$WHLR
Wheeler Real Estate Investment Trust, Inc. Stock $whlr

$whlr Overview Financials Valuation SEC Filings Company Website

2013 Q1 Form 10-K Financial Statement

#000119312513136643 Filed on April 01, 2013

Income Statement

Concept	2013 Q1	2012	2011 Q4
Revenue	$1.618M	$2.434M	$520.0K
YoY Change	205.36%	26.42%
Cost Of Revenue	$300.0K	$520.0K	$140.0K
YoY Change	150.0%	0.0%
Gross Profit	$1.320M	$1.910M	$370.0K
YoY Change	221.95%	36.43%
Gross Profit Margin	81.59%	78.47%	71.15%
Selling, General & Admin	$600.0K	$1.310M	$130.0K
YoY Change	275.0%	235.9%
% of Gross Profit	45.45%	68.59%	35.14%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$321.0K	$822.2K	$180.0K
YoY Change	68.93%	10.37%
% of Gross Profit	24.32%	43.04%	48.65%
Operating Expenses	$1.548M	$2.674M	$330.0K
YoY Change	227.82%	59.72%
Operating Profit	$70.29K	-$239.5K	$40.00K
YoY Change	21.71%	-195.3%
Interest Expense	$549.6K	$966.1K	-$210.0K
YoY Change	177.72%	19.87%
% of Operating Profit	781.94%		-525.0%
Other Income/Expense, Net
YoY Change
Pretax Income	-$480.0K	-$1.210M	-$170.0K
YoY Change	242.86%	120.0%
Income Tax	$0.00	$0.00	$0.00
% Of Pretax Income
Net Earnings	-$433.7K	-$1.162M	-$170.0K
YoY Change	209.44%	109.48%
Net Earnings / Revenue	-26.8%	-47.73%	-32.69%
Basic Earnings Per Share		-$0.35
Diluted Earnings Per Share	-$1.049M	-$0.35
COMMON SHARES
Basic Shares Outstanding	3.302M shares	3.302M shares
Diluted Shares Outstanding		3.302M shares

Balance Sheet

Concept	2013 Q1	2012	2011 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$1.100M	$2.100M	$100.0K
YoY Change	450.0%	2000.0%
Cash & Equivalents	$1.053M	$2.100M	$104.0K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables		$600.0K	$500.0K
Other Receivables		$200.0K	$100.0K
Total Short-Term Assets	$1.900M	$2.900M	$700.0K
YoY Change	137.5%	314.29%
LONG-TERM ASSETS
Property, Plant & Equipment	$43.10M	$43.30M	$13.20M
YoY Change	231.54%	228.03%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$3.100M	$3.200M	$1.000M
YoY Change	158.33%	220.0%
Total Long-Term Assets	$49.47M	$49.80M	$14.12M
YoY Change	248.35%	253.19%
TOTAL ASSETS
Total Short-Term Assets	$1.900M	$2.900M	$700.0K
Total Long-Term Assets	$49.47M	$49.80M	$14.12M
Total Assets	$51.37M	$52.70M	$14.82M
YoY Change	242.44%	256.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$800.0K	$200.0K	$1.200M
YoY Change	-33.33%	-83.33%
Accrued Expenses
YoY Change
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	$800.0K	$700.0K	$1.200M
YoY Change	-33.33%	-41.67%
LONG-TERM LIABILITIES
Long-Term Debt	$31.80M	$31.80M	$12.10M
YoY Change	162.81%	162.81%
Other Long-Term Liabilities	$3.500M	$3.700M	$0.00
YoY Change
Total Long-Term Liabilities	$35.30M	$35.50M	$12.10M
YoY Change	191.74%	193.39%
TOTAL LIABILITIES
Total Short-Term Liabilities	$800.0K	$700.0K	$1.200M
Total Long-Term Liabilities	$35.30M	$35.50M	$12.10M
Total Liabilities	$36.15M	$44.00M	$14.16M
YoY Change	152.83%	209.86%
SHAREHOLDERS EQUITY
Retained Earnings	-$6.419M		-$2.591M
YoY Change
Common Stock	$33.02K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$7.712M	$8.700M	$669.3K
YoY Change
Total Liabilities & Shareholders Equity	$51.37M	$52.70M	$14.82M
YoY Change	242.44%	256.08%

Cashflow Statement

Concept	2013 Q1	2012	2011 Q4
OPERATING ACTIVITIES
Net Income	-$433.7K	-$1.162M	-$170.0K
YoY Change	209.44%	109.48%
Depreciation, Depletion And Amortization	$321.0K	$822.2K	$180.0K
YoY Change	68.93%	10.37%
Cash From Operating Activities	-$74.64K	-$289.9K	$170.0K
YoY Change	-394.05%	-182.89%
INVESTING ACTIVITIES
Capital Expenditures	$110.8K	$47.34K	$0.00
YoY Change	461.59%	41.96%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	-$110.8K	-$8.802M	$0.00
YoY Change	461.59%	26296.13%
FINANCING ACTIVITIES
Cash Dividend Paid	$614.0K	$126.1K
YoY Change
Common Stock Issuance & Retirement, Net		$13.37M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-814.3K	11.04M	-280.0K
YoY Change	-1404.55%	-2779.91%
NET CHANGE
Cash From Operating Activities	-74.64K	-289.9K	170.0K
Cash From Investing Activities	-110.8K	-8.802M	0.000
Cash From Financing Activities	-814.3K	11.04M	-280.0K
Net Change In Cash	-999.7K	1.949M	-110.0K
YoY Change	-1568.61%	-2138.26%
FREE CASH FLOW
Cash From Operating Activities	-$74.64K	-$289.9K	$170.0K
Capital Expenditures	$110.8K	$47.34K	$0.00
Free Cash Flow	-$185.4K	-$337.2K	$170.0K
YoY Change	-3379.71%	-206.59%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2011Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	15000000	shares
CY2011Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	669325
CY2011Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	18072
CY2011Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	500000	shares
CY2012Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	3016045	shares
CY2013Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	3301502	shares
CY2012Q2	dei	Entity Public Float EntityPublicFloat	0
CY2010Q4	us-gaap	Real Estate Gross At Carrying Value RealEstateGrossAtCarryingValue	15741491
CY2010Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1000319
CY2010Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	199637
CY2010Q4	us-gaap	Valuation Allowances And Reserves Balance ValuationAllowancesAndReservesBalance	52200
CY2011Q4	us-gaap	Other Assets OtherAssets	8146
CY2011Q4	us-gaap	Real Estate Gross At Carrying Value RealEstateGrossAtCarryingValue	15774838
CY2011Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-2591350
CY2011Q4	us-gaap	Assets Assets	14824896
CY2011Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	15774838
CY2011Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	104007
CY2011Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	1172746
CY2011Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	14824896
CY2011Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	0	shares
CY2011Q4	us-gaap	Deferred Costs And Other Assets DeferredCostsAndOtherAssets	991784
CY2011Q4	us-gaap	Deferred Offering Costs DeferredOfferingCosts	772722
CY2011Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	126250	shares
CY2011Q4	us-gaap	Liabilities Liabilities	14155571
CY2011Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	13156514
CY2011Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare
CY2011Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	126250	shares
CY2011Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2011Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	0	shares
CY2011Q4	us-gaap	Valuation Allowances And Reserves Balance ValuationAllowancesAndReservesBalance	72200
CY2011Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2011Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	2618324
CY2011Q4	us-gaap	Deferred Costs Leasing Net DeferredCostsLeasingNet	178140
CY2011Q4	us-gaap	Stockholders Equity StockholdersEquity	669325
CY2011Q4	whlr	Capital Contributions CapitalContributions	2755675
CY2011Q4	whlr	Allowance For Uncollectable Accounts AllowanceForUncollectableAccounts	72200
CY2011Q4	whlr	Convertible Preferred Stock Value ConvertiblePreferredStockValue	505000
CY2011Q4	whlr	Rents And Other Tenant Receivables Net RentsAndOtherTenantReceivablesNet	82849
CY2011Q4	whlr	Rents And Other Tenant Receivables Due From Related Parties Net RentsAndOtherTenantReceivablesDueFromRelatedPartiesNet	128790
CY2011Q4	whlr	Unbilled Rent UnbilledRent	360952
CY2011Q4	whlr	Mortgages And Other Indebtness MortgagesAndOtherIndebtness	12136083
CY2011Q4	whlr	Accounts Payable Accrued Expenses And Other Liabilities AccountsPayableAccruedExpensesAndOtherLiabilities	846742
CY2012Q4	us-gaap	Operating Leases Future Minimum Payments Receivable In Three Years OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears	4088263
CY2012Q4	us-gaap	Other Assets OtherAssets	376281
CY2012Q4	us-gaap	Operating Leases Future Minimum Payments Receivable In Five Years OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears	3206532
CY2012Q4	us-gaap	Real Estate Gross At Carrying Value RealEstateGrossAtCarryingValue	46637221
CY2012Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	15000000	shares
CY2012Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	16232459
CY2012Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	779969
CY2012Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	500000	shares
CY2012Q4	us-gaap	Operating Leases Future Minimum Payments Due Thereafter OperatingLeasesFutureMinimumPaymentsDueThereafter	650280
CY2012Q4	us-gaap	Business Acquisition Equity Interest Issued Or Issuable Value Assigned BusinessAcquisitionEquityInterestIssuedOrIssuableValueAssigned	2980000
CY2012Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-5443099
CY2012Q4	us-gaap	Assets Assets	52687877
CY2012Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	46637221
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2053192
CY2012Q4	us-gaap	Operating Leases Future Minimum Payments Receivable Thereafter OperatingLeasesFutureMinimumPaymentsReceivableThereafter	8328208
CY2012Q4	us-gaap	Operating Leases Future Minimum Payments Receivable OperatingLeasesFutureMinimumPaymentsReceivable	28509974
CY2012Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	1381127
CY2012Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	190169
CY2012Q4	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	18150
CY2012Q4	us-gaap	Minority Interest MinorityInterest	7545090
CY2012Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	52687877
CY2012Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	3301502	shares
CY2012Q4	us-gaap	Deferred Costs And Other Assets DeferredCostsAndOtherAssets	6527906
CY2012Q4	us-gaap	Common Stock Value CommonStockValue	33015
CY2012Q4	us-gaap	Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Improvements RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements	1667555
CY2012Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2012Q4	us-gaap	Net Rentable Area NetRentableArea	470350	sqft
CY2012Q4	us-gaap	Operating Leases Future Minimum Payments Receivable In Two Years OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears	4462256
CY2012Q4	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	16613
CY2012Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	3874390
CY2012Q4	us-gaap	Liabilities Liabilities	36455418
CY2012Q4	us-gaap	Real Estate And Accumulated Depreciation Carrying Amount Of Land RealEstateAndAccumulatedDepreciationCarryingAmountOfLand	9681750
CY2012Q4	us-gaap	Long Term Debt LongTermDebt	31843503
CY2012Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	43345665
CY2012Q4	us-gaap	Operating Leases Future Minimum Payments Receivable Current OperatingLeasesFutureMinimumPaymentsReceivableCurrent	4790281
CY2012Q4	us-gaap	Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements	36955471
CY2012Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	6384142
CY2012Q4	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	12000
CY2012Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare
CY2012Q4	us-gaap	Real Estate And Accumulated Depreciation Carrying Amount Of Land And Buildings And Improvements RealEstateAndAccumulatedDepreciationCarryingAmountOfLandAndBuildingsAndImprovements	46637221
CY2012Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2012Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive	3092947
CY2012Q4	us-gaap	Operating Leases Future Minimum Payments Due Current OperatingLeasesFutureMinimumPaymentsDueCurrent	12000
CY2012Q4	us-gaap	Real Estate Accumulated Depreciation RealEstateAccumulatedDepreciation	3291556
CY2012Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2012Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	3301502	shares
CY2012Q4	us-gaap	Off Market Lease Unfavorable OffMarketLeaseUnfavorable	3673019
CY2012Q4	us-gaap	Valuation Allowances And Reserves Balance ValuationAllowancesAndReservesBalance	75250
CY2012Q4	us-gaap	Operating Leases Future Minimum Payments Receivable In Four Years OperatingLeasesFutureMinimumPaymentsReceivableInFourYears	3634434
CY2012Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	4282410
CY2012Q4	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	727193
CY2012Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	14097453
CY2012Q4	us-gaap	Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements	35287916
CY2012Q4	us-gaap	Real Estate And Accumulated Depreciation Initial Cost Of Land RealEstateAndAccumulatedDepreciationInitialCostOfLand	9681750
CY2012Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2012Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	3291556
CY2012Q4	us-gaap	Deferred Costs Leasing Net DeferredCostsLeasingNet	1941457
CY2012Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	12828487
CY2012Q4	us-gaap	Stockholders Equity StockholdersEquity	8687369
CY2012Q4	us-gaap	Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Carrying Costs RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionCarryingCosts
CY2012Q4	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	18150
CY2012Q4	whlr	Allowance For Uncollectable Accounts AllowanceForUncollectableAccounts	75250
CY2012Q4	whlr	Number Of Office Buildings NumberOfOfficeBuildings	1	Buildings
CY2012Q4	whlr	Number Of Retail Properties NumberOfRetailProperties	3	Property
CY2012Q4	whlr	Shares Authorized SharesAuthorized	15500000	shares
CY2012Q4	whlr	Rents And Other Tenant Receivables Net RentsAndOtherTenantReceivablesNet	183021
CY2012Q4	whlr	Rents And Other Tenant Receivables Due From Related Parties Net RentsAndOtherTenantReceivablesDueFromRelatedPartiesNet	250063
CY2012Q4	whlr	Unbilled Rent UnbilledRent	328030
CY2012Q4	whlr	Mortgages And Other Indebtness MortgagesAndOtherIndebtness	31843503
CY2012Q4	whlr	Accounts Payable Accrued Expenses And Other Liabilities AccountsPayableAccruedExpensesAndOtherLiabilities	748727
CY2012Q4	whlr	Property Escrows Cost PropertyEscrowsCost	253969
CY2012Q4	us-gaap	Equity Issuance Per Share Amount EquityIssuancePerShareAmount	5.25
CY2012Q4	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	15830000
CY2012Q4	us-gaap	Equity Issuance Per Share Amount EquityIssuancePerShareAmount	5.25
CY2011	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	744931
CY2011	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	37161
CY2011	us-gaap	Profit Loss ProfitLoss	-554599
CY2011	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-33346
CY2011	whlr	Minimum Rent Income MinimumRentIncome	1458083
CY2011	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	349712
CY2011	whlr	Related Party Transaction Amounts Paid To Related Party RelatedPartyTransactionAmountsPaidToRelatedParty	523271
CY2011	whlr	Property Operating Costs PropertyOperatingCosts	352508
CY2011	whlr	Bad Debt Expense BadDebtExpense	20000
CY2011	us-gaap	Real Estate Improvements RealEstateImprovements	33347
CY2011	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	281395
CY2011	us-gaap	Proceeds From Repayments Of Related Party Debt ProceedsFromRepaymentsOfRelatedPartyDebt	-181592
CY2011	us-gaap	Other Income OtherIncome	131217
CY2011	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	239515
CY2011	us-gaap	Interest Paid InterestPaid	803791
CY2011	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	20000
CY2011	us-gaap	Depreciation And Amortization DepreciationAndAmortization	744931
CY2011	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-95630
CY2011	us-gaap	Operating Income Loss OperatingIncomeLoss	251370
CY2011	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	744931
CY2011	us-gaap	Payments For Mortgage Deposits PaymentsForMortgageDeposits	214494
CY2011	us-gaap	Net Income Loss NetIncomeLoss	-554599
CY2011	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	388660
CY2011	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-411996
CY2011	us-gaap	Cost Of Property Repairs And Maintenance CostOfPropertyRepairsAndMaintenance	63253
CY2011	us-gaap	Dividends Dividends	281395
CY2011	us-gaap	Proceeds From Issuance Of Convertible Preferred Stock ProceedsFromIssuanceOfConvertiblePreferredStock	505000
CY2011	us-gaap	Operating Expenses OperatingExpenses	1673907
CY2011	us-gaap	Revenues Revenues	1925277
CY2011	us-gaap	Tenant Reimbursements TenantReimbursements	329452
CY2011	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	505000
CY2011	us-gaap	Real Estate Taxes And Insurance RealEstateTaxesAndInsurance	104555
CY2011	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	33346
CY2011	us-gaap	Marketing And Advertising Expense MarketingAndAdvertisingExpense	27580
CY2011	us-gaap	Interest Expense InterestExpense	805969
CY2011	us-gaap	Valuation Allowances And Reserves Charged To Cost And Expense ValuationAllowancesAndReservesChargedToCostAndExpense	20000
CY2011	whlr	Percentage Of Sales Rent Income PercentageOfSalesRentIncome	6525
CY2011	whlr	Provision For Credit Losses ProvisionForCreditLosses	20000
CY2011	whlr	Increase Decrease In Tenant Receivables And Accrued IncreaseDecreaseInTenantReceivablesAndAccrued	98503
CY2011	whlr	Increase Decrease In Accounts Payable Accrued IncreaseDecreaseInAccountsPayableAccrued	-211543
CY2011	whlr	Increase Decrease In Unbilled Rent IncreaseDecreaseInUnbilledRent	-63501
CY2012	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2012	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2012	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2012
CY2012	dei	Document Type DocumentType	10-K
CY2012	dei	Document Period End Date DocumentPeriodEndDate	2012-12-31
CY2012	dei	Entity Central Index Key EntityCentralIndexKey	0001527541
CY2012	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2012	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2012	dei	Trading Symbol TradingSymbol	WHLR
CY2012	dei	Entity Registrant Name EntityRegistrantName	WHEELER REAL ESTATE INVESTMENT TRUST, INC.
CY2012	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2012	us-gaap	Interest Paid InterestPaid	941185
CY2012	us-gaap	Valuation Allowances And Reserves Deductions ValuationAllowancesAndReservesDeductions	21950
CY2012	dei	Amendment Flag AmendmentFlag	false
CY2012	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
CY2012	us-gaap	Payments To Acquire Other Real Estate PaymentsToAcquireOtherRealEstate	8754718
CY2012	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	822152
CY2012	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-88211
CY2012	us-gaap	Profit Loss ProfitLoss	-1205657
CY2012	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-8802055
CY2012	us-gaap	Real Estate Improvements RealEstateImprovements	47337
CY2012	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	3301502	shares
CY2012	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	126084
CY2012	us-gaap	Proceeds From Repayments Of Related Party Debt ProceedsFromRepaymentsOfRelatedPartyDebt	128855
CY2012	us-gaap	Other Income OtherIncome	18188
CY2012	us-gaap	Real Estate Other Acquisitions RealEstateOtherAcquisitions	30815046
CY2012	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	25000
CY2012	us-gaap	Depreciation And Amortization DepreciationAndAmortization	833713
CY2012	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	1949185
CY2012	us-gaap	Stock Issued During Period Value Acquisitions StockIssuedDuringPeriodValueAcquisitions	494119
CY2012	us-gaap	Operating Income Loss OperatingIncomeLoss	-239544
CY2012	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.35
CY2012	us-gaap	Loss Contingency Damages Awarded Value LossContingencyDamagesAwardedValue	13300
CY2012	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	822152
CY2012	us-gaap	Payments For Mortgage Deposits PaymentsForMortgageDeposits	2826631
CY2012	us-gaap	Net Income Loss NetIncomeLoss	-1161777
CY2012	us-gaap	Stock Issued During Period Value Other StockIssuedDuringPeriodValueOther	2771806
CY2012	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.35
CY2012	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1307151
CY2012	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	3301502	shares
CY2012	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	11041124
CY2012	us-gaap	Income Loss From Continuing Operations Attributable To Noncontrolling Entity IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity	-43880
CY2012	us-gaap	Cost Of Property Repairs And Maintenance CostOfPropertyRepairsAndMaintenance	73877
CY2012	us-gaap	Dividends Dividends	378904
CY2012	us-gaap	Proceeds From Issuance Of Convertible Preferred Stock ProceedsFromIssuanceOfConvertiblePreferredStock	494000
CY2012	us-gaap	Operating Expenses OperatingExpenses	2673523
CY2012	us-gaap	Revenues Revenues	2433979
CY2012	us-gaap	Tenant Reimbursements TenantReimbursements	452110
CY2012	us-gaap	Noncash Or Part Noncash Acquisition Debt Assumed1 NoncashOrPartNoncashAcquisitionDebtAssumed1	22541179
CY2012	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	494000
CY2012	us-gaap	Real Estate Taxes And Insurance RealEstateTaxesAndInsurance	134301
CY2012	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	13131468
CY2012	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	47337
CY2012	us-gaap	Adjustments To Additional Paid In Capital Stock Issued Issuance Costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts	2700000
CY2012	us-gaap	Marketing And Advertising Expense MarketingAndAdvertisingExpense	35765
CY2012	us-gaap	Use Of Estimates UseOfEstimates	<div> <p style="MARGIN-TOP: 0px; MARGIN-BOTTOM: 0px; MARGIN-LEFT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2"><b><i>Use of Estimates</i></b></font></p> <p style="MARGIN-TOP: 6px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">The Company has made estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and revenues and expenses during the reported period. The Company’s actual results could differ from these estimates.</font></p> </div>
CY2012	us-gaap	Interest Expense InterestExpense	966113
CY2012	us-gaap	Business Acquisition Equity Interests Issued Or Issuable Number Of Shares Issued BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued	916923	shares
CY2012	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	13370984
CY2012	us-gaap	Valuation Allowances And Reserves Charged To Cost And Expense ValuationAllowancesAndReservesChargedToCostAndExpense	25000
CY2012	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-289884
CY2012	us-gaap	Loss Contingency Damages Sought Value LossContingencyDamagesSoughtValue	368000
CY2012	whlr	Maturity Of Highly Liquid Investments MaturityOfHighlyLiquidInvestments	P90D
CY2012	whlr	Property Operating Costs PropertyOperatingCosts	311042
CY2012	whlr	Insurance Coverage Amount InsuranceCoverageAmount	250000
CY2012	whlr	Non Cash Contribution From Noncontrolling Interests NonCashContributionFromNoncontrollingInterests	7588970
CY2012	whlr	Number Of Shopping Centers NumberOfShoppingCenters	7	Center
CY2012	whlr	Percentage Of Interest In Partnership PercentageOfInterestInPartnership	0.50	pure
CY2012	whlr	Related Party Transaction Amounts Paid To Related Party RelatedPartyTransactionAmountsPaidToRelatedParty	890165
CY2012	whlr	Minimum Percentage Of Distribution Of Taxable Income To Stockholders MinimumPercentageOfDistributionOfTaxableIncomeToStockholders	0.90	pure
CY2012	whlr	Bad Debt Expense BadDebtExpense	25000
CY2012	whlr	Offering Expenses OfferingExpenses	2700000
CY2012	whlr	Minimum Rent Income MinimumRentIncome	1954321
CY2012	whlr	Percentage Of Sales Rent Income PercentageOfSalesRentIncome	9360
CY2012	whlr	Provision For Credit Losses ProvisionForCreditLosses	25000
CY2012	whlr	Increase Decrease In Tenant Receivables And Accrued IncreaseDecreaseInTenantReceivablesAndAccrued	246445
CY2012	whlr	Increase Decrease In Accounts Payable Accrued IncreaseDecreaseInAccountsPayableAccrued	-182372
CY2012	whlr	Occupancy Level Percentage OccupancyLevelPercentage	0.94	pure
CY2012	whlr	Principal Curtailment Required By Lender In Conjunction With Converting Construction Loan To Permanent Financing PrincipalCurtailmentRequiredByLenderInConjunctionWithConvertingConstructionLoanToPermanentFinancing	250000
CY2012	whlr	Period For Conversion Of Common Units Issued For Property Ownership Interests Into Common Stock PeriodForConversionOfCommonUnitsIssuedForPropertyOwnershipInterestsIntoCommonStock	P180D
CY2012	whlr	Payments To Prior Investors PaymentsToPriorInvestors	4180000
CY2012	whlr	Number Of Properties Held Having Controlling Interest NumberOfPropertiesHeldHavingControllingInterest	5	Property
CY2012	whlr	Number Of Properties Held Having Non Controlling Interest NumberOfPropertiesHeldHavingNonControllingInterest	3	Property
CY2012	whlr	Increase Decrease In Unbilled Rent IncreaseDecreaseInUnbilledRent	-32922

Files In Submission

Name	View Source	Status
0001193125-13-136643-index-headers.html	Edgar Link	pending
0001193125-13-136643-index.html	Edgar Link	pending
0001193125-13-136643.txt	Edgar Link	pending
0001193125-13-136643-xbrl.zip	Edgar Link	pending
d464467d10k.htm	Edgar Link	pending
d464467dex211.htm	Edgar Link	pending
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d464467dex311.htm	Edgar Link	pending
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d464467dex322.htm	Edgar Link	pending
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Financial_Report.xls	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending
whlr-20121231.xml	Edgar Link	completed
whlr-20121231.xsd	Edgar Link	pending
whlr-20121231_cal.xml	Edgar Link	unprocessable
whlr-20121231_def.xml	Edgar Link	unprocessable
whlr-20121231_lab.xml	Edgar Link	unprocessable
whlr-20121231_pre.xml	Edgar Link	unprocessable

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$WHLR
Wheeler Real Estate Investment Trust, Inc. Stock $whlr

2013 Q1 Form 10-K Financial Statement

#000119312513136643 Filed on April 01, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$WHLR Wheeler Real Estate Investment Trust, Inc. Stock $whlr

2013 Q1 Form 10-K Financial Statement

#000119312513136643 Filed on April 01, 2013

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$WHLR
Wheeler Real Estate Investment Trust, Inc. Stock $whlr