Revenue Breakdown

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014	Dec '13 Dec 31, 2013	Dec '12 Dec 31, 2012
Rental Income	1.43B	1.50B	1.50B
Resident Fees and Services Revenue	5.29B	4.28B	3.37B
Third Party Capital Management Revenue	17.12M	17.55M	17.36M
Income from Loans & Investments	31.22M	22.59M	9.06M
Interest & Other Income	14.12M	21.01M	28.11M
Revenue (Other)	-45.33M	-43.60M	-37.17M
Revenue (Total)	6.74B	5.79B	4.89B

Revenue Breakdown 2

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014	Dec '13 Dec 31, 2013	Dec '12 Dec 31, 2012
Senior Housing Operating Portfolio Revenue	5.29B	4.28B	3.37B
Outpatient Medical and Research Portfolio Revenue	919.43M	895.09M	874.89M
Triple-Net Leased Properties Revenue	510.12M	601.58M	622.05M
All Other Revenue	59.44M	58.34M	51.83M
Revenue (Total)	6.74B	5.79B	4.89B

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014	Dec '13 Dec 31, 2013	Dec '12 Dec 31, 2012
Triple-Net Leased Properties Segment NOI	497.88M	588.07M	606.23M
Senior Housing Operating Portfolio Segment NOI	1.54B	1.18B	866.38M
Outpatient Medical and Research Portfolio Segment NOI	605.46M	590.17M	579.27M
All Other Segment NOI	38.38M	30.75M	17.20M
Operating Income (Total)	805.87M	773.14M	558.19M

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015	FY 2014	FY 2013	FY 2012
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016	Dec '15 Dec 31, 2015	Dec '14 Dec 31, 2014	Dec '13 Dec 31, 2013	Dec '12 Dec 31, 2012
Senior Housing Communities Number of Properties	1.00K	866.00	835.00
SNFs Number of Properties	25.00	26.00	34.00
MOBs Number of Properties	-	381.00	397.00
Life Science, Research and Innovation Centers Number of Properties	-	28.00	29.00
IRFs and LTACs Number of Properties	42.00	44.00	48.00
Health Systems Number of Properties	-	13.00	13.00
Senior Housing Communities Units	-	92.20K	86.34K
SNFs Licensed Beds	-	2.44K	4.35K
MOBs Square Feet	-	20.78M	21.19M
Life Science, Research and Innovation Centers Square Feet	-	4.69M	4.48M
IRFs and LTACs Licensed Beds	-	3.45K	3.71K
Health Systems Licensed Beds	-	2.08K	2.08K