$GOOD
GLADSTONE COMMERCIAL CORP Stock $good

$good Overview Financials Valuation SEC Filings Company Website

2023 Q2 Form 10-Q Financial Statement

#000123400623000007 Filed on May 03, 2023

Income Statement

Concept	2023 Q2	2023 Q1	2022 Q1
Revenue	$38.66M	$36.55M	$35.53M
YoY Change	6.21%	2.88%	2.46%
Cost Of Revenue	$8.243M	$8.232M	$8.070M
YoY Change	-2.29%	2.01%	2.02%
Gross Profit	$30.42M	$28.32M	$27.46M
YoY Change	8.77%	3.14%	2.58%
Gross Profit Margin	78.68%	77.48%	77.29%
Selling, General & Admin	$1.714M	$1.728M	$2.899M
YoY Change	-38.7%	-40.39%	26.59%
% of Gross Profit	5.64%	6.1%	10.56%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$16.17M	$15.47M	$14.69M
YoY Change	6.23%	5.34%	-12.09%
% of Gross Profit	53.15%	54.64%	53.49%
Operating Expenses	$33.72M	$25.43M	$25.66M
YoY Change	21.17%	-0.87%	-4.63%
Operating Profit	-$3.301M	$2.888M	$1.803M
YoY Change	-2492.03%	60.18%	-1445.52%
Interest Expense	$9.081M	$8.828M	$6.586M
YoY Change	27.52%	34.04%	-8.07%
% of Operating Profit		305.68%	365.28%
Other Income/Expense, Net	-$9.530M	-$8.723M	-$6.482M
YoY Change	36.1%	34.57%	-16.2%
Pretax Income	-$4.588M	$2.397M	$3.391M
YoY Change	-391.86%	-29.31%	8377.5%
Income Tax
% Of Pretax Income
Net Earnings	-$4.515M	$2.404M	$3.389M
YoY Change	-385.4%	-29.06%	4189.87%
Net Earnings / Revenue	-11.68%	6.58%	9.54%
Basic Earnings Per Share	-$0.19	-$0.02	$0.01
Diluted Earnings Per Share	-$0.19	-$0.02	$0.01
COMMON SHARES
Basic Shares Outstanding	40.00M shares	39.99M shares	37.90M shares
Diluted Shares Outstanding	39.98M shares	39.92M shares	37.90M shares

Balance Sheet

Concept	2023 Q2	2023 Q1	2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$16.49M	$14.29M	$9.585M
YoY Change	53.5%	49.05%	-3.18%
Cash & Equivalents	$16.49M	$14.29M	$9.585M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory	$36.77M	$4.722M
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$53.25M	$19.01M	$9.585M
YoY Change	82.72%	98.31%	-3.18%
LONG-TERM ASSETS
Property, Plant & Equipment	$951.0M	$995.8M	$969.6M
YoY Change	-3.59%	2.7%	6.66%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$49.41M	$46.79M	$48.79M
YoY Change	0.82%	-4.09%	-1.44%
Total Long-Term Assets	$1.129B	$1.168B	$1.145B
YoY Change	-3.05%	1.99%	6.16%
TOTAL ASSETS
Total Short-Term Assets	$53.25M	$19.01M	$9.585M
Total Long-Term Assets	$1.129B	$1.168B	$1.145B
Total Assets	$1.182B	$1.187B	$1.154B
YoY Change	-0.96%	2.79%	6.07%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$14.10M	$12.28M	$3.574M
YoY Change	286.81%	243.56%	11.69%
Accrued Expenses	$5.202M	$5.255M	$5.460M
YoY Change	-3.86%	-3.75%	-2.5%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$19.31M	$17.53M	$10.82M
YoY Change	113.15%	62.01%	22.99%
LONG-TERM LIABILITIES
Long-Term Debt	$753.7M	$747.5M	$705.4M
YoY Change	2.69%	5.98%	6.38%
Other Long-Term Liabilities	$55.13M	$60.83M	$49.80M
YoY Change	-3.89%	22.16%	29.68%
Total Long-Term Liabilities	$808.9M	$808.4M	$755.2M
YoY Change	2.21%	7.04%	7.65%
TOTAL LIABILITIES
Total Short-Term Liabilities	$19.31M	$17.53M	$10.82M
Total Long-Term Liabilities	$808.9M	$808.4M	$755.2M
Total Liabilities	$828.2M	$825.9M	$769.6M
YoY Change	2.34%	7.32%	7.5%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$39.00K	$40.00K	$38.00K
YoY Change	0.0%	5.26%	5.56%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$182.2M	$189.0M	$213.3M
YoY Change
Total Liabilities & Shareholders Equity	$1.182B	$1.187B	$1.154B
YoY Change	-0.96%	2.79%	6.07%

Cashflow Statement

Concept	2023 Q2	2023 Q1	2022 Q1
OPERATING ACTIVITIES
Net Income	-$4.515M	$2.404M	$3.389M
YoY Change	-385.4%	-29.06%	4189.87%
Depreciation, Depletion And Amortization	$16.17M	$15.47M	$14.69M
YoY Change	6.23%	5.34%	-12.09%
Cash From Operating Activities	$15.77M	$14.92M	$17.19M
YoY Change	-9.48%	-13.2%	1.82%
INVESTING ACTIVITIES
Capital Expenditures	$9.375M	$1.961M	-$14.41M
YoY Change	-123.84%	-113.61%	15.06%
Acquisitions
YoY Change
Other Investing Activities	$1.777M	$2.635M	-$3.166M
YoY Change	-288.04%	-183.23%	-152.85%
Cash From Investing Activities	-$7.598M	$674.0K	-$17.57M
YoY Change	-81.13%	-103.84%	169.25%
FINANCING ACTIVITIES
Cash Dividend Paid		$15.11M	$17.37M
YoY Change		-12.96%	4.3%
Common Stock Issuance & Retirement, Net			$22.17M
YoY Change			93.34%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-6.399M	-$12.79M	$1.866M
YoY Change	-127.35%	-785.64%	-115.78%
NET CHANGE
Cash From Operating Activities	15.77M	$14.92M	$17.19M
Cash From Investing Activities	-7.598M	$674.0K	-$17.57M
Cash From Financing Activities	-6.399M	-$12.79M	$1.866M
Net Change In Cash	1.772M	$2.799M	$1.482M
YoY Change	225.74%	88.87%	-200.75%
FREE CASH FLOW
Cash From Operating Activities	$15.77M	$14.92M	$17.19M
Capital Expenditures	$9.375M	$1.961M	-$14.41M
Free Cash Flow	$6.394M	$12.96M	$31.59M
YoY Change	-88.73%	-58.98%	7.46%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001234006
CY2023Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2023Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2023Q1	dei	Amendment Flag AmendmentFlag	false
CY2023Q1	good	Percentageof Independent Directors Requiredto Terminatethe Amended Advisory Agreement PercentageofIndependentDirectorsRequiredtoTerminatetheAmendedAdvisoryAgreement	0.6667
CY2023Q1	good	Termination Fee Payableas Percentageof Average Annual Management Feeand Incentive Fee During Twenty Four Month Period TerminationFeePayableasPercentageofAverageAnnualManagementFeeandIncentiveFeeDuringTwentyFourMonthPeriod	2
CY2023Q1	dei	Document Type DocumentType	10-Q
CY2023Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2023Q1	dei	Entity File Number EntityFileNumber	001-33097
CY2023Q1	dei	Entity Registrant Name EntityRegistrantName	GLADSTONE COMMERCIAL CORP
CY2023Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	MD
CY2023Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	02-0681276
CY2023Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	1521 Westbranch Drive,
CY2023Q1	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 100
CY2023Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	22102
CY2023Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	McLean,
CY2023Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	VA
CY2023Q1	dei	City Area Code CityAreaCode	703
CY2023Q1	dei	Local Phone Number LocalPhoneNumber	287-5800
CY2023Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2023Q1	dei	Entity Small Business EntitySmallBusiness	false
CY2023Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2023Q1	dei	Entity Shell Company EntityShellCompany	false
CY2023Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	39998775	shares
CY2023Q1	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	1285539000	usd
CY2022Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	1287297000	usd
CY2023Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	294773000	usd
CY2022Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	286994000	usd
CY2023Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	990766000	usd
CY2022Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	1000303000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	107778000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	111622000	usd
CY2023Q1	us-gaap	Assets Of Disposal Group Including Discontinued Operation AssetsOfDisposalGroupIncludingDiscontinuedOperation	4722000	usd
CY2022Q4	us-gaap	Assets Of Disposal Group Including Discontinued Operation AssetsOfDisposalGroupIncludingDiscontinuedOperation	3013000	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	14286000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	11653000	usd
CY2023Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	4505000	usd
CY2022Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	4339000	usd
CY2023Q1	us-gaap	Escrow Deposit EscrowDeposit	5925000	usd
CY2022Q4	us-gaap	Escrow Deposit EscrowDeposit	8818000	usd
CY2023Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	5071000	usd
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	5131000	usd
CY2023Q1	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	39663000	usd
CY2022Q4	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	38884000	usd
CY2023Q1	us-gaap	Other Assets OtherAssets	13867000	usd
CY2022Q4	us-gaap	Other Assets OtherAssets	17746000	usd
CY2023Q1	us-gaap	Assets Assets	1186583000	usd
CY2022Q4	us-gaap	Assets Assets	1201509000	usd
CY2023Q1	us-gaap	Secured Long Term Debt SecuredLongTermDebt	354556000	usd
CY2022Q4	us-gaap	Secured Long Term Debt SecuredLongTermDebt	359389000	usd
CY2023Q1	us-gaap	Line Of Credit LineOfCredit	26250000	usd
CY2022Q4	us-gaap	Line Of Credit LineOfCredit	23250000	usd
CY2023Q1	us-gaap	Notes Payable NotesPayable	366740000	usd
CY2022Q4	us-gaap	Notes Payable NotesPayable	366567000	usd
CY2023Q1	us-gaap	Accrued Rent Current And Noncurrent AccruedRentCurrentAndNoncurrent	38799000	usd
CY2022Q4	us-gaap	Accrued Rent Current And Noncurrent AccruedRentCurrentAndNoncurrent	39997000	usd
CY2023Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	5255000	usd
CY2022Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	5308000	usd
CY2023Q1	us-gaap	Asset Retirement Obligation AssetRetirementObligation	4824000	usd
CY2022Q4	us-gaap	Asset Retirement Obligation AssetRetirementObligation	4793000	usd
CY2023Q1	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	9822000	usd
CY2022Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	9606000	usd
CY2023Q1	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	2457000	usd
CY2022Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	3356000	usd
CY2023Q1	us-gaap	Other Liabilities OtherLiabilities	17211000	usd
CY2022Q4	us-gaap	Other Liabilities OtherLiabilities	14617000	usd
CY2023Q1	us-gaap	Liabilities Liabilities	825914000	usd
CY2022Q4	us-gaap	Liabilities Liabilities	826883000	usd
CY2023Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2022Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q1	us-gaap	Redeemable Noncontrolling Interest Equity Preferred Carrying Amount RedeemableNoncontrollingInterestEquityPreferredCarryingAmount	170041000	usd
CY2022Q4	us-gaap	Redeemable Noncontrolling Interest Equity Preferred Carrying Amount RedeemableNoncontrollingInterestEquityPreferredCarryingAmount	170056000	usd
CY2023Q1	us-gaap	Redeemable Noncontrolling Interest Equity Preferred Carrying Amount RedeemableNoncontrollingInterestEquityPreferredCarryingAmount	170041000	usd
CY2022Q4	us-gaap	Redeemable Noncontrolling Interest Equity Preferred Carrying Amount RedeemableNoncontrollingInterestEquityPreferredCarryingAmount	170056000	usd
CY2023Q1	good	Senior Common Stock Par Value SeniorCommonStockParValue	0.001
CY2022Q4	good	Senior Common Stock Par Value SeniorCommonStockParValue	0.001
CY2022Q4	good	Senior Common Stock Shares Authorized SeniorCommonStockSharesAuthorized	950000	shares
CY2023Q1	good	Senior Common Stock Shares Authorized SeniorCommonStockSharesAuthorized	950000	shares
CY2023Q1	good	Senior Common Stock Shares Issued SeniorCommonStockSharesIssued	407092	shares
CY2023Q1	good	Senior Common Stock Shares Outstanding SeniorCommonStockSharesOutstanding	407092	shares
CY2022Q4	good	Senior Common Stock Shares Outstanding SeniorCommonStockSharesOutstanding	431064	shares
CY2022Q4	good	Senior Common Stock Shares Issued SeniorCommonStockSharesIssued	431064	shares
CY2023Q1	good	Senior Common Stock Value Issued SeniorCommonStockValueIssued	1000	usd
CY2022Q4	good	Senior Common Stock Value Issued SeniorCommonStockValueIssued	1000	usd
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2023Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2023Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	62309915	shares
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	62305727	shares
CY2023Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	39998220	shares
CY2023Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	39998220	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	39744359	shares
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	39744359	shares
CY2023Q1	us-gaap	Common Stock Value CommonStockValue	40000	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	39000	usd
CY2023Q1	us-gaap	Preferred Stock Value PreferredStockValue	1000	usd
CY2022Q4	us-gaap	Preferred Stock Value PreferredStockValue	1000	usd
CY2023Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	725874000	usd
CY2022Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	721327000	usd
CY2023Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	6008000	usd
CY2022Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	11640000	usd
CY2023Q1	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	542937000	usd
CY2022Q4	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	530228000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	188987000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	202780000	usd
CY2023Q1	us-gaap	Minority Interest MinorityInterest	1641000	usd
CY2022Q4	us-gaap	Minority Interest MinorityInterest	1790000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	190628000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	204570000	usd
CY2023Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1186583000	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1201509000	usd
CY2023Q1	us-gaap	Lease Income LeaseIncome	36554000	usd
CY2022Q1	us-gaap	Lease Income LeaseIncome	35531000	usd
CY2023Q1	us-gaap	Revenues Revenues	36554000	usd
CY2022Q1	us-gaap	Revenues Revenues	35531000	usd
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	15474000	usd
CY2022Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	14689000	usd
CY2023Q1	good	Property Operating Expenses PropertyOperatingExpenses	6727000	usd
CY2022Q1	good	Property Operating Expenses PropertyOperatingExpenses	6623000	usd
CY2023Q1	good	Base Management Fee BaseManagementFee	1605000	usd
CY2022Q1	good	Base Management Fee BaseManagementFee	1547000	usd
CY2023Q1	good	Incentive Fee IncentiveFee	0	usd
CY2022Q1	good	Incentive Fee IncentiveFee	1340000	usd
CY2023Q1	good	Administration Fee AdministrationFee	565000	usd
CY2022Q1	good	Administration Fee AdministrationFee	462000	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1063000	usd
CY2022Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	997000	usd
CY2023Q1	us-gaap	Operating Expenses OperatingExpenses	25434000	usd
CY2022Q1	us-gaap	Operating Expenses OperatingExpenses	25658000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	8828000	usd
CY2022Q1	us-gaap	Interest Expense InterestExpense	6586000	usd
CY2023Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	105000	usd
CY2022Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	104000	usd
CY2023Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-8723000	usd
CY2022Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-6482000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	2397000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	3391000	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-7000	usd
CY2022Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	2000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	2404000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	3389000	usd
CY2023Q1	us-gaap	Redeemable Preferred Stock Dividends RedeemablePreferredStockDividends	3022000	usd
CY2022Q1	us-gaap	Redeemable Preferred Stock Dividends RedeemablePreferredStockDividends	2946000	usd
CY2023Q1	good	Distributions Attributable To Senior Common Stock DistributionsAttributableToSeniorCommonStock	109000	usd
CY2022Q1	good	Distributions Attributable To Senior Common Stock DistributionsAttributableToSeniorCommonStock	116000	usd
CY2023Q1	good	Gain Loss On Extinguishment Of Preferred Stock GainLossOnExtinguishmentOfPreferredStock	5000	usd
CY2022Q1	good	Gain Loss On Extinguishment Of Preferred Stock GainLossOnExtinguishmentOfPreferredStock	5000	usd
CY2023Q1	us-gaap	Preferred Stock Redemption Discount PreferredStockRedemptionDiscount	3000	usd
CY2022Q1	us-gaap	Preferred Stock Redemption Discount PreferredStockRedemptionDiscount	0	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-729000	usd
CY2022Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	322000	usd
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.02
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.02
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.01
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.01
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	39922359	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	39922359	shares
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	37902653	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	37902653	shares
CY2023Q1	good	Earnings Per Weighted Average Share Of Senior Common Stock EarningsPerWeightedAverageShareOfSeniorCommonStock	0.26
CY2022Q1	good	Earnings Per Weighted Average Share Of Senior Common Stock EarningsPerWeightedAverageShareOfSeniorCommonStock	0.26
CY2023Q1	good	Weighted Average Shares Of Senior Common Stock Outstanding Basic WeightedAverageSharesOfSeniorCommonStockOutstandingBasic	420521	shares
CY2022Q1	good	Weighted Average Shares Of Senior Common Stock Outstanding Basic WeightedAverageSharesOfSeniorCommonStockOutstandingBasic	449442	shares
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	-5895000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	4267000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-5895000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	4267000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	2397000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	3391000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-3498000	usd
CY2022Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	7658000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	-7000	usd
CY2022Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	2000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-3491000	usd
CY2022Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	7656000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	2397000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	3391000	usd
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	15474000	usd
CY2022Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	14689000	usd
CY2023Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	410000	usd
CY2022Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	369000	usd
CY2023Q1	good	Amortization Of Deferred Rent Asset And Liability Net AmortizationOfDeferredRentAssetAndLiabilityNet	-1761000	usd
CY2022Q1	good	Amortization Of Deferred Rent Asset And Liability Net AmortizationOfDeferredRentAssetAndLiabilityNet	-615000	usd
CY2023Q1	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	11000	usd
CY2022Q1	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	12000	usd
CY2023Q1	good	Asset Retirement Obligation Expense AssetRetirementObligationExpense	31000	usd
CY2022Q1	good	Asset Retirement Obligation Expense AssetRetirementObligationExpense	21000	usd
CY2023Q1	good	Operating Lease Right Of Use Asset And Lease Liability Amortization OperatingLeaseRightOfUseAssetAndLeaseLiabilityAmortization	7000	usd
CY2022Q1	good	Operating Lease Right Of Use Asset And Lease Liability Amortization OperatingLeaseRightOfUseAssetAndLeaseLiabilityAmortization	7000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-924000	usd
CY2022Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	372000	usd
CY2023Q1	us-gaap	Straight Line Rent StraightLineRent	938000	usd
CY2022Q1	us-gaap	Straight Line Rent StraightLineRent	-1156000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-502000	usd
CY2022Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-1508000	usd
CY2023Q1	good	Increase Decrease In Accounts Payable And Accrued Liabilities Due To Adviser And Administrator IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesDueToAdviserAndAdministrator	-899000	usd
CY2022Q1	good	Increase Decrease In Accounts Payable And Accrued Liabilities Due To Adviser And Administrator IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesDueToAdviserAndAdministrator	143000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	166000	usd
CY2022Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	856000	usd
CY2023Q1	us-gaap	Payments For Commissions PaymentsForCommissions	401000	usd
CY2022Q1	us-gaap	Payments For Commissions PaymentsForCommissions	962000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	14919000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	17187000	usd
CY2023Q1	good	Payments To Acquire Real Estate And Intangible Assets PaymentsToAcquireRealEstateAndIntangibleAssets	0	usd
CY2022Q1	good	Payments To Acquire Real Estate And Intangible Assets PaymentsToAcquireRealEstateAndIntangibleAssets	13463000	usd
CY2023Q1	good	Improvements Of Existing Real Estate ImprovementsOfExistingRealEstate	1961000	usd
CY2022Q1	good	Improvements Of Existing Real Estate ImprovementsOfExistingRealEstate	942000	usd
CY2023Q1	good	Receipts From Lenders For Reserves Held In Escrow ReceiptsFromLendersForReservesHeldInEscrow	3218000	usd
CY2022Q1	good	Receipts From Lenders For Reserves Held In Escrow ReceiptsFromLendersForReservesHeldInEscrow	28000	usd
CY2023Q1	good	Payments To Lenders For Reserves Held In Escrow PaymentsToLendersForReservesHeldInEscrow	325000	usd
CY2022Q1	good	Payments To Lenders For Reserves Held In Escrow PaymentsToLendersForReservesHeldInEscrow	2544000	usd
CY2023Q1	good	Receipts From Tenants For Reserves ReceiptsFromTenantsForReserves	451000	usd
CY2022Q1	good	Receipts From Tenants For Reserves ReceiptsFromTenantsForReserves	875000	usd
CY2023Q1	good	Payments To Tenants From Reserves PaymentsToTenantsFromReserves	0	usd
CY2022Q1	good	Payments To Tenants From Reserves PaymentsToTenantsFromReserves	1016000	usd
CY2023Q1	us-gaap	Payments To Acquire Real Estate Held For Investment PaymentsToAcquireRealEstateHeldForInvestment	709000	usd
CY2022Q1	us-gaap	Payments To Acquire Real Estate Held For Investment PaymentsToAcquireRealEstateHeldForInvestment	509000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	674000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-17571000	usd
CY2023Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	4630000	usd
CY2022Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	22166000	usd
CY2023Q1	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	80000	usd
CY2022Q1	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	395000	usd
CY2023Q1	us-gaap	Payments For Repurchase Of Redeemable Preferred Stock PaymentsForRepurchaseOfRedeemablePreferredStock	91000	usd
CY2022Q1	us-gaap	Payments For Repurchase Of Redeemable Preferred Stock PaymentsForRepurchaseOfRedeemablePreferredStock	55000	usd
CY2023Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	55000	usd
CY2022Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	usd
CY2023Q1	us-gaap	Payments For Repurchase Of Preferred Stock And Preference Stock PaymentsForRepurchaseOfPreferredStockAndPreferenceStock	12000	usd
CY2022Q1	us-gaap	Payments For Repurchase Of Preferred Stock And Preference Stock PaymentsForRepurchaseOfPreferredStockAndPreferenceStock	0	usd
CY2023Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	70000	usd
CY2022Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	0	usd
CY2023Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	5002000	usd
CY2022Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	3460000	usd
CY2023Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	13000000	usd
CY2022Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	23100000	usd
CY2023Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	10000000	usd
CY2022Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	22100000	usd
CY2023Q1	good	Increase Decrease In Security Deposit IncreaseDecreaseInSecurityDeposit	0	usd
CY2022Q1	good	Increase Decrease In Security Deposit IncreaseDecreaseInSecurityDeposit	-25000	usd
CY2023Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	15114000	usd
CY2022Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	17365000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-12794000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1866000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	2799000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	1482000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	15992000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	13178000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	18791000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	14660000	usd
CY2023Q1	good	Fixed Asset Additions Paid For By Tenant FixedAssetAdditionsPaidForByTenant	722000	usd
CY2022Q1	good	Fixed Asset Additions Paid For By Tenant FixedAssetAdditionsPaidForByTenant	3340000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	-5895000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	4267000	usd
CY2023Q1	good	Noncashor Part Noncash Acquisition Improvements Includedin Accounts Payableand Accrued Liabilities NoncashorPartNoncashAcquisitionImprovementsIncludedinAccountsPayableandAccruedLiabilities	2350000	usd
CY2022Q1	good	Noncashor Part Noncash Acquisition Improvements Includedin Accounts Payableand Accrued Liabilities NoncashorPartNoncashAcquisitionImprovementsIncludedinAccountsPayableandAccruedLiabilities	497000	usd
CY2023Q1	good	Stock Issued For Preferred Stock Dividends StockIssuedForPreferredStockDividends	112000	usd
CY2022Q1	good	Stock Issued For Preferred Stock Dividends StockIssuedForPreferredStockDividends	88000	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	14286000	usd
CY2022Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	9585000	usd
CY2023Q1	us-gaap	Restricted Cash RestrictedCash	4505000	usd
CY2022Q1	us-gaap	Restricted Cash RestrictedCash	5075000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	18791000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	14660000	usd
CY2023Q1	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, 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>
CY2023Q1	good	Numberof Executive Officers NumberofExecutiveOfficers	2	officer
CY2023Q1	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	2500000	usd
CY2022Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	3400000	usd
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
CY2023Q1	good	Base Management Fee BaseManagementFee	1600000	usd
CY2022Q1	good	Base Management Fee BaseManagementFee	1500000	usd
CY2023Q1	good	Quarterly Incentive Fee Per Advisory Agreement QuarterlyIncentiveFeePerAdvisoryAgreement	0.020
CY2023Q1	good	Annualized Incentive Fee Per Advisory Agreement AnnualizedIncentiveFeePerAdvisoryAgreement	0.080
CY2023Q1	good	Amount To Be Paid To Adviser In Percentage Of Pre Incentive Fee Condition One AmountToBePaidToAdviserInPercentageOfPreIncentiveFeeConditionOne	0.150
CY2023Q1	good	Amount To Be Paid To Adviser In Percentage Of Pre Incentive Fee Condition One AmountToBePaidToAdviserInPercentageOfPreIncentiveFeeConditionOne	0.150
CY2023Q1	good	Numberof Quarters Usedforthe Capof Average Quarterly Incentive Fees NumberofQuartersUsedfortheCapofAverageQuarterlyIncentiveFees	4	quarter
CY2022Q1	good	Incentive Fee IncentiveFee	1300000	usd
CY2022Q1	good	Incentive Fee Waived IncentiveFeeWaived	0	usd
CY2023Q1	good	Percentage Of Incentive Fees On Capital Gains PercentageOfIncentiveFeesOnCapitalGains	0.150
CY2022Q1	good	Incentive Fee On Capital Gains IncentiveFeeOnCapitalGains	0	usd
CY2023Q1	good	Incentive Fee On Capital Gains IncentiveFeeOnCapitalGains	0	usd
CY2023Q1	good	Notice Period For Termination Of Agreement Without Cause NoticePeriodForTerminationOfAgreementWithoutCause	P120D
CY2023Q1	good	Related Party Transaction Number Of Times The Sum Of The Average Annual Base Management Fee And Incentive Fee Earned By Adviser RelatedPartyTransactionNumberOfTimesTheSumOfTheAverageAnnualBaseManagementFeeAndIncentiveFeeEarnedByAdviser	2
CY2023Q1	good	Period Prior To Termination PeriodPriorToTermination	P24M
CY2023Q1	good	Notice Period For Termination Of Agreement With Cause NoticePeriodForTerminationOfAgreementWithCause	P30D
CY2023Q1	good	Administration Fee AdministrationFee	600000	usd
CY2022Q1	good	Administration Fee AdministrationFee	500000	usd
CY2020Q1	good	Selling Commissions Gross Proceeds Percentage SellingCommissionsGrossProceedsPercentage	0.060
CY2020Q1	good	Dealer Management Fee Gross Proceeds Percentage DealerManagementFeeGrossProceedsPercentage	0.030
CY2023Q1	good	Dealer Management Fee Payments For Commissions DealerManagementFeePaymentsForCommissions	30000.00	usd
CY2022Q1	good	Dealer Management Fee Payments For Commissions DealerManagementFeePaymentsForCommissions	100000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-729000	usd
CY2022Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	322000	usd
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	39922359	shares
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	37902653	shares
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.02
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.01
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-729000	usd
CY2022Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	322000	usd
CY2023Q1	us-gaap	Land Land	152695000	usd
CY2022Q4	us-gaap	Land Land	152916000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-729000	usd
CY2022Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	322000	usd
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	39922359	shares
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	37902653	shares
CY2023Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2022Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	39922359	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	37902653	shares
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.02
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.01
CY2023Q1	good	Noncontrolling Interest Ownership By Noncontrolling Owners Number Of Shares Weighted Average NoncontrollingInterestOwnershipByNoncontrollingOwnersNumberOfSharesWeightedAverage	391468	shares
CY2022Q1	good	Noncontrolling Interest Ownership By Noncontrolling Owners Number Of Shares Weighted Average NoncontrollingInterestOwnershipByNoncontrollingOwnersNumberOfSharesWeightedAverage	256994	shares
CY2023Q1	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	1067950000	usd
CY2022Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	1069407000	usd
CY2023Q1	us-gaap	Tenant Improvements TenantImprovements	64894000	usd
CY2022Q4	us-gaap	Tenant Improvements TenantImprovements	64974000	usd
CY2023Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	294773000	usd
CY2022Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	286994000	usd
CY2023Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	990766000	usd
CY2022Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	1000303000	usd
CY2022Q4	good	Land Subjectto Land Lease Agreements Value LandSubjecttoLandLeaseAgreementsValue	4436000	usd
CY2023Q1	good	Land Subjectto Land Lease Agreements Value LandSubjecttoLandLeaseAgreementsValue	4436000	usd
CY2023Q1	good	Number Of Properties Acquired NumberOfPropertiesAcquired	0	property
CY2022Q1	good	Number Of Properties Acquired NumberOfPropertiesAcquired	2	property
CY2022Q1	good	Purchase Price Of Acquired Property PurchasePriceOfAcquiredProperty	13463000	usd
CY2023Q1	us-gaap	Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear	87845000	usd
CY2023Q1	us-gaap	Lessor Operating Lease Payments To Be Received Next Twelve Months LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths	112991000	usd
CY2023Q1	us-gaap	Lessor Operating Lease Payments To Be Received Two Years LessorOperatingLeasePaymentsToBeReceivedTwoYears	109942000	usd
CY2023Q1	us-gaap	Lessor Operating Lease Payments To Be Received Three Years LessorOperatingLeasePaymentsToBeReceivedThreeYears	102756000	usd
CY2023Q1	us-gaap	Lessor Operating Lease Payments To Be Received Four Years LessorOperatingLeasePaymentsToBeReceivedFourYears	85936000	usd
CY2023Q1	us-gaap	Lessor Operating Lease Payments To Be Received Five Years LessorOperatingLeasePaymentsToBeReceivedFiveYears	70416000	usd
CY2023Q1	us-gaap	Lessor Operating Lease Payments To Be Received Thereafter LessorOperatingLeasePaymentsToBeReceivedThereafter	299003000	usd
CY2023Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	32141000	usd
CY2022Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	31332000	usd
CY2023Q1	good	Operating Lease Cost Net Change Value OperatingLeaseCostNetChangeValue	809000	usd
CY2023Q1	good	Operating Lease Cost Net Change Percent OperatingLeaseCostNetChangePercent	0.026
CY2023Q1	us-gaap	Variable Lease Cost VariableLeaseCost	4413000	usd
CY2022Q1	us-gaap	Variable Lease Cost VariableLeaseCost	4199000	usd
CY2023Q1	good	Variable Lease Cost Net Change Value VariableLeaseCostNetChangeValue	214000	usd
CY2023Q1	good	Variable Lease Cost Net Change Percent VariableLeaseCostNetChangePercent	0.051
CY2023Q1	us-gaap	Lease Cost LeaseCost	36554000	usd
CY2022Q1	us-gaap	Lease Cost LeaseCost	35531000	usd
CY2023Q1	good	Lease Cost Net Change Value LeaseCostNetChangeValue	1023000	usd
CY2023Q1	good	Lease Cost Net Change Percent LeaseCostNetChangePercent	0.029
CY2023Q1	us-gaap	Below Market Lease Gross BelowMarketLeaseGross	64346000	usd
CY2023Q1	us-gaap	Below Market Lease Accumulated Amortization BelowMarketLeaseAccumulatedAmortization	25547000	usd
CY2022Q4	us-gaap	Below Market Lease Gross BelowMarketLeaseGross	66138000	usd
CY2022Q4	us-gaap	Below Market Lease Accumulated Amortization BelowMarketLeaseAccumulatedAmortization	26141000	usd
CY2023Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	4100000	usd
CY2022Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	4700000	usd
CY2023Q1	us-gaap	Amortization Of Below Market Lease AmortizationOfBelowMarketLease	1900000	usd
CY2022Q1	us-gaap	Amortization Of Below Market Lease AmortizationOfBelowMarketLease	800000	usd
CY2022Q1	us-gaap	Acquired Finite Lived Intangible Assets Weighted Average Useful Life AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife	P11Y10M24D
CY2023Q1	good	Number Of Real Estate Properties Held For Sale NumberOfRealEstatePropertiesHeldForSale	2	property
CY2022Q4	good	Number Of Real Estate Properties Held For Sale NumberOfRealEstatePropertiesHeldForSale	1	property
CY2022Q1	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	0	usd
CY2023Q1	us-gaap	Impairment Of Long Lived Assets Held For Use ImpairmentOfLongLivedAssetsHeldForUse	0	usd
CY2023Q1	good	Number Of Existing Encumbered Properties NumberOfExistingEncumberedProperties	134	property
CY2023Q1	us-gaap	Long Term Debt LongTermDebt	747546000	usd
CY2022Q4	us-gaap	Long Term Debt LongTermDebt	749206000	usd
CY2023Q1	us-gaap	Debt Weighted Average Interest Rate DebtWeightedAverageInterestRate	0.0424
CY2023Q1	us-gaap	Derivative Cost Of Hedge DerivativeCostOfHedge	620000	usd
CY2023Q1	us-gaap	Derivative Notional Amount DerivativeNotionalAmount	225000000	usd
CY2023Q1	us-gaap	Interest Rate Fair Value Hedge Derivative At Fair Value Net InterestRateFairValueHedgeDerivativeAtFairValueNet	3264000	usd
CY2022Q4	us-gaap	Derivative Notional Amount DerivativeNotionalAmount	225000000	usd
CY2022Q4	us-gaap	Interest Rate Fair Value Hedge Derivative At Fair Value Net InterestRateFairValueHedgeDerivativeAtFairValueNet	4629000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	-5895000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	4267000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	263000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax	0	usd
CY2023Q1	us-gaap	Derivative Assets Liabilities At Fair Value Net DerivativeAssetsLiabilitiesAtFairValueNet	5741000	usd
CY2022Q4	us-gaap	Derivative Assets Liabilities At Fair Value Net DerivativeAssetsLiabilitiesAtFairValueNet	11996000	usd
CY2023Q1	us-gaap	Number Of Properties Subject To Ground Leases NumberOfPropertiesSubjectToGroundLeases	4	property
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	369000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	493000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	494000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	498000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	506000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive	510000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive	5790000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	8660000	usd
CY2023Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	3405000	usd
CY2023Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	5255000	usd
CY2023Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P18Y3M18D
CY2023Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0533
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	190628000	usd
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	214570000	usd
CY2023Q1	good	Temporary Equity Contract Terms Trigger Change In Control Percentage TemporaryEquityContractTermsTriggerChangeInControlPercentage	0.50
CY2023Q1	good	Temporary Equity Contract Terms Trigger Change In Control Percentage TemporaryEquityContractTermsTriggerChangeInControlPercentage	0.50
CY2020Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	86290000	shares
CY2020Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	60290000	shares
CY2023Q1	good	Noncontrolling Interest Ownership By Noncontrolling Owners Number Of Shares Outstanding NoncontrollingInterestOwnershipByNoncontrollingOwnersNumberOfSharesOutstanding	391468	shares
CY2022	good	Noncontrolling Interest Ownership By Noncontrolling Owners Number Of Shares Outstanding NoncontrollingInterestOwnershipByNoncontrollingOwnersNumberOfSharesOutstanding	391468	shares

Files In Submission

Name	View Source	Status
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0001234006-23-000007-index.html	Edgar Link	pending
0001234006-23-000007.txt	Edgar Link	pending
0001234006-23-000007-xbrl.zip	Edgar Link	pending
ex3113312023.htm	Edgar Link	pending
ex3123312023.htm	Edgar Link	pending
ex3213312023.htm	Edgar Link	pending
ex3223312023.htm	Edgar Link	pending
ex9913312023seriesfvaluati.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
good-20230331.htm	Edgar Link	pending
good-20230331.xsd	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
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good-20230331_cal.xml	Edgar Link	unprocessable
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good-20230331_htm.xml	Edgar Link	completed
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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GLADSTONE COMMERCIAL CORP Stock $good

2023 Q2 Form 10-Q Financial Statement

#000123400623000007 Filed on May 03, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GOOD GLADSTONE COMMERCIAL CORP Stock $good

2023 Q2 Form 10-Q Financial Statement

#000123400623000007 Filed on May 03, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GOOD
GLADSTONE COMMERCIAL CORP Stock $good