2023 Q4 Form 10-Q Financial Statement

#000143774923031953 Filed on November 14, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $4.486M $4.484M
YoY Change 0.17% 2.1%
Cost Of Revenue $1.510M $1.480M
YoY Change 2.35% 3.19%
Gross Profit $2.976M $3.010M
YoY Change -0.9% 1.77%
Gross Profit Margin 66.33% 67.12%
Selling, General & Admin $1.377M $1.640M
YoY Change -25.85% 8.67%
% of Gross Profit 46.27% 54.49%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.376M $1.352M
YoY Change -7.76% 2.54%
% of Gross Profit 46.23% 44.91%
Operating Expenses $2.749M $4.466M
YoY Change -17.91% 4.79%
Operating Profit $227.1K -$1.456M
YoY Change -165.7% 11.66%
Interest Expense -$7.063M $1.375M
YoY Change -12752.31% -0.5%
% of Operating Profit -3109.32%
Other Income/Expense, Net $22.14M
YoY Change 9931.03%
Pretax Income -$9.137M $22.29M
YoY Change -1347.4% 3349.56%
Income Tax -$967.9K $134.6K
% Of Pretax Income 0.6%
Net Earnings -$9.568M $21.49M
YoY Change 1126.56% -2913.26%
Net Earnings / Revenue -213.28% 479.16%
Basic Earnings Per Share $1.77
Diluted Earnings Per Share -$0.81 $1.77
COMMON SHARES
Basic Shares Outstanding 13.13M 13.15M
Diluted Shares Outstanding

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.510M $8.414M
YoY Change -62.36% -56.67%
Cash & Equivalents $6.500M $7.800M
Short-Term Investments $45.15K $614.1K
Other Short-Term Assets $349.2K $500.0K
YoY Change -43.65% -38.14%
Inventory
Prepaid Expenses
Receivables $694.9K $400.0K
Other Receivables $0.00 $0.00
Total Short-Term Assets $7.554M $8.700M
YoY Change -56.09% -55.57%
LONG-TERM ASSETS
Property, Plant & Equipment $138.7M $136.0M
YoY Change 7.96% 13.26%
Goodwill $1.574M $2.423M
YoY Change -35.04% 0.0%
Intangibles
YoY Change
Long-Term Investments $18.36M $24.60M
YoY Change -86.66% -81.98%
Other Assets $7.432M $3.900M
YoY Change 110.36% -51.36%
Total Long-Term Assets $168.4M $169.2M
YoY Change -38.57% -37.1%
TOTAL ASSETS
Total Short-Term Assets $7.554M $8.700M
Total Long-Term Assets $168.4M $169.2M
Total Assets $176.0M $177.9M
YoY Change -39.6% -38.35%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.792M $5.300M
YoY Change -47.2% -43.54%
Accrued Expenses $1.969M $1.500M
YoY Change 2.2% -3.09%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $6.935M $7.300M
YoY Change -37.97% -34.31%
LONG-TERM LIABILITIES
Long-Term Debt $107.7M $102.5M
YoY Change 11.16% 8.88%
Other Long-Term Liabilities $13.27K $0.00
YoY Change -27.25% -100.0%
Total Long-Term Liabilities $107.7M $102.5M
YoY Change 11.15% 8.84%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.935M $7.300M
Total Long-Term Liabilities $107.7M $102.5M
Total Liabilities $114.7M $109.8M
YoY Change 6.07% 4.29%
SHAREHOLDERS EQUITY
Retained Earnings -$131.5M -$121.6M
YoY Change -4.94% -11.41%
Common Stock $182.3M $181.5M
YoY Change 0.15% -0.41%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $50.93M $59.97M
YoY Change
Total Liabilities & Shareholders Equity $176.0M $177.9M
YoY Change -39.6% -38.35%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income -$9.568M $21.49M
YoY Change 1126.56% -2913.26%
Depreciation, Depletion And Amortization $1.376M $1.352M
YoY Change -7.76% 2.54%
Cash From Operating Activities $999.8K $2.090M
YoY Change -204.21% -11.0%
INVESTING ACTIVITIES
Capital Expenditures $3.843M $1.820M
YoY Change 2190.3% -264.45%
Acquisitions
YoY Change
Other Investing Activities -$4.016M $24.73M
YoY Change 68.62% -1644.17%
Cash From Investing Activities -$7.859M $22.91M
YoY Change 208.26% -945.94%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 5.583M -25.92M
YoY Change 283.28% 1112.44%
NET CHANGE
Cash From Operating Activities 999.8K 2.090M
Cash From Investing Activities -7.859M 22.91M
Cash From Financing Activities 5.583M -25.92M
Net Change In Cash -1.276M -920.0K
YoY Change -37.81% -63.17%
FREE CASH FLOW
Cash From Operating Activities $999.8K $2.090M
Capital Expenditures $3.843M $1.820M
Free Cash Flow -$2.843M $270.0K
YoY Change 152.22% -92.19%

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158900 usd
CY2023Q1 sqft Accrued Excise Tax On Spac Redemptions
AccruedExciseTaxOnSpacRedemptions
1140683 usd
CY2023Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
28740 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
49615078 usd
CY2023Q2 us-gaap Profit Loss
ProfitLoss
-204752 usd
CY2023Q2 us-gaap Dividends Common Stock
DividendsCommonStock
302496 usd
CY2023Q2 us-gaap Dividends Preferred Stock
DividendsPreferredStock
532285 usd
CY2023Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
1442668 usd
CY2023Q2 us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
247094 usd
CY2023Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
50999 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
46731857 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
22159661 usd
CY2023Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
17127 usd
CY2023Q3 us-gaap Dividends Common Stock
DividendsCommonStock
302495 usd
CY2023Q3 us-gaap Dividends Preferred Stock
DividendsPreferredStock
527873 usd
CY2023Q3 sqft Adjustment To Additional Paidin Capital Increase For Reversal Of Accrued Excise Tax On Spac Redemption
AdjustmentToAdditionalPaidinCapitalIncreaseForReversalOfAccruedExciseTaxOnSpacRedemption
1140683 usd
CY2023Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
1052521 usd
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
68127541 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
65482620 usd
CY2022Q1 us-gaap Profit Loss
ProfitLoss
380190 usd
CY2022Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
764386 usd
CY2022Q1 us-gaap Noncontrolling Interest Decrease From Deconsolidation
NoncontrollingInterestDecreaseFromDeconsolidation
4023113 usd
CY2022Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
258410 usd
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
60508365 usd
CY2022Q2 us-gaap Profit Loss
ProfitLoss
418046 usd
CY2022Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
28037 usd
CY2022Q2 us-gaap Noncontrolling Interest Decrease From Deconsolidation
NoncontrollingInterestDecreaseFromDeconsolidation
101767 usd
CY2022Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
30729 usd
CY2022Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
2355942 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
56615752 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
351175 usd
CY2022Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
48044 usd
CY2022Q3 us-gaap Dividends Common Stock
DividendsCommonStock
247627 usd
CY2022Q3 us-gaap Dividends Preferred Stock
DividendsPreferredStock
538286 usd
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
us-gaap Profit Loss
ProfitLoss
21346450 usd
us-gaap Profit Loss
ProfitLoss
1149411 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4054109 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3973582 usd
us-gaap Share Based Compensation
ShareBasedCompensation
828193 usd
us-gaap Share Based Compensation
ShareBasedCompensation
861837 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
27729 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
11116 usd
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
2294574 usd
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
4057527 usd
us-gaap Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
40321483 usd
us-gaap Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
-0 usd
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
169530 usd
us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-70183 usd
sqft Net Change In Fair Value Spac Trust Account
NetChangeInFairValueSPACTrustAccount
-1209542 usd
sqft Net Change In Fair Value Spac Trust Account
NetChangeInFairValueSPACTrustAccount
-811687 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
263863 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
180250 usd
us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
3731 usd
us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
41167 usd
us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
-280619 usd
us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
-148181 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
92877 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-585984 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
378761 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
245652 usd
sqft Increase Decrease In Accounts Payable And Accrued Liabilities For Spac
IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesForSPAC
652577 usd
sqft Increase Decrease In Accounts Payable And Accrued Liabilities For Spac
IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesForSPAC
316128 usd
sqft Change Accrued Real Estate Taxes
ChangeAccruedRealEstateTaxes
-373343 usd
sqft Change Accrued Real Estate Taxes
ChangeAccruedRealEstateTaxes
-447279 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
488137 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1888302 usd
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
13715923 usd
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
8087250 usd
us-gaap Payments For Tenant Improvements
PaymentsForTenantImprovements
2817786 usd
us-gaap Payments For Tenant Improvements
PaymentsForTenantImprovements
1939712 usd
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
2083328 usd
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
1243672 usd
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
2302456 usd
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
1787695 usd
sqft Payments To Acquire Investments Of Spac Ipo Proceeds Into Trust Account
PaymentsToAcquireInvestmentsOfSpacIpoProceedsIntoTrustAccount
624998 usd
sqft Payments To Acquire Investments Of Spac Ipo Proceeds Into Trust Account
PaymentsToAcquireInvestmentsOfSpacIpoProceedsIntoTrustAccount
134895000 usd
sqft Proceeds From Trust Account For Taxes
ProceedsFromTrustAccountForTaxes
832480 usd
sqft Proceeds From Trust Account For Taxes
ProceedsFromTrustAccountForTaxes
0 usd
sqft Proceeds From Trust Account For Redemption Of Shares
ProceedsFromTrustAccountForRedemptionOfShares
137157011 usd
sqft Proceeds From Trust Account For Redemption Of Shares
ProceedsFromTrustAccountForRedemptionOfShares
0 usd
sqft Payments For Proceeds From Leasing Costs
PaymentsForProceedsFromLeasingCosts
-5808 usd
sqft Payments For Proceeds From Leasing Costs
PaymentsForProceedsFromLeasingCosts
53377 usd
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
7113065 usd
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
20603179 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
128168785 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-123828137 usd
sqft Proceeds From Issuance Of Mortgage Notes Payable
ProceedsFromIssuanceOfMortgageNotesPayable
13400934 usd
sqft Proceeds From Issuance Of Mortgage Notes Payable
ProceedsFromIssuanceOfMortgageNotesPayable
14992425 usd
sqft Repayments Of Secured Notes Payable
RepaymentsOfSecuredNotesPayable
7885953 usd
sqft Repayments Of Secured Notes Payable
RepaymentsOfSecuredNotesPayable
9586079 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
-0 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
3201266 usd
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-3013831 usd
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-3812698 usd
sqft Proceeds From Issuance Initial Public Offering Of Spac
ProceedsFromIssuanceInitialPublicOfferingOfSPAC
0 usd
sqft Proceeds From Issuance Initial Public Offering Of Spac
ProceedsFromIssuanceInitialPublicOfferingOfSPAC
132859920 usd
sqft Spac Offering Noncontrolling Interest Adjustment
SPACOfferingNoncontrollingInterestAdjustment
-0 usd
sqft Spac Offering Noncontrolling Interest Adjustment
SPACOfferingNoncontrollingInterestAdjustment
609920 usd
sqft Payments For Redemption Of Spac Shares
PaymentsForRedemptionOfSPACShares
137157011 usd
sqft Payments For Redemption Of Spac Shares
PaymentsForRedemptionOfSPACShares
-0 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
-0 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
277696 usd
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
1595606 usd
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
1616398 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
892646 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
2857081 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-137394883 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
125806821 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-8737961 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
3866986 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
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
7778764 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
18569075 usd
sqft Common Stock Potentially Convertible Shares
CommonStockPotentiallyConvertibleShares
0
sqft Common Stock Potentially Convertible Shares
CommonStockPotentiallyConvertibleShares
134895000
CY2023Q3 sqft Future Principal Mortgage Notes Payables Due
FuturePrincipalMortgageNotesPayablesDue
3400000 usd
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 consolidated financial statements were prepared in conformity with U.S. GAAP, which requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.</p> <p style="font-family: Times New Roman; font-size: 10pt; margin: 0pt; text-align: left;"> </p> <p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt 0pt 0pt -1pt; text-align: justify;"></p>
CY2023Q3 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
1200 usd
CY2022Q3 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
3700 usd
us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
14000 usd
us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
41000 usd
CY2023Q3 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
1500000 usd
CY2022Q4 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
1500000 usd
CY2023Q3 us-gaap Operating Lease Initial Direct Cost Expense Over Term
OperatingLeaseInitialDirectCostExpenseOverTerm
123000 usd
us-gaap Operating Lease Initial Direct Cost Expense Over Term
OperatingLeaseInitialDirectCostExpenseOverTerm
352000 usd
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
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7800000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
16500000 usd
CY2023Q3 us-gaap Restricted Cash
RestrictedCash
3700000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
4400000 usd
CY2023Q3 us-gaap Cash Uninsured Amount
CashUninsuredAmount
500000 usd
CY2022Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
8800000 usd
CY2023Q3 sqft Number Of Model Homes Held For Sale
NumberOfModelHomesHeldForSale
7 pure
CY2023Q3 sqft Marketable Securities Cost Basis
MarketableSecuritiesCostBasis
700000 usd
CY2022Q4 sqft Marketable Securities Cost Basis
MarketableSecuritiesCostBasis
900000 usd
CY2023Q3 us-gaap Equity Securities Fv Ni Current And Noncurrent
EquitySecuritiesFvNiCurrentAndNoncurrent
24000000 usd
CY2023Q3 us-gaap Equity Securities Fv Ni Cost
EquitySecuritiesFvNiCost
7500000 usd
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
17822307
CY2022Q3 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
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
17822307
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
17107632
sqft Excise Tax Liability On Spac Redemptions Percentage
ExciseTaxLiabilityOnSpacRedemptionsPercentage
0.01 pure
CY2023Q3 sqft Excise Tax Liability On Spac Redemptions Amount
ExciseTaxLiabilityOnSpacRedemptionsAmount
1140683 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4068454 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
41685 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
4110139 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4055310 usd
CY2023Q3 sqft Real Estate Investment Property And Lease Intangibles Net
RealEstateInvestmentPropertyAndLeaseIntangiblesNet
138448305 usd
CY2022Q4 sqft Real Estate Investment Property And Lease Intangibles Net
RealEstateInvestmentPropertyAndLeaseIntangiblesNet
130512230 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
4110139 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
54829 usd
CY2023Q3 us-gaap Below Market Lease Net
BelowMarketLeaseNet
14509 usd
CY2022Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
18240 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
4382 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
17526 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
15670 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
4107 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
41685 usd
CY2023Q3 sqft Number Of Publicly Traded Reit Ss In Which Common Shares Are Owned
NumberOfPubliclyTradedREITSsInWhichCommonSharesAreOwned
14 pure
CY2023Q3 sqft Number Of Publicly Traded Rei Ts In Which Options Are Owned
NumberOfPubliclyTradedREITsInWhichOptionsAreOwned
0 pure
CY2023Q3 us-gaap Marketable Securities
MarketableSecurities
614063 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
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
3430250 usd
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
21973400 usd
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
39241009 usd
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
16817210 usd
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
460748 usd
CY2023Q3 sqft Longterm Debt Maturity After Year Four
LongtermDebtMaturityAfterYearFour
21344019 usd
CY2023Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
103266636 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
4200000 usd
CY2023Q3 us-gaap Equity Securities Fv Ni Current And Noncurrent
EquitySecuritiesFvNiCurrentAndNoncurrent
24000000 usd
CY2023Q3 us-gaap Equity Securities Fv Ni Cost
EquitySecuritiesFvNiCost
7500000 usd
CY2023Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000
CY2023Q3 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
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
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
300000 usd
CY2022Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
300000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
800000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
900000 usd
CY2023Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
2400000 usd
CY2023Q3 sqft General And Administrative Expense Including Income Tax Expense Benefit
GeneralAndAdministrativeExpenseIncludingIncomeTaxExpenseBenefit
1635610 usd
CY2022Q3 sqft General And Administrative Expense Including Income Tax Expense Benefit
GeneralAndAdministrativeExpenseIncludingIncomeTaxExpenseBenefit
1509139 usd
sqft General And Administrative Expense Including Income Tax Expense Benefit
GeneralAndAdministrativeExpenseIncludingIncomeTaxExpenseBenefit
5413413 usd
sqft General And Administrative Expense Including Income Tax Expense Benefit
GeneralAndAdministrativeExpenseIncludingIncomeTaxExpenseBenefit
4306835 usd
CY2023Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1351705 usd
CY2022Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1318164 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4054109 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3973582 usd
CY2023Q3 us-gaap Interest Expense
InterestExpense
1375199 usd
CY2022Q3 us-gaap Interest Expense
InterestExpense
1382120 usd
us-gaap Interest Expense
InterestExpense
3579381 usd
us-gaap Interest Expense
InterestExpense
3485693 usd
CY2023Q3 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
-17682154 usd
CY2022Q3 us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
0 usd
us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
-17682154 usd
us-gaap Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
0 usd
CY2023Q3 us-gaap Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
40321483 usd
CY2022Q3 us-gaap Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
0 usd
us-gaap Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
40321483 usd
us-gaap Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
0 usd
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
254486 usd
CY2022Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
590586 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1394687 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
757318 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
134620 usd
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
294996 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
632147 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
819520 usd
CY2023Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
757285 usd
CY2022Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
1307258 usd
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
2294574 usd
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
4057527 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
22159661 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
351175 usd
us-gaap Profit Loss
ProfitLoss
21346450 usd
us-gaap Profit Loss
ProfitLoss
1149411 usd
us-gaap Payments For Tenant Improvements
PaymentsForTenantImprovements
2817786 usd
us-gaap Payments For Tenant Improvements
PaymentsForTenantImprovements
1939712 usd
sqft Real Estate Acquisitions And Improvements
RealEstateAcquisitionsAndImprovements
16533709 usd
sqft Real Estate Acquisitions And Improvements
RealEstateAcquisitionsAndImprovements
10026962 usd

Files In Submission

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FilingSummary.xml Edgar Link unprocessable
sqft-20230930_lab.xml Edgar Link unprocessable
sqft-20230930_cal.xml Edgar Link unprocessable
sqft-20230930_def.xml Edgar Link unprocessable
0001437749-23-031953-index-headers.html Edgar Link pending
0001437749-23-031953-index.html Edgar Link pending
0001437749-23-031953.txt Edgar Link pending
0001437749-23-031953-xbrl.zip Edgar Link pending
ex_568723.htm Edgar Link pending
ex_568724.htm Edgar Link pending
ex_568725.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
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report.css Edgar Link pending
Show.js Edgar Link pending
sqft-20230930.xsd Edgar Link pending
sqft20230930_10q.htm Edgar Link pending
sqft-20230930_pre.xml Edgar Link unprocessable
sqft20230930_10q_htm.xml Edgar Link completed