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Credit Concentration | 6 Months Ended
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Jun. 30, 2022
Risks and Uncertainties [Abstract] |
Credit Concentration | Credit Concentration We 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, 2022, excluding our share of NOI in unconsolidated entities (dollars in thousands):
Concentration by relationship: (1) |  | Number of Properties |  | Total NOI |  | Percent of NOI (2)
ProMedica (3) |  | 205 |  |  | $ | 122,204 |  |  | 11%
Atria Senior Living(4) |  | 98 |  |  | 105,343 |  |  | 10%
Sunrise Senior Living |  | 109 |  |  | 79,826 |  |  | 7%
HC-One Group (5) |  | 1 |  |  | 45,739 |  |  | 4%
Avery Healthcare |  | 61 |  |  | 38,118 |  |  | 4%
Remaining portfolio |  | 1,237 |  |  | 769,258 |  |  | 64%
Totals |  | 1,711 |  |  | $ | 1,160,488 |  |  | 100%
(1) ProMedica and HC-One Group are in our Triple-net segment. Sunrise Senior Living and Atria Senior Living are in our Seniors Housing Operating segment. Avery Healthcare is in both the Triple-net and Seniors Housing Operating segments. (2) NOI with our top five relationships comprised 34% of total NOI for the year ended December 31, 2021. (3) During the quarter ended March 31, 2022, we purchased an additional 5% ownership interest in the consolidated ProMedica joint ventures for $137,437,000. (4) Inclusive of $58,621,000 of income recognized upon termination of lease. See Note 3 for further details. (5) In addition to the one property, HC-One Group is the borrower on a £529,848,000 loan as of June 30, 2022.

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- Definition The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -URI https://asc.fasb.org/topic&trid=2134479 + Details
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