XML 59 R45.htm IDEA: XBRL DOCUMENT
v3.20.4

Segment Information (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Segment Reporting [Abstract] |
Schedule of segment reporting infomration | The following table sets forth selected segment financial data:
| For the Years Ended December 31,
(in thousands) | 2020 |  | 2019 |  | 2018
Revenue and other operating income: |  |  |  |  |
Independent Living (1)(2) | $ | 524,421 |  |  | $ | 544,558 |  |  | $ | 599,977 |
Assisted Living and Memory Care (1)(2) | 1,753,861 |  |  | 1,815,938 |  |  | 1,995,851 |
CCRCs (1)(2) | 340,337 |  |  | 402,175 |  |  | 416,408 |
Health Care Services (1)(2) | 389,697 |  |  | 447,260 |  |  | 436,975 |
Management Services (3) | 531,879 |  |  | 847,157 |  |  | 1,082,215 |
Total revenue and other operating income | $ | 3,540,195 |  |  | $ | 4,057,088 |  |  | $ | 4,531,426 |
Segment operating income:(4) |  |  |  |  |
Independent Living | $ | 182,813 |  |  | $ | 203,741 |  |  | $ | 240,609 |
Assisted Living and Memory Care | 428,601 |  |  | 518,636 |  |  | 628,982 |
CCRCs | 53,180 |  |  | 72,072 |  |  | 92,212 |
Health Care Services | 1,863 |  |  | 24,987 |  |  | 34,080 |
Management Services | 130,690 |  |  | 57,108 |  |  | 71,986 |
Total segment operating income | 797,147 |  |  | 876,544 |  |  | 1,067,869 |
General and administrative (including non-cash stock-based compensation expense) | 206,575 |  |  | 219,289 |  |  | 259,475 |
Facility operating lease expense: |  |  |  |  |
Independent Living | 60,445 |  |  | 81,680 |  |  | 93,496 |
Assisted Living and Memory Care | 137,900 |  |  | 157,823 |  |  | 178,716 |
CCRCs | 20,406 |  |  | 24,248 |  |  | 24,856 |
Corporate and Management Services | 5,282 |  |  | 5,915 |  |  | 6,226 |
Depreciation and amortization: |  |  |  |  |
Independent Living | 70,803 |  |  | 81,745 |  |  | 91,899 |
Assisted Living and Memory Care | 224,790 |  |  | 222,574 |  |  | 261,365 |
CCRCs | 38,426 |  |  | 44,163 |  |  | 53,551 |
Health Care Services | 749 |  |  | 2,247 |  |  | 3,201 |
Corporate and Management Services | 24,458 |  |  | 28,704 |  |  | 37,439 |
| For the Years Ended December 31,
(in thousands) | 2020 |  | 2019 |  | 2018
Asset impairment: |  |  |  |  |
Independent Living | 31,317 |  |  | 1,812 |  |  | 2,013 |
Assisted Living and Memory Care | 61,640 |  |  | 32,229 |  |  | 436,892 |
CCRCs | 12,413 |  |  | 4,983 |  |  | 6,669 |
Health Care Services | — |  |  | 7,578 |  |  | 9,055 |
Corporate and Management Services | 1,938 |  |  | 2,664 |  |  | 35,264 |
Loss (gain) on facility lease termination and modification, net | (2,303) |  |  | 3,388 |  |  | 162,001 |
Income (loss) from operations | $ | (97,692) |  |  | $ | (44,498) |  |  | $ | (594,249) |
Total interest expense: |  |  |  |  |
Independent Living | $ | 44,682 |  |  | $ | 46,713 |  |  | $ | 58,783 |
Assisted Living and Memory Care | 134,015 |  |  | 166,097 |  |  | 174,459 |
CCRCs | 19,928 |  |  | 27,426 |  |  | 26,746 |
Corporate and Management Services | 10,154 |  |  | 8,105 |  |  | 20,281 |
| $ | 208,779 |  |  | $ | 248,341 |  |  | $ | 280,269 |
Total capital expenditures for property, plant and equipment, and leasehold intangibles: |  |  |  |  |
Independent Living | $ | 47,889 |  |  | $ | 78,831 |  |  | $ | 51,510 |
Assisted Living and Memory Care | 90,354 |  |  | 157,845 |  |  | 125,750 |
CCRCs | 18,709 |  |  | 33,535 |  |  | 26,615 |
Health Care Services | 515 |  |  | 484 |  |  | 902 |
Corporate and Management Services | 23,638 |  |  | 24,506 |  |  | 16,033 |
| $ | 181,105 |  |  | $ | 295,201 |  |  | $ | 220,810 |
| As of December 31,
(in thousands) | 2020 |  | 2019
Total assets: |  |  |
Independent Living | $ | 1,419,838 |  |  | $ | 1,441,652 |
Assisted Living and Memory Care | 3,787,611 |  |  | 4,157,610 |
CCRCs | 738,121 |  |  | 742,809 |
Health Care Services | 233,178 |  |  | 256,715 |
Corporate and Management Services | 723,010 |  |  | 595,647 |
Total assets | $ | 6,901,758 |  |  | $ | 7,194,433 |
(1)All revenue is earned from external third parties in the United States. (2)The Independent Living, Assisted Living and Memory Care, CCRCs, and Health Care Services segments include $11.8 million, $62.6 million, $18.5 million, and $22.9 million, respectively, for the year ended December 31, 2020 of other operating income recognized for grants pursuant to the Provider Relief Fund described in Note 3 and other government sources. Allocations to the applicable segment generally reflect the segment's receipt and acceptance of the amounts or the segment's proportional utilization of the grant. (3)Management services segment revenue includes reimbursements for which the Company is the primary obligor of costs incurred on behalf of managed communities. (4)Segment operating income is defined as segment revenues less segment facility operating expenses (excluding facility depreciation and amortization) and costs incurred on behalf of managed communities.

X
- 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=120311839&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=120311839&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=121556970&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 30 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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