Revenue |
Resident fees |
Management fees |
15.53M |
Reimbursed costs incurred on behalf of managed communities |
Total revenue |
1.25B |
Expense |
Facility operating expense (excluding depreciation and amortization of $49,913, $52,174, $100,978 and $104,207, respectively) |
General and administrative expense (including non-cash stock-based compensation expense of $4,555, $5,105, $9,095 and $9,976, respectively) |
63.43M |
Facility lease expense |
92.52M |
Depreciation and amortization |
130.78M |
Asset impairment |
19.11M |
Costs incurred on behalf of managed communities |
Total operating expense |
1.2B |
Income from operations |
47.65M |
Interest income |
809K |
Interest expense: |
Debt |
Amortization of deferred financing costs and debt discount |
Change in fair value of derivatives and amortization |
0 |
Loss on extinguishment of debt, net |
-1.94M |
Equity in earnings of unconsolidated ventures |
-878K |
Other non-operating (expense) income |
3.28M |
Loss before income taxes |
(Provision) benefit for income taxes |
Net loss |
-51.69M |
Basic and diluted net loss per share |
-0.28 |
Weighted average shares used in computing basic and diluted net loss per share |