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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Rental income:      
Triple-net leased $ 875,877 $ 818,000 $ 627,723
Medical office buildings 450,107 360,849 166,079
Total rental income 1,325,984 1,178,849 793,802
Resident fees and services 1,406,005 1,227,124 865,800
Medical office building and other services revenue 17,809 20,741 36,471
Income from loans and investments 58,208 39,913 34,415
Interest and other income 2,047 1,106 1,216
Total revenues 2,810,053 2,467,733 1,731,704
Expenses:      
Interest 334,484 288,276 223,804
Depreciation and amortization 721,959 714,505 444,193
Property-level operating expenses:      
Senior living 956,684 841,022 588,095
Medical office buildings 152,948 125,400 56,987
Total property-level operating expenses 1,109,632 966,422 645,082
Medical office building services costs 8,315 9,883 27,082
General, administrative and professional fees 115,106 98,510 74,537
Loss on extinguishment of debt, net 1,201 37,640 27,604
Litigation proceeds, net 0 0 (202,259)
Merger-related expenses and deal costs 21,634 63,183 153,923
Other 18,732 6,940 7,270
Total expenses 2,331,063 2,185,359 1,401,236
Income before (loss) income from unconsolidated entities, income taxes, discontinued operations and noncontrolling interest 478,990 282,374 330,468
(Loss) income from unconsolidated entities (508) 18,154 (52)
Income tax benefit 11,828 6,282 30,660
Income from continuing operations 490,310 306,810 361,076
Discontinued operations (35,421) 54,965 2,185
Net income 454,889 361,775 363,261
Net income (loss) attributable to noncontrolling interest 1,380 (1,025) (1,232)
Net income attributable to common stockholders $ 453,509 $ 362,800 $ 364,493
Basic:      
Income from continuing operations attributable to common stockholders (in dollars per share) $ 1.67 $ 1.05 $ 1.59
Discontinued operations (in dollars per share) $ (0.12) $ 0.19 $ 0.01
Net income attributable to common stockholders (in dollars per share) $ 1.55 $ 1.24 $ 1.60
Diluted:      
Income from continuing operations attributable to common stockholders (in dollars per share) $ 1.66 $ 1.04 $ 1.57
Discontinued operations (in dollars per share) $ (0.12) $ 0.19 $ 0.01
Net income attributable to common stockholders (in dollars per share) $ 1.54 $ 1.23 $ 1.58
Weighted average shares used in computing earnings per common share:      
Basic (in shares) 292,654 292,064 228,453
Diluted (in shares) 295,110 294,488 230,790