Fourth Quarter 2007 And Full Year 2007 Highlights - Revenue for the fourth quarter was $469.5 million, up 8.6% from the fourth quarter of 2006. Revenue for the full year was $1.8 billion, a 40%
increase from $1.3 billion for full year 2006. - Average occupancy for the fourth quarter was 90.6% and for the full year
was 90.7%, up from 90.4% for the full year of 2006. - Same store Facility Operating Income for the fourth quarter grew 8.9% over the fourth quarter of 2006 and for the full year same store Facility Operating Income grew 9.0%, in both cases, excluding integration-related accounting items and including the effect of the historical results of
American Retirement's ("ARC") facilities for both periods. - Cash From Facility Operations for the quarter was $28.7 million, or $0.28 per outstanding common share, and was $0.43 per outstanding common share,
excluding integration and acquisition costs and charges relating to
integration-related accounting items. - Fourth quarter net loss of $(49.2) million, or $(0.49) per diluted common share, including non-cash expenses of $66.9 million for depreciation and
amortization, non-cash compensation expense and straight-line lease
expense, net of deferred gain amortization.
CHICAGO, Feb. 27 /PRNewswire-FirstCall/ -- Brookdale Senior Living Inc.
(NYSE: BKD) (the "Company") today reported financial results for the fourth
quarter of 2007. Net loss for the quarter and twelve months ended December
31, 2007 was $(49.2) million and $(162.0) million, respectively, or $(0.49)
and $(1.60) per diluted common share. The losses include non-cash items for
depreciation and amortization, non-
|SOURCE Brookdale Senior Living Inc.|
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