Global Medical REIT Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

SCHEDULE III-CONSOLIDATED REAL ESTATE AND ACCUMULATED DEPRECIATION

SCHEDULE III-CONSOLIDATED REAL ESTATE AND ACCUMULATED DEPRECIATION

12 Months Ended

Dec. 31, 2021

SCHEDULE III-CONSOLIDATED REAL ESTATE AND ACCUMULATED DEPRECIATION

SCHEDULE III-CONSOLIDATED REAL ESTATE AND ACCUMULATED DEPRECIATION

(a)(2)

Financial Statement Schedule

SCHEDULE III

CONSOLIDATED REAL ESTATE AND ACCUMULATED DEPRECIATION

(dollars and OP Units in thousands)


						Costs Capitalized
						Subsequent to
		Initial Costs				Acquisition				Gross Value at Close of Period
																				Life on
																				Which
																				Depreciation
																				in Income
	Encumb-	Land &		Building		Land &		Building		Land &		Building		Total		Acc Depr at		Year Built	Year	Statement is
Description	rances	Improv		& Improv		Improv		& Improv		Improv		& Improv		Assets		12.31.21		/ Renov	Acquired	Computed
Omaha-LTACH		$	—	$	21,867	$	—	$	—	$	—	$	21,867	$	21,867	$	4,138	2008	2014	(1)
Asheville-ASC			572		1,934		—		—		572		1,934		2,506		353	2002	2014	(1)
Pittsburgh-MOB/ASC			1,287		10,322		—		—		1,287		10,322		11,609		1,617	2006	2015	(1)
Memphis-MOB/ASC	(4)		2,705		17,451		—		—		2,705		17,451		20,156		2,603	(7)	2015	(1)
Plano-Surgical Hospital	(4)		1,050		16,696		—		—		1,050		16,696		17,746		2,474	2013	2016	(1)
Westland-MOB/ASC	(4)		230		4,520		—		—		230		4,520		4,750		650	2009	2016	(1)
Melbourne-MOB/ Imaging	(4)		1,200		14,250		—		—		1,200		14,250		15,450		2,049	2012	2016	(1)
Reading-MOB/ASC			1,440		7,940		—		—		1,440		7,940		9,380		1,082	1992/2002	2016	(1)
East Orange-MOB			2,150		10,112		—		500		2,150		10,612		12,762		1,335	1996	2016	(1)(2)
Watertown- MOB/ Imaging			1,100		8,002		45		249		1,145		8,251		9,396		1,086	2011/2015	2016	(1)(2)(3)
Sandusky-MOB			791		10,710		—		—		791		10,710		11,501		1,523	(8)	2016/2017	(1)
Carson City-MOB			760		3,268		—		—		760		3,268		4,028		423	1991	2016	(1)
Ellijay-MOB			914		3,337		—		—		914		3,337		4,251		654	2015	2016	(1)(2)(3)
Altoona-IRF			1,184		18,505		—		—		1,184		18,505		19,689		2,654	2000	2016	(1)(2)(3)
Mechanicsburg-IRF			810		21,451		—		—		810		21,451		22,261		3,003	2011	2016	(1)(2)(3)
Mesa-IRF			3,620		16,265		—		—		3,620		16,265		19,885		2,670	2011	2016	(1)(2)(3)
Lewisburg-MOB/ Imaging			681		6,114		—		—		681		6,114		6,795		1,185	2006	2017	(1)(2)(3)
Cape Coral-MOB			353		7,017		—		—		353		7,017		7,370		696	2007	2017	(1)
Las Cruces-MOB (Vacant)			397		4,618		40		32		437		4,650		5,087		655	2012	2017	(1)(2)(3)
Clermont-MOB			145		4,422		—		—		145		4,422		4,567		514	2014	2017	(1)(2)(3)
Oklahoma City-Surgical Hospital/ Physical Therapy/ASC			2,953		38,724		—		—		2,953		38,724		41,677		5,314	2002/2007	2017	(1)(2)(3)
Brockport-MOB			693		7,097		—		—		693		7,097		7,790		1,085	2011	2017	(1)(2)(3)
Flower Mound-ASC			730		3,155		—		—		730		3,155		3,885		483	2014	2017	(1)(2)(3)
Sherman-IRF/ LTACH			1,601		25,011		—		2,447		1,601		27,458		29,059		3,115	2009	2017	(1)(2)

Lubbock-MOB		1,566	5,725	—	—	1,566	5,725	7,291	994	2004	2017	(1)(2)(3)
Germantown-MOB/ASC		3,050	8,385	—	—	3,050	8,385	11,435	1,504	2002	2017	(1)(2)(3)
Austin-IRF		7,223	29,616	—	—	7,223	29,616	36,839	3,272	2012	2017	(1)(2)(3)
Fort Worth-MOB		1,738	3,726	—	—	1,738	3,726	5,464	540	2016	2017	(1)(2)(3)
Albertville-MOB		1,154	4,444	193	—	1,347	4,444	5,791	971	2007	2017	(1)(2)(3)
Moline-MOB/ASC		854	9,237	—	—	854	9,237	10,091	1,303	2004	2017	(1)(2)(3)
Lee’s Summit-MOB		571	2,929	—	—	571	2,929	3,500	622	2007	2017	(1)(2)(3)
Amarillo-MOB		1,437	7,254	—	—	1,437	7,254	8,691	659	2011	2017	(1)
Wyomissing-MOB		487	5,250	—	—	487	5,250	5,737	467	2004	2017	(1)
Saint George-MOB/ASC		435	5,372	—	76	435	5,448	5,883	540	1997	2017	(1)(2)
Silvis-MOB		249	5,862	—	641	249	6,503	6,752	1,065	1997/2006	2018	(1)(2)(3)
Fremont-MOB		162	8,335	—	—	162	8,335	8,497	773	2018	2018	(1)
Gainesville-MOB/ASC		625	9,885	—	554	625	10,439	11,064	981	2002	2018	(1)(2)
East Dallas-Acute Hospital		6,272	17,012		1,450	6,272	18,462	24,734	2,174	1994	2018	(1)(2)
Orlando-MOB		3,075	11,944	—	95	3,075	12,039	15,114	1,465	2007/2008/ 2009	2018	(1)(2)(3)
Belpre-MOB/ Imaging/ER/ ASC		3,997	53,520	—	—	3,997	53,520	57,517	5,421	2011/ 2013/2014/ 2017	2018	(1)(2)(3)
McAllen-MOB		1,099	4,296	—	—	1,099	4,296	5,395	500	2000	2018	(1)
Derby-ASC		567	2,585	—	55	567	2,640	3,207	377	2005	2018	(1)(2)(3)
Bountiful-MOB		720	4,185	—	65	720	4,250	4,970	361	2004	2018	(1)(2)
Cincinnati-MOB		1,823	1,811	—	—	1,823	1,811	3,634	414	2016	2018	(1)(2)(3)
Melbourne Pine-Cancer Center		732	5,980	—	649	732	6,629	7,361	610	1993	2018	(1)(2)(3)
Southern IL-MOB		1,830	12,660	—	—	1,830	12,660	14,490	1,137	(9)	2018	(1)
Vernon-MOB/ Dialysis/ Administrative		1,166	9,929	—	—	1,166	9,929	11,095	1,021	1993/1999	2018	(1)
Corona-MOB		1,601	14,689	—	—	1,601	14,689	16,290	1,103	2009	2018	(1)
Zachary-LTACH		103	3,745	—	—	103	3,745	3,848	324	2015	2019	(1)(2)(3)
Chandler -MOB/ASC		4,616	11,643	—	31	4,616	11,674	16,290	979	2004/2007/ 2015	2019	(1)(2)
Surprise-IRF		1,966	22,856	3	—	1,969	22,856	24,825	2,132	2015	2019	(1)(2)(3)
South Bend-IRF		1,998	11,882	—	—	1,998	11,882	13,880	1,679	2009	2019	(1)(2)(3)
Las Vegas-IRF		2,723	17,482	—	—	2,723	17,482	20,205	2,183	2007	2019	(1)(2)(3)
Oklahoma Northwest-IRF		2,507	22,545	—	6,814	2,507	29,359	31,866	2,201	2012	2019	(1)(2)(3)
San Marcos-Cancer Center		2,448	7,338	—	—	2,448	7,338	9,786	602	2009	2019	(1)(2)(3)
Lansing-MOB/ASC		1,387	8,348	187	99	1,574	8,447	10,021	941	1997/2000/2002	2019	(1)(2)(3)
Bannockburn-MOB		895	4,700	84	268	979	4,968	5,947	907	1999	2019	(1)(2)(3)
Aurora-Office		1,829	8,049	—	—	1,829	8,049	9,878	788	2015	2019	(1)(2)(3)
Livonia-MOB/Urgent Care		1,181	8,071	—	388	1,181	8,459	9,640	1,192	1995	2019	(1)(2)(3)
Gilbert-MOB/ASC		2,470	2,389	—	—	2,470	2,389	4,859	246	2006	2019	(1)(2)(3)
Morgantown-Office		1,256	5,792	—	—	1,256	5,792	7,048	468	2019	2019	(1)(2)(3)
Beaumont-Surgical Hospital		3,421	25,872	—	—	3,421	25,872	29,293	1,625	2013	2019	(1)(2)(3)
Bastrop-Freestanding ED		2,039	8,712	—	—	2,039	8,712	10,751	610	2012	2019	(1)(2)(3)
Panama City-MOB/ASC		1,779	9,718	—	—	1,779	9,718	11,497	787	2008/2009/ 2019	2019	(1)(2)(3)
Jacksonville-MOB		1,023	7,846	—	—	1,023	7,846	8,869	438	2003/2004	2019	(1)
Greenwood-MOB/ASC		892	4,956	—	—	892	4,956	5,848	396	1986	2019	(1)
Clinton-MOB/ASC		1,006	8,129	—	95	1,006	8,224	9,230	1,389	1964	2020	(1)(2)(3)
High Point-MOB		2,189	21,236	—	—	2,189	21,236	23,425	1,562	2007	2020	(1)(2)(3)
West Allis-MOB		1,111	7,785	—	—	1,111	7,785	8,896	462	1999	2020	(1)(2)(3)
Grand Rapids-MOB/ASC		3,421	17,810	292	334	3,713	18,144	21,857	1,336	1988/ 1992/2000/ 2006	2020	(1)(2)(3)
Dumfries-MOB	(5)	2,886	14,863	—	—	2,886	14,863	17,749	2,351	2019	2020	(1)(2)(3)
Centerville -MOB		160	4,410	—	—	160	4,410	4,570	183	2018	2020	(1)(2)(3)
Fairfax-MOB		7,112	9,621	—	1,026	7,112	10,647	17,759	844	2019	2020	(1)(2)(3)
Rosedale-MOB	(6)	3,423	17,646	—	—	3,423	17,646	21,069	951	2014/2017	2020	(1)(2)(3)
Lancaster-Plasma Center		805	4,385	—	—	805	4,385	5,190	181	2009	2020	(1)(2)(3)
Winston Salem-MOB		1,778	6,714	—	—	1,778	6,714	8,492	348	2009	2020	(1)(2)(3)
Decatur-MOB		1,626	2,706	—	—	1,626	2,706	4,332	136	2010	2020	(1)(2)(3)
Jackson-MOB		895	4,730	—	—	895	4,730	5,625	184	2009	2020	(1)(2)(3)
Sheboygan-MOB		583	6,223	—	—	583	6,223	6,806	242	2005	2020	(1)(2)(3)
Plymouth-MOB		758	5,214	—	—	758	5,214	5,972	186	2010	2020	(1)(2)(3)
Spring Hill-MOB/Img		3,893	12,954	—	—	3,893	12,954	16,847	536	2013/2017/ 2019	2020	(1)(2)(3)
Cape Girardeau-ASC		1,223	4,865	—	—	1,223	4,865	6,088	199	2002	2020	(1)(2)(3)
Yuma-MOB		1,349	4,989	—	—	1,349	4,989	6,338	229	2013	2020	(1)(2)(3)
Las Vegas-MOB/ASC		311	6,813	—	—	311	6,813	7,124	171	2007/2015	2020	(1)
Pensacola-MOB/ASC		2,118	6,153	—	—	2,118	6,153	8,271	285	1985/1997	2020	(1)(2)(3)
Venice-MOB		1,896	4,537	—	—	1,896	4,537	6,433	201	2008	2020	(1)(2)(3)
El Paso-MOB		970	7,709	—	150	970	7,859	8,829	237	2008	2021	(1)(2)(3)

West El Paso-MOB/ASC		995		7,727		—		—		995		7,727		8,722		219	2015/2018	2021	(1)(2)(3)
Syracuse-MOB		744		4,881		25		—		769		4,881		5,650		171	2012	2021	(1)(2)(3)
Fort Worth-Behavioral Hospital		1,960		13,453		—		—		1,960		13,453		15,413		290	2013	2021	(1)(2)(3)
Coos Bay-MOB		917		5,145		—		—		917		5,145		6,062		106	2009	2021	(1)(2)(3)
Port Saint Lucie-MOB/ASC		660		3,768		—		—		660		3,768		4,428		107	1990	2021	(1)(2)(3)
Dallas-MOB/ASC		3,164		3,062		—		—		3,164		3,062		6,226		105	1989	2021	(1)(2)(3)
Cape Coral-MOB		6,103		21,287		—		—		6,103		21,287		27,390		594	1991/1999/ 2004/2007	2021	(1)(2)(3)
East Grand Forks-MOB		1,123		7,063		—		—		1,123		7,063		8,186		273	2004	2021	(1)(2)(3)
Tallahassee-MOB		919		7,107		—		—		919		7,107		8,026		129	2002	2021	(1)(2)(3)
Caledonia-MOB		648		2,765		—		—		648		2,765		3,413		52	2007	2021	(1)(2)(3)
North Charleston-MOB		1,033		5,049		—		—		1,033		5,049		6,082		78	2002	2021	(1)(2)(3)
Forsyth-MOB/Imaging		1,902		10,083		—		—		1,902		10,083		11,985		172	2003	2021	(1)(2)(3)
Munster-MOB/ASC		941		4,842		—		—		941		4,842		5,783		74	2005	2021	(1)(2)(3)
Athens-MOB		622		4,169		—		—		622		4,169		4,791		49	2003	2021	(1)(2)(3)
Hialeah-MOB		264		10,349		—		—		264		10,349		10,613		245	2019	2021	(1)(2)(3)
Oklahoma City-MOB		988		6,334		—		—		988		6,334		7,322		—	2001	2021	(1)(2)(3)
Mentor-MOB		2,603		6,544		—		—		2,603		6,544		9,147		—	1991	2021	(1)(2)(3)
Athens 200-MOB		369		1,470		—		—		369		1,470		1,839		—	2000	2021	(1)(2)(3)
Lemoyne-MOB/Imaging		412		4,020		—		—		412		4,020		4,432		—	1990/2000	2021	(1)(2)(3)

Totals	$	170,212	$	1,027,973	$	869	$	16,018	$	171,081	$	1,043,991	$	1,215,072	$	103,010

The cost basis for income tax purposes of aggregate gross land, building, site improvements, and tenant improvements as of December 31, 2021 was $1,337 million.

(1) Estimated remaining useful life for buildings is 18 to 49 years.

(2) Estimated remaining useful life for tenant improvements is 1 to 16 years.

(3) Estimated remaining useful life for site improvements is 1 to 13 years.

(4) The facility serves as collateral for the Cantor Loan, which had a balance of $31,815 as of December 31, 2021.

(5) The facility serves as collateral for the Dumfries note, which had a balance of $11,624 as of December 31, 2021.

(6) The facility serves as collateral for the Rosedale note, which had a balance of $14,330 as of December 31, 2021.

(7) Years of: 2001, 1984, 2003, 2006, 2009, 2011.

(8) Years of: 1953, 1982, 2000, 1998, 2017.

(9) Years of: 2002, 2006, 2012, 2014, 2015, 2016.


	Year Ended December 31,
	2021		2020		2019
Real Estate Assets:
Balance, beginning of period	$	1,044,671	$	832,735	$	604,398
Additions through acquisitions		175,013		211,936		228,337
Deductions		(4,612)		—		—
Balance, end of period	$	1,215,072	$	1,044,671	$	832,735

Accumulated Depreciation:
Balance, beginning of period	$	69,563	$	42,828	$	23,762
Additions through expense		33,801		26,735		19,066
Deductions		(354)		—		—
Balance, end of period	$	103,010	$	69,563	$	42,828