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Segment Information | 12 Months Ended
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Dec. 31, 2014
Segment Information [Abstract] |
Segment Information | 20. Segment Information As of December, 31, 2014 the Company has five reportable segments: Retirement Centers; Assisted Living; CCRCs – Rental; Brookdale Ancillary Services; and Management Services. Operating segments are defined as components of an enterprise that engage in business activities from which it may earn revenues and incur expenses; for which separate financial information is available; and whose operating results are regularly reviewed by the chief operating decision maker to assess the performance of the individual segment and make decisions about resources to be allocated to the segment. Prior to August 29, 2014, the Company had an additional reportable segment, CCRCs - Entry Fee. On August 29, 2014, the Company contributed all but two of its entry fee CCRCs to the CCRC Venture, at which time the contributed CCRCs were deconsolidated. The results of the entry fee CCRCs contributed to the CCRC Venture are reported in the CCRCs - Entry Fee segment for the time periods prior to being contributed to the CCRC Venture. The results of the two CCRCs that were not contributed to the CCRC Venture are included in the CCRCs - Entry Fee segment for the six month period ended June 30, 2014 and the CCRCs - Rental segment for the six month period ended December 31, 2014, based on how operating results are being reviewed by the chief operating decision maker following the creation of the CCRC Venture. The CCRC Venture is accounted for under the equity method of accounting. See Note 4 for more information about the Company's entry into the CCRC Venture. During 2014, two communities were moved from the Retirement Centers segment to the Assisted Living segment and one community was moved from the Retirement Centers segment to the CCRCs – Rental segment to more accurately reflect the underlying product offering of the communities. The movement did not change the Company's reportable segments, but it did impact the revenues and expenses reported within the Retirement Centers, Assisted Living and CCRCs - Rental segments. Revenue and expenses for the year ended December 31, 2013 have not been recast. Retirement Centers. The Company's Retirement Centers segment includes owned or leased communities that are primarily designed for middle to upper income seniors generally age 75 and older who desire an upscale residential environment providing the highest quality of service. The majority of the Company's retirement center communities consist of both independent living and assisted living units in a single community, which allows residents to "age-in-place" by providing them with a continuum of senior independent and assisted living services. Assisted Living. The Company's Assisted Living segment includes owned or leased communities that offer housing and 24-hour assistance with activities of daily life to mid-acuity frail and elderly residents. Assisted living communities include both freestanding, multi-story communities and freestanding single story communities. The Company also operates memory care communities, which are freestanding assisted living communities specially designed for residents with Alzheimer's disease and other dementias. CCRCs - Rental. The Company's CCRCs - Rental segment includes large owned or leased communities that offer a variety of living arrangements and services to accommodate all levels of physical ability and health. Most of the Company's CCRCs have independent living, assisted living and skilled nursing available on one campus or within the immediate market, and some also include memory care/Alzheimer's units. As of December 31, 2014, the CCRCs - Rental segment also includes three entry fee CCRCs. CCRCs - Entry Fee. Prior to August 29, 2014, the Company had an additional reportable segment, CCRCs - Entry Fee. The communities in the Company's former CCRCs - Entry Fee segment are similar to rental CCRCs but allow for residents in the independent living apartment units to pay a one-time upfront entrance fee, which is partially refundable in certain circumstances. The amount of the entrance fee varies depending upon the type and size of the dwelling unit, the type of contract plan selected, whether the contract contains a lifecare benefit for the resident, the amount and timing of refund, and other variables. In addition to the initial entrance fee, residents under all entrance fee agreements also pay a monthly service fee, which entitles them to the use of certain amenities and services. Since entrance fees are received upon initial occupancy, the monthly fees are generally less than fees at a comparable rental community. Brookdale Ancillary Services. The Company's Brookdale Ancillary Services segment includes the outpatient therapy, home health and hospice services provided to residents of many of the Company's communities, to other senior living communities that the Company does not own or operate and to seniors living outside of the Company's communities. The Brookdale Ancillary Services segment does not include the therapy services provided in the Company's skilled nursing units, which are included in the Company's CCRCs - Rental and CCRCs - Entry Fee segments. Management Services. The Company's Management Services segment includes communities operated by the Company pursuant to management agreements. In some of the cases, the controlling financial interest in the community is held by third parties and, in other cases, the community is owned in a venture structure in which the Company has an ownership interest. Under the management agreements for these communities, the Company receives management fees as well as reimbursed expenses, which represent the reimbursement of expenses it incurs on behalf of the owners. The accounting policies of the Company's reportable segments are the same as those described in the summary of significant accounting policies in Note 2. The following table sets forth selected segment financial and operating data (dollars in thousands):
|  | For the Years Ended December 31, |
|  | 2014 |  |  | 2013 |  |  | 2012 |
Revenue: |  |  |  |  |  |  |  |  |
Retirement Centers(1) |  | $ | 582,312 |  |  | $ | 526,284 |  |  | $ | 503,902 |
Assisted Living(1) |  |  | 1,685,563 |  |  |  | 1,051,868 |  |  |  | 1,013,337 |
CCRCs - Rental(1) |  |  | 493,173 |  |  |  | 396,975 |  |  |  | 385,479 |
CCRCs - Entry Fee(1) |  |  | 202,414 |  |  |  | 297,756 |  |  |  | 285,701 |
Brookdale Ancillary Services(1) |  |  | 337,835 |  |  |  | 242,150 |  |  |  | 224,517 |
Management Services(2) |  |  | 530,409 |  |  |  | 376,933 |  |  |  | 355,802 |
|  | $ | 3,831,706 |  |  | $ | 2,891,966 |  |  | $ | 2,768,738 |
Segment Operating Income(3): |  |  |  |  |  |  |  |  |  |  |  |
Retirement Centers |  | $ | 248,883 |  |  | $ | 222,282 |  |  | $ | 205,585 |
Assisted Living |  |  | 608,489 |  |  |  | 389,678 |  |  |  | 361,184 |
CCRCs - Rental |  |  | 121,661 |  |  |  | 109,026 |  |  |  | 106,063 |
CCRCs - Entry Fee |  |  | 48,433 |  |  |  | 76,393 |  |  |  | 61,405 |
Brookdale Ancillary Services |  |  | 63,463 |  |  |  | 45,709 |  |  |  | 47,780 |
Management Services |  |  | 42,239 |  |  |  | 31,125 |  |  |  | 30,786 |
|  |  | 1,133,168 |  |  |  | 874,213 |  |  |  | 812,803 |
General and administrative (including non-cash stock-based compensation expense) |  |  | 280,267 |  |  |  | 180,627 |  |  |  | 178,829 |
Transaction costs |  |  | 66,949 |  |  |  | 3,921 |  |  |  | — |
Facility lease expense: |  |  |  |  |  |  |  |  |  |  |  |
Retirement Centers |  |  | 98,321 |  |  |  | 91,258 |  |  |  | 102,273 |
Assisted Living |  |  | 162,575 |  |  |  | 123,980 |  |  |  | 123,128 |
CCRCs - Rental |  |  | 51,523 |  |  |  | 48,809 |  |  |  | 47,238 |
CCRCs - Entry Fee |  |  | 4,362 |  |  |  | 7,470 |  |  |  | 7,214 |
Brookdale Ancillary Services |  |  | 890 |  |  |  | — |  |  |  | — |
Corporate and Management Services |  |  | 6,159 |  |  |  | 5,212 |  |  |  | 4,172 |
Depreciation and amortization: |  |  |  |  |  |  |  |  |  |  |  |
Retirement Centers |  |  | 86,188 |  |  |  | 64,353 |  |  |  | 61,060 |
Assisted Living |  |  | 317,918 |  |  |  | 85,337 |  |  |  | 81,801 |
CCRCs - Rental |  |  | 60,175 |  |  |  | 30,957 |  |  |  | 31,205 |
CCRCs - Entry Fee |  |  | 37,524 |  |  |  | 55,842 |  |  |  | 52,840 |
Brookdale Ancillary Services |  |  | 4,764 |  |  |  | 3,023 |  |  |  | 2,220 |
Corporate and Management Services |  |  | 30,466 |  |  |  | 29,245 |  |  |  | 23,155 |
Asset impairment |  |  | 9,992 |  |  |  | 12,891 |  |  |  | 27,677 |
Loss on acquisition |  |  | — |  |  |  | — |  |  |  | 636 |
Gain on facility lease termination |  |  | — |  |  |  | — |  |  |  | (11,584 | )
(Loss) income from operations |  | $ | (84,905 | ) |  | $ | 131,288 |  |  | $ | 80,939 |
Total interest expense: |  |  |  |  |  |  |  |  |  |  |  |
Retirement Centers |  | $ | 41,906 |  |  | $ | 31,286 |  |  | $ | 29,025 |
Assisted Living |  |  | 140,001 |  |  |  | 51,410 |  |  |  | 57,634 |
CCRCs - Rental |  |  | 28,418 |  |  |  | 17,512 |  |  |  | 17,336 |
CCRCs - Entry Fee |  |  | 7,530 |  |  |  | 11,911 |  |  |  | 13,792 |
Brookdale Ancillary Services |  |  | 823 |  |  |  | — |  |  |  | — |
Corporate and Management Services |  |  | 29,510 |  |  |  | 25,280 |  |  |  | 28,996 |
|  | $ | 248,188 |  |  | $ | 137,399 |  |  | $ | 146,783 |
Total expenditures for property, plant and equipment, and leasehold intangibles: |  |  |  |  |  |  |  |  |  |  |  |
Retirement Centers |  | $ | 76,285 |  |  | $ | 63,519 |  |  | $ | 58,876 |
Assisted Living |  |  | 107,037 |  |  |  | 95,829 |  |  |  | 68,675 |
CCRCs - Rental |  |  | 42,412 |  |  |  | 27,134 |  |  |  | 21,916 |
CCRCs - Entry Fee |  |  | 36,575 |  |  |  | 43,019 |  |  |  | 24,890 |
Brookdale Ancillary Services |  |  | 1,805 |  |  |  | 1,855 |  |  |  | 6,037 |
Corporate and Management Services |  |  | 40,131 |  |  |  | 26,171 |  |  |  | 28,018 |
|  | $ | 304,245 |  |  | $ | 257,527 |  |  | $ | 208,412 |
|  | As of December 31, |
|  | 2014 |  |  | 2013 |
Total assets: |  |  |  |  |  |
Retirement Centers |  | $ | 1,603,704 |  |  | $ | 1,258,294 |
Assisted Living |  |  | 6,513,376 |  |  |  | 1,514,385 |
CCRCs - Rental |  |  | 1,065,116 |  |  |  | 499,873 |
CCRCs - Entry Fee |  |  | — |  |  |  | 960,708 |
Brookdale Ancillary Services |  |  | 224,229 |  |  |  | 94,986 |
Corporate and Management Services |  |  | 1,114,938 |  |  |  | 409,511 |
|  | $ | 10,521,363 |  |  | $ | 4,737,757 |
| (1) | All revenue is earned from external third parties in the United States.
| (2) | Management services segment revenue includes reimbursements for which the Company is the primary obligor of costs incurred on behalf of managed communities.
| (3) | Segment operating income is defined as segment revenues less segment operating expenses (excluding depreciation and amortization).

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 + Details
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