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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Sep. 30, 2018
Real Estate Investments:    
Land $ 239,299 $ 224,719
Buildings and Improvements 1,627,219 1,494,859
Total Real Estate Investments 1,866,518 1,719,578
Accumulated Depreciation (249,584) (207,065)
Real Estate Investments 1,616,934 1,512,513
Cash and Cash Equivalents 20,179 9,324
Securities Available for Sale at Fair Value 185,250 154,921
Tenant and Other Receivables 1,335 1,249
Deferred Rent Receivable 11,199 9,656
Prepaid Expenses 6,714 6,190
Intangible Assets, net of Accumulated Amortization of $15,686 and $13,700, respectively 14,970 14,590
Capitalized Lease Costs, net of Accumulated Amortization of $3,378 and $3,271, respectively 5,670 5,232
Financing Costs, net of Accumulated Amortization of $1,352 and $995, respectively 144 500
Other Assets 9,553 4,203
TOTAL ASSETS 1,871,948 1,718,378
Liabilities:    
Fixed Rate Mortgage Notes Payable, net of Unamortized Debt Issuance Costs 744,928 711,546
Loans Payable 95,000 186,609
Accounts Payable and Accrued Expenses 3,570 5,891
Other Liabilities 17,407 16,426
Total Liabilities 860,905 920,472
Shareholders’ Equity:    
6.125% Series C Cumulative Redeemable Preferred Stock, $0.01 Par Value Per Share: 16,400 Shares Authorized as of September 30, 2019 and 2018; 13,907 and 11,488 Shares Issued and Outstanding as of September 30, 2019 and 2018, respectively 347,678 287,200
Common Stock, $0.01 Par Value Per Share: 188,040 Shares Authorized as of September 30, 2019 and 2018, respectively; 96,399 and 81,503 Shares Issued and Outstanding as of September 30, 2019 and 2018, respectively 964 815
Excess Stock, $0.01 Par Value Per Share: 200,000 Shares Authorized as of September 30, 2019 and 2018; No Shares Issued or Outstanding as of September 30, 2019 and 2018 0 0
Additional Paid-In Capital 662,401 534,635
Accumulated Other Comprehensive Loss 0 (24,744)
Undistributed Income 0 0
Total Shareholders’ Equity 1,011,043 797,906
TOTAL LIABILITIES & SHAREHOLDERS’ EQUITY $ 1,871,948 $ 1,718,378