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Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2021

Segment Reporting [Abstract]

Schedule of segment reporting information

						For the Three Months Ended September 30, 2021
						Office Portfolio						SHOP						Non-Segment						Consolidated
Revenues:
Rental income						$	91,520					$	—					$	9,883					$	101,403
Residents fees and services						—						236,013						—						236,013
Total revenues						91,520						236,013						9,883						337,416
Expenses:
Property operating expenses						32,386						233,687						—						266,073
Depreciation and amortization						32,142						33,688						2,872						68,702
General and administrative						—						—						8,870						8,870
Acquisition and certain other transaction related costs						—						—						3,108						3,108
Total expenses						64,528						267,375						14,850						346,753
Gain on sale of properties						—						200						—						200
Losses on equity securities, net						—						—						(14,755)						(14,755)
Interest and other income						—						786						190						976
Interest expense						(6,053)						(523)						(57,917)						(64,493)
Income (loss) from continuing operations before income tax expense						20,939						(30,899)						(77,449)						(87,409)
Income tax expense						—						—						(595)						(595)
Net income (loss)						20,939						(30,899)						(78,044)						(88,004)
Net income attributable to noncontrolling interest						(1,339)						—						—						(1,339)
Net income (loss) attributable to common shareholders						$	19,600					$	(30,899)					$	(78,044)					$	(89,343)

						For the Nine Months Ended September 30, 2021
						Office Portfolio						SHOP						Non-Segment						Consolidated
Revenues:
Rental income						$	277,647					$	—					$	28,908					$	306,555
Residents fees and services						—						739,926						—						739,926
Total revenues						277,647						739,926						28,908						1,046,481
Expenses:
Property operating expenses						95,000						723,096						—						818,096
Depreciation and amortization						96,577						97,587						8,579						202,743
General and administrative						—						—						25,538						25,538
Acquisition and certain other transaction related costs						—						—						15,179						15,179
Impairment of assets						—						(174)						—						(174)
Total expenses						191,577						820,509						49,296						1,061,382
Gain on sale of properties						30,638						200						—						30,838
Losses on equity securities, net						—						—						(26,943)						(26,943)
Interest and other income						—						18,967						882						19,849
Interest expense						(17,984)						(1,576)						(172,681)						(192,241)
Loss on early extinguishment of debt						—						—						(2,410)						(2,410)
Income (loss) from continuing operations before income tax expense						98,724						(62,992)						(221,540)						(185,808)
Income tax expense						—						—						(1,024)						(1,024)
Net income (loss)						98,724						(62,992)						(222,564)						(186,832)
Net income attributable to noncontrolling interest						(4,238)						—						—						(4,238)
Net income (loss) attributable to common shareholders						$	94,486					$	(62,992)					$	(222,564)					$	(191,070)

						As of September 30, 2021
						Office Portfolio						SHOP						Non-Segment						Consolidated
Total assets						$	2,990,711					$	2,948,995					$	1,126,342					$	7,066,048

						For the Three Months Ended September 30, 2020
						Office Portfolio						SHOP						Non-Segment						Consolidated
Revenues:
Rental income						$	94,235					$	—					$	10,003					$	104,238
Residents fees and services						—						290,101						—						290,101
Total revenues						94,235						290,101						10,003						394,339
Expenses:
Property operating expenses						33,448						282,202						—						315,650
Depreciation and amortization						32,816						31,570						2,825						67,211
General and administrative						—						—						6,988						6,988
Acquisition and certain other transaction related costs						—						—						53						53
Impairment of assets						1,334						62,868						—						64,202
Total expenses						67,598						376,640						9,866						454,104
Loss on sale of properties						(169)						(42)						—						(211)
Gains on equity securities, net						—						—						12,510						12,510
Interest and other income						—						—						134						134
Interest expense						(6,068)						(552)						(51,471)						(58,091)
Income (loss) from continuing operations before income tax expense						20,400						(87,133)						(38,690)						(105,423)
Income tax expense						—						—						(365)						(365)
Net income (loss)						20,400						(87,133)						(39,055)						(105,788)
Net income attributable to noncontrolling interest						(1,100)						—						—						(1,100)
Net income (loss) attributable to common shareholders						$	19,300					$	(87,133)					$	(39,055)					$	(106,888)

						For the Nine Months Ended September 30, 2020
						Office Portfolio						SHOP						Non-Segment						Consolidated
Revenues:
Rental income						$	288,515					$	—					$	32,428					$	320,943
Residents fees and services						—						926,174						—						926,174
Total revenues						288,515						926,174						32,428						1,247,117
Expenses:
Property operating expenses						97,047						837,103						—						934,150
Depreciation and amortization						97,213						98,385						8,868						204,466
General and administrative						—						—						23,132						23,132
Acquisition and certain other transaction related costs						—						—						803						803
Impairment of assets						8,090						98,521						—						106,611
Total expenses						202,350						1,034,009						32,803						1,269,162
Gain (loss) on sale of properties						2,613						(210)						—						2,403
Gains on equity securities, net						—						—						14,541						14,541
Interest and other income						—						7,346						662						8,008
Interest expense						(18,140)						(1,676)						(123,899)						(143,715)
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						70,237						(102,375)						(86,201)						(118,339)
Income tax expense						—						—						(1,048)						(1,048)
Net income (loss)						70,237						(102,375)						(87,249)						(119,387)
Net income attributable to noncontrolling interest						(3,838)						—						—						(3,838)
Net income (loss) attributable to common shareholders						$	66,399					$	(102,375)					$	(87,249)					$	(123,225)

			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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