XML 25 R30.htm IDEA: XBRL DOCUMENT v2.4.1.9
Segment Reporting (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
segment
Mar. 31, 2014
Dec. 31, 2014
Segment reporting      
Number of operating segments 4us-gaap_NumberOfOperatingSegments    
Number of reportable segments 3us-gaap_NumberOfReportableSegments    
Revenues:      
Rental income $ 145,784us-gaap_RealEstateRevenueNet $ 112,055us-gaap_RealEstateRevenueNet  
Residents fees and services 82,793snh_ResidentsFeesAndServicesRevenue 79,442snh_ResidentsFeesAndServicesRevenue  
Total revenues 228,577us-gaap_Revenues 191,497us-gaap_Revenues  
Expenses:      
Property operating expenses 85,794us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment 77,802us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment  
Depreciation 53,707us-gaap_DepreciationDepletionAndAmortization 38,355us-gaap_DepreciationDepletionAndAmortization  
General and administrative 10,574us-gaap_GeneralAndAdministrativeExpense 8,290us-gaap_GeneralAndAdministrativeExpense  
Acquisition related costs 1,158us-gaap_BusinessCombinationAcquisitionRelatedCosts 122us-gaap_BusinessCombinationAcquisitionRelatedCosts  
Total expenses 151,233us-gaap_CostsAndExpenses 124,569us-gaap_CostsAndExpenses  
Operating income 77,344us-gaap_OperatingIncomeLoss 66,928us-gaap_OperatingIncomeLoss  
Interest and other income 75us-gaap_InterestAndOtherIncome 105us-gaap_InterestAndOtherIncome  
Interest expense (35,942)us-gaap_InterestExpense (28,900)us-gaap_InterestExpense  
Loss on extinguishment of debt (1,409)us-gaap_GainsLossesOnExtinguishmentOfDebt    
Gain on lease terminations 105us-gaap_GainLossOnContractTermination    
Income (loss) before income tax expense and equity in earnings of an investee 40,068us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 38,133us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments  
Income tax expense (110)us-gaap_IncomeTaxExpenseBenefit (191)us-gaap_IncomeTaxExpenseBenefit  
Equity in earnings of an investee 72us-gaap_IncomeLossFromEquityMethodInvestments (97)us-gaap_IncomeLossFromEquityMethodInvestments  
Income from continuing operations 40,030us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 37,845us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest  
Discontinued Operations:      
Income from discontinued operations (241)us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax 1,300us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax  
Impairment of assets from discontinued operations   (721)us-gaap_DiscontinuedOperationProvisionForLossGainOnDisposalNetOfTax  
Income before gain on sale of properties 39,789us-gaap_IncomeLossBeforeExtraordinaryItemsAndCumulativeEffectOfChangeInAccountingPrinciple 38,424us-gaap_IncomeLossBeforeExtraordinaryItemsAndCumulativeEffectOfChangeInAccountingPrinciple  
Gain on sale of properties   156us-gaap_GainLossOnSaleOfProperties  
Net income 39,789us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 38,580us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic  
Total assets 6,537,095us-gaap_Assets 4,778,667us-gaap_Assets 5,968,269us-gaap_Assets
Triple Net Leased Net Senior Living Communities      
Revenues:      
Rental income 55,251us-gaap_RealEstateRevenueNet
/ us-gaap_StatementBusinessSegmentsAxis
= snh_TripleNetSeniorLivingCommunitiesMember
54,890us-gaap_RealEstateRevenueNet
/ us-gaap_StatementBusinessSegmentsAxis
= snh_TripleNetSeniorLivingCommunitiesMember
 
Total revenues 55,251us-gaap_Revenues
/ us-gaap_StatementBusinessSegmentsAxis
= snh_TripleNetSeniorLivingCommunitiesMember
54,890us-gaap_Revenues
/ us-gaap_StatementBusinessSegmentsAxis
= snh_TripleNetSeniorLivingCommunitiesMember
 
Expenses:      
Depreciation 15,125us-gaap_DepreciationDepletionAndAmortization
/ us-gaap_StatementBusinessSegmentsAxis
= snh_TripleNetSeniorLivingCommunitiesMember
15,637us-gaap_DepreciationDepletionAndAmortization
/ us-gaap_StatementBusinessSegmentsAxis
= snh_TripleNetSeniorLivingCommunitiesMember
 
Total expenses 15,125us-gaap_CostsAndExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= snh_TripleNetSeniorLivingCommunitiesMember
15,637us-gaap_CostsAndExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= snh_TripleNetSeniorLivingCommunitiesMember
 
Operating income 40,126us-gaap_OperatingIncomeLoss
/ us-gaap_StatementBusinessSegmentsAxis
= snh_TripleNetSeniorLivingCommunitiesMember
39,253us-gaap_OperatingIncomeLoss
/ us-gaap_StatementBusinessSegmentsAxis
= snh_TripleNetSeniorLivingCommunitiesMember
 
Interest expense (5,985)us-gaap_InterestExpense
/ us-gaap_StatementBusinessSegmentsAxis
= snh_TripleNetSeniorLivingCommunitiesMember
(6,388)us-gaap_InterestExpense
/ us-gaap_StatementBusinessSegmentsAxis
= snh_TripleNetSeniorLivingCommunitiesMember
 
Income (loss) before income tax expense and equity in earnings of an investee 34,141us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= snh_TripleNetSeniorLivingCommunitiesMember
32,865us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= snh_TripleNetSeniorLivingCommunitiesMember
 
Income from continuing operations 34,141us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= snh_TripleNetSeniorLivingCommunitiesMember
32,865us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= snh_TripleNetSeniorLivingCommunitiesMember
 
Discontinued Operations:      
Income before gain on sale of properties   32,865us-gaap_IncomeLossBeforeExtraordinaryItemsAndCumulativeEffectOfChangeInAccountingPrinciple
/ us-gaap_StatementBusinessSegmentsAxis
= snh_TripleNetSeniorLivingCommunitiesMember
 
Gain on sale of properties   156us-gaap_GainLossOnSaleOfProperties
/ us-gaap_StatementBusinessSegmentsAxis
= snh_TripleNetSeniorLivingCommunitiesMember
 
Net income 34,141us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_StatementBusinessSegmentsAxis
= snh_TripleNetSeniorLivingCommunitiesMember
33,021us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_StatementBusinessSegmentsAxis
= snh_TripleNetSeniorLivingCommunitiesMember
 
Total assets 1,767,189us-gaap_Assets
/ us-gaap_StatementBusinessSegmentsAxis
= snh_TripleNetSeniorLivingCommunitiesMember
1,843,510us-gaap_Assets
/ us-gaap_StatementBusinessSegmentsAxis
= snh_TripleNetSeniorLivingCommunitiesMember
 
Managed Senior Living Communities      
Revenues:      
Residents fees and services 82,793snh_ResidentsFeesAndServicesRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= snh_ManagedSeniorLivingCommunitiesMember
79,442snh_ResidentsFeesAndServicesRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= snh_ManagedSeniorLivingCommunitiesMember
 
Total revenues 82,793us-gaap_Revenues
/ us-gaap_StatementBusinessSegmentsAxis
= snh_ManagedSeniorLivingCommunitiesMember
79,442us-gaap_Revenues
/ us-gaap_StatementBusinessSegmentsAxis
= snh_ManagedSeniorLivingCommunitiesMember
 
Expenses:      
Property operating expenses 62,403us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment
/ us-gaap_StatementBusinessSegmentsAxis
= snh_ManagedSeniorLivingCommunitiesMember
60,788us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment
/ us-gaap_StatementBusinessSegmentsAxis
= snh_ManagedSeniorLivingCommunitiesMember
 
Depreciation 8,460us-gaap_DepreciationDepletionAndAmortization
/ us-gaap_StatementBusinessSegmentsAxis
= snh_ManagedSeniorLivingCommunitiesMember
8,155us-gaap_DepreciationDepletionAndAmortization
/ us-gaap_StatementBusinessSegmentsAxis
= snh_ManagedSeniorLivingCommunitiesMember
 
Total expenses 70,863us-gaap_CostsAndExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= snh_ManagedSeniorLivingCommunitiesMember
68,943us-gaap_CostsAndExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= snh_ManagedSeniorLivingCommunitiesMember
 
Operating income 11,930us-gaap_OperatingIncomeLoss
/ us-gaap_StatementBusinessSegmentsAxis
= snh_ManagedSeniorLivingCommunitiesMember
10,499us-gaap_OperatingIncomeLoss
/ us-gaap_StatementBusinessSegmentsAxis
= snh_ManagedSeniorLivingCommunitiesMember
 
Interest expense (2,019)us-gaap_InterestExpense
/ us-gaap_StatementBusinessSegmentsAxis
= snh_ManagedSeniorLivingCommunitiesMember
(2,988)us-gaap_InterestExpense
/ us-gaap_StatementBusinessSegmentsAxis
= snh_ManagedSeniorLivingCommunitiesMember
 
Income (loss) before income tax expense and equity in earnings of an investee 9,911us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= snh_ManagedSeniorLivingCommunitiesMember
7,511us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= snh_ManagedSeniorLivingCommunitiesMember
 
Income from continuing operations 9,911us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= snh_ManagedSeniorLivingCommunitiesMember
7,511us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= snh_ManagedSeniorLivingCommunitiesMember
 
Discontinued Operations:      
Income before gain on sale of properties   7,511us-gaap_IncomeLossBeforeExtraordinaryItemsAndCumulativeEffectOfChangeInAccountingPrinciple
/ us-gaap_StatementBusinessSegmentsAxis
= snh_ManagedSeniorLivingCommunitiesMember
 
Net income 9,911us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_StatementBusinessSegmentsAxis
= snh_ManagedSeniorLivingCommunitiesMember
7,511us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_StatementBusinessSegmentsAxis
= snh_ManagedSeniorLivingCommunitiesMember
 
Total assets 967,751us-gaap_Assets
/ us-gaap_StatementBusinessSegmentsAxis
= snh_ManagedSeniorLivingCommunitiesMember
949,468us-gaap_Assets
/ us-gaap_StatementBusinessSegmentsAxis
= snh_ManagedSeniorLivingCommunitiesMember
 
MOBs      
Revenues:      
Rental income 86,001us-gaap_RealEstateRevenueNet
/ us-gaap_StatementBusinessSegmentsAxis
= snh_MedicalOfficeBuildingMember
52,763us-gaap_RealEstateRevenueNet
/ us-gaap_StatementBusinessSegmentsAxis
= snh_MedicalOfficeBuildingMember
 
Total revenues 86,001us-gaap_Revenues
/ us-gaap_StatementBusinessSegmentsAxis
= snh_MedicalOfficeBuildingMember
52,763us-gaap_Revenues
/ us-gaap_StatementBusinessSegmentsAxis
= snh_MedicalOfficeBuildingMember
 
Expenses:      
Property operating expenses 23,391us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment
/ us-gaap_StatementBusinessSegmentsAxis
= snh_MedicalOfficeBuildingMember
17,014us-gaap_DirectCostsOfLeasedAndRentedPropertyOrEquipment
/ us-gaap_StatementBusinessSegmentsAxis
= snh_MedicalOfficeBuildingMember
 
Depreciation 29,174us-gaap_DepreciationDepletionAndAmortization
/ us-gaap_StatementBusinessSegmentsAxis
= snh_MedicalOfficeBuildingMember
13,615us-gaap_DepreciationDepletionAndAmortization
/ us-gaap_StatementBusinessSegmentsAxis
= snh_MedicalOfficeBuildingMember
 
Total expenses 52,565us-gaap_CostsAndExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= snh_MedicalOfficeBuildingMember
30,629us-gaap_CostsAndExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= snh_MedicalOfficeBuildingMember
 
Operating income 33,436us-gaap_OperatingIncomeLoss
/ us-gaap_StatementBusinessSegmentsAxis
= snh_MedicalOfficeBuildingMember
22,134us-gaap_OperatingIncomeLoss
/ us-gaap_StatementBusinessSegmentsAxis
= snh_MedicalOfficeBuildingMember
 
Interest expense (1,768)us-gaap_InterestExpense
/ us-gaap_StatementBusinessSegmentsAxis
= snh_MedicalOfficeBuildingMember
(1,337)us-gaap_InterestExpense
/ us-gaap_StatementBusinessSegmentsAxis
= snh_MedicalOfficeBuildingMember
 
Income (loss) before income tax expense and equity in earnings of an investee 31,668us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= snh_MedicalOfficeBuildingMember
20,797us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= snh_MedicalOfficeBuildingMember
 
Income from continuing operations 31,668us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= snh_MedicalOfficeBuildingMember
20,797us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= snh_MedicalOfficeBuildingMember
 
Discontinued Operations:      
Income from discontinued operations (241)us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
/ us-gaap_StatementBusinessSegmentsAxis
= snh_MedicalOfficeBuildingMember
1,300us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
/ us-gaap_StatementBusinessSegmentsAxis
= snh_MedicalOfficeBuildingMember
 
Impairment of assets from discontinued operations   (721)us-gaap_DiscontinuedOperationProvisionForLossGainOnDisposalNetOfTax
/ us-gaap_StatementBusinessSegmentsAxis
= snh_MedicalOfficeBuildingMember
 
Income before gain on sale of properties   21,376us-gaap_IncomeLossBeforeExtraordinaryItemsAndCumulativeEffectOfChangeInAccountingPrinciple
/ us-gaap_StatementBusinessSegmentsAxis
= snh_MedicalOfficeBuildingMember
 
Net income 31,427us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_StatementBusinessSegmentsAxis
= snh_MedicalOfficeBuildingMember
21,376us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_StatementBusinessSegmentsAxis
= snh_MedicalOfficeBuildingMember
 
Total assets 3,451,814us-gaap_Assets
/ us-gaap_StatementBusinessSegmentsAxis
= snh_MedicalOfficeBuildingMember
1,717,000us-gaap_Assets
/ us-gaap_StatementBusinessSegmentsAxis
= snh_MedicalOfficeBuildingMember
 
All Other Operations      
Revenues:      
Rental income 4,532us-gaap_RealEstateRevenueNet
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_AllOtherSegmentsMember
4,402us-gaap_RealEstateRevenueNet
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_AllOtherSegmentsMember
 
Total revenues 4,532us-gaap_Revenues
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_AllOtherSegmentsMember
4,402us-gaap_Revenues
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_AllOtherSegmentsMember
 
Expenses:      
Depreciation 948us-gaap_DepreciationDepletionAndAmortization
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_AllOtherSegmentsMember
948us-gaap_DepreciationDepletionAndAmortization
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_AllOtherSegmentsMember
 
General and administrative 10,574us-gaap_GeneralAndAdministrativeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_AllOtherSegmentsMember
8,290us-gaap_GeneralAndAdministrativeExpense
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_AllOtherSegmentsMember
 
Acquisition related costs 1,158us-gaap_BusinessCombinationAcquisitionRelatedCosts
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_AllOtherSegmentsMember
122us-gaap_BusinessCombinationAcquisitionRelatedCosts
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_AllOtherSegmentsMember
 
Total expenses 12,680us-gaap_CostsAndExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_AllOtherSegmentsMember
9,360us-gaap_CostsAndExpenses
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_AllOtherSegmentsMember
 
Operating income (8,148)us-gaap_OperatingIncomeLoss
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_AllOtherSegmentsMember
(4,958)us-gaap_OperatingIncomeLoss
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_AllOtherSegmentsMember
 
Interest and other income 75us-gaap_InterestAndOtherIncome
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_AllOtherSegmentsMember
105us-gaap_InterestAndOtherIncome
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_AllOtherSegmentsMember
 
Interest expense (26,170)us-gaap_InterestExpense
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_AllOtherSegmentsMember
(18,187)us-gaap_InterestExpense
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_AllOtherSegmentsMember
 
Loss on extinguishment of debt (1,409)us-gaap_GainsLossesOnExtinguishmentOfDebt
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_AllOtherSegmentsMember
   
Income (loss) before income tax expense and equity in earnings of an investee (35,652)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_AllOtherSegmentsMember
(23,040)us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_AllOtherSegmentsMember
 
Income tax expense (110)us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_AllOtherSegmentsMember
(191)us-gaap_IncomeTaxExpenseBenefit
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_AllOtherSegmentsMember
 
Equity in earnings of an investee 72us-gaap_IncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_AllOtherSegmentsMember
(97)us-gaap_IncomeLossFromEquityMethodInvestments
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_AllOtherSegmentsMember
 
Income from continuing operations (35,690)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_AllOtherSegmentsMember
(23,328)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_AllOtherSegmentsMember
 
Discontinued Operations:      
Income before gain on sale of properties   (23,328)us-gaap_IncomeLossBeforeExtraordinaryItemsAndCumulativeEffectOfChangeInAccountingPrinciple
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_AllOtherSegmentsMember
 
Net income (35,690)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_AllOtherSegmentsMember
(23,328)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_AllOtherSegmentsMember
 
Total assets $ 350,341us-gaap_Assets
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_AllOtherSegmentsMember
$ 268,689us-gaap_Assets
/ us-gaap_StatementBusinessSegmentsAxis
= us-gaap_AllOtherSegmentsMember