XML 33 R23.htm IDEA: XBRL DOCUMENT v3.5.0.2
Commitments and Contingencies (Tables)
 9 Months Ended
Sep. 30, 2016
Commitments and Contingencies  
Schedule of commitments

September 30, 2016, we had commitments as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

    

 

 

    

Total

    

 

 

    

 

 

Investment

 

2016

 

Commitment

 

Remaining

 

 

    

Commitment

    

Funding

    

Funded

    

Commitment

 

Real estate properties (See Note 2)

 

$
67,924

(1)

$
20,884

 

$
28,103

 

$
39,821

 

Accrued incentives and earn-out liabilities (2)

 

 
16,600

 

 
1,130

 

 
1,130

 

 
15,470

 

Lease incentives

 

 
5,652

 

 
1,591

 

 
2,046

 

 
3,606

 

Mortgage loans (See Note 2)

 

 
51,490

(1)

 
2,833

 

 
4,126

 

 
47,364

 

Joint venture investments (See Note 3)

 

 
25,650

 

 
481

 

 
20,624

 

 
5,026

 

Notes receivable (See Note 4)

 

 
2,325

 

 
436

 

 
611

 

 
1,714

 

Totals

 

$
169,641

 

$
27,355

 

$
56,640

 

$
113,001

 

(1)

Represents commitments to purchase land and improvements, if applicable, and to develop, re-develop, renovate or expand seniors housing and health care properties.

 

(2)

During the nine months ended September 30, 2016, we recorded non‑cash interest expense of $538 related to these contingent liabilities and the fair value of our contingent payments was $12,514 at September 30, 2016.