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Real Property Acquisitions and Development (Details 1) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Triple Net [Member]    
Estimated Fair Value of Allocated Purchase Price of Asset and Liabilities    
Land and land improvements $ 31,948 $ 21,713
Buildings and improvements 206,910 220,274
Acquired lease intangibles 0 2,876
Total assets acquired 238,858 244,863
Accrued expenses and other liabilities (21,236) (2,145)
Total liabilities assumed (21,236) (2,145)
Noncontrolling interests (7,275) (3,162)
Non-cash acquisition related activity [1] (54,901) (51,733)
Cash disbursed for acquisitions 155,446 187,823
Construction in progress additions 106,186 133,611
Less: Capitalized Interest (3,886) (6,263)
Less: Foreign currency translation (656) (3,179)
Cash disbursed for construction in progress 101,644 124,169
Capital improvements to existing properties 17,873 21,447
Total cash invested in real property 274,963 333,439
Non Cash Acquisition Financed As Real Estate Loan Receivable 54,901 45,044
Non cash acquisition financed as equity investments   6,689
Senior housing - operating [Member]    
Estimated Fair Value of Allocated Purchase Price of Asset and Liabilities    
Land and land improvements 31,006 122,649
Buildings and improvements 384,522 1,108,195
Acquired lease intangibles 48,197 90,771
Restricted cash 1,692 137
Receivables and other assets 3,164 2,179
Total assets acquired [2] 468,581 1,323,931
Secured debt 0 (49,381)
Accrued expenses and other liabilities (43,364) (12,328)
Total liabilities assumed (43,364) (61,709)
Noncontrolling interests (4,701) (1,089)
Non-cash acquisition related activity [3] (59,065) (17,477)
Cash disbursed for acquisitions 361,451 1,243,656
Construction in progress additions 65,282 139,160
Less: Capitalized Interest (5,996) (3,923)
Less: Foreign currency translation (6,218) (5,953)
Cash disbursed for construction in progress 53,068 129,284
Capital improvements to existing properties 110,372 84,444
Total cash invested in real property 524,891 1,457,384
Cash Acquired from Acquisition 4,581 135
Non Cash Acquisition Financed As Real Estate Loan Receivable 6,349  
Non cash acquisition financed as equity investments 51,097 17,477
Outpatient Medical [Member]    
Estimated Fair Value of Allocated Purchase Price of Asset and Liabilities    
Land and land improvements 25,060 1,466
Buildings and improvements 62,336 27,272
Acquired lease intangibles 8,397 4,592
Receivables and other assets 3 0
Total assets acquired 95,796 33,330
Secured debt (25,709) 0
Accrued expenses and other liabilities (2,210) (1,670)
Total liabilities assumed (27,919) (1,670)
Noncontrolling interests (9,080) 0
Non-cash acquisition related activity [4] 0 (15,013)
Cash disbursed for acquisitions 58,797 16,647
Construction in progress additions 33,495 81,843
Less: Capitalized Interest (1,847) (2,588)
Less: Accruals [5] 11,708 (7,336)
Cash disbursed for construction in progress 43,356 71,919
Capital improvements to existing properties 30,897 35,309
Total cash invested in real property $ 133,050 $ 123,875
[1]
For the nine months ended September 30, 2017, $54,901,000 is related to the acquisition of assets previously financed as real estate loans receivable. For the nine months ended September 30, 2016, $45,044,000 is related to the acquisition of assets previously financed as real estate loans receivable and $6,689,000 is related to the acquisition of assets previously financed as an investment in an unconsolidated entity.
[2]
Excludes $4,581,000 and $135,000 of cash acquired during the nine months ended September 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 nine months ended September 30, 2017. Includes $51,097,000 and $17,477,000 for the nine months ended September 30, 2017 and 2016, respectively, 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.
[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.