Sabra Health Care REIT Inc

For the period ended Mar 31, 2024. Filed May 8, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed May 8, 2024

SBRA$21.32-0.7%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Income (Loss)

	Three Months Ended March 31,
	2024	2023
Revenues:
Rental and related revenues (Note 6)	$91,776	$95,870
Resident fees and services	66,031	56,721
Interest and other income	8,940	8,733
Total revenues	166,747	161,324
Expenses:
Depreciation and amortization	42,914	52,827
Interest	28,408	28,540
Triple-net portfolio operating expenses	4,324	4,168
Senior housing - managed portfolio operating expenses	49,669	43,637
General and administrative	11,890	10,502
Recovery of loan losses	(137)	(208)
Impairment of real estate	3,137	7,064
Total expenses	140,205	146,530
Other income (expense):
Loss on extinguishment of debt	—	(1,541)
Other income	760	341
Net loss on sales of real estate	—	(21,515)
Total other income (expense)	760	(22,715)
Income (loss) before loss from unconsolidated joint ventures and income tax expense	27,302	(7,921)
Loss from unconsolidated joint ventures	(595)	(838)
Income tax expense	(453)	(728)
Net income (loss)	$26,254	$(9,487)
Net income (loss), per:
Basic common share	$0.11	$(0.04)
Diluted common share	$0.11	$(0.04)
Weighted average number of common shares outstanding, basic	231,453,564	231,164,876
Weighted average number of common shares outstanding, diluted	233,365,031	231,164,876

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.