Consolidated Statements of Income (Unaudited) - USD ($)		3 Months Ended		9 Months Ended
		Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015		Sep. 30, 2014
Revenues:
Rental income		$ 409,290,000	$ 354,148,000	$ 1,185,502,000		$ 1,038,451,000
Resident fees and services		545,255,000	482,412,000	1,573,318,000		1,406,316,000
Interest income		22,380,000	9,344,000	59,950,000		26,871,000
Other income		2,072,000	1,619,000	11,572,000		4,139,000
Total revenues		978,997,000	847,523,000	2,830,342,000		2,475,777,000
Expenses:
Interest expense		121,130,000	118,435,000	361,071,000		360,334,000
Property operating expenses		408,703,000	355,157,000	1,183,519,000		1,040,342,000
Depreciation and amortization		205,799,000	200,970,000	603,431,000		648,737,000
General and administrative		36,950,000	30,803,000	110,562,000		115,327,000
Transaction costs		9,333,000	13,554,000	70,379,000		21,546,000
Loss (gain) on derivatives, net		0	49,000	(58,427,000)	[1]	400,000
Loss (gain) on extinguishment of debt, net		584,000	2,692,000	34,872,000		3,075,000
Impairment of Asset		0	0	2,220,000		0
Other expenses		0	10,262,000	10,583,000		10,262,000
Total expenses		782,499,000	731,922,000	2,318,210,000		2,200,023,000
Income (loss) from continuing operations before income taxes and income from unconsolidated entities, total		196,498,000	115,601,000	512,132,000		275,754,000
Income tax (expense) benefit		3,344,000	10,198,000	(3,769,000)		6,369,000
(Loss) income from unconsolidated entities		(2,631,000)	(2,632,000)	(18,231,000)		(19,705,000)
Income from continuing operations		197,211,000	123,167,000	490,132,000		262,418,000
Discontinued operations:
Gain (loss) on sales of properties, net		0	0	0		6,411,000
Income (loss) from discontinued operations, net		0	0	0		724,000
Discontinued operations, net		0	0	0		7,135,000
Gain (loss) on real estate dispositions, net		2,046,000	29,604,000	249,002,000		36,272,000
Net income		199,257,000	152,771,000	739,134,000		305,825,000
Less: Preferred stock dividends		16,352,000	16,352,000	49,055,000		49,057,000
Less: Net income (loss) attributable to noncontrolling interests	[2]	862,000	164,000	4,666,000		(1,339,000)
Net income (loss) attributable to common stockholders		$ 182,043,000	$ 136,255,000	$ 685,413,000		$ 258,107,000
Average number of common shares outstanding:
Basic		351,765,000	311,117,000	346,425,000		299,137,000
Diluted		353,107,000	312,812,000	347,547,000		300,645,000
Basic:
Income (loss) from continuing operations attributable to common stockholders, including real estate dispositions		$ 0.52	$ 0.44	$ 1.98		$ 0.84
Discontinued operations, net		0	0	0		0.02
Net income (loss) attributable to common stockholders, total		0.52	0.44	1.98		0.86
Diluted:
Income (loss) from continuing operations attributable to common stockholders, including real estate dispositions		0.52	0.44	1.97		0.83
Discontinued operations, net		0	0	0		0.02
Net income (loss) attributable to common stockholders, total		0.52	0.44	1.97		0.86
Dividends declared and paid per common share		$ 0.825	$ 0.795	$ 2.475		$ 2.385

[1] (1) In April 2011, we completed the acquisition of substantially all of the real estate assets of privately-owned Genesis Healthcare Corporation. In conjunction with this transaction, we received the option to acquire an ownership interest in Genesis Healthcare. In February 2015, Genesis Healthcare closed on a transaction to merge with Skilled Healthcare Group to become a publicly traded company which required us to record the value of the derivative asset due to the net settlement feature.

[2] (1) Includes amounts attributable to redeemable noncontrolling interests.