2023 Q2 Form 10-Q Financial Statement

#000117152023000162 Filed on May 04, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2022 Q1
Revenue $49.90M $49.40M $42.81M
YoY Change 9.39% 15.4% 34.1%
Cost Of Revenue $15.68M $15.95M $14.07M
YoY Change 13.71% 13.36% 23.06%
Gross Profit $34.22M $33.46M $28.74M
YoY Change 7.52% 16.41% 40.26%
Gross Profit Margin 68.57% 67.72% 67.14%
Selling, General & Admin $3.851M $3.456M $3.561M
YoY Change -7.32% -2.95% 18.31%
% of Gross Profit 11.25% 10.33% 12.39%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $23.42M $23.80M $22.69M
YoY Change 45.51% 4.89% 43.8%
% of Gross Profit 68.43% 71.14% 78.95%
Operating Expenses $27.27M $43.20M $26.25M
YoY Change -35.31% 64.56% 39.79%
Operating Profit $6.950M -$9.746M $2.488M
YoY Change -167.29% -491.72% 45.5%
Interest Expense -$9.584M $9.535M -$4.782M
YoY Change -220.93% -299.39% -9.43%
% of Operating Profit -137.9% -192.2%
Other Income/Expense, Net -$9.584M -$9.535M -$6.958M
YoY Change 20.93% 37.04%
Pretax Income -$2.634M -$3.336M -$4.470M
YoY Change -40.99% -25.37% 50.0%
Income Tax
% Of Pretax Income
Net Earnings -$3.602M -$3.298M -$4.470M
YoY Change -18.3% -26.22% 49.8%
Net Earnings / Revenue -7.22% -6.68% -10.44%
Basic Earnings Per Share -$0.08 -$0.10 -$0.21
Diluted Earnings Per Share -$0.08 -$0.10 -$121.7K
COMMON SHARES
Basic Shares Outstanding 43.03M shares 43.03M shares 36.23M shares
Diluted Shares Outstanding 42.65M shares 42.60M shares

Balance Sheet

Concept 2023 Q2 2023 Q1 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $19.01M $20.40M $25.61M
YoY Change 14.75% -20.36% 101.65%
Cash & Equivalents $38.52M $38.43M $42.27M
Short-Term Investments
Other Short-Term Assets $16.66M
YoY Change 7.48%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $19.01M $20.40M $42.27M
YoY Change -47.29% -51.75% 49.89%
LONG-TERM ASSETS
Property, Plant & Equipment $1.337B $1.347B $1.292B
YoY Change 0.14% 4.19% 53.97%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00
YoY Change -100.0%
Other Assets $19.51M $18.04M $38.58M
YoY Change -56.92% -53.25% 104.11%
Total Long-Term Assets $1.482B $1.486B $1.416B
YoY Change 1.25% 4.95% 51.67%
TOTAL ASSETS
Total Short-Term Assets $19.01M $20.40M $42.27M
Total Long-Term Assets $1.482B $1.486B $1.416B
Total Assets $1.501B $1.506B $1.458B
YoY Change 0.08% 3.31% 51.61%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $64.17M $64.15M $56.57M
YoY Change 1.06% 13.41% 29.44%
Accrued Expenses $6.325M $6.586M $7.589M
YoY Change -13.89% -13.22% -8.57%
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 $70.49M $70.74M $67.49M
YoY Change -4.53% 4.81% 23.84%
LONG-TERM LIABILITIES
Long-Term Debt $923.6M $925.2M $862.7M
YoY Change 4.7% 7.25% 63.6%
Other Long-Term Liabilities $7.179M $8.014M $7.589M
YoY Change -2.26% 5.6% -8.57%
Total Long-Term Liabilities $930.8M $933.2M $870.3M
YoY Change 4.64% 7.23% 62.48%
TOTAL LIABILITIES
Total Short-Term Liabilities $70.49M $70.74M $67.49M
Total Long-Term Liabilities $930.8M $933.2M $870.3M
Total Liabilities $1.006B $1.004B $942.7M
YoY Change 4.46% 6.5% 58.51%
SHAREHOLDERS EQUITY
Retained Earnings -$200.1M -$197.5M
YoY Change 7.55%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $494.3M $450.6M $515.6M
YoY Change
Total Liabilities & Shareholders Equity $1.501B $1.506B $1.458B
YoY Change 0.08% 3.31% 51.61%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2022 Q1
OPERATING ACTIVITIES
Net Income -$3.602M -$3.298M -$4.470M
YoY Change -18.3% -26.22% 49.8%
Depreciation, Depletion And Amortization $23.42M $23.80M $22.69M
YoY Change 45.51% 4.89% 43.8%
Cash From Operating Activities $20.90M $18.60M $14.29M
YoY Change -2.22% 30.19% -3.52%
INVESTING ACTIVITIES
Capital Expenditures $9.552M $8.968M -$137.4M
YoY Change -115.84% -106.52% 117.2%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change -100.0% -100.0%
Cash From Investing Activities -$9.552M -$8.968M -$137.4M
YoY Change -84.1% -93.48% 125.06%
FINANCING ACTIVITIES
Cash Dividend Paid $10.45M $9.338M
YoY Change 11.91%
Common Stock Issuance & Retirement, Net $17.12M
YoY Change -59.72%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -11.26M -$2.415M 122.1M
YoY Change -134.65% -101.98% 188.0%
NET CHANGE
Cash From Operating Activities 20.90M $18.60M 14.29M
Cash From Investing Activities -9.552M -$8.968M -137.4M
Cash From Financing Activities -11.26M -$2.415M 122.1M
Net Change In Cash 85.00K $7.219M -1.105M
YoY Change -101.37% -753.3% -71.52%
FREE CASH FLOW
Cash From Operating Activities $20.90M $18.60M $14.29M
Capital Expenditures $9.552M $8.968M -$137.4M
Free Cash Flow $11.35M $9.634M $151.7M
YoY Change -86.11% -93.65% 94.31%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001515816
CY2023Q1 dei Amendment Flag
AmendmentFlag
false
CY2023Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023Q1 plym Earnings Loss In Investment Of Unconsolidated Joint Venture
EarningsLossInInvestmentOfUnconsolidatedJointVenture
usd
CY2023Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
usd
CY2023Q1 plym Appreciation Depreciation Of Warrants
AppreciationDepreciationOfWarrants
usd
CY2023Q1 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
usd
CY2022Q1 plym Loss On Extinguishment Of Series A Preferred Stock
LossOnExtinguishmentOfSeriesAPreferredStock
usd
CY2023Q1 plym Restricted Shares Issued Forfeited
RestrictedSharesIssuedForfeited
usd
CY2023Q1 plym Reallocation Of Noncontrolling Interest
ReallocationOfNoncontrollingInterest
usd
CY2022Q1 plym Restricted Shares Issued Forfeited
RestrictedSharesIssuedForfeited
usd
CY2022Q1 plym Reallocation Of Noncontrolling Interest
ReallocationOfNoncontrollingInterest
usd
CY2023Q1 us-gaap Extinguishment Of Debt Gain Loss Net Of Tax
ExtinguishmentOfDebtGainLossNetOfTax
usd
CY2023Q1 plym Appreciation Depreciation Of Warrants
AppreciationDepreciationOfWarrants
usd
CY2023Q1 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
usd
CY2023Q1 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
usd
CY2023Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
usd
CY2022Q1 us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
usd
CY2023Q1 plym Assumption Of Cash Cash Held In Escrow And Restricted Cash Upon Consolidation Of Investment In Joint Venture
AssumptionOfCashCashHeldInEscrowAndRestrictedCashUponConsolidationOfInvestmentInJointVenture
usd
CY2023Q1 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
usd
CY2023Q1 plym Conversion Of Common Stock Warrants
ConversionOfCommonStockWarrants
usd
CY2023Q1 us-gaap Transfer To Investments
TransferToInvestments
usd
CY2023Q1 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
usd
CY2023Q1 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
usd
CY2023Q1 dei Document Type
DocumentType
10-Q
CY2023Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2023Q1 plym Assumption Of Secured Debt Upon Consolidation Of Investment In Joint Venture
AssumptionOfSecuredDebtUponConsolidationOfInvestmentInJointVenture
usd
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
shares
CY2023Q1 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
usd
CY2022Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
usd
CY2023Q1 dei Entity File Number
EntityFileNumber
001-38106
CY2023Q1 dei Entity Registrant Name
EntityRegistrantName
PLYMOUTH INDUSTRIAL REIT, INC.
CY2023Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
MD
CY2023Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
27-5466153
CY2023Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
20 Custom House Street
CY2023Q1 dei Entity Address Address Line2
EntityAddressAddressLine2
11th Floor
CY2023Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Boston
CY2023Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
MA
CY2023Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
02110
CY2023Q1 dei City Area Code
CityAreaCode
(617)
CY2023Q1 dei Local Phone Number
LocalPhoneNumber
340-3814
CY2023Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2023Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2023Q1 dei Entity Filer Category
EntityFilerCategory
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
43030864 shares
CY2023Q1 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1563493000 usd
CY2022Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1555846000 usd
CY2023Q1 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
222418000 usd
CY2022Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
205629000 usd
CY2023Q1 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1341075000 usd
CY2022Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1350217000 usd
CY2023Q1 us-gaap Cash
Cash
20396000 usd
CY2022Q4 us-gaap Cash
Cash
11003000 usd
CY2023Q1 us-gaap Escrow Deposit
EscrowDeposit
11189000 usd
CY2022Q4 us-gaap Escrow Deposit
EscrowDeposit
13376000 usd
CY2023Q1 us-gaap Restricted Cash
RestrictedCash
6847000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
6834000 usd
CY2023Q1 us-gaap Deferred Rent Asset Net Current
DeferredRentAssetNetCurrent
66109000 usd
CY2022Q4 us-gaap Deferred Rent Asset Net Current
DeferredRentAssetNetCurrent
70718000 usd
CY2023Q1 us-gaap Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
23045000 usd
CY2022Q4 us-gaap Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
30115000 usd
CY2023Q1 us-gaap Other Assets
OtherAssets
37798000 usd
CY2022Q4 us-gaap Other Assets
OtherAssets
39055000 usd
CY2023Q1 us-gaap Assets
Assets
1506459000 usd
CY2022Q4 us-gaap Assets
Assets
1521318000 usd
CY2023Q1 us-gaap Secured Long Term Debt
SecuredLongTermDebt
387942000 usd
CY2022Q4 us-gaap Secured Long Term Debt
SecuredLongTermDebt
389531000 usd
CY2023Q1 us-gaap Unsecured Long Term Debt
UnsecuredLongTermDebt
447494000 usd
CY2022Q4 us-gaap Unsecured Long Term Debt
UnsecuredLongTermDebt
447345000 usd
CY2023Q1 us-gaap Line Of Credit
LineOfCredit
87500000 usd
CY2022Q4 us-gaap Line Of Credit
LineOfCredit
77500000 usd
CY2023Q1 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
70739000 usd
CY2022Q4 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
72551000 usd
CY2023Q1 us-gaap Below Market Lease Net
BelowMarketLeaseNet
8014000 usd
CY2022Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
8918000 usd
CY2023Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
2254000 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
2248000 usd
CY2023Q1 us-gaap Liabilities
Liabilities
1003943000 usd
CY2022Q4 us-gaap Liabilities
Liabilities
998093000 usd
CY2023Q1 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
0.01
CY2023Q1 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
100000000 shares
CY2022Q4 us-gaap Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
100000000 shares
CY2023Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
900000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
900000000 shares
CY2023Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
43030864 shares
CY2023Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
43030864 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
42849489 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
42849489 shares
CY2023Q1 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
430000 usd
CY2022Q4 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
428000 usd
CY2023Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
624942000 usd
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
635068000 usd
CY2023Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-197543000 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-194243000 usd
CY2023Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
22750000 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
29739000 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
450579000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
470992000 usd
CY2023Q1 us-gaap Minority Interest
MinorityInterest
5134000 usd
CY2022Q4 us-gaap Minority Interest
MinorityInterest
5389000 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
455713000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
476381000 usd
CY2023Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1506459000 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1521318000 usd
CY2023Q1 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
49371000 usd
CY2022Q1 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
42720000 usd
CY2023Q1 us-gaap Property Management Fee Revenue
PropertyManagementFeeRevenue
29000 usd
CY2022Q1 us-gaap Property Management Fee Revenue
PropertyManagementFeeRevenue
86000 usd
CY2023Q1 us-gaap Revenues
Revenues
49400000 usd
CY2022Q1 us-gaap Revenues
Revenues
42806000 usd
CY2023Q1 us-gaap Carrying Costs Property And Exploration Rights
CarryingCostsPropertyAndExplorationRights
15954000 usd
CY2022Q1 us-gaap Carrying Costs Property And Exploration Rights
CarryingCostsPropertyAndExplorationRights
14075000 usd
CY2023Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
23800000 usd
CY2022Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
22691000 usd
CY2023Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3447000 usd
CY2022Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3552000 usd
CY2023Q1 us-gaap Operating Expenses
OperatingExpenses
43201000 usd
CY2022Q1 us-gaap Operating Expenses
OperatingExpenses
40318000 usd
CY2023Q1 us-gaap Interest Expense
InterestExpense
9535000 usd
CY2022Q1 us-gaap Interest Expense
InterestExpense
6395000 usd
CY2022Q1 plym Earnings Loss In Investment Of Unconsolidated Joint Venture
EarningsLossInInvestmentOfUnconsolidatedJointVenture
147000 usd
CY2022Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2176000 usd
CY2022Q1 plym Appreciation Depreciation Of Warrants
AppreciationDepreciationOfWarrants
-1760000 usd
CY2023Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-9535000 usd
CY2022Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-6958000 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
-3336000 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
-4470000 usd
CY2023Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-38000 usd
CY2022Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-60000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-3298000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-4410000 usd
CY2023Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
916000 usd
CY2022Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1699000 usd
CY2022Q1 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
1500000 usd
CY2023Q1 plym Loss On Extinguishment Of Series A Preferred Stock
LossOnExtinguishmentOfSeriesAPreferredStock
2000 usd
CY2023Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
88000 usd
CY2022Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
67000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-4304000 usd
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-7676000 usd
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.10
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.21
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42604770 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36227582 shares
CY2023Q1 us-gaap Profit Loss
ProfitLoss
-3336000 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
-4470000 usd
CY2023Q1 us-gaap Fair Value Net Derivative Asset Liability Recurring Basis Still Held Unrealized Gain Loss Oci
FairValueNetDerivativeAssetLiabilityRecurringBasisStillHeldUnrealizedGainLossOci
-7070000 usd
CY2022Q1 us-gaap Fair Value Net Derivative Asset Liability Recurring Basis Still Held Unrealized Gain Loss Oci
FairValueNetDerivativeAssetLiabilityRecurringBasisStillHeldUnrealizedGainLossOci
10068000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-7070000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
10068000 usd
CY2023Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-10406000 usd
CY2022Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
5598000 usd
CY2023Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-38000 usd
CY2022Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-60000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-81000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
135000 usd
CY2023Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-10287000 usd
CY2022Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
5523000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
476381000 usd
CY2023Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
2000 usd
CY2023Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
-137000 usd
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
585000 usd
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
10708000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-7070000 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
-3336000 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
455713000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
360600000 usd
CY2022Q1 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
1500000 usd
CY2022Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
17123000 usd
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
442000 usd
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
9943000 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
10068000 usd
CY2022Q1 plym Conversion Of Common Stock Warrants
ConversionOfCommonStockWarrants
3758000 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
-4470000 usd
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
376078000 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
-3336000 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
-4470000 usd
CY2023Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
23800000 usd
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
22691000 usd
CY2023Q1 us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
-912000 usd
CY2022Q1 us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
-822000 usd
CY2023Q1 plym Intangible Amortization In Rental Revenue Net
IntangibleAmortizationInRentalRevenueNet
-734000 usd
CY2022Q1 plym Intangible Amortization In Rental Revenue Net
IntangibleAmortizationInRentalRevenueNet
-1546000 usd
CY2022Q1 us-gaap Extinguishment Of Debt Gain Loss Net Of Tax
ExtinguishmentOfDebtGainLossNetOfTax
-2176000 usd
CY2023Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
568000 usd
CY2022Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
505000 usd
CY2022Q1 plym Appreciation Depreciation Of Warrants
AppreciationDepreciationOfWarrants
-1760000 usd
CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
585000 usd
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
442000 usd
CY2022Q1 us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-147000 usd
CY2023Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1946000 usd
CY2022Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-362000 usd
CY2023Q1 us-gaap Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
1060000 usd
CY2022Q1 us-gaap Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
648000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-2255000 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-2789000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
18602000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
14288000 usd
CY2022Q1 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
131131000 usd
CY2023Q1 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
8968000 usd
CY2022Q1 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
6316000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-8968000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-137447000 usd
CY2023Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
-137000 usd
CY2022Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
17123000 usd
CY2023Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
1768000 usd
CY2022Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
16630000 usd
CY2023Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
10000000 usd
CY2022Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
141000000 usd
CY2022Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
10000000 usd
CY2023Q1 us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
43000 usd
CY2023Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
17000 usd
CY2022Q1 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
101000 usd
CY2023Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
10450000 usd
CY2022Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
9338000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-2415000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
122054000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
7219000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1105000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
31213000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
43374000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
38432000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
42269000 usd
CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
9008000 usd
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
5310000 usd
CY2022Q1 plym Assumption Of Cash Cash Held In Escrow And Restricted Cash Upon Consolidation Of Investment In Joint Venture
AssumptionOfCashCashHeldInEscrowAndRestrictedCashUponConsolidationOfInvestmentInJointVenture
2895000 usd
CY2023Q1 us-gaap Dividends
Dividends
9682000 usd
CY2022Q1 us-gaap Dividends
Dividends
8887000 usd
CY2023Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
110000 usd
CY2022Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
108000 usd
CY2022Q1 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
1500000 usd
CY2023Q1 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
5758000 usd
CY2022Q1 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
3321000 usd
CY2023Q1 plym Deferred Leasing Costs Included In Accounts Payable Accrued Expenses And Other Liabilities
DeferredLeasingCostsIncludedInAccountsPayableAccruedExpensesAndOtherLiabilities
1913000 usd
CY2022Q1 plym Deferred Leasing Costs Included In Accounts Payable Accrued Expenses And Other Liabilities
DeferredLeasingCostsIncludedInAccountsPayableAccruedExpensesAndOtherLiabilities
1172000 usd
CY2022Q1 plym Conversion Of Common Stock Warrants
ConversionOfCommonStockWarrants
3758000 usd
CY2022Q1 us-gaap Transfer To Investments
TransferToInvestments
5686000 usd
CY2022Q1 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
638000 usd
CY2022Q1 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
1955000 usd
CY2022Q1 plym Assumption Of Secured Debt Upon Consolidation Of Investment In Joint Venture
AssumptionOfSecuredDebtUponConsolidationOfInvestmentInJointVenture
56000000 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
116000 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
155000 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
170000 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
170000 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
170000 usd
CY2023Q1 us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_849_eus-gaap--UseOfEstimates_zBOmspS6aqp" style="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-align: justify"><b><i><span id="xdx_868_z82TDmhhdsN3">Use of Estimates</span></i></b></p> <p style="font: 10pt Times New Roman,serif; margin: 0 0 6pt; text-align: justify; text-indent: 0.25in">The preparation of the condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Management makes significant estimates regarding the allocation of tangible and intangible assets and liabilities for real estate acquisitions, impairments of long-lived assets and stock-based compensation. These estimates and assumptions are based on management’s best estimates and judgment. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment. Management adjusts such estimates when facts and circumstances dictate. As future events and their effects cannot be determined with precision, actual results could differ from those estimates and assumptions.</p>
CY2023Q1 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
6367000 usd
CY2023Q1 us-gaap Cash
Cash
20396000 usd
CY2022Q4 us-gaap Cash
Cash
11003000 usd
CY2023Q1 us-gaap Escrow Deposit
EscrowDeposit
11189000 usd
CY2022Q4 us-gaap Escrow Deposit
EscrowDeposit
13376000 usd
CY2023Q1 us-gaap Restricted Cash
RestrictedCash
6847000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
6834000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
38432000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
31213000 usd
CY2023Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
10832000 usd
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
10815000 usd
CY2023Q1 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
6568000 usd
CY2022Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
6175000 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
7148000 usd
CY2023Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
4894000 usd
CY2023Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
2254000 usd
CY2023Q1 us-gaap Land
Land
231829000 usd
CY2022Q4 us-gaap Land
Land
231829000 usd
CY2023Q1 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
1175037000 usd
CY2022Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
1141832000 usd
CY2023Q1 us-gaap Land Improvements
LandImprovements
132295000 usd
CY2022Q4 us-gaap Land Improvements
LandImprovements
132295000 usd
CY2023Q1 us-gaap Development In Process
DevelopmentInProcess
24332000 usd
CY2022Q4 us-gaap Development In Process
DevelopmentInProcess
49890000 usd
CY2023Q1 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1563493000 usd
CY2022Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1555846000 usd
CY2023Q1 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
222418000 usd
CY2022Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
205629000 usd
CY2023Q1 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1341075000 usd
CY2022Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1350217000 usd
CY2023Q1 us-gaap Depreciation
Depreciation
16871000 usd
CY2022Q1 us-gaap Depreciation
Depreciation
14393000 usd
CY2023Q1 us-gaap Secured Long Term Debt
SecuredLongTermDebt
387942000 usd
CY2022Q4 us-gaap Secured Long Term Debt
SecuredLongTermDebt
389531000 usd
CY2023Q1 us-gaap Unsecured Long Term Debt
UnsecuredLongTermDebt
447494000 usd
CY2022Q4 us-gaap Unsecured Long Term Debt
UnsecuredLongTermDebt
447345000 usd
CY2023Q1 us-gaap Line Of Credit
LineOfCredit
87500000 usd
CY2022Q4 us-gaap Line Of Credit
LineOfCredit
77500000 usd
CY2023Q1 us-gaap Lease Income
LeaseIncome
35940000 usd
CY2022Q1 us-gaap Lease Income
LeaseIncome
30584000 usd
CY2023Q1 us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
-912000 usd
CY2022Q1 us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
-822000 usd
CY2023Q1 plym Tenant Recoveries
TenantRecoveries
11785000 usd
CY2022Q1 plym Tenant Recoveries
TenantRecoveries
9768000 usd
CY2023Q1 us-gaap Adjustment For Amortization
AdjustmentForAmortization
170000 usd
CY2022Q1 us-gaap Adjustment For Amortization
AdjustmentForAmortization
166000 usd
CY2023Q1 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
904000 usd
CY2022Q1 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
1712000 usd
CY2023Q1 plym Total Real Estate Revenue
TotalRealEstateRevenue
49371000 usd
CY2022Q1 plym Total Real Estate Revenue
TotalRealEstateRevenue
42720000 usd
CY2023Q1 us-gaap Lessee Operating Lease Description
LesseeOperatingLeaseDescription
five
CY2023Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
5487000 usd
CY2023Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
6586000 usd
CY2023Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.040 pure
CY2023Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y6M
CY2023Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
192000 usd
CY2022Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
215000 usd
CY2023Q1 plym Operating Lease Expense Attributable To Ground Sublease
OperatingLeaseExpenseAttributableToGroundSublease
9000 usd
CY2022Q1 plym Operating Lease Expense Attributable To Ground Sublease
OperatingLeaseExpenseAttributableToGroundSublease
9000 usd
CY2023Q1 plym Noncash Adjustment Due To Asc842
NoncashAdjustmentDueToAsc842
34000 usd
CY2022Q1 plym Noncash Adjustment Due To Asc842
NoncashAdjustmentDueToAsc842
25000 usd
CY2023Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
235000 usd
CY2022Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
249000 usd
CY2023Q1 us-gaap Secured Debt
SecuredDebt
389459000 usd
CY2023Q1 plym Secured Debt Fair Value
SecuredDebtFairValue
374149000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
985000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1280000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
894000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
803000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
818000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
3491000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
8271000 usd
CY2023Q1 plym Present Value Adjustment Using Incremental Borrowing Rate
PresentValueAdjustmentUsingIncrementalBorrowingRate
-1685000 usd
CY2023Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
6586000 usd
CY2023Q1 us-gaap Lessee Finance Lease Remaining Lease Term
LesseeFinanceLeaseRemainingLeaseTerm
P32Y9M18D
CY2023Q1 us-gaap Lessee Finance Lease Option To Extend
LesseeFinanceLeaseOptionToExtend
includes the exercise of a single twenty-year renewal option
CY2023Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.078 pure
CY2023Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P32Y9M18D
CY2023Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
7000 usd
CY2022Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
7000 usd
CY2023Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
44000 usd
CY2022Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
44000 usd
CY2023Q1 plym Financing Lease Cost
FinancingLeaseCost
51000 usd
CY2022Q1 plym Financing Lease Cost
FinancingLeaseCost
51000 usd
CY2022Q4 us-gaap Secured Debt
SecuredDebt
391228000 usd
CY2022Q4 plym Secured Debt Fair Value
SecuredDebtFairValue
372682000 usd
CY2023Q1 us-gaap Unsecured Debt
UnsecuredDebt
450000000 usd
CY2023Q1 plym Unsecured Debt Fair Value
UnsecuredDebtFairValue
450000000 usd
CY2022Q4 us-gaap Unsecured Debt
UnsecuredDebt
450000000 usd
CY2022Q4 plym Unsecured Debt Fair Value
UnsecuredDebtFairValue
450000000 usd
CY2023Q1 us-gaap Line Of Credit
LineOfCredit
87500000 usd
CY2023Q1 us-gaap Lines Of Credit Fair Value Disclosure
LinesOfCreditFairValueDisclosure
87500000 usd
CY2022Q4 us-gaap Line Of Credit
LineOfCredit
77500000 usd
CY2022Q4 us-gaap Lines Of Credit Fair Value Disclosure
LinesOfCreditFairValueDisclosure
77500000 usd
CY2023Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
926959000 usd
CY2023Q1 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
911649000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
918728000 usd
CY2022Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
900182000 usd
CY2023Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
-4264000 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
-4640000 usd
CY2023Q1 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
241000 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
288000 usd
CY2023Q1 plym Total Carrying Value Of Long Term Debt
TotalCarryingValueOfLongTermDebt
922936000 usd
CY2022Q4 plym Total Carrying Value Of Long Term Debt
TotalCarryingValueOfLongTermDebt
914376000 usd
CY2023Q1 plym Amount Of Unrealized Gain Recognized In Aoci On Derivatives
AmountOfUnrealizedGainRecognizedInAociOnDerivatives
23045000 usd
CY2022Q1 plym Amount Of Unrealized Gain Recognized In Aoci On Derivatives
AmountOfUnrealizedGainRecognizedInAociOnDerivatives
10068000 usd
CY2023Q1 plym Total Interest Expense Presented In Condensed Consolidated Statements Of Operations In Which Effects Of Cash Flow Hedges Are Recorded
TotalInterestExpensePresentedInCondensedConsolidatedStatementsOfOperationsInWhichEffectsOfCashFlowHedgesAreRecorded
2852000 usd
CY2022Q1 plym Total Interest Expense Presented In Condensed Consolidated Statements Of Operations In Which Effects Of Cash Flow Hedges Are Recorded
TotalInterestExpensePresentedInCondensedConsolidatedStatementsOfOperationsInWhichEffectsOfCashFlowHedgesAreRecorded
704000 usd
CY2023Q1 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
23045000 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
30115000 usd
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.2250
CY2023Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
9682000 usd
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.2250
CY2023Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
9682000 usd
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.2200
CY2022Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
8137000 usd
CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.2200
CY2022Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
8829000 usd
CY2022Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.2200
CY2022Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
9426000 usd
CY2022Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.2200
CY2022Q4 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
9426000 usd
CY2022 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.8800
CY2022 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
35818000 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
280074 shares
CY2023Q1 us-gaap Units Of Partnership Interest Amount
UnitsOfPartnershipInterestAmount
490299 shares
CY2022Q4 us-gaap Units Of Partnership Interest Amount
UnitsOfPartnershipInterestAmount
490299 shares
CY2023Q1 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
DistributionMadeToLimitedLiabilityCompanyLLCMemberDistributionsDeclaredPerUnit
0.2250
CY2023Q1 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Declared
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared
110000 usd
CY2023Q1 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
DistributionMadeToLimitedLiabilityCompanyLLCMemberDistributionsDeclaredPerUnit
0.2250
CY2023Q1 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Declared
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared
110000 usd
CY2022Q1 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
DistributionMadeToLimitedLiabilityCompanyLLCMemberDistributionsDeclaredPerUnit
0.2200
CY2022Q1 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Declared
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared
108000 usd
CY2022Q2 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
DistributionMadeToLimitedLiabilityCompanyLLCMemberDistributionsDeclaredPerUnit
0.2200
CY2022Q2 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Declared
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared
108000 usd
CY2022Q3 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
DistributionMadeToLimitedLiabilityCompanyLLCMemberDistributionsDeclaredPerUnit
0.2200
CY2022Q3 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Declared
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared
108000 usd
CY2022Q4 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
DistributionMadeToLimitedLiabilityCompanyLLCMemberDistributionsDeclaredPerUnit
0.2200
CY2022Q4 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Declared
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared
108000 usd
CY2022 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
DistributionMadeToLimitedLiabilityCompanyLLCMemberDistributionsDeclaredPerUnit
0.8800
CY2022 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Declared
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared
432000 usd
CY2023Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-38000 usd
CY2022Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-60000 usd
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
181375 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
69290 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
392159 shares
CY2023Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
585000 usd
CY2022Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
442000 usd
CY2023Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
7069000 usd
CY2023Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P3Y3M18D
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
181375 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
3896000 usd
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
21.48
CY2023Q1 us-gaap Profit Loss
ProfitLoss
-3336000 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
-4470000 usd
CY2023Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-38000 usd
CY2022Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-60000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-3298000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-4410000 usd
CY2023Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
916000 usd
CY2022Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1699000 usd
CY2022Q1 us-gaap Temporary Equity Accretion To Redemption Value Adjustment
TemporaryEquityAccretionToRedemptionValueAdjustment
1500000 usd
CY2023Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
2000 usd
CY2023Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
88000 usd
CY2022Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
67000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-4304000 usd
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-7676000 usd
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42604770 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36227582 shares
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.10
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.21
CY2023Q1 us-gaap Other Commitments Description
OtherCommitmentsDescription
As approved by the compensation committee of the Board of Directors the agreements provide for base salaries ranging from $300 to $550 annually with discretionary cash performance awards. The agreements contain provisions for equity awards, general benefits, and termination and severance provisions, consistent with similar positions and companies.

Files In Submission

Name View Source Status
0001171520-23-000162-index-headers.html Edgar Link pending
0001171520-23-000162-index.html Edgar Link pending
0001171520-23-000162.txt Edgar Link pending
0001171520-23-000162-xbrl.zip Edgar Link pending
eps10737_plym.htm Edgar Link pending
ex31-1.htm Edgar Link pending
ex31-2.htm Edgar Link pending
ex32-1.htm Edgar Link pending
ex32-2.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
plym-20230331.xsd Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
plym-20230331_def.xml Edgar Link unprocessable
plym-20230331_lab.xml Edgar Link unprocessable
plym-20230331_pre.xml Edgar Link unprocessable
plym-20230331_cal.xml Edgar Link unprocessable
eps10737_plym_htm.xml Edgar Link completed
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending