2014 Q2 Form 10-Q Financial Statement

#000150370714000040 Filed on May 15, 2014

View on sec.gov

Income Statement

Concept 2014 Q2 2014 Q1 2013 Q1
Revenue $5.817M $4.447M $0.00
YoY Change 14815.38%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $892.0K $699.0K $0.00
YoY Change
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $800.0K $611.0K
YoY Change
% of Operating Profit
Other Income/Expense, Net $2.730M $3.846M $6.088K
YoY Change 17940.2% 63081.64%
Pretax Income -$249.0K -$3.438M
YoY Change -1407.36%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$546.0K -$3.438M -$6.088K
YoY Change -2966.74% 56371.75%
Net Earnings / Revenue -9.39% -77.31%
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding 26.72M shares 17.45M shares 259.4K shares
Diluted Shares Outstanding

Balance Sheet

Concept 2014 Q2 2014 Q1 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $80.57M $75.54M $2.247M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $359.8M $246.3M
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities
Total Liabilities $66.32M $67.36M
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings -$14.96M -$9.844M
YoY Change
Common Stock $307.3M $187.7M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $292.4M $177.8M
YoY Change
Total Liabilities & Shareholders Equity $359.8M $246.3M
YoY Change

Cashflow Statement

Concept 2014 Q2 2014 Q1 2013 Q1
OPERATING ACTIVITIES
Net Income -$546.0K -$3.438M -$6.088K
YoY Change -2966.74% 56371.75%
Depreciation, Depletion And Amortization $892.0K $699.0K $0.00
YoY Change
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$1.046M $0.00
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$89.59M $45.00K
YoY Change -199177.78%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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CY2013Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
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CY2013Q4 us-gaap Common Stock Value
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CY2013Q1 us-gaap Comprehensive Income Net Of Tax
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CY2014Q1 us-gaap Comprehensive Income Net Of Tax
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CY2014Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2014Q1 us-gaap Cost Of Real Estate Revenue
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CY2014Q1 us-gaap Costs And Expenses
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CY2013Q1 us-gaap Costs And Expenses
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CY2014Q1 us-gaap Costs Of Real Estate Services And Land Sales
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CY2013Q4 us-gaap Debt Instrument Carrying Amount
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CY2013Q1 us-gaap Depreciation Depletion And Amortization
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CY2014Q1 us-gaap Dividends Common Stock
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CY2014Q1 us-gaap Dividends Common Stock
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CY2014Q1 us-gaap Dividends Common Stock Cash
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CY2014Q1 us-gaap Dividends Common Stock Cash
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CY2014Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
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CY2014Q1 us-gaap Dividends Common Stock Cash
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CY2014Q1 us-gaap Dividends Common Stock Stock
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CY2014Q1 us-gaap Dividends Common Stock Stock
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CY2014Q1 us-gaap Due To Related Parties Current And Noncurrent
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CY2014Q1 us-gaap Health Care Organization Resident Service Revenue
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CY2014Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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1970333 USD
CY2013Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2014Q1 us-gaap Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance
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266129 USD
CY2013Q1 us-gaap Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance
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CY2014Q1 us-gaap Increase Decrease In Due To Related Parties
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CY2013Q1 us-gaap Increase Decrease In Other Operating Assets
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CY2014Q1 us-gaap Increase Decrease In Other Operating Assets
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CY2014Q1 us-gaap Increase Decrease In Other Operating Liabilities
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CY2013Q1 us-gaap Increase Decrease In Other Operating Liabilities
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0 USD
CY2013Q1 us-gaap Increase Decrease In Receivables
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0 USD
CY2014Q1 us-gaap Increase Decrease In Receivables
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CY2013Q1 us-gaap Increase Decrease In Restricted Cash
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CY2014Q1 us-gaap Increase Decrease In Restricted Cash
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CY2014Q1 us-gaap Increase Decrease In Restricted Cash For Operating Activities
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1998781 USD
CY2013Q1 us-gaap Increase Decrease In Restricted Cash For Operating Activities
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0 USD
CY2013Q1 us-gaap Increase Decrease In Unbilled Receivables
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0 USD
CY2014Q1 us-gaap Increase Decrease In Unbilled Receivables
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CY2014Q1 us-gaap Interest Expense
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CY2013Q1 us-gaap Interest Income Operating
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CY2014Q1 us-gaap Interest Income Operating
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CY2014Q1 us-gaap Investment Building And Building Improvements
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CY2014Q1 us-gaap Land
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CY2014Q1 us-gaap Line Of Credit Facility Current Borrowing Capacity
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CY2014Q1 us-gaap Line Of Credit Facility Current Borrowing Capacity
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CY2014Q1 us-gaap Line Of Credit Facility Current Borrowing Capacity
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CY2014Q1 us-gaap Long Term Debt
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CY2014Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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CY2014Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
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CY2014Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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CY2014Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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CY2014Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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CY2013Q4 us-gaap Minority Interest
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CY2014Q1 us-gaap Minority Interest
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CY2014Q1 us-gaap Minority Interest Ownership Percentage By Parent
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0.999
CY2014Q1 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
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25887000 USD
CY2013Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
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11250000 USD
CY2013Q4 us-gaap Mortgage Loans On Real Estate Face Amount Of Mortgages
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CY2014Q1 us-gaap Mortgage Loans On Real Estate Interest Rate
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1
CY2012 us-gaap Mortgage Loans On Real Estate Interest Rate
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1
CY2013 us-gaap Mortgage Loans On Real Estate Number Of Loans
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1 unit
CY2014Q1 us-gaap Mortgage Loans On Real Estate Number Of Loans
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2 unit
CY2014Q1 us-gaap Nature Of Operations
NatureOfOperations
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Business and Organization</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">NorthStar Healthcare Income, Inc. (the &#8220;Company&#8221;) was formed in October 2010 as a Maryland corporation. The Company was formed primarily to acquire, originate and asset manage a diversified portfolio of equity, debt and securities investments in healthcare real estate, with a focus on the mid-acuity senior housing sector, which the Company defines as assisted living, memory care, skilled nursing and independent living facilities that may have an emphasis on private pay patients. The Company may also acquire and originate equity and debt investments in facilities that may rely on public pay patients and other healthcare property types, including medical office buildings and rehabilitation facilities. In addition, the Company may acquire healthcare-related securities. The Company elected to qualify as a real estate investment trust (&#8220;REIT&#8221;) beginning with the taxable year ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2013</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company is externally managed by NorthStar Healthcare Income Advisor, LLC (the &#8220;Advisor&#8221;) and has </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">no</font><font style="font-family:inherit;font-size:10pt;"> employees. The Advisor uses the investment professionals of NorthStar Realty Finance Corp. (the &#8220;Sponsor&#8221;) to manage the business. The Advisor is currently a subsidiary of the Sponsor. The Sponsor is a diversified commercial real estate investment and asset management company publicly traded on the New York Stock Exchange (the &#8220;NYSE&#8221;) and was formed in October 2003.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On December 10, 2013, the Sponsor announced that its board of directors unanimously approved a plan to spin-off its asset management business into a separate publicly-traded company, NorthStar Asset Management Group Inc. (&#8220;NSAM&#8221;) in the form of a tax-free distribution. On February 5, 2014, NSAM filed a registration statement on Form 10 with the Securities and Exchange Commission (the &#8220;SEC&#8221;) to register shares of NSAM&#8217;s common stock. The spin-off is expected to be completed in the second quarter of 2014 and the Sponsor expects shares of NSAM common stock to be listed on the NYSE. Following the completion of the spin-off of NSAM, the Advisor will be a subsidiary of NSAM. The Company expects this transaction to have no impact on its operations.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Substantially all business is conducted through NorthStar Healthcare Income Operating Partnership, LP (the &#8220;Operating Partnership&#8221;). The Company is the sole general partner of the Operating Partnership. The initial limited partners of the Operating Partnership are the Advisor and NorthStar Healthcare Income OP Holdings, LLC (the &#8220;Special Unit Holder&#8221;). The Advisor invested </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$1,000</font><font style="font-family:inherit;font-size:10pt;"> in the Operating Partnership in exchange for common units and the Special Unit Holder invested </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$1,000</font><font style="font-family:inherit;font-size:10pt;"> in the Operating Partnership and has been issued a separate class of limited partnership units (the &#8220;Special Units&#8221;), which are collectively recorded as non-controlling interests on the consolidated balance sheets as of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2014</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2013</font><font style="font-family:inherit;font-size:10pt;">. As the Company accepts subscriptions for shares, it contributes substantially all of the net proceeds from its continuous, public offering to the Operating Partnership as a capital contribution. As of </font><font style="font-family:inherit;font-size:10pt;">March&#160;31, 2014</font><font style="font-family:inherit;font-size:10pt;">, the Company&#8217;s limited partnership interest in the Operating Partnership was </font><font style="font-family:inherit;font-size:10pt;">99.9%</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s charter authorizes the issuance of up to </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">400,000,000</font><font style="font-family:inherit;font-size:10pt;"> shares of common stock with a par value of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$0.01</font><font style="font-family:inherit;font-size:10pt;"> per share and up to </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">50,000,000</font><font style="font-family:inherit;font-size:10pt;"> shares of preferred stock with a par value of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$0.01</font><font style="font-family:inherit;font-size:10pt;"> per share. The board of directors of the Company is authorized to amend its charter, without the approval of the stockholders, to increase the aggregate number of authorized shares of capital stock or the number of shares of any class or series that the Company has authority to issue.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On October 12, 2010, as part of its formation, the Company issued </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">22,223</font><font style="font-family:inherit;font-size:10pt;"> shares of common stock to the Sponsor for </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$0.2 million</font><font style="font-family:inherit;font-size:10pt;"> (the &#8220;Initial Shares&#8221;). On August 7, 2012, the Company&#8217;s registration statement on Form S-11 with the SEC to offer a maximum of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">110,526,315</font><font style="font-family:inherit;font-size:10pt;"> shares of common stock, excluding the Initial Shares, in a continuous, public offering, of which up to </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">100,000,000</font><font style="font-family:inherit;font-size:10pt;"> shares are being offered pursuant to the primary offering (the &#8220;Primary Offering&#8221;) and up to </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">10,526,315</font><font style="font-family:inherit;font-size:10pt;"> shares are being offered pursuant to the distribution reinvestment plan (the &#8220;DRP&#8221;), which are herein collectively referred to as the Offering, was declared effective. At that time, the Company retained NorthStar Realty Securities, LLC (the &#8220;Dealer Manager&#8221;), a subsidiary of the Sponsor that will be a subsidiary of NSAM following the completion of the spin-off, to serve as the dealer manager for the Primary Offering. The Dealer Manager is responsible for marketing the shares being offered pursuant to the Primary Offering. The board of directors of the Company has the right to reallocate shares between the Primary Offering and the DRP.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On February 11, 2013, the Company commenced operations by satisfying the minimum offering requirement in its Primary Offering as a result of the Sponsor purchasing an additional </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">222,223</font><font style="font-family:inherit;font-size:10pt;"> shares of common stock for </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$2.0 million</font><font style="font-family:inherit;font-size:10pt;">. In April 2014, the Company&#8217;s board of directors determined to extend the Offering for one year to August 7, 2015. From inception through </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">May&#160;13, 2014</font><font style="font-family:inherit;font-size:10pt;">, the Company raised total gross proceeds of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$265.9 million</font><font style="font-family:inherit;font-size:10pt;">, excluding the proceeds from the Initial Shares.</font></div></div>
CY2014Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
129215760 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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2045007 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
0 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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CY2014Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-2965019 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
0 USD
CY2013Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-5 USD
CY2014Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-27881 USD
CY2013Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-6083 USD
CY2014Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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CY2014Q1 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
917109 USD
CY2013 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
210077 USD
CY2013Q4 us-gaap Notes Payable
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18282328 USD
CY2014Q1 us-gaap Number Of Units In Real Estate Property
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OtherAssets
340825 USD
CY2013Q4 us-gaap Other Assets
OtherAssets
1124698 USD
CY2013Q1 us-gaap Other Expenses
OtherExpenses
6088 USD
CY2014Q1 us-gaap Other Expenses
OtherExpenses
3846498 USD
CY2013Q4 us-gaap Other Liabilities
OtherLiabilities
263750 USD
CY2014Q1 us-gaap Other Liabilities
OtherLiabilities
134279 USD
CY2013Q1 us-gaap Payments For Proceeds From Other Investing Activities
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0 USD
CY2014Q1 us-gaap Payments For Proceeds From Other Investing Activities
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CY2013Q1 us-gaap Payments Of Dividends Common Stock
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0 USD
CY2014Q1 us-gaap Payments Of Dividends Common Stock
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CY2013Q1 us-gaap Payments Of Financing Costs
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CY2014Q1 us-gaap Payments Of Financing Costs
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CY2013Q1 us-gaap Payments To Acquire Real Estate
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CY2014Q1 us-gaap Payments To Acquire Real Estate
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CY2013Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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CY2014Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.01
CY2013Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
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CY2014Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
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CY2013Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
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CY2014Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
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CY2013Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
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CY2014Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
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CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
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CY2014Q1 us-gaap Preferred Stock Value
PreferredStockValue
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CY2014Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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CY2013Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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CY2013Q1 us-gaap Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
0 USD
CY2014Q1 us-gaap Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
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CY2014Q1 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
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CY2013Q1 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 USD
CY2014Q1 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
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CY2013Q1 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
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CY2013Q1 us-gaap Proceeds From Repayments Of Restricted Cash Financing Activities
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0 USD
CY2014Q1 us-gaap Proceeds From Repayments Of Restricted Cash Financing Activities
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
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CY2014Q1 us-gaap Profit Loss
ProfitLoss
-3437546 USD
CY2013Q1 us-gaap Profit Loss
ProfitLoss
-6088 USD
CY2013 us-gaap Profit Loss
ProfitLoss
-2569904 USD
CY2014Q1 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
829403 USD
CY2014Q1 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
137154718 USD
CY2014Q1 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
136325315 USD
CY2013Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
53968827 USD
CY2014Q1 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
1031792 USD
CY2013Q1 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 USD
CY2014Q1 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
47034 USD
CY2013Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
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CY2014Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
3970252 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-3872150 USD
CY2014Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
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CY2013Q1 us-gaap Revenues
Revenues
0 USD
CY2014Q1 us-gaap Revenues
Revenues
4447298 USD
CY2013 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
337200 USD
CY2014Q1 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
1099149 USD
CY2014Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
89401502 USD
CY2013 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
96596036 USD
CY2013 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
32367 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
93495897 USD
CY2014Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
178926685 USD
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
202007 USD
CY2013Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
93495897 USD
CY2014Q1 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
12656 USD
CY2014Q1 us-gaap Stockholders Equity
StockholdersEquity
177835020 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
93293460 USD
CY2014Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Estimates</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that could affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could materially differ from those estimates and assumptions.</font></div></div>
CY2014Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
15550724 shares
CY2013Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
151656 shares
CY2013Q1 nshi Accrued Cost Of Capital
AccruedCostOfCapital
29213 USD
CY2014Q1 nshi Accrued Cost Of Capital
AccruedCostOfCapital
713828 USD
CY2014Q1 nshi Acquisition Feeand Expense Cap
AcquisitionFeeandExpenseCap
0.06
CY2014Q1 nshi Annual Distribution Rate
AnnualDistributionRate
0.0675
CY2014Q1 nshi Business Combination Recognized Identifiable Assets Acquired Equityand Liabilities Assumed
BusinessCombinationRecognizedIdentifiableAssetsAcquiredEquityandLiabilitiesAssumed
141177832 USD
CY2014Q1 nshi Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Equity
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedEquity
79800952 USD
CY2014Q1 nshi Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Equity Controlling Interest
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedEquityControllingInterest
78677068 USD
CY2014Q1 nshi Common Stock Dividend Declared Based On Daily Amount Per Share
CommonStockDividendDeclaredBasedOnDailyAmountPerShare
0.00184932
CY2014Q1 nshi Gross Subscriptions Receivable
GrossSubscriptionsReceivable
1360002 USD
CY2013Q1 nshi Gross Subscriptions Receivable
GrossSubscriptionsReceivable
0 USD
CY2014Q1 nshi Impaired Real Estate Debt Investments
ImpairedRealEstateDebtInvestments
0 USD
CY2013Q1 nshi Increase Decreasein Escrow Payable
IncreaseDecreaseinEscrowPayable
0 USD
CY2014Q1 nshi Increase Decreasein Escrow Payable
IncreaseDecreaseinEscrowPayable
857487 USD
CY2013Q4 nshi Lineof Credit Facility Durationof Extension Option
LineofCreditFacilityDurationofExtensionOption
P1Y
CY2014Q1 nshi Mortgage Loans On Real Estate Current Yield Percentage
MortgageLoansOnRealEstateCurrentYieldPercentage
0.082
CY2013Q4 nshi Mortgage Loans On Real Estate Current Yield Percentage
MortgageLoansOnRealEstateCurrentYieldPercentage
0.081
CY2014Q1 nshi Mortgage Loans On Real Estate Weighted Average Period Of Contractual Maturity Including Extensions
MortgageLoansOnRealEstateWeightedAveragePeriodOfContractualMaturityIncludingExtensions
P4Y5M
CY2014Q1 nshi Number Of Days Past Due For Suspension Of Income Recognition
NumberOfDaysPastDueForSuspensionOfIncomeRecognition
P90D
CY2014Q1 nshi Numberof Days Past Contractual Debt Service Payments Loan Categorizedasa Weaker Credit Quality Debt Investment
NumberofDaysPastContractualDebtServicePaymentsLoanCategorizedasaWeakerCreditQualityDebtInvestment
P90D
CY2014Q1 nshi Numberof Real Estate Equity Investments
NumberofRealEstateEquityInvestments
9 property
CY2013Q1 nshi Payments For Acquisition Of Real Estate Debt Investments
PaymentsForAcquisitionOfRealEstateDebtInvestments
0 USD
CY2014Q1 nshi Payments For Acquisition Of Real Estate Debt Investments
PaymentsForAcquisitionOfRealEstateDebtInvestments
14637000 USD
CY2014Q1 nshi Percentof Intereset Income Contributedby Investment
PercentofInteresetIncomeContributedbyInvestment
0.10
CY2014Q1 nshi Percentof Real Estate Equity Investmentby Property Type
PercentofRealEstateEquityInvestmentbyPropertyType
1
CY2014Q1 nshi Proceeds From Issuance Of Common Stock Related Party
ProceedsFromIssuanceOfCommonStockRelatedParty
0 USD
CY2013Q1 nshi Proceeds From Issuance Of Common Stock Related Party
ProceedsFromIssuanceOfCommonStockRelatedParty
2000007 USD
CY2014Q1 nshi Real Estate Equity Investment Property Net
RealEstateEquityInvestmentPropertyNet
141177832 USD
CY2014Q1 nshi Share Repurchase Program Holding Period Of Shares Required For Repurchase
ShareRepurchaseProgramHoldingPeriodOfSharesRequiredForRepurchase
P1Y
CY2014Q1 dei Amendment Flag
AmendmentFlag
false
CY2014Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2014Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2014Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014Q1 dei Document Period End Date
DocumentPeriodEndDate
2014-03-31
CY2014Q1 dei Document Type
DocumentType
10-Q
CY2014Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001503707
CY2014Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
26715387 shares
CY2014Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2014Q1 dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
CY2014Q1 dei Entity Number Of Employees
EntityNumberOfEmployees
0 employee
CY2014Q1 dei Entity Registrant Name
EntityRegistrantName
NorthStar Healthcare Income, Inc.

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