| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 |
|---|---|---|---|---|---|---|
Revenues | ||||||
Resident fees and services | ||||||
- | - | - | 359,472 | 277,324 | 156,993 | 83,218 |
Rental revenue | ||||||
- | - | - | 112,966 | 111,154 | 97,992 | 1,918 |
Total revenues | ||||||
345,903 | 323,024 | 324,465 | 472,438 | 388,478 | 254,985 | 85,136 |
Expenses | ||||||
Property operating expense | ||||||
204,357 | 172,487 | 135,662 | 243,027 | 189,543 | 112,242 | 59,726 |
Interest expense | ||||||
76,364 | 85,643 | 79,628 | 91,780 | 75,021 | 57,026 | 10,589 |
Depreciation and amortization | ||||||
68,806 | 80,129 | 120,779 | 184,546 | 160,318 | 103,279 | 26,933 |
General and administrative expense | ||||||
21,672 | 13,382 | 15,300 | 15,194 | 15,233 | 7,416 | 2,188 |
Acquisition, transaction and integration expense | ||||||
1,501 | 15,905 | 2,304 | 3,942 | 13,444 | 14,295 | 13,294 |
Termination fee to affiliate | ||||||
0 | 50,000 | 0 | 0 | - | - | - |
Management fees and incentive compensation to affiliate | ||||||
0 | 14,814 | 18,225 | 18,143 | 14,279 | 8,470 | 1,796 |
Loss on extinguishment of debt | ||||||
-300 | -64,746 | -3,607 | -245 | -5,091 | 0 | 0 |
Impairment of real estate held for sale | ||||||
0 | 8,700 | 0 | 0 | - | - | - |
Other expense | ||||||
-2,076 | -3,961 | -724 | -727 | -1,629 | 1,500 | 0 |
Total expenses | ||||||
375,111 | 509,792 | 376,229 | - | - | - | - |
Total expenses | ||||||
- | - | - | 557,604 | 474,558 | 301,228 | 114,526 |
Gain (Loss) on sale of real estate | ||||||
-122 | 0 | 71,763 | 13,356 | 0 | 0 | - |
Gain on lease termination | ||||||
0 | 40,090 | 0 | - | - | - | - |
Litigation proceeds, net | ||||||
38,308 | 0 | 0 | - | - | - | - |
Income (Loss) before income taxes | ||||||
8,978 | -146,678 | 19,999 | -71,810 | -86,080 | -46,243 | -29,390 |
Income Tax Expense (Benefit) | ||||||
210 | 4,950 | 2,378 | 439 | -3,655 | 160 | 656 |
Income (Loss) from continuing operations | ||||||
8,768 | -151,628 | 17,621 | - | - | - | - |
Discontinued Operations: | ||||||
Discontinued operations, net | ||||||
-6,754 | -7,727 | -5,413 | - | - | - | - |
Net Income (Loss) Attributable to Parent | ||||||
2,014 | -159,355 | 12,208 | -72,249 | -82,425 | -46,403 | -30,046 |
Deemed dividend on redeemable preferred stock | ||||||
2,407 | 0 | 0 | - | - | - | - |
Net income (loss) attributable to common stockholders | ||||||
-393 | -159,355 | 12,208 | - | - | - | - |
Basic earnings per common share: | ||||||
Loss from continuing operations attributable to common stockholders (in dollars per share) | ||||||
0.08 | -1.85 | 0.21 | - | - | - | - |
Discontinued operations, net (in dollars per share) | ||||||
-0.08 | -0.09 | -0.06 | - | - | - | - |
Net income (loss) attributable to common stockholders, basic (in dollars per share) | ||||||
0.00 | -1.94 | 0.15 | -0.88 | -1.08 | - | - |
Diluted earnings per common share: | ||||||
Loss from continuing operations attributable to common stockholders (in dollars per share) | ||||||
0.08 | -1.85 | 0.21 | - | - | - | - |
Discontinued operations, net (in dollars per share) | ||||||
-0.08 | -0.09 | -0.06 | - | - | - | - |
Net income (loss) attributable to common stockholders, diluted (in dollars per share) | ||||||
0.00 | -1.94 | 0.15 | -0.88 | -1.08 | - | - |
Weighted average number of shares of common stock outstanding | ||||||
Basic and diluted (in dollars per share) | ||||||
- | - | - | - | - | -0.70 | -0.45 |
Weighted average number of shares of common stock outstanding | ||||||
Weighted average number of shares outstanding, Basic (shares) | ||||||
82,208 | 82,148 | 82,145 | 82,357 | 76,601 | - | - |
Weighted average number of shares outstanding, Diluted (shares) | ||||||
82,208 | 82,148 | 82,741 | 82,357 | 76,601 | - | - |
Basic and diluted (in shares) | ||||||
- | - | - | - | - | 66,400 | 66,399 |
Common Stock, Dividends, Per Share, Declared | ||||||
0.52 | 0.78 | 1.04 | 1.04 | 0.75 | 0.23 | 0.00 |
Restricted stock awards issued (in shares) | ||||||
754 | - | - | - | - | - | - |
Resident fees and services | ||||||
Total revenues | ||||||
339,573 | 283,617 | 212,074 | - | - | - | - |
Rental revenue | ||||||
Total revenues | ||||||
6,330 | 39,407 | 112,391 | - | - | - | - |