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10-Q Filing

American Healthcare REIT, Inc. CIK: 1632970 Q1 2022
Filing Information
Form Type 10-Q
Accession Number 0001632970-22-000045
Period End Date 20220331
Filing Date 20220516
Fiscal Year 2022
Fiscal Period Q1
XBRL Instance gahr-20220331_htm.xml
Filing Contents
Balance Sheet 80 line items
Line Item Tag Value Unit Period
Real estate investments, net RealEstateInvestmentPropertyNet $3.48B USD Point-in-time
Real estate investments, net RealEstateInvestmentPropertyNet $3.51B USD Point-in-time
Debt security investment, net HeldToMaturitySecurities $80.24M USD Point-in-time
Debt security investment, net HeldToMaturitySecurities $79.31M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $75.11M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $81.60M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $90.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $113.21M USD Point-in-time
Restricted cash RestrictedCash $44.05M USD Point-in-time
Restricted cash RestrictedCash $43.89M USD Point-in-time
Restricted cash RestrictedCash $38.98M USD Point-in-time
Restricted cash RestrictedCash $39.71M USD Point-in-time
Accounts and other receivables, net AccountsReceivableNet $122.78M USD Point-in-time
Accounts and other receivables, net AccountsReceivableNet $130.87M USD Point-in-time
Identified intangible assets, net IntangibleAssetsNetExcludingGoodwill $241.14M USD Point-in-time
Identified intangible assets, net IntangibleAssetsNetExcludingGoodwill $248.87M USD Point-in-time
Goodwill Goodwill $209.90M USD Point-in-time
Goodwill Goodwill $211.72M USD Point-in-time
Operating lease right-of-use assets, net OperatingLeaseRightOfUseAsset $158.16M USD Point-in-time
Operating lease right-of-use assets, net OperatingLeaseRightOfUseAsset $154.62M USD Point-in-time
Other assets, net OtherAssets $142.79M USD Point-in-time
Other assets, net OtherAssets $121.15M USD Point-in-time
Total assets Assets $4.58B USD Point-in-time
Total assets Assets $4.56B 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 issued PreferredStockSharesIssued 0.00 shares Point-in-time
Mortgage loans payable, net SecuredDebt $1.10B USD Point-in-time
Mortgage loans payable, net SecuredDebt $912.88M USD Point-in-time
Mortgage loans payable, net SecuredDebt $1.10B USD Point-in-time
Mortgage loans payable, net SecuredDebt $810.48M USD Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Lines of credit and term loans, net LineOfCredit $1.23B USD Point-in-time
Lines of credit and term loans, net LineOfCredit $1.24B 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
Common stock, par value (usd per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $187.25M USD Point-in-time
Accounts payable and accrued liabilities AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $170.76M USD Point-in-time
Accounts payable due to affiliates DueToRelatedPartiesCurrentAndNoncurrent - USD Point-in-time
Common Stock, shares authorized CommonStockSharesAuthorized 1.00B shares Point-in-time
Accounts payable due to affiliates DueToRelatedPartiesCurrentAndNoncurrent $866.00K USD Point-in-time
Identified intangible liabilities, net OffMarketLeaseUnfavorable $12.71M USD Point-in-time
Identified intangible liabilities, net OffMarketLeaseUnfavorable $12.08M USD Point-in-time
Financing obligations FinancingObligations $33.65M USD Point-in-time
Financing obligations FinancingObligations $32.92M USD Point-in-time
Lines of credit and term loans, net LineOfCredit $1.23B USD Point-in-time
Lines of credit and term loans, net LineOfCredit $1.24B USD Point-in-time
Operating lease liabilities OperatingLeaseLiability $142.62M USD Point-in-time
Operating lease liabilities OperatingLeaseLiability $145.49M USD Point-in-time
Security deposits, prepaid rent and other liabilities SecurityDepositsPrepaidRentandOtherLiabilities $48.57M USD Point-in-time
Security deposits, prepaid rent and other liabilities SecurityDepositsPrepaidRentandOtherLiabilities $50.57M USD Point-in-time
Total liabilities Liabilities $2.75B USD Point-in-time
Total liabilities Liabilities $2.75B USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityFairValue $40.34M USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityFairValue $40.38M USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityFairValue $75.27M USD Point-in-time
Redeemable noncontrolling interests RedeemableNoncontrollingInterestEquityFairValue $72.72M 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 $2.53B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $2.54B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-951.30M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-980.61M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.97M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-2.16M USD Point-in-time
Total stockholders equity StockholdersEquity $1.56B USD Point-in-time
Total stockholders equity StockholdersEquity $1.58B USD Point-in-time
Noncontrolling interests MinorityInterest $174.15M USD Point-in-time
Noncontrolling interests MinorityInterest $175.55M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.03B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.73B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.76B USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.02B USD Point-in-time
Total liabilities, redeemable noncontrolling interests and equity LiabilitiesAndStockholdersEquity $4.56B USD Point-in-time
Total liabilities, redeemable noncontrolling interests and equity LiabilitiesAndStockholdersEquity $4.58B USD Point-in-time
Income Statement 62 line items
Line Item Tag Value Unit Period
Resident fees and services RevenueFromContractWithCustomerExcludingAssessedTax $318.97M USD 1 Quarter
Resident fees and services RevenueFromContractWithCustomerExcludingAssessedTax $253.03M USD 1 Quarter
Real estate revenue OperatingLeaseLeaseIncome $51.94M USD 1 Quarter
Real estate revenue OperatingLeaseLeaseIncome $30.02M USD 1 Quarter
Grant income GovernmentGrantIncomeFromCARESAct $5.21M USD 1 Quarter
Grant income GovernmentGrantIncomeFromCARESAct $8.23M USD 1 Quarter
Total revenues and grant income RevenuesandGovernmentGrantIncomeFromCARESAct $291.28M USD 1 Quarter
Total revenues and grant income RevenuesandGovernmentGrantIncomeFromCARESAct $376.13M USD 1 Quarter
Property operating expenses CostOfGoodsAndServicesSold $287.16M USD 1 Quarter
Property operating expenses CostOfGoodsAndServicesSold $245.14M USD 1 Quarter
Rental expenses OperatingLeaseExpense $15.29M USD 1 Quarter
Rental expenses OperatingLeaseExpense $8.05M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $11.12M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $7.26M USD 1 Quarter
Business acquisition expenses BusinessCombinationAcquisitionRelatedCosts $173.00K USD 1 Quarter
Business acquisition expenses BusinessCombinationAcquisitionRelatedCosts $1.25M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $25.72M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $42.31M USD 1 Quarter
Total expenses CostsAndExpenses $356.05M USD 1 Quarter
Total expenses CostsAndExpenses $287.43M USD 1 Quarter
Interest expense (including amortization of deferred financing costs, debt discount/premium and loss on debt extinguishments) InterestExpense $23.32M USD 1 Quarter
Interest expense (including amortization of deferred financing costs, debt discount/premium and loss on debt extinguishments) InterestExpense $20.36M USD 1 Quarter
Gain in fair value of derivative financial instruments GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments $1.82M USD 1 Quarter
Gain in fair value of derivative financial instruments GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments $500.00K USD 1 Quarter
Gain (loss) on dispositions of real estate investments GainsLossesOnSalesOfInvestmentRealEstate $756.00K USD 1 Quarter
Gain (loss) on dispositions of real estate investments GainsLossesOnSalesOfInvestmentRealEstate $-335.00K USD 1 Quarter
Income (loss) from unconsolidated entities IncomeLossFromEquityMethodInvestments $-1.77M USD 1 Quarter
Income (loss) from unconsolidated entities IncomeLossFromEquityMethodInvestments $1.39M USD 1 Quarter
Foreign currency (loss) gain ForeignCurrencyTransactionGainLossBeforeTax $-1.39M USD 1 Quarter
Foreign currency (loss) gain ForeignCurrencyTransactionGainLossBeforeTax $415.00K USD 1 Quarter
Other income InterestAndOtherIncome $1.26M USD 1 Quarter
Other income InterestAndOtherIncome $272.00K USD 1 Quarter
Total net other expense OtherNonoperatingIncomeExpense $-20.81M USD 1 Quarter
Total net other expense OtherNonoperatingIncomeExpense $-19.96M USD 1 Quarter
Loss before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-16.11M USD 1 Quarter
Loss before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-729.00K USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $163.00K USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $168.00K USD 1 Quarter
Net loss ProfitLoss $-897.00K USD 1 Quarter
Net loss ProfitLoss $-16.27M USD 1 Quarter
Net (income) loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-4.43M USD 1 Quarter
Net (income) loss attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $2.06M USD 1 Quarter
Net loss attributable to controlling interest NetIncomeLoss $-2.96M USD 1 Quarter
Net loss attributable to controlling interest NetIncomeLoss $-11.85M USD 1 Quarter
Net loss per Class T and Class I common share attributable to controlling interest basic (in dollars per share) EarningsPerShareBasic $-0.07 USD 1 Quarter
Net loss per Class T and Class I common share attributable to controlling interest basic (in dollars per share) EarningsPerShareBasic $-0.01 USD 1 Quarter
Net loss per Class T and Class I common share attributable to controlling interest diluted (in dollars per share) EarningsPerShareDiluted $-0.01 USD 1 Quarter
Net loss per Class T and Class I common share attributable to controlling interest diluted (in dollars per share) EarningsPerShareDiluted $-0.07 USD 1 Quarter
Weighted average number of Class T and Class I common shares outstanding basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 179.63M shares 1 Quarter
Weighted average number of Class T and Class I common shares outstanding basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 262.52M shares 1 Quarter
Weighted average number of Class T and Class I common shares outstanding diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 179.63M shares 1 Quarter
Weighted average number of Class T and Class I common shares outstanding diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 262.52M shares 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $69.00K USD 1 Quarter
Foreign currency translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $-194.00K USD 1 Quarter
Total other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $69.00K USD 1 Quarter
Total other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTax $-194.00K USD 1 Quarter
Comprehensive loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-1.09M USD 1 Quarter
Comprehensive loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-16.20M USD 1 Quarter
Comprehensive (income) loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-4.43M USD 1 Quarter
Comprehensive (income) loss attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $2.06M USD 1 Quarter
Comprehensive loss attributable to controlling interest ComprehensiveIncomeNetOfTax $-11.78M USD 1 Quarter
Comprehensive loss attributable to controlling interest ComprehensiveIncomeNetOfTax $-3.15M USD 1 Quarter
Cash Flow Statement 133 line items
Line Item Tag Value Unit Period
Net loss ProfitLoss $-897.00K USD 1 Quarter
Net loss ProfitLoss $-16.27M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $42.31M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $25.72M USD 1 Quarter
Other amortization OtherAmortization $5.96M USD 1 Quarter
Other amortization OtherAmortization $6.17M USD 1 Quarter
Deferred rent StraightLineRentAdjustments $-1.02M USD 1 Quarter
Deferred rent StraightLineRentAdjustments $-1.70M USD 1 Quarter
Stock based compensation ShareBasedCompensation $-32.00K USD 1 Quarter
Stock based compensation ShareBasedCompensation $-14.00K USD 1 Quarter
Stock based compensation nonvested restricted common stock AllocatedShareBasedCompensationExpense $27.00K USD 1 Quarter
Stock based compensation nonvested restricted common stock AllocatedShareBasedCompensationExpense $811.00K USD 1 Quarter
(Gain) loss from unconsolidated entities IncomeLossFromEquityMethodInvestments $-1.77M USD 1 Quarter
(Gain) loss from unconsolidated entities IncomeLossFromEquityMethodInvestments $1.39M USD 1 Quarter
(Gain) loss on dispositions of real estate investments GainsLossesOnSalesOfInvestmentRealEstate $756.00K USD 1 Quarter
(Gain) loss on dispositions of real estate investments GainsLossesOnSalesOfInvestmentRealEstate $-335.00K USD 1 Quarter
Foreign currency loss (gain) ForeignCurrencyTransactionGainLossUnrealized $416.00K USD 1 Quarter
Foreign currency loss (gain) ForeignCurrencyTransactionGainLossUnrealized $-1.33M USD 1 Quarter
Loss on extinguishments of debt GainsLossesOnExtinguishmentOfDebt $-4.59M USD 1 Quarter
Loss on extinguishments of debt GainsLossesOnExtinguishmentOfDebt $-2.29M USD 1 Quarter
Change in fair value of derivative financial instruments IncreaseDecreaseInOtherFinancialInstrumentsUsedInOperatingActivities $500.00K USD 1 Quarter
Change in fair value of derivative financial instruments IncreaseDecreaseInOtherFinancialInstrumentsUsedInOperatingActivities $1.82M USD 1 Quarter
Accounts and other receivables IncreaseDecreaseInAccountsAndOtherReceivables $8.30M USD 1 Quarter
Accounts and other receivables IncreaseDecreaseInAccountsAndOtherReceivables $-3.20M USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $1.43M USD 1 Quarter
Other assets IncreaseDecreaseInOtherOperatingAssets $4.44M USD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-10.89M USD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-7.88M USD 1 Quarter
Accounts payable due to affiliates IncreaseDecreaseInAccountsPayableRelatedParties $-184.00K USD 1 Quarter
Accounts payable due to affiliates IncreaseDecreaseInAccountsPayableRelatedParties $-5.16M USD 1 Quarter
Operating lease liabilities OperatingLeasePayments $4.36M USD 1 Quarter
Operating lease liabilities OperatingLeasePayments $4.60M USD 1 Quarter
Security deposits, prepaid rent and other liabilities IncreaseDecreaseInSecurityDepositsPrepaidRentAndOtherLiabilities $161.00K USD 1 Quarter
Security deposits, prepaid rent and other liabilities IncreaseDecreaseInSecurityDepositsPrepaidRentAndOtherLiabilities $5.19M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $22.36M USD 1 Quarter
Net cash provided by (used in) operating activities NetCashProvidedByUsedInOperatingActivities $-5.25M USD 1 Quarter
Developments and capital expenditures PaymentsToDevelopRealEstateAssetsAndPaymentsForCapitalExpenditures $20.86M USD 1 Quarter
Developments and capital expenditures PaymentsToDevelopRealEstateAssetsAndPaymentsForCapitalExpenditures $29.20M USD 1 Quarter
Acquisitions of real estate investments PaymentsToAcquireRealEstate $19.88M USD 1 Quarter
Acquisitions of real estate investments PaymentsToAcquireRealEstate $78.54M USD 1 Quarter
Proceeds from dispositions of real estate investments ProceedsFromSaleOfRealEstateHeldforinvestment $1.25M USD 1 Quarter
Proceeds from dispositions of real estate investments ProceedsFromSaleOfRealEstateHeldforinvestment $14.07M USD 1 Quarter
Investments in unconsolidated entities PaymentsToAcquireEquityMethodInvestments $200.00K USD 1 Quarter
Investments in unconsolidated entities PaymentsToAcquireEquityMethodInvestments $325.00K USD 1 Quarter
Real estate and other deposits PaymentsForProceedsFromDepositsOnRealEstateAcquisitions $507.00K USD 1 Quarter
Real estate and other deposits PaymentsForProceedsFromDepositsOnRealEstateAcquisitions $26.00K USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-106.84M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-27.37M USD 1 Quarter
Borrowings under mortgage loans payable ProceedsFromSecuredNotesPayable $22.49M USD 1 Quarter
Borrowings under mortgage loans payable ProceedsFromSecuredNotesPayable $104.09M USD 1 Quarter
Payments on mortgage loans payable RepaymentsOfSecuredDebt $3.48M USD 1 Quarter
Payments on mortgage loans payable RepaymentsOfSecuredDebt $4.54M USD 1 Quarter
Borrowings under the lines of credit and term loan ProceedsFromLinesOfCredit $16.60M USD 1 Quarter
Borrowings under the lines of credit and term loan ProceedsFromLinesOfCredit $941.40M USD 1 Quarter
Payments on the lines of credit and term loan RepaymentsOfLinesOfCredit $18.00M USD 1 Quarter
Payments on the lines of credit and term loan RepaymentsOfLinesOfCredit $928.90M USD 1 Quarter
Deferred financing costs PaymentsOfFinancingCosts $799.00K USD 1 Quarter
Deferred financing costs PaymentsOfFinancingCosts $4.80M USD 1 Quarter
Debt extinguishment costs PaymentsOfDebtExtinguishmentCosts $2.79M USD 1 Quarter
Debt extinguishment costs PaymentsOfDebtExtinguishmentCosts $125.00K USD 1 Quarter
Payments on financing obligations PaymentsOnFinancingObligations $8.48M USD 1 Quarter
Payments on financing obligations PaymentsOnFinancingObligations $787.00K USD 1 Quarter
Distributions paid to common stockholders PaymentsOfDividendsCommonStock $15.01M USD 1 Quarter
Distributions paid to common stockholders PaymentsOfDividendsCommonStock - USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock - USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $4.13M USD 1 Quarter
Distributions to noncontrolling interests in total equity PaymentsOfDividendsMinorityInterest $172.00K USD 1 Quarter
Distributions to noncontrolling interests in total equity PaymentsOfDividendsMinorityInterest $3.51M USD 1 Quarter
Contribution from redeemable noncontrolling interest Proceedsfromredeemablenoncontrollinginterest $173.00K USD 1 Quarter
Contribution from redeemable noncontrolling interest Proceedsfromredeemablenoncontrollinginterest - USD 1 Quarter
Distributions to redeemable noncontrolling interests PaymentstoRedeemableNoncontrollingInterest - USD 1 Quarter
Distributions to redeemable noncontrolling interests PaymentstoRedeemableNoncontrollingInterest $695.00K USD 1 Quarter
Security deposits and other Increasedecreaseinsecuritydepositsandother $-208.00K USD 1 Quarter
Security deposits and other Increasedecreaseinsecuritydepositsandother $-30.00K USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-1.31M USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $89.61M USD 1 Quarter
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-22.49M USD 1 Quarter
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-6.31M USD 1 Quarter
EFFECT OF FOREIGN CURRENCY TRANSLATION ON CASH, CASH EQUIVALENTS AND RESTRICTED CASH EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-2.00K USD 1 Quarter
EFFECT OF FOREIGN CURRENCY TRANSLATION ON CASH, CASH EQUIVALENTS AND RESTRICTED CASH EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $7.00K USD 1 Quarter
CASH, CASH EQUIVALENTS AND RESTRICTED CASH Beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $119.17M USD Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH Beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $125.49M USD Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH Beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $152.19M USD Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH Beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $129.71M USD Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH End of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $119.17M USD Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH End of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $125.49M USD Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH End of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $152.19M USD Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH End of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $129.71M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $75.11M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $81.60M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $90.00M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $113.21M USD Point-in-time
Restricted cash at beginning of period RestrictedCash $44.05M USD Point-in-time
Restricted cash at beginning of period RestrictedCash $43.89M USD Point-in-time
Restricted cash at beginning of period RestrictedCash $38.98M USD Point-in-time
Restricted cash at beginning of period RestrictedCash $39.71M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $75.11M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $81.60M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $90.00M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $113.21M USD Point-in-time
Restricted cash at end of period RestrictedCash $44.05M USD Point-in-time
Restricted cash at end of period RestrictedCash $43.89M USD Point-in-time
Restricted cash at end of period RestrictedCash $38.98M USD Point-in-time
Restricted cash at end of period RestrictedCash $39.71M USD Point-in-time
Cash paid for: Interest InterestPaidNet $16.08M USD 1 Quarter
Cash paid for: Interest InterestPaidNet $18.92M USD 1 Quarter
Cash paid for: Income taxes IncomeTaxesPaid $191.00K USD 1 Quarter
Cash paid for: Income taxes IncomeTaxesPaid $169.00K USD 1 Quarter
Accrued developments and capital expenditures DevelopmentsAndCapitalExpendituresIncurredButNotYetPaid $16.02M USD 1 Quarter
Accrued developments and capital expenditures DevelopmentsAndCapitalExpendituresIncurredButNotYetPaid $14.75M USD 1 Quarter
Tenant improvement overage TenantImprovementOverage $223.00K USD 1 Quarter
Tenant improvement overage TenantImprovementOverage $41.00K USD 1 Quarter
Issuance of common stock under the DRIP StockIssued1 $11.30M USD 1 Quarter
Issuance of common stock under the DRIP StockIssued1 - USD 1 Quarter
Distributions declared but not paid to common stockholders DividendsPayableCurrentAndNoncurrent - USD Point-in-time
Distributions declared but not paid to common stockholders DividendsPayableCurrentAndNoncurrent $8.77M USD Point-in-time
Distributions declared but not paid to common stockholders DividendsPayableCurrentAndNoncurrent $8.79M USD Point-in-time
Distributions declared but not paid limited partnership units DistributionsDeclaredButNotYetPaidToLimitedPartnershipUnits $467.00K USD Point-in-time
Distributions declared but not paid limited partnership units DistributionsDeclaredButNotYetPaidToLimitedPartnershipUnits - USD Point-in-time
Capital expenditures from financing obligations FinanceLeasesequipmentandautoobligationsincurred - USD 1 Quarter
Capital expenditures from financing obligations FinanceLeasesequipmentandautoobligationsincurred $136.00K USD 1 Quarter
Accounts and other receivables NoncashOrPartNoncashAcquisitionAndDisposalsAccountsAndOtherReceivablesAssumed $4.00K USD 1 Quarter
Accounts and other receivables NoncashOrPartNoncashAcquisitionAndDisposalsAccountsAndOtherReceivablesAssumed $-173.00K USD 1 Quarter
Other assets, net NoncashorPartNoncashAcquisitionsandDisposalsIncreaseDecreaseinOtherAssets $5.02M USD 1 Quarter
Other assets, net NoncashorPartNoncashAcquisitionsandDisposalsIncreaseDecreaseinOtherAssets $-190.00K USD 1 Quarter
Mortgage loan payable, net NoncashOrPartNoncashAcquisitionAndDisposalsMortgageLoansPayableAssumed - USD 1 Quarter
Mortgage loan payable, net NoncashOrPartNoncashAcquisitionAndDisposalsMortgageLoansPayableAssumed $-12.06M USD 1 Quarter
Accounts payable and accrued liabilities NoncashOrPartNoncashAcquisitionAndDisposalsPayablesAssumed $-21.00K USD 1 Quarter
Accounts payable and accrued liabilities NoncashOrPartNoncashAcquisitionAndDisposalsPayablesAssumed - USD 1 Quarter
Financing obligations NoncashOrPartNoncashAcquisitionAndDisposalsFinancingObligationsAssumed $56.00K USD 1 Quarter
Financing obligations NoncashOrPartNoncashAcquisitionAndDisposalsFinancingObligationsAssumed - USD 1 Quarter
Security deposits NoncashOrPartNoncashAcquisitionAndDisposalsSecurityDepositsPrepaidRentAndOtherLiabilitiesAssumed $7.75M USD 1 Quarter
Security deposits NoncashOrPartNoncashAcquisitionAndDisposalsSecurityDepositsPrepaidRentAndOtherLiabilitiesAssumed - USD 1 Quarter
Stockholders Equity 32 line items
Line Item Tag Value Unit Period
Distribution per share (in usd per share) CommonStockDividendsPerShareDeclared $0.10 USD 1 Quarter
Net income (loss) attributable to redeemable noncontrolling interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest $187.00K USD 1 Quarter
Net income (loss) attributable to redeemable noncontrolling interest NetIncomeLossAttributableToRedeemableNoncontrollingInterest $-484.00K USD 1 Quarter
Beginning balance Stockholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.03B USD Point-in-time
Beginning balance Stockholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.73B USD Point-in-time
Beginning balance Stockholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.76B USD Point-in-time
Beginning balance Stockholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.02B USD Point-in-time
Offering costs common stock AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts $3.00K USD 1 Quarter
Offering costs common stock AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts $1.00K USD 1 Quarter
Issuance of common stock under the DRIP StockIssuedDuringPeriodValueDividendReinvestmentPlan $11.30M USD 1 Quarter
Amortization of nonvested common stock compensation AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition $811.00K USD 1 Quarter
Amortization of nonvested common stock compensation AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition $27.00K USD 1 Quarter
Stock based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $-14.00K USD 1 Quarter
Stock based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $21.00K USD 1 Quarter
Repurchase of common stock StockRepurchasedDuringPeriodValue $4.13M USD 1 Quarter
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $176.00K USD 1 Quarter
Distributions to noncontrolling interests MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders $3.52M USD 1 Quarter
Adjustment to noncontrolling interest in connection with the Merger NoncontrollingInterestIncreaseFromBusinessCombination - USD 1 Quarter
Reclassification of noncontrolling interests to mezzanine equity ReclassificationofNoncontrollingInterest $-21.00K USD 1 Quarter
Reclassification of noncontrolling interests to mezzanine equity ReclassificationofNoncontrollingInterest - USD 1 Quarter
Adjustment to value of redeemable noncontrolling interests AdjustmentsToAdditionalPaidInCapitalAdjustmentToRedeemableNoncontrollingInterests $2.86M USD 1 Quarter
Adjustment to value of redeemable noncontrolling interests AdjustmentsToAdditionalPaidInCapitalAdjustmentToRedeemableNoncontrollingInterests $526.00K USD 1 Quarter
Distributions declared DividendsCommonStock $26.35M USD 1 Quarter
Net (loss) income NetIncomeLossincludingPortionAttributabletoNoncontrollingInterestExcludingPreferredStockDividend $-1.08M USD 1 Quarter
Net (loss) income NetIncomeLossincludingPortionAttributabletoNoncontrollingInterestExcludingPreferredStockDividend $-15.79M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $69.00K USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-194.00K USD 1 Quarter
Ending balance Stockholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.03B USD Point-in-time
Ending balance Stockholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.73B USD Point-in-time
Ending balance Stockholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.76B USD Point-in-time
Ending balance Stockholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $1.02B USD Point-in-time
Distribution per share (in usd per share) CommonStockDividendsPerShareDeclared $0.10 USD 1 Quarter

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

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