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Condensed Consolidated Income Statements - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Mar. 31, 2019
Jun. 30, 2018
Mar. 31, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues:            
Rental income $ 44,123       $ 82,470  
Rental income     $ 34,708     $ 68,524
Tenant reimbursements     3,016     5,984
Independent living facilities 887   845   1,747 1,644
Interest and other income 1,191   400   1,642 918
Total revenues 46,201   38,969   85,859 77,070
Expenses:            
Depreciation and amortization 13,437   11,299   25,339 22,876
Interest expense 7,285   7,285   14,145 14,377
Property taxes 456   3,016   1,282 5,984
Independent living facilities 719   744   1,426 1,460
General and administrative 4,606   3,358   7,916 6,550
Total expenses 26,503   25,702   50,108 51,247
Other income:            
Gain on sale of real estate 0   0   0 2,051
Net income $ 19,698 $ 16,053 $ 13,267 $ 14,607 $ 35,751 $ 27,874
Earnings per common share:            
Basic (in usd per share) $ 0.21   $ 0.17   $ 0.39 $ 0.36
Diluted (in usd per share) $ 0.21   $ 0.17   $ 0.39 $ 0.36
Weighted-average number of common shares:            
Basic (in shares) 94,036   76,374   91,039 75,941
Diluted (in shares) 94,036   76,374   91,039 75,941