SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2014

Segment Reporting [Abstract]

Summary information by reportable business segment

For the three months ended March 31, 2014:

	Triple-Net Leased Properties		Senior Living Operations			MOB Operations			All Other			Total
	(In thousands)
Revenues:
Rental income	$	237,846	$	—		$	115,223		$	—		$	353,069
Resident fees and services	—		371,061			—			—			371,061
Medical office building and other services revenue	1,148		—			4,652			500			6,300
Income from loans and investments	—		—			—			10,767			10,767
Interest and other income	—		—			—			273			273
Total revenues	$	238,994	$	371,061		$	119,875		$	11,540		$	741,470
Total revenues	$	238,994	$	371,061		$	119,875		$	11,540		$	741,470
Less:
Interest and other income	—		—			—			273			273
Property-level operating expenses	—		248,295			39,345			—			287,640
Medical office building services costs	—		—			3,371			—			3,371
Segment NOI	238,994		122,766			77,159			11,267			450,186
Income (loss) from unconsolidated entities	569		(144		)	(47		)	(130		)	248
Segment profit	$	239,563	$	122,622		$	77,112		$	11,137		450,434
Interest and other income												273
Interest expense												(87,841		)
Depreciation and amortization												(193,594		)
General, administrative and professional fees												(32,866		)
Gain on extinguishment of debt, net												259
Merger-related expenses and deal costs												(10,760		)
Other												(5,229		)
Income tax expense												(3,433		)
Discontinued operations												3,031
Gain on real estate dispositions, net												1,000
Net income												$	121,274

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	$	212,534	$	—		$	110,416	$	—	$	322,950
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	$	213,645	$	339,170		$	112,953	$	17,141	$	682,909
Total revenues	$	213,645	$	339,170		$	112,953	$	17,141	$	682,909
Less:
Interest and other income	—		—			—		1,038		1,038
Property-level operating expenses	—		230,908			36,293		—		267,201
Medical office building services costs	—		—			1,639		—		1,639
Segment NOI	213,645		108,262			75,021		16,103		413,031
Income (loss) from unconsolidated entities	187		(600		)	1,342		—		929
Segment profit	$	213,832	$	107,662		$	76,363	$	16,103	413,960
Interest and other income										1,038
Interest expense										(78,634		)
Depreciation and amortization										(175,468		)
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										(8,431		)
Net income										$	113,098

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,
	2014		2013
	(In thousands)
Capital expenditures:
Triple-net leased properties	$	192,052	$	13,180
Senior living operations	16,863		20,168
MOB operations	13,033		64,210
Total capital expenditures	$	221,948	$	97,558

Revenues from external customers by geographic area

Geographic information regarding our operations is as follows:

	For the Three Months Ended March 31,
	2014		2013
	(In thousands)
Revenues:
United States	$	720,107	$	659,529
Canada	21,218		23,380
United Kingdom	145		—
Total revenues	$	741,470	$	682,909

Net real estate property by geographic area

	As of March 31, 2014		As of December 31, 2013
	(In thousands)
Net real estate property:
United States	$	17,556,584	$	17,705,962
Canada	356,580		369,624
United Kingdom	183,303		—
Total net real estate property	$	18,096,467	$	18,075,586