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Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

Schedule of segment reporting information

						For the Three Months Ended June 30, 2022
						Office Portfolio						SHOP						Non-Segment						Consolidated
Revenues:
Rental income						$	52,610					$	—					$	9,912					$	62,522
Residents fees and services						—						250,506						—						250,506
Total revenues						52,610						250,506						9,912						313,028
Expenses:
Property operating expenses						22,026						244,040						—						266,066
Depreciation and amortization						17,997						37,369						2,895						58,261
General and administrative						—						—						7,207						7,207
Acquisition and certain other transaction related costs						—						—						609						609
Total expenses						40,023						281,409						10,711						332,143
(Loss) gain on sale of properties						(1,226)						540						—						(686)
Losses on equity securities, net						—						—						(10,157)						(10,157)
Interest and other income						—						760						1,506						2,266
Interest expense						(216)						(491)						(55,268)						(55,975)
Gain (loss) on modification or early extinguishment of debt						16						—						(29,576)						(29,560)
Income (loss) from continuing operations before income tax benefit and equity in earnings of investees						11,161						(30,094)						(94,294)						(113,227)
Income tax benefit						—						—						640						640
Equity in earnings of investees						3,204						—						—						3,204
Net income (loss)						$	14,365					$	(30,094)					$	(93,654)					$	(109,383)

						For the Six Months Ended June 30, 2022
						Office Portfolio						SHOP						Non-Segment						Consolidated
Revenues:
Rental income						$	107,607					$	—					$	20,200					$	127,807
Residents fees and services						—						495,954						—						495,954
Total revenues						107,607						495,954						20,200						623,761
Expenses:
Property operating expenses						45,473						489,335						—						534,808
Depreciation and amortization						36,387						73,352						5,781						115,520
General and administrative						—						—						14,492						14,492
Acquisition and certain other transaction related costs						—						—						1,537						1,537
Total expenses						81,860						562,687						21,810						666,357
Gain on sale of properties						326,316						792						—						327,108
Losses on equity securities, net						—						—						(18,710)						(18,710)
Interest and other income						—						959						1,702						2,661
Interest expense						(581)						(985)						(111,540)						(113,106)
Gain (loss) on modification or early extinguishment of debt						16						—						(30,059)						(30,043)
Income (loss) from continuing operations before income tax expense and equity in earnings of investees						351,498						(65,967)						(160,217)						125,314
Income tax expense						—						—						(832)						(832)
Equity in earnings of investees						6,558						—						—						6,558
Net income (loss)						$	358,056					$	(65,967)					$	(161,049)					$	131,040

						As of June 30, 2022
						Office Portfolio						SHOP						Non-Segment						Consolidated
Total assets						$	1,892,417					$	3,001,413					$	1,252,034					$	6,145,864

						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 modification or 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 modification or 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 December 31, 2021
			Office Portfolio						SHOP						Non-Segment						Consolidated
Total assets			$	2,282,652					$	2,995,819					$	1,345,043					$	6,623,514

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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://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 https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

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- References

No definition available.

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