XML 64 R66.htm IDEA: XBRL DOCUMENT v3.20.1
SUBSEQUENT EVENTS (Details)
$ / shares in Units, shares in Thousands
1 Months Ended 2 Months Ended 3 Months Ended
May 07, 2020
USD ($)
property
May 06, 2020
USD ($)
$ / shares
shares
Apr. 30, 2020
USD ($)
Mar. 31, 2020
USD ($)
Feb. 29, 2020
USD ($)
Mar. 31, 2020
USD ($)
Apr. 01, 2020
USD ($)
Dec. 31, 2019
USD ($)
SUBSEQUENT EVENTS                
Acquisition total amount       $ 120,000,000   $ 120,000,000    
Drew amount of credit facility       20,000,000   57,000,000    
Available credit facility         $ 100,000,000   $ 100,000,000  
Cash on hand       22,000,000 2,000,000 22,000,000   $ 12,300,000
Outstanding on credit facility       57,000,000   57,000,000    
Total borrowing capacity on the credit facility       87,000,000   87,000,000 87,000,000  
Credit facility, additional draw amount       $ 30,000,000   $ 30,000,000 $ 30,000,000  
Cash as of December 31, 2019 utilized for both general corporate and working capital purposes, as well as property acquisitions subsequent to December 31, 2019         $ 10,300,000      
Interest rate       2.27%   2.27%    
Average purchase price of stock | $ / shares   $ 10.96            
Subsequent Event                
SUBSEQUENT EVENTS                
Number of Income Properties | property 29              
Number of income properties opened | property 24              
Number of properties operating on limited basis | property 11              
Percentage of annualized base rent of 24 properties 78.00%              
Percentage of rent relief on annualized rent 38.00%              
Percentage of rent relief on annualized rent, reached an agreement on either a deferral arrangement or other accommodation 34.00%              
Percentage of rent relief on annualized rent, reached an agreement on either a deferral arrangement or other accommodation, percentage of April's rent 13.00%              
Total borrowing capacity on the credit facility $ 100,000,000              
Common stock repurchased | shares   311            
Amount of stock repurchased   $ 3,400,000            
Authorised amount of stock   $ 5,000,000            
Subsequent Event | Minimum                
SUBSEQUENT EVENTS                
Interest rate     1.83%          
Subsequent Event | Maximum                
SUBSEQUENT EVENTS                
Interest rate     2.43%          
Subsequent Event | Revolving credit facility                
SUBSEQUENT EVENTS                
Outstanding on credit facility     $ 50,000,000          
Subsequent Event | Revolving credit facility | LIBOR                
SUBSEQUENT EVENTS                
Spread fixed rate     0.48%          
Subsequent Event | INTEREST RATE SWAP                
SUBSEQUENT EVENTS                
Debt instrument term (in years)     5 years