2023 Q1 Form 10-K Financial Statement
#000143774923008235 Filed on March 28, 2023
Income Statement
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
Revenue | $4.121M | $4.478M | $17.76M |
YoY Change | -9.88% | 3.2% | -7.63% |
Cost Of Revenue | $1.575M | $1.476M | $5.841M |
YoY Change | -0.54% | 2.19% | -5.53% |
Gross Profit | $2.547M | $3.003M | $11.92M |
YoY Change | -14.82% | 3.7% | -8.62% |
Gross Profit Margin | 61.79% | 67.05% | 67.12% |
Selling, General & Admin | $1.965M | $1.857M | $6.164M |
YoY Change | 24.05% | -0.39% | -0.99% |
% of Gross Profit | 77.15% | 61.84% | 51.7% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $1.334M | $1.491M | $5.465M |
YoY Change | -0.42% | 15.3% | 1.25% |
% of Gross Profit | 52.37% | 49.67% | 45.84% |
Operating Expenses | $4.873M | $3.348M | $17.47M |
YoY Change | 8.14% | 6.04% | -5.13% |
Operating Profit | -$2.327M | -$345.7K | -$5.547M |
YoY Change | 53.4% | 31.94% | 3.37% |
Interest Expense | $867.8K | $55.82K | $4.712M |
YoY Change | -14.73% | -105.96% | -2.27% |
% of Operating Profit | |||
Other Income/Expense, Net | $143.2K | $1.191M | |
YoY Change | -54.3% | -152.25% | |
Pretax Income | -$460.0K | $732.5K | $2.701M |
YoY Change | -171.27% | -167.9% | -278.78% |
Income Tax | $148.5K | $396.4K | $1.216M |
% Of Pretax Income | 54.11% | 45.01% | |
Net Earnings | -$995.5K | -$780.1K | -$2.127M |
YoY Change | 20.16% | -18.92% | -41.33% |
Net Earnings / Revenue | -24.15% | -17.42% | -11.97% |
Basic Earnings Per Share | -$0.13 | -$0.57 | |
Diluted Earnings Per Share | -$0.13 | -$0.07 | -$0.57 |
COMMON SHARES | |||
Basic Shares Outstanding | 13.08M | 12.23M | 11.75M |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $12.84M | $17.30M | $16.52M |
YoY Change | -45.29% | 6.68% | 12.34% |
Cash & Equivalents | $11.90M | $16.50M | $16.52M |
Short-Term Investments | $942.5K | $797.7K | |
Other Short-Term Assets | $449.2K | $619.6K | $619.6K |
YoY Change | -47.9% | 30.85% | 30.85% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $48.18K | $67.78K | $67.78K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $12.39M | $17.20M | $17.20M |
YoY Change | -47.45% | 10.44% | 10.44% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $132.0M | $128.5M | $128.5M |
YoY Change | 10.5% | 1.61% | 1.61% |
Goodwill | $2.423M | $2.423M | |
YoY Change | 0.0% | 0.0% | |
Intangibles | |||
YoY Change | |||
Long-Term Investments | $24.60M | $137.7M | $137.7M |
YoY Change | -81.89% | 8990.18% | 8990.18% |
Other Assets | $3.413M | $3.533M | $3.533M |
YoY Change | -59.71% | -72.64% | -72.64% |
Total Long-Term Assets | $164.6M | $274.1M | $274.1M |
YoY Change | -38.63% | 88.26% | 88.26% |
TOTAL ASSETS | |||
Total Short-Term Assets | $12.39M | $17.20M | $17.20M |
Total Long-Term Assets | $164.6M | $274.1M | $274.1M |
Total Assets | $177.0M | $291.4M | $291.4M |
YoY Change | -39.35% | 80.74% | 80.74% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $9.940M | $9.075M | $9.075M |
YoY Change | 21.45% | 97.93% | 97.93% |
Accrued Expenses | $1.173M | $1.927M | $1.927M |
YoY Change | -20.47% | -4.45% | -4.45% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $11.29M | $11.18M | $11.18M |
YoY Change | 14.77% | 64.88% | 64.88% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $99.55M | $96.90M | $96.90M |
YoY Change | 7.23% | 9.05% | 9.05% |
Other Long-Term Liabilities | $17.00K | $18.24K | $18.24K |
YoY Change | -71.39% | -75.06% | -75.06% |
Total Long-Term Liabilities | $99.57M | $96.92M | $96.92M |
YoY Change | 7.18% | 8.98% | 8.98% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $11.29M | $11.18M | $11.18M |
Total Long-Term Liabilities | $99.57M | $96.92M | $96.92M |
Total Liabilities | $110.9M | $108.1M | $117.1M |
YoY Change | 7.9% | 12.94% | 10.98% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$140.2M | -$138.3M | |
YoY Change | 4.9% | 5.65% | |
Common Stock | $180.8M | $182.0M | |
YoY Change | -1.35% | -2.39% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $40.73M | $43.83M | $174.2M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $177.0M | $291.4M | $291.4M |
YoY Change | -39.35% | 80.74% | 80.74% |
Cashflow Statement
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$995.5K | -$780.1K | -$2.127M |
YoY Change | 20.16% | -18.92% | -41.33% |
Depreciation, Depletion And Amortization | $1.334M | $1.491M | $5.465M |
YoY Change | -0.42% | 15.3% | 1.25% |
Cash From Operating Activities | -$1.628M | -$959.5K | $928.8K |
YoY Change | 66.43% | -176.76% | -60.89% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $597.9K | $167.8K | $2.108M |
YoY Change | -286.99% | -135.32% | -231.95% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $110.1M | -$2.382M | -$124.3M |
YoY Change | -190.29% | -81.1% | -581.63% |
Cash From Investing Activities | $109.6M | -$2.550M | -$126.4M |
YoY Change | -189.57% | -80.5% | -622.11% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $0.00 | ||
YoY Change | -100.0% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -$112.5M | 1.457M | $127.3M |
YoY Change | -185.86% | -212.91% | -643.43% |
NET CHANGE | |||
Cash From Operating Activities | -$1.628M | -959.5K | $928.8K |
Cash From Investing Activities | $109.6M | -2.550M | -$126.4M |
Cash From Financing Activities | -$112.5M | 1.457M | $127.3M |
Net Change In Cash | -$4.625M | -2.052M | $1.815M |
YoY Change | -159.35% | -84.35% | -42.6% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$1.628M | -$959.5K | $928.8K |
Capital Expenditures | $597.9K | $167.8K | $2.108M |
Free Cash Flow | -$2.226M | -$1.127M | -$1.179M |
YoY Change | 238.03% | -165.35% | -129.67% |
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MarketableSecuritiesGainLoss
|
39428 | usd |
CY2022 | sqft |
Nonoperating Interest And Other Income Expense
NonoperatingInterestAndOtherIncomeExpense
|
21075 | usd |
CY2021 | sqft |
Nonoperating Interest And Other Income Expense
NonoperatingInterestAndOtherIncomeExpense
|
-42845 | usd |
CY2022 | us-gaap |
Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
|
5079912 | usd |
CY2021 | us-gaap |
Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
|
2487528 | usd |
CY2022 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | usd |
CY2021 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
10000 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1215873 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-47620 | usd |
CY2022 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
1191474 | usd |
CY2021 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-2280354 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
1485528 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
-1463442 | usd |
CY2022 | us-gaap |
Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
3612647 | usd |
CY2021 | us-gaap |
Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
2162140 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2127119 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3625582 | usd |
CY2022 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
2152740 | usd |
CY2021 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
1173948 | usd |
CY2022 | us-gaap |
Warrant Down Round Feature Decrease In Net Income Loss To Common Shareholder Amount
WarrantDownRoundFeatureDecreaseInNetIncomeLossToCommonShareholderAmount
|
2456512 | usd |
CY2021 | us-gaap |
Warrant Down Round Feature Decrease In Net Income Loss To Common Shareholder Amount
WarrantDownRoundFeatureDecreaseInNetIncomeLossToCommonShareholderAmount
|
-0 | usd |
CY2022 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-6736371 | usd |
CY2021 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-4799530 | usd |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.57 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.46 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.57 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.46 | |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
11753041 | |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
10340975 | |
CY2020Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
50122581 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
-1463442 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
8871879 | usd |
CY2021 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
7588197 | usd |
CY2021 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
110631 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
807974 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
65482620 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
1485528 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
1888993 | usd |
CY2022 | us-gaap |
Noncontrolling Interest Decrease From Deconsolidation
NoncontrollingInterestDecreaseFromDeconsolidation
|
4023113 | usd |
CY2022 | us-gaap |
Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
|
1876183 | usd |
CY2022 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
4412046 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
52843072 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
1485528 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
-1463442 | usd |
CY2022 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
5465015 | usd |
CY2021 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
5397498 | usd |
CY2022 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1204106 | usd |
CY2021 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1614228 | usd |
CY2022 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
73055 | usd |
CY2021 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
164623 | usd |
CY2022 | us-gaap |
Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
|
5079912 | usd |
CY2021 | us-gaap |
Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
|
2487528 | usd |
CY2022 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-0 | usd |
CY2021 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
10000 | usd |
CY2022 | us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
42664 | usd |
CY2021 | us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
39429 | usd |
CY2022 | sqft |
Net Change In Fair Value Spac Trust Account
NetChangeInFairValueSPACTrustAccount
|
-1976183 | usd |
CY2021 | sqft |
Net Change In Fair Value Spac Trust Account
NetChangeInFairValueSPACTrustAccount
|
0 | usd |
CY2022 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
0 | usd |
CY2021 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
608000 | usd |
CY2022 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
240090 | usd |
CY2021 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
479853 | usd |
CY2022 | sqft |
Amortization Of Above Market Lease
AmortizationOfAboveMarketLease
|
0 | usd |
CY2021 | sqft |
Amortization Of Above Market Lease
AmortizationOfAboveMarketLease
|
42064 | usd |
CY2022 | us-gaap |
Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
|
54890 | usd |
CY2021 | us-gaap |
Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
|
60203 | usd |
CY2022 | us-gaap |
Straight Line Rent Adjustments
StraightLineRentAdjustments
|
-252759 | usd |
CY2021 | us-gaap |
Straight Line Rent Adjustments
StraightLineRentAdjustments
|
-231577 | usd |
CY2022 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-1050221 | usd |
CY2021 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-190354 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-1121752 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-1221725 | usd |
CY2022 | sqft |
Change Accrued Real Estate Taxes
ChangeAccruedRealEstateTaxes
|
-61038 | usd |
CY2021 | sqft |
Change Accrued Real Estate Taxes
ChangeAccruedRealEstateTaxes
|
-607773 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
928817 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
2374943 | usd |
CY2022 | us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
15673575 | usd |
CY2021 | us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
22224826 | usd |
CY2022 | us-gaap |
Payments For Tenant Improvements
PaymentsForTenantImprovements
|
2107505 | usd |
CY2021 | us-gaap |
Payments For Tenant Improvements
PaymentsForTenantImprovements
|
1597186 | usd |
CY2022 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
1762095 | usd |
CY2021 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
3819882 | usd |
CY2022 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
2363063 | usd |
CY2021 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
2380476 | usd |
CY2022 | sqft |
Payments To Acquire Investments Of Spac Ipo Proceeds Into Trust Account
PaymentsToAcquireInvestmentsOfSpacIpoProceedsIntoTrustAccount
|
134895000 | usd |
CY2021 | sqft |
Payments To Acquire Investments Of Spac Ipo Proceeds Into Trust Account
PaymentsToAcquireInvestmentsOfSpacIpoProceedsIntoTrustAccount
|
-0 | usd |
CY2022 | us-gaap |
Payments For Leasing Costs
PaymentsForLeasingCosts
|
70889 | usd |
CY2021 | us-gaap |
Payments For Leasing Costs
PaymentsForLeasingCosts
|
117062 | usd |
CY2022 | us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
25768334 | usd |
CY2021 | us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
|
49583445 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-126377667 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
24204965 | usd |
CY2022 | sqft |
Proceeds From Issuance Of Mortgage Notes Payable
ProceedsFromIssuanceOfMortgageNotesPayable
|
20288093 | usd |
CY2021 | sqft |
Proceeds From Issuance Of Mortgage Notes Payable
ProceedsFromIssuanceOfMortgageNotesPayable
|
11703440 | usd |
CY2022 | sqft |
Repayments Of Secured Notes Payable
RepaymentsOfSecuredNotesPayable
|
11958568 | usd |
CY2021 | sqft |
Repayments Of Secured Notes Payable
RepaymentsOfSecuredNotesPayable
|
43069312 | usd |
CY2022 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
-0 | usd |
CY2021 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
7675598 | usd |
CY2022 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
3201266 | usd |
CY2021 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
572458 | usd |
CY2022 | us-gaap |
Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
|
-4412046 | usd |
CY2021 | us-gaap |
Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
|
-7588197 | usd |
CY2022 | sqft |
Proceeds From Issuance Initial Public Offering Of Spac
ProceedsFromIssuanceInitialPublicOfferingOfSPAC
|
134024416 | usd |
CY2021 | sqft |
Proceeds From Issuance Initial Public Offering Of Spac
ProceedsFromIssuanceInitialPublicOfferingOfSPAC
|
0 | usd |
CY2022 | sqft |
Spac Offering Noncontrolling Interest Adjustment
SPACOfferingNoncontrollingInterestAdjustment
|
1774416 | usd |
CY2021 | sqft |
Spac Offering Noncontrolling Interest Adjustment
SPACOfferingNoncontrollingInterestAdjustment
|
-0 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | usd |
CY2021 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
8871879 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
0 | usd |
CY2021 | us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
20489803 | usd |
CY2022 | us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
2152741 | usd |
CY2021 | us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
994263 | usd |
CY2022 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
3114456 | usd |
CY2021 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
4473399 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
127263486 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-23418736 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
1814636 | usd |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
3161172 | 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 |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
16516725 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
14702089 | usd |
CY2022 | us-gaap |
Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
|
0 | usd |
CY2021 | us-gaap |
Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
|
15449 | usd |
CY2022 | sqft |
Noncash Financing Items Dividends Payable
NoncashFinancingItemsDividendsPayable
|
178511 | usd |
CY2021 | sqft |
Noncash Financing Items Dividends Payable
NoncashFinancingItemsDividendsPayable
|
179685 | usd |
CY2021Q2 | sqft |
Equity Offering Maximum Gross Proceeds
EquityOfferingMaximumGrossProceeds
|
200000000 | usd |
CY2022 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
3 | pure |
CY2022 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font-family: "Times New Roman"; font-size: 10pt; margin: 0pt; text-align: justify;"><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.</p> <p style="font-family: "Times New Roman"; font-size: 10pt; margin: 0pt; text-align: left;"> </p> | |
CY2022 | us-gaap |
Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
|
55000 | usd |
CY2021 | us-gaap |
Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
|
18000 | usd |
CY2022 | us-gaap |
Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
|
0 | usd |
CY2022 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
5500000 | usd |
CY2021 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
5400000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
16500000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
14700000 | usd |
CY2022Q4 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
8800000 | usd |
CY2022Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
4400000 | usd |
CY2021Q4 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
7300000 | usd |
CY2021Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
4700000 | usd |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
138000 | usd |
CY2021Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
70000 | usd |
CY2022Q4 | us-gaap |
Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
|
1500000 | usd |
CY2021Q4 | us-gaap |
Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
|
1300000 | usd |
CY2022 | us-gaap |
Operating Lease Initial Direct Cost Expense Over Term
OperatingLeaseInitialDirectCostExpenseOverTerm
|
400000 | usd |
CY2021 | us-gaap |
Operating Lease Initial Direct Cost Expense Over Term
OperatingLeaseInitialDirectCostExpenseOverTerm
|
300000 | usd |
CY2022Q4 | sqft |
Unamortized Deferred Stock Costs
UnamortizedDeferredStockCosts
|
117000 | usd |
CY2021Q4 | sqft |
Unamortized Deferred Stock Costs
UnamortizedDeferredStockCosts
|
135000 | usd |
CY2022Q4 | us-gaap |
Deferred Offering Costs
DeferredOfferingCosts
|
0 | usd |
CY2022 | sqft |
Percentage Of Distributed Taxable Income To Qualify As Reit
PercentageOfDistributedTaxableIncomeToQualifyAsREIT
|
0.90 | pure |
CY2022Q4 | sqft |
Marketable Securities Cost Basis
MarketableSecuritiesCostBasis
|
900000 | usd |
CY2021Q4 | sqft |
Marketable Securities Cost Basis
MarketableSecuritiesCostBasis
|
1600000 | usd |
CY2021Q4 | us-gaap |
Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
|
0 | usd |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.57 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.46 | |
CY2022Q4 | sqft |
Number Of States Real Estate Property Is Located
NumberOfStatesRealEstatePropertyIsLocated
|
3 | pure |
CY2022Q4 | sqft |
Real Estate Investment Property And Lease Intangibles Net
RealEstateInvestmentPropertyAndLeaseIntangiblesNet
|
130512230 | usd |
CY2021Q4 | sqft |
Real Estate Investment Property And Lease Intangibles Net
RealEstateInvestmentPropertyAndLeaseIntangiblesNet
|
138064936 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
4110139 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
4055310 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
54829 | 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
FiniteLivedIntangibleAssetsNet
|
257171 | usd |
CY2022Q4 | us-gaap |
Below Market Lease Net
BelowMarketLeaseNet
|
18240 | usd |
CY2021Q4 | us-gaap |
Below Market Lease Net
BelowMarketLeaseNet
|
73130 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
17526 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
17526 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
15670 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
4107 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
0 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
0 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
54829 | usd |
CY2022Q4 | sqft |
Number Of Publicly Traded Reit Ss In Which Common Shares Are Owned
NumberOfPubliclyTradedREITSsInWhichCommonSharesAreOwned
|
18 | pure |
CY2022Q4 | us-gaap |
Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
|
798206 | usd |
CY2022Q4 | us-gaap |
Marketable Securities
MarketableSecurities
|
797749 | usd |
CY2021Q4 | sqft |
Number Of Publicly Traded Reit Ss In Which Common Shares Are Owned
NumberOfPubliclyTradedREITSsInWhichCommonSharesAreOwned
|
19 | pure |
CY2021Q4 | us-gaap |
Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
|
1529185 | usd |
CY2021Q4 | us-gaap |
Marketable Securities
MarketableSecurities
|
1514483 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
8270149 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
21148301 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
36109913 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
16717516 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
364407 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
|
15141369 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
97751655 | usd |
CY2022Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1000000 | |
CY2022Q4 | sqft |
Maximum Individual Common Stock Ownership Percentage
MaximumIndividualCommonStockOwnershipPercentage
|
0.098 | pure |
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 | ||
CY2022 | sqft |
General And Administrative Expense Including Income Tax Expense Benefit
GeneralAndAdministrativeExpenseIncludingIncomeTaxExpenseBenefit
|
6163816 | usd |
CY2021 | sqft |
General And Administrative Expense Including Income Tax Expense Benefit
GeneralAndAdministrativeExpenseIncludingIncomeTaxExpenseBenefit
|
6225510 | usd |
CY2022 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
5465015 | usd |
CY2021 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
5397498 | usd |
CY2022 | us-gaap |
Interest Expense
InterestExpense
|
4712487 | usd |
CY2021 | us-gaap |
Interest Expense
InterestExpense
|
4822085 | usd |
CY2022 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | usd |
CY2022 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
2039922 | usd |
CY2021 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-3417 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1215873 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-47620 | usd |
CY2022 | us-gaap |
Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
|
5079912 | usd |
CY2021 | us-gaap |
Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
|
2487528 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
1485528 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
-1463442 | usd |
CY2022 | us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
15673575 | usd |
CY2021 | us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
22224826 | usd |
CY2022 | us-gaap |
Payments For Tenant Improvements
PaymentsForTenantImprovements
|
2107505 | usd |
CY2021 | us-gaap |
Payments For Tenant Improvements
PaymentsForTenantImprovements
|
1597186 | usd |
CY2022 | sqft |
Real Estate Acquisitions And Improvements
RealEstateAcquisitionsAndImprovements
|
17781080 | usd |
CY2021 | sqft |
Real Estate Acquisitions And Improvements
RealEstateAcquisitionsAndImprovements
|
23822012 | usd |
CY2022Q4 | srt |
Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
|
97752000 | usd |
CY2022Q4 | us-gaap |
Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
|
19190000 | usd |
CY2022Q4 | us-gaap |
Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
|
131739000 | usd |
CY2022Q4 | us-gaap |
Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Improvements
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements
|
150930000 | usd |
CY2022Q4 | us-gaap |
Sec Schedule Iii Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Buildings And Improvements
SECScheduleIIIRealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionBuildingsAndImprovements
|
14695000 | usd |
CY2022Q4 | us-gaap |
Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
|
19190000 | usd |
CY2022Q4 | us-gaap |
Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
|
146435000 | usd |
CY2022Q4 | us-gaap |
Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
|
165625000 | usd |
CY2022Q4 | us-gaap |
Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
|
34804000 | usd |
CY2022Q4 | us-gaap |
Mortgage Loans On Real Estate Writedown Or Reserve Amount1
MortgageLoansOnRealEstateWritedownOrReserveAmount1
|
308000 | usd |
CY2022Q4 | us-gaap |
Sec Schedule Iii Real Estate Investment Property Net
SECScheduleIIIRealEstateInvestmentPropertyNet
|
130513000 | usd |
CY2021Q4 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
171013693 | usd |
CY2020Q4 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
208641166 | usd |
CY2022 | us-gaap |
Real Estate Acquisitions Through Foreclosures
RealEstateAcquisitionsThroughForeclosures
|
15673575 | usd |
CY2021 | us-gaap |
Real Estate Acquisitions Through Foreclosures
RealEstateAcquisitionsThroughForeclosures
|
22224826 | usd |
CY2022 | us-gaap |
Real Estate Improvements
RealEstateImprovements
|
2107503 | usd |
CY2021 | us-gaap |
Real Estate Improvements
RealEstateImprovements
|
1598105 | usd |
CY2022 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
-0 | usd |
CY2021 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
608000 | usd |
CY2022 | us-gaap |
Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
|
23478763 | usd |
CY2021 | us-gaap |
Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
|
60842404 | usd |
CY2022Q4 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
165316008 | usd |
CY2021Q4 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
171013693 | usd |
CY2021Q4 | us-gaap |
Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
|
32948757 | usd |
CY2020Q4 | us-gaap |
Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
|
42387199 | usd |
CY2022 | us-gaap |
Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
|
5015491 | usd |
CY2021 | us-gaap |
Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
|
5029579 | usd |
CY2022 | us-gaap |
Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
|
3160470 | usd |
CY2021 | us-gaap |
Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
|
14468021 | usd |
CY2022Q4 | us-gaap |
Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
|
34803778 | usd |
CY2021Q4 | us-gaap |
Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
|
32948757 | usd |
CY2022Q4 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
130512230 | usd |
CY2021Q4 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
138064936 | usd |