2024 Q2 Form 10-Q Financial Statement

#000157128324000022 Filed on April 22, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1
Revenue $237.6M $214.1M
YoY Change 21.36% 14.96%
Cost Of Revenue $51.91M $47.48M
YoY Change 17.14% 10.87%
Gross Profit $185.7M $166.6M
YoY Change 22.59% 16.18%
Gross Profit Margin 78.15% 77.82%
Selling, General & Admin $19.31M $19.98M
YoY Change 5.69% 9.8%
% of Gross Profit 10.4% 11.99%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $67.90M $66.28M
YoY Change 15.48% 11.52%
% of Gross Profit 36.57% 39.78%
Operating Expenses $87.20M $86.26M
YoY Change 13.16% 11.12%
Operating Profit $98.47M $80.36M
YoY Change 32.35% 22.15%
Interest Expense -$28.41M -$14.67M
YoY Change 65.38% 7.08%
% of Operating Profit -28.85% -18.26%
Other Income/Expense, Net $304.0K $1.408M
YoY Change -0.65% 117.62%
Pretax Income $86.02M $64.28M
YoY Change 51.15% 1.11%
Income Tax $0.00 $0.00
% Of Pretax Income 0.0% 0.0%
Net Earnings $79.75M $58.64M
YoY Change 54.68% 1.33%
Net Earnings / Revenue 33.57% 27.39%
Basic Earnings Per Share $0.37 $0.27
Diluted Earnings Per Share $0.37 $0.27
COMMON SHARES
Basic Shares Outstanding 217.8M shares 215.1M shares
Diluted Shares Outstanding 217.4M shares 214.4M shares

Balance Sheet

Concept 2024 Q2 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $125.7M $337.0M
YoY Change -7.76% 32.86%
Cash & Equivalents $125.7M $337.0M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $125.7M $337.0M
YoY Change -7.76% 32.86%
LONG-TERM ASSETS
Property, Plant & Equipment $11.63B $11.44B
YoY Change 19.65% 19.05%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.250M $7.975M
YoY Change -85.63% 120.0%
Other Assets $2.713M $3.069M
YoY Change -34.45% -85.18%
Total Long-Term Assets $12.24B $12.04B
YoY Change 21.34% 20.62%
TOTAL ASSETS
Total Short-Term Assets $125.7M $337.0M
Total Long-Term Assets $12.24B $12.04B
Total Assets $12.37B $12.38B
YoY Change 20.95% 20.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $154.0M $140.5M
YoY Change 54.02% 27.43%
Accrued Expenses $10.70M $8.400M
YoY Change 8.08% -19.23%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $339.7M $334.3M
YoY Change 25.64% 25.36%
LONG-TERM LIABILITIES
Long-Term Debt $3.349B $3.349B
YoY Change 50.36% 50.14%
Other Long-Term Liabilities $264.6M $282.4M
YoY Change 52.84% 53.92%
Total Long-Term Liabilities $3.613B $3.632B
YoY Change 50.54% 50.43%
TOTAL LIABILITIES
Total Short-Term Liabilities $339.7M $334.3M
Total Long-Term Liabilities $3.613B $3.632B
Total Liabilities $4.343B $4.347B
YoY Change 42.93% 42.41%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $8.238B $8.235B
YoY Change 12.64% 12.78%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $8.026B $8.034B
YoY Change
Total Liabilities & Shareholders Equity $12.37B $12.38B
YoY Change 20.95% 20.92%

Cashflow Statement

Concept 2024 Q2 2024 Q1
OPERATING ACTIVITIES
Net Income $79.75M $58.64M
YoY Change 54.68% 1.33%
Depreciation, Depletion And Amortization $67.90M $66.28M
YoY Change 15.48% 11.52%
Cash From Operating Activities $101.7M $133.8M
YoY Change 22.22% 11.92%
INVESTING ACTIVITIES
Capital Expenditures $85.12M $79.90M
YoY Change 77.88% 80.63%
Acquisitions
YoY Change
Other Investing Activities -$127.7M -$1.074B
YoY Change 55.79% 48.81%
Cash From Investing Activities -$212.8M -$1.154B
YoY Change 63.93% 50.65%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $3.937M
YoY Change -98.88%
Cash From Financing Activities -100.1M 1.324B
YoY Change 15.13% 50.5%
NET CHANGE
Cash From Operating Activities 101.7M 133.8M
Cash From Investing Activities -212.8M -1.154B
Cash From Financing Activities -100.1M 1.324B
Net Change In Cash -211.2M 303.5M
YoY Change 58.15% 30.22%
FREE CASH FLOW
Cash From Operating Activities $101.7M $133.8M
Capital Expenditures $85.12M $79.90M
Free Cash Flow $16.55M $53.86M
YoY Change -53.17% -28.45%

Facts In Submission

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49200000 sqft
CY2024Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:15pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div>The preparation of financial statements in conformity with GAAP requires management to make certain estimates and assumptions that affect the reported amounts in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates.
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
33444000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
36786000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
0 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
0 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2024Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
33444000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
36786000 usd
CY2024Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
336960000 usd
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
253618000 usd
CY2024Q1 us-gaap Restricted Cash
RestrictedCash
0 usd
CY2023Q1 us-gaap Restricted Cash
RestrictedCash
16239000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
336960000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
269857000 usd
CY2024Q1 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
7900000 usd
CY2023Q1 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
5000000 usd
CY2024Q1 rexr Real Estate Taxes And Insurance Costs Capitalized
RealEstateTaxesAndInsuranceCostsCapitalized
2400000 usd
CY2023Q1 rexr Real Estate Taxes And Insurance Costs Capitalized
RealEstateTaxesAndInsuranceCostsCapitalized
1600000 usd
CY2024Q1 us-gaap Impaired Assets To Be Disposed Of By Method Other Than Sale Amount Of Impairment Loss
ImpairedAssetsToBeDisposedOfByMethodOtherThanSaleAmountOfImpairmentLoss
0 usd
CY2023Q1 us-gaap Impaired Assets To Be Disposed Of By Method Other Than Sale Amount Of Impairment Loss
ImpairedAssetsToBeDisposedOfByMethodOtherThanSaleAmountOfImpairmentLoss
0 usd
CY2023Q1 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
200000 usd
CY2024Q1 rexr Adjustment To Rental Income Resulting From Lease Collectibility Assessment
AdjustmentToRentalIncomeResultingFromLeaseCollectibilityAssessment
-1700000 usd
CY2023Q1 rexr Adjustment To Rental Income Resulting From Lease Collectibility Assessment
AdjustmentToRentalIncomeResultingFromLeaseCollectibilityAssessment
-300000 usd
CY2024Q1 us-gaap Net Rentable Area
NetRentableArea
3242562 sqft
CY2024Q1 rexr Number Of Buildings Acquired
NumberOfBuildingsAcquired
50 building
CY2024Q1 us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
1080800000 usd
CY2024Q1 us-gaap Asset Acquisition Consideration Transferred Transaction Cost
AssetAcquisitionConsiderationTransferredTransactionCost
-400000 usd
CY2024Q1 rexr Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Land
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedLand
753097000 usd
CY2024Q1 rexr Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Buildings
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedBuildings
276565000 usd
CY2024Q1 rexr Asset Acquisition Recognized Identifiable Assets Acquired And Liabilities Assumed Tenant Improvements
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedTenantImprovements
3169000 usd
CY2024Q1 rexr Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Lease Intangible Assets
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedLeaseIntangibleAssets
79950000 usd
CY2024Q1 rexr Asset Acquisition Recognized Identifiable Assets Acquired And Liabilities Assumed Working Capital Assets
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedWorkingCapitalAssets
1800000 usd
CY2024Q1 rexr Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Assets
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAssets
1114581000 usd
CY2024Q1 rexr Asset Acquisition Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Lease Liabilities
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleLeaseLiabilities
31581000 usd
CY2024Q1 rexr Asset Acquisition Recognized Identifiable Assets Acquired And Liabilities Assumed Working Capital Liabilities
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedWorkingCapitalLiabilities
14969000 usd
CY2024Q1 rexr Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Liabilities
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedLiabilities
46550000 usd
CY2024Q1 rexr Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Net
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedNet
1068031000 usd
CY2024Q1 rexr Intangible Liabilities Weighted Average Amortization Period
IntangibleLiabilitiesWeightedAverageAmortizationPeriod
P11Y10M24D
CY2024Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
223698000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
153670000 usd
CY2024Q1 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
171687000 usd
CY2023Q4 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
147561000 usd
CY2023Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
125000000 usd
CY2023Q4 us-gaap Net Rentable Area
NetRentableArea
150 acre
CY2023Q4 rexr Financing Receivable Loan To Value Ratio
FinancingReceivableLoanToValueRatio
0.60
CY2023Q4 rexr Loans Receivable Stated Interest Rate
LoansReceivableStatedInterestRate
0.0750
CY2023Q4 rexr Loans Receivable Effective Interest Rate
LoansReceivableEffectiveInterestRate
0.0800
CY2023Q4 rexr Number Of Loan Extensions Available
NumberOfLoanExtensionsAvailable
1 extension
CY2023Q4 rexr Loan Receivable Term Extension
LoanReceivableTermExtension
P1Y
CY2023Q4 rexr Loan Receivable Term Extension Fee Percentage
LoanReceivableTermExtensionFeePercentage
0.0025
CY2024Q1 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
122900000 usd
CY2024Q1 rexr Loans Receivable Unamortized Origination Fees And Costs
LoansReceivableUnamortizedOriginationFeesAndCosts
2100000 usd
CY2023Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
122800000 usd
CY2023Q4 rexr Loans Receivable Unamortized Origination Fees And Costs
LoansReceivableUnamortizedOriginationFeesAndCosts
2200000 usd
CY2024Q1 us-gaap Unsecured Debt
UnsecuredDebt
3275000000 usd
CY2023Q4 us-gaap Unsecured Debt
UnsecuredDebt
2125000000 usd
CY2024Q1 us-gaap Secured Debt
SecuredDebt
114088000 usd
CY2023Q4 us-gaap Secured Debt
SecuredDebt
118025000 usd
CY2024Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
3389088000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2243025000 usd
CY2024Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
39968000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
17111000 usd
CY2024Q1 us-gaap Long Term Debt
LongTermDebt
3349120000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
2225914000 usd
CY2024Q1 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
469466000 usd
CY2024Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
100973000 usd
CY2024Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
7587000 usd
CY2024Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
1019078000 usd
CY2024Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
314218000 usd
CY2024Q1 rexr Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
1477766000 usd
CY2024Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
3389088000 usd
CY2024Q1 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
48.95
CY2024Q1 rexr Operating Lease Fixed And Variable Lease Payments
OperatingLeaseFixedAndVariableLeasePayments
204300000 usd
CY2024Q1 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
167800000 usd
CY2024Q1 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
36500000 usd
CY2023Q1 rexr Operating Lease Fixed And Variable Lease Payments
OperatingLeaseFixedAndVariableLeasePayments
176800000 usd
CY2023Q1 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
144800000 usd
CY2023Q1 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
32000000 usd
CY2024Q1 us-gaap Lessor Operating Lease Payments To Be Received Next Rolling Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextRollingTwelveMonths
685870000 usd
CY2024Q1 us-gaap Lessor Operating Lease Payments To Be Received Rolling Year Two
LessorOperatingLeasePaymentsToBeReceivedRollingYearTwo
615758000 usd
CY2024Q1 us-gaap Lessor Operating Lease Payments To Be Received Rolling Year Three
LessorOperatingLeasePaymentsToBeReceivedRollingYearThree
506498000 usd
CY2024Q1 us-gaap Lessor Operating Lease Payments To Be Received Rolling Year Four
LessorOperatingLeasePaymentsToBeReceivedRollingYearFour
388387000 usd
CY2024Q1 us-gaap Lessor Operating Lease Payments To Be Received Rolling Year Five
LessorOperatingLeasePaymentsToBeReceivedRollingYearFive
295636000 usd
CY2024Q1 us-gaap Lessor Operating Lease Payments To Be Received After Rolling Year Five
LessorOperatingLeasePaymentsToBeReceivedAfterRollingYearFive
944009000 usd
CY2024Q1 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
3436158000 usd
CY2023Q1 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
200000 usd
CY2024Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
6700000 usd
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
8400000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
7000000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
8900000 usd
CY2024Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
415000 usd
CY2023Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
484000 usd
CY2024Q1 us-gaap Variable Lease Cost
VariableLeaseCost
43000 usd
CY2023Q1 us-gaap Variable Lease Cost
VariableLeaseCost
33000 usd
CY2024Q1 us-gaap Lease Cost
LeaseCost
458000 usd
CY2023Q1 us-gaap Lease Cost
LeaseCost
517000 usd
CY2024Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
572000 usd
CY2023Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
583000 usd
CY2024Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P45Y8M12D
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P43Y4M24D
CY2024Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0385
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0384
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1725000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1122000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
681000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
696000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
164000 usd
CY2024Q1 rexr Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
19887000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
24275000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
15851000 usd
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
8424000 usd
CY2021Q3 rexr Derivative Reclassification Period
DerivativeReclassificationPeriod
P10Y
CY2023Q1 rexr Derivative Reclassification Period
DerivativeReclassificationPeriod
P5Y
CY2024Q1 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
-10200000 usd
CY2024Q1 us-gaap Other Commitment
OtherCommitment
232800000 usd
CY2024Q1 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000 usd
CY2024Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
6450000 shares
CY2024Q1 us-gaap Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
161250000 usd
CY2023Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
6450000 shares
CY2023Q4 us-gaap Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
161250000 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
10361000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Before Reclassifications Before Tax
OtherComprehensiveIncomeLossBeforeReclassificationsBeforeTax
-4206000 usd
CY2024Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
3382000 usd
CY2023Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
1136000 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
6979000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-5342000 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
229000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-212000 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
6750000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-5130000 usd
CY2024Q1 rexr Share Based Compensation Arrangement By Share Based Payment Award Performance Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardPerformancePeriod
P3Y
CY2024Q1 us-gaap Profit Loss
ProfitLoss
64277000 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
63570000 usd
CY2024Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
2314000 usd
CY2023Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
2314000 usd
CY2024Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2906000 usd
CY2023Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3064000 usd
CY2024Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
418000 usd
CY2023Q1 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
320000 usd
CY2024Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
58639000 usd
CY2024Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
58639000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
57872000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
57872000 usd
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
214401661 shares
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
195366969 shares
CY2024Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
36252 shares
CY2023Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
412038 shares
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
214437913 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
195779007 shares
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.27
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.30
CY2024Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.27
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.30
CY2024Q1 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q1 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

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