$WHLR
Wheeler Real Estate Investment Trust, Inc.

2014 Q3 Form 10-Q Financial Statement

#000152754114000007 Filed on August 14, 2014

View on sec.gov

Income Statement

Concept 2014 Q3 2014 Q2 2013 Q2
Revenue $3.506M $3.634M $1.629M
YoY Change 77.41% 123.07% 235.31%
Cost Of Revenue $1.100M $800.0K $280.0K
YoY Change 189.47% 185.71% 180.0%
Gross Profit $2.410M $1.510M $1.340M
YoY Change 51.57% 12.69% 243.59%
Gross Profit Margin 68.73% 41.56% 82.26%
Selling, General & Admin $3.020M $1.350M $1.560M
YoY Change 15.71% -13.46% 477.78%
% of Gross Profit 125.31% 89.4% 116.42%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.480M $1.730M $1.010M
YoY Change 70.11% 71.29% 461.11%
% of Gross Profit 61.41% 114.57% 75.37%
Operating Expenses $6.133M $4.002M $2.565M
YoY Change 57.38% 56.04% 368.51%
Operating Profit -$2.627M -$368.8K -$936.1K
YoY Change 36.77% -60.6% 1417.48%
Interest Expense $1.492M $1.537M $446.1K
YoY Change 151.89% 244.47% 125.82%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$4.119M -$2.140M -$1.380M
YoY Change 64.1% 55.07% 430.77%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$3.514M -$1.824M -$1.271M
YoY Change 104.37% 43.51% 390.28%
Net Earnings / Revenue -100.23% -50.2% -78.02%
Basic Earnings Per Share
Diluted Earnings Per Share -$3.774M -$1.896M -$1.954M
COMMON SHARES
Basic Shares Outstanding 7.428M shares 7.216M shares 3.302M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2014 Q3 2014 Q2 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $19.90M $16.20M $900.0K
YoY Change 1005.56% 1700.0% 800.0%
Cash & Equivalents $19.86M $16.24M $865.9K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $1.802M $1.663M
Other Receivables
Total Short-Term Assets $21.70M $17.90M $1.700M
YoY Change 703.7% 952.94% 142.86%
LONG-TERM ASSETS
Property, Plant & Equipment $137.5M $100.6M $51.80M
YoY Change 64.47% 94.21% 304.69%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $14.00M $12.00M $4.200M
YoY Change 11.11% 185.71% 223.08%
Total Long-Term Assets $166.6M $122.3M $60.63M
YoY Change 72.81% 101.64% 326.96%
TOTAL ASSETS
Total Short-Term Assets $21.70M $17.90M $1.700M
Total Long-Term Assets $166.6M $122.3M $60.63M
Total Assets $188.3M $140.2M $62.33M
YoY Change 90.0% 124.86% 318.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $5.300M $3.400M $1.400M
YoY Change 96.3% 142.86% 27.27%
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 $5.300M $3.400M $1.400M
YoY Change 96.3% 142.86% 27.27%
LONG-TERM LIABILITIES
Long-Term Debt $129.8M $95.20M $39.90M
YoY Change 94.31% 138.6% 232.5%
Other Long-Term Liabilities $300.0K $2.600M $3.400M
YoY Change -92.5% -23.53%
Total Long-Term Liabilities $130.1M $97.80M $43.30M
YoY Change 83.76% 125.87% 260.83%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.300M $3.400M $1.400M
Total Long-Term Liabilities $130.1M $97.80M $43.30M
Total Liabilities $135.4M $101.2M $48.88M
YoY Change 84.46% 107.04% 244.24%
SHAREHOLDERS EQUITY
Retained Earnings -$21.66M -$16.27M -$8.073M
YoY Change 110.75% 101.58%
Common Stock $74.40K $74.22K $33.02K
YoY Change 4.47% 124.8%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $45.36M $32.09M $7.527M
YoY Change
Total Liabilities & Shareholders Equity $188.3M $140.2M $62.33M
YoY Change 90.0% 124.86% 318.31%

Cashflow Statement

Concept 2014 Q3 2014 Q2 2013 Q2
OPERATING ACTIVITIES
Net Income -$3.514M -$1.824M -$1.271M
YoY Change 104.37% 43.51% 390.28%
Depreciation, Depletion And Amortization $1.480M $1.730M $1.010M
YoY Change 70.11% 71.29% 461.11%
Cash From Operating Activities -$3.100M -$1.680M -$1.240M
YoY Change 694.87% 35.48% 1671.43%
INVESTING ACTIVITIES
Capital Expenditures -$11.42M -$150.0K -$4.160M
YoY Change 13.29% -96.39%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change
Cash From Investing Activities -$11.42M -$150.0K -$4.160M
YoY Change 13.29% -96.39%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 18.14M 15.94M 5.200M
YoY Change 58.71% 206.54% 17233.33%
NET CHANGE
Cash From Operating Activities -3.100M -1.680M -1.240M
Cash From Investing Activities -11.42M -150.0K -4.160M
Cash From Financing Activities 18.14M 15.94M 5.200M
Net Change In Cash 3.620M 14.11M -200.0K
YoY Change 277.08% -7155.0% 400.0%
FREE CASH FLOW
Cash From Operating Activities -$3.100M -$1.680M -$1.240M
Capital Expenditures -$11.42M -$150.0K -$4.160M
Free Cash Flow $8.320M -$1.530M $2.920M
YoY Change -14.14% -152.4% -4271.43%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2013Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1594864 USD
CY2014Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1663027 USD
CY2013Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
28169693 USD
CY2014Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
28092906 USD
us-gaap Adjustment For Amortization
AdjustmentForAmortization
664344 USD
us-gaap Adjustment For Amortization
AdjustmentForAmortization
2106965 USD
CY2014Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
154046 USD
CY2013Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
182078 USD
CY2014Q2 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
0 USD
us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
0 USD
us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
0 USD
CY2013Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
75000000 shares
CY2014Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
75000000 shares
CY2014Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
7421852 shares
CY2013Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
7121000 shares
CY2014Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
7421852 shares
CY2013Q2 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
0 USD
CY2014Q2 us-gaap Assets
Assets
140152297 USD
CY2013Q4 us-gaap Assets
Assets
125370266 USD
CY2014Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
16243867 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1155083 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2053192 USD
CY2013Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
865855 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-1187337 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
15088784 USD
CY2014Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights
4.75
CY2014Q1 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
227372 shares
CY2013Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
0 USD
CY2014Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
0 USD
CY2013Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2014Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2013Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
7121000 shares
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
71210 USD
CY2014Q2 us-gaap Common Stock Value
CommonStockValue
74218 USD
us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2013Q4 us-gaap Customer Advances And Deposits
CustomerAdvancesAndDeposits
0 USD
CY2014Q2 us-gaap Customer Advances And Deposits
CustomerAdvancesAndDeposits
2865000 USD
CY2013Q4 us-gaap Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
20847984 USD
CY2014Q2 us-gaap Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
21692120 USD
CY2013Q4 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
3720812 USD
CY2014Q2 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
3572474 USD
CY2014Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
2896211 USD
CY2013Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
3110904 USD
us-gaap Depreciation
Depreciation
668342 USD
us-gaap Depreciation
Depreciation
1414581 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
3521546 USD
CY2014Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1735944 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
1332686 USD
CY2013Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
684554 USD
us-gaap Dividends
Dividends
2397695 USD
CY2014Q1 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
0.035
CY2014Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
322896 USD
CY2014Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.31
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.52
CY2013Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.39
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.47
CY2013Q4 us-gaap Escrow Deposit
EscrowDeposit
2151755 USD
CY2014Q2 us-gaap Escrow Deposit
EscrowDeposit
2520911 USD
CY2014Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1385549 USD
CY2013Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1572775 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2217867 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2156567 USD
CY2013Q2 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
-111248 USD
CY2014Q2 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
-81451 USD
us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
-168703 USD
us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
-156904 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
493223 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
734739 USD
us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
100709 USD
us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
127712 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1486622 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
2869471 USD
us-gaap Increase Decrease In Unbilled Receivables
IncreaseDecreaseInUnbilledReceivables
-32922 USD
us-gaap Increase Decrease In Unbilled Receivables
IncreaseDecreaseInUnbilledReceivables
-138109 USD
us-gaap Interest Expense
InterestExpense
995715 USD
CY2013Q2 us-gaap Interest Expense
InterestExpense
446087 USD
us-gaap Interest Expense
InterestExpense
2905575 USD
CY2014Q2 us-gaap Interest Expense
InterestExpense
1536637 USD
us-gaap Interest Paid
InterestPaid
2802810 USD
us-gaap Interest Paid
InterestPaid
968912 USD
CY2013Q4 us-gaap Liabilities
Liabilities
99763457 USD
CY2014Q2 us-gaap Liabilities
Liabilities
101207572 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
125370266 USD
CY2014Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
140152297 USD
CY2014Q2 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
36822744 USD
CY2014Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
9281296 USD
CY2014Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
7577403 USD
CY2014Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
11910283 USD
CY2014Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
9732404 USD
CY2014Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
19912015 USD
CY2013Q3 us-gaap Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
267000 USD
CY2013Q2 us-gaap Loss Contingency Damages Awarded Value
LossContingencyDamagesAwardedValue
13300 USD
CY2013Q2 us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
368000 USD
CY2014Q2 us-gaap Minority Interest
MinorityInterest
6855188 USD
CY2013Q4 us-gaap Minority Interest
MinorityInterest
7206109 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
4388975 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
16899110 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-187507 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4266585 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1309727 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1622819 USD
us-gaap Net Income Loss
NetIncomeLoss
-2982626 USD
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
-1823990 USD
us-gaap Net Income Loss
NetIncomeLoss
-1704641 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
5948100 USD
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
-1270959 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
2818494 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-3446884 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1727141 USD
CY2014Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2247545 USD
CY2013Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1293459 USD
CY2014Q2 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
23 property
CY2014Q2 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
2610379 USD
CY2013Q4 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
2674566 USD
us-gaap Operating Expenses
OperatingExpenses
7543600 USD
us-gaap Operating Expenses
OperatingExpenses
4112726 USD
CY2013Q2 us-gaap Operating Expenses
OperatingExpenses
2565100 USD
CY2014Q2 us-gaap Operating Expenses
OperatingExpenses
4002498 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-865830 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-245754 USD
CY2013Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-936120 USD
CY2014Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-368804 USD
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
73945021 USD
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
11494343 USD
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
4342594 USD
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
6798723 USD
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
8726510 USD
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
10340622 USD
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
32242229 USD
CY2013Q2 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
1425462 USD
CY2014Q2 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
2999290 USD
CY2013Q4 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
2526388 USD
CY2014Q2 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
3361048 USD
CY2014Q2 us-gaap Other Assets
OtherAssets
276066 USD
CY2013Q4 us-gaap Other Assets
OtherAssets
533940 USD
us-gaap Other Noncash Expense
OtherNoncashExpense
27902 USD
us-gaap Other Noncash Expense
OtherNoncashExpense
228844 USD
us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
1349746 USD
CY2014Q2 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
634404 USD
us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
428402 USD
CY2013Q2 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
203518 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
2012149 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
997659 USD
us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
4024900 USD
us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
0 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
241685 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
187507 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
464258 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
22500 USD
CY2013Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
22500 USD
CY2014Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
423555 USD
CY2014Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2014Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
828000 shares
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain reclassifications have been made to prior period amounts to make their presentation comparable with the current period. These reclassifications had no impact on net income.</font></div></div>
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
18671378 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
4157000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
2160000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
12375481 USD
us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
-208929 USD
us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
-476531 USD
us-gaap Profit Loss
ProfitLoss
-1861545 USD
us-gaap Profit Loss
ProfitLoss
-3151329 USD
CY2014Q2 us-gaap Profit Loss
ProfitLoss
-1905441 USD
CY2013Q2 us-gaap Profit Loss
ProfitLoss
-1382207 USD
CY2013Q2 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
22903 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
37903 USD
CY2014Q2 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-28032 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-28032 USD
CY2013Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
5059698 USD
CY2014Q2 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
6474279 USD
CY2014Q2 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
107027562 USD
CY2013Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
106832033 USD
CY2013Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
101772335 USD
CY2014Q2 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
100553283 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
1443588 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
10936918 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-11298253 USD
CY2014Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-16274152 USD
CY2014Q2 us-gaap Revenues
Revenues
3633694 USD
us-gaap Revenues
Revenues
3246896 USD
us-gaap Revenues
Revenues
7297846 USD
CY2013Q2 us-gaap Revenues
Revenues
1628980 USD
CY2014Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
468549 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
145000 shares
us-gaap Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
31451 shares
us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
3425 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
18671378 USD
us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
145000 USD
CY2013Q4 us-gaap Secured Debt
SecuredDebt
94562503 USD
CY2014Q2 us-gaap Secured Debt
SecuredDebt
95236145 USD
us-gaap Share Based Compensation
ShareBasedCompensation
0 USD
us-gaap Share Based Compensation
ShareBasedCompensation
145000 USD
CY2014Q2 us-gaap Stockholders Equity
StockholdersEquity
32089537 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
18400700 USD
CY2014Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
38944725 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
25606809 USD
whlr Property Operating Costs
PropertyOperatingCosts
585570 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-bottom:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">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 periods. The Company&#8217;s actual results could differ from these estimates.</font></div></div>
CY2014Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
7329788 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
7258068 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
3301502 shares
CY2013Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
3301502 shares
whlr Minimum Percentage Of Distribution Of Taxable Income To Stockholders
MinimumPercentageOfDistributionOfTaxableIncomeToStockholders
0.90
whlr Past Due Rent Term
PastDueRentTerm
P5D
CY2014Q2 whlr Property Operating Costs
PropertyOperatingCosts
909037 USD
CY2013Q2 whlr Property Operating Costs
PropertyOperatingCosts
284868 USD
whlr Property Operating Costs
PropertyOperatingCosts
1832219 USD
CY2013Q4 whlr Tenant Relationships
TenantRelationships
2372600 USD
CY2014Q2 whlr Tenant Relationships
TenantRelationships
1845630 USD
whlr Term Of Disqualification To Be Taxed As Reit Due To Losses Of Reit Status
TermOfDisqualificationToBeTaxedAsReitDueToLossesOfReitStatus
P5Y
CY2014Q1 whlr Warrant Expiration Date
WarrantExpirationDate
2019-01-31
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
dei Document Period End Date
DocumentPeriodEndDate
2014-06-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001527541
CY2014Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
7428208 shares
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
dei Entity Registrant Name
EntityRegistrantName
Wheeler Real Estate Investment Trust, Inc.

Files In Submission

Name View Source Status
0001527541-14-000007-index-headers.html Edgar Link pending
0001527541-14-000007-index.html Edgar Link pending
0001527541-14-000007.txt Edgar Link pending
0001527541-14-000007-xbrl.zip Edgar Link pending
a6302014whlr10-q.htm Edgar Link pending
ex311.htm Edgar Link pending
ex312.htm Edgar Link pending
ex32.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
R4.htm Edgar Link pending
R5.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
whlr-20140630.xml Edgar Link completed
whlr-20140630.xsd Edgar Link pending
whlr-20140630_cal.xml Edgar Link unprocessable
whlr-20140630_def.xml Edgar Link unprocessable
whlr-20140630_lab.xml Edgar Link unprocessable
whlr-20140630_pre.xml Edgar Link unprocessable