Sabra Health Care REIT, Inc. (SBRA) Financial Statements (2023 and earlier)
Company Profile
Business Address |
18500 VON KARMAN IRVINE, CA 92612 |
State of Incorp. | MD |
Fiscal Year End | December 31 |
Industry (SIC) | 6798 - Real Estate Investment Trusts (benchmarking) |
More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
6/30/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
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ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 49,308 | 111,996 | 59,076 | 39,097 | 50,230 | 518,632 | |||
Cash and cash equivalents | 49,308 | 111,996 | 59,076 | 39,097 | 50,230 | 518,632 | |||
Total current assets: | 49,308 | 111,996 | 59,076 | 39,097 | 50,230 | 518,632 | |||
Noncurrent Assets | |||||||||
Property, plant and equipment | 5,872,688 | 5,994,208 | 5,966,695 | 5,880,583 | 6,255,883 | 6,334,855 | |||
Long-term investments and receivables | 134,962 | 96,680 | 288,761 | 319,460 | 340,120 | ||||
Long-term investments | 134,962 | 96,680 | 288,761 | 319,460 | 340,120 | ||||
Intangible assets, net (including goodwill) | 40,131 | 54,063 | 167,119 | ||||||
Intangible assets, net (excluding goodwill) | 40,131 | 54,063 | 167,119 | ||||||
Total noncurrent assets: | 6,047,781 | 6,144,951 | 6,255,456 | 6,200,043 | 6,596,003 | 6,501,974 | |||
Other undisclosed assets | (349,417) | (290,240) | (328,929) | (169,841) | 19,070 | 11,671 | |||
TOTAL ASSETS: | 5,747,672 | 5,966,707 | 5,985,603 | 6,069,299 | 6,665,303 | 7,032,277 | |||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Noncurrent Liabilities | |||||||||
Other undisclosed liabilities | 2,691,277 | 2,587,177 | 2,576,375 | 2,580,839 | 3,410,556 | 3,595,028 | |||
Total liabilities: | 2,691,277 | 2,587,177 | 2,576,375 | 2,580,839 | 3,410,556 | 3,595,028 | |||
Equity | |||||||||
Equity, attributable to parent, including: | 3,056,395 | 3,379,530 | 4,125,423 | 3,488,460 | 3,250,414 | 3,432,807 | |||
Preferred stock | 58 | ||||||||
Common stock | 2,310 | 2,304 | 2,106 | 2,052 | 1,783 | 1,783 | |||
Additional paid in capital | 4,486,967 | 4,482,451 | 4,163,228 | 4,072,079 | 3,507,925 | 3,636,913 | |||
Accumulated other comprehensive income (loss) | 19,063 | (10,021) | (39,911) | (12,388) | 12,301 | 11,289 | |||
Other undisclosed equity, attributable to parent | (1,451,945) | (1,095,204) | (573,283) | (271,595) | (217,236) | ||||
Equity, attributable to noncontrolling interest | 4,333 | 4,442 | |||||||
Other undisclosed equity | (716,195) | ||||||||
Total equity: | 3,056,395 | 3,379,530 | 3,409,228 | 3,488,460 | 3,254,747 | 3,437,249 | |||
TOTAL LIABILITIES AND EQUITY: | 5,747,672 | 5,966,707 | 5,985,603 | 6,069,299 | 6,665,303 | 7,032,277 |
Income Statement (P&L) ($ in thousands)
6/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
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Revenues | 624,811 | 569,545 | 598,569 | 661,736 | 623,409 | 405,647 | ||
Operating leases, income statement, lease revenue | ✕ | ✕ | ✕ | ✕ | ✕ | 536,605 | ✕ | |
Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 364,191 | |
Operating lease, lease income | 400,586 | 396,716 | 430,584 | 452,138 | ✕ | ✕ | ||
Gross profit: | 624,811 | 569,545 | 598,569 | 661,736 | 623,409 | 405,647 | ||
Operating expenses | (133,757) | (48,103) | (38,613) | (153,943) | (125,079) | (67,374) | ||
Operating income: | 491,054 | 521,442 | 559,956 | 507,793 | 498,330 | 338,273 | ||
Nonoperating income (expense) (Other Nonoperating Income (Expense)) | (13,519) | (21,948) | 4,484 | (11,946) | 129,761 | 54,646 | ||
Interest and debt expense | (105,471) | (98,632) | (100,424) | (126,610) | (147,106) | (88,440) | ||
Other undisclosed loss from continuing operations before equity method investments, income taxes | (350,395) | (320,192) | ||||||
Income (loss) from continuing operations before equity method investments, income taxes: | 21,669 | 80,670 | 464,016 | 369,237 | 480,985 | 304,479 | ||
Loss from equity method investments | (27,955) | (16,599) | ||||||
Other undisclosed loss from continuing operations before income taxes | (291,691) | (290,021) | (193,428) | (145,463) | ||||
Income (loss) from continuing operations before income taxes: | 21,669 | 52,715 | 155,726 | 79,216 | 287,557 | 159,016 | ||
Income tax expense | (1,242) | (1,845) | (710) | (3,402) | (3,011) | (651) | ||
Other undisclosed loss from continuing operations | (16,599) | (6,796) | (5,431) | |||||
Income (loss) from continuing operations: | 20,427 | 50,870 | 138,417 | 69,018 | 279,115 | 158,365 | ||
Income (loss) before gain (loss) on sale of properties: | ✕ | 66,870 | 138,417 | 69,018 | 279,115 | 158,365 | ||
Income from discontinued operations | 16,000 | |||||||
Other undisclosed net loss | (180,126) | |||||||
Net income (loss): | 20,427 | (113,256) | 138,417 | 69,018 | 279,115 | 158,365 | ||
Other undisclosed net income (loss) attributable to parent | (98,032) | (22) | (33) | 18 | ||||
Net income (loss) attributable to parent: | (77,605) | (113,256) | 138,417 | 68,996 | 279,082 | 158,383 | ||
Preferred stock dividends and other adjustments | (9,768) | (10,242) | ||||||
Net income (loss) available to common stockholders, diluted: | (77,605) | (113,256) | 138,417 | 68,996 | 269,314 | 148,141 |
Comprehensive Income ($ in thousands)
6/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
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Net income (loss): | 20,427 | (113,256) | 138,417 | 69,018 | 279,115 | 158,365 | ||
Other comprehensive income (loss) | 29,084 | 29,890 | (27,523) | (24,689) | 217 | 13,087 | ||
Other undisclosed comprehensive income (loss) | (98,032) | 795 | ||||||
Comprehensive income (loss): | (48,521) | (83,366) | 110,894 | 44,329 | 280,127 | 171,452 | ||
Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (22) | (33) | 18 | |||||
Other undisclosed comprehensive income, net of tax, attributable to parent | ||||||||
Comprehensive income (loss), net of tax, attributable to parent: | (48,521) | (83,366) | 110,894 | 44,307 | 280,094 | 171,470 |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.