Quarterly
Annual
| Unit: USD | 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 | 2017-12-31 | 2017-09-30 | 2017-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenues: | |||||||||||||||||||||||||||||||||
rental | 64,292,000 | 62,866,000 | 71,697,000 | 76,717,000 | 76,052,000 | 79,253,000 | 74,914,000 | 78,615,000 | 77,286,000 | 75,919,000 | 75,529,000 | 69,923,000 | 70,345,000 | 69,995,000 | 64,114,000 | 58,943,000 | 53,856,000 | 48,867,000 | 42,885,000 | 37,093,000 | 34,327,000 | 24,346,000 | 21,130,000 | 18,613,000 | 11,198,000 | 8,280,000 | 6,576,000 | 4,703,000 | 3,716,000 | 3,246,000 | 1,495,000 | 1,289,000 | |
other | 393,000 | 25,000 | 25,000 | 27,000 | 474,000 | 540,000 | 540,000 | 541,000 | 540,000 | 538,000 | 538,000 | 538,000 | 538,000 | 516,000 | |||||||||||||||||||
total revenues | 64,685,000 | 62,891,000 | 71,722,000 | 76,744,000 | 76,526,000 | 79,793,000 | 75,454,000 | 79,156,000 | 77,826,000 | 76,457,000 | 76,067,000 | 70,461,000 | 70,883,000 | 70,511,000 | 64,504,000 | 58,943,000 | 53,856,000 | 48,867,000 | 42,885,000 | 37,093,000 | 34,327,000 | 24,346,000 | 21,130,000 | 17,672,000 | 11,555,000 | 8,617,000 | 6,823,000 | 4,783,000 | 3,926,000 | 3,314,000 | 1,559,000 | 1,289,000 | |
expenses: | |||||||||||||||||||||||||||||||||
property expenses | 7,951,000 | 6,867,000 | 7,379,000 | 7,605,000 | 7,295,000 | 6,863,000 | 6,709,000 | 7,193,000 | 6,318,000 | 5,759,000 | 5,623,000 | 3,288,000 | 2,823,000 | 2,427,000 | 1,982,000 | 1,826,000 | 1,365,000 | 482,000 | 770,000 | 1,019,000 | 2,919,000 | 414,000 | 600,000 | 374,000 | 357,000 | 337,000 | 247,000 | 80,000 | 210,000 | 68,000 | 64,000 | ||
general and administrative expense | 8,681,000 | 8,626,000 | 8,461,000 | 8,891,000 | 9,330,000 | 9,661,000 | 9,562,000 | 10,908,000 | 10,981,000 | 10,570,000 | 10,373,000 | 10,232,000 | 10,804,000 | 8,707,000 | 8,777,000 | 6,450,000 | 5,307,000 | 5,604,000 | 5,600,000 | 4,487,000 | 3,339,000 | 3,010,000 | 3,346,000 | 3,151,000 | 2,156,000 | 2,593,000 | 1,918,000 | 1,982,000 | 1,442,000 | 1,474,000 | |||
depreciation and amortization expense | 18,639,000 | 18,500,000 | 18,391,000 | 18,240,000 | 17,944,000 | 17,473,000 | 17,150,000 | 17,098,000 | 16,678,000 | 16,704,000 | 16,714,000 | 16,302,000 | 15,900,000 | 15,233,000 | 13,868,000 | ||||||||||||||||||
impairment loss on real estate | 3,527,000 | ||||||||||||||||||||||||||||||||
total expenses | 35,271,000 | 33,993,000 | 37,758,000 | 34,736,000 | 34,569,000 | 33,997,000 | 33,421,000 | 35,199,000 | 33,977,000 | 33,033,000 | 32,710,000 | 29,822,000 | 29,527,000 | 26,367,000 | 24,627,000 | 20,481,000 | 17,563,000 | 15,927,000 | 15,209,000 | 14,232,000 | 13,904,000 | 10,170,000 | 8,853,000 | 7,070,000 | 4,734,000 | 4,545,000 | 3,383,000 | 2,976,000 | 2,355,000 | 2,078,000 | 1,264,000 | 1,754,000 | |
gain on sale of real estate | -3,449,000 | ||||||||||||||||||||||||||||||||
income from operations | 29,414,000 | 28,898,000 | 33,964,000 | 42,008,000 | 41,957,000 | 42,347,000 | 42,033,000 | 43,957,000 | 43,849,000 | 43,424,000 | 43,357,000 | 44,240,000 | 41,356,000 | 44,144,000 | 39,877,000 | 38,462,000 | 36,293,000 | 32,940,000 | 27,676,000 | 22,861,000 | 20,423,000 | 14,176,000 | 12,277,000 | 3,583,250 | 6,821,000 | 4,072,000 | 3,440,000 | -465,000 | |||||
yoy | -29.89% | -31.76% | -19.20% | -4.43% | -4.31% | -2.48% | -3.05% | -0.64% | 6.03% | -1.63% | 8.73% | 15.02% | 13.95% | 34.01% | 44.09% | 68.24% | 77.71% | 132.36% | 125.43% | 538.00% | 199.41% | 248.13% | 256.89% | ||||||||||
qoq | 1.79% | -14.92% | -19.15% | 0.12% | -0.92% | 0.75% | -4.38% | 0.25% | 0.98% | 0.15% | -2.00% | 6.97% | -6.32% | 10.70% | 3.68% | 5.98% | 10.18% | 19.02% | 21.06% | 11.94% | 44.07% | 15.47% | 242.62% | -47.47% | 67.51% | 18.37% | |||||||
operating margin % | |||||||||||||||||||||||||||||||||
interest and other income | 4,416,000 | 1,821,000 | 2,075,000 | 2,317,000 | 2,233,000 | 1,784,000 | 773,000 | 581,000 | 57,000 | 72,000 | 110,000 | 91,000 | 124,000 | 338,000 | 653,000 | 989,000 | 1,444,000 | 1,144,000 | 1,537,000 | 1,172,000 | 859,000 | 261,000 | 306,000 | ||||||||||
interest expense | -4,525,000 | -4,444,000 | -4,500,000 | -4,536,000 | -4,427,000 | -4,320,000 | -4,389,000 | -4,145,000 | -4,330,000 | -4,472,000 | -4,520,000 | -4,518,000 | -4,513,000 | -4,504,000 | -4,766,000 | -6,212,000 | -6,309,000 | -3,692,000 | -1,873,000 | -1,866,000 | -1,861,000 | -1,855,000 | -1,849,000 | -1,844,000 | -1,838,000 | -1,832,000 | -792,000 | ||||||
net income | 29,305,000 | 26,024,000 | 31,077,000 | 40,025,000 | 40,215,000 | 41,993,000 | 39,428,000 | 41,633,000 | 41,594,000 | 41,269,000 | 41,092,000 | 41,506,000 | 37,616,000 | 40,214,000 | 35,050,000 | 28,630,000 | 30,094,000 | 29,339,000 | 25,927,000 | 21,333,000 | 19,215,000 | 13,310,000 | 11,872,000 | 3,393,250 | 6,520,000 | 3,412,000 | 3,641,000 | -422,000 | |||||
yoy | -27.13% | -38.03% | -21.18% | -3.86% | -3.32% | 1.75% | -4.05% | 0.31% | 10.58% | 2.62% | 17.24% | 44.97% | 25.00% | 37.07% | 35.19% | 34.21% | 56.62% | 120.43% | 118.39% | 528.69% | 194.71% | 290.09% | 226.06% | ||||||||||
qoq | 12.61% | -16.26% | -22.36% | -0.47% | -4.23% | 6.51% | -5.30% | 0.09% | 0.79% | 0.43% | -1.00% | 10.34% | -6.46% | 14.73% | 22.42% | -4.86% | 2.57% | 13.16% | 21.53% | 11.02% | 44.37% | 12.11% | 249.87% | -47.96% | 91.09% | -6.29% | |||||||
net income margin % | |||||||||||||||||||||||||||||||||
preferred stock dividends | -1,017,000 | -878,000 | -781,000 | -564,000 | -564,000 | -338,000 | -338,000 | -338,000 | -338,000 | -338,000 | -338,000 | -338,000 | -338,000 | -338,000 | -338,000 | -338,000 | -338,000 | -338,000 | -338,000 | ||||||||||||||
net income attributable to common stockholders | 28,288,000 | 25,146,000 | 30,296,000 | 39,461,000 | 39,651,000 | 41,655,000 | 39,090,000 | 41,295,000 | 41,256,000 | 40,931,000 | 40,754,000 | 41,168,000 | 37,278,000 | 39,876,000 | 34,712,000 | 28,292,000 | 29,756,000 | 29,001,000 | 25,589,000 | 20,995,000 | 18,877,000 | 12,972,000 | 11,534,000 | 3,139,750 | 6,182,000 | 3,074,000 | |||||||
net income attributable to common stockholders per share | |||||||||||||||||||||||||||||||||
basic | 0.99 | 0.87 | 1.05 | 1.37 | 1.38 | 1.45 | 1.37 | 1.46 | 1.46 | 1.45 | 1.45 | 1.47 | 1.33 | 1.42 | 1.35 | 1.18 | 1.24 | 1.21 | 1.07 | 0.93 | 0.87 | 0.73 | 0.72 | 0.305 | 0.56 | 0.31 | |||||||
diluted | 0.97 | 0.86 | 1.03 | 1.36 | 1.37 | 1.44 | 1.36 | 1.45 | 1.45 | 1.44 | 1.43 | 1.46 | 1.32 | 1.42 | 1.32 | 1.14 | 1.2 | 1.17 | 1.05 | 0.94 | 0.86 | 0.73 | 0.72 | 0.3 | 0.55 | 0.3 | |||||||
weighted-average shares outstanding: | |||||||||||||||||||||||||||||||||
basic | 27,912,881 | 27,924,092 | 28,275,549 | 28,226,402 | 28,254,565 | 28,250,843 | 28,145,017 | 27,977,807 | 27,983,004 | 27,981,517 | 27,949,747 | 27,345,047 | 27,938,568 | 27,850,561 | 25,620,253 | 23,903,017 | 23,890,537 | 23,889,761 | 23,889,398 | 19,443,602 | 21,594,637 | 17,530,721 | 15,784,296 | 10,546,016,000 | 10,918,477 | 9,667,079 | 9,664,775 | 7,138,952,000 | 6,636,638,000 | 6,635,651,000 | |||
diluted | 28,303,600 | 28,317,693 | 28,588,022 | 28,530,650 | 28,579,687 | 28,572,138 | 28,461,986 | 28,255,797 | 28,265,605 | 28,257,239 | 28,223,698 | 27,663,169 | 28,157,934 | 28,036,690 | 26,340,224 | 26,261,155 | 26,260,704 | 26,168,682 | 26,152,551 | 19,557,619 | 21,708,725 | 17,644,829 | 15,898,091 | 10,684,068,000 | 11,057,697 | 9,807,503 | 9,797,676 | 7,285,801,000 | 6,785,800,000 | 6,783,674,000 | |||
interest income | 1,570,000 | 1,613,000 | 2,553,000 | 2,685,000 | 3,966,000 | 1,784,000 | 993,000 | ||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||
gain on exchange of exchangeable senior notes | 22,000 | ||||||||||||||||||||||||||||||||
loss on exchange of exchangeable senior notes | -7,000 | -118,000 | |||||||||||||||||||||||||||||||
other revenue | 390,000 | ||||||||||||||||||||||||||||||||
depreciation expense | 7,392,750 | 10,891,000 | 9,841,000 | 8,839,000 | 8,726,000 | 7,646,000 | 6,746,000 | 4,907,000 | 3,545,000 | 2,221,000 | 1,615,000 | 1,218,000 | 914,000 | 703,000 | 536,000 | ||||||||||||||||||
preferred stock dividend | -253,500 | -338,000 | -338,000 | -338,000 | -338,000 | -338,000 | -338,000 | -338,000 | 2,366,000 | -338,000 | -338,000 | ||||||||||||||||||||||
tenant reimbursements | 235,250 | 357,000 | 337,000 | 247,000 | 80,000 | 210,000 | 68,000 | 64,000 | |||||||||||||||||||||||||
dividends declared per common share | 0.6 | 212.5 | 350 | 250 | 150 | 0.15 | |||||||||||||||||||||||||||
net income available to common stockholders | 3,303,000 | ||||||||||||||||||||||||||||||||
net income available to common stockholders per share | |||||||||||||||||||||||||||||||||
basic | 0.34 | ||||||||||||||||||||||||||||||||
diluted | 0.33 | ||||||||||||||||||||||||||||||||
severance expense | |||||||||||||||||||||||||||||||||
income / (loss) from operations | 1,807,000 | 1,571,000 | 1,236,000 | 295,000 | |||||||||||||||||||||||||||||
net income / | 2,666,000 | 1,832,000 | 1,542,000 | 334,000 | |||||||||||||||||||||||||||||
net income / (loss) attributable to common stockholders | 2,328,000 | 1,494,000 | 1,204,000 | ||||||||||||||||||||||||||||||
basic | 260 | 220 | 180 | ||||||||||||||||||||||||||||||
diluted | 260 | 210 | 170 | ||||||||||||||||||||||||||||||
general and administrative | 983,000 | 1,466,000 | |||||||||||||||||||||||||||||||
severance | 113,000 | ||||||||||||||||||||||||||||||||
depreciation | 217,000 | 175,000 | |||||||||||||||||||||||||||||||
other income | 39,000 | 43,000 | |||||||||||||||||||||||||||||||
weighted-average shares outstanding: | |||||||||||||||||||||||||||||||||
basic and diluted | 3,375,284 | 3,392,508,000 | 3,364,948 | ||||||||||||||||||||||||||||||
net income per share | -0.13 |
The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.
