Debt (Tables)

6 Months Ended

Jun. 30, 2018

Debt Instruments [Abstract]

Convertible Debt [Table Text Block]

A roll-forward of our note balances, including the effect of period amortization, net of issuance costs, is presented below:

	December 31, 2017			Cash Paid			Amortization		June 30, 2018
Face Amount	$	147,575		$	(27,575	)	$	—	$	120,000
Discount	(2,637		)	$	458		$	408	(1,771		)
Issuance Costs	(1,752		)	$	297		$	285	(1,170		)
Carrying Value	$	143,186							$	117,059

Schedule of Debt

Debt consists of the following (in thousands):

	June 30, 2018			December 31, 2017
Convertible senior notes - unsecured (net of discount of $1,771 and $2,637)	$	118,229		$	144,938
Revolving credit facility - unsecured	327,000			221,000
Bank term loan - unsecured	250,000			250,000
Private placement term loans - unsecured	400,000			400,000
HUD mortgage loans (net of discount of $1,361 and $1,402)	43,279			43,645
Fannie Mae term loans - secured, non-recourse	96,206			96,367
Unamortized loan costs	(8,994		)	(10,453		)
	$	1,225,720		$	1,145,497

Schedule of Maturities of Long-term Debt

Aggregate principal maturities of debt as of June 30, 2018 for each of the next five years and thereafter are as follows (in thousands):

Twelve months ended June 30,
2018	$	1,166
2019	1,207
2020	1,256
2021	121,303
2022	703,353
Thereafter	409,561
	1,237,846
Less: discount	(3,132		)
Less: unamortized loan costs	(8,994		)
	$	1,225,720

Schedule of Unsecured Term Loans

is summarized below (in thousands):

Amount		Inception	Maturity	Fixed Rate
$	125,000	January 2015	January 2023	3.99%
50,000		November 2015	November 2023	3.99%
75,000		September 2016	September 2024	3.93%
50,000		November 2015	November 2025	4.33%
100,000		January 2015	January 2027	4.51%
$	400,000

Schedule of Interest Expense

The following table summarizes interest expense (in thousands):

	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2018			2017			2018			2017
Interest expense on debt at contractual rates	$	11,414		$	10,312		$	21,941		$	20,345
Losses reclassified from accumulated other
comprehensive income into interest expense	76			645			352			1,434
Capitalized interest	(47		)	(93		)	(71		)	(160		)
Amortization of debt issuance costs and debt discount	777			868			1,612			1,774
Total interest expense	$	12,220		$	11,732		$	23,834		$	23,393

Schedule of Interest Rate Derivatives

Date Entered	Maturity Date	Fixed Rate	Rate Index	Notional Amount		Fair Value
May 2012	April 2019	2.84%	1-month LIBOR	$	40,000	$	265
June 2013	June 2020	3.41%	1-month LIBOR	$	80,000	$	761
March 2014	June 2020	3.46%	1-month LIBOR	$	130,000	$	1,111