XML 16 R29.htm IDEA: XBRL DOCUMENT v3.19.3
Dispositions and Assets Held for Sale (Tables)
9 Months Ended
Sep. 30, 2019
Discontinued Operations and Disposal Groups [Abstract]  
Summary of Real Property Disposition Activity The following is a summary of our real property disposition activity for the periods presented (in thousands):
 
 
Nine Months Ended September 30,
 
 
2019
 
2018
Real estate dispositions:
 
 
 
 
Seniors Housing Operating
 
$
1,204,084

 
$
2,200

Triple-net
 
660,885

 
604,480

Outpatient Medical
 
482

 
223,069

Total dispositions
 
1,865,451

 
829,749

Gain (loss) on real estate dispositions, net
 
735,977

 
373,662

Net other assets/liabilities disposed
 
(357
)
 
5,090

Proceeds from real estate dispositions
 
$
2,601,071

 
$
1,208,501


Dispositions and Assets Held for Sale The following represents the activity related to these properties for the periods presented (in thousands):
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2019
 
2018
 
2019
 
2018
Revenues:
 
 
 
 
 
 
 
 
Total revenues
 
$
37,431

 
$
126,386

 
$
271,119

 
$
381,440

Expenses:
 
 
 
 
 
 
 
 
Interest expense
 
455

 
643

 
1,716

 
2,144

Property operating expenses
 
22,576

 
79,989

 
172,738

 
233,858

Provision for depreciation
 
188

 
16,556

 
25,563

 
55,341

Total expenses
 
23,219

 
97,188

 
200,017

 
291,343

Income (loss) from real estate dispositions, net
 
$
14,212

 
$
29,198

 
$
71,102

 
$
90,097