

	For the Year Ended December 31, 2018
	MOBs			Triple Net Leased Senior Living Communities			Managed Senior Living Communities			All Other Operations			Consolidated
Revenues:
Rental income	$	412,813		$	269,512		$	—		$	18,316		$	700,641
Residents fees and services	—			—			416,523			—			416,523
Total revenues	412,813			269,512			416,523			18,316			1,117,164

Expenses:
Property operating expenses	127,732			—			323,849			—			451,581
Depreciation and amortization	141,477			80,277			60,689			3,792			286,235
General and administrative	—			—			—			85,885			85,885
Acquisition and certain other transaction related costs	—			—			—			194			194
Impairment of assets	46,797			19,549			—			—			66,346
Total expenses	316,006			99,826			384,538			89,871			890,241

Gain on sale of properties	—			261,916			—			—			261,916
Dividend income	—			—			—			2,901			2,901
Unrealized losses on equity securities	—			—			—			(20,724		)	(20,724		)
Interest and other income	—			—			—			667			667
Interest expense	(24,360		)	(1,641		)	(4,477		)	(148,809		)	(179,287		)
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	72,447			430,037			27,410			(237,520		)	292,374
Income tax expense	—			—			—			(476		)	(476		)
Equity in earnings of an investee	—			—			—			516			516
Net income (loss)	72,447			430,037			27,410			(237,480		)	292,414
Net income attributable to noncontrolling interest	(5,542		)	—			—			—			(5,542		)
Net income (loss) attributable to common shareholders	$	66,905		$	430,037		$	27,410		$	(237,480	)	$	286,872

	As of December 31, 2018
	MOBs			Triple Net Leased Senior Living Communities			Managed Senior Living Communities			All Other Operations			Consolidated
Total assets	$	3,344,581		$	2,044,939		$	1,395,657		$	375,249		$	7,160,426



	For the Year Ended December 31, 2017
	MOBs			Triple Net Leased Senior Living Communities			Managed Senior Living Communities			All Other Operations			Consolidated
Revenues:
Rental income	$	382,127		$	280,641		$	—		$	18,254		$	681,022
Residents fees and services	—			—			393,707			—			393,707
Total revenues	382,127			280,641			393,707			18,254			1,074,729

Expenses:
Property operating expenses	112,930			—			300,562			—			413,492
Depreciation and amortization	128,827			81,976			62,266			3,792			276,861
General and administrative	—			—			—			103,694			103,694
Acquisition and certain other transaction related costs	—			—			—			403			403
Impairment of assets	—			—			—			5,082			5,082
Total expenses	241,757			81,976			362,828			112,971			799,532

Gain on sale of properties	—			45,901			—			154			46,055
Dividend income	—			—			—			2,637			2,637
Interest and other income	—			—			—			406			406
Interest expense	(24,919		)	(8,855		)	(4,685		)	(126,560		)	(165,019		)
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	115,392			228,417			26,194			(218,354		)	151,649
Income tax expense	—			—			—			(454		)	(454		)
Equity in earnings of an investee	—			—			—			608			608
Net income (loss)	115,392			228,417			26,194			(218,200		)	151,803
Net income attributable to noncontrolling interest	(4,193		)	—			—			—			(4,193		)
Net income (loss) attributable to common shareholders	$	111,199		$	228,417		$	26,194		$	(218,200	)	$	147,610

	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



	For the Year Ended December 31, 2016
	MOBs			Triple Net Leased Senior Living Communities			Managed Senior Living Communities			All Other Operations			Consolidated
Revenues:
Rental income	$	372,233		$	275,697		$	—		$	18,270		$	666,200
Residents fees and services	—			—			391,822			—			391,822
Total revenues	372,233			275,697			391,822			18,270			1,058,022

Expenses:
Property operating expenses	105,762			833			293,195			—			399,790
Depreciation and amortization	124,196			78,361			81,482			3,792			287,831
General and administrative	—			—			—			46,559			46,559
Acquisition and certain other transaction related costs	—			—			—			2,085			2,085
Impairment of assets	7,122			6,583			2,174			2,795			18,674
Total expenses	237,080			85,777			376,851			55,231			754,939

Gain on sale of properties	—			4,061			—			—			4,061
Dividend income	—			—			—			2,108			2,108
Interest and other income	—			—			—			430			430
Interest expense	(13,852		)	(24,795		)	(8,540		)	(120,387		)	(167,574		)
Loss on early extinguishment of debt	—			(467		)	(59		)	—			(526		)
Income (loss) from continuing operations before income tax expense and equity in earnings of an investee	121,301			168,719			6,372			(154,810		)	141,582
Income tax expense	—			—			—			(424		)	(424		)
Equity in earnings of an investee	—			—			—			137			137
Net income (loss)	$	121,301		$	168,719		$	6,372		$	(155,097	)	$	141,295

	As of December 31, 2016
	MOBs			Triple Net Leased Senior Living Communities			Managed Senior Living Communities			All Other Operations			Consolidated
Total assets	$	3,333,141		$	2,289,045		$	1,260,032		$	345,536		$	7,227,754