XML 67 R26.htm IDEA: XBRL DOCUMENT v2.4.0.6
Concentration of Credit Risk (Tables)
12 Months Ended
Dec. 31, 2012
Concentration of Credit Risk  
Summary of the assets leased and rents earned from significant lessees

 

 

 
  At
December 31, 2012
  At
December 31, 2011
 
 
  Investment(1)   % of Total   Investment(1)   % of Total  

Five Star

  $ 2,181,338     42%   $ 2,150,722     46%  

All others

    3,001,969     58%     2,570,869     54%  
                   

 

  $ 5,183,307     100%   $ 4,721,591     100%  
                   


 

 
  Year Ended
December 31, 2012
  Year Ended
December 31, 2011
 
 
  Rental income   % of Total   Rental income   % of Total  

Five Star

  $ 200,912     44%   $ 195,409     46%  

All others

    259,899     56%     226,757     54%  
                   

 

  $ 460,811     100%   $ 422,166     100%  
                   

(1)
Represents real and personal property leased to our tenants at historical cost after impairment losses and before depreciation.
Summarized financial information of significant tenant


 
  For the Year Ended December 31,  
 
  2012   2011   2010  

Operations

                   

Total revenues

  $ 1,350,878   $ 1,205,150   $ 1,133,976  

Operating income

    20,858     17,111     25,975  

Income from continuing operations

    13,428     67,485     25,354  

Net income

    24,945     64,201     23,492  


 

 
  For the Year Ended December 31,  
 
  2012   2011   2011  

Cash Flows

                   

Cash provided by operating activities

  $ 56,755   $ 40,295   $ 106,906  

Net cash (used in) provided by discontinued operations

    (6,018 )   3,417     662  

Cash used in investing activities

    (3,265 )   (126,756 )   (37,277 )

Cash (used in) provided by financing activities

    (51,208 )   90,648     (54,538 )

Change in cash and cash equivalents

    (3,736 )   7,604     15,753  

Cash and cash equivalents at beginning of period

    28,374     20,770     5,017  

Cash and cash equivalents at end of period

    24,638     28,374     20,770  


 

 
  As of December 31,    
 
 
  2012   2011    
 

Financial Position

                   

Current assets

  $ 137,314   $ 148,252        

Non-current assets

    434,042     435,225        

Total indebtedness

    71,132     122,713        

Current liabilities

    183,960     189,331        

Non-current liabilities

    80,591     113,952        

Total shareholders' equity

    306,805     280,194