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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenue        
Total Revenue $ 5,130,465 $ 1,614,424 $ 8,982,066 $ 2,889,503
Expenses        
General and Administrative 372,707 377,357 715,770 570,836
Property Taxes, Insurance and Other Operating 2,654,231 543,831 4,985,975 893,019
Provision for Bad Debts 57,282 263,890
Acquisition Costs 13,763 28,654
Depreciation 380,885 322,926 768,103 645,851
Total Expenses 3,478,868 1,244,114 6,762,392 2,109,706
Income from Operations 1,651,597 370,310 2,219,674 779,797
Other (Income) Expense        
Gain on Warrant Liability (2,655) (2,758)
Gain on Extinguishment of Debt (80,400) (80,400)
Gain on Sale of Investments (1,069)
Gain on Proceeds from Insurance Claim (270,264)
Interest Income (1,536) (7,003)
Interest Expense 611,301 544,625 1,116,571 1,070,860
Total Other (Income) Expense 530,901 540,434 1,036,171 789,766
Net Income (Loss) 1,120,696 (170,124) 1,183,503 (9,969)
Net Loss Attributable to Noncontrolling Interests 2,859 1,869 1,152 6,010
Net Income (Loss) Attributable to Global Healthcare REIT, Inc. 1,123,555 (168,255) 1,184,655 (3,959)
Series D Preferred Dividends (7,500) (7,500) (15,000) (15,000)
Net Income (Loss) Attributable to Common Stockholders $ 1,116,055 $ (175,755) $ 1,169,655 $ (18,959)
Net Income (Loss) per Share Attributable to Common Stockholders:        
Basic $ 0.04 $ (0.01) $ 0.04 $ (0.00)
Diluted $ 0.04 $ (0.01) $ 0.04 $ (0.00)
Weighted Average Common Shares Outstanding:        
Basic 27,414,816 27,347,134 27,427,928 27,122,607
Diluted 27,797,316 27,347,134 27,810,428 27,122,607
Rental Revenue [Member]        
Revenue        
Total Revenue $ 623,593 $ 930,287 $ 1,144,605 $ 1,825,575
Healthcare Revenue [Member]        
Revenue        
Total Revenue $ 4,506,872 $ 684,137 $ 7,837,461 $ 1,063,928