XML 78 R67.htm IDEA: XBRL DOCUMENT v3.10.0.1
Segment Disclosures - Summary Information for the Reportable Segments (Details)
$ in Thousands
1 Months Ended 3 Months Ended 9 Months Ended
Mar. 31, 2017
USD ($)
Sep. 30, 2018
USD ($)
facility
Jun. 30, 2018
USD ($)
Mar. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Sep. 30, 2017
USD ($)
facility
Jun. 30, 2017
USD ($)
Mar. 31, 2017
USD ($)
Sep. 30, 2018
USD ($)
facility
Sep. 30, 2017
USD ($)
facility
Segment reporting information, revenues                    
Rental revenues   $ 454,786       $ 442,249     $ 1,395,722 $ 1,354,145
Operating expenses   (181,207)       (155,338)     (527,625) (467,582)
Segment NOI   273,579       286,911     868,097 886,563
Adjustments to NOI   (703)       (3,281)     (14,051) (9,855)
Adjusted NOI   272,876       283,630     854,046 876,708
Addback adjustments   703       3,281     14,051 9,855
Interest income   1,236       11,774     9,048 50,974
Interest expense   (63,486)       (71,328)     (211,626) (235,834)
Depreciation and amortization   (132,198)       (130,588)     (418,740) (397,893)
General and administrative   (23,503)       (23,523)     (75,192) (67,287)
Transaction costs   (4,489)       (580)     (9,088) (2,504)
Recoveries (impairments), net   (5,268)       (25,328)     (19,180) (82,010)
Gain (loss) on sales of real estate, net   95,332 $ 25,000   $ 34,000 5,182 $ 1,000 $ 45,000 162,211 322,852
Loss on debt extinguishments   (43,899)       (54,227)     (43,899) (54,227)
Other income (expense), net   1,604       (10,556)     (37,017) 40,723
Income tax benefit (expense)   4,929       5,481     14,919 14,630
Equity income (loss) from unconsolidated JVs   (911)       1,062     (442) 4,571
Net income (loss)   102,926       (5,720)     239,091 480,558
Corporate and other assets                    
Segment reporting information, revenues                    
Rental revenues   0       0     0 0
Operating expenses   0       0     0 0
Segment NOI   0       0     0 0
Adjustments to NOI   0       0     0 0
Adjusted NOI   0       0     0 0
Addback adjustments   0       0     0 0
Interest income   0       0     0 0
Interest expense   (62,004)       (68,924)     (205,688) (222,775)
Depreciation and amortization   0       0     0 0
General and administrative   (23,503)       (23,523)     (75,192) (67,287)
Transaction costs   (4,489)       (580)     (9,088) (2,504)
Recoveries (impairments), net   0       0     0 0
Gain (loss) on sales of real estate, net   0       0     0 0
Loss on debt extinguishments   (43,899)       (54,227)     (43,899) (54,227)
Other income (expense), net   1,604       (10,556)     3,550 (10,172)
Income tax benefit (expense)   4,929       5,481     14,919 14,630
Equity income (loss) from unconsolidated JVs   0       0     0 0
Net income (loss)   $ (127,362)       $ (152,329)     $ (315,398) $ (342,335)
Senior housing triple-net                    
Segment Disclosure                    
Number of SH NNN facilities transitioned to RIDEA structure | facility   6       3     16 4
Segment reporting information, revenues                    
Gain (loss) on sales of real estate, net $ 170,000         $ 5,000        
Senior housing triple-net | Operating segment                    
Segment reporting information, revenues                    
Rental revenues   $ 67,487       77,220     $ 212,489 $ 255,332
Operating expenses   (840)       (934)     (2,677) (2,927)
Segment NOI   66,647       76,286     209,812 252,405
Adjustments to NOI   534       (600)     (323) (2,844)
Adjusted NOI   67,181       75,686     209,489 249,561
Addback adjustments   (534)       600     323 2,844
Interest income   0       0     0 0
Interest expense   (599)       (640)     (1,806) (1,898)
Depreciation and amortization   (18,884)       (25,547)     (62,041) (77,478)
General and administrative   0       0     0 0
Transaction costs   0       0     0 0
Recoveries (impairments), net   0       0     (6,273) 0
Gain (loss) on sales of real estate, net   463       5,176     (22,687) 273,409
Loss on debt extinguishments   0       0     0 0
Other income (expense), net   0       0     0 0
Income tax benefit (expense)   0       0     0 0
Equity income (loss) from unconsolidated JVs   0       0     0 0
Net income (loss)   47,627       55,275     117,005 446,438
SHOP                    
Segment reporting information, revenues                    
Gain (loss) on sales of real estate, net       $ 21,000            
SHOP | Operating segment                    
Segment reporting information, revenues                    
Rental revenues   137,044       126,040     420,067 391,684
Operating expenses   (106,182)       (86,821)     (309,694) (267,226)
Segment NOI   30,862       39,219     110,373 124,458
Adjustments to NOI   1,378       (35)     (356) (334)
Adjusted NOI   32,240       39,184     110,017 124,124
Addback adjustments   (1,378)       35     356 334
Interest income   0       0     0 0
Interest expense   (688)       (933)     (2,067) (6,950)
Depreciation and amortization   (25,166)       (24,884)     (80,797) (75,657)
General and administrative   0       0     0 0
Transaction costs   0       0     0 0
Recoveries (impairments), net   (5,268)       0     (5,268) 0
Gain (loss) on sales of real estate, net   10,163       (2)     79,340 131
Loss on debt extinguishments   0       0     0 0
Other income (expense), net   0       0     0 0
Income tax benefit (expense)   0       0     0 0
Equity income (loss) from unconsolidated JVs   0       0     0 0
Net income (loss)   9,903       13,400     101,581 41,982
Life science | Operating segment                    
Segment reporting information, revenues                    
Rental revenues   98,040       90,174     298,692 262,224
Operating expenses   (23,668)       (19,960)     (68,208) (56,024)
Segment NOI   74,372       70,214     230,484 206,200
Adjustments to NOI   (1,439)       (785)     (7,423) (1,211)
Adjusted NOI   72,933       69,429     223,061 204,989
Addback adjustments   1,439       785     7,423 1,211
Interest income   0       0     0 0
Interest expense   (78)       (87)     (240) (288)
Depreciation and amortization   (34,432)       (30,851)     (105,782) (95,648)
General and administrative   0       0     0 0
Transaction costs   0       0     0 0
Recoveries (impairments), net   0       0     (7,639) 0
Gain (loss) on sales of real estate, net   80,580       8     80,581 45,922
Loss on debt extinguishments   0       0     0 0
Other income (expense), net   0       0     0 0
Income tax benefit (expense)   0       0     0 0
Equity income (loss) from unconsolidated JVs   0       0     0 0
Net income (loss)   120,442       39,284     197,404 156,186
Medical office | Operating segment                    
Segment reporting information, revenues                    
Rental revenues   129,618       119,847     378,798 357,381
Operating expenses   (49,150)       (46,486)     (143,114) (137,930)
Segment NOI   80,468       73,361     235,684 219,451
Adjustments to NOI   (319)       (578)     (2,383) (2,304)
Adjusted NOI   80,149       72,783     233,301 217,147
Addback adjustments   319       578     2,383 2,304
Interest income   0       0     0 0
Interest expense   (117)       (126)     (356) (382)
Depreciation and amortization   (50,294)       (42,047)     (142,229) (127,261)
General and administrative   0       0     0 0
Transaction costs   0       0     0 0
Recoveries (impairments), net   0       0     0 0
Gain (loss) on sales of real estate, net   3,903       0     3,903 (406)
Loss on debt extinguishments   0       0     0 0
Other income (expense), net   0       0     0 0
Income tax benefit (expense)   0       0     0 0
Equity income (loss) from unconsolidated JVs   0       0     0 0
Net income (loss)   33,960       31,188     97,002 91,402
Other non-reportable segments | Operating segment                    
Segment reporting information, revenues                    
Rental revenues   22,597       28,968     85,676 87,524
Operating expenses   (1,367)       (1,137)     (3,932) (3,475)
Segment NOI   21,230       27,831     81,744 84,049
Adjustments to NOI   (857)       (1,283)     (3,566) (3,162)
Adjusted NOI   20,373       26,548     78,178 80,887
Addback adjustments   857       1,283     3,566 3,162
Interest income   1,236       11,774     9,048 50,974
Interest expense   0       (618)     (1,469) (3,541)
Depreciation and amortization   (3,422)       (7,259)     (27,891) (21,849)
General and administrative   0       0     0 0
Transaction costs   0       0     0 0
Recoveries (impairments), net   0       (25,328)     0 (82,010)
Gain (loss) on sales of real estate, net   223       0     21,074 3,796
Loss on debt extinguishments   0       0     0 0
Other income (expense), net   0       0     (40,567) 50,895
Income tax benefit (expense)   0       0     0 0
Equity income (loss) from unconsolidated JVs   (911)       1,062     (442) 4,571
Net income (loss)   $ 18,356       $ 7,462     $ 41,497 $ 86,885