Global Medical REIT (GMRE) 10-K 8 Mar 21 2020 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Mar. 01, 2021	Jun. 30, 2020
Document Type	10-K
Document Period End Date	Dec. 31, 2020
Entity Registrant Name	Global Medical REIT Inc.
Document Annual Report	true
Document Transition Report	false
Entity File Number	001-37815
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
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
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Icfr Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 481.3
Entity Common Stock, Shares Outstanding		52,169,166
Entity Central Index Key	0001533615
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	FY
Amendment Flag	false
Common Stock [Member]
Title of 12(b) Security	Common Stock, par value $0.001 per share
Trading Symbol	GMRE
Security Exchange Name	NYSE
Series A Preferred Stock [Member]
Title of 12(b) Security	Series A Preferred Stock, par value $0.001 per share
Trading Symbol	GMRE PrA
Security Exchange Name	NYSE

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Investment in real estate:
Land	$ 128,857	$ 95,381
Building	851,427	693,533
Site improvements	15,183	9,912
Tenant improvements	49,204	33,909
Acquired lease intangible assets	98,234	72,794
Investment in real estate, Total	1,142,905	905,529
Less: accumulated depreciation and amortization	(94,462)	(56,503)
Investment in real estate, net	1,048,443	849,026
Cash and cash equivalents	5,507	2,765
Restricted cash	5,246	4,420
Tenant receivables, net	5,596	4,957
Due from related parties	103	50
Escrow deposits	4,817	3,417
Deferred assets	20,272	14,512
Derivative asset	0	2,194
Goodwill	5,903	0
Other assets	5,019	3,593
Total assets	1,100,906	884,934
Liabilities:
Credit Facility, net of unamortized debt issuance costs of $3,559 and $3,832 at December 31, 2020 and December 31, 2019, respectively	521,641	347,518
Notes payable, net of unamortized debt issuance costs of $835 and $667 at December 31, 2020 and December 31, 2019, respectively	64,937	38,650
Accounts payable and accrued expenses	7,279	5,069
Dividends payable	12,470	11,091
Security deposits and other	4,340	6,351
Due to related party	0	1,648
Derivative liability	18,086	8,685
Other liability	6,171	2,405
Acquired lease intangible liability, net	8,222	3,164
Total liabilities	643,146	424,581
Equity:
Preferred stock, $0.001 par value, 10,000 shares authorized; 3,105 issued and outstanding at December 31, 2020 and December 31, 2019, respectively (liquidation preference of $77,625 at December 31, 2020 and December 31, 2019, respectively)	74,959	74,959
Common stock, $0.001 par value, 500,000 shares authorized; 49,461 shares and 43,806 shares issued and outstanding at December 31, 2020 and December 31, 2019, respectively	49	44
Additional paid-in capital	504,789	433,330
Accumulated deficit	(116,773)	(71,389)
Accumulated other comprehensive loss	(18,219)	(6,674)
Total Global Medical REIT Inc. stockholders' equity	444,805	430,270
Noncontrolling interest	12,955	30,083
Total equity	457,760	460,353
Total liabilities and equity	$ 1,100,906	$ 884,934

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) shares in Thousands, $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Unamortized debt issuance costs	$ 835	$ 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	$ 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	49,461	43,806
Common stock, shares outstanding	49,461	43,806
Credit facility [Member]
Net of unamortized debt	$ 3,559	$ 3,832
Unamortized debt issuance costs	3,559	3,832
Notes Payable [Member]
Unamortized debt issuance costs	$ 835	$ 667

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Revenue
Rental revenue	$ 93,518	$ 70,515	$ 53,138
Other income	212	211	54
Total revenue	93,730	70,726	53,192
Expenses
General and administrative	11,935	6,536	5,537
Operating expenses	10,867	5,958	3,720
Management fees - related party	4,024	6,266	4,422
Depreciation expense	26,747	19,066	13,644
Amortization expense	9,606	5,569	3,625
Interest expense	18,680	17,472	14,975
Management internalization expense	14,005	0	0
Preacquisition expense	365	271	383
Total expenses	96,229	61,138	46,306
(Loss) income before gain on sale of investment property	(2,499)	9,588	6,886
Gain on sale of investment property	0	0	7,675
Net (loss) income	(2,499)	9,588	14,561
Less: Preferred stock dividends	(5,822)	(5,822)	(5,822)
Less: Net loss (income) attributable to noncontrolling interest	574	(354)	(1,071)
Net (loss) income attributable to common stockholders	$ (7,747)	$ 3,412	$ 7,668
Net (loss) income attributable to common stockholders per share - basic and diluted	$ (0.17)	$ 0.10	$ 0.35
Weighted average shares outstanding - basic and diluted	46,256	33,865	21,971

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Condensed Consolidated Statements of Comprehensive Income (Loss)
Net (loss) income	$ (2,499)	$ 9,588	$ 14,561
Other comprehensive income (loss):
Increase (decrease) in fair value of interest rate swap agreements	(11,545)	(2,953)	(3,721)
Total other comprehensive loss	(11,545)	(2,953)	(3,721)
Comprehensive (loss) income	(14,044)	6,635	10,840
Less: Preferred stock dividends	(5,822)	(5,822)	(5,822)
Less: Comprehensive loss attributable to noncontrolling interest	1,365	(74)	(625)
Comprehensive (loss) income attributable to common stockholders	$ (18,501)	$ 739	$ 4,393

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Equity - USD ($) $ 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, 2017	$ 22	$ 74,959	$ 205,788	$ (34,434)	$ 0	$ 246,335	$ 12,678	$ 259,013
Balance (in shares) at Dec. 31, 2017	21,631,000	3,105
Net (loss) income	$ 0	$ 0	0	13,490	0	13,490	1,071	14,561
Issuance of shares of common stock, net	$ 4	0	37,823	0	0	37,827	0	37,827
Issuance of shares of common stock, net (in shares)	4,313,000
LTIP Units and OP Units redeemed for common stock (in shares)	0
Change in fair value of interest rate swap agreements	$ 0	0	0	0	(3,721)	(3,721)	0	(3,721)
Stock-based compensation expense	0	0	0	0	0	0	2,671	2,671
Reclassification of deferred common stock offering costs	0	0	(573)	0	0	(573)	0	(573)
Dividends to common stockholders	0	0	0	(18,241)	0	(18,241)	0	(18,241)
Dividends to preferred stockholders	0	0	0	(5,822)	0	(5,822)	0	(5,822)
Dividends to noncontrolling interest	0	0	0	0	0	0	(2,065)	(2,065)
OP Units issued to third parties	0	0	0	0	0	0	16,363	16,363
LTIP Units redeemed in cash	0	0	0	0	0	0	(263)	(263)
Balances at Dec. 31, 2018	$ 26	$ 74,959	243,038	(45,007)	(3,721)	269,295	30,455	299,750
Balances (in shares) at Dec. 31, 2018	25,944,000	3,105,000
Net (loss) income	$ 0	$ 0	0	9,234	0	9,234	354	9,588
Issuance of shares of common stock, net	$ 18	0	189,211	0	0	189,229	0	189,229
Issuance of shares of common stock, net (in shares)	17,765,000
LTIP Units and OP Units redeemed for common stock (in shares)	97,000
Change in fair value of interest rate swap agreements	$ 0	0	0	0	(2,953)	(2,953)	0	(2,953)
Stock-based compensation expense	0	0	0	0		0	3,336	3,336
Reclassification of deferred common stock offering costs	0	0	1,081	0	0	1,081	(1,081)	0
Issuance of shares of preferred stock	0
Reclassification of deferred preferred stock offering costs	0
Dividends to common stockholders	0	0	0	(29,794)	0	(29,794)	0	(29,794)
Dividends to preferred stockholders	0	0	0	(5,822)	0	(5,822)	0	(5,822)
Dividends to noncontrolling interest	0	0	0	0	0	0	(3,487)	(3,487)
OP Units issued to third parties	0
LTIP Units redeemed in cash	0	$ 0	0	0	0	0	506	506
Issuance of shares of preferred stock (in shares)		0
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	43,806,000	3,105,000
Net (loss) income	$ 0	$ 0	0	(1,926)	0	(1,926)	(573)	(2,499)
Issuance of shares of common stock, net	$ 4	0	53,273	0	0	53,277	0	53,277
Issuance of shares of common stock, net (in shares)	4,248,000
LTIP Units and OP Units redeemed for common stock		0	18,186	0	0	18,187	(18,187)	0
LTIP Units and OP Units redeemed for common stock (in shares)	1,407,000
Change in fair value of interest rate swap agreements	$ 0	0	0	0	(11,545)	(11,545)	0	(11,545)
Stock-based compensation expense	0	0	0				5,319	5,319
Reclassification of deferred common stock offering costs	1
Dividends to common stockholders		0	0	(37,636)	0	(37,636)	0	(37,636)
Dividends to preferred stockholders	0	0	0	(5,822)	0	(5,822)	0	(5,822)
Dividends to noncontrolling interest	0	0	0	0	0	0	(3,687)	(3,687)
Balances at Dec. 31, 2020	$ 49	$ 74,959	$ 504,789	$ (116,773)	$ (18,219)	$ 444,805	$ 12,955	$ 457,760
Balances (in shares) at Dec. 31, 2020	49,461,000	3,105,000

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Equity (Parentheticals) - $ / shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Condensed Consolidated Statements of Equity
Dividends to common stockholders	$ 0.80	$ 0.80	$ 0.80
Dividends to preferred stockholders	$ 1.875	$ 1.875	$ 1.875

Condensed Consolidated Statem_5

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Operating activities
Net (loss) income	$ (2,499)	$ 9,588	$ 14,561
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation expense	26,747	19,066	13,644
Amortization of acquired lease intangible assets	9,567	5,569	3,625
Amortization of above market leases, net	504	881	688
Amortization of debt issuance costs and other	1,450	1,312	1,640
Stock-based compensation expense	5,319	3,336	2,671
Capitalized preacquisition costs charged to expense	131	231	110
Noncash lease expense	0	111	0
Reserve for uncollectible receivables	963	0	0
Gain on sale of investment property	0	0	(7,675)
Other	(16)	105	0
Changes in operating assets and liabilities:
Tenant receivables	(1,602)	(2,142)	(2,201)
Deferred assets	(5,761)	(5,160)	(5,811)
Other assets	(247)	(110)	(40)
Accounts payable and accrued expenses	1,562	857	1,519
Security deposits and other	129	2,199	2,024
Accrued management fees due to related party	(1,727)	584	79
Net cash provided by operating activities	34,520	36,427	24,834
Investing activities
Purchase of land, buildings, and other tangible and intangible assets and liabilities	(217,675)	(254,985)	(180,837)
Internalization - cash paid for acquisition of Former Advisor, net of cash acquired of $559	(5,093)	0	0
Net proceeds from sale of investment property	0	0	31,629
Escrow deposits for purchase of properties	180	(1,372)	174
Loan repayments from (made to) related parties	28	(16)	(85)
Capital expenditures on existing real estate investments	(1,112)	(1,824)	(2,535)
Preacquisition costs	0	0	36
Net cash used in investing activities	(223,672)	(258,197)	(151,618)
Financing activities
Net proceeds received from common equity offerings	53,088	189,498	37,307
Escrow deposits required by third party lenders	(1,539)	(293)	(288)
Proceeds from note payable	14,800	0	0
Repayment of note payable	(419)	(136)	(22)
Proceeds from Credit Facility	238,400	244,250	186,100
Repayment of Credit Facility	(64,550)	(173,175)	(70,725)
Payment of debt issuance costs	(1,294)	(1,039)	(2,811)
Redemption of LTIP Units	0	0	(263)
Dividends paid to common stockholders, and OP Unit and LTIP Unit holders	(39,944)	(29,171)	(18,964)
Dividends paid to preferred stockholders	(5,822)	(5,822)	(5,821)
Net cash provided by financing activities	192,720	224,112	124,513
Net increase in cash and cash equivalents and restricted cash	3,568	2,342	(2,271)
Cash and cash equivalents and restricted cash-beginning of year	7,185	4,843	7,114
Cash and cash equivalents and restricted cash-end of year	10,753	7,185	4,843
Supplemental cash flow information:
Cash payments for interest	16,907	16,282	13,077
Noncash financing and investing activities:
Accrued dividends payable	12,470	11,091	6,981
Interest rate swap agreements fair value change recognized in other comprehensive loss	11,545	2,953	3,721
OP Units and LTIP Units redeemed for common stock	18,187	1,081	0
CMBS loan assumed in connection with a facility acquisition	12,074	0	0
Accrued common stock offering costs	80	269	0
OP Units issued for property acquisition	0	506	16,362
Initial recognition of lease liability related to right of use asset	$ 0	$ 3,143	$ 0

Condensed Consolidated Statem_6

Condensed Consolidated Statements of Cash Flows (Parentheticals) $ in Thousands	12 Months Ended
	Dec. 31, 2020USD ($)
Condensed Consolidated Statements of Cash Flows
Cash acquired	$ 559

Organization

Organization	12 Months Ended
	Dec. 31, 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 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 December 31, 2020, the Company was the 93.56% limited partner of the Operating Partnership, with an aggregate of 6.44% 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”). The Company’s common stock is listed on the New York Stock Exchange under the ticker symbol “GMRE.” The Company's Series A Preferred Stock is listed on the New York Stock Exchange under the ticker symbol "GMRE PrA." As described below, until July 9, 2020, the Company was externally managed and advised by Inter-American Management LLC, a Delaware limited liability company and affiliate of the Company (the “Former Advisor”). On July 9, 2020, the Company acquired all of the outstanding shares of capital stock of Inter-American Group Holdings Inc. (“IAGH”), the parent company of the Former Advisor, for total consideration, after a working capital adjustment, of $17,746 (the “Internalization”). The Internalization was completed pursuant to a stock purchase agreement, dated as of July 9, 2020 (the "Stock Purchase Agreement"), by and among the Company, Zensun Enterprises Limited (“Zensun”) and Mr. Jeffrey Busch. Prior to the Internalization, IAGH was owned by Zensun (85%) and Mr. Busch (15%). ​ A special committee (the "Special Committee") comprised entirely of independent and disinterested members of the Company’s board of directors (the "Board"), after consultation with its independent legal and financial advisors, determined that the Internalization was advisable to, and in the best interests of, the Company and the Company’s stockholders and recommended that the Board authorize and approve the Internalization. Upon such recommendation from the Special Committee, the Board authorized and approved the Internalization. Approval by the Company’s stockholders was not required. Upon completion of the Internalization, the Management Agreement (as defined in Note 6 – “Related Party Transactions”) was terminated, the employees of the Former Advisor became employees of the Company and the functions previously performed by the Former Advisor were internalized by the Company. ​

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2020
Summary of Significant Accounting Policies
Summary of Significant Accounting Policies	Note 2 – Summary of Significant Accounting Policies Principles of Consolidation The accompanying consolidated financial statements include the accounts of the Company 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 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 or voting percentage in the Operating Partnership associated with such noncontrolling interests and is removed from consolidated income or loss on the 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. Any future issuances of additional LTIP Units or OP Units would change the noncontrolling ownership interest. Use of Estimates The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires the Company to make estimates and assumptions that affect the amounts reported in the 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 continue to be capitalized for asset acquisitions and expensed as incurred for business combinations. ASC Topic 805 resulted in all of our post-January 1, 2018 property acquisitions being accounted for as asset acquisitions because substantially all of the fair value of the gross assets the Company acquires are 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 pre-acquisition due diligence, and we routinely utilize the assistance of a third-party appraiser. Valuation of tangible assets: The fair value of land is determined using the sales comparison approach whereby recent comparable land sales and listings are gathered and summarized. The available market data is analyzed and compared to the land being valued and adjustments are made for dissimilar characteristics such as market conditions, size, and location. The Company estimates the fair value of buildings acquired on an as-if-vacant basis and depreciates the building value over its estimated remaining life. Fair value is primarily based on estimated cash flow projections that utilize discount and/or capitalization rates as well as available market information. The Company determines the fair value of site improvements (non-building improvements that include paving and other) using the cost approach, with a deduction for depreciation, and depreciates the site improvements over their estimated remaining useful lives. Tenant improvements represent fixed improvements to tenant spaces, the fair value of which is estimated using prevailing market tenant improvement allowances. Tenant improvements are amortized over the remaining term of the lease. Valuation of intangible assets: In determining the fair value of in-place leases (the avoided cost associated with existing in-place leases) management considers current market conditions and costs to execute similar leases in arriving at an estimate of the carrying costs during the expected lease-up period from vacant to existing occupancy. In estimating carrying costs, management includes reimbursable (based on market lease terms) real estate taxes, insurance, other operating expenses, as well as estimates of lost market rental revenue during the expected lease-up periods. The values assigned to in-place leases are amortized over the remaining term of the lease. The fair value of above-or-below market leases is estimated based on the present value (using an interest rate which reflected the risks associated with the leases acquired) of the difference between contractual amounts to be received pursuant to the leases and management’s estimate of market lease rates measured over a period equal to the estimated remaining term of the lease. An above market lease is classified as an intangible asset and a below market lease is classified as an intangible liability. The capitalized above-market or below-market lease intangibles are amortized as a reduction of, or an addition to, rental income over the estimated remaining term of the respective leases. Intangible assets related to leasing costs consist of leasing commissions and legal fees. Leasing commissions are estimated by multiplying the remaining contract rent associated with each lease by a market leasing commission. Legal fees represent legal costs associated with writing, reviewing, and sometimes negotiating various lease terms. Leasing costs are amortized over the remaining useful life of the respective leases. 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 Consolidated Statements of Operations. Assets Held for Sale The Company may sell properties from time to time for various reasons, including favorable market conditions. Assets, primarily consisting of real estate, are classified as held for sale when all the necessary criteria are met. The criteria include (i) management, having the authority to approve action, commits to a plan to sell the property in its present condition, (ii) the sale of the property is at a price reasonable in relation to its current fair value and (iii) the sale is probable and expected to be completed within one year. Real estate held for sale is carried at the lower of carrying amounts or estimated fair value less disposal costs. Depreciation and amortization are not recognized on real estate classified as held for sale. Impairment of Long-Lived Assets The Company evaluates its real estate assets for impairment at each reporting date or whenever events or circumstances indicate that its carrying amount may not be recoverable. If an impairment indicator exists, the Company compares the expected future undiscounted cash flows against the carrying amount of the asset. If the sum of the estimated undiscounted cash flows is less than the carrying amount of the asset, the Company would record an impairment loss for the difference between the estimated fair value and the carrying amount of the asset. Cash and Cash Equivalents and Restricted Cash The Company considers all demand deposits, cashier’s checks, money market accounts, and certificates of deposit with an original 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 that were received from certain tenants that the Company collected to pay specific tenant expenses, such as real estate taxes and insurance, on the tenant’s behalf ("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 Consolidated Statements of Cash Flows: ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ 2020 2019 Cash and cash equivalents $ 5,507 $ 2,765 Restricted cash ​ ​ 5,246 ​ ​ 4,420 Total cash and cash equivalents and restricted cash $ 10,753 $ 7,185 ​ Tenant Receivables, Net The tenant receivable balance as of December 31, 2020 and 2019 was $5,596 and $4,957, respectively. The balance as of December 31, 2020 consisted of $1,817 in funds owed from the Company’s tenants for rent that the Company had earned but had not yet received, $1,200 of loans that were made to two of the Company’s tenants, and $2,579 of tenant reimbursements. 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 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, as of December 31, 2020, a portfolio level reserve of $450 was established on those leases that were probable of collection to ensure that the tenant lease receivables were not overstated. Escrow Deposits The escrow balance as of December 31, 2020 and 2019 was $4,817 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, as hereinafter defined. Deferred Assets The deferred assets balance as of December 31, 2020 and 2019 was $20,272 and $14,512, respectively. The balance as of December 31, 2020 consisted of $20,192 in deferred rent receivables resulting from the recognition of revenue from leases with fixed annual rental escalations on a straight-line basis and $80 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 December 31, 2020 and 2019 was $5,019 and $3,593, respectively. The balance as of December 31, 2020 consisted of $3,598 for right of use assets (refer to Note 8 – “Leases” for additional details), $484 in capitalized preacquisition costs, $588 in prepaid assets, and $349 for net capitalized software costs and miscellaneous assets. 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 December 31, 2020 and 2019 was $4,340 and $6,351, respectively. The balance as of December 31, 2020 consisted of security deposits. 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. Derivative Instruments - Interest Rate Swaps As of December 31, 2020 and 2019, the Company's net liability balance related to interest rate swap derivative instruments that were designated as cash flow hedges of interest rate risk was $18,086 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 four 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. Net (Loss) Income Attributable to Common Stockholders Per Share The Company uses the treasury stock method to compute diluted net income or loss attributable to common stockholders per share. Basic net income or loss per share of common stock is computed by dividing net income or loss attributable to common stockholders by the weighted average number of shares of common stock outstanding for the period. Diluted net income or loss per share of common stock is computed by dividing net income or loss attributable to common stockholders by the sum of the weighted average number of shares of common stock outstanding plus any potential dilutive shares for the period. OP Units and LTIP Units are not reflected in the diluted per share calculation because the exchange of OP Units and LTIP Units into common stock is on a one-for-one basis, and both are allocated net income on a per share basis equal to the common stock. Accordingly, any exchange would not have any effect on diluted net income (loss) available to common stockholders per share. The Company considered the requirements of the two-class method when computing earnings per share and determined that there would be no difference in its reported results if that method was utilized. Debt Issuance Costs Debt issuance costs include amounts paid to lenders and other third parties to obtain both fixed term and revolving debt and are amortized to interest expense on a straight-line basis over the term of the related debt. Refer to Note 4 – “Credit Facility, Notes Payable and Derivative Instruments” for additional details. Related Party Disclosures The Company enters into transactions with affiliated entities, or “related parties,” which are recorded as receivables or payables in the accompanying Consolidated Balance Sheets. Related party disclosures are governed by ASC Topic 850, “Related Party Disclosures.” Refer to Note 6 – “Related Party Transactions” for additional information regarding the Company’s related party transactions. Stock-Based Compensation The Company grants LTIP Unit awards, including awards that vest over time and awards that vest based on achievement of specified performance criteria, to its employees and its independent directors. The Company accounts for all these awards under ASC Topic 718, "Compensation-Stock Compensation," ("ASC Topic 718") after the 2018 adoption of ASU 2018-07, "Improvements to Nonemployee Share-Based Payment Accounting" ("ASU 2018-07"), which simplified several aspects of the accounting for non-employee transactions by stipulating that the existing accounting guidance for share-based payments to employees, accounted for under ASC Topic 718 will also apply to non-employee share-based transactions, previously accounted for under ASC Topic 505, “Equity.” ("ASC Topic 505"). Refer to Note 7 – “Stock Based Compensation” for additional details. Depreciation Expense Real estate and related assets are stated net of accumulated depreciation. Renovations, replacements and other expenditures that improve or extend the life of assets are capitalized and depreciated over their estimated useful lives. Expenditures for ordinary maintenance and repairs are charged to expense as incurred. Depreciation is computed using the straight-line method over the estimated useful life of the buildings, which are generally between 23 one three Management Internalization Expense ​ As described in Note 1 – “Organization,” the Internalization transaction closed on July 9, 2020. The total amount of consideration for the Internalization, after a working capital adjustment, was $17,746. In accordance with ASC Topic 805, the portion of the consideration paid for the Internalization that was attributed to the settlement of a preexisting contractual relationship (the Management Agreement) of $12,094 was recognized as “Management Internalization Expense” in the accompanying Consolidated Statements of Operations for the year ended December 31, 2020 and the $5,903 of excess consideration paid over the fair value of underlying identifiable net liabilities of the business acquired of $251 was recorded as “Goodwill” in the accompanying Consolidated Balance Sheets. The Company also incurred $1,911 of expense related to the Internalization for the year ended December 31, 2020, which is also included in the “Management Internalization Expense” line item. The Company’s Consolidated Statement of Operations for the year ended December 31, 2020, includes no revenue and $3,458 of net loss related to the operations of the business acquired subsequent to its acquisition. The table below presents the unaudited revenue and net income attributable to common stockholders on a pro forma basis as if the transaction occurred on January 1, 2018. Pro forma net income attributable to common stockholders for the year ended December 31, 2020, excludes non-recurring expenses incurred related to the settlement of the preexisting contractual agreement of $12,094. The pro forma results are not necessarily indicative of the results that would have occurred if the business combination had occurred on the first day of the periods presented, nor does the pro forma information purport to represent the results of operations for future periods. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, ​ 2020 ​ 2019 ​ 2018 ​ ​ (unaudited, in thousands) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pro forma total revenue ​ $ 93,730 ​ $ 70,726 ​ $ 53,192 Pro forma net income attributable to common stockholders ​ $ 5,524 ​ $ 4,500 ​ $ 5,952 ​ Goodwill ​ Goodwill represents the excess of consideration paid over the fair value of underlying identifiable net assets of businesses acquired. During the year ended December 31, 2020, the Company recorded $5,903 of Goodwill related to the Internalization. Goodwill has an indefinite life and is not amortized, but is tested for impairment on an annual basis, or more frequently if events or changes in circumstances indicate that the asset might be impaired. The Company’s policy is to perform its annual goodwill impairment evaluation as of the first day of the fourth quarter of its fiscal year. The Company has one reporting unit. ​ Goodwill is evaluated for impairment either under a qualitative assessment option or a quantitative approach depending on the facts and circumstances of the reporting unit, consideration of the excess of the reporting unit's fair value over its carrying amount in previous assessments and changes in business environment. When performing a qualitative assessment, the Company considers factors including, but not limited to, current macroeconomic conditions, industry and market conditions, cost factors, financial performance and other events relevant to the entity or the reporting unit to determine whether it is more likely than not that the fair value of the reporting unit is less than its carrying amount. If the Company determines that it is more likely than not that the reporting unit's fair value is less than its carrying amount, a quantitative goodwill impairment test is performed. When performing a quantitative goodwill impairment test, the reporting unit carrying value is compared to its fair value. Goodwill is deemed impaired if, and the impairment loss is recognized for the amount by which, the reporting unit carrying value exceeds its fair value. Estimating the fair value of a reporting unit requires the exercise of significant judgment and assumptions including judgments about expected future cash flows, weighted-average cost of capital, discount rates and expected long-term growth rates. A significant change to these estimates and assumptions could cause the estimated fair values of our reporting unit to decline and increase the risk of an impairment charge to earnings. We performed a qualitative analysis during the fourth quarter of the fiscal year and determined that it was more likely than not that the fair value of the reporting unit was in excess of the reporting units carrying value, and as a result, a quantitative step one analysis was not necessary. The following table summarizes the consideration paid, the fair value of the assets and liabilities assumed, and the resulting Goodwill balance: ​ ​ ​ ​ Total consideration paid ​ $ 17,746 ​ ​ ​ Internalization expense - settlement of a preexisting contractual relationship ​ 12,094 ​ ​ ​ Recognized amounts of identifiable assets acquired and liabilities assumed: ​ ​ Cash ​ 559 Software intangible ​ 263 Fixed assets ​ 87 Prepaids and other assets ​ 101 Accrued wages and expenses ​ (883) Income tax liability ​ (378) Total identifiable net liabilities ​ (251) Goodwill ​ $ 5,903 ​ The amount attributable to the settlement of a preexisting contractual relationship was based on the fair value of the Management Agreement. The fair value was determined using the multi-period excess earnings method (“MPEEM”), a form of the income approach. The MPEEM is based on the principle that the value of an intangible asset is equal to the present value of the incremental after-tax cash flows attributable only to that asset. To quantify the cash flows attributable solely to the subject intangible asset, contributory asset charges are typically applied to account for the use of and/or required return on these assets. In applying the MPEEM, the earnings expected to be generated by the Management Agreement were forecasted over the estimated duration of the intangible asset. The earnings were then adjusted by taxes and the required return for the use of the contributory assets. The after-tax excess cash flows were then present valued, using discount rates and available market information, to estimate the fair value of the Management Agreement as of July 9, 2020. The Company utilized the assistance of a third-party specialist in the determination of the fair value of the Management Agreement. ​ Cash paid for the acquisition of the Former Advisor, after consideration of the settlement of preexisting contractual relationship of $12,094 and net of cash acquired of $559 was $5,093 and is included as an “Investing” activity in the Company’s Consolidated Statement of Cash Flows for year ended December 31, 2020. Income Taxes The Company elected to be taxed as a REIT for U.S. federal income tax purposes commencing with its taxable year ended December 31, 2016. REITs are generally not subject to U.S. federal income taxes if the Company can meet many specific requirements. If the Company fails to qualify as a REIT in any taxable year, the Company will be subject to U.S. federal and state income tax (including for 2017 and prior taxable years only, any applicable alternative minimum tax) on its taxable income at regular corporate tax rates, and the Company could not re-elect REIT status until the fifth calendar year after the year in which the failure occurred. Even if the Company continues to qualify as a REIT, it may be subject to certain state or local income taxes, and if the Company creates a TRS, the TRS will be subject to U.S. federal, state and local taxes on its income at regular corporate rates. The Company recognizes the tax effects of uncertain tax positions only if the position is more likely than not to be sustained upon audit, based on the technical merits of the position. The Company has not identified any material uncertain tax positions and recognizes interest and penalties in income tax expense, if applicable. The Company is currently not under examination by any income tax jurisdiction. Fair Value of Financial Instruments Fair value is a market-based measurement and should be determined based on the assumptions that market participants would use in pricing an asset or liability. In accordance with ASC Topic 820, the valuation hierarchy is based upon the transparency of inputs to the valuation of an asset or liability as of the measurement date. A financial instrument’s categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The three levels are defined as follows: ● Level 1 - Inputs to the valuation methodology are quoted prices for identical assets or liabilities in active markets; ● Level 2 - Inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument; and ● Level 3 - Inputs to the valuation methodology are unobservable and significant to the fair value measurement. The Company considers the carrying values of cash and cash equivalents, escrow deposits, accounts and other receivables, and accounts payable and accrued expenses to approximate the fair value for these financial instruments because of the short period of time since origination or the short period of time between origination of the instruments and their expected realization. Due to the short-term nature of these instruments, Level 1 and Level 2 inputs are utilized to estimate the fair value of these financial instruments. The Company considers the carrying value of its debt to approximate fair value. The fair values determined related to the Company’s interest rate swap transactions utilize Level 2 inputs, since there is heavy reliance on a variety of inputs including contractual terms, interest rate curves, yield curves, measure of volatility, and correlations of such inputs. The fair values determined related to the Company’s acquisitions of real estate where the identification and recording of intangible assets and liabilities is required primarily utilize Level 2 inputs since there is heavy reliance on market observable data such as rent comparables, sales comparables, and broker indications. Although some Level 3 inputs are utilized, they are minor in comparison to the Level 2 date used for the primary assumptions as it relates to acquisitions of real estate. Segment Reporting ASC Topic 280, “Segment Reporting,” establishes standards for reporting financial and descriptive information about a public entity’s reportable segments. The Company has determined that it has one reportable segment, with activities related to investing in medical properties. The Company evaluates the operating performance of its investments on an individual asset level basis. Recent Accounting Pronouncements Lease Modifications 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 consolidated financial statements as of and for the year ended December 31, 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 year ended December 31, 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 year ended December 31, 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. ​ ​ ​ Goodwill Impairment In January 2017, the FASB issued ASU 2017-04, “Intangibles – Goodwill and Other (Topic350): Simplifying the Test for Goodwill Impairment” (“ASU 2017-04”), to simplify and reduce the cost and complexity of the goodwill impairment test. The new guidance eliminates “Step 2” from the traditional two-step goodwill impairment test and redefines the concept of impairment from a

Property Portfolio

Property Portfolio	12 Months Ended
	Dec. 31, 2020
Property Portfolio
Property Portfolio	Note 3 – Property Portfolio Summary of Properties Acquired During the Year Ended December 31, 2020 During the year ended December 31, 2020 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, 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 ​ 2,951 ​ 17,341 ​ 470 ​ 450 ​ 1,582 ​ 22,794 Dumfries – 4/27/20 ​ ​ 2,597 ​ ​ 10,047 ​ ​ 289 ​ ​ 4,815 ​ ​ 4,292 ​ ​ 22,040 Centerville – 7/16/20 ​ ​ — ​ ​ 4,202 ​ ​ 160 ​ ​ 208 ​ ​ 501 ​ ​ 5,071 Fairfax – 7/17/20 ​ ​ 6,731 ​ ​ 6,642 ​ ​ 381 ​ ​ 2,979 ​ ​ 3,012 ​ ​ 19,745 Rosedale – 7/31/20 ​ ​ 2,856 ​ ​ 16,204 ​ ​ 567 ​ ​ 1,443 ​ ​ 2,821 ​ ​ 23,891 Lancaster – 9/18/20 ​ ​ 696 ​ ​ 4,269 ​ ​ 110 ​ ​ 116 ​ ​ 1,114 ​ ​ 6,305 Winston-Salem – 9/30/20 ​ ​ 1,524 ​ ​ 6,407 ​ ​ 254 ​ ​ 307 ​ ​ 748 ​ ​ 9,240 Decatur and Jackson – 10/20/20 ​ ​ 2,237 ​ ​ 7,140 ​ ​ 284 ​ ​ 296 ​ ​ 955 ​ ​ 10,912 Sheboygan and Plymouth – 10/27/20 ​ ​ 1,088 ​ ​ 11,212 ​ ​ 253 ​ ​ 225 ​ ​ 1,046 ​ ​ 13,824 Spring Hill and Hudson – 11/18/20 ​ ​ 3,473 ​ ​ 12,520 ​ ​ 420 ​ ​ 435 ​ ​ 1,370 ​ ​ 18,218 Cape Girardeau – 11/23/20 ​ ​ 1,150 ​ ​ 4,601 ​ ​ 73 ​ ​ 264 ​ ​ 1,262 ​ ​ 7,350 Yuma – 12/1/20 ​ ​ 1,041 ​ ​ 4,715 ​ ​ 309 ​ ​ 274 ​ ​ 640 ​ ​ 6,979 Las Vegas – 12/14/20 ​ ​ 311 ​ ​ 6,813 ​ ​ — ​ ​ — ​ ​ — ​ ​ 7,124 Pensacola – 12/29/20 ​ ​ 1,786 ​ ​ 5,742 ​ ​ 332 ​ ​ 411 ​ ​ 781 ​ ​ 9,052 Venice – 12/30/20 ​ ​ 1,648 ​ ​ 4,204 ​ ​ 247 ​ ​ 333 ​ ​ 543 ​ ​ 6,975 Capitalized costs (1) ​ ​ — ​ ​ 1,230 ​ ​ 203 ​ ​ 194 ​ ​ 172 ​ ​ 1,799 Total Additions: ​ 33,476 ​ 157,894 ​ 5,271 ​ 15,295 ​ 25,440 ​ 237,376 Balances as of December 31, 2020 ​ $ 128,857 ​ $ 851,427 ​ $ 15,183 ​ $ 49,204 ​ $ 98,234 ​ $ 1,142,905 (1) Represents capital projects that were completed and placed in service during the year ended December 31, 2020 related to the Company’s existing facilities. Depreciation expense was $26,747, $19,066, and $13,644 for the years ended December 31, 2020, 2019, and 2018, respectively. As of December 31, 2020, the Company had aggregate capital improvement commitments and obligations to improve, expand, and maintain the Company’s existing facilities of approximately $30,094. 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 $19,434. The following is a summary of the acquisitions completed during the year ended December 31, 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 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 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 purchase price of approximately $19.6 million. Upon closing, the Company assumed the existing lease of the Dumfries Facility with Spectrum Healthcare Resources, Inc., as tenant. At acquisition, the lease had approximately nine and a half years ​ ​ ​ ​ ​ 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. ​ Centerville Facility ​ On July 16, 2020, the Company purchased a medical office building located in Centerville, Iowa (the “Centerville Facility”) and the seller’s interest, as ground lessee, in an existing ground lease, for a purchase price of approximately $5.1 million. The ground lease has a remaining term of approximately 49 years. Upon closing, the Company assumed the existing lease of the Centerville Facility with Mercy Medical Center-Centerville One St. Joseph Drive, as tenant. At acquisition, the lease had approximately 10.5 years remaining in the initial term, exclusive of renewal options. The following table presents the details of the tangible and intangible assets acquired and liabilities assumed: ​ ​ ​ ​ ​ Land and site improvements $ 160 Building and tenant improvements ​ 4,410 In-place leases ​ 216 Leasing costs ​ 285 Total purchase price ​ $ 5,071 ​ Fairfax Facility ​ ​ ​ ​ ​ ​ Land and site improvements $ 7,112 Building and tenant improvements ​ 9,621 In-place leases ​ 2,314 Leasing costs ​ 698 Below-market lease intangibles ​ (1,866) Total purchase price ​ $ 17,879 ​ Rosedale Facilities ​ ​ ​ ​ ​ ​ Land and site improvements $ 3,423 Building and tenant improvements ​ 17,647 In-place leases ​ 1,063 Leasing costs ​ 892 Above-market lease intangibles ​ ​ 866 Below-market lease intangibles ​ (785) Total purchase price ​ $ 23,106 ​ In connection with this acquisition, the Company entered into a loan with FVCbank in the amount of $14.8 million with an annual interest rate of 3.85% and a term of five years. ​ Lancaster Facility ​ On September 18, 2020, the Company purchased a medical office building located in Lancaster, Texas (the “Lancaster Facility”) for a purchase price of approximately $6.3 million. Upon closing, the Company assumed the existing lease at the Lancaster Facility with Biomat USA, Inc., as tenant. At acquisition, the lease had approximately eight and a half years ​ ​ ​ ​ ​ Land and site improvements $ 806 Building and tenant improvements ​ 4,385 In-place leases ​ 244 Leasing costs ​ 283 Above-market lease intangibles ​ 587 Total purchase price ​ $ 6,305 ​ ​ ​ ​ Winston-Salem Facility ​ On September 30, 2020, the Company purchased a medical office building located in Winston-Salem, North Carolina (the “Winston-Salem Facility”) for a total purchase price of approximately $8.5 million. Upon closing, the Company assumed five existing leases at the Winston-Salem Facility (the “Winston-Salem Leases”). At acquisition, the Winston-Salem Leases had a weighted-average remaining term of approximately four years, exclusive of renewal options. The following table presents the details of the tangible and intangible assets acquired and liabilities assumed: ​ ​ ​ ​ ​ Land and site improvements $ 1,778 Building and tenant improvements ​ 6,714 In-place leases ​ 581 Leasing costs ​ 167 Below-market lease intangibles ​ (725) Total purchase price ​ $ 8,515 ​ Decatur and Jackson Facilities ​ ​ ​ ​ ​ ​ Land and site improvements $ 2,521 Building and tenant improvements ​ 7,436 In-place leases ​ 556 Leasing costs ​ 264 Above-market lease intangibles ​ ​ 135 Below-market lease intangibles ​ (27) Total purchase price ​ $ 10,885 ​ Sheboygan and Plymouth Facilities ​ ​ ​ ​ ​ ​ Land and site improvements $ 1,341 Building and tenant improvements ​ 11,437 In-place leases ​ 756 Leasing costs ​ 290 Total purchase price ​ $ 13,824 ​ Spring Hill and Hudson Facilities ​ LLC, as tenant. At acquisition, each lease had approximately eight years left in initial term, exclusive of renewal options. The following table presents the details of the tangible and intangible assets acquired and liabilities assumed: ​ ​ ​ ​ ​ Land and site improvements $ 3,893 Building and tenant improvements ​ 12,955 In-place leases ​ 831 Leasing costs ​ 539 Total purchase price ​ $ 18,218 ​ Cape Girardeau Facility ​ On November 23, 2020, ​ ​ ​ ​ ​ Land and site improvements $ 1,223 Building and tenant improvements ​ 4,865 In-place leases ​ 687 Leasing costs ​ 188 Above-market lease intangibles ​ 387 Total purchase price ​ $ 7,350 ​ Yuma Facilities ​ On December 1, 2020, the Company purchased two medical office buildings located in Yuma, Arizona (the “Yuma Facilities”) for a total purchase price of $7.0 million. Upon closing, the Company assumed the two existing leases at the Yuma Facilities with Yuma Regional Medical Center, as tenant. At acquisition, the leases had a weighted-average remaining term of approximately four years , exclusive of a renewal option. The following table presents the details of the tangible and intangible assets acquired and liabilities assumed: ​ ​ ​ ​ ​ Land and site improvements $ 1,350 Building and tenant improvements ​ 4,989 In-place leases ​ 439 Leasing costs ​ 136 Above-market lease intangibles ​ 65 Total purchase price ​ $ 6,979 ​ Las Vegas Facilities ​ ​ ​ ​ ​ Land and site improvements $ 311 Building and tenant improvements ​ 6,813 Total purchase price ​ $ 7,124 ​ Pensacola Facilities ​ ​ ​ ​ ​ ​ Land and site improvements $ 2,118 Building and tenant improvements ​ 6,153 In-place leases ​ 456 Leasing costs ​ 325 Total purchase price ​ $ 9,052 ​ Venice Facilities ​ five and a half years ​ ​ ​ ​ ​ Land and site improvements $ 1,895 Building and tenant improvements ​ 4,537 In-place leases ​ 387 Leasing costs ​ 156 Total purchase price ​ $ 6,975 ​ 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 ​ Lease Intangible Assets and Liabilities The following is a summary of the carrying amount of lease intangible assets and liabilities as of December 31, 2020 and 2019: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2020 ​ ​ ​ ​ ​ Accumulated ​ ​ ​ ​ Cost Amortization Net Assets ​ ​ ​ ​ ​ ​ ​ ​ ​ In-place leases ​ $ 55,561 ​ $ (14,592) ​ $ 40,969 Above market leases ​ 14,972 ​ (4,023) ​ 10,949 Leasing costs ​ 27,701 ​ (6,284) ​ 21,417 ​ ​ $ 98,234 ​ $ (24,899) ​ $ 73,335 Liability ​ ​ ​ ​ ​ ​ ​ ​ ​ Below market leases ​ $ 10,072 ​ $ (1,850) ​ $ 8,222 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended December 31, ​ 2020 2019 2018 Amortization expense related to in-place leases ​ $ 6,741 ​ $ 3,814 ​ $ 2,460 Amortization expense related to leasing costs ​ $ 2,826 ​ $ 1,755 ​ $ 1,165 Decrease in rental revenue related to above market ground leases ​ $ — ​ $ — ​ $ 22 Decrease in rental revenue related to above market leases ​ $ 1,657 ​ $ 1,270 ​ $ 876 Increase in rental revenue related to below market leases ​ $ (1,153) ​ $ (389) ​ $ (210) ​ Future aggregate net amortization of the acquired lease intangible assets and liabilities as of December 31, 2020, is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net Decrease ​ Net Increase ​ ​ in Revenue ​ in Expenses 2021 ​ $ (194) ​ $ 11,010 2022 ​ (211) ​ 10,587 2023 ​ (246) ​ 9,626 2024 ​ (49) ​ 8,290 2025 ​ (463) ​ 5,472 Thereafter ​ (1,564) ​ 17,401 Total ​ $ (2,727) ​ $ 62,386 ​ For the year ended December 31, 2020, the weighted average amortization period for asset lease intangibles and liability lease intangibles are 5.29 years and 4.82 years, respectively.

Credit Facility, Notes Payable

Credit Facility, Notes Payable and Derivative Instruments	12 Months Ended
	Dec. 31, 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 $600 million syndicated credit facility with BMO Harris Bank N.A. (“BMO”), as administrative agent (the “Credit Facility”). The Credit Facility consists of a $350 million term-loan component (the “Term Loan”) and a $250 million revolver component (the “Revolver”). The Credit Facility also contains a $50 million accordion. The term of the Revolver expires in August 2022 August 2023 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, (iv) a ratio of total secured recourse debt to total asset value of not greater than 0.10:1.00, and, (v) beginning at the end of the fourth quarter of 2020, a quarterly requirement that the Company’s distributions to common stockholders and OP Unit and LTIP Unit holders be limited to an amount equal to 95% of its AFFO. As of December 31, 2020, the Company complied with all of the financial and non-financial covenants contained in the Credit Facility. The Company has entered into interest rate swaps to hedge its interest rate risk on the Term Loan. For additional information related to the interest rate swaps, see the “Derivative Instruments - Interest Rate Swaps” section herein. During the year ended December 31, 2020, the Company borrowed $238,400 under the Credit Facility and repaid $64,550, for a net amount borrowed of $173,850. During the year ended December 31, 2019, the Company borrowed $244,250 under the Credit Facility and repaid $173,175, for a net amount borrowed of $71,075. Interest expense incurred on the Credit Facility was $14,669, $14,237, and $11,371 for the years ended December 31, 2020, 2019, and 2018, respectively. As of December 2020 and 2019, the Company had the following outstanding borrowings under the Credit Facility: ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2020 December 31, 2019 Revolver ​ $ 175,200 ​ $ 51,350 Term Loan ​ 350,000 ​ 300,000 Less: Unamortized debt issuance costs ​ (3,559) ​ (3,832) Credit Facility, net ​ $ 521,641 ​ $ 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 Consolidated Balance Sheets. The Company paid $952 and $1,039 during the years ended December 31, 2020 and 2019, respectively, related to modifications to the Credit Facility and borrowing base additions. Amortization expense incurred was $1,225, $1,129, and $1,639 for the years ended December 31, 2020, 2019, and 2018, respectively, and is included in the “Interest Expense” line item in the accompanying 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 four loans: (1) the Rosedale Loan, (2) the Dumfries Loan, (3) the Cantor Loan, and (4) the West Mifflin Loan, described in detail below. The following table sets forth the balances of these loans as of December 31, 2020 and 2019. ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2020 December 31, 2019 Notes payable, gross ​ $ 66,349 ​ $ 39,475 Less: Unamortized debt issuance costs ​ (835) ​ (667) Cumulative principal repayments ​ (577) ​ (158) Notes payable, net ​ $ 64,937 ​ $ 38,650 ​ The Company paid $342 in debt issuance and related costs during the year ended December 31, 2020. No debt issuance and related costs were paid during the year ended December 31, 2019. Amortization expense incurred related to the debt issuance costs was $174, $132, and $131, for the years ended December 31, 2020, 2019, and 2018, respectively, and is included in the “Interest Expense” line item in the accompanying Consolidated Statements of Operations. Rosedale Loan On July 31, 2020, in connection with its acquisition of the Rosedale Facilities, the Company, through certain of its wholly owned subsidiaries, as borrowers, entered into a commercial term loan with a principal balance of $14,800 (“the Rosedale Loan”). The Rosedale Loan has an annual interest rate of 3.85% and matures on July 31, 2025 with principal and interest payable monthly based on a 25-year The Company made principal payments of $109 during the year ended December 31, 2020. The loan balance as of December 31, 2020 was $14,691. Interest expense incurred on this loan was $249 for the year ended December 31, 2020. As of December 31, 2020, scheduled principal payments due for each year ended December 31 were as follows: ​ ​ ​ ​ 2021 $ 361 2022 ​ 376 2023 ​ 391 2024 ​ 405 2025 ​ ​ 13,158 Total ​ $ 14,691 ​ Dumfries Loan On April 27, 2020, in connection with its acquisition of the Dumfries Facility, the Company, through a wholly owned subsidiary, 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 $175 during the year ended December 31, 2020. The note balance as of December 31, 2020 was $11,899. Interest expense incurred on this note was $383 for year ended December 31, 2020. As of December 31, 2020, scheduled principal payments due for each year ended December 31 were as follows: ​ ​ ​ ​ 2021 $ 275 2022 ​ 288 2023 ​ 302 2024 ​ 11,034 Total ​ $ 11,899 ​ 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 rate of 5.22%. The Cantor Loan requires interest-only payments through March 31, 2021 and thereafter principal and interest based on a 30-year ​ The note balance as of December 31, 2020 and 2019 was $32,097. Interest expense incurred on this note was $1,703, $1,699, and $1,699 for the years ended December 31, 2020, 2019, and 2018, respectively. As of December 31, 2020, scheduled principal payments due for each fiscal year ended December 31 are as follows: ​ ​ ​ ​ ​ 2021 $ 282 2022 447 2023 ​ 471 2024 ​ 492 2025 ​ 523 Thereafter ​ 29,882 Total ​ $ 32,097 ​ West Mifflin Loan On September 25, 2015, the Company, through a wholly owned subsidiary, as borrower, entered into a $7,378 term loan with Capital One. On September 25, 2020, the Company and Capital One amended the terms of the loan to extend the maturity date to September 25, 2021 and increase the interest rate to 4.25% per annum. The West Mifflin facility serves as collateral for the loan. The Company made principal payments of $293, and $136 during the years ended December 31, 2020 and 2019. The note balance as of December 31, 2020 and 2019 was $7,085 and $7,220, respectively. Interest expense incurred on this note was $277, $274, and $280 for the years ended December 31, 2020, 2019, and 2018, respectively. Derivative Instruments - Interest Rate Swaps As of December 31, 2020, the Company had the following six interest rate swaps that are used to manage its interest rate risk and fix the LIBOR component of certain of its floating rate debt on a weighted average basis at 1.91%: ​ ​ ​ ​ ​ ​ ​ ​ ​ Counterparty Notional Amount Fixed LIBOR Rate Maturity Wells Fargo Bank, N.A. ​ $ ​ 0.16% ​ August 2023 BMO ​ ​ 100 million ​ 2.88% ​ August 2023 BMO ​ ​ 1.21% ​ August 2024 Truist Bank ​ ​ 1.21% ​ August 2024 Truist Bank ​ ​ 2.93% ​ August 2024 Citizens Bank, National Association ​ ​ 2.93% ​ August 2024 Total/Weighted Average ​ $ 350 million 1.91% ​ ​ 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 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 $18,086 and $6,491 as of December 31, 2020 and 2019, respectively. The gross balances are included in the “Derivative Asset’ and “Derivative Liability” line items on the Company’s Consolidated Balance Sheets as of December 31, 2020 and 2019, respectively. The table below details the components of the loss presented on the accompanying Consolidated Statements of Comprehensive (Loss) Income recognized on the Company’s interest rate swap agreements designated as cash flow hedges for the years ended December 31, 2020, 2019, and 2018. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, ​ 2020 2019 2018 ​ ​ ​ ​ ​ ​ ​ ​ ​ Amount of loss recognized in other comprehensive loss ​ $ 16,451 ​ $ 3,922 ​ $ 3,919 Amount of loss reclassified from accumulated other comprehensive loss into interest expense ​ (4,906) ​ (969) ​ (198) Total change in accumulated other comprehensive loss ​ $ 11,545 ​ $ 2,953 ​ $ 3,721 ​ During 2021, the Company estimates that an additional $6,211 will be reclassified as an increase to interest expense. Additionally, during the years ended December 31, 2020, 2019, and 2018, the Company recorded total interest expense in its Consolidated Statements of Operations of $18,680, $17,472, and $14,975, respectively. Weighted-Average Interest Rate and Term The weighted average interest rate and term of the Company’s debt was 3.17% and 2.79 years, respectively, at December 31, 2020, compared to 3.90% and 3.76 years, respectively, as of December 31, 2019.

Equity

Equity	12 Months Ended
	Dec. 31, 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 December 31, 2020 and 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 years ended December 31, 2020 and 2019 is summarized in the following table: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Applicable ​ Quarterly Dividends Date Announced ​ Record Date ​ Quarter ​ Payment Date ​ Dividend ​ per Share ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 13, 2018 ​ January 15, 2019 ​ Q4 2018 ​ January 31, 2019 ​ $ 1,455 ​ $ 0.46875 March 6, 2019 ​ April 15, 2019 ​ Q1 2019 ​ April 30, 2019 ​ $ 1,455 ​ $ 0.46875 June 14, 2019 ​ July 15, 2019 ​ Q2 2019 ​ July 31, 2019 ​ $ 1,455 ​ $ 0.46875 September 13, 2019 ​ October 15, 2018 ​ Q3 2019 ​ October 31, 2019 ​ $ 1,455 ​ $ 0.46875 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 ​ $ 0.46875 September 3, 2020 October 15, 2020 Q3 2020 October 31, 2020 ​ $ 1,455 ​ $ 0.46875 December 16, 2020 January 15, 2021 Q4 2020 February 1, 2021 ​ $ 1,455 (1) $ 0.46875 (1) Two months of this amount, equal to $970 , was accrued at December 31, 2020. The holders of the Series A Preferred Stock are entitled to receive dividend payments only when, as and if declared by 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 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, which commenced on October 31, 2017. During each of the years ended December 31, 2020 and 2019, the Company paid preferred dividends of $5,822. Common Stock The Company has 500,000 of authorized shares of common stock, $0.001 par value. As of December 31, 2020 and 2019, there were 49,461 and 43,806 outstanding shares of common stock, respectively. Common stock dividend activity for the years ended December 31, 2020 and 2019 is summarized in the following table: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Applicable ​ Dividend Dividends Date Announced ​ Record Date ​ Quarter ​ Payment Date ​ Amount (1) ​ per Share ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 13, 2018 ​ December 26, 2018 ​ Q4 2018 ​ January 10, 2019 ​ $ 5,695 ​ $ 0.20 March 6, 2019 ​ March 26, 2019 ​ Q1 2019 ​ April 10, 2019 ​ $ 7,688 ​ $ 0.20 June 14, 2019 ​ June 26, 2019 ​ Q2 2019 ​ July 11, 2019 ​ $ 7,699 ​ $ 0.20 September 13, 2019 ​ September 25, 2019 ​ Q3 2019 ​ October 10, 2019 ​ $ 8,004 ​ $ 0.20 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 September 3, 2020 September 24, 2020 Q3 2020 October 8, 2020 ​ $ 10,357 ​ $ 0.20 December 16, 2020 December 28, 2020 Q4 2020 January 11, 2021 ​ $ 10,573 ​ $ 0.20 (1) Includes dividends on granted LTIP Units and OP Units issued to third parties. During the year ended December 31, 2020, the Company paid total dividends on its common stock, LTIP Units, and OP Units in the amount of $39,944, consisting of the dividends declared for the fourth quarter of 2019 through the third quarter of 2020. Additionally. during the year ended December 31, 2019, the Company paid total dividends on its common stock, LTIP Units, and OP Units in the amount of $29,171, consisting of the dividends declared for the fourth quarter of 2018 through the third quarter of 2019. As of December 31, 2020 and 2019, the Company had an accrued dividend balance of $927 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 year ended December 31, 2020, $922 of dividends were accrued and $575 of dividends were paid related to these units. During the year ended December 31, 2019, $349 of dividends were accrued and $85 of dividends were paid related to these LTIP Units. The amount of the dividends paid to the Company’s stockholders is determined by the Company’s 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. Other Common Stock Activity During 2020 On August 17, 2020, the Company and the Operating Partnership entered into a Sales Agreement with certain sales agents, pursuant to which the Company may offer and sell, from time to time, up to $150,000 of its common stock (the “ATM Program”). During the year ended December 31, 2020, the Company issued 4,248 shares of its common stock at an average offering price of $12.84 per share pursuant to the ATM Program, generating net proceeds of $53,717. Other Common Stock Activity During 2019 ​ On December 13, 2019, the Company closed an underwritten public offering of its common stock and on December 26, 2019 the Company closed on the related over-allotment option granted to the underwriters. These transactions resulted in the issuance of 6,900 shares of the Company’s common stock at a public offering price of $13.00 per share, generating net proceeds of $84,702. ​ On March 18, 2019, the Company closed an underwritten public offering of its common stock and on March 25, 2019, the Company closed on part of the related over-allotment option granted to the underwriters. These transactions resulted in the issuance of 8,233 shares of the Company’s common stock at a public offering price of $9.75 per share, generating net proceeds of $75,723. ​ In August 2017, the Company, the Former Advisor, and the Operating Partnership entered into a Sales Agreement (the “2017 ATM Program”) with a number of financial institutions, pursuant to which the Company could offer and sell, from time to time, up to $50 million of its common stock, inclusive of any amounts sold under its prior sales agreement. During the year ended December 31, 2019, the Company issued 2,632 shares of its common stock at an average offering price of $11.24 per share pursuant to the 2017 ATM Program, generating net proceeds of $29,073. ​ OP Units During year ended December 31, 2020, four OP Unit holders redeemed an aggregate of 1,379 OP Units for shares of the Company’s common stock with an aggregate redemption value of $17,882. 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 and 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 December 31, 2020 and December 31, 2019, there were 1,764 and 3,143 OP Units issued and outstanding, respectively, with an aggregate value of $9,999 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 Consolidated Balance Sheets as of December 31, 2020 and 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	12 Months Ended
	Dec. 31, 2020
Related Party Transactions
Related Party Transactions	Note 6 – Related Party Transactions Management Agreement On July 9, 2020, we completed the Internalization. Prior to the Internalization, the Company was subject to a management agreement dated July 1, 2016, by and between the Company and the Former Advisor (the “Management Agreement”), the material terms of which are summarized below: Base Management Fee The Company paid its Former Advisor a base management fee in an amount equal to 1.5% of its stockholders’ equity (as defined in the Management Agreement) per annum, calculated quarterly for the most recently completed fiscal quarter and payable in quarterly installments in arrears in cash. Incentive Fee The Management Agreement also provided for an incentive fee payable to the Former Advisor based on a percentage (20%) of the amount the Company’s AFFO (as defined in the Management Agreement) exceeded a specified return on equity hurdle rate (8%). As of December 31, 2020, the Company had not incurred or paid an incentive fee. Management Fees and Accrued Management Fees For the years ended December 31, 2020 (prior to the Internalization), 2019, and 2018, management fees of $4,024, $6,266, and $4,422, respectively, were incurred and expensed by the Company. As a result of the Internalization, there were no accrued management fees due to the Former Advisor as of December 31, 2020. Accrued management fees due to the Former Advisor were $1,727 as of December 31, 2019. No incentive management fee was incurred by the Company during the years ended December 31, 2020, 2019, and 2018. ​ Related Party Balances A rollforward of the due from related parties and due to related party balance, net, as of December 31, 2020 is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Due From ​ ​ ​ ​ ​ ​ ​ Related Parties ​ Due to Related Party, Net ​ ​ ​ ​ ​ Other ​ ​ Funds for ​ Management ​ Funds due ​ Due to ​ ​ Various ​ Fees due to ​ from ​ Related ​ ​ Purposes ​ Former Advisor ​ Former 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 Former Advisor ​ — 5,751 — ​ 5,751 Loans to Former Advisor ​ — — (79) ​ (79) Loan to related parties ​ 53 — — ​ — Balance as of December 31, 2020 ​ $ 103 $ — ​ — ​ $ — ​ A rollforward of the due from related parties and due to related party balance, net, as of December 31, 2019 is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Due From ​ ​ ​ ​ ​ ​ ​ Related Parties ​ Due to Related Party, Net ​ ​ ​ ​ ​ Other ​ ​ Funds for ​ Management ​ Funds due ​ Due to ​ ​ Various ​ Fees due to ​ from ​ Related ​ ​ Purposes ​ Former Advisor ​ Former Advisor ​ Party, net Balance as of January 1, 2019 ​ $ 61 $ (1,143) ​ 52 ​ $ (1,091) Management fee expense incurred ​ — (6,266) — ​ (6,266) Management fees paid to Former Advisor ​ — 5,682 — ​ 5,682 Loans to Former Advisor ​ — — 27 ​ 27 Loan repayments from related parties ​ (11) — — ​ — Balance as of December 31, 2019 ​ $ 50 $ (1,727) ​ 79 ​ $ (1,648) ​

Stock-Based Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 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 December 31, 2020, there are 521 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 During the year ended December 31, 2020, pursuant to the recommendation of the Compensation Committee of the Board (the “Compensation Committee”), the Board approved the following LTIP Unit activity: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Number of ​ ​ Date ​ Description ​ Units Issued ​ Vesting Dates ​ ​ ​ ​ ​ ​ ​ March 3, 2020 ​ Final awards under the 2017 Long-Term Incentive Plan ​ 155 ​ 50% on March 3, 2020; and ​ ​ ​ ​ ​ ​ 50% on March 3, 2021 ​ ​ ​ ​ ​ ​ ​ March 3, 2020 ​ Final awards under the 2019 Annual Incentive Plan ​ 147 ​ 50% on March 3, 2020; and ​ ​ ​ ​ ​ ​ 50% on March 3, 2021 ​ ​ ​ ​ ​ ​ ​ March 3, 2020 ​ Time-based awards under the 2020 Long-Term Incentive Plan ​ 43 ​ 33.33% on March 3, 2021; ​ ​ ​ ​ ​ ​ 33.33% on March 3, 2022; and ​ ​ ​ ​ ​ ​ 33.33% on March 3, 2023 ​ ​ ​ ​ ​ ​ ​ May 12, 2020 (1) ​ Final awards under the 2017 Long-Term Incentive Plan ​ 14 ​ 50% on May 12, 2020; and ​ ​ ​ ​ ​ ​ 50% on May 12, 2021 ​ ​ ​ ​ ​ ​ ​ July 9, 2020 ​ Retention grants issued to executives in connection with ​ 402 ​ 25% on July 9, 2021; ​ ​ the Internalization ​ ​ ​ 25% on July 9, 2022; ​ ​ ​ ​ ​ ​ 25% on July 9, 2023; and ​ ​ ​ ​ ​ ​ 25% on July 9, 2024 ​ ​ ​ ​ ​ ​ ​ July 24, 2020 ​ Retention grants issued to non-executives in connection with ​ 108 ​ 25% on July 24, 2021; ​ ​ the Internalization ​ ​ ​ 25% on July 24, 2022; ​ ​ ​ ​ ​ ​ 25% on July 24, 2023; and ​ ​ ​ ​ ​ ​ 25% on July 24, 2024 ​ ​ ​ ​ ​ ​ ​ August 23, 2020 (1) ​ Final awards under the 2017 Long-Term Incentive Plan ​ 21 ​ 50% on August 23, 2020; and ​ ​ ​ ​ ​ ​ 50% on August 23, 2021 ​ ​ ​ ​ ​ ​ ​ September 2, 2020 ​ Annual award to directors ​ 19 ​ 100% on September 2, 2021 ​ ​ ​ ​ ​ ​ ​ (1) Each of Mr. Barber and Mr. Kiernan received awards under the 2017 Long-Term Incentive Plan on the third anniversary of his hiring date, which was May 8, 2017 and August 23, 2017, respectively. ​ A detail of the Company’s outstanding time based LTIP Units as of December 31, 2020 is as follows: ​ ​ ​ ​ Vested units 818 Unvested units 821 LTIP Units outstanding as of December 31, 2020 1,639 ​ 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 and other employees of 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 2018, 2019 and 2020 programs, and the Annual Awards and Long-Term Awards under the 2020 program as of December 31, 2020 is as follows: ​ ​ ​ ​ 2018 Long-Term Awards 110 2019 Long-Term Awards 82 2020 Annual Awards (1) 196 2020 Long-Term Awards (2) 70 Total target performance awards as of December 31, 2020 458 (1) (2) 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 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 December 31, 2020, management estimated that the Performance Goals would be met at a 135% level and, accordingly, estimated that 135% 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 year ended December 31, 2020 reflects management’s estimate that 135% 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 closing stock price of the Company and each of the peer companies in the Index on the grant dates of the Long-Term Awards. 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 $5,319 $3,336, and $2,671, for the years ended December 31, 2020, 2019, and 2018, respectively, related to the grants awarded under the Plan. Compensation expense is included within “General and Administrative” expense in the Company’s Consolidated Statements of Operations. As of December 31, 2020, total unamortized compensation expense related to these awards of approximately $7.1 million is expected to be recognized over a weighted average remaining period of 2.0

Leases

Leases	12 Months Ended
	Dec. 31, 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 $93,518 and $70,515 of rental revenue related to operating lease payments for the years ended December 31, 2020 and 2019, respectively. Of these amounts $4,924 and $5,341, respectively, relate to variable rental revenue. The aggregate annual cash to be received by the Company on the noncancelable operating leases related to its portfolio as of December 31, 2020 is as follows for the subsequent years ended December 31: ​ ​ ​ ​ ​ 2021 $ 89,910 2022 89,977 2023 ​ 87,484 2024 ​ 80,554 2025 ​ 69,384 Thereafter ​ 377,990 Total ​ $ 795,299 ​ 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 41 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 7.5%, 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 $140 and $107 of ground lease expense, of which $116 and $107 was paid in cash, during the years ended December 31, 2020 and 2019, respectively. The following table sets forth the undiscounted cash flows of our scheduled obligations for future lease payments on operating ground leases at December 31, 2020 and a reconciliation ​ ​ ​ ​ ​ 2021 $ 390 2022 409 2023 ​ 174 2024 ​ 129 2025 ​ 129 Thereafter ​ 4,498 Total ​ ​ 5,729 Discount ​ (2,772) Lease liability ​ $ 2,957 ​

Rent Concentration

Rent Concentration	12 Months Ended
	Dec. 31, 2020
Rent Concentration
Rent Concentration	Note 9 – Rent Concentration The Company’s facilities with a concentration of rental revenue of 5% or greater is as follows for the years ended December 31, below: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2020 ​ ​ 2019 ​ ​ 2018 Facility % Facility % Facility % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Encompass (1) ​ 8 % ​ Encompass (1) ​ 10 % ​ Encompass (1) ​ 11 % Belpre ​ 6 ​ Belpre ​ 8 ​ ​ OCOM ​ 9 OCOM ​ 5 ​ OCOM ​ 7 ​ ​ Belpre ​ 8 All other facilities ​ 81 ​ Austin ​ 5 ​ ​ Austin ​ 7 Total ​ 100 % Sherman ​ 5 ​ ​ Sherman ​ 6 ​ ​ ​ ​ All other facilities ​ 65 ​ ​ Dallas ​ 5 ​ ​ ​ ​ Total ​ 100 % ​ Great Bend ​ 5 ​ ​ ​ ​ ​ ​ ​ ​ ​ All other facilities ​ 49 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ 100 % (1) Four facilities and four locations.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 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	12 Months Ended
	Dec. 31, 2020
Subsequent Events
Subsequent Events	Note 11 – Subsequent Events Dividends ​ ​ ​

Selected Quarterly Financial Da

Selected Quarterly Financial Data	12 Months Ended
	Dec. 31, 2020
Selected Quarterly Financial Data
Selected Quarterly Financial Data	Note 12 – Selected Quarterly Financial Data (Unaudited) The following unaudited quarterly data has been prepared on the basis of a December 31 year-end. As a result of acquisition activity and equity offerings throughout 2020 and 2019, the quarterly periods presented are not comparable quarter over quarter. The amounts below represent the Company’s actual quarterly results. Additionally, the total for the year may differ from the sum of the quarters due to rounding. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended December 31, 2020 ​ First Quarter Second Quarter Third Quarter Fourth Quarter ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total revenue ​ $ 21,649 ​ $ 22,055 ​ $ 25,097 ​ $ 24,930 Total expenses ​ 18,832 ​ 20,383 ​ 34,677 ​ 22,338 Net income (loss) ​ 2,817 ​ 1,672 ​ (9,580) ​ 2,592 Less: Preferred stock dividends ​ (1,455) ​ (1,455) ​ (1,455) ​ (1,455) Less: Net (income) loss attributable to noncontrolling interest ​ (107) ​ (13) ​ 767 ​ (74) Net income (loss) attributable to common stockholders ​ $ 1,255 ​ $ 204 ​ $ (10,268) ​ $ 1,063 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income (loss) attributable to common stockholders per share – basic and diluted ​ $ 0.03 ​ $ 0.00 ​ $ (0.22) ​ $ 0.02 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted average shares outstanding – basic and diluted ​ 44,182 ​ 45,404 ​ 46,908 ​ 48,496 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended December 31, 2019 ​ First Quarter Second Quarter Third Quarter Fourth Quarter ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total revenue ​ $ 15,200 ​ $ 16,880 ​ $ 18,195 ​ $ 20,452 Total expenses ​ 13,157 ​ 14,418 ​ 15,887 ​ 17,677 Net income ​ 2,043 ​ 2,462 ​ 2,308 ​ 2,775 Less: Preferred stock dividends ​ (1,455) ​ (1,455) ​ (1,455) ​ (1,455) Less: Net income attributable to noncontrolling interest ​ (60) ​ (103) ​ (83) ​ (108) Net income attributable to common stockholders ​ $ 528 ​ $ 904 ​ $ 770 ​ $ 1,212 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income attributable to common stockholders per share – basic and diluted ​ $ 0.02 ​ $ 0.03 ​ $ 0.02 ​ $ 0.03 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted average shares outstanding – basic and diluted ​ 27,380 ​ 34,559 ​ 35,512 ​ 37,876 ​

SCHEDULE III-CONSOLIDATED REAL

SCHEDULE III-CONSOLIDATED REAL ESTATE AND ACCUMULATED DEPRECIATION	12 Months Ended
	Dec. 31, 2020
SCHEDULE III-CONSOLIDATED REAL ESTATE AND ACCUMULATED DEPRECIATION
SCHEDULE III-CONSOLIDATED REAL ESTATE AND ACCUMULATED DEPRECIATION	SCHEDULE III CONSOLIDATED REAL ESTATE AND ACCUMULATED DEPRECIATION (dollars and OP Units in thousands) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Initial ​ Costs ​ Gross Value ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Life on ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Which ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Depreciation ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ in Income ​ Encumb ​ Land & ​ Building ​ Land & ​ Building ​ Land & ​ Building ​ Total ​ Acc Depr at ​ Year Built ​ Year ​ Statement is Description rances Improv & Improv Improv & Improv Improv & Improv Assets 12.31.20 / Renov Acquired Computed Omaha (4) ​ $ — ​ $ 21,867 ​ $ — ​ $ — ​ $ — ​ $ 21,867 ​ $ 21,867 ​ $ 3,592 2008 2014 (1) Asheville (4) ​ 572 ​ 1,934 ​ — ​ — ​ 572 ​ 1,934 ​ 2,506 ​ 304 2002 2014 (1) Pittsburgh (5) ​ 1,287 ​ 10,322 ​ — ​ — ​ 1,287 ​ 10,322 ​ 11,609 ​ 1,360 2006 2015 (1) Memphis (6)(7 ) 2,705 ​ 17,451 ​ — ​ — ​ 2,705 ​ 17,451 ​ 20,156 ​ 2,166 (9) 2015 (1) Plano (6) ​ 1,050 ​ 16,696 ​ — ​ — ​ 1,050 ​ 16,696 ​ 17,746 ​ 2,057 2013 2016 (1) Westland (6) ​ 230 ​ 4,520 ​ — ​ — ​ 230 ​ 4,520 ​ 4,750 ​ 537 2009 2016 (1) Melbourne (6) ​ 1,200 ​ 14,250 ​ — ​ — ​ 1,200 ​ 14,250 ​ 15,450 ​ 1,693 2012 2016 (1) Reading (4) ​ 1,440 ​ 7,940 ​ — ​ — ​ 1,440 ​ 7,940 ​ 9,380 ​ 884 1992/2002 2016 (1) East Orange (4) ​ 2,150 ​ 10,112 ​ — ​ — ​ 2,150 ​ 10,112 ​ 12,262 ​ 1,076 1996 2016 (1) Watertown (4) ​ 1,100 ​ 8,002 ​ 45 ​ 98 ​ 1,145 ​ 8,100 ​ 9,245 ​ 870 2011/2015 2016 (1)(3) Sandusky (4)(7 ) 791 ​ 10,710 ​ — ​ — ​ 791 ​ 10,710 ​ 11,501 ​ 1,212 (10) 2016/2017 (1) Carson City (4) ​ 760 ​ 3,268 ​ — ​ — ​ 760 ​ 3,268 ​ 4,028 ​ 341 1991 2016 (1) Ellijay (4) ​ 914 ​ 3,337 ​ — ​ — ​ 914 ​ 3,337 ​ 4,251 ​ 525 2015 2016 (1)(2)(3) Altoona (4) ​ 1,184 ​ 18,505 ​ — ​ — ​ 1,184 ​ 18,505 ​ 19,689 ​ 2,145 2000 2016 (1)(2)(3) Mechanicsburg (4) ​ 810 ​ 21,451 ​ — ​ — ​ 810 ​ 21,451 ​ 22,261 ​ 2,427 2011 2016 (1)(2)(3) Mesa (4) ​ 3,620 ​ 16,265 ​ — ​ — ​ 3,620 ​ 16,265 ​ 19,885 ​ 2,140 2011 2016 (1)(2)(3) Lewisburg (4) ​ 681 ​ 6,114 ​ — ​ — ​ 681 ​ 6,114 ​ 6,795 ​ 947 2006 2017 (1)(2)(3) Cape Coral (4) ​ 353 ​ 7,017 ​ — ​ — ​ 353 ​ 7,017 ​ 7,370 ​ 556 2007 2017 (1) Las Cruces (4) ​ 397 ​ 4,618 ​ 40 ​ 32 ​ 437 ​ 4,650 ​ 5,087 ​ 520 2012 2017 (1) Prescott (4) ​ 791 ​ 3,821 ​ — ​ — ​ 791 ​ 3,821 ​ 4,612 ​ 297 2016 2017 (1) Clermont (4) ​ 145 ​ 4,422 ​ — ​ — ​ 145 ​ 4,422 ​ 4,567 ​ 408 2014 2017 (1)(2)(3) Oklahoma City (4) ​ 2,953 ​ 38,724 ​ — ​ — ​ 2,953 ​ 38,724 ​ 41,677 ​ 4,196 2002/2007 2017 (1)(2)(3) Brockport (4) ​ 693 ​ 7,097 ​ — ​ — ​ 693 ​ 7,097 ​ 7,790 ​ 844 2011 2017 (1)(2)(3) Flower Mound (4) ​ 730 ​ 3,155 ​ — ​ — ​ 730 ​ 3,155 ​ 3,885 ​ 376 2014 2017 (1)(2)(3) Sherman (4) ​ 1,601 ​ 25,011 ​ — ​ 2,447 ​ 1,601 ​ 27,458 ​ 29,059 ​ 2,389 2009 2017 (1)(2) Lubbock (4) ​ 1,566 ​ 5,725 ​ — ​ — ​ 1,566 ​ 5,725 ​ 7,291 ​ 767 2004 2017 (1)(2)(3) Germantown (4) ​ 3,050 ​ 8,385 ​ — ​ — ​ 3,050 ​ 8,385 ​ 11,435 ​ 1,157 2002 2017 (1)(2)(3) Austin (4) ​ 7,223 ​ 29,616 ​ — ​ — ​ 7,223 ​ 29,616 ​ 36,839 ​ 2,505 2012 2017 (1)(2)(3) Fort Worth (4) ​ 1,738 ​ 3,726 ​ — ​ — ​ 1,738 ​ 3,726 ​ 5,464 ​ 410 2016 2017 (1)(2)(3) Albertville (4) ​ 1,154 ​ 4,444 ​ — ​ — ​ 1,154 ​ 4,444 ​ 5,598 ​ 725 2007 2017 (1)(2)(3) Moline (4) ​ 854 ​ 9,237 ​ — ​ — ​ 854 ​ 9,237 ​ 10,091 ​ 988 2004 2017 (1)(2)(3) Lee’s Summit (4) ​ 571 ​ 2,929 ​ — ​ — ​ 571 ​ 2,929 ​ 3,500 ​ 467 2007 2017 (1)(2)(3) Amarillo (4) ​ 1,437 ​ 7,254 ​ — ​ — ​ 1,437 ​ 7,254 ​ 8,691 ​ 495 2011 2017 (1) Wyomissing (4) ​ 487 ​ 5,250 ​ — ​ — ​ 487 ​ 5,250 ​ 5,737 ​ 350 2004 2017 (1) Saint George (4) ​ 435 ​ 5,372 ​ — ​ 76 ​ 435 ​ 5,448 ​ 5,883 ​ 403 1997 2017 (1) Silvis (7) ​ 249 ​ 5,862 ​ — ​ 561 ​ 249 ​ 6,423 ​ 6,672 ​ 790 1997/2006 2018 (1)(2)(3) Fremont (4) ​ 162 ​ 8,335 ​ — ​ — ​ 162 ​ 8,335 ​ 8,497 ​ 575 2018 2018 (1) Gainesville (4) ​ 625 ​ 9,885 ​ — ​ 554 ​ 625 ​ 10,439 ​ 11,064 ​ 724 2002 2018 (1) East Dallas (4) ​ 6,272 ​ 17,012 ​ — ​ — ​ 6,272 ​ 17,012 ​ 23,284 ​ 1,606 1994 2018 (1) Orlando (4) ​ 3,075 ​ 11,944 ​ — ​ — ​ 3,075 ​ 11,944 ​ 15,019 ​ 1,059 2007/2008/ 2009 2018 (1)(2)(3) Belpre (4) ​ 3,997 ​ 53,520 ​ — ​ — ​ 3,997 ​ 53,520 ​ 57,517 ​ 3,956 2011/ 2013/ 2014/ 2017 2018 (1)(2)(3) McAllen (4) ​ 1,099 ​ 4,296 ​ — ​ — ​ 1,099 ​ 4,296 ​ 5,395 ​ 357 2000 2018 (1) Derby (4) ​ 567 ​ 2,585 ​ — ​ 55 ​ 567 ​ 2,640 ​ 3,207 ​ 265 2005 2018 (1)(2)(3) Bountiful (4) ​ 720 ​ 4,185 ​ — ​ 25 ​ 720 ​ 4,210 ​ 4,930 ​ 246 2004 2018 (1)(2) Cincinnat (4) ​ 1,823 ​ 1,811 ​ — ​ — ​ 1,823 ​ 1,811 ​ 3,634 ​ 284 2016 2018 (1)(2)(3) Melbourne Pine (4) ​ 732 ​ 5,980 ​ — ​ 685 ​ 732 ​ 6,665 ​ 7,397 ​ 404 1993 2018 (1)(2)(3) Southern IL (4) ​ 1,830 ​ 12,660 ​ — ​ — ​ 1,830 ​ 12,660 ​ 14,490 ​ 769 (11) 2018 (1) Vernon (4) ​ 1,166 ​ 9,929 ​ — ​ — ​ 1,166 ​ 9,929 ​ 11,095 ​ 684 1993/1999 2018 (1) Corona (4) ​ 1,601 ​ 14,689 ​ — ​ — ​ 1,601 ​ 14,689 ​ 16,290 ​ 736 2009 2018 (1) Zachary (4) ​ 103 ​ 3,745 ​ — ​ — ​ 103 ​ 3,745 ​ 3,848 ​ 210 2015 2019 (1)(2)(3) Chandler (4) ​ 4,616 ​ 11,643 ​ — ​ 31 ​ 4,616 ​ 11,674 ​ 16,290 ​ 626 2004/2007/ 2015 2019 (1) GMR Surprise (4) ​ 1,966 ​ 22,856 ​ 3 ​ — ​ 1,969 ​ 22,856 ​ 24,825 ​ 1,346 2015 2019 (1)(2)(3) South Bend (4) ​ 1,998 ​ 11,882 ​ — ​ — ​ 1,998 ​ 11,882 ​ 13,880 ​ 1,060 2009 2019 (1)(2)(3) Las Vegas (4) ​ 2,723 ​ 17,482 ​ — ​ — ​ 2,723 ​ 17,482 ​ 20,205 ​ 1,378 2007 2019 (1)(2)(3) Oklahoma Northwest (4) ​ 2,507 ​ 22,545 ​ — ​ — ​ 2,507 ​ 22,545 ​ 25,052 ​ 1,389 2012 2019 (1)(2)(3) San Marcos (4) ​ 2,448 ​ 7,338 ​ — ​ — ​ 2,448 ​ 7,338 ​ 9,786 ​ 358 2009 2019 (1)(2)(3) Lansing Patient (4) ​ 1,387 ​ 8,348 ​ 202 ​ 99 ​ 1,589 ​ 8,447 ​ 10,036 ​ 536 1997/2000/2002 2019 (1)(2)(3) Bannockburn (4) ​ 895 ​ 4,700 ​ 84 ​ 268 ​ 979 ​ 4,968 ​ 5,947 ​ 530 1999 2019 (1)(2)(3) Aurora (4) ​ 1,829 ​ 8,049 ​ — ​ — ​ 1,829 ​ 8,049 ​ 9,878 ​ 460 2015 2019 (1)(2)(3) Livonia (4) ​ 1,181 ​ 8,071 ​ — ​ 275 ​ 1,181 ​ 8,346 ​ 9,527 ​ 683 1995 2019 (1)(2)(3) Gilbert (4) ​ 2,470 ​ 2,389 ​ — ​ — ​ 2,470 ​ 2,389 ​ 4,859 ​ 142 2006 2019 (1)(2)(3) Morgantown (4) ​ 1,256 ​ 5,792 ​ — ​ — ​ 1,256 ​ 5,792 ​ 7,048 ​ 261 2019 2019 (1)(2)(3) Beaumont (4) ​ 3,421 ​ 25,872 ​ — ​ — ​ 3,421 ​ 25,872 ​ 29,293 ​ 902 2013 2019 (1)(2)(3) Bastrop -Freestanding ED (4) ​ 2,039 ​ 8,712 ​ — ​ — ​ 2,039 ​ 8,712 ​ 10,751 ​ 330 2012 2019 (1)(2)(3) Panama City (4) ​ 1,779 ​ 9,718 ​ — ​ — ​ 1,779 ​ 9,718 ​ 11,497 ​ 424 2008/2009/ 2019 2019 (1)(2)(3) Jacksonville (4) ​ 1,023 ​ 7,846 ​ — ​ — ​ 1,023 ​ 7,846 ​ 8,869 ​ 231 2003/2004 2019 (1) Greenwood (4) ​ 892 ​ 4,956 ​ — ​ — ​ 892 ​ 4,956 ​ 5,848 ​ 199 1986 2019 (1) Clinton (4) ​ ​ 1,006 ​ ​ 8,129 ​ ​ — ​ ​ — ​ ​ 1,006 ​ ​ 8,129 ​ ​ 9,135 ​ ​ 631 ​ 1964 ​ 2020 ​ (1)(2)(3) High Point (4) ​ ​ 2,189 ​ ​ 21,236 ​ ​ — ​ ​ — ​ ​ 2,189 ​ ​ 21,236 ​ ​ 23,425 ​ ​ 709 ​ 2007 ​ 2020 ​ (1)(2)(3) West Allis (4) ​ ​ 1,111 ​ ​ 7,785 ​ ​ — ​ ​ — ​ ​ 1,111 ​ ​ 7,785 ​ ​ 8,896 ​ ​ 198 ​ 1999 ​ 2020 ​ (1)(2)(3) Grand Rapids (4) ​ ​ 3,421 ​ ​ 17,810 ​ ​ — ​ ​ 27 ​ ​ 3,421 ​ ​ 17,837 ​ ​ 21,258 ​ ​ 570 ​ 1988/ 1992/ 2000/ 2006 ​ 2020 ​ (1)(2)(3) Dumfries (13) ​ ​ 2,886 ​ ​ 14,863 ​ ​ — ​ ​ — ​ ​ 2,886 ​ ​ 14,863 ​ ​ 17,749 ​ ​ 941 ​ 2019 ​ 2020 ​ (1)(2)(3) Centerville (4) ​ ​ 160 ​ ​ 4,410 ​ ​ — ​ ​ — ​ ​ 160 ​ ​ 4,410 ​ ​ 4,570 ​ ​ 54 ​ 2018 ​ 2020 ​ (1)(2)(3) Fairfax (7) ​ ​ 7,112 ​ ​ 9,621 ​ ​ — ​ ​ 431 ​ ​ 7,112 ​ ​ 10,052 ​ ​ 17,164 ​ ​ 246 ​ 2019 ​ 2020 ​ (1)(2)(3) Rosedale (14) ​ ​ 3,423 ​ ​ 17,646 ​ ​ — ​ ​ — ​ ​ 3,423 ​ ​ 17,646 ​ ​ 21,069 ​ ​ 280 ​ 2014/2017 ​ 2020 ​ (1)(2)(3) Lancaster (4) ​ ​ 805 ​ ​ 4,385 ​ ​ — ​ ​ — ​ ​ 805 ​ ​ 4,385 ​ ​ 5,190 ​ ​ 36 ​ 2009 ​ 2020 ​ (1)(2)(3) Winston Salem (4) ​ ​ 1,778 ​ ​ 6,714 ​ ​ — ​ ​ — ​ ​ 1,778 ​ ​ 6,714 ​ ​ 8,492 ​ ​ 69 ​ 2009 ​ 2020 ​ (1)(2)(3) Decatur (4) ​ ​ 1,626 ​ ​ 2,706 ​ ​ — ​ ​ — ​ ​ 1,626 ​ ​ 2,706 ​ ​ 4,332 ​ ​ 20 ​ 2010 ​ 2020 ​ (1)(2)(3) Jackson (4) ​ ​ 895 ​ ​ 4,730 ​ ​ — ​ ​ — ​ ​ 895 ​ ​ 4,730 ​ ​ 5,625 ​ ​ 26 ​ 2009 ​ 2020 ​ (1)(2)(3) Sheboygan (4) ​ ​ 583 ​ ​ 6,223 ​ ​ — ​ ​ — ​ ​ 583 ​ ​ 6,223 ​ ​ 6,806 ​ ​ 34 ​ 2005 ​ 2020 ​ (1)(2)(3) Plymouth (4) ​ ​ 758 ​ ​ 5,214 ​ ​ — ​ ​ — ​ ​ 758 ​ ​ 5,214 ​ ​ 5,972 ​ ​ 26 ​ 2010 ​ 2020 ​ (1)(2)(3) Spring Hill (4) ​ ​ 3,893 ​ ​ 12,954 ​ ​ — ​ ​ — ​ ​ 3,893 ​ ​ 12,954 ​ ​ 16,847 ​ ​ 41 ​ 2002/ 2013/ 2017/ 2019 ​ 2020 ​ (1)(2)(3) Cape Girardeau (4) ​ ​ 1,223 ​ ​ 4,865 ​ ​ — ​ ​ — ​ ​ 1,223 ​ ​ 4,865 ​ ​ 6,088 ​ ​ 15 ​ 2002 ​ 2020 ​ (1)(2)(3) Yuma (4) ​ ​ 1,349 ​ ​ 4,989 ​ ​ — ​ ​ — ​ ​ 1,349 ​ ​ 4,989 ​ ​ 6,338 ​ ​ 18 ​ 2013 ​ 2020 ​ (1)(2)(3) Las Vegas- (4) ​ ​ 311 ​ ​ 6,813 ​ ​ — ​ ​ — ​ ​ 311 ​ ​ 6,813 ​ ​ 7,124 ​ ​ — ​ 2007/2015 ​ 2020 ​ (1) Pensacola (8) ​ ​ 2,118 ​ ​ 6,153 ​ ​ — ​ ​ — ​ ​ 2,118 ​ ​ 6,153 ​ ​ 8,271 ​ ​ — ​ 1985/1997 ​ 2020 ​ (1)(2)(3) Venice (8) ​ ​ 1,896 ​ ​ 4,537 ​ ​ — ​ ​ — ​ ​ 1,896 ​ ​ 4,537 ​ ​ 6,433 ​ ​ — ​ 2008 ​ 2020 ​ (1)(2)(3) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Totals ​ $ 143,666 ​ $ 894,967 ​ $ 374 ​ $ 5,664 ​ $ 144,040 ​ $ 900,631 ​ $ 1,044,671 ​ $ 69,563 ​ The cost basis for income tax purposes of aggregate gross land, building, site improvements, and tenant improvements as of December 31, 2020 was $1,122 million. ​ (1) Estimated remaining useful life for buildings is 19 (2) Estimated remaining useful life for tenant improvements is 1 (3) Estimated remaining useful life for site improvements is 1 (4) The facility serves as collateral for the Credit Facility, which had a balance of (5) The facility serves as collateral for the West Mifflin note, which had a balance of (6) The facility serves as collateral for the Cantor Loan, which had a balance of (7) One facility did not serve as collateral as of December 31, 2020. (8) Became collateral under the Credit Facility during the first quarter of 2021. (9) Years of: 2001, 1984, 2003, 2006, 2009, 2011. (10) Years of: 1953, 1982, 2000, 1998, 2017. (11) Years of: 2002, 2006, 2012, 2014, 2015, 2016. (12) During the year ended December 31, 2019, the Company issued (13) The facility serves as collateral for the Dumfries note, which had a balance of (14) The facility serves as collateral for the Rosedale note, which had a balance of ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended December 31, ​ 2020 2019 2018 Real Estate Assets: ​ ​ ​ Balance, beginning of period ​ $ 832,735 ​ $ 604,398 ​ $ 439,857 Additions through acquisitions ​ 211,936 ​ 228,337 ​ 189,178 Deductions ​ — ​ — ​ (24,637) Balance, end of period ​ $ 1,044,671 ​ $ 832,735 ​ $ 604,398 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Accumulated Depreciation: ​ ​ ​ ​ Balance, beginning of period ​ $ 42,828 ​ $ 23,762 ​ $ 11,253 Additions through expense ​ 26,735 ​ 19,066 ​ 13,644 Deductions ​ — ​ — ​ (1,135) Balance, end of period ​ $ 69,563 ​ $ 42,828 ​ $ 23,762

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2020
Summary of Significant Accounting Policies
Principles of Consolidation	Principles of Consolidation The accompanying consolidated financial statements include the accounts of the Company 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 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 or voting percentage in the Operating Partnership associated with such noncontrolling interests and is removed from consolidated income or loss on the 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. Any future issuances of additional LTIP Units or OP Units would change the noncontrolling ownership interest.
Use of Estimates	Use of Estimates The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires the Company to make estimates and assumptions that affect the amounts reported in the 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 continue to be capitalized for asset acquisitions and expensed as incurred for business combinations. ASC Topic 805 resulted in all of our post-January 1, 2018 property acquisitions being accounted for as asset acquisitions because substantially all of the fair value of the gross assets the Company acquires are 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 pre-acquisition due diligence, and we routinely utilize the assistance of a third-party appraiser. Valuation of tangible assets: The fair value of land is determined using the sales comparison approach whereby recent comparable land sales and listings are gathered and summarized. The available market data is analyzed and compared to the land being valued and adjustments are made for dissimilar characteristics such as market conditions, size, and location. The Company estimates the fair value of buildings acquired on an as-if-vacant basis and depreciates the building value over its estimated remaining life. Fair value is primarily based on estimated cash flow projections that utilize discount and/or capitalization rates as well as available market information. The Company determines the fair value of site improvements (non-building improvements that include paving and other) using the cost approach, with a deduction for depreciation, and depreciates the site improvements over their estimated remaining useful lives. Tenant improvements represent fixed improvements to tenant spaces, the fair value of which is estimated using prevailing market tenant improvement allowances. Tenant improvements are amortized over the remaining term of the lease. Valuation of intangible assets: In determining the fair value of in-place leases (the avoided cost associated with existing in-place leases) management considers current market conditions and costs to execute similar leases in arriving at an estimate of the carrying costs during the expected lease-up period from vacant to existing occupancy. In estimating carrying costs, management includes reimbursable (based on market lease terms) real estate taxes, insurance, other operating expenses, as well as estimates of lost market rental revenue during the expected lease-up periods. The values assigned to in-place leases are amortized over the remaining term of the lease. The fair value of above-or-below market leases is estimated based on the present value (using an interest rate which reflected the risks associated with the leases acquired) of the difference between contractual amounts to be received pursuant to the leases and management’s estimate of market lease rates measured over a period equal to the estimated remaining term of the lease. An above market lease is classified as an intangible asset and a below market lease is classified as an intangible liability. The capitalized above-market or below-market lease intangibles are amortized as a reduction of, or an addition to, rental income over the estimated remaining term of the respective leases. Intangible assets related to leasing costs consist of leasing commissions and legal fees. Leasing commissions are estimated by multiplying the remaining contract rent associated with each lease by a market leasing commission. Legal fees represent legal costs associated with writing, reviewing, and sometimes negotiating various lease terms. Leasing costs are amortized over the remaining useful life of the respective leases.
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 Consolidated Statements of Operations.
Assets Held for Sale	Assets Held for Sale The Company may sell properties from time to time for various reasons, including favorable market conditions. Assets, primarily consisting of real estate, are classified as held for sale when all the necessary criteria are met. The criteria include (i) management, having the authority to approve action, commits to a plan to sell the property in its present condition, (ii) the sale of the property is at a price reasonable in relation to its current fair value and (iii) the sale is probable and expected to be completed within one year. Real estate held for sale is carried at the lower of carrying amounts or estimated fair value less disposal costs. Depreciation and amortization are not recognized on real estate classified as held for sale.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets The Company evaluates its real estate assets for impairment at each reporting date or whenever events or circumstances indicate that its carrying amount may not be recoverable. If an impairment indicator exists, the Company compares the expected future undiscounted cash flows against the carrying amount of the asset. If the sum of the estimated undiscounted cash flows is less than the carrying amount of the asset, the Company would record an impairment loss for the difference between the estimated fair value and the carrying amount of the asset.
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 an original 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 that were received from certain tenants that the Company collected to pay specific tenant expenses, such as real estate taxes and insurance, on the tenant’s behalf ("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 Consolidated Statements of Cash Flows: ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ 2020 2019 Cash and cash equivalents $ 5,507 $ 2,765 Restricted cash ​ ​ 5,246 ​ ​ 4,420 Total cash and cash equivalents and restricted cash $ 10,753 $ 7,185
Tenant Receivables, Net	Tenant Receivables, Net The tenant receivable balance as of December 31, 2020 and 2019 was $5,596 and $4,957, respectively. The balance as of December 31, 2020 consisted of $1,817 in funds owed from the Company’s tenants for rent that the Company had earned but had not yet received, $1,200 of loans that were made to two of the Company’s tenants, and $2,579 of tenant reimbursements. 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 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, as of December 31, 2020, a portfolio level reserve of $450 was established on those leases that were probable of collection to ensure that the tenant lease receivables were not overstated.
Escrow Deposits	Escrow Deposits The escrow balance as of December 31, 2020 and 2019 was $4,817 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, as hereinafter defined.
Deferred Assets	Deferred Assets The deferred assets balance as of December 31, 2020 and 2019 was $20,272 and $14,512, respectively. The balance as of December 31, 2020 consisted of $20,192 in deferred rent receivables resulting from the recognition of revenue from leases with fixed annual rental escalations on a straight-line basis and $80 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 December 31, 2020 and 2019 was $5,019 and $3,593, respectively. The balance as of December 31, 2020 consisted of $3,598 for right of use assets (refer to Note 8 – “Leases” for additional details), $484 in capitalized preacquisition costs, $588 in prepaid assets, and $349 for net capitalized software costs and miscellaneous assets. 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 December 31, 2020 and 2019 was $4,340 and $6,351, respectively. The balance as of December 31, 2020 consisted of security deposits. 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.
Derivative Instruments - Interest Rate Swaps	Derivative Instruments - Interest Rate Swaps As of December 31, 2020 and 2019, the Company's net liability balance related to interest rate swap derivative instruments that were designated as cash flow hedges of interest rate risk was $18,086 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 four 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.
Net Income (Loss) Attributable to Common Stockholders Per Share	Net (Loss) Income Attributable to Common Stockholders Per Share The Company uses the treasury stock method to compute diluted net income or loss attributable to common stockholders per share. Basic net income or loss per share of common stock is computed by dividing net income or loss attributable to common stockholders by the weighted average number of shares of common stock outstanding for the period. Diluted net income or loss per share of common stock is computed by dividing net income or loss attributable to common stockholders by the sum of the weighted average number of shares of common stock outstanding plus any potential dilutive shares for the period. OP Units and LTIP Units are not reflected in the diluted per share calculation because the exchange of OP Units and LTIP Units into common stock is on a one-for-one basis, and both are allocated net income on a per share basis equal to the common stock. Accordingly, any exchange would not have any effect on diluted net income (loss) available to common stockholders per share. The Company considered the requirements of the two-class method when computing earnings per share and determined that there would be no difference in its reported results if that method was utilized.
Debt Issuance Costs	Debt Issuance Costs Debt issuance costs include amounts paid to lenders and other third parties to obtain both fixed term and revolving debt and are amortized to interest expense on a straight-line basis over the term of the related debt. Refer to Note 4 – “Credit Facility, Notes Payable and Derivative Instruments” for additional details.
Related Party Disclosures	Related Party Disclosures The Company enters into transactions with affiliated entities, or “related parties,” which are recorded as receivables or payables in the accompanying Consolidated Balance Sheets. Related party disclosures are governed by ASC Topic 850, “Related Party Disclosures.” Refer to Note 6 – “Related Party Transactions” for additional information regarding the Company’s related party transactions.
Stock-Based Compensation	Stock-Based Compensation The Company grants LTIP Unit awards, including awards that vest over time and awards that vest based on achievement of specified performance criteria, to its employees and its independent directors. The Company accounts for all these awards under ASC Topic 718, "Compensation-Stock Compensation," ("ASC Topic 718") after the 2018 adoption of ASU 2018-07, "Improvements to Nonemployee Share-Based Payment Accounting" ("ASU 2018-07"), which simplified several aspects of the accounting for non-employee transactions by stipulating that the existing accounting guidance for share-based payments to employees, accounted for under ASC Topic 718 will also apply to non-employee share-based transactions, previously accounted for under ASC Topic 505, “Equity.” ("ASC Topic 505"). Refer to Note 7 – “Stock Based Compensation” for additional details.
Depreciation Expense	Depreciation Expense Real estate and related assets are stated net of accumulated depreciation. Renovations, replacements and other expenditures that improve or extend the life of assets are capitalized and depreciated over their estimated useful lives. Expenditures for ordinary maintenance and repairs are charged to expense as incurred. Depreciation is computed using the straight-line method over the estimated useful life of the buildings, which are generally between 23 one three
Management Internalization Expense	Management Internalization Expense ​ As described in Note 1 – “Organization,” the Internalization transaction closed on July 9, 2020. The total amount of consideration for the Internalization, after a working capital adjustment, was $17,746. In accordance with ASC Topic 805, the portion of the consideration paid for the Internalization that was attributed to the settlement of a preexisting contractual relationship (the Management Agreement) of $12,094 was recognized as “Management Internalization Expense” in the accompanying Consolidated Statements of Operations for the year ended December 31, 2020 and the $5,903 of excess consideration paid over the fair value of underlying identifiable net liabilities of the business acquired of $251 was recorded as “Goodwill” in the accompanying Consolidated Balance Sheets. The Company also incurred $1,911 of expense related to the Internalization for the year ended December 31, 2020, which is also included in the “Management Internalization Expense” line item. The Company’s Consolidated Statement of Operations for the year ended December 31, 2020, includes no revenue and $3,458 of net loss related to the operations of the business acquired subsequent to its acquisition. The table below presents the unaudited revenue and net income attributable to common stockholders on a pro forma basis as if the transaction occurred on January 1, 2018. Pro forma net income attributable to common stockholders for the year ended December 31, 2020, excludes non-recurring expenses incurred related to the settlement of the preexisting contractual agreement of $12,094. The pro forma results are not necessarily indicative of the results that would have occurred if the business combination had occurred on the first day of the periods presented, nor does the pro forma information purport to represent the results of operations for future periods. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, ​ 2020 ​ 2019 ​ 2018 ​ ​ (unaudited, in thousands) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pro forma total revenue ​ $ 93,730 ​ $ 70,726 ​ $ 53,192 Pro forma net income attributable to common stockholders ​ $ 5,524 ​ $ 4,500 ​ $ 5,952 ​ Goodwill ​ Goodwill represents the excess of consideration paid over the fair value of underlying identifiable net assets of businesses acquired. During the year ended December 31, 2020, the Company recorded $5,903 of Goodwill related to the Internalization. Goodwill has an indefinite life and is not amortized, but is tested for impairment on an annual basis, or more frequently if events or changes in circumstances indicate that the asset might be impaired. The Company’s policy is to perform its annual goodwill impairment evaluation as of the first day of the fourth quarter of its fiscal year. The Company has one reporting unit. ​ Goodwill is evaluated for impairment either under a qualitative assessment option or a quantitative approach depending on the facts and circumstances of the reporting unit, consideration of the excess of the reporting unit's fair value over its carrying amount in previous assessments and changes in business environment. When performing a qualitative assessment, the Company considers factors including, but not limited to, current macroeconomic conditions, industry and market conditions, cost factors, financial performance and other events relevant to the entity or the reporting unit to determine whether it is more likely than not that the fair value of the reporting unit is less than its carrying amount. If the Company determines that it is more likely than not that the reporting unit's fair value is less than its carrying amount, a quantitative goodwill impairment test is performed. When performing a quantitative goodwill impairment test, the reporting unit carrying value is compared to its fair value. Goodwill is deemed impaired if, and the impairment loss is recognized for the amount by which, the reporting unit carrying value exceeds its fair value. Estimating the fair value of a reporting unit requires the exercise of significant judgment and assumptions including judgments about expected future cash flows, weighted-average cost of capital, discount rates and expected long-term growth rates. A significant change to these estimates and assumptions could cause the estimated fair values of our reporting unit to decline and increase the risk of an impairment charge to earnings. We performed a qualitative analysis during the fourth quarter of the fiscal year and determined that it was more likely than not that the fair value of the reporting unit was in excess of the reporting units carrying value, and as a result, a quantitative step one analysis was not necessary. The following table summarizes the consideration paid, the fair value of the assets and liabilities assumed, and the resulting Goodwill balance: ​ ​ ​ ​ Total consideration paid ​ $ 17,746 ​ ​ ​ Internalization expense - settlement of a preexisting contractual relationship ​ 12,094 ​ ​ ​ Recognized amounts of identifiable assets acquired and liabilities assumed: ​ ​ Cash ​ 559 Software intangible ​ 263 Fixed assets ​ 87 Prepaids and other assets ​ 101 Accrued wages and expenses ​ (883) Income tax liability ​ (378) Total identifiable net liabilities ​ (251) Goodwill ​ $ 5,903 ​ The amount attributable to the settlement of a preexisting contractual relationship was based on the fair value of the Management Agreement. The fair value was determined using the multi-period excess earnings method (“MPEEM”), a form of the income approach. The MPEEM is based on the principle that the value of an intangible asset is equal to the present value of the incremental after-tax cash flows attributable only to that asset. To quantify the cash flows attributable solely to the subject intangible asset, contributory asset charges are typically applied to account for the use of and/or required return on these assets. In applying the MPEEM, the earnings expected to be generated by the Management Agreement were forecasted over the estimated duration of the intangible asset. The earnings were then adjusted by taxes and the required return for the use of the contributory assets. The after-tax excess cash flows were then present valued, using discount rates and available market information, to estimate the fair value of the Management Agreement as of July 9, 2020. The Company utilized the assistance of a third-party specialist in the determination of the fair value of the Management Agreement. ​ Cash paid for the acquisition of the Former Advisor, after consideration of the settlement of preexisting contractual relationship of $12,094 and net of cash acquired of $559 was $5,093 and is included as an “Investing” activity in the Company’s Consolidated Statement of Cash Flows for year ended December 31, 2020.
Goodwill	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, ​ 2020 ​ 2019 ​ 2018 ​ ​ (unaudited, in thousands) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pro forma total revenue ​ $ 93,730 ​ $ 70,726 ​ $ 53,192 Pro forma net income attributable to common stockholders ​ $ 5,524 ​ $ 4,500 ​ $ 5,952
Income Taxes	Income Taxes The Company elected to be taxed as a REIT for U.S. federal income tax purposes commencing with its taxable year ended December 31, 2016. REITs are generally not subject to U.S. federal income taxes if the Company can meet many specific requirements. If the Company fails to qualify as a REIT in any taxable year, the Company will be subject to U.S. federal and state income tax (including for 2017 and prior taxable years only, any applicable alternative minimum tax) on its taxable income at regular corporate tax rates, and the Company could not re-elect REIT status until the fifth calendar year after the year in which the failure occurred. Even if the Company continues to qualify as a REIT, it may be subject to certain state or local income taxes, and if the Company creates a TRS, the TRS will be subject to U.S. federal, state and local taxes on its income at regular corporate rates. The Company recognizes the tax effects of uncertain tax positions only if the position is more likely than not to be sustained upon audit, based on the technical merits of the position. The Company has not identified any material uncertain tax positions and recognizes interest and penalties in income tax expense, if applicable. The Company is currently not under examination by any income tax jurisdiction.
Fair Value of Financial Instruments	Fair Value of Financial Instruments Fair value is a market-based measurement and should be determined based on the assumptions that market participants would use in pricing an asset or liability. In accordance with ASC Topic 820, the valuation hierarchy is based upon the transparency of inputs to the valuation of an asset or liability as of the measurement date. A financial instrument’s categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The three levels are defined as follows: ● Level 1 - Inputs to the valuation methodology are quoted prices for identical assets or liabilities in active markets; ● Level 2 - Inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument; and ● Level 3 - Inputs to the valuation methodology are unobservable and significant to the fair value measurement. The Company considers the carrying values of cash and cash equivalents, escrow deposits, accounts and other receivables, and accounts payable and accrued expenses to approximate the fair value for these financial instruments because of the short period of time since origination or the short period of time between origination of the instruments and their expected realization. Due to the short-term nature of these instruments, Level 1 and Level 2 inputs are utilized to estimate the fair value of these financial instruments. The Company considers the carrying value of its debt to approximate fair value. The fair values determined related to the Company’s interest rate swap transactions utilize Level 2 inputs, since there is heavy reliance on a variety of inputs including contractual terms, interest rate curves, yield curves, measure of volatility, and correlations of such inputs. The fair values determined related to the Company’s acquisitions of real estate where the identification and recording of intangible assets and liabilities is required primarily utilize Level 2 inputs since there is heavy reliance on market observable data such as rent comparables, sales comparables, and broker indications. Although some Level 3 inputs are utilized, they are minor in comparison to the Level 2 date used for the primary assumptions as it relates to acquisitions of real estate.
Segment Reporting	Segment Reporting ASC Topic 280, “Segment Reporting,” establishes standards for reporting financial and descriptive information about a public entity’s reportable segments. The Company has determined that it has one reportable segment, with activities related to investing in medical properties. The Company evaluates the operating performance of its investments on an individual asset level basis.
Recent Accounting Pronouncements	Recent Accounting Pronouncements Lease Modifications 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 consolidated financial statements as of and for the year ended December 31, 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 year ended December 31, 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 year ended December 31, 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. ​ ​ ​ Goodwill Impairment In January 2017, the FASB issued ASU 2017-04, “Intangibles – Goodwill and Other (Topic350): Simplifying the Test for Goodwill Impairment” (“ASU 2017-04”), to simplify and reduce the cost and complexity of the goodwill impairment test. The new guidance eliminates “Step 2” from the traditional two-step goodwill impairment test and redefines the concept of impairment from a measure of loss when comparing the implied fair value of goodwill to its carrying amount, to a measure comparing the fair value of a reporting unit with its carrying amount. The FASB also eliminated the requirements for any reporting unit with a zero or negative carrying amount to perform a qualitative assessment or “Step 2” of the goodwill impairment test. The new guidance does not amend the optional qualitative assessment of goodwill impairment. The Company adopted ASU 2017-04 as of January 1, 2020. There was no material impact to the Company’s Financial Statements or disclosures as a result of adopting ASU 2017-04.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2020
Summary of Significant Accounting Policies
Schedule of cash and cash equivalents and restricted cash	​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, ​ 2020 2019 Cash and cash equivalents $ 5,507 $ 2,765 Restricted cash ​ ​ 5,246 ​ ​ 4,420 Total cash and cash equivalents and restricted cash $ 10,753 $ 7,185
Summary of unaudited pro forma information	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, ​ 2020 ​ 2019 ​ 2018 ​ ​ (unaudited, in thousands) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pro forma total revenue ​ $ 93,730 ​ $ 70,726 ​ $ 53,192 Pro forma net income attributable to common stockholders ​ $ 5,524 ​ $ 4,500 ​ $ 5,952 ​
Schedule of tangible and intangible assets	We performed a qualitative analysis during the fourth quarter of the fiscal year and determined that it was more likely than not that the fair value of the reporting unit was in excess of the reporting units carrying value, and as a result, a quantitative step one analysis was not necessary. The following table summarizes the consideration paid, the fair value of the assets and liabilities assumed, and the resulting Goodwill balance: ​ ​ ​ ​ Total consideration paid ​ $ 17,746 ​ ​ ​ Internalization expense - settlement of a preexisting contractual relationship ​ 12,094 ​ ​ ​ Recognized amounts of identifiable assets acquired and liabilities assumed: ​ ​ Cash ​ 559 Software intangible ​ 263 Fixed assets ​ 87 Prepaids and other assets ​ 101 Accrued wages and expenses ​ (883) Income tax liability ​ (378) Total identifiable net liabilities ​ (251) Goodwill ​ $ 5,903

Property Portfolio (Tables)

Property Portfolio (Tables)	12 Months Ended
	Dec. 31, 2020
Schedule of Properties Acquired	A rollforward of the gross investment in land, building, improvements, and acquired lease intangible assets as of December 31, 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 ​ 2,951 ​ 17,341 ​ 470 ​ 450 ​ 1,582 ​ 22,794 Dumfries – 4/27/20 ​ ​ 2,597 ​ ​ 10,047 ​ ​ 289 ​ ​ 4,815 ​ ​ 4,292 ​ ​ 22,040 Centerville – 7/16/20 ​ ​ — ​ ​ 4,202 ​ ​ 160 ​ ​ 208 ​ ​ 501 ​ ​ 5,071 Fairfax – 7/17/20 ​ ​ 6,731 ​ ​ 6,642 ​ ​ 381 ​ ​ 2,979 ​ ​ 3,012 ​ ​ 19,745 Rosedale – 7/31/20 ​ ​ 2,856 ​ ​ 16,204 ​ ​ 567 ​ ​ 1,443 ​ ​ 2,821 ​ ​ 23,891 Lancaster – 9/18/20 ​ ​ 696 ​ ​ 4,269 ​ ​ 110 ​ ​ 116 ​ ​ 1,114 ​ ​ 6,305 Winston-Salem – 9/30/20 ​ ​ 1,524 ​ ​ 6,407 ​ ​ 254 ​ ​ 307 ​ ​ 748 ​ ​ 9,240 Decatur and Jackson – 10/20/20 ​ ​ 2,237 ​ ​ 7,140 ​ ​ 284 ​ ​ 296 ​ ​ 955 ​ ​ 10,912 Sheboygan and Plymouth – 10/27/20 ​ ​ 1,088 ​ ​ 11,212 ​ ​ 253 ​ ​ 225 ​ ​ 1,046 ​ ​ 13,824 Spring Hill and Hudson – 11/18/20 ​ ​ 3,473 ​ ​ 12,520 ​ ​ 420 ​ ​ 435 ​ ​ 1,370 ​ ​ 18,218 Cape Girardeau – 11/23/20 ​ ​ 1,150 ​ ​ 4,601 ​ ​ 73 ​ ​ 264 ​ ​ 1,262 ​ ​ 7,350 Yuma – 12/1/20 ​ ​ 1,041 ​ ​ 4,715 ​ ​ 309 ​ ​ 274 ​ ​ 640 ​ ​ 6,979 Las Vegas – 12/14/20 ​ ​ 311 ​ ​ 6,813 ​ ​ — ​ ​ — ​ ​ — ​ ​ 7,124 Pensacola – 12/29/20 ​ ​ 1,786 ​ ​ 5,742 ​ ​ 332 ​ ​ 411 ​ ​ 781 ​ ​ 9,052 Venice – 12/30/20 ​ ​ 1,648 ​ ​ 4,204 ​ ​ 247 ​ ​ 333 ​ ​ 543 ​ ​ 6,975 Capitalized costs (1) ​ ​ — ​ ​ 1,230 ​ ​ 203 ​ ​ 194 ​ ​ 172 ​ ​ 1,799 Total Additions: ​ 33,476 ​ 157,894 ​ 5,271 ​ 15,295 ​ 25,440 ​ 237,376 Balances as of December 31, 2020 ​ $ 128,857 ​ $ 851,427 ​ $ 15,183 ​ $ 49,204 ​ $ 98,234 ​ $ 1,142,905 (1) Represents capital projects that were completed and placed in service during the year ended December 31, 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.
Schedule of tangible and intangible assets	We performed a qualitative analysis during the fourth quarter of the fiscal year and determined that it was more likely than not that the fair value of the reporting unit was in excess of the reporting units carrying value, and as a result, a quantitative step one analysis was not necessary. The following table summarizes the consideration paid, the fair value of the assets and liabilities assumed, and the resulting Goodwill balance: ​ ​ ​ ​ Total consideration paid ​ $ 17,746 ​ ​ ​ Internalization expense - settlement of a preexisting contractual relationship ​ 12,094 ​ ​ ​ Recognized amounts of identifiable assets acquired and liabilities assumed: ​ ​ Cash ​ 559 Software intangible ​ 263 Fixed assets ​ 87 Prepaids and other assets ​ 101 Accrued wages and expenses ​ (883) Income tax liability ​ (378) Total identifiable net liabilities ​ (251) Goodwill ​ $ 5,903
Summary of Carrying amount of intangible assets and liabilities	The following is a summary of the carrying amount of lease intangible assets and liabilities as of December 31, 2020 and 2019: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ As of December 31, 2020 ​ ​ ​ ​ ​ Accumulated ​ ​ ​ ​ Cost Amortization Net Assets ​ ​ ​ ​ ​ ​ ​ ​ ​ In-place leases ​ $ 55,561 ​ $ (14,592) ​ $ 40,969 Above market leases ​ 14,972 ​ (4,023) ​ 10,949 Leasing costs ​ 27,701 ​ (6,284) ​ 21,417 ​ ​ $ 98,234 ​ $ (24,899) ​ $ 73,335 Liability ​ ​ ​ ​ ​ ​ ​ ​ ​ Below market leases ​ $ 10,072 ​ $ (1,850) ​ $ 8,222 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 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	The following is a summary of the acquired lease intangible amortization: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended December 31, ​ 2020 2019 2018 Amortization expense related to in-place leases ​ $ 6,741 ​ $ 3,814 ​ $ 2,460 Amortization expense related to leasing costs ​ $ 2,826 ​ $ 1,755 ​ $ 1,165 Decrease in rental revenue related to above market ground leases ​ $ — ​ $ — ​ $ 22 Decrease in rental revenue related to above market leases ​ $ 1,657 ​ $ 1,270 ​ $ 876 Increase in rental revenue related to below market leases ​ $ (1,153) ​ $ (389) ​ $ (210)
Schedule of net amortization acquired lease intangible assets and liabilities	Future aggregate net amortization of the acquired lease intangible assets and liabilities as of December 31, 2020, is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net Decrease ​ Net Increase ​ ​ in Revenue ​ in Expenses 2021 ​ $ (194) ​ $ 11,010 2022 ​ (211) ​ 10,587 2023 ​ (246) ​ 9,626 2024 ​ (49) ​ 8,290 2025 ​ (463) ​ 5,472 Thereafter ​ (1,564) ​ 17,401 Total ​ $ (2,727) ​ $ 62,386 ​
Summary of unaudited pro forma information	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, ​ 2020 ​ 2019 ​ 2018 ​ ​ (unaudited, in thousands) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Pro forma total revenue ​ $ 93,730 ​ $ 70,726 ​ $ 53,192 Pro forma net income attributable to common stockholders ​ $ 5,524 ​ $ 4,500 ​ $ 5,952 ​
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
Centerville Facility [Member]
Schedule of tangible and intangible assets	​ ​ ​ ​ ​ Land and site improvements $ 160 Building and tenant improvements ​ 4,410 In-place leases ​ 216 Leasing costs ​ 285 Total purchase price ​ $ 5,071
Fairfax Facility [Member]
Schedule of tangible and intangible assets	​ ​ ​ ​ ​ Land and site improvements $ 7,112 Building and tenant improvements ​ 9,621 In-place leases ​ 2,314 Leasing costs ​ 698 Below-market lease intangibles ​ (1,866) Total purchase price ​ $ 17,879
Rosedale Facilities [Member]
Schedule of tangible and intangible assets	​ ​ ​ ​ ​ Land and site improvements $ 3,423 Building and tenant improvements ​ 17,647 In-place leases ​ 1,063 Leasing costs ​ 892 Above-market lease intangibles ​ ​ 866 Below-market lease intangibles ​ (785) Total purchase price ​ $ 23,106
Lancaster Facility [Member]
Schedule of tangible and intangible assets	​ ​ ​ ​ ​ Land and site improvements $ 806 Building and tenant improvements ​ 4,385 In-place leases ​ 244 Leasing costs ​ 283 Above-market lease intangibles ​ 587 Total purchase price ​ $ 6,305
Winston-Salem Facility [Member]
Schedule of tangible and intangible assets	​ ​ ​ ​ ​ Land and site improvements $ 1,778 Building and tenant improvements ​ 6,714 In-place leases ​ 581 Leasing costs ​ 167 Below-market lease intangibles ​ (725) Total purchase price ​ $ 8,515
Decatur and Jackson Facility [Member]
Schedule of tangible and intangible assets	​ ​ ​ ​ ​ Land and site improvements $ 2,521 Building and tenant improvements ​ 7,436 In-place leases ​ 556 Leasing costs ​ 264 Above-market lease intangibles ​ ​ 135 Below-market lease intangibles ​ (27) Total purchase price ​ $ 10,885
Sheboygan and Plymouth Facility [Member]
Schedule of tangible and intangible assets	​ ​ ​ ​ ​ Land and site improvements $ 1,341 Building and tenant improvements ​ 11,437 In-place leases ​ 756 Leasing costs ​ 290 Total purchase price ​ $ 13,824
Spring Hill and Hudson Facility [Member]
Schedule of tangible and intangible assets	​ ​ ​ ​ ​ Land and site improvements $ 3,893 Building and tenant improvements ​ 12,955 In-place leases ​ 831 Leasing costs ​ 539 Total purchase price ​ $ 18,218
Cape Girardeau Facility [Member]
Schedule of tangible and intangible assets	​ ​ ​ ​ ​ Land and site improvements $ 1,223 Building and tenant improvements ​ 4,865 In-place leases ​ 687 Leasing costs ​ 188 Above-market lease intangibles ​ 387 Total purchase price ​ $ 7,350
Yuma Facility [Member]
Schedule of tangible and intangible assets	​ ​ ​ ​ ​ Land and site improvements $ 1,350 Building and tenant improvements ​ 4,989 In-place leases ​ 439 Leasing costs ​ 136 Above-market lease intangibles ​ 65 Total purchase price ​ $ 6,979
Las Vegas Facility [Member]
Schedule of tangible and intangible assets	​ ​ ​ ​ ​ Land and site improvements $ 311 Building and tenant improvements ​ 6,813 Total purchase price ​ $ 7,124
Pensacola Facility [Member]
Schedule of tangible and intangible assets	​ ​ ​ ​ ​ Land and site improvements $ 2,118 Building and tenant improvements ​ 6,153 In-place leases ​ 456 Leasing costs ​ 325 Total purchase price ​ $ 9,052
Venice Facility [Member]
Schedule of tangible and intangible assets	​ ​ ​ ​ ​ Land and site improvements $ 1,895 Building and tenant improvements ​ 4,537 In-place leases ​ 387 Leasing costs ​ 156 Total purchase price ​ $ 6,975
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)	12 Months Ended
	Dec. 31, 2020
Notes Payable and Revolving Credit Facility
Schedule of Outstanding borrowings	As of December 2020 and 2019, the Company had the following outstanding borrowings under the Credit Facility: ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2020 December 31, 2019 Revolver ​ $ 175,200 ​ $ 51,350 Term Loan ​ 350,000 ​ 300,000 Less: Unamortized debt issuance costs ​ (3,559) ​ (3,832) Credit Facility, net ​ $ 521,641 ​ $ 347,518 ​
Schedule of Aggregate balances of loans payable	The Company’s notes payable, net, includes four loans: (1) the Rosedale Loan, (2) the Dumfries Loan, (3) the Cantor Loan, and (4) the West Mifflin Loan, described in detail below. The following table sets forth the balances of these loans as of December 31, 2020 and 2019. ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2020 December 31, 2019 Notes payable, gross ​ $ 66,349 ​ $ 39,475 Less: Unamortized debt issuance costs ​ (835) ​ (667) Cumulative principal repayments ​ (577) ​ (158) Notes payable, net ​ $ 64,937 ​ $ 38,650
Schedule of Interest Rate Derivatives	As of December 31, 2020, the Company had the following six interest rate swaps that are used to manage its interest rate risk and fix the LIBOR component of certain of its floating rate debt on a weighted average basis at 1.91%: ​ ​ ​ ​ ​ ​ ​ ​ ​ Counterparty Notional Amount Fixed LIBOR Rate Maturity Wells Fargo Bank, N.A. ​ $ ​ 0.16% ​ August 2023 BMO ​ ​ 100 million ​ 2.88% ​ August 2023 BMO ​ ​ 1.21% ​ August 2024 Truist Bank ​ ​ 1.21% ​ August 2024 Truist Bank ​ ​ 2.93% ​ August 2024 Citizens Bank, National Association ​ ​ 2.93% ​ August 2024 Total/Weighted Average ​ $ 350 million 1.91% ​
Schedule of Comprehensive Income (Loss)	The table below details the components of the loss presented on the accompanying Consolidated Statements of Comprehensive (Loss) Income recognized on the Company’s interest rate swap agreements designated as cash flow hedges for the years ended December 31, 2020, 2019, and 2018. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Years Ended December 31, ​ 2020 2019 2018 ​ ​ ​ ​ ​ ​ ​ ​ ​ Amount of loss recognized in other comprehensive loss ​ $ 16,451 ​ $ 3,922 ​ $ 3,919 Amount of loss reclassified from accumulated other comprehensive loss into interest expense ​ (4,906) ​ (969) ​ (198) Total change in accumulated other comprehensive loss ​ $ 11,545 ​ $ 2,953 ​ $ 3,721 ​
Rosedale Loan [Member]
Notes Payable and Revolving Credit Facility
Schedule of Maturities of Long-term Debt	As of December 31, 2020, scheduled principal payments due for each year ended December 31 were as follows: ​ ​ ​ ​ 2021 $ 361 2022 ​ 376 2023 ​ 391 2024 ​ 405 2025 ​ ​ 13,158 Total ​ $ 14,691
Dumfries Loan [Member]
Notes Payable and Revolving Credit Facility
Schedule of Maturities of Long-term Debt	As of December 31, 2020, scheduled principal payments due for each year ended December 31 were as follows: ​ ​ ​ ​ 2021 $ 275 2022 ​ 288 2023 ​ 302 2024 ​ 11,034 Total ​ $ 11,899
Cantor Loan [Member]
Notes Payable and Revolving Credit Facility
Schedule of Maturities of Long-term Debt	As of December 31, 2020, scheduled principal payments due for each fiscal year ended December 31 are as follows: ​ ​ ​ ​ ​ 2021 $ 282 2022 447 2023 ​ 471 2024 ​ 492 2025 ​ 523 Thereafter ​ 29,882 Total ​ $ 32,097

Equity (Tables)

Equity (Tables)	12 Months Ended
	Dec. 31, 2020
Preferred Stock [Member]
Schedule of dividends payable	Preferred stock dividend activity for the years ended December 31, 2020 and 2019 is summarized in the following table: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Applicable ​ Quarterly Dividends Date Announced ​ Record Date ​ Quarter ​ Payment Date ​ Dividend ​ per Share ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 13, 2018 ​ January 15, 2019 ​ Q4 2018 ​ January 31, 2019 ​ $ 1,455 ​ $ 0.46875 March 6, 2019 ​ April 15, 2019 ​ Q1 2019 ​ April 30, 2019 ​ $ 1,455 ​ $ 0.46875 June 14, 2019 ​ July 15, 2019 ​ Q2 2019 ​ July 31, 2019 ​ $ 1,455 ​ $ 0.46875 September 13, 2019 ​ October 15, 2018 ​ Q3 2019 ​ October 31, 2019 ​ $ 1,455 ​ $ 0.46875 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 ​ $ 0.46875 September 3, 2020 October 15, 2020 Q3 2020 October 31, 2020 ​ $ 1,455 ​ $ 0.46875 December 16, 2020 January 15, 2021 Q4 2020 February 1, 2021 ​ $ 1,455 (1) $ 0.46875 (1) Two months of this amount, equal to $970 , was accrued at December 31, 2020.
Common Stock [Member]
Schedule of dividends payable	Common stock dividend activity for the years ended December 31, 2020 and 2019 is summarized in the following table: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Applicable ​ Dividend Dividends Date Announced ​ Record Date ​ Quarter ​ Payment Date ​ Amount (1) ​ per Share ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 13, 2018 ​ December 26, 2018 ​ Q4 2018 ​ January 10, 2019 ​ $ 5,695 ​ $ 0.20 March 6, 2019 ​ March 26, 2019 ​ Q1 2019 ​ April 10, 2019 ​ $ 7,688 ​ $ 0.20 June 14, 2019 ​ June 26, 2019 ​ Q2 2019 ​ July 11, 2019 ​ $ 7,699 ​ $ 0.20 September 13, 2019 ​ September 25, 2019 ​ Q3 2019 ​ October 10, 2019 ​ $ 8,004 ​ $ 0.20 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 September 3, 2020 September 24, 2020 Q3 2020 October 8, 2020 ​ $ 10,357 ​ $ 0.20 December 16, 2020 December 28, 2020 Q4 2020 January 11, 2021 ​ $ 10,573 ​ $ 0.20 (1) Includes dividends on granted LTIP Units and OP Units issued to third parties.

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 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 December 31, 2020 is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Due From ​ ​ ​ ​ ​ ​ ​ Related Parties ​ Due to Related Party, Net ​ ​ ​ ​ ​ Other ​ ​ Funds for ​ Management ​ Funds due ​ Due to ​ ​ Various ​ Fees due to ​ from ​ Related ​ ​ Purposes ​ Former Advisor ​ Former 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 Former Advisor ​ — 5,751 — ​ 5,751 Loans to Former Advisor ​ — — (79) ​ (79) Loan to related parties ​ 53 — — ​ — Balance as of December 31, 2020 ​ $ 103 $ — ​ — ​ $ — A rollforward of the due from related parties and due to related party balance, net, as of December 31, 2019 is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Due From ​ ​ ​ ​ ​ ​ ​ Related Parties ​ Due to Related Party, Net ​ ​ ​ ​ ​ Other ​ ​ Funds for ​ Management ​ Funds due ​ Due to ​ ​ Various ​ Fees due to ​ from ​ Related ​ ​ Purposes ​ Former Advisor ​ Former Advisor ​ Party, net Balance as of January 1, 2019 ​ $ 61 $ (1,143) ​ 52 ​ $ (1,091) Management fee expense incurred ​ — (6,266) — ​ (6,266) Management fees paid to Former Advisor ​ — 5,682 — ​ 5,682 Loans to Former Advisor ​ — — 27 ​ 27 Loan repayments from related parties ​ (11) — — ​ — Balance as of December 31, 2019 ​ $ 50 $ (1,727) ​ 79 ​ $ (1,648)

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2020
Stock-Based Compensation
Schedule of LTIP Unit Activity	During the year ended December 31, 2020, pursuant to the recommendation of the Compensation Committee of the Board (the “Compensation Committee”), the Board approved the following LTIP Unit activity: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Number of ​ ​ Date ​ Description ​ Units Issued ​ Vesting Dates ​ ​ ​ ​ ​ ​ ​ March 3, 2020 ​ Final awards under the 2017 Long-Term Incentive Plan ​ 155 ​ 50% on March 3, 2020; and ​ ​ ​ ​ ​ ​ 50% on March 3, 2021 ​ ​ ​ ​ ​ ​ ​ March 3, 2020 ​ Final awards under the 2019 Annual Incentive Plan ​ 147 ​ 50% on March 3, 2020; and ​ ​ ​ ​ ​ ​ 50% on March 3, 2021 ​ ​ ​ ​ ​ ​ ​ March 3, 2020 ​ Time-based awards under the 2020 Long-Term Incentive Plan ​ 43 ​ 33.33% on March 3, 2021; ​ ​ ​ ​ ​ ​ 33.33% on March 3, 2022; and ​ ​ ​ ​ ​ ​ 33.33% on March 3, 2023 ​ ​ ​ ​ ​ ​ ​ May 12, 2020 (1) ​ Final awards under the 2017 Long-Term Incentive Plan ​ 14 ​ 50% on May 12, 2020; and ​ ​ ​ ​ ​ ​ 50% on May 12, 2021 ​ ​ ​ ​ ​ ​ ​ July 9, 2020 ​ Retention grants issued to executives in connection with ​ 402 ​ 25% on July 9, 2021; ​ ​ the Internalization ​ ​ ​ 25% on July 9, 2022; ​ ​ ​ ​ ​ ​ 25% on July 9, 2023; and ​ ​ ​ ​ ​ ​ 25% on July 9, 2024 ​ ​ ​ ​ ​ ​ ​ July 24, 2020 ​ Retention grants issued to non-executives in connection with ​ 108 ​ 25% on July 24, 2021; ​ ​ the Internalization ​ ​ ​ 25% on July 24, 2022; ​ ​ ​ ​ ​ ​ 25% on July 24, 2023; and ​ ​ ​ ​ ​ ​ 25% on July 24, 2024 ​ ​ ​ ​ ​ ​ ​ August 23, 2020 (1) ​ Final awards under the 2017 Long-Term Incentive Plan ​ 21 ​ 50% on August 23, 2020; and ​ ​ ​ ​ ​ ​ 50% on August 23, 2021 ​ ​ ​ ​ ​ ​ ​ September 2, 2020 ​ Annual award to directors ​ 19 ​ 100% on September 2, 2021 ​ ​ ​ ​ ​ ​ ​ (1) Each of Mr. Barber and Mr. Kiernan received awards under the 2017 Long-Term Incentive Plan on the third anniversary of his hiring date, which was May 8, 2017 and August 23, 2017, respectively.
Schedule of time-based vesting LTIP unit activity	A detail of the Company’s outstanding time based LTIP Units as of December 31, 2020 is as follows: ​ ​ ​ ​ Vested units 818 Unvested units 821 LTIP Units outstanding as of December 31, 2020 1,639
Schedule of the annual awards and long-term awards	A detail of the Company’s Long-Term Awards under the 2018, 2019 and 2020 programs, and the Annual Awards and Long-Term Awards under the 2020 program as of December 31, 2020 is as follows: ​ ​ ​ ​ 2018 Long-Term Awards 110 2019 Long-Term Awards 82 2020 Annual Awards (1) 196 2020 Long-Term Awards (2) 70 Total target performance awards as of December 31, 2020 458 (1) (2) 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)	12 Months Ended
	Dec. 31, 2020
Leases
Schedule of aggregate annual cash to be received by the company	aggregate annual cash to be received by the Company on the noncancelable operating leases related to its portfolio as of December 31, 2020 is as follows for the subsequent years ended December 31: ​ ​ ​ ​ ​ 2021 $ 89,910 2022 89,977 2023 ​ 87,484 2024 ​ 80,554 2025 ​ 69,384 Thereafter ​ 377,990 Total ​ $ 795,299
Schedule of aggregate 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 December 31, 2020 and a reconciliation ​ ​ ​ ​ ​ 2021 $ 390 2022 409 2023 ​ 174 2024 ​ 129 2025 ​ 129 Thereafter ​ 4,498 Total ​ ​ 5,729 Discount ​ (2,772) Lease liability ​ $ 2,957

Rent Concentration (Tables)

Rent Concentration (Tables)	12 Months Ended
	Dec. 31, 2020
Rent Concentration
Schedule of concentration of rental revenue	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ 2020 ​ ​ 2019 ​ ​ 2018 Facility % Facility % Facility % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Encompass (1) ​ 8 % ​ Encompass (1) ​ 10 % ​ Encompass (1) ​ 11 % Belpre ​ 6 ​ Belpre ​ 8 ​ ​ OCOM ​ 9 OCOM ​ 5 ​ OCOM ​ 7 ​ ​ Belpre ​ 8 All other facilities ​ 81 ​ Austin ​ 5 ​ ​ Austin ​ 7 Total ​ 100 % Sherman ​ 5 ​ ​ Sherman ​ 6 ​ ​ ​ ​ All other facilities ​ 65 ​ ​ Dallas ​ 5 ​ ​ ​ ​ Total ​ 100 % ​ Great Bend ​ 5 ​ ​ ​ ​ ​ ​ ​ ​ ​ All other facilities ​ 49 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total ​ 100 % (1) Four facilities and four locations.

Selected Quarterly Financial _2

Selected Quarterly Financial Data (Tables)	12 Months Ended
	Dec. 31, 2020
Selected Quarterly Financial Data
Quarterly Financial Information	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended December 31, 2020 ​ First Quarter Second Quarter Third Quarter Fourth Quarter ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total revenue ​ $ 21,649 ​ $ 22,055 ​ $ 25,097 ​ $ 24,930 Total expenses ​ 18,832 ​ 20,383 ​ 34,677 ​ 22,338 Net income (loss) ​ 2,817 ​ 1,672 ​ (9,580) ​ 2,592 Less: Preferred stock dividends ​ (1,455) ​ (1,455) ​ (1,455) ​ (1,455) Less: Net (income) loss attributable to noncontrolling interest ​ (107) ​ (13) ​ 767 ​ (74) Net income (loss) attributable to common stockholders ​ $ 1,255 ​ $ 204 ​ $ (10,268) ​ $ 1,063 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income (loss) attributable to common stockholders per share – basic and diluted ​ $ 0.03 ​ $ 0.00 ​ $ (0.22) ​ $ 0.02 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted average shares outstanding – basic and diluted ​ 44,182 ​ 45,404 ​ 46,908 ​ 48,496 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Year Ended December 31, 2019 ​ First Quarter Second Quarter Third Quarter Fourth Quarter ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total revenue ​ $ 15,200 ​ $ 16,880 ​ $ 18,195 ​ $ 20,452 Total expenses ​ 13,157 ​ 14,418 ​ 15,887 ​ 17,677 Net income ​ 2,043 ​ 2,462 ​ 2,308 ​ 2,775 Less: Preferred stock dividends ​ (1,455) ​ (1,455) ​ (1,455) ​ (1,455) Less: Net income attributable to noncontrolling interest ​ (60) ​ (103) ​ (83) ​ (108) Net income attributable to common stockholders ​ $ 528 ​ $ 904 ​ $ 770 ​ $ 1,212 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Net income attributable to common stockholders per share – basic and diluted ​ $ 0.02 ​ $ 0.03 ​ $ 0.02 ​ $ 0.03 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted average shares outstanding – basic and diluted ​ 27,380 ​ 34,559 ​ 35,512 ​ 37,876

Organization (Details)

Organization (Details) - USD ($) $ in Thousands	Jul. 09, 2020	Dec. 31, 2020	Jul. 08, 2020
Inter-American Group Holdings Incorporated [Member]
Purchase agreement date		Jul. 9, 2020
Total consideration	$ 17,746
long-term incentive plan LTIP [Member]
Partnership interest		6.44%
Global Medical REIT GP LLC [Member]
Operating Partnership		93.56%
Zensun Enterprises Limited [Member] | Inter-American Group Holdings Incorporated [Member]
Ownership percentage			85.00%
Jeffrey Busch [Member] | Inter-American Group Holdings Incorporated [Member]
Ownership percentage			15.00%

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Cash and Cash Equivalents (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Cash and Cash Equivalents [Abstract]
Cash and cash equivalents	$ 5,507	$ 2,765
Restricted cash	5,246	4,420
Total cash and cash equivalents and restricted cash	$ 10,753	$ 7,185	$ 4,843	$ 7,114

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Pro Forma Revenue and Net Income (Details) - Inter-American Group Holdings Incorporated [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Business Acquisition [Line Items]
Pro forma total revenue	$ 93,730	$ 70,726	$ 53,192
Net income	$ 5,524	$ 4,500	$ 5,952

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Goodwill (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Business Acquisition [Line Items]
Internalization expense - settlement of a preexisting contractual relationship	$ 12,094
Fixed assets	6,305
Goodwill	5,903	$ 0
Inter-American Group Holdings Incorporated [Member]
Business Acquisition [Line Items]
Total consideration paid	17,746
Internalization expense - settlement of a preexisting contractual relationship	12,094
Cash	559
Software intangible	263
Fixed assets	87
Prepaids and other assets	101
Accrued wages and expenses	(883)
Income tax liability	(378)
Total identifiable net liabilities	(251)
Goodwill	$ 5,903

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Additional Information (Details) - USD ($) $ in Thousands	Jul. 09, 2020	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Tenant Receivables		$ 5,596	$ 4,957
Receivables Earned But Not Received Relating To Tenant Rent		1,817	1,428
Tenant reimbursements		2,579	2,342
Other Assets, Miscellaneous, Current			125
Reserve for leases		450
Escrow Deposit		4,817	3,417
Deferred Costs and Other Assets		20,272	14,512
Deferred Rent Receivables, Net		20,192	14,204
Other Deferred Costs, Net		80	308
Other Assets		5,019	3,593
Operating Lease, Right-of-Use Asset		3,598	3,077
Prepaid Expense and Other Assets		588	293
Capitalized preacquisition costs		484	223
Capitalized software costs		349
Security Deposit Liability		4,340	6,351
Receivables To Be Collected To Pay Specific Tenant Expenses			1,383
Lease Deposit Liability			4,968
Derivative Liabilities		18,086	8,685
Internalization expense - settlement of a preexisting contractual relationship		12,094
Goodwill		5,903	0
Management internalization expense		14,005	0	$ 0
Cash acquired		559
Internalization - cash paid for acquisition of Former Advisor, net of cash acquired		5,093	0	$ 0
Loan Receivable Member [Member]
Tenant Receivables		1,200	1,062
Interest Rate Swap [Member]
Derivative Liabilities		$ 18,086	$ 6,491
Building and Building Improvements [Member] | Minimum
Property, Plant and Equipment, Useful Life		23 years
Building and Building Improvements [Member] | Maximum
Property, Plant and Equipment, Useful Life		50 years
Tenant improvements [Member] | Minimum
Property, Plant and Equipment, Useful Life		1 year
Tenant improvements [Member] | Maximum
Property, Plant and Equipment, Useful Life		19 years
Site Improvements [Member] | Minimum
Property, Plant and Equipment, Useful Life		3 years
Site Improvements [Member] | Maximum
Property, Plant and Equipment, Useful Life		14 years
Inter-American Group Holdings Incorporated [Member]
Purchase agreement date		Jul. 9, 2020
Total consideration	$ 17,746
Internalization expense - settlement of a preexisting contractual relationship		$ 12,094
Goodwill		5,903
Total identifiable net liabilities		(251)
Management internalization expense		1,911
Revenue from operation of business acquired subsequent to acquisition		0
Net income (loss) from operation of business acquired subsequent to acquisition		(3,458)
Internalization - cash paid for acquisition of Former Advisor, net of cash acquired		$ 12,094

Property Portfolio - Gross Inve

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

Dec. 30, 2020

Dec. 29, 2020

Dec. 14, 2020

Dec. 01, 2020

Nov. 23, 2020

Nov. 18, 2020

Oct. 27, 2020

Oct. 20, 2020

Sep. 30, 2020

Sep. 18, 2020

Jul. 31, 2020

Jul. 17, 2020

Jul. 16, 2020

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

Dec. 31, 2020

Dec. 31, 2019

Property, Plant and Equipment [Line Items]

Beginning Balance

$ 905,529

$ 647,550

Acquisitions

237,376

257,979

Capitalized costs

1,799

1,860

Ending Balance

1,142,905

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

22,794

Dumfries [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

22,040

Centerville Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

$ 5,100

5,071

Fairfax Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

$ 17,900

19,745

Rosedale Facilities [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

$ 23,100

23,891

Lancaster Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

$ 6,300

6,305

Winston-Salem Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

$ 8,500

9,240

Decatur and Jackson Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

$ 10,900

10,912

Sheboygan and Plymouth Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

$ 13,800

13,824

Spring Hill and Hudson Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

$ 18,200

18,218

Cape Girardeau Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

$ 7,400

7,350

Yuma Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

$ 7,000

6,979

Las Vegas Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

$ 7,100

7,124

Pensacola Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

$ 9,100

9,052

Venice Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

$ 7,000

6,975

Land [Member]

Property, Plant and Equipment [Line Items]

Beginning Balance

95,381

63,710

Acquisitions

33,476

31,671

Ending Balance

128,857

95,381

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] | 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

2,951

Land [Member] | Dumfries [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

2,597

Land [Member] | Fairfax Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

6,731

Land [Member] | Rosedale Facilities [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

2,856

Land [Member] | Lancaster Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

696

Land [Member] | Winston-Salem Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

1,524

Land [Member] | Decatur and Jackson Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

2,237

Land [Member] | Sheboygan and Plymouth Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

1,088

Land [Member] | Spring Hill and Hudson Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

3,473

Land [Member] | Cape Girardeau Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

1,150

Land [Member] | Yuma Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

1,041

Land [Member] | Las Vegas Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

311

Land [Member] | Pensacola Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

1,786

Land [Member] | Venice Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

1,648

Buildings

Property, Plant and Equipment [Line Items]

Beginning Balance

693,533

518,451

Acquisitions

157,894

175,082

Capitalized costs

1,230

1,179

Ending Balance

851,427

693,533

Buildings | Zachary [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

3,336

Buildings | Gilbert and Chandler [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

11,643

Buildings | Las Vegas [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

15,277

Buildings | Oklahoma Northwest [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

19,501

Buildings | Mishawaka [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

10,084

Buildings | Surprise [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

18,737

Buildings | San Marcos [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

6,934

Buildings | Lansing [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

7,681

Buildings | Bannockburn [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

3,566

Buildings | Aurora [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

7,446

Buildings | Livonia [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

7,629

Buildings | Gilbert [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

2,027

Buildings | Morgantown [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

5,286

Buildings | Beaumont [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

24,836

Buildings | Bastrop [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

8,436

Buildings | Panama City [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

8,682

Buildings | Jacksonville [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

7,846

Buildings | Greenwood [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

4,956

Buildings | High Point Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

20,367

Buildings | Clinton Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

6,551

Buildings | West Allis Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

7,687

Buildings | Grand Rapids Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

17,341

Buildings | Dumfries [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

10,047

Buildings | Centerville Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

4,202

Buildings | Fairfax Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

6,642

Buildings | Rosedale Facilities [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

16,204

Buildings | Lancaster Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

4,269

Buildings | Winston-Salem Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

6,407

Buildings | Decatur and Jackson Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

7,140

Buildings | Sheboygan and Plymouth Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

11,212

Buildings | Spring Hill and Hudson Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

12,520

Buildings | Cape Girardeau Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

4,601

Buildings | Yuma Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

4,715

Buildings | Las Vegas Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

6,813

Buildings | Pensacola Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

5,742

Buildings | Venice Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

4,204

Site Improvements [Member]

Property, Plant and Equipment [Line Items]

Beginning Balance

9,912

6,880

Acquisitions

5,271

3,032

Capitalized costs

203

170

Ending Balance

15,183

9,912

Site Improvements [Member] | Zachary [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

103

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] | 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

Site Improvements [Member] | Centerville Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

160

Site Improvements [Member] | Fairfax Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

381

Site Improvements [Member] | Rosedale Facilities [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

567

Site Improvements [Member] | Lancaster Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

110

Site Improvements [Member] | Winston-Salem Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

254

Site Improvements [Member] | Decatur and Jackson Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

284

Site Improvements [Member] | Sheboygan and Plymouth Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

253

Site Improvements [Member] | Spring Hill and Hudson Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

420

Site Improvements [Member] | Cape Girardeau Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

73

Site Improvements [Member] | Yuma Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

309

Site Improvements [Member] | Pensacola Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

332

Site Improvements [Member] | Venice Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

247

Tenant improvements [Member]

Property, Plant and Equipment [Line Items]

Beginning Balance

33,909

15,357

Acquisitions

15,295

18,552

Capitalized costs

194

511

Ending Balance

49,204

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

Tenant improvements [Member] | Centerville Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

208

Tenant improvements [Member] | Fairfax Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

2,979

Tenant improvements [Member] | Rosedale Facilities [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

1,443

Tenant improvements [Member] | Lancaster Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

116

Tenant improvements [Member] | Winston-Salem Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

307

Tenant improvements [Member] | Decatur and Jackson Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

296

Tenant improvements [Member] | Sheboygan and Plymouth Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

225

Tenant improvements [Member] | Spring Hill and Hudson Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

435

Tenant improvements [Member] | Cape Girardeau Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

264

Tenant improvements [Member] | Yuma Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

274

Tenant improvements [Member] | Pensacola Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

411

Tenant improvements [Member] | Venice Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

333

Intangibles [Member]

Property, Plant and Equipment [Line Items]

Beginning Balance

72,794

43,152

Acquisitions

25,440

29,642

Capitalized costs

172

Ending Balance

98,234

72,794

Intangibles [Member] | Zachary [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

835

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] | 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

Intangibles [Member] | Centerville Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

501

Intangibles [Member] | Fairfax Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

3,012

Intangibles [Member] | Rosedale Facilities [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

2,821

Intangibles [Member] | Lancaster Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

1,114

Intangibles [Member] | Winston-Salem Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

748

Intangibles [Member] | Decatur and Jackson Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

955

Intangibles [Member] | Sheboygan and Plymouth Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

1,046

Intangibles [Member] | Spring Hill and Hudson Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

1,370

Intangibles [Member] | Cape Girardeau Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

1,262

Intangibles [Member] | Yuma Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

640

Intangibles [Member] | Pensacola Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

781

Intangibles [Member] | Venice Facility [Member]

Property, Plant and Equipment [Line Items]

Acquisitions

$ 543

Property Portfolio - Schedule o

Property Portfolio - Schedule of Recognized Identified Assets Acquired and Liabilities Assumed (Details) $ in Thousands	Dec. 31, 2020USD ($)
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	$ 6,305
Land and Site Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	806
Building And Tenant Improvements [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	4,385
In-place leases [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	244
Above Market Lease intangibles [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	587
Leasing Costs [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	283
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, Property, Plant, and Equipment	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] | 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, Property, Plant, and Equipment	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
Oklahoma Northwest [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	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
Mishawaka [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	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
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)
Centerville Facility [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	5,071
Centerville 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	160
Centerville 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	4,410
Centerville 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	216
Centerville Facility [Member] | Leasing Costs [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	285
Fairfax Facility [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	17,879
Fairfax 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	7,112
Fairfax 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	9,621
Fairfax 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	2,314
Fairfax Facility [Member] | Leasing Costs [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	698
Fairfax 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	(1,866)
Rosedale Facilities [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	23,106
Rosedale Facilities [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	3,423
Rosedale Facilities [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	17,647
Rosedale Facilities [Member] | In-place leases [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	1,063
Rosedale Facilities [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	866
Rosedale Facilities [Member] | Leasing Costs [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	892
Rosedale Facilities [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	(785)
Winston-Salem Facility [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	8,515
Winston-Salem 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	1,778
Winston-Salem 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	6,714
Winston-Salem 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	581
Winston-Salem Facility [Member] | Leasing Costs [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	167
Winston-Salem 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	(725)
Decatur and Jackson Facility [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	10,885
Decatur and Jackson 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	2,521
Decatur and Jackson 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	7,436
Decatur and Jackson 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	556
Decatur and Jackson 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	135
Decatur and Jackson Facility [Member] | Leasing Costs [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	264
Decatur and Jackson 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	(27)
Sheboygan and Plymouth Facility [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	13,824
Sheboygan and Plymouth 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	1,341
Sheboygan and Plymouth 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	11,437
Sheboygan and Plymouth 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	756
Sheboygan and Plymouth Facility [Member] | Leasing Costs [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	290
Spring Hill and Hudson Facility [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	18,218
Spring Hill and Hudson 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	3,893
Spring Hill and Hudson 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	12,955
Spring Hill and Hudson 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	831
Spring Hill and Hudson Facility [Member] | Leasing Costs [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	539
Cape Girardeau Facility [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	7,350
Cape Girardeau 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	1,223
Cape Girardeau 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	4,865
Cape Girardeau 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	687
Cape Girardeau 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	387
Cape Girardeau Facility [Member] | Leasing Costs [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	188
Yuma Facility [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	6,979
Yuma 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	1,350
Yuma 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	4,989
Yuma 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	439
Yuma 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	65
Yuma 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
Las Vegas Facility [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	7,124
Las Vegas 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	311
Las Vegas 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	6,813
Pensacola Facility [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	9,052
Pensacola 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	2,118
Pensacola 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	6,153
Pensacola 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	456
Pensacola Facility [Member] | Leasing Costs [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	325
Venice Facility [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	6,975
Venice 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	1,895
Venice 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	4,537
Venice 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	387
Venice Facility [Member] | Leasing Costs [Member]
Property, Plant and Equipment [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	$ 156

Property Portfolio - Summary of

Property Portfolio - Summary of the carrying amount of intangible assets and liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Assets
Cost	$ 98,234	$ 72,794
Accumulated Amortization	(24,899)	(13,675)
Net	73,335	59,119
Liabilities
Cost	10,072	3,861
Accumulated Amortization	(1,850)	(697)
Net	8,222	3,164
In-place leases [Member]
Assets
Cost	55,561	39,429
Accumulated Amortization	(14,592)	(7,851)
Net	40,969	31,578
Above Market Lease intangibles [Member]
Assets
Cost	14,972	12,246
Accumulated Amortization	(4,023)	(2,366)
Net	10,949	9,880
Leasing Costs [Member]
Assets
Cost	27,701	21,119
Accumulated Amortization	(6,284)	(3,458)
Net	$ 21,417	$ 17,661

Property Portfolio - Summary _2

Property Portfolio - Summary of the acquired lease intangible amortization (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
In-place leases [Member]
Property, Plant and Equipment [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization	$ 6,741	$ 3,814	$ 2,460
Leasing Costs [Member]
Property, Plant and Equipment [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization	2,826	1,755	1,165
market ground lease [Member]
Property, Plant and Equipment [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization			22
Above Market Lease intangibles [Member]
Property, Plant and Equipment [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization	1,657	1,270	876
Below Market Lease intangible [Member]
Property, Plant and Equipment [Line Items]
Finite-Lived Intangible Assets, Accumulated Amortization	$ (1,153)	$ (389)	$ (210)

Property Portfolio - Net amorti

Property Portfolio - Net amortization of the acquired lease intangible (Details) $ in Thousands	Dec. 31, 2020USD ($)
Net Decrease in Revenue
2021	$ (194)
2022	(211)
2023	(246)
2024	(49)
2025	(463)
Thereafter	(1,564)
Total	(2,727)
Net Increase in Expenses
2021	11,010
2022	10,587
2023	9,626
2024	8,290
2025	5,472
Thereafter	17,401
Total	$ 62,386

Property Portfolio - (Details)

Property Portfolio - (Details) $ in Thousands

Dec. 30, 2020USD ($)buildinglease

Dec. 29, 2020USD ($)tenantbuildinglease

Dec. 14, 2020USD ($)leasebuilding

Dec. 01, 2020USD ($)leasebuilding

Nov. 23, 2020USD ($)

Nov. 18, 2020USD ($)buildinglease

Oct. 27, 2020USD ($)tenantbuildinglease

Oct. 20, 2020USD ($)buildingleasetenant

Sep. 30, 2020USD ($)lease

Sep. 18, 2020USD ($)

Jul. 31, 2020USD ($)tenantlease

Jul. 17, 2020USD ($)

Jul. 16, 2020USD ($)

Apr. 27, 2020USD ($)

Mar. 20, 2020USD ($)lease

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 ($)lease

Aug. 06, 2019USD ($)

Aug. 05, 2019USD ($)lease

Aug. 01, 2019USD ($)lease

Jul. 12, 2019USD ($)

Apr. 15, 2019USD ($)lease

Mar. 19, 2019USD ($)buildinglease

Feb. 28, 2019USD ($)

Dec. 31, 2020USD ($)property

Dec. 31, 2019USD ($)

Dec. 31, 2018USD ($)

Property, Plant and Equipment [Line Items]

Number of Properties Acquired | property

18

Depreciation, Total

$ 26,747

$ 19,066

$ 13,644

Tenant Improvement Allowances Receivable

30,094

Capital Lease Obligations, Noncurrent

19,434

Property, Plant and Equipment, Additions

$ 237,376

$ 257,979

Debt Instrument, Term

2 years 9 months 14 days

3 years 9 months 3 days

Operating Lease, Weighted Average Remaining Lease Term

41 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

Lease Intangibles Asset [Member]

Property, Plant and Equipment [Line Items]

Finite-Lived Intangible Asset, Useful Life

5 years 3 months 14 days

Lease Intangibles Liability [Member]

Property, Plant and Equipment [Line Items]

Finite-Lived Intangible Asset, Useful Life

4 years 9 months 25 days

Land [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 33,476

$ 31,671

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

Number or leases assumed | lease

2

Number of new leases entered into | lease

3

Gilbert Arizona Medical Office Buildings [Member]

Property, Plant and Equipment [Line Items]

Number of medical offices | building

2

Chandler Arizona Medical Office Suites [Member]

Property, Plant and Equipment [Line Items]

Number of medical offices | building

2

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

Number or leases assumed | lease

4

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

San Marcos [Member] | Land [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

2,322

Lansing [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 11,100

11,368

Number or leases assumed | lease

4

Number of new leases entered into | lease

2

Operating Lease, Weighted Average Remaining Lease Term

8 years 6 months

Lansing [Member] | Land [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

1,202

Bannockburn [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 6,800

6,977

Number or leases assumed | lease

14

Operating Lease, Weighted Average Remaining Lease Term

6 years 3 months 18 days

Bannockburn [Member] | Land [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

763

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

Aurora [Member] | Land [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

1,521

Livonia [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 10,400

10,592

Number or leases assumed | lease

10

Operating Lease, Weighted Average Remaining Lease Term

3 years 2 months 12 days

Livonia [Member] | Land [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

980

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

Gilbert [Member] | Land [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

2,408

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

Morgantown [Member] | Land [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

883

Beaumont [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 33,700

33,739

Operating Lease, Weighted Average Remaining Lease Term

10 years

Beaumont [Member] | Land [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

3,022

Bastrop [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 12,100

12,065

Operating Lease, Weighted Average Remaining Lease Term

5 years

Bastrop [Member] | Land [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

1,975

Panama City [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 13,000

12,976

Operating Lease, Weighted Average Remaining Lease Term

15 years

Panama City [Member] | Land [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

1,559

Jacksonville [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 8,900

8,869

Operating Lease, Weighted Average Remaining Lease Term

15 years

Jacksonville [Member] | Land [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

1,023

Greenwood [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 5,800

5,848

Operating Lease, Weighted Average Remaining Lease Term

13 years

Greenwood [Member] | Land [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 892

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

High Point Facility [Member] | Land [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

1,749

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

Clinton Facility [Member] | Land [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

664

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

West Allis Facility [Member] | Land [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

974

Grand Rapids Facility [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 22,700

22,794

Number or leases assumed | lease

11

Lessor, Operating Lease, Term of Contract

5 years

Grand Rapids Facility [Member] | Land [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

2,951

Dumfries Facility [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 19,600

Lessor, Operating Lease, Term of Contract

9 years 6 months

Centerville Facility [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 5,100

5,071

Lessor, Operating Lease, Term of Contract

10 years 6 months

Centerville Facility [Member] | Land [Member]

Property, Plant and Equipment [Line Items]

Operating Lease, Weighted Average Remaining Lease Term

49 years

Fairfax Facility [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 17,900

19,745

Lessor, Operating Lease, Term of Contract

9 years 1 month 6 days

Fairfax Facility [Member] | Land [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

6,731

Rosedale Facilities [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 23,100

23,891

Debt Instrument, Face Amount

$ 14,800

Debt Instrument, Interest Rate, Stated Percentage

3.85%

Debt Instrument, Term

5 years

Number or leases assumed | lease

8

Number of tenants assumed | tenant

6

Lessor, Operating Lease, Term of Contract

6 years 7 months 6 days

Rosedale Facilities [Member] | Land [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

2,856

Lancaster Facility [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 6,300

6,305

Lessor, Operating Lease, Term of Contract

8 years 6 months

Lancaster Facility [Member] | Land [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

696

Winston-Salem Facility [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 8,500

9,240

Number or leases assumed | lease

5

Lessor, Operating Lease, Term of Contract

4 years

Winston-Salem Facility [Member] | Land [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

1,524

Decatur and Jackson Facility [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 10,900

10,912

Number or leases assumed | lease

6

Number of tenants assumed | tenant

5

Number of medical offices | building

2

Lessor, Operating Lease, Term of Contract

6 years

Decatur and Jackson Facility [Member] | Decatur [Member]

Property, Plant and Equipment [Line Items]

Number of medical offices | building

1

Decatur and Jackson Facility [Member] | Jackson [Member]

Property, Plant and Equipment [Line Items]

Number of medical offices | building

1

Decatur and Jackson Facility [Member] | Land [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

2,237

Sheboygan and Plymouth Facility [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 13,800

13,824

Number or leases assumed | lease

3

Number of tenants assumed | tenant

2

Number of medical offices | building

2

Lessor, Operating Lease, Term of Contract

5 years

Sheboygan and Plymouth Facility [Member] | Sheboygan [Member]

Property, Plant and Equipment [Line Items]

Number of medical offices | building

1

Sheboygan and Plymouth Facility [Member] | Plymouth [Member]

Property, Plant and Equipment [Line Items]

Number of medical offices | building

1

Sheboygan and Plymouth Facility [Member] | Land [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

1,088

Spring Hill and Hudson Facility [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 18,200

18,218

Number or leases assumed | lease

3

Number of medical offices | building

3

Lessor, Operating Lease, Term of Contract

8 years

Spring Hill and Hudson Facility [Member] | Spring Hill [Member]

Property, Plant and Equipment [Line Items]

Number of medical offices | building

2

Spring Hill and Hudson Facility [Member] | Hudson [Member]

Property, Plant and Equipment [Line Items]

Number of medical offices | building

1

Spring Hill and Hudson Facility [Member] | Land [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

3,473

Cape Girardeau Facility [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 7,400

7,350

Lessor, Operating Lease, Term of Contract

6 years

Cape Girardeau Facility [Member] | Land [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

1,150

Yuma Facility [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 7,000

6,979

Number or leases assumed | lease

2

Number of medical offices | building

2

Lessor, Operating Lease, Term of Contract

4 years

Yuma Facility [Member] | Land [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

1,041

Las Vegas Facility [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 7,100

7,124

Number of tenants assumed | lease

2

Number of medical offices | building

2

Lessor, Operating Lease, Term of Contract

12 years

Las Vegas Facility [Member] | Land [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

311

Pensacola Facility [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 9,100

9,052

Number or leases assumed | lease

3

Number of tenants assumed | tenant

2

Number of medical offices | building

3

Lessor, Operating Lease, Term of Contract

9 years

Pensacola Facility [Member] | Land [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

1,786

Venice Facility [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 7,000

6,975

Number or leases assumed | lease

2

Number of medical offices | building

2

Lessor, Operating Lease, Term of Contract

5 years 6 months

Venice Facility [Member] | Land [Member]

Property, Plant and Equipment [Line Items]

Property, Plant and Equipment, Additions

$ 1,648

Credit Facility, Notes Payabl_3

Credit Facility, Notes Payable and Derivative Instruments - Schedule of outstanding borrowings under the Credit Facility (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Long-term Line of Credit	$ 521,641	$ 347,518
Revolving Credit Facility [Member]
Long-term Line of Credit	175,200	51,350
Term Loan [Member]
Long-term Line of Credit	350,000	300,000
Credit facility [Member]
Less: Unamortized deferred financing costs	$ (3,559)	$ (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	Dec. 31, 2020	Dec. 31, 2019
Credit Facility, Notes Payable and Derivative Instruments
Notes payable, gross	$ 66,349	$ 39,475
Less: Unamortized debt issuance costs	(835)	(667)
Cumulative principal repayment	(577)	(158)
Notes payable, net	$ 64,937	$ 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	Dec. 31, 2020	Jul. 31, 2020	Apr. 27, 2020	Dec. 31, 2019	Mar. 31, 2016
Rosedale Loan [Member]
Notes Payable and Revolving Credit Facility
2021	$ 361
2022	376
2023	391
2024	405
2025	13,158
Total	14,691	$ 14,800
Dumfries Loan [Member]
Notes Payable and Revolving Credit Facility
2021	275
2022	288
2023	302
2024	11,034
Total	11,899		$ 12,074
Cantor Loan [Member]
Notes Payable and Revolving Credit Facility
2021	282
2022	447
2023	471
2024	492
2025	523
Thereafter	29,882
Total	$ 32,097			$ 32,097	$ 32,097

Credit Facility, Notes Payabl_6

Credit Facility, Notes Payable and Derivative Instruments - Derivative Instruments (Details) $ in Millions	Dec. 31, 2020USD ($)item
Interest Rate Swap [Member]
Debt Instrument [Line Items]
Derivative, Number of Instruments Held | item	6
Derivative, Fixed Interest Rate	1.91%
Derivative, Notional Amount	$ 350
Wells Fargo Bank, N.A [Member] | Interest Rate Swap Agreement With Interest Rate 0.158 Percent Maturing August 2023 [Member]
Debt Instrument [Line Items]
Derivative, Fixed Interest Rate	0.16%
Derivative, Notional Amount	$ 50
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, Fixed Interest Rate	1.21%
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	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Credit Facility, Notes Payable and Derivative Instruments
Amount of loss recognized in other comprehensive loss	$ 16,451	$ 3,922	$ 3,919
Amount of loss reclassified from accumulated other comprehensive loss into interest expense	(4,906)	(969)	(198)
Total other comprehensive loss	$ 11,545	$ 2,953	$ 3,721

Credit Facility, Notes Payabl_8

Credit Facility, Notes Payable and Derivative Instruments (Details) $ in Thousands	Jul. 31, 2020USD ($)	Apr. 27, 2020USD ($)	Mar. 31, 2016USD ($)	Dec. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)	Sep. 25, 2015	Sep. 15, 2015USD ($)
Notes Payable and Revolving Credit Facility
Debt issuance and related costs				$ 342	$ 0
Amortization of Financing Costs				174	132	$ 131
Other Operating Activities, Cash Flow Statement				238,400	244,250
Increase (Decrease) in Security Deposits				129	2,199	2,024
Repayments of Lines of Credit				$ 64,550	$ 173,175
Debt Instrument, Term				2 years 9 months 14 days	3 years 9 months 3 days
Long-term Debt, Gross				$ 66,349	$ 39,475
Line Of Credit Cash Paid Other				952	1,039
Additional Interest Expense				6,211
Interest Expense, Total				$ 18,680	$ 17,472	14,975
Weighted average interest rate basis				3.17%	3.90%
Interest Rate Swap [Member]
Notes Payable and Revolving Credit Facility
Derivative Instruments in Hedges, Liabilities, at Fair Value				$ 18,086	$ 6,491
Credit Facility [Member]
Notes Payable and Revolving Credit Facility
Maximum consolidated leverage ratio under financial covenants				0.60
Fixed charge coverage ratio				1.50
Maximum ratio of total secured recourse debt to total asset value under financial covenants				0.10
Maximum percentage of A F F O distributions to common stockholders under financial covenants				95.00%
Covenant terms				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, (iv) a ratio of total secured recourse debt to total asset value of not greater than 0.10:1.00, and, (v) beginning at the end of the fourth quarter of 2020, a quarterly requirement that the Company’s distributions to common stockholders and OP Unit and LTIP Unit holders be limited to an amount equal to 95% of its AFFO
Covenant compliance				As of December 31, 2020, the Company complied with all of the financial and non-financial covenants contained in the Credit Facility.
Debt Instrument, Face Amount				$ 600,000
Minimum Net Worth Required for Compliance				$ 203,800
Net Proceeds raised Through Equity Offerings, Percent				75.00%
Revolving Credit Facility [Member]
Notes Payable and Revolving Credit Facility
Amortization of Financing Costs				$ 1,225	1,129	1,639
Increase (Decrease) in Security Deposits				14,669	14,237	11,371
Long-term Debt, Gross				173,850	71,075
Rosedale Loan [Member]
Notes Payable and Revolving Credit Facility
Long-term Debt, Total	$ 14,800			14,691
Debt Instrument, Interest Rate, Stated Percentage	3.85%
Interest Expense, Debt				249
Debt Instrument, Term	25 years
Principal payments made				109
Long-term Debt, Gross				14,691
Dumfries Loan [Member]
Notes Payable and Revolving Credit Facility
Long-term Debt, Total		$ 12,074		11,899
Debt Instrument, Interest Rate, Stated Percentage		4.68%
Interest Expense, Debt				383
Debt Instrument, Term		10 years
Principal payments made				175
Long-term Debt, Gross				11,899
Cantor Loan [Member]
Notes Payable and Revolving Credit Facility
Long-term Debt, Total			$ 32,097	32,097	32,097
Debt Instrument, Interest Rate, Stated Percentage			5.22%
Interest Expense, Debt				1,703	1,699	1,699
Debt Instrument, Term			30 years
Long-term Debt, Gross				32,097
West Mifflin Note Payable [Member]
Notes Payable and Revolving Credit Facility
Long-term Debt, Total				7,085	7,220			$ 7,378
Debt Instrument, Interest Rate, Stated Percentage							4.25%
Interest Expense, Debt				277	274	$ 280
Principal payments made				293	$ 136
Long-term Debt, Gross				$ 7,085
The Revolver [Member] | Credit Facility [Member]
Notes Payable and Revolving Credit Facility
Debt Instrument, Maturity Date				Aug. 31, 2022
Credit facility extension option period				1 year
Debt Instrument, Face Amount				$ 250,000
The Term loan [Member] | Credit Facility [Member]
Notes Payable and Revolving Credit Facility
Debt Instrument, Maturity Date				Aug. 31, 2023
Debt Instrument, Face Amount				$ 350,000
Accordion [Member] | Credit Facility [Member]
Notes Payable and Revolving Credit Facility
Debt Instrument, Face Amount				$ 50,000

Equity - Summary of Preferred S

Equity - Summary of Preferred Stock Dividend Activity (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018
Dividend Amount	$ 12,470				$ 11,091
Common Stock [Member]
Dividend Amount	$ 922				349
Preferred Stock [Member] | Dividend declared on December 13, 2018
Date Announced	Dec. 13, 2018
Record Date	Jan. 15, 2019
Payment Date	Jan. 31, 2019
Dividend Amount									$ 1,455
Dividends per Share									$ 0.46875
Preferred Stock [Member] | Dividend declared on March 6, 2019
Date Announced	Mar. 6, 2019
Record Date	Apr. 15, 2019
Payment Date	Apr. 30, 2019
Dividend Amount								$ 1,455
Dividends per Share								$ 0.46875
Preferred Stock [Member] | Dividend declared on June 14, 2019
Date Announced	Jun. 14, 2019
Record Date	Jul. 15, 2019
Payment Date	Jul. 31, 2019
Dividend Amount							$ 1,455
Dividends per Share							$ 0.46875
Preferred Stock [Member] | Dividend declared on September 13, 2019
Date Announced	Sep. 13, 2019
Record Date	Oct. 15, 2018
Payment Date	Oct. 31, 2019
Dividend Amount						$ 1,455
Dividends per Share						$ 0.46875
Preferred Stock [Member] | Dividend declared on December 13, 2019
Date Announced	Dec. 13, 2019
Record Date	Jan. 15, 2020
Payment Date	Jan. 31, 2020
Dividend Amount					$ 1,455
Dividends per Share					$ 0.46875
Preferred Stock [Member] | Dividend declared on March 4, 2020
Date Announced	Mar. 4, 2020
Record Date	Apr. 15, 2020
Payment Date	Apr. 30, 2020
Dividend Amount				$ 1,455
Dividends per Share				$ 0.46875
Preferred Stock [Member] | Dividend declared on June 12, 2020
Date Announced	Jun. 12, 2020
Record Date	Jul. 15, 2020
Payment Date	Jul. 31, 2020
Dividend Amount			$ 1,455
Dividends per Share			$ 0.46875
Preferred Stock [Member] | Dividend declared on September 3, 2020
Date Announced	Sep. 3, 2020
Record Date	Oct. 15, 2020
Payment Date	Oct. 31, 2020
Dividend Amount		$ 1,455
Dividends per Share		$ 0.46875
Preferred Stock [Member] | Dividend declared on December 16,2020
Date Announced	Dec. 16, 2020
Record Date	Jan. 15, 2021
Payment Date	Feb. 1, 2021
Dividend Amount	$ 1,455
Dividends per Share	$ 0.46875
Common Stock [Member] | Dividend declared on December 13, 2018
Date Announced	Dec. 13, 2018
Record Date	Dec. 26, 2018
Payment Date	Jan. 10, 2019
Dividend Amount									$ 5,695
Dividends per Share									$ 0.20
Common Stock [Member] | Dividend declared on March 6, 2019
Date Announced	Mar. 6, 2019
Record Date	Mar. 26, 2019
Payment Date	Apr. 10, 2019
Dividend Amount								$ 7,688
Dividends per Share								$ 0.20
Common Stock [Member] | Dividend declared on June 14, 2019
Date Announced	Jun. 14, 2019
Record Date	Jun. 26, 2019
Payment Date	Jul. 11, 2019
Dividend Amount							$ 7,699
Dividends per Share							$ 0.20
Common Stock [Member] | Dividend declared on September 13, 2019
Date Announced	Sep. 13, 2019
Record Date	Sep. 25, 2019
Payment Date	Oct. 10, 2019
Dividend Amount						$ 8,004
Dividends per Share						$ 0.20
Common Stock [Member] | Dividend declared on December 13, 2019
Date Announced	Dec. 13, 2019
Record Date	Dec. 26, 2019
Payment Date	Jan. 9, 2020
Dividend Amount					$ 9,541
Dividends per Share					$ 0.20
Common Stock [Member] | Dividend declared on March 4, 2020
Date Announced	Mar. 4, 2020
Record Date	Mar. 25, 2020
Payment Date	Apr. 9, 2020
Dividend Amount				$ 9,610
Dividends per Share				$ 0.20
Common Stock [Member] | Dividend declared on June 12, 2020
Date Announced	Jun. 12, 2020
Record Date	Jun. 25, 2020
Payment Date	Jul. 9, 2020
Dividend Amount			$ 9,861
Dividends per Share			$ 0.20
Common Stock [Member] | Dividend declared on September 3, 2020
Date Announced	Sep. 3, 2020
Record Date	Sep. 24, 2020
Payment Date	Oct. 8, 2020
Dividend Amount		$ 10,357
Dividends per Share		$ 0.20
Common Stock [Member] | Dividend declared on December 16,2020
Date Announced	Dec. 16, 2020
Record Date	Dec. 28, 2020
Payment Date	Jan. 11, 2021
Dividend Amount	$ 10,573
Dividends per Share	$ 0.20

Equity - Additional Information

Equity - Additional Information (Details) - USD ($) $ / shares in Units, $ in Thousands	Dec. 13, 2019	Mar. 18, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Aug. 17, 2020	Aug. 31, 2017
Preferred Stock, Shares Authorized			10,000,000	10,000,000
Preferred Stock, Par or Stated Value Per Share			$ 0.001	$ 0.001
Preferred Stock, Shares Issued			3,105,000	3,105,000
Preferred Stock, Shares Outstanding			3,105,000	3,105,000
Dividend Accrued			$ 970
Common Stock, Shares Authorized			500,000,000	500,000,000
Common Stock, Par or Stated Value Per Share			$ 0.001	$ 0.001
Common Stock, Shares, Outstanding			49,461,000	43,806,000
Authorized amount under sales agreement							$ 50,000
Gross proceeds			$ 53,088	$ 189,498	$ 37,307
Shares issued				2,632
Offering price (Dollars per share)				$ 11.24
Payments of Dividends, Total			5,822	$ 5,822	5,821
Payment Of Dividends Common Stock Op And Ltip Units			39,944	29,171	18,964
Dividends Payable			$ 12,470	$ 11,091
Partners' Capital Account, Units, Treasury Units Purchased			1,379,000	51,000
Partners' Capital Account, Treasury Units, Purchased			$ 17,882	$ 519
Limited Partners' Capital Account, Units Issued				49,000
Noncontrolling Interest, Increase from Subsidiary Equity Issuance					16,363
Partners' Capital Account, Units, Sale of Units			1,764,000	3,143,000
Limited Partners' Capital Account			$ 9,999	$ 27,881
IPO [Member]
Noncontrolling Interest, Increase from Subsidiary Equity Issuance				506
ATM
Gross proceeds			$ 53,717	29,073
Shares issued			4,248,000
Offering price (Dollars per share)			$ 12.84
ATM | Maximum
Authorized amount under sales agreement						$ 150,000
Common Stock [Member]
Gross proceeds	$ 84,702	$ 75,723
Shares issued	6,900,000	8,233,000
Offering price (Dollars per share)	$ 13	$ 9.75
Payments of Dividends, Total			$ 575	85
Dividends Payable			$ 922	349
Noncontrolling Interest, Increase from Subsidiary Equity Issuance				$ 0	$ 0
Series A Preferred Stock [Member]
Preferred Stock, Shares Issued			3,105,000	3,105,000
Preferred Stock, Shares Outstanding			3,105,000	3,105,000
Preferred Stock, Dividend Rate, Percentage			7.50%
Preferred Stock, Liquidation Preference Per Share			$ 25
Dividends Payable, Amount Per Share			1.875
Series A Cumulative Redeemable Preferred Stock [Member]
Preferred Stock, Par or Stated Value Per Share			$ 0.001
Long Term Incentives Plan Units Member
Dividends Payable			$ 927	$ 580

Related Party Transactions - Du

Related Party Transactions - Due to Related Parties, Net (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Related Party Transactions
Balance, Beginning	$ (1,648)
Balance, Ending	0	$ (1,648)
Funds for Various Purposes [Member]
Related Party Transactions
Balance, Beginning	50	61
Loan repayments from related parties		(11)
Loan to related parties	53
Balance, Ending	103	50	$ 61
Mgmt Fees Due To Advisor [Member]
Related Party Transactions
Balance, Beginning	(1,727)
Balance, Beginning	(1,727)	(1,143)
Management fee expense incurred	(4,024)	(6,266)	(4,422)
Management fees paid to Advisor	5,751	5,682
Balance, Ending	0	(1,727)
Balance, Ending		(1,727)	(1,143)
Funds Due from Advisor [Member]
Related Party Transactions
Balance, Beginning	79	52
Loans to Former Advisor	(79)	27
Balance, Ending		79	52
Due to Related party [Member]
Related Party Transactions
Balance, Beginning	(1,648)	(1,091)
Management fee expense incurred	(4,024)	(6,266)
Management fees paid to Advisor	5,751	5,682
Loans to Former Advisor	$ (79)	27
Balance, Ending		$ (1,648)	$ (1,091)

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Related Party Transactions
Base management fee, percent fee	1.50%
Due to Related Parties	$ 0	$ 0	$ 1,648
Incentive management fee		$ 0
Percentage of incentive fee to advisor	20.00%	20.00%
Return on equity hurdle rate		8.00%
Mgmt Fees Due To Advisor [Member]
Related Party Transactions
Management fee expense incurred		$ 4,024	6,266	$ 4,422
Due to Related Parties	$ 0	0	1,727
Incentive management fee		$ 0	$ 0	$ 0

Stock-Based Compensation - TRIP

Stock-Based Compensation - TRIP Unit Activity (Details) - shares	Mar. 05, 2021	Sep. 02, 2020	Aug. 23, 2020	Jul. 24, 2020	Jul. 09, 2020	May 12, 2020	Mar. 05, 2020	Mar. 03, 2020	Dec. 31, 2020
Vesting percentage									135.00%
Long Term Incentives Plan Units [Member]
Vesting percentage	50.00%						50.00%
2017 Program [Member]
Vesting percentage	50.00%
2017 Program [Member] | Long Term Incentives Plan Units [Member]
Number of units issued			21			14		155
2019 Annual Incentive Plan [Member] | Long Term Incentives Plan Units [Member]
Number of units issued								147
Long Term Incentive Plan 2020 [Member] | Long Term Incentives Plan Units [Member]
Number of units issued								43
2017 Performance Program [Member]
Vesting percentage	50.00%
Annual Award Agreements [Member] | Long Term Incentives Plan Units [Member]
Number of units issued		19
Share-based Compensation Award, Tranche One [Member] | 2017 Program [Member] | Long Term Incentives Plan Units [Member]
Vesting percentage									50.00%
Share-based Compensation Award, Tranche One [Member] | 2019 Annual Incentive Plan [Member] | Long Term Incentives Plan Units [Member]
Vesting percentage									50.00%
Share-based Compensation Award, Tranche One [Member] | Long Term Incentive Plan [Member] | Long-Term Awards [Member]
Vesting percentage									75.00%
Share-based Compensation Award, Tranche One [Member] | Long Term Incentive Plan [Member] | Long Term Incentives Plan Units [Member]
Vesting percentage									50.00%
Share-based Compensation Award, Tranche One [Member] | Long Term Incentive Plan 2020 [Member] | Long Term Incentives Plan Units [Member]
Vesting percentage									33.33%
Share-based Compensation Award, Tranche One [Member] | 2017 Performance Program [Member] | Long Term Incentives Plan Units [Member]
Vesting percentage									50.00%
Share-based Compensation Award, Tranche One [Member] | Annual Award Agreements [Member]
Vesting percentage									100.00%
Share-based Compensation Award, Tranche Two [Member] | 2017 Program [Member] | Long Term Incentives Plan Units [Member]
Vesting percentage									50.00%
Share-based Compensation Award, Tranche Two [Member] | 2019 Annual Incentive Plan [Member] | Long Term Incentives Plan Units [Member]
Vesting percentage									50.00%
Share-based Compensation Award, Tranche Two [Member] | Long Term Incentive Plan [Member] | Long-Term Awards [Member]
Vesting percentage									25.00%
Share-based Compensation Award, Tranche Two [Member] | Long Term Incentive Plan [Member] | Long Term Incentives Plan Units [Member]
Vesting percentage									50.00%
Share-based Compensation Award, Tranche Two [Member] | Long Term Incentive Plan 2020 [Member] | Long Term Incentives Plan Units [Member]
Vesting percentage									33.33%
Share-based Compensation Award, Tranche Two [Member] | 2017 Performance Program [Member] | Long Term Incentives Plan Units [Member]
Vesting percentage									50.00%
Share-based Payment Arrangement, Tranche Three [Member] | Long Term Incentive Plan 2020 [Member] | Long Term Incentives Plan Units [Member]
Vesting percentage									33.33%
Executives Employees [Member] | Retention Grants [Member] | Long Term Incentives Plan Units [Member]
Number of units issued					402
Executives Employees [Member] | Share-based Compensation Award, Tranche One [Member] | Retention Grants [Member]
Vesting percentage									25.00%
Executives Employees [Member] | Share-based Compensation Award, Tranche Two [Member] | Retention Grants [Member] | Long Term Incentives Plan Units [Member]
Vesting percentage									25.00%
Executives Employees [Member] | Share-based Payment Arrangement, Tranche Three [Member] | Retention Grants [Member] | Long Term Incentives Plan Units [Member]
Vesting percentage									25.00%
Executives Employees [Member] | Share-based Payment Arrangement, Tranche Four [Member] | Retention Grants [Member] | Long Term Incentives Plan Units [Member]
Vesting percentage									25.00%
Non Executive Employees [Member] | Retention Grants [Member] | Long Term Incentives Plan Units [Member]
Number of units issued				108
Non Executive Employees [Member] | Share-based Compensation Award, Tranche One [Member] | Retention Grants [Member] | Long Term Incentives Plan Units [Member]
Vesting percentage									25.00%
Non Executive Employees [Member] | Share-based Compensation Award, Tranche Two [Member] | Retention Grants [Member] | Long Term Incentives Plan Units [Member]
Vesting percentage									25.00%
Non Executive Employees [Member] | Share-based Payment Arrangement, Tranche Three [Member] | Retention Grants [Member] | Long Term Incentives Plan Units [Member]
Vesting percentage									25.00%
Non Executive Employees [Member] | Share-based Payment Arrangement, Tranche Four [Member] | Retention Grants [Member] | Long Term Incentives Plan Units [Member]
Vesting percentage									25.00%

Stock-Based Compensation - Vest

Stock-Based Compensation - Vested and unvested LTIP units (Details) shares in Thousands	12 Months Ended
	Dec. 31, 2020shares
Stock-Based Compensation
Total vested units	818
Total unvested units	821
LTIP Units outstanding as of September 30, 2020	1,639

Stock-Based Compensation - Long

Stock-Based Compensation - Long-Term Awards (Details) shares in Thousands	Dec. 31, 2020shares
Total target performance awards as of December 31, 2020	458
2018 Program [Member] | Long-Term Awards [Member]
Total target performance awards as of December 31, 2020	110
2019 Program [Member] | Long-Term Awards [Member]
Total target performance awards as of December 31, 2020	82
2020 Program [Member] | Annual Awards [Member]
Total target performance awards as of December 31, 2020	196
2020 Program [Member] | Long-Term Awards [Member]
Total target performance awards as of December 31, 2020	70

Stock-Based Compensation - Assu

Stock-Based Compensation - Assumptions Long-Term Awards (Details) - Long-Term Awards [Member] - $ / shares	12 Months Ended
	Dec. 31, 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 ($) $ in Thousands	Mar. 05, 2021	Mar. 05, 2020	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Share-based Compensation			$ 5,319	$ 3,336	$ 2,671
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized			$ 7,100
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition			2 years
Performance Goals For Awards			135%
Additional Earn Up Rate For Grantee			150.00%
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage			135.00%
2017 Program [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage	50.00%
Long Term Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period			3 years
2017 Performance Program [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage	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%
Long Term Incentives Plan Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Forfeitures			28
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage	50.00%	50.00%
Long Term Incentives Plan Units [Member] | 2016 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant			521

Leases - Aggregate annual minim

Leases - Aggregate annual minimum cash to be received by the Company on the noncancelable operating leases (Details) $ in Thousands	Dec. 31, 2020USD ($)
Leases
2021	$ 89,910
2022	89,977
2023	87,484
2024	80,554
2025	69,384
Thereafter	377,990
Total	$ 795,299

Leases - Scheduled obligations

Leases - Scheduled obligations for future minimum payments on operating ground leases (Details) $ in Thousands	Dec. 31, 2020USD ($)
Leases
2021	$ 390
2022	409
2023	174
2024	129
2025	129
Thereafter	4,498
Total	5,729
Discount	(2,772)
Lease liability	$ 2,957
Operating Lease, Liability, Statement of Financial Position [Extensible List]	Lease liability

Leases - Additional Information

Leases - Additional Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Leases
Operating Lease Average Remaining Lease Term	10 years
Rental revenue	$ 93,518	$ 70,515	$ 53,138
Variable lease payments	$ 4,924	5,341
Weighted average remaining term	41 years
Weighted average discount rate	7.50%
Lease Expense	$ 140	107
Paid in cash	$ 116	$ 107
Operating Lease, Liability, Statement of Financial Position [Extensible List]	Operating Lease, Liability

Rent Concentration (Details)

Rent Concentration (Details)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Concentration risk percentage			100.00%
Rental Revenue [Member]
Concentration risk percentage	5.00%
Encompass [Member]
Concentration risk percentage	8.00%	10.00%	11.00%
Belpre [Member]
Concentration risk percentage	6.00%	7.00%	8.00%
OCOM [Member]
Concentration risk percentage	5.00%	8.00%	9.00%
Austin [Member]
Concentration risk percentage	81.00%	5.00%	7.00%
Sherman [Member]
Concentration risk percentage	100.00%	5.00%	6.00%
East Dallas [Member]
Concentration risk percentage		65.00%	5.00%
Great Bend [Member]
Concentration risk percentage		100.00%	5.00%
All Other Facilities [Member]
Concentration risk percentage			49.00%

Subsequent Events - Additional

Subsequent Events - Additional Information (Details) - USD ($) $ / shares in Units, $ in Millions	Mar. 02, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Subsequent Events
Preferred Stock, Dividends Per Share, Declared		$ 1.875	$ 1.875	$ 1.875
Preferred Stock, Par or Stated Value Per Share		$ 0.001	$ 0.001
Interest Rate Swap [Member]
Subsequent Events
Derivative, Notional Amount		$ 350
Derivative, Fixed Interest Rate		1.91%
Series A Cumulative Redeemable Preferred Stock [Member]
Subsequent Events
Preferred Stock, Par or Stated Value Per Share		$ 0.001
Subsequent Event
Subsequent Events
Dividends per Share	$ 0.205
Dividends Payable, Date Declared	Mar. 2, 2021
Dividends Payable, Date of Record	Mar. 24, 2021
Dividends Payable, Date to be Paid	Apr. 8, 2021
Subsequent Event | Series A Cumulative Redeemable Preferred Stock [Member]
Subsequent Events
Dividends Payable, Date Declared	Mar. 2, 2021
Preferred Stock, Dividends Per Share, Declared	$ 0.46875
Dividends Payable, Date of Record	Apr. 15, 2021
Dividends Payable, Date to be Paid	Apr. 30, 2021

Selected Quarterly Financial _3

Selected Quarterly Financial Data (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Selected Quarterly Financial Data
Total revenue	$ 24,930	$ 25,097	$ 22,055	$ 21,649	$ 20,452	$ 18,195	$ 16,880	$ 15,200	$ 93,730	$ 70,726	$ 53,192
Total expenses	22,338	34,677	20,383	18,832	17,677	15,887	14,418	13,157	96,229	61,138	46,306
Income before gain on sale of investment property									(2,499)	9,588	6,886
Gain on sale of investment property									0	0	7,675
Net income	2,592	(9,580)	1,672	2,817	2,775	2,308	2,462	2,043	(2,499)	9,588	14,561
Less: Preferred stock dividends	(1,455)	(1,455)	(1,455)	(1,455)	(1,455)	(1,455)	(1,455)	(1,455)	(5,822)	(5,822)	(5,822)
Less: Net loss (income) attributable to noncontrolling interest	(74)	767	(13)	(107)	(108)	(83)	(103)	(60)	574	(354)	(1,071)
Net income (loss) attributable to common stockholders	$ 1,063	$ (10,268)	$ 204	$ 1,255	$ 1,212	$ 770	$ 904	$ 528	$ (7,747)	$ 3,412	$ 7,668
Net income (loss) attributable to common stockholders per share - basic and diluted	$ 0.02	$ (0.22)	$ 0	$ 0.03	$ 0.03	$ 0.02	$ 0.03	$ 0.02	$ (0.17)	$ 0.10	$ 0.35
Weighted average shares outstanding - basic and diluted	48,496	46,908	45,404	44,182	37,876	35,512	34,559	27,380	46,256	33,865	21,971

SCHEDULE III-CONSOLIDATED REA_2

SCHEDULE III-CONSOLIDATED REAL ESTATE AND ACCUMULATED DEPRECIATION (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Gross Value at Close of Period
Total Assets	$ 1,044,671	$ 832,735	$ 604,398	$ 439,857
Accumulated Depreciation	69,563	42,828	$ 23,762	$ 11,253
Credit facility balance	525,200
Note balance	66,349	$ 39,475
Investments at cost for income tax purposes	1,122,000
Units issued		49
Value of units issued		$ 506
West Mifflin Note Payable [Member]
Gross Value at Close of Period
Note balance	7,085
Cantor Loan [Member]
Gross Value at Close of Period
Note balance	32,097
Dumfries Loan [Member]
Gross Value at Close of Period
Note balance	11,899
Rosedale Loan [Member]
Gross Value at Close of Period
Note balance	14,691
Buildings
Initial Costs
Building & Improvements	894,967
Costs Capitalized Subsequent to Acquisition
Building & Improvements	5,664
Gross Value at Close of Period
Building & Improvements	900,631
Site improvements
Initial Costs
Land & Improvement	143,666
Costs Capitalized Subsequent to Acquisition
Land & Improvements	374
Gross Value at Close of Period
Land & Improvements	144,040
Omaha-LTACH
Gross Value at Close of Period
Total Assets	21,867
Accumulated Depreciation	3,592
Omaha-LTACH | Buildings
Initial Costs
Building & Improvements	21,867
Gross Value at Close of Period
Building & Improvements	21,867
Asheville-ASC
Gross Value at Close of Period
Total Assets	2,506
Accumulated Depreciation	304
Asheville-ASC | Buildings
Initial Costs
Building & Improvements	1,934
Gross Value at Close of Period
Building & Improvements	1,934
Asheville-ASC | Site improvements
Initial Costs
Land & Improvement	572
Gross Value at Close of Period
Land & Improvements	572
Pittsburgh-MOB/ASC
Gross Value at Close of Period
Total Assets	11,609
Accumulated Depreciation	1,360
Pittsburgh-MOB/ASC | Buildings
Initial Costs
Building & Improvements	10,322
Gross Value at Close of Period
Building & Improvements	10,322
Pittsburgh-MOB/ASC | Site improvements
Initial Costs
Land & Improvement	1,287
Gross Value at Close of Period
Land & Improvements	1,287
Memphis-MOB/ASC
Gross Value at Close of Period
Total Assets	20,156
Accumulated Depreciation	2,166
Memphis-MOB/ASC | Buildings
Initial Costs
Building & Improvements	17,451
Gross Value at Close of Period
Building & Improvements	17,451
Memphis-MOB/ASC | Site improvements
Initial Costs
Land & Improvement	2,705
Gross Value at Close of Period
Land & Improvements	2,705
Plano-Surgical Hospital
Gross Value at Close of Period
Total Assets	17,746
Accumulated Depreciation	2,057
Plano-Surgical Hospital | Buildings
Initial Costs
Building & Improvements	16,696
Gross Value at Close of Period
Building & Improvements	16,696
Plano-Surgical Hospital | Site improvements
Initial Costs
Land & Improvement	1,050
Gross Value at Close of Period
Land & Improvements	1,050
Westland-MOB/ASC
Gross Value at Close of Period
Total Assets	4,750
Accumulated Depreciation	537
Westland-MOB/ASC | Buildings
Initial Costs
Building & Improvements	4,520
Gross Value at Close of Period
Building & Improvements	4,520
Westland-MOB/ASC | Site improvements
Initial Costs
Land & Improvement	230
Gross Value at Close of Period
Land & Improvements	230
Melbourne-MOB/ Imaging
Gross Value at Close of Period
Total Assets	15,450
Accumulated Depreciation	1,693
Melbourne-MOB/ Imaging | Buildings
Initial Costs
Building & Improvements	14,250
Gross Value at Close of Period
Building & Improvements	14,250
Melbourne-MOB/ Imaging | Site improvements
Initial Costs
Land & Improvement	1,200
Gross Value at Close of Period
Land & Improvements	1,200
Reading-MOB/ASC
Gross Value at Close of Period
Total Assets	9,380
Accumulated Depreciation	884
Reading-MOB/ASC | Buildings
Initial Costs
Building & Improvements	7,940
Gross Value at Close of Period
Building & Improvements	7,940
Reading-MOB/ASC | Site improvements
Initial Costs
Land & Improvement	1,440
Gross Value at Close of Period
Land & Improvements	1,440
East Orange-MOB
Gross Value at Close of Period
Total Assets	12,262
Accumulated Depreciation	1,076
East Orange-MOB | Buildings
Initial Costs
Building & Improvements	10,112
Gross Value at Close of Period
Building & Improvements	10,112
East Orange-MOB | Site improvements
Initial Costs
Land & Improvement	2,150
Gross Value at Close of Period
Land & Improvements	2,150
Watertown- MOB/ Imaging
Gross Value at Close of Period
Total Assets	9,245
Accumulated Depreciation	870
Watertown- MOB/ Imaging | Buildings
Initial Costs
Building & Improvements	8,002
Costs Capitalized Subsequent to Acquisition
Building & Improvements	98
Gross Value at Close of Period
Building & Improvements	8,100
Watertown- MOB/ Imaging | Site improvements
Initial Costs
Land & Improvement	1,100
Costs Capitalized Subsequent to Acquisition
Land & Improvements	45
Gross Value at Close of Period
Land & Improvements	1,145
Sandusky-MOB
Gross Value at Close of Period
Total Assets	11,501
Accumulated Depreciation	1,212
Sandusky-MOB | Buildings
Initial Costs
Building & Improvements	10,710
Gross Value at Close of Period
Building & Improvements	10,710
Sandusky-MOB | Site improvements
Initial Costs
Land & Improvement	791
Gross Value at Close of Period
Land & Improvements	791
Carson City-MOB
Gross Value at Close of Period
Total Assets	4,028
Accumulated Depreciation	341
Carson City-MOB | Buildings
Initial Costs
Building & Improvements	3,268
Gross Value at Close of Period
Building & Improvements	3,268
Carson City-MOB | Site improvements
Initial Costs
Land & Improvement	760
Gross Value at Close of Period
Land & Improvements	760
Ellijay-MOB
Gross Value at Close of Period
Total Assets	4,251
Accumulated Depreciation	525
Ellijay-MOB | Buildings
Initial Costs
Building & Improvements	3,337
Gross Value at Close of Period
Building & Improvements	3,337
Ellijay-MOB | Site improvements
Initial Costs
Land & Improvement	914
Gross Value at Close of Period
Land & Improvements	914
Altoona-IRF
Gross Value at Close of Period
Total Assets	19,689
Accumulated Depreciation	2,145
Altoona-IRF | Buildings
Initial Costs
Building & Improvements	18,505
Gross Value at Close of Period
Building & Improvements	18,505
Altoona-IRF | Site improvements
Initial Costs
Land & Improvement	1,184
Gross Value at Close of Period
Land & Improvements	1,184
Mechanicsburg-IRF
Gross Value at Close of Period
Total Assets	22,261
Accumulated Depreciation	2,427
Mechanicsburg-IRF | Buildings
Initial Costs
Building & Improvements	21,451
Gross Value at Close of Period
Building & Improvements	21,451
Mechanicsburg-IRF | Site improvements
Initial Costs
Land & Improvement	810
Gross Value at Close of Period
Land & Improvements	810
Mesa-IRF
Gross Value at Close of Period
Total Assets	19,885
Accumulated Depreciation	2,140
Mesa-IRF | Buildings
Initial Costs
Building & Improvements	16,265
Gross Value at Close of Period
Building & Improvements	16,265
Mesa-IRF | Site improvements
Initial Costs
Land & Improvement	3,620
Gross Value at Close of Period
Land & Improvements	3,620
Lewisburg-MOB/ Imaging
Gross Value at Close of Period
Total Assets	6,795
Accumulated Depreciation	947
Lewisburg-MOB/ Imaging | Buildings
Initial Costs
Building & Improvements	6,114
Gross Value at Close of Period
Building & Improvements	6,114
Lewisburg-MOB/ Imaging | Site improvements
Initial Costs
Land & Improvement	681
Gross Value at Close of Period
Land & Improvements	681
Cape Coral-MOB
Gross Value at Close of Period
Total Assets	7,370
Accumulated Depreciation	556
Cape Coral-MOB | Buildings
Initial Costs
Building & Improvements	7,017
Gross Value at Close of Period
Building & Improvements	7,017
Cape Coral-MOB | Site improvements
Initial Costs
Land & Improvement	353
Gross Value at Close of Period
Land & Improvements	353
Las Cruces-MOB
Gross Value at Close of Period
Total Assets	5,087
Accumulated Depreciation	520
Las Cruces-MOB | Buildings
Initial Costs
Building & Improvements	4,618
Costs Capitalized Subsequent to Acquisition
Building & Improvements	32
Gross Value at Close of Period
Building & Improvements	4,650
Las Cruces-MOB | Site improvements
Initial Costs
Land & Improvement	397
Costs Capitalized Subsequent to Acquisition
Land & Improvements	40
Gross Value at Close of Period
Land & Improvements	437
Prescott-MOB
Gross Value at Close of Period
Total Assets	4,612
Accumulated Depreciation	297
Prescott-MOB | Buildings
Initial Costs
Building & Improvements	3,821
Gross Value at Close of Period
Building & Improvements	3,821
Prescott-MOB | Site improvements
Initial Costs
Land & Improvement	791
Gross Value at Close of Period
Land & Improvements	791
Clermont-MOB
Gross Value at Close of Period
Total Assets	4,567
Accumulated Depreciation	408
Clermont-MOB | Buildings
Initial Costs
Building & Improvements	4,422
Gross Value at Close of Period
Building & Improvements	4,422
Clermont-MOB | Site improvements
Initial Costs
Land & Improvement	145
Gross Value at Close of Period
Land & Improvements	145
Oklahoma City-Surgical Hospital/ Physical Therapy/ASC
Gross Value at Close of Period
Total Assets	41,677
Accumulated Depreciation	4,196
Oklahoma City-Surgical Hospital/ Physical Therapy/ASC | Buildings
Initial Costs
Building & Improvements	38,724
Gross Value at Close of Period
Building & Improvements	38,724
Oklahoma City-Surgical Hospital/ Physical Therapy/ASC | Site improvements
Initial Costs
Land & Improvement	2,953
Gross Value at Close of Period
Land & Improvements	2,953
Brockport-MOB
Gross Value at Close of Period
Total Assets	7,790
Accumulated Depreciation	844
Brockport-MOB | Buildings
Initial Costs
Building & Improvements	7,097
Gross Value at Close of Period
Building & Improvements	7,097
Brockport-MOB | Site improvements
Initial Costs
Land & Improvement	693
Gross Value at Close of Period
Land & Improvements	693
Flower Mound-ASC
Gross Value at Close of Period
Total Assets	3,885
Accumulated Depreciation	376
Flower Mound-ASC | Buildings
Initial Costs
Building & Improvements	3,155
Gross Value at Close of Period
Building & Improvements	3,155
Flower Mound-ASC | Site improvements
Initial Costs
Land & Improvement	730
Gross Value at Close of Period
Land & Improvements	730
Sherman-IRF/ LTACH
Gross Value at Close of Period
Total Assets	29,059
Accumulated Depreciation	2,389
Sherman-IRF/ LTACH | Buildings
Initial Costs
Building & Improvements	25,011
Costs Capitalized Subsequent to Acquisition
Building & Improvements	2,447
Gross Value at Close of Period
Building & Improvements	27,458
Sherman-IRF/ LTACH | Site improvements
Initial Costs
Land & Improvement	1,601
Gross Value at Close of Period
Land & Improvements	1,601
Lubbock-MOB
Gross Value at Close of Period
Total Assets	7,291
Accumulated Depreciation	767
Lubbock-MOB | Buildings
Initial Costs
Building & Improvements	5,725
Gross Value at Close of Period
Building & Improvements	5,725
Lubbock-MOB | Site improvements
Initial Costs
Land & Improvement	1,566
Gross Value at Close of Period
Land & Improvements	1,566
Germantown-MOB/ASC
Gross Value at Close of Period
Total Assets	11,435
Accumulated Depreciation	1,157
Germantown-MOB/ASC | Buildings
Initial Costs
Building & Improvements	8,385
Gross Value at Close of Period
Building & Improvements	8,385
Germantown-MOB/ASC | Site improvements
Initial Costs
Land & Improvement	3,050
Gross Value at Close of Period
Land & Improvements	3,050
Austin-IRF
Gross Value at Close of Period
Total Assets	36,839
Accumulated Depreciation	2,505
Austin-IRF | Buildings
Initial Costs
Building & Improvements	29,616
Gross Value at Close of Period
Building & Improvements	29,616
Austin-IRF | Site improvements
Initial Costs
Land & Improvement	7,223
Gross Value at Close of Period
Land & Improvements	7,223
Fort Worth-MOB
Gross Value at Close of Period
Total Assets	5,464
Accumulated Depreciation	410
Fort Worth-MOB | Buildings
Initial Costs
Building & Improvements	3,726
Gross Value at Close of Period
Building & Improvements	3,726
Fort Worth-MOB | Site improvements
Initial Costs
Land & Improvement	1,738
Gross Value at Close of Period
Land & Improvements	1,738
Albertville-MOB
Gross Value at Close of Period
Total Assets	5,598
Accumulated Depreciation	725
Albertville-MOB | Buildings
Initial Costs
Building & Improvements	4,444
Gross Value at Close of Period
Building & Improvements	4,444
Albertville-MOB | Site improvements
Initial Costs
Land & Improvement	1,154
Gross Value at Close of Period
Land & Improvements	1,154
Moline-MOB/ASC
Gross Value at Close of Period
Total Assets	10,091
Accumulated Depreciation	988
Moline-MOB/ASC | Buildings
Initial Costs
Building & Improvements	9,237
Gross Value at Close of Period
Building & Improvements	9,237
Moline-MOB/ASC | Site improvements
Initial Costs
Land & Improvement	854
Gross Value at Close of Period
Land & Improvements	854
Lee's Summit-MOB
Gross Value at Close of Period
Total Assets	3,500
Accumulated Depreciation	467
Lee's Summit-MOB | Buildings
Initial Costs
Building & Improvements	2,929
Gross Value at Close of Period
Building & Improvements	2,929
Lee's Summit-MOB | Site improvements
Initial Costs
Land & Improvement	571
Gross Value at Close of Period
Land & Improvements	571
Amarillo-MOB
Gross Value at Close of Period
Total Assets	8,691
Accumulated Depreciation	495
Amarillo-MOB | Buildings
Initial Costs
Building & Improvements	7,254
Gross Value at Close of Period
Building & Improvements	7,254
Amarillo-MOB | Site improvements
Initial Costs
Land & Improvement	1,437
Gross Value at Close of Period
Land & Improvements	1,437
Wyomissing-MOB
Gross Value at Close of Period
Total Assets	5,737
Accumulated Depreciation	350
Wyomissing-MOB | Buildings
Initial Costs
Building & Improvements	5,250
Gross Value at Close of Period
Building & Improvements	5,250
Wyomissing-MOB | Site improvements
Initial Costs
Land & Improvement	487
Gross Value at Close of Period
Land & Improvements	487
Saint George-MOB/ASC
Gross Value at Close of Period
Total Assets	5,883
Accumulated Depreciation	403
Saint George-MOB/ASC | Buildings
Initial Costs
Building & Improvements	5,372
Costs Capitalized Subsequent to Acquisition
Building & Improvements	76
Gross Value at Close of Period
Building & Improvements	5,448
Saint George-MOB/ASC | Site improvements
Initial Costs
Land & Improvement	435
Gross Value at Close of Period
Land & Improvements	435
Silvis-MOB
Gross Value at Close of Period
Total Assets	6,672
Accumulated Depreciation	790
Silvis-MOB | Buildings
Initial Costs
Building & Improvements	5,862
Costs Capitalized Subsequent to Acquisition
Building & Improvements	561
Gross Value at Close of Period
Building & Improvements	6,423
Silvis-MOB | Site improvements
Initial Costs
Land & Improvement	249
Gross Value at Close of Period
Land & Improvements	249
Fremont-MOB
Gross Value at Close of Period
Total Assets	8,497
Accumulated Depreciation	575
Fremont-MOB | Buildings
Initial Costs
Building & Improvements	8,335
Gross Value at Close of Period
Building & Improvements	8,335
Fremont-MOB | Site improvements
Initial Costs
Land & Improvement	162
Gross Value at Close of Period
Land & Improvements	162
Gainesville-MOB/ASC
Gross Value at Close of Period
Total Assets	11,064
Accumulated Depreciation	724
Gainesville-MOB/ASC | Buildings
Initial Costs
Building & Improvements	9,885
Costs Capitalized Subsequent to Acquisition
Building & Improvements	554
Gross Value at Close of Period
Building & Improvements	10,439
Gainesville-MOB/ASC | Site improvements
Initial Costs
Land & Improvement	625
Gross Value at Close of Period
Land & Improvements	625
East Dallas-Acute Hospital
Gross Value at Close of Period
Total Assets	23,284
Accumulated Depreciation	1,606
East Dallas-Acute Hospital | Buildings
Initial Costs
Building & Improvements	17,012
Gross Value at Close of Period
Building & Improvements	17,012
East Dallas-Acute Hospital | Site improvements
Initial Costs
Land & Improvement	6,272
Gross Value at Close of Period
Land & Improvements	6,272
Orlando-MOB
Gross Value at Close of Period
Total Assets	15,019
Accumulated Depreciation	1,059
Orlando-MOB | Buildings
Initial Costs
Building & Improvements	11,944
Gross Value at Close of Period
Building & Improvements	11,944
Orlando-MOB | Site improvements
Initial Costs
Land & Improvement	3,075
Gross Value at Close of Period
Land & Improvements	3,075
Belpre-MOB/ Imaging/ER/ ASC
Gross Value at Close of Period
Total Assets	57,517
Accumulated Depreciation	3,956
Belpre-MOB/ Imaging/ER/ ASC | Buildings
Initial Costs
Building & Improvements	53,520
Gross Value at Close of Period
Building & Improvements	53,520
Belpre-MOB/ Imaging/ER/ ASC | Site improvements
Initial Costs
Land & Improvement	3,997
Gross Value at Close of Period
Land & Improvements	3,997
McAllen-MOB
Gross Value at Close of Period
Total Assets	5,395
Accumulated Depreciation	357
McAllen-MOB | Buildings
Initial Costs
Building & Improvements	4,296
Gross Value at Close of Period
Building & Improvements	4,296
McAllen-MOB | Site improvements
Initial Costs
Land & Improvement	1,099
Gross Value at Close of Period
Land & Improvements	1,099
Derby-ASC
Gross Value at Close of Period
Total Assets	3,207
Accumulated Depreciation	265
Derby-ASC | Buildings
Initial Costs
Building & Improvements	2,585
Costs Capitalized Subsequent to Acquisition
Building & Improvements	55
Gross Value at Close of Period
Building & Improvements	2,640
Derby-ASC | Site improvements
Initial Costs
Land & Improvement	567
Gross Value at Close of Period
Land & Improvements	567
Bountiful-MOB
Gross Value at Close of Period
Total Assets	4,930
Accumulated Depreciation	246
Bountiful-MOB | Buildings
Initial Costs
Building & Improvements	4,185
Costs Capitalized Subsequent to Acquisition
Building & Improvements	25
Gross Value at Close of Period
Building & Improvements	4,210
Bountiful-MOB | Site improvements
Initial Costs
Land & Improvement	720
Gross Value at Close of Period
Land & Improvements	720
Cincinnati-MOB
Gross Value at Close of Period
Total Assets	3,634
Accumulated Depreciation	284
Cincinnati-MOB | Buildings
Initial Costs
Building & Improvements	1,811
Gross Value at Close of Period
Building & Improvements	1,811
Cincinnati-MOB | Site improvements
Initial Costs
Land & Improvement	1,823
Gross Value at Close of Period
Land & Improvements	1,823
Melbourne Pine-Cancer Center
Gross Value at Close of Period
Total Assets	7,397
Accumulated Depreciation	404
Melbourne Pine-Cancer Center | Buildings
Initial Costs
Building & Improvements	5,980
Costs Capitalized Subsequent to Acquisition
Building & Improvements	685
Gross Value at Close of Period
Building & Improvements	6,665
Melbourne Pine-Cancer Center | Site improvements
Initial Costs
Land & Improvement	732
Gross Value at Close of Period
Land & Improvements	732
Southern IL-MOB
Gross Value at Close of Period
Total Assets	14,490
Accumulated Depreciation	769
Southern IL-MOB | Buildings
Initial Costs
Building & Improvements	12,660
Gross Value at Close of Period
Building & Improvements	12,660
Southern IL-MOB | Site improvements
Initial Costs
Land & Improvement	1,830
Gross Value at Close of Period
Land & Improvements	1,830
Vernon-MOB/ Dialysis/ Administrative
Gross Value at Close of Period
Total Assets	11,095
Accumulated Depreciation	684
Vernon-MOB/ Dialysis/ Administrative | Buildings
Initial Costs
Building & Improvements	9,929
Gross Value at Close of Period
Building & Improvements	9,929
Vernon-MOB/ Dialysis/ Administrative | Site improvements
Initial Costs
Land & Improvement	1,166
Gross Value at Close of Period
Land & Improvements	1,166
Corona
Gross Value at Close of Period
Total Assets	16,290
Accumulated Depreciation	736
Corona | Buildings
Initial Costs
Building & Improvements	14,689
Gross Value at Close of Period
Building & Improvements	14,689
Corona | Site improvements
Initial Costs
Land & Improvement	1,601
Gross Value at Close of Period
Land & Improvements	1,601
Zachary-LTACH
Gross Value at Close of Period
Total Assets	3,848
Accumulated Depreciation	210
Zachary-LTACH | Buildings
Initial Costs
Building & Improvements	3,745
Gross Value at Close of Period
Building & Improvements	3,745
Zachary-LTACH | Site improvements
Initial Costs
Land & Improvement	103
Gross Value at Close of Period
Land & Improvements	103
Chandler -MOB/ASC
Gross Value at Close of Period
Total Assets	16,290
Accumulated Depreciation	626
Chandler -MOB/ASC | Buildings
Initial Costs
Building & Improvements	11,643
Costs Capitalized Subsequent to Acquisition
Building & Improvements	31
Gross Value at Close of Period
Building & Improvements	11,674
Chandler -MOB/ASC | Site improvements
Initial Costs
Land & Improvement	4,616
Gross Value at Close of Period
Land & Improvements	4,616
GMR Surprise-IRF
Gross Value at Close of Period
Total Assets	24,825
Accumulated Depreciation	1,346
GMR Surprise-IRF | Buildings
Initial Costs
Building & Improvements	22,856
Gross Value at Close of Period
Building & Improvements	22,856
GMR Surprise-IRF | Site improvements
Initial Costs
Land & Improvement	1,966
Costs Capitalized Subsequent to Acquisition
Land & Improvements	3
Gross Value at Close of Period
Land & Improvements	1,969
South Bend-IRF
Gross Value at Close of Period
Total Assets	13,880
Accumulated Depreciation	1,060
South Bend-IRF | Buildings
Initial Costs
Building & Improvements	11,882
Gross Value at Close of Period
Building & Improvements	11,882
South Bend-IRF | Site improvements
Initial Costs
Land & Improvement	1,998
Gross Value at Close of Period
Land & Improvements	1,998
Las Vegas-IRF
Gross Value at Close of Period
Total Assets	20,205
Accumulated Depreciation	1,378
Las Vegas-IRF | Buildings
Initial Costs
Building & Improvements	17,482
Gross Value at Close of Period
Building & Improvements	17,482
Las Vegas-IRF | Site improvements
Initial Costs
Land & Improvement	2,723
Gross Value at Close of Period
Land & Improvements	2,723
Oklahoma Northwest-IRF
Gross Value at Close of Period
Total Assets	25,052
Accumulated Depreciation	1,389
Oklahoma Northwest-IRF | Buildings
Initial Costs
Building & Improvements	22,545
Gross Value at Close of Period
Building & Improvements	22,545
Oklahoma Northwest-IRF | Site improvements
Initial Costs
Land & Improvement	2,507
Gross Value at Close of Period
Land & Improvements	2,507
San Marcos-Cancer Center
Gross Value at Close of Period
Total Assets	9,786
Accumulated Depreciation	358
San Marcos-Cancer Center | Buildings
Initial Costs
Building & Improvements	7,338
Gross Value at Close of Period
Building & Improvements	7,338
San Marcos-Cancer Center | Site improvements
Initial Costs
Land & Improvement	2,448
Gross Value at Close of Period
Land & Improvements	2,448
Lansing Patient-MOB /ASC
Gross Value at Close of Period
Total Assets	10,036
Accumulated Depreciation	536
Lansing Patient-MOB /ASC | Buildings
Initial Costs
Building & Improvements	8,348
Costs Capitalized Subsequent to Acquisition
Building & Improvements	99
Gross Value at Close of Period
Building & Improvements	8,447
Lansing Patient-MOB /ASC | Site improvements
Initial Costs
Land & Improvement	1,387
Costs Capitalized Subsequent to Acquisition
Land & Improvements	202
Gross Value at Close of Period
Land & Improvements	1,589
Bannockburn-MOB
Gross Value at Close of Period
Total Assets	5,947
Accumulated Depreciation	530
Bannockburn-MOB | Buildings
Initial Costs
Building & Improvements	4,700
Costs Capitalized Subsequent to Acquisition
Building & Improvements	268
Gross Value at Close of Period
Building & Improvements	4,968
Bannockburn-MOB | Site improvements
Initial Costs
Land & Improvement	895
Costs Capitalized Subsequent to Acquisition
Land & Improvements	84
Gross Value at Close of Period
Land & Improvements	979
Aurora-Office
Gross Value at Close of Period
Total Assets	9,878
Accumulated Depreciation	460
Aurora-Office | Buildings
Initial Costs
Building & Improvements	8,049
Gross Value at Close of Period
Building & Improvements	8,049
Aurora-Office | Site improvements
Initial Costs
Land & Improvement	1,829
Gross Value at Close of Period
Land & Improvements	1,829
Livonia-MOB/Urgent Care
Gross Value at Close of Period
Total Assets	9,527
Accumulated Depreciation	683
Livonia-MOB/Urgent Care | Buildings
Initial Costs
Building & Improvements	8,071
Costs Capitalized Subsequent to Acquisition
Building & Improvements	275
Gross Value at Close of Period
Building & Improvements	8,346
Livonia-MOB/Urgent Care | Site improvements
Initial Costs
Land & Improvement	1,181
Gross Value at Close of Period
Land & Improvements	1,181
Gilbert-MOB/ASC
Gross Value at Close of Period
Total Assets	4,859
Accumulated Depreciation	142
Gilbert-MOB/ASC | Buildings
Initial Costs
Building & Improvements	2,389
Gross Value at Close of Period
Building & Improvements	2,389
Gilbert-MOB/ASC | Site improvements
Initial Costs
Land & Improvement	2,470
Gross Value at Close of Period
Land & Improvements	2,470
Morgantown-Office
Gross Value at Close of Period
Total Assets	7,048
Accumulated Depreciation	261
Morgantown-Office | Buildings
Initial Costs
Building & Improvements	5,792
Gross Value at Close of Period
Building & Improvements	5,792
Morgantown-Office | Site improvements
Initial Costs
Land & Improvement	1,256
Gross Value at Close of Period
Land & Improvements	1,256
Beaumont-Surgical Hospital
Gross Value at Close of Period
Total Assets	29,293
Accumulated Depreciation	902
Beaumont-Surgical Hospital | Buildings
Initial Costs
Building & Improvements	25,872
Gross Value at Close of Period
Building & Improvements	25,872
Beaumont-Surgical Hospital | Site improvements
Initial Costs
Land & Improvement	3,421
Gross Value at Close of Period
Land & Improvements	3,421
Bastrop-Freestanding ED
Gross Value at Close of Period
Total Assets	10,751
Accumulated Depreciation	330
Bastrop-Freestanding ED | Buildings
Initial Costs
Building & Improvements	8,712
Gross Value at Close of Period
Building & Improvements	8,712
Bastrop-Freestanding ED | Site improvements
Initial Costs
Land & Improvement	2,039
Gross Value at Close of Period
Land & Improvements	2,039
Panama City-MOB/ASC
Gross Value at Close of Period
Total Assets	11,497
Accumulated Depreciation	424
Panama City-MOB/ASC | Buildings
Initial Costs
Building & Improvements	9,718
Gross Value at Close of Period
Building & Improvements	9,718
Panama City-MOB/ASC | Site improvements
Initial Costs
Land & Improvement	1,779
Gross Value at Close of Period
Land & Improvements	1,779
Jacksonville-MOB
Gross Value at Close of Period
Total Assets	8,869
Accumulated Depreciation	231
Jacksonville-MOB | Buildings
Initial Costs
Building & Improvements	7,846
Gross Value at Close of Period
Building & Improvements	7,846
Jacksonville-MOB | Site improvements
Initial Costs
Land & Improvement	1,023
Gross Value at Close of Period
Land & Improvements	1,023
Greenwood-MOB/ASC
Gross Value at Close of Period
Total Assets	5,848
Accumulated Depreciation	199
Greenwood-MOB/ASC | Buildings
Initial Costs
Building & Improvements	4,956
Gross Value at Close of Period
Building & Improvements	4,956
Greenwood-MOB/ASC | Site improvements
Initial Costs
Land & Improvement	892
Gross Value at Close of Period
Land & Improvements	892
Clinton-MOB/ASC
Gross Value at Close of Period
Total Assets	9,135
Accumulated Depreciation	631
Clinton-MOB/ASC | Buildings
Initial Costs
Building & Improvements	8,129
Gross Value at Close of Period
Building & Improvements	8,129
Clinton-MOB/ASC | Site improvements
Initial Costs
Land & Improvement	1,006
Gross Value at Close of Period
Land & Improvements	1,006
High Point-MOB
Gross Value at Close of Period
Total Assets	23,425
Accumulated Depreciation	709
High Point-MOB | Buildings
Initial Costs
Building & Improvements	21,236
Gross Value at Close of Period
Building & Improvements	21,236
High Point-MOB | Site improvements
Initial Costs
Land & Improvement	2,189
Gross Value at Close of Period
Land & Improvements	2,189
West Allis-MOB
Gross Value at Close of Period
Total Assets	8,896
Accumulated Depreciation	198
West Allis-MOB | Buildings
Initial Costs
Building & Improvements	7,785
Gross Value at Close of Period
Building & Improvements	7,785
West Allis-MOB | Site improvements
Initial Costs
Land & Improvement	1,111
Gross Value at Close of Period
Land & Improvements	1,111
Grand Rapids-MOB/ASC
Gross Value at Close of Period
Total Assets	21,258
Accumulated Depreciation	570
Grand Rapids-MOB/ASC | Buildings
Initial Costs
Building & Improvements	17,810
Costs Capitalized Subsequent to Acquisition
Building & Improvements	27
Gross Value at Close of Period
Building & Improvements	17,837
Grand Rapids-MOB/ASC | Site improvements
Initial Costs
Land & Improvement	3,421
Gross Value at Close of Period
Land & Improvements	3,421
Dumfries-MOB
Gross Value at Close of Period
Total Assets	17,749
Accumulated Depreciation	941
Dumfries-MOB | Buildings
Initial Costs
Building & Improvements	14,863
Gross Value at Close of Period
Building & Improvements	14,863
Dumfries-MOB | Site improvements
Initial Costs
Land & Improvement	2,886
Gross Value at Close of Period
Land & Improvements	2,886
Centerville -MOB
Gross Value at Close of Period
Total Assets	4,570
Accumulated Depreciation	54
Centerville -MOB | Buildings
Initial Costs
Building & Improvements	4,410
Gross Value at Close of Period
Building & Improvements	4,410
Centerville -MOB | Site improvements
Initial Costs
Land & Improvement	160
Gross Value at Close of Period
Land & Improvements	160
Fairfax-MOB
Gross Value at Close of Period
Total Assets	17,164
Accumulated Depreciation	246
Fairfax-MOB | Buildings
Initial Costs
Building & Improvements	9,621
Costs Capitalized Subsequent to Acquisition
Building & Improvements	431
Gross Value at Close of Period
Building & Improvements	10,052
Fairfax-MOB | Site improvements
Initial Costs
Land & Improvement	7,112
Gross Value at Close of Period
Land & Improvements	7,112
Rosedale-MOB
Gross Value at Close of Period
Total Assets	21,069
Accumulated Depreciation	280
Rosedale-MOB | Buildings
Initial Costs
Building & Improvements	17,646
Gross Value at Close of Period
Building & Improvements	17,646
Rosedale-MOB | Site improvements
Initial Costs
Land & Improvement	3,423
Gross Value at Close of Period
Land & Improvements	3,423
Lancaster-Plasma Center
Gross Value at Close of Period
Total Assets	5,190
Accumulated Depreciation	36
Lancaster-Plasma Center | Buildings
Initial Costs
Building & Improvements	4,385
Gross Value at Close of Period
Building & Improvements	4,385
Lancaster-Plasma Center | Site improvements
Initial Costs
Land & Improvement	805
Gross Value at Close of Period
Land & Improvements	805
Winston Salem-MOB
Gross Value at Close of Period
Total Assets	8,492
Accumulated Depreciation	69
Winston Salem-MOB | Buildings
Initial Costs
Building & Improvements	6,714
Gross Value at Close of Period
Building & Improvements	6,714
Winston Salem-MOB | Site improvements
Initial Costs
Land & Improvement	1,778
Gross Value at Close of Period
Land & Improvements	1,778
Decatur-MOB
Gross Value at Close of Period
Total Assets	4,332
Accumulated Depreciation	20
Decatur-MOB | Buildings
Initial Costs
Building & Improvements	2,706
Gross Value at Close of Period
Building & Improvements	2,706
Decatur-MOB | Site improvements
Initial Costs
Land & Improvement	1,626
Gross Value at Close of Period
Land & Improvements	1,626
Jackson-MOB
Gross Value at Close of Period
Total Assets	5,625
Accumulated Depreciation	26
Jackson-MOB | Buildings
Initial Costs
Building & Improvements	4,730
Gross Value at Close of Period
Building & Improvements	4,730
Jackson-MOB | Site improvements
Initial Costs
Land & Improvement	895
Gross Value at Close of Period
Land & Improvements	895
Sheboygan-MOB
Gross Value at Close of Period
Total Assets	6,806
Accumulated Depreciation	34
Sheboygan-MOB | Buildings
Initial Costs
Building & Improvements	6,223
Gross Value at Close of Period
Building & Improvements	6,223
Sheboygan-MOB | Site improvements
Initial Costs
Land & Improvement	583
Gross Value at Close of Period
Land & Improvements	583
Plymouth-MOB
Gross Value at Close of Period
Total Assets	5,972
Accumulated Depreciation	26
Plymouth-MOB | Buildings
Initial Costs
Building & Improvements	5,214
Gross Value at Close of Period
Building & Improvements	5,214
Plymouth-MOB | Site improvements
Initial Costs
Land & Improvement	758
Gross Value at Close of Period
Land & Improvements	758
Spring Hill-MOB/Img
Gross Value at Close of Period
Total Assets	16,847
Accumulated Depreciation	41
Spring Hill-MOB/Img | Buildings
Initial Costs
Building & Improvements	12,954
Gross Value at Close of Period
Building & Improvements	12,954
Spring Hill-MOB/Img | Site improvements
Initial Costs
Land & Improvement	3,893
Gross Value at Close of Period
Land & Improvements	3,893
Cape Girardeau-ASC
Gross Value at Close of Period
Total Assets	6,088
Accumulated Depreciation	15
Cape Girardeau-ASC | Buildings
Initial Costs
Building & Improvements	4,865
Gross Value at Close of Period
Building & Improvements	4,865
Cape Girardeau-ASC | Site improvements
Initial Costs
Land & Improvement	1,223
Gross Value at Close of Period
Land & Improvements	1,223
Yuma-MOB
Gross Value at Close of Period
Total Assets	6,338
Accumulated Depreciation	18
Yuma-MOB | Buildings
Initial Costs
Building & Improvements	4,989
Gross Value at Close of Period
Building & Improvements	4,989
Yuma-MOB | Site improvements
Initial Costs
Land & Improvement	1,349
Gross Value at Close of Period
Land & Improvements	1,349
Las Vegas-MOB/ASC
Gross Value at Close of Period
Total Assets	7,124
Las Vegas-MOB/ASC | Buildings
Initial Costs
Building & Improvements	6,813
Gross Value at Close of Period
Building & Improvements	6,813
Las Vegas-MOB/ASC | Site improvements
Initial Costs
Land & Improvement	311
Gross Value at Close of Period
Land & Improvements	311
Pensacola-MOB/ASC
Gross Value at Close of Period
Total Assets	8,271
Pensacola-MOB/ASC | Buildings
Initial Costs
Building & Improvements	6,153
Gross Value at Close of Period
Building & Improvements	6,153
Pensacola-MOB/ASC | Site improvements
Initial Costs
Land & Improvement	2,118
Gross Value at Close of Period
Land & Improvements	2,118
Venice-MOB
Gross Value at Close of Period
Total Assets	6,433
Venice-MOB | Buildings
Initial Costs
Building & Improvements	4,537
Gross Value at Close of Period
Building & Improvements	4,537
Venice-MOB | Site improvements
Initial Costs
Land & Improvement	1,896
Gross Value at Close of Period
Land & Improvements	$ 1,896
Minimum | Buildings
Gross Value at Close of Period
Remaining useful life	19 years
Minimum | Tenant improvements [Member]
Gross Value at Close of Period
Remaining useful life	1 year
Minimum | Site improvements
Gross Value at Close of Period
Remaining useful life	1 year
Maximum | Buildings
Gross Value at Close of Period
Remaining useful life	50 years
Maximum | Tenant improvements [Member]
Gross Value at Close of Period
Remaining useful life	17 years
Maximum | Site improvements
Gross Value at Close of Period
Remaining useful life	14 years

SCHEDULE III-CONSOLIDATED REA_3

SCHEDULE III-CONSOLIDATED REAL ESTATE AND ACCUMULATED DEPRECIATION - Summary of Activity for Investment in Real Estate Properties (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Real Estate Assets:
Balance, beginning of period	$ 832,735	$ 604,398	$ 439,857
Additions through acquisitions	211,936	228,337	189,178
Deductions			(24,637)
Balance, end of period	1,044,671	832,735	604,398
Accumulated Depreciation:
Balance, beginning of period	42,828	23,762	11,253
Additions through expense	26,735	19,066	13,644
Deductions			(1,135)
Balance, end of period	$ 69,563	$ 42,828	$ 23,762