Other Real Estate Property Investments

12 Months Ended

Dec. 31, 2011

Other Real Estate Property Investments

(4) Other Real Estate Property Investments

A summary of acquisitions for the year ended December 31, 2011 follows (in thousands):

	Consideration						Assets Acquired

Acquisitions	Cash Paid		Debt Assumed		Noncontrolling Interest		Real Estate		Net Intangibles
Life science	$	84,087	$	57,869	$	—	$	133,210	$	8,746
Medical office		29,743		—		1,500		26,191		5,052

	$	113,830	$	57,869	$	1,500	$	159,401	$	13,798

During the year ended December 31, 2011, the Company funded an aggregate of $127 million for construction, tenant and other capital improvement projects, primarily in the life science and medical office segments. During the year ended December 31, 2011, two of the Company's life science facilities located in South San Francisco were placed in service representing 88,000 square feet.

A summary of acquisitions for the year ended December 31, 2010 follows (in thousands):

	Consideration									Assets Acquired

Acquisitions	Cash Paid		Debt Assumed			DownREIT Units		Other Noncontrolling Interest		Real Estate		Net Intangibles
Senior housing	$	143,926	$	—		$	—	$	—	$	141,500	$	2,426
Life science		40,563		—			7,341		190		43,017		5,077
Medical office		27,463		33,503	(1)		1,926		735		57,390		6,237

	$	211,952	$	33,503		$	9,267	$	925	$	241,907	$	13,740

(1): Debt assumed includes a related interest-rate swap liability with a fair value of $3.2 million, at acquisition.

During the year ended December 31, 2010, the Company funded an aggregate of $135 million for construction, tenant and other capital improvement projects, primarily in the life science and medical office segments. During the year ended December 31, 2010, three of the Company's life science facilities located in South San Francisco were placed into service representing 329,000 square feet.