| Segment Information |
17.Segment Information
We evaluate performance and make resource allocation decisions on an industry by industry basis. For financial reporting purposes, we have grouped our tenants into 48 activity segments. All of the properties are incorporated into one of the applicable segments. Because almost all of our leases require the tenant to pay operating expenses, rental revenue is the only component of segment profit and loss we measure.
The following tables set forth certain information regarding the properties owned by us, classified according to the business of the respective tenants, as of March 31, 2015 (dollars in thousands):
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March 31,
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December 31,
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Assets, as of:
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2015
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2014
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Segment net real estate:
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Apparel
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$
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187,016
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$
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188,387
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Automotive service
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131,420
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119,684
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Automotive tire services
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252,785
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254,857
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Beverages
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300,932
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302,001
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Child care
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53,647
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54,523
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Convenience stores
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746,209
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752,047
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Dollar stores
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1,156,416
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1,165,560
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Drug stores
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1,057,256
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1,036,697
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Financial services
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260,145
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262,095
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Grocery stores
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336,052
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338,624
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Health and fitness
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541,941
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546,583
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Health care
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224,982
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227,084
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Home improvement
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229,131
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226,577
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Restaurants-casual dining
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444,247
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450,337
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Restaurants-quick service
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376,562
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336,753
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Theaters
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375,636
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375,982
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Transportation services
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659,753
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661,053
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Wholesale club
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462,317
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465,569
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30 other non-reportable segments
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2,056,694
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2,017,127
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Total segment net real estate
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9,853,141
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9,781,540
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Intangible assets:
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Apparel
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51,580
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52,680
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Automotive service
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20,111
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2,909
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Automotive tire services
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14,453
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14,871
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Beverages
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2,732
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2,797
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Convenience stores
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17,161
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17,535
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Dollar stores
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57,352
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58,691
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Drug stores
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197,445
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194,905
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Financial services
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38,330
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39,564
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Grocery stores
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45,719
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46,729
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Health and fitness
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65,189
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66,460
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Health care
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33,750
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35,017
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Home improvement
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36,946
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35,726
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Restaurants-casual dining
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10,335
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10,649
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Restaurants-quick service
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21,623
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16,415
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Theaters
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20,561
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21,601
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Transportation services
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97,902
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101,040
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Wholesale club
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38,834
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39,707
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Other non-reportable segments
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286,822
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282,428
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Goodwill:
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Automotive service
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448
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452
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Automotive tire services
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865
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865
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Child care
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5,064
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5,095
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Convenience stores
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2,023
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2,023
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Restaurants-casual dining
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2,269
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2,279
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Restaurants-quick service
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1,085
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1,085
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Other non-reportable segments
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3,671
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3,671
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Other corporate assets
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166,742
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175,888
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Total assets
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$
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11,092,153
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$
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11,012,622
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Revenue for the three months ended March 31,
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2015
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2014
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Segment rental revenue:
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Apparel
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$
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5,004
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$
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3,800
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Automotive service
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4,232
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3,994
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Automotive tire services
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7,069
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7,052
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Beverages
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6,328
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6,253
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Child care
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5,019
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4,988
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Convenience stores
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22,545
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22,105
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Dollar stores
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21,947
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19,523
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Drug stores
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22,568
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20,264
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Financial services
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4,264
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4,122
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Grocery stores
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7,283
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5,891
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Health and fitness
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16,015
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14,848
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Health care
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4,017
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3,987
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Home improvement
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5,178
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2,771
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Restaurants-casual dining
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9,506
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9,757
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Restaurants-quick service
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10,395
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8,729
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Theaters
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12,190
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11,529
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Transportation services
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12,951
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11,282
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Wholesale club
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9,341
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8,751
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30 other non-reportable segments
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49,270
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44,476
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Total rental revenue
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235,122
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214,122
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Tenant reimbursements
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9,963
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6,427
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Other revenue
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1,782
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1,023
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Total revenue
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$
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246,867
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$
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221,572
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