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Brookdale Announces Fourth Quarter and Full Year 2008 Results
Date:3/1/2009

23.3% Managed 22 4,349 0.3% 0.9% -- ----- --- --- Total 548 51,804 100.0% 100.0% === ====== ===== ===== Our capital expenditures for the three and twelve months ended December 31, 2008 and 2007 were as follows (in thousands): Three Months Twelve Months Ended Ended December 31, December 31, --------------- ------------- 2008 2007 2008 2007 ---- ---- ---- ---- Type ---- Recurring $7,984 $6,303 $30,088 $27,404 Reimbursements (288) (742) (2,776) (2,356) ---- ---- ------ ------ Net Recurring 7,696 5,561 27,312 25,048 Corporate(1) 1,227 2,471 10,049 13,907 EBITDA-enhancing(2) 10,032 12,156 43,438 57,435 Development(3) 35,605 35,069 105,453 70,810 Reimbursements(4) (38,794) (2,435) (65,584) (8,259) ------- ------ ------- ------ Net Development (3,189) 32,634 39,869 62,551 ------ ------ ------ ------ Net Total Capital Expenditures $15,766 $52,822 $120,668 $158,941 ======= ======= ======== ======== (1) Corporate primarily includes capital expenditures for information
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SOURCE Brookdale Senior Living Inc.
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