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Brookdale Lease Amendments and Terminations and the Formation of Two RIDEA Joint Ventures (“Brookdale Transaction”) (Tables) | 12 Months Ended
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Dec. 31, 2014
Lease Amendments And Terminations And Joint Venture Formations Abstract |
Summary of quantitative information about fair value measurements for NNN Lease Restructuring and RIDEA Subsidiaries transactions (dollars in thousands) |
|  | Fair Value |  | Valuation Technique(s) |  | Valuation Inputs |  | Input Average or Range |
NNN Lease Restructuring |  |  |  |  |  |  |  |  |  |
Rental payment concessions by HCP |  | $ | 76,000 |  | Discounted Cash Flow |  | NNN Rent Coverage Ratio |  | 1.20x |
(benefiting Brookdale) |  |  |  |  |  |  | NNN Rent Growth Rate |  | 3.0% |
|  |  |  |  |  |  | Discount Rate |  | 8.00%-8.50% |
Forfeited purchase options by |  | $ | (129,000) |  | Discounted Cash Flow |  | Capitalization Rates |  | 7.50%-9.25% |
Brookdale (benefiting HCP) |  |  |  |  |  |  | Discount Rate |  | 10.50%-11.00% |
|  |  |  |  |  |  | Exercise Probability |  | 100.00% |
RIDEA Subsidiaries |  |  |  |  |  |  |  |  |  |
Forfeited rental payments by HCP |  | $ | 131,000 |  | Discounted Cash Flow |  | NNN Rent Coverage Ratio |  | 1.20x |
(benefiting Brookdale) |  |  |  |  |  |  | NNN Rent Growth Rate |  | 3.0% |
|  |  |  |  |  |  | EBITDAR Growth Rate |  | 5.5% |
|  |  |  |  |  |  | Discount Rate |  | 8.00%-11.00% |
Forfeited purchase options by |  | $ | (23,000) |  | Discounted Cash Flow |  | Capitalization Rates |  | 7.50%-9.25% |
Brookdale (benefiting HCP) |  |  |  |  |  |  | Discount Rate |  | 10.50%-11.00% |
|  |  |  |  |  |  | Exercise Probability |  | 100.00% |

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- Definition " Tabular disclosure of quantitative information about the inputs used in the fair value measurement of transaction components. This disclosure may include, but is not limited to, the fair value of the financial component, valuation technique used to measure fair value, the inputs used to measure fair value, the ranges of the inputs, and the weighted averages of the inputs." + References No definition available. + Details
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- Details
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