Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

v2.4.1.9
Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
 12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Operating revenues      
Rental revenue $ 71,211us-gaap_OperatingLeasesIncomeStatementLeaseRevenue $ 59,769us-gaap_OperatingLeasesIncomeStatementLeaseRevenue $ 50,915us-gaap_OperatingLeasesIncomeStatementLeaseRevenue
Tenant recovery revenue 2,079us-gaap_TenantReimbursements 1,574us-gaap_TenantReimbursements 355us-gaap_TenantReimbursements
Interest income from mortgage note receivable 466good_InterestIncomeFromMortgageNoteReceivable    
Total operating revenues 73,756us-gaap_RealEstateRevenueNet 61,343us-gaap_RealEstateRevenueNet 51,270us-gaap_RealEstateRevenueNet
Operating expenses      
Depreciation and amortization 28,864us-gaap_DepreciationAndAmortization 22,827us-gaap_DepreciationAndAmortization 16,831us-gaap_DepreciationAndAmortization
Property operating expenses 4,711us-gaap_CostOfOtherPropertyOperatingExpense 3,348us-gaap_CostOfOtherPropertyOperatingExpense 1,588us-gaap_CostOfOtherPropertyOperatingExpense
Acquisition related expenses 1,438us-gaap_BusinessCombinationAcquisitionRelatedCosts 768us-gaap_BusinessCombinationAcquisitionRelatedCosts 949us-gaap_BusinessCombinationAcquisitionRelatedCosts
Base management fee 2,798good_BaseManagementFee [1] 2,014good_BaseManagementFee [1] 1,467good_BaseManagementFee [1]
Incentive fee 4,305good_IncentiveFee [1] 4,201good_IncentiveFee [1] 3,569good_IncentiveFee [1]
Administration fee 1,526good_AdministrationFee [1] 1,467good_AdministrationFee [1] 1,118good_AdministrationFee [1]
General and administrative 2,689us-gaap_GeneralAndAdministrativeExpense 1,655us-gaap_GeneralAndAdministrativeExpense 1,594us-gaap_GeneralAndAdministrativeExpense
Impairment charge 14,238us-gaap_AssetImpairmentCharges    
Total operating expenses before credit to incentive fee 60,569good_OperatingExpensesBeforeCredits 36,280good_OperatingExpensesBeforeCredits 27,116good_OperatingExpensesBeforeCredits
Credit to base management fee (150)good_CreditToBaseManagementFee [1]    
Credit to incentive fee (3,013)good_CreditToIncentiveFee [1] (3,457)good_CreditToIncentiveFee [1] (2,221)good_CreditToIncentiveFee [1]
Total operating expenses 57,406us-gaap_OperatingExpenses 32,823us-gaap_OperatingExpenses 24,895us-gaap_OperatingExpenses
Other income (expense)      
Interest expense (26,197)us-gaap_InterestExpense (24,351)us-gaap_InterestExpense (20,226)us-gaap_InterestExpense
Gain on sale of real estate 1,240us-gaap_GainsLossesOnSalesOfOtherRealEstate    
Gain on debt extinguishment 5,274us-gaap_GainsLossesOnExtinguishmentOfDebt    
Other income 174us-gaap_OtherNonoperatingIncome 101us-gaap_OtherNonoperatingIncome 127us-gaap_OtherNonoperatingIncome
Total other expense (22,252)us-gaap_NonoperatingIncomeExpense (26,993)us-gaap_NonoperatingIncomeExpense (22,614)us-gaap_NonoperatingIncomeExpense
Net (loss) income (5,902)us-gaap_NetIncomeLoss 1,527us-gaap_NetIncomeLoss 3,761us-gaap_NetIncomeLoss
Distributions attributable to senior common stock (542)good_DistributionsAttributableToSeniorCommonStock (300)good_DistributionsAttributableToSeniorCommonStock (113)good_DistributionsAttributableToSeniorCommonStock
Net loss attributable to common stockholders (10,538)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic (2,867)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic (445)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Loss per weighted average share of common stock - basic & diluted      
Loss attributable to common shareholders $ (0.61)us-gaap_EarningsPerShareBasicAndDiluted $ (0.22)us-gaap_EarningsPerShareBasicAndDiluted $ (0.04)us-gaap_EarningsPerShareBasicAndDiluted
Weighted average shares of common stock outstanding      
Basic and Diluted 17,253,503us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 13,164,244us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted 10,953,325us-gaap_WeightedAverageNumberOfShareOutstandingBasicAndDiluted
Earnings per weighted average share of senior common stock $ 1.05good_EarningsPerWeightedAverageShareOfSeniorCommonStock $ 1.04good_EarningsPerWeightedAverageShareOfSeniorCommonStock $ 1.06good_EarningsPerWeightedAverageShareOfSeniorCommonStock
Weighted average shares of senior common stock outstanding - basic 516,937good_WeightedAverageSharesOfSeniorCommonStockOutstandingBasic 287,178good_WeightedAverageSharesOfSeniorCommonStockOutstandingBasic 106,271good_WeightedAverageSharesOfSeniorCommonStockOutstandingBasic
Series C Preferred Stock [Member]      
Other income (expense)      
Distributions attributable to Series C mandatorily redeemable preferred stock (2,743)us-gaap_DistributionsOnMandatorilyRedeemableSecurities
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesCPreferredStockMember 		(2,743)us-gaap_DistributionsOnMandatorilyRedeemableSecurities
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesCPreferredStockMember 		(2,515)us-gaap_DistributionsOnMandatorilyRedeemableSecurities
/ us-gaap_StatementClassOfStockAxis
= us-gaap_SeriesCPreferredStockMember
Series A and B Preferred Stock [Member]      
Other income (expense)      
Distributions attributable to Series A and B preferred stock $ (4,094)us-gaap_RedeemablePreferredStockDividends
/ us-gaap_StatementClassOfStockAxis
= good_SeriesAAndSeriesBPreferredStockMember 		$ (4,094)us-gaap_RedeemablePreferredStockDividends
/ us-gaap_StatementClassOfStockAxis
= good_SeriesAAndSeriesBPreferredStockMember 		$ (4,093)us-gaap_RedeemablePreferredStockDividends
/ us-gaap_StatementClassOfStockAxis
= good_SeriesAAndSeriesBPreferredStockMember
[1] Refer to Note 2 "Related-Party Transactions"