$WHLR
Wheeler Real Estate Investment Trust, Inc.
Stock
$whlr
2019 Q4 Form 10-Q Financial Statement
#000152754119000060 Filed on November 07, 2019
Income Statement
Concept | 2019 Q4 | 2019 Q3 | 2018 Q3 |
---|---|---|---|
Revenue | $16.07M | $15.57M | $16.07M |
YoY Change | 0.63% | -3.16% | 5.76% |
Cost Of Revenue | $4.840M | $4.970M | $4.690M |
YoY Change | 3.64% | 5.97% | 25.74% |
Gross Profit | $11.23M | $10.60M | $11.39M |
YoY Change | -0.62% | -6.94% | -0.7% |
Gross Profit Margin | 69.88% | 68.1% | 70.86% |
Selling, General & Admin | $2.090M | $1.350M | $1.730M |
YoY Change | 18.08% | -21.97% | -9.9% |
% of Gross Profit | 18.61% | 12.74% | 15.19% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $5.150M | $2.920M | $3.050M |
YoY Change | -16.26% | -4.26% | 15.09% |
% of Gross Profit | 45.86% | 27.55% | 26.78% |
Operating Expenses | $7.240M | $11.78M | $12.71M |
YoY Change | -8.59% | -7.28% | -5.3% |
Operating Profit | $3.990M | $3.701M | $4.622M |
YoY Change | 18.05% | -19.93% | 159.96% |
Interest Expense | -$4.590M | $4.654M | $5.183M |
YoY Change | -13.23% | -10.21% | 21.95% |
% of Operating Profit | -115.04% | 125.75% | 112.14% |
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | -$680.0K | -$952.0K | -$560.0K |
YoY Change | -94.74% | 70.0% | -73.43% |
Income Tax | -$10.00K | $8.000K | $30.00K |
% Of Pretax Income | |||
Net Earnings | -$670.0K | -$959.0K | -$602.0K |
YoY Change | -94.66% | 59.3% | -70.81% |
Net Earnings / Revenue | -4.17% | -6.16% | -3.75% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$69.14K | -$99.07K | -$63.90K |
COMMON SHARES | |||
Basic Shares Outstanding | 9.693M shares | 9.693M shares | 9.383M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2019 Q4 | 2019 Q3 | 2018 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $5.500M | $5.200M | $3.600M |
YoY Change | 57.14% | 44.44% | -36.84% |
Cash & Equivalents | $5.451M | $5.233M | $3.638M |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | $6.905M | $5.947M | $4.675M |
Other Receivables | |||
Total Short-Term Assets | $12.40M | $11.10M | $8.300M |
YoY Change | 37.78% | 33.73% | -36.64% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $427.9M | $430.0M | $427.0M |
YoY Change | -1.86% | 0.7% | 11.23% |
Goodwill | $5.486M | ||
YoY Change | 0.0% | ||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $38.90M | $42.30M | $71.60M |
YoY Change | -23.12% | -40.92% | 52.02% |
Total Long-Term Assets | $472.0M | $478.1M | $518.8M |
YoY Change | -5.43% | -7.84% | 13.28% |
TOTAL ASSETS | |||
Total Short-Term Assets | $12.40M | $11.10M | $8.300M |
Total Long-Term Assets | $472.0M | $478.1M | $518.8M |
Total Assets | $484.4M | $489.2M | $527.1M |
YoY Change | -4.67% | -7.19% | 11.89% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $9.600M | $10.60M | $12.70M |
YoY Change | -20.66% | -16.54% | 23.3% |
Accrued Expenses | $11.90M | $11.90M | |
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 | $21.50M | $22.50M | $15.70M |
YoY Change | 77.69% | 43.31% | -0.63% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $340.9M | $342.8M | $354.1M |
YoY Change | -5.36% | -3.19% | 15.34% |
Other Long-Term Liabilities | $8.700M | $10.00M | $23.40M |
YoY Change | -40.41% | -57.26% | 125.0% |
Total Long-Term Liabilities | $349.6M | $352.8M | $377.5M |
YoY Change | -6.72% | -6.54% | 18.94% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $21.50M | $22.50M | $15.70M |
Total Long-Term Liabilities | $349.6M | $352.8M | $377.5M |
Total Liabilities | $371.1M | $375.3M | $393.2M |
YoY Change | -4.07% | -4.56% | 18.04% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$251.6M | -$248.3M | -$218.5M |
YoY Change | 7.89% | 13.65% | 14.24% |
Common Stock | $97.00K | $97.00K | $94.00K |
YoY Change | 2.11% | 3.19% | 8.05% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $23.93M | $27.16M | $56.03M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $484.4M | $489.2M | $527.1M |
YoY Change | -4.67% | -7.19% | 11.89% |
Cashflow Statement
Concept | 2019 Q4 | 2019 Q3 | 2018 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$670.0K | -$959.0K | -$602.0K |
YoY Change | -94.66% | 59.3% | -70.81% |
Depreciation, Depletion And Amortization | $5.150M | $2.920M | $3.050M |
YoY Change | -16.26% | -4.26% | 15.09% |
Cash From Operating Activities | $2.630M | $4.810M | $5.910M |
YoY Change | -23.99% | -18.61% | 20.12% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$1.310M | -$460.0K | -$1.110M |
YoY Change | -23.84% | -58.56% | -46.63% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | $0.00 | $2.070M |
YoY Change | -100.0% | -100.0% | -1578.57% |
Cash From Investing Activities | -$1.300M | -$460.0K | $960.0K |
YoY Change | -9.09% | -147.92% | -143.24% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -2.270M | -2.180M | -5.140M |
YoY Change | -48.17% | -57.59% | 25.06% |
NET CHANGE | |||
Cash From Operating Activities | 2.630M | 4.810M | 5.910M |
Cash From Investing Activities | -1.300M | -460.0K | 960.0K |
Cash From Financing Activities | -2.270M | -2.180M | -5.140M |
Net Change In Cash | -940.0K | 2.170M | 1.730M |
YoY Change | -60.0% | 25.43% | -222.7% |
FREE CASH FLOW | |||
Cash From Operating Activities | $2.630M | $4.810M | $5.910M |
Capital Expenditures | -$1.310M | -$460.0K | -$1.110M |
Free Cash Flow | $3.940M | $5.270M | $7.020M |
YoY Change | -23.94% | -24.93% | 0.29% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
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AmendmentFlag
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false | ||
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Current Fiscal Year End Date
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Q3 | ||
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Document Fiscal Year Focus
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2019 | ||
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Document Period End Date
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|
2019-09-30 | ||
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Document Type
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10-Q | ||
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Entity Central Index Key
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Entity Emerging Growth Company
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Entity Filer Category
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Non-accelerated Filer | ||
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Entity Registrant Name
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Wheeler Real Estate Investment Trust, Inc. | ||
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-1.48 | ||
CY2019Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.48 | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-1.90 | ||
CY2018Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
50550000 | USD |
CY2019Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
55360000 | USD |
CY2019Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
1791000 | USD |
CY2019Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
2283000 | USD |
CY2019Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
2908000 | USD |
CY2019Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
3715000 | USD |
CY2019Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
5838000 | USD |
CY2019Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
22508000 | USD |
us-gaap |
Gain Loss On Disposition Of Real Estate Discontinued Operations
GainLossOnDispositionOfRealEstateDiscontinuedOperations
|
903000 | USD | |
us-gaap |
Gain Loss On Disposition Of Real Estate Discontinued Operations
GainLossOnDispositionOfRealEstateDiscontinuedOperations
|
0 | USD | |
CY2018Q3 | us-gaap |
Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
|
1257000 | USD |
us-gaap |
Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
|
2312000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-1738000 | USD | |
CY2019Q3 | us-gaap |
Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
|
-81000 | USD |
us-gaap |
Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
|
1427000 | USD | |
CY2018Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1703000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
6479000 | USD | |
CY2019Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1349000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
4543000 | USD | |
us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
0 | USD | |
us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
1547000 | USD | |
CY2018Q3 | us-gaap |
Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
12000 | USD |
us-gaap |
Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
-70000 | USD | |
CY2019Q3 | us-gaap |
Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
-1000 | USD |
us-gaap |
Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
|
-100000 | USD | |
CY2018Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-560000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-4853000 | USD | |
CY2019Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-952000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-7445000 | USD | |
CY2018Q3 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-590000 | USD |
us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-4925000 | USD | |
CY2019Q3 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-960000 | USD |
us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-7468000 | USD | |
CY2018Q3 | us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
-0.41 | |
us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
-1.58 | ||
CY2019Q3 | us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
-0.48 | |
us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
-1.90 | ||
CY2018Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
30000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
72000 | USD | |
CY2019Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
8000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
23000 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
39000 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
6000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
2466000 | USD | |
us-gaap |
Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
|
520000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-71000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
335000 | USD | |
us-gaap |
Increase Decrease In Unbilled Receivables
IncreaseDecreaseInUnbilledReceivables
|
1037000 | USD | |
us-gaap |
Increase Decrease In Unbilled Receivables
IncreaseDecreaseInUnbilledReceivables
|
60000 | USD | |
CY2018Q3 | us-gaap |
Interest Expense
InterestExpense
|
5183000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
14940000 | USD | |
CY2019Q3 | us-gaap |
Interest Expense
InterestExpense
|
4654000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
14394000 | USD | |
CY2018Q3 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
1000 | USD |
us-gaap |
Interest Income Operating
InterestIncomeOperating
|
3000 | USD | |
CY2019Q3 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
1000 | USD |
us-gaap |
Interest Income Operating
InterestIncomeOperating
|
2000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
13084000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
13218000 | USD | |
CY2019Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
26399000 | USD |
CY2019Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
642000 | USD |
CY2019Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
640000 | USD |
CY2019Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
637000 | USD |
CY2019Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
583000 | USD |
CY2019Q3 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
144000 | USD |
CY2019Q3 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
14478000 | USD |
CY2019Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
|
200502000 | USD |
CY2019Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
|
22962000 | USD |
CY2019Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
|
28790000 | USD |
CY2019Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
|
11817000 | USD |
CY2019Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
|
41662000 | USD |
CY2019Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
|
35531000 | USD |
CY2019Q3 | us-gaap |
Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
|
43201000 | USD |
CY2018Q4 | us-gaap |
Liabilities
Liabilities
|
386871000 | USD |
CY2019Q3 | us-gaap |
Liabilities
Liabilities
|
375293000 | USD |
CY2018Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
508081000 | USD |
CY2019Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
489201000 | USD |
CY2018Q4 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
|
4520000 | USD |
CY2019Q3 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
|
2060000 | USD |
CY2018Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
364468000 | USD |
CY2019Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
344785000 | USD |
CY2019Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
64390000 | USD |
CY2019Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
85326000 | USD |
CY2019Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
8482000 | USD |
CY2019Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
10944000 | USD |
CY2019Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
22506000 | USD |
CY2019Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
48899000 | USD |
CY2018Q3 | us-gaap |
Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
|
1000000 | USD |
CY2018 | us-gaap |
Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
|
0 | USD |
CY2019Q3 | us-gaap |
Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
|
0 | USD |
CY2018Q4 | us-gaap |
Minority Interest
MinorityInterest
|
2194000 | USD |
CY2019Q3 | us-gaap |
Minority Interest
MinorityInterest
|
2094000 | USD |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
10541000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-10262000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-21021000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
2174000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
18540000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
12616000 | USD | |
CY2018Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-602000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-3952000 | USD | |
CY2019Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-959000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-7368000 | USD | |
CY2018Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-3810000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-13573000 | USD | |
CY2019Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-4616000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-18340000 | USD | |
us-gaap |
Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
|
58867000 | USD | |
us-gaap |
Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
|
0 | USD | |
CY2018Q4 | us-gaap |
Notes Receivable Related Parties Noncurrent
NotesReceivableRelatedPartiesNoncurrent
|
5000000 | USD |
CY2019Q3 | us-gaap |
Notes Receivable Related Parties Noncurrent
NotesReceivableRelatedPartiesNoncurrent
|
0 | USD |
CY2019Q3 | us-gaap |
Number Of Real Estate Properties
NumberOfRealEstateProperties
|
61 | property |
CY2018Q4 | us-gaap |
Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
|
10045000 | USD |
CY2019Q3 | us-gaap |
Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
|
7909000 | USD |
CY2018Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
12708000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
41535000 | USD | |
CY2019Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
11783000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
41572000 | USD | |
CY2018Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
4622000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
10084000 | USD | |
CY2019Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
3701000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
6947000 | USD | |
CY2018Q3 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
204000 | USD |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
608000 | USD | |
CY2019Q3 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
238000 | USD |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
732000 | USD | |
CY2018Q3 | us-gaap |
Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
|
15756000 | USD |
us-gaap |
Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
|
47288000 | USD | |
CY2019Q3 | us-gaap |
Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
|
15385000 | USD |
us-gaap |
Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
|
46546000 | USD | |
CY2018Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
0 | USD |
CY2019Q3 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
11921000 | USD |
CY2019Q3 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
161000 | USD |
us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
500000 | USD | |
CY2018Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
0 | USD |
CY2019Q3 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
11698000 | USD |
CY2019Q3 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P35Y | |
CY2018Q4 | us-gaap |
Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
|
12116000 | USD |
CY2019Q3 | us-gaap |
Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
|
10592000 | USD |
CY2018Q4 | us-gaap |
Other Assets
OtherAssets
|
716000 | USD |
CY2019Q3 | us-gaap |
Other Assets
OtherAssets
|
749000 | USD |
CY2018Q3 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
250000 | USD |
us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
250000 | USD | |
CY2019Q3 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
0 | USD |
us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
0 | USD | |
CY2018Q3 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
168000 | USD |
us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
717000 | USD | |
CY2019Q3 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
80000 | USD |
us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
364000 | USD | |
CY2018Q3 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
110000 | USD |
us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
408000 | USD | |
CY2019Q3 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
4000 | USD |
us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
140000 | USD | |
CY2018Q3 | us-gaap |
Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
|
1792000 | USD |
us-gaap |
Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
|
6630000 | USD | |
CY2019Q3 | us-gaap |
Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
|
1349000 | USD |
us-gaap |
Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
|
4543000 | USD | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
11554000 | USD | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
0 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
1192000 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
537000 | USD | |
us-gaap |
Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
|
23153000 | USD | |
us-gaap |
Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
|
24000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
3846000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1405000 | USD | |
us-gaap |
Preferred Stock Accretion Of Redemption Discount
PreferredStockAccretionOfRedemptionDiscount
|
509000 | USD | |
us-gaap |
Preferred Stock Accretion Of Redemption Discount
PreferredStockAccretionOfRedemptionDiscount
|
510000 | USD | |
CY2018Q3 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
3208000 | USD |
us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
9621000 | USD | |
CY2019Q3 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
0 | USD |
us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
0 | USD | |
CY2019Q3 | us-gaap |
Preferred Stock Redemption Price Per Share
PreferredStockRedemptionPricePerShare
|
25.00 | |
us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
21158000 | USD | |
us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
0 | USD | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
28487000 | USD | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
24165000 | USD | |
us-gaap |
Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
|
3231000 | USD | |
us-gaap |
Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
|
3584000 | USD | |
us-gaap |
Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
|
2747000 | USD | |
us-gaap |
Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
|
19000 | USD | |
CY2018Q3 | us-gaap |
Professional Fees
ProfessionalFees
|
554000 | USD |
us-gaap |
Professional Fees
ProfessionalFees
|
2001000 | USD | |
CY2019Q3 | us-gaap |
Professional Fees
ProfessionalFees
|
455000 | USD |
us-gaap |
Professional Fees
ProfessionalFees
|
1562000 | USD | |
CY2018Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-1872000 | USD |
CY2018Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-1560000 | USD |
CY2018Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-590000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
-4022000 | USD | |
CY2019Q1 | us-gaap |
Profit Loss
ProfitLoss
|
655000 | USD |
CY2019Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-7163000 | USD |
CY2019Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-960000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
-7468000 | USD | |
whlr |
Noncashor Part Noncash Acquisition Interest Acquired Value
NoncashorPartNoncashAcquisitionInterestAcquiredValue
|
1130000 | USD | |
us-gaap |
Property Management Fee Percent Fee
PropertyManagementFeePercentFee
|
0.03 | ||
us-gaap |
Property Management Fee Percent Fee
PropertyManagementFeePercentFee
|
0.03 | ||
CY2018Q3 | us-gaap |
Property Management Fee Revenue
PropertyManagementFeeRevenue
|
48000 | USD |
us-gaap |
Property Management Fee Revenue
PropertyManagementFeeRevenue
|
220000 | USD | |
CY2019Q3 | us-gaap |
Property Management Fee Revenue
PropertyManagementFeeRevenue
|
16000 | USD |
us-gaap |
Property Management Fee Revenue
PropertyManagementFeeRevenue
|
42000 | USD | |
CY2018Q3 | us-gaap |
Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
|
149000 | USD |
us-gaap |
Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
|
412000 | USD | |
CY2019Q3 | us-gaap |
Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
|
115000 | USD |
us-gaap |
Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
|
315000 | USD | |
CY2018Q4 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
40189000 | USD |
CY2019Q3 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
47483000 | USD |
CY2018Q4 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
476195000 | USD |
CY2019Q3 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
465821000 | USD |
CY2018Q4 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
436006000 | USD |
CY2019Q3 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
418338000 | USD |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
26282000 | USD | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
33890000 | USD | |
CY2018Q3 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
16708000 | USD |
CY2018Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
14455000 | USD |
CY2019Q3 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
17294000 | USD |
CY2018Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-233184000 | USD |
CY2019Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-248319000 | USD |
CY2018Q3 | us-gaap |
Revenues
Revenues
|
16073000 | USD |
us-gaap |
Revenues
Revenues
|
49307000 | USD | |
CY2019Q3 | us-gaap |
Revenues
Revenues
|
15565000 | USD |
us-gaap |
Revenues
Revenues
|
47092000 | USD | |
CY2019Q3 | 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
|
11904000 | USD | |
CY2018Q3 | us-gaap |
Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
|
638000 | USD |
us-gaap |
Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
|
2309000 | USD | |
CY2019Q3 | us-gaap |
Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
|
444000 | USD |
us-gaap |
Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
|
1371000 | USD | |
CY2018Q4 | us-gaap |
Secured Debt
SecuredDebt
|
360190000 | USD |
CY2019Q3 | us-gaap |
Secured Debt
SecuredDebt
|
342811000 | USD |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
727000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
244000 | USD | |
CY2018Q1 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
1130000 | USD |
CY2018Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
330000 | USD |
CY2018Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
398000 | USD |
CY2018Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
166000 | USD |
CY2019Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
166000 | USD |
CY2018Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
42061000 | USD |
CY2019Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
27157000 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
70596000 | USD |
CY2018Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
66999000 | USD |
CY2018Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
62653000 | USD |
CY2018Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
59042000 | USD |
CY2018Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
44255000 | USD |
CY2019Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
42509000 | USD |
CY2019Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
32778000 | USD |
CY2019Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
29251000 | USD |
us-gaap |
Straight Line Rent Adjustments
StraightLineRentAdjustments
|
16000 | USD | |
us-gaap |
Straight Line Rent Adjustments
StraightLineRentAdjustments
|
140000 | USD | |
CY2018Q3 | us-gaap |
Taxes And Licenses
TaxesAndLicenses
|
23000 | USD |
us-gaap |
Taxes And Licenses
TaxesAndLicenses
|
227000 | USD | |
CY2019Q3 | us-gaap |
Taxes And Licenses
TaxesAndLicenses
|
40000 | USD |
us-gaap |
Taxes And Licenses
TaxesAndLicenses
|
172000 | USD | |
CY2018Q3 | us-gaap |
Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
|
0 | USD |
us-gaap |
Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
|
0 | USD | |
CY2019Q3 | us-gaap |
Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
|
3657000 | USD |
us-gaap |
Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
|
10972000 | USD | |
CY2018Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
9385666 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
9179366 | shares | |
CY2019Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
9693271 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
9664582 | shares | |
whlr |
Asset Management Fee Percent Fee
AssetManagementFeePercentFee
|
0.02 | ||
whlr |
Asset Management Fee Percent Fee
AssetManagementFeePercentFee
|
0.02 | ||
CY2018Q3 | whlr |
Corporate Administration Expense
CorporateAdministrationExpense
|
299000 | USD |
whlr |
Corporate Administration Expense
CorporateAdministrationExpense
|
968000 | USD | |
CY2019Q3 | whlr |
Corporate Administration Expense
CorporateAdministrationExpense
|
326000 | USD |
whlr |
Corporate Administration Expense
CorporateAdministrationExpense
|
934000 | USD | |
whlr |
Creditlossesonoperatingleasereceivables
Creditlossesonoperatingleasereceivables
|
412000 | USD | |
whlr |
Creditlossesonoperatingleasereceivables
Creditlossesonoperatingleasereceivables
|
315000 | USD | |
CY2018Q4 | whlr |
Disposal Group Including Discontinued Operation Liabilities Noncurrent Netof Deferred Finance Costs
DisposalGroupIncludingDiscontinuedOperationLiabilitiesNoncurrentNetofDeferredFinanceCosts
|
4278000 | USD |
CY2019Q3 | whlr |
Disposal Group Including Discontinued Operation Liabilities Noncurrent Netof Deferred Finance Costs
DisposalGroupIncludingDiscontinuedOperationLiabilitiesNoncurrentNetofDeferredFinanceCosts
|
1974000 | USD |
CY2019Q3 | whlr |
Finite Lived Intangible Assets Amortization Expense Year Six
FiniteLivedIntangibleAssetsAmortizationExpenseYearSix
|
1652000 | USD |
CY2019Q3 | whlr |
Finite Lived Intangible Assets Amortization Expense Year Six Thereafter
FiniteLivedIntangibleAssetsAmortizationExpenseYearSixThereafter
|
4321000 | USD |
CY2018Q3 | whlr |
Generaland Administrative Expense Allocatedto Non Reit Managementand Leasing Services
GeneralandAdministrativeExpenseAllocatedtoNonREITManagementandLeasingServices
|
89000 | USD |
whlr |
Generaland Administrative Expense Allocatedto Non Reit Managementand Leasing Services
GeneralandAdministrativeExpenseAllocatedtoNonREITManagementandLeasingServices
|
151000 | USD | |
CY2019Q3 | whlr |
Generaland Administrative Expense Allocatedto Non Reit Managementand Leasing Services
GeneralandAdministrativeExpenseAllocatedtoNonREITManagementandLeasingServices
|
0 | USD |
whlr |
Generaland Administrative Expense Allocatedto Non Reit Managementand Leasing Services
GeneralandAdministrativeExpenseAllocatedtoNonREITManagementandLeasingServices
|
0 | USD | |
whlr |
Insurance Coverage Amount
InsuranceCoverageAmount
|
250000 | USD | |
CY2019Q3 | whlr |
Lessee Operating Lease Liability Payments Due After Year Six
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearSix
|
23109000 | USD |
CY2019Q3 | whlr |
Lessee Operating Lease Liability Payments Due Year Six
LesseeOperatingLeaseLiabilityPaymentsDueYearSix
|
644000 | USD |
CY2019Q3 | whlr |
Lessor Operating Lease Optionto Extend Amount
LessorOperatingLeaseOptiontoExtendAmount
|
7540000 | USD |
CY2019Q3 | whlr |
Lessor Operating Lease Paymentstobe Received Six Years
LessorOperatingLeasePaymentstobeReceivedSixYears
|
16539000 | USD |
CY2019Q3 | whlr |
Longterm Debt Maturities Repaymentsof Principal After Year Six
LongtermDebtMaturitiesRepaymentsofPrincipalAfterYearSix
|
128908000 | USD |
CY2019Q3 | whlr |
Longterm Debt Maturities Repaymentsof Principalin Year Six
LongtermDebtMaturitiesRepaymentsofPrincipalinYearSix
|
44020000 | USD |
whlr |
Maturity Of Highly Liquid Investments
MaturityOfHighlyLiquidInvestments
|
P90D | ||
whlr |
Minimum Percentage Of Distribution Of Taxable Income To Stockholders
MinimumPercentageOfDistributionOfTaxableIncomeToStockholders
|
0.9 | ||
whlr |
Noncashor Part Noncash Acquisition Interest Acquired Value
NoncashorPartNoncashAcquisitionInterestAcquiredValue
|
0 | USD | |
CY2019Q3 | whlr |
Number Of Office Buildings
NumberOfOfficeBuildings
|
1 | Building |
CY2019Q3 | whlr |
Numberof Undeveloped Land Parcels
NumberofUndevelopedLandParcels
|
6 | parcel |
CY2018Q4 | whlr |
Offmarketlease Favorable
OffmarketleaseFavorable
|
7346000 | USD |
CY2019Q3 | whlr |
Offmarketlease Favorable
OffmarketleaseFavorable
|
5678000 | USD |
whlr |
Past Due Rent Term
PastDueRentTerm
|
P5D | ||
CY2018Q3 | whlr |
Property Operating Costs
PropertyOperatingCosts
|
4687000 | USD |
whlr |
Property Operating Costs
PropertyOperatingCosts
|
13804000 | USD | |
CY2019Q3 | whlr |
Property Operating Costs
PropertyOperatingCosts
|
4967000 | USD |
whlr |
Property Operating Costs
PropertyOperatingCosts
|
14288000 | USD | |
CY2018Q3 | whlr |
Provision Recoveriesfor Doubtful Accounts
ProvisionRecoveriesforDoubtfulAccounts
|
149000 | USD |
whlr |
Provision Recoveriesfor Doubtful Accounts
ProvisionRecoveriesforDoubtfulAccounts
|
412000 | USD | |
CY2019Q3 | whlr |
Provision Recoveriesfor Doubtful Accounts
ProvisionRecoveriesforDoubtfulAccounts
|
115000 | USD |
whlr |
Provision Recoveriesfor Doubtful Accounts
ProvisionRecoveriesforDoubtfulAccounts
|
315000 | USD | |
CY2018Q3 | whlr |
Revenues Gross
RevenuesGross
|
16222000 | USD |
whlr |
Revenues Gross
RevenuesGross
|
49719000 | USD | |
CY2019Q3 | whlr |
Revenues Gross
RevenuesGross
|
15680000 | USD |
whlr |
Revenues Gross
RevenuesGross
|
47407000 | USD | |
CY2018Q4 | whlr |
Secureddebtgrossofunamortizeddebtissuancecost
Secureddebtgrossofunamortizeddebtissuancecost
|
369612000 | USD |
CY2019Q3 | whlr |
Secureddebtgrossofunamortizeddebtissuancecost
Secureddebtgrossofunamortizeddebtissuancecost
|
349085000 | USD |
CY2018Q4 | whlr |
Tenant Relationships
TenantRelationships
|
3764000 | USD |
CY2019Q3 | whlr |
Tenant Relationships
TenantRelationships
|
2481000 | USD |
whlr |
Term Of Disqualification To Be Taxed As Reit Due To Losses Of Reit Status
TermOfDisqualificationToBeTaxedAsReitDueToLossesOfReitStatus
|
P5Y | ||
CY2019Q3 | whlr |
Undeveloped Land Parcels
UndevelopedLandParcels
|
6 | property |
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:48px;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%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has reclassified certain prior period amounts in the accompanying condensed consolidated financial statements in order to be consistent with the current period presentation. These reclassifications had no effect on net income, total assets, total liabilities or equity. </font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Tenant reimbursements and provision for credit losses were reclassified to rental revenues on the condensed consolidated statements of operations to conform to 2019 presentation as a result of adopting ASU 2016-02, “Leases (Topic 842).” There are two reclassifications within the condensed consolidated statement of cash flows, one pertains to the straight-line expense operating activity adjustment on those leases which the Company is a lessee and the other is the presentation of credit losses on operating lease receivables. These reclassifications did not impact cash provided by (used in) operating, investing, or financing activities.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of September 30, 2019, it was determined that the </font><font style="font-family:inherit;font-size:10pt;">six</font><font style="font-family:inherit;font-size:10pt;"> undeveloped Land Parcels (the “Land Parcels”) previously classified as assets held for sale at December 31, 2018 no longer meet the definition of assets held for sale. Management’s intention to sell the parcels has not changed; however, they are in secondary and tertiary markets with minimal land sales and it is not probable they will sell in the next twelve months. Accordingly, the assets and liabilities of the Land Parcels were reclassified to “land and land improvements” within investment properties for all periods presented, see Note 3. </font></div></div> | ||
us-gaap |
Revenue Recognition Leases Operating
RevenueRecognitionLeasesOperating
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Lease Contract Revenue</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has two classes of underlying assets relating to rental revenue activity, retail and office space. The Company retains substantially all of the risks and benefits of ownership of these underlying assets and accounts for these leases as operating leases. The Company combines lease and nonlease components in lease contracts, which includes combining base rent and tenant reimbursement revenue.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company accrues minimum rents on a straight-line basis over the terms of the respective leases which results in an unbilled rent asset or deferred rent liability being recorded on the balance sheet. </font></div></div><div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> Additionally, certain of the lease agreements contain provisions that grant additional rents based on tenants’ sales volumes (contingent or percentage rent). Percentage rents are recognized when the tenants achieve the specified targets as defined in their lease agreements as variable lease income. </font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company’s leases generally require the tenant to reimburse the Company for a substantial portion of its expenses incurred in operating, maintaining, repairing, insuring and managing the shopping center and common areas (collectively defined as Common Area Maintenance or “CAM” expenses). This significantly reduces the Company’s exposure to increases in costs and operating expenses resulting from inflation or other outside factors. These reimbursements are considered nonlease components which the Company combines with the lease component. The Company calculates the tenant’s share of operating costs by multiplying the total amount of the operating costs by a fraction, the numerator of which is the total number of square feet being leased by the tenant, and the denominator of which is the average total square footage of all leasable buildings at the property. The Company also receives escrow payments for these reimbursements from substantially all its tenants throughout the year. The Company recognizes tenant reimbursements as variable lease income. The Company recognizes differences between estimated recoveries and the final billed amounts in the subsequent year. These differences were not material for the three and nine months ended September 30, 2019 and 2018.</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Additionally, the Company has tenants who pay real estate taxes directly to the taxing authority. The Company excludes these Company costs paid directly by the tenant to third parties on the Company’s behalf from both variable revenue payments recognized and the associated property operating expenses. The Company does not evaluate whether certain sales taxes and other similar taxes are the Company’s costs or tenants costs. Instead, the Company accounts for these costs as tenant costs. </font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company recognizes lease termination fees, which is included in "other revenues" on the condensed consolidated statements of operations, in the year that the lease is terminated and collection of the fee is reasonably assured. Upon early lease termination, the Company provides for losses related to unrecovered intangibles and other assets. </font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div> | ||
us-gaap |
Revenue Recognition Services Commissions
RevenueRecognitionServicesCommissions
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:16px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Commissions</font></div><div style="line-height:120%;padding-bottom:16px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Commissions are generated from Non-REIT Properties. The Non-REIT Properties pay WRE leasing commissions based on the total contractual revenues to be generated under the new/renewed lease agreement (</font><font style="font-family:inherit;font-size:10pt;">6%</font><font style="font-family:inherit;font-size:10pt;"> for new leases and </font><font style="font-family:inherit;font-size:10pt;">3%</font><font style="font-family:inherit;font-size:10pt;"> for renewals). Revenues are governed by the leasing commission agreements for the various properties. Obligations under the agreements include and are not limited to: monitoring upcoming vacancies, new tenant identification, proposal preparation, lease negotiation and document preparation. Each of the obligations are bundled together to be one service as the overall objective of these services is to maintain the overall occupancy of the property. Revenue is recognized and billed upon lease execution.</font></div></div> | ||
us-gaap |
Revenue Recognition Services Management Fees
RevenueRecognitionServicesManagementFees
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:16px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Asset Management Fees</font></div><div style="line-height:120%;padding-bottom:16px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Asset management fees are generated from Non-REIT Properties. The Non-REIT Properties pay WRE property management and/or asset management fees of </font><font style="font-family:inherit;font-size:10pt;">3%</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2%</font><font style="font-family:inherit;font-size:10pt;"> of collected revenues, respectively, for services performed. Revenues are governed by the management fee agreements for the various properties. Obligations under the agreements include and are not limited to: managing of maintenance, janitorial, security, landscaping, vendors and back office (collecting rents, paying bills), etc. Each of the obligations are bundled together to be one service and are satisfied over time. Non-REIT Properties are billed monthly and typically pay monthly for these services.</font></div></div> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:48px;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%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;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’s actual results could differ from these estimates.</font></div></div> |