Real Estate Loans Receivable

3 Months Ended

Mar. 31, 2016

Real Estate Loans Receivable [Abstract]

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, 2016						March 31, 2015
				Outpatient						Outpatient
		Triple-net		Medical		Totals		Triple-net		Medical		Totals
Advances on real estate loans receivable:
	Investments in new loans	$	8,013	$	-	$	8,013	$	368,080	$	-	$	368,080
	Draws on existing loans		19,206		32		19,238		14,330		2,285		16,615
	Net cash advances on real estate loans		27,219		32		27,251		382,410		2,285		384,695
Receipts on real estate loans receivable:
	Loan payoffs		104,068		12,290		116,358		8,568		-		8,568
	Principal payments on loans		3,107		-		3,107		7,933		-		7,933
	Sub-total		107,175		12,290		119,465		16,501		-		16,501
	Less: Non-cash activity		(25,691)		-		(25,691)		-		-		-
	Net cash receipts on real estate loans		81,484		12,290		93,774		16,501		-		16,501
Net cash advances (receipts) on real estate loans			(54,265)		(12,258)		(66,523)		365,909		2,285		368,194
Change in balance due to foreign currency translation			(1,987)		-		(1,987)		(3,096)		-		(3,096)
Net change in real estate loans receivable		$	(81,943)	$	(12,258)	$	(94,201)	$	362,813	$	2,285	$	365,098

We recorded no provision for loan losses during the three months ended March 31, 2016. At March 31, 2016, we had no real estate loans with outstanding balances on non-accrual status and no allowances for loan losses were recorded.