XML 25 R14.htm IDEA: XBRL DOCUMENT v3.20.2
Credit Concentration
 6 Months Ended
Jun. 30, 2020
Risks and Uncertainties [Abstract]  
Credit Concentration Credit ConcentrationWe use consolidated net operating income (“NOI”) as our credit concentration metric. See Note 18 for additional information and reconciliation. The following table summarizes certain information about our credit concentration for the six months ended June 30, 2020, excluding our share of NOI in unconsolidated entities (dollars in thousands):
Concentration by relationship: (1)
Number of PropertiesTotal NOI
Percent of NOI (2)
Sunrise Senior Living (3)
165  $134,872  12%
ProMedica215  106,530  10%
Genesis Healthcare52  58,831  5%
Revera (3)
94  57,268  5%
Avery Healthcare59  37,298  3%
Remaining portfolio941  709,733  65%
Totals1,526  $1,104,532  100%
(1) Sunrise Senior Living and Revera are in our Seniors Housing Operating segment. Genesis Healthcare and ProMedica are in our Triple-net segment. Avery Healthcare is in both the Triple-net and Seniors Housing Operating segments.
(2) NOI with our top five relationships comprised 37% of total NOI for the year ended December 31, 2019.
(3) Revera owns a controlling interest in Sunrise Senior Living.