2024 Q2 Form 10-Q Financial Statement

#000140762324000071 Filed on April 24, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1
Revenue $83.32M $85.33M
YoY Change 1.56% 7.61%
Cost Of Revenue $14.47M $14.08M
YoY Change 6.56% -0.84%
Gross Profit $68.85M $71.25M
YoY Change 0.57% 9.45%
Gross Profit Margin 82.63% 83.5%
Selling, General & Admin $14.17M $14.24M
YoY Change -3.61% 0.55%
% of Gross Profit 20.58% 19.99%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $26.33M $26.27M
YoY Change 4.8% 4.64%
% of Gross Profit 38.25% 36.87%
Operating Expenses $55.48M $40.66M
YoY Change 2.95% -24.2%
Operating Profit $27.84M $30.58M
YoY Change -1.1% 19.22%
Interest Expense $20.04M -$18.92M
YoY Change 13.67% -211.56%
% of Operating Profit 71.99% -61.86%
Other Income/Expense, Net
YoY Change
Pretax Income $7.799M $11.67M
YoY Change -25.85% 34.14%
Income Tax
% Of Pretax Income
Net Earnings $7.366M $10.89M
YoY Change -25.81% 33.73%
Net Earnings / Revenue 8.84% 12.76%
Basic Earnings Per Share $0.06 $0.09
Diluted Earnings Per Share $0.06 $0.08
COMMON SHARES
Basic Shares Outstanding 127.5M shares 127.0M shares
Diluted Shares Outstanding 134.3M shares 134.3M shares

Balance Sheet

Concept 2024 Q2 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.114M $1.768M
YoY Change -60.08% -84.67%
Cash & Equivalents $2.114M $1.768M
Short-Term Investments
Other Short-Term Assets $2.760M $4.898M
YoY Change 22.61% 16.09%
Inventory
Prepaid Expenses
Receivables $59.41M $60.78M
Other Receivables $0.00 $0.00
Total Short-Term Assets $64.28M $67.45M
YoY Change -0.92% -10.13%
LONG-TERM ASSETS
Property, Plant & Equipment $2.867B $2.801B
YoY Change 1.47% -1.25%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $27.66M $29.59M
YoY Change -13.78% -12.21%
Total Long-Term Assets $2.947B $2.899B
YoY Change 1.15% -0.93%
TOTAL ASSETS
Total Short-Term Assets $64.28M $67.45M
Total Long-Term Assets $2.947B $2.899B
Total Assets $3.012B $2.967B
YoY Change 1.11% -1.16%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $44.58M $60.81M
YoY Change 1.93% 11.31%
Accrued Expenses $16.20M $16.30M
YoY Change -2.99% -2.98%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $69.35M $69.15M
YoY Change 1.5% -12.76%
LONG-TERM LIABILITIES
Long-Term Debt $1.442B $1.372B
YoY Change 5.21% -0.19%
Other Long-Term Liabilities $156.1M $172.2M
YoY Change -9.06% -1.61%
Total Long-Term Liabilities $1.598B $1.544B
YoY Change 3.62% -0.35%
TOTAL LIABILITIES
Total Short-Term Liabilities $69.35M $69.15M
Total Long-Term Liabilities $1.598B $1.544B
Total Liabilities $1.668B $1.688B
YoY Change 3.53% 3.66%
SHAREHOLDERS EQUITY
Retained Earnings -$377.1M -$365.3M
YoY Change 12.31% 11.82%
Common Stock $13.00K $13.00K
YoY Change 0.0% 8.33%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.269B $1.279B
YoY Change
Total Liabilities & Shareholders Equity $3.012B $2.967B
YoY Change 1.11% -1.16%

Cashflow Statement

Concept 2024 Q2 2024 Q1
OPERATING ACTIVITIES
Net Income $7.366M $10.89M
YoY Change -25.81% 33.73%
Depreciation, Depletion And Amortization $26.33M $26.27M
YoY Change 4.8% 4.64%
Cash From Operating Activities $22.36M $42.72M
YoY Change -22.16% -3.88%
INVESTING ACTIVITIES
Capital Expenditures $73.99M $15.74M
YoY Change 566.19% 96.14%
Acquisitions
YoY Change
Other Investing Activities $23.00K $24.00K
YoY Change -95.6% 9.09%
Cash From Investing Activities -$73.96M -$15.72M
YoY Change 598.89% 96.38%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 49.56M -31.26M
YoY Change -302.73% 3.4%
NET CHANGE
Cash From Operating Activities 22.36M 42.72M
Cash From Investing Activities -73.96M -15.72M
Cash From Financing Activities 49.56M -31.26M
Net Change In Cash -2.047M -4.257M
YoY Change -67.52% -168.56%
FREE CASH FLOW
Cash From Operating Activities $22.36M $42.72M
Capital Expenditures $73.99M $15.74M
Free Cash Flow -$51.63M $26.98M
YoY Change -393.02% -25.92%

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240000 usd
CY2023Q1 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
2503000 usd
CY2024Q1 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
1544000 usd
CY2023Q1 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-1738000 usd
CY2024Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
11489000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
9278000 usd
CY2024Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
2497000 usd
CY2023Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-667000 usd
CY2024Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
42723000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
44447000 usd
CY2024Q1 us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
106000 usd
CY2023Q1 us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
0 usd
CY2024Q1 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
10636000 usd
CY2023Q1 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
8026000 usd
CY2024Q1 roic Return Of Deposits On Real Estate Acquisitions Net
ReturnOfDepositsOnRealEstateAcquisitionsNet
-5000000 usd
CY2023Q1 roic Return Of Deposits On Real Estate Acquisitions Net
ReturnOfDepositsOnRealEstateAcquisitionsNet
0 usd
CY2024Q1 roic Proceeds From Collection Of Mortgage Notes Receivable Financing Activities
ProceedsFromCollectionOfMortgageNotesReceivableFinancingActivities
24000 usd
CY2023Q1 roic Proceeds From Collection Of Mortgage Notes Receivable Financing Activities
ProceedsFromCollectionOfMortgageNotesReceivableFinancingActivities
22000 usd
CY2024Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-15718000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-8004000 usd
CY2024Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
177000 usd
CY2023Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
174000 usd
CY2024Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
23000000 usd
CY2023Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
2000000 usd
CY2024Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
30000000 usd
CY2023Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
23000000 usd
CY2024Q1 us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
1116000 usd
CY2023Q1 us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
0 usd
CY2024Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0 usd
CY2023Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
5604000 usd
CY2024Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
33000 usd
CY2023Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
10000 usd
CY2024Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
19404000 usd
CY2023Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
297000 usd
CY2024Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
0 usd
CY2023Q1 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
32000 usd
CY2024Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3532000 usd
CY2023Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3181000 usd
CY2024Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-31262000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-30234000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-4257000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
6209000 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
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4161000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13668000 usd
CY2024Q1 roic Asset Acquisition Purchase Price Allocation Amortizable Intangible Liabilities
AssetAcquisitionPurchasePriceAllocationAmortizableIntangibleLiabilities
2932000 usd
CY2023Q1 roic Asset Acquisition Purchase Price Allocation Amortizable Intangible Liabilities
AssetAcquisitionPurchasePriceAllocationAmortizableIntangibleLiabilities
0 usd
CY2024Q1 roic Increase Decrease In Interest Rate Swap Asset
IncreaseDecreaseInInterestRateSwapAsset
-40000 usd
CY2023Q1 roic Increase Decrease In Interest Rate Swap Asset
IncreaseDecreaseInInterestRateSwapAsset
211000 usd
CY2024Q1 roic Increase Decrease In Interest Rate Swap Liability
IncreaseDecreaseInInterestRateSwapLiability
0 usd
CY2023Q1 roic Increase Decrease In Interest Rate Swap Liability
IncreaseDecreaseInInterestRateSwapLiability
203000 usd
CY2024Q1 roic Real Estate Improvement Costs Accrued
RealEstateImprovementCostsAccrued
4265000 usd
CY2023Q1 roic Real Estate Improvement Costs Accrued
RealEstateImprovementCostsAccrued
5937000 usd
CY2024Q1 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
20899000 usd
CY2023Q1 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
20714000 usd
CY2024Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1768000 usd
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
11536000 usd
CY2024Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2393000 usd
CY2023Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2132000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4161000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13668000 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
8696000 usd
CY2024Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
130000 usd
CY2024Q1 us-gaap Use Of Estimates
UseOfEstimates
<div><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><span style="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="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 valuation of performance-based restricted stock, LTIP Units (as defined below), and derivatives. Actual results could differ from these estimates.</span></div>
CY2024Q1 roic Taxable Income Minimum Distribution Portion Not Subject To Federal Taxation Percentage
TaxableIncomeMinimumDistributionPortionNotSubjectToFederalTaxationPercentage
0.90
CY2024Q1 roic Taxable Income Minimum Distribution Portion Not Subject To Federal Taxation Percentage
TaxableIncomeMinimumDistributionPortionNotSubjectToFederalTaxationPercentage
0.90
CY2024Q1 us-gaap Real Estate Improvements
RealEstateImprovements
9700000 usd
CY2023Q1 us-gaap Real Estate Improvements
RealEstateImprovements
10400000 usd
CY2023Q1 us-gaap Acquisition Costs
AcquisitionCosts
0 usd
CY2023Q1 us-gaap Acquisition Costs
AcquisitionCosts
0 usd
CY2024Q1 us-gaap Acquisition Costs
AcquisitionCosts
0 usd
CY2024Q1 us-gaap Acquisition Costs
AcquisitionCosts
0 usd
CY2024Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
18000000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
17400000 usd
CY2024Q1 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>
CY2024Q1 us-gaap Profit Loss
ProfitLoss
11665000 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
8696000 usd
CY2024Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
647000 usd
CY2023Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
554000 usd
CY2024Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
130000 usd
CY2023Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
120000 usd
CY2024Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
10888000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
8022000 usd
CY2024Q1 us-gaap Profit Loss
ProfitLoss
11665000 usd
CY2024Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P35Y1M6D
CY2024Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.052
CY2023Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
120000 usd
CY2024Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
11535000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
8576000 usd
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
126593414 shares
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
124227368 shares
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
134261653 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
133007419 shares
CY2024Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2024Q1 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
169919000 usd
CY2024Q1 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
208399000 usd
CY2024Q1 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
180322000 usd
CY2024Q1 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
150715000 usd
CY2024Q1 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
117939000 usd
CY2024Q1 roic Lessor Operating Lease Payment To Be Received After Year Four
LessorOperatingLeasePaymentToBeReceivedAfterYearFour
393108000 usd
CY2024Q1 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
1220402000 usd
CY2024Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2023Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2024Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2013Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
50000000 usd
CY2024Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0 shares
CY2024Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2800000 usd
CY2023Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2900000 usd
CY2024Q1 us-gaap Partners Capital Account Units
PartnersCapitalAccountUnits
134894971 shares
CY2024Q1 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
-552000 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
343000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
11000 usd
CY2024Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
383000 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
16000 usd
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
16300000 usd
CY2024Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
14600000 usd
CY2024Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
426000 usd
CY2023Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
401000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1023000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1369000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1389000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1417000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1446000 usd
CY2024Q1 roic Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
27596000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
34240000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
17944000 usd
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
16296000 usd
CY2013Q3 roic Tax Protection Agreements Acquisitions Term
TaxProtectionAgreementsAcquisitionsTerm
P12Y
roic Tax Protection Agreements Acquisitions Term
TaxProtectionAgreementsAcquisitionsTerm
P10Y
CY2024Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.15

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