XML 14 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Income Statements - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Dec. 31, 2017
Revenues:              
Rental income $ 35,332     $ 29,404 $ 103,856 $ 85,254  
Tenant reimbursements 2,990     2,543 8,974 7,253  
Independent living facilities 871     825 2,515 2,407  
Interest and other income 317     176 1,235 1,471  
Total revenues 39,510     32,948 116,580 96,385  
Expenses:              
Depreciation and amortization 11,351     9,745 34,227 28,156  
Interest expense 6,805     5,592 21,182 17,690  
Loss on the extinguishment of debt 0     0 0 11,883  
Property taxes 2,990     2,543 8,974 7,253  
Independent living facilities 766     698 2,226 2,003  
Impairment of real estate investment 0     0 0 890  
General and administrative 3,088     3,059 9,638 8,426  
Total expenses 25,000     21,637 76,247 76,301  
Other income:              
Gain on sale of real estate 0     0 2,051 0  
Gain on disposition of other real estate investment 0     0 0 3,538  
Net income $ 14,510     $ 11,311 $ 42,384 $ 23,622 $ 25,874
Earnings per common share:              
Basic (in usd per share) $ 0.18     $ 0.15 $ 0.54 $ 0.33  
Diluted (in usd per share) $ 0.18     $ 0.15 $ 0.54 $ 0.33  
Weighted-average number of common shares:              
Basic (in shares) 81,490     75,471 77,811 71,693  
Diluted (in shares) 81,490     75,471 77,811 71,693  
Dividends declared per common share (in usd per share) $ 0.205 $ 0.205 $ 0.205 $ 0.185 $ 0.615 $ 0.555 $ 0.74