XML 54 R38.htm IDEA: XBRL DOCUMENT v3.20.4
Credit Concentration (Tables)
12 Months Ended
Dec. 31, 2020
Concentration Risks, Types, No Concentration Percentage [Abstract]  
Summary of Credit Concentration The following table summarizes certain information about our credit concentration for the year ended December 31, 2020, excluding our share of NOI in unconsolidated entities (dollars in thousands):
Number ofTotalPercent of
Concentration by relationship:(1)
PropertiesNOI
NOI(2)
Sunrise Senior Living(3)
165 $257,558 13%
ProMedica215 212,593 11%
Revera(3)
94 100,344 5%
Avery Healthcare60 75,863 4%
Sagora Senior Living31 67,399 3%
Remaining portfolio928 1,294,387 64%
Totals1,493 $2,008,144 100%
(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 ending December 31, 2019.
(3) Revera owns a controlling interest in Sunrise. For the year ended December 31, 2020, we recognized $1,147,146,000 of revenue from properties managed by Sunrise Senior Living.