Credit Concentration

9 Months Ended

Sep. 30, 2017

8. Credit Concentration

We use consolidated net operating income (“NOI”) as our credit concentration metric. See Note 17 for additional information and reconciliation. The following table summarizes certain information about our credit concentration for the nine months ended September 30, 2017, excluding our share of NOI in unconsolidated entities (dollars in thousands):

		Number of	Total		Percent of
Concentration by relationship:⁽¹⁾		Properties	NOI		NOI⁽²⁾
	Sunrise Senior Living⁽³⁾	157		235,814	14%
	Genesis Healthcare	86	$	149,345	9%
	Revera⁽³⁾	98		117,124	7%
	Brookdale Senior Living	137		113,466	7%
	Benchmark Senior Living	48		74,070	4%
	Remaining portfolio	752		986,543	59%
	Totals	1,278	$	1,676,362	100%

(1) Genesis Healthcare is in our triple-net segment. Sunrise Senior Living and Revera are in our seniors housing operating segment. Benchmark Senior Living and Brookdale Senior Living are in both our triple-net and seniors housing operating segments.
(2) NOI with our top five relationships comprised 45% of total NOI for the year ending December 31, 2016.
(3) Revera owns a controlling interest in Sunrise Senior Living.