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10-Q Filing

American Healthcare REIT, Inc. CIK: 1632970 Q1 2020
Filing Information
Form Type 10-Q
Accession Number 0001632970-20-000035
Period End Date 20200331
Filing Date 20200514
Fiscal Year 2020
Fiscal Period Q1
XBRL Instance gahr-20200331.xml
Filing Contents
Balance Sheet 74 line items
Line Item Tag Value Unit Period
Real estate investments, net RealEstateInvestmentPropertyNet $895.06M USD Point-in-time
Real estate investments, net RealEstateInvestmentPropertyNet $947.55M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $45.05M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $20.52M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $15.29M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $14.39M USD Point-in-time
Accounts and other receivables, net AccountsReceivableNet $4.61M USD Point-in-time
Accounts and other receivables, net AccountsReceivableNet $3.75M USD Point-in-time
Restricted cash RestrictedCash $222.00K USD Point-in-time
Restricted cash RestrictedCash $556.00K USD Point-in-time
Restricted cash RestrictedCash $202.00K USD Point-in-time
Restricted cash RestrictedCash $348.00K USD Point-in-time
Real estate deposits EarnestMoneyDeposits - USD Point-in-time
Line of credit and term loans LineOfCredit $396.80M USD Point-in-time
Real estate deposits EarnestMoneyDeposits $1.92M USD Point-in-time
Line of credit and term loans LineOfCredit $473.10M USD Point-in-time
Preferred stock, par value (usd per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Identified intangible assets, net IntangibleAssetsNetExcludingGoodwill $78.24M USD Point-in-time
Identified intangible assets, net IntangibleAssetsNetExcludingGoodwill $74.02M USD Point-in-time
Preferred stock, par value (usd per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Operating lease right-of-use assets, net OperatingLeaseRightOfUseAsset $14.22M USD Point-in-time
Operating lease right-of-use assets, net OperatingLeaseRightOfUseAsset $14.26M 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
Other assets, net OtherAssets $62.62M USD Point-in-time
Other assets, net OtherAssets $64.10M 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
Total assets Assets $1.13B 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 $1.07B 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
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 $18.23M USD Point-in-time
Mortgage loans payable, net SecuredDebt $16.89M USD Point-in-time
Mortgage loans payable, net SecuredDebt $16.79M USD Point-in-time
Mortgage loans payable, net SecuredDebt $26.07M USD Point-in-time
Line of credit and term loans LineOfCredit $396.80M USD Point-in-time
Line of credit and term loans LineOfCredit $473.10M USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $31.00M USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $32.03M USD Point-in-time
Accounts payable due to affiliates DueToRelatedPartiesCurrentAndNoncurrent $1.02M USD Point-in-time
Accounts payable due to affiliates DueToRelatedPartiesCurrentAndNoncurrent $1.01M USD Point-in-time
Identified intangible liabilities, net OffMarketLeaseUnfavorable $1.51M USD Point-in-time
Identified intangible liabilities, net OffMarketLeaseUnfavorable $1.60M USD Point-in-time
Operating lease liabilities OperatingLeaseLiability $9.89M USD Point-in-time
Operating lease liabilities OperatingLeaseLiability $9.86M USD Point-in-time
Security deposits, prepaid rent and other liabilities OtherLiabilities $13.57M USD Point-in-time
Security deposits, prepaid rent and other liabilities OtherLiabilities $9.41M USD Point-in-time
Total liabilities Liabilities $476.79M USD Point-in-time
Total liabilities Liabilities $548.32M USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityFairValue $1.46M USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityFairValue $1.37M USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityFairValue $1.52M USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityFairValue $2.58M 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 $726.26M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $719.89M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-150.40M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-130.61M USD Point-in-time
Total stockholders equity StockholdersEquity $576.66M USD Point-in-time
Total stockholders equity StockholdersEquity $590.08M USD Point-in-time
Noncontrolling interest MinorityInterest $1.17M USD Point-in-time
Noncontrolling interest MinorityInterest - USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $577.83M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $590.08M USD Point-in-time
Total liabilities, redeemable noncontrolling interests and equity LiabilitiesAndStockholdersEquity $1.13B USD Point-in-time
Total liabilities, redeemable noncontrolling interests and equity LiabilitiesAndStockholdersEquity $1.07B USD Point-in-time
Income Statement 40 line items
Line Item Tag Value Unit Period
Real estate revenue OperatingLeaseLeaseIncome $21.46M USD 1 Quarter
Real estate revenue OperatingLeaseLeaseIncome $15.15M USD 1 Quarter
Resident fees and services RevenueFromContractWithCustomerExcludingAssessedTax $10.70M USD 1 Quarter
Resident fees and services RevenueFromContractWithCustomerExcludingAssessedTax $16.08M USD 1 Quarter
Total revenues Revenues $25.84M USD 1 Quarter
Total revenues Revenues $37.54M USD 1 Quarter
Rental expenses OperatingLeaseExpense $5.82M USD 1 Quarter
Rental expenses OperatingLeaseExpense $3.98M USD 1 Quarter
Property operating expenses CostOfGoodsAndServicesSold $13.02M USD 1 Quarter
Property operating expenses CostOfGoodsAndServicesSold $8.46M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $4.19M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $4.45M USD 1 Quarter
Acquisition related expenses BusinessCombinationAcquisitionRelatedCosts $118.00K USD 1 Quarter
Acquisition related expenses BusinessCombinationAcquisitionRelatedCosts $9.00K USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $16.08M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $12.53M USD 1 Quarter
Total expenses CostsAndExpenses $32.83M USD 1 Quarter
Total expenses CostsAndExpenses $35.83M USD 1 Quarter
Interest expense (including amortization of deferred financing costs and debt discount/premium) InterestExpense $5.31M USD 1 Quarter
Interest expense (including amortization of deferred financing costs and debt discount/premium) InterestExpense $3.58M USD 1 Quarter
Loss in fair value of derivative financial instruments GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments $-4.61M USD 1 Quarter
Loss in fair value of derivative financial instruments GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments $-1.98M USD 1 Quarter
Income from unconsolidated entity IncomeLossFromEquityMethodInvestments $255.00K USD 1 Quarter
Income from unconsolidated entity IncomeLossFromEquityMethodInvestments $126.00K USD 1 Quarter
Other income InterestAndOtherIncome $69.00K USD 1 Quarter
Other income InterestAndOtherIncome $9.00K USD 1 Quarter
Loss before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-12.36M USD 1 Quarter
Loss before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-7.93M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $3.00K USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit - USD 1 Quarter
Net loss ProfitLoss $-7.93M USD 1 Quarter
Net loss ProfitLoss $-12.36M USD 1 Quarter
Less: net loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-25.00K USD 1 Quarter
Less: net loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-167.00K USD 1 Quarter
Net loss attributable to controlling interest NetIncomeLoss $-12.34M USD 1 Quarter
Net loss attributable to controlling interest NetIncomeLoss $-7.77M USD 1 Quarter
Net loss per Class T and Class I common share attributable to controlling interest basic and diluted EarningsPerShareBasicAndDiluted $-0.10 USD 1 Quarter
Net loss per Class T and Class I common share attributable to controlling interest basic and diluted EarningsPerShareBasicAndDiluted $-0.16 USD 1 Quarter
Weighted average number of Class T and Class I common shares outstanding basic and diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted 80.30M shares 1 Quarter
Weighted average number of Class T and Class I common shares outstanding basic and diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted 75.11M shares 1 Quarter
Cash Flow Statement 120 line items
Line Item Tag Value Unit Period
Net loss ProfitLoss $-7.93M USD 1 Quarter
Net loss ProfitLoss $-12.36M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $16.08M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $12.53M USD 1 Quarter
Other amortization OtherAmortization $692.00K USD 1 Quarter
Other amortization OtherAmortization $630.00K USD 1 Quarter
Deferred rent StraightLineRentAdjustments $-1.14M USD 1 Quarter
Deferred rent StraightLineRentAdjustments $379.00K USD 1 Quarter
Stock based compensation ShareBasedCompensation $39.00K USD 1 Quarter
Stock based compensation ShareBasedCompensation $43.00K USD 1 Quarter
Income from unconsolidated entity IncomeLossFromEquityMethodInvestments $255.00K USD 1 Quarter
Income from unconsolidated entity IncomeLossFromEquityMethodInvestments $126.00K USD 1 Quarter
Distributions of earnings from unconsolidated entity EquityMethodInvestmentDividendsOrDistributions $16.00K USD 1 Quarter
Distributions of earnings from unconsolidated entity EquityMethodInvestmentDividendsOrDistributions - USD 1 Quarter
Bad debt expense ProvisionForDoubtfulAccounts - USD 1 Quarter
Bad debt expense ProvisionForDoubtfulAccounts $655.00K USD 1 Quarter
Change in fair value of derivative financial instruments IncreaseDecreaseInOtherFinancialInstrumentsUsedInOperatingActivities $-1.98M USD 1 Quarter
Change in fair value of derivative financial instruments IncreaseDecreaseInOtherFinancialInstrumentsUsedInOperatingActivities $-4.61M USD 1 Quarter
Accounts and other receivables IncreaseDecreaseInAccountsAndOtherReceivables $1.33M USD 1 Quarter
Accounts and other receivables IncreaseDecreaseInAccountsAndOtherReceivables $-854.00K USD 1 Quarter
Other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $635.00K USD 1 Quarter
Other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $408.00K USD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $1.11M USD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $1.55M USD 1 Quarter
Accounts payable due to affiliates IncreaseDecreaseInAccountsPayableRelatedParties $41.00K USD 1 Quarter
Accounts payable due to affiliates IncreaseDecreaseInAccountsPayableRelatedParties $35.00K USD 1 Quarter
Security deposits, prepaid rent, operating lease and other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-553.00K USD 1 Quarter
Security deposits, prepaid rent, operating lease and other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-470.00K USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $9.79M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $6.22M USD 1 Quarter
Acquisitions of real estate investments PaymentsToAcquireAndDevelopRealEstate $65.53M USD 1 Quarter
Acquisitions of real estate investments PaymentsToAcquireAndDevelopRealEstate $18.65M USD 1 Quarter
Investment in unconsolidated entity PaymentsToAcquireEquityMethodInvestments - USD 1 Quarter
Investment in unconsolidated entity PaymentsToAcquireEquityMethodInvestments $600.00K USD 1 Quarter
Distributions in excess of earnings from unconsolidated entity ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital - USD 1 Quarter
Distributions in excess of earnings from unconsolidated entity ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $346.00K USD 1 Quarter
Capital expenditures PaymentsToAcquireOtherPropertyPlantAndEquipment $2.77M USD 1 Quarter
Capital expenditures PaymentsToAcquireOtherPropertyPlantAndEquipment $1.61M USD 1 Quarter
Real estate deposits PaymentsForProceedsFromDepositsOnRealEstateAcquisitions - USD 1 Quarter
Real estate deposits PaymentsForProceedsFromDepositsOnRealEstateAcquisitions $400.00K USD 1 Quarter
Pre-acquisition expenses PaymentsforPreacquisitionexpenses - USD 1 Quarter
Pre-acquisition expenses PaymentsforPreacquisitionexpenses $94.00K USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-21.02M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-68.30M USD 1 Quarter
Payments on mortgage loans payable RepaymentsOfSecuredDebt $7.87M USD 1 Quarter
Payments on mortgage loans payable RepaymentsOfSecuredDebt $129.00K USD 1 Quarter
Borrowings under the line of credit and term loans ProceedsFromLinesOfCredit $80.90M USD 1 Quarter
Borrowings under the line of credit and term loans ProceedsFromLinesOfCredit $50.00M USD 1 Quarter
Payments on the line of credit and term loans RepaymentsOfLinesOfCredit $75.00M USD 1 Quarter
Payments on the line of credit and term loans RepaymentsOfLinesOfCredit $4.60M USD 1 Quarter
Deferred financing costs PaymentsOfFinancingCosts $34.00K USD 1 Quarter
Deferred financing costs PaymentsOfFinancingCosts $24.00K USD 1 Quarter
Proceeds from issuance of common stock ProceedsFromIssuanceOfCommonStock - USD 1 Quarter
Proceeds from issuance of common stock ProceedsFromIssuanceOfCommonStock $90.48M USD 1 Quarter
Contribution from noncontrolling interest ProceedsFromMinorityShareholders $1.25M USD 1 Quarter
Contribution from noncontrolling interest ProceedsFromMinorityShareholders - USD 1 Quarter
Contributions from redeemable noncontrolling interest ProceedsfromRedeemableNoncontrollingInterests $1.12M USD 1 Quarter
Contributions from redeemable noncontrolling interest ProceedsfromRedeemableNoncontrollingInterests $151.00K USD 1 Quarter
Distributions to redeemable noncontrolling interests PaymentstoRedeemableNoncontrollingInterest - USD 1 Quarter
Distributions to redeemable noncontrolling interests PaymentstoRedeemableNoncontrollingInterest $25.00K USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $1.27M USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock - USD 1 Quarter
Payment of offering costs PaymentsOfStockIssuanceCosts $14.04M USD 1 Quarter
Payment of offering costs PaymentsOfStockIssuanceCosts $1.66M USD 1 Quarter
Security deposits PaymentsForProceedsFromSecurityDepositsFinancingActivities $-1.00K USD 1 Quarter
Security deposits PaymentsForProceedsFromSecurityDepositsFinancingActivities $10.00K USD 1 Quarter
Distributions paid PaymentsOfDividendsCommonStock $5.56M USD 1 Quarter
Distributions paid PaymentsOfDividendsCommonStock $4.71M USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $63.52M USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $45.47M USD 1 Quarter
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $5.02M USD 1 Quarter
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $30.68M USD 1 Quarter
CASH, CASH EQUIVALENTS AND RESTRICTED CASH Beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $14.59M USD Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH Beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $45.27M USD Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH Beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $20.86M USD Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH Beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $15.85M USD Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH End of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $14.59M USD Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH End of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $45.27M USD Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH End of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $20.86M USD Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH End of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $15.85M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $45.05M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $20.52M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $15.29M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $14.39M USD Point-in-time
Restricted cash at beginning of period RestrictedCash $222.00K USD Point-in-time
Restricted cash at beginning of period RestrictedCash $556.00K USD Point-in-time
Restricted cash at beginning of period RestrictedCash $202.00K USD Point-in-time
Restricted cash at beginning of period RestrictedCash $348.00K USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $45.05M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $20.52M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $15.29M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $14.39M USD Point-in-time
Restricted cash at end of period RestrictedCash $222.00K USD Point-in-time
Restricted cash at end of period RestrictedCash $556.00K USD Point-in-time
Restricted cash at end of period RestrictedCash $202.00K USD Point-in-time
Restricted cash at end of period RestrictedCash $348.00K USD Point-in-time
Interest InterestPaidNet $4.59M USD 1 Quarter
Interest InterestPaidNet $2.81M USD 1 Quarter
Income taxes IncomeTaxesPaid - USD 1 Quarter
Income taxes IncomeTaxesPaid $5.00K USD 1 Quarter
Accrued capital expenditures CapitalExpendituresIncurredButNotYetPaid $4.19M USD 1 Quarter
Accrued capital expenditures CapitalExpendituresIncurredButNotYetPaid $1.90M USD 1 Quarter
Accrued pre-acquisition expenses PreacquisitionexpensesIncurredbutNotyetPaid $193.00K USD 1 Quarter
Accrued pre-acquisition expenses PreacquisitionexpensesIncurredbutNotyetPaid - USD 1 Quarter
Tenant improvement overage TenantImprovementOverage $177.00K USD 1 Quarter
Tenant improvement overage TenantImprovementOverage - USD 1 Quarter
Other assets NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1 $196.00K USD 1 Quarter
Other assets NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1 - USD 1 Quarter
Accounts payable and accrued liabilities NoncashOrPartNoncashAcquisitionPayablesAssumed1 $187.00K USD 1 Quarter
Accounts payable and accrued liabilities NoncashOrPartNoncashAcquisitionPayablesAssumed1 $201.00K USD 1 Quarter
Security deposits and prepaid rent NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1 $11.00K USD 1 Quarter
Security deposits and prepaid rent NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1 $254.00K USD 1 Quarter
Issuance of common stock under the DRIP StockIssued1 $6.44M USD 1 Quarter
Issuance of common stock under the DRIP StockIssued1 $5.87M USD 1 Quarter
Distributions declared but not paid DividendsPayableCurrentAndNoncurrent $4.11M USD Point-in-time
Distributions declared but not paid DividendsPayableCurrentAndNoncurrent $4.00M USD Point-in-time
Accrued Contingent Advisor Payment AccruedContingentAdvisorPayment - USD Point-in-time
Accrued Contingent Advisor Payment AccruedContingentAdvisorPayment $145.00K USD Point-in-time
Accrued stockholder servicing fee Accruedstockholderservicingfee $10.96M USD Point-in-time
Accrued stockholder servicing fee Accruedstockholderservicingfee $17.69M USD Point-in-time
Stockholders Equity 20 line items
Line Item Tag Value Unit Period
Distributions declared per Class T and Class I common share (in usd per share) CommonStockDividendsPerShareDeclared $0.15 USD 1 Quarter
Distributions declared per Class T and Class I common share (in usd per share) CommonStockDividendsPerShareDeclared $0.15 USD 1 Quarter
Net Loss Attributable to Redeemable Noncontrolling Interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $-83.00K USD 1 Quarter
Net Loss Attributable to Redeemable Noncontrolling Interests NetIncomeLossAttributableToRedeemableNoncontrollingInterest $-25.00K USD 1 Quarter
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $577.83M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $590.08M USD Point-in-time
Offering costs - common stock AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts $1.00K USD 1 Quarter
Issuance of common stock under the DRIP, shares StockIssuedDuringPeriodSharesDividendReinvestmentPlan 3.25M shares 12 Qtrs
Issuance of common stock under the DRIP, shares StockIssuedDuringPeriodSharesDividendReinvestmentPlan 5.51M shares 15 Qtrs
Issuance of common stock under the DRIP, shares StockIssuedDuringPeriodSharesDividendReinvestmentPlan 6.19M shares 16 Qtrs
Issuance of common stock under the DRIP StockIssuedDuringPeriodValueDividendReinvestmentPlan $6.44M USD 1 Quarter
Issuance of common stock under the DRIP StockIssuedDuringPeriodValueDividendReinvestmentPlan $31.02M USD 12 Qtrs
Amortization of nonvested common stock compensation AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition $43.00K USD 1 Quarter
Contribution from noncontrolling interest NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance $1.25M USD 1 Quarter
Fair value adjustment to redeemable noncontrolling interests AdjustmentstoAdditionalPaidinCapitalFairValueAdjustmenttoRedeemableNoncontrollingInterests $108.00K USD 1 Quarter
Fair value adjustment to redeemable noncontrolling interests AdjustmentstoAdditionalPaidinCapitalFairValueAdjustmenttoRedeemableNoncontrollingInterests $25.00K USD 1 Quarter
Dividends declared DividendsCommonStockCash $12.02M USD 1 Quarter
Net loss NetIncomeLossincludingPortionAttributabletoNoncontrollingInterestExcludingPreferredStockDividend $-7.85M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $577.83M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $590.08M USD Point-in-time

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

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