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PRO FORMA FINANCIAL INFORMATION
9 Months Ended
Sep. 30, 2017
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, 2017 and 2016 to give effect to the CCP Merger completed during the nine months ended September 30, 2017 and the acquisition of one skilled nursing/transitional care facility and three senior housing communities during the nine months ended September 30, 2016. The following unaudited pro forma information has been prepared to give effect to the acquisitions completed during the three and nine months ended September 30, 2017 and 2016 as if these acquisitions occurred on January 1, 2016 and 2015, 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, 2016 and 2015, nor does it purport to predict the results of operations for future periods.
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2017
 
2016
 
2017
 
2016
 
 
(in thousands, except share and per share amounts)
Revenues
 
$
162,128

 
$
158,245

 
$
480,287

 
$
491,049

Net income attributable to common stockholders
 
37,823

 
78,483

 
209,674

 
177,067

 
 
 
 
 
 
 
 
 
Net income attributable to common stockholders, per:
 
 
 
 
 
 
 
 
Basic common share
 
$
0.24

 
$
0.49

 
$
1.31

 
$
1.11

Diluted common share
 
$
0.24

 
$
0.49

 
$
1.31

 
$
1.11

 
 
 
 
 
 
 
 
 
Weighted-average number of common shares outstanding, basic
 
160,189,442

 
159,347,649

 
159,685,873

 
159,320,952

Weighted-average number of common shares outstanding, diluted
 
160,457,904

 
159,626,789

 
159,964,071

 
159,505,950


Merger and acquisition costs of $29.7 million related to the CCP Merger completed during the nine months ended September 30, 2017 are reflected above as if they were incurred on January 1, 2016.