Real Estate Loans Receivable

6 Months Ended

Jun. 30, 2014

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):

		Six Months Ended
		June 30, 2014						June 30, 2013
		Seniors						Seniors
		Housing		Medical				Housing		Medical
		Triple-net		Facilities		Totals		Triple-net		Facilities		Totals
Advances on real estate loans receivable:
	Investments in new loans	$	3,493	$	-	$	3,493	$	23,919	$	-	$	23,919
	Draws on existing loans		36,658		14,726		51,384		27,269		1,884		29,153
	Net cash advances on real estate loans		40,151		14,726		54,877		51,188		1,884		53,072
Receipts on real estate loans receivable:
	Loan payoffs		3,950		-		3,950		44,469		-		44,469
	Principal payments on loans		16,670		321		16,991		9,589		1,489		11,078
	Total receipts on real estate loans		20,620		321		20,941		54,058		1,489		55,547
Net cash advances (receipts) on real estate loans			19,531		14,405		33,936		(2,870)		395		(2,475)
Change in balance due to foreign currency translation			1,104		-		1,104		-		-		-
Net change in real estate loans receivable		$	20,635	$	14,405	$	35,040	$	(2,870)	$	395	$	(2,475)

We recorded no provision for loan losses during the six months ended June 30, 2014. At June 30, 2014, there were no real estate loans with outstanding balances on non-accrual status and no allowances for loan losses were recorded.