Receivables

12 Months Ended

Dec. 31, 2012

Receivables [Abstract]

RECEIVABLES

RECEIVABLES

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

	December 31,
	2012		2011
Medicare	$	10,506,000	$	11,000,000
Medicaid and other non-federal government programs	12,648,000		10,499,000
Other patient and resident receivables	9,815,000		7,099,000
	$	32,969,000	$	28,598,000
Other receivables and advances	$	1,397,000	$	1,739,000

The other receivables and advances balance are composed of $982,000 and $1,335,000 related to renovation projects funded by Omega at December 31, 2012 and 2011, respectively. 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.