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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenue and other operating income        
Revenue $ 865,909 $ 1,019,457 $ 1,880,048 $ 2,061,501
Expense        
General and administrative expense (including non-cash stock-based compensation expense of $6,119, $6,030, $12,076, and $12,386, respectively) 52,518 57,576 107,113 113,887
Facility operating lease expense 62,379 67,689 126,860 136,357
Depreciation and amortization 93,154 94,024 183,892 190,912
Asset impairment 10,290 3,769 88,516 4,160
Loss (gain) on facility lease termination and modification, net 0 1,797 0 2,006
Total operating expense 925,886 1,017,246 1,925,125 2,042,629
Income (loss) from operations (59,977) 2,211 (45,077) 18,872
Interest income 2,243 2,813 3,698 5,897
Interest expense:        
Debt (38,974) (45,193) (80,737) (90,836)
Financing lease obligations (11,892) (16,649) (25,174) (33,392)
Amortization of deferred financing costs and debt discount (1,556) (986) (2,871) (1,965)
Gain (loss) on debt modification and extinguishment, net (157) (2,672) 19,024 (2,739)
Equity in earnings (loss) of unconsolidated ventures 438 (991) (570) (1,517)
Gain (loss) on sale of assets, net (1,029) 2,846 371,810 2,144
Other non-operating income (loss) 988 3,199 3,650 6,187
Income (loss) before income taxes (109,916) (55,422) 243,753 (97,349)
Benefit (provision) for income taxes (8,504) (633) 7,324 (1,312)
Net income (loss) (118,420) (56,055) 251,077 (98,661)
Net (income) loss attributable to noncontrolling interest 19 585 37 596
Net income (loss) attributable to Brookdale Senior Living Inc. common stockholders $ (118,401) $ (55,470) $ 251,114 $ (98,065)
Net income (loss) per share attributable to Brookdale Senior Living Inc. common stockholders:        
Basic (in dollars per share) $ (0.65) $ (0.30) $ 1.37 $ (0.53)
Diluted (in dollars per share) $ (0.65) $ (0.30) $ 1.37 $ (0.53)
Weighted average common shares outstanding:        
Basic (in shares) 183,178 186,140 183,682 186,442
Diluted (in shares) 183,178 186,140 183,862 186,442
Resident fees        
Revenue and other operating income        
Revenue $ 731,629 $ 801,863 $ 1,514,336 $ 1,611,342
Management fees        
Revenue and other operating income        
Revenue 6,076 15,449 114,791 31,192
Reimbursed costs incurred on behalf of managed communities        
Revenue and other operating income        
Revenue 101,511 202,145 224,228 418,967
Expense        
Costs of services 101,511 202,145 224,228 418,967
Other operating income        
Revenue and other operating income        
Revenue 26,693 0 26,693 0
Facility operating expense        
Expense        
Costs of services $ 606,034 $ 590,246 $ 1,194,516 $ 1,176,340