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Concentration of Credit Risk (Tables) | 6 Months Ended
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Jun. 30, 2016
Summary of consolidated financial information (in millions) |
|  | June 30, |  | December 31, |
|  | 2016 |  | 2015 |
Real estate and other property, net |  | $ | 2,582.6 |  | $ | 2,628.5 |
Cash and cash equivalents |  |  | 174.4 |  |  | 125.0 |
Goodwill, intangible and other assets, net |  |  | 4,518.5 |  |  | 4,598.3 |
Total assets |  | $ | 7,275.5 |  | $ | 7,351.8 |
Debt and financing obligations |  | $ | 5,775.0 |  | $ | 5,836.4 |
Accounts payable, accrued liabilities and other |  |  | 1,001.9 |  |  | 982.9 |
Redeemable preferred stock |  |  | 2.1 |  |  | 2.1 |
Total equity |  |  | 496.5 |  |  | 530.4 |
Total liabilities and equity |  | $ | 7,275.5 |  | $ | 7,351.8 |
|  | Three Months Ended June 30, |  | Six Months Ended June 30, |
|  | 2016 |  | 2015 |  | 2016 |  | 2015 |
Revenues |  | $ | 957.7 |  | $ | 1,027.5 |  | $ | 1,942.2 |  | $ | 2,081.5 |
Operating, general and administrative expense |  |  | (831.4) |  |  | (884.2) |  |  | (1,688.6) |  |  | (1,782.1) |
Depreciation and amortization expense |  |  | (32.6) |  |  | (35.4) |  |  | (65.1) |  |  | (71.3) |
Interest expense |  |  | (115.1) |  |  | (119.9) |  |  | (230.2) |  |  | (220.2) |
Other income, net |  |  | 4.8 |  |  | 2.1 |  |  | 8.3 |  |  | 4.9 |
Loss on disposal of assets |  |  | (5.9) |  |  | — |  |  | (2.6) |  |  | — |
Impairment |  |  | (6.0) |  |  | — |  |  | (6.0) |  |  | — |
(Loss) income from continuing operations before income tax benefit (expense) |  |  | (28.5) |  |  | (9.9) |  |  | (42.0) |  |  | 12.8 |
Income tax benefit (expense) |  |  | 5.3 |  |  | 4.5 |  |  | 8.2 |  |  | (5.6) |
(Loss) income from continuing operations |  |  | (23.2) |  |  | (5.4) |  |  | (33.8) |  |  | 7.2 |
Loss from discontinued operations, net of taxes |  |  | (0.1) |  |  | (7.1) |  |  | — |  |  | (6.0) |
Net (loss) income |  | $ | (23.3) |  | $ | (12.5) |  | $ | (33.8) |  | $ | 1.2 |
Tenants and Operators |
Schedule of concentration of credit risk |
|  | Percentage of |  | Percentage of |
|  | Total Company Gross Assets |  | Total Company Revenues |
|  | June 30, |  | December 31, |  | Three Months Ended June 30, |  | Six Months Ended June 30, |
Operators |  | 2016 |  | 2015 |  | 2016 |  | 2015 |  | 2016 |  | 2015 |
HCRMC |  | 24 | % | 23 | % | 18 | % | 23 | % | 18 | % | 24 | %
Brookdale |  | 13 | % | 12 | % | 9 | % | 10 | % | 10 | % | 10 | %
Tenants and Operators | Senior housing |
Schedule of concentration of credit risk |
|  | Percentage of |  | Percentage of |
|  | Senior Housing Gross Assets |  | Senior Housing Revenues |
|  | June 30, |  | December 31, |  | Three Months Ended June 30, |  | Six Months Ended June 30, |
Operators |  | 2016 |  | 2015 |  | 2016 |  | 2015 |  | 2016 |  | 2015 |
Brookdale |  | 28 | % | 28 | % | 20 | % | 25 | % | 21 | % | 25 | %
HCRMC |  | 12 | % | 12 | % | 6 | % | 8 | % | 6 | % | 8 | %
Tenants and Operators | Post-acute/skilled nursing |
Schedule of concentration of credit risk |
|  | Percentage of Post-Acute/ |  | Percentage of Post-Acute/ |
|  | Skilled Nursing Gross Assets |  | Skilled Nursing Revenues |
|  | June 30, |  | December 31, |  | Three Months Ended June 30, |  | Six Months Ended June 30, |
Operators |  | 2016 |  | 2015 |  | 2016 |  | 2015 |  | 2016 |  | 2015 |
HCRMC |  | 79 | % | 64 | % | 78 | % | 78 | % | 78 | % | 79 | %

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