For the quarter ending 2025-09-30, GMRE has $1,273,238K in assets. $767,410K in debts. $7,123K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Land | 171,349 | 173,123 | ||
| Building | 1,087,622 | 1,095,324 | ||
| Site improvements | 25,065 | 24,966 | ||
| Tenant improvements | 79,979 | 80,019 | ||
| Acquired lease intangible assets | 144,696 | 147,376 | ||
| Investment in real estate, total | 1,508,711 | 1,520,808 | ||
| Less accumulated depreciation and amortization | 327,248 | 316,649 | ||
| Investment in real estate, net | 1,181,463 | 1,204,159 | ||
| Cash and cash equivalents | 7,123 | 6,580 | ||
| Restricted cash | 2,717 | 2,646 | ||
| Tenant receivables, net | 7,945 | 7,826 | ||
| Due from related parties-Related Party | 367 | 461 | ||
| Escrow deposits | 552 | 556 | ||
| Deferred assets | 29,205 | 28,672 | ||
| Derivative asset | 7,467 | 10,396 | ||
| Goodwill | 5,903 | 5,903 | ||
| Investment in unconsolidated joint venture | 1,846 | 1,917 | ||
| Other assets | 28,650 | 27,843 | ||
| Total assets | 1,273,238 | 1,296,959 | ||
| Credit facility, net of unamortized debt issuance costs of 3,218 and 4,868 at september 30, 2025 and december 31, 2024, respectively | 708,482 | 698,832 | ||
| Notes payable, net of unamortized debt issuance costs of 22 at december 31, 2024 | 1,153 | 14,153 | ||
| Accounts payable and accrued expenses | 17,808 | 19,006 | ||
| Dividends payable | 12,051 | 11,985 | ||
| Security deposits | 3,512 | 3,407 | ||
| Other liabilities-Related Party | - | 0 | ||
| Other liabilities | 18,888 | 18,438 | ||
| Acquired lease intangible liability, net | 5,516 | 6,117 | ||
| Total liabilities | 767,410 | 771,938 | ||
| Preferred stock, 0.001 par value, 10,000 shares authorized 3,105 issued and outstanding at september 30, 2025 and december 31, 2024, respectively (liquidation preference of 77,625 at september 30, 2025 and december 31, 2024, respectively) | 74,959 | 74,959 | ||
| Common stock, 0.001 par value, 100,000 shares authorized 13,407 shares and 13,374 shares issued and outstanding at september 30, 2025 and december 31, 2024, respectively | 13 | 67 | ||
| Additional paid-in capital | 735,416 | 734,290 | ||
| Accumulated deficit | -332,566 | -316,510 | ||
| Accumulated other comprehensive income (loss) | 7,467 | 10,396 | ||
| Total global medical reit inc. stockholders' equity | 485,289 | 503,202 | ||
| Noncontrolling interest | 20,539 | 21,819 | ||
| Total equity | 505,828 | 525,021 | ||
| Total liabilities and equity | 1,273,238 | 1,296,959 | ||
Global Medical REIT Inc. (GMRE)
Global Medical REIT Inc. (GMRE)