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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Revenue        
Revenue $ 1,008,949 $ 1,120,062 $ 3,070,450 $ 3,462,496
Expense        
General and administrative expense (including non-cash stock-based compensation expense of $5,929, $6,035, $18,315, and $20,710, respectively) 56,409 58,796 170,296 203,138
Facility operating lease expense 67,253 70,392 203,610 232,752
Depreciation and amortization 93,550 110,980 284,462 341,351
Goodwill and asset impairment 2,094 5,500 6,254 451,966
Loss (gain) on facility lease termination and modification, net 0 2,337 2,006 148,804
Total operating expense 1,029,171 1,116,436 3,071,800 4,010,290
Income (loss) from operations (20,222) 3,626 (1,350) (547,794)
Interest income 2,162 1,654 8,059 7,578
Interest expense:        
Debt (44,344) (46,891) (135,180) (141,585)
Financing lease obligations (16,567) (20,896) (49,959) (66,216)
Amortization of deferred financing costs and debt discount (1,130) (829) (2,920) (7,113)
Change in fair value of derivatives (37) (10) (212) (153)
Debt modification and extinguishment costs (2,455) (33) (5,194) (77)
Equity in earnings (loss) of unconsolidated ventures (2,057) (1,340) (3,574) (6,907)
Gain (loss) on sale of assets, net 579 9,833 2,723 76,586
Other non-operating income (loss) 3,763 (17) 9,950 8,074
Income (loss) before income taxes (80,308) (54,903) (177,657) (677,607)
Benefit (provision) for income taxes 1,800 17,763 488 17,724
Net income (loss) (78,508) (37,140) (177,169) (659,883)
Net (income) loss attributable to noncontrolling interest 50 19 646 86
Net income (loss) attributable to Brookdale Senior Living Inc. common stockholders $ (78,458) $ (37,121) $ (176,523) $ (659,797)
Basic and diluted net income (loss) per share attributable to Brookdale Senior Living Inc. common stockholders (in dollars per share) $ (0.42) $ (0.20) $ (0.95) $ (3.52)
Weighted average shares used in computing basic and diluted net income (loss) per share (in shares) 185,516 187,675 186,130 187,383
Resident fees        
Revenue        
Revenue $ 801,237 $ 840,179 $ 2,412,579 $ 2,642,414
Management fees        
Revenue        
Revenue 13,564 18,528 44,756 54,280
Reimbursed costs incurred on behalf of managed communities        
Revenue        
Revenue 194,148 261,355 613,115 765,802
Expense        
Costs of services 194,148 261,355 613,115 765,802
Facility operating expense        
Expense        
Costs of services $ 615,717 $ 607,076 $ 1,792,057 $ 1,866,477