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 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 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 2012-06-30 2012-03-31 2011-12-31 2011-09-30 2011-06-30 2011-03-31 2010-12-31 2010-09-30 2010-06-30 2010-03-31 2009-12-31 2009-09-30 2009-06-30 2009-03-31 2008-12-31 2008-09-30 2008-06-30 2008-03-31 2007-12-31 2007-09-30 2007-06-30 2007-03-31 2006-12-31 2006-09-30 2006-06-30 2006-03-31 2005-12-31 2005-09-30 2005-06-30 2005-03-31 2004-12-31 
      
    		                                                                                    
      revenues
    		                                                                                    
      rental income
    		264,540,000 239,202,000 232,178,000 235,189,000 231,485,000 214,315,000 206,921,000 207,254,000 209,948,000 219,101,000 189,077,000 114,309,000 207,588,000 211,428,000 216,883,000 217,797,000 247,164,000 220,955,000 237,761,000 227,169,000 83,226,000 221,532,000 221,500,000 214,612,000 202,470,000 194,817,000 192,177,000 188,265,000 192,276,000 192,850,000 193,949,000 194,579,000 194,063,000 193,997,000 192,537,000 194,891,000 185,837,000 186,454,000 176,703,000 175,292,000 166,623,000 163,112,000 100,964,000 98,747,000 97,536,000 96,242,000 95,918,000 95,120,000 93,837,000 93,069,000 93,109,000 85,219,000 78,170,000 75,228,000 75,975,000 70,071,000 68,622,000 68,487,000 66,337,000 67,744,000 66,299,000 51,520,000 47,209,000 40,842,000 41,226,000 41,225,000 41,175,000 40,713,000 37,265,000 39,774,000 38,013,000 37,969,000 37,113,000 36,192,000 40,877,000 34,016,000 33,153,000 29,042,000 28,933,000 24,525,000 23,962,000 22,770,000 22,963,000  
      interest income
    		44,811,000 42,997,000 43,116,000 43,388,000 39,941,000 38,042,000 35,836,000 31,613,000 30,623,000 29,232,000 28,420,000                     5,000 4,000 254,000 4,000 4,000 157,000 4,000 8,000 80,000 5,000 7,000 193,000 8,000 11,000 17,000 8,000 21,000 3,000 14,000 3,000 7,000 6,000 9,000 7,000 5,000 12,000 12,000 11,000 17,000 11,000 62,000 15,000 2,000 2,000 6,000 11,000   58,000 65,000              
      miscellaneous income
    		2,240,000 307,000 1,491,000 741,000 4,602,000 388,000 542,000 200,000 1,207,000 1,600,000 451,000 228,000 242,000 1,591,000 1,033,000 451,000 424,000 374,000 472,000 320,000 394,000 1,992,000 929,000 1,653,000 682,000 238,000 1,203,000 375,000 657,000 603,000 531,000 1,196,000 796,000 2,763,000 691,000                                                  
      total revenues
    		311,591,000 282,506,000 276,785,000 279,318,000 276,028,000 252,745,000 243,299,000 239,319,000 242,032,000 250,187,000 218,202,000 144,850,000 239,430,000 244,649,000 249,315,000 249,949,000 281,672,000 257,420,000 273,768,000                                                                  
      ​
    		               505,250 2,021,000                                                                    
      expenses
    		                                                                                    
      depreciation and amortization
    		82,114,000 80,509,000 79,875,000 78,612,000 77,245,000 74,234,000 74,557,000 75,674,000 80,798,000 82,018,000 81,192,000 83,739,000 82,709,000 83,207,000 82,752,000 85,269,000 86,097,000 85,799,000 84,849,000 82,623,000 81,072,000 83,586,000 82,643,000 80,498,000 76,696,000 73,637,000 70,852,000 70,598,000 70,711,000 69,609,000 70,361,000 75,323,000 71,925,000 70,350,000 69,993,000 70,808,000 68,316,000 65,505,000 62,433,000 60,794,000 60,143,000 59,156,000 30,610,000 30,401,000 30,111,000 31,301,000 31,444,000 32,260,000 32,202,000 32,225,000 31,959,000 30,332,000 28,305,000 27,199,000 27,147,000 25,489,000 24,871,000 24,759,000 25,218,000 25,743,000 27,742,000 16,451,000 14,687,000 11,680,000 11,093,000 10,990,000 10,931,000 10,705,000 10,076,000 9,713,000 9,396,000 9,288,000 9,131,000 8,831,000 8,799,000 8,699,000 8,360,000 7,542,000 7,518,000 6,123,000 6,230,000 6,202,000 6,227,000  
      general and administrative
    		23,778,000 23,838,000 32,057,000 22,563,000 21,758,000 22,148,000 21,532,000 18,533,000 20,287,000 22,158,000 20,526,000 15,995,000 18,242,000 18,775,000 16,385,000 17,904,000 15,372,000 15,200,000 16,152,000 15,185,000 14,812,000 13,969,000 15,923,000 14,099,000 13,762,000 13,875,000 16,133,000 17,556,000 14,240,000 15,237,000 16,475,000 12,058,000 11,560,000 11,541,000 12,524,000 11,152,000 12,428,000 11,832,000 10,455,000 12,086,000 10,160,000 10,308,000 6,014,000 7,107,000 5,987,000 6,297,000 6,497,000 5,446,000 5,462,000 5,483,000 5,197,000 5,677,000 5,173,000 4,954,000 5,526,000 4,883,000 4,393,000 4,930,000 5,226,000 3,296,000 4,376,000 3,672,000 3,710,000 2,822,000 2,675,000 3,086,000 3,159,000 2,711,000 2,925,000 2,971,000 3,094,000 3,006,000 2,742,000 2,765,000 2,573,000 3,413,000 5,669,000 2,313,000 2,349,000 2,117,000 2,235,000 2,123,000 1,827,000  
      real estate taxes
    		3,503,000 3,251,000 3,311,000 3,444,000 3,569,000 3,750,000 3,798,000 3,211,000 3,892,000 3,925,000 3,997,000 4,005,000 4,175,000 3,717,000 3,603,000 3,258,000 3,272,000 3,001,000 2,729,000 2,868,000 2,127,000 3,655,000 3,666,000 3,100,000 3,921,000 4,030,000 3,882,000                                                          
      acquisition, merger and transition related costs
    		593,000 2,010,000 1,464,000 795,000 6,437,000 1,780,000 2,603,000 4,158,000 121,000 423,000 639,000 36,348,000 185,000 3,960,000 1,513,000    1,814,000                                                                  
      impairment on real estate properties
    		1,144,000 14,215,000 1,235,000 1,737,000 8,620,000 8,182,000 5,292,000 3,951,000 27,890,000 21,114,000 38,988,000 17,230,000 10,015,000 7,695,000 3,511,000 2,205,000 4,942,000 8,822,000 28,689,000 28,762,000 28,105,000 11,988,000 3,639,000 35,719,000 3,836,000   3,154,000 22,868,000                           1,373,000                             
      recovery for credit losses
    		-3,908,000                                                                                    
      interest expense
    		58,115,000 52,897,000 52,280,000 55,240,000 54,690,000 53,966,000 57,820,000 59,429,000 58,778,000 58,776,000 58,546,000 58,489,000 58,238,000 58,372,000 58,145,000 58,225,000 58,979,000 58,879,000 58,521,000 380,721,000 -51,800,000 -52,791,000 -52,741,000 -52,793,000 -49,878,000 -48,380,000 -48,100,000 -48,605,000 -47,764,000 -48,082,000 -48,011,000 -48,253,000 -47,383,000 -48,085,000 -45,041,000 -44,375,000 -42,855,000 -39,651,000 -37,222,000 -38,605,000 -38,169,000 -38,248,000 -32,359,000 -31,968,000 -30,873,000 -29,447,000 -27,081,000 -25,265,000 -24,492,000 -24,952,000 -25,672,000 -24,501,000 -24,050,000 -24,009,000 -22,967,000 -20,981,000 -20,101,000 -20,072,000 -20,000,000 -19,990,000 -19,070,000 -14,705,000 -13,575,000 -9,421,000 -9,171,000 -8,712,000 -8,773,000   -9,745,000 -9,685,000              
      total expenses
    		165,339,000 171,949,000 175,314,000 161,671,000 163,258,000 149,888,000 174,072,000 197,869,000 194,499,000 201,381,000 199,831,000 280,102,000 177,670,000 174,163,000 167,733,000 216,571,000 194,173,000 175,073,000 191,177,000                                                                  
      other income
    		                                                                                    
      other income – net
    		16,835,000 13,751,000 3,047,000 -769,000 -1,044,000 3,363,000 5,276,000 11,146,000 5,402,000 1,029,000 2,720,000 3,041,000 -176,000 -4,407,000 -455,000 -585,000 -767,000 540,000 231,000                                                                  
      loss on debt extinguishment
    		-7,000   -116,000 -137,000 -213,000 -1,283,000 -486,000   -6,000  -376,000 -7,000 -6,000 -56,000 -642,000 -395,000 -29,670,000                                                                  
      gain on assets sold – net
    		28,269,000 22,886,000 10,075,000 1,886,000 -238,000 12,911,000 -1,391,000 9,712,000 44,076,000 12,243,000 13,637,000 180,204,000 40,930,000 25,180,000 113,637,000 975,000 56,169,000 4,123,000 100,342,000 5,181,000 -749,000 12,843,000 1,838,000 2,893,000 53,067,000 -267,000 3,000 2,312,000 -5,361,000 -2,891,000 17,500,000 46,421,000 693,000 -622,000 7,420,000 30,277,000 5,139,000 13,221,000 1,571,000 -58,000 -2,391,000 8,802,000   -20,000  2,883,000   -1,151,000  2,826,000 1,689,000 1,968,000 5,316,000 -133,000 1,803,000       777,000  -24,000  2,963,000 11,806,000  46,000     297,000 1,188,000        
      total other income
    		45,097,000 36,637,000 13,122,000 1,001,000 -1,419,000 16,061,000 2,602,000 20,372,000 49,478,000 13,272,000 16,351,000 183,245,000 40,378,000 20,766,000 113,176,000 334,000 54,760,000 4,268,000 70,903,000 171,231,000 -55,221,000 -55,110,000 -56,006,000 -54,765,000 -52,157,000 -51,004,000 -49,975,000 -51,013,000 -51,189,000 -49,265,000 -49,610,000 -50,415,000 -49,512,000 -72,260,000 -37,066,000 -46,860,000 -47,237,000 -41,857,000 -39,666,000 -61,128,000 -40,021,000 -39,051,000 -42,896,000 -33,281,000 -30,488,000 -33,021,000 -30,035,000 -25,944,000 -25,188,000 -14,524,000 -26,351,000 -27,683,000 -24,717,000 -22,970,000 -30,697,000 -21,624,000 -23,773,000 -20,763,000 -20,699,000 -36,893,000 -20,037,000 -19,029,000 -14,538,000 -10,201,000 -9,859,000 -9,732,000 -4,735,000 -9,398,000 -9,801,000 -9,661,000 -10,120,000 -10,522,000 -10,535,000 -10,515,000    -9,809,000  -10,041,000 -8,223,000 -10,809,000 -7,239,000  
      income before income tax expense and income from unconsolidated entities
    		191,349,000                                                                                    
      income tax expense
    		-4,483,000 -4,528,000 -3,611,000 -2,981,000 -3,316,000 -1,980,000  -4,163,000 -1,758,000 -1,626,000  -1,026,000 -1,191,000 -1,119,000 -1,225,000 -967,000 -976,000 -939,000 -958,000 -2,299,000 -763,000 -858,000 -1,005,000 -893,000 -483,000 -793,000 -675,000 -825,000 -804,000 -838,000 -543,000    -1,100,000                                                  
      income from unconsolidated entities
    		-1,910,000                                                                                    
      net income
    		184,956,000 140,479,000 112,060,000 116,465,000 114,914,000 117,079,000 69,346,000 56,522,000 93,908,000 61,521,000 36,845,000 46,706,000 105,064,000 91,915,000 195,156,000 34,238,000 142,835,000 86,863,000 164,366,000 63,074,000 -93,768,000 101,960,000 92,279,000 61,146,000 142,948,000 75,671,000 72,182,000 64,903,000 59,062,000 81,986,000 87,933,000 65,156,000 -137,515,000 68,157,000 109,112,000 129,883,000 82,134,000 113,154,000 58,196,000 63,543,000 83,254,000 43,466,000 320 450 480 370 450 172,519,920 320 420 340 33,923,000 30,119,000 30,572,000 26,084,000 19,293,000 21,436,000 17,790,000 -5,913,000 4,969,000 17,007,000 15,509,000 20,951,000 16,239,000 21,138,000 19,822,000 24,912,000 15,709,000 28,072,000 17,122,000 17,234,000 17,316,000 15,349,000 16,050,000 20,659,000 13,409,000 14,623,000 11,261,000 6,881,000 20,007,000 5,119,000 2,257,000 9,304,000  
      yoy
    		60.95% 19.99% 61.60% 106.05% 22.37% 90.31% 88.21% 21.02% -10.62% -33.07% -81.12% 36.42% -26.44% 5.82% 18.73% -45.72% -252.33% -14.81% 78.12% 3.15% -165.60% 34.74% 27.84% -5.79% 142.03% -7.70% -17.91% -0.39% -142.95% 20.29% -19.41% -49.83% -267.43% -39.77% 87.49% 104.40% -1.35% 160.33% 18186150.00% 14120566.67% 17344483.33% 11747467.57% -28.89% -100.00% 50.00% -11.90% 32.35% 408.56% -100.00% -100.00% -100.00% 75.83% 40.51% 71.85% -541.13% 288.27% 26.04% 14.71% -128.22% -69.40% -19.54% -21.76% -15.90% 3.37% -24.70% 15.77% 44.55% -9.28% 82.89% 6.68% -16.58% 29.14% 4.96% 42.53% 200.23% -32.98% 185.66% 398.94% -26.04%      
      qoq
    		31.66% 25.36% -3.78% 1.35% -1.85% 68.83% 22.69% -39.81% 52.64% 66.97% -21.11% -55.55% 14.31% -52.90% 470.00% -76.03% 64.44% -47.15% 160.59% -167.27% -191.97% 10.49% 50.92% -57.23% 88.91% 4.83% 11.22% 9.89% -27.96% -6.76% 34.96% -147.38% -301.76% -37.53% -15.99% 58.14% -27.41% 94.44% -8.41% -23.68% 91.54% 13583025.00% -28.89% -6.25% 29.73% -17.78% -100.00% 53912375.00% -23.81% 23.53% -100.00% 12.63% -1.48% 17.21% 35.20% -10.00% 20.49% -400.86% -219.00% -70.78% 9.66% -25.97% 29.02% -23.18% 6.64% -20.43% 58.58% -44.04% 63.95% -0.65% -0.47% 12.82% -4.37% -22.31% 54.07% -8.30% 29.86% 63.65% -65.61% 290.84% 126.81% -75.74%   
      net income margin %
    		                                                                                    
      net income attributable to noncontrolling interest
    		-5,237,000 -3,880,000 -3,028,000 -3,124,000 -3,152,000 -3,217,000 -1,985,000 -1,521,000 -2,527,000 -1,665,000 -903,000 -1,127,000 -2,790,000 -2,448,000 -5,549,000   -2,340,000 -4,388,000   -2,653,000 -2,364,000 -1,606,000 -4,208,000 -2,530,000 -2,480,000   -3,450,000 -3,713,000   -2,900,000 -4,672,000 -5,624,000 -3,585,000 -5,102,000 -2,641,000 -2,901,000 -3,852,000 -2,038,000                                           
      net income available to common stockholders
    		179,719,000 136,599,000 109,032,000 113,341,000 111,762,000 113,862,000 67,361,000 55,001,000 91,381,000 59,856,000 35,942,000 45,579,000 102,274,000 89,467,000 189,607,000 33,291,000 138,947,000 84,523,000 159,978,000 61,396,000 -91,291,000 99,307,000 89,915,000 59,540,000 138,740,000 73,141,000 69,702,000 62,216,000 56,606,000 78,536,000 84,220,000 62,400,000 -131,678,000 65,257,000 104,440,000 124,259,000 78,549,000 108,052,000 55,555,000 60,642,000 79,402,000 41,428,000 43,052,000 56,990,000 61,713,000 46,817,000 55,829,000 47,206,000 38,137,000 49,058,000 38,120,000 33,923,000 30,119,000 30,572,000 26,084,000 19,293,000 21,436,000  -11,076,000                          
      earnings per common share available to common stockholders:
    		                                                                                    
      basic:
    		                                                                                    
      diluted:
    		                                                                                    
      (recovery) benefit from credit losses
    		 -4,771,000  -720,000 -9,061,000 -14,172,000     -4,057,000   -1,563,000     -1,024,000                                                                  
      income before income tax expense and income from unconsolidated joint ventures
    		 147,194,000 114,593,000 118,648,000 111,351,000 118,918,000  61,822,000 97,011,000 62,078,000  47,993,000 102,138,000 91,252,000 194,758,000 33,712,000 142,259,000 86,615,000 153,494,000 63,884,000 -94,697,000 101,416,000 91,724,000                                                              
      income from unconsolidated joint ventures
    		 -2,187,000 1,078,000 798,000 6,879,000 141,000 98,000 -1,137,000 -1,345,000 1,069,000 831,000 -261,000 4,117,000 1,782,000 1,623,000 1,493,000 1,552,000 1,187,000 11,830,000 1,489,000 1,692,000 1,402,000 1,560,000 919,000 8,428,000 943,000                                                           
      benefit from credit losses
    		  5,092,000     32,913,000 2,733,000   64,296,000 4,106,000   49,710,000 25,511,000 3,536,000  4,420,000 32,076,000 15,000 1,486,000                                                              
      provision (recovery) for credit losses
    		      8,470,000   12,967,000     1,824,000                                                                      
      income before income tax benefit and income from unconsolidated joint ventures
    		      71,829,000                                                                              
      income tax benefit
    		      -2,581,000    1,292,000                                                                          
      income from direct financing leases
    		       252,000 254,000 254,000 254,000 255,000 256,000 256,000 256,000 257,000 257,000 257,000 258,000 258,000 258,000 259,000 258,000 259,000 258,000 259,000 260,000 262,000 264,000 497,000 613,000 614,000 614,000 15,462,000 15,646,000 15,724,000 15,611,000 15,521,000 15,442,000 15,354,000 15,216,000 15,020,000 14,346,000 14,278,000 14,211,000 14,146,000 14,084,000                                      
      income before income tax benefit (expense) and income from unconsolidated joint ventures
    		          34,722,000                                                                          
      mortgage interest income
    		           14,345,000 17,234,000 19,597,000 20,549,000 20,968,000 23,047,000 24,021,000 23,625,000 24,044,000 24,013,000 21,680,000 19,685,000 19,780,000 19,796,000 18,832,000 18,134,000 18,503,000 18,396,000 16,834,000 16,579,000 17,029,000 16,920,000 16,297,000 15,956,000 15,838,000 15,996,000 21,371,000 16,606,000 17,574,000 17,195,000 17,562,000 16,579,000 16,875,000 16,883,000 9,923,000 9,326,000 7,281,000 7,289,000 7,435,000 7,346,000 8,029,000 7,677,000 7,404,000 7,336,000 5,726,000 3,617,000 3,433,000 3,498,000 2,682,000 2,576,000 2,519,000 2,614,000 2,915,000 2,915,000 2,895,000 2,876,000 3,026,000 3,007,000 2,550,000 979,000 992,000 999,000 888,000 1,009,000 1,010,000 1,054,000 1,154,000 1,184,000 2,110,000 1,221,000 1,240,000 1,956,000  
      other investment income
    		           9,120,250 14,110,000 11,777,000 10,594,000 10,476,000 10,780,000 11,813,000 11,652,000 11,994,000 11,286,000 10,932,000 10,652,000 10,364,000 9,989,000 11,133,000 11,914,000 12,345,000 10,259,000 9,097,000 8,527,000                                                      
      recovery on direct financing leases
    		               -179,250  -164,000 -553,000                                                                  
      net (income) loss attributable to noncontrolling interest
    		               -2,654,000 -3,888,000           -2,404,750 -2,456,000                                                        
      other comprehensive income:
    		                                                                                    
      foreign currency translation
    		               -725,250 -5,027,000                                                                    
      cash flow hedges
    		               4,382,250 1,895,000                                                                    
      total other comprehensive income
    		               3,657,000 -3,132,000                                                                    
      comprehensive income
    		               102,173,000 139,703,000                                                                    
      comprehensive (income) loss attributable to noncontrolling interest
    		               -2,750,000 -3,803,000                                                                    
      comprehensive income attributable to common stockholders
    		               99,423,000 135,900,000                      42,565,000 58,599,000 76,780,000 46,172,000                                           
      revenue
    		                                                                                    
      total operating revenues
    		                   157,149,000 119,177,000 256,395,000 253,024,000 246,668,000 233,195,000 225,279,000 223,688,000 219,750,000 221,852,000 219,881,000 220,199,000 221,206,000 219,638,000 235,797,000 231,744,000 234,486,000 224,638,000 228,824,000 212,879,000 210,512,000 201,974,000 197,711,000 133,420,000 131,321,000 130,665,000 121,800,000 121,001,000 111,137,000 103,301,000 102,515,000 101,761,000 95,012,000 87,108,000 83,825,000 84,515,000 76,304,000 72,818,000 72,606,000 70,476,000 71,114,000 69,724,000 58,805,000 58,678,000 49,373,000 49,753,000 49,152,000 49,160,000 49,162,000 59,999,000 43,735,000 40,866,000 39,594,000 39,224,000 38,162,000 42,668,000 35,884,000 35,243,000 31,061,000 30,751,000 27,302,000 25,994,000 25,754,000 28,606,000  
      acquisition and merger related costs
    		                   15,500 36,000 251,000 -225,000 43,000 887,000           -2,000 2,309,000 3,504,000 3,771,000 2,018,000 3,555,000                                            
      (recovery) impairment on direct financing leases
    		                   -2,003,000 -324,000 -752,000                                                               
      total operating expenses
    		                   94,437,000 157,904,000 112,712,000 107,132,000 133,676,000 99,102,000 98,487,000 101,516,000 119,170,000 105,819,000 84,313,000 99,564,000 152,007,000 307,880,000 94,718,000 92,518,000 87,836,000 100,325,000 86,580,000 116,341,000 85,517,000 75,902,000 123,457,000 47,472,000 41,050,000 38,444,000 41,962,000 38,020,000 37,987,000 39,976,000 37,782,000 37,290,000 36,232,000 33,961,000 32,251,000 33,050,000 35,254,000 29,412,000 34,053,000 55,690,000 29,252,000 32,676,000 24,267,000 23,189,000 23,710,000 18,756,000 19,574,000 19,513,000 24,064,000 34,004,000 16,952,000 14,004,000 12,074,000 13,509,000 11,596,000 11,372,000 12,725,000 14,208,000 9,855,000 9,867,000 4,840,000 13,919,000 9,158,000 12,039,000  
      other operating income
    		                                                                                    
      operating income
    		                   66,195,000 -39,476,000 156,526,000 147,730,000 115,885,000 187,160,000 126,525,000 122,175,000                                                          
      yoy
    		                   -42.88% -121.09% 23.71% 20.92%                                                              
      qoq
    		                   -267.68% -125.22% 5.95% 27.48% -38.08% 47.92% 3.56%                                                           
      operating margin %
    		                                                                                    
      interest income and other – net
    		                   -168,750 -82,000 141,000 -734,000 735,000 -25,000 -191,000 337,000    585,000                                                      
      interest – amortization of deferred financing costs
    		                   -1,846,000 -2,462,000 -2,461,000 -2,461,000 -2,811,000 -2,277,000 -2,238,000 -2,238,000 -2,237,000 -2,238,000 -2,242,000 -2,243,000 -2,243,000 -2,228,000 -2,543,000 -2,502,000 -2,501,000 -2,502,000 -2,210,000 -2,132,000 -1,954,000 -1,857,000 -1,826,000 -1,353,000 -1,348,000 -1,243,000 -946,000 -922,000 -700,000 -699,000 -698,000 -682,000 -679,000 -673,000 -668,000 -629,000 -648,000 -629,000 -703,000 -694,000        -500,000 -501,000 -500,000 -500,000 -500,000 -499,000 -500,000 -500,000           
      interest – refinancing costs
    		                   -224,000 -896,000             -21,965,000   -1,815,000  -298,000    -9,377,000    -2,040,000        -7,108,000    -16,000                          
      realized gain on foreign exchange
    		                   -12,500 19,000 1,000 -70,000 104,000 23,000  26,000 12,000 27,000 -66,000 59,000 76,000 95,000 79,000 61,000                                                  
      net income (income) attributable to noncontrolling interest
    		                   -635,000 2,477,000           -433,750 5,837,000                                                    
      earnings per common share/unit available to common stockholders:
    		                                                                                    
      weighted-average shares outstanding, basic
    		                     227,411,000 227,261,000 213,404,000 217,818,000 211,569,000 204,558,000 200,279,000 200,910,000 199,497,000 198,911,000 197,738,000 197,890,000 197,433,000 197,013,000 191,781,000 194,123,000 188,981,000 188,228,000 172,242,000 184,739,000 182,697,000 134,346,000 126,550,000 127,464,000 126,474,000 124,459,000 117,257,000 117,600,000 116,199,000 112,782,000 107,591,000 109,135,000 105,717,000 103,754,000 102,119,000 103,180,000 101,912,000 100,074,000 94,056,000 95,698,000 93,031,000 88,840,000 83,556,000 83,740,000 82,573,000 82,396,000 75,127,000 76,590,000 72,942,000 68,680,000 65,858,000 67,952,000 67,237,000 60,094,000 58,651,000 59,021,000 58,158,000 57,412,000 51,738,000 51,187,000 51,031,000 50,928,000  
      weighted-average shares outstanding, diluted
    		                     234,523,000 234,506,000 222,125,000 226,513,000 220,479,000 213,523,000 209,711,000 210,437,000 208,460,000 207,816,000 206,790,000 206,662,000 206,672,000 206,174,000 201,635,000 204,078,000 199,157,000 198,350,000 180,508,000 195,183,000 194,482,000 134,806,000 127,294,000 128,428,000 127,436,000 124,822,000 118,100,000 118,462,000 117,022,000 113,522,000 108,011,000 109,667,000 106,033,000 104,012,000 102,177,000 103,231,000 102,001,000 100,086,000 94,237,000 95,987,000 93,153,000 88,961,000 83,649,000 83,858,000 82,674,000 82,478,000 75,213,000 76,702,000 73,038,000 68,747,000 65,886,000 67,965,000 67,261,000 60,118,000 58,745,000 59,446,000 58,237,000 57,474,000 52,059,000 51,479,000 51,365,000 51,313,000  
      impairment on direct financing leases
    		                       217,000   7,700,000 27,153,000                                                         
      (recovery) benefit from uncollectible accounts
    		                           1,590,750 -2,000,000                                                        
      income from continuing operations
    		                       61,120,000 135,003,000 75,521,000 72,200,000 65,093,000 59,483,000 83,412,000 88,525,000 65,205,000 -137,061,000 68,197,000 109,580,000                             16,239,000 21,138,000 19,822,000 24,912,000 15,709,000 28,072,000 17,122,000 16,788,000 17,271,000 15,312,000 16,051,000 19,033,000 13,200,000 14,656,000 11,397,000 7,260,000 12,421,000 3,852,000 5,787,000 9,328,000  
      acquisition costs
    		                         1,236,000 2,949,000     -5,500  19,000 -41,000       47,084,000 4,868,000 3,549,000 259,000 45,000 95,000 111,000 -9,000 9,000 134,000 223,000 483,000 98,000 105,000 1,159,000   45,000 64,000 78,000 1,192,000 220,000                      
      impairment (recovery) on real estate properties
    		                         5,709,000                                                           
      benefit from uncollectible accounts
    		                             564,000 7,814,000 3,416,750 11,899,000 2,673,000 2,404,000                                                  
      realized loss on foreign exchange
    		                         -195,000          12,000 -222,000  -22,000                                              
      income from unconsolidated joint venture
    		                          657,000 635,000 383,000 -588,000 -49,000 509,000 545,000 551,000 632,000                                                  
      income before other income and expense
    		                           93,059,000 116,033,000 135,568,000 120,635,000 69,199,000 -88,242,000 141,079,000 139,226,000 146,650,000 124,313,000 142,244,000 96,538,000 124,995,000 126,072,000 74,254,000 85,948,000 90,271,000 92,221,000 79,838,000 82,981,000 73,150,000 63,325,000 64,733,000 64,471,000 58,780,000 53,147,000 51,574,000 51,465,000 41,050,000 43,406,000 38,553,000 14,786,000 41,862,000 37,048,000 34,538,000 35,489,000 25,663,000 30,997,000 29,578,000 29,647,000 25,098,000 25,995,000 26,783,000 26,862,000 27,520,000 25,715,000 26,566,000 31,296,000 23,159,000 21,035,000 21,206,000 20,884,000 22,462,000 12,075,000 16,596,000 16,567,000  
      interest income and other - net
    		                           -183,000 -1,214,000 1,125,000                                                       
      contractual settlement
    		                                  10,412,000                                                  
      income before gain on assets sold
    		                           55,543,000 64,844,000 86,303,000 71,025,000 18,784,000 -137,754,000 68,819,000 102,160,000 99,790,000 77,076,000 100,387,000 56,872,000 63,867,000 86,051,000 35,203,000 43,052,000 56,990,000 61,733,000 46,817,000 52,946,000 47,206,000 38,137,000 50,209,000 38,120,000 31,097,000 28,430,000 28,604,000 20,768,000 19,426,000 19,633,000       15,462,000 21,138,000 19,846,000 24,912,000 12,514,500 16,194,000 17,122,000 16,742,000 12,548,750 15,180,000   13,808,000 14,068,000        
      (recovery) impairment on real estate properties
    		                             -1,097,000                                                       
      dividends declared per common share
    		                             660 660 472.5 640 630 620 437.5 600 580 570    890                                          
      impairment loss on real estate properties
    		                              4,914,000 63,460,000 17,837,000 10,135,000 7,638,000  17,275,000 6,893,000 34,558,000 3,040,000 1,743,000 6,916,000 5,982,000 915,000 2,102,000 1,558,000      68,000   272,000    24,971,000 38,750  155,000  39,750 89,000  70,000 421,000 170,000  1,514,000              
      income per common share available to common stockholders:
    		                                                                                    
      other investment income – net
    		                               7,788,000 7,245,000 7,278,000 6,914,000 5,052,000 7,194,000 5,478,000 4,128,000 2,292,000 2,940,000 2,017,000 1,531,000 1,421,000 2,035,000 1,489,000 1,421,000 3,533,000 2,175,000 1,860,000 1,306,000 1,227,000 1,238,000 1,165,000 1,130,000 429,000 383,000 617,000 641,000 654,000 746,000 1,790,000 746,000 658,000 694,000 539,000 611,000 500,000 313,000 582,000 636,000 485,000 962,000 729,000  719,500 994,000        
      impairment loss on direct financing leases
    		                               231,000 194,659,000                                                    
      income taxes
    		                               -672,500 -999,000 -591,000  -195,500 -81,000 -454,000 -247,000 -266,000 -406,000 -539,000                          18,000 72,000                
      (recovery) benefit from uncollectible mortgages, notes and accounts receivable
    		                                   991,750 -3,000 -1,154,000                                               
      income from continuing operations before income taxes
    		                                   63,566,500 82,215,000 113,608,000 58,443,000 63,809,000 83,660,000 44,005,000                      16,239,000 21,138,000   15,709,000 28,000,000   17,396,000 15,180,000 16,051,000 19,033,000 13,808,000 15,256,000        
      interest – refinancing gain
    		                                       -2,090,250  1,016,000  -767,000 1,617,000     11,112,000                                   
      provisions for uncollectible mortgages, notes and accounts receivable
    		                                      5,124,000 7,579,000 301,000 -7,000 -2,000 -7,000 -15,000 2,761,000 -16,000 -245,000 2,321,000 65,000      2,300,000  4,139,000                           
      other comprehensive loss - foreign currency translation
    		                                      -4,730,000 -4,463,000 -6,789,000                                            
      other comprehensive loss - cash flow hedges
    		                                      -8,876,000                                              
      total comprehensive income
    		                                      44,590,000 58,362,000 76,465,000 46,305,000              8,328,250 21,436,000 17,790,000 -5,913,000 4,969,000 17,007,000 15,471,000 20,989,000 16,239,000 21,138,000 19,822,000 24,912,000 15,709,000 28,072,000 17,122,000 17,234,000 17,316,000 15,349,000 16,050,000 20,659,000 12,278,000 12,711,000 12,142,000 7,580,000 20,661,000 5,849,000 2,257,000 7,343,000  
      deduct: comprehensive income attributable to noncontrolling interest
    		                                      -2,025,000                                              
      add: comprehensive income attributable to noncontrolling interest
    		                                       45,500 315,000                                            
      dividends declared and paid per common share
    		                                       405 550 180  375 510 500 490 345 470 460 450 312.5 420 420 410 287.5 400 380 370 370 360 320 320 300 300 300 300 300 300 300 290 270 280 270 260 250 240 240 230 220 220 210 200  
      other comprehensive income - foreign currency translation
    		                                         2,839,000                                           
      less: comprehensive income attributable to noncontrolling interest
    		                                         -133,000                                           
      income per common share available to common shareholders:
    		                                                                                    
      interest – refinancing (costs) gain
    		                                             -2,645,000                                       
      miscellaneous
    		                                              252,000   151,000  537,000 23,000 28,000 74,000 78,000 196,000 69,000  34,000 103,000 20,000 3,729,000 73,000 160,000 130,000 74,000 94,000 73,000 829,000 1,238,000 148,000 150,000 353,000 137,000 49,000 42,000 332,000 109,000 6,000 141,000 1,146,000 3,165,000  
      nursing home expenses of owned and operated assets
    		                                                       50,000 148,000 225,000 230,000 149,000 480,000 2,797,000 4,572,000 4,882,000 4,899,000 5,498,000 5,353,000 6,768,000 20,833,000                
      interest – loss on extinguishment of debt
    		                                                   -1,352,500                                 
      preferred stock dividends
    		                                                          -1,691,000 -2,272,000 -2,271,000 -2,272,000 -2,271,000 -2,272,000 -2,271,000 -2,272,000 -2,271,000 -2,272,000 -2,480,000 -2,481,000 -2,481,000 -2,481,000 -2,480,000 -2,481,000    -2,481,000  -2,481,000 -2,481,000 -2,864,000 -3,559,000  
      preferred stock redemption
    		                                                         16,000 -3,472,000                          
      interest – gain on extinguishment of debt
    		                                                     1,698,000                               
      nursing home revenues of owned and operated assets
    		                                                             2,956,000 4,380,000 4,885,000 4,758,000 4,363,000 4,424,000 4,829,000 19,341,000                
      other income:
    		                                                                                    
      interest –refinancing costs
    		                                                       -767,750 -3,055,000                            
      components of other comprehensive income:
    		                                                                                    
      net income available to common
    		                                                         17,806,000  11,663,250 14,736,000 13,237,000 18,680,000 14,764,500 18,867,000 17,550,000  13,746,500 25,592,000 14,641,000  11,154,000 12,869,000 13,569,000 18,178,000 10,928,000 12,143,000 8,780,000 4,400,000 17,526,000 2,638,000 -2,620,000 5,745,000  
      unrealized loss on other investments
    		                                                             -38,000                       
      unrealized gain on other investments
    		                                                              38,000                      
      interest – amortization of deferred financing and refinancing costs
    		                                                           -1,585,500 -978,000 -4,386,000 -978,000 -554,000 -690,000 -1,026,000                   
      litigation settlements
    		                                                                  4,527,000   526,000               
      income before loss on assets sold
    		                                                           13,367,750 17,011,000 15,509,000                       
      loss on assets sold – net
    		                                                           -1,000 -4,000                        
      benefit from uncollectible accounts receivable
    		                                                                   1,067,000  4,268,000               
      discontinued operations
    		                                                                      446,000 45,000 37,000 -1,000 1,626,000          
      net income available to common shareholders
    		                                                                  22,641,000    14,753,000              
      interest and other investment income
    		                                                                   49,250 74,000   33,500 36,000 58,000 40,000 42,000 189,000 69,000 113,000 130,000 25,000 24,000 41,000  
      interest
    		                                                                   -7,201,250 -9,375,000   -7,997,000 -10,071,000 -10,073,000    -9,447,000  -5,357,750 -7,709,000 -6,948,000 -6,774,000  
      income per common share:
    		                                                                                    
      benefit from impairment on real estate properties
    		                                                                       -220,000 1,636,000            
      benefit from uncollectible mortgages, notes and accounts receivable
    		                                                                           44,750 179,000     83,000   
      gain on sale of equity securities
    		                                                                            2,709,000        
      change in fair value of derivatives
    		                                                                           -593,000 1,764,000        
      gain on assets sold - net
    		                                                                                    
      benefit from income taxes
    		                                                                       -125,000 132,000            
      unrealized gain on common stock investment
    		                                                                                    
      reclassification adjustment for gain on common stock investment
    		                                                                                    
      unrealized loss on preferred stock investment
    		                                                                                    
      other investment income - net
    		                                                                          645,000   533,000 525,000 661,000 670,000 598,000 522,000  
      interest - amortization of deferred financing costs
    		                                                                             -431,000  -551,000 -539,000 -525,000 -506,000  
      interest - refinancing costs
    		                                                                                    
      leasehold expiration expense
    		                                                                               300,000  750,000   
      benefit from impairment on equity securities
    		                                                                                 -3,360,000   
      (loss) from discontinued operations
    		                                                                             -136,000       
      preferred stock conversion and redemption charges
    		                                                                                 -2,013,000   
      unrealized gain on investments
    		                                                                             881,000       
      income from discontinued operations
    		                                                                                  -24,000  
      unrealized gain on investments and hedging contracts
    		                                                                              699,000 182,500 730,000    
      provisions for impairment on real estate properties
    		                                                                               2,288,500 5,454,000    
      provisions for impairment on equity securities
    		                                                                                    
      owned and operated professional liability claims
    		                                                                                    
      adjustment of derivatives to fair value
    		                                                                                    
      gain from discontinued operations
    		                                                                               -262,250 1,267,000 -3,530,000   
      restricted stock expense
    		                                                                                  285,000  
      provisions for impairment
    		                                                                                  3,700,000  
      adjustment of derivative to fair value
    		                                                                                    
      unrealized gain on investment and hedging contracts
    		                                                                                  -1,961,000  
    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.