$GMRE
Global Medical REIT Inc Stock $gmre

$gmre Overview Financials Valuation SEC Filings Company Website

2016 Q4 Form 10-Q Financial Statement

#000114420416133096 Filed on November 10, 2016

Income Statement

Concept	2016 Q4	2016 Q3	2015 Q4
Revenue	$3.123M	$2.002M	$660.0K
YoY Change	373.18%	311.0%	46.67%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin	$1.940M	$2.350M	$80.00K
YoY Change	2325.0%	400.0%	-66.67%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$840.0K	$585.4K	$210.0K
YoY Change	300.0%	282.28%	40.0%
% of Gross Profit
Operating Expenses	$5.053M	$3.985M	$290.0K
YoY Change	1642.41%	304.61%	-25.64%
Operating Profit
YoY Change
Interest Expense	-$700.0K	$1.051M	-$530.0K
YoY Change	32.08%	188.84%	55.88%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	-$1.930M	-$1.980M	-$790.0K
YoY Change	144.3%	296.0%	182.14%
Income Tax
% Of Pretax Income
Net Earnings	-$1.930M	-$1.983M	-$790.0K
YoY Change	144.3%	298.36%	182.14%
Net Earnings / Revenue	-61.8%	-99.05%	-119.7%
Basic Earnings Per Share
Diluted Earnings Per Share	-$109.2K	-$114.0K	-$3.160M
COMMON SHARES
Basic Shares Outstanding	17.61M shares	17.61M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2016 Q4	2016 Q3	2015 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$19.70M	$81.30M	$9.200M
YoY Change	114.13%	27000.0%	2966.67%
Cash & Equivalents	$19.67M	$81.35M	$9.184M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables			$0.00
Other Receivables			$0.00
Total Short-Term Assets	$19.90M	$81.50M	$9.200M
YoY Change	116.3%	27066.67%	2966.67%
LONG-TERM ASSETS
Property, Plant & Equipment	$196.4M	$122.3M	$55.10M
YoY Change	256.44%	247.44%	128.63%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$141.0K	$2.000M	$0.00
YoY Change		566.67%	-100.0%
Total Long-Term Assets	$207.4M	$124.3M	$56.13M
YoY Change	269.54%	249.13%	130.04%
TOTAL ASSETS
Total Short-Term Assets	$19.90M	$81.50M	$9.200M
Total Long-Term Assets	$207.4M	$124.3M	$56.13M
Total Assets	$227.3M	$205.8M	$65.33M
YoY Change	247.96%	473.24%	164.49%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$600.0K	$400.0K	$700.0K
YoY Change	-14.29%	33.33%	133.33%
Deferred Revenue
YoY Change
Short-Term Debt	$400.0K	$400.0K	$400.0K
YoY Change	0.0%	0.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$5.900M	$6.100M	$1.900M
YoY Change	210.53%	369.23%	-68.33%
LONG-TERM LIABILITIES
Long-Term Debt	$66.10M	$39.90M	$63.50M
YoY Change	4.09%	17.7%	277.98%
Other Long-Term Liabilities	$300.0K
YoY Change
Total Long-Term Liabilities	$66.40M	$39.90M	$63.50M
YoY Change	4.57%	17.7%	277.98%
TOTAL LIABILITIES
Total Short-Term Liabilities	$5.900M	$6.100M	$1.900M
Total Long-Term Liabilities	$66.40M	$39.90M	$63.50M
Total Liabilities	$72.29M	$46.08M	$65.47M
YoY Change	10.42%	30.92%	185.88%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$18.00K	$17.61K	$250.00
YoY Change	7100.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$155.0M	$159.7M	-$138.6K
YoY Change
Total Liabilities & Shareholders Equity	$227.3M	$205.8M	$65.33M
YoY Change	247.96%	473.24%	164.49%

Cashflow Statement

Concept	2016 Q4	2016 Q3	2015 Q4
OPERATING ACTIVITIES
Net Income	-$1.930M	-$1.983M	-$790.0K
YoY Change	144.3%	298.36%	182.14%
Depreciation, Depletion And Amortization	$840.0K	$585.4K	$210.0K
YoY Change	300.0%	282.28%	40.0%
Cash From Operating Activities	-$660.0K	-$1.860M	-$130.0K
YoY Change	407.69%	2557.14%	-200.0%
INVESTING ACTIVITIES
Capital Expenditures	-$81.77M	-$30.74M	-$20.59M
YoY Change	297.13%	164.77%	720.32%
Acquisitions
YoY Change
Other Investing Activities	-$260.0K	$50.00K	-$70.00K
YoY Change	271.43%	-183.33%	75.0%
Cash From Investing Activities	-$82.02M	-$30.70M	-$20.66M
YoY Change	297.0%	163.07%	723.11%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	21.01M	111.3M	29.88M
YoY Change	-29.69%	851.45%	1071.76%
NET CHANGE
Cash From Operating Activities	-660.0K	-1.860M	-130.0K
Cash From Investing Activities	-82.02M	-30.70M	-20.66M
Cash From Financing Activities	21.01M	111.3M	29.88M
Net Change In Cash	-61.67M	78.76M	9.090M
YoY Change	-778.44%	-197000.0%	5247.06%
FREE CASH FLOW
Cash From Operating Activities	-$660.0K	-$1.860M	-$130.0K
Capital Expenditures	-$81.77M	-$30.74M	-$20.59M
Free Cash Flow	$81.11M	$28.88M	$20.46M
YoY Change	296.43%	150.26%	675.0%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2016Q3	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	2517532	USD
CY2015Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	989251	USD
CY2016Q3	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	122311086	USD
CY2015Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	55148872	USD
CY2016Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	81347992	USD
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	9184270	USD
CY2016Q3	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	805776	USD
CY2015Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	447627	USD
CY2016Q3	us-gaap	Deposits Assets DepositsAssets	903636	USD
CY2015Q4	us-gaap	Deposits Assets DepositsAssets	454310	USD
CY2016Q3	us-gaap	Deferred Costs And Other Assets DeferredCostsAndOtherAssets	245619	USD
CY2015Q4	us-gaap	Deferred Costs And Other Assets DeferredCostsAndOtherAssets	93646	USD
CY2016Q3	us-gaap	Assets Assets	205791478	USD
CY2015Q4	us-gaap	Assets Assets	65328725	USD
CY2016Q3	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	416230	USD
CY2015Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	683857	USD
CY2016Q3	us-gaap	Security Deposit Liability SecurityDepositLiability	597593	USD
CY2015Q4	us-gaap	Security Deposit Liability SecurityDepositLiability	0	USD
CY2016Q3	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	1135302	USD
CY2015Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	847169	USD
CY2016Q3	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	113094766	USD
CY2015Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	51574271	USD
CY2016Q3	us-gaap	Notes Payable Related Parties Current And Noncurrent NotesPayableRelatedPartiesCurrentAndNoncurrent	421000	USD
CY2015Q4	us-gaap	Notes Payable Related Parties Current And Noncurrent NotesPayableRelatedPartiesCurrentAndNoncurrent	421000	USD
CY2016Q3	us-gaap	Notes Payable NotesPayable	39920275	USD
CY2015Q4	us-gaap	Notes Payable NotesPayable	23485173	USD
CY2016Q3	us-gaap	Liabilities Liabilities	46083186	USD
CY2015Q4	us-gaap	Liabilities Liabilities	65467333	USD
CY2016Q3	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2015Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2016Q3	us-gaap	Common Stock Value CommonStockValue	17606	USD
CY2015Q4	us-gaap	Common Stock Value CommonStockValue	250	USD
CY2016Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	171143411	USD
CY2015Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	3011790	USD
CY2016Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-11452725	USD
CY2016Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	205791478	USD
	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	4994172	USD
	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	1392669	USD
	us-gaap	Other Real Estate Revenue OtherRealEstateRevenue	93196	USD
	us-gaap	Other Real Estate Revenue OtherRealEstateRevenue	12471	USD
	us-gaap	Revenues Revenues	5087368	USD
	us-gaap	Revenues Revenues	1405140	USD
	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	754000	USD
	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	227000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2978415	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	291591	USD
CY2015Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	65328725	USD
CY2015Q4	us-gaap	Land Land	4563852	USD
CY2016Q3	us-gaap	Land Land	11733852	USD
CY2015Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-3150648	USD
CY2016Q3	us-gaap	Stockholders Equity StockholdersEquity	159708292	USD
CY2015Q4	us-gaap	Stockholders Equity StockholdersEquity	-138608	USD
CY2015Q3	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	250000	shares
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	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-1567	USD
CY2015Q4	us-gaap	Escrow Deposit EscrowDeposit	454310	USD
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	89850	USD
CY2015Q3	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	30257	USD
CY2015Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	250000	shares
CY2016Q3	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	17371743	shares
	us-gaap	Management Fee Expense ManagementFeeExpense	807147	USD
	us-gaap	Management Fee Expense ManagementFeeExpense	270000	USD
	us-gaap	Depreciation Depreciation	1528281	USD
	us-gaap	Depreciation Depreciation	446491	USD
	us-gaap	Interest Expense InterestExpense	3443113	USD
	us-gaap	Interest Expense InterestExpense	988825	USD
	us-gaap	Operating Expenses OperatingExpenses	9510956	USD
	us-gaap	Operating Expenses OperatingExpenses	2223907	USD
	us-gaap	Net Income Loss NetIncomeLoss	-4423588	USD
	us-gaap	Net Income Loss NetIncomeLoss	-818767	USD
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.68
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-3.28
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	6514230	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	250000	shares
CY2016Q3	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	1932425	USD
CY2015Q3	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	482131	USD
CY2016Q3	us-gaap	Other Real Estate Revenue OtherRealEstateRevenue	70225	USD
CY2015Q3	us-gaap	Other Real Estate Revenue OtherRealEstateRevenue	4971	USD
CY2016Q3	us-gaap	Revenues Revenues	2002650	USD
CY2015Q3	us-gaap	Revenues Revenues	487102	USD
CY2016Q3	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	0	USD
CY2015Q3	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	227000	USD
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CY2016Q3	us-gaap	Management Fee Expense ManagementFeeExpense	627147	USD
CY2015Q3	us-gaap	Management Fee Expense ManagementFeeExpense	90000	USD
CY2016Q3	us-gaap	Depreciation Depreciation	585449	USD
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CY2016Q3	us-gaap	Interest Expense InterestExpense	1051204	USD
CY2015Q3	us-gaap	Interest Expense InterestExpense	363937	USD
CY2016Q3	us-gaap	Operating Expenses OperatingExpenses	3985476	USD
CY2015Q3	us-gaap	Operating Expenses OperatingExpenses	984895	USD
CY2016Q3	us-gaap	Net Income Loss NetIncomeLoss	-1982826	USD
CY2015Q3	us-gaap	Net Income Loss NetIncomeLoss	-497793	USD
CY2016Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.11
CY2015Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-1.99
	us-gaap	Increase Decrease In Restricted Cash For Operating Activities IncreaseDecreaseInRestrictedCashForOperatingActivities	438189	USD
	us-gaap	Increase Decrease In Restricted Cash For Operating Activities IncreaseDecreaseInRestrictedCashForOperatingActivities	0	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	222324	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-267627	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-44248	USD
	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits	597593	USD
	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits	0	USD
	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	297147	USD
	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	270000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-2059800	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-80165	USD
	us-gaap	Proceeds From Other Deposits ProceedsFromOtherDeposits	394310	USD
	us-gaap	Proceeds From Other Deposits ProceedsFromOtherDeposits	0	USD
	us-gaap	Payments To Fund Longterm Loans To Related Parties PaymentsToFundLongtermLoansToRelatedParties	39000	USD
	us-gaap	Payments To Fund Longterm Loans To Related Parties PaymentsToFundLongtermLoansToRelatedParties	71683	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	68690495	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	11608672	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-68335185	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-11680355	USD
	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	-80040	USD
	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	-837	USD
	us-gaap	Payments For Deposits Applied To Debt Retirements PaymentsForDepositsAppliedToDebtRetirements	843636	USD
	us-gaap	Payments For Deposits Applied To Debt Retirements PaymentsForDepositsAppliedToDebtRetirements	0	USD
	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	29986	USD
	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	51198	USD
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	gmre	Payments On Notes Payable From Acquisitions PaymentsOnNotesPayableFromAcquisitions	24011168	USD
	gmre	Payments On Notes Payable From Acquisitions PaymentsOnNotesPayableFromAcquisitions	256704	USD
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	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	142558707	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	11760534	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	72163722	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	14	USD
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	us-gaap	Interest Paid Net InterestPaidNet	3696467	USD
	us-gaap	Interest Paid Net InterestPaidNet	961383	USD
	us-gaap	Stock Issued1 StockIssued1	30030134	USD
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CY2016Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
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CY2016Q2	us-gaap	Noninterest Expense Offering Cost NoninterestExpenseOfferingCost	1681259	USD
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	us-gaap	Dividends Common Stock DividendsCommonStock	285703	USD
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CY2016Q3	us-gaap	Convertible Debt ConvertibleDebt	0	USD
	us-gaap	Related Party Transaction Expenses From Transactions With Related Party RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty	297147	USD
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	us-gaap	Proceeds From Collection Of Longterm Loans To Related Parties ProceedsFromCollectionOfLongtermLoansToRelatedParties	155000	USD
CY2016Q3	us-gaap	Operating Leases Future Minimum Payments Receivable In Two Years OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears	9060123	USD
CY2016Q3	us-gaap	Operating Leases Future Minimum Payments Receivable In Three Years OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears	9204836	USD
CY2016Q3	us-gaap	Operating Leases Future Minimum Payments Receivable In Four Years OperatingLeasesFutureMinimumPaymentsReceivableInFourYears	9403255	USD
CY2016Q3	us-gaap	Operating Leases Future Minimum Payments Receivable In Five Years OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears	9583394	USD
CY2016Q3	us-gaap	Operating Leases Future Minimum Payments Receivable Thereafter OperatingLeasesFutureMinimumPaymentsReceivableThereafter	82475421	USD
CY2016Q3	us-gaap	Operating Leases Future Minimum Payments Receivable OperatingLeasesFutureMinimumPaymentsReceivable	121992184	USD
CY2016Q3	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	59877	USD
CY2016Q3	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	63619	USD
CY2016Q3	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	67362	USD
CY2016Q3	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	67362	USD
CY2016Q3	us-gaap	Operating Leases Future Minimum Payments Due Thereafter OperatingLeasesFutureMinimumPaymentsDueThereafter	973586	USD
CY2016Q3	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	1246775	USD
	us-gaap	Lessee Leasing Arrangements Operating Leases Renewal Term LesseeLeasingArrangementsOperatingLeasesRenewalTerm	P60Y
	gmre	Lease Expiration Periods LeaseExpirationPeriods	2033
	gmre	Percentage Of Annual Lease Rent PercentageOfAnnualLeaseRent	0.125	pure
CY2016Q3	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	18153	USD
	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	54461	USD
CY2015Q3	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	46768	USD
	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	61738	USD
	dei	Document Type DocumentType	10-Q
	dei	Amendment Flag AmendmentFlag	false
	dei	Document Period End Date DocumentPeriodEndDate	2016-09-30
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2016
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Entity Registrant Name EntityRegistrantName	Global Medical REIT Inc.
	dei	Entity Central Index Key EntityCentralIndexKey	0001533615
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
	dei	Trading Symbol TradingSymbol	GMRE
CY2016Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	17605675	shares
CY2016Q3	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	124828618	USD
CY2015Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	56138123	USD
CY2016Q3	us-gaap	Accounts Receivable Net AccountsReceivableNet	177369	USD
CY2015Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	0	USD
CY2016Q3	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	3592786	USD
CY2015Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	0	USD
CY2015Q4	us-gaap	Debt Instrument Unamortized Discount DebtInstrumentUnamortizedDiscount	302892	USD
CY2015Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2016Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2015Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2016Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2015Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2016Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2015Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2016Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2016Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	17605675	shares
CY2015Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	250000	shares
CY2015Q4	us-gaap	Convertible Debt ConvertibleDebt	40030134	USD
	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	177369	USD
	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	25058	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	830827	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	0	USD
	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	137358367	USD
	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	0	USD
	us-gaap	Proceeds From Convertible Debt ProceedsFromConvertibleDebt	0	USD
	us-gaap	Proceeds From Convertible Debt ProceedsFromConvertibleDebt	4545838	USD
	us-gaap	Repayments Of Convertible Debt RepaymentsOfConvertibleDebt	10000000	USD
	us-gaap	Repayments Of Convertible Debt RepaymentsOfConvertibleDebt	0	USD
	us-gaap	Proceeds From Repayments Of Related Party Debt ProceedsFromRepaymentsOfRelatedPartyDebt	450000	USD
	us-gaap	Proceeds From Repayments Of Related Party Debt ProceedsFromRepaymentsOfRelatedPartyDebt	350000	USD
	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	450000	USD
	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	0	USD
	gmre	Reclassification Of Deferred Public Offering Cost To Additional Paid Incapital Noncash Or Partial Noncash Transaction ReclassificationOfDeferredPublicOfferingCostToAdditionalPaidIncapitalNoncashOrPartialNoncashTransaction	1681259	USD
	gmre	Reclassification Of Deferred Public Offering Cost To Additional Paid Incapital Noncash Or Partial Noncash Transaction ReclassificationOfDeferredPublicOfferingCostToAdditionalPaidIncapitalNoncashOrPartialNoncashTransaction	0	USD
	us-gaap	Liabilities Assumed1 LiabilitiesAssumed1	3592786	USD
	us-gaap	Liabilities Assumed1 LiabilitiesAssumed1	0	USD
CY2016Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	60400	shares
	gmre	Payment To Acquire Others PaymentToAcquireOthers	101600000	USD
CY2016Q3	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	124828618	USD
CY2016Q3	gmre	Cash Acquired And Held As Reserve For Debt Service CashAcquiredAndHeldAsReserveForDebtService	367587	USD
CY2016Q3	gmre	Restricted Cash Held To Pay Specific Tenant Expenses RestrictedCashHeldToPaySpecificTenantExpenses	118689	USD
	us-gaap	Increase In Restricted Cash IncreaseInRestrictedCash	358149	USD
CY2016Q3	gmre	Receivables Earned But Not Paid Relating To Tenant Rent ReceivablesEarnedButNotPaidRelatingToTenantRent	17965	USD
CY2016Q3	gmre	Receivables To Be Collected To Pay Specific Tenant Expenses ReceivablesToBeCollectedToPaySpecificTenantExpenses	159404	USD
	gmre	Payments Made For Deferred Offering Costs PaymentsMadeForDeferredOfferingCosts	1610908	USD
CY2015	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	23295	USD
CY2015Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	93646	USD
CY2016Q3	us-gaap	Deferred Offering Costs DeferredOfferingCosts	1681259	USD
CY2016Q3	gmre	Secutity Deposit Held To Pay Specific Tenant Expenses SecutityDepositHeldToPaySpecificTenantExpenses	278093	USD
CY2016Q3	us-gaap	Share Price SharePrice	10.00
CY2016Q3	us-gaap	Share Based Compensation ShareBasedCompensation	830827	USD
CY2016Q3	us-gaap	Debt Instrument Fee Amount DebtInstrumentFeeAmount	301200	USD
CY2016Q3	gmre	Beneficial Ownership Description BeneficialOwnershipDescription	The Companys charter provides that, subject to certain exceptions, no person may beneficially or constructively own more than 9.8%, in value or in number of shares, whichever is more restrictive, of the outstanding shares of any class or series of the Companys capital stock. On June 27, 2016, the Companys board of directors approved a waiver of the 9.8% ownership limit in our charter allowing ZH USA, LLC to own up to 16.9% of the Companys outstanding shares of common stock.
CY2015Q4	us-gaap	Dividends Common Stock DividendsCommonStock	21300	USD
CY2016Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.20
	us-gaap	Payment For Management Fee PaymentForManagementFee	510000	USD
CY2016Q3	us-gaap	Operating Leases Future Minimum Payments Due Current OperatingLeasesFutureMinimumPaymentsDueCurrent	14969	USD
CY2016Q3	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	2700000	USD
	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P3Y3M18D
CY2016Q3	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	274794	shares
CY2016Q3	us-gaap	Operating Leases Future Minimum Payments Receivable Remainder Of Fiscal Year OperatingLeasesFutureMinimumPaymentsReceivableRemainderOfFiscalYear	2265155	USD
CY2016Q2	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	137358367	USD
	us-gaap	Increase Decrease In Deposit Other Assets IncreaseDecreaseInDepositOtherAssets	449326	USD
CY2016Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	358250	shares

Files In Submission

Name	View Source	Status
0001144204-16-133096-index-headers.html	Edgar Link	pending
0001144204-16-133096-index.html	Edgar Link	pending
0001144204-16-133096.txt	Edgar Link	pending
0001144204-16-133096-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
gmre-20160930.xml	Edgar Link	completed
gmre-20160930.xsd	Edgar Link	pending
gmre-20160930_cal.xml	Edgar Link	unprocessable
gmre-20160930_def.xml	Edgar Link	unprocessable
gmre-20160930_lab.xml	Edgar Link	unprocessable
gmre-20160930_pre.xml	Edgar Link	unprocessable
R1.htm	Edgar Link	pending
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R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
v452323_10q.htm	Edgar Link	pending
v452323_ex31-1.htm	Edgar Link	pending
v452323_ex31-2.htm	Edgar Link	pending
v452323_ex32-1.htm	Edgar Link	pending

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$GMRE
Global Medical REIT Inc Stock $gmre

2016 Q4 Form 10-Q Financial Statement

#000114420416133096 Filed on November 10, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GMRE Global Medical REIT Inc Stock $gmre

2016 Q4 Form 10-Q Financial Statement

#000114420416133096 Filed on November 10, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GMRE
Global Medical REIT Inc Stock $gmre