{"text_format":"1","workbook":"xlsx","n_sheets":1,"sheets":["Summary"],"not_rendered":{"charts":0,"images":2,"macros":0,"external_links":15,"defined_names":234,"comments":0,"pivot_tables":0},"unopened":[],"bounds":{"document_bytes":16777216,"sheet_cells":100000,"rows_first":2000,"rows_last":500,"rows_between":2000,"halvings":0,"cell_chars":16384,"cell_head_chars":4096},"cells_cut":0,"cells_raw":0,"read":"whole","date_system":"1900"}

{"sheet":"Summary","index":0,"n_rows":87,"n_cols":8,"rows_kept":87,"cut":false,"hidden":false,"merged":[]}
[]
[]
[]
[null,"Maturity Date","Description","Interest Rate","Amount","Basis for Rate","Extendable","Type"]
[null,"Secured Fixed-rate debt:"]
[null,"2025-04-09","Notes payable - swapped to fixed",3.5474999999999993E-2,73581,"Fixed","No","Bank Loan"]
[null,"2025-06-21","Notes payable - swapped to fixed",3.7175000000000007E-2,56088,"Fixed","No","Bank Loan"]
[null,"2026-06-15","Notes payable",4.4999999999999998E-2,7477,"Fixed","No","Bank Loan"]
[null,"2026-10-05","Notes payable",3.5799999999999992E-2,122104,"Fixed","No","Bank Loan"]
[null,"2027-04-15","Notes payable",3.7999999999999999E-2,12087,"Fixed","No","Bank Loan"]
[null,"2027-05-20","Notes payable - swapped to fixed",4.6289999999999998E-2,40000,"Fixed","No","Bank Loan"]
[null,"2028-02-01","Notes payable - swapped to fixed",4.0524999999999992E-2,32000,"Fixed","No","Bank Loan"]
[null,"2030-02-05","Notes payable",4.0300000000000002E-2,7372,"Fixed","No","Bank Loan"]
[null,null,"Secured Fixed-rate subtotal",3.7945827381105128E-2,{"$f":"SUM(E6:E13)","v":350709}]
[null,null,"Wtd. Avg. Years to Maturity",2.0203971079016179]
[null,"Unsecured Fixed-rate debt:"]
[null,"2025-01-30","Unsecured term loan-swapped to fixed",5.2759999999999994E-2,245000,"Fixed","No","Facility Tranche 3"]
[null,"2026-06-29","Unsecured term loan-swapped to fixed",2.0593759999999999E-2,231633,"Fixed","No","Facility Tranche 4"]
[null,"2026-07-01","Unsecured notes payable",3.5000000000000003E-2,600000,"Fixed","No","Public Bond"]
[null,"2026-10-13","Unsecured term loan-swapped to fixed",4.2127409999999997E-2,405000,"Fixed","No","Facility Tranche 2"]
[null,"2027-01-31","Unsecured term loan-swapped to fixed",5.018333333333333E-2,300000,"Fixed","No","Facility Tranche 1"]
[null,"2027-08-24","Unsecured notes payable",3.95E-2,300000,"Fixed","No","Private Bond"]
[null,"2027-12-15","Unsecured notes payable",3.875E-2,450000,"Fixed","No","Public Bond"]
[null,"2028-04-01","Unsecured notes payable",5.7000000000000002E-2,500000,"Fixed","No","Public Bond"]
[null,"2028-07-17","Unsecured notes payable",4.3900000000000002E-2,300000,"Fixed","No","Private Bond"]
[null,"2029-04-01","Unsecured notes payable",3.9E-2,400000,"Fixed","No","Public Bond"]
[null,"2029-06-15","Unsecured notes payable",0.04,350000,"Fixed","No","Public Bond"]
[null,"2029-10-09","Unsecured notes payable",3.4700000000000002E-2,300000,"Fixed","No","Private Bond"]
[null,"2030-07-01","Unsecured notes payable",5.5E-2,450000,"Fixed","No","Public Bond"]
[null,"2030-08-25","Unsecured notes payable",3.4799999999999998E-2,325000,"Fixed","No","Private Bond"]
[null,"2030-10-01","Unsecured notes payable",3.5000000000000003E-2,100000,"Fixed","No","Private Bond"]
[null,"2030-10-15","Unsecured notes payable",2.1999999999999999E-2,400000,"Fixed","No","Public Bond"]
[null,"2031-01-15","Unsecured notes payable",5.8999999999999997E-2,600000,"Fixed","No","Public Bond"]
[null,"2031-06-01","Unsecured notes payable",2.5499999999999998E-2,450000,"Fixed","No","Public Bond"]
[null,"2031-10-15","Unsecured notes payable",2.4E-2,600000,"Fixed","No","Public Bond"]
[null,"2032-03-15","Unsecured notes payable",2.35E-2,600000,"Fixed","No","Public Bond"]
[null,"2034-02-01","Unsecured notes payable",5.3999999999999999E-2,600000,"Fixed","No","Public Bond"]
[null,null,"Unsecured Fixed-rate subtotal",3.9723765614442283E-2,{"$f":"SUM(E17:E37)","v":8506633}]
[null,null,"Wtd. Avg. Years to Maturity",5.1705631880246408]
[null,"Secured Variable-rate debt:"]
[null,"2024-11-27","Notes payable",6.5871699999999991E-2,125000,"SOFR plus 1.25","Yes - three 1 year","Bank Loan"]
[null,"2024-11-27","Notes payable",6.5871699999999991E-2,123250,"SOFR plus 1.25","Yes - three 1 year","Bank Loan"]
[null,"2025-08-01","Notes payable",6.430000000000001E-2,82450,"SOFR plus 1.10","No","Bank Loan"]
[null,"2025-09-28","Notes payable",6.430000000000001E-2,96010,"SOFR plus 1.10","Yes - two years","Bank Loan"]
[null,"2025-10-02","Notes payable",6.4299999999999982E-2,231392,"SOFR plus 1.10","Yes - three years","Bank Loan"]
[null,"2026-07-01","Line of credit - $140MM limit (1)",6.6799999999999984E-2,29000,"SOFR plus 1.35","Yes - one year","LOC"]
[null,"2027-02-01","Notes payable",6.4901700000000007E-2,47554,"SOFR plus 1.153","No","Bank Loan"]
[null,"2027-05-20","Notes payable",6.4991699999999999E-2,10625,"SOFR plus 1.16","No","Bank Loan"]
[null,"2027-06-01","Notes payable",6.3371700000000017E-2,53838,"SOFR plus 1.00","No","Bank Loan"]
[null,"2028-02-01","Notes payable",6.6799999999999998E-2,21400,"SOFR plus 1.35","No","Bank Loan"]
[null,"2029-12-01","Notes payable",6.3371700000000017E-2,67125,"SOFR plus 1.00","No","Bank Loan"]
[null,"2030-09-01","Notes payable",6.3371700000000017E-2,61370,"SOFR plus 1.00","No","Bank Loan"]
[null,null,"Variable-rate subtotal (3)",6.4924729830539915E-2,{"$f":"SUM(E41:E52)","v":949014}]
[null,null,"Wtd. Avg. Years to Maturity",3.637636571090324]
[]
[null,"Unsecured Variable-rate debt:"]
[null,"2025-01-05","Unsecured term loan",6.2871700000000003E-2,335000,"SOFR plus 0.95","No","Unsecured Term Loan"]
[null,"2026-06-29","Unsecured term loan",6.2871700000000003E-2,23367,"SOFR plus 0.95","No","Facility Tranche 4"]
[null,"2026-10-13","Unsecured term loan",6.2871700000000003E-2,20000,"SOFR plus 0.95","No","Facility Tranche 2"]
[null,"2027-01-31","Unsecured term loan",6.2799999999999995E-2,100000,"SOFR plus 0.95","No","Facility Tranche 1"]
[null,"2027-06-22","Line of credit - $2.0B limit (2)",6.2050000000000001E-2,919000,"SOFR plus 0.875","Yes - two 6 month","Facility Revolver"]
[null,"2028-01-28","Unsecured term loan",6.2871700000000003E-2,175000,"SOFR plus 0.95","No","Facility Tranche 6"]
[null,"2029-07-27","Unsecured term loan",6.5799999999999997E-2,425000,"SOFR plus 1.25","No","Facility Tranche 7"]
[null,null,"Unsecured Variable-rate subtotal (3)",6.4615102789772741E-2,{"$f":"SUM(E57:E63)","v":1997367}]
[null,null,"Wtd. Avg. Years to Maturity",3.4882999400217236]
[]
[null,null,"Total fixed and variable debt (3)",4.5909073790055904E-2,{"$f":"+E53+E14+E38+E64","v":11803723}]
[null,null,"Wtd. Avg. Years to Maturity",4.6690555270001486]
[]
[]
[null,"Market Capitalization & Enterprise Value",null,"Amount","Wtd. Avg. Rate","Wtd. Avg. Years to Maturity(4)"]
[null,"Secured Debt",null,{"$f":"(+Summary!E14+Summary!E53)","v":1299723},5.8000000000000003E-2,3.2]
[null,"Unsecured Debt",null,{"$f":"(+Summary!E38+Summary!E64)","v":10504000},4.3999999999999997E-2,4.9000000000000004]
[null,"Total Debt",null,{"$f":"SUM(D72:D73)","v":11803723},4.5999999999999999E-2,4.7]
[null,"Common Stock Value",null,34478893.812069997]
[null,"Total Enterprise Value",null,{"$f":"+D75+D74","v":46282616.812069997}]
[]
[null,"Common Stock Value = Common Stock Equivalents X $155.41 (stock price at quarter end)"]
[]
[null,"Unencumbered Stores (5)",null,"# of Stores","Trailing 12 Mo. NOI","Book Value"]
[null,"Stabilized Stores",null,907,10517851]
[null,"Newly Acquired Stores",null,771,null,14566096]
[null,"Lease Up Stores",null,2,null,17418]
[]
[null,"Investment Grade Ratings"]
[]
[null,null,"Baa2 (stable)",null,null,"BBB+ (stable)"]