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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash Flows from Operating Activities      
Net income (loss) $ (528,352) $ (571,606) $ (404,636)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Debt modification and extinguishment costs 11,677 12,409 9,170
Depreciation and amortization, net 455,212 494,758 529,802
Goodwill and asset impairment 489,893 409,782 248,515
Equity in loss (earnings) of unconsolidated ventures 8,804 14,827 (1,660)
Distributions from unconsolidated ventures from cumulative share of net earnings 2,896 8,258 23,544
Amortization of deferred gain (4,358) (4,366) (4,372)
Amortization of entrance fees (1,670) (2,901) (4,195)
Proceeds from deferred entrance fee revenue 3,218 5,712 13,980
Deferred income tax (benefit) provision (52,367) (15,309) 3,248
Straight-line lease (income) expense (17,218) (20,990) (6,097)
Change in fair value of derivatives 403 174 178
Gain on sale of assets, net (293,246) (19,273) (7,218)
Loss on facility lease termination and modification, net 140,957 14,276 0
Non-cash stock-based compensation expense 26,067 27,832 32,285
Non-cash interest expense on financing lease obligations 10,894 17,744 26,496
Non-cash management contract termination gain (8,724) 0 0
Other (1,292) (8,819) (9,137)
Changes in operating assets and liabilities:      
Accounts receivable, net (4,964) 12,747 1,581
Prepaid expenses and other assets, net 26,762 21,970 2,954
Trade accounts payable and accrued expenses (60,503) (4,527) (83,248)
Tenant refundable fees and security deposits (1,046) (422) (839)
Deferred revenue 918 (13,917) 3,300
Net cash provided by operating activities 203,961 378,359 373,651
Cash Flows from Investing Activities      
Change in lease security deposits and lease acquisition deposits, net 1,163 (2,113) (2,225)
Purchase of marketable securities (14,823) (341,187) 0
Sale of marketable securities 293,273 50,000 0
Additions to property, plant and equipment and leasehold intangibles, net (225,473) (213,887) (333,647)
Acquisition of assets, net of related payables and cash received (271,771) (5,196) (12,157)
Investment in unconsolidated ventures (9,124) (199,017) (13,377)
Distributions received from unconsolidated ventures 12,850 29,035 218,973
Proceeds from sale of assets, net 499,807 70,507 297,932
Property insurance proceeds 1,292 8,550 9,137
Other 1,580 975 7,162
Net cash provided by (used in) investing activities 288,774 (602,333) 171,798
Cash Flows from Financing Activities      
Proceeds from debt 606,921 1,307,205 387,348
Repayment of debt and capital and financing lease obligations (896,744) (1,054,161) (469,309)
Proceeds from line of credit 200,000 100,000 1,276,500
Repayment of line of credit (200,000) (100,000) (1,586,500)
Purchase of treasury stock (4,256) 0 (9,640)
Payment of financing costs, net of related payables (16,317) (17,269) (10,857)
Proceeds from refundable entrance fees, net of refunds (422) (2,179) (901)
Payments for lease termination (12,548) (552) (9,250)
Payments of employee taxes for withheld shares (3,061) (5,889) (1,640)
Other 1,364 2,043 2,141
Net cash (used in) provided by financing activities (325,063) 229,198 (422,108)
Net increase in cash, cash equivalents and restricted cash 167,672 5,224 123,341
Cash, cash equivalents and restricted cash at beginning of year 282,546 277,322 153,981
Cash, cash equivalents and restricted cash at end of year $ 450,218 $ 282,546 $ 277,322