DISPOSITIONS (Tables)

6 Months Ended

Jun. 30, 2014

Discontinued Operations and Disposal Groups [Abstract]

Real estate assets classified as held for sale

The table below summarizes our real estate assets classified as held for sale as of June 30, 2014 and December 31, 2013, including the amounts reported within other assets and accounts payable and other liabilities on our Consolidated Balance Sheets.

	June 30, 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	11	$	111,099	$	49,145	15	$	125,981	$	50,456
MOB operations (3)	36	179,486		50,394		4	29,359		14,044
Total	47	$	290,585	$	99,539	19	$	155,340	$	64,500

(1) The operations for eight 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.

(3) Includes 34 MOBs that are being marketed for sale and were classified as held for sale as of June 30, 2014. Aggregate NOI for this portfolio of assets was $6.2 million and $7.6 million for the six months ended June 30, 2014 and 2013, respectively. The sale of these MOBs does not meet the criteria for reporting as discontinued operations.

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 and six months ended June 30, 2014 and 2013.

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2014			2013			2014		2013
	(In thousands)
Revenues:
Rental income	$	1,808		$	3,853		$	4,008	$	7,885
Resident fees and services	—			141			—		759
Interest and other income	—			—			750		—
	1,808			3,994			4,758		8,644
Expenses:
Interest	503			1,459			1,181		3,154
Depreciation and amortization	1,247			22,463			1,528		33,938
Property-level operating expenses	(1		)	470			280		1,382
General, administrative and professional expenses	—			3			—		3
Gain on extinguishment of debt, net	—			(153		)	—		(153		)
Other	130			29			246		(495		)
	1,879			24,271			3,235		37,829
(Loss) income before (loss) gain on real estate dispositions	(71		)	(20,277		)	1,523		(29,185		)
(Loss) gain on real estate dispositions	(184		)	1,718			1,253		2,195
Discontinued operations	$	(255	)	$	(18,559	)	$	2,776	$	(26,990	)