Concentration of Credit Risk (Tables)

6 Months Ended

Jun. 30, 2016

Summary of consolidated financial information (in millions)

	June 30,		December 31,
	2016		2015
Real estate and other property, net	$	2,582.6	$	2,628.5
Cash and cash equivalents		174.4		125.0
Goodwill, intangible and other assets, net		4,518.5		4,598.3
Total assets	$	7,275.5	$	7,351.8
Debt and financing obligations	$	5,775.0	$	5,836.4
Accounts payable, accrued liabilities and other		1,001.9		982.9
Redeemable preferred stock		2.1		2.1
Total equity		496.5		530.4
Total liabilities and equity	$	7,275.5	$	7,351.8

	Three Months Ended June 30,				Six Months Ended June 30,
	2016		2015		2016		2015
Revenues	$	957.7	$	1,027.5	$	1,942.2	$	2,081.5
Operating, general and administrative expense		(831.4)		(884.2)		(1,688.6)		(1,782.1)
Depreciation and amortization expense		(32.6)		(35.4)		(65.1)		(71.3)
Interest expense		(115.1)		(119.9)		(230.2)		(220.2)
Other income, net		4.8		2.1		8.3		4.9
Loss on disposal of assets		(5.9)		—		(2.6)		—
Impairment		(6.0)		—		(6.0)		—
(Loss) income from continuing operations before income tax benefit (expense)		(28.5)		(9.9)		(42.0)		12.8
Income tax benefit (expense)		5.3		4.5		8.2		(5.6)
(Loss) income from continuing operations		(23.2)		(5.4)		(33.8)		7.2
Loss from discontinued operations, net of taxes		(0.1)		(7.1)		—		(6.0)
Net (loss) income	$	(23.3)	$	(12.5)	$	(33.8)	$	1.2

Tenants and Operators

Schedule of concentration of credit risk

	Percentage of				Percentage of
	Total Company Gross Assets				Total Company Revenues
	June 30,		December 31,		Three Months Ended June 30,				Six Months Ended June 30,
Operators	2016		2015		2016		2015		2016		2015
HCRMC	24	%	23	%	18	%	23	%	18	%	24	%
Brookdale	13	%	12	%	9	%	10	%	10	%	10	%

Tenants and Operators | Senior housing

Schedule of concentration of credit risk

	Percentage of				Percentage of
	Senior Housing Gross Assets				Senior Housing Revenues
	June 30,		December 31,		Three Months Ended June 30,				Six Months Ended June 30,
Operators	2016		2015		2016		2015		2016		2015
Brookdale	28	%	28	%	20	%	25	%	21	%	25	%
HCRMC	12	%	12	%	6	%	8	%	6	%	8	%

Tenants and Operators | Post-acute/skilled nursing

Schedule of concentration of credit risk

	Percentage of Post-Acute/				Percentage of Post-Acute/
	Skilled Nursing Gross Assets				Skilled Nursing Revenues
	June 30,		December 31,		Three Months Ended June 30,				Six Months Ended June 30,
Operators	2016		2015		2016		2015		2016		2015
HCRMC	79	%	64	%	78	%	78	%	78	%	79	%