Subsequent Events (Tables)

9 Months Ended

Sep. 30, 2012

Subsequent Events

Summary of subsequent capital improvement commitments and investments

Commitment	Expiration Date	Funded in October 2012	Used Commitment	Open Commitment	Initial Cash Yield		Property Type	Properties
$  1,700	3/31/13	$    219	$    711	$    989	9.00%	(1)	SNF	2
8,250	10/11/13	426	918	7,332	9.00%	(1)	UDP(3)	—
7,935	12/1/13	847	2,285	5,650	9.25%	(1)	UDP(4)	—
9,855	10/23/14	492	492	9,363	9.25%	(1)	UDP(5)	—
30	8/31/15	30	30	—		(2)	EDU	1
$27,770		$2,014	$4,436	$23,334

(1)Minimum rent will increase upon final funding and project completion or in some cases, the improvement deadline as defined in each lease agreement.

(2)The yield is included in the initial lease rate.

(3)This commitment is to construct a 120-bed skilled nursing property in Texas which will replace an existing 90-bed skilled nursing property we own.

(4)This commitment is to construct a 60-unit free-standing memory care property on a vacant parcel of land in Colorado.

(5)This commitment is to construct a 77-unit assisted living and memory care property, as previously discussed above.

Summary of subsequent loan commitments

Commitment		Expiration Date	(Received)/ Funded in October 2012	Used Commitment	Open Commitment	Initial Cash Yield
$250		11/30/12	$(50)	$150	$100	9.00%
667	(1)	12/31/12	177	370	297	9.00%
$917			$127	$520	$397

(1)This commitment is a construction and term loan for capital improvements at a skilled nursing property we own and lease to the borrower. Upon the earlier of the full funding of the commitment or December 31, 2012, construction distribution under this loan will cease and this loan will fully amortize to maturity in May 2018.