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Operating Leases (Tables)
12 Months Ended
Dec. 31, 2016
Operating Leases  
Schedule of HCRMC rental and related revenues and HCRMC equity income

The Company recognized HCRMC rental and related revenues and HCRMC equity income as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31, 

 

 

    

2016

    

2015

    

2014

 

Cash rental and related revenues from HCRMC

 

$

442,113

 

$

482,559

 

$

519,024

 

Non-cash rental and related revenues from HCRMC

 

 

 —

 

 

118,904

 

 

78,732

 

Total rental and related revenues from HCRMC

 

$

442,113

 

$

601,463

 

$

597,756

 

Rental and related revenues reclassified to equity income(1)

 

$

 —

 

$

37,543

 

$

56,487

 

Equity income from HCRMC

 

 

 —

 

 

(3,033)

 

 

3,982

 

Total equity income from HCRMC

 

$

 —

 

$

34,510

 

$

60,469

 


(1)

In December 2015, the Company reduced the carrying amount of its equity investment in HCRMC to zero, and beginning January 1, 2016, equity income will be recognized only if cash distributions are received from HCRMC; as a result, the Company will no longer reclassify (eliminate) its proportional ownership share of rental and related revenues from HCRMC to income from equity method investment (see Note 6).

Schedule of lease payments contractually owed on an annual basis, excluding operating expense reimbursements, from tenants under non cancelable operating leases

The following table summarizes lease payments contractually owed on an annual basis, excluding renewal options that are not reasonably assured and operating expense reimbursements, from tenants under non‑cancelable operating leases excluding the impact of seven properties held for sale as of December 31, 2016 (in thousands):

 

 

 

 

 

 

Year

    

Amount

 

2017

 

$

488,895

 

2018

 

 

513,145

 

2019

 

 

515,823

 

2020

 

 

521,837

 

2021

 

 

537,307

 

Thereafter

 

 

6,294,389

 

 

 

$

8,871,396