Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2014

Segment Reporting (Tables) [Abstract]

Summary of information for reportable segments

Three Months Ended September 30, 2014:		Seniors Housing Triple-net		Seniors Housing Operating		Medical Facilities		Non-segment / Corporate		Total
Rental income	$	231,512	$	-	$	122,636	$	-	$	354,148
Resident fees and services		-		482,412		-		-		482,412
Interest income		5,852		1,054		2,438		-		9,344
Other income		836		325		352		106		1,619
Total revenues		238,200		483,791		125,426		106		847,523
Property operating expenses		-		320,895		34,262		-		355,157
Net operating income from continuing operations		238,200		162,896		91,164		106		492,366
Reconciling items:
Interest expense		10,294		26,612		7,692		73,837		118,435
Loss (gain) on derivatives, net		52		(3)		-		-		49
Depreciation and amortization		63,223		95,819		41,928		-		200,970
General and administrative		-		-		-		30,803		30,803
Transaction costs		1,619		10,572		1,363		-		13,554
Loss (gain) on extinguishment of debt, net		(36)		-		-		2,728		2,692
Other expenses		8,825		1,437		-		-		10,262
Income (loss) from continuing operations before income taxes and income from unconsolidated entities	$	154,223	$	28,459	$	40,181	$	(107,262)	$	115,601
Total assets	$	10,354,397	$	9,248,040	$	4,886,894	$	52,391	$	24,541,722

Three Months Ended September 30, 2013:		Seniors Housing Triple-net		Seniors Housing Operating		Medical Facilities		Non-segment / Corporate		Total
Rental income	$	197,950	$	-	$	110,562	$	-	$	308,512
Resident fees and services		-		466,127		-		-		466,127
Interest income		5,035		-		2,594		-		7,629
Other income		778		167		466		32		1,443
Total revenues		203,763		466,294		113,622		32		783,711
Property operating expenses		-		311,575		30,346		-		341,921
Net operating income from continuing operations		203,763		154,719		83,276		32		441,790
Reconciling items:
Interest expense		5,869		24,693		8,732		76,726		116,020
Loss (gain) on derivatives, net		4,872		-		-		-		4,872
Depreciation and amortization		57,214		144,578		39,235		-		241,027
General and administrative		-		-		-		28,718		28,718
Transaction costs		4,026		18,882		683		-		23,591
Loss (gain) on extinguishment of debt, net		-		(5,252)		-		1,184		(4,068)
Income (loss) from continuing operations before income taxes and income from unconsolidated entities	$	131,782	$	(28,182)	$	34,626	$	(106,596)	$	31,630

Nine Months Ended September 30, 2014:		Seniors Housing Triple-net		Seniors Housing Operating		Medical Facilities		Non-segment / Corporate		Total
Rental income	$	671,813	$	-	$	366,638	$	-	$	1,038,451
Resident fees and services		-		1,406,316		-		-		1,406,316
Interest income		16,958		1,065		8,848		-		26,871
Other income		1,281		1,643		1,017		198		4,139
Total revenues		690,052		1,409,024		376,503		198		2,475,777
Property operating expenses		-		939,108		101,234		-		1,040,342
Net operating income from continuing operations		690,052		469,916		275,269		198		1,435,435
Reconciling items:
Interest expense		28,064		82,924		25,422		223,924		360,334
Loss (gain) on derivatives, net		125		275		-		-		400
Depreciation and amortization		186,240		334,625		127,872		-		648,737
General and administrative		-		-		-		115,327		115,327
Transaction costs		5,900		12,863		2,783		-		21,546
Loss (gain) on extinguishment of debt, net		(36)		383		-		2,728		3,075
Other expenses		8,825		1,437		-		-		10,262
Income (loss) from continuing operations before income taxes and income from unconsolidated entities	$	460,934	$	37,409	$	119,192	$	(341,781)	$	275,754

Nine Months Ended September 30, 2013:		Seniors Housing Triple-net		Seniors Housing Operating		Medical Facilities		Non-segment / Corporate		Total
Rental income	$	568,764	$	-	$	331,264	$	-	$	900,028
Resident fees and services		-		1,164,446		-		-		1,164,446
Interest income		16,311		757		7,257		-		24,325
Other income		1,183		169		1,539		277		3,168
Total revenues		586,258		1,165,372		340,060		277		2,091,967
Property operating expenses		-		785,050		87,651		-		872,701
Net operating income from continuing operations		586,258		380,322		252,409		277		1,219,266
Reconciling items:
Interest expense		14,921		63,175		27,097		229,128		334,321
Loss (gain) on derivatives, net		4,872		(407)		-		-		4,465
Depreciation and amortization		166,801		338,099		118,877		-		623,777
General and administrative		-		-		-		79,799		79,799
Transaction costs		15,730		101,006		971		-		117,707
Loss (gain) on extinguishment of debt, net		-		(5,560)		-		1,184		(4,376)
Income (loss) from continuing operations before income taxes and income from unconsolidated entities	$	383,934	$	(115,991)	$	105,464	$	(309,834)	$	63,573

The following is a summary of geographic information for our operations for the periods presented (dollars in thousands):

		Three Months Ended						Nine Months Ended
		September 30, 2014			September 30, 2013			September 30, 2014			September 30, 2013
Revenues:		Amount	%		Amount	%		Amount	%		Amount	%
United States	$	707,842	83.5%	$	662,922	84.6%	$	2,078,863	84.0%	$	1,827,470	87.4%
International		139,681	16.5%		120,789	15.4%		396,914	16.0%		264,497	12.6%
Total	$	847,523	100.0%	$	783,711	100.0%	$	2,475,777	100.0%	$	2,091,967	100.0%
		As of
		September 30, 2014			December 31, 2013
Assets:		Amount	%		Amount	%
United States	$	21,199,728	86.4%	$	19,759,945	85.6%
International		3,341,994	13.6%		3,324,012	14.4%
Total	$	24,541,722	100.0%	$	23,083,957	100.0%