$SILA
Sila Realty Trust, Inc. Stock $sila

$sila Overview Financials Valuation SEC Filings Company Website

2018 Q1 Form 10-Q Financial Statement

#000156792518000048 Filed on May 10, 2018

Income Statement

Concept	2018 Q1	2017 Q1
Revenue	$41.29M	$24.02M
YoY Change	71.9%	110.28%
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	$26.05M	$15.47M
YoY Change	68.42%	73.11%
Operating Profit	$15.25M	$8.555M
YoY Change	78.2%	243.71%
Interest Expense	-$7.741M	-$3.764M
YoY Change	105.66%	328.21%
% of Operating Profit	-50.78%	-44.0%
Other Income/Expense, Net
YoY Change
Pretax Income
YoY Change
Income Tax
% Of Pretax Income
Net Earnings	$7.504M	$4.791M
YoY Change	56.63%	197.58%
Net Earnings / Revenue	18.17%	19.94%
Basic Earnings Per Share	$0.06	$0.06
Diluted Earnings Per Share	$0.06	$0.06
COMMON SHARES
Basic Shares Outstanding	126.4M shares	86.48M shares
Diluted Shares Outstanding	126.4M shares	86.50M shares

Balance Sheet

Concept	2018 Q1	2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents	$76.73M	$64.41M
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
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets	$1.832B	$1.248B
YoY Change	46.85%	104.53%
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	$816.4M	$520.4M
YoY Change	56.88%	308.4%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$1.280M	$904.0K
YoY Change	41.59%	54.53%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.016B	$727.2M
YoY Change
Total Liabilities & Shareholders Equity	$1.832B	$1.248B
YoY Change	46.85%	104.53%

Cashflow Statement

Concept	2018 Q1	2017 Q1
OPERATING ACTIVITIES
Net Income	$7.504M	$4.791M
YoY Change	56.63%	197.58%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities	$19.29M	$12.77M
YoY Change	51.09%	175.73%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	-$57.94M	-$168.4M
YoY Change	-65.58%	96.17%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	-$25.68M	-$67.74M
YoY Change	-62.1%	-27.58%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$42.52M	$169.6M
YoY Change	-74.92%	68.08%
NET CHANGE
Cash From Operating Activities	$19.29M	$12.77M
Cash From Investing Activities	-$57.94M	-$168.4M
Cash From Financing Activities	$42.52M	$169.6M
Net Change In Cash	$3.872M	$13.99M
YoY Change	-72.32%	-29.01%
FREE CASH FLOW
Cash From Operating Activities	$19.29M	$12.77M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2017Q1	cik0001567925	Additions To Real Estate Held For Investment And Capital Improvements AdditionsToRealEstateHeldForInvestmentAndCapitalImprovements	165027000	USD
CY2018Q1	cik0001567925	Additions To Real Estate Held For Investment And Capital Improvements AdditionsToRealEstateHeldForInvestmentAndCapitalImprovements	57842000	USD
CY2018Q1	cik0001567925	Adjustmentsto Additional Paid In Capital Commissionson Saleof Common Stockand Related Dealer Manager Fees AdjustmentstoAdditionalPaidInCapitalCommissionsonSaleofCommonStockandRelatedDealerManagerFees	1689000	USD
CY2018Q1	cik0001567925	Adjustmentsto Additional Paidin Capital Distributionand Servicing Fees AdjustmentstoAdditionalPaidinCapitalDistributionandServicingFees	374000	USD
CY2017	cik0001567925	Below Market Leases Weighted Average Remaining Life BelowMarketLeasesWeightedAverageRemainingLife	P18Y8M12D
CY2018Q1	cik0001567925	Below Market Leases Weighted Average Remaining Life BelowMarketLeasesWeightedAverageRemainingLife	P18Y7M6D
CY2018Q1	cik0001567925	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed In Place Leases BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInPlaceLeases	5934000	USD
CY2018Q1	cik0001567925	Capitalized Acquisition Costs And Fees Additions CapitalizedAcquisitionCostsAndFeesAdditions	1127000	USD
CY2018Q1	cik0001567925	Cumulative Non Compounded Annual Return CumulativeNonCompoundedAnnualReturn	0.06
CY2017Q4	cik0001567925	Debt Issuance Costs Notes Payable Net DebtIssuanceCostsNotesPayableNet	4393000	USD
CY2018Q1	cik0001567925	Debt Issuance Costs Notes Payable Net DebtIssuanceCostsNotesPayableNet	4165000	USD
CY2017Q4	cik0001567925	Debt Issuance Costs Term Loan Of Credit Facility Net DebtIssuanceCostsTermLoanOfCreditFacilityNet	601000	USD
CY2018Q1	cik0001567925	Debt Issuance Costs Term Loan Of Credit Facility Net DebtIssuanceCostsTermLoanOfCreditFacilityNet	526000	USD
CY2017Q1	cik0001567925	Distributionand Servicing Fees Incurred But Not Yet Paid DistributionandServicingFeesIncurredButNotYetPaid	1333000	USD
CY2018Q1	cik0001567925	Distributionand Servicing Fees Incurred But Not Yet Paid DistributionandServicingFeesIncurredButNotYetPaid	0	USD
CY2017Q4	cik0001567925	Investment Building And Building Improvements Net InvestmentBuildingAndBuildingImprovementsNet	1250794000	USD
CY2018Q1	cik0001567925	Investment Building And Building Improvements Net InvestmentBuildingAndBuildingImprovementsNet	1284881000	USD
CY2018Q1	cik0001567925	Line Of Credit Facility Increase In Borrowing Capacity Properties Added LineOfCreditFacilityIncreaseInBorrowingCapacityPropertiesAdded	2	property
CY2018Q1	cik0001567925	Line Of Credit Facility Increase In Current Borrowing Capacity LineOfCreditFacilityIncreaseInCurrentBorrowingCapacity	28028000	USD
CY2017Q4	cik0001567925	Longterm Lineof Credit Gross LongtermLineofCreditGross	220000000	USD
CY2018Q1	cik0001567925	Longterm Lineof Credit Gross LongtermLineofCreditGross	250000000	USD
CY2017Q4	cik0001567925	Notes Payable Gross NotesPayableGross	468135000	USD
CY2018Q1	cik0001567925	Notes Payable Gross NotesPayableGross	468050000	USD
CY2018Q1	cik0001567925	Number Of Metropolitan Statistical Areas In Which Company Owns Rental Property NumberOfMetropolitanStatisticalAreasInWhichCompanyOwnsRentalProperty	38	metropolitan
CY2018Q1	cik0001567925	Number Of Real Estate Investments NumberOfRealEstateInvestments	54	real_estate_investment
CY2017Q1	cik0001567925	Paymentsfor Capitalized Acquisition Costsand Fees Prior Acquisition PaymentsforCapitalizedAcquisitionCostsandFeesPriorAcquisition	44000	USD
CY2018Q1	cik0001567925	Paymentsfor Capitalized Acquisition Costsand Fees Prior Acquisition PaymentsforCapitalizedAcquisitionCostsandFeesPriorAcquisition	0	USD
CY2018Q1	cik0001567925	Period Of Notice Required For Changes To Share Repurchase Program PeriodOfNoticeRequiredForChangesToShareRepurchaseProgram	P30D
CY2018Q1	cik0001567925	Share Repurchase Program Percentageof Outstanding Common Stock Maximum ShareRepurchaseProgramPercentageofOutstandingCommonStockMaximum	0.05
CY2018Q1	dei	Amendment Flag AmendmentFlag	false
CY2018Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2018Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2018Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2018
CY2018Q1	dei	Document Period End Date DocumentPeriodEndDate	2018-03-31
CY2018Q1	dei	Document Type DocumentType	10-Q
CY2018Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001567925
CY2018Q1	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2018Q1	dei	Entity Registrant Name EntityRegistrantName	Carter Validus Mission Critical REIT II, Inc.
CY2017Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	27709000	USD
CY2018Q1	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	28063000	USD
CY2017Q4	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	13220000	USD
CY2018Q1	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	10836000	USD
CY2017Q4	us-gaap	Accounts Payable Related Parties Current And Noncurrent AccountsPayableRelatedPartiesCurrentAndNoncurrent	15249000	USD
CY2018Q1	us-gaap	Accounts Payable Related Parties Current And Noncurrent AccountsPayableRelatedPartiesCurrentAndNoncurrent	14882000	USD
CY2017Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	4916000	USD
CY2018Q1	us-gaap	Accounts Receivable Net AccountsReceivableNet	5572000	USD
CY2017Q4	us-gaap	Accumulated Amortization Of Debt Issuance Costs Line Of Credit Arrangements AccumulatedAmortizationOfDebtIssuanceCostsLineOfCreditArrangements	3426000	USD
CY2018Q1	us-gaap	Accumulated Amortization Of Debt Issuance Costs Line Of Credit Arrangements AccumulatedAmortizationOfDebtIssuanceCostsLineOfCreditArrangements	3874000	USD
CY2017Q4	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	99309000	USD
CY2018Q1	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	111252000	USD
CY2017Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	3710000	USD
CY2018Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	8285000	USD
CY2017	us-gaap	Acquired Finite Lived Intangible Assets Weighted Average Useful Life AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife	P11Y2M12D
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CY2018Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	1117391000	USD
CY2018Q1	us-gaap	Adjustments To Additional Paid In Capital Stock Issued Issuance Costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts	1032000	USD
CY2017Q1	us-gaap	Amortization Of Below Market Lease AmortizationOfBelowMarketLease	134000	USD
CY2018Q1	us-gaap	Amortization Of Below Market Lease AmortizationOfBelowMarketLease	1221000	USD
CY2017Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	561000	USD
CY2018Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	756000	USD
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CY2017Q1	us-gaap	Asset Management Costs AssetManagementCosts	2006000	USD
CY2018Q1	us-gaap	Asset Management Costs AssetManagementCosts	3099000	USD
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CY2018Q1	us-gaap	Assets Assets	1832083000	USD
CY2017Q4	us-gaap	Below Market Lease Accumulated Amortization BelowMarketLeaseAccumulatedAmortization	2760000	USD
CY2018Q1	us-gaap	Below Market Lease Accumulated Amortization BelowMarketLeaseAccumulatedAmortization	3981000	USD
CY2017Q4	us-gaap	Below Market Lease Net BelowMarketLeaseNet	61294000	USD
CY2018Q1	us-gaap	Below Market Lease Net BelowMarketLeaseNet	60073000	USD
CY2018Q1	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets	52087000	USD
CY2018Q1	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Buildings BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildings	42450000	USD
CY2018Q1	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Land BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand	3703000	USD
CY2017Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	0	USD
CY2018Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	1268000	USD
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CY2017Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	64414000	USD
CY2017Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	74803000	USD
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CY2017Q4	us-gaap	Land Land	223277000	USD
CY2018Q1	us-gaap	Land Land	226980000	USD
CY2017Q4	us-gaap	Liabilities Liabilities	787393000	USD
CY2018Q1	us-gaap	Liabilities Liabilities	816377000	USD
CY2017Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1777944000	USD
CY2018Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1832083000	USD
CY2017Q4	us-gaap	Line Of Credit LineOfCredit	219399000	USD
CY2018Q1	us-gaap	Line Of Credit LineOfCredit	249474000	USD
CY2018Q1	us-gaap	Line Of Credit Facility Current Borrowing Capacity LineOfCreditFacilityCurrentBorrowingCapacity	425000000	USD
CY2018Q1	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	427371000	USD
CY2018Q1	us-gaap	Line Of Credit Facility Remaining Borrowing Capacity LineOfCreditFacilityRemainingBorrowingCapacity	175000000	USD
CY2017Q4	us-gaap	Long Term Debt LongTermDebt	683141000	USD
CY2018Q1	us-gaap	Long Term Debt LongTermDebt	713359000	USD
CY2018Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive	141141000	USD
CY2018Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	164847000	USD
CY2018Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	155118000	USD
CY2018Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	4635000	USD
CY2018Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	101971000	USD
CY2018Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	150338000	USD
CY2018Q1	us-gaap	Loss Contingency Pending Claims Number LossContingencyPendingClaimsNumber	0	case
CY2017Q4	us-gaap	Minority Interest MinorityInterest	2000	USD
CY2018Q1	us-gaap	Minority Interest MinorityInterest	2000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	169574000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	42521000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-168357000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-57942000	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	12769000	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	19293000	USD
CY2017Q1	us-gaap	Net Income Loss NetIncomeLoss	4791000	USD
CY2018Q1	us-gaap	Net Income Loss NetIncomeLoss	7504000	USD
CY2017Q1	us-gaap	Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1 NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1	815000	USD
CY2018Q1	us-gaap	Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1 NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1	0	USD
CY2017Q4	us-gaap	Notes Payable NotesPayable	463742000	USD
CY2018Q1	us-gaap	Notes Payable NotesPayable	463885000	USD
CY2018Q1	us-gaap	Number Of Businesses Acquired NumberOfBusinessesAcquired	2	real_estate_investment
CY2018Q1	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	72	property
CY2018Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2	segment
CY2017Q1	us-gaap	Operating Expenses OperatingExpenses	15467000	USD
CY2018Q1	us-gaap	Operating Expenses OperatingExpenses	26049000	USD
CY2017Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	8555000	USD
CY2018Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	15246000	USD
CY2018Q1	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	3769000	USD
CY2018Q1	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	132000	USD
CY2018Q1	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	132000	USD
CY2018Q1	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	132000	USD
CY2018Q1	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	132000	USD
CY2018Q1	us-gaap	Operating Leases Future Minimum Payments Due Thereafter OperatingLeasesFutureMinimumPaymentsDueThereafter	3142000	USD
CY2018Q1	us-gaap	Operating Leases Future Minimum Payments Receivable OperatingLeasesFutureMinimumPaymentsReceivable	1617581000	USD
CY2018Q1	us-gaap	Operating Leases Future Minimum Payments Receivable In Five Years OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears	126697000	USD
CY2018Q1	us-gaap	Operating Leases Future Minimum Payments Receivable In Four Years OperatingLeasesFutureMinimumPaymentsReceivableInFourYears	131373000	USD
CY2018Q1	us-gaap	Operating Leases Future Minimum Payments Receivable In Three Years OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears	129352000	USD
CY2018Q1	us-gaap	Operating Leases Future Minimum Payments Receivable In Two Years OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears	129861000	USD
CY2018Q1	us-gaap	Operating Leases Future Minimum Payments Receivable Remainder Of Fiscal Year OperatingLeasesFutureMinimumPaymentsReceivableRemainderOfFiscalYear	95993000	USD
CY2018Q1	us-gaap	Operating Leases Future Minimum Payments Receivable Thereafter OperatingLeasesFutureMinimumPaymentsReceivableThereafter	1004305000	USD
CY2018Q1	us-gaap	Operating Leases Future Minimum Payments Remainder Of Fiscal Year OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear	99000	USD
CY2017Q1	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	19682000	USD
CY2018Q1	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	35695000	USD
CY2017Q1	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	768000	USD
CY2018Q1	us-gaap	Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax	4575000	USD
CY2018Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	4575000	USD
CY2017Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	768000	USD
CY2018Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	4575000	USD
CY2017Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	8108000	USD
CY2018Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	5755000	USD
CY2017Q1	us-gaap	Payments For Proceeds From Deposits On Real Estate Acquisitions PaymentsForProceedsFromDepositsOnRealEstateAcquisitions	3330000	USD
CY2018Q1	us-gaap	Payments For Proceeds From Deposits On Real Estate Acquisitions PaymentsForProceedsFromDepositsOnRealEstateAcquisitions	100000	USD
CY2017Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	2185000	USD
CY2018Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	8420000	USD
CY2017Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	5977000	USD
CY2018Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	9333000	USD
CY2017Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	526000	USD
CY2018Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	65000	USD
CY2017Q1	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	6661000	USD
CY2018Q1	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	3672000	USD
CY2017Q1	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	156875000	USD
CY2018Q1	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	52087000	USD
CY2017Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2018Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2017Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
CY2018Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
CY2017Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2018Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2017Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2018Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2017Q4	us-gaap	Preferred Stock Value PreferredStockValue		USD
CY2018Q1	us-gaap	Preferred Stock Value PreferredStockValue		USD
CY2017Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	47182000	USD
CY2018Q1	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	56648000	USD
CY2017Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	6117000	USD
CY2018Q1	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	5423000	USD
CY2017Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	69923000	USD
CY2018Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	34096000	USD
CY2017Q1	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	120000000	USD
CY2018Q1	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	30000000	USD
CY2017Q1	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	25000000	USD
CY2018Q1	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	0	USD
CY2017Q1	us-gaap	Profit Loss ProfitLoss	4791000	USD
CY2018Q1	us-gaap	Profit Loss ProfitLoss	7504000	USD
CY2017Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	45789000	USD
CY2018Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	54926000	USD
CY2017Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	1505405000	USD
CY2018Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	1546907000	USD
CY2017Q1	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	30000000	USD
CY2018Q1	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	0	USD
CY2017Q1	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	0	USD
CY2018Q1	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	85000	USD
CY2016Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	6463000	USD
CY2017Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	6481000	USD
CY2017Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	10944000	USD
CY2018Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	12885000	USD
CY2017Q1	us-gaap	Revenues Revenues	24022000	USD
CY2018Q1	us-gaap	Revenues Revenues	41295000	USD
CY2017Q1	us-gaap	Share Based Compensation ShareBasedCompensation	17000	USD
CY2018Q1	us-gaap	Share Based Compensation ShareBasedCompensation	22000	USD
CY2017Q1	us-gaap	Stock Issued During Period Value Dividend Reinvestment Plan StockIssuedDuringPeriodValueDividendReinvestmentPlan	7001000	USD
CY2018Q1	us-gaap	Stock Issued During Period Value Dividend Reinvestment Plan StockIssuedDuringPeriodValueDividendReinvestmentPlan	9920000	USD
CY2018Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	34096000	USD
CY2018Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	22000	USD
CY2018Q1	us-gaap	Stock Redeemed Or Called During Period Value StockRedeemedOrCalledDuringPeriodValue	8420000	USD
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	990549000	USD
CY2018Q1	us-gaap	Stockholders Equity StockholdersEquity	1015704000	USD
CY2017Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	990551000	USD
CY2018Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1015706000	USD
CY2017Q1	us-gaap	Straight Line Rent StraightLineRent	2232000	USD
CY2018Q1	us-gaap	Straight Line Rent StraightLineRent	3311000	USD
CY2017Q4	us-gaap	Taxes Payable Current And Noncurrent TaxesPayableCurrentAndNoncurrent	1532000	USD
CY2018Q1	us-gaap	Taxes Payable Current And Noncurrent TaxesPayableCurrentAndNoncurrent	2579000	USD
CY2017Q1	us-gaap	Tenant Reimbursements TenantReimbursements	4340000	USD
CY2018Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	126401940	shares
CY2017Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	86482927	shares
CY2018Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	126384346	shares
CY2018Q1	us-gaap	Tenant Reimbursements TenantReimbursements	5600000	USD
CY2017Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	17000	shares
CY2018Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	18000	shares
CY2017Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	86499543	shares
CY2018Q1	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:0px;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:italic;font-weight:bold;">Concentration of Credit Risk and Significant Leases</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">As of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">March 31, 2018</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">, the Company had cash on deposit, including restricted cash, in certain financial institutions that had deposits in excess of current federally insured levels; however, the Company has not experienced any losses in such accounts. The Company limits its cash investments to financial institutions with high credit standing; therefore, the Company believes it is not exposed to any significant credit risk on its cash deposits. To date, the Company has experienced no loss or lack of access to cash in its accounts. </font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">As of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">March 31, 2018</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">, the Company owned real estate investments in </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">38</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;"> MSAs, </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">two</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;"> of which accounted for 10.0% or more of contractual rental revenue. Real estate investments located in the</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;"> Atlanta-Sandy Springs-Roswell, Georgia MSA and the Oklahoma City, Oklahoma MSA </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">accounted for </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">16.1%</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;"> and </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">10.1%</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">, respectively, of contractual rental revenue for the </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">three months</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;"> ended </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">March 31, 2018</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">.</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">As of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">March 31, 2018</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">, the Company had </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">no</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;"> exposure to tenant concentration that accounted for 10.0% or more of contractual rental revenue for the </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">three months</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;"> ended </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">March 31, 2018</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">.</font></div></div>
CY2018Q1	us-gaap	Nature Of Operations NatureOfOperations	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:0px;padding-top:18px;text-align:left;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-weight:bold;">Organization and Business Operations</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:bold;text-decoration:none;"> </font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">Carter Validus Mission Critical REIT II, Inc., or the Company, is a Maryland corporation that was formed on January 11, 2013. The Company has elected to be taxed as a real estate investment trust, or a REIT, under the Internal Revenue Code of 1986, as amended, for federal income tax purposes. Substantially all of the Company’s business is conducted through Carter Validus Operating Partnership II, LP, a Delaware limited partnership, or the Operating Partnership, formed on January 10, 2013. The Company is the sole general partner of the Operating Partnership and Carter Validus Advisors II, LLC, or the Advisor, is the special limited partner of the Operating Partnership. </font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">The Company commenced the initial public offering of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">$2,350,000,000</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;"> in shares of common stock, or the Initial Offering, consisting of up to </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">$2,250,000,000</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;"> in shares in its primary offering and up to </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">$100,000,000</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;"> in shares of common stock to be made available pursuant to the Company’s distribution reinvestment plan, or the DRIP. The Company ceased offering shares of common stock pursuant to the Initial Offering on November 24, 2017. At the completion of the Initial Offering, the Company had accepted investors' subscriptions for and issued approximately </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">125,095,000</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;"> shares of Class A, Class I and Class T common stock, including shares of common stock issued pursuant to the DRIP, resulting in gross proceeds of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">$1,223,803,000</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">. </font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">During the year ended December 31, 2017, the Company filed a Registration Statement on Form S-3 to register </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">10,893,246</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;"> shares of common stock under the DRIP for a proposed maximum offering price of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">$100,000,000</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;"> in shares of common stock, or the DRIP Offering. On November 27, 2017, the Company commenced its follow-on offering of up to </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">$1,000,000,000</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;"> in shares of common stock, or the Offering, and collectively with the Initial Offering and the DRIP Offering, the Offerings. The Company will continue to issue shares of common stock under the DRIP Offering until such time as the Company sells all of the shares registered for sale under the DRIP Offering, unless the Company files a new registration statement with the U.S. Securities and Exchange Commission, or the SEC, or the DRIP Offering is terminated by the Company's board of directors. </font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">As of March 14, 2018, the Company ceased offering shares of Class T common stock in the Offering. Commencing March 15, 2018, the Company is offering, in any combination with a dollar value up to the maximum offering amount, Class A shares of common stock at a price of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">$10.200</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;"> per share, Class I shares of common stock at a price of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">$9.273</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;"> per share, and Class T2 shares of common stock at a price of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">$9.714</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;"> per share. The offering prices are based on the most recent estimated per share net asset value of each of the Class A common stock, Class I common stock and Class T common stock, and any applicable per share upfront selling commissions and dealer manager fees. </font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">As of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">March 31, 2018</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">, the Company had issued approximately </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">131,171,000</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;"> shares of Class A, Class I, Class T and Class T2 common stock in the Offerings, resulting in receipt of gross proceeds of approximately </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">$1,281,654,000</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">, before share repurchases of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">$29,004,000</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">, selling commissions and dealer manager fees of approximately </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">$93,587,000</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;"> and other offering costs of approximately </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">$24,389,000</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">.</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">Substantially all of the Company’s business is managed by the Advisor. Carter Validus Real Estate Management Services II, LLC, or the Property Manager, an affiliate of the Advisor, serves as the Company’s property manager. The Advisor and the Property Manager have received, and will continue to receive, fees for services related to the acquisition and operational stages. The Advisor will also be eligible to receive fees during the liquidation stage. SC Distributors, LLC, an affiliate of the Advisor, or the Dealer Manager, serves as the dealer manager of the Offering. The Dealer Manager has received, and will continue to receive, fees for services related to the Initial Offering and the Offering.</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">The Company was formed to invest primarily in quality income-producing commercial real estate, with a focus on data centers and healthcare properties, preferably with long-term net leases to creditworthy tenants, as well as to make other real estate-related investments that relate to such property types, which may include equity or debt interests, including securities, in other real estate entities. The Company also may originate or invest in real estate-related notes receivable. As of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">March 31, 2018</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">, the Company owned </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">54</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;"> real estate investments, consisting of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">72</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;"> properties. </font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">Except as the context otherwise requires, “we,” “our,” “us,” and the “Company” refer to Carter Validus Mission Critical REIT II, Inc., the Operating Partnership and all wholly-owned subsidiaries.</font></div></div>
CY2018Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:0px;padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">The preparation of the </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">condensed consolidated</font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;"> financial statements and accompanying notes in conformity with GAAP requires the Company to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. These estimates are made and evaluated on an ongoing basis using information that is currently available as well as various other assumptions believed to be reasonable under the circumstances. Actual results could differ from those estimates.</font></div></div>

Files In Submission

Name	View Source	Status
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0001567925-18-000048-index.html	Edgar Link	pending
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a2018q110qexhibit311reitii.htm	Edgar Link	pending
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$SILA
Sila Realty Trust, Inc. Stock $sila

2018 Q1 Form 10-Q Financial Statement

#000156792518000048 Filed on May 10, 2018

Income Statement

Balance Sheet

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$SILA Sila Realty Trust, Inc. Stock $sila

2018 Q1 Form 10-Q Financial Statement

#000156792518000048 Filed on May 10, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SILA
Sila Realty Trust, Inc. Stock $sila