2016 Q3 Form 10-Q Financial Statement
#000149524016000002 Filed on August 02, 2016
Income Statement
Concept | 2016 Q3 | 2016 Q2 | 2015 Q2 |
---|---|---|---|
Revenue | $4.469M | $4.244M | $2.784M |
YoY Change | 44.93% | 52.45% | 77.78% |
Cost Of Revenue | $550.0K | $540.0K | $480.0K |
YoY Change | 0.0% | 12.5% | -60.28% |
Gross Profit | $3.920M | $3.700M | $2.300M |
YoY Change | 54.94% | 60.87% | 543.4% |
Gross Profit Margin | 87.72% | 87.18% | 82.62% |
Selling, General & Admin | $560.0K | $750.0K | $510.0K |
YoY Change | 12.0% | 47.06% | 34.21% |
% of Gross Profit | 14.29% | 20.27% | 22.17% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $1.432M | $1.335M | $711.8K |
YoY Change | 76.91% | 87.55% | 115.38% |
% of Gross Profit | 36.53% | 36.08% | 30.95% |
Operating Expenses | $2.663M | $2.650M | $1.889M |
YoY Change | 39.01% | 40.29% | 56.33% |
Operating Profit | $1.806M | $1.594M | $894.7K |
YoY Change | 54.67% | 78.17% | 150.27% |
Interest Expense | $1.554M | $1.487M | $947.4K |
YoY Change | 46.0% | 56.96% | 133.46% |
% of Operating Profit | 86.05% | 93.29% | 105.89% |
Other Income/Expense, Net | -$1.771M | -$1.478M | -$925.0K |
YoY Change | 84.24% | 59.79% | 41.88% |
Pretax Income | $34.60K | $115.9K | -$30.29K |
YoY Change | -83.24% | -482.52% | -89.71% |
Income Tax | $0.00 | ||
% Of Pretax Income | |||
Net Earnings | $32.00K | $108.0K | -$30.29K |
YoY Change | -84.5% | -456.57% | -89.94% |
Net Earnings / Revenue | 0.72% | 2.54% | -1.09% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | $2.994K | $11.01K | -$3.052K |
COMMON SHARES | |||
Basic Shares Outstanding | 10.02M shares | 9.993M shares | 7.754M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2016 Q3 | 2016 Q2 | 2015 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $2.400M | $2.100M | $3.200M |
YoY Change | -11.11% | -34.38% | -15.79% |
Cash & Equivalents | $2.397M | $2.077M | $3.159M |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $2.400M | $2.100M | $3.200M |
YoY Change | -11.11% | -34.38% | -15.79% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $309.2M | $268.6M | $180.5M |
YoY Change | 46.4% | 48.81% | 107.95% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $100.0K | $100.0K | $1.300M |
YoY Change | -92.86% | -92.31% | 30.0% |
Total Long-Term Assets | $313.9M | $273.1M | $186.0M |
YoY Change | 45.0% | 46.81% | 106.75% |
TOTAL ASSETS | |||
Total Short-Term Assets | $2.400M | $2.100M | $3.200M |
Total Long-Term Assets | $313.9M | $273.1M | $186.0M |
Total Assets | $316.3M | $275.2M | $189.2M |
YoY Change | 44.31% | 45.43% | 101.78% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $2.200M | $3.900M | $2.900M |
YoY Change | -18.52% | 34.48% | 314.29% |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $2.800M | $4.600M | $3.500M |
YoY Change | -12.5% | 31.43% | 250.0% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $218.0M | $180.5M | $110.5M |
YoY Change | 55.6% | 63.35% | 149.44% |
Other Long-Term Liabilities | $8.900M | $7.800M | $3.300M |
YoY Change | 85.42% | 136.36% | 135.71% |
Total Long-Term Liabilities | $226.9M | $188.3M | $113.8M |
YoY Change | 56.59% | 65.47% | 149.02% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $2.800M | $4.600M | $3.500M |
Total Long-Term Liabilities | $226.9M | $188.3M | $113.8M |
Total Liabilities | $229.8M | $193.0M | $117.3M |
YoY Change | 55.06% | 64.48% | 151.13% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$12.20M | -$10.99M | -$7.257M |
YoY Change | 49.88% | 51.42% | 69.7% |
Common Stock | $89.39M | $87.50M | $79.16M |
YoY Change | 12.92% | 10.55% | 1212112.43% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $77.19M | $76.52M | $71.90M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $316.3M | $275.2M | $189.2M |
YoY Change | 44.31% | 45.43% | 101.78% |
Cashflow Statement
Concept | 2016 Q3 | 2016 Q2 | 2015 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $32.00K | $108.0K | -$30.29K |
YoY Change | -84.5% | -456.57% | -89.94% |
Depreciation, Depletion And Amortization | $1.432M | $1.335M | $711.8K |
YoY Change | 76.91% | 87.55% | 115.38% |
Cash From Operating Activities | $940.0K | $2.740M | $1.340M |
YoY Change | -65.06% | 104.48% | 282.86% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$37.04M | -$21.33M | -$16.60M |
YoY Change | 19.25% | 28.49% | 39.73% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$90.00K | -$150.0K | -$530.0K |
YoY Change | -75.68% | -71.7% | 253.33% |
Cash From Investing Activities | -$37.13M | -$21.48M | -$17.13M |
YoY Change | 18.1% | 25.39% | 42.39% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 36.50M | 18.63M | 16.77M |
YoY Change | 29.07% | 11.09% | 751.27% |
NET CHANGE | |||
Cash From Operating Activities | 940.0K | 2.740M | 1.340M |
Cash From Investing Activities | -37.13M | -21.48M | -17.13M |
Cash From Financing Activities | 36.50M | 18.63M | 16.77M |
Net Change In Cash | 310.0K | -110.0K | 980.0K |
YoY Change | -165.96% | -111.22% | -110.09% |
FREE CASH FLOW | |||
Cash From Operating Activities | $940.0K | $2.740M | $1.340M |
Capital Expenditures | -$37.04M | -$21.33M | -$16.60M |
Free Cash Flow | $37.98M | $24.07M | $17.94M |
YoY Change | 12.53% | 34.17% | 46.69% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
us-gaap |
Below Market Lease Period Increase Decrease
BelowMarketLeasePeriodIncreaseDecrease
|
14662 | USD | |
land |
Related Party Transaction Net Incentive Fees Paid And Credits Received
RelatedPartyTransactionNetIncentiveFeesPaidAndCreditsReceived
|
303235 | USD | |
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2016 | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2016-06-30 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001495240 | ||
CY2016Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
10024875 | shares |
dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
GLADSTONE LAND Corp | ||
dei |
Trading Symbol
TradingSymbol
|
LAND | ||
land |
Additions To Real Estate Included In Accounts Payable And Accrued Expenses And Contingent Consideration Owed
AdditionsToRealEstateIncludedInAccountsPayableAndAccruedExpensesAndContingentConsiderationOwed
|
1421863 | USD | |
land |
Additions To Real Estate Included In Accounts Payable And Accrued Expenses And Contingent Consideration Owed
AdditionsToRealEstateIncludedInAccountsPayableAndAccruedExpensesAndContingentConsiderationOwed
|
1485479 | USD | |
CY2015Q2 | land |
Administration Fee
AdministrationFee
|
177852 | USD |
land |
Administration Fee
AdministrationFee
|
308788 | USD | |
CY2016Q2 | land |
Administration Fee
AdministrationFee
|
179377 | USD |
land |
Administration Fee
AdministrationFee
|
391237 | USD | |
CY2015Q4 | land |
Administrative Fee Due To Administrator
AdministrativeFeeDueToAdministrator
|
190080 | USD |
CY2016Q2 | land |
Administrative Fee Due To Administrator
AdministrativeFeeDueToAdministrator
|
179377 | USD |
CY2015Q2 | land |
Amortization Of Above Market Lease
AmortizationOfAboveMarketLease
|
5395 | USD |
land |
Amortization Of Above Market Lease
AmortizationOfAboveMarketLease
|
10790 | USD | |
CY2016Q2 | land |
Amortization Of Above Market Lease
AmortizationOfAboveMarketLease
|
1627 | USD |
land |
Amortization Of Above Market Lease
AmortizationOfAboveMarketLease
|
3255 | USD | |
land |
Amortization Of Deferred Rent Asset And Liability Net
AmortizationOfDeferredRentAssetAndLiabilityNet
|
-125739 | USD | |
land |
Amortization Of Deferred Rent Asset And Liability Net
AmortizationOfDeferredRentAssetAndLiabilityNet
|
-84813 | USD | |
CY2015Q2 | land |
Business Acquisition Pro Forma Earnings Per Share Basic And Diluted
BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted
|
-0.03 | |
land |
Business Acquisition Pro Forma Earnings Per Share Basic And Diluted
BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted
|
0.06 | ||
CY2016Q2 | land |
Business Acquisition Pro Forma Earnings Per Share Basic And Diluted
BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted
|
0.01 | |
land |
Business Acquisition Pro Forma Earnings Per Share Basic And Diluted
BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted
|
0.01 | ||
CY2015Q2 | land |
Business Acquisition Pro Forma Weighted Average Number Of Common Shares Outstanding Basic And Diluted
BusinessAcquisitionProFormaWeightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted
|
9060314 | shares |
land |
Business Acquisition Pro Forma Weighted Average Number Of Common Shares Outstanding Basic And Diluted
BusinessAcquisitionProFormaWeightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted
|
9060314 | shares | |
CY2016Q2 | land |
Business Acquisition Pro Forma Weighted Average Number Of Common Shares Outstanding Basic And Diluted
BusinessAcquisitionProFormaWeightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted
|
9992941 | shares |
land |
Business Acquisition Pro Forma Weighted Average Number Of Common Shares Outstanding Basic And Diluted
BusinessAcquisitionProFormaWeightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted
|
9992941 | shares | |
land |
Common Stock Offering And Operating Partnership Unit Issuance Costs Included In Accounts Payable And Accrued Expenses
CommonStockOfferingAndOperatingPartnershipUnitIssuanceCostsIncludedInAccountsPayableAndAccruedExpenses
|
259776 | USD | |
land |
Common Stock Offering And Operating Partnership Unit Issuance Costs Included In Accounts Payable And Accrued Expenses
CommonStockOfferingAndOperatingPartnershipUnitIssuanceCostsIncludedInAccountsPayableAndAccruedExpenses
|
13598 | USD | |
CY2015Q2 | land |
Credits To Fees From Adviser
CreditsToFeesFromAdviser
|
0 | USD |
land |
Credits To Fees From Adviser
CreditsToFeesFromAdviser
|
320905 | USD | |
CY2016Q2 | land |
Credits To Fees From Adviser
CreditsToFeesFromAdviser
|
0 | USD |
land |
Credits To Fees From Adviser
CreditsToFeesFromAdviser
|
0 | USD | |
CY2015Q2 | land |
Debt Instrument Weighted Average Interest Rate
DebtInstrumentWeightedAverageInterestRate
|
0.0357 | |
land |
Debt Instrument Weighted Average Interest Rate
DebtInstrumentWeightedAverageInterestRate
|
0.0356 | ||
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.00 | ||
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.03 | ||
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.24375 | ||
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-132741 | USD | |
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
0 | USD | |
CY2016Q2 | land |
Debt Instrument Weighted Average Interest Rate
DebtInstrumentWeightedAverageInterestRate
|
0.0325 | |
land |
Debt Instrument Weighted Average Interest Rate
DebtInstrumentWeightedAverageInterestRate
|
0.0327 | ||
CY2015Q4 | land |
Debt Issuance Costs Lineof Credit Arrangements Net
DebtIssuanceCostsLineofCreditArrangementsNet
|
132495 | USD |
CY2016Q2 | land |
Debt Issuance Costs Lineof Credit Arrangements Net
DebtIssuanceCostsLineofCreditArrangementsNet
|
124410 | USD |
CY2015Q4 | land |
Due To From Adviser
DueToFromAdviser
|
375513 | USD |
CY2016Q2 | land |
Due To From Adviser
DueToFromAdviser
|
556744 | USD |
CY2016Q2 | land |
Farmable Area Of Land
FarmableAreaOfLand
|
18395 | acre |
CY2015Q4 | land |
Fee Due To Administrator
FeeDueToAdministrator
|
190080 | USD |
CY2016Q2 | land |
Fee Due To Administrator
FeeDueToAdministrator
|
179377 | USD |
land |
Financing Fees Included In Accounts Payable And Accrued Liabilities
FinancingFeesIncludedInAccountsPayableAndAccruedLiabilities
|
14382 | USD | |
land |
Financing Fees Included In Accounts Payable And Accrued Liabilities
FinancingFeesIncludedInAccountsPayableAndAccruedLiabilities
|
7912 | USD | |
CY2015Q2 | land |
Gain Loss On Business Interruption Insurance Recovery
GainLossOnBusinessInterruptionInsuranceRecovery
|
20809 | USD |
land |
Gain Loss On Business Interruption Insurance Recovery
GainLossOnBusinessInterruptionInsuranceRecovery
|
20809 | USD | |
CY2016Q2 | land |
Gain Loss On Business Interruption Insurance Recovery
GainLossOnBusinessInterruptionInsuranceRecovery
|
0 | USD |
land |
Gain Loss On Business Interruption Insurance Recovery
GainLossOnBusinessInterruptionInsuranceRecovery
|
0 | USD | |
CY2015Q4 | land |
Incentive Feedueto Advisor
IncentiveFeeduetoAdvisor
|
0 | USD |
CY2016Q2 | land |
Incentive Feedueto Advisor
IncentiveFeeduetoAdvisor
|
158877 | USD |
land |
Insurance Proceeds Received Capitalized As Real Estate Asset Additions
InsuranceProceedsReceivedCapitalizedAsRealEstateAssetAdditions
|
20809 | USD | |
land |
Insurance Proceeds Received Capitalized As Real Estate Asset Additions
InsuranceProceedsReceivedCapitalizedAsRealEstateAssetAdditions
|
0 | USD | |
CY2015Q4 | land |
Irrigation Equipment System
IrrigationEquipmentSystem
|
21849508 | USD |
CY2016Q2 | land |
Irrigation Equipment System
IrrigationEquipmentSystem
|
30615816 | USD |
CY2015Q4 | land |
Management Fee Due To Advisor
ManagementFeeDueToAdvisor
|
362373 | USD |
CY2016Q2 | land |
Management Fee Due To Advisor
ManagementFeeDueToAdvisor
|
385586 | USD |
land |
Number Of Farms Acquired
NumberOfFarmsAcquired
|
4 | Farm | |
land |
Number Of Farms Acquired
NumberOfFarmsAcquired
|
3 | Farm | |
land |
Number Of Real Estate Farms
NumberOfRealEstateFarms
|
36 | Farm | |
land |
Number Of Real Estate Farms
NumberOfRealEstateFarms
|
47 | Farm | |
land |
Numberof Executive Officers That Serve As Directors
NumberofExecutiveOfficersThatServeAsDirectors
|
2 | officer | |
land |
Numberof Tenants Lease Properties
NumberofTenantsLeaseProperties
|
35 | Farm | |
CY2015Q2 | land |
Operating Expenses Before Credit To Incentive Fee
OperatingExpensesBeforeCreditToIncentiveFee
|
1889182 | USD |
land |
Operating Expenses Before Credit To Incentive Fee
OperatingExpensesBeforeCreditToIncentiveFee
|
3881298 | USD | |
CY2016Q2 | land |
Operating Expenses Before Credit To Incentive Fee
OperatingExpensesBeforeCreditToIncentiveFee
|
2650404 | USD |
land |
Operating Expenses Before Credit To Incentive Fee
OperatingExpensesBeforeCreditToIncentiveFee
|
4932881 | USD | |
CY2015Q2 | land |
Operating Expenses Net Of Credit To Incentive Fee
OperatingExpensesNetOfCreditToIncentiveFee
|
1889182 | USD |
land |
Operating Expenses Net Of Credit To Incentive Fee
OperatingExpensesNetOfCreditToIncentiveFee
|
3560393 | USD | |
CY2016Q2 | land |
Operating Expenses Net Of Credit To Incentive Fee
OperatingExpensesNetOfCreditToIncentiveFee
|
2650404 | USD |
land |
Operating Expenses Net Of Credit To Incentive Fee
OperatingExpensesNetOfCreditToIncentiveFee
|
4932881 | USD | |
land |
Operating Partnership Units Held Outside
OperatingPartnershipUnitsHeldOutside
|
745879 | shares | |
CY2015Q4 | land |
Operating Partnership Units Outstanding
OperatingPartnershipUnitsOutstanding
|
491788 | shares |
CY2015Q4 | land |
Other Due To Advisor
OtherDueToAdvisor
|
13140 | USD |
CY2016Q2 | land |
Other Due To Advisor
OtherDueToAdvisor
|
12281 | USD |
land |
Percentage Of Area Of Land
PercentageOfAreaOfLand
|
1.000 | ||
land |
Percentage Of Area Of Land
PercentageOfAreaOfLand
|
1.000 | ||
land |
Percentage Of Rental Revenue
PercentageOfRentalRevenue
|
1.000 | ||
land |
Percentage Of Rental Revenue
PercentageOfRentalRevenue
|
1.000 | ||
land |
Proceeds From Refund On Deposits
ProceedsFromRefundOnDeposits
|
100000 | USD | |
land |
Proceeds From Refund On Deposits
ProceedsFromRefundOnDeposits
|
200000 | USD | |
CY2015Q2 | land |
Property Operating Expenses
PropertyOperatingExpenses
|
156405 | USD |
land |
Property Operating Expenses
PropertyOperatingExpenses
|
362170 | USD | |
CY2016Q2 | land |
Property Operating Expenses
PropertyOperatingExpenses
|
158578 | USD |
land |
Property Operating Expenses
PropertyOperatingExpenses
|
338781 | USD | |
land |
Real Estate Additions Included In Other Liabilities
RealEstateAdditionsIncludedInOtherLiabilities
|
0 | USD | |
land |
Real Estate Additions Included In Other Liabilities
RealEstateAdditionsIncludedInOtherLiabilities
|
623808 | USD | |
land |
Real Estate Additions Removed In Other Liabilities
RealEstateAdditionsRemovedInOtherLiabilities
|
0 | USD | |
land |
Real Estate Additions Removed In Other Liabilities
RealEstateAdditionsRemovedInOtherLiabilities
|
700000 | USD | |
CY2015Q4 | land |
Real Estate And Accumulated Depreciation Carrying Amount Of Horticulture
RealEstateAndAccumulatedDepreciationCarryingAmountOfHorticulture
|
1490695 | USD |
CY2016Q2 | land |
Real Estate And Accumulated Depreciation Carrying Amount Of Horticulture
RealEstateAndAccumulatedDepreciationCarryingAmountOfHorticulture
|
13679327 | USD |
CY2015Q4 | land |
Real Estate Other Site Improvements
RealEstateOtherSiteImprovements
|
1872606 | USD |
CY2016Q2 | land |
Real Estate Other Site Improvements
RealEstateOtherSiteImprovements
|
4575516 | USD |
CY2015Q2 | land |
Related Party Transaction Credit From Voluntary Irrevocable
RelatedPartyTransactionCreditFromVoluntaryIrrevocable
|
0 | USD |
land |
Related Party Transaction Credit From Voluntary Irrevocable
RelatedPartyTransactionCreditFromVoluntaryIrrevocable
|
320905 | USD | |
CY2016Q2 | land |
Related Party Transaction Credit From Voluntary Irrevocable
RelatedPartyTransactionCreditFromVoluntaryIrrevocable
|
0 | USD |
land |
Related Party Transaction Credit From Voluntary Irrevocable
RelatedPartyTransactionCreditFromVoluntaryIrrevocable
|
0 | USD | |
CY2015Q2 | land |
Related Party Transaction Net Incentive Fees Paid And Credits Received
RelatedPartyTransactionNetIncentiveFeesPaidAndCreditsReceived
|
328392 | USD |
CY2016Q2 | land |
Related Party Transaction Net Incentive Fees Paid And Credits Received
RelatedPartyTransactionNetIncentiveFeesPaidAndCreditsReceived
|
544463 | USD |
land |
Related Party Transaction Net Incentive Fees Paid And Credits Received
RelatedPartyTransactionNetIncentiveFeesPaidAndCreditsReceived
|
931617 | USD | |
CY2016Q2 | land |
Sec Schedule Iii Real Estate Investment Property Including Intangible Assets Net
SecScheduleIiiRealEstateInvestmentPropertyIncludingIntangibleAssetsNet
|
268725765 | USD |
CY2015Q2 | land |
Tenant Improvements Depreciationand Rental Revenue
TenantImprovementsDepreciationandRentalRevenue
|
10825 | USD |
land |
Tenant Improvements Depreciationand Rental Revenue
TenantImprovementsDepreciationandRentalRevenue
|
9021 | USD | |
CY2016Q2 | land |
Tenant Improvements Depreciationand Rental Revenue
TenantImprovementsDepreciationandRentalRevenue
|
30753 | USD |
land |
Tenant Improvements Depreciationand Rental Revenue
TenantImprovementsDepreciationandRentalRevenue
|
61537 | USD | |
CY2016Q2 | land |
Weighted Average Number Of Operating Partnership Units Held By Noncontrolling Interest
WeightedAverageNumberOfOperatingPartnershipUnitsHeldByNoncontrollingInterest
|
745879 | shares |
CY2015Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
3495339 | USD |
CY2016Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
3945411 | USD |
us-gaap |
Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
|
P6Y3M18D | ||
us-gaap |
Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
|
P5Y1M6D | ||
CY2015Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
86892095 | USD |
CY2016Q2 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
87494872 | USD |
us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
29367 | USD | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
43927 | USD | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
69726 | USD | |
CY2015Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
172678 | USD |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
451796 | USD | |
CY2016Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
198135 | USD |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
374861 | USD | |
CY2015Q2 | us-gaap |
Area Of Real Estate Property
AreaOfRealEstateProperty
|
11467 | acre |
CY2016Q2 | us-gaap |
Area Of Real Estate Property
AreaOfRealEstateProperty
|
23456 | acre |
CY2015Q4 | us-gaap |
Assets
Assets
|
228684025 | USD |
CY2016Q2 | us-gaap |
Assets
Assets
|
275185109 | USD |
CY2015Q2 | us-gaap |
Below Market Lease Period Increase Decrease
BelowMarketLeasePeriodIncreaseDecrease
|
52590 | USD |
us-gaap |
Below Market Lease Period Increase Decrease
BelowMarketLeasePeriodIncreaseDecrease
|
107733 | USD | |
CY2016Q2 | us-gaap |
Below Market Lease Period Increase Decrease
BelowMarketLeasePeriodIncreaseDecrease
|
7331 | USD |
CY2015Q2 | us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
-293259 | USD |
us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
517789 | USD | |
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.225 | ||
CY2016Q2 | us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
92512 | USD |
us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
101372 | USD | |
CY2015Q2 | us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
2834979 | USD |
us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
5629607 | USD | |
CY2016Q2 | us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
4244441 | USD |
us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
7927117 | USD | |
CY2015Q2 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
178016 | USD |
us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
348697 | USD | |
CY2016Q2 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
24648 | USD |
us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
119872 | USD | |
us-gaap |
Business Combination Consideration Transferred Equity Interests Issued And Issuable
BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable
|
0 | USD | |
us-gaap |
Business Combination Consideration Transferred Equity Interests Issued And Issuable
BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable
|
6451853 | USD | |
CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2619342 | USD |
CY2015Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
3158707 | USD |
CY2015Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2532522 | USD |
CY2016Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2077250 | USD |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
539365 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-455272 | USD | |
CY2015Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2016Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2015Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2016Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2015Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
20000000 | shares |
CY2016Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
20000000 | shares |
CY2015Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
9992941 | shares |
CY2016Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
9992941 | shares |
CY2015Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
9992941 | shares |
CY2016Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
9992941 | shares |
CY2015Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
9993 | USD |
CY2016Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
9993 | USD |
CY2015Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
142733157 | USD |
CY2016Q2 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
181526562 | USD |
CY2015Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
0 | USD |
CY2015Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
711803 | USD |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1503435 | USD | |
CY2016Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1334973 | USD |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
2311683 | USD | |
us-gaap |
Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
|
0 | USD | |
us-gaap |
Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
|
122137 | USD | |
CY2015 | us-gaap |
Dividends
Dividends
|
4059179 | USD |
us-gaap |
Dividends
Dividends
|
2557916 | USD | |
CY2015Q4 | us-gaap |
Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
|
565593 | USD |
CY2016Q2 | us-gaap |
Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
|
736121 | USD |
CY2015Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.00 | |
CY2016Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.01 | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
36098060 | USD | |
CY2015Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
1026269 | USD |
CY2016Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
1401130 | USD |
CY2015Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
2789810 | USD |
CY2016Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
3434351 | USD |
CY2015Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
1763541 | USD |
CY2016Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
2033221 | USD |
CY2015Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
336714 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
734068 | USD | |
CY2016Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
408365 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
839691 | USD | |
CY2015Q2 | us-gaap |
Incentive Fee Expense
IncentiveFeeExpense
|
0 | USD |
us-gaap |
Incentive Fee Expense
IncentiveFeeExpense
|
0 | USD | |
CY2016Q2 | us-gaap |
Incentive Fee Expense
IncentiveFeeExpense
|
158877 | USD |
us-gaap |
Incentive Fee Expense
IncentiveFeeExpense
|
158877 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
330717 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
521763 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-22071 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-9941 | USD | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-141877 | USD | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
3029581 | USD | |
CY2015Q2 | us-gaap |
Interest Expense
InterestExpense
|
947362 | USD |
us-gaap |
Interest Expense
InterestExpense
|
1896731 | USD | |
CY2016Q2 | us-gaap |
Interest Expense
InterestExpense
|
1486820 | USD |
us-gaap |
Interest Expense
InterestExpense
|
2741668 | USD | |
CY2015Q4 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
11184647 | USD |
CY2016Q2 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
14623118 | USD |
CY2015Q4 | us-gaap |
Land And Land Improvements
LandAndLandImprovements
|
192020381 | USD |
CY2016Q2 | us-gaap |
Land And Land Improvements
LandAndLandImprovements
|
213659402 | USD |
CY2015Q4 | us-gaap |
Liabilities
Liabilities
|
150677306 | USD |
CY2016Q2 | us-gaap |
Liabilities
Liabilities
|
192957968 | USD |
CY2015Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
228684025 | USD |
CY2016Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
275185109 | USD |
CY2015Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
100000 | USD |
CY2016Q2 | us-gaap |
Line Of Credit
LineOfCredit
|
14500000 | USD |
CY2015Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
141678935 | USD |
CY2016Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
180473676 | USD |
CY2015Q2 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
328392 | USD |
us-gaap |
Management Fee Expense
ManagementFeeExpense
|
624140 | USD | |
CY2016Q2 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
385586 | USD |
us-gaap |
Management Fee Expense
ManagementFeeExpense
|
772740 | USD | |
CY2015Q4 | us-gaap |
Minority Interest In Operating Partnerships
MinorityInterestInOperatingPartnerships
|
0 | USD |
CY2016Q2 | us-gaap |
Minority Interest In Operating Partnerships
MinorityInterestInOperatingPartnerships
|
5711195 | USD |
CY2015Q4 | us-gaap |
Minority Interest Ownership Percentage By Parent
MinorityInterestOwnershipPercentageByParent
|
1.000 | |
CY2016Q2 | us-gaap |
Minority Interest Ownership Percentage By Parent
MinorityInterestOwnershipPercentageByParent
|
0.931 | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
35906266 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-37164705 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-42626091 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
1606010 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
6264553 | USD | |
CY2015Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-30289 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-5715 | USD | |
CY2016Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
107813 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
342229 | USD | |
CY2015Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | USD | |
CY2016Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
8047 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
13623 | USD | |
CY2015Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-924960 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-1854899 | USD | |
CY2016Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-1478177 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-2638384 | USD | |
CY2015Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
894671 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1849184 | USD | |
CY2016Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1594037 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
2994236 | USD | |
CY2015Q2 | us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
2780456 | USD |
us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
5402783 | USD | |
CY2016Q2 | us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
4241612 | USD |
us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
7921085 | USD | |
CY2015Q4 | us-gaap |
Other Assets
OtherAssets
|
2472042 | USD |
CY2016Q2 | us-gaap |
Other Assets
OtherAssets
|
2368283 | USD |
CY2015Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
4937439 | USD |
CY2016Q2 | us-gaap |
Other Liabilities
OtherLiabilities
|
7802760 | USD |
CY2015Q2 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
1593 | USD |
us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
21023 | USD | |
CY2016Q2 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
8643 | USD |
us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
103284 | USD | |
us-gaap |
Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
|
200000 | USD | |
us-gaap |
Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
|
150000 | USD | |
us-gaap |
Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
|
350000 | USD | |
us-gaap |
Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
|
416725 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
1846850 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
2435779 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
116333 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
77512 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
877768 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
251710 | USD | |
us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
35279105 | USD | |
us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
34375908 | USD | |
us-gaap |
Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
|
1589150 | USD | |
us-gaap |
Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
|
7883458 | USD | |
us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
25450280 | USD | |
us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
24813000 | USD | |
us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
14895206 | USD | |
us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
0 | USD | |
us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
-1200000 | USD | |
us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
14400000 | USD | |
CY2015Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-30289 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
-5715 | USD | |
CY2015 | us-gaap |
Profit Loss
ProfitLoss
|
568545 | USD |
CY2016Q2 | us-gaap |
Profit Loss
ProfitLoss
|
115860 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
355852 | USD | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
0 | USD | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
50820 | USD | |
CY2016Q2 | us-gaap |
Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
|
181526562 | USD |
CY2015Q4 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
6634412 | USD |
CY2016Q2 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
8571234 | USD |
CY2015Q4 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
228417837 | USD |
CY2016Q2 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
277153179 | USD |
CY2015Q4 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
221783425 | USD |
CY2016Q2 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
268581945 | USD |
CY2015Q2 | us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
2783853 | USD |
us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
5409577 | USD | |
CY2016Q2 | us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
4244441 | USD |
us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
7927117 | USD | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
206475 | USD | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
419596 | USD | |
CY2015Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-8895369 | USD |
CY2016Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-10988919 | USD |
CY2015Q4 | us-gaap |
Secured Long Term Debt
SecuredLongTermDebt
|
141578935 | USD |
CY2016Q2 | us-gaap |
Secured Long Term Debt
SecuredLongTermDebt
|
165973676 | USD |
us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
6451853 | USD | |
CY2015 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
21528025 | USD |
CY2015Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
78006719 | USD |
CY2016Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
76515946 | USD |
CY2014Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
59969328 | USD |
CY2015Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
78006719 | USD |
CY2016Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
82227141 | USD |
CY2015Q4 | us-gaap |
Tenant Improvements
TenantImprovements
|
1302009 | USD |
CY2016Q2 | us-gaap |
Tenant Improvements
TenantImprovements
|
1733422 | USD |
CY2015Q2 | us-gaap |
Tenant Reimbursements
TenantReimbursements
|
3397 | USD |
us-gaap |
Tenant Reimbursements
TenantReimbursements
|
6794 | USD | |
CY2016Q2 | us-gaap |
Tenant Reimbursements
TenantReimbursements
|
2829 | USD |
us-gaap |
Tenant Reimbursements
TenantReimbursements
|
6032 | USD | |
CY2015Q4 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
-1054222 | USD |
CY2016Q2 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
-1052886 | USD |
CY2015Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
8439855 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
8098681 | shares | |
CY2016Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
9992941 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
9992941 | shares | |
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain line items on the </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Condensed Consolidated Balance Sheet</font><font style="font-family:inherit;font-size:10pt;"> as of </font><font style="font-family:inherit;font-size:10pt;">December 31, 2015</font><font style="font-family:inherit;font-size:10pt;">, the </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Condensed Consolidated Statement of Operations</font><font style="font-family:inherit;font-size:10pt;"> for the </font><font style="font-family:inherit;font-size:10pt;">three and six</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">June 30, 2015</font><font style="font-family:inherit;font-size:10pt;">, and the </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Condensed Consolidated Statement of Cash Flows</font><font style="font-family:inherit;font-size:10pt;"> for the </font><font style="font-family:inherit;font-size:10pt;">six</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">June 30, 2015</font><font style="font-family:inherit;font-size:10pt;">, have been reclassified to conform to the current period’s presentation. These reclassifications had no impact on previously-reported stockholders’ equity, net income or net change in cash and cash equivalents.</font></div></div> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in accordance 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 as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could materially differ from those estimates.</font></div></div> |