REGIONAL HEALTH PROPERTIES, INC. RHE Income Statement

Regional health properties, inc. (RHE)

Income statement / TTM

Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Revenues:
Rental revenues
19,043	19,942	20,324	20,335	20,902	21,693	22,704	23,620	23,690	23,339	24,268	25,213	26,287	0	0	0	-	10,342	4,904	1,044	0	980	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Rental revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,832	91,473	140,240	175,134	182,777	203,372	202,879	199,784	191,921	182,202	169,761	152,367	136,592	117,337	82,845	0	0	0
Management fees
-	-	-	-	-	-	-	-	-	-	-	1,310	1,314	1,079	1,130	1,161	1,146	1,180	1,230	1,229	1,493	1,708	1,875	2,069	2,097	2,048	2,115	2,142	2,156	1,945	1,687	1,646	1,620	1,844	2,038	0	0	0
Other revenues
-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total revenues
20,134	21,044	21,470	21,483	22,046	22,921	24,010	25,000	25,148	24,974	25,794	26,654	27,601	27,662	26,627	23,924	18,400	-56,999	-58,028	-42,422	3,325	95,037	143,583	178,375	185,750	205,420	204,994	201,926	194,077	184,147	171,448	154,013	138,212	119,182	84,884	0	0	0
Expenses:
Facility rent expense
6,645	7,177	7,708	8,238	8,683	8,683	8,683	8,683	8,683	8,683	8,688	8,686	8,694	8,729	8,289	7,450	5,758	2,097	746	340	1,512	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of management fees
661	657	646	640	638	583	601	615	634	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Facility rent expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	7,296	7,458	7,355	7,193	6,656	4,857	0	0	0
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	6,235	5,311	4,422	3,359	2,491	1,888	0	0	0
Depreciation and amortization
3,438	3,788	4,117	4,436	4,634	4,876	4,943	4,954	4,868	4,619	4,550	4,718	5,296	6,137	6,924	7,383	7,345	7,274	7,224	7,282	7,393	7,144	7,062	6,984	6,918	0	0	0	-	-	-	-	-	-	-	-	-	-
Cost of services (exclusive of facility rent, depreciation and amortization)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	75,674	115,308	145,146	152,577	172,762	173,435	167,900	160,700	150,501	138,663	125,451	111,819	0	0	0	-	-
General and administrative expenses
3,192	3,492	3,746	3,739	3,692	3,597	3,521	3,287	3,854	4,447	5,137	6,618	7,714	8,805	9,321	9,755	10,544	11,397	12,858	14,468	15,696	17,329	18,337	18,663	19,032	18,726	18,100	17,940	17,005	16,218	15,528	14,350	13,281	0	0	0	-	-
(Recovery) provision for doubtful accounts
-281	-16	-96	2,022	4,132	4,365	4,413	2,358	886	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Audit committee investigation expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	-	-	-	-	-	-	-	-
Payroll and related payroll costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Other operating expenses
1,017	1,057	1,121	1,124	1,059	968	1,230	1,339	1,085	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Other operating expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	3,277	3,345	2,495	2,394	2,018	2,991	0	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Salary retirement and continuation costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	0	-	-	-
Total expenses
14,672	16,155	17,242	20,199	22,838	23,072	23,391	21,236	20,010	19,608	19,803	21,928	23,082	26,948	27,879	27,083	26,041	-37,307	-31,900	-13,462	27,523	107,103	147,799	178,435	187,381	207,057	206,889	200,305	191,354	181,117	167,789	153,029	137,103	116,905	84,723	0	0	0
Income (loss) from operations
5,462	4,889	4,228	1,284	-792	-151	619	3,764	5,138	5,366	5,991	4,726	4,519	714	-1,252	-3,159	-7,641	-19,692	-26,128	-28,960	-24,198	-12,066	-4,216	-60	-1,631	-1,637	-1,895	1,621	2,723	3,030	3,659	984	1,109	2,277	161	0	0	0
Other expense (income):
Interest expense, net
5,265	5,869	6,495	6,308	5,929	5,641	4,869	4,338	4,095	4,821	5,611	6,356	7,149	7,240	7,269	7,797	8,462	9,459	10,223	10,545	10,677	10,708	11,318	11,804	12,351	12,330	12,821	13,178	12,687	11,687	10,215	8,623	7,381	5,931	4,006	0	0	0
Acquisition costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	0	0	-	0	0	-	-	0	0	-	-	-
Acquisition costs, net of gains
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	0	0
Derivative gain
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,006	1,779	-2,315	-15	-1,741	-1,192	5,658	2,717	957	0	0	0	-	-
Loss on extinguishment of debt
-2,458	-3,757	-6,347	-5,126	-5,234	-3,955	-441	-441	-63	-308	-308	-308	-245	0	0	0	-	-680	-1,900	-1,900	-1,803	-1,879	-665	-690	-109	467	0	0	-	0	-	-	-	0	0	-	-	-
Gain on disposal of assets
7,141	7,141	690	690	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	-	-	-	-	-	-	-	-
Other expense
-6	-48	-96	-50	-52	-96	-201	-388	-474	-409	-304	-125	-72	-220	-488	-672	-918	-891	-1,067	-957	-779	-958	-499	-416	-306	147	-97	-110	-124	-272	-63	-69	551	517	0	0	0	-
Other income (expense)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Total other expense, net
-588	-2,533	-12,248	-10,794	-11,215	-9,692	-5,511	-5,167	-4,632	3,212	2,527	1,961	1,284	-7,460	-7,757	-8,469	-10,060	-11,622	-13,790	-14,002	-13,859	-12,679	-9,658	-12,524	-10,335	-11,859	-16,485	-14,563	-16,012	-14,300	-7,132	-8,662	-7,288	-5,935	-6,756	0	0	0
Income (loss) from continuing operations before income taxes
4,874	2,356	-8,020	-9,510	-12,007	-9,843	-4,892	-1,403	506	8,578	8,518	6,687	5,803	-6,746	-9,009	-11,628	-17,701	-31,314	-39,918	-42,962	-38,057	-24,745	-13,874	-12,584	-11,966	-13,496	-18,380	-12,942	-13,289	-11,270	-3,473	-7,678	-6,179	-3,658	-6,594	0	0	0
Income tax benefit
0	-27	-27	-20	-38	-175	-156	-163	-188	-146	-162	-162	-163	93	90	90	110	387	143	143	131	-118	72	72	142	-8	157	190	97	-70	23	114	215	424	231	0	0	0
Income (loss) from continuing operations
4,874	2,383	-7,993	-9,490	-11,969	-9,668	-4,736	-1,240	694	8,724	8,680	6,849	5,966	-6,839	-9,099	-11,718	-17,811	-31,701	-40,061	-43,105	-38,188	-24,627	-13,946	-12,656	-12,108	-13,488	-18,537	-13,132	-13,386	-11,200	-3,496	-7,792	-6,394	0	0	0	-	-
Income from discontinued operations, net of tax
626	727	783	307	74	128	-1,061	-1,321	-1,679	-8,964	-10,142	-13,313	-13,428	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,255	3,238	4,060	5,255	5,846	-1,027	-1,311	-1,232	-1,158	0	0	0	-	-
Net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-19,404	-22,703	-21,246	-19,699	-17,131	-14,405	-12,121	-8,986	-13,136	-13,363	-10,250	-14,477	-7,877	-7,540	-12,227	-4,807	-9,024	-7,552	-4,366	-6,951	0	0	0
Net loss attributable to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	815	570	636	749	806	-716	-693	-777	-796	-864	-803	-703	-656	-719	-1,333	-1,357	-1,388	-1,232	319	0	0	0
Net Income (loss) attributable to Regional Health Properties, Inc.
5,500	3,110	-7,210	-9,183	-11,895	-9,540	-5,797	-2,561	-985	0	0	0	-	0	0	-	-23,518	-20,204	-18,723	-16,268	-13,599	-11,405	-8,293	-12,359	-12,567	-13,986	0	0	-	0	-	-	-	-	-	-	-	0
Preferred stock dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock dividends - declared
-	-	-	0	-	-	-	3,824	5,702	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	1,564	918	0	0	-	0	-	-	-	-	-	-	-	-
Preferred stock dividends - undeclared
8,997	8,997	8,659	8,322	7,985	7,648	5,736	3,824	1,912	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss attributable to Regional Health Properties, Inc. common stockholders
-3,497	-5,887	-15,869	-17,505	-19,880	-17,188	-13,445	-10,209	-8,599	-7,820	-9,009	-13,900	-14,797	-24,598	-27,041	-26,788	-28,726	-24,432	-22,098	-18,852	-16,183	-13,989	-10,537	-14,263	-14,131	-10,460	-14,442	-7,636	-7,040	-11,508	-3,474	-7,667	-6,164	-3,133	0	0	0	-
Net loss (income) per share of common stock attributable to Regional Health Properties, Inc.
Continuing Operations, after current period undeclared dividend, basic and diluted (in dollars per share)
-1.02	2.05	-2.14	-1.33	-2.45	-3.93	-2.86	-2.66	-3.92	-0.08	-0.07	-0.12	-	-0.08	-0.15	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued operations, basic and diluted (in dollars per share)
0.13	0.06	0.07	0.11	0.19	0.09	-0.20	-0.04	-0.91	-0.05	-0.03	-0.02	-	-0.11	-0.19	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss per share of common stock attributable to Regional Health Properties, Inc.
-0.89	2.11	-2.07	-1.22	-2.26	-3.84	-3.06	-2.70	-4.83	-0.13	-0.10	-0.14	-	-0.19	-0.34	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.16	-0.30	-0.18	-0.27	-0.42	-1.05	-0.61	-0.43	-0.18	-0.34	0.01	-0.38	-0.15	-0.42	-0.32	0.00	-0.18	-0.24	0.33	-0.49	-0.08	-	-
Discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.03	-0.22	-0.14	-0.06	0.13	0.74	0.39	0.24	0.00	0.10	-0.04	-0.09	-0.05	0.43	0.01	-0.01	-0.01	-0.08	-0.01	-0.01	-0.01	-	-
Basic loss (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.19	-0.52	-0.32	-0.33	-0.29	-0.31	-0.22	-0.19	-0.18	-0.24	-0.03	-0.47	-0.20	0.01	-0.31	-0.01	-0.19	-0.32	0.32	-0.50	-0.09	-0.18	-0.11
Continuing operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.61	-0.43	-0.18	-0.34	0.01	-0.38	-0.15	-0.42	-0.32	0.00	-0.18	-0.19	0.28	-0.49	-0.08	-	-
Discontinued operations (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.39	0.24	0.00	0.10	-0.04	-0.09	-0.05	0.43	0.01	-0.01	-0.01	-0.08	-0.01	-0.01	-0.01	-	-
Net Loss per Common Share-Diluted (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.22	-0.19	-0.18	-0.24	-0.03	-0.47	-0.20	0.01	-0.31	-0.01	-0.19	-0.27	0.27	-0.50	-0.09	-0.18	-0.11
Weighted average shares of common stock outstanding:
Basic and diluted (in shares)
1,688	1,688	1,688	1,688	1,691	1,688	1,678	1,647	-52,741	19,762	19,766	19,825	19,859	19,917	19,907	19,885	19,889	19,838	19,775	19,218	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,134	17,221	16,916	15,765	14,962	14,766	14,683	-	14,498	-	12,225	-	-	-	8,767	8,321	5,710
Diluted (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,134	17,221	16,916	15,765	14,962	14,766	14,683	-	14,498	-	12,225	-	-	-	8,767	8,321	5,710
Management Fees
Management fees and other revenues
995	962	958	954	949	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Revenues
Management fees and other revenues
96	140	188	194	195	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-