2021 Q4 Form 10-Q Financial Statement

#000159552721000027 Filed on November 12, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q3
Revenue $24.21M $300.0K $17.00M
YoY Change 145.52% -98.23% -8.83%
Cost Of Revenue $10.21M $9.891M $10.18M
YoY Change -3.74% -2.84% 1.9%
Gross Profit $14.00M $5.957M $6.820M
YoY Change -1966.0% -12.65% -21.25%
Gross Profit Margin 57.81% 1985.67% 40.12%
Selling, General & Admin $4.223M $4.005M $2.950M
YoY Change 6.64% 35.76% 145.83%
% of Gross Profit 30.18% 67.23% 43.26%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $7.657M $7.851M $8.640M
YoY Change -0.3% -9.13% 10.77%
% of Gross Profit 54.71% 131.79% 126.69%
Operating Expenses $11.88M $11.86M $11.59M
YoY Change 2.15% 2.3% -38.97%
Operating Profit $2.115M -$6.312M -$7.218M
YoY Change -117.08% -12.55% 1968.19%
Interest Expense -$4.811M $4.803M $5.089M
YoY Change 13.74% -5.62% 8.72%
% of Operating Profit -227.47%
Other Income/Expense, Net $3.000K -$4.798M -$5.070M
YoY Change -70.0% -5.36% 13.68%
Pretax Income -$3.732M -$11.11M -$12.29M
YoY Change -77.52% -9.59% 155.47%
Income Tax $23.00K $14.00K $0.00
% Of Pretax Income
Net Earnings -$3.755M -$11.12M -$12.29M
YoY Change -77.38% -9.47% 155.52%
Net Earnings / Revenue -15.51% -3708.0% -72.3%
Basic Earnings Per Share -$0.85 -$0.96
Diluted Earnings Per Share -$283.3K -$0.85 -$0.96
COMMON SHARES
Basic Shares Outstanding 13.28M shares 13.09M shares 12.77M shares
Diluted Shares Outstanding 13.09M shares 12.77M shares

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $11.67M $23.17M $39.10M
YoY Change -62.34% -40.74% -27.32%
Cash & Equivalents $11.67M $23.17M $39.09M
Short-Term Investments
Other Short-Term Assets $9.293M $7.398M $11.10M
YoY Change -28.52% -33.35% 65.67%
Inventory
Prepaid Expenses
Receivables $25.84M $24.82M $25.20M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $46.81M $55.38M $75.40M
YoY Change -29.19% -26.55% -7.03%
LONG-TERM ASSETS
Property, Plant & Equipment $749.9M $756.1M $783.2M
YoY Change -3.4% -3.46% -3.44%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $26.31M $20.67M $19.30M
YoY Change 34.9% 7.1% 13.53%
Total Long-Term Assets $776.2M $776.8M $802.6M
YoY Change -2.45% -3.21% -3.1%
TOTAL ASSETS
Total Short-Term Assets $46.81M $55.38M $75.40M
Total Long-Term Assets $776.2M $776.8M $802.6M
Total Assets $823.1M $832.1M $878.0M
YoY Change -4.5% -5.22% -3.45%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.131M $6.535M $6.800M
YoY Change 17.84% -3.9% -4.23%
Accrued Expenses $54.77M $54.78M $54.80M
YoY Change -0.05% -0.03% -0.18%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $62.90M $61.32M $61.60M
YoY Change 1.95% -0.46% -0.65%
LONG-TERM LIABILITIES
Long-Term Debt $398.1M $397.7M $396.2M
YoY Change 0.38% 0.39% 0.41%
Other Long-Term Liabilities $10.90M $19.48M $23.70M
YoY Change -50.47% -17.82% -9.2%
Total Long-Term Liabilities $409.0M $417.2M $419.9M
YoY Change -2.29% -0.64% -0.19%
TOTAL LIABILITIES
Total Short-Term Liabilities $62.90M $61.32M $61.60M
Total Long-Term Liabilities $409.0M $417.2M $419.9M
Total Liabilities $471.9M $478.5M $481.6M
YoY Change -1.74% -0.63% -0.23%
SHAREHOLDERS EQUITY
Retained Earnings -$350.7M -$345.6M -$288.6M
YoY Change 14.65% 19.73% 12.05%
Common Stock $133.0K $133.0K $129.0K
YoY Change 3.1% 3.1% -58.39%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $339.0M $343.6M $394.5M
YoY Change
Total Liabilities & Shareholders Equity $823.1M $832.1M $878.0M
YoY Change -4.5% -5.22% -3.45%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income -$3.755M -$11.12M -$12.29M
YoY Change -77.38% -9.47% 155.52%
Depreciation, Depletion And Amortization $7.657M $7.851M $8.640M
YoY Change -0.3% -9.13% 10.77%
Cash From Operating Activities -$3.605M $1.086M -$1.890M
YoY Change -52.31% -157.46% 5.59%
INVESTING ACTIVITIES
Capital Expenditures -$1.377M -$884.0K -$1.710M
YoY Change 129.5% -48.3% -95.33%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$1.377M -$884.0K -$1.710M
YoY Change 129.5% -48.3% -95.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.370M 568.0K -330.0K
YoY Change 114.06% -272.12% 65.0%
NET CHANGE
Cash From Operating Activities -3.605M 1.086M -1.890M
Cash From Investing Activities -1.377M -884.0K -1.710M
Cash From Financing Activities -1.370M 568.0K -330.0K
Net Change In Cash -6.352M 770.0K -3.930M
YoY Change -27.82% -119.59% -89.82%
FREE CASH FLOW
Cash From Operating Activities -$3.605M $1.086M -$1.890M
Capital Expenditures -$1.377M -$884.0K -$1.710M
Free Cash Flow -$2.228M $1.970M -$180.0K
YoY Change -67.99% -1194.44% -100.52%

Facts In Submission

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ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-10872000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-12024000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-34637000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-26757000 USD
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13093486 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13093486 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12772176 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12772176 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12892382 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12892382 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12757376 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12757376 shares
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.85
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.85
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.96
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.96
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.78
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.78
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.91
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.91
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
381567000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
4506000 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
183000 USD
us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
0 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
6356000 USD
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.10
us-gaap Dividends
Dividends
3871000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
120000 USD
us-gaap Profit Loss
ProfitLoss
-35711000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1074000 USD
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
353618000 USD
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
362055000 USD
CY2021Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1663000 USD
CY2021Q3 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
0 USD
CY2021Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2121000 USD
CY2021Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.10
CY2021Q3 us-gaap Dividends
Dividends
1309000 USD
CY2021Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
40000 USD
CY2021Q3 us-gaap Profit Loss
ProfitLoss
-11124000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
252000 USD
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
353618000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
420549000 USD
nycr Stock Redeemed During Period Value
StockRedeemedDuringPeriodValue
328000 USD
us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
1153000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1758000 USD
us-gaap Profit Loss
ProfitLoss
-24362000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2395000 USD
CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
396375000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
405863000 USD
CY2020Q3 nycr Stock Redeemed During Period Value
StockRedeemedDuringPeriodValue
328000 USD
CY2020Q3 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
1153000 USD
CY2020Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1711000 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
-12288000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
264000 USD
CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
396375000 USD
us-gaap Profit Loss
ProfitLoss
-35711000 USD
us-gaap Profit Loss
ProfitLoss
-24362000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
23400000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
24070000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1157000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1157000 USD
nycr Accretionand Amortizationof Belowand Above Market Lease Intangible Assetsand Liabilities
AccretionandAmortizationofBelowandAboveMarketLeaseIntangibleAssetsandLiabilities
807000 USD
nycr Accretionand Amortizationof Belowand Above Market Lease Intangible Assetsand Liabilities
AccretionandAmortizationofBelowandAboveMarketLeaseIntangibleAssetsandLiabilities
2807000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
6356000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1758000 USD
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
413000 USD
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
nycr Vesting And Conversion Expense
VestingAndConversionExpense
0 USD
nycr Vesting And Conversion Expense
VestingAndConversionExpense
1153000 USD
us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
2816000 USD
us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
3582000 USD
nycr Increase Decreasein Straight Line Rent Payable
IncreaseDecreaseinStraightLineRentPayable
82000 USD
nycr Increase Decreasein Straight Line Rent Payable
IncreaseDecreaseinStraightLineRentPayable
82000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-3891000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
4232000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-502000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-496000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
226000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
1240000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-4311000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-6019000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
1998000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
3162000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1998000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3162000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
5269000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
3871000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
0 USD
nycr Payment For Redemption Of Stock
PaymentForRedemptionOfStock
0 USD
nycr Payment For Redemption Of Stock
PaymentForRedemptionOfStock
328000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
183000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
120000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
0 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1095000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-328000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-5214000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-9509000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
39994000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
58297000 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
34780000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
48788000 USD
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
23169000 USD
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
39088000 USD
CY2021Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
11611000 USD
CY2020Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
9700000 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
34780000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
48788000 USD
nycr Noncashor Part Noncash Accrued Capital Expenditures
NoncashorPartNoncashAccruedCapitalExpenditures
121000 USD
nycr Noncashor Part Noncash Accrued Capital Expenditures
NoncashorPartNoncashAccruedCapitalExpenditures
294000 USD
CY2021Q3 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
8 property
CY2021Q3 us-gaap Net Rentable Area
NetRentableArea
1200000 sqft
CY2021Q3 nycr Aggregate Purchase Priceof Real Estate
AggregatePurchasePriceofRealEstate
790700000 USD
nycr Stock Issuance Expense
StockIssuanceExpense
1300000 USD
CY2020Q3 nycr Stock Issuance Expense
StockIssuanceExpense
1300000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:5pt;margin-top:5pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:5pt;margin-top:5pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Management makes significant estimates regarding revenue recognition, purchase price allocations to record investments in real estate, and fair value measurements, as applicable.</span></div>
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
8500000 USD
nycr Lessor Operating Lease Weighted Average Remaining Lease Term
LessorOperatingLeaseWeightedAverageRemainingLeaseTerm
P6Y9M18D
CY2020Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
400000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
500000 USD
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
8500000 USD
CY2021Q3 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
400000 USD
CY2021Q3 us-gaap Debt Instrument Collateral Amount
DebtInstrumentCollateralAmount
829300000 USD
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
0 USD
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
0 USD
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0 USD
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
55000000 USD
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0 USD
CY2021Q3 nycr Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
350000000 USD
CY2021Q3 us-gaap Secured Debt
SecuredDebt
405000000 USD
CY2021Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
0 USD
CY2021Q3 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
2330000 USD
CY2021Q3 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
0 USD
CY2021Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
2330000 USD
CY2021Q3 us-gaap Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
0 USD
CY2021Q3 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
0 USD
CY2021Q3 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
2330000 USD
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
0 USD
CY2020Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
3405000 USD
CY2020Q4 us-gaap Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
0 USD
CY2020Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
3405000 USD
CY2020Q4 us-gaap Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
0 USD
CY2020Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
0 USD
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
3405000 USD
CY2021Q3 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
-2500000 USD
CY2021Q3 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
-2500000 USD
CY2021Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
13300000 shares
CY2020Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
12800000 shares
nycr Common Stock Dividends Per Share Declared Annualized
CommonStockDividendsPerShareDeclaredAnnualized
0.40
CY2021Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.10
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.04889
CY2021Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.10
CY2021Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2020Q3 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
6672 shares
CY2020Q3 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
300000 USD
CY2020 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
1200000 USD
CY2021Q3 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0 shares
nycr Distribution Reinvestment Plan Termination Notice Period
DistributionReinvestmentPlanTerminationNoticePeriod
P10D
CY2021Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P45Y3M18D
CY2021Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.086
CY2021Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
55200000 USD
CY2021Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
54800000 USD
CY2021Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
1200000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
3600000 USD
CY2021Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
1200000 USD
us-gaap Operating Lease Expense
OperatingLeaseExpense
3600000 USD
CY2020Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
1200000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
3600000 USD
CY2020Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
1200000 USD
us-gaap Operating Lease Expense
OperatingLeaseExpense
3600000 USD
CY2020Q3 nycr Vesting And Conversion Expense
VestingAndConversionExpense
1200000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1187000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
4746000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
4746000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
4746000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
4746000 USD
CY2021Q3 nycr Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
202500000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
222671000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
167888000 USD
CY2021Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
54783000 USD
nycr Advisory Agreement Renewal Term
AdvisoryAgreementRenewalTerm
P5Y
CY2018Q4 nycr Period Prior To Expiration Date Needed To Terminate Agreement
PeriodPriorToExpirationDateNeededToTerminateAgreement
P180D
nycr Related Party Transaction Asset Management Fee Percentageof Benchmark
RelatedPartyTransactionAssetManagementFeePercentageofBenchmark
0.0125
nycr Vesting And Conversion Expense
VestingAndConversionExpense
1200000 USD
CY2021Q3 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
2926000 USD
CY2020Q3 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
2506000 USD
us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
9047000 USD
us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
8576000 USD
CY2021Q3 us-gaap Related Party Transaction Due From To Related Party
RelatedPartyTransactionDueFromToRelatedParty
-33000 USD
CY2020Q4 us-gaap Related Party Transaction Due From To Related Party
RelatedPartyTransactionDueFromToRelatedParty
435000 USD
nycr Consecutive Trading Dates Commencing Converted Shares
ConsecutiveTradingDatesCommencingConvertedShares
P180D
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2100000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
6300000 USD
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1700000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1700000 USD
nycr Distributions On The Ltip Unit
DistributionsOnTheLTIPUnit
0.10
nycr Distribution On The Earned Ltip Unit
DistributionOnTheEarnedLTIPUnit
0.90
nycr Sharebased Compensation Arrangementby Sharebased Payment Award Shares Issuedin Period In Lieu Of Cash
SharebasedCompensationArrangementbySharebasedPaymentAwardSharesIssuedinPeriodInLieuOfCash
0 shares
nycr Sharebased Compensation Arrangementby Sharebased Payment Award Shares Issuedin Period In Lieu Of Cash
SharebasedCompensationArrangementbySharebasedPaymentAwardSharesIssuedinPeriodInLieuOfCash
0 shares
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-11124000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-12288000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-35711000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-24362000 USD
CY2021Q3 us-gaap Dilutive Securities
DilutiveSecurities
-40000 USD
CY2020Q3 us-gaap Dilutive Securities
DilutiveSecurities
0 USD
us-gaap Dilutive Securities
DilutiveSecurities
-120000 USD
us-gaap Dilutive Securities
DilutiveSecurities
0 USD
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-11164000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-12288000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-35831000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-24362000 USD
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13093486 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13093486 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12772176 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12772176 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12892382 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12892382 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12757376 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12757376 shares
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.85
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.85
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.96
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.96
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.78
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.78
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.91
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.91
CY2021Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4038184 shares
CY2020Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
89770 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4035111 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
77394 shares

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