2013 Q3 Form 10-Q Financial Statement
#000138713113004343 Filed on November 14, 2013
Income Statement
Concept | 2013 Q3 | 2012 Q3 | 2011 Q4 |
---|---|---|---|
Revenue | $4.344M | ||
YoY Change | 29.91% | ||
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 | $1.178M | ||
YoY Change | 18.3% | ||
% of Gross Profit | |||
Operating Expenses | $3.592M | ||
YoY Change | 18.75% | ||
Operating Profit | |||
YoY Change | |||
Interest Expense | |||
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | |||
YoY Change | |||
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | |||
YoY Change | |||
Net Earnings / Revenue | |||
Basic Earnings Per Share | |||
Diluted Earnings Per Share | |||
COMMON SHARES | |||
Basic Shares Outstanding | 16.21M shares | 15.30M shares | 15.29M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2013 Q3 | 2012 Q3 | 2011 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | |||
YoY Change | |||
Cash & Equivalents | $3.933M | $4.872M | |
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 | $161.7M | ||
YoY Change | 21.25% | ||
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 | $70.94M | ||
YoY Change | 32.45% | ||
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$47.78M | ||
YoY Change | 52.62% | ||
Common Stock | $130.4M | ||
YoY Change | 24.85% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $90.71M | ||
YoY Change | |||
Total Liabilities & Shareholders Equity | $172.2M | $161.7M | |
YoY Change | 17.2% | 21.25% |
Cashflow Statement
Concept | 2013 Q3 | 2012 Q3 | 2011 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | |||
YoY Change | |||
Depreciation, Depletion And Amortization | $1.178M | ||
YoY Change | 18.3% | ||
Cash From Operating Activities | |||
YoY Change | |||
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | |||
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | |||
YoY Change | |||
NET CHANGE | |||
Cash From Operating Activities | |||
Cash From Investing Activities | |||
Cash From Financing Activities | |||
Net Change In Cash | |||
YoY Change | |||
FREE CASH FLOW | |||
Cash From Operating Activities | |||
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
434823 | USD | |
us-gaap |
Other Income
OtherIncome
|
-3050129 | USD | |
netr |
Net Loss Before Noncontrolling Interests
NetLossBeforeNoncontrollingInterests
|
-1041828 | USD | |
us-gaap |
Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
339422 | USD | |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
15435746 | shares | |
us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-1381250 | USD | |
CY2013Q3 | us-gaap |
Other Income
OtherIncome
|
-2561535 | USD |
CY2012Q3 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-376418 | USD |
CY2013Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
16210755 | shares |
CY2013Q3 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-2220087 | USD |
CY2012Q3 | netr |
Net Loss Before Noncontrolling Interests
NetLossBeforeNoncontrollingInterests
|
-237350 | USD |
CY2012Q3 | us-gaap |
Other Income
OtherIncome
|
-1136518 | USD |
CY2012Q3 | us-gaap |
Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
139068 | USD |
netr |
Net Loss Before Noncontrolling Interests
NetLossBeforeNoncontrollingInterests
|
-1794174 | USD | |
us-gaap |
Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
875264 | USD | |
us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-2669438 | USD | |
CY2012Q3 | us-gaap |
Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
|
81695 | USD |
us-gaap |
Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
|
180770 | USD | |
us-gaap |
Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
|
1026371 | USD | |
CY2013Q3 | us-gaap |
Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
|
169460 | USD |
CY2013Q3 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
1500000 | USD |
CY2012Q3 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
358000 | USD |
CY2012Q3 | netr |
Gain On Dissolution Of Partnership Interests
GainOnDissolutionOfPartnershipInterests
|
285247 | USD |
CY2013Q3 | netr |
Gain On Dissolution Of Partnership Interests
GainOnDissolutionOfPartnershipInterests
|
0 | USD |
netr |
Gain On Dissolution Of Partnership Interests
GainOnDissolutionOfPartnershipInterests
|
0 | USD | |
netr |
Gain On Dissolution Of Partnership Interests
GainOnDissolutionOfPartnershipInterests
|
285247 | USD | |
CY2013Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.14 | |
CY2012Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.02 | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.16 | ||
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.09 | ||
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
1026371 | USD | |
us-gaap |
Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
|
-49908 | USD | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
875264 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
124080 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
83560 | USD | |
us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
5321059 | USD | |
us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
8450159 | USD | |
us-gaap |
Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
|
-26284654 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
3527122 | USD | |
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
180770 | USD | |
us-gaap |
Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
|
-63078 | USD | |
us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
21052518 | USD | |
us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
6503816 | USD | |
us-gaap |
Proceeds From Repayments Of Secured Debt
ProceedsFromRepaymentsOfSecuredDebt
|
-4076843 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
3166063 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
3857943 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
3128998 | USD | |
us-gaap |
Stock Issued1
StockIssued1
|
3036195 | USD | |
us-gaap |
Stock Issued1
StockIssued1
|
2010605 | USD | |
netr |
Accrual Of Dividends Payable
AccrualOfDividendsPayable
|
1204753 | USD | |
netr |
Accrual Of Dividends Payable
AccrualOfDividendsPayable
|
1104427 | USD | |
CY2011Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
4872081 | USD |
CY2012Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
3933288 | USD |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
23052635 | USD | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
16122341 | USD | |
us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
390342 | USD | |
us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
365056 | USD | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
339422 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
22450 | USD | |
CY2013Q3 | us-gaap |
Business Acquisition Cost Of Acquired Entity Equity Interests Issued And Issuable
BusinessAcquisitionCostOfAcquiredEntityEquityInterestsIssuedAndIssuable
|
1900000 | USD |
netr |
Stock Repurchased Related Party During Period Value
StockRepurchasedRelatedPartyDuringPeriodValue
|
0 | USD | |
netr |
Stock Repurchased Related Party During Period Value
StockRepurchasedRelatedPartyDuringPeriodValue
|
155904 | USD | |
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
324472 | USD | |
netr |
Depreciation Amortization And Amortization Of Above Market Rents
DepreciationAmortizationAndAmortizationOfAboveMarketRents
|
3660692 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-938793 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
15660 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
34172 | USD | |
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-127142 | USD | |
us-gaap |
Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
|
0 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-2135354 | USD | |
us-gaap |
Payments For Tenant Improvements
PaymentsForTenantImprovements
|
872074 | USD | |
us-gaap |
Payments For Tenant Improvements
PaymentsForTenantImprovements
|
2286807 | USD | |
us-gaap |
Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
|
111866 | USD | |
netr |
Depreciation Amortization And Amortization Of Above Market Rents
DepreciationAmortizationAndAmortizationOfAboveMarketRents
|
4057956 | USD | |
netr |
Contributions Received Distributed In Excess Of Distributions Of Noncontrolling Interests
ContributionsReceivedDistributedInExcessOfDistributionsOfNoncontrollingInterests
|
-2075547 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-15252082 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-127268 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-5145227 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
10676688 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
3137141 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
3636601 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
18895 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
0 | USD | |
netr |
Contributions Received Distributed In Excess Of Distributions Of Noncontrolling Interests
ContributionsReceivedDistributedInExcessOfDistributionsOfNoncontrollingInterests
|
-1997829 | USD | |
CY2013Q3 | netr |
Number Of Limited Partnership Subsidiaries Managing Owner
NumberOfLimitedPartnershipSubsidiariesManagingOwner
|
1 | count |
CY2013Q3 | netr |
Number Of Limited Partnership Subsidiaries General Partner
NumberOfLimitedPartnershipSubsidiariesGeneralPartner
|
5 | count |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
456000 | USD | |
CY2013Q3 | us-gaap |
Real Estate Accumulated Depreciation Depreciation Expense
RealEstateAccumulatedDepreciationDepreciationExpense
|
1118000 | USD |
CY2012Q3 | us-gaap |
Real Estate Accumulated Depreciation Depreciation Expense
RealEstateAccumulatedDepreciationDepreciationExpense
|
1011000 | USD |
CY2013Q3 | us-gaap |
Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
|
40000 | USD |
CY2012Q3 | us-gaap |
Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
|
120000 | USD |
us-gaap |
Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
|
129000 | USD | |
us-gaap |
Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
|
353000 | USD | |
CY2013Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
107000 | USD |
CY2012Q3 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
150000 | USD |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
356000 | USD | |
us-gaap |
Real Estate Accumulated Depreciation Depreciation Expense
RealEstateAccumulatedDepreciationDepreciationExpense
|
3355000 | USD | |
us-gaap |
Real Estate Accumulated Depreciation Depreciation Expense
RealEstateAccumulatedDepreciationDepreciationExpense
|
2990000 | USD | |
us-gaap |
Revenue Recognition Leases Operating
RevenueRecognitionLeasesOperating
|
<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">Annual rental revenue is recognized in rental revenues on a straight-line basis over the term of the related lease. Estimated recoveries from certain tenants for their pro rata share of real estate taxes, insurance and other operating expenses are recognized as revenues in the period the applicable expenses are incurred or as specified in the leases</font></p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">Certain of the Company's leases currently contain rental increases at specified intervals. The Company records as an asset, and includes in revenues, deferred rent receivable that will be received if the tenant makes all rent payments required through the expiration of the initial term of the lease. Deferred rent receivable in the accompanying balance sheets includes the cumulative difference between rental revenue recorded on a straight-line basis and rents received from the tenants in accordance with the lease terms. Accordingly, the Company determines, in its judgment, to what extent the deferred rent receivable applicable to each specific tenant is collectible. The Company reviews material deferred rent receivable, as it relates to straight-line rents, on a quarterly basis and takes into consideration the tenant's payment history, the financial condition of the tenant, business conditions in the industry in which the tenant operates and economic conditions in the area in which the property is located. In the event that the collectability of deferred rent with respect to any given tenant is in doubt, the Company records an increase in the allowance for uncollectible accounts or records a direct write-off of the specific rent receivable. No such reserves have been recorded as of </font><font style="font-family:Times New Roman;font-size:10pt;">September 30, 2013</font><font style="font-family:Times New Roman;font-size:10pt;"> and December 31, </font><font style="font-family:Times New Roman;font-size:10pt;">2012</font><font style="font-family:Times New Roman;font-size:10pt;">.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">The Company receives transaction fees in connection with the acquisition and lease back of model homes. These fees are recognized as an increase to model home rental income over the contractual lease period.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p> | ||
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
16186962 | shares | |
CY2013Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
16210755 | shares |
CY2012Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
15303302 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
15435746 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1381556 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1360096 | shares | |
CY2013Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
388282 | USD |
CY2013Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
157215 | USD |
CY2013Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
53591 | USD |
CY2013Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
-340564 | USD |
us-gaap |
Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
|
P14Y | ||
CY2013Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
139138 | USD |
CY2013Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
929976 | USD |
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;margin-left:0px;">Reclassifications.</font><font style="font-family:Times New Roman;font-size:12pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">Certain reclassifications have been made to prior years consolidated financial statements to conform to the current year presentation. These reclassifications had no effect on previously reported results of consolidated operations or stockholders' equity.</font></p><p style='margin-top:0pt; margin-bottom:0pt'> </p> | ||
us-gaap |
Real Estate And Accumulated Depreciation Date Acquired1
RealEstateAndAccumulatedDepreciationDateAcquired1
|
2013-05-01 | ||
CY2012Q4 | us-gaap |
Buildings And Improvements Gross
BuildingsAndImprovementsGross
|
130471526 | USD |
CY2012Q4 | us-gaap |
Tenant Improvements
TenantImprovements
|
7112494 | USD |
CY2012Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
4569854 | USD |
CY2012Q4 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
183771799 | USD |
CY2012Q4 | us-gaap |
Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
|
18133080 | USD |
CY2013Q3 | us-gaap |
Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
|
21424740 | USD |
CY2013Q3 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
181981195 | USD |
CY2013Q3 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
4569864 | USD |
CY2013Q3 | us-gaap |
Tenant Improvements
TenantImprovements
|
7297825 | USD |
CY2013Q3 | us-gaap |
Buildings And Improvements Gross
BuildingsAndImprovementsGross
|
128347781 | USD |
CY2013Q3 | us-gaap |
Land
Land
|
41765725 | USD |
CY2012Q4 | us-gaap |
Area Of Real Estate Property
AreaOfRealEstateProperty
|
80800 | sqft |
CY2013Q3 | us-gaap |
Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
|
929976 | USD |
CY2013Q3 | us-gaap |
Property Subject To Or Available For Operating Lease Accumulated Depreciation
PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation
|
3639888 | USD |
CY2012Q4 | us-gaap |
Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
|
1414993 | USD |
CY2012Q4 | us-gaap |
Property Subject To Or Available For Operating Lease Accumulated Depreciation
PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation
|
3154861 | USD |
CY2013Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
532314 | USD |
CY2013Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
4030730 | USD |
CY2013Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
17502591 | USD |
CY2013Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
10617901 | USD |
CY2013Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
7559267 | USD |
CY2013Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
|
48695483 | USD |
CY2013Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
842372 | USD |
netr |
Related Party Management Fee Rates Charged
RelatedPartyManagementFeeRatesCharged
|
0.05 | ||
us-gaap |
Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
|
113000 | USD | |
us-gaap |
Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
|
491000 | USD | |
CY2012Q1 | us-gaap |
Stock Issued During Period Shares Conversion Of Units
StockIssuedDuringPeriodSharesConversionOfUnits
|
17060 | shares |
CY2012Q1 | netr |
Partnership Interests Percentage Converted
PartnershipInterestsPercentageConverted
|
0.3 | |
CY2012Q1 | netr |
Company Ownership Interest In Partnership After Conversion
CompanyOwnershipInterestInPartnershipAfterConversion
|
0.77 | |
CY2012Q3 | us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
15000 | USD |
CY2013Q3 | us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
9000 | USD |
us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
31000 | USD | |
us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
43000 | USD | |
CY2013Q3 | netr |
Ownership Percentage Of Related Party
OwnershipPercentageOfRelatedParty
|
1 | |
us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
656000 | USD | |
CY2012 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
490000 | USD |
CY2013Q3 | us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
139000 | USD |
CY2012Q3 | us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
114000 | USD |
CY2011Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
63777 | shares |
CY2012Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
62805 | shares |
CY2013Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
136643 | shares |
CY2012 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
57016 | shares |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
76283 | shares | |
CY2012 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
|
-57577 | shares |
CY2012 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
|
-411 | shares |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
|
-784 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
|
-1661 | shares | |
us-gaap |
Dividends Cash
DividendsCash
|
3345000 | USD | |
us-gaap |
Dividends Cash
DividendsCash
|
3166000 | USD | |
CY2013Q3 | us-gaap |
Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
|
0.543 | |
us-gaap |
Dividends Preferred Stock Cash
DividendsPreferredStockCash
|
71000 | USD | |
us-gaap |
Dividends Preferred Stock Cash
DividendsPreferredStockCash
|
71000 | USD | |
CY2012Q3 | us-gaap |
Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
|
0.543 | |
CY2013Q3 | us-gaap |
Interest Income Other
InterestIncomeOther
|
1708 | USD |
CY2012Q3 | us-gaap |
Interest Income Other
InterestIncomeOther
|
286508 | USD |
us-gaap |
Interest Income Other
InterestIncomeOther
|
64089 | USD | |
us-gaap |
Interest Income Other
InterestIncomeOther
|
290474 | USD | |
CY2013Q3 | netr |
Interest Income Mortgage Loans
InterestIncomeMortgageLoans
|
14901 | USD |
CY2012Q3 | netr |
Interest Income Mortgage Loans
InterestIncomeMortgageLoans
|
21010 | USD |
netr |
Interest Income Mortgage Loans
InterestIncomeMortgageLoans
|
44215 | USD | |
netr |
Interest Income Mortgage Loans
InterestIncomeMortgageLoans
|
57533 | USD | |
us-gaap |
Owned Property Management Costs
OwnedPropertyManagementCosts
|
0 | USD | |
us-gaap |
Owned Property Management Costs
OwnedPropertyManagementCosts
|
226951 | USD | |
CY2013Q3 | us-gaap |
Owned Property Management Costs
OwnedPropertyManagementCosts
|
83811 | USD |
CY2012Q3 | us-gaap |
Owned Property Management Costs
OwnedPropertyManagementCosts
|
0 | USD |
netr |
Real Estate Acquisitions
RealEstateAcquisitions
|
21924592 | USD | |
netr |
Real Estate Acquisitions
RealEstateAcquisitions
|
7607866 | USD |