$MDV
MODIV INDUSTRIAL, INC. Stock $mdv

$mdv Overview Financials Valuation SEC Filings Company Website

2017 Q4 Form 10-Q Financial Statement

#000114420417058522 Filed on November 14, 2017

Income Statement

Concept	2017 Q4	2017 Q3	2016 Q3
Revenue		$2.317M	$359.5K
YoY Change		544.29%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses		$3.046M	$1.102M
YoY Change		176.49%
Operating Profit
YoY Change
Interest Expense		$541.3K	$174.3K
YoY Change		210.6%
% of Operating Profit
Other Income/Expense, Net		$3.676K	-$3.681K
YoY Change		-199.86%	10125.0%
Pretax Income
YoY Change
Income Tax
% Of Pretax Income
Net Earnings		-$98.98K	-$299.6K
YoY Change		-66.96%	832191.67%
Net Earnings / Revenue		-4.27%	-83.33%
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding	8.240M shares	6.863M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2017 Q4	2017 Q3	2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents	$3.238M	$8.490M	$1.988M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses	$1.105M	$1.067M
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$14.52M	$14.66M	$1.996M
YoY Change	312.17%	634.39%
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets	$157.1M	$123.3M
YoY Change	280.3%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities
Total Liabilities	$77.78M	$53.92M
YoY Change	312.07%
SHAREHOLDERS EQUITY
Retained Earnings	-$6.084M	-$4.359M	-$911.7K
YoY Change	330.02%	378.09%
Common Stock			$644.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$79.25M	$69.09M	$5.305M
YoY Change
Total Liabilities & Shareholders Equity	$157.1M	$123.3M	$20.54M
YoY Change	280.3%	500.06%

Cashflow Statement

Concept	2017 Q3	2016 Q3
OPERATING ACTIVITIES
Net Income	-$98.98K	-$299.6K
YoY Change	-66.96%	832191.67%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2017Q3	us-gaap	Redeemable Noncontrolling Interest Equity Common Carrying Amount RedeemableNoncontrollingInterestEquityCommonCarryingAmount	234648	USD
CY2016Q4	us-gaap	Redeemable Noncontrolling Interest Equity Common Carrying Amount RedeemableNoncontrollingInterestEquityCommonCarryingAmount	196660	USD
CY2017Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	73443478	USD
CY2016Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	23643435	USD
CY2017Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-4358523	USD
CY2016Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-1414787	USD
CY2017Q3	us-gaap	Stockholders Equity StockholdersEquity	69092571	USD
CY2016Q4	us-gaap	Stockholders Equity StockholdersEquity	22231106	USD
CY2017Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	123252056	USD
CY2016Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	41302560	USD
CY2017Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	8490282	USD
CY2016Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3431769	USD
CY2017Q3	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	1067454	USD
CY2016Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	478192	USD
CY2017Q3	cik0001645873	Belowmarket Lease Intangibles Net BelowmarketLeaseIntangiblesNet	763672	USD
CY2016Q4	us-gaap	Due From Related Parties Current DueFromRelatedPartiesCurrent	108433	USD
CY2016Q4	cik0001645873	Belowmarket Lease Intangibles Net BelowmarketLeaseIntangiblesNet	150767	USD
CY2016Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	493185	USD
CY2016Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	32751856	USD
CY2016Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	245604	USD
CY2016Q4	us-gaap	Assets Assets	41302560	USD
CY2016Q4	us-gaap	Unsecured Debt UnsecuredDebt	10156685	USD
CY2016Q4	us-gaap	Secured Debt SecuredDebt	7113701	USD
CY2016Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	470236	USD
CY2016Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	383422	USD
CY2017Q3	us-gaap	Liabilities Liabilities	53924837	USD
CY2016Q4	us-gaap	Liabilities Liabilities	18874794	USD
CY2017Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2017Q3	us-gaap	Real Estate Investments RealEstateInvestments	110666736	USD
CY2016Q4	us-gaap	Real Estate Investments RealEstateInvestments	36275665	USD
CY2017Q3	us-gaap	Accounts Receivable Gross AccountsReceivableGross	1151344	USD
CY2016Q4	us-gaap	Accounts Receivable Gross AccountsReceivableGross	114320	USD
CY2017Q3	us-gaap	Earnest Money Deposits EarnestMoneyDeposits	44550	USD
CY2016Q4	us-gaap	Earnest Money Deposits EarnestMoneyDeposits	500000	USD
CY2017Q3	us-gaap	Derivative Liabilities DerivativeLiabilities	100006	USD
CY2016Q4	us-gaap	Derivative Liabilities DerivativeLiabilities	0	USD
CY2017Q3	us-gaap	Other Liabilities OtherLiabilities	194121	USD
CY2016Q4	us-gaap	Other Liabilities OtherLiabilities	17467	USD
CY2017Q3	us-gaap	Security Deposit Liability SecurityDepositLiability	0	USD
CY2016Q4	us-gaap	Security Deposit Liability SecurityDepositLiability	582516	USD
CY2017Q3	us-gaap	Deferred Costs Leasing Net DeferredCostsLeasingNet	705554	USD
CY2017Q3	us-gaap	Unsecured Debt UnsecuredDebt	7119739	USD
	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
CY2017Q3	us-gaap	Land Land	17410432	USD
CY2017Q3	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	73844326	USD
CY2017Q3	us-gaap	Tenant Improvements TenantImprovements	7326827	USD
CY2017Q3	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	98581585	USD
CY2017Q3	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	2571155	USD
CY2017Q3	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	96010430	USD
CY2017Q3	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	1099680	USD
CY2017Q3	us-gaap	Assets Assets	123252056	USD
CY2017Q3	us-gaap	Secured Debt SecuredDebt	42705968	USD
CY2017Q3	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	2170142	USD
CY2017Q3	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	871189	USD
CY2017Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	8239821	shares
CY2016Q4	us-gaap	Land Land	5369238	USD
CY2016Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	24243072	USD
CY2016Q4	us-gaap	Tenant Improvements TenantImprovements	3632731	USD
CY2016Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	33245041	USD
CY2017Q3	us-gaap	Due From Related Parties Current DueFromRelatedPartiesCurrent	26456	USD
CY2016Q4	us-gaap	Deferred Costs Leasing Net DeferredCostsLeasingNet	148577	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	2077970	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	238232	USD
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.525
	us-gaap	Operating Expenses OperatingExpenses	7654080	USD
	us-gaap	Operating Expenses OperatingExpenses	1736851	USD
	us-gaap	Other Operating Income OtherOperatingIncome	2064684	USD
CY2017Q3	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2016Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	3990317	USD
	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	328041	USD
	us-gaap	Revenues Revenues	4905748	USD
	us-gaap	Revenues Revenues	401009	USD
	us-gaap	Affiliate Costs AffiliateCosts	573081	USD
	us-gaap	Affiliate Costs AffiliateCosts	528262	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2922840	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	590867	USD
	us-gaap	Interest Expense InterestExpense	1111287	USD
	us-gaap	Interest Expense InterestExpense	214921	USD
	us-gaap	Net Income Loss NetIncomeLoss	-511730	USD
	us-gaap	Net Income Loss NetIncomeLoss	-893393	USD
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.10
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-10.44
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	5220371	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	85598	shares
	us-gaap	Other Operating Income OtherOperatingIncome	446130	USD
	us-gaap	Investment Income Interest InvestmentIncomeInterest	3875	USD
	us-gaap	Investment Income Interest InvestmentIncomeInterest	619	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	168043	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-4300	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	171918	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-3681	USD
	cik0001645873	Operating Expensesnet OperatingExpensesnet	5589396	USD
	cik0001645873	Operating Expensesnet OperatingExpensesnet	1290721	USD
	us-gaap	Cost Of Property Repairs And Maintenance CostOfPropertyRepairsAndMaintenance	968902	USD
	us-gaap	Cost Of Property Repairs And Maintenance CostOfPropertyRepairsAndMaintenance	91541	USD
	us-gaap	Tenant Reimbursements TenantReimbursements	915431	USD
	us-gaap	Tenant Reimbursements TenantReimbursements	72968	USD
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.14
CY2017Q3	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	1926722	USD
CY2016Q3	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	286576	USD
CY2017Q3	us-gaap	Revenues Revenues	2316506	USD
CY2016Q3	us-gaap	Revenues Revenues	359544	USD
CY2017Q3	us-gaap	Affiliate Costs AffiliateCosts	264927	USD
CY2016Q3	us-gaap	Affiliate Costs AffiliateCosts	46575	USD
CY2017Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	904818	USD
CY2016Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	584488	USD
CY2017Q3	us-gaap	Interest Expense InterestExpense	541282	USD
CY2016Q3	us-gaap	Interest Expense InterestExpense	174271	USD
CY2017Q3	us-gaap	Net Income Loss NetIncomeLoss	-98983	USD
CY2016Q3	us-gaap	Net Income Loss NetIncomeLoss	-299625	USD
CY2017Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.01
CY2016Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-1.39
CY2017Q3	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	6873249	shares
CY2016Q3	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	215369	shares
CY2017Q3	us-gaap	Depreciation And Amortization DepreciationAndAmortization	921692	USD
CY2016Q3	us-gaap	Depreciation And Amortization DepreciationAndAmortization	204743	USD
CY2017Q3	us-gaap	Operating Expenses OperatingExpenses	3045879	USD
CY2016Q3	us-gaap	Operating Expenses OperatingExpenses	1101618	USD
CY2017Q3	us-gaap	Other Operating Income OtherOperatingIncome	626715	USD
CY2016	us-gaap	Limited Liability Company Llc Or Limited Partnership Lp Members Or Limited Partners Ownership Interest LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersOwnershipInterest	0.01	pure
CY2016Q3	us-gaap	Other Operating Income OtherOperatingIncome	446130	USD
CY2017Q3	us-gaap	Investment Income Interest InvestmentIncomeInterest	2988	USD
CY2016Q3	us-gaap	Investment Income Interest InvestmentIncomeInterest	619	USD
CY2016Q3	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-4300	USD
CY2017Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	3676	USD
CY2016Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-3681	USD
CY2017Q3	cik0001645873	Operating Expensesnet OperatingExpensesnet	2419165	USD
CY2016Q3	cik0001645873	Operating Expensesnet OperatingExpensesnet	655488	USD
CY2017Q3	us-gaap	Cost Of Property Repairs And Maintenance CostOfPropertyRepairsAndMaintenance	413161	USD
CY2016Q3	us-gaap	Cost Of Property Repairs And Maintenance CostOfPropertyRepairsAndMaintenance	91541	USD
CY2017Q3	us-gaap	Tenant Reimbursements TenantReimbursements	389784	USD
CY2016Q3	us-gaap	Tenant Reimbursements TenantReimbursements	72968	USD
CY2017Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.175
CY2016Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.14
CY2017Q3	us-gaap	Acquisition Costs AcquisitionCosts	0	USD
CY2016Q3	us-gaap	Acquisition Costs AcquisitionCosts	0	USD
	us-gaap	Acquisition Costs AcquisitionCosts	0	USD
	us-gaap	Acquisition Costs AcquisitionCosts	73028	USD
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	53049943	USD
	us-gaap	Dividends Dividends	2432006	USD
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	125000	USD
	us-gaap	Adjustments To Additional Paid In Capital Stock Issued Issuance Costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts	1593899	USD
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	1561201	USD
	cik0001645873	Adjustments To Additional Paid In Capital Decrease In Redeemable Common Stock AdjustmentsToAdditionalPaidInCapitalDecreaseInRedeemableCommonStock	214642	USD
CY2017Q3	cik0001645873	Authority To Issue Of Common Stock AuthorityToIssueOfCommonStock	450000000	shares
CY2017Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2017Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2016	us-gaap	Limited Liability Company Llc Or Limited Partnership Lp Managing Member Or General Partner Ownership Interest LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest	0.99	pure
	cik0001645873	Purchase Deposits Applied To Acquisition Of Real Estates PurchaseDepositsAppliedToAcquisitionOfRealEstates	500000	USD
	cik0001645873	Acquistion Fees To Affiliates AcquistionFeesToAffiliates	1872056	USD
CY2017Q3	us-gaap	Accounts And Notes Receivable Net AccountsAndNotesReceivableNet	650723	USD
CY2016Q4	us-gaap	Accounts And Notes Receivable Net AccountsAndNotesReceivableNet	29975	USD
CY2017Q3	us-gaap	Operating Leases Future Minimum Payments Receivable Thereafter OperatingLeasesFutureMinimumPaymentsReceivableThereafter	24676720	USD
CY2017Q3	us-gaap	Operating Leases Future Minimum Payments Receivable Current OperatingLeasesFutureMinimumPaymentsReceivableCurrent	7748156	USD
CY2017Q3	us-gaap	Operating Leases Future Minimum Payments Receivable In Two Years OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears	7921668	USD
CY2017Q3	us-gaap	Operating Leases Future Minimum Payments Receivable In Three Years OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears	7952063	USD
CY2017Q3	us-gaap	Operating Leases Future Minimum Payments Receivable In Four Years OperatingLeasesFutureMinimumPaymentsReceivableInFourYears	6644366	USD
CY2017Q3	us-gaap	Operating Leases Future Minimum Payments Receivable In Five Years OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears	5658981	USD
	cik0001645873	Loans To Assets Ratio LoansToAssetsRatio	0.6	pure
CY2017Q3	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	51072273	USD
CY2017Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	7310648	USD
CY2017Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	793487	USD
CY2017Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	828346	USD
CY2017Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	861835	USD
CY2017Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	7452683	USD
CY2017Q3	cik0001645873	Long Term Debt Maturities Repayments Of Principal In Year Six LongTermDebtMaturitiesRepaymentsOfPrincipalInYearSix	13789779	USD
CY2017Q3	cik0001645873	Long Term Debt Maturities Repayments Of Principal After Year Six LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearSix	20035495	USD
CY2017Q3	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	7172	USD
CY2017Q3	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	100006	USD
	cik0001645873	Property Management Fees Percentage PropertyManagementFeesPercentage	0.015	pure
	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt"> <b><i><font style="FONT-FAMILY: 'Times New Roman',serif; FONT-SIZE: 10pt"> Reclassifications</font></i></b></div> <div style="CLEAR:both;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt"> <font style="FONT-FAMILY: 'Times New Roman',serif; FONT-SIZE: 10pt">  </font></div> <div style="CLEAR:both;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt"> <font style="FONT-FAMILY: 'Times New Roman',serif; FONT-SIZE: 10pt">Certain amounts in the Company’s prior period consolidated financial statements have been reclassified to conform to the current period presentation. These reclassifications have not changed the results of operations of prior periods.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
	us-gaap	Derivatives Reporting Of Derivative Activity DerivativesReportingOfDerivativeActivity	<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt"> </div> <div style="CLEAR:both;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt"> <b><i><font style="FONT-FAMILY: 'Times New Roman',serif; FONT-SIZE: 10pt">Derivative Instruments</font></i></b></div> <div style="CLEAR:both;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt"> <font style="FONT-FAMILY: 'Times New Roman',serif; FONT-SIZE: 10pt">  </font></div> <div style="CLEAR:both;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt"> <font style="FONT-FAMILY: 'Times New Roman',serif; FONT-SIZE: 10pt">The Company enters into derivative instruments for risk management purposes to hedge its exposure to cash flow variability caused by changing interest rates on its variable rate mortgage notes payable. The Company records these derivative instruments at fair value in the accompanying Condensed Consolidated Balance Sheets. The Company’s mortgage derivative instruments have not been designated as effective hedges and therefore the changes in fair value are recorded as gain or loss on derivative instruments in the accompanying Consolidated Statement of Operations.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
	us-gaap	Use Of Estimates UseOfEstimates	<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt"> </div> <div style="CLEAR:both;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt"> <b><i><font style="FONT-FAMILY: 'Times New Roman',serif; FONT-SIZE: 10pt">Use of Estimates</font></i></b></div> <div style="CLEAR:both;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt"> <b><i><font style="FONT-FAMILY: 'Times New Roman',serif; FONT-SIZE: 10pt">  </font></i></b></div> <div style="CLEAR:both;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt"> <font style="FONT-FAMILY: 'Times New Roman',serif; FONT-SIZE: 10pt">The preparation of the unaudited Condensed Consolidated Financial Statements and the accompanying notes thereto in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the unaudited Condensed Consolidated Financial Statements and accompanying notes. Actual results may differ from those estimates.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2016Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
	cik0001645873	Operating Expenses Reimbursement Maximum Limit Reimbursements OperatingExpensesReimbursementMaximumLimitReimbursements	Pursuant to the Company’s charter, total operating expenses of the Company are limited to the greater of 2% of average invested assets or 25% of net income for the four most recently completed fiscal quarters (2%/25% Limitation).
CY2017Q3	us-gaap	Operating Leases Future Minimum Payments Receivable Remainder Of Fiscal Year OperatingLeasesFutureMinimumPaymentsReceivableRemainderOfFiscalYear	1754045	USD
CY2017Q3	us-gaap	Operating Leases Future Minimum Payments Receivable OperatingLeasesFutureMinimumPaymentsReceivable	62355999	USD
	us-gaap	Lease Expiration Date1 LeaseExpirationDate1	2037-02-28
CY2017Q3	us-gaap	Derivative Liability Number Of Instruments Held DerivativeLiabilityNumberOfInstrumentsHeld	2	pure
	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	100006	USD
CY2017Q3	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	1246566	USD
CY2017Q3	us-gaap	Long Term Debt LongTermDebt	49825707	USD
CY2017Q3	cik0001645873	Land Building And Improvements LandBuildingAndImprovements	91254758	USD
CY2017Q3	us-gaap	Sec Schedule Iii Real Estate Investment Property Net SECScheduleIIIRealEstateInvestmentPropertyNet	64617753	USD
CY2017Q3	us-gaap	Equity Method Investments EquityMethodInvestments	14656306	USD
CY2016Q4	us-gaap	Equity Method Investments EquityMethodInvestments	3523809	USD
CY2017Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2016Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2017Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2016Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2017Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2016Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2017Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2016Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
	us-gaap	Share Based Compensation ShareBasedCompensation	125000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	68000	USD
	cik0001645873	Deferred Rent Expenses DeferredRentExpenses	-620748	USD
	cik0001645873	Deferred Rent Expenses DeferredRentExpenses	15682	USD
	us-gaap	Other Amortization Of Deferred Charges OtherAmortizationOfDeferredCharges	89645	USD
	us-gaap	Other Amortization Of Deferred Charges OtherAmortizationOfDeferredCharges	10637	USD
	us-gaap	Amortization Of Deferred Leasing Fees AmortizationOfDeferredLeasingFees	59509	USD
	us-gaap	Amortization Of Deferred Leasing Fees AmortizationOfDeferredLeasingFees	9720	USD
	us-gaap	Amortization Of Below Market Lease AmortizationOfBelowMarketLease	37213	USD
	us-gaap	Amortization Of Below Market Lease AmortizationOfBelowMarketLease	0	USD
	us-gaap	Unrealized Gain Loss On Derivatives And Commodity Contracts UnrealizedGainLossOnDerivativesAndCommodityContracts	-100006	USD
	us-gaap	Unrealized Gain Loss On Derivatives And Commodity Contracts UnrealizedGainLossOnDerivativesAndCommodityContracts	0	USD
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	204212	USD
	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	0	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	416277	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	0	USD
	us-gaap	Increase Decrease In Due From Affiliates Current IncreaseDecreaseInDueFromAffiliatesCurrent	-57411	USD
	us-gaap	Increase Decrease In Due From Affiliates Current IncreaseDecreaseInDueFromAffiliatesCurrent	0	USD
	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	589261	USD
	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	63513	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	1697446	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	75942	USD
	us-gaap	Increase Decrease In Due To Affiliates Current IncreaseDecreaseInDueToAffiliatesCurrent	478445	USD
	us-gaap	Increase Decrease In Due To Affiliates Current IncreaseDecreaseInDueToAffiliatesCurrent	1649	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	2546372	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-532744	USD
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	62245697	USD
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	15730500	USD
	us-gaap	Other Payments To Acquire Businesses OtherPaymentsToAcquireBusinesses	0	USD
	us-gaap	Proceeds From Collection Of Longterm Loans To Related Parties ProceedsFromCollectionOfLongtermLoansToRelatedParties	28571	USD
	us-gaap	Proceeds From Collection Of Longterm Loans To Related Parties ProceedsFromCollectionOfLongtermLoansToRelatedParties	0	USD
	us-gaap	Payments To Acquire Real Estate Held For Investment PaymentsToAcquireRealEstateHeldForInvestment	10542594	USD
	us-gaap	Payments To Acquire Real Estate Held For Investment PaymentsToAcquireRealEstateHeldForInvestment	2000000	USD
	cik0001645873	Payments To Acquire Additional Real Estate Investments PaymentsToAcquireAdditionalRealEstateInvestments	685161	USD
	cik0001645873	Payments To Acquire Additional Real Estate Investments PaymentsToAcquireAdditionalRealEstateInvestments	0	USD
	us-gaap	Other Payments To Acquire Businesses OtherPaymentsToAcquireBusinesses	2772329	USD
	us-gaap	Payments For Deposits On Real Estate Acquisitions PaymentsForDepositsOnRealEstateAcquisitions	0	USD
	us-gaap	Proceeds From Unsecured Lines Of Credit ProceedsFromUnsecuredLinesOfCredit	11000000	USD
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	46428064	USD
	us-gaap	Cash Acquired In Excess Of Payments To Acquire Business CashAcquiredInExcessOfPaymentsToAcquireBusiness	363168	USD
	us-gaap	Cash Acquired In Excess Of Payments To Acquire Business CashAcquiredInExcessOfPaymentsToAcquireBusiness	0	USD
	us-gaap	Payments For Deposits On Real Estate Acquisitions PaymentsForDepositsOnRealEstateAcquisitions	100000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-75854042	USD
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	4036500	USD
	us-gaap	Proceeds From Secured Notes Payable ProceedsFromSecuredNotesPayable	36904988	USD
	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	218599	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-17830500	USD
	us-gaap	Proceeds From Unsecured Lines Of Credit ProceedsFromUnsecuredLinesOfCredit	43390000	USD
	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	21316	USD
	us-gaap	Proceeds From Secured Notes Payable ProceedsFromSecuredNotesPayable	7319700	USD
	us-gaap	Payments For Mortgage Deposits PaymentsForMortgageDeposits	44550	USD
	us-gaap	Payments For Mortgage Deposits PaymentsForMortgageDeposits	0	USD
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	920699	USD
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	176063	USD
	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	261950	USD
	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	0	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	50500102	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	6646976	USD
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	1675149	USD
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	187101	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	1561201	USD
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	79220259	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	20540844	USD
	us-gaap	Interest Paid InterestPaid	756783	USD
	us-gaap	Interest Paid InterestPaid	192327	USD
	cik0001645873	Transfers To Redeemable Common Stock TransfersToRedeemableCommonStock	214642	USD
	cik0001645873	Transfers To Redeemable Common Stock TransfersToRedeemableCommonStock	33311	USD
	us-gaap	Stock Issued1 StockIssued1	1967325	USD
	us-gaap	Stock Issued1 StockIssued1	7226	USD
	cik0001645873	Increase In Deferred Commission Payable IncreaseInDeferredCommissionPayable	2400	USD
	cik0001645873	Increase In Deferred Commission Payable IncreaseInDeferredCommissionPayable	0	USD
	cik0001645873	Increase In Lease Incentive Payable IncreaseInLeaseIncentivePayable	0	USD
	cik0001645873	Increase In Lease Incentive Payable IncreaseInLeaseIncentivePayable	535500	USD
	cik0001645873	Reinvested Distribution To Investment In Rich Uncles Reit I ReinvestedDistributionToInvestmentInRichUnclesReitI	0	USD
	cik0001645873	Reinvested Distribution To Investment In Rich Uncles Reit I ReinvestedDistributionToInvestmentInRichUnclesReitI	2885	USD
	cik0001645873	Withholding Tax Distributions WithholdingTaxDistributions	62	USD
	cik0001645873	Withholding Tax Distributions WithholdingTaxDistributions	0	USD
	us-gaap	Escrow Deposit Disbursements Related To Property Acquisition1 EscrowDepositDisbursementsRelatedToPropertyAcquisition1	500000	USD
	us-gaap	Escrow Deposit Disbursements Related To Property Acquisition1 EscrowDepositDisbursementsRelatedToPropertyAcquisition1	0	USD
	cik0001645873	Increase In Share Repurchase Payable IncreaseInShareRepurchasePayable	176654	USD
	cik0001645873	Increase In Share Repurchase Payable IncreaseInShareRepurchasePayable	8315	USD
	us-gaap	Error Corrections And Prior Period Adjustments Description ErrorCorrectionsAndPriorPeriodAdjustmentsDescription	During 2017, the Company identified an immaterial misstatement within the statement of cash flows for the nine months ended September 30, 2016 related to the classification of cash received and reported as investor deposits which understated the net cash used in operating activities and understated net cash provided by financing activities by $485,494During 2017, the Company identified an immaterial misstatement within the statement of cash flows for the nine months ended September 30, 2016 related to the classification of cash received and reported as investor deposits which understated the net cash used in operating activities and understated net cash provided by financing activities by $485,494
CY2016Q3	us-gaap	Restricted Cash RestrictedCash	390672	USD
CY2016Q4	us-gaap	Prior Period Reclassification Adjustment PriorPeriodReclassificationAdjustment	97000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	464619	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	4852	USD
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	5912589	USD
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	2177600	USD
CY2016Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	3677373	USD
CY2015Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	200815	USD
CY2017Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	9589962	USD
CY2016Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2378415	USD
CY2017Q3	us-gaap	Due From Related Parties DueFromRelatedParties	26456	USD
CY2016Q4	us-gaap	Due From Related Parties DueFromRelatedParties	108433	USD
CY2017Q3	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	688	USD

Files In Submission

Name	View Source	Status
0001144204-17-058522-index-headers.html	Edgar Link	pending
0001144204-17-058522-index.html	Edgar Link	pending
0001144204-17-058522.txt	Edgar Link	pending
0001144204-17-058522-xbrl.zip	Edgar Link	pending
cik0001645873-20170930.xml	Edgar Link	completed
cik0001645873-20170930.xsd	Edgar Link	pending
cik0001645873-20170930_cal.xml	Edgar Link	unprocessable
cik0001645873-20170930_def.xml	Edgar Link	unprocessable
cik0001645873-20170930_lab.xml	Edgar Link	unprocessable
cik0001645873-20170930_pre.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
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R2.htm	Edgar Link	pending
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R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
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R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R6.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
tv479165_10q.htm	Edgar Link	pending
tv479165_ex31-1.htm	Edgar Link	pending
tv479165_ex31-2.htm	Edgar Link	pending
tv479165_ex32-1.htm	Edgar Link	pending

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$MDV
MODIV INDUSTRIAL, INC. Stock $mdv

2017 Q4 Form 10-Q Financial Statement

#000114420417058522 Filed on November 14, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MDV MODIV INDUSTRIAL, INC. Stock $mdv

2017 Q4 Form 10-Q Financial Statement

#000114420417058522 Filed on November 14, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$MDV
MODIV INDUSTRIAL, INC. Stock $mdv