XML 56 R38.htm IDEA: XBRL DOCUMENT v3.3.1.900
Intangibles (Tables)
12 Months Ended
Dec. 31, 2015
Intangible Assets, Intangible Liabilities, And Goodwill Disclosure [Abstract]  
Schedule of Intangibles
The following is a summary of our intangibles as of December 31, 2015 and 2014:
 
December 31, 2015
 
December 31, 2014
 
Balance
 
Remaining
Weighted Average
Amortization
Period in Years
 
Balance
 
Remaining
Weighted Average
Amortization
Period in Years
 
(Dollars in thousands)
Intangible assets:
 
 
 
 
 
 
 
Above market lease intangibles
$
155,161

 
7.0
 
$
150,775

 
6.8
In-place and other lease intangibles
1,189,261

 
20.9
 
804,260

 
24.5
Goodwill
1,047,497

 
N/A
 
363,971

 
 N/A
Other intangibles
35,736

 
8.6
 
36,030

 
7.9
Accumulated amortization
(655,176
)
 
N/A
 
(515,603
)
 
 N/A
Net intangible assets
$
1,772,479

 
19.2
 
$
839,433

 
21.0
Intangible liabilities:
 
 
 
 
 
 
 
Below market lease intangibles
$
256,034

 
14.2
 
$
229,495

 
14.1
Other lease intangibles
35,925

 
30.1
 
32,103

 
26.1
Accumulated amortization
(113,647
)
 
N/A
 
(97,371
)
 
 N/A
Purchase option intangibles
3,568

 
N/A
 
13,549

 
 N/A
Net intangible liabilities
$
181,880

 
15.6
 
$
177,776

 
15.1
Schedule of Goodwill
The change in the carrying amount of goodwill, by segment, for 2015 was as follows (in thousands):
 
 
Triple-Net Leased Properties
 
Senior Living Operations
 
MOB Operations
 
Total
 
 
 
 
 
 
 
 
 
Goodwill as of December 31, 2014 (excluding held for sale)
 
$
327,232

 
$
41,741

 
$
83,958

 
$
452,931

Acquisitions
 
133,539

 
219,141

 
394,203

 
746,883

Partial disposal of reporting unit
 
(11,967
)
 

 
(3,861
)
 
(15,828
)
Goodwill allocated in the CCP Spin-Off
 
(135,446
)
 

 

 
(135,446
)
Currency translation adjustments and other
 
(1,043
)
 

 

 
(1,043
)
Goodwill as of December 31, 2015
 
$
312,315

 
$
260,882

 
$
474,300

 
$
1,047,497