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Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Revenues        
Rental income $ 24,112,746 $ 21,271,652 $ 43,802,837 $ 42,421,987
Tenant recoveries 1,836,064 1,682,182 3,525,060 3,211,236
Interest on loans to lessees - capital expenditures 520,905 511,405 927,602 962,073
Interest on loans to lessees - working capital and capital lease 828,110 876,367 1,753,522 1,556,897
Total revenues 27,297,825 24,341,606 50,009,021 48,152,193
Expenses        
Rent and other operating expenses 191,141 115,646 392,805 284,976
General and administrative 3,542,963 2,685,208 7,011,539 4,109,456
Real estate taxes 2,013,361 1,707,069 3,702,455 3,312,499
Depreciation 5,182,251 4,435,289 9,980,819 8,797,190
Total expenses 10,929,716 8,943,212 21,087,618 16,504,121
Operating income 16,368,109 15,398,394 28,921,403 31,648,072
Other income and expenses:        
Interest and other income 827,253 (7,366) 832,868 55,932
Interest expense (9,359,466) (5,047,080) (16,915,651) (10,912,396)
Change in fair value of derivatives   1,121,276   2,441,997
Amortization of deferred financing costs (650,444) (139,295) (1,329,439) (278,590)
Earnout accretion (66,726)   (66,726)  
Loss on extinguishment of debt (663,505)   (3,806,513)  
Total other income and expenses (9,912,888) (4,072,465) (21,285,461) (8,693,057)
Net income 6,455,221 11,325,929 7,635,942 22,955,015
Distributions and accretion on Class E Preferred Units   (4,019,317)   (8,018,087)
Net income allocable to common units of Partnership/noncontrolling interests (2,943,762) (7,306,612) (3,482,204) (14,936,928)
Net income allocable to stockholders 3,511,459   4,153,738  
Net income 6,455,221 11,325,929 7,635,942 22,955,015
Unrealized loss on derivative instruments (3,586,630)   (3,077,996)  
Total comprehensive income 2,868,591   4,557,946  
Net income allocable to stockholders 3,511,459   4,153,738  
Unrealized loss on derivative instrument, net of noncontrolling interest portion of $1,674,706 and $1,442,754, respectively (1,911,924)   (1,635,242)  
Total comprehensive income allocable to stockholders 1,599,535   2,518,496  
AVIV HEALTHCARE PROPERTIES LIMITED PARTNERSHIP AND SUBSIDIARIES
       
Revenues        
Rental income 24,112,746 21,271,652 43,802,837 42,421,987
Tenant recoveries 1,836,064 1,682,182 3,525,060 3,211,236
Interest on loans to lessees - capital expenditures 520,905 511,405 927,602 962,073
Interest on loans to lessees - working capital and capital lease 828,110 876,367 1,753,522 1,556,897
Total revenues 27,297,825 24,341,606 50,009,021 48,152,193
Expenses        
Rent and other operating expenses 191,141 115,646 392,805 284,976
General and administrative 3,542,963 2,685,208 7,011,539 4,109,456
Real estate taxes 2,013,361 1,707,069 3,702,455 3,312,499
Depreciation 5,182,251 4,435,289 9,980,819 8,797,190
Total expenses 10,929,716 8,943,212 21,087,618 16,504,121
Operating income 16,368,109 15,398,394 28,921,403 31,648,072
Other income and expenses:        
Interest and other income 827,253 (7,366) 832,868 55,932
Interest expense (9,359,466) (5,047,080) (16,915,651) (10,912,396)
Change in fair value of derivatives   1,121,276   2,441,997
Amortization of deferred financing costs (650,444) (139,295) (1,329,439) (278,590)
Earnout accretion (66,726)   (66,726)  
Loss on extinguishment of debt (663,505)   (3,806,513)  
Total other income and expenses (9,912,888) (4,072,465) (21,285,461) (8,693,057)
Net income 6,455,221 11,325,929 7,635,942 22,955,015
Distributions and accretion on Class E Preferred Units   (4,019,317)   (8,018,087)
Net income allocable to common units of Partnership/noncontrolling interests   (77,233)   (156,849)
Net income allocable to stockholders 6,455,221 7,229,379 7,635,942 14,780,079
Net income 6,455,221 11,325,929 7,635,942 22,955,015
Unrealized loss on derivative instruments (3,586,630)   (3,077,996)  
Total comprehensive income 2,868,591   4,557,946  
Net income allocable to stockholders $ 6,455,221 $ 7,229,379 $ 7,635,942 $ 14,780,079