2024 Q3 Form 10-Q Financial Statement

#000156103224000017 Filed on August 09, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $88.94M $88.82M
YoY Change 3.8% 3.15%
Cost Of Revenue
YoY Change
Gross Profit $32.53M $33.81M
YoY Change 3.74% 3.93%
Gross Profit Margin 36.58% 38.07%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $111.4M $189.0M
YoY Change 28.95% 122.43%
Operating Profit -$20.93M -$100.4M
YoY Change 2194.52% -12454.24%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net -$19.84M -$16.41M
YoY Change 31.79% -9.34%
Pretax Income -$40.77M -$116.9M
YoY Change 155.32% 575.8%
Income Tax $0.00 $65.00K
% Of Pretax Income
Net Earnings -$40.77M -$116.9M
YoY Change 152.83% 574.58%
Net Earnings / Revenue -45.84% -131.64%
Basic Earnings Per Share -$1.56 -$1.06
Diluted Earnings Per Share -$1.56 -$1.06
COMMON SHARES
Basic Shares Outstanding 113.2M shares 113.2M shares
Diluted Shares Outstanding 28.29M shares 113.2M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $32.86M $29.46M
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 $1.998B $2.113B
YoY Change -8.04% -3.29%
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 $1.289B $1.351B
YoY Change 4.68% 10.21%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $1.132M $1.132M
YoY Change 3.1% 4.62%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $702.6M $756.7M
YoY Change
Total Liabilities & Shareholders Equity $1.998B $2.113B
YoY Change -8.04% -3.29%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income -$40.77M -$116.9M
YoY Change 152.83% 574.58%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-137912000 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-40233000 usd
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
113167155 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
113167155 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
113086488 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
113086488 shares
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.06
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.06
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.18
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.18
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.23
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.23
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.34
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
900583000 usd
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
460000 usd
hct Common Stock Stock Dividends Per Share Declared
CommonStockStockDividendsPerShareDeclared
0.21
us-gaap Stock Issued During Period Value Stock Dividend
StockIssuedDuringPeriodValueStockDividend
0 usd
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
92000 usd
us-gaap Profit Loss
ProfitLoss
-132468000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1004000 usd
hct Adjustmentsto Additional Paidin Capital Rebalancing Of Ownership Percentage
AdjustmentstoAdditionalPaidinCapitalRebalancingOfOwnershipPercentage
0 usd
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
762587000 usd
CY2024Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
884047000 usd
CY2024Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
0 usd
CY2024Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
230000 usd
CY2024Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
46000 usd
CY2024Q2 us-gaap Profit Loss
ProfitLoss
-116918000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1276000 usd
CY2024Q2 hct Adjustmentsto Additional Paidin Capital Rebalancing Of Ownership Percentage
AdjustmentstoAdditionalPaidinCapitalRebalancingOfOwnershipPercentage
0 usd
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
762587000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
999190000 usd
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
460000 usd
hct Common Stock Stock Dividends Per Share Declared
CommonStockStockDividendsPerShareDeclared
0.42
us-gaap Stock Issued During Period Value Stock Dividend
StockIssuedDuringPeriodValueStockDividend
0 usd
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
92000 usd
us-gaap Profit Loss
ProfitLoss
-31400000 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1965000 usd
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
284000 usd
hct Adjustmentsto Additional Paidin Capital Rebalancing Of Ownership Percentage
AdjustmentstoAdditionalPaidinCapitalRebalancingOfOwnershipPercentage
0 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
959578000 usd
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
974425000 usd
CY2023Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
2000 usd
CY2023Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
230000 usd
CY2023Q2 hct Common Stock Stock Dividends Per Share Declared
CommonStockStockDividendsPerShareDeclared
0.21
CY2023Q2 us-gaap Stock Issued During Period Value Stock Dividend
StockIssuedDuringPeriodValueStockDividend
0 usd
CY2023Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
46000 usd
CY2023Q2 us-gaap Profit Loss
ProfitLoss
-17332000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
5466000 usd
CY2023Q2 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
284000 usd
CY2023Q2 hct Adjustmentsto Additional Paidin Capital Rebalancing Of Ownership Percentage
AdjustmentstoAdditionalPaidinCapitalRebalancingOfOwnershipPercentage
0 usd
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
959578000 usd
us-gaap Profit Loss
ProfitLoss
-132468000 usd
us-gaap Profit Loss
ProfitLoss
-31400000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
42666000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
40744000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1661000 usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
5210000 usd
hct Amortization Accretion Of Terminated Swap Payment
AmortizationAccretionOfTerminatedSwapPayment
-1218000 usd
hct Amortization Accretion Of Terminated Swap Payment
AmortizationAccretionOfTerminatedSwapPayment
-1125000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
45000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
46000 usd
hct Accretion Of Below Market Lease Liabilities And Amortization Of Above Market Lease Assets Net
AccretionOfBelowMarketLeaseLiabilitiesAndAmortizationOfAboveMarketLeaseAssetsNet
-687000 usd
hct Accretion Of Below Market Lease Liabilities And Amortization Of Above Market Lease Assets Net
AccretionOfBelowMarketLeaseLiabilitiesAndAmortizationOfAboveMarketLeaseAssetsNet
-471000 usd
hct Operating Lease Net Investmentin Lease Credit Loss Expense Reversal
OperatingLeaseNetInvestmentinLeaseCreditLossExpenseReversal
796000 usd
hct Operating Lease Net Investmentin Lease Credit Loss Expense Reversal
OperatingLeaseNetInvestmentinLeaseCreditLossExpenseReversal
695000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
460000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
460000 usd
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
-225000 usd
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
-191000 usd
hct Derivative Instruments Not Designated As Hedging Instruments Cash Received
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsCashReceived
3565000 usd
hct Derivative Instruments Not Designated As Hedging Instruments Cash Received
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsCashReceived
2301000 usd
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
2833000 usd
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
104000 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
2669000 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-98000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
605000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1824000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-909000 usd
hct Increase Decrease In Termination Fees Payable Related Parties
IncreaseDecreaseInTerminationFeesPayableRelatedParties
98241000 usd
hct Increase Decrease In Termination Fees Payable Related Parties
IncreaseDecreaseInTerminationFeesPayableRelatedParties
0 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-2854000 usd
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
393000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
8935000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
10677000 usd
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
5606000 usd
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
11159000 usd
us-gaap Payments For Derivative Instrument Investing Activities
PaymentsForDerivativeInstrumentInvestingActivities
1709000 usd
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
2896000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-15578000 usd
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
2885000 usd
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
6960000 usd
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 usd
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
584000 usd
us-gaap Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
0 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
199000 usd
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 usd
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
284000 usd
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
92000 usd
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
92000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-3700000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
52650000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-10343000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
28967000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
91316000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
76538000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
80973000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
105505000 usd
CY2024Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
29461000 usd
CY2023Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
71705000 usd
CY2024Q2 us-gaap Restricted Cash
RestrictedCash
51512000 usd
CY2023Q2 us-gaap Restricted Cash
RestrictedCash
33800000 usd
us-gaap Interest Paid Net
InterestPaidNet
33700000 usd
us-gaap Interest Paid Net
InterestPaidNet
28093000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
410000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
415000 usd
us-gaap Stock Issued1
StockIssued1
23695000 usd
us-gaap Stock Issued1
StockIssued1
44983000 usd
hct Noncash Or Part Noncash Mortgages Issued With Acquisition Of Real Estate Investments
NoncashOrPartNoncashMortgagesIssuedWithAcquisitionOfRealEstateInvestments
7500000 usd
hct Noncash Or Part Noncash Mortgages Issued With Acquisition Of Real Estate Investments
NoncashOrPartNoncashMortgagesIssuedWithAcquisitionOfRealEstateInvestments
0 usd
hct Noncash Or Part Noncash Mortgage Notes Payable Secured In Connection With The Acquisition Of Real Estate
NoncashOrPartNoncashMortgageNotesPayableSecuredInConnectionWithTheAcquisitionOfRealEstate
0 usd
hct Noncash Or Part Noncash Mortgage Notes Payable Secured In Connection With The Acquisition Of Real Estate
NoncashOrPartNoncashMortgageNotesPayableSecuredInConnectionWithTheAcquisitionOfRealEstate
2663000 usd
hct Noncash Or Part Noncash Mortgage Notes Payable Repaid With Proceeds From Real Estate Sales
NoncashOrPartNoncashMortgageNotesPayableRepaidWithProceedsFromRealEstateSales
0 usd
hct Noncash Or Part Noncash Mortgage Notes Payable Repaid With Proceeds From Real Estate Sales
NoncashOrPartNoncashMortgageNotesPayableRepaidWithProceedsFromRealEstateSales
-2663000 usd
hct Noncash Or Part Noncash Proceeds From Real Estate Sales Used To Repay Amounts Outstanding Under Prior Credit Facility
NoncashOrPartNoncashProceedsFromRealEstateSalesUsedToRepayAmountsOutstandingUnderPriorCreditFacility
0 usd
hct Noncash Or Part Noncash Proceeds From Real Estate Sales Used To Repay Amounts Outstanding Under Prior Credit Facility
NoncashOrPartNoncashProceedsFromRealEstateSalesUsedToRepayAmountsOutstandingUnderPriorCreditFacility
5167000 usd
hct Noncash Or Part Noncash Amounts Outstanding Under Prior Credit Facility Repaid With Proceeds From Real Estate Sales
NoncashOrPartNoncashAmountsOutstandingUnderPriorCreditFacilityRepaidWithProceedsFromRealEstateSales
0 usd
hct Noncash Or Part Noncash Amounts Outstanding Under Prior Credit Facility Repaid With Proceeds From Real Estate Sales
NoncashOrPartNoncashAmountsOutstandingUnderPriorCreditFacilityRepaidWithProceedsFromRealEstateSales
-5167000 usd
CY2024Q2 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
207 property
CY2024Q2 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
32 state
CY2024Q2 us-gaap Area Of Real Estate Property
AreaOfRealEstateProperty
9000000.0 sqft
CY2024Q2 hct Numberof Senior Housing Communities
NumberofSeniorHousingCommunities
45 property
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
hct Number Of Independent Contractors
NumberOfIndependentContractors
4 contractor
CY2024Q2 hct Numberof Senior Housing Communities
NumberofSeniorHousingCommunities
45 property
us-gaap Common Stock Dividends Shares
CommonStockDividendsShares
20700000 shares
us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
0 shares
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:5pt;margin-top:5pt;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:5pt;margin-top:5pt;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>
hct Lease Remaining Lease Term
LeaseRemainingLeaseTerm
P4Y6M
CY2024Q2 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
55578000 usd
CY2024Q2 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
105175000 usd
CY2024Q2 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
98034000 usd
CY2024Q2 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
79733000 usd
CY2024Q2 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
60743000 usd
CY2024Q2 hct Lessor Operating Lease Paymenttobe Receivedafter Year Four
LessorOperatingLeasePaymenttobeReceivedafterYearFour
229660000 usd
CY2024Q2 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
628923000 usd
CY2024Q2 hct Operating Lease Net Investmentin Lease Credit Loss Expense Reversal
OperatingLeaseNetInvestmentinLeaseCreditLossExpenseReversal
600000 usd
hct Operating Lease Net Investmentin Lease Credit Loss Expense Reversal
OperatingLeaseNetInvestmentinLeaseCreditLossExpenseReversal
800000 usd
CY2023Q2 hct Operating Lease Net Investmentin Lease Credit Loss Expense Reversal
OperatingLeaseNetInvestmentinLeaseCreditLossExpenseReversal
400000 usd
hct Operating Lease Net Investmentin Lease Credit Loss Expense Reversal
OperatingLeaseNetInvestmentinLeaseCreditLossExpenseReversal
700000 usd
CY2023Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
0 usd
CY2024Q2 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
0 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2024Q2 hct Numberof Senior Housing Communities
NumberofSeniorHousingCommunities
45 property
CY2023 hct Number Of Intercompany Leases Modified
NumberOfIntercompanyLeasesModified
26 lease
hct Deferred Tax Asset Valuation Allowance Percentage
DeferredTaxAssetValuationAllowancePercentage
1
CY2024Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
9000000 usd
CY2023Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
8100000 usd
CY2024Q2 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
207 property
CY2024Q2 hct Real Estate Investment At Cost Relating To Notes Payable
RealEstateInvestmentAtCostRelatingToNotesPayable
1400000000 usd
CY2024Q2 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
28 encumberedproperty
CY2024Q2 us-gaap Line Of Credit
LineOfCredit
365101000 usd
CY2024Q2 us-gaap Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
0.0790
CY2024Q2 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
2600000000 usd
CY2024Q2 hct Real Estate Investment At Cost Relating To Notes Payable
RealEstateInvestmentAtCostRelatingToNotesPayable
1400000000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
3480000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
19039000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
735840000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
922000 usd
CY2024Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
116908000 usd
CY2024Q2 hct Long Term Debt Maturityafter Year Four
LongTermDebtMaturityafterYearFour
317207000 usd
CY2024Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1193396000 usd
CY2024Q2 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
17752000 usd
CY2023Q2 us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
18703000 usd
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
34135000 usd
us-gaap Interest Expense Nonoperating
InterestExpenseNonoperating
34488000 usd
CY2024Q2 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
900000 usd
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
2800000 usd
CY2023Q2 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
300000 usd
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
100000 usd
hct Derivative Instruments Not Designated As Hedging Instruments Cash Received
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsCashReceived
3600000 usd
hct Derivative Instruments Not Designated As Hedging Instruments Cash Received
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsCashReceived
2300000 usd
CY2024Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
31568000 usd
CY2024Q2 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
0 usd
CY2024Q2 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
0 usd
CY2024Q2 us-gaap Derivative Assets
DerivativeAssets
31568000 usd
CY2024Q2 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
0 usd
CY2024Q2 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0 usd
CY2024Q2 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
31568000 usd
CY2024Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
113238180 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
111545018 shares
us-gaap Common Stock Dividends Shares
CommonStockDividendsShares
20700000 shares
CY2023 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
0 shares
CY2024Q2 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
0 shares
hct Stock Repurchase Program Share Price Percentage Of Estimated Per Share Nav
StockRepurchaseProgramSharePricePercentageOfEstimatedPerShareNAV
1
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
4896620 shares
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
20.60
hct Drip Periodof Noticeto Alter Agreement
DRIPPeriodofNoticetoAlterAgreement
P10D
CY2023 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
0 shares
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
0 shares
CY2020Q4 us-gaap Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
1 shares
CY2018Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.85
CY2020Q4 us-gaap Stock Dividends Shares
StockDividendsShares
0.013492 shares
CY2021Q1 us-gaap Stock Dividends Shares
StockDividendsShares
0.013492 shares
CY2021Q2 us-gaap Stock Dividends Shares
StockDividendsShares
0.014655 shares
CY2021Q3 us-gaap Stock Dividends Shares
StockDividendsShares
0.014655 shares
CY2021Q4 us-gaap Stock Dividends Shares
StockDividendsShares
0.014655 shares
CY2022Q1 us-gaap Stock Dividends Shares
StockDividendsShares
0.014655 shares
CY2022Q2 us-gaap Stock Dividends Shares
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us-gaap Revenues
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CY2024Q2 us-gaap Gross Profit
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CY2023Q2 us-gaap Gross Profit
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us-gaap Gross Profit
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CY2023Q2 us-gaap Impairment Of Real Estate
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us-gaap Impairment Of Real Estate
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BusinessCombinationAcquisitionRelatedCosts
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BusinessCombinationAcquisitionRelatedCosts
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CY2024Q2 us-gaap General And Administrative Expense
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us-gaap General And Administrative Expense
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us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
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CY2024Q2 us-gaap Depreciation And Amortization
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CY2023Q2 us-gaap Depreciation And Amortization
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us-gaap Depreciation And Amortization
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us-gaap Depreciation And Amortization
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CY2024Q2 us-gaap Gains Losses On Sales Of Investment Real Estate
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CY2023Q2 us-gaap Income Tax Expense Benefit
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CY2024Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2024Q2 us-gaap Dividends Preferred Stock
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CY2023Q2 us-gaap Dividends Preferred Stock
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us-gaap Dividends Preferred Stock
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CY2024Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2024Q2 us-gaap Real Estate Investment Property Net
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CY2024Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
29461000 usd
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CashAndCashEquivalentsAtCarryingValue
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CY2024Q2 us-gaap Restricted Cash
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CY2023Q4 us-gaap Restricted Cash
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CY2024Q2 us-gaap Deferred Rent Receivables Net Noncurrent
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26171000 usd
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CY2023Q4 us-gaap Prepaid Expense And Other Assets
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CY2024Q2 us-gaap Deferred Costs Current And Noncurrent
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CY2023Q4 us-gaap Deferred Costs Current And Noncurrent
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CY2024Q2 us-gaap Assets
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CY2023Q4 us-gaap Assets
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hct Lessee Operating Lease Number Of Contracts
LesseeOperatingLeaseNumberOfContracts
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LesseeFinanceLeaseNumberOfContracts
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LesseeOperatingLeaseNumberOfContracts
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hct Lessee Operating Lease Renewal Term Excluded
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CY2024Q2 us-gaap Operating Lease Right Of Use Asset
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CY2024Q2 us-gaap Operating Lease Liability
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CY2024Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2024Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
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us-gaap Operating Lease Payments
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us-gaap Operating Lease Payments
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us-gaap Operating Lease Cost
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CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
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CY2024Q2 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
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CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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CY2024Q2 hct Lessee Operating Lease Liabilitytobe Paid Dueafter Year Four
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CY2024Q2 hct Finance Lease Liabilitytobe Paid Dueafter Year Four
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CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due
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CY2024Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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CY2024Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
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CY2024Q2 us-gaap Operating Lease Liability
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CY2024Q2 us-gaap Finance Lease Liability
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CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
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CY2024Q2 ecd Rule10b51 Arr Adopted Flag
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CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
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false

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