XML 9 R54.htm IDEA: XBRL DOCUMENT v2.4.0.6
Debt (Details) (USD $)
1 Months Ended 9 Months Ended 12 Months Ended 1 Months Ended 1 Months Ended 3 Months Ended 0 Months Ended 3 Months Ended 12 Months Ended 3 Months Ended
Dec. 31, 2012
properties
Sep. 30, 2011
Dec. 31, 2012
properties
Dec. 31, 2011
Dec. 31, 2010
Nov. 30, 2011
Cancelled Credit Facility [Member]
Nov. 02, 2011
Cancelled Credit Facility [Member]
May 01, 2012
Line of Credit Facility, 2012 Modification [Member]
Apr. 30, 2012
Line of Credit Facility, 2012 Modification [Member]
Apr. 30, 2012
Debt Instrument, Name, 5 Year Term Loan [Member]
Line of Credit Facility, 2012 Modification [Member]
Dec. 31, 2012
Debt Instrument, Name, 5 Year Term Loan [Member]
Line of Credit Facility, 2012 Modification [Member]
Dec. 31, 2012
Debt Instrument, Name, Revolving Credit Facility [Member]
Apr. 30, 2012
Debt Instrument, Name, Revolving Credit Facility [Member]
Line of Credit Facility, 2012 Modification [Member]
Dec. 31, 2012
Debt Instrument, Name, Revolving Credit Facility [Member]
Line of Credit Facility, 2012 Modification [Member]
Dec. 31, 2012
Debt Instrument, Name, Revolving Credit Facility [Member]
Line of Credit Facility, 2012 Modification [Member]
Dec. 31, 2012
Debt Instrument, Name, 7 Year Term Loan [Member]
Line of Credit Facility, 2012 Modification [Member]
May 01, 2012
Debt Instrument, Name, 7 Year Term Loan [Member]
Line of Credit Facility, 2012 Modification [Member]
Apr. 30, 2012
Debt Instrument, Name, 7 Year Term Loan [Member]
Line of Credit Facility, 2012 Modification [Member]
Dec. 31, 2012
Acquisition Bickford Senior Living [Member]
properties
Sep. 29, 2012
Acquisition Bickford Senior Living [Member]
properties
Line of Credit Facility, Maximum Borrowing Capacity             $ 200,000,000   $ 320,000,000                      
Term Loans, Outstanding Balance                 120,000,000 80,000,000               40,000,000    
Debt Maturity, Years           4,000         5       5 7        
Credit Facility Expansion, Amount               130,000,000                        
Credit Facility, Current Revolving Borrowing Capacity                         200,000,000              
Number of basis points over LIBOR 22         150       140       140   150        
Payments of Debt Issuance Costs   753,000 766,000 0 0                              
Unused balance of the unsecured revolving credit facility                       136,000,000                
Interest expense     3,172,000 2,070,000 1,244,000                              
Amortization of loan costs     320,000 581,000 308,000                              
Change in fair value of interest rate swap agreement     0 (1,197,000) 0                              
Interest Expense     3,492,000 3,848,000 1,552,000                              
Number of Real Estate Properties 107   107                               2 2
Significant Acquisition, Cost, Debt Assumed                                     19,250,000 19,250,000
Revolving credit facility interest rate                                     3.22%  
Derivative, Fixed Interest Rate                                 3.04%      
Debt Instrument, Basis Spread on Variable Rate                                     300.00%  
Line of Credit Facility, Unused Capacity, Commitment Fee Basis Points           35           35                
Debt Instrument, Maturity Date Range, End, Extension                         1              
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax     $ 1,241,000 $ 0 $ 0