XML 44 R28.htm IDEA: XBRL DOCUMENT
v3.25.1

Leases (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2025
Leases [Abstract] |
Schedule of Lease Costs | A summary of operating and financing lease expense (including the respective presentation on the condensed consolidated statements of operations) and net cash outflows from leases is as follows.
| Three Months Ended March 31, |  |
Operating Leases (in thousands) | 2025 |  | 2024 |  |  |  |
Facility operating expense | $ | 2,059 |  |  | $ | 1,920 |  |  |  |  |
Facility lease expense | 52,874 |  |  | 51,496 |  |  |  |  |
Operating lease expense | 54,933 |  |  | 53,416 |  |  |  |  |
Operating lease expense adjustment (1) | 3,853 |  |  | 13,089 |  |  |  |  |
Changes in operating lease assets and liabilities for lessor capital expenditure reimbursements | (2,013) |  |  | (249) |  |  |  |  |
Operating net cash outflows from operating leases | $ | 56,773 |  |  | $ | 66,256 |  |  |  |  |
(1)Represents the difference between the amount of cash operating lease payments and the amount of operating lease expense.
| Three Months Ended March 31, |  |
Financing Leases (in thousands) | 2025 |  | 2024 |  |  |  |
Depreciation and amortization | $ | 2,525 |  |  | $ | 2,872 |  |  |  |  |
Interest expense: financing lease obligations | 5,600 |  |  | 5,061 |  |  |  |  |
Financing lease expense | $ | 8,125 |  |  | $ | 7,933 |  |  |  |  |
Operating cash outflows from financing leases | $ | 5,600 |  |  | $ | 5,061 |  |  |  |  |
Financing cash outflows from financing leases | 289 |  |  | 262 |  |  |  |  |
Total net cash outflows from financing leases | $ | 5,889 |  |  | $ | 5,323 |  |  |  |  |
Schedule of Lessee, Operating Lease, Liability, Maturity | The aggregate amounts of future minimum lease payments, including community, office, and equipment leases, recognized on the condensed consolidated balance sheet as of March 31, 2025 are as follows (in millions).
Year Ending December 31, | Operating Leases |  | Financing Leases
2025 (nine months) | $ | 174.9 |  |  | $ | 5.3 |
2026 | 182.1 |  |  | 7.1 |
2027 | 185.1 |  |  | 6.3 |
2028 | 182.6 |  |  | 6.1 |
2029 | 185.1 |  |  | 6.1 |
Thereafter | 1,089.2 |  |  | 15.2 |
Total lease payments | 1,999.0 |  |  | 46.1 |
Imputed interest and variable lease payments | (741.2) |  |  | (40.4) |
Non-cash gain on future sale of property | — |  |  | 20.7 |
Total lease obligations | $ | 1,257.8 |  |  | $ | 26.4 |
Schedule of Finance Lease, Liability, Maturity | The aggregate amounts of future minimum lease payments, including community, office, and equipment leases, recognized on the condensed consolidated balance sheet as of March 31, 2025 are as follows (in millions).
Year Ending December 31, | Operating Leases |  | Financing Leases
2025 (nine months) | $ | 174.9 |  |  | $ | 5.3 |
2026 | 182.1 |  |  | 7.1 |
2027 | 185.1 |  |  | 6.3 |
2028 | 182.6 |  |  | 6.1 |
2029 | 185.1 |  |  | 6.1 |
Thereafter | 1,089.2 |  |  | 15.2 |
Total lease payments | 1,999.0 |  |  | 46.1 |
Imputed interest and variable lease payments | (741.2) |  |  | (40.4) |
Non-cash gain on future sale of property | — |  |  | 20.7 |
Total lease obligations | $ | 1,257.8 |  |  | $ | 26.4 |

X
- Definition Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
Name: | us-gaap_FinanceLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration