2019 Q1 Form 10-Q Financial Statement

#000123400619000008 Filed on April 30, 2019

View on sec.gov

Income Statement

Concept 2019 Q1 2018 Q1
Revenue $28.14M $26.35M
YoY Change 6.77% 18.1%
Cost Of Revenue $4.140M $3.890M
YoY Change 6.43% 58.13%
Gross Profit $24.00M $22.47M
YoY Change 6.81% 13.2%
Gross Profit Margin 85.3% 85.27%
Selling, General & Admin $2.120M $1.930M
YoY Change 9.84% 22.15%
% of Gross Profit 8.83% 8.59%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $13.01M $11.59M
YoY Change 12.25% 16.83%
% of Gross Profit 54.21% 51.58%
Operating Expenses $19.27M $17.40M
YoY Change 10.71% -1.73%
Operating Profit $4.734M $5.068M
YoY Change -6.59% 136.6%
Interest Expense $7.231M $6.213M
YoY Change 16.38% 0.89%
% of Operating Profit 152.75% 122.59%
Other Income/Expense, Net -$4.198M -$4.346M
YoY Change -3.41% 1638.4%
Pretax Income $4.670M $4.610M
YoY Change 1.3% 5.73%
Income Tax
% Of Pretax Income
Net Earnings $4.628M $4.605M
YoY Change 0.5% 5.72%
Net Earnings / Revenue 16.45% 17.47%
Basic Earnings Per Share $0.06 $0.06
Diluted Earnings Per Share $0.06 $0.06
COMMON SHARES
Basic Shares Outstanding 29.52M shares 28.42M shares
Diluted Shares Outstanding 29.52M shares 28.42M shares

Balance Sheet

Concept 2019 Q1 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.300M $4.100M
YoY Change 4.88% 0.0%
Cash & Equivalents $4.314M $4.123M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $0.00 $1.400M
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $4.300M $5.500M
YoY Change -21.82% -15.38%
LONG-TERM ASSETS
Property, Plant & Equipment $773.8M $748.8M
YoY Change 3.34% 9.49%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $43.40M $46.30M
YoY Change -6.26% 23.47%
Total Long-Term Assets $930.7M $917.6M
YoY Change 1.43% 11.03%
TOTAL ASSETS
Total Short-Term Assets $4.300M $5.500M
Total Long-Term Assets $930.7M $917.6M
Total Assets $935.0M $923.1M
YoY Change 1.29% 10.82%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.600M $2.400M
YoY Change 8.33% 14.29%
Accrued Expenses $5.900M
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 $8.500M $6.400M
YoY Change 32.81% 82.86%
LONG-TERM LIABILITIES
Long-Term Debt $552.4M $544.3M
YoY Change 1.49% 9.67%
Other Long-Term Liabilities $27.60M $26.60M
YoY Change 3.76% 12.71%
Total Long-Term Liabilities $580.0M $570.9M
YoY Change 1.59% 9.81%
TOTAL LIABILITIES
Total Short-Term Liabilities $8.500M $6.400M
Total Long-Term Liabilities $580.0M $570.9M
Total Liabilities $591.1M $579.7M
YoY Change 1.97% 10.33%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $30.00K $28.00K
YoY Change 7.14% 12.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $253.6M $259.0M
YoY Change
Total Liabilities & Shareholders Equity $935.0M $923.1M
YoY Change 1.29% 10.82%

Cashflow Statement

Concept 2019 Q1 2018 Q1
OPERATING ACTIVITIES
Net Income $4.628M $4.605M
YoY Change 0.5% 5.72%
Depreciation, Depletion And Amortization $13.01M $11.59M
YoY Change 12.25% 16.83%
Cash From Operating Activities $12.60M $12.63M
YoY Change -0.21% 20.53%
INVESTING ACTIVITIES
Capital Expenditures -$7.140M -$15.27M
YoY Change -53.24% 207.86%
Acquisitions
YoY Change
Other Investing Activities $6.830M $11.17M
YoY Change -38.85% -25.53%
Cash From Investing Activities -$314.0K -$4.099M
YoY Change -92.34% -140.49%
FINANCING ACTIVITIES
Cash Dividend Paid $14.19M $13.47M
YoY Change 5.33% 12.44%
Common Stock Issuance & Retirement, Net -$14.29M -$1.569M
YoY Change 810.9% -66.31%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$14.35M -$10.58M
YoY Change 35.63% -49.77%
NET CHANGE
Cash From Operating Activities $12.60M $12.63M
Cash From Investing Activities -$314.0K -$4.099M
Cash From Financing Activities -$14.35M -$10.58M
Net Change In Cash -$2.065M -$2.054M
YoY Change 0.54% 339.83%
FREE CASH FLOW
Cash From Operating Activities $12.60M $12.63M
Capital Expenditures -$7.140M -$15.27M
Free Cash Flow $19.74M $27.90M
YoY Change -29.24% 80.73%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2019Q1 dei Amendment Flag
AmendmentFlag
false
CY2019Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2019Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2019Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2019
CY2019Q1 dei Document Period End Date
DocumentPeriodEndDate
2019-03-31
CY2019Q1 dei Document Type
DocumentType
10-Q
CY2019Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001234006
CY2019Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
30290842 shares
CY2019Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2019Q1 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2019Q1 dei Entity Registrant Name
EntityRegistrantName
GLADSTONE COMMERCIAL CORP
CY2019Q1 dei Entity Small Business
EntitySmallBusiness
false
CY2019Q1 dei Trading Symbol
TradingSymbol
GOOD
CY2018Q1 good Administration Fee
AdministrationFee
400000 USD
CY2019Q1 good Administration Fee
AdministrationFee
400000 USD
CY2018Q1 good Amortization Of Deferred Rent Asset And Liability Net
AmortizationOfDeferredRentAssetAndLiabilityNet
-261000 USD
CY2019Q1 good Amortization Of Deferred Rent Asset And Liability Net
AmortizationOfDeferredRentAssetAndLiabilityNet
-293000 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
CY2018Q1 good Annualized Straight Line Rent On Leased Property
AnnualizedStraightLineRentOnLeasedProperty
97000 USD
CY2019Q1 good Annualized Straight Line Rent On Leased Property
AnnualizedStraightLineRentOnLeasedProperty
1187000 USD
CY2018Q1 good Area Of Leased Property
AreaOfLeasedProperty
34441 sqft
CY2019Q1 good Area Of Leased Property
AreaOfLeasedProperty
130240 sqft
CY2018Q1 good Asset Retirement Obligation Expense
AssetRetirementObligationExpense
30000 USD
CY2019Q1 good Asset Retirement Obligation Expense
AssetRetirementObligationExpense
32000 USD
CY2018Q2 good Authorizedbut Unissued Shares Reclassifiedfrom Senior Common Stockto Common Stock
AuthorizedbutUnissuedSharesReclassifiedfromSeniorCommonStocktoCommonStock
3500000 shares
CY2018Q1 good Base Management Fee
BaseManagementFee
1300000 USD
CY2018Q1 good Base Management Fee
BaseManagementFee
1295000 USD
CY2019Q1 good Base Management Fee
BaseManagementFee
1300000 USD
CY2019Q1 good Base Management Fee
BaseManagementFee
1267000 USD
CY2018Q2 good Capital Stock Shares Authorized
CapitalStockSharesAuthorized
100000000 shares
CY2018Q1 good Distributions Attributable To Senior Common Stock
DistributionsAttributableToSeniorCommonStock
232000 USD
CY2019Q1 good Distributions Attributable To Senior Common Stock
DistributionsAttributableToSeniorCommonStock
224000 USD
CY2018Q1 good Earnings Per Weighted Average Share Of Senior Common Stock
EarningsPerWeightedAverageShareOfSeniorCommonStock
0.26
CY2019Q1 good Earnings Per Weighted Average Share Of Senior Common Stock
EarningsPerWeightedAverageShareOfSeniorCommonStock
0.26
CY2018Q1 good Fixed Asset Additions Paid For By Tenant
FixedAssetAdditionsPaidForByTenant
27000 USD
CY2019Q1 good Fixed Asset Additions Paid For By Tenant
FixedAssetAdditionsPaidForByTenant
1015000 USD
CY2018Q1 good Improvements Of Existing Real Estate
ImprovementsOfExistingRealEstate
925000 USD
CY2019Q1 good Improvements Of Existing Real Estate
ImprovementsOfExistingRealEstate
829000 USD
CY2018Q1 good Incentive Fee
IncentiveFee
700000 USD
CY2018Q1 good Operating Lease Liability Incurred
OperatingLeaseLiabilityIncurred
0 USD
CY2019Q1 good Operating Lease Liability Incurred
OperatingLeaseLiabilityIncurred
5998000 USD
CY2019Q1 good Incentive Fee
IncentiveFee
900000 USD
CY2018Q1 good Incentive Fee On Capital Gains
IncentiveFeeOnCapitalGains
0 USD
CY2019Q1 good Incentive Fee On Capital Gains
IncentiveFeeOnCapitalGains
0 USD
CY2018Q1 good Incentive Fee Waived
IncentiveFeeWaived
0 USD
CY2019Q1 good Incentive Fee Waived
IncentiveFeeWaived
0 USD
CY2018Q1 good Lessee Operating Lease Amortizationof Lease Liability
LesseeOperatingLeaseAmortizationofLeaseLiability
0 USD
CY2019Q1 good Lessee Operating Lease Amortizationof Lease Liability
LesseeOperatingLeaseAmortizationofLeaseLiability
50000 USD
CY2018Q1 good Lessee Operating Lease Amortizationof Right Of Use Asset
LesseeOperatingLeaseAmortizationofRightOfUseAsset
0 USD
CY2019Q1 good Lessee Operating Lease Amortizationof Right Of Use Asset
LesseeOperatingLeaseAmortizationofRightOfUseAsset
50000 USD
CY2019Q1 good Lessee Operating Lease Liability Payments Due Year Six
LesseeOperatingLeaseLiabilityPaymentsDueYearSix
493000 USD
CY2019Q1 good Lessee Operating Lease Liability Payments Dueafter Year Six
LesseeOperatingLeaseLiabilityPaymentsDueafterYearSix
7799000 USD
CY2019Q1 good Lessee Operating Lease Numberof Operating Lease Arrangements
LesseeOperatingLeaseNumberofOperatingLeaseArrangements
4 agreement
CY2017Q4 good Line Of Credit Facility Percentage Of Extension Fee On Initial Maturity
LineOfCreditFacilityPercentageOfExtensionFeeOnInitialMaturity
0.0025
CY2018Q1 good Non Cash Capital Improvements Included In Accounts Payable And Accrued Expenses
NonCashCapitalImprovementsIncludedInAccountsPayableAndAccruedExpenses
613000 USD
CY2019Q1 good Non Cash Capital Improvements Included In Accounts Payable And Accrued Expenses
NonCashCapitalImprovementsIncludedInAccountsPayableAndAccruedExpenses
239000 USD
CY2019Q1 good Noncontrolling Interest Ownershipby Noncontrolling Owners Numberof Shares
NoncontrollingInterestOwnershipbyNoncontrollingOwnersNumberofShares
742937 shares
CY2017Q1 good Notice Period For Termination Of Agreement With Cause
NoticePeriodForTerminationOfAgreementWithCause
P30D
CY2017Q1 good Notice Period For Termination Of Agreement Without Cause
NoticePeriodForTerminationOfAgreementWithoutCause
P120D
CY2019Q1 good Number Of Existing Encumbered Properties
NumberOfExistingEncumberedProperties
101 property
CY2018Q1 good Number Of Leased Properties
NumberOfLeasedProperties
1 property
CY2019Q1 good Number Of Leased Properties
NumberOfLeasedProperties
2 property
CY2019Q1 good Number Of Long Term Mortgages Repaid
NumberOfLongTermMortgagesRepaid
1 mortgage
CY2018Q1 good Number Of Properties Acquired
NumberOfPropertiesAcquired
1 property
CY2019Q1 good Number Of Properties Acquired
NumberOfPropertiesAcquired
2 property
CY2019Q1 good Numberof Executive Officers
NumberofExecutiveOfficers
2 officer
CY2019Q1 good Numberof Impaired Assets Heldand Used
NumberofImpairedAssetsHeldandUsed
0 property
CY2018Q4 good Numberof Impaired Assets Sold Heldfor Sale
NumberofImpairedAssetsSoldHeldforSale
2 property
CY2019Q1 good Numberof Non Core Properties Sold
NumberofNonCorePropertiesSold
1 property
CY2019Q1 good Numberof Properties Repaid To Collateralized Mortgage Notes Payable
NumberofPropertiesRepaidToCollateralizedMortgageNotesPayable
3 property
CY2017Q1 good Numberof Quarters Usedforthe Capof Average Quarterly Incentive Fees
NumberofQuartersUsedfortheCapofAverageQuarterlyIncentiveFees
4 quarter
CY2019Q1 good Operating Leases Future Minimum Payments Duein Six Years
OperatingLeasesFutureMinimumPaymentsDueinSixYears
66554000 USD
CY2018Q1 good Payment Of Financing Fee
PaymentOfFinancingFee
20000 USD
CY2019Q1 good Payment Of Financing Fee
PaymentOfFinancingFee
20000 USD
CY2018Q1 good Payments To Acquire Real Estate And Intangible Assets
PaymentsToAcquireRealEstateAndIntangibleAssets
14341000 USD
CY2019Q1 good Payments To Acquire Real Estate And Intangible Assets
PaymentsToAcquireRealEstateAndIntangibleAssets
6315000 USD
CY2018Q1 good Payments To Lenders For Reserves Held In Escrow
PaymentsToLendersForReservesHeldInEscrow
656000 USD
CY2019Q1 good Payments To Lenders For Reserves Held In Escrow
PaymentsToLendersForReservesHeldInEscrow
482000 USD
CY2018Q1 good Payments To Tenants From Reserves
PaymentsToTenantsFromReserves
70000 USD
CY2019Q1 good Payments To Tenants From Reserves
PaymentsToTenantsFromReserves
271000 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
CY2018Q1 good Proceeds From Deposits Applied Against Acquisition Of Real Estate Investments
ProceedsFromDepositsAppliedAgainstAcquisitionOfRealEstateInvestments
300000 USD
CY2019Q1 good Proceeds From Deposits Applied Against Acquisition Of Real Estate Investments
ProceedsFromDepositsAppliedAgainstAcquisitionOfRealEstateInvestments
215000 USD
CY2018Q1 good Property Operating Expenses
PropertyOperatingExpenses
2792000 USD
CY2019Q1 good Property Operating Expenses
PropertyOperatingExpenses
3068000 USD
CY2018Q1 good Purchase Price Of Acquired Property
PurchasePriceOfAcquiredProperty
14341000 USD
CY2019Q1 good Purchase Price Of Acquired Property
PurchasePriceOfAcquiredProperty
6315000 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
CY2018Q1 good Receipts From Lenders For Reserves Held In Escrow
ReceiptsFromLendersForReservesHeldInEscrow
517000 USD
CY2019Q1 good Receipts From Lenders For Reserves Held In Escrow
ReceiptsFromLendersForReservesHeldInEscrow
991000 USD
CY2018Q1 good Receipts From Tenants For Reserves
ReceiptsFromTenantsForReserves
603000 USD
CY2019Q1 good Receipts From Tenants For Reserves
ReceiptsFromTenantsForReserves
624000 USD
CY2018Q1 good Secured Mortgages Financing Fee Percent
SecuredMortgagesFinancingFeePercent
0.0025
CY2019Q1 good Secured Mortgages Financing Fee Percent
SecuredMortgagesFinancingFeePercent
0.0015
CY2018Q2 good Senior Common Stock Authorized Unissued
SeniorCommonStockAuthorizedUnissued
57969 shares
CY2018Q4 good Senior Common Stock Par Value
SeniorCommonStockParValue
0.001
CY2019Q1 good Senior Common Stock Par Value
SeniorCommonStockParValue
0.001
CY2018Q4 good Senior Common Stock Shares Authorized
SeniorCommonStockSharesAuthorized
950000 shares
CY2019Q1 good Senior Common Stock Shares Authorized
SeniorCommonStockSharesAuthorized
950000 shares
CY2018Q4 good Senior Common Stock Shares Issued
SeniorCommonStockSharesIssued
866259 shares
CY2019Q1 good Senior Common Stock Shares Issued
SeniorCommonStockSharesIssued
863177 shares
CY2018Q4 good Senior Common Stock Shares Outstanding
SeniorCommonStockSharesOutstanding
866259 shares
CY2019Q1 good Senior Common Stock Shares Outstanding
SeniorCommonStockSharesOutstanding
863177 shares
CY2018Q4 good Senior Common Stocks
SeniorCommonStocks
1000 USD
CY2019Q1 good Senior Common Stocks
SeniorCommonStocks
1000 USD
CY2017Q1 good Termination Fee Payableas Percentageof Average Annual Management Feeand Incentive Fee During Twenty Four Month Period
TerminationFeePayableasPercentageofAverageAnnualManagementFeeandIncentiveFeeDuringTwentyFourMonthPeriod
2
CY2018Q1 good Weighted Average Shares Of Senior Common Stock Outstanding Basic
WeightedAverageSharesOfSeniorCommonStockOutstandingBasic
895222 shares
CY2019Q1 good Weighted Average Shares Of Senior Common Stock Outstanding Basic
WeightedAverageSharesOfSeniorCommonStockOutstandingBasic
864303 shares
CY2018Q4 invest Derivative Notional Amount
DerivativeNotionalAmount
134678000 USD
CY2019Q1 invest Derivative Notional Amount
DerivativeNotionalAmount
116991000 USD
CY2018Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
2704000 USD
CY2019Q1 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
2641000 USD
CY2018Q4 us-gaap Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
310117000 USD
CY2019Q1 us-gaap Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
319402000 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-148000 USD
CY2019Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-870000 USD
CY2018Q1 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P11Y1M6D
CY2019Q1 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P14Y6M11D
CY2018Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
559977000 USD
CY2019Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
573868000 USD
CY2018Q1 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
500000 USD
CY2019Q1 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
600000 USD
CY2018Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-69000 USD
CY2019Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
16000 USD
CY2018Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
394000 USD
CY2019Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
456000 USD
CY2018Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4200000 USD
CY2019Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
5000000 USD
CY2018Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
2875000 USD
CY2019Q1 us-gaap Asset Retirement Obligation
AssetRetirementObligation
2907000 USD
CY2018Q4 us-gaap Assets
Assets
938775000 USD
CY2019Q1 us-gaap Assets
Assets
935020000 USD
CY2018Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
12502000 USD
CY2018Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
4151000 USD
CY2019Q1 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
0 USD
CY2019Q1 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
13051000 USD
CY2018Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
29807000 USD
CY2019Q1 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
30822000 USD
CY2018Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4123000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6591000 USD
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4314000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9080000 USD
CY2018Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7026000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9082000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7017000 USD
CY2018Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-2054000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-2065000 USD
CY2018Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2019Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2018Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2019Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2018Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
87700000 shares
CY2019Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
87700000 shares
CY2018Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
87700000 shares
CY2018Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
29254899 shares
CY2019Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
29957594 shares
CY2018Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
29254899 shares
CY2019Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
29957594 shares
CY2018Q4 us-gaap Common Stock Value
CommonStockValue
29000 USD
CY2019Q1 us-gaap Common Stock Value
CommonStockValue
30000 USD
CY2018Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
5100000 USD
CY2019Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
3906000 USD
CY2018Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
0 USD
CY2019Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
45000 USD
CY2018Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
5100000 USD
CY2019Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
3951000 USD
CY2017Q4 us-gaap Debt Instrument Fee Amount
DebtInstrumentFeeAmount
900000 USD
CY2019Q1 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0469
CY2018Q4 us-gaap Deferred Rent Credit
DeferredRentCredit
17305000 USD
CY2019Q1 us-gaap Deferred Rent Credit
DeferredRentCredit
17771000 USD
CY2018Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
34771000 USD
CY2019Q1 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
35151000 USD
CY2018Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
11586000 USD
CY2019Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
13010000 USD
CY2018Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
677000 USD
CY2019Q1 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
-85000 USD
CY2019Q1 us-gaap Derivative Cost Of Hedge
DerivativeCostOfHedge
1105000 USD
CY2018Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
396000 USD
CY2019Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
589000 USD
CY2018Q1 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
0 USD
CY2019Q1 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
0 USD
CY2018Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
2523000 USD
CY2019Q1 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
2562000 USD
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.06
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.06
CY2018Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.06
CY2019Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.06
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.06
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.06
CY2018Q4 us-gaap Escrow Deposit
EscrowDeposit
6010000 USD
CY2019Q1 us-gaap Escrow Deposit
EscrowDeposit
5501000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
111448000 USD
CY2019Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
108047000 USD
CY2018Q1 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
1844000 USD
CY2019Q1 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
2952000 USD
CY2018Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
646000 USD
CY2019Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
657000 USD
CY2019Q1 us-gaap Incentive Fee Description
IncentiveFeeDescription
However, in no event shall the incentive fee for a particular quarter exceed by 15.0% (the cap) the average quarterly incentive fee paid by us for the previous four quarters (excluding quarters for which no incentive fee was paid).
CY2018Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
57000 USD
CY2019Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-84000 USD
CY2018Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1445000 USD
CY2019Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
743000 USD
CY2018Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
655000 USD
CY2019Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-796000 USD
CY2018Q1 us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
-26000 USD
CY2019Q1 us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
-141000 USD
CY2018Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2019Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2018Q1 us-gaap Interest Expense
InterestExpense
6213000 USD
CY2019Q1 us-gaap Interest Expense
InterestExpense
7231000 USD
CY2018Q4 us-gaap Interest Rate Fair Value Hedge Derivative At Fair Value Net
InterestRateFairValueHedgeDerivativeAtFairValueNet
622000 USD
CY2019Q1 us-gaap Interest Rate Fair Value Hedge Derivative At Fair Value Net
InterestRateFairValueHedgeDerivativeAtFairValueNet
248000 USD
CY2018Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
755584000 USD
CY2019Q1 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
762026000 USD
CY2018Q4 us-gaap Land
Land
125905000 USD
CY2019Q1 us-gaap Land
Land
126698000 USD
CY2018Q1 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
100000 USD
CY2019Q1 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
100000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
10565000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
492000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
489000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
477000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
466000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
349000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
4617000 USD
CY2018Q4 us-gaap Liabilities
Liabilities
598758000 USD
CY2019Q1 us-gaap Liabilities
Liabilities
591131000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
89057000 USD
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
90374000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
938775000 USD
CY2019Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
935020000 USD
CY2018Q4 us-gaap Line Of Credit
LineOfCredit
50084000 USD
CY2019Q1 us-gaap Line Of Credit
LineOfCredit
32335000 USD
CY2013Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
25000000.0 USD
CY2017Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
75000000.0 USD
CY2018Q4 us-gaap Long Term Debt
LongTermDebt
566059000 USD
CY2019Q1 us-gaap Long Term Debt
LongTermDebt
552400000 USD
CY2018Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
74629000 USD
CY2019Q1 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
74653000 USD
CY2018Q4 us-gaap Minority Interest
MinorityInterest
4675000 USD
CY2019Q1 us-gaap Minority Interest
MinorityInterest
4662000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-10581000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-14351000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4099000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-314000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
12626000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
12600000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
4605000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
4628000 USD
CY2018Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2019Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
45000 USD
CY2018Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1791000 USD
CY2019Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1792000 USD
CY2018Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1791000 USD
CY2019Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1792000 USD
CY2018Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-4346000 USD
CY2019Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-4198000 USD
CY2019Q1 us-gaap Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
450400000 USD
CY2019Q1 us-gaap Number Of Properties Subject To Ground Leases
NumberOfPropertiesSubjectToGroundLeases
4 lease
CY2018Q1 us-gaap Operating Expenses
OperatingExpenses
17402000 USD
CY2019Q1 us-gaap Operating Expenses
OperatingExpenses
19266000 USD
CY2018Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
0 USD
CY2019Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
5948000 USD
CY2018Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
0 USD
CY2019Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
5948000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
725778000 USD
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
709080000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
103322000 USD
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
77289000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
74337000 USD
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
75744000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
82336000 USD
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
83723000 USD
CY2018Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
946649000 USD
CY2019Q1 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
953978000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
97302000 USD
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
97758000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
279424000 USD
CY2019Q1 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
217638000 USD
CY2018Q1 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
26353000 USD
CY2019Q1 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
28137000 USD
CY2018Q4 us-gaap Other Assets
OtherAssets
4921000 USD
CY2019Q1 us-gaap Other Assets
OtherAssets
5485000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
495000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-722000 USD
CY2018Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
495000 USD
CY2019Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-722000 USD
CY2018Q4 us-gaap Other Liabilities
OtherLiabilities
7292000 USD
CY2019Q1 us-gaap Other Liabilities
OtherLiabilities
6902000 USD
CY2018Q1 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
23000 USD
CY2019Q1 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
81000 USD
CY2018Q1 us-gaap Payments For Commissions
PaymentsForCommissions
378000 USD
CY2019Q1 us-gaap Payments For Commissions
PaymentsForCommissions
138000 USD
CY2018Q1 us-gaap Payments For Lease Commissions
PaymentsForLeaseCommissions
14000 USD
CY2019Q1 us-gaap Payments For Lease Commissions
PaymentsForLeaseCommissions
71000 USD
CY2018Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
34000 USD
CY2019Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2018Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
13474000 USD
CY2019Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
14192000 USD
CY2018Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
212000 USD
CY2019Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
279000 USD
CY2018Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
26000 USD
CY2019Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
179000 USD
CY2018Q1 us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
300000 USD
CY2019Q1 us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
565000 USD
CY2018Q4 us-gaap Preferred Stock Value
PreferredStockValue
2000 USD
CY2019Q1 us-gaap Preferred Stock Value
PreferredStockValue
2000 USD
CY2018Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1603000 USD
CY2019Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
14292000 USD
CY2018Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
35200000 USD
CY2019Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
13700000 USD
CY2018Q1 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
9380000 USD
CY2019Q1 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
10640000 USD
CY2018Q1 us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
10773000 USD
CY2019Q1 us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
6318000 USD
CY2018Q1 us-gaap Profit Loss
ProfitLoss
4605000 USD
CY2019Q1 us-gaap Profit Loss
ProfitLoss
4673000 USD
CY2018Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
178257000 USD
CY2019Q1 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
186107000 USD
CY2018Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
768392000 USD
CY2019Q1 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
767871000 USD
CY2018Q4 us-gaap Redeemable Noncontrolling Interest Equity Preferred Carrying Amount
RedeemableNoncontrollingInterestEquityPreferredCarryingAmount
85598000 USD
CY2019Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
29516870 shares
CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28420995 shares
CY2019Q1 us-gaap Redeemable Noncontrolling Interest Equity Preferred Carrying Amount
RedeemableNoncontrollingInterestEquityPreferredCarryingAmount
85598000 USD
CY2018Q1 us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
2582000 USD
CY2019Q1 us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
2612000 USD
CY2018Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
23900000 USD
CY2019Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
31500000 USD
CY2018Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
19092000 USD
CY2019Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
6692000 USD
CY2018Q1 us-gaap Restricted Cash
RestrictedCash
2903000 USD
CY2019Q1 us-gaap Restricted Cash
RestrictedCash
2703000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2491000 USD
CY2019Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2703000 USD
CY2018Q1 us-gaap Revenues
Revenues
26353000 USD
CY2019Q1 us-gaap Revenues
Revenues
28137000 USD
CY2018Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
CY2019Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
5998000 USD
CY2018Q4 us-gaap Secured Long Term Debt
SecuredLongTermDebt
441346000 USD
CY2019Q1 us-gaap Secured Long Term Debt
SecuredLongTermDebt
445412000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
249744000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
253629000 USD
CY2018Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
259033000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
254419000 USD
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
258291000 USD
CY2018Q1 us-gaap Straight Line Rent
StraightLineRent
704000 USD
CY2019Q1 us-gaap Straight Line Rent
StraightLineRent
581000 USD
CY2018Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
85598000 USD
CY2019Q1 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
85598000 USD
CY2018Q4 us-gaap Tenant Improvements
TenantImprovements
65160000 USD
CY2019Q1 us-gaap Tenant Improvements
TenantImprovements
65254000 USD
CY2018Q1 us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
495000 USD
CY2019Q1 us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
-722000 USD
CY2018Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28420995 shares
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
29516870 shares
CY2018Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
28420995 shares
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
29516870 shares
CY2019Q1 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
0001234006-19-000008-index-headers.html Edgar Link pending
0001234006-19-000008-index.html Edgar Link pending
0001234006-19-000008.txt Edgar Link pending
0001234006-19-000008-xbrl.zip Edgar Link pending
ex311_033119.htm Edgar Link pending
ex312_033119.htm Edgar Link pending
ex321_033119.htm Edgar Link pending
ex322_033119.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
good-20190331.xml Edgar Link completed
good-20190331.xsd Edgar Link pending
good-20190331_cal.xml Edgar Link unprocessable
good-20190331_def.xml Edgar Link unprocessable
good-20190331_lab.xml Edgar Link unprocessable
good-20190331_pre.xml Edgar Link unprocessable
good_033119x10qdocument033.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
R54.htm Edgar Link pending
R55.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