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REAL ESTATE INVESTMENTS (Tables)
6 Months Ended
Jun. 30, 2013
Real Estate Investments, Net [Abstract]  
Schedule of Real Estate Properties
NT
The Company’s real estate properties held for investment consisted of the following (dollars in thousands):
As of June 30, 2013
Property Type
 
Number of
Properties
 
Number of
Beds/Units
 
Total
Real Estate
at Cost
 
Accumulated
Depreciation
 
Total
Real Estate
Investments, Net
Skilled Nursing/Post-Acute
 
96

 
10,826

 
$
746,736

 
$
(129,486
)
 
$
617,250

Senior Housing
 
23

 
1,518

 
154,272

 
(12,136
)
 
142,136

Acute Care Hospital
 
1

 
70

 
61,640

 
(3,924
)
 
57,716

 
 
120

 
12,414

 
962,648

 
(145,546
)
 
817,102

Corporate Level
 
 
 
 
 
254

 
(128
)
 
126

 
 
 
 
 
 
$
962,902

 
$
(145,674
)
 
$
817,228

As of December 31, 2012
Property Type
 
Number of
Properties
 
Number of
Beds/Units
 
Total
Real Estate
at Cost
 
Accumulated
Depreciation
 
Total
Real Estate
Investments, Net
Skilled Nursing/Post-Acute
 
96

 
10,826

 
$
746,510

 
$
(116,426
)
 
$
630,084

Senior Housing
 
22

 
1,486

 
148,210

 
(9,949
)
 
138,261

Acute Care Hospital
 
1

 
70

 
61,640

 
(3,001
)
 
58,639

 
 
119

 
12,382

 
956,360

 
(129,376
)
 
826,984

Corporate Level
 
 
 
 
 
254

 
(103
)
 
151

 
 
 
 
 
 
$
956,614

 
$
(129,479
)
 
$
827,135

 
June 30, 2013
 
December 31, 2012
Building and improvements
$
787,809

 
$
782,221

Furniture and equipment
43,944

 
43,810

Land improvements
4,535

 
4,535

Land
126,614

 
126,048

 
962,902

 
956,614

Accumulated depreciation
(145,674
)
 
(129,479
)
 
$
817,228

 
$
827,135


Schedule of Future Minimum Rental Payments Receivable for Operating Leases
As of June 30, 2013, the future minimum rental payments from the Company’s properties under non-cancelable operating leases was as follows (in thousands):
July 1, 2013 through December 31, 2013
$
56,559

2014
115,444

2015
118,200

2016
120,956

2017
123,939

Thereafter
829,483

 
$
1,364,581