Significant Tenant

3 Months Ended

Mar. 31, 2015

Significant Tenant

Significant Tenant

Note 9. Significant Tenant

Five Star is our former subsidiary.  Rental income from Five Star represented 32.7% of our rental income for the three months ended March 31, 2015, and the properties Five Star leases from us represented 31.8% of our investments, at cost, as of March 31, 2015.  As of March 31, 2015, Five Star also managed 46 senior living communities for our account.See Note 10 for further information relating to our leases and management arrangements with Five Star.