2023 Q2 Form 10-Q Financial Statement
#000130774823000066 Filed on May 02, 2023
Income Statement
Concept | 2023 Q2 | 2023 Q1 |
---|---|---|
Revenue | $64.69M | $65.21M |
YoY Change | 8.0% | 10.92% |
Cost Of Revenue | $18.71M | $19.86M |
YoY Change | 5.11% | 21.62% |
Gross Profit | $45.98M | $45.35M |
YoY Change | 9.23% | 6.8% |
Gross Profit Margin | 71.08% | 69.55% |
Selling, General & Admin | $8.048M | $7.731M |
YoY Change | -0.84% | -1.98% |
% of Gross Profit | 17.5% | 17.05% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $28.26M | $26.76M |
YoY Change | 16.77% | 17.21% |
% of Gross Profit | 61.47% | 59.01% |
Operating Expenses | $36.31M | $54.35M |
YoY Change | -27.55% | 15.52% |
Operating Profit | $9.668M | -$9.725M |
YoY Change | -69.93% | 333.96% |
Interest Expense | -$9.228M | $9.509M |
YoY Change | -263.88% | 97.73% |
% of Operating Profit | -95.45% | |
Other Income/Expense, Net | $644.0K | $447.0K |
YoY Change | 211.11% | -959.62% |
Pretax Income | $2.068M | $1.133M |
YoY Change | -95.07% | -88.07% |
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | $2.068M | $1.133M |
YoY Change | -95.07% | -88.07% |
Net Earnings / Revenue | 3.2% | 1.74% |
Basic Earnings Per Share | $0.03 | $0.02 |
Diluted Earnings Per Share | $0.03 | $0.02 |
COMMON SHARES | ||
Basic Shares Outstanding | 67.51M shares | 67.47M shares |
Diluted Shares Outstanding | 67.71M shares | 67.65M shares |
Balance Sheet
Concept | 2023 Q2 | 2023 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $80.75M | $69.29M |
YoY Change | -15.79% | 169.37% |
Cash & Equivalents | $80.75M | $69.29M |
Short-Term Investments | ||
Other Short-Term Assets | ||
YoY Change | ||
Inventory | ||
Prepaid Expenses | ||
Receivables | $31.86M | $30.31M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $112.6M | $99.60M |
YoY Change | -9.09% | 92.78% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $2.230B | $2.222B |
YoY Change | 6.1% | 6.42% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $3.753M | $15.71M |
YoY Change | -93.48% | -80.69% |
Other Assets | $57.70M | $55.82M |
YoY Change | 25.15% | 38.11% |
Total Long-Term Assets | $2.424B | $2.432B |
YoY Change | 5.22% | 5.62% |
TOTAL ASSETS | ||
Total Short-Term Assets | $112.6M | $99.60M |
Total Long-Term Assets | $2.424B | $2.432B |
Total Assets | $2.537B | $2.531B |
YoY Change | 4.49% | 7.53% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $39.06M | $29.47M |
YoY Change | 8.65% | 5.91% |
Accrued Expenses | ||
YoY Change | ||
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $53.62M | $44.02M |
YoY Change | 1.55% | -1.83% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $833.7M | $833.0M |
YoY Change | 18.6% | 23.68% |
Other Long-Term Liabilities | $66.55M | $68.04M |
YoY Change | 26.71% | 31.88% |
Total Long-Term Liabilities | $900.2M | $901.0M |
YoY Change | 19.17% | 24.26% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $53.62M | $44.02M |
Total Long-Term Liabilities | $900.2M | $901.0M |
Total Liabilities | $953.8M | $945.0M |
YoY Change | 18.01% | 22.74% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | ||
YoY Change | ||
Common Stock | $68.00K | $68.00K |
YoY Change | 1.49% | 1.49% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $1.583B | $1.586B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $2.537B | $2.531B |
YoY Change | 4.49% | 7.53% |
Cashflow Statement
Concept | 2023 Q2 | 2023 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $2.068M | $1.133M |
YoY Change | -95.07% | -88.07% |
Depreciation, Depletion And Amortization | $28.26M | $26.76M |
YoY Change | 16.77% | 17.21% |
Cash From Operating Activities | $47.46M | $16.03M |
YoY Change | 29.27% | -40.15% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $32.18M | $135.2M |
YoY Change | -192.45% | -198.25% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $10.74M | -$38.00K |
YoY Change | -85.74% | -642.86% |
Cash From Investing Activities | -$21.45M | -$56.36M |
YoY Change | -152.95% | -50.68% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | $13.84M | |
YoY Change | 0.25% | |
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -14.56M | -$28.14M |
YoY Change | 106.63% | -141.15% |
NET CHANGE | ||
Cash From Operating Activities | 47.46M | $16.03M |
Cash From Investing Activities | -21.45M | -$56.36M |
Cash From Financing Activities | -14.56M | -$28.14M |
Net Change In Cash | 11.46M | -$68.47M |
YoY Change | -83.67% | 257.91% |
FREE CASH FLOW | ||
Cash From Operating Activities | $47.46M | $16.03M |
Capital Expenditures | $32.18M | $135.2M |
Free Cash Flow | $15.28M | -$119.2M |
YoY Change | -78.64% | -172.49% |
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CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1603909000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1133000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
-3317000 | usd |
CY2023Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
2892000 | usd |
CY2023Q1 | us-gaap |
Dividends
Dividends
|
14548000 | usd |
CY2023Q1 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
|
2120000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
9501000 | usd |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
15406000 | usd |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
-1003000 | usd |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Investment Transferred From Available For Sale To Equity Method After Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociForInvestmentTransferredFromAvailableForSaleToEquityMethodAfterTax
|
-22000 | usd |
CY2022Q1 | us-gaap |
Dividends
Dividends
|
13828000 | usd |
CY2022Q1 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
|
550000 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1584206000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1133000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
9501000 | usd |
CY2023Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
26758000 | usd |
CY2022Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
22829000 | usd |
CY2023Q1 | us-gaap |
Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
|
-1516000 | usd |
CY2022Q1 | us-gaap |
Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
|
-2547000 | usd |
CY2023Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
854000 | usd |
CY2022Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
664000 | usd |
CY2023Q1 | us-gaap |
Straight Line Rent
StraightLineRent
|
710000 | usd |
CY2022Q1 | us-gaap |
Straight Line Rent
StraightLineRent
|
663000 | usd |
CY2023Q1 | us-gaap |
Contract With Customer Receivable Credit Loss Expense Reversal
ContractWithCustomerReceivableCreditLossExpenseReversal
|
-504000 | usd |
CY2022Q1 | us-gaap |
Contract With Customer Receivable Credit Loss Expense Reversal
ContractWithCustomerReceivableCreditLossExpenseReversal
|
-1109000 | usd |
CY2023Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | usd |
CY2022Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-96000 | usd |
CY2023Q1 | ivt |
Income Lossfrom Equity Method Investments Net
IncomeLossfromEquityMethodInvestmentsNet
|
-663000 | usd |
CY2022Q1 | ivt |
Income Lossfrom Equity Method Investments Net
IncomeLossfromEquityMethodInvestmentsNet
|
2716000 | usd |
CY2023Q1 | us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
0 | usd |
CY2022Q1 | us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
4950000 | usd |
CY2023Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1967000 | usd |
CY2022Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1082000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-5505000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-5890000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
3513000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
3487000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-14735000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-8610000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
123000 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
897000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
16025000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
26777000 | usd |
CY2023Q1 | us-gaap |
Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
|
129635000 | usd |
CY2022Q1 | us-gaap |
Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
|
130918000 | usd |
CY2023Q1 | us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
4734000 | usd |
CY2022Q1 | us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
4303000 | usd |
CY2023Q1 | us-gaap |
Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
|
809000 | usd |
CY2022Q1 | us-gaap |
Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
|
2363000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
79255000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
25300000 | usd |
CY2023Q1 | ivt |
Increase Decreasein Lease Acquisition Costsand Franchise Fees
IncreaseDecreaseinLeaseAcquisitionCostsandFranchiseFees
|
475000 | usd |
CY2022Q1 | ivt |
Increase Decreasein Lease Acquisition Costsand Franchise Fees
IncreaseDecreaseinLeaseAcquisitionCostsandFranchiseFees
|
1067000 | usd |
CY2023Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-38000 | usd |
CY2022Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
930000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-56360000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-114281000 | usd |
CY2023Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
13837000 | usd |
CY2022Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
13802000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
30000000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
105000000 | usd |
CY2023Q1 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
30000000 | usd |
CY2022Q1 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
0 | usd |
CY2023Q1 | us-gaap |
Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
|
13700000 | usd |
CY2022Q1 | us-gaap |
Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
|
22328000 | usd |
CY2023Q1 | us-gaap |
Repayments Of First Mortgage Bond
RepaymentsOfFirstMortgageBond
|
32000 | usd |
CY2022Q1 | us-gaap |
Repayments Of First Mortgage Bond
RepaymentsOfFirstMortgageBond
|
298000 | usd |
CY2023Q1 | us-gaap |
Payments Of Loan Costs
PaymentsOfLoanCosts
|
0 | usd |
CY2022Q1 | us-gaap |
Payments Of Loan Costs
PaymentsOfLoanCosts
|
90000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-567000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
-109000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-28136000 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
68373000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-68471000 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-19131000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
137762000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
44854000 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
69291000 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
25723000 | usd |
CY2023Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
11343000 | usd |
CY2022Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
3930000 | usd |
CY2023Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
3000 | usd |
CY2022Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | usd |
CY2023Q1 | ivt |
Previously Held Equity Investments In Real Estate Non Cash Activities
PreviouslyHeldEquityInvestmentsInRealEstateNonCashActivities
|
39603000 | usd |
CY2022Q1 | ivt |
Previously Held Equity Investments In Real Estate Non Cash Activities
PreviouslyHeldEquityInvestmentsInRealEstateNonCashActivities
|
0 | usd |
CY2023Q1 | ivt |
Cashor Part Noncash Distributions Payable
CashorPartNoncashDistributionsPayable
|
14548000 | usd |
CY2022Q1 | ivt |
Cashor Part Noncash Distributions Payable
CashorPartNoncashDistributionsPayable
|
13828000 | usd |
CY2023Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
3969000 | usd |
CY2022Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
1459000 | usd |
CY2023Q1 | ivt |
Noncashor Part Noncash Capitalized Costs
NoncashorPartNoncashCapitalizedCosts
|
2424000 | usd |
CY2022Q1 | ivt |
Noncashor Part Noncash Capitalized Costs
NoncashorPartNoncashCapitalizedCosts
|
1391000 | usd |
CY2023Q1 | ivt |
Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Property Plantand Equipment Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedPropertyPlantandEquipmentNet
|
181039000 | usd |
CY2022Q1 | ivt |
Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Property Plantand Equipment Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedPropertyPlantandEquipmentNet
|
176623000 | usd |
CY2023Q1 | ivt |
Acquisition Accounts Receivable Acquired Lease Intangiblesand Deferred Costsand Other Assets
AcquisitionAccountsReceivableAcquiredLeaseIntangiblesandDeferredCostsandOtherAssets
|
49322000 | usd |
CY2022Q1 | ivt |
Acquisition Accounts Receivable Acquired Lease Intangiblesand Deferred Costsand Other Assets
AcquisitionAccountsReceivableAcquiredLeaseIntangiblesandDeferredCostsandOtherAssets
|
17022000 | usd |
CY2023Q1 | ivt |
Acquisition Accounts Payable Acquired Lease Intangiblesand Other Liabilities
AcquisitionAccountsPayableAcquiredLeaseIntangiblesandOtherLiabilities
|
8950000 | usd |
CY2022Q1 | ivt |
Acquisition Accounts Payable Acquired Lease Intangiblesand Other Liabilities
AcquisitionAccountsPayableAcquiredLeaseIntangiblesandOtherLiabilities
|
5227000 | usd |
CY2023Q1 | ivt |
Noncash Or Part Noncash Acquisition Debt Assumed Fair Value
NoncashOrPartNoncashAcquisitionDebtAssumedFairValue
|
91776000 | usd |
CY2022Q1 | ivt |
Noncash Or Part Noncash Acquisition Debt Assumed Fair Value
NoncashOrPartNoncashAcquisitionDebtAssumedFairValue
|
57500000 | usd |
CY2023Q1 | ivt |
Cash Outflowfor Purchaseof Investment Properties
CashOutflowforPurchaseofInvestmentProperties
|
129635000 | usd |
CY2022Q1 | ivt |
Cash Outflowfor Purchaseof Investment Properties
CashOutflowforPurchaseofInvestmentProperties
|
130918000 | usd |
CY2023Q1 | us-gaap |
Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
|
92468000 | usd |
CY2022Q1 | us-gaap |
Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
|
57500000 | usd |
CY2023Q1 | ivt |
Asset Acquisition Transaction Costs Capitalized Duringthe Period
AssetAcquisitionTransactionCostsCapitalizedDuringthePeriod
|
78000 | usd |
CY2022Q1 | ivt |
Asset Acquisition Transaction Costs Capitalized Duringthe Period
AssetAcquisitionTransactionCostsCapitalizedDuringthePeriod
|
814000 | usd |
CY2023Q1 | ivt |
Creditsand Other Changesin Cash Outflow Net
CreditsandOtherChangesinCashOutflowNet
|
-425000 | usd |
CY2022Q1 | ivt |
Creditsand Other Changesin Cash Outflow Net
CreditsandOtherChangesinCashOutflowNet
|
1736000 | usd |
CY2023Q1 | us-gaap |
Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
|
221600000 | usd |
CY2022Q1 | us-gaap |
Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
|
189340000 | usd |
CY2023Q1 | ivt |
Number Of Equity Method Investments
NumberOfEquityMethodInvestments
|
1 | unconsolidated_entity |
CY2022Q1 | ivt |
Provision For Uncollectible Straight Line Rent
ProvisionForUncollectibleStraightLineRent
|
-494000 | usd |
CY2023Q1 | ivt |
Provision For Uncollectible Straight Line Rent
ProvisionForUncollectibleStraightLineRent
|
-199000 | usd |
CY2023Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
|
139482000 | usd |
CY2023Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
|
175355000 | usd |
CY2023Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
|
157378000 | usd |
CY2023Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
|
137903000 | usd |
CY2023Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
|
104376000 | usd |
CY2023Q1 | ivt |
Lessor Operating Lease Paymentstobe Received After Year Four
LessorOperatingLeasePaymentstobeReceivedAfterYearFour
|
358094000 | usd |
CY2023Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
|
1072588000 | usd |
CY2023Q1 | us-gaap |
Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
|
40476000 | usd |
CY2022Q1 | us-gaap |
Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
|
35048000 | usd |
CY2023Q1 | ivt |
Provision For Uncollectible Billed Rent And Recoveries
ProvisionForUncollectibleBilledRentAndRecoveries
|
285000 | usd |
CY2022Q1 | ivt |
Provision For Uncollectible Billed Rent And Recoveries
ProvisionForUncollectibleBilledRentAndRecoveries
|
236000 | usd |
CY2023Q1 | us-gaap |
Lease Income
LeaseIncome
|
64830000 | usd |
CY2022Q1 | us-gaap |
Lease Income
LeaseIncome
|
57768000 | usd |
CY2023Q1 | ivt |
Asset Acquisition Transaction Costs Capitalized Duringthe Period
AssetAcquisitionTransactionCostsCapitalizedDuringthePeriod
|
78000 | usd |
CY2022Q1 | ivt |
Asset Acquisition Transaction Costs Capitalized Duringthe Period
AssetAcquisitionTransactionCostsCapitalizedDuringthePeriod
|
814000 | usd |
CY2022Q1 | ivt |
Disposal Group Not Discontinued Operation Number Of Properties Disposed Of
DisposalGroupNotDiscontinuedOperationNumberOfPropertiesDisposedOf
|
0 | property |
CY2023Q1 | ivt |
Disposal Group Not Discontinued Operation Number Of Properties Disposed Of
DisposalGroupNotDiscontinuedOperationNumberOfPropertiesDisposedOf
|
0 | property |
CY2023Q1 | us-gaap |
Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
|
24900000 | usd |
CY2023Q1 | us-gaap |
Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
|
1400000 | usd |
CY2021Q3 | ivt |
Number Of Tranches
NumberOfTranches
|
2 | tranche |
CY2023Q1 | us-gaap |
Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
|
11281000 | usd |
CY2023Q1 | ivt |
Number Of Interest Rate Forward Swaps
NumberOfInterestRateForwardSwaps
|
4 | interest_rate_swap |
CY2023Q1 | ivt |
Number Of Interest Rate Forward Swaps
NumberOfInterestRateForwardSwaps
|
4 | interest_rate_swap |
CY2023Q1 | ivt |
Number Of Interest Rate Forward Swaps
NumberOfInterestRateForwardSwaps
|
1 | interest_rate_swap |
CY2023Q1 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.0400 | |
CY2023Q1 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
838548000 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.0408 | |
CY2022Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
759812000 | usd |
CY2023Q1 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
5562000 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
5261000 | usd |
CY2023Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
832986000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
754551000 | usd |
CY2023Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
26000000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1133000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
9501000 | usd |
CY2023Q1 | us-gaap |
Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
|
0 | usd |
CY2022Q1 | us-gaap |
Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
|
0 | usd |
CY2023Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
1133000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
1133000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
9501000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
9501000 | usd |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
67508641 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
67354717 | shares |
CY2023Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
145883 | shares |
CY2022Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
221321 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
67654524 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
67576038 | shares |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.02 | |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.14 | |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.02 | |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.14 | |
CY2022Q1 | us-gaap |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
150000000 | usd |
CY2023Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
16181000 | usd |
CY2023Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1967000 | usd |
CY2022Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1082000 | usd |
CY2023Q1 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
513000 | usd |
CY2023Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
628000 | usd |
CY2023Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
511000 | usd |
CY2023Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
517000 | usd |
CY2023Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
529000 | usd |
CY2023Q1 | ivt |
Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
|
1308000 | usd |
CY2023Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
4006000 | usd |
CY2023Q1 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
755000 | usd |
CY2023Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
3251000 | usd |