Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2016


Three Months Ended September 30, 2016:		Triple-net		Seniors Housing Operating		Outpatient Medical		Non-segment / Corporate		Total
Rental income	$	286,226	$	-	$	134,926	$	-	$	421,152
Resident fees and services		-		630,017		-		-		630,017
Interest income		23,017		1,054		1,009		-		25,080
Other income		1,621		716		358		189		2,884
Total revenues		310,864		631,787		136,293		189		1,079,133

Property operating expenses		-		432,292		41,388		-		473,680
Net operating income from continuing operations		310,864		199,495		94,905		189		605,453


Interest expense		985		39,927		3,986		84,801		129,699
Loss (gain) on derivatives, net		-		-		-		(2,516)		(2,516)
Depreciation and amortization		74,296		97,210		46,555		-		218,061
General and administrative		-		-		-		36,828		36,828
Transaction costs		1,613		18,083		146		-		19,842
Impairment of assets		5,070		-		4,635		-		9,705
Income (loss) from continuing operations before income taxes and income from unconsolidated entities		228,900		44,275		39,583		(118,924)		193,834
Income tax expense		(896)		515		417		269		305
(Loss) income from unconsolidated entities		1,998		(3,891)		144		-		(1,749)
Income (loss) from continuing operations		230,002		40,899		40,144		(118,655)		192,390
Gain (loss) on real estate dispositions, net		163,579		-		(1,228)		-		162,351
Net income (loss)	$	393,581	$	40,899	$	38,916	$	(118,655)	$	354,741

Total assets	$	11,988,519	$	12,580,092	$	4,899,012	$	388,716	$	29,856,339


Three Months Ended September 30, 2015:		Triple-net		Seniors Housing Operating		Outpatient Medical		Non-segment / Corporate		Total
Rental income	$	277,614	$	-	$	131,676	$	-	$	409,290
Resident fees and services		-		545,255		-		-		545,255
Interest income		19,454		1,054		1,872		-		22,380
Other income		969		772		309		22		2,072
Total revenues		298,037		547,081		133,857		22		978,997

Property operating expenses		-		368,050		40,653		-		408,703
Net operating income from continuing operations		298,037		179,031		93,204		22		570,294


Interest expense		11,347		30,990		6,811		71,982		121,130
Depreciation and amortization		72,589		87,306		45,904		-		205,799
General and administrative		-		-		-		36,950		36,950
Transaction costs		1,865		7,630		(162)		-		9,333
Loss (gain) on extinguishment of debt, net		(139)		-		-		723		584
Income (loss) from continuing operations before income taxes and income from unconsolidated entities		212,375		53,105		40,651		(109,633)		196,498
Income tax expense		87		3,237		154		(134)		3,344
(Loss) income from unconsolidated entities		2,851		(5,629)		147		-		(2,631)
Income (loss) from continuing operations		215,313		50,713		40,952		(109,767)		197,211
Gain (loss) on real estate dispositions, net		2,155		-		(109)		-		2,046
Net income (loss)	$	217,468	$	50,713	$	40,843	$	(109,767)	$	199,257


Nine Months Ended September 30, 2016:		Triple-net		Seniors Housing Operating		Outpatient Medical		Non-segment / Corporate		Total
Rental income	$	857,184	$	-	$	402,258	$	-	$	1,259,442
Resident fees and services		-		1,847,386		-		-		1,847,386
Interest income		67,842		3,126		3,307		-		74,275
Other income		4,317		11,889		4,824		705		21,735
Total revenues		929,343		1,862,401		410,389		705		3,202,838

Property operating expenses		-		1,259,182		122,966		-		1,382,148
Net operating income from continuing operations		929,343		603,219		287,423		705		1,820,690


Interest expense		8,608		123,445		15,132		247,800		394,985
Loss (gain) on derivatives, net		-		-		-		(2,516)		(2,516)
Depreciation and amortization		229,906		301,354		142,066		-		673,326
General and administrative		-		-		-		122,434		122,434
Transaction costs		5,760		25,259		2,188		-		33,207
Loss (gain) on extinguishment of debt, net		97		(88)		-		-		9
Impairment of assets		19,384		-		4,635		-		24,019
Other expenses		-		-		-		3,161		3,161
Income (loss) from continuing operations before income taxes and income from unconsolidated entities		665,588		153,249		123,402		(370,174)		572,065
Income tax expense		(1,425)		5,304		(59)		(1,277)		2,543
(Loss) income from unconsolidated entities		8,097		(15,713)		88		-		(7,528)
Income (loss) from continuing operations		672,260		142,840		123,431		(371,451)		567,080
Gain (loss) on real estate dispositions, net		165,109		-		(1,228)		-		163,881
Net income (loss)	$	837,369	$	142,840	$	122,203	$	(371,451)	$	730,961


Nine Months Ended September 30, 2015:		Triple-net		Seniors Housing Operating		Outpatient Medical		Non-segment / Corporate		Total
Rental income	$	812,179	$	-	$	373,323	$	-	$	1,185,502
Resident fees and services		-		1,573,318		-		-		1,573,318
Interest income		52,343		3,126		4,481		-		59,950
Other income		5,823		5,001		665		83		11,572
Total revenues		870,345		1,581,445		378,469		83		2,830,342

Property operating expenses		-		1,067,127		116,392		-		1,183,519
Net operating income from continuing operations		870,345		514,318		262,077		83		1,646,823


Interest expense		21,083		104,283		21,192		214,513		361,071
Loss (gain) on derivatives, net		(58,427)		-		-		-		(58,427)
Depreciation and amortization		212,537		252,785		138,109		-		603,431
General and administrative		-		-		-		110,562		110,562
Transaction costs		45,615		23,610		1,154		-		70,379
Loss (gain) on extinguishment of debt, net		10,096		-		-		24,776		34,872
Impairment of assets		2,220		-		-		-		2,220
Other expenses		-		-		-		10,583		10,583
Income (loss) from continuing operations before income taxes and income from unconsolidated entities		637,221		133,640		101,622		(360,351)		512,132
Income tax expense		(2,617)		(745)		460		(867)		(3,769)
(Loss) income from unconsolidated entities		5,697		(26,785)		2,857		-		(18,231)
Income (loss) from continuing operations		640,301		106,110		104,939		(361,218)		490,132
Gain (loss) on real estate dispositions, net		56,251		-		192,751		-		249,002
Net income (loss)	$	696,552	$	106,110	$	297,690	$	(361,218)	$	739,134