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Net Investment in Direct Financing Leases (Tables) | 12 Months Ended
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Dec. 31, 2015
Loans Receivable: |
Schedule of components of net investment in DFLs (dollars in thousands) | The components of net investment in DFLs consisted of the following (dollars in thousands):
|  | December 31, |
|  | 2015 |  | 2014 |
Minimum lease payments receivable |  | $ | 26,283,392 |  | $ | 24,182,525 |
Estimated residual values |  |  | 3,900,679 |  |  | 4,126,426 |
Less unearned income |  |  | (23,462,022) |  |  | (21,028,617) |
Net investment in direct financing leases before allowance |  |  | 6,722,049 |  |  | 7,280,334 |
Allowance for DFL losses |  |  | (817,040) |  |  | — |
Net investment in direct financing leases |  | $ | 5,905,009 |  | $ | 7,280,334 |
Properties subject to direct financing leases |  |  | 348 |  |  | 363 |
Schedule of Components of Direct Financing Leases Income and Equity Income |
|  | Year Ended
|  | December 31,
|  | 2015 |  | 2014 |  | 2013
Cash income |  | $ | 482,770 |  | $ | 519,280 |  | $ | 502,354
DFL accretion, net |  |  | 90,065 |  |  | 79,349 |  |  | 82,688
Total DFL income from HCRMC |  | $ | 572,835 |  | $ | 598,629 |  | $ | 585,042
DFL accretion income recharacterized to equity income |  | $ | 58,047 |  | $ | 62,445 |  | $ | 62,061
Equity loss from HCRMC |  |  | (7,324) |  |  | (9,270) |  |  | (6,460)
Total equity income from HCRMC |  | $ | 50,723 |  | $ | 53,175 |  | $ | 55,601
DFL |
Loans Receivable: |
Summary of the Company's internal ratings for DFLs (dollars in thousands) | The following table summarizes the Company’s internal ratings for net investment in DFLs at December 31, 2015 (dollars in thousands):
|  | Carrying |  | Percentage of |  | Internal Ratings |
Investment Type |  | Amount |  | DFL Portfolio |  | Performing DFLs |  | Watch List DFLs |  | Workout DFLs |
Senior housing |  | $ | 1,788,764 |  | 30 |  | $ | 261,261 |  | $ | 1,527,503 |  | $ | — |
Post-acute/skilled nursing |  |  | 3,992,354 |  | 68 |  |  | — |  |  | 3,992,354 |  |  | — |
Hospital |  |  | 123,891 |  | 2 |  |  | 123,891 |  |  | — |  |  | — |
|  | $ | 5,905,009 |  | 100 |  | $ | 385,152 |  | $ | 5,519,857 |  | $ | — |
Future minimum lease payments contractually due under DFLs | Future minimum lease payments contractually due under DFLs at December 31, 2015, were as follow (in thousands):
Year |  | Amount |
2016 |  | $ | 552,985 |
2017 |  |  | 545,307 |
2018 |  |  | 559,979 |
2019 |  |  | 576,206 |
2020 |  |  | 586,229 |
Thereafter |  |  | 23,462,686 |
|  | $ | 26,283,392 |

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- Definition Tabular disclosure of the components of the net amount due as of the balance sheet date consisting of: (a) minimum lease payments due on direct financing and sales-type leases, (b) unguaranteed residual value, and (c) any unamortized initial direct costs on direct financing leases; less: (i) executory costs, (ii) unearned income, and (iii) the accumulated allowance for uncollectible minimum lease payments. + References No definition available. + Details
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
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- Definition Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 55 -Paragraph 19 -URI http://asc.fasb.org/extlink&oid=32702940&loc=SL6953803-111525 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=49124121&loc=SL6953659-111524 + Details
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- Definition Tabular disclosure of the annual minimum payments due from financing receivables, such as, but not limited to accounts, notes, loans, and other financing receivables. + References No definition available. + Details
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