Caretrust reit, inc. (CTRE)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Sep'13Jun'13
Revenues:
Rental income

42,464

41,620

31,577

44,123

38,347

36,217

35,332

34,708

33,816

32,379

29,404

28,511

27,339

25,269

24,179

22,781

20,897

20,110

15,778

15,249

14,842

14,139

14,000

12,205

11,023

10,713

10,231

Tenant reimbursements

-

-

-

-

-

2,950

2,990

3,016

2,968

3,001

2,543

2,389

2,321

2,031

2,089

1,929

1,797

1,631

1,320

1,288

1,258

1,229

1,228

1,237

1,262

1,260

1,219

Independent living facilities

625

713

929

887

860

864

871

845

799

821

825

789

793

793

766

730

681

642

626

607

635

663

646

623

587

-

-

Interest and other income

1,251

1,895

808

1,191

451

330

317

400

518

396

176

1,140

155

150

72

261

254

249

261

232

223

-

10

0

-

-

-

Other revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

585

602

Total revenues

44,340

44,228

33,314

46,201

39,658

40,361

39,510

38,969

38,101

36,597

32,948

32,829

30,608

28,243

27,106

25,701

23,629

22,632

17,985

17,376

16,958

16,076

15,884

14,065

12,872

12,558

12,052

Expenses:
Depreciation and amortization

13,160

13,063

13,420

13,437

11,902

11,539

11,351

11,299

11,577

11,003

9,745

9,335

9,076

8,532

8,248

7,892

7,293

7,040

5,815

5,679

5,599

5,369

5,362

6,070

6,199

5,968

5,802

Interest expense

6,714

6,916

7,064

7,285

6,860

6,678

6,805

7,285

7,092

6,506

5,592

6,219

5,879

5,530

5,743

5,440

6,187

4,938

7,221

5,989

5,900

5,900

5,943

6,452

3,327

3,151

3,073

Loss on the extinguishment of debt

-

-

-

-

-

-

-

-

-

-

0

-11,883

-

-

0

0

-

-

-

-

-

-

0

-4,067

-

-

-

Property taxes

485

741

1,025

456

826

2,950

2,990

3,016

2,968

3,001

2,543

2,389

2,321

2,031

2,089

1,929

1,797

1,631

1,320

1,288

1,258

1,229

1,228

1,237

1,262

1,260

1,219

Independent living facilities

546

666

806

719

707

738

766

744

716

730

698

644

661

623

708

598

620

598

610

566

602

559

586

555

543

-

-

Impairment of real estate investments

-

-

16,692

-

-

-

0

-

-

-

0

890

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Provision for loan losses

-

-

1,076

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

203

-

-

-

0

-

-

-

-

-

-

44

211

Operating expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

500

415

General and administrative

4,054

3,740

3,502

4,606

3,310

2,917

3,088

3,358

3,192

2,691

3,059

2,977

2,390

2,573

2,283

2,211

2,230

2,215

2,292

1,588

1,560

2,394

798

6,009

1,904

1,845

730

Total expenses

24,959

25,126

43,585

26,503

23,605

24,822

25,000

25,702

25,545

34,345

21,637

34,337

20,327

19,590

19,274

18,070

18,127

17,629

17,258

15,110

14,920

15,498

13,917

24,390

13,235

12,768

11,450

Other loss:
Loss on sale of real estate

-56

1,560

217

0

0

0

0

0

2,051

0

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Gain on disposition of other real estate investment

-

-

-

-

-

-

-

-

-

-

0

3,538

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) before provision for income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,967

-10,325

-363

-210

602

Provision for income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

17

37

63

61

Net income

19,325

20,662

-10,054

19,698

16,053

15,539

14,510

13,267

14,607

2,252

11,311

2,030

10,281

8,388

7,832

7,631

5,502

5,003

727

2,266

2,038

632

1,967

-10,342

-400

-273

541

Earnings per common share:
Basic (in usd per share)

0.20

0.21

-0.11

0.21

0.18

0.19

0.18

0.17

0.19

0.02

0.15

0.03

0.15

0.15

0.13

0.13

0.11

0.11

0.02

0.07

0.06

0.04

0.09

-0.47

-0.02

-0.01

0.02

Diluted (in usd per share)

0.20

0.21

-0.11

0.21

0.18

0.18

0.18

0.17

0.19

0.02

0.15

0.03

0.15

0.15

0.13

0.13

0.11

0.11

0.02

0.07

0.06

0.04

0.09

-0.47

-0.02

-0.01

0.02

Weighted-average number of common shares:
Basic (in shares)

95,161

95,203

95,103

94,036

88,010

84,176

81,490

76,374

75,504

75,602

75,471

72,564

66,951

60,946

57,595

57,478

48,101

47,800

39,125

31,278

31,317

24,498

22,255

22,231

22,168

22,228

22,228

Diluted (in shares)

95,161

95,243

95,103

94,036

88,010

84,200

81,490

76,374

75,504

75,602

75,471

72,564

66,951

60,946

57,595

57,478

48,101

47,800

39,125

31,278

31,317

24,317

22,436

22,231

22,168

22,228

22,436

Dividends declared per common share (in usd per share)

-

-

-

-

-

-

-

-

-

-

0.18

0.18

0.18

-

0.17

0.17

0.17

-

0.16

0.16

0.16

-

0.00

0.00

-

-

-