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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Rental income:        
Triple-net leased $ 219,170 $ 207,372 $ 645,719 $ 613,939
Medical office buildings 115,444 100,814 337,536 253,889
Total rental income 334,614 308,186 983,255 867,828
Resident fees and services 359,112 316,560 1,039,876 905,190
Medical office building and other services revenue 4,146 4,544 11,331 16,791
Income from loans and investments 14,448 9,035 45,284 25,223
Interest and other income 66 330 1,901 442
Total revenues 712,386 638,655 2,081,647 1,815,474
Expenses:        
Interest 84,089 74,037 245,622 214,028
Depreciation and amortization 177,710 188,540 528,180 534,792
Property-level operating expenses:        
Senior living 244,316 216,306 706,561 618,471
Medical office buildings 40,796 36,144 115,738 86,468
Total property-level operating expenses 285,112 252,450 822,299 704,939
Medical office building services costs 1,651 1,487 4,957 8,314
General, administrative and professional fees 28,659 26,867 84,760 75,488
(Gain) loss on extinguishment of debt, net (189) (1,194) (909) 38,339
Merger-related expenses and deal costs 6,208 4,917 17,137 49,566
Other 4,353 1,966 13,325 5,052
Total expenses 587,593 549,070 1,715,371 1,630,518
Income before income from unconsolidated entities, income taxes, discontinued operations and noncontrolling interest 124,793 89,585 366,276 184,956
Income from unconsolidated entities 110 17,074 533 17,905
Income tax benefit 2,780 8,886 13,100 2,727
Income from continuing operations 127,683 115,545 379,909 205,588
Discontinued operations (9,084) (3,724) (33,679) 70,061
Net income 118,599 111,821 346,230 275,649
Net income (loss) attributable to noncontrolling interest 303 (61) 1,161 (884)
Net income attributable to common stockholders $ 118,296 $ 111,882 $ 345,069 $ 276,533
Basic:        
Income from continuing operations attributable to common stockholders $ 0.43 $ 0.39 $ 1.30 $ 0.71
Discontinued operations $ (0.03) $ (0.01) $ (0.12) $ 0.24
Net income attributable to common stockholders $ 0.40 $ 0.38 $ 1.18 $ 0.95
Diluted:        
Income from continuing operations attributable to common stockholders $ 0.43 $ 0.39 $ 1.28 $ 0.70
Discontinued operations $ (0.03) $ (0.01) $ (0.11) $ 0.24
Net income attributable to common stockholders $ 0.40 $ 0.38 $ 1.17 $ 0.94
Weighted average shares used in computing earnings per common share:        
Basic 292,818 294,928 292,308 291,177
Diluted 295,190 297,407 294,788 293,622
Dividends declared per common share $ 0.67 $ 0.62 $ 2.01 $ 1.86