10-Q Filing

American Healthcare REIT, Inc. CIK: 1632970 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0001632970-16-000136`
Period End Date	20160630
Filing Date	20160810
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	gahr-20160630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 54 Income Statement 44 Cash Flow Statement 64 Stockholders Equity 30

Balance Sheet 54 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value (usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Real estate investment	`RealEstateInvestmentPropertyAtCost`	$5.01M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	200.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	200.00M	shares	Point-in-time
Real estate investment	`RealEstateInvestmentPropertyAtCost`	-	USD	Point-in-time
Cash	`Cash`	$9.05M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash	`Cash`	$202.00K	USD	Point-in-time
Cash	`Cash`	$202.00K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash	`Cash`	-	USD	Point-in-time
Accounts and other receivables	`AccountsReceivableGross`	$573.00K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts and other receivables	`AccountsReceivableGross`	-	USD	Point-in-time
Real estate deposit	`EarnestMoneyDeposits`	-	USD	Point-in-time
Real estate deposit	`EarnestMoneyDeposits`	$150.00K	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Identified intangible assets	`FiniteLivedIntangibleAssetsGross`	$386.00K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Identified intangible assets	`FiniteLivedIntangibleAssetsGross`	-	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	-	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$173.00K	USD	Point-in-time
Total assets	`Assets`	$15.34M	USD	Point-in-time
Total assets	`Assets`	$202.00K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	-	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$694.00K	USD	Point-in-time
Accounts payable due to affiliates	`DueToRelatedPartiesCurrentAndNoncurrent`	$2.73M	USD	Point-in-time
Accounts payable due to affiliates	`DueToRelatedPartiesCurrentAndNoncurrent`	-	USD	Point-in-time
Total liabilities	`Liabilities`	$3.42M	USD	Point-in-time
Total liabilities	`Liabilities`	-	USD	Point-in-time
Commitments and contingencies (Note 5)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 5)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interest (Note 6)	`RedeemableNoncontrollingInterestEquityFairValue`	$2.00K	USD	Point-in-time
Redeemable noncontrolling interest (Note 6)	`RedeemableNoncontrollingInterestEquityFairValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value per share; 200,000,000 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value per share; 200,000,000 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$200.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$12.75M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	-	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-851.00K	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$11.91M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$200.00K	USD	Point-in-time
Noncontrolling interest (Note 7)	`MinorityInterest`	$2.00K	USD	Point-in-time
Noncontrolling interest (Note 7)	`MinorityInterest`	-	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$202.00K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	-	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$202.00K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.91M	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and equity	`LiabilitiesAndStockholdersEquity`	$15.34M	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and equity	`LiabilitiesAndStockholdersEquity`	$202.00K	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
Real estate revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	-	USD	1 Quarter
Real estate revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$26.00K	USD	2 Qtrs
Real estate revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$26.00K	USD	1 Quarter
Real estate revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	-	USD	2 Qtrs
Rental expenses	`CostOfRealEstateRevenue`	$23.00K	USD	2 Qtrs
Rental expenses	`CostOfRealEstateRevenue`	-	USD	1 Quarter
Rental expenses	`CostOfRealEstateRevenue`	$23.00K	USD	1 Quarter
Rental expenses	`CostOfRealEstateRevenue`	-	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	-	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	-	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$246.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$396.00K	USD	2 Qtrs
Acquisition related expenses	`BusinessCombinationAcquisitionRelatedCosts`	$370.00K	USD	1 Quarter
Acquisition related expenses	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	1 Quarter
Acquisition related expenses	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	2 Qtrs
Acquisition related expenses	`BusinessCombinationAcquisitionRelatedCosts`	$370.00K	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	-	USD	1 Quarter
Total expenses	`CostsAndExpenses`	-	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$789.00K	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$639.00K	USD	1 Quarter
Net loss	`ProfitLoss`	-	USD	2 Qtrs
Net loss	`ProfitLoss`	$-763.00K	USD	2 Qtrs
Net loss	`ProfitLoss`	$-613.00K	USD	1 Quarter
Net loss	`ProfitLoss`	-	USD	1 Quarter
Net loss attributable to redeemable noncontrolling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	-	USD	1 Quarter
Net loss attributable to redeemable noncontrolling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	-	USD	2 Qtrs
Net loss attributable to redeemable noncontrolling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	-	USD	1 Quarter
Net loss attributable to redeemable noncontrolling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	-	USD	2 Qtrs
Net loss attributable to controlling interest	`NetIncomeLoss`	-	USD	2 Qtrs
Net loss attributable to controlling interest	`NetIncomeLoss`	-	USD	1 Quarter
Net loss attributable to controlling interest	`NetIncomeLoss`	$-613.00K	USD	1 Quarter
Net loss attributable to controlling interest	`NetIncomeLoss`	$-763.00K	USD	2 Qtrs
Net loss per common share attributable to controlling interest basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Net loss per common share attributable to controlling interest basic and diluted	`EarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Net loss per common share attributable to controlling interest basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.96	USD	1 Quarter
Net loss per common share attributable to controlling interest basic and diluted	`EarningsPerShareBasicAndDiluted`	$-2.32	USD	2 Qtrs
Weighted average number of common shares outstanding basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	635,808.00	shares	1 Quarter
Weighted average number of common shares outstanding basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	328,321.00	shares	2 Qtrs
Weighted average number of common shares outstanding basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	20,833.00	shares	1 Quarter
Weighted average number of common shares outstanding basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	20,833.00	shares	2 Qtrs
Distributions declared per common share	`CommonStockDividendsPerShareDeclared`	$0.10	USD	2 Qtrs
Distributions declared per common share	`CommonStockDividendsPerShareDeclared`	-	USD	1 Quarter
Distributions declared per common share	`CommonStockDividendsPerShareDeclared`	-	USD	2 Qtrs
Distributions declared per common share	`CommonStockDividendsPerShareDeclared`	$0.10	USD	1 Quarter

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	-	USD	2 Qtrs
Net loss	`ProfitLoss`	$-763.00K	USD	2 Qtrs
Net loss	`ProfitLoss`	$-613.00K	USD	1 Quarter
Net loss	`ProfitLoss`	-	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	-	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	$52.00K	USD	2 Qtrs
Share discounts	`Sharesissuedindiscount`	$40.00K	USD	2 Qtrs
Share discounts	`Sharesissuedindiscount`	-	USD	2 Qtrs
Accounts and other receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$21.00K	USD	2 Qtrs
Accounts and other receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	-	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$152.00K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	-	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$126.00K	USD	2 Qtrs
Accounts payable due to affiliates	`IncreaseDecreaseInAccountsPayableRelatedParties`	-	USD	2 Qtrs
Accounts payable due to affiliates	`IncreaseDecreaseInAccountsPayableRelatedParties`	$14.00K	USD	2 Qtrs
Prepaid rent	`IncreaseDecreaseInOtherOperatingLiabilities`	-	USD	2 Qtrs
Prepaid rent	`IncreaseDecreaseInOtherOperatingLiabilities`	$-5.00K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-709.00K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	2 Qtrs
Acquisition of real estate investment	`PaymentsToAcquireRealEstate`	$5.40M	USD	2 Qtrs
Acquisition of real estate investment	`PaymentsToAcquireRealEstate`	-	USD	2 Qtrs
Real estate deposit	`PaymentsForProceedsFromDepositsOnRealEstateAcquisitions`	$150.00K	USD	2 Qtrs
Real estate deposit	`PaymentsForProceedsFromDepositsOnRealEstateAcquisitions`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.55M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$200.00K	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$15.64M	USD	2 Qtrs
Contribution from noncontrolling interest to operating partnership	`ProceedsFromMinorityShareholders`	$2.00K	USD	2 Qtrs
Contribution from noncontrolling interest to operating partnership	`ProceedsFromMinorityShareholders`	-	USD	2 Qtrs
Payment of offering costs	`PaymentsOfStockIssuanceCosts`	-	USD	2 Qtrs
Payment of offering costs	`PaymentsOfStockIssuanceCosts`	$519.00K	USD	2 Qtrs
Distributions paid	`PaymentsOfDividendsCommonStock`	$12.00K	USD	2 Qtrs
Distributions paid	`PaymentsOfDividendsCommonStock`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$15.11M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$202.00K	USD	2 Qtrs
NET CHANGE IN CASH	`CashPeriodIncreaseDecrease`	$202.00K	USD	2 Qtrs
NET CHANGE IN CASH	`CashPeriodIncreaseDecrease`	$8.85M	USD	2 Qtrs
CASH Beginning of period	`Cash`	$9.05M	USD	Point-in-time
CASH Beginning of period	`Cash`	$202.00K	USD	Point-in-time
CASH Beginning of period	`Cash`	$202.00K	USD	Point-in-time
CASH Beginning of period	`Cash`	-	USD	Point-in-time
CASH End of period	`Cash`	$9.05M	USD	Point-in-time
CASH End of period	`Cash`	$202.00K	USD	Point-in-time
CASH End of period	`Cash`	$202.00K	USD	Point-in-time
CASH End of period	`Cash`	-	USD	Point-in-time
Prepaid expenses	`NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1`	$21.00K	USD	2 Qtrs
Prepaid expenses	`NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1`	-	USD	2 Qtrs
Accounts payable and accrued liabilities	`NoncashOrPartNoncashAcquisitionPayablesAssumed1`	-	USD	2 Qtrs
Accounts payable and accrued liabilities	`NoncashOrPartNoncashAcquisitionPayablesAssumed1`	$4.00K	USD	2 Qtrs
Prepaid rent	`NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1`	-	USD	2 Qtrs
Prepaid rent	`NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1`	$5.00K	USD	2 Qtrs
Issuance of common stock under the DRIP	`StockIssued1`	-	USD	2 Qtrs
Issuance of common stock under the DRIP	`StockIssued1`	$19.00K	USD	2 Qtrs
Distributions declared but not paid	`DividendsPayableCurrentAndNoncurrent`	$57.00K	USD	Point-in-time
Distributions declared but not paid	`DividendsPayableCurrentAndNoncurrent`	-	USD	Point-in-time
Accrued contingent advisor payment	`AccruedContingentAdvisorPayment`	$2.72M	USD	Point-in-time
Accrued contingent advisor payment	`AccruedContingentAdvisorPayment`	-	USD	Point-in-time
Accrued stockholder servicing fee	`Accruedstockholderservicingfee`	$507.00K	USD	Point-in-time
Accrued stockholder servicing fee	`Accruedstockholderservicingfee`	-	USD	Point-in-time
Reclassification of noncontrolling interest	`Noncashreclassificationofnoncontrollinginterest`	$2.00K	USD	2 Qtrs
Reclassification of noncontrolling interest	`Noncashreclassificationofnoncontrollinginterest`	-	USD	2 Qtrs
Receivable from transfer agent	`ReceivableFromTransferAgent`	-	USD	Point-in-time
Receivable from transfer agent	`ReceivableFromTransferAgent`	$552.00K	USD	Point-in-time

Stockholders Equity 30 line items

Line Item	Tag	Value	Unit	Period
Beginning balance Stockholders' Equity, including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$202.00K	USD	Point-in-time
Beginning balance Stockholders' Equity, including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	-	USD	Point-in-time
Beginning balance Stockholders' Equity, including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$202.00K	USD	Point-in-time
Beginning balance Stockholders' Equity, including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.91M	USD	Point-in-time
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$200.00K	USD	2 Qtrs
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$16.26M	USD	2 Qtrs
Offering costs - common stock	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$3.77M	USD	2 Qtrs
Issuance of vested and nonvested restricted common stock	`StockIssuedDuringPeriodValueShareBasedCompensation`	$30.00K	USD	2 Qtrs
Issuance of common stock under the DRIP, shares	`StockIssuedDuringPeriodSharesDividendReinvestmentPlan`	2,003.00	shares	1 Quarter
Issuance of common stock under the DRIP, shares	`StockIssuedDuringPeriodSharesDividendReinvestmentPlan`	0.00	shares	2 Qtrs
Issuance of common stock under the DRIP, shares	`StockIssuedDuringPeriodSharesDividendReinvestmentPlan`	0.00	shares	1 Quarter
Issuance of common stock under the DRIP, shares	`StockIssuedDuringPeriodSharesDividendReinvestmentPlan`	0.00	shares	Annual
Issuance of common stock under the DRIP, shares	`StockIssuedDuringPeriodSharesDividendReinvestmentPlan`	2,003.00	shares	2 Qtrs
Issuance of common stock under the DRIP	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$19.00K	USD	2 Qtrs
Issuance of common stock under the DRIP	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	-	USD	1 Quarter
Issuance of common stock under the DRIP	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	-	USD	2 Qtrs
Issuance of common stock under the DRIP	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	-	USD	Annual
Issuance of common stock under the DRIP	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$19.00K	USD	1 Quarter
Issuance of limited partnership units	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$2.00K	USD	2 Qtrs
Amortization of nonvested common stock compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$22.00K	USD	2 Qtrs
Reclassification of noncontrolling interest	`ReclassificationofNoncontrollingInterest`	$2.00K	USD	2 Qtrs
Distributions declared	`DividendsCommonStockCash`	$88.00K	USD	2 Qtrs
Net loss	`ProfitLoss`	-	USD	2 Qtrs
Net loss	`ProfitLoss`	$-763.00K	USD	2 Qtrs
Net loss	`ProfitLoss`	$-613.00K	USD	1 Quarter
Net loss	`ProfitLoss`	-	USD	1 Quarter
Ending balance Stockholders' Equity, including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$202.00K	USD	Point-in-time
Ending balance Stockholders' Equity, including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	-	USD	Point-in-time
Ending balance Stockholders' Equity, including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$202.00K	USD	Point-in-time
Ending balance Stockholders' Equity, including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.91M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.