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Real Property Acquisitions and Development (Details 1) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Triple Net [Member]    
Estimated Fair Value of Allocated Purchase Price of Asset and Liabilities    
Land and land improvements $ 30,440 $ 18,901
Buildings and improvements 188,569 160,209
Acquired lease intangibles 0 2,876
Total assets acquired 219,009 181,986
Accrued expenses and other liabilities (20,855) (1,459)
Total liabilities assumed (20,855) (1,459)
Noncontrolling interests (7,284) 0
Non-cash acquisition related activity [1] (54,989) (37,703)
Cash disbursed for acquisitions 135,881 142,824
Construction in progress additions 76,245 85,687
Less: Capitalized Interest (3,215) (3,771)
Less: Foreign currency translation (3,044) (2,712)
Cash disbursed for construction in progress 69,986 79,204
Capital improvements to existing properties 15,269 14,877
Total cash invested in real property 221,136 236,905
Non Cash Acquisition Financed As Real Estate Loan Receivable 54,989 31,014
Non cash acquisition financed as equity investments   6,630
Senior housing - operating [Member]    
Estimated Fair Value of Allocated Purchase Price of Asset and Liabilities    
Land and land improvements 10,590 5,617
Buildings and improvements 69,056 128,200
Acquired lease intangibles 3,596 6,334
Receivables and other assets 296 894
Total assets acquired [2] 83,538 141,045
Accrued expenses and other liabilities (8,606) (4,853)
Total liabilities assumed (8,606) (4,853)
Noncontrolling interests (647) (549)
Non-cash acquisition related activity [3] (31,546) (7,659)
Cash disbursed for acquisitions 42,739 127,984
Construction in progress additions 42,787 134,019
Less: Capitalized Interest (3,804) (2,011)
Less: Foreign currency translation 3,060 (5,344)
Cash disbursed for construction in progress 42,043 126,664
Capital improvements to existing properties 60,129 47,553
Total cash invested in real property 144,911 302,201
Cash Acquired from Acquisition 400 134
Non Cash Acquisition Financed As Real Estate Loan Receivable 6,349  
Non cash acquisition financed as equity investments 25,197 7,659
Outpatient Medical [Member]    
Estimated Fair Value of Allocated Purchase Price of Asset and Liabilities    
Land and land improvements 25,060 0
Buildings and improvements 62,038 32,650
Acquired lease intangibles 8,397 0
Receivables and other assets 118 0
Total assets acquired 95,613 32,650
Secured debt (25,824) 0
Accrued expenses and other liabilities (2,210) (990)
Total liabilities assumed (28,034) (990)
Noncontrolling interests (9,080) 0
Non-cash acquisition related activity [4] 0 (15,013)
Cash disbursed for acquisitions 58,499 16,647
Construction in progress additions 31,830 50,896
Less: Capitalized Interest (1,343) (1,561)
Less: Accruals [5] 6,530 (5,336)
Cash disbursed for construction in progress 37,017 43,999
Capital improvements to existing properties 17,409 25,099
Total cash invested in real property $ 112,925 $ 85,745
[1]
For the six months ended June 30, 2017, $54,989,000 is related to the acquisition of assets previously financed as real estate loans receivable. For the six months ended June 30, 2016, $31,014,000 is related to the acquisition of assets previously financed as real estate loans receivable and $6,630,000 is related to the acquisition of assets previously financed as an investment in an unconsolidated entity.
[2]
Excludes $400,000 and $134,000 of cash acquired during the six months ended June 30, 2017 and 2016, respectively.
[3]
Includes $6,349,000 related to the acquisition of assets previously financed as real estate loans receivable during the six months ended June 30, 2017. Includes $25,197,000 and $7,659,000 for the six months ended June 30, 2017 and 2016 related to the acquisition of assets previously financed as an investments in an unconsolidated entity.
[4]
Represents the acquisition of assets previously financed as real estate loans receivable. Please refer to Note 6 for additional information.
[5]
Represents the change in non-cash consideration accruals for amounts to be paid in periods other than the period in which the construction projects converted to operations.