2020 Q4 Form 10-Q Financial Statement

#000143774920022782 Filed on November 05, 2020

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q3 2019 Q3
Revenue $5.540M $5.664M $7.001M
YoY Change -24.52% -19.1% -15.47%
Cost Of Revenue $2.330M $2.110M $2.530M
YoY Change -10.04% -16.6% -6.99%
Gross Profit $3.210M $3.550M $4.470M
YoY Change -32.42% -20.58% -19.6%
Gross Profit Margin 57.94% 62.68% 63.85%
Selling, General & Admin $1.760M $1.370M $1.450M
YoY Change 175.0% -5.52% 5.07%
% of Gross Profit 54.83% 38.59% 32.44%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.460M $1.627M $1.755M
YoY Change -12.57% -7.31% -22.64%
% of Gross Profit 45.48% 45.83% 39.27%
Operating Expenses $3.210M $5.102M $5.740M
YoY Change 40.17% -11.12% -16.87%
Operating Profit $0.00 -$1.552M $4.468M
YoY Change -100.0% -134.74% -19.71%
Interest Expense -$1.850M $2.144M $2.831M
YoY Change -30.45% -24.26% -13.72%
% of Operating Profit -198642237440000000.0% 63.36%
Other Income/Expense, Net -$530.0K -$1.946M $1.693M
YoY Change -214.96% -156.88%
Pretax Income -$2.220M -$1.260M $3.290M
YoY Change 1485.71% -138.3% -315.03%
Income Tax $110.0K $122.6K $338.7K
% Of Pretax Income 10.3%
Net Earnings -$2.900M -$1.748M $2.537M
YoY Change 1712.5% -168.91% -234.73%
Net Earnings / Revenue -52.35% -30.87% 36.24%
Basic Earnings Per Share -$0.20 $0.29
Diluted Earnings Per Share -$308.8K -$0.20 $0.27
COMMON SHARES
Basic Shares Outstanding 9.422M 8.923M 8.852M
Diluted Shares Outstanding 8.923M 9.275M

Balance Sheet

Concept 2020 Q4 2020 Q3 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $11.62M $10.00M $11.10M
YoY Change 11.77% -9.91% -5.93%
Cash & Equivalents $11.54M $10.01M $11.07M
Short-Term Investments $83.00K
Other Short-Term Assets $300.0K $400.0K $600.0K
YoY Change -50.0% -33.33% 20.0%
Inventory
Prepaid Expenses
Receivables $500.0K $400.0K $500.0K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $12.30M $10.80M $12.20M
YoY Change 0.0% -11.48% -3.94%
LONG-TERM ASSETS
Property, Plant & Equipment $123.2M $145.8M $153.3M
YoY Change -21.73% -4.89% -28.26%
Goodwill $2.423M $2.423M $2.423M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $44.50M $29.70M $42.60M
YoY Change 2.77% -30.28% 91.03%
Total Long-Term Assets $173.3M $181.0M $203.7M
YoY Change -16.89% -11.14% -17.49%
TOTAL ASSETS
Total Short-Term Assets $12.30M $10.80M $12.20M
Total Long-Term Assets $173.3M $181.0M $203.7M
Total Assets $185.6M $191.8M $215.9M
YoY Change -15.95% -11.16% -16.83%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.100M $5.300M $5.700M
YoY Change -10.53% -7.02% -24.0%
Accrued Expenses $2.700M $2.100M $2.900M
YoY Change -22.86% -27.59% 16.0%
Deferred Revenue
YoY Change
Short-Term Debt $7.500M $8.400M $11.60M
YoY Change -38.52% -27.59%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $15.30M $15.80M $20.20M
YoY Change -28.5% -21.78% 102.0%
LONG-TERM LIABILITIES
Long-Term Debt $120.0M $123.5M $140.0M
YoY Change -15.73% -11.79% -18.03%
Other Long-Term Liabilities $100.0K $200.0K $400.0K
YoY Change -66.67% -50.0% -66.67%
Total Long-Term Liabilities $120.1M $123.7M $140.4M
YoY Change -15.84% -11.89% -18.37%
TOTAL LIABILITIES
Total Short-Term Liabilities $15.30M $15.80M $20.20M
Total Long-Term Liabilities $120.1M $123.7M $140.4M
Total Liabilities $135.4M $139.5M $160.5M
YoY Change -17.49% -13.11% -24.5%
SHAREHOLDERS EQUITY
Retained Earnings -$121.7M -$117.8M -$112.9M
YoY Change 7.64% 4.37% -5.74%
Common Stock $156.5M $153.4M $151.6M
YoY Change 2.85% 1.16% 0.31%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $34.88M $35.63M $38.90M
YoY Change
Total Liabilities & Shareholders Equity $185.6M $191.8M $215.9M
YoY Change -15.95% -11.16% -16.84%

Cashflow Statement

Concept 2020 Q4 2020 Q3 2019 Q3
OPERATING ACTIVITIES
Net Income -$2.900M -$1.748M $2.537M
YoY Change 1712.5% -168.91% -234.73%
Depreciation, Depletion And Amortization $1.460M $1.627M $1.755M
YoY Change -12.57% -7.31% -22.64%
Cash From Operating Activities $790.0K $2.700M -$30.00K
YoY Change -43.97% -9100.0% -101.95%
INVESTING ACTIVITIES
Capital Expenditures -$320.0K -$130.0K -$520.0K
YoY Change -73.55% -75.0% 57.58%
Acquisitions
YoY Change
Other Investing Activities $5.830M $1.680M $14.36M
YoY Change -243.6% -88.3% -1442.06%
Cash From Investing Activities $5.510M $1.560M $13.84M
YoY Change -204.55% -88.73% -1081.56%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -4.770M -2.900M -14.39M
YoY Change -250.0% -79.85% 1844.59%
NET CHANGE
Cash From Operating Activities 790.0K 2.700M -30.00K
Cash From Investing Activities 5.510M 1.560M 13.84M
Cash From Financing Activities -4.770M -2.900M -14.39M
Net Change In Cash 1.530M 1.360M -580.0K
YoY Change -325.0% -334.48% -4.92%
FREE CASH FLOW
Cash From Operating Activities $790.0K $2.700M -$30.00K
Capital Expenditures -$320.0K -$130.0K -$520.0K
Free Cash Flow $1.110M $2.830M $490.0K
YoY Change -57.63% 477.55% -73.8%

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CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
55359560 USD
sqft Payments Of Extension Costs On Note Payable
PaymentsOfExtensionCostsOnNotePayable
-0 USD
us-gaap Profit Loss
ProfitLoss
-3924121 USD
us-gaap Profit Loss
ProfitLoss
914977 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4823673 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5714446 USD
us-gaap Share Based Compensation
ShareBasedCompensation
541865 USD
us-gaap Share Based Compensation
ShareBasedCompensation
809127 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
93958 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
19088 USD
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
656975 USD
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
6243819 USD
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
845674 USD
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-1013405 USD
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-48793 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
992705 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
592598 USD
sqft Amortization Of Above Market Lease
AmortizationOfAboveMarketLease
38012 USD
sqft Amortization Of Above Market Lease
AmortizationOfAboveMarketLease
42796 USD
us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
122439 USD
us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
140777 USD
us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
67732 USD
us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
-26590 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-2171813 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1709386 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-1974401 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-244791 USD
sqft Change Accrued Real Estate Taxes
ChangeAccruedRealEstateTaxes
-1014760 USD
sqft Change Accrued Real Estate Taxes
ChangeAccruedRealEstateTaxes
-817366 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2896141 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2377868 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
8996248 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
6116035 USD
us-gaap Payments For Tenant Improvements
PaymentsForTenantImprovements
2510152 USD
us-gaap Payments For Tenant Improvements
PaymentsForTenantImprovements
5182033 USD
us-gaap Payments For Leasing Costs
PaymentsForLeasingCosts
137961 USD
us-gaap Payments For Leasing Costs
PaymentsForLeasingCosts
661401 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
33810274 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
29211836 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
22165913 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
17252367 USD
sqft Proceeds From Issuance Of Mortgage Notes Payable
ProceedsFromIssuanceOfMortgageNotesPayable
13339739 USD
sqft Proceeds From Issuance Of Mortgage Notes Payable
ProceedsFromIssuanceOfMortgageNotesPayable
10667286 USD
sqft Repayments Of Secured Notes Payable
RepaymentsOfSecuredNotesPayable
32399522 USD
sqft Repayments Of Secured Notes Payable
RepaymentsOfSecuredNotesPayable
20723326 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
5224402 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
-0 USD
sqft Payments Of Extension Costs On Note Payable
PaymentsOfExtensionCostsOnNotePayable
351025 USD
us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
-0 USD
us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
16900000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
435736 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
-0 USD
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-358357 USD
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-628462 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
18000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
215206 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
-0 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
2158467 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-25447303 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-18335011 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-385249 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1295224 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
10391275 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
9776215 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
10006026 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
11071439 USD
sqft Interest Paid Preferred Stock Series B
InterestPaidPreferredStockSeriesB
0 USD
sqft Interest Paid Preferred Stock Series B
InterestPaidPreferredStockSeriesB
1859672 USD
sqft Interest Paid Mortgage Notes
InterestPaidMortgageNotes
4542959 USD
sqft Interest Paid Mortgage Notes
InterestPaidMortgageNotes
4792830 USD
us-gaap Interest Paid Net
InterestPaidNet
604679 USD
us-gaap Interest Paid Net
InterestPaidNet
0 USD
us-gaap Stock Issued1
StockIssued1
1247990 USD
us-gaap Stock Issued1
StockIssued1
0 USD
sqft Percentage Of Distributed Taxable Income To Qualify As Reit
PercentageOfDistributedTaxableIncomeToQualifyAsREIT
0.90 pure
us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><b><i>Use of Estimates. </i></b>The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the date of the financial statements, and the reported amounts of revenues and expenses during the reporting periods. Significant estimates include the allocation of purchase price paid for property acquisitions among land, building and intangible assets acquired including their useful lives; valuation of long-lived assets, and the allowance for doubtful accounts, which is based on an evaluation of the tenants’ ability to pay. Actual results <em style="font: inherit;"> may </em>differ from those estimates.</p> <p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"> </p>
CY2020Q3 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
6800000 USD
CY2019Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
5700000 USD
CY2020Q3 us-gaap Restricted Cash
RestrictedCash
3200000 USD
CY2019Q4 us-gaap Restricted Cash
RestrictedCash
4700000 USD
CY2020Q3 sqft Number Of Real Estate Properties Held For Sale
NumberOfRealEstatePropertiesHeldForSale
4 pure
CY2020Q3 sqft Real Estate Investment Property And Lease Intangibles Net
RealEstateInvestmentPropertyAndLeaseIntangiblesNet
173952000 USD
CY2020Q3 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
128 pure
CY2020Q3 us-gaap Area Of Real Estate Property
AreaOfRealEstateProperty
364834
sqft Percentage Of Square Feet In Real Estate Property
PercentageOfSquareFeetInRealEstateProperty
1 pure
sqft Real Estate Property Current Base Annual Rent
RealEstatePropertyCurrentBaseAnnualRent
3786180 USD
sqft Percentage Of Aggregate Annual Rent On Real Estate Property
PercentageOfAggregateAnnualRentOnRealEstateProperty
1 pure
CY2020Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
5321295 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4562496 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
758799 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
7631488 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
5526477 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2105011 USD
CY2020Q3 us-gaap Below Market Lease Net
BelowMarketLeaseNet
187000 USD
CY2019Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
310000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
132584 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
372484 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
202479 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
17663 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
17663 USD
CY2020Q3 sqft Finitelived Intangible Asset Expected Amortization After Year Four
FinitelivedIntangibleAssetExpectedAmortizationAfterYearFour
15926 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
758799 USD
CY2020Q3 sqft Mortgage Notes Payable Net
MortgageNotesPayableNet
123536814 USD
CY2019Q4 sqft Mortgage Notes Payable Net
MortgageNotesPayableNet
142392992 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
1581060 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
27712713 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
21494371 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
6969407 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
1602019 USD
CY2020Q3 sqft Longterm Debt Maturities Repayments Of Principal After Year Four
LongtermDebtMaturitiesRepaymentsOfPrincipalAfterYearFour
65039696 USD
CY2020Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
124399266 USD
CY2020Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000
CY2020Q3 sqft Maximum Individual Common Stock Ownership Percentage
MaximumIndividualCommonStockOwnershipPercentage
0.098 pure
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
0 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2200000 USD
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.12
CY2016 sqft Number Of Limited Partnerships In Which Company Is Sole General Partner
NumberOfLimitedPartnershipsInWhichCompanyIsSoleGeneralPartner
1 pure
CY2016Q4 sqft Number Of Limited Liability Companies
NumberOfLimitedLiabilityCompanies
4 pure
CY2016 sqft Number Of Limited Partnerships In Which Company Is Sole General Partner
NumberOfLimitedPartnershipsInWhichCompanyIsSoleGeneralPartner
1 pure
sqft Number Of Put Options Exercised
NumberOfPutOptionsExercised
2
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
59274 USD
CY2012Q1 sqft Registered Shares Of Common Stock Pursuant To Dividend Reinvestment Plan
RegisteredSharesOfCommonStockPursuantToDividendReinvestmentPlan
3000000
CY2012Q1 sqft Common Stock Percentage Of Purchase Price Per Share
CommonStockPercentageOfPurchasePricePerShare
0.95 pure
CY2012Q1 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
19.00
CY2012Q1 sqft Payment Of Sales Commission Or Dealer Manager Fee
PaymentOfSalesCommissionOrDealerManagerFee
0 USD
CY2012Q1 sqft Notice Period For Amendments To Dividend Reinvestment Plan
NoticePeriodForAmendmentsToDividendReinvestmentPlan
P30D
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
17400000 USD
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
917074
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
0
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
181000 USD
CY2019Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
193000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
542000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
809000 USD
CY2020Q3 sqft General And Administrative Expense Including Income Tax Expense Benefit
GeneralAndAdministrativeExpenseIncludingIncomeTaxExpenseBenefit
1366380 USD
CY2019Q3 sqft General And Administrative Expense Including Income Tax Expense Benefit
GeneralAndAdministrativeExpenseIncludingIncomeTaxExpenseBenefit
1451873 USD
sqft General And Administrative Expense Including Income Tax Expense Benefit
GeneralAndAdministrativeExpenseIncludingIncomeTaxExpenseBenefit
3996696 USD
sqft General And Administrative Expense Including Income Tax Expense Benefit
GeneralAndAdministrativeExpenseIncludingIncomeTaxExpenseBenefit
4632244 USD
CY2020Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1626917 USD
CY2019Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1755253 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4823673 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5714446 USD
CY2020Q3 us-gaap Interest Expense
InterestExpense
2143960 USD
CY2019Q3 us-gaap Interest Expense
InterestExpense
2830858 USD
us-gaap Interest Expense
InterestExpense
6971162 USD
us-gaap Interest Expense
InterestExpense
7867932 USD
CY2020Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-12270 USD
CY2019Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
9294 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-10865 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
19227 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
122602 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
338713 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
257602 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
611952 USD
CY2020Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
332715 USD
CY2019Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
4853186 USD
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
656975 USD
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
6243819 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
-1384468 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
2953589 USD
us-gaap Profit Loss
ProfitLoss
-3924121 USD
us-gaap Profit Loss
ProfitLoss
914977 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
8996248 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
6116035 USD
us-gaap Payments For Tenant Improvements
PaymentsForTenantImprovements
2510152 USD
us-gaap Payments For Tenant Improvements
PaymentsForTenantImprovements
5182033 USD
sqft Real Estate Acquisitions And Improvements
RealEstateAcquisitionsAndImprovements
11506400 USD
sqft Real Estate Acquisitions And Improvements
RealEstateAcquisitionsAndImprovements
11298068 USD

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