4 us-gaap Line Of Credit
LineOfCredit
39225000 USD
CY2017Q3 us-gaap Line Of Credit
LineOfCredit
43933000 USD
CY2013Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
100000000.0 USD
CY2015Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
150000000.0 USD
us-gaap Loans Assumed1
LoansAssumed1
11179000 USD
CY2016Q4 us-gaap Long Term Debt
LongTermDebt
509395000 USD
CY2017Q3 us-gaap Long Term Debt
LongTermDebt
518877000 USD
CY2016Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
24892000 USD
CY2017Q3 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
24912000 USD
CY2017Q3 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
0 USD
CY2014Q3 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
5600000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
9027000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
28184000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-35247000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-63352000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
29815000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
34797000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
-73000 USD
us-gaap Net Income Loss
NetIncomeLoss
1665000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
2383000 USD
us-gaap Net Income Loss
NetIncomeLoss
7403000 USD
CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2329000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-3385000 USD
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-384000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-671000 USD
CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-2329000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-3385000 USD
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-384000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-671000 USD
CY2016Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-6490000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-20837000 USD
CY2017Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-6115000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-14216000 USD
CY2017Q3 us-gaap Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
461800000 USD
CY2017Q3 us-gaap Number Of Properties Subject To Ground Leases
NumberOfPropertiesSubjectToGroundLeases
4 lease
CY2016Q3 us-gaap Operating Expenses
OperatingExpenses
15172000 USD
us-gaap Operating Expenses
OperatingExpenses
41861000 USD
CY2017Q3 us-gaap Operating Expenses
OperatingExpenses
15867000 USD
us-gaap Operating Expenses
OperatingExpenses
47928000 USD
CY2016Q3 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
21205000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
62752000 USD
CY2017Q3 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
23815000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
68253000 USD
CY2016Q4 us-gaap Other Assets
OtherAssets
2320000 USD
CY2017Q3 us-gaap Other Assets
OtherAssets
4094000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
0 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-7000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
172000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
172000 USD
CY2016Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
0 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
0 USD
CY2017Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-7000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
172000 USD
CY2016Q4 us-gaap Other Liabilities
OtherLiabilities
6667000 USD
CY2017Q3 us-gaap Other Liabilities
OtherLiabilities
7803000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
337000 USD
CY2016Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
3000 USD
CY2017Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
3000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
14000 USD
us-gaap Payments For Commissions
PaymentsForCommissions
628000 USD
us-gaap Payments For Commissions
PaymentsForCommissions
192000 USD
us-gaap Payments For Lease Commissions
PaymentsForLeaseCommissions
221000 USD
us-gaap Payments For Lease Commissions
PaymentsForLeaseCommissions
475000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
178000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
24000 USD
us-gaap Payments For Tenant Improvements
PaymentsForTenantImprovements
333000 USD
us-gaap Payments For Tenant Improvements
PaymentsForTenantImprovements
1181000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
30862000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
37130000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1024000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
992000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
2367000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
1922000 USD
us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
1750000 USD
us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
1650000 USD
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
2000 USD
CY2017Q3 us-gaap Preferred Stock Value
PreferredStockValue
2000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
90999000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
69891000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
132500000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
89800000 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
56005000 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
51208000 USD
us-gaap Proceeds From Repurchase Of Redeemable Preferred Stock
ProceedsFromRepurchaseOfRedeemablePreferredStock
-38500000 USD
us-gaap Proceeds From Repurchase Of Redeemable Preferred Stock
ProceedsFromRepurchaseOfRedeemablePreferredStock
0 USD
us-gaap Proceeds From Sale And Collection Of Mortgage Notes Receivable
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
5900000 USD
us-gaap Proceeds From Sale And Collection Of Mortgage Notes Receivable
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
0 USD
us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
3022000 USD
us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
29499000 USD
CY2016Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
131661000 USD
CY2017Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
146229000 USD
CY2016Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
821749000 USD
CY2017Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
880614000 USD
CY2016Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
690088000 USD
CY2017Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
734385000 USD
CY2016Q3 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
21589000 USD
us-gaap Real Estate Revenue Net
RealEstateRevenueNet
64363000 USD
CY2017Q3 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
24365000 USD
us-gaap Real Estate Revenue Net
RealEstateRevenueNet
69547000 USD
CY2016Q4 us-gaap Redeemable Noncontrolling Interest Equity Preferred Carrying Amount
RedeemableNoncontrollingInterestEquityPreferredCarryingAmount
70743000 USD
CY2017Q3 us-gaap Redeemable Noncontrolling Interest Equity Preferred Carrying Amount
RedeemableNoncontrollingInterestEquityPreferredCarryingAmount
81978000 USD
CY2016Q3 us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
2002000 USD
CY2017Q3 us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
2520000 USD
us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
4292000 USD
us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
7330000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
130500000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
85300000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
67119000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
57182000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
3030000 USD
CY2017Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
3533000 USD
CY2016Q4 us-gaap Secured Long Term Debt
SecuredLongTermDebt
445278000 USD
CY2017Q3 us-gaap Secured Long Term Debt
SecuredLongTermDebt
450032000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
56734000 USD
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
24000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
239877000 USD
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
267032000 USD
us-gaap Straight Line Rent
StraightLineRent
2780000 USD
us-gaap Straight Line Rent
StraightLineRent
2437000 USD
CY2016Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
70743000 USD
CY2017Q3 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
81978000 USD
CY2016Q4 us-gaap Tenant Improvements
TenantImprovements
54369000 USD
CY2017Q3 us-gaap Tenant Improvements
TenantImprovements
59529000 USD
CY2016Q3 us-gaap Tenant Reimbursements
TenantReimbursements
384000 USD
us-gaap Tenant Reimbursements
TenantReimbursements
1226000 USD
CY2017Q3 us-gaap Tenant Reimbursements
TenantReimbursements
550000 USD
us-gaap Tenant Reimbursements
TenantReimbursements
1294000 USD
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
23509054 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
22915086 shares
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27234569 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25833423 shares
CY2016Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
23509054 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
22915086 shares
CY2017Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
27234569 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
25833423 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23509054 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22915086 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27234569 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25833423 shares
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;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%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain items on condensed consolidated statement of operations and other comprehensive income (loss) for the </font><font style="font-family:inherit;font-size:10pt;">three and nine months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">September&#160;30, 2016</font><font style="font-family:inherit;font-size:10pt;"> have been reclassified to conform to the current period's presentation. These reclassifications had no impact on previously-reported equity, net loss attributable to common stockholders, or net change in cash and cash equivalents.</font></div></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;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%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;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>

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