VINEBROOK HOMES TRUST, INC.

$ Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000175575524000060 Filed on May 17, 2024

Income Statement

Concept	2024 Q2	2024 Q1	2023 Q4

Balance Sheet

Concept	2024 Q2	2024 Q1	2023 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents	$43.91M	$62.25M	$27.92M
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	$20.52M	$20.52M	$20.52M
YoY Change
Intangibles	$5.321M	$4.758M	$4.045M
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	$3.400B	$3.478B	$3.453B
YoY Change	-7.52%	-7.16%	-9.99%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt			$0.00
YoY Change			-100.0%
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	$2.629B	$2.653B	$2.578B
YoY Change	-3.29%	-3.51%	-5.67%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$255.0K	$253.0K	$252.0K
YoY Change	2.0%	1.61%	1.61%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$271.0M	$325.5M	$384.5M
YoY Change
Total Liabilities & Shareholders Equity	$3.400B	$3.478B	$3.453B
YoY Change	-7.52%	-7.16%	-9.99%

Cashflow Statement

Concept	2024 Q2	2024 Q1	2023 Q4

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024Q1	us-gaap	Other Income OtherIncome	1502000	usd
CY2023Q1	vhti	Property Operating Expenses PropertyOperatingExpenses	17982000	usd
CY2024Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	325455000	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-33099000	usd
CY2024Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	5000000	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	25132484	shares
CY2024Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	25006237	shares
CY2023Q1	us-gaap	Other Income OtherIncome	1608000	usd
CY2024Q1	us-gaap	Revenues Revenues	90285000	usd
CY2023Q1	us-gaap	Revenues Revenues	86105000	usd
CY2024Q1	vhti	Property Operating Expenses PropertyOperatingExpenses	19629000	usd
CY2024Q1	us-gaap	Real Estate Taxes And Insurance RealEstateTaxesAndInsurance	17187000	usd
CY2023Q1	us-gaap	Real Estate Taxes And Insurance RealEstateTaxesAndInsurance	15175000	usd
CY2024Q1	vhti	Property Management Fees PropertyManagementFees	789000	usd
CY2023Q1	vhti	Property Management Fees PropertyManagementFees	6295000	usd
CY2024Q1	vhti	Advisory Fees AdvisoryFees	5259000	usd
CY2023Q1	vhti	Advisory Fees AdvisoryFees	4846000	usd
CY2024Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	21217000	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	8526000	usd
CY2024Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	32056000	usd
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	32840000	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	33304000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	35323000	usd
CY2024Q1	us-gaap	Costs And Expenses CostsAndExpenses	129441000	usd
CY2023Q1	us-gaap	Costs And Expenses CostsAndExpenses	120987000	usd
CY2024Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-1301000	usd
CY2023Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-23000	usd
CY2024Q1	vhti	Gains Losses On Sales And Impairment Of Investment Real Estate GainsLossesOnSalesAndImpairmentOfInvestmentRealEstate	-3887000	usd
CY2023Q1	vhti	Gains Losses On Sales And Impairment Of Investment Real Estate GainsLossesOnSalesAndImpairmentOfInvestmentRealEstate	-15853000	usd
CY2024Q1	us-gaap	Investment Income Net InvestmentIncomeNet	273000	usd
CY2023Q1	us-gaap	Investment Income Net InvestmentIncomeNet	75000	usd
CY2024Q1	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	0	usd
CY2023Q1	us-gaap	Other Operating Income Expense Net OtherOperatingIncomeExpenseNet	-41714000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	-44071000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-92397000	usd
CY2024Q1	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	2207000	usd
CY2023Q1	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	2207000	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-33099000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-77219000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	2773000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax	-9485000	usd
CY2024Q1	vhti	Comprehensive Income Loss Net Of Tax Including Portion Attributable To Noncontrolling Interest Including Dividends ComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterestIncludingDividends	-41298000	usd
CY2023Q1	vhti	Comprehensive Income Loss Net Of Tax Including Portion Attributable To Noncontrolling Interest Including Dividends ComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterestIncludingDividends	-101882000	usd
CY2024Q1	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	2207000	usd
CY2023Q1	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	2207000	usd
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-30743000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-85281000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	25098000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	24607000	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	25098000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	24607000	shares
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-1.32
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-3.14
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-1.32
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-3.14
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	384471000	usd
CY2024Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	5862000	usd
CY2024Q1	us-gaap	Stock Redeemed Or Called During Period Value StockRedeemedOrCalledDuringPeriodValue	1161000	usd
CY2024Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1375000	usd
CY2024Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.5301
CY2024Q1	us-gaap	Dividends Common Stock DividendsCommonStock	13658000	usd
CY2024Q1	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	1513000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	2356000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	621328000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-77219000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	6727000	usd
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	857000	usd
CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.5301
CY2023Q1	us-gaap	Dividends Common Stock DividendsCommonStock	13325000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-8062000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	520342000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	-44071000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-92397000	usd
CY2024Q1	vhti	Gains Losses On Sales And Impairment Of Investment Real Estate GainsLossesOnSalesAndImpairmentOfInvestmentRealEstate	-3887000	usd
CY2023Q1	vhti	Gains Losses On Sales And Impairment Of Investment Real Estate GainsLossesOnSalesAndImpairmentOfInvestmentRealEstate	-15853000	usd
CY2024Q1	vhti	Depreciation And Amortization Excluding Debt Issuance Costs And Discounts DepreciationAndAmortizationExcludingDebtIssuanceCostsAndDiscounts	32056000	usd
CY2023Q1	vhti	Depreciation And Amortization Excluding Debt Issuance Costs And Discounts DepreciationAndAmortizationExcludingDebtIssuanceCostsAndDiscounts	32840000	usd
CY2024Q1	vhti	Non Cash Interest Amortization NonCashInterestAmortization	3799000	usd
CY2023Q1	vhti	Non Cash Interest Amortization NonCashInterestAmortization	2500000	usd
CY2024Q1	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	1223000	usd
CY2023Q1	us-gaap	Unrealized Gain Loss On Derivatives UnrealizedGainLossOnDerivatives	-3845000	usd
CY2024Q1	vhti	Net Cash Received Paid On Derivative Settlements NetCashReceivedPaidOnDerivativeSettlements	0	usd
CY2023Q1	vhti	Net Cash Received Paid On Derivative Settlements NetCashReceivedPaidOnDerivativeSettlements	-7441000	usd
CY2024Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-1301000	usd
CY2023Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-23000	usd
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	5216000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1769000	usd
CY2024Q1	vhti	Miscellaneous Loss Gain Net MiscellaneousLossGainNet	17000	usd
CY2023Q1	vhti	Miscellaneous Loss Gain Net MiscellaneousLossGainNet	-41714000	usd
CY2024Q1	us-gaap	Increase Decrease In Operating Assets IncreaseDecreaseInOperatingAssets	-8880000	usd
CY2023Q1	us-gaap	Increase Decrease In Operating Assets IncreaseDecreaseInOperatingAssets	2571000	usd
CY2024Q1	us-gaap	Increase Decrease In Operating Liabilities IncreaseDecreaseInOperatingLiabilities	-9873000	usd
CY2023Q1	us-gaap	Increase Decrease In Operating Liabilities IncreaseDecreaseInOperatingLiabilities	8125000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-45000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	19142000	usd
CY2024Q1	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	50303000	usd
CY2023Q1	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	14094000	usd
CY2024Q1	us-gaap	Payments For Proceeds From Deposits On Real Estate Acquisitions PaymentsForProceedsFromDepositsOnRealEstateAcquisitions	-45000	usd
CY2023Q1	us-gaap	Payments For Proceeds From Deposits On Real Estate Acquisitions PaymentsForProceedsFromDepositsOnRealEstateAcquisitions	175000	usd
CY2024Q1	us-gaap	Proceeds From Insurance Settlement Investing Activities ProceedsFromInsuranceSettlementInvestingActivities	240000	usd
CY2023Q1	us-gaap	Proceeds From Insurance Settlement Investing Activities ProceedsFromInsuranceSettlementInvestingActivities	264000	usd
CY2024Q1	vhti	Payments For Proceeds From Acquisition Real Estate PaymentsForProceedsFromAcquisitionRealEstate	627000	usd
CY2023Q1	vhti	Payments For Proceeds From Acquisition Real Estate PaymentsForProceedsFromAcquisitionRealEstate	-2976000	usd
CY2024Q1	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	15200000	usd
CY2023Q1	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	55445000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	36015000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-44238000	usd
CY2024Q1	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	303493000	usd
CY2023Q1	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	8825000	usd
CY2024Q1	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	6613000	usd
CY2023Q1	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	1565000	usd
CY2024Q1	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	2759000	usd
CY2023Q1	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	10500000	usd
CY2024Q1	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	287300000	usd
CY2023Q1	us-gaap	Repayments Of Long Term Lines Of Credit RepaymentsOfLongTermLinesOfCredit	0	usd
CY2024Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	4296000	usd
CY2023Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	1681000	usd
CY2024Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	1649000	usd
CY2023Q1	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	17094000	usd
CY2024Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	6864000	usd
CY2023Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	6345000	usd
CY2024Q1	vhti	Payment Proceeds Tax Withholding Share Based Payment Arrangement PaymentProceedsTaxWithholdingShareBasedPaymentArrangement	-237000	usd
CY2023Q1	vhti	Payment Proceeds Tax Withholding Share Based Payment Arrangement PaymentProceedsTaxWithholdingShareBasedPaymentArrangement	0	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-5785000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-7525000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	30185000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-32621000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	85620000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	114749000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	115805000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	82128000	usd
CY2024Q1	us-gaap	Interest Paid Net InterestPaidNet	34626000	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	32167000	usd
CY2024Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	0	usd
CY2023Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	2000	usd
CY2024Q1	vhti	Accrued Distributions To Noncontrolling Interests AccruedDistributionsToNoncontrollingInterests	615000	usd
CY2023Q1	vhti	Accrued Distributions To Noncontrolling Interests AccruedDistributionsToNoncontrollingInterests	322000	usd
CY2024Q1	vhti	Accrued Redemption Payable AccruedRedemptionPayable	1161000	usd
CY2023Q1	vhti	Accrued Redemption Payable AccruedRedemptionPayable	0	usd
CY2024Q1	vhti	Accrued Capital Expenditures AccruedCapitalExpenditures	-77000	usd
CY2023Q1	vhti	Accrued Capital Expenditures AccruedCapitalExpenditures	2116000	usd
CY2024Q1	vhti	Accretion To Redemption Value Of Redeemable Preferred Stock AccretionToRedemptionValueOfRedeemablePreferredStock	176000	usd
CY2023Q1	vhti	Accretion To Redemption Value Of Redeemable Preferred Stock AccretionToRedemptionValueOfRedeemablePreferredStock	176000	usd
CY2024Q1	vhti	Asset Backed Securitization Certificates Noncash Or Partial Noncash Transaction AssetBackedSecuritizationCertificatesNoncashOrPartialNoncashTransaction	71868000	usd
CY2023Q1	vhti	Asset Backed Securitization Certificates Noncash Or Partial Noncash Transaction AssetBackedSecuritizationCertificatesNoncashOrPartialNoncashTransaction	0	usd
CY2024Q1	us-gaap	Stock Issued1 StockIssued1	6434000	usd
CY2023Q1	us-gaap	Stock Issued1 StockIssued1	11774000	usd
CY2024Q1	vhti	Drip Dividends Common Stock DRIPDividendsCommonStock	-6434000	usd
CY2023Q1	vhti	Drip Dividends Common Stock DRIPDividendsCommonStock	-11774000	usd
CY2024Q1	us-gaap	Number Of States In Which Entity Operates NumberOfStatesInWhichEntityOperates	20	state
CY2024Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="margin-top:10pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Basis of Accounting and Use of Estimates</span></div><div style="margin-top:10pt;text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The accompanying unaudited consolidated financial statements are presented in accordance with GAAP and the rules and regulations of the SEC. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent liabilities at the dates of the consolidated financial statements and the amounts of revenues and expenses during the reporting periods. Actual amounts realized or paid could differ from those estimates.</span></div><div style="margin-top:10pt;text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">The accompanying unaudited consolidated financial statements have been prepared according to the rules and regulations of the SEC. Certain information and note disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted according to such rules and regulations, although management believes that the disclosures are adequate to make the information presented not misleading. References to number of properties are unaudited.</span></div>In the opinion of management, all adjustments and eliminations necessary for the fair presentation of the Company’s financial position as of March 31, 2024 and December 31, 2023 and results of operations for the three months ended March 31, 2024 and 2023 have been included. The unaudited information included in these interim financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto for the years ended December 31, 2023 and 2022 included in our Annual Report. The results of operations for the interim periods presented are not necessarily indicative of the results that may be expected for the year ending December 31, 2024, or any other future period.
CY2024Q1	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="margin-top:10pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Reclassifications</span></div><div style="text-align:justify"><span><br/></span></div><div style="text-align:justify;text-indent:27pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:115%">During the period ended March 31, 2024, the Company reclassified certain amounts classified separately as corporate general and administrative expenses of $2.9 million, and property general and administrative expenses of $5.6 million, for the prior period as general and administrative expenses on the consolidated statements of operations and comprehensive income (loss) for the period ended March 31, 2023 to conform to our current presentation.</span></div>
CY2024Q1	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	3200000	usd
CY2022Q1	us-gaap	Other Asset Impairment Charges OtherAssetImpairmentCharges	0	usd
CY2024Q1	us-gaap	Other Asset Impairment Charges OtherAssetImpairmentCharges	0	usd
CY2023Q1	us-gaap	Other Asset Impairment Charges OtherAssetImpairmentCharges	0	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	27917000	usd
CY2024Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	53552000	usd
CY2023Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	33622000	usd
CY2024Q1	us-gaap	Impairment Of Intangible Assets Excluding Goodwill ImpairmentOfIntangibleAssetsExcludingGoodwill	0	usd
CY2024Q1	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0	usd
CY2024Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	62253000	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	48506000	usd
CY2023Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	57703000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	115805000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	82128000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	85620000	usd
CY2024Q1	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	3800000	usd
CY2023Q1	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	2800000	usd
CY2024Q1	us-gaap	Profit Loss ProfitLoss	-44071000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-92397000	usd
CY2024Q1	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	2207000	usd
CY2023Q1	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	2207000	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-33099000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-77219000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	25098000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	24607000	shares
CY2024Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2023Q1	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	0	shares
CY2024Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	25098000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	24607000	shares
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-1.32
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-3.14
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-1.32
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-3.14
CY2024Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	5436000	shares
CY2023Q1	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	4471500	shares
CY2024Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2	segment
CY2024Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2	segment
CY2023Q4	vhti	Real Estate Gross At Carrying Value Including Capitalized Interest Including Held For Sale RealEstateGrossAtCarryingValueIncludingCapitalizedInterestIncludingHeldForSale	3487431000	usd
CY2024Q1	us-gaap	Real Estate Other Acquisitions RealEstateOtherAcquisitions	14597000	usd
CY2024Q1	vhti	Sec Schedule1228 Real Estate Companies Investment In Real Estate Transfers To Held For Sale SECSchedule1228RealEstateCompaniesInvestmentInRealEstateTransfersToHeldForSale	2261000	usd
CY2024Q1	vhti	Sec Schedule1228 Real Estate Companies Investment In Real Estate Write Down Amount SECSchedule1228RealEstateCompaniesInvestmentInRealEstateWriteDownAmount	0	usd
CY2024Q1	us-gaap	Real Estate Other Deductions RealEstateOtherDeductions	49487000	usd
CY2024Q1	vhti	Sec Schedule1228 Real Estate Companies Investment In Real Estate Impairment SECSchedule1228RealEstateCompaniesInvestmentInRealEstateImpairment	4994000	usd
CY2024Q1	vhti	Real Estate Gross At Carrying Value Including Capitalized Interest Including Held For Sale RealEstateGrossAtCarryingValueIncludingCapitalizedInterestIncludingHeldForSale	3445286000	usd
CY2024Q1	us-gaap	Interest Costs Capitalized InterestCostsCapitalized	200000	usd
CY2024Q1	vhti	Capitalized Costs Other CapitalizedCostsOther	-300000	usd
CY2024Q1	us-gaap	Other Depreciation And Amortization OtherDepreciationAndAmortization	500000	usd
CY2024Q1	us-gaap	Depreciation Depreciation	31700000	usd
CY2023Q1	us-gaap	Depreciation Depreciation	31700000	usd
CY2024Q1	vhti	Asset Acquisition Prepaid Deposit Forfeited Upon Termination Of Agreement AssetAcquisitionPrepaidDepositForfeitedUponTerminationOfAgreement	41000000	usd
CY2024Q1	vhti	Impairment Of Real Estate Held For Sale ImpairmentOfRealEstateHeldForSale	3500000	usd
CY2024Q1	vhti	Casualty Related Impairment Of Real Estate CasualtyRelatedImpairmentOfRealEstate	300000	usd
CY2024Q1	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	32700000	usd
CY2024Q1	vhti	Daily Sofr Rate DailySOFRRate	0.053400
CY2024Q1	vhti	Daily Sofr Rate DailySOFRRate	0.053400
CY2024Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	2603584000	usd
CY2023Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	2491194000	usd
CY2024Q1	us-gaap	Debt Instrument Unamortized Premium DebtInstrumentUnamortizedPremium	287000	usd
CY2023Q4	us-gaap	Debt Instrument Unamortized Premium DebtInstrumentUnamortizedPremium	305000	usd
CY2024Q1	us-gaap	Debt Instrument Unamortized Discount DebtInstrumentUnamortizedDiscount	66679000	usd
CY2023Q4	us-gaap	Debt Instrument Unamortized Discount DebtInstrumentUnamortizedDiscount	39115000	usd
CY2024Q1	us-gaap	Accumulated Amortization Deferred Finance Costs AccumulatedAmortizationDeferredFinanceCosts	23369000	usd
CY2023Q4	us-gaap	Accumulated Amortization Deferred Finance Costs AccumulatedAmortizationDeferredFinanceCosts	22796000	usd
CY2024Q1	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	20465000	usd
CY2023Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	18710000	usd
CY2024Q1	us-gaap	Long Term Debt LongTermDebt	2516727000	usd
CY2023Q4	us-gaap	Long Term Debt LongTermDebt	2433674000	usd
CY2024Q1	vhti	Libor Rate LIBORRate	0.053224
CY2024Q1	vhti	Daily Sofr Rate DailySOFRRate	0.053400
CY2024Q1	vhti	Term Sofr Rate TermSOFRRate	0.053287
CY2024Q1	vhti	Debt Instrument Extension Period DebtInstrumentExtensionPeriod	P12M
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Rolling Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths	844216000	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Rolling Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo	328208000	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Rolling Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearThree	108298000	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Rolling Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFour	515384000	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Rolling Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFive	399446000	usd
CY2024Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Rolling After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingAfterYearFive	408032000	usd
CY2024Q1	vhti	Long Term Debt Gross Including Extensions Options LongTermDebtGrossIncludingExtensionsOptions	2603584000	usd
CY2024Q1	vhti	Debt Instrument Extension Period DebtInstrumentExtensionPeriod	P12M
CY2024Q1	us-gaap	Write Off Of Deferred Debt Issuance Cost WriteOffOfDeferredDebtIssuanceCost	1300000	usd
CY2023Q1	us-gaap	Write Off Of Deferred Debt Issuance Cost WriteOffOfDeferredDebtIssuanceCost	100000	usd
CY2024Q1	us-gaap	Assets Held For Sale Long Lived Fair Value Disclosure AssetsHeldForSaleLongLivedFairValueDisclosure	14702000	usd
CY2024Q1	vhti	Stock Issued During Period Discount Rate Dividend Reinvestment Plan StockIssuedDuringPeriodDiscountRateDividendReinvestmentPlan	0.03
CY2024Q1	us-gaap	Stock Issued During Period Shares Dividend Reinvestment Plan StockIssuedDuringPeriodSharesDividendReinvestmentPlan	110120	shares
CY2023Q1	us-gaap	Stock Issued During Period Shares Dividend Reinvestment Plan StockIssuedDuringPeriodSharesDividendReinvestmentPlan	154396	shares
CY2024Q1	us-gaap	Stock Issued During Period Value Dividend Reinvestment Plan StockIssuedDuringPeriodValueDividendReinvestmentPlan	5900000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Dividend Reinvestment Plan StockIssuedDuringPeriodValueDividendReinvestmentPlan	6700000	usd
CY2024Q1	us-gaap	Stock Issued During Period Shares Share Based Compensation StockIssuedDuringPeriodSharesShareBasedCompensation	35814	shares
CY2024Q1	us-gaap	Revenues Revenues	90285000	usd
CY2024Q1	us-gaap	Costs And Expenses CostsAndExpenses	129441000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-44071000	usd
CY2023Q1	us-gaap	Revenues Revenues	86105000	usd
CY2023Q1	us-gaap	Costs And Expenses CostsAndExpenses	120987000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-92397000	usd
CY2024Q1	vhti	Real Estate Investment Property At Cost Excluding Held For Sale RealEstateInvestmentPropertyAtCostExcludingHeldForSale	3412593000	usd
CY2023Q4	vhti	Real Estate Investment Property At Cost Excluding Held For Sale RealEstateInvestmentPropertyAtCostExcludingHeldForSale	3432816000	usd
CY2024Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	304762000	usd
CY2024Q1	vhti	Redemptions By Noncontrolling Interests In Consolidated Vi Es RedemptionsByNoncontrollingInterestsInConsolidatedVIEs	0	usd
CY2024Q1	us-gaap	Unrecognized Tax Benefits UnrecognizedTaxBenefits	0	usd
CY2023Q4	us-gaap	Litigation Settlement Amount Awarded To Other Party LitigationSettlementAmountAwardedToOtherParty	16000000	usd
CY2024Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2	segment
CY2023Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2	segment
CY2023Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	275534000	usd
CY2024Q1	vhti	Real Estate Investment Property Net Excluding Held For Sale RealEstateInvestmentPropertyNetExcludingHeldForSale	3107831000	usd
CY2023Q4	vhti	Real Estate Investment Property Net Excluding Held For Sale RealEstateInvestmentPropertyNetExcludingHeldForSale	3157282000	usd
CY2024Q1	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	32693000	usd
CY2023Q4	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	54615000	usd
CY2024Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	3140524000	usd
CY2023Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	3211897000	usd
CY2024Q1	us-gaap	Other Assets OtherAssets	337323000	usd
CY2023Q4	us-gaap	Other Assets OtherAssets	241443000	usd
CY2024Q1	us-gaap	Assets Assets	3477847000	usd
CY2023Q4	us-gaap	Assets Assets	3453340000	usd
CY2024Q1	us-gaap	Long Term Debt LongTermDebt	2516727000	usd
CY2023Q4	us-gaap	Long Term Debt LongTermDebt	2433674000	usd
CY2024Q1	us-gaap	Other Liabilities OtherLiabilities	136559000	usd
CY2023Q4	us-gaap	Other Liabilities OtherLiabilities	144707000	usd
CY2024Q1	us-gaap	Liabilities Liabilities	2653286000	usd
CY2023Q4	us-gaap	Liabilities Liabilities	2578381000	usd
CY2024Q1	vhti	Investment Company Nav Per Share Fully Diluted InvestmentCompanyNAVPerShareFullyDiluted	57.99
CY2024Q1	vhti	Drip Issuance Discount To Nav DRIPIssuanceDiscountToNAV	0.030

Files In Submission

Name	View Source	Status
0001755755-24-000060-index-headers.html	Edgar Link	pending
0001755755-24-000060-index.html	Edgar Link	pending
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VINEBROOK HOMES TRUST, INC.

2024 Q2 Form 10-Q Financial Statement

#000175575524000060 Filed on May 17, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission