$CHTH
CNL Healthcare Properties, Inc.

2016 Q2 Form 10-Q Financial Statement

#000156459016023919 Filed on August 10, 2016

View on sec.gov

Income Statement

Concept 2016 Q2 2015 Q2
Revenue $94.04M $67.48M
YoY Change 39.37% 58.9%
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
YoY Change
% of Gross Profit
Operating Expenses $1.268M $1.122M
YoY Change 13.01% 51.01%
Operating Profit $2.714M -$3.650M
YoY Change -174.36% 7.96%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net -$14.75M -$9.743M
YoY Change 51.37% 9.23%
Pretax Income -$12.03M -$13.39M
YoY Change -10.15% 8.88%
Income Tax $55.00K $22.00K
% Of Pretax Income
Net Earnings -$12.07M -$13.41M
YoY Change -9.98% 9.0%
Net Earnings / Revenue -12.84% -19.87%
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding 141.2M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2016 Q2 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $121.6M
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
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 $2.274B
YoY Change 58.83%
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 $1.137B
YoY Change 33.3%
SHAREHOLDERS EQUITY
Retained Earnings -$114.5M
YoY Change 106.66%
Common Stock $1.337B
YoY Change 171740.1%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.137B
YoY Change
Total Liabilities & Shareholders Equity $2.274B
YoY Change 58.83%

Cashflow Statement

Concept 2016 Q2 2015 Q2
OPERATING ACTIVITIES
Net Income -$12.07M -$13.41M
YoY Change -9.98% 9.0%
Depreciation, Depletion And Amortization
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
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DeferredRentReceivablesNet
23477000
CY2015Q4 us-gaap Other Assets
OtherAssets
23334000
CY2016Q2 us-gaap Health Care Organization Resident Service Revenue
HealthCareOrganizationResidentServiceRevenue
57979000
CY2015Q4 us-gaap Minority Interest
MinorityInterest
1462000
CY2015Q4 chp Stockholders Equity And Temporary Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityAndTemporaryEquityIncludingPortionAttributableToNoncontrollingInterest
1259102000
CY2016Q2 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
31119000
CY2016Q2 us-gaap Reimbursement Revenue
ReimbursementRevenue
4943000
CY2015Q2 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
22231000
CY2015Q2 us-gaap Health Care Organization Resident Service Revenue
HealthCareOrganizationResidentServiceRevenue
41725000
CY2015Q2 us-gaap Reimbursement Revenue
ReimbursementRevenue
3520000
CY2015Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
18638000
us-gaap Gain Loss On Contract Termination
GainLossOnContractTermination
-863000
CY2015Q2 us-gaap Interest And Other Income
InterestAndOtherIncome
50000
us-gaap Interest And Other Income
InterestAndOtherIncome
45000
CY2015Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-280000
CY2016Q2 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
18257000
CY2016Q2 us-gaap Interest And Other Income
InterestAndOtherIncome
17000
CY2015Q2 chp Other Comprehensive Income Loss Unrealized Gain Loss On Derivative Instruments Of Equity Method Investments Portion Attributable To Parent
OtherComprehensiveIncomeLossUnrealizedGainLossOnDerivativeInstrumentsOfEquityMethodInvestmentsPortionAttributableToParent
-2000
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
21383000
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
368864000
us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
3805000
us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
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36632000
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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8000
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
28143000
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2116
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2116
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
270180000
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
33772000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
5425000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
3432000
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
1773000
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-4005000
us-gaap Payments For Leasing Costs
PaymentsForLeasingCosts
1444000
us-gaap Payments For Leasing Costs
PaymentsForLeasingCosts
1370000
us-gaap Payments For Deposits On Real Estate Acquisitions
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us-gaap Payments For Deposits On Real Estate Acquisitions
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31455000
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21998000
us-gaap Operating Income Loss
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9513000
us-gaap Interest And Debt Expense
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28037000
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us-gaap Depreciation And Amortization
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64139000
CY2015Q2 us-gaap Costs And Expenses
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71126000
us-gaap Costs And Expenses
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185278000
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0.01
CY2015Q4 us-gaap Common Stock Par Or Stated Value Per Share
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1120000000
CY2015Q4 us-gaap Common Stock Shares Authorized
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CY2016Q2 chp Excess Stock Par Or Stated Value Per Share
ExcessStockParOrStatedValuePerShare
0.01
CY2016Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
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PreferredStockParOrStatedValuePerShare
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CommonStockSharesOutstanding
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CY2015Q4 chp Excess Stock Par Or Stated Value Per Share
ExcessStockParOrStatedValuePerShare
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CY2015Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
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CY2016Q2 us-gaap Preferred Stock Shares Authorized
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CY2015Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
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CY2016Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
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CY2015Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
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CY2016Q2 us-gaap Excess Stock Shares Authorized
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CY2015Q4 us-gaap Excess Stock Shares Authorized
ExcessStockSharesAuthorized
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CY2016Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
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CY2015Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
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CY2016Q2 us-gaap Excess Stock Shares Issued
ExcessStockSharesIssued
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CY2015Q4 us-gaap Excess Stock Shares Issued
ExcessStockSharesIssued
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CY2016Q2 us-gaap Excess Stock Shares Outstanding
ExcessStockSharesOutstanding
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CY2015Q4 us-gaap Excess Stock Shares Outstanding
ExcessStockSharesOutstanding
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CY2016Q2 us-gaap Revenues
Revenues
94041000
CY2016Q2 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
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CY2015Q2 us-gaap Revenues
Revenues
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us-gaap Revenues
Revenues
187001000
CY2015Q2 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
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GeneralAndAdministrativeExpense
3611000
CY2016Q2 us-gaap Minority Interest
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1449000
CY2016Q2 chp Stockholders Equity And Temporary Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityAndTemporaryEquityIncludingPortionAttributableToNoncontrollingInterest
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NetIncomeLoss
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CY2015Q2 us-gaap Profit Loss
ProfitLoss
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CY2016Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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CY2015Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2016Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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chp Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax Excluding Equity Method Investments
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTaxExcludingEquityMethodInvestments
-3624000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-36405000
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
-10000
CY2015Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
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CY2015Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-11608000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-34805000
us-gaap Profit Loss
ProfitLoss
-26530000
CY2016Q2 us-gaap Profit Loss
ProfitLoss
-12089000
CY2016Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.07
CY2015Q2 chp Stockholders Equity And Temporary Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityAndTemporaryEquityIncludingPortionAttributableToNoncontrollingInterest
1137621000
CY2016Q2 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
9651000
us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
19307000
CY2015Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
22000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
175000
CY2016Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
34000
CY2016Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2016Q2 us-gaap Interest And Debt Expense
InterestAndDebtExpense
14799000
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CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
2714000
CY2016Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
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CY2016Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
55000
CY2016Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
17564000
chp Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax Excluding Equity Method Investments
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTaxExcludingEquityMethodInvestments
-9914000
CY2015Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-162000
CY2016Q2 chp Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax Excluding Equity Method Investments
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTaxExcludingEquityMethodInvestments
-1966000
CY2015Q2 chp Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax Excluding Equity Method Investments
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTaxExcludingEquityMethodInvestments
1642000
chp Other Comprehensive Income Loss Unrealized Gain Loss On Derivative Instruments Of Equity Method Investments Portion Attributable To Parent
OtherComprehensiveIncomeLossUnrealizedGainLossOnDerivativeInstrumentsOfEquityMethodInvestmentsPortionAttributableToParent
-1000
CY2016Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-17000
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
22074000
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
34749000
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
37699000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-46841000
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
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us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
5433000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
35113000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
90250000
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
98561000
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
9749000
us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
587000
CY2016Q2 us-gaap Operating Expenses
OperatingExpenses
1268000
CY2015Q2 us-gaap Operating Expenses
OperatingExpenses
1122000
CY2014Q4 chp Stockholders Equity And Temporary Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityAndTemporaryEquityIncludingPortionAttributableToNoncontrollingInterest
872160000
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
20000
chp Adjustments To Additional Paid In Capital Distribution To Holder Of Promoted Interest
AdjustmentsToAdditionalPaidInCapitalDistributionToHolderOfPromotedInterest
3850000
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
36992000
chp Payment Of Distribution To Holder Of Promoted Interest
PaymentOfDistributionToHolderOfPromotedInterest
2000000
CY2015Q4 us-gaap Land And Land Improvements
LandAndLandImprovements
227019000
CY2016Q2 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
2312920000
CY2015Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
2281342000
CY2016Q2 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
63426000
CY2015Q4 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
58825000
CY2016Q2 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
155126000
CY2015Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
115648000
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
750000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-28078000
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IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-13393000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-26355000
CY2016Q2 chp Other Comprehensive Income Loss Reclassification Of Cash Flow Hedges Due To Ineffectiveness Net Of Tax
OtherComprehensiveIncomeLossReclassificationOfCashFlowHedgesDueToIneffectivenessNetOfTax
-5000
chp Other Comprehensive Income Loss Reclassification Of Cash Flow Hedges Due To Ineffectiveness Net Of Tax
OtherComprehensiveIncomeLossReclassificationOfCashFlowHedgesDueToIneffectivenessNetOfTax
-24000
chp Other Comprehensive Income Loss Unrealized Gain Loss On Derivative Instruments Of Equity Method Investments Portion Attributable To Parent
OtherComprehensiveIncomeLossUnrealizedGainLossOnDerivativeInstrumentsOfEquityMethodInvestmentsPortionAttributableToParent
-8000
CY2015Q4 chp Loan Costs Net
LoanCostsNet
8610000
CY2015Q4 chp Finite Lived Intangible Liabilities Accumulated Amortization
FiniteLivedIntangibleLiabilitiesAccumulatedAmortization
2581000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
25400000
chp Amortization Of Intangible Liabilities
AmortizationOfIntangibleLiabilities
800000
CY2015Q2 chp Amortization Of Intangible Liabilities
AmortizationOfIntangibleLiabilities
300000
chp Amortization Of Intangible Liabilities
AmortizationOfIntangibleLiabilities
800000
CY2016Q1 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
6560000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
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us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
352598000
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
32000
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
37429000
us-gaap Payments Of Dividends
PaymentsOfDividends
15609000
us-gaap Payments Of Dividends
PaymentsOfDividends
11876000
chp Payment Of Distribution To Holder Of Promoted Interest Payment
PaymentOfDistributionToHolderOfPromotedInterestPayment
1850000
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
8000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2814000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
50000000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
31403000
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
74631000
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
75480000
us-gaap Payments For Proceeds From Deposit On Loan
PaymentsForProceedsFromDepositOnLoan
65000
us-gaap Payments Of Loan Costs
PaymentsOfLoanCosts
1473000
us-gaap Payments Of Loan Costs
PaymentsOfLoanCosts
1148000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
8606000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
317071000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-3486000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
30271000
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
91355000
CY2015Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
121626000
us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
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us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
8598000
CY2016Q2 chp Redemptions Payable
RedemptionsPayable
14870000
CY2015Q2 chp Redemptions Payable
RedemptionsPayable
1863000
us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="margin-bottom:10pt;text-align:justify;margin-top:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Use of Estimates<font style="font-style:normal;"> &#8212;</font><font style="font-weight:normal;font-style:normal;"> The preparation of financial statements in conformity with 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 allocation of purchase price, the analysis of real estate impairments, the valuation of contingent assets and liabilities, and the valuation of restricted stock shares issued to the Advisor or Property Manager.&nbsp;&nbsp;Accordingly, actual results could differ from those estimates.</font></p></div>
dei Entity Incorporation Date Of Incorporation
EntityIncorporationDateOfIncorporation
2010-06-08
CY2015Q4 chp Sale Of Additional Shares Of Common Stock
SaleOfAdditionalSharesOfCommonStock
20000000
CY2016Q2 us-gaap Land And Land Improvements
LandAndLandImprovements
232558000
chp Real Estate Held For Sale Accumulated Depreciation
RealEstateHeldForSaleAccumulatedDepreciation
1549000
CY2015 chp Real Estate Held For Sale Accumulated Depreciation
RealEstateHeldForSaleAccumulatedDepreciation
1159000
chp Real Estate Development Expense
RealEstateDevelopmentExpense
67313000
chp Estimated Remaining Development Costs
EstimatedRemainingDevelopmentCosts
108061000
CY2016Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
100309000
CY2015Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
74895000
CY2016Q2 chp Finite Lived Intangible Liabilities Accumulated Amortization
FiniteLivedIntangibleLiabilitiesAccumulatedAmortization
3431000
CY2016Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
12200000
CY2015Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10300000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
20500000
CY2016Q2 chp Amortization Of Intangible Liabilities
AmortizationOfIntangibleLiabilities
400000
CY2015Q2 chp Offering Costs
OfferingCosts
984000
chp Offering Costs
OfferingCosts
1866000
us-gaap Operating Expenses
OperatingExpenses
2498000
us-gaap Operating Expenses
OperatingExpenses
2021000
CY2016Q2 us-gaap Variable Interest Entity Entity Maximum Loss Exposure Amount
VariableInterestEntityEntityMaximumLossExposureAmount
83900000
us-gaap Variable Interest Entity Description Of Entity
VariableInterestEntityDescriptionOfEntity
As of June 30, 2016, the Company has 12 subsidiaries which are VIEs due to the following factors and circumstances: Three of these subsidiaries are single property entities, designed to own and lease their respective properties to multiple tenants, which are subject to either a ground lease or an air rights lease that include buy-out and put options held by either the tenant or landlord under the applicable lease. These buy-out and put options have the potential to cap either the Company’s expected returns or its obligation to absorb the losses of the properties. Six of these subsidiaries are entities with real estate under development or completed developments in which there is insufficient equity at risk due to the development nature of each entity. Two of these subsidiaries are joint ventures with real estate under development in which there is insufficient equity at risk due to the development nature of each joint venture. One of these subsidiaries is a joint venture in which the Company’s co-venture partner has an equity interest that consists of non-substantive protective voting rights, but not any participating or kick-out rights.
CY2016Q2 us-gaap Business Combination Consideration Transferred Liabilities Incurred
BusinessCombinationConsiderationTransferredLiabilitiesIncurred
97000
CY2016Q2 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
750000
CY2016Q2 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
5907000
CY2015Q1 us-gaap Business Combination Contingent Consideration Asset
BusinessCombinationContingentConsiderationAsset
4078000
CY2015Q2 chp Business Acquisition Contingent Consideration Cash Payment
BusinessAcquisitionContingentConsiderationCashPayment
2579000
CY2015Q2 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Asset1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationAsset1
321000
CY2015Q2 us-gaap Business Combination Contingent Consideration Asset
BusinessCombinationContingentConsiderationAsset
1820000
CY2015Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
6481000
us-gaap Business Combination Consideration Transferred Liabilities Incurred
BusinessCombinationConsiderationTransferredLiabilitiesIncurred
176000
CY2014Q4 us-gaap Business Combination Contingent Consideration Asset
BusinessCombinationContingentConsiderationAsset
4078000
chp Business Acquisition Contingent Consideration Cash Payment
BusinessAcquisitionContingentConsiderationCashPayment
2579000
us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Asset1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationAsset1
321000
CY2016Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
929468000
CY2015Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
840656000
CY2016Q2 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
144000
CY2015Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
221000
CY2016Q2 chp Loan Costs Net
LoanCostsNet
8498000
CY2016Q2 us-gaap Long Term Debt
LongTermDebt
1522341000
CY2015Q4 us-gaap Long Term Debt
LongTermDebt
1488109000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
1040000
CY2016Q2 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
200000
CY2015Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
100000
chp Operating Expenses Reimbursement Percentage Of Average Investment In Assets
OperatingExpensesReimbursementPercentageOfAverageInvestmentInAssets
0.02
chp Operating Expenses Reimbursement Percentage Of Net Income
OperatingExpensesReimbursementPercentageOfNetIncome
0.25
CY2015Q2 chp Selling Commissions
SellingCommissions
3969000
chp Selling Commissions
SellingCommissions
7991000
CY2015Q2 chp Marketing Support Fees
MarketingSupportFees
5232000
chp Marketing Support Fees
MarketingSupportFees
10619000
CY2015Q2 chp Fees And Commission Expenses
FeesAndCommissionExpenses
9201000
chp Fees And Commission Expenses
FeesAndCommissionExpenses
18610000
CY2016Q2 us-gaap Cost Of Reimbursable Expense
CostOfReimbursableExpense
1304000
CY2015Q2 us-gaap Cost Of Reimbursable Expense
CostOfReimbursableExpense
2307000
us-gaap Cost Of Reimbursable Expense
CostOfReimbursableExpense
2563000
us-gaap Cost Of Reimbursable Expense
CostOfReimbursableExpense
4192000
CY2015Q2 us-gaap Noninterest Expense Investment Advisory Fees
NoninterestExpenseInvestmentAdvisoryFees
3605000
us-gaap Noninterest Expense Investment Advisory Fees
NoninterestExpenseInvestmentAdvisoryFees
5021000
CY2015Q2 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
12039000
us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
21206000
CY2015Q4 chp Offering Costs Due
OfferingCostsDue
32000
CY2016Q2 chp Accrued General And Administrative Expenses Current
AccruedGeneralAndAdministrativeExpensesCurrent
1572000
CY2015Q4 chp Accrued General And Administrative Expenses Current
AccruedGeneralAndAdministrativeExpensesCurrent
935000
CY2016Q2 chp Related Party Transaction Acquisition Fees Payable
RelatedPartyTransactionAcquisitionFeesPayable
26000
CY2015Q4 chp Related Party Transaction Acquisition Fees Payable
RelatedPartyTransactionAcquisitionFeesPayable
12000
CY2016Q2 chp Reimbursable Offering Expenses Due Related Party
ReimbursableOfferingExpensesDueRelatedParty
1598000
CY2015Q4 chp Reimbursable Offering Expenses Due Related Party
ReimbursableOfferingExpensesDueRelatedParty
979000
CY2015Q4 chp Due To Related Party Investment Services Fees
DueToRelatedPartyInvestmentServicesFees
182000
CY2016Q2 chp Property Management Fees Due To Related Party
PropertyManagementFeesDueToRelatedParty
748000
CY2015Q4 chp Property Management Fees Due To Related Party
PropertyManagementFeesDueToRelatedParty
418000
CY2016Q2 chp Due To Related Party Asset Management Fees
DueToRelatedPartyAssetManagementFees
712000
CY2015Q4 chp Due To Related Party Asset Management Fees
DueToRelatedPartyAssetManagementFees
224000
CY2016Q2 chp Capitalized Amount Of Construction Management Fees
CapitalizedAmountOfConstructionManagementFees
100000
chp Capitalized Amount Of Construction Management Fees
CapitalizedAmountOfConstructionManagementFees
300000
CY2015Q2 chp Capitalized Amount Of Construction Management Fees
CapitalizedAmountOfConstructionManagementFees
200000
chp Capitalized Amount Of Construction Management Fees
CapitalizedAmountOfConstructionManagementFees
500000
CY2016Q2 chp Capitalized Amount Of Asset Management Fees
CapitalizedAmountOfAssetManagementFees
100000
chp Capitalized Amount Of Asset Management Fees
CapitalizedAmountOfAssetManagementFees
400000
CY2015Q2 chp Capitalized Amount Of Asset Management Fees
CapitalizedAmountOfAssetManagementFees
900000
chp Capitalized Amount Of Asset Management Fees
CapitalizedAmountOfAssetManagementFees
1400000
CY2016Q2 us-gaap Operating Support From Adviser Amount
OperatingSupportFromAdviserAmount
1300000
us-gaap Operating Support From Adviser Amount
OperatingSupportFromAdviserAmount
1700000
CY2015Q2 us-gaap Operating Support From Adviser Amount
OperatingSupportFromAdviserAmount
200000
us-gaap Operating Support From Adviser Amount
OperatingSupportFromAdviserAmount
300000
CY2016Q1 chp Common Stock Offering Price
CommonStockOfferingPrice
10.58
CY2016Q2 chp Common Stock Offering Price
CommonStockOfferingPrice
9.75
CY2016Q1 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
0.0353
CY2016Q2 us-gaap Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
0.0353
us-gaap Common Stock Dividends Shares
CommonStockDividendsShares
0
us-gaap Common Stock Dividends Shares
CommonStockDividendsShares
0
CY2015Q4 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
9.75
us-gaap Common Stock Dividends Shares
CommonStockDividendsShares
0.0025
us-gaap Dividends Common Stock
DividendsCommonStock
15600000
us-gaap Dividends Common Stock
DividendsCommonStock
11900000
CY2016Q2 chp Average Redemption Common Stock Price Per Share
AverageRedemptionCommonStockPricePerShare
9.73
CY2015Q2 chp Average Redemption Common Stock Price Per Share
AverageRedemptionCommonStockPricePerShare
9.51
CY2016Q2 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
-1961000
CY2015Q2 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
1802000
us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
-9891000
us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
-3396000
chp Number Of Remaining Promoted Interest Agreements With Third Party Developers
NumberOfRemainingPromotedInterestAgreementsWithThirdPartyDevelopers
8

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