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, 2023

SCHEDULE III-CONSOLIDATED REAL ESTATE AND ACCUMULATED DEPRECIATION

SCHEDULE III-CONSOLIDATED REAL ESTATE AND ACCUMULATED DEPRECIATION

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		Year Built	Year	Statement is
Description	rances	Improv		& Improv		Improv		& Improv		Improv		& Improv		Assets		12.31.23		/ Renov	Acquired	Computed
Omaha-LTACH		$	—	$	21,867	$	—	$	—	$	—	$	21,867	$	21,867	$	5,233	2008	2014	(1)
Asheville-ASC			572		1,934		—		—		572		1,934		2,506		449	2002	2014	(1)
Pittsburgh-MOB/ASC			1,287		10,322		—		—		1,287		10,322		11,609		2,134	2006	2015	(1)
Memphis-MOB/ASC			2,705		17,451		—		—		2,705		17,451		20,156		3,475	(6)	2015	(1)
Plano-Surgical Hospital			1,050		16,696		—		—		1,050		16,696		17,746		3,309	2013	2016	(1)
Westland-MOB/ASC			230		4,520		—		83		230		4,603		4,833		876	2009	2016	(1)
Melbourne-MOB/ Imaging			1,200		14,250		45		1,330		1,245		15,580		16,825		2,836	2012	2016	(1)
Reading-MOB/ASC			1,440		7,940		—		—		1,440		7,940		9,380		1,479	1992/2002	2016	(1)
East Orange-MOB			2,150		10,112		—		510		2,150		10,622		12,772		1,869	1996	2016	(1)
Watertown- MOB/ Imaging			1,100		8,002		192		335		1,292		8,337		9,629		1,520	2011/2015	2016	(1)(3)
Sandusky-MOB			791		10,710		—		—		791		10,710		11,501		2,147	(7)	2016/2017	(1)
Carson City-MOB			760		3,268		—		—		760		3,268		4,028		586	1991	2016	(1)
Ellijay-MOB			914		3,337		—		—		914		3,337		4,251		914	2015	2016	(1)(2)(3)
Altoona-IRF			1,184		18,505		—		—		1,184		18,505		19,689		3,653	2000	2016	(1)(2)(3)
Mechanicsburg-IRF			810		21,451		—		—		810		21,451		22,261		4,133	2011	2016	(1)(2)(3)
Mesa-IRF			3,620		16,265		—		—		3,620		16,265		19,885		3,732	2011	2016	(1)(2)(3)
Lewisburg-MOB/ Imaging			681		6,114		—		—		681		6,114		6,795		1,544	2006	2017	(1)(2)(3)
Cape Coral-MOB			353		7,017		—		—		353		7,017		7,370		977	2007	2017	(1)(3)
Las Cruces-MOB			397		4,618		40		32		437		4,650		5,087		926	2012	2017	(1)
Clermont-MOB			145		4,422		—		—		145		4,422		4,567		717	2014	2017	(1)(2)(3)
Brockport-MOB			693		7,097		—		—		693		7,097		7,790		1,566	2011	2017	(1)(2)(3)
Flower Mound-ASC			730		3,155		—		—		730		3,155		3,885		698	2014	2017	(1)(2)(3)
Sherman-IRF/ LTACH			1,601		25,011		—		2,447		1,601		27,458		29,059		4,566	2009	2017	(1)(2)
Lubbock-MOB			1,566		5,725		—		—		1,566		5,725		7,291		1,449	2004	2017	(1)(2)(3)
Austin-IRF			7,223		29,616		—		—		7,223		29,616		36,839		4,806	2012	2017	(1)(2)(3)
Fort Worth-MOB			1,738		3,726		—		—		1,738		3,726		5,464		801	2016	2017	(1)(2)(3)
Albertville-MOB			1,154		4,444		193		29		1,347		4,473		5,820		1,494	2007	2017	(1)(2)(3)
Moline-MOB/ASC			854		9,237		—		—		854		9,237		10,091		1,932	2004	2017	(1)(2)(3)
Lee’s Summit-MOB			571		2,929		—		—		571		2,929		3,500		933	2007	2017	(1)(2)(3)
Amarillo-MOB			1,437		7,254		—		—		1,437		7,254		8,691		989	2011	2017	(1)
Wyomissing-MOB			487		5,250		—		—		487		5,250		5,737		700	2004	2017	(1)

Saint George-MOB/ASC		435	5,372	—	76	435	5,448	5,883	812	1997	2017	(1)
Silvis-MOB		249	5,862	30	716	279	6,578	6,857	1,625	1997/2006	2018	(1)(2)(3)
Fremont-MOB		162	8,335	—	—	162	8,335	8,497	1,170	2018	2018	(1)
Gainesville-MOB/ASC		625	9,885	—	724	625	10,609	11,234	1,537	2002	2018	(1)
East Dallas-Acute Hospital		6,272	17,012	—	1,450	6,272	18,462	24,734	3,610	1994	2018	(1)
Orlando-MOB		3,075	11,944	—	110	3,075	12,054	15,129	2,286	2007/2008/2009	2018	(1)(2)(3)
Belpre-MOB/ Imaging/ER/ ASC		3,997	53,520	—	—	3,997	53,520	57,517	8,352	2011/2013/2014/2017	2018	(1)(2)(3)
McAllen-MOB		1,099	4,296	—	—	1,099	4,296	5,395	787	2000	2018	(1)
Derby-ASC		567	2,585	—	55	567	2,640	3,207	597	2005	2018	(1)(2)(3)
Bountiful-MOB		720	4,185	—	109	720	4,294	5,014	599	2004	2018	(1)(2)
Cincinnati-MOB		1,823	1,811	35	—	1,858	1,811	3,669	676	2016	2018	(1)(2)(3)
Melbourne Pine-Cancer Center		732	5,980	—	649	732	6,629	7,361	1,015	1993	2018	(1)(2)(3)
Southern IL-MOB		1,830	12,660	—	176	1,830	12,836	14,666	1,879	(8)	2018	(1)
Vernon-MOB/ Dialysis/ Administrative		1,166	9,929	—	—	1,166	9,929	11,095	1,693	1993/1999	2018	(1)
Corona		1,601	14,689	—	—	1,601	14,689	16,290	1,837	2009	2018	(1)
Zachary-LTACH		103	3,745	—	—	103	3,745	3,848	553	2015	2019	(1)(2)(3)
Chandler -MOB/ASC		4,616	11,643	—	31	4,616	11,674	16,290	1,689	2004/2007/2015	2019	(1)
Surprise-IRF		1,966	22,856	38	—	2,004	22,856	24,860	3,705	2015	2019	(1)(2)(3)
South Bend-IRF		1,998	11,882	—	—	1,998	11,882	13,880	2,905	2009	2019	(1)(2)(3)
Las Vegas-IRF		2,723	17,482	—	—	2,723	17,482	20,205	3,794	2007	2019	(1)(2)(3)
Oklahoma Northwest-IRF		2,507	22,545	122	6,814	2,629	29,359	31,988	4,161	2012	2019	(1)(2)(3)
San Marcos-Cancer Center		2,448	7,338	—	—	2,448	7,338	9,786	1,090	2009	2019	(1)(2)(3)
Lansing Patient-MOB /ASC		1,387	8,348	188	280	1,575	8,628	10,203	1,746	1997/2000/2002	2019	(1)(2)(3)
Bannockburn-MOB		895	4,700	123	814	1,018	5,514	6,532	1,718	1999	2019	(1)(2)(3)
Aurora-Office		1,829	8,049	—	—	1,829	8,049	9,878	1,412	2015	2019	(1)(2)(3)
Livonia-MOB/Urgent Care		1,181	8,071	45	910	1,226	8,981	10,207	2,097	1995	2019	(1)(2)(3)
Gilbert-MOB/ASC		2,470	2,389	—	—	2,470	2,389	4,859	455	2006	2019	(1)(2)(3)
Morgantown-Office		1,256	5,792	—	—	1,256	5,792	7,048	881	2019	2019	(1)(2)(3)
Beaumont-Surgical Hospital		3,421	25,872	—	—	3,421	25,872	29,293	3,069	2013	2019	(1)(2)(3)
Bastrop-Freestanding ED		2,039	8,712	—	—	2,039	8,712	10,751	1,169	2012	2019	(1)(2)(3)
Panama City-MOB/ASC		1,779	9,718	—	—	1,779	9,718	11,497	1,511	2008/2009/2019	2019	(1)(2)(3)
Jacksonville-MOB		—	5,019	—	—	—	5,019	5,019	517	2003/2004	2019	(1)
Greenwood-MOB/ASC		892	4,956	—	—	892	4,956	5,848	793	1986	2019	(1)
Clinton-MOB/ASC		1,006	8,129	293	1,175	1,299	9,304	10,603	3,055	1964	2020	(1)(2)(3)
High Point-MOB		2,189	21,236	—	31	2,189	21,267	23,456	3,111	2007	2020	(1)(2)(3)
West Allis-MOB		1,111	7,785	—	—	1,111	7,785	8,896	989	1999	2020	(1)(2)(3)
Grand Rapids-MOB/ASC		3,421	17,810	292	445	3,713	18,255	21,968	2,952	1988/1992/2000/2006	2020	(1)(2)(3)
Dumfries-MOB	(4)	2,886	14,863	—	—	2,886	14,863	17,749	5,174	2019	2020	(1)(2)(3)
Centerville -MOB		160	4,410	—	—	160	4,410	4,570	441	2018	2020	(1)(2)(3)
Fairfax-MOB		7,112	9,621	—	925	7,112	10,546	17,658	2,070	2019	2020	(1)(2)(3)
Rosedale-MOB	(5)	3,423	17,646	—	140	3,423	17,786	21,209	2,293	2014/2017	2020	(1)(2)(3)
Lancaster-Plasma Center		805	4,385	—	—	805	4,385	5,190	471	2009	2020	(1)(2)(3)
Winston Salem-MOB		1,778	6,714	—	—	1,778	6,714	8,492	904	2009	2020	(1)(2)(3)
Decatur-MOB		1,626	2,706	—	—	1,626	2,706	4,332	369	2010	2020	(1)(2)(3)
Jackson-MOB		895	4,730	—	—	895	4,730	5,625	498	2009	2020	(1)(2)(3)
Sheboygan-MOB		583	6,223	—	—	583	6,223	6,806	656	2005	2020	(1)(2)(3)
Plymouth-MOB		758	5,214	—	—	758	5,214	5,972	505	2010	2020	(1)(2)(3)
Spring Hill-MOB/Img		3,893	12,954	68	42	3,961	12,996	16,957	1,524	2002/2013/2017/2019	2020	(1)(2)(3)
Cape Girardeau-ASC		1,223	4,865	—	—	1,223	4,865	6,088	565	2002	2020	(1)(2)(3)
Yuma-MOB		1,349	4,989	—	—	1,349	4,989	6,338	653	2013	2020	(1)(2)(3)
Las Vegas-MOB/ASC		311	6,813	—	—	311	6,813	7,124	511	2007/2015	2020	(1)
Pensacola-MOB/ASC		2,118	6,153	—	—	2,118	6,153	8,271	858	1985/1997	2020	(1)(2)(3)
Venice-MOB		1,896	4,537	—	—	1,896	4,537	6,433	604	2008	2020	(1)(2)(3)
El Paso-MOB		970	7,709	—	150	970	7,859	8,829	757	2008	2021	(1)(2)(3)
West El Paso-MOB/ASC		995	7,727	—	—	995	7,727	8,722	697	2015/2018	2021	(1)(2)(3)
Syracuse-MOB		744	4,880	25	101	769	4,981	5,750	554	2012	2021	(1)(2)(3)
Fort Worth-Behavioral Hospital		1,960	13,453	—	—	1,960	13,453	15,413	1,063	2013	2021	(1)(2)(3)
Coos Bay-MOB		917	5,145	—	—	917	5,145	6,062	424	2009	2021	(1)(2)(3)
Port Saint Lucie-MOB/ASC		660	3,767	—	60	660	3,827	4,487	442	1990	2021	(1)(2)(3)
Dallas-MOB/ASC		3,165	3,062	—	161	3,165	3,223	6,388	427	1989	2021	(1)(2)(3)
Cape Coral-MOB		6,103	21,287	—	—	6,103	21,287	27,390	2,387	1991/1999/2004/2007	2021	(1)(2)(3)
East Grand Forks-MOB		1,123	7,063	—	—	1,123	7,063	8,186	1,090	2004	2021	(1)(2)(3)
Tallahassee-MOB		919	7,107	—	—	919	7,107	8,026	642	2002	2021	(1)(2)(3)
Caledonia-MOB		648	2,765	—	—	648	2,765	3,413	261	2007	2021	(1)(2)(3)
Forsyth-MOB/Imaging		1,902	10,083	85	33	1,987	10,116	12,103	1,001	2003	2021	(1)(2)(3)
Munster-MOB/ASC		941	4,842	—	30	941	4,872	5,813	523	2005	2021	(1)(2)(3)
Athens-MOB		622	4,169	—	20	622	4,189	4,811	344	2003	2021	(1)(2)(3)
Hialeah-MOB		264	10,349	—	414	264	10,763	11,027	1,708	2019	2021	(1)(2)(3)
Mentor-MOB		2,603	6,544	—	244	2,603	6,788	9,391	679	1991	2021	(1)(2)(3)
Athens 200-MOB		369	1,470	—	—	369	1,470	1,839	225	2000	2021	(1)(2)(3)
Lemoyne-MOB/Imaging		412	4,020	—	—	412	4,020	4,432	349	1990/2000	2021	(1)(2)(3)
Gainesville-MOB		631	4,098	—	—	631	4,098	4,729	409	2006	2022	(1)(2)(3)
Grand Rapids Paris-MOB		1,459	5,246	—	105	1,459	5,351	6,810	559	2004	2022	(1)(2)(3)
Sarasota-MOB		831	4,034	—	—	831	4,034	4,865	352	2013	2022	(1)(2)(3)

Greenwood-MOB		1,122		4,692		82		49		1,204		4,741		5,945		482	2007	2022	(1)(2)(3)
Fairbanks-MOB/ASC		1,997		13,015		38		141		2,035		13,156		15,191		828	2010	2022	(1)(2)(3)
Rocky Point-MOB/ASC/Imaging		836		6,534		—		26		836		6,560		7,396		476	2006/2007	2022	(1)(2)(3)
Fairfax Hamaker-MOB		4,410		13,548		—		396		4,410		13,944		18,354		1,148	1986	2022	(1)(2)(3)
Lee's Summit-MOB/ASC		1,431		4,512		—		138		1,431		4,650		6,081		365	2003	2022	(1)(2)(3)
Lexington-MOB/Cancer Center		2,049		11,905		61		137		2,110		12,042		14,152		720	1996/2000/2006/2009	2022	(1)(2)(3)
Toledo Ohio-MOB/ASC		3,581		12,613		—		622		3,581		13,235		16,816		1,184	1997	2022	(1)(2)(3)
Lake Geneva-MOB		585		4,842		68		—		653		4,842		5,495		290	1999	2022	(1)(2)(3)
Glenview-MOB/Retail		1,688		6,536		—		500		1,688		7,036		8,724		522	2003	2022	(1)(2)(3)
Canandaigua-MOB		948		11,606		—		203		948		11,809		12,757		670	2010/2013	2022	(1)(2)(3)
Hermitage-MOB		548		4,118		—		24		548		4,142		4,690		282	2000	2022	(1)(2)(3)
Redding-MOB/ASC		945		4,119		—		—		945		4,119		5,064		133	1981	2023	(1)(2)(3)

Totals	$	184,227	$	1,078,070	$	2,063	$	23,992	$	186,290	$	1,102,062	$	1,288,352	$	174,379

The cost basis for income tax purposes of aggregate gross land, building, site improvements, and tenant improvements as of December 31, 2023 was $1,397 million.

(1) Estimated remaining useful life for buildings is 9 to 47 years.

(2) Estimated remaining useful life for tenant improvements is 1 to 15 years.

(3) Estimated remaining useful life for site improvements is 1 to 15 years.

(4) The facility serves as collateral for the Dumfries Loan, which had a balance of $11,034 as of December 31, 2023.

(5) The facility serves as collateral for the Rosedale Loan, which had a balance of $13,563 as of December 31, 2023.

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

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

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


	Year Ended December 31,
	2023		2022		2021
Real Estate Assets:
Balance, beginning of period	$	1,336,100	$	1,215,072	$	1,044,671
Additions through acquisitions		11,575		132,463		175,013
Deductions		(59,323)		(11,435)		(4,612)
Balance, end of period	$	1,288,352	$	1,336,100	$	1,215,072

Accumulated Depreciation:
Balance, beginning of period	$	141,317	$	103,010	$	69,563
Additions through expense		41,227		39,984		33,801
Deductions		(8,165)		(1,677)		(354)
Balance, end of period	$	174,379	$	141,317	$	103,010