2024 Q2 Form 10-Q Financial Statement
#000158510124000050 Filed on August 14, 2024
Income Statement
Concept | 2024 Q2 |
---|
Balance Sheet
Concept | 2024 Q2 |
---|---|
SHORT-TERM ASSETS | |
Cash & Short-Term Investments | |
YoY Change | |
Cash & Equivalents | $104.4M |
Short-Term Investments | |
Other Short-Term Assets | |
YoY Change | |
Inventory | |
Prepaid Expenses | |
Receivables | |
Other Receivables | |
Total Short-Term Assets | |
YoY Change | |
LONG-TERM ASSETS | |
Property, Plant & Equipment | |
YoY Change | |
Goodwill | |
YoY Change | |
Intangibles | |
YoY Change | |
Long-Term Investments | |
YoY Change | |
Other Assets | |
YoY Change | |
Total Long-Term Assets | |
YoY Change | |
TOTAL ASSETS | |
Total Short-Term Assets | |
Total Long-Term Assets | |
Total Assets | $3.931B |
YoY Change | 4.75% |
SHORT-TERM LIABILITIES | |
YoY Change | |
Accounts Payable | |
YoY Change | |
Accrued Expenses | |
YoY Change | |
Deferred Revenue | |
YoY Change | |
Short-Term Debt | |
YoY Change | |
Long-Term Debt Due | |
YoY Change | |
Total Short-Term Liabilities | |
YoY Change | |
LONG-TERM LIABILITIES | |
Long-Term Debt | |
YoY Change | |
Other Long-Term Liabilities | |
YoY Change | |
Total Long-Term Liabilities | |
YoY Change | |
TOTAL LIABILITIES | |
Total Short-Term Liabilities | |
Total Long-Term Liabilities | |
Total Liabilities | $2.079B |
YoY Change | 21.3% |
SHAREHOLDERS EQUITY | |
Retained Earnings | |
YoY Change | |
Common Stock | $2.543B |
YoY Change | 1.24% |
Preferred Stock | |
YoY Change | |
Treasury Stock (at cost) | |
YoY Change | |
Treasury Stock Shares | |
Shareholders Equity | $1.852B |
YoY Change | |
Total Liabilities & Shareholders Equity | $3.931B |
YoY Change | 4.75% |
Cashflow Statement
Concept | 2024 Q2 |
---|
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
22891000 | usd | |
us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
9748000 | usd | |
CY2023Q4 | us-gaap |
Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
|
24940000 | usd |
CY2023Q4 | us-gaap |
Below Market Lease Net
BelowMarketLeaseNet
|
59074000 | usd |
CY2024Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2024Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
us-gaap |
Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
|
5702000 | usd | |
us-gaap |
Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
|
5481000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-4386000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-8529000 | usd | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
2504000 | usd | |
CY2024Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.06 | |
CY2024Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.06 | |
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.01 | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.01 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.03 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.03 | ||
CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
260380000 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
260380000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
260803000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
260803000 | shares | |
us-gaap |
Profit Loss
ProfitLoss
|
-30618000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
-7606000 | usd | |
hgit |
Depreciation And Amortization1
DepreciationAndAmortization1
|
71013000 | usd | |
hgit |
Depreciation And Amortization1
DepreciationAndAmortization1
|
69394000 | usd | |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
126000 | usd | |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
2158000 | usd | |
us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
6752000 | usd | |
us-gaap |
Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
|
10258000 | usd | |
us-gaap |
Debt Securities Trading Gain Loss
DebtSecuritiesTradingGainLoss
|
-1575000 | usd | |
us-gaap |
Debt Securities Trading Gain Loss
DebtSecuritiesTradingGainLoss
|
6093000 | usd | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
1000000 | usd | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
3363000 | usd | |
hgit |
Increase Decrease In Tenant And Other Receivables
IncreaseDecreaseInTenantAndOtherReceivables
|
6349000 | usd | |
hgit |
Increase Decrease In Tenant And Other Receivables
IncreaseDecreaseInTenantAndOtherReceivables
|
-923000 | usd | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
3270000 | usd | |
us-gaap |
Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
|
-5053000 | usd | |
us-gaap |
Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
|
-22998000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
15872000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
6335000 | usd | |
us-gaap |
Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
|
137857000 | usd | |
us-gaap |
Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
|
74199000 | usd | |
us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
54963000 | usd | |
us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
27165000 | usd | |
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
46189000 | usd | |
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
28496000 | usd | |
us-gaap |
Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
|
19419000 | usd | |
us-gaap |
Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
|
11346000 | usd | |
us-gaap |
Payments For Derivative Instrument Investing Activities
PaymentsForDerivativeInstrumentInvestingActivities
|
14676000 | usd | |
us-gaap |
Payments For Derivative Instrument Investing Activities
PaymentsForDerivativeInstrumentInvestingActivities
|
17320000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-164779000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-88590000 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
109899000 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
192708000 | usd | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
139010000 | usd | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
114754000 | usd | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
4231000 | usd | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
4488000 | usd | |
hgit |
Payment Of Selling Commissions Dealer Manager Fees And Distribution And Stockholder Servicing Fees
PaymentOfSellingCommissionsDealerManagerFeesAndDistributionAndStockholderServicingFees
|
5450000 | usd | |
hgit |
Payment Of Selling Commissions Dealer Manager Fees And Distribution And Stockholder Servicing Fees
PaymentOfSellingCommissionsDealerManagerFeesAndDistributionAndStockholderServicingFees
|
7464000 | usd | |
us-gaap |
Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
|
36012000 | usd | |
us-gaap |
Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
|
35607000 | usd | |
hgit |
Proceeds From Financing Obligations
ProceedsFromFinancingObligations
|
125549000 | usd | |
hgit |
Proceeds From Financing Obligations
ProceedsFromFinancingObligations
|
51349000 | usd | |
hgit |
Payments On Financing Obligations
PaymentsOnFinancingObligations
|
588000 | usd | |
hgit |
Payments On Financing Obligations
PaymentsOnFinancingObligations
|
0 | usd | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
387424000 | usd | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
215504000 | usd | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
287445000 | usd | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
209391000 | usd | |
hgit |
Proceeds From Payments For Security Deposit
ProceedsFromPaymentsForSecurityDeposit
|
139000 | usd | |
hgit |
Proceeds From Payments For Security Deposit
ProceedsFromPaymentsForSecurityDeposit
|
482000 | usd | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
2345000 | usd | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
653000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
147930000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
87686000 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-642000 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
441000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-1619000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
5872000 | usd | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
113773000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
127542000 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
112154000 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
133414000 | usd |
CY2024Q2 | us-gaap |
Number Of Real Estate Properties
NumberOfRealEstateProperties
|
42 | property |
CY2024Q2 | us-gaap |
Area Of Real Estate Property
AreaOfRealEstateProperty
|
18000000.0 | sqft |
hgit |
Asset Acquisition Leased Percentage
AssetAcquisitionLeasedPercentage
|
0.96 | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Use of Estimates</span></div><div><span><br/></span></div><div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company’s condensed consolidated financial statements have been prepared in accordance with GAAP. The preparation of the condensed consolidated financial statements requires the Company to make estimates and judgments that affect the reported amounts of assets, liabilities and contingencies as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. The Company evaluates its assumptions and estimates on an ongoing basis. The Company bases its estimates on historical experience and on various other assumptions that the Company believes to be reasonable under the circumstances. Additionally, application of the Company’s accounting policies involves exercising judgments regarding assumptions as to future uncertainties. Actual results may differ from these estimates under different assumptions or conditions.</span></div> | ||
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Reclassification</span></div>The Company has combined the presentation of its real property taxes and property management fees within the property operating expenses line included in its condensed consolidated statements of operations and comprehensive income (loss) for the three and six months ended June 30, 2024. Additionally, the Company has conformed the presentation of property operating expenses for the three and six months ended June 30, 2023 within this Quarterly Report on Form 10-Q in order to be consistent with the current period presentation. | ||
CY2024Q2 | us-gaap |
Debt Securities Trading Unrealized Gain Loss
DebtSecuritiesTradingUnrealizedGainLoss
|
-372000 | usd |
CY2023Q2 | us-gaap |
Debt Securities Trading Unrealized Gain Loss
DebtSecuritiesTradingUnrealizedGainLoss
|
4689000 | usd |
us-gaap |
Debt Securities Trading Unrealized Gain Loss
DebtSecuritiesTradingUnrealizedGainLoss
|
-2198000 | usd | |
us-gaap |
Debt Securities Trading Unrealized Gain Loss
DebtSecuritiesTradingUnrealizedGainLoss
|
10886000 | usd | |
CY2024Q2 | us-gaap |
Debt Securities Trading Realized Gain Loss
DebtSecuritiesTradingRealizedGainLoss
|
208000 | usd |
CY2023Q2 | us-gaap |
Debt Securities Trading Realized Gain Loss
DebtSecuritiesTradingRealizedGainLoss
|
-659000 | usd |
us-gaap |
Debt Securities Trading Realized Gain Loss
DebtSecuritiesTradingRealizedGainLoss
|
623000 | usd | |
us-gaap |
Debt Securities Trading Realized Gain Loss
DebtSecuritiesTradingRealizedGainLoss
|
-4793000 | usd | |
CY2024Q2 | us-gaap |
Debt Securities Trading Gain Loss
DebtSecuritiesTradingGainLoss
|
-164000 | usd |
CY2023Q2 | us-gaap |
Debt Securities Trading Gain Loss
DebtSecuritiesTradingGainLoss
|
4030000 | usd |
us-gaap |
Debt Securities Trading Gain Loss
DebtSecuritiesTradingGainLoss
|
-1575000 | usd | |
us-gaap |
Debt Securities Trading Gain Loss
DebtSecuritiesTradingGainLoss
|
6093000 | usd | |
CY2024Q2 | us-gaap |
Deferred Rent Receivables Net
DeferredRentReceivablesNet
|
42800000 | usd |
CY2023Q4 | us-gaap |
Deferred Rent Receivables Net
DeferredRentReceivablesNet
|
38000000.0 | usd |
CY2024Q2 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
2412000 | usd |
CY2023Q4 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
1158000 | usd |
CY2024Q2 | us-gaap |
Prepaid Taxes
PrepaidTaxes
|
6055000 | usd |
CY2023Q4 | us-gaap |
Prepaid Taxes
PrepaidTaxes
|
7532000 | usd |
CY2024Q2 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
15221000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
13282000 | usd |
CY2024Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
4012000 | usd |
CY2023Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
4112000 | usd |
CY2024Q2 | us-gaap |
Other Assets Miscellaneous
OtherAssetsMiscellaneous
|
2715000 | usd |
CY2023Q4 | us-gaap |
Other Assets Miscellaneous
OtherAssetsMiscellaneous
|
7707000 | usd |
CY2024Q2 | us-gaap |
Other Assets
OtherAssets
|
30415000 | usd |
CY2023Q4 | us-gaap |
Other Assets
OtherAssets
|
33791000 | usd |
CY2024Q2 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
12200000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
11300000 | usd |
CY2024Q2 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
3206882000 | usd |
CY2023Q4 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
3083595000 | usd |
hgit |
Asset Acquisition Number Of Investment Properties Acquired
AssetAcquisitionNumberOfInvestmentPropertiesAcquired
|
2 | property | |
us-gaap |
Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
|
138700000 | usd | |
CY2024Q2 | us-gaap |
Below Market Lease Gross
BelowMarketLeaseGross
|
81996000 | usd |
CY2024Q2 | us-gaap |
Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
|
27235000 | usd |
CY2024Q2 | us-gaap |
Below Market Lease Net
BelowMarketLeaseNet
|
54761000 | usd |
CY2023Q4 | us-gaap |
Below Market Lease Gross
BelowMarketLeaseGross
|
84014000 | usd |
CY2024Q2 | us-gaap |
Lessor Operating Lease Term Of Contract
LessorOperatingLeaseTermOfContract
|
P15Y | |
CY2024Q2 | us-gaap |
Recovery Of Direct Costs
RecoveryOfDirectCosts
|
10700000 | usd |
us-gaap |
Recovery Of Direct Costs
RecoveryOfDirectCosts
|
22800000 | usd | |
CY2023Q2 | us-gaap |
Recovery Of Direct Costs
RecoveryOfDirectCosts
|
10100000 | usd |
us-gaap |
Recovery Of Direct Costs
RecoveryOfDirectCosts
|
21400000 | usd | |
CY2024Q2 | us-gaap |
Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
|
100329000 | usd |
CY2024Q2 | us-gaap |
Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
|
191644000 | usd |
CY2024Q2 | us-gaap |
Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
|
175285000 | usd |
CY2024Q2 | us-gaap |
Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
|
161889000 | usd |
CY2024Q2 | us-gaap |
Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
|
140622000 | usd |
CY2024Q2 | us-gaap |
Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
|
100565000 | usd |
CY2024Q2 | us-gaap |
Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
|
430755000 | usd |
CY2024Q2 | us-gaap |
Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
|
1301089000 | usd |
CY2024Q2 | hgit |
Notes Payable Including Related Party Gross
NotesPayableIncludingRelatedPartyGross
|
1500000000 | usd |
CY2023Q4 | hgit |
Notes Payable Including Related Party Gross
NotesPayableIncludingRelatedPartyGross
|
1400000000 | usd |
hgit |
Debt Weighted Average Years To Maturity
DebtWeightedAverageYearsToMaturity
|
P1Y1M6D | ||
CY2023 | hgit |
Debt Weighted Average Years To Maturity
DebtWeightedAverageYearsToMaturity
|
P1Y7M6D | |
CY2024Q2 | us-gaap |
Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
|
0.0328 | |
CY2023Q4 | us-gaap |
Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
|
0.0355 | |
CY2024Q2 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
1469338000 | usd |
CY2023Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
1380096000 | usd |
CY2024Q2 | hgit |
Deferred Financing Costs Net Permanent Mortgages
DeferredFinancingCostsNetPermanentMortgages
|
5097000 | usd |
CY2023Q4 | hgit |
Deferred Financing Costs Net Permanent Mortgages
DeferredFinancingCostsNetPermanentMortgages
|
5050000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
1464241000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
1375046000 | usd |
CY2024Q2 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
5400000 | usd |
CY2023Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
5700000 | usd |
CY2024Q2 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1300000 | usd |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
2100000 | usd | |
CY2023Q2 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1000000.0 | usd |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
2100000 | usd | |
CY2024Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
985336000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
42435000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
100736000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
336230000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
625000 | usd |
CY2024Q2 | hgit |
Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
|
3976000 | usd |
us-gaap |
Derivatives Methods Of Accounting Nonhedging Derivatives
DerivativesMethodsOfAccountingNonhedgingDerivatives
|
<div style="text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company has entered into several interest rate swap or cap contracts in connection with certain of its secured mortgage loans and its JPMorgan Credit Facility in order to limit its exposure against the variability of future interest rates on its variable interest rate borrowings. These contracts effectively fix or cap the interest rates on each of the loans to which they relate. The Company has not designated any of these derivatives as hedges for accounting purposes. The Company has not entered into a master netting arrangement with its third-party counterparty and does not offset on its condensed consolidated balance sheets the fair value amount recorded for its derivative instruments. </span></div>The Company has also entered into foreign currency forward contracts as economic hedges against the variability of foreign exchange rates related to certain cash flows of some of its international investments. These forward contracts fixed the currency exchange rates on each of the investments to which they related. The Company did not designate any of these contracts as fair value or cash flow hedges for accounting purposes. | ||
CY2024Q2 | us-gaap |
Derivative Number Of Instruments Held
DerivativeNumberOfInstrumentsHeld
|
26 | instrument |
CY2024Q2 | us-gaap |
Derivative Notional Amount
DerivativeNotionalAmount
|
1598287000 | usd |
CY2024Q2 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
32137000 | usd |
CY2024Q2 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
0 | usd |
CY2023Q4 | us-gaap |
Derivative Number Of Instruments Held
DerivativeNumberOfInstrumentsHeld
|
24 | instrument |
CY2023Q4 | us-gaap |
Derivative Notional Amount
DerivativeNotionalAmount
|
1210493000 | usd |
CY2023Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
27917000 | usd |
CY2023Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
0 | usd |
CY2017Q4 | hgit |
Common Stock Number Of Additional Classes Of Stock
CommonStockNumberOfAdditionalClassesOfStock
|
4 | class |
CY2024Q2 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
18021000 | usd |
CY2024Q2 | us-gaap |
Dividends Stock
DividendsStock
|
20763000 | usd |
CY2024Q2 | us-gaap |
Dividends
Dividends
|
38784000 | usd |
CY2024Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
17994000 | usd |
CY2024Q1 | us-gaap |
Dividends Stock
DividendsStock
|
20547000 | usd |
CY2024Q1 | us-gaap |
Dividends
Dividends
|
38541000 | usd |
us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
36015000 | usd | |
us-gaap |
Dividends Stock
DividendsStock
|
41310000 | usd | |
us-gaap |
Dividends
Dividends
|
77325000 | usd | |
CY2023Q4 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
17878000 | usd |
CY2023Q4 | us-gaap |
Dividends Stock
DividendsStock
|
20458000 | usd |
CY2023Q4 | us-gaap |
Dividends
Dividends
|
38336000 | usd |
CY2023Q3 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
17731000 | usd |
CY2023Q3 | us-gaap |
Dividends Stock
DividendsStock
|
20250000 | usd |
CY2023Q3 | us-gaap |
Dividends
Dividends
|
37981000 | usd |
CY2023Q2 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
18131000 | usd |
CY2023Q2 | us-gaap |
Dividends Stock
DividendsStock
|
19929000 | usd |
CY2023Q2 | us-gaap |
Dividends
Dividends
|
38060000 | usd |
CY2023Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
17752000 | usd |
CY2023Q1 | us-gaap |
Dividends Stock
DividendsStock
|
19615000 | usd |
CY2023Q1 | us-gaap |
Dividends
Dividends
|
37366000 | usd |
CY2023 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
71492000 | usd |
CY2023 | us-gaap |
Dividends Stock
DividendsStock
|
80252000 | usd |
CY2023 | us-gaap |
Dividends
Dividends
|
151743000 | usd |
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
5 | segment | |
CY2024Q2 | us-gaap |
Revenues
Revenues
|
86206000 | usd |
CY2023Q2 | us-gaap |
Revenues
Revenues
|
75717000 | usd |
us-gaap |
Revenues
Revenues
|
171697000 | usd | |
us-gaap |
Revenues
Revenues
|
151834000 | usd | |
CY2024Q2 | hgit |
Property Revenues In Excess Of Expenses
PropertyRevenuesInExcessOfExpenses
|
54831000 | usd |
CY2023Q2 | hgit |
Property Revenues In Excess Of Expenses
PropertyRevenuesInExcessOfExpenses
|
47202000 | usd |
hgit |
Property Revenues In Excess Of Expenses
PropertyRevenuesInExcessOfExpenses
|
106603000 | usd | |
hgit |
Property Revenues In Excess Of Expenses
PropertyRevenuesInExcessOfExpenses
|
94233000 | usd | |
CY2024Q2 | us-gaap |
Assets
Assets
|
3930774000 | usd |
CY2023Q4 | us-gaap |
Assets
Assets
|
3822684000 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
58819000 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
34165000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
817000 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
3366000 | usd | |
hgit |
Dividends Incurred But Not Yet Paid
DividendsIncurredButNotYetPaid
|
12952000 | usd | |
hgit |
Dividends Incurred But Not Yet Paid
DividendsIncurredButNotYetPaid
|
12727000 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
|
41192000 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
|
39276000 | usd | |
hgit |
Redemptions Incurred But Not Yet Paid
RedemptionsIncurredButNotYetPaid
|
22435000 | usd | |
hgit |
Redemptions Incurred But Not Yet Paid
RedemptionsIncurredButNotYetPaid
|
51866000 | usd | |
us-gaap |
Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
|
-907000 | usd | |
us-gaap |
Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
|
-1545000 | usd | |
hgit |
Noncash Offering Costs Payable
NoncashOfferingCostsPayable
|
4155000 | usd | |
hgit |
Noncash Offering Costs Payable
NoncashOfferingCostsPayable
|
4013000 | usd | |
hgit |
Non Cash Selling Commission Dealer Manager Fees And Distribution And Shareholder Fees Payable
NonCashSellingCommissionDealerManagerFeesAndDistributionAndShareholderFeesPayable
|
-161000 | usd | |
hgit |
Non Cash Selling Commission Dealer Manager Fees And Distribution And Shareholder Fees Payable
NonCashSellingCommissionDealerManagerFeesAndDistributionAndShareholderFeesPayable
|
4670000 | usd | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
18436000 | usd | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
1109000 | usd | |
CY2024Q2 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q2 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q2 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2024Q2 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |