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PRO FORMA FINANCIAL INFORMATION (UNAUDITED)
12 Months Ended
Dec. 31, 2016
PRO FORMA FINANCIAL INFORMATION [Abstract]  
PRO FORMA FINANCIAL INFORMATION (UNAUDITED)
PRO FORMA FINANCIAL INFORMATION (UNAUDITED)

The following table summarizes, on an unaudited pro forma basis, the consolidated results of operations of the Company for the years ended December 31, 2016 and 2015. During the year ended December 31, 2016, the Company acquired one skilled nursing/transitional care facility and three senior housing facilities that were accounted for as business combinations. During the year ended December 31, 2015, the Company acquired four skilled nursing/transitional care facilities and 20 senior housing facilities which were all accounted for as business combinations. The following unaudited pro forma information has been prepared to give effect to the acquisitions completed during the year ended December 31, 2016 and December 31, 2015 as if these acquisitions occurred on January 1, 2015 and 2014, respectively. 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, 2015 and 2014, nor does it purport to predict the results of operations for future periods (in thousands, except share and per share amounts):
 
 
Year Ended December 31,
 
 
2016
 
2015
 
 
 
 
 
Revenues
 
$
266,727

 
$
276,978

Depreciation and amortization
 
70,316

 
74,101

Net income attributable to common stockholders
 
65,530

 
99,004

 
 
 
 
 
Net income attributable to common stockholders, per:
 
 
 
 
Basic common share
 
1.00

 
1.59

Diluted common share
 
1.00

 
1.59

 
 
 
 
 
Weighted average number of common shares outstanding, basic
 
65,284,251

 
62,235,014

Weighted average number of common shares outstanding, diluted
 
65,520,672

 
62,460,239


Expensed acquisition pursuit costs of $1.1 million related to the acquisitions completed during year the ended December 31, 2016 are not expected to have a continuing impact and, therefore, have been excluded from the pro forma results for the year ended December 31, 2016.