2020 Q1 Form 10-Q Financial Statement

#000136060420000049 Filed on May 06, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q1
Revenue $185.8M $169.0M
YoY Change 9.95% -3.81%
Cost Of Revenue $49.60M $42.70M
YoY Change 16.16% 2.15%
Gross Profit $75.30M $69.90M
YoY Change 7.73% -0.57%
Gross Profit Margin 40.53% 41.37%
Selling, General & Admin $8.800M $8.500M
YoY Change 3.53% -6.59%
% of Gross Profit 11.69% 12.16%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $47.50M $42.70M
YoY Change 11.24% 7.83%
% of Gross Profit 63.08% 61.09%
Operating Expenses $56.20M $51.20M
YoY Change 9.77% 5.13%
Operating Profit $19.10M $18.70M
YoY Change 2.14% -47.57%
Interest Expense $23.87M $23.97M
YoY Change -0.41% -8.7%
% of Operating Profit 124.98% 128.18%
Other Income/Expense, Net $76.00K $535.0K
YoY Change -85.79% 1428.57%
Pretax Income $4.300M $4.900M
YoY Change -12.24% -46.74%
Income Tax
% Of Pretax Income
Net Earnings $17.90M $13.44M
YoY Change 33.19% 37.11%
Net Earnings / Revenue 9.64% 7.95%
Basic Earnings Per Share $0.08 $0.07
Diluted Earnings Per Share $0.08 $0.06
COMMON SHARES
Basic Shares Outstanding 216.7M shares 205.1M shares
Diluted Shares Outstanding 220.6M shares 209.0M shares

Balance Sheet

Concept 2020 Q1 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $103.4M $11.30M
YoY Change 815.04% 197.37%
Cash & Equivalents $216.5M $61.07M
Short-Term Investments
Other Short-Term Assets $52.00M $50.00M
YoY Change 4.0% -12.28%
Inventory
Prepaid Expenses
Receivables $3.000M $16.00M
Other Receivables $135.0M $118.0M
Total Short-Term Assets $103.4M $11.30M
YoY Change 815.04% 197.37%
LONG-TERM ASSETS
Property, Plant & Equipment $3.455B $3.165B
YoY Change 9.16% 8.28%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $65.50M $67.10M
YoY Change -2.38% -2.96%
Other Assets $0.00 $10.60M
YoY Change -100.0% -70.64%
Total Long-Term Assets $6.721B $6.231B
YoY Change 7.86% -1.96%
TOTAL ASSETS
Total Short-Term Assets $103.4M $11.30M
Total Long-Term Assets $6.721B $6.231B
Total Assets $6.824B $6.243B
YoY Change 9.32% -1.84%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $64.60M $61.50M
YoY Change 5.04% -1.28%
Accrued Expenses $91.10M $91.00M
YoY Change 0.11%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $2.000M $97.00M
YoY Change -97.94%
Total Short-Term Liabilities $155.7M $152.5M
YoY Change 2.1% 144.78%
LONG-TERM LIABILITIES
Long-Term Debt $1.662B $1.357B
YoY Change 22.47% 3.86%
Other Long-Term Liabilities $70.10M $46.80M
YoY Change 49.79% -5.65%
Total Long-Term Liabilities $1.733B $1.404B
YoY Change 23.38% 3.51%
TOTAL LIABILITIES
Total Short-Term Liabilities $155.7M $152.5M
Total Long-Term Liabilities $1.733B $1.404B
Total Liabilities $3.419B $2.961B
YoY Change 15.47% -2.65%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $4.912B $4.520B
YoY Change 8.66% 0.14%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.340B $3.197B
YoY Change
Total Liabilities & Shareholders Equity $6.824B $6.243B
YoY Change 9.32% -1.84%

Cashflow Statement

Concept 2020 Q1 2019 Q1
OPERATING ACTIVITIES
Net Income $17.90M $13.44M
YoY Change 33.19% 37.11%
Depreciation, Depletion And Amortization $47.50M $42.70M
YoY Change 11.24% 7.83%
Cash From Operating Activities $75.42M $48.56M
YoY Change 55.33% -20.24%
INVESTING ACTIVITIES
Capital Expenditures -$105.7M -$103.5M
YoY Change 2.13% 459.46%
Acquisitions
YoY Change
Other Investing Activities -$2.500M -$5.700M
YoY Change -56.14% -25.0%
Cash From Investing Activities -$76.62M -$36.05M
YoY Change 112.56% -14.92%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$45.40M $11.93M
YoY Change -480.65% 340.24%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $185.1M -$77.56M
YoY Change -338.59% 13.84%
NET CHANGE
Cash From Operating Activities $75.42M $48.56M
Cash From Investing Activities -$76.62M -$36.05M
Cash From Financing Activities $185.1M -$77.56M
Net Change In Cash $183.9M -$65.06M
YoY Change -382.62% 31.1%
FREE CASH FLOW
Cash From Operating Activities $75.42M $48.56M
Capital Expenditures -$105.7M -$103.5M
Free Cash Flow $181.1M $152.1M
YoY Change 19.12% 91.55%

Facts In Submission

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CY2020Q1 hta Increase Decrease In Security Deposits Prepaid Rent And Other Liabilities
IncreaseDecreaseInSecurityDepositsPrepaidRentAndOtherLiabilities
1055000 USD
CY2019Q1 hta Increase Decrease In Security Deposits Prepaid Rent And Other Liabilities
IncreaseDecreaseInSecurityDepositsPrepaidRentAndOtherLiabilities
2492000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
75421000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
48555000 USD
CY2020Q1 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
41338000 USD
CY2019Q1 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
18592000 USD
CY2020Q1 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
12103000 USD
CY2019Q1 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
2014000 USD
CY2020Q1 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
6420000 USD
CY2020Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
720000000 USD
CY2019Q1 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
1193000 USD
CY2020Q1 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
23793000 USD
CY2019Q1 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
16815000 USD
CY2020Q1 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
191000 USD
CY2019Q1 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
181000 USD
CY2020Q1 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
6000000 USD
CY2019Q1 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
0 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-76623000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-36047000 USD
CY2019Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 USD
CY2020Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
415000000 USD
CY2019Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 USD
CY2020Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
95602000 USD
CY2019Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
587000 USD
CY2020Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
50020000 USD
CY2019Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
CY2020Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
4624000 USD
CY2019Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
11926000 USD
CY2020Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
68227000 USD
CY2019Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
63686000 USD
CY2020Q1 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
1509000 USD
CY2019Q1 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
1364000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
185058000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-77563000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
183856000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-65055000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
37616000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
133530000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
221472000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
68475000 USD
CY2020Q1 us-gaap Nature Of Operations
NatureOfOperations
Organization and Description of Business <div style="text-indent:24.75pt;margin-top:3pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">HTA, a Maryland corporation, and HTALP, a Delaware limited partnership, were incorporated or formed, as applicable, on April 20, 2006. HTA operates as a REIT and is the general partner of HTALP, 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="text-indent:24.75pt;padding-right:6.75pt;margin-top:3pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">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 33 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.
CY2020Q1 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
33 state
CY2020Q1 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
Certain prior year amounts related to the presentation of derivative financial instruments - cash flow hedges on the accompanying condensed consolidated balance sheets have been reclassified to conform to the current year presentation.
CY2020Q1 us-gaap Use Of Estimates
UseOfEstimates
The preparation of our condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that effect the reported amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent asset and liabilities. These estimates are made and evaluated on an ongoing basis using information that is currently available as well as various other assumptions believed to be reasonable under the circumstances. Actual results could differ from those estimates, perhaps in adverse ways, and those estimates could be different under different assumptions or conditions.
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
216515000 USD
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
61073000 USD
CY2020Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
4957000 USD
CY2019Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
7402000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
221472000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
68475000 USD
CY2019Q4 us-gaap Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
0.50
CY2020Q1 us-gaap Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
0.50
CY2020Q1 us-gaap Equity Method Investments
EquityMethodInvestments
65500000 USD
CY2019Q4 us-gaap Equity Method Investments
EquityMethodInvestments
65900000 USD
CY2020Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
400000 USD
CY2019Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
500000 USD
CY2020Q1 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Including Other Net
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedIncludingOtherNet
41700000 USD
CY2020Q1 hta Asset Acquisition Transaction Costs Capitalized
AssetAcquisitionTransactionCostsCapitalized
200000 USD
CY2020Q1 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Land
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedLand
2817000 USD
CY2019Q1 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Land
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedLand
3311000 USD
CY2020Q1 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Buildings And Improvements
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedBuildingsAndImprovements
35259000 USD
CY2019Q1 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Buildings And Improvements
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedBuildingsAndImprovements
13449000 USD
CY2020Q1 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed In Place Leases
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedInPlaceLeases
3621000 USD
CY2019Q1 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed In Place Leases
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedInPlaceLeases
1927000 USD
CY2020Q1 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Below Market Leases
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedBelowMarketLeases
693000 USD
CY2019Q1 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Below Market Leases
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedBelowMarketLeases
95000 USD
CY2020Q1 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Above Market Leases
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAboveMarketLeases
334000 USD
CY2019Q1 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Above Market Leases
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAboveMarketLeases
160000 USD
CY2020Q1 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Net
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedNet
41338000 USD
CY2019Q1 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Net
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedNet
18752000 USD
CY2020Q1 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Other Net
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedOtherNet
334000 USD
CY2019Q1 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Other Net
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedOtherNet
74000 USD
CY2020Q1 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Including Other Net
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedIncludingOtherNet
41672000 USD
CY2019Q1 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Including Other Net
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedIncludingOtherNet
18826000 USD
CY2020Q1 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P5Y4M24D
CY2019Q1 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P9Y1M6D
CY2020Q1 hta Acquired Finite Lived Intangible Liabilities Weighted Average Useful Life
AcquiredFiniteLivedIntangibleLiabilitiesWeightedAverageUsefulLife
P3Y9M18D
CY2019Q1 hta Acquired Finite Lived Intangible Liabilities Weighted Average Useful Life
AcquiredFiniteLivedIntangibleLiabilitiesWeightedAverageUsefulLife
P9Y1M6D
CY2019Q1 hta Number Of Assets Disposed
NumberOfAssetsDisposed
3 building
CY2019Q1 hta Aggregate Gross Sales Priceof Disposed Properties
AggregateGrossSalesPriceofDisposedProperties
1200000 USD
CY2019Q1 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
-37000 USD
CY2019Q1 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2020Q1 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
668339000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
665679000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
403314000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
387827000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
265025000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Remaining Amortization Period1
FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
P9Y4M24D
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
277852000 USD
CY2019 us-gaap Finite Lived Intangible Assets Remaining Amortization Period1
FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
P9Y4M24D
CY2020Q1 hta Finite Lived Intangible Liabilities Accumulated Amortization
FiniteLivedIntangibleLiabilitiesAccumulatedAmortization
29940000 USD
CY2019Q4 hta Finite Lived Intangible Liabilities Accumulated Amortization
FiniteLivedIntangibleLiabilitiesAccumulatedAmortization
27187000 USD
CY2020Q1 hta Finite Lived Intangible Liabilities Net
FiniteLivedIntangibleLiabilitiesNet
36659000 USD
CY2020Q1 hta Finite Lived Intangible Liabilities Weighted Average Remaining Life
FiniteLivedIntangibleLiabilitiesWeightedAverageRemainingLife
P14Y2M12D
CY2019Q4 hta Finite Lived Intangible Liabilities Net
FiniteLivedIntangibleLiabilitiesNet
38779000 USD
CY2019 hta Finite Lived Intangible Liabilities Weighted Average Remaining Life
FiniteLivedIntangibleLiabilitiesWeightedAverageRemainingLife
P13Y10M24D
CY2020Q1 us-gaap Accounts Receivable Net
AccountsReceivableNet
3309000 USD
CY2019Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
11801000 USD
CY2020Q1 us-gaap Other Receivables
OtherReceivables
19153000 USD
CY2019Q4 us-gaap Other Receivables
OtherReceivables
13786000 USD
CY2020Q1 hta Deferred Financing Costs Net
DeferredFinancingCostsNet
3894000 USD
CY2019Q4 hta Deferred Financing Costs Net
DeferredFinancingCostsNet
4325000 USD
CY2020Q1 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
38224000 USD
CY2019Q4 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
36586000 USD
CY2020Q1 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
112093000 USD
CY2019Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
107800000 USD
CY2020Q1 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
51547000 USD
CY2019Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
48505000 USD
CY2020Q1 us-gaap Derivative Assets
DerivativeAssets
0 USD
CY2019Q4 us-gaap Derivative Assets
DerivativeAssets
3011000 USD
CY2020Q1 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
3409000 USD
CY2019Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
3409000 USD
CY2020Q1 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
3393000 USD
CY2019Q4 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
3817000 USD
CY2020Q1 us-gaap Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
0 USD
CY2019Q4 us-gaap Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
3984000 USD
CY2020Q1 hta Receivables And Other Assets Net
ReceivablesAndOtherAssetsNet
235022000 USD
CY2019Q4 hta Receivables And Other Assets Net
ReceivablesAndOtherAssetsNet
237024000 USD
CY2020Q1 us-gaap Proceeds From Insurance Settlement Operating Activities
ProceedsFromInsuranceSettlementOperatingActivities
200000 USD
CY2020Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1896000 USD
CY2019Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
2154000 USD
CY2020Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
431000 USD
CY2019Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
431000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
7771000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
21000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
10731000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
124000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
10927000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
124000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
11066000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
125000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
10412000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
125000 USD
CY2020Q1 hta Lessee Operating Lease Liability Payments Due Year Six
LesseeOperatingLeaseLiabilityPaymentsDueYearSix
9901000 USD
CY2020Q1 hta Finance Lease Liability Payments Due Year Six
FinanceLeaseLiabilityPaymentsDueYearSix
128000 USD
CY2020Q1 hta Lessee Operating Lease Liability To Be Paid After Year Six
LesseeOperatingLeaseLiabilityToBePaidAfterYearSix
624109000 USD
CY2020Q1 hta Finance Lease Liability To Be Paid After Year Six
FinanceLeaseLiabilityToBePaidAfterYearSix
9295000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
684917000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
9942000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
486289000 USD
CY2020Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
6604000 USD
CY2020Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
6604000 USD
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
198628000 USD
CY2020Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
3338000 USD
CY2020Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
3338000 USD
CY2020Q1 hta Operating Lease Lease Incomeand Other Lease Related Income
OperatingLeaseLeaseIncomeandOtherLeaseRelatedIncome
184300000 USD
CY2019Q1 hta Operating Lease Lease Incomeand Other Lease Related Income
OperatingLeaseLeaseIncomeandOtherLeaseRelatedIncome
168500000 USD
CY2020Q1 us-gaap Variable Lease Income
VariableLeaseIncome
42800000 USD
CY2019Q1 us-gaap Variable Lease Income
VariableLeaseIncome
37900000 USD
CY2020Q1 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
402544000 USD
CY2020Q1 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
499747000 USD
CY2020Q1 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
443919000 USD
CY2020Q1 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
390144000 USD
CY2020Q1 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
342040000 USD
CY2020Q1 hta Lessor Operating Lease Paymentstobe Received Six Years
LessorOperatingLeasePaymentstobeReceivedSixYears
294869000 USD
CY2020Q1 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
1071163000 USD
CY2020Q1 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
3444426000 USD
CY2020Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2973458000 USD
CY2019Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2764060000 USD
CY2020Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
15619000 USD
CY2019Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
16255000 USD
CY2020Q1 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
-1884000 USD
CY2019Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
-1970000 USD
CY2020Q1 us-gaap Long Term Debt
LongTermDebt
2959723000 USD
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
2749775000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
1828000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
2504000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
407005000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
612121000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
200000000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
1750000000 USD
CY2020Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2973458000 USD
CY2020Q1 hta Deferred Finance Costs Future Amortization Expense Remainder Of Fiscal Year
DeferredFinanceCostsFutureAmortizationExpenseRemainderOfFiscalYear
2293000 USD
CY2020Q1 hta Deferred Finance Costs Amortization Expense Year Two
DeferredFinanceCostsAmortizationExpenseYearTwo
2695000 USD
CY2020Q1 hta Deferred Finance Costs Amortization Expense Year Three
DeferredFinanceCostsAmortizationExpenseYearThree
2697000 USD
CY2020Q1 hta Deferred Finance Costs Amortization Expense Year Four
DeferredFinanceCostsAmortizationExpenseYearFour
1978000 USD
CY2020Q1 hta Deferred Finance Costs Amortization Expense Year Five
DeferredFinanceCostsAmortizationExpenseYearFive
1475000 USD
CY2020Q1 hta Deferred Finance Costs Amortization Expense After Year Five
DeferredFinanceCostsAmortizationExpenseAfterYearFive
4481000 USD
CY2020Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
15619000 USD
CY2020Q1 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
5400000 USD
CY2020Q1 hta Derivative Liability Including Interest Excluding Adjustment For Nonperformance Risk
DerivativeLiabilityIncludingInterestExcludingAdjustmentForNonperformanceRisk
19900000 USD
CY2018Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
300000000.0 USD
CY2020Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
224300000 USD
CY2020Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
255000 shares
CY2020Q1 us-gaap Profit Loss
ProfitLoss
18208000 USD
CY2019Q1 us-gaap Profit Loss
ProfitLoss
13701000 USD
CY2020Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
307000 USD
CY2019Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
261000 USD
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
17901000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
13440000 USD
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
216692000 shares
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
205080000 shares
CY2020Q1 hta Incremental Common Shares Attributable To Conversion Of Partnership Units
IncrementalCommonSharesAttributableToConversionOfPartnershipUnits
3676000 shares
CY2019Q1 hta Incremental Common Shares Attributable To Conversion Of Partnership Units
IncrementalCommonSharesAttributableToConversionOfPartnershipUnits
3919000 shares
CY2020Q1 us-gaap Incremental Common Shares Attributable To Equity Forward Agreements
IncrementalCommonSharesAttributableToEquityForwardAgreements
255000 shares
CY2019Q1 us-gaap Incremental Common Shares Attributable To Equity Forward Agreements
IncrementalCommonSharesAttributableToEquityForwardAgreements
0 shares
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
220623000 shares
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
208999000 shares
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.08
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.07
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.08
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.06
CY2020Q1 us-gaap Interest Paid Net
InterestPaidNet
34062000 USD
CY2019Q1 us-gaap Interest Paid Net
InterestPaidNet
33397000 USD
CY2020Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
39000 USD
CY2019Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
64000 USD
CY2020Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
3352000 USD
CY2019Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
2911000 USD
CY2020Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
8923000 USD
CY2019Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
5163000 USD
CY2020Q1 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
69731000 USD
CY2019Q1 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
64922000 USD
CY2020Q1 hta Noncash Redemption Of Noncontrolling Interests
NoncashRedemptionOfNoncontrollingInterests
6776000 USD
CY2019Q1 hta Noncash Redemption Of Noncontrolling Interests
NoncashRedemptionOfNoncontrollingInterests
527000 USD
CY2020Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 USD
CY2019Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
197099000 USD

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