Form 10 Explorer
10-K
Annual Report
AMERICAN HEALTHCARE REIT, INC.

AHR

NYSE

CIK: 1632970

File #: 001-41951

Period End: Dec 31, 2025

Fiscal Year: 2025

View on EDGAR
Balance Sheet
57 line items · 2 periods
XBRL
ItemDec 31, 2025Dec 31, 2024
ASSETS
Real estate investments, net
4,183,419,0003,366,648,000
International
43,250,00041,666,000
United States
4,140,169,0003,324,982,000
Debt security investment, net
92,136,00091,264,000
Cash and cash equivalents
114,836,00076,702,000
Restricted cash
36,917,00046,599,000
Accounts and other receivables, net
204,313,000211,104,000
Identified intangible assets, net
253,236,000161,473,000
Goodwill
234,942,000234,942,000
Integrated Senior Health Campuses
168,177,000168,177,000
Outpatient Medical
47,812,00047,812,000
Triple-Net Leased Properties
18,953,00018,953,000
Operating lease right-of-use assets, net
135,399,000163,987,000
2024 Asset Acquisitions
40,854,000
2025 Asset Acquisitions
10,660,000
Other assets, net
171,028,000135,338,000
Total assets
5,426,226,0004,488,057,000
Integrated Senior Health Campuses
2,666,245,0002,202,582,000
SHOP
1,293,612,000729,466,000
Other
23,607,00013,442,000
Outpatient Medical
1,048,810,0001,140,785,000
Triple-Net Leased Properties
393,952,000401,782,000
LIABILITIES, REDEEMABLE NONCONTROLLING INTEREST AND EQUITY
Liabilities:
Mortgage loans payable, net
966,925,000982,071,000
Lines of credit and term loan, net
549,761,000688,534,000
Revolving Credit Facility - 2023 Trilogy Credit Facility
32,000
Line of Credit - 2024 Credit Agreement
550,000,000689,000,000
Revolving Credit Facility - 2025 Trilogy Credit Facility
0
Accounts payable and accrued liabilities
317,742,000258,324,000
Identified intangible liabilities, net
2,110,0003,001,000
Below-Market Lease
2,110,0003,001,000
Financing obligations
33,902,00034,870,000
Operating lease liabilities
135,603,000165,239,000
2024 Asset Acquisitions
37,999,000
2025 Asset Acquisitions
12,437,000
Security deposits, prepaid rent and other liabilities
59,568,00051,856,000
Total liabilities
2,065,611,0002,183,895,000
Redeemable noncontrolling interests
0220,000
Equity:
Stockholders’ equity:
Preferred Stock
00
Common Stock
1,852,0001,564,000
Additional paid-in capital
4,880,169,0003,720,268,000
Accumulated deficit
(1,559,279,000)(1,458,089,000)
Accumulated other comprehensive loss
(2,104,000)(2,512,000)
Total stockholders’ equity
3,320,638,0002,261,231,000
Noncontrolling interests
39,977,00042,711,000
Total equity
3,360,615,0002,303,942,000
Accumulated Deficit
(1,559,279,000)(1,458,089,000)
Accumulated Other Comprehensive Loss
(2,104,000)(2,512,000)
Non-controlling Interests
39,977,00042,711,000
Additional Paid-In Capital
4,880,169,0003,720,268,000
Total Stockholders' Equity
3,320,638,0002,261,231,000
Common Stock
1,852,0001,564,000
Total liabilities, redeemable noncontrolling interests and equity
5,426,226,0004,488,057,000
AMERICAN HEALTHCARE REIT, INC. (AHR) — 10-K Filing | Form 10 Explorer