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Dispositions of Real Estate and Discontinued Operations (Tables) | 12 Months Ended
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Dec. 31, 2022
Discontinued Operations and Disposal Groups [Abstract] |
Summary of Dispositions of Real Estate and Discontinued Operations | The following summarizes the assets and liabilities classified as held for sale or as discontinued operations at December 31, 2022 and 2021, which are included in assets held for sale and discontinued operations, net and liabilities related to assets held for sale and discontinued operations, net, respectively, on the Consolidated Balance Sheets (in thousands):
| December 31,
| 2022 |  | 2021
ASSETS |  |  |
Accounts receivable, net of allowance of $0 and $4,138 | $ | — |  |  | $ | 2,446 |
Cash and cash equivalents | — |  |  | 7,707 |
Right-of-use asset, net | — |  |  | 26 |
Other assets, net | — |  |  | 3,237 |
Total assets of discontinued operations, net | — |  |  | 13,416 |
Assets held for sale, net(1) | 49,866 |  |  | 23,774 |
Assets held for sale and discontinued operations, net | $ | 49,866 |  |  | $ | 37,190 |
LIABILITIES |  |  |
Lease liability | $ | — |  |  | $ | 26 |
Accounts payable, accrued liabilities, and other liabilities | — |  |  | 14,843 |
Deferred revenue | — |  |  | 92 |
Total liabilities of discontinued operations, net | — |  |  | 14,961 |
Liabilities related to assets held for sale, net(1) | 4,070 |  |  | 95 |
Liabilities related to assets held for sale and discontinued operations, net | $ | 4,070 |  |  | $ | 15,056 |
_______________________________________ (1)As of December 31, 2022, included two life science assets primarily comprised of net real estate assets of $44 million. As of December 31, 2021, included four MOBs and one life science facility primarily comprised of net real estate assets of $23 million.
| Year Ended December 31,
| 2022 |  | 2021 |  | 2020
Revenues: |  |  |  |  |
Rental and related revenues | $ | — |  |  | $ | 7,535 |  |  | $ | 97,877 |
Resident fees and services | 7,489 |  |  | 114,936 |  |  | 621,253 |
Total revenues | 7,489 |  |  | 122,471 |  |  | 719,130 |
Costs and expenses: |  |  |  |  |
Interest expense | — |  |  | 3,900 |  |  | 10,538 |
Depreciation and amortization | — |  |  | — |  |  | 143,194 |
Operating | 6,452 |  |  | 122,571 |  |  | 550,226 |
Transaction costs | — |  |  | 76 |  |  | 20,426 |
Impairments and loan loss reserves (recoveries), net | — |  |  | 32,736 |  |  | 201,344 |
Total costs and expenses | 6,452 |  |  | 159,283 |  |  | 925,728 |
Other income (expense): |  |  |  |  |
Gain (loss) on sales of real estate, net | 1,344 |  |  | 414,721 |  |  | 460,144 |
Other income (expense), net | 169 |  |  | 4,189 |  |  | 5,475 |
Total other income (expense), net | 1,513 |  |  | 418,910 |  |  | 465,619 |
Income (loss) before income taxes and equity income (loss) from unconsolidated joint ventures | 2,550 |  |  | 382,098 |  |  | 259,021 |
Income tax benefit (expense) | 270 |  |  | 969 |  |  | 9,913 |
Equity income (loss) from unconsolidated joint ventures | 64 |  |  | 5,135 |  |  | (1,188) |
Income (loss) from discontinued operations | $ | 2,884 |  |  | $ | 388,202 |  |  | $ | 267,746 |

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