Real Estate Loans Receivable

9 Months Ended

Sep. 30, 2013

Real Estate Loans Receivable [Abstract]

Real Estate Loans Receivable

6. Real Estate Loans Receivable

     The following is a summary of our real estate loan activity for the periods presented (in thousands):

		Nine Months Ended
		September 30, 2013						September 30, 2012
		Seniors						Seniors
		Housing		Medical				Housing		Medical
		Triple-net		Facilities		Totals		Triple-net		Facilities		Totals
Advances on real estate loans receivable:
	Investments in new loans	$	27,392	$	4,095	$	31,487	$	1,154	$	0	$	1,154
	Draws on existing loans		42,772		3,077		45,849		33,710		1,030		34,740
	Net cash advances on real estate loans		70,164		7,172		77,336		34,864		1,030		35,894
Receipts on real estate loans receivable:
	Loan payoffs		65,768		646		66,414		450		0		450
	Principal payments on loans		16,972		2,169		19,141		14,204		1,923		16,127
	Total receipts on real estate loans		82,740		2,815		85,555		14,654		1,923		16,577
Net cash advances (receipts) on real estate loans			(12,576)		4,357		(8,219)		20,210		(893)		19,317
Change in balance due to foreign currency translation			765		0		765		0		0		0
Net change in real estate loans receivable		$	(11,811)	$	4,357	$	(7,454)	$	20,210	$	(893)	$	19,317

We recorded no provision for loan losses during the nine months ended September 30, 2013. At September 30, 2013, we had real estate loans with outstanding balances of $2,650,000on non-accrual status with an allowance for loan losses of $0.