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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue        
Revenue $ 757,458 $ 641,654 $ 2,124,794 $ 2,114,391
Expense        
General and administrative expense (including non-cash stock-based compensation expense of $3,403, $3,568, $10,907, and $12,878, respectively) 41,331 43,812 128,209 146,155
Facility operating lease expense 41,317 43,226 124,419 131,508
Depreciation and amortization 86,922 84,560 259,229 252,042
Asset impairment 5,688 639 17,362 13,394
Total operating expense 738,252 690,509 2,193,170 2,277,331
Income (loss) from operations 19,206 (48,855) (68,376) (162,940)
Interest income 2,192 286 3,065 1,048
Interest expense:        
Debt (41,330) (35,708) (110,180) (106,484)
Financing lease obligations (11,916) (11,674) (35,968) (34,549)
Amortization of deferred financing costs (1,528) (1,884) (4,590) (5,706)
Change in fair value of derivatives 4,901 (95) 9,277 (286)
Equity in earnings (loss) of unconsolidated ventures (2,020) (1,474) (9,353) 11,941
Gain (loss) on sale of assets, net (56) 288,375 611 289,408
Other non-operating income (loss) 1,877 571 1,739 5,163
Income (loss) before income taxes (28,674) 189,542 (213,775) (2,405)
Benefit (provision) for income taxes 300 (15,279) 1,086 (15,239)
Net income (loss) (28,374) 174,263 (212,689) (17,644)
Net (income) loss attributable to noncontrolling interest 15 19 (101) 56
Net income (loss) attributable to Brookdale Senior Living Inc. common stockholders $ (28,359) $ 174,282 $ (212,790) $ (17,588)
Net income (loss) per share attributable to Brookdale Senior Living Inc. common stockholders:        
Basic (in dollars per share) $ (0.15) $ 0.94 $ (1.14) $ (0.10)
Diluted (in dollars per share) $ (0.15) $ 0.89 $ (1.14) $ (0.10)
Weighted average common shares outstanding:        
Basic (in shares) 186,790 185,317 186,493 184,841
Diluted (in shares) 186,790 196,230 186,493 184,841
Resident fees        
Revenue        
Revenue $ 650,248 $ 600,095 $ 1,927,610 $ 1,938,423
Management fees        
Revenue        
Revenue 2,967 3,621 9,625 17,185
Reimbursed costs incurred on behalf of managed communities        
Revenue        
Revenue 37,484 37,849 112,013 146,651
Expense        
Costs of services 37,484 37,849 112,013 146,651
Other operating income        
Revenue        
Revenue 66,759 89 75,546 12,132
Facility operating expense (excluding facility depreciation and amortization)        
Expense        
Costs of services $ 525,510 $ 480,423 $ 1,551,938 $ 1,587,581