SABRA HEALTH CARE REIT, INC. SBRA Income Statement

Sabra health care reit, inc. (SBRA)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11
Revenues:
Rental and related revenues
452,138	536,605	364,191	225,275	209,851	161,483	128,988	101,742	80,678
Interest and other income
81,540	16,667	17,660	27,463	25,505	19,367	5,792	1,428	3,547
Resident fees and services
128,058	70,137	26,430	7,788	3,508	2,668	0	-	-
Total revenues
661,736	623,409	408,281	260,526	238,864	183,518	134,780	103,170	84,225
Expenses:
Depreciation, Depletion and Amortization
181,549	191,379	113,882	68,472	63,079	43,332	33,281	30,263	26,591
Interest
126,610	147,106	88,440	64,900	59,218	46,958	40,460	34,335	30,319
Operating expenses
-	49,546	17,860	5,703	2,576	1,930	0	-	-
General and administrative
30,462	36,458	32,401	17,672	16,093	23,815	16,423	16,104	14,473
Merger and acquisition costs
424	636	30,255	1,200	7,023	-	-	-	-
Accounts Receivable, Credit Loss Expense (Reversal)
1,238	39,075	17,113	5,543	12,842	3,594	0	-	-
Impairment of real estate
121,819	1,413	1,326	29,811	0	0	-	2,481	0
Total expenses
570,574	465,613	301,277	193,271	160,831	119,629	90,164	83,183	71,383
Other income (expense):
Loss on extinguishment of debt
-16,340	-2,917	-553	-556	0	-22,454	-10,101	-2,670	0
Other income
2,094	4,480	536	10,677	2,260	1,560	-800	2,196	0
Gains (Losses) on Sales of Investment Real Estate
2,300	128,198	52,029	-6,122	-161	3,914	0	0	-
Total other income (expense)
-11,946	129,761	52,012	3,999	2,099	-16,980	-10,901	-474	0
Income (loss) before loss from unconsolidated joint venture and income tax expense
79,216	287,557	159,016	71,254	80,132	-	-	-	-
Income (Loss) from Equity Method Investments
-6,796	-5,431	0	0	-	-	-	-	-
Income tax expense
3,402	3,011	651	1,049	749	-	-	-	-
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
69,018	279,115	158,365	70,205	79,383	46,909	33,715	19,513	-
Net income attributable to noncontrolling interest
22	33	-18	-71	-30	-43	0	0	-
Net income attributable to Sabra Health Care REIT, Inc.
68,996	279,082	158,383	70,276	79,413	46,952	33,715	19,513	12,842
Preferred stock dividends
0	9,768	10,242	10,242	10,242	10,242	7,966	0	0
Net income (loss) attributable to common stockholders
68,996	269,314	148,141	60,034	69,171	36,710	25,749	19,513	12,842
Net income (loss) attributable to common stockholders, per:
Basic common share (in dollars per share)
0.37	1.51	1.40	0.92	1.11	0.79	0.69	0.53	0.43
Diluted common share (in dollars per share)
0.37	1.51	1.40	0.92	1.11	0.78	0.68	0.52	0.43
Basic common share
0.37	1.51	1.40	0.92	1.11	-	-	0.53	0.43
Diluted common share
0.37	1.51	1.40	0.92	1.11	-	-	0.52	0.43
Weighted-average number of common shares outstanding, basic (in shares)
187,172	178,305	105,621	65,284	62,235	46,351	37,514	37,061	30,109
Weighted-average number of common shares outstanding, diluted (in shares)
188,127	178,721	105,842	65,520	62,460	46,889	38,071	37,321	30,171
Triple-Net Portfolio
Operating expenses
22,215	0	0	-	-	-	-	-	-
Senior Housing Facilities - Managed Portfolio [Member]
Operating expenses
86,257	49,546	17,860	-	-	-	-	-	-