XML 62 R44.htm IDEA: XBRL DOCUMENT v3.22.0.1
Real Estate Investments - Narrative (Details)
$ in Thousands
1 Months Ended 12 Months Ended
Dec. 23, 2021
Jan. 31, 2022
USD ($)
property
Dec. 31, 2021
USD ($)
ft²
building
property
community
unit
Jan. 31, 2020
USD ($)
May 31, 2019
USD ($)
unit
building
Dec. 31, 2021
USD ($)
ft²
property
building
community
unit
Dec. 31, 2020
USD ($)
ft²
property
building
Dec. 31, 2019
USD ($)
ft²
unit
building
property
Jun. 09, 2021
unit
community
Sep. 30, 2019
property
Mar. 31, 2017
Real Estate Properties                      
Real estate investment properties, net     $ 5,075,749     $ 5,075,749 $ 5,715,829        
Real estate property - accumulated depreciation     $ 1,737,807     $ 1,737,807 1,694,901        
Number of properties owned (property) | property     390     390          
Total assets     $ 6,623,514     $ 6,623,514 6,476,424 $ 6,653,826      
Secured debt and finance leases, net     69,713     69,713 691,573        
Proceeds from sale of interest in joint venture, net           367,033 0 0      
Gain on sale of properties           492,272 6,487 39,696      
Equity method investments, carrying value     31,540     31,540 73,772        
Impairment of assets           (174) 106,972 $ 115,201      
Lease committed but unspent tenant related obligations           76,573 19,159        
Variable Interest Entity, Primary Beneficiary                      
Real Estate Properties                      
Total assets             970,142        
Secured debt and finance leases, net             697,129        
Seaport Innovation LLC                      
Real Estate Properties                      
Aggregate property valuation amount     1,700,000     1,700,000          
Aggregate principal amount of mortgage debt     620,000     620,000          
Land                      
Real Estate Properties                      
Real estate investment properties, net     741,501     741,501 789,125        
Buildings and Improvements                      
Real Estate Properties                      
Real estate investment properties, net     6,072,055     6,072,055 6,621,605        
Building                      
Real Estate Properties                      
Real estate property - accumulated depreciation     1,587,573     1,587,573 1,561,751        
Building Improvements                      
Real Estate Properties                      
Real estate property - accumulated depreciation     $ 150,234     $ 150,234 $ 133,150        
Medical Office Building                      
Real Estate Properties                      
Number of properties owned (property) | property             7 20      
Impairment of assets             $ 8,558 $ 43,035      
Senior Living Communities                      
Real Estate Properties                      
Number of properties owned (property) | property             28 25      
Number of units in real estate property | unit     27,672     27,672          
Gain on sale of properties             $ 225        
Impairment of assets             $ 98,414 $ 72,166      
Welness Centers                      
Real Estate Properties                      
Number of properties owned (property) | property     10     10          
Area of real estate properties (in square feet) | ft²     812,000     812,000          
SNF                      
Real Estate Properties                      
Gain on sale of properties           $ 200          
Life Science                      
Real Estate Properties                      
Number of properties owned (property) | property               1      
Medical Office Building and Life Science Building                      
Real Estate Properties                      
Number of properties owned (property) | property     116     116          
Area of real estate properties (in square feet) | ft²     9,800,000     9,800,000          
Medical Office Building and Life Science Building | Capital Commitments                      
Real Estate Properties                      
Area of real estate properties (in square feet) | ft²     2,600,000     2,600,000 1,000,000        
Leases committed expenditure           $ 97,520 $ 17,901        
Medical Office Building and Life Science Building | Subsequent Event | Unrelated Investor One                      
Real Estate Properties                      
Equity method investments, carrying value   $ 100,800                  
Medical Office Building and Life Science Building | Subsequent Event | Unrelated Investor Two                      
Real Estate Properties                      
Equity method investments, carrying value   95,900                  
Senior Living Communities, Independent Living, Assisted Living, and Skilled Nursing Facility                      
Real Estate Properties                      
Number of properties owned (property) | property     264     264          
Land Parcel | Arizona                      
Real Estate Properties                      
Real estate purchase price       $ 2,600              
Joint Venture                      
Real Estate Properties                      
Gain on sale of properties     $ 461,434                
Joint Venture | Seaport Innovation LLC                      
Real Estate Properties                      
Number of properties owned (property) | property     1     1          
Area of real estate properties (in square feet) | ft²     1,134,479     1,134,479          
Number of properties included in joint venture agreement | property           1          
Equity method investment ownership percentage 20.00%   20.00%     20.00%         55.00%
Additional equity joint venture percentage 35.00%   35.00%                
Proceeds from sale of interest in joint venture, net     $ 373,847                
Joint Venture | Investor | Seaport Innovation LLC                      
Real Estate Properties                      
Equity method investment ownership percentage                     45.00%
Joint Venture | Subsequent Event                      
Real Estate Properties                      
Aggregate property valuation amount   702,500                  
Aggregate principal amount of mortgage debt   $ 456,600                  
Joint Venture | Medical Office Building and Life Science Building | Subsequent Event                      
Real Estate Properties                      
Number of properties included in joint venture agreement | property   10                  
Equity method investment ownership percentage   20.00%                  
Proceeds from sale of interest in joint venture, net   $ 653,300                  
Joint Venture | Medical Office Building and Life Science Building | Subsequent Event | Unrelated Investor One                      
Real Estate Properties                      
Equity method investment ownership percentage   41.00%                  
Joint Venture | Medical Office Building and Life Science Building | Subsequent Event | Unrelated Investor Two                      
Real Estate Properties                      
Equity method investment ownership percentage   39.00%                  
Five Star | Senior Living Communities                      
Real Estate Properties                      
Number of properties owned (property) | community                 120    
Five Star | Five Star                      
Real Estate Properties                      
Amount of improvements to communities               $ 111,603      
Payments to acquire property, plant, and equipment               $ 49,155      
Scenario, Adjustment | Senior Living Communities                      
Real Estate Properties                      
Number of properties owned (property) | property     10     10          
Impairment of assets           $ (174)          
Disposal Group, Held-for-sale, Not Discontinued Operations | Medical Office Building                      
Real Estate Properties                      
Number of properties owned (property) | property             1 15      
Disposal Group, Held-for-sale, Not Discontinued Operations | Senior Living Communities                      
Real Estate Properties                      
Number of properties owned (property) | property             10 2      
Number of units in real estate property | property             820        
Disposal Group, Held-for-sale, Not Discontinued Operations | Medical Office Building and Life Science Building                      
Real Estate Properties                      
Area of real estate properties (in square feet) | ft²             355,656        
Number of units in real estate property | property             5        
Disposal Group, Held-for-sale, Not Discontinued Operations | Five Star | Senior Living Communities                      
Real Estate Properties                      
Number of properties owned (property) | community     108     108     108    
Number of units in real estate property | unit                 1,500    
Disposal Group, Held-for-sale, Not Discontinued Operations | Scenario, Adjustment | Five Star | Senior Living Communities                      
Real Estate Properties                      
Number of units in real estate property | unit                 7,500    
Disposal Group, Disposed of by Sale, Not Discontinued Operations                      
Real Estate Properties                      
Number of properties owned (property) | building     5     5 27 46      
Sale price of property sold and agreed to be sold           $ 104,500 $ 152,893 $ 260,783      
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Medical Office Building                      
Real Estate Properties                      
Number of properties owned (property) | property             4        
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Senior Living Communities                      
Real Estate Properties                      
Number of properties owned (property) | property             9        
Number of real estate properties closed | property             7        
Disposal Group, Disposed of by Sale, Not Discontinued Operations | SNF                      
Real Estate Properties                      
Number of properties owned (property) | property     8     8          
Number of units in real estate property | property                   15  
Disposal Group, Disposed of by Sale, Not Discontinued Operations | SNF | California                      
Real Estate Properties                      
Number of properties owned (property) | building         3            
Number of units in real estate property | unit         278            
Sale price of property sold and agreed to be sold         $ 21,500            
Disposal Group, Disposed of by Sale, Not Discontinued Operations | Medical Office Building and Life Science Building                      
Real Estate Properties                      
Number of properties owned (property) | property               5      
Discontinued Operations, Held-for-sale | Senior Living Communities                      
Real Estate Properties                      
Number of properties owned (property) | property               12      
Number of units in real estate property | unit               1,670      
Discontinued Operations, Held-for-sale | Medical Office Building and Life Science Building                      
Real Estate Properties                      
Number of properties owned (property) | property               21      
Area of real estate properties (in square feet) | ft²               875,617      
Disposal Group, Held-for-sale or Disposed of by Sale, Not Discontinued Operations | Medical Office Building                      
Real Estate Properties                      
Number of properties owned (property) | property             10