DIRECT FINANCING LEASES (Tables)

12 Months Ended

Dec. 31, 2018

Direct Financing Leases [Abstract]

Schedule of Components of Investment in Direct Financing Leases

The components of investments in direct financing leases consist of the following:

	December 31,
	2018		2017
	(in thousands)
Minimum lease payments receivable	$	28,294	$	64,893
Less unearned income		(16,577)		(37,633)
Investment in non-Orianna direct financing leases		11,717		27,260
Investment in Orianna direct financing leases		223,745		509,877
Less allowance for loss on Orianna direct financing leases		(103,200)		(172,172)
Investment in direct financing leases – net	$	132,262	$	364,965
Properties subject to direct financing leases		17		41
Number of direct financing leases		3		5

Schedule of investment in the direct financing leases by operator

The following table summarizes our investments in the direct financing leases by operator, net of allowance for loss:

	December 31,
	2018		2017
	(in thousands)
Orianna	$	120,545	$	337,705
Reliance Health Care Management, Inc.		—		15,458
Sun Mar Healthcare		11,491		11,481
Markleysburg Healthcare Investors, LP		226		321
Investment in direct financing leases - net	$	132,262	$	364,965

Schedule of Rents Due Under Direct Financing Leases

The following minimum rents are due under our direct financing leases for the next five years (in thousands):

2019 (1)		2020 (1)		2021 (1)		2022 (1)		2023 (1)
$	1,177	$	1,170	$	1,084	$	1,106	$	1,128

(1)Amounts due fromOrianna have been excluded from the contractual minimum rent payments due under our direct financing leases. See below for additional information and Note 24 – Subsequent Events.