Omega Healthcare Investors reported a net income of $63.1 million, or $0.27 per common share, for the quarter ended December 31, 2020. The company completed $98 million in new investments and issued $153 million of equity during the quarter. They also issued $700 million in 3.375% notes due in 2031.
Net income for the quarter was $63.1 million, or $0.27 per common share.
NAREIT Funds From Operations (FFO) was $173.3 million, or $0.73 per common share.
Adjusted Funds From Operations (AFFO) was $192.5 million, or $0.81 per common share.
Funds Available for Distribution (FAD) was $182.9 million.
Given the continued uncertainty related to the COVID-19 pandemic, its impact on the financial performance of the Company’s operators and the extent of future necessary government support to the operators, the Company will not be providing 2021 earnings guidance.
Visualization of income flow from segment revenue to net income