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Real Estate Properties (Tables)
12 Months Ended
Dec. 31, 2020
Real Estate [Abstract]  
Schedule of real estate property acquisition
The table below represents the purchase price allocations (including net closing adjustments) of acquisitions for the years ended December 31, 2020, 2019 and 2018:
DateLocationType of PropertyNumber of PropertiesSquare Feet or Number of Units
Cash Paid
plus
Assumed
Debt (1)
LandBuildings
and
Improvements
FF&EAcquired
Real Estate
Leases / Resident Agreements
Acquired
Real Estate
Lease
Obligations
Assumed
Debt
Premium on 
Assumed Debt
Acquisitions during the year ended December 31, 2020:
We did not acquire any properties during the year ended December 31, 2020.
Acquisitions during the year ended December 31, 2019:
December 2019TexasIL169 units$50,506 $3,463 $44,189 $652 $2,202 $— $— $— 
Acquisitions during the year ended December 31, 2018:
January 20183 StatesMedical Office / Life Science400,000 sq. ft.$91,698 $16,873 $54,605 $— $20,220 $— $— $— 
January 2018 (2)
TennesseeAL88 units19,868 580 14,884 1,209 3,195 — — — 
February 2018 (2)
ArizonaIL127 units22,622 2,017 17,123 390 4,451 — (16,748)(1,359)
March 2018VirginiaMedical Office135,000 sq. ft.23,275 2,863 11,105 — 9,307 — (11,050)— 
June 2018 (2)
TennesseeIL151 units23,860 965 17,910 1,628 3,843 — (16,588)(486)
Total 2018 Acquisitions$181,323 $23,298 $115,627 $3,227 $41,016 $— $(44,386)$(1,845)
(1)Cash paid plus assumed debt, if any, includes closing costs.
(2)Acquired from Five Star.
Schedule of disposal groups
Date of SaleLocationType of PropertyNumber of PropertiesSquare Feet or Number of Units
Sales Price (1)
Gain (loss) on Sale
Dispositions during the year ended December 31, 2020:
January 2020LouisianaMedical Office640,575 sq. ft.$5,925 $(81)
February 2020PennsylvaniaMedical Office150,000 sq. ft.2,900 — 
March 2020TexasMedical Office170,229 sq. ft.8,779 2,863 
April 2020 (2)
CaliforniaIL / AL3599 units47,000 (256)
June 2020South CarolinaMedical Office149,242 sq. ft.3,550 — 
July 2020TexasMedical Office16,849 sq. ft.2,072 (30)
July 2020ConnecticutMedical Office132,162 sq. ft.625 (25)
August 2020 (2)
MississippiAL2116 units2,500 (42)
September 2020MississippiMedical Office178,747 sq. ft.7,250 (114)
October 2020VariousAL3239 units46,000 4,292 
November 2020 (2)
NebraskaAL1131 units3,000 (26)
December 2020New YorkMedical Office164,060 sq. ft.3,875 (273)
December 2020OhioLife Science2232,016 sq. ft.7,917 257 
December 2020 (2)
WisconsinSNF / AL3537 units11,500 (303)
27$152,893 $6,262 
Dispositions during the year ended December 31, 2019:
February 2019
FloridaLife Science160,396 sq. ft.$2,900 $(69)
March 2019
MassachusettsMedical Office14,400 sq. ft.75 (58)
May 2019 (2)
CaliforniaSNF3278 units21,500 15,207 
May 2019ColoradoMedical Office115,647 sq. ft.2,590 1,029 
June 2019 MassachusettsMedical Office7164,121 sq. ft.8,042 1,590 
July 2019MassachusettsMedical Office3103,484 sq. ft.4,955 2,332 
August 2019MassachusettsMedical Office149,357 sq. ft.2,221 812 
September 2019 (2)
VariousSNF15964 units8,000 — 
September 2019MassachusettsMedical Office141,065 sq. ft.2,750 1,044 
October 2019South DakotaSNF / IL3245 units10,500 6,661 
October 2019New JerseyLife Science1205,439 sq. ft.47,500 — 
December 2019GeorgiaMedical Office195,010 sq. ft.14,000 (63)
December 2019WashingtonIL1150 units32,500 7,618 
December 2019VariousAL7566 units103,250 3,593 
46$260,783 $39,696 
Dispositions during the year ended December 31, 2018:
March 2018 (3)
VariousIL2843 units$217,000 $181,154 
May 2018 (3)
MarylandIL1354 units96,000 78,856 
June 2018 (2)
CaliforniaSNF198 units6,500 3,699 
June 2018 (4)
OregonAL199 units15,365 (1,793)
5$334,865 $261,916 
(1)Sales price excludes closing costs.
(2)These senior living communities were previously operated by Five Star.
(3)These senior living communities were leased to Sunrise Senior Living LLC.
(4)This senior living community was leased to a third-party operator, where the tenant exercised its purchase option.