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Brookdale Announces First Quarter 2009 Results; CFFO of $0.49 per Share
Date:5/6/2009

n-cash stock-based compensation 6,809 8,010 Changes in operating assets and liabilities: Accounts receivable, net (3,118) (6,392) Prepaid expenses and other assets, net (1,887) 3,179 Accounts payable and accrued expenses 4,966 (5,083) Tenant refundable fees and security deposits (370) 1,184 Deferred revenue 15,057 3,081 Other (2,715) (664) ------- ------- Net cash provided by operating activities 68,757 40,629 ------- ------- Cash Flows from Investing Activities Decrease in lease security deposits and lease acquisition deposits, net 1,480 1,763 Increase in cash and escrow deposits - restricted (57,897) (20,663) Additions to property, plant, and equipment and leasehold intangibles, net of related payables (33,491) (46,213) Acquisition of assets, net of related payables and cash received - (745) (Issuance of) payment on notes receivable, net (36) 10,112 Investment in unconsolidated ventures (1,106) (356) Distributions received from unconsolidated ventures 525 - Proceeds from sale leaseback transaction 9,166 - Proceeds from sale of unconsolidated venture 8,843 -
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SOURCE Brookdale Senior Living Inc.
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