CareTrust REIT Inc

For the period ended Jun 30, 2024. Filed Aug 2, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2024 · Filed Aug 2, 2024

CTRE$38.21+2.8%Stored close · as of Nov 6, 2026

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Contents

Condensed Consolidated Statements of Operations

(in thousands, except per share amounts)

	For the Three Months Ended June 30,		For the Six Months Ended June 30,
	2024	2023	2024	2023
Revenues:
Rental income	$55,407	$47,745	$108,909	$93,908
Interest and other income	13,484	3,808	23,052	8,251
Total revenues	68,891	51,553	131,961	102,159
Expenses:
Depreciation and amortization	13,860	12,716	27,308	24,954
Interest expense	8,679	11,040	16,907	20,867
Property taxes	1,976	1,390	3,777	2,270
Impairment of real estate investments	25,711	21,392	28,455	23,278
Property operating expenses	255	658	915	1,621
General and administrative	6,136	4,718	12,974	9,779
Total expenses	56,617	51,914	90,336	82,769
Other loss:
Gain on sale of real estate, net	21	2,028	32	1,958
Unrealized loss on other real estate related investments, net	(1,877)	(2,151)	(2,489)	(2,605)
Total other loss	(1,856)	(123)	(2,457)	(647)
Net income (loss)	10,418	(484)	39,168	18,743
Net loss attributable to noncontrolling interests	(340)	—	(336)	—
Net income (loss) attributable to CareTrust REIT, Inc.	$10,758	$(484)	$39,504	$18,743
Earnings (loss) per common share attributable to CareTrust REIT, Inc:
Basic	$0.07	$(0.01)	$0.28	$0.19
Diluted	$0.07	$(0.01)	$0.28	$0.19
Weighted-average number of common shares:
Basic	144,895	99,117	138,866	99,090
Diluted	145,258	99,117	139,230	99,194

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.