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AdCare Health Systems, Inc. Continues To Be Profitable; Reports 2009 Second Quarter Earning Results
Date:8/14/2009

,899 Stockholders' equity: Preferred stock, no par value; 500,000 shares authorized; no shares issued or outstanding - - Common stock and additional paid-in capital, no par value; 14,500,000 shares authorized; 3,786,129 shares issued and outstanding 14,835,191 14,766,967 Accumulated deficit (10,002,617) (10,245,532) ----------- ------------ Total stockholders' equity 4,832,574 4,521,435 Noncontrolling interest in subsidiaries 294,188 269,193 ------- ------- Total equity 5,126,762 4,790,628 --------- --------- Total liabilities and stockholders' equity $26,910,467 $26,839,527 =========== =========== See notes to consolidated financial statements.

                        ADCARE HEALTH SYSTEMS, INC. AND SUBSIDIARIES
                           CONSOLIDATED STATEMENTS OF OPERATIONS
                                       (Unaudited)

                                 Three-Months Ended       Six-Months Ended
                                      June 30,                June 30,
                              ----------------------  ----------------------
                                  2009        2008        2009        2008
                              ----------  ----------  ----------  ----------
    Revenues:
      Patient care revenues   $6,162,746  $5,574,114 $12,079,581 $11,142,175
      Management, consulting
       and development
       fee
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SOURCE AdCare Health Systems, Inc.
Copyright©2009 PR Newswire.
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