$PECO
Phillips Edison & Company, Inc. Stock $peco

$peco Overview Financials Valuation SEC Filings Company Website

2023 Q2 Form 10-Q Financial Statement

#000147620423000064 Filed on May 03, 2023

Income Statement

Concept	2023 Q2	2023 Q1	2022 Q4
Revenue	$152.1M	$151.1M	$145.0M
YoY Change	6.75%	6.26%	5.82%
Cost Of Revenue	$43.07M	$43.12M	$41.96M
YoY Change	9.53%	5.65%	-1.85%
Gross Profit	$109.1M	$107.9M	$103.1M
YoY Change	5.69%	6.51%	9.3%
Gross Profit Margin	71.69%	71.46%	71.07%
Selling, General & Admin	$11.81M	$11.65M	$11.92M
YoY Change	2.89%	0.19%	-25.12%
% of Gross Profit	10.82%	10.79%	11.56%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$59.67M	$58.50M	$58.22M
YoY Change	-1.81%	2.22%	4.7%
% of Gross Profit	54.71%	54.19%	56.48%
Operating Expenses	$71.10M	$113.1M	$69.47M
YoY Change	-36.22%	3.27%	-11.75%
Operating Profit	$37.96M	-$5.203M	$33.61M
YoY Change	-558.57%	-36.68%	115.58%
Interest Expense	-$20.58M	$19.47M	-$18.22M
YoY Change	-220.16%	6.96%	8.15%
% of Operating Profit	-54.21%		-54.22%
Other Income/Expense, Net	-$904.0K	-$755.0K
YoY Change	-37.95%	-82.7%
Pretax Income	$16.21M	$18.64M	$15.70M
YoY Change	6.25%	63.5%	-369.07%
Income Tax	$100.0K
% Of Pretax Income	0.62%
Net Earnings	$14.45M	$16.62M	$13.68M
YoY Change	6.82%	64.89%	-362.58%
Net Earnings / Revenue	9.5%	11.0%	9.43%
Basic Earnings Per Share	$0.12	$0.14
Diluted Earnings Per Share	$0.12	$0.14	$0.12
COMMON SHARES
Basic Shares Outstanding	117.3M shares	117.3M shares	117.1M shares
Diluted Shares Outstanding	131.9M shares	131.9M shares

Balance Sheet

Concept	2023 Q2	2023 Q1	2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$5.564M	$14.62M	$13.27M
YoY Change	-82.76%	42.65%	-86.48%
Cash & Equivalents	$5.564M	$6.405M	$5.478M
Short-Term Investments	$8.502M	$8.219M	$7.792M
Other Short-Term Assets	$12.64M	$22.75M	$14.58M
YoY Change	-13.08%		25.05%
Inventory			$0.00
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$18.20M	$6.405M	$20.05M
YoY Change	-53.56%	-44.83%	-81.05%
LONG-TERM ASSETS
Property, Plant & Equipment	$4.501B	$4.519B	$4.474B
YoY Change	0.96%	2.04%	2.74%
Goodwill	$29.07M	$29.07M	$29.07M
YoY Change	0.0%	0.0%	0.0%
Intangibles
YoY Change
Long-Term Investments	$44.47M	$9.800M	$9.800M
YoY Change	1382.23%	226.67%	226.67%
Other Assets	$56.00M	$5.559M	$61.56M
YoY Change	-14.66%	-90.43%	-9.36%
Total Long-Term Assets	$4.723B	$4.781B	$4.715B
YoY Change	1.45%	3.28%	3.34%
TOTAL ASSETS
Total Short-Term Assets	$18.20M	$6.405M	$20.05M
Total Long-Term Assets	$4.723B	$4.781B	$4.715B
Total Assets	$4.741B	$4.787B	$4.735B
YoY Change	0.99%	3.16%	1.43%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$98.19M	$111.5M	$108.5M
YoY Change	5.74%	18.49%	18.02%
Accrued Expenses			$4.705M
YoY Change			-11.41%
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	$98.19M	$111.5M	$113.2M
YoY Change	5.74%	18.49%	16.41%
LONG-TERM LIABILITIES
Long-Term Debt	$1.951B	$1.967B	$1.897B
YoY Change	3.95%	4.85%	0.26%
Other Long-Term Liabilities	$129.9M	$135.3M	$128.3M
YoY Change	-0.09%	2.29%	-36.96%
Total Long-Term Liabilities	$2.081B	$2.103B	$2.025B
YoY Change	3.69%	4.68%	-3.36%
TOTAL LIABILITIES
Total Short-Term Liabilities	$98.19M	$111.5M	$113.2M
Total Long-Term Liabilities	$2.081B	$2.103B	$2.025B
Total Liabilities	$2.536B	$2.214B	$2.138B
YoY Change	20.75%	5.3%	-2.48%
SHAREHOLDERS EQUITY
Retained Earnings	-$1.205B	-$1.186B	-$1.170B
YoY Change	6.69%	6.69%	7.23%
Common Stock	$1.174M	$1.172M	$1.171M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$2.205B	$2.213B	$2.236B
YoY Change
Total Liabilities & Shareholders Equity	$4.741B	$4.787B	$4.735B
YoY Change	0.99%	3.16%	1.43%

Cashflow Statement

Concept	2023 Q2	2023 Q1	2022 Q4
OPERATING ACTIVITIES
Net Income	$14.45M	$16.62M	$13.68M
YoY Change	6.82%	64.89%	-362.58%
Depreciation, Depletion And Amortization	$59.67M	$58.50M	$58.22M
YoY Change	-1.81%	2.22%	4.7%
Cash From Operating Activities	$67.63M	$62.76M	$62.13M
YoY Change	-17.81%	4.22%	-3.81%
INVESTING ACTIVITIES
Capital Expenditures	$23.74M	$23.88M	$30.15M
YoY Change	-197.54%	-228.32%	-217.21%
Acquisitions
YoY Change
Other Investing Activities	$8.154M	-$67.54M	-$24.82M
YoY Change	-114.81%	-23.15%	-87.11%
Cash From Investing Activities	-$15.58M	-$91.42M	-$54.97M
YoY Change	-80.37%	-14.16%	-74.82%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net		$25.48M
YoY Change		-59.25%
Cash From Financing Activities	-54.09M	$23.27M	-14.25M
YoY Change	-331.79%	-144.94%	-109.19%
NET CHANGE
Cash From Operating Activities	67.63M	$62.76M	62.13M
Cash From Investing Activities	-15.58M	-$91.42M	-54.97M
Cash From Financing Activities	-54.09M	$23.27M	-14.25M
Net Change In Cash	-2.048M	-$5.385M	-7.097M
YoY Change	-107.81%	-94.51%	-640.11%
FREE CASH FLOW
Cash From Operating Activities	$67.63M	$62.76M	$62.13M
Capital Expenditures	$23.74M	$23.88M	$30.15M
Free Cash Flow	$43.89M	$38.89M	$31.98M
YoY Change	-58.84%	-50.67%	-64.59%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2023Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023Q1	dei	Amendment Flag AmendmentFlag	false
CY2023Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001476204
CY2023Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2022Q1	peco	Acquired Below Market Leases Debt Weighted Average Useful Life AcquiredBelowMarketLeasesDebtWeightedAverageUsefulLife	P0Y
CY2023Q1	dei	Document Type DocumentType	10-Q
CY2023Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2022Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	1316743000	usd
CY2023Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	4518927000	usd
CY2023Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2023Q1	dei	Entity File Number EntityFileNumber	000-54691
CY2023Q1	dei	Entity Registrant Name EntityRegistrantName	PHILLIPS EDISON & COMPANY, INC.
CY2023Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	MD
CY2023Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	27-1106076
CY2023Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	11501 Northlake Drive
CY2023Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	Cincinnati
CY2023Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	OH
CY2023Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	45249
CY2023Q1	dei	City Area Code CityAreaCode	(513)
CY2023Q1	dei	Local Phone Number LocalPhoneNumber	554-1110
CY2023Q1	dei	Security12b Title Security12bTitle	Common stock, par value $0.01 per share
CY2023Q1	dei	Trading Symbol TradingSymbol	PECO
CY2023Q1	dei	Security Exchange Name SecurityExchangeName	NASDAQ
CY2023Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2023Q1	dei	Entity Small Business EntitySmallBusiness	false
CY2023Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2023Q1	dei	Entity Shell Company EntityShellCompany	false
CY2023Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	117300000	shares
CY2023Q1	us-gaap	Land And Land Improvements LandAndLandImprovements	1701404000	usd
CY2022Q4	us-gaap	Land And Land Improvements LandAndLandImprovements	1674133000	usd
CY2023Q1	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	3639646000	usd
CY2022Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	3572146000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Asset Acquired In Place Leases FiniteLivedIntangibleAssetAcquiredInPlaceLeases	478477000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Asset Acquired In Place Leases FiniteLivedIntangibleAssetAcquiredInPlaceLeases	471507000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Asset Off Market Lease Favorable Gross FiniteLivedIntangibleAssetOffMarketLeaseFavorableGross	72524000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Asset Off Market Lease Favorable Gross FiniteLivedIntangibleAssetOffMarketLeaseFavorableGross	71954000	usd
CY2023Q1	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	5892051000	usd
CY2022Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	5789740000	usd
CY2023Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	1373124000	usd
CY2022Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	4472997000	usd
CY2023Q1	us-gaap	Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures	26584000	usd
CY2022Q4	us-gaap	Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures	27201000	usd
CY2023Q1	us-gaap	Real Estate Investments RealEstateInvestments	4545511000	usd
CY2022Q4	us-gaap	Real Estate Investments RealEstateInvestments	4500198000	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	6405000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	5478000	usd
CY2023Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	5559000	usd
CY2022Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	11871000	usd
CY2023Q1	us-gaap	Goodwill Goodwill	29066000	usd
CY2022Q4	us-gaap	Goodwill Goodwill	29066000	usd
CY2023Q1	us-gaap	Other Assets OtherAssets	200373000	usd
CY2022Q4	us-gaap	Other Assets OtherAssets	188879000	usd
CY2023Q1	us-gaap	Assets Assets	4786914000	usd
CY2022Q4	us-gaap	Assets Assets	4735492000	usd
CY2023Q1	us-gaap	Debt And Capital Lease Obligations DebtAndCapitalLeaseObligations	1967252000	usd
CY2022Q4	us-gaap	Debt And Capital Lease Obligations DebtAndCapitalLeaseObligations	1896594000	usd
CY2023Q1	us-gaap	Below Market Lease Net BelowMarketLeaseNet	111007000	usd
CY2022Q4	us-gaap	Below Market Lease Net BelowMarketLeaseNet	109799000	usd
CY2023Q1	us-gaap	Accounts Payable And Other Accrued Liabilities AccountsPayableAndOtherAccruedLiabilities	111471000	usd
CY2022Q4	us-gaap	Accounts Payable And Other Accrued Liabilities AccountsPayableAndOtherAccruedLiabilities	113185000	usd
CY2023Q1	us-gaap	Deferred Revenue DeferredRevenue	24243000	usd
CY2022Q4	us-gaap	Deferred Revenue DeferredRevenue	18481000	usd
CY2023Q1	us-gaap	Liabilities Liabilities	2213973000	usd
CY2022Q4	us-gaap	Liabilities Liabilities	2138059000	usd
CY2023Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies	0	usd
CY2022Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies	0	usd
CY2022Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2023Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2023Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2022Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2023Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2022Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2023Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2022Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2023Q1	us-gaap	Preferred Stock Value PreferredStockValue	0	usd
CY2022Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	usd
CY2023Q1	us-gaap	Common Stock Value CommonStockValue	1172000	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	1171000	usd
CY2023Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	3382368000	usd
CY2022Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	3383978000	usd
CY2023Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	15181000	usd
CY2022Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	21003000	usd
CY2023Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-1186074000	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-1169665000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	2212647000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	2236487000	usd
CY2023Q1	us-gaap	Minority Interest MinorityInterest	360294000	usd
CY2022Q4	us-gaap	Minority Interest MinorityInterest	360946000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2572941000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2597433000	usd
CY2023Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	4786914000	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	4735492000	usd
CY2023Q1	us-gaap	Lease Income LeaseIncome	147728000	usd
CY2022Q1	us-gaap	Lease Income LeaseIncome	138748000	usd
CY2023Q1	us-gaap	Revenue From Related Parties RevenueFromRelatedParties	2478000	usd
CY2022Q1	us-gaap	Revenue From Related Parties RevenueFromRelatedParties	2461000	usd
CY2023Q1	us-gaap	Other Operating Income OtherOperatingIncome	858000	usd
CY2022Q1	us-gaap	Other Operating Income OtherOperatingIncome	954000	usd
CY2023Q1	us-gaap	Revenues Revenues	151064000	usd
CY2022Q1	us-gaap	Revenues Revenues	142163000	usd
CY2023Q1	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	25062000	usd
CY2022Q1	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	23320000	usd
CY2023Q1	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	18056000	usd
CY2022Q1	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	17491000	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	11533000	usd
CY2022Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	11532000	usd
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	58498000	usd
CY2022Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	57226000	usd
CY2023Q1	us-gaap	Operating Expenses OperatingExpenses	113149000	usd
CY2022Q1	us-gaap	Operating Expenses OperatingExpenses	109569000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	19466000	usd
CY2022Q1	us-gaap	Interest Expense InterestExpense	18199000	usd
CY2023Q1	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	942000	usd
CY2022Q1	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	1368000	usd
CY2023Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-755000	usd
CY2022Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-4365000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	18636000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	11398000	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	2017000	usd
CY2022Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	1319000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	16619000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	10079000	usd
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.14
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.14
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.09
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.09
CY2023Q1	us-gaap	Profit Loss ProfitLoss	18636000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	11398000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	-6499000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	27573000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	12137000	usd
CY2022Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	38971000	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	2017000	usd
CY2022Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	1319000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Noncontrolling Interest OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxNoncontrollingInterest	-704000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax Noncontrolling Interest OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxNoncontrollingInterest	2702000	usd
CY2023Q1	peco	Other Comprehensive Income Loss Reallocation Conversion Of Noncontrolling Interest Net Of Tax OtherComprehensiveIncomeLossReallocationConversionOfNoncontrollingInterestNetOfTax	27000	usd
CY2022Q1	peco	Other Comprehensive Income Loss Reallocation Conversion Of Noncontrolling Interest Net Of Tax OtherComprehensiveIncomeLossReallocationConversionOfNoncontrollingInterestNetOfTax	212000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	10797000	usd
CY2022Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	34738000	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2476326000	usd
CY2022Q1	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities StockIssuedDuringPeriodValueConversionOfConvertibleSecurities	0	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	27573000	usd
CY2022Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.27
CY2022Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	30915000	usd
CY2022Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	4104000	usd
CY2022Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	3146000	usd
CY2022Q1	us-gaap	Stock Issued During Period Value Conversion Of Units StockIssuedDuringPeriodValueConversionOfUnits	0	usd
CY2022Q1	peco	Noncontrolling Interest Increase From Contingent Consideration Liability Settlement NoncontrollingInterestIncreaseFromContingentConsiderationLiabilitySettlement	54245000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	11398000	usd
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2537669000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2597433000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax	-6499000	usd
CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.2799
CY2023Q1	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	33028000	usd
CY2023Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	4073000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	472000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Conversion Of Units StockIssuedDuringPeriodValueConversionOfUnits	0	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	18636000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	2572941000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	18636000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	11398000	usd
CY2023Q1	us-gaap	Cost Of Goods And Services Sold Depreciation And Amortization CostOfGoodsAndServicesSoldDepreciationAndAmortization	57953000	usd
CY2022Q1	us-gaap	Cost Of Goods And Services Sold Depreciation And Amortization CostOfGoodsAndServicesSoldDepreciationAndAmortization	56321000	usd
CY2023Q1	us-gaap	Other Depreciation And Amortization OtherDepreciationAndAmortization	545000	usd
CY2022Q1	us-gaap	Other Depreciation And Amortization OtherDepreciationAndAmortization	905000	usd
CY2023Q1	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	-1228000	usd
CY2022Q1	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	-1002000	usd
CY2023Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	894000	usd
CY2022Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	801000	usd
CY2023Q1	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	667000	usd
CY2022Q1	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	586000	usd
CY2023Q1	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	942000	usd
CY2022Q1	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	1368000	usd
CY2023Q1	us-gaap	Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1 BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1	0	usd
CY2022Q1	us-gaap	Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1 BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1	1809000	usd
CY2023Q1	us-gaap	Straight Line Rent StraightLineRent	2566000	usd
CY2022Q1	us-gaap	Straight Line Rent StraightLineRent	1818000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	472000	usd
CY2022Q1	us-gaap	Share Based Compensation ShareBasedCompensation	3146000	usd
CY2023Q1	us-gaap	Income Loss From Equity Method Investments Net Of Dividends Or Distributions IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions	-11000	usd
CY2022Q1	us-gaap	Income Loss From Equity Method Investments Net Of Dividends Or Distributions IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions	0	usd
CY2023Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	350000	usd
CY2022Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-487000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Receivable And Other Operating Assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets	16715000	usd
CY2022Q1	us-gaap	Increase Decrease In Accounts Receivable And Other Operating Assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets	10978000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	5386000	usd
CY2022Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-66000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	62763000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	60221000	usd
CY2023Q1	us-gaap	Payments To Acquire Commercial Real Estate PaymentsToAcquireCommercialRealEstate	69431000	usd
CY2022Q1	us-gaap	Payments To Acquire Commercial Real Estate PaymentsToAcquireCommercialRealEstate	101440000	usd
CY2023Q1	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	23878000	usd
CY2022Q1	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	18608000	usd
CY2023Q1	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	1091000	usd
CY2022Q1	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	12770000	usd
CY2023Q1	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	606000	usd
CY2022Q1	us-gaap	Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital	781000	usd
CY2023Q1	us-gaap	Proceeds From Insurance Settlement Investing Activities ProceedsFromInsuranceSettlementInvestingActivities	194000	usd
CY2022Q1	us-gaap	Proceeds From Insurance Settlement Investing Activities ProceedsFromInsuranceSettlementInvestingActivities	0	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-91418000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-106497000	usd
CY2023Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	162000000	usd
CY2022Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	102000000	usd
CY2023Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	76000000	usd
CY2022Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	56000000	usd
CY2023Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	25477000	usd
CY2022Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	62515000	usd
CY2023Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	33276000	usd
CY2022Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	30926000	usd
CY2023Q1	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	3977000	usd
CY2022Q1	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	4343000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	23270000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-51784000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-5385000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-98060000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	17349000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	115529000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	11964000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	17469000	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	6405000	usd
CY2022Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	5063000	usd
CY2023Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	5559000	usd
CY2022Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	12406000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	11964000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	17469000	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	15166000	usd
CY2022Q1	us-gaap	Interest Paid Net InterestPaidNet	14849000	usd
CY2023Q1	peco	Noncash Or Part Noncash Acquisition Value Of Contingent Consideration Liability Settled NoncashOrPartNoncashAcquisitionValueOfContingentConsiderationLiabilitySettled	0	usd
CY2022Q1	peco	Noncash Or Part Noncash Acquisition Value Of Contingent Consideration Liability Settled NoncashOrPartNoncashAcquisitionValueOfContingentConsiderationLiabilitySettled	54245000	usd
CY2023Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability	888000	usd
CY2022Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Finance Lease Liability RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability	0	usd
CY2023Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	7570000	usd
CY2022Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	6486000	usd
CY2023Q1	us-gaap	Noncash Or Part Noncash Acquisition Debt Assumed1 NoncashOrPartNoncashAcquisitionDebtAssumed1	9619000	usd
CY2022Q1	us-gaap	Noncash Or Part Noncash Acquisition Debt Assumed1 NoncashOrPartNoncashAcquisitionDebtAssumed1	0	usd
CY2023Q1	peco	Noncash Or Part Noncash Acquisition Assumed Below Market Debt NoncashOrPartNoncashAcquisitionAssumedBelowMarketDebt	443000	usd
CY2022Q1	peco	Noncash Or Part Noncash Acquisition Assumed Below Market Debt NoncashOrPartNoncashAcquisitionAssumedBelowMarketDebt	0	usd
CY2023Q1	peco	Change In Distributions Payable ChangeInDistributionsPayable	-248000	usd
CY2022Q1	peco	Change In Distributions Payable ChangeInDistributionsPayable	-11000	usd
CY2023Q1	peco	Change In Distributions Payable Noncontrolling Interests ChangeInDistributionsPayableNoncontrollingInterests	96000	usd
CY2022Q1	peco	Change In Distributions Payable Noncontrolling Interests ChangeInDistributionsPayableNoncontrollingInterests	-239000	usd
CY2023Q1	peco	Number Of Joint Ventures NumberOfJointVentures	2	joint_venture
CY2023Q1	peco	Number Of Private Funds NumberOfPrivateFunds	1	fund
CY2023Q1	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	275	property
CY2023Q1	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<span style="color:#000000;font-family:'Verdana',sans-serif;font-size:8pt;font-weight:700;line-height:120%">Reclassifications</span><span style="color:#000000;font-family:'Verdana',sans-serif;font-size:8pt;font-weight:400;line-height:120%">—Certain prior period amounts have been reclassified to conform to current year presentation in the consolidated statements of equity. The reallocation of operating partnership interests is now reflected within Conversion of Noncontrolling Interests, as opposed to being presented as a separate financial statement line item. There was no impact to the Company’s financial position as a result of this reclassification.</span>
CY2023Q1	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	108864000	usd
CY2022Q1	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	101510000	usd
CY2023Q1	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	35763000	usd
CY2022Q1	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	33467000	usd
CY2023Q1	us-gaap	Straight Line Rent Adjustments StraightLineRentAdjustments	-2443000	usd
CY2022Q1	us-gaap	Straight Line Rent Adjustments StraightLineRentAdjustments	-1695000	usd
CY2023Q1	peco	Amortizationofleaseassets Amortizationofleaseassets	1216000	usd
CY2022Q1	peco	Amortizationofleaseassets Amortizationofleaseassets	992000	usd
CY2023Q1	peco	Leasebuyoutincome Leasebuyoutincome	355000	usd
CY2022Q1	peco	Leasebuyoutincome Leasebuyoutincome	1964000	usd
CY2023Q1	peco	Adjustmentsforcollectability Adjustmentsforcollectability	913000	usd
CY2022Q1	peco	Adjustmentsforcollectability Adjustmentsforcollectability	880000	usd
CY2023Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	147728000	usd
CY2022Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	138748000	usd
CY2023Q1	us-gaap	Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear	326815000	usd
CY2023Q1	us-gaap	Lessor Operating Lease Payments To Be Received Next Twelve Months LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths	403547000	usd
CY2023Q1	us-gaap	Lessor Operating Lease Payments To Be Received Two Years LessorOperatingLeasePaymentsToBeReceivedTwoYears	346840000	usd
CY2023Q1	us-gaap	Lessor Operating Lease Payments To Be Received Three Years LessorOperatingLeasePaymentsToBeReceivedThreeYears	281485000	usd
CY2023Q1	us-gaap	Lessor Operating Lease Payments To Be Received Four Years LessorOperatingLeasePaymentsToBeReceivedFourYears	216408000	usd
CY2023Q1	peco	Lessor Operating Lease Payment To Be Received After Year Four LessorOperatingLeasePaymentToBeReceivedAfterYearFour	539314000	usd
CY2023Q1	us-gaap	Lessor Operating Lease Payments To Be Received LessorOperatingLeasePaymentsToBeReceived	2114409000	usd
CY2023Q1	peco	Number Of Real Estate Acquisitions NumberOfRealEstateAcquisitions	4	property
CY2022Q1	peco	Number Of Real Estate Acquisitions NumberOfRealEstateAcquisitions	3	property
CY2023Q1	peco	Real Estate Investment Property Acquisitions Contract Price RealEstateInvestmentPropertyAcquisitionsContractPrice	78650000	usd
CY2022Q1	peco	Real Estate Investment Property Acquisitions Contract Price RealEstateInvestmentPropertyAcquisitionsContractPrice	100400000	usd
CY2023Q1	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	69431000	usd
CY2022Q1	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	101440000	usd
CY2023Q1	peco	Asset Acquisition Assets Acquired AssetAcquisitionAssetsAcquired	83078000	usd
CY2022Q1	peco	Asset Acquisition Assets Acquired AssetAcquisitionAssetsAcquired	104567000	usd
CY2023Q1	peco	Asset Acquisition Noncurrent Liabilities Long Term Debt AssetAcquisitionNoncurrentLiabilitiesLongTermDebt	9619000	usd
CY2022Q1	peco	Asset Acquisition Noncurrent Liabilities Long Term Debt AssetAcquisitionNoncurrentLiabilitiesLongTermDebt	0	usd
CY2023Q1	us-gaap	Below Market Lease Acquired BelowMarketLeaseAcquired	4028000	usd
CY2022Q1	us-gaap	Below Market Lease Acquired BelowMarketLeaseAcquired	3127000	usd
CY2023Q1	peco	Asset Acquisition Liabilities Assumed AssetAcquisitionLiabilitiesAssumed	13647000	usd
CY2022Q1	peco	Asset Acquisition Liabilities Assumed AssetAcquisitionLiabilitiesAssumed	3127000	usd
CY2023Q1	peco	Asset Acquisition Assets Acquired And Liabilities Assumed Net AssetAcquisitionAssetsAcquiredAndLiabilitiesAssumedNet	69431000	usd
CY2022Q1	peco	Asset Acquisition Assets Acquired And Liabilities Assumed Net AssetAcquisitionAssetsAcquiredAndLiabilitiesAssumedNet	101440000	usd
CY2023Q1	peco	Acquired Below Market Leases Weighted Average Useful Life AcquiredBelowMarketLeasesWeightedAverageUsefulLife	P18Y
CY2022Q1	peco	Acquired Below Market Leases Weighted Average Useful Life AcquiredBelowMarketLeasesWeightedAverageUsefulLife	P24Y
CY2023Q1	peco	Acquired Below Market Leases Debt Weighted Average Useful Life AcquiredBelowMarketLeasesDebtWeightedAverageUsefulLife	P2Y
CY2023Q1	peco	Number Of Real Estate Dispositions NumberOfRealEstateDispositions	0	property
CY2022Q1	peco	Number Of Real Estate Dispositions NumberOfRealEstateDispositions	2	property
CY2023Q1	peco	Real Estate Investment Property Dispositions Contract Price RealEstateInvestmentPropertyDispositionsContractPrice	0	usd
CY2022Q1	peco	Real Estate Investment Property Dispositions Contract Price RealEstateInvestmentPropertyDispositionsContractPrice	13325000	usd
CY2023Q1	us-gaap	Proceeds From Sale Of Real Estate ProceedsFromSaleOfRealEstate	1091000	usd
CY2022Q1	us-gaap	Proceeds From Sale Of Real Estate ProceedsFromSaleOfRealEstate	12770000	usd
CY2023Q1	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	942000	usd
CY2022Q1	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	1368000	usd
CY2023Q1	us-gaap	Deferred Costs Leasing Gross DeferredCostsLeasingGross	50253000	usd
CY2022Q4	us-gaap	Deferred Costs Leasing Gross DeferredCostsLeasingGross	49687000	usd
CY2023Q1	us-gaap	Deferred Finance Costs Gross DeferredFinanceCostsGross	9069000	usd
CY2022Q4	us-gaap	Deferred Finance Costs Gross DeferredFinanceCostsGross	8984000	usd
CY2023Q1	us-gaap	Furniture And Fixtures Gross FurnitureAndFixturesGross	23132000	usd
CY2022Q4	us-gaap	Furniture And Fixtures Gross FurnitureAndFixturesGross	23051000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	6692000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	6692000	usd
CY2023Q1	us-gaap	Other Deferred Costs Gross OtherDeferredCostsGross	89146000	usd
CY2022Q4	us-gaap	Other Deferred Costs Gross OtherDeferredCostsGross	88414000	usd
CY2023Q1	us-gaap	Accumulated Amortization Of Other Deferred Costs AccumulatedAmortizationOfOtherDeferredCosts	48407000	usd
CY2022Q4	us-gaap	Accumulated Amortization Of Other Deferred Costs AccumulatedAmortizationOfOtherDeferredCosts	47483000	usd
CY2023Q1	us-gaap	Other Deferred Costs Net OtherDeferredCostsNet	40739000	usd
CY2022Q4	us-gaap	Other Deferred Costs Net OtherDeferredCostsNet	40931000	usd
CY2023Q1	us-gaap	Accounts Receivable Net AccountsReceivableNet	43471000	usd
CY2022Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	37274000	usd
CY2023Q1	us-gaap	Accounts Receivable Related Parties AccountsReceivableRelatedParties	1470000	usd
CY2022Q4	us-gaap	Accounts Receivable Related Parties AccountsReceivableRelatedParties	513000	usd
CY2023Q1	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	54729000	usd
CY2022Q4	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	52141000	usd
CY2023Q1	us-gaap	Derivative Assets DerivativeAssets	19200000	usd
CY2022Q4	us-gaap	Derivative Assets DerivativeAssets	25853000	usd
CY2023Q1	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	22745000	usd
CY2022Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	14575000	usd
CY2023Q1	us-gaap	Equity Method Investments EquityMethodInvestments	9800000	usd
CY2022Q4	us-gaap	Equity Method Investments EquityMethodInvestments	9800000	usd
CY2023Q1	us-gaap	Marketable Securities MarketableSecurities	8219000	usd
CY2022Q4	us-gaap	Marketable Securities MarketableSecurities	7792000	usd
CY2023Q1	us-gaap	Other Assets OtherAssets	200373000	usd
CY2022Q4	us-gaap	Other Assets OtherAssets	188879000	usd
CY2023Q1	peco	Uncollectableleasereceivablesgeneralreserves Uncollectableleasereceivablesgeneralreserves	2800000	usd
CY2022Q4	peco	Uncollectableleasereceivablesgeneralreserves Uncollectableleasereceivablesgeneralreserves	3000000	usd
CY2023Q1	peco	Lease Billings Cash Basis LeaseBillingsCashBasis	5900000	usd
CY2022Q4	peco	Lease Billings Cash Basis LeaseBillingsCashBasis	6200000	usd
CY2023Q1	peco	Uncollectible Lease Receivables Straight Line Rent UncollectibleLeaseReceivablesStraightLineRent	4000000	usd
CY2022Q4	peco	Uncollectible Lease Receivables Straight Line Rent UncollectibleLeaseReceivablesStraightLineRent	4200000	usd
CY2023Q1	us-gaap	Finance Lease Liability FinanceLeaseLiability	529000	usd
CY2022Q4	us-gaap	Finance Lease Liability FinanceLeaseLiability	585000	usd
CY2023Q1	us-gaap	Debt Instrument Unamortized Discount Premium Net DebtInstrumentUnamortizedDiscountPremiumNet	6828000	usd
CY2022Q4	us-gaap	Debt Instrument Unamortized Discount Premium Net DebtInstrumentUnamortizedDiscountPremiumNet	7001000	usd
CY2023Q1	peco	Debt Instrument Assumed Market Debt Adjustments Net DebtInstrumentAssumedMarketDebtAdjustmentsNet	1512000	usd
CY2022Q4	peco	Debt Instrument Assumed Market Debt Adjustments Net DebtInstrumentAssumedMarketDebtAdjustmentsNet	1226000	usd
CY2023Q1	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	7486000	usd
CY2022Q4	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	7963000	usd
CY2023Q1	us-gaap	Debt And Capital Lease Obligations DebtAndCapitalLeaseObligations	1967252000	usd
CY2022Q4	us-gaap	Debt And Capital Lease Obligations DebtAndCapitalLeaseObligations	1896594000	usd
CY2023Q1	us-gaap	Longterm Debt Weighted Average Interest Rate LongtermDebtWeightedAverageInterestRate	0.038
CY2022Q4	us-gaap	Longterm Debt Weighted Average Interest Rate LongtermDebtWeightedAverageInterestRate	0.036
CY2023Q1	us-gaap	Longterm Debt Percentage Bearing Fixed Interest Amount LongtermDebtPercentageBearingFixedInterestAmount	1618078000	usd
CY2022Q4	us-gaap	Longterm Debt Percentage Bearing Fixed Interest Amount LongtermDebtPercentageBearingFixedInterestAmount	1633784000	usd
CY2023Q1	us-gaap	Longterm Debt Percentage Bearing Variable Interest Amount LongtermDebtPercentageBearingVariableInterestAmount	365000000	usd
CY2022Q4	us-gaap	Longterm Debt Percentage Bearing Variable Interest Amount LongtermDebtPercentageBearingVariableInterestAmount	279000000	usd
CY2023Q1	peco	Debt And Lease Obligation Gross DebtAndLeaseObligationGross	1983078000	usd
CY2022Q4	peco	Debt And Lease Obligation Gross DebtAndLeaseObligationGross	1912784000	usd
CY2023Q1	us-gaap	Unsecured Debt UnsecuredDebt	1470000000	usd
CY2022Q4	us-gaap	Unsecured Debt UnsecuredDebt	1384000000	usd
CY2023Q1	us-gaap	Secured Debt SecuredDebt	513078000	usd
CY2022Q4	us-gaap	Secured Debt SecuredDebt	528784000	usd
CY2023Q1	peco	Debt And Lease Obligation Gross DebtAndLeaseObligationGross	1983078000	usd
CY2022Q4	peco	Debt And Lease Obligation Gross DebtAndLeaseObligationGross	1912784000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	-1952000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	22899000	usd
CY2023Q1	us-gaap	Interest Rate Derivative Liabilities At Fair Value InterestRateDerivativeLiabilitiesAtFairValue	200000	usd
CY2023Q1	us-gaap	Interest Rate Derivative Liabilities At Fair Value InterestRateDerivativeLiabilitiesAtFairValue	200000	usd
CY2023Q1	peco	Number Of Letters Of Credit Outstanding NumberOfLettersOfCreditOutstanding	4	obligation
CY2023Q1	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	12500000	usd
CY2023Q1	peco	Common Stock Voting Rights Votes CommonStockVotingRightsVotes	1	vote
CY2021Q2	peco	Noncontrolling Interest Conversion Ratio NoncontrollingInterestConversionRatio	1
CY2023Q1	peco	Common Stock Convertible Conversion Ratio CommonStockConvertibleConversionRatio	1
CY2023Q1	us-gaap	Limited Partners Capital Account Units Outstanding LimitedPartnersCapitalAccountUnitsOutstanding	14300000	shares
CY2022Q4	us-gaap	Limited Partners Capital Account Units Outstanding LimitedPartnersCapitalAccountUnitsOutstanding	14100000	shares
CY2023Q1	us-gaap	Stock Issued During Period Shares Conversion Of Units StockIssuedDuringPeriodSharesConversionOfUnits	0	shares
CY2022Q1	us-gaap	Stock Issued During Period Shares Conversion Of Units StockIssuedDuringPeriodSharesConversionOfUnits	533000	shares
CY2023Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	4073000	usd
CY2022Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	4104000	usd
CY2021Q2	peco	Noncontrolling Interest Conversion Ratio NoncontrollingInterestConversionRatio	1
CY2022Q1	peco	Common Stock Convertible Conversion Ratio CommonStockConvertibleConversionRatio	1
CY2022Q1	peco	Noncontrolling Interest Conversion Ratio NoncontrollingInterestConversionRatio	1
CY2022Q3	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	250000000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	16619000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	10079000	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	-2017000	usd
CY2022Q1	us-gaap	Net Income Loss Attributable To Redeemable Noncontrolling Interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest	-1319000	usd
CY2023Q1	peco	Net Income Loss Including Portion Attributableto Redeemable Noncontrolling Interest NetIncomeLossIncludingPortionAttributabletoRedeemableNoncontrollingInterest	18636000	usd
CY2022Q1	peco	Net Income Loss Including Portion Attributableto Redeemable Noncontrolling Interest NetIncomeLossIncludingPortionAttributabletoRedeemableNoncontrollingInterest	11398000	usd
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	117223000	shares
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	113571000	shares
CY2023Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	14234000	shares
CY2022Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	14558000	shares
CY2023Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	486000	shares
CY2022Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	374000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	131943000	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	128503000	shares
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.14
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.14
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.09
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.09
CY2023Q1	us-gaap	Revenue From Related Parties RevenueFromRelatedParties	2478000	usd
CY2022Q1	us-gaap	Revenue From Related Parties RevenueFromRelatedParties	2461000	usd
CY2023Q1	us-gaap	Long Term Debt LongTermDebt	1967252000	usd
CY2022Q4	us-gaap	Long Term Debt LongTermDebt	1896594000	usd
CY2023Q1	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	7500000	usd
CY2022Q4	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	8000000	usd
CY2023Q1	peco	Debt Instrument Assumed Market Debt Adjustments Net DebtInstrumentAssumedMarketDebtAdjustmentsNet	1500000	usd
CY2022Q4	peco	Debt Instrument Assumed Market Debt Adjustments Net DebtInstrumentAssumedMarketDebtAdjustmentsNet	1200000	usd
CY2023Q1	us-gaap	Debt Instrument Unamortized Discount Premium Net DebtInstrumentUnamortizedDiscountPremiumNet	6800000	usd
CY2022Q4	us-gaap	Debt Instrument Unamortized Discount Premium Net DebtInstrumentUnamortizedDiscountPremiumNet	7000000	usd
CY2023Q1	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	usd
CY2023Q1	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	usd
CY2023Q1	us-gaap	Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1 BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1	0	usd
CY2022Q1	us-gaap	Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1 BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1	1800000	usd

Files In Submission

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$PECO
Phillips Edison & Company, Inc. Stock $peco

2023 Q2 Form 10-Q Financial Statement

#000147620423000064 Filed on May 03, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PECO Phillips Edison & Company, Inc. Stock $peco

2023 Q2 Form 10-Q Financial Statement

#000147620423000064 Filed on May 03, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PECO
Phillips Edison & Company, Inc. Stock $peco