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Real Estate (Tables)
6 Months Ended
Jun. 30, 2019
Real Estate [Abstract]  
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block] Presented in the following table are future minimum lease payments, as of June 30, 2019, to be received by us under our operating leases, as determined under ASC 842 (in thousands):
Twelve months ended June 30, 2019
 
2020
$
268,472

2021
267,735

2022
269,959

2023
270,658

2024
259,637

Thereafter
1,655,040

 
$
2,991,501


New Real Estate Investments [Table Text Block]
During the six months ended June 30, 2019, we made the following real estate investments and commitments as described below ($ in thousands):
Operator
 
Date
 
Properties
 
Asset Class
 
Amount
Wingate Healthcare
 
January 2019
 
1
 
SHO
 
$
52,200

Holiday Retirement
 
January 2019
 
1
 
SHO
 
38,000

Comfort Care Senior Living
 
April 2019
 
1
 
SHO
 
10,800

Comfort Care Senior Living
 
May 2019
 
1
 
SHO
 
13,500

Discovery Senior Living (PropCo Joint Venture)
 
May 2019
 
6
 
SHO
 
128,350

 
 
 
 
 
 
 
 
$
242,850


Schedule of Bickford Leases [Table Text Block]
As of June 30, 2019, our Bickford Senior Living (“Bickford”) lease portfolio consists of the following ($ in thousands):
 
Lease Expiration
 
 
June 2023
September 2027
May 2031
April 2033
Total
Number of Properties
13

4

28

5

50

2019 Contractual Rent
$
11,468

$
1,576

$
30,825

$
4,918

$
48,787

2019 Straight Line Rent
358

195

3,948

860

5,361

 
$
11,826

$
1,771

$
34,773

$
5,778

$
54,148


Summary of NHC Percentage Rent [Table Text Block]
The following table summarizes the percentage rent income from NHC (in thousands):
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2019
 
2018
 
2019
 
2018
Current year
$
924

 
$
853

 
$
1,801

 
$
1,706

Prior year final certification1

 

 
334

 
285

Total percentage rent income
$
924

 
$
853

 
$
2,135

 
$
1,991

1 For purposes of the percentage rent calculation described in the master lease agreement, NHC’s annual revenue by facility for a given year is certified to NHI by March 31st of the following year.
Schedule of Tenant Purchase Options [Table Text Block]
A summary of these tenant options is presented below ($ in thousands):
Asset
Number of
Lease
1st Option
Option
Contractual
Type
Properties
Expiration
Open Year
Basis
Rent
MOB
1
February 2025
Open
i
$
306

SHO
4
September 2027
Open
iv
$
1,560

HOSP
1
September 2027
2020
ii
$
2,713

SHO
8
December 2024
2020
ii
$
4,482

HOSP
1
March 2025
2020
iv
$
1,957

SHO
2
May 2031
2021
iv
$
4,949

HOSP
1
June 2022
2022
i
$
3,460

SNF
7
August 2028
2025
iii
$
3,671

SNF
1
September 2028
2028
iii
$
463