ACQUISITIONS OF REAL ESTATE

12 Months Ended

Dec. 31, 2012

Business Combinations [Abstract]

Acquisition of Real Estate

ACQUISITIONS

During the year ended December 31, 2012, the Company acquired 10 skilled nursing facilities and 13 senior housing facilities for a total purchase price of $206.9 million. The purchase price was allocated as follows (in thousands):

				Intangibles
Land		Building and Improvements		Tenant Origination and Absorption Costs		Tenant Relationship		Total Purchase Price
$	35,312	$	167,146	$	3,428	$	977	$	206,863

The tenant origination and absorption costs intangibles and tenant relationship intangibles acquired in connection with these acquisitions have weighted-average amortization periods as of the date of acquisition of 13 years and 22 years, respectively. As of December 31, 2012, a total of $1.3 million of contingent consideration related to 2012 acquisitions remains outstanding and is included in other liabilities on the accompanying consolidated balance sheets.

For the year ended December 31, 2012, the Company recognized $4.9 million of total revenues from these properties.