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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenue        
Resident fees $ 1,040,082 $ 955,512 $ 3,136,292 $ 2,259,339
Management fees 14,694 10,428 44,630 25,319
Reimbursed costs incurred on behalf of managed communities 184,065 117,995 543,984 294,945
Total revenue 1,238,841 1,083,935 3,724,906 2,579,603
Expense        
Facility operating expense (excluding depreciation and amortization of $148,120, $169,855, $571,059 and $296,583, respectively) 699,720 637,084 2,091,600 1,502,369
General and administrative expense (including non-cash stock-based compensation expense of $10,147, $7,869, $25,871 and $23,170, respectively) 99,534 90,020 278,609 181,693
Transaction costs 0 41,572 7,163 59,224
Facility lease expense 91,144 91,462 276,953 231,361
Depreciation and amortization 160,715 178,999 606,787 320,403
Loss on facility lease termination 0 0 76,143 0
Costs incurred on behalf of managed communities 184,065 117,995 543,984 294,945
Total operating expense 1,235,178 1,157,132 3,881,239 2,589,995
Income (loss) from operations 3,663 (73,197) (156,333) (10,392)
Interest income 399 392 1,208 998
Interest expense:        
Debt (43,972) (38,452) (130,004) (85,898)
Capital and financing lease obligations (53,217) (40,916) (159,463) (53,125)
Amortization of deferred financing costs and debt premium (discount) (616) 189 (835) (7,907)
Change in fair value of derivatives (164) (10) (790) (2,179)
Debt modification and extinguishment costs (6,736) (569) (6,780) (3,766)
Equity in (loss) earnings of unconsolidated ventures (1,578) (1,246) (766) 913
Other non-operating income 3,089 700 8,234 4,621
Loss before income taxes (99,132) (153,109) (445,529) (156,735)
Benefit for income taxes 30,796 116,073 161,677 114,105
Net loss (68,336) (37,036) (283,852) (42,630)
Net loss attributable to noncontrolling interest 116 174 634 174
Net loss attributable to Brookdale Senior Living Inc. common stockholders $ (68,220) $ (36,862) $ (283,218) $ (42,456)
Basic and diluted net loss per share attributable to Brookdale Senior Living Inc. common stockholders $ (0.37) $ (0.23) $ (1.54) $ (0.31)
Weighted average shares used in computing basic and diluted net loss per share 184,570 159,003 184,175 136,306