7Baggers

Easterly Government Properties, Inc
(NYSE:DEA) 

DEA stock logo

Easterly Government Properties, Inc. (NYSE:DEA) is based in Washington, D.C., and focuses primarily on the acquisition, development and management of Class A commercial properties that are leased to the U.S. Government. Easterly's experienced management team brings specialized insight into the strat...

Full Time Employees: 37
Sector: Real Estate
Industry: REIT-Office
REIT
Share this website to your friends
• Market Cap:
• Exchange:
• Shs Outstanding:
• Employees:
• Beta:
• Return on Equity (ROE) ttm:
• Return on Assets (ROA) ttm:
• EPS ttm:
• Book value per Share:
• Cash per Share:
• Current ast per Share:
• P/E ttm:
• P/E forward:
• P/E ttm high:
• P/E ttm low:
• P/S ttm:
• P/B ttm:
• P/FCF ttm:
• PEG ratio:
• Cash Ratio ttm:
• Quick Ratio ttm:
• Current Ratio ttm:
• Gross Mgn ttm:
• EBITDA Mgn ttm:
• Operating Mgn ttm:
• Net Income Mgn ttm:
• Trailing Div yield:
• Forward Div yield:
• Payout Ratio ttm:
• Ex-Dividend date:
• Target Price High:
• Target Price Low:
• Target Price Mean:
• Number of Analysts:
• Debt Ratio ttm:
• Debt to Equity ttm:
• Total Net Debt:
At a glance:
Bull Thesis:
Bear Thesis:
Main Competitors:
Moat:
Income Statements:
Quarterly
Annual
    Unit: USD2026-03-31 2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 
                                                 
      revenues
    		                                             
      rental income
    		88,593,000 83,546,000 82,210,000 80,367,000 75,546,000 74,136,000 72,536,000 72,183,000 70,746,000 69,795,000 68,205,000 67,758,000 68,148,000 70,250,000 72,643,000 71,156,000 70,439,000 69,676,000 67,439,000 66,095,000 64,179,000 62,155,000 59,843,000 59,550,000 56,583,000 56,161,000 53,382,000 50,513,000 48,488,000 42,414,000 35,219,000 32,459,000 32,289,000 32,402,000 30,079,000 27,501,000 26,020,000 24,844,000 24,493,000 22,291,000 21,736,000 19,886,000 18,126,000 17,626,000 9,304,000 
      tenant reimbursements
    		804,000 1,234,000 1,700,000 1,895,000 1,026,000 2,050,000 663,000 2,814,000 1,017,000 1,629,000 2,704,000 2,500,000 2,075,000 2,244,000 1,616,000 916,000 1,144,000 1,441,000 1,527,000 1,899,000 320,000 2,228,000 682,000 435,000 1,152,000 3,602,000 3,369,000 1,655,000 1,584,000 5,320,000 4,086,000 4,089,000 3,483,000 3,773,000 3,554,000 2,974,000 3,628,000 3,631,000 2,385,000 2,476,000 2,155,000 2,196,000 1,689,000 1,572,000 776,000 
      asset management income
    		646,000 677,000 623,000 622,000 622,000 622,000 579,000 551,000 550,000 550,000 526,000 517,000 517,000 467,000 377,000 317,000 248,000                             
      other income
    		1,502,000 1,582,000 1,618,000 1,350,000 1,481,000 1,442,000 1,003,000 673,000 487,000 646,000 579,000 598,000 480,000 545,000 405,000 368,000 471,000 384,000 642,000 620,000 502,000 820,000 606,000 541,000 483,000 1,014,000 838,000 581,000 535,000 474,000 132,000 424,000 202,000 150,000 225,000 128,000 239,000 276,000 97,000 154,000 80,000 92,000 42,000 58,000 11,000 
      total revenues
    		91,545,000 87,039,000 86,151,000 84,234,000 78,675,000 78,250,000 74,781,000 76,221,000 72,800,000 72,620,000 72,014,000 71,373,000 71,220,000 73,506,000 75,041,000 72,757,000 72,302,000 71,637,000 69,608,000 68,614,000 65,001,000 65,203,000 61,131,000 60,526,000 58,218,000 60,777,000 57,589,000 52,749,000 50,607,000 48,208,000 39,437,000 36,972,000 35,974,000 36,325,000 33,858,000 30,603,000 29,887,000 28,751,000 26,975,000 24,921,000 23,971,000 22,174,000 19,857,000 19,256,000 10,091,000 
      yoy
    		16.36% 11.23% 15.20% 10.51% 8.07% 7.75% 3.84% 6.79% 2.22% -1.21% -4.03% -1.90% -1.50% 2.61% 7.81% 6.04% 11.23% 9.87% 13.87% 13.36% 11.65% 7.28% 6.15% 14.74% 15.04% 26.07% 46.03% 42.67% 40.68% 32.71% 16.48% 20.81% 20.37% 26.34% 25.52% 22.80% 24.68% 29.66% 35.85% 29.42% 137.55%     
      qoq
    		5.18% 1.03% 2.28% 7.07% 0.54% 4.64% -1.89% 4.70% 0.25% 0.84% 0.90% 0.21% -3.11% -2.05% 3.14% 0.63% 0.93% 2.91% 1.45% 5.56% -0.31% 6.66% 1.00% 3.96% -4.21% 5.54% 9.18% 4.23% 4.98% 22.24% 6.67% 2.77% -0.97% 7.29% 10.64% 2.40% 3.95% 6.58% 8.24% 3.96% 8.10% 11.67% 3.12% 90.82%  
      expenses
    		                                             
      property operating
    		20,536,000 19,772,000 20,715,000 19,210,000 17,799,000 18,731,000 16,710,000 18,118,000 16,592,000 17,701,000 18,746,000 17,629,000 17,888,000 17,970,000 17,802,000 15,551,000 15,458,000 15,115,000 15,188,000 14,296,000 12,094,000 13,944,000 12,313,000 10,915,000 11,258,000 13,974,000 13,408,000 10,934,000 9,963,000 9,349,000 7,780,000 7,223,000 6,560,000 6,003,000 6,718,000 5,837,000 6,349,000 6,352,000 5,308,000 5,085,000 4,333,000 4,214,000 3,838,000 3,558,000 1,730,000 
      real estate taxes
    		8,532,000 8,658,000 8,814,000 8,486,000 7,957,000 6,852,000 8,000,000 7,843,000 8,229,000 7,560,000 7,814,000 7,619,000 7,468,000 7,046,000 8,177,000 7,851,000 7,826,000 7,964,000 7,626,000 7,553,000 7,286,000 7,143,000 6,803,000 6,617,000 6,562,000 6,415,000 6,008,000 5,465,000 5,755,000 5,538,000 4,228,000 3,845,000 3,700,000 4,564,000 3,452,000 2,979,000 2,735,000 2,663,000 2,533,000 2,332,000 2,368,000 2,289,000 1,980,000 1,755,000 959,000 
      depreciation and amortization
    		33,221,000 29,620,000 28,946,000 28,534,000 26,797,000 24,652,000 23,795,000 24,086,000 23,800,000 23,347,000 22,245,000 22,619,000 23,081,000 24,702,000 25,050,000 24,343,000 24,159,000 23,651,000 22,765,000 22,525,000 22,325,000 23,071,000 23,522,000 23,654,000 23,556,000 23,722,000 23,299,000 22,967,000 22,451,000 21,072,000 16,109,000 14,588,000 14,634,000 14,210,000 14,141,000 13,462,000 13,060,000 12,469,000 12,237,000 11,074,000 10,863,000 10,166,000 9,344,000 9,151,000 4,900,000 
      acquisition costs
    		649,000 458,000 293,000 362,000 307,000 451,000 600,000 408,000 419,000 435,000 321,000 444,000 461,000 431,000 275,000 302,000 362,000 451,000 518,000 483,000 487,000 414,000 467,000 668,000 538,000 297,000 519,000 452,000 470,000 556,000 300,000 499,000 224,000 299,000 206,000 456,000 532,000 459,000 660,000 346,000 333,000 1,017,000 235,000 195,000 1,440,000 
      corporate general and administrative
    		8,495,000 7,211,000 5,808,000 6,807,000 6,215,000 6,418,000 4,667,000 7,128,000 6,455,000 6,692,000 6,107,000 7,024,000 7,295,000 6,966,000 5,870,000 5,966,000 5,983,000 6,053,000 5,893,000 5,768,000 5,808,000 5,065,000 4,577,000 5,505,000 5,483,000 5,902,000 5,298,000 4,667,000 4,317,000 4,128,000 3,614,000 3,623,000 3,459,000 3,394,000 2,920,000 3,142,000 3,444,000 3,135,000 3,066,000 3,052,000 3,036,000 2,705,000 2,301,000 2,239,000 1,572,000 
      provision for (recovery of) credit losses
    		196,000 30,000 302,000 -539,000                                          
      total expenses
    		71,629,000 65,749,000 64,878,000 62,860,000 58,837,000 57,153,000 55,032,000 57,583,000 55,495,000 55,735,000 55,233,000 55,335,000 56,193,000 57,115,000 57,174,000 54,013,000 53,788,000 53,234,000 51,990,000 50,625,000 48,000,000 49,637,000 47,682,000 47,359,000 47,397,000 50,310,000 48,532,000 44,485,000 42,956,000 40,643,000 32,031,000 29,778,000 28,577,000 28,470,000 27,437,000 25,876,000 26,120,000 25,078,000 23,804,000 21,889,000 20,933,000 20,391,000 17,698,000 16,970,000 12,270,000 
      income from unconsolidated real estate venture
    		1,664,000 1,563,000 1,556,000 1,840,000 1,822,000 1,684,000 1,575,000 1,377,000 1,415,000 1,332,000 1,346,000 1,418,000 1,402,000 1,088,000 830,000 825,000 631,000                             
      interest expense
    		-20,166,000 -18,080,000 -19,037,000 -18,960,000 -18,377,000 -17,223,000 -16,209,000 -15,165,000 -13,836,000 -13,430,000 -12,046,000 -11,678,000 -12,015,000 -12,649,000 -12,408,000 -11,439,000 -10,882,000 -10,893,000 -9,353,000 -9,265,000 -9,121,000 -8,945,000 -8,628,000 -9,004,000 -8,903,000 -8,856,000 -8,454,000 -8,018,000 -8,132,000 -6,922,000 -4,924,000 -5,475,000 -5,582,000 -5,445,000 -5,495,000 -3,714,000 -2,417,000 -2,210,000 -2,043,000 -1,995,000 -1,929,000 -1,610,000 -1,341,000 -1,321,000 -700,000 
      net income
    		1,414,000 4,773,000 1,247,000 4,254,000 3,283,000 5,729,000 5,115,000 4,850,000 4,884,000 4,787,000 6,081,000 5,778,000 4,414,000 18,420,000 749,000 8,130,000 8,263,000 7,781,000 9,042,000 9,254,000 7,880,000 2,626,000 4,821,000 4,163,000 1,918,000 1,611,000 603,000 6,491,000 -481,000 643,000 2,482,000 1,719,000 1,815,000 2,100,000 926,000 1,013,000 1,350,000 1,463,000 1,128,000 1,037,000 1,109,000 173,000 818,000 965,000 -8,001,000 
      yoy
    		-56.93% -16.69% -75.62% -12.29% -32.78% 19.68% -15.89% -16.06% 10.65% -74.01% 711.88% -28.93% -46.58% 136.73% -91.72% -12.15% 4.86% 196.31% 87.55% 122.29% 310.84% 63.00% 699.50% -35.87% -498.75% 150.54% -75.71% 277.60% -126.50% -69.38% 168.03% 69.69% 34.44% 43.54% -17.91% -2.31% 21.73% 745.66% 37.90% 7.46% -113.86%     
      qoq
    		-70.38% 282.76% -70.69% 29.58% -42.70% 12.00% 5.46% -0.70% 2.03% -21.28% 5.24% 30.90% -76.04% 2359.28% -90.79% -1.61% 6.19% -13.95% -2.29% 17.44% 200.08% -45.53% 15.81% 117.05% 19.06% 167.16% -90.71% -1449.48% -174.81% -74.09% 44.39% -5.29% -13.57% 126.78% -8.59% -24.96% -7.72% 29.70% 8.78% -6.49% 541.04% -78.85% -15.23% -112.06%  
      net income margin %
    		1.54% 5.48% 1.45% 5.05% 4.17% 7.32% 6.84% 6.36% 6.71% 6.59% 8.44% 8.10% 6.20% 25.06% 1.00% 11.17% 11.43% 10.86% 12.99% 13.49% 12.12% 4.03% 7.89% 6.88% 3.29% 2.65% 1.05% 12.31% -0.95% 1.33% 6.29% 4.65% 5.05% 5.78% 2.73% 3.31% 4.52% 5.09% 4.18% 4.16% 4.63% 0.78% 4.12% 5.01% -79.29% 
      non-controlling interest in operating partnership
    		-49,000 -181,000 -34,000 -183,000 -156,000 -276,000 -252,000 -239,000 -258,000 -351,000 -707,000 -675,000 -523,000 -2,126,000 -107,000 -933,000 -922,000 -892,000 -1,065,000 -1,053,000 -889,000 -292,000 -557,000 -497,000 -221,000 -179,000 -54,000 -849,000 65,000 -53,000 -327,000 -279,000 -296,000 -345,000 -144,000 -186,000 -266,000 -317,000 -233,000 -338,000 -434,000 -68,000 -320,000 -377,000 -5,116,000 
      net income available to easterly government properties, inc.
    		1,365,000 4,592,000 1,213,000 4,071,000 3,127,000 5,453,000 4,863,000 4,611,000 4,626,000 4,436,000 5,374,000 5,103,000 3,891,000 16,294,000 642,000 7,197,000 7,341,000 6,889,000 7,977,000 8,201,000 6,991,000 2,334,000 4,264,000 3,666,000 1,697,000 1,432,000 549,000 5,642,000 -416,000 590,000 2,155,000 1,440,000 1,519,000 1,755,000 782,000 827,000 1,084,000 1,146,000 895,000 699,000 675,000 105,000 498,000 588,000 -2,885,000 
      net income available to easterly government properties, inc. per share:
    		                                             
      basic
    		0.02 0.09 0.02 0.09 0.07 0.05 0.05 0.04 0.04 0.04 0.06 0.05 0.04 0.18 0.01 0.08 0.08 0.08 0.09 0.1 0.08 0.03 0.05 0.05 0.02 0.02 0.01 0.08 -0.01 0.01 0.03 0.02 0.03 0.04 0.02 0.02 0.03 0.03 0.02 0.02 0.03 0.01 0.02 0.02 -0.22 
      diluted
    		0.02 0.09 0.02 0.09 0.07 0.05 0.05 0.04 0.04 0.04 0.06 0.05 0.04 0.18 0.01 0.08 0.08 0.08 0.09 0.1 0.08 0.03 0.05 0.05 0.02 0.02 0.01 0.08 -0.01  0.03 0.02 0.03 0.03 0.02 0.02 0.03 0.03 0.02 0.02 0.03 0.01 0.02 0.02 -0.22 
      weighted-average common shares outstanding
    		                                             
      basic
    		46,260,517 44,922,497 45,337,184 45,011,585 43,224,145 103,443,951 103,515,246 102,913,974 101,993,143 94,264,166 93,537,121 93,358,851 91,099,357 90,613,966 90,772,706 90,751,351 90,150,518  83,961,693 83,817,680 82,120,353  80,334,976 76,171,627 74,892,711  71,444,448 68,247,822 61,225,926  60,446,199 47,531,128 45,008,062  39,962,471 37,408,603 36,891,595  34,967,482       
      diluted
    		46,453,599 45,057,895 45,485,375 45,111,753 43,372,207 103,758,546 103,904,581 103,200,622 102,235,012 94,556,055 93,849,444 93,641,382 91,329,140 90,948,701 91,119,372 91,083,980 90,571,571  84,472,257 84,247,285 82,596,597  80,928,844 76,869,965 75,616,233  71,828,991 68,419,665 61,225,926  61,978,998 49,124,886 46,018,040  41,903,977 39,845,314 39,143,887  36,904,564       
      dividends declared per common share
    		0.45 0.45 0.45 0.45 0.66 0.265 0.265 0.265 0.265 0.265 0.265 0.265 0.265 0.265 0.265 0.265 0.265 0.265 0.265 0.26 0.26 0.26 0.26 0.26 0.26 0.26 0.26 0.26 0.26 0.26 0.26 0.26 0.26 0.185 0.25 0.25          
      impairment loss
    		  -2,545,000            -5,540,000                               
      recovery of credit losses
    		    -238,000                                         
      provision for credit losses
    		     49,000 1,260,000                                       
      gain on the sale of operating property
    		                 326,750 777,000 530,000        6,245,000                  
      other expense
    		                                             
      other expenses
    		                                             
      operating expenses
    		                                             
      operating income
    		                             5,499,250 7,406,000 7,194,000 7,397,000 7,855,000 6,421,000 4,727,000 3,767,000 3,673,000 3,171,000 3,032,000 3,038,000 1,783,000 2,159,000 2,286,000 -2,179,000 
      yoy
    		                             -29.99% 15.34% 52.19% 96.36% 113.86% 102.49% 55.90% 24.00% 106.00% 46.87% 32.63% -239.42%     
      qoq
    		                             -25.75% 2.95% -2.74% -5.83% 22.33% 35.84% 25.48% 2.56% 15.83% 4.58% -0.20% 70.39% -17.42% -5.56% -204.91%  
      operating margin %
    		0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 11.41% 18.78% 19.46% 20.56% 21.62% 18.96% 15.45% 12.60% 12.78% 11.76% 12.17% 12.67% 8.04% 10.87% 11.87% -21.59% 
      other incomes
    		                                             
      formation expenses
    		                                           72,000 1,594,000 
      fund general and administrative
    		                                            75,000 
      other (expenses) / income
    		                                             
      net unrealized (loss) on investments
    		                                             
      weighted- average common shares outstanding
    		                                             
      basic
    		                 84,043,012    78,219,491    68,769,526    53,511,137    39,607,740    30,645,279  27,484,075 24,141,712 21,430,016 24,141,712 24,141,712 13,144,277 
      diluted
    		                 84,619,390    78,791,453    69,208,966    54,931,380    41,563,540    32,372,538  29,267,258 25,744,824 21,430,016 25,216,716 25,435,010 13,144,277 
      income from real estate investments
    		                                             
      net unrealized gain on investments
    		                                            -5,122,000 
      non-controlling interest in predecessor
    		                                             
      net unrealized gain gain on investments
    		                                             
    Balance Sheets:
    Quarterly
    Annual
      Unit: USD2026-03-31 2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 
                                                    
        assets
      		                                              
        real estate properties
      		2,738,755,000 2,714,650,000 2,709,517,000 2,682,915,000 2,573,509,000 2,572,095,000 2,457,256,000 2,417,749,000 2,337,307,000 2,319,143,000 2,262,502,000 2,270,435,000 2,277,307,000 2,285,308,000 2,463,961,000 2,464,280,000 2,388,592,000 2,399,188,000 2,287,208,000 2,284,295,000 2,255,241,000 2,208,661,000 2,130,984,000 2,108,759,000 2,040,468,000 1,988,726,000 1,923,371,000 1,857,730,000 1,771,788,000 1,626,617,000 1,546,600,000 1,254,368,000 1,232,211,000 1,230,162,000 1,195,618,000 1,117,039,000 928,855,000 901,066,000 880,962,000 808,177,000 797,880,000 772,007,000 668,034,000 657,957,000 627,608,000  
        cash and cash equivalents
      		2,017,000 23,374,000 4,355,000 4,697,000 8,459,000 19,353,000 31,202,000 14,814,000 43,545,000 9,381,000 20,696,000 9,816,000 8,852,000 7,578,000 11,032,000 8,259,000 7,793,000 11,132,000 16,068,000 8,059,000 6,323,000 8,465,000 9,037,000 8,915,000 14,519,000 12,012,000 65,407,000 9,737,000 8,663,000 6,854,000 6,922,000 147,505,000 9,591,000 12,682,000 6,551,000 6,105,000 5,241,000 4,845,000 4,358,000 3,704,000 4,380,000 8,176,000 4,466,000 3,409,000 11,922,000 1,000 
        restricted cash
      		10,661,000 10,257,000 9,854,000 9,354,000 9,030,000 8,451,000 8,005,000 12,425,000 12,557,000 12,558,000 12,753,000 11,970,000 11,621,000 9,696,000 10,462,000 9,785,000 9,545,000 9,011,000 7,680,000 6,619,000 6,816,000 6,204,000 4,837,000 4,502,000 4,088,000 3,537,000 4,200,000 5,184,000 4,662,000 4,251,000 4,388,000 6,330,000 4,389,000 3,519,000 3,866,000 3,559,000 2,005,000 1,646,000 1,432,000 1,557,000 1,521,000 1,736,000 1,810,000 1,529,000 1,585,000  
        tenant accounts receivable
      		73,041,000 51,493,000 65,784,000 75,506,000 70,531,000 71,172,000 70,280,000 71,273,000 73,092,000 66,274,000 61,119,000 60,862,000 58,334,000 58,835,000 60,250,000 57,120,000 58,643,000 58,733,000 52,789,000 48,742,000 45,746,000                          
        investment in unconsolidated real estate venture
      		304,070,000 304,721,000 306,526,000 310,514,000 314,546,000 316,521,000 315,886,000 280,085,000 282,879,000 284,544,000 284,522,000 268,594,000 270,889,000 271,644,000 199,338,000 182,343,000 152,374,000 131,840,000                             
        real estate loans receivable, net and investment in sales-type lease
      		44,462,000                                              
        intangible assets
      		189,534,000 183,911,000 190,652,000 188,006,000 155,663,000 161,425,000 146,204,000 147,510,000 143,044,000 148,453,000 140,505,000 145,837,000 151,335,000 157,282,000 178,327,000 183,088,000 179,609,000 186,307,000 157,906,000 161,187,000 162,351,000 163,387,000 162,576,000 169,235,000 171,883,000 168,625,000 172,076,000 176,232,000 170,157,000 165,668,000 167,044,000 132,477,000 136,651,000 143,063,000 131,408,000 127,127,000 111,195,000 113,795,000 116,100,000 111,728,000 115,198,000 116,585,000 104,657,000 107,254,000 105,856,000  
        prepaid expenses and other assets
      		57,520,000 57,078,000 59,949,000 56,493,000 48,964,000 39,256,000 41,073,000 49,717,000 47,494,000 37,405,000 38,379,000 35,335,000 38,488,000 35,022,000 33,765,000 33,465,000 34,642,000 29,901,000 34,319,000 34,663,000 31,126,000 23,245,000 23,654,000 22,868,000 31,027,000 13,991,000 14,514,000 14,808,000 15,638,000 11,238,000 10,158,000 10,405,000 10,710,000 8,088,000 8,050,000 3,120,000 3,327,000 1,422,000 1,845,000 1,958,000 2,723,000 1,509,000 2,869,000 1,107,000 1,148,000  
        total assets
      		3,420,060,000 3,379,770,000 3,381,429,000 3,359,427,000 3,224,607,000 3,223,071,000 3,103,111,000 2,996,038,000 2,942,815,000 2,879,752,000 2,825,479,000 2,807,963,000 2,819,286,000 2,829,385,000 2,961,650,000 2,941,050,000 2,832,334,000 2,826,112,000 2,555,970,000 2,543,565,000 2,507,603,000 2,457,540,000 2,396,592,000 2,359,574,000 2,307,325,000 2,234,589,000 2,223,700,000 2,107,237,000 2,016,741,000 1,861,550,000 1,778,511,000 1,599,412,000 1,424,701,000 1,425,338,000 1,368,035,000 1,277,616,000 1,078,571,000 1,045,463,000 1,020,554,000 1,017,845,000 934,674,000 912,047,000 793,180,000 783,227,000 780,132,000  
        liabilities
      		                                              
        revolving credit facility
      		245,050,000 199,050,000 170,900,000 277,550,000 155,050,000 274,550,000 149,550,000 72,500,000 144,500,000 79,000,000  53,000,000 49,500,000 65,500,000 177,750,000 142,750,000 35,000,000 14,500,000 112,500,000 137,250,000 109,000,000 79,250,000   36,000,000   262,000,000 184,500,000 134,750,000 33,000,000  98,750,000 99,750,000 59,250,000 68,000,000 158,167,000 212,167,000 206,667,000 198,167,000 184,417,000 154,417,000 50,167,000 33,417,000 30,917,000  
        term loan facilities
      		297,479,000 297,200,000 296,971,000 273,524,000 273,387,000 274,009,000 273,851,000 274,181,000 298,917,000 299,108,000 298,982,000 249,179,000 249,079,000 248,972,000 248,879,000 248,779,000 248,679,000 248,579,000 248,479,000 249,148,000 249,057,000 248,966,000 248,875,000 248,784,000 248,693,000 248,602,000 248,511,000 248,420,000 248,329,000 248,238,000 248,413,000 99,271,000               
        notes payable
      		1,019,132,000 1,018,884,000 1,018,640,000 1,018,398,000 1,018,187,000 894,676,000 894,523,000 844,939,000 696,655,000 696,532,000 696,411,000 696,290,000 696,171,000 696,052,000 695,935,000 695,819,000 695,703,000 695,589,000 447,215,000 447,151,000 447,234,000 447,171,000 447,109,000 447,048,000 446,987,000 446,927,000 446,868,000 173,831,000 173,804,000 173,778,000 173,752,000 173,727,000 173,702,000 173,692,000 173,676,000 173,646,000           
        mortgage notes payable
      		150,054,000 151,191,000 152,316,000 153,420,000 154,508,000 155,586,000 156,653,000 209,283,000 218,916,000 220,195,000 221,448,000 222,711,000 223,942,000 240,847,000 247,969,000 249,450,000 250,945,000 252,421,000 200,021,000 201,049,000 201,963,000 202,871,000 203,768,000 204,624,000 205,471,000 206,312,000 207,144,000 207,966,000 208,780,000 209,589,000 210,388,000 211,164,000 202,495,000 203,250,000 203,999,000 204,782,000 80,054,000 80,806,000 81,552,000 82,289,000 83,020,000 83,785,000 68,756,000 69,369,000 69,981,000  
        intangible liabilities
      		13,598,000 11,959,000 12,636,000 13,331,000 14,093,000 14,885,000 11,367,000 10,826,000 11,593,000 12,480,000 13,450,000 14,421,000 15,392,000 16,387,000 19,139,000 20,257,000 18,491,000 19,718,000 20,686,000 22,129,000 23,738,000 25,406,000 27,225,000 29,178,000 31,219,000 24,578,000 26,455,000 28,206,000 29,936,000 30,835,000 33,038,000 33,937,000 36,093,000 38,569,000 40,866,000 38,175,000 40,629,000 41,840,000 41,894,000 42,119,000 44,081,000 44,605,000 39,690,000 41,015,000 35,841,000  
        deferred revenue
      		230,031,000 219,201,000 220,529,000 118,659,000 118,340,000 120,977,000 121,767,000 105,671,000 88,746,000 82,712,000 84,178,000 85,932,000 81,881,000 83,309,000 85,510,000 85,756,000 85,910,000 87,134,000 89,077,000 90,503,000 92,118,000 92,576,000 94,175,000 73,727,000 74,608,000 54,659,000 55,381,000                    
        interest rate swaps
      		1,010,000    145,000 717,000 514,000 2,465,000 2,897,000 1,994,000 5,003,000 5,114,000 2,460,000 4,020,000 4,515,000 2,710,000 1,136,000 5,700,000 8,506,000 9,686,000 10,943,000     541,000  852,000 3,147,000 4,563,000 6,958,000 6,552,000 5,890,000 4,031,000 3,088,000 3,199,000 3,893,000 3,785,000         
        accounts payable, accrued expenses and other liabilities
      		108,203,000 109,686,000 121,568,000 115,110,000 91,161,000 101,271,000 113,766,000 106,164,000 95,642,000 80,209,000 75,790,000 64,363,000 62,828,000 67,336,000 67,673,000 56,244,000 56,931,000 60,890,000 58,776,000 52,112,000 46,756,000 48,549,000 61,109,000 57,773,000 52,003,000                      
        total liabilities
      		2,064,557,000 2,010,205,000 1,996,606,000 1,972,895,000 1,826,049,000 1,835,954,000 1,721,477,000 1,623,564,000 1,554,969,000 1,470,236,000 1,390,259,000 1,385,896,000 1,379,247,000 1,418,403,000 1,542,855,000 1,499,055,000 1,392,989,000 1,384,531,000 1,185,260,000 1,209,028,000 1,180,809,000 1,157,570,000 1,096,437,000 1,076,542,000 1,110,123,000 1,034,748,000 1,039,963,000 969,312,000 886,995,000 836,297,000 737,209,000 543,384,000 630,009,000 634,249,000 598,904,000 598,208,000 390,569,000 348,597,000 343,629,000 332,524,000 321,729,000 292,153,000 165,595,000 148,768,000 142,718,000  
        equity
      		                                              
        common stock
      		464,000 463,000 461,000 453,000 447,000 1,080,000 1,056,000 1,030,000 1,024,000 1,010,000 951,000 934,000 934,000 908,000 908,000 908,000 908,000 901,000 861,000 839,000 839,000 821,000 812,000 797,000 751,000 748,000 733,000 696,000 680,000 608,000 608,000 604,000 455,000 448,000 439,000 383,000 370,000 369,000 352,000 346,000 241,000 241,000 241,000 241,000 241,000 10 
        additional paid-in capital
      		1,961,587,000 1,958,412,000 1,952,689,000 1,934,279,000 1,915,891,000 1,873,545,000 1,845,271,000 1,810,678,000 1,801,304,000 1,783,338,000 1,707,142,000 1,673,399,000 1,672,467,000 1,622,913,000 1,622,628,000 1,621,288,000 1,614,798,000 1,604,712,000 1,521,446,000 1,471,928,000 1,464,014,000 1,424,787,000 1,405,513,000 1,371,293,000 1,270,758,000 1,257,319,000 1,225,029,000 1,155,327,000 1,127,938,000 1,017,415,000 1,015,603,000 1,008,615,000 741,089,000 740,546,000 718,880,000 619,668,000 599,233,000 596,971,000 568,520,000 560,072,000 392,180,000 391,767,000 391,357,000 391,922,000 390,786,000 990 
        retained earnings
      		146,222,000 144,857,000 140,265,000 139,052,000 134,981,000 131,854,000 126,401,000 121,538,000 116,927,000 112,301,000 107,865,000 102,491,000 97,388,000 93,497,000 77,203,000 76,561,000 69,364,000 62,023,000 55,134,000 47,157,000 38,956,000 31,965,000 29,631,000 25,367,000 21,701,000 20,004,000 18,572,000 18,023,000 12,381,000 12,831,000 12,241,000 10,086,000 8,646,000 7,127,000 4,414,000 3,632,000 2,805,000 1,721,000         
        cumulative dividends
      		-796,880,000 -776,022,000 -755,273,000 -734,864,000 -714,657,000 -686,044,000 -658,042,000 -630,738,000 -603,443,000 -576,319,000 -549,562,000 -524,806,000 -500,051,000 -475,983,000 -451,917,000 -427,851,000 -403,788,000 -379,895,000 -357,069,000 -334,815,000 -313,007,000 -291,652,000 -270,531,000 -249,811,000 -230,276,000 -210,760,000 -191,477,000 -172,642,000 -154,944,000 -139,103,000 -123,282,000 -107,573,000 -95,447,000 -83,718,000 -72,195,000 -61,226,000 -51,671,000 -42,794,000 -33,944,000 -25,857,000 -18,368,000 -13,051,000 -7,734,000 -2,659,000   
        accumulated other comprehensive loss
      		-2,554,000                -172,000 -5,072,000 -7,526,000 -8,539,000 -9,741,000 -11,351,000 -12,570,000 -13,618,000 -13,276,000                      
        total stockholders’ equity
      		1,308,839,000 1,323,132,000 1,333,501,000 1,334,329,000 1,333,691,000 1,321,118,000 1,315,175,000 1,304,852,000 1,318,565,000 1,322,201,000 1,270,826,000 1,256,536,000 1,272,511,000  1,252,809,000 1,273,299,000 1,281,110,000  1,212,846,000 1,176,570,000 1,181,061,000  1,152,855,000 1,134,028,000 1,049,658,000  1,046,464,000 996,653,000 985,836,000  911,259,000 917,424,000 659,632,000              
        non-controlling interest in operating partnership
      		46,664,000 46,433,000 51,322,000 52,203,000 64,867,000 65,999,000 66,459,000 67,622,000 69,281,000 87,315,000 164,394,000 165,531,000 167,528,000 166,101,000 165,986,000 168,696,000 158,235,000 158,912,000 157,864,000 157,967,000 145,733,000 145,400,000 147,300,000 149,004,000 147,544,000 137,220,000 137,273,000 141,272,000 143,910,000 131,090,000 130,043,000 138,604,000 135,060,000 123,283,000 114,966,000 114,290,000 134,131,000 137,561,000 141,422,000 151,080,000 239,911,000 242,631,000 245,520,000 247,252,000 249,272,000  
        total equity
      		1,355,503,000 1,369,565,000 1,384,823,000 1,386,532,000 1,398,558,000 1,387,117,000 1,381,634,000 1,372,474,000 1,387,846,000 1,409,516,000 1,435,220,000 1,422,067,000 1,440,039,000 1,410,982,000 1,418,795,000 1,441,995,000 1,439,345,000 1,441,581,000 1,370,710,000 1,334,537,000 1,326,794,000 1,299,970,000 1,300,155,000 1,283,032,000 1,197,202,000 1,199,841,000 1,183,737,000 1,137,925,000 1,129,746,000 1,025,253,000 1,041,302,000 1,056,028,000 794,692,000 791,089,000 769,131,000 679,408,000 688,002,000 696,866,000 676,925,000 685,321,000 612,945,000 619,894,000 627,585,000 634,459,000 637,414,000  
        total liabilities and equity
      		3,420,060,000 3,379,770,000 3,381,429,000 3,359,427,000 3,224,607,000 3,223,071,000 3,103,111,000 2,996,038,000 2,942,815,000 2,879,752,000 2,825,479,000 2,807,963,000 2,819,286,000 2,829,385,000 2,961,650,000 2,941,050,000 2,832,334,000 2,826,112,000 2,555,970,000 2,543,565,000 2,507,603,000 2,457,540,000 2,396,592,000 2,359,574,000 2,307,325,000 2,234,589,000 2,223,700,000 2,107,237,000 2,016,741,000 1,861,550,000 1,778,511,000 1,599,412,000 1,424,701,000 1,425,338,000 1,368,035,000 1,277,616,000 1,078,571,000 1,045,463,000 1,020,554,000 1,017,845,000 934,674,000 912,047,000 793,180,000 783,227,000 780,132,000  
        real estate loan receivable
      		 34,286,000 34,792,000 31,942,000 43,760,000 34,081,000 30,689,000                                        
        commitments and contingencies
      		                                              
        accumulated other comprehensive income
      		 -4,578,000 -4,641,000 -4,591,000 -2,971,000 683,000 489,000 2,344,000 2,753,000 1,871,000 4,430,000 4,518,000 1,773,000 3,546,000 3,987,000 2,393,000          -4,690,000 -6,393,000 -4,751,000 -219,000 2,412,000 6,089,000 5,692,000 4,889,000 3,403,000 2,627,000 2,661,000 3,134,000 3,038,000         
        assets held for sale
      		      2,002,000                                        
        total stockholders' equity
      		             1,244,881,000    1,282,669,000    1,154,570,000    1,062,621,000    894,163,000    667,806,000 654,165,000 565,118,000 553,871,000 559,305,000 535,503,000 534,241,000 373,034,000 377,263,000 382,065,000 387,207,000   
        deposits on acquisitions
      		                     1,300,000 1,550,000 1,350,000 1,800,000 1,800,000 750,000 1,900,000 3,250,000 7,070,000 7,225,000 15,750,000 1,050,000 750,000 1,100,000 1,000,000 8,750,000 1,750,000 1,250,000 77,796,000     20,167,000  
        rents receivable
      		                     30,280,000 49,158,000 28,927,000 27,219,000 27,788,000 25,662,000 25,323,000 23,505,000 21,140,000 17,394,000 14,074,000 13,565,000 12,751,000 9,664,000 8,284,000 7,913,000 8,544,000 7,464,000 6,920,000 6,629,000 6,347,000 5,632,000 6,139,000 5,337,000  
        accounts receivable
      		                     14,959,000 13,580,000 13,624,000 14,750,000 15,820,000 15,794,000 13,367,000 13,650,000 11,690,000 9,186,000 8,198,000 9,911,000 9,347,000 7,532,000 6,746,000 5,740,000 5,823,000 4,136,000 3,709,000 3,832,000 2,920,000 2,856,000 2,764,000 3,228,000  
        deferred financing
      		                     1,039,000 1,216,000 1,394,000 1,571,000 1,749,000 1,926,000 2,104,000 2,281,000 2,459,000 2,636,000 3,753,000 733,000 945,000 1,158,000 1,437,000 1,652,000 2,787,000 3,007,000 2,296,000 2,511,000 2,767,000 2,856,000 3,068,000 3,281,000  
        accounts payable and accrued liabilities
      		                         47,833,000 48,372,000 42,613,000 38,248,000 37,310,000 38,618,000 25,285,000 19,733,000 19,786,000 21,946,000 14,473,000 12,622,000 13,784,000 13,516,000 9,949,000 10,211,000 9,346,000 6,982,000 4,967,000 5,979,000  
        term loan facility
      		                                99,236,000 99,202,000 99,167,000 99,132,000 99,097,000          
        retained
      		                                      575,000 -320,000 -1,019,000 -1,694,000 -1,799,000 -2,297,000 -2,885,000  
        real estate investments, at fair value
      		                                              
        members' capital
      		                                              
        non-controlling interest
      		                                              
        members’ capital
      		                                              
        revenues
      		                                              
        rental income
      		                                            9,304,000  
        tenant reimbursements
      		                                            776,000  
        other income
      		                                            11,000  
        income from real estate investments
      		                                              
        total revenues
      		                                            10,091,000  
        operating expenses
      		                                              
        property operating
      		                                            1,730,000  
        real estate taxes
      		                                            959,000  
        depreciation and amortization
      		                                            4,900,000  
        acquisition costs
      		                                            1,440,000  
        formation expenses
      		                                            1,594,000  
        corporate general and administrative
      		                                            1,572,000  
        fund general and administrative
      		                                            75,000  
        total expenses
      		                                            12,270,000  
        operating income
      		                                            -2,179,000  
        other (expenses) / income
      		                                              
        interest expense
      		                                            -700,000  
        net unrealized gain on investments
      		                                            -5,122,000  
        net income
      		                                            -8,001,000  
        non-controlling interest in predecessor
      		                                              
        net income available to easterly government properties, inc.
      		                                            -2,885,000  
        net income available to easterly government properties, inc. per share:
      		                                              
        basic
      		                                            -220  
        diluted
      		                                            -220  
        weighted- average common shares outstanding
      		                                              
        stockholder’s equity
      		                                              
        •
      		                                              
      Cashflow Statements:
      Quarterly
      Annual
        Unit: USD2026-03-31 2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 
                                                     
          cash flows from operating activities
        		                                             
          net income
        		1,414,000 4,773,000 1,247,000 4,254,000 3,283,000 5,729,000 5,115,000 4,850,000 4,884,000 4,787,000 6,081,000 5,778,000 4,414,000 18,420,000 749,000 8,130,000 8,263,000 7,781,000 9,042,000 9,254,000 7,880,000 2,626,000 4,821,000 4,163,000 1,918,000 1,611,000 603,000 6,491,000 -481,000 643,000 2,482,000 1,719,000 1,815,000 2,100,000 926,000 1,013,000 1,350,000 1,463,000 1,128,000 1,037,000 1,109,000 173,000 818,000 965,000 -8,001,000 
          adjustments to reconcile net income to net cash from operating activities
        		                                             
          depreciation and amortization
        		33,221,000 29,620,000 28,946,000 28,534,000 26,797,000 24,652,000 23,795,000 24,086,000 23,800,000 23,347,000 22,245,000 22,619,000 23,081,000 24,702,000 25,050,000 24,343,000 24,159,000 23,651,000 22,765,000 22,525,000 22,325,000 23,071,000 23,522,000 23,654,000 23,556,000 23,722,000 23,299,000 22,967,000 22,451,000 21,072,000 16,109,000 14,588,000 14,634,000 14,210,000 14,141,000 13,462,000 13,060,000 12,469,000 12,237,000 11,074,000 10,863,000 10,166,000 9,344,000 9,839,000 4,212,000 
          straight line rent
        		-2,007,000 757,000 -337,000 -300,000 251,000 134,000 -1,349,000 -918,000 -856,000 -1,236,000 -1,296,000 -902,000 -463,000 -969,000 1,090,000 451,000 -982,000 -100,000 -1,580,000 -1,324,000 -1,413,000 -1,326,000 -777,000 -620,000 -709,000 -600,000 -110,000 -592,000 -974,000 -1,384,000 -1,180,000 -1,266,000 -1,807,000 -1,406,000 -883,000 -350,000 -143,000 -91,000 -50,000 45,000 -12,000 -55,000 -66,000   
          income from unconsolidated real estate venture
        		-1,664,000 -1,563,000 -1,556,000 -1,840,000 -1,822,000 -1,684,000 -1,575,000 -1,377,000 -1,415,000 -1,332,000 -1,346,000 -1,418,000 -1,402,000 -1,088,000 -830,000 -825,000 -631,000                             
          amortization of above- / below-market leases
        		-435,000 -402,000 -421,000 -488,000 -518,000 -471,000 -390,000 -480,000 -594,000 -678,000 -676,000 -676,000 -700,000 -732,000 -769,000 -744,000 -860,000 -1,020,000 -1,058,000 -1,225,000 -1,286,000 -1,395,000 -1,451,000 -1,527,000 -1,521,000 -1,559,000 -1,517,000 -1,515,000 -1,729,000 -1,856,000 -2,219,000 -2,239,000 -2,279,000 -2,234,000 -2,065,000 -2,106,000 -2,112,000 -1,928,000 -1,816,000 -1,711,000 -1,698,000 -1,507,000    
          amortization of unearned revenue
        		-3,704,000 -2,221,000 -1,892,000 -1,863,000 -1,762,000 -1,762,000 -1,762,000 -1,759,000 -1,604,000 -1,571,000 -1,572,000 -1,622,000 -1,484,000 -1,484,000 -1,472,000 -1,443,000 -1,398,000 -1,399,000 -1,398,000 -1,398,000 -1,421,000 -1,390,000 -744,000 -697,000 -697,000 -697,000 -176,000 -67,000 -67,000 -67,000 -75,000 -26,000 -26,000 -24,000 -27,000 -28,000 -27,000 -28,000 -27,000 -27,000 -23,000     
          amortization of loan premium / discount
        		-4,000 -5,000 -5,000 -5,000 -6,000 -6,000 -117,000 -277,000 -275,000 -278,000 -277,000 -273,000 -270,000 -278,000 -281,000 -278,000 -285,000 -233,000 -19,000 -19,000 -19,000 -19,000 -20,000 -19,000 -20,000 -20,000 -20,000 -20,000 -20,000 -20,000 -20,000 -21,000 -21,000 -21,000 -22,000 -21,000 -21,000 -21,000 -21,000 -22,000 -21,000 -22,000 -21,000   
          amortization of deferred financing costs
        		943,000 938,000 941,000 791,000 757,000 757,000 781,000 923,000 582,000 550,000 541,000 517,000 514,000 518,000 516,000 513,000 509,000 495,000 399,000 383,000 382,000 382,000 380,000 379,000 378,000 378,000 350,000 343,000 342,000 341,000 333,000 320,000 285,000 333,000 332,000 265,000 251,000 250,000 217,000 216,000 216,000 215,000 212,000 213,000 116,000 
          amortization of lease inducements
        		399,000 516,000 613,000 606,000 329,000 328,000 280,000 258,000 258,000 258,000 253,000 215,000 216,000 216,000 212,000 216,000 212,000 217,000 217,000 216,000 214,000 227,000 230,000 224,000 207,000                     
          amortization of real estate loans receivable origination fees
        		-36,000                                             
          amortization of treasury lock settlement
        		69,000 70,000 69,000 70,000 8,000                                         
          distributions from investment in unconsolidated real estate venture
        		2,315,000 3,367,000 5,544,000 5,874,000 3,795,000 1,050,000 3,808,000 4,172,000 3,079,000 1,207,000 3,155,000 3,712,000 2,158,000 1,002,000 2,063,000 1,550,000 1,819,000                             
          non-cash compensation
        		2,097,000 1,596,000 1,633,000 1,395,000 1,421,000 1,000,000 -181,000 1,160,000 1,229,000 1,122,000 1,658,000 1,299,000 1,668,000 1,645,000 1,625,000 1,637,000 1,629,000 1,350,000 1,333,000 1,033,000 1,334,000 1,037,000 1,035,000 1,021,000 1,000,000 2,764,000 714,000 697,000 734,000 732,000 731,000 712,000 864,000 748,000 748,000 740,000 727,000 741,000 742,000 723,000 699,000     
          provision for (recovery of) credit losses
        		196,000 30,000 302,000                                           
          net change in:
        		                                             
          tenant accounts receivable
        		-19,272,000 14,335,000 10,449,000 -4,376,000 617,000 -784,000 2,137,000 -4,364,000 1,339,000 -3,581,000 1,162,000 -1,488,000 734,000 -670,000 -2,168,000 1,477,000 1,235,000 -5,458,000 -2,436,000 -1,517,000 736,000                         
          prepaid expenses and other assets
        		-1,652,000 -4,183,000 -6,193,000 1,277,000 -3,312,000 690,000 -825,000 3,618,000 -6,458,000 -842,000 -3,122,000 2,715,000 -4,313,000 -231,000 -1,088,000 3,218,000 -4,728,000 1,767,000 2,697,000 -656,000 -6,931,000 593,000 -1,292,000 7,805,000 -17,336,000 533,000 -492,000 1,311,000 -4,443,000 -1,058,000 98,000 625,000 -2,613,000 40,000 66,000 207,000 -1,905,000 423,000 113,000 515,000 -964,000 -140,000 -262,000 40,000 -417,000 
          real estate loan interest receivable
        		-63,000 -831,000 -268,000 -726,000 -931,000 -792,000                                        
          deferred revenue associated with operating leases
        		14,535,000 893,000 103,762,000 2,182,000 -875,000 972,000 18,024,000 25,646,000 510,000 105,000 -183,000 5,675,000 55,000 -716,000 1,225,000 1,289,000 175,000 -204,000 15,000 -217,000 963,000 -209,000 21,192,000 -184,000 20,646,000                     
          principal payments on operating lease obligations
        		-182,000 -157,000 -175,000 -172,000 -172,000 -171,000 -169,000 -166,000 -166,000 -128,000 -151,000 -91,000 -127,000 -285,000 -119,000 -100,000 -95,000                             
          principal repayment of sales-type lease
        		64,000                                             
          accounts payable, accrued expenses and other liabilities
        		1,101,000 -5,566,000 9,797,000 3,474,000 -3,399,000 -4,931,000 8,801,000 1,427,000 -422,000 -4,196,000 11,421,000 1,367,000 -2,456,000 -4,302,000 8,086,000 808,000 -4,910,000 -2,344,000 8,480,000 4,183,000 3,238,000 -9,825,000 5,489,000 2,792,000 8,802,000                     
          net cash from operating activities
        		27,335,000 41,931,000 154,965,000 38,111,000 24,187,000 24,553,000 57,174,000 57,017,000 23,891,000 17,534,000 37,893,000 37,427,000 21,625,000 22,158,000 39,429,000 40,242,000 24,112,000 23,885,000 37,742,000 30,705,000 26,012,000 36,572,000 33,031,000 37,049,000 38,545,000 22,938,000 80,944,000 24,457,000 13,976,000 13,687,000 20,481,000 16,501,000 12,113,000 6,407,000 18,280,000 13,819,000 10,725,000 11,151,000 15,184,000 11,167,000 9,875,000 11,179,000 11,758,000   
          capital expenditures
        		0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0   
          free cash flows
        		27,335,000 41,931,000 154,965,000 38,111,000 24,187,000 24,553,000 57,174,000 57,017,000 23,891,000 17,534,000 37,893,000 37,427,000 21,625,000 22,158,000 39,429,000 40,242,000 24,112,000 23,885,000 37,742,000 30,705,000 26,012,000 36,572,000 33,031,000 37,049,000 38,545,000 22,938,000 80,944,000 24,457,000 13,976,000 13,687,000 20,481,000 16,501,000 12,113,000 6,407,000 18,280,000 13,819,000 10,725,000 11,151,000 15,184,000 11,167,000 9,875,000 11,179,000 11,758,000   
          cash flows from investing activities
        		                                             
          real estate acquisitions and deposits
        		-43,195,000 -618,000 -34,582,000 -137,540,000 -7,307,000 -114,621,000 -15,249,000 -57,603,000 -612,000 -62,455,000 -1,064,000 -17,000 124,000 0 -14,966,000 -78,273,000 -498,000 -99,234,000 -22,403,000 -29,992,000 -63,045,000 -102,572,000 -28,670,000 -71,132,000 -30,305,000 -67,522,000 -69,393,000 -109,314,000 -148,251,000 -74,916,000 -307,077,000 -20,250,000 -326,000 -50,022,000 -93,074,000 -205,524,000 -43,968,000 -28,316,000 -10,607,000 -95,446,000 -34,350,000 -117,763,000    
          additions to operating properties
        		-5,538,000 -9,163,000 -9,282,000 -7,088,000 -8,598,000 -6,461,000 -9,385,000 -11,689,000 -7,906,000 -7,975,000 -8,063,000 -4,349,000 -7,756,000 -6,440,000 -5,237,000 -5,616,000 -5,275,000 -3,849,000 -4,497,000 -3,945,000 -5,628,000 -5,056,000 -4,145,000 -4,239,000 -4,570,000 -2,569,000 -2,455,000 -1,277,000 -895,000 -1,627,000 -1,639,000 -1,535,000 -890,000 -1,727,000 -1,320,000 -777,000 -124,000 -634,000        
          additions to development properties
        		-17,770,000 -18,453,000 -22,074,000 -15,240,000 -20,793,000 -36,732,000 -36,293,000 -30,059,000 -12,945,000 -8,022,000 -829,000 -6,025,000 -2,944,000 -3,546,000 -3,855,000 -3,984,000 -965,000 -939,000 -760,000 -1,095,000 -3,423,000 -4,746,000 -8,915,000 -10,923,000 -18,417,000 -15,736,000 -11,028,000 -15,036,000 -18,808,000 -19,592,000 -17,766,000 -10,715,000 -10,410,000 -4,317,000 -1,649,000 -3,832,000 -79,000 -119,000        
          investments in real estate loans receivable
        		-6,930,000                                             
          net cash from investing activities
        		-73,433,000 -27,726,000 -65,632,000 -146,688,000 -45,239,000 -158,398,000 -124,963,000 -101,381,000 -24,903,000 -78,349,000 -27,692,000 -10,391,000 -10,576,000 120,210,000 -42,285,000 -118,567,000 -28,461,000 -235,590,000 -23,650,000 -31,706,000 -72,096,000 -108,859,000 -41,730,000 -86,294,000 -53,292,000 -85,827,000 -82,876,000 -105,684,000 -167,954,000 -96,135,000 -326,482,000               
          cash flows from financing activities
        		                                             
          payment of deferred financing costs
        		 -48,000 -2,336,000 -210,000 -2,302,000 -21,000 -423,000 -7,067,000 -350,000         -1,731,000 -3,494,000       -108,000    -266,000 -138,000   -42,000 -173,000 -3,207,000 -18,000 -107,000    -126,000 0 -18,000 -3,379,000 
          issuance of common shares
        		2,167,000 0 16,982,000 5,368,000 41,270,000 28,395,000 35,432,000   0 34,058,000 0 52,414,000 0 0 0 9,504,000 85,015,000 50,511,000 0 40,403,000 18,822,000 33,880,000 104,438,000 4,883,000 31,961,000 68,541,000 26,883,000 131,171,000 0 0 284,136,000 13,669,000 19,141,000 105,304,000       0 0 0 193,545,000 
          credit facility draws
        		99,250,000 68,150,000 58,350,000 160,500,000 55,500,000 264,000,000 200,050,000 80,500,000 73,000,000 97,500,000 47,000,000 33,000,000 20,750,000 30,000,000 43,500,000 125,250,000 32,000,000 306,750,000 34,250,000 45,250,000 80,000,000 89,250,000 67,000,000 60,000,000 56,500,000 0 50,000,000 108,250,000 178,750,000 105,500,000 38,500,000 15,000,000 4,000,000 53,000,000 0 42,250,000 65,750,000 35,000,000 8,500,000 13,750,000 30,000,000 104,250,000 16,750,000 2,500,000 30,917,000 
          credit facility repayments
        		-53,250,000 -40,000,000 -165,000,000 -38,000,000 -175,000,000 -139,000,000 -123,000,000 -152,500,000 -7,500,000 -18,500,000 -100,000,000 -29,500,000 -36,750,000 -142,250,000 -8,500,000 -17,500,000 -11,500,000 -404,750,000 -59,000,000 -17,000,000 -50,250,000 -10,000,000 -67,000,000 -96,000,000 -20,500,000 0 -312,000,000 -30,750,000 -129,000,000 -3,750,000 -5,500,000 -113,750,000 -5,000,000 -12,500,000 -8,750,000 -132,417,000 -119,750,000         
          issuance of notes payable
        		 0 0 0 125,000,000 0 50,000,000                   0        0 0           
          treasury lock settlement
        		 0 0 0 -1,945,000                                         
          repayments of mortgage notes payable
        		-1,190,000 -1,177,000 -1,156,000 -1,138,000 -1,127,000 -1,115,000 -52,593,000 -9,473,000 -1,117,000 -1,090,000 -1,100,000 -1,068,000 -16,744,000 -6,957,000 -1,314,000 -1,328,000 -1,300,000 -1,285,000 -1,062,000 -946,000 -940,000 -929,000 -887,000 -878,000 -870,000 -861,000 -852,000 -842,000 -836,000 -826,000 -803,000 -797,000 -763,000 -756,000 -748,000           
          dividends and distributions paid
        		-21,810,000 -21,708,000 -21,330,000 -21,312,000 -30,240,000 -29,526,000 -28,855,000 -28,842,000 -28,686,000 -28,605,000 -28,155,000 -28,155,000 -27,464,000 -27,381,000 -27,380,000 -27,380,000 -27,035,000 -25,888,000 -25,329,000 -24,591,000 -24,186,000 -23,864,000 -23,481,000 -22,317,000 -22,086,000 -21,787,000 -21,398,000 -20,276,000 -18,433,000 -18,415,000 -18,345,000 -14,772,000 -14,424,000 -13,697,000 -12,919,000 -11,515,000 -11,049,000 -11,049,000 -10,244,000 -10,244,000 -8,757,000 -8,756,000 -8,355,000   
          payment of offering costs
        		-22,000 0 -185,000 -69,000 -419,000 -291,000 -354,000 -99,000 -172,000 0 -341,000 0 -56,000 0 0 -11,000 -125,000 -11,000 -898,000 -92,000 -473,000 -197,000 -356,000 -1,188,000 -122,000 -374,000 -785,000 -442,000 -5,454,000 0 -238,000 -10,893,000 -190,000 -242,000 -4,198,000   -88,000 -196,000   0 0 -207,000 -1,755,000 
          net cash from financing activities
        		25,145,000 5,217,000 -89,175,000 105,139,000 10,737,000 122,442,000 79,757,000 15,501,000 35,175,000 49,305,000 1,462,000 -25,723,000 -7,850,000 -146,588,000 6,306,000 79,031,000 1,544,000 208,100,000 -5,022,000 2,540,000 44,554,000 73,082,000 9,156,000 44,055,000 17,805,000 8,831,000 56,618,000 82,823,000 156,198,000 82,243,000 163,476,000 155,854,000 -2,708,000 44,904,000 78,516,000 198,732,000 34,201,000 18,619,000 -3,505,000 83,829,000 20,540,000 110,417,000 7,804,000 -2,689,000 -4,191,000 
          net decrease in cash and cash equivalents and restricted cash
        		-20,953,000                -2,805,000                             
          cash and cash equivalents and restricted cash, beginning of period
        		33,631,000  0 0 27,804,000  0 0 21,939,000  0 0 17,274,000  0 0 20,143,000  0 0 14,669,000  0 0 15,549,000  0 0 11,105,000  0 0 16,201,000             
          cash and cash equivalents and restricted cash, end of period
        		12,678,000  158,000 -3,438,000 17,489,000  11,968,000 -28,863,000 56,102,000  11,663,000 1,313,000 20,473,000  3,450,000 706,000 17,338,000  9,070,000 1,539,000 13,139,000  457,000 -5,190,000 18,607,000  54,686,000 1,596,000 13,325,000  -142,525,000 139,855,000 13,980,000             
          supplemental disclosure of cash flow information
        		                                             
          cash paid for interest
        		18,522,000                                             
          supplemental disclosure of non-cash information
        		                                             
          additions to operating properties accrued, not paid
        		4,884,000                                             
          additions to development properties accrued, not paid
        		19,279,000                                             
          deferred financing costs accrued, not paid
        		                                             
          offering costs accrued, not paid
        		3,000 0                                            
          deferred asset acquisition costs accrued, not paid
        		39,000 -19,000                                            
          unrealized gain on treasury locks and interest rate swaps
        		2,094,000                                             
          recognition of operating lease right-of-use assets
        		859,000                                             
          recognition of liabilities related to operating lease right-of-use assets
        		1,321,000                                             
          exchange of common units for shares of common stock
        		                                             
          non-controlling interest in operating partnership
        		-899,000 -5,643,000                                            
          additional paid-in capital
        		899,000 5,641,000                                            
          total
        		                                             
          amortization of real estate loan origination fees
        		                                             
          gain on the sale of real estate
        		                                             
          impairment loss
        		 0            0                                
          proceeds from sale of operating properties
        		                                             
          investment in unconsolidated real estate venture
        		     0    0    -72,594,000 -18,532,000 -30,998,000 -21,723,000                             
          repayments of real estate loan receivable
        		 681,000                                            
          investment in real estate loan receivable
        		 -173,000   -8,541,000 -2,757,000                                        
          term loan draws
        		         0                    0    0 0 0 100,000,000         
          term loan repayments
        		     0 -500,000                                       
          net increase in cash and cash equivalents and restricted cash
        		 19,422,000 158,000 -3,438,000 -10,315,000 -11,403,000 11,968,000 -28,863,000 34,163,000 -11,510,000 11,663,000 1,313,000 3,199,000 -4,220,000 3,450,000   -3,605,000 9,070,000 1,539,000 -1,530,000 795,000 457,000 -5,190,000 3,058,000 -54,058,000 54,686,000 1,596,000 2,220,000 -205,000 -142,525,000 139,855,000 -2,221,000             
          cash and cash equivalents and restricted cash, beginning of year
        		                                             
          cash and cash equivalents and restricted cash, end of year
        		                                             
          cash paid for interest, net of capitalized interest
        		                                             
          capitalized interest
        		                                             
          non-cash investing and financing activities:
        		                                             
          deferred financing accrued, not paid
        		                                             
          unrealized loss on treasury locks and interest rate swaps
        		 81,000                                            
          properties acquired for common units
        		                                             
          contingent consideration accrued, not received
        		                                             
          right-of-use asset and liability adjustment due to remeasurement
        		                                             
          common stock
        		 2,000                                            
          amortization of real estate loan receivable origination fees
        		  -36,000 -37,000 -36,000                                         
          proceeds from sale of operating property
        		                  4,010,000       0 0                   
          term loan proceeds
        		                                             
          repayment of (investment in) real estate loan receivable
        		                                             
          recovery of credit losses
        		    -238,000                                         
          provision for credit losses
        		     49,000 1,260,000                                       
          investment in loan receivable
        		       -2,030,000 -3,440,000                                     
          gain on the sale of operating properties
        		                                             
          other
        		                 5,000 62,000 -3,000 10,000 33,000                    692,000 663,000 457,000 55,000 
          loss on the sale of operating properties
        		                                             
          gain on the sale of operating property
        		                  -777,000                           
          loss on the sale of operating property
        		                                             
          rents receivable
        		                     20,176,000 -19,445,000 -1,068,000 1,252,000 -1,561,000 -218,000 -1,568,000 -1,361,000 -2,325,000 -2,146,000 751,000 991,000 -1,693,000 -522,000 12,000 775,000 -962,000 -423,000 -264,000 -253,000 -714,000 506,000 -802,000 -3,858,000 
          accounts receivable
        		                     -1,404,000 45,000 1,126,000 1,069,000 -26,000 -2,427,000 283,000 -1,960,000 -2,504,000 -988,000 1,713,000 -564,000 -1,815,000 -786,000 -1,006,000 83,000 -1,687,000 -427,000 123,000 -912,000 -63,000 -92,000 464,000 -640,000 
          gain on sale of operating property
        		                          0                   
          deferred revenue
        		                         -722,000                    
          accounts payable and accrued liabilities
        		                         -885,000 8,623,000 2,372,000 1,484,000 113,000 7,356,000 -375,000 834,000 -4,141,000 6,372,000 1,631,000 -1,313,000 522,000 3,511,000 -542,000 871,000 2,434,000 2,039,000 -679,000 2,297,000 
          borrowings on mortgage notes payable
        		                                             
          issuance of mortgage notes payable
        		                                  0           
          net cash (used in) investing activities
        		                                -11,626,000 -45,180,000 -96,350,000 -211,687,000 -44,530,000 -29,283,000 -11,025,000 -95,672,000 -34,211,000 -117,886,000 -18,505,000 -14,208,000 -13,953,000 
          contributions to investments
        		                                         0 0 0 -257,000 
          net unrealized loss on investments
        		                                             
          cash assumed in formation
        		                                         0 0 0 6,187,000 
          restricted cash
        		                                 347,000 -307,000 -1,554,000 -359,000 -214,000 125,000 -36,000 215,000 74,000 -281,000 56,000 53,000 
          repurchase of initial shares
        		                                         0 0 0 -1,000 
          proceeds from private placement
        		                                         0 0 0 75,638,000 
          debt payoff
        		                                         0 0 0 -293,381,000 
          distributions
        		                                         0 0 0 -5,441,000 
          net increase in cash and cash equivalents
        		                                 6,131,000 446,000 864,000 396,000     3,710,000    
          cash and cash equivalents, beginning of year
        		                                             
          cash and cash equivalents, end of year
        		                                             
          cash and cash equivalents, beginning of period
        		                                  0 0 4,845,000  0 0 8,176,000  0 0 31,437,000 
          cash and cash equivalents, end of period
        		                                  446,000 864,000 5,241,000  654,000 -676,000 4,380,000  1,057,000 -8,513,000 11,922,000 
          repayments of mortgage payable
        		                                    -732,000 -726,000 -717,000 -711,000 -703,000 -651,000 -591,000 -587,000 -334,000 
          purchase of investments
        		                                             
          deposits for potential new investments
        		                                             
          distributions from investments
        		                                             
          net realized gain on investments
        		                                             
          net unrealized (gain) loss on investments
        		                                             
          borrowings on mortgage payable
        		                                             
          contributions
        		                                             
          issuance of shares of common stock
        		                                             
          net (decrease) in cash and cash equivalents
        		                                      654,000 -676,000 -3,796,000     
          additions to real estate property
        		                                       -190,000 -76,000 -197,000 -124,000 -106,000 -26,000 
          net unrealized gain on investments
        		                                          0 0 5,122,000 
          amortization of above / below market leases
        		                                             
          real estate acquisitions
        		                                             
          net decrease in cash and cash equivalents
        		                                           -8,513,000 -19,515,000 
          adjustments to reconcile net income to net cash (used in) operating activities
        		                                             
          net cash (used in) operating activities
        		                                            -1,371,000 
          deposits on acquisitions
        		                                            -20,167,000 
          cash flows from operating activities:
        		                                             
          net increase in capital resulting from operations
        		                                             
          adjustments to reconcile net increase in capital resulting from operations to net cash from operating activities:
        		                                             
          other assets
        		                                             
          cash flows from financing activities:
        		                                             
          members’ capital
        		                                             
          payment of dividends to preferred stockholders
        		                                             
          contributions from members/partners
        		                                             
          distributions to members/partners
        		                                             
          contributions from non-controlling interests
        		                                             
          distributions to non-controlling interests
        		                                             
          deferred offering
        		                                             
          deferred financing
        		                                             
          net (decrease)/increase in cash and cash equivalents
        		                                             
          cash and cash equivalents
        		                                             
          applied deposit of investments made in 2011
        		                                             
          deferred offering accrued, not paid
        		                                             
          1.