$GOOD
GLADSTONE COMMERCIAL CORP

2024 Q4 Form 10-Q Financial Statement

#000123400624000015 Filed on November 04, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $39.24M
YoY Change 7.6%
Cost Of Revenue $8.109M
YoY Change -2.54%
Gross Profit $31.13M
YoY Change 10.57%
Gross Profit Margin 79.33%
Selling, General & Admin $2.941M
YoY Change 44.88%
% of Gross Profit 9.45%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $13.34M
YoY Change 6.82%
% of Gross Profit 42.86%
Operating Expenses $28.55M
YoY Change -3.52%
Operating Profit $2.580M
YoY Change -279.54%
Interest Expense -$9.299M
YoY Change -193.59%
% of Operating Profit -360.43%
Other Income/Expense, Net $1.032M
YoY Change -120.29%
Pretax Income $11.72M
YoY Change 554.8%
Income Tax
% Of Pretax Income
Net Earnings $11.68M
YoY Change 552.71%
Net Earnings / Revenue 29.76%
Basic Earnings Per Share $0.20
Diluted Earnings Per Share $0.20
COMMON SHARES
Basic Shares Outstanding 43.92M shares 42.53M shares
Diluted Shares Outstanding 42.79M shares

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $10.53M
YoY Change -42.45%
Cash & Equivalents $10.53M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $16.96M
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $27.49M
YoY Change -42.36%
LONG-TERM ASSETS
Property, Plant & Equipment $904.6M
YoY Change -3.71%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $52.27M
YoY Change 4.75%
Total Long-Term Assets $1.069B
YoY Change -4.52%
TOTAL ASSETS
Total Short-Term Assets $27.49M
Total Long-Term Assets $1.069B
Total Assets $1.096B
YoY Change -6.07%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $18.73M
YoY Change 15.61%
Accrued Expenses $4.123M
YoY Change -19.16%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $2.383M
YoY Change
Total Short-Term Liabilities $25.24M
YoY Change 18.47%
LONG-TERM LIABILITIES
Long-Term Debt $690.3M
YoY Change -7.84%
Other Long-Term Liabilities $41.73M
YoY Change -16.87%
Total Long-Term Liabilities $732.0M
YoY Change -8.41%
TOTAL LIABILITIES
Total Short-Term Liabilities $25.24M
Total Long-Term Liabilities $732.0M
Total Liabilities $757.2M
YoY Change -7.71%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $43.00K
YoY Change 10.26%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $168.9M
YoY Change
Total Liabilities & Shareholders Equity $1.096B
YoY Change -6.07%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income $11.68M
YoY Change 552.71%
Depreciation, Depletion And Amortization $13.34M
YoY Change 6.82%
Cash From Operating Activities $5.540M
YoY Change -68.88%
INVESTING ACTIVITIES
Capital Expenditures $15.40M
YoY Change 22.55%
Acquisitions
YoY Change
Other Investing Activities $18.24M
YoY Change 14.61%
Cash From Investing Activities $2.831M
YoY Change -14.98%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -8.260M
YoY Change -57.92%
NET CHANGE
Cash From Operating Activities 5.540M
Cash From Investing Activities 2.831M
Cash From Financing Activities -8.260M
Net Change In Cash 111.0K
YoY Change -92.6%
FREE CASH FLOW
Cash From Operating Activities $5.540M
Capital Expenditures $15.40M
Free Cash Flow -$9.864M
YoY Change -288.6%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
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CY2024Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
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CY2023Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
299662000 usd
CY2024Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
900558000 usd
CY2023Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
921702000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
97802000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
101048000 usd
CY2024Q3 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
16964000 usd
CY2023Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
28787000 usd
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
10531000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
11985000 usd
CY2024Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
3999000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
4150000 usd
CY2024Q3 us-gaap Escrow Deposit
EscrowDeposit
5673000 usd
CY2023Q4 us-gaap Escrow Deposit
EscrowDeposit
7515000 usd
CY2024Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4023000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4889000 usd
CY2024Q3 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
44855000 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
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CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
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CY2024Q3 us-gaap Asset Retirement Obligation
AssetRetirementObligation
5027000 usd
CY2023Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
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CY2024Q3 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
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CY2023Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
13588000 usd
CY2024Q3 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
169000 usd
CY2023Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
676000 usd
CY2024Q3 us-gaap Liabilities
Liabilities
757228000 usd
CY2023Q4 us-gaap Liabilities
Liabilities
809164000 usd
CY2024Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
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CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
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CY2024Q3 us-gaap Redeemable Noncontrolling Interest Equity Preferred Carrying Amount
RedeemableNoncontrollingInterestEquityPreferredCarryingAmount
170041000 usd
CY2023Q4 us-gaap Redeemable Noncontrolling Interest Equity Preferred Carrying Amount
RedeemableNoncontrollingInterestEquityPreferredCarryingAmount
170041000 usd
CY2024Q3 us-gaap Redeemable Noncontrolling Interest Equity Preferred Carrying Amount
RedeemableNoncontrollingInterestEquityPreferredCarryingAmount
170041000 usd
CY2023Q4 us-gaap Redeemable Noncontrolling Interest Equity Preferred Carrying Amount
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CY2023Q4 good Senior Common Stock Par Value
SeniorCommonStockParValue
0.001
CY2024Q3 good Senior Common Stock Par Value
SeniorCommonStockParValue
0.001
CY2023Q4 good Senior Common Stock Shares Authorized
SeniorCommonStockSharesAuthorized
950000 shares
CY2024Q3 good Senior Common Stock Shares Authorized
SeniorCommonStockSharesAuthorized
950000 shares
CY2024Q3 good Senior Common Stock Shares Issued
SeniorCommonStockSharesIssued
399483 shares
CY2024Q3 good Senior Common Stock Shares Outstanding
SeniorCommonStockSharesOutstanding
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CY2023Q4 good Senior Common Stock Shares Issued
SeniorCommonStockSharesIssued
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CY2024Q3 good Senior Common Stock Value Issued
SeniorCommonStockValueIssued
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CY2023Q4 good Senior Common Stock Value Issued
SeniorCommonStockValueIssued
1000 usd
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
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0.001
CY2024Q3 us-gaap Common Stock Par Or Stated Value Per Share
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CY2024Q3 us-gaap Common Stock Value
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CY2023Q4 us-gaap Common Stock Value
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PreferredStockValue
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CY2023Q4 us-gaap Preferred Stock Value
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AdditionalPaidInCapital
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CY2024Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
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CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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CY2024Q3 us-gaap Minority Interest
MinorityInterest
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us-gaap Depreciation And Amortization
DepreciationAndAmortization
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us-gaap Depreciation And Amortization
DepreciationAndAmortization
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CY2024Q3 good Property Operating Expenses
PropertyOperatingExpenses
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CY2023Q3 good Property Operating Expenses
PropertyOperatingExpenses
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good Property Operating Expenses
PropertyOperatingExpenses
18373000 usd
good Property Operating Expenses
PropertyOperatingExpenses
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CY2024Q3 us-gaap Management Fee Expense
ManagementFeeExpense
1528000 usd
CY2023Q3 us-gaap Management Fee Expense
ManagementFeeExpense
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us-gaap Management Fee Expense
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4580000 usd
us-gaap Management Fee Expense
ManagementFeeExpense
4808000 usd
CY2024Q3 us-gaap Incentive Fee Expense
IncentiveFeeExpense
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CY2023Q3 us-gaap Incentive Fee Expense
IncentiveFeeExpense
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us-gaap Incentive Fee Expense
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CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
22102
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
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dei Entity Shell Company
EntityShellCompany
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CY2024Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
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CY2024Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
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CY2023Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
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CY2024Q3 us-gaap Other Assets
OtherAssets
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CY2023Q4 us-gaap Other Assets
OtherAssets
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CY2024Q3 us-gaap Assets
Assets
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CY2023Q4 us-gaap Assets
Assets
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CY2024Q3 us-gaap Secured Long Term Debt
SecuredLongTermDebt
271621000 usd
CY2024Q3 us-gaap Line Of Credit
LineOfCredit
53250000 usd
CY2023Q4 us-gaap Line Of Credit
LineOfCredit
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CY2024Q3 us-gaap Notes Payable
NotesPayable
367776000 usd
CY2023Q4 us-gaap Accrued Rent Current And Noncurrent
AccruedRentCurrentAndNoncurrent
29324000 usd
CY2023Q4 good Senior Common Stock Shares Outstanding
SeniorCommonStockSharesOutstanding
406425 shares
CY2024Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
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CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
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CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
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CY2023Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
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CY2023Q4 us-gaap Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
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CY2023Q4 us-gaap Minority Interest
MinorityInterest
986000 usd
CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
154266000 usd
CY2024Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1096315000 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
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CY2024Q3 us-gaap Lease Income
LeaseIncome
39235000 usd
CY2023Q3 us-gaap Lease Income
LeaseIncome
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us-gaap Lease Income
LeaseIncome
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us-gaap Lease Income
LeaseIncome
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CY2024Q3 us-gaap Revenues
Revenues
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CY2023Q3 us-gaap Revenues
Revenues
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us-gaap Revenues
Revenues
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us-gaap Revenues
Revenues
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CY2024Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
13343000 usd
CY2023Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
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us-gaap Incentive Fee Expense
IncentiveFeeExpense
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us-gaap Administrative Fees Expense
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us-gaap Administrative Fees Expense
AdministrativeFeesExpense
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CY2024Q3 us-gaap Asset Impairment Charges
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us-gaap Asset Impairment Charges
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us-gaap Asset Impairment Charges
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us-gaap Net Income Loss Available To Common Stockholders Basic
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us-gaap Net Income Loss Available To Common Stockholders Basic
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us-gaap Operating Lease Cost
OperatingLeaseCost
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OperatingLeaseCostNetChangeValue
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us-gaap Variable Lease Cost
VariableLeaseCost
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VariableLeaseCostNetChangeValue
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VariableLeaseCostNetChangePercent
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us-gaap Lease Cost
LeaseCost
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LeaseCost
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LeaseCostNetChangePercent
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good Noncontrolling Interest Ownership By Noncontrolling Owners Number Of Shares Outstanding
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39474 shares
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OperatingExpensesBeforeIncentiveFeeCredit
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OperatingExpensesBeforeIncentiveFeeCredit
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CY2024Q3 good Incentive Fee Credit
IncentiveFeeCredit
396000 usd
CY2023Q3 good Incentive Fee Credit
IncentiveFeeCredit
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good Incentive Fee Credit
IncentiveFeeCredit
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CY2024Q3 us-gaap Operating Expenses
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CY2024Q3 us-gaap Stockholders Equity
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CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
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dei Entity File Number
EntityFileNumber
001-33097
dei Entity Central Index Key
EntityCentralIndexKey
0001234006
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2024
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Amendment Flag
AmendmentFlag
false
dei Document Quarterly Report
DocumentQuarterlyReport
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dei Document Period End Date
DocumentPeriodEndDate
2024-09-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity Registrant Name
EntityRegistrantName
GLADSTONE COMMERCIAL CORP
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
MD
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
02-0681276
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 100
dei Entity Address City Or Town
EntityAddressCityOrTown
McLean,
dei Entity Address State Or Province
EntityAddressStateOrProvince
VA
dei City Area Code
CityAreaCode
703
dei Local Phone Number
LocalPhoneNumber
287-5800
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
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us-gaap General And Administrative Expense
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IncentiveFeeCredit
0 usd
us-gaap Operating Expenses
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us-gaap Operating Expenses
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InterestExpenseNonoperating
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InterestExpenseNonoperating
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GainLossOnSaleOfProperties
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us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
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us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
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CY2024Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
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CY2023Q3 us-gaap Gains Losses On Extinguishment Of Debt
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0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
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us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2024Q3 us-gaap Other Nonoperating Income Expense
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us-gaap Other Nonoperating Income Expense
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us-gaap Other Nonoperating Income Expense
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CY2024Q3 us-gaap Nonoperating Income Expense
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us-gaap Nonoperating Income Expense
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us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
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CY2024Q3 us-gaap Profit Loss
ProfitLoss
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CY2023Q3 us-gaap Profit Loss
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us-gaap Profit Loss
ProfitLoss
16843000 usd
us-gaap Profit Loss
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370000 usd
CY2024Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
44000 usd
CY2023Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-78000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
1789000 usd
us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
448000 usd
CY2024Q3 us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
3106000 usd
CY2023Q3 us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
3099000 usd
us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
9334000 usd
us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
9179000 usd
CY2024Q3 good Distributions Attributable To Senior Common Stock
DistributionsAttributableToSeniorCommonStock
106000 usd
CY2023Q3 good Distributions Attributable To Senior Common Stock
DistributionsAttributableToSeniorCommonStock
108000 usd
good Distributions Attributable To Senior Common Stock
DistributionsAttributableToSeniorCommonStock
317000 usd
good Distributions Attributable To Senior Common Stock
DistributionsAttributableToSeniorCommonStock
323000 usd
CY2024Q3 good Gain Loss On Extinguishment Of Preferred Stock
GainLossOnExtinguishmentOfPreferredStock
-2000 usd
CY2023Q3 good Gain Loss On Extinguishment Of Preferred Stock
GainLossOnExtinguishmentOfPreferredStock
1000 usd
good Gain Loss On Extinguishment Of Preferred Stock
GainLossOnExtinguishmentOfPreferredStock
4000 usd
good Gain Loss On Extinguishment Of Preferred Stock
GainLossOnExtinguishmentOfPreferredStock
12000 usd
CY2024Q3 us-gaap Preferred Stock Redemption Discount
PreferredStockRedemptionDiscount
0 usd
CY2023Q3 us-gaap Preferred Stock Redemption Discount
PreferredStockRedemptionDiscount
0 usd
us-gaap Preferred Stock Redemption Discount
PreferredStockRedemptionDiscount
0 usd
us-gaap Preferred Stock Redemption Discount
PreferredStockRedemptionDiscount
3000 usd
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
8467000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1419000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
7153000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-9063000 usd
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.17
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.17
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.23
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.23
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42790685 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42790685 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39917995 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39917995 shares
CY2024Q3 good Earnings Per Weighted Average Share Of Senior Common Stock
EarningsPerWeightedAverageShareOfSeniorCommonStock
0.27
good Earnings Per Weighted Average Share Of Senior Common Stock
EarningsPerWeightedAverageShareOfSeniorCommonStock
0.79
good Earnings Per Weighted Average Share Of Senior Common Stock
EarningsPerWeightedAverageShareOfSeniorCommonStock
0.79
CY2024Q3 good Weighted Average Shares Of Senior Common Stock Outstanding Basic
WeightedAverageSharesOfSeniorCommonStockOutstandingBasic
399520 shares
CY2023Q3 good Weighted Average Shares Of Senior Common Stock Outstanding Basic
WeightedAverageSharesOfSeniorCommonStockOutstandingBasic
406425 shares
good Weighted Average Shares Of Senior Common Stock Outstanding Basic
WeightedAverageSharesOfSeniorCommonStockOutstandingBasic
401723 shares
good Weighted Average Shares Of Senior Common Stock Outstanding Basic
WeightedAverageSharesOfSeniorCommonStockOutstandingBasic
411075 shares
CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
5089000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-4568000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
7218000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-10456000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
5089000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-4568000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
7218000 usd
CY2024Q3 us-gaap Profit Loss
ProfitLoss
11721000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
1792000 usd
us-gaap Profit Loss
ProfitLoss
16843000 usd
us-gaap Profit Loss
ProfitLoss
370000 usd
CY2024Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
1265000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
6881000 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
12275000 usd
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
7588000 usd
CY2024Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
44000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
3000 usd
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
35000 usd
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-78000 usd
CY2024Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1221000 usd
CY2023Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
6878000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
12240000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
7666000 usd
us-gaap Profit Loss
ProfitLoss
16843000 usd
us-gaap Profit Loss
ProfitLoss
370000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
42683000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
44125000 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
5043000 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
13577000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
300000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
4245000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1235000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1248000 usd
good Amortization Of Deferred Rent Asset And Liability Net
AmortizationOfDeferredRentAssetAndLiabilityNet
-5164000 usd
good Amortization Of Deferred Rent Asset And Liability Net
AmortizationOfDeferredRentAssetAndLiabilityNet
-5772000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
26000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
31000 usd
good Asset Retirement Obligation Expense
AssetRetirementObligationExpense
99000 usd
good Asset Retirement Obligation Expense
AssetRetirementObligationExpense
94000 usd
good Operating Lease Right Of Use Asset And Lease Liability Amortization
OperatingLeaseRightOfUseAssetAndLeaseLiabilityAmortization
5000 usd
good Operating Lease Right Of Use Asset And Lease Liability Amortization
OperatingLeaseRightOfUseAssetAndLeaseLiabilityAmortization
20000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
64000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
5641000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-2279000 usd
us-gaap Straight Line Rent
StraightLineRent
4612000 usd
us-gaap Straight Line Rent
StraightLineRent
2524000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
2320000 usd
good Increase Decrease In Accounts Payable And Accrued Liabilities Due To Adviser And Administrator
IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesDueToAdviserAndAdministrator
507000 usd
good Increase Decrease In Accounts Payable And Accrued Liabilities Due To Adviser And Administrator
IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesDueToAdviserAndAdministrator
-804000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-2873000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-894000 usd
us-gaap Payments For Commissions
PaymentsForCommissions
4567000 usd
us-gaap Payments For Commissions
PaymentsForCommissions
1336000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
48489000 usd
good Payments To Acquire Real Estate And Intangible Assets
PaymentsToAcquireRealEstateAndIntangibleAssets
22122000 usd
good Payments To Acquire Real Estate And Intangible Assets
PaymentsToAcquireRealEstateAndIntangibleAssets
17539000 usd
good Improvements Of Existing Real Estate
ImprovementsOfExistingRealEstate
9200000 usd
good Improvements Of Existing Real Estate
ImprovementsOfExistingRealEstate
6369000 usd
us-gaap Proceeds From Sale Of Land Heldforinvestment
ProceedsFromSaleOfLandHeldforinvestment
35132000 usd
us-gaap Proceeds From Sale Of Land Heldforinvestment
ProceedsFromSaleOfLandHeldforinvestment
22174000 usd
good Receipts From Lenders For Reserves Held In Escrow
ReceiptsFromLendersForReservesHeldInEscrow
2513000 usd
good Receipts From Lenders For Reserves Held In Escrow
ReceiptsFromLendersForReservesHeldInEscrow
3662000 usd
good Payments To Lenders For Reserves Held In Escrow
PaymentsToLendersForReservesHeldInEscrow
671000 usd
good Payments To Lenders For Reserves Held In Escrow
PaymentsToLendersForReservesHeldInEscrow
3353000 usd
good Receipts From Tenants For Reserves
ReceiptsFromTenantsForReserves
793000 usd
good Receipts From Tenants For Reserves
ReceiptsFromTenantsForReserves
352000 usd
good Payments To Tenants From Reserves
PaymentsToTenantsFromReserves
-2193000 usd
good Payments To Tenants From Reserves
PaymentsToTenantsFromReserves
2165000 usd
us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
0 usd
us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
350000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
8638000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3588000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
50902000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
9775000 usd
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
737000 usd
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
500000 usd
us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
1322000 usd
us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
413000 usd
good Payments For Retirement Of Senior Common Stock
PaymentsForRetirementOfSeniorCommonStock
0 usd
good Payments For Retirement Of Senior Common Stock
PaymentsForRetirementOfSeniorCommonStock
55000 usd
us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
0 usd
us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
12000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42790685 shares
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.20
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
8467000 usd
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
8467000 usd
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42790685 shares
CY2024Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42790685 shares
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.20
CY2024Q3 good Noncontrolling Interest Ownership By Noncontrolling Owners Number Of Shares Weighted Average
NoncontrollingInterestOwnershipByNoncontrollingOwnersNumberOfSharesWeightedAverage
39474 shares
dei Document Type
DocumentType
10-Q
dei Entity Address Address Line1
EntityAddressAddressLine1
1521 Westbranch Drive,
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
155000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
11677000 usd
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.20
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.20
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41041621 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41041621 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39939660 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39939660 shares
CY2023Q3 good Earnings Per Weighted Average Share Of Senior Common Stock
EarningsPerWeightedAverageShareOfSeniorCommonStock
0.27
CY2024Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-10456000 usd
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
10554000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1372000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
34166000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
998000 usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
9000000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
43000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
375000 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
24394000 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
57637000 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
68100000 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
93100000 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
90600000 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
45400000 usd
good Increase Decrease In Security Deposit
IncreaseDecreaseInSecurityDeposit
198000 usd
good Increase Decrease In Security Deposit
IncreaseDecreaseInSecurityDeposit
141000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
46513000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
45445000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-44409000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-38819000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1605000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
6082000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
14530000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
22074000 usd
good Fixed Asset Additions Paid For By Tenant
FixedAssetAdditionsPaidForByTenant
-479000 usd
good Fixed Asset Additions Paid For By Tenant
FixedAssetAdditionsPaidForByTenant
-1312000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-4568000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
7218000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
686000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 usd
good Operating Lease Liability Incurred
OperatingLeaseLiabilityIncurred
-795000 usd
good Operating Lease Liability Incurred
OperatingLeaseLiabilityIncurred
0 usd
good Noncash Or Part Noncash Acquisition Improvements Included In Accounts Payable And Accrued Liabilities
NoncashOrPartNoncashAcquisitionImprovementsIncludedInAccountsPayableAndAccruedLiabilities
6330000 usd
good Noncash Or Part Noncash Acquisition Improvements Included In Accounts Payable And Accrued Liabilities
NoncashOrPartNoncashAcquisitionImprovementsIncludedInAccountsPayableAndAccruedLiabilities
3099000 usd
good Stock Issued For Preferred Stock Dividends
StockIssuedForPreferredStockDividends
385000 usd
good Stock Issued For Preferred Stock Dividends
StockIssuedForPreferredStockDividends
355000 usd
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
10531000 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
18263000 usd
CY2024Q3 us-gaap Restricted Cash
RestrictedCash
3999000 usd
CY2023Q3 us-gaap Restricted Cash
RestrictedCash
3811000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
14530000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
22074000 usd
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 Number Of Executive Officers Named As Related Party
NumberOfExecutiveOfficersNamedAsRelatedParty
2 officer
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
8467000 usd
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39917995 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41041621 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39939660 shares
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.17
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.23
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1419000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
7153000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-9063000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-1419000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
7153000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-9063000 usd
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39917995 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41041621 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39939660 shares
CY2023Q3 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 Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39917995 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41041621 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39939660 shares
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.17
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.23
good Noncontrolling Interest Ownership By Noncontrolling Owners Number Of Shares Weighted Average
NoncontrollingInterestOwnershipByNoncontrollingOwnersNumberOfSharesWeightedAverage
196675 shares
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
CY2024Q3 us-gaap Land
Land
139916000 usd
CY2023Q4 us-gaap Land
Land
143442000 usd
CY2024Q3 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
1019056000 usd
CY2023Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
1020661000 usd
CY2024Q3 us-gaap Tenant Improvements
TenantImprovements
55316000 usd
CY2023Q4 us-gaap Tenant Improvements
TenantImprovements
57261000 usd
CY2024Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
313730000 usd
CY2023Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
299662000 usd
CY2024Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
900558000 usd
CY2023Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
921702000 usd
CY2023Q4 good Land Subject To Land Lease Agreements Value
LandSubjectToLandLeaseAgreementsValue
2711000 usd
CY2024Q3 good Land Subject To Land Lease Agreements Value
LandSubjectToLandLeaseAgreementsValue
2711000 usd
good Number Of Properties Acquired
NumberOfPropertiesAcquired
6 property
good Number Of Properties Acquired
NumberOfPropertiesAcquired
3 property
CY2024Q2 good Number Of Properties Acquired
NumberOfPropertiesAcquired
5 property
good Purchase Price Of Acquired Property
PurchasePriceOfAcquiredProperty
22122000 usd
good Purchase Price Of Acquired Property
PurchasePriceOfAcquiredProperty
17539000 usd
CY2024Q3 us-gaap Business Combination Acquired Direct Financing Lease Receivable
BusinessCombinationAcquiredDirectFinancingLeaseReceivable
90000 usd
CY2024Q3 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
29904000 usd
CY2024Q3 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
120765000 usd
CY2024Q3 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
116612000 usd
CY2024Q3 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
102150000 usd
CY2024Q3 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
89696000 usd
CY2024Q3 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
81671000 usd
CY2024Q3 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
387395000 usd
CY2024Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
34663000 usd
CY2023Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
31945000 usd
CY2024Q3 good Operating Lease Cost Net Change Value
OperatingLeaseCostNetChangeValue
2718000 usd
CY2024Q3 good Operating Lease Cost Net Change Percent
OperatingLeaseCostNetChangePercent
0.085
CY2024Q3 us-gaap Variable Lease Cost
VariableLeaseCost
4572000 usd
CY2023Q3 us-gaap Variable Lease Cost
VariableLeaseCost
4519000 usd
CY2024Q3 good Variable Lease Cost Net Change Value
VariableLeaseCostNetChangeValue
53000 usd
CY2024Q3 good Variable Lease Cost Net Change Percent
VariableLeaseCostNetChangePercent
0.012
CY2024Q3 us-gaap Lease Cost
LeaseCost
39235000 usd
CY2023Q3 us-gaap Lease Cost
LeaseCost
36464000 usd
CY2024Q3 good Lease Cost Net Change Value
LeaseCostNetChangeValue
2771000 usd
CY2024Q3 good Lease Cost Net Change Percent
LeaseCostNetChangePercent
0.076
us-gaap Operating Lease Cost
OperatingLeaseCost
99536000 usd
CY2024Q3 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
56616000 usd
CY2024Q3 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
33017000 usd
CY2023Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
59411000 usd
CY2023Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
30087000 usd
CY2024Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3600000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
12900000 usd
CY2023Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3600000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
12900000 usd
CY2024Q3 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
1700000 usd
us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
5500000 usd
CY2023Q3 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
1800000 usd
us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
6200000 usd
us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P22Y2M12D
us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P19Y7M6D
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
CY2024Q3 good Number Of Existing Encumbered Properties
NumberOfExistingEncumberedProperties
132 property
CY2024Q3 us-gaap Long Term Debt
LongTermDebt
692647000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
738861000 usd
CY2024Q3 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0423
CY2024Q3 good Debt Instrument Interest Rate Variable Rate At Period End
DebtInstrumentInterestRateVariableRateAtPeriodEnd
0.0496
us-gaap Derivative Instruments Gain Loss Reclassification From Accumulated Oci To Income Estimated Net Amount To Be Transferred
DerivativeInstrumentsGainLossReclassificationFromAccumulatedOCIToIncomeEstimatedNetAmountToBeTransferred
1000000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-10456000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
5089000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-4568000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
7218000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
62000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
409000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
175000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
937000 usd
CY2024Q3 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
1675000 usd
CY2023Q4 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
6236000 usd
CY2024Q3 us-gaap Number Of Properties Subject To Ground Leases
NumberOfPropertiesSubjectToGroundLeases
3 property
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
115000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
457000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
460000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
467000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
470000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
470000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
3359000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
5798000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1675000 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
4123000 usd
CY2024Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P13Y4M24D
CY2024Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0530
CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
169046000 usd
CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
169046000 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
176586000 usd
good Temporary Equity Contract Terms Trigger Change In Control Percentage
TemporaryEquityContractTermsTriggerChangeInControlPercentage
0.50
CY2024Q3 good Temporary Equity Contract Terms Minimum Vote Needed To Trigger Change In Control From Tender Offer
TemporaryEquityContractTermsMinimumVoteNeededToTriggerChangeInControlFromTenderOffer
0.90
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
CY2020Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
60290000 shares
CY2023 good Noncontrolling Interest Ownership By Noncontrolling Owners Number Of Shares Outstanding
NoncontrollingInterestOwnershipByNoncontrollingOwnersNumberOfSharesOutstanding
310643 shares
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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