10-Q
Quarterly Report
AMERICAN HEALTHCARE REIT, INC.
AHR
NYSE
CIK: 1632970
File #: 001-41951
Balance Sheet
60 line items · 2 periods
XBRL
| Item | Jun 30, 2024 | Dec 31, 2023 |
|---|---|---|
ASSETS | ||
Real estate investments, net | 3,509,526,000 | 3,425,438,000 |
United States | 3,467,062,000 | 3,382,115,000 |
International | 42,464,000 | 43,323,000 |
Debt security investment, net | 89,058,000 | 86,935,000 |
Cash and cash equivalents | 52,087,000 | 43,445,000 |
Restricted cash | 45,515,000 | 47,337,000 |
Accounts and other receivables, net | 201,030,000 | 185,379,000 |
Identified intangible assets, net | 179,458,000 | 180,470,000 |
Goodwill | 234,942,000 | 234,942,000 |
2024 Acquisitions | 0 | — |
Integrated senior health campuses | 168,177,000 | 168,177,000 |
OM | 47,812,000 | 47,812,000 |
Triple-net leased properties | 18,953,000 | 18,953,000 |
Operating lease right-of-use assets, net | 177,367,000 | 227,846,000 |
2024 Acquisitions | 40,854,000 | — |
Other assets, net | 155,632,000 | 146,141,000 |
Total assets | 4,644,615,000 | 4,577,933,000 |
Integrated senior health campuses | 2,210,473,000 | 2,197,762,000 |
OM | 1,204,115,000 | 1,232,310,000 |
SHOP | 707,845,000 | 630,373,000 |
Triple-net leased properties | 496,414,000 | 502,836,000 |
Other | 25,768,000 | 14,652,000 |
LIABILITIES, REDEEMABLE NONCONTROLLING INTEREST AND EQUITY | ||
Liabilities: | ||
Mortgage loans payable, net | 1,228,597,000 | 1,302,396,000 |
Lines of credit and term loan, net | 783,873,000 | 1,223,967,000 |
Line of Credit - 2024 Credit Agreement | 668,000,000 | — |
Revolving Credit Facility - 2019 Trilogy Credit Facility | 116,500,000 | 309,823,000 |
Line of Credit - 2022 Credit Agreement | — | 914,900,000 |
Accounts payable and accrued liabilities | 253,657,000 | 242,905,000 |
Identified intangible liabilities, net | 5,533,000 | 6,095,000 |
Below-Market Lease | 5,533,000 | 6,095,000 |
Financing obligations | 40,444,000 | 41,756,000 |
Operating lease liabilities | 178,587,000 | 225,502,000 |
2024 Acquisitions | 37,999,000 | — |
Security deposits, prepaid rent and other liabilities | 49,811,000 | 76,134,000 |
Total liabilities | 2,540,502,000 | 3,118,755,000 |
Redeemable noncontrolling interests | 220,000 | 33,843,000 |
Equity: | ||
Stockholders’ equity: | ||
Preferred Stock | 0 | 0 |
Common Stock | 644,000 | 0 |
Common Class T | 195,000 | 194,000 |
Common Class I | 467,000 | 467,000 |
Additional paid-in capital | 3,278,806,000 | 2,548,307,000 |
Accumulated deficit | (1,344,285,000) | (1,276,222,000) |
Accumulated other comprehensive loss | (2,456,000) | (2,425,000) |
Total stockholders’ equity | 1,933,371,000 | 1,270,321,000 |
Noncontrolling interests | 170,522,000 | 155,014,000 |
Total equity | 2,103,893,000 | 1,425,335,000 |
Common Stock - Common Stock | 644,000 | 0 |
Common Class T - Common Stock | 195,000 | 194,000 |
Common Class I - Common Stock | 467,000 | 467,000 |
Additional Paid-In Capital | 3,278,806,000 | 2,548,307,000 |
Accumulated Deficit | (1,344,285,000) | (1,276,222,000) |
Accumulated Other Comprehensive Loss | (2,456,000) | (2,425,000) |
Total Stockholders' Equity | 1,933,371,000 | 1,270,321,000 |
Noncontrolling Interests | 170,522,000 | 155,014,000 |
Total liabilities, redeemable noncontrolling interests and equity | 4,644,615,000 | 4,577,933,000 |