Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Equity

v3.23.3
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       17,318   17,318 830 18,148
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         43,519 43,519   43,519
Stock-based compensation expense             3,615 3,615
Dividends to common stockholders       (41,251)   (41,251)   (41,251)
Dividends to preferred stockholders       (4,366)   (4,366)   (4,366)
Dividends to noncontrolling interest             (2,637) (2,637)
Balances at Sep. 30, 2022 $ 66 $ 74,959 722,074 (185,316) 36,883 648,666 15,918 664,584
Balances (in shares) at Sep. 30, 2022 65,518 3,105            
Balances at Jun. 30, 2022 $ 66 $ 74,959 722,074 (179,614) 16,527 634,012 15,097 649,109
Balance (in shares) at Jun. 30, 2022 65,518 3,105            
Net income       9,512   9,512 517 10,029
Change in fair value of interest rate swap agreements         20,356 20,356   20,356
Stock-based compensation expense             1,039 1,039
Dividends to common stockholders       (13,759)   (13,759)   (13,759)
Dividends to preferred stockholders       (1,455)   (1,455)   (1,455)
Dividends to noncontrolling interest             (735) (735)
Balances at Sep. 30, 2022 $ 66 $ 74,959 722,074 (185,316) 36,883 648,666 15,918 664,584
Balances (in shares) at Sep. 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       19,996   19,996 1,187 21,183
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         3,705 3,705   3,705
Stock-based compensation expense             3,020 3,020
Dividends to common stockholders       (41,299)   (41,299)   (41,299)
Dividends to preferred stockholders       (4,366)   (4,366)   (4,366)
Dividends to noncontrolling interest             (3,142) (3,142)
Balances at Sep. 30, 2023 $ 66 $ 74,959 722,418 (224,375) 38,379 611,447 22,201 633,648
Balances (in shares) at Sep. 30, 2023 65,565 3,105            
Balances at Jun. 30, 2023 $ 66 $ 74,959 722,418 (213,744) 35,859 619,558 21,834 641,392
Balance (in shares) at Jun. 30, 2023 65,565 3,105            
Net income       4,593   4,593 240 4,833
Change in fair value of interest rate swap agreements         2,520 2,520   2,520
Stock-based compensation expense             1,185 1,185
Dividends to common stockholders       (13,769)   (13,769)   (13,769)
Dividends to preferred stockholders       (1,455)   (1,455)   (1,455)
Dividends to noncontrolling interest             (1,058) (1,058)
Balances at Sep. 30, 2023 $ 66 $ 74,959 $ 722,418 $ (224,375) $ 38,379 $ 611,447 $ 22,201 $ 633,648
Balances (in shares) at Sep. 30, 2023 65,565 3,105