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

$whlr Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000152754124000055 Filed on May 06, 2024

Income Statement

Concept	2024 Q2	2024 Q1
Revenue	$26.32M	$25.87M
YoY Change	5.95%	-0.74%
Cost Of Revenue	$8.664M	$9.050M
YoY Change	3.86%	1.06%
Gross Profit	$17.65M	$16.82M
YoY Change	7.0%	-1.69%
Gross Profit Margin	67.08%	65.02%
Selling, General & Admin	$2.641M	$2.746M
YoY Change	-6.28%	-10.58%
% of Gross Profit	14.96%	16.32%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$4.600M	$6.598M
YoY Change	-55.1%	45.88%
% of Gross Profit	26.06%	39.22%
Operating Expenses	$9.014M	$9.344M
YoY Change	-10.92%	-11.32%
Operating Profit	$11.52M	$7.478M
YoY Change	80.62%	13.75%
Interest Expense	-$13.39M	$7.405M
YoY Change	-231.56%	14.33%
% of Operating Profit	-116.23%	99.02%
Other Income/Expense, Net	-$487.0K	-$42.00K
YoY Change	1291.43%	-98.25%
Pretax Income	-$2.357M	-$6.006M
YoY Change	88.86%	1368.46%
Income Tax	$1.000K
% Of Pretax Income
Net Earnings	-$5.056M	-$8.707M
YoY Change	27.36%	180.78%
Net Earnings / Revenue	-19.21%	-33.65%
Basic Earnings Per Share	-$13.74	-$0.17
Diluted Earnings Per Share	-$13.74	-$0.17
COMMON SHARES
Basic Shares Outstanding	68.02M shares	68.02M shares
Diluted Shares Outstanding	566.9K shares	62.95M shares

Balance Sheet

Concept	2024 Q2	2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$19.61M	$17.73M
YoY Change	-31.76%	-28.55%
Cash & Equivalents	$19.61M	$17.73M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$34.08M	$29.47M
YoY Change	-14.34%	-19.47%
LONG-TERM ASSETS
Property, Plant & Equipment	$551.3M	$553.5M
YoY Change	-3.86%	-3.9%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$11.37M	$10.58M
YoY Change	275.22%
Other Assets	$57.22M	$55.73M
YoY Change	77.15%	-15.21%
Total Long-Term Assets	$636.2M	$638.1M
YoY Change	0.42%	-1.0%
TOTAL ASSETS
Total Short-Term Assets	$34.08M	$29.47M
Total Long-Term Assets	$636.2M	$638.1M
Total Assets	$670.3M	$667.6M
YoY Change	-0.45%	-1.99%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$21.11M	$19.29M
YoY Change	22.69%	-6.64%
Accrued Expenses	$10.23M	$10.28M
YoY Change	-37.55%	-37.43%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$31.34M	$29.57M
YoY Change	-6.68%	-20.28%
LONG-TERM LIABILITIES
Long-Term Debt	$481.2M	$478.2M
YoY Change	2.55%	2.39%
Other Long-Term Liabilities	$27.76M	$26.85M
YoY Change	20.65%	-2.54%
Total Long-Term Liabilities	$509.0M	$505.1M
YoY Change	3.39%	2.11%
TOTAL LIABILITIES
Total Short-Term Liabilities	$31.34M	$29.57M
Total Long-Term Liabilities	$509.0M	$505.1M
Total Liabilities	$540.3M	$534.6M
YoY Change	2.75%	0.55%
SHAREHOLDERS EQUITY
Retained Earnings	-$343.4M	-$335.6M
YoY Change	11.78%	11.5%
Common Stock	$5.000K	$680.0K
YoY Change	-94.9%	593.88%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	-$36.39M	-$29.03M
YoY Change
Total Liabilities & Shareholders Equity	$670.3M	$667.6M
YoY Change	-0.45%	-1.99%

Cashflow Statement

Concept	2024 Q2	2024 Q1
OPERATING ACTIVITIES
Net Income	-$5.056M	-$8.707M
YoY Change	27.36%	180.78%
Depreciation, Depletion And Amortization	$4.600M	$6.598M
YoY Change	-55.1%	45.88%
Cash From Operating Activities	$7.878M	$5.234M
YoY Change	0.74%	41.96%
INVESTING ACTIVITIES
Capital Expenditures	$7.763M	$4.134M
YoY Change	169.46%	-0.51%
Acquisitions
YoY Change
Other Investing Activities	$5.162M
YoY Change	-272.07%
Cash From Investing Activities	-$2.601M	-$4.134M
YoY Change	-55.77%	-0.51%
FINANCING ACTIVITIES
Cash Dividend Paid		$2.688M
YoY Change		0.0%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-2.027M	-$2.393M
YoY Change	-30.46%	-26.95%
NET CHANGE
Cash From Operating Activities	7.878M	$5.234M
Cash From Investing Activities	-2.601M	-$4.134M
Cash From Financing Activities	-2.027M	-$2.393M
Net Change In Cash	3.250M	-$1.293M
YoY Change	-432.99%	-65.46%
FREE CASH FLOW
Cash From Operating Activities	$7.878M	$5.234M
Capital Expenditures	$7.763M	$4.134M
Free Cash Flow	$115.0K	$1.100M
YoY Change	-97.67%	-335.04%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q1	us-gaap	Revenues Revenues	26066000	usd
CY2024Q1	whlr	Property Operating Costs PropertyOperatingCosts	9050000	usd
CY2023Q1	whlr	Property Operating Costs PropertyOperatingCosts	8955000	usd
CY2023Q3	us-gaap	Stockholders Equity Note Stock Split Conversion Ratio1 StockholdersEquityNoteStockSplitConversionRatio1	0.1
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	53769787	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	53769787	shares
CY2024Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	177000	usd
CY2023Q1	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	566000	usd
CY2024Q1	us-gaap	Revenues Revenues	25872000	usd
CY2024Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	6598000	usd
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	7466000	usd
CY2024Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2746000	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	3071000	usd
CY2024Q1	us-gaap	Costs And Expenses CostsAndExpenses	18394000	usd
CY2023Q1	us-gaap	Costs And Expenses CostsAndExpenses	19492000	usd
CY2024Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	7478000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	6574000	usd
CY2024Q1	us-gaap	Interest Income Operating InterestIncomeOperating	63000	usd
CY2023Q1	us-gaap	Interest Income Operating InterestIncomeOperating	47000	usd
CY2024Q1	us-gaap	Gain Loss On Investments GainLossOnInvestments	-106000	usd
CY2023Q1	us-gaap	Gain Loss On Investments GainLossOnInvestments	0	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	7405000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	6477000	usd
CY2024Q1	us-gaap	Fair Value Adjustment Of Warrants FairValueAdjustmentOfWarrants	5507000	usd
CY2023Q1	us-gaap	Fair Value Adjustment Of Warrants FairValueAdjustmentOfWarrants	-1852000	usd
CY2024Q1	whlr	Gain Loss On Preferred Stock Redemptions GainLossOnPreferredStockRedemptions	213000	usd
CY2023Q1	whlr	Gain Loss On Preferred Stock Redemptions GainLossOnPreferredStockRedemptions	0	usd
CY2024Q1	us-gaap	Other Nonoperating Expense OtherNonoperatingExpense	742000	usd
CY2023Q1	us-gaap	Other Nonoperating Expense OtherNonoperatingExpense	2405000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	-6006000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-409000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Attributable To Noncontrolling Entity IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity	2701000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Attributable To Noncontrolling Entity IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity	2692000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-8707000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-3101000	usd
CY2024Q1	us-gaap	Other Preferred Stock Dividends And Adjustments OtherPreferredStockDividendsAndAdjustments	2042000	usd
CY2023Q1	us-gaap	Other Preferred Stock Dividends And Adjustments OtherPreferredStockDividendsAndAdjustments	2264000	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-10749000	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-10749000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	-5365000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-5365000	usd
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.17
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.17
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-5.48
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-5.48
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	62952191	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	62952191	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	979403	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	979403	shares
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	44823000	usd
CY2024Q1	whlr	Adjustments To Additional Paid In Capital Adjustment For Noncontrolling Interest In Operating Partnership AdjustmentsToAdditionalPaidInCapitalAdjustmentForNoncontrollingInterestInOperatingPartnership	0	usd
CY2024Q1	us-gaap	Dividends Dividends	4730000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	-6006000	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	37092000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	51034000	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
CY2024Q1	us-gaap	Profit Loss ProfitLoss	-6006000	usd
CY2024Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	6598000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	7466000	usd
CY2024Q1	us-gaap	Other Amortization Of Deferred Charges OtherAmortizationOfDeferredCharges	628000	usd
CY2023Q1	us-gaap	Other Amortization Of Deferred Charges OtherAmortizationOfDeferredCharges	479000	usd
CY2024Q1	us-gaap	Fair Value Adjustment Of Warrants FairValueAdjustmentOfWarrants	5507000	usd
CY2023Q1	us-gaap	Fair Value Adjustment Of Warrants FairValueAdjustmentOfWarrants	-1852000	usd
CY2024Q1	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	-913000	usd
CY2023Q1	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	-1396000	usd
CY2024Q1	us-gaap	Gain Loss On Repurchase Of Debt Instrument GainLossOnRepurchaseOfDebtInstrument	-700000	usd
CY2023Q1	us-gaap	Gain Loss On Repurchase Of Debt Instrument GainLossOnRepurchaseOfDebtInstrument	0	usd
CY2024Q1	whlr	Gain Loss On Preferred Stock Redemptions GainLossOnPreferredStockRedemptions	213000	usd
CY2023Q1	whlr	Gain Loss On Preferred Stock Redemptions GainLossOnPreferredStockRedemptions	0	usd
CY2024Q1	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	-106000	usd
CY2023Q1	us-gaap	Unrealized Gain Loss On Investments UnrealizedGainLossOnInvestments	0	usd
CY2024Q1	us-gaap	Straight Line Rent Adjustments StraightLineRentAdjustments	-17000	usd
CY2023Q1	us-gaap	Straight Line Rent Adjustments StraightLineRentAdjustments	8000	usd
CY2024Q1	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	-50000	usd
CY2023Q1	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	25000	usd
CY2024Q1	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	-1012000	usd
CY2023Q1	us-gaap	Increase Decrease In Receivables IncreaseDecreaseInReceivables	-1747000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	2252000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	5439000	usd
CY2024Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	134000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	3058000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	5234000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	3687000	usd
CY2024Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	4134000	usd
CY2023Q1	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	4155000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-4134000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-4155000	usd
CY2024Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	445000	usd
CY2023Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	0	usd
CY2024Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	2688000	usd
CY2023Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	2688000	usd
CY2024Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	2387000	usd
CY2023Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	0	usd
CY2024Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	365000	usd
CY2023Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	588000	usd
CY2024Q1	us-gaap	Repayments Of Debt RepaymentsOfDebt	1282000	usd
CY2023Q1	us-gaap	Repayments Of Debt RepaymentsOfDebt	0	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-2393000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-3276000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-1293000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-3744000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	39807000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	55865000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	38514000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	52121000	usd
CY2024Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	17732000	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	24817000	usd
CY2024Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	20782000	usd
CY2023Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	27304000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	38514000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	52121000	usd
CY2024Q1	whlr	Percentage Of Ownership Interests In Operating Partnership PercentageOfOwnershipInterestsInOperatingPartnership	0.9913
CY2024Q1	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	75	center
CY2024Q1	whlr	Numberof Real Estate Properties Undeveloped NumberofRealEstatePropertiesUndeveloped	4	property
CY2024Q1	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	22000	usd
CY2023Q1	us-gaap	Accretion Amortization Of Discounts And Premiums Investments AccretionAmortizationOfDiscountsAndPremiumsInvestments	147000	usd
CY2024Q1	whlr	Preferred Stock Redemption PreferredStockRedemption	-2841000	usd
CY2023Q1	whlr	Preferred Stock Redemption PreferredStockRedemption	0	usd
CY2024Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	3161000	usd
CY2023Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	2600000	usd
CY2024Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	204000	usd
CY2023Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	278000	usd
CY2024Q1	us-gaap	Interest Paid Net InterestPaidNet	6226000	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	5304000	usd
CY2024Q1	us-gaap	Other Nonoperating Expense OtherNonoperatingExpense	700000	usd
CY2023Q1	us-gaap	Other Nonoperating Expense OtherNonoperatingExpense	2400000	usd
CY2024Q1	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<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 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 loss.</span></div>
CY2024Q1	us-gaap	Depreciation Depreciation	4600000	usd
CY2023Q1	us-gaap	Depreciation Depreciation	4500000	usd
CY2023Q4	us-gaap	Assets Of Disposal Group Including Discontinued Operation AssetsOfDisposalGroupIncludingDiscontinuedOperation	0	usd
CY2023Q4	us-gaap	Long Term Debt LongTermDebt	477574000	usd
CY2024Q1	whlr	Disposal Group Including Discontinued Operation Liabilities Net Of Deferred Finance Costs DisposalGroupIncludingDiscontinuedOperationLiabilitiesNetOfDeferredFinanceCosts	993000	usd
CY2023Q4	whlr	Disposal Group Including Discontinued Operation Liabilities Net Of Deferred Finance Costs DisposalGroupIncludingDiscontinuedOperationLiabilitiesNetOfDeferredFinanceCosts	0	usd
CY2024Q1	us-gaap	Secured Debt SecuredDebt	478205000	usd
CY2023Q4	us-gaap	Secured Debt SecuredDebt	477574000	usd
CY2024Q1	us-gaap	Deferred Costs Leasing Net DeferredCostsLeasingNet	6574000	usd
CY2023Q4	us-gaap	Deferred Costs Leasing Net DeferredCostsLeasingNet	7461000	usd
CY2024Q1	whlr	Tenant Relationships TenantRelationships	239000	usd
CY2023Q4	whlr	Tenant Relationships TenantRelationships	280000	usd
CY2024Q1	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	4275000	usd
CY2023Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	2224000	usd
CY2024Q1	us-gaap	Other Assets OtherAssets	3000	usd
CY2023Q4	us-gaap	Other Assets OtherAssets	3000	usd
CY2024Q1	us-gaap	Deferred Costs And Other Assets DeferredCostsAndOtherAssets	27280000	usd
CY2023Q4	us-gaap	Deferred Costs And Other Assets DeferredCostsAndOtherAssets	28028000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	68400000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	69900000	usd
CY2024Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	2000000	usd
CY2023Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	2900000	usd
CY2024Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	497013000	usd
CY2023Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	495572000	usd
CY2024Q1	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	17815000	usd
CY2023Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	17998000	usd
CY2024Q1	us-gaap	Long Term Debt LongTermDebt	479198000	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear	6836000	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	13623000	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	16177000	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	2958000	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	14194000	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	24339000	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive	418886000	usd
CY2024Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	497013000	usd
CY2023Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	3653000	usd
CY2022Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	7111000	usd
CY2024Q1	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	9160000	usd
CY2023Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	3653000	usd
CY2024Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P36Y
CY2023Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P34Y
CY2024Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	200000	usd
CY2023Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	300000	usd
CY2024Q1	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	700000	usd
CY2023Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	900000	usd
CY2024Q1	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	-913000	usd
CY2023Q1	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	-1396000	usd
CY2024Q1	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	370000	usd
CY2023Q1	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	346000	usd
CY2024Q1	whlr	Revenues Gross RevenuesGross	25822000	usd
CY2023Q1	whlr	Revenues Gross RevenuesGross	26091000	usd
CY2024Q1	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	-50000	usd
CY2023Q1	us-gaap	Provision For Loan Lease And Other Losses ProvisionForLoanLeaseAndOtherLosses	25000	usd
CY2024Q1	us-gaap	Revenues Revenues	25872000	usd
CY2023Q1	us-gaap	Revenues Revenues	26066000	usd
CY2023Q1	us-gaap	Dividends Common Stock DividendsCommonStock	0	usd
CY2024Q1	us-gaap	Dividends Common Stock DividendsCommonStock	0	usd
CY2024Q1	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
0001527541-24-000055-index-headers.html	Edgar Link	pending
0001527541-24-000055-index.html	Edgar Link	pending
0001527541-24-000055.txt	Edgar Link	pending
0001527541-24-000055-xbrl.zip	Edgar Link	pending
ex311q12024.htm	Edgar Link	pending
ex312q12024.htm	Edgar Link	pending
ex32q12024.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
whlr-20240331.htm	Edgar Link	pending
whlr-20240331.xsd	Edgar Link	pending
whlr-20240331_cal.xml	Edgar Link	unprocessable
whlr-20240331_def.xml	Edgar Link	unprocessable
whlr-20240331_lab.xml	Edgar Link	unprocessable
whlr-20240331_pre.xml	Edgar Link	unprocessable
whlr-20240331_htm.xml	Edgar Link	completed

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

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

2024 Q2 Form 10-Q Financial Statement

#000152754124000055 Filed on May 06, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

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

2024 Q2 Form 10-Q Financial Statement

#000152754124000055 Filed on May 06, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

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