Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Equity

v3.24.3
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, 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 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            
Balances at Dec. 31, 2023 $ 66 $ 74,959 722,418 (238,984) 25,125 583,584 22,230 605,814
Balances (in shares) at Dec. 31, 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            
Balances at Dec. 31, 2023 $ 66 $ 74,959 722,418 (238,984) 25,125 583,584 22,230 605,814
Balance (in shares) at Dec. 31, 2023 65,565 3,105            
Net income       3,803   3,803 (50) 3,753
Issuance of shares of common stock, net $ 1   10,895     10,896   10,896
Issuance of shares of common stock, net (in shares) 1,204              
LTIP Units and OP Units redeemed for common stock     313     313 (313)  
LTIP Units and OP Units redeemed for common stock (in shares) 34              
Change in fair value of interest rate swap agreements         (10,158) (10,158)   (10,158)
Stock-based compensation expense             3,826 3,826
Dividends to common stockholders       (41,520)   (41,520)   (41,520)
Dividends to preferred stockholders       (4,366)   (4,366)   (4,366)
Dividends to noncontrolling interest             (3,639) (3,639)
Balances at Sep. 30, 2024 $ 67 $ 74,959 733,626 (281,067) 14,967 542,552 22,054 564,606
Balances (in shares) at Sep. 30, 2024 66,803 3,105            
Balances at Jun. 30, 2024 $ 66 $ 74,959 722,627 (268,885) 27,672 556,439 21,933 578,372
Balance (in shares) at Jun. 30, 2024 65,588 3,105            
Net income       3,246   3,246 145 3,391
Issuance of shares of common stock, net $ 1   10,895     10,896   10,896
Issuance of shares of common stock, net (in shares) 1,204              
LTIP Units and OP Units redeemed for common stock     104     104 (104)  
LTIP Units and OP Units redeemed for common stock (in shares) 11              
Change in fair value of interest rate swap agreements         (12,705) (12,705)   (12,705)
Stock-based compensation expense             1,274 1,274
Dividends to common stockholders       (13,973)   (13,973)   (13,973)
Dividends to preferred stockholders       (1,455)   (1,455)   (1,455)
Dividends to noncontrolling interest             (1,194) (1,194)
Balances at Sep. 30, 2024 $ 67 $ 74,959 $ 733,626 $ (281,067) $ 14,967 $ 542,552 $ 22,054 $ 564,606
Balances (in shares) at Sep. 30, 2024 66,803 3,105