2012 Q4 Form 10-Q Financial Statement

#000110465912076069 Filed on November 08, 2012

View on sec.gov

Income Statement

Concept 2012 Q4 2012 Q3 2011 Q3
Revenue $26.88M $20.88M $14.84M
YoY Change 62.38% 40.68% 121.51%
Cost Of Revenue $4.200M $2.900M $2.600M
YoY Change 44.83% 11.54% 62.5%
Gross Profit $22.00M $18.20M $12.60M
YoY Change 61.76% 44.44% 147.06%
Gross Profit Margin 81.85% 87.17% 84.9%
Selling, General & Admin $4.600M $3.700M $2.500M
YoY Change 17.95% 48.0% 1150.0%
% of Gross Profit 20.91% 20.33% 19.84%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $15.00M $10.40M $8.300M
YoY Change 85.19% 25.3% 159.37%
% of Gross Profit 68.18% 57.14% 65.87%
Operating Expenses $19.10M $14.00M $10.20M
YoY Change 57.85% 37.25% 200.0%
Operating Profit $2.900M $4.200M $2.400M
YoY Change 93.33% 75.0% 41.18%
Interest Expense -$4.300M $3.558M $4.330M
YoY Change 19.44% -17.83% -217.03%
% of Operating Profit -148.28% 84.71% 180.42%
Other Income/Expense, Net $0.00 -$4.496M -$3.693M
YoY Change -100.0% 21.74%
Pretax Income -$3.200M -$1.300M -$1.700M
YoY Change 39.13% -23.53% -15.0%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$3.372M -$5.262M -$384.0K
YoY Change 33.07% 1270.31% -80.8%
Net Earnings / Revenue -12.55% -25.2% -2.59%
Basic Earnings Per Share
Diluted Earnings Per Share -$54.29K -$124.2K -$25.32K
COMMON SHARES
Basic Shares Outstanding 34.87M shares 15.82M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2012 Q4 2012 Q3 2011 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $19.00M $10.70M $12.00M
YoY Change 15.15% -10.83%
Cash & Equivalents $19.01M $10.68M $11.99M
Short-Term Investments
Other Short-Term Assets $1.600M $5.700M $1.800M
YoY Change 14.29% 216.67%
Inventory
Prepaid Expenses
Receivables $9.400M $7.100M $4.800M
Other Receivables $800.0K $400.0K $100.0K
Total Short-Term Assets $30.80M $23.90M $18.70M
YoY Change 28.87% 27.81%
LONG-TERM ASSETS
Property, Plant & Equipment $770.1M $613.9M $444.3M
YoY Change 63.05% 38.17%
Goodwill $4.923M $4.923M $4.923M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $10.20M $9.400M $9.900M
YoY Change 10.87% -5.05%
Total Long-Term Assets $974.3M $780.0M $562.2M
YoY Change 62.22% 38.73%
TOTAL ASSETS
Total Short-Term Assets $30.80M $23.90M $18.70M
Total Long-Term Assets $974.3M $780.0M $562.2M
Total Assets $1.005B $803.9M $580.9M
YoY Change 60.94% 38.38%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $12.10M $8.200M $100.0K
YoY Change 8100.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $249.3M $112.0M $17.50M
YoY Change 540.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $278.4M $136.9M $29.70M
YoY Change 1684.62% 360.94%
LONG-TERM LIABILITIES
Long-Term Debt $229.9M $161.9M $291.1M
YoY Change -22.54% -44.38%
Other Long-Term Liabilities $7.400M $6.100M $1.100M
YoY Change 252.38% 454.55%
Total Long-Term Liabilities $237.3M $168.0M $292.2M
YoY Change -20.61% -42.51%
TOTAL LIABILITIES
Total Short-Term Liabilities $278.4M $136.9M $29.70M
Total Long-Term Liabilities $237.3M $168.0M $292.2M
Total Liabilities $515.7M $304.9M $327.9M
YoY Change 63.91% -7.02%
SHAREHOLDERS EQUITY
Retained Earnings -$61.02M -$47.92M -$11.72M
YoY Change 231.92% 308.91%
Common Stock $420.0M $409.2M $181.5M
YoY Change 133.23% 125.42%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $427.6M $429.8M $169.8M
YoY Change
Total Liabilities & Shareholders Equity $1.005B $803.9M $580.9M
YoY Change 60.94% 38.39%

Cashflow Statement

Concept 2012 Q4 2012 Q3 2011 Q3
OPERATING ACTIVITIES
Net Income -$3.372M -$5.262M -$384.0K
YoY Change 33.07% 1270.31% -80.8%
Depreciation, Depletion And Amortization $15.00M $10.40M $8.300M
YoY Change 85.19% 25.3% 159.37%
Cash From Operating Activities $17.80M $12.60M $8.800M
YoY Change 334.15% 43.18% 300.0%
INVESTING ACTIVITIES
Capital Expenditures -$212.0M -$101.3M -$49.50M
YoY Change 345.38% 104.65% 9800.0%
Acquisitions
YoY Change
Other Investing Activities $6.100M $800.0K -$700.0K
YoY Change 19.61% -214.29% -800.0%
Cash From Investing Activities -$205.9M -$100.4M -$50.20M
YoY Change 385.61% 100.0% 9940.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 196.4M 93.40M 40.10M
YoY Change 358.88% 132.92% -1704.0%
NET CHANGE
Cash From Operating Activities 17.80M 12.60M 8.800M
Cash From Investing Activities -205.9M -100.4M -50.20M
Cash From Financing Activities 196.4M 93.40M 40.10M
Net Change In Cash 8.300M 5.600M -1.300M
YoY Change 84.44% -530.77% 62.5%
FREE CASH FLOW
Cash From Operating Activities $17.80M $12.60M $8.800M
Capital Expenditures -$212.0M -$101.3M -$49.50M
Free Cash Flow $229.8M $113.9M $58.30M
YoY Change 344.49% 95.37% 2059.26%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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us-gaap Investment Income Interest
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dei Entity Registrant Name
EntityRegistrantName
STAG Industrial, Inc.
dei Entity Central Index Key
EntityCentralIndexKey
0001479094
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2012-09-30
dei Amendment Flag
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dei Current Fiscal Year End Date
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dei Entity Current Reporting Status
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dei Entity Filer Category
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dei Document Fiscal Year Focus
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dei Document Fiscal Period Focus
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stag Offering Costs
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us-gaap Use Of Estimates
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<table style="font-size:10pt; font-family:'Times New Roman',times,serif;"> <tr> <td> <p style="MARGIN: 0in 0in 0pt"><b><i><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman" size="2">Use of Estimates</font></i></b></p> <p style="MARGIN: 0in 0in 0pt; TEXT-ALIGN: center" align="center"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">&#160;</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">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 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.</font></p></td></tr></table>
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us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-7840000 USD
us-gaap Minority Interest In Net Income Loss Preferred Unit Holders
MinorityInterestInNetIncomeLossPreferredUnitHolders
4659000 USD
CY2012Q3 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
-1248000 USD
CY2012Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-5262000 USD
CY2011Q3 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
-567000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
26000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
9000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
35000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-9327000 USD
us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
-3253000 USD
CY2012Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
29752057 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
21716590 shares
us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
-0.43
us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
-2521000 USD
us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
0.02
us-gaap Real Estate Revenue Net
RealEstateRevenueNet
59713000 USD
CY2012Q3 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
21727000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-5049000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
366000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
733000 USD
us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
-0.33
CY2011Q4 stag Debt Instrument Reference Rate
DebtInstrumentReferenceRate
0.00295 pure
CY2012Q3 stag Debt Instrument Reference Rate
DebtInstrumentReferenceRate
0.00214 pure
CY2012Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.18
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.43
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
17042000 USD
CY2011Q3 us-gaap Profit Loss
ProfitLoss
-572000 USD
CY2012Q3 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
31 state
CY2012Q3 stag Properties Leased To Number Of Tenants
PropertiesLeasedToNumberOfTenants
116 tenant
CY2012Q3 us-gaap Goodwill
Goodwill
4923000 USD
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
63271000 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
373000 USD
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
70485000 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-2948000 USD
stag Business Acquisitions Pro Forma Net Income Loss Attributable To Parent
BusinessAcquisitionsProFormaNetIncomeLossAttributableToParent
249000 USD
stag Business Acquisitions Pro Forma Weighted Average Shares Outstanding
BusinessAcquisitionsProFormaWeightedAverageSharesOutstanding
15524807 shares
stag Payments Of Offering Costs
PaymentsOfOfferingCosts
10863000 USD
stag Real Estate Taxes Tenant Responsibility
RealEstateTaxesTenantResponsibility
4900000 USD
CY2012Q3 stag Real Estate Taxes Tenant Responsibility
RealEstateTaxesTenantResponsibility
1900000 USD
stag Real Estate Taxes Tenant Responsibility
RealEstateTaxesTenantResponsibility
2400000 USD
stag State And Local Income Excise And Franchise Taxes
StateAndLocalIncomeExciseAndFranchiseTaxes
100000 USD
CY2012Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
34873975 shares
CY2012Q3 us-gaap Land
Land
90337000 USD
CY2012Q3 stag Buildings
Buildings
517030000 USD
CY2012Q3 us-gaap Tenant Improvements
TenantImprovements
31586000 USD
CY2012Q3 stag Buildings Improvements
BuildingsImprovements
16836000 USD
CY2012Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
41881000 USD
CY2012Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
613908000 USD
CY2012Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
5768000 USD
CY2012Q3 us-gaap Accounts Receivable Net
AccountsReceivableNet
7100000 USD
CY2012Q3 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
5706000 USD
CY2012Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
3646000 USD
CY2012Q3 stag Leasing Commissions Net
LeasingCommissionsNet
1335000 USD
CY2012Q3 us-gaap Due From Related Parties
DueFromRelatedParties
375000 USD
CY2012Q3 us-gaap Assets
Assets
803911000 USD
CY2012Q3 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
8179000 USD
CY2012Q3 us-gaap Customer Advances And Deposits
CustomerAdvancesAndDeposits
3970000 USD
CY2012Q3 stag Deferred Leasing Intangibles Liabilities Net
DeferredLeasingIntangiblesLiabilitiesNet
5513000 USD
CY2012Q3 us-gaap Preferred Stock Value
PreferredStockValue
69000000 USD
CY2012Q3 us-gaap Common Stock Value
CommonStockValue
349000 USD
CY2012Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
408834000 USD
CY2012Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-47916000 USD
CY2012Q3 us-gaap Stockholders Equity
StockholdersEquity
429840000 USD
CY2012Q3 us-gaap Minority Interest
MinorityInterest
69166000 USD
CY2012Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
803911000 USD
CY2012Q3 stag Rental Income
RentalIncome
19261000 USD
CY2012Q3 us-gaap Tenant Reimbursements
TenantReimbursements
2135000 USD
CY2012Q3 us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
331000 USD
stag Rental Income
RentalIncome
52448000 USD
us-gaap Tenant Reimbursements
TenantReimbursements
6283000 USD
us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
982000 USD
CY2012Q3 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
1345000 USD
CY2012Q3 us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
40000 USD
us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
40000 USD
CY2012Q3 us-gaap Derivative Credit Risk Valuation Adjustment Derivative Liabilities
DerivativeCreditRiskValuationAdjustmentDerivativeLiabilities
100000 USD
us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
4439000 USD
CY2012Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3656000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
9962000 USD
CY2012Q3 us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
1677000 USD
us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
4816000 USD
CY2012Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
10354000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
28465000 USD
us-gaap Other Expenses
OtherExpenses
146000 USD
CY2012Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
9000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
17000 USD
CY2012Q3 us-gaap Interest Expense
InterestExpense
3578000 USD
CY2012Q2 stag Net Rentable Area After Exercise Of Option By Tenant To Downsize The Space As Per Lease Agreement
NetRentableAreaAfterExerciseOfOptionByTenantToDownsizeTheSpaceAsPerLeaseAgreement
60000
CY2012Q2 us-gaap Fair Value Inputs Discount Rate
FairValueInputsDiscountRate
0.114 pure
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
28486000 USD
us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
3481000 USD
us-gaap Interest Expense
InterestExpense
11888000 USD
CY2012Q3 stag Restricted Cash Amount Held By Transfer Agent For Preferred Stock Dividend
RestrictedCashAmountHeldByTransferAgentForPreferredStockDividend
1600000 USD
CY2012Q3 us-gaap Business Acquisition Purchase Price Allocation Land
BusinessAcquisitionPurchasePriceAllocationLand
20062000 USD
CY2012Q3 us-gaap Business Acquisition Purchase Price Allocation Buildings
BusinessAcquisitionPurchasePriceAllocationBuildings
127819000 USD
CY2012Q3 stag Business Acquisition Purchase Price Allocation Tenant Improvements
BusinessAcquisitionPurchasePriceAllocationTenantImprovements
6736000 USD
CY2012Q3 stag Business Acquisition Purchase Price Allocation Cash And Escrow For Capital Additions
BusinessAcquisitionPurchasePriceAllocationCashAndEscrowForCapitalAdditions
785000 USD
CY2012Q3 stag Business Acquisition Purchase Price Allocation Assets Acquired Including Long Term Liabilities Assumed
BusinessAcquisitionPurchasePriceAllocationAssetsAcquiredIncludingLongTermLiabilitiesAssumed
212510000 USD
CY2012Q3 us-gaap Business Acquisition Purchase Price Allocation Assets Acquired Liabilities Assumed Net
BusinessAcquisitionPurchasePriceAllocationAssetsAcquiredLiabilitiesAssumedNet
212510000 USD
CY2012Q2 us-gaap Net Rentable Area
NetRentableArea
190000
stag Transaction Costs
TransactionCosts
3789000 USD
CY2012Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
3941000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
4563000 USD
CY2012Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-947000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-929000 USD
CY2011Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
1153000 USD
us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
-184000 USD
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
219000 USD
CY2012Q3 us-gaap Profit Loss
ProfitLoss
-4916000 USD
us-gaap Profit Loss
ProfitLoss
-7805000 USD
CY2012Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-1248000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-3244000 USD
CY2012Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-5262000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-9301000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
0.05
CY2012Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.27
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.80
stag Amortization Of Tenant Straight Line Receivable
AmortizationOfTenantStraightLineReceivable
-1733000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
317000 USD
stag Increase Decrease In Leasing Commissions Net
IncreaseDecreaseInLeasingCommissionsNet
567000 USD
us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
943000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
716000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
2308000 USD
stag Increase Decrease In Tenant Security Deposits And Prepaid Rent
IncreaseDecreaseInTenantSecurityDepositsAndPrepaidRent
492000 USD
stag Non Cash Interest Expense
NonCashInterestExpense
755000 USD
stag Non Cash Interest Expense
NonCashInterestExpense
538000 USD
CY2012Q3 us-gaap Interest Rate Derivative Instruments Not Designated As Hedging Instruments Liability At Fair Value
InterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
577000 USD
CY2011Q3 us-gaap Tenant Reimbursements
TenantReimbursements
1438000 USD
CY2011Q3 us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
321000 USD
CY2011Q3 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
15153000 USD
CY2011Q3 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
1315000 USD
CY2011Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2453000 USD
CY2011Q3 us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
1284000 USD
CY2011Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
368000 USD
CY2011Q3 us-gaap Costs And Expenses
CostsAndExpenses
13185000 USD
CY2011Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
6000 USD
us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
-25000 USD
us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
38011000 USD
us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
3216000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-3339000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
54239000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-211310000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
124300000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
124300000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
9252000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
143985000 USD
stag Payment Of Cash Distribution To Members
PaymentOfCashDistributionToMembers
24296000 USD
us-gaap Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
3675000 USD
stag Adjustments To Additional Paid In Capital Transaction Related Costs
AdjustmentsToAdditionalPaidInCapitalTransactionRelatedCosts
10863000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
237568000 USD
stag Restricted Cash For Dividends
RestrictedCashForDividends
-1553000 USD
CY2011Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2012Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
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CY2011Q4 us-gaap Business Acquisition Purchase Price Allocation Land
BusinessAcquisitionPurchasePriceAllocationLand
46806000 USD
CY2011Q4 us-gaap Business Acquisition Purchase Price Allocation Buildings
BusinessAcquisitionPurchasePriceAllocationBuildings
229688000 USD
CY2011Q4 stag Business Acquisition Purchase Price Allocation Tenant Improvements
BusinessAcquisitionPurchasePriceAllocationTenantImprovements
15982000 USD
CY2011Q4 stag Business Acquisition Purchase Price Allocation Cash And Escrow For Capital Additions
BusinessAcquisitionPurchasePriceAllocationCashAndEscrowForCapitalAdditions
1400000 USD
CY2011Q4 us-gaap Business Acquisition Purchase Price Allocation Other Liabilities
BusinessAcquisitionPurchasePriceAllocationOtherLiabilities
171000 USD
CY2011Q4 stag Business Acquisition Purchase Price Allocation Interest Rate Swaps
BusinessAcquisitionPurchasePriceAllocationInterestRateSwaps
420000 USD
CY2011Q4 us-gaap Business Acquisition Purchase Price Allocation Goodwill Amount
BusinessAcquisitionPurchasePriceAllocationGoodwillAmount
4923000 USD
CY2011Q4 stag Business Acquisition Purchase Price Allocation Above Below Market Assumed Debt Adjustment
BusinessAcquisitionPurchasePriceAllocationAboveBelowMarketAssumedDebtAdjustment
675000 USD
CY2011Q4 stag Business Acquisition Purchase Price Allocation Assets Acquired Including Long Term Liabilities Assumed
BusinessAcquisitionPurchasePriceAllocationAssetsAcquiredIncludingLongTermLiabilitiesAssumed
414827000 USD
CY2011Q4 us-gaap Business Acquisition Purchase Price Allocation Noncurrent Liabilities
BusinessAcquisitionPurchasePriceAllocationNoncurrentLiabilities
206253000 USD
CY2011Q4 us-gaap Business Acquisition Purchase Price Allocation Assets Acquired Liabilities Assumed Net
BusinessAcquisitionPurchasePriceAllocationAssetsAcquiredLiabilitiesAssumedNet
208574000 USD
CY2011Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
277000 USD
CY2012Q3 stag Incremental Amount Allocated To Holders Of Nonvested Restricted Shares
IncrementalAmountAllocatedToHoldersOfNonvestedRestrictedShares
-41000 USD
stag Incremental Amount Allocated To Holders Of Nonvested Restricted Shares
IncrementalAmountAllocatedToHoldersOfNonvestedRestrictedShares
-81000 USD
stag Issuance Of Units For Services
IssuanceOfUnitsForServices
225000 USD
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
-3668000 USD
us-gaap Net Income Loss
NetIncomeLoss
-4316000 USD
us-gaap Net Income Loss
NetIncomeLoss
-4561000 USD
CY2012Q3 us-gaap Participating Securities Distributed And Undistributed Earnings
ParticipatingSecuritiesDistributedAndUndistributedEarnings
41000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings
ParticipatingSecuritiesDistributedAndUndistributedEarnings
81000 USD
CY2011Q3 us-gaap Interest Expense
InterestExpense
4330000 USD
CY2011Q3 us-gaap Gain Loss On Interest Rate Derivative Instruments Not Designated As Hedging Instruments
GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
770000 USD
CY2011Q3 stag Transaction Costs
TransactionCosts
61000 USD
CY2011Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-3693000 USD
CY2011Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-1725000 USD
CY2011Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-188000 USD
CY2012Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-577000 USD
us-gaap Proceeds From Unsecured Lines Of Credit
ProceedsFromUnsecuredLinesOfCredit
12000000 USD
CY2011Q3 us-gaap Net Income Loss
NetIncomeLoss
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CY2011Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.02
CY2011Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-384000 USD
CY2011Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
15815282 shares
CY2011Q3 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
-0.07
CY2011Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.26
CY2011Q3 stag Real Estate Taxes Tenant Responsibility
RealEstateTaxesTenantResponsibility
1400000 USD
CY2012Q3 us-gaap Unsecured Long Term Debt
UnsecuredLongTermDebt
100000000 USD
CY2012Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
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stag Offering Costs
OfferingCosts
78000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-577000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-577000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-150000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-4988000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-4316000 USD
CY2011Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-384000 USD
CY2012Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-111000 USD
CY2012Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-4134000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-8382000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-6471000 USD
CY2011Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-572000 USD
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
100000000 USD
CY2012Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-5493000 USD
CY2011Q3 stag Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Measurement Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsMeasurementPeriod
P3Y
CY2012Q3 stag Unsecured Credit Facility
UnsecuredCreditFacility
12000000 USD
CY2012Q3 stag Business Acquisition Purchase Price Allocation Building And Land Improvements
BusinessAcquisitionPurchasePriceAllocationBuildingAndLandImprovements
2869000 USD
CY2012Q3 invest Derivative Notional Amount
DerivativeNotionalAmount
100000000 USD
CY2012Q3 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
500000 USD
CY2012Q3 us-gaap Derivative Instruments Loss Recognized In Other Comprehensive Income Effective Portion
DerivativeInstrumentsLossRecognizedInOtherComprehensiveIncomeEffectivePortion
577 USD
us-gaap Derivative Instruments Loss Recognized In Other Comprehensive Income Effective Portion
DerivativeInstrumentsLossRecognizedInOtherComprehensiveIncomeEffectivePortion
577 USD
us-gaap Gain Loss On Interest Rate Derivative Instruments Not Designated As Hedging Instruments
GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
800000 USD
CY2012Q3 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
500000 USD
CY2012Q3 us-gaap Assets Needed For Immediate Settlement Aggregate Fair Value
AssetsNeededForImmediateSettlementAggregateFairValue
500000 USD
CY2012Q3 us-gaap Derivative Number Of Instruments Held
DerivativeNumberOfInstrumentsHeld
7 item
CY2012Q3 us-gaap Notional Amount Of Interest Rate Derivative Instruments Not Designated As Hedging Instruments
NotionalAmountOfInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
100000000 USD
CY2012Q3 us-gaap Unsecured Debt
UnsecuredDebt
150000000 USD
CY2011Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
6159000 USD
CY2012Q3 us-gaap Long Term Debt
LongTermDebt
273894000 USD
CY2011Q4 us-gaap Long Term Debt
LongTermDebt
296779000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
159951000 USD
CY2011Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-1158000 USD
CY2011Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
379000 USD
CY2011Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
774000 USD
us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
205563000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
237568000 USD
CY2012Q3 stag Debt Instrument Portion Of Total From Variable Rate Basis To Fixed Interest Rate
DebtInstrumentPortionOfTotalFromVariableRateBasisToFixedInterestRate
100000000 USD
CY2011Q3 stag Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Maximum Amount Of Aggregate Reward
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsMaximumAmountOfAggregateReward
10000000 USD
CY2011Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
1200000 USD
CY2012Q3 stag Debt Instrument Book Value Of Collateratized Properties
DebtInstrumentBookValueOfCollateratizedProperties
181200000 USD
CY2011Q4 stag Debt Instrument Book Value Of Collateratized Properties
DebtInstrumentBookValueOfCollateratizedProperties
451600000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
0.00
us-gaap Interest Paid
InterestPaid
7026000 USD
us-gaap Interest Paid
InterestPaid
11132000 USD
CY2011Q3 stag Noncash Or Part Noncash Acquisition Tangible Assets
NoncashOrPartNoncashAcquisitionTangibleAssets
211501000 USD
CY2011Q3 stag Noncash Or Part Noncash Acquisition Goodwill
NoncashOrPartNoncashAcquisitionGoodwill
4923000 USD
us-gaap Noncash Or Part Noncash Acquisition Intangible Assets Acquired1
NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1
83442000 USD
us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
-197723000 USD
CY2011Q3 stag Noncash Or Part Noncash Acquisition Fair Market Value Adjustment Mortgage Notes Payable
NoncashOrPartNoncashAcquisitionFairMarketValueAdjustmentMortgageNotesPayable
-350000 USD
stag Noncash Or Part Noncash Acquisition Purchase Price Allocation Notes Payable To Related Parties
NoncashOrPartNoncashAcquisitionPurchasePriceAllocationNotesPayableToRelatedParties
4466000 USD
CY2011Q3 stag Noncash Or Part Noncash Acquisition Purchase Price Allocation Intangible Assets
NoncashOrPartNoncashAcquisitionPurchasePriceAllocationIntangibleAssets
1066000 USD
stag Business Acquisition Purchase Price Allocation Interest Rate Swap
BusinessAcquisitionPurchasePriceAllocationInterestRateSwap
420000 USD
us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
171000 USD
stag Noncash Or Part Noncash Acquisition Purchase Price Allocation Issuance Of Units
NoncashOrPartNoncashAcquisitionPurchasePriceAllocationIssuanceOfUnits
95670000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
-420000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
-377000 USD
CY2011Q4 us-gaap Line Of Credit
LineOfCredit
0 USD

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