Subsequent Events	12 Months Ended
Dec. 31, 2021
Subsequent Events
Subsequent Events	16. Subsequent Events The following events occurred subsequent to the balance sheet date: Real Estate Investments. Owned Properties. An operator of assisted living communities in California with a total of 232 units exercised the purchase option under their lease for approximately $43,700,000. The communities have a gross book value of $31,800,000 and a net book value of $17,000,000. Also, we entered into an agreement with the current operator to sell a 74-unit assisted living community in Virginia for approximately $16,900,000. The community has a gross book value of $16,900,000 and a net book value of $15,700,000. In connection with the sale, the current operator will pay a $1,200,000 lease termination fee. Notes Receivable. We funded $5,750,000 under a working capital loan. Debt. We borrowed $22,000,000 under our unsecured revolving line of credit. Accordingly, we have $132,900,000 outstanding and $267,100,000 available for borrowing under our unsecured revolving line of credit. Additionally, we repaid $7,000,000 in regular scheduled principal payments under our senior unsecured notes. Accordingly, we have $505,456,000 outstanding, net of debt issue costs, under our senior unsecured notes. Equity. We declared a monthly cash dividend of $0.19 per share on our common stock for the months of January, February, and March 2022, payable on January 31, February 28, and March 31, 2022, respectively, to stockholders of record on January 21, February 18, and March 23, 2022, respectively.

Subsequent Events

12 Months Ended

Dec. 31, 2021

16. Subsequent Events

The following events occurred subsequent to the balance sheet date:

Real Estate Investments. Owned Properties. An operator of assisted living communities in California with a total of 232 units exercised the purchase option under their lease for approximately $43,700,000. The communities have a gross book value of $31,800,000 and a net book value of $17,000,000. Also, we entered into an agreement with the current operator to sell a 74-unit assisted living community in Virginia for approximately $16,900,000. The community has a gross book value of $16,900,000 and a net book value of $15,700,000. In connection with the sale, the current operator will pay a $1,200,000 lease termination fee.

Notes Receivable. We funded $5,750,000 under a working capital loan.

Debt. We borrowed $22,000,000 under our unsecured revolving line of credit. Accordingly, we have $132,900,000 outstanding and $267,100,000 available for borrowing under our unsecured revolving line of credit. Additionally, we repaid $7,000,000 in regular scheduled principal payments under our senior unsecured notes.

Accordingly, we have $505,456,000 outstanding, net of debt issue costs, under our senior unsecured notes.

Equity. We declared a monthly cash dividend of $0.19 per share on our common stock for the months of January, February, and March 2022, payable on January 31, February 28, and March 31, 2022, respectively, to stockholders of record on January 21, February 18, and March 23, 2022, respectively.