XML 87 R69.htm IDEA: XBRL DOCUMENT v3.7.0.1
BORROWING ACTIVITIES AND ARRANGEMENTS (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Dec. 31, 2016
Secured borrowings:    
Secured borrowings - net $ 54,052 $ 54,365
Unsecured borrowings:    
Revolving line of credit 123,000 190,000
Term loans - net 1,094,875 1,094,343
Other 255,899 256,846
Total secured and unsecured borrowings - net 4,300,865 4,366,854
Secured Borrowings    
Secured borrowings:    
Secured borrowings - net $ 54,052 54,365
Secured Borrowings | HUD mortgages assumed December 2011    
Debt Instrument [Line Items]    
Maturity [1] 2044  
Rate [1] 3.06%  
Secured borrowings:    
Secured borrowings - net [1] $ 54,636 54,954
Secured Borrowings | Deferred financing costs - net    
Secured borrowings:    
Deferred financing costs - net (584) (589)
Unsecured borrowings    
Unsecured borrowings:    
Discount - net (16,669) (17,151)
Total unsecured borrowings 3,028,938 3,028,146
Unsecured borrowings | Deferred financing costs - net    
Unsecured borrowings:    
Deferred financing costs - net (5,125) (5,657)
Deferred financing costs - net $ (27,393) (27,703)
Unsecured borrowings | Revolving line of credit    
Debt Instrument [Line Items]    
Maturity 2018  
Rate 2.25%  
Unsecured borrowings:    
Revolving line of credit $ 123,000 190,000
Unsecured borrowings | Tranche A-1 term loan    
Debt Instrument [Line Items]    
Maturity 2019  
Rate 2.48%  
Unsecured borrowings:    
Unsecured borrowing $ 200,000 200,000
Unsecured borrowings | Tranche A-2 term loan    
Debt Instrument [Line Items]    
Maturity 2017  
Rate 2.44%  
Unsecured borrowings:    
Unsecured borrowing $ 200,000 200,000
Unsecured borrowings | Tranche A-3 term loan    
Debt Instrument [Line Items]    
Maturity 2021  
Rate 2.48%  
Unsecured borrowings:    
Unsecured borrowing $ 350,000 350,000
Unsecured borrowings | Omega OP Term loan    
Debt Instrument [Line Items]    
Maturity 2017  
Rate 2.44%  
Unsecured borrowings:    
Term loans - net $ 100,000 100,000
Unsecured borrowings | 2015 term loan    
Debt Instrument [Line Items]    
Maturity 2022  
Rate 3.80%  
Unsecured borrowings:    
Revolving line of credit $ 250,000 250,000
Unsecured borrowings | 2023 notes    
Debt Instrument [Line Items]    
Maturity 2023  
Rate 4.375%  
Unsecured borrowings:    
Aggregate principal amount $ 700,000 700,000
Unsecured borrowings | 2024 notes    
Debt Instrument [Line Items]    
Maturity 2024  
Rate 5.875%  
Unsecured borrowings:    
Aggregate principal amount $ 400,000 400,000
Unsecured borrowings | 2024 notes    
Debt Instrument [Line Items]    
Maturity 2024  
Rate 4.95%  
Unsecured borrowings:    
Aggregate principal amount $ 400,000 400,000
Unsecured borrowings | 2025 notes    
Debt Instrument [Line Items]    
Maturity 2025  
Rate 4.50%  
Unsecured borrowings:    
Aggregate principal amount $ 250,000 250,000
Unsecured borrowings | 2026 Notes    
Debt Instrument [Line Items]    
Maturity 2026  
Rate 5.25%  
Unsecured borrowings:    
Aggregate principal amount $ 600,000 600,000
Unsecured borrowings | 2027 notes    
Debt Instrument [Line Items]    
Maturity 2027  
Rate 4.50%  
Unsecured borrowings:    
Aggregate principal amount $ 700,000 700,000
Unsecured borrowings | Other    
Debt Instrument [Line Items]    
Maturity 2018  
Unsecured borrowings:    
Other $ 3,000 3,000
Unsecured borrowings | Subordinated debt    
Debt Instrument [Line Items]    
Maturity 2021  
Rate 9.00%  
Unsecured borrowings:    
Subordinated debt $ 20,000 $ 20,000
[1] Reflects the weighted average annual contractual interest rate on the mortgages at March 31, 2017 excluding a third-party administration fee of approximately 0.5% annually. Secured by real estate assets with a net carrying value of $64.8 million as of March 31, 2017.