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Marketable Securities
12 Months Ended
Dec. 31, 2012
Marketable Securities.  
Marketable Securities

8. Marketable Securities

        During the year ended December 31, 2012, Skilled Healthcare Group, Inc. (or SHG) redeemed all of its outstanding Senior Subordinated Notes at par value plus accrued and unpaid interest. The SHG Senior Subordinated Notes had a face rate of 11.0% and an effective yield of 11.1%. At December 31, 2011, we had a $6,500,000 face value investment in SHG Senior Subordinated Notes. One of our board members is the chief executive officer of SHG. See Note 12. Transactions with Related Party for further discussion.