2015 Q1 Form 10-K Financial Statement

#000156103215000008 Filed on April 15, 2015

View on sec.gov

Income Statement

Concept 2015 Q1 2014 Q4 2014 Q3
Revenue $57.12M $42.37M $11.82M
YoY Change 4018.31% 3622.76% 1712.58%
Cost Of Revenue
YoY Change
Gross Profit $29.64M $7.616M
YoY Change 2612.17% 1250.35%
Gross Profit Margin 51.9% 64.44%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $29.45M
YoY Change 3336.17%
% of Gross Profit 99.34%
Operating Expenses $61.52M $30.70M
YoY Change 3027.76% 2820.84%
Operating Profit -$4.402M -$18.88M
YoY Change 658.97% 4631.83%
Interest Expense $1.373M $1.418M
YoY Change 45666.67%
% of Operating Profit
Other Income/Expense, Net -$814.0K -$1.143M
YoY Change 40600.0%
Pretax Income -$5.216M -$20.02M
YoY Change 796.22%
Income Tax $29.00K $0.00
% Of Pretax Income
Net Earnings -$5.220M -$12.93M -$20.02M
YoY Change 796.91% -3890.62% 4918.3%
Net Earnings / Revenue -9.14% -30.51% -169.43%
Basic Earnings Per Share -$0.16 -$0.28
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding 84.53M shares 83.38M shares 71.81M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2015 Q1 2014 Q4 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $98.66M $182.6M $766.1M
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 $167.7M
YoY Change 2592.57%
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 $1.876B $1.858B $1.811B
YoY Change 289.36% 1059.58% 2139.21%
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 $166.8M $125.5M $96.95M
YoY Change 3254.28% 6002.72% 8026.57%
SHAREHOLDERS EQUITY
Retained Earnings -$170.0M -$129.4M -$80.71M
YoY Change 1554.93% 3236.93% 4349.5%
Common Stock $845.0K $837.0K $814.0K
YoY Change 278.92% 1016.0% 2042.11%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares 20.63K shares
Shareholders Equity $1.699B $1.722B $1.714B
YoY Change
Total Liabilities & Shareholders Equity $1.876B $1.858B $1.811B
YoY Change 289.36% 1059.58% 2139.21%

Cashflow Statement

Concept 2015 Q1 2014 Q4 2014 Q3
OPERATING ACTIVITIES
Net Income -$5.220M -$12.93M -$20.02M
YoY Change 796.91% -3890.62% 4918.3%
Depreciation, Depletion And Amortization $29.45M
YoY Change 3336.17%
Cash From Operating Activities $24.53M
YoY Change 1785.55%
INVESTING ACTIVITIES
Capital Expenditures $1.088M
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$89.51M
YoY Change 334.8%
FINANCING ACTIVITIES
Cash Dividend Paid $16.01M
YoY Change 731.64%
Common Stock Issuance & Retirement, Net $1.286M
YoY Change -100.36%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$18.98M
YoY Change -106.05%
NET CHANGE
Cash From Operating Activities $24.53M
Cash From Investing Activities -$89.51M
Cash From Financing Activities -$18.98M
Net Change In Cash -$83.96M
YoY Change -128.51%
FREE CASH FLOW
Cash From Operating Activities $24.53M
Capital Expenditures $1.088M
Free Cash Flow $23.44M
YoY Change 1701.92%

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1732177000 USD
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
0 USD
CY2012Q4 us-gaap Tenant Reimbursements
TenantReimbursements
0 USD
CY2013 us-gaap Tenant Reimbursements
TenantReimbursements
266000 USD
CY2014 us-gaap Tenant Reimbursements
TenantReimbursements
3585000 USD
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
25.00
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
24.42
CY2014 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
24.41
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1600 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
74031 shares
CY2014 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
72431 shares
CY2012Q4 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
0 USD
CY2013 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
0 USD
CY2014 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
463000 USD
CY2013Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8888 shares
CY2013Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
379911 shares
CY2013Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
2559022 shares
CY2013Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
5624600 shares
CY2012Q4 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
8888 shares
CY2013 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
2148297 shares
CY2014 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
51234729 shares
CY2013Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8888 shares
CY2013Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
379911 shares
CY2013Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2559022 shares
CY2013Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5579635 shares
CY2014Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13623545 shares
CY2014Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35127969 shares
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
71813126 shares
CY2014Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
83381570 shares
CY2014 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain prior year amounts within real estate investments, at cost, general and administrative and income tax expense have been reclassified to conform with the current year presentation.</font></div></div>
CY2014 us-gaap Revenue Recognition Leases
RevenueRecognitionLeases
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Revenue Recognition</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's rental income is primarily related to rent received from tenants in MOBs and other healthcare-related facilities and residents in seniors housing communities. Rent from tenants in the Company's three operating segments, excluding seniors housing communities under the REIT Investment Diversification and Empowerment Act ("RIDEA") structure, are recorded in accordance with the terms of each lease on a straight-line basis over the initial term of the lease. Because many of the leases provide for rental increases at specified intervals, GAAP requires the Company to record a receivable, and include in revenues on a straight-line basis, unbilled rent receivables that the Company will only receive if the tenant makes all rent payments required through the expiration of the initial term of the lease. When the Company acquires a property, the terms of existing leases are considered to commence as of the acquisition date for the purposes of this calculation. Rental income from residents in our seniors housing communities are recognized as earned. Residents pay monthly rent that covers occupancy of their unit and basic services, including utilities, meals and some housekeeping services. The terms of the rent are short term in nature, primarily month-to-month. The Company defers the revenue related to lease payments received from tenants and residents in advance of their due dates. </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cost recoveries from tenants are included in operating expense reimbursement in the period the related costs are incurred, as applicable. </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Resident services and fee income relates to ancillary services performed for residents in the Company's seniors housing communities. Fees for ancillary services are recorded in the period in which the services are performed. </font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company continually reviews receivables related to rent and unbilled rent receivables and determines collectability by taking into consideration the tenant's payment history, the financial condition of the tenant, business conditions in the industry in which the tenant operates and economic conditions in the area in which the property is located. In the event that the collectability of a receivable is in doubt, the Company records an increase in the allowance for uncollectible accounts or records a direct write-off of the receivable in the consolidated statements of operations. </font></div></div>
CY2014 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Management makes significant estimates regarding revenue recognition, purchase price allocations to record investments in real estate, real estate taxes and fair value measurements, as applicable.</font></div></div>
CY2012Q4 arct Accretion Of Below Market Lease Liabilities And Amortization Of Above Market Lease Assets Net
AccretionOfBelowMarketLeaseLiabilitiesAndAmortizationOfAboveMarketLeaseAssetsNet
0 USD
CY2013 arct Accretion Of Below Market Lease Liabilities And Amortization Of Above Market Lease Assets Net
AccretionOfBelowMarketLeaseLiabilitiesAndAmortizationOfAboveMarketLeaseAssetsNet
13000 USD
CY2014 arct Accretion Of Below Market Lease Liabilities And Amortization Of Above Market Lease Assets Net
AccretionOfBelowMarketLeaseLiabilitiesAndAmortizationOfAboveMarketLeaseAssetsNet
638000 USD
CY2013Q4 arct Buildings Fixturesand Improvements
BuildingsFixturesandImprovements
35996000 USD
CY2014Q4 arct Buildings Fixturesand Improvements
BuildingsFixturesandImprovements
1362387000 USD
CY2013 arct Business Acquisition Cost Of Acquired Entity Cash Paid In Period
BusinessAcquisitionCostOfAcquiredEntityCashPaidInPeriod
46134000 USD
CY2014 arct Business Acquisition Cost Of Acquired Entity Cash Paid In Period
BusinessAcquisitionCostOfAcquiredEntityCashPaidInPeriod
1506862000 USD
CY2013 arct Business Combination Assetsand Liabilities Assumed Mortgage Proceeds
BusinessCombinationAssetsandLiabilitiesAssumedMortgageProceeds
0 USD
CY2014 arct Business Combination Assetsand Liabilities Assumed Mortgage Proceeds
BusinessCombinationAssetsandLiabilitiesAssumedMortgageProceeds
66321000 USD
CY2013 arct Business Combination Premiumon Mortgage Assumed
BusinessCombinationPremiumonMortgageAssumed
0 USD
CY2014 arct Business Combination Premiumon Mortgage Assumed
BusinessCombinationPremiumonMortgageAssumed
3533000 USD
CY2014 arct Business Combination Recognized Identifiable Assets Acquired Tenant Security Deposits Assumed
BusinessCombinationRecognizedIdentifiableAssetsAcquiredTenantSecurityDepositsAssumed
4200000 USD
CY2013 arct Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Assets Acquiredin Period Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAssetsAcquiredinPeriodNet
46225000 USD
CY2014 arct Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Assets Acquiredin Period Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedAssetsAcquiredinPeriodNet
1595904000 USD
CY2013 arct Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Below Market Leases Acquired
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedBelowMarketLeasesAcquired
61000 USD
CY2014 arct Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Below Market Leases Acquired
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedBelowMarketLeasesAcquired
19837000 USD
CY2014 arct Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Capital Lease Obligation Assumed
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedCapitalLeaseObligationAssumed
4800000 USD
CY2013 arct Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Land Acquiredin Period
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedLandAcquiredinPeriod
3782000 USD
CY2014 arct Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Land Acquiredin Period
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedLandAcquiredinPeriod
109679000 USD
CY2013 arct Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Other Liabilities Assumedin Period
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedOtherLiabilitiesAssumedinPeriod
91000 USD
CY2014 arct Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Other Liabilities Assumedin Period
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedOtherLiabilitiesAssumedinPeriod
9040000 USD
CY2013 arct Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Property Furnitureand Fixtures Acquired In Period
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedPropertyFurnitureandFixturesAcquiredInPeriod
35996000 USD
CY2014 arct Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Property Furnitureand Fixtures Acquired In Period
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedPropertyFurnitureandFixturesAcquiredInPeriod
1325721000 USD
CY2013 arct Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Tangible Assets Acquired During Period
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedTangibleAssetsAcquiredDuringPeriod
39778000 USD
CY2014 arct Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Tangible Assets Acquired During Period
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedTangibleAssetsAcquiredDuringPeriod
1435400000 USD
CY2013Q2 arct Common Stock Dividends Annual Percentage
CommonStockDividendsAnnualPercentage
0.068
CY2013Q2 arct Common Stock Dividends Per Share Per Day Declared
CommonStockDividendsPerSharePerDayDeclared
0.0046575343
CY2014 arct Contributions From Non Controlling Interest Holders
ContributionsFromNonControllingInterestHolders
10148000 USD
CY2013 arct Noncashor Part Noncash Mortgage Notes Payable Secured In Connection With The Acquisition Of Real Estate
NoncashorPartNoncashMortgageNotesPayableSecuredInConnectionWithTheAcquisitionOfRealEstate
0 USD
CY2013 arct Distribution Amount Per Share Returnof Capital
DistributionAmountPerShareReturnofCapital
1.66
CY2014 arct Distribution Amount Per Share Returnof Capital
DistributionAmountPerShareReturnofCapital
1.59
CY2013 arct Distribution Amount Percentage Returnof Capital
DistributionAmountPercentageReturnofCapital
0.977
CY2014 arct Distribution Amount Percentage Returnof Capital
DistributionAmountPercentageReturnofCapital
0.937
CY2014Q4 arct Finite Lived Intangible Assetsand Liabilities Accumulated Amortization
FiniteLivedIntangibleAssetsandLiabilitiesAccumulatedAmortization
19200000 USD
CY2012Q4 arct Noncashor Part Noncash Acquisition Liabilities Assumedin Real Estate Acquisition
NoncashorPartNoncashAcquisitionLiabilitiesAssumedinRealEstateAcquisition
0 USD
CY2013 arct Noncashor Part Noncash Acquisition Liabilities Assumedin Real Estate Acquisition
NoncashorPartNoncashAcquisitionLiabilitiesAssumedinRealEstateAcquisition
91000 USD
CY2014 arct Noncashor Part Noncash Acquisition Liabilities Assumedin Real Estate Acquisition
NoncashorPartNoncashAcquisitionLiabilitiesAssumedinRealEstateAcquisition
9040000 USD
CY2012Q4 arct Noncashor Part Noncash Mortgage Notes Payable Secured In Connection With The Acquisition Of Real Estate
NoncashorPartNoncashMortgageNotesPayableSecuredInConnectionWithTheAcquisitionOfRealEstate
0 USD
CY2014 arct Noncashor Part Noncash Mortgage Notes Payable Secured In Connection With The Acquisition Of Real Estate
NoncashorPartNoncashMortgageNotesPayableSecuredInConnectionWithTheAcquisitionOfRealEstate
66321000 USD
CY2012Q4 arct Noncashor Part Noncash Premiumson Assumed Mortgages
NoncashorPartNoncashPremiumsonAssumedMortgages
0 USD
CY2013 arct Noncashor Part Noncash Premiumson Assumed Mortgages
NoncashorPartNoncashPremiumsonAssumedMortgages
0 USD
CY2014 arct Noncashor Part Noncash Premiumson Assumed Mortgages
NoncashorPartNoncashPremiumsonAssumedMortgages
3533000 USD
CY2012Q4 arct Noncashor Part Noncash Receivables Recordedfor Issuanceof Common Stock
NoncashorPartNoncashReceivablesRecordedforIssuanceofCommonStock
0 USD
CY2013 arct Noncashor Part Noncash Receivables Recordedfor Issuanceof Common Stock
NoncashorPartNoncashReceivablesRecordedforIssuanceofCommonStock
1286000 USD
CY2014 arct Noncashor Part Noncash Receivables Recordedfor Issuanceof Common Stock
NoncashorPartNoncashReceivablesRecordedforIssuanceofCommonStock
6000 USD
CY2014Q4 arct Numberof Senior Housing Communities
NumberofSeniorHousingCommunities
30 community
arct Numberof Share Repurchase Requests
NumberofShareRepurchaseRequests
2 request
arct Numberof Share Repurchase Requests
NumberofShareRepurchaseRequests
57 request
CY2014 arct Numberof Share Repurchase Requests
NumberofShareRepurchaseRequests
55 request
CY2014 arct Numberof Unfulfilled Repurchase Requests
NumberofUnfulfilledRepurchaseRequests
34 request
CY2012Q4 arct Op Units Issuedto Acquire Real Estate Investment
OPUnitsIssuedtoAcquireRealEstateInvestment
0 USD
CY2013 arct Op Units Issuedto Acquire Real Estate Investment
OPUnitsIssuedtoAcquireRealEstateInvestment
0 USD
CY2014 arct Op Units Issuedto Acquire Real Estate Investment
OPUnitsIssuedtoAcquireRealEstateInvestment
10148000 USD
CY2012Q4 arct Offering Costsin Accounts Payableand Accrued Expenses
OfferingCostsinAccountsPayableandAccruedExpenses
206000 USD
CY2013 arct Offering Costsin Accounts Payableand Accrued Expenses
OfferingCostsinAccountsPayableandAccruedExpenses
489000 USD
CY2014 arct Offering Costsin Accounts Payableand Accrued Expenses
OfferingCostsinAccountsPayableandAccruedExpenses
631000 USD
CY2014Q4 arct Real Estate Investment Aggregate Purchase Price
RealEstateInvestmentAggregatePurchasePrice
1639838000 USD
CY2014Q4 arct Real Estate Investment At Cost Relatingto Notes Payable
RealEstateInvestmentAtCostRelatingtoNotesPayable
122400000 USD
CY2013 arct Real Estate Investment Property At Cost Acquisitions
RealEstateInvestmentPropertyAtCostAcquisitions
39778000 USD
CY2014 arct Real Estate Investment Property At Cost Acquisitions
RealEstateInvestmentPropertyAtCostAcquisitions
1436070000 USD
CY2014Q4 arct Real Estate Investments Acquired Intangible Assets Total
RealEstateInvestmentsAcquiredIntangibleAssetsTotal
186800000 USD
CY2012Q4 arct Reclassification Of Deferred Offering Costs
ReclassificationOfDeferredOfferingCosts
0 USD
CY2013 arct Reclassification Of Deferred Offering Costs
ReclassificationOfDeferredOfferingCosts
807000 USD
CY2014 arct Reclassification Of Deferred Offering Costs
ReclassificationOfDeferredOfferingCosts
0 USD
CY2013 arct Returnof Capital Per Share Ordinary Dividend
ReturnofCapitalPerShareOrdinaryDividend
0.04
CY2014 arct Returnof Capital Per Share Ordinary Dividend
ReturnofCapitalPerShareOrdinaryDividend
0.11
CY2013 arct Returnof Capital Percentage Ordinary Dividend
ReturnofCapitalPercentageOrdinaryDividend
0.023
CY2014 arct Returnof Capital Percentage Ordinary Dividend
ReturnofCapitalPercentageOrdinaryDividend
0.063
CY2014Q4 arct Share Price Equity Instruments Netof Selling Commissionsand Dealer Fees
SharePriceEquityInstrumentsNetofSellingCommissionsandDealerFees
22.50
CY2014Q3 arct Share Reallocated Under Drip
ShareReallocatedUnderDRIP
13900000 shares
CY2013Q1 arct Stock Available For Issuance Value Initial Public Offering
StockAvailableForIssuanceValueInitialPublicOffering
1700000000.0 USD
CY2014Q4 arct Stock Repurchase Program Annual Authorized Amount As Percentage Of Weighted Average Shares Outstanding At End Of Prior Year
StockRepurchaseProgramAnnualAuthorizedAmountAsPercentageOfWeightedAverageSharesOutstandingAtEndOfPriorYear
0.05
CY2012Q4 arct Unfulfilled Repurchase Requests
UnfulfilledRepurchaseRequests
0 USD
CY2013 arct Unfulfilled Repurchase Requests
UnfulfilledRepurchaseRequests
40000 USD
CY2014 arct Unfulfilled Treasury Stock Acquired Average Cost Per Share
UnfulfilledTreasuryStockAcquiredAverageCostPerShare
24.20
CY2014 dei Amendment Flag
AmendmentFlag
false
CY2014 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2014 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2014 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014 arct Unfulfilled Repurchase Requests
UnfulfilledRepurchaseRequests
1267000 USD
CY2014 dei Document Period End Date
DocumentPeriodEndDate
2014-12-31
CY2014 dei Document Type
DocumentType
10-K
CY2014 dei Entity Central Index Key
EntityCentralIndexKey
0001561032
CY2015Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
84527254 shares
CY2014 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2014 dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
CY2014Q2 dei Entity Public Float
EntityPublicFloat
1300000000 USD
CY2014 dei Entity Registrant Name
EntityRegistrantName
AMERICAN REALTY CAPITAL HEALTHCARE TRUST II, INC.
CY2014 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2014 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2013Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
962000 USD
CY2014Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
22248000 USD
CY2014Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
1300000 USD
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
0 USD
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
463000 USD
CY2013Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
161952000 USD
CY2014Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1850169000 USD
CY2013 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
24786000 USD
CY2014 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
202857000 USD
CY2012Q4 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
0 USD
CY2013 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
0 USD
CY2014 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-689000 USD
CY2012Q4 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
0 USD
CY2013 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
0 USD
CY2014 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1313000 USD
CY2012Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
0 USD
CY2013 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
263000 USD
CY2014 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
17912000 USD
CY2013 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8151 shares
CY2014 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
521081 shares
CY2014Q4 us-gaap Area Of Real Estate Property
AreaOfRealEstateProperty
6274026 sqft
CY2013Q4 us-gaap Assets
Assets
160206000 USD
CY2014Q4 us-gaap Assets
Assets
1857710000 USD
CY2014Q4 us-gaap Available For Sale Equity Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleEquitySecuritiesAccumulatedGrossUnrealizedGainBeforeTax
496000 USD
CY2014Q4 us-gaap Available For Sale Equity Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleEquitySecuritiesAccumulatedGrossUnrealizedLossBeforeTax
33000 USD
CY2014Q4 us-gaap Available For Sale Equity Securities Amortized Cost Basis
AvailableForSaleEquitySecuritiesAmortizedCostBasis
19823000 USD
CY2013Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
0 USD
CY2014Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
20286000 USD
CY2013Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
4000 USD
CY2014Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
362000 USD
CY2013Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
61000 USD
CY2014Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
19897000 USD
CY2013Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
57000 USD
CY2014Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
19535000 USD
CY2013 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-39316000 USD
CY2014 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-7923000 USD
CY2013 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
221552000 USD
CY2014 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
224143000 USD
CY2012Q4 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0 USD
CY2013 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
730000 USD
CY2014 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
33623000 USD
CY2013 us-gaap Business Combination Consideration Transferred Equity Interests Issued And Issuable
BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable
0 USD
CY2014 us-gaap Business Combination Consideration Transferred Equity Interests Issued And Issuable
BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable
10148000 USD
CY2014Q4 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
8310000 USD
CY2014Q4 us-gaap Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
72000 USD
CY2014Q4 us-gaap Capital Leases Future Minimum Payments Due In Five Years
CapitalLeasesFutureMinimumPaymentsDueInFiveYears
80000 USD
CY2014Q4 us-gaap Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
78000 USD
CY2014Q4 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
76000 USD
CY2014Q4 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
74000 USD
CY2014Q4 us-gaap Capital Leases Future Minimum Payments Due Thereafter
CapitalLeasesFutureMinimumPaymentsDueThereafter
7930000 USD
CY2014Q4 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
3519000 USD
CY2014Q4 us-gaap Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
4791000 USD
CY2014 us-gaap Capital Leases Income Statement Interest Expense
CapitalLeasesIncomeStatementInterestExpense
200000 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
111833000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
182617000 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
0 USD
CY2012Q4 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
3000 USD
CY2013 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
111830000 USD
CY2014 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
70784000 USD
CY2013Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
111300000 USD
CY2014Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
173100000 USD
CY2013Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
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6000 USD
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0 USD
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1077000 USD
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0 USD
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510000 USD
CY2014Q4 us-gaap Due From Related Parties
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CY2013Q4 us-gaap Due To Related Parties Current And Noncurrent
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320000 USD
CY2014Q4 us-gaap Due To Related Parties Current And Noncurrent
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6508000 USD
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186849000 USD
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0 USD
CY2014 us-gaap Gain Loss On Investments
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8000 USD
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8000 USD
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0 USD
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0 USD
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8000 USD
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31722000 USD
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0 USD
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0 USD
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2750000 USD
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-15000 USD
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CY2012Q4 us-gaap Income Tax Expense Benefit
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5000 USD
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565000 USD
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0 USD
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0 USD
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601000 USD
CY2012Q4 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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15000 USD
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327000 USD
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10877000 USD
CY2012Q4 us-gaap Increase Decrease In Other Operating Liabilities
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0 USD
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46000 USD
CY2014 us-gaap Increase Decrease In Other Operating Liabilities
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2977000 USD
CY2012Q4 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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0 USD
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2022000 USD
CY2014 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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11045000 USD
CY2013Q4 us-gaap Intangible Assets Net Excluding Goodwill
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6228000 USD
CY2014Q4 us-gaap Intangible Assets Net Excluding Goodwill
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167693000 USD

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