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CONSOLIDATED STATEMENTS OF (LOSS) INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:        
Rental and related revenues (Note 4) $ 84,214 $ 85,367 $ 297,268 $ 309,533
Interest and other income 8,940 3,405 28,585 9,377
Resident fees and services 47,610 39,819 133,973 114,978
Total revenues 140,764 128,591 459,826 433,888
Expenses:        
Depreciation and amortization 47,427 45,046 137,855 133,912
Interest 27,071 24,243 77,573 72,956
General and administrative 9,676 8,683 28,721 26,432
(Recovery of) provision for loan losses and other reserves (217) (26) (12) 1,890
Impairment of real estate 60,857 495 72,602 495
Total expenses 186,639 114,277 435,557 339,502
Other income (expense):        
Loss on extinguishment of debt (140) (913) (411) (1,760)
Other income (expense) 994 277 (1,101) 386
Net (loss) gain on sales of real estate (80) 655 (4,581) (1,784)
Total other income (expense) 774 19 (6,093) (3,158)
(Loss) income before loss from unconsolidated joint ventures and income tax expense (45,101) 14,333 18,176 91,228
Loss from unconsolidated joint ventures (4,384) (4,018) (9,715) (178,817)
Income tax expense (579) (92) (1,118) (1,314)
Net (loss) income $ (50,064) $ 10,223 $ 7,343 $ (88,903)
Net (loss) income, per:        
Basic common share (in dollars per share) $ (0.22) $ 0.05 $ 0.03 $ (0.41)
Diluted common share (in dollars per share) $ (0.22) $ 0.05 $ 0.03 $ (0.41)
Weighted-average number of common shares outstanding, basic (in shares) 230,982,227 220,865,518 230,936,032 216,227,221
Weighted-average number of common shares outstanding, diluted (in shares) 230,982,227 222,063,910 231,779,750 216,227,221
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 $ 5,120 $ 5,075 $ 14,983 $ 15,210
Senior housing - managed        
Expenses:        
Operating expenses $ 36,705 $ 30,761 $ 103,835 $ 88,607