| Summary information by reportable business segment |
For the three months ended March 31, 2014: | | | | | | | | | | | | | | | | | | | | | | Triple-Net Leased Properties | | Senior Living Operations | | MOB Operations | | All Other | | Total | | (In thousands) | Revenues: | | | | | | | | | | Rental income | $ | 237,846 |
| | $ | — |
| | $ | 115,223 |
| | $ | — |
| | $ | 353,069 |
| Resident fees and services | — |
| | 371,061 |
| | — |
| | — |
| | 371,061 |
| Medical office building and other services revenue | 1,148 |
| | — |
| | 4,652 |
| | 500 |
| | 6,300 |
| Income from loans and investments | — |
| | — |
| | — |
| | 10,767 |
| | 10,767 |
| Interest and other income | — |
| | — |
| | — |
| | 273 |
| | 273 |
| Total revenues | $ | 238,994 |
| | $ | 371,061 |
| | $ | 119,875 |
| | $ | 11,540 |
| | $ | 741,470 |
| Total revenues | $ | 238,994 |
| | $ | 371,061 |
| | $ | 119,875 |
| | $ | 11,540 |
| | $ | 741,470 |
| Less: | | | | | | | | | | Interest and other income | — |
| | — |
| | — |
| | 273 |
| | 273 |
| Property-level operating expenses | — |
| | 248,295 |
| | 39,345 |
| | — |
| | 287,640 |
| Medical office building services costs | — |
| | — |
| | 3,371 |
| | — |
| | 3,371 |
| Segment NOI | 238,994 |
| | 122,766 |
| | 77,159 |
| | 11,267 |
| | 450,186 |
| Income (loss) from unconsolidated entities | 569 |
| | (144 | ) | | (47 | ) | | (130 | ) | | 248 |
| Segment profit | $ | 239,563 |
| | $ | 122,622 |
| | $ | 77,112 |
| | $ | 11,137 |
| | 450,434 |
| Interest and other income | |
| | |
| | |
| | |
| | 273 |
| Interest expense | |
| | |
| | |
| | |
| | (87,841 | ) | Depreciation and amortization | |
| | |
| | |
| | |
| | (193,594 | ) | General, administrative and professional fees | |
| | |
| | |
| | |
| | (32,866 | ) | Gain on extinguishment of debt, net | | | | | | | | | 259 |
| Merger-related expenses and deal costs | |
| | |
| | |
| | |
| | (10,760 | ) | Other | |
| | |
| | |
| | |
| | (5,229 | ) | Income tax expense | |
| | |
| | |
| | |
| | (3,433 | ) | Discontinued operations | |
| | |
| | |
| | |
| | 3,031 |
| Gain on real estate dispositions, net | | | | | | | | | 1,000 |
| Net income | |
| | |
| | |
| | |
| | $ | 121,274 |
|
For the three months ended March 31, 2013: | | | | | | | | | | | | | | | | | | | | | | Triple-Net Leased Properties | | Senior Living Operations | | MOB Operations | | All Other | | Total | | (In thousands) | Revenues: | | | | | | | | | | Rental income | $ | 212,534 |
| | $ | — |
| | $ | 110,416 |
| | $ | — |
| | $ | 322,950 |
| Resident fees and services | — |
| | 339,170 |
| | — |
| | — |
| | 339,170 |
| Medical office building and other services revenue | 1,111 |
| | — |
| | 2,537 |
| | — |
| | 3,648 |
| Income from loans and investments | — |
| | — |
| | — |
| | 16,103 |
| | 16,103 |
| Interest and other income | — |
| | — |
| | — |
| | 1,038 |
| | 1,038 |
| Total revenues | $ | 213,645 |
| | $ | 339,170 |
| | $ | 112,953 |
| | $ | 17,141 |
| | $ | 682,909 |
| Total revenues | $ | 213,645 |
| | $ | 339,170 |
| | $ | 112,953 |
| | $ | 17,141 |
| | $ | 682,909 |
| Less: | | | | | | | | | | Interest and other income | — |
| | — |
| | — |
| | 1,038 |
| | 1,038 |
| Property-level operating expenses | — |
| | 230,908 |
| | 36,293 |
| | — |
| | 267,201 |
| Medical office building services costs | — |
| | — |
| | 1,639 |
| | — |
| | 1,639 |
| Segment NOI | 213,645 |
| | 108,262 |
| | 75,021 |
| | 16,103 |
| | 413,031 |
| Income (loss) from unconsolidated entities | 187 |
| | (600 | ) | | 1,342 |
| | — |
| | 929 |
| Segment profit | $ | 213,832 |
| | $ | 107,662 |
| | $ | 76,363 |
| | $ | 16,103 |
| | 413,960 |
| Interest and other income | |
| | |
| | |
| | |
| | 1,038 |
| Interest expense | |
| | |
| | |
| | |
| | (78,634 | ) | Depreciation and amortization | |
| | |
| | |
| | |
| | (175,468 | ) | General, administrative and professional fees | |
| | |
| | |
| | |
| | (28,774 | ) | Merger-related expenses and deal costs | |
| | |
| | |
| | |
| | (4,262 | ) | Other | |
| | |
| | |
| | |
| | (4,587 | ) | Income tax expense | |
| | |
| | |
| | |
| | (1,744 | ) | Discontinued operations | |
| | |
| | |
| | |
| | (8,431 | ) | Net income | |
| | |
| | |
| | |
| | $ | 113,098 |
|
|