2021 Q4 Form 10-Q Financial Statement

#000152754121000038 Filed on November 09, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q3
Revenue $15.58M $15.51M $14.96M
YoY Change 1.86% 3.64% -3.86%
Cost Of Revenue $5.045M $5.029M $4.820M
YoY Change 5.77% 4.34% -3.02%
Gross Profit $10.54M $10.48M $10.14M
YoY Change 0.09% 3.34% -4.34%
Gross Profit Margin 67.63% 67.57% 67.76%
Selling, General & Admin $2.195M $1.756M $1.080M
YoY Change 74.21% 62.59% -20.0%
% of Gross Profit 20.83% 16.76% 10.65%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.764M $2.800M $2.790M
YoY Change -1.72% 0.36% -4.45%
% of Gross Profit 35.71% 26.72% 27.51%
Operating Expenses $5.959M $5.434M $5.290M
YoY Change 16.84% 2.72% -55.1%
Operating Profit $4.580M $7.012M $4.849M
YoY Change -15.65% 44.61% 31.02%
Interest Expense -$13.19M $5.637M $4.114M
YoY Change 206.03% 37.02% -11.6%
% of Operating Profit -287.99% 80.39% 84.84%
Other Income/Expense, Net $3.465M $1.699M
YoY Change 687.5%
Pretax Income -$5.333M $3.083M $720.0K
YoY Change -555.81% 328.19% -175.63%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income 0.0% 0.0%
Net Earnings -$5.353M $3.026M $707.0K
YoY Change -565.48% 328.01% -173.72%
Net Earnings / Revenue -34.35% 19.51% 4.72%
Basic Earnings Per Share -$0.02 -$0.22
Diluted Earnings Per Share -$550.6K -$0.02 -$0.22
COMMON SHARES
Basic Shares Outstanding 9.734M shares 9.713M shares 9.699M shares
Diluted Shares Outstanding 9.713M shares 9.699M shares

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $22.90M $36.23M $7.000M
YoY Change 197.38% 417.63% 34.62%
Cash & Equivalents $22.90M $36.23M $6.957M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $9.233M $8.348M $8.365M
Other Receivables
Total Short-Term Assets $32.13M $44.58M $15.40M
YoY Change 90.12% 189.49% 38.74%
LONG-TERM ASSETS
Property, Plant & Equipment $399.2M $400.1M $405.9M
YoY Change -1.53% -1.43% -5.6%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $31.54M $55.12M $49.20M
YoY Change -50.41% 12.04% 16.31%
Total Long-Term Assets $433.2M $457.9M $458.9M
YoY Change -8.32% -0.23% -4.01%
TOTAL ASSETS
Total Short-Term Assets $32.13M $44.58M $15.40M
Total Long-Term Assets $433.2M $457.9M $458.9M
Total Assets $465.3M $502.5M $474.3M
YoY Change -4.92% 5.93% -3.04%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $11.05M $14.86M $12.90M
YoY Change -1.3% 15.21% 21.7%
Accrued Expenses $13.04M $13.08M $11.90M
YoY Change -1.21% 9.92% 0.0%
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 $24.09M $27.94M $24.80M
YoY Change -1.25% 12.67% 10.22%
LONG-TERM LIABILITIES
Long-Term Debt $333.3M $362.1M $318.2M
YoY Change -0.3% 13.81% -7.18%
Other Long-Term Liabilities $11.55M $12.33M $20.00M
YoY Change -36.86% -38.34% 100.0%
Total Long-Term Liabilities $344.8M $374.5M $338.2M
YoY Change -2.2% 10.73% -4.14%
TOTAL LIABILITIES
Total Short-Term Liabilities $24.09M $27.94M $24.80M
Total Long-Term Liabilities $344.8M $374.5M $338.2M
Total Liabilities $368.9M $402.4M $363.1M
YoY Change -2.13% 10.83% -3.25%
SHAREHOLDERS EQUITY
Retained Earnings -$274.1M -$266.6M -$259.5M
YoY Change 5.08% 2.73% 4.49%
Common Stock $97.00K $97.00K $97.00K
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.861M $9.350M $16.14M
YoY Change
Total Liabilities & Shareholders Equity $465.3M $502.5M $474.3M
YoY Change -4.92% 5.93% -3.04%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income -$5.353M $3.026M $707.0K
YoY Change -565.48% 328.01% -173.72%
Depreciation, Depletion And Amortization $3.764M $2.800M $2.790M
YoY Change -1.72% 0.36% -4.45%
Cash From Operating Activities $2.528M $4.977M $6.490M
YoY Change 40.44% -23.31% 34.93%
INVESTING ACTIVITIES
Capital Expenditures -$2.621M -$2.475M -$1.110M
YoY Change 322.74% 122.97% 141.3%
Acquisitions
YoY Change
Other Investing Activities $3.903M $3.673M $0.00
YoY Change 37.43%
Cash From Investing Activities $1.282M $1.198M -$1.100M
YoY Change -42.25% -208.91% 139.13%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -35.29M 21.57M -4.120M
YoY Change -342.55% -623.62% 88.99%
NET CHANGE
Cash From Operating Activities 2.528M 4.977M 6.490M
Cash From Investing Activities 1.282M 1.198M -1.100M
Cash From Financing Activities -35.29M 21.57M -4.120M
Net Change In Cash -31.48M 27.75M 1.270M
YoY Change -269.53% 2084.88% -41.47%
FREE CASH FLOW
Cash From Operating Activities $2.528M $4.977M $6.490M
Capital Expenditures -$2.621M -$2.475M -$1.110M
Free Cash Flow $5.149M $7.452M $7.600M
YoY Change 112.77% -1.95% 44.21%

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PreferredStockRedemptionDiscount
5040000 USD
us-gaap Preferred Stock Redemption Discount
PreferredStockRedemptionDiscount
726000 USD
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-234000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2175000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2175000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-8902000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-11103000 USD
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.02
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.02
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.22
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.22
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.92
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.92
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9708588 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9696554 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9699461 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9699461 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9708588 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9696554 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.14
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.14
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9713125 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9713125 shares
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
16849000 USD
CY2021Q1 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
CY2021Q1 whlr Adjustments To Additional Paid In Capital Adjustment For Noncontrolling Interest In Operating Partnership
AdjustmentsToAdditionalPaidInCapitalAdjustmentForNoncontrollingInterestInOperatingPartnership
0 USD
CY2021Q1 us-gaap Dividends
Dividends
2273000 USD
CY2021Q1 us-gaap Preferred Stock Redemption Discount
PreferredStockRedemptionDiscount
4389000 USD
CY2021Q1 us-gaap Profit Loss
ProfitLoss
-4034000 USD
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
14953000 USD
CY2021Q3 us-gaap Dividends
Dividends
2187000 USD
CY2021Q3 us-gaap Profit Loss
ProfitLoss
3083000 USD
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
11287000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
26007000 USD
CY2021Q2 us-gaap Preferred Stock Accretion Of Redemption Discount
PreferredStockAccretionOfRedemptionDiscount
22000 USD
CY2021Q2 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
CY2021Q2 whlr Adjustments To Additional Paid In Capital Adjustment For Noncontrolling Interest In Operating Partnership
AdjustmentsToAdditionalPaidInCapitalAdjustmentForNoncontrollingInterestInOperatingPartnership
0 USD
CY2021Q2 us-gaap Dividends
Dividends
2189000 USD
CY2021Q2 us-gaap Preferred Stock Redemption Discount
PreferredStockRedemptionDiscount
651000 USD
CY2021Q2 us-gaap Profit Loss
ProfitLoss
-3067000 USD
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10370000 USD
CY2021Q3 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
CY2021Q3 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
0 USD
CY2021Q3 whlr Adjustments To Additional Paid In Capital Adjustment For Noncontrolling Interest In Operating Partnership
AdjustmentsToAdditionalPaidInCapitalAdjustmentForNoncontrollingInterestInOperatingPartnership
0 USD
CY2020Q1 us-gaap Dividends
Dividends
2589000 USD
CY2020Q1 us-gaap Profit Loss
ProfitLoss
-1877000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
14513000 USD
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
21563000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
CY2020Q2 whlr Adjustments To Additional Paid In Capital Adjustment For Noncontrolling Interest In Operating Partnership
AdjustmentsToAdditionalPaidInCapitalAdjustmentForNoncontrollingInterestInOperatingPartnership
0 USD
us-gaap Adjustment For Amortization
AdjustmentForAmortization
2840000 USD
us-gaap Adjustment For Amortization
AdjustmentForAmortization
4871000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-5200000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-796000 USD
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-303000 USD
CY2020Q2 us-gaap Dividends
Dividends
2589000 USD
CY2020Q2 us-gaap Profit Loss
ProfitLoss
268000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
19264000 USD
CY2020Q3 us-gaap Dividends
Dividends
2540000 USD
CY2020Q3 us-gaap Preferred Stock Redemption Discount
PreferredStockRedemptionDiscount
726000 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
720000 USD
CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
18191000 USD
us-gaap Profit Loss
ProfitLoss
-4018000 USD
us-gaap Profit Loss
ProfitLoss
-889000 USD
us-gaap Depreciation
Depreciation
8193000 USD
us-gaap Depreciation
Depreciation
8589000 USD
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
0 USD
us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
28000 USD
whlr Disposal Group Including Discontinued Operation Impairment Of Real Estate
DisposalGroupIncludingDiscontinuedOperationImpairmentOfRealEstate
2200000 USD
whlr Disposal Group Including Discontinued Operation Impairment Of Real Estate
DisposalGroupIncludingDiscontinuedOperationImpairmentOfRealEstate
600000 USD
us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-443000 USD
us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
26000 USD
us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
138000 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
2143000 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
-26000 USD
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
168000 USD
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
1042000 USD
us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
-1829000 USD
us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
1738000 USD
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
1061000 USD
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
758000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
904000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
903000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
2458000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
2646000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
13977000 USD
us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
3791000 USD
us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
1649000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
7610000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1665000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
3819000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
16000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
6026000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
340000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
94650000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
13350000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
68801000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
23843000 USD
us-gaap Proceeds From Other Short Term Debt
ProceedsFromOtherShortTermDebt
0 USD
us-gaap Proceeds From Other Short Term Debt
ProceedsFromOtherShortTermDebt
552000 USD
us-gaap Payments For Repurchase Of Redeemable Convertible Preferred Stock
PaymentsForRepurchaseOfRedeemableConvertiblePreferredStock
8336000 USD
us-gaap Payments For Repurchase Of Redeemable Convertible Preferred Stock
PaymentsForRepurchaseOfRedeemableConvertiblePreferredStock
1106000 USD
whlr Payments Of Loan Prepayment Penalties
PaymentsOfLoanPrepaymentPenalties
687000 USD
whlr Payments Of Loan Prepayment Penalties
PaymentsOfLoanPrepaymentPenalties
0 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
10800000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-11387000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
29132000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
2606000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
42768000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
21591000 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
71900000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
24197000 USD
whlr Line Of Credit Forgiveness
LineOfCreditForgiveness
552000 USD
whlr Line Of Credit Forgiveness
LineOfCreditForgiveness
0 USD
whlr Fair Value Of Warrants Or Rights
FairValueOfWarrantsOrRights
2018000 USD
whlr Fair Value Of Warrants Or Rights
FairValueOfWarrantsOrRights
0 USD
whlr Fair Value Of Derivative Liability
FairValueOfDerivativeLiability
5393000 USD
whlr Fair Value Of Derivative Liability
FairValueOfDerivativeLiability
0 USD
us-gaap Preferred Stock Accretion Of Redemption Discount
PreferredStockAccretionOfRedemptionDiscount
454000 USD
us-gaap Preferred Stock Accretion Of Redemption Discount
PreferredStockAccretionOfRedemptionDiscount
509000 USD
us-gaap Preferred Stock Redemption Discount
PreferredStockRedemptionDiscount
5040000 USD
us-gaap Preferred Stock Redemption Discount
PreferredStockRedemptionDiscount
726000 USD
us-gaap Interest Paid Net
InterestPaidNet
14305000 USD
us-gaap Interest Paid Net
InterestPaidNet
11885000 USD
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
36234000 USD
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
36234000 USD
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6957000 USD
CY2021Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
35666000 USD
CY2021Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
35666000 USD
CY2020Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
17240000 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
71900000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
24197000 USD
CY2021Q3 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
59 Property
CY2021Q3 whlr Undeveloped Land Parcels
UndevelopedLandParcels
4
CY2021Q3 whlr Percentage Of Ownership Interests In Operating Partnership
PercentageOfOwnershipInterestsInOperatingPartnership
0.9857
whlr Past Due Rent Term
PastDueRentTerm
P5D
CY2021Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
597000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
994000 USD
whlr Lessor Operating Lease Number Of Underlying Asset Classes
LessorOperatingLeaseNumberOfUnderlyingAssetClasses
2 asset_class
CY2021Q3 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
11487000 USD
CY2020Q3 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
11515000 USD
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
34149000 USD
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
35179000 USD
CY2021Q3 whlr Revenues Gross
RevenuesGross
15640000 USD
CY2020Q3 whlr Revenues Gross
RevenuesGross
15421000 USD
whlr Revenues Gross
RevenuesGross
45894000 USD
whlr Revenues Gross
RevenuesGross
46749000 USD
CY2021Q3 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
132000 USD
CY2020Q3 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
457000 USD
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
168000 USD
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
1042000 USD
CY2021Q3 us-gaap Revenues
Revenues
15508000 USD
CY2020Q3 us-gaap Revenues
Revenues
14964000 USD
us-gaap Revenues
Revenues
45726000 USD
us-gaap Revenues
Revenues
45707000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="text-indent:36pt"><span><br/></span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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.</span></div>
CY2021Q3 us-gaap Professional Fees
ProfessionalFees
717000 USD
CY2020Q3 us-gaap Professional Fees
ProfessionalFees
241000 USD
us-gaap Professional Fees
ProfessionalFees
2133000 USD
us-gaap Professional Fees
ProfessionalFees
2186000 USD
CY2021Q3 us-gaap Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
542000 USD
CY2020Q3 us-gaap Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
309000 USD
us-gaap Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
1314000 USD
us-gaap Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
934000 USD
CY2021Q3 whlr Corporate Administration Expense
CorporateAdministrationExpense
325000 USD
CY2020Q3 whlr Corporate Administration Expense
CorporateAdministrationExpense
321000 USD
whlr Corporate Administration Expense
CorporateAdministrationExpense
900000 USD
whlr Corporate Administration Expense
CorporateAdministrationExpense
1103000 USD
CY2021Q3 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
36000 USD
CY2020Q3 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
32000 USD
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
77000 USD
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
84000 USD
CY2021Q3 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
136000 USD
CY2020Q3 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
177000 USD
us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
521000 USD
us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
260000 USD
CY2021Q3 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
1756000 USD
CY2020Q3 us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
1080000 USD
us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
4945000 USD
us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
4567000 USD
us-gaap Legal Fees
LegalFees
185000 USD
CY2021Q3 us-gaap Legal Fees
LegalFees
185000 USD
CY2020Q3 us-gaap Legal Fees
LegalFees
15000 USD
us-gaap Legal Fees
LegalFees
1040000.00 USD
CY2021Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2021Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
454359000 USD
CY2020Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
451855000 USD
CY2021Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
66792000 USD
CY2020Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
59191000 USD
CY2021Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
387567000 USD
CY2020Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
392664000 USD
CY2020Q3 us-gaap Depreciation
Depreciation
2790000 USD
us-gaap Depreciation
Depreciation
8590000 USD
CY2020Q4 whlr Number Of Outparcels
NumberOfOutparcels
2 outparcel
CY2021Q3 us-gaap Depreciation
Depreciation
2800000 USD
us-gaap Depreciation
Depreciation
8190000 USD
CY2021Q3 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
1454000 USD
CY2020Q4 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
1334000 USD
CY2021Q3 whlr Tenant Relationships
TenantRelationships
953000 USD
CY2020Q4 whlr Tenant Relationships
TenantRelationships
1308000 USD
CY2021Q3 us-gaap Other Assets
OtherAssets
1133000 USD
CY2020Q4 us-gaap Other Assets
OtherAssets
592000 USD
CY2021Q3 us-gaap Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
13434000 USD
CY2020Q4 us-gaap Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
15430000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
61930000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
60330000 USD
CY2021Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
874000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2840000 USD
CY2020Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1430000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4870000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
850000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
2945000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
2319000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1701000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1280000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
835000 USD
CY2021Q3 whlr Disposal Group Including Discontinued Operation Liabilities Noncurrent Net Of Deferred Finance Costs
DisposalGroupIncludingDiscontinuedOperationLiabilitiesNoncurrentNetOfDeferredFinanceCosts
854000 USD
CY2020Q4 whlr Disposal Group Including Discontinued Operation Liabilities Noncurrent Net Of Deferred Finance Costs
DisposalGroupIncludingDiscontinuedOperationLiabilitiesNoncurrentNetOfDeferredFinanceCosts
12838000 USD
CY2021Q3 us-gaap Secured Debt
SecuredDebt
362144000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
2371000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
12301000 USD
CY2021Q3 whlr Secured Debt Gross Of Unamortized Debt Issuance Cost
SecuredDebtGrossOfUnamortizedDebtIssuanceCost
379765000 USD
CY2020Q4 whlr Secured Debt Gross Of Unamortized Debt Issuance Cost
SecuredDebtGrossOfUnamortizedDebtIssuanceCost
353916000 USD
CY2021Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
16767000 USD
CY2020Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
6812000 USD
CY2021Q3 us-gaap Long Term Debt
LongTermDebt
362998000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
347104000 USD
CY2020Q4 us-gaap Secured Debt
SecuredDebt
334266000 USD
CY2021Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Other Comprehensive Income
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome
347000 USD
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
1503000 USD
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
13567000 USD
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
89288000 USD
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
50490000 USD
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
92016000 USD
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
58531000 USD
CY2021Q3 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
74370000 USD
CY2021Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
379765000 USD
CY2020Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
594000 USD
CY2021Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
2018000 USD
CY2021Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
2959000 USD
CY2021Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Other Comprehensive Income
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome
1234000 USD
CY2021Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
4193000 USD
CY2021Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Other Comprehensive Income
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInOtherComprehensiveIncome
-1884000 USD
CY2021Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
2309000 USD
CY2021Q3 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
11595000 USD
CY2021Q3 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
45550000 USD
CY2021Q3 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
40637000 USD
CY2021Q3 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
33000000 USD
CY2021Q3 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
26175000 USD
CY2021Q3 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
17833000 USD
CY2021Q3 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
41501000 USD
CY2021Q3 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
216291000 USD
whlr Convertible Preferred Stock Threshold Trading Days
ConvertiblePreferredStockThresholdTradingDays
P20D
CY2021Q3 us-gaap Preferred Stock Redemption Price Per Share
PreferredStockRedemptionPricePerShare
25.00
CY2021Q3 us-gaap Preferred Stock Redemption Price Per Share
PreferredStockRedemptionPricePerShare
25.00
us-gaap Preferred Stock Amount Of Preferred Dividends In Arrears
PreferredStockAmountOfPreferredDividendsInArrears
36910000 USD
CY2021Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P31Y
CY2020Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P34Y
CY2021Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
268000 USD
CY2020Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
226000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
800000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
679000 USD
CY2021Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
225000 USD
CY2020Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
146000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
676000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
437000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
22843000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
27646000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
14565000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
226000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
905000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
907000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
909000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
913000 USD
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
943000 USD
CY2021Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
13081000 USD
CY2021Q3 whlr Lessor Operating Lease Option To Extend Amount
LessorOperatingLeaseOptionToExtendAmount
7540000 USD
CY2020Q2 us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
400000 USD

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