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Investment Activity (Tables)
6 Months Ended
Jun. 30, 2018
Schedule of Construction Mortgage Loans With Funding Commitments

  As of June 30, 2018, the Company had two construction mortgage loans with funding commitments of up to $25.0 million, which are detailed in the table below (dollars in thousands):  

Investment

 

Origination Date

 

Total Commitment

 

 

Outstanding Balance at June 30, 2018

 

Sequel Construction Mortgage Loan

 

October 2017

 

$

6,000

 

 

$

5,280

 

Haven Construction Mortgage Loan

 

January 2018

 

 

19,000

 

 

 

8,625

 

Total

 

 

 

$

25,000

 

 

$

13,905

 

 

Sales Revenue, Net | Credit Concentration Risk  
Concentrations of Credit Risks

The following table contains information regarding tenant concentration in the Company’s portfolio, based on the percentage of revenue for the six months ended June 30, 2018 and 2017, related to tenants, or affiliated tenants, that exceed 10% of revenues:

 

 

 

% of Total Revenue for the

six months ended June 30,

 

 

 

2018

 

 

2017

 

Texas Ten Tenant

 

23.2%

 

 

24.9%

 

Baylor Scott & White Health

 

21.4%

 

 

25.3%

 

Fundamental Healthcare

 

14.4%

 

 

15.2%

 

Life Generations Healthcare

 

12.6%

 

 

14.8%

 

Vibra Healthcare

 

11.4%

 

 

13.4%

 

 

Sales Revenue, Net | Geographic Concentration Risk  
Concentrations of Credit Risks

The following table contains information regarding the geographic concentration of the properties in the Company’s portfolio as of June 30, 2018, which includes percentage of rental income for the six months ended June 30, 2018 and 2017 (dollars in thousands):

 

 

 

 

 

 

 

 

 

% of Total

 

 

% of Rental Income

 

State

 

Number of

Properties

 

Gross Investment

 

 

Real Estate                              Property Investments

 

 

Six months ended

June 30, 2018

 

 

Six months ended

June 30, 2017

 

Texas

 

17

 

$

300,259

 

 

51.2%

 

 

59.8%

 

 

62.4%

 

California

 

7

 

 

154,726

 

 

26.3%

 

 

21.5%

 

 

24.7%

 

Nevada

 

4

 

 

64,350

 

 

10.9%

 

 

11.6%

 

 

9.4%

 

South Carolina

 

1

 

 

20,000

 

 

3.4%

 

 

3.1%

 

 

3.5%

 

Indiana

 

3

 

 

38,389

 

 

6.5%

 

 

2.5%

 

 

-

 

Connecticut

 

1

 

 

10,133

 

 

1.7%

 

 

1.5%

 

 

0.0%

 

 

 

33

 

$

587,857

 

 

100.0%

 

 

100.0%

 

 

100.0%