Sabra Health Care REIT Files 2023 Annual 10-K Report
Ticker: SBRA · Form: 10-K · Filed: 2024-02-27T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, REIT, annual-report, real-estate
TL;DR
**Sabra Health Care REIT just dropped its 2023 annual 10-K, giving the full financial picture for the last fiscal year.**
AI Summary
Sabra Health Care REIT, Inc. (CIK: 0001492298) filed its annual 10-K report with the SEC on February 27, 2024, covering the fiscal year that ended on December 31, 2023. The company, incorporated in Maryland, operates within the Real Estate Investment Trusts (REITs) sector. This filing provides a comprehensive overview of its financial and operational status for the past year.
Why It Matters
This annual filing offers a crucial public disclosure of Sabra Health Care REIT's financial performance and operational health, informing investors and stakeholders about its stability and future prospects.
Risk Assessment
Risk Level: medium — As a Real Estate Investment Trust, Sabra is inherently exposed to market fluctuations, interest rate changes, and tenant-specific risks within the healthcare real estate sector.
Key Players & Entities
- Sabra Health Care REIT, Inc. (company) — filer
- 0001492298 (identifier) — Central Index Key (CIK)
- 20231231 (date) — fiscal year end
- 20240227 (date) — filing date
- MD (location) — state of incorporation
FAQ
What is the full legal name of the entity that filed this 10-K?
The full legal name of the entity is Sabra Health Care REIT, Inc.
When was this 10-K filing submitted to the SEC?
This 10-K filing was submitted on February 27, 2024.
What is the Central Index Key (CIK) for Sabra Health Care REIT, Inc.?
The Central Index Key (CIK) for Sabra Health Care REIT, Inc. is 0001492298.
What is the fiscal year end date covered by this 10-K report?
The fiscal year end date covered by this 10-K report is December 31, 2023.
In which state is Sabra Health Care REIT, Inc. incorporated?
Sabra Health Care REIT, Inc. is incorporated in Maryland (MD).
From the Filing
0001492298-24-000008.txt : 20240227 0001492298-24-000008.hdr.sgml : 20240227 20240227160844 ACCESSION NUMBER: 0001492298-24-000008 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 119 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240227 DATE AS OF CHANGE: 20240227 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Sabra Health Care REIT, Inc. CENTRAL INDEX KEY: 0001492298 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 272560479 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34950 FILM NUMBER: 24686687 BUSINESS ADDRESS: STREET 1: 18500 VON KARMAN STREET 2: SUITE 550 CITY: IRVINE STATE: CA ZIP: 92612 BUSINESS PHONE: 888-393-8248 MAIL ADDRESS: STREET 1: 18500 VON KARMAN STREET 2: SUITE 550 CITY: IRVINE STATE: CA ZIP: 92612 10-K 1 sbra-20231231.htm 10-K sbra-20231231 0001492298 2023 FY false http://fasb.org/us-gaap/2023#HealthCareResidentServiceMember http://fasb.org/us-gaap/2023#HealthCareResidentServiceMember http://fasb.org/us-gaap/2023#HealthCareResidentServiceMember P5Y P3Y http://fasb.org/us-gaap/2023#OtherOperatingIncomeExpenseNet http://www.sabrahealth.com/20231231#AccountsReceivablePrepaidExpensesDeferredFinancingCostsAndOtherAssetsNet http://www.sabrahealth.com/20231231#AccountsReceivablePrepaidExpensesDeferredFinancingCostsAndOtherAssetsNet http://fasb.org/us-gaap/2023#AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent http://fasb.org/us-gaap/2023#AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent http://fasb.org/us-gaap/2023#LineOfCredit http://fasb.org/us-gaap/2023#LoansPayableToBank http://www.sabrahealth.com/20231231#AccountsReceivablePrepaidExpensesDeferredFinancingCostsAndOtherAssetsNet http://fasb.org/us-gaap/2023#LineOfCredit http://fasb.org/us-gaap/2023#LoansPayableToBank http://www.sabrahealth.com/20231231#AccountsReceivablePrepaidExpensesDeferredFinancingCostsAndOtherAssetsNet P3Y 0001492298 2023-01-01 2023-12-31 0001492298 2023-06-30 iso4217:USD 0001492298 2024-02-20 xbrli:shares 0001492298 2023-10-01 2023-12-31 0001492298 2023-12-31 0001492298 2022-12-31 iso4217:USD xbrli:shares 0001492298 2022-01-01 2022-12-31 0001492298 2021-01-01 2021-12-31 0001492298 sbra:TripleNetPortfolioMember 2023-01-01 2023-12-31 0001492298 sbra:TripleNetPortfolioMember 2022-01-01 2022-12-31 0001492298 sbra:TripleNetPortfolioMember 2021-01-01 2021-12-31 0001492298 sbra:SeniorHousingFacilitiesManagedPortfolioMember 2023-01-01 2023-12-31 0001492298 sbra:SeniorHousingFacilitiesManagedPortfolioMember 2022-01-01 2022-12-31 0001492298 sbra:SeniorHousingFacilitiesManagedPortfolioMember 2021-01-01 2021-12-31 0001492298 us-gaap:CommonStockMember 2020-12-31 0001492298 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0001492298 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2020-12-31 0001492298 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-12-31 0001492298 2020-12-31 0001492298 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2021-01-01 2021-12-31 0001492298 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-01-01 2021-12-31 0001492298 us-gaap:AdditionalPaidInCapitalMember 2021-01-01 2021-12-31 0001492298 us-gaap:CommonStockMember 2021-01-01 2021-12-31 0001492298 us-gaap:CommonStockMember 2021-12-31 0001492298 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0001492298 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2021-12-31 0001492298 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0001492298 2021-12-31 0001492298 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2022-01-01 2022-12-31 0001492298 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-01-01 2022-12-31 0001492298 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0001492298 us-gaap:CommonStockMember 2022-01-01 2022-12-31 0001492298 us-gaap:CommonStockMember 2022-12-31 0001492298 us-gaap:AdditionalPaidInCapitalMember 2022-12-