XML 38 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Interim Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
PATIENT REVENUES, net $ 79,337 $ 75,783
EXPENSES:    
Operating 62,151 60,465
Lease and rent expense 6,253 5,822
Professional liability 3,928 2,222
General and administrative 6,341 6,822
Depreciation and amortization 1,762 1,763
Total expenses 80,435 77,094
OPERATING LOSS (1,098) (1,311)
OTHER INCOME (EXPENSE):    
Equity in net losses of unconsolidated affiliate (237) 0
Interest expense, net (687) (700)
Total other income (expense) (924) (700)
LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES (2,022) (2,011)
BENEFIT FOR INCOME TAXES 1,087 728
LOSS FROM CONTINUING OPERATIONS (935) (1,283)
LOSS FROM DISCONTINUED OPERATIONS:    
Operating loss, net of taxes of $7 and $53, respectively (12) (93)
DISCONTINUED OPERATIONS (12) (93)
NET LOSS (947) (1,376)
Less: income attributable to noncontrolling interests (18) (78)
NET LOSS ATTRIBUTABLE TO DIVERSICARE HEALTHCARE SERVICES, INC. (965) (1,454)
PREFERRED STOCK DIVIDENDS (86) (86)
NET LOSS FOR DIVERSICARE HEALTHCARE SERVICES, INC. COMMON SHAREHOLDERS $ (1,051) $ (1,540)
Per common share – basic    
Continuing operations (in dollars per share) $ (0.18) $ (0.25)
Discontinued operations (in dollars per share) $ 0.00 $ (0.02)
Net loss (in dollars per share) $ (0.18) $ (0.27)
Per common share – diluted    
Continuing operations (in dollars per share) $ (0.18) $ (0.25)
Discontinued operations (in dollars per share) $ 0.00 $ (0.02)
Net income (loss) (in dollars per share) $ (0.18) $ (0.27)
COMMON STOCK DIVIDENDS DECLARED PER SHARE OF COMMON STOCK $ 0.055 $ 0.055
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:    
Basic (shares) 5,848 5,795
Diluted (shares) 5,848 5,795