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Major Operators
9 Months Ended
Sep. 30, 2020
Major Operators  
Major Operators

9.

Major Operators

We have two operators that derive 10% or more of our combined rental revenue and interest income from mortgage loans. The following table sets forth information regarding our major operators as

of September 30, 2020:

Number of

Number of

Percentage of

SNF

ALF

Total

Total

Operator

SNF

ALF

Beds

Units

Revenue (1)

Assets (2)

Prestige Healthcare

24

2,922

93

19.8

%

18.0

%

Senior Lifestyle Corporation (3)

23

1,457

10.4

%

10.2

%

Total

24

23

2,922

1,550

30.2

%

28.2

%

(1)Includes rental income from owned properties and interest income from mortgage loans as of September 30, 2020 and excludes rental income from lessee reimbursement and sold properties.

(2)Represents the net carrying value of the properties divided by the Total assets on the Consolidated Balance Sheets.

(3)See Note 2. Real Estate Investments for further information regarding Senior Lifestyle.

Our financial position and ability to make distributions may be adversely affected if Prestige Healthcare, Senior Lifestyle Corporation, or any of our lessees and borrowers face financial difficulties, including any bankruptcies, inability to emerge from bankruptcy, insolvency or general downturn in business of any such operator, impact upon services or occupancy levels due to COVID-19, or in the event any such operator does not renew and/or extend its relationship with us.