2024 Q2 Form 10-Q Financial Statement

#000117152024000185 Filed on May 01, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1 2023 Q1
Revenue $48.69M $50.23M $49.40M
YoY Change -2.43% 1.68% 15.4%
Cost Of Revenue $13.56M $16.63M $15.95M
YoY Change -13.53% 4.31% 13.36%
Gross Profit $35.13M $33.60M $33.46M
YoY Change 2.65% 0.42% 16.41%
Gross Profit Margin 72.15% 66.89% 67.72%
Selling, General & Admin $3.889M $3.373M $3.456M
YoY Change 0.99% -2.4% -2.95%
% of Gross Profit 11.07% 10.04% 10.33%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $16.81M $22.37M $23.80M
YoY Change -28.2% -6.02% 4.89%
% of Gross Profit 47.86% 66.58% 71.14%
Operating Expenses $38.80M $42.37M $43.20M
YoY Change 42.28% -1.91% 64.56%
Operating Profit -$3.670M -$8.779M -$9.746M
YoY Change -152.81% -9.92% -491.72%
Interest Expense $9.411M $9.598M $9.535M
YoY Change -198.19% 0.66% -299.39%
% of Operating Profit
Other Income/Expense, Net -$8.562M -$1.568M -$9.535M
YoY Change -10.66% -83.56% 37.04%
Pretax Income $1.328M $6.286M -$3.336M
YoY Change -150.42% -288.43% -25.37%
Income Tax
% Of Pretax Income
Net Earnings $1.314M $6.218M -$3.298M
YoY Change -136.48% -288.54% -26.22%
Net Earnings / Revenue 2.7% 12.38% -6.68%
Basic Earnings Per Share $0.03 $0.14 -$0.10
Diluted Earnings Per Share $0.03 $0.14 -$0.10
COMMON SHARES
Basic Shares Outstanding 45.38M shares 45.38M shares 43.03M shares
Diluted Shares Outstanding 45.03M shares 44.97M shares 42.60M shares

Balance Sheet

Concept 2024 Q2 2024 Q1 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $23.55M $16.81M $20.40M
YoY Change 23.87% -17.57% -20.36%
Cash & Equivalents $36.13M $27.24M $38.43M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $23.55M $16.81M $20.40M
YoY Change 23.87% -17.57% -51.75%
LONG-TERM ASSETS
Property, Plant & Equipment $1.282B $1.300B $1.347B
YoY Change -4.13% -3.45% 4.19%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $12.58M $10.43M $18.04M
YoY Change -35.51% -42.2% -53.25%
Total Long-Term Assets $1.398B $1.418B $1.486B
YoY Change -5.63% -4.56% 4.95%
TOTAL ASSETS
Total Short-Term Assets $23.55M $16.81M $20.40M
Total Long-Term Assets $1.398B $1.418B $1.486B
Total Assets $1.422B $1.435B $1.506B
YoY Change -5.26% -4.73% 3.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $62.00M $62.54M $64.15M
YoY Change -3.38% -2.52% 13.41%
Accrued Expenses $5.491M $5.513M $6.586M
YoY Change -13.19% -16.29% -13.22%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $67.49M $68.05M $70.74M
YoY Change -4.26% -3.8% 4.81%
LONG-TERM LIABILITIES
Long-Term Debt $868.8M $871.5M $925.2M
YoY Change -5.93% -5.81% 7.25%
Other Long-Term Liabilities $5.139M $5.779M $8.014M
YoY Change -28.42% -27.89% 5.6%
Total Long-Term Liabilities $874.0M $877.2M $933.2M
YoY Change -6.1% -6.0% 7.23%
TOTAL LIABILITIES
Total Short-Term Liabilities $67.49M $68.05M $70.74M
Total Long-Term Liabilities $874.0M $877.2M $933.2M
Total Liabilities $941.5M $945.3M $1.004B
YoY Change -6.45% -5.84% 6.5%
SHAREHOLDERS EQUITY
Retained Earnings -$175.1M -$176.4M -$197.5M
YoY Change -12.53% -10.71%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $475.2M $484.6M $450.6M
YoY Change
Total Liabilities & Shareholders Equity $1.422B $1.435B $1.506B
YoY Change -5.26% -4.73% 3.31%

Cashflow Statement

Concept 2024 Q2 2024 Q1 2023 Q1
OPERATING ACTIVITIES
Net Income $1.314M $6.218M -$3.298M
YoY Change -136.48% -288.54% -26.22%
Depreciation, Depletion And Amortization $16.81M $22.37M $23.80M
YoY Change -28.2% -6.02% 4.89%
Cash From Operating Activities $19.86M $16.61M $18.60M
YoY Change -4.95% -10.69% 30.19%
INVESTING ACTIVITIES
Capital Expenditures $5.575M $3.760M $8.968M
YoY Change -41.64% -58.07% -106.52%
Acquisitions
YoY Change
Other Investing Activities $8.503M $21.00K
YoY Change
Cash From Investing Activities $2.928M -$3.739M -$8.968M
YoY Change -130.65% -58.31% -93.48%
FINANCING ACTIVITIES
Cash Dividend Paid $10.29M $10.45M
YoY Change -1.52% 11.91%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -13.90M -$11.84M -$2.415M
YoY Change 23.44% 390.35% -101.98%
NET CHANGE
Cash From Operating Activities 19.86M $16.61M $18.60M
Cash From Investing Activities 2.928M -$3.739M -$8.968M
Cash From Financing Activities -13.90M -$11.84M -$2.415M
Net Change In Cash 8.892M $1.033M $7.219M
YoY Change 10361.18% -85.69% -753.3%
FREE CASH FLOW
Cash From Operating Activities $19.86M $16.61M $18.60M
Capital Expenditures $5.575M $3.760M $8.968M
Free Cash Flow $14.29M $12.85M $9.634M
YoY Change 25.94% 33.42% -93.65%

Facts In Submission

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CY2024Q1 us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_848_eus-gaap--UseOfEstimates_zKdUfF2y6JDj" style="font: 10pt Times New Roman,serif; margin: 0pt 0 6pt; text-align: justify"><b><i><span id="xdx_864_zbvDUu6giok6">Use of Estimates</span></i></b></p> <p style="font: 10pt Times New Roman,serif; margin: 0pt 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 its 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>
CY2024Q1 us-gaap Cash
Cash
16812000 usd
CY2023Q4 us-gaap Cash
Cash
14493000 usd
CY2024Q1 us-gaap Escrow Deposit
EscrowDeposit
3222000 usd
CY2023Q4 us-gaap Escrow Deposit
EscrowDeposit
4716000 usd
CY2024Q1 us-gaap Restricted Cash
RestrictedCash
7203000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
6995000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
27237000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
26204000 usd
CY2024Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
6787000 usd
CY2023Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
6787000 usd
CY2024Q1 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
3856000 usd
CY2023Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
3603000 usd
CY2024Q1 us-gaap Land
Land
224532000 usd
CY2023Q4 us-gaap Land
Land
226020000 usd
CY2024Q1 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
1189394000 usd
CY2023Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
1203355000 usd
CY2024Q1 us-gaap Land Improvements
LandImprovements
129698000 usd
CY2023Q4 us-gaap Land Improvements
LandImprovements
130638000 usd
CY2024Q1 us-gaap Development In Process
DevelopmentInProcess
7630000 usd
CY2023Q4 us-gaap Development In Process
DevelopmentInProcess
7853000 usd
CY2024Q1 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1551254000 usd
CY2023Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1567866000 usd
CY2024Q1 us-gaap Net Investment In Lease
NetInvestmentInLease
21459000 usd
CY2024Q1 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
277253000 usd
CY2023Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
268046000 usd
CY2024Q1 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1295460000 usd
CY2023Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1299820000 usd
CY2024Q1 us-gaap Depreciation
Depreciation
17431000 usd
CY2023Q1 us-gaap Depreciation
Depreciation
16871000 usd
CY2024Q1 us-gaap Lease Income
LeaseIncome
36891000 usd
CY2023Q1 us-gaap Lease Income
LeaseIncome
35940000 usd
CY2024Q1 us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
-15000 usd
CY2023Q1 us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
-912000 usd
CY2024Q1 plym Tenant Recoveries
TenantRecoveries
12859000 usd
CY2023Q1 plym Tenant Recoveries
TenantRecoveries
11785000 usd
CY2024Q1 us-gaap Adjustment For Amortization
AdjustmentForAmortization
136000 usd
CY2023Q1 us-gaap Adjustment For Amortization
AdjustmentForAmortization
170000 usd
CY2024Q1 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
454000 usd
CY2023Q1 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
904000 usd
CY2024Q1 plym Total Real Estate Revenue
TotalRealEstateRevenue
50083000 usd
CY2023Q1 plym Total Real Estate Revenue
TotalRealEstateRevenue
49371000 usd
CY2024Q1 us-gaap Net Investment In Lease Current
NetInvestmentInLeaseCurrent
21480000 usd
CY2024Q1 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
8030000 usd
CY2024Q1 plym Earnings From Our Net Investment In Salestype Lease
EarningsFromOurNetInvestmentInSalestypeLease
107000 usd
CY2023Q1 plym Earnings From Our Net Investment In Salestype Lease
EarningsFromOurNetInvestmentInSalestypeLease
0 usd
CY2024Q1 plym Lease Payments Receivable
LeasePaymentsReceivable
21992000 usd
CY2024Q1 plym Unearned Rental Revenue
UnearnedRentalRevenue
533000 usd
CY2024Q1 us-gaap Net Investment In Lease
NetInvestmentInLease
21459000 usd
CY2024Q1 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
21992000 usd
CY2024Q1 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
21992000 usd
CY2024Q1 us-gaap Lessee Operating Lease Description
LesseeOperatingLeaseDescription
five
CY2024Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4606000 usd
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
5513000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4829000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
5789000 usd
CY2024Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.040 pure
CY2024Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y3M18D
CY2024Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
200000 usd
CY2023Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
192000 usd
CY2024Q1 plym Operating Lease Expense Attributable To Ground Sublease
OperatingLeaseExpenseAttributableToGroundSublease
9000 usd
CY2023Q1 plym Operating Lease Expense Attributable To Ground Sublease
OperatingLeaseExpenseAttributableToGroundSublease
9000 usd
CY2024Q1 plym Noncash Adjustment Due To Asc842
NoncashAdjustmentDueToAsc842
43000 usd
CY2023Q1 plym Noncash Adjustment Due To Asc842
NoncashAdjustmentDueToAsc842
34000 usd
CY2024Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
252000 usd
CY2023Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
235000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
947000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
894000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
803000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
818000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
833000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
2658000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
6953000 usd
CY2024Q1 plym Present Value Adjustment Using Incremental Borrowing Rate
PresentValueAdjustmentUsingIncrementalBorrowingRate
1440000 usd
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
5513000 usd
CY2024Q1 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
838000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
845000 usd
CY2024Q1 us-gaap Lessee Finance Lease Option To Extend
LesseeFinanceLeaseOptionToExtend
includes multiple options to extend the sublease between nineteen and twenty years for each respective option.
CY2024Q1 us-gaap Lessee Finance Lease Remaining Lease Term
LesseeFinanceLeaseRemainingLeaseTerm
P31Y9M18D
CY2024Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
2278000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
2271000 usd
CY2024Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.078 pure
CY2024Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P31Y9M18D
CY2024Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
7000 usd
CY2023Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
7000 usd
CY2024Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
45000 usd
CY2023Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
44000 usd
CY2024Q1 plym Financing Lease Cost
FinancingLeaseCost
52000 usd
CY2023Q1 plym Financing Lease Cost
FinancingLeaseCost
51000 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
116000 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
170000 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
170000 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
170000 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
170000 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
6195000 usd
CY2024Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
6991000 usd
CY2024Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
4713000 usd
CY2024Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
2278000 usd
CY2024Q1 us-gaap Secured Long Term Debt
SecuredLongTermDebt
265619000 usd
CY2023Q4 us-gaap Secured Long Term Debt
SecuredLongTermDebt
266887000 usd
CY2024Q1 us-gaap Unsecured Long Term Debt
UnsecuredLongTermDebt
448158000 usd
CY2023Q4 us-gaap Unsecured Long Term Debt
UnsecuredLongTermDebt
447990000 usd
CY2024Q1 us-gaap Line Of Credit
LineOfCredit
155400000 usd
CY2023Q4 us-gaap Line Of Credit
LineOfCredit
155400000 usd
CY2024Q1 us-gaap Secured Debt
SecuredDebt
266659000 usd
CY2024Q1 plym Secured Debt Fair Value
SecuredDebtFairValue
251045000 usd
CY2023Q4 us-gaap Secured Debt
SecuredDebt
267964000 usd
CY2023Q4 plym Secured Debt Fair Value
SecuredDebtFairValue
254114000 usd
CY2024Q1 us-gaap Unsecured Debt
UnsecuredDebt
450000000 usd
CY2024Q1 plym Unsecured Debt Fair Value
UnsecuredDebtFairValue
452862000 usd
CY2023Q4 us-gaap Unsecured Debt
UnsecuredDebt
450000000 usd
CY2023Q4 plym Unsecured Debt Fair Value
UnsecuredDebtFairValue
455229000 usd
CY2024Q1 us-gaap Line Of Credit
LineOfCredit
155400000 usd
CY2024Q1 us-gaap Lines Of Credit Fair Value Disclosure
LinesOfCreditFairValueDisclosure
155143000 usd
CY2023Q4 us-gaap Line Of Credit
LineOfCredit
155400000 usd
CY2023Q4 us-gaap Lines Of Credit Fair Value Disclosure
LinesOfCreditFairValueDisclosure
155599000 usd
CY2024Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
872059000 usd
CY2024Q1 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
859050000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
873364000 usd
CY2023Q4 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
864942000 usd
CY2024Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
-2931000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
-3184000 usd
CY2024Q1 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
49000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
97000 usd
CY2024Q1 plym Total Carrying Value Of Long Term Debt
TotalCarryingValueOfLongTermDebt
869177000 usd
CY2023Q4 plym Total Carrying Value Of Long Term Debt
TotalCarryingValueOfLongTermDebt
870277000 usd
CY2024Q1 plym Amount Of Unrealized Gain Recognized In Aoci On Derivatives
AmountOfUnrealizedGainRecognizedInAociOnDerivatives
5687000 usd
CY2023Q1 plym Amount Of Unrealized Gain Recognized In Aoci On Derivatives
AmountOfUnrealizedGainRecognizedInAociOnDerivatives
-7070000 usd
CY2024Q1 plym Total Interest Expense Presented In Condensed Consolidated Statements Of Operations In Which Effects Of Cash Flow Hedges Are Recorded
TotalInterestExpensePresentedInCondensedConsolidatedStatementsOfOperationsInWhichEffectsOfCashFlowHedgesAreRecorded
3958000 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
CY2024Q1 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
26382000 usd
CY2024Q1 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
189000 usd
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
21667000 usd
CY2023Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
1161000 usd
CY2024Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.2400
CY2024Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
10904000 usd
CY2024Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.2400
CY2024Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
10904000 usd
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.2250
CY2023Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
585000 usd
CY2024Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
7573000 usd
CY2024Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P3Y2M12D
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
131892 shares
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
2892000 usd
CY2023Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
9682000 usd
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.2250
CY2023Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
9709000 usd
CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.2250
CY2023Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
10193000 usd
CY2023Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.2250
CY2023Q4 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
10193000 usd
CY2023 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.9000
CY2023 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
39777000 usd
CY2024Q1 us-gaap Units Of Partnership Interest Amount
UnitsOfPartnershipInterestAmount
490299 shares
CY2023Q4 us-gaap Units Of Partnership Interest Amount
UnitsOfPartnershipInterestAmount
490299 shares
CY2024Q1 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
DistributionMadeToLimitedLiabilityCompanyLLCMemberDistributionsDeclaredPerUnit
0.2400
CY2024Q1 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Declared
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared
118000 usd
CY2024Q1 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
DistributionMadeToLimitedLiabilityCompanyLLCMemberDistributionsDeclaredPerUnit
0.2400
CY2024Q1 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Declared
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared
118000 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
CY2023Q2 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
DistributionMadeToLimitedLiabilityCompanyLLCMemberDistributionsDeclaredPerUnit
0.2250
CY2023Q2 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Declared
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared
110000 usd
CY2023Q3 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
DistributionMadeToLimitedLiabilityCompanyLLCMemberDistributionsDeclaredPerUnit
0.2250
CY2023Q3 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Declared
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared
110000 usd
CY2023Q4 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
DistributionMadeToLimitedLiabilityCompanyLLCMemberDistributionsDeclaredPerUnit
0.2250
CY2023Q4 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Declared
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared
110000 usd
CY2023 us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
DistributionMadeToLimitedLiabilityCompanyLLCMemberDistributionsDeclaredPerUnit
0.9000
CY2023 us-gaap Distribution Made To Limited Liability Company Llc Member Cash Distributions Declared
DistributionMadeToLimitedLiabilityCompanyLLCMemberCashDistributionsDeclared
440000 usd
CY2024Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
68000 usd
CY2023Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-38000 usd
CY2024Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
762000 usd
CY2024Q1 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
21.93
CY2024Q1 us-gaap Profit Loss
ProfitLoss
6286000 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
-3336000 usd
CY2024Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
68000 usd
CY2023Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-38000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
6218000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-3298000 usd
CY2023Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
916000 usd
CY2023Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
2000 usd
CY2024Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
94000 usd
CY2023Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
88000 usd
CY2024Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
6124000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-4304000 usd
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44936597 shares
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42604770 shares
CY2024Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
34287 shares
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
44970884 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
42604770 shares
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.14
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.10
CY2024Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.14
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.10
CY2024Q1 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 $350 to $650 annually with discretionary cash and stock performance awards. The agreements contain provisions for equity awards, general benefits, and termination and severance provisions, consistent with similar positions and companies.
CY2023Q3 us-gaap Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
0.98 pure
CY2023Q3 us-gaap Area Of Real Estate Property
AreaOfRealEstateProperty
297583 sqft

Files In Submission

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0001171520-24-000185-index-headers.html Edgar Link pending
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0001171520-24-000185.txt Edgar Link pending
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eps11242_plym.htm Edgar Link pending
ex31-1.htm Edgar Link pending
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