XML 37 R107.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Condensed Consolidating Information (Cash Flow Statement) (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Condensed Consolidating Statement of Cash Flows        
Net cash provided by (used in) operating activities $ 1,437,783 $ 1,381,467 $ 1,428,752  
Cash flows from investing activities:        
Net investment in real estate property (958,125) (265,907) (664,684)  
Investment in loans receivable (1,258,187) (229,534) (748,119)  
Proceeds from real estate disposals 147,855 353,792 859,874  
Proceeds from loans receivable 1,017,309 911,540 101,097  
Development project expenditures (403,923) (330,876) (299,085)  
Payments for Capital Improvements 156,724 131,858 132,558  
Capital expenditures (156,724) (131,858) (132,558)  
Distributions from unconsolidated entities 172 57,455 6,169  
Investment in unconsolidated entities (3,855) (47,007) (61,220)  
Insurance proceeds for property damage claims 30,179 6,891 1,419  
Net cash provided by (used in) investing activities (1,585,299) 324,496 (937,107)  
Cash flows from financing activities:        
Net change in borrowings under revolving credit facilities (569,891) 321,463 384,783  
Net change in borrowings under commercial paper program 565,524 0 0  
Proceeds from debt 3,013,191 2,549,473 1,111,649  
Repayment of debt (2,623,916) (3,465,579) (1,369,084)  
Purchase of noncontrolling interest   (4,724) (15,809)  
Net change in intercompany debt 0 0 0  
Payment of deferred financing costs (21,403) (20,612) (27,297)  
Issuance of common stock, net 942,085 0 73,596  
Cash distribution (to) from affiliates   0 0  
Cash distribution to common stockholders (1,157,720) (1,127,143) (827,285)  
Cash distribution to redeemable OP unitholders (9,218) (7,459) (5,677)  
Payments for Repurchase of Other Equity (2,203) (1,370) 0  
Purchases of redeemable OP units (2,203)      
Contributions from noncontrolling interests 6,282 1,883 4,402  
Distributions to noncontrolling interests (9,717) (11,574) (11,187)  
Proceeds from stock option exercises 36,179 8,762 16,287  
Other (8,519) (5,057) (5,705)  
Net cash provided by (used in) financing activities 160,674 (1,761,937) (671,327)  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect 13,158 (55,974) (179,682)  
Effect of foreign currency translation 1,480 (815) 581  
Effect of foreign currency translation 1,480 (815) 581  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 146,102 131,464 188,253 $ 367,354
Consolidated Elimination        
Condensed Consolidating Statement of Cash Flows        
Net cash provided by (used in) operating activities 0 0 0  
Cash flows from investing activities:        
Net investment in real estate property 0 0 0  
Investment in loans receivable 0 0 0  
Proceeds from real estate disposals 0 0 0  
Proceeds from loans receivable 0 0 0  
Development project expenditures 0 0 0  
Payments for Capital Improvements 0 0    
Capital expenditures     0  
Distributions from unconsolidated entities 0 0 0  
Investment in unconsolidated entities 0 0 0  
Insurance proceeds for property damage claims 0 0 0  
Net cash provided by (used in) investing activities 0 0 0  
Cash flows from financing activities:        
Net change in borrowings under revolving credit facilities 0 0 0  
Net change in borrowings under commercial paper program 0      
Proceeds from debt 0 0 0  
Repayment of debt 0 0 0  
Purchase of noncontrolling interest   0 0  
Net change in intercompany debt 0 0 0  
Payment of deferred financing costs 0 0 0  
Issuance of common stock, net 0   0  
Cash distribution (to) from affiliates   0 0  
Cash distribution to common stockholders 0 0 0  
Cash distribution to redeemable OP unitholders 0 0 0  
Payments for Repurchase of Other Equity   0    
Purchases of redeemable OP units 0      
Contributions from noncontrolling interests 0 0 0  
Distributions to noncontrolling interests 0 0 0  
Proceeds from stock option exercises 0 0 0  
Other 0 0 0  
Net cash provided by (used in) financing activities 0 0 0  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect 0 0 0  
Effect of foreign currency translation 0 0    
Effect of foreign currency translation     0  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 0 0 0 0
Ventas, Inc.        
Condensed Consolidating Statement of Cash Flows        
Net cash provided by (used in) operating activities 59,433 45,334 149,923  
Cash flows from investing activities:        
Net investment in real estate property (235,807) (265,907) (635,352)  
Investment in loans receivable (21,799) (4,307) (4,633)  
Proceeds from real estate disposals 147,546 353,792 859,587  
Proceeds from loans receivable 60 1,490 47  
Development project expenditures (7,240) 0 0  
Payments for Capital Improvements 0 0    
Capital expenditures     0  
Distributions from unconsolidated entities 0 0 0  
Investment in unconsolidated entities 0 0 0  
Insurance proceeds for property damage claims 0 0 0  
Net cash provided by (used in) investing activities (117,240) 85,068 219,649  
Cash flows from financing activities:        
Net change in borrowings under revolving credit facilities 0 0 0  
Net change in borrowings under commercial paper program 0      
Proceeds from debt 0 0 0  
Repayment of debt 0 0 0  
Purchase of noncontrolling interest   (8,271) (15,809)  
Net change in intercompany debt 225,407 1,468,811 1,003,315  
Payment of deferred financing costs 0 0 0  
Issuance of common stock, net 942,085   73,596  
Cash distribution (to) from affiliates   (490,214) (803,257)  
Cash distribution to common stockholders (1,157,720) (1,127,143) (827,285)  
Cash distribution to redeemable OP unitholders 0 0 0  
Payments for Repurchase of Other Equity   0    
Purchases of redeemable OP units 0      
Contributions from noncontrolling interests 0 0 0  
Distributions to noncontrolling interests 0 0 0  
Proceeds from stock option exercises 36,179 8,762 16,287  
Other (8,502) (5,057) (5,705)  
Net cash provided by (used in) financing activities 37,449 (153,112) (558,858)  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect (20,358) (22,710) (189,286)  
Effect of foreign currency translation 12,786 (13,554)    
Effect of foreign currency translation     28,442  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 3,109 10,681 46,945 207,789
Ventas Realty        
Condensed Consolidating Statement of Cash Flows        
Net cash provided by (used in) operating activities (179,258) (194,283) (143,960)  
Cash flows from investing activities:        
Net investment in real estate property 0 0 0  
Investment in loans receivable 0 0 0  
Proceeds from real estate disposals 0 0 0  
Proceeds from loans receivable 0 0 0  
Development project expenditures (790) 0 0  
Payments for Capital Improvements 0 1,199    
Capital expenditures     (726)  
Distributions from unconsolidated entities 0 0 0  
Investment in unconsolidated entities 0 0 0  
Insurance proceeds for property damage claims 0 0 0  
Net cash provided by (used in) investing activities (790) (1,199) (726)  
Cash flows from financing activities:        
Net change in borrowings under revolving credit facilities (577,996) 326,620 478,868  
Net change in borrowings under commercial paper program 565,524      
Proceeds from debt 1,793,154 2,309,141 793,904  
Repayment of debt (2,109,894) (2,954,654) (778,606)  
Purchase of noncontrolling interest   0 0  
Net change in intercompany debt 525,608 530,236 (917,917)  
Payment of deferred financing costs (16,348) (15,861) (20,450)  
Issuance of common stock, net 0   0  
Cash distribution (to) from affiliates   0 587,511  
Cash distribution to common stockholders 0 0 0  
Cash distribution to redeemable OP unitholders 0 0 0  
Payments for Repurchase of Other Equity   0    
Purchases of redeemable OP units 0      
Contributions from noncontrolling interests 0 0 0  
Distributions to noncontrolling interests 0 0 0  
Proceeds from stock option exercises 0 0 0  
Other 0 0 0  
Net cash provided by (used in) financing activities 180,048 195,482 143,310  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect 0 0 (1,376)  
Effect of foreign currency translation 0 0    
Effect of foreign currency translation     0  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 128 128 128 1,504
Ventas Subsidiaries        
Condensed Consolidating Statement of Cash Flows        
Net cash provided by (used in) operating activities 1,557,608 1,530,416 1,422,789  
Cash flows from investing activities:        
Net investment in real estate property (722,318) 0 (29,332)  
Investment in loans receivable (1,236,388) (225,227) (743,486)  
Proceeds from real estate disposals 309 0 287  
Proceeds from loans receivable 1,017,249 910,050 101,050  
Development project expenditures (395,893) (330,876) (299,085)  
Payments for Capital Improvements 156,724 130,659    
Capital expenditures     (131,832)  
Distributions from unconsolidated entities 172 57,455 6,169  
Investment in unconsolidated entities (3,855) (47,007) (61,220)  
Insurance proceeds for property damage claims 30,179 6,891 1,419  
Net cash provided by (used in) investing activities (1,467,269) 240,627 (1,156,030)  
Cash flows from financing activities:        
Net change in borrowings under revolving credit facilities 8,105 (5,157) (94,085)  
Net change in borrowings under commercial paper program 0      
Proceeds from debt 1,220,037 240,332 317,745  
Repayment of debt (514,022) (510,925) (590,478)  
Purchase of noncontrolling interest   3,547 0  
Net change in intercompany debt (751,015) (1,999,047) (85,398)  
Payment of deferred financing costs (5,055) (4,751) (6,847)  
Issuance of common stock, net 0   0  
Cash distribution (to) from affiliates   490,214 215,746  
Cash distribution to common stockholders 0 0 0  
Cash distribution to redeemable OP unitholders (9,218) (7,459) (5,677)  
Payments for Repurchase of Other Equity (2,203) (1,370)    
Contributions from noncontrolling interests 6,282 1,883 4,402  
Distributions to noncontrolling interests (9,717) (11,574) (11,187)  
Proceeds from stock option exercises 0 0 0  
Other (17) 0 0  
Net cash provided by (used in) financing activities (56,823) (1,804,307) (255,779)  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Excluding Exchange Rate Effect 33,516 (33,264) 10,980  
Effect of foreign currency translation (11,306) 12,739    
Effect of foreign currency translation     (27,861)  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $ 142,865 $ 120,655 $ 141,180 $ 158,061