SEGMENT INFORMATION (Tables)

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Summary information by reportable business segment

Summary information by reportable business segment is as follows (dollars in thousands):

	For the Three Months Ended March 31, 2022
	Triple-Net Leased Properties		Senior Living Operations		Office Operations		Non-Segment		Total
Revenues:
Rental income	$	151,561	$	—	$	200,540	$	—	$	352,101
Resident fees and services	—		651,121		—		—		651,121
Office building and other services revenue	—		—		617		3,332		3,949
Income from loans and investments	—		—		—		9,847		9,847
Interest and other income	—		—		—		536		536
Total revenues	$	151,561	$	651,121	$	201,157	$	13,715	$	1,017,554
Total revenues	$	151,561	$	651,121	$	201,157	$	13,715	$	1,017,554
Less:
Interest and other income	—		—		—		536		536
Property-level operating expenses	4,008		475,530		63,183		—		542,721
Office building and other services costs	—		—		—		1,313		1,313
Segment NOI	$	147,553	$	175,591	$	137,974	$	11,866	472,984
Interest and other income									536
Interest expense									(110,794)
Depreciation and amortization									(289,064)
General, administrative and professional fees									(42,998)
Transaction expenses and deal costs									(19,992)
Allowance on loans receivable and investments									54
Other									27,190
Loss from unconsolidated entities									(4,269)
Gain on real estate dispositions									2,455
Income tax benefit									4,490
Income from continuing operations									40,592
Net income									40,592
Net income attributable to noncontrolling interests									1,860
Net income attributable to common stockholders									$	38,732

	For the Three Months Ended March 31, 2021
	Triple-Net Leased Properties		Senior Living Operations		Office Operations		Non-Segment		Total
Revenues:
Rental income	$	159,885	$	—	$	197,455	$	—	$	357,340
Resident fees and services	—		528,650		—		—		528,650
Office building and other services revenue	—		—		2,345		2,605		4,950
Income from loans and investments	—		—		—		19,010		19,010
Interest and other income	—		—		—		341		341
Total revenues	$	159,885	$	528,650	$	199,800	$	21,956	$	910,291
Total revenues	$	159,885	$	528,650	$	199,800	$	21,956	$	910,291
Less:
Interest and other income	—		—		—		341		341
Property-level operating expenses	4,825		417,829		63,946		—		486,600
Office building and other services costs	—		—		618		—		618
Segment NOI	$	155,060	$	110,821	$	135,236	$	21,615	422,732
Interest and other income									341
Interest expense									(110,767)
Depreciation and amortization									(314,148)
General, administrative and professional fees									(40,309)
Loss on extinguishment of debt, net									(27,090)
Transaction expenses and deal costs									(4,617)
Allowance on loans receivable and investments									8,902
Other									9,428
Loss from unconsolidated entities									(250)
Gain on real estate dispositions									2,533
Income tax expense									(2,153)
Loss from continuing operations									(55,398)
Net loss									(55,398)
Net income attributable to noncontrolling interests									1,811
Net loss attributable to common stockholders									$	(57,209)