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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Aug. 02, 2017
May 08, 2017
Feb. 03, 2017
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues:              
Rental income       $ 100,145 $ 56,833 $ 213,273 $ 167,442
Interest and other income       4,090 3,157 8,062 25,482
Resident fees and services       7,554 1,937 17,840 5,811
Total revenues       111,789 61,927 239,175 198,735
Expenses:              
Depreciation and amortization       25,933 17,102 62,290 51,273
Interest       24,568 15,794 56,218 49,139
Operating expenses       5,102 1,404 11,929 4,256
General and administrative       12,944 4,966 24,159 13,513
Merger and acquisition costs       23,299 1,051 29,750 1,222
Provision for doubtful accounts and loan losses       5,149 540 7,454 3,286
Impairment of real estate       0 0 0 29,811
Total expenses       96,995 40,857 191,800 152,500
Other income (expense):              
Loss on extinguishment of debt       (553) 0 (553) (556)
Other income       51 2,945 3,121 5,345
Net gain (loss) on sale of real estate       582 1,451 4,614 (3,203)
Total other income (expense)       80 4,396 7,182 1,586
Income before income tax expense       14,874 25,466 54,557 47,821
Income tax benefit (expense)       195 (154) (161) (786)
Net income       15,069 25,312 54,396 47,035
Net loss attributable to noncontrolling interests       26 25 42 66
Net income attributable to Sabra Health Care REIT, Inc.       15,095 25,337 54,438 47,101
Preferred stock dividends       (2,561) (2,561) (7,682) (7,682)
Net income attributable to common stockholders       $ 12,534 $ 22,776 $ 46,756 $ 39,419
Net income attributable to common stockholders, per:              
Basic common share (in dollars per share)       $ 0.11 $ 0.35 $ 0.58 $ 0.60
Diluted common share (in dollars per share)       $ 0.11 $ 0.35 $ 0.57 $ 0.60
Weighted-average number of common shares outstanding, basic (in shares)       112,149,638 65,312,288 81,150,846 65,285,591
Weighted-average number of common shares outstanding, diluted (in shares)       112,418,100 65,591,428 81,429,044 65,470,589
Dividends declared per common share (in dollars per share) $ 0.3598913 $ 0.43 $ 0.42 $ 0.3598913 $ 0.42 $ 1.21 $ 1.25