2013 Q4 Form 10-Q Financial Statement

#000110465913081587 Filed on November 06, 2013

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2012 Q3
Revenue $37.42M $34.64M $20.88M
YoY Change 39.22% 65.94% 40.68%
Cost Of Revenue $6.800M $6.300M $2.900M
YoY Change 61.9% 117.24% 11.54%
Gross Profit $30.60M $28.30M $18.20M
YoY Change 39.09% 55.49% 44.44%
Gross Profit Margin 81.78% 81.69% 87.17%
Selling, General & Admin $4.500M $4.400M $3.700M
YoY Change -2.17% 18.92% 48.0%
% of Gross Profit 14.71% 15.55% 20.33%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $21.10M $17.50M $10.40M
YoY Change 40.67% 68.27% 25.3%
% of Gross Profit 68.95% 61.84% 57.14%
Operating Expenses $23.40M $21.70M $14.00M
YoY Change 22.51% 55.0% 37.25%
Operating Profit $7.200M $6.600M $4.200M
YoY Change 148.28% 57.14% 75.0%
Interest Expense -$5.400M $5.370M $3.558M
YoY Change 25.58% 50.93% -17.83%
% of Operating Profit -75.0% 81.36% 84.71%
Other Income/Expense, Net -$5.367M -$4.496M
YoY Change 19.37% 21.74%
Pretax Income $1.100M $300.0K -$1.300M
YoY Change -134.38% -123.08% -23.53%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income 0.0% 0.0%
Net Earnings $2.098M -$2.147M -$5.262M
YoY Change -162.22% -59.2% 1270.31%
Net Earnings / Revenue 5.61% -6.2% -25.2%
Basic Earnings Per Share
Diluted Earnings Per Share $111.1K $12.88K -$124.2K
COMMON SHARES
Basic Shares Outstanding 44.16M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2013 Q4 2013 Q3 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.700M $23.90M $10.70M
YoY Change -64.74% 123.36% -10.83%
Cash & Equivalents $6.690M $23.91M $10.68M
Short-Term Investments
Other Short-Term Assets $16.50M $3.600M $5.700M
YoY Change 931.25% -36.84% 216.67%
Inventory
Prepaid Expenses
Receivables $13.80M $12.90M $7.100M
Other Receivables $200.0K $200.0K $400.0K
Total Short-Term Assets $37.20M $40.60M $23.90M
YoY Change 20.78% 69.87% 27.81%
LONG-TERM ASSETS
Property, Plant & Equipment $1.007B $942.4M $613.9M
YoY Change 30.81% 53.51% 38.17%
Goodwill $4.923M $4.923M $4.923M
YoY Change 0.0% 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $6.800M $12.20M $9.400M
YoY Change -33.33% 29.79% -5.05%
Total Long-Term Assets $1.233B $1.173B $780.0M
YoY Change 26.56% 50.33% 38.73%
TOTAL ASSETS
Total Short-Term Assets $37.20M $40.60M $23.90M
Total Long-Term Assets $1.233B $1.173B $780.0M
Total Assets $1.270B $1.213B $803.9M
YoY Change 26.38% 50.91% 38.38%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $18.60M $16.20M $8.200M
YoY Change 53.72% 97.56% 8100.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $270.0M $112.0M
YoY Change -100.0% 141.07% 540.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $32.70M $309.4M $136.9M
YoY Change -88.25% 126.0% 360.94%
LONG-TERM LIABILITIES
Long-Term Debt $556.1M $226.7M $161.9M
YoY Change 141.89% 40.02% -44.38%
Other Long-Term Liabilities $6.900M $7.000M $6.100M
YoY Change -6.76% 14.75% 454.55%
Total Long-Term Liabilities $563.0M $233.7M $168.0M
YoY Change 137.25% 39.11% -42.51%
TOTAL LIABILITIES
Total Short-Term Liabilities $32.70M $309.4M $136.9M
Total Long-Term Liabilities $563.0M $233.7M $168.0M
Total Liabilities $595.7M $543.1M $304.9M
YoY Change 15.52% 78.12% -7.02%
SHAREHOLDERS EQUITY
Retained Earnings -$116.9M -$105.7M -$47.92M
YoY Change 91.53% 120.59% 308.91%
Common Stock $577.5M $563.0M $409.2M
YoY Change 37.5% 37.58% 125.42%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $603.0M $598.2M $429.8M
YoY Change
Total Liabilities & Shareholders Equity $1.270B $1.213B $803.9M
YoY Change 26.38% 50.91% 38.39%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2012 Q3
OPERATING ACTIVITIES
Net Income $2.098M -$2.147M -$5.262M
YoY Change -162.22% -59.2% 1270.31%
Depreciation, Depletion And Amortization $21.10M $17.50M $10.40M
YoY Change 40.67% 68.27% 25.3%
Cash From Operating Activities $27.50M $21.50M $12.60M
YoY Change 54.49% 70.63% 43.18%
INVESTING ACTIVITIES
Capital Expenditures -$99.50M -$79.80M -$101.3M
YoY Change -53.07% -21.22% 104.65%
Acquisitions
YoY Change
Other Investing Activities $9.100M -$100.0K $800.0K
YoY Change 49.18% -112.5% -214.29%
Cash From Investing Activities -$90.30M -$79.90M -$100.4M
YoY Change -56.14% -20.42% 100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 45.60M 62.60M 93.40M
YoY Change -76.78% -32.98% 132.92%
NET CHANGE
Cash From Operating Activities 27.50M 21.50M 12.60M
Cash From Investing Activities -90.30M -79.90M -100.4M
Cash From Financing Activities 45.60M 62.60M 93.40M
Net Change In Cash -17.20M 4.200M 5.600M
YoY Change -307.23% -25.0% -530.77%
FREE CASH FLOW
Cash From Operating Activities $27.50M $21.50M $12.60M
Capital Expenditures -$99.50M -$79.80M -$101.3M
Free Cash Flow $127.0M $101.3M $113.9M
YoY Change -44.73% -11.06% 95.37%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
-0.03
us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
-0.40
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
0.01
CY2013Q3 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
200 item
CY2013Q3 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
34 item
CY2013Q3 stag Area Of Rentable Property Owned
AreaOfRentablePropertyOwned
35300000
CY2013Q3 stag Number Of Warehouse Or Distribution Properties Owned
NumberOfWarehouseOrDistributionPropertiesOwned
136 item
CY2013Q3 stag Number Of Manufacturing Properties Owned
NumberOfManufacturingPropertiesOwned
44 item
CY2013Q3 stag Number Of Office Or Flex Properties Owned
NumberOfOfficeOrFlexPropertiesOwned
20 item
stag Number Of Vacant Land Parcels Owned
NumberOfVacantLandParcelsOwned
1 item
CY2013Q3 stag Percentage Property Leased To Tenant
PercentagePropertyLeasedToTenant
0.940 pure
CY2013Q3 stag Properties Leased To Number Of Tenants
PropertiesLeasedToNumberOfTenants
180 item
CY2012Q4 stag Business Acquisition Purchase Price Allocation Tenant Improvements
BusinessAcquisitionPurchasePriceAllocationTenantImprovements
10624000 USD
CY2012Q4 stag Business Acquisition Purchase Price Allocation Cash And Escrow For Capital Additions
BusinessAcquisitionPurchasePriceAllocationCashAndEscrowForCapitalAdditions
785000 USD
CY2013Q3 stag Business Acquisition Purchase Price Allocation Building And Land Improvements
BusinessAcquisitionPurchasePriceAllocationBuildingAndLandImprovements
5470000 USD
CY2012Q4 stag Business Acquisition Purchase Price Allocation Building And Land Improvements
BusinessAcquisitionPurchasePriceAllocationBuildingAndLandImprovements
7488000 USD
CY2013Q3 us-gaap Business Acquisition Purchase Price Allocation Assets Acquired Liabilities Assumed Net
BusinessAcquisitionPurchasePriceAllocationAssetsAcquiredLiabilitiesAssumedNet
246958000 USD
CY2012Q4 us-gaap Business Acquisition Purchase Price Allocation Assets Acquired Liabilities Assumed Net
BusinessAcquisitionPurchasePriceAllocationAssetsAcquiredLiabilitiesAssumedNet
423908000 USD
CY2013Q2 stag Number Of Buildings Acquired Through Issuance Of Common Stock
NumberOfBuildingsAcquiredThroughIssuanceOfCommonStock
8 property
CY2013Q2 stag Equity Interests Issued Or Issuable Number Of Shares Of Operating Partnership Issued
EquityInterestsIssuedOrIssuableNumberOfSharesOfOperatingPartnershipIssued
555758 shares
CY2013Q2 stag Equity Interests Issued Or Issuable Fair Value Of Shares Of Operating Partnership Issued
EquityInterestsIssuedOrIssuableFairValueOfSharesOfOperatingPartnershipIssued
11500000 USD
CY2013Q2 us-gaap Business Acquisition Cost Of Acquired Entity Cash Paid
BusinessAcquisitionCostOfAcquiredEntityCashPaid
40100000 USD
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
108090000 USD
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
88597000 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
5468000 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-6961000 USD
stag Business Acquisitions Pro Forma Net Income Loss Attributable To Parent
BusinessAcquisitionsProFormaNetIncomeLossAttributableToParent
-1334000 USD
us-gaap Interest Paid
InterestPaid
14096000 USD
us-gaap Interest Paid
InterestPaid
11132000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
11984000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
377000 USD
us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
11499000 USD
CY2013Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
942376000 USD
CY2012Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
12722000 USD
CY2013Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
300000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
900000 USD
CY2012Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
300000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
900000 USD
CY2013Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
4000 USD
CY2012Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
0 USD
CY2013Q3 stag Accrued Rental Revenue
AccruedRentalRevenue
8500000 USD
CY2012Q4 stag Accrued Rental Revenue
AccruedRentalRevenue
6400000 USD
CY2013Q3 stag Allowance On Accrued Rental Revenue
AllowanceOnAccruedRentalRevenue
0 USD
CY2012Q4 stag Allowance On Accrued Rental Revenue
AllowanceOnAccruedRentalRevenue
0 USD
CY2013Q3 stag Lease Security Deposits Available In Letters Of Credit
LeaseSecurityDepositsAvailableInLettersOfCredit
4900000 USD
CY2012Q4 stag Lease Security Deposits Available In Letters Of Credit
LeaseSecurityDepositsAvailableInLettersOfCredit
4800000 USD
CY2013Q3 stag Lease Security Deposits Available In Cash
LeaseSecurityDepositsAvailableInCash
2800000 USD
CY2012Q4 stag Lease Security Deposits Available In Cash
LeaseSecurityDepositsAvailableInCash
2000000 USD
CY2013Q3 stag Real Estate Taxes Tenant Responsibility
RealEstateTaxesTenantResponsibility
2400000 USD
stag Real Estate Taxes Tenant Responsibility
RealEstateTaxesTenantResponsibility
7000000 USD
CY2012Q3 stag Real Estate Taxes Tenant Responsibility
RealEstateTaxesTenantResponsibility
1900000 USD
stag Real Estate Taxes Tenant Responsibility
RealEstateTaxesTenantResponsibility
4900000 USD
CY2013Q3 stag State And Local Income Excise And Franchise Taxes
StateAndLocalIncomeExciseAndFranchiseTaxes
100000 USD
stag State And Local Income Excise And Franchise Taxes
StateAndLocalIncomeExciseAndFranchiseTaxes
300000 USD
CY2012Q3 stag State And Local Income Excise And Franchise Taxes
StateAndLocalIncomeExciseAndFranchiseTaxes
100000 USD
stag State And Local Income Excise And Franchise Taxes
StateAndLocalIncomeExciseAndFranchiseTaxes
100000 USD
CY2013Q3 stag Liability For Uncertain Tax Positions Current And Noncurrent
LiabilityForUncertainTaxPositionsCurrentAndNoncurrent
0 USD
CY2013Q3 stag Net Rentable Area After Exercise Of Option By Tenant To Downsize The Space As Per Lease Agreement
NetRentableAreaAfterExerciseOfOptionByTenantToDownsizeTheSpaceAsPerLeaseAgreement
60000
stag Business Acquisitions Pro Forma Net Income Loss Attributable To Parent
BusinessAcquisitionsProFormaNetIncomeLossAttributableToParent
-8677000 USD
stag Business Acquisitions Pro Forma Weighted Average Shares Outstanding
BusinessAcquisitionsProFormaWeightedAverageSharesOutstanding
41766740 shares
CY2013Q3 us-gaap Net Rentable Area
NetRentableArea
190000
stag Business Acquisitions Pro Forma Weighted Average Shares Outstanding
BusinessAcquisitionsProFormaWeightedAverageSharesOutstanding
21716590 shares
CY2013Q3 us-gaap Area Of Real Estate Property
AreaOfRealEstateProperty
5955086
CY2012Q4 us-gaap Area Of Real Estate Property
AreaOfRealEstateProperty
12829194
stag Number Of Properties Acquired
NumberOfPropertiesAcquired
29 property
CY2012 stag Number Of Properties Acquired
NumberOfPropertiesAcquired
70 property
CY2013Q3 us-gaap Business Acquisition Purchase Price Allocation Land
BusinessAcquisitionPurchasePriceAllocationLand
22824000 USD
CY2012Q4 us-gaap Business Acquisition Purchase Price Allocation Land
BusinessAcquisitionPurchasePriceAllocationLand
34991000 USD
CY2013Q3 us-gaap Business Acquisition Purchase Price Allocation Buildings
BusinessAcquisitionPurchasePriceAllocationBuildings
160057000 USD
CY2012Q4 us-gaap Business Acquisition Purchase Price Allocation Buildings
BusinessAcquisitionPurchasePriceAllocationBuildings
269616000 USD
CY2013Q3 stag Business Acquisition Purchase Price Allocation Tenant Improvements
BusinessAcquisitionPurchasePriceAllocationTenantImprovements
1768000 USD
CY2013Q3 us-gaap Assets
Assets
1213152000 USD
CY2012Q4 stag Deferred Leasing Intangibles Liabilities Net
DeferredLeasingIntangiblesLiabilitiesNet
6871000 USD
CY2013Q3 stag Deferred Leasing Intangibles Assets Net
DeferredLeasingIntangiblesAssetsNet
208097000 USD
CY2013Q3 us-gaap Derivative Instruments Loss Reclassified From Accumulated Oci Into Income Effective Portion
DerivativeInstrumentsLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortion
476000 USD
us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
-577000 USD
us-gaap Derivative Instruments Loss Reclassified From Accumulated Oci Into Income Effective Portion
DerivativeInstrumentsLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortion
856000 USD
CY2013Q3 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
100000 USD
CY2013Q3 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
-2200000 USD
CY2013Q3 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
-1510000 USD
CY2012Q3 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
-577000 USD
us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
1776000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-874000 USD
us-gaap Fair Value Inputs Discount Rate
FairValueInputsDiscountRate
0.114 pure
CY2012 us-gaap Debt Instrument Description Of Variable Rate Basis
DebtInstrumentDescriptionOfVariableRateBasis
One-month LIBOR
us-gaap Debt Instrument Description Of Variable Rate Basis
DebtInstrumentDescriptionOfVariableRateBasis
One-month LIBOR
CY2013Q3 stag Debt Instrument Reference Rate
DebtInstrumentReferenceRate
0.0017885 pure
CY2012Q4 stag Debt Instrument Reference Rate
DebtInstrumentReferenceRate
0.002087 pure
CY2012Q4 us-gaap Long Term Debt
LongTermDebt
479215000 USD
CY2013Q3 us-gaap Long Term Debt
LongTermDebt
496686000 USD
CY2013Q3 us-gaap Derivative Credit Risk Valuation Adjustment Derivative Liabilities
DerivativeCreditRiskValuationAdjustmentDerivativeLiabilities
400000 USD
stag Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Number Of Days Of Trailing Period Average Stock Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNumberOfDaysOfTrailingPeriodAverageStockPrice
P10D
CY2012Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-1304000 USD
CY2013Q3 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
-0.05
CY2012Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
-697000 USD
CY2012Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-2915000 USD
us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
-0.32
us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
-0.16
CY2012Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
-0.10
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
-0.11
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
490000 USD
us-gaap Minority Interest In Net Income Loss Preferred Unit Holders
MinorityInterestInNetIncomeLossPreferredUnitHolders
4659000 USD
us-gaap Minority Interest In Net Income Loss Preferred Unit Holders
MinorityInterestInNetIncomeLossPreferredUnitHolders
6783000 USD
CY2012Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
29752057 shares
CY2013Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
294000 USD
CY2013Q3 stag Incremental Amount Allocated To Holders Of Nonvested Restricted Shares
IncrementalAmountAllocatedToHoldersOfNonvestedRestrictedShares
-64000 USD
CY2013Q3 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
-335000 USD
CY2013Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-2147000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-4647000 USD
CY2013Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
42753722 shares
CY2013Q3 stag Unsecured Credit Facility
UnsecuredCreditFacility
20000000 USD
CY2013Q3 us-gaap Interest Rate Derivative Instruments Not Designated As Hedging Instruments Liability At Fair Value
InterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
131000 USD
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
21716590 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
41766740 shares
CY2012Q3 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
-0.08
CY2012Q3 stag Incremental Amount Allocated To Holders Of Nonvested Restricted Shares
IncrementalAmountAllocatedToHoldersOfNonvestedRestrictedShares
-41000 USD
CY2012Q3 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
-551000 USD
CY2012Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-2347000 USD
CY2012Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-3612000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-3158000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
566000 USD
CY2012Q3 us-gaap Minority Interest In Net Income Loss Preferred Unit Holders
MinorityInterestInNetIncomeLossPreferredUnitHolders
1553000 USD
stag Incremental Amount Allocated To Holders Of Nonvested Restricted Shares
IncrementalAmountAllocatedToHoldersOfNonvestedRestrictedShares
-197000 USD
us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
-1034000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-6820000 USD
CY2013Q3 us-gaap Minority Interest In Net Income Loss Preferred Unit Holders
MinorityInterestInNetIncomeLossPreferredUnitHolders
2712000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
76000 USD
stag Incremental Amount Allocated To Holders Of Nonvested Restricted Shares
IncrementalAmountAllocatedToHoldersOfNonvestedRestrictedShares
-81000 USD
us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
-2422000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-6965000 USD
CY2012Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.18
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
-822000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-2336000 USD
CY2013Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.05
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.43
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.15
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
2013-09-30
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2013Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
44159083 shares
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
CY2013Q3 us-gaap Liabilities
Liabilities
543087000 USD
CY2012Q4 us-gaap Land
Land
104656000 USD
CY2013Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
15285000 USD
CY2012Q4 stag Buildings
Buildings
654518000 USD
CY2013Q3 stag Deferred Leasing Intangibles Liabilities Net
DeferredLeasingIntangiblesLiabilitiesNet
6871000 USD
CY2012Q4 us-gaap Tenant Improvements
TenantImprovements
34900000 USD
CY2013Q3 us-gaap Stockholders Equity
StockholdersEquity
598160000 USD
CY2012Q4 stag Buildings Improvements
BuildingsImprovements
22153000 USD
CY2012Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
46175000 USD
CY2013Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1213152000 USD
CY2012Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
770052000 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
19006000 USD
CY2012Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
5497000 USD
CY2012Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
9351000 USD
CY2012Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
1556000 USD
CY2012Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
4704000 USD
CY2012Q4 stag Leasing Commissions Net
LeasingCommissionsNet
1674000 USD
CY2012Q4 us-gaap Goodwill
Goodwill
4923000 USD
CY2012Q4 us-gaap Due From Related Parties
DueFromRelatedParties
806000 USD
CY2012Q4 us-gaap Assets
Assets
1005124000 USD
CY2012Q4 us-gaap Secured Debt
SecuredDebt
229915000 USD
CY2012Q4 stag Unsecured Credit Facility
UnsecuredCreditFacility
99300000 USD
CY2012Q4 us-gaap Unsecured Long Term Debt
UnsecuredLongTermDebt
150000000 USD
CY2012Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
12111000 USD
CY2012Q4 us-gaap Interest Rate Derivative Instruments Not Designated As Hedging Instruments Liability At Fair Value
InterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
480000 USD
CY2012Q4 us-gaap Customer Advances And Deposits
CustomerAdvancesAndDeposits
5686000 USD
CY2012Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
11301000 USD
CY2012Q4 us-gaap Liabilities
Liabilities
515664000 USD
CY2012Q4 us-gaap Common Stock Value
CommonStockValue
357000 USD
CY2012Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
419643000 USD
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-61024000 USD
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-371000 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
427605000 USD
CY2012Q4 us-gaap Minority Interest
MinorityInterest
61855000 USD
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
489460000 USD
CY2012Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1005124000 USD
CY2013Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2012Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2013Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2012Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2013Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
44052248 shares
CY2012Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
35698582 shares
CY2013Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
44052248 shares
CY2012Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
35698582 shares
CY2012Q3 stag Asset Impairment Charges Attributable To Discontinued Operations
AssetImpairmentChargesAttributableToDiscontinuedOperations
3941000 USD
stag Asset Impairment Charges Attributable To Discontinued Operations
AssetImpairmentChargesAttributableToDiscontinuedOperations
3941000 USD
CY2013Q3 stag Rental Income
RentalIncome
30391000 USD
CY2012Q3 stag Rental Income
RentalIncome
18708000 USD
stag Rental Income
RentalIncome
84871000 USD
stag Rental Income
RentalIncome
50797000 USD
CY2013Q3 us-gaap Tenant Reimbursements
TenantReimbursements
4285000 USD
CY2012Q3 us-gaap Tenant Reimbursements
TenantReimbursements
2063000 USD
us-gaap Tenant Reimbursements
TenantReimbursements
11427000 USD
us-gaap Tenant Reimbursements
TenantReimbursements
6068000 USD
CY2013Q3 us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
207000 USD
CY2012Q3 us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
331000 USD
us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
865000 USD
us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
981000 USD
CY2013Q3 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
34883000 USD
CY2012Q3 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
21102000 USD
us-gaap Real Estate Revenue Net
RealEstateRevenueNet
97163000 USD
us-gaap Real Estate Revenue Net
RealEstateRevenueNet
57846000 USD
CY2012Q3 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
1262000 USD
CY2012Q3 us-gaap Profit Loss
ProfitLoss
-4916000 USD
us-gaap Profit Loss
ProfitLoss
-308000 USD
us-gaap Profit Loss
ProfitLoss
-7805000 USD
CY2013Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-335000 USD
CY2012Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-1248000 USD
us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
7699000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-958000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-3244000 USD
CY2012Q3 us-gaap Interest Expense
InterestExpense
3558000 USD
us-gaap Interest Expense
InterestExpense
14866000 USD
us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
4030000 USD
CY2013Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4376000 USD
CY2012Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3656000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
13358000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
9962000 USD
CY2013Q3 us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
3622000 USD
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
464000 USD
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
219000 USD
CY2012Q3 us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
1603000 USD
us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
9518000 USD
us-gaap Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
4574000 USD
CY2013Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
986000 USD
CY2012Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1067000 USD
CY2012Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
10236000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
49411000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
28110000 USD
CY2012Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-577000 USD
us-gaap Asset Impairment Charges
AssetImpairmentCharges
622000 USD
CY2013Q3 us-gaap Other Expenses
OtherExpenses
89000 USD
CY2012Q3 us-gaap Other Expenses
OtherExpenses
86000 USD
us-gaap Other Expenses
OtherExpenses
336000 USD
us-gaap Other Expenses
OtherExpenses
145000 USD
CY2013Q3 us-gaap Costs And Expenses
CostsAndExpenses
29222000 USD
CY2012Q3 us-gaap Costs And Expenses
CostsAndExpenses
17910000 USD
us-gaap Costs And Expenses
CostsAndExpenses
83153000 USD
us-gaap Costs And Expenses
CostsAndExpenses
49952000 USD
CY2013Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
3000 USD
CY2012Q3 us-gaap Investment Income Interest
InvestmentIncomeInterest
9000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
9000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
17000 USD
CY2013Q3 us-gaap Interest Expense
InterestExpense
5370000 USD
us-gaap Interest Expense
InterestExpense
11776000 USD
us-gaap Gain Loss On Interest Rate Derivative Instruments Not Designated As Hedging Instruments
GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
215000 USD
CY2012Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-577000 USD
stag Offering Costs
OfferingCosts
27000 USD
stag Offering Costs
OfferingCosts
68000 USD
CY2012Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-947000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-929000 USD
CY2013Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-5367000 USD
CY2012Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-4496000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-14884000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-12541000 USD
CY2012Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-111000 USD
CY2012Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
329000 USD
us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
102000 USD
us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
564000 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 Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-150000 USD
us-gaap Proceeds From Unsecured Lines Of Credit
ProceedsFromUnsecuredLinesOfCredit
12000000 USD
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
100000000 USD
CY2013Q3 us-gaap Profit Loss
ProfitLoss
294000 USD
stag Increase Decrease In Leasing Commissions Net
IncreaseDecreaseInLeasingCommissionsNet
567000 USD
stag Adjustments To Additional Paid In Capital Transaction Related Costs
AdjustmentsToAdditionalPaidInCapitalTransactionRelatedCosts
10863000 USD
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
629000 USD
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
-3668000 USD
us-gaap Net Income Loss
NetIncomeLoss
650000 USD
us-gaap Net Income Loss
NetIncomeLoss
-4561000 USD
CY2013Q3 us-gaap Participating Securities Distributed And Undistributed Earnings
ParticipatingSecuritiesDistributedAndUndistributedEarnings
64000 USD
CY2012Q3 us-gaap Participating Securities Distributed And Undistributed Earnings
ParticipatingSecuritiesDistributedAndUndistributedEarnings
41000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings
ParticipatingSecuritiesDistributedAndUndistributedEarnings
197000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings
ParticipatingSecuritiesDistributedAndUndistributedEarnings
81000 USD
CY2013Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2147000 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
-6330000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-9301000 USD
CY2013Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-1034000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
2632000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1034000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2632000 USD
CY2013Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-740000 USD
CY2012Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-5493000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
2324000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-8382000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-143000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
355000 USD
CY2013Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-262000 USD
CY2012Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-4134000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2927000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-4988000 USD
CY2013Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
670065000 USD
CY2011Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
309909000 USD
CY2012Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
499006000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
154669000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
237568000 USD
stag Stock Issued During Period Value Preferred Stock
StockIssuedDuringPeriodValuePreferredStock
70000000 USD
stag Adjustments To Additional Paid In Capital Transaction Related Costs
AdjustmentsToAdditionalPaidInCapitalTransactionRelatedCosts
8457000 USD
us-gaap Dividends
Dividends
51657000 USD
us-gaap Dividends
Dividends
30908000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2227000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1457000 USD
stag Issuance Of Units For Building Acquisitions
IssuanceOfUnitsForBuildingAcquisitions
11499000 USD
stag Issuance Of Units For Acquisition Fee
IssuanceOfUnitsForAcquisitionFee
225000 USD
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
49508000 USD
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
28486000 USD
stag Asset Impairment Charges Including Discontinued Operations Impairments
AssetImpairmentChargesIncludingDiscontinuedOperationsImpairments
4563000 USD
stag Non Cash Interest Expense
NonCashInterestExpense
783000 USD
stag Non Cash Interest Expense
NonCashInterestExpense
755000 USD
us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
4399000 USD
us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
3481000 USD
stag Amortization Of Tenant Straight Line Receivable
AmortizationOfTenantStraightLineReceivable
-2139000 USD
stag Amortization Of Tenant Straight Line Receivable
AmortizationOfTenantStraightLineReceivable
-1733000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2227000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1457000 USD
stag Issuance Of Units For Acquisition Fee Cash Flow
IssuanceOfUnitsForAcquisitionFeeCashFlow
225000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1399000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
317000 USD
stag Increase Decrease In Leasing Commissions Net
IncreaseDecreaseInLeasingCommissionsNet
1453000 USD
us-gaap Proceeds From Unsecured Lines Of Credit
ProceedsFromUnsecuredLinesOfCredit
90000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
169300000 USD
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
100000000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
9252000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
3151000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
143985000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1511000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
2833000 USD
stag Payment Of Cash Distribution To Members
PaymentOfCashDistributionToMembers
47671000 USD
stag Payment Of Cash Distribution To Members
PaymentOfCashDistributionToMembers
24296000 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
70000000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
124300000 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
124300000 USD
us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
764000 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
1611000 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
3539000 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
2270000 USD
stag Increase Decrease In Tenant Security Deposits And Prepaid Rent
IncreaseDecreaseInTenantSecurityDepositsAndPrepaidRent
492000 USD
us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
-626000 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
55522000 USD
us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
38011000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
55214000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
30206000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
183882000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
159951000 USD
us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
4843000 USD
us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
3216000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
549000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-3339000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
54842000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
54239000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-234890000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-211310000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
154669000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
237568000 USD
stag Payments Of Offering Costs
PaymentsOfOfferingCosts
8457000 USD
stag Payments Of Offering Costs
PaymentsOfOfferingCosts
10863000 USD
stag Restricted Cash For Dividends
RestrictedCashForDividends
-1553000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
184579000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
175290000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
4903000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-5814000 USD
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
16498000 USD
CY2012Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
10684000 USD
CY2013Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
23909000 USD
CY2013Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2012Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2013Q3 us-gaap Land
Land
126685000 USD
CY2013Q3 stag Buildings
Buildings
813705000 USD
CY2013Q3 us-gaap Tenant Improvements
TenantImprovements
35717000 USD
CY2013Q3 stag Buildings Improvements
BuildingsImprovements
30831000 USD
CY2013Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
64562000 USD
CY2013Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
6810000 USD
CY2013Q3 us-gaap Accounts Receivable Net
AccountsReceivableNet
12911000 USD
CY2013Q3 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
3590000 USD
CY2013Q3 us-gaap Interest Rate Derivative Instruments Not Designated As Hedging Instruments Asset At Fair Value
InterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue
2282000 USD
CY2013Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
5354000 USD
CY2013Q3 stag Leasing Commissions Net
LeasingCommissionsNet
2720000 USD
CY2013Q3 us-gaap Goodwill
Goodwill
4923000 USD
CY2013Q3 us-gaap Due From Related Parties
DueFromRelatedParties
180000 USD
CY2013Q3 us-gaap Secured Debt
SecuredDebt
226686000 USD
CY2013Q3 us-gaap Unsecured Long Term Debt
UnsecuredLongTermDebt
250000000 USD
CY2013Q3 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
16158000 USD
CY2013Q3 us-gaap Customer Advances And Deposits
CustomerAdvancesAndDeposits
7956000 USD
CY2013Q3 us-gaap Common Stock Value
CommonStockValue
440000 USD
CY2013Q3 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
562511000 USD
CY2013Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-105697000 USD
CY2013Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
1906000 USD
CY2013Q3 us-gaap Minority Interest
MinorityInterest
71905000 USD
stag Number Of Non Controlling Common Units Converted In Common Stock
NumberOfNonControllingCommonUnitsConvertedInCommonStock
2186 shares
CY2013Q3 stag Derivative Net Asset Position Aggregate Fair Value
DerivativeNetAssetPositionAggregateFairValue
2500000 USD
CY2013Q3 stag Number Of Interest Rate Derivatives Held In Asset Position
NumberOfInterestRateDerivativesHeldInAssetPosition
10 item
CY2013Q3 us-gaap Number Of Interest Rate Derivatives Held
NumberOfInterestRateDerivativesHeld
11 item
CY2013Q3 stag Number Of Interest Rate Derivatives Held As Liability In Position
NumberOfInterestRateDerivativesHeldAsLiabilityInPosition
1 item
us-gaap Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
460000 USD
us-gaap Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
3675000 USD
CY2013Q3 us-gaap Assets Needed For Immediate Settlement Aggregate Fair Value
AssetsNeededForImmediateSettlementAggregateFairValue
50000 USD

Files In Submission

Name View Source Status
0001104659-13-081587-index-headers.html Edgar Link pending
0001104659-13-081587-index.html Edgar Link pending
0001104659-13-081587.txt Edgar Link pending
0001104659-13-081587-xbrl.zip Edgar Link pending
a13-19716_110q.htm Edgar Link pending
a13-19716_1ex10d1.htm Edgar Link pending
a13-19716_1ex31d1.htm Edgar Link pending
a13-19716_1ex31d2.htm Edgar Link pending
a13-19716_1ex32d1.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
stag-20130930.xml Edgar Link completed
stag-20130930.xsd Edgar Link pending
stag-20130930_cal.xml Edgar Link unprocessable
stag-20130930_def.xml Edgar Link unprocessable
stag-20130930_lab.xml Edgar Link unprocessable
stag-20130930_pre.xml Edgar Link unprocessable