2020 Q4 Form 10-Q Financial Statement

#000136060420000098 Filed on November 04, 2020

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q3 2019 Q3
Revenue $125.9M $187.3M $175.0M
YoY Change 3.62% 7.04% -0.07%
Cost Of Revenue $50.20M $50.20M $46.80M
YoY Change 8.66% 7.26% 6.12%
Gross Profit $75.70M $75.10M $73.00M
YoY Change 0.53% 2.88% 5.34%
Gross Profit Margin 60.13% 40.09% 41.71%
Selling, General & Admin $7.200M $7.300M $10.80M
YoY Change -6.49% -32.41% 28.57%
% of Gross Profit 9.51% 9.72% 14.79%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $48.10M $47.10M $45.10M
YoY Change 4.11% 4.43% 7.13%
% of Gross Profit 63.54% 62.72% 61.78%
Operating Expenses $55.40M $54.50M $55.90M
YoY Change 2.97% -2.5% 10.47%
Operating Profit $20.30M $20.60M $17.10M
YoY Change -5.58% 20.47% -51.67%
Interest Expense -$13.70M $23.14M $24.63M
YoY Change -0.72% -6.05% -0.84%
% of Operating Profit -67.49% 112.31% 144.01%
Other Income/Expense, Net $0.00 $117.0K $205.0K
YoY Change -100.0% -42.93% 130.34%
Pretax Income -$15.90M $8.200M $2.600M
YoY Change -158.46% 215.38% -60.0%
Income Tax
% Of Pretax Income
Net Earnings -$15.90M -$6.827M -$8.463M
YoY Change -158.46% -19.33% -104.89%
Net Earnings / Revenue -12.63% -3.64% -4.84%
Basic Earnings Per Share -$0.03 -$0.04
Diluted Earnings Per Share -$118.0K -$0.03 -$0.04
COMMON SHARES
Basic Shares Outstanding 218.6M shares 218.5M shares 205.3M shares
Diluted Shares Outstanding 218.5M shares 205.3M shares

Balance Sheet

Concept 2020 Q4 2020 Q3 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $15.30M $122.0M $11.80M
YoY Change 2085.71% 933.9% 18.0%
Cash & Equivalents $115.4M $227.1M $12.75M
Short-Term Investments
Other Short-Term Assets $46.00M $45.00M $51.00M
YoY Change -6.12% -11.76% -13.56%
Inventory
Prepaid Expenses
Receivables $18.00M $9.000M $17.00M
Other Receivables $134.0M $136.0M $122.0M
Total Short-Term Assets $15.30M $122.0M $11.80M
YoY Change 2085.71% 933.9% 18.0%
LONG-TERM ASSETS
Property, Plant & Equipment $3.527B $3.326B $3.292B
YoY Change 4.42% 1.04% 11.23%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $64.40M $64.80M $66.30M
YoY Change -2.28% -2.26% -1.91%
Other Assets $20.60M $80.70M $5.300M
YoY Change 1422.64% -39.77%
Total Long-Term Assets $6.775B $6.653B $6.311B
YoY Change 2.07% 5.41% -0.12%
TOTAL ASSETS
Total Short-Term Assets $15.30M $122.0M $11.80M
Total Long-Term Assets $6.775B $6.653B $6.311B
Total Assets $6.791B $6.775B $6.323B
YoY Change 2.29% 7.14% -0.09%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $81.20M $79.50M $75.10M
YoY Change 3.44% 5.86% 3.02%
Accrued Expenses $92.30M $91.50M $91.40M
YoY Change 0.76% 0.11%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00 $1.000M
YoY Change -100.0% -100.0%
Total Short-Term Liabilities $173.5M $171.0M $166.5M
YoY Change 2.0% 2.7% 128.4%
LONG-TERM LIABILITIES
Long-Term Debt $1.622B $1.573B $1.458B
YoY Change 13.23% 7.88% 8.43%
Other Long-Term Liabilities $68.80M $67.00M $61.30M
YoY Change 11.69% 9.3% 42.23%
Total Long-Term Liabilities $1.690B $1.640B $1.520B
YoY Change 13.17% 7.94% 9.48%
TOTAL LIABILITIES
Total Short-Term Liabilities $173.5M $171.0M $166.5M
Total Long-Term Liabilities $1.690B $1.640B $1.520B
Total Liabilities $3.556B $3.500B $3.109B
YoY Change 10.84% 12.6% 7.62%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $4.919B $4.917B $4.583B
YoY Change 1.29% 7.28% 0.14%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.948B $3.212B $3.142B
YoY Change
Total Liabilities & Shareholders Equity $6.791B $6.775B $6.323B
YoY Change 2.29% 7.14% -0.09%

Cashflow Statement

Concept 2020 Q4 2020 Q3 2019 Q3
OPERATING ACTIVITIES
Net Income -$15.90M -$6.827M -$8.463M
YoY Change -158.46% -19.33% -104.89%
Depreciation, Depletion And Amortization $48.10M $47.10M $45.10M
YoY Change 4.11% 4.43% 7.13%
Cash From Operating Activities $58.50M $306.4M $67.80M
YoY Change 7.14% 351.92% 26.73%
INVESTING ACTIVITIES
Capital Expenditures -$229.4M -$130.2M -$93.30M
YoY Change 80.06% 39.55% 250.75%
Acquisitions
YoY Change
Other Investing Activities -$65.90M $4.700M -$4.100M
YoY Change -309.87% -214.63% -189.13%
Cash From Investing Activities -$295.3M -$125.5M -$97.40M
YoY Change 207.6% 28.85% 340.72%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 69.40M -41.90M 33.80M
YoY Change 129.04% -223.96% -217.77%
NET CHANGE
Cash From Operating Activities 58.50M 306.4M 67.80M
Cash From Investing Activities -295.3M -125.5M -97.40M
Cash From Financing Activities 69.40M -41.90M 33.80M
Net Change In Cash -167.4M 139.0M 4.200M
YoY Change 1408.11% 3209.52% 55.56%
FREE CASH FLOW
Cash From Operating Activities $58.50M $306.4M $67.80M
Capital Expenditures -$229.4M -$130.2M -$93.30M
Free Cash Flow $287.9M $436.6M $161.1M
YoY Change 58.19% 171.01% 101.12%

Facts In Submission

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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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CY2020Q1 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
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CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
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CY2020Q2 us-gaap Dividends
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CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2020Q3 us-gaap Stock Repurchased And Retired During Period Value
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CY2020Q3 us-gaap Common Stock Dividends Per Share Declared
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CY2020Q3 us-gaap Dividends
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NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
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CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
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2054000 USD
CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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us-gaap Profit Loss
ProfitLoss
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us-gaap Profit Loss
ProfitLoss
21722000 USD
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DepreciationAmortizationandOther
211843000 USD
hta Depreciation Amortizationand Other
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203392000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
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us-gaap Share Based Compensation
ShareBasedCompensation
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us-gaap Income Loss From Equity Method Investments
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2455000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
2225000 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
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us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
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us-gaap Gains Losses On Extinguishment Of Debt
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us-gaap Increase Decrease In Accounts Receivable And Other Operating Assets
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hta Increase Decrease In Security Deposits Prepaid Rent And Other Liabilities
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7227000 USD
hta Increase Decrease In Security Deposits Prepaid Rent And Other Liabilities
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4919000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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269668000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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238382000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
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us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
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us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
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us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
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us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
6420000 USD
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
1193000 USD
us-gaap Payments To Acquire Other Productive Assets
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us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
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us-gaap Proceeds From Collection Of Notes Receivable
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709000 USD
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
551000 USD
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
6000000 USD
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
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us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
365000000 USD
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RepaymentsOfLinesOfCredit
1429862000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
350000000 USD
us-gaap Proceeds From Issuance Of Senior Long Term Debt
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us-gaap Proceeds From Issuance Of Senior Long Term Debt
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us-gaap Repayments Of Senior Debt
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us-gaap Repayments Of Senior Debt
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us-gaap Repayments Of Secured Debt
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us-gaap Repayments Of Secured Debt
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us-gaap Payments Of Financing Costs
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us-gaap Payments Of Financing Costs
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us-gaap Payments Of Debt Extinguishment Costs
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us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
18383000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
50020000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
51804000 USD
us-gaap Proceeds From Issuance Of Common Limited Partners Units
ProceedsFromIssuanceOfCommonLimitedPartnersUnits
1378000 USD
us-gaap Proceeds From Issuance Of Common Limited Partners Units
ProceedsFromIssuanceOfCommonLimitedPartnersUnits
0 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
5094000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
205880000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
190853000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
3581000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
7503000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
83881000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
193630000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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-115714000 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
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
231246000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
17816000 USD
us-gaap Nature Of Operations
NatureOfOperations
Organization and Description of Business <div style="margin-top:3pt;text-indent:24.75pt"><span style="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="margin-top:3pt;padding-right:6.75pt;text-indent:24.75pt"><span style="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.
CY2020Q3 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
33 state
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.
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.
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
227138000 USD
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
12748000 USD
CY2020Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
4108000 USD
CY2019Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
5068000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
231246000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
17816000 USD
CY2019Q4 us-gaap Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
0.50
CY2020Q3 us-gaap Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
0.50
CY2020Q3 us-gaap Equity Method Investments
EquityMethodInvestments
64800000 USD
CY2019Q4 us-gaap Equity Method Investments
EquityMethodInvestments
65900000 USD
CY2020Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
400000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1200000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1500000 USD
CY2020Q3 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Including Other Net
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedIncludingOtherNet
52900000 USD
hta Asset Acquisition Transaction Costs Capitalized
AssetAcquisitionTransactionCostsCapitalized
300000 USD
CY2020Q3 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Land
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedLand
2817000 USD
CY2019Q3 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Land
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedLand
33408000 USD
CY2020Q3 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Buildings And Improvements
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedBuildingsAndImprovements
45610000 USD
CY2019Q3 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Buildings And Improvements
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedBuildingsAndImprovements
174708000 USD
CY2020Q3 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed In Place Leases
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedInPlaceLeases
4651000 USD
CY2019Q3 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed In Place Leases
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedInPlaceLeases
18532000 USD
CY2020Q3 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Below Market Leases
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedBelowMarketLeases
762000 USD
CY2019Q3 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Below Market Leases
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedBelowMarketLeases
3386000 USD
CY2020Q3 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Above Market Leases
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAboveMarketLeases
479000 USD
CY2019Q3 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Above Market Leases
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAboveMarketLeases
2046000 USD
CY2020Q3 hta Asset Acquisition Recognized Identifiable Assets Acquired And Liabilities Assumed Below Market Leasehold Interests
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBelowMarketLeaseholdInterests
242000 USD
CY2019Q3 hta Asset Acquisition Recognized Identifiable Assets Acquired And Liabilities Assumed Below Market Leasehold Interests
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBelowMarketLeaseholdInterests
0 USD
CY2020Q3 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Net
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedNet
52553000 USD
CY2019Q3 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Net
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedNet
225308000 USD
CY2020Q3 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Other Net
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedOtherNet
334000 USD
CY2019Q3 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Other Net
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedOtherNet
4543000 USD
CY2020Q3 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Including Other Net
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedIncludingOtherNet
52887000 USD
CY2019Q3 hta Asset Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Including Other Net
AssetAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedIncludingOtherNet
229851000 USD
us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P5Y1M6D
us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P5Y7M6D
hta Acquired Finite Lived Intangible Liabilities Weighted Average Useful Life
AcquiredFiniteLivedIntangibleLiabilitiesWeightedAverageUsefulLife
P3Y4M24D
hta Acquired Finite Lived Intangible Liabilities Weighted Average Useful Life
AcquiredFiniteLivedIntangibleLiabilitiesWeightedAverageUsefulLife
P7Y8M12D
hta Number Of Assets Disposed
NumberOfAssetsDisposed
3 building
hta Aggregate Gross Sales Priceof Disposed Properties
AggregateGrossSalesPriceofDisposedProperties
1200000 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
-37000 USD
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
656852000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
665679000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
418996000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
387827000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
237856000 USD
us-gaap Finite Lived Intangible Assets Remaining Amortization Period1
FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
P9Y4M24D
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
277852000 USD
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FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
P9Y4M24D
CY2020Q3 hta Finite Lived Intangible Liabilities Accumulated Amortization
FiniteLivedIntangibleLiabilitiesAccumulatedAmortization
28074000 USD
CY2019Q4 hta Finite Lived Intangible Liabilities Accumulated Amortization
FiniteLivedIntangibleLiabilitiesAccumulatedAmortization
27187000 USD
CY2020Q3 hta Finite Lived Intangible Liabilities Net
FiniteLivedIntangibleLiabilitiesNet
33586000 USD
hta Finite Lived Intangible Liabilities Weighted Average Remaining Life
FiniteLivedIntangibleLiabilitiesWeightedAverageRemainingLife
P14Y6M
CY2019Q4 hta Finite Lived Intangible Liabilities Net
FiniteLivedIntangibleLiabilitiesNet
38779000 USD
CY2019 hta Finite Lived Intangible Liabilities Weighted Average Remaining Life
FiniteLivedIntangibleLiabilitiesWeightedAverageRemainingLife
P13Y10M24D
CY2020Q3 us-gaap Accounts Receivable Net
AccountsReceivableNet
8532000 USD
CY2020Q3 hta Deferred Financing Costs Net
DeferredFinancingCostsNet
3017000 USD
CY2019Q4 hta Deferred Financing Costs Net
DeferredFinancingCostsNet
4325000 USD
CY2019Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
11801000 USD
CY2020Q3 us-gaap Other Receivables
OtherReceivables
11658000 USD
CY2019Q4 us-gaap Other Receivables
OtherReceivables
13786000 USD
CY2020Q3 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
42561000 USD
CY2019Q4 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
36586000 USD
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DeferredRentReceivablesNet
123981000 USD
CY2019Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
107800000 USD
CY2020Q3 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
45128000 USD
CY2019Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
48505000 USD
CY2020Q3 us-gaap Derivative Assets
DerivativeAssets
0 USD
CY2019Q4 us-gaap Derivative Assets
DerivativeAssets
3011000 USD
CY2020Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
4105000 USD
CY2019Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
3409000 USD
CY2020Q3 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
659000 USD
CY2019Q4 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
3817000 USD
CY2019Q4 hta Receivables And Other Assets Net
ReceivablesAndOtherAssetsNet
237024000 USD
CY2020Q3 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
CY2020Q3 hta Receivables And Other Assets Net
ReceivablesAndOtherAssetsNet
239641000 USD
CY2020Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
2389000 USD
CY2019Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1949000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
6398000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
5978000 USD
CY2020Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
431000 USD
CY2019Q3 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
431000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1293000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1293000 USD
hta Number Of Ground Leases Commenced
NumberOfGroundLeasesCommenced
1 lease
hta Number Of Ground Leases Commenced
NumberOfGroundLeasesCommenced
1 lease
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
2677000 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
31000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
10771000 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
164000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
10966000 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
164000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
11106000 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
165000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
10452000 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
165000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
9942000 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
168000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
625091000 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
10102000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
681005000 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
10959000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
482560000 USD
CY2020Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
6852000 USD
CY2020Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
6852000 USD
CY2020Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
198445000 USD
CY2020Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
4107000 USD
CY2020Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
4107000 USD
CY2020Q3 hta Operating Lease Lease Incomeand Other Lease Related Income
OperatingLeaseLeaseIncomeandOtherLeaseRelatedIncome
186300000 USD
CY2019Q3 hta Operating Lease Lease Incomeand Other Lease Related Income
OperatingLeaseLeaseIncomeandOtherLeaseRelatedIncome
173100000 USD
CY2020Q3 us-gaap Variable Lease Income
VariableLeaseIncome
42700000 USD
CY2019Q3 us-gaap Variable Lease Income
VariableLeaseIncome
39100000 USD
hta Operating Lease Lease Incomeand Other Lease Related Income
OperatingLeaseLeaseIncomeandOtherLeaseRelatedIncome
546800000 USD
hta Operating Lease Lease Incomeand Other Lease Related Income
OperatingLeaseLeaseIncomeandOtherLeaseRelatedIncome
511500000 USD
us-gaap Variable Lease Income
VariableLeaseIncome
127300000 USD
us-gaap Variable Lease Income
VariableLeaseIncome
115200000 USD
CY2020Q3 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
132156000 USD
CY2020Q3 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
540191000 USD
CY2020Q3 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
486895000 USD
CY2020Q3 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
434519000 USD
CY2020Q3 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
383147000 USD
CY2020Q3 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
333548000 USD
CY2020Q3 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
1330323000 USD
CY2020Q3 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
3640779000 USD
CY2020Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
3050000000 USD
CY2019Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2764060000 USD
CY2020Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
19638000 USD
CY2019Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
16255000 USD
CY2020Q3 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
3828000 USD
CY2019Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
-1970000 USD
CY2020Q3 us-gaap Long Term Debt
LongTermDebt
3026534000 USD
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
2749775000 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
0 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
0 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
300000000 USD
CY2020Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
200000000 USD
CY2020Q3 hta Long Term Debt Maturity After Year Four
LongTermDebtMaturityAfterYearFour
2550000000 USD
CY2020Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
3050000000 USD
CY2020Q3 hta Deferred Finance Costs Future Amortization Expense Remainder Of Fiscal Year
DeferredFinanceCostsFutureAmortizationExpenseRemainderOfFiscalYear
744000 USD
CY2020Q3 hta Deferred Finance Costs Amortization Expense Year One
DeferredFinanceCostsAmortizationExpenseYearOne
2976000 USD
CY2020Q3 hta Deferred Finance Costs Amortization Expense Year Two
DeferredFinanceCostsAmortizationExpenseYearTwo
2976000 USD
CY2020Q3 hta Deferred Finance Costs Amortization Expense Year Three
DeferredFinanceCostsAmortizationExpenseYearThree
2480000 USD
CY2020Q3 hta Deferred Finance Costs Amortization Expense Year Four
DeferredFinanceCostsAmortizationExpenseYearFour
2086000 USD
CY2020Q3 hta Deferred Finance Costs Amortization Expense After Year Four
DeferredFinanceCostsAmortizationExpenseAfterYearFour
8376000 USD
CY2020Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
19638000 USD
CY2020Q3 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
6100000 USD
CY2020Q3 hta Derivative Liability Including Interest Excluding Adjustment For Nonperformance Risk
DerivativeLiabilityIncludingInterestExcludingAdjustmentForNonperformanceRisk
17000000.0 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-8463000 USD
us-gaap Profit Loss
ProfitLoss
21722000 USD
CY2020Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-105000 USD
CY2019Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-114000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
438000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
486000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-6827000 USD
us-gaap Net Income Loss
NetIncomeLoss
24563000 USD
CY2020Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
300000000.0 USD
CY2020Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
300000000.0 USD
CY2020Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1100000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
800000 shares
CY2020Q3 us-gaap Profit Loss
ProfitLoss
-6932000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
-8577000 USD
us-gaap Profit Loss
ProfitLoss
25001000 USD
us-gaap Net Income Loss
NetIncomeLoss
21236000 USD
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
218549000 shares
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
205277000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
217911000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
205156000 shares
CY2020Q3 hta Incremental Common Shares Attributable To Conversion Of Partnership Units
IncrementalCommonSharesAttributableToConversionOfPartnershipUnits
0 shares
CY2019Q3 hta Incremental Common Shares Attributable To Conversion Of Partnership Units
IncrementalCommonSharesAttributableToConversionOfPartnershipUnits
0 shares
hta Incremental Common Shares Attributable To Conversion Of Partnership Units
IncrementalCommonSharesAttributableToConversionOfPartnershipUnits
3610000 shares
hta Incremental Common Shares Attributable To Conversion Of Partnership Units
IncrementalCommonSharesAttributableToConversionOfPartnershipUnits
3870000 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
218549000 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
205277000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
221521000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
209026000 shares
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.03
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.11
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.10
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.03
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.11
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.10
us-gaap Interest Paid Net
InterestPaidNet
81889000 USD
us-gaap Interest Paid Net
InterestPaidNet
84155000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
1327000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
1846000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
8922000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
9277000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
13139000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
3922000 USD
CY2020Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
71072000 USD
CY2019Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
66397000 USD
us-gaap Partners Capital Account Sale Of Units
PartnersCapitalAccountSaleOfUnits
0 USD
us-gaap Partners Capital Account Sale Of Units
PartnersCapitalAccountSaleOfUnits
2603000 USD
us-gaap Stock Issued1
StockIssued1
0 USD
us-gaap Stock Issued1
StockIssued1
2000000 USD
hta Noncash Redemption Of Noncontrolling Interests
NoncashRedemptionOfNoncontrollingInterests
8685000 USD
hta Noncash Redemption Of Noncontrolling Interests
NoncashRedemptionOfNoncontrollingInterests
7263000 USD
hta Noncash Redemption Of Redeemable Noncontrolling Interests
NoncashRedemptionOfRedeemableNoncontrollingInterests
0 USD
hta Noncash Redemption Of Redeemable Noncontrolling Interests
NoncashRedemptionOfRedeemableNoncontrollingInterests
3441000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
696000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
200879000 USD

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