XML 55 R39.htm IDEA: XBRL DOCUMENT v3.20.2
Acquisitions, Dispositions and Other Transactions - Healthpeak CCRC Venture and Master Lease Transactions (Details)
3 Months Ended 6 Months Ended
Oct. 01, 2019
USD ($)
entry_fee
extension_option
community
Jun. 30, 2020
USD ($)
Mar. 31, 2020
USD ($)
Jun. 30, 2019
USD ($)
Jun. 30, 2020
USD ($)
community
Jun. 30, 2019
USD ($)
Dec. 31, 2019
USD ($)
Business Acquisition [Line Items]              
Number of additional entry fee | entry_fee 1            
Gain (loss) on sale of assets, net   $ (1,029,000)   $ 2,846,000 $ 371,810,000 $ 2,144,000  
Payments (proceeds) for management agreement termination fee     $ 100,000,000.0        
Marketable securities   109,873,000     109,873,000   $ 68,567,000
Gain (loss) on extinguishment of debt   (157,000)   $ (2,672,000) $ 19,024,000 $ (2,739,000)  
Number of communities previously subject to sale leaseback transactions | community         8    
HCP, Inc. | CCRCs              
Business Acquisition [Line Items]              
Business acquisition, percentage of voting interests acquired 51.00%            
Number of entry fee | entry_fee 14            
Purchase price $ 289,200,000            
Working capital adjustment   $ 5,900,000          
Payments to acquire interest in joint venture 1,060,000,000.00            
Gain (loss) on sale of assets, net         $ 369,800,000    
Payments (proceeds) for management agreement termination fee $ 100,000,000.0            
Master Lease Transactions              
Business Acquisition [Line Items]              
Number of continuing communities | community 24            
Operating leases, rent expense $ 41,700,000            
Annual escalator rate 2.40%            
Operating lease, initial lease rate 7.00%            
Gain (loss) on extinguishment of debt         19,700,000    
Financing lease obligations, carrying value         $ 105,100,000    
Master Lease Transactions | HCP, Inc.              
Business Acquisition [Line Items]              
Payments to acquire interest in joint venture $ 405,500,000            
Direct acquisition costs $ 1,700,000            
Number of communities leased | community 25            
Number of communities, acquired, previously leased or managed | community 18            
Number of leases communities transferred to successor operator | community 1            
Number of continuing communities | community 24            
Number of extensions | extension_option 2            
Term of extensions 10 years            
Operating lease, capital expenditures, availability $ 35,000,000.0            
Non-Recourse First Mortgages | Master Lease Transactions              
Business Acquisition [Line Items]              
Proceeds from issuance of debt $ 192,600,000