XML 23 R24.htm IDEA: XBRL DOCUMENT v2.4.0.6
SCHEDULE III
 12 Months Ended
Dec. 31, 2011
SCHEDULE III [Abstract]  
Real Estate and Accumulated Depreciation Disclosure [Text Block]
SCHEDULE III
REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION
December 31, 2011
(dollars in thousands)
 
 
 
 
 
 
Initial Cost to Company
 
Cost Capitalized Subsequent to Acquisition
 
Gross Amount at which Carried at Close of Period
 
 
 
 
Life on Which Depreciation in Latest Income Statement is Computed
Description 
 Location 
Ownership Percentage
Encum- brances
 
Land 
 
Building and Improve- ments(1) 
 
Total 
 
 
Land 
 
Building and Improve- ments(1)(7) 
 
Total 
 
Accumulated Depreciation and Amortization
Original Date of Construction/ Renovation 
Date Acquired
Skilled Nursing Facilities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
New Martinsville
New Martinsville, WV
100%
$  (3)

 
$
475

 
$
10,543

 
$
11,018

 
—

 
$
475

 
$
10,539

 
$
11,014

 
$
(2,772
)
1982
11/15/10
39
Glenville
Glenville, WV
100%
—

 
484

 
2,839

 
3,323

 
—

 
484

 
2,834

 
3,318

 
(398
)
1982
11/15/10
40
Renaissance Terrace
Harriman, TN
100%
—

 
76

 
4,459

 
4,535

 
—

 
76

 
4,430

 
4,506

 
(1,457
)
1985/1989,
2008
11/15/10
38
Greenwood
Warwick, RI
100%
—

 
2,066

 
10,178

 
12,244

 
—

 
2,066

 
10,128

 
12,194

 
(2,255
)
1964
11/15/10
24
Pawtuxet Village
Warwick, RI
100%
—

 
1,275

 
6,602

 
7,877

 
—

 
1,275

 
6,520

 
7,795

 
(1,554
)
1968
11/15/10
24
Woodland View
Tulsa, OK
100%
4,456

 
1,012

 
5,632

 
6,644

 
—

 
1,012

 
5,574

 
6,586

 
(1,585
)
1987
11/15/10
30
Forest Hills (SNF)
Broken Arrow, OK
100%
(5) 

 
1,653

 
11,259

 
12,912

 
—

 
1,653

 
11,246

 
12,899

 
(2,249
)
1994
11/15/10
40
Seminole Estates
Seminole, OK
100%
—

 
655

 
3,527

 
4,182

 
—

 
655

 
3,387

 
4,042

 
(397
)
1987
11/15/10
32
Bryan Care
Bryan, OH
100%
—

 
1,278

 
6,477

 
7,755

 
—

 
1,278

 
6,422

 
7,700

 
(1,270
)
1976
11/15/10
30
Sylvania
Sylvania, OH
100%
(6 
) 
 
942

 
5,627

 
6,569

 
—

 
942

 
5,572

 
6,514

 
(1,340
)
1967/1974, 1986, 1995, 2008, 2009
11/15/10
24
Point Place
Toledo, OH
100%
—

 
1,089

 
5,364

 
6,453

 
—

 
1,089

 
5,325

 
6,414

 
(854
)
1995
11/15/10
36
Perrysburg
Perrysburg, OH
100%
—

 
987

 
5,358

 
6,345

 
—

 
987

 
5,309

 
6,296

 
(1,048
)
1984
11/15/10
32
Forest View
Dayton, OH
100%
—

 
819

 
4,214

 
5,033

 
—

 
819

 
4,184

 
5,003

 
(977
)
1968
11/15/10
24
New Lebanon
New Lebanon, OH
100%
—

 
784

 
4,243

 
5,027

 
—

 
784

 
4,172

 
4,956

 
(958
)
1979
11/15/10
28
New Lexington
New Lexington, OH
100%
—

 
63

 
3,487

 
3,550

 
—

 
63

 
3,468

 
3,531

 
(1,568
)
1981
11/15/10
20
Twin Rivers
Defiance, OH
100%
—

 
280

 
3,004

 
3,284

 
—

 
280

 
2,967

 
3,247

 
(618
)
1980
11/15/10
30
San Juan
Farmington, NM
100%
(2 
) 
 
799

 
4,163

 
4,962

 
—

 
799

 
4,140

 
4,939

 
(802
)
1963/1993
11/15/10
24
McKinley Care
Gallup, NM
100%
(2 
) 
 
409

 
1,865

 
2,274

 
—

 
409

 
1,865

 
2,274

 
(330
)
1968
11/15/10
24
Bedford Hills
Bedford, NH
100%
6,833

 
1,911

 
12,245

 
14,156

 
—

 
1,911

 
12,208

 
14,119

 
(2,240
)
1992/2010
11/15/10
36
Exeter on Hampton
Exeter, NH
100%
(4 
) 
 
2,365

 
2,350

 
4,715

 
—

 
2,365

 
2,262

 
4,627

 
(940
)
1976
11/15/10
40
Pheasant Wood
Petersborough, NH
100%
—

 
625

 
3,986

 
4,611

 
—

 
625

 
3,685

 
4,310

 
(822
)
1975
11/15/10
28
Westwood
Keene, NH
100%
—

 
699

 
3,823

 
4,522

 
—

 
699

 
3,529

 
4,228

 
(811
)
1965/2010
11/15/10
24
Colonial Hill
Rochester, NH
100%
(4 
) 
 
412

 
3,960

 
4,372

 
—

 
412

 
3,837

 
4,249

 
(913
)
1986
11/15/10
44
Crestwood Care
Milford, NH
100%
—

 
557

 
3,441

 
3,998

 
—

 
557

 
3,217

 
3,774

 
(723
)
1972
11/15/10
28
Applewood
Winchester, NH
100%
—

 
348

 
3,075

 
3,423

 
—

 
348

 
2,848

 
3,196

 
(568
)
1987
11/15/10
32
The Elms Care
Milford, NH
100%
—

 
312

 
1,679

 
1,991

 
—

 
312

 
1,568

 
1,880

 
(440
)
1890/1890
11/15/10
20
Woodland Hill
Asheboro, NC
100%
(6) 

 
1,706

 
8,053

 
9,759

 
—

 
1,706

 
8,042

 
9,748

 
(1,236
)
1987
11/15/10
32
Missouri River
Great Falls, MT
100%
(2 
) 
 
2,023

 
16,967

 
18,990

 
—

 
2,023

 
16,877

 
18,900

 
(3,492
)
1960/1990, 2010
11/15/10
30
Butte Care
Butte, MT
100%
(2 
) 
 
1,092

 
12,654

 
13,746

 
—

 
1,092

 
12,630

 
13,722

 
(2,322
)
1974
11/15/10
35
Whitefish Care
Whitefish, MT
100%
(2 
) 
 
651

 
6,339

 
6,990

 
—

 
651

 
6,321

 
6,972

 
(1,233
)
1973
11/15/10
35
Deer Lodge
Deer Lodge, MT
100%
(2 
) 
 
190

 
3,032

 
3,222

 
—

 
190

 
3,024

 
3,214

 
(719
)
1973
11/15/10
30
 
 
 
 
 
Initial Cost to Company
 
Cost Capitalized Subsequent to Acquisition
 
Gross Amount at which Carried at Close of Period
 
 
 
 
Life on Which Depreciation in Latest Income Statement is Computed
Description 
 Location 
Ownership Percentage
Encum- brances
 
Land 
 
Building and Improve- ments(1) 
 
Total 
 
 
Land 
 
Building and Improve- ments(1)(6) 
 
Total 
 
Accumulated Depreciation and Amortization
Original Date of Construction/ Renovation 
Date Acquired
Twin Oaks
Danvers, MA
100%
—

 
885

 
5,100

 
5,985

 
—

 
885

 
5,071

 
5,956

 
(1,298
)
1969
11/15/10
24
Maplewood
Amesbury, MA
100%
—

 
771

 
4,550

 
5,321

 
—

 
771

 
4,481

 
5,252

 
(1,211
)
1968/1969
11/15/10
24
Saugus
Saugus, MA
100%
—

 
285

 
1,643

 
1,928

 
—

 
285

 
1,612

 
1,897

 
(672
)
1967
11/15/10
24
Kensington Manor
Elizabethtown, KY
100%
—

 
1,864

 
7,523

 
9,387

 
—

 
1,864

 
7,519

 
9,383

 
(1,158
)
2001/2010
11/15/10
37
Regency Care
Louisville, KY
100%
—

 
1,169

 
5,989

 
7,158

 
—

 
1,169

 
5,989

 
7,158

 
(1,493
)
1960
11/15/10
25
Paducah Care
Paducah, KY
100%
—

 
1,636

 
4,133

 
5,769

 
—

 
1,636

 
4,133

 
5,769

 
(916
)
1974/1974, 2008
11/15/10
28
Countryside Care
Bardwell, KY
100%
—

 
239

 
4,790

 
5,029

 
—

 
239

 
4,790

 
5,029

 
(850
)
1993/2010
11/15/10
35
Bradford Square
South Frankfort, KY
100%
—

 
774

 
3,848

 
4,622

 
—

 
774

 
3,840

 
4,614

 
(971
)
1960/1990
11/15/10
25
Hillside Villa
Madisonville, KY
100%
—

 
277

 
4,272

 
4,549

 
—

 
277

 
4,272

 
4,549

 
(1,074
)
1962/1978, 1997
11/15/10
25
Klondike Care
Louisville, KY
100%
—

 
764

 
3,576

 
4,340

 
—

 
764

 
3,575

 
4,339

 
(844
)
1974/1980, 1994, 1995, 2008
11/15/10
28
Colonial Manor
Bowling Green, KY
100%
—

 
792

 
3,050

 
3,842

 
—

 
792

 
3,047

 
3,839

 
(728
)
1963
11/15/10
25
Hopkins Care
Woodburn, KY
100%
—

 
592

 
2,277

 
2,869

 
—

 
592

 
2,276

 
2,868

 
(578
)
1960
11/15/10
25
Bridge Point
Florence, KY
100%
(6) 

 
—

 
2,278

 
2,278

 
—

 
—

 
2,274

 
2,274

 
(763
)
1969/2008, 2009, 2010
11/15/10
20
Magnolia Village
Bowling Green, KY
100%
—

 
14

 
629

 
643

 
—

 
14

 
629

 
643

 
(306
)
1991
11/15/10
29
Decatur Township
Indianapolis, IN
100%
—

 
673

 
3,730

 
4,403

 
—

 
673

 
3,706

 
4,379

 
(727
)
1985
11/15/10
32
Gooding/Bennett Hills
Gooding, ID
100%
—

 
—

 
1,731

 
1,731

 
—

 
—

 
1,731

 
1,731

 
(392
)
1968/2009
11/15/10
40
Fountain City
Columbus, GA
100%
(3) 

 
253

 
2,797

 
3,050

 
—

 
253

 
2,786

 
3,039

 
(1,044
)
1970
11/15/10
40
Etowah Landing
Rome, GA
100%
—

 
43

 
842

 
885

 
—

 
43

 
842

 
885

 
(270
)
1973/1977, 1987
11/15/10
40
Oakhurst
Ocala, FL
100%
(6) 

 
1,474

 
8,212

 
9,686

 
—

 
1,474

 
8,107

 
9,581

 
(1,597
)
1984/2010
11/15/10
32
Orchard Ridge
New Port Richey, FL
100%
(6) 

 
536

 
5,685

 
6,221

 
—

 
536

 
5,590

 
6,126

 
(1,096
)
1983/1995
11/15/10
32
Bay Tree
Palm Harbor, FL
100%
—

 
786

 
4,870

 
5,656

 
—

 
786

 
4,795

 
5,581

 
(1,098
)
1981
11/15/10
32
West Bay
Oldsmar, FL
100%
(6) 

 
775

 
4,660

 
5,435

 
—

 
775

 
4,526

 
5,301

 
(1,004
)
1982/2010
11/15/10
32
Sunset Point
Clearwater, FL
100%
(6) 

 
706

 
4,370

 
5,076

 
—

 
706

 
4,306

 
5,012

 
(989
)
1983
11/15/10
32
Arden House
Hamden, CT
100%
20,413

 
2,250

 
23,816

 
26,066

 
—

 
2,250

 
23,396

 
25,646

 
(3,994
)
1973/2008, 2010
11/15/10
28
Pope John Paul
Danbury, CT
100%
(6) 

 
—

 
13,702

 
13,702

 
—

 
—

 
13,702

 
13,702

 
(2,617
)
1983/2009
11/15/10
32
St. Camillus
Stamford, CT
100%
—

 
—

 
12,528

 
12,528

 
—

 
—

 
12,523

 
12,523

 
(2,552
)
1987/2008
11/15/10
32
Madison House
Madison, CT
100%
—

 
4,337

 
8,164

 
12,501

 
—

 
4,337

 
8,028

 
12,365

 
(1,182
)
1994/2009, 2010
11/15/10
36
Willows (CT)
Woodbridge, CT
100%
—

 
1,838

 
9,961

 
11,799

 
—

 
1,838

 
9,510

 
11,348

 
(1,606
)
1989/2011
11/15/10
32
The Reservoir
West Hartford, CT
100%
7,753

 
1,204

 
9,457

 
10,661

 
—

 
1,204

 
9,270

 
10,474

 
(1,375
)
1995/2009, 2011
11/15/10
36
Glen Hill
Danbury, CT
100%
(6) 

 
918

 
7,017

 
7,935

 
—

 
918

 
6,844

 
7,762

 
(1,452
)
1963/2009
11/15/10
24
 
 
 
 
 
Initial Cost to Company
 
Cost Capitalized Subsequent to Acquisition
 
Gross Amount at which Carried at Close of Period
 
 
 
 
Life on Which Depreciation in Latest Income Statement is Computed
Description 
 Location 
Ownership Percentage
Encum- brances
 
Land 
 
Building and Improve- ments(1) 
 
Total 
 
 
Land 
 
Building and Improve- ments(1)(7) 
 
Total 
 
Accumulated Depreciation and Amortization
Original Date of Construction/ Renovation 
Date Acquired
Governor's House
Simsbury, CT
100%
—

 
—

 
5,750

 
5,750

 
—

 
—

 
5,514

 
5,514

 
(1,409
)
1895/2008, 2010
11/15/10
20
Elms Haven
Thornton, CO
100%
(3) 

 
3,717

 
18,473

 
22,190

 
—

 
3,717

 
18,400

 
22,117

 
(3,372
)
1987/1989, 1997, 2007, 2008
11/15/10
40
Sable
Aurora, CO
100%
(3) 

 
1,272

 
5,591

 
6,863

 
—

 
1,272

 
5,531

 
6,803

 
(1,128
)
1973
11/15/10
35
Carmichael
Carmichael, CA
100%
(6 
) 
 
—

 
1,741

 
1,741

 
—

 
—

 
1,724

 
1,724

 
(592
)
1960/1976, 2010
11/15/10
40
Willows (CA)
Willows, CA
100%
— 

 
137

 
1,426

 
1,563

 
—

 
137

 
1,411

 
1,548

 
(398
)
1969/2010
11/15/10
40
Washington Care
San Leandro, CA
100%
(2) 

 
—

 
1,331

 
1,331

 
—

 
—

 
1,330

 
1,330

 
(265
)
1969/2010
11/15/10
40
Oak Brook Health Care
Whitehouse, TX
100%
— 

 
1,433

 
9,643

 
11,076

 
—

 
1,433

 
9,643

 
11,076

 
(171
)
1998
06/30/11
40
Broadmeadow Healthcare
Middletown, DE
100%
— 

 
1,650

 
21,730

 
23,380

 
—

 
1,650

 
21,730

 
23,380

 
(236
)
2005
08/01/11
40
Capitol Healthcare
Dover, DE
100%
— 

 
4,940

 
15,500

 
20,440

 
—

 
4,940

 
15,500

 
20,440

 
(176
)
1997
08/01/11
40
Pike Creek Healthcare
Wilmington, DE
100%
— 

 
2,460

 
25,240

 
27,700

 
—

 
2,460

 
25,240

 
27,700

 
(277
)
2009
08/01/11
40
Renaissance Healthcare
Millsboro, DE
100%
— 

 
1,640

 
22,620

 
24,260

 
—

 
1,640

 
22,620

 
24,260

 
(253
)
2008
08/01/11
40
Honey Hill Care Center
Norwalk, CT
100%
— 

 
1,722

 
6,125

 
7,847

 
—

 
1,722

 
6,125

 
7,847

 
(65
)
1993
09/30/11
40
Manokin Manor Nursing & Rehabilitation Center
Princess Anne, MD
100%
— 

 
1,953

 
7,811

 
9,764

 
—

 
1,953

 
7,811

 
9,764

 
(80
)
1987
09/30/11
40
Wesley Woods Alzheimer's Care Center
Abilene, TX
100%
— 

 
883

 
7,642

 
8,525

 
—

 
883

 
7,642

 
8,525

 
(40
)
2004
11/01/11
40
Windcrest Alzheimer's Care Center
Waco, TX
100%
—

 
800

 
4,589

 
5,389

 
—

 
800

 
4,589

 
5,389

 
(25
)
1994/1999
11/01/11
40
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
39,455

 
76,499

 
510,857

 
587,356

 
—

 
76,499

 
506,110

 
582,609

 
(83,235
)
 
 
 
Multi-license Designation
 
 
 
 
 

 
 
 
 

 
 
 
 

 
 

 
 

 
 

 
 
 
Forest Hills (ALF)
Broken Arrow, OK
100%
(5) 

 
1,803

 
3,927

 
5,730

 
—

 
1,803

 
3,905

 
5,708

 
(943
)
2000
11/15/10
30
Langdon Place of Dover
Dover, NH
100%
4,970

 
801

 
10,036

 
10,837

 
—

 
801

 
9,653

 
10,454

 
(1,854
)
1987
11/15/10
42
Clipper Harbor
Portsmouth, NH
100%
(4) 

 
846

 
7,632

 
8,478

 
—

 
846

 
7,570

 
8,416

 
(1,967
)
1986
11/15/10
43
Mineral Springs
North Conway, NH
100%
(4) 

 
417

 
5,352

 
5,769

 
—

 
417

 
5,175

 
5,592

 
(1,112
)
1988
11/15/10
43
Wolfeboro
Wolfeboro, NH
100%
(4) 

 
454

 
4,531

 
4,985

 
—

 
454

 
4,399

 
4,853

 
(859
)
1984/1986, 1987, 2009
11/15/10
41
Langdon Place of Keene
Keene, NH
100%
5,307

 
304

 
3,992

 
4,296

 
—

 
304

 
3,902

 
4,206

 
(1,084
)
1995
11/15/10
46
Edmondson Care
Brownsville, KY
100%
—

 
446

 
5,087

 
5,533

 
—

 
446

 
5,085

 
5,531

 
(1,052
)
1994/2009
11/15/10
35
Heartland Villa
Lewisport, KY
100%
—

 
532

 
4,025

 
4,557

 
—

 
532

 
4,024

 
4,556

 
(773
)
1994/2009
11/15/10
35
Meridian Care
Meridian, ID
100%
(6) 

 
840

 
8,342

 
9,182

 
—

 
840

 
8,324

 
9,164

 
(2,277
)
1997
11/15/10
39
St. Joseph's
Trumbull, CT
100%
(6) 

 
—

 
21,878

 
21,878

 
—

 
—

 
21,870

 
21,870

 
(4,929
)
1959
11/15/10
24
 
 
 
 
 
 

 
 

 
 

 
 
 
 

 
 

 
 

 
 

 
 
 
 
 
 
10,277

 
6,443

 
74,802

 
81,245

 
—

 
6,443

 
73,907

 
80,350

 
(16,850
)
 
 
 
Assisted Living Facilities
 
 
 
 
 

 
 

 
 

 
 
 
 

 
 

 
 

 
 

 
 
 
Monroe House
Moses Lake, WA
100%
—

 
—

 
182

 
182

 
—

 
—

 
174

 
174

 
(107
)
1997
11/15/10
15
Langdon Place of Exeter
Exeter, NH
100%
3,998

 
571

 
7,183

 
7,754

 
—

 
571

 
7,038

 
7,609

 
(1,655
)
1987
11/15/10
43
 
 
 
 
 
Initial Cost to Company
 
Cost Capitalized Subsequent to Acquisition
 
Gross Amount at which Carried at Close of Period
 
 
 
 
Life on Which Depreciation in Latest Income Statement is Computed
Description 
 Location 
Ownership Percentage
Encum- brances
 
Land 
 
Building and Improve- ments(1) 
 
Total 
 
 
Land 
 
Building and Improve- ments(1)(6) 
 
Total 
 
Accumulated Depreciation and Amortization
Original Date of Construction/ Renovation 
Date Acquired
Langdon Place of Nashua
Nashua, NH
100%
(4) 

 
—

 
5,654

 
5,654

 
—

 
—

 
5,389

 
5,389

 
(965
)
1989
11/15/10
40
Heritage Place
Owensboro, KY
100%
—

 
668

 
5,492

 
6,160

 
—

 
668

 
5,491

 
6,159

 
(914
)
2001
11/15/10
38
The Legacy
Paducah, KY
100%
—

 
325

 
4,019

 
4,344

 
—

 
325

 
4,018

 
4,343

 
(891
)
1999
11/15/10
35
Creekside Senior Living
Green Bay, WI
100%
—

 
257

 
2,292

 
2,549

 
—

 
257

 
2,292

 
2,549

 
(8
)
2004
11/22/11
40
 
 
 
 
 
 

 
 

 
 

 
 
 
 

 
 

 
 

 
 

 
 
 
 
 
 
3,998

 
1,821

 
24,822

 
26,643

 
—

 
1,821

 
24,402

 
26,223

 
(4,540
)
 
 
 
Mental Health
 
 
 
 
 

 
 

 
 

 
 
 
 

 
 

 
 

 
 

 
 
 
Lake Drive
Henryetta, OK
100%
—

 
160

 
549

 
709

 
—

 
160

 
544

 
704

 
(316
)
1968
11/15/10
10
Boise
Boise, ID
100%
—

 
—

 
289

 
289

 
—

 
—

 
267

 
267

 
(113
)
1991
11/15/10
40
 
 
 
 
 
 

 
 

 
 

 
 
 
 

 
 

 
 

 
 

 
 
 
 
 
 
—

 
160

 
838

 
998

 
—

 
160

 
811

 
971

 
(429
)
 
 
 
Independent Living Facility
 
 
 
 

 
 

 
 

 
 
 
 

 
 

 
 

 
 

 
 
 
Glen Crest
Danbury, CT
100%
—

 
1,356

 
6,666

 
8,022

 
—

 
1,356

 
6,652

 
8,008

 
(1,104
)
1986
11/15/10
32
Continuing Care
      Retirement Community
 
 
 
 

 
 

 
 

 
 
 
 

 
 

 
 

 
 

 
 
 
Village at Northrise
Las Cruces, NM
100%
(6) 

 
1,432

 
6,003

 
7,435

 
—

 
1,432

 
5,821

 
7,253

 
(1,552
)
1998/1999, 2010
11/15/10
29
 
 
 
 
 
 

 
 

 
 

 
 
 
 

 
 

 
 

 
 

 
 
 
 
 
 
53,730

 
87,711

 
623,988

 
711,699

 
—

 
87,711

 
617,703

 
705,414

 
(107,710
)
 
 
 
Acute Care Hospital
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Texas Regional Medical Center
Sunnyvale, TX
100%
—

 
4,020

 
57,620

 
61,640

 
—

 
4,020

 
57,620

 
61,640

 
(1,154
)
2009
05/03/11
40
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Multi-property Indebtedness
 
 
104,168

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
157,898

 
91,731

 
681,608

 
773,339

 
—

 
91,731

 
675,323

 
767,054

 
(108,864
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Corporate Assets
 
 
—

 
—

 
136

 
136

 
103

 
—

 
239

 
239

 
(52
)
 
 
 
 
 
 
 
 
 

 
 

 
 

 
 
 
 

 
 

 
 

 
 

 
 
 
 
 
 
$
157,898

 
$
91,731

 
$
681,744

 
$
773,475

 
$
103

 
$
91,731

 
$
675,562

 
$
767,293

 
$
(108,916
)
 
 
 
 
 
 
 
 
 

 
 

 
 

 
 
 
 

 
 

 
 

 
 

 
 
 


(1) 
Building and building improvements include land improvements and furniture and equipment.
(2) 
Property serves as collateral for a mortgage loan totaling $39.2 million as of December 31, 2011.
(3) 
Property serves as collateral for a mortgage loan totaling $19.9 million as of December 31, 2011.
(4) 
Property serves as collateral for a mortgage loan totaling $31.5 million as of December 31, 2011.
(5) 
Property serves as collateral for a mortgage loan totaling $13.6 million as of December 31, 2011.
(6)
Property serves as collateral for the $100.0 million secured revolving credit facility. There were no amounts outstanding as of December 31, 2011.
(7) 
The aggregate cost of real estate for federal income tax purposes was $762.0 million.





SABRA HEALTH CARE REIT, INC.
SCHEDULE III
REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION
(dollars in thousands)


 
 
 
Year Ended December 31, 2011
 
Period from November 15, 2010 to December 31, 2010
Real estate:
 
 
 
Balance at the beginning of the period
$
570,998

 
$
570,904

Acquisitions
202,570

 
—

Improvements
9

 
94

Write-off of fully depreciated assets
(6,284
)
 
—

 
 
 
 

Balance at the end of the year
$
767,293

 
$
570,998

 
 
 
 

Accumulated depreciation:
 
 
 

Balance at the beginning of the period
$
(88,701
)
 
$
(85,567
)
Depreciation expense
(26,499
)
 
(3,134
)
Write-off of fully depreciated assets
6,284

 
—

 
 
 
 

Balance at the end of the year
$
(108,916
)
 
$
(88,701
)