Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Equity

v3.25.2
Condensed Consolidated Statements of Equity - USD ($)
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, 2023 $ 66,000 $ 74,959,000 $ 722,418,000 $ (238,984,000) $ 25,125,000 $ 583,584,000 $ 22,230,000 $ 605,814,000
Balance (in shares) at Dec. 31, 2023 65,565 3,105            
Net income       557,000   557,000 (195,000) 362,000
LTIP Units and OP Units redeemed for common stock     209,000     209,000 (209,000)  
LTIP Units and OP Units redeemed for common stock (in shares) 23              
Change in fair value of interest rate swap agreements         2,547,000 2,547,000   2,547,000
Stock-based compensation expense             2,552,000 2,552,000
Dividends to common stockholders       (27,547,000)   (27,547,000)   (27,547,000)
Dividends to preferred stockholders       (2,911,000)   (2,911,000)   (2,911,000)
Dividends to noncontrolling interest             (2,445,000) (2,445,000)
Balances at Jun. 30, 2024 $ 66,000 $ 74,959,000 722,627,000 (268,885,000) 27,672,000 556,439,000 21,933,000 578,372,000
Balances (in shares) at Jun. 30, 2024 65,588 3,105            
Balances at Mar. 31, 2024 $ 66,000 $ 74,959,000 722,623,000 (251,963,000) 29,285,000 574,970,000 22,128,000 597,098,000
Balance (in shares) at Mar. 31, 2024 65,587 3,105            
Net income       (1,692,000)   (1,692,000) (260,000) (1,952,000)
LTIP Units and OP Units redeemed for common stock     4,000     4,000 (4,000)  
LTIP Units and OP Units redeemed for common stock (in shares) 1              
Change in fair value of interest rate swap agreements         (1,613,000) (1,613,000)   (1,613,000)
Stock-based compensation expense             1,319,000 1,319,000
Dividends to common stockholders       (13,774,000)   (13,774,000)   (13,774,000)
Dividends to preferred stockholders       (1,456,000)   (1,456,000)   (1,456,000)
Dividends to noncontrolling interest             (1,250,000) (1,250,000)
Balances at Jun. 30, 2024 $ 66,000 $ 74,959,000 722,627,000 (268,885,000) 27,672,000 556,439,000 21,933,000 578,372,000
Balances (in shares) at Jun. 30, 2024 65,588 3,105            
Balances at Dec. 31, 2024 $ 67,000 $ 74,959,000 734,223,000 (293,736,000) 18,613,000 534,126,000 21,790,000 555,916,000
Balance (in shares) at Dec. 31, 2024 66,871,000 3,105,000            
Net income       4,214,000   4,214,000 108,000 4,322,000
LTIP Units and OP Units redeemed for common stock     67,000     67,000 (67,000)  
LTIP Units and OP Units redeemed for common stock (in shares) 8,000              
Change in fair value of interest rate swap agreements         (8,217,000) (8,217,000)   (8,217,000)
Stock-based compensation expense             1,879,000 1,879,000
Dividends to common stockholders       (24,077,000)   (24,077,000)   (24,077,000)
Dividends to preferred stockholders       (2,911,000)   (2,911,000)   (2,911,000)
Dividends to noncontrolling interest             (1,891,000) (1,891,000)
Balances at Jun. 30, 2025 $ 67,000 $ 74,959,000 734,290,000 (316,510,000) 10,396,000 503,202,000 21,819,000 525,021,000
Balances (in shares) at Jun. 30, 2025 66,879,000 3,105,000            
Balances at Mar. 31, 2025 $ 67,000 $ 74,959,000 734,290,000 (305,677,000) 13,713,000 517,352,000 20,751,000 538,103,000
Balance (in shares) at Mar. 31, 2025 66,879,000 3,105,000            
Net income       655,000   655,000 (70,000) 585,000
Change in fair value of interest rate swap agreements         (3,317,000) (3,317,000)   (3,317,000)
Stock-based compensation expense             1,728,000 1,728,000
Dividends to common stockholders       (10,032,000)   (10,032,000)   (10,032,000)
Dividends to preferred stockholders       (1,456,000)   (1,456,000)   (1,456,000)
Dividends to noncontrolling interest             (590,000) (590,000)
Balances at Jun. 30, 2025 $ 67,000 $ 74,959,000 $ 734,290,000 $ (316,510,000) $ 10,396,000 $ 503,202,000 $ 21,819,000 $ 525,021,000
Balances (in shares) at Jun. 30, 2025 66,879,000 3,105,000