-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, CuZOkArl4FJfol0RZq/POuGS6B6q9iHpsnyg5W8z1ubsSz7Msjk4BJ8zGJ7bfl+c mu2FpkJUcjFyxRy6XgfB/w== 0000908737-07-000132.txt : 20070313 0000908737-07-000132.hdr.sgml : 20070313 20070313164031 ACCESSION NUMBER: 0000908737-07-000132 CONFORMED SUBMISSION TYPE: 10-K/A PUBLIC DOCUMENT COUNT: 6 CONFORMED PERIOD OF REPORT: 20061231 FILED AS OF DATE: 20070313 DATE AS OF CHANGE: 20070313 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SENIOR HOUSING PROPERTIES TRUST CENTRAL INDEX KEY: 0001075415 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 043445278 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-15319 FILM NUMBER: 07691033 BUSINESS ADDRESS: STREET 1: 400 CENTRE STREET CITY: NEWTON STATE: MA ZIP: 02458 BUSINESS PHONE: 6173323990 10-K/A 1 snh_10ka.htm SENIOR HOUSING PROPERTIES TRUST 10K/A Senior Housing Properties Trust 10K/A
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 
WASHINGTON, DC 20549
 
FORM 10-K/A
 
Amendment No. 1
 
x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
 
For the fiscal year ended December 31, 2006
 
OR
 
o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
 
Commission File Number 1-15319
 
SENIOR HOUSING PROPERTIES TRUST
(Exact Name of Registrant as specified in its Charter)
 
Maryland
 
04-3445278
(State of Organization)
 
(IRS Employer Identification No.)
400 Centre Street, Newton, Massachusetts 02458
(Address of Principal Executive Offices)
 
617-796-8350
(Registrant’s Telephone Number)
 
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
 
Name of each exchange on which registered
Common Shares of Beneficial Interest
 
New York Stock Exchange
     
Securities to be registered pursuant to Section 12(g) of the Act: None
 
Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes x No o
 
Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes o No x 
 
Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months, and (2) has been subject to such filing requirements for the past 90 days. Yes x  No o
 
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. x 
 
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. See definition of “accelerated filer and large accelerated filer” in Rule 12b-2 of the Exchange Act. (Check One):
 
Large Accelerated Filer x          Accelerated Filer o        Non-Accelerated Filer o
 
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes o No x 
 
The aggregate market value of the voting shares of the registrant held by non-affiliates was $1.3 billion based on the $17.91 closing price per common share on the New York Stock Exchange on June 30, 2006. For purposes of this calculation, an aggregate of 230,168 common shares held directly or by affiliates of the trustees and officers of the registrant have been included in the number of shares held by affiliates.
 
Number of the registrant’s common shares outstanding as of February 27, 2007: 83,613,127.
 

 
In this Amendment No. 1 to Annual Report on Form 10-K, the terms “SNH”, “Senior Housing”, the “Company”, “we”, “us” and “our” include Senior Housing Properties Trust, and its consolidated subsidiaries, unless the context indicates otherwise.
 
DOCUMENTS INCORPORATED BY REFERENCE
 
None.
 
EXPLANATORY NOTE
 
We are filing this Amendment No. 1 to our Annual Report on Form 10-K, or Form 10-K/A, to amend Item 15 in our Annual Report on Form 10-K for the fiscal year ended December 31, 2006, or the Annual Report, which was originally filed with the Securities and Exchange Commission on February 28, 2007.
 
Item 15 of the Annual Report is amended to add summary audited financial information regarding Five Star Quality Care, Inc. for its fiscal years ended December 31, 2004, 2005 and 2006, as reported by that company in its Annual Report on Form 10-K filed with the Securities and Exchange Commission for the fiscal year ended December 31, 2006.  

In addition, we are filing or furnishing, as indicated in this Form 10-K/A, as exhibits certain currently dated certifications.
 
This amendment is limited in scope to the summary audited financial information described above and does not amend, update, or change any other items or disclosures contained in the Annual Report.  Accordingly, all other items that remain unaffected are omitted in this filing. Except as described in the preceding paragraphs, we do not purport by this Form 10-K/A to update any of the information contained in the Annual Report.


Item 15. Exhibits and Financial Statement Schedules
 
(a) Index to Financial Statements and Financial Statement Schedules
 
 
Page
 
1.  The following consolidated financial statements and financial statement schedule of Senior Housing Properties Trust are included on the pages indicated:
 
 
Reports of Ernst & Young LLP, Independent Registered Public Accounting Firm
F-1
Consolidated Balance Sheet as of December 31, 2006 and 2005
F-4
Consolidated Statement of Income for each of the three years in the period ended December 31, 2006
F-5
Consolidated Statement of Shareholders’ Equity for each of the three years in the period ended December 31, 2006
F-6
Consolidated Statement of Cash Flows for each of the three years in the period ended December 31, 2006
F-7
Notes to Consolidated Financial Statements
F-9
Schedule III - Real Estate and Accumulated Depreciation as of December 31, 2006
S-1
 
2.  Summary audited financial information for Five Star Quality Care, Inc.
 
F-1/A
 
All other schedules for which provision is made in the applicable accounting regulations of the Securities and Exchange Commission are not required under the related instructions, or are inapplicable, and therefore have been omitted.
 
(b) Exhibits

The following exhibits are filed or furnished with this Form 10-K/A:

Exhibit Number    Description
 
 
31.1
Rule 13a-14(a) Certification. (Filed herewith.)
 
31.2
Rule 13a-14(a) Certification. (Filed herewith.)
 
31.3
Rule 13a-14(a) Certification. (Filed herewith.)
 
31.4
Rule 13a-14(a) Certification. (Filed herewith.)
 
32.1
Section 1350 Certification. (Furnished herewith.)


 
Summary Financial Information of Five Star Quality Care, Inc.

The following table presents summary audited financial information for Five Star Quality Care, Inc., or Five Star, for its fiscal years ended December 31, 2004, 2005 and 2006, as reported in its Annual Report on Form 10-K for the fiscal year ended December 31, 2006. Reference is made to Item 1 of our Annual Report on Form 10-K for our fiscal year ended December 31, 2006 for additional information with respect to Five Star.

Summary Financial Information of Five Star Quality Care, Inc.
(in thousands)

   
As of or for the year ended
 
   
December 31, 2006
 
December 31, 2005
 
December 31, 2004
 
Total revenues(1)
 
$
827,337
 
$
734,023
 
$
597,824
 
Net (loss) income
   
(116,665
)
 
(84,159
)
 
3,291
 
Total assets
   
366,411
   
228,940
   
222,985
 
Total indebtedness
   
171,271
   
45,329
   
42,581
 
Total shareholders’ equity
   
67,430
   
68,804
   
95,904
 

(1)
Five Star’s 2006 Annual Report on Form 10-K states that reclassifications were made to the prior years’ financial statements reported therein to conform to the current year’s presentation.

References in this report to the Annual Report on Form 10-K for Five Star are included as textual references only, and the information in such Annual Report is not incorporated by reference into this report.

F-1/A



SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
 
SENIOR HOUSING PROPERTIES TRUST
 
 
By: /s/ David J. Hegarty
 
        David J. Hegarty
 
        President and Chief Operating Officer
 
        Dated: March 13, 2007
 

 


 


EX-31.1 2 ex31-1.htm SENIOR HOUSING PROPERTIES TRUST 10K/A - EXHIBIT 31.1 ex31-1

Exhibit 31.1
 
CERTIFICATION PURSUANT TO EXCHANGE ACT RULES 13A-14(a) AND 15D-14(a)
 
I, Barry M. Portnoy, certify that:
 
 
1.
 
I have reviewed this Amendment No. 1 to Annual Report on Form 10-K of Senior Housing Properties Trust;
 
 
2.
 
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; and
 
 
3.
 
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report.
 

 
Date: March 13, 2007
/s/ Barry M. Portnoy
 
Barry M. Portnoy
 
Managing Trustee


 
 
 
 
 
 
 
 

EX-31.2 3 ex31-2.htm SENIOR HOUSING PROPERTIES TRUST 10K/A - EXHIBIT 31.2 ex31-2
Exhibit 31.2

CERTIFICATION PURSUANT TO EXCHANGE ACT RULES 13A-14(a) AND 15D-14(a)
 
I, Gerard M. Martin, certify that:

 
1.
I have reviewed this Amendment No. 1 to Annual Report on Form 10-K of Senior Housing Properties Trust;
     
 
2.
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; and
     
 
3.
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report.


Date: March 13, 2007
/s/ Gerard M. Martin
 
Gerard M. Martin
 
Managing Trustee


 
 
 
 
 
 
 

EX-31.3 4 ex31-3.htm SENIOR HOUSING PROPERTIES TRUST 10K/A - EXHIBIT 31.3 ex31-3
Exhibit 31.3

CERTIFICATION PURSUANT TO EXCHANGE ACT RULES 13A-14(a) AND 15D-14(a)
 
I, David J. Hegarty, certify that:

 
1.
I have reviewed this Amendment No. 1 to Annual Report on Form 10-K of Senior Housing Properties Trust;
     
 
2.
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; and
     
 
3.
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report.


Date: March 13, 2007
/s/ David J. Hegarty
 
David J. Hegarty
 
President and Chief Operating Officer


 
 
 
 
 
 

EX-31.4 5 ex31-4.htm SENIOR HOUSING PROPERTIES TRUST 10K/A - EXHIBIT 31.4 ex31-4
Exhibit 31.4

CERTIFICATION PURSUANT TO EXCHANGE ACT RULES 13A-14(a) AND 15D-14(a)
 
I, John R. Hoadley, certify that:

 
1.
I have reviewed this Amendment No. 1 to Annual Report on Form 10-K of Senior Housing Properties Trust;
     
 
2.
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; and
     
 
3.
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report.



Date: March 13, 2007
/s/ John R. Hoadley
 
John R. Hoadley
 
Treasurer and Chief Financial Officer


 
 
 
 
 
 

EX-32.1 6 ex32-1.htm SENIOR HOUSING PROPERTIES TRUST 10K/A - EXHIBIT 32.1 ex32-1
Exhibit 32.1
 
Certification Pursuant to 18 U.S.C. Sec. 1350
(Section 906 of the Sarbanes - Oxley Act of 2002)
 
_____________________________________________________
 
In connection with the filing by Senior Housing Properties Trust (the “Company”) of the Amendment No. 1 to the Annual Report on Form 10-K for the period ending December 31, 2006 (the “Report”), each of the undersigned hereby certifies, to the best of his knowledge:
 
 
1.
 
The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and
 
 
2.
 
The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.
 

 
   
/s/ Barry M. Portnoy
/s/ David J. Hegarty
Barry M. Portnoy
David J. Hegarty
Managing Trustee
President and Chief Operating Officer
   
   
/s/ Gerard M. Martin
/s/ John R. Hoadley
Gerard M. Martin
John R. Hoadley
Managing Trustee
Treasurer and Chief Financial Officer

 
Date: March 13, 2007

 


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