Brookdale Announces Third Quarter 20... (September 30 September 30 ...)

Brookdale Announces Third Quarter 2007 Results

Date:11/7/2007

September 30, September 30,

2007(1) 2006(1) 2007(1) 2006(1)

Net loss $(58,927) $(31,145) $(112,742) $(70,730)

Minority interest 5 89 (506) 438

Benefit for income taxes (35,125) (14,146) (68,408) (13,487)

Equity in loss of unconsolidated

ventures 309 1,649 2,362 2,286

Loss on extinguishment of debt - 1,414 803 2,748

Other non-operating income - - (238) -

Interest Expense:

Debt 31,290 21,201 84,482 51,694

Capitalized lease obligation 7,182 8,086 22,520 16,827

Amortization of deferred

financing costs 1,151 1,141 4,878 3,179

Change in fair value of

derivatives and amortization 43,731 1,840 30,893 1,422

Interest income (1,695) (2,032) (5,077) (3,709)

Loss from operations (12,079) (11,903) (41,033) (9,332)

Depreciation and amortization 79,235 60,883 234,690 114,129

Straight-line lease expense 6,451 6,124 18,815 16,622

Amortization of deferred gain (1,085) (1,086) (3,255) (3,259)

Amortization of entrance fees (5,322) (3,253) (14,222) (3,398)

Non-cash compensation expense 7,138 5,852 26,150 12,625

Entrance fee receipts(2) 14,369 7,860 31,333 11,229

Entrance fee disbursements (5,084) (3,529) (15,488) (4,540)

Adjusted EBITDA $83,623 $60,948 $236,990 $134,076

(1) The calculation of Adjusted EBITDA includes merger, integration, and

certain other non-recurring expenses, as w
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Brookdale Announces Third Quarter 20...(September 30 September 30 ...),Health