2021 Q1 Form 10-Q Financial Statement

#000156103221000010 Filed on May 14, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $83.44M $100.2M
YoY Change -16.76% 12.98%
Cost Of Revenue
YoY Change
Gross Profit $34.08M $38.51M
YoY Change -11.51% 7.22%
Gross Profit Margin 40.85% 38.42%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $20.10M $20.20M
YoY Change -0.46% -2.37%
% of Gross Profit 58.98% 52.44%
Operating Expenses $82.40M $113.1M
YoY Change -27.12% 32.13%
Operating Profit $862.0K -$10.52M
YoY Change -108.19% -214.01%
Interest Expense $12.32M $13.26M
YoY Change -7.05% -4.92%
% of Operating Profit 1429.47%
Other Income/Expense, Net -$12.26M -$13.24M
YoY Change -7.4% -5.34%
Pretax Income -$11.39M -$23.76M
YoY Change -52.04% 399.73%
Income Tax $48.00K $332.0K
% Of Pretax Income
Net Earnings -$11.44M -$24.74M
YoY Change -53.76% 384.13%
Net Earnings / Revenue -13.71% -24.69%
Basic Earnings Per Share -$0.12
Diluted Earnings Per Share -$0.12
COMMON SHARES
Basic Shares Outstanding 101.9M shares 92.01M shares
Diluted Shares Outstanding 101.9M shares

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $74.07M $90.53M
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 $2.276B $2.391B
YoY Change -4.82% 1.94%
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 $1.310B $1.370B
YoY Change -4.33% 21.83%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $950.0K $920.0K
YoY Change 3.26% -0.22%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $960.9M $1.016B
YoY Change
Total Liabilities & Shareholders Equity $2.276B $2.391B
YoY Change -4.82% 1.94%

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income -$11.44M -$24.74M
YoY Change -53.76% 384.13%
Depreciation, Depletion And Amortization $20.10M $20.20M
YoY Change -0.46% -2.37%
Cash From Operating Activities $13.96M $18.95M
YoY Change -26.35% 14.79%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$10.87M -$93.79M
YoY Change -88.41% -995.18%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00 $10.55M
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$1.334M $69.81M
YoY Change -101.91% -276.43%
NET CHANGE
Cash From Operating Activities $13.96M $18.95M
Cash From Investing Activities -$10.87M -$93.79M
Cash From Financing Activities -$1.334M $69.81M
Net Change In Cash $1.756M -$5.029M
YoY Change -134.92% -60.02%
FREE CASH FLOW
Cash From Operating Activities $13.96M $18.95M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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CY2021Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
14000 USD
CY2020Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
15000 USD
CY2021Q1 hct Accretion Of Below Market Lease Liabilities And Amortization Of Above Market Lease Assets Net
AccretionOfBelowMarketLeaseLiabilitiesAndAmortizationOfAboveMarketLeaseAssetsNet
-34000 USD
CY2020Q1 hct Accretion Of Below Market Lease Liabilities And Amortization Of Above Market Lease Assets Net
AccretionOfBelowMarketLeaseLiabilitiesAndAmortizationOfAboveMarketLeaseAssetsNet
18000 USD
CY2021Q1 hct Operating Lease Net Investmentin Lease Credit Loss Expense Reversal
OperatingLeaseNetInvestmentinLeaseCreditLossExpenseReversal
198000 USD
CY2020Q1 hct Operating Lease Net Investmentin Lease Credit Loss Expense Reversal
OperatingLeaseNetInvestmentinLeaseCreditLossExpenseReversal
792000 USD
CY2021Q1 us-gaap Share Based Compensation
ShareBasedCompensation
332000 USD
CY2020Q1 us-gaap Share Based Compensation
ShareBasedCompensation
338000 USD
CY2021Q1 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
-172000 USD
CY2020Q1 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
2306000 USD
CY2021Q1 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
14000 USD
CY2020Q1 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
16000 USD
CY2021Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
878000 USD
CY2020Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
18038000 USD
CY2021Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
227000 USD
CY2020Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1175000 USD
CY2021Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-2724000 USD
CY2020Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1289000 USD
CY2021Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-1181000 USD
CY2020Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
4270000 USD
CY2021Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
1155000 USD
CY2020Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
237000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
13959000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
18952000 USD
CY2021Q1 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
6694000 USD
CY2020Q1 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
90985000 USD
CY2021Q1 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
4029000 USD
CY2020Q1 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
11097000 USD
CY2021Q1 us-gaap Payments For Lease Commissions
PaymentsForLeaseCommissions
146000 USD
CY2020Q1 us-gaap Payments For Lease Commissions
PaymentsForLeaseCommissions
0 USD
CY2021Q1 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
0 USD
CY2020Q1 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
8294000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-10869000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-93788000 USD
CY2021Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 USD
CY2020Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
95000000 USD
CY2021Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
300000 USD
CY2020Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
211000 USD
CY2021Q1 us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
85000 USD
CY2020Q1 us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
34000 USD
CY2021Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
42000 USD
CY2020Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
918000 USD
CY2021Q1 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
-165000 USD
CY2020Q1 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
0 USD
CY2021Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2020Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
10546000 USD
CY2021Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
0 USD
CY2020Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
13225000 USD
CY2021Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
742000 USD
CY2020Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
173000 USD
CY2021Q1 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
0 USD
CY2020Q1 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
86000 USD
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-1334000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
69807000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1756000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-5029000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
90346000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
111599000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
92102000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
106570000 USD
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
74068000 USD
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
90534000 USD
CY2021Q1 us-gaap Restricted Cash
RestrictedCash
18034000 USD
CY2020Q1 us-gaap Restricted Cash
RestrictedCash
16036000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
92102000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
106570000 USD
CY2021Q1 us-gaap Interest Paid Net
InterestPaidNet
11156000 USD
CY2020Q1 us-gaap Interest Paid Net
InterestPaidNet
11144000 USD
CY2021Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
149000 USD
CY2020Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
140000 USD
CY2021Q1 us-gaap Stock Issued1
StockIssued1
19926000 USD
CY2020Q1 us-gaap Stock Issued1
StockIssued1
0 USD
CY2021Q1 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
0 USD
CY2020Q1 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
6322000 USD
CY2021Q1 hct Noncashor Part Noncash Acquisition Mortgage Assumedin Real Estate Acquisition
NoncashorPartNoncashAcquisitionMortgageAssumedinRealEstateAcquisition
0 USD
CY2020Q1 hct Noncashor Part Noncash Acquisition Mortgage Assumedin Real Estate Acquisition
NoncashorPartNoncashAcquisitionMortgageAssumedinRealEstateAcquisition
13883000 USD
CY2021Q1 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
190 property
CY2021Q1 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
31 state
CY2021Q1 us-gaap Area Of Real Estate Property
AreaOfRealEstateProperty
9300000 sqft
CY2021Q1 hct Numberof Senior Housing Communities
NumberofSeniorHousingCommunities
55 property
CY2020Q4 us-gaap Stock Dividends Shares
StockDividendsShares
0.01349 shares
CY2021Q1 us-gaap Stock Dividends Shares
StockDividendsShares
0.01349 shares
CY2021Q1 us-gaap Common Stock Dividends Shares
CommonStockDividendsShares
1392822 shares
CY2021Q1 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
0 shares
CY2021Q1 us-gaap Stock Dividends Shares
StockDividendsShares
0.04222 shares
CY2021Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:3pt;margin-top:3pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:3pt;margin-top:3pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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, impairments, fair value measurements and income taxes, as applicable.</span></div>
CY2021Q1 hct Rent Collection Percentage
RentCollectionPercentage
1
CY2021Q1 hct Lease Remaining Lease Term
LeaseRemainingLeaseTerm
P5Y2M12D
CY2021Q1 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
71088000 USD
CY2021Q1 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
89480000 USD
CY2021Q1 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
76927000 USD
CY2021Q1 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
69827000 USD
CY2021Q1 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
60071000 USD
CY2021Q1 hct Lessor Operating Lease Paymenttobe Receivedafter Year Four
LessorOperatingLeasePaymenttobeReceivedafterYearFour
168475000 USD
CY2021Q1 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
535868000 USD
CY2021Q1 hct Operating Lease Net Investmentin Lease Credit Loss Expense Reversal
OperatingLeaseNetInvestmentinLeaseCreditLossExpenseReversal
200000 USD
CY2020Q1 hct Operating Lease Net Investmentin Lease Credit Loss Expense Reversal
OperatingLeaseNetInvestmentinLeaseCreditLossExpenseReversal
800000 USD
CY2020Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
100000 USD
CY2021Q1 hct Numberof Senior Housing Communities
NumberofSeniorHousingCommunities
55 property
CY2021Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
4300000 USD
CY2020Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
4600000 USD
CY2021Q1 hct Proceeds From Government Assistance Cares Act
ProceedsFromGovernmentAssistanceCARESAct
5100000 USD
CY2021Q1 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
190 property
CY2021Q1 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
-200000 USD
CY2020Q1 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
2300000 USD
CY2021Q1 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
878000 USD
CY2021Q1 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
14000 USD
CY2020Q1 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
16000 USD
CY2020Q1 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
18038000 USD
CY2021Q1 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
900000 USD
CY2021Q1 hct Real Estate Investment At Cost Relatingto Notes Payable
RealEstateInvestmentAtCostRelatingtoNotesPayable
900000000 USD
CY2021Q1 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
108 encumbered_property
CY2021Q1 us-gaap Line Of Credit
LineOfCredit
674859000 USD
CY2020Q4 us-gaap Line Of Credit
LineOfCredit
674551000 USD
CY2021Q1 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.0327
CY2020Q4 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.0329
CY2021Q1 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
2600000000 USD
CY2021Q1 hct Debt Instrument Covenants Minimum Cash Cash Equivalentsand Borrowing Capacity
DebtInstrumentCovenantsMinimumCashCashEquivalentsandBorrowingCapacity
50000000.0 USD
CY2021Q1 us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.07375
CY2021Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2020Q3 hct Debt Instrument Covenants Distribution In Excess Of Modified Funds From Operations Percent
DebtInstrumentCovenantsDistributionInExcessOfModifiedFundsFromOperationsPercent
0.95
CY2020Q3 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
50000000.0 USD
CY2020Q1 us-gaap Interest Expense
InterestExpense
13257000 USD
CY2019Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
88700000 USD
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
1095000 USD
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
4151000 USD
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
10966000 USD
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
179349000 USD
CY2021Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
155718000 USD
CY2021Q1 hct Long Term Debt Maturityafter Year Four
LongTermDebtMaturityafterYearFour
877628000 USD
CY2021Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1228907000 USD
CY2021Q1 us-gaap Interest Expense
InterestExpense
12322000 USD
CY2021Q1 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
111000 USD
CY2021Q1 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
0 USD
CY2021Q1 us-gaap Derivative Assets
DerivativeAssets
111000 USD
CY2021Q1 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
0 USD
CY2021Q1 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0 USD
CY2021Q1 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
111000 USD
CY2021Q1 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
22754000 USD
CY2021Q1 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
0 USD
CY2021Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
22754000 USD
CY2021Q1 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
0 USD
CY2021Q1 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0 USD
CY2021Q1 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
22754000 USD
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
13000 USD
CY2020Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
0 USD
CY2020Q4 us-gaap Derivative Assets
DerivativeAssets
13000 USD
CY2020Q4 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
0 USD
CY2020Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0 USD
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
13000 USD
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
38389000 USD
CY2020Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
0 USD
CY2020Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
38389000 USD
CY2020Q4 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
0 USD
CY2020Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0 USD
CY2020Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
38389000 USD
CY2021Q1 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
22800000 USD
CY2021Q1 us-gaap Assets Needed For Immediate Settlement Aggregate Fair Value
AssetsNeededForImmediateSettlementAggregateFairValue
22800000 USD
CY2020Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1700000 USD
CY2020Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
505101 shares
CY2020Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
8800000 USD
CY2020Q1 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
17.50
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
4896620 shares
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
20.60
CY2021Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
0 shares
CY2021Q1 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
0
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
4896620 shares
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
20.60
CY2021Q1 hct Drip Periodof Noticeto Alter Agreement
DRIPPeriodofNoticetoAlterAgreement
P10D
CY2021Q1 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
0 shares
CY2020Q1 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
400000 shares
CY2020Q1 us-gaap Proceeds From Issuance Of Common Stock Dividend Reinvestment Plan
ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan
6300000 USD
CY2020Q2 us-gaap Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
1 shares
CY2020Q3 hct Preferred Stock Additional Shares Authorized
PreferredStockAdditionalSharesAuthorized
600000 shares
CY2021Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
1610000 shares
CY2020Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
1610000 shares
CY2013Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.70
CY2017Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.45
CY2018Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.85
CY2018Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.85
CY2021Q1 us-gaap Stock Dividends Shares
StockDividendsShares
0.01349 shares
CY2020Q4 us-gaap Stock Dividends Shares
StockDividendsShares
0.01349 shares
CY2020Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.85
CY2020Q4 us-gaap Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
90 shares
CY2021Q1 us-gaap Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
90 shares
CY2017Q1 hct Related Party Agreement Termof Agreement Renewal Period
RelatedPartyAgreementTermofAgreementRenewalPeriod
P10Y
CY2017Q1 hct Related Party Transaction Voting Percentage Requiredto Alter Agreement
RelatedPartyTransactionVotingPercentageRequiredtoAlterAgreement
0.67
CY2017Q1 hct Related Party Transaction Periodof Noticeto Alter Agreement
RelatedPartyTransactionPeriodofNoticetoAlterAgreement
P45D
CY2021Q1 hct Share Price Equity Instruments Netof Selling Commissionsand Dealer Fees
SharePriceEquityInstrumentsNetofSellingCommissionsandDealerFees
22.50
CY2020Q4 us-gaap Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
90 shares
CY2021Q1 us-gaap Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
90 shares
CY2020Q1 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
100000 USD
CY2021Q1 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
0 USD
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-12230000 USD
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-24744000 USD
CY2021Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
96212583 shares
CY2020Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
95843552 shares
CY2021Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.13
CY2020Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.26
CY2021Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1019035 shares
CY2020Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1086503 shares
CY2021Q1 hct Common Share Equivalents Shares Outstanding
CommonShareEquivalentsSharesOutstanding
359250 shares
CY2020Q1 hct Common Share Equivalents Shares Outstanding
CommonShareEquivalentsSharesOutstanding
359250 shares
CY2021Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2020Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2021Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2021Q1 us-gaap Revenues
Revenues
83436000 USD
CY2021Q1 us-gaap Operating Lease Expense
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14000 USD
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46000 USD
CY2021Q1 us-gaap Dividends Preferred Stock
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20195000 USD
CY2020Q1 us-gaap Interest Expense
InterestExpense
13257000 USD
CY2020Q1 us-gaap Interest And Other Income
InterestAndOtherIncome
5000 USD
CY2020Q1 us-gaap Gains Losses On Sales Of Investment Real Estate
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2306000 USD
CY2020Q1 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
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16000 USD
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332000 USD
CY2020Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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742000 USD
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CY2020Q4 us-gaap Real Estate Investment Property Net
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0 USD
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32594000 USD
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8 lease
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6 lease
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8 lease
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13900000 USD
CY2021Q1 us-gaap Operating Lease Liability
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9200000 USD
CY2021Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P41Y
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0.0735
CY2021Q1 us-gaap Operating Lease Payments
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200000 USD
CY2021Q1 us-gaap Operating Lease Cost
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200000 USD
CY2020Q1 us-gaap Operating Lease Payments
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200000 USD
CY2020Q1 us-gaap Operating Lease Cost
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200000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
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498000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
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63000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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682000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due Next Twelve Months
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86000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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684000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due Year Two
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88000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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686000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due Year Three
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CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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691000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due Year Four
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93000 USD
CY2021Q1 hct Lessee Operating Lease Liabilitytobe Paid Dueafter Year Four
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28690000 USD
CY2021Q1 hct Finance Lease Liabilitytobe Paid Dueafter Year Four
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7407000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due
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31931000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due
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CY2021Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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22772000 USD
CY2021Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
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2990000 USD
CY2021Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
9159000 USD
CY2021Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
4837000 USD

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