SEC Filing Summary: Griffin-American Healthcare REIT IV, Inc.
Business Context and Reporting Period
This Form 8-K was filed on August 2, 2021, reporting events occurring on August 1, 2021. The registrant, Griffin-American Healthcare REIT IV, Inc., is a Maryland corporation. The filing addresses a specific corporate action regarding shareholder distributions rather than general operating results.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. The only financial data disclosed relates to the authorized distribution:
- Distribution Rate: $0.001095890 per share daily.
- Annualized Distribution: $0.40 per share.
- Applicable Shares: Class T and Class I stockholders of record.
- Payment Terms: Aggregated and paid in cash in September 2021 from legally available funds.
Material Changes
The filing announces the authorization of a daily distribution for the period of August 1, 2021, through August 31, 2021. No comparative financial data or material changes to prior periods are provided in this document.
Guidance, Outlook, and Risks
Management commentary is limited to the mechanics of the distribution. The filing notes that payments are contingent upon the availability of "legally available funds." No forward-looking guidance, risk factors, or contingencies beyond the distribution authorization are disclosed.
Investor Verification Checklist
- Verify the record date for Class T and Class I shares to confirm eligibility for the August distribution.
- Confirm the actual payment date in September 2021 and the total amount received per share.
- Review subsequent filings to determine if the annualized distribution rate of $0.40 per share is sustained for future periods.
- Check the company's liquidity position in other reports to ensure "legally available funds" were sufficient for the September payout.