XML 35 R23.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Segment Reporting (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2018
Segment Reporting [Abstract] |
Schedule of segment reporting information |
|  | For the Three Months Ended September 30, 2018
|  | MOBs |  | Triple Net Leased Senior Living Communities |  | Managed Senior Living Communities |  | All Other Operations |  | Consolidated
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Rental income |  | $ | 104,492 |  |  | $ | 64,538 |  |  | $ | — |  |  | $ | 4,618 |  |  | $ | 173,648 |
Residents fees and services |  | — |  |  | — |  |  | 105,321 |  |  | — |  |  | 105,321 |
Total revenues |  | 104,492 |  |  | 64,538 |  |  | 105,321 |  |  | 4,618 |  |  | 278,969 |
Expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Property operating expenses |  | 32,652 |  |  | — |  |  | 83,335 |  |  | — |  |  | 115,987 |
Depreciation and amortization |  | 35,223 |  |  | 20,148 |  |  | 15,341 |  |  | 949 |  |  | 71,661 |
General and administrative |  | — |  |  | — |  |  | — |  |  | 31,032 |  |  | 31,032 |
Acquisition and certain other transaction related costs |  | — |  |  | — |  |  | — |  |  | 51 |  |  | 51 |
Impairment of assets |  | — |  |  | 4,525 |  |  | — |  |  | — |  |  | 4,525 |
Total expenses |  | 67,875 |  |  | 24,673 |  |  | 98,676 |  |  | 32,032 |  |  | 223,256 |
Dividend income |  | — |  |  | — |  |  | — |  |  | 660 |  |  | 660 |
Unrealized gains and losses on equity securities, net |  | — |  |  | — |  |  | — |  |  | 35,137 |  |  | 35,137 |
Interest and other income |  | — |  |  | — |  |  | — |  |  | 248 |  |  | 248 |
Interest expense |  | (6,172 | ) |  | (327 | ) |  | (997 | ) |  | (37,920 | ) |  | (45,416 | )
Gain on early extinguishment of debt |  | — |  |  | 76 |  |  | 32 |  |  | — |  |  | 108 |
Income (loss) from continuing operations before income tax expense and equity in earnings of an investee |  | 30,445 |  |  | 39,614 |  |  | 5,680 |  |  | (29,289 | ) |  | 46,450 |
Income tax expense |  | — |  |  | — |  |  | — |  |  | (79 | ) |  | (79 | )
Equity in earnings of an investee |  | — |  |  | — |  |  | — |  |  | 831 |  |  | 831 |
Net income (loss) |  | 30,445 |  |  | 39,614 |  |  | 5,680 |  |  | (28,537 | ) |  | 47,202 |
Net income attributable to noncontrolling interest |  | (1,397 | ) |  | — |  |  | — |  |  | — |  |  | (1,397 | )
Net income (loss) attributable to common shareholders |  | $ | 29,048 |  |  | $ | 39,614 |  |  | $ | 5,680 |  |  | $ | (28,537 | ) |  | $ | 45,805 |
|  | For the Nine Months Ended September 30, 2018
|  | MOBs |  | Triple Net Leased Senior Living Communities |  | Managed Senior Living Communities |  | All Other Operations |  | Consolidated
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Rental income |  | $ | 309,497 |  |  | $ | 198,626 |  |  | $ | — |  |  | $ | 13,838 |  |  | $ | 521,961 |
Residents fees and services |  | — |  |  | — |  |  | 309,981 |  |  | — |  |  | 309,981 |
Total revenues |  | 309,497 |  |  | 198,626 |  |  | 309,981 |  |  | 13,838 |  |  | 831,942 |
Expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Property operating expenses |  | 94,773 |  |  | — |  |  | 239,368 |  |  | — |  |  | 334,141 |
Depreciation and amortization |  | 105,934 |  |  | 60,529 |  |  | 44,993 |  |  | 2,844 |  |  | 214,300 |
General and administrative |  | — |  |  | — |  |  | — |  |  | 85,228 |  |  | 85,228 |
Acquisition and certain other transaction related costs |  | — |  |  | — |  |  | — |  |  | 138 |  |  | 138 |
Impairment of assets |  | — |  |  | 5,073 |  |  | — |  |  | — |  |  | 5,073 |
Total expenses |  | 200,707 |  |  | 65,602 |  |  | 284,361 |  |  | 88,210 |  |  | 638,880 |
Gain on sale of properties |  | — |  |  | 261,916 |  |  | — |  |  | — |  |  | 261,916 |
Dividend income |  | — |  |  | — |  |  | — |  |  | 1,978 |  |  | 1,978 |
Unrealized gains and losses on equity securities, net |  | — |  |  | — |  |  | — |  |  | 85,643 |  |  | 85,643 |
Interest and other income |  | — |  |  | — |  |  | — |  |  | 362 |  |  | 362 |
Interest expense |  | (18,194 | ) |  | (1,463 | ) |  | (3,580 | ) |  | (110,544 | ) |  | (133,781 | )
Gain (loss) on early extinguishment of debt |  | — |  |  | 76 |  |  | (98 | ) |  | — |  |  | (22 | )
Income (loss) from continuing operations before income tax expense and equity in earnings of an investee |  | 90,596 |  |  | 393,553 |  |  | 21,942 |  |  | (96,933 | ) |  | 409,158 |
Income tax expense |  | — |  |  | — |  |  | — |  |  | (444 | ) |  | (444 | )
Equity in earnings of an investee |  | — |  |  | — |  |  | — |  |  | 882 |  |  | 882 |
Net income (loss) |  | 90,596 |  |  | 393,553 |  |  | 21,942 |  |  | (96,495 | ) |  | 409,596 |
Net income attributable to noncontrolling interest |  | (4,181 | ) |  | — |  |  | — |  |  | — |  |  | (4,181 | )
Net income (loss) attributable to common shareholders |  | $ | 86,415 |  |  | $ | 393,553 |  |  | $ | 21,942 |  |  | $ | (96,495 | ) |  | $ | 405,415 |
|  | As of September 30, 2018
|  | MOBs |  | Triple Net Leased Senior Living Communities |  | Managed Senior Living Communities |  | All Other Operations |  | Consolidated
Total assets |  | $ | 3,408,381 |  |  | $ | 2,121,134 |  |  | $ | 1,351,382 |  |  | $ | 572,547 |  |  | $ | 7,453,444 |
|  | For the Three Months Ended September 30, 2017
|  | MOBs |  | Triple Net Leased Senior Living Communities |  | Managed Senior Living Communities |  | All Other Operations |  | Consolidated
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Rental income |  | $ | 96,116 |  |  | $ | 67,662 |  |  | $ | — |  |  | $ | 4,570 |  |  | $ | 168,348 |
Residents fees and services |  | — |  |  | — |  |  | 98,325 |  |  | — |  |  | 98,325 |
Total revenues |  | 96,116 |  |  | 67,662 |  |  | 98,325 |  |  | 4,570 |  |  | 266,673 |
Expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Property operating expenses |  | 29,158 |  |  | — |  |  | 75,531 |  |  | — |  |  | 104,689 |
Depreciation and amortization |  | 32,351 |  |  | 20,629 |  |  | 12,691 |  |  | 948 |  |  | 66,619 |
General and administrative |  | — |  |  | — |  |  | — |  |  | 19,883 |  |  | 19,883 |
Acquisition and certain other transaction related costs |  | — |  |  | — |  |  | — |  |  | 19 |  |  | 19 |
Total expenses |  | 61,509 |  |  | 20,629 |  |  | 88,222 |  |  | 20,850 |  |  | 191,210 |
Dividend income |  | — |  |  | — |  |  | — |  |  | 659 |  |  | 659 |
Interest and other income |  | — |  |  | — |  |  | — |  |  | 128 |  |  | 128 |
Interest expense |  | (6,172 | ) |  | (655 | ) |  | (1,172 | ) |  | (32,106 | ) |  | (40,105 | )
Loss on early extinguishment of debt |  | — |  |  | — |  |  | — |  |  | (274 | ) |  | (274 | )
Income (loss) from continuing operations before income tax expense and equity in earnings of an investee |  | 28,435 |  |  | 46,378 |  |  | 8,931 |  |  | (47,873 | ) |  | 35,871 |
Income tax expense |  | — |  |  | — |  |  | — |  |  | (109 | ) |  | (109 | )
Equity in earnings of an investee |  | — |  |  | — |  |  | — |  |  | 31 |  |  | 31 |
Net income (loss) |  | 28,435 |  |  | 46,378 |  |  | 8,931 |  |  | (47,951 | ) |  | 35,793 |
Net income attributable to noncontrolling interest |  | (1,379 | ) |  | — |  |  | — |  |  | — |  |  | (1,379 | )
Net income (loss) attributable to common shareholders |  | $ | 27,056 |  |  | $ | 46,378 |  |  | $ | 8,931 |  |  | $ | (47,951 | ) |  | $ | 34,414 |
|  | For the Nine Months Ended September 30, 2017
|  | MOBs |  | Triple Net Leased Senior Living Communities |  | Managed Senior Living Communities |  | All Other Operations |  | Consolidated
Revenues: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Rental income |  | $ | 285,413 |  |  | $ | 202,340 |  |  | $ | — |  |  | $ | 13,684 |  |  | $ | 501,437 |
Residents fees and services |  | — |  |  | — |  |  | 294,748 |  |  | — |  |  | 294,748 |
Total revenues |  | 285,413 |  |  | 202,340 |  |  | 294,748 |  |  | 13,684 |  |  | 796,185 |
Expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Property operating expenses |  | 83,980 |  |  | — |  |  | 224,670 |  |  | — |  |  | 308,650 |
Depreciation and amortization |  | 95,890 |  |  | 61,434 |  |  | 49,295 |  |  | 2,844 |  |  | 209,463 |
General and administrative |  | — |  |  | — |  |  | — |  |  | 57,880 |  |  | 57,880 |
Acquisition and certain other transaction related costs |  | — |  |  | — |  |  | — |  |  | 148 |  |  | 148 |
Impairment of assets |  | — |  |  | — |  |  | — |  |  | 5,082 |  |  | 5,082 |
Total expenses |  | 179,870 |  |  | 61,434 |  |  | 273,965 |  |  | 65,954 |  |  | 581,223 |
Dividend income |  | — |  |  | — |  |  | — |  |  | 1,978 |  |  | 1,978 |
Interest and other income |  | — |  |  | — |  |  | — |  |  | 323 |  |  | 323 |
Interest expense |  | (18,742 | ) |  | (8,205 | ) |  | (3,523 | ) |  | (93,924 | ) |  | (124,394 | )
Loss on early extinguishment of debt |  | (59 | ) |  | (7,294 | ) |  | — |  |  | (274 | ) |  | (7,627 | )
Income (loss) from continuing operations before income tax expense and equity in earnings of an investee |  | 86,742 |  |  | 125,407 |  |  | 17,260 |  |  | (144,167 | ) |  | 85,242 |
Income tax expense |  | — |  |  | — |  |  | — |  |  | (300 | ) |  | (300 | )
Equity in earnings of an investee |  | — |  |  | — |  |  | — |  |  | 533 |  |  | 533 |
Net income (loss) |  | 86,742 |  |  | 125,407 |  |  | 17,260 |  |  | (143,934 | ) |  | 85,475 |
Net income attributable to noncontrolling interest |  | (2,865 | ) |  | — |  |  | — |  |  | — |  |  | (2,865 | )
Net income (loss) attributable to common shareholders |  | $ | 83,877 |  |  | $ | 125,407 |  |  | $ | 17,260 |  |  | $ | (143,934 | ) |  | $ | 82,610 |
| As of December 31, 2017
| MOBs |  | Triple Net Leased Senior Living Communities |  | Managed Senior Living Communities |  | All Other Operations |  | Consolidated
Total assets | $ | 3,367,485 |  |  | $ | 2,251,756 |  |  | $ | 1,273,757 |  |  | $ | 401,021 |  |  | $ | 7,294,019 |

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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration