XML 29 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Current assets    
Cash and cash equivalents $ 42,113 $ 30,836
Cash and escrow deposits - restricted 44,867 45,903
Accounts receivable, net 102,568 98,697
Deferred tax asset 11,776 11,776
Prepaid expenses and other current assets, net 96,217 93,663
Total current assets 297,541 280,875
Property, plant and equipment and leasehold intangibles, net 3,793,384 3,694,064
Cash and escrow deposits - restricted 48,887 52,980
Marketable securities - restricted 33,519 31,721
Investment in unconsolidated ventures 32,216 32,798
Goodwill 109,553 109,553
Other intangible assets, net 156,884 154,136
Other assets, net 104,125 109,934
Total assets 4,576,109 4,466,061
Current liabilities    
Current portion of long-term debt 125,316 47,654
Trade accounts payable 39,230 54,134
Accrued expenses 176,542 183,634
Refundable entrance fees and deferred revenue 339,171 327,808
Tenant security deposits 7,254 7,720
Total current liabilities 687,513 620,950
Long-term debt, less current portion 2,380,926 2,350,971
Line of credit 85,000 65,000
Deferred entrance fee revenue 73,811 72,485
Deferred liabilities 157,830 161,185
Deferred tax liability 112,211 112,736
Other liabilities 41,002 42,526
Total liabilities 3,538,293 3,425,853
Stockholders' Equity    
Preferred stock, $0.01 par value, 50,000,000 shares authorized at March 31, 2012 and December 31, 2011; no shares issued and outstanding 0 0
Common stock, $0.01 par value, 200,000,000 shares authorized at March 31, 2012 and December 31, 2011; 128,914,032 and 127,782,538 shares issued and 126,485,631 and 125,354,137 shares outstanding (including 5,288,427 and 4,221,598 unvested restricted shares), respectively 1,265 1,254
Additional paid-in-capital 1,977,708 1,970,820
Treasury stock, at cost; 2,428,401 shares at March 31, 2012 and December 31, 2011 (46,800) (46,800)
Accumulated deficit (894,389) (884,051)
Accumulated other comprehensive income (loss) 32 (1,015)
Total stockholders' equity 1,037,816 1,040,208
Total liabilities and stockholders' equity $ 4,576,109 $ 4,466,061