Mortgage Notes Receivable

3 Months Ended

Mar. 31, 2012

Notes, Loans and Financing Receivable, Net [Abstract]

Mortgage Notes Receivable

MORTGAGE NOTES RECEIVABLE

At March 31, 2012, we had investments in mortgage notes receivable secured by real estate and UCC liens on the personal property of 30 health care properties. Certain of the notes receivable are also secured by guarantees of significant parties to the notes and by cross-collateralization of properties with the same owner.

We recognize interest income in the period in which cash is received on certain mortgage notes receivable which were previously classified as non-performing and have an aggregate carrying value of $6,319,000 at March 31, 2012.