	For the Three Months Ended June 30, 2014
	Triple Net Leased Senior Living Communities			Managed Senior Living Communities			MOBs			All Other Operations			Consolidated

Revenues:
Rental income	$	55,166		$	—		$	68,027		$	4,476		$	127,669
Residents fees and services	—			79,039			—			—			79,039
Total revenues	55,166			79,039			68,027			4,476			206,708

Expenses:
Property operating expenses	—			60,624			19,162			—			79,786
Depreciation	15,515			8,333			21,907			948			46,703
General and administrative	—			—			—			9,577			9,577
Acquisition related costs	—			—			—			2,512			2,512
Total expenses	15,515			68,957			41,069			13,037			138,578

Operating income (loss)	39,651			10,082			26,958			(8,561		)	68,130

Interest and other income	—			—			—			154			154
Interest expense	(6,472		)	(2,806		)	(1,507		)	(23,327		)	(34,112		)
Income (loss) before income tax expense and equity in earnings of an investee	33,179			7,276			25,451			(31,734		)	34,172
Income tax expense	—			—			—			(155		)	(155		)
Equity in earnings of an investee	—			—			—			118			118
Income (loss) from continuing operations	33,179			7,276			25,451			(31,771		)	34,135
Discontinued operations:
Income from discontinued operations	—			—			741			—			741
Impairment of assets from discontinued operations	—			—			387			—			387
Income (loss) before gain on sale of properties	33,179			7,276			26,579			(31,771		)	35,263
Gain on sale of properties	2,396			—			—			—			2,396
Net income (loss)	$	35,575		$	7,276		$	26,579		$	(31,771	)	$	37,659

Total assets	$	1,806,867		$	922,557		$	2,967,167		$	320,264		$	6,016,855

	For the Three Months Ended June 30, 2013
	Triple Net Leased Senior Living Communities			Managed Senior Living Communities			MOBs			All Other Operations			Consolidated

Revenues:
Rental income	$	56,957		$	—		$	50,899		$	4,441		$	112,297
Residents fees and services	—			74,631			—			—			74,631
Total revenues	56,957			74,631			50,899			4,441			186,928

Expenses:
Property operating expenses	—			58,231			16,253			—			74,484
Depreciation	17,019			7,028			13,301			948			38,296
General and administrative	—			—			—			8,168			8,168
Acquisition related costs	—			—			—			292			292
Impairment of assets	4,371			—			—			—			4,371
Total expenses	21,390			65,259			29,554			9,408			125,611

Operating income (loss)	35,567			9,372			21,345			(4,967		)	61,317

Interest and other income	—			—			—			397			397
Interest expense	(6,596		)	(3,073		)	(1,387		)	(18,511		)	(29,567		)
Loss on early extinguishment of debt	—			—			—			(105		)	(105		)
Income (loss) before income tax expense and equity in earnings of an investee	28,971			6,299			19,958			(23,186		)	32,042
Income tax expense	—			—			—			(140		)	(140		)
Equity in earnings of an investee	—			—			—			79			79
Income (loss) from continuing operations	28,971			6,299			19,958			(23,247		)	31,981
Discontinued operations:
Income from discontinued operations	—			—			1,513			—			1,513
Impairment of assets from discontinued operations	—			—			(27,896		)	—			(27,896		)
Net income (loss)	$	28,971		$	6,299		$	(6,425	)	$	(23,247	)	$	5,598

Total assets	$	1,829,372		$	964,610		$	1,742,120		$	212,529		$	4,748,631

	For the Six Months Ended June 30, 2014
	Triple Net Leased Senior Living Communities			Managed Senior Living Communities			MOBs			All Other Operations			Consolidated

Revenues:
Rental income	$	110,055		$	—		$	120,791		$	8,878		$	239,724
Residents fees and services	—			158,481			—			—			158,481
Total revenues	110,055			158,481			120,791			8,878			398,205

Expenses:
Property operating expenses	—			121,412			36,178			—			157,590
Depreciation	31,152			16,488			35,522			1,896			85,058
General and administrative	—			—			—			17,866			17,866
Acquisition related costs	—			—			—			2,635			2,635
Total expenses	31,152			137,900			71,700			22,397			263,149

Operating income (loss)	78,903			20,581			49,091			(13,519		)	135,056

Interest and other income	—			—			—			258			258
Interest expense	(12,860		)	(5,794		)	(2,844		)	(41,514		)	(63,012		)
Income (loss) before income tax expense and equity in earnings of an investee	66,043			14,787			46,247			(54,775		)	72,302
Income tax expense	—			—			—			(346		)	(346		)
Equity in earnings of an investee	—			—			—			21			21
Income (loss) from continuing operations	66,043			14,787			46,247			(55,100		)	71,977
Discontinued operations:
Income from discontinued operations	—			—			2,041			—			2,041
Impairment of assets from discontinued operations	—			—			(334		)	—			(334		)
Income (loss) before gain on sale of properties	66,043			14,787			47,954			(55,100		)	73,684
Gain on sale of properties	2,552			—			—			—			2,552
Net income (loss)	$	68,595		$	14,787		$	47,954		$	(55,100	)	$	76,236

Total assets	$	1,806,867		$	922,557		$	2,967,167		$	320,264		$	6,016,855

	For the Six Months Ended June 30, 2013
	Triple Net Leased Senior Living Communities			Managed Senior Living Communities			MOBs			All Other Operations			Consolidated

Revenues:
Rental income	$	113,723		$	—		$	101,582		$	8,845		$	224,150
Residents fees and services	—			149,687			—			—			149,687
Total revenues	113,723			149,687			101,582			8,845			373,837

Expenses:
Property operating expenses	—			116,135			32,028			—			148,163
Depreciation	33,936			13,877			26,290			1,896			75,999
General and administrative	—			—			—			16,816			16,816
Acquisition related costs	—			—			—			2,187			2,187
Impairment of assets	4,371			—			—			1,304			5,675
Total expenses	38,307			130,012			58,318			22,203			248,840

Operating income (loss)	75,416			19,675			43,264			(13,358		)	124,997

Interest and other income	—			—			—			570			570
Interest expense	(13,060		)	(6,141		)	(2,734		)	(37,196		)	(59,131		)
Loss on early extinguishment of debt	—			—			—			(105		)	(105		)
Income (loss) before income tax expense and equity in earnings of an investee	62,356			13,534			40,530			(50,089		)	66,331
Income tax expense	—			—			—			(280		)	(280		)
Equity in earnings of an investee	—			—			—			155			155
Income (loss) from continuing operations	62,356			13,534			40,530			(50,214		)	66,206
Discontinued operations:
Income from discontinued operations	—			—			2,523			—			2,523
Impairment of assets from discontinued operations	—			—			(27,896		)	—			(27,896		)
Net income (loss)	$	62,356		$	13,534		$	15,157		$	(50,214	)	$	40,833

Total assets	$	1,829,372		$	964,610		$	1,742,120		$	212,529		$	4,748,631