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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
May 09, 2018
Feb. 05, 2018
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues:            
Rental income     $ 144,229 $ 55,904 $ 288,484 $ 113,128
Interest and other income     4,553 2,027 8,891 3,972
Resident fees and services     17,530 6,805 35,023 10,286
Total revenues     166,312 64,736 332,398 127,386
Expenses:            
Depreciation and amortization     46,828 17,220 94,833 36,357
Interest     36,757 15,862 72,575 31,650
Operating expenses     12,299 4,407 24,423 6,827
General and administrative     9,271 5,126 17,138 11,215
Merger and acquisition costs     112 5,887 442 6,451
(Recovery of) provision for doubtful accounts and loan losses     (674) 535 539 2,305
Impairment of real estate     881 0 1,413 0
Total expenses     105,474 49,037 211,363 94,805
Other income:            
Other income     0 941 2,820 3,070
Net gain on sales of real estate     142,903 4,032 142,431 4,032
Total other income     142,903 4,973 145,251 7,102
Income before loss from unconsolidated joint venture and income tax expense     203,741 20,672 266,286 39,683
Loss from unconsolidated joint venture     (2,347) 0 (1,901) 0
Income tax expense     (605) (136) (1,115) (356)
Net income     200,789 20,536 263,270 39,327
Net (income) loss attributable to noncontrolling interests     (2) (16) (12) 16
Net income attributable to Sabra Health Care REIT, Inc.     200,787 20,520 263,258 39,343
Preferred stock dividends     (7,207) (2,560) (9,768) (5,121)
Net income attributable to common stockholders     $ 193,580 $ 17,960 $ 253,490 $ 34,222
Net income attributable to common stockholders, per:            
Basic common share (in dollars per share)     $ 1.09 $ 0.27 $ 1.42 $ 0.52
Diluted common share (in dollars per share)     $ 1.08 $ 0.27 $ 1.42 $ 0.52
Weighted-average number of common shares outstanding, basic (in shares)     178,314,750 65,438,739 178,304,733 65,396,146
Weighted-average number of common shares outstanding, diluted (in shares)     178,684,024 65,670,853 178,600,789 65,694,019
Dividends declared per common share (in dollars per share) $ 0.45 $ 0.45 $ 0.45 $ 0.43 $ 0.90 $ 0.85