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Real Estate (Tables)
9 Months Ended
Sep. 30, 2018
Real Estate [Abstract]  
New Real Estate Investments [Table Text Block]
We acquired the following real estate properties during the nine months ended September 30, 2018 (in thousands):
Operator
 
Date
 
Properties
 
Asset Class
 
Amount
The Ensign Group
 
January/May 2018
 
3
 
SNF
 
$
43,404

Bickford Senior Living
 
April 2018
 
5
 
SHO
 
69,750

Comfort Care Senior Living
 
May 2018
 
2
 
SHO
 
17,140

 
 
 
 
 
 
 
 
$
130,294

Schedule of Bickford Leases [Table Text Block]
As of September 30, 2018, our Bickford portfolio consists of leases with lease expiration dates as follows (in thousands):
 
Lease Expiration
 
 
Sep/Oct 2019
June 2023
Sept 2027
May 2031
Apr 2033
Total
Number of Properties
10

13

4

20

5

52

2018 Contractual Rent
$
9,264

$
11,133

$
1,515

$
19,872

$
3,105

$
44,889

Straight Line Rent Adjustment
(617
)
588

221

3,813

607

4,612

 
$
8,647

$
11,721

$
1,736

$
23,685

$
3,712

$
49,501

 
 
 
 
 
 
 
Summary of NHC Percentage Rent [Table Text Block]
The following table summarizes the percentage rent income from NHC (in thousands):
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2018
 
2017
 
2018
 
2017
Current year
$
853

 
$
782

 
$
2,558

 
$
2,345

Prior year final certification1

 

 
285

 
194

Total percentage rent income
$
853

 
$
782

 
$
2,843

 
$
2,539

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.