Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2017


Three Months Ended June 30, 2017:		Triple-net		Seniors Housing Operating		Outpatient Medical		Non-segment / Corporate		Total
Rental income	$	217,889	$	-	$	137,710	$	-	$	355,599
Resident fees and services		-		677,040		-		-		677,040
Interest income		20,901		-		-		-		20,901
Other income		2,557		1,049		1,217		239		5,062
Total revenues		241,347		678,089		138,927		239		1,058,602

Property operating expenses		-		459,111		42,744		-		501,855
Consolidated net operating income		241,347		218,978		96,183		239		556,747


Interest expense		2,515		15,403		2,122		96,191		116,231
Loss (gain) on derivatives, net		736		-		-		-		736
Depreciation and amortization		60,171		117,198		47,478		-		224,847
General and administrative		-		-		-		32,632		32,632
Transaction costs
Loss (gain) on extinguishment of debt, net		-		2,524		2,991		-		5,515
Impairment of assets		4,846		8,785		-		-		13,631
Other expenses		2,181		1,165		1,310		1,683		6,339
Income (loss) from continuing operations before income taxes and income from unconsolidated entities		170,898		73,903		42,282		(130,267)		156,816
Income tax (expense) benefit		(1,471)		10,247		(351)		23		8,448
Income (loss) from unconsolidated entities		3,867		(8,449)		604		-		(3,978)
Income (loss) from continuing operations		173,294		75,701		42,535		(130,244)		161,286
Gain (loss) on real estate dispositions, net		42,155		-		-		-		42,155
Net income (loss)	$	215,449	$	75,701	$	42,535	$	(130,244)	$	203,441

Total assets	$	9,990,063	$	12,753,128	$	5,008,067	$	224,528	$	27,975,786


Three Months Ended June 30, 2016:		Triple-net		Seniors Housing Operating		Outpatient Medical		Non-segment / Corporate		Total
Rental income	$	287,134	$	-	$	135,494	$	-	$	422,628
Resident fees and services		-		615,220		-		-		615,220
Interest income		21,971		1,042		994		-		24,007
Other income		1,206		8,989		4,153		454		14,802
Total revenues		310,311		625,251		140,641		454		1,076,657

Property operating expenses		-		417,996		40,836		-		458,832
Consolidated net operating income		310,311		207,255		99,805		454		617,825


Interest expense		5,754		20,274		5,402		100,896		132,326
Depreciation and amortization		75,809		102,312		48,448		-		226,569
General and administrative		-		-		-		39,914		39,914
Transaction costs		1,291		3,247		619		-		5,157
Loss (gain) on extinguishment of debt, net		121		(88)		-		-		33
Other expenses		-		-		-		3,161		3,161
Income (loss) from continuing operations before income taxes and income from unconsolidated entities		227,336		81,510		45,336		(143,517)		210,665
Income tax (expense) benefit		(213)		2,023		(248)		(1,049)		513
Income (loss) from unconsolidated entities		3,018		(4,887)		(90)		-		(1,959)
Income (loss) from continuing operations		230,141		78,646		44,998		(144,566)		209,219
Gain (loss) on real estate dispositions, net		1,530		-		-		-		1,530
Net income (loss)	$	231,671	$	78,646	$	44,998	$	(144,566)	$	210,749


Six Months Ended June 30, 2017:		Triple-net		Seniors Housing Operating		Outpatient Medical		Non-segment / Corporate		Total
Rental income	$	445,180	$	-	$	277,561	$	-	$	722,741
Resident fees and services		-		1,347,377		-		-		1,347,377
Interest income		41,580		69		-		-		41,649
Other income		4,321		2,510		1,830		472		9,133
Total revenues		491,081		1,349,956		279,391		472		2,120,900

Property operating expenses		-		921,536		90,488		-		1,012,024
Consolidated net operating income		491,081		428,420		188,903		472		1,108,876


Interest expense		8,025		31,219		4,413		191,170		234,827
Loss (gain) on derivatives, net		1,960		-		-		-		1,960
Depreciation and amortization		119,781		236,935		96,408		-		453,124
General and administrative		-		-		-		63,733		63,733
Loss (gain) on extinguishment of debt, net		29,083		3,414		4,373		-		36,870
Impairment of assets		4,846		14,191		5,625		-		24,662
Other expenses		7,190		2,943		1,671		6,210		18,014
Income (loss) from continuing operations before income taxes and income from unconsolidated entities		320,196		139,718		76,413		(260,641)		275,686
Income tax (expense) benefit		(2,271)		9,160		(686)		-		6,203
Income (loss) from unconsolidated entities		9,505		(37,640)		1,051		-		(27,084)
Income (loss) from continuing operations		327,430		111,238		76,778		(260,641)		254,805
Gain (loss) on real estate dispositions, net		273,236		13,011		-		-		286,247
Net income (loss)	$	600,666	$	124,249	$	76,778	$	(260,641)	$	541,052


Six Months Ended June 30, 2016:		Triple-net		Seniors Housing Operating		Outpatient Medical		Non-segment / Corporate		Total
Rental income	$	570,958	$	-	$	267,332	$	-	$	838,290
Resident fees and services		-		1,217,369		-		-		1,217,369
Interest income		44,824		2,073		2,298		-		49,195
Other income		2,695		11,178		4,466		512		18,851
Total revenues		618,477		1,230,620		274,096		512		2,123,705

Property operating expenses		-		826,890		81,578		-		908,468
Consolidated net operating income		618,477		403,730		192,518		512		1,215,237


Interest expense		12,117		40,797		11,146		201,225		265,285
Depreciation and amortization		155,609		204,144		95,512		-		455,265
General and administrative		-		-		-		85,606		85,606
Transaction costs		4,143		7,180		2,042		-		13,365
Loss (gain) on extinguishment of debt, net		97		(88)		-		-		9
Impairment of assets		14,314		-		-		-		14,314
Other expenses		-		-		-		3,161		3,161
Income (loss) from continuing operations before income taxes and income from unconsolidated entities		432,197		151,697		83,818		(289,480)		378,232
Income tax expense		(528)		4,789		(476)		(1,546)		2,239
(Loss) income from unconsolidated entities		6,100		(11,822)		(56)		-		(5,778)
Income (loss) from continuing operations		437,769		144,664		83,286		(291,026)		374,693
Gain (loss) on real estate dispositions, net		1,530		-		-		-		1,530
Net income (loss)	$	439,299	$	144,664	$	83,286	$	(291,026)	$	376,223