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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenues:      
Senior living revenue $ 1,077,062 $ 1,074,333 $ 1,038,737
Management fee revenue 9,234 5,817 898
Reimbursed costs incurred on behalf of managed communities 210,491 127,656 20,967
Total revenues 1,296,787 1,207,806 1,060,602
Operating expenses:      
Senior living wages and benefits 525,733 522,444 510,012
Other senior living operating expenses 265,764 261,749 248,547
Costs incurred on behalf of managed communities 210,491 127,656 20,967
Rent expense 193,820 190,184 183,950
General and administrative 63,509 61,817 57,540
Depreciation and amortization 27,022 24,480 19,160
Impairment of long-lived assets 186   3,080
Gain on settlement   (3,365)  
Total operating expenses 1,286,525 1,184,965 1,043,256
Operating income 10,262 22,841 17,346
Interest, dividend and other income 781 881 1,240
Interest and other expense (5,227) (6,268) (3,917)
Acquisition related costs (181) (108) (1,759)
(Loss) gain on early extinguishment of debt (599) 45 1
(Loss) gain on sale of available for sale securities reclassified from other comprehensive income (5) (19) 4,116
Income from continuing operations before income taxes and equity in earnings of an investee 5,031 17,372 17,027
Benefit (provision) for income taxes (1,916) (7,098) 58,389
Equity in earnings of an investee 334 316 139
Income from continuing operations 3,449 10,590 75,555
(Loss) income from discontinued operations (5,789) 11,717 (3,381)
Net (loss) income $ (2,340) $ 22,307 $ 72,174
Weighted average shares outstanding - basic (in shares) 48,277 47,952 42,161
Weighted average shares outstanding - diluted (in shares) 49,263 50,134 45,034
Basic (loss) income per share from:      
Continuing operations (in dollars per share) $ 0.07 $ 0.23 $ 1.79
Discontinued operations (in dollars per share) $ (0.12) $ 0.24 $ (0.08)
Net (loss) income per share - basic (in dollars per share) $ (0.05) $ 0.47 $ 1.71
Diluted (loss) income per share from:      
Continuing operations (in dollars per share) $ 0.07 $ 0.23 $ 1.70
Discontinued operations (in dollars per share) $ (0.12) $ 0.23 $ (0.08)
Net (loss) income per share - diluted (in dollars per share) $ (0.05) $ 0.46 $ 1.62