10-Q Filing

CARETRUST REIT, INC. CIK: 1590717 Q2 2015

Filing Information

Form Type	10-Q
Accession Number	`0001628280-15-006348`
Period End Date	20150630
Filing Date	20150810
Fiscal Year	2015
Fiscal Period	Q2
XBRL Instance	ctre-20150630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 61 Income Statement 91 Cash Flow Statement 86 Stockholders Equity 35 Comprehensive Income 19

Balance Sheet 61 line items

Line Item	Tag	Value	Unit	Period
Related party receivables	`AccountsReceivableRelatedParties`	$2.27M	USD	Point-in-time
Related party receivables	`AccountsReceivableRelatedParties`	-	USD	Point-in-time
Real estate investments, net	`LoansReceivableCommercialRealEstate`	$459.51M	USD	Point-in-time
Preferred stock, Par Value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, Par Value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Real estate investments, net	`LoansReceivableCommercialRealEstate`	$436.21M	USD	Point-in-time
Preferred stock, Shares Authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Other real estate investments	`RealEstateInvestmentsOther`	$7.99M	USD	Point-in-time
Other real estate investments	`RealEstateInvestmentsOther`	$7.53M	USD	Point-in-time
Preferred stock, Shares Authorized	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$895.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$29.90M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$25.32M	USD	Point-in-time
Preferred stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$80.34M	USD	Point-in-time
Preferred stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Accounts receivable (related party receivables of $0 at June 30, 2015 and $2,275 at December 31, 2014)	`AccountsReceivableNet`	$2.04M	USD	Point-in-time
Accounts receivable (related party receivables of $0 at June 30, 2015 and $2,275 at December 31, 2014)	`AccountsReceivableNet`	$2.29M	USD	Point-in-time
Preferred stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$809.00K	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$2.29M	USD	Point-in-time
Common Stock, Par Value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common Stock, Par Value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common Stock, Shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Deferred financing costs, net	`DeferredFinanceCostsNet`	$9.44M	USD	Point-in-time
Deferred financing costs, net	`DeferredFinanceCostsNet`	$10.40M	USD	Point-in-time
Common Stock, Shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common Stock, Shares Issued	`CommonStockSharesIssued`	31.25M	shares	Point-in-time
Total assets	`Assets`	$482.57M	USD	Point-in-time
Common Stock, Shares Issued	`CommonStockSharesIssued`	31.31M	shares	Point-in-time
Total assets	`Assets`	$511.18M	USD	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	31.31M	shares	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	31.25M	shares	Point-in-time
Senior unsecured notes payable	`UnsecuredLongTermDebt`	$260.00M	USD	Point-in-time
Senior unsecured notes payable	`UnsecuredLongTermDebt`	$260.00M	USD	Point-in-time
Mortgage notes payable	`NotesPayable`	$98.20M	USD	Point-in-time
Mortgage notes payable	`NotesPayable`	$96.85M	USD	Point-in-time
Secured revolving credit facility	`LineOfCredit`	-	USD	Point-in-time
Secured revolving credit facility	`LineOfCredit`	$35.00M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndOtherAccruedLiabilities`	$5.95M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndOtherAccruedLiabilities`	$6.96M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$5.09M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$3.95M	USD	Point-in-time
Total liabilities	`Liabilities`	$369.11M	USD	Point-in-time
Total liabilities	`Liabilities`	$402.89M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.01 par value; 100,000,000 shares authorized, no shares issued and outstanding as of June 30, 2015 and December 31, 2014	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.01 par value; 100,000,000 shares authorized, no shares issued and outstanding as of June 30, 2015 and December 31, 2014	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.01 par value; 500,000,000 shares authorized, 31,306,782 and 31,251,157 shares issued and outstanding as of June 30, 2015 and December 31, 2014, respectively	`CommonStockValue`	$313.00K	USD	Point-in-time
Common stock, $0.01 par value; 500,000,000 shares authorized, 31,306,782 and 31,251,157 shares issued and outstanding as of June 30, 2015 and December 31, 2014, respectively	`CommonStockValue`	$313.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$246.70M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$246.04M	USD	Point-in-time
Cumulative distributions in excess of earnings	`AccumulatedDistributionsInExcessOfNetIncome`	$132.89M	USD	Point-in-time
Cumulative distributions in excess of earnings	`AccumulatedDistributionsInExcessOfNetIncome`	$138.73M	USD	Point-in-time
Total equity	`StockholdersEquity`	$113.46M	USD	Point-in-time
Total equity	`StockholdersEquity`	$162.69M	USD	Point-in-time
Total equity	`StockholdersEquity`	$108.29M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$482.57M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$511.18M	USD	Point-in-time

Income Statement 91 line items

Line Item	Tag	Value	Unit	Period
Related party rental income	`RevenueFromRelatedParties`	$16.31M	USD	2 Qtrs
Related party rental income	`RevenueFromRelatedParties`	$2.31M	USD	1 Quarter
Related party rental income	`RevenueFromRelatedParties`	$4.70M	USD	2 Qtrs
Related party rental income	`RevenueFromRelatedParties`	$4.70M	USD	1 Quarter
Rental income (related party rental income of $2,308 and $4,667 for the three months ended June 30, 2015 and 2014, respectively and $16,308 and $4,667 for the six months ended June 30, 2015 and 2014, respectively Note 6)	`OperatingLeasesIncomeStatementLeaseRevenue`	$15.25M	USD	1 Quarter
Related party tenant reimbursements	`ReimbursementRevenue`	$400.00K	USD	2 Qtrs
Rental income (related party rental income of $2,308 and $4,667 for the three months ended June 30, 2015 and 2014, respectively and $16,308 and $4,667 for the six months ended June 30, 2015 and 2014, respectively Note 6)	`OperatingLeasesIncomeStatementLeaseRevenue`	$23.23M	USD	2 Qtrs
Related party tenant reimbursements	`ReimbursementRevenue`	$400.00K	USD	1 Quarter
Rental income (related party rental income of $2,308 and $4,667 for the three months ended June 30, 2015 and 2014, respectively and $16,308 and $4,667 for the six months ended June 30, 2015 and 2014, respectively Note 6)	`OperatingLeasesIncomeStatementLeaseRevenue`	$12.21M	USD	1 Quarter
Related party tenant reimbursements	`ReimbursementRevenue`	$1.41M	USD	2 Qtrs
Rental income (related party rental income of $2,308 and $4,667 for the three months ended June 30, 2015 and 2014, respectively and $16,308 and $4,667 for the six months ended June 30, 2015 and 2014, respectively Note 6)	`OperatingLeasesIncomeStatementLeaseRevenue`	$30.09M	USD	2 Qtrs
Related party tenant reimbursements	`ReimbursementRevenue`	$200.00K	USD	1 Quarter
Tenant reimbursements (related party tenant reimbursements of $200 and $396 for the three months ended June 30, 2015 and 2014, respectively and $1,406 and $396 for the six months ended June 30, 2015 and 2014, respectively Note 6)	`TenantReimbursements`	$2.50M	USD	2 Qtrs
Tenant reimbursements (related party tenant reimbursements of $200 and $396 for the three months ended June 30, 2015 and 2014, respectively and $1,406 and $396 for the six months ended June 30, 2015 and 2014, respectively Note 6)	`TenantReimbursements`	$2.55M	USD	2 Qtrs
Tenant reimbursements (related party tenant reimbursements of $200 and $396 for the three months ended June 30, 2015 and 2014, respectively and $1,406 and $396 for the six months ended June 30, 2015 and 2014, respectively Note 6)	`TenantReimbursements`	$1.29M	USD	1 Quarter
Tenant reimbursements (related party tenant reimbursements of $200 and $396 for the three months ended June 30, 2015 and 2014, respectively and $1,406 and $396 for the six months ended June 30, 2015 and 2014, respectively Note 6)	`TenantReimbursements`	$1.24M	USD	1 Quarter
Independent living facilities	`HomeBuildingRevenue`	$1.24M	USD	2 Qtrs
Independent living facilities	`HomeBuildingRevenue`	$623.00K	USD	1 Quarter
Independent living facilities	`HomeBuildingRevenue`	$607.00K	USD	1 Quarter
Independent living facilities	`HomeBuildingRevenue`	$1.21M	USD	2 Qtrs
Interest and other income	`InterestAndOtherIncome`	-	USD	2 Qtrs
Interest and other income	`InterestAndOtherIncome`	-	USD	1 Quarter
Interest and other income	`InterestAndOtherIncome`	$232.00K	USD	1 Quarter
Interest and other income	`InterestAndOtherIncome`	$455.00K	USD	2 Qtrs
Total revenues	`Revenues`	$26.94M	USD	2 Qtrs
Total revenues	`Revenues`	$14.06M	USD	1 Quarter
Total revenues	`Revenues`	$34.33M	USD	2 Qtrs
Total revenues	`Revenues`	$17.38M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$5.68M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$12.27M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$6.07M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$11.28M	USD	2 Qtrs
Interest expense	`InterestExpense`	$5.99M	USD	1 Quarter
Interest expense	`InterestExpense`	$6.45M	USD	1 Quarter
Interest expense	`InterestExpense`	$9.78M	USD	2 Qtrs
Interest expense	`InterestExpense`	$11.89M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-4.07M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-4.07M	USD	1 Quarter
Property taxes	`RealEstateTaxExpense`	$1.24M	USD	1 Quarter
Property taxes	`RealEstateTaxExpense`	$1.29M	USD	1 Quarter
Property taxes	`RealEstateTaxExpense`	$2.55M	USD	2 Qtrs
Property taxes	`RealEstateTaxExpense`	$2.50M	USD	2 Qtrs
Independent living facilities	`HomeBuildingCosts`	$566.00K	USD	1 Quarter
Independent living facilities	`HomeBuildingCosts`	$555.00K	USD	1 Quarter
Independent living facilities	`HomeBuildingCosts`	$1.17M	USD	2 Qtrs
Independent living facilities	`HomeBuildingCosts`	$1.10M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$6.01M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.15M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$1.59M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$7.91M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$24.39M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$37.62M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$15.11M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$30.03M	USD	2 Qtrs
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$2.27M	USD	1 Quarter
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$4.30M	USD	2 Qtrs
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-10.32M	USD	1 Quarter
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-10.69M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$53.00K	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$17.00K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-10.34M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-10.74M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$4.30M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-8.14M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$2.27M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.48	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.13	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$-0.47	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.07	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.48	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.13	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.47	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.07	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	22.23M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	31.27M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	31.28M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	22.23M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	22.23M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.27M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	31.28M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	22.23M	shares	2 Qtrs
Dividends declared per common share (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.12	USD	Annual
Dividends declared per common share (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.16	USD	1 Quarter
Dividends declared per common share (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.16	USD	1 Quarter
Dividends declared per common share (in usd per share)	`CommonStockDividendsPerShareDeclared`	-	USD	2 Qtrs
Dividends declared per common share (in usd per share)	`CommonStockDividendsPerShareDeclared`	-	USD	1 Quarter
Dividends declared per common share (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.32	USD	2 Qtrs

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-10.34M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-10.74M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$4.30M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-8.14M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$2.27M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$5.68M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$12.27M	USD	2 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$6.07M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$11.28M	USD	2 Qtrs
Amortization of deferred financing costs and debt discount	`AmortizationOfFinancingCostsAndDiscounts`	$517.00K	USD	2 Qtrs
Amortization of deferred financing costs and debt discount	`AmortizationOfFinancingCostsAndDiscounts`	$1.10M	USD	2 Qtrs
Amortization of stock-based compensation	`AllocatedShareBasedCompensationExpense`	$294.00K	USD	1 Quarter
Amortization of stock-based compensation	`AllocatedShareBasedCompensationExpense`	$660.00K	USD	2 Qtrs
Amortization of stock-based compensation	`AllocatedShareBasedCompensationExpense`	-	USD	2 Qtrs
Noncash interest income adjustments	`InterestIncomeOperating`	-	USD	2 Qtrs
Noncash interest income adjustments	`InterestIncomeOperating`	$455.00K	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebtNonCash`	$-2.00M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebtNonCash`	-	USD	2 Qtrs
Loss on settlement of interest rate swap	`DerivativeLossOnDerivative`	-	USD	2 Qtrs
Loss on settlement of interest rate swap	`DerivativeLossOnDerivative`	$1.66M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.02M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$3.00K	USD	2 Qtrs
Accounts receivable due from related party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-2.27M	USD	2 Qtrs
Accounts receivable due from related party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$1.85M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-677.00K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$545.00K	USD	2 Qtrs
Interest rate swap	`IncreaseDecreaseInDerivativeAssets`	$1.66M	USD	2 Qtrs
Interest rate swap	`IncreaseDecreaseInDerivativeAssets`	-	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.68M	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.01M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$15.59M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$7.55M	USD	2 Qtrs
Acquisition of real estate	`PaymentsToAcquireRealEstate`	$33.65M	USD	2 Qtrs
Acquisition of real estate	`PaymentsToAcquireRealEstate`	-	USD	2 Qtrs
Improvements to real estate	`PaymentsToDevelopRealEstateAssets`	-	USD	2 Qtrs
Improvements to real estate	`PaymentsToDevelopRealEstateAssets`	$143.00K	USD	2 Qtrs
Purchases of equipment, furniture and fixtures	`PaymentsToAcquirePropertyPlantAndEquipment`	$19.01M	USD	2 Qtrs
Purchases of equipment, furniture and fixtures	`PaymentsToAcquirePropertyPlantAndEquipment`	$227.00K	USD	2 Qtrs
Escrow deposit for acquisition of real estate	`PaymentsForDepositsOnRealEstateAcquisitions`	-	USD	2 Qtrs
Escrow deposit for acquisition of real estate	`PaymentsForDepositsOnRealEstateAcquisitions`	$1.50M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-19.01M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-35.52M	USD	2 Qtrs
Proceeds from the issuance of senior unsecured notes payable	`ProceedsFromIssuanceOfUnsecuredDebt`	-	USD	2 Qtrs
Proceeds from the issuance of senior unsecured notes payable	`ProceedsFromIssuanceOfUnsecuredDebt`	$260.00M	USD	2 Qtrs
Borrowings under senior secured revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$10.00M	USD	2 Qtrs
Borrowings under senior secured revolving credit facility	`ProceedsFromLongTermLinesOfCredit`	$35.00M	USD	2 Qtrs
Proceeds from the issuance of mortgage notes payable	`ProceedsFromSecuredNotesPayable`	$50.68M	USD	2 Qtrs
Proceeds from the issuance of mortgage notes payable	`ProceedsFromSecuredNotesPayable`	-	USD	2 Qtrs
Repayments of borrowings under senior secured revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	-	USD	2 Qtrs
Repayments of borrowings under senior secured revolving credit facility	`RepaymentsOfLongTermLinesOfCredit`	$88.70M	USD	2 Qtrs
Payments on the mortgage notes payable	`RepaymentsOfNotesPayable`	$1.35M	USD	2 Qtrs
Payments on the mortgage notes payable	`RepaymentsOfNotesPayable`	$66.86M	USD	2 Qtrs
Payments on senior secured term loan	`RepaymentsOfSecuredDebt`	-	USD	2 Qtrs
Payments on senior secured term loan	`RepaymentsOfSecuredDebt`	$65.62M	USD	2 Qtrs
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$139.00K	USD	2 Qtrs
Payments of deferred financing costs	`PaymentsOfFinancingCosts`	$12.95M	USD	2 Qtrs
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$9.00M	USD	2 Qtrs
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	-	USD	2 Qtrs
Net contribution from Ensign	`ProceedsFromPaymentsForContributionsFromDistributionToParent`	$4.36M	USD	2 Qtrs
Net contribution from Ensign	`ProceedsFromPaymentsForContributionsFromDistributionToParent`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$24.51M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$90.91M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$4.58M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$79.45M	USD	2 Qtrs
Cash and cash equivalents beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$895.00K	USD	Point-in-time
Cash and cash equivalents beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$29.90M	USD	Point-in-time
Cash and cash equivalents beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$25.32M	USD	Point-in-time
Cash and cash equivalents beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$80.34M	USD	Point-in-time
Cash and cash equivalents end of period	`CashAndCashEquivalentsAtCarryingValue`	$895.00K	USD	Point-in-time
Cash and cash equivalents end of period	`CashAndCashEquivalentsAtCarryingValue`	$29.90M	USD	Point-in-time
Cash and cash equivalents end of period	`CashAndCashEquivalentsAtCarryingValue`	$25.32M	USD	Point-in-time
Cash and cash equivalents end of period	`CashAndCashEquivalentsAtCarryingValue`	$80.34M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$6.41M	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$10.80M	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaid`	$104.00K	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaid`	-	USD	2 Qtrs
Increase in dividends payable	`IncreaseDecreaseInDividendsPayable`	$1.14M	USD	2 Qtrs
Increase in dividends payable	`IncreaseDecreaseInDividendsPayable`	-	USD	2 Qtrs
Application of escrow deposit to acquisition of real estate	`EscrowDepositDisbursementsRelatedToPropertyAcquisition1`	-	USD	2 Qtrs
Application of escrow deposit to acquisition of real estate	`EscrowDepositDisbursementsRelatedToPropertyAcquisition1`	$500.00K	USD	2 Qtrs
Operating assets and liabilities that were not transferred to CareTrust	`OperatingAssetsAndLiabilitiesThatWereNotTransferred`	-	USD	2 Qtrs
Operating assets and liabilities that were not transferred to CareTrust	`OperatingAssetsAndLiabilitiesThatWereNotTransferred`	$1.04M	USD	2 Qtrs
Equipment, furniture and fixtures that were not transferred to CareTrust	`EquipmentFurnitureAndFixturesThatWereNotTransferred`	-	USD	2 Qtrs
Equipment, furniture and fixtures that were not transferred to CareTrust	`EquipmentFurnitureAndFixturesThatWereNotTransferred`	$-11.68M	USD	2 Qtrs
Net capital distribution to Ensign	`NonCashCapitalDistributionToParentCompany`	-	USD	2 Qtrs
Net capital distribution to Ensign	`NonCashCapitalDistributionToParentCompany`	$10.47M	USD	2 Qtrs

Stockholders Equity 35 line items

Line Item	Tag	Value	Unit	Period
Special dividend per share	`CommonStockSpecialDividendsPerShareDeclared`	$5.88	USD	Annual
Common dividend (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.12	USD	Annual
Common dividend (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.16	USD	1 Quarter
Common dividend (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.16	USD	1 Quarter
Common dividend (in usd per share)	`CommonStockDividendsPerShareDeclared`	-	USD	2 Qtrs
Common dividend (in usd per share)	`CommonStockDividendsPerShareDeclared`	-	USD	1 Quarter
Common dividend (in usd per share)	`CommonStockDividendsPerShareDeclared`	$0.32	USD	2 Qtrs
Beginning balance	`StockholdersEquity`	$113.46M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$162.69M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$108.29M	USD	Point-in-time
Net capital contribution from Ensign	`CapitalContributionFromParentCompany`	$4.36M	USD	Annual
Unrealized gain on interest rate swap	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	-	USD	2 Qtrs
Unrealized gain on interest rate swap	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-30.00K	USD	1 Quarter
Unrealized gain on interest rate swap	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Unrealized gain on interest rate swap	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$167.00K	USD	Annual
Unrealized gain on interest rate swap	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$167.00K	USD	2 Qtrs
Reclassification adjustment on interest rate swap	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-1.66M	USD	Annual
Reclassification adjustment on interest rate swap	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-1.66M	USD	1 Quarter
Reclassification adjustment on interest rate swap	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	-	USD	2 Qtrs
Reclassification adjustment on interest rate swap	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	-	USD	1 Quarter
Reclassification adjustment on interest rate swap	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-1.66M	USD	2 Qtrs
Net capital distribution to Ensign	`CapitalDistributionsToParent`	$10.47M	USD	Annual
Amortization of stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$660.00K	USD	2 Qtrs
Amortization of stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$154.00K	USD	Annual
Special dividend at $5.88 per share	`SpecialDividendsCommonStock`	$33.00M	USD	Annual
Common dividend ($0.125 and $0.32 per share for the twelve months ended 12/31/2014 and six months ended 6/30/2015, respectively)	`DividendsCommonStock`	$10.14M	USD	2 Qtrs
Common dividend ($0.125 and $0.32 per share for the twelve months ended 12/31/2014 and six months ended 6/30/2015, respectively)	`DividendsCommonStock`	$3.95M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-10.34M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-10.74M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$4.30M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-8.14M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$2.27M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$113.46M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$162.69M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$108.29M	USD	Point-in-time

Comprehensive Income 19 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-10.34M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-10.74M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$4.30M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-8.14M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$2.27M	USD	1 Quarter
Unrealized (loss) gain on interest rate swap	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	-	USD	2 Qtrs
Unrealized (loss) gain on interest rate swap	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$-30.00K	USD	1 Quarter
Unrealized (loss) gain on interest rate swap	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	-	USD	1 Quarter
Unrealized (loss) gain on interest rate swap	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$167.00K	USD	Annual
Unrealized (loss) gain on interest rate swap	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$167.00K	USD	2 Qtrs
Reclassification adjustment on interest rate swap	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-1.66M	USD	Annual
Reclassification adjustment on interest rate swap	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-1.66M	USD	1 Quarter
Reclassification adjustment on interest rate swap	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	-	USD	2 Qtrs
Reclassification adjustment on interest rate swap	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	-	USD	1 Quarter
Reclassification adjustment on interest rate swap	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax`	$-1.66M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$2.27M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-8.71M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$4.30M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-8.91M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.