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Consolidated Income Statements - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenues:                      
Rental income                 $ 117,633 $ 93,126 $ 65,979
Tenant reimbursements                 10,254 7,846 5,497
Independent living facilities                 3,228 2,970 2,510
Interest and other income                 1,867 737 965
Total revenues $ 36,597 $ 32,948 $ 32,829 $ 30,608 $ 28,243 $ 27,106 $ 25,701 $ 23,629 132,982 104,679 74,951
Expenses:                      
Depreciation and amortization                 39,159 31,965 24,133
Interest expense                 24,196 22,873 24,048
Loss on the extinguishment of debt                 11,883 326 1,208
Property taxes                 10,254 7,846 5,497
Independent living facilities                 2,733 2,549 2,376
Impairment of real estate investment                 890 0 0
Acquisition costs                 0 205 0
Reserve for advances and deferred rent                 10,414 0 0
General and administrative                 11,117 9,297 7,655
Total expenses                 110,646 75,061 64,917
Other income (expense):                      
Loss on sale of asset                 0 (265) 0
Gain on disposition of other real estate investment                 3,538 0 0
Net income $ 2,252 $ 11,311 $ 2,030 $ 10,281 $ 8,388 $ 7,832 $ 7,631 $ 5,502 $ 25,874 $ 29,353 $ 10,034
Earnings per common share:                      
Basic (usd per share) $ 0.03 $ 0.15 $ 0.03 $ 0.15 $ 0.14 $ 0.13 $ 0.13 $ 0.11 $ 0.35 $ 0.52 $ 0.26
Diluted (usd per share) $ 0.03 $ 0.15 $ 0.03 $ 0.15 $ 0.14 $ 0.13 $ 0.13 $ 0.11 $ 0.35 $ 0.52 $ 0.26
Weighted-average number of common shares:                      
Basic (shares) 75,476 75,471 72,564 66,951 60,875 57,595 57,478 48,101 72,647 56,030 37,380
Diluted (shares) 75,476 75,471 72,564 66,951 60,875 57,595 57,478 48,101 72,647 56,030 37,380