Real Estate Loans Receivable

3 Months Ended

Mar. 31, 2014

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):

		Three Months Ended
		March 31, 2014						March 31, 2013
		Seniors						Seniors
		Housing		Medical				Housing		Medical
		Triple-net		Facilities		Totals		Triple-net		Facilities		Totals
Advances on real estate loans receivable:
	Investments in new loans	$	1,203	$	-	$	1,203	$	416	$	-	$	416
	Draws on existing loans		21,823		6,683		28,506		10,271		1,284		11,555
	Net cash advances on real estate loans		23,026		6,683		29,709		10,687		1,284		11,971
Receipts on real estate loans receivable:
	Loan payoffs		500		-		500		42,865		-		42,865
	Principal payments on loans		9,996		150		10,146		6,343		718		7,061
	Total receipts on real estate loans		10,496		150		10,646		49,208		718		49,926
Net cash advances (receipts) on real estate loans			12,530		6,533		19,063		(38,521)		566		(37,955)
Change in balance due to foreign currency translation			192		-		192		-		-		-
Net change in real estate loans receivable		$	12,722	$	6,533	$	19,255	$	(38,521)	$	566	$	(37,955)

We recorded no provision for loan losses during the three months ended March 31, 2014. At March 31, 2014, there were no real estate loans with outstanding balances on non-accrual status and no allowances for loan losses were recorded.