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Major Operators
9 Months Ended
Sep. 30, 2015
Major Operators  
Major Operators

8.Major Operators

 

We have three operators from each of which we derive approximately 10% of our combined rental revenue and interest income from mortgage loans. Additionally, we have one operator from which we would have derived over 10% of our combined rental revenue and interest income from mortgage loans if we had acquired the portfolio of 10 assisted living properties at the beginning of 2015. The following table sets forth information regarding our major operators as of September 30, 2015:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of

 

Number of

 

Percentage of

 

 

 

 

SNF

 

ALF

 

ROC

 

SNF

 

ALF

 

Total

 

 

Total

 

 

Operator

 

Properties

 

Properties

 

Properties

 

Beds

 

Units

 

revenue (1)

 

 

assets

 

 

Prestige (2)

    

16

    

 —

    

2

    

2,215

    

211

    

14.9

%  

    

15.7

%

 

Brookdale (3)

 

 —

 

37

 

 —

 

 —

 

1,704

 

11.9

%  

 

6.6

%

 

Senior Care (2)

 

9

 

 —

 

 —

 

1,190

 

 —

 

9.4

%  

 

8.2

%

 

Senior Lifestyle

 

 —

 

27

 

 —

 

 —

 

1,631

 

7.9

%

 

14.9

%

 

Totals

 

25

 

64

 

2

 

3,405

 

3,546

 

44.1

%  

 

45.4

%

 


(1)

Includes rental income and interest income from mortgage loans.

 

(2)

A privately held company.

 

(3)

A subsidiary of Brookdale Senior Living, Inc.

 

Our financial position and ability to make distributions may be adversely affected if Prestige Healthcare, Brookdale Communities, Senior Care, Senior Lifestyle, 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, or in the event any such operator does not renew and/or extend its relationship with us or our borrowers when it expires.