SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2016

Segment Reporting [Abstract]

Summary Information by Reportable Business Segment

Summary information by reportable business segment is as follows:

For the three months ended March 31, 2016:

	Triple-Net Leased Properties			Senior Living Operations		MOB Operations			All Other		Total
	(In thousands)
Revenues:
Rental income	$	214,487		$	—	$	144,136		$	—	$	358,623
Resident fees and services	—			463,976		—			—		463,976
Medical office building and other services revenue	1,199			—		4,976			1,010		7,185
Income from loans and investments	—			—		—			22,386		22,386
Interest and other income	—			—		—			119		119
Total revenues	$	215,686		$	463,976	$	149,112		$	23,515	$	852,289
Total revenues	$	215,686		$	463,976	$	149,112		$	23,515	$	852,289
Less:
Interest and other income	—			—		—			119		119
Property-level operating expenses	—			312,541		43,681			—		356,222
Medical office building services costs	—			—		3,451			—		3,451
Segment NOI	215,686			151,435		101,980			23,396		492,497
(Loss) income from unconsolidated entities	(671		)	337		(126		)	262		(198		)
Segment profit	$	215,015		$	151,772	$	101,854		$	23,658	492,299
Interest and other income											119
Interest expense											(103,273		)
Depreciation and amortization											(236,387		)
General, administrative and professional fees											(31,726		)
Loss on extinguishment of debt, net											(314		)
Merger-related expenses and deal costs											(1,632		)
Other											(4,168		)
Income tax benefit											8,421
Discontinued operations											(489		)
Gain on real estate dispositions											26,184
Net income											$	149,034

For the three months ended March 31, 2015:

	Triple-Net Leased Properties		Senior Living Operations			MOB Operations			All Other			Total
	(In thousands)
Revenues:
Rental income	$	188,557	$	—		$	137,060		$	—		$	325,617
Resident fees and services	—		446,914			—			—			446,914
Medical office building and other services revenue	1,136		—			8,858			549			10,543
Income from loans and investments	—		—			—			22,053			22,053
Interest and other income	—		—			—			471			471
Total revenues	$	189,693	$	446,914		$	145,918		$	23,073		$	805,598
Total revenues	$	189,693	$	446,914		$	145,918		$	23,073		$	805,598
Less:
Interest and other income	—		—			—			471			471
Property-level operating expenses	—		298,362			42,437			—			340,799
Medical office building services costs	—		—			6,918			—			6,918
Segment NOI	189,693		148,552			96,563			22,602			457,410
Income (loss) from unconsolidated entities	425		(422		)	(25		)	(229		)	(251		)
Segment profit	$	190,118	$	148,130		$	96,538		$	22,373		457,159
Interest and other income												471
Interest expense												(82,328		)
Depreciation and amortization												(216,219		)
General, administrative and professional fees												(34,326		)
Loss on extinguishment of debt, net												(21		)
Merger-related expenses and deal costs												(30,613		)
Other												(4,874		)
Income tax benefit												7,250
Discontinued operations												17,574
Gain on real estate dispositions												6,686
Net income												$	120,759

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,
	2016		2015
	(In thousands)
Capital expenditures:
Triple-net leased properties	$	40,701	$	457,018
Senior living operations	18,994		282,432
MOB operations	12,413		387,727
Total capital expenditures	$	72,108	$	1,127,177

Revenues from external customers by geographic area

Geographic information regarding our operations is as follows:

	For the Three Months Ended March 31,
	2016		2015
	(In thousands)
Revenues:
United States	$	804,201	$	756,032
Canada	41,129		44,050
United Kingdom	6,959		5,516
Total revenues	$	852,289	$	805,598

Net real estate property by geographic area

	As of March 31, 2016		As of December 31, 2015
	(In thousands)
Net real estate property:
United States	$	18,117,507	$	18,271,829
Canada	1,088,335		1,039,561
United Kingdom	302,639		313,830
Total net real estate property	$	19,508,481	$	19,625,220