$GMRE
Global Medical REIT Inc Stock $gmre

$gmre Overview Financials Valuation SEC Filings Company Website

2017 Q2 Form 10-Q Financial Statement

#000114420417026350 Filed on May 11, 2017

Income Statement

Concept	2017 Q2	2017 Q1	2016 Q1
Revenue	$7.423M	$4.659M	$1.314M
YoY Change	319.14%	254.57%	184.33%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin	$3.210M	$2.220M	$980.0K
YoY Change	597.83%	126.53%	553.33%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$1.851M	$1.346M	$398.8K
YoY Change	240.26%	237.5%	161.81%
% of Gross Profit
Operating Expenses	$8.046M	$59.77M	$3.261M
YoY Change	255.23%	1732.9%	401.16%
Operating Profit
YoY Change
Interest Expense	$1.990M	$1.100M	$1.129M
YoY Change	57.61%	-2.58%	228.23%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	-$620.0K	-$1.320M	-$1.950M
YoY Change	26.53%	-32.31%	926.32%
Income Tax
% Of Pretax Income
Net Earnings	-$623.0K	-$1.318M	-$1.947M
YoY Change	26.11%	-32.31%	932.63%
Net Earnings / Revenue	-8.39%	-28.29%	-148.17%
Basic Earnings Per Share
Diluted Earnings Per Share	-$35.15K	-$74.96K	-$3.145M
COMMON SHARES
Basic Shares Outstanding	17.61M shares	17.61M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2017 Q2	2017 Q1	2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$12.00M	$8.400M	$500.0K
YoY Change	361.54%	1580.0%	25.0%
Cash & Equivalents	$12.03M	$8.357M	$507.3K
Short-Term Investments
Other Short-Term Assets			$0.00
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$12.50M	$8.700M	$800.0K
YoY Change	380.77%	987.5%	100.0%
LONG-TERM ASSETS
Property, Plant & Equipment	$331.6M	$294.1M	$92.70M
YoY Change	259.65%	217.26%	287.87%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$88.70K	$11.48K	$2.600M
YoY Change	-97.6%	-99.56%	766.67%
Total Long-Term Assets	$356.9M	$317.1M	$95.30M
YoY Change	272.54%	232.72%	295.42%
TOTAL ASSETS
Total Short-Term Assets	$12.50M	$8.700M	$800.0K
Total Long-Term Assets	$356.9M	$317.1M	$95.30M
Total Assets	$369.4M	$325.8M	$96.10M
YoY Change	275.4%	239.0%	292.23%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$2.200M	$1.900M	$1.600M
YoY Change	-29.03%	18.75%	1500.0%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$400.0K	$400.0K
YoY Change	-100.0%	0.0%	0.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$9.000M	$8.600M	$3.400M
YoY Change	42.86%	152.94%	277.78%
LONG-TERM LIABILITIES
Long-Term Debt	$183.0M	$167.3M	$80.00M
YoY Change	129.04%	109.13%	261.99%
Other Long-Term Liabilities	$1.100M	$500.0K
YoY Change
Total Long-Term Liabilities	$184.1M	$167.8M	$80.00M
YoY Change	130.41%	109.75%	261.99%
TOTAL LIABILITIES
Total Short-Term Liabilities	$9.000M	$8.600M	$3.400M
Total Long-Term Liabilities	$184.1M	$167.8M	$80.00M
Total Liabilities	$193.1M	$176.5M	$83.35M
YoY Change	123.75%	111.78%	262.37%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$21.11K	$17.61K	$1.427K
YoY Change		1133.78%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$176.3M	$149.3M	$12.75M
YoY Change
Total Liabilities & Shareholders Equity	$369.4M	$325.8M	$96.10M
YoY Change	275.46%	239.03%	292.23%

Cashflow Statement

Concept	2017 Q2	2017 Q1	2016 Q1
OPERATING ACTIVITIES
Net Income	-$623.0K	-$1.318M	-$1.947M
YoY Change	26.11%	-32.31%	932.63%
Depreciation, Depletion And Amortization	$1.851M	$1.346M	$398.8K
YoY Change	240.26%	237.5%	161.81%
Cash From Operating Activities	$2.170M	$3.172M	-$1.120M
YoY Change	135.87%	-383.21%	700.0%
INVESTING ACTIVITIES
Capital Expenditures	-$39.09M	-$109.4M	$37.95M
YoY Change		-388.25%
Acquisitions
YoY Change
Other Investing Activities	$280.0K	$130.0K	$370.0K
YoY Change	-566.67%	-64.86%
Cash From Investing Activities	-$38.81M	-$109.2M	-$37.57M
YoY Change	55342.86%	190.79%
FINANCING ACTIVITIES
Cash Dividend Paid	$21.11M	$0.00	$164.2K
YoY Change		-100.0%	156.89%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	40.84M	$95.60M	30.01M
YoY Change	3220.33%	218.55%	14190.48%
NET CHANGE
Cash From Operating Activities	2.170M	$3.172M	-1.120M
Cash From Investing Activities	-38.81M	-$109.2M	-37.57M
Cash From Financing Activities	40.84M	$95.60M	30.01M
Net Change In Cash	4.200M	-$10.48M	-8.680M
YoY Change	101.92%	20.75%	-12500.0%
FREE CASH FLOW
Cash From Operating Activities	$2.170M	$3.172M	-$1.120M
Capital Expenditures	-$39.09M	-$109.4M	$37.95M
Free Cash Flow	$41.26M	$112.6M	-$39.07M
YoY Change	4384.78%	-388.11%	27804.39%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2016Q4	us-gaap	Liabilities Liabilities	72290752	USD
CY2016Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2016Q4	us-gaap	Common Stock Value CommonStockValue	17606	USD
CY2016Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	171997396	USD
CY2017Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	17605675	shares
CY2017Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001533615
CY2016Q4	us-gaap	Land Land	17785001	USD
CY2017Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2017
CY2017Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2017Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2017Q1	dei	Amendment Flag AmendmentFlag	false
CY2017Q1	us-gaap	Land Land	23130337	USD
CY2017Q1	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
CY2017Q1	dei	Trading Symbol TradingSymbol	GMRE
CY2017Q1	dei	Document Period End Date DocumentPeriodEndDate	2017-03-31
CY2017Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	4669968	USD
CY2016Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	3323915	USD
CY2017Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	294100857	USD
CY2016Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	196365771	USD
CY2017Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	8356599	USD
CY2016Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	19671131	USD
CY2017Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	1773909	USD
CY2016Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	941344	USD
CY2017Q1	us-gaap	Deposits Assets DepositsAssets	2528996	USD
CY2016Q4	us-gaap	Deposits Assets DepositsAssets	1212177	USD
CY2017Q1	us-gaap	Deferred Costs And Other Assets DeferredCostsAndOtherAssets	1087148	USD
CY2016Q4	us-gaap	Deferred Costs And Other Assets DeferredCostsAndOtherAssets	704537	USD
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CY2016Q4	us-gaap	Assets Assets	227319130	USD
CY2017Q1	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	1932590	USD
CY2016Q4	us-gaap	Accrued Liabilities Current And Noncurrent AccruedLiabilitiesCurrentAndNoncurrent	573997	USD
CY2017Q1	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	586899	USD
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CY2017Q1	us-gaap	Liabilities Liabilities	176513596	USD
CY2017Q1	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2017Q1	us-gaap	Common Stock Value CommonStockValue	17606	USD
CY2017Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	172417006	USD
CY2017Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-23179743	USD
CY2017Q1	us-gaap	Notes Payable Related Parties Current And Noncurrent NotesPayableRelatedPartiesCurrentAndNoncurrent	421000	USD
CY2016Q4	us-gaap	Notes Payable Related Parties Current And Noncurrent NotesPayableRelatedPartiesCurrentAndNoncurrent	421000	USD
CY2016Q4	us-gaap	Notes Payable NotesPayable	38413298	USD
CY2016Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-16986624	USD
CY2017Q1	us-gaap	Stockholders Equity StockholdersEquity	149254869	USD
CY2016Q4	us-gaap	Stockholders Equity StockholdersEquity	155028378	USD
CY2017Q1	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	270401823	USD
CY2016Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	179253398	USD
CY2017Q1	us-gaap	Buildings And Improvements Gross BuildingsAndImprovementsGross	2686216	USD
CY2016Q4	us-gaap	Buildings And Improvements Gross BuildingsAndImprovementsGross	1465273	USD
CY2017Q1	dei	Entity Registrant Name EntityRegistrantName	Global Medical REIT Inc.
CY2016Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	888529	USD
CY2017Q1	us-gaap	Notes Payable NotesPayable	38446103	USD
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CY2017Q1	us-gaap	Management Fee Expense ManagementFeeExpense	627147	USD
CY2016Q1	us-gaap	Management Fee Expense ManagementFeeExpense	90000	USD
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CY2017Q1	us-gaap	Interest Expense InterestExpense	1100080	USD
CY2017Q1	us-gaap	Payments For Deposits Applied To Debt Retirements PaymentsForDepositsAppliedToDebtRetirements	8495	USD
CY2017Q1	gmre	Payments On Notes Payable From Acquisitions PaymentsOnNotesPayableFromAcquisitions	0	USD
CY2017Q1	gmre	Proceeds From Notes Payable From Acquisitions ProceedsFromNotesPayableFromAcquisitions	101200000	USD
CY2017Q1	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	4629259	USD
CY2017Q1	us-gaap	Other Real Estate Revenue OtherRealEstateRevenue	29599	USD
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CY2017Q1	us-gaap	Depreciation Depreciation	1346053	USD
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CY2017Q1	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	6438	USD
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CY2017Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	819436	USD
CY2016Q1	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-1115647	USD
CY2017Q1	us-gaap	Tenant Improvements TenantImprovements	2552449	USD
CY2016Q4	us-gaap	Tenant Improvements TenantImprovements	1186014	USD
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CY2016Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	140374	USD
CY2017Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	3651817	USD
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CY2017Q1	us-gaap	Security Deposit Liability SecurityDepositLiability	2099844	USD
CY2016Q4	us-gaap	Security Deposit Liability SecurityDepositLiability	719592	USD
CY2017Q1	us-gaap	Line Of Credit LineOfCredit	128900000	USD
CY2016Q4	us-gaap	Line Of Credit LineOfCredit	27700000	USD
CY2017Q1	us-gaap	Accounts Receivable Net AccountsReceivableNet	347110	USD
CY2016Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	212435	USD
CY2017Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	15991981	USD
CY2016Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	7144276	USD
CY2017Q1	us-gaap	Below Market Lease Net BelowMarketLeaseNet	475343	USD
CY2016Q4	us-gaap	Below Market Lease Net BelowMarketLeaseNet	277917	USD
CY2016Q1	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	1298978	USD
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CY2016Q1	us-gaap	Revenues Revenues	1314059	USD
CY2017Q1	us-gaap	Related Party Costs RelatedPartyCosts	0	USD
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CY2016Q1	us-gaap	Net Income Loss NetIncomeLoss	-1946563	USD
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CY2017Q1	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	942473	USD
CY2016Q1	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	0	USD
CY2017Q1	us-gaap	Adjustment For Amortization AdjustmentForAmortization	343600	USD
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CY2017Q1	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	78245	USD
CY2017Q1	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	81987	USD
CY2017Q1	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	81987	USD
CY2017Q1	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	81987	USD
CY2017Q1	us-gaap	Operating Leases Future Minimum Payments Due Thereafter OperatingLeasesFutureMinimumPaymentsDueThereafter	1883702	USD
CY2017Q1	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	2263785	USD
CY2017Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	39474900	USD
CY2016Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	39474900	USD
CY2017Q1	us-gaap	Debt Instrument Unamortized Discount DebtInstrumentUnamortizedDiscount	1028797	USD
CY2016Q4	us-gaap	Debt Instrument Unamortized Discount DebtInstrumentUnamortizedDiscount	1061602	USD
CY2017Q1	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	5875993	USD
CY2016	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	2692735	USD
CY2017Q1	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	-2784362	USD
CY2016	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	-3183101	USD
CY2016	us-gaap	Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Basic BusinessAcquisitionProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareBasic	-5.09
CY2017Q1	us-gaap	Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Basic BusinessAcquisitionProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareBasic	-0.16
CY2017Q1	gmre	Business Acquistion Proforma Weighted Average Number Of Shares Outstanding BusinessAcquistionProformaWeightedAverageNumberOfSharesOutstanding	17605675	shares
CY2016	gmre	Business Acquistion Proforma Weighted Average Number Of Shares Outstanding BusinessAcquistionProformaWeightedAverageNumberOfSharesOutstanding	624978	shares
CY2017Q1	us-gaap	Below Market Lease Gross BelowMarketLeaseGross	488982	USD
CY2017Q1	us-gaap	Below Market Lease Accumulated Amortization BelowMarketLeaseAccumulatedAmortization	13639	USD
CY2016Q4	us-gaap	Below Market Lease Gross BelowMarketLeaseGross	279354	USD
CY2016Q4	us-gaap	Below Market Lease Accumulated Amortization BelowMarketLeaseAccumulatedAmortization	1437	USD
CY2017Q1	us-gaap	Below Market Lease Amortization Income Next Twelve Months BelowMarketLeaseAmortizationIncomeNextTwelveMonths	11496	USD
CY2017Q1	us-gaap	Below Market Lease Amortization Income Year Two BelowMarketLeaseAmortizationIncomeYearTwo	8855	USD
CY2017Q1	us-gaap	Below Market Lease Amortization Income Year Three BelowMarketLeaseAmortizationIncomeYearThree	8855	USD
CY2017Q1	us-gaap	Below Market Lease Amortization Income Year Four BelowMarketLeaseAmortizationIncomeYearFour	8855	USD
CY2017Q1	us-gaap	Below Market Lease Amortization Income Year Five BelowMarketLeaseAmortizationIncomeYearFive	6010	USD
CY2017Q1	us-gaap	Below Market Lease Amortization Income After Year Five BelowMarketLeaseAmortizationIncomeAfterYearFive	-885209	USD
CY2017Q1	gmre	Below Market Lease Net1 BelowMarketLeaseNet1	-841138	USD
CY2017Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	1442015	USD
CY2017Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	1905036	USD
CY2017Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	1905036	USD
CY2017Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	1905036	USD
CY2017Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	1290423	USD
CY2017Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	6227954	USD
CY2017Q1	gmre	Finite Lived Intangible Assets Net1 FiniteLivedIntangibleAssetsNet1	14675500	USD
CY2017Q1	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	298770825	USD
CY2016Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	199689686	USD
CY2016Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2016Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2017Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2016Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2017Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2016Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2016Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2016Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2017Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	17605675	shares
CY2016Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	17605675	shares
CY2016Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	17605675	shares
CY2017Q1	us-gaap	Proceeds From Repayments Of Related Party Debt ProceedsFromRepaymentsOfRelatedPartyDebt	-450	USD
CY2016Q1	us-gaap	Proceeds From Repayments Of Related Party Debt ProceedsFromRepaymentsOfRelatedPartyDebt	152893	USD
CY2017Q1	us-gaap	Payments To Fund Longterm Loans To Related Parties PaymentsToFundLongtermLoansToRelatedParties	0	USD
CY2016Q1	us-gaap	Payments To Fund Longterm Loans To Related Parties PaymentsToFundLongtermLoansToRelatedParties	21500	USD
CY2017Q1	us-gaap	Payments For Proceeds From Deposits On Real Estate Acquisitions PaymentsForProceedsFromDepositsOnRealEstateAcquisitions	-125740	USD
CY2016Q1	us-gaap	Payments For Proceeds From Deposits On Real Estate Acquisitions PaymentsForProceedsFromDepositsOnRealEstateAcquisitions	0	USD
CY2017Q1	us-gaap	Payments For Proceeds From Productive Assets PaymentsForProceedsFromProductiveAssets	108066818	USD
CY2016Q1	us-gaap	Payments For Proceeds From Productive Assets PaymentsForProceedsFromProductiveAssets	37946139	USD
CY2017Q1	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	0	USD
CY2016Q1	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	27925	USD
CY2017Q1	us-gaap	Noncash Merger Related Costs NoncashMergerRelatedCosts	3150	USD
CY2016Q1	us-gaap	Noncash Merger Related Costs NoncashMergerRelatedCosts	0	USD
CY2017Q1	us-gaap	Property Plant And Equipment Additions PropertyPlantAndEquipmentAdditions	108066818	USD
CY2016Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	7187041	USD
CY2016Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	42765	USD
CY2017Q2	gmre	Common Stock Preferred Shares And Debt Securities CommonStockPreferredSharesAndDebtSecurities	500000000	USD
CY2016Q3	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	15000000	shares
CY2016Q3	us-gaap	Shares Issued Price Per Share SharesIssuedPricePerShare	10.00
CY2016Q3	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	138969275	USD
CY2016Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	206597373	USD
CY2017Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	314664191	USD
CY2017Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	16382348	USD
CY2017Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	390367	USD
CY2017Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><b>Use of Estimates</b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><b> </b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify">The preparation of the consolidated financial statements in conformity with U.S. generally accepted accounting principles (“GAAP”) requires the Company to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and footnotes. Actual results could differ from those estimates.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2017Q1	us-gaap	Operating Leases Future Minimum Payments Due Current OperatingLeasesFutureMinimumPaymentsDueCurrent	55877	USD
CY2016Q1	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	18154	USD
CY2017Q1	us-gaap	Operating Leases Future Minimum Payments Receivable Current OperatingLeasesFutureMinimumPaymentsReceivableCurrent	17629066	USD
CY2017Q1	gmre	Receivables Earned But Not Paid Relating To Tenant Rent ReceivablesEarnedButNotPaidRelatingToTenantRent	133959	USD
CY2017Q1	us-gaap	Other Receivables OtherReceivables	29834	USD
CY2017Q1	gmre	Receivables To Be Collected To Pay Specific Tenant Expenses ReceivablesToBeCollectedToPaySpecificTenantExpenses	183317	USD
CY2016Q4	gmre	Receivables Earned But Not Paid Relating To Tenant Rent ReceivablesEarnedButNotPaidRelatingToTenantRent	28599	USD
CY2016Q4	us-gaap	Other Receivables OtherReceivables	22323	USD
CY2016Q4	gmre	Receivables To Be Collected To Pay Specific Tenant Expenses ReceivablesToBeCollectedToPaySpecificTenantExpenses	161513	USD
CY2017Q1	gmre	Cash Acquired And Held As Reserve For Debt Service CashAcquiredAndHeldAsReserveForDebtService	85686	USD
CY2017Q1	gmre	Restricted Cash Held To Pay Specific Tenant Expenses RestrictedCashHeldToPaySpecificTenantExpenses	296848	USD
CY2016Q4	gmre	Cash Acquired And Held As Reserve For Debt Service CashAcquiredAndHeldAsReserveForDebtService	383265	USD
CY2016Q4	gmre	Restricted Cash Held To Pay Specific Tenant Expenses RestrictedCashHeldToPaySpecificTenantExpenses	238579	USD
CY2017Q1	us-gaap	Increase In Restricted Cash IncreaseInRestrictedCash	832565	USD
CY2017Q1	us-gaap	Escrow Deposit EscrowDeposit	2528996	USD
CY2016Q4	us-gaap	Escrow Deposit EscrowDeposit	1212177	USD
CY2017Q1	gmre	Increasedecrease In Restricted Cash Held To Pay Specific Tenant Expenses IncreasedecreaseInRestrictedCashHeldToPaySpecificTenantExpenses	297579	USD
CY2017Q1	us-gaap	Increase Decrease In Deposit Other Assets IncreaseDecreaseInDepositOtherAssets	1316819	USD
CY2017Q1	us-gaap	Escrow Deposit Disbursements Related To Property Acquisition1 EscrowDepositDisbursementsRelatedToPropertyAcquisition1	8495	USD
CY2017Q1	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	382611	USD
CY2017Q1	gmre	Reclassification Of Costs To Value Of Facilities ReclassificationOfCostsToValueOfFacilities	254249	USD
CY2017Q1	gmre	Cost Incurred Additional Costs Capitalized CostIncurredAdditionalCostsCapitalized	128509	USD
CY2017Q1	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	128890	USD
CY2017Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	419610	USD
CY2017Q1	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	32805	USD
CY2017Q1	gmre	Sharebased Compensation Arrangement By Sharebased Payment Award Employee Subscription Rate After Performance Period SharebasedCompensationArrangementBySharebasedPaymentAwardEmployeeSubscriptionRateAfterPerformancePeriod	The number of LTIP Units earned under the Long-Term Awards will be determined as soon as reasonably practicable following the end of the three-year performance period based on the Companys TSR on an absolute basis (as to 75% of the Long-Term Award) and relative to the SNL Healthcare REIT Index (as to 25% of the Long-Term Award).
CY2017Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	32805	USD
CY2016Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	90241	USD
CY2017Q1	us-gaap	Increase Decrease In Operating Liabilities IncreaseDecreaseInOperatingLiabilities	1380252	USD
CY2017Q1	us-gaap	Increase Decrease In Other Current Assets And Liabilities Net IncreaseDecreaseInOtherCurrentAssetsAndLiabilitiesNet	1300179	USD
CY2017Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	1100000	USD
CY2017Q1	us-gaap	Related Party Transaction Expenses From Transactions With Related Party RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty	6438	USD
CY2017Q1	us-gaap	Repayments Of Other Long Term Debt RepaymentsOfOtherLongTermDebt	586	USD
CY2017Q1	us-gaap	Proceeds From Payments For Long Term Loans For Related Parties ProceedsFromPaymentsForLongTermLoansForRelatedParties	136	USD
CY2017Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	3604437	USD
CY2017Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.20
CY2016Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.0852
CY2017Q1	us-gaap	Property Management Fee Percent Fee PropertyManagementFeePercentFee	0.015	pure
CY2017Q1	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	18154	USD
CY2017Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	80073	USD
CY2017Q1	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	136	USD

Files In Submission

Name	View Source	Status
0001144204-17-026350-index-headers.html	Edgar Link	pending
0001144204-17-026350-index.html	Edgar Link	pending
0001144204-17-026350.txt	Edgar Link	pending
0001144204-17-026350-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
gmre-20170331.xml	Edgar Link	completed
gmre-20170331.xsd	Edgar Link	pending
gmre-20170331_cal.xml	Edgar Link	unprocessable
gmre-20170331_def.xml	Edgar Link	unprocessable
gmre-20170331_lab.xml	Edgar Link	unprocessable
gmre-20170331_pre.xml	Edgar Link	unprocessable
R1.htm	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending
v466252_10q.htm	Edgar Link	pending
v466252_ex10-11.htm	Edgar Link	pending
v466252_ex31-1.htm	Edgar Link	pending
v466252_ex31-2.htm	Edgar Link	pending
v466252_ex32-1.htm	Edgar Link	pending

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$GMRE
Global Medical REIT Inc Stock $gmre

2017 Q2 Form 10-Q Financial Statement

#000114420417026350 Filed on May 11, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GMRE Global Medical REIT Inc Stock $gmre

2017 Q2 Form 10-Q Financial Statement

#000114420417026350 Filed on May 11, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GMRE
Global Medical REIT Inc Stock $gmre