Credit Concentration

9 Months Ended

Sep. 30, 2016

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 nine month period ended September 30, 2016, excluding our share of NOI in unconsolidated entities (dollars in thousands):


		Number of	Total		Percent of
Concentration by relationship:⁽¹⁾		Properties	NOI		NOI⁽²⁾
	Genesis Healthcare	185	$	293,406	16%
	Sunrise Senior Living⁽³⁾	151		234,313	13%
	Brookdale Senior Living	148		126,824	7%
	Revera⁽³⁾	97		112,211	6%
	Benchmark Senior Living	49		73,524	4%
	Remaining portfolio	769		980,412	54%
	Totals	1,399	$	1,820,690	100%

(1) 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.
(2) NOI with our top five relationships comprised 46% of total NOI for the year ending December 31, 2015.
(3) Revera owns a controlling interest in Sunrise Senior Living.