XML 28 R55.htm IDEA: XBRL DOCUMENT v2.4.0.8
Commitments and Contingencies (Details) (USD $)
3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended 6 Months Ended 12 Months Ended 6 Months Ended 12 Months Ended 6 Months Ended 12 Months Ended 6 Months Ended 12 Months Ended 6 Months Ended 12 Months Ended 6 Months Ended 12 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Dec. 31, 2013
Dec. 31, 2012
Jun. 30, 2014
HCR ManorCare
Jun. 30, 2013
HCR ManorCare
Jun. 30, 2014
HCR ManorCare
Jun. 30, 2013
HCR ManorCare
Dec. 31, 2013
HCR ManorCare
Jun. 30, 2014
Brookdale Senior Living
item
Jun. 30, 2014
Senior housing
Jun. 30, 2013
Senior housing
Jun. 30, 2014
Senior housing
Jun. 30, 2013
Senior housing
Jun. 30, 2014
Post-acute/skilled
Jun. 30, 2013
Post-acute/skilled
Jun. 30, 2014
Post-acute/skilled
Jun. 30, 2013
Post-acute/skilled
Jun. 30, 2014
Total Assets
Operators
HCR ManorCare
Dec. 31, 2013
Total Assets
Operators
HCR ManorCare
Jun. 30, 2014
Total Assets
Operators
Brookdale Senior Living
Dec. 31, 2013
Total Assets
Operators
Brookdale Senior Living
Jun. 30, 2014
Total Assets
Operators
Sunrise Senior Living
Dec. 31, 2013
Total Assets
Operators
Sunrise Senior Living
Jun. 30, 2014
Total Assets
Operators
Senior housing
HCR ManorCare
Dec. 31, 2013
Total Assets
Operators
Senior housing
HCR ManorCare
Jun. 30, 2014
Total Assets
Operators
Senior housing
Brookdale Senior Living
Dec. 31, 2013
Total Assets
Operators
Senior housing
Brookdale Senior Living
Jun. 30, 2014
Total Assets
Operators
Senior housing
Sunrise Senior Living
Dec. 31, 2013
Total Assets
Operators
Senior housing
Sunrise Senior Living
Jun. 30, 2014
Total Assets
Operators
Post-acute/skilled
HCR ManorCare
Dec. 31, 2013
Total Assets
Operators
Post-acute/skilled
HCR ManorCare
Jun. 30, 2014
Revenue
Operators
HCR ManorCare
Jun. 30, 2013
Revenue
Operators
HCR ManorCare
Jun. 30, 2014
Revenue
Operators
HCR ManorCare
Jun. 30, 2013
Revenue
Operators
HCR ManorCare
Jun. 30, 2014
Revenue
Operators
Brookdale Senior Living
Jun. 30, 2013
Revenue
Operators
Brookdale Senior Living
Jun. 30, 2014
Revenue
Operators
Brookdale Senior Living
Jun. 30, 2013
Revenue
Operators
Brookdale Senior Living
Jun. 30, 2014
Revenue
Operators
Sunrise Senior Living
Jun. 30, 2013
Revenue
Operators
Sunrise Senior Living
Jun. 30, 2014
Revenue
Operators
Sunrise Senior Living
Jun. 30, 2013
Revenue
Operators
Sunrise Senior Living
Jun. 30, 2014
Revenue
Operators
Senior housing
HCR ManorCare
Jun. 30, 2013
Revenue
Operators
Senior housing
HCR ManorCare
Jun. 30, 2014
Revenue
Operators
Senior housing
HCR ManorCare
Jun. 30, 2013
Revenue
Operators
Senior housing
HCR ManorCare
Jun. 30, 2014
Revenue
Operators
Senior housing
Brookdale Senior Living
Jun. 30, 2013
Revenue
Operators
Senior housing
Brookdale Senior Living
Jun. 30, 2014
Revenue
Operators
Senior housing
Brookdale Senior Living
Jun. 30, 2013
Revenue
Operators
Senior housing
Brookdale Senior Living
Jun. 30, 2014
Revenue
Operators
Senior housing
Sunrise Senior Living
Jun. 30, 2013
Revenue
Operators
Senior housing
Sunrise Senior Living
Jun. 30, 2014
Revenue
Operators
Senior housing
Sunrise Senior Living
Jun. 30, 2013
Revenue
Operators
Senior housing
Sunrise Senior Living
Jun. 30, 2014
Revenue
Operators
Post-acute/skilled
HCR ManorCare
Jun. 30, 2013
Revenue
Operators
Post-acute/skilled
HCR ManorCare
Jun. 30, 2014
Revenue
Operators
Post-acute/skilled
HCR ManorCare
Jun. 30, 2013
Revenue
Operators
Post-acute/skilled
HCR ManorCare
Concentration of Credit Risk                                                                                                                            
Concentration risk (as a percent)                                         32.00% 32.00% 19.00% 19.00% 7.00% 7.00% 11.00% 11.00% 46.00% 48.00% 17.00% 17.00% 89.00% 89.00% 28.00% 29.00% 28.00% 28.00% 17.00% 17.00% 17.00% 17.00% 4.00% 5.00% 4.00% 5.00% 10.00% 10.00% 10.00% 10.00% 46.00% 46.00% 46.00% 46.00% 11.00% 13.00% 11.00% 13.00% 86.00% 87.00% 86.00% 88.00%
Number of RIDEA joint ventures                       2                                                                                                    
Balance Sheets:                                                                                                                            
Real estate and other property, net $ 10,814,881,000   $ 10,814,881,000   $ 10,627,249,000   $ 2,970,700,000   $ 2,970,700,000   $ 2,993,200,000                                                                                                      
Cash and cash equivalents 54,070,000 53,114,000 54,070,000 53,114,000 300,556,000 247,673,000 150,700,000   150,700,000   141,800,000                                                                                                      
Goodwill, intangible and other assets, net 940,008,000   940,008,000   867,705,000   5,099,900,000   5,099,900,000   5,174,900,000                                                                                                      
Total assets 20,144,169,000 [1]   20,144,169,000 [1]   20,075,870,000 [1]   8,221,300,000   8,221,300,000   8,309,900,000                                                                                                      
Debt and financing obligations             6,191,700,000   6,191,700,000   6,258,500,000                                                                                                      
Accounts payable, accrued liabilities and other 339,364,000   339,364,000   318,427,000   996,400,000   996,400,000   1,013,400,000                                                                                                      
Total equity 10,972,594,000 10,798,259,000 10,972,594,000 10,798,259,000 10,931,134,000 10,753,777,000 1,033,200,000   1,033,200,000   1,038,000,000                                                                                                      
Total liabilities and equity 20,144,169,000   20,144,169,000   20,075,870,000   8,221,300,000   8,221,300,000   8,309,900,000                                                                                                      
Income Statements:                                                                                                                            
Revenues 536,121,000 512,239,000 1,066,113,000 1,023,424,000     1,039,100,000 1,024,300,000 2,086,700,000 2,083,800,000     193,273,000 189,461,000 384,695,000 376,503,000 152,055,000 146,284,000 303,247,000 290,105,000                                                                                    
Operating, general and administrative expense             (914,500,000) (864,400,000) (1,810,300,000) (1,764,000,000)                                                                                                        
Depreciation and amortization expense (113,133,000) (109,210,000) (220,521,000) (212,389,000)     (35,300,000) (35,700,000) (70,900,000) (72,400,000)                                                                                                        
Interest expense (106,842,000) (108,452,000) (213,480,000) (217,562,000)     (102,200,000) (103,900,000) (204,700,000) (208,100,000)                                                                                                        
Other income (expense), net 709,000 3,288,000 2,639,000 15,400,000     1,600,000 (500,000) 4,500,000 1,700,000                                                                                                        
(Loss) income from continuing operations before income tax benefit (expense)             (11,300,000) 19,800,000 5,300,000 41,000,000                                                                                                        
Income tax benefit (expense) (1,339,000) (1,604,000) (2,785,000) (2,519,000)     4,600,000 (6,700,000) (2,200,000) (13,500,000)                                                                                                        
Income from continuing operations 222,279,000 213,897,000 456,156,000 445,450,000     (6,700,000) 13,100,000 3,100,000 27,500,000                                                                                                        
Loss from discontinued operations, net of taxes   2,828,000 29,746,000 5,059,000     (4,200,000) (3,000,000) (5,600,000) (5,700,000)                                                                                                        
Net income 222,279,000 216,725,000 485,902,000 450,509,000     (10,900,000) 10,100,000 (2,500,000) 21,800,000                                                                                                        
Credit Enhancement Guarantee                                                                                                                            
Third party debt collateralized by facilities, debt amount (maturing in May 1, 2025) 108,000,000   108,000,000                                                                                                                      
Third party debt collateralized by facilities, asset carrying amount (maturing in May 1, 2025) $ 372,000,000   $ 372,000,000                                                                                                                      
[1] The Company's consolidated total assets at June 30, 2014 and December 31, 2013 each include $1 million of other assets of certain variable interest entities ("VIEs") that can only be used to settle the liabilities of those VIEs. See Note 16 to the Condensed Consolidated Financial Statements for additional information.