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Condensed Consolidated Income Statements - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2016
Mar. 31, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Dec. 31, 2015
Revenues:            
Rental income (related party rental income of $0 and $2,308 for the three months ended June 30, 2016 and 2015, respectively, and $0 and $16,308 for the six months ended June 30, 2016 and 2015, respectively – Note 6) $ 22,781   $ 15,249 $ 43,678 $ 30,091  
Tenant reimbursements (related party tenant reimbursements of $0 and $200 for the three months ended June 30, 2016 and 2015, respectively, and $0 and $1,406 for the six months ended June 30, 2016 and 2015, respectively – Note 6) 1,929   1,288 3,726 2,546  
Independent living facilities 730   607 1,411 1,242  
Interest and other income 261   232 515 455  
Total revenues 25,701   17,376 49,330 34,334  
Expenses:            
Depreciation and amortization (including a below-market ground lease) 7,892   5,679 15,185 11,278  
Interest expense 5,440   5,989 11,627 11,890  
Property taxes 1,929   1,288 3,726 2,546  
Independent living facilities 598   566 1,218 1,168  
General and administrative 2,211   1,588 4,441 3,148  
Total expenses 18,070   15,110 36,197 30,030  
Net income $ 7,631   $ 2,266 $ 13,133 $ 4,304 $ 10,034
Earnings per common share:            
Basic (in usd per share) $ 0.13   $ 0.07 $ 0.25 $ 0.13  
Diluted (in usd per share) $ 0.13   $ 0.07 $ 0.25 $ 0.13  
Weighted-average number of common shares:            
Basic (in shares) 57,478   31,278 52,789 31,268  
Diluted (in shares) 57,478   31,278 52,789 31,268  
Dividends declared per common share (in usd per share) $ 0.17 $ 0.17 $ 0.16 $ 0.34 $ 0.32 $ 0.64