$SBRA
Sabra Health Care REIT, Inc.

2014 Q1 Form 10-Q Financial Statement

#000149229814000023 Filed on May 05, 2014

View on sec.gov

Income Statement

Concept 2014 Q1 2013 Q1
Revenue $40.85M $32.02M
YoY Change 27.57% 34.96%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $5.900M $4.700M
YoY Change 25.53% 9.3%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $9.350M $8.246M
YoY Change 13.39% 12.91%
% of Gross Profit
Operating Expenses $15.30M $12.50M
YoY Change 22.4% 7.76%
Operating Profit
YoY Change
Interest Expense -$11.10M -$10.00M
YoY Change 11.0% 29.87%
% of Operating Profit
Other Income/Expense, Net $300.0K
YoY Change
Pretax Income -$7.300M $9.600M
YoY Change -176.04% 118.18%
Income Tax $0.00 $0.00
% Of Pretax Income 0.0%
Net Earnings -$7.303M $9.557M
YoY Change -176.42% 116.96%
Net Earnings / Revenue -17.88% 29.85%
Basic Earnings Per Share -$0.25 $0.25
Diluted Earnings Per Share -$0.25 $0.25
COMMON SHARES
Basic Shares Outstanding 38.97M shares 37.29M shares
Diluted Shares Outstanding 38.97M shares 37.74M shares

Balance Sheet

Concept 2014 Q1 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.300M $53.60M
YoY Change -91.98% 1885.19%
Cash & Equivalents $4.286M $53.57M
Short-Term Investments
Other Short-Term Assets $75.20M $37.50M
YoY Change 100.53% 20.97%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $79.50M $91.10M
YoY Change -12.73% 170.33%
LONG-TERM ASSETS
Property, Plant & Equipment $1.022B $819.0M
YoY Change 24.75% 20.33%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $30.60M $29.50M
YoY Change 3.73% -8.39%
Total Long-Term Assets $1.252B $873.5M
YoY Change 43.32% 22.53%
TOTAL ASSETS
Total Short-Term Assets $79.50M $91.10M
Total Long-Term Assets $1.252B $873.5M
Total Assets $1.331B $964.6M
YoY Change 38.03% 29.2%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $26.30M $18.40M
YoY Change 42.93% 3.37%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $50.50M $42.60M
YoY Change 18.54% -1.62%
LONG-TERM LIABILITIES
Long-Term Debt $842.1M $481.8M
YoY Change 74.78% 25.93%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $842.1M $481.8M
YoY Change 74.78% 25.93%
TOTAL LIABILITIES
Total Short-Term Liabilities $50.50M $42.60M
Total Long-Term Liabilities $842.1M $481.8M
Total Liabilities $892.6M $524.4M
YoY Change 70.21% 23.12%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $391.0K $373.0K
YoY Change 4.83% 0.81%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $438.7M $440.1M
YoY Change
Total Liabilities & Shareholders Equity $1.331B $964.6M
YoY Change 38.03% 29.2%

Cashflow Statement

Concept 2014 Q1 2013 Q1
OPERATING ACTIVITIES
Net Income -$7.303M $9.557M
YoY Change -176.42% 116.96%
Depreciation, Depletion And Amortization $9.350M $8.246M
YoY Change 13.39% 12.91%
Cash From Operating Activities $1.207M $21.60M
YoY Change -94.41% 31.21%
INVESTING ACTIVITIES
Capital Expenditures -$108.7M
YoY Change
Acquisitions
YoY Change
Other Investing Activities $0.00 -$15.30M
YoY Change -100.0%
Cash From Investing Activities -$128.1M -$15.31M
YoY Change 736.91% -61.92%
FINANCING ACTIVITIES
Cash Dividend Paid $16.60M $12.72M
YoY Change 30.52% 4.12%
Common Stock Issuance & Retirement, Net -$648.0K -$2.534M
YoY Change -74.43% 584.86%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $126.9M $30.17M
YoY Change 320.62% -290.6%
NET CHANGE
Cash From Operating Activities $1.207M $21.60M
Cash From Investing Activities -$128.1M -$15.31M
Cash From Financing Activities $126.9M $30.17M
Net Change In Cash -$22.00K $36.46M
YoY Change -100.06% -192.14%
FREE CASH FLOW
Cash From Operating Activities $1.207M $21.60M
Capital Expenditures -$108.7M
Free Cash Flow $109.9M
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2014Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
537288000 USD
CY2013Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2569000 USD
CY2013Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
22229000 USD
CY2014Q1 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
26315000 USD
CY2014Q1 us-gaap Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
98996000 USD
CY2013Q4 us-gaap Accumulated Distributions In Excess Of Net Income
AccumulatedDistributionsInExcessOfNetIncome
74921000 USD
CY2013Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
534639000 USD
CY2014Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2689000 USD
CY2013Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-199000 USD
CY2014Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-33000 USD
CY2013Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
766000 USD
CY2014Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
945000 USD
CY2014Q1 us-gaap Assets
Assets
1331356000 USD
CY2013Q4 us-gaap Assets
Assets
1197835000 USD
CY2014Q1 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
979097000 USD
CY2013Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
879926000 USD
CY2014Q1 us-gaap Business Combination Consideration Transferred Liabilities Incurred
BusinessCombinationConsiderationTransferredLiabilitiesIncurred
3200000 USD
CY2013Q1 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-500000 USD
CY2014Q1 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
-300000 USD
CY2014Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4286000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4308000 USD
CY2013Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
53565000 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
17101000 USD
CY2014Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-22000 USD
CY2013Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
36464000 USD
CY2014Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2013Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2013Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.34
CY2014Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.36
CY2014Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.36
CY2014Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2013Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2014Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
125000000 shares
CY2013Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
125000000 shares
CY2014Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
39143251 shares
CY2013Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
38788745 shares
CY2013Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
38788745 shares
CY2014Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
39143251 shares
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
388000 USD
CY2014Q1 us-gaap Common Stock Value
CommonStockValue
391000 USD
CY2014Q1 us-gaap Convertible Preferred Stock Terms Of Conversion
ConvertiblePreferredStockTermsOfConversion
1.7864
CY2013Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
24212000 USD
CY2014Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
24212000 USD
CY2013Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
8246000 USD
CY2014Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
9350000 USD
CY2014Q1 us-gaap Dividends Common Stock
DividendsCommonStock
14211000 USD
CY2013Q1 us-gaap Dividends Common Stock
DividendsCommonStock
12811000 USD
CY2013Q1 us-gaap Interest Paid
InterestPaid
3064000 USD
CY2014Q1 us-gaap Interest Paid
InterestPaid
7219000 USD
CY2014Q1 us-gaap Due From Affiliates
DueFromAffiliates
0 USD
CY2013Q4 us-gaap Due From Affiliates
DueFromAffiliates
0 USD
CY2014Q1 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
0 USD
CY2013Q4 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
0 USD
CY2013Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.25
CY2014Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.25
CY2013Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.25
CY2014Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.25
CY2013Q4 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
50567000 USD
CY2014Q1 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
57193000 USD
CY2014Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-22134000 USD
CY2013Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2014Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5853000 USD
CY2013Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4717000 USD
CY2013Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
9557000 USD
CY2014Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-7321000 USD
CY2014Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
2086000 USD
CY2013Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
6513000 USD
CY2013Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
513000 USD
CY2014Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2152000 USD
CY2014Q1 us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
1202000 USD
CY2013Q1 us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
1063000 USD
CY2014Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2013Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
453843 shares
CY2014Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
11134000 USD
CY2013Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
10002000 USD
CY2014Q1 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
7700000 USD
CY2013Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
4700000 USD
CY2014Q1 us-gaap Investment Owned Balance Principal Amount
InvestmentOwnedBalancePrincipalAmount
198585000 USD
CY2014Q1 us-gaap Investments
Investments
199603000 USD
CY2014Q1 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
0 USD
CY2013Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
0 USD
CY2013Q4 us-gaap Land
Land
131611000 USD
CY2014Q1 us-gaap Land
Land
141251000 USD
CY2013Q4 us-gaap Land Improvements
LandImprovements
4392000 USD
CY2014Q1 us-gaap Land Improvements
LandImprovements
4392000 USD
CY2013Q4 us-gaap Liabilities
Liabilities
737671000 USD
CY2014Q1 us-gaap Liabilities
Liabilities
892633000 USD
CY2014Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1331356000 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1197835000 USD
CY2014Q1 us-gaap Line Of Credit Facility Amount Outstanding
LineOfCreditFacilityAmountOutstanding
162000000 USD
CY2013Q4 us-gaap Line Of Credit Facility Amount Outstanding
LineOfCreditFacilityAmountOutstanding
135500000 USD
CY2014Q1 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
190606000 USD
CY2014Q1 us-gaap Loans Receivable Net
LoansReceivableNet
191529000 USD
CY2014Q1 us-gaap Long Term Debt
LongTermDebt
842106000 USD
CY2014Q1 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
638149000 USD
CY2014Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
2717000 USD
CY2014Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
2634000 USD
CY2014Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
164553000 USD
CY2014Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
31637000 USD
CY2014Q1 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
2416000 USD
CY2013Q4 us-gaap Minority Interest
MinorityInterest
0 USD
CY2014Q1 us-gaap Minority Interest
MinorityInterest
-18000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
126910000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
30172000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-15311000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-128139000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
21603000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1207000 USD
CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
9557000 USD
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
-7303000 USD
CY2013Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2014Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-18000 USD
CY2014Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-9864000 USD
CY2013Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
9253000 USD
CY2014Q1 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
1639258000 USD
CY2014Q1 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
101053000 USD
CY2014Q1 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
148382000 USD
CY2014Q1 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
144746000 USD
CY2014Q1 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
141204000 USD
CY2014Q1 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
138355000 USD
CY2014Q1 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
965518000 USD
CY2013Q1 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
31475000 USD
CY2014Q1 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
36093000 USD
CY2013Q1 us-gaap Other Noncash Income
OtherNoncashIncome
-5000 USD
CY2014Q1 us-gaap Other Noncash Income
OtherNoncashIncome
-70000 USD
CY2013Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
500000 USD
CY2014Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
300000 USD
CY2014Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
0 USD
CY2014Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
16597000 USD
CY2013Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
12716000 USD
CY2013Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
72000 USD
CY2014Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
9873000 USD
CY2013Q1 us-gaap Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
0 USD
CY2014Q1 us-gaap Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
56000 USD
CY2013Q1 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
4646000 USD
CY2014Q1 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
5000 USD
CY2013Q1 us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
12873000 USD
CY2014Q1 us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
19428000 USD
CY2013Q1 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
12873000 USD
CY2014Q1 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
19428000 USD
CY2014Q1 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
108650000 USD
CY2013Q1 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
0 USD
CY2014Q1 us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.07125
CY2014Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
2561000 USD
CY2013Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
304000 USD
CY2013Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2014Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2013Q1 us-gaap Preferred Stock Redemption Price Per Share
PreferredStockRedemptionPricePerShare
25.00
CY2014Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2013Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2013Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
5750000 shares
CY2014Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
5750000 shares
CY2013Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
5750000 shares
CY2014Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
5750000 shares
CY2013Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
5750000 shares
CY2014Q1 us-gaap Preferred Stock Value
PreferredStockValue
58000 USD
CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
58000 USD
CY2014Q1 us-gaap Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
0 USD
CY2014Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
-648000 USD
CY2013Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
-2534000 USD
CY2014Q1 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 USD
CY2013Q1 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
138983000 USD
CY2013Q1 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
138300000 USD
CY2014Q1 us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
350000000 USD
CY2013Q1 us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
0 USD
CY2014Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
50000000 USD
CY2013Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 USD
CY2014Q1 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
46103000 USD
CY2013Q1 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 USD
CY2013Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
CY2014Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
CY2013Q1 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
2208000 USD
CY2014Q1 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
0 USD
CY2014Q1 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
160229000 USD
CY2013Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
151078000 USD
CY2014Q1 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1181933000 USD
CY2013Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1066496000 USD
CY2014Q1 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1021704000 USD
CY2013Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
915418000 USD
CY2013Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
92500000 USD
CY2014Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
23500000 USD
CY2014Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
57325000 USD
CY2013Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
989000 USD
CY2014Q1 us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
211250000 USD
CY2013Q1 us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
0 USD
CY2014Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
6364000 USD
CY2013Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
5352000 USD
CY2014Q1 us-gaap Revenues
Revenues
40850000 USD
CY2013Q1 us-gaap Revenues
Revenues
32022000 USD
CY2014Q1 sbra Common Stock At Market Stock Offering Number Of Shares Sold
CommonStockAtMarketStockOfferingNumberOfSharesSold
200000 shares
CY2014Q1 sbra Common Stock At Market Stock Offering Sales Commision
CommonStockAtMarketStockOfferingSalesCommision
0.02
CY2014Q1 us-gaap Secured Debt
SecuredDebt
130106000 USD
CY2013Q4 us-gaap Secured Debt
SecuredDebt
141328000 USD
CY2013Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
1600000 USD
CY2014Q1 us-gaap Security Deposit Liability
SecurityDepositLiability
1700000 USD
CY2014Q1 us-gaap Share Based Compensation
ShareBasedCompensation
2513000 USD
CY2013Q1 us-gaap Share Based Compensation
ShareBasedCompensation
2474000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
460164000 USD
CY2014Q1 us-gaap Stockholders Equity
StockholdersEquity
438741000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
460164000 USD
CY2014Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
438723000 USD
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
305488000 USD
CY2013Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
440140000 USD
CY2014Q1 us-gaap Straight Line Rent
StraightLineRent
4186000 USD
CY2013Q1 us-gaap Straight Line Rent
StraightLineRent
3683000 USD
CY2013Q4 us-gaap Unsecured Debt
UnsecuredDebt
414402000 USD
CY2014Q1 us-gaap Unsecured Debt
UnsecuredDebt
550000000 USD
CY2014Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-top:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Actual results could materially differ from those estimates.</font></div></div>
CY2013Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37739964 shares
CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
38968403 shares
CY2013Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37286121 shares
CY2014Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
38968403 shares
CY2014Q1 sbra Common Stock At Market Stock Offering Max Possible Gross Proceeds
CommonStockAtMarketStockOfferingMaxPossibleGrossProceeds
100000000 USD
CY2013Q4 sbra Contingent Consideration Fair Value Disclosure
ContingentConsiderationFairValueDisclosure
7500000 USD
CY2014Q1 sbra Contingent Consideration Fair Value Disclosure
ContingentConsiderationFairValueDisclosure
10400000 USD
CY2014Q1 sbra Income Loss From Subsidiaries
IncomeLossFromSubsidiaries
0 USD
CY2013Q1 sbra Income Loss From Subsidiaries
IncomeLossFromSubsidiaries
0 USD
CY2013Q1 sbra Interest Income
InterestIncome
547000 USD
CY2014Q1 sbra Interest Income
InterestIncome
4757000 USD
CY2014Q1 sbra Investments Weighted Average Contractual Rate
InvestmentsWeightedAverageContractualRate
0.085
CY2014Q1 sbra Investments Weighted Average Effective Rate
InvestmentsWeightedAverageEffectiveRate
0.084
CY2014Q1 sbra Liability For Uncertain Tax Positions
LiabilityForUncertainTaxPositions
24212000 USD
CY2013Q4 sbra Liability For Uncertain Tax Positions
LiabilityForUncertainTaxPositions
24212000 USD
CY2013Q4 sbra Loan Receivable Face Value
LoanReceivableFaceValue
176558000 USD
CY2014Q1 sbra Loan Receivable Face Value
LoanReceivableFaceValue
190606000 USD
CY2014Q1 sbra Loans And Leases Receiavble Effective Interest Rate
LoansAndLeasesReceiavbleEffectiveInterestRate
0.0809447342
CY2014Q1 sbra Loans And Leases Receivable Fixed Interest Rate
LoansAndLeasesReceivableFixedInterestRate
0.0821647902
CY2014Q1 sbra Loans And Leases Receivable Number Of Loans
LoansAndLeasesReceivableNumberOfLoans
11 Facilities
CY2013Q4 sbra Loansreceivableandotherinvestmentsnet
Loansreceivableandotherinvestmentsnet
185293000 USD
CY2014Q1 sbra Loansreceivableandotherinvestmentsnet
Loansreceivableandotherinvestmentsnet
199603000 USD
CY2014Q1 sbra Lossonextinguishmentofdebtnoncash
Lossonextinguishmentofdebtnoncash
-1338000 USD
CY2013Q1 sbra Lossonextinguishmentofdebtnoncash
Lossonextinguishmentofdebtnoncash
0 USD
CY2014Q1 sbra Numberof Investments
NumberofInvestments
13 Investment
CY2014Q1 sbra Numberof Real Estate Properties Leasedto Third Party
NumberofRealEstatePropertiesLeasedtoThirdParty
1 Facilities
CY2014Q1 sbra Operating Leases Weighted Average Lease Expiration Period
OperatingLeasesWeightedAverageLeaseExpirationPeriod
P11Y
CY2014Q1 sbra Ownership Percentagein Real Estate
OwnershipPercentageinRealEstate
1
CY2013Q1 sbra Payments For Proceeds From Intercompany Financing Investing Activities
PaymentsForProceedsFromIntercompanyFinancingInvestingActivities
0 USD
CY2014Q1 sbra Payments For Proceeds From Intercompany Financing Investing Activities
PaymentsForProceedsFromIntercompanyFinancingInvestingActivities
0 USD
CY2013Q1 sbra Payments Of Distributions To Parent
PaymentsOfDistributionsToParent
0 USD
CY2014Q1 sbra Preferred Equity Investment Carrying Amount
PreferredEquityInvestmentCarryingAmount
8074000 USD
CY2014Q1 sbra Preferred Equity Investment Face Value
PreferredEquityInvestmentFaceValue
7979000 USD
CY2013Q4 sbra Preferred Equity Investment Face Value
PreferredEquityInvestmentFaceValue
7695000 USD
CY2014Q1 sbra Preferred Equity Investment Fair Value Disclosure
PreferredEquityInvestmentFairValueDisclosure
8236000 USD
CY2014Q1 sbra Preferred Equity Investment Weighted Average Contractual Rate
PreferredEquityInvestmentWeightedAverageContractualRate
0.150
CY2014Q1 sbra Preferred Equity Investment Weighted Average Effective Rate
PreferredEquityInvestmentWeightedAverageEffectiveRate
0.150
CY2014Q1 sbra Preferred Equity Investments Number
PreferredEquityInvestmentsNumber
2 Facilities
CY2014Q1 sbra Preferred Equity Investments Number
PreferredEquityInvestmentsNumber
2 Investment
CY2013Q4 sbra Prepaid Expenses Deferred Financing Costs And Other Assets
PrepaidExpensesDeferredFinancingCostsAndOtherAssets
63252000 USD
CY2014Q1 sbra Prepaid Expenses Deferred Financing Costs And Other Assets
PrepaidExpensesDeferredFinancingCostsAndOtherAssets
75187000 USD
CY2013Q1 sbra Proceeds From Distributions To Parent Investing Activities
ProceedsFromDistributionsToParentInvestingActivities
0 USD
CY2014Q1 sbra Third Party Joint Venture Percentage
ThirdPartyJointVenturePercentage
0.5
CY2014Q1 sbra Total Expenses
TotalExpenses
26337000 USD
CY2013Q1 sbra Total Expenses
TotalExpenses
22965000 USD
CY2014Q1 sbra Totalotherincomeexpense
Totalotherincomeexpense
-21834000 USD
CY2013Q1 sbra Totalotherincomeexpense
Totalotherincomeexpense
500000 USD
CY2013Q1 sbra Writeoffofstraightlinerentalincome
Writeoffofstraightlinerentalincome
0 USD
CY2014Q1 sbra Writeoffofstraightlinerentalincome
Writeoffofstraightlinerentalincome
99000 USD
CY2014Q1 dei Amendment Flag
AmendmentFlag
false
CY2014Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2014Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2014Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014Q1 dei Document Period End Date
DocumentPeriodEndDate
2014-03-31
CY2014Q1 dei Document Type
DocumentType
10-Q
CY2014Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001492298
CY2014Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
39213151 shares
CY2014Q1 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2014Q1 dei Entity Registrant Name
EntityRegistrantName
Sabra Health Care REIT, Inc.

Files In Submission

Name View Source Status
0001492298-14-000023-index-headers.html Edgar Link pending
0001492298-14-000023-index.html Edgar Link pending
0001492298-14-000023.txt Edgar Link pending
0001492298-14-000023-xbrl.zip Edgar Link pending
ex44-fourthsupplementalind.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
sbra-20140331.xml Edgar Link completed
sbra-20140331.xsd Edgar Link pending
sbra-20140331_cal.xml Edgar Link unprocessable
sbra-20140331_def.xml Edgar Link unprocessable
sbra-20140331_lab.xml Edgar Link unprocessable
sbra-20140331_pre.xml Edgar Link unprocessable
sbra10q2014q1.htm Edgar Link pending
sbraex1212014q1.htm Edgar Link pending
sbraex3112014q1.htm Edgar Link pending
sbraex3122014q1.htm Edgar Link pending
sbraex3212014q1.htm Edgar Link pending
sbraex3222014q1.htm Edgar Link pending
Show.js Edgar Link pending