Investor Presentaiton
CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS
(in thousands) (unaudited)
Appendix
Three Months Ended
December 31,
2021
December 31,
2020
Revenues
Lifestyle services
Residential
Residential management fees
15,626
20,256
14,883
17,903
9,482
14,822
Total management and operating revenues
39,991
52,981
Reimbursed community-level costs incurred on behalf of managed communities
137,195
226,264
Other reimbursed expenses
3,855
6,645
Total revenues
181,041
285,890
Other operating income
Operating expenses
1,936
Lifestyle services expenses
13,908
16,492
Residential wages and benefits
8,514
11,186
Other residential operating expenses
7,893
7,870
Community-level costs incurred on behalf of managed communities
137,195
226,264
General and administrative
18,762
20,784
Restructuring expenses
2,337
Depreciation and amortization
2,961
36
2,913
Total operating expenses
191,570
285,545
Other income (expense)
9
314
Income (loss) before income taxes and equity in losses of an investee
(10,520)
2,595
(Provision) benefit for income taxes
(40)
308
Equity in losses of an investee
(177)
Net (loss) income
$
(10,737) $
2,903
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