Receivables

12 Months Ended

Dec. 31, 2011

Receivables [Abstract]

RECEIVABLES

4. RECEIVABLES

Receivables, before the allowance for doubtful accounts, consist of the following components:

	December 31,
	2011		2010
Medicare	$	11,296,000	$	10,603,000
Medicaid and other non-federal government programs		10,695,000		9,758,000
Other patient and resident receivables		7,233,000		6,262,000
	$	29,224,000	$	26,623,000
Other receivables and advances	$	1,739,000	$	424,000

The other receivables and advances balance at December 31, 2011 is composed of $1,335,000 related to renovation projects funded by Omega. See Note 11 for additional discussion of these receivables and leased facility construction projects.

The Company provides credit for a substantial portion of its revenues and continually monitors the credit-worthiness and collectability from its patients, including proper documentation of third-party coverage. The Company is subject to accounting losses from uncollectible receivables in excess of its reserves.

Substantially all receivables are pledged as collateral on the Company’s debt obligations.