$CHTH
CNL Healthcare Properties, Inc.

2021 Q1 Form 10-Q Financial Statement

#000156459021027879 Filed on May 14, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $72.08M $81.74M
YoY Change -11.82% 1.93%
Cost Of Revenue $50.93M $51.77M
YoY Change -1.64%
Gross Profit $21.16M $29.97M
YoY Change -29.4%
Gross Profit Margin 29.35% 36.66%
Selling, General & Admin $6.717M $6.719M
YoY Change -0.03%
% of Gross Profit 31.75% 22.42%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $12.40M $12.40M
YoY Change 0.0%
% of Gross Profit 58.61% 41.37%
Operating Expenses $753.0K $668.0K
YoY Change 12.72% -47.32%
Operating Profit $1.804M $11.78M
YoY Change -84.69% 8.79%
Interest Expense -$5.302M -$6.839M
YoY Change -22.47%
% of Operating Profit -293.9% -58.05%
Other Income/Expense, Net $5.302M -$6.839M
YoY Change -177.53% -36.32%
Pretax Income -$3.498M $4.942M
YoY Change -170.78% 5452.81%
Income Tax -$1.300M $556.0K
% Of Pretax Income 11.25%
Net Earnings -$2.147M $4.742M
YoY Change -145.28% -52.1%
Net Earnings / Revenue -2.98% 5.8%
Basic Earnings Per Share
Diluted Earnings Per Share -$12.34K $27.26K
COMMON SHARES
Basic Shares Outstanding 174.0M
Diluted Shares Outstanding

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $68.36M
YoY Change
Cash & Equivalents $72.30M $113.7M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $68.36M
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $1.382B
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $17.77M
YoY Change
Total Long-Term Assets $1.424B
YoY Change
TOTAL ASSETS
Total Short-Term Assets $68.36M
Total Long-Term Assets $1.424B
Total Assets $1.492B $1.587B
YoY Change -5.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $26.00M
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $27.83M
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $597.6M
YoY Change
Other Long-Term Liabilities $8.398M
YoY Change
Total Long-Term Liabilities $606.0M
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $27.83M
Total Long-Term Liabilities $606.0M
Total Liabilities $633.8M $690.0M
YoY Change -8.15%
SHAREHOLDERS EQUITY
Retained Earnings $122.6M
YoY Change
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 $856.5M
YoY Change
Total Liabilities & Shareholders Equity $1.492B
YoY Change

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income -$2.147M $4.742M
YoY Change -145.28% -52.1%
Depreciation, Depletion And Amortization $12.40M $12.40M
YoY Change 0.0%
Cash From Operating Activities $12.63M $17.86M
YoY Change -29.27% -31.71%
INVESTING ACTIVITIES
Capital Expenditures -$1.975M -$2.499M
YoY Change -20.97%
Acquisitions
YoY Change
Other Investing Activities -$35.00K $82.11M
YoY Change -100.04% -4941.39%
Cash From Investing Activities $5.462M $79.61M
YoY Change -93.14% 2.84%
FINANCING ACTIVITIES
Cash Dividend Paid $8.907M $8.906M
YoY Change 0.01% -56.01%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -11.81M -32.31M
YoY Change -63.45% 60.46%
NET CHANGE
Cash From Operating Activities 12.63M 17.86M
Cash From Investing Activities 5.462M 79.61M
Cash From Financing Activities -11.81M -32.31M
Net Change In Cash 6.285M 65.16M
YoY Change -90.35% -21.9%
FREE CASH FLOW
Cash From Operating Activities $12.63M $17.86M
Capital Expenditures -$1.975M -$2.499M
Free Cash Flow $14.61M $20.36M
YoY Change -28.25%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
61475000
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
4536000
CY2021Q1 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
25997000
CY2020Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
24519000
CY2021Q1 us-gaap Preferred Stock Value
PreferredStockValue
CY2021Q1 us-gaap Common Stock Value
CommonStockValue
1740000
CY2020Q4 us-gaap Common Stock Value
CommonStockValue
1740000
CY2021Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1516926000
CY2020Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1516926000
CY2021Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
122596000
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
124743000
CY2021Q1 us-gaap Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
784773000
CY2020Q4 us-gaap Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
775866000
CY2021Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-32000
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-35000
CY2021Q1 us-gaap Other Liabilities
OtherLiabilities
8398000
CY2020Q4 us-gaap Other Liabilities
OtherLiabilities
8255000
CY2021Q1 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
1831000
CY2020Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
1780000
CY2020Q4 chp Disposal Group Liabilities On Assets Held For Sale
DisposalGroupLiabilitiesOnAssetsHeldForSale
10000
CY2021Q1 us-gaap Liabilities
Liabilities
633783000
CY2021Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2021Q1 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
519000
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
856457000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
867508000
CY2021Q1 us-gaap Minority Interest
MinorityInterest
1208000
CY2020Q4 us-gaap Minority Interest
MinorityInterest
1289000
CY2021Q1 chp Stockholders Equity And Temporary Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityAndTemporaryEquityIncludingPortionAttributableToNoncontrollingInterest
858184000
CY2020Q4 chp Stockholders Equity And Temporary Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityAndTemporaryEquityIncludingPortionAttributableToNoncontrollingInterest
869369000
CY2021Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1491967000
CY2020Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1504041000
CY2021Q1 chp Rental Income And Related Revenues
RentalIncomeAndRelatedRevenues
7274000
CY2020Q1 chp Rental Income And Related Revenues
RentalIncomeAndRelatedRevenues
8122000
CY2021Q1 us-gaap Type Of Revenue Extensible List
TypeOfRevenueExtensibleList
us-gaap:HealthCareResidentServiceMember
CY2021Q1 us-gaap Revenues
Revenues
72083000
CY2020Q1 us-gaap Revenues
Revenues
81744000
CY2021Q1 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
47855000
CY2020Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
20000
CY2020Q1 chp Interest And Other Income Expense
InterestAndOtherIncomeExpense
31000
CY2020Q1 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
48246000
CY2021Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2248000
CY2020Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2133000
CY2020Q1 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
1074000
CY2020Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
11781000
CY2021Q1 chp Interest And Other Income Expense
InterestAndOtherIncomeExpense
-2000
CY2020Q1 us-gaap Interest And Debt Expense
InterestAndDebtExpense
7076000
CY2020Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
206000
CY2020Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-6839000
CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
4942000
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
556000
CY2021Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-2162000
CY2020Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
4386000
CY2021Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-10000
CY2020Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
392000
CY2021Q1 us-gaap Profit Loss
ProfitLoss
-2172000
CY2020Q1 us-gaap Profit Loss
ProfitLoss
4778000
CY2021Q1 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
-25000
CY2020Q1 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
36000
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-2147000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
4742000
CY2021Q1 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
-0.01
CY2020Q1 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
0.03
CY2021Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
0.00
CY2020Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
0.00
CY2021Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
173960
CY2020Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
173960
CY2021Q1 chp Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax Excluding Equity Method Investments
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTaxExcludingEquityMethodInvestments
1000
CY2020Q1 chp Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax Excluding Equity Method Investments
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTaxExcludingEquityMethodInvestments
4000
CY2021Q1 chp Other Comprehensive Income Loss Unrealized Gain Loss On Derivative Instruments Of Equity Method Investments Portion Attributable To Parent
OtherComprehensiveIncomeLossUnrealizedGainLossOnDerivativeInstrumentsOfEquityMethodInvestmentsPortionAttributableToParent
2000
CY2020Q1 chp Other Comprehensive Income Loss Unrealized Gain Loss On Derivative Instruments Of Equity Method Investments Portion Attributable To Parent
OtherComprehensiveIncomeLossUnrealizedGainLossOnDerivativeInstrumentsOfEquityMethodInvestmentsPortionAttributableToParent
-14000
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3000
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-10000
CY2021Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-2169000
CY2020Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
4768000
CY2021Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-25000
CY2020Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
36000
CY2021Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-2144000
CY2020Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
4732000
CY2021Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
109000
CY2020Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
8906000
CY2020Q1 chp Stockholders Equity And Temporary Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityAndTemporaryEquityIncludingPortionAttributableToNoncontrollingInterest
896873000
CY2021Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.05120
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.05120
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
12640000
CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
17499000
CY2021Q1 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-7000
CY2020Q1 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
361000
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
12633000
CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
17860000
CY2020Q1 chp Proceeds From Sale Of Real Estate Discontinued Operations
ProceedsFromSaleOfRealEstateDiscontinuedOperations
53712000
CY2021Q1 chp Payments For Capital Expenditure Discontinued Operations
PaymentsForCapitalExpenditureDiscontinuedOperations
1975000
CY2020Q1 chp Payments For Capital Expenditure Discontinued Operations
PaymentsForCapitalExpenditureDiscontinuedOperations
2499000
CY2021Q1 chp Payments For Proceeds From Other Investing Activities Discontinued Operations
PaymentsForProceedsFromOtherInvestingActivitiesDiscontinuedOperations
-35000
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-1940000
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
51213000
CY2021Q1 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
7402000
CY2020Q1 us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
28398000
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
5462000
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
79611000
CY2021Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
8907000
CY2020Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
8906000
CY2021Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
2794000
CY2020Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
23313000
CY2021Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-109000
CY2020Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-89000
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-11810000
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-32308000
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
6285000
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
65163000
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
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
72296000
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
113700000
CY2021Q1 us-gaap Use Of Estimates
UseOfEstimates
<p style="margin-bottom:10pt;text-align:justify;margin-top:0pt;margin-left:3.85%;text-indent:0%;font-style:italic;font-size:10pt;font-family:Times New Roman;font-weight:normal;text-transform:none;font-variant: normal;">Use of Estimates<font style="font-weight:bold;font-style:normal;"> &#8212;</font><font style="font-style:normal;"> 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 (&#8220;Restricted Stock&#8221;) shares issued to the Advisor.&nbsp;&nbsp;Accordingly, actual results could differ from those estimates.</font></p>
CY2018Q4 chp Number Of Properties
NumberOfProperties
70
CY2018Q4 chp Number Of Properties Sold
NumberOfPropertiesSold
63
CY2019 chp Number Of Properties Sold
NumberOfPropertiesSold
61
CY2020 chp Number Of Properties Sold
NumberOfPropertiesSold
7
CY2018Q4 chp Number Of Skilled Nursing Facilities Held For Sale
NumberOfSkilledNursingFacilitiesHeldForSale
7
CY2021Q1 chp Revenue Recognition Number Of Facility
RevenueRecognitionNumberOfFacility
6080
CY2020Q1 chp Revenue Recognition Number Of Facility
RevenueRecognitionNumberOfFacility
6080
CY2021Q1 chp Percentage Of Contract Related Revenue
PercentageOfContractRelatedRevenue
1.000
CY2020Q1 chp Percentage Of Contract Related Revenue
PercentageOfContractRelatedRevenue
1.000
CY2020Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
1501107000
CY2021Q1 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
93457000
CY2020Q4 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
94141000
CY2021Q1 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
347588000
CY2020Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
335051000
CY2021Q1 us-gaap Depreciation
Depreciation
12500000
CY2020Q1 us-gaap Depreciation
Depreciation
12400000
CY2021Q1 us-gaap Land And Land Improvements
LandAndLandImprovements
132857000
CY2020Q4 us-gaap Land And Land Improvements
LandAndLandImprovements
132663000
CY2021Q1 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
1503505000
CY2019 chp Number Of Properties Held For Sale
NumberOfPropertiesHeldForSale
61
CY2019 chp Number Of Other Properties
NumberOfOtherProperties
8
CY2020Q1 chp Number Of Properties Sold
NumberOfPropertiesSold
7
CY2020Q1 chp Number Of Post Acute Care Properties
NumberOfPostAcuteCareProperties
1
CY2020 chp Number Of Acute Care Properties
NumberOfAcuteCareProperties
1
CY2021Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
1100000
CY2021Q1 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
6000
CY2020Q1 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
598000
CY2021Q1 us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
19000
CY2020Q1 us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
206000
CY2021Q1 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
-13000
CY2020Q1 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
392000
CY2021Q1 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
-3000
CY2021Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-10000
CY2020Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
392000
CY2021Q1 us-gaap Variable Interest Entity Entity Maximum Loss Exposure Amount
VariableInterestEntityEntityMaximumLossExposureAmount
13000000
CY2021Q1 chp Liquidity
Liquidity
157100000
CY2021Q1 us-gaap Cash
Cash
68400000
CY2021Q1 chp Number Of Debt Collateralized Properties
NumberOfDebtCollateralizedProperties
22
CY2021Q1 chp Annual Taxes And Insurance Premiums
AnnualTaxesAndInsurancePremiums
6000000
CY2021Q1 chp Financial Covenant Limitations Maximum Allowable Distributions As Percentage Of Adjusted Funds From Operations
FinancialCovenantLimitationsMaximumAllowableDistributionsAsPercentageOfAdjustedFundsFromOperations
0.95
CY2021Q1 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 March 31, 2021, the Company was in compliance with all financial covenants related to its Credit Facilities.
CY2021Q1 us-gaap Operating Expenses
OperatingExpenses
753000
CY2020Q1 us-gaap Operating Expenses
OperatingExpenses
668000
CY2021Q1 chp Related Party Transaction Cost Of Reimbursable Expense
RelatedPartyTransactionCostOfReimbursableExpense
753000
CY2020Q1 chp Related Party Transaction Cost Of Reimbursable Expense
RelatedPartyTransactionCostOfReimbursableExpense
668000
CY2020Q1 chp Disposal Cost
DisposalCost
143000
CY2021Q1 chp Related Party Transaction Asset Management Costs
RelatedPartyTransactionAssetManagementCosts
4476000
CY2020Q1 chp Related Party Transaction Asset Management Costs
RelatedPartyTransactionAssetManagementCosts
4650000
CY2021Q1 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
5229000
CY2020Q1 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
5461000
CY2021Q1 chp Accrued General And Administrative Expenses Current
AccruedGeneralAndAdministrativeExpensesCurrent
341000
CY2020Q4 chp Accrued General And Administrative Expenses Current
AccruedGeneralAndAdministrativeExpensesCurrent
275000
CY2021Q1 chp Reimbursable Offering Expenses Due Related Party
ReimbursableOfferingExpensesDueRelatedParty
341000
CY2020Q4 chp Reimbursable Offering Expenses Due Related Party
ReimbursableOfferingExpensesDueRelatedParty
275000
CY2021Q1 chp Due To Related Party Asset Management Fees
DueToRelatedPartyAssetManagementFees
1490000
CY2020Q4 chp Due To Related Party Asset Management Fees
DueToRelatedPartyAssetManagementFees
1505000
CY2021Q1 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
1400000
CY2020Q1 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
-400000
CY2021Q1 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-100000
CY2020Q1 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-200000
CY2021Q1 chp Number Of Promoted Interest Agreements
NumberOfPromotedInterestAgreements
3
CY2021Q1 chp Number Of Promoted Interest Agreements Met Established Performance Metrics
NumberOfPromotedInterestAgreementsMetEstablishedPerformanceMetrics
0

Files In Submission

Name View Source Status
0001564590-21-027879-index-headers.html Edgar Link pending
0001564590-21-027879-index.html Edgar Link pending
0001564590-21-027879.txt Edgar Link pending
0001564590-21-027879-xbrl.zip Edgar Link pending
chp-10q_20210331.htm Edgar Link pending
chp-20210331.xml Edgar Link completed
chp-20210331.xsd Edgar Link pending
chp-20210331_cal.xml Edgar Link unprocessable
chp-20210331_def.xml Edgar Link unprocessable
chp-20210331_lab.xml Edgar Link unprocessable
chp-20210331_pre.xml Edgar Link unprocessable
chp-ex311_6.htm Edgar Link pending
chp-ex312_7.htm Edgar Link pending
chp-ex321_8.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
g132u44vfzdu000001.jpg Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending