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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenue        
Revenue $ 757,291 $ 757,458 $ 2,261,346 $ 2,124,794
Expense        
General and administrative expense (including non-cash stock-based compensation expense of $2,893, $3,403, $8,966, and $10,907, respectively) 43,076 41,331 137,021 128,209
Facility operating lease expense 53,145 41,317 149,784 124,419
Depreciation and amortization 85,932 86,922 255,314 259,229
Asset impairment 9,086 5,688 9,606 17,362
Loss (gain) on sale of communities, net 0 0 (36,296) 0
Income (loss) from operations (6,338) 19,206 42,649 (68,376)
Interest income 6,323 2,192 17,764 3,065
Interest expense:        
Debt (53,413) (41,330) (155,984) (110,180)
Financing lease obligations (4,950) (11,916) (16,955) (35,968)
Amortization of deferred financing costs (1,910) (1,528) (5,749) (4,590)
Change in fair value of derivatives 861 4,901 5,130 9,277
Equity in earnings (loss) of unconsolidated ventures (1,426) (2,020) (3,156) (9,353)
Non-operating gain (loss) on sale of assets, net 0 (56) 860 611
Other non-operating income (loss) 10,166 1,877 16,512 1,739
Income (loss) before income taxes (50,687) (28,674) (98,929) (213,775)
Benefit (provision) for income taxes 1,876 300 1,029 1,086
Net income (loss) (48,811) (28,374) (97,900) (212,689)
Net (income) loss attributable to noncontrolling interest 15 15 45 (101)
Net income (loss) attributable to Brookdale Senior Living Inc. common stockholders $ (48,796) $ (28,359) $ (97,855) $ (212,790)
Basic and diluted net income (loss) per share attributable to Brookdale Senior Living Inc. common stockholders        
Basic net income (loss) per share attributable to Brookdale Senior Living Inc. common stockholders (in dollars per share) $ (0.22) $ (0.15) $ (0.43) $ (1.14)
Diluted net income (loss) per share attributable to Brookdale Senior Living Inc. common stockholders (in dollars per share) $ (0.22) $ (0.15) $ (0.43) $ (1.14)
Weighted average shares used in computing basic and diluted net income (loss) per share        
Weighted average shares used in computing basic net income (loss) per share (in shares) 225,416 186,790 225,136 186,493
Weighted average shares used in computing diluted net income (loss) per share (in shares) 225,416 186,790 225,136 186,493
Resident fees        
Revenue        
Revenue $ 717,123 $ 650,248 $ 2,140,688 $ 1,927,610
Management fees        
Revenue        
Revenue 2,566 2,967 7,653 9,625
Reimbursed costs incurred on behalf of managed communities        
Revenue        
Revenue 34,979 37,484 103,932 112,013
Expense        
Costs incurred 34,979 37,484 103,932 112,013
Other operating income        
Revenue        
Revenue 2,623 66,759 9,073 75,546
Facility operating expense        
Expense        
Costs incurred $ 537,411 $ 525,510 $ 1,599,336 $ 1,551,938