XML 49 R34.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Debt (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2016
Debt |
Summary of senior notes issuances (dollars in thousands) | The following table summarizes the Company’s senior unsecured notes issuances for the periods presented (dollars in thousands):
|  | Issuance |  |  |  |  |  |  |
Period |  | Amount |  | Coupon Rate |  | Maturity Date |  | Net Proceeds
Year ended December 31, 2015: |  |  |  |  |  |  |  |  |
January 21, 2015 |  | $ | 600,000 |  |  | 3.400 | % |  | 2025 |  | $ | 591,000
May 20, 2015 |  | $ | 750,000 |  |  | 4.000 | % |  | 2025 |  | $ | 739,000
December 1, 2015 |  | $ | 600,000 |  |  | 4.000 | % |  | 2022 |  | $ | 594,000
Summary of senior unsecured notes payoffs (dollars in thousands) | The following table summarizes the Company’s senior unsecured notes payoffs for the periods presented (dollars in thousands):
Period |  | Amount |  | Coupon Rate |
Nine months ended September 30, 2016: |  |  |  |  |  |  |
February 1, 2016 |  | $ | 500,000 |  |  | 3.750 | %
September 15, 2016 |  | $ | 400,000 |  |  | 6.300 | %
Year ended December 31, 2015: |  |  |  |
March 1, 2015 |  | $ | 200,000 |  |  | 6.000 | %
June 8, 2015 |  | $ | 200,000 |  |  | 7.072 | %
Summary of stated debt maturities and scheduled principal repayments (in thousands) | The following table summarizes the Company’s stated debt maturities and scheduled principal repayments at September 30, 2016 (in thousands):
|  |  |  |  |  |  |  | Senior |  |  |  |  |  |  |
|  | Bank Line of |  |  |  |  | Unsecured |  | Mortgage |  |  |  |
Year |  | Credit(1) |  | Term Loans(2) |  | Notes(3) |  | Debt(4) |  | Total(5) |
2016 (three months) |  | $ | — |  | $ | — |  | $ | — |  | $ | 30,626 |  | $ | 30,626 |
2017 |  |  | — |  |  | 177,867 |  |  | 750,000 |  |  | 583,541 |  |  | 1,511,408 |
2018 |  |  | 1,372,032 |  |  | — |  |  | 600,000 |  |  | 8,290 |  |  | 1,980,322 |
2019 |  |  | — |  |  | 285,626 |  |  | 450,000 |  |  | 3,839 |  |  | 739,465 |
2020 |  |  | — |  |  | — |  |  | 800,000 |  |  | 3,907 |  |  | 803,907 |
Thereafter |  |  | — |  |  | — |  |  | 5,700,000 |  |  | 127,758 |  |  | 5,827,758 |
|  |  | 1,372,032 |  |  | 463,493 |  |  | 8,300,000 |  |  | 757,961 |  |  | 10,893,486 |
(Discounts), premiums and debt costs, net |  |  | — |  |  | (1,312) |  |  | (70,269) |  |  | 4,754 |  |  | (66,827) |
|  | $ | 1,372,032 |  | $ | 462,181 |  | $ | 8,229,731 |  | $ | 762,715 |  | $ | 10,826,659 |
| (1) |  | Includes £275 million ($357 million) translated into U.S. dollars (“USD”).
| (2) |  | Represents £357 million translated into USD.
| (3) |  | Effective interest rates on senior unsecured notes ranged from 2.79% to 6.88% with a weighted average effective interest rate of 4.63% and a weighted average maturity of six years.
| (4) |  | Effective interest rates on the mortgage debt ranged from 3.05% to 8.20% with a weighted average effective interest rate of 5.79% and a weighted average maturity of five years.
| (5) |  | Excludes $94 million of other debt that represents Life Care Bonds and Demand Notes (each as defined below) that have no scheduled maturities.

X
- Definition Tabular disclosure of information pertaining to senior notes issuance. + References No definition available. + Details
Name: | hcp_SummaryOfSeniorNotesIssuancesTableTextBlock
Namespace Prefix: | hcp_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to payoffs of short-term and long-debt instruments or arrangements. + References No definition available. + Details
Name: | hcp_SummaryOfSeniorNotesPayoffsTableTextBlock
Namespace Prefix: | hcp_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
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 -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -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