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PRO FORMA FINANCIAL INFORMATION
9 Months Ended
Sep. 30, 2016
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, 2016 and 2015 to give effect to acquisitions completed during the nine months ended September 30, 2016 and 2015. The Company acquired one skilled nursing/transitional care facility and three senior housing facilities during the nine months ended September 30, 2016. The Company acquired three skilled nursing/transitional care facilities and 19 senior housing facilities during the nine months ended September 30, 2015. 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,
 
 
2016
 
2015
 
2016
 
2015
 
 
(in thousands, except share and per share amounts)
Revenues
 
$
62,858

 
$
63,890

 
$
204,889

 
$
198,021

Depreciation and amortization
 
17,404

 
17,714

 
53,111

 
53,301

Net income attributable to common stockholders
 
24,512

 
22,392

 
44,842

 
69,930

 
 
 
 
 
 
 
 
 
Net income attributable to common stockholders, per:
 
 
 
 
 
 
 
 
Basic common share
 
$
0.38

 
$
0.34

 
$
0.69

 
$
1.14

Diluted common share
 
$
0.37

 
$
0.34

 
$
0.68

 
$
1.14

 
 
 
 
 
 
 
 
 
Weighted-average number of common shares outstanding, basic
 
65,312,288

 
65,160,290

 
65,285,591

 
61,244,991

Weighted-average number of common shares outstanding, diluted
 
65,591,428

 
65,398,175

 
65,470,589

 
61,468,603



Acquisition pursuit costs of $1.1 million related to acquisitions completed during the three and nine months ended September 30, 2016 are not expected to have a continuing impact and, therefore, have been excluded from these pro forma results.