Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Equity

v3.23.2
Condensed Consolidated Statements of Equity - USD ($)
shares in Thousands, $ in Thousands
Common Stock [Member]
Preferred Stock [Member]
Additional Paid-in Capital [Member]
Accumulated Deficit [Member]
Accumulated Other Comprehensive Loss [Member]
Global Medial REIT Inc. Stockholders' Equity [Member]
Noncontrolling Interest [Member]
Total
Balances at Dec. 31, 2021 $ 65 $ 74,959 $ 711,414 $ (157,017) $ (6,636) $ 622,785 $ 14,792 $ 637,577
Balance (in shares) at Dec. 31, 2021 64,880 3,105            
Net income       7,806   7,806 313 8,119
Issuance of shares of common stock, net $ 1   9,978     9,979   9,979
Issuance of shares of common stock, net (in shares) 598              
LTIP Units and OP Units redeemed for common stock     682     682 (682)  
LTIP Units and OP Units redeemed for common stock (in shares) 40              
Change in fair value of interest rate swap agreements         23,163 23,163   23,163
Stock-based compensation expense             2,576 2,576
Dividends to common stockholders       (27,492)   (27,492)   (27,492)
Dividends to preferred stockholders       (2,911)   (2,911)   (2,911)
Dividends to noncontrolling interest             (1,902) (1,902)
Balances at Jun. 30, 2022 $ 66 $ 74,959 722,074 (179,614) 16,527 634,012 15,097 649,109
Balances (in shares) at Jun. 30, 2022 65,518 3,105            
Balances at Mar. 31, 2022 $ 65 $ 74,959 720,306 (168,089) 10,757 637,998 14,619 652,617
Balance (in shares) at Mar. 31, 2022 65,400 3,105            
Net income       3,691   3,691 143 3,834
Issuance of shares of common stock, net $ 1   1,768     1,769   1,769
Issuance of shares of common stock, net (in shares) 118              
Change in fair value of interest rate swap agreements         5,770 5,770   5,770
Stock-based compensation expense             1,289 1,289
Dividends to common stockholders       (13,760)   (13,760)   (13,760)
Dividends to preferred stockholders       (1,456)   (1,456)   (1,456)
Dividends to noncontrolling interest             (954) (954)
Balances at Jun. 30, 2022 $ 66 $ 74,959 722,074 (179,614) 16,527 634,012 15,097 649,109
Balances (in shares) at Jun. 30, 2022 65,518 3,105            
Balances at Dec. 31, 2022 $ 66 $ 74,959 721,991 (198,706) 34,674 632,984 16,081 649,065
Balance (in shares) at Dec. 31, 2022 65,518 3,105            
Net income       15,403   15,403 947 16,350
LTIP Units and OP Units redeemed for common stock     427     427 (427)  
LTIP Units and OP Units redeemed for common stock (in shares) 47              
OP Units issued for property acquisitions             5,482 5,482
Change in fair value of interest rate swap agreements         1,185 1,185   1,185
Stock-based compensation expense             1,835 1,835
Dividends to common stockholders       (27,530)   (27,530)   (27,530)
Dividends to preferred stockholders       (2,911)   (2,911)   (2,911)
Dividends to noncontrolling interest             (2,084) (2,084)
Balances at Jun. 30, 2023 $ 66 $ 74,959 722,418 (213,744) 35,859 619,558 21,834 641,392
Balances (in shares) at Jun. 30, 2023 65,565 3,105            
Balances at Mar. 31, 2023 $ 66 $ 74,959 722,113 (211,794) 27,410 612,754 15,721 628,475
Balance (in shares) at Mar. 31, 2023 65,530 3,105            
Net income       13,275   13,275 902 14,177
LTIP Units and OP Units redeemed for common stock     305     305 (305)  
LTIP Units and OP Units redeemed for common stock (in shares) 35              
OP Units issued for property acquisitions             5,482 5,482
Change in fair value of interest rate swap agreements         8,449 8,449   8,449
Stock-based compensation expense             1,147 1,147
Dividends to common stockholders       (13,769)   (13,769)   (13,769)
Dividends to preferred stockholders       (1,456)   (1,456)   (1,456)
Dividends to noncontrolling interest             (1,113) (1,113)
Balances at Jun. 30, 2023 $ 66 $ 74,959 $ 722,418 $ (213,744) $ 35,859 $ 619,558 $ 21,834 $ 641,392
Balances (in shares) at Jun. 30, 2023 65,565 3,105