Sabra Health Care REIT, Inc.(NASDAQ:SBRA) Q1 2020 Earnings Conference Call May 7, 2020 1:00 PM ET Company Participants Michael Costa - Executive Vice President of Finance Rick Matros - Chairman and CEO Talya Nevo-Hacohen - Chief Investment Officer and Treasurer Harold Andrews - Chief Financial Officer Conference Call Participants Michael Griffin - Citi Steven Valiquette - Barclays Omotayo Okusanya - Mizuho Daniel Bernstein - Capital One Operator Good day, ladies and gentlemen, and welcome to the Sabra Healt ...

Portfolio Overview - As of December 31, 2019, Sabra's total equity investments comprised 599 properties with 50,650 beds/units, amounting to an investment of $6620776 thousand [10] - The triple-net portfolio consisted of 383 properties with 38,303 beds/units and an investment of $4972075 thousand [10, 13] - The senior housing - managed portfolio included 46 properties with 4,809 beds/units and an investment of $907771 thousand [10] Financial Performance - For the three months ended December 31, 2019, revenues were $155763 thousand, and net operating income was $134778 thousand [9] - For the year ended December 31, 2019, revenues totaled $661736 thousand, and net operating income reached $592658 thousand [9] - The company's net debt to adjusted EBITDA stood at 489x, including unconsolidated joint venture, it was 538x as of December 31, 2019 [10] Capitalization and Debt - As of December 31, 2019, the company's total debt was $28 billion, with a total enterprise value of $71 billion [10] - The company had 2052 million common shares outstanding as of December 31, 2019 [10] - The weighted average interest rate on total debt was 379% as of December 31, 2019 [85] Investment Activity - In 2019, the company invested $67024 thousand in real estate and $13004 thousand in loans receivable, totaling $80028 thousand in all investments [55] - Subsequent to year-end, the company invested $82363 thousand in real estate [55] 2020 Outlook - The company anticipates net income per share between $081 and $091, FFO per share between $169 and $179, and normalized FFO per share between $171 and $181 for 2020 [97]

Sabra Health Care REIT, Inc. (NASDAQ:SBRA) Q4 2019 Earnings Conference Call February 24, 2020 1:00 PM ET Company Participants Michael Costa - EVP, Finance Rick Matros - Chairman & CEO Talya Nevo-Hacohen - EVP, CIO & Treasurer Harold Andrews - CFO Conference Call Participants Nick Yulico - Scotiabank Nick Joseph - Citi Chad Vanacore - Stifel Rich Anderson - SMBC John Kim - BMO Capital Markets Steven Valiquette - Barclays Daniel Bernstein - Capital One Connor Siversky - Berenberg Lukas Hartwich - Green Street ...