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Credit Concentration (Tables)
12 Months Ended
Dec. 31, 2021
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, 2021, excluding our share of NOI in unconsolidated entities (dollars in thousands):
Number ofTotalPercent of
Concentration by relationship:(1)
PropertiesNOI
NOI(2)
ProMedica205 $228,052 12%
Sunrise Senior Living(3)
110 195,148 10%
Revera(3)
85 90,015 5%
Avery Healthcare61 84,552 4%
HC-One Group (4)
65,942 3%
Remaining portfolio1,189 1,303,844 66%
Totals1,651 $1,967,553 100%
(1) Sunrise and Revera are in our Seniors Housing Operating segment. ProMedica and HC-One Group are in our Triple-net segment. Avery Healthcare is in both the Triple-net and Seniors Housing Operating segments.
(2) NOI with our top five relationships comprised 36% of total NOI for the year ending December 31, 2020.
(3) Revera owns a controlling interest in Sunrise. For the year ended December 31, 2021, we recognized $1,051,094,000 of revenue from properties managed by Sunrise.
(4) In addition to the one property, HC-One Group is the borrower on a £540,000,000 loan. See Note 7 for further detail.