$NXRT
NexPoint Residential Trust Inc Stock $nxrt

$nxrt Overview Financials Valuation SEC Filings Company Website

2022 Q1 Form 10-Q Financial Statement

#000156459022016449 Filed on April 28, 2022

Income Statement

Concept	2022 Q1	2021 Q1
Revenue	$60.79M	$51.80M
YoY Change	17.36%	-1.49%
Cost Of Revenue	$3.600M	$3.350M
YoY Change	7.46%	-2.05%
Gross Profit	$57.19M	$48.44M
YoY Change	18.06%	-1.48%
Gross Profit Margin	94.08%	93.52%
Selling, General & Admin	$26.76M	$24.44M
YoY Change	9.48%	0.66%
% of Gross Profit	46.79%	50.45%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$22.60M	$19.90M
YoY Change	13.57%	7.57%
% of Gross Profit	39.52%	41.08%
Operating Expenses	$50.48M	$45.20M
YoY Change	11.67%	-5.06%
Operating Profit	$5.660M	$3.248M
YoY Change	74.26%	-91.98%
Interest Expense	$10.64M	$10.62M
YoY Change	0.19%	-8.97%
% of Operating Profit	187.92%	326.85%
Other Income/Expense, Net	$181.0K	$470.0K
YoY Change	-61.49%
Pretax Income	-$4.667M	-$6.900M
YoY Change	-32.36%	-124.61%
Income Tax
% Of Pretax Income
Net Earnings	-$4.653M	-$6.879M
YoY Change	-32.36%	-124.61%
Net Earnings / Revenue	-7.65%	-13.28%
Basic Earnings Per Share	-$0.18	-$0.27
Diluted Earnings Per Share	-$0.18	-$0.27
COMMON SHARES
Basic Shares Outstanding	25.62M	25.07M
Diluted Shares Outstanding	25.62M	25.07M

Balance Sheet

Concept	2022 Q1	2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$99.54M	$22.70M
YoY Change	338.49%	-67.34%
Cash & Equivalents	$132.1M	$22.71M
Short-Term Investments
Other Short-Term Assets	$11.63M	$1.600M
YoY Change	626.94%	-56.76%
Inventory
Prepaid Expenses
Receivables	$9.421M	$7.800M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$120.6M	$32.10M
YoY Change	275.67%	-57.93%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.945B	$1.748B
YoY Change	11.26%	1.26%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$32.59M	$29.90M
YoY Change	8.98%	-16.94%
Total Long-Term Assets	$2.036B	$1.778B
YoY Change	14.49%	0.88%
TOTAL ASSETS
Total Short-Term Assets	$120.6M	$32.10M
Total Long-Term Assets	$2.036B	$1.778B
Total Assets	$2.156B	$1.810B
YoY Change	19.12%	-1.56%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$12.54M	$11.00M
YoY Change	13.99%	-16.03%
Accrued Expenses	$2.788M	$2.200M
YoY Change	26.73%	-33.33%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due		$700.0K
YoY Change
Total Short-Term Liabilities	$23.22M	$21.80M
YoY Change	6.53%	-7.23%
LONG-TERM LIABILITIES
Long-Term Debt	$1.609B	$1.345B
YoY Change	19.66%	-1.8%
Other Long-Term Liabilities	$4.800M	$16.70M
YoY Change	-71.26%	-67.51%
Total Long-Term Liabilities	$1.614B	$1.362B
YoY Change	18.55%	-4.17%
TOTAL LIABILITIES
Total Short-Term Liabilities	$23.22M	$21.80M
Total Long-Term Liabilities	$1.614B	$1.362B
Total Liabilities	$1.644B	$1.383B
YoY Change	18.83%	-4.23%
SHAREHOLDERS EQUITY
Retained Earnings		$59.45M
YoY Change		-29.51%
Common Stock		$377.1M
YoY Change		-0.54%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares	$0.00	$0.00
Shareholders Equity	$512.6M	$423.5M
YoY Change
Total Liabilities & Shareholders Equity	$2.156B	$1.810B
YoY Change	19.12%	-1.56%

Cashflow Statement

Concept	2022 Q1	2021 Q1
OPERATING ACTIVITIES
Net Income	-$4.653M	-$6.879M
YoY Change	-32.36%	-124.61%
Depreciation, Depletion And Amortization	$22.60M	$19.90M
YoY Change	13.57%	7.57%
Cash From Operating Activities	$8.682M	$13.74M
YoY Change	-36.83%	20.37%
INVESTING ACTIVITIES
Capital Expenditures	-$9.120M	-$10.77M
YoY Change	-15.32%	-20.81%
Acquisitions
YoY Change
Other Investing Activities	-$1.342M	$3.180M
YoY Change	-142.2%	-96.3%
Cash From Investing Activities	-$10.46M	-$7.587M
YoY Change	37.89%	-110.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$4.138M	-$176.0K
YoY Change	-2451.14%	-100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	45.21M	-10.54M
YoY Change	-528.88%	-78.62%
NET CHANGE
Cash From Operating Activities	8.682M	13.74M
Cash From Investing Activities	-10.46M	-7.587M
Cash From Financing Activities	45.21M	-10.54M
Net Change In Cash	43.43M	-4.384M
YoY Change	-1090.6%	-112.74%
FREE CASH FLOW
Cash From Operating Activities	$8.682M	$13.74M
Capital Expenditures	-$9.120M	-$10.77M
Free Cash Flow	$17.80M	$24.51M
YoY Change	-27.38%	-2.01%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value
CY2022Q1	nxrt	Conversion Ratio Of Operating Partnership Unit To Common Stock ConversionRatioOfOperatingPartnershipUnitToCommonStock	1.00
CY2016Q2	us-gaap	Stock Repurchase Program Period In Force1 StockRepurchaseProgramPeriodInForce1	P2Y
CY2022Q1	nxrt	Conversion Ratio Of Operating Partnership Unit To Common Stock ConversionRatioOfOperatingPartnershipUnitToCommonStock	1.00
CY2021Q1	us-gaap	Other Income OtherIncome	1456000
CY2021Q1	us-gaap	Real Estate Taxes And Insurance RealEstateTaxesAndInsurance	8722000
CY2022Q1	nxrt	Related Party Advisory And Administrative Fees RelatedPartyAdvisoryAndAdministrativeFees	1843000
CY2022Q1	nxrt	Corporate General And Administrative Expenses CorporateGeneralAndAdministrativeExpenses	3486000
CY2021Q1	nxrt	Corporate General And Administrative Expenses CorporateGeneralAndAdministrativeExpenses	2940000
CY2022Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2006000
CY2021Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1559000
CY2022Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	23718000
CY2021Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	20758000
CY2022Q1	us-gaap	Costs And Expenses CostsAndExpenses	55126000
CY2021Q1	us-gaap	Costs And Expenses CostsAndExpenses	48548000
CY2022Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	5660000
CY2021Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	3248000
CY2022Q1	us-gaap	Interest Expense InterestExpense	10636000
CY2021Q1	us-gaap	Interest Expense InterestExpense	10616000
CY2022Q1	us-gaap	Unusual Or Infrequent Item Gain Gross UnusualOrInfrequentItemGainGross	128000
CY2022Q1	nxrt	Miscellaneous Income MiscellaneousIncome	181000
CY2021Q1	nxrt	Miscellaneous Income MiscellaneousIncome	468000
CY2022Q1	us-gaap	Profit Loss ProfitLoss	-4667000
CY2021Q1	us-gaap	Profit Loss ProfitLoss	-6900000
CY2022Q1	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable	-14000
CY2021Q1	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable	-21000
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-4653000
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	-6879000
CY2022Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	54579000
CY2021Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	31342000
CY2022Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	49912000
CY2021Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	24442000
CY2022Q1	nxrt	Comprehensive Income Attributable To Redeemable Non Controlling Interests In Operating Partnership ComprehensiveIncomeAttributableToRedeemableNonControllingInterestsInOperatingPartnership	-150000
CY2021Q1	nxrt	Comprehensive Income Attributable To Redeemable Non Controlling Interests In Operating Partnership ComprehensiveIncomeAttributableToRedeemableNonControllingInterestsInOperatingPartnership	-73000
CY2022Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	49762000
CY2021Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	24369000
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	25620000
CY2021Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	25068000
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	25620000
CY2021Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	25068000
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.18
CY2021Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.27
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.18
CY2021Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.27
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	469845000
CY2022Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	-880000
CY2022Q1	us-gaap	Dividends Common Stock DividendsCommonStock	9976000
CY2022Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	54415000
CY2022Q1	us-gaap	Minority Interest Change In Redemption Value MinorityInterestChangeInRedemptionValue	334000
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	512555000
CY2020Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	407927000
CY2021Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	364000
CY2021Q1	us-gaap	Dividends Common Stock DividendsCommonStock	8776000
CY2021Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	31248000
CY2021Q1	us-gaap	Minority Interest Change In Redemption Value MinorityInterestChangeInRedemptionValue	215000
CY2021Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	423493000
CY2022Q1	us-gaap	Profit Loss ProfitLoss	-4667000
CY2022Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	45208000
CY2021Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-10541000
CY2021Q1	us-gaap	Profit Loss ProfitLoss	-6900000
CY2022Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	23718000
CY2021Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	20758000
CY2022Q1	nxrt	Amortization And Write Off Of Deferred Financing Costs AmortizationAndWriteOffOfDeferredFinancingCosts	565000
CY2021Q1	nxrt	Amortization And Write Off Of Deferred Financing Costs AmortizationAndWriteOffOfDeferredFinancingCosts	571000
CY2022Q1	nxrt	Change In Fair Value On Derivative Instruments Included Interest Expense ChangeInFairValueOnDerivativeInstrumentsIncludedInterestExpense	2384000
CY2021Q1	nxrt	Change In Fair Value On Derivative Instruments Included Interest Expense ChangeInFairValueOnDerivativeInstrumentsIncludedInterestExpense	3663000
CY2022Q1	nxrt	Net Cash Received On Derivative Settlements NetCashReceivedOnDerivativeSettlements	-3646000
CY2021Q1	nxrt	Net Cash Received On Derivative Settlements NetCashReceivedOnDerivativeSettlements	-3618000
CY2022Q1	nxrt	Amortization And Write Off Of Fair Market Value Adjustment Of Assumed Debt AmortizationAndWriteOffOfFairMarketValueAdjustmentOfAssumedDebt	-50000
CY2021Q1	nxrt	Amortization And Write Off Of Fair Market Value Adjustment Of Assumed Debt AmortizationAndWriteOffOfFairMarketValueAdjustmentOfAssumedDebt	-51000
CY2022Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	1248000
CY2021Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	734000
CY2022Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1877000
CY2021Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1608000
CY2021Q1	us-gaap	Proceeds From Insurance Settlement Operating Activities ProceedsFromInsuranceSettlementOperatingActivities	121000
CY2022Q1	nxrt	Gains Losses From Casualty GainsLossesFromCasualty	-94000
CY2021Q1	nxrt	Gains Losses From Casualty GainsLossesFromCasualty	468000
CY2022Q1	us-gaap	Increase Decrease In Operating Assets IncreaseDecreaseInOperatingAssets	6413000
CY2021Q1	us-gaap	Increase Decrease In Operating Assets IncreaseDecreaseInOperatingAssets	-578000
CY2022Q1	us-gaap	Increase Decrease In Operating Liabilities IncreaseDecreaseInOperatingLiabilities	-6428000
CY2021Q1	us-gaap	Increase Decrease In Operating Liabilities IncreaseDecreaseInOperatingLiabilities	-3252000
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	8682000
CY2021Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	13744000
CY2022Q1	nxrt	Prepaid Acquisition Deposits PrepaidAcquisitionDeposits	1615000
CY2022Q1	us-gaap	Proceeds From Insurance Settlement Investing Activities ProceedsFromInsuranceSettlementInvestingActivities	273000
CY2021Q1	us-gaap	Proceeds From Insurance Settlement Investing Activities ProceedsFromInsuranceSettlementInvestingActivities	3178000
CY2022Q1	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	9120000
CY2021Q1	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	10765000
CY2022Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-10462000
CY2021Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-7587000
CY2022Q1	us-gaap	Proceeds From Repayments Of Secured Debt ProceedsFromRepaymentsOfSecuredDebt	-381000
CY2021Q1	us-gaap	Proceeds From Repayments Of Secured Debt ProceedsFromRepaymentsOfSecuredDebt	-198000
CY2022Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	55000000
CY2022Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	415000
CY2022Q1	us-gaap	Payments For Derivative Instrument Financing Activities PaymentsForDerivativeInstrumentFinancingActivities	10000
CY2022Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	4138000
CY2021Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	-176000
CY2022Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	2757000
CY2021Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	1244000
CY2022Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	10367000
CY2021Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	8923000
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	43428000
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-4384000
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	88696000
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	57015000
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	132124000
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	52631000
CY2022Q1	us-gaap	Interest Paid Net InterestPaidNet	7442000
CY2021Q1	us-gaap	Interest Paid Net InterestPaidNet	6489000
CY2022Q1	us-gaap	Construction In Progress Expenditures Incurred But Not Yet Paid ConstructionInProgressExpendituresIncurredButNotYetPaid	2846000
CY2021Q1	us-gaap	Construction In Progress Expenditures Incurred But Not Yet Paid ConstructionInProgressExpendituresIncurredButNotYetPaid	2237000
CY2022Q1	nxrt	Decrease In Dividends Payable Upon Vesting Of Restricted Stock Units DecreaseInDividendsPayableUponVestingOfRestrictedStockUnits	-391000
CY2021Q1	nxrt	Decrease In Dividends Payable Upon Vesting Of Restricted Stock Units DecreaseInDividendsPayableUponVestingOfRestrictedStockUnits	-147000
CY2022Q1	nxrt	Non Cash Or Part Non Cash Write Off Of Assets Due To Casualty Losses NonCashOrPartNonCashWriteOffOfAssetsDueToCasualtyLosses	1904000
CY2021Q1	nxrt	Non Cash Or Part Non Cash Write Off Of Assets Due To Casualty Losses NonCashOrPartNonCashWriteOffOfAssetsDueToCasualtyLosses	2028000
CY2022Q1	nxrt	Non Cash Or Part Non Cash Write Off Of Fully Amortized In Place Leases NonCashOrPartNonCashWriteOffOfFullyAmortizedInPlaceLeases	1200000
CY2022Q1	dei	Entity Incorporation Date Of Incorporation EntityIncorporationDateOfIncorporation	2014-09-19
CY2022Q1	us-gaap	Units Of Partnership Interest Amount UnitsOfPartnershipInterestAmount	23819402
CY2022Q1	nxrt	Limited Partner Units Owned LimitedPartnerUnitsOwned	23746169
CY2022Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2016Q2	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	30000000.0
CY2022Q1	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
CY2018Q2	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	40000.0
CY2022Q1	us-gaap	Derivative Average Cap Interest Rate DerivativeAverageCapInterestRate	0.0479
CY2022Q1	us-gaap	Area Of Real Estate Property AreaOfRealEstateProperty	13391000
CY2022Q1	us-gaap	Number Of Units In Real Estate Property NumberOfUnitsInRealEstateProperty	14825
CY2022Q1	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0
CY2022Q1	nxrt	Number Of Properties Held For Sale NumberOfPropertiesHeldForSale	0
CY2022Q1	nxrt	Minimum Percentage Of Distributed Taxable Income To Qualify As Reit MinimumPercentageOfDistributedTaxableIncomeToQualifyAsREIT	0.90
CY2022Q1	nxrt	Percentage Of Non Deductible Excise Tax On Distribution PercentageOfNonDeductibleExciseTaxOnDistribution	0.04
CY2022Q1	nxrt	Percentage Of Ordinary Income Considered For Payment Of Distribution PercentageOfOrdinaryIncomeConsideredForPaymentOfDistribution	0.85
CY2022Q1	nxrt	Percentage Of Capital Gain Net Income Considered For Payment Of Distribution PercentageOfCapitalGainNetIncomeConsideredForPaymentOfDistribution	0.95
CY2022Q1	nxrt	Percentage Of Undistributed Income Of Prior Considered For Payment Of Distribution PercentageOfUndistributedIncomeOfPriorConsideredForPaymentOfDistribution	1
CY2022Q1	us-gaap	Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued	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	100000.0
CY2020Q1	us-gaap	Stock Repurchase Program Expiration Date StockRepurchaseProgramExpirationDate	2023-03-12
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.18
CY2021Q1	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
CY2022Q1	nxrt	Ownership Percentage Of Wholly Owned Subsidiary OwnershipPercentageOfWhollyOwnedSubsidiary	1
CY2022Q1	nxrt	Number Of Wholly Owned Subsidiaries NumberOfWhollyOwnedSubsidiaries	39
CY2022Q1	nxrt	Ownership Percentage Of Wholly Owned Subsidiary OwnershipPercentageOfWhollyOwnedSubsidiary	1
CY2021Q4	nxrt	Ownership Percentage Of Wholly Owned Subsidiary OwnershipPercentageOfWhollyOwnedSubsidiary	1
CY2022Q1	us-gaap	Depreciation Depreciation	22600000
CY2021Q1	us-gaap	Depreciation Depreciation	19900000
CY2022Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1100000
CY2021Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	800000
CY2022Q1	nxrt	Number Of Properties Acquired NumberOfPropertiesAcquired	0
CY2021Q1	nxrt	Number Of Properties Acquired NumberOfPropertiesAcquired	0
CY2021Q1	nxrt	Number Of Properties Sold NumberOfPropertiesSold	0
CY2022Q1	nxrt	Number Of Properties Sold NumberOfPropertiesSold	0
CY2022Q1	us-gaap	Accumulated Amortization Deferred Finance Costs AccumulatedAmortizationDeferredFinanceCosts	5433000
CY2022Q1	us-gaap	Line Of Credit Facility Description LineOfCreditFacilityDescription	(a) the prime rate, (b) the federal funds rate plus 0.50%, (c) Term SOFR plus 1.0% or (d) 0.0% plus a margin of 0.90% to 1.40%, depending on the Company’s total leverage ratio. An unused commitment fee at a rate of 0.15% or 0.25%
CY2022Q1	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	0
CY2021Q1	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	0
	us-gaap	Treasury Stock Shares Acquired TreasuryStockSharesAcquired	2382155
CY2022Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2022Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	1040000
CY2022Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	21047000
CY2022Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	729956000
CY2022Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	205662000
CY2022Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	423149000
CY2022Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive	234911000
CY2022Q1	us-gaap	Long Term Debt LongTermDebt	1615765000
CY2022Q1	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	59803000
CY2021Q4	us-gaap	Derivative Fair Value Of Derivative Asset DerivativeFairValueOfDerivativeAsset	11308000
CY2022Q1	us-gaap	Derivative Asset Fair Value Gross Liability DerivativeAssetFairValueGrossLiability	246000
CY2021Q4	us-gaap	Derivative Asset Fair Value Gross Liability DerivativeAssetFairValueGrossLiability	7519000
CY2022Q1	us-gaap	Minority Interest Change In Redemption Value MinorityInterestChangeInRedemptionValue	334000
CY2022Q1	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0
CY2021Q1	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0
CY2022Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	25700190
CY2022Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	25700190
	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	61200000
	us-gaap	Treasury Stock Acquired Average Cost Per Share TreasuryStockAcquiredAverageCostPerShare	25.70
CY2022Q1	us-gaap	Treasury Stock Shares Retired TreasuryStockSharesRetired	0
CY2021Q1	us-gaap	Treasury Stock Shares Retired TreasuryStockSharesRetired	0
CY2022Q1	us-gaap	Treasury Stock Shares TreasuryStockShares	0
CY2021Q1	us-gaap	Treasury Stock Shares TreasuryStockShares	0
CY2022Q1	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	6614000
CY2022Q1	nxrt	Potential Commitments PotentialCommitments	4000000.0
CY2020Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	62310967000
CY2020Q1	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	1120910
CY2020Q1	us-gaap	Sale Of Stock Price Per Share SaleOfStockPricePerShare	55.59
CY2020Q1	us-gaap	Sales Commissions And Fees SalesCommissionsAndFees	934665000
CY2020Q1	us-gaap	Deferred Offering Costs DeferredOfferingCosts	1184340000
CY2020Q1	nxrt	Net Proceeds Form Sale Of Common Stock NetProceedsFormSaleOfCommonStock	60191962000
CY2020Q1	nxrt	Shares Issued Average Price Per Share SharesIssuedAveragePricePerShare	53.70
CY2022Q1	us-gaap	Profit Loss ProfitLoss	-4667000
CY2021Q1	us-gaap	Profit Loss ProfitLoss	-6900000
CY2022Q1	nxrt	Net Income Loss Attributable To Redeemable Noncontrolling Interests NetIncomeLossAttributableToRedeemableNoncontrollingInterests	-14000
CY2021Q1	nxrt	Net Income Loss Attributable To Redeemable Noncontrolling Interests NetIncomeLossAttributableToRedeemableNoncontrollingInterests	-21000
CY2022Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-4653000
CY2021Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-6879000
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	25620000
CY2021Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	25068000
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	25620000
CY2021Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	25068000
CY2022Q1	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	573000
CY2021Q1	us-gaap	Weighted Average Number Of Shares Restricted Stock WeightedAverageNumberOfSharesRestrictedStock	582000
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	25620000
CY2021Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	25068000
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.18
CY2021Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.27
CY2021Q4	us-gaap	Redeemable Noncontrolling Interest Equity Carrying Amount RedeemableNoncontrollingInterestEquityCarryingAmount	6139000
CY2022Q1	us-gaap	Temporary Equity Net Income TemporaryEquityNetIncome	-14000
CY2022Q1	nxrt	Temporary Equity Other Comprehensive Income Attributable To Redeemable Noncontrolling Interests In Operating Partnership TemporaryEquityOtherComprehensiveIncomeAttributableToRedeemableNoncontrollingInterestsInOperatingPartnership	164000
CY2022Q1	nxrt	Distributions To Redeemable Noncontrolling Interests On Operating Partnership DistributionsToRedeemableNoncontrollingInterestsOnOperatingPartnership	9000
CY2022Q1	us-gaap	Liability For Asbestos And Environmental Claims Net Incurred Loss1 LiabilityForAsbestosAndEnvironmentalClaimsNetIncurredLoss1	0

Files In Submission

Name	View Source	Status
0001564590-22-016449-index-headers.html	Edgar Link	pending
0001564590-22-016449-index.html	Edgar Link	pending
0001564590-22-016449.txt	Edgar Link	pending
0001564590-22-016449-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
nxrt-10q_20220331.htm	Edgar Link	pending
nxrt-10q_20220331_htm.xml	Edgar Link	completed
nxrt-20220331.xsd	Edgar Link	pending
nxrt-20220331_cal.xml	Edgar Link	unprocessable
nxrt-20220331_def.xml	Edgar Link	unprocessable
nxrt-20220331_lab.xml	Edgar Link	unprocessable
nxrt-20220331_pre.xml	Edgar Link	unprocessable
nxrt-ex102_127.htm	Edgar Link	pending
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$NXRT
NexPoint Residential Trust Inc Stock $nxrt

2022 Q1 Form 10-Q Financial Statement

#000156459022016449 Filed on April 28, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

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$NXRT NexPoint Residential Trust Inc Stock $nxrt

2022 Q1 Form 10-Q Financial Statement

#000156459022016449 Filed on April 28, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NXRT
NexPoint Residential Trust Inc Stock $nxrt