<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM AMERICAN RETIREMENT CORPORATION'S FORM 10-K FOR THE YEAR ENDED DECEMBER 31, 1999, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM 10-K. </LEGEND> <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> DEC-31-1999 <PERIOD-START> JAN-01-1999 <PERIOD-END> DEC-31-1999 <CASH> 21,881 <SECURITIES> 0 <RECEIVABLES> 12,746 <ALLOWANCES> 0 <INVENTORY> 950 <CURRENT-ASSETS> 63,185 <PP&E> 471,312 <DEPRECIATION> 39,752 <TOTAL-ASSETS> 740,411 <CURRENT-LIABILITIES> 39,595 <BONDS> 435,988 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 171 <OTHER-SE> 147,997 <TOTAL-LIABILITY-AND-EQUITY> 740,411 <SALES> 0 <TOTAL-REVENUES> 175,270 <CGS> 0 <TOTAL-COSTS> 160,211 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 23,668 <INCOME-PRETAX> 3,309 <INCOME-TAX> 1,257 <INCOME-CONTINUING> 2,052 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 2,052 <EPS-BASIC> 0.12 <EPS-DILUTED> 0.12