Subsequent Events

3 Months Ended

Mar. 31, 2017

Subsequent Events

Subsequent Events

11.Subsequent Events

Subsequent to March 31, 2017, the following events occurred:

Mortgage Loan Receivables: We received $5,870,000 plus accrued interest related to the payoff of two mortgage loans secured by a 70-unit assisted living community and a parcel of land.

Equity: We declared a monthly cash dividend of $0.19 per share on our common stock for the months of April,  May and June, payable on April 28, May 31, and June 30, 2017, respectively to stockholders of record on April 20, May 23, and June 22, 2017, respectively.