Company Information

  

Address: 18500 VON KARMAN
SUITE 550 
City: IRVINE 
State: CA 
Zip Code: 92612 
Telephone: 888-393-8248 

Description of Business

Primary SIC Code: 6798
(As filed with the SEC)  

We operate as a self-administered, self-managed REIT that, through our subsidiaries, owns and invests in real estate serving the healthcare industry. Our primary business consists of acquiring, financing and owning real estate property to be leased to third party tenants in the healthcare sector. We primarily generate revenues by leasing properties to tenants and operators throughout the United States and Canada. As of December 31, 2016, our investment portfolio consisted of 183 real estate properties held for investment (consisting of (i) 97 skilled nursing/transitional care facilities, (ii) 85 senior housing facilities, and (iii) one acute care hospital), 10 investments in loans receivable (consisting of (i) four mortgage loans, (ii) one construction loan, (iii) one mezzanine loan, (iv) three pre-development loans and (v) one debtor-in-possession ("DIP") loan) and 12 preferred equity investments.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
06/20171.190.43020.25
03/20171.45NA19.26
12/20160.920.42026.54
09/20160.950.42026.51
06/20160.840.42024.57
03/20160.550.42036.53
12/20151.110.41018.23
09/20151.16NA19.98

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.06Total Liab/Total Assets0.55
Net Inc/Total Assets0.03Total Liab/Inv Cap0.56
Net Inc/Inv Cap0.03Total Liab/Comm Equity1.03
Pretax Inc/Net Sales0.30Interest Coverage Ratio2.09
Net Inc/Net Sales0.30Curr Debt/Equity0.03
Cash Flow/Net Sales0.76LTD/Equity1.17
SG&A/NetSales0.11Total Debt/Equity1.19
Asset Utilization   Liquidity  
Net Receivables Turnover1.18Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E0.12  

Income Statement (Millions)

  6/30/2017 3/31/2017 12/31/2016 9/30/2016
Total Revenues(Net Sales) 62.71 60.71 59.81 58.77
Cost of Goods Sold NA NA NA NA
Selling & Admin Exps 15.56 9.29 5.84 7.58
Operating Income 29.40 30.51 34.51 33.55
Interest Exp 15.86 15.79 15.73 15.79
Pretax Income 20.54 18.79 23.17 25.31
Other Income 7.00 4.07 4.39 7.55
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 20.52 18.82 23.18 25.34

Balance Sheet (Millions)

Assets 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Cash & Short Term Investments 22.65 21.97 34.67 28.82
Receivables - Total 94.21 96.49 96.04 94.47
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 1,995.91 1,993.59 2,009.94 1,999.78
Total Assets 2,253.96 2,240.13 2,265.92 2,239.42
Liabilities        
Accounts Payable 37.12 33.40 39.64 38.16
Debt in Current Liabilities 32.00 17.00 26.00 0.00
Total Current Liabilities NA NA NA NA
Long-Term Debt 1,188.12 1,185.38 1,184.67 1,187.38
Total Liabilities 1,257.26 1,235.78 1,250.35 1,225.57
Stockholder's Equity        
Minority Interest 0.02 0.00 0.04 0.04
Preferred Stock 0.06 0.06 0.06 0.06
Common Stock 0.65 0.65 0.65 0.65
Retained Earnings -214.08 -203.64 -192.20 -184.97
Treasury Stock NA NA NA NA
Total Stockholders' Equity 996.70 1,004.35 1,015.57 1,013.85
Total Liabilities and Stockholders' Equity 2,253.96 2,240.13 2,265.92 2,239.42

Cash Flow Summary (Millions)

Categories 6/30/2017 3/31/2017 12/31/2016 9/30/2016
Net Cash Provided by Operating Activities 22.43 31.44 42.92 39.32
Net Cash Provided by Investing Activities -5.38 -0.96 -31.19 -82.47
Net Cash Provided by Financing Activities -16.74 -43.35 -5.00 -41.69

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2012101.7419.510.52
12/2013128.9933.720.68
12/2014164.1546.950.78
12/2015213.3679.411.11
12/2016233.0670.280.92
Growth Rates23.0237.7615.33

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/17404162,62791.25




Report Date : 10/16/2017

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