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Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2013

Segment Reporting

Schedule of segment reporting information

		For the Year Ended December 31, 2013
		Triple Net Senior Living Communities			Managed Senior Living Communities			MOBs			All Other Operations			Consolidated
Revenues:
Rental income		$	237,209		$	—		$	204,594		$	17,577		$	459,380
Residents fees and services			—			302,058			—			—			302,058
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Total revenues			237,209			302,058			204,594			17,577			761,438
Expenses:
Property operating expenses			—			233,711			66,167			—			299,878
Depreciation			66,854			28,972			53,408			3,792			153,026
General and administrative			—			—			—			32,657			32,657
Acquisition related costs			—			—			—			3,378			3,378
Impairment of assets			6,685			—			—			1,304			7,989
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Total expenses			73,539			262,683			119,575			41,131			496,928
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Operating income (loss)			163,670			39,375			85,019			(23,554	)		264,510
Interest and other income			—			—			—			711			711
Interest expense			(26,501	)		(12,217	)		(5,466	)		(73,635	)		(117,819	)
Loss on early extinguishment of debt			—			—			—			(797	)		(797	)
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Income (loss) before income tax expense and equity in earnings of an investee			137,169			27,158			79,553			(97,275	)		146,605
Income tax expense			—			—			—			(600	)		(600	)
Equity in earnings of an investee			—			—			—			334			334
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Income (loss) from continuing operations			137,169			27,158			79,553			(97,541	)		146,339
Discontinued Operations:
Income from discontinued operations			—			—			5,043			—			5,043
Impairment of assets from discontinued operations			—			—			(37,610	)		—			(37,610	)
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Income before gain on sale of properties			137,169			27,158			46,986			(97,541	)		113,772
Gain on sale of properties			37,392			—			—			—			37,392
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Net income (loss)		$	174,561		$	27,158		$	46,986		$	(97,541	)	$	151,164
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Total assets		$	1,778,591		$	979,152		$	1,727,497		$	279,426		$	4,764,666
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​

		For the Year Ended December 31, 2012
		Triple Net Senior Living Communities			Managed Senior Living Communities			MOBs			All Other Operations			Consolidated
Revenues:
Rental income		$	246,948		$	—		$	186,065		$	17,756		$	450,769
Residents fees and services			—			184,031			—			—			184,031
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Total revenues			246,948			184,031			186,065			17,756			634,800
Expenses:
Property operating expenses			—			138,819			58,877			—			197,696
Depreciation			68,419			19,437			47,394			3,792			139,042
General and administrative			—			—			—			31,517			31,517
Acquisition related costs			—			—			—			9,394			9,394
Impairment of assets			—			—			3,071			—			3,071
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Total expenses			68,419			158,256			109,342			44,703			380,720
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Operating income (loss)			178,529			25,775			76,723			(26,947	)		254,080
Interest and other income			—			—			—			1,117			1,117
Interest expense			(35,530	)		(11,769	)		(3,255	)		(66,686	)		(117,240	)
Loss on early extinguishment of debt			—			—			—			(6,349	)		(6,349	)
Gain on lease terminations			375			—			—			—			375
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Income (loss) before income tax expense and equity in earnings of an investee			143,374			14,006			73,468			(98,865	)		131,983
Income tax expense			—			—			—			(375	)		(375	)
Equity in earnings of an investee			—			—			—			316			316
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Income (loss) from continuing operations			143,374			14,006			73,468			(98,924	)		131,924
Discontinued Operations:
Income from discontinued operations			—			—			4,061			—			4,061
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Income before loss on sale of properties			143,374			14,006			77,529			(98,924	)		135,985
Loss on sale of properties			—			—			(101	)		—			(101	)
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Net income (loss)		$	143,374		$	14,006		$	77,428		$	(98,924	)	$	135,884
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Total assets		$	1,817,253		$	949,974		$	1,684,434		$	296,341		$	4,748,002
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​

		For the Year Ended December 31, 2011
		Triple Net Senior Living Communities			Managed Senior Living Communities			MOBs			All Other Operations			Consolidated
Revenues:
Rental income		$	242,652		$	—		$	151,823		$	17,705		$	412,180
Residents fees and services			—			27,851			—			—			27,851
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Total revenues			242,652			27,851			151,823			17,705			440,031
Expenses:
Property operating expenses			—			21,639			43,761			—			65,400
Depreciation			68,429			2,591			36,147			3,792			110,959
General and administrative			—			—			—			26,041			26,041
Acquisition related costs			—			—			—			12,239			12,239
Impairment of assets			1,028			—			962			—			1,990
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Total expenses			69,457			24,230			80,870			42,072			216,629
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Operating income (loss)			173,195			3,621			70,953			(24,367	)		223,402
Interest and other income			—			—			—			1,451			1,451
Interest expense			(41,510	)		(2,352	)		(996	)		(53,404	)		(98,262	)
Loss on early extinguishment of debt			—			—			—			(427	)		(427	)
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Income (loss) before income tax expense and equity in earnings of an investee			131,685			1,269			69,957			(76,747	)		126,164
Income tax expense			—			—			—			(312	)		(312	)
Equity in earnings of an investee			—			—			—			139			139
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Income (loss) from continuing operations			131,685			1,269			69,957			(76,920	)		125,991
Discontinued Operations:
Income from discontinued operations			—			—			4,113			—			4,113
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Income before gain on sale of properties			131,685			1,269			74,070			(76,920	)		130,104
Gain on sale of properties			21,236			—			79			—			21,315
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Net income (loss)		$	152,921		$	1,269		$	74,149		$	(76,920	)	$	151,419
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
Total assets		$	1,818,469		$	643,063		$	1,487,364		$	434,152		$	4,383,048
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​	​

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 21

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8721-108599



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 25

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8813-108599



Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 20

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267



Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 30

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599



Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 22

-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8736-108599

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