XML 111 R97.htm IDEA: XBRL DOCUMENT
v3.20.4

Debt - Bank Line of Credit and Term Loans (Details) |  | 12 Months Ended |  |
--- | --- | --- | --- | ---
May 23, 2019 USD ($) renewal_option | Dec. 31, 2020 USD ($) | Dec. 31, 2019 | May 31, 2019 USD ($)
Debt Instrument [Line Items] |  |  |  |
Weighted-average interest rate (as a percent) |  | 0.30% | 2.04% |
Line of Credit and Term Loan |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Debt instrument, covenant debt to assets (as a percent) |  | 60.00% |  |
Debt instrument, covenant secured debt to assets (as a percent) |  | 40.00% |  |
Debt instrument, covenant unsecured debt to unencumbered assets (as a percent) |  | 60.00% |  |
Debt instrument, covenant minimum fixed charge coverage ratio |  | 1.5 |  |
Debt instrument, covenant net worth |  | $ 7,000,000,000.0 |  |
Revolving Credit Facility | Bank Line of Credit |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Line of credit facility, maximum borrowing capacity | $ 2,500,000,000 |  |  |
Number of extensions (in renewal options) | renewal_option | 2 |  |  |
Length of debt instrument extension period | 6 months |  |  |
Debt instrument, facility fee (as a percent) |  | 0.15% |  |
Line of credit facility additional aggregate amount, maximum |  | $ 750,000,000 |  |
Revolving Credit Facility | Bank Line of Credit | LIBOR |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Loan, basis spread on variable rate |  | 0.83% |  |
2019 Term Loan | Bank Line of Credit |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Face amount |  |  |  | $ 250,000,000
Weighted-average interest rate (as a percent) |  | 1.14% |  |
2019 Term Loan | Bank Line of Credit | LIBOR |  |  |  |
Debt Instrument [Line Items] |  |  |  |
Loan, basis spread on variable rate |  | 0.90% |  |

X
- Definition The limit of the ratio of Consolidated Total Indebtedness to Consolidated Total Asset Value contained in the debt covenants. + References No definition available. + Details
Name: | peak_DebtInstrumentCovenantDebtToAssets
Namespace Prefix: | peak_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The required minimum Fixed Charge Coverage ratio contained in the debt covenants. + References No definition available. + Details
Name: | peak_DebtInstrumentCovenantFixedChargeRatioMinimum
Namespace Prefix: | peak_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | instant

X
- Definition The required Minimum Consolidated Tangible Net Worth contained in the debt covenants. + References No definition available. + Details
Name: | peak_DebtInstrumentCovenantNetWorth
Namespace Prefix: | peak_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The limit of the ratio of Secured Debt to Consolidated Total Asset Value contained in the debt covenants. + References No definition available. + Details
Name: | peak_DebtInstrumentCovenantSecuredDebtToAssets
Namespace Prefix: | peak_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The limit of the ratio of Unsecured Debt to Consolidated Unencumbered Asset Value contained in the debt covenants. + References No definition available. + Details
Name: | peak_DebtInstrumentCovenantUnsecuredDebtToUnencumberedAssets
Namespace Prefix: | peak_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Debt Instrument, Number of Extensions + References No definition available. + Details
Name: | peak_DebtInstrumentNumberofExtensions
Namespace Prefix: | peak_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Represents the length of the debt instrument extension period. + References No definition available. + Details
Name: | peak_DebtInstrumentPeriodOfExtension
Namespace Prefix: | peak_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition This element represents the maximum additional borrowing capacity available under the credit facility, subject to customary conditions. + References No definition available. + Details
Name: | peak_LineOfCreditFacilityAdditionalAvailableBorrowingCapacityMaximum
Namespace Prefix: | peak_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Face (par) amount of debt instrument at time of issuance. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28551-108399 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 + Details
Name: | us-gaap_DebtInstrumentFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

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

X
- Definition Weighted average interest rate of debt outstanding. + References No definition available. + Details
Name: | us-gaap_DebtWeightedAverageInterestRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The fee, expressed as a percentage of the line of credit facility, for the line of credit facility regardless of whether the facility has been used. + References No definition available. + Details
Name: | us-gaap_LineOfCreditFacilityCommitmentFeePercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_DebtInstrumentAxis=peak_LineOfCreditAndTermLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=us-gaap_RevolvingCreditFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_LineOfCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_LondonInterbankOfferedRateLIBORMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=peak_A2019TermLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |