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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]      
Revenues $ 228,397 $ 234,452 $ 233,128
Expenses:      
Residence operations (exclusive of depreciation and amortization and residence lease expense shown below) 154,194 136,659 139,689
General and administrative 19,822 13,361 15,080
Residence lease expense 13,369 17,686 19,846
Lease termination and settlement 37,430 0 0
Depreciation and amortization 24,915 23,103 22,806
Impairment of intangibles 8,650 0 0
Impairment of long-lived asset 3,500 0 0
Transaction costs 1,046 0 0
Total operating expenses 262,926 190,809 197,421
(Loss)/income from operations (34,529) 43,643 35,707
Other (expense) income:      
Gain on sale of securities 257 956 23
Other-than-temporary investments impairment 0 0 (2,026)
Interest expense:      
Debt (8,143) (7,872) (7,782)
Write-off of deferred financing fees (1,137) (279) 0
Interest income 9 12 11
(Loss)/income from operations before income taxes (43,543) 36,460 25,933
Income tax benefit/(expense) 17,418 (12,100) (9,449)
Net (loss)/income $ (26,125) $ 24,360 $ 16,484
Weighted average common shares:      
Basic (in shares) 22,970 22,955 23,080
Diluted (in shares) 22,970 23,256 23,412
Basic (loss)/earnings per common share:      
Net (loss)/income (in dollars per share) $ (1.14) $ 1.06 $ 0.71
Diluted earnings (loss) per share calculation:      
Net (loss)/income (in dollars per share) $ (1.14) $ 1.05 $ 0.70
Dividends declared and paid per share (in dollars per share) $ 0.20 $ 0.30 $ 0