SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2017

Segment Reporting [Abstract]

Summary information by reportable business segment

Summary information by reportable business segment is as follows:

	For the Three Months Ended March 31, 2017
	Triple-Net Leased Properties		Senior Living Operations			Office Operations		All Other			Total
	(In thousands)
Revenues:
Rental income	$	209,327	$	—		$	185,895	$	—		$	395,222
Resident fees and services	—		464,188			—		—			464,188
Office building and other services revenue	1,205		—			1,931		270			3,406
Income from loans and investments	—		—			—		20,146			20,146
Interest and other income	—		—			—		481			481
Total revenues	$	210,532	$	464,188		$	187,826	$	20,897		$	883,443
Total revenues	$	210,532	$	464,188		$	187,826	$	20,897		$	883,443
Less:
Interest and other income	—		—			—		481			481
Property-level operating expenses	—		312,073			56,914		—			368,987
Office building services costs	—		—			738		—			738
Segment NOI	210,532		152,115			130,174		20,416			513,237
Income (loss) from unconsolidated entities	3,269		(76		)	335		(378		)	3,150
Segment profit	$	213,801	$	152,039		$	130,509	$	20,038		516,387
Interest and other income											481
Interest expense											(108,804		)
Depreciation and amortization											(217,783		)
General, administrative and professional fees											(33,961		)
Loss on extinguishment of debt, net											(309		)
Merger-related expenses and deal costs											(2,056		)
Other											(1,188		)
Income tax benefit											3,145
Income from continuing operations											$	155,912

	For the Three Months Ended March 31, 2016
	Triple-Net Leased Properties			Senior Living Operations		Office Operations			All Other		Total
	(In thousands)
Revenues:
Rental income	$	214,487		$	—	$	144,136		$	—	$	358,623
Resident fees and services	—			463,976		—			—		463,976
Office building and other services revenue	1,199			—		4,976			1,010		7,185
Income from loans and investments	—			—		—			22,386		22,386
Interest and other income	—			—		—			119		119
Total revenues	$	215,686		$	463,976	$	149,112		$	23,515	$	852,289
Total revenues	$	215,686		$	463,976	$	149,112		$	23,515	$	852,289
Less:
Interest and other income	—			—		—			119		119
Property-level operating expenses	—			312,541		43,681			—		356,222
Office building services costs	—			—		3,451			—		3,451
Segment NOI	215,686			151,435		101,980			23,396		492,497
(Loss) income from unconsolidated entities	(671		)	337		(126		)	262		(198		)
Segment profit	$	215,015		$	151,772	$	101,854		$	23,658	492,299
Interest and other income											119
Interest expense											(103,273		)
Depreciation and amortization											(236,387		)
General, administrative and professional fees											(31,726		)
Loss on extinguishment of debt, net											(314		)
Merger-related expenses and deal costs											(1,632		)
Other											(4,168		)
Income tax benefit											8,421
Income from continuing operations											$	123,339

Capital expenditures, including investments in real estate property and development project expenditures, by reportable business segment

Capital expenditures, including investments in real estate property and development project expenditures, by reportable business segment are as follows:

	For the Three Months Ended March 31,
	2017		2016
	(In thousands)
Capital expenditures:
Triple-net leased properties	$	93,809	$	40,701
Senior living operations	21,325		18,994
Office operations	193,996		12,413
Total capital expenditures	$	309,130	$	72,108

Revenues from external customers by geographic area

Geographic information regarding our operations is as follows:

	For the Three Months Ended March 31,
	2017		2016
	(In thousands)
Revenues:
United States	$	832,820	$	804,201
Canada	44,595		41,129
United Kingdom	6,028		6,959
Total revenues	$	883,443	$	852,289

Net real estate property by geographic area

	As of March 31, 2017		As of December 31, 2016
	(In thousands)
Net real estate property:
United States	$	19,325,618	$	19,105,939
Canada	1,036,815		1,037,105
United Kingdom	253,296		251,710
Total net real estate property	$	20,615,729	20,394,754