RECENT REAL ESTATE ACQUISITIONS

9 Months Ended

Sep. 30, 2020

During the nine months ended September 30, 2020, the Company acquired three Senior Housing - Leased communities and one Senior Housing - Managed community. These investments were part of the Company’s proprietary development pipeline, and $20.7 million was previously funded through its preferred equity investments in these developments. During the nine months ended September 30, 2019, the Company acquired two specialty hospitals/other facilities. The consideration was allocated as follows (in thousands):


	Nine Months Ended September 30,
	2020		2019
Land	$	5,800	$	2,040
Building and improvements	104,952		12,652
Tenant origination and absorption costs intangible assets	2,578		234
Tenant relationship intangible assets	347		51
Total consideration	$	113,677	$	14,977

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 seven years and 25 years, respectively, for acquisitions completed during the nine months ended September 30, 2020, and 15 years and 25 years, respectively, for acquisitions completed during the nine months ended September 30, 2019.

For the three and nine months ended September 30, 2020, the Company recognized $3.4 million and $9.2 million of total revenues, respectively, and $1.4 million and $3.7 million of net income attributable to common stockholders, respectively, from the facilities acquired during the nine months ended September 30, 2020. For each of the three and nine months ended September 30, 2019, the Company recognized $0.2 million of total revenues and $0.2 million of net income attributable to common stockholders from the facilities acquired during the nine months ended September 30, 2019.