Subsequent Events

9 Months Ended

Sep. 30, 2016

Subsequent Events [Abstract]

Subsequent Events

Subsequent Events

Since September 30, 2016, the Trust, through subsidiaries of its Operating Partnership, closed on the below acquisitions:    

Property		Location	Acquisition Date	Purchase Price (in thousands)
Northwest Michigan Surgery Center	(1)	Traverse City, MI	October 28, 2016	$	29,448
United Surgical Partners J.V.	(2)	Scottsdale, AZ	October 31, 2016	903
				$	30,351

(1) The Trust’s acquisition of condominium units within the Northwest Michigan Surgery Center was funded through the unregistered issuance of 947,936 common shares of beneficial interest and nominal cash.

(2) The Trust’s investment in the United Surgical Partners J.V. represents a 43% ownership interest.