Real Estate Loans Receivable

3 Months Ended

Mar. 31, 2012

Real Estate Loans Receivable [Abstract]

Real Estate Loans Receivable

6. Real Estate Loans Receivable

     The following is a summary of our real estate loan activity for the periods presented (in thousands):

		Three Months Ended
		March 31, 2012						March 31, 2011
		Seniors						Seniors
		Housing		Medical				Housing		Medical
		Triple-net		Facilities		Totals		Triple-net		Facilities		Totals
Advances on real estate loans receivable:
	Investments in new loans	$	0	$	0	$	0	$	11,807	$	0	$	11,807
	Draws on existing loans		10,467		194		10,661		8,824		2,481		11,305
	Net cash advances on real estate loans		10,467		194		10,661		20,631		2,481		23,112
Receipts on real estate loans receivable:
	Loan payoffs		0		0		0		7,607		0		7,607
	Principal payments on loans		3,689		612		4,301		2,653		2,081		4,734
	Total receipts on real estate loans		3,689		612		4,301		10,260		2,081		12,341
Net advances (receipts) on real estate loans		$	6,778	$	(418)	$	6,360	$	10,371	$	400	$	10,771

We recorded no provision for loan losses during the three months ended March 31, 2012.At March 31, 2012, we had real estate loans with outstanding balances of $12,956,000on non-accrual status but no allowance for loan losses.