2023 Q4 Form 10-Q Financial Statement

#000123400623000015 Filed on November 06, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $35.91M $36.46M
YoY Change -3.51% -8.46%
Cost Of Revenue $7.144M $8.320M
YoY Change -13.07% 3.5%
Gross Profit $28.77M $28.15M
YoY Change -0.81% -11.46%
Gross Profit Margin 80.11% 77.2%
Selling, General & Admin $1.542M $2.030M
YoY Change -41.06% -30.65%
% of Gross Profit 5.36% 7.21%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $13.73M $12.49M
YoY Change -14.17% -20.77%
% of Gross Profit 47.72% 44.37%
Operating Expenses $15.27M $29.59M
YoY Change -17.92% -20.99%
Operating Profit $13.49M -$1.437M
YoY Change 29.84% -74.58%
Interest Expense -$9.485M $9.936M
YoY Change -1.65% 9.1%
% of Operating Profit -70.3%
Other Income/Expense, Net -$58.00K -$5.085M
YoY Change -30.95% -4681.08%
Pretax Income $4.552M $1.790M
YoY Change 151.08% -28.31%
Income Tax
% Of Pretax Income
Net Earnings $1.325M $1.789M
YoY Change -205.08% -28.47%
Net Earnings / Revenue 3.69% 4.91%
Basic Earnings Per Share -$0.04
Diluted Earnings Per Share $0.03 -$0.04
COMMON SHARES
Basic Shares Outstanding 39.95M shares 39.92M shares
Diluted Shares Outstanding 39.92M shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $11.99M $18.30M
YoY Change 2.85% 35.16%
Cash & Equivalents $11.99M $18.26M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $28.79M $29.40M
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $40.77M $47.70M
YoY Change 178.0% 91.0%
LONG-TERM ASSETS
Property, Plant & Equipment $926.6M $939.4M
YoY Change -7.84% -6.05%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $49.92M $49.90M
YoY Change 2.75% 2.08%
Total Long-Term Assets $1.093B $1.119B
YoY Change -7.93% -5.51%
TOTAL ASSETS
Total Short-Term Assets $40.77M $47.70M
Total Long-Term Assets $1.093B $1.119B
Total Assets $1.133B $1.167B
YoY Change -5.66% -3.51%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $16.14M $16.20M
YoY Change 24.55% 337.37%
Accrued Expenses $5.093M $5.100M
YoY Change -4.05% -4.85%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $25.08M
YoY Change
Total Short-Term Liabilities $21.24M $21.30M
YoY Change 16.24% 135.0%
LONG-TERM LIABILITIES
Long-Term Debt $738.9M $749.0M
YoY Change -1.38% 0.98%
Other Long-Term Liabilities $49.07M $50.20M
YoY Change -17.41% -16.74%
Total Long-Term Liabilities $787.9M $799.2M
YoY Change -2.56% -0.36%
TOTAL LIABILITIES
Total Short-Term Liabilities $21.24M $21.30M
Total Long-Term Liabilities $787.9M $799.2M
Total Liabilities $809.2M $820.5M
YoY Change -2.14% -0.18%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $40.00K $39.00K
YoY Change 2.56% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $153.3M $175.1M
YoY Change
Total Liabilities & Shareholders Equity $1.133B $1.167B
YoY Change -5.66% -3.51%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income $1.325M $1.789M
YoY Change -205.08% -28.47%
Depreciation, Depletion And Amortization $13.73M $12.49M
YoY Change -14.17% -20.77%
Cash From Operating Activities $11.88M $17.80M
YoY Change -3.27% -20.14%
INVESTING ACTIVITIES
Capital Expenditures $12.78M $12.57M
YoY Change -40.33% -128.16%
Acquisitions
YoY Change
Other Investing Activities $17.51M $15.91M
YoY Change 21.24% -40.96%
Cash From Investing Activities $4.728M $3.330M
YoY Change -167.77% -118.82%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -22.54M -19.63M
YoY Change 222.21% 826.82%
NET CHANGE
Cash From Operating Activities 11.88M 17.80M
Cash From Investing Activities 4.728M 3.330M
Cash From Financing Activities -22.54M -19.63M
Net Change In Cash -5.937M 1.500M
YoY Change 250.47% -39.56%
FREE CASH FLOW
Cash From Operating Activities $11.88M $17.80M
Capital Expenditures $12.78M $12.57M
Free Cash Flow -$905.0K $5.230M
YoY Change -90.1% -92.19%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q3 us-gaap Common Stock Shares Issued
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CY2023Q3 us-gaap Common Stock Shares Outstanding
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us-gaap Other Nonoperating Income Expense
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us-gaap Other Nonoperating Income Expense
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CY2023Q3 us-gaap Nonoperating Income Expense
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us-gaap Nonoperating Income Expense
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CY2023Q3 us-gaap Profit Loss
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CY2022Q3 us-gaap Profit Loss
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us-gaap Profit Loss
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us-gaap Profit Loss
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CY2023Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2023Q3 us-gaap Net Income Loss
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CY2022Q3 us-gaap Net Income Loss
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us-gaap Net Income Loss
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CY2023Q3 us-gaap Redeemable Preferred Stock Dividends
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CY2023Q3 good Distributions Attributable To Senior Common Stock
DistributionsAttributableToSeniorCommonStock
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CY2022Q3 good Distributions Attributable To Senior Common Stock
DistributionsAttributableToSeniorCommonStock
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good Distributions Attributable To Senior Common Stock
DistributionsAttributableToSeniorCommonStock
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good Distributions Attributable To Senior Common Stock
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CY2023Q3 good Gain Loss On Extinguishment Of Preferred Stock
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CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2023Q3 us-gaap Earnings Per Share Basic
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CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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good Earnings Per Weighted Average Share Of Senior Common Stock
EarningsPerWeightedAverageShareOfSeniorCommonStock
0.79
good Earnings Per Weighted Average Share Of Senior Common Stock
EarningsPerWeightedAverageShareOfSeniorCommonStock
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CY2022Q3 good Weighted Average Shares Of Senior Common Stock Outstanding Basic
WeightedAverageSharesOfSeniorCommonStockOutstandingBasic
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good Weighted Average Shares Of Senior Common Stock Outstanding Basic
WeightedAverageSharesOfSeniorCommonStockOutstandingBasic
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good Weighted Average Shares Of Senior Common Stock Outstanding Basic
WeightedAverageSharesOfSeniorCommonStockOutstandingBasic
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CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
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OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
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OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
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us-gaap Profit Loss
ProfitLoss
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us-gaap Profit Loss
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us-gaap Amortization Of Financing Costs
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us-gaap Amortization Of Debt Discount Premium
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us-gaap Amortization Of Debt Discount Premium
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good Asset Retirement Obligation Expense
AssetRetirementObligationExpense
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good Asset Retirement Obligation Expense
AssetRetirementObligationExpense
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good Operating Lease Right Of Use Asset And Lease Liability Amortization
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good Operating Lease Right Of Use Asset And Lease Liability Amortization
OperatingLeaseRightOfUseAssetAndLeaseLiabilityAmortization
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us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
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us-gaap Increase Decrease In Other Operating Assets
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us-gaap Straight Line Rent
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us-gaap Straight Line Rent
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
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us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
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us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
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OperatingExpenses
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us-gaap Operating Expenses
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us-gaap Operating Expenses
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CY2023Q3 us-gaap Interest Expense
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us-gaap Interest Expense
InterestExpense
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us-gaap Interest Expense
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CY2023Q3 us-gaap Gain Loss On Sale Of Properties
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us-gaap Gain Loss On Sale Of Properties
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GainLossOnExtinguishmentOfPreferredStock
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GainLossOnExtinguishmentOfPreferredStock
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CY2023Q3 us-gaap Preferred Stock Redemption Discount
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CY2022Q3 us-gaap Preferred Stock Redemption Discount
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us-gaap Asset Impairment Charges
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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us-gaap Increase Decrease In Other Operating Liabilities
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us-gaap Net Cash Provided By Used In Operating Activities
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PaymentsToAcquireRealEstateAndIntangibleAssets
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us-gaap Proceeds From Sale Of Land Heldforinvestment
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good Receipts From Lenders For Reserves Held In Escrow
ReceiptsFromLendersForReservesHeldInEscrow
3662000 usd
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ReceiptsFromLendersForReservesHeldInEscrow
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good Payments To Lenders For Reserves Held In Escrow
PaymentsToLendersForReservesHeldInEscrow
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PaymentsToLendersForReservesHeldInEscrow
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ReceiptsFromTenantsForReserves
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ReceiptsFromTenantsForReserves
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us-gaap Repayments Of Lines Of Credit
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us-gaap Proceeds From Issuance Of Long Term Debt
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us-gaap Repayments Of Long Term Lines Of Credit
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464000 usd
us-gaap Payments Of Dividends
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us-gaap Payments Of Dividends
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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good Fixed Asset Additions Paid For By Tenant
FixedAssetAdditionsPaidForByTenant
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good Fixed Asset Additions Paid For By Tenant
FixedAssetAdditionsPaidForByTenant
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
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7218000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
13660000 usd
good Noncashor Part Noncash Acquisition Improvements Includedin Accounts Payableand Accrued Liabilities
NoncashorPartNoncashAcquisitionImprovementsIncludedinAccountsPayableandAccruedLiabilities
3099000 usd
good Noncashor Part Noncash Acquisition Improvements Includedin Accounts Payableand Accrued Liabilities
NoncashorPartNoncashAcquisitionImprovementsIncludedinAccountsPayableandAccruedLiabilities
1142000 usd
us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
0 usd
us-gaap Asset Retirement Obligation Liabilities Incurred
AssetRetirementObligationLiabilitiesIncurred
718000 usd
us-gaap Stock Issued1
StockIssued1
0 usd
us-gaap Stock Issued1
StockIssued1
2393000 usd
good Stock Issued For Preferred Stock Dividends
StockIssuedForPreferredStockDividends
355000 usd
good Stock Issued For Preferred Stock Dividends
StockIssuedForPreferredStockDividends
284000 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
18263000 usd
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
13540000 usd
CY2023Q3 us-gaap Restricted Cash
RestrictedCash
3811000 usd
CY2022Q3 us-gaap Restricted Cash
RestrictedCash
4146000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
22074000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
17686000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-1419000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-310000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-9063000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-1385000 usd
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39917995 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39504734 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39939660 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
38723581 shares
CY2023Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2022Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<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:107%">Revision of Previously Issued Financial Statements</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:107%">In connection with the preparation of its financial statements for the second quarter of 2023, the Company identified errors in the calculation of depreciation of tenant funded improvement assets at a number of its properties. The Company had depreciated these assets through a term that was different than their useful lives, the correction of which resulted in changes to depreciation expense, a non-cash amount, and net income. The correction of these errors had an immaterial impact on the Incentive Fee for each period presented and had no impact on any other Advisory fees. The identified errors were included in the Company's previously issued 2021 quarterly and annual financial statements, 2022 quarterly and annual financial statements, and quarterly financial statements for the three months ended March 31, 2023. The Company evaluated the errors and determined that the related impact was not material to the Consolidated Statements of Operations and Comprehensive Income, Consolidated Balance Sheets, Consolidated Statements of Cash Flows or Consolidated Statements of Equity for any period impacted. The Company has revised the previously issued Condensed Consolidated Statements of Operations and Comprehensive Income, Condensed Consolidated Balance Sheets, Condensed Consolidated Statements of Cash Flows and Stockholders’ Equity tables as of and for the three and nine months ended September 30, 2022 to correct for such errors and these revisions are reflected in this Form 10-Q. The Company will also correct previously reported financial information for these errors in its future filings, as applicable. A summary of the corrections to the impacted financial statement line items to the Company’s previously issued Consolidated Statements of Operations and Comprehensive Income, Consolidated Balance Sheets, Consolidated Statements of Cash Flows and Consolidated Statements of Equity for each affected period is presented in Note 9, “Revision of Previously Issued Financial Statements.”</span></div>
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>
good Numberof Executive Officers
NumberofExecutiveOfficers
2 officer
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1419000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-310000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-9063000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1385000 usd
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39917995 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39504734 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39939660 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
38723581 shares
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.23
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39917995 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39504734 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39939660 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
38723581 shares
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.23
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
CY2023Q3 good Noncontrolling Interest Ownership By Noncontrolling Owners Number Of Shares Weighted Average
NoncontrollingInterestOwnershipByNoncontrollingOwnersNumberOfSharesWeightedAverage
391468 shares
good Noncontrolling Interest Ownership By Noncontrolling Owners Number Of Shares Weighted Average
NoncontrollingInterestOwnershipByNoncontrollingOwnersNumberOfSharesWeightedAverage
391468 shares
CY2022Q3 good Noncontrolling Interest Ownership By Noncontrolling Owners Number Of Shares Weighted Average
NoncontrollingInterestOwnershipByNoncontrollingOwnersNumberOfSharesWeightedAverage
273072 shares
good Noncontrolling Interest Ownership By Noncontrolling Owners Number Of Shares Weighted Average
NoncontrollingInterestOwnershipByNoncontrollingOwnersNumberOfSharesWeightedAverage
262412 shares
CY2023Q3 us-gaap Land
Land
143815000 usd
CY2022Q4 us-gaap Land
Land
152916000 usd
CY2023Q3 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
1025384000 usd
CY2022Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
1069407000 usd
CY2023Q3 us-gaap Tenant Improvements
TenantImprovements
57262000 usd
CY2022Q4 us-gaap Tenant Improvements
TenantImprovements
64974000 usd
CY2023Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
291986000 usd
CY2022Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
286150000 usd
CY2023Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
934475000 usd
CY2022Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1001147000 usd
CY2022Q4 good Land Subjectto Land Lease Agreements Value
LandSubjecttoLandLeaseAgreementsValue
4436000 usd
CY2023Q3 good Land Subjectto Land Lease Agreements Value
LandSubjecttoLandLeaseAgreementsValue
4436000 usd
good Number Of Properties Acquired
NumberOfPropertiesAcquired
3 property
good Number Of Properties Acquired
NumberOfPropertiesAcquired
11 property
good Purchase Price Of Acquired Property
PurchasePriceOfAcquiredProperty
17539000 usd
good Purchase Price Of Acquired Property
PurchasePriceOfAcquiredProperty
98276000 usd
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
28906000 usd
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
112878000 usd
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
112342000 usd
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
106748000 usd
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
90440000 usd
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
75223000 usd
CY2023Q3 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
357055000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
98465000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
98961000 usd
good Operating Lease Cost Net Change Value
OperatingLeaseCostNetChangeValue
-496000 usd
good Operating Lease Cost Net Change Percent
OperatingLeaseCostNetChangePercent
-0.005
us-gaap Variable Lease Cost
VariableLeaseCost
13210000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
12803000 usd
good Variable Lease Cost Net Change Value
VariableLeaseCostNetChangeValue
407000 usd
good Variable Lease Cost Net Change Percent
VariableLeaseCostNetChangePercent
0.032
us-gaap Lease Cost
LeaseCost
111675000 usd
us-gaap Lease Cost
LeaseCost
111764000 usd
good Lease Cost Net Change Value
LeaseCostNetChangeValue
-89000 usd
good Lease Cost Net Change Percent
LeaseCostNetChangePercent
-0.001
CY2023Q3 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
60927000 usd
CY2023Q3 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
29113000 usd
CY2022Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
66138000 usd
CY2022Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
26141000 usd
CY2023Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3600000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
12900000 usd
CY2022Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4700000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
14500000 usd
CY2023Q3 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
1800000 usd
us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
6200000 usd
CY2022Q3 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
1500000 usd
us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
3100000 usd
us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P19Y7M6D
us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P15Y8M12D
CY2023Q3 good Number Of Existing Encumbered Properties
NumberOfExistingEncumberedProperties
131 property
CY2023Q3 us-gaap Long Term Debt
LongTermDebt
749009000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
749206000 usd
CY2023Q3 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0420
us-gaap Derivative Instruments Gain Loss Reclassification From Accumulated Oci To Income Estimated Net Amount To Be Transferred
DerivativeInstrumentsGainLossReclassificationFromAccumulatedOCIToIncomeEstimatedNetAmountToBeTransferred
6900000 usd
us-gaap Derivative Cost Of Hedge
DerivativeCostOfHedge
141000 usd
CY2023Q3 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
65000000 usd
CY2023Q3 us-gaap Interest Rate Fair Value Hedge Derivative At Fair Value Net
InterestRateFairValueHedgeDerivativeAtFairValueNet
1340000 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
CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
5089000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
6790000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
7218000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
13660000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
409000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-52000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
937000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-52000 usd
CY2023Q3 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
18355000 usd
CY2022Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
11996000 usd
CY2023Q3 us-gaap Number Of Properties Subject To Ground Leases
NumberOfPropertiesSubjectToGroundLeases
4 property
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
124000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
493000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
494000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
498000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
506000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
510000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
5790000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
8415000 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
3267000 usd
CY2023Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
5148000 usd
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P17Y10M24D
CY2023Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0533
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
176586000 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
217393000 usd
good Temporary Equity Contract Terms Trigger Change In Control Percentage
TemporaryEquityContractTermsTriggerChangeInControlPercentage
0.50
good Temporary Equity Contract Terms Trigger Change In Control Percentage
TemporaryEquityContractTermsTriggerChangeInControlPercentage
0.50
good Noncontrolling Interest Ownership By Noncontrolling Owners Number Of Shares Outstanding
NoncontrollingInterestOwnershipByNoncontrollingOwnersNumberOfSharesOutstanding
391468 shares
CY2022Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
15474000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
45279000 usd
CY2022Q3 good Operating Expenses Before Incentive Fee Credit
OperatingExpensesBeforeIncentiveFeeCredit
37158000 usd
good Operating Expenses Before Incentive Fee Credit
OperatingExpensesBeforeIncentiveFeeCredit
90539000 usd
CY2022Q3 us-gaap Operating Expenses
OperatingExpenses
37158000 usd
us-gaap Operating Expenses
OperatingExpenses
90539000 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
2787000 usd
us-gaap Profit Loss
ProfitLoss
7852000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
2791000 usd
us-gaap Net Income Loss
NetIncomeLoss
7864000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-310000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1385000 usd
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
CY2022Q3 us-gaap Profit Loss
ProfitLoss
2787000 usd
us-gaap Profit Loss
ProfitLoss
7852000 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
9581000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
21524000 usd
CY2022Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
286150000 usd
CY2022Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1001147000 usd
CY2022Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
3293000 usd
CY2022Q4 us-gaap Assets
Assets
1202633000 usd
CY2022Q4 us-gaap Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
529104000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
203904000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
205694000 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1202633000 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
217393000 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
217393000 usd
us-gaap Profit Loss
ProfitLoss
7852000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
45279000 usd
CY2023Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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