2015 Q1 Form 10-Q Financial Statement
#000114420415030531 Filed on May 14, 2015
Income Statement
| Concept | 2015 Q1 | 2014 Q1 |
|---|---|---|
| Revenue | ||
| YoY Change | ||
| Cost Of Revenue | ||
| YoY Change | ||
| Gross Profit | ||
| YoY Change | ||
| Gross Profit Margin | ||
| Selling, General & Admin | ||
| YoY Change | ||
| % of Gross Profit | ||
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | ||
| YoY Change | ||
| % of Gross Profit | ||
| Operating Expenses | $6.103M | $7.487M |
| YoY Change | -18.49% | -5.12% |
| Operating Profit | -$1.299M | -$2.176M |
| YoY Change | -40.3% | -3.25% |
| Interest Expense | $1.694M | $2.219M |
| YoY Change | -23.66% | -2.25% |
| % of Operating Profit | ||
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | ||
| YoY Change | ||
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | $2.861M | $602.0K |
| YoY Change | 375.25% | -47.1% |
| Net Earnings / Revenue | ||
| Basic Earnings Per Share | $0.26 | $0.06 |
| Diluted Earnings Per Share | $0.25 | $0.05 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 10.97M shares | 10.97M shares |
| Diluted Shares Outstanding | 11.40M shares | 11.40M shares |
Balance Sheet
| Concept | 2015 Q1 | 2014 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | ||
| YoY Change | ||
| Cash & Equivalents | $3.965M | $4.412M |
| Short-Term Investments | ||
| Other Short-Term Assets | ||
| YoY Change | ||
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | ||
| Other Receivables | ||
| Total Short-Term Assets | ||
| YoY Change | ||
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | ||
| YoY Change | ||
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $4.426M | |
| YoY Change | ||
| Other Assets | ||
| YoY Change | ||
| Total Long-Term Assets | ||
| YoY Change | ||
| TOTAL ASSETS | ||
| Total Short-Term Assets | ||
| Total Long-Term Assets | ||
| Total Assets | $141.7M | $192.3M |
| YoY Change | -26.29% | |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | ||
| YoY Change | ||
| Accrued Expenses | ||
| YoY Change | ||
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | ||
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | ||
| YoY Change | ||
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | ||
| YoY Change | ||
| Other Long-Term Liabilities | ||
| YoY Change | ||
| Total Long-Term Liabilities | ||
| YoY Change | ||
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | ||
| Total Long-Term Liabilities | ||
| Total Liabilities | $95.94M | $134.8M |
| YoY Change | -28.82% | |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | -$52.25M | -$43.21M |
| YoY Change | 20.91% | |
| Common Stock | $110.0K | $110.0K |
| YoY Change | 0.0% | |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $44.14M | $53.17M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $141.7M | $192.3M |
| YoY Change | -26.29% |
Cashflow Statement
| Concept | 2015 Q1 | 2014 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $2.861M | $602.0K |
| YoY Change | 375.25% | -47.1% |
| Depreciation, Depletion And Amortization | ||
| YoY Change | ||
| Cash From Operating Activities | -$688.0K | -$472.0K |
| YoY Change | 45.76% | -78.38% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | ||
| YoY Change | ||
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | ||
| YoY Change | ||
| Cash From Investing Activities | $40.95M | $19.75M |
| YoY Change | 107.41% | 170.44% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | $747.0K | $602.0K |
| YoY Change | 24.09% | 45.06% |
| Common Stock Issuance & Retirement, Net | $0.00 | |
| YoY Change | -100.0% | |
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -$39.51M | -$17.21M |
| YoY Change | 129.63% | 201.93% |
| NET CHANGE | ||
| Cash From Operating Activities | -$688.0K | -$472.0K |
| Cash From Investing Activities | $40.95M | $19.75M |
| Cash From Financing Activities | -$39.51M | -$17.21M |
| Net Change In Cash | $754.0K | $2.066M |
| YoY Change | -63.5% | -455.59% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$688.0K | -$472.0K |
| Capital Expenditures | ||
| Free Cash Flow | ||
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2015Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
10969714 | shares |
| CY2015Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Smaller Reporting Company | |
| CY2015Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1868000 | USD |
| CY2014Q1 | us-gaap |
Interest Expense
InterestExpense
|
2219000 | USD |
| CY2015Q1 | us-gaap |
Interest Expense
InterestExpense
|
1694000 | USD |
| CY2015Q1 | us-gaap |
Land
Land
|
30757000 | USD |
| CY2014Q4 | us-gaap |
Land
Land
|
45740000 | USD |
| CY2015Q1 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
82930000 | USD |
| CY2014Q4 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
109998000 | USD |
| CY2015Q1 | us-gaap |
Tenant Improvements
TenantImprovements
|
6553000 | USD |
| CY2014Q4 | us-gaap |
Tenant Improvements
TenantImprovements
|
10267000 | USD |
| CY2015Q1 | us-gaap |
Real Estate Investments
RealEstateInvestments
|
120240000 | USD |
| CY2014Q4 | us-gaap |
Real Estate Investments
RealEstateInvestments
|
166005000 | USD |
| CY2015Q1 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
13428000 | USD |
| CY2014Q4 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
16717000 | USD |
| CY2015Q1 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
106812000 | USD |
| CY2014Q4 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
149288000 | USD |
| CY2015Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
3965000 | USD |
| CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
3211000 | USD |
| CY2015Q1 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
6159000 | USD |
| CY2014Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
5163000 | USD |
| CY2015Q1 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
591000 | USD |
| CY2014Q4 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
1363000 | USD |
| CY2015Q1 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
2496000 | USD |
| CY2014Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
2678000 | USD |
| CY2015Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
8857000 | USD |
| CY2014Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
13658000 | USD |
| CY2015Q1 | us-gaap |
Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
|
0 | USD |
| CY2014Q4 | us-gaap |
Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
|
342000 | USD |
| CY2015Q1 | us-gaap |
Deferred Costs
DeferredCosts
|
1428000 | USD |
| CY2014Q4 | us-gaap |
Deferred Costs
DeferredCosts
|
1788000 | USD |
| CY2015Q1 | us-gaap |
Assets
Assets
|
141734000 | USD |
| CY2014Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-54451000 | USD |
| CY2014Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
41938000 | USD |
| CY2014Q4 | us-gaap |
Assets
Assets
|
177491000 | USD |
| CY2015Q1 | us-gaap |
Notes Payable
NotesPayable
|
85485000 | USD |
| CY2014Q4 | us-gaap |
Notes Payable
NotesPayable
|
122148000 | USD |
| CY2015Q1 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
1880000 | USD |
| CY2014Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
2516000 | USD |
| CY2015Q1 | us-gaap |
Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
|
63000 | USD |
| CY2014Q4 | us-gaap |
Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
|
1000 | USD |
| CY2015Q1 | us-gaap |
Other Liabilities
OtherLiabilities
|
1966000 | USD |
| CY2014Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
1767000 | USD |
| CY2015Q1 | us-gaap |
Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
|
5346000 | USD |
| CY2014Q4 | us-gaap |
Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
|
5541000 | USD |
| CY2015Q1 | us-gaap |
Liabilities
Liabilities
|
95942000 | USD |
| CY2014Q4 | us-gaap |
Liabilities
Liabilities
|
131973000 | USD |
| CY2015Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2014Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2015Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
| CY2014Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
| CY2015Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
110000 | USD |
| CY2014Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
110000 | USD |
| CY2015Q1 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
96279000 | USD |
| CY2014Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
96279000 | USD |
| CY2015Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-52248000 | USD |
| CY2015Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
44141000 | USD |
| CY2015Q1 | us-gaap |
Minority Interest
MinorityInterest
|
1651000 | USD |
| CY2014Q4 | us-gaap |
Minority Interest
MinorityInterest
|
3580000 | USD |
| CY2015Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
45792000 | USD |
| CY2014Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
45518000 | USD |
| CY2015Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
141734000 | USD |
| CY2014Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
177491000 | USD |
| CY2014Q1 | us-gaap |
Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
|
1000 | USD |
| CY2015Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.25in; MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif"> <strong><i>Use of Estimates</i></strong></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.25in; MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif">  </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.25in; MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif"> The preparation of the Company’s condensed consolidated financial statements requires significant management judgments, assumptions and estimates about matters that are inherently uncertain. These judgments affect the reported amounts of assets and liabilities and the Company’s disclosure of contingent assets and liabilities at the dates of the condensed consolidated financial statements and the reported amounts of revenue and expenses during the reporting periods. With different estimates or assumptions, materially different amounts could be reported in the Company’s condensed consolidated financial statements, and actual results could differ from the estimates or assumptions used by management. Additionally, other companies may utilize different estimates that may impact the comparability of the Company’s condensed consolidated results of operations to those of companies in similar businesses. The Company considers significant estimates to include the carrying amounts and recoverability of investments in real estate, impairments, real estate acquisition purchase price allocations, allowance for doubtful accounts, estimated useful lives to determine depreciation and amortization and fair value determinations, among others.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
| CY2015Q1 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0px; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> <b><i>Concentration of Credit Risk</i></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.25in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal">  </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.25in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> A concentration of credit risk arises in the Company’s business when a nationally or regionally-based tenant occupies a substantial amount of space in multiple properties owned by the Company. In that event, if the tenant suffers a significant downturn in its business, it may become unable to make its contractual rent payments to the Company, exposing the Company to potential losses in rental revenue, expense recoveries, and percentage rent. Generally, the Company does not obtain security deposits from the nationally-based or regionally-based tenants in support of their lease obligations to the Company. The Company regularly monitors its tenant base to assess potential concentrations of credit risk. As of March 31, 2015, Wal-Mart Stores, Inc. is the Company’s largest tenant (by square feet) and accounted for approximately 100,000 square feet, or approximately 11% of the Company’s gross leasable area, and approximately $500,000, or 4%, of the Company’s annual minimum rent. Tenants that accounted for over 5% of the Company’s annual minimum rent were Gold’s Gym, Stater Bros. Markets, and Ralphs. <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> </font>The outstanding receivables for each of the tenants above at March 31, 2015 and December 31, 2014 were as follows:</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.25in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal">  </div> <table style="WIDTH: 80%; BORDER-COLLAPSE: collapse; FONT: 10pt Times New Roman, Times, Serif; MARGIN-LEFT: 0.75in; font-size-adjust: none; font-stretch: normal" cellspacing="0" cellpadding="0"> <tr style="VERTICAL-ALIGN: bottom"> <td style="white-space:nowrap;"> <div> </div> </td> <td style="white-space:nowrap; PADDING-BOTTOM: 1pt"> <div> </div> </td> <td colspan="2" style="white-space:nowrap;"> <div> </div> </td> <td style="white-space:nowrap; PADDING-BOTTOM: 1pt"> <div> </div> </td> <td style="white-space:nowrap; PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold"> <div> </div> </td> <td style="white-space:nowrap; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center; FONT-WEIGHT: bold" colspan="6"> <div>Outstanding Tenant Receivables as of:</div> </td> <td style="white-space:nowrap; PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold"> <div> </div> </td> </tr> <tr style="VERTICAL-ALIGN: bottom"> <td style="white-space:nowrap; BORDER-BOTTOM: black 1pt solid; FONT-WEIGHT: bold"> <div>Tenant</div> </td> <td style="white-space:nowrap; PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold"> <div> </div> </td> <td style="white-space:nowrap; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center; FONT-WEIGHT: bold" colspan="2"> <div>% of Annual<br/> Minimum Rent</div> </td> <td style="white-space:nowrap; PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold"> <div> </div> </td> <td style="white-space:nowrap; PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold"> <div> </div> </td> <td style="white-space:nowrap; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center; FONT-WEIGHT: bold" colspan="2"> <div>March 31, 2015</div> </td> <td style="white-space:nowrap; PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold"> <div> </div> </td> <td style="white-space:nowrap; PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold"> <div> </div> </td> <td style="white-space:nowrap; BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: center; FONT-WEIGHT: bold" colspan="2"> <div>December 31, 2014</div> </td> <td style="white-space:nowrap; PADDING-BOTTOM: 1pt; FONT-WEIGHT: bold"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,238,255); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left"> <div>Wal-Mart Stores, Inc.</div> </td> <td> <div> </div> </td> <td style="TEXT-ALIGN: center" colspan="2"> <div>4%</div> </td> <td style="TEXT-ALIGN: left"> <div> </div> </td> <td> <div> </div> </td> <td style="TEXT-ALIGN: left"> <div>$</div> </td> <td style="TEXT-ALIGN: right"> <div>24,000</div> </td> <td style="TEXT-ALIGN: left"> <div> </div> </td> <td> <div> </div> </td> <td style="TEXT-ALIGN: left"> <div>$</div> </td> <td style="TEXT-ALIGN: right"> <div>-</div> </td> <td style="TEXT-ALIGN: left"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left"> <div>Gold's Gym</div> </td> <td> <div> </div> </td> <td style="TEXT-ALIGN: center" colspan="2"> <div>6%</div> </td> <td style="TEXT-ALIGN: left"> <div> </div> </td> <td> <div> </div> </td> <td style="TEXT-ALIGN: left"> <div> </div> </td> <td style="TEXT-ALIGN: right"> <div>-</div> </td> <td style="TEXT-ALIGN: left"> <div> </div> </td> <td> <div> </div> </td> <td style="TEXT-ALIGN: left"> <div> </div> </td> <td style="TEXT-ALIGN: right"> <div>3,000</div> </td> <td style="TEXT-ALIGN: left"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,238,255); VERTICAL-ALIGN: bottom"> <td style="TEXT-ALIGN: left"> <div>Stater Bros. Markets</div> </td> <td> <div> </div> </td> <td style="TEXT-ALIGN: center" colspan="2"> <div>7%</div> </td> <td style="TEXT-ALIGN: left"> <div> </div> </td> <td> <div> </div> </td> <td style="TEXT-ALIGN: left"> <div> </div> </td> <td style="TEXT-ALIGN: right"> <div>14,000</div> </td> <td style="TEXT-ALIGN: left"> <div> </div> </td> <td> <div> </div> </td> <td style="TEXT-ALIGN: left"> <div> </div> </td> <td style="TEXT-ALIGN: right"> <div>-</div> </td> <td style="TEXT-ALIGN: left"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: white; VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 1pt"> <div>Ralphs</div> </td> <td style="PADDING-BOTTOM: 1pt"> <div> </div> </td> <td style="TEXT-ALIGN: center; PADDING-BOTTOM: 1pt" colspan="2"> <div>7%</div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt"> <div> </div> </td> <td style="PADDING-BOTTOM: 1pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> <div>22,000</div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt"> <div> </div> </td> <td style="PADDING-BOTTOM: 1pt"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: left"> <div> </div> </td> <td style="BORDER-BOTTOM: black 1pt solid; TEXT-ALIGN: right"> <div>31,000</div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 1pt"> <div> </div> </td> </tr> <tr style="BACKGROUND-COLOR: rgb(204,238,255); VERTICAL-ALIGN: bottom"> <td style="PADDING-BOTTOM: 2.5pt; PADDING-LEFT: 9pt; WIDTH: 40%"> <div>Total</div> </td> <td style="PADDING-BOTTOM: 2.5pt; WIDTH: 2%"> <div> </div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt; WIDTH: 1%"> <div> </div> </td> <td style="TEXT-ALIGN: right; PADDING-BOTTOM: 2.5pt; WIDTH: 16%"> <div> </div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt; WIDTH: 1%"> <div> </div> </td> <td style="PADDING-BOTTOM: 2.5pt; WIDTH: 2%"> <div> </div> </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left; WIDTH: 1%"> <div>$</div> </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right; WIDTH: 16%"> <div>60,000</div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt; WIDTH: 1%"> <div> </div> </td> <td style="PADDING-BOTTOM: 2.5pt; WIDTH: 2%"> <div> </div> </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: left; WIDTH: 1%"> <div>$</div> </td> <td style="BORDER-BOTTOM: black 2.5pt double; TEXT-ALIGN: right; WIDTH: 16%"> <div>34,000</div> </td> <td style="TEXT-ALIGN: left; PADDING-BOTTOM: 2.5pt; WIDTH: 1%"> <div> </div> </td> </tr> </table> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
| CY2015Q1 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif"> <b><i>Reclassification</i></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif">  </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.25in; MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif"> Assets sold or held for sale have been reclassified on the condensed consolidated balance sheets. For operating properties sold prior to May 1, 2014, the related operating results have been reclassified from continuing to discontinued operations on the condensed consolidated statements of operations. For operating properties sold on or after May 1, 2014, the related operating results remain in continuing operations on the condensed consolidated statements of operations unless the sold properties represent a strategic shift that have had (or will have) a major effect on the Company’s operations and financial results.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
| CY2014Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
400000000 | shares |
| CY2015Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
10969714 | shares |
| CY2014Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
10969714 | shares |
| CY2015Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
| CY2014Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
| CY2015Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000000 | shares |
| CY2014Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000000 | shares |
| CY2015Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
| CY2014Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
| CY2015Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
| CY2014Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
| CY2015Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
| CY2014Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
| CY2015Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
400000000 | shares |
| CY2015Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
10969714 | shares |
| CY2014Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
10969714 | shares |
| CY2008Q4 | us-gaap |
Shares Issued Price Per Share
SharesIssuedPricePerShare
|
10.00 | |
| CY2015Q1 | ck0001446371 |
Number Of Property Multi Tenant Retail And Commercial Space
NumberOfPropertyMultiTenantRetailAndCommercialSpace
|
1060000 | pure |
| CY2015Q1 | ck0001446371 |
Percentage Of Leased Space Of Retail Properties
PercentageOfLeasedSpaceOfRetailProperties
|
0.9 | pure |
| CY2015Q1 | ck0001446371 |
Straight Line Rent Receivable
StraightLineRentReceivable
|
1283000 | USD |
| CY2014Q4 | ck0001446371 |
Straight Line Rent Receivable
StraightLineRentReceivable
|
1681000 | USD |
| CY2015Q1 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
10898000 | USD |
| CY2015Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
10016000 | USD |
| CY2015Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
8817000 | USD |
| CY2015Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
7494000 | USD |
| CY2015Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
6560000 | USD |
| CY2015Q1 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
24809000 | USD |
| CY2015Q1 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
68594000 | USD |
| CY2015Q1 | us-gaap |
Security Deposit
SecurityDeposit
|
327000 | USD |
| CY2014Q4 | us-gaap |
Security Deposit
SecurityDeposit
|
437000 | USD |
| CY2015Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
14454000 | USD |
| CY2014Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
20898000 | USD |
| CY2015Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
5597000 | USD |
| CY2014Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
7240000 | USD |
| CY2014Q1 | us-gaap |
Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
|
5311000 | USD |
| CY2015Q1 | us-gaap |
Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
|
4804000 | USD |
| CY2014Q1 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
1918000 | USD |
| CY2015Q1 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
1775000 | USD |
| CY2014Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1360000 | USD |
| CY2015Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
766000 | USD |
| CY2014Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1990000 | USD |
| CY2015Q1 | us-gaap |
Profit Loss
ProfitLoss
|
3122000 | USD |
| CY2014Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
400000 | USD |
| CY2015Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
261000 | USD |
| CY2014Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
602000 | USD |
| CY2015Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
2861000 | USD |
| CY2014Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
-0.19 | |
| CY2015Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.26 | |
| CY2014Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
0.25 | |
| CY2015Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
0 | |
| CY2014Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.06 | |
| CY2015Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.26 | |
| CY2014Q1 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
-0.19 | |
| CY2015Q1 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.25 | |
| CY2014Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0.24 | |
| CY2015Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0 | |
| CY2014Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
7487000 | USD |
| CY2015Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
6103000 | USD |
| CY2014Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2176000 | USD |
| CY2015Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1299000 | USD |
| CY2015Q1 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
|
0 | USD |
| CY2014Q1 | us-gaap |
Gain Loss On Disposition Of Real Estate Discontinued Operations
GainLossOnDispositionOfRealEstateDiscontinuedOperations
|
3192000 | USD |
| CY2015Q1 | us-gaap |
Gain Loss On Disposition Of Real Estate Discontinued Operations
GainLossOnDispositionOfRealEstateDiscontinuedOperations
|
0 | USD |
| CY2014Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
3178000 | USD |
| CY2014Q1 | us-gaap |
Profit Loss
ProfitLoss
|
1002000 | USD |
| CY2014Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.05 | |
| CY2015Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.25 | |
| CY2014Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
10969714 | shares |
| CY2015Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
10969714 | shares |
| CY2014Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
11401510 | shares |
| CY2015Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
11401510 | shares |
| CY2014Q1 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
739000 | USD |
| CY2015Q1 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
593000 | USD |
| CY2015Q1 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
85485000 | USD |
| CY2014Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
122148000 | USD |
| CY2015Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
2259000 | USD |
| CY2015Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
1424000 | USD |
| CY2015Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
52888000 | USD |
| CY2015Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
639000 | USD |
| CY2015Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
23528000 | USD |
| CY2015Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
|
4747000 | USD |
| CY2015Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
85485000 | USD |
| CY2014Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
203000 | USD |
| CY2015Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
162000 | USD |
| CY2014Q3 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
295000 | USD |
| CY2015Q1 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
420000 | USD |
| CY2014Q4 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
1080000 | USD |
| CY2014Q4 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
60000000 | USD |
| CY2015Q1 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
85485000 | USD |
| CY2014Q4 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
122148000 | USD |
| CY2015Q1 | us-gaap |
Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
|
86855000 | USD |
| CY2014Q4 | us-gaap |
Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
|
123511000 | USD |
| CY2014Q1 | us-gaap |
Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
|
2014-03-31 | |
| CY2015Q1 | us-gaap |
Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
|
2015-03-31 | |
| CY2014Q2 | us-gaap |
Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
|
2014-06-30 | |
| CY2014Q3 | us-gaap |
Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
|
2014-09-30 | |
| CY2014Q4 | us-gaap |
Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
|
2014-12-31 | |
| CY2014Q1 | us-gaap |
Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
|
2014-04-30 | |
| CY2015Q1 | us-gaap |
Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
|
2015-04-30 | |
| CY2014Q2 | us-gaap |
Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
|
2014-07-30 | |
| CY2014Q3 | us-gaap |
Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
|
2014-10-31 | |
| CY2014Q4 | us-gaap |
Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
|
2015-01-31 | |
| CY2014Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.05000 | |
| CY2015Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.06000 | |
| CY2014Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.06000 | |
| CY2014Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.06000 | |
| CY2014Q4 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.06000 | |
| CY2014Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
548000 | USD |
| CY2014 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
2522000 | USD |
| CY2015Q1 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
658000 | USD |
| CY2014Q2 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
658000 | USD |
| CY2014Q3 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
658000 | USD |
| CY2014Q4 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
658000 | USD |
| CY2014Q1 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
22000 | USD |
| CY2014 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
100000 | USD |
| CY2015Q1 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
26000 | USD |
| CY2014Q2 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
26000 | USD |
| CY2014Q3 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
26000 | USD |
| CY2014Q4 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
26000 | USD |
| CY2014Q1 | ck0001446371 |
Dividend Distribution To Common Stockholders And Unit Holders
DividendDistributionToCommonStockholdersAndUnitHolders
|
570000 | USD |
| CY2014 | ck0001446371 |
Dividend Distribution To Common Stockholders And Unit Holders
DividendDistributionToCommonStockholdersAndUnitHolders
|
2622000 | USD |
| CY2015Q1 | ck0001446371 |
Dividend Distribution To Common Stockholders And Unit Holders
DividendDistributionToCommonStockholdersAndUnitHolders
|
684000 | USD |
| CY2014Q2 | ck0001446371 |
Dividend Distribution To Common Stockholders And Unit Holders
DividendDistributionToCommonStockholdersAndUnitHolders
|
684000 | USD |
| CY2014Q3 | ck0001446371 |
Dividend Distribution To Common Stockholders And Unit Holders
DividendDistributionToCommonStockholdersAndUnitHolders
|
684000 | USD |
| CY2014Q4 | ck0001446371 |
Dividend Distribution To Common Stockholders And Unit Holders
DividendDistributionToCommonStockholdersAndUnitHolders
|
684000 | USD |
| CY2015Q1 | ck0001446371 |
Weighted Average Number Of Shares
WeightedAverageNumberOfShares
|
0.05 | pure |
| CY2015Q1 | ck0001446371 |
Real Estate Investment Trust Taxable Income Distribution
RealEstateInvestmentTrustTaxableIncomeDistribution
|
0.9 | pure |
| CY2013Q3 | us-gaap |
Alternative Investments Fair Value Disclosure
AlternativeInvestmentsFairValueDisclosure
|
1900000 | USD |
| CY2015Q1 | us-gaap |
Subsidiary Of Limited Liability Company Or Limited Partnership Ownership Interest
SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipOwnershipInterest
|
1 | pure |
| CY2014Q1 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-2176000 | USD |
| CY2015Q1 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
3122000 | USD |
| CY2014Q1 | us-gaap |
Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
-89000 | USD |
| CY2015Q1 | us-gaap |
Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
261000 | USD |
| CY2014Q1 | ck0001446371 |
Continue Operation Income Loss Applicable To Common Stock Holder
ContinueOperationIncomeLossApplicableToCommonStockHolder
|
-2087000 | USD |
| CY2015Q1 | ck0001446371 |
Continue Operation Income Loss Applicable To Common Stock Holder
ContinueOperationIncomeLossApplicableToCommonStockHolder
|
2861000 | USD |
| CY2014Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
|
489000 | USD |
| CY2015Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
|
0 | USD |
| CY2014Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
602000 | USD |
| CY2015Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
2861000 | USD |
| CY2014Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
431796 | shares |
| CY2015Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
431796 | shares |
| CY2014Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
8000 | USD |
| CY2015Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
746000 | USD |
| CY2015Q1 | us-gaap |
Property Management Fee Percent Fee
PropertyManagementFeePercentFee
|
0.04 | pure |
| CY2015Q1 | ck0001446371 |
Maximum Property Management Fee On Gross Revenues Generated By Each Property Percentage
MaximumPropertyManagementFeeOnGrossRevenuesGeneratedByEachPropertyPercentage
|
0.05 | pure |
| CY2015Q1 | ck0001446371 |
Related Party Disposition Fees Of Customary And Competitive Real Estate Commission Percentage Maximum
RelatedPartyDispositionFeesOfCustomaryAndCompetitiveRealEstateCommissionPercentageMaximum
|
0.5 | pure |
| CY2015Q1 | ck0001446371 |
Related Party Disposition Fee On Contract Sales Price Percentage
RelatedPartyDispositionFeeOnContractSalesPricePercentage
|
0.03 | pure |
| CY2015Q1 | ck0001446371 |
Reimbursement Of Operating Expenses Description
ReimbursementOfOperatingExpensesDescription
|
The Company reimburses the Advisor for all expenses paid or incurred by the Advisor in connection with the services provided to the Company, subject to the limitation that the Company will not reimburse the Advisor for any amount by which the Company’s total operating expenses (including the asset management fee described below) at the end of the four preceding fiscal quarters exceeded the greater of (1) 2% of its average invested assets (as defined in the Charter); or (2) 25% of its net income (as defined in the Charter) determined without reduction for any additions to depreciation, bad debts or other similar non-cash expenses and excluding any gain from the sale of the Company’s assets for that period (the “2%/25% Guideline”). The Advisor is required to reimburse the Company quarterly for any amounts by which total operating expenses exceed the 2%/25% Guideline in the previous expense year. The Company will not reimburse the Advisor for any of its personnel costs or other overhead costs except for customary reimbursements for personnel costs under property management agreements entered into between the OP and the Advisor or its affiliates. Notwithstanding the above, the Company may reimburse the Advisor for expenses in excess of the 2%/25% Guideline if a majority of the independent directors determine that such excess expenses are justified based on unusual and non-recurring factors. | |
| CY2015Q1 | ck0001446371 |
Percentage Of Acquisition Fee On Costs Of Investments Acquired
PercentageOfAcquisitionFeeOnCostsOfInvestmentsAcquired
|
0.01 | pure |
| CY2015Q1 | ck0001446371 |
Percentage Of Origination Fee
PercentageOfOriginationFee
|
0.01 | pure |
| CY2014Q1 | ck0001446371 |
Common Stock Sale Price Per Share
CommonStockSalePricePerShare
|
8.00 | |
| CY2014Q1 | us-gaap |
Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
|
3192000 | USD |
| CY2015Q1 | us-gaap |
Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
|
4783000 | USD |
| CY2014Q1 | us-gaap |
Straight Line Rent
StraightLineRent
|
130000 | USD |
| CY2015Q1 | us-gaap |
Straight Line Rent
StraightLineRent
|
30000 | USD |
| CY2014Q1 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
203000 | USD |
| CY2015Q1 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
127000 | USD |
| CY2014Q1 | ck0001446371 |
Depreciation And Amortization Including Portion Attributable To Discontinued Operations
DepreciationAndAmortizationIncludingPortionAttributableToDiscontinuedOperations
|
1990000 | USD |
| CY2015Q1 | ck0001446371 |
Depreciation And Amortization Including Portion Attributable To Discontinued Operations
DepreciationAndAmortizationIncludingPortionAttributableToDiscontinuedOperations
|
1868000 | USD |
| CY2014Q1 | us-gaap |
Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
|
25000 | USD |
| CY2015Q1 | us-gaap |
Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
|
-15000 | USD |
| CY2014Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-36000 | USD |
| CY2015Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
11000 | USD |
| CY2015Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
0 | USD |
| CY2014Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
55000 | USD |
| CY2015Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-83000 | USD |
| CY2014Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-328000 | USD |
| CY2015Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
227000 | USD |
| CY2014Q1 | us-gaap |
Increase Decrease In Prepaid Rent
IncreaseDecreaseInPrepaidRent
|
101000 | USD |
| CY2015Q1 | us-gaap |
Increase Decrease In Prepaid Rent
IncreaseDecreaseInPrepaidRent
|
-445000 | USD |
| CY2014Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
194000 | USD |
| CY2015Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-635000 | USD |
| CY2014Q1 | us-gaap |
Increase Decrease In Due To Affiliates Current
IncreaseDecreaseInDueToAffiliatesCurrent
|
-75000 | USD |
| CY2015Q1 | us-gaap |
Increase Decrease In Due To Affiliates Current
IncreaseDecreaseInDueToAffiliatesCurrent
|
62000 | USD |
| CY2014Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-746000 | USD |
| CY2015Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-229000 | USD |
| CY2014Q1 | us-gaap |
Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
|
-113000 | USD |
| CY2015Q1 | us-gaap |
Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
|
849000 | USD |
| CY2014Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-472000 | USD |
| CY2015Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-688000 | USD |
| CY2014Q1 | us-gaap |
Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
|
20455000 | USD |
| CY2015Q1 | us-gaap |
Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
|
53136000 | USD |
| CY2014Q1 | us-gaap |
Payments For Leasing Costs Commissions And Tenant Improvements
PaymentsForLeasingCostsCommissionsAndTenantImprovements
|
441000 | USD |
| CY2015Q1 | us-gaap |
Payments For Leasing Costs Commissions And Tenant Improvements
PaymentsForLeasingCostsCommissionsAndTenantImprovements
|
480000 | USD |
| CY2014Q1 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
269000 | USD |
| CY2015Q1 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
147000 | USD |
| CY2014Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
19745000 | USD |
| CY2015Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
40954000 | USD |
| CY2014Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
602000 | USD |
| CY2015Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
747000 | USD |
| CY2014Q1 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
16605000 | USD |
| CY2015Q1 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
36663000 | USD |
| CY2014Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-17207000 | USD |
| CY2015Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-39512000 | USD |
| CY2014Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
2066000 | USD |
| CY2015Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
754000 | USD |
| CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2346000 | USD |
| CY2014Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
4412000 | USD |
| CY2014Q1 | ck0001446371 |
Distributions Declared And Unpaid
DistributionsDeclaredAndUnpaid
|
597000 | USD |
| CY2015Q1 | ck0001446371 |
Distributions Declared And Unpaid
DistributionsDeclaredAndUnpaid
|
685000 | USD |
| CY2014Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
2085000 | USD |
| CY2015Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
2426000 | USD |
| CY2014Q1 | ck0001446371 |
Loss On Extinguishment Of Debt
LossOnExtinguishmentOfDebt
|
0 | USD |
| CY2015Q1 | ck0001446371 |
Loss On Extinguishment Of Debt
LossOnExtinguishmentOfDebt
|
233000 | USD |
| CY2014Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | USD |
| CY2015Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-233000 | USD |
| CY2011Q2 | ck0001446371 |
Distressed Debt
DistressedDebt
|
18000000 | USD |
| CY2011Q4 | ck0001446371 |
Debt Collateral Fair Market Value
DebtCollateralFairMarketValue
|
27600000 | USD |
| CY2015Q1 | ck0001446371 |
Deficiency Dividend
DeficiencyDividend
|
2700000 | USD |
| CY2015Q1 | us-gaap |
Income Tax Examination Interest Expense
IncomeTaxExaminationInterestExpense
|
405000 | USD |
| CY2014Q1 | us-gaap |
Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
|
0 | USD |
| CY2015Q1 | us-gaap |
Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
|
4783000 | USD |
| CY2015Q1 | ck0001446371 |
Percent Of Taxable Income Require To Distribute To Investors In Real Estate Investment Trust
PercentOfTaxableIncomeRequireToDistributeToInvestorsInRealEstateInvestmentTrust
|
0.9 | pure |
| CY2014Q4 | us-gaap |
Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
|
1450000 | USD |
| CY2015Q1 | us-gaap |
Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
|
1396000 | USD |
| CY2015Q1 | us-gaap |
Line Of Credit Facility Commitment Fee Description
LineOfCreditFacilityCommitmentFeeDescription
|
The Company will pay KeyBank an unused commitment fee, quarterly in arrears, which will accrue at 0.30% per annum if the usage under the Amended and Restated Credit Facility is less than or equal to 50% of the Facility Amount, and 0.20% per annum if the usage under the Amended and Restated Credit Facility is greater than 50% of the Facility Amount. | |
| CY2015Q1 | us-gaap |
Below Market Lease Gross
BelowMarketLeaseGross
|
6742000 | USD |
| CY2014Q4 | us-gaap |
Below Market Lease Gross
BelowMarketLeaseGross
|
6991000 | USD |
| CY2015Q1 | us-gaap |
Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
|
-129000 | USD |
| CY2014Q1 | us-gaap |
Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
|
0 | USD |
| CY2015Q1 | us-gaap |
Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
|
4555000 | USD |
| CY2014Q1 | us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
0 | USD |
| CY2015Q1 | us-gaap |
Below Market Lease Net
BelowMarketLeaseNet
|
5346000 | USD |
| CY2014Q4 | us-gaap |
Below Market Lease Net
BelowMarketLeaseNet
|
5541000 | USD |
| CY2014Q1 | us-gaap |
Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
|
133000 | USD |
| CY2015Q1 | us-gaap |
Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
|
117000 | USD |
| CY2015Q1 | us-gaap |
Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
|
7000000 | USD |
| CY2014Q4 | us-gaap |
Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
|
0 | USD |
| CY2015Q1 | us-gaap |
Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
|
5000 | USD |
| CY2015Q1 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
4426000 | USD |
| CY2014Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
0 | USD |
| CY2015Q1 | us-gaap |
Deferred Gain On Sale Of Property
DeferredGainOnSaleOfProperty
|
1202000 | USD |
| CY2014Q4 | us-gaap |
Deferred Gain On Sale Of Property
DeferredGainOnSaleOfProperty
|
0 | USD |
| CY2014Q1 | us-gaap |
Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
|
0 | USD |
| CY2015Q1 | us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
2102000 | USD |
| CY2015Q1 | us-gaap |
Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
|
2102000 | USD |
| CY2015Q1 | us-gaap |
Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
|
60000 | USD |
| CY2014Q4 | us-gaap |
Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
|
34000 | USD |
| CY2015Q1 | us-gaap |
Sales Of Real Estate
SalesOfRealEstate
|
53600000 | USD |
| CY2015Q1 | ck0001446371 |
Real Estate Properties Original Purchase Price
RealEstatePropertiesOriginalPurchasePrice
|
46800000 | USD |
| CY2015Q1 | us-gaap |
Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
|
53600000 | USD |
| CY2015Q1 | us-gaap |
Minority Interest Ownership Percentage By Noncontrolling Owners
MinorityInterestOwnershipPercentageByNoncontrollingOwners
|
0.19 | pure |
| CY2015Q1 | us-gaap |
Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
|
4500000 | USD |
| CY2015Q1 | ck0001446371 |
Payments Of Debt By Sale Of Real Estate Properties
PaymentsOfDebtBySaleOfRealEstateProperties
|
36400000 | USD |
| CY2014Q3 | us-gaap |
Line Of Credit
LineOfCredit
|
20800000 | USD |
| CY2014Q1 | us-gaap |
Disposal Group Including Discontinued Operation Rental Income
DisposalGroupIncludingDiscontinuedOperationRentalIncome
|
59000 | USD |
| CY2014Q1 | us-gaap |
Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
|
61000 | USD |
| CY2014Q1 | us-gaap |
Disposal Group Including Discontinued Operation Depreciation And Amortization
DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization
|
0 | USD |
| CY2014Q1 | us-gaap |
Disposal Group Including Discontinued Operation Other Expense
DisposalGroupIncludingDiscontinuedOperationOtherExpense
|
0 | USD |
| CY2014Q1 | us-gaap |
Disposal Group Including Discontinued Operation Interest Expense
DisposalGroupIncludingDiscontinuedOperationInterestExpense
|
12000 | USD |
| CY2014Q1 | ck0001446371 |
Percentage Of Net Proceeds From Sale
PercentageOfNetProceedsFromSale
|
0.8 | pure |
| CY2015Q1 | us-gaap |
Sales Of Real Estate
SalesOfRealEstate
|
53600000 | USD |
| CY2012Q2 | us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
19000000 | USD |
| CY2015Q1 | ck0001446371 |
Proceeds From Sale Of Initial Properties
ProceedsFromSaleOfInitialProperties
|
53600000 | USD |
| CY2014 | ck0001446371 |
Financing Coordination Fee
FinancingCoordinationFee
|
300000 | USD |
| CY2014Q1 | us-gaap |
Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
|
0 | USD |
| CY2015Q1 | us-gaap |
Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
|
7000000 | USD |
