2024 Q4 Form 10-Q Financial Statement

#000143774924035719 Filed on November 19, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $4.723M
YoY Change 5.33%
Cost Of Revenue $1.598M
YoY Change 7.97%
Gross Profit $3.125M
YoY Change 3.83%
Gross Profit Margin 66.17%
Selling, General & Admin $1.630M
YoY Change -0.61%
% of Gross Profit 52.15%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.456M
YoY Change 7.71%
% of Gross Profit 46.58%
Operating Expenses $5.381M
YoY Change 20.49%
Operating Profit -$2.256M
YoY Change 54.94%
Interest Expense $1.474M
YoY Change 7.15%
% of Operating Profit
Other Income/Expense, Net -$5.047M
YoY Change -122.79%
Pretax Income -$5.697M
YoY Change -125.56%
Income Tax $6.911K
% Of Pretax Income
Net Earnings -$6.060M
YoY Change -128.2%
Net Earnings / Revenue -128.29%
Basic Earnings Per Share -$0.53
Diluted Earnings Per Share -$0.53
COMMON SHARES
Basic Shares Outstanding 14.40M 14.53M
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $7.200M
YoY Change -14.43%
Cash & Equivalents $7.200M
Short-Term Investments $0.00
Other Short-Term Assets $636.7K
YoY Change 27.34%
Inventory
Prepaid Expenses
Receivables $135.4K
Other Receivables $0.00
Total Short-Term Assets $4.472M
YoY Change -48.6%
LONG-TERM ASSETS
Property, Plant & Equipment $118.1M
YoY Change -13.13%
Goodwill $1.574M
YoY Change -35.04%
Intangibles
YoY Change
Long-Term Investments $481.2K
YoY Change -98.04%
Other Assets $18.78M
YoY Change 381.45%
Total Long-Term Assets $141.4M
YoY Change -16.46%
TOTAL ASSETS
Total Short-Term Assets $4.472M
Total Long-Term Assets $141.4M
Total Assets $145.8M
YoY Change -18.03%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.498M
YoY Change -34.01%
Accrued Expenses $1.727M
YoY Change 15.14%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $5.420M
YoY Change -25.75%
LONG-TERM LIABILITIES
Long-Term Debt $102.3M
YoY Change -0.18%
Other Long-Term Liabilities $9.540K
YoY Change
Total Long-Term Liabilities $102.3M
YoY Change -0.17%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.420M
Total Long-Term Liabilities $102.3M
Total Liabilities $107.7M
YoY Change -1.87%
SHAREHOLDERS EQUITY
Retained Earnings -$156.3M
YoY Change 28.5%
Common Stock $185.7M
YoY Change 2.33%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $29.54M
YoY Change
Total Liabilities & Shareholders Equity $145.8M
YoY Change -18.03%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income -$6.060M
YoY Change -128.2%
Depreciation, Depletion And Amortization $1.456M
YoY Change 7.71%
Cash From Operating Activities $822.7K
YoY Change -60.64%
INVESTING ACTIVITIES
Capital Expenditures $725.7K
YoY Change -60.13%
Acquisitions
YoY Change
Other Investing Activities -$1.778M
YoY Change -107.19%
Cash From Investing Activities -$2.504M
YoY Change -110.93%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 345.6K
YoY Change -101.33%
NET CHANGE
Cash From Operating Activities 822.7K
Cash From Investing Activities -2.504M
Cash From Financing Activities 345.6K
Net Change In Cash -1.335M
YoY Change 45.16%
FREE CASH FLOW
Cash From Operating Activities $822.7K
Capital Expenditures $725.7K
Free Cash Flow $96.96K
YoY Change -64.09%

Facts In Submission

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38096537 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
52921128 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
-608459 usd
CY2023Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
518642 usd
CY2023Q1 us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
158900 usd
CY2023Q1 sqft Accrued Excise Tax On Spac Redemptions
AccruedExciseTaxOnSpacRedemptions
1140683 usd
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
232106 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
49925240 usd
CY2023Q2 us-gaap Profit Loss
ProfitLoss
-204752 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 Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
228657 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
47270676 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 sqft Adjustment To Additional Paidin Capital Increase For Reversal Of Accrued Excise Tax On Spac Redemption
AdjustmentToAdditionalPaidinCapitalIncreaseForReversalOfAccruedExciseTaxOnSpacRedemption
1140683 usd
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
270564 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
68936924 usd
us-gaap Profit Loss
ProfitLoss
-20820853 usd
us-gaap Profit Loss
ProfitLoss
21346450 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4158270 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4054109 usd
us-gaap Share Based Compensation
ShareBasedCompensation
1232050 usd
us-gaap Share Based Compensation
ShareBasedCompensation
828193 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
27729 usd
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
3191149 usd
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
2294574 usd
us-gaap Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
-0 usd
us-gaap Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
40321483 usd
sqft Net Change In Fair Value Spac Trust Account
NetChangeInFairValueSPACTrustAccount
0 usd
sqft Net Change In Fair Value Spac Trust Account
NetChangeInFairValueSPACTrustAccount
-1209542 usd
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
893939 usd
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
286491 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
263863 usd
us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
3731 usd
us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
3731 usd
sqft Payments For Proceeds From Leasing Costs
PaymentsForProceedsFromLeasingCosts
-5808 usd
sqft Payments For Proceeds From Leasing Costs
PaymentsForProceedsFromLeasingCosts
-5808 usd
us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
-113491 usd
us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
-280619 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-158524 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
92877 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-1172517 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-472157 usd
sqft Increase Decrease In Accounts Payable And Accrued Liabilities For Spac
IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesForSPAC
0 usd
sqft Increase Decrease In Accounts Payable And Accrued Liabilities For Spac
IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesForSPAC
652577 usd
sqft Change Accrued Real Estate Taxes
ChangeAccruedRealEstateTaxes
-296168 usd
sqft Change Accrued Real Estate Taxes
ChangeAccruedRealEstateTaxes
-373343 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1040830 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-356973 usd
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
9729351 usd
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
13715923 usd
us-gaap Payments For Tenant Improvements
PaymentsForTenantImprovements
1939641 usd
us-gaap Payments For Tenant Improvements
PaymentsForTenantImprovements
1966868 usd
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
-0 usd
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
2083328 usd
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
60467 usd
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
2302456 usd
sqft Payments To Acquire Investments Of Spac Ipo Proceeds Into Trust Account
PaymentsToAcquireInvestmentsOfSpacIpoProceedsIntoTrustAccount
-0 usd
sqft Payments To Acquire Investments Of Spac Ipo Proceeds Into Trust Account
PaymentsToAcquireInvestmentsOfSpacIpoProceedsIntoTrustAccount
624998 usd
sqft Proceeds From Trust Account For Taxes
ProceedsFromTrustAccountForTaxes
0 usd
sqft Proceeds From Trust Account For Taxes
ProceedsFromTrustAccountForTaxes
832480 usd
sqft Proceeds From Trust Account For Redemption Of Shares
ProceedsFromTrustAccountForRedemptionOfShares
0 usd
sqft Proceeds From Trust Account For Redemption Of Shares
ProceedsFromTrustAccountForRedemptionOfShares
137157011 usd
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
22273254 usd
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
7113065 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
10664729 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
129013895 usd
sqft Proceeds From Issuance Of Mortgage Notes Payable
ProceedsFromIssuanceOfMortgageNotesPayable
13602291 usd
sqft Proceeds From Issuance Of Mortgage Notes Payable
ProceedsFromIssuanceOfMortgageNotesPayable
13400934 usd
sqft Repayments Of Secured Notes Payable
RepaymentsOfSecuredNotesPayable
18900440 usd
sqft Repayments Of Secured Notes Payable
RepaymentsOfSecuredNotesPayable
7885953 usd
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-3083899 usd
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-3013831 usd
sqft Payments For Redemption Of Spac Shares
PaymentsForRedemptionOfSPACShares
-0 usd
sqft Payments For Redemption Of Spac Shares
PaymentsForRedemptionOfSPACShares
137157011 usd
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
1195855 usd
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
97394 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
-0 usd
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
1651292 usd
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
1595606 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
-0 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
892646 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-8934879 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
689020 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-8737961 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
6510428 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
16516725 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
7199448 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
7778764 usd
sqft Prior Year Paid Additions To Building And Tenant Improvements
PriorYearPaidAdditionsToBuildingAndTenantImprovements
295567 usd
sqft Prior Year Paid Additions To Building And Tenant Improvements
PriorYearPaidAdditionsToBuildingAndTenantImprovements
0 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
71546 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
sqft Noncash Investing Items Private Warrants
NoncashInvestingItemsPrivateWarrants
642600 usd
sqft Noncash Investing Items Private Warrants
NoncashInvestingItemsPrivateWarrants
0 usd
us-gaap Stock Issued1
StockIssued1
1052579 usd
us-gaap Stock Issued1
StockIssued1
0 usd
us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
30204 usd
us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
850918 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. Significant estimates include, private warrants, the allocation of purchase price paid for property acquisitions between the components of 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 could differ from those estimates.</p> <p style="font-family: Times New Roman; font-size: 10pt; margin: 0pt; text-align: justify;"> </p> <p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt 0pt 0pt -1pt; text-align: justify;"></p>
CY2024Q3 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
1244 usd
CY2023Q3 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
3731 usd
CY2024Q3 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
1600000 usd
CY2023Q4 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
1700000 usd
CY2024Q3 us-gaap Operating Lease Initial Direct Cost Expense Over Term
OperatingLeaseInitialDirectCostExpenseOverTerm
125302 usd
us-gaap Operating Lease Initial Direct Cost Expense Over Term
OperatingLeaseInitialDirectCostExpenseOverTerm
369401 usd
CY2023Q3 us-gaap Operating Lease Initial Direct Cost Expense Over Term
OperatingLeaseInitialDirectCostExpenseOverTerm
123408 usd
us-gaap Operating Lease Initial Direct Cost Expense Over Term
OperatingLeaseInitialDirectCostExpenseOverTerm
351559 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7200000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6500000 usd
CY2024Q3 us-gaap Restricted Cash
RestrictedCash
3500000 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
3700000 usd
CY2024Q3 us-gaap Cash Uninsured Amount
CashUninsuredAmount
1300000 usd
CY2023Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
700000 usd
CY2023Q4 sqft Unamortized Deferred Stock Costs
UnamortizedDeferredStockCosts
5000 usd
CY2024Q3 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
700000 usd
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
900000 usd
us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
22300000 usd
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
3200000 usd
CY2023Q4 sqft Marketable Securities Cost Basis
MarketableSecuritiesCostBasis
40315 usd
CY2024Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
18564732
CY2023Q3 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
18564732
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
17822307
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-variant: normal; margin: 0pt; text-align: justify;"><i><b>Reclassifications</b></i>. Certain prior year balance sheet, statement of operations and statement of cash flows accounts have been reclassified to conform with the current year presentation. The reclassifications did <em style="font: inherit;">not</em> affect net income in the prior year's consolidated statement of operations.</p> <p style="font-family: Times New Roman; font-size: 10pt; margin: 0pt; text-align: justify;"> </p> <p style="font-family: &quot;Times New Roman&quot;; font-size: 10pt; margin: 0pt; text-align: justify;"></p>
CY2024Q3 sqft Number Of States Real Estate Property Is Located
NumberOfStatesRealEstatePropertyIsLocated
3 pure
CY2024Q3 sqft Real Estate Investment Property And Lease Intangibles Net
RealEstateInvestmentPropertyAndLeaseIntangiblesNet
131415210 usd
CY2023Q4 sqft Real Estate Investment Property And Lease Intangibles Net
RealEstateInvestmentPropertyAndLeaseIntangiblesNet
144155784 usd
CY2024Q3 us-gaap Depreciation
Depreciation
1300000 usd
us-gaap Depreciation
Depreciation
3800000 usd
CY2023Q3 us-gaap Depreciation
Depreciation
1200000 usd
us-gaap Depreciation
Depreciation
3700000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
3776654 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3752496 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
24158 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
4110139 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4072836 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
37303 usd
CY2024Q3 us-gaap Below Market Lease Net
BelowMarketLeaseNet
9535 usd
CY2023Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
13266 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
4382 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
15669 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
4107 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
24158 usd
CY2024Q3 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
2087378 usd
CY2023Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
1973887 usd
CY2024Q3 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
636704 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
349160 usd
CY2024Q3 us-gaap Notes Receivable Net
NotesReceivableNet
316374 usd
CY2023Q4 us-gaap Notes Receivable Net
NotesReceivableNet
316374 usd
CY2024Q3 us-gaap Accounts Receivable Net
AccountsReceivableNet
135353 usd
CY2023Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
694869 usd
CY2024Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
69962 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
15649 usd
CY2024Q3 us-gaap Deferred Offering Costs
DeferredOfferingCosts
0 usd
CY2023Q4 us-gaap Deferred Offering Costs
DeferredOfferingCosts
5000 usd
CY2024Q3 us-gaap Marketable Securities
MarketableSecurities
0 usd
CY2023Q4 us-gaap Marketable Securities
MarketableSecurities
45149 usd
CY2024Q3 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
3245771 usd
CY2023Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
3400088 usd
CY2023Q4 sqft Number Of Publicly Traded Reit Ss In Which Common Shares Are Owned
NumberOfPubliclyTradedREITSsInWhichCommonSharesAreOwned
3 pure
CY2023Q4 sqft Number Of Publicly Traded Rei Ts In Which Options Are Owned
NumberOfPubliclyTradedREITsInWhichOptionsAreOwned
0 pure
CY2023Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
45149 usd
CY2023Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
45149 usd
CY2024Q3 sqft Mortgage Notes Payable Net
MortgageNotesPayableNet
102319219 usd
CY2023Q4 sqft Mortgage Notes Payable Net
MortgageNotesPayableNet
107713273 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
11689381 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
37530252 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
17529750 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
709006 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
9288876 usd
CY2024Q3 sqft Longterm Debt Maturities Repayments Of Principal After Year Four
LongtermDebtMaturitiesRepaymentsOfPrincipalAfterYearFour
26421490 usd
CY2024Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
103168755 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1000000 usd
CY2024Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000
CY2024Q3 sqft Maximum Individual Common Stock Ownership Percentage
MaximumIndividualCommonStockOwnershipPercentage
0.098 pure
CY2024Q3 sqft Maximum Individual Common Stock Ownership Percentage
MaximumIndividualCommonStockOwnershipPercentage
0.098 pure
sqft Number Of Limited Partnerships In Which Company Is Sole General Partner
NumberOfLimitedPartnershipsInWhichCompanyIsSoleGeneralPartner
5 pure
CY2024Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
300000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1200000 usd
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
300000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
800000 usd
CY2024Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
1600000 usd
CY2024Q3 sqft General And Administrative Expense Including Income Tax Expense Benefit
GeneralAndAdministrativeExpenseIncludingIncomeTaxExpenseBenefit
1629919 usd
CY2023Q3 sqft General And Administrative Expense Including Income Tax Expense Benefit
GeneralAndAdministrativeExpenseIncludingIncomeTaxExpenseBenefit
1635610 usd
sqft General And Administrative Expense Including Income Tax Expense Benefit
GeneralAndAdministrativeExpenseIncludingIncomeTaxExpenseBenefit
5917286 usd
sqft General And Administrative Expense Including Income Tax Expense Benefit
GeneralAndAdministrativeExpenseIncludingIncomeTaxExpenseBenefit
5413413 usd
CY2024Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1455882 usd
CY2023Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1351705 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4158270 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4054109 usd
CY2024Q3 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
697146 usd
CY2023Q3 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
-0 usd
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
893939 usd
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
-0 usd
CY2024Q3 us-gaap Interest Expense
InterestExpense
1473528 usd
CY2023Q3 us-gaap Interest Expense
InterestExpense
1375199 usd
us-gaap Interest Expense
InterestExpense
4514579 usd
us-gaap Interest Expense
InterestExpense
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CY2024Q3 us-gaap Marketable Securities Gain Loss Excluding Other Than Temporary Impairments
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CY2023Q3 us-gaap Marketable Securities Gain Loss Excluding Other Than Temporary Impairments
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us-gaap Marketable Securities Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments
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us-gaap Marketable Securities Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments
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CY2024Q3 us-gaap Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
0 usd
CY2023Q3 us-gaap Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
40321483 usd
us-gaap Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
0 usd
us-gaap Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
40321483 usd
CY2024Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
5263 usd
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
254486 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
15116 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1394687 usd
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6911 usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
134620 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
167496 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
632147 usd
CY2024Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
361151 usd
CY2023Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
757285 usd
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
3191149 usd
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
2294574 usd
CY2024Q3 us-gaap Profit Loss
ProfitLoss
-5704383 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
22159661 usd
us-gaap Profit Loss
ProfitLoss
-20820853 usd
us-gaap Profit Loss
ProfitLoss
21346450 usd
CY2024Q3 us-gaap Assets
Assets
145845230 usd
CY2023Q4 us-gaap Assets
Assets
175962638 usd
sqft Real Estate Acquisitions And Improvements
RealEstateAcquisitionsAndImprovements
11403629 usd
sqft Real Estate Acquisitions And Improvements
RealEstateAcquisitionsAndImprovements
16533709 usd

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