2018 Q4 Form 10-Q Financial Statement
#000159552718000017 Filed on November 14, 2018
Income Statement
Concept | 2018 Q4 | 2018 Q3 | 2017 Q3 |
---|---|---|---|
Revenue | $16.23M | $15.74M | $14.48M |
YoY Change | 9.53% | 8.75% | 0.47% |
Cost Of Revenue | $9.120M | $8.830M | |
YoY Change | |||
Gross Profit | $7.120M | $6.910M | |
YoY Change | |||
Gross Profit Margin | 43.86% | 43.9% | |
Selling, General & Admin | $1.170M | $2.260M | |
YoY Change | |||
% of Gross Profit | 16.43% | 32.71% | |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $7.270M | $7.130M | |
YoY Change | |||
% of Gross Profit | 102.11% | 103.18% | |
Operating Expenses | $8.430M | $18.22M | $17.55M |
YoY Change | 3.77% | 6.74% | |
Operating Profit | -$1.310M | -$2.475M | -$3.079M |
YoY Change | -19.62% | 51.08% | |
Interest Expense | -$3.410M | $3.501M | $2.866M |
YoY Change | 22.16% | 20.07% | |
% of Operating Profit | |||
Other Income/Expense, Net | -$3.390M | -$2.798M | |
YoY Change | 21.16% | 20.03% | |
Pretax Income | -$5.130M | -$5.870M | |
YoY Change | |||
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$5.134M | -$5.865M | -$5.877M |
YoY Change | -27.16% | -0.2% | 34.52% |
Net Earnings / Revenue | -31.63% | -37.26% | -40.6% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$402.4K | -$460.4K | |
COMMON SHARES | |||
Basic Shares Outstanding | 30.99M shares | 31.35M shares | 31.02M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2018 Q4 | 2018 Q3 | 2017 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $48.00M | $64.10M | |
YoY Change | |||
Cash & Equivalents | $47.95M | $64.06M | $30.47M |
Short-Term Investments | |||
Other Short-Term Assets | $26.00M | $22.60M | |
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $74.00M | $86.70M | |
YoY Change | |||
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $684.3M | $672.6M | |
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $15.50M | $12.80M | |
YoY Change | |||
Total Long-Term Assets | $699.7M | $685.4M | |
YoY Change | |||
TOTAL ASSETS | |||
Total Short-Term Assets | $74.00M | $86.70M | |
Total Long-Term Assets | $699.7M | $685.4M | |
Total Assets | $773.7M | $772.1M | $775.3M |
YoY Change | 1.75% | -0.41% | -1.27% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $11.10M | $13.90M | |
YoY Change | |||
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | |
YoY Change | |||
Long-Term Debt Due | $0.00 | $0.00 | |
YoY Change | |||
Total Short-Term Liabilities | $11.10M | $13.90M | |
YoY Change | |||
LONG-TERM LIABILITIES | |||
Long-Term Debt | $291.7M | $281.8M | |
YoY Change | |||
Other Long-Term Liabilities | $27.30M | $27.50M | |
YoY Change | |||
Total Long-Term Liabilities | $319.0M | $309.3M | |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $11.10M | $13.90M | |
Total Long-Term Liabilities | $319.0M | $309.3M | |
Total Liabilities | $330.1M | $323.2M | $279.2M |
YoY Change | 18.32% | 15.75% | 20.01% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$242.4M | -$237.3M | -$191.6M |
YoY Change | 15.09% | 23.82% | 55.39% |
Common Stock | $310.0K | $310.0K | $312.0K |
YoY Change | -1.27% | -0.64% | 1.96% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $443.7M | $448.9M | $496.0M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $773.7M | $772.1M | $775.3M |
YoY Change | 1.75% | -0.41% | -1.27% |
Cashflow Statement
Concept | 2018 Q4 | 2018 Q3 | 2017 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$5.134M | -$5.865M | -$5.877M |
YoY Change | -27.16% | -0.2% | 34.52% |
Depreciation, Depletion And Amortization | $7.270M | $7.130M | |
YoY Change | |||
Cash From Operating Activities | -$2.880M | -$1.340M | |
YoY Change | |||
INVESTING ACTIVITIES | |||
Capital Expenditures | -$8.840M | -$3.840M | |
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | $0.00 | |
YoY Change | |||
Cash From Investing Activities | -$8.840M | -$3.840M | |
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $2.700M | ||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -3.270M | -2.720M | |
YoY Change | |||
NET CHANGE | |||
Cash From Operating Activities | -2.880M | -1.340M | |
Cash From Investing Activities | -8.840M | -3.840M | |
Cash From Financing Activities | -3.270M | -2.720M | |
Net Change In Cash | -14.99M | -7.900M | |
YoY Change | |||
FREE CASH FLOW | |||
Cash From Operating Activities | -$2.880M | -$1.340M | |
Capital Expenditures | -$8.840M | -$3.840M | |
Free Cash Flow | $5.960M | $2.500M | |
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2018 | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2018-09-30 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
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Entity Central Index Key
EntityCentralIndexKey
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0001595527 | ||
CY2018Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
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Entity Emerging Growth Company
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true | ||
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Entity Ex Transition Period
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Entity Filer Category
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EntityRegistrantName
|
AMERICAN REALTY CAPITAL NEW YORK CITY REIT, INC. | ||
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EntitySmallBusiness
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true | ||
nycr |
Accretionand Amortizationof Belowand Above Market Lease Intangible Assetsand Liabilities
AccretionandAmortizationofBelowandAboveMarketLeaseIntangibleAssetsandLiabilities
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1570000 | USD | |
nycr |
Accretionand Amortizationof Belowand Above Market Lease Intangible Assetsand Liabilities
AccretionandAmortizationofBelowandAboveMarketLeaseIntangibleAssetsandLiabilities
|
1557000 | USD | |
CY2018Q3 | nycr |
Aggregate Purchase Priceof Real Estate
AggregatePurchasePriceofRealEstate
|
686100000 | USD |
CY2017Q3 | nycr |
Asset And Property Management Fees To Related Parties
AssetAndPropertyManagementFeesToRelatedParties
|
1515000 | USD |
nycr |
Asset And Property Management Fees To Related Parties
AssetAndPropertyManagementFeesToRelatedParties
|
4566000 | USD | |
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Asset And Property Management Fees To Related Parties
AssetAndPropertyManagementFeesToRelatedParties
|
1532000 | USD |
nycr |
Asset And Property Management Fees To Related Parties
AssetAndPropertyManagementFeesToRelatedParties
|
4633000 | USD | |
CY2017Q4 | nycr |
Buildings Fixturesand Improvements
BuildingsFixturesandImprovements
|
514459000 | USD |
CY2018Q3 | nycr |
Buildings Fixturesand Improvements
BuildingsFixturesandImprovements
|
521186000 | USD |
nycr |
Noncashor Part Noncash Accrued Capital Expenditures
NoncashorPartNoncashAccruedCapitalExpenditures
|
140000 | USD | |
nycr |
Noncashor Part Noncash Accrued Capital Expenditures
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|
628000 | USD | |
nycr |
Noncashor Part Noncash Accrued Repurchase Requests
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0 | USD | |
nycr |
Noncashor Part Noncash Accrued Repurchase Requests
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|
2950000 | USD | |
nycr |
Noncashor Part Noncash Distributions Payable
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|
3873000 | USD | |
nycr |
Noncashor Part Noncash Distributions Payable
NoncashorPartNoncashDistributionsPayable
|
0 | USD | |
nycr |
Noncashor Part Noncash Mortgage Notes Proceeds Classifiedas Restricted Cash
NoncashorPartNoncashMortgageNotesProceedsClassifiedasRestrictedCash
|
24820000 | USD | |
nycr |
Noncashor Part Noncash Mortgage Notes Proceeds Classifiedas Restricted Cash
NoncashorPartNoncashMortgageNotesProceedsClassifiedasRestrictedCash
|
2539000 | USD | |
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Operating Lease Income Statement Real Estate Expense Reimbursement From Tenants
OperatingLeaseIncomeStatementRealEstateExpenseReimbursementFromTenants
|
1130000 | USD |
nycr |
Operating Lease Income Statement Real Estate Expense Reimbursement From Tenants
OperatingLeaseIncomeStatementRealEstateExpenseReimbursementFromTenants
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3554000 | USD | |
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Operating Lease Income Statement Real Estate Expense Reimbursement From Tenants
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nycr |
Operating Lease Income Statement Real Estate Expense Reimbursement From Tenants
OperatingLeaseIncomeStatementRealEstateExpenseReimbursementFromTenants
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3909000 | USD | |
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Other Comprehensive Income Loss Reversalof Accumulated Unrealized Gainon Investment Securities Netof Tax
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Other Comprehensive Income Loss Reversalof Accumulated Unrealized Gainon Investment Securities Netof Tax
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Other Comprehensive Income Loss Reversalof Accumulated Unrealized Gainon Investment Securities Netof Tax
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Other Comprehensive Income Loss Reversalof Accumulated Unrealized Gainon Investment Securities Netof Tax
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Secured Debt Netof Deferred Financing Costs
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Secured Debt Netof Deferred Financing Costs
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|
281757000 | USD |
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Share Repurchase Program Shares Authorized Percentof Weighted Average Outstanding Stock For Fiscal Semester
ShareRepurchaseProgramSharesAuthorizedPercentofWeightedAverageOutstandingStockForFiscalSemester
|
0.025 | |
CY2018Q3 | nycr |
Share Repurchase Program Shares Authorized Percentof Weighted Average Outstanding Stock For Fiscal Year
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|
0.05 | |
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Sharebased Compensation Arrangementby Sharebased Payment Award Shares Issuedin Period In Lieu Of Cash
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Stock Repurchased Cumulative Shares
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Weighted Average Price Per Share Cumulative Shares Repurchased
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|
22.48 | |
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Weighted Average Price Per Share Cumulative Shares Repurchased
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22.03 | |
nycr |
Weighted Average Price Per Share Shares Repurchased During Period
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|
20.26 | ||
CY2018Q1 | nycr |
Weighted Average Price Per Share Shares Repurchased During Period
WeightedAveragePricePerShareSharesRepurchasedDuringPeriod
|
20.26 | |
CY2017Q1 | nycr |
Weighted Average Price Per Share Shares Repurchased During Period
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|
20.15 | |
CY2017Q2 | nycr |
Weighted Average Price Per Share Shares Repurchased During Period
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|
23.68 | |
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Weighted Average Price Per Share Shares Repurchased During Period
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nycr |
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Accounts Payable And Accrued Liabilities Current And Noncurrent
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Additional Paid In Capital
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Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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Amortization Of Financing Costs
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Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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Assets
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Assets
Assets
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Available For Sale Securities Gross Realized Gain Loss Net
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|
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Available For Sale Securities Gross Realized Gain Loss Net
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Available For Sale Securities Gross Realized Gain Loss Net
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|
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us-gaap |
Available For Sale Securities Gross Realized Gain Loss Net
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|
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|
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Below Market Lease Accumulated Amortization
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|
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Below Market Lease Gross
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Below Market Lease Net
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Business Combination Acquisition Related Costs
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Business Combination Acquisition Related Costs
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Business Combination Acquisition Related Costs
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Common Stock Dividends Per Share Declared
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|
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|
0.39 | |
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1.13 | ||
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0.24 | ||
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Common Stock Par Or Stated Value Per Share
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0.01 | |
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Common Stock Par Or Stated Value Per Share
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0.01 | |
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Common Stock Shares Authorized
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Common Stock Shares Authorized
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Common Stock Shares Issued
CommonStockSharesIssued
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Common Stock Shares Issued
CommonStockSharesIssued
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30990448 | shares |
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Common Stock Shares Outstanding
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Common Stock Shares Outstanding
CommonStockSharesOutstanding
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Common Stock Shares Outstanding
CommonStockSharesOutstanding
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30990448 | shares |
CY2018Q3 | us-gaap |
Common Stock Shares Outstanding
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Common Stock Value
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|
314000 | USD |
CY2018Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
310000 | USD |
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Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-16035000 | USD | |
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Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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-5865000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-18978000 | USD | |
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Debt Instrument Collateral Amount
DebtInstrumentCollateralAmount
|
535700000 | USD |
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Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
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6646000 | USD |
CY2018Q3 | us-gaap |
Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
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7057000 | USD |
CY2017Q4 | us-gaap |
Deferred Revenue Leases Gross
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5255000 | USD |
CY2018Q3 | us-gaap |
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5477000 | USD |
CY2017Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
7125000 | USD |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
21349000 | USD | |
CY2018Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
7128000 | USD |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
22421000 | USD | |
CY2017Q3 | us-gaap |
Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
|
6848000 | USD |
us-gaap |
Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
|
19882000 | USD | |
CY2018Q3 | us-gaap |
Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
|
7295000 | USD |
us-gaap |
Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
|
20839000 | USD | |
us-gaap |
Dividends
Dividends
|
7671000 | USD | |
CY2017Q4 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
4035000 | USD |
CY2018Q3 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
0 | USD |
CY2017Q4 | us-gaap |
Due From Affiliates
DueFromAffiliates
|
39000 | USD |
CY2018Q3 | us-gaap |
Due From Affiliates
DueFromAffiliates
|
33000 | USD |
CY2017Q4 | us-gaap |
Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
|
568000 | USD |
CY2018Q3 | us-gaap |
Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
|
280000 | USD |
CY2017Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.19 | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.52 | ||
CY2018Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.19 | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.61 | ||
CY2017Q4 | us-gaap |
Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
|
105954000 | USD |
CY2018Q3 | us-gaap |
Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
|
100954000 | USD |
CY2017Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
28945000 | USD |
CY2018Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
33892000 | USD |
CY2017Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
105954000 | USD |
CY2018Q3 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
100954000 | USD |
CY2017Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
77009000 | USD |
CY2018Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
67062000 | USD |
CY2017Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2066000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
5634000 | USD | |
CY2018Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2261000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
7805000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
3901000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-1064000 | USD | |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
2533000 | USD | |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
222000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
7236000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
5885000 | USD | |
CY2017Q3 | us-gaap |
Interest Expense
InterestExpense
|
2866000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
8365000 | USD | |
CY2018Q3 | us-gaap |
Interest Expense
InterestExpense
|
3501000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
9684000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
6976000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
8952000 | USD | |
CY2017Q3 | us-gaap |
Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
|
68000 | USD |
us-gaap |
Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
|
190000 | USD | |
CY2018Q3 | us-gaap |
Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
|
111000 | USD |
us-gaap |
Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
|
239000 | USD | |
CY2017Q4 | us-gaap |
Land
Land
|
133380000 | USD |
CY2018Q3 | us-gaap |
Land
Land
|
133380000 | USD |
CY2017Q4 | us-gaap |
Liabilities
Liabilities
|
278966000 | USD |
CY2018Q3 | us-gaap |
Liabilities
Liabilities
|
323208000 | USD |
CY2017Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
760450000 | USD |
CY2018Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
772078000 | USD |
CY2018Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
|
289000000 | USD |
CY2018Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
0 | USD |
CY2018Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
0 | USD |
CY2018Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
0 | USD |
CY2018Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
0 | USD |
CY2018Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
0 | USD |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
12834000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
32873000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-7593000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-6099000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
3928000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-4195000 | USD | |
CY2017Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5877000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-16025000 | USD | |
CY2018Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5865000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-18978000 | USD | |
CY2018Q3 | us-gaap |
Net Rentable Area
NetRentableArea
|
1100000 | sqft |
CY2017Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-2798000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-8151000 | USD | |
CY2018Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-3390000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-9445000 | USD | |
CY2018Q3 | us-gaap |
Number Of Real Estate Properties
NumberOfRealEstateProperties
|
6 | property |
CY2017Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
17554000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
51437000 | USD | |
CY2018Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
18216000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
55699000 | USD | |
CY2017Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-3079000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-7874000 | USD | |
CY2018Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2475000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-9533000 | USD | |
CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
236909000 | USD |
CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
4746000 | USD |
CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
4746000 | USD |
CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
4746000 | USD |
CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
4746000 | USD |
CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
216738000 | USD |
CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
|
335954000 | USD |
CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
|
38713000 | USD |
CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
|
42202000 | USD |
CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
|
46649000 | USD |
CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
|
50391000 | USD |
CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsReceivableRemainderOfFiscalYear
|
12668000 | USD |
CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
|
145331000 | USD |
CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
|
1187000 | USD |
CY2017Q3 | us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
13345000 | USD |
us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
40009000 | USD | |
CY2018Q3 | us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
14237000 | USD |
us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
42257000 | USD | |
CY2017Q3 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
1200000 | USD |
us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
3600000 | USD | |
CY2018Q3 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
1200000 | USD |
us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
3600000 | USD | |
us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
8084000 | USD | |
us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
6099000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
7337000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
7319000 | USD | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
20898000 | USD | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
7475000 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
2931000 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
2333000 | USD | |
CY2017Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2018Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2017Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000000 | shares |
CY2018Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000000 | shares |
CY2017Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2018Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2017Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2018Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2017Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2018Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2017Q4 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
17721000 | USD |
CY2018Q3 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
22589000 | USD |
CY2018Q2 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
2400000 | USD |
CY2018Q3 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
2700000 | USD |
CY2018Q3 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
776000000 | USD |
CY2018Q3 | us-gaap |
Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
|
68800000 | USD |
us-gaap |
Proceeds From Sale Of Available For Sale Securities Equity
ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
|
491000 | USD | |
us-gaap |
Proceeds From Sale Of Available For Sale Securities Equity
ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
|
0 | USD | |
us-gaap |
Proceeds From Secured Notes Payable
ProceedsFromSecuredNotesPayable
|
140000000 | USD | |
us-gaap |
Proceeds From Secured Notes Payable
ProceedsFromSecuredNotesPayable
|
50000000 | USD | |
CY2017Q4 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
64926000 | USD |
CY2018Q3 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
82883000 | USD |
CY2017Q4 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
753793000 | USD |
CY2018Q3 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
755520000 | USD |
CY2017Q4 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
688867000 | USD |
CY2018Q3 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
672637000 | USD |
CY2017Q4 | us-gaap |
Related Party Transaction Due From To Related Party
RelatedPartyTransactionDueFromToRelatedParty
|
-529000 | USD |
CY2018Q3 | us-gaap |
Related Party Transaction Due From To Related Party
RelatedPartyTransactionDueFromToRelatedParty
|
-247000 | USD |
CY2017Q3 | us-gaap |
Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
|
2564000 | USD |
us-gaap |
Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
|
8440000 | USD | |
CY2018Q3 | us-gaap |
Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
|
2746000 | USD |
us-gaap |
Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
|
8686000 | USD | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
96000000 | USD | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
0 | USD | |
CY2017Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
7618000 | USD |
CY2018Q3 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
5734000 | USD |
CY2017Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-210605000 | USD |
CY2018Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-237254000 | USD |
CY2017Q3 | us-gaap |
Revenues
Revenues
|
14475000 | USD |
us-gaap |
Revenues
Revenues
|
43563000 | USD | |
CY2018Q3 | us-gaap |
Revenues
Revenues
|
15741000 | USD |
us-gaap |
Revenues
Revenues
|
46166000 | USD | |
CY2018Q1 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
17.03 | |
CY2018Q2 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
12.95 | |
CY2018Q3 | us-gaap |
Secured Debt
SecuredDebt
|
289000000 | USD |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
36000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
73000 | USD | |
CY2018Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
140000 | shares |
CY2018Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
139993 | shares |
CY2018Q2 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
500000 | shares |
CY2018Q3 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
210014 | shares |
us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
14170000 | USD | |
us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
4231000 | USD | |
us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
99131 | shares | |
CY2018Q1 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
10183 | shares |
CY2017Q1 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
276624 | shares |
CY2017Q2 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
578 | shares |
CY2017Q3 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
82256 | shares |
us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
254941 | shares | |
us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
2000000 | USD | |
CY2018Q1 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
200000 | USD |
CY2017Q1 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
5600000 | USD |
CY2017Q2 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
13700 | USD |
CY2017Q3 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
1700000 | USD |
us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
10269000 | USD | |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
481484000 | USD |
CY2018Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
448870000 | USD |
CY2017Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
31106250 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
30956152 | shares | |
CY2018Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
31180373 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
31313567 | shares | |
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The presentation of prior year restricted cash on the Company’s consolidated statements of cash flows has been changed to conform to the current year presentation. The change in the current year presentation relates to the adoption of accounting standards update (“ASU”) No. 2016-18, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Statement of Cash Flows (Topic 230): Restricted Cash</font><font style="font-family:inherit;font-size:10pt;">, which was adopted by the Company effective December 31, 2017.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;"></font></div></div> |