STOCKHOLDERS' EQUITY

6 Months Ended

Jun. 30, 2019

Equity [Abstract]

STOCKHOLDERS' EQUITY

NOTE 13—STOCKHOLDERS' EQUITY

Capital Stock

From time to time, we may sell up to an aggregate of $1.0 billion of our common stock under an “at-the-market” equity offering program (“ATM program”).  During the six months ended June 30, 2019, we sold 1.6 million shares of common stock under our ATM program for gross proceeds of $64.15 per share.  As of June 30, 2019, $900.0 million of our common stock remained available for sale under our ATM program.

In June 2019, we sold 12.7 million shares of our common stock under a registered public offering for gross proceeds of $62.75 per share. We used the net proceeds to fund a bridge loan to Le Groupe Maurice (“LGM”) in connection with our pending acquisition of a seniors housing portfolio in Canada. We intend to use any net proceeds not used for such purpose for working capital and other general corporate purposes. See "NOTE 17 —SUBSEQUENT EVENT."

Accumulated Other Comprehensive Loss

The following is a summary of our accumulated other comprehensive loss:

	As of June 30, 2019			As of December 31, 2018
	(In thousands)
Foreign currency translation	$	(59,775	)	$	(55,016	)
Accumulated unrealized gain on available for sale securities	22,642			15,746
Derivative instruments	(2,538		)	19,688
Total accumulated other comprehensive loss	$	(39,671	)	$	(19,582	)