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Consolidated and Combined Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues:                      
Rental income (related party rental income of $0, $16,308 and $32,667 for the year ended December 31, 2016, 2015 and 2014, respectively – Note 6)                 $ 93,126 $ 65,979 $ 51,367
Tenant reimbursements (related party tenant reimbursements of $0, $1,406 and $2,842 for the year ended December 31, 2016, 2015 and 2014, respectively – Note 6)                 7,846 5,497 4,956
Independent living facilities                 2,970 2,510 2,519
Interest and other income                 737 965 55
Total revenues $ 28,243 $ 27,106 $ 25,701 $ 23,629 $ 22,632 $ 17,985 $ 17,376 $ 16,958 104,679 74,951 58,897
Expenses:                      
Depreciation and amortization (including a below-market ground lease)                 31,965 24,133 23,000
Interest expense                 23,199 25,256 21,622
Loss on extinguishment of debt                 0 0 4,067
Property taxes                 7,846 5,497 4,956
Acquisition costs                 205 0 47
Independent living facilities                 2,549 2,376 2,243
General and administrative                 9,297 7,655 11,105
Total expenses                 75,061 64,917 67,040
Other income (expense):                      
Loss on sale of real estate                 (265) 0 0
Net income (loss) $ 8,388 $ 7,832 $ 7,631 $ 5,502 $ 5,003 $ 727 $ 2,266 $ 2,038 $ 29,353 $ 10,034 $ (8,143)
Earnings (loss) per common share:                      
Basic (in usd per share) $ 0.14 $ 0.13 $ 0.13 $ 0.11 $ 0.10 $ 0.02 $ 0.07 $ 0.06 $ 0.52 $ 0.26 $ (0.36)
Diluted (in usd per share) $ 0.14 $ 0.13 $ 0.13 $ 0.11 $ 0.10 $ 0.02 $ 0.07 $ 0.06 $ 0.52 $ 0.26 $ (0.36)
Weighted-average number of common shares:                      
Basic (in shares) 60,875 57,595 57,478 48,101 47,660 39,125 31,278 31,257 56,030 37,380 22,788
Diluted (in shares) 60,875 57,595 57,478 48,101 47,660 39,125 31,278 31,257 56,030 37,380 22,788