SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2020

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, 2020
	Triple-Net Leased Properties		Senior Living Operations		Office Operations		All Other		Total
	(In thousands)
Revenues:
Rental income	$	194,862	$	—	$	208,395	$	—	$	403,257
Resident fees and services	—		576,770		—		—		576,770
Office building and other services revenue	—		—		2,174		954		3,128
Income from loans and investments	—		—		—		24,046		24,046
Interest and other income	—		—		—		4,853		4,853
Total revenues	$	194,862	$	576,770	$	210,569	$	29,853	$	1,012,054
Total revenues	$	194,862	$	576,770	$	210,569	$	29,853	$	1,012,054
Less:
Interest and other income	—		—		—		4,853		4,853
Property-level operating expenses	6,331		410,131		64,506		—		480,968
Office building services costs	—		—		727		—		727
Segment NOI	$	188,531	$	166,639	$	145,336	$	25,000	525,506
Interest and other income									4,853
Interest expense									(116,696		)
Depreciation and amortization									(248,837		)
General, administrative and professional fees									(42,535		)
Merger-related expenses and deal costs									(8,218		)
Other									(3,708		)
Loss from unconsolidated entities									(10,876		)
Gain on real estate dispositions									226,225
Income tax benefit									149,016
Income from continuing operations									474,730
Net income									474,730
Net income attributable to noncontrolling interests									1,613
Net income attributable to common stockholders									$	473,117

	For the Three Months Ended March 31, 2019
	Triple-Net Leased Properties		Senior Living Operations		Office Operations		All Other		Total
	(In thousands)
Revenues:
Rental income	$	200,068	$	—	$	201,428	$	—	$	401,496
Resident fees and services	—		521,447		—		—		521,447
Office building and other services revenue	—		—		1,775		743		2,518
Income from loans and investments	—		—		—		17,126		17,126
Interest and other income	—		—		—		287		287
Total revenues	$	200,068	$	521,447	$	203,203	$	18,156	$	942,874
Total revenues	$	200,068	$	521,447	$	203,203	$	18,156	$	942,874
Less:
Interest and other income	—		—		—		287		287
Property-level operating expenses	7,433		360,986		62,085		—		430,504
Office building services costs	—		—		633		—		633
Segment NOI	$	192,635	$	160,461	$	140,485	$	17,869	511,450
Interest and other income									287
Interest expense									(110,619		)
Depreciation and amortization									(235,920		)
General, administrative and professional fees									(40,760		)
Loss on extinguishment of debt, net									(405		)
Merger-related expenses and deal costs									(2,180		)
Other									(23		)
Loss from unconsolidated entities									(946		)
Gain on real estate dispositions									5,447
Income tax benefit									1,257
Income from continuing operations									127,588
Net income									127,588
Net income attributable to noncontrolling interests									1,803
Net income attributable to common stockholders									$	125,785

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,
	2020		2019
	(In thousands)
Capital expenditures:
Triple-net leased properties	$	7,685	$	8,591
Senior living operations	51,884		26,959
Office operations	140,988		49,154
Total capital expenditures	$	200,557	$	84,704

Revenues from external customers by geographic area

Our portfolio of properties and mortgage loan and other investments are located in the United States, Canada and the United Kingdom. Revenues are attributed to an individual country based on the location of each property. Geographic information regarding our operations is as follows:

	For the Three Months Ended March 31,
	2020		2019
	(In thousands)
Revenues:
United States	$	908,193	$	888,281
Canada	96,970		47,597
United Kingdom	6,891		6,996
Total revenues	$	1,012,054	$	942,874

Net real estate property by geographic area

	As of March 31, 2020		As of December 31, 2019
	(In thousands)
Net real estate property:
United States	$	18,089,200	$	18,631,352
Canada	2,631,249		2,830,850
United Kingdom	246,827		266,885
Total net real estate property	$	20,967,276	$	21,729,087