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Segment Reporting (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
USD ($)
Sep. 30, 2016
USD ($)
Sep. 30, 2017
USD ($)
Sep. 30, 2016
USD ($)
Dec. 31, 2016
USD ($)
Summary of information for reportable segments          
Rental income $ 362,880 $ 421,152 $ 1,085,621 $ 1,259,442  
Resident fees and services 702,380 630,017 2,049,757 1,847,386  
Interest income 20,187 25,080 61,836 74,275  
Other income 6,036 2,884 15,169 21,735  
Total revenues 1,091,483 1,079,133 3,212,383 3,202,838  
Property operating expenses 523,997 473,680 1,536,021 1,382,148  
Net Operating Income from Continuing Operations 567,486 605,453 1,676,362 [1] 1,820,690  
Interest expense 122,578 129,699 357,405 394,985  
Loss (gain) on derivatives, net 324 (2,516) 2,284 (2,516)  
Depreciation and amortization 230,138 218,061 683,262 673,326  
General and administrative 29,913 36,828 93,643 122,434  
Transaction costs 0 19,842 0 33,207  
Loss (gain) on extinguishment of debt, net 0 0 36,870 9  
Impairment of Asset 0 9,705 24,662 24,019  
Other expenses 99,595 0 117,608 3,161  
Income (loss) from continuing operations before income taxes and income from unconsolidated entities 84,938 193,834 360,628 572,065  
Income tax expense (669) 305 5,535 2,543  
(Loss) income from unconsolidated entities 3,408 (1,749) (23,676) (7,528)  
Income (loss) from continuing operations 87,677 192,390 342,487 567,080  
Gain (loss) on real estate dispositions, net 1,622 162,351 287,869 163,881  
Net income 89,299 $ 354,741 630,356 $ 730,961  
Total assets $ 28,180,379   $ 28,180,379   $ 28,865,184
Percent Of Assets 1   1   1
Percent Of Revenues 1 1 1 1  
United States          
Summary of information for reportable segments          
Total revenues $ 871,431 $ 874,050 $ 2,582,042 $ 2,581,533  
Total assets $ 22,535,209   $ 22,535,209   $ 23,572,459
Percent Of Assets 0.8   0.8   0.817
Percent Of Revenues 0.799 0.81 0.804 0.806  
United Kingdom          
Summary of information for reportable segments          
Total revenues $ 105,028 $ 95,068 $ 298,618 $ 295,203  
Total assets $ 3,202,180   $ 3,202,180   $ 2,782,489
Percent Of Assets 0.113   0.113   0.096
Percent Of Revenues 0.096 0.088 0.093 0.092  
Canada          
Summary of information for reportable segments          
Total revenues $ 115,024 $ 110,015 $ 331,723 $ 326,102  
Total assets $ 2,442,990   $ 2,442,990   $ 2,510,236
Percent Of Assets 0.087   0.087   0.087
Percent Of Revenues 0.105 0.102 0.103 0.102  
Triple Net [Member]          
Summary of information for reportable segments          
Rental income $ 221,555 $ 286,226 $ 666,735 $ 857,184  
Resident fees and services 0 0 0 0  
Interest income 20,187 23,017 61,767 67,842  
Other income 3,174 1,621 7,496 4,317  
Total revenues 244,916 310,864 735,998 929,343  
Property operating expenses 0 0 0 0  
Net Operating Income from Continuing Operations 244,916 310,864 735,998 929,343  
Interest expense 3,622 4,714 11,647 16,832  
Loss (gain) on derivatives, net 324 0 2,284 0  
Depreciation and amortization 62,891 74,296 182,672 229,906  
General and administrative 0 0 0 0  
Transaction costs   1,613   5,760  
Loss (gain) on extinguishment of debt, net   0 29,083 97  
Impairment of Asset   5,070 4,846 19,384  
Other expenses 89,236 [2]   96,425 0  
Income (loss) from continuing operations before income taxes and income from unconsolidated entities 88,843 225,171 409,041 657,364  
Income tax expense (816) (896) (2,070) (1,425)  
(Loss) income from unconsolidated entities 5,478 1,998 14,983 8,097  
Income (loss) from continuing operations 93,505 226,273 421,954 664,036  
Gain (loss) on real estate dispositions, net (185) 163,579 273,051 165,109  
Net income 93,320 389,852 695,005 829,145  
Total assets 9,463,910   9,463,910    
Senior housing - operating [Member]          
Summary of information for reportable segments          
Rental income 0 0 0 0  
Resident fees and services 702,380 630,017 2,049,757 1,847,386  
Interest income 0 1,054 69 3,126  
Other income 1,497 716 4,005 11,889  
Total revenues 703,877 631,787 2,053,831 1,862,401  
Property operating expenses 478,777 432,292 1,400,313 1,259,182  
Net Operating Income from Continuing Operations 225,100 199,495 653,518 603,219  
Interest expense 16,369 20,360 47,587 61,157  
Loss (gain) on derivatives, net 0 0 0 0  
Depreciation and amortization 119,089 97,210 356,023 301,354  
General and administrative 0 0 0 0  
Transaction costs   18,083   25,259  
Loss (gain) on extinguishment of debt, net   0 3,414 (88)  
Impairment of Asset   0 14,191 0  
Other expenses 5,157   8,100 0  
Income (loss) from continuing operations before income taxes and income from unconsolidated entities 84,485 63,842 224,203 215,537  
Income tax expense (1,519) 515 9,133 5,304  
(Loss) income from unconsolidated entities (2,886) (3,891) (40,527) (15,713)  
Income (loss) from continuing operations 80,080 60,466 192,809 205,128  
Gain (loss) on real estate dispositions, net (197) 0 12,814 0  
Net income 79,883 60,466 205,623 205,128  
Total assets 13,538,090   13,538,090    
Outpatient Medical [Member]          
Summary of information for reportable segments          
Rental income 141,325 134,926 418,886 402,258  
Resident fees and services 0 0 0 0  
Interest income 0 1,009 0 3,307  
Other income 667 358 2,497 4,824  
Total revenues 141,992 136,293 421,383 410,389  
Property operating expenses 45,220 41,388 135,708 122,966  
Net Operating Income from Continuing Operations 96,772 94,905 285,675 287,423  
Interest expense 2,929 3,986 7,342 15,132  
Loss (gain) on derivatives, net 0 0 0 0  
Depreciation and amortization 48,158 46,555 144,567 142,066  
General and administrative 0 0 0 0  
Transaction costs   146   2,188  
Loss (gain) on extinguishment of debt, net   0 4,373 0  
Impairment of Asset   4,635 5,625 4,635  
Other expenses 530   2,201 0  
Income (loss) from continuing operations before income taxes and income from unconsolidated entities 45,155 39,583 121,567 123,402  
Income tax expense (366) 417 (655) (59)  
(Loss) income from unconsolidated entities 816 144 1,868 88  
Income (loss) from continuing operations 45,605 40,144 122,780 123,431  
Gain (loss) on real estate dispositions, net 2,004 (1,228) 2,004 (1,228)  
Net income 47,609 38,916 124,784 122,203  
Total assets 4,992,534   4,992,534    
Corporate, Non-Segment [Member]          
Summary of information for reportable segments          
Rental income 0 0 0 0  
Resident fees and services 0 0 0 0  
Interest income 0 0 0 0  
Other income 698 189 1,171 705  
Total revenues 698 189 1,171 705  
Property operating expenses 0 0 0 0  
Net Operating Income from Continuing Operations 698 189 1,171 705  
Interest expense 99,658 100,639 290,829 301,864  
Loss (gain) on derivatives, net 0 (2,516) 0 (2,516)  
Depreciation and amortization 0 0 0 0  
General and administrative 29,913 36,828 93,643 122,434  
Transaction costs   0   0  
Loss (gain) on extinguishment of debt, net   0 0 0  
Impairment of Asset   0 0 0  
Other expenses 4,672   10,882 3,161  
Income (loss) from continuing operations before income taxes and income from unconsolidated entities (133,545) (134,762) (394,183) (424,238)  
Income tax expense 2,032 269 (873) (1,277)  
(Loss) income from unconsolidated entities 0 0 0 0  
Income (loss) from continuing operations (131,513) (134,493) (395,056) (425,515)  
Gain (loss) on real estate dispositions, net 0 0 0 0  
Net income (131,513) $ (134,493) (395,056) $ (425,515)  
Total assets $ 185,845   $ 185,845    
[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]
Represents non-capitalizable transaction costs primarily related to a joint venture transaction with an existing seniors housing operator including the conversion of properties from triple-net to seniors housing operating, an exchange of PropCo/OpCo interests, and termination/restructuring of pre-existing relationships.