Revisions to Prior Period Financial Statements (Tables)

12 Months Ended

Dec. 31, 2013

Revisions to Prior Period Financial Statements

Schedule of effect of the revisions on each of the individual affected line items in our consolidated financial statements

	Year Ended December 31, 2012									Year Ended December 31, 2011
	As Previously Reported			Adjustments			As Revised			As Previously Reported			Adjustments			As Revised
Consolidated Statements of Operations data:
Reimbursed costs incurred on behalf of managed communities	$	126,995		$	661		$	127,656		$	20,552		$	415		$	20,967
Total revenues		1,207,145			661			1,207,806			1,060,187			415			1,060,602
Other senior living operating expenses		259,749			2,000			261,749			249,491			(944	)		248,547
Costs incurred on behalf of managed communities		126,995			661			127,656			20,552			415			20,967
General and administrative		61,777			40			61,817			57,443			97			57,540
Total operating expenses		1,182,264			2,701			1,184,965			1,043,688			(432	)		1,043,256
Operating income		24,881			(2,040	)		22,841			16,499			847			17,346
Income from continuing operations before income taxes and equity in earnings of an investee		19,412			(2,040	)		17,372			16,180			847			17,027
(Provision) benefit for income taxes		(7,904	)		806			(7,098	)		57,849			540			58,389
Income from continuing operations		11,824			(1,234	)		10,590			74,168			1,387			75,555
Net income	$	23,541		$	(1,234	)	$	22,307		$	70,787		$	1,387		$	72,174
Basic income per share from:
Continuing operations	$	0.25		$	(0.02	)	$	0.23		$	1.76		$	0.03		$	1.79
Discontinued operations		0.24			—			0.24			(0.08	)		—			(0.08	)
Net income per share—basic	$	0.49		$	(0.02	)	$	0.47		$	1.68		$	0.03		$	1.71
Diluted income per share from:
Continuing operations	$	0.25		$	(0.02	)	$	0.23		$	1.67		$	0.03		$	1.70
Discontinued operations		0.23			—			0.23			(0.08	)		—			(0.08	)
Net income per share—diluted	$	0.48		$	(0.02	)	$	0.46		$	1.59		$	0.03		$	1.62

	As of December 31, 2012
	As Previously Reported			Adjustments			As Revised
Consolidated Balance Sheet data:
Due from related persons	$	6,881		$	1,076		$	7,957
Total current assets		158,610			1,076			159,686
Long term net deferred tax assets		36,214			1,346			37,560
Total assets		592,569			2,422			594,991
Accounts payable and accrued expenses		66,045			3,603			69,648
Due to related persons		19,484			1,020			20,504
Total current liabilities		198,327			4,623			202,950
Accumulated deficit		(44,455	)		(2,201	)		(46,656	)
Total shareholders' equity		313,554			(2,201	)		311,353
Total liabilities and shareholders' equity	$	592,569		$	2,422		$	594,991