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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenues:        
Rental and related revenues $ 110,104 $ 130,467 $ 339,291 $ 418,951
Interest and other income 3,325 3,932 77,145 12,823
Resident fees and services 36,405 17,403 89,537 52,426
Total revenues 149,834 151,802 505,973 484,200
Expenses:        
Depreciation and amortization 43,092 48,468 137,517 143,301
Interest 29,255 37,305 99,181 109,880
General and administrative 8,709 8,173 24,952 25,753
Provision for doubtful accounts, straight-line rental income and loan losses 57 8,910 1,457 9,449
Impairment of real estate 13,966 0 119,102 1,413
Total expenses 124,669 115,467 459,607 326,830
Other income (expense):        
Loss on extinguishment of debt (644) 0 (10,763) 0
Other income 215 1,336 385 4,156
Net (loss) gain on sales of real estate (19) 14 1,216 142,445
Total other income (expense) (448) 1,350 (9,162) 146,601
Income before loss from unconsolidated joint venture and income tax expense 24,717 37,685 37,204 303,971
Loss from unconsolidated joint venture (605) (1,725) (5,635) (3,626)
Income tax expense (826) (732) (2,292) (1,847)
Net income 23,286 35,228 29,277 298,498
Net income attributable to noncontrolling interests (4) (10) (22) (22)
Net income attributable to Sabra Health Care REIT, Inc. 23,282 35,218 29,255 298,476
Preferred stock dividends 0 0 0 (9,768)
Net income attributable to common stockholders $ 23,282 $ 35,218 $ 29,255 $ 288,708
Net income attributable to common stockholders, per:        
Basic common share (in dollars per share) $ 0.12 $ 0.20 $ 0.16 $ 1.62
Diluted common share (in dollars per share) $ 0.12 $ 0.20 $ 0.16 $ 1.62
Weighted-average number of common shares outstanding, basic (in shares) 190,650,400 178,317,769 183,578,254 178,309,127
Weighted-average number of common shares outstanding, diluted (in shares) 191,952,389 178,941,213 184,698,411 178,729,853
Triple-Net Portfolio        
Expenses:        
Operating expenses $ 5,611 $ 0 $ 17,140 $ 0
Senior Housing - Managed        
Expenses:        
Operating expenses $ 23,979 $ 12,611 $ 60,258 $ 37,034