XML 39 R16.htm IDEA: XBRL DOCUMENT
v3.23.1

Intangibles | 3 Months Ended
--- | ---
Mar. 31, 2023
Intangibles [Abstract] |
Intangibles | Intangibles Intangible assets primarily consist of lease-up intangibles and above market tenant lease intangibles. The following table summarizes the Company’s intangible lease assets (dollars in thousands):
Intangible lease assets |  | March 31, 2023 |  | December 31, 2022(1)
Gross intangible lease assets |  | $ | 767,224 |  |  | $ | 770,285 |
Accumulated depreciation and amortization |  | (375,268) |  |  | (352,224) |
Intangible assets, net |  | $ | 391,956 |  |  | $ | 418,061 |
Weighted average remaining amortization period in years |  | 5 |  | 5
_______________________________________ (1)Excludes intangible assets reported in assets held for sale of $2 million. Intangible liabilities consist of below market lease intangibles. The following table summarizes the Company’s intangible lease liabilities (dollars in thousands):
Intangible lease liabilities |  | March 31, 2023 |  | December 31, 2022
Gross intangible lease liabilities |  | $ | 236,831 |  |  | $ | 237,464 |
Accumulated depreciation and amortization |  | (87,227) |  |  | (81,271) |
Intangible liabilities, net |  | $ | 149,604 |  |  | $ | 156,193 |
Weighted average remaining amortization period in years |  | 7 |  | 7
During the three months ended March 31, 2023, no intangible assets or liabilities were acquired. During the year ended December 31, 2022, in conjunction with the Company’s acquisitions of real estate, the Company acquired intangible assets of $7 million and intangible liabilities of $6 million. The intangible assets and liabilities acquired had a weighted average amortization period at acquisition of 7 years and 11 years, respectively.

X
- Definition This block of text may be used to disclose all or part of the information related to intangible assets and liabilities. + References No definition available. + Details
Name: | peak_IntangibleAssetsAndLiabilitiesDisclosureTextBlock
Namespace Prefix: | peak_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Intangibles [Abstract] + References No definition available. + Details
Name: | peak_IntangiblesAbstract
Namespace Prefix: | peak_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration