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Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues:        
Total revenues $ 57,924 $ 96,053 $ 177,114 $ 303,659
Expenses:        
Operating expenses (exclusive of facility lease expense and depreciation and amortization expense shown below) 40,668 65,165 114,994 211,874
General and administrative expenses 6,887 8,128 22,913 21,036
Facility lease expense 0 5,926 0 23,234
Stock-based compensation expense 586 421 1,269 1,494
Depreciation and amortization expense 9,503 15,547 27,811 47,584
Long-lived asset impairment 0 3,240 0 39,194
Community reimbursement expense 7,927 9,555 33,317 11,888
Total expenses 65,571 107,982 200,304 356,304
Other income (expense):        
Interest income 0 14 5 83
Interest expense (9,701) (11,141) (28,574) (34,044)
Gain on facility lease modification and termination, net 0 (753) 0 10,487
Gain on extinguishment of debt 54,080 0 168,292 0
Loss on disposition of assets, net (15) (191,032) (436) (198,388)
Other income 0 9 8,703 2
Income (loss) from continuing operations before provision for income taxes 36,717 (214,832) 124,800 (274,505)
Provision for income taxes (207) (132) (368) (393)
Net income (loss) $ 36,510 $ (214,964) $ 124,432 $ (274,898)
Per share data:        
Basic net income (loss) per share (in USD per share) [1] $ 17.71 $ (104.91) $ 60.37 $ (134.82)
Diluted net income (loss) per share (in USD per share) [1] $ 17.48 $ (104.91) $ 59.59 $ (134.82)
Weighted average shares outstanding — basic (in shares) [1] 2,062 2,049 2,061 2,039
Weighted average shares outstanding — diluted (in shares) [1] 2,089 2,049 2,088 2,039
Comprehensive income (loss) $ 36,510 $ (214,964) $ 124,432 $ (274,898)
Resident revenue        
Revenues:        
Total revenues 48,968 85,894 140,819 290,952
Management fees        
Revenues:        
Total revenues 1,029 604 2,978 819
Community reimbursement revenue        
Revenues:        
Total revenues $ 7,927 $ 9,555 $ 33,317 $ 11,888
[1] Prior period results and share amounts have been adjusted to reflect the fifteen-for-one Reverse Stock Split. See Note 9 - Equity.