XML 59 R47.htm IDEA: XBRL DOCUMENT v3.7.0.1
Debt (Narrative) (Details)
3 Months Ended 6 Months Ended
Jun. 30, 2017
USD ($)
properties
shares
Mar. 31, 2017
USD ($)
properties
shares
number_of_loans
$ / shares
Jun. 30, 2016
USD ($)
shares
Mar. 31, 2016
USD ($)
Jun. 30, 2017
USD ($)
properties
shares
Jun. 30, 2016
USD ($)
shares
Dec. 31, 2016
USD ($)
Mar. 31, 2014
USD ($)
Noncash or Part Noncash Acquisition, Value of Liabilities Assumed   $ 598,000   $ 1,475,000        
Proceeds from convertible senior notes   $ 197,575,000            
Line of Credit Facility, Maximum Borrowing Capacity $ 800,000,000       $ 800,000,000      
Debt Instrument, Convertible, Conversion Ratio   14.17            
Convertible Debt Instrument, Conversion Ratio, Principal Amount, Basis   $ 1,000            
Debt Instrument, Convertible, Conversion Price | $ / shares   $ 70.58            
Debt Instrument, Convertible, If-converted Value in Excess of Principal   $ 24,118,000            
Debt Instrument, Convertible, Number of Equity Instruments | shares   2,799,150            
Incremental Common Shares Attributable to Dilutive Effect of Conversion of Debt Securities | shares 196,792 147,420 0   147,420 0    
Convertible Debt $ 193,477,000       $ 193,477,000   $ 195,283,000 $ 189,908,000
Debt Instrument, Convertible, Carrying Amount of Equity Component               $ 7,667,000
Debt Instrument, Interest Rate, Effective Percentage   3.90%            
Unamortized Debt Issuance Expense             $ 9,740,000  
Gain (Loss) on Extinguishment of Debt (96,000)   $ 0   $ (96,000) $ 0    
Debt Instrument, Variable Rate Basis, Minimum         0.00%      
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage   2000.00%            
Credit Facility, Current Revolving Borrowing Capacity $ 550,000,000       $ 550,000,000      
Number of Real Estate Properties | properties 207       207      
Bank Term Loans [Member]                
Term Loans, Outstanding Balance $ 250,000,000       $ 250,000,000      
Debt Instrument, Basis Spread on Variable Rate         13000.00%      
Debt Instrument, Name, Convertible Senior Notes [Member]                
Debt Instrument, Interest Rate, Stated Percentage 3.25%       3.25%      
Payments of Debt Issuance Costs   $ 6,063,000            
Unamortized Debt Issuance Expense   2,769,000            
Payment for Debt Extinguishment or Debt Prepayment Cost $ 2,339,000              
Gain (Loss) on Extinguishment of Debt 96,000              
Adjustments to Additional Paid in Capital, Convertible Debt with Conversion Feature $ 337,000              
Debt Instrument, Name, Revolving Credit Facility [Member]                
Debt Instrument, Basis Spread on Variable Rate         11500.00%      
Unused balance of the unsecured revolving credit facility   $ 362,000,000            
Debt Instrument, Name, Fannie Mae Term Loans [Member]                
Debt Instrument, Term   10 years            
Mortgage Loans on Real Estate, Face Amount of Mortgages   $ 78,084,000            
Debt Instrument, Interest Rate, Stated Percentage   3.79%            
Number of Real Estate Properties   13            
Net Book Value of Real Estate Pledged Toward Mortgage   $ 109,413,000            
Debt Instrument, Name, HUD Mortgages [Member]                
Number of Real Estate Properties | properties   10            
Net Book Value of Real Estate Pledged Toward Mortgage   $ 53,446,000            
Debt Instrument, Name, HUD Mortgages [Member] | Minimum [Member]                
Mortgage Loans on Real Estate, Interest Rate   4.30%            
Debt Instrument, Name, HUD Mortgages [Member] | Maximum [Member]                
Mortgage Loans on Real Estate, Interest Rate   4.40%            
Debt Instrument, HUD Mortgages, 2049 Maturity [Member]                
Mortgage Loans on Real Estate, Number of Loans | number_of_loans   9            
Debt Instrument, HUD Mortgages, 2047 Maturity [Member]                
Mortgage Loans on Real Estate, Number of Loans | number_of_loans   1            
Allocated to Debt [Member] | Debt Instrument, Name, Convertible Senior Notes [Member]                
Payments of Debt Issuance Costs   $ 5,788,000            
Allocated to Equity [Member] | Debt Instrument, Name, Convertible Senior Notes [Member]                
Payments of Debt Issuance Costs   275,000            
Bickford Senior Living [Member]                
Number of Real Estate Properties | properties 43       43      
Middletown, OH [Member] | Bickford Senior Living [Member]                
Noncash or Part Noncash Acquisition, Value of Liabilities Assumed   $ 7,569,000            
Noncash or Part Noncash Acquisition, Noncash Financial or Equity Instrument Consideration, Rate   2.90%            
Noncash or Part Noncash Acquisition, Debt Assumed   $ 9,013,000