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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues:        
Rental and related revenues $ 112,727 $ 112,800 $ 219,239 $ 229,187
Interest and other income 2,606 70,495 5,457 73,820
Resident fees and services 38,584 36,071 78,567 53,132
Total revenues 153,917 219,366 303,263 356,139
Expenses:        
Depreciation and amortization 44,202 49,476 88,370 94,425
Interest 25,292 33,608 50,996 69,926
General and administrative 8,673 8,059 17,434 16,243
Provision for loan losses and other reserves 129 193 796 1,400
Impairment of real estate 0 2,002 0 105,136
Total expenses 111,597 123,817 223,059 334,938
Other (expense) income:        
Loss on extinguishment of debt (392) (10,119) (392) (10,119)
Other (expense) income (66) (1) 2,193 170
Net gain on sales of real estate 330 2,755 113 1,235
Total other (expense) income (128) (7,365) 1,914 (8,714)
Income before loss from unconsolidated joint venture and income tax expense 42,192 88,184 82,118 12,487
Loss from unconsolidated joint venture (12,136) (3,647) (15,803) (5,030)
Income tax expense (433) (854) (1,475) (1,466)
Net income 29,623 83,683 64,840 5,991
Net income attributable to noncontrolling interest 0 (6) 0 (18)
Net income attributable to common stockholders $ 29,623 $ 83,677 $ 64,840 $ 5,973
Net income attributable to common stockholders, per:        
Basic common share (in dollars per share) $ 0.14 $ 0.46 $ 0.32 $ 0.03
Diluted common share (in dollars per share) $ 0.14 $ 0.46 $ 0.31 $ 0.03
Weighted-average number of common shares outstanding, basic (in shares) 205,593,653 181,567,464 205,493,829 179,984,959
Weighted-average number of common shares outstanding, diluted (in shares) 206,219,162 182,254,100 206,194,282 180,637,059
Triple-Net Portfolio        
Expenses:        
Operating expenses $ 5,331 $ 6,240 $ 10,232 $ 11,529
Senior Housing - Managed        
Expenses:        
Operating expenses $ 27,970 $ 24,239 $ 55,231 $ 36,279