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Segment Reporting (Tables)
12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Schedule of segment reporting information
 
 
For the Year Ended December 31, 2019
 
 
Office Portfolio
 
SHOP
 
Non-Segment
 
Consolidated
Revenues:
 
 
 
 
 
 
 
 
Rental income
 
$
405,016

 
$
137,898

 
$
63,644

 
$
606,558

Residents fees and services
 

 
433,597

 

 
433,597

Total revenues
 
405,016

 
571,495

 
63,644

 
1,040,155

 
 
 
 
 
 
 
 
 
Expenses:
 
 
 
 
 
 
 
 
Property operating expenses
 
132,348

 
356,722

 

 
489,070

Depreciation and amortization
 
137,611

 
132,637

 
18,777

 
289,025

General and administrative
 

 

 
37,028

 
37,028

Acquisition and certain other transaction related costs
 

 

 
13,102

 
13,102

Impairment of assets
 
43,035

 
65,822

 
6,344

 
115,201

Total expenses
 
312,994

 
555,181

 
75,251

 
943,426

 
 
 
 
 
 
 
 
 
Gain on sale of properties
 
6,617

 
15,207

 
17,872

 
39,696

Dividend income
 

 

 
1,846

 
1,846

Gains and losses on equity securities, net
 

 

 
(41,898
)
 
(41,898
)
Interest and other income
 

 

 
941

 
941

Interest expense
 
(24,399
)
 
(3,058
)
 
(152,655
)
 
(180,112
)
Loss on early extinguishment of debt
 

 
(17
)
 
(27
)
 
(44
)
Income (loss) from continuing operations before income tax expense and equity in earnings of an investee
 
74,240

 
28,446

 
(185,528
)
 
(82,842
)
Income tax expense
 

 

 
(436
)
 
(436
)
Equity in earnings of an investee
 

 

 
400

 
400

Net income (loss)
 
74,240

 
28,446

 
(185,564
)
 
(82,878
)
Net income attributable to noncontrolling interest
 
(5,356
)
 

 

 
(5,356
)
Net income (loss) attributable to common shareholders
 
$
68,884

 
$
28,446

 
$
(185,564
)
 
$
(88,234
)
 
 
 
 
 
 
 
 
 
 
 
As of December 31, 2019
 
 
Office Portfolio
 
SHOP
 
Non-Segment
 
Consolidated
Total assets
 
$
3,165,577

 
$
3,044,989

 
$
443,260

 
$
6,653,826


 
 
For the Year Ended December 31, 2018
 
 
Office Portfolio
 
SHOP
 
Non-Segment
 
Consolidated
Revenues:
 
 
 
 
 
 
 
 
Rental income
 
$
412,813

 
$
212,622

 
$
75,206

 
$
700,641

Residents fees and services
 

 
416,523

 

 
416,523

Total revenues
 
412,813

 
629,145

 
75,206

 
1,117,164

 
 
 
 
 
 
 
 
 
Expenses:
 
 
 
 
 
 
 
 
Property operating expenses
 
127,732

 
323,849

 

 
451,581

Depreciation and amortization
 
141,477

 
121,303

 
23,455

 
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

 
445,152

 
129,083

 
890,241

 
 
 
 
 
 
 
 
 
Gain on sale of properties
 

 
3,699

 
258,217

 
261,916

Dividend income
 

 

 
2,901

 
2,901

Gains and losses on equity securities, net
 

 

 
(20,724
)
 
(20,724
)
Interest and other income
 

 

 
667

 
667

Interest expense
 
(24,360
)
 
(5,214
)
 
(149,713
)
 
(179,287
)
(Loss) gain on early extinguishment of debt
 

 
(98
)
 
76

 
(22
)
Income from continuing operations before income tax expense and equity in earnings of an investee
 
72,447

 
182,380

 
37,547

 
292,374

Income tax expense
 

 

 
(476
)
 
(476
)
Equity in earnings of an investee
 

 

 
516

 
516

Net income
 
72,447

 
182,380

 
37,587

 
292,414

Net income attributable to noncontrolling interest
 
(5,542
)
 

 

 
(5,542
)
Net income attributable to common shareholders
 
$
66,905

 
$
182,380

 
$
37,587

 
$
286,872

 
 
 
 
 
 
 
 
 
 
 
As of December 31, 2018
 
 
Office Portfolio
 
SHOP
 
Non-Segment
 
Consolidated
Total assets
 
$
3,344,581

 
$
2,984,333

 
$
831,512

 
$
7,160,426

 
 
For the Year Ended December 31, 2017
 
 
Office Portfolio
 
SHOP
 
Non-Segment
 
Consolidated
Revenues:
 
 
 
 
 
 
 
 
Rental income
 
$
382,127

 
$
210,539

 
$
88,356

 
$
681,022

Residents fees and services
 

 
393,707

 

 
393,707

Total revenues
 
382,127

 
604,246

 
88,356

 
1,074,729

 
 
 
 
 
 
 
 
 
Expenses:
 
 
 
 
 
 
 
 
Property operating expenses
 
112,930

 
300,562

 

 
413,492

Depreciation and amortization
 
128,827

 
122,143

 
25,891

 
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

 
422,705

 
135,070

 
799,532

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Gain on sale of properties
 

 

 
46,055

 
46,055

Dividend income
 

 

 
2,637

 
2,637

Interest and other income
 

 

 
406

 
406

Interest expense
 
(24,919
)
 
(11,708
)
 
(128,392
)
 
(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

 
162,539

 
(126,282
)
 
151,649

Income tax expense
 

 

 
(454
)
 
(454
)
Equity in earnings of an investee
 

 

 
608

 
608

Net income (loss)
 
115,392

 
162,539

 
(126,128
)
 
151,803

Net income attributable to noncontrolling interest
 
(4,193
)
 

 

 
(4,193
)
Net income (loss) attributable to common shareholders
 
$
111,199

 
$
162,539

 
$
(126,128
)
 
$
147,610

 
 
 
 
 
 
 
 
 
 
 
As of December 31, 2017
 
 
Office Portfolio
 
SHOP
 
Non-Segment
 
Consolidated
Total assets
 
$
3,367,485

 
$
2,907,669

 
$
1,018,865

 
$
7,294,019