XML 43 R14.htm IDEA: XBRL DOCUMENT
v3.19.3

Goodwill and Other Intangible Assets, Net | 9 Months Ended
--- | ---
Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Other Intangible Assets, Net | Goodwill and Other Intangible Assets, Net The Company's Independent Living and Health Care Services segments had a carrying value of goodwill of $27.3 million and $126.8 million, respectively, as of both September 30, 2019 and December 31, 2018. Goodwill is tested for impairment annually with a test date of October 1 and sooner if indicators of impairment are present. The Company determined no impairment was necessary for the three and nine months ended September 30, 2019. Factors the Company considers important in its analysis, which could trigger an impairment of such assets, include significant underperformance relative to historical or projected future operating results, significant negative industry or economic trends, a significant decline in the Company's stock price for a sustained period and a decline in its market capitalization below net book value. A change in anticipated operating results or the other metrics indicated above could necessitate further analysis of potential impairment at an interval prior to the Company's annual measurement date. Refer to Note 5 for information on impairment expense for goodwill in 2018. Other intangible assets as of September 30, 2019 and December 31, 2018 are summarized in the following tables:
| September 30, 2019
(in thousands) | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Health care licenses | $ | 42,776 |  |  | $ | — |  |  | $ | 42,776 |
Trade names | 27,800 |  |  | (27,800 | ) |  | — |
Total | $ | 70,576 |  |  | $ | (27,800 | ) |  | $ | 42,776 |
| December 31, 2018
(in thousands) | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Community purchase options | $ | 4,738 |  |  | $ | — |  |  | $ | 4,738 |
Health care licenses | 42,323 |  |  | — |  |  | 42,323 |
Trade names | 27,800 |  |  | (26,295 | ) |  | 1,505 |
Management contracts | 9,610 |  |  | (6,704 | ) |  | 2,906 |
Total | $ | 84,471 |  |  | $ | (32,999 | ) |  | $ | 51,472 |
Amortization expense related to definite-lived intangible assets for the three months ended September 30, 2019 and 2018 was $0.2 million and $0.6 million, respectively, and for the nine months ended September 30, 2019 and 2018 was $1.8 million and $2.3 million, respectively. The Company recognized $2.6 million of non-cash impairment charges on management contract intangible assets during the nine months ended September 30, 2019 for the termination of management contracts.

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration