XML 74 R14.htm IDEA: XBRL DOCUMENT v3.2.0.727
Credit Concentration
6 Months Ended
Jun. 30, 2015
Customer Concentration [Abstract]  
Credit Concentration

8. Credit Concentration

     We use net operating income from continuing operations (“NOI”) as our credit concentration metric. See Note 17 for additional information and reconciliation. The following table summarizes certain information about our credit concentration for the six month period ending June 30, 2015, excluding our share of NOI in unconsolidated entities (dollars in thousands):

Number ofTotalPercent of
Concentration by relationship:(1)PropertiesNOINOI(2)
Genesis Healthcare 180 $179,79017%
Sunrise Senior Living(3) 144 148,31714%
Brookdale Senior Living 146 83,5478%
Revera(3) 71 47,9954%
Benchmark Senior Living 50 47,4064%
Remaining portfolio 759 569,47653%
Totals 1,350 $1,076,531100%

  • Genesis Healthcare is in our triple-net segment. Sunrise Senior Living and Revera are in our seniors housing operating segment. Benchmark Senior Living and Brookdale Senior Living are in both our triple-net and seniors housing operating segments.
  • NOI with our top five relationships comprised 49% of total NOI for the year ending December 31, 2014.
  • Revera owns a controlling interest in Sunrise.