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Other Assets (Tables)
9 Months Ended
Sep. 30, 2014
Other Assets.  
Schedule of other assets

 

 

 

 

 

 

 

 

 

 

September 30,

 

December 31,

 

 

    

2014

    

2013

 

Straight-line rent assets, net of allowance of $34,648 and $34,230, respectively 

 

$

347,109 

 

$

368,919 

 

Marketable debt securities, net 

 

 

239,801 

 

 

244,089 

 

Leasing costs and inducements, net 

 

 

144,465 

 

 

104,601 

 

Deferred financing costs, net 

 

 

50,567 

 

 

42,106 

 

Goodwill 

 

 

50,346 

 

 

50,346 

 

Other(1) 

 

 

108,840 

(2)

 

57,644 

 

Total other assets 

 

$

941,128 

 

$

867,705 

 


(1)  Includes a $5.4 million allowance for losses related to accrued interest receivable on the Delphis loan, which accrued interest is included in other assets. At both September 30, 2014 and December 31, 2013, the carrying value of interest accrued related to the Delphis loan was zero. Also includes a loan receivable for $15 million and $10 million at September 30, 2014 and December 31, 2013, respectively, from HCP Ventures IV, LLC, an unconsolidated joint venture (see Note 8 for additional information). The loan bears interest at a fixed rate of 12% per annum and matures in May 2015.

(2)  Includes a $30.1 million non-interest bearing short-term receivable from Brookdale payable in eight quarterly installments (see Note 3 for additional information).