XML 73 R43.htm IDEA: XBRL DOCUMENT v3.19.3
Real Property Acquisitions and Development - Estimated Fair Value of Allocated Purchase Price of Asset and Liabilities (Details) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Business Acquisition [Line Items]    
Land and land improvements $ 309,418 $ 479,949
Buildings and improvements 2,588,618 2,854,063
Acquired lease intangibles 165,472 91,738
Construction in progress 36,174 0
Real property held for sale 17,435 418,297
Right of use assets, net 58,377  
Receivables and other assets 7,161 2,583
Total assets acquired 3,182,655 3,846,630
Secured debt (43,209) (104,742)
Lease liabilities (47,740)  
Accrued expenses and other liabilities (33,222) (28,795)
Total liabilities acquired (124,171) (133,537)
Noncontrolling interests (41,827) (522,559)
Non-cash acquisition related activity (11,889) 0
Cash disbursed for acquisitions 3,004,768 3,190,534
Construction in progress additions 264,546 94,574
Less: Capitalized interest (10,404) (6,357)
Foreign currency translation 3,926 2,331
Accruals 45 (2,402)
Cash disbursed for construction in progress 258,113 88,146
Capital improvements to existing properties 206,413 173,635
Total cash invested in real property, net of cash acquired 3,469,294 3,452,315
Cash acquired from acquisition 1,910 391,580
Seniors Housing Operating    
Business Acquisition [Line Items]    
Land and land improvements 107,945 47,865
Buildings and improvements 1,138,484 535,436
Acquired lease intangibles 61,163 68,084
Construction in progress 36,174 0
Real property held for sale 17,435 0
Right of use assets, net 0  
Receivables and other assets 6,742 1,255
Total assets acquired 1,367,943 652,640
Secured debt (43,209) (89,973)
Lease liabilities 0  
Accrued expenses and other liabilities (9,639) (14,686)
Total liabilities acquired (52,848) (104,659)
Noncontrolling interests (39,570) (9,818)
Non-cash acquisition related activity (11,889) 0
Cash disbursed for acquisitions 1,263,636 538,163
Construction in progress additions 184,581 28,222
Less: Capitalized interest (5,972) (2,608)
Foreign currency translation 3,597 2,151
Accruals 0 0
Cash disbursed for construction in progress 182,206 27,765
Capital improvements to existing properties 160,260 127,274
Total cash invested in real property, net of cash acquired 1,606,102 693,202
Triple-net    
Business Acquisition [Line Items]    
Land and land improvements 14,172 413,588
Buildings and improvements 125,763 2,239,422
Acquired lease intangibles 0 12,383
Construction in progress 0 0
Real property held for sale 0 396,265
Right of use assets, net 0  
Receivables and other assets 0 1,322
Total assets acquired 139,935 3,062,980
Secured debt 0 0
Lease liabilities 0  
Accrued expenses and other liabilities (100) (13,199)
Total liabilities acquired (100) (13,199)
Noncontrolling interests (1,056) (512,741)
Non-cash acquisition related activity 0 0
Cash disbursed for acquisitions 138,779 2,537,040
Construction in progress additions 37,649 49,619
Less: Capitalized interest (1,565) (1,932)
Foreign currency translation 329 180
Accruals 0 0
Cash disbursed for construction in progress 36,413 47,867
Capital improvements to existing properties 10,337 6,766
Total cash invested in real property, net of cash acquired 185,529 2,591,673
Outpatient Medical    
Business Acquisition [Line Items]    
Land and land improvements 187,301 18,496
Buildings and improvements 1,324,371 79,205
Acquired lease intangibles 104,309 11,271
Construction in progress 0 0
Real property held for sale 0 22,032
Right of use assets, net 58,377  
Receivables and other assets 419 6
Total assets acquired 1,674,777 131,010
Secured debt 0 (14,769)
Lease liabilities (47,740)  
Accrued expenses and other liabilities (23,483) (910)
Total liabilities acquired (71,223) (15,679)
Noncontrolling interests (1,201) 0
Non-cash acquisition related activity 0 0
Cash disbursed for acquisitions 1,602,353 115,331
Construction in progress additions 42,316 16,733
Less: Capitalized interest (2,867) (1,817)
Foreign currency translation 0 0
Accruals 45 (2,402)
Cash disbursed for construction in progress 39,494 12,514
Capital improvements to existing properties 35,816 39,595
Total cash invested in real property, net of cash acquired $ 1,677,663 $ 167,440