$SQFT
Presidio Property Trust, Inc.

2017 Q3 Form 10-Q Financial Statement

#000156459017022838 Filed on November 08, 2017

View on sec.gov

Income Statement

Concept 2017 Q3 2016 Q3 2015 Q4
Revenue $7.963M
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.399M $2.564M
YoY Change -6.43% 36.09%
% of Gross Profit
Operating Expenses $6.516M
YoY Change
Operating Profit $5.169M $5.277M
YoY Change -2.04% 25.37%
Interest Expense $3.191M $3.324M
YoY Change -3.99% 26.34%
% of Operating Profit 61.73% 62.99%
Other Income/Expense, Net -$3.024M
YoY Change
Pretax Income
YoY Change
Income Tax $53.57K
% Of Pretax Income
Net Earnings
YoY Change
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding 17.08M
Diluted Shares Outstanding

Balance Sheet

Concept 2017 Q3 2016 Q3 2015 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $7.292M $4.703M $6.626M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill $2.423M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $254.3M
YoY Change 15.25%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities
Total Liabilities $204.0M $189.1M
YoY Change 26.84%
SHAREHOLDERS EQUITY
Retained Earnings -$112.9M -$93.82M
YoY Change 12.83%
Common Stock $150.6M $146.7M
YoY Change 2.09%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $37.85M $53.06M
YoY Change
Total Liabilities & Shareholders Equity $256.6M $254.3M
YoY Change 15.25%

Cashflow Statement

Concept 2017 Q3 2016 Q3 2015 Q4
OPERATING ACTIVITIES
Net Income
YoY Change
Depreciation, Depletion And Amortization $2.399M $2.564M
YoY Change -6.43% 36.09%
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2016Q4 sqft Real Estate Investment Property And Lease Intangibles Held For Investment And Real Estate Held For Sale Net
RealEstateInvestmentPropertyAndLeaseIntangiblesHeldForInvestmentAndRealEstateHeldForSaleNet
240522209
CY2017Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-112939280
CY2017Q3 us-gaap Below Market Lease Net
BelowMarketLeaseNet
1457204
CY2017Q3 us-gaap Liabilities
Liabilities
204034110
CY2017Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2017Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
150616707
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
37853570
CY2017Q3 us-gaap Minority Interest
MinorityInterest
14666200
CY2017Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
52519770
CY2016Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
149539782
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-106623957
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
43090853
CY2016Q4 us-gaap Notes Payable
NotesPayable
158886111
CY2017Q3 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
6743991
CY2016Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
6066068
CY2017Q3 sqft Accrued Real Estate Taxes
AccruedRealEstateTaxes
2348145
CY2016Q4 sqft Accrued Real Estate Taxes
AccruedRealEstateTaxes
2318990
CY2016Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
1171924
CY2017Q3 us-gaap Notes Payable
NotesPayable
162919083
CY2016Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
1698086
CY2016Q4 us-gaap Liabilities
Liabilities
202249447
CY2016Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2017Q3 sqft Real Estate Investment Property And Lease Intangibles Held For Investment At Cost
RealEstateInvestmentPropertyAndLeaseIntangiblesHeldForInvestmentAtCost
264313568
CY2016Q4 sqft Real Estate Investment Property And Lease Intangibles Held For Investment At Cost
RealEstateInvestmentPropertyAndLeaseIntangiblesHeldForInvestmentAtCost
260593061
CY2017Q3 sqft Real Estate Investment Property And Lease Intangibles Held For Investment Net
RealEstateInvestmentPropertyAndLeaseIntangiblesHeldForInvestmentNet
226961932
CY2016Q4 sqft Real Estate Investment Property And Lease Intangibles Held For Investment Net
RealEstateInvestmentPropertyAndLeaseIntangiblesHeldForInvestmentNet
227927373
CY2017Q3 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
12342411
CY2016Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
12594836
CY2017Q3 sqft Real Estate Investment Property And Lease Intangibles Held For Investment And Real Estate Held For Sale Net
RealEstateInvestmentPropertyAndLeaseIntangiblesHeldForInvestmentAndRealEstateHeldForSaleNet
239304343
CY2017Q3 us-gaap Operating Expenses
OperatingExpenses
6516009
dei Trading Symbol
TradingSymbol
SQFT
CY2017Q3 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
210372
CY2017Q3 us-gaap Revenues
Revenues
7963474
CY2017Q3 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
7661356
CY2017Q3 sqft Interest Expense Preferred Stock
InterestExpensePreferredStock
1202099
CY2017Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
1989053
us-gaap Interest Income Operating
InterestIncomeOperating
78224
CY2016Q3 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
700000
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
700000
CY2017Q3 sqft Real Estate Investment Property And Lease Intangibles Held For Investment Accumulated Depreciation And Amortization
RealEstateInvestmentPropertyAndLeaseIntangiblesHeldForInvestmentAccumulatedDepreciationAndAmortization
37351636
CY2016Q4 sqft Real Estate Investment Property And Lease Intangibles Held For Investment Accumulated Depreciation And Amortization
RealEstateInvestmentPropertyAndLeaseIntangiblesHeldForInvestmentAccumulatedDepreciationAndAmortization
32665688
CY2017Q3 sqft Mortgage Notes Payable Held For Investment Net
MortgageNotesPayableHeldForInvestmentNet
157018825
CY2016Q4 sqft Mortgage Notes Payable Held For Investment Net
MortgageNotesPayableHeldForInvestmentNet
152998857
CY2017Q3 sqft Mortgage Notes Payable Related To Real Estate Assets Held For Sale Net
MortgageNotesPayableRelatedToRealEstateAssetsHeldForSaleNet
5900258
CY2016Q4 sqft Mortgage Notes Payable Related To Real Estate Assets Held For Sale Net
MortgageNotesPayableRelatedToRealEstateAssetsHeldForSaleNet
5887254
CY2016Q4 us-gaap Minority Interest
MinorityInterest
12658777
CY2017Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
256553880
us-gaap Revenues
Revenues
24091925
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3715029
us-gaap Depreciation And Amortization
DepreciationAndAmortization
7723372
CY2017Q3 us-gaap Interest Income Operating
InterestIncomeOperating
10515
CY2016Q3 us-gaap Interest Income Operating
InterestIncomeOperating
9892
us-gaap Interest Income Operating
InterestIncomeOperating
25612
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
55749630
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
257999077
CY2016Q3 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
7693017
sqft Fee And Other Income
FeeAndOtherIncome
1257500
CY2016Q3 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
2576781
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-512425
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
13342994
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
9656060
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3495388
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
3620879
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-8645972
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
18979585
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
9217047
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
197148
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
55023
sqft Stock Issued During Period Value Dividends Declared Net Of Reinvested
StockIssuedDuringPeriodValueDividendsDeclaredNetOfReinvested
-2448955
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
17394
sqft Contributed Capital Less Distributions Of Noncontrolling Interests
ContributedCapitalLessDistributionsOfNoncontrollingInterests
1592414
us-gaap Restricted Stock Expense
RestrictedStockExpense
410760
us-gaap Restricted Stock Expense
RestrictedStockExpense
388602
us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
37205
us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
-54405
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
2237423
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
2121453
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
956956
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1081520
sqft Amortization Of Above Market Leases
AmortizationOfAboveMarketLeases
79013
sqft Amortization Of Above Market Leases
AmortizationOfAboveMarketLeases
139417
us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
240882
us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
345948
us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
-452427
us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
-660705
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-487961
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1000323
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
267164
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-1008736
sqft Change Accrued Real Estate Taxes
ChangeAccruedRealEstateTaxes
29155
sqft Change Accrued Real Estate Taxes
ChangeAccruedRealEstateTaxes
-473886
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4328197
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2465576
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
16810985
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
15774855
us-gaap Payments For Tenant Improvements
PaymentsForTenantImprovements
3156986
us-gaap Payments For Tenant Improvements
PaymentsForTenantImprovements
3713626
us-gaap Payments For Leasing Costs
PaymentsForLeasingCosts
407653
us-gaap Payments For Leasing Costs
PaymentsForLeasingCosts
710721
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
16463558
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
8560357
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-416678
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-2992873
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
320384
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-1923423
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6626423
CY2016Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4703000
sqft Interest Paid Preferred Stock Series B
InterestPaidPreferredStockSeriesB
5080417
sqft Interest Paid Mortgage Notes
InterestPaidMortgageNotes
5449481
us-gaap Stock Issued1
StockIssued1
1795040
sqft Accrual Of Dividends Payable
AccrualOfDividendsPayable
1155498
us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Use of Estimates.<font style="font-weight:normal;font-style:normal;"> The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the date of the financial statements, and the reported amounts of revenues and expenses during the reporting periods. Significant estimates include the allocation of purchase price paid for property acquisitions 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&#8217; ability to pay. Actual results may differ from those estimates.</font></p></div>
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
1592414
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
17394
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
3347690
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
4256973
sqft Interest Paid Preferred Stock Series B
InterestPaidPreferredStockSeriesB
3355983
sqft Interest Paid Mortgage Notes
InterestPaidMortgageNotes
5441424
us-gaap Stock Issued1
StockIssued1
1095434
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div> <p style="text-align:justify;margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">Reclassifications.<font style="font-weight:normal;font-style:normal;"> Certain reclassifications have been made to the previously presented consolidated financial statements and condensed consolidated financial statements to conform to the current period presentation. These reclassifications had no effect on previously reported results of consolidated operations or equity.</font></p></div>
sqft Number Of Limited Partnerships In Which Company Is Sole General Partner
NumberOfLimitedPartnershipsInWhichCompanyIsSoleGeneralPartner
2
sqft Number Of Partnerships That Purchase And Lease Back Model Homes From Developers In Which Company Is Limited Partner
NumberOfPartnershipsThatPurchaseAndLeaseBackModelHomesFromDevelopersInWhichCompanyIsLimitedPartner
4
us-gaap Key Provisions Of Operating Or Partnership Agreement Description
KeyProvisionsOfOperatingOrPartnershipAgreementDescription
The Company operates in the following partnerships during the periods covered by these condensed consolidated financial statements: The Company is the sole General Partner in two limited partnerships (NetREIT Palm Self-Storage LP and NetREIT Casa Grande LP), all with ownership in real estate income producing properties. The Company refers to these entities collectively, as the “NetREIT Partnerships”. In June 2016, the Company purchased the 5.99% outside interest in NetREIT Garden Gateway LP. The Company is the general and limited partner in four partnerships that purchase and lease back Model Homes from developers (“Dubose Model Home Investors #201, LP”, “Dubose Model Homes Investors #202, LP”, “Dubose Model Homes Investors #203, LP” and “NetREIT Dubose Model Home REIT, LP”). The Company refers to these entities collectively, as the “Model Home Partnerships”. The Company has determined that the entities described above, where it owns less than 100%, should be included in the Company’s consolidated financial statements as the Company directs their activities and has control of these limited partnerships.
CY2017Q3 sqft Real Estate Investment Property And Lease Intangibles Net
RealEstateInvestmentPropertyAndLeaseIntangiblesNet
239304000
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
365385
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearTwo
1320270
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearThree
1066827
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFour
850757
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFive
554344
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseRollingAfterYearFive
341202
CY2017Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4498785
CY2017Q3 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
394958
CY2016Q4 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
455632
CY2017Q3 sqft Notes Payable Including Unamortized Cost
NotesPayableIncludingUnamortizedCost
164701057
CY2016Q4 sqft Notes Payable Including Unamortized Cost
NotesPayableIncludingUnamortizedCost
160828604
CY2017Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
1781974
CY2016Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
1942493
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
774370
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
3651695
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
18982595
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
33158618
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
14496465
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
93637314
CY2017Q3 us-gaap Long Term Debt
LongTermDebt
164701057
sqft Preferred Stock Extend Redemption Date
PreferredStockExtendRedemptionDate
2019-08-01
sqft Preferred Stock Redemption Extension Fee
PreferredStockRedemptionExtensionFee
153500
sqft Cash Dividends Paid Net Of Reinvested Stock Dividends
CashDividendsPaidNetOfReinvestedStockDividends
3621000
sqft Cash Dividends Paid Net Of Reinvested Stock Dividends
CashDividendsPaidNetOfReinvestedStockDividends
3348000
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.10
CY2012Q1 sqft Registered Shares Of Common Stock Pursuant To Dividend Reinvestment Plan
RegisteredSharesOfCommonStockPursuantToDividendReinvestmentPlan
3000000
CY2012Q1 sqft Percentage Of Purchase Price Per Share
PercentageOfPurchasePricePerShare
0.95
CY2012Q1 sqft Sales Price Per Share Of Stock
SalesPricePerShareOfStock
9.50
CY2012Q1 sqft Payment Of Sales Commission Or Dealer Manager Fee
PaymentOfSalesCommissionOrDealerManagerFee
0
sqft Notice Period For Amendments To Dividend Reinvestment Plan
NoticePeriodForAmendmentsToDividendReinvestmentPlan
P30D
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
17400000
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
1834147
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
5169403
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
5276852
us-gaap Operating Income Loss
OperatingIncomeLoss
16660838
us-gaap Operating Income Loss
OperatingIncomeLoss
16456780
CY2017Q3 sqft General And Administrative Expense Including Income Tax Expense Benefit
GeneralAndAdministrativeExpenseIncludingIncomeTaxExpenseBenefit
1322631
CY2016Q3 sqft General And Administrative Expense Including Income Tax Expense Benefit
GeneralAndAdministrativeExpenseIncludingIncomeTaxExpenseBenefit
1252299
sqft General And Administrative Expense Including Income Tax Expense Benefit
GeneralAndAdministrativeExpenseIncludingIncomeTaxExpenseBenefit
3960202
sqft General And Administrative Expense Including Income Tax Expense Benefit
GeneralAndAdministrativeExpenseIncludingIncomeTaxExpenseBenefit
3715029
CY2017Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2399307
CY2016Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2564211
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
7346640
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
7723372
CY2017Q3 us-gaap Interest Expense
InterestExpense
3191152
CY2016Q3 us-gaap Interest Expense
InterestExpense
3323740
us-gaap Interest Expense
InterestExpense
9818767
us-gaap Interest Expense
InterestExpense
10187983
CY2017Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
210372
CY2016Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
732908
CY2017Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
243068137
CY2016Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
246969993
sqft Real Estate Acquisitions
RealEstateAcquisitions
19967971
sqft Real Estate Acquisitions
RealEstateAcquisitions
19488481

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