Navigation Links
Brookdale Announces Fourth Quarter and Full Year 2007 Results
Date:2/27/2008

the legacy business at $197 of monthly facility operating income per occupied unit in the fourth quarter. During the year, the Company increased the units served by its home health agencies from 300 to 7,400, including the acquisition of 5 agencies in Florida.

During the year, the Company opened expansions at six communities with a total of 217 units representing $36 million of project costs. Four of the expansions achieved 95% occupancy in December and are on average yielding approximately 17% unlevered returns. The other two projects are in lease-up and achieved 60% occupancy in the fourth quarter and are performing on budget. The Company currently has twelve expansion projects under construction with approximately 400 units.

In 2007, Brookdale completed $360.9 million in mortgage financings, producing incremental proceeds of $294 million. Subsequent to the end of the quarter, Brookdale completed $83.6 million in mortgage financing, producing incremental proceeds of $29 million.

Beginning in 2008, the Company intends to modify its definition of CFFO to subtract principal amortization related to capital leases that do not have a bargain purchase option. For leases with bargain purchase options, the Company believes that the amortization related to these leases is similar to principal amortization of debt and as a result, will be excluded from the revised CFFO definition. Using the modified 2008 definition, fourth quarter reported CFFO would have been $0.27 per outstanding common share. Similarly, full year 2007 reported CFFO would have been $1.41 per outstanding common share. A table is included later in this release to reconcile CFFO results since 2006 to this modified definition.

Earnings Conference Call

Brookdale's management will conduct a conference call on Thursday, February 28, 2008 to review the financial results of its fourth quarter and full year ended December 31, 2007. The conference call is scheduled for 10:00 AM ET.
'/>"/>

SOURCE Brookdale Senior Living Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24

Related medicine news :

1. Brookdale Announces Third Quarter Common Stock Dividend of $0.50
2. Brookdale Announces Third Quarter 2007 Release and Earnings Call
3. Brookdale Announces Third Quarter 2007 Results
4. Brookdale Senior Living Announces Enhanced Web Site
5. Brookdale Announces Fourth Quarter Common Stock Dividend of $0.50
6. Brookdale Senior Living Announces Changes in Senior Management and Board of Directors
7. Brookdale Announces Fourth Quarter and Full Year 2007 Release and Earnings Call
8. HHS Announces $75 Million in Supplemental Funding to States for Pandemic Flu Preparedness
9. CRC Health Group Announces Acquisition of Bayside Marin Recovery Center, San Rafael
10. UHW Announces: Antelope Valley Hospital Caregivers and Board Vote to Ratify First Union Contract With SEIU UHW-West
11. HEI, Inc. Announces Sale of RFID Division Assets
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/27/2014)... Palm Beach, Florida (PRWEB) August 28, 2014 ... Kevin Harrington, Chairman of As Seen On TV, ... known as “The Millionaire Maker”. as Excelerate attendees will ... sharks, and will have the ability to pitch to ... of World Renowned Business Experts and Millionaire Mentors directly ...
(Date:8/27/2014)... August 28, 2014 Delta, a reliable ... added several practical Cat D7R Dozers to its ... senior spokesman has announced that all these items are ... promotion is to expand Delta’s market share in the ... to launch the special offer; he has much confidence ...
(Date:8/27/2014)... Taking its popular obstacle race to a new location ... host its largest crowd at its 3rd Annual ... YMCA Camp Thunderbird . , Hundreds of competitors ... teams. Within each division, runners will attempt to conquer extreme ... a worthy cause. All proceeds will fund scholarships for ...
(Date:8/27/2014)... 2014 Shawna's new book, released in ... Seed Digging, which a brand-new technique she created. Seed ... works to bring permanent healing quickly. , According to ... health disorders cured on a daily basis. It teaches ... and find incredible inner peace with only a few ...
(Date:8/27/2014)... Top 10 Best SEO Hosting, a well-known SEO Hosts ... announced iPage, Bluehost and GoDaddy are the most recommended suppliers ... to buy useful hosting (including VPS and cloud hosting). ... has been serving hosting small business websites since 1998. ... a leader in the hosting industry for its affordable and ...
Breaking Medicine News(10 mins):Health News:Reliable Supplier Delta Adds New Items To Its Used Bulldozer Collection 2Health News:C2 Survival Racers Go to Extremes to Provide Kids with YMCA Programs 2Health News:Shawna Burns, Counselor, Releases Debut Book, "Seed Digging," to Improve Lives of Children and Adults with Addictions and Mental Health Disorders 2Health News:Well-known SEO Hosts Review Site Top10BestSEOHosting.com Recommends iPage, Bluehost and GoDaddy To Webmasters 2
... to achieve such a ... distinction, ALBANY, ... one of the world,s leading providers of,innovative data management solutions, as the ... level of Storage System Design and Implementation authorization,offered by the global company. ...
... from Varian Medical Systems delivers faster image-guided,intensity-modulated radiotherapy (IMRT) to target ... ... tissue, PLANO, Texas, May 27 Earlier this week,Verity Radiation ... in the United States to commence treating cancer,patients with RapidArc(TM) radiotherapy ...
... Yale Universitys Christine Jacobs-Wagner has been designated an ... a non-profit medical research organization that is one ... Maxine Singer Associate Professor of Molecular, Cellular and ... who now hold the prestigious appointment. HHMI was ...
... Tobacco Day, 31 May, the,International Union Against Cancer (UICC) ... ban on all forms of,advertising, promotion and sponsorship of ... the age of 18. Almost one,fourth begin before they ... smoking, the more likely they are to become regular ...
... Shields owned his own,company for 16 years before joining the ... in the Greenwood hospital,s food and nutrition area,Shields readily admits ... he,d pick the latter., "I,ve worked in a lot ... did quite well, but it did not come close to ...
... weight during their disease: Fat and muscle mass are ... this eventually leads to fatty liver in affected patients. ... by signals emitted by the tumor itself. Despite vigorous ... these degradation signals of tumors. Therefore, a research team ...
Cached Medicine News:Health News:IPLogic Awarded With NetApp Authorized Professional Service Partners Distinction 2Health News:Verity Radiation Therapy Becomes Second U.S. Medical Center to Treat Cancer Patients Using RapidArc(TM) Radiotherapy Technology 2Health News:Verity Radiation Therapy Becomes Second U.S. Medical Center to Treat Cancer Patients Using RapidArc(TM) Radiotherapy Technology 3Health News:Verity Radiation Therapy Becomes Second U.S. Medical Center to Treat Cancer Patients Using RapidArc(TM) Radiotherapy Technology 4Health News:Jacobs-Wagner named Howard Hughes Investigator 2Health News:World No Tobacco Day: Global Organizations Join Forces To Break the Tobacco Marketing Net and Help Children Grow Up Smoke-Free 2Health News:Self Regional Healthcare One of 20 Organizations Worldwide to Bring Home Workplace Award from Gallup 2Health News:Self Regional Healthcare One of 20 Organizations Worldwide to Bring Home Workplace Award from Gallup 3Health News:A common denominator of inflammations and fatty liver 2
(Date:8/27/2014)... By now, if you haven,t heard about the ... planet. The awareness campaign has brought this devastating disease to ... over $88.5 Million (and counting) for ALS. Every day, more ... starting to as well. One such company, Acorn ... who actually works with ALS sufferers and helps to provide ...
(Date:8/27/2014)... CHICAGO , Aug. 27, 2014  Hill-Rom Holdings, ... listen to a management presentation at the Morgan Stanley ... p.m. EDT. You are invited to listen ... http://ir.hill-rom.com/events.cfm or access it directly at ... be available one hour after conclusion of the live ...
(Date:8/27/2014)... 27, 2014 North American lighting leader OSRAM ... Award for the new OSRAM ITOS ® PHASER ® ... module for microscopy, endoscopy and surgical head lamps that delivers ... efficacy and lamp life. "We,re honored to be ... most innovative new technologies of the past year," said ...
Breaking Medicine Technology:Acorn Stairlifts Gives a Lift to the ALS Ice Bucket Challenge 2OSRAM ITOS PHASER 3000 Laser and LED Light Module Recognized With Prestigious R&D 100 Award 2OSRAM ITOS PHASER 3000 Laser and LED Light Module Recognized With Prestigious R&D 100 Award 3