DISPOSITIONS

3 Months Ended

Mar. 31, 2017

Discontinued Operations and Disposal Groups [Abstract]

DISPOSITIONS

NOTE 5—DISPOSITIONS

2017 Activity

During the three months endedMarch 31, 2017, we sold five triple-net leased properties for aggregate consideration of $85.0 million and we recognized a gain on the sale of these assets of $43.3 million.

Real Estate Impairment

We recognized impairments of $5.2 million and $10.3 million, respectively, for the three months endedMarch 31, 2017 and 2016, which are recorded in depreciation and amortization in our Consolidated Statements of Income.

Assets Held for Sale

The table below summarizes our real estate assets classified as held for sale as of March 31, 2017 and December 31, 2016, including the amounts reported on our Consolidated Balance Sheets.

	March 31, 2017					December 31, 2016
	Number of Properties Held for Sale	Assets Held for Sale		Liabilities Held for Sale		Number of Properties Held for Sale	Assets Held for Sale		Liabilities Held for Sale
	(Dollars in thousands)
Office Operations	9	60,173		1,389		7	53,151		1,462
Senior Living Operations*	—	1,810		—		—	1,810		—
Total	9	$	61,983	$	1,389	7	$	54,961	$	1,462
* Includes one vacant land parcel classified as held for sale as of March 31, 2017 and December 31, 2016.