SEGMENT INFORMATION (Tables)

9 Months Ended

Sep. 30, 2012

SEGMENT INFORMATION

Summary information by reportable business segment

	Triple-Net Leased Properties		Senior Living Operations		MOB Operations		All Other		Total
	(In thousands)
Revenues:
Rental income	$	210,096	$	—	$	100,814	$	—	$	310,910
Resident fees and services		—		317,131		—		—		317,131
Medical office building and other services revenue		1,110		—		3,434		—		4,544
Income from loans and investments		—		—		—		9,035		9,035
Interest and other income		—		—		—		330		330
Total revenues	$	211,206	$	317,131	$	104,248	$	9,365	$	641,950
Total revenues	$	211,206	$	317,131	$	104,248	$	9,365	$	641,950
Less:
Interest and other income		—		—		—		330		330
Property-level operating expenses		—		216,861		36,144		—		253,005
Medical office building services costs		—		—		1,487		—		1,487
Segment NOI		211,206		100,270		66,617		9,035		387,128
Income from unconsolidated entities		348		—		16,726		—		17,074
Segment profit	$	211,554	$	100,270	$	83,343	$	9,035		404,202
Interest and other income										330
Interest expense										(75,139	)
Depreciation and amortization										(189,908	)
General, administrative and professional fees										(26,872	)
Gain on extinguishment of debt										1,194
Merger-related expenses and deal costs										(4,917	)
Other										(2,508	)
Income tax benefit										8,886
Discontinued operations										(3,447	)
Net income									$	111,821

        For the three months ended September 30, 2011:

	Triple-Net Leased Properties		Senior Living Operations		MOB Operations		All Other		Total
	(In thousands)
Revenues:
Rental income	$	203,209	$	—	$	58,159	$	—	$	261,368
Resident fees and services		—		274,294		—		—		274,294
Medical office building and other services revenue		1,109		—		8,162		—		9,271
Income from loans and investments		—		—		—		10,072		10,072
Interest and other income		—		—		—		373		373
Total revenues	$	204,318	$	274,294	$	66,321	$	10,445	$	555,378
Total revenues	$	204,318	$	274,294	$	66,321	$	10,445	$	555,378
Less:
Interest and other income		—		—		—		373		373
Property-level operating expenses		—		187,356		20,071		—		207,427
Medical office building services costs		—		—		6,347		—		6,347
Segment NOI		204,318		86,938		39,903		10,072		341,231
Income from unconsolidated entities		121		—		61		—		182
Segment profit	$	204,439	$	86,938	$	39,964	$	10,072		341,413
Interest and other income										373
Interest expense										(69,518	)
Depreciation and amortization										(156,593	)
General, administrative and professional fees										(20,624	)
Loss on extinguishment of debt										(8,685	)
Litigation proceeds, net										85,327
Merger-related expenses and deal costs										(69,350	)
Other										(13,882	)
Income tax benefit										13,732
Discontinued operations										(209	)
Net income									$	101,984

        For the nine months ended September 30, 2012:

	Triple-Net Leased Properties		Senior Living Operations		MOB Operations		All Other		Total
	(In thousands)
Revenues:
Rental income	$	622,702	$	—	$	253,890	$	—	$	876,592
Resident fees and services		—		906,946		—		—		906,946
Medical office building and other services revenue		3,329		—		13,462		—		16,791
Income from loans and investments		—		—		—		25,223		25,223
Interest and other income		—		—		—		441		441
Total revenues	$	626,031	$	906,946	$	267,352	$	25,664	$	1,825,993
Total revenues	$	626,031	$	906,946	$	267,352	$	25,664	$	1,825,993
Less:
Interest and other income		—		—		—		441		441
Property-level operating expenses		—		620,075		86,469		—		706,544
Medical office building services costs		—		—		8,314		—		8,314
Segment NOI		626,031		286,871		172,569		25,223		1,110,694
Income from unconsolidated entities		1,068		—		16,837		—		17,905
Segment profit	$	627,099	$	286,871	$	189,406	$	25,223		1,128,599
Interest and other income										441
Interest expense										(217,475	)
Depreciation and amortization										(538,946	)
General, administrative and professional fees										(75,779	)
Loss on extinguishment of debt										(38,339	)
Merger-related expenses and deal costs										(49,566	)
Other										(5,594	)
Income tax benefit										2,727
Discontinued operations										69,581
Net income									$	275,649

        For the nine months ended September 30, 2011:

	Triple-Net Leased Properties		Senior Living Operations		MOB Operations			All Other		Total
	(In thousands)
Revenues:
Rental income	$	433,980	$	—	$	106,153		$	—	$	540,133
Resident fees and services		—		590,103		—			—		590,103
Medical office building and other services revenue		1,109		—		24,941			—		26,050
Income from loans and investments		—		—		—			24,548		24,548
Interest and other income		—		—		—			529		529
Total revenues	$	435,089	$	590,103	$	131,094		$	25,077	$	1,181,363
Total revenues	$	435,089	$	590,103	$	131,094		$	25,077	$	1,181,363
Less:
Interest and other income		—		—		—			529		529
Property-level operating expenses		—		401,361		37,025			—		438,386
Medical office building services costs		—		—		19,837			—		19,837
Segment NOI		435,089		188,742		74,232			24,548		722,611
Income (loss) from unconsolidated entities		121		—		(192	)		—		(71	)
Segment profit	$	435,210	$	188,742	$	74,040		$	24,548		722,540
Interest and other income											529
Interest expense											(162,348	)
Depreciation and amortization											(286,663	)
General, administrative and professional fees											(51,010	)
Loss on extinguishment of debt											(25,211	)
Litigation proceeds, net											85,327
Merger-related expenses and deal costs											(131,606	)
Other											(5,827	)
Income tax benefit											23,039
Discontinued operations											1,994
Net income										$	170,764

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

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2012		2011		2012		2011
	(In thousands)
Capital expenditures:
Triple-net leased	$	25,535	$	68,604	$	39,415	$	69,831
Senior living		20,510		20,842		369,341		296,446
MOB		257,479		23,432		878,545		30,301
Total capital expenditures	$	303,524	$	112,878	$	1,287,301	$	396,578

Revenues from external customers by geographic area

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2012		2011		2012		2011
	(In thousands)
Revenues:
United States	$	617,605	$	531,951	$	1,754,418	$	1,112,322
Canada		24,345		23,428		71,575		69,041
Total revenues	$	641,950	$	555,378	$	1,825,993	$	1,181,363

Net real estate property by geographic area

	As of September 30, 2012		As of December 31, 2011
	(In thousands)
Net real estate property:
United States	$	16,514,409	$	15,510,824
Canada		405,268		402,908
Total net real estate property	$	16,919,677	$	15,913,732