NEW YORK (AP) _ New Senior Investment Group Inc. (SNR) on Wednesday reported a key measure of profitability in its first quarter.

The real estate investment trust, based in New York, said it had funds from operations of $9.6 million, or 11 cents per share, in the period.

Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.

The company said it had a loss of $7.6 million, or 9 cents per share.

The real estate investment trust that owns senior housing properties posted revenue of $79.7 million in the period.

The company’s shares have increased 32% since the beginning of the year. The stock has more than doubled in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SNR at https://www.zacks.com/ap/SNR