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Condensed Consolidated and Combined Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Revenues:        
Rental income (related party rental income of $2,308 and $4,667 for the three months ended June 30, 2015 and 2014, respectively and $16,308 and $4,667 for the six months ended June 30, 2015 and 2014, respectively – Note 6) $ 15,249 $ 12,205 $ 30,091 $ 23,228
Tenant reimbursements (related party tenant reimbursements of $200 and $396 for the three months ended June 30, 2015 and 2014, respectively and $1,406 and $396 for the six months ended June 30, 2015 and 2014, respectively – Note 6) 1,288 1,237 2,546 2,498
Independent living facilities 607 623 1,242 1,210
Interest and other income 232 0 455 0
Total revenues 17,376 14,065 34,334 26,936
Expenses:        
Depreciation and amortization 5,679 6,070 11,278 12,269
Interest expense 5,989 6,452 11,890 9,779
Loss on extinguishment of debt 0 4,067 0 4,067
Property taxes 1,288 1,237 2,546 2,498
Independent living facilities 566 555 1,168 1,098
General and administrative 1,588 6,009 3,148 7,912
Total expenses 15,110 24,390 30,030 37,623
Income (loss) before provision for income taxes 2,266 (10,325) 4,304 (10,687)
Provision for income taxes 0 17 0 53
Net income (loss) $ 2,266 $ (10,342) $ 4,304 $ (10,740)
Earnings (loss) per common share:        
Basic $ 0.07 $ (0.47) $ 0.13 $ (0.48)
Diluted $ 0.07 $ (0.47) $ 0.13 $ (0.48)
Weighted-average number of common shares:        
Basic 31,278 22,231 31,268 22,230
Diluted 31,278 22,231 31,268 22,230
Dividends declared per common share (in usd per share) $ 0.16 $ 0 $ 0.32 $ 0