7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 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 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2013-09-30 2013-06-30 2013-03-31 2012-12-31 2012-09-30 2012-06-30 2012-03-31 2011-12-31 2011-09-30 2011-06-30 2011-03-31 2011-02-16 2010-03-31 2010-02-16 2010-02-16 
      
                                                                   
      revenues
                                                                   
      rental revenues and tenant expense reimbursements
    116,248,000 112,234,000 110,420,000 103,709,000 99,635,000 94,247,000 85,030,000 86,484,000 82,920,000 79,535,000 74,651,000 76,007,000 70,801,000 65,369,000 64,035,000 60,675,000 57,269,000 53,295,000 50,691,000 48,879,000 47,147,000 45,742,000 45,116,000 45,015,000 43,397,000 41,730,000 40,880,000                                     
      total revenues
    116,248,000 112,234,000 110,420,000 103,709,000 99,635,000 94,247,000 85,030,000 86,484,000 82,920,000 79,535,000 74,651,000 76,007,000 70,801,000 65,369,000 64,035,000 60,675,000 57,269,000 53,295,000 50,691,000 48,879,000 47,147,000 45,742,000 45,116,000 45,015,000 43,397,000 41,730,000 40,880,000 39,413,000 37,899,000 37,238,000 37,107,000 34,625,000 33,640,000 32,778,000 31,441,000 29,840,000 27,104,000 25,817,000 25,657,000 24,200,000 24,327,000 24,237,000 23,131,000 18,747,000 17,714,000 16,610,000 15,804,000 13,169,000 11,516,000 10,815,000 10,487,000 -18,944,000 9,066,000 7,599,000 6,606,000  4,777,000 345,000 12,000 12,000 12,000 345,000 345,000 
      costs and expenses
                                                                   
      property operating expenses
    28,232,000 27,908,000 28,767,000 27,829,000 25,599,000 23,772,000 20,890,000 21,649,000 20,469,000 18,586,000 18,381,000 19,083,000 17,140,000 15,804,000 16,876,000 15,365,000 14,200,000 13,171,000 13,512,000 13,026,000 12,228,000 11,934,000 11,908,000 11,808,000 10,991,000 10,709,000 10,693,000 10,296,000 9,486,000 10,313,000 9,893,000 9,852,000 9,023,000 8,452,000 8,547,000 8,181,000 7,288,000 7,102,000 7,754,000 6,923,000 6,405,000 6,197,000 7,130,000 5,172,000 4,773,000 4,394,000 4,822,000 3,630,000 3,289,000 3,008,000 2,990,000 -5,136,000 2,442,000 2,100,000 1,908,000  1,681,000 116,000 6,000 6,000 6,000 116,000 116,000 
      depreciation and amortization
    28,376,000 28,024,000 26,929,000 25,907,000 24,058,000 23,012,000 20,939,000 18,583,000 18,245,000 18,232,000 18,159,000 18,536,000 16,957,000 15,288,000 14,982,000 13,707,000 13,636,000 11,968,000 11,376,000 11,192,000 12,124,000 11,459,000 11,100,000 11,847,000 11,105,000 10,648,000 10,415,000 10,250,000 10,057,000 9,774,000 10,735,000 10,015,000 9,595,000 9,076,000 9,184,000 9,185,000 8,872,000 8,080,000 8,262,000 12,065,000 8,106,000 8,229,000 7,626,000 5,123,000 4,918,000 4,763,000 4,366,000 3,685,000 3,264,000 2,896,000 2,737,000 -4,920,000 2,482,000 1,918,000 1,825,000  1,377,000 185,000 15,000 15,000 15,000 185,000 185,000 
      general and administrative
    11,581,000 12,350,000 11,734,000 10,759,000 10,775,000 10,543,000 10,510,000 9,730,000 9,119,000 9,766,000 9,320,000 8,193,000 8,139,000 7,333,000 7,527,000 7,716,000 6,800,000 6,866,000 5,582,000 6,936,000 5,130,000 5,665,000 5,758,000 6,072,000 5,132,000 6,757,000 5,963,000 6,371,000 5,047,000 5,007,000 5,078,000 4,431,000 5,041,000 6,030,000 4,179,000 6,015,000 5,566,000 4,298,000 3,440,000 4,747,000 3,175,000 3,089,000 3,835,000 1,842,000 2,836,000 2,462,000 2,356,000 2,253,000 1,787,000 2,389,000 1,994,000 -785,000 1,606,000 1,886,000 1,415,000  1,040,000 1,701,000 620,000 620,000 620,000 1,701,000 1,701,000 
      acquisition costs and other
    97,000 229,000 2,000 25,000 11,000 36,000  92,000 51,000 27,000 48,000 374,000 36,000 1,027,000                                                  
      total costs and expenses
    68,286,000 68,511,000 67,432,000 64,520,000 60,443,000 57,363,000 52,339,000 50,054,000 47,884,000 46,611,000 45,908,000 46,186,000 42,272,000 39,452,000 39,413,000 36,788,000 34,636,000 32,122,000 30,525,000 31,239,000 29,605,000 29,069,000 28,818,000 29,724,000 27,275,000 28,115,000 27,071,000 26,912,000 24,712,000 25,099,000 25,708,000 24,297,000 23,659,000 23,568,000 21,911,000 24,371,000 22,422,000 19,964,000 20,415,000 24,797,000 17,905,000 17,729,000 21,809,000 14,105,000 12,806,000 12,230,000 12,426,000 11,005,000 9,131,000 8,906,000 8,178,000 -10,350,000 7,290,000 6,228,000 5,862,000  4,241,000 2,351,000 771,000 771,000 771,000 2,351,000 2,351,000 
      other income
                                                                5,000   
      interest and other income
    1,369,000 1,944,000 1,223,000 2,511,000 2,347,000 4,332,000 2,893,000 935,000 1,093,000 973,000 1,963,000 398,000 175,000 115,000 121,000 137,000 228,000 221,000 236,000 68,000 51,000 190,000 564,000 644,000 832,000 817,000 1,522,000 1,341,000 1,341,000 921,000 60,000 94,000 17,000 23,000 35,000 5,000  6,000 13,000 4,000 3,000 4,000 7,000  3,000 2,000 -5,000 3,000 97,000 3,000 6,000 28,000 33,000 2,000 1,000  -9,000 26,000 5,000 5,000  26,000 26,000 
      interest expense, including amortization
    -8,367,000 -7,037,000 -7,927,000 -5,261,000 -4,900,000 -5,520,000 -5,240,000 -5,707,000 -5,814,000 -5,900,000 -7,375,000 -7,457,000 -6,265,000 -5,047,000 -5,081,000 -5,207,000 -4,686,000 -4,016,000 -4,145,000 -4,195,000 -3,887,000 -3,909,000 -4,006,000 -4,069,000 -3,952,000 -4,053,000 -4,264,000 -4,494,000 -4,406,000 -4,626,000 -4,685,000 -4,691,000 -4,514,000 -3,806,000 -3,766,000 -3,642,000 -3,265,000 -3,076,000 -3,070,000 -3,095,000 -2,211,000 -2,159,000 -2,174,000 -1,869,000 -1,473,000 -1,661,000 -1,588,000 -1,604,000 -1,549,000 -1,540,000 -1,521,000 3,208,000 -1,604,000 -1,116,000 -1,012,000  -795,000 -108,000 -3,000 -3,000    
      gain on sales of real estate investments
    62,412,000 54,643,000 11,842,000 39,664,000   5,715,000 25,899,000  12,257,000  36,118,000  76,048,000  13,442,000 3,185,000    9,016,000 17,750,000  3,144,000 1,782,000  4,465,000 13,624,000  11,703,000 3,283,000 5,105,000 15,449,000 10,100,000   1,892,000  5,248,000 4,248,000  6,319,000                      
      total other income
    55,414,000 49,550,000 5,138,000 36,914,000 -2,553,000 -1,188,000 3,368,000 21,127,000 -4,721,000 7,330,000 -5,412,000 29,059,000 -6,090,000 71,116,000 -4,960,000 8,372,000 -1,273,000 -3,795,000 -3,909,000 -4,127,000 5,180,000 14,031,000 -3,442,000 -470,000 -1,338,000 -3,236,000 1,723,000                                     
      net income
    103,376,000 93,273,000 48,126,000 76,103,000 36,639,000 35,696,000 36,059,000 57,557,000 30,315,000 40,254,000 23,331,000 58,880,000 22,439,000 97,033,000 19,662,000 32,259,000 21,360,000 17,378,000 16,257,000 13,513,000 22,722,000 30,704,000 12,856,000 14,821,000 14,784,000 10,379,000 15,532,000 22,972,000 10,122,000 20,137,000 10,057,000 10,836,000 20,933,000 15,527,000 5,799,000 1,832,000 3,070,000 2,783,000 7,433,000 560,000 4,214,000 10,672,000 -845,000 2,774,000 3,438,000 2,721,000 1,785,000 3,701,000 1,325,000 822,000 794,000 -5,902,000 522,000           
      yoy
    182.15% 161.30% 33.46% 32.22% 20.86% -11.32% 54.55% -2.25% 35.10% -58.52% 18.66% 82.52% 5.05% 458.37% 20.94% 138.73% -5.99% -43.40% 26.45% -8.83% 53.69% 195.83% -17.23% -35.48% 46.06% -48.46% 54.44% 112.00% -51.65% 29.69% 73.43% 491.48% 581.86% 457.92% -21.98% 227.14% -27.15% -73.92% -979.64% -79.81% 22.57% 292.21% -147.34% -25.05% 159.47% 231.02% 124.81% -162.71% 153.83%               
      qoq
    10.83% 93.81% -36.76% 107.71% 2.64% -1.01% -37.35% 89.86% -24.69% 72.53% -60.38% 162.40% -76.87% 393.51% -39.05% 51.03% 22.91% 6.90% 20.31% -40.53% -26.00% 138.83% -13.26% 0.25% 42.44% -33.18% -32.39% 126.95% -49.73% 100.23% -7.19% -48.23% 34.82% 167.75% 216.54% -40.33% 10.31% -62.56% 1227.32% -86.71% -60.51% -1362.96% -130.46% -19.31% 26.35% 52.44% -51.77% 179.32% 61.19% 3.53% -113.45% -1230.65%            
      net income margin %
                                                                   
      allocation to participating securities
    -468,000 -396,000 -208,000 -325,000 -156,000 -156,000 -154,000 -275,000 -150,000 -180,000 -105,000 -271,000 -107,000 -382,000 -81,000 -120,000 -87,000 -53,000 -51,000 -123,000 -194,000 -194,000 -83,000 -94,000 -95,000 -64,000 -98,000 -145,000 -66,000 -125,000 -65,000 -75,000 -136,000 -107,000 -34,000 -5,000 -18,000 -15,000 -58,000 -15,000 -39,000 -28,000  -2,000 -12,000 -7,000 -6,000  -2,000     -2,000          
      net income available to common stockholders
    102,908,000 92,877,000 47,918,000 75,778,000 36,483,000 35,540,000 35,905,000 57,282,000 30,165,000 40,074,000 23,226,000 58,609,000 22,332,000 96,651,000 19,581,000 32,139,000 21,273,000 17,325,000 16,206,000 16,501,250 22,528,000 30,510,000 12,773,000 10,109,500 14,689,000 10,315,000 15,434,000                     2.5 20 -10 -570 -10    -268,000 -2,088,000 -757,000 -757,000 -757,000   
      earnings per common share - basic and diluted:
                                                                   
      net income available to common stockholders - basic
    1,000 900 480 780 370 370 400 680 360 480 290 770 300 1,280 260 440 300 250 240 245 330 450 190 160 220 160 250                                     
      net income available to common stockholders - diluted
    1,000 900 470 780 370 370 400 680 360 480 290 770 300 1,280 260 440 300 250 240 242.5 330 450 190 157.5 220 160 250                                   -2,088,000 -2,088,000 
      basic weighted-average common shares outstanding
    102,912,261,000 102,888,326,000 100,767,821,000 95,524,549,000 97,561,792,000 96,289,755,000 88,873,871,000 83,169,028,000 84,041,413,000 83,116,241,000 79,895,886,000 75,498,107,000 75,495,232,000 75,250,655,000 75,199,529,000 70,534,202,000 70,516,787,000 69,580,253,000 68,603,068,000 67,762,927,000 68,112,661,000 67,622,005,000 67,062,582,000 64,428,406,000 65,724,426,000 63,780,645,000 61,456,965,000                                     
      diluted weighted-average common shares outstanding
    103,136,057,000 103,012,111,000 101,046,910,000 95,842,137,000 97,870,794,000 96,406,139,000 89,436,149,000 83,371,099,000 84,266,740,000 83,116,241,000 80,344,742,000 75,586,480,000 75,588,750,000 75,340,872,000 75,284,498,000 70,793,670,000 70,752,863,000 69,808,430,000 68,862,922,000 68,170,066,000 68,372,515,000 68,029,144,000 67,469,721,000 64,722,976,000 66,018,996,000 64,075,215,000 61,604,250,000                                     
      acquisition costs
                  28,000   117,000 55,000 85,000 123,000 11,000 52,000 -3,000 47,000 1,000  -5,000 122,000 5,000 2,000 -1,000  10,000 1,000 990,000 696,000 484,000 959,000 1,062,000 219,000 214,000 3,218,000 1,968,000 279,000 611,000 882,000 1,437,000 791,000 613,000 457,000 491,000 760,000 324,000 714,000  143,000 349,000 130,000 130,000 130,000   
      rental revenues
                               30,841,000 29,702,000 28,906,000 28,734,000 26,700,000 26,452,000 25,710,000 24,467,000 23,217,000 21,288,000 20,515,000 19,998,000 19,311,000 19,337,000 19,444,000 17,807,000 14,860,000 14,013,000 13,184,000 12,071,000 10,426,000 9,191,000 8,518,000 8,097,000 -15,136,000 7,195,000 6,051,000 5,306,000  4,777,000 345,000 12,000 12,000 12,000   
      tenant expense reimbursements
                               8,572,000 8,197,000 8,332,000 8,373,000 7,925,000 7,188,000 7,068,000 6,974,000 6,623,000 5,816,000 5,302,000 5,659,000 4,889,000 4,990,000 4,793,000 5,324,000 3,887,000 3,701,000 3,426,000 3,733,000 2,743,000 2,325,000 2,297,000 2,390,000 -3,808,000 1,871,000 1,548,000 1,300,000         
      total other income and expenses
                               898,000 -3,065,000 7,998,000 -1,342,000 508,000 10,952,000 6,317,000 -3,731,000 -3,637,000 -1,612,000 -3,070,000 2,191,000 1,157,000 -2,208,000 4,164,000 -2,167,000 -1,868,000 -1,470,000 -1,659,000 -1,593,000 -1,601,000 -1,452,000 -1,537,000 -1,515,000 3,236,000 -1,571,000 -1,114,000 -1,011,000  -804,000 -82,000 2,000 2,000 2,000 349,000 349,000 
      redemption of preferred stock
                                    -1,767,000                             345,000 345,000 
      preferred stock dividends
                                    -178,000 -891,000 -891,000 -891,000 -891,000 -891,000 -891,000 -891,000 -891,000 -891,000 -891,000 -891,000 -891,000 -891,000 -891,000 -891,000 -891,000 -891,000 -891,000 -178,250 -713,000           
      net income, net of redemption of preferred stock and preferred stock dividends
                               22,972,000 10,122,000   10,836,000 18,988,000                             -82,000 -82,000 
      net income available to common stockholders, net of redemption of preferred stock and preferred stock dividends
                               22,827,000 10,056,000   10,761,000 18,852,000                               
      basic and diluted weighted-average common shares outstanding
                               57,486,399,000 58,369,252,000 56,698,959,000 55,127,580,000 51,357,719,000 52,804,611,000 50,325,668,000 47,645,321,000 44,725,936,000 45,762,761,000 43,839,910,000 42,995,106,000 42,861,276,000 42,906,222,000 42,898,126,000 42,731,802,000 30,433,017,000 32,937,432,000 28,419,154,000 24,850,760,000 21,011,276,000 24,208,008,000 19,076,760,000 15,792,553,000 9,112,000,000 13,284,894,000 13,276,892 12,686,573 9,161,805 9,174,274 9,112,000 9,112,000 9,112,000 9,112,000   
      net income, net of preferred stock dividends
                                 20,137,000 10,057,000   14,636,000 4,908,000 941,000 2,179,000 1,892,000 6,542,000 -331,000 3,323,000 9,781,000 -1,736,000                     
      net income available to common stockholders, net of preferred stock dividends
                                 20,012,000 9,992,000   14,529,000 4,874,000 936,000 2,161,000 1,877,000 6,484,000 -346,000 3,284,000 9,753,000 -1,736,000 7,125,820 80 60 40                 
      loss on extinguishment of debt
                                        -239,000                         9,112,000 9,112,000 
      earnings per common share—basic and diluted:
                                                                   
      income from continuing operations
                                               2,774,000 3,438,000 2,721,000 1,785,000 563,000 933,000 372,000 794,000 -5,358,000 205,000           
      discontinued operations
                                                                   
      income from discontinued operations
                                                   360,000 392,000 450,000  -544,000 317,000           
      net and comprehensive income, net of preferred stock dividends
                                               1,317,500 2,547,000 1,830,000 894,000                 
      net and comprehensive income available to common stockholders, net of preferred stock dividends
                                               1,311,250 2,535,000 1,823,000 888,000                 
      income from continuing operations available to common stockholders, net of preferred stock dividends
                                               50 80 60 40                 
      net and comprehensive income
                                                   66,500 434,000 -69,000    257,000          
      net and comprehensive income available to common stockholders
                                                   66,500 432,000 -69,000    255,000          
      income from continuing operations available to common stockholders
                                                   -10 -20 -10 -550 -30           
      net and comprehensive loss available to common stockholders
                                                      -97,000 -50,250 -191,000  -267,000         
      earnings per common share-basic and diluted:
                                                                   
      dividends declared per common share
                                                       85 120 0.12 0.1  0.1       
      basic and diluted net income available to common stockholders per share
                                                         0.02 -0.02  -0.03 -0.23 -0.08 -0.08    
      deferred financing costs amortization
                                                                -3,000   
      net income available to common stockholders per share
                                                                -0.08   
      interest expense
                                                                   
    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.