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Consolidated and Combined Statements of Operations - USD ($)
shares in Millions, $ in Millions
1 Months Ended 11 Months Ended 12 Months Ended
Jan. 23, 2013
Dec. 31, 2013
Dec. 31, 2015
Dec. 31, 2014
Revenue $ 15.1 $ 248.4 $ 399.3 $ 330.9
Costs and expenses:        
Property operating expenses 4.8 88.4 148.7 124.5
Sales and marketing 0.7 9.9 12.1 12.8
General and administrative 1.5 26.5 46.6 34.6
Depreciation and amortization 5.3 89.9 141.5 118.0
Restructuring charges   0.7    
Transaction and acquisition integration costs 0.1 1.3 14.1 1.0
Transaction-related compensation 20.0      
Asset impairments and loss on disposal   2.8 13.5 0.0
Total costs and expenses 32.4 219.5 376.5 290.9
Operating income (loss) (17.3) 28.9 22.8 40.0
Interest expense 2.5 41.2 41.2 39.5
Other income   (0.1)    
Loss on extinguishment of debt   1.3 0.0 13.6
Net loss before income taxes (19.8) (13.5) (18.4) (13.1)
Income tax expense (0.4) (1.9) (1.8) (1.4)
Loss on sale of real estate improvements   (0.2)    
Net loss (20.2) (15.6) (20.2) (14.5)
Noncontrolling interest in net loss   (10.3) (4.8) (6.7)
Net loss attributed to common shareholders   (5.3) $ (15.4) $ (7.8)
Basic weighted average common shares outstanding (in shares)     54.3 29.2
Diluted weighted average common shares outstanding (in shares)     54.3 29.2
Loss per share - basic and diluted (in dollars per share)     $ (0.30) $ (0.30)
Successor        
Revenue   248.4 $ 399.3 $ 330.9
Costs and expenses:        
Property operating expenses   88.4 148.7 124.5
Sales and marketing   9.9 12.1 12.8
General and administrative   26.5 46.6 34.6
Depreciation and amortization   89.9 141.5 118.0
Restructuring charges   0.7 0.0 0.0
Transaction and acquisition integration costs   1.3 14.1 1.0
Transaction-related compensation   0.0 0.0 0.0
Asset impairments and loss on disposal   2.8 13.5 0.0
Total costs and expenses   219.5 376.5 290.9
Operating income (loss)   28.9 22.8 40.0
Interest expense   41.2 41.2 39.5
Other income   (0.1) 0.0 0.0
Loss on extinguishment of debt   1.3 0.0 13.6
Net loss before income taxes   (13.5) (18.4) (13.1)
Income tax expense   (1.9) (1.8) (1.4)
Loss on sale of real estate improvements   (0.2) 0.0 0.0
Net loss   (15.6) (20.2) (14.5)
Noncontrolling interest in net loss   (10.3) (4.8) (6.7)
Net loss attributed to common shareholders   $ (5.3) $ (15.4) $ (7.8)
Basic weighted average common shares outstanding (in shares)   20.9 54.3 29.2
Diluted weighted average common shares outstanding (in shares)   20.9 54.3 29.2
Loss per share - basic and diluted (in dollars per share)   $ (0.28) $ (0.30) $ (0.30)
Predecessor        
Revenue 15.1      
Costs and expenses:        
Property operating expenses 4.8      
Sales and marketing 0.7      
General and administrative 1.5      
Depreciation and amortization 5.3      
Restructuring charges 0.0      
Transaction and acquisition integration costs 0.1      
Transaction-related compensation 20.0      
Asset impairments and loss on disposal 0.0      
Total costs and expenses 32.4      
Operating income (loss) (17.3)      
Interest expense 2.5      
Other income 0.0      
Loss on extinguishment of debt 0.0      
Net loss before income taxes (19.8)      
Income tax expense (0.4)      
Loss on sale of real estate improvements 0.0      
Net loss $ (20.2)