XML 104 R86.htm IDEA: XBRL DOCUMENT v3.10.0.1
SUMMARIZED CONSOLIDATING INFORMATION - Consolidating Statement of Cash Flows (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Condensed Financial Statements, Captions [Line Items]      
Net cash provided by operating activities $ 358,543 $ 135,789 $ 175,928
Cash flows from investing activities:      
Acquisition of real estate (261,511) (419,905) (153,579)
Cash received in CCP Merger 0 77,859 0
Origination and fundings of loans receivable (50,731) (17,239) (9,675)
Origination and fundings of preferred equity investments (5,313) (2,749) (7,348)
Additions to real estate (27,697) (6,954) (1,003)
Repayments of loans receivable 51,789 32,430 215,962
Repayments of preferred equity investments 6,870 3,755 0
Investment in unconsolidated joint venture (354,461) 0 0
Net proceeds from sales of real estate 382,560 150,243 98,006
Investment in subsidiary     0
Distribution from subsidiaries 0 0 0
Intercompany financing 0 0 0
Net cash (used in) provided by investing activities (258,494) (182,560) 142,363
Cash flows from financing activities:      
Net borrowings from revolving credit facility   253,000  
Net repayments of revolving credit facility (17,000)   (229,000)
Proceeds from term loans 0 181,000 69,360
Principal payments on secured debt (140,338) (4,145) (14,768)
Payments of deferred financing costs (352) (15,337) (5,937)
Payment of contingent consideration 0 (382) 0
Distributions to noncontrolling interests (142) (30) 0
Issuance of common stock, net (499) 366,800 (1,289)
Preferred stock redemption (143,750) 0 0
Dividends paid on common and preferred stock (325,220) (182,089) (119,264)
Contribution from parent     0
Distribution to parent 0 0 0
Intercompany financing 0 0 0
Net cash (used in) provided by financing activities (627,301) 598,817 (300,898)
Net (decrease) increase in cash, cash equivalents and restricted cash (527,252) 552,046 17,393
Effect of foreign currency translation on cash, cash equivalents and restricted cash (539) 738 25
Cash, cash equivalents and restricted cash, beginning of period 587,449 34,665 17,247
Cash, cash equivalents and restricted cash, end of period 59,658 587,449 34,665
Elimination      
Condensed Financial Statements, Captions [Line Items]      
Net cash provided by operating activities 0 0 0
Cash flows from investing activities:      
Acquisition of real estate 0 0 0
Cash received in CCP Merger   0  
Origination and fundings of loans receivable 0 0 0
Origination and fundings of preferred equity investments 0 0 0
Additions to real estate 0 0 0
Repayments of loans receivable 0 0 0
Repayments of preferred equity investments 0 0  
Investment in unconsolidated joint venture 0    
Net proceeds from sales of real estate 0 0 0
Investment in subsidiary     400
Distribution from subsidiaries (10,914) (4,948) (12,808)
Intercompany financing 617,098 80,665 (142,358)
Net cash (used in) provided by investing activities 606,184 75,717 (154,766)
Cash flows from financing activities:      
Net borrowings from revolving credit facility   0  
Net repayments of revolving credit facility 0   0
Proceeds from term loans   0 0
Principal payments on secured debt 0 0 0
Payments of deferred financing costs 0 0 0
Payment of contingent consideration   0  
Distributions to noncontrolling interests 0 0  
Issuance of common stock, net 0 0 0
Preferred stock redemption 0    
Dividends paid on common and preferred stock 0 0 0
Contribution from parent     (400)
Distribution to parent 10,914 4,948 12,808
Intercompany financing (617,098) (80,665) 142,358
Net cash (used in) provided by financing activities (606,184) (75,717) 154,766
Net (decrease) increase in cash, cash equivalents and restricted cash 0 0 0
Effect of foreign currency translation on cash, cash equivalents and restricted cash 0 0 0
Cash, cash equivalents and restricted cash, beginning of period 0 0 0
Cash, cash equivalents and restricted cash, end of period 0 0 0
Parent Company | Reportable Legal Entities      
Condensed Financial Statements, Captions [Line Items]      
Net cash provided by operating activities 310,442 59,640 153,577
Cash flows from investing activities:      
Acquisition of real estate 0 0 0
Cash received in CCP Merger   77,859  
Origination and fundings of loans receivable 0 0 0
Origination and fundings of preferred equity investments 0 0 0
Additions to real estate (40) (181) (124)
Repayments of loans receivable 0 0 0
Repayments of preferred equity investments 0 0  
Investment in unconsolidated joint venture 0    
Net proceeds from sales of real estate 0 0 0
Investment in subsidiary     (200)
Distribution from subsidiaries 5,457 2,474 6,404
Intercompany financing (317,225) 168,999 (23,484)
Net cash (used in) provided by investing activities (311,808) 249,151 (17,404)
Cash flows from financing activities:      
Net borrowings from revolving credit facility   0  
Net repayments of revolving credit facility 0   0
Proceeds from term loans   0 0
Principal payments on secured debt 0 0 0
Payments of deferred financing costs 0 0 0
Payment of contingent consideration   0  
Distributions to noncontrolling interests 0 0  
Issuance of common stock, net (499) 366,800 (1,289)
Preferred stock redemption (143,750)    
Dividends paid on common and preferred stock (325,220) (182,089) (119,264)
Contribution from parent     0
Distribution to parent 0 0 0
Intercompany financing 0 0 0
Net cash (used in) provided by financing activities (469,469) 184,711 (120,553)
Net (decrease) increase in cash, cash equivalents and restricted cash (470,835) 493,502 15,620
Effect of foreign currency translation on cash, cash equivalents and restricted cash 0 0 0
Cash, cash equivalents and restricted cash, beginning of period 511,670 18,168 2,548
Cash, cash equivalents and restricted cash, end of period 40,835 511,670 18,168
Operating Partnership | Reportable Legal Entities      
Condensed Financial Statements, Captions [Line Items]      
Net cash provided by operating activities 0 0 0
Cash flows from investing activities:      
Acquisition of real estate 0 0 0
Cash received in CCP Merger   0  
Origination and fundings of loans receivable 0 0 0
Origination and fundings of preferred equity investments 0 0 0
Additions to real estate 0 0 0
Repayments of loans receivable 0 0 0
Repayments of preferred equity investments 0 0  
Investment in unconsolidated joint venture 0    
Net proceeds from sales of real estate 0 0 0
Investment in subsidiary     (200)
Distribution from subsidiaries 5,457 2,474 6,404
Intercompany financing (299,873) (249,664) 165,842
Net cash (used in) provided by investing activities (294,416) (247,190) 172,046
Cash flows from financing activities:      
Net borrowings from revolving credit facility   253,000  
Net repayments of revolving credit facility (17,000)   (229,000)
Proceeds from term loans   181,000 45,000
Principal payments on secured debt 0 0 0
Payments of deferred financing costs (352) (15,337) (5,326)
Payment of contingent consideration   0  
Distributions to noncontrolling interests 0 0  
Issuance of common stock, net 0 0 0
Preferred stock redemption 0    
Dividends paid on common and preferred stock 0 0 0
Contribution from parent     200
Distribution to parent (5,457) (2,474) (6,404)
Intercompany financing 317,225 (168,999) 23,484
Net cash (used in) provided by financing activities 294,416 247,190 (172,046)
Net (decrease) increase in cash, cash equivalents and restricted cash 0 0 0
Effect of foreign currency translation on cash, cash equivalents and restricted cash 0 0 0
Cash, cash equivalents and restricted cash, beginning of period 0 0 0
Cash, cash equivalents and restricted cash, end of period 0 0 0
Sabra Capital Corporation | Reportable Legal Entities      
Condensed Financial Statements, Captions [Line Items]      
Net cash provided by operating activities 0 0 0
Cash flows from investing activities:      
Acquisition of real estate 0 0 0
Cash received in CCP Merger   0  
Origination and fundings of loans receivable 0 0 0
Origination and fundings of preferred equity investments 0 0 0
Additions to real estate 0 0 0
Repayments of loans receivable 0 0 0
Repayments of preferred equity investments 0 0  
Investment in unconsolidated joint venture 0    
Net proceeds from sales of real estate 0 0 0
Investment in subsidiary     0
Distribution from subsidiaries 0 0 0
Intercompany financing 0 0 0
Net cash (used in) provided by investing activities 0 0 0
Cash flows from financing activities:      
Net borrowings from revolving credit facility   0  
Net repayments of revolving credit facility 0   0
Proceeds from term loans   0 0
Principal payments on secured debt 0 0 0
Payments of deferred financing costs 0 0 0
Payment of contingent consideration   0  
Distributions to noncontrolling interests 0 0  
Issuance of common stock, net 0 0 0
Preferred stock redemption 0    
Dividends paid on common and preferred stock 0 0 0
Contribution from parent     0
Distribution to parent 0 0 0
Intercompany financing 0 0 0
Net cash (used in) provided by financing activities 0 0 0
Net (decrease) increase in cash, cash equivalents and restricted cash 0 0 0
Effect of foreign currency translation on cash, cash equivalents and restricted cash 0 0 0
Cash, cash equivalents and restricted cash, beginning of period 0 0 0
Cash, cash equivalents and restricted cash, end of period 0 0 0
Combined Guarantor Subsidiaries of 2021 Notes and 2023 Notes | Reportable Legal Entities      
Condensed Financial Statements, Captions [Line Items]      
Net cash provided by operating activities 1,639 41,085 10,343
Cash flows from investing activities:      
Acquisition of real estate (77,225) (419,905) (153,579)
Cash received in CCP Merger   0  
Origination and fundings of loans receivable (6,317) (1,799) (9,675)
Origination and fundings of preferred equity investments (5,313) (2,749) (7,348)
Additions to real estate (6,862) (2,339) (502)
Repayments of loans receivable 8,946 12,441 215,962
Repayments of preferred equity investments 6,870 3,755  
Investment in unconsolidated joint venture 0    
Net proceeds from sales of real estate 284,958 149,849 97,407
Investment in subsidiary     0
Distribution from subsidiaries 0 0 0
Intercompany financing 0 0 0
Net cash (used in) provided by investing activities 205,057 (260,747) 142,265
Cash flows from financing activities:      
Net borrowings from revolving credit facility   0  
Net repayments of revolving credit facility 0   0
Proceeds from term loans   0 24,360
Principal payments on secured debt 0 0 (10,766)
Payments of deferred financing costs 0 0 (611)
Payment of contingent consideration   (382)  
Distributions to noncontrolling interests 0 0  
Issuance of common stock, net 0 0 0
Preferred stock redemption 0    
Dividends paid on common and preferred stock 0 0 0
Contribution from parent     0
Distribution to parent 0 0 0
Intercompany financing (238,392) 254,608 (165,175)
Net cash (used in) provided by financing activities (238,392) 254,226 (152,192)
Net (decrease) increase in cash, cash equivalents and restricted cash (31,696) 34,564 416
Effect of foreign currency translation on cash, cash equivalents and restricted cash (335) 63 72
Cash, cash equivalents and restricted cash, beginning of period 37,359 2,732 2,244
Cash, cash equivalents and restricted cash, end of period 5,328 37,359 2,732
Combined Non-Guarantor Subsidiaries of 2021 Notes and 2023 Notes | Reportable Legal Entities      
Condensed Financial Statements, Captions [Line Items]      
Net cash provided by operating activities 46,462 35,064 12,008
Cash flows from investing activities:      
Acquisition of real estate (184,286) 0 0
Cash received in CCP Merger   0  
Origination and fundings of loans receivable (44,414) (15,440) 0
Origination and fundings of preferred equity investments 0 0 0
Additions to real estate (20,795) (4,434) (377)
Repayments of loans receivable 42,843 19,989 0
Repayments of preferred equity investments 0 0  
Investment in unconsolidated joint venture (354,461)    
Net proceeds from sales of real estate 97,602 394 599
Investment in subsidiary     0
Distribution from subsidiaries 0 0 0
Intercompany financing 0 0 0
Net cash (used in) provided by investing activities (463,511) 509 222
Cash flows from financing activities:      
Net borrowings from revolving credit facility   0  
Net repayments of revolving credit facility 0   0
Proceeds from term loans   0 0
Principal payments on secured debt (140,338) (4,145) (4,002)
Payments of deferred financing costs 0 0 0
Payment of contingent consideration   0  
Distributions to noncontrolling interests (142) (30)  
Issuance of common stock, net 0 0 0
Preferred stock redemption 0    
Dividends paid on common and preferred stock 0 0 0
Contribution from parent     200
Distribution to parent (5,457) (2,474) (6,404)
Intercompany financing 538,265 (4,944) (667)
Net cash (used in) provided by financing activities 392,328 (11,593) (10,873)
Net (decrease) increase in cash, cash equivalents and restricted cash (24,721) 23,980 1,357
Effect of foreign currency translation on cash, cash equivalents and restricted cash (204) 675 (47)
Cash, cash equivalents and restricted cash, beginning of period 38,420 13,765 12,455
Cash, cash equivalents and restricted cash, end of period $ 13,495 $ 38,420 $ 13,765