XML 53 R56.htm IDEA: XBRL DOCUMENT v2.4.0.8
Acquisitions, Dispositions and Mortgage Repayments - Acquisitions (Details) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
sqft
tenant
property
Dec. 31, 2012
tenant
property
sqft
Feb. 10, 2012
Real Estate Acquisitions and Mortgage Note Financing [Line Items]      
Elimination of Construction Mortgage Note Receivable $ 97.2    
Texas [Member]
     
Real Estate Acquisitions and Mortgage Note Financing [Line Items]      
Construction Mortgage Note Receivable Repayments 9.9    
Contractual interest rates 5.35%    
Tennessee [Member]
     
Real Estate Acquisitions and Mortgage Note Financing [Line Items]      
Percentage of Medical Office Building Leased 100.00%    
Real estate acquisitions [Member]
     
Real Estate Acquisitions and Mortgage Note Financing [Line Items]      
Number of Mortgage Notes Receivables Repaid   5  
Real Estate Dispositions Mortgage Note Receivable Including Repayments   14.8  
Purchase Price 315.2 104.6  
Elimination of Construction Mortgage Note Receivable 97.2    
Construction Mortgage Note Receivable Repayments   (9.9)  
Mortgage Notes Payable Assumed 39.6 [1] 4.9 [2]  
Cash Consideration 178.4 [3] 89.8 [4]  
Real Estate 314.1 104.8  
Other 1.1 [5] (0.2)  
Square Footage 940,925 394,064  
Business Combination Liabilities Assumed Fair Value Adjustment 1.4    
Real estate acquisitions [Member] | South Dakota [Member]
     
Real Estate Acquisitions and Mortgage Note Financing [Line Items]      
Date Acquired   Jan. 20, 2012  
Purchase Price   15.0  
Percentage of Medical Office Building Leased   100.00%  
Lease expiration period   Jan. 01, 2022  
Construction Mortgage Note Receivable Repayments       
Cash Consideration   15.0 [4]  
Real Estate   15.0  
Other       
Square Footage   58,285  
Real estate acquisitions [Member] | North Carolina [Member]
     
Real Estate Acquisitions and Mortgage Note Financing [Line Items]      
Date Acquired Oct. 30, 2013 Feb. 10, 2012  
Purchase Price 20.1 6.4  
Percentage of medical office building occupied   100.00% 93.00%
Percentage of Property Leased 100.00%    
Construction Mortgage Note Receivable Repayments       
Mortgage Notes Payable Assumed 11.0 [1]    
Cash Consideration 9.1 [3] 6.4 [4]  
Real Estate 20.0 6.4  
Other 0.1 [5]     
Square Footage 90,633 23,312  
Number of tenants occupying building   2  
Business Combination Liabilities Assumed Fair Value Adjustment 0.2    
Contractual interest rates 5.86%    
Number of medical office buildings in health system   6  
Area covered under real estate owned in measurement unit   187,000  
Real estate acquisitions [Member] | Pennsylvania [Member]
     
Real Estate Acquisitions and Mortgage Note Financing [Line Items]      
Date Acquired   Mar. 16, 2012  
Purchase Price   1.1  
Construction Mortgage Note Receivable Repayments       
Cash Consideration   1.1 [4]  
Real Estate   1.1  
Other       
Square Footage       
Acquired Land Related to Currently Owned Building Previous   9.14  
Real estate acquisitions [Member] | Texas [Member]
     
Real Estate Acquisitions and Mortgage Note Financing [Line Items]      
Number of Mortgage Notes Receivables Repaid   1  
Real Estate Dispositions Mortgage Note Receivable Including Repayments   9.9  
Real estate acquisitions [Member] | Tennessee [Member]
     
Real Estate Acquisitions and Mortgage Note Financing [Line Items]      
Date Acquired Jan. 29, 2013 Oct. 09, 2012  
Purchase Price 16.2 11.0  
Percentage of medical office building occupied   100.00%  
Lease expiration period   Jan. 01, 2025  
Construction Mortgage Note Receivable Repayments       
Cash Consideration 16.2 [3] 11.0 [4]  
Real Estate 15.7 11.0  
Other 0.5 [5]     
Square Footage 52,225 39,345  
Number of tenants occupying building 4    
Real estate acquisitions [Member] | Washington [Member]
     
Real Estate Acquisitions and Mortgage Note Financing [Line Items]      
Date Acquired Oct. 18, 2013 Oct. 12, 2012  
Purchase Price 34.9 9.4  
Percentage of medical office building occupied   89.00%  
Percentage of Property Leased 100.00%    
Lease expiration period   Jan. 01, 2021  
Construction Mortgage Note Receivable Repayments       
Mortgage Notes Payable Assumed 16.6 [1]    
Cash Consideration 18.3 [3] 9.4 [4]  
Real Estate 35.4 9.4  
Other (0.5) [5]     
Square Footage 81,956 47,225  
Business Combination Liabilities Assumed Fair Value Adjustment 0.5    
Contractual interest rates 6.01%    
Real estate acquisitions [Member] | Iowa [Member]
     
Real Estate Acquisitions and Mortgage Note Financing [Line Items]      
Date Acquired   Dec. 21, 2012  
Purchase Price   20.4  
Percentage of Medical Office Building Leased   100.00%  
Lease expiration period   Jan. 01, 2020  
Construction Mortgage Note Receivable Repayments       
Mortgage Notes Payable Assumed   4.9 [2]  
Cash Consideration   15.5 [4]  
Real Estate   20.6  
Other   (0.2)  
Square Footage   83,318  
Business Combination Liabilities Assumed Fair Value Adjustment   0.3  
Contractual interest rates   5.74%  
Debt instrument, maturity date   Jan. 01, 2020  
Real estate acquisitions [Member] | INDIANA
     
Real Estate Acquisitions and Mortgage Note Financing [Line Items]      
Date Acquired Aug. 08, 2013    
Purchase Price 44.3    
Percentage of Property Leased 87.00%    
Cash Consideration 44.3 [3]    
Real Estate 43.3    
Other 1.0 [5]    
Square Footage 205,573    
Real estate acquisitions [Member] | Missouri [Member]
     
Real Estate Acquisitions and Mortgage Note Financing [Line Items]      
Date Acquired Sep. 27, 2013    
Purchase Price 102.6    
Elimination of Construction Mortgage Note Receivable 97.2    
Cash Consideration 5.4 [3]    
Real Estate 102.6    
Other 0 [5]    
Square Footage 186,000    
Additional Funding [Member] | Missouri [Member]
     
Real Estate Acquisitions and Mortgage Note Financing [Line Items]      
Elimination of Construction Mortgage Note Receivable 6.5    
Other Commitment 2.3    
Texas One [Member] | Real estate acquisitions [Member] | Texas [Member]
     
Real Estate Acquisitions and Mortgage Note Financing [Line Items]      
Date Acquired Apr. 08, 2013 May 23, 2012  
Purchase Price 16.3 10.7  
Percentage of Medical Office Building Leased   100.00%  
Percentage of Property Leased 100.00%    
Construction Mortgage Note Receivable Repayments   (9.9)  
Cash Consideration 16.3 [3] 0.8 [4]  
Real Estate 16.3 10.7  
Other       
Square Footage 42,627 76,484  
Number of tenants occupying building 1    
Texas Two [Member] | Real estate acquisitions [Member] | Texas [Member]
     
Real Estate Acquisitions and Mortgage Note Financing [Line Items]      
Date Acquired Dec. 16, 2013 Dec. 20, 2012  
Purchase Price 19.0 30.6  
Percentage of Medical Office Building Leased   100.00%  
Percentage of Property Leased 88.00%    
Lease expiration period   Jan. 01, 2032  
Construction Mortgage Note Receivable Repayments       
Mortgage Notes Payable Assumed 0 [1]    
Cash Consideration 19.0 [3] 30.6 [4]  
Real Estate 19.1 30.6  
Other (0.1) [5]     
Square Footage 97,552 66,095  
Colorado One [Member] | Real estate acquisitions [Member] | COLORADO
     
Real Estate Acquisitions and Mortgage Note Financing [Line Items]      
Date Acquired Sep. 27, 2013    
Purchase Price 33.2    
Percentage of Property Leased 100.00%    
Mortgage Notes Payable Assumed 12.0 [1]    
Cash Consideration 21.2 [3]    
Real Estate 32.9    
Other 0.3 [5]    
Square Footage 80,153    
Business Combination Liabilities Assumed Fair Value Adjustment 0.7    
Contractual interest rates 6.17%    
Colorado Two [Member] | Real estate acquisitions [Member] | COLORADO
     
Real Estate Acquisitions and Mortgage Note Financing [Line Items]      
Date Acquired Oct. 24, 2013    
Purchase Price 21.6    
Percentage of Property Leased 83.00%    
Mortgage Notes Payable Assumed 0 [1]    
Cash Consideration 21.6 [3]    
Real Estate 21.7    
Other (0.1) [5]    
Square Footage 70,138    
Colorado Three [Member] | Real estate acquisitions [Member] | COLORADO
     
Real Estate Acquisitions and Mortgage Note Financing [Line Items]      
Date Acquired Dec. 16, 2013    
Purchase Price 7.0    
Percentage of Property Leased 100.00%    
Mortgage Notes Payable Assumed 0 [1]    
Cash Consideration 7.0 [3]    
Real Estate 7.1    
Other $ (0.1) [5]    
Square Footage 34,068    
St Josephs Medical Center [Member] | Real estate acquisitions [Member] | INDIANA
     
Real Estate Acquisitions and Mortgage Note Financing [Line Items]      
Percentage of Property Leased 48.00%    
Poudre Valley Health System [Member] | Colorado One [Member] | Real estate acquisitions [Member] | COLORADO
     
Real Estate Acquisitions and Mortgage Note Financing [Line Items]      
Percentage of Property Leased 71.00%    
Mercy Health [Member] | Real estate acquisitions [Member] | Missouri [Member]
     
Real Estate Acquisitions and Mortgage Note Financing [Line Items]      
Percentage of Property Leased 100.00%    
Seton Healthcare [Member] | Texas Two [Member] | Real estate acquisitions [Member] | Texas [Member]
     
Real Estate Acquisitions and Mortgage Note Financing [Line Items]      
Percentage of Property Leased 24.00%    
[1] The mortgage note payable assumed in the acquisitions do not reflect the fair value adjustments totaling $1.4 million recorded by the Company upon acquisition (included in Other).
[2] The mortgage note payable assumed in the acquisition does not reflect the fair value adjustment recorded by the Company upon acquisition (included in Other).
[3] Cash consideration excludes non-real estate assets acquired and liabilities assumed in the acquisitions.
[4] Cash Consideration excludes receivables acquired and liabilities assumed in the acquisitions.
[5] Includes intangibles recognized at acquisition and fair value adjustments on debt assumed.