Real Estate Loans Receivable (Tables)

3 Months Ended

Mar. 31, 2018

Real Estate Loans Receivable (Tables) [Abstract]

Summary of real estate loan activity

		Three Months Ended
		March 31, 2018								March 31, 2017
				Senior								Senior
				Housing		Outpatient						Housing		Outpatient
		Triple-net		Operating		Medical		Totals		Triple-net		Operating		Medical		Totals
Advances on real estate loans receivable:
	Investments in new loans	$	1,172	$	11,806	$	2,458	$	15,436	$	7,828	$	-	$	-	$	7,828
	Draws on existing loans		12,111		-		-		12,111		17,547		-		-		17,547
	Net cash advances on real estate loans		13,283		11,806		2,458		27,547		25,375		-		-		25,375
Receipts on real estate loans receivable:
	Loan payoffs		58,557		-		-		58,557		14,474		-		60,500		74,974
	Principal payments on loans		32,174		-		-		32,174		667		-		-		667
	Sub-total		90,731		-		-		90,731		15,141		-		60,500		75,641
	Less: Non-cash activity(1)		-		-		-		-		(6,349)		-		(60,500)		(66,849)
	Net cash receipts on real estate loans		90,731		-		-		90,731		8,792		-		-		8,792
Net cash advances (receipts) on real estate loans		$	(77,448)	$	11,806	$	2,458	$	(63,184)	$	16,583	$	-	$	-	$	16,583
(1) Triple-net represents acquisitions of assets previously financed as real estate loans. Please see Note 3 for additional information. Outpatient medical represents a deed in lieu of foreclosure on a previously financed first mortgage property.

		Three Months Ended
	March 31, 2018		March 31, 2017
Balance of impaired loans at end of period	$	214,896	$	317,049
Allowance for loan losses		68,372		6,196
Balance of impaired loans not reserved	$	146,524	$	310,853
Average impaired loans for the period	$	265,973	$	340,920
Interest recognized on impaired loans(1)		5,327		8,243
(1) Represents cash interest recognized in the period since loans were identified as impaired.