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Consolidated Statements of Cash Flows (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Operating activities      
Net income (loss) $ 512,300,000us-gaap_ProfitLoss $ 138,280,000us-gaap_ProfitLoss $ 294,840,000us-gaap_ProfitLoss
Adjustments to reconcile net income to net cash provided from (used in) operating activities:      
Depreciation and amortization expenses 844,130,000us-gaap_DepreciationDepletionAndAmortization 873,960,000us-gaap_DepreciationDepletionAndAmortization 533,585,000us-gaap_DepreciationDepletionAndAmortization
Other amortization expenses 6,971,000us-gaap_AdjustmentForAmortization 8,097,000us-gaap_AdjustmentForAmortization 15,185,000us-gaap_AdjustmentForAmortization
Provision for loan losses 0us-gaap_ProvisionForLoanAndLeaseLosses 2,110,000us-gaap_ProvisionForLoanAndLeaseLosses 27,008,000us-gaap_ProvisionForLoanAndLeaseLosses
Impairment of assets 0us-gaap_ImpairmentOfRealEstate 0us-gaap_ImpairmentOfRealEstate 29,287,000us-gaap_ImpairmentOfRealEstate
Stock-based compensation expense 32,075,000us-gaap_ShareBasedCompensation 20,177,000us-gaap_ShareBasedCompensation 18,521,000us-gaap_ShareBasedCompensation
Loss on derivatives (1,495,000)us-gaap_LossOnDerivativeInstrumentsPretax 4,470,000us-gaap_LossOnDerivativeInstrumentsPretax (1,825,000)us-gaap_LossOnDerivativeInstrumentsPretax
Loss (gain) on extinguishment of debt, net 9,558,000us-gaap_GainsLossesOnExtinguishmentOfDebt (909,000)us-gaap_GainsLossesOnExtinguishmentOfDebt (775,000)us-gaap_GainsLossesOnExtinguishmentOfDebt
Income from unconsolidated entities 27,426,000us-gaap_IncomeLossFromEquityMethodInvestments 8,187,000us-gaap_IncomeLossFromEquityMethodInvestments (2,482,000)us-gaap_IncomeLossFromEquityMethodInvestments
Rental income less than (in excess of) cash received (74,552,000)us-gaap_StraightLineRent (46,068,000)us-gaap_StraightLineRent (32,362,000)us-gaap_StraightLineRent
Amortization related to above (below) market leases, net 739,000us-gaap_AmortizationOfAboveAndBelowMarketLeases 460,000us-gaap_AmortizationOfAboveAndBelowMarketLeases 165,000us-gaap_AmortizationOfAboveAndBelowMarketLeases
Loss (gain) on sales of properties, net (153,522,000)hcn_GainLossOnDisposalAndDiscontinuedRealEstateProperties (49,138,000)hcn_GainLossOnDisposalAndDiscontinuedRealEstateProperties (100,549,000)hcn_GainLossOnDisposalAndDiscontinuedRealEstateProperties
Distributions by unconsolidated entities operating 9,060,000us-gaap_EquityMethodInvestmentDividendsOrDistributions 8,885,000us-gaap_EquityMethodInvestmentDividendsOrDistributions 17,607,000us-gaap_EquityMethodInvestmentDividendsOrDistributions
Increase (decrease) in accrued expenses and other liabilities (48,381,000)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities 67,557,000us-gaap_IncreaseDecreaseInOtherOperatingLiabilities 38,213,000us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
Decrease (increase) in receivables and other assets (25,639,000)us-gaap_IncreaseDecreaseInOtherOperatingAssets (47,571,000)us-gaap_IncreaseDecreaseInOtherOperatingAssets (18,285,000)us-gaap_IncreaseDecreaseInOtherOperatingAssets
Net cash provided from (used in) operating activities 1,138,670,000us-gaap_NetCashProvidedByUsedInOperatingActivities 988,497,000us-gaap_NetCashProvidedByUsedInOperatingActivities 818,133,000us-gaap_NetCashProvidedByUsedInOperatingActivities
Investing activities      
Cash disbursed for acquisitions (2,210,600,000)us-gaap_PaymentsToAcquireAndDevelopRealEstate (3,597,955,000)us-gaap_PaymentsToAcquireAndDevelopRealEstate (2,923,251,000)us-gaap_PaymentsToAcquireAndDevelopRealEstate
Cash disbursed for capital improvements to existing properties (132,780,000)us-gaap_PaymentsForCapitalImprovements (135,832,000)us-gaap_PaymentsForCapitalImprovements (135,450,000)us-gaap_PaymentsForCapitalImprovements
Cash disbursed for construction in progress (197,881,000)us-gaap_PaymentsForConstructionInProcess (247,560,000)us-gaap_PaymentsForConstructionInProcess (286,410,000)us-gaap_PaymentsForConstructionInProcess
Capitalized interest (7,150,000)us-gaap_InterestCostsCapitalized (6,700,000)us-gaap_InterestCostsCapitalized (9,777,000)us-gaap_InterestCostsCapitalized
Investment in real estate loans receivable (202,207,000)us-gaap_PaymentsToAcquireLoansReceivable (117,059,000)us-gaap_PaymentsToAcquireLoansReceivable (665,094,000)us-gaap_PaymentsToAcquireLoansReceivable
Other investments, net of payments (100,033,000)us-gaap_PaymentsForProceedsFromInvestments (15,634,000)us-gaap_PaymentsForProceedsFromInvestments 25,425,000us-gaap_PaymentsForProceedsFromInvestments
Principal collected on real estate loans receivable 105,496,000us-gaap_ProceedsFromCollectionOfLoansReceivable 102,886,000us-gaap_ProceedsFromCollectionOfLoansReceivable 35,020,000us-gaap_ProceedsFromCollectionOfLoansReceivable
Contributions to unconsolidated entities (353,496,000)us-gaap_PaymentsToAcquireInterestInJointVenture (99,769,000)us-gaap_PaymentsToAcquireInterestInJointVenture (227,735,000)us-gaap_PaymentsToAcquireInterestInJointVenture
Distributions by unconsolidated entities investing 57,183,000us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital 30,853,000us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital 13,136,000us-gaap_ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
Proceeds from (payments on) derivatives investing 10,269,000us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities (6,803,000)us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities 6,652,000us-gaap_PaymentsForProceedsFromDerivativeInstrumentInvestingActivities
Decrease (increase) in restricted cash (6,072,000)us-gaap_IncreaseDecreaseInRestrictedCash 79,957,000us-gaap_IncreaseDecreaseInRestrictedCash (35,766,000)us-gaap_IncreaseDecreaseInRestrictedCash
Proceeds from sales of real property 911,065,000us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 482,023,000us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 610,271,000us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment
Net cash provided from (used in) investing activities (2,126,206,000)us-gaap_NetCashProvidedByUsedInInvestingActivities (3,531,593,000)us-gaap_NetCashProvidedByUsedInInvestingActivities (3,592,979,000)us-gaap_NetCashProvidedByUsedInInvestingActivities
Financing activities      
Net increase (decrease) under unsecured lines of credit arrangements (130,000,000)us-gaap_ProceedsFromRepaymentsOfLinesOfCredit 130,000,000us-gaap_ProceedsFromRepaymentsOfLinesOfCredit (610,000,000)us-gaap_ProceedsFromRepaymentsOfLinesOfCredit
Proceeds from issuance of senior unsecured notes 773,992,000us-gaap_ProceedsFromIssuanceOfUnsecuredDebt 1,756,192,000us-gaap_ProceedsFromIssuanceOfUnsecuredDebt 2,025,708,000us-gaap_ProceedsFromIssuanceOfUnsecuredDebt
Payments to extinguish senior unsecured notes (365,188,000)us-gaap_RepaymentsOfUnsecuredDebt (517,625,000)us-gaap_RepaymentsOfUnsecuredDebt (370,524,000)us-gaap_RepaymentsOfUnsecuredDebt
Secured debt issued 109,503,000us-gaap_ProceedsFromIssuanceOfSecuredDebt 89,208,000us-gaap_ProceedsFromIssuanceOfSecuredDebt 157,418,000us-gaap_ProceedsFromIssuanceOfSecuredDebt
Payments on secured debt (341,839,000)us-gaap_RepaymentsOfSecuredDebt (674,103,000)us-gaap_RepaymentsOfSecuredDebt (406,210,000)us-gaap_RepaymentsOfSecuredDebt
Net proceeds from the issuance of common stock 2,343,868,000us-gaap_ProceedsFromIssuanceOfCommonStock 1,854,637,000us-gaap_ProceedsFromIssuanceOfCommonStock 3,581,292,000us-gaap_ProceedsFromIssuanceOfCommonStock
Net proceeds from issuance of preferred stock 0us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock 0us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock 277,687,000us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
Redemption of preferred stock 0us-gaap_PaymentsForRepurchaseOfPreferredStockAndPreferenceStock 0us-gaap_PaymentsForRepurchaseOfPreferredStockAndPreferenceStock (275,000,000)us-gaap_PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
Decrease (increase) in deferred loan expenses (16,782,000)us-gaap_PaymentsOfFinancingCosts (13,503,000)us-gaap_PaymentsOfFinancingCosts (7,152,000)us-gaap_PaymentsOfFinancingCosts
Contributions by noncontrolling interests 9,962,000us-gaap_ProceedsFromMinorityShareholders [1] 5,072,000us-gaap_ProceedsFromMinorityShareholders [1] 24,115,000us-gaap_ProceedsFromMinorityShareholders [1]
Distributions to noncontrolling interests (43,691,000)us-gaap_PaymentsToMinorityShareholders [1] (35,592,000)us-gaap_PaymentsToMinorityShareholders [1] (29,353,000)us-gaap_PaymentsToMinorityShareholders [1]
Acquisitions of non controlling interests (1,175,000)us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates (23,247,000)us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates 0us-gaap_PaymentsToAcquireInterestInSubsidiariesAndAffiliates
Cash distributions to stockholders (1,035,069,000)hcn_CashDistributionsToStockholders (906,275,000)hcn_CashDistributionsToStockholders (722,450,000)hcn_CashDistributionsToStockholders
Other financing activities (409,000)us-gaap_ProceedsFromPaymentsForOtherFinancingActivities 2,906,000us-gaap_ProceedsFromPaymentsForOtherFinancingActivities (403,000)us-gaap_ProceedsFromPaymentsForOtherFinancingActivities
Net cash provided from (used in) financing activities 1,303,172,000us-gaap_NetCashProvidedByUsedInFinancingActivities 1,667,670,000us-gaap_NetCashProvidedByUsedInFinancingActivities 3,645,128,000us-gaap_NetCashProvidedByUsedInFinancingActivities
Effect of foreign currency translation on cash and cash equivalents (690,000)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 442,000us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 0us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Increase (decrease) in cash and cash equivalents 314,946,000us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (874,984,000)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 870,282,000us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at beginning of period 158,780,000us-gaap_CashAndCashEquivalentsAtCarryingValue 1,033,764,000us-gaap_CashAndCashEquivalentsAtCarryingValue 163,482,000us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of period 473,726,000us-gaap_CashAndCashEquivalentsAtCarryingValue 158,780,000us-gaap_CashAndCashEquivalentsAtCarryingValue 1,033,764,000us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental cash flow information:      
Interest paid 504,165,000us-gaap_InterestPaid 447,108,000us-gaap_InterestPaid 369,511,000us-gaap_InterestPaid
Income taxes paid $ 18,548,000us-gaap_IncomeTaxesPaid $ 12,110,000us-gaap_IncomeTaxesPaid $ 3,071,000us-gaap_IncomeTaxesPaid
[1]

Includes amounts attributable to redeemable noncontrolling interests.

See accompanying notes.