2020 Q1 Form 10-Q Financial Statement

#000140762320000048 Filed on April 23, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q1
Revenue $74.87M $76.05M
YoY Change -1.55% 2.23%
Cost Of Revenue $10.60M $11.06M
YoY Change -4.16% 5.53%
Gross Profit $64.27M $64.99M
YoY Change -1.11% 1.67%
Gross Profit Margin 85.84% 85.45%
Selling, General & Admin $11.93M $12.51M
YoY Change -4.64% 10.22%
% of Gross Profit 18.56% 19.25%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $24.28M $24.76M
YoY Change -1.95% -1.81%
% of Gross Profit 37.78% 38.1%
Operating Expenses $46.88M $48.43M
YoY Change -3.2% 2.79%
Operating Profit $27.99M $30.26M
YoY Change -7.5% 10.93%
Interest Expense $14.86M $15.68M
YoY Change -5.24% 1.44%
% of Operating Profit 53.07% 51.81%
Other Income/Expense, Net
YoY Change
Pretax Income $13.14M $14.58M
YoY Change -9.88% 23.35%
Income Tax
% Of Pretax Income
Net Earnings $12.00M $13.25M
YoY Change -9.42% 23.81%
Net Earnings / Revenue 16.03% 17.42%
Basic Earnings Per Share
Diluted Earnings Per Share $94.35K $105.6K
COMMON SHARES
Basic Shares Outstanding 116.0M shares 113.7M shares
Diluted Shares Outstanding 127.2M shares 125.4M shares

Balance Sheet

Concept 2020 Q1 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $63.10M $9.600M
YoY Change 557.29% -26.15%
Cash & Equivalents $63.08M $9.649M
Short-Term Investments
Other Short-Term Assets $3.100M $3.000M
YoY Change 3.33% 3.45%
Inventory
Prepaid Expenses
Receivables $47.30M $47.70M
Other Receivables $0.00 $0.00
Total Short-Term Assets $113.5M $60.30M
YoY Change 88.23% 1.34%
LONG-TERM ASSETS
Property, Plant & Equipment $2.733B $2.827B
YoY Change -3.31% -1.16%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $28.60M $33.60M
YoY Change -14.88% -14.07%
Total Long-Term Assets $2.850B $2.934B
YoY Change -2.85% -1.88%
TOTAL ASSETS
Total Short-Term Assets $113.5M $60.30M
Total Long-Term Assets $2.850B $2.934B
Total Assets $2.964B $2.994B
YoY Change -1.02% -1.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $28.30M $27.70M
YoY Change 2.17% -9.48%
Accrued Expenses $18.00M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $35.50M $52.80M
YoY Change -32.77% 40.8%
LONG-TERM LIABILITIES
Long-Term Debt $1.479B $1.469B
YoY Change 0.69% -1.67%
Other Long-Term Liabilities $189.8M $178.5M
YoY Change 6.33% -8.79%
Total Long-Term Liabilities $1.669B $1.648B
YoY Change 1.3% -2.49%
TOTAL LIABILITIES
Total Short-Term Liabilities $35.50M $52.80M
Total Long-Term Liabilities $1.669B $1.648B
Total Liabilities $1.705B $1.700B
YoY Change 0.24% -1.55%
SHAREHOLDERS EQUITY
Retained Earnings -$309.3M -$265.6M
YoY Change 16.48% 19.71%
Common Stock $12.00K $11.00K
YoY Change 9.09% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.150B $1.176B
YoY Change
Total Liabilities & Shareholders Equity $2.964B $2.994B
YoY Change -1.02% -1.81%

Cashflow Statement

Concept 2020 Q1 2019 Q1
OPERATING ACTIVITIES
Net Income $12.00M $13.25M
YoY Change -9.42% 23.81%
Depreciation, Depletion And Amortization $24.28M $24.76M
YoY Change -1.95% -1.81%
Cash From Operating Activities $40.71M $40.19M
YoY Change 1.29% -9.53%
INVESTING ACTIVITIES
Capital Expenditures -$11.60M -$10.10M
YoY Change 14.85% -63.67%
Acquisitions
YoY Change
Other Investing Activities $0.00 $16.00M
YoY Change -100.0%
Cash From Investing Activities -$11.56M $5.926M
YoY Change -294.99% -121.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $8.846M $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $30.32M -$42.37M
YoY Change -171.55% 127.8%
NET CHANGE
Cash From Operating Activities $40.71M $40.19M
Cash From Investing Activities -$11.56M $5.926M
Cash From Financing Activities $30.32M -$42.37M
Net Change In Cash $59.47M $3.745M
YoY Change 1487.98% -291.56%
FREE CASH FLOW
Cash From Operating Activities $40.71M $40.19M
Capital Expenditures -$11.60M -$10.10M
Free Cash Flow $52.31M $50.29M
YoY Change 4.01% -30.37%

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StraightLineRent
1180000 USD
CY2020Q1 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-5478000 USD
CY2019Q1 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-6478000 USD
CY2020Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1856000 USD
CY2019Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1651000 USD
CY2020Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
715000 USD
CY2019Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
867000 USD
CY2020Q1 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
11555000 USD
CY2020Q1 us-gaap Other Noncash Expense
OtherNoncashExpense
73000 USD
CY2019Q1 us-gaap Other Noncash Expense
OtherNoncashExpense
301000 USD
CY2020Q1 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
0 USD
CY2019Q1 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
2638000 USD
CY2020Q1 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
2399000 USD
CY2019Q1 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
1198000 USD
CY2020Q1 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-103000 USD
CY2019Q1 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-1231000 USD
CY2020Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
10455000 USD
CY2019Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
11334000 USD
CY2020Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
2647000 USD
CY2019Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
3559000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
40707000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
40190000 USD
CY2020Q1 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
0 USD
CY2019Q1 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
16046000 USD
CY2019Q1 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
10120000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-11555000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
5926000 USD
CY2020Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
142000 USD
CY2019Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
138000 USD
CY2020Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
80000000 USD
CY2019Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
22000000 USD
CY2020Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
10500000 USD
CY2019Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
36000000 USD
CY2020Q1 roic Payments For Repurchase Of Operating Partnership Units
PaymentsForRepurchaseOfOperatingPartnershipUnits
1999000 USD
CY2019Q1 roic Payments For Repurchase Of Operating Partnership Units
PaymentsForRepurchaseOfOperatingPartnershipUnits
1246000 USD
CY2020Q1 us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
2187000 USD
CY2019Q1 us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
2247000 USD
CY2020Q1 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
5000 USD
CY2019Q1 us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
0 USD
CY2020Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
8846000 USD
CY2019Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2020Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
333000 USD
CY2019Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
32000 USD
CY2020Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
23398000 USD
CY2019Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
22722000 USD
CY2020Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2272000 USD
CY2019Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1986000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
30318000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-42371000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
59470000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
3745000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5458000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7449000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
64928000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11194000 USD
CY2020Q1 roic Increase Decrease In Interest Rate Swap Asset
IncreaseDecreaseInInterestRateSwapAsset
0 USD
CY2019Q1 roic Increase Decrease In Interest Rate Swap Asset
IncreaseDecreaseInInterestRateSwapAsset
-2238000 USD
CY2020Q1 roic Increase Decrease In Interest Rate Swap Liability
IncreaseDecreaseInInterestRateSwapLiability
8791000 USD
CY2019Q1 roic Increase Decrease In Interest Rate Swap Liability
IncreaseDecreaseInInterestRateSwapLiability
873000 USD
CY2020Q1 roic Increase Decrease Accrued Real Estate Improvement Costs
IncreaseDecreaseAccruedRealEstateImprovementCosts
3881000 USD
CY2019Q1 roic Increase Decrease Accrued Real Estate Improvement Costs
IncreaseDecreaseAccruedRealEstateImprovementCosts
3500000 USD
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
63077000 USD
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9649000 USD
CY2020Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
1851000 USD
CY2019Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
1545000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
64928000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11194000 USD
CY2020Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
8846000 USD
CY2020Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
8846000 USD
CY2019Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2020Q1 us-gaap Use Of Estimates
UseOfEstimates
<div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;">Use of Estimates</span></div><div><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;"> </span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the disclosure of contingent assets and liabilities, the reported amounts of assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the periods covered by the financial statements. The most significant assumptions and estimates relate to the recoverability of assets to be held and used, purchase price allocations, depreciable lives, revenue recognition and the collectability of tenant receivables, other receivables, notes receivables, the valuation of performance-based restricted stock, LTIP Units, and derivatives. Actual results could differ from these estimates.</span></div>
CY2020Q1 roic Taxable Income Minimum Distribution Portion Not Subject To Federal Taxation Percentage
TaxableIncomeMinimumDistributionPortionNotSubjectToFederalTaxationPercentage
0.90
CY2020Q1 roic Taxable Income Minimum Distribution Portion Not Subject To Federal Taxation Percentage
TaxableIncomeMinimumDistributionPortionNotSubjectToFederalTaxationPercentage
0.90
CY2020Q1 us-gaap Real Estate Improvements
RealEstateImprovements
12500000 USD
CY2019Q1 us-gaap Real Estate Improvements
RealEstateImprovements
11800000 USD
CY2019Q1 us-gaap Acquisition Costs
AcquisitionCosts
0 USD
CY2020Q1 us-gaap Acquisition Costs
AcquisitionCosts
0 USD
CY2020Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
8900000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
8200000 USD
CY2020Q1 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;">Concentration of Credit Risk</span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;"> </span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash and cash equivalents and tenant receivables. The Company places its cash and cash equivalents in excess of insured amounts with high quality financial institutions. The Company performs ongoing credit evaluations of its tenants and requires tenants to provide security deposits.</span></div>
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
13009000 USD
CY2019Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
14469000 USD
CY2020Q1 us-gaap Profit Loss
ProfitLoss
13136000 USD
CY2019Q1 us-gaap Profit Loss
ProfitLoss
14583000 USD
CY2020Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1134000 USD
CY2019Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1333000 USD
CY2020Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
127000 USD
CY2019Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
114000 USD
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
11875000 USD
CY2019Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
13136000 USD
CY2020Q1 us-gaap Profit Loss
ProfitLoss
13136000 USD
CY2019Q1 us-gaap Profit Loss
ProfitLoss
14583000 USD
CY2020Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
127000 USD
CY2019Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
114000 USD
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
115970461 shares
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
113680670 shares
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
127181333 shares
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
125440770 shares
CY2020Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2020Q1 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
152007000 USD
CY2020Q1 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
187880000 USD
CY2020Q1 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
163347000 USD
CY2020Q1 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
134403000 USD
CY2020Q1 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
103236000 USD
CY2020Q1 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
421115000 USD
CY2020Q1 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
1161988000 USD
CY2020Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2020Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2019Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2013Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
50000000.0 USD
CY2020Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
673868 shares
CY2020Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
8800000 USD
CY2020Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1900000 USD
CY2019Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1700000 USD
CY2020Q1 us-gaap Partners Capital Account Units
PartnersCapitalAccountUnits
127055137 shares
CY2020Q1 roic Minority Interest Increase Decrease From Redemptions Number Of Units
MinorityInterestIncreaseDecreaseFromRedemptionsNumberOfUnits
116657 shares
CY2020Q1 roic Equityredemptionof Op Units Cash
EquityredemptionofOPUnitsCash
116657 shares
CY2020Q1 roic Equity Redemptionof Op Units Cash Dollars
EquityRedemptionofOPUnitsCashDollars
2000000.0 USD
CY2020Q1 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
-5400000 USD
CY2020Q1 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
1304000 USD
CY2020Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-9055000 USD
CY2019Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-2608000 USD
CY2020Q1 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-338000 USD
CY2019Q1 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
202000 USD
CY2020Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P37Y6M
CY2020Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.052
CY2020Q1 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
428000 USD
CY2019Q1 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
412000 USD
CY2020Q1 us-gaap Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
966000 USD
CY2020Q1 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
1282000 USD
CY2020Q1 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
1330000 USD
CY2020Q1 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
1335000 USD
CY2020Q1 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
32604000 USD
CY2020Q1 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
38821000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
21236000 USD
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
17585000 USD
roic Tax Protection Agreements Period
TaxProtectionAgreementsPeriod
P10Y

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