Healthcare Trust, Inc. Files 10-K/A Amendment for Fiscal Year Ended December 31, 2023

TL;DR

<b>Healthcare Trust, Inc. has filed an amended 10-K for the fiscal year ending December 31, 2023, detailing its corporate information and registered securities.</b>

AI Summary

Healthcare Trust, Inc. (NHPBP) filed a Amended Annual Report (10-K/A) with the SEC on March 22, 2024. Healthcare Trust, Inc. filed an amendment (10-K/A) to its annual report for the fiscal year ending December 31, 2023. The company's principal executive offices are located at 222 Bellevue Ave., Newport, RI 02840. Healthcare Trust, Inc. is registered under the SIC code 6798 for Real Estate Investment Trusts. The company has registered 7.375% Series A Cumulative Redeemable Perpetual Preferred Stock (HTIA) and 7.125% Series B Cumulative Redeemable Perpetual Preferred Stock (HTIB) on The Nasdaq Global Market. The filing indicates the company is not a well-known seasoned issuer and has filed all required reports for the preceding 12 months and the past 90 days.

Why It Matters

For investors and stakeholders tracking Healthcare Trust, Inc., this filing contains several important signals. This amendment provides updated or corrected information for the fiscal year 2023, which is crucial for investors to have the most accurate financial and operational data. The specific details about registered preferred stock and their trading symbols (HTIA, HTIB) are important for investors tracking the company's debt and equity structure on The Nasdaq Global Market.

Risk Assessment

Risk Level: low — Healthcare Trust, Inc. shows low risk based on this filing. The filing is an amendment to a 10-K, suggesting potential corrections or additions to previously filed information, but the core business operations and financial health are not detailed in this specific amendment document.

Analyst Insight

Review the full 10-K filing once available to understand the specific amendments made and their potential impact on the company's financial reporting.

Key Numbers

• 2023-12-31 — Fiscal Year End (Reported fiscal year end)
• 2024-03-22 — Filing Date (Date the 10-K/A was filed)
• 7.375% — Series A Preferred Stock Rate (Interest rate for Series A Cumulative Redeemable Perpetual Preferred Stock)
• 7.125% — Series B Preferred Stock Rate (Interest rate for Series B Cumulative Redeemable Perpetual Preferred Stock)

Key Players & Entities

• Healthcare Trust, Inc. (company) — Registrant name
• 222 Bellevue Ave., Newport, RI 02840 (location) — Principal executive offices address
• 001-39153 (other) — Commission file number
• 38-3888962 (other) — IRS Employer Identification No.
• HTIA (other) — Trading Symbol for Series A Preferred Stock
• HTIB (other) — Trading Symbol for Series B Preferred Stock
• The Nasdaq Global Market (exchange) — Exchange where preferred stocks are registered
• 2023-12-31 (date) — Fiscal year end date

FAQ

Industry Context

Healthcare Trust, Inc. operates as a Real Estate Investment Trust (REIT) within the healthcare sector.

Regulatory Implications

The company is subject to SEC regulations for public reporting, including the requirement to file annual reports (10-K) and amendments (10-K/A).

What Investors Should Do

1. Monitor for the full 10-K filing to review detailed financial statements and disclosures.
2. Analyze the specific reasons for the 10-K amendment once they are disclosed.
3. Track the performance of HTIA and HTIB on The Nasdaq Global Market.

Year-Over-Year Comparison

This is an amended 10-K filing for the fiscal year 2023, indicating updates or corrections to the initial filing.

Key Financial Figures

• $0.01 — e Redeemable Perpetual Preferred Stock, $0.01 par value per share HTIA The Nasdaq
• $1.2 m — our results of operations. We incurred $1.2 million, $3.2 million and $1.1 million of
• $3.2 million — f operations. We incurred $1.2 million, $3.2 million and $1.1 million of bad debt expense, i
• $1.1 million — incurred $1.2 million, $3.2 million and $1.1 million of bad debt expense, including straight

Filing Documents

• tm249561d1_10ka.htm (10-K/A) — 396KB
• tm249561d1_ex4-9.htm (EX-4.9) — 248KB
• tm249561d1_ex31-1.htm (EX-31.1) — 3KB
• tm249561d1_ex31-2.htm (EX-31.2) — 3KB
• tm249561d1_10kcvrimg01.jpg (GRAPHIC) — 11KB
• 0001104659-24-037966.txt (&nbsp;) — 1076KB
• hct-20231231.xsd (EX-101.SCH) — 3KB
• hct-20231231_def.xml (EX-101.DEF) — 28KB
• hct-20231231_lab.xml (EX-101.LAB) — 38KB
• hct-20231231_pre.xml (EX-101.PRE) — 26KB
• tm249561d1_10ka_htm.xml (XML) — 8KB

SIGNATURES

SIGNATURES 39 2 PART I

Risk

Item 1A. Risk Factors Set forth below are the risk factors that we believe are material to our investors and a summary thereof. The occurrence of any of the risks discussed in the Original 10-K and in this Amendment could have a material adverse effect on our business, financial condition, results of operations and ability to pay dividends and they may also impact other distributions and the value of an investment in our common and preferred stock. Summary Risk Factors Our operating results are affected by economic and regulatory changes that have an adverse impact on the real estate market. Our property portfolio has a high concentration of properties located in Florida and Pennsylvania. Our properties may be adversely affected by economic cycles and risks inherent to those states. We have not paid our distributions on our common stock in cash since 2020, and there can be no assurance we will pay distributions on our common stock in cash in the future. Inflation will have an adverse effect on our investments and results of operations. Our real estate investments are concentrated in healthcare-related facilities, and we may be negatively impacted by adverse trends in the healthcare industry. The healthcare industry is heavily regulated, and new laws or regulations, changes to existing laws or regulations, loss of licensure or failure to obtain licensure could result in the inability of our tenants to make rent payments to us. If a tenant or lease guarantor declares bankruptcy or becomes insolvent, we may be unable to collect balances due under relevant leases. We assume additional operating risks and are subject to additional regulation and liability because we depend on eligible independent contractors to manage some of our facilities. Joint venture investments could be adversely affected by our lack of sole decision-making authority, our reliance on the financial condition of co-venturers and disputes between us and our co-venturers. We may

View Full Filing

View this 10-K/A filing on SEC EDGAR