2024 Q3 Form 10-Q Financial Statement

#000175575524000069 Filed on August 09, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2 2023 Q2

Balance Sheet

Concept 2024 Q3 2024 Q2 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $43.91M $27.01M
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
YoY Change
Intangibles $5.321M
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 $3.677B
YoY Change -7.52% 21.78%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $57.52M
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 $2.629B $2.718B
YoY Change -3.29% 44.91%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $255.0K $250.0K
YoY Change 2.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $271.0M $479.0M
YoY Change
Total Liabilities & Shareholders Equity $3.400B $3.677B
YoY Change -7.52% 21.78%

Cashflow Statement

Concept 2024 Q3 2024 Q2 2023 Q2

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
4237000 usd
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
4414000 usd
CY2023Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
22796000 usd
CY2023Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
18710000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
2433674000 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2024Q2 us-gaap Costs And Expenses
CostsAndExpenses
126635000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
-38633000 usd
CY2023Q2 us-gaap Revenues
Revenues
88643000 usd
CY2023Q2 us-gaap Costs And Expenses
CostsAndExpenses
122818000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-48972000 usd
us-gaap Revenues
Revenues
182030000 usd
us-gaap Costs And Expenses
CostsAndExpenses
256076000 usd
us-gaap Net Income Loss
NetIncomeLoss
-82704000 usd
us-gaap Revenues
Revenues
174748000 usd
us-gaap Costs And Expenses
CostsAndExpenses
243805000 usd
us-gaap Net Income Loss
NetIncomeLoss
-141369000 usd
CY2024Q2 vhti Real Estate Investment Property At Cost Excluding Held For Sale
RealEstateInvestmentPropertyAtCostExcludingHeldForSale
3374515000 usd
CY2023Q4 vhti Real Estate Investment Property At Cost Excluding Held For Sale
RealEstateInvestmentPropertyAtCostExcludingHeldForSale
3432816000 usd
CY2024Q2 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
328757000 usd
CY2023Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
275534000 usd
CY2024Q2 vhti Real Estate Investment Property Net Excluding Held For Sale
RealEstateInvestmentPropertyNetExcludingHeldForSale
3045758000 usd
CY2023Q4 vhti Real Estate Investment Property Net Excluding Held For Sale
RealEstateInvestmentPropertyNetExcludingHeldForSale
3157282000 usd
CY2024Q2 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
38141000 usd
CY2023Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
54615000 usd
CY2024Q2 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
3083899000 usd
CY2023Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
3211897000 usd
CY2024Q2 us-gaap Other Assets
OtherAssets
316373000 usd
CY2023Q4 us-gaap Other Assets
OtherAssets
241443000 usd
CY2024Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
4996000 shares
CY2024Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
4996000 shares
CY2024Q2 us-gaap Profit Loss
ProfitLoss
-38633000 usd
CY2023Q2 us-gaap Profit Loss
ProfitLoss
-48972000 usd
us-gaap Profit Loss
ProfitLoss
-82704000 usd
us-gaap Profit Loss
ProfitLoss
-141369000 usd
CY2024Q2 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
2030000 usd
CY2023Q2 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
2207000 usd
CY2024Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-28106000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-38350000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-61205000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-115569000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-6005000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
15619000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-3232000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
6134000 usd
CY2024Q2 vhti Comprehensive Income Loss Net Of Tax Including Portion Attributable To Noncontrolling Interest Including Dividends
ComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterestIncludingDividends
-44638000 usd
CY2023Q2 vhti Comprehensive Income Loss Net Of Tax Including Portion Attributable To Noncontrolling Interest Including Dividends
ComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterestIncludingDividends
-33353000 usd
vhti Comprehensive Income Loss Net Of Tax Including Portion Attributable To Noncontrolling Interest Including Dividends
ComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterestIncludingDividends
-85936000 usd
vhti Comprehensive Income Loss Net Of Tax Including Portion Attributable To Noncontrolling Interest Including Dividends
ComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterestIncludingDividends
-135235000 usd
CY2024Q2 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
2030000 usd
CY2023Q2 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
2207000 usd
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
4237000 usd
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
4414000 usd
CY2024Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-33210000 usd
CY2023Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-25074000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-63953000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-110355000 usd
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25235000 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24779000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25167000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24636000 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25235000 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24779000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25167000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24636000 shares
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.11
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.55
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.43
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-4.69
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.11
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.55
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.43
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-4.69
CY2024Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
325455000 usd
CY2024Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-28106000 usd
CY2024Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
5535000 usd
CY2024Q2 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
1455000 usd
CY2024Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1534000 usd
CY2024Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.5301
CY2024Q2 us-gaap Dividends Common Stock
DividendsCommonStock
13762000 usd
CY2024Q2 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
1513000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-5104000 usd
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
270982000 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
384471000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-61205000 usd
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
11397000 usd
us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
2616000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2909000 usd
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.0602
us-gaap Dividends Common Stock
DividendsCommonStock
27420000 usd
us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
3026000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-2748000 usd
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
270982000 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
520342000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-38350000 usd
CY2023Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
5764000 usd
CY2023Q2 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
180000 usd
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1225000 usd
CY2024Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.5301
CY2023Q2 us-gaap Dividends Common Stock
DividendsCommonStock
13428000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
13276000 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
479030000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
621328000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-115569000 usd
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
12491000 usd
us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
180000 usd
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2082000 usd
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.0602
us-gaap Dividends Common Stock
DividendsCommonStock
26753000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
5214000 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
479030000 usd
us-gaap Profit Loss
ProfitLoss
-82704000 usd
us-gaap Profit Loss
ProfitLoss
-141369000 usd
vhti Gains Losses On Sales And Impairment Of Investment Real Estate
GainsLossesOnSalesAndImpairmentOfInvestmentRealEstate
-9121000 usd
vhti Gains Losses On Sales And Impairment Of Investment Real Estate
GainsLossesOnSalesAndImpairmentOfInvestmentRealEstate
-30454000 usd
vhti Depreciation And Amortization Excluding Debt Issuance Costs And Discounts
DepreciationAndAmortizationExcludingDebtIssuanceCostsAndDiscounts
63434000 usd
vhti Depreciation And Amortization Excluding Debt Issuance Costs And Discounts
DepreciationAndAmortizationExcludingDebtIssuanceCostsAndDiscounts
64920000 usd
vhti Non Cash Interest Expense
NonCashInterestExpense
8527000 usd
vhti Non Cash Interest Expense
NonCashInterestExpense
5728000 usd
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-255000 usd
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
0 usd
vhti Net Cash Received Paid On Derivative Settlements
NetCashReceivedPaidOnDerivativeSettlements
0 usd
vhti Net Cash Received Paid On Derivative Settlements
NetCashReceivedPaidOnDerivativeSettlements
-2419000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-1374000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-112000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
10453000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
5877000 usd
vhti Miscellaneous Loss Gain Net
MiscellaneousLossGainNet
0 usd
vhti Miscellaneous Loss Gain Net
MiscellaneousLossGainNet
-41910000 usd
us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
-1486000 usd
us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
4306000 usd
us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
-3552000 usd
us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
9649000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
8394000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
15394000 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
84346000 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
63077000 usd
us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
-76000 usd
us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
10000 usd
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
695000 usd
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
1348000 usd
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
28038000 usd
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
87420000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
57079000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-23005000 usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
303923000 usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
10722000 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
26704000 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
6226000 usd
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
2759000 usd
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
13749000 usd
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
305129000 usd
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
13219000 usd
vhti Bridge Facilities Proceeds Received
BridgeFacilitiesProceedsReceived
0 usd
vhti Bridge Facilities Proceeds Received
BridgeFacilitiesProceedsReceived
25000000 usd
vhti Repayments Of Short Term Lines Of Credit
RepaymentsOfShortTermLinesOfCredit
0 usd
vhti Repayments Of Short Term Lines Of Credit
RepaymentsOfShortTermLinesOfCredit
41805000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
4667000 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
2232000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
3104000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
17274000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
14081000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
12827000 usd
vhti Payment Proceeds Tax Withholding Share Based Payment Arrangement
PaymentProceedsTaxWithholdingShareBasedPaymentArrangement
1187000 usd
vhti Payment Proceeds Tax Withholding Share Based Payment Arrangement
PaymentProceedsTaxWithholdingShareBasedPaymentArrangement
0 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-56249000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-44391000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
9224000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-52002000 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
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
94844000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
62747000 usd
us-gaap Interest Paid Net
InterestPaidNet
68374000 usd
us-gaap Interest Paid Net
InterestPaidNet
69517000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
0 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
652000 usd
vhti Noncash Accrued Insurance Proceeds
NoncashAccruedInsuranceProceeds
0 usd
vhti Noncash Accrued Insurance Proceeds
NoncashAccruedInsuranceProceeds
7382000 usd
vhti Accrued Distributions To Noncontrolling Interests
AccruedDistributionsToNoncontrollingInterests
1231000 usd
vhti Accrued Distributions To Noncontrolling Interests
AccruedDistributionsToNoncontrollingInterests
700000 usd
vhti Accrued Redemption Payable
AccruedRedemptionPayable
2616000 usd
vhti Accrued Redemption Payable
AccruedRedemptionPayable
180000 usd
vhti Accrued Capital Expenditures
AccruedCapitalExpenditures
0 usd
vhti Accrued Capital Expenditures
AccruedCapitalExpenditures
347000 usd
vhti Accretion To Redemption Value Of Redeemable Preferred Stock
AccretionToRedemptionValueOfRedeemablePreferredStock
176000 usd
vhti Accretion To Redemption Value Of Redeemable Preferred Stock
AccretionToRedemptionValueOfRedeemablePreferredStock
351000 usd
vhti Asset Backed Securitization Certificates Noncash Or Partial Noncash Transaction
AssetBackedSecuritizationCertificatesNoncashOrPartialNoncashTransaction
71868000 usd
vhti Asset Backed Securitization Certificates Noncash Or Partial Noncash Transaction
AssetBackedSecuritizationCertificatesNoncashOrPartialNoncashTransaction
0 usd
vhti Write Off Of Fully Amortized Debt Issuance Costs
WriteOffOfFullyAmortizedDebtIssuanceCosts
1965000 usd
vhti Write Off Of Fully Amortized Debt Issuance Costs
WriteOffOfFullyAmortizedDebtIssuanceCosts
0 usd
us-gaap Stock Issued1
StockIssued1
12588000 usd
us-gaap Stock Issued1
StockIssued1
13364000 usd
vhti Drip Dividends Common Stock
DRIPDividendsCommonStock
-12588000 usd
vhti Drip Dividends Common Stock
DRIPDividendsCommonStock
-13364000 usd
CY2024Q2 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
20 state
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%">Readers of this Form 10-Q should refer to the audited financial statements and notes to consolidated financial statements of the Company for the year ended December 31, 2023, which are included in our Annual Report, filed with the SEC on April 1, 2024, since we have omitted from this Quarterly Report certain footnote disclosures which would substantially duplicate those contained in such audited financial statements. You should also refer to Note 2, Summary of Significant Accounting Policies, in the notes to consolidated financial statements in our 2023 Annual Report for further discussion of our significant accounting policies and 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:120%">In the opinion of management, all adjustments and eliminations necessary for the fair presentation of the Company’s financial position as of June 30, 2024 and December 31, 2023 and results of operations for the three and six months ended June 30, 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.</span></div>
CY2023Q2 vhti Asset Acquisition Prepaid Deposit Forfeited Upon Termination Of Agreement
AssetAcquisitionPrepaidDepositForfeitedUponTerminationOfAgreement
41000000 usd
CY2024Q2 vhti Impairment Of Real Estate Held For Sale
ImpairmentOfRealEstateHeldForSale
4400000 usd
vhti Impairment Of Real Estate Held For Sale
ImpairmentOfRealEstateHeldForSale
8700000 usd
CY2024Q2 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
38100000 usd
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 June 30, 2024, the Company combined certain amounts classified separately as corporate general and administrative expenses of $10.3 million, and property general and administrative expenses of $12.2 million, for the prior period as general and administrative expenses on the consolidated statements of operations and comprehensive income (loss) for the period ended June 30, 2024 to conform to our current presentation.</span></div>
CY2024Q2 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
4400000 usd
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
8700000 usd
CY2023Q2 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
14200000 usd
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
27300000 usd
CY2024Q2 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
0 usd
us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
0 usd
us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 usd
CY2024Q2 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
0 usd
CY2024Q2 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2024Q2 us-gaap Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
79000000 usd
CY2024Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
43913000 usd
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
27009000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
27917000 usd
CY2024Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
50931000 usd
CY2023Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
35738000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
57703000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
94844000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
62747000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
85620000 usd
CY2024Q2 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
4000000.0 usd
CY2023Q2 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
3300000 usd
us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
7800000 usd
us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
6100000 usd
CY2024Q2 us-gaap Profit Loss
ProfitLoss
-38633000 usd
CY2023Q2 us-gaap Profit Loss
ProfitLoss
-48972000 usd
us-gaap Profit Loss
ProfitLoss
-82704000 usd
us-gaap Profit Loss
ProfitLoss
-141369000 usd
CY2024Q2 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
2030000 usd
CY2023Q2 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
2207000 usd
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
4237000 usd
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
4414000 usd
CY2024Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-28106000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-38350000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-61205000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-115569000 usd
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25235000 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24779000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25167000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24636000 shares
CY2024Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2023Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25235000 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24779000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25167000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24636000 shares
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.11
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.55
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-2.43
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-4.69
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.11
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.55
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-2.43
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-4.69
CY2024Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5322555 shares
CY2023Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4566000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5374706 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4576000 shares
CY2023Q4 vhti Real Estate Gross At Carrying Value Including Capitalized Interest Including Held For Sale
RealEstateGrossAtCarryingValueIncludingCapitalizedInterestIncludingHeldForSale
3487431000 usd
us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
31573000 usd
vhti Sec Schedule1228 Real Estate Companies Investment In Real Estate Transfers To Held For Sale
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateTransfersToHeldForSale
5703000 usd
vhti Sec Schedule1228 Real Estate Companies Investment In Real Estate Reclasses
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateReclasses
29000 usd
us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
90859000 usd
vhti Sec Schedule1228 Real Estate Companies Investment In Real Estate Impairment
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateImpairment
9757000 usd
CY2024Q2 vhti Real Estate Gross At Carrying Value Including Capitalized Interest Including Held For Sale
RealEstateGrossAtCarryingValueIncludingCapitalizedInterestIncludingHeldForSale
3412656000 usd
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
600000 usd
vhti Capitalized Costs Other
CapitalizedCostsOther
-300000 usd
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
500000 usd
CY2024Q2 us-gaap Depreciation
Depreciation
31000000.0 usd
CY2023Q2 us-gaap Depreciation
Depreciation
32000000.0 usd
us-gaap Depreciation
Depreciation
62700000 usd
us-gaap Depreciation
Depreciation
63700000 usd
CY2024Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2565920000 usd
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2491194000 usd
CY2024Q2 us-gaap Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
270000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
305000 usd
CY2024Q2 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
63932000 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
39115000 usd
CY2024Q2 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
26146000 usd
CY2024Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
18062000 usd
CY2024Q2 us-gaap Long Term Debt
LongTermDebt
2484196000 usd
CY2024Q2 vhti Libor Rate
LIBORRate
0.053364
CY2024Q2 vhti Daily Sofr Rate
DailySOFRRate
0.053300
CY2024Q2 vhti Term Sofr Rate
TermSOFRRate
0.053372
vhti Debt Instrument Extension Period
DebtInstrumentExtensionPeriod
P12M
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Rolling Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths
808743000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo
328358000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearThree
107074000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFour
514893000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFive
399180000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingAfterYearFive
407672000 usd
CY2024Q2 vhti Long Term Debt Gross Including Extensions Options
LongTermDebtGrossIncludingExtensionsOptions
2565920000 usd
vhti Debt Instrument Extension Period
DebtInstrumentExtensionPeriod
P12M
CY2024Q2 vhti Daily Sofr Rate
DailySOFRRate
0.053300
us-gaap Increase Decrease In Fair Value Of Hedged Item In Interest Rate Fair Value Hedge1
IncreaseDecreaseInFairValueOfHedgedItemInInterestRateFairValueHedge1
900000 usd
CY2024Q1 us-gaap Assets Held For Sale Long Lived Fair Value Disclosure
AssetsHeldForSaleLongLivedFairValueDisclosure
14702000 usd
CY2024Q2 us-gaap Assets Held For Sale Long Lived Fair Value Disclosure
AssetsHeldForSaleLongLivedFairValueDisclosure
13287000 usd
CY2024Q2 vhti Stock Issued During Period Discount Rate Dividend Reinvestment Plan
StockIssuedDuringPeriodDiscountRateDividendReinvestmentPlan
0.03
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
217635 shares
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
221698 shares
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
12600000 usd
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
12500000 usd
CY2024Q2 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
107515 shares
CY2023Q2 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
111664 shares
CY2024Q2 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
6100000 usd
CY2023Q2 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
6600000 usd
us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
73520 shares
vhti Redemptions By Noncontrolling Interests In Consolidated Vi Es
RedemptionsByNoncontrollingInterestsInConsolidatedVIEs
75000 usd
CY2023Q4 us-gaap Litigation Settlement Amount Awarded To Other Party
LitigationSettlementAmountAwardedToOtherParty
16000000.0 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2024Q2 us-gaap Revenues
Revenues
91745000 usd
CY2024Q2 us-gaap Assets
Assets
3400272000 usd
CY2023Q4 us-gaap Assets
Assets
3453340000 usd
CY2024Q2 us-gaap Long Term Debt
LongTermDebt
2484196000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
2433674000 usd
CY2024Q2 us-gaap Other Liabilities
OtherLiabilities
144529000 usd
CY2023Q4 us-gaap Other Liabilities
OtherLiabilities
144707000 usd
CY2024Q2 us-gaap Liabilities
Liabilities
2628725000 usd
CY2023Q4 us-gaap Liabilities
Liabilities
2578381000 usd
vhti Investment Company Nav Per Share Fully Diluted
InvestmentCompanyNAVPerShareFullyDiluted
57.57
vhti Drip Issuance Discount To Nav
DRIPIssuanceDiscountToNAV
0.030

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