XML 16 R3.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Real Estate Investments:    
Land $ 915,861 $ 881,872
Building and improvements 2,350,294 2,274,680
Total real estate investments 3,266,155 3,156,552
Less:  accumulated depreciation 510,836 460,165
Net real estate before mortgage notes 2,755,319 2,696,387
Mortgage note receivable 4,875 4,959
Real Estate Investments, net 2,760,194 2,701,346
Cash and cash equivalents 13,218 4,822
Restricted cash 2,145 1,814
Tenant and other receivables, net 55,787 58,756
Acquired lease intangible assets, net 50,139 50,110
Prepaid expenses 5,337 4,811
Deferred charges, net 25,017 25,655
Other assets 17,007 17,296
Total assets 2,928,844 2,864,610
Liabilities:    
Term loan 298,889 298,524
Credit facility 0 48,000
Senior Notes 945,231 943,655
Mortgage notes payable 85,354 86,509
Acquired lease intangible liabilities, net 136,608 125,796
Accounts payable and accrued expenses 48,598 17,687
Tenants’ security deposits 7,231 6,854
Other liabilities 40,580 46,426
Total liabilities 1,562,491 1,573,451
Commitments and contingencies
Equity/Capital:    
Preferred stock, $0.0001 par value 50,000,000 shares authorized; none issued and outstanding 0 0
Common stock, $0.0001 par value, 500,000,000 shares authorized; 122,685,266 and 118,085,155 shares issued and outstanding at December 31, 2021 and 2020, respectively 12 12
Additional paid-in capital 1,577,837 1,497,662
Dividends in excess of earnings (297,801) (289,309)
Accumulated other comprehensive loss (3,154) (8,812)
Total Retail Opportunity Investments Corp. stockholders' equity 1,276,894 1,199,553
Non-controlling interests 89,459 91,606
Total equity/capital 1,366,353 1,291,159
Total liabilities and equity/capital 2,928,844 2,864,610
Retail Opportunity Investments Partnership L.P.    
Real Estate Investments:    
Land 915,861 881,872
Building and improvements 2,350,294 2,274,680
Total real estate investments 3,266,155 3,156,552
Less:  accumulated depreciation 510,836 460,165
Net real estate before mortgage notes 2,755,319 2,696,387
Mortgage note receivable 4,875 4,959
Real Estate Investments, net 2,760,194 2,701,346
Cash and cash equivalents 13,218 4,822
Restricted cash 2,145 1,814
Tenant and other receivables, net 55,787 58,756
Acquired lease intangible assets, net 50,139 50,110
Prepaid expenses 5,337 4,811
Deferred charges, net 25,017 25,655
Other assets 17,007 17,296
Total assets 2,928,844 2,864,610
Liabilities:    
Term loan 298,889 298,524
Credit facility 0 48,000
Senior Notes 945,231 943,655
Mortgage notes payable 85,354 86,509
Acquired lease intangible liabilities, net 136,608 125,796
Accounts payable and accrued expenses 48,598 17,687
Tenants’ security deposits 7,231 6,854
Other liabilities 40,580 46,426
Total liabilities 1,562,491 1,573,451
Equity/Capital:    
ROIC capital 1,280,048 1,208,365
Limited partners’ capital 89,680 92,279
Accumulated other comprehensive loss (3,375) (9,485)
Total equity/capital 1,366,353 1,291,159
Total liabilities and equity/capital $ 2,928,844 $ 2,864,610