$PECO
Phillips Edison & Company, Inc.

2024 Q3 Form 10-Q Financial Statement

#000147620424000099 Filed on July 26, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2 2023 Q2
Revenue $165.5M $161.5M $152.1M
YoY Change 8.56% 6.16% 6.75%
Cost Of Revenue $47.10M $46.87M $43.07M
YoY Change 8.77% 8.83% 9.53%
Gross Profit $118.4M $114.6M $109.1M
YoY Change 8.45% 5.11% 5.69%
Gross Profit Margin 71.55% 70.98% 71.69%
Selling, General & Admin $11.11M $11.60M $11.81M
YoY Change 5.85% -1.76% 2.89%
% of Gross Profit 9.38% 10.12% 10.82%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $68.33M $61.17M $59.67M
YoY Change 16.4% 2.52% -1.81%
% of Gross Profit 57.69% 53.36% 54.71%
Operating Expenses $126.5M $119.2M $71.10M
YoY Change 12.59% 67.62% -36.22%
Operating Profit -$8.109M -$4.536M $37.96M
YoY Change 153.96% -111.95% -558.57%
Interest Expense -$25.00M -$23.65M -$20.58M
YoY Change -216.15% 14.91% -220.16%
% of Operating Profit -54.21%
Other Income/Expense, Net -$1.068M -$1.720M -$904.0K
YoY Change -78.13% 90.27% -37.95%
Pretax Income $12.90M $16.99M $16.21M
YoY Change -5.82% 4.79% 6.25%
Income Tax $400.0K $500.0K $100.0K
% Of Pretax Income 3.1% 2.94% 0.62%
Net Earnings $11.60M $15.27M $14.45M
YoY Change -5.25% 5.67% 6.82%
Net Earnings / Revenue 7.01% 9.45% 9.5%
Basic Earnings Per Share $0.09 $0.12 $0.12
Diluted Earnings Per Share $0.09 $0.12 $0.12
COMMON SHARES
Basic Shares Outstanding 122.5M shares 122.4M shares 117.3M shares
Diluted Shares Outstanding 136.6M shares 136.4M shares 131.9M shares

Balance Sheet

Concept 2024 Q3 2024 Q2 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $15.75M $15.91M $5.564M
YoY Change 30.98% 185.86% -82.76%
Cash & Equivalents $6.446M $7.058M $5.564M
Short-Term Investments $9.299M $8.847M $8.502M
Other Short-Term Assets $16.09M $15.35M $12.64M
YoY Change 14.96% 21.42% -13.08%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $6.446M $22.40M $18.20M
YoY Change -63.79% 23.08% -53.56%
LONG-TERM ASSETS
Property, Plant & Equipment $4.698B $4.672B $4.501B
YoY Change 4.78% 3.79% 0.96%
Goodwill $29.07M $29.07M $29.07M
YoY Change 0.0% 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $6.742M $6.794M $44.47M
YoY Change -2.16% -84.72% 1382.23%
Other Assets $2.887M $58.38M $56.00M
YoY Change -95.0% 4.24% -14.66%
Total Long-Term Assets $4.944B $4.885B $4.723B
YoY Change 5.17% 3.42% 1.45%
TOTAL ASSETS
Total Short-Term Assets $6.446M $22.40M $18.20M
Total Long-Term Assets $4.944B $4.885B $4.723B
Total Assets $4.950B $4.907B $4.741B
YoY Change 4.91% 3.5% 0.99%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $129.5M $118.1M $98.19M
YoY Change 9.95% 20.3% 5.74%
Accrued Expenses
YoY Change
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 $129.5M $118.1M $98.19M
YoY Change 9.95% 20.3% 5.74%
LONG-TERM LIABILITIES
Long-Term Debt $2.105B $2.042B $1.951B
YoY Change 12.56% 4.68% 3.95%
Other Long-Term Liabilities $136.9M $130.9M $129.9M
YoY Change 11.12% 0.8% -0.09%
Total Long-Term Liabilities $2.242B $2.173B $2.081B
YoY Change 12.47% 4.44% 3.69%
TOTAL LIABILITIES
Total Short-Term Liabilities $129.5M $118.1M $98.19M
Total Long-Term Liabilities $2.242B $2.173B $2.081B
Total Liabilities $2.371B $2.292B $2.536B
YoY Change 12.33% -9.63% 20.75%
SHAREHOLDERS EQUITY
Retained Earnings -$1.312B -$1.287B -$1.205B
YoY Change 7.01% 6.85% 6.69%
Common Stock $1.226M $1.224M $1.174M
YoY Change 2.59% 4.26%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.249B $2.280B $2.205B
YoY Change
Total Liabilities & Shareholders Equity $4.950B $4.907B $4.741B
YoY Change 4.91% 3.5% 0.99%

Cashflow Statement

Concept 2024 Q3 2024 Q2 2023 Q2
OPERATING ACTIVITIES
Net Income $11.60M $15.27M $14.45M
YoY Change -5.25% 5.67% 6.82%
Depreciation, Depletion And Amortization $68.33M $61.17M $59.67M
YoY Change 16.4% 2.52% -1.81%
Cash From Operating Activities $109.1M $78.46M $67.63M
YoY Change 23.15% 16.02% -17.81%
INVESTING ACTIVITIES
Capital Expenditures $24.77M $17.96M $23.74M
YoY Change -7.22% -24.35% -197.54%
Acquisitions
YoY Change
Other Investing Activities -$91.61M -$58.64M $8.154M
YoY Change 627.09% -819.16% -114.81%
Cash From Investing Activities -$116.4M -$76.60M -$15.58M
YoY Change 196.15% 391.49% -80.37%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 5.662M -1.011M -54.09M
YoY Change -111.1% -98.13% -331.79%
NET CHANGE
Cash From Operating Activities 109.1M 78.46M 67.63M
Cash From Investing Activities -116.4M -76.60M -15.58M
Cash From Financing Activities 5.662M -1.011M -54.09M
Net Change In Cash -1.615M 851.0K -2.048M
YoY Change -5.0% -141.55% -107.81%
FREE CASH FLOW
Cash From Operating Activities $109.1M $78.46M $67.63M
Capital Expenditures $24.77M $17.96M $23.74M
Free Cash Flow $84.34M $60.50M $43.89M
YoY Change 36.25% 37.86% -58.84%

Facts In Submission

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LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
235959000 usd
CY2024Q2 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
458773000 usd
CY2024Q2 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
395388000 usd
CY2024Q2 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
327469000 usd
CY2024Q2 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
255681000 usd
CY2024Q2 peco Lessor Operating Lease Payment To Be Received After Year Four
LessorOperatingLeasePaymentToBeReceivedAfterYearFour
647683000 usd
CY2024Q2 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
2320953000 usd
peco Number Of Real Estate Acquisitions
NumberOfRealEstateAcquisitions
4 property
peco Number Of Real Estate Acquisitions
NumberOfRealEstateAcquisitions
4 property
peco Number Of Land Parcels Acquired
NumberOfLandParcelsAcquired
2 parcel
peco Number Of Land Parcels Acquired
NumberOfLandParcelsAcquired
0 parcel
peco Real Estate Investment Property Acquisitions Contract Price
RealEstateInvestmentPropertyAcquisitionsContractPrice
115352000 usd
peco Real Estate Investment Property Acquisitions Contract Price
RealEstateInvestmentPropertyAcquisitionsContractPrice
78650000 usd
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
116211000 usd
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
69464000 usd
peco Asset Acquisition Assets Acquired
AssetAcquisitionAssetsAcquired
126696000 usd
peco Asset Acquisition Assets Acquired
AssetAcquisitionAssetsAcquired
83109000 usd
peco Asset Acquisition Noncurrent Liabilities Long Term Debt
AssetAcquisitionNoncurrentLiabilitiesLongTermDebt
0 usd
peco Asset Acquisition Noncurrent Liabilities Long Term Debt
AssetAcquisitionNoncurrentLiabilitiesLongTermDebt
9615000 usd
us-gaap Below Market Lease Acquired
BelowMarketLeaseAcquired
10260000 usd
us-gaap Below Market Lease Acquired
BelowMarketLeaseAcquired
4030000 usd
peco Asset Acquisition Other Liabilities Assumed
AssetAcquisitionOtherLiabilitiesAssumed
225000 usd
peco Asset Acquisition Other Liabilities Assumed
AssetAcquisitionOtherLiabilitiesAssumed
0 usd
peco Asset Acquisition Liabilities Assumed
AssetAcquisitionLiabilitiesAssumed
10485000 usd
peco Asset Acquisition Liabilities Assumed
AssetAcquisitionLiabilitiesAssumed
13645000 usd
peco Asset Acquisition Assets Acquired And Liabilities Assumed Net
AssetAcquisitionAssetsAcquiredAndLiabilitiesAssumedNet
116211000 usd
peco Asset Acquisition Assets Acquired And Liabilities Assumed Net
AssetAcquisitionAssetsAcquiredAndLiabilitiesAssumedNet
69464000 usd
peco Acquired Below Market Leases Weighted Average Useful Life
AcquiredBelowMarketLeasesWeightedAverageUsefulLife
P15Y
peco Acquired Below Market Leases Weighted Average Useful Life
AcquiredBelowMarketLeasesWeightedAverageUsefulLife
P18Y
peco Acquired Below Market Leases Debt Weighted Average Useful Life
AcquiredBelowMarketLeasesDebtWeightedAverageUsefulLife
P2Y
peco Number Of Real Estate Dispositions
NumberOfRealEstateDispositions
0 property
peco Number Of Real Estate Dispositions
NumberOfRealEstateDispositions
1 property
peco Number Of Parcels Sold During Period
NumberOfParcelsSoldDuringPeriod
2 parcel
peco Real Estate Investment Property Dispositions Contract Price
RealEstateInvestmentPropertyDispositionsContractPrice
6300000 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
7100000 usd
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
1000000.0 usd
CY2024Q2 us-gaap Deferred Costs Leasing Gross
DeferredCostsLeasingGross
54487000 usd
CY2023Q4 us-gaap Deferred Costs Leasing Gross
DeferredCostsLeasingGross
53379000 usd
CY2024Q2 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
8984000 usd
CY2023Q4 us-gaap Deferred Finance Costs Gross
DeferredFinanceCostsGross
8984000 usd
CY2024Q2 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
25091000 usd
CY2023Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
24073000 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
6686000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
6686000 usd
CY2024Q2 us-gaap Other Deferred Costs Gross
OtherDeferredCostsGross
95248000 usd
CY2023Q4 us-gaap Other Deferred Costs Gross
OtherDeferredCostsGross
93122000 usd
CY2024Q2 us-gaap Accumulated Amortization Of Other Deferred Costs
AccumulatedAmortizationOfOtherDeferredCosts
53446000 usd
CY2023Q4 us-gaap Accumulated Amortization Of Other Deferred Costs
AccumulatedAmortizationOfOtherDeferredCosts
53205000 usd
CY2024Q2 us-gaap Other Deferred Costs Net
OtherDeferredCostsNet
41802000 usd
CY2023Q4 us-gaap Other Deferred Costs Net
OtherDeferredCostsNet
39917000 usd
CY2024Q2 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
66735000 usd
CY2023Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
62288000 usd
CY2024Q2 us-gaap Derivative Assets
DerivativeAssets
12686000 usd
CY2023Q4 us-gaap Derivative Assets
DerivativeAssets
12669000 usd
CY2024Q2 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
15345000 usd
CY2023Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
10745000 usd
CY2024Q2 us-gaap Equity Method Investments
EquityMethodInvestments
6794000 usd
CY2023Q4 us-gaap Equity Method Investments
EquityMethodInvestments
6875000 usd
CY2024Q2 us-gaap Marketable Securities
MarketableSecurities
8847000 usd
CY2023Q4 us-gaap Marketable Securities
MarketableSecurities
8566000 usd
CY2024Q2 us-gaap Other Assets
OtherAssets
196041000 usd
CY2023Q4 us-gaap Other Assets
OtherAssets
186411000 usd
CY2024Q2 peco Uncollectableleasereceivablesgeneralreserves
Uncollectableleasereceivablesgeneralreserves
3100000 usd
CY2023Q4 peco Uncollectableleasereceivablesgeneralreserves
Uncollectableleasereceivablesgeneralreserves
1900000 usd
CY2024Q2 peco Lease Billings Cash Basis
LeaseBillingsCashBasis
6600000 usd
CY2023Q4 peco Lease Billings Cash Basis
LeaseBillingsCashBasis
6000000.0 usd
CY2024Q2 peco Uncollectible Lease Receivables Straight Line Rent
UncollectibleLeaseReceivablesStraightLineRent
5200000 usd
CY2023Q4 peco Uncollectible Lease Receivables Straight Line Rent
UncollectibleLeaseReceivablesStraightLineRent
4600000 usd
CY2024Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
171000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
308000 usd
CY2024Q2 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
14424000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
6302000 usd
CY2024Q2 peco Debt Instrument Assumed Market Debt Adjustments Net
DebtInstrumentAssumedMarketDebtAdjustmentsNet
396000 usd
CY2023Q4 peco Debt Instrument Assumed Market Debt Adjustments Net
DebtInstrumentAssumedMarketDebtAdjustmentsNet
858000 usd
CY2024Q2 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
8483000 usd
CY2023Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
10303000 usd
CY2024Q2 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
2042483000 usd
CY2023Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
1969272000 usd
CY2024Q2 us-gaap Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
0.042
CY2023Q4 us-gaap Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
0.042
CY2024Q2 us-gaap Longterm Debt Percentage Bearing Fixed Interest Amount
LongtermDebtPercentageBearingFixedInterestAmount
1889036000 usd
CY2023Q4 us-gaap Longterm Debt Percentage Bearing Fixed Interest Amount
LongtermDebtPercentageBearingFixedInterestAmount
1540985000 usd
CY2024Q2 us-gaap Longterm Debt Percentage Bearing Variable Interest Amount
LongtermDebtPercentageBearingVariableInterestAmount
176750000 usd
CY2023Q4 us-gaap Longterm Debt Percentage Bearing Variable Interest Amount
LongtermDebtPercentageBearingVariableInterestAmount
445750000 usd
CY2024Q2 peco Debt And Lease Obligation Gross
DebtAndLeaseObligationGross
2065786000 usd
CY2023Q4 peco Debt And Lease Obligation Gross
DebtAndLeaseObligationGross
1986735000 usd
CY2024Q2 us-gaap Unsecured Debt
UnsecuredDebt
1576750000 usd
CY2023Q4 us-gaap Unsecured Debt
UnsecuredDebt
1495750000 usd
CY2024Q2 us-gaap Secured Debt
SecuredDebt
489036000 usd
CY2023Q4 us-gaap Secured Debt
SecuredDebt
490985000 usd
CY2024Q2 peco Debt And Lease Obligation Gross
DebtAndLeaseObligationGross
2065786000 usd
CY2023Q4 peco Debt And Lease Obligation Gross
DebtAndLeaseObligationGross
1986735000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
2524000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
12062000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
9978000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
10110000 usd
CY2024Q2 peco Number Of Letters Of Credit Outstanding
NumberOfLettersOfCreditOutstanding
4 letterofcredit
CY2024Q2 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
21400000 usd
CY2024Q2 peco Common Stock Voting Rights Votes
CommonStockVotingRightsVotes
1 vote
CY2024Q1 peco Sale Of Stock Sales Agreement Authorized Amount
SaleOfStockSalesAgreementAuthorizedAmount
250000000 usd
CY2024Q2 us-gaap Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
13700000 shares
CY2023Q4 us-gaap Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
13800000 shares
CY2024Q2 us-gaap Stock Issued During Period Shares Conversion Of Units
StockIssuedDuringPeriodSharesConversionOfUnits
60000 shares
CY2023Q2 us-gaap Stock Issued During Period Shares Conversion Of Units
StockIssuedDuringPeriodSharesConversionOfUnits
164000 shares
us-gaap Stock Issued During Period Shares Conversion Of Units
StockIssuedDuringPeriodSharesConversionOfUnits
252000 shares
us-gaap Stock Issued During Period Shares Conversion Of Units
StockIssuedDuringPeriodSharesConversionOfUnits
164000 shares
CY2024Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
4212000 usd
CY2023Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
4107000 usd
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
8355000 usd
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
8180000 usd
CY2022Q1 peco Noncontrolling Interest Conversion Ratio
NoncontrollingInterestConversionRatio
1
CY2022Q3 srt Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
250000000 usd
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
0 shares
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
15271000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
14451000 usd
us-gaap Net Income Loss
NetIncomeLoss
32941000 usd
us-gaap Net Income Loss
NetIncomeLoss
31070000 usd
CY2024Q2 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-1715000 usd
CY2023Q2 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-1758000 usd
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-3671000 usd
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-3775000 usd
CY2024Q2 peco Net Income Loss Including Portion Attributableto Redeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributabletoRedeemableNoncontrollingInterest
16986000 usd
CY2023Q2 peco Net Income Loss Including Portion Attributableto Redeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributabletoRedeemableNoncontrollingInterest
16209000 usd
peco Net Income Loss Including Portion Attributableto Redeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributabletoRedeemableNoncontrollingInterest
36612000 usd
peco Net Income Loss Including Portion Attributableto Redeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributabletoRedeemableNoncontrollingInterest
34845000 usd
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
122391000 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
117304000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
122306000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
117264000 shares
CY2024Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
13676000 shares
CY2023Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
14238000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
13714000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
14236000 shares
CY2024Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
372000 shares
CY2023Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
345000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
436000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
504000 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
136439000 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
131887000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
136456000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
132004000 shares
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.12
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.12
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.12
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.12
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.27
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.27
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.26
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.26
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2522000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2546000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5087000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5024000 usd
CY2024Q2 us-gaap Long Term Debt
LongTermDebt
2042483000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
1969272000 usd
CY2024Q2 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
8500000 usd
CY2023Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
10300000 usd
CY2024Q2 peco Debt Instrument Assumed Market Debt Adjustments Net
DebtInstrumentAssumedMarketDebtAdjustmentsNet
400000 usd
CY2023Q4 peco Debt Instrument Assumed Market Debt Adjustments Net
DebtInstrumentAssumedMarketDebtAdjustmentsNet
900000 usd
CY2024Q2 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
14400000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
6300000 usd
CY2024Q2 us-gaap Interest Receivable
InterestReceivable
1500000 usd
CY2023Q4 us-gaap Interest Receivable
InterestReceivable
1700000 usd
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 usd
CY2024Q2 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 usd
CY2023Q2 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 usd
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 usd

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