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CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:        
Rental and related revenues (Note 4) $ 103,168 $ 110,783 $ 213,054 $ 224,166
Interest and other income 8,653 3,031 19,645 5,972
Resident fees and services 44,136 39,118 86,363 75,159
Total revenues 155,957 152,932 319,062 305,297
Expenses:        
Depreciation and amortization 45,172 44,491 90,428 88,866
Interest 25,530 24,270 50,502 48,713
General and administrative 8,649 8,811 19,045 17,749
(Recovery of) provision for loan losses and other reserves (270) (109) 205 1,916
Impairment of real estate 11,745 0 11,745 0
Total expenses 129,704 111,364 248,918 225,225
Other (expense) income:        
Loss on extinguishment of debt 0 (54) (271) (847)
Other (expense) income (2,163) (24) (2,095) 109
Net loss on sales of real estate (4,501) (3,752) (4,501) (2,439)
Total other expense (6,664) (3,830) (6,867) (3,177)
Income before loss from unconsolidated joint ventures and income tax expense 19,589 37,738 63,277 76,895
Loss from unconsolidated joint ventures (2,529) (169,789) (5,331) (174,799)
Income tax expense (255) (522) (539) (1,222)
Net income (loss) $ 16,805 $ (132,573) $ 57,407 $ (99,126)
Net income (loss), per:        
Basic common share (in dollars per share) $ 0.07 $ (0.61) $ 0.25 $ (0.46)
Diluted common share (in dollars per share) $ 0.07 $ (0.61) $ 0.25 $ (0.46)
Weighted-average number of common shares outstanding, basic (in shares) 230,967,163 216,264,207 230,913,462 213,870,329
Weighted-average number of common shares outstanding, diluted (in shares) 231,681,536 216,264,207 231,641,958 213,870,329
Revenue, type, extensible enumeration Health Care, Resident Service [Member] Health Care, Resident Service [Member] Health Care, Resident Service [Member] Health Care, Resident Service [Member]
Triple-net portfolio        
Expenses:        
Operating expenses $ 4,852 $ 5,000 $ 9,863 $ 10,135
Senior housing - managed        
Expenses:        
Operating expenses $ 34,026 $ 28,901 $ 67,130 $ 57,846