Real Estate Loans Receivable

9 Months Ended

Sep. 30, 2016

Real Estate Loans Receivable [Abstract]

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, 2016						September 30, 2015
				Outpatient						Outpatient
		Triple-net		Medical		Totals		Triple-net		Medical		Totals
Advances on real estate loans receivable:
	Investments in new loans	$	8,223	$	-	$	8,223	$	392,278	$	-	$	392,278
	Draws on existing loans		94,622		2,651		97,273		51,422		2,285		53,707
	Net cash advances on real estate loans		102,845		2,651		105,496		443,700		2,285		445,985
Receipts on real estate loans receivable:
	Loan payoffs		251,293		27,303		278,596		52,088		-		52,088
	Principal payments on loans		6,553		-		6,553		19,023		-		19,023
	Sub-total		257,846		27,303		285,149		71,111		-		71,111
	Less: Non-cash activity		(45,044)		(15,013)		(60,057)		-		-		-
	Net cash receipts on real estate loans		212,802		12,290		225,092		71,111		-		71,111
Net cash advances (receipts) on real estate loans			(109,957)		(9,639)		(119,596)		372,589		2,285		374,874
Change in balance due to foreign currency translation			(9,819)		-		(9,819)		(2,131)		-		(2,131)
Net change in real estate loans receivable		$	(164,820)	$	(24,652)	$	(189,472)	$	370,458	$	2,285	$	372,743

We recorded no provision for loan losses during the nine months ended September 30, 2016. At September 30, 2016, we had no real estate loans with outstanding balances on non-accrual status and no allowances for loan losses were recorded.