v2.4.0.6

Borrowing Arrangements (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2011
Borrowing Arrangements |
Summary of senior notes payable and other debt |
|  | 2011 |  | 2010 |
--- | --- | --- | --- | --- | ---
|  | (In thousands) |
Unsecured revolving credit facilities |  | $ | 455,578 |  | $ | 40,000 |
37/8% Convertible Senior Notes due 2011 |  |  | — |  |  | 230,000 |
9% Senior Notes due 2012 |  |  | 82,433 |  |  | 82,433 |
81/4% Senior Notes due 2012 |  |  | 72,950 |  |  | — |
Unsecured term loan due 2013 |  |  | 200,000 |  |  | 200,000 |
6.25% Senior Notes due 2013 |  |  | 269,850 |  |  | — |
Unsecured term loan due 2015(1) |  |  | 126,875 |  |  | — |
3.125% Senior Notes due 2015 |  |  | 400,000 |  |  | 400,000 |
6% Senior Notes due 2015 |  |  | 234,420 |  |  | — |
61/2% Senior Notes due 2016 |  |  | 200,000 |  |  | 400,000 |
Unsecured term loan due 2017(1) |  |  | 375,000 |  |  | — |
63/4% Senior Notes due 2017 |  |  | 225,000 |  |  | 225,000 |
4.750% Senior Notes due 2021 |  |  | 700,000 |  |  | — |
6.90% Senior Notes due 2037 |  |  | 52,400 |  |  | — |
6.59% Senior Notes due 2038 |  |  | 22,973 |  |  | — |
Mortgage loans and other(2) |  |  | 2,762,964 |  |  | 1,349,521 |
Total |  |  | 6,180,443 |  |  | 2,926,954 |
Capital lease obligations |  |  | 143,006 |  |  | — |
Unamortized fair value adjustment |  |  | 144,923 |  |  | 11,790 |
Unamortized commission fees and discounts |  |  | (39,256 | ) |  | (38,700 | )
Senior notes payable and other debt |  | $ | 6,429,116 |  | $ | 2,900,044 |
(1) The aggregate amounts presented above represent the $500.0 million of borrowings oustanding under our unsecured term loan facility. Certain amounts included in the 2015 tranche represent Canadian dollar borrowings. (2) The amounts presented above exclude debt related to real estate assets classified as held for sale as of December 31, 2011. The total mortgage debt for these properties as of December 31, 2011 was $14.6 million, and is included in accounts payable and other liabilities on the Consolidated Balance Sheet.
Scheduled maturities of borrowing arrangements and other provisions excluding capital lease obligations |
|  | Principal Amount Due at Maturity |  | Unsecured Revolving Credit Facility(1) |  | Scheduled Periodic Amortization |  | Total Maturities |
--- | --- | --- | --- | --- | --- | --- | --- | --- | ---
|  | (In thousands) |
2012(2) |  | $ | 267,044 |  | $ | — |  | $ | 52,273 |  | $ | 319,317 |
2013 |  |  | 921,890 |  |  | — |  |  | 46,455 |  |  | 968,345 |
2014 |  |  | 237,648 |  |  | — |  |  | 41,993 |  |  | 279,641 |
2015 |  |  | 985,647 |  |  | 455,578 |  |  | 34,163 |  |  | 1,475,388 |
2016 |  |  | 544,370 |  |  | — |  |  | 27,689 |  |  | 572,059 |
Thereafter(2)(3) |  |  | 2,395,088 |  |  | — |  |  | 170,605 |  |  | 2,565,693 |
Total maturities |  | $ | 5,351,687 |  | $ | 455,578 |  | $ | 373,178 |  | $ | 6,180,443 |
(1) At December 31, 2011, we had $45.8 million of unrestricted cash and cash equivalents, for $409.8 million of net borrowings outstanding under our unsecured revolving credit facility. (2) The amounts presented above exclude debt related to real estate assets classified as held for sale as of December 31, 2011. The total mortgage debt for these properties as of December 31, 2011 was $14.6 million and is scheduled to mature as follows: $5.7 million in 2012 and $8.9 million thereafter. (3) Includes $52.4 million aggregate principal amount of NHP LLC's 6.90% senior notes due 2037, which are subject to repurchase, at the option of the holders, on October 1 of each of 2012, 2017 and 2027, and $23.0 million aggregate principal amount of NHP LLC's 6.59% senior notes due 2038, which are subject to repurchase, at the option of the holders, on July 7 of each of 2013, 2018, 2023 and 2028.
Future minimum lease payments required under the capital lease agreements |
Future minimum lease payments required under the capital lease agreements, including amounts that would be due under purchase options, as of December 31, 2011 are as follows (in thousands):
2012 |  | $ | 9,446 |
2013 |  |  | 9,573 |
2014 |  |  | 9,699 |
2015 |  |  | 9,826 |
2016 |  |  | 9,953 |
Thereafter |  |  | 162,600 |
Total minimum lease payments |  |  | 211,097 |
Less: Amount related to interest |  |  | (68,091 | )
|  | $ | 143,006 |

X
- Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of future minimum lease payments as of the date of the latest balance sheet presented, in aggregate and for each of the five years succeeding fiscal years, with separate deductions from the total for the amount representing executor costs, including any profit thereon, included in the minimum lease payments and for the amount of the imputed interest necessary to reduce the net minimum lease payments to present value. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Topic 840 -SubTopic 30 -Publisher FASB -Number -Article -Subparagraph (b) -Name Accounting Standards Codification -Paragraph 1 -Section 50 -URI http://asc.fasb.org/extlink&oid=6455398&loc=d3e45280-112737 + Details
Name: | us-gaap_ScheduleOfFutureMinimumLeasePaymentsForCapitalLeasesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Topic 470 -SubTopic 10 -Publisher FASB -Number -Article -Subparagraph -Name Accounting Standards Codification -Paragraph 1 -Section 50 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration