Fair Value, Assets Measured on Recurring Basis (Tables)

9 Months Ended

Sep. 30, 2013

Fair Value, Assets Measured on Recurring Basis [Abstract]

Fair Value, Assets Measured on Recurring Basis

Assets and liabilities measured at fair value on a recurring basis are as follows (in thousands):

		Fair Value Measurement
	Balance Sheet Classification	September 30, 2013		December 31, 2012
Level 1
Common stock of other healthcare REITs	Marketable securities	$	13,577	$	12,884
Level 2
Interest rate swap asset	Other assets	$	189	$	—
Interest rate swap liability	Accrued expenses	$	708	$	1,241
Fixed rate debt	Debt	$	80,362	$	—
Level 3
Contingent consideration	Real estate purchase liabilities	$	5,856	$	4,256

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation

The following table presents a reconciliation of Level 3 liabilities measured at fair value on a recurring basis for the nine months ended September 30, 2013 and 2012(in thousands):

	Fair Value Beginning of Period		Transfers Into Level 3		Realized Gains and (Losses)		Purchases, Issuances and Settlements		Fair Value at End of Period		Total Period Losses Included in Earnings Attributable to the Change in Unrealized Losses Relating to Assets Held at End of Year
2013
Contingent consideration	$	4,256	$	—	$	—	$	1,600	$	5,856	$	—
2012
Contingent consideration	$	9,478	$	—	$	—	$	—	$	9,478	$	—

Fair Value Measurements, Nonrecurring

Carrying values and fair values of financial instruments that are not carried at fair value at September 30, 2013 and December 31, 2012 in the Condensed Consolidated Balance Sheets are as follows (in thousands):

	Carrying Amount				Fair Value Measurement
	2013		2012		2013		2012
Level 2
Variable rate debt	$	311,000	$	203,250	$	311,000	$	203,250
Level 3
Mortgage and other notes receivable	$	59,367	$	84,250	$	66,690	$	93,835