2023 Q1 Form 10-K Financial Statement
#000159552723000013 Filed on March 16, 2023
Income Statement
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
Revenue | $15.53M | $16.20M | $64.00M |
YoY Change | -0.72% | -33.1% | -8.85% |
Cost Of Revenue | $10.31M | $9.762M | $41.01M |
YoY Change | -1.86% | -4.42% | 0.22% |
Gross Profit | $5.229M | $6.434M | $23.00M |
YoY Change | 1.61% | -54.03% | -21.52% |
Gross Profit Margin | 33.66% | 39.73% | 35.93% |
Selling, General & Admin | $5.381M | $4.095M | $21.28M |
YoY Change | 19.1% | -3.03% | 23.84% |
% of Gross Profit | 102.91% | 63.65% | 92.52% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $6.952M | $7.703M | $28.67M |
YoY Change | -0.42% | 0.6% | -7.7% |
% of Gross Profit | 132.95% | 119.72% | 124.66% |
Operating Expenses | $12.33M | $11.80M | $49.94M |
YoY Change | 7.25% | -0.69% | 3.53% |
Operating Profit | -$7.104M | -$5.364M | -$26.95M |
YoY Change | 11.82% | -353.62% | 32.17% |
Interest Expense | $4.663M | -$4.751M | $18.92M |
YoY Change | -1.1% | -1.25% | -0.87% |
% of Operating Profit | |||
Other Income/Expense, Net | -$4.654M | $6.000K | -$18.95M |
YoY Change | -2.06% | 100.0% | -0.48% |
Pretax Income | -$11.76M | -$10.11M | -$45.90M |
YoY Change | 5.88% | 170.87% | 16.4% |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$11.76M | -$10.11M | -$45.90M |
YoY Change | 5.88% | 169.21% | 16.29% |
Net Earnings / Revenue | -75.69% | -62.42% | -71.71% |
Basic Earnings Per Share | -$5.77 | -$5.48 | -$26.59 |
Diluted Earnings Per Share | -$5.77 | -$5.48 | -$26.59 |
COMMON SHARES | |||
Basic Shares Outstanding | 2.304M shares | 14.89M shares | 1.729M shares |
Diluted Shares Outstanding | 2.039M shares | 1.845M shares | 1.729M shares |
Balance Sheet
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $8.753M | $9.215M | $9.215M |
YoY Change | -15.36% | -21.06% | -21.06% |
Cash & Equivalents | $8.753M | $9.215M | $9.215M |
Short-Term Investments | |||
Other Short-Term Assets | $6.082M | $5.624M | $5.624M |
YoY Change | 6.14% | -39.48% | -39.48% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $29.32M | $29.12M | $29.12M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $44.16M | $43.96M | $43.96M |
YoY Change | 2.18% | -6.09% | -6.09% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $722.7M | $728.1M | $728.1M |
YoY Change | -2.88% | -2.91% | -2.91% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $18.21M | $16.78M | $16.78M |
YoY Change | -19.8% | -36.2% | -36.2% |
Total Long-Term Assets | $742.1M | $746.5M | $746.5M |
YoY Change | -3.24% | -3.83% | -3.83% |
TOTAL ASSETS | |||
Total Short-Term Assets | $44.16M | $43.96M | $43.96M |
Total Long-Term Assets | $742.1M | $746.5M | $746.5M |
Total Assets | $786.3M | $790.5M | $790.5M |
YoY Change | -2.95% | -3.96% | -3.96% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $13.11M | $12.79M | $12.79M |
YoY Change | 29.31% | 57.26% | 57.26% |
Accrued Expenses | $54.70M | $54.72M | $54.72M |
YoY Change | -0.1% | -0.1% | -0.1% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $67.82M | $67.50M | $67.50M |
YoY Change | 4.49% | 7.32% | 7.32% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $394.5M | $394.2M | $394.2M |
YoY Change | 0.39% | -0.99% | -0.99% |
Other Long-Term Liabilities | $7.767M | $7.217M | $7.217M |
YoY Change | -10.55% | -33.77% | -33.77% |
Total Long-Term Liabilities | $402.3M | $401.4M | $401.4M |
YoY Change | 0.16% | -1.87% | -1.87% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $67.82M | $67.50M | $67.50M |
Total Long-Term Liabilities | $402.3M | $401.4M | $401.4M |
Total Liabilities | $470.1M | $468.9M | $489.4M |
YoY Change | 0.76% | -0.64% | 1.1% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$411.1M | -$399.4M | |
YoY Change | 13.2% | 13.87% | |
Common Stock | $23.00K | $19.00K | |
YoY Change | -82.84% | -85.71% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $293.6M | $301.1M | $301.1M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $786.3M | $790.5M | $790.5M |
YoY Change | -2.95% | -3.96% | -3.96% |
Cashflow Statement
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$11.76M | -$10.11M | -$45.90M |
YoY Change | 5.88% | 169.21% | 16.29% |
Depreciation, Depletion And Amortization | $6.952M | $7.703M | $28.67M |
YoY Change | -0.42% | 0.6% | -7.7% |
Cash From Operating Activities | -$742.0K | -$3.824M | -$486.0K |
YoY Change | -134.07% | 6.07% | -93.86% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $2.308M | $690.0K | $5.555M |
YoY Change | -668.47% | -150.11% | -264.59% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | -$2.308M | -$690.0K | -$5.555M |
YoY Change | 468.47% | -49.89% | 64.59% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | $0.00 | $2.670M | |
YoY Change | -100.0% | -48.66% | |
Common Stock Issuance & Retirement, Net | $0.00 | ||
YoY Change | -100.0% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | $4.035M | 0.000 | -$6.270M |
YoY Change | -158.74% | -100.0% | 2180.0% |
NET CHANGE | |||
Cash From Operating Activities | -$742.0K | -3.824M | -$486.0K |
Cash From Investing Activities | -$2.308M | -690.0K | -$5.555M |
Cash From Financing Activities | $4.035M | 0.000 | -$6.270M |
Net Change In Cash | $985.0K | -4.514M | -$12.31M |
YoY Change | -119.33% | -28.94% | 6.44% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$742.0K | -$3.824M | -$486.0K |
Capital Expenditures | $2.308M | $690.0K | $5.555M |
Free Cash Flow | -$3.050M | -$4.514M | -$6.041M |
YoY Change | -218.03% | 102.6% | 33.03% |
Facts In Submission
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0 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
37000 | usd |
CY2020 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd |
CY2022 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-45896000 | usd |
CY2021 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-39466000 | usd |
CY2020 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-40962000 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
3190000 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
1851000 | usd |
CY2020 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Parent
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
-2077000 | usd |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-42706000 | usd |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-37615000 | usd |
CY2020 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-43039000 | usd |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1729264 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1622896 | shares |
CY2019Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
420549000 | usd |
CY2020 | nycr |
Stock Redeemed During Period Value
StockRedeemedDuringPeriodValue
|
328000 | usd |
CY2020 | us-gaap |
Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
|
1153000 | usd |
CY2020 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
3874000 | usd |
CY2020 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.39112 | |
CY2020 | us-gaap |
Dividends
Dividends
|
622000 | usd |
CY2020 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
20000 | usd |
CY2020 | us-gaap |
Profit Loss
ProfitLoss
|
-40962000 | usd |
CY2020 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-2077000 | usd |
CY2020Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
381567000 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
4252000 | usd |
CY2021 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
183000 | usd |
CY2021 | us-gaap |
Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
|
0 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
8476000 | usd |
CY2022 | nycr |
Stock Issued During Period Value New Issues Affiliated Entity
StockIssuedDuringPeriodValueNewIssuesAffiliatedEntity
|
1980000 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
5013000 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
8782000 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
121000 | usd |
CY2022 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.60 | |
CY2022 | us-gaap |
Dividends
Dividends
|
2670000 | usd |
CY2022 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
80000 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-45896000 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
3190000 | usd |
CY2020 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-40962000 | usd |
CY2020 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
31747000 | usd |
CY2020 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1543000 | usd |
CY2020 | nycr |
Accretionand Amortizationof Belowand Above Market Lease Intangible Assetsand Liabilities
AccretionandAmortizationofBelowandAboveMarketLeaseIntangibleAssetsandLiabilities
|
3026000 | usd |
CY2020 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3874000 | usd |
CY2020 | nycr |
Management Fees Reinvested
ManagementFeesReinvested
|
0 | usd |
CY2020 | nycr |
Common Stock Issued To Directors In Lieu Of Cash For Board Fees
CommonStockIssuedToDirectorsInLieuOfCashForBoardFees
|
0 | usd |
CY2020 | us-gaap |
Gain Loss On Contract Termination
GainLossOnContractTermination
|
0 | usd |
CY2022 | us-gaap |
Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
0 | usd |
CY2021 | us-gaap |
Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
0 | usd |
CY2020 | us-gaap |
Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
-1153000 | usd |
CY2022 | us-gaap |
Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
|
3274000 | usd |
CY2021 | us-gaap |
Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
|
3788000 | usd |
CY2020 | us-gaap |
Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
|
402000 | usd |
CY2022 | nycr |
Increase Decrease In Straight Line Rent Payable
IncreaseDecreaseInStraightLineRentPayable
|
110000 | usd |
CY2021 | nycr |
Increase Decrease In Straight Line Rent Payable
IncreaseDecreaseInStraightLineRentPayable
|
109000 | usd |
CY2020 | nycr |
Increase Decrease In Straight Line Rent Payable
IncreaseDecreaseInStraightLineRentPayable
|
109000 | usd |
CY2022 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-1490000 | usd |
CY2021 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-843000 | usd |
CY2020 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
7377000 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
3935000 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-111000 | usd |
CY2020 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-545000 | usd |
CY2022 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-909000 | usd |
CY2021 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
562000 | usd |
CY2020 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
308000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-486000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-7916000 | usd |
CY2020 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-13578000 | usd |
CY2022 | us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
5555000 | usd |
CY2021 | us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
3375000 | usd |
CY2020 | us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
3755000 | usd |
CY2020 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-3755000 | usd |
CY2020 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
0 | usd |
CY2020 | nycr |
Proceeds From Issuance Of Common Stock Affiliated Entity
ProceedsFromIssuanceOfCommonStockAffiliatedEntity
|
0 | usd |
CY2020 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | usd |
CY2022 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
2670000 | usd |
CY2021 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
5201000 | usd |
CY2022 | nycr |
Payment For Redemption Of Stock
PaymentForRedemptionOfStock
|
0 | usd |
CY2021 | nycr |
Payment For Redemption Of Stock
PaymentForRedemptionOfStock
|
0 | usd |
CY2022 | us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
80000 | usd |
CY2021 | us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
160000 | usd |
CY2022 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | usd |
CY2021 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
183000 | usd |
CY2020 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-6270000 | usd |
CY2020 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-18303000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
16117000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
28428000 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
9215000 | usd |
CY2021Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
11674000 | usd |
CY2020Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
30999000 | usd |
CY2022Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
6902000 | usd |
CY2021Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
16754000 | usd |
CY2020Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
8995000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
16117000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
28428000 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
39994000 | usd |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
17396000 | usd |
CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
17552000 | usd |
CY2020 | us-gaap |
Interest Paid Net
InterestPaidNet
|
16721000 | usd |
CY2020 | nycr |
Stock Issued For Services
StockIssuedForServices
|
0 | usd |
CY2022 | us-gaap |
Stock Issued1
StockIssued1
|
5013000 | usd |
CY2022 | nycr |
Noncashor Part Noncash Accrued Capital Expenditures
NoncashorPartNoncashAccruedCapitalExpenditures
|
780000 | usd |
CY2021 | nycr |
Noncashor Part Noncash Accrued Capital Expenditures
NoncashorPartNoncashAccruedCapitalExpenditures
|
1326000 | usd |
CY2020 | nycr |
Noncashor Part Noncash Accrued Capital Expenditures
NoncashorPartNoncashAccruedCapitalExpenditures
|
428000 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
0 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
1017000 | usd |
CY2020 | us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
0 | usd |
CY2022Q4 | us-gaap |
Number Of Real Estate Properties
NumberOfRealEstateProperties
|
8 | property |
CY2022Q4 | us-gaap |
Net Rentable Area
NetRentableArea
|
1200000 | sqft |
CY2020 | nycr |
Stock Issuance Expense
StockIssuanceExpense
|
1300000 | usd |
CY2022 | 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> | |
CY2022Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
200000 | usd |
CY2022Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
200000 | usd |
CY2022Q4 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
400000 | usd |
CY2020Q1 | us-gaap |
Interest Expense
InterestExpense
|
100000 | usd |
CY2020Q2 | us-gaap |
Interest Expense
InterestExpense
|
200000 | usd |
CY2020Q3 | us-gaap |
Interest Expense
InterestExpense
|
300000 | usd |
CY2021 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
1500000 | usd |
CY2022 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
0 | usd |
CY2021Q4 | us-gaap |
Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
|
1400000 | usd |
CY2021Q4 | nycr |
Number Of Lease Agreements Terminated
NumberOfLeaseAgreementsTerminated
|
2 | lease |
CY2022 | us-gaap |
Revenue Recognition Leases
RevenueRecognitionLeases
|
<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%">Revenue Recognition </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 Company’s revenues, which are derived primarily from lease contracts, include rents that each tenant pays in accordance with the terms of each lease reported on a straight-line basis over the initial term of the lease. As of December 31, 2022, these leases had a weighted-average remaining lease term of 7.1 years. Because many of the Company’s leases provide for rental increases at specified intervals, straight-line basis accounting requires that the Company record a receivable for, and include in revenue from tenants, unbilled rent receivables that the Company will receive if the tenant makes all rent payments required through the expiration of the initial term of the lease. When the Company acquires a property, the acquisition date is considered to be the commencement date for purposes of this calculation. For new leases after acquisition, the commencement date is considered to be the date the tenant takes control of the space. For lease modifications, the commencement date is considered to be the date the lease modification is executed. The Company defers the revenue related to lease payments received from tenants in advance of their due dates. Pursuant to certain of the Company’s lease agreements, tenants are required to reimburse the Company for certain property operating expenses (recorded in total revenue from tenants), in addition to paying base rent, whereas under certain other lease agreements, the tenants are directly responsible for all operating costs of the respective properties. To the extent such costs exceed the applicable tenant’s base year, many but not all of the Company’s leases require the tenant to pay its allocable share of increases in operating expenses, which may include common area maintenance costs, real estate taxes and insurance. Under ASC 842, the Company has elected to report combined lease and non-lease components in a single line “Revenue from tenants.” For expenses paid directly by the tenant, under both ASC 842 and 840, the Company has reflected them on a net basis.</span></div>The Company owns certain properties with leases that include provisions for the tenant to pay contingent rental income based on a percent of the tenant’s sales upon the achievement of certain sales thresholds or other targets which may be monthly, quarterly or annual targets. As the lessor under the aforementioned leases, the Company defers the recognition of contingent rental income, until the specified target that triggered the contingent rental income is achieved, or until such sales upon which percentage rent is based are known. For the years ended December 31, 2022, 2021 and 2020, approximately $0.5 million, $0.5 million and $0.1 million, respectively, in contingent rental income is included in revenue from tenants in the consolidated statements of operations and comprehensive loss. <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-weight:400;line-height:120%"> The Company continually reviews receivables related to rent and unbilled rents receivable and determines collectability by taking into consideration the tenant’s payment history, the financial condition of the tenant, business conditions in the industry in which the tenant operates and economic conditions in the area in which the property is located. Under the leasing standard adopted on January 1, 2019, the Company is required to assess, based on credit risk, if it is probable that the Company will collect virtually all of the lease payments at the lease commencement date, and it must continue to reassess collectability periodically thereafter based on new facts and circumstances affecting the credit risk of the tenant. In fiscal year ended 2022, 2021 and 2020, respectively, this assessment has included consideration of the impacts of the COVID-19 pandemic on the Company’s tenant’s ability to pay rents in accordance with their contracts. Partial reserves, or the ability to assume partial recovery are no longer permitted. If the Company determines that it is probable that it will collect virtually all of the lease payments (base rent and additional rent), the lease will continue to be accounted for on an accrual basis (i.e., straight-line). However, if the Company determines it is not probable that it will collect virtually all of the lease payments, the lease will be accounted for on a cash basis and the straight-line rent receivable accrued will be written off, as well as any accounts receivable, where it was subsequently concluded that collection was not probable. Cost recoveries from tenants are included in operating revenue from tenants, in accordance with current accounting rules, on the accompanying consolidated statements of operations and comprehensive loss in the period the related costs are incurred, as applicable.</span></div><div style="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:115%">In accordance with lease accounting rules the Company records uncollectible amounts as reductions in revenue from tenants. During the year ended December 31, 2020, the Company reduced revenue from tenants by $8.5 million for reserves recorded during the period on receivables for which the related tenants have been put on a cash basis (see accounting policy above). Some of these reductions relates to tenants that terminated their leases early while others related to leases that had not been paying rent and were been placed on a cash basis in accordance with ASC 842. There were no such reductions recorded for the years ended 2022 or 2021. During the year ended December 31, 2022 there was only one tenant for which we recorded rent on a cash basis. The lease with this tenant was terminated as of September 30, 2022. During the years ended 2021 and 2020, no rental income was received from any of the tenants that were previously placed on a cash basis, however, the Company did receive a lease termination fee of $1.4 million from the two former parking garage tenants that were placed on a cash basis in 2020 (see below). </span></div><div style="margin-top:3pt;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:115%">In October 2021, the Company signed a termination agreement with the parking garage tenants at its 400 E. 67th Street - Laurel Condominium/200 Riverside Boulevard properties. As discussed above, new tenants have signed lease agreements with the Company for the spaces in July 2022. In addition, the Company recorded a termination fee for a tenant in its 9 Times Square property. These termination agreements required the tenants to pay termination fees aggregating $1.5 million to the Company, which was all received during the fourth quarter of 2021. The termination fees are recorded in revenue from tenants in the consolidated statements of operations and comprehensive loss.</span></div><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">In the third quarter of 2021, the Company launched Innovate NYC, a co-working company, at 1140 Avenue of the Americas. The Company recorded revenue of approximately </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">$0.8 million</span> and $0.3 million from Innovate NYC during the years ended December 31, 2022 and 2021, respectively, which is considered non-lease income. | |
CY2022 | nycr |
Lessor Operating Lease Weighted Average Remaining Lease Term
LessorOperatingLeaseWeightedAverageRemainingLeaseTerm
|
P7Y1M6D | |
CY2022Q4 | us-gaap |
Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
|
54541000 | usd |
CY2022Q4 | us-gaap |
Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
|
53093000 | usd |
CY2022Q4 | us-gaap |
Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
|
46038000 | usd |
CY2022Q4 | us-gaap |
Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
|
41362000 | usd |
CY2022Q4 | us-gaap |
Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
|
38413000 | usd |
CY2022Q4 | us-gaap |
Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
|
203592000 | usd |
CY2022Q4 | us-gaap |
Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
|
437039000 | usd |
CY2022 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
500000 | usd |
CY2022 | us-gaap |
Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
|
1400000 | usd |
CY2021Q4 | us-gaap |
Operating Lease Lease Income
OperatingLeaseLeaseIncome
|
1500000 | usd |
CY2022 | us-gaap |
Other Operating Income
OtherOperatingIncome
|
800000 | usd |
CY2021 | us-gaap |
Other Operating Income
OtherOperatingIncome
|
300000 | usd |
CY2020 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
0 | usd |
CY2021 | nycr |
Gainon Dispositionsof Real Estate Investments
GainonDispositionsofRealEstateInvestments
|
0 | usd |
CY2022 | nycr |
Gainon Dispositionsof Real Estate Investments
GainonDispositionsofRealEstateInvestments
|
0 | usd |
CY2020 | nycr |
Gainon Dispositionsof Real Estate Investments
GainonDispositionsofRealEstateInvestments
|
0 | usd |
CY2020 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | usd |
CY2022 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | usd |
CY2022 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | segment |
CY2022Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
71848000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
36511000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
35337000 | usd |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
87478000 | usd |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
45239000 | usd |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
42239000 | usd |
CY2022Q4 | us-gaap |
Below Market Lease Gross
BelowMarketLeaseGross
|
10718000 | usd |
CY2022Q4 | us-gaap |
Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
|
7712000 | usd |
CY2022Q4 | us-gaap |
Below Market Lease Net
BelowMarketLeaseNet
|
3006000 | usd |
CY2021Q4 | us-gaap |
Below Market Lease Gross
BelowMarketLeaseGross
|
13275000 | usd |
CY2021Q4 | us-gaap |
Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
|
9051000 | usd |
CY2021Q4 | us-gaap |
Below Market Lease Net
BelowMarketLeaseNet
|
4224000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
4041000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
2967000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
1908000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
1340000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
1332000 | usd |
CY2022Q4 | nycr |
Amortization Income Net Next Twelve Months
AmortizationIncomeNetNextTwelveMonths
|
120000 | usd |
CY2022Q4 | nycr |
Amortization Income Net Year Two
AmortizationIncomeNetYearTwo
|
438000 | usd |
CY2022Q4 | nycr |
Amortization Income Net Year Three
AmortizationIncomeNetYearThree
|
380000 | usd |
CY2022Q4 | nycr |
Amortization Income Net Year Four
AmortizationIncomeNetYearFour
|
66000 | usd |
CY2022Q4 | nycr |
Amortization Income Net Year Five
AmortizationIncomeNetYearFive
|
63000 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Collateral Amount
DebtInstrumentCollateralAmount
|
825400000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
0 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
49500000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
0 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
99000000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
140000000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
|
111000000 | usd |
CY2022Q4 | us-gaap |
Secured Debt
SecuredDebt
|
399500000 | usd |
CY2022Q3 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
3400000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
16100000 | usd |
CY2022Q1 | us-gaap |
Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
|
1400000 | usd |
CY2021 | us-gaap |
Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
|
1400000 | usd |
CY2022Q1 | us-gaap |
Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
|
1400000 | usd |
CY2022Q4 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
30071 | usd |
CY2022Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2022Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
1607000 | usd |
CY2022Q4 | us-gaap |
Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
|
0 | usd |
CY2022Q4 | us-gaap |
Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
|
0 | usd |
CY2022Q4 | us-gaap |
Derivative Assets
DerivativeAssets
|
1607000 | usd |
CY2022Q4 | us-gaap |
Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
|
0 | usd |
CY2022Q4 | us-gaap |
Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
|
0 | usd |
CY2022Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
|
1607000 | usd |
CY2021Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
0 | usd |
CY2021Q4 | us-gaap |
Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
|
1553000 | usd |
CY2021Q4 | us-gaap |
Derivative Asset Collateral Obligation To Return Cash Offset
DerivativeAssetCollateralObligationToReturnCashOffset
|
0 | usd |
CY2021Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
1553000 | usd |
CY2021Q4 | us-gaap |
Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
|
0 | usd |
CY2021Q4 | us-gaap |
Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
|
0 | usd |
CY2021Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
|
1553000 | usd |
CY2022Q4 | us-gaap |
Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
|
1700000 | usd |
CY2022Q4 | us-gaap |
Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
|
1700000 | usd |
CY2022Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
1900000 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
1700000 | shares |
CY2022Q4 | us-gaap |
Share Price
SharePrice
|
84.40 | |
CY2020Q3 | nycr |
Distribution Reinvestment Plan Termination Notice Period
DistributionReinvestmentPlanTerminationNoticePeriod
|
P10D | |
CY2020Q3 | nycr |
Common Stock Dividends Per Share Declared Annualized
CommonStockDividendsPerShareDeclaredAnnualized
|
3.20 | |
CY2020Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.80 | |
nycr |
Common Stock Dividends Per Share Declared Annualized
CommonStockDividendsPerShareDeclaredAnnualized
|
1.60 | ||
CY2022Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.80 | |
CY2021 | nycr |
Common Stock Dividends Per Share Declared Annualized
CommonStockDividendsPerShareDeclaredAnnualized
|
1.60 | |
CY2021Q4 | nycr |
Common Stock Dividends Per Share Declared Annualized
CommonStockDividendsPerShareDeclaredAnnualized
|
0.80 | |
CY2020Q4 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.39 | |
CY2022Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2020Q3 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
834 | 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 |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P44Y | |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.086 | |
CY2022Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
55000000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
54700000 | usd |
CY2021 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
4700000 | usd |
CY2022 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
4700000 | usd |
CY2020 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
4700000 | usd |
CY2022 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
4900000 | usd |
CY2020 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
4900000 | usd |
CY2021 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
4900000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
4746000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
4746000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
4746000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
4746000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
4746000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
193008000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
216738000 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
162022000 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
54716000 | usd |
CY2022 | nycr |
Advisory Agreement Renewal Term
AdvisoryAgreementRenewalTerm
|
P5Y | |
CY2018Q4 | nycr |
Period Prior To Expiration Date Needed To Terminate Agreement
PeriodPriorToExpirationDateNeededToTerminateAgreement
|
P180D | |
CY2022 | nycr |
Related Party Transaction Asset Management Fee Percentageof Benchmark
RelatedPartyTransactionAssetManagementFeePercentageofBenchmark
|
0.0125 | |
CY2022Q4 | us-gaap |
Share Price
SharePrice
|
84.40 | |
CY2022Q3 | nycr |
Series And Overall Limit Percentage
SeriesAndOverallLimitPercentage
|
0.06 | |
CY2022 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
5500000 | usd |
CY2021 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
6000000 | usd |
CY2020 | us-gaap |
Management Fee Expense
ManagementFeeExpense
|
6000000 | usd |
CY2020 | nycr |
Vesting And Conversion Expense
VestingAndConversionExpense
|
1200000 | usd |
CY2022Q4 | us-gaap |
Related Party Transaction Due From To Related Party
RelatedPartyTransactionDueFromToRelatedParty
|
-118000 | usd |
CY2021Q4 | us-gaap |
Related Party Transaction Due From To Related Party
RelatedPartyTransactionDueFromToRelatedParty
|
-141000 | usd |
CY2021Q3 | us-gaap |
Due To Other Related Parties Current And Noncurrent
DueToOtherRelatedPartiesCurrentAndNoncurrent
|
400000 | usd |
CY2022 | nycr |
Consecutive Trading Dates Commencing Converted Shares
ConsecutiveTradingDatesCommencingConvertedShares
|
P180D | |
CY2022Q4 | nycr |
Common Stock Shares Authorized For Grant Percentage
CommonStockSharesAuthorizedForGrantPercentage
|
0.200 | |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
|
1 | shares |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
|
393.28 | |
CY2022 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
8400000 | usd |
CY2021 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
8400000 | usd |
CY2020 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
3800000 | usd |
CY2022 | nycr |
Distributions On The Ltip Unit
DistributionsOnTheLTIPUnit
|
0.10 | |
CY2022 | nycr |
Distribution On The Earned Ltip Unit
DistributionOnTheEarnedLTIPUnit
|
0.90 | |
CY2022 | nycr |
Number Subjects To Awards That Reduce Shares Available Ratio
NumberSubjectsToAwardsThatReduceSharesAvailableRatio
|
0.0001 | shares |
CY2022 | nycr |
Share Based Compensation Arrangement By Share Based Payment Award Performance Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardPerformancePeriod
|
P3Y | |
CY2022 | nycr |
Share Based Compensation Arrangement By Share Based Payment Award Performance Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardPerformancePeriod
|
P3Y | |
CY2021 | nycr |
Sharebased Compensation Arrangementby Sharebased Payment Award Shares Issuedin Period In Lieu Of Cash
SharebasedCompensationArrangementbySharebasedPaymentAwardSharesIssuedinPeriodInLieuOfCash
|
0 | shares |
CY2020 | nycr |
Sharebased Compensation Arrangementby Sharebased Payment Award Shares Issuedin Period In Lieu Of Cash
SharebasedCompensationArrangementbySharebasedPaymentAwardSharesIssuedinPeriodInLieuOfCash
|
0 | shares |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
37000 | usd |
CY2022Q4 | nycr |
Uncertain Tax Positions
UncertainTaxPositions
|
0 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
|
23008000 | usd |
CY2022Q4 | nycr |
Deferred Tax Assets Deferred Leasing Costs
DeferredTaxAssetsDeferredLeasingCosts
|
1145000 | usd |
CY2022Q4 | nycr |
Deferred Tax Assets Restricted Stock Awards And2020 Opp
DeferredTaxAssetsRestrictedStockAwardsAnd2020OPP
|
6458000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
|
1317000 | usd |
CY2022Q4 | nycr |
Deferred Tax Assets Operating Lease Liabilities
DeferredTaxAssetsOperatingLeaseLiabilities
|
17110000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
53613000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
129000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
102780000 | usd |
CY2022Q4 | nycr |
Deferred Tax Liabilities Straight Line Rent
DeferredTaxLiabilitiesStraightLineRent
|
9105000 | usd |
CY2022Q4 | nycr |
Deferred Tax Liabilities Operating Leases Right To Use Assets
DeferredTaxLiabilitiesOperatingLeasesRightToUseAssets
|
17184000 | usd |
CY2022Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
26289000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
76491000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
76491000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
0 | usd |
CY2022Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
161700000 | usd |
CY2022 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-45896000 | usd |
CY2021 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-39466000 | usd |
CY2020 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-40962000 | usd |
CY2022 | us-gaap |
Dilutive Securities
DilutiveSecurities
|
-80000 | usd |
CY2021 | us-gaap |
Dilutive Securities
DilutiveSecurities
|
-160000 | usd |
CY2020 | us-gaap |
Dilutive Securities
DilutiveSecurities
|
0 | usd |
CY2022 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-45976000 | usd |
CY2021 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-39626000 | usd |
CY2020 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-40962000 | usd |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1729264 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1729264 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1622896 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1622896 | shares |
CY2020 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1595923 | shares |
CY2020 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1595923 | shares |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-26.59 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-26.59 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-24.42 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-24.42 | |
CY2020 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-25.67 | |
CY2020 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-25.67 | |
CY2022 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
515296 | shares |
CY2021 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
504481 | shares |
CY2020 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
133914 | shares |
CY2022Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1700000 | usd |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2300000 | usd | |
CY2022Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
600000 | usd |
CY2022Q1 | us-gaap |
Revenues
Revenues
|
15646000 | usd |
CY2022Q2 | us-gaap |
Revenues
Revenues
|
16231000 | usd |
CY2022Q3 | us-gaap |
Revenues
Revenues
|
15932000 | usd |
CY2022Q4 | us-gaap |
Revenues
Revenues
|
16196000 | usd |
CY2022Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-6960000 | usd |
CY2022Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-6321000 | usd |
CY2022Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-5364000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-11712000 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-13001000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-11074000 | usd |
CY2022Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-10109000 | usd |
CY2022Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1662456 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1662456 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1679211 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1679211 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1728540 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1728540 | shares |
CY2022Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1844864 | shares |
CY2022Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
1844864 | shares |
CY2022Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-7.07 | |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-7.07 | |
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-7.77 | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-7.77 | |
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-6.40 | |
CY2022Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-6.40 | |
CY2022Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-5.48 | |
CY2022Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-5.48 | |
CY2022Q4 | srt |
Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
|
399500000 | usd |
CY2022Q4 | us-gaap |
Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
|
193658000 | usd |
CY2022Q4 | us-gaap |
Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
|
504536000 | usd |
CY2022Q4 | us-gaap |
Sec Schedule Iii Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Buildings And Improvements
SECScheduleIIIRealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionBuildingsAndImprovements
|
71092000 | usd |
CY2022Q4 | us-gaap |
Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
|
769286000 | usd |
CY2022Q4 | us-gaap |
Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
|
131467000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
|
71800000 | usd |
CY2022Q4 | srt |
Real Estate Federal Income Tax Basis
RealEstateFederalIncomeTaxBasis
|
743700000 | usd |
CY2022Q4 | nycr |
Finite Lived Intangible Assetsand Liabilities Accumulated Amortization
FiniteLivedIntangibleAssetsandLiabilitiesAccumulatedAmortization
|
36500000 | usd |
CY2021Q4 | us-gaap |
Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
|
765176000 | usd |
CY2020Q4 | us-gaap |
Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
|
762519000 | usd |
CY2019Q4 | us-gaap |
Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
|
759487000 | usd |
CY2022 | us-gaap |
Real Estate Improvements
RealEstateImprovements
|
6335000 | usd |
CY2021 | us-gaap |
Real Estate Improvements
RealEstateImprovements
|
4701000 | usd |
CY2020 | us-gaap |
Real Estate Improvements
RealEstateImprovements
|
3032000 | usd |
CY2022 | us-gaap |
Sec Schedule Iii Real Estate Writedown Or Reserve Amount
SECScheduleIIIRealEstateWritedownOrReserveAmount
|
0 | usd |
CY2021 | us-gaap |
Sec Schedule Iii Real Estate Writedown Or Reserve Amount
SECScheduleIIIRealEstateWritedownOrReserveAmount
|
1452000 | usd |
CY2020 | us-gaap |
Sec Schedule Iii Real Estate Writedown Or Reserve Amount
SECScheduleIIIRealEstateWritedownOrReserveAmount
|
0 | usd |
CY2022 | us-gaap |
Real Estate Other Deductions
RealEstateOtherDeductions
|
2225000 | usd |
CY2021 | us-gaap |
Real Estate Other Deductions
RealEstateOtherDeductions
|
592000 | usd |
CY2020 | us-gaap |
Real Estate Other Deductions
RealEstateOtherDeductions
|
0 | usd |
CY2022Q4 | us-gaap |
Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
|
769286000 | usd |
CY2021Q4 | us-gaap |
Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
|
765176000 | usd |
CY2020Q4 | us-gaap |
Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
|
762519000 | usd |
CY2021Q4 | us-gaap |
Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
|
112641000 | usd |
CY2020Q4 | us-gaap |
Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
|
92470000 | usd |
CY2019Q4 | us-gaap |
Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
|
72656000 | usd |
CY2022 | us-gaap |
Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
|
21051000 | usd |
CY2021 | us-gaap |
Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
|
20684000 | usd |
CY2020 | us-gaap |
Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
|
19814000 | usd |
CY2022 | us-gaap |
Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
|
2225000 | usd |
CY2021 | us-gaap |
Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
|
513000 | usd |
CY2020 | us-gaap |
Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
|
0 | usd |
CY2022Q4 | us-gaap |
Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
|
131467000 | usd |
CY2020Q4 | us-gaap |
Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
|
92470000 | usd |