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

$whlr Overview Financials Valuation SEC Filings Company Website

2023 Q2 Form 10-Q Financial Statement

#000152754123000023 Filed on May 09, 2023

Income Statement

Concept	2023 Q2	2023 Q1	2022 Q1
Revenue	$24.84M	$26.07M	$15.50M
YoY Change	60.48%	68.2%	5.22%
Cost Of Revenue	$8.342M	$8.955M	$5.250M
YoY Change	76.29%	70.57%	7.58%
Gross Profit	$16.50M	$17.11M	$10.25M
YoY Change	53.51%	66.99%	4.14%
Gross Profit Margin	66.42%	65.64%	66.12%
Selling, General & Admin	$2.818M	$3.071M	$1.264M
YoY Change	68.44%	142.96%	-20.0%
% of Gross Profit	17.08%	17.95%	12.34%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$10.24M	$4.523M	$2.790M
YoY Change	182.59%	62.11%	3.72%
% of Gross Profit	62.09%	26.43%	27.23%
Operating Expenses	$10.12M	$10.54M	$4.880M
YoY Change	91.0%	115.92%	-8.1%
Operating Profit	$6.379M	$6.574M	$4.692M
YoY Change	17.07%	40.11%	-0.64%
Interest Expense	$10.18M	$6.477M	$4.628M
YoY Change	-235.96%	39.95%	-48.35%
% of Operating Profit	159.57%	98.52%	98.64%
Other Income/Expense, Net	-$35.00K	-$2.405M	-$4.653M
YoY Change	-101.68%	-48.31%	-2315.71%
Pretax Income	-$1.248M	-$409.0K	-$4.576M
YoY Change	2254.72%	-91.06%	13.44%
Income Tax	$46.00K
% Of Pretax Income
Net Earnings	-$3.970M	-$3.101M	-$4.580M
YoY Change	7534.62%	-32.29%	13.11%
Net Earnings / Revenue	-15.98%	-11.9%	-29.55%
Basic Earnings Per Share	-$0.64	-$0.55	-$0.70
Diluted Earnings Per Share	-$0.64	-$0.55	-$0.70
COMMON SHARES
Basic Shares Outstanding	9.800M shares	9.794M shares	9.721M shares
Diluted Shares Outstanding	9.800M shares	9.794M shares	9.721M shares

Balance Sheet

Concept	2023 Q2	2023 Q1	2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$28.74M	$24.82M	$21.11M
YoY Change	16.78%	17.57%	124.56%
Cash & Equivalents	$28.74M	$24.82M	$21.11M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables		$11.77M	$8.839M
Other Receivables
Total Short-Term Assets	$39.78M	$36.59M	$29.95M
YoY Change	20.36%	22.18%	76.16%
LONG-TERM ASSETS
Property, Plant & Equipment	$573.4M	$576.0M	$396.7M
YoY Change	45.0%	45.19%	-1.17%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$3.031M
YoY Change
Other Assets	$32.30M	$65.73M	$31.20M
YoY Change	-12.24%	110.72%	-49.19%
Total Long-Term Assets	$633.6M	$644.6M	$430.1M
YoY Change	45.92%	49.87%	-7.72%
TOTAL ASSETS
Total Short-Term Assets	$39.78M	$36.59M	$29.95M
Total Long-Term Assets	$633.6M	$644.6M	$430.1M
Total Assets	$673.4M	$681.2M	$460.0M
YoY Change	44.11%	48.07%	-4.77%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$17.21M	$20.66M	$12.20M
YoY Change	40.98%	69.33%	10.92%
Accrued Expenses	$16.38M	$16.43M	$13.00M
YoY Change	26.43%	26.39%	-1.52%
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	$33.59M	$37.09M	$25.20M
YoY Change	33.49%	47.18%	4.13%
LONG-TERM LIABILITIES
Long-Term Debt	$469.3M	$467.1M	$331.1M
YoY Change	38.57%	41.04%	-2.17%
Other Long-Term Liabilities	$23.01M	$27.55M	$11.92M
YoY Change	139.56%	131.15%	-34.15%
Total Long-Term Liabilities	$492.3M	$494.6M	$343.1M
YoY Change	41.36%	44.17%	-3.8%
TOTAL LIABILITIES
Total Short-Term Liabilities	$33.59M	$37.09M	$25.20M
Total Long-Term Liabilities	$492.3M	$494.6M	$343.1M
Total Liabilities	$525.9M	$531.7M	$368.3M
YoY Change	40.33%	44.38%	-3.29%
SHAREHOLDERS EQUITY
Retained Earnings	-$307.2M	-$301.0M	-$281.0M
YoY Change		7.13%	6.91%
Common Stock	$98.00K	$98.00K	$97.00K
YoY Change		1.03%	0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	-$26.59M	-$20.38M	-$4.961M
YoY Change
Total Liabilities & Shareholders Equity	$673.4M	$681.2M	$460.0M
YoY Change	44.11%	48.07%	-4.77%

Cashflow Statement

Concept	2023 Q2	2023 Q1	2022 Q1
OPERATING ACTIVITIES
Net Income	-$3.970M	-$3.101M	-$4.580M
YoY Change	7534.62%	-32.29%	13.11%
Depreciation, Depletion And Amortization	$10.24M	$4.523M	$2.790M
YoY Change	182.59%	62.11%	3.72%
Cash From Operating Activities	$7.820M	$3.687M	$3.374M
YoY Change	18.9%	9.28%	-28.8%
INVESTING ACTIVITIES
Capital Expenditures	$2.881M	$4.155M	$1.545M
YoY Change	-245.65%	168.93%	60.6%
Acquisitions
YoY Change
Other Investing Activities	-$3.000M	$0.00	$1.786M
YoY Change		-100.0%	-54.67%
Cash From Investing Activities	-$5.881M	-$4.155M	-$1.269M
YoY Change	197.32%	227.42%	-142.66%
FINANCING ACTIVITIES
Cash Dividend Paid		$2.688M	$0.00
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-2.915M	-$3.276M	-$5.706M
YoY Change	-156.77%	-42.59%	-9.04%
NET CHANGE
Cash From Operating Activities	7.820M	$3.687M	$3.374M
Cash From Investing Activities	-5.881M	-$4.155M	-$1.269M
Cash From Financing Activities	-2.915M	-$3.276M	-$5.706M
Net Change In Cash	-976.0K	-$3.744M	-$3.601M
YoY Change	-110.03%	3.97%	-349.9%
FREE CASH FLOW
Cash From Operating Activities	$7.820M	$3.687M	$3.374M
Capital Expenditures	$2.881M	$4.155M	$1.545M
Free Cash Flow	$4.939M	-$468.0K	$1.829M
YoY Change	-42.27%	-125.59%	-51.58%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001527541
CY2023Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2023Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2023Q1	dei	Amendment Flag AmendmentFlag	false
CY2023Q1	dei	Document Type DocumentType	10-Q
CY2023Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2023Q1	dei	Entity Shell Company EntityShellCompany	false
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2023Q1	dei	Entity File Number EntityFileNumber	001-35713
CY2023Q1	dei	Entity Registrant Name EntityRegistrantName	WHEELER REAL ESTATE INVESTMENT TRUST, INC.
CY2023Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	MD
CY2023Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	45-2681082
CY2023Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	2529 Virginia Beach Blvd
CY2023Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	Virginia Beach
CY2023Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	VA
CY2023Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	23452
CY2023Q1	dei	City Area Code CityAreaCode	757
CY2023Q1	dei	Local Phone Number LocalPhoneNumber	627-9088
CY2023Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023Q1	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2023Q1	dei	Entity Small Business EntitySmallBusiness	true
CY2023Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2023Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	9800211	shares
CY2023Q1	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	643271000	usd
CY2022Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	639205000	usd
CY2023Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	82358000	usd
CY2022Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	78225000	usd
CY2023Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	560913000	usd
CY2022Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	560980000	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	24817000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	28491000	usd
CY2023Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	27304000	usd
CY2022Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	27374000	usd
CY2023Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	11772000	usd
CY2022Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	13544000	usd
CY2023Q1	whlr	Offmarketlease Favorable OffmarketleaseFavorable	2862000	usd
CY2022Q4	whlr	Offmarketlease Favorable OffmarketleaseFavorable	3134000	usd
CY2023Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	15056000	usd
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	15133000	usd
CY2023Q1	us-gaap	Deferred Costs And Other Assets DeferredCostsAndOtherAssets	38429000	usd
CY2022Q4	us-gaap	Deferred Costs And Other Assets DeferredCostsAndOtherAssets	35880000	usd
CY2023Q1	us-gaap	Assets Assets	681153000	usd
CY2022Q4	us-gaap	Assets Assets	684536000	usd
CY2023Q1	us-gaap	Secured Debt SecuredDebt	467060000	usd
CY2022Q4	us-gaap	Secured Debt SecuredDebt	466029000	usd
CY2023Q1	us-gaap	Off Market Lease Unfavorable OffMarketLeaseUnfavorable	22289000	usd
CY2022Q4	us-gaap	Off Market Lease Unfavorable OffMarketLeaseUnfavorable	23968000	usd
CY2023Q1	us-gaap	Warrants And Rights Outstanding WarrantsAndRightsOutstanding	5259000	usd
CY2022Q4	us-gaap	Warrants And Rights Outstanding WarrantsAndRightsOutstanding	7111000	usd
CY2023Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	16429000	usd
CY2022Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	16478000	usd
CY2023Q1	us-gaap	Other Accounts Payable And Accrued Liabilities OtherAccountsPayableAndAccruedLiabilities	20660000	usd
CY2022Q4	us-gaap	Other Accounts Payable And Accrued Liabilities OtherAccountsPayableAndAccruedLiabilities	18398000	usd
CY2023Q1	us-gaap	Liabilities Liabilities	531697000	usd
CY2022Q4	us-gaap	Liabilities Liabilities	531984000	usd
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2023Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	200000000	shares
CY2023Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	200000000	shares
CY2023Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	9800211	shares
CY2023Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	9800211	shares
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	9793957	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	9793957	shares
CY2023Q1	us-gaap	Common Stock Value CommonStockValue	98000	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	98000	usd
CY2023Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	235120000	usd
CY2022Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	234993000	usd
CY2023Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-300982000	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-295617000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	-20378000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	-15162000	usd
CY2023Q1	us-gaap	Minority Interest MinorityInterest	66213000	usd
CY2022Q4	us-gaap	Minority Interest MinorityInterest	66196000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	45835000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	51034000	usd
CY2023Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	681153000	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	684536000	usd
CY2023Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	25500000	usd
CY2022Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	15332000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	566000	usd
CY2022Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	165000	usd
CY2023Q1	us-gaap	Revenues Revenues	26066000	usd
CY2022Q1	us-gaap	Revenues Revenues	15497000	usd
CY2023Q1	whlr	Property Operating Costs PropertyOperatingCosts	8955000	usd
CY2022Q1	whlr	Property Operating Costs PropertyOperatingCosts	5250000	usd
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	7466000	usd
CY2022Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	3616000	usd
CY2023Q1	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	usd
CY2022Q1	us-gaap	Asset Impairment Charges AssetImpairmentCharges	660000	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	3071000	usd
CY2022Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1264000	usd
CY2023Q1	us-gaap	Costs And Expenses CostsAndExpenses	19492000	usd
CY2022Q1	us-gaap	Costs And Expenses CostsAndExpenses	10790000	usd
CY2023Q1	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	0	usd
CY2022Q1	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	-15000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	6574000	usd
CY2022Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	4692000	usd
CY2023Q1	us-gaap	Interest Income Operating InterestIncomeOperating	47000	usd
CY2022Q1	us-gaap	Interest Income Operating InterestIncomeOperating	13000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	6477000	usd
CY2022Q1	us-gaap	Interest Expense InterestExpense	4628000	usd
CY2023Q1	us-gaap	Fair Value Adjustment Of Warrants FairValueAdjustmentOfWarrants	-1852000	usd
CY2022Q1	us-gaap	Fair Value Adjustment Of Warrants FairValueAdjustmentOfWarrants	3962000	usd
CY2023Q1	us-gaap	Other Nonoperating Expense OtherNonoperatingExpense	2405000	usd
CY2022Q1	us-gaap	Other Nonoperating Expense OtherNonoperatingExpense	691000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-409000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	-4576000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Attributable To Noncontrolling Entity IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity	2692000	usd
CY2022Q1	us-gaap	Income Loss From Continuing Operations Attributable To Noncontrolling Entity IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity	4000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-3101000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-4580000	usd
CY2023Q1	us-gaap	Other Preferred Stock Dividends And Adjustments OtherPreferredStockDividendsAndAdjustments	2264000	usd
CY2022Q1	us-gaap	Other Preferred Stock Dividends And Adjustments OtherPreferredStockDividendsAndAdjustments	2264000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-5365000	usd
CY2022Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-6844000	usd
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.55
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.55
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.70
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.70
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	9794026	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	9794026	shares
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	9720589	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	9720589	shares
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	51034000	usd
CY2023Q1	us-gaap	Preferred Stock Accretion Of Redemption Discount PreferredStockAccretionOfRedemptionDiscount	22000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities StockIssuedDuringPeriodValueConversionOfConvertibleSecurities	140000	usd
CY2023Q1	whlr	Adjustments To Additional Paid In Capital Adjustment For Noncontrolling Interest In Operating Partnership AdjustmentsToAdditionalPaidInCapitalAdjustmentForNoncontrollingInterestInOperatingPartnership	0	usd
CY2023Q1	us-gaap	Dividends Dividends	4952000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-409000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	45835000	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	3802000	usd
CY2022Q1	us-gaap	Dividends Dividends	2264000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	-4576000	usd
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	-3016000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-409000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	-4576000	usd
CY2023Q1	us-gaap	Depreciation Depreciation	4523000	usd
CY2022Q1	us-gaap	Depreciation Depreciation	2788000	usd
CY2023Q1	us-gaap	Adjustment For Amortization AdjustmentForAmortization	2943000	usd
CY2022Q1	us-gaap	Adjustment For Amortization AdjustmentForAmortization	828000	usd
CY2023Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-479000	usd
CY2022Q1	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-420000	usd
CY2023Q1	us-gaap	Fair Value Adjustment Of Warrants FairValueAdjustmentOfWarrants	-1852000	usd
CY2022Q1	us-gaap	Fair Value Adjustment Of Warrants FairValueAdjustmentOfWarrants	3962000	usd
CY2023Q1	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	-1396000	usd
CY2022Q1	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	23000	usd
CY2023Q1	us-gaap	Straight Line Rent Adjustments StraightLineRentAdjustments	8000	usd
CY2022Q1	us-gaap	Straight Line Rent Adjustments StraightLineRentAdjustments	8000	usd
CY2023Q1	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	0	usd
CY2022Q1	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	-15000	usd
CY2023Q1	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	25000	usd
CY2022Q1	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	53000	usd
CY2023Q1	whlr	Disposal Group Including Discontinued Operation Impairmentof Real Estate DisposalGroupIncludingDiscontinuedOperationImpairmentofRealEstate	0	usd
CY2022Q1	whlr	Disposal Group Including Discontinued Operation Impairmentof Real Estate DisposalGroupIncludingDiscontinuedOperationImpairmentofRealEstate	660000	usd
CY2023Q1	us-gaap	Increase Decrease In Leasing Receivables IncreaseDecreaseInLeasingReceivables	-2083000	usd
CY2022Q1	us-gaap	Increase Decrease In Leasing Receivables IncreaseDecreaseInLeasingReceivables	-421000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	336000	usd
CY2022Q1	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	78000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	5439000	usd
CY2022Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	2312000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	3058000	usd
CY2022Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	1162000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	3687000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	3374000	usd
CY2023Q1	us-gaap	Payments To Acquire Real Estate Held For Investment PaymentsToAcquireRealEstateHeldForInvestment	0	usd
CY2022Q1	us-gaap	Payments To Acquire Real Estate Held For Investment PaymentsToAcquireRealEstateHeldForInvestment	1510000	usd
CY2023Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	4155000	usd
CY2022Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1545000	usd
CY2023Q1	us-gaap	Proceeds From Sale Of Other Real Estate ProceedsFromSaleOfOtherRealEstate	0	usd
CY2022Q1	us-gaap	Proceeds From Sale Of Other Real Estate ProceedsFromSaleOfOtherRealEstate	1786000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-4155000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1269000	usd
CY2023Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	0	usd
CY2022Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	992000	usd
CY2023Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	2688000	usd
CY2022Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	0	usd
CY2023Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	588000	usd
CY2022Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	4714000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-3276000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-5706000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-3744000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-3601000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	55865000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	40419000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	52121000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	36818000	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	24817000	usd
CY2022Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	21109000	usd
CY2023Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	27304000	usd
CY2022Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	15709000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	52121000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	36818000	usd
CY2023Q1	whlr	Percentage Of Ownership Interests In Operating Partnership PercentageOfOwnershipInterestsInOperatingPartnership	0.9905
CY2023Q1	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	75	center
CY2023Q1	whlr	Numberof Real Estate Properties Undeveloped NumberofRealEstatePropertiesUndeveloped	4	property
CY2023Q1	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	147000	usd
CY2022Q1	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	146000	usd
CY2023Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	2600000	usd
CY2022Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	369000	usd
CY2023Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	278000	usd
CY2022Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	226000	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	5304000	usd
CY2022Q1	us-gaap	Interest Paid Net InterestPaidNet	3628000	usd
CY2023Q1	us-gaap	Other Nonoperating Expense OtherNonoperatingExpense	2400000	usd
CY2022Q1	us-gaap	Other Nonoperating Expense OtherNonoperatingExpense	700000	usd
CY2023Q1	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	usd
CY2022Q1	us-gaap	Asset Impairment Charges AssetImpairmentCharges	700000	usd
CY2023Q1	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	2400000	usd
CY2023Q1	us-gaap	Deferred Costs Leasing Net DeferredCostsLeasingNet	7441000	usd
CY2022Q4	us-gaap	Deferred Costs Leasing Net DeferredCostsLeasingNet	7165000	usd
CY2023Q1	whlr	Tenant Relationships TenantRelationships	436000	usd
CY2022Q4	whlr	Tenant Relationships TenantRelationships	500000	usd
CY2023Q1	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	3672000	usd
CY2022Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	1456000	usd
CY2023Q1	us-gaap	Other Assets OtherAssets	2689000	usd
CY2022Q4	us-gaap	Other Assets OtherAssets	21000	usd
CY2023Q1	us-gaap	Deferred Costs And Other Assets DeferredCostsAndOtherAssets	38429000	usd
CY2022Q4	us-gaap	Deferred Costs And Other Assets DeferredCostsAndOtherAssets	35880000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	64100000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	62400000	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	3100000	usd
CY2023Q1	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	-1396000	usd
CY2022Q1	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	23000	usd
CY2023Q1	whlr	Revenues Gross RevenuesGross	26091000	usd
CY2022Q1	whlr	Revenues Gross RevenuesGross	15550000	usd
CY2023Q1	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	25000	usd
CY2022Q1	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	53000	usd
CY2023Q1	us-gaap	Revenues Revenues	26066000	usd
CY2022Q1	us-gaap	Revenues Revenues	15497000	usd
CY2023Q1	whlr	Secured Debt Gross Of Unamortized Debt Issuance Cost SecuredDebtGrossOfUnamortizedDebtIssuanceCost	481859000	usd
CY2022Q4	whlr	Secured Debt Gross Of Unamortized Debt Issuance Cost SecuredDebtGrossOfUnamortizedDebtIssuanceCost	482447000	usd
CY2023Q1	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	14799000	usd
CY2022Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	16418000	usd
CY2023Q1	us-gaap	Long Term Debt LongTermDebt	467060000	usd
CY2022Q4	us-gaap	Long Term Debt LongTermDebt	466029000	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	1755000	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	33690000	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	79697000	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	19347000	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	9440000	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	3805000	usd
CY2023Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive	334125000	usd
CY2023Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	481859000	usd
CY2023Q1	whlr	Warrants And Rights Outstanding Number Of Warrant Agreements WarrantsAndRightsOutstandingNumberOfWarrantAgreements	2	agreement
CY2022Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	7111000	usd
CY2021Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	4776000	usd
CY2023Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	5259000	usd
CY2022Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	7111000	usd
CY2023Q1	us-gaap	Dividends Common Stock DividendsCommonStock	0	usd
CY2022Q1	us-gaap	Dividends Common Stock DividendsCommonStock	0	usd
CY2023Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P34Y
CY2022Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P31Y
CY2023Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	300000	usd
CY2022Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	300000	usd

Files In Submission

Name	View Source	Status
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0001527541-23-000023-index.html	Edgar Link	pending
0001527541-23-000023.txt	Edgar Link	pending
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ex312q12023.htm	Edgar Link	pending
ex32q12023.htm	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending
whlr-20230331.htm	Edgar Link	pending
whlr-20230331.xsd	Edgar Link	pending
whlr-20230331_cal.xml	Edgar Link	unprocessable
whlr-20230331_def.xml	Edgar Link	unprocessable
whlr-20230331_pre.xml	Edgar Link	unprocessable
whlr-20230331_lab.xml	Edgar Link	unprocessable
whlr-20230331_htm.xml	Edgar Link	completed

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

2023 Q2 Form 10-Q Financial Statement

#000152754123000023 Filed on May 09, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

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

2023 Q2 Form 10-Q Financial Statement

#000152754123000023 Filed on May 09, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

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