Discontinued Operations

9 Months Ended

Sep. 30, 2012

Notes to Financial Statements [Abstract]

Discontinued Operations

Discontinued Operations

The results of operations of assets to be disposed of, disposed assets and the losses related to these divestitures have been classified as discontinued operations for all periods presented in the accompanying consolidated statements of comprehensive income as their operations and cash flows have been (or will be) eliminated from our ongoing operations and we will not have any significant continuing involvement in their operations after their disposal.

During the nine months ended September 30, 2012, we developed plans to dispose of eight skilled nursing centers and one assisted living center, which are classified as discontinued operations. The disposal plans for these centers involves the sale of the centers to unaffiliated third-party operators. All of these centers are located in either the Oklahoma or the Rhode Island markets. All of the centers described above were formerly part of our Inpatient Services segment, and their historical results have been reclassified to discontinued operations for all periods presented in accordance with GAAP.  As of September 30, 2012, the $4.9 million in assets held for sale for these centers consisted of (i) a net carrying amount of $3.2 million of property and equipment, (ii) $1.2 million of other non-current assets and (iii) $0.5 million of prepaid expenses and other assets.

A summary of the discontinued operations for the periods presented is as follows (in thousands):

	For the Three Months Ended
	September 30, 2012									September 30, 2011
	Inpatient Services			Other			Total			Inpatient Services			Other			Total
Net operating revenues	$	12,330		$	—		$	12,330		$	17,998		$	—		$	17,998
Loss from discontinued operations, net (1)	$	(2,690	)	$	(12	)	$	(2,702	)	$	(2,020	)	$	(11	)	$	(2,031	)

(1) Net of related tax benefit of $1,727 and $1,313, respectively

	For the Nine Months Ended
	September 30, 2012									September 30, 2011
	Inpatient Services			Other			Total			Inpatient Services			Other			Total
Net operating revenues	$	42,631		$	—		$	42,631		$	57,676		$	—		$	57,676
Loss from discontinued operations, net (1)	$	(8,283	)	$	(18	)	$	(8,301	)	$	(5,007	)	$	(29	)	$	(5,036	)

(1) Net of related tax benefit of $4,378 and $3,276, respectively