Sabra Health Care REIT Sees FY13 Adj. FFO $1.74-1.78 vs $1.66 Est

Sabra Health Care REIT, Inc. ("Sabra," the "Company" or "we") SBRA announced its outlook for the year ending December 31, 2013, and Sabra's board of directors declared a quarterly cash dividend of $0.34 per share of common stock. 2013 Outlook The Company expects FFO to range between $1.85 and $1.89 per diluted common share, AFFO to range between $1.74 and $1.78 per diluted common share and net income to range between $1.03 and $1.07 per diluted common share. The table below sets forth Sabra's 2013 full year guidance:     Low High Net income from continuing operations    $ 1.03  $ 1.07         Add:       Depreciation and amortization   0.82 0.82 FFO    $ 1.85  $ 1.89         Acquisition pursuit costs   0.04 0.04 Stock-based compensation expense   0.11 0.11 Straight-line rental income adjustments   (0.32) (0.32) Amortization of deferred financing costs   0.08 0.08 Amortization of debt premium   (0.02) (0.02) AFFO    $ 1.74  $ 1.78 The Company's guidance excludes the impact of investments that may be made during 2013. The Company does, however, expect to make investments of between $150.0 million and $200.0 million during 2013, with a significant portion closing in the latter part of the year and with a continued focus on senior housing and memory care facilities. Investments in 2013 are expected to be funded with existing cash, borrowings available under the secured revolving credit facility or the proceeds from additional issuances of common stock (through an At-the-Market common equity offering program or through other equity issuances), debt or other securities.