Global Medical REIT (GMRE) 10-Q 7 Aug 20 2020 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2020	Aug. 03, 2020
Document Type	10-Q
Document Period End Date	Jun. 30, 2020
Entity Registrant Name	Global Medical REIT Inc.
Document Quarterly Report	true
Document Transition Report	false
Entity File Number	001-37815
Entity Tax Identification Number	46-4757266
Entity Incorporation, State or Country Code	MD
Entity Address, Address Line One	2 Bethesda Metro Center, Suite 440
Entity Address, City or Town	Bethesda
Entity Address, State or Province	MD
Entity Address, Postal Zip Code	20814
City Area Code	202
Local Phone Number	524-6851
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		46,251,935
Entity Central Index Key	0001533615
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q2
Amendment Flag	false
Trading Symbol	GMRE
Common Stock [Member]
Title of 12(g) Security	Common Stock, par value $0.001 per share
Series A Preferred Stock [Member]
Title of 12(g) Security	Series A Preferred Stock, Par value $0.001 per share

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Investment in real estate:
Land	$ 104,316	$ 95,381
Building	755,807	693,533
Site improvements	11,593	9,912
Tenant improvements	41,891	33,909
Acquired lease intangible assets	83,269	72,794
Investment in real estate, Total	996,876	905,529
Less: accumulated depreciation and amortization	(73,979)	(56,503)
Investment in real estate, net	922,897	849,026
Cash and cash equivalents	8,392	2,765
Restricted cash	4,945	4,420
Tenant receivables	5,888	4,957
Due from related parties	124	50
Escrow deposits	3,301	3,417
Deferred assets	17,433	14,512
Derivative asset		2,194
Other assets	3,587	3,593
Total assets	966,567	884,934
Liabilities:
Credit Facility, net of unamortized debt issuance costs of $3,350 and $3,832 at June 30,2020 and December 31, 2019, respectively	415,850	347,518
Notes payable, net of unamortized debt issuance costs of $668 and $667 at June 30,2020 and December 31, 2019, respectively	50,610	38,650
Accounts payable and accrued expenses	8,836	5,069
Dividends payable	11,281	11,091
Security deposits and other	5,814	6,351
Due to related party	1,957	1,648
Derivative liability	21,495	8,685
Other liability	2,417	2,405
Acquired lease intangible liability, net	5,598	3,164
Total liabilities	523,858	424,581
Equity:
Preferred stock, $0.001 par value, 10,000 shares authorized; 3,105 issued and outstanding at June 30, 2020 and December 31, 2019, respectively (liquidation preference of $77,625 at June 30, 2020 and December 31, 2019, respectively)	74,959	74,959
Common stock, $0.001 par value, 500,000 shares authorized; 46,252 shares and 43,806 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively	46	44
Additional paid-in capital	462,607	433,330
Accumulated deficit	(88,037)	(71,389)
Accumulated other comprehensive loss	(21,654)	(6,674)
Total Global Medical REIT Inc. stockholders' equity	427,921	430,270
Noncontrolling interest	14,788	30,083
Total equity	442,709	460,353
Total liabilities and equity	$ 966,567	$ 884,934

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) shares in Thousands, $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Net of unamortized debt	$ 668	$ 667
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized	10,000	10,000
Preferred stock, shares issued	3,105	3,105
Preferred stock, shares outstanding	3,105	3,105
Preferred Stock, Liquidation Preference, Value	$ 77,625	$ 77,625
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized	500,000	500,000
Common stock, shares issued	46,252	43,806
Common stock, shares outstanding	46,252	43,806
Credit facility [Member]
Net of unamortized debt	$ 3,350	$ 3,832
Notes Payable [Member]
Net of unamortized debt	$ 668	$ 667

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Revenue
Rental revenue	$ 22,036	$ 16,835	$ 43,569	$ 31,976
Other income	19	45	135	104
Total revenue	22,055	16,880	43,704	32,080
Expenses
General and administrative	1,643	1,640	3,482	3,246
Operating expenses	2,336	1,143	4,639	2,466
Management fees - related party	2,021	1,584	4,024	2,918
Depreciation expense	6,593	4,608	12,429	8,475
Amortization expense	2,348	1,255	4,269	2,257
Interest expense	4,375	4,132	8,752	8,157
Management internalization expense	920		1,424
Preacquisition expense	147	56	196	56
Total expenses	20,383	14,418	39,215	27,575
Net income	1,672	2,462	4,489	4,505
Less: Preferred stock dividends	(1,455)	(1,455)	(2,911)	(2,911)
Less: Net income attributable to noncontrolling interest	(13)	(103)	(120)	(162)
Net income attributable to common stockholders	$ 204	$ 904	$ 1,458	$ 1,432
Net income attributable to common stockholders per share - basic and diluted	$ 0	$ 0.03	$ 0.03	$ 0.05
Weighted average shares outstanding - basic and diluted	45,404	34,559	44,793	30,990

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Condensed Consolidated Statements of Comprehensive Income (Loss)
Net income	$ 1,672	$ 2,462	$ 4,489	$ 4,505
Other comprehensive loss:
Decrease in fair value of interest rate swap agreements	(1,022)	(3,550)	(14,980)	(5,572)
Total other comprehensive loss	(1,022)	(3,550)	(14,980)	(5,572)
Comprehensive income (loss)	650	(1,088)	(10,491)	(1,067)
Less: Preferred stock dividends	(1,455)	(1,455)	(2,911)	(2,911)
Less: Comprehensive loss attributable to noncontrolling interest	50	260	928	402
Comprehensive loss attributable to common stockholders	$ (755)	$ (2,283)	$ (12,474)	$ (3,576)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Equity - USD ($) shares in Thousands, $ in Thousands	Common Stock [Member]	Preferred Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]	Accumulated Other Comprehensive Loss [Member]	Global Medial REIT Inc. Stockholders' Equity [Member]	Noncontrolling Interest [Member]	Total
Balances at Dec. 31, 2018	$ 26	$ 74,959	$ 243,038	$ (45,007)	$ (3,721)	$ 269,295	$ 30,455	$ 299,750
Balance (in shares) at Dec. 31, 2018	25,944	3,105
Net income	$ 0	$ 0	0	4,343	0	4,343	162	4,505
Issuance of shares of common stock, net	$ 9	0	79,258	0	0	79,267	0	79,267
Issuance of shares of common stock, net (in shares)	8,652
LTIP Units and OP Units redeemed for common stock	$ 0	0	576	0	0	576	(576)	0
LTIP Units and OP Units redeemed for common stock (in shares)	57
Change in fair value of interest rate swap agreements	$ 0	0	0	0	(5,572)	(5,572)	0	(5,572)
Stock-based compensation expense	0	0	0	0	0	0	1,625	1,625
Dividends to common stockholders	0	0	0	(13,822)	0	(13,822)	0	(13,822)
Dividends to preferred stockholders	0	0	0	(2,911)	0	(2,911)	0	(2,911)
Dividends to noncontrolling interest	0	0	0	0	0	0	(1,745)	(1,745)
OP Units issued to third parties	0	0	0	0	0	0	506	506
Balances at Jun. 30, 2019	$ 35	$ 74,959	322,872	(57,397)	(9,293)	331,176	30,427	361,603
Balances (in shares) at Jun. 30, 2019	34,653	3,105
Balances at Dec. 31, 2018	$ 26	$ 74,959	243,038	(45,007)	(3,721)	269,295	30,455	299,750
Balance (in shares) at Dec. 31, 2018	25,944	3,105
Balances at Dec. 31, 2019	$ 44	$ 74,959	433,330	(71,389)	(6,674)	430,270	30,083	460,353
Balances (in shares) at Dec. 31, 2019	43,806	3,105
Balances at Mar. 31, 2019	$ 35	$ 74,959	322,359	(51,390)	(5,743)	340,220	30,342	370,562
Balance (in shares) at Mar. 31, 2019	34,555	3,105
Net income	$ 0	$ 0	0	2,359	0	2,359	103	2,462
Issuance of shares of common stock, net	$ 0	0	513	0	0	513	0	513
Issuance of shares of common stock, net (in shares)	98
LTIP Units and OP Units redeemed for common stock	$ 0	0	0	0	0	0	0	0
Change in fair value of interest rate swap agreements	0	0	0	0	(3,550)	(3,550)	0	(3,550)
Stock-based compensation expense	0	0	0	0	0	0	854	854
Dividends to common stockholders	0	0	0	(6,911)	0	(6,911)	0	(6,911)
Dividends to preferred stockholders	0	0	0	(1,455)	0	(1,455)	0	(1,455)
Dividends to noncontrolling interest	0	0	0	0	0	0	(872)	(872)
Balances at Jun. 30, 2019	$ 35	$ 74,959	322,872	(57,397)	(9,293)	331,176	30,427	361,603
Balances (in shares) at Jun. 30, 2019	34,653	3,105
Balances at Dec. 31, 2019	$ 44	$ 74,959	433,330	(71,389)	(6,674)	430,270	30,083	460,353
Balance (in shares) at Dec. 31, 2019	43,806	3,105
Net income	$ 0	$ 0	0	4,369	0	4,369	120	4,489
Issuance of shares of common stock, net	$ 1	0	13,803	0	0	13,804	0	13,804
Issuance of shares of common stock, net (in shares)	1,239
LTIP Units and OP Units redeemed for common stock	$ 1	$ 0	15,474	0	0	15,475	(15,475)	0
LTIP Units and OP Units redeemed for common stock (in shares)	1,207	0
Change in fair value of interest rate swap agreements	$ 0	$ 0	0	0	(14,980)	(14,980)	0	(14,980)
Stock-based compensation expense	0	0	0	0	0	0	1,819	1,819
Dividends to common stockholders	0	0	0	(18,106)	0	(18,106)	0	(18,106)
Dividends to preferred stockholders	0	0	0	(2,911)	0	(2,911)	0	(2,911)
Dividends to noncontrolling interest	0	0	0	0	0	0	(1,759)	(1,759)
Balances at Jun. 30, 2020	$ 46	$ 74,959	462,607	(88,037)	(21,654)	427,921	14,788	442,709
Balances (in shares) at Jun. 30, 2020	46,252	3,105
Balances at Mar. 31, 2020	$ 44	$ 74,959	440,220	(78,990)	(20,632)	415,601	23,189	438,790
Balance (in shares) at Mar. 31, 2020	44,278	3,105
Net income	$ 0	$ 0	0	1,659	0	1,659	13	1,672
Issuance of shares of common stock, net	$ 1	0	13,803	0	0	13,804	0	13,804
Issuance of shares of common stock, net (in shares)	1,239
LTIP Units and OP Units redeemed for common stock	$ 1	0	8,584	0	0	8,585	(8,585)	0
LTIP Units and OP Units redeemed for common stock (in shares)	735
Change in fair value of interest rate swap agreements	$ 0	0	0	0	(1,022)	(1,022)	0	(1,022)
Stock-based compensation expense	0	0	0	0	0	0	897	897
Dividends to common stockholders	0	0	0	(9,250)	0	(9,250)	0	(9,250)
Dividends to preferred stockholders	0	0	0	(1,456)	0	(1,456)	0	(1,456)
Dividends to noncontrolling interest	0	0	0	0	0	0	(726)	(726)
Balances at Jun. 30, 2020	$ 46	$ 74,959	$ 462,607	$ (88,037)	$ (21,654)	$ 427,921	$ 14,788	$ 442,709
Balances (in shares) at Jun. 30, 2020	46,252	3,105

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Equity (Parentheticals) - $ / shares	3 Months Ended	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2020
Condensed Consolidated Statements of Equity
Dividends to common stockholders	$ 0.20	$ 0.40
Dividends to preferred stockholders	$ 0.46875	$ 0.9375

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Operating activities
Net income	$ 4,489	$ 4,505
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation expense	12,429	8,475
Amortization of acquired lease intangible assets	4,269	2,257
Amortization of above market leases, net	403	405
Amortization of debt issuance costs and other	634	651
Stock-based compensation expense	1,819	1,625
Capitalized preacquisition costs charged to expense	135
Reserve for uncollectible receivables	627
Other	46	70
Changes in operating assets and liabilities:
Tenant receivables	(1,558)	(1,030)
Deferred assets	(2,921)	(2,479)
Other assets	117	37
Accounts payable and accrued expenses	3,620	(22)
Security deposits and other	(536)	1,729
Accrued management fees due to related party	295	441
Net cash provided by operating activities	23,868	16,664
Investing activities
Purchase of land, buildings, and other tangible and intangible assets and liabilities	(76,057)	(115,472)
Escrow deposits for purchase of properties	500	(1,622)
Loans to related parties	(61)	(113)
Capital expenditures on existing real estate investments	(341)	(193)
Preacquisition costs		(74)
Net cash used in investing activities	(75,959)	(117,474)
Financing activities
Net proceeds received from common equity offerings	13,605	79,651
Escrow deposits required by third party lenders	(385)	(144)
Repayment of note payable	(113)	(68)
Proceeds from Credit Facility	88,700	103,800
Repayment of Credit Facility	(20,850)	(64,600)
Payment of debt issuance costs	(128)	(422)
Dividends paid to common stockholders, and OP Unit and LTIP Unit holders	(19,675)	(13,467)
Dividends paid to preferred stockholders	(2,911)	(2,911)
Net cash provided by financing activities	58,243	101,839
Net increase in cash and cash equivalents and restricted cash	6,152	1,029
Cash and cash equivalents and restricted cash-beginning of period	7,185	4,843
Cash and cash equivalents and restricted cash-end of period	13,337	5,872
Supplemental cash flow information:
Cash payments for interest	7,916	7,521
Noncash financing and investing activities:
Accrued dividends payable	11,281	9,081
Interest rate swap agreements fair value change recognized in other comprehensive loss	14,980	5,572
LTIP Units and OP Units redeemed for common stock	15,475	576
CMBS loan assumed in connection with a facility acquisition	12,074
Initial recognition of lease liability related to right of use asset		3,143
OP Units issued for property acquisition		506
Interest Rate Swap [Member]
Noncash financing and investing activities:
Accrued common stock offering costs	$ 70	$ 384

Organization

Organization	6 Months Ended
	Jun. 30, 2020
Organization
Organization	Note 1 – Organization Global Medical REIT Inc. (the “Company”) is a Maryland corporation engaged primarily in the acquisition of purpose-built healthcare facilities and the leasing of those facilities to strong healthcare systems and physician groups with leading market share. The Company is externally managed and advised by Inter-American Management LLC (the “Advisor”), a Delaware limited liability company and affiliate of the Company. As discussed in Note 11 - “Subsequent Events,” on July 9, 2020, the Company completed a management internalization transaction. The Company holds its facilities and conducts its operations through a Delaware limited partnership subsidiary named Global Medical REIT L.P. (the “Operating Partnership”). The Company serves as the sole general partner of the Operating Partnership through a wholly-owned subsidiary of the Company named Global Medical REIT GP LLC, a Delaware limited liability company. As of June 30, 2020, the Company was the 93.81% limited partner of the Operating Partnership, with an aggregate of 6.19% of the Operating Partnership owned by holders of long-term incentive plan units (“LTIP Units”) and third-party limited partners who contributed properties or services to the Operating Partnership in exchange for common limited partnership units (“OP Units”).

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2020
Summary of Significant Accounting Policies
Summary of Significant Accounting Policies	Note 2 – Summary of Significant Accounting Policies Basis of presentation The accompanying condensed consolidated financial statements are unaudited and include the accounts of the Company, including the Operating Partnership and its wholly owned subsidiaries. The accompanying condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) and the rules and regulations of the U.S. Securities and Exchange Commission (“SEC”). Certain information and footnote disclosures required for annual consolidated financial statements have been condensed or excluded pursuant to SEC rules and regulations. Accordingly, the accompanying condensed consolidated financial statements do not include all the information and footnotes required by GAAP for complete consolidated financial statements and should be read in conjunction with the audited consolidated financial statements and notes thereto for the year ended December 31, 2019. In the opinion of management, all adjustments of a normal and recurring nature necessary for a fair presentation of the condensed consolidated financial statements for the interim periods have been made. Principles of Consolidation The accompanying condensed consolidated financial statements include the accounts of the Company, including the Operating Partnership and its wholly owned subsidiaries. The Company presents the portion of any equity it does not own but controls (and thus consolidates) as noncontrolling interest. Noncontrolling interest in the Company includes the LTIP Units that have been granted to directors, officers and affiliates of the Company and the OP Units held by third parties. Refer to Note 5 – “Equity” and Note 7 – “Stock-Based Compensation” for additional information regarding the OP Units and LTIP Units. The Company classifies noncontrolling interest as a component of consolidated equity on its Condensed Consolidated Balance Sheets, separate from the Company’s total equity. The Company’s net income or loss is allocated to noncontrolling interests based on the respective ownership percentage in the Operating Partnership associated with such noncontrolling interests and is removed from consolidated income or loss on the Condensed Consolidated Statements of Operations in order to derive net income or loss attributable to common stockholders. The noncontrolling ownership percentage is calculated by dividing the aggregate number of LTIP Units and OP Units by the total number of units and shares outstanding. Use of Estimates The preparation of the condensed consolidated financial statements in conformity with GAAP requires the Company to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and footnotes. Actual results could differ from those estimates. Investment in Real Estate The Company determines when an acquisition meets the definition of a business or alternatively should be accounted for as an asset acquisition in accordance with Accounting Standard Codification (“ASC”) Topic 805 “Business Combinations” (“ASC Topic 805”), which requires that, when substantially all of the fair value of an acquisition is concentrated in a single identifiable asset or a group of similar identifiable assets, the asset or group of similar identifiable assets does not meet the definition of a business and therefore is required to be accounted for as an asset acquisition. Transaction costs are capitalized for asset acquisitions and expensed as incurred for business combinations. All of our acquisitions for the six months ended June 30, 2020 and 2019 have been accounted for as asset acquisitions because substantially all of the fair value of the gross assets the Company acquired were concentrated in a single asset or group of similar identifiable assets. For asset acquisitions that are “owner occupied” (meaning that the seller either is the tenant or controls the tenant), the purchase price, including capitalized acquisition costs, will be allocated to land and building based on their relative fair values with no value allocated to intangible assets or liabilities. For asset acquisitions where there is a lease in place but not “owner occupied,” the Company will allocate the purchase price to tangible assets and any intangible assets acquired or liabilities assumed based on their relative fair values. Fair value is determined based upon the guidance of ASC Topic 820, “Fair Value Measurements and Disclosures,” and generally are determined using Level 2 inputs, such as rent comparables, sales comparables, and broker indications. Although Level 3 Inputs are utilized, they are minor in comparison to the Level 2 data used for the primary assumptions. The determination of fair value involves the use of significant judgment and estimates. We make estimates to determine the fair value of the tangible and intangible assets acquired and liabilities assumed using information obtained from multiple sources, including preacquisition due diligence, and we routinely utilize the assistance of a third-party appraiser. Revenue Recognition The Company’s operations primarily consist of rental revenue earned from tenants under leasing arrangements which provide for minimum rent and escalations. The leases have been accounted for as operating leases. For operating leases with contingent rental escalators, revenue is recorded based on the contractual cash rental payments due during the period. Revenue from leases with fixed annual rental escalators are recognized on a straight-line basis over the initial lease term, subject to a collectability assessment, with the difference between the contractual rental receipts and the straight-line amounts recorded as a “deferred rent receivable.” Additionally, the Company recognizes “expense recoveries” revenue, which represents revenue recognized related to tenant reimbursement of real estate taxes, insurance, and certain other operating expenses (“tenant reimbursements”). The Company recognizes these reimbursements and related expenses on a gross basis in its Condensed Consolidated Statements of Operations, i.e., the Company recognizes an equivalent increase in revenue (“expense recoveries”) and expense (“operating expenses”). Cash and Cash Equivalents and Restricted Cash The Company considers all demand deposits, cashier’s checks, money market accounts, and certificates of deposit with a maturity of three months or less to be cash equivalents. Amounts included in restricted cash represent (1) certain security deposits received from tenants at the inception of their leases; (2) cash required to be held by a third-party lender as a reserve for debt service; and (3) funds held by the Company related to tenant reimbursements. The following table provides a reconciliation of the Company’s cash and cash equivalents and restricted cash that sums to the total of those amounts at the end of the periods presented on the Company’s accompanying Condensed Consolidated Statements of Cash Flows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of June 30, ​ 2020 2019 Cash and cash equivalents $ 8,392 $ 3,216 Restricted cash ​ ​ 4,945 ​ ​ 2,656 Total cash and cash equivalents and restricted cash $ 13,337 $ 5,872 ​ Tenant Receivables The tenant receivable balance as of June 30, 2020 and December 31, 2019 was $5,888 and $4,957, respectively. The balance as of June 30, 2020 consisted of $2,272 in funds owed from the Company’s tenants for rent that the Company had earned but had not yet received, $1,221 of loans that were made to two of the Company’s tenants, $2,371 of tenant reimbursements, as well as $24 in miscellaneous receivables. The balance as of December 31, 2019 consisted of $1,428 in funds owed from the Company’s tenants for rent that the Company had earned but had not yet received, $1,062 of loans that were made to two of the Company’s tenants, $2,342 of tenant reimbursements, as well as $125 in miscellaneous receivables. The Company adopted the provisions of ASU 2016-13, “Financial Instruments - Credit Losses (Topic 326)” (“ASU 2016-03”) effective January 1, 2020. Receivables arising from operating leases are not within the scope of Subtopic 326-20. Instead, impairment of these receivables should be accounted for in accordance with ASC Topic 842 “Leases” (“ASC Topic 842”). The adoption of ASU 2016-03 did not have a material impact on the Company’s condensed consolidated financial statements or related disclosures. The Company assesses the likelihood of losses resulting from tenant defaults, or the inability of tenants to make contractual rent and tenant recovery payments at each reporting date. The Company also monitors the liquidity and creditworthiness of its tenants and operators on a continuous basis. If the likelihood of a tenant paying its lease payments is determined to no longer be probable, all tenant receivables, including deferred rent, are written off against revenue and any future revenue for that tenant is recognized only upon receipt of cash. In addition, a portfolio level reserve is established on those leases that are probable of collection to ensure that the tenant lease receivables are not overstated. Escrow Deposits The escrow balance as of June 30, 2020 and December 31, 2019 was $3,301 and $3,417, respectively. Escrow deposits include funds held in escrow to be used for the acquisition of properties in the future and for the payment of taxes, insurance, and other amounts as stipulated by the Company’s Cantor Loan and the Dumfries Loan, as hereinafter defined. Deferred Assets The deferred assets balance as of June 30, 2020 and December 31, 2019 was $17,433 and $14,512, respectively. The balance as of June 30, 2020 consisted of $17,328 in deferred rent receivables resulting from the recognition of revenue from leases with fixed annual rental escalations on a straight-line basis and $105 of other deferred costs. The balance as of December 31, 2019 consisted of $14,204 in deferred rent receivables resulting from the recognition of revenue from leases with fixed annual rental escalations on a straight-line basis and $308 of other deferred costs. Other Assets The other assets balance as of June 30, 2020 and December 31, 2019 was $3,587 and $3,593, respectively. The balance as of June 30, 2020 consisted of $3,044 for a right of use asset (refer to Note 8 – “Leases” for additional details), $365 in capitalized preacquisition costs, and $178 in a prepaid asset. The balance as of December 31, 2019 consisted of $3,077 for a right of use asset, $223 in capitalized preacquisition costs, and $293 in a prepaid asset. Security Deposits and Other The security deposits and other liability balance as of June 30, 2020 and December 31, 2019 was $5,814 and $6,351, respectively. The balance as of June 30, 2020 consisted of security deposits of $4,533 and a tenant impound liability of $1,281 related to amounts owed for specific tenant expenses, such as real estate taxes and insurance. The balance as of December 31, 2019 consisted of security deposits of $4,968 and a tenant impound liability of $1,383 related to amounts owed for specific tenant expenses, such as real estate taxes and insurance. Derivative Instruments - Interest Rate Swaps As of June 30, 2020 and December 31, 2019, the Company’s liability balance related to interest rate swap derivative instruments that were designated as cash flow hedges of interest rate risk was $21,495 and $6,491, respectively. In accordance with the Company’s risk management strategy, the purpose of the interest rate swaps is to manage interest rate risk for certain of the Company’s variable-rate debt. The interest rate swaps involve the Company’s receipt of variable-rate amounts from three counterparties in exchange for the Company making fixed-rate payments over the life of the agreement. The Company accounts for derivative instruments in accordance with the provisions of ASC Topic 815, “Derivatives and Hedging.” Refer to Note 4 – “Credit Facility, Notes Payable and Derivative Instruments” for additional details. Recent Accounting Pronouncements Lease Modifications Due to the business disruptions and challenges severely affecting the global economy caused by the COVID-19 pandemic, many lessors may be required to provide rent deferrals and other lease concessions to lessees. While the lease modification guidance in ASC Topic 842 addresses routine changes to lease terms resulting from negotiations between the lessee and the lessor, this guidance did not contemplate concessions being so rapidly executed to address the sudden liquidity constraints of some lessees arising from the COVID-19 pandemic. In April 2020, the Financial Accounting Standards Board (“FASB”) staff issued a question and answer document (the “Lease Modification Q&A”) focused on the application of lease accounting guidance to lease concessions provided as a result of the COVID-19 pandemic. Under existing lease guidance, the Company would have to determine, on a lease-by-lease basis, if a lease concession was the result of a new arrangement reached with the tenant (treated within the lease modification accounting framework) or if a lease concession was under the enforceable rights and obligations within the existing lease agreement (precluded from applying the lease modification accounting framework). The Lease Modification Q&A allows the Company, if certain criteria have been met, to bypass the lease-by-lease analysis, and instead elect to either apply the lease modification accounting framework or not, with such election applied consistently to leases with similar characteristics and similar circumstances. The Company has elected to apply such relief and will avail itself of the election to avoid performing a lease-by-lease analysis for the lease concessions that were (1) granted as relief due to the COVID-19 pandemic and (2) result in the cash flows remaining substantially the same or less. The Lease Modification Q&A has no material impact on the Company’s condensed consolidated financial statements as of and for the three and six months ended June 30, 2020. However, its future impact on the Company is dependent upon the extent of lease concessions granted to tenants as a result of the COVID-19 pandemic in future periods and the elections made by the Company at the time of entering such concessions. Reference Rate Reform During the six months ended June 30, 2020, the FASB issued Accounting Standards Update (“ASU”) 2020-04, Reference Rate Reform (Topic 848) (“ASU 2020-04”). ASU 2020-04 contains practical expedients for reference rate reform-related activities that impact debt, leases, derivatives and other contracts. The guidance in ASU 2020-04 is optional and may be elected over time as reference rate reform activities occur. During the six months ended June 30, 2020, the Company has elected to apply the hedge accounting expedients related to probability and the assessments of effectiveness for future LIBOR-indexed cash flows to assume that the index upon which future hedged transactions will be based matches the index on the corresponding derivatives. Application of these expedients preserves the presentation of derivatives consistent with past presentation. The Company continues to evaluate the impact of the guidance and may apply other elections as applicable as additional changes in the market occur.

Property Portfolio

Property Portfolio	6 Months Ended
	Jun. 30, 2020
Property Portfolio
Property Portfolio	Note 3 – Property Portfolio Summary of Properties Acquired During the Six Months Ended June 30, 2020 During the six months ended June 30, 2020 the Company completed five acquisitions. For each acquisition, substantially all of the fair value was concentrated in a single identifiable asset or group of similar identifiable assets and, therefore, each acquisition represents an asset acquisition. Accordingly, transaction costs for these acquisitions were capitalized. A rollforward of the gross investment in land, building, improvements, and acquired lease intangible assets as of June 30, 2020 resulting from these acquisitions is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Site Tenant Acquired Lease Gross Investment in ​ ​ Land ​ Building ​ Improvements ​ Improvements ​ Intangible Assets ​ Real Estate Balances as of December 31, 2019 ​ $ 95,381 ​ $ 693,533 ​ $ 9,912 ​ $ 33,909 ​ $ 72,794 ​ $ 905,529 Facility Acquired – Date Acquired: ​ ​ ​ ​ ​ ​ High Point – 2/13/20 ​ 1,749 ​ 20,367 ​ 440 ​ 869 ​ 1,656 ​ 25,081 Clinton – 2/27/20 ​ 664 ​ 6,551 ​ 342 ​ 1,578 ​ 2,484 ​ 11,619 West Allis – 3/4/20 ​ 974 ​ 7,687 ​ 137 ​ 98 ​ 461 ​ 9,357 Grand Rapids – 3/20/20 ​ 2,947 ​ 17,341 ​ 470 ​ 450 ​ 1,582 ​ 22,790 Dumfries– 4/27/20 ​ ​ 2,597 ​ ​ 10,047 ​ ​ 289 ​ ​ 4,815 ​ ​ 4,292 ​ ​ 22,040 Capitalized costs (1) ​ ​ 4 ​ ​ 281 ​ ​ 3 ​ ​ 172 ​ ​ — ​ ​ 460 Total Additions : ​ 8,935 ​ 62,274 ​ 1,681 ​ 7,982 ​ 10,475 ​ 91,347 Balances as of June 30, 2020 ​ $ 104,316 ​ $ 755,807 ​ $ 11,593 ​ $ 41,891 ​ $ 83,269 ​ $ 996,876 (1) Represents capital projects that were completed and placed in service during the six months ended June 30, 2020 related to the Company’s existing facilities. Depreciation expense was $6,593 and $12,429 for the three and six months ended June 30, 2020, respectively, and $4,608 and $8,475 for the three and six months ended June 30, 2019, respectively. As of June 30, 2020, the Company had aggregate capital improvement commitments and obligations to improve, expand, and maintain the Company’s existing facilities of approximately $19,400. Many of these amounts are subject to contingencies that make it difficult to predict when they will be utilized, if at all. In accordance with the terms of the Company’s leases, capital improvement obligations in the next twelve months could total up to approximately $7,300. The following is a summary of the acquisitions completed during the six months ended June 30, 2020. High Point Facility On February 13, 2020, the Company purchased a medical office building located in High Point, North Carolina (the “High Point Facility”) for a purchase price of approximately $25.1 million. Upon closing, the Company assumed the existing lease of the High Point Facility with Wake Forest Health Network, LLC, as tenant. At acquisition, the lease had approximately three years remaining in the current term, exclusive of a tenant renewal option. The following table presents the details of the tangible and intangible assets acquired and liabilities assumed: ​ ​ ​ ​ ​ Land and site improvements $ 2,189 Building and tenant improvements ​ 21,236 In-place leases ​ 1,207 Leasing costs ​ 449 Total purchase price ​ $ 25,081 ​ Clinton Facility On February 27, 2020, the Company purchased a medical office building located in Clinton, Iowa (the “Clinton Facility”) for a purchase price of approximately $11.6 million. Upon closing, the Company assumed the existing lease of the Clinton Facility with Mercy Medical Center – Clinton, Inc. d/b/a MercyOne Clinton Medical Center, as tenant. At acquisition, the lease had approximately four years remaining in the initial term, exclusive of a tenant renewal option. The following table presents the details of the tangible and intangible assets acquired and liabilities assumed: ​ ​ ​ ​ ​ Land and site improvements $ 1,006 Building and tenant improvements ​ 8,129 In-place leases ​ 2,115 Leasing costs ​ 369 Total purchase price ​ $ 11,619 ​ West Allis Facility On March 4, 2020, the Company purchased a medical office building located in West Allis, Wisconsin (the “West Allis Facility”) for a purchase price of approximately ​ ​ ​ ​ ​ Land and site improvements $ 1,111 Building and tenant improvements ​ 7,785 In-place leases ​ 263 Leasing costs ​ 198 Below-market lease intangibles ​ (264) Total purchase price ​ $ 9,093 ​ Grand Rapids Facilities On March 20, 2020, the Company purchased a four-building medical office building portfolio located in the greater Grand Rapids, Michigan area (the “Grand Rapids Facilities”) for a total purchase price of approximately $22.7 million. Upon closing, the Company assumed 11 existing leases at the Grand Rapids Facilities (the “Grand Rapids Leases”). At acquisition, the Grand Rapids Leases had a weighted-average remaining term of five years, exclusive of tenant renewal options. The following table presents the details of the tangible and intangible assets acquired and liabilities assumed: ​ ​ ​ ​ ​ Land and site improvements $ 3,417 Building and tenant improvements ​ 17,791 In-place leases ​ 761 Above-market lease intangibles ​ 685 Leasing costs ​ 136 Below-market lease intangibles ​ (125) Total purchase price ​ $ 22,665 ​ Dumfries Facility On April 27, 2020, the Company purchased a medical office building located in Dumfries, Virginia (the “Dumfries Facility”) for a total purchase price of approximately $19.6 million. Upon closing, the Company assumed the existing lease at the Dumfries Facility (the “Dumfries Lease”). At acquisition, the Dumfries Lease had approximately nine and a half years left in the initial term, exclusive of tenant renewal options. The following table presents the details of the tangible and intangible assets acquired and liabilities assumed: ​ ​ ​ ​ ​ Land and site improvements $ 2,886 Building and tenant improvements ​ 14,862 In-place leases ​ 3,255 Leasing costs ​ 1,037 Below-market lease intangibles ​ (2,419) Total purchase price ​ $ 19,621 ​ In connection with this acquisition, the Company assumed an existing $12.1 million commercial mortgage-backed securities (“CMBS”) loan with an interest rate of 4.68% and a term of four years. Summary of Properties Acquired During the Year Ended December 31, 2019 During the year ended December 31, 2019 the Company completed 18 acquisitions. For each acquisition, substantially all of the fair value was concentrated in a single identifiable asset or group of similar identifiable assets and, therefore, each acquisition represents an asset acquisition. Accordingly, transaction costs for these acquisitions were capitalized. A rollforward of the gross investment in land, building, improvements, and acquired lease intangible assets as of December 31, 2019 resulting from these acquisitions is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Site ​ Tenant ​ Acquired Lease Gross Investment in ​ ​ Land ​ Building ​ Improvements ​ Improvements ​ Intangible Assets ​ Real Estate Balances as of December 31, 2018 ​ $ 63,710 ​ $ 518,451 ​ $ 6,880 ​ $ 15,357 ​ $ 43,152 ​ $ 647,550 Facility Acquired – Date Acquired: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Zachary – 2/28/19 ​ — ​ 3,336 ​ 103 ​ ​ 409 ​ 835 ​ 4,683 Gilbert and Chandler – 3/19/19 ​ 4,616 ​ 11,643 ​ — ​ ​ — ​ — ​ 16,259 Las Vegas – 4/15/19 ​ ​ 2,479 ​ ​ 15,277 ​ ​ 244 ​ ​ 2,205 ​ ​ 2,297 ​ ​ 22,502 Oklahoma Northwest – 4/15/19 ​ ​ 2,364 ​ ​ 19,501 ​ ​ 143 ​ ​ 3,044 ​ ​ 3,155 ​ ​ 28,207 Mishawaka – 4/15/19 ​ ​ 1,924 ​ ​ 10,084 ​ ​ 74 ​ ​ 1,798 ​ ​ 2,223 ​ ​ 16,103 Surprise – 4/15/19 ​ ​ 1,738 ​ ​ 18,737 ​ ​ 228 ​ ​ 4,119 ​ ​ 3,860 ​ ​ 28,682 San Marcos – 7/12/19 ​ ​ 2,322 ​ ​ 6,934 ​ ​ 126 ​ ​ 404 ​ ​ 2,188 ​ ​ 11,974 Lansing – 8/1/19 ​ ​ 1,202 ​ ​ 7,681 ​ ​ 185 ​ ​ 667 ​ ​ 1,633 ​ ​ 11,368 Bannockburn – 8/5/19 ​ ​ 763 ​ ​ 3,566 ​ ​ 132 ​ ​ 1,134 ​ ​ 1,382 ​ ​ 6,977 Aurora – 8/6/19 ​ ​ 1,521 ​ ​ 7,446 ​ ​ 308 ​ ​ 603 ​ ​ 2,679 ​ ​ 12,557 Livonia – 8/14/19 ​ ​ 980 ​ ​ 7,629 ​ ​ 201 ​ ​ 442 ​ ​ 1,340 ​ ​ 10,592 Gilbert – 8/23/19 ​ ​ 2,408 ​ ​ 2,027 ​ ​ 62 ​ ​ 362 ​ ​ 733 ​ ​ 5,592 Morgantown – 9/26/19 ​ ​ 883 ​ ​ 5,286 ​ ​ 373 ​ ​ 506 ​ ​ 902 ​ ​ 7,950 Beaumont – 10/1/19 ​ ​ 3,022 ​ ​ 24,836 ​ ​ 399 ​ ​ 1,036 ​ ​ 4,446 ​ ​ 33,739 Bastrop – 10/25/19 ​ ​ 1,975 ​ ​ 8,436 ​ ​ 64 ​ ​ 276 ​ ​ 1,314 ​ ​ 12,065 Panama City – 10/31/19 ​ ​ 1,559 ​ ​ 8,682 ​ ​ 220 ​ ​ 1,036 ​ ​ 1,479 ​ ​ 12,976 Jacksonville – 11/15/19 ​ ​ 1,023 ​ ​ 7,846 ​ ​ — ​ ​ — ​ ​ — ​ ​ 8,869 Greenwood – 12/17/19 ​ ​ 892 ​ ​ 4,956 ​ ​ — ​ ​ — ​ ​ — ​ ​ 5,848 ASC Topic 842 Reclassification ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ (824) ​ ​ (824) Capitalized costs (1) ​ ​ — ​ ​ 1,179 ​ ​ 170 ​ ​ 511 ​ ​ — ​ ​ 1,860 Total Additions: ​ 31,671 ​ 175,082 ​ 3,032 ​ ​ 18,552 ​ ​ 29,642 ​ 257,979 Balances as of December 31, 2019 ​ $ 95,381 ​ $ 693,533 ​ $ 9,912 ​ $ 33,909 ​ $ 72,794 ​ $ 905,529 (1) Represents capital projects that were completed and placed in service during the year ended December 31, 2019 related to the Company’s existing facilities. The following is a summary of the acquisitions completed during the year ended December 31, 2019. Zachary Facility On February 28, 2019, the Company assumed the following leasehold interests in the real property located in Zachary, Louisiana for a purchase price of approximately $4.6 million: (i) the interest, as ground lessee, in an existing ground lease of the facility, with approximately 46 years remaining in the initial term with no extension options; and (ii) the interest, as landlord, in an existing lease of the facility with LTAC Hospital of Feliciana, LLC, as tenant. At acquisition, the lease had approximately 16 years remaining in the initial term, exclusive of tenant renewal options. The following table presents the details of the tangible and intangible assets acquired and liabilities assumed: ​ ​ ​ ​ ​ Land and site improvements $ 103 Building and tenant improvements ​ ​ 3,745 In-place leases ​ ​ 305 Above-market lease intangibles ​ ​ 117 Leasing costs ​ ​ 413 Below-market lease intangibles ​ ​ (34) Total purchase price ​ $ 4,649 ​ Gilbert and Chandler Facilities On March 19, 2019, the Company purchased the following facilities located in Gilbert, Arizona and Chandler, Arizona for a total purchase price of approximately $16.3 million: (i) two medical office buildings located in Gilbert, Arizona and (ii) two medical office suites located in Chandler, Arizona (collectively, the “Gilbert and Chandler Facilities”). Upon the closing of the acquisition, the Company assumed the seller’s interest, as lessor, in two existing leases and entered into three new leases, as lessor, at the Gilbert and Chandler Facilities. At acquisition, the Gilbert and Chandler leases had a weighted average remaining lease term of 10.5 years, exclusive of tenant renewal options. IRF Portfolio On April 15, 2019, the Company purchased four in-patient rehabilitation facilities located in Las Vegas, Nevada; Surprise, Arizona; Oklahoma City, Oklahoma; and Mishawaka, Indiana (collectively, the “IRF Portfolio”) for a total purchase price of approximately $94.6 million. Upon the closing of the acquisition, the Company assumed the sellers’ interest, as lessor, in four existing leases at the properties (collectively, the “IRF Portfolio Leases”) with (i) Encompass Health (Las Vegas, Nevada facility); (ii) a joint venture between Cobalt Rehabilitation and Tenet Healthcare (the Surprise, Arizona facility); (iii) a joint venture between Mercy Health and Kindred Healthcare (the Oklahoma City, Oklahoma facility); and (iv) St. Joseph’s Health System (the Mishawaka, Indiana facility). At acquisition, the IRF Portfolio leases had a weighted average remaining lease term of approximately 8.3 years, exclusive of tenant renewal options. The following table presents the details of the tangible and intangible assets acquired and liabilities assumed: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Oklahoma ​ ​ ​ ​ Las Vegas ​ Surprise ​ City ​ Mishawaka Land and site improvements ​ $ 2,723 ​ $ 1,966 ​ $ 2,507 ​ $ 1,998 Building and tenant improvements ​ 17,482 ​ 22,856 ​ 22,545 ​ 11,882 In-place leases ​ 1,778 ​ 1,845 ​ 1,890 ​ 1,465 Above-market lease intangibles ​ — ​ 938 ​ 367 ​ 236 Leasing costs ​ 519 ​ 1,077 ​ 898 ​ 522 Below-market lease intangibles ​ (863) ​ — ​ — ​ — Total purchase price ​ $ 21,639 ​ $ 28,682 ​ $ 28,207 ​ $ 16,103 ​ San Marcos Facility On July 12, 2019, the Company purchased a medical office building located in San Marcos, California (the “San Marcos Facility”) for a purchase price of approximately $12.0 million. Upon closing, the Company assumed the existing lease of the San Marcos Facility with California Cancer Associates for Research and Excellence, Inc., as tenant. At acquisition, the lease had eight years remaining in the initial term, exclusive of tenant renewal options. The following table presents the details of the tangible and intangible assets acquired and liabilities assumed: ​ ​ ​ ​ ​ Land and site improvements $ 2,448 Building and tenant improvements ​ 7,338 In-place leases ​ 698 Above-market lease intangibles ​ 1,101 Leasing costs ​ 389 Total purchase price ​ $ 11,974 ​ Lansing Facilities On August 1, 2019, the Company purchased the following real property and buildings thereon located in Lansing, Michigan for a total purchase price of approximately $11.1 million: (i) 3390 East Jolly Road; (ii) 3955 Patient Care Drive; and (iii) 3400 East Jolly Road (collectively, the “Lansing Facilities”). Upon closing, the Company assumed sellers’ interest, as lessor, in four existing leases and entered into two new leases at the Lansing Facilities (the “Lansing Leases”). At acquisition, the Lansing Leases had a weighted-average remaining term of 8.5 years, exclusive of tenant renewal options. The following table presents the details of the tangible and intangible assets acquired and liabilities assumed: ​ ​ ​ ​ ​ Land and site improvements $ 1,387 Building and tenant improvements ​ 8,348 In-place leases ​ 953 Above-market lease intangibles ​ 130 Leasing costs ​ 550 Below-market lease intangibles ​ (248) Total purchase price ​ $ 11,120 ​ Bannockburn Facility On August 5, 2019, the Company purchased an office building located in Bannockburn, Illinois (the “Bannockburn Facility”) for a purchase price of approximately $6.8 million. Upon closing, the Company assumed seller’s interest, as lessor, in 14 existing leases at the Bannockburn Facility (the “Bannockburn Leases”). At acquisition, the Bannockburn Leases had a weighted-average remaining term of 6.3 years, exclusive of tenant renewal options. The following table presents the details of the tangible and intangible assets acquired and liabilities assumed: ​ ​ ​ ​ ​ Land and site improvements $ 895 Building and tenant improvements ​ 4,700 In-place leases ​ 796 Above-market lease intangibles ​ 250 Leasing costs ​ 336 Below-market lease intangibles ​ (144) Total purchase price ​ $ 6,833 ​ Aurora Facility On August 6, 2019, the Company purchased a medical office building located in Aurora, Illinois (the “Aurora Facility”) for a purchase price of approximately $12.6 million. Upon closing, the Company assumed the existing lease of the Aurora Facility with Dreyer Clinic Inc., as tenant (the “Dreyer Lease”). At acquisition, the Dreyer Lease had approximately six years remaining in the initial term, exclusive of tenant renewal options. The following table presents the details of the tangible and intangible assets acquired and liabilities assumed: ​ ​ ​ ​ ​ Land and site improvements $ 1,829 Building and tenant improvements ​ 8,049 In-place leases ​ 1,417 Above-market lease intangibles ​ 861 Leasing costs ​ 401 Total purchase price ​ $ 12,557 ​ Livonia Facility On August 14, 2019, the Company purchased a medical office building located in Livonia, Michigan (the “Livonia Facility”) for a purchase price of approximately $10.4 million. Upon closing, the Company assumed 10 existing leases at the Livonia Facility (the “Livonia Leases”). At acquisition, the Livonia Leases had a weighted-average remaining term of 3.2 years, exclusive of tenant renewal options. The following table presents the details of the tangible and intangible assets acquired and liabilities assumed: ​ ​ ​ ​ ​ Land and site improvements $ 1,181 Building and tenant improvements ​ 8,071 In-place leases ​ 1,252 Above-market lease intangibles ​ 53 Leasing costs ​ 35 Below-market lease intangibles ​ (236) Total purchase price ​ $ 10,356 ​ Gilbert Facility On August 23, 2019, the Company purchased certain condominium units within two medical office buildings located in Gilbert, Arizona (the “Gilbert Facility”) for a total purchase price of approximately $5.6 million. Upon closing, the Company leased the Gilbert Facility to Covenant Surgical Partners, Inc., a Delaware corporation (the “Covenant Lease”). At acquisition, the Covenant Lease had approximately 10 years remaining in the initial term, exclusive of tenant renewal options. The following table presents the details of the tangible and intangible assets acquired and liabilities assumed: ​ ​ ​ ​ ​ Land and site improvements $ 2,470 Building and tenant improvements ​ 2,389 In-place leases ​ 121 Above-market lease intangibles ​ 300 Leasing costs ​ 312 Total purchase price ​ $ 5,592 ​ Morgantown Facility On September 26, 2019, the Company purchased a parcel of land and an office building that is being constructed thereon located in Morgantown, West Virginia (the “Morgantown Facility”) for a total purchase price of approximately $8.0 million. Upon closing, the Company assumed the existing lease of the Morgantown Facility with Urgent Care MSO, LLC, as tenant (the “Urgent Care Lease”). At acquisition, the Urgent Care Lease had approximately ten years remaining in the initial term, exclusive of tenant renewal options. The following table presents the details of the tangible and intangible assets acquired and liabilities assumed: ​ ​ ​ ​ ​ Land and site improvements $ 1,256 Building and tenant improvements ​ 5,792 In-place leases ​ 457 Leasing costs ​ 445 Total purchase price ​ $ 7,950 ​ Beaumont Facility On October 1, 2019, the Company purchased a medical office building located in Beaumont, Texas (the “Beaumont Facility”) for a total purchase price of approximately $33.7 million. Upon closing, the Company assumed the existing lease of the Beaumont Facility with The Medical Center of Southeast Texas, LP, as tenant (the “Medical Center Lease”). At acquisition, the Medical Center Lease had 10 years remaining in the initial term, exclusive of tenant renewal options. The following table presents the details of the tangible and intangible assets acquired and liabilities assumed: ​ ​ ​ ​ ​ Land and site improvements $ 3,421 Building and tenant improvements ​ ​ 25,872 In-place leases ​ ​ 3,304 Leasing costs ​ ​ 1,142 Total purchase price ​ $ 33,739 ​ Bastrop Facility On October 25, 2019, the Company purchased a medical emergency center located in Bastrop, Texas (the “Bastrop Facility”) for a total purchase price of approximately $12.1 million. Upon closing, the Company assumed the existing lease of the Bastrop Facility with St. David’s Healthcare Partnership, L.P., LLP, as tenant (the “St. David’s Lease”). At acquisition, the St. David’s Lease had approximately five years remaining in the initial term, exclusive of tenant renewal options. The following table presents the details of the tangible and intangible assets acquired and liabilities assumed: ​ ​ ​ ​ ​ Land and site improvements $ 2,039 Building and tenant improvements ​ ​ 8,712 In-place leases ​ ​ 990 Leasing costs ​ ​ 324 Total purchase price ​ $ 12,065 ​ Panama City Facilities On October 31, 2019, the Company purchased: (i) a medical office building located in Panama City, Florida (the “Panama City Facility”); (ii) a medical office building located in Panama City Beach, Florida (the “PCB Facility”); and (iii) a medical office building located in Chipley, Florida (the “Chipley Facility”) for a total purchase price of approximately $13.0 million. Upon closing, the Company assumed the existing leases with SCP Eye Care Services, LLC, as tenant (the “SCP Leases”), at the Panama City Facility, the PCB Facility and the Chipley Facility. At acquisition, the SCP Leases had approximately 15 years remaining in the initial term, exclusive of tenant renewal options. The following table presents the details of the tangible and intangible assets acquired and liabilities assumed: ​ ​ ​ ​ ​ Land and site improvements $ 1,779 Building and tenant improvements ​ 9,718 In-place leases ​ 405 Leasing costs ​ 1,074 Total purchase price ​ $ 12,976 ​ Jacksonville Facilities On November 15, 2019, the Company purchased a condominium unit located in Ponte Vedra, Florida (the “Ponte Vedra Facility”) and a medical office building located in Jacksonville, Florida (the “Riverside Facility”) for a total purchase price of approximately $8.9 million. Upon closing, the Company entered into new leases of the Ponte Vedra Facility and the Riverside Facility to Southeast Orthopedic Specialists, Inc., as tenant, with each lease having an initial term of 15 years, exclusive of tenant renewal options. The following table presents the details of the tangible assets acquired: ​ ​ ​ ​ ​ Land and site improvements $ 1,023 Building and tenant improvements ​ ​ 7,846 Total purchase price ​ $ 8,869 ​ Greenwood Facility On December 17, 2019, the Company purchased a medical office building located in Greenwood, Indiana (the “Greenwood Facility”) for a purchase price of approximately $5.8 million. Upon closing, the Company assumed the existing leases of the Greenwood Facility with (i) Indiana Eye Clinic, LLC, as tenant, (ii) Glasshouse Optical, Inc., as tenant, and (iii) The Ambulatory Surgery Center at the Indiana Eye Clinic, LLC, as tenant. At acquisition, each lease had approximately 13 years remaining in the initial terms, exclusive of tenant renewal options. The following table presents the details of the tangible assets acquired: ​ ​ ​ ​ ​ Land and site improvements $ 892 Building and tenant improvements ​ ​ 4,956 Total purchase price ​ $ 5,848 ​ Intangible Assets and Liabilities The following is a summary of the carrying amount of intangible assets and liabilities as of the dates presented: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of June 30, 2020 ​ ​ ​ ​ ​ Accumulated ​ ​ ​ ​ Cost Amortization Net Assets ​ ​ ​ ​ ​ ​ ​ ​ ​ In-place leases ​ $ 47,031 ​ $ (10,847) ​ $ 36,184 Above market leases ​ 12,932 ​ (3,144) ​ 9,788 Leasing costs ​ 23,306 ​ (4,731) ​ 18,575 ​ ​ $ 83,269 ​ $ (18,722) ​ $ 64,547 Liability ​ ​ ​ ​ ​ ​ ​ ​ ​ Below market leases ​ $ 6,670 ​ $ (1,072) ​ $ 5,598 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2019 ​ ​ ​ Accumulated ​ ​ ​ ​ Cost ​ Amortization ​ Net Assets ​ ​ ​ In-place leases ​ $ 39,429 ​ $ (7,851) ​ $ 31,578 Above market leases ​ 12,246 ​ (2,366) ​ 9,880 Leasing costs ​ 21,119 ​ (3,458) ​ 17,661 ​ ​ $ 72,794 ​ $ (13,675) ​ $ 59,119 Liability ​ ​ ​ ​ ​ ​ Below market leases ​ $ 3,861 ​ $ (697) ​ $ 3,164 ​ The following is a summary of the acquired lease intangible amortization: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Six Months Ended ​ ​ June 30, ​ June 30, ​ 2020 2019 2020 2019 Amortization expense related to in-place leases ​ $ 1,663 ​ $ 852 ​ $ 2,996 ​ $ 1,529 Amortization expense related to leasing costs ​ $ 685 ​ $ 403 ​ $ 1,273 ​ $ 728 Decrease in rental revenue related to above market leases ​ $ 403 ​ $ 279 ​ $ 778 ​ $ 552 Increase in rental revenue related to below market leases ​ $ 247 ​ $ 89 ​ $ 375 ​ $ 147 ​ As of June 30, 2020, scheduled future aggregate net amortization of the acquired lease intangible assets and liabilities for each year ended December 31 is listed below: ​ ​ ​ ​ ​ ​ ​ ​ ​ Net Decrease Net Increase ​ ​ in Revenue ​ in Expenses 2020 (six months remaining) ​ $ (220) ​ $ 4,848 2021 ​ (444) ​ 9,077 2022 ​ (462) ​ 8,654 2023 ​ (496) ​ 7,740 2024 ​ (302) ​ 6,444 Thereafter ​ (2,266) ​ 17,996 Total ​ $ (4,190) ​ $ 54,759 ​ As of June 30, 2020 the weighted average amortization periods for asset lease intangibles and liability lease intangibles were 5.71 years and 4.77 years, respectively.

Credit Facility, Notes Payable

Credit Facility, Notes Payable and Derivative Instruments	6 Months Ended
	Jun. 30, 2020
Credit Facility, Notes Payable and Derivative Instruments
Credit Facility, Notes Payable and Derivative Instruments	Note 4 –Credit Facility, Notes Payable and Derivative Instruments Credit Facility The Company, the Operating Partnership, as borrower, and certain of its subsidiaries (such subsidiaries, the “Subsidiary Guarantors”) are parties to a $500 million syndicated credit facility with BMO Harris Bank N.A. (“BMO”), as administrative agent (the “Credit Facility”). The Credit Facility consists of a $300 million term-loan component (the “Term Loan”) and a $200 million revolver component (the “Revolver”). The Credit Facility also contains a $150 million accordion. The term of the Company’s Credit Facility expires in August 2022, subject to a one-year extension option. Amounts outstanding under the Credit Facility bear interest at a floating rate that is based on LIBOR plus a specified margin based on the Company’s leverage. The Subsidiary Guarantors and the Company are guarantors of the obligations under the Credit Facility. The amount available to borrow from time to time under the Credit Facility is limited according to a quarterly borrowing base valuation of certain properties owned by the Subsidiary Guarantors. The Operating Partnership is subject to a number of financial covenants under its Credit Facility, including, among other things, (i) a maximum consolidated leverage ratio as of the end of each fiscal quarter of less than 0.60:1.00, (ii) a minimum fixed charge coverage ratio of 1.50:1.00, (iii) a minimum net worth of $203.8 million plus 75% of all net proceeds raised through equity offerings subsequent to March 31, 2018 and (iv) a ratio of total secured recourse debt to total asset value of not greater than 0.10:1.00. Additionally, beginning at the end of fourth quarter of 2020, the Company’s distributions to common stockholders will be limited to an amount equal to 95% of its AFFO. As of June 30, 2020, the Company was in compliance with all of the financial and non-financial covenants contained in the Credit Facility. During the six months ended June 30, 2020, the Company borrowed $88,700 under the Credit Facility and repaid $20,850, for a net amount borrowed of $67,850. During the six months ended June 30, 2019, the Company borrowed $103,800 under the Credit Facility and repaid $64,600 for a net amount borrowed of $39,200. Interest expense incurred on the Credit Facility was $3,476 and $7,061, for the three and six months ended June 30, 2020, respectively, and $3,313 and $6,552 for the three and six months ended June 30, 2019, respectively. As of June 30, 2020 and December 31, 2019, the Company had the following outstanding borrowings under the Credit Facility: ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2020 December 31, 2019 Revolver ​ $ 119,200 ​ $ 51,350 Term Loan ​ 300,000 ​ 300,000 Less: Unamortized debt issuance costs ​ (3,350) ​ (3,832) Credit Facility, net ​ $ 415,850 ​ $ 347,518 ​ Costs incurred related to the Credit Facility, net of accumulated amortization, are netted against the Company’s “Credit Facility, net of unamortized debt issuance costs” balance in the accompanying Condensed Consolidated Balance Sheets. The Company paid $59 and $422 related to modifications to the Credit Facility as well as fees related to adding properties to the borrowing base during the six months ended June 30, 2020 and 2019, respectively. Amortization expense incurred was $272 and $541 for the three and six months ended June 30, 2020, respectively, and $291 and $560 for the three and six months ended June 30, 2019, respectively, and is included in the “Interest Expense” line item in the accompanying Condensed Consolidated Statements of Operations. In July 2017, the Financial Conduct Authority (the “FCA”), which regulates LIBOR, announced its intention to stop compelling banks to submit rates for the calculation of LIBOR after 2021. As a result, the Federal Reserve Board and the Federal Reserve Bank of New York organized the Alternative Reference Rates Committee (the “ARRC”), which identified the Secured Overnight Financing Rate (the “SOFR”) as its preferred alternative to USD-LIBOR in derivatives and other financial contracts. The Credit Facility provides that, on or about the LIBOR cessation date (subject to an early opt-in election), LIBOR shall be replaced as a benchmark rate in the Credit Facility with a new benchmark rate to be agreed upon by the Company and BMO, with such adjustments to cause the new benchmark rate to be economically equivalent to LIBOR. The Company is not able to predict when LIBOR will cease to be available or when there will be sufficient liquidity in the SOFR markets. The Company has interest rate swap agreements that are indexed to LIBOR and is monitoring and evaluating the related risks. These risks arise in connection with transitioning contracts to a new alternative rate, including any resulting value transfer that may occur. The value of loans, securities, or derivative instruments tied to LIBOR could also be impacted if LIBOR is limited or discontinued. For some instruments, the method of transitioning to an alternative rate may be challenging, as they may require negotiation with the respective counterparty. If a contract is not transitioned to an alternative rate and LIBOR is discontinued, the impact on our interest rate swap agreements is likely to vary by agreement. If LIBOR is discontinued or if the methods of calculating LIBOR change from their current form, interest rates on our current or future indebtedness may be adversely affected. While the Company expects LIBOR to be available in substantially its current form until the end of 2021, it is possible that LIBOR will become unavailable prior to that point. This could result, for example, if sufficient banks decline to make submissions to the LIBOR administrator. In that case, the risks associated with the transition to an alternative reference rate will be accelerated and potentially magnified. Notes Payable, Net of Debt Issuance Costs The Company’s notes payable, net, includes three loans: (1) the Dumfries Loan, (2) the Cantor Loan, and (3) the West Mifflin Note, described in detail below. The following table sets forth the balances of these loans as of June 30, 2020 and December 31, 2019. ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2020 December 31, 2019 Notes payable, gross ​ $ 51,549 ​ $ 39,475 Less: Unamortized debt issuance costs ​ (668) ​ (667) Cumulative principal repayments ​ (271) ​ (158) Notes payable, net ​ $ 50,610 ​ $ 38,650 ​ Amortization expense incurred related to the debt issuance costs $35 and $68 for the three and six months ended June 30, 2020, respectively, and $33 and $66 for the three and six months ended June 30, 2019, respectively, and is included in the “Interest Expense” line item in the accompanying Condensed Consolidated Statements of Operations. Dumfries Loan On April 27, 2020, in connection with its acquisition of the Dumfries Facility, the Company, through its wholly-owned subsidiary GMR Dumfries LLC, assumed a CMBS loan with a principal amount of $12,074 (“the Dumfries Loan”). The Dumfries Loan has an annual interest rate of 4.68% and matures on June 1, 2024 with principal and interest payable monthly based on a ten year amortization schedule. The Company, at its option, may prepay the loan, subject to a prepayment premium. The Company made principal payments of $43 during the three and six months ended June 30, 2020. The loan balance as of June 30, 2020 was $12,031. Interest expense incurred on this loan was $46 for the three and six months ended June 30, 2020. As of June 30, 2020, scheduled principal payments due for each year ended December 31 were as follows: ​ ​ ​ ​ 2020 (six months remaining) $ 132 2021 ​ 275 2022 ​ 288 2023 ​ 302 2024 ​ 11,034 Total ​ $ 12,031 ​ Cantor Loan On March 31, 2016, through certain of its wholly owned subsidiaries (the “GMR Loan Subsidiaries”), the Company entered into a $32,097 CMBS loan (the “Cantor Loan”). The Cantor Loan has a maturity date of April 6, 2026 and an annual interest of 5.22%. The Cantor Loan requires interest-only payments through March 31, 2021 and thereafter principal and interest based on a 30-year amortization schedule. Prepayment can only occur within four months prior to the maturity date, subject to earlier defeasance. The Cantor Loan is secured by the assets of the GMR Loan Subsidiaries and such subsidiaries are required to maintain a monthly debt service coverage ratio of 1.35:1.00. The note balance as of June 30, 2020 and December 31, 2019 was $32,097. Interest expense incurred on this note was $479 and $902 for the three and six months ended June 30, 2020, respectively, and $423 and $842 for the three and six months ended June 30, 2019, respectively. As of June 30, 2020, scheduled principal payments due for each year ended December 31 were as follows: ​ ​ ​ ​ ​ 2020 (six months remaining) $ — 2021 ​ 282 2022 ​ 447 2023 ​ 471 2024 ​ 492 Thereafter ​ 30,405 Total ​ $ 32,097 ​ West Mifflin Note On September 25, 2015, the Company, through its wholly-owned subsidiary GMR Pittsburgh LLC, as borrower, entered into a $7,378 term loan with Capital One. The note bears interest at 3.72% per annum and has a maturity date of September 25, 2020. The West Mifflin facility serves as collateral for the loan. The note requires a quarterly fixed charge coverage ratio of at least 1:1, a quarterly minimum debt yield of 0.09:1.00, and annualized Operator EBITDAR (as defined in the note) measured on a quarterly basis of not less than $6,000. The Operator is Associates in Ophthalmology, Ltd. and Associates Surgery Centers, LLC. The Company made principal payments of $70 during the six months ended June 30, 2020. The note balance as of June 30, 2020 and December 31, 2019 was $7,150 and $7,220, respectively. Interest expense incurred on this note was $67 and $135 for the three and six months ended June 30, 2020, respectively, and $72 and $138 for the three and six months ended June 30, 2019, respectively. Derivative Instruments - Interest Rate Swaps As of June 30, 2020, the Company had the following five interest rate swaps that are used to manage its interest rate risk and fix the LIBOR component of certain of its floating rate debt: ​ ​ ​ ​ ​ ​ ​ ​ ​ Counterparty Notional Amount Fixed LIBOR Rate Maturity ​ ​ ​ ​ ​ ​ ​ BMO ​ $ 100 million ​ 2.88 % August 2023 BMO ​ ​ 90 million 1.21 % August 2024 Truist Bank ​ ​ 40 million 1.21 % August 2024 Truist Bank ​ ​ 40 million 2.93 % August 2024 Citizens Bank, National Association ​ ​ 30 million 2.93 % August 2024 Total/Weighted Average ​ $ 300 million 2.17 % ​ In accordance with the provisions of ASC Topic 815, the Company records the swaps either as an asset or a liability measured at its fair value at each reporting period. When hedge accounting is applied, the change in the fair value of derivatives designated and that qualify as cash flow hedges is (i) recorded in accumulated other comprehensive loss in the equity section of the Company’s Condensed Consolidated Balance Sheets and (ii) subsequently reclassified into earnings as interest expense for the period that the hedged forecasted transactions affect earnings. If specific hedge accounting criteria are not met, changes in the Company’s derivative instruments’ fair value are recognized currently as an adjustment to net income. The Company’s interest rate swaps are not traded on an exchange. The Company’s interest rate swaps are recorded at fair value based on a variety of observable inputs including contractual terms, interest rate curves, yield curves, measure of volatility, and correlations of such inputs. The Company measures its derivatives at fair value on a recurring basis based on the expected size of future cash flows on a discounted basis and incorporating a measure of non-performance risk. The fair values are based on Level 2 inputs within the framework of ASC Topic 820, “Fair Value Measurement.” The Company considers its own credit risk, as well as the credit risk of its counterparties, when evaluating the fair value of its derivative instruments. The fair value of the Company’s interest rate swaps was a net liability of $21,495 and $6,491 as of June 30, 2020 and December 31, 2019, respectively. The gross balances are included in the “Derivative Asset’ and “Derivative Liability” line items on the Company’s Condensed Consolidated Balance Sheets as of June 30, 2020 and December 31, 2019, respectively. The table below details the components of the loss presented on the accompanying Condensed Consolidated Statements of Comprehensive (Loss) Income recognized on the Company’s interest rate swaps designated as cash flow hedges for the three and six months ended June 30, 2020 and 2019: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, ​ Six Months Ended June 30, ​ 2020 2019 2020 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amount of loss recognized in other comprehensive loss ​ $ 2,298 ​ $ 3,752 ​ $ 16,765 ​ $ 5,956 Amount of loss reclassified from accumulated other comprehensive loss into interest expense ​ (1,276) ​ (202) ​ (1,785) ​ (384) Total change in accumulated other comprehensive loss ​ $ 1,022 ​ $ 3,550 ​ $ 14,980 ​ $ 5,572 ​ During the next twelve months, the Company estimates that an additional $6,153 will be reclassified as an increase to interest expense. Additionally, during the three and six months ended June 30, 2020, the Company recorded total interest expense in its Condensed Consolidated Statements of Operations of $4,375 and $8,752. Weighted-Average Interest Rate and Term The weighted average interest rate and term of the Company’s debt was 3.46% and 3.27 years at June 30, 2020, compared to 3.90% and 3.76 years as of December 31, 2019.

Equity

Equity	6 Months Ended
	Jun. 30, 2020
Equity
Equity	Note 5 – Equity Preferred Stock The Company’s charter authorizes the issuance of 10,000 shares of preferred stock, par value $0.001 per share. As of June 30, 2020 and December 31, 2019, there were 3,105 shares of Series A Cumulative Redeemable Preferred Stock (“Series A Preferred Stock”), issued and outstanding. The Series A Preferred Stock has a liquidation preference of $25 per share. Preferred stock dividend activity for the six months ended June 30, 2020 is summarized in the following table: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Applicable ​ Quarterly Dividends Date Announced ​ Record Date ​ Quarter ​ Payment Date ​ Dividend ​ per Share ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 13, 2019 January 15, 2020 Q4 2019 January 31, 2020 ​ $ 1,455 ​ $ 0.46875 March 4, 2020 April 15, 2020 Q1 2020 April 30, 2020 ​ $ 1,455 ​ $ 0.46875 June 12, 2020 July 15, 2020 Q2 2020 July 31, 2020 ​ $ 1,455 (1) $ 0.46875 (1) Two months of this amount, equal to $970, was accrued at June 30, 2020. The holders of the Series A Preferred Stock are entitled to receive dividend payments only when, as and if declared by the Company’s board of directors (the “Board”) (or a duly authorized committee of the Board). Dividends will accrue or be payable in cash from the original issue date, on a cumulative basis, quarterly in arrears on each dividend payment date at a fixed rate per annum equal to 7.50% of the liquidation preference of $25.00 per share (equivalent to $1.875 per share on an annual basis). Dividends on the Series A Preferred Stock will be cumulative and will accrue whether or not (i) funds are legally available for the payment of those dividends, (ii) the Company has earnings or (iii) those dividends are declared by the Board. The quarterly dividend payment dates on the Series A Preferred Stock are January 31, April 30, July 31 and October 31 of each year. During each of the six-month periods ended June 30, 2020 and 2019, the Company paid preferred dividends of $2,911. Common Stock The Company has 500,000 authorized shares of common stock, $0.001 par value. As of June 30, 2020 and December 31, 2019, there were 46,252 and 43,806 outstanding shares of common stock, respectively. Common stock dividend activity for the six months ended June 30, 2020 is summarized in the following table: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Applicable ​ Dividend Dividends Date Announced ​ Record Date ​ Quarter ​ Payment Date ​ Amount (1) ​ per Share ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 13, 2019 December 26, 2019 Q4 2019 January 9, 2020 ​ $ 9,541 ​ $ 0.20 March 4, 2020 March 25, 2020 Q1 2020 April 9, 2020 ​ $ 9,610 ​ $ 0.20 June 12, 2020 June 25, 2020 Q2 2020 July 9, 2020 ​ $ 9,861 ​ $ 0.20 (1) Includes distributions on granted LTIP Units and OP Units. During the six months ended June 30, 2020 and 2019, the Company paid total dividends on its common stock, LTIP Units and OP Units in the aggregate amount of $19,675 and $13,467, respectively. As of June 30, 2020 and December 31, 2019, the Company had an accrued dividend balance of $450 and $580 for dividends payable on the aggregate annual and long-term LTIP Units that are subject to retroactive receipt of dividends on the amount of LTIP Units ultimately earned. During the six months ended June 30, 2020, $394 of dividends were accrued and $524 of dividends were paid related to these units. During the six months ended June 30, 2019, $182 of dividends were accrued and $86 of dividends were paid related to these units. The amount of the dividends paid to the Company’s stockholders is determined by the Board and is dependent on a number of factors, including funds available for payment of dividends, the Company’s financial condition and capital expenditure requirements except that, in accordance with the Company’s organizational documents and Maryland law, the Company may not make dividend distributions that would: (i) cause it to be unable to pay its debts as they become due in the usual course of business; (ii) cause its total assets to be less than the sum of its total liabilities plus senior liquidation preferences; or (iii) jeopardize its ability to maintain its qualification as a REIT. OP Units During the six months ended June 30, 2020, three OP Unit holders redeemed an aggregate of 1,185 OP Units for shares of the Company’s common stock with an aggregate redemption value of $15,245. During the year ended December 31, 2019, the Company issued an aggregate of 49 OP Units with a value of $506 in connection with a facility acquisition. Additionally, during the year ended December 31, 2019, two OP Unit holders redeemed an aggregate of 51 OP Units for shares of the Company’s common stock with an aggregate redemption value of $519. As of June 30, 2020 and December 31, 2019, there were 1,958 and 3,143 OP Units issued and outstanding, respectively, with an aggregate value of $12,636 and $27,881, respectively. The OP Unit value at issuance and redemption is based on the Company’s closing share price on the date of the respective transaction and is included as a component of noncontrolling interest equity in the Company’s Condensed Consolidated Balance Sheets as of June 30, 2020 and December 31, 2019. The Company has sufficient shares of common stock authorized pursuant to its charter to cover the redemption of outstanding OP Units.

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2020
Related Party Transactions
Related Party Transactions	Note 6 – Related Party Transactions Management Agreement Upon completion of the Company’s initial public offering on July 1, 2016, the Company and the Advisor entered into an amended and restated management agreement (the “Management Agreement”). Certain material terms of the Management Agreement are summarized in the section titled “ Business — Our Advisor and our Management Agreement Management Fees and Accrued Management Fees The Company’s management fee to the Advisor is calculated in accordance with the terms of the Management Agreement which requires an annual base management fee equal to 1.5% of our stockholders’ equity (as defined in the Management Agreement). For the three and six months ended June 30, 2020, management fees of $2,021 and $4,024, respectively, were incurred and expensed by the Company. For the three and six months ended June 30, 2019, management fees of $1,584 and $2,918, respectively, were incurred and expensed by the Company. Accrued management fees due to the Advisor were $2,021 and $1,727 as of June 30, 2020 and December 31, 2019, respectively. No incentive management fee was incurred by the Company during the three and six months ended June 30, 2020 or 2019. Related Party Balances A rollforward of the due from related parties and due to related party balance, net, as of June 30, 2020 is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Due From ​ ​ ​ ​ ​ ​ ​ Related Parties ​ Due to Related Party,Net ​ ​ ​ ​ ​ Other ​ ​ Funds for ​ Mgmt.Fees ​ Funds due ​ Due to ​ ​ Various ​ due to ​ from ​ Related ​ ​ Purposes ​ Advisor ​ Advisor ​ Party, net Balance as of January 1, 2020 ​ $ 50 $ (1,727) ​ 79 ​ $ (1,648) Management fee expense incurred ​ — (4,024) — ​ (4,024) Management fees paid to Advisor ​ — 3,730 — ​ 3,730 Loans to Advisor ​ — — (15) ​ (15) Loan to related parties ​ 74 — — ​ — Balance as of June 30, 2020 ​ $ 124 $ (2,021) ​ 64 ​ $ (1,957) ​

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2020
Stock-Based Compensation
Stock-Based Compensation	Note 7 – Stock-Based Compensation 2016 Equity Incentive Plan The 2016 Equity Incentive Plan, as amended (the “Plan”), is intended to assist the Company and its affiliates in recruiting and retaining employees, members of the Board, executive officers of the Company, and individuals who provide services to the Company and its affiliates. The Plan is intended to permit the grant of both qualifying and non-qualified options and the grant of stock appreciation rights, restricted stock, unrestricted stock, awards of restricted stock units, performance awards and other equity-based awards (including LTIP Units). Based on the grants outstanding as of June 30, 2020, there are 1,070 shares of common stock that remain available to be granted under the Plan. Units subject to awards under the Plan that are forfeited, cancelled, lapsed, settled in cash or otherwise expired (excluding shares withheld to satisfy exercise prices or tax withholding obligations) are available for grant. Time-Based Grants On March 3, 3020, unless otherwise noted, pursuant to the recommendation of the Compensation Committee of the Board (the “Compensation Committee”), the Board approved the following LTIP Unit activity: ● Determined that 169,169 LTIP Units were earned in accordance with the terms of the previously disclosed 2017 long-term performance award agreements. Of these units, 154,903 were approved by the Board on March 3, 2020 and vested 50% on March 3, 2020, the determination date, and 50% vest on March 3, 2021. The remaining 14,266 of these units were approved by the Board on May 12, 2020 and vested 50% on May 12, 2020, the determination date, and 50% vest on May 12, 2021. ● Determined that 146,938 LTIP Units were earned in accordance with the terms of the previously disclosed 2019 annual award agreements. These units vested 50% on March 3, 2020, the determination date, and 50% vest on March 3, 2021. ● Granted 42,726 LTIP Units in connection with the 2020 Long-Term Incentive Plan. These grants were valued based on the Company’s closing common stock price on the March 3, 2020 date of grant of $14.34 and vest in equal one - third increments on each of March 3, 2021, March 3, 2022, and March 3, 2023. ​ A detail of the Company’s outstanding time based LTIP Units as of June 30, 2020 is as follows: ​ ​ ​ ​ Vested units 805 Unvested units 290 LTIP Units outstanding as of June 30, 2020 1,095 ​ Performance Based Awards The Board has approved annual performance-based LTIP awards (“Annual Awards”) and long-term performance-based LTIP awards (“Long-Term Awards”) to the executive officers of the Company and other employees of the Advisor who perform services for the Company. As described below, the Annual Awards have one-year performance periods and the Long-Term Awards have three-year performance periods. In addition to meeting specified performance metrics, vesting in both the Annual Awards and the Long-Term Awards is subject to service requirements. A detail of the Company’s Long-Term Awards under the 2017, 2018 and 2019 programs, and the Annual Awards and Long-Term Awards under the 2020 program as of June 30, 2020 is as follows: ​ ​ ​ ​ ​ ​ ​ 2017 Long-Term Awards (1) 11 2018 Long-Term Awards 110 2019 Long-Term Awards 82 2020 Annual Awards (2) 196 2020 Long-Term Awards (3) 70 Total target performance awards as of June 30, 2020 469 (1) Represents awards that were not earned as of June 30, 2020. (2) Approved by the Board on March 17, 2020. The number of target LTIP Units was based on the closing price of the Company’s common stock reported on the New York Stock Exchange (“NYSE”) on that date. (3) Approved by the Board on March 3, 2020. The number of target LTIP Units was based on the fair value of the Long-Term Awards as determined by an independent valuation consultant. Annual Awards The Compensation Committee and Board established performance goals for the year ended December 31, 2020, as set forth in Exhibit A to the 2020 LTIP Annual Award Agreements (the “Performance Goals”) that will be used to determine the number of LTIP Units earned by each grantee. As of June 30, 2020, management estimated that the Performance Goals would be met at a 100% level and, accordingly, estimated that 100% of the 2020 program target Annual Awards were expected to be earned at the end of the performance period. Cumulative stock-based compensation expense during the three and six months ended June 30, 2020 reflects management’s estimate that 100% of these awards will be earned. As soon as reasonably practicable following the first anniversary of the Annual Awards grant date, the Compensation Committee and Board will determine the extent to which the Company has achieved each of the Performance Goals (expressed as a percentage) and, based on such determination, will calculate the number of LTIP Units that each grantee is entitled to receive. Each grantee may earn up to 150% of the number of his/her target LTIP Units. Any 2020 Annual Award LTIP Units that are not earned will be forfeited and cancelled. Vesting. Distributions. Long-Term Awards. Vesting. Distributions. Stock-Based Compensation Expense Under the provisions of ASU 2018-07, the Company’s prospective compensation expense for all unvested LTIP Units, Annual Awards, and Long-Term Awards is recognized using the adoption date fair value of the awards, with no remeasurement required. Compensation expense for future LTIP Unit grants, Annual Awards, and Long-Term Awards is based on the grant date fair value of the units/awards, with no subsequent remeasurement required. As the Long-Term Awards involve market-based performance conditions, the Company utilizes a Monte Carlo simulation to provide a grant date fair value for expense recognition. The Monte Carlo simulation is a generally accepted statistical technique used, in this instance, to simulate a range of possible future stock prices for the Company and the members of the SNL Healthcare REIT Index (the “Index”) over the Performance Periods. The purpose of this modeling is to use a probabilistic approach for estimating the fair value of the performance share award for purposes of accounting under ASC Topic 718. The assumptions used in the Monte Carlo simulation include beginning average stock price, valuation date stock price, expected volatilities, correlation coefficients, risk-free rate of interest, and expected dividend yield. The beginning average stock price is the beginning average stock price for the Company and each member of the Index for the five trading days leading up to the grant date of the Long-Term Award. The valuation date stock price is the average closing stock price for the Company and each member of the Index for the 15 trading days leading up to the valuation date. The expected volatilities are modeled using the historical volatilities for the Company and the members of the Index. The correlation coefficients are calculated using the same data as the historical volatilities. The risk-free rate of interest is taken from the U.S. Treasury website and relates to the expected life of the remaining performance period on valuation or revaluation. Lastly, the dividend yield assumption is 0.0%, which is mathematically equivalent to reinvesting dividends in the issuing entity, which is part of the Company’s award agreement assumptions. Below are details regarding certain of the assumptions for the Long-Term Awards using Monte Carlo simulations: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2020 Long-Term ​ 2019 Long-Term ​ 2018 Long-Term ​ 2017 Long-Term ​ Awards Awards Awards Awards ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair value ​ $ 13.47 ​ $ 10.07 ​ $ 8.86 $ 8.86 Target awards ​ 70 ​ 82 ​ 110 ​ 96 Volatility ​ 28.75 % 31.7 % 33.8 % ​ 33.8% - 35.4% Risk-free rate ​ 0.72 % 2.5 % 2.6 % ​ 2.4% - 2.6% Dividend assumption ​ reinvested ​ reinvested ​ reinvested ​ reinvested Expected term in years ​ 3 ​ 3 ​ 2.7 ​ 1.7 – 2.7 ​ The Company incurred stock compensation expense of $897 and $1,819, for the three and six months ended June 30, 2020, respectively, and $854 and $1,625, for the three and six months ended June 30, 2019, respectively, related to the grants awarded under the Plan. Compensation expense is included within “General and Administrative” expense in the Company’s Condensed Consolidated Statements of Operations. As of June 30, 2020, total unamortized compensation expense related to these awards of approximately $4.3 million is expected to be recognized over a weighted average remaining period of 1.6 years.

Leases

Leases	6 Months Ended
	Jun. 30, 2020
Leases
Leases	Note 8 – Leases The Company operates as both a lessor and a lessee. As a lessor, the Company is required under ASC Topic 842 to account for leases using an approach that is substantially similar to ASC Topic 840’s guidance for operating leases and other leases such as sales-type leases and direct financing leases. In addition, ASC Topic 842 requires lessors to capitalize and amortize only incremental direct leasing costs. As a lessee, the Company is required under the new standard to apply a dual approach, classifying leases, such as ground leases, as either finance or operating leases based on the principle of whether or not the lease is effectively a financed purchase. This classification determines whether lease expense is recognized based on an effective interest method or on a straight-line basis over the term of the lease. ASC Topic 842 also requires lessees to record a right of use asset and a lease liability for all leases with an initial term of greater than a year regardless of their classification. The Company has also elected the practical expedient not to recognize right of use assets and lease liabilities for leases with a term of a year or less. Information as Lessor Under ASC Topic 842 To generate positive cash flow, as a lessor, the Company leases its facilities to tenants in exchange for fixed monthly payments that cover rent, property taxes, insurance and certain cost recoveries, primarily common area maintenance (“CAM”). The Company’s leases were determined to be operating leases and have a portfolio average lease years remaining of approximately 10 years. Payments from the Company’s tenants for CAM are considered nonlease components that are separated from lease components and are generally accounted for in accordance with the revenue recognition standard. However, the Company qualified for and elected the practical expedient related to combining the components because the lease component is classified as an operating lease and the timing and pattern of transfer of CAM income, which is not the predominant component, is the same as the lease component, for all asset classes. As such, consideration for CAM is accounted for as part of the overall consideration in the lease. Payments from customers for property taxes and insurance are considered non-components of the lease and therefore no consideration is allocated to them because they do not transfer a good or service to the customer. Fixed contractual payments from the Company’s leases are recognized on a straight-line basis over the terms of the respective leases. This means that, with respect to a particular lease, actual amounts billed in accordance with the lease during any given period may be higher or lower than the amount of rental revenue recognized for the period. Straight-line rental revenue is commenced when the tenant assumes control of the leased premises. Accrued straight-line rents receivable represents the amount by which straight-line rental revenue exceeds rents currently billed in accordance with lease agreements. Some of the Company’s leases are subject to annual changes in the Consumer Price Index (“CPI”). Although increases in CPI are not estimated as part of the Company’s measurement of straight-line rental revenue, for leases with base rent increases based on CPI, the amount of rent revenue recognized is adjusted in the period the changes in CPI are measured and effective. Additionally, some of the Company’s leases have extension options. Initial direct costs, primarily commissions, related to the leasing of our facilities are capitalized when material as incurred. Capitalized leasing costs are amortized on a straight-line basis over the remaining useful life of the respective leases. All other costs to negotiate or arrange a lease are expensed as incurred. Lease-related receivables, which include accounts receivable and accrued straight-line rents receivable, are reduced for credit losses, if applicable. To date the Company’s receivables have not had any credit losses. Such amounts would be recognized as a reduction to rental and other revenues. The Company regularly evaluates the collectability of its lease-related receivables. The Company’s evaluation of collectability primarily consists of reviewing past due account balances and considering such factors as the credit quality of our tenant, historical trends of the tenant and changes in tenant payment terms. If the Company’s assumptions regarding the collectability of lease-related receivables prove incorrect, the Company could experience credit losses in excess of what was recognized in rental and other revenues. The Company recognized $22,036 and $43,569 of rental and other revenues related to operating lease payments for the three and six months ended June 30, 2020, respectively. Of these amounts $1,125 and $2,602 were for variable lease payments related to expense recoveries for the three and six months ended June 30, 2020, respectively. The aggregate annual cash to be received by the Company on the noncancelable operating leases related to its portfolio as of June 30, 2020 is as follows for the subsequent years ended December 31: ​ ​ ​ ​ ​ 2020 (six months remaining) $ 39,302 2021 ​ 76,642 2022 ​ 75,216 2023 ​ 72,568 2024 ​ 66,745 Thereafter ​ 373,051 Total ​ $ 703,524 ​ Information as Lessee Under ASC Topic 842 The Company has six buildings located on land that is subject to operating ground leases with a weighted average remaining term of approximately 24 years. Rental payments on these leases are adjusted periodically based on either the CPI or on a pre-determined schedule. The monthly payments on a pre-determined schedule are recognized on a straight-line basis over the terms of the respective leases. Changes in the CPI are not estimated as part of our measurement of straight-line rental expense. The Company used a weighted average discount rate of approximately 4.4%, which was derived, using a portfolio approach, from our assessment of the credit quality of the Company and adjusted to reflect secured borrowing, estimated yield curves and long-term spread adjustments over appropriate tenors. Some of the Company’s ground leases contain extension options and, where we determined it was reasonably certain that an extension would occur, they were included in our calculation of the right of use asset and liability. The Company recognized approximately $39 and $81 of ground lease expense, of which $18 and $34 was paid in cash, during the three and six months ended June 30, 2020. The following table sets forth the undiscounted cash flows of our scheduled obligations for future lease payments on operating ground leases at June 30, 2020, and a reconciliation of those cash flows to the operating lease liability at June 30, 2020: ​ ​ ​ ​ ​ 2020 (six months remaining) $ 58 2021 ​ 116 2022 ​ 116 2023 ​ 120 2024 ​ 125 Thereafter ​ 4,351 Total ​ ​ 4,886 Discount ​ (2,469) Lease liability ​ $ 2,417 ​

Rent Concentration

Rent Concentration	6 Months Ended
	Jun. 30, 2020
Rent Concentration
Rent Concentration	Note 9 – Rent Concentration The Company’s facilities with a concentration of rental revenue of 5% or greater for any period presented is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended Six Months Ended ​ ​ June 30, June 30, Facility 2020 2019 2020 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Encompass 8 % 10 % 8 % 10 % Belpre 6 8 ​ 7 9 ​ OCOM 5 7 ​ 5 7 ​ Sherman 4 5 ​ 4 5 ​ Austin 4 5 ​ 4 5 ​ East Dallas 3 4 ​ 3 5 ​ Aggregate of all other facilities 70 61 ​ 69 59 ​ Total 100 % 100 % 100 % 100 % ​

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2020
Commitments and Contingencies
Commitments and Contingencies	Note 10 – Commitments and Contingencies Litigation The Company is not presently subject to any material litigation nor, to its knowledge, is any material litigation threatened against the Company, which if determined unfavorably to the Company, would have a material adverse effect on the Company’s financial position, results of operations, or cash flows. Environmental Matters The Company follows a policy of monitoring its properties for the presence of hazardous or toxic substances. While there can be no assurance that a material environmental liability does not exist at its properties, the Company is not currently aware of any environmental liability with respect to its properties that would have a material effect on its financial position, results of operations, or cash flows. Additionally, the Company is not aware of any material environmental liability or any unasserted claim or assessment with respect to an environmental liability that management believes would require additional disclosure or the recording of a loss contingency.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2020
Subsequent Events
Subsequent Events	Note 11 – Subsequent Events Management Internalization Transaction On July 9, 2020, the Company completed the Internalization by acquiring all the outstanding shares of capital stock of the parent company of our Advisor for a purchase price of $17.6 million, after working capital adjustments. A special committee of the Board of Directors, consisting solely of independent and disinterested directors (the “Special Committee”), negotiated the terms of the Internalization on behalf of the Company. The Internalization was unanimously approved by the Special Committee, and, upon recommendation by the Special Committee, by the Company’s independent and disinterested directors. Closing of Credit Facility Accordion and Related Hedge Transaction On July 24, 2020, the Company received aggregate commitments of up to $100 million from certain of its lenders pursuant to the accordion feature (the “Accordion”) under its Credit Facility. The Subsidiary Guarantors and the Company are guarantors of the obligations under the Accordion. The amount available to borrow from time to time under the Accordion is limited according to a quarterly borrowing base valuation of certain properties owned by the Subsidiary Guarantors. The remaining terms of the Credit Facility were unchanged. With the closing of the Accordion, the borrowing capacity under the Company’s Credit Facility was increased to $600 million, consisting of a $250 million capacity revolver, a $350 million term loan, and a remaining $50 million accordion. In connection with the closing of the Accordion, on July 27, 2020, the Company entered into an interest rate swap with Wells Fargo Bank, N.A. with a notional amount of $50 million (the term component of the Accordion commitments), a fixed interest rate of 0.158% and a maturity date of August 8, 2023. ​

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2020
Summary of Significant Accounting Policies
Basis of presentation	Basis of presentation The accompanying condensed consolidated financial statements are unaudited and include the accounts of the Company, including the Operating Partnership and its wholly owned subsidiaries. The accompanying condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) and the rules and regulations of the U.S. Securities and Exchange Commission (“SEC”). Certain information and footnote disclosures required for annual consolidated financial statements have been condensed or excluded pursuant to SEC rules and regulations. Accordingly, the accompanying condensed consolidated financial statements do not include all the information and footnotes required by GAAP for complete consolidated financial statements and should be read in conjunction with the audited consolidated financial statements and notes thereto for the year ended December 31, 2019. In the opinion of management, all adjustments of a normal and recurring nature necessary for a fair presentation of the condensed consolidated financial statements for the interim periods have been made.
Principles of Consolidation	Principles of Consolidation The accompanying condensed consolidated financial statements include the accounts of the Company, including the Operating Partnership and its wholly owned subsidiaries. The Company presents the portion of any equity it does not own but controls (and thus consolidates) as noncontrolling interest. Noncontrolling interest in the Company includes the LTIP Units that have been granted to directors, officers and affiliates of the Company and the OP Units held by third parties. Refer to Note 5 – “Equity” and Note 7 – “Stock-Based Compensation” for additional information regarding the OP Units and LTIP Units. The Company classifies noncontrolling interest as a component of consolidated equity on its Condensed Consolidated Balance Sheets, separate from the Company’s total equity. The Company’s net income or loss is allocated to noncontrolling interests based on the respective ownership percentage in the Operating Partnership associated with such noncontrolling interests and is removed from consolidated income or loss on the Condensed Consolidated Statements of Operations in order to derive net income or loss attributable to common stockholders. The noncontrolling ownership percentage is calculated by dividing the aggregate number of LTIP Units and OP Units by the total number of units and shares outstanding.
Use of Estimates	Use of Estimates The preparation of the condensed consolidated financial statements in conformity with GAAP requires the Company to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and footnotes. Actual results could differ from those estimates.
Investment in Real Estate	Investment in Real Estate The Company determines when an acquisition meets the definition of a business or alternatively should be accounted for as an asset acquisition in accordance with Accounting Standard Codification (“ASC”) Topic 805 “Business Combinations” (“ASC Topic 805”), which requires that, when substantially all of the fair value of an acquisition is concentrated in a single identifiable asset or a group of similar identifiable assets, the asset or group of similar identifiable assets does not meet the definition of a business and therefore is required to be accounted for as an asset acquisition. Transaction costs are capitalized for asset acquisitions and expensed as incurred for business combinations. All of our acquisitions for the six months ended June 30, 2020 and 2019 have been accounted for as asset acquisitions because substantially all of the fair value of the gross assets the Company acquired were concentrated in a single asset or group of similar identifiable assets. For asset acquisitions that are “owner occupied” (meaning that the seller either is the tenant or controls the tenant), the purchase price, including capitalized acquisition costs, will be allocated to land and building based on their relative fair values with no value allocated to intangible assets or liabilities. For asset acquisitions where there is a lease in place but not “owner occupied,” the Company will allocate the purchase price to tangible assets and any intangible assets acquired or liabilities assumed based on their relative fair values. Fair value is determined based upon the guidance of ASC Topic 820, “Fair Value Measurements and Disclosures,” and generally are determined using Level 2 inputs, such as rent comparables, sales comparables, and broker indications. Although Level 3 Inputs are utilized, they are minor in comparison to the Level 2 data used for the primary assumptions. The determination of fair value involves the use of significant judgment and estimates. We make estimates to determine the fair value of the tangible and intangible assets acquired and liabilities assumed using information obtained from multiple sources, including preacquisition due diligence, and we routinely utilize the assistance of a third-party appraiser.
Revenue Recognition	Revenue Recognition The Company’s operations primarily consist of rental revenue earned from tenants under leasing arrangements which provide for minimum rent and escalations. The leases have been accounted for as operating leases. For operating leases with contingent rental escalators, revenue is recorded based on the contractual cash rental payments due during the period. Revenue from leases with fixed annual rental escalators are recognized on a straight-line basis over the initial lease term, subject to a collectability assessment, with the difference between the contractual rental receipts and the straight-line amounts recorded as a “deferred rent receivable.” Additionally, the Company recognizes “expense recoveries” revenue, which represents revenue recognized related to tenant reimbursement of real estate taxes, insurance, and certain other operating expenses (“tenant reimbursements”). The Company recognizes these reimbursements and related expenses on a gross basis in its Condensed Consolidated Statements of Operations, i.e., the Company recognizes an equivalent increase in revenue (“expense recoveries”) and expense (“operating expenses”).
Cash and Cash Equivalents and Restricted Cash	Cash and Cash Equivalents and Restricted Cash The Company considers all demand deposits, cashier’s checks, money market accounts, and certificates of deposit with a maturity of three months or less to be cash equivalents. Amounts included in restricted cash represent (1) certain security deposits received from tenants at the inception of their leases; (2) cash required to be held by a third-party lender as a reserve for debt service; and (3) funds held by the Company related to tenant reimbursements. The following table provides a reconciliation of the Company’s cash and cash equivalents and restricted cash that sums to the total of those amounts at the end of the periods presented on the Company’s accompanying Condensed Consolidated Statements of Cash Flows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of June 30, ​ 2020 2019 Cash and cash equivalents $ 8,392 $ 3,216 Restricted cash ​ ​ 4,945 ​ ​ 2,656 Total cash and cash equivalents and restricted cash $ 13,337 $ 5,872
Tenant Receivables	Tenant Receivables The tenant receivable balance as of June 30, 2020 and December 31, 2019 was $5,888 and $4,957, respectively. The balance as of June 30, 2020 consisted of $2,272 in funds owed from the Company’s tenants for rent that the Company had earned but had not yet received, $1,221 of loans that were made to two of the Company’s tenants, $2,371 of tenant reimbursements, as well as $24 in miscellaneous receivables. The balance as of December 31, 2019 consisted of $1,428 in funds owed from the Company’s tenants for rent that the Company had earned but had not yet received, $1,062 of loans that were made to two of the Company’s tenants, $2,342 of tenant reimbursements, as well as $125 in miscellaneous receivables. The Company adopted the provisions of ASU 2016-13, “Financial Instruments - Credit Losses (Topic 326)” (“ASU 2016-03”) effective January 1, 2020. Receivables arising from operating leases are not within the scope of Subtopic 326-20. Instead, impairment of these receivables should be accounted for in accordance with ASC Topic 842 “Leases” (“ASC Topic 842”). The adoption of ASU 2016-03 did not have a material impact on the Company’s condensed consolidated financial statements or related disclosures. The Company assesses the likelihood of losses resulting from tenant defaults, or the inability of tenants to make contractual rent and tenant recovery payments at each reporting date. The Company also monitors the liquidity and creditworthiness of its tenants and operators on a continuous basis. If the likelihood of a tenant paying its lease payments is determined to no longer be probable, all tenant receivables, including deferred rent, are written off against revenue and any future revenue for that tenant is recognized only upon receipt of cash. In addition, a portfolio level reserve is established on those leases that are probable of collection to ensure that the tenant lease receivables are not overstated.
Escrow Deposits	Escrow Deposits The escrow balance as of June 30, 2020 and December 31, 2019 was $3,301 and $3,417, respectively. Escrow deposits include funds held in escrow to be used for the acquisition of properties in the future and for the payment of taxes, insurance, and other amounts as stipulated by the Company’s Cantor Loan and the Dumfries Loan, as hereinafter defined.
Deferred Assets	Deferred Assets The deferred assets balance as of June 30, 2020 and December 31, 2019 was $17,433 and $14,512, respectively. The balance as of June 30, 2020 consisted of $17,328 in deferred rent receivables resulting from the recognition of revenue from leases with fixed annual rental escalations on a straight-line basis and $105 of other deferred costs. The balance as of December 31, 2019 consisted of $14,204 in deferred rent receivables resulting from the recognition of revenue from leases with fixed annual rental escalations on a straight-line basis and $308 of other deferred costs.
Other Assets	Other Assets The other assets balance as of June 30, 2020 and December 31, 2019 was $3,587 and $3,593, respectively. The balance as of June 30, 2020 consisted of $3,044 for a right of use asset (refer to Note 8 – “Leases” for additional details), $365 in capitalized preacquisition costs, and $178 in a prepaid asset. The balance as of December 31, 2019 consisted of $3,077 for a right of use asset, $223 in capitalized preacquisition costs, and $293 in a prepaid asset.
Security Deposits and Other	Security Deposits and Other The security deposits and other liability balance as of June 30, 2020 and December 31, 2019 was $5,814 and $6,351, respectively. The balance as of June 30, 2020 consisted of security deposits of $4,533 and a tenant impound liability of $1,281 related to amounts owed for specific tenant expenses, such as real estate taxes and insurance. The balance as of December 31, 2019 consisted of security deposits of $4,968 and a tenant impound liability of $1,383 related to amounts owed for specific tenant expenses, such as real estate taxes and insurance.
Derivative Instruments - Interest Rate Swaps	Derivative Instruments - Interest Rate Swaps As of June 30, 2020 and December 31, 2019, the Company’s liability balance related to interest rate swap derivative instruments that were designated as cash flow hedges of interest rate risk was $21,495 and $6,491, respectively. In accordance with the Company’s risk management strategy, the purpose of the interest rate swaps is to manage interest rate risk for certain of the Company’s variable-rate debt. The interest rate swaps involve the Company’s receipt of variable-rate amounts from three counterparties in exchange for the Company making fixed-rate payments over the life of the agreement. The Company accounts for derivative instruments in accordance with the provisions of ASC Topic 815, “Derivatives and Hedging.” Refer to Note 4 – “Credit Facility, Notes Payable and Derivative Instruments” for additional details.
Recent Accounting Pronouncements	Recent Accounting Pronouncements Lease Modifications Due to the business disruptions and challenges severely affecting the global economy caused by the COVID-19 pandemic, many lessors may be required to provide rent deferrals and other lease concessions to lessees. While the lease modification guidance in ASC Topic 842 addresses routine changes to lease terms resulting from negotiations between the lessee and the lessor, this guidance did not contemplate concessions being so rapidly executed to address the sudden liquidity constraints of some lessees arising from the COVID-19 pandemic. In April 2020, the Financial Accounting Standards Board (“FASB”) staff issued a question and answer document (the “Lease Modification Q&A”) focused on the application of lease accounting guidance to lease concessions provided as a result of the COVID-19 pandemic. Under existing lease guidance, the Company would have to determine, on a lease-by-lease basis, if a lease concession was the result of a new arrangement reached with the tenant (treated within the lease modification accounting framework) or if a lease concession was under the enforceable rights and obligations within the existing lease agreement (precluded from applying the lease modification accounting framework). The Lease Modification Q&A allows the Company, if certain criteria have been met, to bypass the lease-by-lease analysis, and instead elect to either apply the lease modification accounting framework or not, with such election applied consistently to leases with similar characteristics and similar circumstances. The Company has elected to apply such relief and will avail itself of the election to avoid performing a lease-by-lease analysis for the lease concessions that were (1) granted as relief due to the COVID-19 pandemic and (2) result in the cash flows remaining substantially the same or less. The Lease Modification Q&A has no material impact on the Company’s condensed consolidated financial statements as of and for the three and six months ended June 30, 2020. However, its future impact on the Company is dependent upon the extent of lease concessions granted to tenants as a result of the COVID-19 pandemic in future periods and the elections made by the Company at the time of entering such concessions. Reference Rate Reform During the six months ended June 30, 2020, the FASB issued Accounting Standards Update (“ASU”) 2020-04, Reference Rate Reform (Topic 848) (“ASU 2020-04”). ASU 2020-04 contains practical expedients for reference rate reform-related activities that impact debt, leases, derivatives and other contracts. The guidance in ASU 2020-04 is optional and may be elected over time as reference rate reform activities occur. During the six months ended June 30, 2020, the Company has elected to apply the hedge accounting expedients related to probability and the assessments of effectiveness for future LIBOR-indexed cash flows to assume that the index upon which future hedged transactions will be based matches the index on the corresponding derivatives. Application of these expedients preserves the presentation of derivatives consistent with past presentation. The Company continues to evaluate the impact of the guidance and may apply other elections as applicable as additional changes in the market occur.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2020
Summary of Significant Accounting Policies
Schedule of cash and cash equivalents and restricted cash	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of June 30, ​ 2020 2019 Cash and cash equivalents $ 8,392 $ 3,216 Restricted cash ​ ​ 4,945 ​ ​ 2,656 Total cash and cash equivalents and restricted cash $ 13,337 $ 5,872

Property Portfolio (Tables)

Property Portfolio (Tables)	6 Months Ended
	Jun. 30, 2020
Schedule of Properties Acquired	A rollforward of the gross investment in land, building, improvements, and acquired lease intangible assets as of June 30, 2020 resulting from these acquisitions is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Site Tenant Acquired Lease Gross Investment in ​ ​ Land ​ Building ​ Improvements ​ Improvements ​ Intangible Assets ​ Real Estate Balances as of December 31, 2019 ​ $ 95,381 ​ $ 693,533 ​ $ 9,912 ​ $ 33,909 ​ $ 72,794 ​ $ 905,529 Facility Acquired – Date Acquired: ​ ​ ​ ​ ​ ​ High Point – 2/13/20 ​ 1,749 ​ 20,367 ​ 440 ​ 869 ​ 1,656 ​ 25,081 Clinton – 2/27/20 ​ 664 ​ 6,551 ​ 342 ​ 1,578 ​ 2,484 ​ 11,619 West Allis – 3/4/20 ​ 974 ​ 7,687 ​ 137 ​ 98 ​ 461 ​ 9,357 Grand Rapids – 3/20/20 ​ 2,947 ​ 17,341 ​ 470 ​ 450 ​ 1,582 ​ 22,790 Dumfries– 4/27/20 ​ ​ 2,597 ​ ​ 10,047 ​ ​ 289 ​ ​ 4,815 ​ ​ 4,292 ​ ​ 22,040 Capitalized costs (1) ​ ​ 4 ​ ​ 281 ​ ​ 3 ​ ​ 172 ​ ​ — ​ ​ 460 Total Additions : ​ 8,935 ​ 62,274 ​ 1,681 ​ 7,982 ​ 10,475 ​ 91,347 Balances as of June 30, 2020 ​ $ 104,316 ​ $ 755,807 ​ $ 11,593 ​ $ 41,891 ​ $ 83,269 ​ $ 996,876 (1) Represents capital projects that were completed and placed in service during the six months ended June 30, 2020 related to the Company’s existing facilities. A rollforward of the gross investment in land, building, improvements, and acquired lease intangible assets as of December 31, 2019 resulting from these acquisitions is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Site ​ Tenant ​ Acquired Lease Gross Investment in ​ ​ Land ​ Building ​ Improvements ​ Improvements ​ Intangible Assets ​ Real Estate Balances as of December 31, 2018 ​ $ 63,710 ​ $ 518,451 ​ $ 6,880 ​ $ 15,357 ​ $ 43,152 ​ $ 647,550 Facility Acquired – Date Acquired: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Zachary – 2/28/19 ​ — ​ 3,336 ​ 103 ​ ​ 409 ​ 835 ​ 4,683 Gilbert and Chandler – 3/19/19 ​ 4,616 ​ 11,643 ​ — ​ ​ — ​ — ​ 16,259 Las Vegas – 4/15/19 ​ ​ 2,479 ​ ​ 15,277 ​ ​ 244 ​ ​ 2,205 ​ ​ 2,297 ​ ​ 22,502 Oklahoma Northwest – 4/15/19 ​ ​ 2,364 ​ ​ 19,501 ​ ​ 143 ​ ​ 3,044 ​ ​ 3,155 ​ ​ 28,207 Mishawaka – 4/15/19 ​ ​ 1,924 ​ ​ 10,084 ​ ​ 74 ​ ​ 1,798 ​ ​ 2,223 ​ ​ 16,103 Surprise – 4/15/19 ​ ​ 1,738 ​ ​ 18,737 ​ ​ 228 ​ ​ 4,119 ​ ​ 3,860 ​ ​ 28,682 San Marcos – 7/12/19 ​ ​ 2,322 ​ ​ 6,934 ​ ​ 126 ​ ​ 404 ​ ​ 2,188 ​ ​ 11,974 Lansing – 8/1/19 ​ ​ 1,202 ​ ​ 7,681 ​ ​ 185 ​ ​ 667 ​ ​ 1,633 ​ ​ 11,368 Bannockburn – 8/5/19 ​ ​ 763 ​ ​ 3,566 ​ ​ 132 ​ ​ 1,134 ​ ​ 1,382 ​ ​ 6,977 Aurora – 8/6/19 ​ ​ 1,521 ​ ​ 7,446 ​ ​ 308 ​ ​ 603 ​ ​ 2,679 ​ ​ 12,557 Livonia – 8/14/19 ​ ​ 980 ​ ​ 7,629 ​ ​ 201 ​ ​ 442 ​ ​ 1,340 ​ ​ 10,592 Gilbert – 8/23/19 ​ ​ 2,408 ​ ​ 2,027 ​ ​ 62 ​ ​ 362 ​ ​ 733 ​ ​ 5,592 Morgantown – 9/26/19 ​ ​ 883 ​ ​ 5,286 ​ ​ 373 ​ ​ 506 ​ ​ 902 ​ ​ 7,950 Beaumont – 10/1/19 ​ ​ 3,022 ​ ​ 24,836 ​ ​ 399 ​ ​ 1,036 ​ ​ 4,446 ​ ​ 33,739 Bastrop – 10/25/19 ​ ​ 1,975 ​ ​ 8,436 ​ ​ 64 ​ ​ 276 ​ ​ 1,314 ​ ​ 12,065 Panama City – 10/31/19 ​ ​ 1,559 ​ ​ 8,682 ​ ​ 220 ​ ​ 1,036 ​ ​ 1,479 ​ ​ 12,976 Jacksonville – 11/15/19 ​ ​ 1,023 ​ ​ 7,846 ​ ​ — ​ ​ — ​ ​ — ​ ​ 8,869 Greenwood – 12/17/19 ​ ​ 892 ​ ​ 4,956 ​ ​ — ​ ​ — ​ ​ — ​ ​ 5,848 ASC Topic 842 Reclassification ​ ​ — ​ ​ — ​ ​ — ​ ​ — ​ ​ (824) ​ ​ (824) Capitalized costs (1) ​ ​ — ​ ​ 1,179 ​ ​ 170 ​ ​ 511 ​ ​ — ​ ​ 1,860 Total Additions: ​ 31,671 ​ 175,082 ​ 3,032 ​ ​ 18,552 ​ ​ 29,642 ​ 257,979 Balances as of December 31, 2019 ​ $ 95,381 ​ $ 693,533 ​ $ 9,912 ​ $ 33,909 ​ $ 72,794 ​ $ 905,529 (1) Represents capital projects that were completed and placed in service during the year ended December 31, 2019 related to the Company’s existing facilities.
Summary of Carrying amount of intangible assets and liabilities	The following is a summary of the carrying amount of intangible assets and liabilities as of the dates presented: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of June 30, 2020 ​ ​ ​ ​ ​ Accumulated ​ ​ ​ ​ Cost Amortization Net Assets ​ ​ ​ ​ ​ ​ ​ ​ ​ In-place leases ​ $ 47,031 ​ $ (10,847) ​ $ 36,184 Above market leases ​ 12,932 ​ (3,144) ​ 9,788 Leasing costs ​ 23,306 ​ (4,731) ​ 18,575 ​ ​ $ 83,269 ​ $ (18,722) ​ $ 64,547 Liability ​ ​ ​ ​ ​ ​ ​ ​ ​ Below market leases ​ $ 6,670 ​ $ (1,072) ​ $ 5,598 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2019 ​ ​ ​ Accumulated ​ ​ ​ ​ Cost ​ Amortization ​ Net Assets ​ ​ ​ In-place leases ​ $ 39,429 ​ $ (7,851) ​ $ 31,578 Above market leases ​ 12,246 ​ (2,366) ​ 9,880 Leasing costs ​ 21,119 ​ (3,458) ​ 17,661 ​ ​ $ 72,794 ​ $ (13,675) ​ $ 59,119 Liability ​ ​ ​ ​ ​ ​ Below market leases ​ $ 3,861 ​ $ (697) ​ $ 3,164
Summary of the acquired lease intangible amortization	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended ​ Six Months Ended ​ ​ June 30, ​ June 30, ​ 2020 2019 2020 2019 Amortization expense related to in-place leases ​ $ 1,663 ​ $ 852 ​ $ 2,996 ​ $ 1,529 Amortization expense related to leasing costs ​ $ 685 ​ $ 403 ​ $ 1,273 ​ $ 728 Decrease in rental revenue related to above market leases ​ $ 403 ​ $ 279 ​ $ 778 ​ $ 552 Increase in rental revenue related to below market leases ​ $ 247 ​ $ 89 ​ $ 375 ​ $ 147
Schedule of net amortization acquired lease intangible assets and liabilities	As of June 30, 2020, scheduled future aggregate net amortization of the acquired lease intangible assets and liabilities for each year ended December 31 is listed below: ​ ​ ​ ​ ​ ​ ​ ​ ​ Net Decrease Net Increase ​ ​ in Revenue ​ in Expenses 2020 (six months remaining) ​ $ (220) ​ $ 4,848 2021 ​ (444) ​ 9,077 2022 ​ (462) ​ 8,654 2023 ​ (496) ​ 7,740 2024 ​ (302) ​ 6,444 Thereafter ​ (2,266) ​ 17,996 Total ​ $ (4,190) ​ $ 54,759
High Point Facility [Member]
Schedule of tangible and intangible assets	​ ​ ​ ​ ​ Land and site improvements $ 2,189 Building and tenant improvements ​ 21,236 In-place leases ​ 1,207 Leasing costs ​ 449 Total purchase price ​ $ 25,081
Clinton Facility [Member]
Schedule of tangible and intangible assets	​ ​ ​ ​ ​ Land and site improvements $ 1,006 Building and tenant improvements ​ 8,129 In-place leases ​ 2,115 Leasing costs ​ 369 Total purchase price ​ $ 11,619
West Allis Facility [Member]
Schedule of tangible and intangible assets	​ ​ ​ ​ ​ Land and site improvements $ 1,111 Building and tenant improvements ​ 7,785 In-place leases ​ 263 Leasing costs ​ 198 Below-market lease intangibles ​ (264) Total purchase price ​ $ 9,093
Grand Rapids Facility [Member]
Schedule of tangible and intangible assets	​ ​ ​ ​ ​ Land and site improvements $ 3,417 Building and tenant improvements ​ 17,791 In-place leases ​ 761 Above-market lease intangibles ​ 685 Leasing costs ​ 136 Below-market lease intangibles ​ (125) Total purchase price ​ $ 22,665
Dumfries Facility [Member]
Schedule of tangible and intangible assets	​ ​ ​ ​ ​ Land and site improvements $ 2,886 Building and tenant improvements ​ 14,862 In-place leases ​ 3,255 Leasing costs ​ 1,037 Below-market lease intangibles ​ (2,419) Total purchase price ​ $ 19,621
Zachary Facility [Member]
Schedule of tangible and intangible assets	​ ​ ​ ​ ​ Land and site improvements $ 103 Building and tenant improvements ​ ​ 3,745 In-place leases ​ ​ 305 Above-market lease intangibles ​ ​ 117 Leasing costs ​ ​ 413 Below-market lease intangibles ​ ​ (34) Total purchase price ​ $ 4,649
IRF Portfolio [Member]
Schedule of tangible and intangible assets	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Oklahoma ​ ​ ​ ​ Las Vegas ​ Surprise ​ City ​ Mishawaka Land and site improvements ​ $ 2,723 ​ $ 1,966 ​ $ 2,507 ​ $ 1,998 Building and tenant improvements ​ 17,482 ​ 22,856 ​ 22,545 ​ 11,882 In-place leases ​ 1,778 ​ 1,845 ​ 1,890 ​ 1,465 Above-market lease intangibles ​ — ​ 938 ​ 367 ​ 236 Leasing costs ​ 519 ​ 1,077 ​ 898 ​ 522 Below-market lease intangibles ​ (863) ​ — ​ — ​ — Total purchase price ​ $ 21,639 ​ $ 28,682 ​ $ 28,207 ​ $ 16,103
San Marcos [Member]
Schedule of tangible and intangible assets	​ ​ ​ ​ ​ Land and site improvements $ 2,448 Building and tenant improvements ​ 7,338 In-place leases ​ 698 Above-market lease intangibles ​ 1,101 Leasing costs ​ 389 Total purchase price ​ $ 11,974
Lansing [Member]
Schedule of tangible and intangible assets	​ ​ ​ ​ ​ Land and site improvements $ 1,387 Building and tenant improvements ​ 8,348 In-place leases ​ 953 Above-market lease intangibles ​ 130 Leasing costs ​ 550 Below-market lease intangibles ​ (248) Total purchase price ​ $ 11,120
Bannockburn [Member]
Schedule of tangible and intangible assets	​ ​ ​ ​ ​ Land and site improvements $ 895 Building and tenant improvements ​ 4,700 In-place leases ​ 796 Above-market lease intangibles ​ 250 Leasing costs ​ 336 Below-market lease intangibles ​ (144) Total purchase price ​ $ 6,833
Aurora [Member]
Schedule of tangible and intangible assets	​ ​ ​ ​ ​ Land and site improvements $ 1,829 Building and tenant improvements ​ 8,049 In-place leases ​ 1,417 Above-market lease intangibles ​ 861 Leasing costs ​ 401 Total purchase price ​ $ 12,557
Livonia [Member]
Schedule of tangible and intangible assets	​ ​ ​ ​ ​ Land and site improvements $ 1,181 Building and tenant improvements ​ 8,071 In-place leases ​ 1,252 Above-market lease intangibles ​ 53 Leasing costs ​ 35 Below-market lease intangibles ​ (236) Total purchase price ​ $ 10,356
Gilbert [Member]
Schedule of tangible and intangible assets	​ ​ ​ ​ ​ Land and site improvements $ 2,470 Building and tenant improvements ​ 2,389 In-place leases ​ 121 Above-market lease intangibles ​ 300 Leasing costs ​ 312 Total purchase price ​ $ 5,592
Morgantown [Member]
Schedule of tangible and intangible assets	​ ​ ​ ​ ​ Land and site improvements $ 1,256 Building and tenant improvements ​ 5,792 In-place leases ​ 457 Leasing costs ​ 445 Total purchase price ​ $ 7,950
Beaumont [Member]
Schedule of tangible and intangible assets	​ ​ ​ ​ ​ Land and site improvements $ 3,421 Building and tenant improvements ​ ​ 25,872 In-place leases ​ ​ 3,304 Leasing costs ​ ​ 1,142 Total purchase price ​ $ 33,739
Bastrop [Member]
Schedule of tangible and intangible assets	​ ​ ​ ​ ​ Land and site improvements $ 2,039 Building and tenant improvements ​ ​ 8,712 In-place leases ​ ​ 990 Leasing costs ​ ​ 324 Total purchase price ​ $ 12,065 ​
Panama City [Member]
Schedule of tangible and intangible assets	​ ​ ​ ​ ​ Land and site improvements $ 1,779 Building and tenant improvements ​ 9,718 In-place leases ​ 405 Leasing costs ​ 1,074 Total purchase price ​ $ 12,976
Jacksonville [Member]
Schedule of tangible and intangible assets	​ ​ ​ ​ ​ Land and site improvements $ 1,023 Building and tenant improvements ​ ​ 7,846 Total purchase price ​ $ 8,869
Greenwood [Member]
Schedule of tangible and intangible assets	​ ​ ​ ​ ​ Land and site improvements $ 892 Building and tenant improvements ​ ​ 4,956 Total purchase price ​ $ 5,848 ​

Credit Facility, Notes Payabl_2

Credit Facility, Notes Payable and Derivative Instruments (Tables)	6 Months Ended
	Jun. 30, 2020
Notes Payable and Revolving Credit Facility
Schedule of Outstanding borrowings	As of June 30, 2020 and December 31, 2019, the Company had the following outstanding borrowings under the Credit Facility: ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2020 December 31, 2019 Revolver ​ $ 119,200 ​ $ 51,350 Term Loan ​ 300,000 ​ 300,000 Less: Unamortized debt issuance costs ​ (3,350) ​ (3,832) Credit Facility, net ​ $ 415,850 ​ $ 347,518 ​
Schedule of Aggregate balances of loans payable	The Company’s notes payable, net, includes three loans: (1) the Dumfries Loan, (2) the Cantor Loan, and (3) the West Mifflin Note, described in detail below. The following table sets forth the balances of these loans as of June 30, 2020 and December 31, 2019. ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2020 December 31, 2019 Notes payable, gross ​ $ 51,549 ​ $ 39,475 Less: Unamortized debt issuance costs ​ (668) ​ (667) Cumulative principal repayments ​ (271) ​ (158) Notes payable, net ​ $ 50,610 ​ $ 38,650 ​
Schedule of Interest Rate Derivatives	As of June 30, 2020, the Company had the following five interest rate swaps that are used to manage its interest rate risk and fix the LIBOR component of certain of its floating rate debt: ​ ​ ​ ​ ​ ​ ​ ​ ​ Counterparty Notional Amount Fixed LIBOR Rate Maturity ​ ​ ​ ​ ​ ​ ​ BMO ​ $ 100 million ​ 2.88 % August 2023 BMO ​ ​ 90 million 1.21 % August 2024 Truist Bank ​ ​ 40 million 1.21 % August 2024 Truist Bank ​ ​ 40 million 2.93 % August 2024 Citizens Bank, National Association ​ ​ 30 million 2.93 % August 2024 Total/Weighted Average ​ $ 300 million 2.17 %
Schedule of Comprehensive Income (Loss)	The table below details the components of the loss presented on the accompanying Condensed Consolidated Statements of Comprehensive (Loss) Income recognized on the Company’s interest rate swaps designated as cash flow hedges for the three and six months ended June 30, 2020 and 2019: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, ​ Six Months Ended June 30, ​ 2020 2019 2020 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Amount of loss recognized in other comprehensive loss ​ $ 2,298 ​ $ 3,752 ​ $ 16,765 ​ $ 5,956 Amount of loss reclassified from accumulated other comprehensive loss into interest expense ​ (1,276) ​ (202) ​ (1,785) ​ (384) Total change in accumulated other comprehensive loss ​ $ 1,022 ​ $ 3,550 ​ $ 14,980 ​ $ 5,572 ​
Dumfries Loan [Member]
Notes Payable and Revolving Credit Facility
Schedule of Maturities of Long-term Debt	As of June 30, 2020, scheduled principal payments due for each year ended December 31 were as follows: ​ ​ ​ ​ 2020 (six months remaining) $ 132 2021 ​ 275 2022 ​ 288 2023 ​ 302 2024 ​ 11,034 Total ​ $ 12,031
Cantor Loan [Member]
Notes Payable and Revolving Credit Facility
Schedule of Maturities of Long-term Debt	As of June 30, 2020, scheduled principal payments due for each year ended December 31 were as follows: ​ ​ ​ ​ ​ 2020 (six months remaining) $ — 2021 ​ 282 2022 ​ 447 2023 ​ 471 2024 ​ 492 Thereafter ​ 30,405 Total ​ $ 32,097 ​

Equity (Tables)

Equity (Tables)	6 Months Ended
	Jun. 30, 2020
Preferred Stock [Member]
Schedule of dividends payable	Preferred stock dividend activity for the six months ended June 30, 2020 is summarized in the following table: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Applicable ​ Quarterly Dividends Date Announced ​ Record Date ​ Quarter ​ Payment Date ​ Dividend ​ per Share ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 13, 2019 January 15, 2020 Q4 2019 January 31, 2020 ​ $ 1,455 ​ $ 0.46875 March 4, 2020 April 15, 2020 Q1 2020 April 30, 2020 ​ $ 1,455 ​ $ 0.46875 June 12, 2020 July 15, 2020 Q2 2020 July 31, 2020 ​ $ 1,455 (1) $ 0.46875 (1) Two months of this amount, equal to $970, was accrued at June 30, 2020.
Common Stock [Member]
Schedule of dividends payable	Common stock dividend activity for the six months ended June 30, 2020 is summarized in the following table: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Applicable ​ Dividend Dividends Date Announced ​ Record Date ​ Quarter ​ Payment Date ​ Amount (1) ​ per Share ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 13, 2019 December 26, 2019 Q4 2019 January 9, 2020 ​ $ 9,541 ​ $ 0.20 March 4, 2020 March 25, 2020 Q1 2020 April 9, 2020 ​ $ 9,610 ​ $ 0.20 June 12, 2020 June 25, 2020 Q2 2020 July 9, 2020 ​ $ 9,861 ​ $ 0.20 (1) Includes distributions on granted LTIP Units and OP Units.

Related Party Transactions (Tab

Related Party Transactions (Tables)	6 Months Ended
	Jun. 30, 2020
Related Party Transactions
Schedule of due to related party, net	A rollforward of the due from related parties and due to related party balance, net, as of June 30, 2020 is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Due From ​ ​ ​ ​ ​ ​ ​ Related Parties ​ Due to Related Party,Net ​ ​ ​ ​ ​ Other ​ ​ Funds for ​ Mgmt.Fees ​ Funds due ​ Due to ​ ​ Various ​ due to ​ from ​ Related ​ ​ Purposes ​ Advisor ​ Advisor ​ Party, net Balance as of January 1, 2020 ​ $ 50 $ (1,727) ​ 79 ​ $ (1,648) Management fee expense incurred ​ — (4,024) — ​ (4,024) Management fees paid to Advisor ​ — 3,730 — ​ 3,730 Loans to Advisor ​ — — (15) ​ (15) Loan to related parties ​ 74 — — ​ — Balance as of June 30, 2020 ​ $ 124 $ (2,021) ​ 64 ​ $ (1,957)

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2020
Stock-Based Compensation
Schedule of time-based vesting LTIP unit activity	A detail of the Company’s outstanding time based LTIP Units as of June 30, 2020 is as follows: ​ ​ ​ ​ Vested units 805 Unvested units 290 LTIP Units outstanding as of June 30, 2020 1,095
Schedule of the annual awards and long-term awards	A detail of the Company’s Long-Term Awards under the 2017, 2018 and 2019 programs, and the Annual Awards and Long-Term Awards under the 2020 program as of June 30, 2020 is as follows: ​ ​ ​ ​ ​ ​ ​ 2017 Long-Term Awards (1) 11 2018 Long-Term Awards 110 2019 Long-Term Awards 82 2020 Annual Awards (2) 196 2020 Long-Term Awards (3) 70 Total target performance awards as of June 30, 2020 469 (1) Represents awards that were not earned as of June 30, 2020. (2) Approved by the Board on March 17, 2020. The number of target LTIP Units was based on the closing price of the Company’s common stock reported on the New York Stock Exchange (“NYSE”) on that date. (3) Approved by the Board on March 3, 2020. The number of target LTIP Units was based on the fair value of the Long-Term Awards as determined by an independent valuation consultant.
Schedule of of the assumptions for the long-term awards using Monte Carlo simulations	Below are details regarding certain of the assumptions for the Long-Term Awards using Monte Carlo simulations: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2020 Long-Term ​ 2019 Long-Term ​ 2018 Long-Term ​ 2017 Long-Term ​ Awards Awards Awards Awards ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fair value ​ $ 13.47 ​ $ 10.07 ​ $ 8.86 $ 8.86 Target awards ​ 70 ​ 82 ​ 110 ​ 96 Volatility ​ 28.75 % 31.7 % 33.8 % ​ 33.8% - 35.4% Risk-free rate ​ 0.72 % 2.5 % 2.6 % ​ 2.4% - 2.6% Dividend assumption ​ reinvested ​ reinvested ​ reinvested ​ reinvested Expected term in years ​ 3 ​ 3 ​ 2.7 ​ 1.7 – 2.7

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2020
Leases
Schedule of aggregate annual cash to be received by the company	​ ​ ​ ​ ​ 2020 (six months remaining) $ 39,302 2021 ​ 76,642 2022 ​ 75,216 2023 ​ 72,568 2024 ​ 66,745 Thereafter ​ 373,051 Total ​ $ 703,524 ​
Schedule of aggregate minimum cash payments to be made by the company	The following table sets forth the undiscounted cash flows of our scheduled obligations for future lease payments on operating ground leases at June 30, 2020, and a reconciliation of those cash flows to the operating lease liability at June 30, 2020: ​ ​ ​ ​ ​ 2020 (six months remaining) $ 58 2021 ​ 116 2022 ​ 116 2023 ​ 120 2024 ​ 125 Thereafter ​ 4,351 Total ​ ​ 4,886 Discount ​ (2,469) Lease liability ​ $ 2,417

Rent Concentration (Tables)

Rent Concentration (Tables)	6 Months Ended
	Jun. 30, 2020
Rent Concentration
Schedule of concentration of rental revenue	The Company’s facilities with a concentration of rental revenue of 5% or greater for any period presented is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended Six Months Ended ​ ​ June 30, June 30, Facility 2020 2019 2020 2019 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Encompass 8 % 10 % 8 % 10 % Belpre 6 8 ​ 7 9 ​ OCOM 5 7 ​ 5 7 ​ Sherman 4 5 ​ 4 5 ​ Austin 4 5 ​ 4 5 ​ East Dallas 3 4 ​ 3 5 ​ Aggregate of all other facilities 70 61 ​ 69 59 ​ Total 100 % 100 % 100 % 100 %

Organization (Details)

Organization (Details)	6 Months Ended
	Jun. 30, 2020
long-term incentive plan LTIP [Member]
Limited Liability Company (LLC) or Limited Partnership (LP), Members or Limited Partners, Ownership Interest	6.19%
Global Medical REIT GP LLC [Member]
Operating Partnership	93.81%

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Cash and Cash Equivalents (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019	Dec. 31, 2018
Cash and Cash Equivalents [Abstract]
Cash and cash equivalents	$ 8,392	$ 2,765	$ 3,216
Restricted cash	4,945	4,420	2,656
Total cash and cash equivalents and restricted cash	$ 13,337	$ 7,185	$ 5,872	$ 4,843

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Additional Information (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2020	Dec. 31, 2019
Tenant Receivables	$ 5,888	$ 4,957
Receivables Earned But Not Paid Relating To Tenant Rent	2,272	1,428
Tenant reimbursements	2,371	2,342
Other Assets, Miscellaneous, Current	24	125
Escrow Deposit	3,301	3,417
Deferred Costs and Other Assets	17,433	14,512
Deferred Rent Receivables, Net	17,328	14,204
Other Deferred Costs, Net	105	308
Other Assets	3,587	3,593
Operating Lease, Right-of-Use Asset	3,044	3,077
Prepaid Expense and Other Assets	178	293
Capitalized preacquisition costs	365	223
Security Deposit Liability	5,814	6,351
Lease Deposit Liability	1,281	1,383
Derivative Liabilities	21,495	8,685
Loan Receivable Member [Member]
Tenant Receivables	1,221	1,062
Interest Rate Swap [Member]
Derivative Liabilities	21,495	6,491
Plano Lease [Member]
Security Deposit Liability	$ 4,533	$ 4,968

Property Portfolio - Gross Inve

Property Portfolio - Gross Investment (Details) - USD ($) $ in Thousands

Mar. 20, 2020

Mar. 04, 2020

Feb. 27, 2020

Feb. 13, 2020

Dec. 17, 2019

Nov. 15, 2019

Oct. 31, 2019

Oct. 25, 2019

Oct. 01, 2019

Sep. 26, 2019

Aug. 23, 2019

Aug. 14, 2019

Aug. 06, 2019

Aug. 05, 2019

Aug. 01, 2019

Jul. 12, 2019

Jun. 30, 2020

Dec. 31, 2019

Property, Plant and Equipment [Line Items]

Beginning Balance

$ 905,529

$ 647,550

Acquisitions

91,347

257,979

Capitalized costs

460

1,860

Ending Balance

996,876

905,529

Zachary [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

4,683

Gilbert and Chandler [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

16,259

Las Vegas [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

22,502

Oklahoma Northwest [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

28,207

Mishawaka [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

16,103

Surprise [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

28,682

San Marcos [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

$ 12,000

11,974

Lansing [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

$ 11,100

11,368

Bannockburn [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

$ 6,800

6,977

Aurora [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

$ 12,600

12,557

Livonia [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

$ 10,400

10,592

Gilbert [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

$ 5,600

5,592

Morgantown [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

$ 8,000

7,950

Beaumont [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

$ 33,700

33,739

Bastrop [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

$ 12,100

12,065

Panama City [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

$ 13,000

12,976

Jacksonville [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

$ 8,900

8,869

Greenwood [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

$ 5,800

5,848

Asc 842 Reclassification [Member]

Property, Plant and Equipment [Line Items]

ASC Topic 842 Reclassification

(824)

High Point Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

$ 25,100

25,081

Clinton Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

$ 11,600

11,619

West Allis Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

$ 9,100

9,357

Grand Rapids Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

$ 22,700

22,790

Dumfries [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

22,040

Land [Member]

Property, Plant and Equipment [Line Items]

Beginning Balance

95,381

63,710

Acquisitions

8,935

31,671

Capitalized costs

4

0

Ending Balance

104,316

95,381

Land [Member] | Zachary [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

0

Land [Member] | Gilbert and Chandler [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

4,616

Land [Member] | Las Vegas [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

2,479

Land [Member] | Oklahoma Northwest [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

2,364

Land [Member] | Mishawaka [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

1,924

Land [Member] | Surprise [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

1,738

Land [Member] | San Marcos [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

2,322

Land [Member] | Lansing [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

1,202

Land [Member] | Bannockburn [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

763

Land [Member] | Aurora [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

1,521

Land [Member] | Livonia [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

980

Land [Member] | Gilbert [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

2,408

Land [Member] | Morgantown [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

883

Land [Member] | Beaumont [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

3,022

Land [Member] | Bastrop [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

1,975

Land [Member] | Panama City [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

1,559

Land [Member] | Jacksonville [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

1,023

Land [Member] | Greenwood [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

892

Land [Member] | Asc 842 Reclassification [Member]

Property, Plant and Equipment [Line Items]

ASC Topic 842 Reclassification

0

Land [Member] | High Point Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

1,749

Land [Member] | Clinton Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

664

Land [Member] | West Allis Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

974

Land [Member] | Grand Rapids Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

2,947

Land [Member] | Dumfries [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

2,597

Building [Member]

Property, Plant and Equipment [Line Items]

Beginning Balance

693,533

518,451

Acquisitions

62,274

175,082

Capitalized costs

281

1,179

Ending Balance

755,807

693,533

Building [Member] | Zachary [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

3,336

Building [Member] | Gilbert and Chandler [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

11,643

Building [Member] | Las Vegas [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

15,277

Building [Member] | Oklahoma Northwest [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

19,501

Building [Member] | Mishawaka [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

10,084

Building [Member] | Surprise [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

18,737

Building [Member] | San Marcos [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

6,934

Building [Member] | Lansing [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

7,681

Building [Member] | Bannockburn [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

3,566

Building [Member] | Aurora [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

7,446

Building [Member] | Livonia [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

7,629

Building [Member] | Gilbert [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

2,027

Building [Member] | Morgantown [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

5,286

Building [Member] | Beaumont [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

24,836

Building [Member] | Bastrop [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

8,436

Building [Member] | Panama City [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

8,682

Building [Member] | Jacksonville [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

7,846

Building [Member] | Greenwood [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

4,956

Building [Member] | Asc 842 Reclassification [Member]

Property, Plant and Equipment [Line Items]

ASC Topic 842 Reclassification

0

Building [Member] | High Point Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

20,367

Building [Member] | Clinton Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

6,551

Building [Member] | West Allis Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

7,687

Building [Member] | Grand Rapids Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

17,341

Building [Member] | Dumfries [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

10,047

Site Improvements [Member]

Property, Plant and Equipment [Line Items]

Beginning Balance

9,912

6,880

Acquisitions

1,681

3,032

Capitalized costs

3

170

Ending Balance

11,593

9,912

Site Improvements [Member] | Zachary [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

103

Site Improvements [Member] | Gilbert and Chandler [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

0

Site Improvements [Member] | Las Vegas [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

244

Site Improvements [Member] | Oklahoma Northwest [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

143

Site Improvements [Member] | Mishawaka [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

74

Site Improvements [Member] | Surprise [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

228

Site Improvements [Member] | San Marcos [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

126

Site Improvements [Member] | Lansing [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

185

Site Improvements [Member] | Bannockburn [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

132

Site Improvements [Member] | Aurora [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

308

Site Improvements [Member] | Livonia [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

201

Site Improvements [Member] | Gilbert [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

62

Site Improvements [Member] | Morgantown [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

373

Site Improvements [Member] | Beaumont [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

399

Site Improvements [Member] | Bastrop [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

64

Site Improvements [Member] | Panama City [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

220

Site Improvements [Member] | Jacksonville [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

0

Site Improvements [Member] | Greenwood [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

0

Site Improvements [Member] | Asc 842 Reclassification [Member]

Property, Plant and Equipment [Line Items]

ASC Topic 842 Reclassification

0

Site Improvements [Member] | High Point Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

440

Site Improvements [Member] | Clinton Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

342

Site Improvements [Member] | West Allis Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

137

Site Improvements [Member] | Grand Rapids Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

470

Site Improvements [Member] | Dumfries [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

289

Tenant improvements [Member]

Property, Plant and Equipment [Line Items]

Beginning Balance

33,909

15,357

Acquisitions

7,982

18,552

Capitalized costs

172

511

Ending Balance

41,891

33,909

Tenant improvements [Member] | Zachary [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

409

Tenant improvements [Member] | Las Vegas [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

2,205

Tenant improvements [Member] | Oklahoma Northwest [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

3,044

Tenant improvements [Member] | Mishawaka [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

1,798

Tenant improvements [Member] | Surprise [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

4,119

Tenant improvements [Member] | San Marcos [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

404

Tenant improvements [Member] | Lansing [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

667

Tenant improvements [Member] | Bannockburn [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

1,134

Tenant improvements [Member] | Aurora [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

603

Tenant improvements [Member] | Livonia [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

442

Tenant improvements [Member] | Gilbert [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

362

Tenant improvements [Member] | Morgantown [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

506

Tenant improvements [Member] | Beaumont [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

1,036

Tenant improvements [Member] | Bastrop [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

276

Tenant improvements [Member] | Panama City [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

1,036

Tenant improvements [Member] | High Point Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

869

Tenant improvements [Member] | Clinton Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

1,578

Tenant improvements [Member] | West Allis Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

98

Tenant improvements [Member] | Grand Rapids Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

450

Tenant improvements [Member] | Dumfries [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

4,815

Intangibles [Member]

Property, Plant and Equipment [Line Items]

Beginning Balance

72,794

43,152

Acquisitions

10,475

29,642

Capitalized costs

0

Ending Balance

83,269

72,794

Intangibles [Member] | Zachary [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

835

Intangibles [Member] | Gilbert and Chandler [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

0

Intangibles [Member] | Las Vegas [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

2,297

Intangibles [Member] | Oklahoma Northwest [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

3,155

Intangibles [Member] | Mishawaka [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

2,223

Intangibles [Member] | Surprise [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

3,860

Intangibles [Member] | San Marcos [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

2,188

Intangibles [Member] | Lansing [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

1,633

Intangibles [Member] | Bannockburn [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

1,382

Intangibles [Member] | Aurora [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

2,679

Intangibles [Member] | Livonia [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

1,340

Intangibles [Member] | Gilbert [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

733

Intangibles [Member] | Morgantown [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

902

Intangibles [Member] | Beaumont [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

4,446

Intangibles [Member] | Bastrop [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

1,314

Intangibles [Member] | Panama City [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

1,479

Intangibles [Member] | Jacksonville [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

0

Intangibles [Member] | Greenwood [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

0

Intangibles [Member] | Asc 842 Reclassification [Member]

Property, Plant and Equipment [Line Items]

ASC Topic 842 Reclassification

$ (824)

Intangibles [Member] | High Point Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

1,656

Intangibles [Member] | Clinton Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

2,484

Intangibles [Member] | West Allis Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

461

Intangibles [Member] | Grand Rapids Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

1,582

Intangibles [Member] | Dumfries [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

$ 4,292

Property Portfolio - Schedule o

Property Portfolio - Schedule of Recognized Identified Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Zachary Facility [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		$ 4,649
Zachary Facility [Member] | Land and Site Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		103
Zachary Facility [Member] | Building And Tenant Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		3,745
Zachary Facility [Member] | In-place leases [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		305
Zachary Facility [Member] | Above Market Lease intangibles [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		117
Zachary Facility [Member] | Leasing Costs [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		413
Zachary Facility [Member] | Below Market Lease intangible [Member]
Property, Plant and Equipment [Line Items]
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed, Below Market Lease Intangibles		(34)
Las Vegas [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Financial Assets		21,639
Las Vegas [Member] | Land and Site Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		2,723
Las Vegas [Member] | Building And Tenant Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		17,482
Las Vegas [Member] | In-place leases [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		1,778
Las Vegas [Member] | Above Market Lease intangibles [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		0
Las Vegas [Member] | Leasing Costs [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		519
Las Vegas [Member] | Below Market Lease intangible [Member]
Property, Plant and Equipment [Line Items]
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed, Below Market Lease Intangibles		(863)
Surprise [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Financial Assets		28,682
Surprise [Member] | Land and Site Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		1,966
Surprise [Member] | Building And Tenant Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		22,856
Surprise [Member] | In-place leases [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		1,845
Surprise [Member] | Above Market Lease intangibles [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		938
Surprise [Member] | Leasing Costs [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		1,077
Surprise [Member] | Below Market Lease intangible [Member]
Property, Plant and Equipment [Line Items]
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed, Below Market Lease Intangibles		0
Oklahoma Northwest [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Financial Assets		28,207
Oklahoma Northwest [Member] | Land and Site Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		2,507
Oklahoma Northwest [Member] | Building And Tenant Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		22,545
Oklahoma Northwest [Member] | In-place leases [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		1,890
Oklahoma Northwest [Member] | Above Market Lease intangibles [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		367
Oklahoma Northwest [Member] | Leasing Costs [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		898
Oklahoma Northwest [Member] | Below Market Lease intangible [Member]
Property, Plant and Equipment [Line Items]
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed, Below Market Lease Intangibles		0
Mishawaka [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Financial Assets		16,103
Mishawaka [Member] | Land and Site Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		1,998
Mishawaka [Member] | Building And Tenant Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		11,882
Mishawaka [Member] | In-place leases [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		1,465
Mishawaka [Member] | Above Market Lease intangibles [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		236
Mishawaka [Member] | Leasing Costs [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		522
Mishawaka [Member] | Below Market Lease intangible [Member]
Property, Plant and Equipment [Line Items]
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed, Below Market Lease Intangibles		0
San Marcos [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		11,974
San Marcos [Member] | Land and Site Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		2,448
San Marcos [Member] | Building And Tenant Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		7,338
San Marcos [Member] | In-place leases [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		698
San Marcos [Member] | Above Market Lease intangibles [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		1,101
San Marcos [Member] | Leasing Costs [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		389
Lansing [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	$ 11,120
Lansing [Member] | Land and Site Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	1,387
Lansing [Member] | Building And Tenant Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	8,348
Lansing [Member] | In-place leases [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	953
Lansing [Member] | Above Market Lease intangibles [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	130
Lansing [Member] | Leasing Costs [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	550
Lansing [Member] | Below Market Lease intangible [Member]
Property, Plant and Equipment [Line Items]
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed, Below Market Lease Intangibles	(248)
Bannockburn [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		6,833
Bannockburn [Member] | Land and Site Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		895
Bannockburn [Member] | Building And Tenant Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		4,700
Bannockburn [Member] | In-place leases [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		796
Bannockburn [Member] | Above Market Lease intangibles [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		250
Bannockburn [Member] | Leasing Costs [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		336
Bannockburn [Member] | Below Market Lease intangible [Member]
Property, Plant and Equipment [Line Items]
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed, Below Market Lease Intangibles		(144)
Livonia [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		10,356
Livonia [Member] | Land and Site Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		1,181
Livonia [Member] | Building And Tenant Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		8,071
Livonia [Member] | In-place leases [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		1,252
Livonia [Member] | Above Market Lease intangibles [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		53
Livonia [Member] | Leasing Costs [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		35
Livonia [Member] | Below Market Lease intangible [Member]
Property, Plant and Equipment [Line Items]
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed, Below Market Lease Intangibles		(236)
Aurora [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		12,557
Aurora [Member] | Land and Site Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		1,829
Aurora [Member] | Building And Tenant Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		8,049
Aurora [Member] | In-place leases [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		1,417
Aurora [Member] | Above Market Lease intangibles [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		861
Aurora [Member] | Leasing Costs [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		401
Gilbert [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		5,592
Gilbert [Member] | Land and Site Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		2,470
Gilbert [Member] | Building And Tenant Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		2,389
Gilbert [Member] | In-place leases [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		121
Gilbert [Member] | Above Market Lease intangibles [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		300
Gilbert [Member] | Leasing Costs [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		312
Morgantown [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		7,950
Morgantown [Member] | Land and Site Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		1,256
Morgantown [Member] | Building And Tenant Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		5,792
Morgantown [Member] | In-place leases [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		457
Morgantown [Member] | Leasing Costs [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		445
Beaumont [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		33,739
Beaumont [Member] | Land and Site Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		3,421
Beaumont [Member] | Building And Tenant Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		25,872
Beaumont [Member] | In-place leases [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		3,304
Beaumont [Member] | Leasing Costs [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		1,142
Bastrop [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	12,065
Bastrop [Member] | Land and Site Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	2,039
Bastrop [Member] | Building And Tenant Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	8,712
Bastrop [Member] | In-place leases [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	990
Bastrop [Member] | Leasing Costs [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	324
Panama City [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		12,976
Panama City [Member] | Land and Site Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		1,779
Panama City [Member] | Building And Tenant Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		9,718
Panama City [Member] | In-place leases [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		405
Panama City [Member] | Leasing Costs [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		1,074
Jacksonville [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		8,869
Jacksonville [Member] | Land and Site Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		1,023
Jacksonville [Member] | Building And Tenant Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		7,846
Greenwood [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		5,848
Greenwood [Member] | Land and Site Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		892
Greenwood [Member] | Building And Tenant Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment		$ 4,956
High Point Facility [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	25,081
High Point Facility [Member] | Land and Site Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	2,189
High Point Facility [Member] | Building And Tenant Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	21,236
High Point Facility [Member] | In-place leases [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	1,207
High Point Facility [Member] | Leasing Costs [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	449
Clinton Facility [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	11,619
Clinton Facility [Member] | Land and Site Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	1,006
Clinton Facility [Member] | Building And Tenant Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	8,129
Clinton Facility [Member] | In-place leases [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	2,115
Clinton Facility [Member] | Leasing Costs [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	369
West Allis Facility [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	9,093
West Allis Facility [Member] | Land and Site Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	1,111
West Allis Facility [Member] | Building And Tenant Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	7,785
West Allis Facility [Member] | In-place leases [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	263
West Allis Facility [Member] | Leasing Costs [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	198
West Allis Facility [Member] | Below Market Lease intangible [Member]
Property, Plant and Equipment [Line Items]
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed, Below Market Lease Intangibles	(264)
Grand Rapids Facility [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	22,665
Grand Rapids Facility [Member] | Land and Site Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	3,417
Grand Rapids Facility [Member] | Building And Tenant Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	17,791
Grand Rapids Facility [Member] | In-place leases [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	761
Grand Rapids Facility [Member] | Above Market Lease intangibles [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	685
Grand Rapids Facility [Member] | Leasing Costs [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	136
Grand Rapids Facility [Member] | Below Market Lease intangible [Member]
Property, Plant and Equipment [Line Items]
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed, Below Market Lease Intangibles	(125)
Dumfries Facility [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	19,621
Dumfries Facility [Member] | Land and Site Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	2,886
Dumfries Facility [Member] | Building And Tenant Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	14,862
Dumfries Facility [Member] | In-place leases [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	3,255
Dumfries Facility [Member] | Leasing Costs [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	1,037
Dumfries Facility [Member] | Below Market Lease intangible [Member]
Property, Plant and Equipment [Line Items]
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed, Below Market Lease Intangibles	$ (2,419)

Property Portfolio - Summary of

Property Portfolio - Summary of the carrying amount of intangible assets and liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Assets
Cost	$ 83,269	$ 72,794
Accumulated Amortization	(18,722)	(13,675)
Net	64,547	59,119
Liabilities
Cost	6,670	3,861
Accumulated Amortization	(1,072)	(697)
Net	5,598	3,164
In-place leases [Member]
Assets
Cost	47,031	39,429
Accumulated Amortization	(10,847)	(7,851)
Net	36,184	31,578
Above Market Lease intangibles [Member]
Assets
Cost	12,932	12,246
Accumulated Amortization	(3,144)	(2,366)
Net	9,788	9,880
Leasing Costs [Member]
Assets
Cost	23,306	21,119
Accumulated Amortization	(4,731)	(3,458)
Net	$ 18,575	$ 17,661

Property Portfolio - Summary _2

Property Portfolio - Summary of the acquired lease intangible amortization (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
In-place leases [Member]
Property, Plant and Equipment [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization	$ 1,663	$ 852	$ 2,996	$ 1,529
Leasing Costs [Member]
Property, Plant and Equipment [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization	685	403	1,273	728
Above Market Lease intangibles [Member]
Property, Plant and Equipment [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization	403	279	778	552
Below Market Lease intangible [Member]
Property, Plant and Equipment [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization	$ 247	$ 89	$ 375	$ 147

Property Portfolio - Net amorti

Property Portfolio - Net amortization of the acquired lease intangible (Details) $ in Thousands	Jun. 30, 2020USD ($)
Net Decrease in Revenue
2020 (six months remaining)	$ 220
2021	(444)
2022	(462)
2023	(496)
2024	(302)
Thereafter	(2,266)
Total	(4,190)
Net Increase in Expenses
2020 (six months remaining)	4,848
2021	9,077
2022	8,654
2023	7,740
2024	6,444
Thereafter	17,996
Total	$ 54,759

Property Portfolio - (Details)

Property Portfolio - (Details) $ in Thousands

Apr. 27, 2020USD ($)

Mar. 20, 2020USD ($)

Mar. 04, 2020USD ($)

Feb. 27, 2020USD ($)

Feb. 13, 2020USD ($)

Dec. 17, 2019USD ($)

Nov. 15, 2019USD ($)

Oct. 31, 2019USD ($)

Oct. 25, 2019USD ($)

Oct. 01, 2019USD ($)

Sep. 26, 2019USD ($)

Aug. 23, 2019USD ($)

Aug. 14, 2019USD ($)

Aug. 06, 2019USD ($)

Aug. 05, 2019USD ($)

Aug. 01, 2019USD ($)

Jul. 12, 2019USD ($)

Apr. 15, 2019USD ($)

Mar. 19, 2019USD ($)

Feb. 28, 2018USD ($)

Jun. 30, 2020USD ($)

Jun. 30, 2019USD ($)

Jun. 30, 2020USD ($)property

Jun. 30, 2019USD ($)

Dec. 31, 2019USD ($)property

Feb. 28, 2019

Property, Plant and Equipment [Line Items]

Number of Properties Acquired | property

5

18

Depreciation, Total

$ 6,593

$ 4,608

$ 12,429

$ 8,475

Tenant Improvement Allowances Receivable

19,400

19,400

Capital Lease Obligations, Noncurrent

$ 7,300

7,300

Property, Plant and Equipment, Additions

$ 91,347

$ 257,979

Debt Instrument, Term

3 years 3 months 7 days

3 years 9 months 3 days

Operating Lease, Weighted Average Remaining Lease Term

24 years

24 years

Commercial mortgage-backed securities (CMBS)

Property, Plant and Equipment [Line Items]

Debt Instrument, Face Amount

$ 12,100

Debt Instrument, Interest Rate, Stated Percentage

4.68%

Debt Instrument, Term

4 years

Revolving Credit Facility [Member]

Property, Plant and Equipment [Line Items]

Debt Instrument, Face Amount

$ 500,000

$ 500,000

Lease Intangibles Asset [Member]

Property, Plant and Equipment [Line Items]

Finite-Lived Intangible Asset, Useful Life

5 years 8 months 15 days

Lease Intangibles Liability [Member]

Property, Plant and Equipment [Line Items]

Finite-Lived Intangible Asset, Useful Life

4 years 9 months 7 days

Zachary Facility [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 4,600

Lessor, Operating Lease, Term of Contract

46 years

Gilbert And Chandler Facility [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 16,300

Dobson Facility [Member]

Property, Plant and Equipment [Line Items]

Lessor, Operating Lease, Term of Contract

10 years 6 months

IRF Portfolio [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 94,600

Operating Lease, Weighted Average Remaining Lease Term

8 years 3 months 18 days

San Marcos [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 12,000

$ 11,974

Operating Lease, Weighted Average Remaining Lease Term

8 years

Lansing [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 11,100

11,368

Operating Lease, Weighted Average Remaining Lease Term

8 years 6 months

Bannockburn [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 6,800

6,977

Operating Lease, Weighted Average Remaining Lease Term

6 years 3 months 18 days

Aurora [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 12,600

12,557

Operating Lease, Weighted Average Remaining Lease Term

6 years

Livonia [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 10,400

10,592

Operating Lease, Weighted Average Remaining Lease Term

3 years 2 months 12 days

Gilbert [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 5,600

5,592

Operating Lease, Weighted Average Remaining Lease Term

10 years

Morgantown [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 8,000

7,950

Operating Lease, Weighted Average Remaining Lease Term

10 years

Beaumont [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 33,700

33,739

Finite-Lived Intangible Asset, Useful Life

10 years

Bastrop [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 12,100

12,065

Finite-Lived Intangible Asset, Useful Life

5 years

Panama City [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 13,000

12,976

Finite-Lived Intangible Asset, Useful Life

15 years

Jacksonville [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 8,900

8,869

Finite-Lived Intangible Asset, Useful Life

15 years

Greenwood [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 5,800

$ 5,848

Finite-Lived Intangible Asset, Useful Life

13 years

LTAC Hospital [Member]

Property, Plant and Equipment [Line Items]

Lessor, Operating Lease, Term of Contract

16 years

High Point Facility [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 25,100

$ 25,081

Lessor, Operating Lease, Term of Contract

3 years

Clinton Facility [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 11,600

11,619

Lessor, Operating Lease, Term of Contract

4 years

West Allis Facility [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 9,100

9,357

Lessor, Operating Lease, Term of Contract

4 years

Grand Rapids Facility [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 22,700

$ 22,790

Lessor, Operating Lease, Term of Contract

5 years

Dumfries Facility [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 19,600

Credit Facility, Notes Payabl_3

Credit Facility, Notes Payable and Derivative Instruments - Schedule of outstanding borrowings under the Credit Facility (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Long-term Line of Credit	$ 415,850	$ 347,518
Less: Unamortized deferred financing costs	(668)	(667)
Revolving Credit Facility [Member]
Long-term Line of Credit	119,200	51,350
Term Loan [Member]
Long-term Line of Credit	300,000	300,000
Credit facility [Member]
Less: Unamortized deferred financing costs	$ (3,350)	$ (3,832)

Credit Facility, Notes Payabl_4

Credit Facility, Notes Payable and Derivative Instruments - Schedule of net of unamortized discount balances (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Credit Facility, Notes Payable and Derivative Instruments
Notes payable, gross	$ 51,549	$ 39,475
Less: Unamortized debt issuance costs	(668)	(667)
Cumulative principal repayment	(271)	(158)
Notes payable, net	$ 50,610	$ 38,650

Credit Facility, Notes Payabl_5

Credit Facility, Notes Payable and Derivative Instruments - Scheduled Principal Payments Due On Cantor Loan Note Payable (Details) - USD ($) $ in Thousands	Jun. 30, 2020	Apr. 27, 2020	Dec. 31, 2019	Mar. 31, 2016
Dumfries Loan [Member]
Notes Payable and Revolving Credit Facility
2020 (six months remaining)	$ 132
2021	275
2022	288
2023	302
2024	11,034
Total	12,031	$ 12,074
Cantor Loan [Member]
Notes Payable and Revolving Credit Facility
2020 (six months remaining)	0
2021	282
2022	447
2023	471
2024	492
Thereafter	30,405
Total	$ 32,097		$ 32,097	$ 32,097

Credit Facility, Notes Payabl_6

Credit Facility, Notes Payable and Derivative Instruments - Derivative Instruments (Details) $ in Millions	Jun. 30, 2020USD ($)item
Interest Rate Swap [Member]
Debt Instrument [Line Items]
Derivative, Number of Instruments Held | item	5
Derivative, Fixed Interest Rate	2.17%
Derivative, Notional Amount	$ 300
Interest Rate Swap Agreement with Interest Rate 1.21 Percent Maturing August 2024 [Member]
Debt Instrument [Line Items]
Derivative, Fixed Interest Rate	1.21%
BMO Harris Bank N.A. [Member] | Interest Rate Swap Agreement with Interest Rate 2.88 Percent Maturing August 2023 [Member]
Debt Instrument [Line Items]
Derivative, Fixed Interest Rate	2.88%
Derivative, Notional Amount	$ 100
BMO Harris Bank N.A. [Member] | Interest Rate Swap Agreement with Interest Rate 1.21 Percent Maturing August 2024 [Member]
Debt Instrument [Line Items]
Derivative, Notional Amount	$ 90
Truist Bank [Member] | Interest Rate Swap Agreement with Interest Rate 1.21 Percent Maturing August 2024 [Member]
Debt Instrument [Line Items]
Derivative, Fixed Interest Rate	1.21%
Derivative, Notional Amount	$ 40
Truist Bank [Member] | Interest Rate Swap Agreement with Interest Rate 2.93 Percent Maturing August 2024 [Member]
Debt Instrument [Line Items]
Derivative, Fixed Interest Rate	2.93%
Derivative, Notional Amount	$ 40
Citizens Bank National Association [Member] | Interest Rate Swap Agreement with Interest Rate 2.93 Percent Maturing August 2024 [Member]
Debt Instrument [Line Items]
Derivative, Fixed Interest Rate	2.93%
Derivative, Notional Amount	$ 30

Credit Facility, Notes Payabl_7

Credit Facility, Notes Payable and Derivative Instruments - Schedule of interest rate swap agreement (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Credit Facility, Notes Payable and Derivative Instruments
Amount of loss recognized in other comprehensive loss	$ 2,298	$ 3,752	$ 16,765	$ 5,956
Amount of loss reclassified from accumulated other comprehensive loss into interest expense	(1,276)	(202)	(1,785)	(384)
Total other comprehensive loss	$ 1,022	$ 3,550	$ 14,980	$ 5,572

Credit Facility, Notes Payabl_8

Credit Facility, Notes Payable and Derivative Instruments (Details) $ in Thousands	Apr. 27, 2020USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)	Mar. 31, 2018USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)	Dec. 31, 2019USD ($)	Apr. 15, 2019USD ($)	Mar. 31, 2016USD ($)	Sep. 25, 2015USD ($)
Notes Payable and Revolving Credit Facility
Amortization of Financing Costs		$ 35	$ 33		$ 68	$ 66
Other Operating Activities, Cash Flow Statement					88,700	103,800
Increase (Decrease) in Security Deposits					(536)	1,729
Repayments of Lines of Credit					$ 20,850	64,600
Debt Instrument, Term					3 years 3 months 7 days		3 years 9 months 3 days
Long-term Debt, Gross		51,549			$ 51,549		$ 39,475
Line Of Credit Cash Paid Other					59	422
Additional Interest Expense					6,153
Interest Expense, Total		$ 4,375	4,132		$ 8,752	8,157
Minimum Net Worth Required for Compliance				$ 203,800
Net Proceeds raised Through Equity Offerings, Percent				75.00%
Extension option (in years)					1 year
Weighted average interest rate basis		3.46%			3.46%		3.90%
Interest Rate Swap [Member]
Notes Payable and Revolving Credit Facility
Derivative Instruments in Hedges, Liabilities, at Fair Value		$ 21,495			$ 21,495		$ 6,491
Revolving Credit Facility [Member]
Notes Payable and Revolving Credit Facility
Amortization of Financing Costs		272	291		541	560
Increase (Decrease) in Security Deposits					7,061
Long-term Debt, Gross		67,850	39,200		67,850	39,200
Debt Instrument, Face Amount		500,000			500,000
Interest Expense, Total		3,476	3,313		7,061	6,552
Dumfries Loan [Member]
Notes Payable and Revolving Credit Facility
Long-term Debt, Total	$ 12,074	12,031			12,031
Debt Instrument, Interest Rate, Stated Percentage	4.68%
Interest Expense, Debt		46			46
Debt Instrument, Term	10 years
Repayments of Long-term Debt		43			43
Cantor Loan [Member]
Notes Payable and Revolving Credit Facility
Long-term Debt, Total		32,097			32,097		32,097		$ 32,097
Debt Instrument, Interest Rate, Stated Percentage									5.22%
Interest Expense, Total		479	423		$ 902	842
Debt Service Coverage Ratio					1.35
West Mifflin Note Payable [Member]
Notes Payable and Revolving Credit Facility
Long-term Debt, Total		7,150			$ 7,150		$ 7,220			$ 7,378
Debt Instrument, Interest Rate, Stated Percentage										3.72%
Interest Expense, Debt		67	$ 72		135	$ 138
Repayments of Notes Payable					70
EBITDAR					6,000
The Revolver [Member] | Revolving Credit Facility [Member]
Notes Payable and Revolving Credit Facility
Debt Instrument, Face Amount		200,000			200,000
The Term loan [Member] | Revolving Credit Facility [Member]
Notes Payable and Revolving Credit Facility
Debt Instrument, Face Amount		$ 300,000			$ 300,000
Accordion [Member] | Revolving Credit Facility [Member]
Notes Payable and Revolving Credit Facility
Debt Instrument, Face Amount								$ 150,000

Equity - Summary of Preferred S

Equity - Summary of Preferred Stock Dividend Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	Jun. 30, 2020	Dec. 31, 2019	Jun. 30, 2019
Dividend Amount	$ 11,281	$ 11,091
Common Stock [Member]
Dividend Amount	394		$ 182
Preferred Stock [Member] | Dividend declared on December 13, 2019
Dividend Amount	$ 1,455
Dividends per Share	$ 0.46875
Preferred Stock [Member] | Dividend declared on March 4, 2020
Dividend Amount	$ 1,455
Dividends per Share	$ 0.46875
Preferred Stock [Member] | Dividend declared on June 12, 2020
Dividend Amount	$ 1,455
Dividends per Share	$ 0.46875
Common Stock [Member] | Dividend declared on December 13, 2019
Dividend Amount	$ 9,541
Dividends per Share	$ 0.20
Common Stock [Member] | Dividend declared on March 4, 2020
Dividend Amount	$ 9,610
Dividends per Share	$ 0.20
Common Stock [Member] | Dividend declared on June 12, 2020
Dividend Amount	$ 9,861
Dividends per Share	$ 0.20

Equity - Additional Information

Equity - Additional Information (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019	Mar. 31, 2020
Preferred Stock, Shares Authorized	10,000		10,000
Preferred Stock, Par or Stated Value Per Share	$ 0.001		$ 0.001
Preferred Stock, Shares Issued	3,105		3,105
Preferred Stock, Shares Outstanding	3,105		3,105
Common Stock, Shares Authorized	500,000		500,000
Common Stock, Par or Stated Value Per Share	$ 0.001		$ 0.001
Payment Of Dividends Common Stock Op And Ltip Units	$ 19,675	$ 13,467	$ 13,467
Common Stock, Shares, Outstanding	46,252		43,806
Dividends Payable	$ 11,281		$ 11,091
Limited Partners' Capital Account, Units Issued			49
Partners' Capital Account, Units, Sale of Units	1,958		3,143
Limited Partners' Capital Account	$ 12,636		$ 27,881
Payments of Dividends, Total	$ 2,911	2,911
Noncontrolling Interest, Increase from Subsidiary Equity Issuance		506
Partners' Capital Account, Units, Treasury Units Purchased	1,185		51
Partners' Capital Account, Treasury Units, Purchased	$ 15,245		$ 519
Dividend Accrued	970
IPO [Member]
Noncontrolling Interest, Increase from Subsidiary Equity Issuance			$ 506
Common Stock [Member]
Dividends Payable	394	182
Payments of Dividends, Total	$ 524	86
Noncontrolling Interest, Increase from Subsidiary Equity Issuance		$ 0
Series A Preferred Stock [Member]
Preferred Stock, Shares Issued	3,105		3,105
Preferred Stock, Shares Outstanding			3,105	3,105
Dividends Payable, Amount Per Share	$ 1.875
Preferred Stock, Liquidation Preference Per Share	$ 25		$ 25
Preferred Stock, Dividend Rate, Percentage	7.50%
Long Term Incentives Plan Units Member
Dividends Payable	$ 450		$ 580

Related Party Transactions - Du

Related Party Transactions - Due to Related Parties, Net (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Related Party Transactions
Balance, Beginning			$ 1,648
Management fee expense incurred			(4,024)
Management fees paid to Advisor			3,730
Loans to Advisor			(15)
Balance, Ending	$ (1,957)		(1,957)
Funds for Various Purposes [Member]
Related Party Transactions
Balance, Beginning			(50)
Loan to related parties			74
Balance, Ending	124		124
Mgmt Fees Due To Advisor [Member]
Related Party Transactions
Balance, Beginning			1,727
Management fee expense incurred	(2,021)	$ (1,584)	(4,024)	$ (2,918)
Management fees paid to Advisor			3,730
Balance, Ending	(2,021)		(2,021)
Funds Due from Advisor [Member]
Related Party Transactions
Balance, Beginning			(79)
Loans to Advisor			(15)
Balance, Ending	$ 64		$ 64

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Jul. 09, 2020	Dec. 31, 2019
Related Party Transactions
Management fee expense incurred			$ 4,024
Due to Related Parties	$ 1,957		$ 1,957			$ 1,648
Percentage of Management Fees attributable to Shareholders			1.50%
Subsequent Event
Related Party Transactions
Purchase price of capital stock acquired					$ 17,600
Mgmt Fees Due To Advisor [Member]
Related Party Transactions
Management fee expense incurred	2,021	$ 1,584	$ 4,024	$ 2,918
Due to Related Parties	$ 2,021		$ 2,021			$ 1,727

Stock-Based Compensation - Vest

Stock-Based Compensation - Vested and unvested LTIP units (Details) shares in Thousands	6 Months Ended
	Jun. 30, 2020shares
Stock-Based Compensation
Total vested units	805
Total unvested units	290
LTIP Units outstanding as of June 30, 2020	1,095

Stock-Based Compensation - Long

Stock-Based Compensation - Long-Term Awards (Details)	6 Months Ended
	Jun. 30, 2020shares
Total target performance awards as of June 30, 2020	469
2017 Program [Member] | Long-Term Awards [Member]
Total target performance awards as of June 30, 2020	11
2018 Program [Member] | Long-Term Awards [Member]
Total target performance awards as of June 30, 2020	110	[1]
2019 Program [Member] | Long-Term Awards [Member]
LTIP Units earned and granted under the 2018 Performance Program - Annual Awards	(82)	[1],[2]
2020 Program [Member] | Annual Awards [Member]
Total target performance awards as of June 30, 2020	196	[2]
2020 Program [Member] | Long-Term Awards [Member]
Total target performance awards as of June 30, 2020	70	[2]
[1]	Represents awards that were not earned as of June 30, 2020.
[2]	Approved by the Board on March 17, 2020. The number of target LTIP Units was based on the closing price of the Company’s common stock reported on the New York Stock Exchange (“NYSE”) on that date.

Stock-Based Compensation - Assu

Stock-Based Compensation - Assumptions Long-Term Awards (Details) - Long-Term Awards [Member] - $ / shares shares in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
2020 Program [Member]
Fair value	$ 13.47
Target awards	70
Volatility	28.75%
Risk-free rate	0.72%
Dividend assumption	reinvested
Expected term in years	3 years
2019 Program [Member]
Fair value		$ 10.07
Target awards		82
Volatility		31.70%
Risk-free rate		2.50%
Dividend assumption		reinvested
Expected term in years		3 years
2018 Program [Member]
Fair value			$ 8.86
Target awards			110
Volatility			33.80%
Risk-free rate			2.60%
Dividend assumption			reinvested
Expected term in years			2 years 8 months 12 days
2017 Program [Member]
Fair value				$ 8.86
Target awards				96
Dividend assumption				reinvested
2017 Program [Member] | Maximum
Volatility				35.40%
Risk-free rate				2.60%
Expected term in years				2 years 8 months 12 days
2017 Program [Member] | Minimum
Volatility				33.80%
Risk-free rate				2.40%
Expected term in years				1 year 8 months 12 days

Stock-Based Compensation (Detai

Stock-Based Compensation (Details) - USD ($)	Mar. 05, 2021	Mar. 05, 2020	Mar. 03, 2020	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	May 12, 2020
Share-based Compensation				$ 897,000	$ 854,000	$ 1,819,000	$ 1,625,000
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage						100.00%
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized				$ 4,300		$ 4,300
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition						1 year 7 months 6 days
Performance Goals For Awards						100%
Additional Earn Up Rate For Grantee						150.00%
2017 Program [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage	50.00%	50.00%
Long-Term Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Dividend Rate						0.00%
Long-Term Awards [Member] | Long Term Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Maximum Employee Subscription Rate				200.00%		200.00%
Long Tem Incentives Plan Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage	50.00%	50.00%
Long Tem Incentives Plan Units [Member] | 2016 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant				1,070,000		1,070,000
Long Tem Incentives Plan Units [Member] | Long Term Performance Award Agreements 2017 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized			154,903					14,266
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period			169,169
Long Tem Incentives Plan Units [Member] | Long Term Performance Award Agreements 2017 [Member] | Share-based Compensation Award, Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Maximum Employee Subscription Rate			50.00%					50.00%
Long Tem Incentives Plan Units [Member] | Long Term Performance Award Agreements 2017 [Member] | Share-based Compensation Award, Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Maximum Employee Subscription Rate			50.00%					50.00%
Long Tem Incentives Plan Units [Member] | Annual Award Agreements 2019 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period			146,938
Long Tem Incentives Plan Units [Member] | Annual Award Agreements 2019 [Member] | Share-based Compensation Award, Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Maximum Employee Subscription Rate			50.00%
Long Tem Incentives Plan Units [Member] | Annual Award Agreements 2019 [Member] | Share-based Compensation Award, Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Maximum Employee Subscription Rate			50.00%
Long Tem Incentives Plan Units [Member] | Long Term Incentive Plan 2020 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period			42,726
Share Price			$ 14.34
Long Tem Incentives Plan Units [Member] | Long Term Incentive Plan 2020 [Member] | Share-based Compensation Award, Tranche One [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Maximum Employee Subscription Rate			33.33%
Long Tem Incentives Plan Units [Member] | Long Term Incentive Plan 2020 [Member] | Share-based Compensation Award, Tranche Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Maximum Employee Subscription Rate			33.33%
Long Tem Incentives Plan Units [Member] | Long Term Incentive Plan 2020 [Member] | Share-based Payment Arrangement, Tranche Three [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Maximum Employee Subscription Rate			33.33%

Leases - Aggregate annual minim

Leases - Aggregate annual minimum cash to be received by the Company on the noncancelable operating leases (Details) $ in Thousands	Jun. 30, 2020USD ($)
Leases
2020 (six months remaining)	$ 39,302
2021	76,642
2022	75,216
2023	72,568
2024	66,745
Thereafter	373,051
Total	$ 703,524

Leases - Scheduled obligations

Leases - Scheduled obligations for future minimum payments on operating ground leases (Details) $ in Thousands	Jun. 30, 2020USD ($)
Leases
2020 (six months remaining)	$ 58
2021	116
2022	116
2023	120
2024	125
Thereafter	4,351
Total	4,886
Discount	(2,469)
Lease liability	$ 2,417

Leases - Additional Information

Leases - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Leases
Operating Lease Average Remaining Lease Term			10 years
Rental revenue	$ 22,036	$ 16,835	$ 43,569	$ 31,976
Variable lease payments	$ 1,125		$ 2,602
Weighted average remaining term	24 years		24 years
Weighted average discount rate	4.40%		4.40%
Lease Expense	$ 39		$ 81
Paid in cash	$ 18		$ 34

Rent Concentration (Details)

Rent Concentration (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Concentration risk percentage	100.00%	100.00%	100.00%	100.00%
Rental Revenue [Member]
Concentration risk percentage			5.00%
Encompass [Member]
Concentration risk percentage	8.00%	10.00%	8.00%	10.00%
Belpre [Member]
Concentration risk percentage	6.00%	8.00%	7.00%	9.00%
OCOM [Member]
Concentration risk percentage	5.00%	7.00%	5.00%	7.00%
Sherman [Member]
Concentration risk percentage	4.00%	5.00%	4.00%	5.00%
Austin [Member]
Concentration risk percentage	4.00%	5.00%	4.00%	5.00%
East Dallas [Member]
Concentration risk percentage	3.00%	4.00%	3.00%	5.00%
All Other Facilities [Member]
Concentration risk percentage	70.00%	61.00%	69.00%	59.00%

Subsequent Events - Additional

Subsequent Events - Additional Information (Details) - USD ($) $ in Millions	Jul. 27, 2020	Jul. 24, 2020	Jul. 09, 2020	Jun. 30, 2020
Interest Rate Swap [Member]
Subsequent Events
Derivative, Notional Amount				$ 300
Derivative, Fixed Interest Rate				2.17%
Subsequent Event
Subsequent Events
Related Party Transactions, Purchase Price of Shares Acquired from Advisor			$ 17.6
Subsequent Event | Revolving Credit Facility [Member]
Subsequent Events
Line of Credit Facility, Maximum Borrowing Capacity	$ 600	$ 100
Subsequent Event | The Revolver [Member]
Subsequent Events
Line of Credit Facility, Maximum Borrowing Capacity	250
Subsequent Event | The Term loan [Member]
Subsequent Events
Line of Credit Facility, Maximum Borrowing Capacity	350
Subsequent Event | Accordion [Member]
Subsequent Events
Line of Credit Facility, Maximum Borrowing Capacity	50
Subsequent Event | Accordion [Member] | Interest Rate Swap [Member]
Subsequent Events
Derivative, Notional Amount	$ 50
Derivative, Fixed Interest Rate	0.158%