Real Estate (Tables)

6 Months Ended

Jun. 30, 2015

Real Estate [Abstract]

Summary of NHC Percentage Rent [Table Text Block]

The following table summarizes the percentage rent income from NHC (in thousands):

	Three Months Ended				Six Months Ended
	June 30,				June 30,
	2015		2014		2015		2014
Current year	$	596	$	573	$	1,192	$	1,139
Prior year final certification1	—		—		94		15
Total percentage rent income	$	596	$	573	$	1,286	$	1,154

¹ For purposes of the percentage rent calculation described in the master lease Agreement, NHC’s annual revenue by facility for a given year is certified to NHI by March 31st of the following year.

Business Acquisition, Pro Forma Information [Table Text Block]

the unaudited pro forma revenue, net income and net income available to common stockholders of the combined entity for the three and six months ended June 30, 2014 is provided below as if the acquisition date had been January 1, 2013 (in thousands except per share amounts):

	Three Months Ended June 30,		Six Months Ended June 30,
	2014		2014
Revenue	$	54,015	$	107,007
Net income	$	30,148	$	58,600
Net income available to common stockholders	$	29,865	$	57,994
Earnings per common share - basic	$	0.80	$	1.55
Earnings per common share - diluted	$	0.80	$	1.55

Supplemental pro forma information above includes revenues from the lease recognized on a straight-line basis, depreciation, and appropriate interest costs.