Fair Value of Financial instruments (Tables)

12 Months Ended

Dec. 31, 2015

Fair Value, Assets Measured on Recurring Basis [Abstract]

Fair Value, Assets Measured on Recurring Basis

Assets and liabilities measured at fair value on a recurring basis are as follows (in thousands):

		Fair Value Measurement
	Balance Sheet Classification	December 31, 2015		December 31, 2014
Level 1
Common stock of other healthcare REITs	Marketable securities	$	55,815	$	15,503
Debt securities	Marketable securities	$	16,929	$	—
Level 2
Interest rate swap liability	Accrued expenses	$	6,730	$	5,193

Fair Value Measurements, Nonrecurring

Carrying values and fair values of financial instruments that are not carried at fair value at December 31, 2015 and 2014 in the Consolidated Balance Sheets are as follows (in thousands):

	Carrying Amount				Fair Value Measurement
	2015		2014		2015		2014
Level 2
Variable rate debt	$	284,000	$	624,000	$	284,000	$	624,000
Fixed rate debt	$	642,257	$	238,726	$	641,066	$	254,150
Level 3
Mortgage and other notes receivable	$	135,031	$	63,630	$	141,408	$	72,435