Global Medical REIT Inc. Annual report [Section 13 and 15(d), not S-K Item 405]

Annual report [Section 13 and 15(d), not S-K Item 405]

SCHEDULE III-CONSOLIDATED REAL ESTATE AND ACCUMULATED DEPRECIATION

SCHEDULE III-CONSOLIDATED REAL ESTATE AND ACCUMULATED DEPRECIATION

12 Months Ended

Dec. 31, 2024

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 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		12.31.24		/ Renov	Acquired	Computed
Omaha-LTACH		$	—	$	21,867	$	—	$	—	$	—	$	21,867	$	21,867	$	5,779	2008	2014	(1)
Asheville-ASC			572		1,934		323		1,034		895		2,968		3,863		531	2002	2014	(1)
Pittsburgh-MOB/ASC			1,287		10,322		—		—		1,287		10,322		11,609		2,392	2006	2015	(1)
Memphis-MOB/ASC			2,705		17,451		—		1,915		2,705		19,366		22,071		3,948	(5)	2015	(1)
Plano-Surgical Hospital			1,050		16,696		—		—		1,050		16,696		17,746		3,727	2013	2016	(1)
Westland-MOB/ASC			230		4,520		—		93		230		4,613		4,843		992	2009	2016	(1)
Melbourne-MOB/ Imaging			1,200		14,250		86		1,959		1,286		16,209		17,495		3,381	2012	2016	(1)
Reading-MOB/ASC			1,440		7,940		—		6		1,440		7,946		9,386		1,678	1992/2002	2016	(1)
East Orange-MOB			2,150		10,112		—		510		2,150		10,622		12,772		2,136	1996	2016	(1)
Watertown- MOB/ Imaging			1,100		8,002		501		335		1,601		8,337		9,938		1,748	2011/2015	2016	(1)(3)
Sandusky-MOB			791		10,710		—		—		791		10,710		11,501		2,458	(6)	2016/2017	(1)
Altoona-IRF			1,184		18,505		—		—		1,184		18,505		19,689		4,152	2000	2016	(1)(2)(3)
Mechanicsburg-IRF			810		21,451		—		—		810		21,451		22,261		4,698	2011	2016	(1)(2)(3)
Mesa-IRF			3,620		16,265		—		—		3,620		16,265		19,885		4,248	2011	2016	(1)(2)(3)
Lewisburg-MOB/ Imaging			681		6,114		—		18		681		6,132		6,813		1,695	2006	2017	(1)(2)(3)

Cape Coral-MOB	353	7,017	—	—	353	7,017	7,370	1,117	2007	2017	(1)(3)
Las Cruces-MOB	397	4,618	40	32	437	4,650	5,087	1,062	2012	2017	(1)
Clermont-MOB	145	4,422	—	—	145	4,422	4,567	813	2014	2017	(1)(2)(3)
Brockport-MOB	693	7,097	—	—	693	7,097	7,790	1,806	2011	2017	(1)(2)(3)
Flower Mound-ASC	730	3,155	—	—	730	3,155	3,885	805	2014	2017	(1)(2)(3)
Sherman-IRF/ LTACH	1,601	25,011	—	2,447	1,601	27,458	29,059	5,291	2009	2017	(1)(2)
Lubbock-MOB	1,566	5,725	—	—	1,566	5,725	7,291	1,676	2004	2017	(1)(2)(3)
Austin-IRF	7,223	29,616	—	—	7,223	29,616	36,839	5,572	2012	2017	(1)(2)(3)
Albertville-MOB	1,154	4,444	193	40	1,347	4,484	5,831	1,756	2007	2017	(1)(2)(3)
Moline-MOB/ASC	854	9,237	—	—	854	9,237	10,091	2,246	2004	2017	(1)(2)(3)
Lee’s Summit-MOB	571	2,929	—	—	571	2,929	3,500	1,089	2007	2017	(1)(2)(3)
Amarillo-MOB	1,437	7,254	—	—	1,437	7,254	8,691	1,154	2011	2017	(1)
Wyomissing-MOB	487	5,250	—	—	487	5,250	5,737	817	2004	2017	(1)
Saint George-MOB/ASC	435	5,372	—	138	435	5,510	5,945	951	1997	2017	(1)
Silvis-MOB	249	5,862	30	800	279	6,662	6,941	1,920	1997/2006	2018	(1)(2)(3)
Fremont-MOB	162	8,335	—	—	162	8,335	8,497	1,368	2018	2018	(1)
Gainesville-MOB/ASC	625	9,885	—	741	625	10,626	11,251	1,820	2002	2018	(1)
East Dallas-Acute Hospital	6,272	17,012	—	1,450	6,272	18,462	24,734	4,322	1994	2018	(1)
Orlando-MOB	3,075	11,944	—	163	3,075	12,107	15,182	2,660	2007/2008/2009	2018	(1)(2)(3)
Belpre-MOB/ Imaging/ER/ ASC	3,997	53,520	—	—	3,997	53,520	57,517	9,815	2011/2013/2014/2017	2018	(1)(2)(3)
McAllen-MOB	1,099	4,296	—	—	1,099	4,296	5,395	930	2000	2018	(1)
Derby-ASC	567	2,585	(303)	(1,263)	264	1,322	1,586	709	2005	2018	(1)(2)(3)
Bountiful-MOB	720	4,185	—	109	720	4,294	5,014	718	2004	2018	(1)(2)
Cincinnati-MOB	1,823	1,811	128	239	1,951	2,050	4,001	818	2016	2018	(1)(2)(3)
Melbourne Pine-Cancer Center	732	5,980	—	1,031	732	7,011	7,743	1,264	1993	2018	(1)(2)(3)
Southern IL-MOB	1,830	12,660	36	547	1,866	13,207	15,073	2,284	(7)	2018	(1)
Vernon-MOB/ Dialysis/ Administrative	1,166	9,929	—	—	1,166	9,929	11,095	2,029	1993/1999	2018	(1)
Corona	1,601	14,689	—	—	1,601	14,689	16,290	2,205	2009	2018	(1)
Zachary-LTACH	103	3,745	—	—	103	3,745	3,848	668	2015	2019	(1)(2)(3)
Chandler -MOB/ASC	4,616	11,643	—	75	4,616	11,718	16,334	2,042	2004/2007/2015	2019	(1)
Surprise-IRF	1,966	22,856	38	—	2,004	22,856	24,860	4,499	2015	2019	(1)(2)(3)
Las Vegas-IRF	2,723	17,482	—	—	2,723	17,482	20,205	4,599	2007	2019	(1)(2)(3)
Oklahoma Northwest-IRF	2,507	22,545	122	6,814	2,629	29,359	31,988	5,134	2012	2019	(1)(2)(3)
San Marcos-Cancer Center	2,448	7,338	—	—	2,448	7,338	9,786	1,333	2009	2019	(1)(2)(3)
Lansing Patient-MOB /ASC	1,387	8,348	225	425	1,612	8,773	10,385	2,102	1997/2000/2002	2019	(1)(2)(3)
Bannockburn-MOB	895	4,700	123	1,127	1,018	5,827	6,845	2,182	1999	2019	(1)(2)(3)
Aurora-Office	1,829	8,049	—	—	1,829	8,049	9,878	1,663	2015	2019	(1)(2)(3)
Livonia-MOB/Urgent Care	1,181	8,071	45	1,087	1,226	9,158	10,384	2,553	1995	2019	(1)(2)(3)
Gilbert-MOB/ASC	2,470	2,389	—	—	2,470	2,389	4,859	560	2006	2019	(1)(2)(3)

Morgantown-Office		1,256	5,792	—	—	1,256	5,792	7,048	1,088	2019	2019	(1)(2)(3)
Beaumont-Surgical Hospital		3,421	25,872	—	—	3,421	25,872	29,293	3,791	2013	2019	(1)(2)(3)
Bastrop-Freestanding ED		2,039	8,712	—	27	2,039	8,739	10,778	1,451	2012	2019	(1)(2)(3)
Panama City-MOB		204	985	—	—	204	985	1,189	215	2009	2019	(1)(2)(3)
Jacksonville-MOB		—	5,019	—	—	—	5,019	5,019	643	2003/2004	2019	(1)
Greenwood-MOB/ASC		892	4,956	—	—	892	4,956	5,848	992	1986	2019	(1)
Clinton-MOB/ASC		1,006	8,129	303	1,588	1,309	9,717	11,026	3,847	1964	2020	(1)(2)(3)
West Allis-MOB		1,111	7,785	—	—	1,111	7,785	8,896	1,249	1999	2020	(1)(2)(3)
Grand Rapids-MOB/ASC		3,421	17,810	292	445	3,713	18,255	21,968	3,765	1988/1992/2000/2006	2020	(1)(2)(3)
Dumfries-MOB		2,886	14,863	—	—	2,886	14,863	17,749	6,211	2019	2020	(1)(2)(3)
Centerville -MOB		160	4,410	—	—	160	4,410	4,570	570	2018	2020	(1)(2)(3)
Fairfax-MOB		7,112	9,621	—	941	7,112	10,562	17,674	2,679	2019	2020	(1)(2)(3)
Rosedale-MOB	(4)	3,423	17,646	—	227	3,423	17,873	21,296	2,993	2014/2017	2020	(1)(2)(3)
Lancaster-Plasma Center		805	4,385	—	—	805	4,385	5,190	616	2009	2020	(1)(2)(3)
Winston Salem-MOB		1,778	6,714	—	—	1,778	6,714	8,492	1,183	2009	2020	(1)(2)(3)
Decatur-MOB		1,626	2,706	54	—	1,680	2,706	4,386	486	2010	2020	(1)(2)(3)
Jackson-MOB		895	4,730	68	—	963	4,730	5,693	658	2009	2020	(1)(2)(3)
Sheboygan-MOB		583	6,223	—	—	583	6,223	6,806	864	2005	2020	(1)(2)(3)
Plymouth-MOB		758	5,214	—	—	758	5,214	5,972	665	2010	2020	(1)(2)(3)
Spring Hill-MOB/Img		3,893	12,954	68	210	3,961	13,164	17,125	2,065	2002/2013/2017/2019	2020	(1)(2)(3)
Cape Girardeau-ASC		1,223	4,865	—	—	1,223	4,865	6,088	749	2002	2020	(1)(2)(3)
Yuma-MOB		1,349	4,989	—	—	1,349	4,989	6,338	853	2013	2020	(1)(2)(3)
Las Vegas-MOB/ASC		311	6,813	—	—	311	6,813	7,124	681	2007/2015	2020	(1)
Pensacola-MOB/ASC		2,118	6,153	—	129	2,118	6,282	8,400	1,145	1985/1997	2020	(1)(2)(3)
Venice-MOB		1,896	4,537	—	365	1,896	4,902	6,798	805	2008	2020	(1)(2)(3)
El Paso-MOB		970	7,709	—	150	970	7,859	8,829	1,008	2008	2021	(1)(2)(3)
West El Paso-MOB/ASC		995	7,727	—	—	995	7,727	8,722	936	2015/2018	2021	(1)(2)(3)
Syracuse-MOB		744	4,880	25	101	769	4,981	5,750	747	2012	2021	(1)(2)(3)
Fort Worth-Behavioral Hospital		1,960	13,453	—	—	1,960	13,453	15,413	1,450	2013	2021	(1)(2)(3)
Coos Bay-MOB		917	5,145	—	—	917	5,145	6,062	580	2009	2021	(1)(2)(3)
Port Saint Lucie-MOB/ASC		660	3,767	—	60	660	3,827	4,487	615	1990	2021	(1)(2)(3)
Dallas-MOB/ASC		3,165	3,062	—	161	3,165	3,223	6,388	590	1989	2021	(1)(2)(3)
Cape Coral-MOB		6,103	21,287	—	56	6,103	21,343	27,446	3,268	1991/1999/2004/2007	2021	(1)(2)(3)
East Grand Forks-MOB		1,123	7,063	—	90	1,123	7,153	8,276	1,501	2004	2021	(1)(2)(3)
Tallahassee-MOB		919	7,107	7	285	926	7,392	8,318	901	2002	2021	(1)(2)(3)
Caledonia-MOB		648	2,765	—	—	648	2,765	3,413	366	2007	2021	(1)(2)(3)
Forsyth-MOB/Imaging		1,902	10,083	85	201	1,987	10,284	12,271	1,425	2003	2021	(1)(2)(3)
Munster-MOB/ASC		941	4,842	16	114	957	4,956	5,913	747	2005	2021	(1)(2)(3)
Athens-MOB		622	4,169	—	533	622	4,702	5,324	510	2003	2021	(1)(2)(3)

Hialeah-MOB		264		10,349		—		634		264		10,983		11,247		2,145	2019	2021	(1)(2)(3)
Mentor-MOB		2,603		6,544		83		466		2,686		7,010		9,696		1,032	1991	2021	(1)(2)(3)
Athens 200-MOB		369		1,470		—		—		369		1,470		1,839		269	2000	2021	(1)(2)(3)
Lemoyne-MOB/Imaging		412		4,020		—		—		412		4,020		4,432		516	1990/2000	2021	(1)(2)(3)
Gainesville-MOB		631		4,098		8		394		639		4,492		5,131		647	2006	2022	(1)(2)(3)
Grand Rapids Paris-MOB		1,459		5,246		23		266		1,482		5,512		6,994		858	2004	2022	(1)(2)(3)
Sarasota-MOB		831		4,034		—		—		831		4,034		4,865		543	2013	2022	(1)(2)(3)
Greenwood-MOB		1,122		4,692		144		65		1,266		4,757		6,023		766	2007	2022	(1)(2)(3)
Fairbanks-MOB/ASC		1,997		13,015		38		141		2,035		13,156		15,191		1,329	2010	2022	(1)(2)(3)
Rocky Point-MOB/ASC/Imaging		836		6,534		—		56		836		6,590		7,426		762	2006/2007	2022	(1)(2)(3)
Fairfax Hamaker-MOB		4,410		13,548		—		631		4,410		14,179		18,589		1,854	1986	2022	(1)(2)(3)
Lee's Summit-MOB/ASC		1,431		4,512		73		138		1,504		4,650		6,154		600	2003	2022	(1)(2)(3)
Lexington-MOB/Cancer Center		2,049		11,905		149		649		2,198		12,554		14,752		1,236	1996/2000/2006/2009	2022	(1)(2)(3)
Toledo Ohio-MOB/ASC		3,581		12,613		17		864		3,598		13,477		17,075		2,060	1997	2022	(1)(2)(3)
Lake Geneva-MOB		585		4,842		87		119		672		4,961		5,633		508	1999	2022	(1)(2)(3)
Glenview-MOB/Retail		1,688		6,536		47		575		1,735		7,111		8,846		891	2003	2022	(1)(2)(3)
Canandaigua-MOB		948		11,606		—		203		948		11,809		12,757		1,176	2010/2013	2022	(1)(2)(3)
Hermitage-MOB		548		4,118		—		142		548		4,260		4,808		504	2000	2022	(1)(2)(3)
Redding-MOB/ASC		945		4,119		—		—		945		4,119		5,064		331	1981	2023	(1)(2)(3)
Spartanburg-MOB		1,058		3,003		—		—		1,058		3,003		4,061		77	2006	2024	(1)(2)(3)
Clinton-MOB		1,126		5,085		—		—		1,126		5,085		6,211		95	2016	2024	(1)(2)(3)
Westland-MOB		1,077		3,729		—		—		1,077		3,729		4,806		88	1994	2024	(1)(2)(3)
Minot-MOB		1,080		7,427		—		—		1,080		7,427		8,507		136	2011	2024	(1)(2)(3)
Cerritos-MOB		3,532		1,349		—		—		3,532		1,349		4,881		49	1986	2024	(1)(2)(3)
Sarasota-ASC		643		4,681		—		—		643		4,681		5,324		54	2002	2024	(1)(2)(3)
Venice-MOB		1,226		3,017		—		—		1,226		3,017		4,243		25	2020	2024	(1)(2)(3)
Ruskin-MOB		270		1,489		—		—		270		1,489		1,759		15	2004	2024	(1)(2)(3)
2101 Bradenton-MOB		1,019		1,437		—		—		1,019		1,437		2,456		21	1983	2024	(1)(2)(3)
2203 Bradenton-MOB		443		950		—		—		443		950		1,393		14	2002	2024	(1)(2)(3)
6807 Bradenton-ASC		1,247		694		—		—		1,247		694		1,941		10	1995	2024	(1)(2)(3)
6002 Bradenton-ASC		1,791		3,175		—		—		1,791		3,175		4,966		43	1984	2024	(1)(2)(3)
Conway-MOB		2,619		7,786		—		—		2,619		7,786		10,405		84	2007	2024	(1)(2)(3)
Little Rock-MOB		1,613		6,863		—		—		1,613		6,863		8,476		72	2012	2024	(1)(2)(3)
Russellville-MOB		1,304		4,227		—		—		1,304		4,227		5,531		48	2010	2024	(1)(2)(3)

Totals	$	195,099	$	1,080,800	$	3,174	$	32,898	$	198,273	$	1,113,698	$	1,311,971	$	203,681

The cost basis for income tax purposes of aggregate gross land, building, site improvements, and tenant improvements as of December 31, 2024 was $1,422 million.

(1) Estimated remaining useful life for buildings is 8 to 46 years.

(2) Estimated remaining useful life for tenant improvements is 1 to 14 years.

(3) Estimated remaining useful life for site improvements is 1 to 20 years.

(4) The facility serves as collateral for the Rosedale Loan, which had a balance of $13,158 as of December 31, 2024.

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

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

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


	Year Ended December 31,
	2024		2023		2022
Real Estate Assets:
Balance, beginning of period	$	1,288,352	$	1,336,100	$	1,215,072
Additions through acquisitions		86,760		11,575		132,463
Deductions		(63,141)		(59,323)		(11,435)
Balance, end of period	$	1,311,971	$	1,288,352	$	1,336,100

Accumulated Depreciation:
Balance, beginning of period	$	174,379	$	141,317	$	103,010
Additions through expense		40,388		41,227		39,984
Deductions		(11,086)		(8,165)		(1,677)
Balance, end of period	$	203,681	$	174,379	$	141,317