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Pro Forma Information (unaudited)
12 Months Ended
Dec. 31, 2013
Pro Forma Information (unaudited)  
Pro Forma Information (unaudited)

Note 13. Pro Forma Information (unaudited)

During 2013, we purchased six senior living communities and six MOBs (seven buildings) for $202,824 and assumed $12,266 of mortgage debt at a weighted average interest rate of 6.25% related to certain of our 2013 acquisitions. We sold one skilled nursing facility and two rehabilitation hospitals for $92,250, recording a gain on sale of $37,392. In January 2013, we issued 11,500,000 common shares in a public offering, raising net proceeds of approximately $262,068.

During 2012, we purchased 11 senior living communities and 12 MOBs (13 buildings) for $449,657 and assumed $121,793 of mortgage debt at a weighted average interest rate of 5.84% related to certain of our 2012 acquisitions. We sold one MOB (one building) for $1,100, recording a loss on sale of $101. In July 2012, we issued 13,800,000 common shares in a public offering, raising net proceeds of approximately $287,052. In July 2012, we sold $350,000 of unsecured senior notes due 2042 at a fixed rate of 5.625% per annum.

The following table presents our pro forma results of operations as if all of these 2012 and 2013 activities were completed on January 1, 2012. This pro forma data is not necessarily indicative of what actual results of operations would have been for the periods presented, nor does it represent the results of operations for any future period. Differences could result from, but are not limited to, additional property sales or investments, changes in interest rates and changes in our equity or debt structure.

 
  For the Year Ended
December 31,
 
 
  2013   2012  

Total revenues

  $ 766,263   $ 696,806  

Net income

  $ 113,150   $ 179,804  

Per common share data:

   
 
   
 
 

Net income

  $ 0.60   $ 0.96  

During the year ended December 31, 2013, we recognized revenues of $12,306, property operating expenses of $4,057 and interest expense of $368 arising from our acquisitions completed in 2013. During the year ended December 31, 2012, we recognized revenues of $26,840, property operating expenses of $15,957 and interest expense of $2,354 arising from our acquisitions completed in 2012.