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, 2022

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		12.31.22		/ Renov	Acquired	Computed
Omaha-LTACH		$	—	$	21,867	$	—	$	—	$	—	$	21,867	$	21,867	$	4,685	2008	2014	(1)
Asheville-ASC			572		1,934		—		—		572		1,934		2,506		401	2002	2014	(1)
Pittsburgh-MOB/ASC			1,287		10,322		—		—		1,287		10,322		11,609		1,876	2006	2015	(1)
Memphis-MOB/ASC	(4)		2,705		17,451		—		—		2,705		17,451		20,156		3,039	(7)	2015	(1)
Plano-Surgical Hospital	(4)		1,050		16,696		—		—		1,050		16,696		17,746		2,892	2013	2016	(1)
Westland-MOB/ASC	(4)		230		4,520		—		—		230		4,520		4,750		763	2009	2016	(1)
Melbourne-MOB/ Imaging	(4)		1,200		14,250		—		33		1,200		14,283		15,483		2,406	2012	2016	(1)
Reading-MOB/ASC			1,440		7,940		—		—		1,440		7,940		9,380		1,281	1992/2002	2016	(1)
East Orange-MOB			2,150		10,112		—		510		2,150		10,622		12,772		1,602	1996	2016	(1)
Watertown- MOB/ Imaging			1,100		8,002		45		335		1,145		8,337		9,482		1,299	2011/2015	2016	(1)(3)
Sandusky-MOB			791		10,710		—		—		791		10,710		11,501		1,835	(8)	2016/2017	(1)
Carson City-MOB			760		3,268		—		—		760		3,268		4,028		504	1991	2016	(1)
Ellijay-MOB			914		3,337		—		—		914		3,337		4,251		784	2015	2016	(1)(2)(3)
Altoona-IRF			1,184		18,505		—		—		1,184		18,505		19,689		3,154	2000	2016	(1)(2)(3)
Mechanicsburg-IRF			810		21,451		—		—		810		21,451		22,261		3,568	2011	2016	(1)(2)(3)
Mesa-IRF			3,620		16,265		—		—		3,620		16,265		19,885		3,201	2011	2016	(1)(2)(3)
Lewisburg-MOB/ Imaging			681		6,114		—		—		681		6,114		6,795		1,382	2006	2017	(1)(2)(3)
Cape Coral-MOB			353		7,017		—		—		353		7,017		7,370		836	2007	2017	(1)(3)
Las Cruces-MOB			397		4,618		40		32		437		4,650		5,087		791	2012	2017	(1)
Clermont-MOB			145		4,422		—		—		145		4,422		4,567		621	2014	2017	(1)(2)(3)
Oklahoma City-Surgical Hospital/ Physical Therapy/ASC			2,953		38,724		—		—		2,953		38,724		41,677		6,425	2002/2007	2017	(1)(2)(3)
Brockport-MOB			693		7,097		—		—		693		7,097		7,790		1,325	2011	2017	(1)(2)(3)
Flower Mound-ASC			730		3,155		—		—		730		3,155		3,885		591	2014	2017	(1)(2)(3)

Sherman-IRF/ LTACH		1,601	25,011	—	2,447	1,601	27,458	29,059	3,840	2009	2017	(1)(2)
Lubbock-MOB		1,566	5,725	—	—	1,566	5,725	7,291	1,221	2004	2017	(1)(2)(3)
Austin-IRF		7,223	29,616	—	—	7,223	29,616	36,839	4,039	2012	2017	(1)(2)(3)
Fort Worth-MOB		1,738	3,726	—	—	1,738	3,726	5,464	671	2016	2017	(1)(2)(3)
Albertville-MOB		1,154	4,444	193	—	1,347	4,444	5,791	1,233	2007	2017	(1)(2)(3)
Moline-MOB/ASC		854	9,237	—	—	854	9,237	10,091	1,617	2004	2017	(1)(2)(3)
Lee’s Summit-MOB		571	2,929	—	—	571	2,929	3,500	778	2007	2017	(1)(2)(3)
Amarillo-MOB		1,437	7,254	—	—	1,437	7,254	8,691	825	2011	2017	(1)
Wyomissing-MOB		487	5,250	—	—	487	5,250	5,737	584	2004	2017	(1)
Saint George-MOB/ASC		435	5,372	—	76	435	5,448	5,883	676	1997	2017	(1)
Silvis-MOB		249	5,862	—	641	249	6,503	6,752	1,344	1997/2006	2018	(1)(2)(3)
Fremont-MOB		162	8,335	—	—	162	8,335	8,497	971	2018	2018	(1)
Gainesville-MOB/ASC		625	9,885	—	724	625	10,609	11,234	1,254	2002	2018	(1)
East Dallas-Acute Hospital		6,272	17,012	—	1,450	6,272	18,462	24,734	2,898	1994	2018	(1)
Orlando-MOB		3,075	11,944	—	95	3,075	12,039	15,114	1,880	2007/2008/2009	2018	(1)(2)(3)
Belpre-MOB/ Imaging/ER/ ASC		3,997	53,520	—	—	3,997	53,520	57,517	6,885	2011/2013/2014/2017	2018	(1)(2)(3)
McAllen-MOB		1,099	4,296	—	—	1,099	4,296	5,395	644	2000	2018	(1)
Derby-ASC		567	2,585	—	55	567	2,640	3,207	487	2005	2018	(1)(2)(3)
Bountiful-MOB		720	4,185	—	109	720	4,294	5,014	480	2004	2018	(1)(2)
Cincinnati-MOB		1,823	1,811	—	—	1,823	1,811	3,634	545	2016	2018	(1)(2)(3)
Melbourne Pine-Cancer Center		732	5,980	—	649	732	6,629	7,361	813	1993	2018	(1)(2)(3)
Southern IL-MOB		1,830	12,660	—	131	1,830	12,791	14,621	1,505	(9)	2018	(1)
Vernon-MOB/ Dialysis/ Administrative		1,166	9,929	—	—	1,166	9,929	11,095	1,357	1993/1999	2018	(1)
Corona		1,601	14,689	—	—	1,601	14,689	16,290	1,470	2009	2018	(1)
Zachary-LTACH		103	3,745	—	—	103	3,745	3,848	439	2015	2019	(1)(2)(3)
Chandler -MOB/ASC		4,616	11,643	—	31	4,616	11,674	16,290	1,335	2004/2007/2015	2019	(1)
Surprise-IRF		1,966	22,856	3	—	1,969	22,856	24,825	2,919	2015	2019	(1)(2)(3)
South Bend-IRF		1,998	11,882	—	—	1,998	11,882	13,880	2,299	2009	2019	(1)(2)(3)
Las Vegas-IRF		2,723	17,482	—	—	2,723	17,482	20,205	2,988	2007	2019	(1)(2)(3)
Oklahoma Northwest-IRF		2,507	22,545	122	6,814	2,629	29,359	31,988	3,188	2012	2019	(1)(2)(3)
San Marcos-Cancer Center		2,448	7,338	—	—	2,448	7,338	9,786	846	2009	2019	(1)(2)(3)
Lansing Patient-MOB /ASC		1,387	8,348	188	98	1,575	8,446	10,021	1,341	1997/2000/2002	2019	(1)(2)(3)
Bannockburn-MOB		895	4,700	123	475	1,018	5,175	6,193	1,283	1999	2019	(1)(2)(3)
Aurora-Office		1,829	8,049	—	—	1,829	8,049	9,878	1,115	2015	2019	(1)(2)(3)
Livonia-MOB/Urgent Care		1,181	8,071	—	472	1,181	8,543	9,724	1,705	1995	2019	(1)(2)(3)
Gilbert-MOB/ASC		2,470	2,389	—	—	2,470	2,389	4,859	351	2006	2019	(1)(2)(3)
Morgantown-Office		1,256	5,792	—	—	1,256	5,792	7,048	674	2019	2019	(1)(2)(3)
Beaumont-Surgical Hospital		3,421	25,872	—	—	3,421	25,872	29,293	2,347	2013	2019	(1)(2)(3)
Bastrop-Freestanding ED		2,039	8,712	—	—	2,039	8,712	10,751	889	2012	2019	(1)(2)(3)
Panama City-MOB/ASC		1,779	9,718	—	—	1,779	9,718	11,497	1,149	2008/2009/2019	2019	(1)(2)(3)
Jacksonville-MOB		1,023	7,846	—	—	1,023	7,846	8,869	644	2003/2004	2019	(1)
Greenwood-MOB/ASC		892	4,956	—	—	892	4,956	5,848	595	1986	2019	(1)
Clinton-MOB/ASC		1,006	8,129	—	321	1,006	8,450	9,456	2,161	1964	2020	(1)(2)(3)
High Point-MOB		2,189	21,236	—	—	2,189	21,236	23,425	2,414	2007	2020	(1)(2)(3)
West Allis-MOB		1,111	7,785	—	—	1,111	7,785	8,896	725	1999	2020	(1)(2)(3)
Grand Rapids-MOB/ASC		3,421	17,810	292	445	3,713	18,255	21,968	2,141	1988/1992/2000/2006	2020	(1)(2)(3)
Dumfries-MOB	(5)	2,886	14,863	—	—	2,886	14,863	17,749	3,762	2019	2020	(1)(2)(3)
Centerville -MOB		160	4,410	—	—	160	4,410	4,570	312	2018	2020	(1)(2)(3)
Fairfax-MOB		7,112	9,621	—	1,026	7,112	10,647	17,759	1,458	2019	2020	(1)(2)(3)
Rosedale-MOB	(6)	3,423	17,646	—	—	3,423	17,646	21,069	1,622	2014/2017	2020	(1)(2)(3)
Lancaster-Plasma Center		805	4,385	—	—	805	4,385	5,190	326	2009	2020	(1)(2)(3)
Winston Salem-MOB		1,778	6,714	—	—	1,778	6,714	8,492	626	2009	2020	(1)(2)(3)
Decatur-MOB		1,626	2,706	—	—	1,626	2,706	4,332	252	2010	2020	(1)(2)(3)
Jackson-MOB		895	4,730	—	—	895	4,730	5,625	341	2009	2020	(1)(2)(3)
Sheboygan-MOB		583	6,223	—	—	583	6,223	6,806	449	2005	2020	(1)(2)(3)
Plymouth-MOB		758	5,214	—	—	758	5,214	5,972	345	2010	2020	(1)(2)(3)
Spring Hill-MOB/Img		3,893	12,954	—	32	3,893	12,986	16,879	1,031	2002/2013/2017/2019	2020	(1)(2)(3)
Cape Girardeau-ASC		1,223	4,865	—	—	1,223	4,865	6,088	382	2002	2020	(1)(2)(3)
Yuma-MOB		1,349	4,989	—	—	1,349	4,989	6,338	441	2013	2020	(1)(2)(3)

Las Vegas-MOB/ASC		311		6,813		—		—		311		6,813		7,124		340	2007/2015	2020	(1)
Pensacola-MOB/ASC		2,118		6,153		—		—		2,118		6,153		8,271		572	1985/1997	2020	(1)(2)(3)
Venice-MOB		1,896		4,537		—		—		1,896		4,537		6,433		403	2008	2020	(1)(2)(3)
El Paso-MOB		970		7,709		—		150		970		7,859		8,829		497	2008	2021	(1)(2)(3)
West El Paso-MOB/ASC		995		7,727		—		—		995		7,727		8,722		458	2015/2018	2021	(1)(2)(3)
Syracuse-MOB		744		4,880		25		101		769		4,981		5,750		362	2012	2021	(1)(2)(3)
Fort Worth-Behavioral Hospital		1,960		13,453		—		—		1,960		13,453		15,413		677	2013	2021	(1)(2)(3)
Coos Bay-MOB		917		5,145		—		—		917		5,145		6,062		265	2009	2021	(1)(2)(3)
Port Saint Lucie-MOB/ASC		660		3,767		—		60		660		3,827		4,487		268	1990	2021	(1)(2)(3)
Dallas-MOB/ASC		3,165		3,062		—		161		3,165		3,223		6,388		264	1989	2021	(1)(2)(3)
Cape Coral-MOB		6,103		21,287		—		—		6,103		21,287		27,390		1,485	1991/1999/2004/2007	2021	(1)(2)(3)
East Grand Forks-MOB		1,123		7,063		—		—		1,123		7,063		8,186		681	2004	2021	(1)(2)(3)
Tallahassee-MOB		919		7,107		—		—		919		7,107		8,026		385	2002	2021	(1)(2)(3)
Caledonia-MOB		648		2,765		—		—		648		2,765		3,413		157	2007	2021	(1)(2)(3)
North Charleston-MOB		1,033		5,049		—		392		1,033		5,441		6,474		273	2002	2021	(1)(2)(3)
Forsyth-MOB/Imaging		1,902		10,083		—		33		1,902		10,116		12,018		585	2003	2021	(1)(2)(3)
Munster-MOB/ASC		941		4,842		—		30		941		4,872		5,813		298	2005	2021	(1)(2)(3)
Athens-MOB		622		4,169		—		—		622		4,169		4,791		196	2003	2021	(1)(2)(3)
Hialeah-MOB		264		10,349		—		64		264		10,413		10,677		982	2019	2021	(1)(2)(3)
Oklahoma City-MOB		988		6,334		—		—		988		6,334		7,322		363	2001	2021	(1)(2)(3)
Mentor-MOB		2,603		6,544		—		—		2,603		6,544		9,147		352	1991	2021	(1)(2)(3)
Athens 200-MOB		369		1,470		—		—		369		1,470		1,839		120	2000	2021	(1)(2)(3)
Lemoyne-MOB/Imaging		412		4,020		—		—		412		4,020		4,432		181	1990/2000	2021	(1)(2)(3)
Gainesville-MOB		631		4,098		—		—		631		4,098		4,729		196	2006	2022	(1)(2)(3)
Grand Rapids Paris-MOB		1,459		5,246		—		105		1,459		5,351		6,810		259	2004	2022	(1)(2)(3)
Sarasota-MOB		831		4,034		—		—		831		4,034		4,865		160	2013	2022	(1)(2)(3)
Greenwood-MOB		1,122		4,692		—		—		1,122		4,692		5,814		216	2007	2022	(1)(2)(3)
Fairbanks-MOB/ASC		1,997		13,015		22		142		2,019		13,157		15,176		328	2010	2022	(1)(2)(3)
Rocky Point-MOB/ASC/Imaging		836		6,534		—		26		836		6,560		7,396		191	2006/2007	2022	(1)(2)(3)
Fairfax Hamaker-MOB		4,410		13,548		—		217		4,410		13,765		18,175		439	1986	2022	(1)(2)(3)
Lee's Summit-MOB/ASC		1,431		4,512		—		—		1,431		4,512		5,943		134	2003	2022	(1)(2)(3)
Lexington-MOB/Cancer Center		2,049		11,905		—		34		2,049		11,939		13,988		265	1996/2000/2006/2009	2022	(1)(2)(3)
Toledo Ohio-MOB/ASC		3,581		12,613		—		—		3,581		12,613		16,194		346	1997	2022	(1)(2)(3)
Lake Geneva-MOB		585		4,842		—		—		585		4,842		5,427		85	1999	2022	(1)(2)(3)
Glenview-MOB/Retail		1,688		6,536		—		164		1,688		6,700		8,388		127	2003	2022	(1)(2)(3)
Canandaigua-MOB		948		11,606		—		203		948		11,809		12,757		163	2010/2013	2022	(1)(2)(3)
Hermitage-MOB		548		4,118		—		—		548		4,118		4,666		71	2000	2022	(1)(2)(3)

Totals	$	189,279	$	1,126,885	$	1,053	$	18,883	$	190,332	$	1,145,768	$	1,336,100	$	141,317

The cost basis for income tax purposes of aggregate gross land, building, site improvements, and tenant improvements as of December 31, 2022 was $1,453 million.

(1) Estimated remaining useful life for buildings is 17 to 48 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 12 years.

(4) The facility serves as collateral for the Cantor Loan, which had a balance of $31,369 as of December 31, 2022.

(5) The facility serves as collateral for the Dumfries Loan, which had a balance of $11,337 as of December 31, 2022.

(6) The facility serves as collateral for the Rosedale Loan, which had a balance of $13,953 as of December 31, 2022.

(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,
	2022		2021		2020
Real Estate Assets:
Balance, beginning of period	$	1,215,072	$	1,044,671	$	832,735
Additions through acquisitions		132,463		175,013		211,936
Deductions		(11,435)		(4,612)		—
Balance, end of period	$	1,336,100	$	1,215,072	$	1,044,671

Accumulated Depreciation:
Balance, beginning of period	$	103,010	$	69,563	$	42,828
Additions through expense		39,984		33,801		26,735
Deductions		(1,677)		(354)		—
Balance, end of period	$	141,317	$	103,010	$	69,563