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Condensed Consolidated Statements of Equity - USD ($)
Total
Common Stock
Class C OP Units
Total Modiv Inc. Equity
Preferred Stock
Common Stock
Common Stock
Additional Paid-in Capital
Treasury Stock
Cumulative Distributions and Net Losses
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests in the Operating Partnership
Noncontrolling Interests in the Operating Partnership
Class C OP Units
Beginning balance (in shares) at Dec. 31, 2021         2,000,000              
Beginning balance at Dec. 31, 2021 $ 222,429,892     $ 171,826,892 $ 2,000 $ 7,491   $ 0 $ (101,624,430)   $ 50,603,000  
Beginning balance (in shares) at Dec. 31, 2021           7,490,404 273,441,831          
Beginning balance (in shares) at Dec. 31, 2021               0        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Issuance of stock (in shares)           66,078            
Issuance of stock 1,492,404   $ 32,809,550 1,492,404   $ 66 $ 1,492,338         $ 32,809,550
Listed offering of common stock (in shares)           40,000            
Listed offering of common stock, net 114,500     114,500   $ 40 114,460          
Stock compensation expense (in shares)           4,599            
Stock compensation expense 82,500     82,500   $ 4 82,496          
OP Units compensation expense 429,365     429,365     429,365          
Offering costs (189,412)     (189,412)     $ (189,412)          
Repurchase of common stock (in shares)               (50,863)        
Repurchase of common stock (852,721)     (852,721)       $ (852,721)        
Dividends declared, preferred stock (921,875)     (921,875)         (921,875)      
Distributions declared, Class C OP Units (3,158,661)   (125,770) (2,907,122)         (2,907,122)   (251,539) (125,770)
Net loss (12,073,164)     (10,145,136)         (10,145,136)   (1,928,028)  
Ending balance (in shares) at Mar. 31, 2022         2,000,000              
Ending balance at Mar. 31, 2022 240,036,608     158,929,395 $ 2,000 $ 7,601   $ (852,721) (115,598,563)   81,107,213  
Ending balance (in shares) at Mar. 31, 2022           7,601,081 275,371,078          
Ending balance (in shares) at Mar. 31, 2022               50,863        
Beginning balance (in shares) at Dec. 31, 2022         2,000,000              
Beginning balance at Dec. 31, 2022 $ 241,033,960     159,750,904 $ 2,000 $ 7,762 $ 278,339,020 $ (4,161,618) (117,938,876) $ 3,502,616 81,283,056  
Beginning balance (in shares) at Dec. 31, 2022   7,512,353       7,762,506            
Beginning balance (in shares) at Dec. 31, 2022 (250,153)             (250,153)        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Issuance of stock (in shares)           52,673            
Issuance of stock $ 566,856     566,856   $ 53 566,803          
Stock compensation expense (in shares)           7,761            
Stock compensation expense 82,500     82,500   $ 8 82,492          
OP Units compensation expense 577,669     577,669     577,669          
Repurchase of common stock (in shares)               (4,465)        
Repurchase of common stock (49,682)     (49,682)       $ (49,682)        
Dividends declared, preferred stock (921,875)     (921,875)         (921,875)      
Distributions declared, common stock (2,166,958)     (2,166,958)         (2,166,958)      
Distributions declared, Class C OP Units     $ (377,297)                 $ (377,297)
Net loss (4,578,921)     (3,762,722)         (3,762,722)   (816,199)  
Amortization of unrealized holding gain on interest rate swap (250,311)     (213,170)           (213,170) (37,141)  
Ending balance (in shares) at Mar. 31, 2023         2,000,000              
Ending balance at Mar. 31, 2023 $ 233,915,941     $ 153,863,522 $ 2,000 $ 7,823 $ 279,565,984 $ (4,211,300) $ (124,790,431) $ 3,289,446 $ 80,052,419  
Ending balance (in shares) at Mar. 31, 2023   7,568,322       7,822,940            
Ending balance (in shares) at Mar. 31, 2023 (254,618)             (254,618)