Segment Information (Tables)

3 Months Ended

Mar. 31, 2023

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

The following tables set forth selected segment financial data.

	Three Months Ended March 31,
(in thousands)	2023		2022
Revenue and other operating income:
Independent Living(1)	$	140,656	$	124,406
Assisted Living and Memory Care(1)	488,804		432,488
CCRCs(1)	86,272		80,456
All Other	37,531		40,470
Total revenue and other operating income	$	753,263	$	677,820
	Three Months Ended March 31,
(in thousands)	2022		2021
Segment operating income:(2)
Independent Living	$	46,833	$	37,684
Assisted Living and Memory Care	124,593		76,863
CCRCs	13,499		10,039
All Other	2,577		3,329
Total segment operating income	187,502		127,915
General and administrative expense (including non-cash stock-based compensation expense)	48,619		45,126
Facility operating lease expense	46,127		41,564
Depreciation and amortization	84,934		85,684
Asset impairment	—		9,075
Income (loss) from operations	$	7,822	$	(53,534)

	As of
(in thousands)	March 31, 2023		December 31, 2022
Total assets:
Independent Living(3)	$	1,253,570	$	1,267,825
Assisted Living and Memory Care	3,288,702		3,329,516
CCRCs	666,102		664,502
Corporate and All Other	677,485		675,219
Total assets	$	5,885,859	$	5,937,062

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

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.(3)The Company's Independent Living segment had a carrying amount of goodwill of $27.3 million as of both March 31, 2023 and December 31, 2022.