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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues:        
Rental and related revenues (Note 6) $ 85,354 $ 94,555 $ 281,214 $ 285,427
Resident fees and services 92,017 73,746 248,449 207,716
Interest and other income 12,666 9,700 33,067 27,746
Total revenues 190,037 178,001 562,730 520,889
Expenses:        
Depreciation and amortization 48,511 42,720 135,591 127,315
Interest 28,901 29,467 83,549 87,189
General and administrative 12,560 12,404 37,802 37,035
Recovery of loan losses (240) (148) (640) (446)
Impairment of real estate 2,571 0 6,674 18,472
Total expenses 161,957 142,947 453,665 436,815
Loss on extinguishment of debt (1,154) 0 (1,154) 0
Other (expense) income (769) 0 13,978 838
Net (loss) gain on sales of real estate (4,430) (5,745) 5,544 (3,969)
Total other (expense) income (6,353) (5,745) 18,368 (3,131)
Income before income (loss) from unconsolidated joint ventures and income tax (expense) benefit 21,727 29,309 127,433 80,943
Income (loss) from unconsolidated joint ventures 1,226 214 2,276 (301)
Income tax (expense) benefit (436) 265 (1,346) (625)
Net income 22,517 29,788 128,363 80,017
Net loss attributable to noncontrolling interests 21 0 21 0
Net income attributable to Sabra Health Care REIT, Inc. $ 22,538 $ 29,788 $ 128,384 $ 80,017
Net income attributable to Sabra Health Care REIT, Inc., per:        
Basic common share (in dollars per share) $ 0.09 $ 0.13 $ 0.54 $ 0.34
Diluted common share (in dollars per share) $ 0.09 $ 0.13 $ 0.53 $ 0.34
Weighted average number of common shares outstanding, basic (in shares) 239,896,059 234,290,187 238,595,147 232,459,388
Weighted average number of common shares outstanding, diluted (in shares) 243,558,449 237,043,400 241,593,992 234,777,101
Triple-net portfolio        
Expenses:        
Operating expenses $ 3,708 $ 4,270 $ 10,885 $ 12,992
Senior housing - managed        
Expenses:        
Operating expenses $ 65,946 $ 54,234 $ 179,804 $ 154,258