XML 27 R50.htm IDEA: XBRL DOCUMENT v3.3.0.814
Loans Receivable (Details)
$ in Thousands, £ in Millions
1 Months Ended 3 Months Ended 9 Months Ended
Nov. 03, 2014
USD ($)
Aug. 29, 2014
USD ($)
Oct. 31, 2015
USD ($)
Sep. 30, 2015
GBP (£)
property
Apr. 30, 2015
GBP (£)
property
Feb. 28, 2015
GBP (£)
Feb. 28, 2015
USD ($)
Nov. 30, 2014
GBP (£)
property
item
Sep. 30, 2014
USD ($)
Sep. 30, 2015
GBP (£)
Sep. 30, 2015
USD ($)
Sep. 30, 2014
USD ($)
Sep. 30, 2015
USD ($)
May. 31, 2015
GBP (£)
May. 31, 2015
USD ($)
Feb. 28, 2015
USD ($)
Dec. 31, 2014
USD ($)
Nov. 30, 2014
USD ($)
Jun. 30, 2013
USD ($)
Jul. 31, 2012
USD ($)
Loans Receivable:                                        
Mezzanine                         $ 696,877       $ 799,064      
Loan receivable, other                         90,650       135,363      
Unamortized discounts, fees and costs                         (8,524)       (14,056)      
Allowance for loan losses                         (13,410)       (13,410)      
Loans receivable, net                         $ 765,593       906,961      
Percentage of Loan Portfolio       100.00%           100.00%     100.00%              
Loans and Leases Receivable, Gross                           £ 27 $ 42,000          
Performing Loans                                        
Loans Receivable:                                        
Loans receivable, net                         $ 748,606              
Workout Loans                                        
Loans Receivable:                                        
Loans receivable, net                         16,987              
NHP[Member]                                        
Loans Receivable:                                        
Number of facilities | property               273                        
Number of beds | item               12,500                        
Real Estate Secured                                        
Loans Receivable:                                        
Loan receivable, other                         90,650       135,363      
Loans receivable, net                         $ 90,650       135,363      
Percentage of Loan Portfolio       12.00%           12.00%     12.00%              
Real Estate Secured | Performing Loans                                        
Loans Receivable:                                        
Loans receivable, net                         $ 90,650              
Other Secured                                        
Loans Receivable:                                        
Mezzanine                         696,877       799,064      
Unamortized discounts, fees and costs                         (8,524)       (14,056)      
Allowance for loan losses                         (13,410)       (13,410)      
Loans receivable, net                         $ 674,943       771,598      
Remaining commitments to fund development projects                     $ 2,000                  
Percentage of Loan Portfolio       88.00%           88.00%     88.00%              
Other Secured | Performing Loans                                        
Loans Receivable:                                        
Loans receivable, net                         $ 657,956              
Other Secured | Workout Loans                                        
Loans Receivable:                                        
Loans receivable, net                         16,987              
HC-One Facility                                        
Loans Receivable:                                        
Mezzanine       £ 269           £ 269     408,000              
Loan receivable, other               £ 363                   $ 574,000    
Unamortized discounts, fees and costs       4           4     6,000              
Remaining commitments to fund development projects                   40 60,000                  
Number of facilities | property         36                              
Loan facility maximum           £ 502   £ 395               $ 795,000        
Loan receivable term               5 years                        
Proceeds from Lines of Credit | £               £ 355                        
Increase in loan facility       £ 11   £ 108 $ 164,000                          
Amount of facility converted into sale/leaseback | £         £ 174                              
Non-call period shortened       17 months                                
Paydown from disposition proceeds without a prepayment premium | £       £ 34                                
Number of properties spinoff into a separate joint venture | property       36                                
Term to retain security over the spinoff properties       2 years                                
Cash payments received from borrower                   £ 29 $ 45,000                  
Brookdale receivable                                        
Loans Receivable:                                        
Loan receivable, face amount   $ 68,000                                    
Cash payments received from borrower $ 68,000                                      
Percentage of equity interest as collteral for secured borrowings   20.00%                                    
Initial interest rate (as a percentage)   7.00%                                    
Tandem Health Care Loan                                        
Loans Receivable:                                        
Loan receivable, other                         256,000              
Loan facility maximum                                       $ 205,000
Loan receivable subordinated to senior mortgage debt                         $ 382,000              
Loan receivable, interest rate payable (as a percent)       11.50%           11.50%     11.50%              
Tandem Health Care Loan - First Tranche                                        
Loans Receivable:                                        
Loan receivable, other                                       $ 100,000
Loan receivable, interest rate payable (as a percent)       12.00%           12.00%     12.00%              
Tandem Health Care Loan - Second Tranche                                        
Loans Receivable:                                        
Loan receivable, other                                     $ 102,000  
Loan receivable, interest rate payable (as a percent)       14.00%           14.00%     14.00%              
Tandem Health Care Loan Third Tranche [Member]                                        
Loans Receivable:                                        
Loan receivable, other                             50,000          
Loan receivable, interest rate payable (as a percent)       6.00%           6.00%     6.00%              
Tandem Health Care Loan Fourth Tranche [Member]                                        
Loans Receivable:                                        
Loan receivable, other                             $ 5,000          
Loan receivable, interest rate payable (as a percent)       6.00%           6.00%     6.00%              
Delphis                                        
Loans Receivable:                                        
Allowance for loan losses                         $ (13,000)       (13,000)      
Loans receivable, net reported amount                         $ 17,000       $ 17,000      
Cash payments received from borrower                 $ 600     $ 600                
Delphis | Subsequent event                                        
Loans Receivable:                                        
Cash payments received from borrower     $ 23,000                                  
Loan receivable impairment recovery recognized     $ 6,000