Investments in and Advances to Unconsolidated Joint Ventures (Tables)

9 Months Ended

Sep. 30, 2017

Equity Method Investments and Joint Ventures [Abstract]

Schedule of Equity Method Investments

The Company owns interests in the following entities that are accounted for under the equity method (dollars in thousands):

				Carrying Amount
				September 30,		December 31,
Entity(1)	Segment	Ownership%		2017		2016
CCRC JV(2)	SHOP		49	$	427,159	$	439,449
RIDEA II	SHOP		40	257,766		—
Life Science JVs(3)	Life science		50 - 63	64,111		67,879
MBK JV(2)	SHOP		50	38,366		38,909
Development JVs(5)	SHOP		50 - 90	19,867		10,459
Medical Office JVs(4)	Medical office		20 - 67	13,620		13,438
K&Y JVs(6)	Other non-reportable segments		80	1,465		1,342
Advances to unconsolidated joint ventures, net				15		15
				$	822,369	$	571,491

_______________________________________

(1) These entities are not consolidated because the Company does not control, through voting rights or other means, the JV.

(2) Includes two unconsolidated JVs in a RIDEA structure (PropCo and OpCo).

(3) Includes the following unconsolidated partnerships (and the Company’s ownership percentage): (i) Torrey Pines Science Center, LP (50%); (ii) Britannia Biotech Gateway, LP (55%); and (iii) LASDK, LP (63%).

(4) Includes three unconsolidated medical office partnerships (and the Company’s ownership percentage): HCP Ventures IV, LLC (20%); HCP Ventures III, LLC (30%); and Suburban Properties, LLC (67%).

(5) Includes four unconsolidated SHOP development partnerships (and the Company’s ownership percentage): (i) Vintage Park Development JV (85%); (ii) Waldwick JV (85%); (iii) Otay Ranch JV (90%); and (iv) MBK Development JV (50%).

(6) Includes three unconsolidated joint ventures.