Quarterly report pursuant to Section 13 or 15(d)

Subsequent Events

v3.19.1
Subsequent Events
3 Months Ended
Mar. 31, 2019
Subsequent Events [Abstract]  
Subsequent Events [Text Block]
Note 11 – Subsequent Events
 
On April 15, 2019, the Company closed on the acquisition of four inpatient rehabilitation facilities for an aggregate purchase price of $94 million.
 
On April 15, 2019, the Company exercised $75 million of the $150 million accordion feature of its Credit Facility. The partial exercise of the accordion feature increases the term loan component of the Credit Facility from $100 million to $175 million and the total borrowing capacity under the Credit Facility to $425 million.