2022 Q4 Form 10-Q Financial Statement

#000143774922026936 Filed on November 10, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2021 Q3
Revenue $4.478M $4.392M $4.376M
YoY Change 3.2% 0.36% -22.73%
Cost Of Revenue $1.476M $1.434M $1.415M
YoY Change 2.19% 1.39% -32.96%
Gross Profit $3.003M $2.958M $2.962M
YoY Change 3.7% -0.13% -16.57%
Gross Profit Margin 67.05% 67.34% 67.68%
Selling, General & Admin $1.857M $1.509M $1.479M
YoY Change -0.39% 2.02% 7.98%
% of Gross Profit 61.84% 51.02% 49.95%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.491M $1.318M $1.307M
YoY Change 15.3% 0.86% -19.67%
% of Gross Profit 49.67% 44.57% 44.13%
Operating Expenses $3.348M $4.262M $4.201M
YoY Change 6.04% 1.45% -17.67%
Operating Profit -$345.7K -$1.304M -$1.239M
YoY Change 31.94% 5.23% -20.16%
Interest Expense $55.82K $1.382M $1.031M
YoY Change -105.96% 34.07% -51.92%
% of Operating Profit
Other Income/Expense, Net $220.7K -$600.1K
YoY Change -136.78% -69.17%
Pretax Income $732.5K $646.2K -$241.9K
YoY Change -167.9% -367.1% -80.8%
Income Tax $396.4K $295.0K $182.6K
% Of Pretax Income 54.11% 45.65%
Net Earnings -$780.1K -$763.8K -$851.8K
YoY Change -18.92% -10.34% -51.28%
Net Earnings / Revenue -17.42% -17.39% -19.47%
Basic Earnings Per Share -$0.11 -$0.13
Diluted Earnings Per Share -$0.07 -$64.83K -$78.63K
COMMON SHARES
Basic Shares Outstanding 12.23M 12.37M 10.51M
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q4 2022 Q3 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $17.30M $19.42M $29.42M
YoY Change 6.68% -33.99% 194.16%
Cash & Equivalents $16.50M $18.60M $27.82M
Short-Term Investments $797.7K $819.1K $1.600M
Other Short-Term Assets $619.6K $808.3K $273.6K
YoY Change 30.85% 195.45% -31.6%
Inventory
Prepaid Expenses
Receivables $67.78K $203.8K $363.1K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $17.20M $19.58M $28.45M
YoY Change 10.44% -31.18% 163.45%
LONG-TERM ASSETS
Property, Plant & Equipment $128.5M $120.1M $115.7M
YoY Change 1.61% 3.83% -20.68%
Goodwill $2.423M $2.423M $2.423M
YoY Change 0.0% 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $137.7M $136.5M $1.671M
YoY Change 8990.18% 8071.82%
Other Assets $3.533M $8.018M $11.27M
YoY Change -72.64% -28.84% -62.06%
Total Long-Term Assets $274.1M $269.0M $133.4M
YoY Change 88.26% 101.71% -26.32%
TOTAL ASSETS
Total Short-Term Assets $17.20M $19.58M $28.45M
Total Long-Term Assets $274.1M $269.0M $133.4M
Total Assets $291.4M $288.6M $161.8M
YoY Change 80.74% 78.34% -15.63%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $9.075M $9.387M $4.704M
YoY Change 97.93% 99.52% -11.24%
Accrued Expenses $1.927M $1.548M $1.590M
YoY Change -4.45% -2.68% -24.26%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $11.18M $11.11M $6.475M
YoY Change 64.88% 71.65% -59.02%
LONG-TERM LIABILITIES
Long-Term Debt $96.90M $94.14M $86.26M
YoY Change 9.05% 9.14% -30.16%
Other Long-Term Liabilities $18.24K $31.96K $86.85K
YoY Change -75.06% -63.2% -56.58%
Total Long-Term Liabilities $96.92M $94.17M $86.34M
YoY Change 8.98% 9.07% -30.2%
TOTAL LIABILITIES
Total Short-Term Liabilities $11.18M $11.11M $6.475M
Total Long-Term Liabilities $96.92M $94.17M $86.34M
Total Liabilities $108.1M $105.3M $92.82M
YoY Change 12.94% 13.43% -33.46%
SHAREHOLDERS EQUITY
Retained Earnings -$138.3M -$137.3M -$128.2M
YoY Change 5.65% 7.1% 8.82%
Common Stock $182.0M $182.2M $185.7M
YoY Change -2.39% -1.88% 21.11%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $43.83M $45.06M $57.64M
YoY Change
Total Liabilities & Shareholders Equity $291.4M $288.6M $161.8M
YoY Change 80.74% 78.34% -15.63%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2021 Q3
OPERATING ACTIVITIES
Net Income -$780.1K -$763.8K -$851.8K
YoY Change -18.92% -10.34% -51.28%
Depreciation, Depletion And Amortization $1.491M $1.318M $1.307M
YoY Change 15.3% 0.86% -19.67%
Cash From Operating Activities -$959.5K $2.348M $1.446M
YoY Change -176.76% 62.43% -46.46%
INVESTING ACTIVITIES
Capital Expenditures $167.8K -$1.107M -$789.5K
YoY Change -135.32% 40.17% 507.34%
Acquisitions
YoY Change
Other Investing Activities -$2.382M -$1.602M -$2.316M
YoY Change -81.1% -30.86% -237.88%
Cash From Investing Activities -$2.550M -$2.708M -$3.106M
YoY Change -80.5% -12.81% -299.1%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.457M -2.138M 133.2K
YoY Change -212.91% -1705.47% -104.59%
NET CHANGE
Cash From Operating Activities -959.5K 2.348M 1.446M
Cash From Investing Activities -2.550M -2.708M -3.106M
Cash From Financing Activities 1.457M -2.138M 133.2K
Net Change In Cash -2.052M -2.498M -1.527M
YoY Change -84.35% 63.57% -212.29%
FREE CASH FLOW
Cash From Operating Activities -$959.5K $2.348M $1.446M
Capital Expenditures $167.8K -$1.107M -$789.5K
Free Cash Flow -$1.127M $3.455M $2.235M
YoY Change -165.35% 54.57% -21.02%

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us-gaap Net Income Loss Available To Common Stockholders Basic
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us-gaap Net Income Loss Available To Common Stockholders Basic
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us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
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CY2022Q1 us-gaap Profit Loss
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CY2022Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
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CY2022Q1 us-gaap Noncontrolling Interest Decrease From Deconsolidation
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CY2022Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2022Q2 us-gaap Profit Loss
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418046 usd
CY2022Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
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28037 usd
CY2022Q2 us-gaap Dividends Common Stock
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CY2022Q2 us-gaap Dividends Preferred Stock
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CY2022Q2 us-gaap Noncontrolling Interest Decrease From Deconsolidation
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101767 usd
CY2022Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
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CY2022Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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CY2022Q3 us-gaap Profit Loss
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351175 usd
CY2022Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
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CY2022Q3 us-gaap Dividends Common Stock
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CY2022Q3 us-gaap Dividends Preferred Stock
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CY2022Q3 us-gaap Noncontrolling Interest Decrease From Deconsolidation
NoncontrollingInterestDecreaseFromDeconsolidation
609920 usd
CY2022Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
1198346 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
54089439 usd
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
50122581 usd
CY2021Q1 us-gaap Profit Loss
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CY2021Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
2034212 usd
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
44834500 usd
CY2021Q2 us-gaap Profit Loss
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1775736 usd
CY2021Q2 us-gaap Dividends Common Stock
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1009389 usd
CY2021Q2 us-gaap Dividends Preferred Stock
DividendsPreferredStock
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CY2021Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
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CY2021Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
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CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
65249930 usd
CY2021Q3 us-gaap Profit Loss
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CY2021Q3 us-gaap Dividends Common Stock
DividendsCommonStock
1226485 usd
CY2021Q3 us-gaap Dividends Preferred Stock
DividendsPreferredStock
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CY2021Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
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CY2021Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
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CY2021Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
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CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
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us-gaap Profit Loss
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us-gaap Profit Loss
ProfitLoss
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us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
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us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
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us-gaap Share Based Compensation
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us-gaap Share Based Compensation
ShareBasedCompensation
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us-gaap Provision For Doubtful Accounts
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us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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us-gaap Gains Losses On Sales Of Investment Real Estate
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us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
2060336 usd
us-gaap Gains Losses On Extinguishment Of Debt
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us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
10000 usd
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us-gaap Equity Securities Fv Ni Unrealized Gain Loss
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sqft Net Change In Fair Value Spac Trust Account
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us-gaap Impairment Of Real Estate
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0 usd
us-gaap Impairment Of Real Estate
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300000 usd
us-gaap Amortization Of Financing Costs
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180250 usd
us-gaap Amortization Of Financing Costs
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431806 usd
sqft Amortization Of Above Market Lease
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sqft Amortization Of Above Market Lease
AmortizationOfAboveMarketLease
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us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
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us-gaap Amortization Of Below Market Lease
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us-gaap Straight Line Rent Adjustments
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us-gaap Increase Decrease In Other Operating Assets
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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sqft Change Accrued Real Estate Taxes
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sqft Change Accrued Real Estate Taxes
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us-gaap Net Cash Provided By Used In Operating Activities
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1888302 usd
us-gaap Net Cash Provided By Used In Operating Activities
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1125004 usd
us-gaap Payments To Acquire Real Estate
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us-gaap Payments To Acquire Real Estate
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us-gaap Payments For Tenant Improvements
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us-gaap Payments For Tenant Improvements
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us-gaap Payments To Acquire Marketable Securities
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us-gaap Payments To Acquire Marketable Securities
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us-gaap Proceeds From Sale And Maturity Of Marketable Securities
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us-gaap Proceeds From Sale And Maturity Of Marketable Securities
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sqft Payments To Acquire Investments Of Spac Ipo Proceeds Into Trust Account
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134895000 usd
sqft Payments To Acquire Investments Of Spac Ipo Proceeds Into Trust Account
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us-gaap Payments For Leasing Costs
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us-gaap Proceeds From Sale Of Productive Assets
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us-gaap Net Cash Provided By Used In Investing Activities
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37278965 usd
sqft Proceeds From Issuance Of Mortgage Notes Payable
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14992425 usd
sqft Proceeds From Issuance Of Mortgage Notes Payable
ProceedsFromIssuanceOfMortgageNotesPayable
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RepaymentsOfSecuredNotesPayable
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sqft Repayments Of Secured Notes Payable
RepaymentsOfSecuredNotesPayable
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us-gaap Use Of Estimates
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<b><i>Use of Estimates</i></b>. The preparation of financial statements in accordance 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 between 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.
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
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1616398 usd
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
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us-gaap Payments Of Dividends Common Stock
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us-gaap Payments Of Dividends Common Stock
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Repayments Of Notes Payable
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us-gaap Payments Of Debt Issuance Costs
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us-gaap Payments Of Debt Issuance Costs
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sqft Proceeds From Issuance Initial Public Offering Of Spac
ProceedsFromIssuanceInitialPublicOfferingOfSPAC
132859920 usd
sqft Proceeds From Issuance Initial Public Offering Of Spac
ProceedsFromIssuanceInitialPublicOfferingOfSPAC
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sqft Spac Offering Noncontrolling Interest Adjustment
SPACOfferingNoncontrollingInterestAdjustment
609920 usd
sqft Spac Offering Noncontrolling Interest Adjustment
SPACOfferingNoncontrollingInterestAdjustment
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us-gaap Proceeds From Issuance Of Common Stock
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us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
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us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
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us-gaap Net Cash Provided By Used In Financing Activities
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3866986 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
16275379 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
14702089 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
11540917 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
18569075 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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sqft Noncash Financing Items Dividends Payable
NoncashFinancingItemsDividendsPayable
178916 usd
sqft Noncash Financing Items Dividends Payable
NoncashFinancingItemsDividendsPayable
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CY2021Q2 sqft Equity Offering Maximum Gross Proceeds
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CY2021Q3 us-gaap Amortization Of Above And Below Market Leases
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4000 usd
CY2022Q3 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
14000 usd
us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
41000 usd
us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
6000 usd
CY2022Q3 us-gaap Amortization Of Intangible Assets
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50000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
152000 usd
CY2021Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
68000 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
275000 usd
CY2022Q3 us-gaap Deferred Costs Current And Noncurrent
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1200000 usd
CY2021Q4 us-gaap Deferred Costs Current And Noncurrent
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CY2022Q3 us-gaap Operating Lease Initial Direct Cost Expense Over Term
OperatingLeaseInitialDirectCostExpenseOverTerm
94000 usd
us-gaap Operating Lease Initial Direct Cost Expense Over Term
OperatingLeaseInitialDirectCostExpenseOverTerm
283000 usd
CY2021Q3 us-gaap Operating Lease Initial Direct Cost Expense Over Term
OperatingLeaseInitialDirectCostExpenseOverTerm
85000 usd
us-gaap Operating Lease Initial Direct Cost Expense Over Term
OperatingLeaseInitialDirectCostExpenseOverTerm
257000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18600000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
14700000 usd
CY2022Q3 us-gaap Restricted Cash
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4900000 usd
CY2021Q4 us-gaap Restricted Cash
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4700000 usd
CY2022Q3 us-gaap Cash Uninsured Amount
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10700000 usd
CY2021Q4 us-gaap Cash Uninsured Amount
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7300000 usd
CY2022Q3 sqft Unamortized Deferred Stock Costs
UnamortizedDeferredStockCosts
117000 usd
CY2021Q4 sqft Unamortized Deferred Stock Costs
UnamortizedDeferredStockCosts
135000 usd
CY2022Q3 sqft Marketable Securities Cost Basis
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1000000.0 usd
CY2021Q4 sqft Marketable Securities Cost Basis
MarketableSecuritiesCostBasis
1600000 usd
CY2022Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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17107632
CY2021Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2481167
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
17107632
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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2481167
CY2022Q3 sqft Number Of States Real Estate Property Is Located
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3 pure
CY2022Q3 sqft Real Estate Investment Property And Lease Intangibles Net
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126786906 usd
CY2021Q4 sqft Real Estate Investment Property And Lease Intangibles Net
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138064936 usd
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CY2022Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4005219 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
104920 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
4110139 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3852968 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
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CY2022Q3 us-gaap Below Market Lease Net
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31963 usd
CY2021Q4 us-gaap Below Market Lease Net
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73130 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
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50091 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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17526 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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17526 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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15670 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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4107 usd
CY2022Q3 sqft Finitelived Intangible Asset Expected Amortization After Year Four
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CY2022Q3 us-gaap Finite Lived Intangible Assets Net
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104920 usd
CY2022Q3 sqft Number Of Publicly Traded Reit Ss In Which Common Shares Are Owned
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16 pure
CY2022Q3 us-gaap Investments Fair Value Disclosure
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819220 usd
CY2022Q3 us-gaap Marketable Securities
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819144 usd
CY2021Q4 sqft Number Of Publicly Traded Reit Ss In Which Common Shares Are Owned
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19 pure
CY2021Q4 us-gaap Investments Fair Value Disclosure
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1529185 usd
CY2021Q4 us-gaap Marketable Securities
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1514483 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
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2539623 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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8661693 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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CY2022Q3 sqft Longterm Debt Maturities Repayments Of Principal After Year Four
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15477226 usd
CY2022Q3 us-gaap Debt Instrument Carrying Amount
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CY2022Q3 us-gaap Preferred Stock Shares Authorized
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CY2022Q3 sqft Maximum Individual Common Stock Ownership Percentage
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3000000
CY2012Q1 sqft Common Stock Percentage Of Purchase Price Per Share
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CY2012Q1 us-gaap Shares Issued Price Per Share
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CY2012Q1 sqft Payment Of Sales Commission Or Dealer Manager Fee
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CY2012Q1 sqft Notice Period For Amendments To Dividend Reinvestment Plan
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us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
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17400000 usd
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
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CY2022Q3 us-gaap Allocated Share Based Compensation Expense
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300000 usd
us-gaap Allocated Share Based Compensation Expense
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900000 usd
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
300000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
900000 usd
CY2022Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
2600000 usd
CY2022Q3 sqft General And Administrative Expense Including Income Tax Expense Benefit
GeneralAndAdministrativeExpenseIncludingIncomeTaxExpenseBenefit
1509139 usd
CY2021Q3 sqft General And Administrative Expense Including Income Tax Expense Benefit
GeneralAndAdministrativeExpenseIncludingIncomeTaxExpenseBenefit
1479261 usd
sqft General And Administrative Expense Including Income Tax Expense Benefit
GeneralAndAdministrativeExpenseIncludingIncomeTaxExpenseBenefit
4306835 usd
sqft General And Administrative Expense Including Income Tax Expense Benefit
GeneralAndAdministrativeExpenseIncludingIncomeTaxExpenseBenefit
4361297 usd
CY2022Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1318164 usd
CY2021Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1306874 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3973582 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4104018 usd
CY2022Q3 us-gaap Interest Expense
InterestExpense
1382120 usd
CY2021Q3 us-gaap Interest Expense
InterestExpense
1030883 usd
us-gaap Interest Expense
InterestExpense
3485693 usd
us-gaap Interest Expense
InterestExpense
3822313 usd
CY2022Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
10000 usd
CY2022Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
590586 usd
CY2021Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-13886 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
757318 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-67329 usd
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
294996 usd
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
182607 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
819520 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
471506 usd
CY2022Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
1307258 usd
CY2021Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
627322 usd
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
4057527 usd
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
2060336 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
351175 usd
CY2021Q3 us-gaap Profit Loss
ProfitLoss
-424528 usd
us-gaap Profit Loss
ProfitLoss
1149411 usd
us-gaap Profit Loss
ProfitLoss
-903866 usd
us-gaap Payments For Tenant Improvements
PaymentsForTenantImprovements
1939712 usd
us-gaap Payments For Tenant Improvements
PaymentsForTenantImprovements
1122051 usd
sqft Real Estate Acquisitions And Improvements
RealEstateAcquisitionsAndImprovements
10026962 usd
sqft Real Estate Acquisitions And Improvements
RealEstateAcquisitionsAndImprovements
8880117 usd

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