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Property Investments
12 Months Ended
Dec. 31, 2015
Real Estate Investment Property, Net [Abstract]  
Property Investments
Property Investments
The Company invests in healthcare-related properties and mortgages located throughout the United States. The Company provides management, leasing and development services, and capital for the construction of new facilities, as well as for the acquisition of existing properties. The Company had investments of approximately $3.4 billion in 198 real estate properties, mortgages, land held for development and corporate property as of December 31, 2015. The following table summarizes the Company’s investments.
(Dollars in thousands)
Number of Facilities

 
Land

 
Buildings, Improvements,and Lease Intangibles

 
Personal Property

 
Total

 
Accumulated Depreciation

Medical office/outpatient:
 
 
 
 
 
 
 
 
 
 
 
Alabama
4

 
$
650

 
$
35,169

 
$
20

 
$
35,839

 
$
(18,001
)
Arizona
7

 
1,330

 
61,902

 
444

 
63,676

 
(14,297
)
California
11

 
31,484

 
177,589

 
189

 
209,262

 
(60,638
)
Colorado
10

 
8,257

 
194,981

 
208

 
203,446

 
(24,629
)
District of Columbia
2

 

 
31,346

 

 
31,346

 
(10,110
)
Florida
7

 
6,873

 
69,113

 
106

 
76,092

 
(34,851
)
Hawaii
3

 
8,327

 
126,984

 
160

 
135,471

 
(21,559
)
Illinois
3

 
6,142

 
50,778

 
146

 
57,066

 
(12,820
)
Indiana
4

 
3,358

 
117,262

 

 
120,620

 
(19,751
)
Iowa
6

 
12,665

 
80,691

 
94

 
93,450

 
(15,055
)
Minnesota
2

 
2,090

 
34,908

 

 
36,998

 
(1,006
)
Missouri
3

 
3,797

 
28,278

 
7

 
32,082

 
(15,707
)
North Carolina
16

 
5,096

 
157,416

 
95

 
162,607

 
(41,974
)
Oklahoma
2

 
7,673

 
101,366

 

 
109,039

 
(4,610
)
Tennessee
14

 
10,353

 
189,052

 
298

 
199,703

 
(66,023
)
Texas
43

 
45,036

 
631,114

 
1,318

 
677,468

 
(166,700
)
Virginia
13

 
3,334

 
185,204

 
139

 
188,677

 
(42,894
)
Washington
12

 
13,217

 
279,360

 
265

 
292,842

 
(31,434
)
Other (11 states)
14

 
4,906

 
132,507

 
85

 
137,498

 
(46,295
)
 
176

 
174,588

 
2,685,020

 
3,574

 
2,863,182

 
(648,354
)
Inpatient:
 
 
 
 
 
 
 
 
 
 
 
Arizona
1

 
3,641

 
12,371

 

 
16,012

 
(2,195
)
California
1

 

 
12,688

 

 
12,688

 
(6,955
)
Colorado
1

 
623

 
10,788

 

 
11,411

 
(835
)
Missouri
1

 
1,989

 
109,304

 

 
111,293

 
(6,351
)
Pennsylvania
4

 
6,555

 
74,634

 

 
81,189

 
(40,527
)
Texas
5

 
9,507

 
158,175

 
265

 
167,947

 
(29,742
)
 
13

 
22,315

 
377,960

 
265

 
400,540

 
(86,605
)
Other:
 
 
 
 
 
 
 
 
 
 
 
Indiana
1

 
96

 
3,662

 
32

 
3,790

 
(2,593
)
Iowa
1

 

 
40,275

 

 
40,275

 
(3,588
)
Michigan
5

 
193

 
12,728

 
183

 
13,104

 
(8,776
)
Tennessee
1

 
253

 
7,213

 
408

 
7,874

 
(2,452
)
Virginia
1

 
1,140

 
9,035

 
2

 
10,177

 
(5,477
)
 
9

 
1,682

 
72,913

 
625

 
75,220

 
(22,886
)
Land Held for Development

 
17,452

 

 

 
17,452

 
(140
)
Construction in Progress (1)

 

 
19,024

 

 
19,024

 

Corporate Property

 

 

 
5,490

 
5,490

 
(3,941
)
 

 
17,452

 
19,024

 
5,490

 
41,966

 
(4,081
)
Total real estate investments
198

 
$
216,037

 
$
3,154,917

 
$
9,954

 
$
3,380,908

 
$
(761,926
)

______
(1) Construction in progress includes $5.8 million of land.