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Segment Reporting (Tables)
3 Months Ended
Mar. 31, 2020
Segment Reporting [Abstract]  
Schedule of segment reporting information
 
 
For the Three Months Ended March 31, 2020
 
 
Office Portfolio
 
SHOP
 
Non-Segment
 
Consolidated
Revenues:
 
 

 
 

 
 

 
 

Rental income
 
$
98,770

 
$

 
$
11,728

 
$
110,498

Residents fees and services
 

 
331,969

 

 
331,969

Total revenues
 
98,770

 
331,969

 
11,728

 
442,467

 
 
 
 
 
 
 
 
 
Expenses:
 
 

 
 

 
 

 
 

Property operating expenses
 
32,706

 
283,879

 

 
316,585

Depreciation and amortization
 
32,163

 
33,042

 
3,225

 
68,430

General and administrative
 

 

 
8,832

 
8,832

Acquisition and certain other transaction related costs
 

 

 
663

 
663

Impairment of assets
 
6,218

 
5,016

 

 
11,234

Total expenses
 
71,087

 
321,937

 
12,720

 
405,744

 
 
 
 
 
 
 
 
 
Gain on sale of properties
 
2,782

 

 

 
2,782

Losses on equity securities, net
 

 

 
(9,943
)
 
(9,943
)
Interest and other income
 

 

 
138

 
138

Interest expense
 
(6,052
)
 
(564
)
 
(35,034
)
 
(41,650
)
Gain on lease termination
 

 

 
22,896

 
22,896

Loss on early extinguishment of debt
 
(246
)
 

 

 
(246
)
Income (loss) from continuing operations before income tax expense
 
24,167

 
9,468

 
(22,935
)
 
10,700

Income tax expense
 

 

 
443

 
443

Net income (loss)
 
24,167

 
9,468

 
(22,492
)
 
11,143

Net income attributable to noncontrolling interest
 
(1,408
)
 

 

 
(1,408
)
Net income (loss) attributable to common shareholders
 
$
22,759

 
$
9,468

 
$
(22,492
)
 
$
9,735


 
 
As of March 31, 2020
 
 
Office Portfolio
 
SHOP
 
Non-Segment
 
Consolidated
Total assets
 
$
3,133,881

 
$
3,080,002

 
$
489,840

 
$
6,703,723


 
 
For the Three Months Ended March 31, 2019
 
 
Office Portfolio
 
SHOP
 
Non-Segment
 
Consolidated
Revenues:
 
 

 
 

 
 

 
 

Rental income
 
$
103,221

 
$
39,313

 
$
15,707

 
$
158,241

Residents fees and services
 

 
108,045

 

 
108,045

Total revenues
 
103,221

 
147,358

 
15,707

 
266,286

 
 
 
 
 
 
 
 
 
Expenses:
 
 

 
 

 
 

 
 

Property operating expenses
 
32,177

 
85,045

 

 
117,222

Depreciation and amortization
 
36,101

 
30,953

 
5,176

 
72,230

General and administrative
 

 

 
9,816

 
9,816

Acquisition and certain other transaction related costs
 

 

 
7,814

 
7,814

Impairment of assets
 

 
6,206

 

 
6,206

Total expenses
 
68,278

 
122,204

 
22,806

 
213,288

 
 
 
 
 
 
 
 
 
Loss on sale of properties
 
(122
)
 

 

 
(122
)
Dividend income
 

 

 
923

 
923

Gains on equity securities, net
 

 

 
22,932

 
22,932

Interest and other income
 

 

 
114

 
114

Interest expense
 
(6,030
)
 
(994
)
 
(38,587
)
 
(45,611
)
Income (loss) from continuing operations before income tax expense and equity in earnings of an investee
 
28,791

 
24,160

 
(21,717
)
 
31,234

Income tax expense
 

 

 
(134
)
 
(134
)
Equity in earnings of an investee
 

 

 
404

 
404

Net income (loss)
 
28,791

 
24,160

 
(21,447
)
 
31,504

Net income attributable to noncontrolling interest
 
(1,422
)
 

 

 
(1,422
)
Net income (loss) attributable to common shareholders
 
$
27,369

 
$
24,160

 
$
(21,447
)
 
$
30,082


 
As of December 31, 2019
 
Office Portfolio
 
SHOP
 
Non-Segment
 
Consolidated
Total assets
$
3,165,577

 
$
3,044,989

 
$
443,260

 
$
6,653,826