Financial Highlights
2020 FQ3 YTD
9/30/2020
2019 FY
12/31/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
Real Estate Assets ($000)
Total Gross Loans NA 0 0 0 0
Gross Depreciable Property 1,086,776 1,082,882 1,034,434 1,088,321 865,230
Total Accumulated Depreciation 157,303 137,933 113,300 129,939 107,052
Net Property Investment 929,473 944,949 921,134 958,382 758,178
Investment in Partnerships 34,849 34,097 26,236 4,095 0
Total Nondepreciable Real Estate 19,000 18,401 17,804 60,038 54,874
Investment in Real Estate before Reserves 983,322 997,447 965,174 1,022,515 813,052
Loan Loss Reserve 0 0 0 0 0
Net Real Estate Investment 983,322 997,447 965,174 1,022,515 813,052
Non Real Estate Assets ($000)
Cash and Cash Equivalents 38,990 15,530 13,658 5,005 4,168
Total Securities 0 0 0 32 517
Total Intangible Assets 0 0 0 0 0
Current Inventories 0 0 0 0 0
Deferred Tax Asset 0 0 0 0 0
Restricted Cash 7,994 8,501 8,339 8,121 6,676
Accounts Receivable 24,906 23,331 27,697 21,140 5,714
Total Other Assets 9,713 11,451 14,004 13,355 25,082
Total Assets 1,064,925 1,056,260 1,028,872 1,070,168 855,209
Liabilities ($000)
Total Debt 667,335 646,030 618,205 659,068 544,020
Deficit Partnerships 0 0 0 0 0
Advanced Rents & Security Deposits 6,915 6,617 6,130 5,694 6,125
Deferred Revenue 0 0 0 0 0
Deferred Tax Liability 0 0 0 0 0
Redeemable Partnership Units 0 0 0 0 0
Minority Interest (FASB 150) 0 0 0 0 0
Total Other Liabilities 54,415 50,515 45,387 47,002 37,421
Total Liabilities 728,665 703,162 669,722 711,764 587,566
Mezzanine ($000)
Redeemable Preferred 0 0 0 0 0
Trust Preferred Securities 0 0 0 0 0
Minority Interest in OP 0 0 0 0 0
Other Minority Interest 0 0 0 0 0
Preferred OP Minority Interest 0 0 0 0 0
Other Mezzanine Items 0 0 0 0 0
Total Mezzanine Level Items 0 0 0 0 0
Equity ($000)
Total Preferred Equity 0 0 0 0 0
Common Equity 329,996 345,317 350,456 347,604 255,687
Equity Attributable to Parent Company 329,996 345,317 350,456 347,604 255,687
Noncontrolling Interests in OP 6,264 7,781 8,694 10,800 11,941
Noncontrolling Interests in OP Preferred 0 0 0 0 0
Other Noncontrolling Interests 0 0 0 0 15
Noncontrolling Interests 6,264 7,781 8,694 10,800 11,956
Total Equity 336,260 353,098 359,150 358,404 267,643
Common Shares Outstanding(actual) 42,353,309 41,492,117 39,778,029 39,221,773 29,468,563
Convertible OP Units(actual) 775,582 908,572 928,481 1,083,581 1,102,636
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.