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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Cash flows from operating activities:      
Net income $ 477,186us-gaap_ProfitLoss $ 454,889us-gaap_ProfitLoss $ 361,775us-gaap_ProfitLoss
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization (including amounts in discontinued operations) 828,467us-gaap_OtherDepreciationAndAmortization 769,881us-gaap_OtherDepreciationAndAmortization 764,775us-gaap_OtherDepreciationAndAmortization
Amortization of deferred revenue and lease intangibles, net (18,871)us-gaap_AdjustmentForAmortization (15,793)us-gaap_AdjustmentForAmortization (17,118)us-gaap_AdjustmentForAmortization
Other non-cash amortization (312)us-gaap_OtherAmortizationOfDeferredCharges (16,745)us-gaap_OtherAmortizationOfDeferredCharges (39,943)us-gaap_OtherAmortizationOfDeferredCharges
Stock-based compensation 20,994us-gaap_ShareBasedCompensation 20,653us-gaap_ShareBasedCompensation 20,784us-gaap_ShareBasedCompensation
Straight-lining of rental income, net (38,687)us-gaap_StraightLineRent (30,540)us-gaap_StraightLineRent (24,042)us-gaap_StraightLineRent
Loss on extinguishment of debt, net 5,564us-gaap_ExtinguishmentOfDebtGainLossNetOfTax 1,048us-gaap_ExtinguishmentOfDebtGainLossNetOfTax 37,640us-gaap_ExtinguishmentOfDebtGainLossNetOfTax
Gain on real estate dispositions (including amounts in discontinued operations) 19,183vtr_GainLossonDispositionofRealEstate 3,617vtr_GainLossonDispositionofRealEstate 80,952vtr_GainLossonDispositionofRealEstate
Gain on real estate loan investments (1,455)vtr_NonCashAdjustmentGainLossonLoanInvestments (5,056)vtr_NonCashAdjustmentGainLossonLoanInvestments (5,230)vtr_NonCashAdjustmentGainLossonLoanInvestments
Gain on sale of marketable securities 0us-gaap_MarketableSecuritiesRealizedGainLoss (856)us-gaap_MarketableSecuritiesRealizedGainLoss 0us-gaap_MarketableSecuritiesRealizedGainLoss
Income tax benefit (including amounts in discontinued operations) (9,431)us-gaap_OtherTaxExpenseBenefit (11,828)us-gaap_OtherTaxExpenseBenefit (6,286)us-gaap_OtherTaxExpenseBenefit
Loss (income) from unconsolidated entities 139us-gaap_IncomeLossFromEquityMethodInvestments 1,748us-gaap_IncomeLossFromEquityMethodInvestments (1,509)us-gaap_IncomeLossFromEquityMethodInvestments
Gain on re-measurement of equity interest upon acquisition, net 0vtr_GainLossOnRemeasurementOfEquityMethodInvestment (1,241)vtr_GainLossOnRemeasurementOfEquityMethodInvestment (16,645)vtr_GainLossOnRemeasurementOfEquityMethodInvestment
Other 15,739us-gaap_OtherNoncashIncomeExpense 8,407us-gaap_OtherNoncashIncomeExpense 10,414us-gaap_OtherNoncashIncomeExpense
Changes in operating assets and liabilities:      
Decrease (increase) in other assets 5,317us-gaap_IncreaseDecreaseInOtherOperatingAssets (690)us-gaap_IncreaseDecreaseInOtherOperatingAssets 3,756us-gaap_IncreaseDecreaseInOtherOperatingAssets
Increase in accrued interest 7,958us-gaap_IncreaseDecreaseInInterestPayableNet 6,806us-gaap_IncreaseDecreaseInInterestPayableNet 9,969us-gaap_IncreaseDecreaseInInterestPayableNet
(Decrease) increase in accounts payable and other liabilities (18,580)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 17,689us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities (24,572)us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Net cash provided by operating activities 1,254,845us-gaap_NetCashProvidedByUsedInOperatingActivities 1,194,755us-gaap_NetCashProvidedByUsedInOperatingActivities 992,816us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash flows from investing activities:      
Net investment in real estate property (1,468,286)us-gaap_PaymentsToAcquireRealEstate (1,437,002)us-gaap_PaymentsToAcquireRealEstate (1,453,065)us-gaap_PaymentsToAcquireRealEstate
Purchase of private investment funds 0vtr_CashUsedForPurchaseOfPrivateInvestmentFunds 0vtr_CashUsedForPurchaseOfPrivateInvestmentFunds (276,419)vtr_CashUsedForPurchaseOfPrivateInvestmentFunds
Purchase of noncontrolling interest (9,115)us-gaap_PaymentsToAcquireAdditionalInterestInSubsidiaries (14,331)us-gaap_PaymentsToAcquireAdditionalInterestInSubsidiaries (3,934)us-gaap_PaymentsToAcquireAdditionalInterestInSubsidiaries
Investment in loans receivable and other (498,992)us-gaap_PaymentsToAcquireLoansReceivable (37,963)us-gaap_PaymentsToAcquireLoansReceivable (452,558)us-gaap_PaymentsToAcquireLoansReceivable
Proceeds from real estate disposals 118,246us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment 35,591us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment 149,045us-gaap_ProceedsFromSaleOfRealEstateHeldforinvestment
Proceeds from loans receivable 73,557us-gaap_ProceedsFromSaleAndCollectionOfLoansReceivable 325,518us-gaap_ProceedsFromSaleAndCollectionOfLoansReceivable 43,219us-gaap_ProceedsFromSaleAndCollectionOfLoansReceivable
Purchase of marketable securities (96,689)us-gaap_PaymentsToAcquireMarketableSecurities 0us-gaap_PaymentsToAcquireMarketableSecurities 0us-gaap_PaymentsToAcquireMarketableSecurities
Proceeds from sale or maturity of marketable securities 21,689us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities 5,493us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities 37,500us-gaap_ProceedsFromSaleAndMaturityOfMarketableSecurities
Funds held in escrow for future development expenditures 4,590vtr_ChangeinbalanceofFundsHeldinEscrowforFutureDevelopment 19,458vtr_ChangeinbalanceofFundsHeldinEscrowforFutureDevelopment (28,050)vtr_ChangeinbalanceofFundsHeldinEscrowforFutureDevelopment
Development project expenditures (106,988)vtr_PaymentForDevelopmentProjectExpenditures (95,741)vtr_PaymentForDevelopmentProjectExpenditures (114,002)vtr_PaymentForDevelopmentProjectExpenditures
Capital expenditures (87,454)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (81,614)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (69,430)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Other (5,598)us-gaap_PaymentsForProceedsFromOtherInvestingActivities (2,169)us-gaap_PaymentsForProceedsFromOtherInvestingActivities (1,995)us-gaap_PaymentsForProceedsFromOtherInvestingActivities
Net cash used in investing activities (2,055,040)us-gaap_NetCashProvidedByUsedInInvestingActivities (1,282,760)us-gaap_NetCashProvidedByUsedInInvestingActivities (2,169,689)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash flows from financing activities:      
Net change in borrowings under credit facilities 540,203us-gaap_ProceedsFromRepaymentsOfLinesOfCredit (164,029)us-gaap_ProceedsFromRepaymentsOfLinesOfCredit 84,938us-gaap_ProceedsFromRepaymentsOfLinesOfCredit
Proceeds from debt 2,007,707us-gaap_ProceedsFromIssuanceOfDebt 2,767,546us-gaap_ProceedsFromIssuanceOfDebt 2,710,405us-gaap_ProceedsFromIssuanceOfDebt
Repayment of debt (1,151,395)us-gaap_RepaymentsOfOtherDebt (1,792,492)us-gaap_RepaymentsOfOtherDebt (1,193,023)us-gaap_RepaymentsOfOtherDebt
Payment of deferred financing costs (14,220)us-gaap_PaymentsOfFinancingCosts (31,277)us-gaap_PaymentsOfFinancingCosts (23,770)us-gaap_PaymentsOfFinancingCosts
Issuance of common stock, net 242,107us-gaap_ProceedsFromIssuanceOfCommonStock 141,343us-gaap_ProceedsFromIssuanceOfCommonStock 342,469us-gaap_ProceedsFromIssuanceOfCommonStock
Cash distribution to common stockholders (875,614)us-gaap_PaymentsOfDividendsCommonStock (802,123)us-gaap_PaymentsOfDividendsCommonStock (728,546)us-gaap_PaymentsOfDividendsCommonStock
Cash distribution to redeemable OP unitholders (5,762)vtr_CashDistributionstoRedeemableOPUnitholders (5,040)vtr_CashDistributionstoRedeemableOPUnitholders (4,446)vtr_CashDistributionstoRedeemableOPUnitholders
Purchases of redeemable OP units (503)us-gaap_PaymentsToAcquireLimitedPartnershipInterests (659)us-gaap_PaymentsToAcquireLimitedPartnershipInterests (4,601)us-gaap_PaymentsToAcquireLimitedPartnershipInterests
Contributions from noncontrolling interest 491us-gaap_ProceedsFromMinorityShareholders 2,395us-gaap_ProceedsFromMinorityShareholders 38us-gaap_ProceedsFromMinorityShareholders
Distributions to noncontrolling interest (9,559)us-gaap_PaymentsToMinorityShareholders (9,286)us-gaap_PaymentsToMinorityShareholders (5,215)us-gaap_PaymentsToMinorityShareholders
Other 24,602us-gaap_ProceedsFromPaymentsForOtherFinancingActivities 8,618us-gaap_ProceedsFromPaymentsForOtherFinancingActivities 20,665us-gaap_ProceedsFromPaymentsForOtherFinancingActivities
Net cash provided by financing activities 758,057us-gaap_NetCashProvidedByUsedInFinancingActivities 114,996us-gaap_NetCashProvidedByUsedInFinancingActivities 1,198,914us-gaap_NetCashProvidedByUsedInFinancingActivities
Net (decrease) increase in cash and cash equivalents (42,138)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 26,991us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 22,041us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Effect of foreign currency translation on cash and cash equivalents 2,670us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents (83)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 60us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Cash and cash equivalents at beginning of period 94,816us-gaap_CashAndCashEquivalentsAtCarryingValue 67,908us-gaap_CashAndCashEquivalentsAtCarryingValue 45,807us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of period 55,348us-gaap_CashAndCashEquivalentsAtCarryingValue 94,816us-gaap_CashAndCashEquivalentsAtCarryingValue 67,908us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental disclosure of cash flow information:      
Interest paid including swap payments and receipts 361,144us-gaap_InterestPaid 338,311us-gaap_InterestPaid 329,655us-gaap_InterestPaid
Assets and liabilities assumed from acquisitions:      
Real Estate Investments 370,741us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1 223,955us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1 582,694us-gaap_NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
Utilization of funds held for an Internal Revenue Code Section 1031 exchange 0us-gaap_EscrowDepositsRelatedToPropertySales 0us-gaap_EscrowDepositsRelatedToPropertySales 134,003us-gaap_EscrowDepositsRelatedToPropertySales
Other Assets Acquired 15,280us-gaap_NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1 6,635us-gaap_NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1 77,730us-gaap_NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1
Debt assumed 241,076us-gaap_NoncashOrPartNoncashAcquisitionDebtAssumed1 183,848us-gaap_NoncashOrPartNoncashAcquisitionDebtAssumed1 412,825us-gaap_NoncashOrPartNoncashAcquisitionDebtAssumed1
Other Liabilities Assumed 24,039us-gaap_NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1 29,868us-gaap_NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1 70,391us-gaap_NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
Deferred income tax liability 110,728vtr_NonCashDeferredTaxesAssumedFromAcquisitions 5,181vtr_NonCashDeferredTaxesAssumedFromAcquisitions 4,299vtr_NonCashDeferredTaxesAssumedFromAcquisitions
Noncontrolling interests 0vtr_NoncontrollingInterestAssetsAndLiabilitiesAssumedFromAcquisitions 11,693vtr_NoncontrollingInterestAssetsAndLiabilitiesAssumedFromAcquisitions 34,580vtr_NoncontrollingInterestAssetsAndLiabilitiesAssumedFromAcquisitions
Equity issued 10,178us-gaap_StockIssued1 0us-gaap_StockIssued1 4,326us-gaap_StockIssued1
Debt Transferred on the Sale of Assets $ 0us-gaap_MortgageLoanRelatedToPropertySales1 $ 0us-gaap_MortgageLoanRelatedToPropertySales1 $ 14,535us-gaap_MortgageLoanRelatedToPropertySales1