$GMRE
Global Medical REIT Inc

2018 Q3 Form 10-Q Financial Statement

#000114420418042820 Filed on August 08, 2018

View on sec.gov

Income Statement

Concept 2018 Q3 2018 Q2 2017 Q2
Revenue $14.00M $13.25M $7.423M
YoY Change 66.92% 78.49% 319.14%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $2.500M $2.860M $3.210M
YoY Change 39.66% -10.9% 597.83%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.614M $3.445M $1.851M
YoY Change 66.08% 86.12% 240.26%
% of Gross Profit
Operating Expenses $12.23M $11.87M $8.046M
YoY Change 57.14% 47.46% 255.23%
Operating Profit
YoY Change
Interest Expense $4.055M $3.942M $1.990M
YoY Change 86.52% 98.09% 57.61%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $1.770M $1.380M -$620.0K
YoY Change 190.16% -322.58% 26.53%
Income Tax
% Of Pretax Income
Net Earnings $1.773M $1.384M -$623.0K
YoY Change 192.57% -322.15% 26.11%
Net Earnings / Revenue 12.66% 10.45% -8.39%
Basic Earnings Per Share
Diluted Earnings Per Share $79.82K $64.26K -$35.15K
COMMON SHARES
Basic Shares Outstanding 21.63M shares 17.61M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2018 Q3 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.000M $4.800M $12.00M
YoY Change -55.88% -60.0% 361.54%
Cash & Equivalents $3.005M $4.755M $12.03M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $4.700M $6.100M $12.50M
YoY Change -36.49% -51.2% 380.77%
LONG-TERM ASSETS
Property, Plant & Equipment $586.2M $580.0M $331.6M
YoY Change 42.25% 74.91% 259.65%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.109M $2.283M $88.70K
YoY Change 592.2% 2473.99% -97.6%
Total Long-Term Assets $599.4M $595.9M $356.9M
YoY Change 42.19% 66.98% 272.54%
TOTAL ASSETS
Total Short-Term Assets $4.700M $6.100M $12.50M
Total Long-Term Assets $599.4M $595.9M $356.9M
Total Assets $604.1M $602.0M $369.4M
YoY Change 40.84% 62.98% 275.4%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $4.400M $5.500M $2.200M
YoY Change 83.33% 150.0% -29.03%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $15.50M $17.50M $9.000M
YoY Change 51.96% 94.44% 42.86%
LONG-TERM LIABILITIES
Long-Term Debt $331.9M $327.0M $183.0M
YoY Change 101.64% 78.69% 129.04%
Other Long-Term Liabilities $2.000M $2.100M $1.100M
YoY Change 81.82% 90.91%
Total Long-Term Liabilities $333.9M $329.1M $184.1M
YoY Change 101.51% 78.76% 130.41%
TOTAL LIABILITIES
Total Short-Term Liabilities $15.50M $17.50M $9.000M
Total Long-Term Liabilities $333.9M $329.1M $184.1M
Total Liabilities $349.4M $346.5M $193.1M
YoY Change 98.65% 79.45% 123.75%
SHAREHOLDERS EQUITY
Retained Earnings -$46.86M
YoY Change
Common Stock $22.00K $22.00K $21.11K
YoY Change 1.71% 4.24%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $237.0M $238.0M $176.3M
YoY Change
Total Liabilities & Shareholders Equity $604.1M $602.0M $369.4M
YoY Change 40.84% 62.98% 275.46%

Cashflow Statement

Concept 2018 Q3 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income $1.773M $1.384M -$623.0K
YoY Change 192.57% -322.15% 26.11%
Depreciation, Depletion And Amortization $3.614M $3.445M $1.851M
YoY Change 66.08% 86.12% 240.26%
Cash From Operating Activities $4.180M $5.620M $2.170M
YoY Change 35.71% 158.99% 135.87%
INVESTING ACTIVITIES
Capital Expenditures -$10.26M -$59.11M -$39.09M
YoY Change -84.23% 51.22%
Acquisitions
YoY Change
Other Investing Activities -$610.0K -$210.0K $280.0K
YoY Change 60.53% -175.0% -566.67%
Cash From Investing Activities -$10.86M -$59.32M -$38.81M
YoY Change -83.41% 52.85% 55342.86%
FINANCING ACTIVITIES
Cash Dividend Paid $21.11M
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 4.320M 52.48M 40.84M
YoY Change -92.4% 28.5% 3220.33%
NET CHANGE
Cash From Operating Activities 4.180M 5.620M 2.170M
Cash From Investing Activities -10.86M -59.32M -38.81M
Cash From Financing Activities 4.320M 52.48M 40.84M
Net Change In Cash -2.360M -1.220M 4.200M
YoY Change -57.25% -129.05% 101.92%
FREE CASH FLOW
Cash From Operating Activities $4.180M $5.620M $2.170M
Capital Expenditures -$10.26M -$59.11M -$39.09M
Free Cash Flow $14.44M $64.73M $41.26M
YoY Change -78.81% 56.88% 4384.78%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Use of Estimates</div></div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; text-indent: 0.5in; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; color: rgb(0, 0, 0); text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;"> </div></div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; text-indent: 0.5in; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">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.</div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2018Q2 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
865000 USD
CY2017Q4 us-gaap Debt Instrument Unamortized Discount
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930000 USD
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2017Q2 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2018Q2 us-gaap Debt Instrument Carrying Amount
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CY2017Q4 us-gaap Debt Instrument Carrying Amount
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39475000 USD
CY2018Q2 us-gaap Operating Leases Future Minimum Payments Receivable Current
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23415000 USD
CY2018Q2 us-gaap Operating Leases Future Minimum Payments Due Current
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53000 USD
CY2018Q2 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
865000 USD
CY2017Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
930000 USD
us-gaap Net Income Loss
NetIncomeLoss
3285000 USD
us-gaap Net Income Loss
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-1941000 USD
CY2018Q2 us-gaap Below Market Lease Amortization Income Next Twelve Months
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377000 USD
CY2018Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
1432000 USD
CY2017Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2291000 USD
CY2018Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.001
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2018Q2 us-gaap Operating Leases Income Statement Lease Revenue
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CY2017Q2 us-gaap Operating Leases Income Statement Lease Revenue
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us-gaap Operating Leases Income Statement Lease Revenue
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us-gaap Operating Leases Income Statement Lease Revenue
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CY2018Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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109000 USD
CY2018Q2 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
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CY2017Q4 us-gaap Preferred Stock Shares Authorized
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CY2018Q2 us-gaap Preferred Stock Shares Authorized
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CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2017Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
14325000 USD
CY2018Q2 us-gaap Land
Land
55330000 USD
CY2017Q4 us-gaap Land
Land
42701000 USD
CY2018Q2 us-gaap Below Market Lease Amortization Income Year Two
BelowMarketLeaseAmortizationIncomeYearTwo
653000 USD
CY2018Q2 us-gaap Notes Payable
NotesPayable
38610000 USD
CY2017Q4 us-gaap Notes Payable
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38545000 USD
dei Document Type
DocumentType
10-Q
CY2018Q2 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
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CY2018Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
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109000 USD
CY2018Q2 gmre Revenue From Reimbursement
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659000 USD
CY2017Q2 gmre Revenue From Reimbursement
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698000 USD
gmre Revenue From Reimbursement
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1727000 USD
gmre Revenue From Reimbursement
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698000 USD
us-gaap Depreciation
Depreciation
6351000 USD
us-gaap Depreciation
Depreciation
3197000 USD
CY2017Q4 us-gaap Due To Related Parties Current And Noncurrent
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1036000 USD
CY2018Q2 us-gaap Below Market Lease Amortization Income Year Three
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CY2018Q2 us-gaap Investment Building And Building Improvements
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CY2017Q4 us-gaap Investment Building And Building Improvements
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CY2018Q2 us-gaap Preferred Stock Shares Issued
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CY2017Q4 us-gaap Preferred Stock Shares Issued
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CY2018Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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109000 USD
CY2018Q2 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
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46556000 USD
dei Amendment Flag
AmendmentFlag
false
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
18000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
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88000 USD
CY2018Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
9000 USD
CY2017Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
58000 USD
CY2018Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
3105000 shares
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
3105000 shares
CY2018Q2 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
6562000 USD
CY2017Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
4808000 USD
CY2018Q2 us-gaap Below Market Lease Amortization Income Year Four
BelowMarketLeaseAmortizationIncomeYearFour
605000 USD
us-gaap Amortization Of Leased Asset
AmortizationOfLeasedAsset
1691000 USD
us-gaap Amortization Of Leased Asset
AmortizationOfLeasedAsset
803000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
283000 shares
dei Document Period End Date
DocumentPeriodEndDate
2018-06-30
CY2018Q2 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
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CY2018Q2 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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us-gaap Amortization Of Above And Below Market Leases
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294000 USD
us-gaap Amortization Of Above And Below Market Leases
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us-gaap Related Party Transaction Expenses From Transactions With Related Party
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CY2018Q2 us-gaap Below Market Lease Amortization Income Year Five
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606000 USD
CY2018Q2 us-gaap Tenant Improvements
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12189000 USD
CY2017Q4 us-gaap Tenant Improvements
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8010000 USD
CY2017Q4 us-gaap Preferred Stock Liquidation Preference Value
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CY2018Q2 us-gaap Preferred Stock Liquidation Preference Value
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us-gaap Prior Period Reclassification Adjustment Description
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<div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Reclassification</div></div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; text-indent: 0.5in; margin-right: 0px; background: none;"><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; color: rgb(0, 0, 0); text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; text-indent: 0.5in; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, times, serif; font-size: 10pt; background: none; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">The Company’s Consolidated Statements of Operations for the three and six months ended June 30, 2018 and 2017 includes the expense line item “Operating Expenses.” For the three and six months ended June 30, 2018 this line item primarily included reimbursable property operating expenses that the Company pays on behalf of certain of its tenants, including real estate taxes and insurance as well as non-reimbursable property operating expenses. During the three and six months ended June 30, 2017, the Company recorded property operating expenses in the “General and Administrative” expense line item. Accordingly, for the three and six months ended June 30, 2017 these expenses have been reclassified from the “General and Administrative” expense line item into the “Operating Expenses” line item within the Company’s Consolidated Statements of Operations.</div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
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41162000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Gross
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31650000 USD
CY2018Q2 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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2234000 USD
CY2018Q2 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
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347800000 USD
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2018
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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2341000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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4422000 USD
CY2018Q2 us-gaap General And Administrative Expense
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1835000 USD
us-gaap General And Administrative Expense
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2774000 USD
us-gaap General And Administrative Expense
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3427000 USD
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CY2018Q2 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
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41162000 USD
CY2017Q4 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
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31650000 USD
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2515000 USD
us-gaap Payments Of Distributions To Affiliates
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us-gaap Amortization Of Deferred Charges
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983000 USD
us-gaap Amortization Of Deferred Charges
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500000 USD
dei Document Fiscal Period Focus
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Q2
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CY2018Q2 us-gaap Operating Leases Future Minimum Payments Due
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2723000 USD
CY2018Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
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305000 shares
us-gaap Share Based Compensation
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1237000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1140000 USD
CY2018Q2 gmre Below Market Lease Net1
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5358000 USD
CY2018Q2 us-gaap Amortization Of Financing Costs
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33000 USD
us-gaap Amortization Of Financing Costs
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65000 USD
CY2017Q2 us-gaap Amortization Of Financing Costs
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33000 USD
us-gaap Amortization Of Financing Costs
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66000 USD
us-gaap Dividends Payable Date Of Record Day Month And Year
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2018-07-15
CY2018Q2 us-gaap Real Estate Investment Property At Cost
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602009000 USD
CY2017Q4 us-gaap Real Estate Investment Property At Cost
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471507000 USD
CY2017Q4 us-gaap Common Stock Shares Authorized
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500000000 shares
CY2018Q2 us-gaap Common Stock Shares Authorized
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500000000 shares
us-gaap Other General Expense
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1784000 USD
us-gaap Other General Expense
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770000 USD
CY2018Q2 us-gaap Other General Expense
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680000 USD
CY2017Q2 us-gaap Other General Expense
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747000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Net
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36740000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Net
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29309000 USD
dei Entity Registrant Name
EntityRegistrantName
Global Medical REIT Inc.
CY2018Q2 us-gaap Management Fee Expense
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1095000 USD
CY2017Q2 us-gaap Management Fee Expense
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628000 USD
us-gaap Management Fee Expense
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2176000 USD
us-gaap Management Fee Expense
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1256000 USD
CY2018Q2 us-gaap Common Stock Shares Issued
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21631000 shares
CY2017Q4 us-gaap Common Stock Shares Issued
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21631000 shares
CY2018Q2 us-gaap Real Estate Investment Property Accumulated Depreciation
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22026000 USD
CY2017Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
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13594000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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259013000 USD
CY2018Q2 us-gaap Due To Related Parties Current And Noncurrent
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987000 USD
us-gaap Noncash Merger Related Costs
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46000 USD
us-gaap Noncash Merger Related Costs
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5000 USD
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
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588000 shares
dei Entity Central Index Key
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0001533615
CY2016Q1 us-gaap Debt Instrument Interest Rate Stated Percentage
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CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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1889000 USD
CY2018Q2 us-gaap Real Estate Investment Property Net
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579983000 USD
CY2017Q4 us-gaap Real Estate Investment Property Net
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457913000 USD
CY2018Q2 us-gaap Common Stock Shares Outstanding
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21631000 shares
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
21631000 shares
CY2018Q2 us-gaap Depreciation
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3445000 USD
CY2017Q2 us-gaap Depreciation
Depreciation
1851000 USD
CY2017Q4 us-gaap Below Market Lease Gross
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1389000 USD
CY2018Q2 us-gaap Below Market Lease Gross
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2275000 USD
dei Current Fiscal Year End Date
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--12-31
CY2018Q2 us-gaap Below Market Lease Accumulated Amortization
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194000 USD
CY2017Q4 us-gaap Below Market Lease Accumulated Amortization
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98000 USD
CY2018Q2 us-gaap Adjustment For Amortization
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926000 USD
CY2017Q2 us-gaap Adjustment For Amortization
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459000 USD
us-gaap Adjustment For Amortization
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1691000 USD
us-gaap Adjustment For Amortization
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803000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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5109000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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3669000 USD
CY2016Q1 us-gaap Debt Instrument Description
DebtInstrumentDescription
Prepayment can only occur within four months prior to the maturity date, except that after the earlier of (a) two years after the loan is placed in a securitized mortgage pool, or (b) May 6, 2020, the Cantor Loan can be fully and partially defeased upon payment of amounts due under the Cantor Loan and payment of a defeasance amount that is sufficient to purchase U.S. government securities equal to the scheduled payments of principal, interest, fees, and any other amounts due related to a full or partial defeasance under the Cantor Loan. The Company secured the payment of the Cantor Loan with the assets, including property, facilities, and rents, held by the GMR Loan Subsidiaries and has agreed to guarantee certain customary recourse obligations, including findings of fraud, gross negligence, or breach of environmental covenants by the GMR Loan Subsidiaries. The GMR Loan Subsidiaries will be required to maintain a monthly debt service coverage ratio of 1.35:1.00 for all of the collateral properties in the aggregate.
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
635000 USD
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
322000 USD
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2635000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1162000 USD
CY2017 us-gaap Management Fee Expense
ManagementFeeExpense
1064000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
3615000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1237000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2005000 USD
us-gaap Interest Expense
InterestExpense
6627000 USD
us-gaap Interest Expense
InterestExpense
3091000 USD
CY2018Q2 us-gaap Interest Expense
InterestExpense
3942000 USD
CY2017Q2 us-gaap Interest Expense
InterestExpense
1990000 USD
CY2017Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
1291000 USD
CY2018Q2 us-gaap Below Market Lease Net
BelowMarketLeaseNet
2081000 USD
dei Trading Symbol
TradingSymbol
GMRE
CY2018Q2 us-gaap Accounts Receivable Net
AccountsReceivableNet
1339000 USD
CY2017Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
704000 USD
us-gaap Dividends Common Stock
DividendsCommonStock
8651000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
3001000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
126000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1479000 USD
CY2018Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
9000 USD
CY2017Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
536000 USD
us-gaap Payment For Management Fee
PaymentForManagementFee
1248000 USD
us-gaap Payment For Management Fee
PaymentForManagementFee
2145000 USD
CY2018Q2 us-gaap Payment For Management Fee
PaymentForManagementFee
1095000 USD
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-97000 USD
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
0 USD
CY2018Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
21630675 shares
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1254000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1395000 USD
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
31000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
2691000 USD
us-gaap Dividends Preferred Stock
DividendsPreferredStock
2911000 USD
CY2018Q2 us-gaap Deposits Assets
DepositsAssets
2080000 USD
CY2017Q4 us-gaap Deposits Assets
DepositsAssets
1638000 USD
CY2018Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Less Noncontrolling Interest
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedLessNoncontrollingInterest
64051000 USD
CY2018Q2 us-gaap Operating Expenses
OperatingExpenses
11865000 USD
CY2017Q2 us-gaap Operating Expenses
OperatingExpenses
8046000 USD
us-gaap Operating Expenses
OperatingExpenses
21529000 USD
us-gaap Operating Expenses
OperatingExpenses
14023000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
1384000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
-623000 USD
CY2018Q2 us-gaap Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
7200000 USD
CY2017Q4 us-gaap Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
3993000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
939000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
14436000 USD
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
2924000 USD
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
1725000 USD
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
8000 USD
CY2018Q2 gmre Finite Lived Intangible Assets Net1
FiniteLivedIntangibleAssetsNet1
29301000 USD
CY2018Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
2955000 USD
CY2017Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
2750000 USD
CY2018Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1455000 USD
CY2017Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
2911000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
4742000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
28000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2018Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-7000 USD
CY2017Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2018Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
2283000 USD
CY2017Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
459000 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
471507000 USD
us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsRedeemable
263000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
14923000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
5337000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
255513000 USD
us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
130502000 USD
CY2018Q2 us-gaap Assets
Assets
602027000 USD
CY2017Q4 us-gaap Assets
Assets
474571000 USD
CY2018Q2 us-gaap Escrow Deposit
EscrowDeposit
2080000 USD
CY2017Q4 us-gaap Escrow Deposit
EscrowDeposit
1638000 USD
CY2018Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-64000 USD
CY2017Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-623000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
346000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1941000 USD
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.02
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.11
CY2018Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.00
CY2017Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.04
CY2018Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
602009000 USD
CY2018Q2 us-gaap Line Of Credit
LineOfCredit
288350000 USD
CY2017Q4 us-gaap Line Of Credit
LineOfCredit
164900000 USD
us-gaap Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
124874000 USD
us-gaap Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
148474000 USD
us-gaap Payments For Proceeds From Other Deposits
PaymentsForProceedsFromOtherDeposits
298000 USD
us-gaap Payments For Proceeds From Other Deposits
PaymentsForProceedsFromOtherDeposits
-249000 USD
CY2018Q2 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
6396000 USD
CY2017Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
3842000 USD
CY2018Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
21631000 shares
CY2017Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
17644000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
21631000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
17625000 shares
us-gaap Proceeds From Payments For Long Term Loans For Related Parties
ProceedsFromPaymentsForLongTermLoansForRelatedParties
-80000 USD
us-gaap Proceeds From Payments For Long Term Loans For Related Parties
ProceedsFromPaymentsForLongTermLoansForRelatedParties
40000 USD
CY2018Q2 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0438 pure
CY2017Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0372 pure
us-gaap Payments For Construction In Process
PaymentsForConstructionInProcess
437000 USD
us-gaap Payments For Construction In Process
PaymentsForConstructionInProcess
0 USD
CY2018Q2 us-gaap Security Deposit Liability
SecurityDepositLiability
5052000 USD
CY2017Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
2128000 USD
CY2018Q2 gmre Receivables Earned But Not Paid Relating To Tenant Rent
ReceivablesEarnedButNotPaidRelatingToTenantRent
209000 USD
CY2017Q4 gmre Receivables Earned But Not Paid Relating To Tenant Rent
ReceivablesEarnedButNotPaidRelatingToTenantRent
125000 USD
CY2018Q2 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
5494000 USD
CY2017Q4 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
2020000 USD
us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
-118000 USD
us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
-121000 USD
us-gaap Debt Instrument Term
DebtInstrumentTerm
P2Y0M18D
CY2017 us-gaap Debt Instrument Term
DebtInstrumentTerm
P2Y11M8D
CY2018Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
5940000 USD
CY2017Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
5638000 USD
CY2018Q2 gmre Receivables To Be Collected To Pay Specific Tenant Expenses
ReceivablesToBeCollectedToPaySpecificTenantExpenses
1084000 USD
CY2017Q4 gmre Receivables To Be Collected To Pay Specific Tenant Expenses
ReceivablesToBeCollectedToPaySpecificTenantExpenses
579000 USD
CY2017Q2 us-gaap Share Based Compensation
ShareBasedCompensation
721000 USD
CY2018Q2 us-gaap Share Based Compensation
ShareBasedCompensation
1055000 USD
CY2018Q2 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
987000 USD
CY2017Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
1036000 USD
CY2018Q2 us-gaap Other Assets
OtherAssets
2283000 USD
CY2017Q4 us-gaap Other Assets
OtherAssets
459000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
29553000 USD
CY2018Q2 us-gaap Other Deferred Costs Net
OtherDeferredCostsNet
804000 USD
CY2017Q4 us-gaap Other Deferred Costs Net
OtherDeferredCostsNet
151000 USD
CY2018Q2 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
25
us-gaap Payments For Deposits Applied To Debt Retirements
PaymentsForDepositsAppliedToDebtRetirements
144000 USD
us-gaap Payments For Deposits Applied To Debt Retirements
PaymentsForDepositsAppliedToDebtRetirements
17000 USD
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).
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
0 USD
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
10000 USD
CY2018Q2 us-gaap Liabilities
Liabilities
346514000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
215558000 USD
CY2018Q2 gmre Capitalized Costs Acquisitions Of Property
CapitalizedCostsAcquisitionsOfProperty
200000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Award Vesting Rights Percentage
SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage
0.75 pure
CY2018Q2 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
47000 USD
CY2017Q2 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
0 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
0 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
2911000 USD
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
0 USD
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
421000 USD
CY2018Q2 us-gaap Limited Partners Capital Account Units Issued
LimitedPartnersCapitalAccountUnitsIssued
1857000 shares
CY2017Q4 us-gaap Limited Partners Capital Account Units Issued
LimitedPartnersCapitalAccountUnitsIssued
1246000 shares
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
129950000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
141800000 USD
CY2018Q2 us-gaap Lease Deposit Liability
LeaseDepositLiability
843000 USD
CY2017Q4 us-gaap Lease Deposit Liability
LeaseDepositLiability
508000 USD
CY2018Q2 us-gaap Preferred Stock Value
PreferredStockValue
74959000 USD
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
74959000 USD
CY2018Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
4310000 USD
CY2018Q2 us-gaap Common Stock Value
CommonStockValue
22000 USD
CY2017Q4 us-gaap Common Stock Value
CommonStockValue
22000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7114000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
20612000 USD
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y2M19D
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
6500000 USD
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
25000000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1123000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2277000 USD
CY2018Q2 us-gaap Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
46000 USD
CY2018Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
205788000 USD
CY2017Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
205788000 USD
CY2018Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-42739000 USD
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-34434000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-927000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-6287000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
238030000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
246335000 USD
CY2018Q2 us-gaap Minority Interest
MinorityInterest
17483000 USD
CY2017Q4 us-gaap Minority Interest
MinorityInterest
12678000 USD
CY2017Q4 us-gaap Accumulated Capitalized Interest Costs
AccumulatedCapitalizedInterestCosts
316000 USD
CY2017Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
143000 USD
CY2018Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
602027000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
474571000 USD
us-gaap Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
124874000 USD
us-gaap Interest Paid Net
InterestPaidNet
5592000 USD
us-gaap Interest Paid Net
InterestPaidNet
2480000 USD
CY2018Q2 gmre Tenant Improvement Allowances Receivable
TenantImprovementAllowancesReceivable
19036000 USD
us-gaap Liabilities Assumed1
LiabilitiesAssumed1
5826000 USD
us-gaap Liabilities Assumed1
LiabilitiesAssumed1
3701000 USD
CY2018Q2 us-gaap Revenues
Revenues
13249000 USD
CY2017Q2 us-gaap Revenues
Revenues
7423000 USD
us-gaap Revenues
Revenues
24814000 USD
us-gaap Revenues
Revenues
12082000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-125571000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-148064000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
263000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
0 USD
CY2016Q1 us-gaap Debt Instrument Covenant Description
DebtInstrumentCovenantDescription
maintain a monthly debt service coverage ratio of 1.35:1.00 for all of the collateral properties in the aggregate.
gmre Payments Of Dividens Common Stock Op And Ltip Units
PaymentsOfDividensCommonStockOpAndLtipUnits
-9288000 USD
gmre Payments Of Dividens Common Stock Op And Ltip Units
PaymentsOfDividensCommonStockOpAndLtipUnits
-7208000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
2911000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
0 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
109721000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
136440000 USD
gmre Tenant Improvements Expenditure Incurred But Not Yet Paid
TenantImprovementsExpenditureIncurredButNotYetPaid
1647000 USD
gmre Tenant Improvements Expenditure Incurred But Not Yet Paid
TenantImprovementsExpenditureIncurredButNotYetPaid
74000 USD
gmre Accrued Deferred Asset Costs
AccruedDeferredAssetCosts
572000 USD
gmre Accrued Deferred Asset Costs
AccruedDeferredAssetCosts
0 USD
gmre Accrued Deferred Initial Public Offering Costs
AccruedDeferredInitialPublicOfferingCosts
0 USD
gmre Accrued Deferred Initial Public Offering Costs
AccruedDeferredInitialPublicOfferingCosts
174000 USD
gmre Reclassification Of Deferred Follow On Offering Costs To Additional Paid In Capital
ReclassificationOfDeferredFollowOnOfferingCostsToAdditionalPaidInCapital
0 USD
gmre Reclassification Of Deferred Follow On Offering Costs To Additional Paid In Capital
ReclassificationOfDeferredFollowOnOfferingCostsToAdditionalPaidInCapital
394000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
4742000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
0 USD
us-gaap Partners Capital Account Units Sale Of Units
PartnersCapitalAccountUnitsSaleOfUnits
611000 shares
CY2017 us-gaap Partners Capital Account Units Sale Of Units
PartnersCapitalAccountUnitsSaleOfUnits
1246000 shares
CY2017 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
11532000 USD
CY2018Q2 us-gaap Limited Partners Capital Account
LimitedPartnersCapitalAccount
16274000 USD
CY2017Q4 us-gaap Limited Partners Capital Account
LimitedPartnersCapitalAccount
11532000 USD
CY2018Q3 us-gaap Derivative Term Of Contract
DerivativeTermOfContract
P0Y
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
367000 shares
CY2018Q3 us-gaap Derivative Swaption Interest Rate
DerivativeSwaptionInterestRate
0 pure
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
182000 shares
gmre Share Based Compensation Arrangement By Share Based Payment Award Non Option Vested Redeemed In Cash
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionVestedRedeemedInCash
34000 shares
gmre Sharebased Compensation Arrangement By Sharebased Payment Award Nonoption Redeemed In Cash
SharebasedCompensationArrangementBySharebasedPaymentAwardNonoptionRedeemedInCash
35000 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
27000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
4000 shares
gmre Performance Goals For Awards
PerformanceGoalsForAwards
As of June 30, 2018, management estimated that the Performance Goals would be met at a 75% level, and accordingly, applied 75% to the net target 2018 Program Annual Awards to estimate the 2018 Program Annual Awards expected to be earned at the end of the performance period.
us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
263000 USD
gmre Additional Earn Up Rate For Grantee
AdditionalEarnUpRateForGrantee
1.5 pure

Files In Submission

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0001144204-18-042820-xbrl.zip Edgar Link pending
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gmre-20180630.xml Edgar Link completed
gmre-20180630.xsd Edgar Link pending
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gmre-20180630_def.xml Edgar Link unprocessable
gmre-20180630_lab.xml Edgar Link unprocessable
gmre-20180630_pre.xml Edgar Link unprocessable
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