$MDRR
Medalist Diversified REIT, Inc. Stock $mdrr

$mdrr Overview Financials Valuation SEC Filings Company Website

2022 Q2 Form 10-Q Financial Statement

#000141057822001205 Filed on May 09, 2022

Income Statement

Concept	2022 Q2	2022 Q1	2021 Q4
Revenue	$2.596M	$2.904M	$2.784M
YoY Change	-12.84%	8.69%	1.99%
Cost Of Revenue	$942.7K	$210.1K	$956.2K
YoY Change	346.22%	20.06%	-18.27%
Gross Profit	$1.653M	$2.694M	$1.828M
YoY Change	-40.25%	7.89%	17.19%
Gross Profit Margin	63.69%	92.76%	65.66%
Selling, General & Admin	$524.2K	$80.71K	$464.0K
YoY Change	375.32%	16.73%	54.66%
% of Gross Profit	31.71%	3.0%	25.38%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$1.122M	$771.6K	$1.148M
YoY Change	45.09%	69.66%	19.53%
% of Gross Profit	67.89%	28.64%	62.77%
Operating Expenses	$1.647M	$3.138M	$1.611M
YoY Change	-36.11%	23.23%	26.89%
Operating Profit	$6.570K	-$234.4K	$216.6K
YoY Change	-98.36%	-287.46%	-25.31%
Interest Expense	-$844.8K	$841.4K	-$925.1K
YoY Change	-169.01%	-65.43%	-15.9%
% of Operating Profit	-12859.06%		-427.06%
Other Income/Expense, Net	$0.00	$95.44K	$174.2K
YoY Change	-100.0%	6959.1%	45.16%
Pretax Income	-$1.008M	-$1.076M	-$534.3K
YoY Change	22.44%	-53.41%	-88.41%
Income Tax
% Of Pretax Income
Net Earnings	-$1.015M	-$989.3K	-$531.8K
YoY Change	48.6%	-56.56%	-85.23%
Net Earnings / Revenue	-39.1%	-34.07%	-19.1%
Basic Earnings Per Share	-$0.47	-$0.06
Diluted Earnings Per Share	-$58.19K	-$0.06	-$33.13K
COMMON SHARES
Basic Shares Outstanding	17.44M	16.04M	16.27M
Diluted Shares Outstanding	2.180M	16.04M

Balance Sheet

Concept	2022 Q2	2022 Q1	2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$2.481M	$4.630M	$4.370M
YoY Change	-77.17%	25.81%	52.81%
Cash & Equivalents	$2.481M	$4.630M	$4.370M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables	$284.1K	$344.4K	$466.1K
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$2.765M	$4.974M	$4.837M
YoY Change	-75.44%	23.43%	45.68%
LONG-TERM ASSETS
Property, Plant & Equipment	$78.06M	$68.76M	$69.41M
YoY Change	38.54%	46.43%	21.64%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$13.19M	$13.35M	$12.86M
YoY Change	-47.26%	-46.1%	-12.16%
Total Long-Term Assets	$97.18M	$87.22M	$87.71M
YoY Change	12.59%	14.61%	15.48%
TOTAL ASSETS
Total Short-Term Assets	$2.765M	$4.974M	$4.837M
Total Long-Term Assets	$97.18M	$87.22M	$87.71M
Total Assets	$99.94M	$92.19M	$92.55M
YoY Change	2.43%	15.05%	16.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.954M	$1.346M	$1.307M
YoY Change	3.05%	-19.91%	-0.21%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change		-100.0%	-100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$1.954M	$1.346M	$1.307M
YoY Change	3.05%	-55.0%	-66.48%
LONG-TERM LIABILITIES
Long-Term Debt	$73.76M	$66.25M	$66.36M
YoY Change	7.24%	5.81%	5.92%
Other Long-Term Liabilities	$2.460M	$1.785M	$1.881M
YoY Change	37.34%	84.02%	84.37%
Total Long-Term Liabilities	$76.22M	$68.04M	$68.24M
YoY Change	8.0%	7.01%	7.18%
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.954M	$1.346M	$1.307M
Total Long-Term Liabilities	$76.22M	$68.04M	$68.24M
Total Liabilities	$79.65M	$69.38M	$69.55M
YoY Change	9.91%	2.97%	2.94%
SHAREHOLDERS EQUITY
Retained Earnings		-$26.29M	-$24.98M
YoY Change			29.44%
Common Stock		$171.1K	$160.5K
YoY Change			234.2%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$20.29M	$21.30M	$21.47M
YoY Change
Total Liabilities & Shareholders Equity	$99.94M	$92.19M	$92.55M
YoY Change	2.43%	15.05%	16.75%

Cashflow Statement

Concept	2022 Q2	2022 Q1	2021 Q4
OPERATING ACTIVITIES
Net Income	-$1.015M	-$989.3K	-$531.8K
YoY Change	48.6%	-56.56%	-85.23%
Depreciation, Depletion And Amortization	$1.122M	$771.6K	$1.148M
YoY Change	45.09%	69.66%	19.53%
Cash From Operating Activities	$880.9K	$692.9K	$190.1K
YoY Change	12.33%	235.01%	-211.83%
INVESTING ACTIVITIES
Capital Expenditures	-$10.41M	-$366.1K	-$7.852M
YoY Change	1.74%	632.12%	6443.08%
Acquisitions
YoY Change
Other Investing Activities			$0.00
YoY Change
Cash From Investing Activities	-$10.41M	-$366.1K	-$7.852M
YoY Change	1.74%	710.76%	6443.08%
FINANCING ACTIVITIES
Cash Dividend Paid		$341.5K
YoY Change		2746.01%
Common Stock Issuance & Retirement, Net		-$902.0K
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	7.224M	368.3K	3.518M
YoY Change	-57.22%	-66.3%	50.34%
NET CHANGE
Cash From Operating Activities	880.9K	692.9K	190.1K
Cash From Investing Activities	-10.41M	-366.1K	-7.852M
Cash From Financing Activities	7.224M	368.3K	3.518M
Net Change In Cash	-2.301M	695.1K	-4.144M
YoY Change	-130.92%	-44.59%	-302.13%
FREE CASH FLOW
Cash From Operating Activities	$880.9K	$692.9K	$190.1K
Capital Expenditures	-$10.41M	-$366.1K	-$7.852M
Free Cash Flow	$11.29M	$1.059M	$8.042M
YoY Change	2.5%	312.32%	-16183.6%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value
CY2021Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	13557100
CY2022Q1	us-gaap	Profit Loss ProfitLoss	-980383
CY2021Q1	us-gaap	Profit Loss ProfitLoss	-2307742
CY2022Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2022Q1	dei	Amendment Flag AmendmentFlag	false
CY2021Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	16052617
CY2022Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	17114215
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.06
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	16037073
CY2021Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	5856365
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	16037073
CY2021Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	5856365
CY2022Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001654595
CY2022Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2022Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
CY2021Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.39
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.06
CY2021Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.39
CY2022Q1	us-gaap	Type Of Cost Good Or Service Extensible List TypeOfCostGoodOrServiceExtensibleList	http://fasb.org/us-gaap/2021-01-31#AssetManagement1Member
CY2022Q1	dei	Document Type DocumentType	10-Q
CY2022Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2022Q1	dei	Document Period End Date DocumentPeriodEndDate	2022-03-31
CY2022Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2022Q1	dei	Entity File Number EntityFileNumber	001-38719
CY2022Q1	dei	Entity Registrant Name EntityRegistrantName	MEDALIST DIVERSIFIED REIT, INC.
CY2022Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	MD
CY2022Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	47-5201540
CY2022Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	1051 E. Cary Street Suite 601
CY2022Q1	dei	Entity Address Address Line2 EntityAddressAddressLine2	James Center Three
CY2022Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	Richmond
CY2022Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	VA
CY2022Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	23219
CY2022Q1	dei	City Area Code CityAreaCode	804
CY2022Q1	dei	Local Phone Number LocalPhoneNumber	344-4435
CY2022Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2022Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2022Q1	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2022Q1	dei	Entity Small Business EntitySmallBusiness	true
CY2022Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
CY2022Q1	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
CY2022Q1	dei	Entity Shell Company EntityShellCompany	false
CY2022Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	17439947
CY2022Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	68762027
CY2021Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	69407915
CY2022Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	4629945
CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	4370405
CY2022Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	3449089
CY2021Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	3013572
CY2022Q1	mdrr	Allowance For Rent And Other Receivables AllowanceForRentAndOtherReceivables	25793
CY2021Q4	mdrr	Allowance For Rent And Other Receivables AllowanceForRentAndOtherReceivables	13010
CY2022Q1	us-gaap	Accrued Investment Income Receivable AccruedInvestmentIncomeReceivable	344358
CY2021Q4	us-gaap	Accrued Investment Income Receivable AccruedInvestmentIncomeReceivable	466141
CY2022Q1	us-gaap	Assets Held For Sale Not Part Of Disposal Group AssetsHeldForSaleNotPartOfDisposalGroup	9897045
CY2021Q4	us-gaap	Assets Held For Sale Not Part Of Disposal Group AssetsHeldForSaleNotPartOfDisposalGroup	9846208
CY2022Q1	us-gaap	Unbilled Contracts Receivable UnbilledContractsReceivable	887168
CY2021Q4	us-gaap	Unbilled Contracts Receivable UnbilledContractsReceivable	872322
CY2022Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	3724381
CY2021Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	4200392
CY2022Q1	us-gaap	Other Assets OtherAssets	498732
CY2021Q4	us-gaap	Other Assets OtherAssets	370133
CY2022Q1	us-gaap	Assets Assets	92192745
CY2021Q4	us-gaap	Assets Assets	92547088
CY2022Q1	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	1345520
CY2021Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	1307257
CY2022Q1	us-gaap	Below Market Lease Net BelowMarketLeaseNet	1784995
CY2021Q4	us-gaap	Below Market Lease Net BelowMarketLeaseNet	1880612
CY2022Q1	us-gaap	Loans Payable LoansPayable	54353683
CY2021Q4	us-gaap	Loans Payable LoansPayable	54517822
CY2022Q1	us-gaap	Secured Debt SecuredDebt	7615368
CY2021Q4	us-gaap	Secured Debt SecuredDebt	7615368
CY2022Q1	us-gaap	Shares Subject To Mandatory Redemption Settlement Terms Amount SharesSubjectToMandatoryRedemptionSettlementTermsAmount	4281563
CY2021Q4	us-gaap	Shares Subject To Mandatory Redemption Settlement Terms Amount SharesSubjectToMandatoryRedemptionSettlementTermsAmount	4227640
CY2022Q1	us-gaap	Liabilities Liabilities	69381129
CY2021Q4	us-gaap	Liabilities Liabilities	69548699
CY2022Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	17114215
CY2021Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	16052617
CY2022Q1	us-gaap	Common Stock Value CommonStockValue	171142
CY2021Q4	us-gaap	Common Stock Value CommonStockValue	160524
CY2022Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	50769941
CY2021Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	49645428
CY2022Q1	mdrr	Offering Costs OfferingCosts	3350946
CY2021Q4	mdrr	Offering Costs OfferingCosts	3350946
CY2022Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-26287080
CY2021Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-24981346
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	21303057
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	21473660
CY2022Q1	us-gaap	Minority Interest In Operating Partnerships MinorityInterestInOperatingPartnerships	872673
CY2021Q4	us-gaap	Minority Interest In Operating Partnerships MinorityInterestInOperatingPartnerships	877917
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	22811616
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	22998389
CY2022Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	92192745
CY2021Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	92547088
CY2022Q1	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	2903964
CY2021Q1	us-gaap	Revenue From Contract With Customer Including Assessed Tax RevenueFromContractWithCustomerIncludingAssessedTax	2671853
CY2022Q1	mdrr	Retail Center Property Operating Expenses RetailCenterPropertyOperatingExpenses	450125
CY2021Q1	mdrr	Retail Center Property Operating Expenses RetailCenterPropertyOperatingExpenses	327930
CY2022Q1	mdrr	Flex Center Property Operating Expenses FlexCenterPropertyOperatingExpenses	161381
CY2021Q1	mdrr	Flex Center Property Operating Expenses FlexCenterPropertyOperatingExpenses	54088
CY2022Q1	mdrr	Hotel Property Operating Expenses HotelPropertyOperatingExpenses	372860
CY2021Q1	mdrr	Hotel Property Operating Expenses HotelPropertyOperatingExpenses	797395
CY2022Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	12783
CY2021Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	3196
CY2022Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	233100
CY2021Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	149981
CY2022Q1	mdrr	Legal Accounting And Other Professional Fees LegalAccountingAndOtherProfessionalFees	459869
CY2021Q1	mdrr	Legal Accounting And Other Professional Fees LegalAccountingAndOtherProfessionalFees	491855
CY2022Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	80706
CY2021Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	69137
CY2022Q1	us-gaap	Gain Loss On Sales Of Assets And Asset Impairment Charges GainLossOnSalesOfAssetsAndAssetImpairmentCharges	-36670
CY2022Q1	us-gaap	Impairment Of Long Lived Assets To Be Disposed Of ImpairmentOfLongLivedAssetsToBeDisposedOf	175671
CY2022Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	1155197
CY2021Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	653233
CY2022Q1	us-gaap	Operating Expenses OperatingExpenses	3138362
CY2021Q1	us-gaap	Operating Expenses OperatingExpenses	2546815
CY2022Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-234398
CY2021Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	125038
CY2022Q1	us-gaap	Interest Expense InterestExpense	841424
CY2021Q1	us-gaap	Interest Expense InterestExpense	2434132
CY2022Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-1075822
CY2021Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-2309094
CY2022Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	95439
CY2021Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1352
CY2022Q1	us-gaap	Profit Loss ProfitLoss	-980383
CY2021Q1	us-gaap	Profit Loss ProfitLoss	-2307742
CY2022Q1	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable	-973
CY2021Q1	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable	2040
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-989284
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	-2277524
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.06
CY2021Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.39
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	16037073
CY2021Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	5856365
CY2022Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.02
CY2021Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	22998389
CY2022Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	1188574
CY2022Q1	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	286543
CY2022Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	233100
CY2022Q1	us-gaap	Profit Loss ProfitLoss	-980383
CY2022Q1	us-gaap	Dividends Dividends	341521
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	22811616
CY2020Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	11709743
CY2021Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	3799268
CY2021Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	149981
CY2021Q1	us-gaap	Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature	284052
CY2021Q1	mdrr	Stock Issuance Cost StockIssuanceCost	66202
CY2021Q1	us-gaap	Profit Loss ProfitLoss	-2307742
CY2021Q1	us-gaap	Dividends Dividends	12000
CY2022Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	12783
CY2021Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	3196
CY2022Q1	us-gaap	Depreciation Depreciation	771560
CY2021Q1	us-gaap	Depreciation Depreciation	454774
CY2022Q1	mdrr	Amortization Amortization	383637
CY2021Q1	mdrr	Amortization Amortization	198459
CY2022Q1	mdrr	Amortization Of Loan Costs AmortizationOfLoanCosts	28118
CY2021Q1	mdrr	Amortization Of Loan Costs AmortizationOfLoanCosts	44190
CY2022Q1	mdrr	Amortization Of Deferred Financing Costs On Mandatorily Redeemable Preferred Stock AmortizationOfDeferredFinancingCostsOnMandatorilyRedeemablePreferredStock	53923
CY2021Q1	mdrr	Amortization Of Deferred Financing Costs On Mandatorily Redeemable Preferred Stock AmortizationOfDeferredFinancingCostsOnMandatorilyRedeemablePreferredStock	49449
CY2021Q1	mdrr	Amortization Of Financing Costs Convertible Debt AmortizationOfFinancingCostsConvertibleDebt	1455324
CY2022Q1	mdrr	Increase Decrease Market Lease Amortizations Net IncreaseDecreaseMarketLeaseAmortizationsNet	-26034
CY2021Q1	mdrr	Increase Decrease Market Lease Amortizations Net IncreaseDecreaseMarketLeaseAmortizationsNet	3237
CY2022Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	233100
CY2021Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	149981
CY2022Q1	us-gaap	Impairment Of Long Lived Assets To Be Disposed Of ImpairmentOfLongLivedAssetsToBeDisposedOf	175671
CY2022Q1	us-gaap	Gain Loss On Sales Of Assets And Asset Impairment Charges GainLossOnSalesOfAssetsAndAssetImpairmentCharges	-36670
CY2022Q1	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	-109000
CY2021Q1	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	-107599
CY2022Q1	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-14846
CY2021Q1	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-88092
CY2022Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	128599
CY2021Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	288524
CY2022Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	38263
CY2021Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	424967
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	692863
CY2021Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	206818
CY2022Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	366059
CY2021Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	45150
CY2022Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-366059
CY2021Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-45150
CY2022Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	341521
CY2021Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	12000
CY2022Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	192257
CY2021Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	134150
CY2022Q1	us-gaap	Proceeds From Issuance Or Sale Of Equity ProceedsFromIssuanceOrSaleOfEquity	1188574
CY2021Q1	us-gaap	Proceeds From Convertible Debt ProceedsFromConvertibleDebt	1305000
CY2021Q1	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	66202
CY2022Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	286543
CY2022Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	368253
CY2021Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1092648
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	695057
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	1254316
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	7383977
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	5096928
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	8079034
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	6351244
CY2022Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	4629945
CY2021Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3681292
CY2022Q1	mdrr	Number Of Tenants Defaulted On Leases And Abandoned Their Premises NumberOfTenantsDefaultedOnLeasesAndAbandonedTheirPremises	2
CY2022Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	3449089
CY2021Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	2669952
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	8079034
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	6351244
CY2022Q1	us-gaap	Interest Paid Net InterestPaidNet	682456
CY2021Q1	us-gaap	Interest Paid Net InterestPaidNet	897369
CY2021Q1	mdrr	Conversion Of Convertible Debentures And Accrued Interest To Common Stock ConversionOfConvertibleDebenturesAndAccruedInterestToCommonStock	3799268
CY2021Q1	mdrr	Transfer Of Investment Properties Net To Assets Held For Sale Net TransferOfInvestmentPropertiesNetToAssetsHeldForSaleNet	9683555
CY2021Q1	mdrr	Transfer Of Mortgages Payable Net To Mortgages Payable Associated With Assets Held For Sale Net TransferOfMortgagesPayableNetToMortgagesPayableAssociatedWithAssetsHeldForSaleNet	7592931
CY2022Q1	us-gaap	Impairment Of Intangible Assets Finitelived ImpairmentOfIntangibleAssetsFinitelived	36670
CY2021Q1	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0
CY2022Q1	us-gaap	Impairment Of Long Lived Assets To Be Disposed Of ImpairmentOfLongLivedAssetsToBeDisposedOf	175671
CY2021Q1	us-gaap	Impairment Of Long Lived Assets To Be Disposed Of ImpairmentOfLongLivedAssetsToBeDisposedOf	0
CY2022Q1	us-gaap	Impairment Of Intangible Assets Finitelived ImpairmentOfIntangibleAssetsFinitelived	36670
CY2021Q1	us-gaap	Impairment Of Intangible Assets Finitelived ImpairmentOfIntangibleAssetsFinitelived	0
CY2022Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	3724381
CY2021Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	4200392
CY2022Q1	us-gaap	Below Market Lease Net BelowMarketLeaseNet	1784995
CY2021Q4	us-gaap	Below Market Lease Net BelowMarketLeaseNet	1880612
CY2022Q1	us-gaap	Amortization Of Below Market Lease AmortizationOfBelowMarketLease	95617
CY2021Q1	us-gaap	Amortization Of Below Market Lease AmortizationOfBelowMarketLease	50376
CY2022Q1	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	-26034
CY2021Q1	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	3237
CY2021	mdrr	Debt Service Coverage Ratio DebtServiceCoverageRatio	3.75
CY2021	us-gaap	Line Of Credit Facility Interest Rate Description LineOfCreditFacilityInterestRateDescription	ICE LIBOR rate plus 225 basis points
CY2022Q1	mdrr	Debt Instrument Amortization Schedule DebtInstrumentAmortizationSchedule	P30Y
CY2022Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	383637
CY2021Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	198459
CY2022Q1	us-gaap	Deferred Costs Leasing Accumulated Amortization DeferredCostsLeasingAccumulatedAmortization	2671116
CY2021Q4	us-gaap	Deferred Costs Leasing Accumulated Amortization DeferredCostsLeasingAccumulatedAmortization	2779370
CY2022Q1	mdrr	Amortization Of Intangible Assets Write Off AmortizationOfIntangibleAssetsWriteOff	486783
CY2022Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	5108
CY2022Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	918194
CY2022Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	755831
CY2022Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	497661
CY2022Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	363605
CY2022Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	238181
CY2022Q1	mdrr	Finite Lived Intangible Assets Amortization Expense After Year Four FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFour	950909
CY2022Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	3724381
CY2022Q1	us-gaap	Below Market Lease Amortization Income Next Twelve Months BelowMarketLeaseAmortizationIncomeNextTwelveMonths	260437
CY2022Q1	us-gaap	Below Market Lease Amortization Income Year Two BelowMarketLeaseAmortizationIncomeYearTwo	260491
CY2022Q1	us-gaap	Below Market Lease Amortization Income Year Three BelowMarketLeaseAmortizationIncomeYearThree	191865
CY2022Q1	us-gaap	Below Market Lease Amortization Income Year Four BelowMarketLeaseAmortizationIncomeYearFour	140004
CY2022Q1	us-gaap	Below Market Lease Amortization Income After Year Five BelowMarketLeaseAmortizationIncomeAfterYearFive	107217
CY2022Q1	mdrr	Below Market Lease Amortization Income After Year Four BelowMarketLeaseAmortizationIncomeAfterYearFour	824981
CY2022Q1	us-gaap	Below Market Lease Net BelowMarketLeaseNet	1784995
CY2022Q1	us-gaap	Time Deposits At Or Above Fdic Insurance Limit TimeDepositsAtOrAboveFDICInsuranceLimit	2410643
CY2021Q4	us-gaap	Time Deposits At Or Above Fdic Insurance Limit TimeDepositsAtOrAboveFDICInsuranceLimit	2377633
CY2022Q1	mdrr	Security Deposits SecurityDeposits	222864
CY2021Q4	mdrr	Security Deposits SecurityDeposits	222265
CY2022Q1	us-gaap	Escrow Deposit EscrowDeposit	1896758
CY2021Q4	us-gaap	Escrow Deposit EscrowDeposit	1523837
CY2022Q1	mdrr	Capital Property Reserves CapitalPropertyReserves	1329467
CY2021Q4	mdrr	Capital Property Reserves CapitalPropertyReserves	1267470
CY2022Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	98574
CY2022Q1	mdrr	Capital Property Reserves CapitalPropertyReserves	1329467
CY2021Q4	mdrr	Capital Property Reserves CapitalPropertyReserves	1267470
CY2021	mdrr	Minority Interest Ownership Percentage By Noncontrolling Owners Exchanged Number Of Operating Partnership Units Issued MinorityInterestOwnershipPercentageByNoncontrollingOwnersExchangedNumberOfOperatingPartnershipUnitsIssued	93850
CY2021	mdrr	Minority Interest Ownership Percentage By Noncontrolling Owners Exchanged For Operating Partnership Units Issued MinorityInterestOwnershipPercentageByNoncontrollingOwnersExchangedForOperatingPartnershipUnitsIssued	0.0345
CY2020Q3	mdrr	Non Controlling Partnership Operating Units Converted To Common Stock NonControllingPartnershipOperatingUnitsConvertedToCommonStock	5319
CY2022Q1	us-gaap	Unbilled Contracts Receivable UnbilledContractsReceivable	887168
CY2021Q4	us-gaap	Unbilled Contracts Receivable UnbilledContractsReceivable	872322
CY2021Q1	mdrr	Revenue Recognized RevenueRecognized	0
CY2022Q1	mdrr	Revenue Recognized RevenueRecognized	0
CY2021Q1	mdrr	Termination Costs Recognized TerminationCostsRecognized	0
CY2022Q1	mdrr	Termination Costs Recognized TerminationCostsRecognized	0
CY2022Q1	mdrr	Allowance For Rent And Other Receivables AllowanceForRentAndOtherReceivables	25793
CY2021Q4	mdrr	Allowance For Rent And Other Receivables AllowanceForRentAndOtherReceivables	13010
CY2022Q1	mdrr	Percentage Of Income Required To Be Distributed To Shareholders PercentageOfIncomeRequiredToBeDistributedToShareholders	0.90
CY2022Q1	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	276190
CY2022Q1	us-gaap	Use Of Estimates UseOfEstimates	<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;font-weight:bold;margin:0pt 0pt 12pt 0pt;">Use of Estimates</p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:36pt;margin:0pt 0pt 12pt 0pt;">The Company has made estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements, and revenues and expenses during the reported period. The Company’s actual results could differ from these estimates.</p>
CY2017	mdrr	Noncontrolling Operating Partnership Units NoncontrollingOperatingPartnershipUnits	125000
CY2017	mdrr	Number Of Participate Elected For Exchange NumberOfParticipateElectedForExchange	721
CY2017Q4	us-gaap	Investment Owned At Cost InvestmentOwnedAtCost	1175000
CY2017	mdrr	Noncontrolling Operating Partnership Units NoncontrollingOperatingPartnershipUnits	125000
CY2021	mdrr	Percentage Of Outstanding Operating Partnership Units PercentageOfOutstandingOperatingPartnershipUnits	0.0131
CY2022Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2022Q1	mdrr	Percentage Of Outstanding Operating Partnership Units PercentageOfOutstandingOperatingPartnershipUnits	0.0128
CY2022Q1	us-gaap	Income Loss From Continuing Operations Attributable To Noncontrolling Entity IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity	75822
CY2022Q1	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable	-973
CY2021Q1	mdrr	Percentage Of Outstanding Operating Partnership Units PercentageOfOutstandingOperatingPartnershipUnits	0.0337
CY2021Q1	us-gaap	Income Loss From Continuing Operations Attributable To Noncontrolling Entity IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity	60555
CY2021Q1	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable	2040
CY2022Q1	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	75901369
CY2021Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	75896135
CY2022Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	7139342
CY2021Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	6488220
CY2022Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	68762027
CY2021Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	69407915
CY2022Q1	us-gaap	Shares Issued Price Per Share SharesIssuedPricePerShare	1.050
CY2022Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	290000
CY2022Q1	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	278810
CY2022Q1	us-gaap	Shares Issued Price Per Share SharesIssuedPricePerShare	1.076
CY2022Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	300000
CY2022Q1	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	474068
CY2022Q1	us-gaap	Shares Issued Price Per Share SharesIssuedPricePerShare	1.0547
CY2022Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	500000
CY2022Q1	mdrr	Capitalized Tenant Improvements CapitalizedTenantImprovements	56281
CY2021Q1	mdrr	Capitalized Tenant Improvements CapitalizedTenantImprovements	45150
CY2022Q1	mdrr	Capitalized Leasing Commissions CapitalizedLeasingCommissions	415457
CY2021	mdrr	Capitalized Leasing Commissions CapitalizedLeasingCommissions	356327
CY2022Q1	mdrr	Capitalized Leasing Commissions Net CapitalizedLeasingCommissionsNet	78921
CY2021Q1	mdrr	Capitalized Leasing Commissions Net CapitalizedLeasingCommissionsNet	0
CY2022Q1	mdrr	Amortization Of Capitalized Leasing Commissions AmortizationOfCapitalizedLeasingCommissions	19791
CY2021Q1	mdrr	Amortization Of Capitalized Leasing Commissions AmortizationOfCapitalizedLeasingCommissions	14712
CY2022Q1	us-gaap	Impairment Of Long Lived Assets To Be Disposed Of ImpairmentOfLongLivedAssetsToBeDisposedOf	175671
CY2021Q1	us-gaap	Impairment Of Long Lived Assets To Be Disposed Of ImpairmentOfLongLivedAssetsToBeDisposedOf	0
CY2022Q1	us-gaap	Secured Debt SecuredDebt	7615368
CY2021Q4	us-gaap	Secured Debt SecuredDebt	7615368
CY2022Q1	mdrr	Debt Instrument Amortization Schedule DebtInstrumentAmortizationSchedule	P30Y
CY2022Q1	mdrr	Debt Instruments Net Worth Covenant DebtInstrumentsNetWorthCovenant	13250000
CY2022Q1	mdrr	Debt Instruments Minimum Liquid Assets Covenant DebtInstrumentsMinimumLiquidAssetsCovenant	1000000
CY2021Q1	mdrr	Number Of Conversations NumberOfConversations	17
CY2021Q2	mdrr	Number Of Conversations NumberOfConversations	17
CY2022Q1	us-gaap	Interest Expense Debt InterestExpenseDebt	658997
CY2022Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	82041
CY2022Q1	us-gaap	Interest Expense Other InterestExpenseOther	100386
CY2022Q1	us-gaap	Interest Expense InterestExpense	841424
CY2021Q1	us-gaap	Interest Expense Debt InterestExpenseDebt	739264
CY2021Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1548963
CY2021Q1	us-gaap	Interest Expense Other InterestExpenseOther	145905
CY2021Q1	us-gaap	Interest Expense InterestExpense	2434132
CY2022Q1	us-gaap	Interest Payable Current InterestPayableCurrent	296403
CY2022Q1	us-gaap	Accumulated Amortization Deferred Finance Costs AccumulatedAmortizationDeferredFinanceCosts	719729
CY2021Q4	us-gaap	Interest Payable Current InterestPayableCurrent	219476
CY2021Q4	us-gaap	Accumulated Amortization Deferred Finance Costs AccumulatedAmortizationDeferredFinanceCosts	637688
CY2022Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	8408777
CY2022Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	961743
CY2022Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	995251
CY2022Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	1272970
CY2022Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	10940397
CY2022Q1	mdrr	Long Term Debt Maturities Repayments Of Principal After Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFour	40321971
CY2022Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	62901109
CY2022Q1	us-gaap	Debt Instrument Unamortized Discount Premium Net DebtInstrumentUnamortizedDiscountPremiumNet	932058
CY2022Q1	us-gaap	Long Term Debt LongTermDebt	61969051
CY2022Q1	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	1119668
CY2021Q1	mdrr	Threshold Stock Price To Be Reached For Payment Of Deferred Acquisition Fees ThresholdStockPriceToBeReachedForPaymentOfDeferredAcquisitionFees	5.00
CY2022Q1	mdrr	Aggregate Acquisition Fees Incurred AggregateAcquisitionFeesIncurred	251955
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	5006964
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	6062067
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	4869830
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	4113579
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	2901598
CY2022Q1	mdrr	Lessee Operating Lease Liability Payments Due After Year Four LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour	5251352
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	28205390
CY2022Q1	mdrr	Shares Authorized SharesAuthorized	1000000000
CY2022Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	750000000
CY2022Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2022Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	250000000
CY2022Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2021Q2	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	8000000
CY2021Q2	us-gaap	Shares Issued Price Per Share SharesIssuedPricePerShare	1.50
CY2021Q2	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	10886337
CY2022Q1	mdrr	Common Stock Aggregate Value Authorized CommonStockAggregateValueAuthorized	150000000
CY2022Q1	mdrr	Legal Costs And Filing Fees Incurred LegalCostsAndFilingFeesIncurred	84926
CY2021Q4	mdrr	Legal Costs And Filing Fees Incurred LegalCostsAndFilingFeesIncurred	84926
CY2021Q4	mdrr	Threshold Period To Issue Shares ThresholdPeriodToIssueShares	P36M
CY2022Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	1188574
CY2022Q1	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	1119668
CY2022Q1	us-gaap	Shares Issued Price Per Share SharesIssuedPricePerShare	1.062
CY2022Q1	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	90600
CY2022Q1	us-gaap	Shares Issued Price Per Share SharesIssuedPricePerShare	1.088
CY2022Q1	us-gaap	Shares Issued Price Per Share SharesIssuedPricePerShare	1.062
CY2022Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	1188574
CY2021Q4	us-gaap	Stock Repurchase Program Number Of Shares Authorized To Be Repurchased StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased	500000
CY2021Q4	mdrr	Stock Repurchase Program Maximum Price Per Share StockRepurchaseProgramMaximumPricePerShare	4.80
CY2021	mdrr	Aggregate Acquisition Fees Incurred AggregateAcquisitionFeesIncurred	251955
CY2022Q1	mdrr	Percentage Of Incentive Fee PercentageOfIncentiveFee	0.20
CY2022Q1	us-gaap	Conversion Of Stock Shares Issued1 ConversionOfStockSharesIssued1	213531
CY2021	us-gaap	Conversion Of Stock Shares Issued1 ConversionOfStockSharesIssued1	213531
CY2022Q1	us-gaap	Conversion Of Stock Shares Issued1 ConversionOfStockSharesIssued1	213531
CY2021	us-gaap	Conversion Of Stock Shares Issued1 ConversionOfStockSharesIssued1	213531
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	16037073
CY2021Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	5856365
CY2022Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	213531
CY2021Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	213531
CY2021Q1	us-gaap	Incremental Common Shares Attributable To Conversion Of Debt Securities IncrementalCommonSharesAttributableToConversionOfDebtSecurities	739128
CY2022Q1	mdrr	Weighted Average Number Of Diluted Shares Outstanding Effect Of Conversion WeightedAverageNumberOfDilutedSharesOutstandingEffectOfConversion	16250604
CY2021Q1	mdrr	Weighted Average Number Of Diluted Shares Outstanding Effect Of Conversion WeightedAverageNumberOfDilutedSharesOutstandingEffectOfConversion	6809024
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-989284
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	-2277524
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	16037073
CY2021Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	5856365
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.06
CY2021Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.39
CY2021Q1	mdrr	Percentage Lowest Volume Weighted Average Price PercentageLowestVolumeWeightedAveragePrice	0.88
CY2021Q1	mdrr	Volume Weighted Average Price VolumeWeightedAveragePrice	1.9079
CY2022Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.02
CY2022Q1	us-gaap	Dividend Payable Date To Be Paid Day Month And Year DividendPayableDateToBePaidDayMonthAndYear	2022-01-20
CY2022Q1	us-gaap	Dividends Payable Date Of Record Day Month And Year DividendsPayableDateOfRecordDayMonthAndYear	2022-01-13
CY2022Q1	us-gaap	Dividends Common Stock DividendsCommonStock	316450
CY2021Q1	us-gaap	Dividends Common Stock DividendsCommonStock	0
CY2022Q1	us-gaap	Dividends Dividends	341521
CY2021Q1	us-gaap	Dividends Dividends	12000
CY2022Q1	us-gaap	Concentration Risk Percentage1 ConcentrationRiskPercentage1	1
CY2022Q1	us-gaap	Property Management Fee Percent Fee PropertyManagementFeePercentFee	0.00125
CY2022Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	210148
CY2021Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	175040
CY2022Q1	mdrr	Percentage Of Acquisition Fee PercentageOfAcquisitionFee	0.020

Files In Submission

Name	View Source	Status
0001410578-22-001205-index-headers.html	Edgar Link	pending
0001410578-22-001205-index.html	Edgar Link	pending
0001410578-22-001205.txt	Edgar Link	pending
0001410578-22-001205-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
mdrr-20220331.xsd	Edgar Link	pending
mdrr-20220331x10q.htm	Edgar Link	pending
mdrr-20220331x10q006.jpg	Edgar Link	pending
mdrr-20220331x10q_htm.xml	Edgar Link	completed
mdrr-20220331xex31d1.htm	Edgar Link	pending
mdrr-20220331xex31d2.htm	Edgar Link	pending
mdrr-20220331xex32d1.htm	Edgar Link	pending
mdrr-20220331xex32d2.htm	Edgar Link	pending
mdrr-20220331_cal.xml	Edgar Link	unprocessable
mdrr-20220331_def.xml	Edgar Link	unprocessable
mdrr-20220331_lab.xml	Edgar Link	unprocessable
mdrr-20220331_pre.xml	Edgar Link	unprocessable
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
R58.htm	Edgar Link	pending
R59.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R60.htm	Edgar Link	pending
R61.htm	Edgar Link	pending
R62.htm	Edgar Link	pending
R63.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$MDRR
Medalist Diversified REIT, Inc. Stock $mdrr

2022 Q2 Form 10-Q Financial Statement

#000141057822001205 Filed on May 09, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MDRR Medalist Diversified REIT, Inc. Stock $mdrr

2022 Q2 Form 10-Q Financial Statement

#000141057822001205 Filed on May 09, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MDRR
Medalist Diversified REIT, Inc. Stock $mdrr