{"schema_version":"secwatch.filing_event.v1","accession":"0001492298-22-000013","form_type":"8-K","ticker":"SBRA","cik":"0001492298","company_name":"Sabra Health Care REIT, Inc.","filed_at":"2022-02-22T23:59:59+00:00","discovered_at":"2026-05-14T18:04:06.703179+00:00","generated_at":"2026-06-27T06:05:59.584685+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Sabra Q4 2021 net loss $0.11/diluted share; Avamere lease restructured; Canadian JV announced","bullets":["Q4 net loss of $(0.11) per diluted share; Normalized FFO $0.39; Normalized AFFO $0.37.","Avamere lease amended: annual base rent reduced ~30% to $30.7M; recapture opportunity as performance improves.","Formed 50/50 JV with Sienna to acquire 11 Canadian senior housing communities for C$307.5M (USD $243M); expected Q2 2022 close.","Skilled nursing occupancy declined sequentially due to Omicron; pro forma EBITDARM coverage 1.86x after Avamere rent cut.","Dividend of $0.30/share declared; 81% Normalized AFFO payout ratio; Net Debt/Adj. EBITDA 4.98x."],"urls":{"canonical":"https://secwatch.observer/filing/0001492298-22-000013","json":"https://secwatch.observer/filing/0001492298-22-000013.json","markdown":"https://secwatch.observer/filing/0001492298-22-000013.md","text":"https://secwatch.observer/filing/0001492298-22-000013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1492298/000149229822000013/0001492298-22-000013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1492298/000149229822000013/sbra-20220222.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T06:05:59.584685+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}