10-Q Filing

American Healthcare REIT, Inc. CIK: 1632970 Q3 2017

Filing Information

Form Type	10-Q
Accession Number	`0001632970-17-000135`
Period End Date	20170930
Filing Date	20171109
Fiscal Year	2017
Fiscal Period	Q3
XBRL Instance	gahr-20170930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 66 Income Statement 56 Cash Flow Statement 100 Stockholders Equity 35

Balance Sheet 66 line items

Line Item	Tag	Value	Unit	Period
Real estate investments, net	`RealEstateInvestmentPropertyNet`	$318.94M	USD	Point-in-time
Real estate investments, net	`RealEstateInvestmentPropertyNet`	$117.94M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$202.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.58M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.24M	USD	Point-in-time
Line of Credit	`LineOfCredit`	$26.00M	USD	Point-in-time
Line of Credit	`LineOfCredit`	$33.90M	USD	Point-in-time
Accounts and other receivables, net	`AccountsReceivableNet`	$1.36M	USD	Point-in-time
Accounts and other receivables, net	`AccountsReceivableNet`	$1.30M	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
Restricted cash	`RestrictedCashAndCashEquivalents`	-	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	200.00M	shares	Point-in-time
Real estate deposits	`EarnestMoneyDeposits`	$200.00K	USD	Point-in-time
Real estate deposits	`EarnestMoneyDeposits`	$5.02M	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	200.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Identified intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$19.67M	USD	Point-in-time
Identified intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$37.63M	USD	Point-in-time
Other assets, net	`OtherAssets`	$4.14M	USD	Point-in-time
Other assets, net	`OtherAssets`	$1.41M	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
Total assets	`Assets`	$142.76M	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`	$371.51M	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`	$11.64M	USD	Point-in-time
Mortgage loans payable, net	`SecuredDebt`	$3.85M	USD	Point-in-time
Mortgage loans payable, net	`SecuredDebt`	$3.96M	USD	Point-in-time
Mortgage loans payable, net	`SecuredDebt`	-	USD	Point-in-time
Line of Credit	`LineOfCredit`	$26.00M	USD	Point-in-time
Line of Credit	`LineOfCredit`	$33.90M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$17.05M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$5.43M	USD	Point-in-time
Accounts payable due to affiliates	`DueToRelatedPartiesCurrentAndNoncurrent`	$8.06M	USD	Point-in-time
Accounts payable due to affiliates	`DueToRelatedPartiesCurrentAndNoncurrent`	$5.53M	USD	Point-in-time
Identified intangible liabilities, net	`OffMarketLeaseUnfavorable`	$1.82M	USD	Point-in-time
Identified intangible liabilities, net	`OffMarketLeaseUnfavorable`	$1.06M	USD	Point-in-time
Security deposits, prepaid rent and other liabilities	`OtherLiabilities`	$786.00K	USD	Point-in-time
Security deposits, prepaid rent and other liabilities	`OtherLiabilities`	$616.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$50.50M	USD	Point-in-time
Total liabilities	`Liabilities`	$65.36M	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`	$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
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`	$322.55M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-7.35M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-16.77M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$42.95M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$92.25M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$306.14M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$202.00K	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and stockholders equity	`LiabilitiesAndStockholdersEquity`	$371.51M	USD	Point-in-time
Total liabilities, redeemable noncontrolling interest and stockholders equity	`LiabilitiesAndStockholdersEquity`	$142.76M	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Real estate revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$8.49M	USD	1 Quarter
Real estate revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$338.00K	USD	3 Qtrs
Real estate revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$312.00K	USD	1 Quarter
Real estate revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$18.74M	USD	3 Qtrs
Rental expenses	`CostOfRealEstateRevenue`	$2.10M	USD	1 Quarter
Rental expenses	`CostOfRealEstateRevenue`	$121.00K	USD	3 Qtrs
Rental expenses	`CostOfRealEstateRevenue`	$98.00K	USD	1 Quarter
Rental expenses	`CostOfRealEstateRevenue`	$4.89M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$1.30M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$725.00K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$3.00M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$329.00K	USD	1 Quarter
Acquisition related expenses	`BusinessCombinationAcquisitionRelatedCosts`	$334.00K	USD	3 Qtrs
Acquisition related expenses	`BusinessCombinationAcquisitionRelatedCosts`	$121.00K	USD	1 Quarter
Acquisition related expenses	`BusinessCombinationAcquisitionRelatedCosts`	$2.23M	USD	3 Qtrs
Acquisition related expenses	`BusinessCombinationAcquisitionRelatedCosts`	$1.86M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$64.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$7.62M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$64.00K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$3.44M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$3.14M	USD	3 Qtrs
Total expenses	`CostsAndExpenses`	$6.95M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$2.35M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$15.84M	USD	3 Qtrs
Interest expense (including amortization of deferred financing costs and debt premium)	`InterestExpense`	$780.00K	USD	1 Quarter
Interest expense (including amortization of deferred financing costs and debt premium)	`InterestExpense`	$56.00K	USD	3 Qtrs
Interest expense (including amortization of deferred financing costs and debt premium)	`InterestExpense`	$1.61M	USD	3 Qtrs
Interest expense (including amortization of deferred financing costs and debt premium)	`InterestExpense`	$56.00K	USD	1 Quarter
Interest income	`InterestAndOtherIncome`	-	USD	3 Qtrs
Interest income	`InterestAndOtherIncome`	-	USD	1 Quarter
Interest income	`InterestAndOtherIncome`	-	USD	1 Quarter
Interest income	`InterestAndOtherIncome`	$1.00K	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-2.85M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$1.29M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-2.09M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$754.00K	USD	1 Quarter
Less: net income (loss) attributable to redeemable noncontrolling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	-	USD	3 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	1 Quarter
Less: net income (loss) attributable to redeemable noncontrolling interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	-	USD	3 Qtrs
Net income (loss) attributable to controlling interest	`NetIncomeLoss`	$754.00K	USD	1 Quarter
Net income (loss) attributable to controlling interest	`NetIncomeLoss`	$-2.85M	USD	3 Qtrs
Net income (loss) attributable to controlling interest	`NetIncomeLoss`	$-2.09M	USD	1 Quarter
Net income (loss) attributable to controlling interest	`NetIncomeLoss`	$1.29M	USD	3 Qtrs
Net income (loss) per Class T and Class I common share attributable to controlling interest basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.62	USD	1 Quarter
Net income (loss) per Class T and Class I common share attributable to controlling interest basic and diluted	`EarningsPerShareBasicAndDiluted`	$-2.12	USD	3 Qtrs
Net income (loss) per Class T and Class I common share attributable to controlling interest basic and diluted	`EarningsPerShareBasicAndDiluted`	$0.05	USD	3 Qtrs
Net income (loss) per Class T and Class I common share attributable to controlling interest basic and diluted	`EarningsPerShareBasicAndDiluted`	$0.02	USD	1 Quarter
Weighted average number of Class T and Class I common shares outstanding basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	32.59M	shares	1 Quarter
Weighted average number of Class T and Class I common shares outstanding basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	23.83M	shares	3 Qtrs
Weighted average number of Class T and Class I common shares outstanding basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	1.35M	shares	3 Qtrs
Weighted average number of Class T and Class I common shares outstanding basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.36M	shares	1 Quarter
Distributions declared per Class T and Class I common share	`CommonStockDividendsPerShareDeclared`	$0.25	USD	3 Qtrs
Distributions declared per Class T and Class I common share	`CommonStockDividendsPerShareDeclared`	$0.15	USD	1 Quarter
Distributions declared per Class T and Class I common share	`CommonStockDividendsPerShareDeclared`	$0.15	USD	1 Quarter
Distributions declared per Class T and Class I common share	`CommonStockDividendsPerShareDeclared`	$0.45	USD	3 Qtrs

Cash Flow Statement 100 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-2.85M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$1.29M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-2.09M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$754.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$64.00K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$7.62M	USD	3 Qtrs
Other amortization (including deferred financing costs, above/below-market leases, leasehold interests, above-market leasehold interests and debt premium)	`OtherAmortization`	$251.00K	USD	3 Qtrs
Other amortization (including deferred financing costs, above/below-market leases, leasehold interests, above-market leasehold interests and debt premium)	`OtherAmortization`	$27.00K	USD	3 Qtrs
Deferred rent	`StraightLineRentAdjustments`	$-33.00K	USD	3 Qtrs
Deferred rent	`StraightLineRentAdjustments`	$-1.12M	USD	3 Qtrs
Stock based compensation	`ShareBasedCompensation`	$100.00K	USD	3 Qtrs
Stock based compensation	`ShareBasedCompensation`	$66.00K	USD	3 Qtrs
Share discounts	`Sharesissuedindiscount`	$49.00K	USD	3 Qtrs
Share discounts	`Sharesissuedindiscount`	$3.00K	USD	3 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	-	USD	3 Qtrs
Bad debt expense	`ProvisionForDoubtfulAccounts`	$94.00K	USD	3 Qtrs
Accounts and other receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$80.00K	USD	3 Qtrs
Accounts and other receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$362.00K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$305.00K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$105.00K	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$449.00K	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.39M	USD	3 Qtrs
Accounts payable due to affiliates	`IncreaseDecreaseInAccountsPayableRelatedParties`	$169.00K	USD	3 Qtrs
Accounts payable due to affiliates	`IncreaseDecreaseInAccountsPayableRelatedParties`	$33.00K	USD	3 Qtrs
Security deposits, prepaid rent and other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-6.00K	USD	3 Qtrs
Security deposits, prepaid rent and other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-280.00K	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.39M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$8.85M	USD	3 Qtrs
Acquisition of real estate investments	`PaymentsToAcquireRealEstate`	$215.74M	USD	3 Qtrs
Acquisition of real estate investments	`PaymentsToAcquireRealEstate`	$55.62M	USD	3 Qtrs
Capital expenditures	`PaymentsForCapitalImprovements`	$18.00K	USD	3 Qtrs
Capital expenditures	`PaymentsForCapitalImprovements`	$845.00K	USD	3 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCash`	-	USD	3 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCash`	$16.00K	USD	3 Qtrs
Real estate deposits	`PaymentsForProceedsFromDepositsOnRealEstateAcquisitions`	$4.82M	USD	3 Qtrs
Real estate deposits	`PaymentsForProceedsFromDepositsOnRealEstateAcquisitions`	$1.00M	USD	3 Qtrs
Pre-acquisition expenses	`PaymentsforPreacquisitionexpenses`	-	USD	3 Qtrs
Pre-acquisition expenses	`PaymentsforPreacquisitionexpenses`	$698.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-222.12M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-56.64M	USD	3 Qtrs
Payments on mortgage loan payable	`RepaymentsOfSecuredDebt`	$189.00K	USD	3 Qtrs
Payments on mortgage loan payable	`RepaymentsOfSecuredDebt`	$19.00K	USD	3 Qtrs
Borrowings under the Line of Credit	`ProceedsFromLinesOfCredit`	$12.00M	USD	3 Qtrs
Borrowings under the Line of Credit	`ProceedsFromLinesOfCredit`	$192.60M	USD	3 Qtrs
Payments on the Line of Credit	`RepaymentsOfLinesOfCredit`	-	USD	3 Qtrs
Payments on the Line of Credit	`RepaymentsOfLinesOfCredit`	$200.50M	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$52.48M	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$241.65M	USD	3 Qtrs
Deferred financing costs	`PaymentsOfFinancingCosts`	$175.00K	USD	3 Qtrs
Deferred financing costs	`PaymentsOfFinancingCosts`	$1.03M	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$178.00K	USD	3 Qtrs
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Payments of offering costs	`PaymentsOfStockIssuanceCosts`	$1.89M	USD	3 Qtrs
Payments of offering costs	`PaymentsOfStockIssuanceCosts`	$13.67M	USD	3 Qtrs
Security deposits	`PaymentsForProceedsFromSecurityDepositsFinancingActivities`	-	USD	3 Qtrs
Security deposits	`PaymentsForProceedsFromSecurityDepositsFinancingActivities`	$-97.00K	USD	3 Qtrs
Distributions paid	`PaymentsOfDividendsCommonStock`	$4.01M	USD	3 Qtrs
Distributions paid	`PaymentsOfDividendsCommonStock`	$148.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$61.40M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$215.43M	USD	3 Qtrs
NET CHANGE IN CASH AND CASH EQUIVALENTS	`CashPeriodIncreaseDecrease`	$2.16M	USD	3 Qtrs
NET CHANGE IN CASH AND CASH EQUIVALENTS	`CashPeriodIncreaseDecrease`	$2.37M	USD	3 Qtrs
CASH AND CASH EQUIVALENTS - Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$202.00K	USD	Point-in-time
CASH AND CASH EQUIVALENTS - Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$4.40M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.58M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - Beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.24M	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`	$4.40M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - End of period	`CashAndCashEquivalentsAtCarryingValue`	$2.58M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - End of period	`CashAndCashEquivalentsAtCarryingValue`	$2.24M	USD	Point-in-time
Interest	`InterestPaid`	$1.36M	USD	3 Qtrs
Interest	`InterestPaid`	$1.00K	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$7.00K	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	-	USD	3 Qtrs
Accrued capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	-	USD	3 Qtrs
Accrued capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$931.00K	USD	3 Qtrs
Accrued pre-acquisition expenses	`PreacquisitionexpensesIncurredbutNotyetPaid`	-	USD	3 Qtrs
Accrued pre-acquisition expenses	`PreacquisitionexpensesIncurredbutNotyetPaid`	$601.00K	USD	3 Qtrs
Other assets	`NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1`	$213.00K	USD	3 Qtrs
Other assets	`NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1`	$144.00K	USD	3 Qtrs
Mortgage loans payable	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	$8.00M	USD	3 Qtrs
Mortgage loans payable	`NoncashOrPartNoncashAcquisitionDebtAssumed1`	$3.97M	USD	3 Qtrs
Accounts payable and accrued liabilities	`NoncashOrPartNoncashAcquisitionPayablesAssumed1`	$803.00K	USD	3 Qtrs
Accounts payable and accrued liabilities	`NoncashOrPartNoncashAcquisitionPayablesAssumed1`	$75.00K	USD	3 Qtrs
Security deposits and prepaid rent	`NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1`	$545.00K	USD	3 Qtrs
Security deposits and prepaid rent	`NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1`	$106.00K	USD	3 Qtrs
Issuance of common stock under the DRIP	`StockIssued1`	$222.00K	USD	3 Qtrs
Issuance of common stock under the DRIP	`StockIssued1`	$5.49M	USD	3 Qtrs
Distributions declared but not paid	`DividendsPayableCurrentAndNoncurrent`	$228.00K	USD	Point-in-time
Distributions declared but not paid	`DividendsPayableCurrentAndNoncurrent`	$1.74M	USD	Point-in-time
Accrued Contingent Advisor Payment	`AccruedContingentAdvisorPayment`	$7.76M	USD	Point-in-time
Accrued Contingent Advisor Payment	`AccruedContingentAdvisorPayment`	$3.80M	USD	Point-in-time
Accrued stockholder servicing fee	`Accruedstockholderservicingfee`	$11.50M	USD	Point-in-time
Accrued stockholder servicing fee	`Accruedstockholderservicingfee`	$1.85M	USD	Point-in-time
Reclassification of noncontrolling interest to mezzanine equity	`Noncashreclassificationofnoncontrollinginterest`	-	USD	3 Qtrs
Reclassification of noncontrolling interest to mezzanine equity	`Noncashreclassificationofnoncontrollinginterest`	$2.00K	USD	3 Qtrs
Accrued deferred financing costs	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$22.00K	USD	3 Qtrs
Accrued deferred financing costs	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$72.00K	USD	3 Qtrs
Receivable from transfer agent	`ReceivableFromTransferAgent`	$926.00K	USD	Point-in-time
Receivable from transfer agent	`ReceivableFromTransferAgent`	$807.00K	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`	$42.95M	USD	Point-in-time
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`	$306.14M	USD	Point-in-time
Beginning balance Stockholders' Equity, including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$202.00K	USD	Point-in-time
Dividends, Common Stock	`DividendsCommonStock`	$10.71M	USD	3 Qtrs
Stock Repurchased During Period, Value	`StockRepurchasedDuringPeriodValue`	$178.00K	USD	3 Qtrs
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$53.50M	USD	3 Qtrs
Issuance of common stock	`StockIssuedDuringPeriodValueNewIssues`	$241.44M	USD	3 Qtrs
Offering costs - common stock	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$7.58M	USD	3 Qtrs
Offering costs - common stock	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$23.54M	USD	3 Qtrs
Issuance of common stock under the DRIP, shares	`StockIssuedDuringPeriodSharesDividendReinvestmentPlan`	83,717.00	shares	Annual
Issuance of common stock under the DRIP, shares	`StockIssuedDuringPeriodSharesDividendReinvestmentPlan`	668,035.00	shares	6 Qtrs
Issuance of common stock under the DRIP, shares	`StockIssuedDuringPeriodSharesDividendReinvestmentPlan`	668,035.00	shares	3 Qtrs
Issuance of common stock under the DRIP	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$222.00K	USD	3 Qtrs
Issuance of common stock under the DRIP	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$5.49M	USD	3 Qtrs
Issuance of common stock under the DRIP	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$2.62M	USD	1 Quarter
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures	`StockIssuedDuringPeriodValueShareBasedCompensation`	$45.00K	USD	3 Qtrs
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures	`StockIssuedDuringPeriodValueShareBasedCompensation`	$30.00K	USD	3 Qtrs
Amortization of nonvested common stock compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$36.00K	USD	3 Qtrs
Amortization of nonvested common stock compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition`	$55.00K	USD	3 Qtrs
Reclassification of noncontrolling interest to mezzanine equity	`ReclassificationofNoncontrollingInterest`	-	USD	3 Qtrs
Reclassification of noncontrolling interest to mezzanine equity	`ReclassificationofNoncontrollingInterest`	$2.00K	USD	3 Qtrs
Dividends, Common Stock, Cash	`DividendsCommonStockCash`	$598.00K	USD	3 Qtrs
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$754.00K	USD	1 Quarter
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-2.85M	USD	3 Qtrs
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-2.09M	USD	1 Quarter
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$1.29M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-2.85M	USD	3 Qtrs
Net loss	`ProfitLoss`	$1.29M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-2.09M	USD	1 Quarter
Net loss	`ProfitLoss`	$754.00K	USD	1 Quarter
Ending balance Stockholders' Equity, including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$42.95M	USD	Point-in-time
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`	$306.14M	USD	Point-in-time
Ending balance Stockholders' Equity, including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$202.00K	USD	Point-in-time

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