Real Estate Investments (Tables)

6 Months Ended

Jun. 30, 2015

The following table summarizes the 2015 Acquisitions:



Property Description	Date Acquired	Ownership Percentage
Landmark Hospital of Savannah	1/15/2015	100%
21st Century Oncology Portfolio (1)	3/31/2015; 04/20/2015	100%


(1)	Portfolio consists of 20 real estate properties, 18 of which were purchased on March 31, 2015 and two of which were purchased on April 20, 2015.

Schedule of Allocation of Fair Value of Business Combinations

The following table summarizes the Company’s allocation of the fair value purchase price of the 2015 Acquisitions acquired during the six months ended June 30, 2015 (amounts in thousands):



	Total
Land	$	19,469
Buildings and improvements	101,251
In-place leases	15,819
Tenant improvements	1,123
Above-market leases	635
Total assets acquired	138,297
Below-market leases	(870		)
Total liabilities acquired	(870		)
Net assets acquired	$	137,427

Schedule of Business Combinations on a Pro Forma Basis

Assuming the 2015 Acquisitions described above had occurred on January 1, 2014, pro forma revenues, net income and net income attributable to common stockholders would have been as follows (amounts in thousands, unaudited):



	Three Months Ended June 30,				Six Months Ended June 30,
	2015		2014		2015		2014
Pro forma basis:
Revenues	$	53,026	$	43,245	$	107,128	$	83,363
Net income	$	18,893	$	16,318	$	36,918	$	28,931
Net income attributable to common stockholders	$	17,313	$	15,678	$	33,724	$	27,646
Net income per common share attributable to common stockholders:
Basic	$	0.10	$	0.10	$	0.19	$	0.19
Diluted	$	0.10	$	0.10	$	0.19	$	0.19

21st Century Oncology Portfolio [Member]

Real Estate Properties [Line Items]

Schedule of Allocation of Fair Value of Business Combinations

As of June 30, 2015, the Company completed its fair value purchase price allocation for the 21st Century Oncology Portfolio and recorded the total aggregate purchase price as follows (amounts in thousands):



	Total
Land	$	17,489
Buildings and improvements	85,833
In-place leases	13,006
Tenant improvements	1,123
Above-market leases	635
Total assets acquired	118,086
Below-market leases	(870		)
Total liabilities acquired	(870		)
Net assets acquired	$	117,216