Real Estate Loans Receivable (Tables)

12 Months Ended

Dec. 31, 2010

Real Estate Loans Receivable (Tables) [Abstract]

Summary of real estate loans receivable

	December 31,
	2010		2009
Mortgage loans	$	109,283	$	74,517
Other real estate loans		327,297		352,846
Totals	$	436,580	$	427,363

Summary of real estate loan activity

	Year Ended
	December 31, 2010								December 31, 2009									December 31, 2008
	Senior								Senior									Senior
	Housing		Medical						Housing			Medical						Housing			Medical
	and Care(1)		Facilities			Totals			and Care(1)			Facilities			Totals			and Care(1)			Facilities		Totals
Advances on real estate loans receivable:
Investments in new loans	$	9,742	$	41,644		$	51,386		$	20,036		$	—		$	20,036		$	121,493		$	—	$	121,493
Draws on existing loans		46,113		1,236			47,349			52,910			1,471			54,381			21,265			—		21,265
Sub-total		55,855		42,880			98,735			72,946			1,471			74,417			142,758			—		142,758
Less: Seller financing on property sales		—		(1,470	)		(1,470	)		—			—			—			(59,649	)		—		(59,649	)
Net cash advances on real estate loans		55,855		41,410			97,265			72,946			1,471			74,417			83,109			—		83,109
Receipts on real estate loans receivable:
Loan payoffs		5,619		6,233			11,852			61,659			32,197			93,856			8,815			—		8,815
Principal payments on loans		24,203		7,440			31,643			15,890			2,033			17,923			9,354			—		9,354
Total receipts on real estate loans		29,822		13,673			43,495			77,549			34,230			111,779			18,169			—		18,169
Net advances (receipts) on real estate loans	$	26,033	$	27,737		$	53,770		$	(4,603	)	$	(32,759	)	$	(37,362	)	$	64,940		$	—	$	64,940

(1) Represents activity for the senior housing triple-net segment.

Summary of allowance for losses on loans receivable

	Year Ended December 31,
	2010			2009			2008
Balance at beginning of year	$	5,183		$	7,500		$	7,406
Provision for loan losses		29,684			23,261			94
Charge-offs		(33,591	)		(25,578	)		—
Balance at end of year	$	1,276		$	5,183		$	7,500

Summary of loan impairments

	Year Ended December 31,
	2010		2009		2008
Balance of impaired loans at end of year	$	9,691	$	67,126	$	72,770
Allowance for loan losses		1,276		5,183		7,500
Balance of impaired loans not reserved	$	8,415	$	61,943	$	65,270
Average impaired loans for the year	$	38,409	$	69,948	$	36,785
Interest recognized on impaired loans(1)		103		530		3,288

(1) Represents interest recognized prior to placement on non-accrual status.