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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenue and other operating income        
Revenue $ 807,980 $ 1,008,949 $ 2,688,028 $ 3,070,450
Expense        
General and administrative expense (including non-cash stock-based compensation expense of $6,136, $5,929, $18,212, and $18,315, respectively) 54,138 56,409 161,251 170,296
Facility operating lease expense 51,620 67,253 178,480 203,610
Depreciation and amortization 87,821 93,550 271,713 284,462
Asset impairment 8,213 2,094 96,729 6,254
Loss (gain) on facility lease termination and modification, net 0 0 0 2,006
Total operating expense 863,097 1,029,171 2,788,222 3,071,800
Income (loss) from operations (55,117) (20,222) (100,194) (1,350)
Interest income 607 2,162 4,305 8,059
Interest expense:        
Debt (36,908) (44,344) (117,645) (135,180)
Financing lease obligations (11,908) (16,567) (37,082) (49,959)
Amortization of deferred financing costs and debt discount (1,730) (1,167) (4,601) (3,132)
Gain (loss) on debt modification and extinguishment, net (7,917) (2,455) 11,107 (5,194)
Equity in earnings (loss) of unconsolidated ventures (293) (2,057) (863) (3,574)
Gain (loss) on sale of assets, net 2,209 579 374,019 2,723
Other non-operating income (loss) 948 3,763 4,598 9,950
Income (loss) before income taxes (110,109) (80,308) 133,644 (177,657)
Benefit (provision) for income taxes (14,884) 1,800 (7,560) 488
Net income (loss) (124,993) (78,508) 126,084 (177,169)
Net (income) loss attributable to noncontrolling interest 18 50 55 646
Net income (loss) attributable to Brookdale Senior Living Inc. common stockholders $ (124,975) $ (78,458) $ 126,139 $ (176,523)
Net income (loss) per share attributable to Brookdale Senior Living Inc. common stockholders:        
Basic (in dollars per share) $ (0.68) $ (0.42) $ 0.69 $ (0.95)
Diluted (in dollars per share) $ (0.68) $ (0.42) $ 0.69 $ (0.95)
Weighted average common shares outstanding:        
Basic (in shares) 183,244 185,516 183,535 186,130
Diluted (in shares) 183,244 185,516 183,668 186,130
Depreciation and amortization $ 81,854 $ 86,213 $ 253,126 $ 261,110
Non-cash stock-based compensation expense 6,136 5,929 18,212 18,315
Resident fees        
Revenue and other operating income        
Revenue 700,771 801,237 2,215,107 2,412,579
Management fees        
Revenue and other operating income        
Revenue 5,669 13,564 120,460 44,756
Reimbursed costs incurred on behalf of managed communities        
Revenue and other operating income        
Revenue 90,775 194,148 315,003 613,115
Expense        
Costs of services 90,775 194,148 315,003 613,115
Other operating income        
Revenue and other operating income        
Revenue 10,765 0 37,458 0
Facility operating expense        
Expense        
Costs of services $ 570,530 $ 615,717 $ 1,765,046 $ 1,792,057