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Real Estate Investments (Tables)
 6 Months Ended
Jun. 30, 2012
Real Estate Investments  
Summary of investments in mortgage loans secured by first mortgages

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average

 

 

 

 

 

Percentage

 

 

 

Number

 

Number of

 

Investment

 

 

Gross

 

of

 

Number

 

of

 

SNF

 

ALF

 

per

Type of Property

 

Investments

 

Investments

 

of Loans

 

Properties (1)

 

Beds

 

Units

 

Bed/Unit

Skilled Nursing

 

$24,712 

 

 

49.2%  

 

 

18  

 

 

19   

 

 

2,112

 

 

—

 

 

$11.70

 

Assisted Living

 

22,553 

 

 

44.9%  

 

 

9  

 

 

14   

 

 

—

 

 

424

 

 

53.19

 

Other Senior Housing (2)

 

2,981 

 

 

5.9%  

 

 

1  

 

 

1   

 

 

99

 

 

74

 

 

17.23

 

Totals

 

$50,246 

 

 

100.0%  

 

 

28  

 

 

34   

 

 

2,211

 

 

498

 

 

 

 

 

(1)          We have investments in 12 states that include mortgages to 12 different operators.

(2)          Other senior housing consists of independent living properties and properties providing any combination of skilled nursing, assisted living and/or independent living services.
Summary of investments in owned properties

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of

 

Average

 

 

 

 

 

 

 

Number

 

 

 

 

 

 

 

 

 

 

Investment

 

 

Gross

 

Percentage of

 

of

 

SNF

 

ALF

 

ILF

 

per

Type of Property

 

Investments

 

Investments

 

Properties (1)

 

Beds

 

Units

 

Units

 

Bed/Unit

Skilled Nursing

 

$377,381

 

 

50.8%

 

 

68   

 

 

8,025  

 

 

—

 

 

—

 

 

$47.03

 

Assisted Living

 

285,981

 

 

38.5%

 

 

88   

 

 

—  

 

 

3,941

 

 

—

 

 

72.57

 

Other Senior Housing (2)

 

64,704

 

 

8.7%

 

 

13   

 

 

814  

 

 

256

 

 

423

 

 

43.34

 

School

 

12,236

 

 

1.6%

 

 

2   

 

 

—  

 

 

—

 

 

—

 

 

N/A

 

Under Development (3)

 

2,995

 

 

0.4%

 

 

—   

 

 

—  

 

 

—

 

 

—

 

 

N/A

 

Totals

 

$743,297

 

 

100.0%

 

 

171   

 

 

8,839  

 

 

4,197

 

 

423

 

 

 

 

 

(1)          We have investments in 25 states leased to 31 different operators.

(2)          Other senior housing consists of independent living properties and properties providing any combination of skilled nursing, assisted living and/or independent living services.

(3)          We have two properties under development: 120-bed skilled nursing property in Texas which will replace an existing 90-bed skilled nursing property we own and 60-unit free-standing memory care property in Colorado.