Earnings Per Common Share of the REIT (Tables)

9 Months Ended

Sep. 30, 2014

Amounts Used in Computing Basic and Diluted Earnings per Common Share/ Unit

The following table shows the amounts used in computing the basic and diluted earnings per common share (in thousands except for share and per share amounts).

	For the Three Months Ended September 30,						For the Nine Months Ended September 30,
	2014			2013			2014			2013
Numerator for earnings per common share—basic:
Net income	$	12,035		$	10,067		$	31,951		$	12,031
Net income allocable to noncontrolling interests		(2,344	)		(2,446	)		(6,662	)		(3,236	)
Numerator for earnings per common share—basic	$	9,691		$	7,621		$	25,289		$	8,795
Numerator for earnings per common share—diluted:
Numerator for earnings per common share—basic	$	9,691		$	7,621		$	25,289		$	8,795
Net income allocable to noncontrolling interests—OP units		2,344			2,446			6,662			2,228
Numerator for earnings per common share—diluted	$	12,035		$	10,067		$	31,951		$	11,023
Denominator for earnings per common share—basic and diluted:
Denominator for earnings per common share—basic		47,213,612			37,271,714			43,576,705			32,408,843
Effect of dilutive securities:
Noncontrolling interests—OP units		11,419,777			11,938,420			11,478,543			8,221,330
Stock options		2,155,075			1,599,302			1,953,632			1,454,735
Restricted stock units		179,403			29,093			118,904			16,169
Denominator for earnings per common share—diluted		60,967,867			50,838,529			57,127,784			42,101,077
Basic earnings per common share
Net income allocable to common stockholders	$	0.21		$	0.20		$	0.58		$	0.27
Diluted earnings per common share
Net income allocable to common stockholders	$	0.20		$	0.20		$	0.56		$	0.26

Aviv Healthcare Properties Limited Partnership

Amounts Used in Computing Basic and Diluted Earnings per Common Share/ Unit

The following table shows the amounts used in computing the basic and diluted earnings per unit (in thousands except for unit and per unit amounts).

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2014		2013		2014		2013
Numerator for earnings per unit—basic:
Net income	$	12,035	$	10,067	$	31,951	$	12,031
Net income allocable to limited partners		—		—		—		(1,008	)
Numerator for earnings per unit—basic:	$	12,035	$	10,067	$	31,951	$	11,023
Numerator for earnings per unit— diluted:
Numerator for earnings per unit—diluted	$	12,035	$	10,067	$	31,951	$	11,023
Denominator for earnings per unit— basic and diluted:
Denominator for basic earnings per unit— basic		58,633,389		49,210,134		55,055,248		40,630,173
Effective dilutive securities:
Stock options		2,155,075		1,599,302		1,953,632		1,454,735
Restricted stock units		179,403		29,093		118,904		16,169
Denominator for earnings per unit—diluted		60,967,867		50,838,529		57,127,784		42,101,077
Basic earnings per unit:
Net income allocable to units	$	0.21	$	0.20	$	0.58	$	0.27
Diluted earnings per unit:
Net income allocable to units	$	0.20	$	0.20	$	0.56	$	0.26