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

Revenues:
Rental income	$	57,073		$	—		$	50,910		$	4,336		$	112,319
Residents fees and services	—			74,946			—			—			74,946
Total revenues	57,073			74,946			50,910			4,336			187,265

Expenses:
Property operating expenses	—			57,708			17,021			—			74,729
Depreciation	16,760			7,251			13,514			948			38,473
General and administrative	—			—			—			7,798			7,798
Acquisition related costs	—			—			—			396			396
Total expenses	16,760			64,959			30,535			9,142			121,396

Operating income (loss)	40,313			9,987			20,375			(4,806		)	65,869

Interest and other income	—			—			—			42			42
Interest expense	(6,546		)	(3,054		)	(1,369		)	(18,436		)	(29,405		)
Loss on early extinguishment of debt	—			—			—			(692		)	(692		)
Gain on sale of properties	1,141			—			—			—			1,141
Equity in earnings of an investee	—			—			—			64			64
Income (loss) before income tax expense	34,908			6,933			19,006			(23,828		)	37,019
Income tax expense	—			—			—			(125		)	(125		)
Income (loss) from continuing operations	34,908			6,933			19,006			(23,953		)	36,894
Discontinued operations:
Income from discontinued operations	—			—			1,231			—			1,231
Net income (loss)	$	34,908		$	6,933		$	20,237		$	(23,953	)	$	38,125

Total assets	$	1,861,729		$	967,187		$	1,732,217		$	246,197		$	4,807,330

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

Revenues:
Rental income	$	60,496		$	—		$	48,821		$	4,439		$	113,756
Residents fees and services	—			42,352			—			—			42,352
Total revenues	60,496			42,352			48,821			4,439			156,108

Expenses:
Property operating expenses	—			31,233			15,572			—			46,805
Depreciation	17,433			5,037			11,858			948			35,276
General and administrative	—			—			—			8,352			8,352
Acquisition related costs	—			—			—			4,297			4,297
Total expenses	17,433			36,270			27,430			13,597			94,730

Operating income (loss)	43,063			6,082			21,391			(9,158		)	61,378

Interest and other income	—			—			—			248			248
Interest expense	(8,665		)	(2,929		)	(1,014		)	(17,809		)	(30,417		)
Loss on early extinguishment of debt	—			—			—			(6,349		)	(6,349		)
Loss on lease terminations	(104		)	—			—			—			(104		)
Loss on sale of properties	—			—			(101		)	—			(101		)
Equity in earnings of an investee	—			—			—			115			115
Income (loss) before income tax expense	34,294			3,153			20,276			(32,953		)	24,770
Income tax expense	—			—			—			(43		)	(43		)
Income (loss) from continuing operations	34,294			3,153			20,276			(32,996		)	24,727
Discontinued operations:
Income from discontinued operations	—			—			919			—			919
Net income (loss)	$	34,294		$	3,153		$	21,195		$	(32,996	)	$	25,646

Total assets	$	2,019,325		$	803,009		$	1,625,180		$	198,782		$	4,646,296

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

Revenues:
Rental income	$	170,794		$	—		$	152,492		$	13,182		$	336,468
Residents fees and services	—			224,634			—			—			224,634
Total revenues	170,794			224,634			152,492			13,182			561,102

Expenses:
Property operating expenses	—			173,844			49,049			—			222,893
Depreciation	50,696			21,128			39,804			2,844			114,472
General and administrative	—			—			—			24,615			24,615
Acquisition related costs	—			—			—			2,590			2,590
Impairment of assets	4,371			—			—			1,304			5,675
Total expenses	55,067			194,972			88,853			31,353			370,245

Operating income (loss)	115,727			29,662			63,639			(18,171		)	190,857

Interest and other income	—			—			—			612			612
Interest expense	(20,030		)	(9,196		)	(4,103		)	(55,207		)	(88,536		)
Loss on early extinguishment of debt	—			—			—			(797		)	(797		)
Gain on sale of properties	1,141			—			—			—			1,141
Equity in earnings of an investee	—			—			—			219			219
Income (loss) before income tax expense	96,838			20,466			59,536			(73,344		)	103,496
Income tax expense	—			—			—			(405		)	(405		)
Income (loss) from continuing operations	96,838			20,466			59,536			(73,749		)	103,091
Discontinued operations:
Income from discontinued operations	—			—			3,762			—			3,762
Impairment of assets from discontinued operations	—			—			(27,896		)	—			(27,896		)
Net income (loss)	$	96,838		$	20,466		$	35,402		$	(73,749	)	$	78,957

Total assets	$	1,861,729		$	967,187		$	1,732,217		$	246,197		$	4,807,330

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

Revenues:
Rental income	$	178,964		$	—		$	136,910		$	13,317		$	329,191
Residents fees and services	—			113,906			—			—			113,906
Total revenues	178,964			113,906			136,910			13,317			443,097

Expenses:
Property operating expenses	—			82,976			42,133			—			125,109
Depreciation	51,816			12,617			35,396			2,844			102,673
General and administrative	—			—			—			24,106			24,106
Acquisition related costs	—			—			—			6,814			6,814
Impairment of assets	—			—			—			3,071			3,071
Total expenses	51,816			95,593			77,529			36,835			261,773

Operating income (loss)	127,148			18,313			59,381			(23,518		)	181,324

Interest and other income	—			—			—			957			957
Interest expense	(29,073		)	(8,675		)	(1,807		)	(47,871		)	(87,426		)
Loss on early extinguishment of debt	—			—			—			(6,349		)	(6,349		)
Loss on lease terminations	(104		)	—			—			—			(104		)
Loss on sale of properties	—			—			(101		)	—			(101		)
Equity in earnings of an investee	—			—			—			236			236
Income (loss) before income tax expense	97,971			9,638			57,473			(76,545		)	88,537
Income tax expense	—			—			—			(290		)	(290		)
Income (loss) from continuing operations	97,971			9,638			57,473			(76,835		)	88,247
Discontinued operations:
Income from discontinued operations	—			—			3,001			—			3,001
Net income (loss)	$	97,971		$	9,638		$	60,474		$	(76,835	)	$	91,248

Total assets	$	2,019,325		$	803,009		$	1,625,180		$	198,782		$	4,646,296