$GOOD
GLADSTONE COMMERCIAL CORP Stock $good

$good Overview Financials Valuation SEC Filings Company Website

2021 Q1 Form 10-Q Financial Statement

#000123400621000011 Filed on May 10, 2021

Income Statement

Concept	2021 Q1	2020 Q1
Revenue	$34.68M	$33.62M
YoY Change	3.15%	19.48%
Cost Of Revenue	$7.910M	$7.530M
YoY Change	5.05%	81.88%
Gross Profit	$26.77M	$26.09M
YoY Change	2.61%	8.71%
Gross Profit Margin	77.2%	77.6%
Selling, General & Admin	$2.290M	$2.470M
YoY Change	-7.29%	16.51%
% of Gross Profit	8.55%	9.47%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$16.71M	$14.10M
YoY Change	18.51%	8.38%
% of Gross Profit	62.42%	54.04%
Operating Expenses	$26.90M	$24.09M
YoY Change	11.67%	25.05%
Operating Profit	-$134.0K	$1.998M
YoY Change	-106.71%	-57.79%
Interest Expense	$7.164M	$7.252M
YoY Change	-1.21%	0.29%
% of Operating Profit		362.96%
Other Income/Expense, Net	-$7.735M	-$7.269M
YoY Change	6.41%	73.15%
Pretax Income	$40.00K	$2.260M
YoY Change	-98.23%	-51.61%
Income Tax
% Of Pretax Income
Net Earnings	$79.00K	$2.267M
YoY Change	-96.52%	-51.02%
Net Earnings / Revenue	0.23%	6.74%
Basic Earnings Per Share	-$0.08	-$0.02
Diluted Earnings Per Share	-$0.08	-$0.02
COMMON SHARES
Basic Shares Outstanding	35.71M shares	33.63M shares
Diluted Shares Outstanding	35.71M shares	33.63M shares

Balance Sheet

Concept	2021 Q1	2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$9.900M	$9.900M
YoY Change	0.0%	130.23%
Cash & Equivalents	$9.871M	$9.853M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory	$0.00	$0.00
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$9.900M	$9.900M
YoY Change	0.0%	130.23%
LONG-TERM ASSETS
Property, Plant & Equipment	$909.1M	$912.8M
YoY Change	-0.41%	17.96%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$49.50M	$48.20M
YoY Change	2.7%	11.06%
Total Long-Term Assets	$1.078B	$1.089B
YoY Change	-0.96%	17.0%
TOTAL ASSETS
Total Short-Term Assets	$9.900M	$9.900M
Total Long-Term Assets	$1.078B	$1.089B
Total Assets	$1.088B	$1.099B
YoY Change	-0.95%	17.52%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$3.200M	$3.200M
YoY Change	0.0%	23.08%
Accrued Expenses	$5.600M	$5.800M
YoY Change	-3.45%	-1.69%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$8.800M	$13.50M
YoY Change	-34.81%	58.82%
LONG-TERM LIABILITIES
Long-Term Debt	$663.1M	$666.2M
YoY Change	-0.47%	20.6%
Other Long-Term Liabilities	$38.40M	$40.30M
YoY Change	-4.71%	46.01%
Total Long-Term Liabilities	$701.5M	$706.5M
YoY Change	-0.71%	21.81%
TOTAL LIABILITIES
Total Short-Term Liabilities	$8.800M	$13.50M
Total Long-Term Liabilities	$701.5M	$706.5M
Total Liabilities	$715.9M	$723.2M
YoY Change	-1.01%	22.34%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$36.00K	$34.00K
YoY Change	5.88%	13.33%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$211.7M	$220.4M
YoY Change
Total Liabilities & Shareholders Equity	$1.088B	$1.099B
YoY Change	-0.95%	17.52%

Cashflow Statement

Concept	2021 Q1	2020 Q1
OPERATING ACTIVITIES
Net Income	$79.00K	$2.267M
YoY Change	-96.52%	-51.02%
Depreciation, Depletion And Amortization	$16.71M	$14.10M
YoY Change	18.51%	8.38%
Cash From Operating Activities	$16.88M	$20.33M
YoY Change	-16.97%	61.35%
INVESTING ACTIVITIES
Capital Expenditures	-$12.52M	-$73.49M
YoY Change	-82.96%	929.27%
Acquisitions
YoY Change
Other Investing Activities	$5.990M	$4.750M
YoY Change	26.11%	-30.45%
Cash From Investing Activities	-$6.526M	-$68.75M
YoY Change	-90.51%	21793.31%
FINANCING ACTIVITIES
Cash Dividend Paid	$16.65M	$15.74M
YoY Change	5.79%	10.89%
Common Stock Issuance & Retirement, Net	$11.47M	$28.30M
YoY Change	-59.48%	-297.98%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-$11.82M	$51.46M
YoY Change	-122.98%	-458.57%
NET CHANGE
Cash From Operating Activities	$16.88M	$20.33M
Cash From Investing Activities	-$6.526M	-$68.75M
Cash From Financing Activities	-$11.82M	$51.46M
Net Change In Cash	-$1.471M	$3.043M
YoY Change	-148.34%	-247.36%
FREE CASH FLOW
Cash From Operating Activities	$16.88M	$20.33M
Capital Expenditures	-$12.52M	-$73.49M
Free Cash Flow	$29.40M	$93.82M
YoY Change	-68.66%	375.28%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2021Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001234006
CY2021Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2021
CY2021Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2021Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2021Q1	dei	Amendment Flag AmendmentFlag	false
CY2021Q1	good	Percentageof Independent Directors Requiredto Terminatethe Amended Advisory Agreement PercentageofIndependentDirectorsRequiredtoTerminatetheAmendedAdvisoryAgreement	0.6667
CY2021Q1	good	Termination Fee Payableas Percentageof Average Annual Management Feeand Incentive Fee During Twenty Four Month Period TerminationFeePayableasPercentageofAverageAnnualManagementFeeandIncentiveFeeDuringTwentyFourMonthPeriod	2
CY2021Q1	dei	Document Type DocumentType	10-Q
CY2021Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2021Q1	dei	Document Period End Date DocumentPeriodEndDate	2021-03-31
CY2021Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2021Q1	dei	Entity File Number EntityFileNumber	001-33097
CY2021Q1	dei	Entity Registrant Name EntityRegistrantName	GLADSTONE COMMERCIAL CORP
CY2021Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	MD
CY2021Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	02-0681276
CY2021Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	1521 Westbranch Drive,
CY2021Q1	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 100
CY2021Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	22102
CY2021Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	McLean,
CY2021Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	VA
CY2021Q1	dei	City Area Code CityAreaCode	703
CY2021Q1	dei	Local Phone Number LocalPhoneNumber	287-5800
CY2021Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2021Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2021Q1	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2021Q1	dei	Entity Small Business EntitySmallBusiness	false
CY2021Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2021Q1	dei	Entity Shell Company EntityShellCompany	false
CY2021Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	36394406	shares
CY2021Q1	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	1143960000	USD
CY2020Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	1128683000	USD
CY2021Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	240351000	USD
CY2020Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	228468000	USD
CY2021Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	903609000	USD
CY2020Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	900215000	USD
CY2021Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	114057000	USD
CY2020Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	117379000	USD
CY2021Q1	us-gaap	Assets Of Disposal Group Including Discontinued Operation AssetsOfDisposalGroupIncludingDiscontinuedOperation	0	USD
CY2020Q4	us-gaap	Assets Of Disposal Group Including Discontinued Operation AssetsOfDisposalGroupIncludingDiscontinuedOperation	8498000	USD
CY2021Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	9871000	USD
CY2020Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	11016000	USD
CY2021Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	4734000	USD
CY2020Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	5060000	USD
CY2021Q1	us-gaap	Escrow Deposit EscrowDeposit	7936000	USD
CY2020Q4	us-gaap	Escrow Deposit EscrowDeposit	9145000	USD
CY2021Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	5528000	USD
CY2020Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	5582000	USD
CY2021Q1	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	36823000	USD
CY2020Q4	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	36555000	USD
CY2021Q1	us-gaap	Other Assets OtherAssets	5785000	USD
CY2020Q4	us-gaap	Other Assets OtherAssets	4458000	USD
CY2021Q1	us-gaap	Assets Assets	1088343000	USD
CY2020Q4	us-gaap	Assets Assets	1097908000	USD
CY2021Q1	us-gaap	Secured Long Term Debt SecuredLongTermDebt	454353000	USD
CY2020Q4	us-gaap	Secured Long Term Debt SecuredLongTermDebt	456177000	USD
CY2021Q1	us-gaap	Line Of Credit LineOfCredit	0	USD
CY2020Q4	us-gaap	Line Of Credit LineOfCredit	53312000	USD
CY2021Q1	us-gaap	Notes Payable NotesPayable	208790000	USD
CY2020Q4	us-gaap	Notes Payable NotesPayable	159203000	USD
CY2021Q1	us-gaap	Accrued Rent Current And Noncurrent AccruedRentCurrentAndNoncurrent	20126000	USD
CY2020Q4	us-gaap	Accrued Rent Current And Noncurrent AccruedRentCurrentAndNoncurrent	20633000	USD
CY2021Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	5646000	USD
CY2020Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	5687000	USD
CY2021Q1	us-gaap	Asset Retirement Obligation AssetRetirementObligation	3113000	USD
CY2020Q4	us-gaap	Asset Retirement Obligation AssetRetirementObligation	3086000	USD
CY2021Q1	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	5448000	USD
CY2020Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	4459000	USD
CY2021Q1	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	3225000	USD
CY2020Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	2960000	USD
CY2021Q1	us-gaap	Other Liabilities OtherLiabilities	15193000	USD
CY2020Q4	us-gaap	Other Liabilities OtherLiabilities	17068000	USD
CY2021Q1	us-gaap	Liabilities Liabilities	715894000	USD
CY2020Q4	us-gaap	Liabilities Liabilities	722585000	USD
CY2021Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2020Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2021Q1	us-gaap	Redeemable Noncontrolling Interest Equity Preferred Carrying Amount RedeemableNoncontrollingInterestEquityPreferredCarryingAmount	159286000	USD
CY2020Q4	us-gaap	Redeemable Noncontrolling Interest Equity Preferred Carrying Amount RedeemableNoncontrollingInterestEquityPreferredCarryingAmount	159286000	USD
CY2021Q1	us-gaap	Redeemable Noncontrolling Interest Equity Preferred Carrying Amount RedeemableNoncontrollingInterestEquityPreferredCarryingAmount	159286000	USD
CY2020Q4	us-gaap	Redeemable Noncontrolling Interest Equity Preferred Carrying Amount RedeemableNoncontrollingInterestEquityPreferredCarryingAmount	159286000	USD
CY2021Q1	good	Senior Common Stock Par Value SeniorCommonStockParValue	0.001
CY2020Q4	good	Senior Common Stock Par Value SeniorCommonStockParValue	0.001
CY2021Q1	good	Senior Common Stock Shares Authorized SeniorCommonStockSharesAuthorized	950000	shares
CY2020Q4	good	Senior Common Stock Shares Authorized SeniorCommonStockSharesAuthorized	950000	shares
CY2021Q1	good	Senior Common Stock Shares Outstanding SeniorCommonStockSharesOutstanding	706152	shares
CY2021Q1	good	Senior Common Stock Shares Issued SeniorCommonStockSharesIssued	706152	shares
CY2020Q4	good	Senior Common Stock Shares Outstanding SeniorCommonStockSharesOutstanding	750372	shares
CY2020Q4	good	Senior Common Stock Shares Issued SeniorCommonStockSharesIssued	750372	shares
CY2021Q1	good	Senior Common Stock Value Issued SeniorCommonStockValueIssued	1000	USD
CY2020Q4	good	Senior Common Stock Value Issued SeniorCommonStockValueIssued	1000	USD
CY2020Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2021Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2021Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	60290000	shares
CY2020Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	60290000	shares
CY2021Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	36224499	shares
CY2021Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	36224499	shares
CY2020Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	35331970	shares
CY2020Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	35331970	shares
CY2021Q1	us-gaap	Common Stock Value CommonStockValue	36000	USD
CY2020Q4	us-gaap	Common Stock Value CommonStockValue	35000	USD
CY2021Q1	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2020Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2021Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	639053000	USD
CY2020Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	626533000	USD
CY2021Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-1921000	USD
CY2020Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-4345000	USD
CY2021Q1	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	425422000	USD
CY2020Q4	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	409041000	USD
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	211747000	USD
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	213183000	USD
CY2021Q1	us-gaap	Minority Interest MinorityInterest	1416000	USD
CY2020Q4	us-gaap	Minority Interest MinorityInterest	2854000	USD
CY2021Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	213163000	USD
CY2020Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	216037000	USD
CY2021Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1088343000	USD
CY2020Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1097908000	USD
CY2021Q1	us-gaap	Lease Income LeaseIncome	34677000	USD
CY2020Q1	us-gaap	Lease Income LeaseIncome	33619000	USD
CY2021Q1	us-gaap	Revenues Revenues	34677000	USD
CY2020Q1	us-gaap	Revenues Revenues	33619000	USD
CY2021Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	16710000	USD
CY2020Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	14096000	USD
CY2021Q1	good	Property Operating Expenses PropertyOperatingExpenses	6561000	USD
CY2020Q1	good	Property Operating Expenses PropertyOperatingExpenses	6213000	USD
CY2021Q1	good	Base Management Fee BaseManagementFee	1444000	USD
CY2020Q1	good	Base Management Fee BaseManagementFee	1412000	USD
CY2021Q1	good	Incentive Fee IncentiveFee	1236000	USD
CY2020Q1	good	Incentive Fee IncentiveFee	1055000	USD
CY2021Q1	good	Administration Fee AdministrationFee	297000	USD
CY2020Q1	good	Administration Fee AdministrationFee	438000	USD
CY2021Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	656000	USD
CY2020Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	878000	USD
CY2021Q1	us-gaap	Operating Expenses OperatingExpenses	26904000	USD
CY2020Q1	us-gaap	Operating Expenses OperatingExpenses	24092000	USD
CY2021Q1	us-gaap	Interest Expense InterestExpense	7164000	USD
CY2020Q1	us-gaap	Interest Expense InterestExpense	7252000	USD
CY2021Q1	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	-882000	USD
CY2020Q1	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	-12000	USD
CY2021Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	311000	USD
CY2020Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-5000	USD
CY2021Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-7735000	USD
CY2020Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-7269000	USD
CY2021Q1	us-gaap	Profit Loss ProfitLoss	38000	USD
CY2020Q1	us-gaap	Profit Loss ProfitLoss	2258000	USD
CY2021Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-41000	USD
CY2020Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-9000	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	79000	USD
CY2021Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.08
CY2020Q1	us-gaap	Net Income Loss NetIncomeLoss	2267000	USD
CY2021Q1	us-gaap	Redeemable Preferred Stock Dividends RedeemablePreferredStockDividends	2847000	USD
CY2020Q1	us-gaap	Redeemable Preferred Stock Dividends RedeemablePreferredStockDividends	2678000	USD
CY2021Q1	good	Distributions Attributable To Senior Common Stock DistributionsAttributableToSeniorCommonStock	187000	USD
CY2020Q1	good	Distributions Attributable To Senior Common Stock DistributionsAttributableToSeniorCommonStock	208000	USD
CY2021Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-2955000	USD
CY2020Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-619000	USD
CY2020Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.02
CY2021Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	35714107	shares
CY2020Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	33634946	shares
CY2021Q1	good	Earnings Per Weighted Average Share Of Senior Common Stock EarningsPerWeightedAverageShareOfSeniorCommonStock	0.26
CY2020Q1	good	Earnings Per Weighted Average Share Of Senior Common Stock EarningsPerWeightedAverageShareOfSeniorCommonStock	0.26
CY2021Q1	good	Weighted Average Shares Of Senior Common Stock Outstanding Basic WeightedAverageSharesOfSeniorCommonStockOutstandingBasic	723841	shares
CY2020Q1	good	Weighted Average Shares Of Senior Common Stock Outstanding Basic WeightedAverageSharesOfSeniorCommonStockOutstandingBasic	793429	shares
CY2021Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	2424000	USD
CY2020Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	-2528000	USD
CY2021Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	2424000	USD
CY2020Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-2528000	USD
CY2020Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-270000	USD
CY2021Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	-41000	USD
CY2020Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	-9000	USD
CY2021Q1	us-gaap	Profit Loss ProfitLoss	38000	USD
CY2020Q1	us-gaap	Profit Loss ProfitLoss	2258000	USD
CY2021Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	2462000	USD
CY2021Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	2503000	USD
CY2020Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-261000	USD
CY2021Q1	us-gaap	Profit Loss ProfitLoss	38000	USD
CY2020Q1	us-gaap	Profit Loss ProfitLoss	2258000	USD
CY2021Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	16710000	USD
CY2020Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	14096000	USD
CY2021Q1	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	-882000	USD
CY2020Q1	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	-12000	USD
CY2021Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	394000	USD
CY2020Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	374000	USD
CY2021Q1	good	Amortization Of Deferred Rent Asset And Liability Net AmortizationOfDeferredRentAssetAndLiabilityNet	-1395000	USD
CY2020Q1	good	Amortization Of Deferred Rent Asset And Liability Net AmortizationOfDeferredRentAssetAndLiabilityNet	-462000	USD
CY2021Q1	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	14000	USD
CY2020Q1	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	15000	USD
CY2021Q1	good	Asset Retirement Obligation Expense AssetRetirementObligationExpense	27000	USD
CY2020Q1	good	Asset Retirement Obligation Expense AssetRetirementObligationExpense	26000	USD
CY2021Q1	good	Operating Lease Rightof Use Asset Amortization OperatingLeaseRightofUseAssetAmortization	13000	USD
CY2020Q1	good	Operating Lease Rightof Use Asset Amortization OperatingLeaseRightofUseAssetAmortization	13000	USD
CY2021Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-224000	USD
CY2020Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-1412000	USD
CY2021Q1	us-gaap	Straight Line Rent StraightLineRent	355000	USD
CY2020Q1	us-gaap	Straight Line Rent StraightLineRent	214000	USD
CY2021Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	1063000	USD
CY2020Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	2143000	USD
CY2021Q1	good	Increase Decrease In Accounts Payable And Accrued Liabilities Due To Adviser And Administrator IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesDueToAdviserAndAdministrator	265000	USD
CY2020Q1	good	Increase Decrease In Accounts Payable And Accrued Liabilities Due To Adviser And Administrator IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesDueToAdviserAndAdministrator	248000	USD
CY2021Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-446000	USD
CY2020Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	1124000	USD
CY2021Q1	us-gaap	Payments For Commissions PaymentsForCommissions	555000	USD
CY2020Q1	us-gaap	Payments For Commissions PaymentsForCommissions	715000	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	16879000	USD
CY2020Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	20330000	USD
CY2021Q1	good	Payments To Acquire Real Estate And Intangible Assets PaymentsToAcquireRealEstateAndIntangibleAssets	10846000	USD
CY2020Q1	good	Payments To Acquire Real Estate And Intangible Assets PaymentsToAcquireRealEstateAndIntangibleAssets	69922000	USD
CY2021Q1	good	Improvements Of Existing Real Estate ImprovementsOfExistingRealEstate	1669000	USD
CY2020Q1	good	Improvements Of Existing Real Estate ImprovementsOfExistingRealEstate	2031000	USD
CY2021Q1	us-gaap	Proceeds From Sale Of Land Heldforinvestment ProceedsFromSaleOfLandHeldforinvestment	5106000	USD
CY2020Q1	us-gaap	Proceeds From Sale Of Land Heldforinvestment ProceedsFromSaleOfLandHeldforinvestment	3947000	USD
CY2021Q1	good	Receipts From Lenders For Reserves Held In Escrow ReceiptsFromLendersForReservesHeldInEscrow	1768000	USD
CY2020Q1	good	Receipts From Lenders For Reserves Held In Escrow ReceiptsFromLendersForReservesHeldInEscrow	21000	USD
CY2021Q1	good	Payments To Lenders For Reserves Held In Escrow PaymentsToLendersForReservesHeldInEscrow	559000	USD
CY2020Q1	good	Payments To Lenders For Reserves Held In Escrow PaymentsToLendersForReservesHeldInEscrow	766000	USD
CY2021Q1	good	Receipts From Tenants For Reserves ReceiptsFromTenantsForReserves	1215000	USD
CY2020Q1	good	Receipts From Tenants For Reserves ReceiptsFromTenantsForReserves	435000	USD
CY2021Q1	good	Payments To Tenants From Reserves PaymentsToTenantsFromReserves	1541000	USD
CY2020Q1	good	Payments To Tenants From Reserves PaymentsToTenantsFromReserves	429000	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-6526000	USD
CY2020Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-68745000	USD
CY2021Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	11465000	USD
CY2020Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	28296000	USD
CY2021Q1	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	153000	USD
CY2020Q1	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	323000	USD
CY2021Q1	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	5500000	USD
CY2020Q1	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	35855000	USD
CY2021Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	584000	USD
CY2020Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	382000	USD
CY2021Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	7497000	USD
CY2020Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	3162000	USD
CY2021Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	13000000	USD
CY2020Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	36900000	USD
CY2021Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	66900000	USD
CY2020Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	67700000	USD
CY2021Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	50000000	USD
CY2020Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	37700000	USD
CY2021Q1	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits	-6000	USD
CY2020Q1	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits	12000	USD
CY2021Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	16649000	USD
CY2020Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	15738000	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-11824000	USD
CY2020Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	51458000	USD
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-1471000	USD
CY2020Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	3043000	USD
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	16076000	USD
CY2019Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	11488000	USD
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	14605000	USD
CY2020Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	14531000	USD
CY2021Q1	good	Fixed Asset Additions Paid For By Tenant FixedAssetAdditionsPaidForByTenant	1102000	USD
CY2020Q1	good	Fixed Asset Additions Paid For By Tenant FixedAssetAdditionsPaidForByTenant	353000	USD
CY2021Q1	good	Noncash Or Part Noncash Payments To Acquire Real Estate And Intangible Asset NoncashOrPartNoncashPaymentsToAcquireRealEstateAndIntangibleAsset	300000	USD
CY2020Q1	good	Noncash Or Part Noncash Payments To Acquire Real Estate And Intangible Asset NoncashOrPartNoncashPaymentsToAcquireRealEstateAndIntangibleAsset	1541000	USD
CY2021Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	2424000	USD
CY2020Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	-2528000	USD
CY2021Q1	good	Noncashor Part Noncash Acquisition Improvements Includedin Accounts Payableand Accrued Liabilities NoncashorPartNoncashAcquisitionImprovementsIncludedinAccountsPayableandAccruedLiabilities	788000	USD
CY2020Q1	good	Noncashor Part Noncash Acquisition Improvements Includedin Accounts Payableand Accrued Liabilities NoncashorPartNoncashAcquisitionImprovementsIncludedinAccountsPayableandAccruedLiabilities	85000	USD
CY2021Q1	us-gaap	Stock Issued1 StockIssued1	0	USD
CY2020Q1	us-gaap	Stock Issued1 StockIssued1	502000	USD
CY2021Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	9871000	USD
CY2020Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	9853000	USD
CY2021Q1	us-gaap	Restricted Cash RestrictedCash	4734000	USD
CY2020Q1	us-gaap	Restricted Cash RestrictedCash	4678000	USD
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	14605000	USD
CY2020Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	14531000	USD
CY2021Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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. We base our estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, including the impact of extraordinary events such as the novel coronavirus (“COVID-19”) pandemic, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions.</span></div>
CY2021Q1	good	Numberof Executive Officers NumberofExecutiveOfficers	2	officer
CY2021Q1	good	Quarterly Incentive Fee Per Advisory Agreement QuarterlyIncentiveFeePerAdvisoryAgreement	0.020
CY2021Q1	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	3200000	USD
CY2020Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	3000000.0	USD
CY2021Q1	good	Annual Base Management Fee In Percentage Of Stockholders Equity Adjusted To Unrealized Gains Or Losses AnnualBaseManagementFeeInPercentageOfStockholdersEquityAdjustedToUnrealizedGainsOrLosses	0.015
CY2021Q1	good	Quarterly Base Management Fee In Percentage Of Stockholders Equity Adjusted To Unrealized Gains Or Losses QuarterlyBaseManagementFeeInPercentageOfStockholdersEquityAdjustedToUnrealizedGainsOrLosses	0.00375
CY2020Q3	good	Annual Base Management Fee In Percentage Of Stockholders Equity Adjusted To Unrealized Gains Or Losses AnnualBaseManagementFeeInPercentageOfStockholdersEquityAdjustedToUnrealizedGainsOrLosses	0.00425
CY2020Q3	good	Quarterly Base Management Fee In Percentage Of Stockholders Equity Adjusted To Unrealized Gains Or Losses QuarterlyBaseManagementFeeInPercentageOfStockholdersEquityAdjustedToUnrealizedGainsOrLosses	0.0010625
CY2021Q1	good	Base Management Fee BaseManagementFee	1400000	USD
CY2020Q1	good	Base Management Fee BaseManagementFee	1400000	USD
CY2021Q1	good	Annualized Incentive Fee Per Advisory Agreement AnnualizedIncentiveFeePerAdvisoryAgreement	0.080
CY2021Q1	good	Amount To Be Paid To Adviser In Percentage Of Pre Incentive Fee Condition One AmountToBePaidToAdviserInPercentageOfPreIncentiveFeeConditionOne	0.150
CY2021Q1	good	Amount To Be Paid To Adviser In Percentage Of Pre Incentive Fee Condition One AmountToBePaidToAdviserInPercentageOfPreIncentiveFeeConditionOne	0.150
CY2021Q1	good	Numberof Quarters Usedforthe Capof Average Quarterly Incentive Fees NumberofQuartersUsedfortheCapofAverageQuarterlyIncentiveFees	4	quarter
CY2021Q1	good	Incentive Fee IncentiveFee	1200000	USD
CY2020Q1	good	Incentive Fee IncentiveFee	1100000	USD
CY2020Q1	good	Incentive Fee Waived IncentiveFeeWaived	0	USD
CY2021Q1	good	Incentive Fee Waived IncentiveFeeWaived	0	USD
CY2021Q1	good	Percentage Of Incentive Fees On Capital Gains PercentageOfIncentiveFeesOnCapitalGains	0.150
CY2020Q1	good	Incentive Fee On Capital Gains IncentiveFeeOnCapitalGains	0	USD
CY2021Q1	good	Incentive Fee On Capital Gains IncentiveFeeOnCapitalGains	0	USD
CY2021Q1	good	Notice Period For Termination Of Agreement Without Cause NoticePeriodForTerminationOfAgreementWithoutCause	P120D
CY2021Q1	good	Notice Period For Termination Of Agreement With Cause NoticePeriodForTerminationOfAgreementWithCause	P30D
CY2021Q1	good	Administration Fee AdministrationFee	300000	USD
CY2020Q1	good	Administration Fee AdministrationFee	400000	USD
CY2021Q1	good	Payment Of Financing Fee PaymentOfFinancingFee	14000	USD
CY2021Q1	good	Secured Mortgages Financing Fee Percent SecuredMortgagesFinancingFeePercent	0.0025
CY2020Q1	good	Payment Of Financing Fee PaymentOfFinancingFee	89637	USD
CY2020Q1	good	Secured Mortgages Financing Fee Percent SecuredMortgagesFinancingFeePercent	0.0025
CY2020Q1	good	Selling Commissions Gross Proceeds Percentage SellingCommissionsGrossProceedsPercentage	0.060
CY2020Q1	good	Dealer Management Fee Gross Proceeds Percentage DealerManagementFeeGrossProceedsPercentage	0.030
CY2021Q1	good	Dealer Management Fee Payments For Commissions DealerManagementFeePaymentsForCommissions	3375	USD
CY2021Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-2955000	USD
CY2020Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-619000	USD
CY2021Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	35714107	shares
CY2020Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	33634946	shares
CY2021Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.08
CY2020Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.02
CY2021Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-2955000	USD
CY2020Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-619000	USD
CY2021Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-2955000	USD
CY2020Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-619000	USD
CY2021Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	35714107	shares
CY2020Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	33634946	shares
CY2021Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2020Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2021Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	35714107	shares
CY2020Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	33634946	shares
CY2021Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.08
CY2020Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.02
CY2021Q1	good	Noncontrolling Interest Ownership By Noncontrolling Owners Number Of Shares Weighted Average NoncontrollingInterestOwnershipByNoncontrollingOwnersNumberOfSharesWeightedAverage	500299	shares
CY2020Q1	good	Noncontrolling Interest Ownership By Noncontrolling Owners Number Of Shares Weighted Average NoncontrollingInterestOwnershipByNoncontrollingOwnersNumberOfSharesWeightedAverage	501233	shares
CY2021Q1	us-gaap	Land Land	143559000	USD
CY2020Q4	us-gaap	Land Land	142853000	USD
CY2021Q1	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	930480000	USD
CY2020Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	916601000	USD
CY2021Q1	us-gaap	Tenant Improvements TenantImprovements	69921000	USD
CY2020Q4	us-gaap	Tenant Improvements TenantImprovements	69229000	USD
CY2021Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	240351000	USD
CY2020Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	228468000	USD
CY2021Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	903609000	USD
CY2020Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	900215000	USD
CY2020Q4	good	Land Subjectto Land Lease Agreements Value LandSubjecttoLandLeaseAgreementsValue	4436000	USD
CY2021Q1	good	Land Subjectto Land Lease Agreements Value LandSubjecttoLandLeaseAgreementsValue	4436000	USD
CY2021Q1	good	Number Of Properties Acquired NumberOfPropertiesAcquired	1	property
CY2020Q1	good	Number Of Properties Acquired NumberOfPropertiesAcquired	5	property
CY2021Q1	good	Purchase Price Of Acquired Property PurchasePriceOfAcquiredProperty	11146000	USD
CY2020Q1	good	Purchase Price Of Acquired Property PurchasePriceOfAcquiredProperty	71965000	USD
CY2021Q1	good	Land Subjectto Land Lease Agreement Fair Value LandSubjecttoLandLeaseAgreementFairValue	2711000	USD
CY2021Q1	us-gaap	Business Combination Acquired Direct Financing Lease Receivable BusinessCombinationAcquiredDirectFinancingLeaseReceivable	53000	USD
CY2021Q1	us-gaap	Advance Rent AdvanceRent	62000	USD
CY2021Q1	us-gaap	Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear	84350000	USD
CY2021Q1	us-gaap	Lessor Operating Lease Payments To Be Received Next Twelve Months LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths	106492000	USD
CY2021Q1	us-gaap	Lessor Operating Lease Payments To Be Received Two Years LessorOperatingLeasePaymentsToBeReceivedTwoYears	99927000	USD
CY2021Q1	us-gaap	Lessor Operating Lease Payments To Be Received Three Years LessorOperatingLeasePaymentsToBeReceivedThreeYears	91890000	USD
CY2021Q1	us-gaap	Lessor Operating Lease Payments To Be Received Four Years LessorOperatingLeasePaymentsToBeReceivedFourYears	85229000	USD
CY2021Q1	us-gaap	Lessor Operating Lease Payments To Be Received Five Years LessorOperatingLeasePaymentsToBeReceivedFiveYears	76057000	USD
CY2021Q1	us-gaap	Lessor Operating Lease Payments To Be Received Thereafter LessorOperatingLeasePaymentsToBeReceivedThereafter	261017000	USD
CY2021Q1	us-gaap	Lessor Operating Lease Payments To Be Received LessorOperatingLeasePaymentsToBeReceived	804962000	USD
CY2021Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	30757000	USD
CY2020Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	29479000	USD
CY2021Q1	good	Operating Lease Cost Net Change Value OperatingLeaseCostNetChangeValue	1278000	USD
CY2021Q1	good	Operating Lease Cost Net Change Percent OperatingLeaseCostNetChangePercent	0.043
CY2021Q1	us-gaap	Variable Lease Cost VariableLeaseCost	3920000	USD
CY2020Q1	us-gaap	Variable Lease Cost VariableLeaseCost	4140000	USD
CY2021Q1	good	Variable Lease Cost Net Change Value VariableLeaseCostNetChangeValue	-220000	USD
CY2021Q1	good	Variable Lease Cost Net Change Percent VariableLeaseCostNetChangePercent	-0.053
CY2021Q1	us-gaap	Lease Cost LeaseCost	34677000	USD
CY2020Q1	us-gaap	Lease Cost LeaseCost	33619000	USD
CY2021Q1	good	Lease Cost Net Change Value LeaseCostNetChangeValue	1058000	USD
CY2021Q1	good	Lease Cost Net Change Percent LeaseCostNetChangePercent	0.031
CY2021Q1	us-gaap	Below Market Lease Gross BelowMarketLeaseGross	39421000	USD
CY2021Q1	us-gaap	Below Market Lease Accumulated Amortization BelowMarketLeaseAccumulatedAmortization	19295000	USD
CY2020Q4	us-gaap	Below Market Lease Gross BelowMarketLeaseGross	38319000	USD
CY2020Q4	us-gaap	Below Market Lease Accumulated Amortization BelowMarketLeaseAccumulatedAmortization	17686000	USD
CY2021Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	6000000.0	USD
CY2020Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	5100000	USD
CY2021Q1	us-gaap	Amortization Of Below Market Lease AmortizationOfBelowMarketLease	1600000	USD
CY2020Q1	us-gaap	Amortization Of Below Market Lease AmortizationOfBelowMarketLease	700000	USD
CY2021Q1	us-gaap	Acquired Finite Lived Intangible Assets Weighted Average Useful Life AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife	P15Y4M24D
CY2020Q1	us-gaap	Acquired Finite Lived Intangible Assets Weighted Average Useful Life AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife	P16Y10M24D
CY2021Q1	good	Number Of Existing Encumbered Properties NumberOfExistingEncumberedProperties	117	property
CY2021Q1	us-gaap	Long Term Debt LongTermDebt	663143000	USD
CY2020Q4	us-gaap	Long Term Debt LongTermDebt	669280000	USD
CY2021Q1	us-gaap	Debt Weighted Average Interest Rate DebtWeightedAverageInterestRate	0.0422
CY2021Q1	us-gaap	Derivative Cost Of Hedge DerivativeCostOfHedge	1322000	USD
CY2021Q1	us-gaap	Derivative Notional Amount DerivativeNotionalAmount	226920000	USD
CY2021Q1	us-gaap	Interest Rate Fair Value Hedge Derivative At Fair Value Net InterestRateFairValueHedgeDerivativeAtFairValueNet	155000	USD
CY2020Q4	us-gaap	Derivative Notional Amount DerivativeNotionalAmount	177060000	USD
CY2020Q4	us-gaap	Interest Rate Fair Value Hedge Derivative At Fair Value Net InterestRateFairValueHedgeDerivativeAtFairValueNet	9000	USD
CY2021Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	2424000	USD
CY2020Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	-2528000	USD
CY2021Q1	us-gaap	Derivative Assets Liabilities At Fair Value Net DerivativeAssetsLiabilitiesAtFairValueNet	-532000	USD
CY2020Q4	us-gaap	Derivative Assets Liabilities At Fair Value Net DerivativeAssetsLiabilitiesAtFairValueNet	-3046000	USD
CY2021Q1	us-gaap	Number Of Properties Subject To Ground Leases NumberOfPropertiesSubjectToGroundLeases	4	lease
CY2021Q1	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	360000	USD
CY2021Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	489000	USD
CY2021Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	492000	USD
CY2021Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	493000	USD
CY2021Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	494000	USD
CY2021Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive	498000	USD
CY2021Q1	us-gaap	Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive	6807000	USD
CY2021Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	9633000	USD
CY2021Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	3987000	USD
CY2021Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	5646000	USD
CY2021Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P19Y10M24D
CY2021Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0532
CY2021Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	213163000	USD
CY2020Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	223464000	USD
CY2020Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	86290000	shares
CY2020Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	60290000	shares
CY2021Q1	good	Noncontrolling Interest Ownership By Noncontrolling Owners Number Of Shares Outstanding NoncontrollingInterestOwnershipByNoncontrollingOwnersNumberOfSharesOutstanding	256994	shares
CY2020	good	Noncontrolling Interest Ownership By Noncontrolling Owners Number Of Shares Outstanding NoncontrollingInterestOwnershipByNoncontrollingOwnersNumberOfSharesOutstanding	503033	shares

Files In Submission

Name	View Source	Status
0001234006-21-000011-index-headers.html	Edgar Link	pending
0001234006-21-000011-index.html	Edgar Link	pending
0001234006-21-000011.txt	Edgar Link	pending
0001234006-21-000011-xbrl.zip	Edgar Link	pending
ex311_3312021.htm	Edgar Link	pending
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FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
good-20210331.htm	Edgar Link	pending
good-20210331.xsd	Edgar Link	pending
good-20210331_cal.xml	Edgar Link	unprocessable
good-20210331_def.xml	Edgar Link	unprocessable
good-20210331_htm.xml	Edgar Link	completed
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good-20210331_pre.xml	Edgar Link	unprocessable
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$GOOD
GLADSTONE COMMERCIAL CORP Stock $good

2021 Q1 Form 10-Q Financial Statement

#000123400621000011 Filed on May 10, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GOOD GLADSTONE COMMERCIAL CORP Stock $good

2021 Q1 Form 10-Q Financial Statement

#000123400621000011 Filed on May 10, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GOOD
GLADSTONE COMMERCIAL CORP Stock $good