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REAL ESTATE INVESTMENTS (Tables)
 6 Months Ended 12 Months Ended
Jun. 30, 2012
Dec. 31, 2011
Real Estate Investments, Net [Abstract]    
Schedule of Real Estate Properties
The Company’s investments in real estate consisted of the following (dollars in thousands):
As of June 30, 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
 
93

 
10,549

 
$
712,458

 
$
(112,476
)
 
$
599,982

Senior Housing
 
9

 
773

 
47,892

 
(9,021
)
 
38,871

Acute Care Hospital
 
1

 
70

 
61,640

 
(2,077
)
 
59,563

 
 
103

 
11,392

 
821,990

 
(123,574
)
 
698,416

Corporate Level
 
 
 
 
 
239

 
(77
)
 
162

 
 
 
 
 
 
$
822,229

 
$
(123,651
)
 
$
698,578

As of December 31, 2011
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
 
87

 
10,034

 
$
658,222

 
$
(99,570
)
 
$
558,652

Senior Housing
 
9

 
773

 
47,192

 
(8,140
)
 
39,052

Acute Care Hospital
 
1

 
70

 
61,640

 
(1,154
)
 
60,486

 
 
97

 
10,877

 
767,054

 
(108,864
)
 
658,190

Corporate Level
 
 
 
 
 
239

 
(52
)
 
187

 
 
 
 
 
 
$
767,293

 
$
(108,916
)
 
$
658,377

 
June 30, 2012
 
December 31, 2011
Building and improvements
$
670,605

 
$
626,877

Furniture and equipment
46,043

 
44,045

Land improvements
4,640

 
4,640

Land
100,941

 
91,731

 
822,229

 
767,293

Accumulated depreciation
(123,651
)
 
(108,916
)
 
$
698,578

 
$
658,377
The Company’s investments in real estate consisted of the following (dollars in thousands):
As of December 31, 2011  
Property Type
 
Number of
Properties
 
Number of
Beds/Units
 
Total
Real Estate
at Cost
 
Accumulated
Depreciation
 
Total
Real Estate
Investments, Net
Skilled Nursing
 
76

 
8,646

 
$
582,609

 
$
(83,235
)
 
$
499,374

Multi-License Designation
 
10

 
1,389

 
80,350

 
(16,850
)
 
63,500

Assisted Living
 
6

 
426

 
26,223

 
(4,540
)
 
21,683

Mental Health
 
2

 
82

 
971

 
(429
)
 
542

Independent Living
 
1

 
49

 
8,008

 
(1,104
)
 
6,904

Continuing Care Retirement Community
 
1

 
215

 
7,253

 
(1,552
)
 
5,701

Acute Care Hospital
 
1

 
70

 
61,640

 
(1,154
)
 
60,486

 
 
97

 
10,877

 
767,054

 
(108,864
)
 
658,190

Corporate Level
 
 
 
 
 
239

 
(52
)
 
187

 
 
 
 
 
 
$
767,293

 
$
(108,916
)
 
$
658,377

As of December 31, 2010
Property Type
 
Number of
Properties
 
Number of
Beds/Units
 
Total
Real Estate
at Cost
 
Accumulated
Depreciation
 
Total
Real Estate
Investments, Net
Skilled Nursing
 
67

 
7,501

 
$
448,974

 
$
(67,457
)
 
$
381,517

Multi-License Designation
 
10

 
1,389

 
81,245

 
(14,597
)
 
66,648

Assisted Living
 
5

 
367

 
24,094

 
(4,053
)
 
20,041

Mental Health
 
2

 
82

 
998

 
(370
)
 
628

Independent Living
 
1

 
49

 
8,022

 
(875
)
 
7,147

Continuing Care Retirement Community
 
1

 
215

 
7,435

 
(1,349
)
 
6,086

 
 
86

 
9,603

 
570,768

 
(88,701
)
 
482,067

Corporate Level
 
 
 
 
 
230

 
—

 
230

 
 
 
 
 
 
$
570,998

 
$
(88,701
)
 
$
482,297

 
 
December 31, 2011
 
December 31, 2010
Building and improvements
$
626,877

 
$
460,097

Furniture and equipment
44,045

 
36,225

Land improvements
4,640

 
4,703

Land
91,731

 
69,973

 
767,293

 
570,998

Accumulated depreciation
(108,916
)
 
(88,701
)
 
$
658,377

 
$
482,297
Schedule of Future Minimum Rental Payments Receivable for Operating Leases
As of June 30, 2012, the future minimum rental income from the Company’s properties under non-cancelable operating leases is as follows (in thousands):
July 1, 2012 through December 31, 2012
$
50,633

2,013
101,267

2,014
101,267

2,015
101,267

2,016
101,267

Thereafter
711,325

 
$
1,167,026

 
 
As of December 31, 2011, the future minimum rental income from the Company’s properties under non-cancelable operating leases is as follows (in thousands):
 
 
2012
$
94,632

2013
94,632

2014
94,632

2015
94,632

2016
94,632

Thereafter
643,085

 
 
 
$
1,116,245