2023 Q3 Form 10-Q Financial Statement

#000136060423000083 Filed on August 08, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $342.3M $338.1M
YoY Change 11.72% 68.96%
Cost Of Revenue $131.6M $125.4M
YoY Change 17.01% 119.95%
Gross Profit $210.6M $212.7M
YoY Change 8.62% 140.89%
Gross Profit Margin 61.53% 62.92%
Selling, General & Admin $13.40M $15.46M
YoY Change -19.96% 46.72%
% of Gross Profit 6.36% 7.27%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $183.0M $183.2M
YoY Change 15.74% 342.03%
% of Gross Profit 86.89% 86.11%
Operating Expenses $196.5M $198.7M
YoY Change 12.38% 199.76%
Operating Profit $14.10M $14.09M
YoY Change -25.88% -36.08%
Interest Expense $66.30M -$64.76M
YoY Change 25.0% -361.55%
% of Operating Profit 470.24% -459.58%
Other Income/Expense, Net -$74.62M -$112.8M
YoY Change -183.4% -84292.54%
Pretax Income -$68.60M -$83.73M
YoY Change -339.73% -1465.84%
Income Tax
% Of Pretax Income
Net Earnings -$67.84M -$83.35M
YoY Change -339.7% -688.28%
Net Earnings / Revenue -19.82% -24.65%
Basic Earnings Per Share -$0.18 -$0.22
Diluted Earnings Per Share -$0.18 -$0.22
COMMON SHARES
Basic Shares Outstanding 380.9M shares 380.8M shares
Diluted Shares Outstanding 378.9M shares 378.9M shares

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $25.00M $35.90M
YoY Change -56.58% 4.64%
Cash & Equivalents $24.67M $35.90M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $25.00M $35.90M
YoY Change -86.03% 4.64%
LONG-TERM ASSETS
Property, Plant & Equipment $11.87B $12.23B
YoY Change -8.93% 198.77%
Goodwill $250.5M $250.5M
YoY Change 68.26%
Intangibles
YoY Change
Long-Term Investments $325.0M $327.2M
YoY Change -1.39% 426.96%
Other Assets $58.00M $151.0K
YoY Change -78.53%
Total Long-Term Assets $13.08B $13.36B
YoY Change -6.69% 97.0%
TOTAL ASSETS
Total Short-Term Assets $25.00M $35.90M
Total Long-Term Assets $13.08B $13.36B
Total Assets $13.10B $13.39B
YoY Change -7.69% 96.53%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $205.0M $196.1M
YoY Change 233.54% 132.93%
Accrued Expenses $273.0M $278.5M
YoY Change -37.73% 193.92%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $478.0M $474.6M
YoY Change -9.5% 165.22%
LONG-TERM LIABILITIES
Long-Term Debt $5.302B $5.414B
YoY Change -6.03% 154.66%
Other Long-Term Liabilities $215.0M $219.9M
YoY Change 15.75% 232.69%
Total Long-Term Liabilities $5.517B $5.634B
YoY Change -5.34% 157.01%
TOTAL LIABILITIES
Total Short-Term Liabilities $478.0M $474.6M
Total Long-Term Liabilities $5.517B $5.634B
Total Liabilities $5.995B $6.215B
YoY Change -5.69% 73.89%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $9.601B $9.599B
YoY Change 0.12% 85.13%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $7.004B $7.179B
YoY Change
Total Liabilities & Shareholders Equity $13.10B $13.39B
YoY Change -7.69% 96.53%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income -$67.84M -$83.35M
YoY Change -339.7% -688.28%
Depreciation, Depletion And Amortization $183.0M $183.2M
YoY Change 15.74% 342.03%
Cash From Operating Activities $118.2M $185.1M
YoY Change 842.73% 185.64%
INVESTING ACTIVITIES
Capital Expenditures $85.40M $53.32M
YoY Change -156.12% -118.9%
Acquisitions
YoY Change
Other Investing Activities $204.0M $5.612M
YoY Change -89.03% -83.54%
Cash From Investing Activities $118.6M -$47.71M
YoY Change -93.05% -80.76%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -248.1M -151.5M
YoY Change -85.37% -161.58%
NET CHANGE
Cash From Operating Activities 118.2M 185.1M
Cash From Investing Activities 118.6M -47.71M
Cash From Financing Activities -248.1M -151.5M
Net Change In Cash -11.30M -14.04M
YoY Change -148.56% -122.36%
FREE CASH FLOW
Cash From Operating Activities $118.2M $185.1M
Capital Expenditures $85.40M $53.32M
Free Cash Flow $32.80M $131.8M
YoY Change -80.09% -62.0%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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<div><span style="color:#000000;font-family:'Gotham Medium',sans-serif;font-size:7.75pt;font-style:italic;font-weight:700;line-height:130%">Use of Estimates in the Condensed Consolidated Financial Statements</span></div><div style="margin-bottom:6pt"><span style="color:#000000;font-family:'Century',serif;font-size:9pt;font-weight:400;line-height:140%">Preparation of the Condensed Consolidated Financial Statements in accordance with GAAP requires management to make estimates and assumptions that affect amounts reported in the Condensed Consolidated Financial Statements and accompanying notes. Actual results may differ from those estimates.</span></div>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
Reclassifications Certain reclassifications have been made on the Company's prior year Condensed Consolidated Balance Sheet to conform to current year presentation. Previously, the Company's Lease intangibles were included in Building, improvements and lease intangibles and Goodwill was included with Other assets, net. These amounts are now classified as separate line items on the Company's Condensed Consolidated Balance Sheets.
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SalesTypeLeaseInterestIncomeLeaseReceivable
2100000 usd
us-gaap Sales Type Lease Interest Income Lease Receivable
SalesTypeLeaseInterestIncomeLeaseReceivable
4200000 usd
CY2022Q2 us-gaap Sales Type Lease Interest Income Lease Receivable
SalesTypeLeaseInterestIncomeLeaseReceivable
2000000 usd
us-gaap Sales Type Lease Interest Income Lease Receivable
SalesTypeLeaseInterestIncomeLeaseReceivable
3900000 usd
CY2023Q2 hr Number Of Real Estate Notes Receivable
NumberOfRealEstateNotesReceivable
2 financing_receivable
CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest Nonaccrual
FinancingReceivableExcludingAccruedInterestNonaccrual
48900000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4230000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2738000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
8847000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5213000 usd
CY2022Q3 us-gaap Stock Issued During Period Shares Acquisitions
StockIssuedDuringPeriodSharesAcquisitions
228520990 shares
CY2022Q3 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
24.37
CY2022Q3 hr Reverse Recapitalization Net
ReverseRecapitalizationNet
5569057000 usd
hr Business Combination Fair Value Of Legacy Hta Restricted Stock Awards Attributable To Pre Merger Services
BusinessCombinationFairValueOfLegacyHTARestrictedStockAwardsAttributableToPreMergerServices
7406000 usd
us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
5576463000 usd
CY2022Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
228857717 shares
CY2022Q3 hr Business Combination Provisional Information Initial Accounting Incomplete Land
BusinessCombinationProvisionalInformationInitialAccountingIncompleteLand
18359000 usd
CY2022Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Land
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand
1004285000 usd
CY2022Q3 hr Business Combination Provisional Information Initial Accounting Incomplete Buildings And Improvements
BusinessCombinationProvisionalInformationInitialAccountingIncompleteBuildingsAndImprovements
-119135000 usd
CY2022Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Buildings
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildings
6841283000 usd
CY2022Q3 hr Business Combination Provisional Information Initial Accounting Incomplete Indefinite Lived Intangible Assets
BusinessCombinationProvisionalInformationInitialAccountingIncompleteIndefiniteLivedIntangibleAssets
1839000 usd
CY2022Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Indefinite Lived Intangible Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIndefiniteLivedIntangibleAssets
833759000 usd
CY2022Q3 hr Business Combination Provisional Information Initial Accounting Incomplete Adjustment Financing Lease Right Of Use Assets
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentFinancingLeaseRightOfUseAssets
3146000 usd
CY2022Q3 hr Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Financing Lease Right Of Use Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedFinancingLeaseRightOfUseAssets
13020000 usd
CY2022Q3 hr Business Combination Provisional Information Initial Accounting Incomplete Adjustment Construction In Progress
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentConstructionInProgress
-6744000 usd
CY2022Q3 hr Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Construction In Progress
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedConstructionInProgress
3327000 usd
CY2022Q3 hr Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Land Held For Development
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLandHeldForDevelopment
46538000 usd
CY2022Q3 hr Business Combination Provisional Information Initial Accounting Incomplete Adjustment Real Estate Investments
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentRealEstateInvestments
-102535000 usd
CY2022Q3 hr Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Real Estate Investments
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedRealEstateInvestments
8742212000 usd
CY2022Q3 hr Business Combination Provisional Information Initial Accounting Incomplete Adjustment Assets Held For Sale Net
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentAssetsHeldForSaleNet
-7946000 usd
CY2022Q3 hr Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets Held For Sale
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssetsHeldForSale
699496000 usd
CY2022Q3 hr Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Investments In Unconsolidated Joint Ventures
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedInvestmentsInUnconsolidatedJointVentures
67892000 usd
CY2022Q3 hr Business Combination Provisional Information Initial Accounting Incomplete Adjustment Cash And Cash Equivalents
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentCashAndCashEquivalents
11403000 usd
CY2022Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
37437000 usd
CY2022Q3 hr Business Combination Provisional Information Initial Accounting Incomplete Adjustment Restricted Cash
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentRestrictedCash
-1247000 usd
CY2022Q3 hr Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Restricted Cash
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedRestrictedCash
1122400000 usd
CY2022Q3 hr Business Combination Provisional Information Initial Accounting Incomplete Adjustment Operating Lease Right Of Use Assets
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentOperatingLeaseRightOfUseAssets
16370000 usd
CY2022Q3 hr Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Operating Lease Right Of Use Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOperatingLeaseRightOfUseAssets
214631000 usd
CY2022Q3 hr Business Combination Provisional Information Initial Accounting Incomplete Adjustment Other Assets Net
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentOtherAssetsNet
-3840000 usd
CY2022Q3 hr Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Other Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedOtherAssets
205323000 usd
CY2022Q3 hr Business Combination Provisional Information Initial Accounting Incomplete Adjustment Assets Acquired
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentAssetsAcquired
-87795000 usd
CY2022Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
11089391000 usd
CY2022Q3 hr Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Long Term Debt
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLongTermDebt
3991300000 usd
CY2022Q3 hr Business Combination Provisional Information Initial Accounting Incomplete Adjustment Accounts Payable And Accrued Liabilities
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentAccountsPayableAndAccruedLiabilities
17374000 usd
CY2022Q3 hr Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Accounts Payable And Accrued Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAccountsPayableAndAccruedLiabilities
1244944000 usd
CY2022Q3 hr Business Combination Provisional Information Initial Accounting Incomplete Adjustment Liabilities Of Assets Held For Sale
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentLiabilitiesOfAssetsHeldForSale
-3939000 usd
CY2022Q3 hr Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities Of Assets Held For Sale
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilitiesOfAssetsHeldForSale
24738000 usd
CY2022Q3 hr Business Combination Provisional Information Initial Accounting Incomplete Adjustment Operating Lease Liabilities
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentOperatingLeaseLiabilities
10173000 usd
CY2022Q3 hr Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Operating Lease Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOperatingLeaseLiabilities
184121000 usd
CY2022Q3 hr Business Combination Provisional Information Initial Accounting Incomplete Adjustment Financing Lease Liabilities
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentFinancingLeaseLiabilities
-855000 usd
CY2022Q3 hr Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Financing Lease Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedFinancingLeaseLiabilities
9865000 usd
CY2022Q3 hr Business Combination Provisional Information Initial Accounting Incomplete Adjustment Other Liabilities
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentOtherLiabilities
-8909000 usd
CY2022Q3 hr Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherLiabilities
194301000 usd
CY2022Q3 hr Business Combination Provisional Information Initial Accounting Incomplete Adjustment Liabilities Assumed
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentLiabilitiesAssumed
13844000 usd
CY2022Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
5649269000 usd
CY2022Q3 hr Business Combination Provisional Information Initial Accounting Incomplete Adjustment Net Identifiable Assets Acquired
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentNetIdentifiableAssetsAcquired
-101639000 usd
CY2022Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
5440122000 usd
CY2022Q3 us-gaap Business Combination Acquisition Of Less Than100 Percent Noncontrolling Interest Fair Value
BusinessCombinationAcquisitionOfLessThan100PercentNoncontrollingInterestFairValue
110702000 usd
CY2022Q3 hr Business Combination Provisional Information Initial Accounting Incomplete Adjustment Goodwill
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentGoodwill
101639000 usd
CY2022Q3 us-gaap Goodwill
Goodwill
247043000 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Remaining Amortization Period1
FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
P6Y
CY2022Q3 us-gaap Business Combination Acquired Receivables Gross Contractual Amount
BusinessCombinationAcquiredReceivablesGrossContractualAmount
15900000 usd
CY2022Q3 hr Business Combination Acquired Real Estate Notes Receivable Gross Contractual Amount
BusinessCombinationAcquiredRealEstateNotesReceivableGrossContractualAmount
78700000 usd
CY2022Q3 hr Gross Contractual Real Estate Notes Receivable Fair Value
GrossContractualRealEstateNotesReceivableFairValue
74800000 usd
CY2022Q3 us-gaap Goodwill
Goodwill
247000000 usd
CY2022Q3 us-gaap Business Acquisition Purchase Price Allocation Goodwill Expected Tax Deductible Amount
BusinessAcquisitionPurchasePriceAllocationGoodwillExpectedTaxDeductibleAmount
0 usd
CY2023Q2 hr Merger Related Costs
MergerRelatedCosts
-15700000 usd
hr Merger Related Costs
MergerRelatedCosts
-10800000 usd
CY2022 hr Business Combination Refund Of Transfer Taxes Paid
BusinessCombinationRefundOfTransferTaxesPaid
17800000 usd
CY2023Q2 hr Number Of Properties Classified As Held For Sale
NumberOfPropertiesClassifiedAsHeldForSale
3 property
hr Impairment Charge On Real Estate Assets Held For Sale
ImpairmentChargeOnRealEstateAssetsHeldForSale
3600000 usd
CY2022Q4 hr Number Of Properties Classified As Held For Sale
NumberOfPropertiesClassifiedAsHeldForSale
1 property
CY2023Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
329700000 usd
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
653800000 usd
CY2022Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
140600000 usd
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
279100000 usd
CY2023Q2 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
467393000 usd
CY2023Q2 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
861323000 usd
CY2023Q2 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
751369000 usd
CY2023Q2 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
648352000 usd
CY2023Q2 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
536874000 usd
CY2023Q2 hr Lessor Operating Lease Paymenttobe Receivedafter Year Four
LessorOperatingLeasePaymenttobeReceivedafterYearFour
1950019000 usd
CY2023Q2 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
5215330000 usd
CY2023Q2 us-gaap Number Of Properties Subject To Ground Leases
NumberOfPropertiesSubjectToGroundLeases
241 property
hr Square Feet Subjectto Ground Leases
SquareFeetSubjecttoGroundLeases
17500000 sqft
hr Numberof Ground Leases Prepaid
NumberofGroundLeasesPrepaid
75 lease
CY2023Q2 hr Amortizationof Prepaid Rent
AmortizationofPrepaidRent
300000 usd
CY2022Q2 hr Amortizationof Prepaid Rent
AmortizationofPrepaidRent
100000 usd
hr Amortizationof Prepaid Rent
AmortizationofPrepaidRent
700000 usd
hr Amortizationof Prepaid Rent
AmortizationofPrepaidRent
300000 usd
CY2023Q2 hr Numberof Ground Leases Excluding Prepaid Leases
NumberofGroundLeasesExcludingPrepaidLeases
166 lease
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
7315000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
992000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
15011000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
2182000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
14597000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
2218000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
14631000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
2255000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
14701000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
2294000 usd
CY2023Q2 hr Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
929853000 usd
CY2023Q2 hr Finance Lease Liability To Be Paid After Year Four
FinanceLeaseLiabilityToBePaidAfterYearFour
396398000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
996108000 usd
CY2023Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
406339000 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
717629000 usd
CY2023Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
332710000 usd
CY2023Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
278479000 usd
CY2023Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
73629000 usd
CY2023Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
5329000 usd
CY2022Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
1194000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
10436000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
2409000 usd
CY2023Q2 us-gaap Variable Lease Cost
VariableLeaseCost
2235000 usd
CY2022Q2 us-gaap Variable Lease Cost
VariableLeaseCost
1038000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
4371000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
2062000 usd
CY2023Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
387000 usd
CY2022Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
331000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
774000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
503000 usd
CY2023Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
923000 usd
CY2022Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
765000 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
1841000 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
1052000 usd
CY2023Q2 us-gaap Lease Cost
LeaseCost
8874000 usd
CY2022Q2 us-gaap Lease Cost
LeaseCost
3328000 usd
us-gaap Lease Cost
LeaseCost
17422000 usd
us-gaap Lease Cost
LeaseCost
6026000 usd
CY2023Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
5230000 usd
CY2022Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
1799000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
11190000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
4596000 usd
CY2023Q2 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
541000 usd
CY2022Q2 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
509000 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
1094000 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
767000 usd
CY2023Q2 hr Finance Lease Principal Only Payments
FinanceLeasePrincipalOnlyPayments
6000 usd
CY2022Q2 hr Finance Lease Principal Only Payments
FinanceLeasePrincipalOnlyPayments
0 usd
hr Finance Lease Principal Only Payments
FinanceLeasePrincipalOnlyPayments
17000 usd
hr Finance Lease Principal Only Payments
FinanceLeasePrincipalOnlyPayments
51000 usd
CY2023Q2 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 usd
CY2022Q2 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 usd
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
40589000 usd
CY2023Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P47Y3M18D
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P47Y4M24D
CY2023Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P58Y4M24D
CY2022Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P61Y8M12D
CY2023Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.058
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.056
CY2023Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.050
CY2022Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.050
CY2023Q2 us-gaap Long Term Debt
LongTermDebt
5340272000 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
5351827000 usd
CY2023Q2 hr Debt Instrument Extension Period For Maturity Date
DebtInstrumentExtensionPeriodForMaturityDate
P1Y
CY2023Q2 us-gaap Debt Instrument Fee Amount
DebtInstrumentFeeAmount
400000 usd
hr Incremental Common Shares Attributable To Dilutive Effect Of Employee Stock Purchase Plan
IncrementalCommonSharesAttributableToDilutiveEffectOfEmployeeStockPurchasePlan
0 shares
hr Incremental Common Shares Attributable To Dilutive Effect Of Employee Stock Purchase Plan
IncrementalCommonSharesAttributableToDilutiveEffectOfEmployeeStockPurchasePlan
75394 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
378896677 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
149738549 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
378860631 shares
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
-82759000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
6130000 usd
us-gaap Net Income Loss
NetIncomeLoss
-169884000 usd
CY2023Q2 us-gaap Number Of Interest Rate Derivatives Held
NumberOfInterestRateDerivativesHeld
14 derivative
CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
21523000 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
1663000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
12981000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
6822000 usd
CY2023Q2 hr Derivative Net Asset Position Aggregate Fair Value
DerivativeNetAssetPositionAggregateFairValue
15400000 usd
hr Construction Activity Total Funding Duringthe Period
ConstructionActivityTotalFundingDuringthePeriod
49000000 usd
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.62
CY2023Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
380829011 shares
CY2022Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
151620897 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
380812981 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
1932334 shares
CY2022Q2 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
1945042 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
1952350 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
378896677 shares
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
149675855 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
378860631 shares
CY2023Q2 hr Incremental Common Shares Attributable To Dilutive Effect Of Employee Stock Purchase Plan
IncrementalCommonSharesAttributableToDilutiveEffectOfEmployeeStockPurchasePlan
0 shares
CY2022Q2 hr Incremental Common Shares Attributable To Dilutive Effect Of Employee Stock Purchase Plan
IncrementalCommonSharesAttributableToDilutiveEffectOfEmployeeStockPurchasePlan
62694 shares
CY2023Q2 us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
588000 usd
CY2022Q2 us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
601000 usd
us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
1193000 usd
us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
1207000 usd
CY2023Q2 hr Net Income Lossfrom Continuing Operations Availableto Common Stockholders Basic
NetIncomeLossfromContinuingOperationsAvailabletoCommonStockholdersBasic
-83347000 usd
CY2022Q2 hr Net Income Lossfrom Continuing Operations Availableto Common Stockholders Basic
NetIncomeLossfromContinuingOperationsAvailabletoCommonStockholdersBasic
5529000 usd
hr Net Income Lossfrom Continuing Operations Availableto Common Stockholders Basic
NetIncomeLossfromContinuingOperationsAvailabletoCommonStockholdersBasic
-171077000 usd
hr Net Income Lossfrom Continuing Operations Availableto Common Stockholders Basic
NetIncomeLossfromContinuingOperationsAvailabletoCommonStockholdersBasic
47150000 usd
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.22
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.04
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.45
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.32
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.22
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.04
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.45
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.32
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P3Y
CY2023Q2 hr Employee Service Share Based Compensation Nonvested Awards Compensation Cost Not Yet Recognized Remainder Of Fiscal Year
EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedRemainderOfFiscalYear
7700000 usd
CY2023Q2 hr Employee Service Share Based Compensation Nonvested Awards Compensation Cost Not Yet Recognized Next Twelve Months
EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedNextTwelveMonths
13300000 usd
CY2023Q2 hr Employee Service Share Based Compensation Non Vested Awards Compensation Cost Not Yet Recognized Year Two
EmployeeServiceShareBasedCompensationNonVestedAwardsCompensationCostNotYetRecognizedYearTwo
10800000 usd
CY2023Q2 hr Employee Service Share Based Compensation Non Vested Awards Compensation Cost Not Yet Recognized Year Three
EmployeeServiceShareBasedCompensationNonVestedAwardsCompensationCostNotYetRecognizedYearThree
8000000.0 usd
CY2023Q2 hr Employee Service Share Based Compensation Non Vested Awards Compensation Cost Not Yet Recognized Year Four
EmployeeServiceShareBasedCompensationNonVestedAwardsCompensationCostNotYetRecognizedYearFour
2400000 usd
CY2023Q2 hr Employee Service Share Based Compensation Non Vested Awards Compensation Cost Not Yet Recognized After Year Four
EmployeeServiceShareBasedCompensationNonVestedAwardsCompensationCostNotYetRecognizedAfterYearFour
500000 usd
CY2023Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
42700000 usd
CY2023Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2023Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

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0001360604-23-000083-index.html Edgar Link pending
0001360604-23-000083.txt Edgar Link pending
0001360604-23-000083-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
hr-20230630.htm Edgar Link pending
hr-20230630.xsd Edgar Link pending
hr-2023630xex221.htm Edgar Link pending
hr-2023630xex31.htm Edgar Link pending
hr-2023630xex311.htm Edgar Link pending
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FilingSummary.xml Edgar Link unprocessable
hr-20230630_cal.xml Edgar Link unprocessable
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hr-20230630_htm.xml Edgar Link completed
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hr-20230630_def.xml Edgar Link unprocessable