Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2013

Fair Value Measurements

Schedule of assets and liabilities that were accounted for on a nonrecurring basis by level within the fair value hierarchy

The following table sets forth by level within the fair value hierarchy of our assets and liabilities that were accounted for on a nonrecurring basis as of December 31, 2012 (in thousands).

	Nonrecurring Fair Value Measurements At Report Date using:
	Fair Value as of December 31, 2012		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total Gains (Losses) for the Year Ended December 31, 2012
Medical office buildings	$	3,589	$	—	$	—	$	3,589	$	(615	)
Land	1,210		—		—		1,210		(232		)
Property under development	675		—		—		675		(90		)
	$	5,474	$	—	$	—	$	5,474	$	(937	)

Summary of quantitative inputs and assumptions used for items categorized in Level 3 for the fair value hierarchy

Asset Category	Fair value at December 31, 2012		Valuation Techniques	Unobservable Inputs	Ranges
Investment in real estate properties	$	4,799	Discounted cash flow	Discount rate Capitalization rate Vacancy rate	10.7-13.5% 7.7-10.5% 9.41-17.8%
Property under development	$	675	Market comparable/ Discounted cash flow	Capitalization rate	9-10%

Schedule of fair value of other financial instruments

The following table presents the fair value of other financial instruments (in thousands). The swaps are measured at fair value on a recurring basis.

	September 30,				December 31,
	2013				2012
	(unaudited)
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Cash	$	4,233	$	4,233	$	2,614	$	2,614
Debt	$	46,675	$	47,192	$	84,489	$	86,982
Interest rate swaps—Liabilities	$	437	$	437	$	643	$	643