XML 40 R28.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Segment Reporting (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2014
Segment Reporting |
Schedule of segment reporting information |
|  | For the Year Ended December 31, 2014 |
|  | Triple Net |  | Managed |  |  |  |  |  |  |  |  |  |
|  | Senior Living |  | Senior Living |  |  |  |  | All Other |  |  |  |
|  | Communities |  | Communities |  | MOBs |  | Operations |  | Consolidated |
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Rental income |  | $ | 230,718 |  | $ | — |  | $ | 278,041 |  | $ | 17,944 |  | $ | 526,703 |
Residents fees and services |  |  | — |  |  | 318,184 |  |  | — |  |  | — |  |  | 318,184 |
Total revenues |  |  | 230,718 |  |  | 318,184 |  |  | 278,041 |  |  | 17,944 |  |  | 844,887 |
Expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Property operating expenses |  |  | — |  |  | 245,093 |  |  | 79,471 |  |  | — |  |  | 324,564 |
Depreciation |  |  | 61,825 |  |  | 32,462 |  |  | 87,312 |  |  | 3,792 |  |  | 185,391 |
General and administrative |  |  | — |  |  | — |  |  | — |  |  | 38,946 |  |  | 38,946 |
Acquisition related costs |  |  | — |  |  | — |  |  | — |  |  | 4,607 |  |  | 4,607 |
Impairment of assets |  |  | (10) |  |  | — |  |  | — |  |  | — |  |  | (10) |
Total expenses |  |  | 61,815 |  |  | 277,555 |  |  | 166,783 |  |  | 47,345 |  |  | 553,498 |
Operating income (loss) |  |  | 168,903 |  |  | 40,629 |  |  | 111,258 |  |  | (29,401) |  |  | 291,389 |
Interest and other income |  |  | — |  |  | — |  |  | — |  |  | 425 |  |  | 425 |
Interest expense |  |  | (25,473) |  |  | (10,599) |  |  | (5,844) |  |  | (93,198) |  |  | (135,114) |
Gain (loss) on early extinguishment of debt |  |  | 128 |  |  | (140) |  |  | — |  |  | — |  |  | (12) |
Income (loss) before income tax expense and equity in earnings of an investee |  |  | 143,558 |  |  | 29,890 |  |  | 105,414 |  |  | (122,174) |  |  | 156,688 |
Income tax expense |  |  | — |  |  | — |  |  | — |  |  | (576) |  |  | (576) |
Equity in earnings of an investee |  |  | — |  |  | — |  |  | — |  |  | 87 |  |  | 87 |
Income (loss) from continuing operations |  |  | 143,558 |  |  | 29,890 |  |  | 105,414 |  |  | (122,663) |  |  | 156,199 |
Discontinued Operations: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Income from discontinued operations |  |  | — |  |  | — |  |  | 1,362 |  |  | — |  |  | 1,362 |
Impairment of assets from discontinued operations |  |  | — |  |  | — |  |  | (4,377) |  |  | — |  |  | (4,377) |
Income before gain on sale of properties |  |  | 143,558 |  |  | 29,890 |  |  | 102,399 |  |  | (122,663) |  |  | 153,184 |
Gain on sale of properties |  |  | 5,453 |  |  | — |  |  | — |  |  | — |  |  | 5,453 |
Net income (loss) |  | $ | 149,011 |  | $ | 29,890 |  | $ | 102,399 |  | $ | (122,663) |  | $ | 158,637 |
Total assets |  | $ | 1,777,684 |  | $ | 961,618 |  | $ | 2,922,623 |  | $ | 306,344 |  | $ | 5,968,269 |
|  | For the Year Ended December 31, 2013 |
|  | Triple Net |  | Managed |  |  |  |  |  |  |  |  |  |
|  | Senior Living |  | Senior Living |  |  |  |  | All Other |  |  |  |
|  | Communities |  | Communities |  | MOBs |  | 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 loss 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 |  | Managed |  |  |  |  |  |  |  |  |  |
|  | Senior Living |  | Senior Living |  |  |  |  | All Other |  |  |  |
|  | Communities |  | Communities |  | MOBs |  | 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 gain 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 |

X
- 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=35741047&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 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration