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Segment Information | 6 Months Ended
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Jun. 30, 2022
Segment Reporting [Abstract] |
Segment Information | 15. Segment Information As of June 30, 2022, the Company has three reportable segments: Independent Living; Assisted Living and Memory Care; and CCRCs. 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 July 1, 2021, the Company had an additional reportable segment, Health Care Services. On July 1, 2021, the Company sold 80% of its equity in its Health Care Services segment. For periods beginning July 1, 2021, the results and financial position of its Health Care Services segment were deconsolidated from the Company's consolidated financial statements and its 20% equity interest in the HCS Venture is accounted for under the equity method of accounting as of that date. Independent Living. The Company's Independent Living segment includes owned or leased communities that are primarily designed for middle to upper income seniors who desire to live in a residential setting that feels like home, without the efforts of ownership. The majority of the Company's independent living communities consist of both independent and assisted living units in a single community, which allows residents to age-in-place by providing them with a broad continuum of senior independent and assisted living services to accommodate their changing needs. Assisted Living and Memory Care. The Company's Assisted Living and Memory Care segment includes owned or leased communities that offer housing and 24-hour assistance with activities of daily living for the Company's residents. The Company's assisted living and memory care communities include both freestanding, multi-story communities, as well as smaller, freestanding, single story communities. The Company also provides memory care services at freestanding memory care communities that are specially designed for residents with Alzheimer's disease and other dementias. CCRCs. The Company's CCRCs segment includes large owned or leased communities that offer a variety of living arrangements and services to accommodate a broad spectrum of physical ability and healthcare needs. Most of the Company's CCRCs have independent living, assisted living, memory care, and skilled nursing available on one campus. All Other. All Other includes communities operated by the Company pursuant to management agreements. Under the management agreements for these communities, the Company receives management fees as well as reimbursement of expenses it incurs on behalf of the owners. Health Care Services. The Company's former Health Care Services segment included the home health, hospice, and outpatient therapy services provided to residents of many of its communities and to seniors living outside its communities. The Health Care Services segment did not include the skilled nursing and inpatient healthcare services provided in the Company's skilled nursing units, which are included in the Company's CCRCs segment. The following tables set forth selected segment financial data.
| Three Months Ended June 30, |  | Six Months Ended June 30,
(in thousands) | 2022 |  | 2021 |  | 2022 |  | 2021
Revenue and other operating income: |  |  |  |  |  |  |
Independent Living(1)(2) | $ | 126,737 |  |  | $ | 118,116 |  |  | $ | 251,143 |  |  | $ | 238,262 |
Assisted Living and Memory Care(1)(2) | 440,866 |  |  | 392,347 |  |  | 873,354 |  |  | 784,389 |
CCRCs(1)(2) | 81,196 |  |  | 76,988 |  |  | 161,652 |  |  | 150,451 |
All Other | 40,717 |  |  | 48,006 |  |  | 81,187 |  |  | 122,366 |
Health Care Services(1)(2) | — |  |  | 87,835 |  |  | — |  |  | 177,269 |
Total revenue and other operating income | $ | 689,516 |  |  | $ | 723,292 |  |  | $ | 1,367,336 |  |  | $ | 1,472,737 |
| Three Months Ended June 30, |  | Six Months Ended June 30,
(in thousands) | 2022 |  | 2021 |  | 2022 |  | 2021
Segment operating income:(3) |  |  |  |  |  |  |
Independent Living | $ | 38,709 |  |  | $ | 35,292 |  |  | $ | 76,393 |  |  | $ | 72,621 |
Assisted Living and Memory Care | 87,588 |  |  | 77,062 |  |  | 164,451 |  |  | 148,495 |
CCRCs | 8,838 |  |  | 8,673 |  |  | 18,877 |  |  | 16,281 |
All Other | 3,329 |  |  | 4,998 |  |  | 6,658 |  |  | 13,564 |
Health Care Services | — |  |  | 3,413 |  |  | — |  |  | 5,816 |
Total segment operating income | 138,464 |  |  | 129,438 |  |  | 266,379 |  |  | 256,777 |
General and administrative expense (including non-cash stock-based compensation expense) | 41,752 |  |  | 52,400 |  |  | 86,878 |  |  | 102,343 |
Facility operating lease expense | 41,538 |  |  | 43,864 |  |  | 83,102 |  |  | 88,282 |
Depreciation and amortization | 86,623 |  |  | 83,591 |  |  | 172,307 |  |  | 167,482 |
Asset impairment | 2,599 |  |  | 2,078 |  |  | 11,674 |  |  | 12,755 |
Income (loss) from operations | $ | (34,048) |  |  | $ | (52,495) |  |  | $ | (87,582) |  |  | $ | (114,085) |
| As of
(in thousands) | June 30, 2022 |  | December 31, 2021
Total assets: |  |  |
Independent Living(4) | $ | 1,310,044 |  |  | $ | 1,349,341 |
Assisted Living and Memory Care | 3,551,394 |  |  | 3,601,144 |
CCRCs | 681,846 |  |  | 693,386 |
Corporate and All Other | 625,012 |  |  | 766,596 |
Total assets | $ | 6,168,296 |  |  | $ | 6,410,467 |
(1)All revenue and other operating income is earned from external third parties in the United States. (2)Includes other operating income recognized for the credits or grants pursuant to the employee retention credit and other government sources. Allocations to the applicable segment generally reflect the credits earned by the segment, the segment's receipt and acceptance of the grant, or the segment's proportional utilization of the grant. Other operating income by segment is as follows.
| Three Months Ended June 30, |  | Six Months Ended June 30,
(in thousands) | 2022 |  | 2021 |  | 2022 |  | 2021
Other operating income: |  |  |  |  |  |  |
Independent Living | $ | 1,159 |  |  | $ | 111 |  |  | $ | 1,161 |  |  | $ | 1,475 |
Assisted Living and Memory Care | 6,412 |  |  | 629 |  |  | 6,768 |  |  | 5,733 |
CCRCs | 840 |  |  | 46 |  |  | 858 |  |  | 1,730 |
Health Care Services | — |  |  | 522 |  |  | — |  |  | 3,105 |
Total other operating income | $ | 8,411 |  |  | $ | 1,308 |  |  | $ | 8,787 |  |  | $ | 12,043 |
(3)Segment operating income is defined as segment revenues and other operating income less segment facility operating expenses (excluding facility depreciation and amortization) and costs incurred on behalf of managed communities. (4)The Company's Independent Living segment had a carrying amount of goodwill of $27.3 million as of both June 30, 2022 and December 31, 2021.

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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/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI https://asc.fasb.org/topic&trid=2134510 + Details
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