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CCP MERGER AND RECENT REAL ESTATE ACQUISITIONS (Tables)
 9 Months Ended
Sep. 30, 2018
Business Combinations [Abstract]  
Purchase Price Allocation
The following table summarizes the purchase price allocation for the CCP Merger based on the Company’s valuation, including estimates and assumptions of the acquisition date fair value of the tangible and intangible assets acquired and liabilities assumed on August 17, 2017 (in thousands):
Real estate investments
$
3,727,310

Loans receivable and other investments
58,244

Cash and cash equivalents
77,859

Restricted cash
779

Lease intangible assets, net
145,786

Accounts receivable, prepaid expenses and other assets, net
35,873

Secured debt, net
(98,500
)
Revolving credit facility
(362,000
)
Unsecured term loans
(674,000
)
Senior unsecured notes, net
(616,873
)
Accounts payable and accrued liabilities
(134,802
)
Lease intangible liabilities, net
(102,643
)
Noncontrolling interests
(4,455
)
Total consideration
$
2,052,578

 
 
Allocation of the consideration was based on certain valuations and analyses and is as follows (in thousands):
 
 
Nine Months Ended September 30,
 
 
2018
 
2017
Land
 
$
28,089

 
$
55,579

Building and improvements
 
208,678

 
329,462

Tenant origination and absorption costs intangible assets
 
1,669

 
6,143

Tenant relationship intangible assets
 
565

 
1,880

 
 
 
 
 
Total consideration
 
$
239,001

 
$
393,064