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SEGMENT INFORMATION (Tables)
3 Months Ended
Mar. 31, 2013
Segment Reporting [Abstract]  
Summary information by reportable business segment
For the three months ended March 31, 2013:
 
Triple-Net
Leased
Properties
 
Senior
Living
Operations
 
MOB
Operations
 
All
Other
 
Total
 
(In thousands)
Revenues:
 
 
 
 
 
 
 
 
 
Rental income
$
213,763

 
$

 
$
111,146

 
$

 
$
324,909

Resident fees and services

 
339,170

 

 

 
339,170

Medical office building and other services revenue
1,111

 

 
2,537

 

 
3,648

Income from loans and investments

 

 

 
16,103

 
16,103

Interest and other income

 

 

 
1,038

 
1,038

Total revenues
$
214,874

 
$
339,170

 
$
113,683

 
$
17,141

 
$
684,868

Total revenues
$
214,874

 
$
339,170

 
$
113,683

 
$
17,141

 
$
684,868

Less:
 
 
 
 
 
 
 
 
 
Interest and other income

 

 

 
1,038

 
1,038

Property-level operating expenses

 
230,908

 
36,541

 

 
267,449

Medical office building services costs

 

 
1,639

 

 
1,639

Segment NOI
214,874

 
108,262

 
75,503

 
16,103

 
414,742

Income (loss) from unconsolidated entities
187

 
(600
)
 
1,342

 

 
929

Segment profit
$
215,061

 
$
107,662

 
$
76,845

 
$
16,103

 
415,671

Interest and other income
 

 
 

 
 

 
 

 
1,038

Interest expense
 

 
 

 
 

 
 

 
(79,600
)
Depreciation and amortization
 

 
 

 
 

 
 

 
(179,017
)
General, administrative and professional fees
 

 
 

 
 

 
 

 
(28,774
)
Merger-related expenses and deal costs
 

 
 

 
 

 
 

 
(4,262
)
Other
 

 
 

 
 

 
 

 
(4,587
)
Income tax expense
 

 
 

 
 

 
 

 
(1,744
)
Discontinued operations
 

 
 

 
 

 
 

 
(5,627
)
Net income
 

 
 

 
 

 
 

 
$
113,098

For the three months ended March 31, 2012:
 
Triple-Net
Leased
Properties
 
Senior
Living
Operations
 
MOB
Operations
 
All
Other
 
Total
 
(In thousands)
Revenues:
 
 
 
 
 
 
 
 
 
Rental income
$
203,575

 
$

 
$
63,965

 
$

 
$
267,540

Resident fees and services

 
285,193

 

 

 
285,193

Medical office building and other services revenue
1,109

 

 
4,499

 

 
5,608

Income from loans and investments

 

 

 
8,036

 
8,036

Interest and other income

 

 

 
47

 
47

Total revenues
$
204,684

 
$
285,193

 
$
68,464

 
$
8,083

 
$
566,424

Total revenues
$
204,684

 
$
285,193

 
$
68,464

 
$
8,083

 
$
566,424

Less:
 
 
 
 
 
 
 
 
 
Interest and other income

 

 

 
47

 
47

Property-level operating expenses

 
195,134

 
20,703

 

 
215,837

Medical office building services costs

 

 
2,988

 

 
2,988

Segment NOI
204,684

 
90,059

 
44,773

 
8,036

 
347,552

Income from unconsolidated entities
266

 

 
51

 

 
317

Segment profit
$
204,950

 
$
90,059

 
$
44,824

 
$
8,036

 
347,869

Interest and other income
 

 
 

 
 

 
 

 
47

Interest expense
 

 
 

 
 

 
 

 
(68,130
)
Depreciation and amortization
 

 
 

 
 

 
 

 
(160,421
)
General, administrative and professional fees
 

 
 

 
 

 
 

 
(22,198
)
Loss on extinguishment of debt
 

 
 

 
 

 
 

 
(29,544
)
Merger-related expenses and deal costs
 

 
 

 
 

 
 

 
(7,981
)
Other
 

 
 

 
 

 
 

 
(1,576
)
Income tax expense
 

 
 

 
 

 
 

 
(11,338
)
Discontinued operations
 

 
 

 
 

 
 

 
43,364

Net income
 

 
 

 
 

 
 

 
$
90,092

Capital expenditures, including investments in real estate property and development project expenditures, by reportable business segment
Capital expenditures, including investments in real estate property and development project expenditures, by reportable business segment are as follows:
 
For the Three Months Ended March 31,
 
2013
 
2012
 
(In thousands)
Capital expenditures:
 
 
 
Triple-net leased
$
13,180

 
$
4,863

Senior living
20,168

 
17,166

MOB
64,210

 
19,764

Total capital expenditures
$
97,558

 
$
41,793

Revenues from external customers by geographic area
Geographic information regarding our operations is as follows:
 
For the Three Months Ended March 31,
 
2013
 
2012
 
(In thousands)
Revenues:
 
 
 
United States
$
661,488

 
$
542,823

Canada
23,380

 
23,601

Total revenues
$
684,868

 
$
566,424

Net real estate property by geographic area
 
As of
March 31, 2013
 
As of
December 31,
2012
 
(In thousands)
Net real estate property:
 
 
 
United States
$
16,605,758

 
$
16,711,508

Canada
389,979

 
400,024

Total net real estate property
$
16,995,737

 
$
17,111,532