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Segment Information (Tables)

9 Months Ended

Sep. 30, 2019

Segment Reporting [Abstract]

Schedule of segment reporting information

The following table sets forth selected segment financial and operating data:

	Three Months Ended September 30,								Nine Months Ended September 30,
(in thousands)	2019				2018				2019				2018
Revenue:
Independent Living (1)	$	136,874			$	144,631			$	408,519			$	462,321
Assisted Living and Memory Care (1)	452,474				483,125				1,361,225				1,537,432
CCRCs (1)	100,104				104,147				305,084				314,012
Health Care Services (1)	111,785				108,276				337,751				328,649
Management Services (2)	207,712				279,883				657,871				820,082
Total revenue	$	1,008,949			$	1,120,062			$	3,070,450			$	3,462,496
Segment operating income: (3)
Independent Living	$	49,414			$	57,106			$	153,749			$	186,662
Assisted Living and Memory Care	116,856				144,701				390,699				490,976
CCRCs	14,472				21,809				53,956				70,291
Health Care Services	4,778				9,487				22,118				28,008
Management Services	13,564				18,528				44,756				54,280
Total segment operating income	199,084				251,631				665,278				830,217
General and administrative expense (including non-cash stock-based compensation expense)	56,409				58,796				170,296				203,138
Facility operating lease expense	67,253				70,392				203,610				232,752
Depreciation and amortization	93,550				110,980				284,462				341,351
Goodwill and asset impairment	2,094				5,500				6,254				451,966
Loss (gain) on facility lease termination and modification, net	—				2,337				2,006				148,804
Income (loss) from operations	$	(20,222	)		$	3,626			$	(1,350	)		$	(547,794	)

	As of
(in thousands)	September 30, 2019				December 31, 2018
Total assets:
Independent Living	$	1,461,087			$	1,104,774
Assisted Living and Memory Care	4,271,885				3,684,170
CCRCs	786,825				707,819
Health Care Services	273,943				254,950
Corporate and Management Services	580,463				715,547
Total assets	$	7,374,203			$	6,467,260

(1) All revenue is earned from external third parties in the United States.

(2) Management services segment revenue includes management fees and reimbursements of costs incurred on behalf of managed communities.

(3)

Segment operating income is defined as segment revenues less segment facility operating expense (excluding depreciation and amortization) and costs incurred on behalf of managed communities.

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599

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- References

No definition available.

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