Annual report [Section 13 and 15(d), not S-K Item 405]

Consolidated Statements of Equity

v3.25.0.1
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 $ 0 $ 0 0 19,142 0 19,142 854 19,996
Issuance of shares of common stock, net $ 1 0 9,895 0 0 9,896 0 9,896
Issuance of shares of common stock, net (in shares) 598              
LTIP Units and OP Units redeemed for common stock $ 0 0 682 0 0 682 (682) 0
LTIP Units and OP Units redeemed for common stock (in shares) 40              
Change in fair value of interest rate swap agreements $ 0 0 0 0 41,310 41,310 0 41,310
Stock-based compensation expense 0 0 0 0 0 0 4,681 4,681
Dividends to common stockholders 0 0 0 (55,009) 0 (55,009) 0 (55,009)
Dividends to preferred stockholders 0 0 0 (5,822) 0 (5,822) 0 (5,822)
Dividends to noncontrolling interest 0 0 0 0 0 0 (3,564) (3,564)
Balances at Dec. 31, 2022 $ 66 $ 74,959 721,991 (198,706) 34,674 632,984 16,081 649,065
Balances (in shares) at Dec. 31, 2022 65,518 3,105            
Net income $ 0 $ 0 0 20,611 0 20,611 1,123 21,734
Issuance of shares of common stock, net $ 0 0 427 0 0 427 (427) 0
Issuance of shares of common stock, net (in shares) 47              
LTIP Units and OP Units redeemed for common stock $ 0 0 0 0 0 0 5,482 5,482
LTIP Units and OP Units redeemed for common stock (in shares) 0              
OP Units issued for property acquisitions               5,482
Change in fair value of interest rate swap agreements $ 0 0 0 0 (9,549) (9,549) 0 (9,549)
Stock-based compensation expense 0 0 0 0 0 0 4,242 4,242
Dividends to common stockholders 0 0 0 (55,067) 0 (55,067) 0 (55,067)
Dividends to preferred stockholders 0 0 0 (5,822) 0 (5,822) 0 (5,822)
Dividends to noncontrolling interest 0 0 0 0 0 0 (4,271) (4,271)
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            
Net income $ 0 $ 0 0 6,633 0 6,633 59 6,692
Issuance of shares of common stock, net $ 1 $ 0 10,895 0 0 10,896 0 10,896
Issuance of shares of common stock, net (in shares) 1,204 0            
LTIP Units and OP Units redeemed for common stock $ 0 $ 0 910 0 0 910 (910) 0
LTIP Units and OP Units redeemed for common stock (in shares) 102              
Change in fair value of interest rate swap agreements $ 0 0 0 0 (6,512) (6,512) 0 (6,512)
Stock-based compensation expense 0 0 0 5,102 5,102
Dividends to common stockholders 0 0 (55,563) 0 (55,563) 0 (55,563)
Dividends to preferred stockholders 0 0 0 (5,822) 0 (5,822) 0 (5,822)
Dividends to noncontrolling interest 0 0 0 0 0 0 (4,691) (4,691)
Balances at Dec. 31, 2024 $ 67 $ 74,959 $ 734,223 $ (293,736) $ 18,613 $ 534,126 $ 21,790 $ 555,916
Balances (in shares) at Dec. 31, 2024 66,871 3,105