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Condensed Consolidated Income Statements - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Dec. 31, 2015
Revenues:      
Rental income (related party rental income of $0 and $14,000 for the three months ended March 31, 2016 and 2015, respectively – Note 6) $ 20,897 $ 14,842  
Tenant reimbursements (related party tenant reimbursements of $0 and $1,206 for the three months ended March 31, 2016 and 2015, respectively – Note 6) 1,797 1,258  
Independent living facilities 681 635  
Interest and other income 254 223  
Total revenues 23,629 16,958  
Expenses:      
Depreciation and amortization 7,293 5,599  
Interest expense 6,187 5,901  
Property taxes 1,797 1,258  
Independent living facilities 620 602  
General and administrative 2,230 1,560  
Total expenses 18,127 14,920  
Net income $ 5,502 $ 2,038 $ 10,034
Earnings per common share:      
Basic (in usd per share) $ 0.11 $ 0.06  
Diluted (in usd per share) $ 0.11 $ 0.06  
Weighted-average number of common shares:      
Basic (in shares) 48,101 31,317  
Diluted (in shares) 48,101 31,317  
Dividends declared per common share (in usd per share) $ 0.17 $ 0.16 $ 0.64