DISPOSITIONS (Tables)

3 Months Ended

Mar. 31, 2014

Discontinued Operations and Disposal Groups [Abstract]

Disclosure of Long Lived Assets Held-for-sale [Table Text Block]

The table below summarizes our real estate assets classified as held for sale as of March 31, 2014 and December 31, 2013, including the amounts reported within other assets and accounts payable and other liabilities on our Consolidated Balance Sheets.



	March 31, 2014					December 31, 2013
	Number of Properties Held for Sale (1)	Other Assets		Accounts Payable and Other Liabilities		Number of Properties Held for Sale (2)	Other Assets		Accounts Payable and Other Liabilities
	(Dollars in thousands)

Triple-net leased properties	14	$	110,440	$	48,823	15	$	125,981	$	50,456
MOB operations	2	13,075		82		4	29,359		14,044
Total	16	$	123,515	$	48,905	19	$	155,340	$	64,500

(1) The operations for ten triple-net leased properties and two MOBs are reported in discontinued operations in our Consolidated Statements of Income.

(2) The operations for all properties listed are reported in discontinued operations in our Consolidated Statements of Income.

Summary of the results of operations of properties sold or classified as held for sale

Set forth below is a summary of our results of operations for properties within discontinued operations for the three months ended March 31, 2014 and 2013.



	For the Three Months Ended March 31,
	2014		2013
	(In thousands)
Revenues:
Rental income	$	2,200	$	4,032
Resident fees and services	—		618
Interest and other income	750		—
	2,950		4,650
Expenses:
Interest	678		1,695
Depreciation and amortization	281		11,475
Property-level operating expenses	281		912
Other	116		(524		)
	1,356		13,558
Income (loss) before gain on real estate dispositions, net	1,594		(8,908		)
Gain on real estate dispositions, net	1,437		477
Discontinued operations	$	3,031	$	(8,431	)

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

+ References+ Details