Debt Debt (Tables)

12 Months Ended

Dec. 31, 2018

Schedule of Debt [Abstract]

Convertible Debt [Table Text Block]

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

	December 31, 2017			Cash Paid			Amortization		December 31, 2018
Face Amount	$	147,575		$	(27,575	)	$	—	$	120,000
Discount	(2,637		)	$	458		$	788	(1,391		)
Issuance Costs	(1,752		)	$	297		$	545	(910		)
Carrying Value	$	143,186							$	117,699

Schedule of Long-term Debt Instruments [Table Text Block]

Debt consists of the following (in thousands):

	December 31, 2018			December 31, 2017
Revolving credit facility - unsecured	$	84,000		$	221,000
Bank term loans - unsecured	550,000			250,000
Private placement term loans - unsecured	400,000			400,000
HUD mortgage loans (net of discount of $1,320 and $1,402)	42,906			43,645
Fannie Mae term loans - secured, non-recourse	96,044			96,367
Convertible senior notes - unsecured (net of discount of $1,391 and $2,637)	118,609			144,938
Unamortized loan costs	(9,884		)	(10,453		)
	$	1,281,675		$	1,145,497

Schedule of Maturities of Long-term Debt [Table Text Block]

Aggregate principal maturities of debt as of December 31, 2018 for each of the next five years and thereafter are as follows (in thousands):

Twelve months ended December 31,
2019	$	1,187
2020	1,230
2021	121,279
2022	335,328
2023	476,379
Thereafter	358,867
	1,294,270
Less: discounts	(2,711		)
Less: unamortized loan costs	(9,884		)
	$	1,281,675

Schedule of Unsecured Term Loans [Table Text Block]

Our unsecured private placement term loans, payable interest-only, are 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 [Table Text Block]

The following table summarizes interest expense (in thousands):

	Year Ended December 31,
	2018			2017			2016
Interest expense on debt at contractual rates	$	45,789		$	40,385		$	36,197
Losses reclassified from accumulated other
comprehensive income (loss) into interest expense	164			2,627			3,928
Ineffective portion of cash flow hedges	—			(353		)	18
Capitalized interest	(212		)	(510		)	(549		)
Charges taken on amending bank credit facility	—			583			—
Amortization of debt issuance costs and debt discount	3,314			3,592			3,514
Total interest expense	$	49,055		$	46,324		$	43,108

Schedule of Interest Rate Derivatives [Table Text Block]

As of December 31, 2018, we employ the following interest rate swap contracts to mitigate our interest rate risk on the $250,000,000 term loan (dollars in thousands):

Date Entered	Maturity Date	Fixed Rate	Rate Index	Notional Amount		Fair Value
May 2012	April 2019	2.84%	1-month LIBOR	$	40,000	$	130
June 2013	June 2020	3.41%	1-month LIBOR	$	80,000	$	480
March 2014	June 2020	3.46%	1-month LIBOR	$	130,000	$	687