2018 Q2 Form 10-Q Financial Statement

#000123400618000011 Filed on July 30, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q2
Revenue $26.59M $22.87M
YoY Change 16.29% 7.62%
Cost Of Revenue $3.980M $2.610M
YoY Change 52.49% 13.97%
Gross Profit $22.62M $20.26M
YoY Change 11.65% 6.86%
Gross Profit Margin 85.06% 88.6%
Selling, General & Admin $1.790M $1.570M
YoY Change 14.01% -3.68%
% of Gross Profit 7.91% 7.75%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $11.77M $9.930M
YoY Change 18.53% 7.82%
% of Gross Profit 52.03% 49.01%
Operating Expenses $17.54M $14.36M
YoY Change 22.18% 6.88%
Operating Profit $5.078M $5.903M
YoY Change -13.98% 6.8%
Interest Expense $6.531M $5.944M
YoY Change 9.88% -9.65%
% of Operating Profit 128.61% 100.69%
Other Income/Expense, Net -$6.526M -$7.849M
YoY Change -16.86% 13.24%
Pretax Income $2.530M $660.0K
YoY Change 283.33% -25.0%
Income Tax
% Of Pretax Income
Net Earnings $2.525M $661.0K
YoY Change 282.0% -25.14%
Net Earnings / Revenue 9.49% 2.89%
Basic Earnings Per Share -$0.01 -$0.08
Diluted Earnings Per Share -$0.01 -$0.08
COMMON SHARES
Basic Shares Outstanding 28.44M shares 25.28M shares
Diluted Shares Outstanding 28.44M shares 25.28M shares

Balance Sheet

Concept 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.600M $5.000M
YoY Change -8.0% 25.0%
Cash & Equivalents $4.552M $5.014M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $1.400M $4.200M
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $6.000M $9.200M
YoY Change -34.78% 17.95%
LONG-TERM ASSETS
Property, Plant & Equipment $742.0M $679.7M
YoY Change 9.17% 1.84%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $46.50M $35.80M
YoY Change 29.89% -7.49%
Total Long-Term Assets $906.0M $822.4M
YoY Change 10.17% 1.47%
TOTAL ASSETS
Total Short-Term Assets $6.000M $9.200M
Total Long-Term Assets $906.0M $822.4M
Total Assets $912.0M $831.6M
YoY Change 9.67% 1.62%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.400M $2.100M
YoY Change 14.29% 10.53%
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 $5.600M $2.100M
YoY Change 166.67% -43.24%
LONG-TERM LIABILITIES
Long-Term Debt $542.5M $484.8M
YoY Change 11.9% -10.24%
Other Long-Term Liabilities $24.80M $24.50M
YoY Change 1.22% 19.51%
Total Long-Term Liabilities $567.3M $509.3M
YoY Change 11.39% -9.15%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.600M $2.100M
Total Long-Term Liabilities $567.3M $509.3M
Total Liabilities $575.2M $515.2M
YoY Change 11.65% -9.01%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $29.00K $26.00K
YoY Change 11.54% 13.04%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $251.2M $238.8M
YoY Change
Total Liabilities & Shareholders Equity $912.0M $831.6M
YoY Change 9.67% 1.62%

Cashflow Statement

Concept 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income $2.525M $661.0K
YoY Change 282.0% -25.14%
Depreciation, Depletion And Amortization $11.77M $9.930M
YoY Change 18.53% 7.82%
Cash From Operating Activities $13.37M $10.94M
YoY Change 22.21% 20.88%
INVESTING ACTIVITIES
Capital Expenditures -$1.240M -$6.350M
YoY Change -80.47% -64.64%
Acquisitions
YoY Change
Other Investing Activities -$220.0K $10.94M
YoY Change -102.01% 1202.38%
Cash From Investing Activities -$1.460M $4.580M
YoY Change -131.88% -126.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -11.65M -14.87M
YoY Change -21.65% -310.62%
NET CHANGE
Cash From Operating Activities 13.37M 10.94M
Cash From Investing Activities -1.460M 4.580M
Cash From Financing Activities -11.65M -14.87M
Net Change In Cash 260.0K 650.0K
YoY Change -60.0% -164.36%
FREE CASH FLOW
Cash From Operating Activities $13.37M $10.94M
Capital Expenditures -$1.240M -$6.350M
Free Cash Flow $14.61M $17.29M
YoY Change -15.5% -35.99%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2018
good Non Cash Capital Improvements Included In Accounts Payable And Accrued Expenses
NonCashCapitalImprovementsIncludedInAccountsPayableAndAccruedExpenses
2031000 USD
good Non Cash Capital Improvements Included In Accounts Payable And Accrued Expenses
NonCashCapitalImprovementsIncludedInAccountsPayableAndAccruedExpenses
31000 USD
good Secured Mortgages Financing Fee Percent
SecuredMortgagesFinancingFeePercent
0.0011
us-gaap Loans Assumed1
LoansAssumed1
0 USD
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Entity Registrant Name
EntityRegistrantName
GLADSTONE COMMERCIAL CORP
dei Trading Symbol
TradingSymbol
GOOD
dei Document Period End Date
DocumentPeriodEndDate
2018-06-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001234006
CY2018Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
28663687 shares
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2018Q2 good Distributions Attributable To Senior Common Stock
DistributionsAttributableToSeniorCommonStock
233000 USD
good Distributions Attributable To Senior Common Stock
DistributionsAttributableToSeniorCommonStock
465000 USD
CY2017Q2 good Administration Fee
AdministrationFee
340000 USD
good Administration Fee
AdministrationFee
700000 USD
CY2018Q2 good Administration Fee
AdministrationFee
360000 USD
good Administration Fee
AdministrationFee
747000 USD
good Amortization Of Deferred Rent Asset And Liability Net
AmortizationOfDeferredRentAssetAndLiabilityNet
-412000 USD
good Amortization Of Deferred Rent Asset And Liability Net
AmortizationOfDeferredRentAssetAndLiabilityNet
-522000 USD
CY2017Q1 good Amount To Be Paid To Adviser In Percentage Of Pre Incentive Fee Condition One
AmountToBePaidToAdviserInPercentageOfPreIncentiveFeeConditionOne
0.150
CY2017Q1 good Annual Base Management Fee In Percentage Of Stockholders Equity Adjusted To Unrealized Gains Or Losses
AnnualBaseManagementFeeInPercentageOfStockholdersEquityAdjustedToUnrealizedGainsOrLosses
0.015
CY2017Q1 good Annualized Incentive Fee Per Advisory Agreement
AnnualizedIncentiveFeePerAdvisoryAgreement
0.08
good Annualized Straight Line Rent On Leased Property
AnnualizedStraightLineRentOnLeasedProperty
1683000 USD
good Annualized Straight Line Rent On Leased Property
AnnualizedStraightLineRentOnLeasedProperty
97000 USD
good Area Of Leased Property
AreaOfLeasedProperty
83662 sqft
good Area Of Leased Property
AreaOfLeasedProperty
34441 sqft
good Asset Retirement Obligation Expense
AssetRetirementObligationExpense
65000 USD
good Asset Retirement Obligation Expense
AssetRetirementObligationExpense
60000 USD
CY2017Q2 good Base Management Fee
BaseManagementFee
1207000 USD
good Base Management Fee
BaseManagementFee
2387000 USD
CY2018Q2 good Base Management Fee
BaseManagementFee
1260000 USD
good Base Management Fee
BaseManagementFee
2556000 USD
CY2018Q2 good Capital Stock Shares Authorized
CapitalStockSharesAuthorized
100000000 shares
CY2017Q2 good Distributions Attributable To Senior Common Stock
DistributionsAttributableToSeniorCommonStock
249000 USD
good Distributions Attributable To Senior Common Stock
DistributionsAttributableToSeniorCommonStock
497000 USD
CY2017Q2 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
CY2018Q2 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
good Fixed Asset Additions Paid For By Tenant
FixedAssetAdditionsPaidForByTenant
1571000 USD
good Fixed Asset Additions Paid For By Tenant
FixedAssetAdditionsPaidForByTenant
27000 USD
good Improvements Of Existing Real Estate
ImprovementsOfExistingRealEstate
6796000 USD
good Improvements Of Existing Real Estate
ImprovementsOfExistingRealEstate
2169000 USD
CY2017Q2 good Incentive Fee
IncentiveFee
551000 USD
good Incentive Fee
IncentiveFee
1120000 USD
CY2018Q2 good Incentive Fee
IncentiveFee
733000 USD
good Incentive Fee
IncentiveFee
1429000 USD
CY2017Q2 good Incentive Fee On Capital Gains
IncentiveFeeOnCapitalGains
0 USD
good Incentive Fee On Capital Gains
IncentiveFeeOnCapitalGains
0 USD
CY2018Q2 good Incentive Fee On Capital Gains
IncentiveFeeOnCapitalGains
0 USD
good Incentive Fee On Capital Gains
IncentiveFeeOnCapitalGains
0 USD
CY2017Q2 good Incentive Fee Waived
IncentiveFeeWaived
0 USD
good Incentive Fee Waived
IncentiveFeeWaived
0 USD
CY2018Q2 good Incentive Fee Waived
IncentiveFeeWaived
0 USD
good Incentive Fee Waived
IncentiveFeeWaived
0 USD
good Interest Rate Swap Assumed Amount
InterestRateSwapAssumedAmount
42000 USD
good Interest Rate Swap Assumed Amount
InterestRateSwapAssumedAmount
0 USD
CY2018Q2 good Lessee Operating Lease Numberof Units Under Operating Lease Arrangements
LesseeOperatingLeaseNumberofUnitsUnderOperatingLeaseArrangements
4 Agreement
CY2017Q4 good Line Of Credit Facility Percentage Of Extension Fee On Initial Maturity
LineOfCreditFacilityPercentageOfExtensionFeeOnInitialMaturity
0.0025
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
783000 USD
CY2017Q1 good Notice Period For Termination Of Agreement With Cause
NoticePeriodForTerminationOfAgreementWithCause
P30D
CY2017Q1 good Notice Period For Termination Of Agreement Without Cause
NoticePeriodForTerminationOfAgreementWithoutCause
P120D
CY2018Q2 good Number Of Existing Encumbered Properties
NumberOfExistingEncumberedProperties
98 property
good Number Of Leased Properties
NumberOfLeasedProperties
1 property
good Number Of Leased Properties
NumberOfLeasedProperties
1 property
good Number Of Long Term Mortgages Repaid
NumberOfLongTermMortgagesRepaid
1 mortgage
good Number Of Long Term Mortgages Repaid
NumberOfLongTermMortgagesRepaid
1 property
CY2017Q2 good Number Of Properties Acquired
NumberOfPropertiesAcquired
1 property
CY2018Q2 good Number Of Properties Acquired
NumberOfPropertiesAcquired
1 property
good Number Of Properties Collateralized
NumberOfPropertiesCollateralized
2 property
CY2018Q2 good Number Of Real Estate Properties Held For Sale
NumberOfRealEstatePropertiesHeldForSale
1 property
good Numberof Executive Officers
NumberofExecutiveOfficers
2 officer
CY2018Q2 good Numberof Impaired Assets Heldand Used
NumberofImpairedAssetsHeldandUsed
0 property
CY2017Q4 good Numberof Impaired Assets Sold Heldfor Sale
NumberofImpairedAssetsSoldHeldforSale
2 property
good Numberof Non Core Properties Sold
NumberofNonCorePropertiesSold
2 property
good Numberof Properties Repaid To Collateralized Mortgage Notes Payable
NumberofPropertiesRepaidToCollateralizedMortgageNotesPayable
1 mortgage
CY2017Q1 good Numberof Quarters Usedforthe Capof Average Quarterly Incentive Fees
NumberofQuartersUsedfortheCapofAverageQuarterlyIncentiveFees
4 quarter
CY2017Q2 good Payment Of Financing Fee
PaymentOfFinancingFee
60000 USD
good Payment Of Financing Fee
PaymentOfFinancingFee
60000 USD
CY2018Q2 good Payment Of Financing Fee
PaymentOfFinancingFee
1000 USD
good Payment Of Financing Fee
PaymentOfFinancingFee
20000 USD
good Payments To Acquire Real Estate And Intangible Assets
PaymentsToAcquireRealEstateAndIntangibleAssets
4518000 USD
good Payments To Acquire Real Estate And Intangible Assets
PaymentsToAcquireRealEstateAndIntangibleAssets
14341000 USD
good Payments To Lenders For Reserves Held In Escrow
PaymentsToLendersForReservesHeldInEscrow
1119000 USD
good Payments To Lenders For Reserves Held In Escrow
PaymentsToLendersForReservesHeldInEscrow
1248000 USD
good Payments To Tenants From Reserves
PaymentsToTenantsFromReserves
1255000 USD
good Payments To Tenants From Reserves
PaymentsToTenantsFromReserves
1175000 USD
good Paymentsfor Tenant Inducement
PaymentsforTenantInducement
122000 USD
good Paymentsfor Tenant Inducement
PaymentsforTenantInducement
0 USD
CY2017Q1 good Percentage Of Incentive Fees On Capital Gains
PercentageOfIncentiveFeesOnCapitalGains
0.150
CY2017Q1 good Percentageof Independent Directors Requiredto Terminatethe Amended Advisory Agreement
PercentageofIndependentDirectorsRequiredtoTerminatetheAmendedAdvisoryAgreement
0.6667
good Proceeds From Deposits Applied Against Acquisition Of Real Estate Investments
ProceedsFromDepositsAppliedAgainstAcquisitionOfRealEstateInvestments
0 USD
good Proceeds From Deposits Applied Against Acquisition Of Real Estate Investments
ProceedsFromDepositsAppliedAgainstAcquisitionOfRealEstateInvestments
300000 USD
CY2017Q2 good Property Operating Expenses
PropertyOperatingExpenses
1505000 USD
good Property Operating Expenses
PropertyOperatingExpenses
2884000 USD
CY2018Q2 good Property Operating Expenses
PropertyOperatingExpenses
2816000 USD
good Property Operating Expenses
PropertyOperatingExpenses
5609000 USD
good Purchase Price Of Acquired Property
PurchasePriceOfAcquiredProperty
14341000 USD
CY2017Q1 good Quarterly Base Management Fee In Percentage Of Stockholders Equity Adjusted To Unrealized Gains Or Losses
QuarterlyBaseManagementFeeInPercentageOfStockholdersEquityAdjustedToUnrealizedGainsOrLosses
0.00375
CY2017Q1 good Quarterly Incentive Fee Per Advisory Agreement
QuarterlyIncentiveFeePerAdvisoryAgreement
0.02
good Receipts From Lenders For Reserves Held In Escrow
ReceiptsFromLendersForReservesHeldInEscrow
3320000 USD
good Receipts From Lenders For Reserves Held In Escrow
ReceiptsFromLendersForReservesHeldInEscrow
1097000 USD
good Receipts From Tenants For Reserves
ReceiptsFromTenantsForReserves
1349000 USD
good Receipts From Tenants For Reserves
ReceiptsFromTenantsForReserves
1544000 USD
CY2017Q2 good Secured Mortgages Financing Fee Percent
SecuredMortgagesFinancingFeePercent
0.0031
good Secured Mortgages Financing Fee Percent
SecuredMortgagesFinancingFeePercent
0.31
CY2018Q2 good Secured Mortgages Financing Fee Percent
SecuredMortgagesFinancingFeePercent
0.0001
us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
700000 USD
CY2018Q2 good Senior Common Stock Authorized Unissued
SeniorCommonStockAuthorizedUnissued
57969 shares
CY2017Q4 good Senior Common Stock Par Value
SeniorCommonStockParValue
0.001
CY2018Q2 good Senior Common Stock Par Value
SeniorCommonStockParValue
0.001
CY2017Q4 good Senior Common Stock Shares Authorized
SeniorCommonStockSharesAuthorized
4450000 shares
CY2018Q2 good Senior Common Stock Shares Authorized
SeniorCommonStockSharesAuthorized
950000 shares
CY2017Q4 good Senior Common Stock Shares Issued
SeniorCommonStockSharesIssued
904819 shares
CY2018Q2 good Senior Common Stock Shares Issued
SeniorCommonStockSharesIssued
891118 shares
CY2017Q4 good Senior Common Stock Shares Outstanding
SeniorCommonStockSharesOutstanding
904819 shares
CY2018Q2 good Senior Common Stock Shares Outstanding
SeniorCommonStockSharesOutstanding
891118 shares
CY2017Q4 good Senior Common Stocks
SeniorCommonStocks
1000 USD
CY2018Q2 good Senior Common Stocks
SeniorCommonStocks
1000 USD
CY2018Q2 good Shares Reclassified To Common Stock Shares
SharesReclassifiedToCommonStockShares
3500000 shares
CY2017Q1 good Termination Fee Payableas Percentageof Average Annual Management Feeand Incentive Fee During Twenty Four Month Period
TerminationFeePayableasPercentageofAverageAnnualManagementFeeandIncentiveFeeDuringTwentyFourMonthPeriod
2
CY2017Q2 good Weighted Average Shares Of Senior Common Stock Outstanding Basic
WeightedAverageSharesOfSeniorCommonStockOutstandingBasic
950841 shares
good Weighted Average Shares Of Senior Common Stock Outstanding Basic
WeightedAverageSharesOfSeniorCommonStockOutstandingBasic
954590 shares
CY2018Q2 good Weighted Average Shares Of Senior Common Stock Outstanding Basic
WeightedAverageSharesOfSeniorCommonStockOutstandingBasic
891428 shares
good Weighted Average Shares Of Senior Common Stock Outstanding Basic
WeightedAverageSharesOfSeniorCommonStockOutstandingBasic
893315 shares
CY2017Q4 invest Derivative Notional Amount
DerivativeNotionalAmount
143512000 USD
CY2018Q2 invest Derivative Notional Amount
DerivativeNotionalAmount
135671000 USD
CY2017Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
7339000 USD
CY2018Q2 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
5606000 USD
CY2017Q4 us-gaap Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
268058000 USD
CY2018Q2 us-gaap Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
287910000 USD
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
35000 USD
CY2018Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
818000 USD
us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P9Y9M18D
us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P11Y1M6D
CY2017Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
534790000 USD
CY2018Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
538276000 USD
CY2017Q2 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
300000 USD
CY2018Q2 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
500000 USD
us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
1000000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-60000 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-53000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
854000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
758000 USD
CY2017Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3500000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7000000 USD
CY2018Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4300000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8600000 USD
CY2017Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
253000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
3999000 USD
CY2018Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2018Q2 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
28384016 shares
CY2017Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
3051000 USD
CY2018Q2 us-gaap Asset Retirement Obligation
AssetRetirementObligation
2814000 USD
CY2017Q4 us-gaap Assets
Assets
928454000 USD
CY2018Q2 us-gaap Assets
Assets
912008000 USD
CY2017Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
9046000 USD
CY2018Q2 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
1436000 USD
CY2017Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
10475000 USD
CY2018Q2 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
11474000 USD
CY2017Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
26725000 USD
CY2018Q2 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
26752000 USD
CY2017Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5014000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6683000 USD
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4552000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7688000 USD
CY2017Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7791000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9080000 USD
CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7290000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
103000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1790000 USD
CY2017Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2018Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2017Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.375
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.75
CY2018Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.375
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.75
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2018Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
34200000 shares
CY2018Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
87700000 shares
CY2018Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
87700000 shares
CY2018Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
28578654 shares
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
28384016 shares
CY2018Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
28578654 shares
CY2017Q4 us-gaap Common Stock Value
CommonStockValue
28000 USD
CY2018Q2 us-gaap Common Stock Value
CommonStockValue
29000 USD
CY2017Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
840000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
5199000 USD
CY2018Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
2814000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
7913000 USD
CY2017Q4 us-gaap Debt Instrument Fee Amount
DebtInstrumentFeeAmount
900000 USD
CY2018Q2 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0463
CY2017Q4 us-gaap Deferred Rent Credit
DeferredRentCredit
16250000 USD
CY2018Q2 us-gaap Deferred Rent Credit
DeferredRentCredit
15278000 USD
CY2017Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
33333000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
118927000 USD
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
3521000 USD
CY2018Q2 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
34280000 USD
CY2017Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
9926000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
19845000 USD
CY2018Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
11773000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
23358000 USD
CY2017Q4 us-gaap Derivative Assets
DerivativeAssets
504000 USD
CY2018Q2 us-gaap Derivative Assets
DerivativeAssets
1115000 USD
us-gaap Derivative Cost Of Hedge
DerivativeCostOfHedge
1111000 USD
CY2017Q2 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
CY2018Q2 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
26982000 USD
CY2017Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
2289000 USD
CY2018Q2 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
2352000 USD
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.08
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.05
CY2017Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.08
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.01
CY2018Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.01
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.05
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.08
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.05
CY2017Q4 us-gaap Escrow Deposit
EscrowDeposit
9369000 USD
CY2018Q2 us-gaap Escrow Deposit
EscrowDeposit
9520000 USD
CY2017Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
708948000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
111978000 USD
CY2017Q2 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
-1914000 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
3992000 USD
CY2018Q2 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
1844000 USD
CY2017Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
575000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1127000 USD
CY2018Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
600000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1245000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-837000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-206000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1615000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
458000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
392000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-511000 USD
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
-348000 USD
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
-26000 USD
CY2017Q2 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
CY2018Q2 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
CY2017Q2 us-gaap Interest Expense
InterestExpense
5944000 USD
us-gaap Interest Expense
InterestExpense
12103000 USD
CY2018Q2 us-gaap Interest Expense
InterestExpense
6531000 USD
us-gaap Interest Expense
InterestExpense
12744000 USD
CY2017Q4 us-gaap Interest Rate Fair Value Hedge Derivative At Fair Value Net
InterestRateFairValueHedgeDerivativeAtFairValueNet
504000 USD
CY2018Q2 us-gaap Interest Rate Fair Value Hedge Derivative At Fair Value Net
InterestRateFairValueHedgeDerivativeAtFairValueNet
1115000 USD
CY2018Q2 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
719603000 USD
CY2017Q4 us-gaap Land
Land
121783000 USD
CY2018Q2 us-gaap Land
Land
122010000 USD
CY2017Q2 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
100000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
200000 USD
CY2018Q2 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
100000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
200000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
578224000 USD
CY2018Q2 us-gaap Liabilities
Liabilities
575194000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
928454000 USD
CY2018Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
912008000 USD
CY2017Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
114000 USD
CY2018Q2 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
297000 USD
CY2017Q4 us-gaap Line Of Credit
LineOfCredit
20715000 USD
CY2018Q2 us-gaap Line Of Credit
LineOfCredit
32808000 USD
CY2017Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
75000000.0 USD
CY2013Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
25000000.0 USD
us-gaap Loans Assumed1
LoansAssumed1
11179000 USD
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
34000 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
9380000 USD
CY2017Q4 us-gaap Long Term Debt
LongTermDebt
542627000 USD
CY2018Q2 us-gaap Long Term Debt
LongTermDebt
542461000 USD
CY2017Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
74532000 USD
CY2018Q2 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
74580000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-35938000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-22226000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
14621000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5559000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
21420000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
25995000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
661000 USD
us-gaap Net Income Loss
NetIncomeLoss
5020000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
2525000 USD
us-gaap Net Income Loss
NetIncomeLoss
7130000 USD
CY2017Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2025000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-287000 USD
CY2018Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-317000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1474000 USD
CY2017Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-2025000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-287000 USD
CY2018Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-317000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1474000 USD
CY2017Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-7849000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-8100000 USD
CY2018Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-6526000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-10872000 USD
CY2018Q2 us-gaap Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
435100000 USD
CY2018Q2 us-gaap Number Of Properties Subject To Ground Leases
NumberOfPropertiesSubjectToGroundLeases
4 lease
CY2017Q2 us-gaap Operating Expenses
OperatingExpenses
14357000 USD
us-gaap Operating Expenses
OperatingExpenses
32062000 USD
CY2018Q2 us-gaap Operating Expenses
OperatingExpenses
17542000 USD
us-gaap Operating Expenses
OperatingExpenses
34944000 USD
CY2017Q2 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
22478000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
44438000 USD
CY2018Q2 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
25692000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
51283000 USD
CY2017Q4 us-gaap Other Assets
OtherAssets
4263000 USD
CY2018Q2 us-gaap Other Assets
OtherAssets
5504000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
179000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
179000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
289000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
783000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
783000 USD
CY2017Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
179000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
179000 USD
CY2018Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
289000 USD
us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
5191000 USD
CY2017Q4 us-gaap Other Liabilities
OtherLiabilities
6554000 USD
CY2018Q2 us-gaap Other Liabilities
OtherLiabilities
6386000 USD
CY2017Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
9000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
11000 USD
CY2018Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
5000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
28000 USD
us-gaap Payments For Commissions
PaymentsForCommissions
168000 USD
us-gaap Payments For Commissions
PaymentsForCommissions
382000 USD
us-gaap Payments For Lease Commissions
PaymentsForLeaseCommissions
445000 USD
us-gaap Payments For Lease Commissions
PaymentsForLeaseCommissions
14000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
34000 USD
us-gaap Payments For Tenant Improvements
PaymentsForTenantImprovements
1020000 USD
us-gaap Payments For Tenant Improvements
PaymentsForTenantImprovements
0 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
24159000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
26980000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
414000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
253000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
422000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
94000 USD
us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
1650000 USD
us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
340000 USD
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
2000 USD
CY2018Q2 us-gaap Preferred Stock Value
PreferredStockValue
2000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
25178000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
5779000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
50000000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
50400000 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
6700000 USD
us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
25290000 USD
us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
10773000 USD
CY2017Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
149417000 USD
CY2018Q2 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
163349000 USD
CY2017Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
893853000 USD
CY2018Q2 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
905349000 USD
CY2017Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
744436000 USD
CY2018Q2 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
742000000 USD
CY2017Q2 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
22867000 USD
us-gaap Real Estate Revenue Net
RealEstateRevenueNet
45182000 USD
CY2018Q2 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
26593000 USD
us-gaap Real Estate Revenue Net
RealEstateRevenueNet
52946000 USD
CY2017Q4 us-gaap Redeemable Noncontrolling Interest Equity Preferred Carrying Amount
RedeemableNoncontrollingInterestEquityPreferredCarryingAmount
83432000 USD
CY2018Q2 us-gaap Redeemable Noncontrolling Interest Equity Preferred Carrying Amount
RedeemableNoncontrollingInterestEquityPreferredCarryingAmount
85598000 USD
CY2017Q2 us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
2437000 USD
us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
4810000 USD
CY2018Q2 us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
2609000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
266798000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
251216000 USD
us-gaap Straight Line Rent
StraightLineRent
1549000 USD
CY2018Q2 us-gaap Secured Long Term Debt
SecuredLongTermDebt
435073000 USD
us-gaap Straight Line Rent
StraightLineRent
1335000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
51900000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
38400000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
40573000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
21998000 USD
CY2017Q2 us-gaap Restricted Cash
RestrictedCash
2777000 USD
CY2018Q2 us-gaap Restricted Cash
RestrictedCash
2738000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2397000 USD
CY2018Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2738000 USD
CY2017Q4 us-gaap Secured Long Term Debt
SecuredLongTermDebt
447380000 USD
CY2017Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
83432000 USD
CY2018Q2 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
85598000 USD
CY2017Q4 us-gaap Tenant Improvements
TenantImprovements
63122000 USD
CY2018Q2 us-gaap Tenant Improvements
TenantImprovements
63736000 USD
CY2017Q2 us-gaap Tenant Reimbursements
TenantReimbursements
389000 USD
us-gaap Tenant Reimbursements
TenantReimbursements
744000 USD
CY2018Q2 us-gaap Tenant Reimbursements
TenantReimbursements
901000 USD
us-gaap Tenant Reimbursements
TenantReimbursements
1663000 USD
us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
179000 USD
us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
783000 USD
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25276824 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25121239 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28437852 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28429470 shares
CY2017Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
25276824 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
25121239 shares
CY2018Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
28437852 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
28429470 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25276824 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25121239 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28437852 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28429470 shares
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>

Files In Submission

Name View Source Status
0001234006-18-000011-index-headers.html Edgar Link pending
0001234006-18-000011-index.html Edgar Link pending
0001234006-18-000011.txt Edgar Link pending
0001234006-18-000011-xbrl.zip Edgar Link pending
ex12_63018.htm Edgar Link pending
ex311_63018.htm Edgar Link pending
ex312_63018.htm Edgar Link pending
ex321_63018.htm Edgar Link pending
ex322_63018.htm Edgar Link pending
ex991_63018.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
good-20180630.xml Edgar Link completed
good-20180630.xsd Edgar Link pending
good-20180630_cal.xml Edgar Link unprocessable
good-20180630_def.xml Edgar Link unprocessable
good-20180630_lab.xml Edgar Link unprocessable
good-20180630_pre.xml Edgar Link unprocessable
good_63018x10qdocument63018.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending