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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Rental income:      
Triple-net leased $ 831,221 $ 637,294 $ 453,592
Medical office buildings 362,839 166,161 69,747
Total rental income 1,194,060 803,455 523,339
Resident fees and services 1,229,479 868,095 446,301
Medical office building and other services revenue 20,741 36,471 14,098
Income from loans and investments 39,913 34,415 16,412
Interest and other income 1,106 1,217 484
Total revenues 2,485,299 1,743,653 1,000,634
Expenses:      
Interest 293,401 229,346 172,474
Depreciation and amortization 725,981 447,664 200,682
Property-level operating expenses:      
Senior living 843,190 590,151 291,831
Medical office buildings 126,152 57,042 24,122
Total property-level operating expenses 969,342 647,193 315,953
Medical office building services costs 9,883 27,082 9,518
General, administrative and professional fees 98,801 74,537 49,830
Loss on extinguishment of debt, net 37,640 27,604 9,791
Litigation proceeds, net 0 (202,259) 0
Merger-related expenses and deal costs 63,183 153,923 19,243
Other 6,956 7,270 272
Total expenses 2,205,187 1,412,360 777,763
Income before income (loss) from unconsolidated entities, income taxes, discontinued operations and noncontrolling interest 280,112 331,293 222,871
Income (loss) from unconsolidated entities 18,154 (52) (664)
Income tax benefit (expense) 6,282 30,660 (5,201)
Income from continuing operations 304,548 361,901 217,006
Discontinued operations 57,227 1,360 32,723
Net income 361,775 363,261 249,729
Net (loss) income attributable to noncontrolling interest (net of tax of $0, $0, and $2,271 for the years ended December 31, 2012, 2011 and 2010, respectively) (1,025) (1,232) 3,562
Net income attributable to common stockholders $ 362,800 $ 364,493 $ 246,167
Basic:      
Income from continuing operations attributable to common stockholders (in dollars per share) $ 1.04 $ 1.59 $ 1.36
Discontinued operations (in dollars per share) $ 0.20 $ 0.01 $ 0.21
Net income attributable to common stockholders (in dollars per share) $ 1.24 $ 1.60 $ 1.57
Diluted:      
Income from continuing operations attributable to common stockholders (in dollars per share) $ 1.04 $ 1.57 $ 1.35
Discontinued operations (in dollars per share) $ 0.19 $ 0.01 $ 0.21
Net income attributable to common stockholders (in dollars per share) $ 1.23 $ 1.58 $ 1.56
Weighted average shares used in computing earnings per common share:      
Basic (in shares) 292,064,000 228,453,000 156,608,000
Diluted (in shares) 294,488,000 230,790,000 157,657,000