7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2018-12-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2013-09-30 2013-06-30 2013-03-31 2012-12-31 2012-09-30 2011-12-31 2011-03-31 2005-12-31 2002-12-31 
      
    		                                                     
      revenues:
    		                                                     
      rental income
    		62,178,000 70,270,000 68,866,000 65,784,000 63,318,000 65,760,000 62,187,000 60,722,000 62,255,000 60,952,000 65,299,000 53,765,000 59,394,000 39,982,000 64,559,000 60,906,000 67,043,000 68,351,000 74,749,000 74,942,000 77,821,000 77,917,000 76,527,000 75,405,000 75,247,000 72,578,000  68,050,000 68,204,000 65,735,000 63,137,000 61,019,000 59,272,000 57,028,000 55,074,000 54,823,000 54,459,000 52,670,000 52,495,000 42,944,000 41,669,000 41,353,000 40,313,000 27,150,000 28,817,000 25,012,000 25,050,000 20,210,000 22,285,000 4,755,000 19,020,000   
      resident fees and services
    		21,177,000 14,217,000 13,939,000 14,005,000 13,771,000 13,390,000 13,256,000 12,949,000 12,367,000 11,793,000 11,700,000 11,791,000 12,013,000 11,992,000                                        
      interest income and other
    		6,492,000 6,175,000 6,491,000 5,966,000 5,855,000 5,820,000 6,070,000 5,794,000 5,484,000 5,131,000 5,389,000 5,114,000 4,891,000 7,925,000 6,768,000 8,761,000 6,790,000 5,979,000 6,136,000 6,297,000 6,480,000 6,257,000 6,549,000 6,790,000 6,435,000 5,518,000                            
      total revenues
    		89,847,000 90,662,000                                                    
      expenses:
    		                                                     
      depreciation
    		20,216,000 19,918,000 19,157,000 18,680,000 17,768,000 17,490,000 17,505,000 17,111,000 17,515,000 17,730,000 17,617,000 17,303,000 17,533,000 17,772,000 18,272,000 19,299,000 20,035,000 20,658,000 20,806,000 21,024,000 20,836,000 20,847,000 20,443,000 19,610,000 19,695,000 19,020,000  17,167,000 17,023,000 16,829,000 16,154,000 15,897,000 15,240,000 14,695,000 13,733,000 13,661,000 13,485,000 13,004,000 13,014,000 9,705,000 9,596,000 9,540,000 9,237,000 5,396,000 5,732,000 4,558,000 4,415,000 3,926,000 5,892,000 721,000 2,884,000   
      interest
    		13,766,000 15,001,000 14,337,000 15,240,000 14,939,000 14,854,000 14,869,000 14,852,000 15,086,000 14,194,000 14,027,000 12,445,000 11,412,000 10,862,000 10,198,000 12,282,000 12,715,000 12,840,000 12,973,000 12,293,000 12,892,000 13,557,000 14,140,000 14,374,000 14,661,000 13,746,000                  3,218,000 3,290,000 1,598,000        
      senior housing operating expenses
    		16,253,000 10,396,000 10,853,000 10,757,000 10,744,000 10,437,000 10,314,000 10,062,000 10,045,000 9,682,000 9,799,000 9,841,000 9,239,000 9,113,000                                        
      legal
    		134,000 1,095,000 1,426,000 411,000 240,000 165,000 236,000 143,000 67,000 174,000 122,000 301,000 88,000 339,000 1,827,000 701,000 117,000 -40,000 130,000 426,000 241,000 250,000 334,000 98,000 40,000 99,000  77,000 215,000 146,000 56,000 16,000 156,000 124,000 126,000 169,000 117,000 75,000 104,000 60,000 66,000 10,000 73,000 163,000 55,000 289,000        
      franchise, excise and other taxes
    		244,000 243,000 269,000 94,000 83,000 47,000 -187,000 6,000 2,000 258,000 183,000 150,000 225,000 225,000 244,000 79,000 244,000 232,000 233,000 -19,000 164,000 145,000 243,000 109,000 121,000 775,000  158,000 268,000 267,000 267,000 183,000 271,000 273,000 283,000 633,000 114,000 104,000 134,000 -170,000 78,000 406,000 306,000 300,000 80,000 93,000 144,000 145,000 271,000 594,000 358,000   
      general and administrative
    		6,311,000 6,125,000 6,829,000 5,418,000 4,810,000 4,870,000 5,642,000 4,924,000 4,430,000 4,306,000 5,653,000 4,875,000 4,744,000 5,049,000 8,101,000 3,202,000 3,650,000 3,588,000 7,989,000 3,177,000 2,785,000 3,032,000 4,311,000 3,612,000 2,802,000 2,972,000  3,074,000 2,513,000 2,521,000 4,108,000 2,555,000 2,169,000 2,120,000 2,929,000 2,469,000 1,691,000 2,514,000 3,845,000 2,159,000 2,164,000 1,850,000 2,935,000 2,083,000 1,757,000 2,325,000 3,089,000 1,781,000 1,639,000 943,500 3,774,000   
      proxy contest and related expenses
    		 1,308,000                                                    
      taxes and insurance on leased properties
    		2,610,000 2,914,000 2,887,000 2,844,000 2,786,000 2,802,000 2,733,000 2,775,000 2,908,000 3,212,000 2,619,000 2,235,000 2,358,000 2,157,000 3,038,000 4,119,000 3,182,000 2,175,000 2,161,000 2,463,000 4,187,000                                 
      loan and realty (gains) losses
    		-1,979,000 -1,393,000 -14,000        -418,000        -50,000 250,500 -193,000 -380,000                                
      total expenses
    		57,555,000 55,607,000                                                    
      gains on sales of real estate properties
    		113,000 110,000                                                    
      gains from equity method investment
    		73,000 1,524,000 415,000   236,000 166,000       273,000 297,000                                       
      net income
    		32,478,000 36,689,000 33,817,000 42,787,000 28,242,000 34,952,000 30,657,000 31,719,000 29,033,000 39,447,000 34,183,000 1,560,000 34,229,000 21,466,000 8,246,000 6,505,000 30,849,000 39,231,000 35,384,000 37,163,000 42,661,000 44,425,000 61,062,000 42,036,000 42,755,000 39,978,000  37,799,000 39,092,000 38,245,000 44,230,000 41,188,000 33,438,000 44,981,000 33,109,000 54,786,000 33,977,000 31,537,000 30,013,000 28,100,000 25,516,000 25,577,000 23,856,000 28,110,000 43,050,000 20,098,000 15,923,000 41,270,000 14,351,000 62,039,000 19,093,000   
      yoy
    		15.00% 4.97% 10.31% 34.89% -2.72% -11.40% -10.32% 1933.27% -15.18% 83.77% 314.54% -76.02% 10.96% -45.28% -76.70% -82.50% -27.69% -11.69% -42.05% -11.59% -0.22% 11.12%  11.21% 9.37% 4.53%  -8.23% 16.91% -14.98% 33.59% -24.82% -1.59% 42.63% 10.32% 94.97% 33.16% 23.30% 25.81% -0.04% -40.73% 27.26% 49.82% -31.89% 199.98% -67.60% -16.60%       
      qoq
    		-11.48% 8.49% -20.96% 51.50% -19.20% 14.01% -3.35% 9.25% -26.40% 15.40% 2091.22% -95.44% 59.46% 160.32% 26.76% -78.91% -21.37% 10.87% -4.79% -12.89% -3.97% -27.25% 45.26% -1.68% 6.95%   -3.31% 2.21% -13.53% 7.39% 23.18% -25.66% 35.86% -39.57% 61.24% 7.74% 5.08% 6.81% 10.13% -0.24% 7.21% -15.13% -34.70% 114.20% 26.22% -61.42% 187.58% -76.87% 224.93%    
      net income margin %
    		                                                     
      add: net income attributable to noncontrolling interests
    		384,000 298,000 348,000 455,000 298,000 304,000 290,000 236,500 313,000 332,000                                            
      net income attributable to stockholders
    		32,862,000 36,987,000 34,165,000 43,242,000 28,540,000 35,256,000 30,947,000 32,046,000 29,346,000 39,779,000                                            
      less: net income attributable to unvested restricted
    		                                                     
      stock awards
    		-50,000 -49,000                                                    
      net income attributable to common stockholders
    		32,812,000 36,938,000 34,113,000 43,214,000 28,511,000 35,227,000 30,915,000 32,027,000 29,327,000 39,760,000 34,484,000 1,863,000 34,468,000 21,673,000 8,399,000 6,477,000 30,814,000 39,183,000 35,332,000 37,140,000 42,595,000 44,368,000 61,023,000 42,039,000 42,758,000 39,979,000  37,799,000 39,092,000 38,245,000 44,230,000 41,188,000 33,032,000 44,595,000 32,725,000 54,396,000 33,600,000 31,182,000 29,683,000 27,529,000 25,250,000 25,294,000 23,533,000 27,775,000 42,744,000 19,920,000 15,743,000 41,103,000 14,351,000     
      weighted-average common shares outstanding:
    		                                                     
      basic
    		47,433,336,000 46,691,953,000 45,720,496,000 43,844,771,000 43,476,067,000 43,397,080,000 43,388,841,000 43,388,794,000 43,388,841,000 43,388,753,000 43,388,742,000 44,774,708,000 44,339,975,000 45,708,238,000 45,850,686,000 45,714,221,000 45,850,599,000 45,850,599,000 45,305,087,000 44,696,285,000 44,661,650,000 44,650,002,000 44,613,593,000 43,417,828,000 43,505,332,000 43,232,384,000  40,894,219,000 41,108,699,000 40,982,244,000 39,953,804,000 39,013,412,000 39,283,919,000 38,520,221,000 38,401,647,000 37,604,594,000 37,566,221,000 37,566,221,000 37,558,067,000 33,375,966,000 33,055,992,000 33,052,750,000 33,051,415,000 28,362,398,000 27,876,176,000 27,876,176,000 27,876,176,000 27,811,813,000 27,830,311,000  27,696,727,000   
      diluted
    		47,623,623,000 46,822,465,000 45,878,528,000 44,102,636,000 43,987,072,000 43,563,654,000 43,424,550,000 43,389,466,000 43,388,841,000 43,388,753,000 43,391,429,000 44,794,236,000 44,402,582,000 45,718,538,000 45,851,061,000 45,729,497,000 45,851,424,000 45,858,074,000 45,357,773,000 44,698,004,000 44,662,403,000 44,650,002,000 44,618,139,000 43,703,248,000 43,861,089,000 43,498,021,000  41,151,453,000 41,448,263,000 41,245,173,000 40,108,762,000 39,155,380,000 39,651,900,000 38,561,384,000 38,414,791,000 37,644,171,000 37,583,141,000 37,607,117,000 37,645,265,000 33,416,014,000 33,088,570,000 33,087,283,000 33,085,232,000 28,397,702,000 27,905,545,000 27,913,727,000 27,911,584,000 27,838,720,000 27,862,582,000  27,796,109,000   
      earnings per share:
    		                                                     
      basic
    		0.69                                                     
      diluted
    		0.69                                                     
      earnings per share - basic
    		 0.79                                                    
      earnings per share - diluted
    		 0.79                                                    
      proxy contest and related
    		  264,000                                                   
      gains on sales of real estate
    		  114,000 4,960,000 102,000 1,517,000 100,000 1,221,000 737,000 11,366,000 1,397,000  14,840,000 10,521,000 2,981,000 6,072,000 19,941,000 6,484,000  309,000                                  
      less: net income attributable to unvested restricted stock awards
    		  -52,000 -28,000 -29,000 -29,000 -32,000 -19,000 -19,000 -19,000                                            
      earnings per common share - basic
    		  750 960 660 810 710 740 680 920                                            
      earnings per common share - diluted
    		  740 960 650 810 710 740 680 920                                            
      loan and realty losses
    		   745,000 3,434,000 1,106,000 10,000 -351,000 1,959,000 186,000  21,960,000 11,329,000 4,094,000 24,528,000 29,170,000 22,425,000 1,221,000     1,555,000 -60,000        3,964,000 1,131,000 14,726,000              -4,495,000 2,300,000     
      gain on operations transfer
    		         20,000  -177,500 19,000                                         
      loss on early retirement of debt
    		         -73,000     -151,000 -1,461,000   -451,000                                   
      other non-operating income
    		       50,500 202,000                                             
      gain on note receivable payoff
    		                                                     
      less: net income attributable to noncontrolling interests
    		          301,000     -33,750 -35,000 -48,000 -52,000    -39,000                               
      earnings per common share:
    		                                                     
      net income attributable to common stockholders - basic
    		          790 50 780 470 180 140 670 850 780 827.5 950 990 1,370 685 980 920  747.5 950 930 1,110 712.5 840 1,160 850 627.5 890 830 790               
      net income attributable to common stockholders - diluted
    		          790 50 780 470 180 130 670 850 780 827.5 950 990 1,370 680 970 920  742.5 940 930 1,100 710 830 1,160 850 627.5 890 830 790               
      gain on note payoff
    		           278,250  1,113,000                                        
      less: net income (income) attributable to noncontrolling interests
    		           303,000 239,000 207,000 153,000                                       
      loss on operations transfer
    		             -729,000                                        
      income from equity method investment
    		               729,000 -557,000 -909,000 -808,000 -1,108,000 -728,000 -848,000 -442,000                               
      less: net (income) loss attributable to noncontrolling interests
    		                   -23,000 -66,000 -57,000                                
      property taxes and insurance on leased properties
    		                     1,450,000 1,553,000 1,593,000 1,608,000 1,506,000                            
      investment and other gains
    		                      21,007,000        10,088,000 6,175,000 1,657,000 26,415,000 1,665,000 23,529,000 1,126,000                 
      income before loss on convertible note retirement
    		                       29,603,250 42,755,000 39,978,000                            
      loss on convertible note retirement
    		                                                     
      less: net income attributable to noncontrolling interest
    		                       3,000 3,000 1,000       -406,000 -386,000 -384,000 -390,000 -377,000 -355,000 -330,000 -571,000 -266,000 -283,000 -323,000 -335,000 -306,000 -178,000 -180,000       
      interest income from mortgage and other notes
    		                           3,009,000 3,045,000 3,992,000 3,089,000 3,890,000 3,591,000 3,232,000 3,092,000 2,829,000 2,507,000 2,521,000 2,121,000 1,755,000 1,754,000 1,748,000 1,756,000 1,756,000 1,936,000 1,972,000 1,969,000       
      investment income and other
    		                           24,000 103,000 109,000 162,000 118,000 388,000 944,000 852,000 990,000 1,316,000 1,122,000 1,135,000 1,035,000 1,055,000 1,059,000 1,067,000 1,010,000 1,040,000 1,064,000 1,052,000 950,000 1,348,000 353,000 1,412,000   
      interest, including amortization of debt discount and issuance costs
    		                           8,932,500 12,241,000 11,828,000 11,661,000 7,936,250 10,816,000 10,666,000 10,262,000 6,867,750 9,772,000 9,287,000 8,412,000 5,180,000 7,005,000 6,829,000 6,887,000           
      income before equity-method investee, trs tax expense, investment and
    		                                                     
      other gains and noncontrolling interest
    		                           27,869,500 39,092,000 38,245,000 34,142,000 20,938,500 33,468,000 18,600,000                    
      income from equity-method investee
    		                                -754,000 -57,000 -402,000 -1,002,000 -252,000  -229,000 -228,000 -53,000 52,000 158,000 55,000 178,000 69,000        
      income tax expense attributable to taxable reit subsidiary
    		                                                     
      income before equity-method investee, trs tax benefit, investment and
    		                                                     
      income tax benefit attributable to taxable reit subsidiary
    		                               -187,250 -933,000 23,000 161,000                   
      income before equity-method investee, trs tax benefit, investment and other gains and noncontrolling interest
    		                                  31,685,000                   
      loan recovery
    		                                   -122,750  -491,000                
      income before equity-method investee and noncontrolling interest
    		                                   23,791,750 33,103,000 31,820,000 30,242,000               
      income income from equity-method investee
    		                                     -283,000                
      loan and realty losses (recoveries)
    		                                                     
      income before equity-method investee, discontinued operations and noncontrolling interest
    		                                       18,698,750 25,569,000 25,525,000 23,698,000           
      income from continuing operations
    		                                       28,100,000 25,516,000 25,577,000 23,856,000 22,117,000 23,118,000 19,254,000 15,008,000 25,035,000 14,351,000 57,195,000 15,565,000   
      discontinued operations
    		                                           190 710 30 30   8,371,870 130   
      income from operations - discontinued
    		                                           3,105,000 562,000 844,000    307,250 1,229,000   
      gain on sale of real estate
    		                                           2,888,000 19,370,000         
      income from discontinued operations
    		                                           5,993,000 19,932,000  915,000   882,000 3,528,000   
      basic:
    		                                                     
      income from continuing operations attributable to common stockholders
    		                                       800 760 770 710 740 820 680 530 900 520     
      net income per common share attributable to common stockholders
    		                                       800 760 770 710 930 1,530 710 560 1,480 520     
      diluted:
    		                                                     
      loan and realty (recoveries) losses
    		                                           494,000 -2,061,000         
      income before equity-method investee, investment and other gains,
    		                                                     
      discontinued operations and noncontrolling interest
    		                                           18,756,000 22,940,000         
      loan impairment
    		                                              4,037,000       
      income before equity-method investee, discontinued operations
    		                                                     
      and noncontrolling interest
    		                                             19,185,000 14,986,000       
      interest expense
    		                                              1,123,000 1,316,000 854,000     
      legal expense
    		                                              277,000 342,000 205,000 371,000 188,000   
      income before unconsolidated entity, discontinued operations
    		                                                     
      income from unconsolidated entity
    		                                              22,000       
      mortgage interest income
    		                                               1,357,000 1,879,000 399,000 1,596,000   
      income before unconsolidated entity, gains on sales of marketable
    		                                                     
      securities, discontinued operations and noncontrolling interest
    		                                               12,399,500 14,351,000     
      gains on sales of marketable securities
    		                                               7,500      
      gain on sales of real estate
    		                                                     
      net income attributable to noncontrolling interest
    		                                                     
      other comprehensive income:
    		                                                     
      change in unrealized gains on securities
    		                                               141,750 -1,336,000     
      less: reclassification adjustment for gains in net income
    		                                               -7,500      
      decrease in fair value of cash flow hedge
    		                                               -335,750 -436,000     
      total other comprehensive income
    		                                               -201,500 -1,772,000     
      total comprehensive income
    		                                               12,205,500 12,579,000     
      income before non-operating income
    		                                                 48,452,000 13,412,000   
      interest expense and amortization of loan costs, net of change in fair value of interest rate swap agreement
    		                                                 185,250 741,000   
      net gain on sale of real estate
    		                                                 574,750 2,299,000   
      net income per common share
    		                                                 172.5 690   
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.