2019 Q1 Form 10-Q Financial Statement

#000136060419000040 Filed on April 26, 2019

View on sec.gov

Income Statement

Concept 2019 Q1 2018 Q1
Revenue $169.0M $175.7M
YoY Change -3.81% 41.27%
Cost Of Revenue $42.70M $41.80M
YoY Change 2.15% 10.29%
Gross Profit $69.90M $70.30M
YoY Change -0.57% 5.24%
Gross Profit Margin 41.37% 40.02%
Selling, General & Admin $8.500M $9.100M
YoY Change -6.59% 3.41%
% of Gross Profit 12.16% 12.94%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $42.70M $39.60M
YoY Change 7.83% 14.78%
% of Gross Profit 61.09% 56.33%
Operating Expenses $51.20M $48.70M
YoY Change 5.13% 12.73%
Operating Profit $18.70M $35.66M
YoY Change -47.57% 20.63%
Interest Expense $23.97M $26.25M
YoY Change -8.7% -284.88%
% of Operating Profit 128.18% 73.61%
Other Income/Expense, Net $535.0K $35.00K
YoY Change 1428.57% 337.5%
Pretax Income $4.900M $9.200M
YoY Change -46.74% -71.07%
Income Tax
% Of Pretax Income
Net Earnings $13.44M $9.802M
YoY Change 37.11% -27.63%
Net Earnings / Revenue 7.95% 5.58%
Basic Earnings Per Share $0.07 $0.05
Diluted Earnings Per Share $0.06 $0.05
COMMON SHARES
Basic Shares Outstanding 205.1M shares 205.1M shares
Diluted Shares Outstanding 209.0M shares 209.2M shares

Balance Sheet

Concept 2019 Q1 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $11.30M $3.800M
YoY Change 197.37% 153.33%
Cash & Equivalents $61.07M $56.24M
Short-Term Investments
Other Short-Term Assets $50.00M $57.00M
YoY Change -12.28% -3.39%
Inventory
Prepaid Expenses
Receivables $16.00M $12.00M
Other Receivables $118.0M $99.00M
Total Short-Term Assets $11.30M $3.800M
YoY Change 197.37% 153.33%
LONG-TERM ASSETS
Property, Plant & Equipment $3.165B $2.923B
YoY Change 8.28% 7.24%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $67.10M $69.15M
YoY Change -2.96%
Other Assets $10.60M $36.10M
YoY Change -70.64% -69.92%
Total Long-Term Assets $6.231B $6.356B
YoY Change -1.96% 69.43%
TOTAL ASSETS
Total Short-Term Assets $11.30M $3.800M
Total Long-Term Assets $6.231B $6.356B
Total Assets $6.243B $6.360B
YoY Change -1.84% 69.46%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $61.50M $62.30M
YoY Change -1.28% -0.64%
Accrued Expenses $91.00M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $97.00M
YoY Change
Total Short-Term Liabilities $152.5M $62.30M
YoY Change 144.78% -0.64%
LONG-TERM LIABILITIES
Long-Term Debt $1.357B $1.307B
YoY Change 3.86% 2.21%
Other Long-Term Liabilities $46.80M $49.60M
YoY Change -5.65% 11.46%
Total Long-Term Liabilities $1.404B $1.357B
YoY Change 3.51% 2.52%
TOTAL LIABILITIES
Total Short-Term Liabilities $152.5M $62.30M
Total Long-Term Liabilities $1.404B $1.357B
Total Liabilities $2.961B $3.042B
YoY Change -2.65% 52.2%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $4.520B $4.514B
YoY Change 0.14% 63.8%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.197B $3.230B
YoY Change
Total Liabilities & Shareholders Equity $6.243B $6.360B
YoY Change -1.84% 69.46%

Cashflow Statement

Concept 2019 Q1 2018 Q1
OPERATING ACTIVITIES
Net Income $13.44M $9.802M
YoY Change 37.11% -27.63%
Depreciation, Depletion And Amortization $42.70M $39.60M
YoY Change 7.83% 14.78%
Cash From Operating Activities $48.56M $60.88M
YoY Change -20.24% 29.5%
INVESTING ACTIVITIES
Capital Expenditures -$103.5M -$18.50M
YoY Change 459.46% -44.11%
Acquisitions
YoY Change
Other Investing Activities -$5.700M -$7.600M
YoY Change -25.0% -109.88%
Cash From Investing Activities -$36.05M -$42.37M
YoY Change -14.92% -1.14%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $11.93M $2.709M
YoY Change 340.24% -13.12%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$77.56M -$68.14M
YoY Change 13.84% 1228.94%
NET CHANGE
Cash From Operating Activities $48.56M $60.88M
Cash From Investing Activities -$36.05M -$42.37M
Cash From Financing Activities -$77.56M -$68.14M
Net Change In Cash -$65.06M -$49.62M
YoY Change 31.1% 5026.24%
FREE CASH FLOW
Cash From Operating Activities $48.56M $60.88M
Capital Expenditures -$103.5M -$18.50M
Free Cash Flow $152.1M $79.38M
YoY Change 91.55% -0.91%

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CY2019Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
16815000 USD
CY2018Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
17417000 USD
CY2019Q1 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
181000 USD
CY2018Q1 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
172000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-36047000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-42367000 USD
CY2019Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
587000 USD
CY2018Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
1598000 USD
CY2019Q1 hta Proceedsfrom Paymentsof Security Deposits
ProceedsfromPaymentsofSecurityDeposits
0 USD
CY2018Q1 hta Proceedsfrom Paymentsof Security Deposits
ProceedsfromPaymentsofSecurityDeposits
52000 USD
CY2019Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
11926000 USD
CY2018Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2709000 USD
CY2019Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
63686000 USD
CY2018Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
62546000 USD
CY2019Q1 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
1364000 USD
CY2018Q1 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
1334000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-77563000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-68135000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-65055000 USD
CY2018Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-49622000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
133530000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
118560000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
68475000 USD
CY2018Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
68938000 USD
CY2019Q1 us-gaap Nature Of Operations
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Organization and Description of Business <div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">HTA, a Maryland corporation, and </span><span style="font-family:inherit;font-size:10pt;">HTALP</span><span style="font-family:inherit;font-size:10pt;">, a Delaware limited partnership, were incorporated or formed, as applicable, on </span><span style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">April 20, 2006</span><span style="font-family:inherit;font-size:10pt;">. HTA operates as a REIT and is the general partner of </span><span style="font-family:inherit;font-size:10pt;">HTALP</span><span style="font-family:inherit;font-size:10pt;">, which is the operating partnership, in an umbrella partnership, or “UPREIT” structure. HTA has qualified and intends to continue to be taxed as a REIT for federal income tax purposes under the applicable sections of the Internal Revenue Code. </span></div><div style="line-height:120%;padding-top:7px;text-align:left;text-indent:32px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We own real estate primarily consisting of medical office buildings (“MOBs”) located on or adjacent to hospital campuses or in off-campus, community core outpatient locations across </span><span style="font-family:inherit;font-size:10pt;"><span>32</span></span><span style="font-family:inherit;font-size:10pt;"> states within the United States, and we lease space to tenants primarily consisting of health systems, research and academic institutions, and various sized physician practices.  Through our full-service operating platform we provide leasing, asset management, acquisitions, development and other related services for our properties. </span></div>Our primary objective is to maximize stockholder value with growth through strategic investments that provide an attractive risk-adjusted return for our stockholders by consistently increasing our cash flow. In pursuing this objective, we: (i) seek internal growth through proactive asset management, leasing, building services and property management oversight; (ii) target accretive acquisitions and developments of MOBs in markets with attractive demographics that complement our existing portfolio; and (iii) actively manage our balance sheet to maintain flexibility with conservative leverage. Additionally, from time to time we consider, on an opportunistic basis, significant portfolio acquisitions that we believe fit our core business and we expect to enhance our existing portfolio.
CY2019Q1 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
32 States
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
61073000 USD
CY2018Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
56243000 USD
CY2019Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
7402000 USD
CY2018Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
12695000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
68475000 USD
CY2018Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
68938000 USD
CY2019Q1 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
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6500000 USD
CY2019Q1 us-gaap Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
0.50
CY2019Q1 us-gaap Equity Method Investments
EquityMethodInvestments
67100000 USD
CY2018Q4 us-gaap Equity Method Investments
EquityMethodInvestments
67200000 USD
CY2019Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
500000 USD
CY2018Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
600000 USD
CY2019Q1 hta Contractual Purchase Priceto Acquire Businesses
ContractualPurchasePricetoAcquireBusinesses
18800000 USD
CY2019Q1 hta Asset Acquisition Transaction Costs Capitalized
AssetAcquisitionTransactionCostsCapitalized
76000 USD
CY2019Q1 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Land
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedLand
3311000 USD
CY2018Q4 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Land
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedLand
1084000 USD
CY2019Q1 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Buildings And Improvements
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedBuildingsAndImprovements
13449000 USD
CY2018Q4 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Buildings And Improvements
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedBuildingsAndImprovements
10280000 USD
CY2019Q1 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed In Place Leases
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedInPlaceLeases
1927000 USD
CY2018Q4 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed In Place Leases
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedInPlaceLeases
662000 USD
CY2019Q1 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Below Market Leases
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedBelowMarketLeases
95000 USD
CY2018Q4 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Below Market Leases
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedBelowMarketLeases
139000 USD
CY2019Q1 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Above Market Leases
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAboveMarketLeases
160000 USD
CY2018Q4 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Above Market Leases
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAboveMarketLeases
0 USD
CY2019Q1 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Net
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedNet
18752000 USD
CY2018Q4 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Net
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedNet
11887000 USD
CY2019Q1 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Other Net
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedOtherNet
74000 USD
CY2018Q4 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Other Net
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedOtherNet
447000 USD
CY2019Q1 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Including Other Net
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedIncludingOtherNet
18826000 USD
CY2018Q4 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Including Other Net
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedIncludingOtherNet
12334000 USD
CY2019Q1 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
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P9Y1M6D
CY2018Q1 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
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P8Y4M24D
CY2019Q1 hta Acquired Finite Lived Intangible Liabilities Weighted Average Useful Life
AcquiredFiniteLivedIntangibleLiabilitiesWeightedAverageUsefulLife
P9Y1M6D
CY2018Q1 hta Acquired Finite Lived Intangible Liabilities Weighted Average Useful Life
AcquiredFiniteLivedIntangibleLiabilitiesWeightedAverageUsefulLife
P8Y4M24D
CY2018Q1 us-gaap Impairment Of Real Estate
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4600000 USD
CY2018Q1 hta Number Of Assets Impaired
NumberOfAssetsImpaired
2 building
CY2019Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
633428000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
728485000 USD
CY2019Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
359593000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
355576000 USD
CY2019Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
273835000 USD
CY2019Q1 us-gaap Finite Lived Intangible Assets Remaining Amortization Period1
FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
P9Y7M6D
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
372909000 USD
CY2018 us-gaap Finite Lived Intangible Assets Remaining Amortization Period1
FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
P22Y1M6D
CY2019Q1 hta Finite Lived Intangible Liabilities Gross
FiniteLivedIntangibleLiabilitiesGross
61135000 USD
CY2018Q4 hta Finite Lived Intangible Liabilities Gross
FiniteLivedIntangibleLiabilitiesGross
82005000 USD
CY2019Q1 hta Finite Lived Intangible Liabilities Accumulated Amortization
FiniteLivedIntangibleLiabilitiesAccumulatedAmortization
20315000 USD
CY2018Q4 hta Finite Lived Intangible Liabilities Accumulated Amortization
FiniteLivedIntangibleLiabilitiesAccumulatedAmortization
20859000 USD
CY2019Q1 hta Finite Lived Intangible Liabilities Net
FiniteLivedIntangibleLiabilitiesNet
40820000 USD
CY2019Q1 hta Finite Lived Intangible Liabilities Weighted Average Remaining Life
FiniteLivedIntangibleLiabilitiesWeightedAverageRemainingLife
P14Y7M6D
CY2018Q4 hta Finite Lived Intangible Liabilities Net
FiniteLivedIntangibleLiabilitiesNet
61146000 USD
CY2018 hta Finite Lived Intangible Liabilities Weighted Average Remaining Life
FiniteLivedIntangibleLiabilitiesWeightedAverageRemainingLife
P25Y3M18D
CY2019Q1 us-gaap Accounts Receivable Net
AccountsReceivableNet
16038000 USD
CY2018Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
14588000 USD
CY2019Q1 us-gaap Other Receivables
OtherReceivables
20280000 USD
CY2018Q4 us-gaap Other Receivables
OtherReceivables
16078000 USD
CY2019Q1 hta Deferred Financing Costs Net
DeferredFinancingCostsNet
5618000 USD
CY2018Q4 hta Deferred Financing Costs Net
DeferredFinancingCostsNet
6049000 USD
CY2019Q1 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
30815000 USD
CY2018Q4 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
30731000 USD
CY2019Q1 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
97362000 USD
CY2018Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
92973000 USD
CY2019Q1 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
50495000 USD
CY2018Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
61885000 USD
CY2019Q1 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
594000 USD
CY2018Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
1111000 USD
CY2019Q1 hta Receivables And Other Assets Net
ReceivablesAndOtherAssetsNet
221202000 USD
CY2018Q4 hta Receivables And Other Assets Net
ReceivablesAndOtherAssetsNet
223415000 USD
CY2019Q1 us-gaap Amortization Of Deferred Leasing Fees
AmortizationOfDeferredLeasingFees
2154000 USD
CY2018Q1 us-gaap Amortization Of Deferred Leasing Fees
AmortizationOfDeferredLeasingFees
1506000 USD
CY2019Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
431000 USD
CY2018Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
431000 USD
CY2018Q4 hta Lessee Operating Lease Right Of Use Asset Calculation Lease Liability And Deferred Rent
LesseeOperatingLeaseRightOfUseAssetCalculationLeaseLiabilityAndDeferredRent
19000000.0 USD
CY2018Q4 hta Lessee Operating Lease Right Of Use Asset Calculation Above And Below Market Leasehold Interest Balance
LesseeOperatingLeaseRightOfUseAssetCalculationAboveAndBelowMarketLeaseholdInterestBalance
66500000 USD
CY2019Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
3055000 USD
CY2019Q1 us-gaap Variable Lease Cost
VariableLeaseCost
381000 USD
CY2019Q1 us-gaap Lease Cost
LeaseCost
3436000 USD
CY2019Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P48Y8M12D
CY2019Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.053
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
7751000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
10408000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
9877000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
10031000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
10132000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
639234000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
687433000 USD
CY2019Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
490120000 USD
CY2019Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
197313000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
10309000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
10408000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
9877000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
10031000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
10132000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
639234000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
689991000 USD
CY2019Q1 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
168500000 USD
CY2019Q1 us-gaap Variable Lease Income
VariableLeaseIncome
37900000 USD
CY2019Q1 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
370820000 USD
CY2019Q1 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
457596000 USD
CY2019Q1 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
409494000 USD
CY2019Q1 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
356994000 USD
CY2019Q1 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
309389000 USD
CY2019Q1 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
1331392000 USD
CY2019Q1 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
3235685000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsReceivableRemainderOfFiscalYear
497083000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
448956000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
401871000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
341889000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
294451000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
1244246000 USD
CY2019Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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402005000 USD
CY2019Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
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612120000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
3228496000 USD
CY2019Q1 us-gaap Debt Instrument Carrying Amount
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2560834000 USD
CY2018Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2561421000 USD
CY2019Q1 us-gaap Deferred Finance Costs Net
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13048000 USD
CY2018Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
13741000 USD
CY2019Q1 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
6167000 USD
CY2018Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
6448000 USD
CY2019Q1 us-gaap Long Term Debt
LongTermDebt
2541619000 USD
CY2018Q4 us-gaap Long Term Debt
LongTermDebt
2541232000 USD
CY2019Q1 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
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96776000 USD
CY2019Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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97429000 USD
CY2019Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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302504000 USD
CY2019Q1 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
1050000000 USD
CY2019Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2560834000 USD
CY2019Q1 hta Deferred Finance Costs Future Amortization Expense Remainder Of Fiscal Year
DeferredFinanceCostsFutureAmortizationExpenseRemainderOfFiscalYear
2399000 USD
CY2019Q1 hta Deferred Finance Costs Amortization Expense Year Two
DeferredFinanceCostsAmortizationExpenseYearTwo
2890000 USD
CY2019Q1 hta Deferred Finance Costs Amortization Expense Year Three
DeferredFinanceCostsAmortizationExpenseYearThree
2717000 USD
CY2019Q1 hta Deferred Finance Costs Amortization Expense Year Four
DeferredFinanceCostsAmortizationExpenseYearFour
2096000 USD
CY2019Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
13048000 USD
CY2019Q1 hta Deferred Finance Costs Amortization Expense Year Five
DeferredFinanceCostsAmortizationExpenseYearFive
1040000 USD
CY2019Q1 hta Deferred Finance Costs Amortization Expense After Year Five
DeferredFinanceCostsAmortizationExpenseAfterYearFive
1906000 USD
CY2019Q1 us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
400000 USD
CY2018Q4 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
0 USD
CY2018Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0 USD
CY2018Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
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1111000 USD
CY2019Q1 us-gaap Derivative Fair Value Of Derivative Asset
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594000 USD
CY2019Q1 us-gaap Derivative Asset Fair Value Gross Liability
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0 USD
CY2019Q1 us-gaap Derivative Assets
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594000 USD
CY2019Q1 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
0 USD
CY2019Q1 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0 USD
CY2019Q1 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
594000 USD
CY2018Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
1111000 USD
CY2018Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
0 USD
CY2018Q4 us-gaap Derivative Assets
DerivativeAssets
1111000 USD
CY2019Q1 us-gaap Minority Interest Ownership Percentage By Noncontrolling Owners
MinorityInterestOwnershipPercentageByNoncontrollingOwners
0.140
CY2018Q4 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
6544000 USD
CY2017Q4 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
6737000 USD
CY2019Q1 us-gaap Temporary Equity Net Income
TemporaryEquityNetIncome
28000 USD
CY2018Q1 us-gaap Temporary Equity Net Income
TemporaryEquityNetIncome
89000 USD
CY2019Q1 hta Temporary Equity Distributions
TemporaryEquityDistributions
52000 USD
CY2018Q1 hta Temporary Equity Distributions
TemporaryEquityDistributions
282000 USD
CY2019Q1 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
6520000 USD
CY2018Q1 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
6544000 USD
CY2019Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
345786 shares
CY2019Q1 hta Stock Repurchased During Period Price Per Share
StockRepurchasedDuringPeriodPricePerShare
24.65
CY2019Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
8500000 USD
CY2019Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
224300000 USD
CY2018Q1 us-gaap Interest Paid Net
InterestPaidNet
37518000 USD
CY2019Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
64000 USD
CY2019Q1 us-gaap Interest Paid Net
InterestPaidNet
33397000 USD
CY2018Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
656000 USD
CY2019Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
2911000 USD
CY2018Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
0 USD
CY2019Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
5163000 USD
CY2018Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
760000 USD
CY2019Q1 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
64922000 USD
CY2018Q1 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
63828000 USD
CY2019Q1 hta Noncash Redemption Of Noncontrolling Interests
NoncashRedemptionOfNoncontrollingInterests
527000 USD
CY2018Q1 hta Noncash Redemption Of Noncontrolling Interests
NoncashRedemptionOfNoncontrollingInterests
2413000 USD
CY2019Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
197099000 USD
CY2018Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD

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0001360604-19-000040.txt Edgar Link pending
0001360604-19-000040-xbrl.zip Edgar Link pending
a2019331ex311.htm Edgar Link pending
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