XML 65 R46.htm IDEA: XBRL DOCUMENT v3.6.0.2
Real Estate (Narrative) (Details)
3 Months Ended 12 Months Ended
Mar. 31, 2016
USD ($)
Dec. 31, 2016
USD ($)
properties
Dec. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Dec. 31, 2016
Dec. 31, 2016
shares
Dec. 31, 2016
beds_or_units
Dec. 31, 2016
renewalOptions
Dec. 31, 2016
USD ($)
Dec. 31, 2016
Master_Leases
Number of Real Estate Properties | properties   197                
Number of States in which Entity Operates         32          
Development in Process                 $ (55,447,000)  
Payments to Acquire Real Estate   $ 359,257,000 $ 106,315,000 $ 520,505,000            
Settlement Of Mortgage Note By Real Estate Acquisition   0 1,545,000 0            
Real Estate Investments Completed During The Period   395,163,000                
Gains (Losses) on Sales of Investment Real Estate   4,582,000 1,126,000 0            
Noncash or Part Noncash Acquisition, Value of Liabilities Assumed   430,000 1,076,000 2,091,000            
Nonportfolio Assets, Original Cost                 1,175,000  
Real Estate Investment Property, Portfolio Assets                 2,471,679,000  
Number of Lessees         27          
Operating Leases, Income Statement, Lease Revenue   232,393,000 214,447,000 166,279,000            
Straight Line Rent   22,198,000 24,623,000 16,463,000            
Construction in Progress, Gross     13,011,000           15,729,000  
Maximum Commitment For All Active Development Projects                 128,300,000  
Payments for Capital Improvements   $ 3,378,000 3,157,000 4,211,000            
The Ensign Group [Member]                    
Number of Real Estate Properties | properties   15                
Property Group, Original Investment, Net   $ 211,000,000                
Indefinite-Lived Intangible Assets (Excluding Goodwill)                 6,400,000  
Payments to Acquire Real Estate   $ 118,500,000                
Number Of Real Estate Properties Acquired | properties   8                
Real Estate Investments Completed During The Period   $ 118,500,000                
Lessor Leasing Arrangements, Operating Leases, Term of Contract   15 years                
Asset Held For Sale, Agreed Selling Price                 24,600,000  
Number of Real Estate Properties, Held for Sale | properties   2                
Number of Units in Real Estate Property   245         931      
Write-off Of Straight-Line Rent Receivable   $ 8,326,000                
Real Estate Acquisition, Value Allocated, Land   6,252,000                
Real Estate Acquisition, Value Allocated, Depreciable Assets   $ 105,848,000                
Real Estate Properties, Commitment To Purchase | properties   4                
Initial Lease Amount                 17,750,000  
Number of additional lease renewal options         2          
Lessor Leasing Arrangements, Operating Leases, Renewal Term   5 years                
Watermark Retirement Communities [Member]                    
Purchase Option, Open Period, Begin, Lease or Note Year   6 years                
Payments to Acquire Real Estate   $ 56,300,000                
Payments To Acquire Real Estate, Lease Deposit   $ 4,500,000                
Number Of Real Estate Properties Acquired | properties   2                
Real Estate Investments Completed During The Period   $ 66,300,000                
Lessor Leasing Arrangements, Operating Leases, Term of Contract   15 years                
Number of Units in Real Estate Property | beds_or_units             460      
Initial lease rate         7.00%          
Capital Improvements Commitment                 $ 10,000,000  
Capital Improvement Commitment, Period, Years   2 years                
Lease Escalator Rate Lease Year 2 to Lease Year 4         3.50%          
Lease Escalator Rate after Lease Year 4         3.00%          
Senior Living Communities [Member]                    
Number of Real Estate Properties | properties   9                
Number Of Real Estate Properties Acquired | properties   1                
Lessor Leasing Arrangements, Operating Leases, Term of Contract   15 years                
Operating Leases, Income Statement, Lease Revenue   $ 40,332,000 $ 39,422,000 $ 1,533,000            
Percentage of Continuing Revenue   16.00% 17.00% 1.00%            
Straight Line Rent   $ 7,369,000 $ 8,422,000 $ 328,000            
Number of Units in Real Estate Property             1,970   186  
Number of additional lease renewal options         2          
Lessor Leasing Arrangements, Operating Leases, Renewal Term   5 years                
Lease Escalator Rate Lease Year 2 to Lease Year 4         4.00%          
Lease Escalator Rate after Lease Year 4         3.00%          
Chancellor Healthcare [Member]                    
Number Of Real Estate Properties Acquired | properties   2                
Real Estate Investments Completed During The Period   $ 36,650,000                
Real Estate Transaction, Acquisition, Transaction Costs   150,000                
Village Concepts [Member]                    
Payments to Acquire Real Estate   9,463,000                
Sale Leaseback Transaction, Transaction Costs, Investing Activities   $ 213,000                
Lessor Leasing Arrangements, Operating Leases, Term of Contract   15 years                
Number of Units in Real Estate Property | beds_or_units             98      
Initial lease rate         7.25%          
Capital Improvements Commitment                 $ 350,000  
Bickford Senior Living [Member]                    
Equity Method Investment, Realized Gain (Loss) on Disposal   $ 1,657,000                
Number of Real Estate Properties | properties   42                
Payments to Acquire Real Estate   $ 77,747,000                
Settlement Of Mortgage Note By Real Estate Acquisition   $ 9,753,000                
Number Of Real Estate Properties Acquired | properties   5                
Real Estate Purchase Price   $ 87,500,000                
Real Estate Investments Completed During The Period   $ 89,900,000                
Lessor Leasing Arrangements, Operating Leases, Term of Contract   15 years                
Minimum Annual Lease Income $ 26,454,000                  
Operating Leases, Income Statement, Lease Revenue   $ 30,732,000 $ 24,121,000 $ 21,421,000            
Percentage of Continuing Revenue   12.00% 11.00% 12.00%            
Number of Units in Real Estate Property | beds_or_units             277      
Initial lease rate         7.25%          
Note Receivable Interest Rate         9.00%          
Capital Improvements Commitment                 2,400,000  
Number of additional lease renewal options | renewalOptions               2    
Joint Venture Contributed Properties Ownership Interest Retained 85.00%                  
Joint Venture Contributed Properties Ownership Interest Surrendered 15.00%                  
Payments to Acquire Additional Interest in Subsidiaries   $ 25,100,000                
Proceeds from Divestiture of Businesses and Interests in Affiliates   8,100,000                
Noncontrolling Interest in Operating Partnerships                 0.85  
Change in accounts payable related to acquisition of non-controlling interest   $ 10,546,000                
Lessor Leasing Arrangements, Operating Leases, Renewal Term   5 years                
Lease Escalator, Percent         3.00%          
Number Of Development Projects Active | properties   5                
Holiday Acquisition Holdings [Member]                    
Number of Real Estate Properties | properties   25                
Lessor Leasing Arrangements, Operating Leases, Term of Contract   17 years                
Operating Leases, Income Statement, Lease Revenue   $ 43,817,000 $ 43,817,000 $ 43,817,000            
Percentage of Continuing Revenue   18.00% 19.00% 25.00%            
Straight Line Rent   $ 8,965,000 $ 10,466,000 $ 11,902,000            
Lease Escalator Rate, From Lease Year 1 to Lease Year 3         4.50%          
Lease Escalator Rate, After Lease Year 3         3.50%          
National Healthcare Corporation [Member]                    
Number of Real Estate Properties | properties   42                
Number of Master Leases | Master_Leases                   2
Operating Leases, Income Statement, Lease Revenue   $ 37,626,000 $ 36,625,000 $ 36,453,000            
Percentage of Continuing Revenue   15.00% 16.00% 21.00%            
Lessor Equity Shares Owned, Significant Lessee | shares           1,630,462        
Percentage rent   $ 3,479,000 $ 2,479,000 $ 2,307,000            
White Pine [Member]                    
Operating Leases, Income Statement, Lease Revenue   2,411,000 $ 2,497,000 $ 2,604,000            
Number of Units in Real Estate Property | beds_or_units             126      
Write-off Of Straight-Line Rent Receivable   $ 1,131,000                
Prior to April 2016 Transaction [Member] | The Ensign Group [Member]                    
Number of Real Estate Properties | properties   9                
August 2016 Acquisition [Member] | Chancellor Healthcare [Member]                    
Lessor Leasing Arrangements, Operating Leases, Term of Contract   15 years                
Initial lease rate         7.50%          
Opened July 2016 [Member] | Bickford Senior Living [Member]                    
Number Of Development Projects Active | properties   1                
Opened October 2016 [Member] | Bickford Senior Living [Member]                    
Number Of Development Projects Active | properties   2                
Expected To Open Early 2017 [Member] | Bickford Senior Living [Member]                    
Number Of Development Projects Active | properties   2                
NHC - 1991 Lease [Member] | National Healthcare Corporation [Member]                    
Number of Real Estate Properties | properties   35                
Minimum Annual Lease Income   $ 30,750,000                
Percentage Rent Rate   0.04                
Number of additional lease renewal options | renewalOptions               2    
Lessor Leasing Arrangements, Operating Leases, Renewal Term   5 years                
NHC - 2013 Lease [Member] | National Healthcare Corporation [Member]                    
Number Of Real Estate Properties Acquired | properties   7                
Minimum Annual Lease Income   $ 3,450,000                
Percentage Rent Rate   0.04                
Purchase Option Amount                 49,000,000  
Senior Housing Community [Member]                    
Number of Real Estate Properties | properties   125                
Skilled Nursing Facility [Member]                    
Number of Real Estate Properties | properties   67                
Proceeds from Sale of Real Estate   $ 24,600,000                
Gains (Losses) on Sales of Investment Real Estate   $ 2,805,000                
Number Of Real Estate Properties Sold | properties   2                
Skilled Nursing Facility [Member] | National Healthcare Corporation [Member]                    
Number of Real Estate Properties | properties   39                
Skilled Nursing Facility [Member] | Subleased Facilities [Member] | National Healthcare Corporation [Member]                    
Number of Real Estate Properties | properties   4                
Hospital [Member]                    
Number of Real Estate Properties | properties   3                
Medical Office Building [Member]                    
Number of Real Estate Properties | properties   2                
Independent Living Facility [Member] | National Healthcare Corporation [Member]                    
Number of Real Estate Properties | properties   3                
Vacant Land [Member]                    
Gains (Losses) on Sales of Investment Real Estate   $ 123,000                
Asset under Construction [Member] | The Ensign Group [Member]                    
Real Estate Properties, Commitment To Purchase | properties   3                
Asset under Construction [Member] | Bickford Senior Living [Member]                    
Number of Real Estate Properties | properties   2                
East Lake Mgmt, Acquisition [Member]                    
Lease Incentive Commitment Assessed As Not Probable   $ 8,000,000                
Payments to acquire real estate, seller earnout, contingent, not probable   $ 750,000                
East Lake Mgmt, Acquisition [Member] | Senior Living Campus [Member]                    
Number of Real Estate Properties | properties   2                
East Lake Mgmt, Acquisition [Member] | Assisted Living Facility [Member]                    
Number of Real Estate Properties | properties   1                
Bickford RIDEA Properties [Member] | Bickford Senior Living [Member]                    
Number of Real Estate Properties | properties   35                
Bickford RIDEA Properties [Member] | Stabilized Properties [Member] | Bickford Senior Living [Member]                    
Number of Real Estate Properties | properties   32                
Future Development [Member] | Bickford Senior Living [Member]                    
Initial lease rate         9.00%          
Note Receivable Interest Rate         9.00%          
Real Estate Development Agreement, Minimum Yield   9.55%                
Current Year Acquisition [Member] | Senior Living Communities [Member]                    
Payments To Acquire Real Estate, Lease Deposit   $ 3,708,000                
Real Estate Purchase Price   $ 74,000,000                
Lessor Leasing Arrangements, Operating Leases, Term of Contract   13 years                
Number of Units in Real Estate Property | beds_or_units             299      
Real Estate Acquisition, Value Allocated, Land   $ 7,724,000                
Real Estate Acquisition, Value Allocated, Depreciable Assets   $ 62,568,000                
Lease Escalator Rate, From Lease Year 1 to Lease Year 3         4.00%          
Lease Escalator Rate, After Lease Year 3         3.00%          
Initial lease rate         6.77%          
Iowa [Member] | Bickford Senior Living [Member]                    
Number of Real Estate Properties | properties   2                
Grangeville, ID [Member]                    
Gains (Losses) on Sales of Investment Real Estate   $ 1,654,000                
Asset Held For Sale, Agreed Selling Price                 3,000,000  
Real Estate Held-for-sale                 $ 1,346,000