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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues:        
Rental and related revenues $ 85,367 $ 100,612 $ 309,533 $ 319,851
Interest and other income 3,405 3,299 9,377 8,756
Resident fees and services 39,819 39,341 114,978 117,908
Total revenues 128,591 143,252 433,888 446,515
Expenses:        
Depreciation and amortization 45,046 44,209 133,912 132,579
Interest 24,243 24,904 72,956 75,900
General and administrative 8,683 7,216 26,432 24,650
(Recovery of) provision for loan losses and other reserves (26) (90) 1,890 706
Impairment of real estate 495 3,154 495 3,154
Total expenses 114,277 112,387 339,502 335,446
Other income (expense):        
Loss on extinguishment of debt (913) (139) (1,760) (531)
Other income 277 115 386 2,308
Net gain (loss) on sales of real estate 655 2,715 (1,784) 2,828
Total other income (expense) 19 2,691 (3,158) 4,605
Income before (loss) income from unconsolidated joint venture and income tax (expense) benefit 14,333 33,556 91,228 115,674
(Loss) income from unconsolidated joint venture (4,018) 2,766 (178,817) (13,037)
Income tax (expense) benefit (92) 138 (1,314) (1,337)
Net income (loss) $ 10,223 $ 36,460 $ (88,903) $ 101,300
Net income (loss), per:        
Basic common share (in dollars per share) $ 0.05 $ 0.18 $ (0.41) $ 0.49
Diluted common share (in dollars per share) $ 0.05 $ 0.18 $ (0.41) $ 0.49
Weighted-average number of common shares outstanding, basic (in shares) 220,865,518 205,791,699 216,227,221 205,592,806
Weighted-average number of common shares outstanding, diluted (in shares) 222,063,910 206,727,167 216,227,221 206,442,674
Revenue, type [Extensible Enumeration]        
Triple-net portfolio        
Expenses:        
Operating expenses $ 5,075 $ 5,249 $ 15,210 $ 15,481
Senior housing - managed        
Expenses:        
Operating expenses $ 30,761 $ 27,745 $ 88,607 $ 82,976