Dispositions and acquisitions

9 Months Ended

Sep. 30, 2018

Business Combinations [Abstract]

Dispositions and acquisitions

(8) Dispositions and acquisitions

Nine-month period ended September 30, 2018:

Acquisitions:

During the first nine months of 2018, we paid approximately $108 million to acquire businesses and property consisting primarily of the acquisition of: (i) The Danshell Group, consisting of 25 behavioral health facilities, with a an aggregate of 288 beds, located in the U.K. (acquired during the third quarter of 2018), and; (ii) a 109-bed behavioral health care facility located in Gulfport, Mississippi (acquired during the first quarter). 

Divestitures:

During the first nine months of 2018, we received an aggregate of approximately $14 million resulting primarily from the required divestiture of The Limes, an 18-bed behavioral health care facility located in the U.K., as well as the divestiture of the real property of a previously closed behavioral health care facility.  The divestiture of The Limes was completed pursuant to the final ruling of The Competition and Markets Authority’s (“CMA”) Phase 2 investigation in connection with our acquisition of Cambian Group, PLC’s adult services’ division during the fourth quarter of 2016.  

Nine-month period ended September 30, 2017:

Acquisitions:

During the first nine months of 2017, we paid approximately $20 million to acquire various property assets.

Divestitures:

During the first nine months of 2017, there were no divestitures.