XML 28 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Current assets    
Cash and cash equivalents $ 50,934 $ 58,511
Cash and escrow deposits - restricted 36,279 38,191
Accounts receivable, net 103,365 104,262
Deferred tax asset 17,050 17,643
Prepaid expenses and other current assets, net 81,065 76,255
Total current assets 288,693 294,862
Property, plant and equipment and leasehold intangibles, net 3,911,338 3,895,475
Cash and escrow deposits - restricted 58,935 57,611
Investment in unconsolidated ventures 41,965 44,103
Goodwill 109,553 109,553
Other intangible assets, net 157,003 158,757
Other assets, net 183,289 177,396
Total assets 4,750,776 4,737,757
Current liabilities    
Current portion of long-term debt 64,031 201,954
Trade accounts payable 52,022 65,840
Accrued expenses 198,925 209,479
Refundable entrance fees and deferred revenue 398,060 388,400
Tenant security deposits 4,900 5,171
Total current liabilities 717,938 870,844
Long-term debt, less current portion 2,571,460 2,404,624
Line of credit 12,000 30,000
Deferred entrance fee revenue 92,025 86,862
Deferred liabilities 155,949 154,870
Deferred tax liability 81,299 81,299
Other liabilities 88,482 88,321
Total liabilities 3,719,153 3,716,820
Stockholders' Equity    
Preferred stock, $0.01 par value, 50,000,000 shares authorized at June 30, 2014 and December 31, 2013; no shares issued and outstanding 0 0
Common stock, $0.01 par value, 200,000,000 shares authorized at June 30, 2014 and December 31, 2013; 131,019,627 and 130,155,012 shares issued and 128,591,226 and 127,726,611 shares outstanding (including 3,183,184 and 3,372,937 unvested restricted shares), respectively 1,286 1,277
Additional paid-in-capital 2,041,742 2,025,471
Treasury stock, at cost; 2,428,401 shares at June 30, 2014 and December 31, 2013 (46,800) (46,800)
Accumulated deficit (964,605) (959,011)
Total stockholders' equity 1,031,623 1,020,937
Total liabilities and stockholders' equity $ 4,750,776 $ 4,737,757