Segment Information (Tables)

9 Months Ended

Sep. 30, 2020

Schedule of segment reporting information

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


	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands)	2020		2019		2020		2019
Revenue and other operating income:
Independent Living(1)(2)	$	125,858	$	136,874	$	391,998	$	408,519
Assisted Living and Memory Care(1)(2)	410,631		452,474		1,300,418		1,361,225
CCRCs(1)(2)	79,252		100,104		262,370		305,084
Health Care Services(1)(2)	95,795		111,785		297,779		337,751
Management Services(3)	96,444		207,712		435,463		657,871
Total revenue and other operating income	$	807,980	$	1,008,949	$	2,688,028	$	3,070,450
Segment operating income:(4)
Independent Living	$	42,438	$	49,414	$	134,890	$	153,749
Assisted Living and Memory Care	87,152		116,856		306,861		390,699
CCRCs	9,954		14,472		43,735		53,956
Health Care Services	1,462		4,778		2,033		22,118
Management Services	5,669		13,564		120,460		44,756
Total segment operating income	146,675		199,084		607,979		665,278
General and administrative expense (including non-cash stock-based compensation expense)	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:
Independent Living	—		—		31,317		—
Assisted Living and Memory Care	8,213		802		51,301		2,340
CCRCs	—		1,252		12,173		1,252

Corporate and Management Services	—		40		1,938		2,662
Total asset impairment	8,213		2,094		96,729		6,254
Loss (gain) on facility lease termination and modification, net	—		—		—		2,006
Income (loss) from operations	$	(55,117)	$	(20,222)	$	(100,194)	$	(1,350)


	As of
(in thousands)	September 30, 2020		December 31, 2019
Total assets:
Independent Living	$	1,434,312	$	1,441,652
Assisted Living and Memory Care	3,853,458		4,157,610
CCRCs	759,743		742,809
Health Care Services	238,621		256,715
Corporate and Management Services	721,793		595,647
Total assets	$	7,007,927	$	7,194,433

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

(2)The Independent Living, Assisted Living and Memory Care, CCRCs, and Health Care Services segments include $0.1 million, $1.9 million, $2.8 million, and $5.9 million respectively, for the three months ended September 30, 2020 and $0.1 million, $2.1 million, $12.4 million, and $22.9 million respectively, for the nine months ended September 30, 2020, of other operating income recognized for grants pursuant to the Provider Relief Fund described in Note 3 and other government sources. Allocations to the applicable segment reflect the segment's receipt and acceptance of the amounts and the Company's estimates of its satisfaction of the conditions of grant during the period.

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

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