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REAL ESTATE INVESTMENTS (Tables)
 12 Months Ended
Dec. 31, 2013
Real Estate Investments, Net [Abstract]  
Schedule of Real Estate Properties
The Company’s real estate properties held for investment consisted of the following (dollars in thousands):
As of December 31, 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

 
$
737,188

 
$
(132,068
)
 
$
605,120

Senior Housing
 
23

 
1,518

 
153,247

 
(13,337
)
 
139,910

Acute Care Hospitals
 
2

 
124

 
175,807

 
(5,520
)
 
170,287

 
 
 
 
 
 
 
 
 
 
 
 
 
121

 
12,468

 
1,066,242

 
(150,925
)
 
915,317

Corporate Level
 
 
 
 
 
254

 
(153
)
 
101

 
 
 
 
 
 
$
1,066,496

 
$
(151,078
)
 
$
915,418

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

 
December 31, 2013
 
December 31, 2012
Building and improvements
$
879,926

 
$
782,221

Furniture and equipment
50,567

 
43,810

Land improvements
4,392

 
4,535

Land
131,611

 
126,048

 
1,066,496

 
956,614

Accumulated depreciation
(151,078
)
 
(129,479
)
 
$
915,418

 
$
827,135
Schedule of Future Minimum Rental Payments Receivable for Operating Leases
As of December 31, 2013, the future minimum rental income from the Company’s properties under non-cancelable operating leases was as follows (in thousands):
2014
$
126,182

2015
129,218

2016
132,263

2017
135,543

2018
138,909

Thereafter
894,424

 
 
 
$
1,556,539