10-Q Filing

American Healthcare REIT, Inc. CIK: 1632970 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0001632970-17-000107`
Period End Date	20170630
Filing Date	20170809
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	gahr-20170630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 64 Income Statement 60 Cash Flow Statement 94 Stockholders Equity 35

Balance Sheet 64 line items

Line Item	Tag	Value	Unit	Period
Real estate investments, net	`RealEstateInvestmentPropertyNet`	$117.94M	USD	Point-in-time
Real estate investments, net	`RealEstateInvestmentPropertyNet`	$306.52M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.25M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$202.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.24M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.05M	USD	Point-in-time
Accounts and other receivables, net	`AccountsReceivableNet`	$1.30M	USD	Point-in-time
Accounts and other receivables, net	`AccountsReceivableNet`	$1.22M	USD	Point-in-time
Line of Credit	`LineOfCredit`	$71.10M	USD	Point-in-time
Line of Credit	`LineOfCredit`	$33.90M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	-	USD	Point-in-time
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
Restricted cash	`RestrictedCashAndCashEquivalents`	$16.00K	USD	Point-in-time
Real estate deposits	`EarnestMoneyDeposits`	$21.00K	USD	Point-in-time
Real estate deposits	`EarnestMoneyDeposits`	$200.00K	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
Identified intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$19.67M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Identified intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$36.11M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other assets, net	`OtherAssets`	$1.41M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Other assets, net	`OtherAssets`	$2.33M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total assets	`Assets`	$349.47M	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
Total assets	`Assets`	$142.76M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Mortgage loans payable, net	`SecuredDebt`	$3.96M	USD	Point-in-time
Mortgage loans payable, net	`SecuredDebt`	$11.69M	USD	Point-in-time
Line of Credit	`LineOfCredit`	$71.10M	USD	Point-in-time
Line of Credit	`LineOfCredit`	$33.90M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$14.16M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$5.43M	USD	Point-in-time
Accounts payable due to affiliates	`DueToRelatedPartiesCurrentAndNoncurrent`	$8.02M	USD	Point-in-time
Accounts payable due to affiliates	`DueToRelatedPartiesCurrentAndNoncurrent`	$5.53M	USD	Point-in-time
Identified intangible liabilities, net	`OffMarketLeaseUnfavorable`	$1.41M	USD	Point-in-time
Identified intangible liabilities, net	`OffMarketLeaseUnfavorable`	$1.06M	USD	Point-in-time
Security deposits and prepaid rent	`OtherLiabilities`	$1.03M	USD	Point-in-time
Security deposits and prepaid rent	`OtherLiabilities`	$616.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$50.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$107.41M	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Redeemable noncontrolling interest (Note 10)	`RedeemableNoncontrollingInterestEquityFairValue`	$2.00K	USD	Point-in-time
Redeemable noncontrolling interest (Note 10)	`RedeemableNoncontrollingInterestEquityFairValue`	-	USD	Point-in-time
Redeemable noncontrolling interest (Note 10)	`RedeemableNoncontrollingInterestEquityFairValue`	$2.00K	USD	Point-in-time
Redeemable noncontrolling interest (Note 10)	`RedeemableNoncontrollingInterestEquityFairValue`	$2.00K	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`	$99.49M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$254.36M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-12.59M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-7.35M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$92.25M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$242.06M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$202.00K	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$11.91M	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and stockholders equity	`LiabilitiesAndStockholdersEquity`	$349.47M	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and stockholders equity	`LiabilitiesAndStockholdersEquity`	$142.76M	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Real estate revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$10.25M	USD	2 Qtrs
Real estate revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$26.00K	USD	1 Quarter
Real estate revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$26.00K	USD	2 Qtrs
Real estate revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$6.20M	USD	1 Quarter
Rental expenses	`CostOfRealEstateRevenue`	$2.80M	USD	2 Qtrs
Rental expenses	`CostOfRealEstateRevenue`	$23.00K	USD	2 Qtrs
Rental expenses	`CostOfRealEstateRevenue`	$1.61M	USD	1 Quarter
Rental expenses	`CostOfRealEstateRevenue`	$23.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.70M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$952.00K	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`	$140.00K	USD	1 Quarter
Acquisition related expenses	`BusinessCombinationAcquisitionRelatedCosts`	$370.00K	USD	2 Qtrs
Acquisition related expenses	`BusinessCombinationAcquisitionRelatedCosts`	$213.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	-	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$4.18M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$2.47M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	-	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$8.89M	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$789.00K	USD	2 Qtrs
Total expenses	`CostsAndExpenses`	$639.00K	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$5.17M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$1.36M	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-613.00K	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$1.03M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-763.00K	USD	2 Qtrs
Interest expense (including amortization of deferred financing costs and debt premium)	`InterestExpense`	$409.00K	USD	1 Quarter
Interest expense (including amortization of deferred financing costs and debt premium)	`InterestExpense`	-	USD	2 Qtrs
Interest expense (including amortization of deferred financing costs and debt premium)	`InterestExpense`	-	USD	1 Quarter
Interest expense (including amortization of deferred financing costs and debt premium)	`InterestExpense`	$827.00K	USD	2 Qtrs
Interest Income	`InvestmentIncomeInterest`	$1.00K	USD	1 Quarter
Interest Income	`InvestmentIncomeInterest`	-	USD	2 Qtrs
Interest Income	`InvestmentIncomeInterest`	$1.00K	USD	2 Qtrs
Interest Income	`InvestmentIncomeInterest`	-	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$536.00K	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-613.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$621.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-763.00K	USD	2 Qtrs
Less: net income (loss) attributable to redeemable noncontrolling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	-	USD	1 Quarter
Less: net income (loss) attributable to redeemable noncontrolling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	-	USD	2 Qtrs
Less: net income (loss) attributable to redeemable noncontrolling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	-	USD	1 Quarter
Less: net income (loss) attributable to redeemable noncontrolling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	-	USD	2 Qtrs
Net income (loss) attributable to controlling interest	`NetIncomeLoss`	$621.00K	USD	1 Quarter
Net income (loss) attributable to controlling interest	`NetIncomeLoss`	$-763.00K	USD	2 Qtrs
Net income (loss) attributable to controlling interest	`NetIncomeLoss`	$-613.00K	USD	1 Quarter
Net income (loss) attributable to controlling interest	`NetIncomeLoss`	$536.00K	USD	2 Qtrs
Net income (loss) per Class T and Class I common share attributable to controlling interest basic and diluted	`EarningsPerShareBasicAndDiluted`	$0.03	USD	2 Qtrs
Net income (loss) per Class T and Class I common share attributable to controlling interest basic and diluted	`EarningsPerShareBasicAndDiluted`	$0.03	USD	1 Quarter
Net income (loss) per Class T and Class I common share attributable to controlling interest basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.96	USD	1 Quarter
Net income (loss) per Class T and Class I common share attributable to controlling interest basic and diluted	`EarningsPerShareBasicAndDiluted`	$-2.32	USD	2 Qtrs
Weighted average number of Class T and Class I common shares outstanding basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	635,808.00	shares	1 Quarter
Weighted average number of Class T and Class I common shares outstanding basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	24.04M	shares	1 Quarter
Weighted average number of Class T and Class I common shares outstanding basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	19.37M	shares	2 Qtrs
Weighted average number of Class T and Class I common shares outstanding basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	328,321.00	shares	2 Qtrs
Distributions declared per Class T and Class I common share	`CommonStockDividendsPerShareDeclared`	$0.10	USD	1 Quarter
Distributions declared per Class T and Class I common share	`CommonStockDividendsPerShareDeclared`	$0.10	USD	2 Qtrs
Distributions declared per Class T and Class I common share	`CommonStockDividendsPerShareDeclared`	$0.30	USD	2 Qtrs
Distributions declared per Class T and Class I common share	`CommonStockDividendsPerShareDeclared`	$0.15	USD	1 Quarter

Cash Flow Statement 94 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$536.00K	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-613.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$621.00K	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-763.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	-	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$4.18M	USD	2 Qtrs
Other amortization (including deferred financing costs, above/below-market leases, leasehold interests, above-market leasehold interests and debt premium)	`OtherAmortization`	-	USD	2 Qtrs
Other amortization (including deferred financing costs, above/below-market leases, leasehold interests, above-market leasehold interests and debt premium)	`OtherAmortization`	$157.00K	USD	2 Qtrs
Deferred rent	`StraightLineRentAdjustments`	$-556.00K	USD	2 Qtrs
Deferred rent	`StraightLineRentAdjustments`	-	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	$52.00K	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	$39.00K	USD	2 Qtrs
Share discounts	`Sharesissuedindiscount`	$3.00K	USD	2 Qtrs
Share discounts	`Sharesissuedindiscount`	$40.00K	USD	2 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	-	USD	2 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$69.00K	USD	2 Qtrs
Accounts and other receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$21.00K	USD	2 Qtrs
Accounts and other receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$103.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$152.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$326.00K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$126.00K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$963.00K	USD	2 Qtrs
Accounts payable due to affiliates	`IncreaseDecreaseInAccountsPayableRelatedParties`	$14.00K	USD	2 Qtrs
Accounts payable due to affiliates	`IncreaseDecreaseInAccountsPayableRelatedParties`	$123.00K	USD	2 Qtrs
Prepaid rent	`IncreaseDecreaseInOtherOperatingLiabilities`	$-109.00K	USD	2 Qtrs
Prepaid rent	`IncreaseDecreaseInOtherOperatingLiabilities`	$-5.00K	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$4.97M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-709.00K	USD	2 Qtrs
Acquisition of real estate investments	`PaymentsToAcquireRealEstate`	$5.40M	USD	2 Qtrs
Acquisition of real estate investments	`PaymentsToAcquireRealEstate`	$199.16M	USD	2 Qtrs
Capital expenditures	`PaymentsForCapitalImprovements`	-	USD	2 Qtrs
Capital expenditures	`PaymentsForCapitalImprovements`	$33.00K	USD	2 Qtrs
Increase (Decrease) in Restricted Cash	`IncreaseDecreaseInRestrictedCash`	-	USD	2 Qtrs
Increase (Decrease) in Restricted Cash	`IncreaseDecreaseInRestrictedCash`	$16.00K	USD	2 Qtrs
Real estate deposits	`PaymentsForProceedsFromDepositsOnRealEstateAcquisitions`	$150.00K	USD	2 Qtrs
Real estate deposits	`PaymentsForProceedsFromDepositsOnRealEstateAcquisitions`	$-179.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.55M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-199.03M	USD	2 Qtrs
Payments on mortgage loan payable	`RepaymentsOfSecuredDebt`	$125.00K	USD	2 Qtrs
Payments on mortgage loan payable	`RepaymentsOfSecuredDebt`	-	USD	2 Qtrs
Borrowings under the Line of Credit	`ProceedsFromLinesOfCredit`	-	USD	2 Qtrs
Borrowings under the Line of Credit	`ProceedsFromLinesOfCredit`	$172.10M	USD	2 Qtrs
Payments on the Line of Credit	`RepaymentsOfLinesOfCredit`	$134.90M	USD	2 Qtrs
Payments on the Line of Credit	`RepaymentsOfLinesOfCredit`	-	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$169.00M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$15.64M	USD	2 Qtrs
Deferred financing costs	`PaymentsOfFinancingCosts`	$164.00K	USD	2 Qtrs
Deferred financing costs	`PaymentsOfFinancingCosts`	-	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	2 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$69.00K	USD	2 Qtrs
Payment of offering costs	`PaymentsOfStockIssuanceCosts`	$8.70M	USD	2 Qtrs
Payment of offering costs	`PaymentsOfStockIssuanceCosts`	$519.00K	USD	2 Qtrs
Distributions paid	`PaymentsOfDividendsCommonStock`	$2.08M	USD	2 Qtrs
Distributions paid	`PaymentsOfDividendsCommonStock`	$12.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$15.11M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$195.07M	USD	2 Qtrs
NET CHANGE IN CASH AND CASH EQUIVALENTS	`CashPeriodIncreaseDecrease`	$1.01M	USD	2 Qtrs
NET CHANGE IN CASH AND CASH EQUIVALENTS	`CashPeriodIncreaseDecrease`	$8.85M	USD	2 Qtrs
CASH AND CASH EQUIVALENTS - Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.25M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$202.00K	USD	Point-in-time
CASH AND CASH EQUIVALENTS - Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.24M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$9.05M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - End of period	`CashAndCashEquivalentsAtCarryingValue`	$3.25M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - End of period	`CashAndCashEquivalentsAtCarryingValue`	$202.00K	USD	Point-in-time
CASH AND CASH EQUIVALENTS - End of period	`CashAndCashEquivalentsAtCarryingValue`	$2.24M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - End of period	`CashAndCashEquivalentsAtCarryingValue`	$9.05M	USD	Point-in-time
Interest	`InterestPaid`	-	USD	2 Qtrs
Interest	`InterestPaid`	$672.00K	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$7.00K	USD	2 Qtrs
Accrued capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$719.00K	USD	2 Qtrs
Accrued capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	-	USD	2 Qtrs
Other assets	`NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1`	$21.00K	USD	2 Qtrs
Other assets	`NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1`	$122.00K	USD	2 Qtrs
Mortgage loan payable	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	-	USD	2 Qtrs
Mortgage loan payable	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	$8.00M	USD	2 Qtrs
Accounts payable and accrued liabilities	`NoncashOrPartNoncashAcquisitionPayablesAssumed1`	$4.00K	USD	2 Qtrs
Accounts payable and accrued liabilities	`NoncashOrPartNoncashAcquisitionPayablesAssumed1`	$743.00K	USD	2 Qtrs
Security deposits and prepaid rent	`NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1`	$5.00K	USD	2 Qtrs
Security deposits and prepaid rent	`NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1`	$519.00K	USD	2 Qtrs
Issuance of common stock under the DRIP	`StockIssued1`	$19.00K	USD	2 Qtrs
Issuance of common stock under the DRIP	`StockIssued1`	$2.87M	USD	2 Qtrs
Distributions declared but not paid	`DividendsPayableCurrentAndNoncurrent`	$1.35M	USD	Point-in-time
Distributions declared but not paid	`DividendsPayableCurrentAndNoncurrent`	$57.00K	USD	Point-in-time
Accrued Contingent Advisor Payment	`AccruedContingentAdvisorPayment`	$2.72M	USD	Point-in-time
Accrued Contingent Advisor Payment	`AccruedContingentAdvisorPayment`	$7.77M	USD	Point-in-time
Accrued stockholder servicing fee	`Accruedstockholderservicingfee`	$507.00K	USD	Point-in-time
Accrued stockholder servicing fee	`Accruedstockholderservicingfee`	$9.60M	USD	Point-in-time
Reclassification of noncontrolling interest to mezzanine equity	`Noncashreclassificationofnoncontrollinginterest`	-	USD	2 Qtrs
Reclassification of noncontrolling interest to mezzanine equity	`Noncashreclassificationofnoncontrollinginterest`	$2.00K	USD	2 Qtrs
Accrued deferred financing costs	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	-	USD	2 Qtrs
Accrued deferred financing costs	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$11.00K	USD	2 Qtrs
Receivable from transfer agent	`ReceivableFromTransferAgent`	$552.00K	USD	Point-in-time
Receivable from transfer agent	`ReceivableFromTransferAgent`	$906.00K	USD	Point-in-time

Stockholders Equity 35 line items

Line Item	Tag	Value	Unit	Period
Beginning balance Stockholders' Equity, including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$92.25M	USD	Point-in-time
Beginning balance Stockholders' Equity, including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$242.06M	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
Dividends, Common Stock	`DividendsCommonStock`	$-5.77M	USD	2 Qtrs
Stock Repurchased During Period, Value	`StockRepurchasedDuringPeriodValue`	$-69.00K	USD	2 Qtrs
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$16.26M	USD	2 Qtrs
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$168.89M	USD	2 Qtrs
Offering costs - common stock	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$16.69M	USD	2 Qtrs
Offering costs - common stock	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$3.77M	USD	2 Qtrs
Issuance of common stock under the DRIP, shares	`StockIssuedDuringPeriodSharesDividendReinvestmentPlan`	389,515.00	shares	2 Qtrs
Issuance of common stock under the DRIP, shares	`StockIssuedDuringPeriodSharesDividendReinvestmentPlan`	389,515.00	shares	5 Qtrs
Issuance of common stock under the DRIP, shares	`StockIssuedDuringPeriodSharesDividendReinvestmentPlan`	83,717.00	shares	Annual
Issuance of common stock under the DRIP	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$1.81M	USD	1 Quarter
Issuance of common stock under the DRIP	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$2.87M	USD	2 Qtrs
Issuance of common stock under the DRIP	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$19.00K	USD	2 Qtrs
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures	`StockIssuedDuringPeriodValueShareBasedCompensation`	$30.00K	USD	2 Qtrs
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures	`StockIssuedDuringPeriodValueShareBasedCompensation`	$15.00K	USD	2 Qtrs
Amortization of nonvested common stock compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$22.00K	USD	2 Qtrs
Amortization of nonvested common stock compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$24.00K	USD	2 Qtrs
Reclassification of noncontrolling interest to mezzanine equity	`ReclassificationofNoncontrollingInterest`	$2.00K	USD	2 Qtrs
Reclassification of noncontrolling interest to mezzanine equity	`ReclassificationofNoncontrollingInterest`	-	USD	2 Qtrs
Dividends, Common Stock, Cash	`DividendsCommonStockCash`	$88.00K	USD	2 Qtrs
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$621.00K	USD	1 Quarter
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-763.00K	USD	2 Qtrs
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-613.00K	USD	1 Quarter
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$536.00K	USD	2 Qtrs
Net loss	`ProfitLoss`	$536.00K	USD	2 Qtrs
Net loss	`ProfitLoss`	$-613.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$621.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-763.00K	USD	2 Qtrs
Ending balance Stockholders' Equity, including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$92.25M	USD	Point-in-time
Ending balance Stockholders' Equity, including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$242.06M	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.