2024 Q1 Form 10-K Financial Statement

#000073359024000003 Filed on March 21, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023 Q1
Revenue $11.90M $13.45M $11.69M
YoY Change 1.81% 5.23% 50.1%
Cost Of Revenue $6.634M $7.316M $6.106M
YoY Change 8.65% 26.18% 51.59%
Gross Profit $5.265M $6.137M $5.582M
YoY Change -5.68% -12.15% 48.5%
Gross Profit Margin 44.25% 45.62% 47.76%
Selling, General & Admin $3.426M $4.237M $5.053M
YoY Change -32.2% 15.01% -8.72%
% of Gross Profit 65.07% 69.04% 90.52%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.185M $4.053M $3.755M
YoY Change -15.18% 9.48% 16.98%
% of Gross Profit 60.49% 66.04% 67.27%
Operating Expenses $6.598M $8.268M $8.155M
YoY Change -19.09% 26.62% 3.42%
Operating Profit -$1.333M -$2.131M -$2.573M
YoY Change -48.19% -567.32% -37.64%
Interest Expense $4.693M $1.408M $7.400M
YoY Change -36.58% 17.33% -20.13%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $3.360M -$2.802M $4.827M
YoY Change -30.39% -103.77% -67.05%
Income Tax $603.0K -$699.0K $1.112M
% Of Pretax Income 17.95% 23.04%
Net Earnings $2.549M -$2.561M $3.517M
YoY Change -27.52% -104.34% -75.75%
Net Earnings / Revenue 21.42% -19.04% 30.09%
Basic Earnings Per Share $0.30 -$0.30 $0.41
Diluted Earnings Per Share $0.30 -$0.30 $0.41
COMMON SHARES
Basic Shares Outstanding 8.639M shares 8.639M shares 8.639M shares
Diluted Shares Outstanding 8.639M shares 8.639M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $54.66M $36.70M $55.31M
YoY Change -1.18% -67.64% 301.14%
Cash & Equivalents $54.66M $36.70M $55.31M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $191.9M $172.9M $196.9M
YoY Change -2.56% -33.64% 27.02%
LONG-TERM ASSETS
Property, Plant & Equipment $503.1M $501.6M $502.9M
YoY Change 0.04% 1.57% 76.79%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $77.14M $91.00M $161.7M
YoY Change -52.29% -35.32% 94.45%
Other Assets $38.35M $42.33M $55.19M
YoY Change -30.51% -61.13% 155.13%
Total Long-Term Assets $850.4M $870.1M $931.9M
YoY Change -8.74% -9.13% 56.38%
TOTAL ASSETS
Total Short-Term Assets $191.9M $172.9M $196.9M
Total Long-Term Assets $850.4M $870.1M $931.9M
Total Assets $1.042B $1.043B $1.129B
YoY Change -7.66% -14.38% 50.32%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $11.54M $13.74M $55.95M
YoY Change -79.37% -76.36% 76.8%
Accrued Expenses $2.775M $2.633M $2.641M
YoY Change 5.07% -49.35% -19.28%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $14.32M $16.37M $58.59M
YoY Change -75.56% -74.14% 67.8%
LONG-TERM LIABILITIES
Long-Term Debt $178.3M $179.1M $225.3M
YoY Change -20.87% -42.89% -31.57%
Other Long-Term Liabilities $581.0K $581.0K $581.0K
YoY Change 0.0% 0.0% 0.0%
Total Long-Term Liabilities $178.9M $179.7M $225.9M
YoY Change -20.82% -42.81% -31.51%
TOTAL LIABILITIES
Total Short-Term Liabilities $14.32M $16.37M $58.59M
Total Long-Term Liabilities $178.9M $179.7M $225.9M
Total Liabilities $193.2M $196.1M $305.8M
YoY Change -36.83% -48.06% -16.15%
SHAREHOLDERS EQUITY
Retained Earnings $567.5M $564.9M
YoY Change 1.06%
Common Stock $86.00K $86.00K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $828.9M $826.0M $823.0M
YoY Change
Total Liabilities & Shareholders Equity $1.042B $1.043B $1.129B
YoY Change -7.66% -14.38% 50.32%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023 Q1
OPERATING ACTIVITIES
Net Income $2.549M -$2.561M $3.517M
YoY Change -27.52% -104.34% -75.75%
Depreciation, Depletion And Amortization $3.185M $4.053M $3.755M
YoY Change -15.18% 9.48% 16.98%
Cash From Operating Activities $3.869M -$38.92M $1.533M
YoY Change 152.38% -2.7% -136.69%
INVESTING ACTIVITIES
Capital Expenditures $5.726M $8.586M $5.653M
YoY Change 1.29% 25.31% -188.49%
Acquisitions
YoY Change
Other Investing Activities $17.30M $44.97M -$18.56M
YoY Change -193.22% -72.05% -254.22%
Cash From Investing Activities $11.57M $36.38M -$24.21M
YoY Change -147.8% -76.38% -528.83%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $0.00 $88.28M
YoY Change -100.0% 285.13%
Cash From Financing Activities -$1.456M -1.760M -89.13M
YoY Change -98.37% -95.69% 129.89%
NET CHANGE
Cash From Operating Activities $3.869M -38.92M 1.533M
Cash From Investing Activities $11.57M 36.38M -24.21M
Cash From Financing Activities -$1.456M -1.760M -89.13M
Net Change In Cash $13.99M -4.300M -111.8M
YoY Change -112.51% -105.88% 199.74%
FREE CASH FLOW
Cash From Operating Activities $3.869M -$38.92M $1.533M
Capital Expenditures $5.726M $8.586M $5.653M
Free Cash Flow -$1.857M -$47.51M -$4.120M
YoY Change -54.93% 1.39% -286.43%

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GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-1891000 usd
CY2022 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
89196000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1939000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
103190000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
7250000 usd
CY2023 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1313000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
5937000 usd
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.69
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.69
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
54.20
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.09
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.09
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8639316 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8639316 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8639316 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8639316 shares
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
361531000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
10077000 usd
CY2021 us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
0 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
371608000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
469004000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
7250000 usd
CY2023 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
908000 usd
CY2023 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
0 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
846954000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
10077000 usd
CY2021 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
23352000 usd
CY2021 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-6175000 usd
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-1451000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
15029000 usd
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-1017000 usd
CY2023 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1060000 usd
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
14531000 usd
CY2021 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
3157000 usd
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
12928000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
7327000 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
-12572000 usd
CY2021 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-2909000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
47028000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-4710000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-10986000 usd
CY2021 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
17674000 usd
CY2021 tci Origination And Advances Of Notes Receivable
OriginationAndAdvancesOfNotesReceivable
4968000 usd
CY2023 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
91007000 usd
CY2022 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
277641000 usd
CY2021 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
16000000 usd
CY2021 tci Redemption Of Short Term Investments
RedemptionOfShortTermInvestments
0 usd
CY2021 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
8070000 usd
CY2021 us-gaap Payments For Leasing Costs
PaymentsForLeasingCosts
877000 usd
CY2021 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
105547000 usd
CY2021 us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
411000 usd
CY2021 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
7430000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
100325000 usd
CY2021 tci Proceeds From Mortgages Notes And Bonds Payable
ProceedsFromMortgagesNotesAndBondsPayable
20015000 usd
CY2021 tci Repayment Of Mortgages Notes And Bonds Payable
RepaymentOfMortgagesNotesAndBondsPayable
118900000 usd
CY2023 tci Payments For Repurchase Of Equity By Noncontrolling Interest
PaymentsForRepurchaseOfEquityByNoncontrollingInterest
908000 usd
CY2022 tci Payments For Repurchase Of Equity By Noncontrolling Interest
PaymentsForRepurchaseOfEquityByNoncontrollingInterest
0 usd
CY2021 tci Payments For Repurchase Of Equity By Noncontrolling Interest
PaymentsForRepurchaseOfEquityByNoncontrollingInterest
0 usd
CY2023 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
435000 usd
CY2021 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
4086000 usd
CY2023 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
20000 usd
CY2022 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-139020000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-112377000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-103585000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-143280000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
149586000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-14246000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
222307000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
86967000 usd
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-top:12pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Concentration of credit risk</span></div><div style="margin-top:12pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We maintain our cash balances at commercial banks and through investment companies, the deposits that are insured by the Federal Deposit Insurance Corporation. At December 31, 2023 and 2022, we maintained balances in excess of the insured amount.</span></div>
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:12pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of estimates</span></div><div style="margin-top:12pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In the preparation of consolidated financial statements in conformity with GAAP, it is necessary for 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 consolidated financial statements and the reported amounts of revenues and expense for the year ended. Actual results could differ from those estimates.</span></div>
CY2023 us-gaap Profit Loss
ProfitLoss
7250000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
469004000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
10077000 usd
CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
742000 usd
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
679000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
9398000 usd
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8639316 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8639316 shares
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.69
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
54.20
CY2022 us-gaap Interest Paid Net
InterestPaidNet
17802000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
24471000 usd
CY2023 us-gaap Income Taxes Paid
IncomeTaxesPaid
38072000 usd
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
54023000 usd
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
682000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
113424000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
50735000 usd
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
36761000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
108883000 usd
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
21986000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
222307000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
36700000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
113424000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
42327000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
72721000 usd
CY2022 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
67263000 usd
CY2021 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
65242000 usd
CY2023 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
131176000 usd
CY2022 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
43759000 usd
CY2021 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
53658000 usd
CY2023 tci Repayment Of Mortgages Notes And Bonds Payable
RepaymentOfMortgagesNotesAndBondsPayable
137657000 usd
CY2022 tci Repayment Of Mortgages Notes And Bonds Payable
RepaymentOfMortgagesNotesAndBondsPayable
111022000 usd
CY2021 tci Repayment Of Mortgages Notes And Bonds Payable
RepaymentOfMortgagesNotesAndBondsPayable
118900000 usd
CY2023 tci Assets Acquired In Exchange For Related Party Receivable
AssetsAcquiredInExchangeForRelatedPartyReceivable
8764000 usd
CY2022 tci Assets Acquired In Exchange For Related Party Receivable
AssetsAcquiredInExchangeForRelatedPartyReceivable
0 usd
CY2021 tci Assets Acquired In Exchange For Related Party Receivable
AssetsAcquiredInExchangeForRelatedPartyReceivable
0 usd
CY2023 tci Assets Distributed From Joint Venture
AssetsDistributedFromJointVenture
0 usd
CY2022 tci Assets Distributed From Joint Venture
AssetsDistributedFromJointVenture
133372000 usd
CY2021 tci Assets Distributed From Joint Venture
AssetsDistributedFromJointVenture
0 usd
CY2023 tci Liabilities Assumed By Joint Venture
LiabilitiesAssumedByJointVenture
0 usd
CY2022 tci Liabilities Assumed By Joint Venture
LiabilitiesAssumedByJointVenture
72143000 usd
CY2021 tci Liabilities Assumed By Joint Venture
LiabilitiesAssumedByJointVenture
0 usd
CY2023 tci Distribution From Joint Venture Applied To Earn Out Obligation
DistributionFromJointVentureAppliedToEarnOutObligation
0 usd
CY2022 tci Distribution From Joint Venture Applied To Earn Out Obligation
DistributionFromJointVentureAppliedToEarnOutObligation
34159000 usd
CY2021 tci Distribution From Joint Venture Applied To Earn Out Obligation
DistributionFromJointVentureAppliedToEarnOutObligation
5441000 usd
CY2023 us-gaap Contribution Of Property
ContributionOfProperty
0 usd
CY2022 us-gaap Contribution Of Property
ContributionOfProperty
0 usd
CY2021 us-gaap Contribution Of Property
ContributionOfProperty
18608000 usd
CY2023 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
0 usd
CY2022 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
0 usd
CY2021 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
15606000 usd
CY2023 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
10718000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
10356000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
9936000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
18327000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
71931000 usd
CY2023 us-gaap Profit Loss
ProfitLoss
7250000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
469004000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
10077000 usd
CY2023Q4 us-gaap Assets
Assets
1043044000 usd
CY2022Q4 us-gaap Assets
Assets
1218165000 usd
CY2023 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
45466000 usd
CY2022 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
32163000 usd
CY2021 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
35555000 usd
CY2023 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
1557000 usd
CY2022 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
1917000 usd
CY2021 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
2253000 usd
CY2023 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
47023000 usd
CY2022 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
34080000 usd
CY2021 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
37808000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
11500000 usd
CY2023Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
11094000 usd
CY2023Q4 us-gaap Land
Land
104156000 usd
CY2022Q4 us-gaap Land
Land
108933000 usd
CY2023Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
372399000 usd
CY2022Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
359904000 usd
CY2023Q4 us-gaap Tenant Improvements
TenantImprovements
16286000 usd
CY2022Q4 us-gaap Tenant Improvements
TenantImprovements
25611000 usd
CY2023Q4 us-gaap Development In Process
DevelopmentInProcess
76110000 usd
CY2022Q4 us-gaap Development In Process
DevelopmentInProcess
65427000 usd
CY2023Q4 tci Real Estate Investment Property Excluding Real Estate Held For Sale At Cost
RealEstateInvestmentPropertyExcludingRealEstateHeldForSaleAtCost
568951000 usd
CY2022Q4 tci Real Estate Investment Property Excluding Real Estate Held For Sale At Cost
RealEstateInvestmentPropertyExcludingRealEstateHeldForSaleAtCost
559875000 usd
CY2023Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
67365000 usd
CY2022Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
66054000 usd
CY2023Q4 us-gaap Real Estate Investments
RealEstateInvestments
501586000 usd
CY2022Q4 us-gaap Real Estate Investments
RealEstateInvestments
493821000 usd
CY2023Q1 tci Real Estate Investment Appraised Value
RealEstateInvestmentAppraisedValue
6064000 usd
CY2023 us-gaap Depreciation
Depreciation
12887000 usd
CY2022 us-gaap Depreciation
Depreciation
8962000 usd
CY2021 us-gaap Depreciation
Depreciation
10820000 usd
CY2023 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
-1891000 usd
CY2022 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
89196000 usd
CY2021 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
23352000 usd
CY2023Q4 us-gaap Investment Interest Rate
InvestmentInterestRate
0.0565
CY2023 srt Mortgage Loans On Real Estate Interest Rate
MortgageLoansOnRealEstateInterestRate
0.120
CY2023 tci Financing Receivable Accrued Interest After Allowance For Credit Loss Statement Of Financial Position Extensible List Not Disclosed Flag
FinancingReceivableAccruedInterestAfterAllowanceForCreditLossStatementOfFinancialPositionExtensibleListNotDisclosedFlag
accrued interest
CY2023Q4 us-gaap Financing Receivable Accrued Interest After Allowance For Credit Loss
FinancingReceivableAccruedInterestAfterAllowanceForCreditLoss
3601000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
23299000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
14102000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
3265000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
3376000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
3493000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
132573000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
180108000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
967000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
179141000 usd
CY2023Q4 tci Debt Instrument Number Of Instruments
DebtInstrumentNumberOfInstruments
3 bond
CY2022Q4 tci Bonds Payable
BondsPayable
131323000 usd
CY2022Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
2105000 usd
CY2022Q4 tci Bond And Bond Interest Payable
BondAndBondInterestPayable
129218000 usd
CY2021 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0
CY2023 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0
CY2022 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0
CY2023Q4 us-gaap Deferred Gain On Sale Of Property
DeferredGainOnSaleOfProperty
581000 usd
CY2023 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
1768000 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
77668000 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-1011000 usd
CY2023 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
171000 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
7710000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
0 usd
CY2023 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
17812000 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 usd
CY2023 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1939000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
103190000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1011000 usd
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
1768000 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
118700000 usd
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
2373000 usd
CY2023 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
171000 usd
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
7711000 usd
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
0 usd
CY2023 tci Effective Income Tax Rate Reconciliation Amt Refund Amount
EffectiveIncomeTaxRateReconciliationAMTRefundAmount
0 usd
CY2022 tci Effective Income Tax Rate Reconciliation Amt Refund Amount
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