2024 Q1 Form 10-K Financial Statement

#000140762324000043 Filed on February 15, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $85.33M $84.65M $327.7M
YoY Change 7.61% 5.56% 4.73%
Cost Of Revenue $14.08M $14.17M $55.17M
YoY Change -0.84% 4.3% 8.05%
Gross Profit $71.25M $70.48M $272.6M
YoY Change 9.45% 5.82% 4.08%
Gross Profit Margin 83.5% 83.26% 83.17%
Selling, General & Admin $14.24M $14.02M $57.29M
YoY Change 0.55% -2.82% 1.6%
% of Gross Profit 19.99% 19.9% 21.02%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $26.27M $26.93M $104.2M
YoY Change 4.64% 7.49% 6.91%
% of Gross Profit 36.87% 38.21% 38.24%
Operating Expenses $40.66M $41.37M $217.9M
YoY Change -24.2% 4.3% 5.82%
Operating Profit $30.58M $29.11M $109.8M
YoY Change 19.22% 8.05% -4.22%
Interest Expense -$18.92M -$20.60M $73.19M
YoY Change -211.56% 28.36% 23.58%
% of Operating Profit -61.86% -70.76% 66.63%
Other Income/Expense, Net
YoY Change
Pretax Income $11.67M $8.511M $36.65M
YoY Change 34.14% -21.87% -33.91%
Income Tax
% Of Pretax Income
Net Earnings $10.89M $7.924M $34.53M
YoY Change 33.73% -21.54% -33.42%
Net Earnings / Revenue 12.76% 9.36% 10.54%
Basic Earnings Per Share $0.09 $0.27
Diluted Earnings Per Share $0.08 $0.06 $0.27
COMMON SHARES
Basic Shares Outstanding 127.0M shares 126.0M shares 125.0M shares
Diluted Shares Outstanding 134.3M shares 132.9M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.768M $6.302M $6.302M
YoY Change -84.67% 12.58% 12.58%
Cash & Equivalents $1.768M $6.302M $6.302M
Short-Term Investments
Other Short-Term Assets $4.898M $3.354M $3.354M
YoY Change 16.09% -43.7% -43.7%
Inventory
Prepaid Expenses
Receivables $60.78M $61.19M $61.19M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $67.45M $70.85M $70.85M
YoY Change -10.13% 2.53% 2.53%
LONG-TERM ASSETS
Property, Plant & Equipment $2.801B $2.828B $2.828B
YoY Change -1.25% -0.69% -0.69%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $29.59M $29.41M $29.41M
YoY Change -12.21% 3.03% 3.03%
Total Long-Term Assets $2.899B $2.907B $2.907B
YoY Change -0.93% -0.97% -0.97%
TOTAL ASSETS
Total Short-Term Assets $67.45M $70.85M $70.85M
Total Long-Term Assets $2.899B $2.907B $2.907B
Total Assets $2.967B $2.978B $2.978B
YoY Change -1.16% -0.89% -0.89%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $60.81M $50.60M $50.60M
YoY Change 11.31% 121.1% 121.1%
Accrued Expenses $16.30M $16.42M $16.42M
YoY Change -2.98% -1.66% -1.66%
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 $69.15M $75.23M $75.23M
YoY Change -12.76% 59.09% 59.09%
LONG-TERM LIABILITIES
Long-Term Debt $1.372B $1.378B $1.378B
YoY Change -0.19% -1.19% -1.19%
Other Long-Term Liabilities $172.2M $160.8M $160.8M
YoY Change -1.61% -9.33% -9.33%
Total Long-Term Liabilities $1.544B $1.539B $1.539B
YoY Change -0.35% -2.11% -2.11%
TOTAL LIABILITIES
Total Short-Term Liabilities $69.15M $75.23M $75.23M
Total Long-Term Liabilities $1.544B $1.539B $1.539B
Total Liabilities $1.688B $1.614B $1.690B
YoY Change 3.66% -0.32% -1.04%
SHAREHOLDERS EQUITY
Retained Earnings -$365.3M -$357.2M
YoY Change 11.82% 13.03%
Common Stock $13.00K $13.00K
YoY Change 8.33% 8.33%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.279B $1.287B $1.287B
YoY Change
Total Liabilities & Shareholders Equity $2.967B $2.978B $2.978B
YoY Change -1.16% -0.89% -0.89%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $10.89M $7.924M $34.53M
YoY Change 33.73% -21.54% -33.42%
Depreciation, Depletion And Amortization $26.27M $26.93M $104.2M
YoY Change 4.64% 7.49% 6.91%
Cash From Operating Activities $42.72M $23.18M $147.5M
YoY Change -3.88% 45.03% -1.04%
INVESTING ACTIVITIES
Capital Expenditures $15.74M $38.28M $71.38M
YoY Change 96.14% 183.85% -60.17%
Acquisitions
YoY Change
Other Investing Activities $24.00K -$8.000K $592.0K
YoY Change 9.09% -136.36% -98.29%
Cash From Investing Activities -$15.72M -$38.29M -$70.79M
YoY Change 96.38% 184.37% -51.07%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $12.83M
YoY Change -150.91%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -31.26M -184.0M -$75.73M
YoY Change 3.4% 3994.97% 518.95%
NET CHANGE
Cash From Operating Activities 42.72M 23.18M $147.5M
Cash From Investing Activities -15.72M -38.29M -$70.79M
Cash From Financing Activities -31.26M -184.0M -$75.73M
Net Change In Cash -4.257M -199.1M $959.0K
YoY Change -168.56% 9972.89% -112.13%
FREE CASH FLOW
Cash From Operating Activities $42.72M $23.18M $147.5M
Capital Expenditures $15.74M $38.28M $71.38M
Free Cash Flow $26.98M -$15.10M $76.10M
YoY Change -25.92% -705.41% -352.03%

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CY2022 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2022 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
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CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2023 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2023 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2023 us-gaap Common Stock Dividends Per Share Declared
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CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2023 us-gaap Profit Loss
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36654000 usd
CY2022 us-gaap Profit Loss
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CY2021 us-gaap Profit Loss
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CY2022 us-gaap Depreciation Depletion And Amortization
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CY2021 us-gaap Depreciation Depletion And Amortization
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CY2023 us-gaap Amortization Of Financing Costs And Discounts
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CY2022 us-gaap Amortization Of Financing Costs And Discounts
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CY2021 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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CY2021 us-gaap Straight Line Rent
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CY2022 us-gaap Amortization Of Above And Below Market Leases
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CY2021 us-gaap Amortization Of Above And Below Market Leases
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CY2023 us-gaap Share Based Compensation
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CY2022 us-gaap Share Based Compensation
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CY2021 us-gaap Share Based Compensation
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CY2023 us-gaap Provision For Loan And Lease Losses
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CY2022 us-gaap Provision For Loan And Lease Losses
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CY2021 us-gaap Provision For Loan And Lease Losses
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CY2023 us-gaap Other Noncash Income Expense
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CY2022 us-gaap Other Noncash Income Expense
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CY2021 us-gaap Other Noncash Income Expense
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CY2023 us-gaap Gains Losses On Sales Of Investment Real Estate
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CY2022 us-gaap Gains Losses On Sales Of Investment Real Estate
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CY2021 us-gaap Gains Losses On Sales Of Investment Real Estate
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CY2023 us-gaap Increase Decrease In Receivables
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CY2022 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
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CY2021 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
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CY2023 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
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CY2022 us-gaap Increase Decrease In Prepaid Expense
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630000 usd
CY2021 us-gaap Increase Decrease In Prepaid Expense
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CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
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CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2023 us-gaap Increase Decrease In Other Operating Capital Net
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CY2022 us-gaap Increase Decrease In Other Operating Capital Net
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CY2021 us-gaap Increase Decrease In Other Operating Capital Net
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CY2023 us-gaap Net Cash Provided By Used In Operating Activities
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CY2022 us-gaap Net Cash Provided By Used In Operating Activities
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CY2021 us-gaap Net Cash Provided By Used In Operating Activities
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CY2023 us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
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CY2022 us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
120639000 usd
CY2021 us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
125490000 usd
CY2023 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
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CY2022 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
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CY2021 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
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CY2021 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
46242000 usd
CY2023 us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
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CY2022 us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
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CY2021 us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
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CY2023 roic Proceeds From Collection Of Mortgage Notes Receivable Financing Activities
ProceedsFromCollectionOfMortgageNotesReceivableFinancingActivities
92000 usd
CY2022 roic Proceeds From Collection Of Mortgage Notes Receivable Financing Activities
ProceedsFromCollectionOfMortgageNotesReceivableFinancingActivities
89000 usd
CY2021 roic Proceeds From Collection Of Mortgage Notes Receivable Financing Activities
ProceedsFromCollectionOfMortgageNotesReceivableFinancingActivities
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CY2023 us-gaap Net Cash Provided By Used In Investing Activities
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CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2021 us-gaap Net Cash Provided By Used In Investing Activities
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CY2023 us-gaap Repayments Of Secured Debt
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CY2022 us-gaap Repayments Of Secured Debt
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CY2021 us-gaap Repayments Of Secured Debt
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CY2023 us-gaap Repayments Of Unsecured Debt
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CY2022 us-gaap Repayments Of Unsecured Debt
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CY2021 us-gaap Repayments Of Unsecured Debt
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CY2023 us-gaap Proceeds From Lines Of Credit
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CY2021 us-gaap Proceeds From Lines Of Credit
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CY2023 us-gaap Repayments Of Lines Of Credit
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CY2022 us-gaap Repayments Of Lines Of Credit
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CY2022 us-gaap Payments For Capital Improvements
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CY2021 us-gaap Repayments Of Lines Of Credit
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CY2023 us-gaap Proceeds From Issuance Of Senior Long Term Debt
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CY2022 us-gaap Proceeds From Issuance Of Senior Long Term Debt
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CY2021 us-gaap Proceeds From Issuance Of Senior Long Term Debt
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CY2023 us-gaap Repayments Of Senior Debt
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CY2022 us-gaap Repayments Of Senior Debt
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CY2021 us-gaap Repayments Of Senior Debt
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CY2023 us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
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CY2022 us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
6628000 usd
CY2021 us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
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CY2023 us-gaap Payments Of Financing Costs
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CY2022 us-gaap Payments Of Financing Costs
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CY2021 us-gaap Payments Of Financing Costs
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CY2023 us-gaap Proceeds From Issuance Of Common Stock
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CY2022 us-gaap Proceeds From Issuance Of Common Stock
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CY2021 us-gaap Proceeds From Issuance Of Common Stock
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CY2023 us-gaap Payments Of Stock Issuance Costs
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CY2022 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
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CY2021 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
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CY2023 us-gaap Payments Of Dividends Common Stock
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CY2022 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
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CY2021 us-gaap Payments Of Dividends Common Stock
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CY2023 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
32000 usd
CY2022 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
302000 usd
CY2021 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
428000 usd
CY2023 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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3291000 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
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CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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CY2023 us-gaap Net Cash Provided By Used In Financing Activities
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
959000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
8727000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7459000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
15363000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6636000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8418000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7459000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
15363000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6302000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5598000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
13218000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2116000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
1861000 usd
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2145000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8418000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7459000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
15363000 usd
CY2023 us-gaap Use Of Estimates
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<div style="text-align:justify"><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><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify"><span style="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, and the </span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">valuation of performance-based restricted stock, LTIP Units (as defined below), and derivatives. Actual results could differ from these estimates.</span></div>
CY2023Q4 roic Taxable Income Minimum Distribution Portion Not Subject To Federal Taxation Percentage
TaxableIncomeMinimumDistributionPortionNotSubjectToFederalTaxationPercentage
0.90
CY2023Q4 roic Taxable Income Minimum Distribution Portion Not Subject To Federal Taxation Percentage
TaxableIncomeMinimumDistributionPortionNotSubjectToFederalTaxationPercentage
0.90
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.1500
CY2023Q1 roic Common Stock Dividends Per Share Declared Characterization Ordinary Income
CommonStockDividendsPerShareDeclaredCharacterizationOrdinaryIncome
0.1500
CY2023Q1 roic Common Stock Dividends Per Share Declared Characterization Section199 A
CommonStockDividendsPerShareDeclaredCharacterizationSection199A
0.1500
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.1500
CY2023Q2 roic Common Stock Dividends Per Share Declared Characterization Ordinary Income
CommonStockDividendsPerShareDeclaredCharacterizationOrdinaryIncome
0.1500
CY2023Q2 roic Common Stock Dividends Per Share Declared Characterization Section199 A
CommonStockDividendsPerShareDeclaredCharacterizationSection199A
0.1500
CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.1500
CY2023Q3 roic Common Stock Dividends Per Share Declared Characterization Ordinary Income
CommonStockDividendsPerShareDeclaredCharacterizationOrdinaryIncome
0.1500
CY2023Q3 roic Common Stock Dividends Per Share Declared Characterization Section199 A
CommonStockDividendsPerShareDeclaredCharacterizationSection199A
0.1500
CY2023Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.1500
CY2023Q4 roic Common Stock Dividends Per Share Declared Characterization Ordinary Income
CommonStockDividendsPerShareDeclaredCharacterizationOrdinaryIncome
0.1500
CY2023Q4 roic Common Stock Dividends Per Share Declared Characterization Section199 A
CommonStockDividendsPerShareDeclaredCharacterizationSection199A
0.1500
CY2023 us-gaap Real Estate Improvements
RealEstateImprovements
50900000 usd
CY2022 us-gaap Real Estate Improvements
RealEstateImprovements
55100000 usd
CY2023 us-gaap Acquisition Costs
AcquisitionCosts
0 usd
CY2021 us-gaap Acquisition Costs
AcquisitionCosts
0 usd
CY2022 us-gaap Acquisition Costs
AcquisitionCosts
0 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
17400000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
15700000 usd
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="text-align:justify"><span style="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="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="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>
CY2023 us-gaap Profit Loss
ProfitLoss
36654000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
55460000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
57360000 usd
CY2023 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2120000 usd
CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3591000 usd
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3852000 usd
CY2023 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
455000 usd
CY2022 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
378000 usd
CY2021 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
355000 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
34079000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
51491000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
53153000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
36654000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
55460000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
57360000 usd
CY2023 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
455000 usd
CY2022 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
378000 usd
CY2021 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
355000 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
36199000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
55082000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
57005000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2013Q3 roic Tax Protection Agreements Acquisitions Term
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P12Y
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60045000 usd
CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
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CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
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2159706000 usd
CY2023Q4 us-gaap Sec Schedule Iii Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Land
SECScheduleIIIRealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionLand
2601000 usd
CY2023Q4 us-gaap Sec Schedule Iii Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Buildings And Improvements
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CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
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CY2023Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
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CY2021Q4 us-gaap Real Estate Gross At Carrying Value
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3266155000 usd
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CY2023 roic Real Estate Improvements1
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55086000 usd
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CY2023 us-gaap Real Estate Other Acquisitions
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21870000 usd
CY2022 us-gaap Real Estate Other Acquisitions
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134706000 usd
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136105000 usd
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30995000 usd
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CY2023 us-gaap Sec Schedule Iii Real Estate Writedown Or Reserve Amount
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15915000 usd
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13859000 usd
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13581000 usd
CY2023Q4 us-gaap Real Estate Gross At Carrying Value
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CY2022Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
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578593000 usd
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SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
92040000 usd
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82957000 usd
CY2023 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
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RealEstateAccumulatedDepreciationRealEstateSold
4112000 usd
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RealEstateAccumulatedDepreciationRealEstateSold
18476000 usd
CY2023 us-gaap Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
16090000 usd
CY2022 us-gaap Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
14485000 usd
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RealEstateAccumulatedDepreciationOtherDeductions
13810000 usd
CY2023Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
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CY2023Q4 srt Real Estate Federal Income Tax Basis
RealEstateFederalIncomeTaxBasis
3200000000 usd
CY2022Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
4786000 usd
CY2021Q4 us-gaap Mortgage Loans On Real Estate
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4875000 usd
CY2020Q4 us-gaap Mortgage Loans On Real Estate
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4959000 usd
CY2023 srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
92000 usd
CY2022 srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
89000 usd
CY2021 srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
84000 usd
CY2023Q4 us-gaap Mortgage Loans On Real Estate
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4694000 usd
CY2022Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
4786000 usd
CY2021Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
4875000 usd
CY2023 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
37231000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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3813000 usd
CY2023 us-gaap Payments For Capital Improvements
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49625000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
58850000 usd
CY2023 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
2152000 usd

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