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 owning properties operated by third-party property managers throughout the United States ("U.S.") and Canada. On August 17, 2017, we completed our merger with CCP as a result of which we acquired 330 properties (consisting of 296 skilled nursing/transitional care facilities, 13 senior housing communities and 21 specialty hospitals and other facilities), one skilled nursing/transitional care facility leased to an operator under a direct financing lease, 18 investments in loans receivable and one specialty valuation firm. We also assumed certain outstanding equity awards and other debt and liabilities of CCP.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20181.490.45011.85
12/20171.400.07013.41
09/20170.890.36024.65
06/20171.190.43020.25
03/20171.45NA19.26
12/20160.920.42026.54
09/20160.950.42026.51
06/20160.840.42024.57

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.04Total Liab/Total Assets0.51
Net Inc/Total Assets0.02Total Liab/Inv Cap0.59
Net Inc/Inv Cap0.03Total Liab/Comm Equity0.99
Pretax Inc/Net Sales0.41Interest Coverage Ratio2.80
Net Inc/Net Sales0.41Curr Debt/Equity0.26
Cash Flow/Net Sales0.34LTD/Equity0.73
SG&A/NetSales0.13Total Debt/Equity0.99
Asset Utilization   Liquidity  
Net Receivables Turnover1.63Quick RatioNA
Inventory TurnoverNACurrent RatioNA
Inventory Day SalesNANet Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E0.07  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 161.75 159.51 107.70 62.71
Cost of Goods Sold NA NA NA NA
Selling & Admin Exps 19.99 14.17 11.24 16.34
Operating Income 91.68 82.25 35.63 29.18
Interest Exp 35.82 32.22 24.57 15.86
Pretax Income 62.55 104.46 15.78 20.32
Other Income 6.69 54.43 4.17 7.00
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 62.47 103.95 15.10 20.52

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 58.17 587.45 43.36 22.65
Receivables - Total 301.27 283.28 309.34 94.21
Inventories - Total NA NA NA NA
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 6,108.80 5,994.43 5,972.79 1,995.91
Total Assets 6,984.57 7,032.28 6,588.31 2,253.96
Liabilities        
Accounts Payable 102.35 102.52 116.15 37.12
Debt in Current Liabilities 865.92 897.43 508.57 32.00
Total Current Liabilities NA NA NA NA
Long-Term Debt 2,495.19 2,497.06 2,496.88 1,188.12
Total Liabilities 3,562.42 3,599.47 3,219.20 1,257.26
Stockholder's Equity        
Minority Interest 4.42 4.44 2.73 0.02
Preferred Stock 0.06 0.06 0.06 0.06
Common Stock 1.78 1.78 1.76 0.65
Retained Earnings -238.61 -217.24 -225.46 -214.08
Treasury Stock NA NA NA NA
Total Stockholders' Equity 3,422.15 3,432.81 3,369.10 996.70
Total Liabilities and Stockholders' Equity 6,984.57 7,032.28 6,588.31 2,253.96

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 101.65 83.72 -4.10 22.28
Net Cash Provided by Investing Activities -516.38 63.05 -296.78 -5.38
Net Cash Provided by Financing Activities -114.39 341.01 317.89 -16.74

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/2013128.9933.720.68
12/2014164.1546.950.78
12/2015213.3679.411.11
12/2016233.0670.280.92
12/2017390.62158.381.40
Growth Rates31.9247.2219.79

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional03/31/18382158,39088.84




Report Date : 6/18/2018

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