XML 33 R76.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
SUMMARIZED CONSOLIDATING INFORMATION - Consolidating Balance Sheet (Details) - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Assets        
Real estate investments, net of accumulated depreciation $ 5,341,370 $ 5,853,545    
Loans receivable and other investments, net 107,374 113,722    
Investment in unconsolidated joint venture 319,460 340,120    
Cash and cash equivalents 39,097 50,230    
Restricted cash 10,046 9,428    
Lease intangible assets, net 101,509 131,097    
Accounts receivable, prepaid expenses and other assets, net 150,443 167,161    
Intercompany 0 0    
Investment in subsidiaries 0 0    
Total assets 6,069,299 6,665,303    
Liabilities        
Secured debt, net 113,070 115,679    
Revolving credit facility 0 624,000    
Term loans, net 1,040,258 1,184,930    
Senior unsecured notes, net 1,248,773 1,307,394    
Accounts payable and accrued liabilities 108,792 94,827    
Lease intangible liabilities, net 69,946 83,726    
Intercompany 0 0    
Total liabilities 2,580,839 3,410,556    
Equity        
Total Sabra Health Care REIT, Inc. stockholders’ equity 3,488,460 3,250,414    
Noncontrolling interests 0 4,333    
Total equity 3,488,460 3,254,747 $ 3,437,249 $ 1,015,609
Total liabilities and equity 6,069,299 6,665,303    
Elimination        
Assets        
Real estate investments, net of accumulated depreciation 0 0    
Loans receivable and other investments, net 0 0    
Investment in unconsolidated joint venture 0 0    
Cash and cash equivalents 0 0    
Restricted cash 0 0    
Lease intangible assets, net 0 0    
Accounts receivable, prepaid expenses and other assets, net (10,212) (11,019)    
Intercompany (3,854,294) (4,618,728)    
Investment in subsidiaries (3,218,749) (2,921,593)    
Total assets (7,083,255) (7,551,340)    
Liabilities        
Secured debt, net 0 0    
Revolving credit facility 0 0    
Term loans, net 0 0    
Senior unsecured notes, net 0 0    
Accounts payable and accrued liabilities (10,212) (11,019)    
Lease intangible liabilities, net 0 0    
Intercompany (3,854,294) (4,618,728)    
Total liabilities (3,864,506) (4,629,747)    
Equity        
Total Sabra Health Care REIT, Inc. stockholders’ equity   (2,921,593)    
Noncontrolling interests   0    
Total equity (3,218,749) (2,921,593)    
Total liabilities and equity (7,083,255) (7,551,340)    
Parent Company | Reportable Legal Entities        
Assets        
Real estate investments, net of accumulated depreciation 384 317    
Loans receivable and other investments, net (564) (560)    
Investment in unconsolidated joint venture 0 0    
Cash and cash equivalents 29,369 40,835    
Restricted cash 0 0    
Lease intangible assets, net 0 0    
Accounts receivable, prepaid expenses and other assets, net 4,753 798    
Intercompany 2,126,198 1,972,059    
Investment in subsidiaries 1,359,702 1,258,715    
Total assets 3,519,842 3,272,164    
Liabilities        
Secured debt, net 0 0    
Revolving credit facility 0 0    
Term loans, net 0 0    
Senior unsecured notes, net 0 0    
Accounts payable and accrued liabilities 31,382 21,750    
Lease intangible liabilities, net 0 0    
Intercompany 0 0    
Total liabilities 31,382 21,750    
Equity        
Total Sabra Health Care REIT, Inc. stockholders’ equity   3,250,414    
Noncontrolling interests   0    
Total equity 3,488,460 3,250,414    
Total liabilities and equity 3,519,842 3,272,164    
Operating Partnership | Reportable Legal Entities        
Assets        
Real estate investments, net of accumulated depreciation 0 0    
Loans receivable and other investments, net 0 0    
Investment in unconsolidated joint venture 0 0    
Cash and cash equivalents 0 0    
Restricted cash 0 0    
Lease intangible assets, net 0 0    
Accounts receivable, prepaid expenses and other assets, net 18,655 37,075    
Intercompany 1,728,096 2,646,669    
Investment in subsidiaries 1,823,897 1,629,795    
Total assets 3,570,648 4,313,539    
Liabilities        
Secured debt, net 0 0    
Revolving credit facility 0 624,000    
Term loans, net 945,393 1,094,177    
Senior unsecured notes, net 1,248,773 1,307,394    
Accounts payable and accrued liabilities 16,780 29,253    
Lease intangible liabilities, net 0 0    
Intercompany 0 0    
Total liabilities 2,210,946 3,054,824    
Equity        
Total Sabra Health Care REIT, Inc. stockholders’ equity   1,258,715    
Noncontrolling interests   0    
Total equity 1,359,702 1,258,715    
Total liabilities and equity 3,570,648 4,313,539    
Sabra Health Care, L.L.C. | Reportable Legal Entities        
Assets        
Real estate investments, net of accumulated depreciation 0 0    
Loans receivable and other investments, net 0 0    
Investment in unconsolidated joint venture 0 0    
Cash and cash equivalents 0 0    
Restricted cash 0 0    
Lease intangible assets, net 0 0    
Accounts receivable, prepaid expenses and other assets, net 0 0    
Intercompany 0 0    
Investment in subsidiaries 0 0    
Total assets 0 0    
Liabilities        
Secured debt, net 0 0    
Revolving credit facility 0 0    
Term loans, net 0 0    
Senior unsecured notes, net 0 0    
Accounts payable and accrued liabilities 0 0    
Lease intangible liabilities, net 0 0    
Intercompany 0 0    
Total liabilities 0 0    
Equity        
Total Sabra Health Care REIT, Inc. stockholders’ equity   0    
Noncontrolling interests   0    
Total equity 0 0    
Total liabilities and equity 0 0    
Combined Non-Guarantor Subsidiaries | Reportable Legal Entities        
Assets        
Real estate investments, net of accumulated depreciation 5,340,986 5,853,228    
Loans receivable and other investments, net 107,938 114,282    
Investment in unconsolidated joint venture 319,460 340,120    
Cash and cash equivalents 9,728 9,395    
Restricted cash 10,046 9,428    
Lease intangible assets, net 101,509 131,097    
Accounts receivable, prepaid expenses and other assets, net 137,247 140,307    
Intercompany 0 0    
Investment in subsidiaries 35,150 33,083    
Total assets 6,062,064 6,630,940    
Liabilities        
Secured debt, net 113,070 115,679    
Revolving credit facility 0 0    
Term loans, net 94,865 90,753    
Senior unsecured notes, net 0 0    
Accounts payable and accrued liabilities 70,842 54,843    
Lease intangible liabilities, net 69,946 83,726    
Intercompany 3,854,294 4,618,728    
Total liabilities 4,203,017 4,963,729    
Equity        
Total Sabra Health Care REIT, Inc. stockholders’ equity   1,662,878    
Noncontrolling interests   4,333    
Total equity 1,859,047 1,667,211    
Total liabilities and equity $ 6,062,064 $ 6,630,940