Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2016

Segment Reporting [Abstract]

Schedule of Information for Reportable Segments

Summary information for the reportable segments during the three and six months ended June 30, 2016 and 2015, is as follows (amounts in thousands):

	Data Centers			Healthcare			Three Months Ended June 30, 2016
Revenue:
Rental, parking and tenant reimbursement revenue	$	28,971		$	30,052		$	59,023
Expenses:
Rental and parking expenses	(4,936		)	(2,437		)	(7,373		)
Segment net operating income	$	24,035		$	27,615		51,650
Revenue:
Real estate-related notes receivable interest income							15
Expenses:
General and administrative expenses							(1,587		)
Change in fair value of contingent consideration							(125		)
Acquisition related expenses							(1,640		)
Asset management fees							(4,877		)
Depreciation and amortization							(17,349		)
Income from operations							26,087
Other income (expense):
Other interest and dividend income							2,706
Interest expense, net							(9,213		)
Provision for loan losses							(1,666		)
Net income							$	17,914

	Data Centers			Healthcare			Three Months Ended June 30, 2015
Revenue:
Rental, parking and tenant reimbursement revenue	$	28,706		$	24,010		$	52,716
Expenses:
Rental and parking expenses	(5,380		)	(1,719		)	(7,099		)
Segment net operating income	$	23,326		$	22,291		45,617
Revenue:
Real estate-related notes receivable interest income							216
Expenses:
General and administrative expenses							(1,451		)
Change in fair value of contingent consideration							(150		)
Acquisition related expenses							(509		)
Asset management fees							(4,533		)
Depreciation and amortization							(16,445		)
Income from operations							22,745
Other income (expense):
Other interest and dividend income							2,603
Interest expense, net							(7,004		)
Net income							$	18,344

	Data Centers			Healthcare			Six Months Ended June 30, 2016
Revenue:
Rental, parking and tenant reimbursement revenue	$	57,633		$	58,001		$	115,634
Expenses:
Rental and parking expenses	(9,759		)	(4,253		)	(14,012		)
Segment net operating income	$	47,874		$	53,748		101,622
Revenue:
Real estate-related notes receivable interest income							31
Expenses:
General and administrative expenses							(3,168		)
Change in fair value of contingent consideration							(245		)
Acquisition related expenses							(1,640		)
Asset management fees							(9,664		)
Depreciation and amortization							(34,348		)
Income from operations							52,588
Other income (expense):
Other interest and dividend income							5,411
Interest expense, net							(19,827		)
Provision for loan losses							(1,666		)
Net income							$	36,506

	Data Centers			Healthcare			Six Months Ended June 30, 2015
Revenue:
Rental, parking and tenant reimbursement revenue	$	57,819		$	46,280		$	104,099
Expenses:
Rental and parking expenses	(10,440		)	(4,243		)	(14,683		)
Segment net operating income	$	47,379		$	42,037		89,416
Revenue:
Real estate-related notes receivable interest income							355
Expenses:
General and administrative expenses							(2,860		)
Change in fair value of contingent consideration							(300		)
Acquisition related expenses							(3,654		)
Asset management fees							(8,566		)
Depreciation and amortization							(32,228		)
Income from operations							42,163
Other income (expense):
Other interest and dividend income							3,119
Interest expense, net							(13,310		)
Net income							$	31,972

Schedule of Assets by Reportable Segments

Assets by each reportable segment as of June 30, 2016 and December 31, 2015 are as follows (amounts in thousands):

	June 30, 2016		December 31, 2015
Assets by segment:
Data centers	$	1,098,562	$	1,097,952
Healthcare	1,223,286		1,124,928
All other	157,534		159,560
Total assets	$	2,479,382	$	2,382,440

Schedule of Capital Additions and Acquisitions by Reportable Segments

Capital additions and acquisitions by reportable segments for the six months ended June 30, 2016 and 2015 are as follows (amounts in thousands):

	Six Months Ended June 30,
	2016		2015
Capital additions and acquisitions by segment:
Data centers	$	7,139	$	116
Healthcare	94,691		146,764
Total capital additions and acquisitions	$	101,830	$	146,880