XML 28 R32.htm IDEA: XBRL DOCUMENT v3.3.0.814
Segment Information (Tables)
 9 Months Ended
Sep. 30, 2015
Segment Information [Abstract]  
Schedule of segment reporting information
The following table sets forth certain segment financial and operating data (dollars in thousands):

 
 
Three Months Ended September 30,
  
Nine Months Ended September 30,
 
 
 
2015
  
2014
  
2015
  
2014
 
Revenue
 
  
  
  
 
Retirement Centers(1)
 
$
164,415
  
$
155,227
  
$
492,310
  
$
421,017
 
Assisted Living(1)
  
608,393
   
516,640
   
1,837,575
   
1,071,301
 
CCRCs - Rental(1)
  
149,572
   
144,074
   
457,124
   
340,230
 
CCRCs - Entry Fee(1)
  
—
   
44,145
   
—
   
202,414
 
Brookdale Ancillary Services(1)
  
117,702
   
95,426
   
349,283
   
224,377
 
Management Services(2)
  
198,759
   
128,423
   
588,614
   
320,264
 
 
 
$
1,238,841
  
$
1,083,935
  
$
3,724,906
  
$
2,579,603
 
Segment operating income(3)
                
Retirement Centers
 
$
70,334
  
$
67,205
  
$
212,902
  
$
180,326
 
Assisted Living
  
211,213
   
188,154
   
658,078
   
397,392
 
CCRCs - Rental
  
41,395
   
34,492
   
115,826
   
87,015
 
CCRCs - Entry Fee
  
—
   
10,431
   
—
   
48,433
 
Brookdale Ancillary Services
  
17,420
   
18,146
   
57,886
   
43,804
 
Management Services
  
14,694
   
10,428
   
44,630
   
25,319
 
 
  
355,056
   
328,856
   
1,089,322
   
782,289
 
General and administrative (including non-cash stock-based compensation expense)
  
99,534
   
90,020
   
278,609
   
181,693
 
Transaction costs
  
—
   
41,572
   
7,163
   
59,224
 
Facility lease expense
  
91,144
   
91,462
   
276,953
   
231,361
 
Depreciation and amortization
  
160,715
   
178,999
   
606,787
   
320,403
 
Loss on facility lease termination
  
—
   
—
   
76,143
   
—
 
Income (loss) from operations
 
$
3,663
  
$
(73,197
)
 
$
(156,333
)
 
$
(10,392
)

 
 
As of
 
 
 
September 30,
2015
  
December 31,
2014
 
Total assets
 
  
 
Retirement Centers
 
$
1,609,486
  
$
1,607,792
 
Assisted Living
  
6,466,083
   
6,584,830
 
CCRCs - Rental
  
1,051,371
   
1,062,828
 
Brookdale Ancillary Services
  
295,141
   
275,618
 
Corporate and Management Services
  
852,879
   
990,295
 
Total assets
 
$
10,274,960
  
$
10,521,363
 

(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).