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Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2021

Segment Reporting [Abstract]

Schedule of segment reporting information

						For the Three Months Ended June 30, 2021
						Office Portfolio						SHOP						Non-Segment						Consolidated
Revenues:
Rental income						$	92,804					$	—					$	9,590					$	102,394
Residents fees and services						—						243,947						—						243,947
Total revenues						92,804						243,947						9,590						346,341
Expenses:
Property operating expenses						31,321						233,311						—						264,632
Depreciation and amortization						32,497						32,538						2,853						67,888
General and administrative						—						—						9,126						9,126
Acquisition and certain other transaction related costs						—						—						12,071						12,071
Total expenses						63,818						265,849						24,050						353,717
Gain on sale of properties						30,760						—						—						30,760
Losses on equity securities, net						—						—						(3,849)						(3,849)
Interest and other income						—						15,748						290						16,038
Interest expense						(5,992)						(525)						(61,140)						(67,657)
Loss on early extinguishment of debt						—						—						(370)						(370)
Income (loss) from continuing operations before income tax expense						53,754						(6,679)						(79,529)						(32,454)
Income tax expense						—						—						(191)						(191)
Net income (loss)						53,754						(6,679)						(79,720)						(32,645)
Net income attributable to noncontrolling interest						(1,577)						—						—						(1,577)
Net income (loss) attributable to common shareholders						$	52,177					$	(6,679)					$	(79,720)					$	(34,222)

						For the Six Months Ended June 30, 2021
						Office Portfolio						SHOP						Non-Segment						Consolidated
Revenues:
Rental income						$	186,127					$	—					$	19,025					$	205,152
Residents fees and services						—						503,913						—						503,913
Total revenues						186,127						503,913						19,025						709,065
Expenses:
Property operating expenses						62,614						489,409						—						552,023
Depreciation and amortization						64,435						63,899						5,707						134,041
General and administrative						—						—						16,668						16,668
Acquisition and certain other transaction related costs						—						—						12,071						12,071
Impairment of assets						—						(174)						—						(174)
Total expenses						127,049						553,134						34,446						714,629
Gain on sale of properties						30,638						—						—						30,638
Losses on equity securities, net						—						—						(12,188)						(12,188)
Interest and other income						—						18,181						692						18,873
Interest expense						(11,931)						(1,053)						(114,764)						(127,748)
Loss on early extinguishment of debt						—						—						(2,410)						(2,410)
Income (loss) from continuing operations before income tax expense						77,785						(32,093)						(144,091)						(98,399)
Income tax expense						—						—						(429)						(429)
Net income (loss)						77,785						(32,093)						(144,520)						(98,828)
Net income attributable to noncontrolling interest						(2,899)						—						—						(2,899)
Net income (loss) attributable to common shareholders						$	74,886					$	(32,093)					$	(144,520)					$	(101,727)

						As of June 30, 2021
						Office Portfolio						SHOP						Non-Segment						Consolidated
Total assets						$	2,997,668					$	2,949,629					$	1,232,555					$	7,179,852

						For the Three Months Ended June 30, 2020
						Office Portfolio						SHOP						Non-Segment						Consolidated
Revenues:
Rental income						$	95,510					$	—					$	10,697					$	106,207
Residents fees and services						—						304,104						—						304,104
Total revenues						95,510						304,104						10,697						410,311
Expenses:
Property operating expenses						30,893						271,022						—						301,915
Depreciation and amortization						32,234						33,773						2,818						68,825
General and administrative						—						—						7,312						7,312
Acquisition and certain other transaction related costs						—						—						87						87
Impairment of assets						538						30,637						—						31,175
Total expenses						63,665						335,432						10,217						409,314
Loss on sale of properties						—						(168)						—						(168)
Gains on equity securities, net						—						—						11,974						11,974
Interest and other income						—						7,346						390						7,736
Interest expense						(6,020)						(560)						(37,394)						(43,974)
Loss on early extinguishment of debt						(155)						—						(26)						(181)
Income (loss) from continuing operations before income tax expense						25,670						(24,710)						(24,576)						(23,616)
Income tax expense						—						—						(1,126)						(1,126)
Net income (loss)						25,670						(24,710)						(25,702)						(24,742)
Net income attributable to noncontrolling interest						(1,330)						—						—						(1,330)
Net income (loss) attributable to common shareholders						$	24,340					$	(24,710)					$	(25,702)					$	(26,072)

						For the Six Months Ended June 30, 2020
						Office Portfolio						SHOP						Non-Segment						Consolidated
Revenues:
Rental income						$	194,280					$	—					$	22,425					$	216,705
Residents fees and services						—						636,073						—						636,073
Total revenues						194,280						636,073						22,425						852,778
Expenses:
Property operating expenses						63,599						554,901						—						618,500
Depreciation and amortization						64,397						66,815						6,043						137,255
General and administrative						—						—						16,144						16,144
Acquisition and certain other transaction related costs						—						—						750						750
Impairment of assets						6,756						35,653						—						42,409
Total expenses						134,752						657,369						22,937						815,058
Gain (loss) on sale of properties						2,782						(168)						—						2,614
Gains on equity securities, net						—						—						2,031						2,031
Interest and other income						—						7,346						528						7,874
Interest expense						(12,072)						(1,124)						(72,428)						(85,624)
Gain on lease termination						—						—						22,896						22,896
Loss on early extinguishment of debt						(401)						—						(26)						(427)
Income (loss) from continuing operations before income tax expense						49,837						(15,242)						(47,511)						(12,916)
Income tax expense						—						—						(683)						(683)
Net income (loss)						49,837						(15,242)						(48,194)						(13,599)
Net income attributable to noncontrolling interest						(2,738)						—						—						(2,738)
Net income (loss) attributable to common shareholders						$	47,099					$	(15,242)					$	(48,194)					$	(16,337)

			As of December 31, 2020
			Office Portfolio						SHOP						Non-Segment						Consolidated
Total assets			$	3,092,289					$	2,912,570					$	471,565					$	6,476,424

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=123359005&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=123359005&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=121556970&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 30
-URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599

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- References

No definition available.

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