XML 94 R81.htm IDEA: XBRL DOCUMENT
v3.21.2

Variable Interest Entities - Narrative (Details) $ in Millions |  |  | 1 Months Ended | 3 Months Ended | 9 Months Ended | 12 Months Ended
--- | --- | --- | --- | --- | --- | ---
Dec. 31, 2020 USD ($) loan property joint_venture tenant investment | Jan. 31, 2020 property | Oct. 31, 2021 property | Sep. 30, 2021 joint_venture loan | Jun. 30, 2021 property | May 31, 2021 property | Apr. 30, 2021 property | Jan. 31, 2021 property | Sep. 30, 2021 property joint_venture | Sep. 30, 2020 property | Sep. 30, 2021 property joint_venture facility | Sep. 30, 2020 property | Dec. 31, 2020 USD ($) loan property joint_venture tenant
Variable Interest Entity [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Number of investments in senior housing development joint ventures | investment | 2 |  |  |  |  |  |  |  |  |  |  |  |
Number of loans sold |  |  |  | 1 |  |  |  |  |  |  | 5 |  | 3
Number of properties disposed |  |  |  |  |  |  |  |  |  |  |  | 18 |
Term of facility (in years) |  |  |  |  |  |  |  |  |  |  | 1 month |  | 1 month
Number of properties acquired |  |  |  |  |  |  |  |  |  |  | 0 |  |
Exchange accommodation titleholder, real estate, carrying value | $ | $ 813 |  |  |  |  |  |  |  |  |  |  |  | $ 813
Brookedale MTCA |  |  |  |  |  |  |  |  |  |  |  |  |
Variable Interest Entity [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Number of properties disposed |  | 18 |  |  |  |  |  |  |  |  |  |  | 18
CCRC JV |  |  |  |  |  |  |  |  |  |  |  |  |
Variable Interest Entity [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Investment ownership percentage | 49.00% | 49.00% |  |  |  | 49.00% |  |  |  |  |  |  | 49.00%
CCRC JV | Brookedale MTCA |  |  |  |  |  |  |  |  |  |  |  |  |
Variable Interest Entity [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Number of assets to be sold |  |  |  |  |  | 2 |  |  |  |  |  |  |
VIE tenant - operating leases |  |  |  |  |  |  |  |  |  |  |  |  |
Variable Interest Entity [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Number of properties leased (in properties) | 2 |  |  |  |  |  |  |  |  |  |  |  | 2
Number of VIE tenants (in tenants) | tenant | 1 |  |  |  |  |  |  |  |  |  |  |  | 1
Unconsolidated Variable Interest Entities |  |  |  |  |  |  |  |  |  |  |  |  |
Variable Interest Entity [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Number of unconsolidated joint ventures (in joint ventures) | joint_venture | 4 |  |  | 1 |  |  |  |  | 1 |  | 1 |  | 4
Number of VIE borrowers with marketable debt securities (in joint ventures) | joint_venture | 1 |  |  | 1 |  |  |  |  | 1 |  | 1 |  | 1
Number of properties leased (in properties) | 2 |  |  |  |  |  |  |  |  |  |  |  | 2
Number of loans to VIE borrowers (in loans) | loan | 1 |  |  |  |  |  |  |  |  |  |  |  | 1
Hcp Ventures V |  |  |  |  |  |  |  |  |  |  |  |  |
Variable Interest Entity [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
VIE ownership percentage |  |  |  |  |  |  |  |  |  |  | 51.00% |  |
Life science joint ventures |  |  |  |  |  |  |  |  |  |  |  |  |
Variable Interest Entity [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
VIE ownership percentage |  |  |  |  |  |  |  |  |  |  | 99.00% |  |
MSREI JV |  |  |  |  |  |  |  |  |  |  |  |  |
Variable Interest Entity [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
VIE ownership percentage |  |  |  |  |  |  |  |  |  |  | 51.00% |  |
Consolidated Lessees VIE |  |  |  |  |  |  |  |  |  |  |  |  |
Variable Interest Entity [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Number of properties leased (in properties) | 7 |  |  |  |  |  |  |  |  |  |  |  | 7
Number of assets to be sold |  |  |  |  |  |  |  |  |  |  | 7 |  |
DownREIT Partnerships |  |  |  |  |  |  |  |  |  |  |  |  |
Variable Interest Entity [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Number of controlling ownership interest entities as a managing member | joint_venture |  |  |  |  |  |  |  |  |  |  | 7 |  |
SHOP |  |  |  |  |  |  |  |  |  |  |  |  |
Variable Interest Entity [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Number of assets to be sold |  |  |  |  |  |  |  | 16 | 8 | 4 | 15 | 13 | 23
SHOP | Sunrise Senior Housing Portfolio |  |  |  |  |  |  |  |  |  |  |  |  |
Variable Interest Entity [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Number of assets to be sold |  |  |  |  | 2 |  |  | 32 |  |  |  |  |
SHOP | Discovery SHOP Portfolio |  |  |  |  |  |  |  |  |  |  |  |  |
Variable Interest Entity [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Number of assets to be sold |  |  |  |  |  |  | 10 |  |  |  |  |  |
Number of preferred equity method investments sold |  |  |  |  |  |  | 2 |  |  |  |  |  |
SHOP | Discovery SHOP Portfolio | Secured Loans |  |  |  |  |  |  |  |  |  |  |  |  |
Variable Interest Entity [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Number of loans sold |  |  |  |  |  |  | 2 |  |  |  |  |  |
Senior Housing Triple-Net |  |  |  |  |  |  |  |  |  |  |  |  |
Variable Interest Entity [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Number of assets to be sold |  |  |  |  |  |  |  |  | 4 |  | 7 | 18 |
Senior Housing Triple-Net | Sunrise Senior Housing Portfolio |  |  |  |  |  |  |  |  |  |  |  |  |
Variable Interest Entity [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Number of assets to be sold |  |  |  |  | 2 |  |  |  |  |  |  |  |
Senior Housing Triple-Net | Loans receivable |  |  |  |  |  |  |  |  |  |  |  |  |
Variable Interest Entity [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Number of properties disposed | facility |  |  |  |  |  |  |  |  |  |  | 7 |  |
Term of facility (in years) |  |  |  |  |  |  |  |  |  |  | 5 years |  |
Medical office |  |  |  |  |  |  |  |  |  |  |  |  |
Variable Interest Entity [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Number of assets to be sold |  |  |  |  |  |  |  |  | 3 | 4 | 7 | 7 | 11
Number of properties acquired |  |  |  |  |  |  |  |  |  |  |  |  | 7
Medical office | Subsequent Event |  |  |  |  |  |  |  |  |  |  |  |  |
Variable Interest Entity [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Number of properties acquired |  |  | 2 |  |  |  |  |  |  |  |  |  |
Medical Office, Hospital |  |  |  |  |  |  |  |  |  |  |  |  |
Variable Interest Entity [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Number of assets to be sold |  |  |  |  |  | 1 |  |  |  |  |  |  |
Number of properties acquired |  |  |  |  |  |  |  |  |  |  |  |  | 1
Life science |  |  |  |  |  |  |  |  |  |  |  |  |
Variable Interest Entity [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Number of properties acquired |  |  |  |  |  |  |  |  |  |  |  |  | 3

X
- Definition Represents the number of properties sold during the period, not categorized as discontinued operations. + References No definition available. + Details
Name: | peak_DispositionOfPropertiesSoldNumber
Namespace Prefix: | peak_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Exchange Accommodation Titleholder, Real Estate, Carrying Value + References No definition available. + Details
Name: | peak_ExchangeAccommodationTitleholderRealEstateCarryingValue
Namespace Prefix: | peak_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Financing Receivable, Number of Contracts Sold + References No definition available. + Details
Name: | peak_FinancingReceivableNumberOfContractsSold
Namespace Prefix: | peak_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number Of Investments + References No definition available. + Details
Name: | peak_NumberOfInvestments
Namespace Prefix: | peak_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition The number of loans to VIE borrowers. + References No definition available. + Details
Name: | peak_NumberOfLoanToVieBorrowers
Namespace Prefix: | peak_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number of Preferred Equity Method Investments Sold + References No definition available. + Details
Name: | peak_NumberOfPreferredEquityMethodInvestmentsSold
Namespace Prefix: | peak_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number Of Properties Acquired + References No definition available. + Details
Name: | peak_NumberOfPropertiesAcquired
Namespace Prefix: | peak_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number Of Properties To Be Sold + References No definition available. + Details
Name: | peak_NumberOfPropertiesToBeSold
Namespace Prefix: | peak_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents number of unconsolidated joint ventures between entity and an institutional capital partner. + References No definition available. + Details
Name: | peak_NumberOfUnconsolidatedJointVenture
Namespace Prefix: | peak_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition The number of VIE borrowers in which the entity has invested in marketable debt securities. + References No definition available. + Details
Name: | peak_NumberOfVieBorrowersWithMarketableDebtSecurities
Namespace Prefix: | peak_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number of properties leased by the entity to tenants that have been identified as a VIE. + References No definition available. + Details
Name: | peak_PropertiesLeasedNumber
Namespace Prefix: | peak_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number of tenants of properties leased by entity for which the tenant is considered a VIE tenant. + References No definition available. + Details
Name: | peak_VIETenantsNumber
Namespace Prefix: | peak_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Represents the number of controlling ownership interest entities, in which the company holds the interest and is the managing member of the partnership. + References No definition available. + Details
Name: | peak_VariableInterestEntityControllingOwnershipInterestThroughPartnership
Namespace Prefix: | peak_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Period of time between issuance and maturity of debt instrument, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentTerm
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -Subparagraph (a)(1) -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 + Details
Name: | us-gaap_EquityMethodInvestmentOwnershipPercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
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_VariableInterestEntityLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage of the Variable Interest Entity's (VIE) voting interest owned by (or beneficial interest in) the reporting entity (directly or indirectly). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 50 -Paragraph 5A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123419778&loc=SL6759159-111685 + Details
Name: | us-gaap_VariableInterestEntityOwnershipPercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | srt_CounterpartyNameAxis=peak_BrookdaleMTCAMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis=peak_CcrcJvInvestmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ConsolidatedEntitiesAxis=peak_VariableInterestEntityNotPrimaryBeneficiaryTenantsWithOperatingLeasesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ConsolidatedEntitiesAxis=us-gaap_VariableInterestEntityNotPrimaryBeneficiaryMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ConsolidatedEntitiesAxis=peak_HcpVenturesVMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ConsolidatedEntitiesAxis=peak_LifeScienceJVsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ConsolidatedEntitiesAxis=peak_MorganStanleyRealEstateInvestmentJVMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ConsolidatedEntitiesAxis=us-gaap_VariableInterestEntityPrimaryBeneficiaryMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ConsolidatedEntitiesAxis=peak_DownreitPartnershipsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=peak_SeniorHousingOperatingPortfolioMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_InvestmentTypeAxis=peak_SunriseSeniorHousingPortfolioMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_InvestmentTypeAxis=peak_DiscoverySHOPPortfolioMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancingReceivableRecordedInvestmentByClassOfFinancingReceivableAxis=peak_MezzanineMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=peak_SeniorHousingTripleNetMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ConsolidatedEntitiesAxis=peak_VariableInterestEntityNotPrimaryBeneficiarySellerFinancingMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=peak_MedicalOfficeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SubsequentEventTypeAxis=us-gaap_SubsequentEventMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=peak_MedicalOfficeHospitalMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementBusinessSegmentsAxis=peak_LifeScienceMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |