XML 14 R4.htm IDEA: XBRL DOCUMENT v3.24.3
CONDENSED CONSOLIDATED INCOME STATEMENTS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues:        
Rental income $ 57,153 $ 51,218 $ 166,062 $ 145,126
Interest and other income 20,228 4,659 43,280 12,910
Total revenues 77,381 55,877 209,342 158,036
Expenses:        
Depreciation and amortization 14,009 13,034 41,317 37,988
Interest expense 8,281 11,750 25,188 32,617
Property taxes 2,115 2,167 5,892 4,437
Impairment of real estate investments 8,417 8,232 36,872 31,510
Property operating expenses 3,477 1,239 4,392 2,860
General and administrative 6,663 5,519 19,637 15,298
Total expenses 42,962 41,941 133,298 124,710
Other loss:        
Loss on extinguishment of debt (657) 0 (657) 0
(Loss) gain on sale of real estate, net (2,286) 0 (2,254) 1,958
Unrealized gain (loss) on other real estate related investments, net 1,800 (5,251) (689) (7,856)
Total other loss (1,143) (5,251) (3,600) (5,898)
Net income 33,276 8,685 72,444 27,428
Net loss attributable to noncontrolling interests (165) (11) (501) (11)
Net income attributable to CareTrust REIT, Inc. $ 33,441 $ 8,696 $ 72,945 $ 27,439
Earnings per common share attributable to CareTrust REIT, Inc:        
Basic (in usd per share) $ 0.21 $ 0.08 $ 0.50 $ 0.27
Diluted (in usd per share) $ 0.21 $ 0.08 $ 0.50 $ 0.27
Weighted-average number of common shares:        
Basic (in shares) 159,459 104,011 145,780 100,748
Diluted (in shares) 159,850 104,311 146,153 100,918