2019 Q2 Form 10-Q Financial Statement

#000123400619000011 Filed on July 30, 2019

View on sec.gov

Income Statement

Concept 2019 Q2 2018 Q2
Revenue $28.20M $26.59M
YoY Change 6.03% 16.29%
Cost Of Revenue $4.250M $3.980M
YoY Change 6.78% 52.49%
Gross Profit $23.94M $22.62M
YoY Change 5.84% 11.65%
Gross Profit Margin 84.9% 85.06%
Selling, General & Admin $2.180M $1.790M
YoY Change 21.79% 14.01%
% of Gross Profit 9.11% 7.91%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $12.62M $11.77M
YoY Change 7.22% 18.53%
% of Gross Profit 52.72% 52.03%
Operating Expenses $19.06M $17.54M
YoY Change 8.64% 22.18%
Operating Profit $4.882M $5.078M
YoY Change -3.86% -13.98%
Interest Expense $7.005M $6.531M
YoY Change 7.26% 9.88%
% of Operating Profit 143.49% 128.61%
Other Income/Expense, Net -$6.934M -$6.526M
YoY Change 6.25% -16.86%
Pretax Income $2.210M $2.530M
YoY Change -12.65% 283.33%
Income Tax
% Of Pretax Income
Net Earnings $2.221M $2.525M
YoY Change -12.04% 282.0%
Net Earnings / Revenue 7.88% 9.49%
Basic Earnings Per Share -$0.02 -$0.01
Diluted Earnings Per Share -$0.02 -$0.01
COMMON SHARES
Basic Shares Outstanding 30.45M shares 28.44M shares
Diluted Shares Outstanding 30.45M shares 28.44M shares

Balance Sheet

Concept 2019 Q2 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $7.600M $4.600M
YoY Change 65.22% -8.0%
Cash & Equivalents $7.590M $4.552M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $0.00 $1.400M
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $7.600M $6.000M
YoY Change 26.67% -34.78%
LONG-TERM ASSETS
Property, Plant & Equipment $800.7M $742.0M
YoY Change 7.91% 9.17%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $45.50M $46.50M
YoY Change -2.15% 29.89%
Total Long-Term Assets $962.2M $906.0M
YoY Change 6.2% 10.17%
TOTAL ASSETS
Total Short-Term Assets $7.600M $6.000M
Total Long-Term Assets $962.2M $906.0M
Total Assets $969.8M $912.0M
YoY Change 6.34% 9.67%
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 $10.00M $5.600M
YoY Change 78.57% 166.67%
LONG-TERM LIABILITIES
Long-Term Debt $576.8M $542.5M
YoY Change 6.32% 11.9%
Other Long-Term Liabilities $30.60M $24.80M
YoY Change 23.39% 1.22%
Total Long-Term Liabilities $607.4M $567.3M
YoY Change 7.07% 11.39%
TOTAL LIABILITIES
Total Short-Term Liabilities $10.00M $5.600M
Total Long-Term Liabilities $607.4M $567.3M
Total Liabilities $620.1M $575.2M
YoY Change 7.81% 11.65%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $31.00K $29.00K
YoY Change 6.9% 11.54%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $259.4M $251.2M
YoY Change
Total Liabilities & Shareholders Equity $969.8M $912.0M
YoY Change 6.34% 9.67%

Cashflow Statement

Concept 2019 Q2 2018 Q2
OPERATING ACTIVITIES
Net Income $2.221M $2.525M
YoY Change -12.04% 282.0%
Depreciation, Depletion And Amortization $12.62M $11.77M
YoY Change 7.22% 18.53%
Cash From Operating Activities $16.35M $13.37M
YoY Change 22.29% 22.21%
INVESTING ACTIVITIES
Capital Expenditures -$41.64M -$1.240M
YoY Change 3258.06% -80.47%
Acquisitions
YoY Change
Other Investing Activities $10.00K -$220.0K
YoY Change -104.55% -102.01%
Cash From Investing Activities -$41.63M -$1.460M
YoY Change 2751.37% -131.88%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 28.61M -11.65M
YoY Change -345.58% -21.65%
NET CHANGE
Cash From Operating Activities 16.35M 13.37M
Cash From Investing Activities -41.63M -1.460M
Cash From Financing Activities 28.61M -11.65M
Net Change In Cash 3.330M 260.0K
YoY Change 1180.77% -60.0%
FREE CASH FLOW
Cash From Operating Activities $16.35M $13.37M
Capital Expenditures -$41.64M -$1.240M
Free Cash Flow $57.99M $14.61M
YoY Change 296.92% -15.5%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
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dei Current Fiscal Year End Date
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dei Document Fiscal Period Focus
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dei Document Fiscal Year Focus
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dei Document Period End Date
DocumentPeriodEndDate
2019-06-30
dei Document Type
DocumentType
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CY2018Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
0 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
0 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-16000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
29000 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
CY2019Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
1217000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
5167000 USD
CY2019Q2 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0463
CY2018Q4 us-gaap Deferred Rent Credit
DeferredRentCredit
17305000 USD
CY2019Q2 us-gaap Deferred Rent Credit
DeferredRentCredit
19312000 USD
CY2018Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
34771000 USD
CY2019Q2 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
37047000 USD
CY2018Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
11773000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
23358000 USD
CY2019Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
12622000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
25632000 USD
CY2018Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
677000 USD
CY2019Q2 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
-1029000 USD
us-gaap Derivative Cost Of Hedge
DerivativeCostOfHedge
1109000 USD
CY2018Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
396000 USD
CY2019Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
1172000 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
CY2019Q2 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
CY2018Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
2500000 USD
CY2018Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
2523000 USD
CY2019Q2 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
2600000 USD
CY2019Q2 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
2635000 USD
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.05
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.02
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.04
CY2018Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.01
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.05
CY2019Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.02
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.04
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.05
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.02
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.04
CY2018Q4 us-gaap Escrow Deposit
EscrowDeposit
6010000 USD
CY2019Q2 us-gaap Escrow Deposit
EscrowDeposit
5713000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
111448000 USD
CY2019Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
111074000 USD
CY2018Q2 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
1844000 USD
CY2019Q2 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
2952000 USD
CY2018Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
600000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1245000 USD
CY2019Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
782000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1439000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
489000 USD
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).
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-206000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
923000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
458000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
734000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-511000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
57000 USD
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
-26000 USD
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
-106000 USD
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
CY2019Q2 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 Interest Expense
InterestExpense
6531000 USD
us-gaap Interest Expense
InterestExpense
12744000 USD
CY2019Q2 us-gaap Interest Expense
InterestExpense
7005000 USD
us-gaap Interest Expense
InterestExpense
14236000 USD
CY2018Q4 us-gaap Interest Rate Fair Value Hedge Derivative At Fair Value Net
InterestRateFairValueHedgeDerivativeAtFairValueNet
622000 USD
CY2019Q2 us-gaap Interest Rate Fair Value Hedge Derivative At Fair Value Net
InterestRateFairValueHedgeDerivativeAtFairValueNet
143000 USD
CY2018Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
755584000 USD
CY2019Q2 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
794053000 USD
CY2018Q4 us-gaap Land
Land
125905000 USD
CY2019Q2 us-gaap Land
Land
128965000 USD
CY2018Q2 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
100000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
200000 USD
CY2019Q2 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
100000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
300000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
10449000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
492000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
477000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
466000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
233000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
4525000 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
742283000 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
79827000 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
87744000 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
53530000 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
254743000 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
94333000 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
101453000 USD
CY2018Q4 us-gaap Liabilities
Liabilities
598758000 USD
CY2019Q2 us-gaap Liabilities
Liabilities
620104000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
938775000 USD
CY2019Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
969787000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1474000 USD
CY2018Q4 us-gaap Line Of Credit
LineOfCredit
50084000 USD
CY2019Q2 us-gaap Line Of Credit
LineOfCredit
50585000 USD
CY2018Q4 us-gaap Long Term Debt
LongTermDebt
566059000 USD
CY2019Q2 us-gaap Long Term Debt
LongTermDebt
576770000 USD
CY2018Q4 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
74629000 USD
CY2019Q2 us-gaap Long Term Line Of Credit
LongTermLineOfCredit
74663000 USD
CY2018Q4 us-gaap Minority Interest
MinorityInterest
4675000 USD
CY2019Q2 us-gaap Minority Interest
MinorityInterest
4665000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-22226000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
14261000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5559000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-41941000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
25995000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
28950000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
2525000 USD
us-gaap Net Income Loss
NetIncomeLoss
7130000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
2221000 USD
us-gaap Net Income Loss
NetIncomeLoss
6849000 USD
CY2018Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2019Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-16000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
29000 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
CY2019Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-616000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1175000 USD
CY2018Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-317000 USD
CY2019Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-616000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1175000 USD
CY2018Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-6526000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-10872000 USD
CY2019Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-6934000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-11132000 USD
CY2019Q2 us-gaap Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
464200000 USD
CY2019Q2 us-gaap Number Of Properties Subject To Ground Leases
NumberOfPropertiesSubjectToGroundLeases
4 lease
CY2018Q2 us-gaap Operating Expenses
OperatingExpenses
17542000 USD
us-gaap Operating Expenses
OperatingExpenses
34944000 USD
CY2019Q2 us-gaap Operating Expenses
OperatingExpenses
19058000 USD
us-gaap Operating Expenses
OperatingExpenses
38324000 USD
CY2019Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
5924000 USD
CY2019Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
5897000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
725778000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
74337000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
82336000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
89057000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
97302000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsReceivableRemainderOfFiscalYear
103322000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
279424000 USD
CY2018Q2 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
26593000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
52946000 USD
CY2019Q2 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
28197000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
56334000 USD
CY2018Q4 us-gaap Other Assets
OtherAssets
4921000 USD
CY2019Q2 us-gaap Other Assets
OtherAssets
4870000 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
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-988000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1711000 USD
CY2018Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
289000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
783000 USD
CY2019Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-988000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-1711000 USD
CY2018Q4 us-gaap Other Liabilities
OtherLiabilities
7292000 USD
CY2019Q2 us-gaap Other Liabilities
OtherLiabilities
8396000 USD
CY2018Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
5000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
28000 USD
CY2019Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
71000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
152000 USD
us-gaap Payments For Commissions
PaymentsForCommissions
382000 USD
us-gaap Payments For Commissions
PaymentsForCommissions
236000 USD
us-gaap Payments For Lease Commissions
PaymentsForLeaseCommissions
14000 USD
us-gaap Payments For Lease Commissions
PaymentsForLeaseCommissions
470000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
34000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2017 us-gaap Payments For Tenant Improvements
PaymentsForTenantImprovements
0 USD
CY2018 us-gaap Payments For Tenant Improvements
PaymentsForTenantImprovements
727000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
26980000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
28751000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
253000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
713000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
94000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
497000 USD
us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
340000 USD
us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
1215000 USD
CY2018Q4 us-gaap Preferred Stock Value
PreferredStockValue
2000 USD
CY2019Q2 us-gaap Preferred Stock Value
PreferredStockValue
2000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
5779000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
33746000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
50400000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
47900000 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
9380000 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
41140000 USD
us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
10773000 USD
us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
6318000 USD
CY2018Q2 us-gaap Profit Loss
ProfitLoss
2525000 USD
us-gaap Profit Loss
ProfitLoss
7130000 USD
CY2019Q2 us-gaap Profit Loss
ProfitLoss
2205000 USD
us-gaap Profit Loss
ProfitLoss
6878000 USD
CY2018Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
178257000 USD
CY2019Q2 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
194202000 USD
CY2018Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
946649000 USD
CY2019Q2 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
989036000 USD
CY2018Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
768392000 USD
CY2019Q2 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
794834000 USD
CY2018Q4 us-gaap Redeemable Noncontrolling Interest Equity Preferred Carrying Amount
RedeemableNoncontrollingInterestEquityPreferredCarryingAmount
85598000 USD
CY2019Q2 us-gaap Redeemable Noncontrolling Interest Equity Preferred Carrying Amount
RedeemableNoncontrollingInterestEquityPreferredCarryingAmount
85598000 USD
CY2018Q2 us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
2609000 USD
us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
5191000 USD
CY2019Q2 us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
2612000 USD
us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
5225000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
38400000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
47500000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
21998000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
30958000 USD
CY2018Q2 us-gaap Restricted Cash
RestrictedCash
2738000 USD
CY2019Q2 us-gaap Restricted Cash
RestrictedCash
2762000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2491000 USD
CY2019Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2762000 USD
CY2018Q2 us-gaap Revenues
Revenues
26593000 USD
us-gaap Revenues
Revenues
52946000 USD
CY2019Q2 us-gaap Revenues
Revenues
28197000 USD
us-gaap Revenues
Revenues
56334000 USD
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
CY2019Q2 us-gaap Secured Long Term Debt
SecuredLongTermDebt
451522000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
249744000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
259420000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
251216000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
254419000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
264085000 USD
us-gaap Straight Line Rent
StraightLineRent
1335000 USD
us-gaap Straight Line Rent
StraightLineRent
870000 USD
CY2018Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
85598000 USD
CY2019Q2 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
85598000 USD
CY2018Q4 us-gaap Tenant Improvements
TenantImprovements
65160000 USD
CY2019Q2 us-gaap Tenant Improvements
TenantImprovements
66018000 USD
us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
783000 USD
us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
-1711000 USD
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
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
30449739 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
29985881 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
CY2019Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
30449739 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
29985881 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
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
30449739 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
29985881 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>

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