Global medical reit inc. (GMRE)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Nov'14Sep'14Aug'14Jun'14May'14Mar'14Feb'14Nov'13Aug'13May'13Feb'13Nov'12Aug'12May'12Feb'12Nov'11Aug'11May'11
Revenue
Rental revenue

21,533

-

18,117

-

15,141

-

13,995

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Rental revenue

-

-

-

16,835

-

-

-

13,240

11,556

-

7,922

6,667

4,629

3,085

1,932

1,762

1,298

656

482

455

454

596

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Expense recoveries

-

-

-

-

-

-

-

-

-

-

444

698

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income

116

29

78

45

59

29

8

9

8

-

23

58

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Expense recoveries

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income

-

-

-

-

-

-

-

-

-

-

-

-

30

-

70

7

15

0

4

0

7

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Rental revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

445

408

-

113

-

0

-

0

-

-

-

-

-

-

-

-

-

-

Other income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

-

0

-

0

-

-

-

-

-

-

-

-

-

-

Total revenue

21,649

20,451

18,195

16,880

15,200

14,376

14,003

13,249

11,564

9,873

8,389

7,423

4,659

3,123

2,002

1,770

1,314

656

487

455

462

596

445

409

-

113

-

0

-

0

-

-

-

-

-

-

-

-

-

-

Expenses
General and administrative

1,839

1,609

1,681

1,640

1,606

1,369

1,395

1,768

1,005

1,069

990

1,835

1,595

1,241

1,720

368

888

133

150

76

64

182

-

51

-

443

6

11

13

-

-37

6

3

27

16

25

0

7

0

0

Operating expenses

2,303

2,130

1,362

1,143

1,323

994

941

680

1,105

626

464

747

23

-

1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Management fees - related party

2,002

1,727

1,621

1,584

1,334

1,142

1,104

1,095

1,081

1,064

804

628

627

626

627

90

90

90

90

90

90

120

90

90

-

90

-

0

-

0

-

-

-

-

-

-

-

-

-

-

General and administrative

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

153

-

-

-

-

-

-

7

-

-

-

-

-

-

-

-

-

-

Depreciation expense

5,836

5,585

5,006

4,608

3,867

3,679

3,614

3,445

2,906

2,556

2,176

1,851

1,346

806

585

544

398

213

153

141

152

200

149

138

-

38

-

0

-

0

-

-

-

-

-

-

-

-

-

-

Amortization expense

1,921

1,812

1,500

1,255

1,002

981

953

926

765

746

523

459

344

42

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense

4,378

4,766

4,549

4,132

4,025

4,294

4,055

3,942

2,684

2,171

2,174

1,990

1,100

695

1,051

1,262

1,129

530

363

280

344

454

335

314

-

91

-

0

-

0

-

-

-

-

-

-

-

-

-

-

Management internalization expense

504

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Preacquisition fees

49

-

168

56

-

89

168

9

117

393

652

536

942

1,568

0

0

0

-227

227

0

0

48

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition fees – related party

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

754

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total expenses

18,832

17,676

15,887

14,418

13,157

12,547

12,230

11,865

9,663

8,625

7,783

8,046

5,977

5,053

3,985

2,264

3,260

1,447

984

588

650

1,006

728

594

1,004

662

6

11

13

7

-37

6

3

27

16

25

0

7

0

0

Income (Loss) before gain on sale of investment Property

-

-

-

-

-

1,829

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of investment property

-

-

-

-

-

7,675

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

2,817

2,775

2,308

2,462

2,043

9,504

1,773

1,384

1,901

1,248

606

-623

-1,318

-1,929

-1,982

-494

-1,946

-790

-497

-132

-188

-409

-

-

-

-

-

-11

-

-

-

-

-

-

-

-25

-

-7

-0

-0

Less: Preferred stock dividends

1,455

1,457

1,455

1,455

1,455

1,455

1,455

1,455

1,455

1,455

259

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less: Net income attributable to noncontrolling interest

107

108

83

103

60

-1,013

32

-7

35

-15

-34

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to common stockholders

1,255

1,210

770

904

528

7,036

286

-64

411

-192

381

-623

-1,318

-

-1,982

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-283

-185

-

-548

-6

-

-13

-7

-7

-6

-3

-27

-

-

-0

-

-

-

Net income attributable to common stockholders per share - basic and diluted

0.03

0.03

0.02

0.03

0.02

0.31

0.01

0.00

0.02

0.00

0.02

-0.04

-0.07

2.89

-0.11

-0.35

-3.11

-3.17

-1.99

-0.53

-0.75

-1.64

-1.13

-1.08

-13.11

-27.45

0.00

-0.57

0.00

-0.38

-2.32

0.00

0.00

0.00

0.01

0.00

0.00

0.00

-

-

Weighted average shares outstanding - basic and diluted

44,182

38,009

35,512

34,559

27,380

22,815

21,797

21,631

21,631

21,696

21,522

17,644

17,606

17,784

17,371

1,426

624

250

250

250

250

250

250

172

-15,826

20

8,000

20

8,000

20

-22,889

8,000

7,654

7,313

-

5,500

-

-

-

-

Weighted Average Shares Outstanding

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,500

5,500

-

-