Segment Information (Tables)

3 Months Ended

Mar. 31, 2019

Segment Reporting [Abstract]

Schedule of segment reporting information

The following table sets forth selected segment financial and operating data:

	Three Months Ended March 31,
(in thousands)	2019		2018
Revenue:
Independent Living (1)	$	135,694	$	158,397
Assisted Living and Memory Care (1)	458,526		532,280
CCRCs (1)	103,727		105,069
Health Care Services (1)	111,532		110,520
Management Services (2)	232,565		280,968
	$	1,042,044	$	1,187,234
Segment Operating Income: (3)
Independent Living	$	52,876	$	64,422
Assisted Living and Memory Care	140,699		176,538
CCRCs	21,637		24,663
Health Care Services	8,173		8,318
Management Services	15,743		18,681
	239,128		292,622
General and administrative expense (including non-cash stock-based compensation expense)	56,311		81,435
Facility operating lease expense	68,668		80,400
Depreciation and amortization	96,888		114,255
Goodwill and asset impairment	391		430,363
Loss on facility lease termination and modification, net	209		—
Income (loss) from operations	$	16,661	$	(413,831	)

	As of
(in thousands)	March 31, 2019		December 31, 2018
Total assets:
Independent Living	$	1,486,073	$	1,104,774
Assisted Living and Memory Care	4,359,760		3,684,170
CCRCs	801,120		707,819
Health Care Services	275,130		254,950
Corporate and Management Services	708,690		715,547
	$	7,630,773	$	6,467,260

(1) All revenue is earned from external third parties in the United States.

(2) Management services segment revenue includes management fees and reimbursements of costs incurred on behalf of managed communities.

(3) Segment operating income is defined as segment revenues less segment facility operating expenses (excluding depreciation and amortization) and costs incurred on behalf of managed communities.