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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues:    
Rental and related revenues $ 109,886 $ 113,383
Interest and other income 10,992 2,941
Resident fees and services 42,227 36,041
Total revenues 163,105 152,365
Expenses:    
Depreciation and amortization 45,256 44,375
Interest 24,972 24,443
General and administrative 10,396 8,938
Provision for loan losses and other reserves 475 2,025
Total expenses 119,214 113,861
Other (expense) income:    
Loss on extinguishment of debt (271) (793)
Other income 68 133
Net gain on sales of real estate 0 1,313
Total other (expense) income (203) 653
Income before loss from unconsolidated joint venture and income tax expense 43,688 39,157
Loss from unconsolidated joint venture (2,802) (5,010)
Income tax expense (284) (700)
Net income $ 40,602 $ 33,447
Net income, per:    
Basic common share (in dollars per share) $ 0.18 $ 0.16
Diluted common share (in dollars per share) $ 0.18 $ 0.16
Weighted-average number of common shares outstanding, basic (in shares) 230,859,993 211,450,699
Weighted-average number of common shares outstanding, diluted (in shares) 231,564,970 212,624,305
Revenue, type [Extensible Enumeration] Health Care, Resident Service [Member] Health Care, Resident Service [Member]
Triple-net portfolio    
Expenses:    
Operating expenses $ 5,011 $ 5,135
Senior housing - managed    
Expenses:    
Operating expenses $ 33,104 $ 28,945