XML 60 R50.htm IDEA: XBRL DOCUMENT v3.5.0.2
Summarized Condensed Consolidating Information - Condensed Consolidating Income Statements (Detail) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Dec. 31, 2015
Revenues:          
Rental income $ 22,781 $ 15,249 $ 43,678 $ 30,091  
Tenant reimbursements 1,929 1,288 3,726 2,546  
Independent living facilities 730 607 1,411 1,242  
Interest and other income 261 232 515 455  
Total revenues 25,701 17,376 49,330 34,334  
Expenses:          
Depreciation and amortization (including a below-market ground lease) 7,892 5,679 15,185 11,278  
Interest expense 5,440 5,989 11,627 11,890  
Property taxes 1,929 1,288 3,726 2,546  
Independent living facilities 598 566 1,218 1,168  
General and administrative 2,211 1,588 4,441 3,148  
Total expenses 18,070 15,110 36,197 30,030  
Income in Subsidiary 0 0 0 0  
Net income 7,631 2,266 13,133 4,304 $ 10,034
Reportable Legal Entities [Member] | Parent Guarantor [Member]          
Revenues:          
Rental income 0 0 0 0  
Tenant reimbursements 0 0 0 0  
Independent living facilities 0 0 0 0  
Interest and other income 0 0 0 0  
Total revenues 0 0 0 0  
Expenses:          
Depreciation and amortization (including a below-market ground lease) 0 0 0 0  
Interest expense 0 0 0 0  
Property taxes 0 0 0 0  
Independent living facilities 0 0 0 0  
General and administrative 438 309 871 309  
Total expenses 438 309 871 309  
Income in Subsidiary 8,069 2,575 14,004 4,613  
Net income 7,631 2,266 13,133 4,304  
Reportable Legal Entities [Member] | Issuers [Member]          
Revenues:          
Rental income 8,742 1,249 15,639 2,091  
Tenant reimbursements 697 77 1,263 129  
Independent living facilities 0 0 0 0  
Interest and other income 0 0 0 0  
Total revenues 9,439 1,326 16,902 2,220  
Expenses:          
Depreciation and amortization (including a below-market ground lease) 2,778 413 4,924 708  
Interest expense 5,434 4,573 10,806 9,065  
Property taxes 697 77 1,263 129  
Independent living facilities 0 0 0 0  
General and administrative 1,773 1,157 3,504 2,717  
Total expenses 10,682 6,220 20,497 12,619  
Income in Subsidiary 9,312 7,469 17,599 15,012  
Net income 8,069 2,575 14,004 4,613  
Reportable Legal Entities [Member] | Combined Subsidiary Guarantors [Member]          
Revenues:          
Rental income 11,306 11,275 22,581 22,550  
Tenant reimbursements 1,100 1,095 2,199 2,185  
Independent living facilities 730 607 1,411 1,242  
Interest and other income 261 232 515 455  
Total revenues 13,397 13,209 26,706 26,432  
Expenses:          
Depreciation and amortization (including a below-market ground lease) 4,408 4,519 8,841 9,063  
Interest expense 0 8 0 16  
Property taxes 1,100 1,095 2,199 2,185  
Independent living facilities 598 566 1,218 1,168  
General and administrative 0 95 49 95  
Total expenses 6,106 6,283 12,307 12,527  
Income in Subsidiary 0 0 0 0  
Net income 7,291 6,926 14,399 13,905  
Reportable Legal Entities [Member] | Combined Non-Guarantor Subsidiaries [Member]          
Revenues:          
Rental income 2,733 2,725 5,458 5,450  
Tenant reimbursements 132 116 264 232  
Independent living facilities 0 0 0 0  
Interest and other income 0 0 0 0  
Total revenues 2,865 2,841 5,722 5,682  
Expenses:          
Depreciation and amortization (including a below-market ground lease) 706 747 1,420 1,507  
Interest expense 6 1,408 821 2,809  
Property taxes 132 116 264 232  
Independent living facilities 0 0 0 0  
General and administrative 0 27 17 27  
Total expenses 844 2,298 2,522 4,575  
Income in Subsidiary 0 0 0 0  
Net income 2,021 543 3,200 1,107  
Elimination [Member]          
Revenues:          
Rental income 0 0 0 0  
Tenant reimbursements 0 0 0 0  
Independent living facilities 0 0 0 0  
Interest and other income 0 0 0 0  
Total revenues 0 0 0 0  
Expenses:          
Depreciation and amortization (including a below-market ground lease) 0 0 0 0  
Interest expense 0 0 0 0  
Property taxes 0 0 0 0  
Independent living facilities 0 0 0 0  
General and administrative 0 0 0 0  
Total expenses 0 0 0 0  
Income in Subsidiary (17,381) (10,044) (31,603) (19,625)  
Net income $ (17,381) $ (10,044) $ (31,603) $ (19,625)