{
  "docId": "019dd923-622c-750b-8b98-6c161919ee4d",
  "docSlug": "090aa5466284",
  "documentTitle": "Healthcare Trust of America, Inc. (HTA)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Ben Axler",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2018-06-07 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 14,
  "pageCount": 39,
  "prevPage": 13,
  "nextPage": 15,
  "slideType": "expose_contradiction",
  "function": "expose_contradiction",
  "density": "dense",
  "nDataPoints": 2,
  "notes": "The slide uses a 'before-after' style framing to attribute poor stock performance to a specific individual's leadership.",
  "elementsJson": [
    "headline_text",
    "callout_box",
    "candlestick",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b98-6c161919ee4d/14",
  "deckHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b98-6c161919ee4d#slide-14",
  "components": [
    {
      "bbox": {
        "h": 0.1,
        "w": 0.25,
        "x": 0.59,
        "y": 0.49
      },
      "kind": "callout",
      "text": "Dec 2007-July 2008: Scott Peters Tenure As CEO and President",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "20af8d20-1052-4c06-8e03-42ae7cdb435c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.25,
        "x": 0.15,
        "y": 0.5
      },
      "kind": "callout",
      "text": "Feb 1997-Feb 2007: Scott Peters Tenure As Co-Founder CFO, SVP and Director",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9253fb31-6025-438c-a865-f2e1473fd12c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "callout",
      "text": "Scott Peters at the helm has lead to significant destruction of shareholder value.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-e6ec-7186-b7ce-7959379aca4b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.43,
        "w": 0.48,
        "x": 0.51,
        "y": 0.37
      },
      "kind": "chart",
      "text": "Grubb & Ellis Company stock chart",
      "attrs": null,
      "subkind": "line",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "0ac1c340-e593-44db-b95c-f77d0fa67297",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.43,
        "w": 0.48,
        "x": 0.02,
        "y": 0.37
      },
      "kind": "chart",
      "text": "Golf Trust of America, Inc stock chart",
      "attrs": null,
      "subkind": "line",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "50b3bb58-bf3a-4e25-ba39-c319e3cbdd60",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.9,
        "x": 0.05,
        "y": 0.2
      },
      "kind": "paragraph",
      "text": "Scott Peters at the helm has lead to significant destruction of shareholder value.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "751efa64-d177-46c5-8784-ded54814cb40",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.1,
        "x": 0.02,
        "y": 0.95
      },
      "kind": "source-note",
      "text": "Source: Bloomberg",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e06d9de4-be77-4717-b0c6-f6e90c3c67d1",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.6,
        "x": 0.34,
        "y": 0.05
      },
      "kind": "title",
      "text": "Stock Charts of Scott Peters' Failures",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "21742d13-c840-4eef-8c8d-fda52b470ede",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "before-after-framing",
      "slug": null,
      "matchId": "ac451039-c0fd-490f-998c-ccd8226873a8",
      "evidence": "The slide contrasts two distinct periods of leadership to imply causation for stock decline.",
      "confidence": 0.9
    }
  ],
  "arcBeats": [
    {
      "to": 16,
      "from": 10,
      "beatId": "b5cbe35a-6712-428e-8d85-c3b576ac795b",
      "arcName": "Overcoming the Monster",
      "arcSlug": "overcoming-monster",
      "beatName": "The Monster",
      "beatSlug": "overcoming-monster-the-monster",
      "evidence": "The sections on CEO Scott Peters and his relationships, as well as the tables and charts exposing contradictions in HTA's narrative, reveal the 'monster' of accounting irregularities.",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": "Hook",
      "parentBeatSlug": "hook"
    }
  ],
  "loops": [
    {
      "to": 16,
      "from": 10,
      "name": "Tale Two Worlds",
      "slug": "04-tale-two-worlds",
      "bestFor": "Competitive analysis, benchmarking, case for change",
      "matchId": "cde73ef4-cc5b-4311-b350-956b297f4f8c",
      "evidence": "The deck presents two worlds: the one HTA wants investors to believe, and the actual reality of its accounting practices and CEO's relationships.",
      "position": 0,
      "objective": "to contrast the narrative presented by HTA with the reality of its CEO's relationships and accounting practices",
      "structure": "Current State -> Desired State / Benchmark -> The Gap & Implication",
      "confidence": 0.7,
      "description": "Show the gap between two states to drive urgency or highlight opportunity"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}