2017 Q2 Form 10-Q Financial Statement
#000163297017000107 Filed on August 09, 2017
Income Statement
Concept | 2017 Q2 | 2016 Q2 |
---|---|---|
Revenue | $6.198M | $3.000K |
YoY Change | 206500.0% | |
Cost Of Revenue | ||
YoY Change | ||
Gross Profit | ||
YoY Change | ||
Gross Profit Margin | ||
Selling, General & Admin | ||
YoY Change | ||
% of Gross Profit | ||
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $1.665M | $0.00 |
YoY Change | ||
% of Gross Profit | ||
Operating Expenses | ||
YoY Change | ||
Operating Profit | $1.029M | -$613.0K |
YoY Change | -267.86% | |
Interest Expense | $409.0K | $0.00 |
YoY Change | ||
% of Operating Profit | 39.75% | |
Other Income/Expense, Net | $408.0K | $0.00 |
YoY Change | ||
Pretax Income | ||
YoY Change | ||
Income Tax | $0.00 | |
% Of Pretax Income | ||
Net Earnings | $621.0K | -$613.0K |
YoY Change | -201.31% | |
Net Earnings / Revenue | 10.02% | -20433.33% |
Basic Earnings Per Share | ||
Diluted Earnings Per Share | ||
COMMON SHARES | ||
Basic Shares Outstanding | 359.1K shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2017 Q2 | 2016 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | ||
YoY Change | ||
Cash & Equivalents | $3.247M | $9.052M |
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 | $36.11M | |
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 | $349.5M | $15.34M |
YoY Change | 2178.19% | |
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 | $107.4M | $3.425M |
YoY Change | 3035.97% | |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$12.59M | -$851.0K |
YoY Change | 1378.85% | |
Common Stock | ||
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $11.91M | |
YoY Change | ||
Total Liabilities & Shareholders Equity | $349.5M | $15.34M |
YoY Change | 2178.19% |
Cashflow Statement
Concept | 2017 Q2 | 2016 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $621.0K | -$613.0K |
YoY Change | -201.31% | |
Depreciation, Depletion And Amortization | $1.665M | $0.00 |
YoY Change | ||
Cash From Operating Activities | ||
YoY Change | ||
INVESTING ACTIVITIES | ||
Capital Expenditures | ||
YoY Change | ||
Acquisitions | ||
YoY Change | ||
Other Investing Activities | ||
YoY Change | ||
Cash From Investing Activities | ||
YoY Change | ||
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | ||
YoY Change | ||
NET CHANGE | ||
Cash From Operating Activities | ||
Cash From Investing Activities | ||
Cash From Financing Activities | ||
Net Change In Cash | ||
YoY Change | ||
FREE CASH FLOW | ||
Cash From Operating Activities | ||
Capital Expenditures | ||
Free Cash Flow | ||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2017 | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2017-06-30 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001632970 | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
dei |
Entity Incorporation Date Of Incorporation
EntityIncorporationDateOfIncorporation
|
2015-01-23 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
Griffin-American Healthcare REIT IV, Inc. | ||
dei |
Trading Symbol
TradingSymbol
|
gahr4 | ||
CY2016Q2 | gahr |
Accrued Contingent Advisor Payment
AccruedContingentAdvisorPayment
|
2717000 | USD |
CY2017Q2 | gahr |
Accrued Contingent Advisor Payment
AccruedContingentAdvisorPayment
|
7774000 | USD |
CY2016Q2 | gahr |
Accruedstockholderservicingfee
Accruedstockholderservicingfee
|
507000 | USD |
CY2017Q2 | gahr |
Accruedstockholderservicingfee
Accruedstockholderservicingfee
|
9603000 | USD |
gahr |
Acquisition Aggregated Cost Of Acquired Properties Purchase Price
AcquisitionAggregatedCostOfAcquiredPropertiesPurchasePrice
|
341245000 | USD | |
CY2017 | gahr |
Advisory Agreement Term
AdvisoryAgreementTerm
|
P1Y | |
CY2016Q1 | gahr |
Aggregate Maximum Amount Of Common Stock Issuable Under Public Offering
AggregateMaximumAmountOfCommonStockIssuableUnderPublicOffering
|
3150000000 | USD |
CY2016Q2 | gahr |
Aggregate Reallocated Maximum Amountof Common Stock Issuable Under Primary Public Offering
AggregateReallocatedMaximumAmountofCommonStockIssuableUnderPrimaryPublicOffering
|
3150000000 | USD |
CY2016Q2 | gahr |
Amortizationof Identified Intangible Liabilities
AmortizationofIdentifiedIntangibleLiabilities
|
0 | USD |
gahr |
Amortizationof Identified Intangible Liabilities
AmortizationofIdentifiedIntangibleLiabilities
|
0 | USD | |
CY2017Q2 | gahr |
Amortizationof Identified Intangible Liabilities
AmortizationofIdentifiedIntangibleLiabilities
|
69000 | USD |
gahr |
Amortizationof Identified Intangible Liabilities
AmortizationofIdentifiedIntangibleLiabilities
|
137000 | USD | |
gahr |
Amortizationofdeferredfinancingcostsrelatedtomortgage
Amortizationofdeferredfinancingcostsrelatedtomortgage
|
8000 | USD | |
gahr |
Assetmanagementfeeswaivedbyadvisor
Assetmanagementfeeswaivedbyadvisor
|
78000 | USD | |
CY2016Q2 | gahr |
Assetmanagementfeeswaivedbyadvisor
Assetmanagementfeeswaivedbyadvisor
|
2000 | USD |
gahr |
Assetmanagementfeeswaivedbyadvisor
Assetmanagementfeeswaivedbyadvisor
|
2000 | USD | |
CY2016 | gahr |
Assetmanagementfeeswaivedbyadvisor
Assetmanagementfeeswaivedbyadvisor
|
2000 | USD |
gahr |
Borrowingsandassumptionsonmortgageloanspayablenet
Borrowingsandassumptionsonmortgageloanspayablenet
|
8000000 | USD | |
gahr |
Capitalized Acquisition Costsand Fees Additions
CapitalizedAcquisitionCostsandFeesAdditions
|
6455000 | USD | |
gahr |
Capitalizeddeferredfinancingcostsformortgages
Capitalizeddeferredfinancingcostsformortgages
|
151000 | USD | |
gahr |
Common Stock Repuchased During Period Under Share Repurchase Plan Shares
CommonStockRepuchasedDuringPeriodUnderShareRepurchasePlanShares
|
7174 | shares | |
CY2017Q2 | gahr |
Common Stock Repuchased During Period Under Share Repurchase Plan Shares
CommonStockRepuchasedDuringPeriodUnderShareRepurchasePlanShares
|
7174 | shares |
gahr |
Common Stock Repuchased During Period Under Share Repurchase Plan Shares
CommonStockRepuchasedDuringPeriodUnderShareRepurchasePlanShares
|
7174 | shares | |
CY2016Q2 | gahr |
Dealer Manager Fees
DealerManagerFees
|
151000 | USD |
gahr |
Dealer Manager Fees
DealerManagerFees
|
151000 | USD | |
CY2017Q2 | gahr |
Dealer Manager Fees
DealerManagerFees
|
889000 | USD |
gahr |
Dealer Manager Fees
DealerManagerFees
|
1622000 | USD | |
CY2017Q2 | gahr |
Direct Write Offs Of Deferred Rent Receivable
DirectWriteOffsOfDeferredRentReceivable
|
2000 | USD |
gahr |
Direct Write Offs Of Deferred Rent Receivable
DirectWriteOffsOfDeferredRentReceivable
|
2000 | USD | |
CY2017Q2 | gahr |
Finite Lived Intangible Liabilities Amortization Expenses After Year Five
FiniteLivedIntangibleLiabilitiesAmortizationExpensesAfterYearFive
|
583000 | USD |
CY2017Q2 | gahr |
Finite Lived Intangible Liabilities Amortization Expenses Remainder Of Fiscal Year
FiniteLivedIntangibleLiabilitiesAmortizationExpensesRemainderOfFiscalYear
|
140000 | USD |
CY2017Q2 | gahr |
Finite Lived Intangible Liabilities Amortization Expenses Year Three
FiniteLivedIntangibleLiabilitiesAmortizationExpensesYearThree
|
251000 | USD |
CY2017Q2 | gahr |
Finite Lived Intangible Liabilities Amortization Expenses Year Five
FiniteLivedIntangibleLiabilitiesAmortizationExpensesYearFive
|
65000 | USD |
CY2017Q2 | gahr |
Finite Lived Intangible Liabilities Amortization Expenses Year Four
FiniteLivedIntangibleLiabilitiesAmortizationExpensesYearFour
|
88000 | USD |
CY2017Q2 | gahr |
Finite Lived Intangible Liabilities Amortization Expenses Year Two
FiniteLivedIntangibleLiabilitiesAmortizationExpensesYearTwo
|
279000 | USD |
CY2016 | gahr |
Finite Lived Intangible Liabilities Useful Life
FiniteLivedIntangibleLiabilitiesUsefulLife
|
P5Y4M24D | |
gahr |
Finite Lived Intangible Liabilities Useful Life
FiniteLivedIntangibleLiabilitiesUsefulLife
|
P18Y9M18D | ||
CY2016Q3 | gahr |
Line Of Credit Facility Number Of Potential Extensions
LineOfCreditFacilityNumberOfPotentialExtensions
|
1 | Extension |
CY2016Q3 | gahr |
Line Of Credit Facility Potential Extension Term
LineOfCreditFacilityPotentialExtensionTerm
|
P12M | |
CY2016Q3 | gahr |
Line Of Credit Facility Potential Increase Amount To Borrowing Capacity
LineOfCreditFacilityPotentialIncreaseAmountToBorrowingCapacity
|
100000000 | USD |
CY2016Q3 | gahr |
Line Of Credit Facility Potential Maximum Borrowing Capacity
LineOfCreditFacilityPotentialMaximumBorrowingCapacity
|
200000000 | USD |
CY2016Q4 | gahr |
Lineofcreditcarryingvalue
Lineofcreditcarryingvalue
|
32957000 | USD |
CY2017Q2 | gahr |
Lineofcreditcarryingvalue
Lineofcreditcarryingvalue
|
70322000 | USD |
CY2016Q1 | gahr |
Maximum Investment Rate By Officer Evp
MaximumInvestmentRateByOfficerEVP
|
0.150 | |
CY2016Q4 | gahr |
Maximum Investment Rate By Officer Evp
MaximumInvestmentRateByOfficerEVP
|
0.150 | |
gahr |
Maximum Percentage Of Common Stock Repurchased During Period
MaximumPercentageOfCommonStockRepurchasedDuringPeriod
|
0.050 | ||
CY2016Q2 | gahr |
Maximum Percentage Of Fees And Expenses Associated With Acquisition
MaximumPercentageOfFeesAndExpensesAssociatedWithAcquisition
|
0.060 | |
gahr |
Maximum Percentage Of Fees And Expenses Associated With Acquisition
MaximumPercentageOfFeesAndExpensesAssociatedWithAcquisition
|
0.060 | ||
CY2017Q2 | gahr |
Maximum Percentage Of Fees And Expenses Associated With Acquisition
MaximumPercentageOfFeesAndExpensesAssociatedWithAcquisition
|
0.060 | |
gahr |
Maximum Percentage Of Fees And Expenses Associated With Acquisition
MaximumPercentageOfFeesAndExpensesAssociatedWithAcquisition
|
0.060 | ||
gahr |
Maximumpercentageofdealermanagerfee
Maximumpercentageofdealermanagerfee
|
0.030 | ||
gahr |
Maximumpercentageofdealermanagerfee
Maximumpercentageofdealermanagerfee
|
0.030 | ||
gahr |
Maximumpercentageofstockholderservicingfee
Maximumpercentageofstockholderservicingfee
|
0.040 | ||
CY2016Q1 | gahr |
Minimum Investment Rate By Officer Evp
MinimumInvestmentRateByOfficerEVP
|
0.100 | |
CY2016Q4 | gahr |
Minimum Investment Rate By Officer Evp
MinimumInvestmentRateByOfficerEVP
|
0.050 | |
CY2017Q2 | gahr |
Minimum Percent Share Of Annualized Base Rent Accounted By Tenants
MinimumPercentShareOfAnnualizedBaseRentAccountedByTenants
|
0.100 | |
CY2017Q2 | gahr |
Minimum Percent Share Of Each State Annualized Base Rent That Company Owned
MinimumPercentShareOfEachStateAnnualizedBaseRentThatCompanyOwned
|
0.1 | |
gahr |
Mortgage Loans Payable Related To Acquisition Of Properties
MortgageLoansPayableRelatedToAcquisitionOfProperties
|
8000000 | USD | |
gahr |
Noncashreclassificationofnoncontrollinginterest
Noncashreclassificationofnoncontrollinginterest
|
2000 | USD | |
gahr |
Noncashreclassificationofnoncontrollinginterest
Noncashreclassificationofnoncontrollinginterest
|
0 | USD | |
gahr |
Number Of Buildings Acquired From Unaffiliated Parties
NumberOfBuildingsAcquiredFromUnaffiliatedParties
|
28 | Building | |
CY2016Q4 | gahr |
Number Of Fixed Rate Mortgage Loans Payable
NumberOfFixedRateMortgageLoansPayable
|
1 | MortgageLoan |
CY2017Q2 | gahr |
Number Of Fixed Rate Mortgage Loans Payable
NumberOfFixedRateMortgageLoansPayable
|
2 | MortgageLoan |
CY2017Q2 | gahr |
Number Of Tenants With More Than Ten Percent Of Annual Base Rent
NumberOfTenantsWithMoreThanTenPercentOfAnnualBaseRent
|
2 | |
gahr |
Numberof Acquisitions Completedfrom Unaffiliated Parties
NumberofAcquisitionsCompletedfromUnaffiliatedParties
|
16 | Acquisition | |
gahr |
Numberof Acquisitions Completedfrom Unaffiliated Parties
NumberofAcquisitionsCompletedfromUnaffiliatedParties
|
7 | Acquisition | |
gahr |
Numberof Properties Acquiredfrom Unaffiliated Parties
NumberofPropertiesAcquiredfromUnaffiliatedParties
|
27 | Property | |
CY2016Q1 | gahr |
Officer Purchase Share Price
OfficerPurchaseSharePrice
|
9.60 | |
gahr |
Other Amortization
OtherAmortization
|
0 | USD | |
gahr |
Other Amortization
OtherAmortization
|
157000 | USD | |
gahr |
Ownership Percentage Properties
OwnershipPercentageProperties
|
1.00 | ||
gahr |
Percentage Of Dealer Manager Fee
PercentageOfDealerManagerFee
|
0.010 | ||
gahr |
Percentage Of Dealer Manager Fee
PercentageOfDealerManagerFee
|
0.010 | ||
gahr |
Percentage Of Dealer Manager Fee
PercentageOfDealerManagerFee
|
0.010 | ||
CY2016Q2 | gahr |
Receivable From Transfer Agent
ReceivableFromTransferAgent
|
552000 | USD |
CY2017Q2 | gahr |
Receivable From Transfer Agent
ReceivableFromTransferAgent
|
906000 | USD |
gahr |
Reclassificationof Noncontrolling Interest
ReclassificationofNoncontrollingInterest
|
2000 | USD | |
gahr |
Reclassificationof Noncontrolling Interest
ReclassificationofNoncontrollingInterest
|
2000 | USD | |
gahr |
Reclassificationof Noncontrolling Interest
ReclassificationofNoncontrollingInterest
|
0 | USD | |
gahr |
Selling Commissions Percentage
SellingCommissionsPercentage
|
0.030 | ||
CY2016Q2 | gahr |
Selling Commissions Expenses
SellingCommissionsExpenses
|
380000 | USD |
gahr |
Selling Commissions Expenses
SellingCommissionsExpenses
|
380000 | USD | |
CY2017Q2 | gahr |
Selling Commissions Expenses
SellingCommissionsExpenses
|
2634000 | USD |
gahr |
Selling Commissions Expenses
SellingCommissionsExpenses
|
4704000 | USD | |
CY2017Q2 | gahr |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Expected To Vest Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedExpectedToVestNumber
|
15000 | shares |
CY2017Q2 | gahr |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Expected To Vest Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedExpectedToVestWeightedAverageGrantDateFairValue
|
10.00 | |
gahr |
Share Repurchase Plan Holding Period Condition One
ShareRepurchasePlanHoldingPeriodConditionOne
|
P1Y | ||
CY2017Q2 | gahr |
Share Repurchase Plan Percentageof Priceper Share Condition One
ShareRepurchasePlanPercentageofPriceperShareConditionOne
|
0.925 | |
CY2017Q2 | gahr |
Share Repurchase Plan Percentageof Priceper Share Condition Two
ShareRepurchasePlanPercentageofPriceperShareConditionTwo
|
1.00 | |
gahr |
Sharesissuedindiscount
Sharesissuedindiscount
|
40000 | USD | |
gahr |
Sharesissuedindiscount
Sharesissuedindiscount
|
3000 | USD | |
gahr |
Stock Acquired Average Cost Per Share
StockAcquiredAverageCostPerShare
|
9.66 | ||
CY2017Q2 | gahr |
Stock Acquired Average Cost Per Share
StockAcquiredAverageCostPerShare
|
9.66 | |
gahr |
Stock Acquired Average Cost Per Share
StockAcquiredAverageCostPerShare
|
9.66 | ||
gahr |
Stock Repuchased During Period Value Under Share Repurchase Plan Value
StockRepuchasedDuringPeriodValueUnderShareRepurchasePlanValue
|
69000 | USD | |
CY2017Q2 | gahr |
Stock Repuchased During Period Value Under Share Repurchase Plan Value
StockRepuchasedDuringPeriodValueUnderShareRepurchasePlanValue
|
69000 | USD |
gahr |
Stock Repuchased During Period Value Under Share Repurchase Plan Value
StockRepuchasedDuringPeriodValueUnderShareRepurchasePlanValue
|
69000 | USD | |
CY2016Q2 | gahr |
Stockholder Servicing Fee Incurred
StockholderServicingFeeIncurred
|
507000 | USD |
gahr |
Stockholder Servicing Fee Incurred
StockholderServicingFeeIncurred
|
507000 | USD | |
CY2017Q2 | gahr |
Stockholder Servicing Fee Incurred
StockholderServicingFeeIncurred
|
3384000 | USD |
gahr |
Stockholder Servicing Fee Incurred
StockholderServicingFeeIncurred
|
6138000 | USD | |
CY2016Q4 | gahr |
Stockholder Servicing Fee Payable
StockholderServicingFeePayable
|
3973000 | USD |
CY2017Q2 | gahr |
Stockholder Servicing Fee Payable
StockholderServicingFeePayable
|
9603000 | USD |
gahr |
Stockholderdailyservicingfeepercentage
Stockholderdailyservicingfeepercentage
|
0.010 | ||
CY2016Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
5426000 | USD |
CY2017Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
14160000 | USD |
CY2016Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
1299000 | USD |
CY2017Q2 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
1224000 | USD |
CY2016Q4 | us-gaap |
Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
|
112000 | USD |
CY2017Q2 | us-gaap |
Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
|
289000 | USD |
CY2016Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
99492000 | USD |
CY2017Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
254364000 | USD |
us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
|
22000 | USD | |
us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
|
24000 | USD | |
us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
3766000 | USD | |
us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
16693000 | USD | |
CY2016Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
0 | USD |
CY2017Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
67000 | USD |
us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
67000 | USD | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
-6000 | USD | |
CY2016Q2 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
0 | USD |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
0 | USD | |
CY2017Q2 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
90000 | USD |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
177000 | USD | |
CY2016Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
0 | USD |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
0 | USD | |
CY2017Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
859000 | USD |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1487000 | USD | |
CY2017Q2 | us-gaap |
Area Of Real Estate Property
AreaOfRealEstateProperty
|
1338000 | sqft |
CY2016Q2 | us-gaap |
Asset Management Fees1
AssetManagementFees1
|
0 | USD |
us-gaap |
Asset Management Fees1
AssetManagementFees1
|
0 | USD | |
CY2017Q2 | us-gaap |
Asset Management Fees1
AssetManagementFees1
|
504000 | USD |
us-gaap |
Asset Management Fees1
AssetManagementFees1
|
805000 | USD | |
CY2016Q4 | us-gaap |
Assets
Assets
|
142758000 | USD |
CY2017Q2 | us-gaap |
Assets
Assets
|
349474000 | USD |
CY2016Q2 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
370000 | USD |
us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
370000 | USD | |
CY2017Q2 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
140000 | USD |
us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
213000 | USD | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
0 | USD | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
719000 | USD | |
CY2015Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
202000 | USD |
CY2016Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
9052000 | USD |
CY2016Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2237000 | USD |
CY2016Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2237000 | USD |
CY2017Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
3247000 | USD |
CY2017Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
3247000 | USD |
us-gaap |
Cash Period Increase Decrease
CashPeriodIncreaseDecrease
|
8850000 | USD | |
us-gaap |
Cash Period Increase Decrease
CashPeriodIncreaseDecrease
|
1010000 | USD | |
CY2016Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2017Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2016Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.10 | |
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.10 | ||
CY2017Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.15 | |
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.30 | ||
CY2016Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2017Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2016Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
1000000000 | shares |
CY2017Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
1000000000 | shares |
CY2016Q2 | us-gaap |
Cost Of Real Estate Revenue
CostOfRealEstateRevenue
|
23000 | USD |
us-gaap |
Cost Of Real Estate Revenue
CostOfRealEstateRevenue
|
23000 | USD | |
CY2017Q2 | us-gaap |
Cost Of Real Estate Revenue
CostOfRealEstateRevenue
|
1611000 | USD |
us-gaap |
Cost Of Real Estate Revenue
CostOfRealEstateRevenue
|
2798000 | USD | |
CY2016Q2 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
639000 | USD |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
789000 | USD | |
CY2017Q2 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
5169000 | USD |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
8888000 | USD | |
CY2016Q2 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
0 | USD |
CY2016Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
3908000 | USD |
CY2017Q2 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
11782000 | USD |
us-gaap |
Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
|
0 | USD | |
us-gaap |
Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
|
11000 | USD | |
CY2016Q4 | us-gaap |
Deferred Costs Leasing Net
DeferredCostsLeasingNet
|
0 | USD |
CY2017Q2 | us-gaap |
Deferred Costs Leasing Net
DeferredCostsLeasingNet
|
102000 | USD |
CY2016Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
943000 | USD |
CY2017Q2 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
778000 | USD |
CY2016Q4 | us-gaap |
Deferred Rent Receivables Net
DeferredRentReceivablesNet
|
207000 | USD |
CY2017Q2 | us-gaap |
Deferred Rent Receivables Net
DeferredRentReceivablesNet
|
761000 | USD |
CY2016Q2 | us-gaap |
Depreciation
Depreciation
|
0 | USD |
us-gaap |
Depreciation
Depreciation
|
0 | USD | |
CY2017Q2 | us-gaap |
Depreciation
Depreciation
|
1665000 | USD |
us-gaap |
Depreciation
Depreciation
|
2805000 | USD | |
CY2016Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
0 | USD |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
0 | USD | |
CY2017Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
2466000 | USD |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
4177000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
0 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
4177000 | USD | |
us-gaap |
Dividends Common Stock
DividendsCommonStock
|
-5770000 | USD | |
us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
88000 | USD | |
CY2016Q2 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
57000 | USD |
CY2017Q2 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
1351000 | USD |
CY2016Q4 | us-gaap |
Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
|
5531000 | USD |
CY2017Q2 | us-gaap |
Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
|
8024000 | USD |
CY2016Q4 | us-gaap |
Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
|
5531000 | USD |
CY2017Q2 | us-gaap |
Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
|
8024000 | USD |
CY2016Q4 | us-gaap |
Earnest Money Deposits
EarnestMoneyDeposits
|
200000 | USD |
CY2017Q2 | us-gaap |
Earnest Money Deposits
EarnestMoneyDeposits
|
21000 | USD |
CY2016Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.96 | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-2.32 | ||
CY2017Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.03 | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.03 | ||
CY2016 | us-gaap |
Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
|
P28Y7M6D | |
us-gaap |
Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
|
P20Y3M18D | ||
CY2017Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
18572000 | USD |
CY2017Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
2390000 | USD |
CY2017Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
3168000 | USD |
CY2017Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
3526000 | USD |
CY2017Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
4041000 | USD |
CY2017Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
4417000 | USD |
CY2017Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
36114000 | USD |
CY2016Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
246000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
396000 | USD | |
CY2017Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
952000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1700000 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
7000 | USD | |
us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
21000 | USD | |
us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
103000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
126000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
963000 | USD | |
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
0 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
326000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
|
14000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
|
123000 | USD | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-5000 | USD | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-109000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
152000 | USD | |
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
16000 | USD | |
CY2016Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
19673000 | USD |
CY2017Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
36114000 | USD |
CY2016Q2 | us-gaap |
Interest Expense
InterestExpense
|
0 | USD |
us-gaap |
Interest Expense
InterestExpense
|
0 | USD | |
CY2017Q2 | us-gaap |
Interest Expense
InterestExpense
|
409000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
827000 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
0 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
672000 | USD | |
CY2016Q2 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
0 | USD |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
0 | USD | |
CY2017Q2 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1000 | USD |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1000 | USD | |
CY2016Q4 | us-gaap |
Liabilities
Liabilities
|
50501000 | USD |
CY2017Q2 | us-gaap |
Liabilities
Liabilities
|
107407000 | USD |
CY2016Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
142758000 | USD |
CY2017Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
349474000 | USD |
CY2016 | us-gaap |
Limited Liability Company Llc Or Limited Partnership Lp Managing Member Or General Partner Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest
|
0.9999 | |
us-gaap |
Limited Liability Company Llc Or Limited Partnership Lp Managing Member Or General Partner Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest
|
0.9999 | ||
CY2016 | us-gaap |
Limited Liability Company Llc Or Limited Partnership Lp Members Or Limited Partners Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersOwnershipInterest
|
0.0001 | |
us-gaap |
Limited Liability Company Llc Or Limited Partnership Lp Members Or Limited Partners Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersOwnershipInterest
|
0.0001 | ||
CY2016Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
33900000 | USD |
CY2016Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
33900000 | USD |
CY2017Q2 | us-gaap |
Line Of Credit
LineOfCredit
|
71100000 | USD |
CY2017Q2 | us-gaap |
Line Of Credit
LineOfCredit
|
71100000 | USD |
CY2016Q3 | us-gaap |
Line Of Credit Facility Collateral
LineOfCreditFacilityCollateral
|
750000000 | |
CY2016Q4 | us-gaap |
Line Of Credit Facility Fair Value Of Amount Outstanding
LineOfCreditFacilityFairValueOfAmountOutstanding
|
33899000 | USD |
CY2017Q2 | us-gaap |
Line Of Credit Facility Fair Value Of Amount Outstanding
LineOfCreditFacilityFairValueOfAmountOutstanding
|
71096000 | USD |
CY2017Q2 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
100000000 | USD |
CY2016Q4 | us-gaap |
Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
|
66100000 | USD |
CY2017Q2 | us-gaap |
Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
|
28900000 | USD |
CY2016Q4 | us-gaap |
Loans Payable Fair Value Disclosure
LoansPayableFairValueDisclosure
|
4131000 | USD |
CY2017Q2 | us-gaap |
Loans Payable Fair Value Disclosure
LoansPayableFairValueDisclosure
|
12027000 | USD |
CY2017Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
|
2492000 | USD |
CY2017Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
314000 | USD |
CY2017Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
8035000 | USD |
CY2017Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
407000 | USD |
CY2017Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
386000 | USD |
CY2017Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
148000 | USD |
CY2016Q4 | us-gaap |
Minority Interest Ownership Percentage By Noncontrolling Owners
MinorityInterestOwnershipPercentageByNoncontrollingOwners
|
0.0001 | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
4973000 | USD | |
CY2017Q2 | us-gaap |
Minority Interest Ownership Percentage By Noncontrolling Owners
MinorityInterestOwnershipPercentageByNoncontrollingOwners
|
0.0001 | |
CY2016Q4 | us-gaap |
Minority Interest Ownership Percentage By Parent
MinorityInterestOwnershipPercentageByParent
|
0.9999 | |
CY2017Q2 | us-gaap |
Minority Interest Ownership Percentage By Parent
MinorityInterestOwnershipPercentageByParent
|
0.9999 | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
15113000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
195071000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-5554000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-199034000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-709000 | USD | |
CY2016Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-613000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-763000 | USD | |
CY2017Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
621000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
536000 | USD | |
CY2016Q2 | us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
0 | USD |
us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
0 | USD | |
us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
0 | USD | |
CY2017Q2 | us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
0 | USD |
us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
0 | USD | |
us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
0 | USD | |
us-gaap |
Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
|
0 | USD | |
us-gaap |
Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
|
8000000 | USD | |
us-gaap |
Noncash Or Part Noncash Acquisition Other Assets Acquired1
NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1
|
21000 | USD | |
us-gaap |
Noncash Or Part Noncash Acquisition Other Assets Acquired1
NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1
|
122000 | USD | |
us-gaap |
Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
|
5000 | USD | |
us-gaap |
Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
|
519000 | USD | |
us-gaap |
Noncash Or Part Noncash Acquisition Payables Assumed1
NoncashOrPartNoncashAcquisitionPayablesAssumed1
|
4000 | USD | |
us-gaap |
Noncash Or Part Noncash Acquisition Payables Assumed1
NoncashOrPartNoncashAcquisitionPayablesAssumed1
|
743000 | USD | |
CY2017Q2 | us-gaap |
Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
|
3 | State |
CY2016Q4 | us-gaap |
Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
|
1063000 | USD |
CY2017Q2 | us-gaap |
Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
|
1406000 | USD |
CY2016Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-613000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-763000 | USD | |
CY2017Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1029000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1362000 | USD | |
CY2016Q2 | us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
26000 | USD |
us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
26000 | USD | |
us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
26000 | USD | |
CY2017Q2 | us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
6198000 | USD |
us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
10250000 | USD | |
us-gaap |
Operations Commenced Date1
OperationsCommencedDate1
|
2015-02-06 | ||
CY2016Q4 | us-gaap |
Other Assets
OtherAssets
|
1407000 | USD |
CY2016Q4 | us-gaap |
Other Assets
OtherAssets
|
1407000 | USD |
CY2017Q2 | us-gaap |
Other Assets
OtherAssets
|
2334000 | USD |
CY2017Q2 | us-gaap |
Other Assets
OtherAssets
|
2334000 | USD |
CY2016Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
616000 | USD |
CY2017Q2 | us-gaap |
Other Liabilities
OtherLiabilities
|
1026000 | USD |
CY2016Q2 | us-gaap |
Owned Property Management Costs
OwnedPropertyManagementCosts
|
23000 | USD |
us-gaap |
Owned Property Management Costs
OwnedPropertyManagementCosts
|
23000 | USD | |
CY2017Q2 | us-gaap |
Owned Property Management Costs
OwnedPropertyManagementCosts
|
1611000 | USD |
us-gaap |
Owned Property Management Costs
OwnedPropertyManagementCosts
|
2798000 | USD | |
CY2016Q2 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
0 | USD |
us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
0 | USD | |
CY2017Q2 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
2000 | USD |
us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
3000 | USD | |
us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
0 | USD | |
us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
33000 | USD | |
us-gaap |
Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
|
150000 | USD | |
us-gaap |
Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
|
-179000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
69000 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
12000 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
2077000 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
0 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
164000 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
519000 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
8697000 | USD | |
us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
5404000 | USD | |
us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
199164000 | USD | |
CY2016Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0 | |
CY2016Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2017Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0 | |
CY2017Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2016Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
200000000 | shares |
CY2017Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
200000000 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2017Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2017Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2017Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2016Q4 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
257000 | USD |
CY2017Q2 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
693000 | USD |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
15644000 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
169003000 | USD | |
CY2016 | us-gaap |
Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
|
796000 | USD |
us-gaap |
Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
|
3670000 | USD | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
0 | USD | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
172100000 | USD | |
CY2016Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-613000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
-763000 | USD | |
CY2017Q2 | us-gaap |
Profit Loss
ProfitLoss
|
621000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
536000 | USD | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
0 | USD | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
69000 | USD | |
CY2016Q4 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
822000 | USD |
CY2017Q2 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
3619000 | USD |
CY2016Q4 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
118764000 | USD |
CY2017Q2 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
310137000 | USD |
CY2016Q4 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
117942000 | USD |
CY2016Q4 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
117942000 | USD |
CY2017Q2 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
306518000 | USD |
CY2017Q2 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
306518000 | USD |
CY2015Q4 | us-gaap |
Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
|
0 | USD |
CY2016Q2 | us-gaap |
Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
|
2000 | USD |
CY2016Q4 | us-gaap |
Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
|
2000 | USD |
CY2016Q4 | us-gaap |
Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
|
2000 | USD |
CY2017Q2 | us-gaap |
Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
|
2000 | USD |
CY2017Q2 | us-gaap |
Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
|
2000 | USD |
CY2016Q2 | us-gaap |
Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
|
2862000 | USD |
us-gaap |
Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
|
3169000 | USD | |
CY2017Q2 | us-gaap |
Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
|
5688000 | USD |
us-gaap |
Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
|
9777000 | USD | |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
0 | USD | |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
134900000 | USD | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
125000 | USD | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
0 | USD | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
125000 | USD | |
CY2016Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
0 | USD |
CY2017Q2 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
16000 | USD |
CY2016Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-7351000 | USD |
CY2017Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-12585000 | USD |
CY2016Q2 | us-gaap |
Revenues
Revenues
|
3000 | USD |
us-gaap |
Revenues
Revenues
|
3000 | USD | |
CY2017Q2 | us-gaap |
Revenues
Revenues
|
4587000 | USD |
us-gaap |
Revenues
Revenues
|
7452000 | USD | |
CY2016Q4 | us-gaap |
Secured Debt
SecuredDebt
|
3965000 | USD |
CY2016Q4 | us-gaap |
Secured Debt
SecuredDebt
|
3965000 | USD |
CY2017Q2 | us-gaap |
Secured Debt
SecuredDebt
|
11691000 | USD |
CY2017Q2 | us-gaap |
Secured Debt
SecuredDebt
|
11691000 | USD |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
52000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
39000 | USD | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
|
0 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
|
0.00 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
22500 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
7500 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
10.00 | ||
CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
12000 | shares |
CY2017Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
15000 | shares |
CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
10.00 | |
CY2017Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
10.00 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
|
4500 | shares | |
CY2017Q2 | us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
1811000 | USD |
us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
2874000 | USD | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
16259000 | USD | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
|
10.00 | ||
us-gaap |
Stock Issued1
StockIssued1
|
19000 | USD | |
us-gaap |
Stock Issued1
StockIssued1
|
2874000 | USD | |
us-gaap |
Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
|
389515 | shares | |
CY2016 | us-gaap |
Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
|
83717 | shares |
us-gaap |
Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
|
389515 | shares | |
us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
19000 | USD | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
168893000 | USD | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
30000 | USD | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
15000 | USD | |
us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
-69000 | USD | |
CY2015Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
202000 | USD |
CY2016Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
11913000 | USD |
CY2016Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
92255000 | USD |
CY2017Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
242065000 | USD |
us-gaap |
Straight Line Rent Adjustments
StraightLineRentAdjustments
|
0 | USD | |
us-gaap |
Straight Line Rent Adjustments
StraightLineRentAdjustments
|
-556000 | USD | |
CY2016Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
635808 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
328321 | shares | |
CY2017Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
24035973 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
19371454 | shares | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">1. Organization and Description of Business</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;"> </font></div><div style="line-height:120%;padding-top:10px;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Griffin-American Healthcare REIT IV, Inc., a Maryland corporation, was incorporated on </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">January 23, 2015</font><font style="font-family:inherit;font-size:10pt;"> and therefore we consider that our date of inception. We were initially capitalized on </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">February 6, 2015</font><font style="font-family:inherit;font-size:10pt;">. We invest in a diversified portfolio of real estate properties, focusing primarily on medical office buildings, hospitals, skilled nursing facilities, senior housing and other healthcare-related facilities. We may also originate and acquire secured loans and real estate-related investments on an infrequent and opportunistic basis. We generally seek investments that produce current income. We believe we currently qualify, and intend to elect to be treated, as a real estate investment trust, or REIT, under the Internal Revenue Code of 1986, as amended, or the Code, for federal income tax purposes beginning with our taxable year ended December 31, 2016, and we intend to continue to be taxed as a REIT.</font></div><div style="line-height:120%;padding-top:10px;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On February 16, 2016, we commenced our initial public offering, or our offering, in which we were offering to the public up to </font><font style="font-family:inherit;font-size:10pt;">$3,150,000,000</font><font style="font-family:inherit;font-size:10pt;"> in shares of our Class T common stock, consisting of up to </font><font style="font-family:inherit;font-size:10pt;">$3,000,000,000</font><font style="font-family:inherit;font-size:10pt;"> in shares of our Class T common stock at a price of </font><font style="font-family:inherit;font-size:10pt;">$10.00</font><font style="font-family:inherit;font-size:10pt;"> per share in our primary offering and up to </font><font style="font-family:inherit;font-size:10pt;">$150,000,000</font><font style="font-family:inherit;font-size:10pt;"> in shares of our Class T common stock for </font><font style="font-family:inherit;font-size:10pt;">$9.50</font><font style="font-family:inherit;font-size:10pt;"> per share pursuant to our distribution reinvestment plan, as amended, or the DRIP. Effective June 17, 2016, we reallocated certain of the unsold shares of Class T common stock being offered and began offering shares of Class I common stock, such that we are currently offering up to approximately </font><font style="font-family:inherit;font-size:10pt;">$2,800,000,000</font><font style="font-family:inherit;font-size:10pt;"> in shares of Class T common stock and </font><font style="font-family:inherit;font-size:10pt;">$200,000,000</font><font style="font-family:inherit;font-size:10pt;"> in shares of Class I common stock in our primary offering, and up to an aggregate of </font><font style="font-family:inherit;font-size:10pt;">$150,000,000</font><font style="font-family:inherit;font-size:10pt;"> in shares of our Class T and Class I common stock pursuant to the DRIP, aggregating up to </font><font style="font-family:inherit;font-size:10pt;">$3,150,000,000</font><font style="font-family:inherit;font-size:10pt;">. The shares of our Class T common stock in our primary offering are being offered at a price of </font><font style="font-family:inherit;font-size:10pt;">$10.00</font><font style="font-family:inherit;font-size:10pt;"> per share. The shares of our Class I common stock in our primary offering were being offered at a price of </font><font style="font-family:inherit;font-size:10pt;">$9.30</font><font style="font-family:inherit;font-size:10pt;"> per share prior to March 1, 2017, and are being offered at a price of </font><font style="font-family:inherit;font-size:10pt;">$9.21</font><font style="font-family:inherit;font-size:10pt;"> per share for all shares offered effective March 1, 2017. The shares of our Class T and Class I common stock issued pursuant to the DRIP were sold at a price of </font><font style="font-family:inherit;font-size:10pt;">$9.50</font><font style="font-family:inherit;font-size:10pt;"> per share prior to January 1, 2017, and are sold at a price of </font><font style="font-family:inherit;font-size:10pt;">$9.40</font><font style="font-family:inherit;font-size:10pt;"> per share for all shares issued pursuant to the DRIP effective January 1, 2017. After our board of directors determines an estimated net asset value, or NAV, per share of our common stock, share prices are expected to be adjusted to reflect the estimated NAV per share and, in the case of shares offered pursuant to our primary offering, up-front selling commissions and dealer manager fees other than those funded by Griffin-American Healthcare REIT IV Advisor, LLC, or Griffin-American Healthcare REIT IV Advisor, or our advisor. We reserve the right to reallocate the shares of common stock we are offering between the primary offering and the DRIP, and among classes of stock. As of </font><font style="font-family:inherit;font-size:10pt;">June 30, 2017</font><font style="font-family:inherit;font-size:10pt;">, we had received and accepted subscriptions in our offering for </font><font style="font-family:inherit;font-size:10pt;">28,236,137</font><font style="font-family:inherit;font-size:10pt;"> aggregate shares of our Class T and Class I common stock, or approximately </font><font style="font-family:inherit;font-size:10pt;">$280,969,000</font><font style="font-family:inherit;font-size:10pt;">, excluding shares of our common stock issued pursuant to the DRIP.</font></div><div style="line-height:120%;padding-top:10px;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We conduct substantially all of our operations through Griffin-American Healthcare REIT IV Holdings, LP, or our operating partnership. We are externally advised by our advisor pursuant to an advisory agreement, or the Advisory Agreement, between us and our advisor. The Advisory Agreement was effective as of February 16, 2016 and had a </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;">-year term, subject to successive </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;">-year renewals upon the mutual consent of the parties. The Advisory Agreement was renewed pursuant to the mutual consent of the parties on February 13, 2017 and expires on February 16, 2018. Our advisor uses its best efforts, subject to the oversight and review of our board of directors, to, among other things, research, identify, review and make investments in and dispositions of properties and securities on our behalf consistent with our investment policies and objectives. Our advisor performs its duties and responsibilities under the Advisory Agreement as our fiduciary. Our advisor is </font><font style="font-family:inherit;font-size:10pt;">75.0%</font><font style="font-family:inherit;font-size:10pt;"> owned and managed by American Healthcare Investors, LLC, or American Healthcare Investors, and </font><font style="font-family:inherit;font-size:10pt;">25.0%</font><font style="font-family:inherit;font-size:10pt;"> owned by a wholly owned subsidiary of Griffin Capital Company, LLC, or Griffin Capital (formerly known as Griffin Capital Corporation), or collectively, our co-sponsors. Effective March 1, 2015, American Healthcare Investors is </font><font style="font-family:inherit;font-size:10pt;">47.1%</font><font style="font-family:inherit;font-size:10pt;"> owned by AHI Group Holdings, LLC, or AHI Group Holdings, </font><font style="font-family:inherit;font-size:10pt;">45.1%</font><font style="font-family:inherit;font-size:10pt;"> indirectly owned by Colony NorthStar, Inc. (NYSE: CLNS), or Colony NorthStar (formerly known as NorthStar Asset Management Group Inc. prior to its merger with Colony Capital, Inc. and NorthStar Realty Finance Corp. on January 10, 2017), and </font><font style="font-family:inherit;font-size:10pt;">7.8%</font><font style="font-family:inherit;font-size:10pt;"> owned by James F. Flaherty III, one of Colony NorthStar’s partners. We are not affiliated with Griffin Capital, Griffin Capital Securities, LLC, or our dealer manager, Colony NorthStar or Mr. Flaherty; however, we are affiliated with Griffin-American Healthcare REIT IV Advisor, American Healthcare Investors and AHI Group Holdings.</font></div><div style="line-height:120%;padding-top:10px;text-align:left;text-indent:33px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We currently operate through two reportable business segments — medical office buildings and senior housing. As of </font><font style="font-family:inherit;font-size:10pt;">June 30, 2017</font><font style="font-family:inherit;font-size:10pt;">, we had completed </font><font style="font-family:inherit;font-size:10pt;">16</font><font style="font-family:inherit;font-size:10pt;"> real estate acquisitions whereby we owned </font><font style="font-family:inherit;font-size:10pt;">27</font><font style="font-family:inherit;font-size:10pt;"> properties, comprising </font><font style="font-family:inherit;font-size:10pt;">28</font><font style="font-family:inherit;font-size:10pt;"> buildings, or approximately </font><font style="font-family:inherit;font-size:10pt;">1,338,000</font><font style="font-family:inherit;font-size:10pt;"> square feet of gross leasable area, or GLA, for an aggregate contract purchase price of </font><font style="font-family:inherit;font-size:10pt;">$341,245,000</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-top:10px;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of our accompanying condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, as well as the disclosure of contingent assets and liabilities, at the date of our condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. These estimates are made and evaluated on an on-going basis using information that is currently available as well as various other assumptions believed to be reasonable under the circumstances. Actual results could differ from those estimates, perhaps in material adverse ways, and those estimates could be different under different assumptions or conditions.</font></div></div> |