$GMRE
Global Medical REIT Inc

2017 Q3 Form 10-Q Financial Statement

#000114420417041940 Filed on August 10, 2017

View on sec.gov

Income Statement

Concept 2017 Q3 2017 Q2 2017 Q1
Revenue $8.389M $7.423M $4.659M
YoY Change 319.03% 319.14% 254.57%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $1.790M $3.210M $2.220M
YoY Change -23.83% 597.83% 126.53%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.176M $1.851M $1.346M
YoY Change 271.68% 240.26% 237.5%
% of Gross Profit
Operating Expenses $7.783M $8.046M $59.77M
YoY Change 95.31% 255.23% 1732.9%
Operating Profit
YoY Change
Interest Expense $2.174M $1.990M $1.100M
YoY Change 106.81% 57.61% -2.58%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $610.0K -$620.0K -$1.320M
YoY Change -130.81% 26.53% -32.31%
Income Tax
% Of Pretax Income
Net Earnings $606.0K -$623.0K -$1.318M
YoY Change -130.56% 26.11% -32.31%
Net Earnings / Revenue 7.22% -8.39% -28.29%
Basic Earnings Per Share
Diluted Earnings Per Share $29.74K -$35.15K -$74.96K
COMMON SHARES
Basic Shares Outstanding 21.63M shares 17.61M shares 17.61M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2017 Q3 2017 Q2 2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.800M $12.00M $8.400M
YoY Change -91.64% 361.54% 1580.0%
Cash & Equivalents $6.777M $12.03M $8.357M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $7.400M $12.50M $8.700M
YoY Change -90.92% 380.77% 987.5%
LONG-TERM ASSETS
Property, Plant & Equipment $412.1M $331.6M $294.1M
YoY Change 236.96% 259.65% 217.26%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $160.2K $88.70K $11.48K
YoY Change -91.99% -97.6% -99.56%
Total Long-Term Assets $421.5M $356.9M $317.1M
YoY Change 239.14% 272.54% 232.72%
TOTAL ASSETS
Total Short-Term Assets $7.400M $12.50M $8.700M
Total Long-Term Assets $421.5M $356.9M $317.1M
Total Assets $428.9M $369.4M $325.8M
YoY Change 108.43% 275.4% 239.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $2.400M $2.200M $1.900M
YoY Change 500.0% -29.03% 18.75%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $400.0K
YoY Change -100.0% -100.0% 0.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $10.20M $9.000M $8.600M
YoY Change 67.21% 42.86% 152.94%
LONG-TERM LIABILITIES
Long-Term Debt $164.6M $183.0M $167.3M
YoY Change 312.53% 129.04% 109.13%
Other Long-Term Liabilities $1.100M $1.100M $500.0K
YoY Change
Total Long-Term Liabilities $165.7M $184.1M $167.8M
YoY Change 315.29% 130.41% 109.75%
TOTAL LIABILITIES
Total Short-Term Liabilities $10.20M $9.000M $8.600M
Total Long-Term Liabilities $165.7M $184.1M $167.8M
Total Liabilities $175.9M $193.1M $176.5M
YoY Change 281.7% 123.75% 111.78%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $21.63K $21.11K $17.61K
YoY Change 22.86% 1133.78%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $252.3M $176.3M $149.3M
YoY Change
Total Liabilities & Shareholders Equity $428.9M $369.4M $325.8M
YoY Change 108.43% 275.46% 239.03%

Cashflow Statement

Concept 2017 Q3 2017 Q2 2017 Q1
OPERATING ACTIVITIES
Net Income $606.0K -$623.0K -$1.318M
YoY Change -130.56% 26.11% -32.31%
Depreciation, Depletion And Amortization $2.176M $1.851M $1.346M
YoY Change 271.68% 240.26% 237.5%
Cash From Operating Activities $3.080M $2.170M $3.172M
YoY Change -265.59% 135.87% -383.21%
INVESTING ACTIVITIES
Capital Expenditures -$65.07M -$39.09M -$109.4M
YoY Change 111.68% -388.25%
Acquisitions
YoY Change
Other Investing Activities -$380.0K $280.0K $130.0K
YoY Change -860.0% -566.67% -64.86%
Cash From Investing Activities -$65.45M -$38.81M -$109.2M
YoY Change 113.19% 55342.86% 190.79%
FINANCING ACTIVITIES
Cash Dividend Paid $21.11M $0.00
YoY Change -100.0%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 56.85M 40.84M $95.60M
YoY Change -48.93% 3220.33% 218.55%
NET CHANGE
Cash From Operating Activities 3.080M 2.170M $3.172M
Cash From Investing Activities -65.45M -38.81M -$109.2M
Cash From Financing Activities 56.85M 40.84M $95.60M
Net Change In Cash -5.520M 4.200M -$10.48M
YoY Change -107.01% 101.92% 20.75%
FREE CASH FLOW
Cash From Operating Activities $3.080M $2.170M $3.172M
Capital Expenditures -$65.07M -$39.09M -$109.4M
Free Cash Flow $68.15M $41.26M $112.6M
YoY Change 135.98% 4384.78% -388.11%

Facts In Submission

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us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
6188509 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-1943257 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
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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
-3.82
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
-0.11
gmre Business Acquistion Proforma Weighted Average Number Of Shares Outstanding
BusinessAcquistionProformaWeightedAverageNumberOfSharesOutstanding
17624906 shares
gmre Business Acquistion Proforma Weighted Average Number Of Shares Outstanding
BusinessAcquistionProformaWeightedAverageNumberOfSharesOutstanding
1025821 shares
CY2017Q2 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
7641035 USD
CY2016Q2 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
3335802 USD
CY2017Q2 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-762297 USD
CY2016Q2 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-1280701 USD
CY2016Q2 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
-0.90
CY2017Q2 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
-0.04
CY2017Q2 gmre Business Acquistion Proforma Weighted Average Number Of Shares Outstanding
BusinessAcquistionProformaWeightedAverageNumberOfSharesOutstanding
17644137 shares
CY2016Q2 gmre Business Acquistion Proforma Weighted Average Number Of Shares Outstanding
BusinessAcquistionProformaWeightedAverageNumberOfSharesOutstanding
1426656 shares
CY2017Q2 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
1145030 USD
CY2017Q2 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
32464 USD
CY2016Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
279354 USD
CY2016Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
1437 USD
CY2017Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
21630675 shares
CY2017Q2 us-gaap Below Market Lease Amortization Income Next Twelve Months
BelowMarketLeaseAmortizationIncomeNextTwelveMonths
32931 USD
CY2017Q2 us-gaap Below Market Lease Amortization Income Year Two
BelowMarketLeaseAmortizationIncomeYearTwo
65862 USD
CY2017Q2 us-gaap Below Market Lease Amortization Income Year Three
BelowMarketLeaseAmortizationIncomeYearThree
65862 USD
CY2017Q2 us-gaap Below Market Lease Amortization Income Year Four
BelowMarketLeaseAmortizationIncomeYearFour
65862 USD
CY2017Q2 us-gaap Below Market Lease Amortization Income Year Five
BelowMarketLeaseAmortizationIncomeYearFive
63017 USD
CY2017Q2 us-gaap Below Market Lease Amortization Income After Year Five
BelowMarketLeaseAmortizationIncomeAfterYearFive
-481470 USD
CY2017Q2 gmre Below Market Lease Net1
BelowMarketLeaseNet1
-187936 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
985736 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1971472 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1971472 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1971472 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
1356859 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
7660701 USD
CY2017Q2 gmre Finite Lived Intangible Assets Net1
FiniteLivedIntangibleAssetsNet1
15917712 USD
CY2017Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
39474900 USD
CY2016Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
39474900 USD
CY2017Q2 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
995990 USD
CY2016Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
1061602 USD
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
65612 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
65612 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
152845 USD
CY2017Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2017Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2017Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2017Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2017Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
21105675 shares
CY2017Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
3604037 USD
CY2017Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.20
us-gaap Property Management Fee Percent Fee
PropertyManagementFeePercentFee
0.015 pure
us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
7665 USD
CY2017Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
720827 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1140437 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
27267065 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
27784451 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
28293482 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
26301273 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
219992680 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
343101662 USD
us-gaap Lessee Leasing Arrangements Operating Leases Renewal Term
LesseeLeasingArrangementsOperatingLeasesRenewalTerm
P60Y
gmre Lease Expiration Periods
LeaseExpirationPeriods
2023
gmre Percentage Of Annual Lease Rent
PercentageOfAnnualLeaseRent
0.125 pure
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
78245 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
81987 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
81987 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
81987 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
1883702 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
2245159 USD
dei Document Type
DocumentType
10-Q
dei Amendment Flag
AmendmentFlag
false
dei Document Period End Date
DocumentPeriodEndDate
2017-06-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2017
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
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 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2017Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2016Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q2 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
338133013 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
CY2017Q2 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
CY2017Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
21105675 shares
CY2016Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
17605675 shares
CY2016Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
17605675 shares
CY2017Q2 us-gaap Reimbursement Revenue
ReimbursementRevenue
697639 USD
CY2016Q2 us-gaap Reimbursement Revenue
ReimbursementRevenue
0 USD
us-gaap Reimbursement Revenue
ReimbursementRevenue
697639 USD
us-gaap Reimbursement Revenue
ReimbursementRevenue
0 USD
us-gaap Proceeds From Payments For Long Term Loans For Related Parties
ProceedsFromPaymentsForLongTermLoansForRelatedParties
-39040 USD
us-gaap Proceeds From Payments For Long Term Loans For Related Parties
ProceedsFromPaymentsForLongTermLoansForRelatedParties
40384 USD
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
421000 USD
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
0 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
358365 USD
gmre Accrued Deferred Initial Public Offering Costs
AccruedDeferredInitialPublicOfferingCosts
174325 USD
gmre Accrued Deferred Initial Public Offering Costs
AccruedDeferredInitialPublicOfferingCosts
1152543 USD
gmre Reclassification Of Deferred Public Offering Cost To Additional Paid In Capital Non Cash Or Partial Non Cash Transaction
ReclassificationOfDeferredPublicOfferingCostToAdditionalPaidInCapitalNonCashOrPartialNonCashTransaction
394092 USD
gmre Reclassification Of Deferred Public Offering Cost To Additional Paid In Capital Non Cash Or Partial Non Cash Transaction
ReclassificationOfDeferredPublicOfferingCostToAdditionalPaidInCapitalNonCashOrPartialNonCashTransaction
0 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
74462 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
0 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt" align="justify"></div> <div style="CLEAR:both;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt" align="justify"><b><font style="FONT-FAMILY: 'Times New Roman',serif; FONT-SIZE: 10pt">Use of Estimates</font></b></div> <div style="CLEAR:both;LINE-HEIGHT: normal; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt" align="justify"><b><font style="FONT-FAMILY: 'Times New Roman',serif; FONT-SIZE: 10pt"> &#160;</font></b></div> <div style="CLEAR:both;LINE-HEIGHT: normal; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt" align="justify"><font style="FONT-FAMILY: 'Times New Roman',serif; FONT-SIZE: 10pt">The preparation of the consolidated financial statements in conformity with 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.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
gmre Stock Issuance Incremental Cost
StockIssuanceIncrementalCost
394092 USD
CY2017Q2 us-gaap Other Deferred Costs Net
OtherDeferredCostsNet
33152 USD
CY2017Q2 us-gaap Debt Related Commitment Fees And Debt Issuance Costs
DebtRelatedCommitmentFeesAndDebtIssuanceCosts
1200000 USD
us-gaap Prior Period Reclassification Adjustment
PriorPeriodReclassificationAdjustment
1200000 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
37251 USD
CY2017Q2 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
18154 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
36308 USD
CY2016Q2 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
18154 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
36308 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
13462711 USD
us-gaap Payment For Management Fee
PaymentForManagementFee
1247856 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
18083868 USD
us-gaap Payment For Management Fee
PaymentForManagementFee
150000 USD
CY2016Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
206597373 USD
CY2017Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
355071851 USD
us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
148474478 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
865654 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 us-gaap Payments Of Dividends
PaymentsOfDividends
21105675 USD
CY2017Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.20
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).
CY2016Q4 us-gaap Other Deferred Costs Net
OtherDeferredCostsNet
704537 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
29553232 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
CY2017Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
32807 USD
CY2016Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
62604 USD
CY2017Q1 us-gaap Debt Related Commitment Fees And Debt Issuance Costs
DebtRelatedCommitmentFeesAndDebtIssuanceCosts
1223359 USD
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
51679 USD
gmre Reclassification Of Costs To Value Of Facilities
ReclassificationOfCostsToValueOfFacilities
120691 USD
gmre Cost Incurred Additional Costs Capitalized
CostIncurredAdditionalCostsCapitalized
74462 USD
CY2016 us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
719592 USD
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
40384 USD
us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
9830 USD

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gmre-20170630.xml Edgar Link completed
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