2022 Q4 Form 10-Q Financial Statement

#000147615022000019 Filed on November 02, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3
Revenue $76.01M $70.80M
YoY Change 25.27% 23.63%
Cost Of Revenue $19.08M $17.14M
YoY Change 24.2% 20.7%
Gross Profit $56.92M $53.66M
YoY Change 25.63% 24.59%
Gross Profit Margin 74.89% 75.79%
Selling, General & Admin $8.193M $8.140M
YoY Change 6.18% 19.71%
% of Gross Profit 14.39% 15.17%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $18.56M $16.90M
YoY Change 35.43% 23.94%
% of Gross Profit 32.61% 31.49%
Operating Expenses $26.73M $25.09M
YoY Change 24.77% 22.77%
Operating Profit $30.20M $28.57M
YoY Change 26.41% 26.23%
Interest Expense -$7.059M $6.265M
YoY Change 39.23% 33.7%
% of Operating Profit -23.38% 21.93%
Other Income/Expense, Net -$6.090M
YoY Change 378.4%
Pretax Income $58.88M $22.44M
YoY Change 82.52% 5.06%
Income Tax
% Of Pretax Income
Net Earnings $58.61M $22.44M
YoY Change 81.68% 5.05%
Net Earnings / Revenue 77.11% 31.69%
Basic Earnings Per Share $0.30
Diluted Earnings Per Share $0.77 $0.30
COMMON SHARES
Basic Shares Outstanding 76.07M shares 75.55M shares
Diluted Shares Outstanding 75.59M shares

Balance Sheet

Concept 2022 Q4 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $26.39M $10.20M
YoY Change -87.09% -85.16%
Cash & Equivalents $26.39M $10.15M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $26.39M $10.20M
YoY Change -87.09% -85.15%
LONG-TERM ASSETS
Property, Plant & Equipment $3.075B $3.029B
YoY Change 15.27% 30.22%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.690M $11.00M
YoY Change 325.69% -52.73%
Total Long-Term Assets $3.138B $3.098B
YoY Change 15.38% 28.95%
TOTAL ASSETS
Total Short-Term Assets $26.39M $10.20M
Total Long-Term Assets $3.138B $3.098B
Total Assets $3.164B $3.109B
YoY Change 8.22% 25.78%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $49.69M $57.80M
YoY Change 10.37% 43.22%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $107.9M $115.5M
YoY Change 14.18% 32.91%
LONG-TERM LIABILITIES
Long-Term Debt $770.8M $780.6M
YoY Change 6.96% 30.84%
Other Long-Term Liabilities $55.87M $60.50M
YoY Change 9.5% 61.15%
Total Long-Term Liabilities $826.7M $841.1M
YoY Change 7.13% 32.63%
TOTAL LIABILITIES
Total Short-Term Liabilities $107.9M $115.5M
Total Long-Term Liabilities $826.7M $841.1M
Total Liabilities $934.6M $956.6M
YoY Change 7.89% 32.67%
SHAREHOLDERS EQUITY
Retained Earnings $88.27M $60.15M
YoY Change 3048.07% -1667.5%
Common Stock $2.168B $2.119B
YoY Change 4.72% 19.75%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.230B $2.152B
YoY Change
Total Liabilities & Shareholders Equity $3.164B $3.109B
YoY Change 8.22% 25.78%

Cashflow Statement

Concept 2022 Q4 2022 Q3
OPERATING ACTIVITIES
Net Income $58.61M $22.44M
YoY Change 81.68% 5.05%
Depreciation, Depletion And Amortization $18.56M $16.90M
YoY Change 35.43% 23.94%
Cash From Operating Activities $34.21M $45.80M
YoY Change 1.31% 16.79%
INVESTING ACTIVITIES
Capital Expenditures $16.45M -$26.90M
YoY Change -191.08% 27.36%
Acquisitions
YoY Change
Other Investing Activities -$7.413M -$67.90M
YoY Change -97.43% -56.31%
Cash From Investing Activities -$23.86M -$94.70M
YoY Change -92.21% -46.36%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 6.734M 49.60M
YoY Change -98.33% -70.53%
NET CHANGE
Cash From Operating Activities 34.21M 45.80M
Cash From Investing Activities -23.86M -94.70M
Cash From Financing Activities 6.734M 49.60M
Net Change In Cash 17.08M 700.0K
YoY Change -86.97% -97.74%
FREE CASH FLOW
Cash From Operating Activities $34.21M $45.80M
Capital Expenditures $16.45M -$26.90M
Free Cash Flow $17.76M $72.70M
YoY Change -65.73% 20.49%

Facts In Submission

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CY2021Q1 us-gaap Stock Repurchased During Period Value
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CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
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DividendsCommonStockCash
20091000 usd
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OtherComprehensiveIncomeLossNetOfTax
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StockholdersEquity
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CY2021Q2 us-gaap Net Income Loss
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CY2021Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
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20428000 usd
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CY2021Q2 us-gaap Stockholders Equity
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CY2021Q3 us-gaap Net Income Loss
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PaymentsOfStockIssuanceCosts
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StockIssuedDuringPeriodValueNewIssues
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AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2360000 usd
CY2021Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
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CY2021Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
24239000 usd
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
1750472000 usd
us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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StraightLineRent
5845000 usd
trno Amortization Of Lease Intangibles
AmortizationOfLeaseIntangibles
10807000 usd
trno Amortization Of Lease Intangibles
AmortizationOfLeaseIntangibles
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us-gaap Depreciation And Amortization
DepreciationAndAmortization
47227000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
36980000 usd
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
76048000 usd
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
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us-gaap Amortization Of Financing Costs And Discounts
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us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
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us-gaap Share Based Compensation
ShareBasedCompensation
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us-gaap Share Based Compensation
ShareBasedCompensation
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us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
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us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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us-gaap Payments To Acquire Buildings
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us-gaap Payments To Acquire Buildings
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us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
106835000 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
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us-gaap Payments For Construction In Process
PaymentsForConstructionInProcess
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us-gaap Payments For Construction In Process
PaymentsForConstructionInProcess
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PaymentsToAcquireOtherPropertyPlantAndEquipment
50827000 usd
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
38324000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
30941000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
154806000 usd
trno Issuance Costs On Issuance Of Common Stock
IssuanceCostsOnIssuanceOfCommonStock
468000 usd
trno Issuance Costs On Issuance Of Common Stock
IssuanceCostsOnIssuanceOfCommonStock
2331000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1011000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
162000000 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
45000000 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
152000000 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
45000000 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
100000000 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
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us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
0 usd
us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
150000000 usd
us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
50000000 usd
us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
0 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
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us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
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us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
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us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
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us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
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us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
60389000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
10980000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
227373000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-193804000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-34134000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
204801000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
107836000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10997000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
73702000 usd
us-gaap Interest Paid Net
InterestPaidNet
19572000 usd
us-gaap Interest Paid Net
InterestPaidNet
11975000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
22861000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
16938000 usd
us-gaap Stock Issued1
StockIssued1
11785000 usd
us-gaap Stock Issued1
StockIssued1
7651000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
424000 usd
trno Reconciliation Acquisition Of Properties
ReconciliationAcquisitionOfProperties
360818000 usd
trno Reconciliation Acquisition Of Properties
ReconciliationAcquisitionOfProperties
344452000 usd
trno Assumptions Of Other Assets And Liabilities
AssumptionsOfOtherAssetsAndLiabilities
15985000 usd
trno Assumptions Of Other Assets And Liabilities
AssumptionsOfOtherAssetsAndLiabilities
19413000 usd
us-gaap Payments To Acquire Buildings
PaymentsToAcquireBuildings
344833000 usd
us-gaap Payments To Acquire Buildings
PaymentsToAcquireBuildings
325039000 usd
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
6 segment
us-gaap Use Of Estimates
UseOfEstimates
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates.</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> The preparation of the interim consolidated 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. Actual results could differ from those estimates.</span>
CY2022Q3 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
4200000 usd
CY2021Q3 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
2000000 usd
us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
10800000 usd
us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
5100000 usd
us-gaap Finite Lived Intangible Assets Remaining Amortization Period1
FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
P6Y6M
CY2022Q3 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
97675000 usd
CY2022Q3 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
37197000 usd
CY2022Q3 us-gaap Below Market Lease Net
BelowMarketLeaseNet
60478000 usd
CY2021Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
78753000 usd
CY2021Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
27728000 usd
CY2021Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
51025000 usd
CY2022Q3 trno Finite Lived Intangible Assets Liabilities Gross
FiniteLivedIntangibleAssetsLiabilitiesGross
28040000 usd
CY2022Q3 trno Finite Lived Intangible Assets Liabilities Accumulated Amortization
FiniteLivedIntangibleAssetsLiabilitiesAccumulatedAmortization
47367000 usd
CY2022Q3 trno Finite Lived Intangible Assets Liabilities Net
FiniteLivedIntangibleAssetsLiabilitiesNet
-19327000 usd
CY2021Q4 trno Finite Lived Intangible Assets Liabilities Gross
FiniteLivedIntangibleAssetsLiabilitiesGross
35373000 usd
CY2021Q4 trno Finite Lived Intangible Assets Liabilities Accumulated Amortization
FiniteLivedIntangibleAssetsLiabilitiesAccumulatedAmortization
48244000 usd
CY2021Q4 trno Finite Lived Intangible Assets Liabilities Net
FiniteLivedIntangibleAssetsLiabilitiesNet
-12871000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-34134000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
204404000 usd
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
107180000 usd
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
397000 usd
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
656000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
204801000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
107836000 usd
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
10153000 usd
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
68732000 usd
CY2022Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
844000 usd
CY2021Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
4970000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10997000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
73702000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-193804000 usd
CY2022Q3 trno Straight Line Rent And Accounts Receivables Net Of Allowances
StraightLineRentAndAccountsReceivablesNetOfAllowances
44100000 usd
CY2021Q4 trno Straight Line Rent And Accounts Receivables Net Of Allowances
StraightLineRentAndAccountsReceivablesNetOfAllowances
39700000 usd
CY2022Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
700000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
500000 usd
CY2022Q3 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
11500000 usd
CY2021Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
10600000 usd
trno Performance Measurement Period
PerformanceMeasurementPeriod
P3Y
us-gaap Derivatives Reporting Of Derivative Activity
DerivativesReportingOfDerivativeActivity
Use of Derivative Financial Instruments. The Company records all derivatives on the accompanying consolidated balance sheets at fair value. The accounting for changes in the fair value of derivatives depends on the intended use of the derivative, whether the Company has elected to designate a derivative in a hedging relationship and apply hedge accounting and whether the hedging relationship has satisfied the criteria necessary to apply hedge accounting.
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2022Q3 us-gaap Long Term Debt
LongTermDebt
780615000 usd
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
2200000 usd
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
300000 usd
CY2022Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
785000000 usd
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
725000000 usd
CY2022Q3 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
4385000 usd
CY2021Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
4330000 usd
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
720670000 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
0 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
0 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
100000000 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
10000000 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
50000000 usd
CY2022Q3 trno Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
625000000 usd
CY2022Q3 trno Long Term Debt Before Net Debt Issuance Costs
LongTermDebtBeforeNetDebtIssuanceCosts
785000000 usd
CY2022Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
4385000 usd
CY2022Q3 us-gaap Long Term Debt
LongTermDebt
780615000 usd
CY2022Q3 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.034
CY2022Q3 us-gaap Notes Payable
NotesPayable
780615000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
51493000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
203939000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
186673000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
160412000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
129752000 usd
CY2022Q3 trno Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
264037000 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
996306000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
0 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
0 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
0 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
0 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
0 usd
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
0 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
0 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
183000 usd
CY2022Q3 us-gaap Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
611685000 usd
CY2021Q4 us-gaap Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
743592000 usd
CY2021Q4 us-gaap Notes Payable
NotesPayable
720670000 usd
CY2022Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
400000000 shares
CY2022Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2022Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
trno Common Stock Aggregate Offering Price Remaining
CommonStockAggregateOfferingPriceRemaining
190500000 usd
CY2022Q3 trno Fees And Commissions At Market Equity Offering Program Sales Agent
FeesAndCommissionsAtMarketEquityOfferingProgramSalesAgent
400000 usd
CY2021Q3 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
751539 shares
us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
2542357 shares
CY2021Q3 trno Sales Of Stock Weighted Average Offering Price
SalesOfStockWeightedAverageOfferingPrice
66.51
trno Sales Of Stock Weighted Average Offering Price
SalesOfStockWeightedAverageOfferingPrice
63.22
CY2022Q3 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
3000000 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
230280 shares
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
357076 shares
CY2022Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.34
CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.34
CY2022Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.40
CY2022Q3 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
335038 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
262512 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
311432 shares

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R9.htm Edgar Link pending
report.css Edgar Link pending
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trno-20220930.htm Edgar Link pending
trno-20220930.xsd Edgar Link pending
trnoq32022ex-311.htm Edgar Link pending
trnoq32022ex-312.htm Edgar Link pending
trnoq32022ex-313.htm Edgar Link pending
trnoq32022ex-321.htm Edgar Link pending
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trno-20220930_cal.xml Edgar Link unprocessable
trno-20220930_def.xml Edgar Link unprocessable
trno-20220930_pre.xml Edgar Link unprocessable
trno-20220930_lab.xml Edgar Link unprocessable
trno-20220930_htm.xml Edgar Link completed