XML 119 R4.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenue      
Revenue $ 4,057,088 $ 4,531,426 $ 4,747,116
Expense      
General and administrative expense (including non-cash stock-based compensation expense of $23,026, $26,067 and $27,832, respectively) 219,289 259,475 278,019
Facility operating lease expense 269,666 303,294 339,721
Depreciation and amortization 379,433 447,455 482,077
Goodwill and asset impairment 49,266 489,893 409,782
Loss (gain) on facility lease termination and modification, net 3,388 162,001 14,276
Total operating expense 4,101,586 5,125,675 5,017,161
Income (loss) from operations (44,498) (594,249) (270,045)
Interest income 9,859 9,846 4,623
Interest expense:      
Debt (177,718) (188,505) (172,635)
Financing lease obligations 66,353 83,604 140,664
Amortization of deferred financing costs and debt discount (4,057) (7,757) (12,681)
Change in fair value of derivatives (213) (403) (174)
Debt modification and extinguishment costs (5,247) (11,677) (12,409)
Equity in earnings (loss) of unconsolidated ventures (4,544) (8,804) (14,827)
Gain (loss) on sale of assets, net 7,245 293,246 19,273
Other non-operating income (loss) 14,765 14,099 11,418
Income (loss) before income taxes (270,761) (577,808) (588,121)
Benefit (provision) for income taxes 2,269 49,456 16,515
Net income (loss) (268,492) (528,352) (571,606)
Net (income) loss attributable to noncontrolling interest 561 94 187
Net income (loss) attributable to Brookdale Senior Living Inc. common stockholders $ (267,931) $ (528,258) $ (571,419)
Basic and diluted net income (loss) per share attributable to Brookdale Senior Living Inc. common stockholders (in dollars per share) $ (1.44) $ (2.82) $ (3.07)
Weighted average shares used in computing basic and diluted net loss per share (in shares) 185,907 187,468 186,155
Resident fees      
Revenue      
Revenue $ 3,209,931 $ 3,449,211 $ 3,780,140
Management fees      
Revenue      
Revenue 57,108 71,986 75,845
Reimbursed costs incurred on behalf of managed communities      
Revenue      
Revenue 790,049 1,010,229 891,131
Expense      
Costs incurred 790,049 1,010,229 891,131
Facility operating expense      
Expense      
Costs incurred $ 2,390,495 $ 2,453,328 $ 2,602,155