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HEALTHCARE TRUST OF AMERICA, INC.

CIK:0001360604|SEC Filings

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
Revenues
Rental income	$ 270,550	$ 287,070	$ 538,125	$ 575,927
Interest income	3,266	3,449	6,978	7,180
Other operating	8,033	6,983	15,736	13,371
Revenues	281,849	297,502	560,839	596,478
Expenses
Property operating	98,981	104,197	199,039	214,094
General and administrative	14,361	23,482	31,704	37,011
Transaction costs	1,473	593	2,410	1,604
Depreciation and amortization	128,065	153,476	257,051	309,510
Expenses	242,880	281,748	490,204	562,219
Other income (expense)
Gain on sales of real estate properties and other assets	3,713	20,004	14,490	22,907
Interest expense	(45,146)	(53,346)	(89,036)	(108,157)
Loss on extinguishment of debt	(1,698)	0	(1,718)	0
Impairment of real estate properties and credit loss recoveries (reserves)	(42,741)	(142,348)	(41,757)	(154,429)
Equity income from unconsolidated joint ventures	2,929	158	3,425	159
Interest and other (expense) income, net	19	(366)	27	(271)
Total other income (expense)	(82,924)	(175,898)	(114,569)	(239,791)
Net loss	(43,955)	(160,144)	(43,934)	(205,532)
Net loss attributable to non-controlling interests	441	2,293	364	2,808
Net loss attributable to common stockholders	$ (43,514)	$ (157,851)	$ (43,570)	$ (202,724)
Basic earnings per common share (in dollars per share)	$ (0.13)	$ (0.45)	$ (0.13)	$ (0.58)
Diluted earnings per common share (in dollars per share)	$ (0.13)	$ (0.45)	$ (0.13)	$ (0.58)
Weighted average common shares outstanding - basic (in shares)	342,300,539	349,628,307	344,855,776	349,583,900
Weighted average common shares outstanding - diluted (in shares)	342,300,539	349,628,307	344,855,776	349,583,900
Revenue, Product and Service [Extensible List]	Service [Member]	Service [Member]	Service [Member]	Service [Member]

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
OPERATING ACTIVITIES
Net loss	$ (43,934)	$ (205,532)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	257,051	298,717
Other amortization	23,377	23,901
Share-based compensation	9,843	11,802
Amortization of straight-line rent receivable (lessor)	(19,698)	(15,613)
Amortization of straight-line rent on operating leases (lessee)	881	1,724
Gain on sales of real estate properties and other assets	(14,490)	(22,907)
Loss on extinguishment of debt	1,718	0
Impairment of real estate properties and credit loss reserves	41,757	154,429
Equity income from unconsolidated joint ventures	(3,425)	(159)
Distributions of earnings from unconsolidated joint ventures	10,263	10,829
Non-cash interest from financing and notes receivable	(818)	(395)
Changes in operating assets and liabilities:
Other assets, including right-of-use-assets	(30,520)	(17,101)
Accounts payable and accrued liabilities	(25,899)	(31,051)
Other liabilities	(11,043)	2,359
Net cash provided by operating activities	195,063	211,003
INVESTING ACTIVITIES
Acquisitions of real estate	(6,611)	0
Development of real estate	0	(8,174)
Additional long-lived assets	(130,948)	(154,781)
Funding of mortgages and notes receivable	(1,564)	(2,799)
Investments in unconsolidated joint ventures	(19,030)	(978)
Investment in financing receivable	492	(194)
Proceeds from sales of real estate properties and additional long-lived assets	43,752	69,805
Distributions in excess of earnings from unconsolidated joint ventures	8,766	0
Proceeds from insurance recoveries	6,126	2,000
Proceeds from notes receivable repayments	46,688	53,190
Net cash used in investing activities	(52,329)	(41,931)
FINANCING ACTIVITIES
Borrowings on unsecured credit facility	265,500	567,000
Repayments on unsecured credit facility	(385,500)	(272,000)
Net borrowings on commercial paper program	275,515	0
Repayment on term loans	0	(35,140)
Borrowings of notes and bonds payable	700,000	0
Redemption and repayments of notes and bonds payable	(605,737)	(250,692)
Dividends paid	(166,147)	(217,756)
Common stock redemptions	(2,772)	(713)
Common stock repurchases	(175,000)	0
Payments made for capped call premiums	(28,875)	0
Distributions to non-controlling interest holders	(2,114)	(2,653)
Redemption of non-controlling interest	(1,043)	(330)
Debt issuance and assumption costs	(23,704)	0
Payments made on finance leases	(42)	(46)
Net cash used in financing activities	(149,919)	(212,330)
Increase (decrease) in cash and cash equivalents	(7,185)	(43,258)
Cash and cash equivalents cash at beginning of period	26,172	68,916
Cash and cash equivalents at end of period, including held for sale	18,987	25,658
Cash and cash equivalents held for sale	0	(151)
Cash and cash equivalents at end of period	18,987	25,507
Supplemental Cash Flow Information
Interest paid	77,468	90,251
Mortgage notes receivable taken in connection with sale of real estate	0	5,400
Invoices accrued for construction, tenant improvements and other capitalized costs	31,512	47,815
Capitalized interest	$ 6,937	$ 4,608

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2026	Dec. 31, 2025
Real estate properties
Land	$ 1,055,183	$ 1,060,254
Buildings and improvements	8,696,204	8,514,165
Lease intangibles	412,116	455,254
Personal property	7,515	7,056
Investment in financing receivable, net	6,003	123,249
Financing lease right-of-use assets	74,273	75,083
Land held for development	52,942	57,535
Total real estate properties	10,304,236	10,292,596
Less accumulated depreciation and amortization	(2,559,332)	(2,397,795)
Total real estate properties, net	7,744,904	7,894,801
Cash and cash equivalents	18,987	26,172
Assets held for sale, net	95,895	143,580
Operating lease right-of-use assets	201,916	204,906
Investments in unconsolidated joint ventures	457,033	453,607
Other assets, net	482,416	487,795
Total assets	9,001,151	9,210,861
Liabilities
Notes and bonds payable	4,166,944	3,911,423
Accounts payable and accrued liabilities	159,728	211,071
Liabilities of assets held for sale	14,099	15,160
Operating lease liabilities	161,462	162,922
Financing lease liabilities	74,099	73,130
Other liabilities	151,845	160,530
Total liabilities	4,728,177	4,534,236
Commitments and contingencies
Redeemable non-controlling interests	3,435	3,252
Stockholders' equity
Preferred stock, $.01 par value per share; 200,000 shares authorized; none issued and outstanding	0	0
Class A Common stock, $.01 par value per share; 1,000,000 shares authorized; 342,720 and 351,603 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively	3,427	3,516
Additional paid-in capital	8,940,542	9,137,257
Accumulated other comprehensive income (loss)	1,598	(5,174)
Cumulative net income attributable to common stockholders	84,668	128,238
Cumulative dividends	(4,813,087)	(4,646,944)
Total stockholders' equity	4,217,148	4,616,893
Non-controlling interest	52,391	56,480
Total equity	4,269,539	4,673,373
Total liabilities, redeemable non-controlling interests, and stockholders' equity	$ 9,001,151	$ 9,210,861