Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2017

Accounting Policies [Abstract]

Estimated Useful Lives of Real Estate Investments

Leased real estate and leasehold improvements are depreciated on a straight-line basis over the following estimated useful lives:

Buildings and building improvements	20 to 40 years
Land improvements	10 to 20 years
Fixtures and integral equipment	3 to 20 years

Schedule of Principal Amount and Fair Value of Other Financial Instruments

The fair values of the Company's financial instruments are as follows:

	September 30, 2017
	Total		Level 1		Level 2		Level 3
	(in thousands)
Assets:
Derivative asset - interest rate swaps	$	1,045	$	—	$	1,045	$	—
Liabilities:
Senior secured credit facility:
Senior secured term loan A facility	277,500				277,500
Senior secured term loan B facility	1,826,806				1,826,806
Senior secured revolving credit facility	—				—
$1,050 million 5.625% senior notes, due 2024	1,136,625				1,136,625
$500 million 4.50% senior notes, due 2026	507,500				507,500
$350 million 4.50% senior notes, due 2028	353,938		—		353,938		—
Derivative liability - interest rate swaps	2,380				2,380
	$	4,104,749	$	—	$	4,104,749	$	—