Segment Information (Tables)

12 Months Ended

Dec. 31, 2011

Segment Information [Abstract]

Segment Information

The accounting policies of the Company’s reporting segments are the same as those described in the summary of significant accounting policies. The following table sets forth certain segment financial and operating data (dollars in thousands):

	For the Years Ended December 31,
	2011		2010		2009
Revenue(1):
Retirement Centers	$	526,207	$	530,161	$	496,744
Assisted Living		1,063,155		1,023,785		925,917
CCRCs		702,395		653,727		593,688
Management Services(2)		166,161		72,862		83,925
	$	2,457,918	$	2,280,535	$	2,100,274
Segment Operating Income(3):
Retirement Centers	$	212,828	$	218,816	$	213,608
Assisted Living		367,691		361,926		324,969
CCRCs		202,667		189,001		175,495

	For the Years Ended December 31,
	2011		2010		2009
Management Services		9,517		3,914		4,703
		792,703		773,657		718,775

General and administrative (including non-cash stock-based compensation expense)(4)		144,249			130,032			132,848
Facility lease expense		274,858			270,905			272,096
Depreciation and amortization:
Retirement Centers		60,780			62,510			52,258
Assisted Living		83,275			92,914			83,144
CCRCs		86,051			86,266			80,594
Corporate and Management Services		38,400			50,651			55,939
(Gain) loss on sale of communities, net		—			(3,298	)		2,043
Asset impairment		16,892			13,075			10,073
Gain on acquisition		(1,982	)		―			―
Facility lease termination expense		—			4,608			―
Income from operations	$	90,180		$	65,994		$	29,780
Total interest income:
Retirement Centers	$	311		$	19		$	55
Assisted Living		18			17			41
CCRCs		2,298			970			870
Corporate and Management Services		911			1,232			1,388
	$	3,538		$	2,238		$	2,354
Total interest expense:
Retirement Centers	$	28,444		$	35,222		$	31,837
Assisted Living		58,453			63,591			58,855
CCRCs		35,640			38,871			33,326
Corporate and Management Services		19,641			8,038			10,591
	$	142,178		$	145,722		$	134,609
Total expenditures for property, plant and equipment, and leasehold intangibles:
Retirement Centers	$	46,344		$	23,079		$	11,949
Assisted Living		44,329			24,911			13,142
CCRCs		37,325			28,729			81,720
Corporate and Management Services		32,133			16,962			10,642
	$	160,131		$	93,681		$	117,453
	As of December 31,
		2011			2010			2009
Total assets:
Retirement Centers	$	1,061,815		$	1,132,934		$	1,109,806
Assisted Living		1,463,198			1,433,123			1,519,760
CCRCs		1,563,004			1,632,755			1,690,121
Corporate and Management Services		378,044			331,658			330,192
	$	4,466,061		$	4,530,470		$	4,649,879

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