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CONDENSED CONSOLIDATED INCOME STATEMENTS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues:        
Rental income $ 86,033 $ 55,407 $ 157,679 $ 108,909
Interest income from financing receivable 2,886 0 5,693 0
Interest income from other real estate related investments and other income 23,550 13,484 45,718 23,052
Total revenues 112,469 68,891 209,090 131,961
Expenses:        
Depreciation and amortization 21,215 13,860 39,056 27,308
Interest expense 13,038 8,679 19,707 16,907
Property taxes and insurance 2,117 1,976 4,182 3,777
Impairment of real estate investments 0 25,711 0 28,455
Property operating expenses 938 255 1,043 915
General and administrative 12,549 6,136 21,572 12,974
Total expenses 49,918 56,617 86,509 90,336
Other income (loss):        
Gain on sale of real estate, net 0 21 3,876 32
Unrealized gain (loss) on other real estate related investments, net 1,968 (1,877) 3,255 (2,489)
Gain on foreign currency transaction 4,413 0 4,413 0
Total other income (loss) 6,381 (1,856) 11,544 (2,457)
Income before income tax expense 68,932 10,418 134,125 39,168
Income tax expense (1,030) 0 (1,030) 0
Net income 67,902 10,418 133,095 39,168
Net loss attributable to noncontrolling interests (643) (340) (1,252) (336)
Net income attributable to CareTrust REIT, Inc. $ 68,545 $ 10,758 $ 134,347 $ 39,504
Earnings per common share attributable to CareTrust REIT, Inc:        
Basic (in usd per share) $ 0.36 $ 0.07 $ 0.71 $ 0.28
Diluted (in usd per share) $ 0.35 $ 0.07 $ 0.70 $ 0.28
Weighted-average number of common shares:        
Basic (in shares) 192,444 144,895 189,813 138,866
Diluted (in shares) 192,851 145,258 190,130 139,230