Quarterly report [Sections 13 or 15(d)]

Condensed Consolidated Statements of Equity

v3.25.3
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 $ 13,000 $ 74,959,000 $ 722,471,000 $ (238,984,000) $ 25,125,000 $ 583,584,000 $ 22,230,000 $ 605,814,000
Balance (in shares) at Dec. 31, 2023 13,113 3,105            
Net income       3,803,000   3,803,000 (50,000) 3,753,000
Issuance of shares of common stock, net     10,896,000     10,896,000   10,896,000
Issuance of shares of common stock, net (in shares) 241              
LTIP Units and OP Units redeemed for common stock     313,000     313,000 (313,000)  
LTIP Units and OP Units redeemed for common stock (in shares) 7              
Change in fair value of interest rate swap agreements         (10,158,000) (10,158,000)   (10,158,000)
Stock-based compensation expense             3,826,000 3,826,000
Dividends to common stockholders       (41,520,000)   (41,520,000)   (41,520,000)
Dividends to preferred stockholders       (4,366,000)   (4,366,000)   (4,366,000)
Dividends to noncontrolling interest             (3,639,000) (3,639,000)
Balances at Sep. 30, 2024 $ 13,000 $ 74,959,000 733,680,000 (281,067,000) 14,967,000 542,552,000 22,054,000 564,606,000
Balances (in shares) at Sep. 30, 2024 13,361 3,105            
Balances at Dec. 31, 2023 $ 13,000 $ 74,959,000 722,471,000 (238,984,000) 25,125,000 583,584,000 22,230,000 605,814,000
Balance (in shares) at Dec. 31, 2023 13,113 3,105            
Balances at Dec. 31, 2024 $ 13,000 $ 74,959,000 734,277,000 (293,736,000) 18,613,000 534,126,000 21,790,000 555,916,000
Balances (in shares) at Dec. 31, 2024 13,374,000 3,105,000            
Balances at Jun. 30, 2024 $ 13,000 $ 74,959,000 722,680,000 (268,885,000) 27,672,000 556,439,000 21,933,000 578,372,000
Balance (in shares) at Jun. 30, 2024 13,118 3,105            
Net income       3,246,000   3,246,000 145,000 3,391,000
Issuance of shares of common stock, net     10,896,000     10,896,000   10,896,000
Issuance of shares of common stock, net (in shares) 241              
LTIP Units and OP Units redeemed for common stock     104,000     104,000 (104,000)  
LTIP Units and OP Units redeemed for common stock (in shares) 2              
Change in fair value of interest rate swap agreements         (12,705,000) (12,705,000)   (12,705,000)
Stock-based compensation expense             1,274,000 1,274,000
Dividends to common stockholders       (13,973,000)   (13,973,000)   (13,973,000)
Dividends to preferred stockholders       (1,455,000)   (1,455,000)   (1,455,000)
Dividends to noncontrolling interest             (1,194,000) (1,194,000)
Balances at Sep. 30, 2024 $ 13,000 $ 74,959,000 733,680,000 (281,067,000) 14,967,000 542,552,000 22,054,000 564,606,000
Balances (in shares) at Sep. 30, 2024 13,361 3,105            
Balances at Dec. 31, 2024 $ 13,000 $ 74,959,000 734,277,000 (293,736,000) 18,613,000 534,126,000 21,790,000 555,916,000
Balance (in shares) at Dec. 31, 2024 13,374,000 3,105,000            
Net income       (332,000)   (332,000) (404,000) (736,000)
LTIP Units and OP Units redeemed for common stock     1,141,000     1,141,000 (1,141,000)  
LTIP Units and OP Units redeemed for common stock (in shares) 33,000              
Fractional shares settled     (2,000)     (2,000)   (2,000)
Change in fair value of interest rate swap agreements         (11,146,000) (11,146,000)   (11,146,000)
Stock-based compensation expense             3,086,000 3,086,000
Dividends to common stockholders       (34,132,000)   (34,132,000)   (34,132,000)
Dividends to preferred stockholders       (4,366,000)   (4,366,000)   (4,366,000)
Dividends to noncontrolling interest             (2,792,000) (2,792,000)
Balances at Sep. 30, 2025 $ 13,000 $ 74,959,000 735,416,000 (332,566,000) 7,467,000 485,289,000 20,539,000 505,828,000
Balances (in shares) at Sep. 30, 2025 13,407,000 3,105,000            
Balances at Jun. 30, 2025 $ 13,000 $ 74,959,000 734,344,000 (316,510,000) 10,396,000 503,202,000 21,819,000 525,021,000
Balance (in shares) at Jun. 30, 2025 13,376,000 3,105,000            
Net income       (4,546,000)   (4,546,000) (512,000) (5,058,000)
LTIP Units and OP Units redeemed for common stock     1,074,000     1,074,000 (1,074,000)  
LTIP Units and OP Units redeemed for common stock (in shares) 31,000              
Fractional shares settled     (2,000)     (2,000)   (2,000)
Change in fair value of interest rate swap agreements         (2,929,000) (2,929,000)   (2,929,000)
Stock-based compensation expense             1,207,000 1,207,000
Dividends to common stockholders       (10,055,000)   (10,055,000)   (10,055,000)
Dividends to preferred stockholders       (1,455,000)   (1,455,000)   (1,455,000)
Dividends to noncontrolling interest             (901,000) (901,000)
Balances at Sep. 30, 2025 $ 13,000 $ 74,959,000 $ 735,416,000 $ (332,566,000) $ 7,467,000 $ 485,289,000 $ 20,539,000 $ 505,828,000
Balances (in shares) at Sep. 30, 2025 13,407,000 3,105,000