2024 Q4 Form 10-Q Financial Statement

#000171730724000038 Filed on October 29, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3 2024 Q2
Revenue $108.9M $110.6M
YoY Change -1.05% 2.39%
Cost Of Revenue $15.34M $15.15M
YoY Change 2.95% 0.32%
Gross Profit $93.61M $95.47M
YoY Change -1.67% 2.72%
Gross Profit Margin 85.92% 86.31%
Selling, General & Admin $7.237M $7.939M
YoY Change -6.01% -2.36%
% of Gross Profit 7.73% 8.32%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $41.95M $42.30M
YoY Change -2.44% -4.15%
% of Gross Profit 44.81% 44.31%
Operating Expenses $59.34M $60.57M
YoY Change -3.67% -1.61%
Operating Profit $34.27M $34.91M
YoY Change 1.99% 11.22%
Interest Expense -$70.80M -$70.70M
YoY Change -197.07% 0.92%
% of Operating Profit -206.62% -202.54%
Other Income/Expense, Net
YoY Change
Pretax Income -$36.54M -$35.79M
YoY Change -0.88% -8.88%
Income Tax $33.00K $36.00K
% Of Pretax Income
Net Earnings -$24.99M -$23.18M
YoY Change -4.3% -10.27%
Net Earnings / Revenue -22.94% -20.95%
Basic Earnings Per Share -$0.38 -$0.35
Diluted Earnings Per Share -$0.38 -$0.35
COMMON SHARES
Basic Shares Outstanding 66.14M shares 65.98M shares 65.83M shares
Diluted Shares Outstanding 65.77M shares 65.63M shares

Balance Sheet

Concept 2024 Q4 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $153.9M $146.2M
YoY Change 84.71% 103.85%
Cash & Equivalents $153.9M $146.2M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $122.7M $118.2M
Other Receivables $0.00 $0.00
Total Short-Term Assets $276.6M $264.3M
YoY Change 40.4% 44.97%
LONG-TERM ASSETS
Property, Plant & Equipment $4.688B $4.717B
YoY Change -1.72% -2.08%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $117.6M $117.5M
YoY Change -5.45% -9.01%
Other Assets $111.1M $112.4M
YoY Change -43.56% -36.1%
Total Long-Term Assets $5.178B $5.225B
YoY Change -4.77% -4.64%
TOTAL ASSETS
Total Short-Term Assets $276.6M $264.3M
Total Long-Term Assets $5.178B $5.225B
Total Assets $5.455B $5.490B
YoY Change -3.19% -3.04%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $81.17M $69.51M
YoY Change -0.04% 0.78%
Accrued Expenses $4.401M $4.512M
YoY Change -8.31% -8.72%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $91.39M $78.78M
YoY Change -0.56% -0.36%
LONG-TERM LIABILITIES
Long-Term Debt $4.305B $4.307B
YoY Change 0.03% 0.12%
Other Long-Term Liabilities $15.80M $16.69M
YoY Change -23.33% -18.38%
Total Long-Term Liabilities $4.321B $4.323B
YoY Change -0.08% 0.04%
TOTAL LIABILITIES
Total Short-Term Liabilities $91.39M $78.78M
Total Long-Term Liabilities $4.321B $4.323B
Total Liabilities $4.412B $4.402B
YoY Change -0.09% -10.49%
SHAREHOLDERS EQUITY
Retained Earnings -$62.37M -$37.38M
YoY Change -254.25% -156.17%
Common Stock $1.018B $1.018B
YoY Change 0.17% 0.18%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $585.9M $618.3M
YoY Change
Total Liabilities & Shareholders Equity $5.455B $5.490B
YoY Change -3.19% -3.04%

Cashflow Statement

Concept 2024 Q4 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income -$24.99M -$23.18M
YoY Change -4.3% -10.27%
Depreciation, Depletion And Amortization $41.95M $42.30M
YoY Change -2.44% -4.15%
Cash From Operating Activities -$35.14M $10.85M
YoY Change -1103.97% 14.64%
INVESTING ACTIVITIES
Capital Expenditures $2.536M $1.474M
YoY Change -59.75% -58.09%
Acquisitions
YoY Change
Other Investing Activities $44.11M $17.89M
YoY Change 116.23% 56.0%
Cash From Investing Activities $41.58M $16.42M
YoY Change 196.96% 106.46%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -5.625M -5.176M
YoY Change 4.17% -110.83%
NET CHANGE
Cash From Operating Activities -35.14M 10.85M
Cash From Investing Activities 41.58M 16.42M
Cash From Financing Activities -5.625M -5.176M
Net Change In Cash 811.0K 22.09M
YoY Change -93.3% -66.12%
FREE CASH FLOW
Cash From Operating Activities -$35.14M $10.85M
Capital Expenditures $2.536M $1.474M
Free Cash Flow -$37.67M $9.376M
YoY Change 1245.54% 57.66%

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CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
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OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxNoncontrollingInterest
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Noncontrolling Interest
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxNoncontrollingInterest
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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
239000 usd
CY2024Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2023Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65769000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65651000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65651000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65389000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65389000 shares
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.09
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.17
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1161779000 usd
CY2024Q1 us-gaap Profit Loss
ProfitLoss
-33902000 usd
CY2024Q1 ilpt Stock Issued During Period Value Grants Repurchases And Forfeitures
StockIssuedDuringPeriodValueGrantsRepurchasesAndForfeitures
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CY2024Q1 us-gaap Dividends Common Stock Cash
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CY2024Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2024Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
163000 usd
CY2024Q2 us-gaap Profit Loss
ProfitLoss
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CY2024Q2 ilpt Stock Issued During Period Value Grants Repurchases And Forfeitures
StockIssuedDuringPeriodValueGrantsRepurchasesAndForfeitures
915000 usd
CY2024Q2 us-gaap Dividends Common Stock Cash
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CY2024Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1087767000 usd
CY2024Q3 us-gaap Profit Loss
ProfitLoss
-35407000 usd
CY2024Q3 ilpt Stock Issued During Period Value Grants Repurchases And Forfeitures
StockIssuedDuringPeriodValueGrantsRepurchasesAndForfeitures
193000 usd
CY2024Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
659000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2024Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
163000 usd
CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1042759000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1330771000 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
-35546000 usd
CY2023Q1 ilpt Stock Issued During Period Value Grants Repurchases And Forfeitures
StockIssuedDuringPeriodValueGrantsRepurchasesAndForfeitures
384000 usd
CY2023Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
656000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1286175000 usd
CY2023Q2 us-gaap Profit Loss
ProfitLoss
-36580000 usd
CY2023Q2 ilpt Stock Issued During Period Value Grants Repurchases And Forfeitures
StockIssuedDuringPeriodValueGrantsRepurchasesAndForfeitures
554000 usd
CY2023Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
656000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
12021000 usd
CY2023Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
225000 usd
CY2023Q1 ilpt Stock Issued During Period Value Grants Repurchases And Forfeitures
StockIssuedDuringPeriodValueGrantsRepurchasesAndForfeitures
384000 usd
CY2023Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
656000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
12021000 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1261289000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
-36191000 usd
CY2023Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
656000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-6635000 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1218138000 usd
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-102788000 usd
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-108317000 usd
us-gaap Depreciation
Depreciation
94767000 usd
us-gaap Depreciation
Depreciation
93545000 usd
ilpt Amortization Of Interest Rate Caps
AmortizationOfInterestRateCaps
31726000 usd
ilpt Amortization Of Interest Rate Caps
AmortizationOfInterestRateCaps
18435000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
12580000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
20177000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
31997000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
38275000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
2329000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
1723000 usd
us-gaap Straight Line Rent
StraightLineRent
8282000 usd
us-gaap Straight Line Rent
StraightLineRent
10531000 usd
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0 usd
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
-974000 usd
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 usd
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
254000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-359000 usd
ilpt Proceeds From Derivative Instruments Investing Activities
ProceedsFromDerivativeInstrumentsInvestingActivities
52365000 usd
ilpt Proceeds From Derivative Instruments Investing Activities
ProceedsFromDerivativeInstrumentsInvestingActivities
40426000 usd
ilpt General And Administrative Expenses Paid In Common Shares
GeneralAndAdministrativeExpensesPaidInCommonShares
1709000 usd
ilpt General And Administrative Expenses Paid In Common Shares
GeneralAndAdministrativeExpensesPaidInCommonShares
1430000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
2970000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
2970000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
5232000 usd
us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
-4722000 usd
us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
-3260000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
11981000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
11459000 usd
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
9745000 usd
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
854000 usd
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
1072000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
15426000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
14063000 usd
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
6142000 usd
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
13649000 usd
us-gaap Proceeds From Real Estate And Real Estate Joint Ventures
ProceedsFromRealEstateAndRealEstateJointVentures
0 usd
us-gaap Proceeds From Real Estate And Real Estate Joint Ventures
ProceedsFromRealEstateAndRealEstateJointVentures
243000 usd
us-gaap Payments For Derivative Instrument Investing Activities
PaymentsForDerivativeInstrumentInvestingActivities
26175000 usd
us-gaap Payments For Derivative Instrument Investing Activities
PaymentsForDerivativeInstrumentInvestingActivities
0 usd
us-gaap Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
52365000 usd
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0 usd
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
4400000 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1261289000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
-36191000 usd
CY2023Q3 ilpt Stock Issued During Period Value Grants Repurchases And Forfeitures
StockIssuedDuringPeriodValueGrantsRepurchasesAndForfeitures
331000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-6635000 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1218138000 usd
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-102788000 usd
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-108317000 usd
us-gaap Depreciation
Depreciation
94767000 usd
us-gaap Depreciation
Depreciation
93545000 usd
ilpt Amortization Of Interest Rate Caps
AmortizationOfInterestRateCaps
31726000 usd
ilpt Amortization Of Interest Rate Caps
AmortizationOfInterestRateCaps
18435000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
12580000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
20177000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
31997000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
38275000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
2329000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
1723000 usd
us-gaap Straight Line Rent
StraightLineRent
8282000 usd
us-gaap Straight Line Rent
StraightLineRent
10531000 usd
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0 usd
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 usd
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
254000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-359000 usd
ilpt Proceeds From Derivative Instruments Investing Activities
ProceedsFromDerivativeInstrumentsInvestingActivities
52365000 usd
ilpt Proceeds From Derivative Instruments Investing Activities
ProceedsFromDerivativeInstrumentsInvestingActivities
40426000 usd
ilpt General And Administrative Expenses Paid In Common Shares
GeneralAndAdministrativeExpensesPaidInCommonShares
1709000 usd
ilpt General And Administrative Expenses Paid In Common Shares
GeneralAndAdministrativeExpensesPaidInCommonShares
1430000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
2970000 usd
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
2970000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
5232000 usd
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
7423000 usd
us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
-4722000 usd
us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
-3260000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
11981000 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
11459000 usd
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
12420000 usd
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
9745000 usd
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
854000 usd
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
1072000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
15426000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
14063000 usd
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
6142000 usd
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
13649000 usd
us-gaap Proceeds From Real Estate And Real Estate Joint Ventures
ProceedsFromRealEstateAndRealEstateJointVentures
0 usd
us-gaap Proceeds From Real Estate And Real Estate Joint Ventures
ProceedsFromRealEstateAndRealEstateJointVentures
243000 usd
us-gaap Payments For Derivative Instrument Investing Activities
PaymentsForDerivativeInstrumentInvestingActivities
26175000 usd
us-gaap Payments For Derivative Instrument Investing Activities
PaymentsForDerivativeInstrumentInvestingActivities
0 usd
us-gaap Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
52365000 usd
us-gaap Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
40426000 usd
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0 usd
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
4400000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
20048000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
31420000 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
91000000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
20048000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
31420000 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
13524000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
129000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1414000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
1976000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
1968000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
264931000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
222503000 usd
us-gaap Interest Paid Net
InterestPaidNet
177368000 usd
us-gaap Interest Paid Net
InterestPaidNet
218369000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
80000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-85000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1929000 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
83283000 usd
CY2024Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
111068000 usd
CY2023Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
139220000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
264931000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
222503000 usd
us-gaap Use Of Estimates
UseOfEstimates
The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect reported amounts. Actual results could differ from those estimates. Significant estimates in the condensed consolidated financial statements include purchase price allocations, useful lives of fixed assets and assessment of impairment of real estate and related intangibles.
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
13524000 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
50993000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
129000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1414000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
1976000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
1968000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
245723000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
140780000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
80000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-85000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1929000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2810000 usd
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
153863000 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
83283000 usd
CY2024Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
111068000 usd
CY2023Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
139220000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
264931000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
222503000 usd
us-gaap Use Of Estimates
UseOfEstimates
The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect reported amounts. Actual results could differ from those estimates. Significant estimates in the condensed consolidated financial statements include purchase price allocations, useful lives of fixed assets and assessment of impairment of real estate and related intangibles.
CY2024Q3 ilpt Number Of Real Estate Properties Owned
NumberOfRealEstatePropertiesOwned
411 property
CY2024Q3 us-gaap Net Rentable Area
NetRentableArea
59890000 sqft
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2024Q3 ilpt Schedule Of Capital Expenses Incurred
ScheduleOfCapitalExpensesIncurred
5637000 usd
CY2023Q3 ilpt Schedule Of Capital Expenses Incurred
ScheduleOfCapitalExpensesIncurred
5275000 usd
ilpt Schedule Of Capital Expenses Incurred
ScheduleOfCapitalExpensesIncurred
11842000 usd
ilpt Schedule Of Capital Expenses Incurred
ScheduleOfCapitalExpensesIncurred
17857000 usd
CY2024Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-10417000 usd
CY2023Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-10079000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-31220000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-31568000 usd
CY2024Q3 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
18997000 usd
CY2023Q3 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
19310000 usd
us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
60228000 usd
us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
58700000 usd
CY2024Q3 us-gaap Number Of Properties Subject To Ground Leases
NumberOfPropertiesSubjectToGroundLeases
3 property
ilpt Lessee Operating Lease Number Of Properties
LesseeOperatingLeaseNumberOfProperties
1 property
CY2024Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4308000 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
4401000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4646000 usd
CY2024Q3 ilpt Aggregate Net Book Value Of Real Estate Properties Collateralized
AggregateNetBookValueOfRealEstatePropertiesCollateralized
4647976000 usd
CY2023Q4 ilpt Aggregate Net Book Value Of Real Estate Properties Collateralized
AggregateNetBookValueOfRealEstatePropertiesCollateralized
4735716000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
20003000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
4305941000 usd
CY2024Q3 ilpt Number Of Real Estate Properties Owned
NumberOfRealEstatePropertiesOwned
411 property
CY2024Q3 us-gaap Net Rentable Area
NetRentableArea
59890000 sqft
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2024Q3 ilpt Schedule Of Capital Expenses Incurred
ScheduleOfCapitalExpensesIncurred
5637000 usd
ilpt Schedule Of Capital Expenses Incurred
ScheduleOfCapitalExpensesIncurred
11842000 usd
ilpt Schedule Of Capital Expenses Incurred
ScheduleOfCapitalExpensesIncurred
17857000 usd
CY2024Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-10417000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-31220000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-31568000 usd
CY2024Q3 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
18997000 usd
CY2023Q3 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
19310000 usd
us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
60228000 usd
us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
58700000 usd
CY2024Q3 us-gaap Number Of Properties Subject To Ground Leases
NumberOfPropertiesSubjectToGroundLeases
3 property
ilpt Lessee Operating Lease Number Of Properties
LesseeOperatingLeaseNumberOfProperties
1 property
CY2024Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4308000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4646000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
4730000 usd
CY2024Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
4312421000 usd
CY2024Q3 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.0536
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
4325944000 usd
CY2023Q4 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.0547
CY2023Q4 ilpt Aggregate Net Book Value Of Real Estate Properties Collateralized
AggregateNetBookValueOfRealEstatePropertiesCollateralized
4735716000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
20003000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
4305941000 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
1239591000 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
1418794000 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
19495000 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
20229000 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
20989000 usd
CY2024Q3 ilpt Long Term Debt Maturities Repayments Of Principal After Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFour
1593323000 usd
CY2024Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
4312421000 usd
CY2024Q3 us-gaap Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
117622000 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
19495000 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
20229000 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
20989000 usd
CY2024Q3 ilpt Long Term Debt Maturities Repayments Of Principal After Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFour
1593323000 usd
CY2024Q2 ilpt Number Of Trustees
NumberOfTrustees
7 trustee
CY2024Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.01
CY2024Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
658000 usd
CY2024Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.01
CY2024Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
659000 usd
CY2024Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.01
CY2024Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
659000 usd
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.03
CY2024Q3 dei Entity Number Of Employees
EntityNumberOfEmployees
0 employee
CY2024Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.01
CY2024Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
658000 usd
CY2024Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.01
CY2024Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
659000 usd
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.03
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
1976000 usd
CY2024Q3 dei Entity Number Of Employees
EntityNumberOfEmployees
0 employee
CY2024Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-3564000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
3428000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
5035000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
19677000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
5407000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
10063000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
20363000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
23069000 usd
CY2023Q3 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
72941000 usd
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
215558000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-3564000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
3428000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
5035000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
19677000 usd
CY2024Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
5407000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
20363000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
23069000 usd
CY2024Q3 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
73936000 usd
CY2023Q3 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
72941000 usd
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
220797000 usd
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
215558000 usd

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