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Impairment Charge
12 Months Ended
Dec. 31, 2011
Asset Impairment Charges [Abstract]  
Impairment Charge

 

5. Impairment Charge

        No impairment charges on our real estate investments held and used and on our mortgage loans receivable were recorded during 2011, 2010 or 2009. We have evaluated our marketable securities and concluded that our marketable securities were not other-than-temporary impaired. However in past years, the long term care industry experienced significant adverse changes which resulted in operating losses by certain of our lessees and borrowers and in some instances the filing by certain lessees and borrowers for bankruptcy protection. Thus, we cannot predict what, if any, impairment charge may be needed in the future.