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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Rental income:        
Triple-net leased $ 242,726 $ 213,171 $ 480,572 $ 425,705
Medical office buildings 114,890 110,277 230,113 220,693
Total rental income 357,616 323,448 710,685 646,398
Resident fees and services 374,473 341,594 745,534 680,764
Medical office building and other services revenue 4,367 3,537 10,667 7,185
Income from loans and investments 14,625 14,733 25,392 30,836
Interest and other income 173 797 446 1,835
Total revenues 751,254 684,109 1,492,724 1,367,018
Expenses:        
Interest 91,501 82,237 179,342 160,871
Depreciation and amortization 190,818 171,527 384,412 346,995
Property-level operating expenses:        
Senior living 249,424 231,337 497,719 462,245
Medical office buildings 39,335 38,151 78,680 74,444
Total property-level operating expenses 288,759 269,488 576,399 536,689
Medical office building services costs 1,626 1,667 4,997 3,306
General, administrative and professional fees 31,306 27,324 64,172 56,098
Loss (gain) on extinguishment of debt, net 2,924 (720) 2,665 (720)
Merger-related expenses and deal costs 9,599 6,667 20,359 10,929
Other 4,863 4,385 10,092 8,972
Total expenses 621,396 562,575 1,242,438 1,123,140
Income before income (loss) from unconsolidated entities, income taxes, discontinued operations, real estate dispositions and noncontrolling interest 129,858 121,534 250,286 243,878
Income (loss) from unconsolidated entities 348 (506) 596 423
Income tax (expense) benefit (3,274) 12,064 (6,707) 10,320
Income from continuing operations 126,932 133,092 244,175 254,621
Discontinued operations (255) (18,559) 2,776 (26,990)
Gain on real estate dispositions 11,889 0 12,889 0
Net income 138,566 114,533 259,840 227,631
Net income (loss) attributable to noncontrolling interest 168 (47) 395 858
Net income attributable to common stockholders $ 138,398 $ 114,580 $ 259,445 $ 226,773
Basic:        
Income from continuing operations attributable to common stockholders, including real estate dispositions $ 0.47 $ 0.45 $ 0.87 $ 0.87
Discontinued operations $ 0.00 $ (0.06) $ 0.01 $ (0.09)
Net income attributable to common stockholders $ 0.47 $ 0.39 $ 0.88 $ 0.78
Diluted:        
Income from continuing operations attributable to common stockholders, including real estate dispositions $ 0.47 $ 0.45 $ 0.87 $ 0.86
Discontinued operations $ 0.00 $ (0.06) $ 0.01 $ (0.09)
Net income attributable to common stockholders $ 0.47 $ 0.39 $ 0.88 $ 0.77
Weighted average shares used in computing earnings per common share:        
Basic 293,988 292,635 293,932 292,049
Diluted 296,504 295,123 296,369 294,584
Dividends declared per common share $ 0.725 $ 0.67 $ 1.45 $ 1.34