XML 18 R4.htm IDEA: XBRL DOCUMENT v3.4.0.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenue    
Resident fees $ 1,061,148 $ 1,052,232
Management fees 16,780 15,097
Reimbursed costs incurred on behalf of managed communities 185,228 180,552
Total revenue 1,263,156 1,247,881
Expense    
Facility operating expense (excluding depreciation and amortization of $114,103 and $208,823, respectively) 715,902 696,889
General and administrative expense (including non-cash stock-based compensation expense of $9,769 and $8,873, respectively) 92,621 89,530
Transaction costs 850 6,742
Facility lease expense 96,689 94,471
Depreciation and amortization 127,137 220,427
Asset impairment 3,375 0
Loss on facility lease termination 0 76,143
Costs incurred on behalf of managed communities 185,228 180,552
Total operating expense 1,221,802 1,364,754
Income (loss) from operations 41,354 (116,873)
Interest income 702 427
Interest expense:    
Debt (43,990) (42,348)
Capital and financing lease obligations (50,579) (53,203)
Amortization of deferred financing costs and debt premium (discount) (2,310) (381)
Change in fair value of derivatives (24) (550)
Debt modification and extinguishment costs (1,110) (44)
Equity in earnings of unconsolidated ventures 1,018 1,484
Other non-operating income 7,787 2,491
Income (loss) before income taxes (47,152) (208,997)
Benefit for income taxes (1,665) 78,288
Net income (loss) (48,817) (130,709)
Net (income) loss attributable to noncontrolling interest 42 258
Net income (loss) attributable to Brookdale Senior Living Inc. common stockholders $ (48,775) $ (130,451)
Basic and diluted net loss per share attributable to Brookdale Senior Living Inc. common stockholders $ (0.26) $ (0.71)
Weighted average shares used in computing basic and diluted net loss per share 185,153 183,678