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Consolidated and Combined Statements of Cash Flows (USD $)
In Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2011
Apr. 19, 2011
STAG Predecessor Group
Jun. 30, 2010
STAG Predecessor Group
Cash flows from operating activities:      
Net loss $ (5,899) $ (229) $ (2,016)
Adjustment to reconcile net loss to net cash provided by operating activities:      
Depreciation and amortization 6,446 2,459 5,326
Amortization of deferred financing costs 264 31 58
Intangible amortization in rental income 869 (2) (14)
Tenant straight line receivable, net (326) (16) (464)
(Gain) loss on interest rate swaps (500) (762) 935
Stock-based compensation expense 156    
Change in assets and liabilities:      
Tenant accounts receivable, net (42) 88 360
Leasing commissions, net (25) (24) (26)
Restricted cash-escrow (171)    
Prepaid expenses and other assets 450 (87) 159
Accounts payable, accrued expenses and other liabilities (429) 106 (257)
Tenant prepaid rent and security deposits 843 169 (922)
Due to related parties 746 767 1,559
Due from related parties (596) (141) 28
Total adjustments 7,685 2,588 6,742
Net cash provided by operating activities 1,786 2,359 4,726
Cash flows from investing activities:      
Additions of land and building improvements (12,349) (39) (761)
Restricted cash-escrow (540) (542) (369)
Cash paid for contributed assets, net (2,159)    
Cash paid for deal deposits (1,065)    
Additions to lease intangibles (5,686)    
Net cash used in investing activities (21,799) (581) (1,130)
Cash flows from financing activities:      
Proceeds from issuance of common stock, net 205,563    
Offering costs related to issuance of common stock (17,042)    
Redemption of initial capitalization of STAG Industrial, Inc. shares (2)    
Proceeds from notes payable to related parties   789  
Repayment of notes payable to related parties (10,366)    
Proceeds from secured corporate credit facility 11,000    
Repayment of secured corporate credit facility (11,000)    
Proceed from mortgage notes payable 11,400    
Repayment of mortgage notes payable (152,954) (1,180) (2,267)
Termination of swap contracts (894)    
Payment of loan fees and costs (2,662)    
Distributions   (2,679) (1,712)
Net cash provided by (used in) financing activities 33,043 (3,070) (3,979)
Increase (decrease) in cash and cash equivalents 13,030 (1,292) (383)
Cash and cash equivalents-beginning of period 277 1,567 2,772
Cash and cash equivalents-end of period $ 13,307 $ 275 $ 2,389