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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Revenues:        
Total revenues $ 98,038,000 $ 74,750,000 $ 283,486,000 $ 212,395,000
Expenses:        
Operating expense 65,148,000 50,492,000 186,982,000 142,790,000
General and administrative expense 10,529,000 9,695,000 28,730,000 25,220,000
Transaction, transition and restructuring costs 6,174,000 2,098,000 7,245,000 2,962,000
Depreciation and amortization expense 14,627,000 10,729,000 41,959,000 30,731,000
Impairment of assets held for sale 4,733,000 0 4,733,000 0
Managed community reimbursement expense 12,295,000 6,648,000 34,448,000 19,134,000
Total expenses 113,506,000 79,662,000 304,097,000 220,837,000
Other income (expense):        
Interest income 394,000 853,000 1,622,000 1,379,000
Interest expense (9,910,000) (9,839,000) (28,627,000) (27,394,000)
Gain on extinguishment of debt, net 0 0 0 38,148,000
Loss from equity method investment (374,000) (146,000) (1,087,000) (181,000)
Other income (expense), net (1,902,000) (153,000) 6,611,000 (379,000)
Income (loss) before provision for income taxes (27,260,000) (14,197,000) (42,092,000) 3,131,000
Provision for income taxes (88,000) (68,000) (254,000) (193,000)
Net income (loss) (27,348,000) (14,265,000) (42,346,000) 2,938,000
Less: Net loss attributable to noncontrolling interests 437,000 507,000 1,343,000 507,000
Net income (loss) attributable to Sonida shareholders (26,911,000) (13,758,000) (41,003,000) 3,445,000
Dividends on Series A convertible preferred stock (1,410,000) (1,409,000) (4,228,000) (1,409,000)
Undeclared dividends on Series A convertible preferred stock 0 0 0 (2,707,000)
Net loss attributable to common shareholders $ (28,321,000) $ (15,167,000) $ (45,231,000) $ (671,000)
Weighted average common shares outstanding — basic (in shares) 18,103 15,456 18,081 12,787
Weighted average common shares outstanding — diluted (in shares) 18,103 15,456 18,081 12,787
Basic net loss per share - common shareholders (in USD per share) $ (1.56) $ (0.98) $ (2.50) $ (0.05)
Diluted net loss per share - common shareholders (in USD per share) $ (1.56) $ (0.98) $ (2.50) $ (0.05)
Resident revenue        
Revenues:        
Total revenues $ 84,597,000 $ 66,951,000 $ 245,697,000 $ 190,796,000
Management fees        
Revenues:        
Total revenues 1,146,000 1,151,000 3,341,000 2,465,000
Managed community reimbursement revenue        
Revenues:        
Total revenues $ 12,295,000 $ 6,648,000 $ 34,448,000 $ 19,134,000