10-Q Filing

American Healthcare REIT, Inc. CIK: 1632970 Q1 2018

Filing Information

Form Type	10-Q
Accession Number	`0001632970-18-000078`
Period End Date	20180331
Filing Date	20180511
Fiscal Year	2018
Fiscal Period	Q1
XBRL Instance	gahr-20180331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 30 Cash Flow Statement 108 Stockholders Equity 18

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Real estate investments, net	`RealEstateInvestmentPropertyNet`	$419.67M	USD	Point-in-time
Real estate investments, net	`RealEstateInvestmentPropertyNet`	$437.69M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.24M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.09M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.06M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$9.16M	USD	Point-in-time
Line of credit and term loan	`LineOfCredit`	$84.10M	USD	Point-in-time
Line of credit and term loan	`LineOfCredit`	$62.30M	USD	Point-in-time
Accounts and other receivables, net	`AccountsReceivableNet`	$4.99M	USD	Point-in-time
Accounts and other receivables, net	`AccountsReceivableNet`	$2.84M	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`	$16.00K	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
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	200.00M	shares	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 deposits	`EarnestMoneyDeposits`	$500.00K	USD	Point-in-time
Real estate deposits	`EarnestMoneyDeposits`	$2.08M	USD	Point-in-time
Identified intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$44.82M	USD	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`	$43.92M	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
Other assets, net	`OtherAssets`	$5.23M	USD	Point-in-time
Other assets, net	`OtherAssets`	$5.80M	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`	$480.15M	USD	Point-in-time
Total assets	`Assets`	$503.64M	USD	Point-in-time
Common stock, par value (usd per share)	`CommonStockParOrStatedValuePerShare`	$0.01	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
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Mortgage loans payable, net	`SecuredDebt`	$11.57M	USD	Point-in-time
Mortgage loans payable, net	`SecuredDebt`	$3.90M	USD	Point-in-time
Mortgage loans payable, net	`SecuredDebt`	$3.96M	USD	Point-in-time
Mortgage loans payable, net	`SecuredDebt`	$11.48M	USD	Point-in-time
Line of credit and term loan	`LineOfCredit`	$84.10M	USD	Point-in-time
Line of credit and term loan	`LineOfCredit`	$62.30M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$19.43M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$22.00M	USD	Point-in-time
Accounts payable due to affiliates	`DueToRelatedPartiesCurrentAndNoncurrent`	$8.12M	USD	Point-in-time
Accounts payable due to affiliates	`DueToRelatedPartiesCurrentAndNoncurrent`	$8.15M	USD	Point-in-time
Identified intangible liabilities, net	`OffMarketLeaseUnfavorable`	$1.74M	USD	Point-in-time
Identified intangible liabilities, net	`OffMarketLeaseUnfavorable`	$1.65M	USD	Point-in-time
Security deposits, prepaid rent and other liabilities	`OtherLiabilities`	$1.69M	USD	Point-in-time
Security deposits, prepaid rent and other liabilities	`OtherLiabilities`	$977.00K	USD	Point-in-time
Total liabilities	`Liabilities`	$107.27M	USD	Point-in-time
Total liabilities	`Liabilities`	$125.93M	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 interests (Note 10)	`RedeemableNoncontrollingInterestEquityFairValue`	$2.00K	USD	Point-in-time
Redeemable noncontrolling interests (Note 10)	`RedeemableNoncontrollingInterestEquityFairValue`	$2.00K	USD	Point-in-time
Redeemable noncontrolling interests (Note 10)	`RedeemableNoncontrollingInterestEquityFairValue`	$1.00M	USD	Point-in-time
Redeemable noncontrolling interests (Note 10)	`RedeemableNoncontrollingInterestEquityFairValue`	$1.00M	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`	$427.23M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$376.28M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-23.48M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-32.34M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$395.37M	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$353.22M	USD	Point-in-time
Total liabilities, redeemable noncontrolling interests and stockholders equity	`LiabilitiesAndStockholdersEquity`	$503.64M	USD	Point-in-time
Total liabilities, redeemable noncontrolling interests and stockholders equity	`LiabilitiesAndStockholdersEquity`	$480.15M	USD	Point-in-time

Income Statement 30 line items

Line Item	Tag	Value	Unit	Period
Real estate revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$4.05M	USD	1 Quarter
Real estate revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$9.43M	USD	1 Quarter
Resident fees and services	`HealthCareOrganizationResidentServiceRevenue`	$8.41M	USD	1 Quarter
Resident fees and services	`HealthCareOrganizationResidentServiceRevenue`	-	USD	1 Quarter
Rental expenses	`CostOfRealEstateRevenue`	$2.35M	USD	1 Quarter
Rental expenses	`CostOfRealEstateRevenue`	$1.19M	USD	1 Quarter
Property operating expenses	`OwnedPropertyManagementCosts`	$7.23M	USD	1 Quarter
Property operating expenses	`OwnedPropertyManagementCosts`	-	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$748.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$2.12M	USD	1 Quarter
Acquisition related expenses	`BusinessCombinationAcquisitionRelatedCosts`	$95.00K	USD	1 Quarter
Acquisition related expenses	`BusinessCombinationAcquisitionRelatedCosts`	$73.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$7.20M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$1.71M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$3.72M	USD	1 Quarter
Total expenses	`CostsAndExpenses`	$18.99M	USD	1 Quarter
Interest expense (including amortization of deferred financing costs and debt premium)	`InterestExpense`	$418.00K	USD	1 Quarter
Interest expense (including amortization of deferred financing costs and debt premium)	`InterestExpense`	$1.08M	USD	1 Quarter
Net loss	`ProfitLoss`	$-2.24M	USD	1 Quarter
Net loss	`ProfitLoss`	$-85.00K	USD	1 Quarter
Less: net loss attributable to redeemable noncontrolling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$-67.00K	USD	1 Quarter
Less: net loss attributable to redeemable noncontrolling interests	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	-	USD	1 Quarter
Net loss attributable to controlling interest	`NetIncomeLoss`	$-85.00K	USD	1 Quarter
Net loss attributable to controlling interest	`NetIncomeLoss`	$-2.17M	USD	1 Quarter
Net loss per Class T and Class I common share attributable to controlling interest basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Net loss per Class T and Class I common share attributable to controlling interest basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.05	USD	1 Quarter
Weighted average number of Class T and Class I common shares outstanding basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	14.66M	shares	1 Quarter
Weighted average number of Class T and Class I common shares outstanding basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	45.14M	shares	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`	$0.15	USD	1 Quarter

Cash Flow Statement 108 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-2.24M	USD	1 Quarter
Net loss	`ProfitLoss`	$-85.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.71M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$7.20M	USD	1 Quarter
Other amortization (including deferred financing costs, above/below-market leases, leasehold interests, above-market leasehold interests and debt premium)	`OtherAmortization`	$77.00K	USD	1 Quarter
Other amortization (including deferred financing costs, above/below-market leases, leasehold interests, above-market leasehold interests and debt premium)	`OtherAmortization`	$207.00K	USD	1 Quarter
Deferred rent	`StraightLineRentAdjustments`	$-273.00K	USD	1 Quarter
Deferred rent	`StraightLineRentAdjustments`	$-633.00K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$30.00K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$14.00K	USD	1 Quarter
Share discounts	`Sharesissuedindiscount`	$3.00K	USD	1 Quarter
Share discounts	`Sharesissuedindiscount`	-	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$14.00K	USD	1 Quarter
Bad debt expense	`ProvisionForDoubtfulAccounts`	$347.00K	USD	1 Quarter
Accounts and other receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$1.81M	USD	1 Quarter
Accounts and other receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-50.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$98.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$422.00K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.38M	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$429.00K	USD	1 Quarter
Accounts payable due to affiliates	`IncreaseDecreaseInAccountsPayableRelatedParties`	$18.00K	USD	1 Quarter
Accounts payable due to affiliates	`IncreaseDecreaseInAccountsPayableRelatedParties`	$37.00K	USD	1 Quarter
Security deposits, prepaid rent and other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-165.00K	USD	1 Quarter
Security deposits, prepaid rent and other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$291.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.39M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$4.69M	USD	1 Quarter
Acquisitions of real estate investments	`PaymentsToAcquireRealEstate`	$23.19M	USD	1 Quarter
Acquisitions of real estate investments	`PaymentsToAcquireRealEstate`	$74.71M	USD	1 Quarter
Capital expenditures	`PaymentsForCapitalImprovements`	$687.00K	USD	1 Quarter
Capital expenditures	`PaymentsForCapitalImprovements`	$39.00K	USD	1 Quarter
Real estate deposits	`PaymentsForProceedsFromDepositsOnRealEstateAcquisitions`	$1.57M	USD	1 Quarter
Real estate deposits	`PaymentsForProceedsFromDepositsOnRealEstateAcquisitions`	$800.00K	USD	1 Quarter
Pre-acquisition expenses	`PaymentsforPreacquisitionexpenses`	$42.00K	USD	1 Quarter
Pre-acquisition expenses	`PaymentsforPreacquisitionexpenses`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-25.49M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-75.55M	USD	1 Quarter
Payments on mortgage loans payable	`RepaymentsOfSecuredDebt`	$62.00K	USD	1 Quarter
Payments on mortgage loans payable	`RepaymentsOfSecuredDebt`	$96.00K	USD	1 Quarter
Borrowings under the line of credit and term loan	`ProceedsFromLinesOfCredit`	$60.00M	USD	1 Quarter
Borrowings under the line of credit and term loan	`ProceedsFromLinesOfCredit`	$22.60M	USD	1 Quarter
Payments on the line of credit and term loan	`RepaymentsOfLinesOfCredit`	$58.30M	USD	1 Quarter
Payments on the line of credit and term loan	`RepaymentsOfLinesOfCredit`	$44.40M	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$52.09M	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$76.12M	USD	1 Quarter
Deferred financing costs	`PaymentsOfFinancingCosts`	$14.00K	USD	1 Quarter
Deferred financing costs	`PaymentsOfFinancingCosts`	$2.00K	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$397.00K	USD	1 Quarter
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Payment of offering costs	`PaymentsOfStockIssuanceCosts`	$4.12M	USD	1 Quarter
Payment of offering costs	`PaymentsOfStockIssuanceCosts`	$3.01M	USD	1 Quarter
Security deposits	`PaymentsForProceedsFromSecurityDepositsFinancingActivities`	-	USD	1 Quarter
Security deposits	`PaymentsForProceedsFromSecurityDepositsFinancingActivities`	$-2.00K	USD	1 Quarter
Distributions paid	`PaymentsOfDividendsCommonStock`	$2.80M	USD	1 Quarter
Distributions paid	`PaymentsOfDividendsCommonStock`	$755.00K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$73.98M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$22.87M	USD	1 Quarter
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$2.07M	USD	1 Quarter
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-178.00K	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.24M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$7.09M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$2.06M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$9.16M	USD	Point-in-time
Restricted cash at beginning of period	`RestrictedCash`	$16.00K	USD	Point-in-time
Restricted cash at beginning of period	`RestrictedCash`	-	USD	Point-in-time
Restricted cash at beginning of period	`RestrictedCash`	-	USD	Point-in-time
Restricted cash at beginning of period	`RestrictedCash`	$16.00K	USD	Point-in-time
CASH, CASH EQUIVALENTS, RESTRICTED CASH - Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.24M	USD	Point-in-time
CASH, CASH EQUIVALENTS, RESTRICTED CASH - Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.10M	USD	Point-in-time
CASH, CASH EQUIVALENTS, RESTRICTED CASH - Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.17M	USD	Point-in-time
CASH, CASH EQUIVALENTS, RESTRICTED CASH - Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.06M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.24M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$7.09M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$2.06M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$9.16M	USD	Point-in-time
Restricted cash at end of period	`RestrictedCash`	$16.00K	USD	Point-in-time
Restricted cash at end of period	`RestrictedCash`	-	USD	Point-in-time
Restricted cash at end of period	`RestrictedCash`	-	USD	Point-in-time
Restricted cash at end of period	`RestrictedCash`	$16.00K	USD	Point-in-time
CASH, CASH EQUIVALENTS, RESTRICTED CASH - Ending of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.24M	USD	Point-in-time
CASH, CASH EQUIVALENTS, RESTRICTED CASH - Ending of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.10M	USD	Point-in-time
CASH, CASH EQUIVALENTS, RESTRICTED CASH - Ending of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.17M	USD	Point-in-time
CASH, CASH EQUIVALENTS, RESTRICTED CASH - Ending of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.06M	USD	Point-in-time
Interest	`InterestPaid`	$879.00K	USD	1 Quarter
Interest	`InterestPaid`	$356.00K	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	$2.00K	USD	1 Quarter
Income taxes	`IncomeTaxesPaid`	$1.00K	USD	1 Quarter
Accrued capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$1.28M	USD	1 Quarter
Accrued capital expenditures	`CapitalExpendituresIncurredButNotYetPaid`	$669.00K	USD	1 Quarter
Accrued pre-acquisition expenses	`PreacquisitionexpensesIncurredbutNotyetPaid`	-	USD	1 Quarter
Accrued pre-acquisition expenses	`PreacquisitionexpensesIncurredbutNotyetPaid`	$119.00K	USD	1 Quarter
Tenant improvement overage	`TenantImprovementOverage`	-	USD	1 Quarter
Tenant improvement overage	`TenantImprovementOverage`	$429.00K	USD	1 Quarter
Other assets	`NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1`	$103.00K	USD	1 Quarter
Other assets	`NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1`	$8.00K	USD	1 Quarter
Accounts payable and accrued liabilities	`NoncashOrPartNoncashAcquisitionPayablesAssumed1`	$112.00K	USD	1 Quarter
Accounts payable and accrued liabilities	`NoncashOrPartNoncashAcquisitionPayablesAssumed1`	$125.00K	USD	1 Quarter
Security deposits and prepaid rent	`NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1`	-	USD	1 Quarter
Security deposits and prepaid rent	`NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1`	$360.00K	USD	1 Quarter
Issuance of common stock under the DRIP	`StockIssued1`	$1.06M	USD	1 Quarter
Issuance of common stock under the DRIP	`StockIssued1`	$3.61M	USD	1 Quarter
Distributions declared but not paid	`DividendsPayableCurrentAndNoncurrent`	$2.40M	USD	Point-in-time
Distributions declared but not paid	`DividendsPayableCurrentAndNoncurrent`	$885.00K	USD	Point-in-time
Accrued Contingent Advisor Payment	`AccruedContingentAdvisorPayment`	$7.46M	USD	Point-in-time
Accrued Contingent Advisor Payment	`AccruedContingentAdvisorPayment`	$7.76M	USD	Point-in-time
Accrued stockholder servicing fee	`Accruedstockholderservicingfee`	$6.54M	USD	Point-in-time
Accrued stockholder servicing fee	`Accruedstockholderservicingfee`	$13.42M	USD	Point-in-time
Receivable from transfer agent	`ReceivableFromTransferAgent`	$1.16M	USD	Point-in-time
Receivable from transfer agent	`ReceivableFromTransferAgent`	$521.00K	USD	Point-in-time

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
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
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$-67.00K	USD	1 Quarter
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	-	USD	1 Quarter
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	$-67.00K	USD	1 Quarter
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest	`NetIncomeLossAttributableToRedeemableNoncontrollingInterest`	-	USD	1 Quarter
Beginning balance Stockholders' Equity, including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$395.37M	USD	Point-in-time
Beginning balance Stockholders' Equity, including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$353.22M	USD	Point-in-time
Issuance of common stock under the DRIP, shares	`StockIssuedDuringPeriodSharesDividendReinvestmentPlan`	1.39M	shares	8 Qtrs
Issuance of common stock under the DRIP, shares	`StockIssuedDuringPeriodSharesDividendReinvestmentPlan`	1.01M	shares	7 Qtrs
Issuance of common stock under the DRIP	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$1.06M	USD	1 Quarter
Issuance of common stock under the DRIP	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$3.61M	USD	1 Quarter
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-85.00K	USD	1 Quarter
Net Income (Loss) Attributable to Parent	`NetIncomeLoss`	$-2.17M	USD	1 Quarter
Ending balance Stockholders' Equity, including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$395.37M	USD	Point-in-time
Ending balance Stockholders' Equity, including Portion Attributable to Noncontrolling Interest	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$353.22M	USD	Point-in-time
Adjustments to Additional Paid in Capital, Fair Value Adjustment to Redeemable Noncontrolling Interests	`AdjustmentstoAdditionalPaidinCapitalFairValueAdjustmenttoRedeemableNoncontrollingInterests`	-	USD	1 Quarter
Adjustments to Additional Paid in Capital, Fair Value Adjustment to Redeemable Noncontrolling Interests	`AdjustmentstoAdditionalPaidinCapitalFairValueAdjustmenttoRedeemableNoncontrollingInterests`	$67.00K	USD	1 Quarter

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