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Condensed Consolidated Income Statements - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues:        
Rental income $ 42,507 $ 44,123 $ 84,971 $ 82,470
Independent living facilities 615 887 1,240 1,747
Interest and other income 1,046 1,191 2,297 1,642
Total revenues 44,168 46,201 88,508 85,859
Expenses:        
Depreciation and amortization 13,239 13,437 26,399 25,339
Interest expense 5,849 7,285 12,563 14,145
Property taxes 837 456 1,322 1,282
Independent living facilities 546 719 1,092 1,426
General and administrative 4,762 4,606 8,816 7,916
Total expenses 25,233 26,503 50,192 50,108
Other loss:        
Loss on sale of real estate 0 0 (56) 0
Net income $ 18,935 $ 19,698 $ 38,260 $ 35,751
Earnings per common share:        
Basic (in usd per share) $ 0.20 $ 0.21 $ 0.40 $ 0.39
Diluted (in usd per share) $ 0.20 $ 0.21 $ 0.40 $ 0.39
Weighted-average number of common shares:        
Basic (in shares) 95,208 94,036 95,185 91,039
Diluted (in shares) 95,208 94,036 95,185 91,039
Independent living facilities, revenue services us-gaap:HealthCareResidentServiceMember us-gaap:HealthCareResidentServiceMember us-gaap:HealthCareResidentServiceMember us-gaap:HealthCareResidentServiceMember
Independent living facilities, cost of services us-gaap:HealthCareResidentServiceMember us-gaap:HealthCareResidentServiceMember us-gaap:HealthCareResidentServiceMember us-gaap:HealthCareResidentServiceMember