	For the Three Months Ended June 30, 2013
	Triple Net Senior Living Communities			Managed Senior Living Communities			MOBs			All Other Operations			Consolidated

Revenues:
Rental income	$	56,957		$	—		$	50,899		$	4,441		$	112,297
Residents fees and services	—			74,631			—			—			74,631
Total revenues	56,957			74,631			50,899			4,441			186,928

Expenses:
Property operating expenses	—			58,231			16,253			—			74,484
Depreciation	17,019			7,028			13,301			948			38,296
General and administrative	—			—			—			8,168			8,168
Acquisition related costs	—			—			—			292			292
Impairment of assets	4,371			—			—			—			4,371
Total expenses	21,390			65,259			29,554			9,408			125,611

Operating income (loss)	35,567			9,372			21,345			(4,967		)	61,317

Interest and other income	—			—			—			397			397
Interest expense	(6,596		)	(3,073		)	(1,387		)	(18,511		)	(29,567		)
Loss on early extinguishment of debt	—			—			—			(105		)	(105		)
Equity in earnings of an investee	—			—			—			79			79
Income (loss) before income tax expense	28,971			6,299			19,958			(23,107		)	32,121
Income tax expense	—			—			—			(140		)	(140		)
Income (loss) from continuing operations	28,971			6,299			19,958			(23,247		)	31,981
Discontinued operations:
Income from discontinued operations	—			—			1,513			—			1,513
Impairment of assets from discontinued operations	—			—			(27,896		)	—			(27,896		)
Net income (loss)	$	28,971		$	6,299		$	(6,425	)	$	(23,247	)	$	5,598

Total assets	$	1,829,372		$	964,610		$	1,742,120		$	212,529		$	4,748,631

	For the Three Months Ended June 30, 2012
	Triple Net Senior Living Communities			Managed Senior Living Communities			MOBs			All Other Operations			Consolidated

Revenues:
Rental income	$	59,643		$	—		$	44,306		$	4,458		$	108,407
Residents fees and services	—			35,986			—			—			35,986
Total revenues	59,643			35,986			44,306			4,458			144,393

Expenses:
Property operating expenses	—			26,244			13,574			—			39,818
Depreciation	17,191			3,874			12,611			948			34,624
General and administrative	—			—			—			8,068			8,068
Acquisition related costs	—			—			—			1,829			1,829
Total expenses	17,191			30,118			26,185			10,845			84,339

Operating income (loss)	42,452			5,868			18,121			(6,387		)	60,054

Interest and other income	—			—			—			227			227
Interest expense	(10,163		)	(2,813		)	(381		)	(14,763		)	(28,120		)
Equity in earnings of an investee	—			—			—			76			76
Income (loss) before income tax expense	32,289			3,055			17,740			(20,847		)	32,237
Income tax expense	—			—			—			(43		)	(43		)
Income (loss) from continuing operations	32,289			3,055			17,740			(20,890		)	32,194
Discontinued operations:
Income from discontinued operations	—			—			1,057			—			1,057
Net income (loss)	$	32,289		$	3,055		$	18,797		$	(20,890	)	$	33,251

Total assets	$	1,756,892		$	623,653		$	1,885,994		$	200,013		$	4,466,552

	For the Six Months Ended June 30, 2013
	Triple Net Senior Living Communities			Managed Senior Living Communities			MOBs			All Other Operations			Consolidated

Revenues:
Rental income	$	113,723		$	—		$	101,582		$	8,845		$	224,150
Residents fees and services	—			149,687			—			—			149,687
Total revenues	113,723			149,687			101,582			8,845			373,837

Expenses:
Property operating expenses	—			116,135			32,028			—			148,163
Depreciation	33,936			13,877			26,290			1,896			75,999
General and administrative	—			—			—			16,816			16,816
Acquisition related costs	—			—			—			2,187			2,187
Impairment of assets	4,371			—			1,304			—			5,675
Total expenses	38,307			130,012			59,622			20,899			248,840

Operating income (loss)	75,416			19,675			41,960			(12,054		)	124,997

Interest and other income	—			—			—			570			570
Interest expense	(13,060		)	(6,141		)	(2,734		)	(37,196		)	(59,131		)
Loss on early extinguishment of debt	—			—			—			(105		)	(105		)
Equity in earnings of an investee	—			—			—			155			155
Income (loss) before income tax expense	62,356			13,534			39,226			(48,630		)	66,486
Income tax expense	—			—			—			(280		)	(280		)
Income (loss) from continuing operations	62,356			13,534			39,226			(48,910		)	66,206
Discontinued operations:
Income from discontinued operations	—			—			2,523			—			2,523
Impairment of assets from discontinued operations	—			—			(27,896		)	—			(27,896		)
Net income (loss)	$	62,356		$	13,534		$	13,853		$	(48,910	)	$	40,833

Total assets	$	1,829,372		$	964,610		$	1,742,120		$	212,529		$	4,748,631

	For the Six Months Ended June 30, 2012
	Triple Net Senior Living Communities			Managed Senior Living Communities			MOBs			All Other Operations			Consolidated

Revenues:
Rental income	$	118,467		$	—		$	88,090		$	8,878		$	215,435
Residents fees and services	—			71,554			—			—			71,554
Total revenues	118,467			71,554			88,090			8,878			286,989

Expenses:
Property operating expenses	—			51,743			26,561			—			78,304
Depreciation	34,383			7,580			23,538			1,896			67,397
General and administrative	—			—			—			15,753			15,753
Acquisition related costs	—			—			—			2,694			2,694
Impairment of assets	—			—			3,071			—			3,071
Total expenses	34,383			59,323			53,170			20,343			167,219

Operating income (loss)	84,084			12,231			34,920			(11,465		)	119,770

Interest and other income	—			—			—			709			709
Interest expense	(20,287		)	(5,866		)	(793		)	(30,063		)	(57,009		)
Equity in earnings of an investee	—			—			—			121			121
Income (loss) before income tax expense	63,797			6,365			34,127			(40,698		)	63,591
Income tax expense	—			—			—			(247		)	(247		)
Income (loss) from continuing operations	63,797			6,365			34,127			(40,945		)	63,344
Discontinued operations:
Income from discontinued operations	—			—			2,259			—			2,259
Net income (loss)	$	63,797		$	6,365		$	36,386		$	(40,945	)	$	65,603

Total assets	$	1,756,892		$	623,653		$	1,885,994		$	200,013		$	4,466,552