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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 265,204 $ 279,122
Marketable securities 4,939 0
Restricted cash 31,075 33,227
Accounts receivable, net 64,359 67,680
Assets held for sale 75,221 77,206
Prepaid expenses and other current assets, net 111,750 96,705
Total current assets 552,548 553,940
Property, plant and equipment and leasehold intangibles, net 4,230,837 4,272,697
Operating lease right-of-use assets 1,012,792 1,032,140
Restricted cash 37,374 30,659
Goodwill 27,321 27,321
Other assets, net 36,940 35,486
Total assets 5,897,812 5,952,243
Current liabilities    
Current portion of long-term debt 82,616 77,492
Current portion of financing lease obligations 1,133 1,211
Current portion of operating lease obligations 76,833 74,522
Trade accounts payable 84,333 75,099
Accrued expenses 223,880 273,394
Refundable fees and deferred revenue 65,774 66,207
Total current liabilities 534,569 567,925
Long-term debt, less current portion 4,224,369 4,215,005
Financing lease obligations, less current portion 24,134 24,353
Operating lease obligations, less current portion 1,105,690 1,123,539
Deferred tax liability 5,332 6,316
Other liabilities 58,289 58,482
Total liabilities 5,952,383 5,995,620
Preferred stock, $0.01 par value, 50,000,000 shares authorized at March 31, 2026 and December 31, 2025; no shares issued and outstanding 0 0
Common stock, $0.01 par value, 400,000,000 shares authorized at March 31, 2026 and December 31, 2025; 249,316,153 and 248,274,011 shares issued and 238,788,628 and 237,746,486 shares outstanding as of March 31, 2026 and December 31, 2025, respectively (including 28,929 unvested restricted shares as of March 31, 2026 and December 31, 2025) 2,493 2,483
Additional paid-in-capital 4,353,777 4,358,077
Treasury stock, at cost; 10,527,525 shares at March 31, 2026 and December 31, 2025 (102,774) (102,774)
Accumulated deficit (4,309,431) (4,302,539)
Total Brookdale Senior Living Inc. stockholders' equity (deficit) (55,935) (44,753)
Noncontrolling interest 1,364 1,376
Total equity (deficit) (54,571) (43,377)
Total liabilities and equity (deficit) $ 5,897,812 $ 5,952,243