SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2018

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, 2018
	Triple-Net Leased Properties			Senior Living Operations			Office Operations			All Other			Total
	(In thousands)
Revenues:
Rental income	$	190,641		$	—		$	194,168		$	—		$	384,809
Resident fees and services	—			514,753			—			—			514,753
Office building and other services revenue	1,142			—			1,634			552			3,328
Income from loans and investments	—			—			—			31,181			31,181
Interest and other income	—			—			—			9,634			9,634
Total revenues	$	191,783		$	514,753		$	195,802		$	41,367		$	943,705
Total revenues	$	191,783		$	514,753		$	195,802		$	41,367		$	943,705
Less:
Interest and other income	—			—			—			9,634			9,634
Property-level operating expenses	—			352,220			60,693			—			412,913
Office building services costs	—			—			115			—			115
Segment NOI	191,783			162,533			134,994			31,733			521,043
Loss from unconsolidated entities	(38,654		)	(641		)	(620		)	(824		)	(40,739		)
Segment profit	$	153,129		$	161,892		$	134,374		$	30,909		480,304
Interest and other income													9,634
Interest expense													(111,363		)
Depreciation and amortization													(233,150		)
General, administrative and professional fees													(37,174		)
Loss on extinguishment of debt, net													(10,977		)
Merger-related expenses and deal costs													(17,336		)
Other													(3,120		)
Income tax benefit													3,242
Income from continuing operations													$	80,060

	For the Three Months Ended March 31, 2017
	Triple-Net Leased Properties		Senior Living Operations			Office Operations		All Other			Total
	(In thousands)
Revenues:
Rental income	$	209,327	$	—		$	185,895	$	—		$	395,222
Resident fees and services	—		464,188			—		—			464,188
Office building and other services revenue	1,205		—			1,931		270			3,406
Income from loans and investments	—		—			—		20,146			20,146
Interest and other income	—		—			—		481			481
Total revenues	$	210,532	$	464,188		$	187,826	$	20,897		$	883,443
Total revenues	$	210,532	$	464,188		$	187,826	$	20,897		$	883,443
Less:
Interest and other income	—		—			—		481			481
Property-level operating expenses	—		312,073			56,914		—			368,987
Office building services costs	—		—			738		—			738
Segment NOI	210,532		152,115			130,174		20,416			513,237
Income (loss) from unconsolidated entities	3,269		(76		)	335		(378		)	3,150
Segment profit	$	213,801	$	152,039		$	130,509	$	20,038		516,387
Interest and other income											481
Interest expense											(108,804		)
Depreciation and amortization											(217,783		)
General, administrative and professional fees											(33,961		)
Loss on extinguishment of debt, net											(309		)
Merger-related expenses and deal costs											(2,056		)
Other											(1,188		)
Income tax benefit											3,145
Income from continuing operations											$	155,912

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,
	2018		2017
	(In thousands)
Capital expenditures:
Triple-net leased properties	$	5,668	$	93,809
Senior living operations	30,577		21,325
Office operations	69,711		193,996
Total capital expenditures	$	105,956	$	309,130

Revenues from external customers by geographic area

Our portfolio of properties and mortgage loan and other investments are located in the United States, Canada and the United Kingdom. Revenues are attributed to an individual country based on the location of each property. Geographic information regarding our operations is as follows:

	For the Three Months Ended March 31,
	2018		2017
	(In thousands)
Revenues:
United States	$	887,745	$	832,820
Canada	48,536		44,595
United Kingdom	7,424		6,028
Total revenues	$	943,705	$	883,443

Net real estate property by geographic area

	As of March 31, 2018		As of December 31, 2017
	(In thousands)
Net real estate property:
United States	$	18,993,773	$	19,253,724
Canada	1,037,687		1,070,903
United Kingdom	305,521		297,827
Total net real estate property	$	20,336,981	$	20,622,454