2021 Q4 Form 10-Q Financial Statement

#000095017021004315 Filed on November 12, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q3
Revenue $75.83M $74.18M $76.20M
YoY Change 7.09% -2.65% -4.99%
Cost Of Revenue $56.45M $52.71M $52.12M
YoY Change 10.51% 1.11% 3.84%
Gross Profit $19.38M $21.48M $24.08M
YoY Change -1.77% -10.79% -26.04%
Gross Profit Margin 25.55% 28.95% 31.6%
Selling, General & Admin $5.944M $5.804M $6.784M
YoY Change -13.69% -14.45% -0.78%
% of Gross Profit 30.68% 27.02% 28.18%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $12.83M $12.50M $14.30M
YoY Change 3.14% -12.59% 15.91%
% of Gross Profit 66.22% 58.2% 59.4%
Operating Expenses $18.78M $887.0K $886.0K
YoY Change -2.86% 0.11% -19.23%
Operating Profit $601.0K $3.033M $2.914M
YoY Change 50.63% 4.08% -73.64%
Interest Expense -$3.544M -$5.047M -$5.274M
YoY Change -1121.33% -4.3% -39.8%
% of Operating Profit -589.68% -166.4% -180.99%
Other Income/Expense, Net -$5.047M -$5.274M
YoY Change -4.3%
Pretax Income -$12.73M -$2.014M $2.360M
YoY Change -1806.84% -185.34% -48.91%
Income Tax $8.035M -$1.500M -$400.0K
% Of Pretax Income -16.95%
Net Earnings -$20.80M -$533.0K -$1.738M
YoY Change -3122.67% -69.33% -131.87%
Net Earnings / Revenue -27.43% -0.72% -2.28%
Basic Earnings Per Share
Diluted Earnings Per Share -$119.5K -$3.064K -$9.991K
COMMON SHARES
Basic Shares Outstanding 174.0M 174.0M
Diluted Shares Outstanding 174.0M shares

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $53.16M $55.55M $69.94M
YoY Change -13.52% -20.57% 84.18%
Cash & Equivalents $53.16M $55.55M $76.77M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $53.16M $55.55M $69.94M
YoY Change -13.52% -20.57% 84.18%
LONG-TERM ASSETS
Property, Plant & Equipment $1.347B $1.364B $1.399B
YoY Change -3.28% -2.52% -1.63%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $17.49M $18.02M $30.08M
YoY Change -31.52% -40.09% -82.04%
Total Long-Term Assets $1.383B $1.410B $1.458B
YoY Change -4.1% -3.25% -9.95%
TOTAL ASSETS
Total Short-Term Assets $53.16M $55.55M $69.94M
Total Long-Term Assets $1.383B $1.410B $1.458B
Total Assets $1.437B $1.466B $1.528B
YoY Change -4.49% -4.05% -7.8%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $29.17M $27.37M $29.13M
YoY Change -6.04% 18.08%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $30.58M $28.96M $31.16M
YoY Change 1608.16% -7.05% 16.08%
LONG-TERM LIABILITIES
Long-Term Debt $589.1M $590.1M $610.7M
YoY Change -1.83% -3.37% -14.91%
Other Long-Term Liabilities $6.115M $6.358M $8.200M
YoY Change -25.92% -22.46% -18.59%
Total Long-Term Liabilities $595.2M $596.5M $618.9M
YoY Change -2.16% -3.62% -14.96%
TOTAL LIABILITIES
Total Short-Term Liabilities $30.58M $28.96M $31.16M
Total Long-Term Liabilities $595.2M $596.5M $618.9M
Total Liabilities $625.8M $625.4M $651.9M
YoY Change -1.39% -4.06% -13.61%
SHAREHOLDERS EQUITY
Retained Earnings $101.9M $122.7M $124.1M
YoY Change -18.34% -1.13% 9.82%
Common Stock $1.519B $1.519B
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $809.0M $838.7M $875.7M
YoY Change
Total Liabilities & Shareholders Equity $1.437B $1.466B $1.528B
YoY Change -4.49% -4.05% -7.8%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income -$20.80M -$533.0K -$1.738M
YoY Change -3122.67% -69.33% -131.87%
Depreciation, Depletion And Amortization $12.83M $12.50M $14.30M
YoY Change 3.14% -12.59% 15.91%
Cash From Operating Activities $13.45M $8.719M $15.49M
YoY Change -13.9% -43.7% -8.39%
INVESTING ACTIVITIES
Capital Expenditures -$5.854M -$4.384M -$2.013M
YoY Change -9.72% 117.78% -11.09%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $5.023M
YoY Change -100.0% -100.0% 6339.74%
Cash From Investing Activities -$5.854M -$4.384M $3.010M
YoY Change -9.51% -245.65% -237.69%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -10.38M -14.01M -91.78M
YoY Change -47.86% -84.74% 187.24%
NET CHANGE
Cash From Operating Activities 13.45M 8.719M 15.49M
Cash From Investing Activities -5.854M -4.384M 3.010M
Cash From Financing Activities -10.38M -14.01M -91.78M
Net Change In Cash -2.787M -9.673M -73.28M
YoY Change -74.1% -86.8% 325.26%
FREE CASH FLOW
Cash From Operating Activities $13.45M $8.719M $15.49M
Capital Expenditures -$5.854M -$4.384M -$2.013M
Free Cash Flow $19.30M $13.10M $17.50M
YoY Change -12.68% -25.12% -8.71%

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IncomeLossFromDiscontinuedOperationsNetOfTax
798000
CY2021Q3 us-gaap Profit Loss
ProfitLoss
-512000
CY2020Q3 us-gaap Profit Loss
ProfitLoss
-1722000
us-gaap Profit Loss
ProfitLoss
-2098000
us-gaap Profit Loss
ProfitLoss
3302000
CY2021Q3 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
21000
CY2020Q3 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
16000
us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
-12000
us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
78000
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-533000
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-1738000
us-gaap Net Income Loss
NetIncomeLoss
-2086000
us-gaap Net Income Loss
NetIncomeLoss
3224000
CY2021Q3 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
0.00
CY2020Q3 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
0.01
us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
-0.01
us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
0.02
CY2021Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
0.00
CY2020Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
0.00
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
-0.00
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
0.00
CY2021Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
173960000
CY2020Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
173960000
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
173960000
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
173960000
CY2021Q3 us-gaap Profit Loss
ProfitLoss
-512000
CY2020Q3 us-gaap Profit Loss
ProfitLoss
-1722000
us-gaap Profit Loss
ProfitLoss
-2098000
us-gaap Profit Loss
ProfitLoss
3302000
CY2021Q3 chth Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax Excluding Equity Method Investments
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTaxExcludingEquityMethodInvestments
9000
CY2020Q3 chth Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax Excluding Equity Method Investments
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTaxExcludingEquityMethodInvestments
-13000
chth Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax Excluding Equity Method Investments
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTaxExcludingEquityMethodInvestments
15000
chth Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax Excluding Equity Method Investments
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTaxExcludingEquityMethodInvestments
-4000
CY2020Q3 chth Other Comprehensive Income Loss Interest Rate Caps Reclassification Adjustment From Aoci For Derecognition After Tax
OtherComprehensiveIncomeLossInterestRateCapsReclassificationAdjustmentFromAociForDerecognitionAfterTax
2000
chth Other Comprehensive Income Loss Interest Rate Caps Reclassification Adjustment From Aoci For Derecognition After Tax
OtherComprehensiveIncomeLossInterestRateCapsReclassificationAdjustmentFromAociForDerecognitionAfterTax
2000
CY2021Q3 chth Other Comprehensive Income Loss Unrealized Gain Loss On Derivative Instruments Of Equity Method Investments Portion Attributable To Parent
OtherComprehensiveIncomeLossUnrealizedGainLossOnDerivativeInstrumentsOfEquityMethodInvestmentsPortionAttributableToParent
1000
chth Other Comprehensive Income Loss Unrealized Gain Loss On Derivative Instruments Of Equity Method Investments Portion Attributable To Parent
OtherComprehensiveIncomeLossUnrealizedGainLossOnDerivativeInstrumentsOfEquityMethodInvestmentsPortionAttributableToParent
5000
chth Other Comprehensive Income Loss Unrealized Gain Loss On Derivative Instruments Of Equity Method Investments Portion Attributable To Parent
OtherComprehensiveIncomeLossUnrealizedGainLossOnDerivativeInstrumentsOfEquityMethodInvestmentsPortionAttributableToParent
-14000
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
10000
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-11000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
20000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-16000
CY2021Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-502000
CY2020Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-1733000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-2078000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
3286000
CY2021Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
21000
CY2020Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
16000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-12000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
78000
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-523000
CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-1749000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-2066000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
3208000
CY2021Q2 chth Stockholders Equity And Temporary Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityAndTemporaryEquityIncludingPortionAttributableToNoncontrollingInterest
849843000
CY2021Q3 us-gaap Profit Loss
ProfitLoss
-512000
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
10000
CY2021Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
23000
CY2021Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.05120
CY2021Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
8907000
CY2021Q3 chth Stockholders Equity And Temporary Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityAndTemporaryEquityIncludingPortionAttributableToNoncontrollingInterest
840411000
CY2020Q4 chth Stockholders Equity And Temporary Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityAndTemporaryEquityIncludingPortionAttributableToNoncontrollingInterest
869369000
us-gaap Profit Loss
ProfitLoss
-2098000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
20000
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
160000
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.1536
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
26720000
CY2021Q3 chth Stockholders Equity And Temporary Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityAndTemporaryEquityIncludingPortionAttributableToNoncontrollingInterest
840411000
CY2020Q2 chth Stockholders Equity And Temporary Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityAndTemporaryEquityIncludingPortionAttributableToNoncontrollingInterest
888227000
CY2020Q3 us-gaap Profit Loss
ProfitLoss
-1722000
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-11000
CY2020Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
10000
CY2020Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.05120
CY2020Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
8907000
CY2020Q3 chth Stockholders Equity And Temporary Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityAndTemporaryEquityIncludingPortionAttributableToNoncontrollingInterest
877577000
CY2019Q4 chth Stockholders Equity And Temporary Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityAndTemporaryEquityIncludingPortionAttributableToNoncontrollingInterest
901031000
us-gaap Profit Loss
ProfitLoss
3302000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-16000
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
95000
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.1536
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
26720000
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
75000
CY2020Q3 chth Stockholders Equity And Temporary Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityAndTemporaryEquityIncludingPortionAttributableToNoncontrollingInterest
877577000
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
32919000
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
46627000
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-7000
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
870000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
32912000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
47497000
chth Proceeds From Sale Of Real Estate Discontinued Operations
ProceedsFromSaleOfRealEstateDiscontinuedOperations
0
chth Proceeds From Sale Of Real Estate Discontinued Operations
ProceedsFromSaleOfRealEstateDiscontinuedOperations
53712000
chth Payments For Capital Expenditure Discontinued Operations
PaymentsForCapitalExpenditureDiscontinuedOperations
8332000
chth Payments For Capital Expenditure Discontinued Operations
PaymentsForCapitalExpenditureDiscontinuedOperations
5747000
chth Payments For Proceeds From Other Investing Activities Discontinued Operations
PaymentsForProceedsFromOtherInvestingActivitiesDiscontinuedOperations
-35000
chth Payments For Proceeds From Other Investing Activities Discontinued Operations
PaymentsForProceedsFromOtherInvestingActivitiesDiscontinuedOperations
-26000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-8297000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
47991000
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
7402000
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
28398000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-895000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
76389000
us-gaap Payments Of Dividends
PaymentsOfDividends
26720000
us-gaap Payments Of Dividends
PaymentsOfDividends
26720000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
40000000
us-gaap Payments Of Loan Costs
PaymentsOfLoanCosts
2242000
us-gaap Payments Of Loan Costs
PaymentsOfLoanCosts
46000
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
8439000
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
28961000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
80000000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-159000
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
76000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-37560000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-95651000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-5543000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
28235000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
66011000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
48537000
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
60468000
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
76772000
CY2018Q4 chth Number Of Properties
NumberOfProperties
70
CY2018Q4 chth Number Of Properties Sold
NumberOfPropertiesSold
63
CY2018Q4 chth Number Of Skilled Nursing Facilities Held For Sale
NumberOfSkilledNursingFacilitiesHeldForSale
7
CY2019 chth Number Of Properties Sold
NumberOfPropertiesSold
61
CY2020 chth Number Of Properties Sold
NumberOfPropertiesSold
7
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
69400000
CY2021Q3 chth Percentage Of Contract Related Revenue
PercentageOfContractRelatedRevenue
1.000
CY2020Q3 chth Percentage Of Contract Related Revenue
PercentageOfContractRelatedRevenue
1.000
us-gaap Use Of Estimates
UseOfEstimates
<p id="xbrl_ts_699aa1c389e94ae99ac3ba1db7db33aa" style="text-indent:0.0%;font-size:10.0pt;margin-top:0.0pt;line-height:1.3;font-family:Times New Roman;margin-bottom:10.0pt;text-align:justify;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;font-style:italic;">Use of Estimates</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:Times New Roman;"> —</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Times New Roman;"> The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the consolidated financial statements, the reported amounts of revenues and expenses during the reporting periods and the disclosure of contingent liabilities. For example, significant assumptions are made in the analysis of real estate impairments, the valuation of contingent assets and liabilities, and the valuation of restricted common stock (“Restricted Stock”) shares issued to the Advisor. Accordingly, actual results could differ from those estimates.</span></p>
CY2021Q3 chth Revenue Recognition Number Of Facility
RevenueRecognitionNumberOfFacility
6107
CY2020Q3 chth Revenue Recognition Number Of Facility
RevenueRecognitionNumberOfFacility
6107
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
66400000
chth Revenue Recognition Number Of Facility
RevenueRecognitionNumberOfFacility
6107
chth Revenue Recognition Number Of Facility
RevenueRecognitionNumberOfFacility
6107
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
197100000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
214600000
chth Percentage Of Contract Related Revenue
PercentageOfContractRelatedRevenue
1.000
chth Percentage Of Contract Related Revenue
PercentageOfContractRelatedRevenue
1.000
CY2021Q3 us-gaap Land And Land Improvements
LandAndLandImprovements
132920000
CY2020Q4 us-gaap Land And Land Improvements
LandAndLandImprovements
132663000
CY2021Q3 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
1505299000
CY2020Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
1501107000
CY2021Q3 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
97963000
CY2020Q4 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
94141000
CY2021Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
372284000
CY2020Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
335051000
CY2021Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1363898000
CY2020Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1392860000
CY2021Q3 us-gaap Depreciation
Depreciation
12500000
us-gaap Depreciation
Depreciation
37300000
CY2020Q3 us-gaap Depreciation
Depreciation
14300000
us-gaap Depreciation
Depreciation
39100000
CY2019 chth Number Of Properties Held For Sale
NumberOfPropertiesHeldForSale
61
CY2019 chth Number Of Other Properties
NumberOfOtherProperties
8
chth Number Of Properties Sold
NumberOfPropertiesSold
6
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
1100000
chth Number Of Post Acute Care Properties
NumberOfPostAcuteCareProperties
1
CY2020 chth Number Of Acute Care Properties
NumberOfAcuteCareProperties
1
CY2021Q3 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
0
CY2020Q3 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
256000
us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
6000
us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
1112000
CY2021Q3 us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
0
CY2020Q3 us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
38000
us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
19000
us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
314000
CY2021Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
0
CY2020Q3 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
218000
us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
-13000
us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
798000
CY2021Q3 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
0
CY2020Q3 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
0
us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
-3000
us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
0
CY2021Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0
CY2020Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
218000
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-10000
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
798000
CY2021Q3 us-gaap Variable Interest Entity Entity Maximum Loss Exposure Amount
VariableInterestEntityEntityMaximumLossExposureAmount
12100000
CY2021Q3 chth Liquidity
Liquidity
139300000
us-gaap Debt Instrument Restrictive Covenants
DebtInstrumentRestrictiveCovenants
The credit facilities contain affirmative, negative, and financial covenants which are customary for loans of this type, including (but not limited to): (i) maximum leverage, (ii) minimum fixed charge coverage ratio, (iii) minimum consolidated net worth, (iv) restrictions on payments of cash distributions except if required by REIT requirements, (v) maximum secured indebtedness, (vi) maximum secured recourse debt, (vii) minimum unsecured interest coverage, (viii) maximum unsecured indebtedness ratio, and (ix) limitations on certain types of investments and with respect to the pool of properties supporting borrowings under the credit facilities, minimum weighted average occupancy, and remaining lease terms, as well as property type, MSA, operator, and asset value concentration limits. The limitations on distributions generally include a limitation on the extent of allowable distributions, which are not to exceed the greater of 95% of adjusted FFO (as defined per the credit facilities) and the minimum amount of distributions required to maintain the Company’s REIT status. As of September 30, 2021, the Company was in compliance with all financial covenants related to its Credit Facilities.
chth Financial Covenant Limitations Maximum Allowable Distributions As Percentage Of Adjusted Funds From Operations
FinancialCovenantLimitationsMaximumAllowableDistributionsAsPercentageOfAdjustedFundsFromOperations
0.95
CY2021Q3 us-gaap Operating Expenses
OperatingExpenses
887000
CY2020Q3 us-gaap Operating Expenses
OperatingExpenses
886000
us-gaap Operating Expenses
OperatingExpenses
2360000
us-gaap Operating Expenses
OperatingExpenses
2616000
CY2021Q3 chth Accrued General And Administrative Expenses Current
AccruedGeneralAndAdministrativeExpensesCurrent
396000
CY2020Q4 chth Accrued General And Administrative Expenses Current
AccruedGeneralAndAdministrativeExpensesCurrent
275000
CY2021Q3 chth Related Party Transaction Cost Of Reimbursable Expense
RelatedPartyTransactionCostOfReimbursableExpense
887000
CY2020Q3 chth Related Party Transaction Cost Of Reimbursable Expense
RelatedPartyTransactionCostOfReimbursableExpense
886000
chth Related Party Transaction Asset Management Costs
RelatedPartyTransactionAssetManagementCosts
12165000
chth Related Party Transaction Asset Management Costs
RelatedPartyTransactionAssetManagementCosts
13677000
CY2021Q3 chth Due To Related Party Asset Management Fees
DueToRelatedPartyAssetManagementFees
1191000
chth Related Party Transaction Cost Of Reimbursable Expense
RelatedPartyTransactionCostOfReimbursableExpense
2360000
chth Related Party Transaction Cost Of Reimbursable Expense
RelatedPartyTransactionCostOfReimbursableExpense
2616000
CY2021Q3 chth Reimbursable Offering Expenses Due Related Party
ReimbursableOfferingExpensesDueRelatedParty
396000
CY2020Q4 chth Reimbursable Offering Expenses Due Related Party
ReimbursableOfferingExpensesDueRelatedParty
275000
chth Disposal Cost
DisposalCost
143000
CY2021Q3 chth Financing Coordination Fees
FinancingCoordinationFees
1500000
chth Financing Coordination Fees
FinancingCoordinationFees
1500000
CY2021Q3 chth Related Party Transaction Asset Management Costs
RelatedPartyTransactionAssetManagementCosts
3575000
CY2020Q3 chth Related Party Transaction Asset Management Costs
RelatedPartyTransactionAssetManagementCosts
4513000
CY2020Q4 chth Due To Related Party Asset Management Fees
DueToRelatedPartyAssetManagementFees
1505000
CY2021Q3 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
5962000
CY2020Q3 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
5399000
us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
16025000
us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
16436000
CY2021Q3 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
1587000
CY2020Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
1780000
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1500000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3900000
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-400000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
900000
CY2021Q3 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
1600000
us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
4300000
CY2021Q3 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
100000
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
400000
CY2020Q3 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-100000
us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-400000
CY2020Q3 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
500000
us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
-500000
CY2021Q3 chth Number Of Promoted Interest Agreements
NumberOfPromotedInterestAgreements
2
CY2021Q3 chth Number Of Promoted Interest Agreements Met Established Performance Metrics
NumberOfPromotedInterestAgreementsMetEstablishedPerformanceMetrics
0

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