Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2014

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, 2014,2013 and 2012is as follows (in thousands):

Year Ended December 31, 2014:		Seniors Housing Triple-net		Seniors Housing Operating		Medical Facilities		Non-segment / Corporate		Total
Rental income	$	992,638	$	-	$	413,129	$	-	$	1,405,767
Resident fees and services		-		1,892,237		-		-		1,892,237
Interest income		32,255		2,119		3,293		-		37,667
Other income		2,973		3,215		1,010		677		7,875
Total revenues		1,027,866		1,897,571		417,432		677		3,343,546
Property operating expenses		732		1,266,308		136,318		-		1,403,358
Net operating income from continuing operations		1,027,134		631,263		281,114		677		1,940,188
Reconciling items:
Interest expense		38,460		113,099		32,904		296,576		481,039
(Loss) gain on derivatives, net		(1,770)		275		-		-		(1,495)
Depreciation and amortization		273,296		418,199		152,635		-		844,130
General and administrative		-		-		-		142,943		142,943
Transaction costs		45,146		16,880		7,512		-		69,538
(Loss) gain on extinguishment of debt, net		98		383		405		8,672		9,558
Other expenses		8,825		1,437		-		-		10,262
Income (loss) from continuing operations before income taxes and income (loss) from unconsolidated entities		663,079		80,990		87,658		(447,514)		384,213
Income tax expense		6,141		(3,047)		(1,827)		-		1,267
(Loss) income from unconsolidated entities		5,423		(38,204)		5,355		-		(27,426)
Income (loss) from continuing operations		674,643		39,739		91,186		(447,514)		358,054
Income (loss) from discontinued operations		7,135		-		-		-		7,135
Gain (loss) on real estate dispositions, net		146,205		-		906		-		147,111
Net income (loss)	$	827,983	$	39,739	$	92,092	$	(447,514)	$	512,300
Total assets	$	10,958,269	$	9,531,608	$	4,465,130	$	59,287	$	25,014,296

Year Ended December 31, 2013:		Seniors Housing Triple-net		Seniors Housing Operating		Medical Facilities		Non-segment / Corporate		Total
Rental income	$	866,138	$	-	$	361,451	$	-	$	1,227,589
Resident fees and services		-		1,616,290		-		-		1,616,290
Interest income		28,214		757		3,692		-		32,663
Other income		1,504		355		1,911		296		4,066
Total revenues		895,856		1,617,402		367,054		296		2,880,608
Property operating expenses		1,235		1,089,239		116,339		-		1,206,813
Net operating income from continuing operations		894,621		528,163		250,715		296		1,673,795
Reconciling items:
Interest expense		23,322		92,148		36,823		306,067		458,360
(Loss) gain on derivatives, net		4,877		(407)		-		-		4,470
Depreciation and amortization		249,913		478,007		137,880		-		865,800
General and administrative		-		-		-		108,318		108,318
Transaction costs		24,426		107,066		1,909		-		133,401
(Loss) gain on extinguishment of debt, net		40		(3,372)		-		2,423		(909)
Provision for loan losses		2,110		-		-		-		2,110
Income (loss) from continuing operations before income taxes and income (loss) from unconsolidated entities		589,933		(145,279)		74,103		(416,512)		102,245
Income tax expense		(1,817)		(5,337)		(270)		(67)		(7,491)
(Loss) income from unconsolidated entities		5,035		(22,695)		9,473		-		(8,187)
Income (loss) from continuing operations		593,151		(173,311)		83,306		(416,579)		86,567
Income (loss) from discontinued operations		57,742		-		(6,029)		-		51,713
Net income (loss)	$	650,893	$	(173,311)	$	77,277	$	(416,579)	$	138,280
Total assets	$	10,121,813	$	8,984,316	$	3,829,547	$	148,281	$	23,083,957

Year Ended December 31, 2012		Seniors Housing Triple-net		Seniors Housing Operating		Medical Facilities		Non-segment / Corporate		Total
Rental income	$	762,968	$	-	$	300,246	$	-	$	1,063,214
Resident fees and services		-		697,494		-		-		697,494
Interest income		30,654		6,208		2,203		-		39,065
Other income		2,471		-		1,888		912		5,271
Total revenues		796,093		703,702		304,337		912		1,805,044
Property operating expenses		1,082		471,678		95,229		-		567,989
Net operating income from continuing operations		795,011		232,024		209,108		912		1,237,055
Reconciling items:
Interest expense		1,745		67,524		28,878		263,418		361,565
Loss (gain) on derivatives, net		96		(1,921)		-		-		(1,825)
Depreciation and amortization		223,921		165,798		116,501		-		506,220
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 (loss) from unconsolidated entities		504,131		(9,436)		51,064		(359,847)		185,912
Income tax expense		(2,852)		(1,086)		(2,381)		(1,293)		(7,612)
(Loss) income from unconsolidated entities		(33)		(6,364)		8,879		-		2,482
Income from continuing operations		501,246		(16,886)		57,562		(361,140)		180,782
Income (loss) from discontinued operations		130,053		-		(15,995)		-		114,058
Net income (loss)	$	631,299	$	(16,886)	$	41,567	$	(361,140)	$	294,840

		Year Ended
		December 31, 2014			December 31, 2013			December 30, 2012
Revenues:		Amount	%		Amount	%		Amount	%
United States	$	2,801,474	83.8%	$	2,489,196	86.4%	$	1,778,507	98.5%
International		542,072	16.2%		391,412	13.6%		26,537	1.5%
Total	$	3,343,546	100.0%	$	2,880,608	100.0%	$	1,805,044	100.0%
		As of
		December 31, 2014			December 31, 2013
Assets:		Amount	%		Amount	%
United States	$	20,728,477	82.9%	$	19,759,945	85.6%
International		4,285,819	17.1%		3,324,012	14.4%
Total	$	25,014,296	100.0%	$	23,083,957	100.0%