Consolidated Statements of Operations and Comprehensive (Loss) Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues:        
Resident revenue $ 111,436 $ 104,420 $ 331,643 $ 304,648
Expenses:        
Operating expenses (exclusive of facility lease expense and depreciation and amortization expense shown below) 69,622 63,649 203,307 184,487
General and administrative expenses 5,749 4,751 16,969 15,482
Facility lease expense 15,500 15,321 46,150 45,875
Stock-based compensation expense 2,479 2,301 7,482 6,745
Depreciation and amortization expense 14,400 12,722 44,103 38,985
Total expenses 107,750 98,744 318,011 291,574
Income from operations 3,686 5,676 13,632 13,074
Other income (expense):        
Interest income 15 12 50 36
Interest expense (10,636) (8,994) (30,966) (26,022)
Write-off of deferred loan costs and prepayment premiums   (102)   (973)
(Loss) Gain on disposition of assets, net (16) 6,418 (53) 6,247
Other income     233 1
(Loss) Income before provision for income taxes (6,951) 3,010 (17,104) (7,637)
Provision for income taxes (126) (139) (403) (697)
Net (loss) income $ (7,077) $ 2,871 $ (17,507) $ (8,334)
Per share data:        
Basic net (loss) income per share $ (0.24) $ 0.10 $ (0.61) $ (0.28)
Diluted net (loss) income per share $ (0.24) $ 0.10 $ (0.61) $ (0.28)
Weighted average shares outstanding - basic 28,959 28,732 28,879 28,668
Weighted average shares outstanding - diluted 28,959 28,733 28,879 28,668
Comprehensive (loss) income $ (7,077) $ 2,871 $ (17,507) $ (8,334)