XML 72 R62.htm IDEA: XBRL DOCUMENT v3.22.2.2
Lines of Credit and Term Loan (Detail)
6 Months Ended
Jan. 19, 2022
USD ($)
Extension
Nov. 19, 2021
USD ($)
Sep. 05, 2019
USD ($)
Extension
Jan. 25, 2019
USD ($)
Nov. 20, 2018
USD ($)
Jun. 30, 2022
USD ($)
Jun. 30, 2021
USD ($)
Dec. 31, 2021
USD ($)
Nov. 01, 2019
USD ($)
Line of Credit Facility [Line Items]                  
Lines of credit and term loan [1]           $ 1,266,691,000   $ 1,226,634,000  
Loss on extinguishments of debt           4,410,000 $ 2,293,000    
Line of Credit [Member] | Federal Funds Rate [Member]                  
Line of Credit Facility [Line Items]                  
Variable rate         0.50%        
Line of Credit [Member] | One-Month Eurodollar [Member]                  
Line of Credit Facility [Line Items]                  
Variable rate         1.00%        
Line of Credit [Member] | Base Rate [Member]                  
Line of Credit Facility [Line Items]                  
Debt Instrument, Base Rate, Percent         0.00%        
Line of Credit [Member] | Minimum [Member] | Eurodollar [Member]                  
Line of Credit Facility [Line Items]                  
Variable rate         1.70%        
Line of Credit [Member] | Minimum [Member] | Base Rate [Member]                  
Line of Credit Facility [Line Items]                  
Variable rate         0.70%        
Line of Credit [Member] | Maximum [Member] | Eurodollar [Member]                  
Line of Credit Facility [Line Items]                  
Variable rate         2.20%        
Line of Credit [Member] | Maximum [Member] | Base Rate [Member]                  
Line of Credit Facility [Line Items]                  
Variable rate         1.20%        
2018 Line of Credit                  
Line of Credit Facility [Line Items]                  
Line of credit facility, maximum borrowing capacity         $ 295,000,000       $ 530,000,000
Debt Instrument, Extension Fee   $ 795,000              
2019 Corporate Line of Credit [Member] | Line of Credit [Member]                  
Line of Credit Facility [Line Items]                  
Line of credit facility, maximum borrowing capacity       $ 630,000,000          
2019 Corporate Line of Credit [Member] | Line of Credit [Member] | Federal Funds Rate [Member]                  
Line of Credit Facility [Line Items]                  
Variable rate       0.50%          
2019 Corporate Line of Credit [Member] | Line of Credit [Member] | One-Month Eurodollar [Member]                  
Line of Credit Facility [Line Items]                  
Variable rate       1.00%          
2019 Corporate Line of Credit [Member] | Line of Credit [Member] | Base Rate [Member]                  
Line of Credit Facility [Line Items]                  
Debt Instrument, Base Rate, Percent       0.00%          
2019 Corporate Line of Credit [Member] | Line of Credit [Member] | Minimum [Member] | Eurodollar [Member]                  
Line of Credit Facility [Line Items]                  
Variable rate       1.85%          
2019 Corporate Line of Credit [Member] | Line of Credit [Member] | Minimum [Member] | Base Rate [Member]                  
Line of Credit Facility [Line Items]                  
Variable rate       0.85%          
2019 Corporate Line of Credit [Member] | Line of Credit [Member] | Maximum [Member] | Eurodollar [Member]                  
Line of Credit Facility [Line Items]                  
Variable rate       2.80%          
2019 Corporate Line of Credit [Member] | Line of Credit [Member] | Maximum [Member] | Base Rate [Member]                  
Line of Credit Facility [Line Items]                  
Variable rate       1.80%          
2019 Corporate Line of Credit [Member] | Line of Credit [Member]                  
Line of Credit Facility [Line Items]                  
Current borrowing capacity               480,000,000  
Lines of credit and term loan               $ 480,000,000  
Debt, weighted average interest rate               2.60%  
2019 Corporate Line of Credit [Member] | Revolving Credit Facility [Member]                  
Line of Credit Facility [Line Items]                  
Line of credit facility, maximum borrowing capacity       $ 150,000,000          
2019 Corporate Line of Credit [Member] | Term Loan [Member]                  
Line of Credit Facility [Line Items]                  
Line of credit facility, maximum borrowing capacity       $ 480,000,000          
2019 Trilogy Credit Facility [Member] | Line of Credit [Member]                  
Line of Credit Facility [Line Items]                  
Line Of Credit Facility, Number Of Potential Extensions | Extension     1            
Line Of Credit Facility, Potential Extension Term     12 months            
2019 Trilogy Credit Facility [Member] | Line of Credit [Member] | Base Rate [Member]                  
Line of Credit Facility [Line Items]                  
Variable rate     1.75%            
2019 Trilogy Credit Facility [Member] | Line of Credit [Member] | London Interbank Offered Rate (LIBOR) [Member]                  
Line of Credit Facility [Line Items]                  
Variable rate     2.75%            
2019 Trilogy Credit Facility [Member] | Line of Credit [Member] | Federal Funds Effective Rate [Member]                  
Line of Credit Facility [Line Items]                  
Variable rate     0.50%            
2019 Trilogy Credit Facility [Member] | Line of Credit [Member] | One-Month LIBOR [Member]                  
Line of Credit Facility [Line Items]                  
Variable rate     1.00%            
2019 Trilogy Credit Facility [Member] | Revolving Credit Facility [Member]                  
Line of Credit Facility [Line Items]                  
Current borrowing capacity           360,000,000   $ 360,000,000  
Lines of credit and term loan           $ 304,734,000   $ 304,734,000  
Debt, weighted average interest rate           4.39%   2.85%  
2019 Trilogy Credit Facility [Member] | Revolving Credit Facility [Member] | Line of Credit [Member]                  
Line of Credit Facility [Line Items]                  
Line of credit facility, maximum borrowing capacity     $ 360,000,000            
Increase to maximum borrowing capacity     140,000,000            
Potential maximum borrowing capacity     500,000,000            
2022 Credit Agreement                  
Line of Credit Facility [Line Items]                  
Line of credit facility, maximum borrowing capacity $ 1,050,000,000                
Increase to maximum borrowing capacity $ 700,000,000                
Line of Credit Facility, Number of Extensions | Extension 1                
Line of Credit Facility, Extension Period 12 months                
Line of Credit Facility, Number of Business Days 5 days                
2022 Credit Agreement | Revolving Credit Facility [Member]                  
Line of Credit Facility [Line Items]                  
Line of credit facility, maximum borrowing capacity $ 500,000,000                
Current borrowing capacity           $ 1,050,000,000      
Lines of credit and term loan           $ 962,900,000      
Debt, weighted average interest rate           3.22%      
Long-term Debt           $ 961,957,000      
Loss on extinguishments of debt           3,161,000      
2022 Credit Agreement | Letter of Credit                  
Line of Credit Facility [Line Items]                  
Line of credit facility, maximum borrowing capacity           $ 25,000,000      
2022 Credit Agreement | Term Loan Facility                  
Line of Credit Facility [Line Items]                  
Line of credit facility, maximum borrowing capacity $ 550,000,000                
2018 Line of Credit | Revolving Credit Facility [Member]                  
Line of Credit Facility [Line Items]                  
Line of credit facility, maximum borrowing capacity         $ 235,000,000        
2018 Corporate Line of Credit | Line of Credit [Member]                  
Line of Credit Facility [Line Items]                  
Lines of credit and term loan               $ 441,900,000  
Line of Credit [Member]                  
Line of Credit Facility [Line Items]                  
Debt, weighted average interest rate               2.27%  
Real Estate Assets and Ancillary Business Cash Flow [Member] | 2019 Trilogy Credit Facility [Member] | Revolving Credit Facility [Member]                  
Line of Credit Facility [Line Items]                  
Line of credit facility, maximum borrowing capacity     325,000,000            
Eligible Accounts Receivable [Member] | 2019 Trilogy Credit Facility [Member] | Revolving Credit Facility [Member]                  
Line of Credit Facility [Line Items]                  
Line of credit facility, maximum borrowing capacity     $ 35,000,000            
[1] Such liabilities of American Healthcare REIT, Inc. represented liabilities of American Healthcare REIT Holdings, LP or its consolidated subsidiaries as of June 30, 2022 and December 31, 2021. American Healthcare REIT Holdings, LP is a variable interest entity, or VIE, and a consolidated subsidiary of American Healthcare REIT, Inc. The creditors of American Healthcare REIT Holdings, LP or its consolidated subsidiaries do not have recourse against American Healthcare REIT, Inc., except for the 2022 Credit Facility, as defined in Note 9, held by American Healthcare REIT Holdings, LP in the amount of $962,900,000 as of June 30, 2022 and the 2018 Credit Facility and 2019 Credit Facility, each as defined in Note 9, held by American Healthcare REIT Holdings, LP in the amount of $441,900,000 and $480,000,000, respectively, as of December 31, 2021, which were guaranteed by American Healthcare REIT, Inc.