$NXRT
NexPoint Residential Trust, Inc. Stock $nxrt

$nxrt Overview Financials Valuation SEC Filings Company Website

2020 Q2 Form 10-Q Financial Statement

#000156459020036861 Filed on August 05, 2020

Income Statement

Concept	2020 Q2	2019 Q4	2019 Q2
Revenue	$50.68M	$49.68M	$43.07M
YoY Change	17.68%	26.11%	20.79%
Cost Of Revenue	$3.400M	$3.340M	$3.160M
YoY Change	7.59%	8.79%	7.85%
Gross Profit	$47.28M	$46.34M	$39.90M
YoY Change	18.5%	27.55%	21.91%
Gross Profit Margin	93.29%	93.28%	92.65%
Selling, General & Admin	$24.21M	$22.59M	$20.23M
YoY Change	19.67%	16.2%	22.98%
% of Gross Profit	51.21%	48.75%	50.7%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$20.00M	$23.40M	$11.80M
YoY Change	69.49%	69.2%	9.26%
% of Gross Profit	42.3%	50.5%	29.57%
Operating Expenses	$45.62M	$45.98M	$33.30M
YoY Change	37.0%	38.2%	21.13%
Operating Profit	$1.675M	$360.0K	$6.603M
YoY Change	-74.63%	-88.24%	26.01%
Interest Expense	$10.99M	-$10.75M	$8.590M
YoY Change	27.97%	37.29%	-225.95%
% of Operating Profit	656.3%	-2986.11%	130.09%
Other Income/Expense, Net	$1.080M	$590.0K
YoY Change
Pretax Income	-$9.320M	-$13.31M	-$1.990M
YoY Change	368.34%	178.45%	19.16%
Income Tax
% Of Pretax Income
Net Earnings	-$9.290M	-$13.27M	-$1.981M
YoY Change	368.96%	178.29%	19.27%
Net Earnings / Revenue	-18.33%	-26.71%	-4.6%
Basic Earnings Per Share	-$0.38	-$0.53	-$0.08
Diluted Earnings Per Share	-$0.38	-$0.53	-$0.08
COMMON SHARES
Basic Shares Outstanding	24.31M	25.03M	23.74M
Diluted Shares Outstanding	24.31M		24.23M

Balance Sheet

Concept	2020 Q2	2019 Q4	2019 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$53.20M	$25.70M	$16.90M
YoY Change	214.79%	29.15%	-7.65%
Cash & Equivalents	$53.17M	$25.67M	$16.89M
Short-Term Investments
Other Short-Term Assets	$10.70M	$2.300M	$3.800M
YoY Change	181.58%	-74.73%	8.57%
Inventory
Prepaid Expenses
Receivables	$5.000M	$6.300M	$2.700M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$68.90M	$34.30M	$23.40M
YoY Change	194.44%	6.19%	-8.59%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.716B	$1.782B	$1.229B
YoY Change	39.7%	63.84%	27.15%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$31.80M	$45.50M	$22.70M
YoY Change	40.09%	95.28%	8.61%
Total Long-Term Assets	$1.748B	$1.832B	$1.254B
YoY Change	39.46%	62.25%	23.62%
TOTAL ASSETS
Total Short-Term Assets	$68.90M	$34.30M	$23.40M
Total Long-Term Assets	$1.748B	$1.832B	$1.254B
Total Assets	$1.817B	$1.866B	$1.277B
YoY Change	42.3%	60.69%	22.83%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$15.10M	$12.00M	$6.700M
YoY Change	125.37%	106.9%	36.73%
Accrued Expenses	$2.200M	$3.700M	$3.100M
YoY Change	-29.03%	27.59%	34.78%
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	$30.50M	$27.90M	$20.00M
YoY Change	52.5%	30.99%	28.21%
LONG-TERM LIABILITIES
Long-Term Debt	$1.370B	$1.403B	$978.1M
YoY Change	40.05%	67.42%	25.67%
Other Long-Term Liabilities	$59.50M	$5.500M	$4.400M
YoY Change	1252.27%	61.76%	18.92%
Total Long-Term Liabilities	$1.429B	$1.409B	$982.5M
YoY Change	45.48%	67.4%	25.64%
TOTAL LIABILITIES
Total Short-Term Liabilities	$30.50M	$27.90M	$20.00M
Total Long-Term Liabilities	$1.429B	$1.409B	$982.5M
Total Liabilities	$1.460B	$1.436B	$1.006B
YoY Change	45.18%	66.52%	26.09%
SHAREHOLDERS EQUITY
Retained Earnings	$66.86M	$63.78M
YoY Change		-1042.87%
Common Stock	$343.5M	$360.0M
YoY Change		25.99%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares	$0.00	$0.00
Shareholders Equity	$354.4M	$426.2M	$271.3M
YoY Change
Total Liabilities & Shareholders Equity	$1.817B	$1.866B	$1.277B
YoY Change	42.29%	60.69%	22.83%

Cashflow Statement

Concept	2020 Q2	2019 Q4	2019 Q2
OPERATING ACTIVITIES
Net Income	-$9.290M	-$13.27M	-$1.981M
YoY Change	368.96%	178.29%	19.27%
Depreciation, Depletion And Amortization	$20.00M	$23.40M	$11.80M
YoY Change	69.49%	69.2%	9.26%
Cash From Operating Activities	$14.51M	$12.43M	$19.90M
YoY Change	-27.09%	10.1%	40.14%
INVESTING ACTIVITIES
Capital Expenditures	-$9.590M	-$258.0M	-$19.59M
YoY Change	-51.05%	4758.57%	136.88%
Acquisitions
YoY Change
Other Investing Activities	-$4.080M	$1.880M	-$1.000M
YoY Change	308.0%	-124.58%
Cash From Investing Activities	-$13.67M	-$256.1M	-$20.59M
YoY Change	-33.61%	1874.56%	148.97%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-21.41M	253.4M	1.980M
YoY Change	-1181.31%	-33007.79%	80.0%
NET CHANGE
Cash From Operating Activities	14.51M	12.43M	19.90M
Cash From Investing Activities	-13.67M	-256.1M	-20.59M
Cash From Financing Activities	-21.41M	253.4M	1.980M
Net Change In Cash	-20.57M	9.720M	1.290M
YoY Change	-1694.57%	-496.73%	-81.65%
FREE CASH FLOW
Cash From Operating Activities	$14.51M	$12.43M	$19.90M
Capital Expenditures	-$9.590M	-$258.0M	-$19.59M
Free Cash Flow	$24.10M	$270.4M	$39.49M
YoY Change	-38.97%	1529.04%	75.75%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value
CY2019Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	23736000
CY2019Q2	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable	-6000
CY2020Q2	nxrt	Comprehensive Income Attributable To Redeemable Non Controlling Interests In Operating Partnership ComprehensiveIncomeAttributableToRedeemableNonControllingInterestsInOperatingPartnership	52000
CY2019Q2	nxrt	Comprehensive Income Attributable To Redeemable Non Controlling Interests In Operating Partnership ComprehensiveIncomeAttributableToRedeemableNonControllingInterestsInOperatingPartnership	39000
CY2020Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	24307000
	nxrt	Conversion Ratio Of Operating Partnership Unit To Common Stock ConversionRatioOfOperatingPartnershipUnitToCommonStock	1.00
CY2016Q2	us-gaap	Stock Repurchase Program Period In Force1 StockRepurchaseProgramPeriodInForce1	P2Y
	nxrt	Conversion Ratio Of Operating Partnership Unit To Common Stock ConversionRatioOfOperatingPartnershipUnitToCommonStock	1.00
CY2019Q2	us-gaap	Income Loss Before Gain Or Loss On Sale Of Properties Extraordinary Items And Cumulative Effects Of Accounting Changes IncomeLossBeforeGainOrLossOnSaleOfPropertiesExtraordinaryItemsAndCumulativeEffectsOfAccountingChanges	6603000
CY2020Q2	us-gaap	Loss From Catastrophes LossFromCatastrophes	1079000
	us-gaap	Loss From Catastrophes LossFromCatastrophes	1028000
CY2020Q2	nxrt	Miscellaneous Income MiscellaneousIncome	1079000
	nxrt	Miscellaneous Income MiscellaneousIncome	1079000
CY2020Q2	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable	-28000
CY2020Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	1675000
CY2019Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.275
CY2020Q2	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	-55000
	us-gaap	Net Income Loss NetIncomeLoss	18665000
	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	44530000
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	905000
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	27125000
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.625
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-58410000
	us-gaap	Minority Interest Change In Redemption Value MinorityInterestChangeInRedemptionValue	-459000
CY2020Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	354415000
CY2019Q2	us-gaap	Net Income Loss NetIncomeLoss	-1981000
CY2019Q4	nxrt	Mortgages Payable Held For Sale Net Of Deferred Financing Cost MortgagesPayableHeldForSaleNetOfDeferredFinancingCost	41176000
CY2020Q2	us-gaap	Line Of Credit LineOfCredit	224195000
CY2020Q2	us-gaap	Accounts Payable And Other Accrued Liabilities AccountsPayableAndOtherAccruedLiabilities	15111000
CY2020Q2	us-gaap	Accrual For Taxes Other Than Income Taxes Current And Noncurrent AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent	13248000
CY2020Q2	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	2228000
CY2020Q2	us-gaap	Security Deposit Liability SecurityDepositLiability	2802000
CY2020Q2	us-gaap	Advance Rent AdvanceRent	1585000
CY2020Q2	us-gaap	Interest Rate Fair Value Hedge Liability At Fair Value InterestRateFairValueHedgeLiabilityAtFairValue	55134000
	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	82416000
CY2019Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	6603000
	us-gaap	Operating Income Loss OperatingIncomeLoss	42199000
CY2020Q2	us-gaap	Interest Expense InterestExpense	10993000
CY2019Q2	us-gaap	Interest Expense InterestExpense	8590000
	us-gaap	Interest Expense InterestExpense	22655000
	nxrt	Loss On Extinguishment Of Debt And Modification Costs LossOnExtinguishmentOfDebtAndModificationCosts	874000
CY2020Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-8022000
CY2020Q2	us-gaap	Minority Interest Change In Redemption Value MinorityInterestChangeInRedemptionValue	361000
CY2020Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	354415000
CY2020Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1337000
CY2020Q2	us-gaap	Profit Loss ProfitLoss	-9318000
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	28464000
	us-gaap	Profit Loss ProfitLoss	-6360000
	nxrt	Amortization And Write Off Of Deferred Financing Costs AmortizationAndWriteOffOfDeferredFinancingCosts	902000
	nxrt	Change In Fair Value On Derivative Instruments Included Interest Expense ChangeInFairValueOnDerivativeInstrumentsIncludedInterestExpense	-3734000
	nxrt	Net Cash Received On Derivative Settlements NetCashReceivedOnDerivativeSettlements	3720000
	nxrt	Amortization And Write Off Of Fair Market Value Adjustment Of Assumed Debt AmortizationAndWriteOffOfFairMarketValueAdjustmentOfAssumedDebt	-102000
CY2020Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	24307000
	nxrt	Amortization And Write Off Of Fair Market Value Adjustment Of Assumed Debt AmortizationAndWriteOffOfFairMarketValueAdjustmentOfAssumedDebt	-47000
CY2020Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	24307000
CY2019Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	24233000
CY2020Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.38
CY2019Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.08
CY2020Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.38
CY2019Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.08
CY2020Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	392171000
CY2020Q2	us-gaap	Net Income Loss NetIncomeLoss	-9290000
CY2019Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	426241000
CY2019Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1419000
CY2019Q2	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	9452000
CY2019Q2	us-gaap	Dividends Common Stock DividendsCommonStock	6702000
CY2019Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-10913000
CY2019Q2	us-gaap	Minority Interest Change In Redemption Value MinorityInterestChangeInRedemptionValue	250000
CY2018Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	296028000
	us-gaap	Net Income Loss NetIncomeLoss	-6341000
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	2489000
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	9452000
	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.550
	us-gaap	Dividends Common Stock DividendsCommonStock	13343000
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-16561000
	us-gaap	Minority Interest Change In Redemption Value MinorityInterestChangeInRedemptionValue	376000
CY2019Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	271348000
	us-gaap	Profit Loss ProfitLoss	18721000
	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	38991000
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	44756000
	nxrt	Amortization And Write Off Of Deferred Financing Costs AmortizationAndWriteOffOfDeferredFinancingCosts	1923000
	nxrt	Change In Fair Value On Derivative Instruments Included Interest Expense ChangeInFairValueOnDerivativeInstrumentsIncludedInterestExpense	1970000
	nxrt	Net Cash Received On Derivative Settlements NetCashReceivedOnDerivativeSettlements	-573000
	nxrt	Interest Payable On Derivative Instruments InterestPayableOnDerivativeInstruments	1097000
	us-gaap	Share Based Compensation ShareBasedCompensation	2637000
	us-gaap	Share Based Compensation ShareBasedCompensation	2654000
	us-gaap	Proceeds From Insurance Settlement Operating Activities ProceedsFromInsuranceSettlementOperatingActivities	1079000
	nxrt	Casualty Losses CasualtyLosses	597000
	us-gaap	Increase Decrease In Operating Assets IncreaseDecreaseInOperatingAssets	585000
	us-gaap	Increase Decrease In Operating Liabilities IncreaseDecreaseInOperatingLiabilities	-1394000
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	23620000
	us-gaap	Proceeds From Real Estate And Real Estate Joint Ventures ProceedsFromRealEstateAndRealEstateJointVentures	85418000
	nxrt	Prepaid Acquisition Costs PrepaidAcquisitionCosts	5031000
	nxrt	Prepaid Acquisition Costs PrepaidAcquisitionCosts	1000000
	nxrt	Insurance Premiums Payment For Casualty Losses InsurancePremiumsPaymentForCasualtyLosses	549000
	us-gaap	Proceeds From Insurance Settlement Investing Activities ProceedsFromInsuranceSettlementInvestingActivities	1970000
	us-gaap	Payments For Derivative Instrument Financing Activities PaymentsForDerivativeInstrumentFinancingActivities	20000
	us-gaap	Payments Of Debt Extinguishment Costs PaymentsOfDebtExtinguishmentCosts	416000
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	27125000
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	1732000
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	44530000
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	13288000
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	125140000
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-3561000
	us-gaap	Interest Paid Net InterestPaidNet	19323000
	nxrt	Prepayment Penalties Paid PrepaymentPenaltiesPaid	416000
	us-gaap	Noncash Or Part Noncash Acquisition Debt Assumed1 NoncashOrPartNoncashAcquisitionDebtAssumed1	10109000
	nxrt	Non Cash Or Part Non Cash Write Off Of Fully Amortized In Place Leases NonCashOrPartNonCashWriteOffOfFullyAmortizedInPlaceLeases	12414000
	nxrt	Non Cash Or Part Non Cash Write Off Of Deferred Financing Costs NonCashOrPartNonCashWriteOffOfDeferredFinancingCosts	455000
	dei	Entity Incorporation Date Of Incorporation EntityIncorporationDateOfIncorporation	2014-09-19
CY2020Q2	us-gaap	Units Of Partnership Interest Amount UnitsOfPartnershipInterestAmount	23819402
CY2020Q2	nxrt	Limited Partner Units Owned LimitedPartnerUnitsOwned	23746169
CY2020Q2	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	44041000
CY2019Q2	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	37711000
	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	89509000
	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	74033000
CY2020Q2	nxrt	Lessor Operating Leases Utility Reimbursements LessorOperatingLeasesUtilityReimbursements	3014000
CY2019Q2	nxrt	Lessor Operating Leases Utility Reimbursements LessorOperatingLeasesUtilityReimbursements	2539000
	nxrt	Lessor Operating Leases Utility Reimbursements LessorOperatingLeasesUtilityReimbursements	6058000
	nxrt	Lessor Operating Leases Utility Reimbursements LessorOperatingLeasesUtilityReimbursements	5080000
CY2020Q2	nxrt	Lessor Operating Leases Late Fees LessorOperatingLeasesLateFees	-24000
CY2019Q2	nxrt	Lessor Operating Leases Late Fees LessorOperatingLeasesLateFees	351000
	nxrt	Lessor Operating Leases Late Fees LessorOperatingLeasesLateFees	460000
	nxrt	Lessor Operating Leases Late Fees LessorOperatingLeasesLateFees	730000
CY2020Q2	nxrt	Lessor Operating Leases Pet Fees LessorOperatingLeasesPetFees	241000
CY2019Q2	nxrt	Lessor Operating Leases Pet Fees LessorOperatingLeasesPetFees	207000
	nxrt	Lessor Operating Leases Pet Fees LessorOperatingLeasesPetFees	478000
	nxrt	Lessor Operating Leases Pet Fees LessorOperatingLeasesPetFees	387000
CY2020Q2	nxrt	Lessor Operating Leases Other Fees LessorOperatingLeasesOtherFees	1981000
CY2019Q2	nxrt	Lessor Operating Leases Other Fees LessorOperatingLeasesOtherFees	1158000
	nxrt	Lessor Operating Leases Other Fees LessorOperatingLeasesOtherFees	3862000
	nxrt	Lessor Operating Leases Other Fees LessorOperatingLeasesOtherFees	2186000
CY2020Q2	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	49253000
CY2019Q2	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	41966000
	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	100367000
	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	82416000
CY2020Q2	nxrt	Ownership Percentage Of Wholly Owned Subsidiary OwnershipPercentageOfWhollyOwnedSubsidiary	1
	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0
	nxrt	Number Of Properties Held For Sale NumberOfPropertiesHeldForSale	0
CY2020Q2	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued	0
	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-style:italic;font-family:Times New Roman;font-size:10pt;font-weight:normal;text-transform:none;font-variant: normal;">Reclassifications</p> <p style="text-align:justify;margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Certain reclassifications have been made to conform the prior period consolidated financial statements and notes to the current period presentation. </p>
CY2020Q2	nxrt	Number Of Residents Placed Under Payment Plans NumberOfResidentsPlacedUnderPaymentPlans	1541
CY2020Q2	nxrt	Outstanding Rent Under Payment Plans OutstandingRentUnderPaymentPlans	1700000
	nxrt	Number Of Wholly Owned Subsidiaries NumberOfWhollyOwnedSubsidiaries	37
CY2020Q2	nxrt	Ownership Percentage Of Wholly Owned Subsidiary OwnershipPercentageOfWhollyOwnedSubsidiary	1
CY2020Q2	us-gaap	Area Of Real Estate Property AreaOfRealEstateProperty	12786000
CY2020Q2	us-gaap	Number Of Units In Real Estate Property NumberOfUnitsInRealEstateProperty	14104
CY2020Q2	us-gaap	Depreciation Depreciation	20000000.0
CY2019Q2	us-gaap	Depreciation Depreciation	11800000
	us-gaap	Depreciation Depreciation	38500000
	us-gaap	Depreciation Depreciation	24900000
CY2020Q2	us-gaap	Amortization Of Leased Asset AmortizationOfLeasedAsset	1400000
CY2019Q2	us-gaap	Amortization Of Leased Asset AmortizationOfLeasedAsset	1300000
CY2020Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	376000
CY2020Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	225897000
CY2020Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	1514000
	us-gaap	Amortization Of Leased Asset AmortizationOfLeasedAsset	6200000
	us-gaap	Amortization Of Leased Asset AmortizationOfLeasedAsset	3500000
	nxrt	Number Of Properties Acquired NumberOfPropertiesAcquired	0
	nxrt	Number Of Properties Acquired NumberOfPropertiesAcquired	4
	us-gaap	Business Combination Consideration Transferred1 BusinessCombinationConsiderationTransferred1	151500000
CY2018Q4	us-gaap	Earnest Money Deposits EarnestMoneyDeposits	7700000
CY2019Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	3700000
CY2019Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-131700000
	nxrt	Number Of Properties Sold NumberOfPropertiesSold	3
	nxrt	Number Of Properties Sold NumberOfPropertiesSold	0
	nxrt	Sales Price Of Real Estate Property Sold During Period SalesPriceOfRealEstatePropertySoldDuringPeriod	86500000
	us-gaap	Proceeds From Real Estate And Real Estate Joint Ventures ProceedsFromRealEstateAndRealEstateJointVentures	85418000
	nxrt	Gains Losses On Sale Of Investment Real Estate GainsLossesOnSaleOfInvestmentRealEstate	38972000
CY2019	us-gaap	Loss From Catastrophes LossFromCatastrophes	3500000
CY2019	us-gaap	Gain On Business Interruption Insurance Recovery GainOnBusinessInterruptionInsuranceRecovery	600000
CY2020Q2	us-gaap	Gain On Business Interruption Insurance Recovery GainOnBusinessInterruptionInsuranceRecovery	1100000
	us-gaap	Gain On Business Interruption Insurance Recovery GainOnBusinessInterruptionInsuranceRecovery	1100000
	us-gaap	Interest Costs Capitalized Adjustment InterestCostsCapitalizedAdjustment	600000
CY2020Q2	us-gaap	Accumulated Amortization Deferred Finance Costs AccumulatedAmortizationDeferredFinanceCosts	3238000
	nxrt	Number Of Properties Sold NumberOfPropertiesSold	3
	nxrt	Number Of Properties Sold NumberOfPropertiesSold	0
CY2019Q2	us-gaap	Write Off Of Deferred Debt Issuance Cost WriteOffOfDeferredDebtIssuanceCost	0.0
	us-gaap	Write Off Of Deferred Debt Issuance Cost WriteOffOfDeferredDebtIssuanceCost	500000
	us-gaap	Write Off Of Deferred Debt Issuance Cost WriteOffOfDeferredDebtIssuanceCost	0.0
CY2020Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	24298651
CY2020Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	24298651
CY2020Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	21298000
CY2020Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	424686000
CY2020Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive	702729000
CY2020Q2	us-gaap	Long Term Debt LongTermDebt	1376500000
CY2020Q2	us-gaap	Derivative Average Cap Interest Rate DerivativeAverageCapInterestRate	0.0574
CY2020Q2	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	28000
CY2019Q4	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	7298000
CY2020Q2	us-gaap	Derivative Asset Fair Value Gross Liability DerivativeAssetFairValueGrossLiability	55134000
CY2019Q4	us-gaap	Derivative Asset Fair Value Gross Liability DerivativeAssetFairValueGrossLiability	3824000
CY2019	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0
	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0
CY2020Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2016Q2	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	30000000.0
CY2016Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2016Q2	us-gaap	Stock Repurchase Program Expiration Date StockRepurchaseProgramExpirationDate	2018-06-15
CY2016Q2	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	30000000.0
CY2018Q2	us-gaap	Stock Repurchase Program Period In Force1 StockRepurchaseProgramPeriodInForce1	P2Y
CY2018Q2	us-gaap	Stock Repurchase Program Expiration Date StockRepurchaseProgramExpirationDate	2020-06-15
CY2020Q1	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	100000000.0
CY2020Q1	us-gaap	Stock Repurchase Program Expiration Date StockRepurchaseProgramExpirationDate	2023-03-12
	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	1644697
	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	2382155
CY2020Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	61224000
	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	25.70
CY2019Q1	us-gaap	Deferred Offering Costs DeferredOfferingCosts	406143000
CY2019Q1	nxrt	Net Proceeds Form Sale Of Common Stock NetProceedsFormSaleOfCommonStock	27173857000
CY2019Q1	nxrt	Shares Issued Average Price Per Share SharesIssuedAveragePricePerShare	48.52
CY2019Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	28000000000
CY2019Q1	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	560000
CY2019Q1	us-gaap	Sale Of Stock Price Per Share SaleOfStockPricePerShare	50.00
CY2019Q1	us-gaap	Sales Commissions And Fees SalesCommissionsAndFees	420000000
CY2019Q2	us-gaap	Profit Loss ProfitLoss	-1987000
CY2020Q2	nxrt	Net Income Loss Attributable To Redeemable Noncontrolling Interests NetIncomeLossAttributableToRedeemableNoncontrollingInterests	-28000
CY2019Q2	nxrt	Net Income Loss Attributable To Redeemable Noncontrolling Interests NetIncomeLossAttributableToRedeemableNoncontrollingInterests	-6000
	nxrt	Net Income Loss Attributable To Redeemable Noncontrolling Interests NetIncomeLossAttributableToRedeemableNoncontrollingInterests	56000
	nxrt	Net Income Loss Attributable To Redeemable Noncontrolling Interests NetIncomeLossAttributableToRedeemableNoncontrollingInterests	-19000
CY2020Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-9290000
CY2019Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-1981000
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	18665000
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-6341000
CY2019Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	23736000
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	24847000
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	23643000
CY2020Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	24307000
CY2019Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	23736000
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	24847000
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	23643000
CY2020Q2	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	503000
CY2019Q2	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	497000
	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	483000
	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	496000
CY2020Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	24307000
CY2019Q2	nxrt	Weighted Average Number Of Shares Outstanding Excluding Unvested Restricted Stock Units Diluted WeightedAverageNumberOfSharesOutstandingExcludingUnvestedRestrictedStockUnitsDiluted	23736000
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	25330000
	nxrt	Weighted Average Number Of Shares Outstanding Excluding Unvested Restricted Stock Units Diluted WeightedAverageNumberOfSharesOutstandingExcludingUnvestedRestrictedStockUnitsDiluted	23643000
CY2020Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.38
CY2019Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.08
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.75
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.27
CY2020Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.38
CY2019Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.08
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.74
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.27
CY2017Q2	nxrt	Amount Used For Calculation Of Op Units Of Net Asset Value AmountUsedForCalculationOfOPUnitsOfNetAssetValue	2000000.0
CY2017Q3	nxrt	Common Units Transferred To Acquire Ownership Interest In Properties Of Noncontrolling Interest Holders Per Share CommonUnitsTransferredToAcquireOwnershipInterestInPropertiesOfNoncontrollingInterestHoldersPerShare	27.31
CY2019Q4	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	3295000
	us-gaap	Temporary Equity Net Income TemporaryEquityNetIncome	56000
	nxrt	Temporary Equity Other Comprehensive Loss Attributable To Redeemable Noncontrolling Interests In Operating Partnership TemporaryEquityOtherComprehensiveLossAttributableToRedeemableNoncontrollingInterestsInOperatingPartnership	176000
	nxrt	Contributions From Redeemable Noncontrolling Interests On Operating Partnership ContributionsFromRedeemableNoncontrollingInterestsOnOperatingPartnership	84000
	nxrt	Distributions To Redeemable Noncontrolling Interests On Operating Partnership DistributionsToRedeemableNoncontrollingInterestsOnOperatingPartnership	211000
	us-gaap	Minority Interest Change In Redemption Value MinorityInterestChangeInRedemptionValue	-459000
CY2020Q2	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	2589000
	us-gaap	Environmental Exit Costs Anticipated Cost EnvironmentalExitCostsAnticipatedCost	500000

Files In Submission

Name	View Source	Status
0001564590-20-036861-index-headers.html	Edgar Link	pending
0001564590-20-036861-index.html	Edgar Link	pending
0001564590-20-036861.txt	Edgar Link	pending
0001564590-20-036861-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
nxrt-10q_20200630.htm	Edgar Link	pending
nxrt-10q_20200630_htm.xml	Edgar Link	completed
nxrt-20200630.xsd	Edgar Link	pending
nxrt-20200630_cal.xml	Edgar Link	unprocessable
nxrt-20200630_def.xml	Edgar Link	unprocessable
nxrt-20200630_lab.xml	Edgar Link	unprocessable
nxrt-20200630_pre.xml	Edgar Link	unprocessable
nxrt-ex311_8.htm	Edgar Link	pending
nxrt-ex312_7.htm	Edgar Link	pending
nxrt-ex321_6.htm	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
R64.htm	Edgar Link	pending
R65.htm	Edgar Link	pending
R66.htm	Edgar Link	pending
R67.htm	Edgar Link	pending
R68.htm	Edgar Link	pending
R69.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R70.htm	Edgar Link	pending
R71.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

$NXRT
NexPoint Residential Trust, Inc. Stock $nxrt

2020 Q2 Form 10-Q Financial Statement

#000156459020036861 Filed on August 05, 2020

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NXRT NexPoint Residential Trust, Inc. Stock $nxrt

2020 Q2 Form 10-Q Financial Statement

#000156459020036861 Filed on August 05, 2020

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NXRT
NexPoint Residential Trust, Inc. Stock $nxrt