Regional Health Properties, Inc. (RHE) financial statements (2022 and earlier)

Company profile

Business Address 454 SATELLITE BLVD
SUWANEE, GA 30024
State of Incorp.
Fiscal Year End December 31
SIC 6519 - Lessors of Real Property, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments6,8004,2004,4002,4001,81814,0452,720
Cash and cash equivalents6,8004,2004,4002,4001,81814,0452,720
Restricted cash and investments   1,4119601,6009,169
Receivables2,1452,1001,0001,5819452,4298,805
Disposal group, including discontinued operation  1002,204  1,249
Other undisclosed current assets  1,9004799812,3953,214
Total current assets:8,9456,3007,4008,0754,70420,46925,157
Noncurrent Assets
Operating lease, right-of-use asset29,90933,74037,287
Property, plant and equipment50,12752,53354,67277,23781,21379,168126,676
Long-term investments and receivables   3313,540  
Accounts and financing receivable, after allowance for credit loss   3313,540  
Intangible assets, net (including goodwill)14,29814,7361,5852,1052,1052,1054,183
Goodwill1,5851,5851,5852,1052,1052,1054,183
Intangible assets, net (excluding goodwill)12,71313,151     
Deferred rent receivables, net   6,3016,400  
Restricted cash and investments3173173172,6682,5813,8643,558
Deferred costs      2,913
Other noncurrent assets   745427,2441,795
Other undisclosed noncurrent assets  12,4973,7795,4666,6367,703
Total noncurrent assets:94,651101,326106,35892,495101,84799,017146,828
Other undisclosed assets2,100399     
TOTAL ASSETS:105,696108,025113,758100,570106,551119,486171,985
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2,7611,7831,8756,9236,04112,11411,866
Accounts payable   4,3614,3863,0378,741
Accrued liabilities1,1648687841,2929729,0773,125
Taxes payable1,391491883851423  
Interest and dividends payable206424208419260  
Debt  6,10026,4008,10013,15450,960
Disposal group, including discontinued operation2,3002,6003,4001,491  958
Self insurance reserve1621834531,4355,077  
Other undisclosed current liabilities  2,272461280  
Total current liabilities:5,2234,56614,10036,71019,49825,26863,784
Noncurrent Liabilities
Long-term debt and lease obligation52,87654,43955,36354,91665,01266,8169,742
Long-term debt, excluding current maturities52,87654,43955,36354,91665,01266,8169,742
Liabilities, other than long-term debt200300 2,7934,1713,9033,380
Deferred tax liabilities, net 38226 
Lease deposit liability200300 
Other liabilities   2,7934,1333,6773,380
Other undisclosed noncurrent liabilities  32,552   64,200
Total noncurrent liabilities:53,07654,73987,91557,70969,18370,71977,322
Other undisclosed liabilities37,00137,616     
Total liabilities:95,30096,921102,01594,41988,68195,987141,106
Stockholders' equity
Stockholders' equity attributable to parent, including:10,39611,10411,7436,15117,870(38,144)(23,835)
Preferred stock62,42362,42362,42362,42362,42361,44654,714
Accumulated deficit(114,542)(113,360)(112,672)(118,172)(106,277)(99,590)(84,793)
Other undisclosed stockholders' equity attributable to parent62,51562,04161,99261,90061,724 6,244
Other undisclosed stockholders' equity     197 
Total stockholders' equity:10,39611,10411,7436,15117,870(37,947)(23,835)
Other undisclosed liabilities and equity     61,44654,714
TOTAL LIABILITIES AND EQUITY:105,696108,025113,758100,570106,551119,486171,985

Income statement (P&L) ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues26,69017,57920,13422,04625,14827,33718,400
Revenue, net25,14827,33718,400
Operating lease, lease income16,093  
Operating leases, income statement, lease revenue20,902
Gross profit:26,69017,57920,13422,04625,14827,33718,400
Operating expenses(24,112)(15,285)(14,672)(22,838)(20,010)(23,082)(26,041)
Operating income (loss):2,5782,2945,462(792)5,1384,255(7,641)
Nonoperating income (expense)(3,715)(2,898)(588)(11,215)(4,632)1,548(10,060)
Other nonoperating expense(1,192)(121)(6)(52)(474)(72)(918)
Interest and debt expense146(2,777)(2,458)(5,234)(63)185(680)
Income (loss) from continuing operations before equity method investments, income taxes:(991)(3,381)2,416(17,241)4435,988(18,381)
Other undisclosed income (loss) from continuing operations before income taxes(146)2,7772,4585,23463(185)680
Income (loss) from continuing operations before income taxes:(1,137)(604)4,874(12,007)5065,803(17,701)
Income tax expense (benefit)   38188163(110)
Income (loss) from continuing operations:(1,137)(604)4,874(11,969)6945,966(17,811)
Income (loss) from discontinued operations(45)(84)62674(1,679)(13,428)(4,892)
Net income (loss):(1,182)(688)5,500(11,895)(985)(7,462)(22,703)
Net income attributable to noncontrolling interest      815
Other undisclosed net loss attributable to parent      (1,630)
Net income (loss) attributable to parent:(1,182)(688)5,500(11,895)(985)(7,462)(23,518)
Preferred stock dividends and other adjustments    (5,702)(7,335)(5,208)
Other undisclosed net loss available to common stockholders, basic(8,997)(8,997)(8,997)(7,985)(1,912)  
Net loss available to common stockholders, diluted:(10,179)(9,685)(3,497)(19,880)(8,599)(14,797)(28,726)

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):(1,182)(688)5,500(11,895)(985)(7,462)(22,703)
Comprehensive income (loss):(1,182)(688)5,500(11,895)(985)(7,462)(22,703)
Comprehensive income, net of tax, attributable to noncontrolling interest      815
Comprehensive income (loss), net of tax, attributable to parent:(1,182)(688)5,500(11,895)(985)(7,462)(21,888)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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