Credit Concentration

9 Months Ended

Sep. 30, 2020

Risks and Uncertainties [Abstract]

Credit Concentration

Credit Concentration

We use consolidated net operating income (“NOI”) as our credit concentration metric. See Note 18 for additional information and reconciliation. The following table summarizes certain information about our credit concentration for the nine months ended September 30, 2020, excluding our share of NOI in unconsolidated entities (dollars in thousands):

Concentration by relationship: (1)	Number of Properties	Total NOI		Percent of NOI (2)
Sunrise Senior Living (3)	165	$	194,952	13%
ProMedica	215	159,562		11%
Revera (3)	94	81,317		5%
Avery Healthcare	59	56,192		4%
Sagora Senior Living	31	50,539		3%
Remaining portfolio	924	964,127		64%
Totals	1,488	$	1,506,689	100%

(1) Sunrise Senior Living and Revera are in our Seniors Housing Operating segment. ProMedica is in our Triple-net segment. Avery Healthcare and Sagora Senior Living are in both the Triple-net and Seniors Housing Operating segments.

(2) NOI with our top five relationships comprised 37% of total NOI for the year ended December 31, 2019.

(3) Revera owns a controlling interest in Sunrise Senior Living.