2023 Q1 Form 10-K Financial Statement

#000156103223000003 Filed on March 17, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $87.36M $335.8M
YoY Change 4.43% 1.97%
Cost Of Revenue
YoY Change
Gross Profit $33.47M $122.4M
YoY Change 9.53% -0.92%
Gross Profit Margin 38.32% 36.45%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $20.18M $82.06M
YoY Change -1.19% 2.67%
% of Gross Profit 60.28% 67.04%
Operating Expenses $85.53M $367.3M
YoY Change -10.86% -0.86%
Operating Profit $1.940M -$31.54M
YoY Change -115.39% -15.74%
Interest Expense $15.79M $51.74M
YoY Change 34.18% 8.02%
% of Operating Profit 813.66%
Other Income/Expense, Net -$15.96M -$47.88M
YoY Change 48.37% 0.16%
Pretax Income -$14.02M -$79.42M
YoY Change -39.98% -6.82%
Income Tax $46.00K $201.0K
% Of Pretax Income
Net Earnings -$14.07M -$79.62M
YoY Change -39.88% -6.81%
Net Earnings / Revenue -16.1% -23.71%
Basic Earnings Per Share -$0.16 -$0.88
Diluted Earnings Per Share -$0.16 -$0.88
COMMON SHARES
Basic Shares Outstanding 106.6M shares 105.1M shares 106.4M shares
Diluted Shares Outstanding 108.1M shares 106.4M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $35.79M $53.65M
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 $80.69M
YoY Change -13.31%
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 $2.170B $2.180B
YoY Change -1.09% -1.54%
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 $1.196B $1.181B
YoY Change 3.61% 0.61%
SHAREHOLDERS EQUITY
Retained Earnings -$1.462B
YoY Change 14.0%
Common Stock $1.066M $1.051M
YoY Change 5.86% 5.84%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $968.0M $992.6M
YoY Change
Total Liabilities & Shareholders Equity $2.170B $2.180B
YoY Change -1.09% -1.54%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$14.07M -$79.62M
YoY Change -39.88% -6.81%
Depreciation, Depletion And Amortization $20.18M $82.06M
YoY Change -1.19% 2.67%
Cash From Operating Activities $4.989M $28.30M
YoY Change -15.18% -27.22%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$29.08M -$41.78M
YoY Change -444.19% -12.81%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $8.898M $4.643M
YoY Change -229.61% 13.83%
NET CHANGE
Cash From Operating Activities $4.989M $28.30M
Cash From Investing Activities -$29.08M -$41.78M
Cash From Financing Activities $8.898M $4.643M
Net Change In Cash -$15.19M -$8.844M
YoY Change -303.48% 78.16%
FREE CASH FLOW
Cash From Operating Activities $4.989M $28.30M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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PaymentsToAcquireOtherPropertyPlantAndEquipment
19071000 usd
CY2020 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
21892000 usd
CY2022 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
11749000 usd
CY2021 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
130449000 usd
CY2020 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
34385000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-41782000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-47922000 usd
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-82491000 usd
CY2022 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
2998000 usd
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
298804000 usd
CY2020 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
26091000 usd
CY2022 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
30000000 usd
CY2021 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
125000000 usd
CY2020 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
95000000 usd
CY2022 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 usd
CY2021 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
42750000 usd
CY2020 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 usd
CY2022 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
6662000 usd
CY2021 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
1264000 usd
CY2020 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
1048000 usd
CY2022 us-gaap Payments For Proceeds From Derivative Instrument Financing Activities
PaymentsForProceedsFromDerivativeInstrumentFinancingActivities
0 usd
CY2021 us-gaap Payments For Proceeds From Derivative Instrument Financing Activities
PaymentsForProceedsFromDerivativeInstrumentFinancingActivities
85000 usd
CY2020 us-gaap Payments For Proceeds From Derivative Instrument Financing Activities
PaymentsForProceedsFromDerivativeInstrumentFinancingActivities
97000 usd
CY2022 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1672000 usd
CY2021 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1490000 usd
CY2020 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
2241000 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
10539000 usd
CY2022 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
0 usd
CY2021 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
0 usd
CY2020 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
31354000 usd
CY2022 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
0 usd
CY2021 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
0 usd
CY2020 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
583000 usd
CY2022 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
184000 usd
CY2021 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
46000 usd
CY2020 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
201000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
4643000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
4079000 usd
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
19431000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-8844000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-4964000 usd
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-21253000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
85382000 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
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
76538000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
85382000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
90346000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
53654000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
59738000 usd
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
72357000 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
22884000 usd
CY2021Q4 us-gaap Restricted Cash
RestrictedCash
25644000 usd
CY2020Q4 us-gaap Restricted Cash
RestrictedCash
17989000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
76538000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
85382000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
90346000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
45042000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
42815000 usd
CY2020 us-gaap Interest Paid Net
InterestPaidNet
47878000 usd
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
566000 usd
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
311000 usd
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
315000 usd
CY2022 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
0 usd
CY2021 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
0 usd
CY2020 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
14604000 usd
CY2022 us-gaap Stock Issued1
StockIssued1
86301000 usd
CY2021 us-gaap Stock Issued1
StockIssued1
81371000 usd
CY2020 us-gaap Stock Issued1
StockIssued1
19659000 usd
CY2022 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
0 usd
CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
0 usd
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
1287000 usd
CY2022 hct Stock Issuance Costs Incurred But Not Yet Paid
StockIssuanceCostsIncurredButNotYetPaid
0 usd
CY2021 hct Stock Issuance Costs Incurred But Not Yet Paid
StockIssuanceCostsIncurredButNotYetPaid
78000 usd
CY2020 hct Stock Issuance Costs Incurred But Not Yet Paid
StockIssuanceCostsIncurredButNotYetPaid
0 usd
CY2022 hct Noncashor Part Noncash Mortgage Notes Payable Secured In Connection With The Acquisition Of Real Estate
NoncashorPartNoncashMortgageNotesPayableSecuredInConnectionWithTheAcquisitionOfRealEstate
0 usd
CY2021 hct Noncashor Part Noncash Mortgage Notes Payable Secured In Connection With The Acquisition Of Real Estate
NoncashorPartNoncashMortgageNotesPayableSecuredInConnectionWithTheAcquisitionOfRealEstate
0 usd
CY2020 hct Noncashor Part Noncash Mortgage Notes Payable Secured In Connection With The Acquisition Of Real Estate
NoncashorPartNoncashMortgageNotesPayableSecuredInConnectionWithTheAcquisitionOfRealEstate
13883000 usd
CY2022Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
202 property
CY2022Q4 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
34 state
CY2022Q4 us-gaap Area Of Real Estate Property
AreaOfRealEstateProperty
9100000 sqft
CY2022Q4 hct Numberof Senior Housing Communities
NumberofSeniorHousingCommunities
52 property
CY2022 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2022 hct Number Of Independent Contractors
NumberOfIndependentContractors
4 contractor
CY2022Q4 hct Numberof Senior Housing Communities
NumberofSeniorHousingCommunities
52 property
CY2022 hct Number Of Land Parcels
NumberOfLandParcels
2 land_parcel
us-gaap Common Stock Dividends Shares
CommonStockDividendsShares
12600000 shares
CY2021 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
0 shares
CY2022 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
0 shares
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:5pt;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>
CY2022 hct Proceeds From Government Assistance Cares Act
ProceedsFromGovernmentAssistanceCARESAct
4500000 usd
CY2021 hct Proceeds From Government Assistance Cares Act
ProceedsFromGovernmentAssistanceCARESAct
5100000 usd
CY2020 hct Proceeds From Government Assistance Cares Act
ProceedsFromGovernmentAssistanceCARESAct
3600000 usd
CY2022 hct Lease Remaining Lease Term
LeaseRemainingLeaseTerm
P4Y10M24D
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
106009000 usd
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
99507000 usd
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
88452000 usd
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
80462000 usd
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
62175000 usd
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
215275000 usd
CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
651880000 usd
CY2022 hct Operating Lease Net Investmentin Lease Credit Loss Expense Reversal
OperatingLeaseNetInvestmentinLeaseCreditLossExpenseReversal
3200000 usd
CY2021 hct Operating Lease Net Investmentin Lease Credit Loss Expense Reversal
OperatingLeaseNetInvestmentinLeaseCreditLossExpenseReversal
1100000 usd
CY2020 hct Operating Lease Net Investmentin Lease Credit Loss Expense Reversal
OperatingLeaseNetInvestmentinLeaseCreditLossExpenseReversal
2700000 usd
CY2022 hct Operating Lease Net Investment In Lease Credit Loss Expense Reversal Formerly Disposed Properties
OperatingLeaseNetInvestmentInLeaseCreditLossExpenseReversalFormerlyDisposedProperties
1300000 usd
CY2020 hct Operating Lease Net Investment In Lease Credit Loss Expense Reversal Formerly Disposed Properties
OperatingLeaseNetInvestmentInLeaseCreditLossExpenseReversalFormerlyDisposedProperties
1000000 usd
CY2021 hct Operating Lease Net Investment In Lease Credit Loss Expense Reversal Formerly Disposed Properties
OperatingLeaseNetInvestmentInLeaseCreditLossExpenseReversalFormerlyDisposedProperties
0 usd
CY2022Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
0 usd
CY2021Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
0 usd
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.000
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.000
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-1.058
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-2145000 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
319000 usd
CY2022 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-726000 usd
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
201000 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-604000 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
203000 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
163000 usd
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
196000 usd
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-50000 usd
CY2022 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
2749000 usd
CY2022Q4 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
0 usd
CY2021Q4 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
0 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
53700000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
59700000 usd
CY2022Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
43600000 usd
CY2021Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
46200000 usd
CY2022Q4 hct Numberof Senior Housing Communities
NumberofSeniorHousingCommunities
52 property
CY2022 hct Number Of Land Parcels
NumberOfLandParcels
2 land_parcel
CY2021 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
-482000 usd
CY2020 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
4641000 usd
CY2022 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
201000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 usd
CY2021 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
203000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 usd
CY2020 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
-530000 usd
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
4591000 usd
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
93081000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
80689000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
288372000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
195291000 usd
CY2022 hct Proceeds From Government Assistance Cares Act
ProceedsFromGovernmentAssistanceCARESAct
4500000 usd
CY2021 hct Proceeds From Government Assistance Cares Act
ProceedsFromGovernmentAssistanceCARESAct
5100000 usd
CY2020 hct Proceeds From Government Assistance Cares Act
ProceedsFromGovernmentAssistanceCARESAct
3600000 usd
CY2022 us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
202 property
CY2022 hct Equity Instrument Consideration Preferred Units Issued
EquityInstrumentConsiderationPreferredUnitsIssued
0 usd
CY2021 hct Equity Instrument Consideration Preferred Units Issued
EquityInstrumentConsiderationPreferredUnitsIssued
2578000 usd
CY2020 hct Equity Instrument Consideration Preferred Units Issued
EquityInstrumentConsiderationPreferredUnitsIssued
0 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
292034000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
211345000 usd
CY2022Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
23504000 usd
CY2022Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
14097000 usd
CY2022Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
9407000 usd
CY2021Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
23472000 usd
CY2021Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
12529000 usd
CY2021Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
10943000 usd
CY2022Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
0 usd
CY2021Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
0 usd
CY2022Q4 hct Real Estate Investment At Cost Relatingto Notes Payable
RealEstateInvestmentAtCostRelatingtoNotesPayable
900000000 usd
CY2022Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
119 encumberedproperty
CY2022Q4 us-gaap Line Of Credit
LineOfCredit
530297000 usd
CY2021Q4 us-gaap Line Of Credit
LineOfCredit
502051000 usd
CY2022Q4 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.0594
CY2021Q4 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.0300
CY2022Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
2600000000 usd
CY2022Q4 hct Real Estate Investment At Cost Relatingto Notes Payable
RealEstateInvestmentAtCostRelatingtoNotesPayable
900000000 usd
CY2022Q4 hct Debt Instrument Covenants Minimum Cash Cash Equivalents And Borrowing Capacity
DebtInstrumentCovenantsMinimumCashCashEquivalentsAndBorrowingCapacity
50000000 usd
CY2022 hct Debt Instrument Covenants Distribution In Excess Of Modified Funds From Operations Percent
DebtInstrumentCovenantsDistributionInExcessOfModifiedFundsFromOperationsPercent
0.95
CY2022Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
50000000 usd
CY2020Q4 hct Number Of Senior Housing Operating Properties Sold And Transferred
NumberOfSeniorHousingOperatingPropertiesSoldAndTransferred
4 property
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
6908000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
186947000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
19039000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
714133000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
922000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
189279000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1117228000 usd
CY2022 us-gaap Interest Expense
InterestExpense
51740000 usd
CY2021 us-gaap Interest Expense
InterestExpense
47900000 usd
CY2020 us-gaap Interest Expense
InterestExpense
51519000 usd
CY2022 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
3800000 usd
CY2022 us-gaap Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
300000 usd
CY2021 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
37000 usd
CY2020 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-100000 usd
CY2022Q4 hct Number Of Interest Rate Derivatives Not Yet In Effect
NumberOfInterestRateDerivativesNotYetInEffect
1 derivative
CY2021Q4 hct Number Of Interest Rate Derivatives Not Yet In Effect
NumberOfInterestRateDerivativesNotYetInEffect
3 derivative
CY2022Q4 hct Derivative Notional Amount Not Yet In Effect
DerivativeNotionalAmountNotYetInEffect
52600000 usd
CY2021Q4 hct Derivative Notional Amount Not Yet In Effect
DerivativeNotionalAmountNotYetInEffect
140800000 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
40647000 usd
CY2022Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
0 usd
CY2022Q4 us-gaap Derivative Assets
DerivativeAssets
40647000 usd
CY2022Q4 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
0 usd
CY2022Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0 usd
CY2022Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
40647000 usd
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
174000 usd
CY2021Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
0 usd
CY2021Q4 us-gaap Derivative Assets
DerivativeAssets
174000 usd
CY2021Q4 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
0 usd
CY2021Q4 us-gaap Derivative Collateral Obligation To Return Cash
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CY2021Q4 us-gaap Minority Interest
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CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2022Q4 hct Common Share Equivalents Shares Outstanding
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CY2020Q4 hct Common Share Equivalents Shares Outstanding
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CY2021Q4 hct Common Share Equivalents Shares Outstanding
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CY2022 us-gaap Income Tax Expense Benefit
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CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2021 us-gaap Interest And Other Income
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CY2021 us-gaap Income Tax Expense Benefit
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CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2021 us-gaap Dividends Preferred Stock
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CY2020 us-gaap Impairment Of Real Estate
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CY2020 us-gaap Depreciation And Amortization
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CY2020 us-gaap Gains Losses On Sales Of Investment Real Estate
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CY2020 us-gaap Interest Expense
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CY2020 us-gaap Interest And Other Income
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CY2020 us-gaap Income Tax Expense Benefit
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CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2020 us-gaap Dividends Preferred Stock
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CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2022Q4 us-gaap Real Estate Investment Property Net
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CY2021Q4 us-gaap Real Estate Investment Property Net
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2049927000 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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53654000 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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59738000 usd
CY2022Q4 us-gaap Restricted Cash And Cash Equivalents
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22884000 usd
CY2021Q4 us-gaap Restricted Cash And Cash Equivalents
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25644000 usd
CY2022Q4 us-gaap Derivative Assets
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CY2021Q4 us-gaap Derivative Assets
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CY2022Q4 us-gaap Deferred Rent Receivables Net Noncurrent
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25276000 usd
CY2021Q4 us-gaap Deferred Rent Receivables Net Noncurrent
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CY2022Q4 us-gaap Operating Lease Right Of Use Asset
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CY2021Q4 us-gaap Operating Lease Right Of Use Asset
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CY2022Q4 us-gaap Prepaid Expense And Other Assets
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34554000 usd
CY2021Q4 us-gaap Prepaid Expense And Other Assets
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32564000 usd
CY2022Q4 us-gaap Deferred Costs Current And Noncurrent
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17223000 usd
CY2021Q4 us-gaap Deferred Costs Current And Noncurrent
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14581000 usd
CY2022Q4 us-gaap Assets
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2180349000 usd
CY2021Q4 us-gaap Assets
Assets
2214400000 usd
CY2022 hct Lessee Operating Lease Number Of Contracts
LesseeOperatingLeaseNumberOfContracts
7 lease
CY2022 hct Lessee Finance Lease Number Of Contracts
LesseeFinanceLeaseNumberOfContracts
6 lease
CY2022 hct Lessee Operating Lease Number Of Contracts
LesseeOperatingLeaseNumberOfContracts
7 lease
CY2022 hct Lessee Operating Lease Renewal Term Excluded
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P1Y9M18D
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
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7800000 usd
CY2022Q4 us-gaap Operating Lease Liability
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CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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CY2022 us-gaap Operating Lease Payments
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700000 usd
CY2021 us-gaap Operating Lease Payments
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800000 usd
CY2020 us-gaap Operating Lease Payments
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800000 usd
CY2022 us-gaap Operating Lease Cost
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CY2021 us-gaap Operating Lease Cost
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900000 usd
CY2020 us-gaap Operating Lease Cost
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900000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
645000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
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88000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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632000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Two
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90000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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588000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Three
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93000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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599000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Four
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
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617000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Five
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97000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
21942000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due After Year Five
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7215000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
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25023000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due
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7678000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
16936000 usd
CY2022Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
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2841000 usd
CY2022Q4 us-gaap Operating Lease Liability
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CY2022Q4 us-gaap Finance Lease Liability
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CY2022Q4 srt Real Estate And Accumulated Depreciation Amount Of Encumbrances
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937230000 usd
CY2022Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
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210294000 usd
CY2022Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
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2075880000 usd
CY2022Q4 us-gaap Sec Schedule Iii Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Land
SECScheduleIIIRealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionLand
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CY2022Q4 us-gaap Sec Schedule Iii Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Buildings And Improvements
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13253000 usd
CY2022Q4 us-gaap Real Estate Gross At Carrying Value
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2295587000 usd
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
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397982000 usd
CY2022Q4 hct Real Estate Investments Acquired Intangible Assets Total
RealEstateInvestmentsAcquiredIntangibleAssetsTotal
292000000 usd
CY2022Q4 srt Real Estate Federal Income Tax Basis
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2100000000 usd
CY2022Q4 hct Finite Lived Intangible Assetsand Liabilities Accumulated Amortization
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211300000 usd
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
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2345708000 usd
CY2020Q4 us-gaap Real Estate Gross At Carrying Value
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2211451000 usd
CY2019Q4 us-gaap Real Estate Gross At Carrying Value
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2296627000 usd
CY2022 hct Real Estate Investment Property At Cost Acquisitions
RealEstateInvestmentPropertyAtCostAcquisitions
44926000 usd
CY2021 hct Real Estate Investment Property At Cost Acquisitions
RealEstateInvestmentPropertyAtCostAcquisitions
98364000 usd
CY2020 hct Real Estate Investment Property At Cost Acquisitions
RealEstateInvestmentPropertyAtCostAcquisitions
80980000 usd
CY2022 hct Other Real Estate Disposals And Reclasses
OtherRealEstateDisposalsAndReclasses
95047000 usd
CY2021 hct Other Real Estate Disposals And Reclasses
OtherRealEstateDisposalsAndReclasses
-35893000 usd
CY2020 hct Other Real Estate Disposals And Reclasses
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166156000 usd
CY2022Q4 us-gaap Real Estate Gross At Carrying Value
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2295587000 usd
CY2021Q4 us-gaap Real Estate Gross At Carrying Value
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2345708000 usd
CY2020Q4 us-gaap Real Estate Gross At Carrying Value
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2211451000 usd
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
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328095000 usd
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
260399000 usd
CY2019Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
226167000 usd
CY2022 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
63143000 usd
CY2021 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
63393000 usd
CY2020 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
64731000 usd
CY2022 hct Sec Schedule1228 Real Estate Companies Investment In Real Estate Accumulated Depreciation Disposals Impairments And Reclassifications
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAccumulatedDepreciationDisposalsImpairmentsAndReclassifications
-6744000 usd
CY2021 hct Sec Schedule1228 Real Estate Companies Investment In Real Estate Accumulated Depreciation Disposals Impairments And Reclassifications
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAccumulatedDepreciationDisposalsImpairmentsAndReclassifications
-4303000 usd
CY2020 hct Sec Schedule1228 Real Estate Companies Investment In Real Estate Accumulated Depreciation Disposals Impairments And Reclassifications
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAccumulatedDepreciationDisposalsImpairmentsAndReclassifications
30499000 usd
CY2022Q4 us-gaap Real Estate Accumulated Depreciation
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397982000 usd
CY2021Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
328095000 usd
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
260399000 usd

Files In Submission

Name View Source Status
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