Organization and Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Restricted Cash and Cash Equivalents

Restricted cash consisted of the following as of December 31:

	2020		2019
Funds held in escrow under the terms of notes or bonds payable for purposes of paying future debt service costs	$	410,866	$	351,298
	$	410,866	$	351,298

Schedule of Property and Equipment, Estimated Useful Lives

Useful lives of the assets are summarized as follows:

Land Improvements	15 years
Buildings and Improvements	30 years
Furniture, Fixtures and Equipment	10 years

Schedule of Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share:

	Year Ended December 31,
	2020			2019
Numerator for basic earnings per share:
Net Income (Loss) Attributable to Global Healthcare REIT, Inc.	$	2,955,820		$	(861,614	)
Series D Preferred Dividends		(30,000	)		(30,000	)
Net Income (Loss) Attributable to Common Stockholders – Basic	$	2,925,820		$	(891,614	)
Numerator for Diluted earnings per share:
Net Income(Loss) Attributable to Common Stockholders	$	2,925,820		$	(891,614	)
Series D Preferred Dividends		30,000			-
Net Income (Loss) Attributable to Common Stockholders – Diluted	$	2,955,820		$	(891,614	)
Denominator for basic earnings per share:
Weighted Average Common Shares Outstanding		27,247,531			27,282,385
Denominator for diluted earnings per share:
Weighted Average Common Shares Outstanding		27,247,531			27,282,385
Effect of dilutive securities:
Series D Convertible Preferred Stock		382,500			-
Weighted Average Common Shares Outstanding - Diluted		27,630,031			27,282,385
Net Income (Loss) per Share Attributable to Common Stockholders:
Basic	$	0.11		$	(0.03	)
Diluted	$	0.11		$	(0.03	)