2024 Q4 Form 10-Q Financial Statement
#000156792524000102 Filed on November 12, 2024
Income Statement
Concept | 2024 Q4 | 2024 Q3 | 2023 Q3 |
---|---|---|---|
Revenue | $46.12M | $48.54M | |
YoY Change | -4.99% | 3.54% | |
Cost Of Revenue | $5.823M | $5.005M | |
YoY Change | 16.34% | 54.86% | |
Gross Profit | $40.30M | $43.54M | |
YoY Change | -7.45% | -0.26% | |
Gross Profit Margin | 87.37% | 89.69% | |
Selling, General & Admin | $10.62M | $9.833M | |
YoY Change | 8.03% | ||
% of Gross Profit | 26.36% | 22.59% | |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $17.90M | $56.07M | |
YoY Change | -68.08% | ||
% of Gross Profit | 44.41% | 128.79% | |
Operating Expenses | $28.49M | $27.93M | |
YoY Change | 2.0% | ||
Operating Profit | $11.81M | $15.61M | |
YoY Change | -24.35% | ||
Interest Expense | -$4.871M | -$5.630M | |
YoY Change | -13.48% | 2.4% | |
% of Operating Profit | -41.26% | -36.07% | |
Other Income/Expense, Net | -$4.871M | -$5.629M | |
YoY Change | -13.47% | ||
Pretax Income | $11.94M | $14.98M | |
YoY Change | -20.34% | ||
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | $11.94M | $14.98M | |
YoY Change | -20.34% | 11.88% | |
Net Earnings / Revenue | 25.88% | 30.87% | |
Basic Earnings Per Share | $0.21 | $0.07 | |
Diluted Earnings Per Share | $0.21 | $0.06 | |
COMMON SHARES | |||
Basic Shares Outstanding | 55.02M shares | 55.02M shares | 227.4M shares |
Diluted Shares Outstanding | 56.08M shares | 229.3M shares |
Balance Sheet
Concept | 2024 Q4 | 2024 Q3 | 2023 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $28.61M | $14.56M | |
YoY Change | 96.43% | ||
Cash & Equivalents | $28.61M | $14.56M | |
Short-Term Investments | |||
Other Short-Term Assets | $3.412M | $4.072M | |
YoY Change | -16.21% | ||
Inventory | |||
Prepaid Expenses | |||
Receivables | $59.87M | $66.77M | |
Other Receivables | $0.00 | $0.00 | |
Total Short-Term Assets | $91.89M | $85.41M | |
YoY Change | 7.59% | ||
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.757B | $1.922B | |
YoY Change | -8.59% | ||
Goodwill | $17.70M | $20.13M | |
YoY Change | -12.06% | -12.51% | |
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $10.01M | $32.50M | |
YoY Change | -69.22% | ||
Total Long-Term Assets | $1.916B | $2.134B | |
YoY Change | -10.23% | ||
TOTAL ASSETS | |||
Total Short-Term Assets | $91.89M | $85.41M | |
Total Long-Term Assets | $1.916B | $2.134B | |
Total Assets | $2.007B | $2.219B | |
YoY Change | -9.54% | -3.09% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $14.54M | $11.75M | |
YoY Change | 23.68% | ||
Accrued Expenses | $4.180M | $2.645M | |
YoY Change | 58.03% | ||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $32.86M | $31.50M | |
YoY Change | 4.33% | ||
LONG-TERM LIABILITIES | |||
Long-Term Debt | $521.6M | $603.1M | |
YoY Change | -13.5% | ||
Other Long-Term Liabilities | $52.49M | $50.46M | |
YoY Change | 4.02% | ||
Total Long-Term Liabilities | $574.1M | $653.5M | |
YoY Change | -12.15% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $32.86M | $31.50M | |
Total Long-Term Liabilities | $574.1M | $653.5M | |
Total Liabilities | $607.0M | $685.0M | |
YoY Change | -11.39% | 0.74% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | |||
YoY Change | |||
Common Stock | $550.0K | $2.276M | |
YoY Change | -75.83% | 0.8% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $1.400B | $1.534B | |
YoY Change | |||
Total Liabilities & Shareholders Equity | $2.007B | $2.219B | |
YoY Change | -9.54% | -3.09% |
Cashflow Statement
Concept | 2024 Q4 | 2024 Q3 | 2023 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $11.94M | $14.98M | |
YoY Change | -20.34% | 11.88% | |
Depreciation, Depletion And Amortization | $17.90M | $56.07M | |
YoY Change | -68.08% | ||
Cash From Operating Activities | $29.05M | $97.84M | |
YoY Change | -70.3% | ||
INVESTING ACTIVITIES | |||
Capital Expenditures | $28.60M | $71.41M | |
YoY Change | -59.95% | ||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $14.93M | $12.39M | |
YoY Change | 20.53% | ||
Cash From Investing Activities | -$13.67M | -$59.02M | |
YoY Change | -76.84% | ||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -73.92M | -37.17M | |
YoY Change | 98.85% | ||
NET CHANGE | |||
Cash From Operating Activities | 29.05M | 97.84M | |
Cash From Investing Activities | -13.67M | -59.02M | |
Cash From Financing Activities | -73.92M | -37.17M | |
Net Change In Cash | -58.53M | 1.646M | |
YoY Change | -3655.95% | ||
FREE CASH FLOW | |||
Cash From Operating Activities | $29.05M | $97.84M | |
Capital Expenditures | $28.60M | $71.41M | |
Free Cash Flow | $455.0K | $26.43M | |
YoY Change | -98.28% |
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Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
|
792000 | usd |
CY2023Q3 | us-gaap |
Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
|
0 | usd |
us-gaap |
Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
|
1210000 | usd | |
us-gaap |
Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
|
6708000 | usd | |
CY2024Q3 | us-gaap |
Interest Expense Nonoperating
InterestExpenseNonoperating
|
5468000 | usd |
CY2024Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-4871000 | usd |
CY2023Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-5629000 | usd |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-11990000 | usd | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-16747000 | usd | |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
11935000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
14983000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
31543000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
33038000 | usd | |
CY2024Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-11370000 | usd |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
2315000 | usd |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-10617000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
1433000 | usd | |
CY2024Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
565000 | usd |
CY2023Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
17298000 | usd |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
20926000 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
34471000 | usd | |
CY2024Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
55571298 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
56859076 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
56634376 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
56748751 | shares | |
CY2024Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
56081618 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
57320665 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
57094737 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
57210977 | shares | |
CY2024Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.21 | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.26 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.55 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.58 | ||
CY2024Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.21 | |
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.26 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.55 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.58 | ||
CY2024Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.40 | |
CY2023Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.40 | |
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.20 | ||
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
1.20 | ||
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1472911000 | usd |
CY2024Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1311000 | usd |
CY2024Q3 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
22215000 | usd |
CY2024Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-11370000 | usd |
CY2024Q3 | us-gaap |
Profit Loss
ProfitLoss
|
11935000 | usd |
CY2024Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1400475000 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1494435000 | usd |
us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
9979000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3798000 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
26000 | usd | |
us-gaap |
Dividends Common Stock
DividendsCommonStock
|
68058000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-10617000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
31543000 | usd | |
CY2024Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1400475000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1535863000 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
6225000 | usd |
CY2023Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1228000 | usd |
CY2023Q3 | us-gaap |
Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
|
3382000 | usd |
CY2023Q3 | us-gaap |
Dividends Common Stock
DividendsCommonStock
|
23116000 | usd |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
2315000 | usd |
CY2023Q3 | us-gaap |
Profit Loss
ProfitLoss
|
14983000 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1534116000 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1555095000 | usd |
us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
18675000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3721000 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
6000 | usd | |
us-gaap |
Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
|
9376000 | usd | |
us-gaap |
Dividends Common Stock
DividendsCommonStock
|
68464000 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
1433000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
33038000 | usd | |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1534116000 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
31543000 | usd | |
cik0001567925 |
Depreciation And Amortization From Real Estate
DepreciationAndAmortizationFromRealEstate
|
57009000 | usd | |
cik0001567925 |
Depreciation And Amortization From Real Estate
DepreciationAndAmortizationFromRealEstate
|
55452000 | usd | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1607000 | usd | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1240000 | usd | |
us-gaap |
Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
|
978000 | usd | |
us-gaap |
Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
|
619000 | usd | |
cik0001567925 |
Other Amortization Expenses
OtherAmortizationExpenses
|
550000 | usd | |
cik0001567925 |
Other Amortization Expenses
OtherAmortizationExpenses
|
598000 | usd | |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
76000 | usd | |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
22000 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-228000 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | usd | |
us-gaap |
Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
|
1210000 | usd | |
us-gaap |
Restructuring Costs And Asset Impairment Charges
RestructuringCostsAndAssetImpairmentCharges
|
6708000 | usd | |
us-gaap |
Straight Line Rent
StraightLineRent
|
3767000 | usd | |
us-gaap |
Straight Line Rent
StraightLineRent
|
2490000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3798000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3721000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
5463000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-1063000 | usd | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
1276000 | usd | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-40000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
97267000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
97841000 | usd | |
us-gaap |
Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
|
164044000 | usd | |
us-gaap |
Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
|
69821000 | usd | |
us-gaap |
Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
|
16120000 | usd | |
us-gaap |
Payments For Construction In Process
PaymentsForConstructionInProcess
|
1100000 | usd | |
us-gaap |
Payments For Construction In Process
PaymentsForConstructionInProcess
|
1590000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-149024000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-59023000 | usd | |
us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
270000000 | usd | |
us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
50000000 | usd | |
us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
270000000 | usd | |
us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
28000000 | usd | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
2578000 | usd | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
12000 | usd | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
61000 | usd | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
10000 | usd | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
59217000 | usd | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
49774000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-121822000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-37172000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-173579000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
1646000 | usd | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
202185000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
13083000 | usd |
CY2024Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
28606000 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
14729000 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
14509000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
15751000 | usd | |
us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
9979000 | usd | |
us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
18675000 | usd | |
cik0001567925 |
Increase Decrease In Accrued Distributions To Common Shareholders
IncreaseDecreaseInAccruedDistributionsToCommonShareholders
|
-1138000 | usd | |
cik0001567925 |
Increase Decrease In Accrued Distributions To Common Shareholders
IncreaseDecreaseInAccruedDistributionsToCommonShareholders
|
15000 | usd | |
cik0001567925 |
Increase Decrease In Accrued Capital Expenditures And Other Costs Related To Investing Activities
IncreaseDecreaseInAccruedCapitalExpendituresAndOtherCostsRelatedToInvestingActivities
|
1321000 | usd | |
cik0001567925 |
Increase Decrease In Accrued Capital Expenditures And Other Costs Related To Investing Activities
IncreaseDecreaseInAccruedCapitalExpendituresAndOtherCostsRelatedToInvestingActivities
|
243000 | usd | |
cik0001567925 |
Increase Decrease In Accrued Acquisition Costs Related To Investments In Real Estate
IncreaseDecreaseInAccruedAcquisitionCostsRelatedToInvestmentsInRealEstate
|
9000 | usd | |
cik0001567925 |
Increase Decrease In Accrued Acquisition Costs Related To Investments In Real Estate
IncreaseDecreaseInAccruedAcquisitionCostsRelatedToInvestmentsInRealEstate
|
1000 | usd | |
cik0001567925 |
Increase Decrease In Accrued Costs And Fees Related To The Tender Offer
IncreaseDecreaseInAccruedCostsAndFeesRelatedToTheTenderOffer
|
613000 | usd | |
cik0001567925 |
Increase Decrease In Accrued Costs And Fees Related To The Tender Offer
IncreaseDecreaseInAccruedCostsAndFeesRelatedToTheTenderOffer
|
0 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
433000 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
0 | usd | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
Organization and Business Operations <div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Sila Realty Trust, Inc., or the Company, is a Maryland corporation, headquartered in Tampa, Florida, that has elected, and currently qualifies, to be taxed as a real estate investment trust, or a REIT, under the Internal Revenue Code of 1986, as amended, or the Code, for federal income tax purposes. The Company is primarily focused on investing in high quality healthcare facilities across the continuum of care, which the Company believes typically generate predictable, durable and growing income streams. The Company may also make other real estate-related investments, which may include equity or debt interests in other real estate entities. </span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Substantially all of the Company’s business is conducted through Sila Realty Operating Partnership, LP, a Delaware limited partnership, or the Operating Partnership. The Company is the sole general partner of the Operating Partnership and directly and indirectly owns 100% of the Operating Partnership. Except as the context otherwise requires, the “Company” refers to Sila Realty Trust, Inc., the Operating Partnership and their wholly-owned subsidiaries.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">New York Stock Exchange Listing and Reverse Stock Split</span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On June 13, 2024, the Company's common stock, par value $0.01 per share, or the Common Stock, was listed and began trading on the New York Stock Exchange, or the NYSE, under the ticker symbol "SILA", or the Listing. Upon the Listing, all outstanding shares of Class I Common Stock and Class T Common Stock were automatically converted into shares of Class A Common Stock on a one-for-one basis and authorized but unissued shares of Class I Common Stock, Class T Common Stock and Class T2 Common Stock were reclassified into additional shares of Class A Common Stock. Class A Common Stock was then immediately renamed “Common Stock” and is the sole class of stock traded on the NYSE. </span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On April 8, 2024, in anticipation of the Listing, the Company amended its charter to effect a one-for-four reverse stock split, or the Reverse Stock Split, of each issued and outstanding share of each class of Common Stock of the Company, effective May 1, 2024, and the Company also amended its charter to decrease the par value of each issued and outstanding share of the Company's Common Stock from $0.04 par value per share to $0.01 par value per share immediately after the Reverse Stock Split. In addition, equitable adjustments were made to the maximum number of shares of the Company's Common Stock that may be issued pursuant to the Company’s Amended and Restated 2014 Restricted Share Plan, or the A&R Incentive Plan, and the maximum number of shares of the Company's Common Stock that may be granted under incentive stock awards under the A&R Incentive Plan, in each case, to reflect the Reverse Stock Split. The number of shares of the Company's Common Stock subject to outstanding awards under the A&R Incentive Plan were also equitably adjusted to reflect the Reverse Stock Split. The Reverse Stock Split affected all record holders of the Company’s Common Stock uniformly and did not affect any record holder’s percentage ownership interest. The Reverse Stock Split did not affect the number of the Company’s authorized shares of Common Stock. All references made to share or per share amounts in the accompanying condensed consolidated financial statements and applicable disclosures have been retroactively adjusted as though the Reverse Stock Split had been effected prior to all periods presented.</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">"Dutch Auction" Tender Offer</span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">On June 13, 2024, in conjunction with the Listing, the Company commenced a modified "Dutch Auction" tender offer, or the Tender Offer, to purchase shares of its Common Stock for cash at a price per share of not greater than $24.00 nor less than $22.60, net to the seller in cash, less any applicable withholding taxes and without interest, for a maximum aggregate purchase price of no more than $50,000,000. The Tender Offer expired on July 19, 2024. As a result of the Tender Offer, the Company accepted for purchase 2,212,389 shares of Common Stock (which represented approximately 3.9% of the total number of shares of Common Stock outstanding as of July 19, 2024) at a purchase price of $22.60 per share, for an aggregate purchase price of approximately $50,000,000, excluding all related costs and fees. The Company incurred $2,093,000 of costs and fees related to the Tender Offer which are recorded as a reduction in equity on the accompanying condensed consolidated financial statements. The Company funded the Tender Offer and related costs and fees with its available cash.</span></div> | ||
CY2024Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2024Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.04 | |
CY2024Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2024Q3 | cik0001567925 |
Share Repurchase Program Percent Of Common Stock Outstanding
ShareRepurchaseProgramPercentOfCommonStockOutstanding
|
0.039 | |
CY2024Q3 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
50000000 | usd |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:6pt;text-indent:22.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the condensed consolidated financial statements and accompanying notes in conformity with GAAP requires the Company to make estimates and assumptions that affect the amounts reported in the condensed consolidated 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.</span></div> | ||
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
202019000 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
12917000 | usd |
CY2023Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
166000 | usd |
CY2022Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
166000 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
202185000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
13083000 | usd |
CY2024Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
28606000 | usd |
CY2023Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
14563000 | usd |
CY2024Q3 | us-gaap |
Restricted Cash
RestrictedCash
|
0 | usd |
CY2023Q3 | us-gaap |
Restricted Cash
RestrictedCash
|
166000 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
14729000 | usd |
cik0001567925 |
Number Of Real Estate Properties Acquired
NumberOfRealEstatePropertiesAcquired
|
8 | property | |
cik0001567925 |
Number Of Transactions
NumberOfTransactions
|
4 | acquisition | |
us-gaap |
Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
|
164053000 | usd | |
CY2024Q3 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Land
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand
|
8821000 | usd |
CY2024Q3 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Buildings
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildings
|
113365000 | usd |
CY2024Q3 | cik0001567925 |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Tenant Improvements
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedTenantImprovements
|
22194000 | usd |
CY2024Q3 | cik0001567925 |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed In Place Leases
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInPlaceLeases
|
19468000 | usd |
CY2024Q3 | cik0001567925 |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Right Of Use Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedRightOfUseAssets
|
638000 | usd |
CY2024Q3 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
|
164486000 | usd |
CY2024Q3 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Capital Lease Obligation
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCapitalLeaseObligation
|
433000 | usd |
CY2024Q3 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
|
433000 | usd |
CY2024Q3 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
|
164053000 | usd |
cik0001567925 |
Capitalized Acquisition Costs Additions
CapitalizedAcquisitionCostsAdditions
|
717000 | usd | |
us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
158000 | usd | |
us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
344000 | usd | |
CY2024Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
130982000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
134999000 | usd |
us-gaap |
Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
|
P7Y4M24D | ||
CY2023 | us-gaap |
Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
|
P7Y8M12D | |
CY2024Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
5266000 | usd |
CY2023Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
5424000 | usd |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
23338000 | usd | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
17630000 | usd | |
CY2024Q3 | us-gaap |
Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
|
8446000 | usd |
CY2023Q4 | us-gaap |
Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
|
7417000 | usd |
cik0001567925 |
Below Market Leases Weighted Average Remaining Life
BelowMarketLeasesWeightedAverageRemainingLife
|
P6Y3M18D | ||
CY2023 | cik0001567925 |
Below Market Leases Weighted Average Remaining Life
BelowMarketLeasesWeightedAverageRemainingLife
|
P7Y4M24D | |
CY2024Q3 | us-gaap |
Below Market Lease Net
BelowMarketLeaseNet
|
7384000 | usd |
CY2023Q4 | us-gaap |
Below Market Lease Net
BelowMarketLeaseNet
|
10452000 | usd |
CY2024Q3 | us-gaap |
Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
|
315000 | usd |
CY2023Q3 | us-gaap |
Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
|
373000 | usd |
us-gaap |
Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
|
3068000 | usd | |
us-gaap |
Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
|
1120000 | usd | |
CY2024Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
|
41341000 | usd |
CY2024Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
|
165579000 | usd |
CY2024Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
|
162301000 | usd |
CY2024Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
|
159053000 | usd |
CY2024Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
|
154680000 | usd |
CY2024Q3 | cik0001567925 |
Lessor Operating Lease Payment To Be Received After Year Four
LessorOperatingLeasePaymentToBeReceivedAfterYearFour
|
837475000 | usd |
CY2024Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
|
1520429000 | usd |
CY2024Q3 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.055 | |
CY2024Q3 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P35Y8M12D | |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
685000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
2791000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
2739000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
2705000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
2716000 | usd |
CY2024Q3 | cik0001567925 |
Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
|
106039000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
117675000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
76446000 | usd |
CY2024Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
41229000 | usd |
CY2024Q3 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
205000 | usd |
CY2023Q3 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
166000 | usd |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
624000 | usd | |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
564000 | usd | |
CY2024Q3 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
405000 | usd |
CY2023Q3 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
0 | usd |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
433000 | usd | |
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
0 | usd | |
CY2024Q3 | us-gaap |
Accumulated Amortization Of Debt Issuance Costs Line Of Credit Arrangements
AccumulatedAmortizationOfDebtIssuanceCostsLineOfCreditArrangements
|
2720000 | usd |
CY2023Q4 | us-gaap |
Accumulated Amortization Of Debt Issuance Costs Line Of Credit Arrangements
AccumulatedAmortizationOfDebtIssuanceCostsLineOfCreditArrangements
|
1917000 | usd |
CY2024Q3 | us-gaap |
Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
|
1471000 | usd |
CY2023Q4 | us-gaap |
Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
|
2271000 | usd |
CY2024Q3 | us-gaap |
Deferred Costs Leasing Accumulated Amortization
DeferredCostsLeasingAccumulatedAmortization
|
263000 | usd |
CY2023Q4 | us-gaap |
Deferred Costs Leasing Accumulated Amortization
DeferredCostsLeasingAccumulatedAmortization
|
191000 | usd |
CY2024Q3 | us-gaap |
Deferred Costs Leasing Net
DeferredCostsLeasingNet
|
1796000 | usd |
CY2023Q4 | us-gaap |
Deferred Costs Leasing Net
DeferredCostsLeasingNet
|
593000 | usd |
CY2024Q3 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
0 | usd |
CY2023Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
166000 | usd |
CY2024Q3 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
3140000 | usd |
CY2023Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
2398000 | usd |
CY2024Q3 | us-gaap |
Deferred Rent Receivables Net
DeferredRentReceivablesNet
|
56730000 | usd |
CY2023Q4 | us-gaap |
Deferred Rent Receivables Net
DeferredRentReceivablesNet
|
53248000 | usd |
CY2024Q3 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
3412000 | usd |
CY2023Q4 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
4089000 | usd |
CY2024Q3 | us-gaap |
Derivative Assets
DerivativeAssets
|
6739000 | usd |
CY2023Q4 | us-gaap |
Derivative Assets
DerivativeAssets
|
17060000 | usd |
CY2024Q3 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
73288000 | usd |
CY2023Q4 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
79825000 | usd |
CY2024Q3 | us-gaap |
Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
|
7154000 | usd |
CY2023Q4 | us-gaap |
Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
|
3906000 | usd |
CY2024Q3 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
1340000 | usd |
CY2023Q4 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
1714000 | usd |
CY2024Q3 | us-gaap |
Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
|
3817000 | usd |
CY2023Q4 | us-gaap |
Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
|
3687000 | usd |
CY2024Q3 | us-gaap |
Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
|
4180000 | usd |
CY2023Q4 | us-gaap |
Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
|
4425000 | usd |
CY2024Q3 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
7383000 | usd |
CY2023Q4 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
7782000 | usd |
CY2024Q3 | cik0001567925 |
Performance Based Deferred Stock Unit Awards Distributions Payable
PerformanceBasedDeferredStockUnitAwardsDistributionsPayable
|
401000 | usd |
CY2023Q4 | cik0001567925 |
Performance Based Deferred Stock Unit Awards Distributions Payable
PerformanceBasedDeferredStockUnitAwardsDistributionsPayable
|
1140000 | usd |
CY2024Q3 | us-gaap |
Deposit Liability Current
DepositLiabilityCurrent
|
1789000 | usd |
CY2023Q4 | us-gaap |
Deposit Liability Current
DepositLiabilityCurrent
|
877000 | usd |
CY2024Q3 | us-gaap |
Deferred Revenue
DeferredRevenue
|
9917000 | usd |
CY2023Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
6393000 | usd |
CY2024Q3 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
753000 | usd |
CY2023Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
457000 | usd |
CY2024Q3 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
36734000 | usd |
CY2023Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
30381000 | usd |
CY2024Q3 | us-gaap |
Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
|
0.0328 | |
CY2024Q3 | cik0001567925 |
Long Term Line Of Credit Gross
LongTermLineOfCreditGross
|
525000000 | usd |
CY2023Q4 | cik0001567925 |
Long Term Line Of Credit Gross
LongTermLineOfCreditGross
|
525000000 | usd |
CY2024Q3 | cik0001567925 |
Debt Issuance Costs Term Loan Of Credit Facility Net
DebtIssuanceCostsTermLoanOfCreditFacilityNet
|
3389000 | usd |
CY2023Q4 | cik0001567925 |
Debt Issuance Costs Term Loan Of Credit Facility Net
DebtIssuanceCostsTermLoanOfCreditFacilityNet
|
1847000 | usd |
CY2024Q3 | us-gaap |
Line Of Credit
LineOfCredit
|
521611000 | usd |
CY2023Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
523153000 | usd |
cik0001567925 |
Long Term Debt Extension Period
LongTermDebtExtensionPeriod
|
P1Y | ||
cik0001567925 |
Number Of Long Term Debt Extensions
NumberOfLongTermDebtExtensions
|
2 | extension | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-228000 | usd | |
CY2024Q3 | us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
20000000 | usd |
CY2024Q3 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
5000000 | usd |
CY2024Q3 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
15000000 | usd |
CY2024Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
0 | usd |
CY2024Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
0 | usd |
CY2024Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
0 | usd |
CY2024Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
250000000 | usd |
CY2024Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
275000000 | usd |
CY2024Q3 | cik0001567925 |
Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
|
0 | usd |
CY2024Q3 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
525000000 | usd |
CY2024Q3 | cik0001567925 |
Long Term Line Of Credit Gross
LongTermLineOfCreditGross
|
525000000 | usd |
CY2023Q4 | cik0001567925 |
Long Term Line Of Credit Gross
LongTermLineOfCreditGross
|
525000000 | usd |
us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
418000 | usd | |
CY2024Q2 | us-gaap |
Number Of Real Estate Properties
NumberOfRealEstateProperties
|
2 | property |
CY2023 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
20758000 | usd |
CY2024Q3 | us-gaap |
Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
|
4889000 | usd |
CY2024Q3 | us-gaap |
Interest Expense Nonoperating
InterestExpenseNonoperating
|
5468000 | usd |
CY2023Q3 | us-gaap |
Interest Expense Nonoperating
InterestExpenseNonoperating
|
5653000 | usd |
us-gaap |
Interest Expense Nonoperating
InterestExpenseNonoperating
|
15955000 | usd | |
us-gaap |
Interest Expense Nonoperating
InterestExpenseNonoperating
|
16939000 | usd | |
CY2024Q3 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
6739000 | usd |
CY2024Q3 | us-gaap |
Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
|
0 | usd |
CY2024Q3 | us-gaap |
Derivative Assets
DerivativeAssets
|
6739000 | usd |
CY2024Q3 | us-gaap |
Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
|
753000 | usd |
CY2024Q3 | us-gaap |
Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
|
0 | usd |
CY2024Q3 | us-gaap |
Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
|
5986000 | usd |
CY2023Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
17060000 | usd |
CY2023Q4 | us-gaap |
Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
|
0 | usd |
CY2023Q4 | us-gaap |
Derivative Assets
DerivativeAssets
|
17060000 | usd |
CY2023Q4 | us-gaap |
Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
|
457000 | usd |
CY2023Q4 | us-gaap |
Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
|
0 | usd |
CY2023Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
|
16603000 | usd |
CY2024Q3 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
753000 | usd |
CY2024Q3 | us-gaap |
Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
|
0 | usd |
CY2024Q3 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
753000 | usd |
CY2024Q3 | us-gaap |
Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
|
753000 | usd |
CY2024Q3 | us-gaap |
Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
|
0 | usd |
CY2024Q3 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
|
0 | usd |
CY2023Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
457000 | usd |
CY2023Q4 | us-gaap |
Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
|
0 | usd |
CY2023Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
457000 | usd |
CY2023Q4 | us-gaap |
Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
|
457000 | usd |
CY2023Q4 | us-gaap |
Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
|
0 | usd |
CY2023Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
|
0 | usd |
CY2024Q3 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
7383000 | usd |
CY2024Q3 | srt |
Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
|
1500000 | shares |
CY2024Q3 | srt |
Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
|
25000000 | usd |
CY2024Q3 | us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
|
25000000 | usd |
CY2024Q2 | us-gaap |
Stock Redeemed Or Called During Period Shares
StockRedeemedOrCalledDuringPeriodShares
|
2212389 | shares |
CY2024Q3 | cik0001567925 |
Share Repurchase Program Percent Of Common Stock Outstanding
ShareRepurchaseProgramPercentOfCommonStockOutstanding
|
0.039 | |
CY2024Q3 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
50000000 | usd |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
11935000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
14983000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
31543000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
33038000 | usd | |
CY2024Q3 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
80000 | usd |
CY2023Q3 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
74000 | usd |
us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
171000 | usd | |
us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
163000 | usd | |
CY2024Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
11855000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
14909000 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
31372000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
32875000 | usd | |
CY2024Q3 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
|
-80000 | usd |
CY2023Q3 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
|
-74000 | usd |
us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
|
-171000 | usd | |
us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
|
-163000 | usd | |
CY2024Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
11935000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
14983000 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
31543000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
33038000 | usd | |
CY2024Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
55571298 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
56859076 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
56634376 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
56748751 | shares | |
CY2024Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
56081618 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
57320665 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
57094737 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
57210977 | shares | |
CY2024Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.21 | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.26 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.55 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.58 | ||
CY2024Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.21 | |
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.26 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.55 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.58 | ||
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost
|
12000 | usd |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost
|
875000 | usd | |
CY2024Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1311000 | usd |
CY2023Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1228000 | usd |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3798000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3721000 | usd | |
CY2024Q3 | us-gaap |
Loss Contingency Pending Claims Number
LossContingencyPendingClaimsNumber
|
0 | legal_proceeding |
CY2024Q3 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q3 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q3 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2024Q3 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |