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PRO FORMA FINANCIAL INFORMATION
6 Months Ended
Jun. 30, 2011
PRO FORMA FINANCIAL INFORMATION [Abstract]  
Pro Forma Financial Information [Text Block]
PRO FORMA FINANCIAL INFORMATION


The following table summarizes, on an unaudited pro forma basis, the combined results of operations of the Company for the three and six months ended June 30, 2011. The Company acquired two properties—Texas Regional Medical Center and Oak Brook Health Care Center—during the three months ended June 30, 2011 and a mortgage note—the Hillside Terrace Mortgage Note—during the three months ended March 31, 2011. The following unaudited pro forma information for the three and six months ended June 30, 2011 has been prepared to give effect to the acquisitions as if they had occurred on January 1, 2011. This pro forma information does not purport to represent what the actual results of operations of the Company would have been had these acquisitions occurred on this date, nor does it purport to predict the results of operations for future periods (in thousands, except share and per share amounts).
 
 
Three Months Ended June 30, 2011
 
Six Months Ended June 30, 2011
 
 
 
 
 
Revenues
 
$
19,531


 
$
39,063


Depreciation and amortization
 
$
6,578


 
$
13,191


Net income
 
$
2,852


 
$
5,734


Net income per common share, basic
 
$
0.11


 
$
0.23


Net income per common share, diluted
 
$
0.11


 
$
0.23


Weighted-average number of common shares outstanding, basic
 
25,154,284


 
25,140,781


Weighted-average number of common shares outstanding, diluted
 
25,226,179


 
25,210,575