2023 Q2 Form 10-Q Financial Statement

#000163156923000040 Filed on May 02, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1
Revenue $27.81M $27.18M
YoY Change 15.64% 15.74%
Cost Of Revenue $4.786M $4.873M
YoY Change 17.82% 19.12%
Gross Profit $23.02M $22.30M
YoY Change 15.19% 15.02%
Gross Profit Margin 82.79% 82.07%
Selling, General & Admin $3.787M $16.20M
YoY Change 4.9% 388.69%
% of Gross Profit 16.45% 72.66%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $9.219M $9.018M
YoY Change 14.14% 13.55%
% of Gross Profit 40.04% 40.43%
Operating Expenses $13.01M $30.10M
YoY Change -17.42% 96.08%
Operating Profit $10.02M -$7.793M
YoY Change 136.39% -292.85%
Interest Expense -$4.091M $3.992M
YoY Change -248.49% 52.02%
% of Operating Profit -40.84%
Other Income/Expense, Net -$3.441M -$4.002M
YoY Change
Pretax Income $6.627M -$6.887M
YoY Change -20.16% -184.69%
Income Tax $50.00K $35.00K
% Of Pretax Income 0.75%
Net Earnings $6.027M -$6.922M
YoY Change 7.93% -225.31%
Net Earnings / Revenue 21.67% -25.47%
Basic Earnings Per Share $0.24 -$0.32
Diluted Earnings Per Share $0.24 -$0.32
COMMON SHARES
Basic Shares Outstanding 26.30M shares 26.02M shares
Diluted Shares Outstanding 25.07M shares 24.23M shares

Balance Sheet

Concept 2023 Q2 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.627M $3.666M
YoY Change 54.62% 211.21%
Cash & Equivalents $2.627M $3.666M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $2.627M $3.666M
YoY Change 54.62% 211.21%
LONG-TERM ASSETS
Property, Plant & Equipment $808.4M $800.0M
YoY Change 12.28% 13.89%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $4.786M $3.201M
YoY Change 89.47% 29.18%
Total Long-Term Assets $897.8M $882.6M
YoY Change 14.47% 16.13%
TOTAL ASSETS
Total Short-Term Assets $2.627M $3.666M
Total Long-Term Assets $897.8M $882.6M
Total Assets $900.5M $886.3M
YoY Change 14.56% 16.43%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $10.61M $10.48M
YoY Change 46.9% 51.99%
Accrued Expenses $780.0K $783.0K
YoY Change -1.39% -1.26%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $15.05M $14.88M
YoY Change 13.7% 20.97%
LONG-TERM LIABILITIES
Long-Term Debt $371.4M $368.3M
YoY Change 26.03% 35.1%
Other Long-Term Liabilities $8.689M $8.564M
YoY Change 69.01% 65.42%
Total Long-Term Liabilities $380.1M $376.9M
YoY Change 26.77% 35.66%
TOTAL LIABILITIES
Total Short-Term Liabilities $15.05M $14.88M
Total Long-Term Liabilities $380.1M $376.9M
Total Liabilities $395.1M $391.8M
YoY Change 26.21% 35.04%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $657.3M $648.6M
YoY Change 9.58% 8.51%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $505.3M $494.5M
YoY Change
Total Liabilities & Shareholders Equity $900.5M $886.3M
YoY Change 14.56% 16.43%

Cashflow Statement

Concept 2023 Q2 2023 Q1
OPERATING ACTIVITIES
Net Income $6.027M -$6.922M
YoY Change 7.93% -225.31%
Depreciation, Depletion And Amortization $9.219M $9.018M
YoY Change 14.14% 13.55%
Cash From Operating Activities $16.68M $12.70M
YoY Change 10.31% -11.83%
INVESTING ACTIVITIES
Capital Expenditures $19.56M $28.03M
YoY Change -179.58% -462.32%
Acquisitions
YoY Change
Other Investing Activities $3.088M -$545.0K
YoY Change -511.73% -27.33%
Cash From Investing Activities -$16.47M -$28.58M
YoY Change -34.96% 236.73%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.150M $8.437M
YoY Change -110.58% -219.12%
NET CHANGE
Cash From Operating Activities 16.68M $12.70M
Cash From Investing Activities -16.47M -$28.58M
Cash From Financing Activities -1.150M $8.437M
Net Change In Cash -949.0K -$7.443M
YoY Change -244.01% 537.24%
FREE CASH FLOW
Cash From Operating Activities $16.68M $12.70M
Capital Expenditures $19.56M $28.03M
Free Cash Flow -$2.887M -$15.34M
YoY Change -107.27% -169.27%

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2390000 usd
CY2022Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
844000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
133000 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
352000 usd
CY2023Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-870000 usd
CY2022Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-73000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
12698000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
14402000 usd
CY2023Q1 us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
23895000 usd
CY2022Q1 us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
5845000 usd
CY2023Q1 us-gaap Payments To Acquire Other Receivables
PaymentsToAcquireOtherReceivables
1295000 usd
CY2022Q1 us-gaap Payments To Acquire Other Receivables
PaymentsToAcquireOtherReceivables
1500000 usd
CY2023Q1 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
750000 usd
CY2022Q1 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
750000 usd
CY2023Q1 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
4138000 usd
CY2022Q1 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
1892000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-28578000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-8487000 usd
CY2023Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
12000000 usd
CY2022Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
4000000 usd
CY2023Q1 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
32000 usd
CY2022Q1 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
40000 usd
CY2023Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
11646000 usd
CY2022Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
10969000 usd
CY2023Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
8215000 usd
CY2022Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
CY2023Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
100000 usd
CY2022Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
74000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
8437000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-7083000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-7443000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1168000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12068000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2867000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4625000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1699000 usd
CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
3866000 usd
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
2476000 usd
CY2023Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
3274000 usd
CY2022Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
982000 usd
CY2023Q1 chct Reclassification Of Registration Statement Costs Incurred In Prior Year To Equity Issuance Costs
ReclassificationOfRegistrationStatementCostsIncurredInPriorYearToEquityIssuanceCosts
52000 usd
CY2022Q1 chct Reclassification Of Registration Statement Costs Incurred In Prior Year To Equity Issuance Costs
ReclassificationOfRegistrationStatementCostsIncurredInPriorYearToEquityIssuanceCosts
119000 usd
CY2023Q1 chct Increase Decrease In Fair Value Of Cash Flow Hedges
IncreaseDecreaseInFairValueOfCashFlowHedges
-4973000 usd
CY2022Q1 chct Increase Decrease In Fair Value Of Cash Flow Hedges
IncreaseDecreaseInFairValueOfCashFlowHedges
11407000 usd
CY2023Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
60000 usd
CY2022Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
12000 usd
CY2023Q1 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
192000 usd
CY2022Q1 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
228000 usd
CY2023Q1 us-gaap Stock Issued1
StockIssued1
732000 usd
CY2022Q1 us-gaap Stock Issued1
StockIssued1
0 usd
CY2023Q1 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
974000000 usd
CY2023Q1 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
181 real_estate_property
CY2023Q1 chct Number Of Real Estate Properties Accounted For As Financing Lease
NumberOfRealEstatePropertiesAccountedForAsFinancingLease
1 real_estate_property
CY2023Q1 us-gaap Sales Type And Direct Financing Leases Lease Receivable
SalesTypeAndDirectFinancingLeasesLeaseReceivable
3000000 usd
CY2023Q1 us-gaap Number Of States In Which Entity Operates
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34 state
CY2023Q1 us-gaap Area Of Real Estate Property
AreaOfRealEstateProperty
4000000 sqft
CY2023Q1 chct Lessor Operating Lease Percentage Leased
LessorOperatingLeasePercentageLeased
0.916
CY2023Q1 us-gaap Lessor Operating Lease Term Of Contract
LessorOperatingLeaseTermOfContract
P7Y4M24D
CY2023Q1 us-gaap Use Of Estimates
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<div style="margin-bottom:3pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates in the Condensed Consolidated Financial Statements</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Preparation of the Condensed Consolidated Financial Statements in accordance with GAAP requires management to make estimates and assumptions that affect amounts reported in the Condensed Consolidated Financial Statements and accompanying notes. Actual results may materially differ from those estimates.</span></div>
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3666000 usd
CY2022Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1178000 usd
CY2023Q1 us-gaap Restricted Cash
RestrictedCash
959000 usd
CY2022Q1 us-gaap Restricted Cash
RestrictedCash
521000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4625000 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1699000 usd
CY2023Q1 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
974000000 usd
CY2023Q1 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
181 real_estate_property
CY2023Q1 chct Number Of Real Estate Properties Accounted For As Financing Lease
NumberOfRealEstatePropertiesAccountedForAsFinancingLease
1 real_estate_property
CY2023Q1 us-gaap Sales Type And Direct Financing Leases Lease Receivable
SalesTypeAndDirectFinancingLeasesLeaseReceivable
3000000 usd
CY2023Q1 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
181 real_estate_property
CY2023Q1 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
974042000 usd
CY2023Q1 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
181 real_estate_property
CY2023Q1 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
974042000 usd
CY2023Q1 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
181 real_estate_property
CY2023Q1 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
974042000 usd
CY2023Q1 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
67851000 usd
CY2023Q1 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
86063000 usd
CY2023Q1 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
79894000 usd
CY2023Q1 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
70085000 usd
CY2023Q1 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
64285000 usd
CY2023Q1 chct Lessor Operating Lease Payments To Be Received After Four Year
LessorOperatingLeasePaymentsToBeReceivedAfterFourYear
367034000 usd
CY2023Q1 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
735212000 usd
CY2023Q1 us-gaap Straight Line Rent
StraightLineRent
900000 usd
CY2022Q1 us-gaap Straight Line Rent
StraightLineRent
800000 usd
CY2023Q1 chct Number Of Real Estate Properties Accounted For As Financing Lease
NumberOfRealEstatePropertiesAccountedForAsFinancingLease
1 real_estate_property
CY2023Q1 us-gaap Sales Type And Direct Financing Leases Lease Receivable
SalesTypeAndDirectFinancingLeasesLeaseReceivable
3000000 usd
CY2023Q1 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Remainder Of Fiscal Year
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedRemainderOfFiscalYear
253000 usd
CY2023Q1 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Next Twelve Months
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedNextTwelveMonths
346000 usd
CY2023Q1 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Two Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedTwoYears
356000 usd
CY2023Q1 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Three Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedThreeYears
367000 usd
CY2023Q1 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Four Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedFourYears
378000 usd
CY2023Q1 chct Sales Type And Direct Financing Leases Lease Receivable To Be Received After Year Four
SalesTypeAndDirectFinancingLeasesLeaseReceivableToBeReceivedAfterYearFour
5210000 usd
CY2023Q1 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceived
6910000 usd
CY2023Q1 us-gaap Sales Type And Direct Financing Leases Lease Receivable Undiscounted Excess Amount
SalesTypeAndDirectFinancingLeasesLeaseReceivableUndiscountedExcessAmount
3877000 usd
CY2023Q1 us-gaap Sales Type And Direct Financing Leases Lease Receivable
SalesTypeAndDirectFinancingLeasesLeaseReceivable
3033000 usd
CY2023Q1 us-gaap Sales Type Lease Interest Income
SalesTypeLeaseInterestIncome
100000 usd
CY2022Q1 us-gaap Sales Type Lease Interest Income
SalesTypeLeaseInterestIncome
100000 usd
CY2023Q1 chct Lessee Number Of Operating Leases
LesseeNumberOfOperatingLeases
4 lease
CY2023Q1 chct Lessee Number Of Finance Leases
LesseeNumberOfFinanceLeases
2 lease
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
32000 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
106000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
43000 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
154000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
44000 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
154000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
44000 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
154000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
45000 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
154000 usd
CY2023Q1 chct Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
1148000 usd
CY2023Q1 chct Finance Lease Liability To Be Paid After Year Four
FinanceLeaseLiabilityToBePaidAfterYearFour
6956000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1356000 usd
CY2023Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
7678000 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
573000 usd
CY2023Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
4400000 usd
CY2023Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
783000 usd
CY2023Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
3278000 usd
CY2023Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P36Y10D
CY2022Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P36Y8M23D
CY2023Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.040
CY2022Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.040
CY2023Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P40Y6M21D
CY2022Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P36Y9M
CY2023Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.042
CY2022Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.041
CY2023Q1 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
16397000 usd
CY2023Q1 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
0 usd
CY2023Q1 us-gaap Derivative Assets
DerivativeAssets
16397000 usd
CY2023Q1 us-gaap Long Term Debt
LongTermDebt
365061000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
352997000 usd
CY2023Q1 us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
-8500000 usd
CY2023Q1 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
712000 usd
CY2023Q1 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0 usd
CY2023Q1 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
15685000 usd
CY2023Q1 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
712000 usd
CY2023Q1 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
0 usd
CY2023Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
712000 usd
CY2023Q1 us-gaap Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
712000 usd
CY2023Q1 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
0 usd
CY2023Q1 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
0 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
22667000 usd
CY2022Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
0 usd
CY2022Q4 us-gaap Derivative Assets
DerivativeAssets
22667000 usd
CY2022Q4 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
0 usd
CY2022Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
22667000 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
0 usd
CY2022Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
0 usd
CY2022Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
0 usd
CY2022Q4 us-gaap Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
0 usd
CY2022Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
0 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
0 usd
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
25897000 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
24983000 shares
CY2023Q1 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
249000 shares
CY2022 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
600000 shares
CY2023Q1 us-gaap Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
129000 shares
CY2022 us-gaap Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
318000 shares
CY2023Q1 us-gaap Stock Issued During Period Shares Restricted Stock Award Forfeited
StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited
1000 shares
CY2022 us-gaap Stock Issued During Period Shares Restricted Stock Award Forfeited
StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited
4000 shares
CY2023Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
26274000 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
25897000 shares
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-6922000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
5524000 usd
CY2023Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
822000 usd
CY2022Q1 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
658000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-7744000 usd
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
4866000 usd
CY2023Q1 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
26043000 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
25060000 shares
CY2023Q1 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
1816000 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
1490000 shares
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24227000 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23570000 shares
CY2023Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2022Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24227000 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
23570000 shares
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.32
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.21
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.32
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.21
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost
11800000 usd
CY2023Q1 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
271000 usd
CY2023Q1 us-gaap Notes Receivable Net
NotesReceivableNet
33250000 usd
CY2022Q4 us-gaap Notes Receivable Net
NotesReceivableNet
32705000 usd
CY2023Q1 us-gaap Accounts Receivable Net
AccountsReceivableNet
5387000 usd
CY2022Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
2679000 usd
CY2023Q1 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
16342000 usd
CY2022Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
15429000 usd
CY2023Q1 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
1341000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
980000 usd
CY2023Q1 us-gaap Other Deferred Costs Net
OtherDeferredCostsNet
630000 usd
CY2022Q4 us-gaap Other Deferred Costs Net
OtherDeferredCostsNet
683000 usd
CY2023Q1 chct Leasing Commissions Net
LeasingCommissionsNet
2036000 usd
CY2022Q4 chct Leasing Commissions Net
LeasingCommissionsNet
1848000 usd
CY2022Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
306000 usd
CY2023Q1 us-gaap Interest Rate Fair Value Hedge Asset At Fair Value
InterestRateFairValueHedgeAssetAtFairValue
16397000 usd
CY2022Q4 us-gaap Interest Rate Fair Value Hedge Asset At Fair Value
InterestRateFairValueHedgeAssetAtFairValue
22667000 usd
CY2023Q1 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
2441000 usd
CY2022Q4 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
2399000 usd
CY2023Q1 us-gaap Sales Type And Direct Financing Leases Lease Receivable
SalesTypeAndDirectFinancingLeasesLeaseReceivable
3033000 usd
CY2022Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable
SalesTypeAndDirectFinancingLeasesLeaseReceivable
3035000 usd
CY2023Q1 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
2530000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
2545000 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
751000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
759000 usd
CY2023Q1 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
580000 usd
CY2022Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
496000 usd
CY2023Q1 us-gaap Other Assets
OtherAssets
84989000 usd
CY2022Q4 us-gaap Other Assets
OtherAssets
86531000 usd
CY2023Q1 chct Other Liabilities Miscellaneous
OtherLiabilitiesMiscellaneous
846000 usd
CY2023Q1 us-gaap Advance Rent
AdvanceRent
4862000 usd
CY2022Q4 us-gaap Advance Rent
AdvanceRent
3853000 usd
CY2023Q1 us-gaap Security Deposit Liability
SecurityDepositLiability
3615000 usd
CY2022Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
5766000 usd
CY2023Q1 us-gaap Below Market Lease Net
BelowMarketLeaseNet
2144000 usd
CY2022Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
1075000 usd
CY2023Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
712000 usd
CY2022Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
0 usd
CY2023Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
3278000 usd
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
3279000 usd
CY2023Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
783000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
786000 usd
CY2022Q4 chct Other Liabilities Miscellaneous
OtherLiabilitiesMiscellaneous
478000 usd
CY2023Q1 us-gaap Other Liabilities
OtherLiabilities
16240000 usd
CY2022Q4 us-gaap Other Liabilities
OtherLiabilities
15237000 usd

Files In Submission

Name View Source Status
chct-20230331_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
0001631569-23-000040-index-headers.html Edgar Link pending
0001631569-23-000040-index.html Edgar Link pending
0001631569-23-000040.txt Edgar Link pending
0001631569-23-000040-xbrl.zip Edgar Link pending
chct-20230331.htm Edgar Link pending
chct-20230331.xsd Edgar Link pending
chct-20230331xexhibitx311.htm Edgar Link pending
chct-20230331xexhibitx321.htm Edgar Link pending
chct-20230331_cal.xml Edgar Link unprocessable
chct-20230331_def.xml Edgar Link unprocessable
chct-20230331_htm.xml Edgar Link completed
Financial_Report.xlsx Edgar Link pending
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chct-20230331_lab.xml Edgar Link unprocessable
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report.css Edgar Link pending
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