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PRO FORMA FINANCIAL INFORMATION
9 Months Ended
Sep. 30, 2015
PRO FORMA FINANCIAL INFORMATION [Abstract]  
PRO FORMA FINANCIAL INFORMATION
PRO FORMA FINANCIAL INFORMATION
The following table summarizes, on an unaudited pro forma basis, the consolidated results of operations of the Company for the three and nine months ended September 30, 2015 and 2014 to give effect to acquisitions completed during the nine months ended September 30, 2014 and 2015. The Company acquired three skilled nursing/transitional care facilities and 19 senior housing facilities during the nine months ended September 30, 2015. The Company acquired six skilled nursing facilities and 27 senior housing facilities during the nine months ended September 30, 2014. The following unaudited pro forma information has been prepared to give effect to these acquisitions as if these acquisitions occurred on January 1, 2014. 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 January 1, 2014, nor does it purport to predict the results of operations for future periods.
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2015
 
2014
 
2015
 
2014
 
 
(in thousands, except share and per share amounts)
Revenues
 
$
61,278

 
$
62,411

 
$
190,186

 
$
186,682

Depreciation and amortization
 
16,946

 
16,353

 
50,997

 
49,214

Net income attributable to common stockholders
 
20,548

 
27,785

 
64,399

 
56,086

 
 
 
 
 
 
 
 
 
Net income attributable to common stockholders, per:
 
 
 
 
 
 
 
 
Basic common share
 
$
0.32

 
$
0.59

 
$
1.05

 
$
1.29

Diluted common share
 
$
0.31

 
$
0.58

 
$
1.05

 
$
1.28

 
 
 
 
 
 
 
 
 
Weighted-average number of common shares outstanding, basic
 
65,160,290

 
47,359,949

 
61,244,991

 
43,358,620

Weighted-average number of common shares outstanding, diluted
 
65,398,175

 
47,877,202

 
61,468,603

 
43,840,550


Acquisition pursuit costs of $0.5 million and $5.7 million, respectively, related to the acquisitions completed during the three and nine months ended September 30, 2015 are not expected to have a continuing impact and, therefore, have been excluded from these pro forma results.