Segment Information

3 Months Ended

Mar. 31, 2013

Segment Information

Segment Information

18.   Segment Information

We evaluate performance and make resource allocation decisions on an industry by industry basis. For financial reporting purposes, we have grouped our tenants into 47 activity segments. All of the properties are incorporated into one of the applicable segments. Because almost all of our leases require the tenant to pay operating expenses, revenue is the only component of segment profit and loss we measure.

The following tables set forth certain information regarding the properties owned by us, classified according to the business of the respective tenants, as of March 31, 2013 (dollars in thousands):

	March 31,	December 31,
Assets, as of:	2013	2012
Segment net real estate:
Apparel	$107,529	$      89,086
Automotive service	112,870	96,830
Automotive tire services	272,486	184,601
Beverages	309,486	310,555
Child care	60,446	61,747
Convenience stores	735,435	670,103
Dollar stores	569,677	450,566
Drug stores	653,477	159,482
Financial services	223,871	25,101
Food processing	130,706	102,964
Grocery stores	298,769	219,216
Health and fitness	384,558	330,503
Health care	208,723	4,147
Restaurants-casual dining	508,330	450,182
Restaurants-quick service	315,007	251,084
Theaters	377,779	381,123
Transportation services	597,391	130,203
Wholesale club	319,117	308,202
29 other non-reportable segments	1,517,260	816,442
Total segment net real estate	7,702,917	5,042,137
Intangible assets:
Apparel	35,207	31,808
Automotive service	3,863	-
Automotive tire services	20,996	470
Beverages	3,248	3,313
Convenience stores	14,503	-
Dollar stores	40,494	12,475
Drug stores	127,396	14,885
Financial services	49,638	4,443
Food processing	27,747	21,785
Grocery stores	24,188	5,650
Health and fitness	23,893	15,056
Health care	45,713	-
Restaurants-casual dining	15,053	-
Restaurants-quick service	18,447	3,464
Theaters	27,256	28,475
Transportation services	133,045	27,997
Wholesale club	2,949	-
Other non-reportable segments	235,030	72,304
Goodwill:
Automotive service	471	471
Automotive tire services	865	865
Child care	5,266	5,276
Convenience stores	2,063	2,064
Restaurants-casual dining	2,396	2,430
Restaurants-quick service	1,176	1,176
Other non-reportable segments	3,738	4,663
Other corporate assets	196,045	142,156
Total assets	$ 8,763,603	$ 5,443,363

Revenue for the three months ended March 31:	2013	2012
Segment rental revenue:
Apparel	$       3,395	$       1,452
Automotive service	3,945	3,768
Automotive tire services	6,819	5,649
Beverages	6,179	6,105
Child care	5,252	5,279
Convenience stores	20,270	19,230
Dollar stores	9,594	36
Drug stores	10,203	4,031
Financial services	3,278	682
Food processing	2,681	1,416
Grocery stores	5,527	4,465
Health and fitness	10,303	7,971
Health care	3,083	62
Restaurants-casual dining	9,563	8,694
Restaurants-quick service	8,321	7,070
Theaters	11,508	11,132
Transportation services	8,877	2,709
Wholesale club	5,970	3,025
29 other non-reportable segments	35,536	19,277
Total rental revenue	170,304	112,053
Other revenue	1,391	252
Total revenue	$   171,695	$   112,305