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RECENT REAL ESTATE ACQUISITIONS
3 Months Ended
Mar. 31, 2019
Business Combinations [Abstract]  
RECENT REAL ESTATE ACQUISITIONS
RECENT REAL ESTATE ACQUISITIONS
No acquisitions were completed during the three months ended March 31, 2019. During the three months ended March 31, 2018, the Company acquired 11 Senior Housing - Managed communities, two skilled nursing/transitional care facilities and one senior housing community. Allocation of the consideration was based on certain valuations and analyses and is as follows (in thousands):
 
 
Three Months Ended
 
 
March 31, 2018
Land
 
$
20,552

Building and improvements
 
150,523

Tenant origination and absorption costs intangible assets
 
722

Tenant relationship intangible assets
 
209

 
 
 
Total consideration
 
$
172,006

 
 
 

For the acquisitions completed during the three months ended March 31, 2018, the tenant origination and absorption costs intangible assets and tenant relationship intangible assets had weighted-average amortization periods as of the respective dates of acquisition of 13 years and 23 years, respectively.
For the three months ended March 31, 2018, the Company recognized $9.7 million of total revenues and $0.9 million of net income attributable to common stockholders from the facilities acquired during the three months ended March 31, 2018.