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Debt (Tables)
 12 Months Ended
Dec. 31, 2018
Debt Disclosure [Abstract]  
Summary of senior unsecured notes payoffs (dollars in thousands)
The following table summarizes the Company’s senior unsecured notes payoffs for the periods presented (dollars in thousands):
Period
 
Amount
 
Coupon Rate
Year ended December 31, 2018:
 
 
 
 
July 16, 2018(1)
 
$
700,000

 
5.375
%
November 8, 2018
 
$
450,000

 
3.750
%
Year ended December 31, 2017:
 
 
 
 

May 1, 2017
 
$
250,000

    
5.625
%
July 27, 2017(2)
 
$
500,000

 
5.375
%
Year ended December 31, 2016:
 
 
 
 
February 1, 2016
 
$
500,000

 
3.750
%
September 15, 2016
 
$
400,000

 
6.300
%
November 30, 2016(3)
 
$
500,000

 
6.000
%
November 30, 2016(3)
 
$
600,000

 
6.700
%

_______________________________________
(1)
The Company recorded a $44 million loss on debt extinguishment related to the repurchase of senior notes.
(2)
The Company recorded a $54 million loss on debt extinguishment related to the repurchase of senior notes.
(3)
The Company recorded a $46 million loss on debt extinguishment related to the repurchase of senior notes.
Summary of stated debt maturities and scheduled principal repayments (in thousands)
The following table summarizes the Company’s stated debt maturities and scheduled principal repayments at December 31, 2018 (dollars in thousands):
 
 
Bank Line of Credit(1)
 
Senior Unsecured Notes(2)
 
Mortgage Debt(3)
 
Total(4)
Year
 
 
Amount
 
Interest Rate
 
Amount
 
Interest Rate
 
2019
 
$
—

 
$
—

 
—
%
 
$
3,561

 
—
%
 
$
3,561

2020
 
—

 
800,000

 
2.79
%
 
3,609

 
5.08
%
 
803,609

2021
 
80,103

 
—

 
—
%
 
10,957

 
5.26
%
 
91,060

2022
 
—

 
900,000

 
3.93
%
 
2,691

 
—
%
 
902,691

2023
 
—

 
800,000

 
4.39
%
 
2,811

 
—
%
 
802,811

Thereafter
 
—

 
2,800,000

 
4.34
%
 
109,705

 
4.10
%
 
2,909,705

 
 
80,103

 
5,300,000

 


 
133,334

 


 
5,513,437

(Discounts), premium and debt costs, net
 
—

 
(41,450
)
 
 
 
5,136

 
 
 
(36,314
)
 
 
$
80,103

 
$
5,258,550

 
 

 
$
138,470

 
 

 
$
5,477,123

_______________________________________
(1)
Includes £55 million translated into USD. 
(2)
Interest rates on the notes range from 2.79% to 6.87% with a weighted average effective rate of 4.03% and a weighted average maturity of six years.
(3)
Interest rates on the mortgage debt range from 2.80% to 5.91% with a weighted average effective interest rate of 4.20% and a weighted average maturity of 19 years.
(4)
Excludes $91 million of other debt that have no scheduled maturities. Other debt represents (i) $58 million of non-interest bearing life care bonds and occupancy fee deposits at certain of the Company's senior housing facilities and (ii) $33 million of on-demand notes from the CCRC JV which bear interest at a rate of 3.6%.