XML 90 R70.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONDENSED CONSOLIDATING INFORMATION (Unaudited) - Statement of Cash Flows (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Condensed Consolidating Statement of Cash Flows    
Net cash provided by (used in) operating activities $ 335,731 $ 277,149
Cash flows from investing activities:    
Net investment in real estate property (198,843) (13,620)
Investment in loans receivable and other (701,358) (146,214)
Proceeds from real estate disposals 0 54,211
Proceeds from loans receivable 3,363 1,625
Development project expenditures (86,452) (34,767)
Capital expenditures (23,835) (23,721)
Investment in unconsolidated operating entity (14,850) 0
Other (12,090) (4,265)
Net cash used in investing activities (1,034,065) (166,751)
Cash flows from financing activities:    
Net change in borrowings under credit facility 22,822 137,440
Proceeds from debt 797,214 145
Repayment of debt (20,496) (151,309)
Purchase of noncontrolling interest (15,809) 0
Net change in intercompany debt 0 0
Payment of deferred financing costs (6,384) (76)
Issuance of common stock, net 0 149,631
Cash distribution (to) from affiliates 0 0
Cash distribution to common stockholders (275,368) (245,496)
Cash distribution to redeemable OP unitholders (1,893) (2,323)
Contributions from noncontrolling interests 2,102 0
Distributions to noncontrolling interests (2,410) (1,743)
Other 3,297 1,893
Net cash provided by (used in) financing activities 503,075 (111,838)
Net decrease in cash and cash equivalents (195,259) (1,440)
Effect of foreign currency translation on cash and cash equivalents (164) 118
Cash and cash equivalents at beginning of period 286,707 53,023
Cash and cash equivalents at end of period 91,284 51,701
Consolidated Elimination    
Condensed Consolidating Statement of Cash Flows    
Net cash provided by (used in) operating activities 0 0
Cash flows from investing activities:    
Net investment in real estate property 0 0
Investment in loans receivable and other 0 0
Proceeds from real estate disposals   0
Proceeds from loans receivable 0 0
Development project expenditures 0 0
Capital expenditures 0 0
Investment in unconsolidated operating entity 0  
Other 0 0
Net cash used in investing activities 0 0
Cash flows from financing activities:    
Net change in borrowings under credit facility 0 0
Proceeds from debt 0 0
Repayment of debt 0 0
Purchase of noncontrolling interest 0  
Net change in intercompany debt 0 0
Payment of deferred financing costs 0 0
Issuance of common stock, net   0
Cash distribution (to) from affiliates 0 0
Cash distribution to common stockholders 0 0
Cash distribution to redeemable OP unitholders 0 0
Contributions from noncontrolling interests 0  
Distributions to noncontrolling interests 0 0
Other 0 0
Net cash provided by (used in) financing activities 0 0
Net decrease in cash and cash equivalents 0 0
Effect of foreign currency translation on cash and cash equivalents 0 0
Cash and cash equivalents at beginning of period 0 0
Cash and cash equivalents at end of period 0 0
Ventas, Inc.    
Condensed Consolidating Statement of Cash Flows    
Net cash provided by (used in) operating activities 4,280 26,413
Cash flows from investing activities:    
Net investment in real estate property (198,843) (13,620)
Investment in loans receivable and other (2,313) 0
Proceeds from real estate disposals   11,091
Proceeds from loans receivable 0 0
Development project expenditures 0 0
Capital expenditures 0 0
Investment in unconsolidated operating entity 0  
Other 0 0
Net cash used in investing activities (201,156) (2,529)
Cash flows from financing activities:    
Net change in borrowings under credit facility 0 0
Proceeds from debt 0 0
Repayment of debt 0 0
Purchase of noncontrolling interest (15,809)  
Net change in intercompany debt 577,099 81,812
Payment of deferred financing costs 0 0
Issuance of common stock, net   149,631
Cash distribution (to) from affiliates (298,190) (7,440)
Cash distribution to common stockholders (275,368) (245,496)
Cash distribution to redeemable OP unitholders 0 0
Contributions from noncontrolling interests 0  
Distributions to noncontrolling interests 0 0
Other 3,297 1,893
Net cash provided by (used in) financing activities (8,971) (19,600)
Net decrease in cash and cash equivalents (205,847) 4,284
Effect of foreign currency translation on cash and cash equivalents 5,146 (8,710)
Cash and cash equivalents at beginning of period 210,303 11,733
Cash and cash equivalents at end of period 9,602 7,307
Ventas Realty    
Condensed Consolidating Statement of Cash Flows    
Net cash provided by (used in) operating activities (32,666) (34,344)
Cash flows from investing activities:    
Net investment in real estate property 0 0
Investment in loans receivable and other 0 0
Proceeds from real estate disposals   0
Proceeds from loans receivable 0 0
Development project expenditures 0 0
Capital expenditures (9) 0
Investment in unconsolidated operating entity 0  
Other 0 0
Net cash used in investing activities (9) 0
Cash flows from financing activities:    
Net change in borrowings under credit facility 18,000 (10,000)
Proceeds from debt 793,904 0
Repayment of debt (19) 0
Purchase of noncontrolling interest 0  
Net change in intercompany debt (800,193) 41,031
Payment of deferred financing costs (6,384) 0
Issuance of common stock, net   0
Cash distribution (to) from affiliates 27,367 3,313
Cash distribution to common stockholders 0 0
Cash distribution to redeemable OP unitholders 0 0
Contributions from noncontrolling interests 0  
Distributions to noncontrolling interests 0 0
Other 0 0
Net cash provided by (used in) financing activities 32,675 34,344
Net decrease in cash and cash equivalents 0  
Effect of foreign currency translation on cash and cash equivalents 0 0
Cash and cash equivalents at beginning of period 0 0
Cash and cash equivalents at end of period 0  
Ventas Subsidiaries    
Condensed Consolidating Statement of Cash Flows    
Net cash provided by (used in) operating activities 364,117 285,080
Cash flows from investing activities:    
Net investment in real estate property 0 0
Investment in loans receivable and other (699,045) (146,214)
Proceeds from real estate disposals   43,120
Proceeds from loans receivable 3,363 1,625
Development project expenditures (86,452) (34,767)
Capital expenditures (23,826) (23,721)
Investment in unconsolidated operating entity (14,850)  
Other (12,090) (4,265)
Net cash used in investing activities (832,900) (164,222)
Cash flows from financing activities:    
Net change in borrowings under credit facility 4,822 147,440
Proceeds from debt 3,310 145
Repayment of debt (20,477) (151,309)
Purchase of noncontrolling interest 0  
Net change in intercompany debt 223,094 (122,843)
Payment of deferred financing costs 0 (76)
Issuance of common stock, net   0
Cash distribution (to) from affiliates 270,823 4,127
Cash distribution to common stockholders 0 0
Cash distribution to redeemable OP unitholders (1,893) (2,323)
Contributions from noncontrolling interests 2,102  
Distributions to noncontrolling interests (2,410) (1,743)
Other 0 0
Net cash provided by (used in) financing activities 479,371 (126,582)
Net decrease in cash and cash equivalents 10,588 (5,724)
Effect of foreign currency translation on cash and cash equivalents (5,310) 8,828
Cash and cash equivalents at beginning of period 76,404 41,290
Cash and cash equivalents at end of period $ 81,682 $ 44,394