Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2012

Segment Reporting (Tables) [Abstract]

Summary of information for reportable segments

Summary information for the reportable segments (which excludes unconsolidated entities) during the years ended December 31, 2012,2011 and 2010is as follows (in thousands):

Year Ended December 31, 2012:		Seniors Housing Triple-net		Seniors Housing Operating		Medical Facilities		Non-segment / Corporate		Total
Rental income	$	688,788	$	-	$	385,779	$	-	$	1,074,567
Resident fees and services		-		697,494		-		-		697,494
Interest income		24,380		6,208		8,477		-		39,065
Other income		2,412		-		1,947		912		5,271
Total revenues		715,580		703,702		396,203		912		1,816,397
Property operating expenses		-		(471,678)		(99,183)		-		(570,861)
Net operating income from continuing operations		715,580		232,024		297,020		912		1,245,536
Reconciling items:
Interest expense		(3,230)		(67,524)		(30,565)		(263,418)		(364,737)
(Loss) gain on derivatives, net		(96)		1,921		-		-		1,825
Depreciation and amortization		(202,370)		(165,798)		(142,217)		-		(510,385)
General and administrative		-		-		-		(97,341)		(97,341)
Transaction costs		(35,705)		(12,756)		(13,148)		-		(61,609)
(Loss) gain on extinguishment of debt, net		(2,405)		2,697		483		-		775
Provision for loan losses		(27,008)		-		-		-		(27,008)
Income (loss) from continuing operations before income taxes and income from unconsolidated entities	$	444,766	$	(9,436)	$	111,573	$	(359,847)	$	187,056
Total assets	$	8,447,698	$	5,323,777	$	4,706,159	$	1,071,475	$	19,549,109

Year Ended December 31, 2011:		Seniors Housing Triple-net		Seniors Housing Operating		Medical Facilities		Non-segment / Corporate		Total
Rental income	$	542,561	$	-	$	273,003	$	-	$	815,564
Resident fees and services		-		456,085		-		-		456,085
Interest income		34,068		-		7,002		-		41,070
Other income		6,620		-		3,985		690		11,295
Total revenues		583,249		456,085		283,990		690		1,324,014
Property operating expenses		-		(314,142)		(63,655)		-		(377,797)
Net operating income from continuing operations		583,249		141,943		220,335		690		946,217
Reconciling items:
Interest expense		1,338		(46,342)		(20,217)		(228,884)		(294,105)
Depreciation and amortization		(157,267)		(138,192)		(94,692)		-		(390,151)
General and administrative		-		-		-		(77,201)		(77,201)
Transaction costs		(27,993)		(36,328)		(5,903)		-		(70,224)
(Loss) gain on extinguishment of debt, net		-		979		-		-		979
Provision for loan losses		-		-		(2,010)		-		(2,010)
Income (loss) from continuing operations before income taxes and income from unconsolidated entities	$	399,327	$	(77,940)	$	97,513	$	(305,395)	$	113,505
Total assets	$	7,823,953	$	3,041,238	$	3,795,940	$	263,475	$	14,924,606

Year Ended December 31, 2010:		Seniors Housing Triple-net		Seniors Housing Operating		Medical Facilities		Non-segment / Corporate		Total
Rental income	$	280,634	$	-	$	189,631	$	-	$	470,265
Resident fees and services		-		51,006		-		-		51,006
Interest income		36,176		-		4,679		-		40,855
Other income		3,386		-		985		2,874		7,245
Total revenues		320,196		51,006		195,295		2,874		569,371
Property operating expenses		-		(32,621)		(45,157)		-		(77,778)
Net operating income from continuing operations		320,196		18,385		150,138		2,874		491,593
Reconciling items:
Interest expense		6,094		(7,794)		(15,959)		(113,129)		(130,788)
Depreciation and amortization		(80,109)		(15,504)		(65,929)		-		(161,542)
General and administrative		-		-		-		(54,626)		(54,626)
Transaction costs		(20,612)		(20,936)		(5,112)		-		(46,660)
Loss (gain) on extinguishment of debt, net		(7,791)		-		(1,308)		(25,072)		(34,171)
Provision for loan losses		(29,684)		-		-		-		(29,684)
Income (loss) from continuing operations before income taxes and income from unconsolidated entities	$	188,094	$	(25,849)	$	61,830	$	(189,953)	$	34,122