Document_and_Entity_Informatio
Document and Entity Information (USD $) | 12 Months Ended | ||
In Billions, except Share data, unless otherwise specified | Dec. 31, 2013 | Mar. 03, 2014 | Jun. 28, 2013 |
Document and Entity Information | ' | ' | ' |
Entity Registrant Name | 'SENIOR HOUSING PROPERTIES TRUST | ' | ' |
Entity Central Index Key | '0001075415 | ' | ' |
Document Type | '10-K | ' | ' |
Document Period End Date | 31-Dec-13 | ' | ' |
Amendment Flag | 'false | ' | ' |
Current Fiscal Year End Date | '--12-31 | ' | ' |
Entity Well-known Seasoned Issuer | 'Yes | ' | ' |
Entity Voluntary Filers | 'No | ' | ' |
Entity Current Reporting Status | 'Yes | ' | ' |
Entity Filer Category | 'Large Accelerated Filer | ' | ' |
Entity Public Float | ' | ' | $4.90 |
Entity Common Stock, Shares Outstanding | ' | 188,177,954 | ' |
Document Fiscal Year Focus | '2013 | ' | ' |
Document Fiscal Period Focus | 'FY | ' | ' |
CONSOLIDATED_BALANCE_SHEETS
CONSOLIDATED BALANCE SHEETS (USD $) | Dec. 31, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||
Real estate properties: | ' | ' |
Land | $623,756 | $599,313 |
Buildings, improvements and equipment | 4,639,869 | 4,420,302 |
Total real estate properties, gross | 5,263,625 | 5,019,615 |
Less accumulated depreciation | 840,760 | 714,687 |
Total real estate properties, net | 4,422,865 | 4,304,928 |
Cash and cash equivalents | 39,233 | 42,382 |
Restricted cash | 12,514 | 9,432 |
Investments in available for sale securities | 29,078 | 25,177 |
Deferred financing fees, net | 27,975 | 29,410 |
Due from affiliate | 19,618 | 18,331 |
Acquired real estate leases and other intangible assets, net | 103,494 | 113,986 |
Other assets | 109,889 | 204,356 |
Total assets | 4,764,666 | 4,748,002 |
LIABILITIES AND SHAREHOLDERS' EQUITY | ' | ' |
Unsecured revolving credit facility | 100,000 | 190,000 |
Senior unsecured notes, net of discount | 1,093,337 | 1,092,053 |
Secured debt and capital leases | 699,427 | 724,477 |
Accrued interest | 15,839 | 15,757 |
Due to affiliate | 11,876 | 11,527 |
Assumed real estate lease obligations, net | 12,528 | 13,482 |
Other liabilities | 54,670 | 54,138 |
Total liabilities | 1,987,677 | 2,101,434 |
Commitments and contingencies | ' | ' |
Shareholders' equity: | ' | ' |
Common shares of beneficial interest, $.01 par value: 199,700,000 shares authorized, 188,167,643 and 176,553,600 shares issued and outstanding at December 31, 2013 and 2012, respectively | 1,881 | 1,765 |
Additional paid in capital | 3,497,590 | 3,233,354 |
Cumulative net income | 1,194,985 | 1,043,821 |
Cumulative other comprehensive income | 8,412 | 4,562 |
Cumulative distributions | -1,925,879 | -1,636,934 |
Total shareholders' equity | 2,776,989 | 2,646,568 |
Total liabilities and shareholders' equity | $4,764,666 | $4,748,002 |
CONSOLIDATED_BALANCE_SHEETS_Pa
CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $) | Dec. 31, 2013 | Dec. 31, 2012 |
CONSOLIDATED BALANCE SHEETS | ' | ' |
Common shares of beneficial interest, par value (in dollars per share) | $0.01 | $0.01 |
Common shares of beneficial interest, shares authorized | 199,700,000 | 199,700,000 |
Common shares of beneficial interest, shares issued | 188,167,643 | 176,553,600 |
Common shares of beneficial interest, shares outstanding | 188,167,643 | 176,553,600 |
CONSOLIDATED_STATEMENTS_OF_INC
CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (USD $) | 12 Months Ended | ||
In Thousands, except Per Share data, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Revenues: | ' | ' | ' |
Rental income | $459,380 | $450,769 | $412,180 |
Residents fees and services | 302,058 | 184,031 | 27,851 |
Total revenues | 761,438 | 634,800 | 440,031 |
Expenses: | ' | ' | ' |
Property operating expenses | 299,878 | 197,696 | 65,400 |
Depreciation | 153,026 | 139,042 | 110,959 |
General and administrative | 32,657 | 31,517 | 26,041 |
Acquisition related costs | 3,378 | 9,394 | 12,239 |
Impairment of assets | 7,989 | 3,071 | 1,990 |
Total expenses | 496,928 | 380,720 | 216,629 |
Operating income | 264,510 | 254,080 | 223,402 |
Interest and other income | 711 | 1,117 | 1,451 |
Interest expense | -117,819 | -117,240 | -98,262 |
Loss on early extinguishment of debt | -797 | -6,349 | -427 |
Gain on lease terminations | ' | 375 | ' |
Income from continuing operations before income tax expense and equity in earnings of an investee | 146,605 | 131,983 | 126,164 |
Income tax expense | -600 | -375 | -312 |
Equity in earnings of an investee | 334 | 316 | 139 |
Income from continuing operations | 146,339 | 131,924 | 125,991 |
Discontinued operations: | ' | ' | ' |
Income from discontinued operations | 5,043 | 4,061 | 4,113 |
Loss on asset impairment from discontinued operations | -37,610 | ' | ' |
Income before gain (loss) on sale of properties | 113,772 | 135,985 | 130,104 |
Gain (loss) on sale of properties | 37,392 | -101 | 21,315 |
Net income | 151,164 | 135,884 | 151,419 |
Other comprehensive income: | ' | ' | ' |
Change in net unrealized gain / loss on investments | 3,901 | 8,312 | -17,383 |
Share of comprehensive (loss) income of an investee | -51 | 22 | 75 |
Comprehensive income | $155,014 | $144,218 | $134,111 |
Weighted average shares outstanding (in shares) | 187,251 | 169,176 | 149,577 |
Net income per share: | ' | ' | ' |
Income from continuing operations per share (in dollars per share) | $0.98 | $0.78 | $0.98 |
(Loss) income from discontinued operations per share (in dollars per share) | ($0.17) | $0.02 | $0.03 |
Net income per share (in dollars per share) | $0.81 | $0.80 | $1.01 |
CONSOLIDATED_STATEMENTS_OF_SHA
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (USD $) | Total | Common Shares | Additional Paid-in Capital | Cumulative Net Income | Cumulative Distributions | Unrealized Gain (Loss) on Investments |
In Thousands, except Share data, unless otherwise specified | ||||||
Balance at Dec. 31, 2010 | $2,127,977 | $1,418 | $2,510,373 | $756,518 | ($1,153,868) | $13,536 |
Balance (in shares) at Dec. 31, 2010 | ' | 141,854,657 | ' | ' | ' | ' |
Increase (Decrease) in Shareholders' Equity | ' | ' | ' | ' | ' | ' |
Comprehensive income | 134,111 | ' | ' | 151,419 | ' | -17,308 |
Distributions | -223,529 | ' | ' | ' | -223,529 | ' |
Issuance of shares | 432,233 | 207 | 432,026 | ' | ' | ' |
Issuance of shares (in shares) | ' | 20,700,000 | ' | ' | ' | ' |
Share grants | 1,814 | 1 | 1,813 | ' | ' | ' |
Share grants (in shares) | ' | 91,389 | ' | ' | ' | ' |
Balance at Dec. 31, 2011 | 2,472,606 | 1,626 | 2,944,212 | 907,937 | -1,377,397 | -3,772 |
Balance (in shares) at Dec. 31, 2011 | ' | 162,646,046 | ' | ' | ' | ' |
Increase (Decrease) in Shareholders' Equity | ' | ' | ' | ' | ' | ' |
Comprehensive income | 144,218 | ' | ' | 135,884 | ' | 8,334 |
Distributions | -259,537 | ' | ' | ' | -259,537 | ' |
Issuance of shares | 287,052 | 138 | 286,914 | ' | ' | ' |
Issuance of shares (in shares) | ' | 13,800,000 | ' | ' | ' | ' |
Share grants | 2,229 | 1 | 2,228 | ' | ' | ' |
Share grants (in shares) | ' | 107,554 | ' | ' | ' | ' |
Balance at Dec. 31, 2012 | 2,646,568 | 1,765 | 3,233,354 | 1,043,821 | -1,636,934 | 4,562 |
Balance (in shares) at Dec. 31, 2012 | 176,553,600 | 176,553,600 | ' | ' | ' | ' |
Increase (Decrease) in Shareholders' Equity | ' | ' | ' | ' | ' | ' |
Comprehensive income | 155,014 | ' | ' | 151,164 | ' | 3,850 |
Distributions | -288,945 | ' | ' | ' | -288,945 | ' |
Issuance of shares | 261,813 | 115 | 261,698 | ' | ' | ' |
Issuance of shares (in shares) | ' | 11,500,000 | ' | ' | ' | ' |
Share grants | 2,539 | 1 | 2,538 | ' | ' | ' |
Share grants (in shares) | ' | 114,043 | ' | ' | ' | ' |
Balance at Dec. 31, 2013 | $2,776,989 | $1,881 | $3,497,590 | $1,194,985 | ($1,925,879) | $8,412 |
Balance (in shares) at Dec. 31, 2013 | 188,167,643 | 188,167,643 | ' | ' | ' | ' |
CONSOLIDATED_STATEMENTS_OF_CAS
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Cash flows from operating activities: | ' | ' | ' |
Net income | $151,164 | $135,884 | $151,419 |
Adjustments to reconcile net income to cash provided by operating activities: | ' | ' | ' |
Depreciation | 153,825 | 141,456 | 113,265 |
Net amortization of debt discounts, premiums and deferred financing fees | 6,042 | 5,327 | 5,067 |
Straight line rental income | -7,080 | -13,849 | -11,457 |
Amortization of acquired real estate leases and other intangible assets | 3,656 | 1,597 | -93 |
Loss on early extinguishment of debt | 797 | 6,349 | 427 |
Impairment of assets | 45,599 | 3,071 | 1,990 |
Gain on lease terminations | ' | -375 | ' |
(Gain) loss on sale of properties | -37,392 | 101 | -21,315 |
Equity in (earnings) losses of an investee | -334 | -316 | -139 |
Change in assets and liabilities: | ' | ' | ' |
Restricted cash | -3,082 | -2,304 | -2,134 |
Other assets | -11,051 | 991 | -7,341 |
Accrued interest | 82 | -6,524 | 7,288 |
Other liabilities | 4,477 | 11,894 | 17,259 |
Cash provided by operating activities | 306,703 | 283,302 | 254,236 |
Cash flows from investing activities: | ' | ' | ' |
Real estate acquisitions and deposits | -193,303 | -316,769 | -797,113 |
Real estate improvements | -52,270 | -50,131 | -39,309 |
Loan receivable | ' | ' | -80,000 |
Principal payments on loan receivable | ' | 38,000 | 42,000 |
Investment in Five Star Quality Care, Inc. | ' | ' | -5,000 |
Proceeds from sale of properties | 92,550 | 1,041 | 38,663 |
Cash used for investing activities | -153,023 | -327,859 | -840,759 |
Cash flows from financing activities: | ' | ' | ' |
Proceeds from issuance of common shares, net | 261,813 | 287,052 | 432,233 |
Proceeds from issuance of unsecured senior notes, net of discount | ' | 350,000 | 541,984 |
Proceeds from borrowings on revolving credit facility | 275,000 | 669,000 | 690,000 |
Repayments of borrowings on revolving credit facility | -365,000 | -479,000 | -818,000 |
Redemption of senior notes | ' | -225,000 | ' |
Repayment of other debt | -36,371 | -266,528 | -9,711 |
Payment of deferred financing fees | -3,326 | -12,608 | -13,760 |
Distributions to shareholders | -288,945 | -259,537 | -223,529 |
Cash (used for) provided by financing activities | -156,829 | 63,379 | 599,217 |
(Decrease) increase in cash and cash equivalents | -3,149 | 18,822 | 12,694 |
Cash and cash equivalents at beginning of period | 42,382 | 23,560 | 10,866 |
Cash and cash equivalents at end of period | 39,233 | 42,382 | 23,560 |
SUPPLEMENTAL CASH FLOW INFORMATION: | ' | ' | ' |
Interest paid | 111,695 | 118,437 | 85,907 |
Income taxes paid | 600 | 389 | 264 |
NON-CASH INVESTING ACTIVITIES: | ' | ' | ' |
Acquisitions funded by assumed debt | -12,266 | -121,793 | -217,317 |
NON-CASH FINANCING ACTIVITIES: | ' | ' | ' |
Assumption of mortgage notes payable | 12,266 | 121,793 | 217,317 |
Issuance of common shares | $2,541 | $2,229 | $1,814 |
Organization
Organization | 12 Months Ended |
Dec. 31, 2013 | |
Organization | ' |
Organization | ' |
Note 1. Organization | |
We are a real estate investment trust, or REIT, organized under Maryland law. At December 31, 2013, we owned 375 properties (401 buildings) located in 40 states and Washington, D.C. | |
Summary_of_Significant_Account
Summary of Significant Accounting Policies | 12 Months Ended |
Dec. 31, 2013 | |
Summary of Significant Accounting Policies | ' |
Summary of Significant Accounting Policies | ' |
Note 2. Summary of Significant Accounting Policies | |
BASIS OF PRESENTATION. Our consolidated financial statements include the accounts of Senior Housing Properties Trust, or SNH, we, us or our, and our subsidiaries, all of which are 100% owned directly or indirectly by us. All intercompany transactions and balances with or among our consolidated subsidiaries have been eliminated. | |
REAL ESTATE PROPERTIES. We depreciate real estate properties on a straight line basis over estimated useful lives of up to 40 years for buildings and improvements and up to 12 years for personal property. Our management regularly evaluates whether events or changes in circumstances have occurred that could indicate an impairment in the value of long lived assets. If there is an indication that the carrying value of an asset is not recoverable, we estimate the projected undiscounted cash flows to determine if an impairment loss should be recognized. We determine the amount of any impairment loss by comparing the historical carrying value to estimated fair value. We estimate fair value through an evaluation of recent financial performance and projected discounted cash flows using standard industry valuation techniques. In addition to consideration of impairment upon the events or changes in circumstances described above, we regularly evaluate the remaining lives of our long lived assets. If we change our estimate of the remaining lives, we allocate the carrying value of the affected assets over their revised remaining lives. | |
We allocate the consideration paid, generally cash, for our properties among land, building and improvements, identified intangible assets and liabilities, generally consisting of the value of above market and below market leases, the value of in place leases, the value of tenant relationships and the fair value of any assumed liabilities. Purchase price allocations and the determination of useful lives are based on our estimates and, under some circumstances studies from independent real estate appraisal firms to provide market information and evaluations that are relevant to our purchase price allocations and determinations of useful lives; however, we are ultimately responsible for the purchase price allocations and determination of useful lives. | |
We allocate the consideration to land, building and improvements based on a determination of the fair values of these assets assuming the property is vacant. We determine the fair value of a property using methods that we believe are similar to those used by independent appraisers. Purchase price allocations to above market and below market leases are based on the estimated present value (using an interest rate which reflects our assessment of the risks associated with the leases acquired) of the difference between (i) the contractual amounts to be paid pursuant to the in place leases and (ii) our estimate of fair market lease rates for the corresponding leases, measured over a period equal to the remaining non-cancelable terms of the respective leases. Purchase price allocations to in place leases and tenant relationships are determined as the excess of (i) the purchase price paid for a property after adjusting existing in place leases to estimated market rental rates over (ii) the estimated fair value of the property as if vacant. We aggregate this value between in place lease values and tenant relationships based on our evaluation of the specific characteristics of each tenant's lease; however, the value of tenant relationships has not been separated from in place lease value for our properties because we believe such value and related amortization expense is immaterial for acquisitions reflected in our historical financial statements. We consider certain factors in performing these analyses including estimates of carrying costs during the expected lease up periods, including real estate taxes, insurance and other operating income and expenses and costs to execute similar leases in current market conditions, such as leasing commissions, legal and other related costs. If we believe the value of tenant relationships are material in the future, those amounts will be separately allocated and amortized over the estimated lives of the relationships. We recognize the excess, if any, of the consideration paid over amounts allocated to land, buildings and improvements and identified intangible assets and liabilities as goodwill. | |
We amortize capitalized above market lease values (included in acquired real estate leases in our consolidated balance sheets) as a reduction to rental income over the remaining non-cancelable terms of the respective leases. We amortize capitalized below market lease values (presented as acquired real estate lease obligations in our consolidated balance sheets) as an increase to rental income over the non-cancelable periods of the respective leases. We amortize the value of in place leases exclusive of the value of above market and below market in place leases to expense over the remaining non-cancelable periods of the respective leases. If a lease is terminated prior to its stated expiration, the unamortized amount relating to that lease is written off. | |
CASH AND CASH EQUIVALENTS. We carry cash and cash equivalents, consisting of overnight repurchase agreements and short term investments with original maturities of three months or less at the date of purchase, at cost plus accrued interest, which approximates fair value. | |
RESTRICTED CASH. Restricted cash consists of amounts escrowed for real estate taxes, insurance and capital expenditures at certain of our mortgaged properties and security deposits for tenants of our managed senior living communities. | |
INVESTMENTS IN AVAILABLE FOR SALE SECURITIES. We own 250,000 common shares, or 0.2% at December 31, 2013, of CommonWealth REIT, or CWH. We also own 4,235,000 common shares, or 8.7% at December 31, 2013, of Five Star Quality Care, Inc., or Five Star. We classify these holdings as available for sale and carry them at fair value, with unrealized gains and losses reported as a separate component of shareholders' equity. Cumulative other comprehensive income shown in our consolidated balance sheets includes the net unrealized gain or loss on investments determined as the net difference between the market value of these shares of CWH and Five Star calculated by using weighted average quoted market prices on the dates we acquired these shares ($26.00 and $3.36 per share, respectively) and on December 31, 2013 ($23.31 and $5.49 per share, respectively). At December 31, 2013 and 2012, our investment in CWH had a fair value of $5,828 and $3,960, respectively, including an unrealized loss of $673 and $2,540, respectively. At December 31, 2013 and 2012, our investment in Five Star had a fair value of $23,250 and $21,217, respectively, including an unrealized gain of $9,036 and $7,003, respectively. | |
EQUITY METHOD INVESTMENTS. We and the other seven current shareholders each currently own 12.5% of Affiliates Insurance Company, or AIC's, outstanding equity. Although we own less than 20% of AIC, we use the equity method to account for this investment because we believe that we have significant influence over AIC because all of our Trustees are also directors of AIC. Under the equity method, we record our percentage share of net earnings from AIC in our consolidated statements of income and comprehensive income. If we determine there is an "other than temporary impairment" in the fair value of this investment, we would record a charge to earnings. In evaluating the fair value of this investment, we have considered, among other things, the assets and liabilities held by AIC, AIC's overall financial condition and earning trends, and the financial condition and prospects for the insurance industry generally. See Note 5 for a further discussion of our investment in AIC. | |
DEFERRED FINANCING FEES. We capitalize issuance costs related to borrowings and amortize them over the terms of the respective loans. During 2013, we capitalized $3,326 of issuance costs, including $3,078 related to the amendment of our revolving credit facility in September 2013 and $248 related to our assumption of a mortgage loan during 2013. During 2012, we capitalized $12,608 of issuance costs, including $11,439 related to our $350,000 senior notes issued in July 2012, $1,125 related to our assumption of mortgage loans during 2012 and $44 related to our $300,000 senior notes issued in December 2011. During 2011, we capitalized $13,760 of issuance costs, including $6,723 related to refinancing our revolving credit facility in June 2011, $2,540 related to our assumption of mortgage loans during 2011, $2,487 related to our $300,000 senior notes issued in December 2011, $1,973 related to our $250,000 senior notes issued in January 2011 and $37 related to our $512,934 Federal National Mortgage Association, or FNMA, mortgage financing we closed in August 2009. During 2013, we wrote off $538 of unamortized deferred financing fees in connection with the amendment of our revolving credit facility in September 2013. During 2012, we wrote off $3,897 of unamortized deferred financing fees in connection with our prepayment of approximately $199,197 of the outstanding principal balance of our $512,934 FNMA mortgage financing we closed in August 2009. During 2011, we wrote off $427 of unamortized deferred financing fees in connection with the refinancing of our revolving credit facility. The unamortized gross balance of deferred financing fees and related accumulated amortization was $42,797 and $14,822, and $39,471 and $10,061 at December 31, 2013 and 2012, respectively. The weighted average amortization period is approximately 14.2 years. We expect that the amortization expense relating to the unamortized gross balance of deferred financing fees for the five years subsequent to December 31, 2013 will be $4,555 in 2014, $4,279 in 2015, $3,636 in 2016, $3,148 in 2017, $1,795 in 2018 and $10,562, thereafter. | |
DEFERRED LEASING COSTS. Deferred leasing costs include brokerage, legal and other fees associated with the successful negotiation of leases and are amortized on a straight line basis over the terms of the respective leases. Deferred leasing costs are included in other assets on our consolidated balance sheets. The unamortized gross balance of deferred leasing costs and related accumulated amortization was $10,542 and $2,687, and $6,917 and $1,793 at December 31, 2013 and 2012, respectively. The weighted average amortization period is approximately 6.8 years. We expect that the amortization expense for the five years subsequent to December 31, 2013 will be $1,516 in 2014, $1,386 in 2015, $1,197 in 2016, $930 in 2017, $804 in 2018 and $2,021, thereafter. | |
LOANS RECEIVABLE. Loans receivable are stated at the unpaid principal balance. We recognized interest income based on the contractual terms in the loan agreement, which is included in interest and other income on our consolidated statements of income and comprehensive income. | |
ALLOWANCE FOR DOUBTFUL ACCOUNTS. We maintain an allowance for doubtful accounts for estimated losses resulting from the inability or unwillingness of certain tenants to make payments required under their leases. The computation of the allowance is based on the tenants' payment histories and current credit profiles, as well as other considerations. The net amount of our accounts receivables from third parties appear in other assets on our consolidated balance sheets. | |
REVENUE RECOGNITION. We recognize rental income from operating leases on a straight line basis over the term of each lease agreement. We recognize percentage rents when realizable and earned, which is generally during the fourth quarter of the year. For the years ended December 31, 2013, 2012 and 2011, percentage rents earned aggregated $9,226, $10,859, and $11,313, respectively. | |
As of December 31, 2013, we own 44 senior living communities, including 34 communities that we acquired since June 2011 and the ten senior living communities formerly leased to Sunrise Senior Living, Inc., or Sunrise, that are managed by Five Star. We refer to these 44 communities as the managed senior living communities. We derive our revenues at these 44 managed senior living communities primarily from services to residents and we record revenues when services are provided. Our share of the net operating results of our managed senior living communities in excess of the minimum returns due to us, or additional returns, are generally determined annually. We recognize additional returns due to us under our management agreements at year end when all contingencies are met and the income is earned. We had no additional returns in 2013 and 2012. | |
EARNINGS PER COMMON SHARE. We compute earnings per common share using the weighted average number of shares outstanding during the period. We have no common share equivalents, instruments convertible into common shares or other dilutive instruments. | |
USE OF ESTIMATES. Accounting principles generally accepted in the United States requires us to make estimates and assumptions that may affect the amounts reported in these financial statements and related notes. The actual results could differ from these estimates. | |
INCOME TAXES. We have elected to be taxed as a REIT under the Internal Revenue Code of 1986, as amended, and as such are generally not subject to federal and most state income taxation on our operating income, provided we distribute our taxable income to our shareholders and meet certain organization and operating requirements. We do, however, lease nearly all of our managed senior living communities to our wholly owned taxable REIT subsidiaries, or TRSs, that, unlike most of our subsidiaries, file separate tax returns and are subject to federal and state income taxes. Our consolidated income tax provision includes the income tax provision related to the operations of our TRSs and certain state income taxes incurred by us, despite our REIT status. | |
The Income Taxes Topic of the Codification prescribes how we should recognize, measure and present in our financial statements uncertain tax positions that have been taken or are expected to be taken in a tax return. Deferred tax benefits are recognized to the extent that it is "more likely than not" that a particular tax position will be sustained upon examination or audit. To the extent the "more likely than not" standard has been satisfied, the benefit associated with a tax position is measured as the largest amount that has a greater than 50% likelihood of being realized upon settlement. We classify interest and penalties related to uncertain tax positions, if any, in our financial statements as a component of general and administrative expense. | |
SEGMENT REPORTING. As of December 31, 2013, we have four operating segments, of which three are separately reportable operating segments. The first operating segment includes triple net senior living communities that provide short term and long term residential care and dining services for residents. The second operating segment includes managed senior living communities that provide short term and long term residential care and dining services for residents. The third operating segment includes properties where medical related activities occur but where residential overnight stays and dining services are not provided. Properties in this segment include those leased to medical providers, medical related businesses, clinics and biotech laboratory tenants, or MOBs. The fourth operating segment includes the operating results of certain properties that offer fitness, wellness and spa services to members, which we do not consider to be sufficiently material as to constitute a separate reporting segment. | |
RECLASSIFICATIONS. We have made reclassifications to the prior years' financial statements to conform to the current year's presentation. These reclassifications had no effect on net income or shareholders' equity. | |
NEW ACCOUNTING PRONOUNCEMENTS. In January 2013, we adopted Financial Accounting Standards Board, or FASB, Accounting Standards Update No. 2013-02, Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income. This update is the culmination of the FASB's deliberation on reporting reclassification adjustments from accumulated other comprehensive income, or AOCI. This standard does not change the current requirements for reporting net income or other comprehensive income. However, it requires disclosure of amounts reclassified out of AOCI in their entirety, by component, on the face of the statement of operations or in the notes thereto. Amounts that are not required to be reclassified in their entirety to net income must be cross referenced to other disclosures that provide additional detail. This standard is effective prospectively for annual and interim reporting periods beginning after December 15, 2012. This update has not caused any material changes to the disclosures in, or the presentation of, our condensed consolidated financial statements. | |
Real_Estate_Properties
Real Estate Properties | 12 Months Ended | ||||||||||||||||||||||||||||||
Dec. 31, 2013 | |||||||||||||||||||||||||||||||
Real Estate Properties | ' | ||||||||||||||||||||||||||||||
Real Estate Properties | ' | ||||||||||||||||||||||||||||||
Note 3. Real Estate Properties | |||||||||||||||||||||||||||||||
Our real estate properties, excluding those classified as held for sale, at cost, consisted of land of $623,756, buildings and improvements of $4,423,517 and furniture, fixtures and equipment, or FF&E, of $216,352 as of December 31, 2013; and land of $599,313, buildings and improvements of $4,222,832 and FF&E of $197,470 as of December 31, 2012. Accumulated depreciation was $723,258 and $117,502 for buildings and improvements and FF&E, respectively, as of December 31, 2013; and $615,001 and $99,686 for buildings and improvements and FF&E, respectively, as of December 31, 2012. | |||||||||||||||||||||||||||||||
The future minimum lease payments due to us during the current terms of our leases as of December 31, 2013, are $407,401 in 2014, $391,338 in 2015, $372,131 in 2016, $329,421 in 2017, $289,009 in 2018 and $1,687,867 thereafter. | |||||||||||||||||||||||||||||||
See Note 10 for further information regarding our reportable operating segments. | |||||||||||||||||||||||||||||||
Triple Net Senior Living Communities Acquisitions: | |||||||||||||||||||||||||||||||
During 2013, we acquired one triple net senior living community with 150 living units for approximately $22,350, including the assumption of approximately $12,266 of mortgage debt and excluding closing costs. During 2012, we acquired four triple net senior living communities with a total of 511 living units for total purchase prices of approximately $36,500, including the assumption of approximately $6,876 of mortgage debt and excluding closing costs. Details of these acquisitions are as follows: | |||||||||||||||||||||||||||||||
Date | Location | Number | Units/ | Cash Paid | Land | Buildings | FF&E | Intangible | Assumed | Premium | |||||||||||||||||||||
of | Beds | plus | and | Assets | Debt | on Assumed | |||||||||||||||||||||||||
Properties | Assumed | Improvements | Debt | ||||||||||||||||||||||||||||
Debt(1) | |||||||||||||||||||||||||||||||
Triple Net Senior Living Communities Acquisitions during the year ended December 31, 2013: | |||||||||||||||||||||||||||||||
January 2013(2) | WA | 1 | 150 | $ | 22,350 | $ | 5,120 | $ | 16,562 | $ | 669 | $ | 1,039 | $ | 12,266 | $ | 1,040 | ||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
1 | 150 | $ | 22,350 | $ | 5,120 | $ | 16,562 | $ | 669 | $ | 1,039 | $ | 12,266 | $ | 1,040 | ||||||||||||||||
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Triple Net Senior Living Communities Acquisitions during the year ended December 31, 2012: | |||||||||||||||||||||||||||||||
July 2012(3) | Various | 4 | 511 | $ | 36,500 | $ | 4,100 | $ | 29,728 | $ | 1,400 | $ | 1,900 | $ | 6,876 | $ | 628 | ||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
4 | 511 | $ | 36,500 | $ | 4,100 | $ | 29,728 | $ | 1,400 | $ | 1,900 | $ | 6,876 | $ | 628 | ||||||||||||||||
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-1 | |||||||||||||||||||||||||||||||
Cash paid plus assumed debt, if any, excludes closing costs. | |||||||||||||||||||||||||||||||
-2 | |||||||||||||||||||||||||||||||
We leased this property to a subsidiary of Stellar Senior Living, LLC, or Stellar, for an initial term expiring in 2028 for initial rent of approximately $1,732 per year. Percentage rent, based on increases in gross revenues at this property, will commence in 2016. | |||||||||||||||||||||||||||||||
-3 | |||||||||||||||||||||||||||||||
We leased these properties to subsidiaries of Stellar, for an initial term expiring in 2027 for initial rent of approximately $2,920 per year. Percentage rent, based on increases in gross revenues at these properties, will commence in 2014. | |||||||||||||||||||||||||||||||
Managed Senior Living Communities Acquisitions: | |||||||||||||||||||||||||||||||
During 2013, we acquired five managed senior living communities with a total of 374 living units for total purchase prices of approximately $62,999, excluding closing costs. During 2012, we acquired seven managed senior living communities with a total of 948 living units for total purchase prices of approximately $187,462, including the assumption of approximately $41,814 of mortgage debt and excluding closing costs. Subsidiaries of Five Star, which we refer to together with Five Star, collectively, in these notes to our consolidated financial statements as Five Star, manage these communities pursuant to long term management agreements. As of December 31, 2013, we own 44 managed senior living communities that are managed by Five Star. We use the TRS structure authorized by the Real Estate Investment Trust Investment Diversification and Empowerment Act for nearly all of our managed senior living communities, which we began acquiring in June 2011. Details of these acquisitions are as follows: | |||||||||||||||||||||||||||||||
Date | Location | Number | Units/ | Cash Paid | Land | Buildings | FF&E | Intangible | Assumed | Premium | |||||||||||||||||||||
of | Beds | plus | and | Assets | Debt | on Assumed | |||||||||||||||||||||||||
Properties | Assumed | Improvements | Debt | ||||||||||||||||||||||||||||
Debt(1) | |||||||||||||||||||||||||||||||
Managed Senior Living Communities Acquisitions during the year ended December 31, 2013: | |||||||||||||||||||||||||||||||
Aug-13 | GA | 1 | 93 | $ | 22,030 | $ | 1,548 | $ | 18,666 | $ | 803 | $ | 1,013 | $ | — | $ | — | ||||||||||||||
Oct-13 | Various | 3 | 213 | 29,004 | 2,242 | 23,861 | 612 | 2,289 | — | — | |||||||||||||||||||||
Nov-13 | WI | 1 | 68 | 11,965 | 1,365 | 9,628 | 199 | 773 | — | — | |||||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
5 | 374 | $ | 62,999 | $ | 5,155 | $ | 52,155 | $ | 1,614 | $ | 4,075 | $ | — | $ | — | ||||||||||||||||
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Managed Senior Living Communities Acquisitions during the year ended December 31, 2012: | |||||||||||||||||||||||||||||||
Feb-12 | AL | 1 | 92 | $ | 11,300 | $ | 1,300 | $ | 9,071 | $ | 346 | $ | 583 | $ | — | $ | — | ||||||||||||||
May-12 | SC | 1 | 59 | 8,059 | 1,092 | 6,405 | 200 | 362 | 4,789 | — | |||||||||||||||||||||
Jul-12 | SC | 1 | 232 | 37,273 | 3,898 | 30,670 | 943 | 1,762 | — | — | |||||||||||||||||||||
Aug-12 | NY | 1 | 310 | 99,000 | 8,460 | 87,492 | 3,069 | 2,726 | 31,187 | 2,747 | |||||||||||||||||||||
Aug-12 | MO | 1 | 87 | 11,280 | 260 | 10,852 | 530 | 330 | 5,838 | 692 | |||||||||||||||||||||
Dec-12 | TN | 1 | 90 | 11,550 | 800 | 10,000 | 322 | 428 | — | — | |||||||||||||||||||||
Dec-12 | TX | 1 | 78 | 9,000 | 1,440 | 6,879 | 246 | 435 | — | — | |||||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
7 | 948 | $ | 187,462 | $ | 17,250 | $ | 161,369 | $ | 5,656 | $ | 6,626 | $ | 41,814 | $ | 3,439 | ||||||||||||||||
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-1 | |||||||||||||||||||||||||||||||
Cash paid plus assumed debt, if any, excludes closing costs. The allocation of the purchase price of our 2013 acquisitions shown above is based upon preliminary estimates of the fair value of assets acquired and liabilities assumed. The final amounts allocated to assets acquired and liabilities assumed could change significantly. | |||||||||||||||||||||||||||||||
See Note 5 for further information regarding the arrangements we have with Five Star regarding the lease, operations and management of our senior living communities. | |||||||||||||||||||||||||||||||
MOB Acquisitions: | |||||||||||||||||||||||||||||||
During 2013, we acquired six MOBs (seven buildings) with a total of 385,171 square feet for total purchase prices of approximately $117,475, excluding closing costs. During 2012, we acquired 12 MOBs (13 buildings) with a total of 839,194 square feet for total purchase prices of approximately $225,695, including the assumption of approximately $73,103 of mortgage debt and excluding closing costs. Details of these acquisitions are as follows: | |||||||||||||||||||||||||||||||
Date | Location | Number | Square | Cash Paid | Land | Buildings | Acquired | Acquired | Assumed | Premium | |||||||||||||||||||||
of | Feet | plus | and | Real Estate | Real Estate | Debt | on Assumed | ||||||||||||||||||||||||
Properties | Assumed | Improvements | Leases | Lease | Debt | ||||||||||||||||||||||||||
Debt(1) | Obligations | ||||||||||||||||||||||||||||||
MOB Acquisitions during the year ended December 31, 2013: | |||||||||||||||||||||||||||||||
Feb-13 | WA | 1 | 144,900 | $ | 38,000 | $ | 5,639 | $ | 27,213 | $ | 6,736 | $ | 1,588 | $ | — | $ | — | ||||||||||||||
Mar-13 | MS | 1 | 71,983 | 14,600 | 1,269 | 12,516 | 1,498 | 683 | — | — | |||||||||||||||||||||
August 2013(2) | MA | 1 | 105,462 | 49,500 | 4,559 | 44,941 | — | — | — | — | |||||||||||||||||||||
Dec-13 | FL | 3 | 62,826 | 15,375 | 2,432 | 11,165 | 1,778 | — | — | — | |||||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
6 | 385,171 | $ | 117,475 | $ | 13,899 | $ | 95,835 | $ | 10,012 | $ | 2,271 | $ | — | $ | — | ||||||||||||||||
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| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
MOB Acquisitions during the year ended December 31, 2012: | |||||||||||||||||||||||||||||||
May-12 | GA | 1 | 28,440 | $ | 8,600 | $ | 1,080 | $ | 6,138 | $ | 1,392 | $ | 10 | $ | — | $ | — | ||||||||||||||
May-12 | GA | 1 | 111,538 | 23,100 | 3,500 | 13,179 | 6,421 | — | — | — | |||||||||||||||||||||
Jun-12 | HI | 1 | 204,429 | 70,495 | 11,200 | 55,618 | 4,306 | 629 | 52,000 | — | |||||||||||||||||||||
Jun-12 | MD | 1 | 92,180 | 18,250 | 1,900 | 12,858 | 3,570 | 78 | — | — | |||||||||||||||||||||
Jul-12 | TX | 1 | 63,082 | 16,850 | 990 | 13,887 | 1,973 | — | — | — | |||||||||||||||||||||
Jul-12 | FL | 1 | 52,858 | 7,750 | 1,620 | 5,341 | 789 | — | — | — | |||||||||||||||||||||
Sep-12 | MA | 1 | 33,600 | 16,400 | 1,443 | 14,153 | 1,812 | — | 11,462 | 1,008 | |||||||||||||||||||||
Nov-12 | TN | 1 | 33,796 | 9,200 | 1,528 | 6,590 | 1,132 | 50 | — | — | |||||||||||||||||||||
Dec-12 | MN | 1 | 76,637 | 15,100 | 2,774 | 9,276 | 4,087 | 183 | 9,641 | 854 | |||||||||||||||||||||
Dec-12 | CO | 1 | 62,418 | 16,400 | 1,437 | 11,777 | 3,196 | 10 | — | — | |||||||||||||||||||||
Dec-12 | TX | 2 | 80,216 | 23,550 | 3,116 | 16,439 | 4,006 | 11 | — | — | |||||||||||||||||||||
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12 | 839,194 | $ | 225,695 | $ | 30,588 | $ | 165,256 | $ | 32,684 | $ | 971 | $ | 73,103 | $ | 1,862 | ||||||||||||||||
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-1 | |||||||||||||||||||||||||||||||
Cash paid plus assumed debt, if any, excludes closing costs. The allocation of the purchase price of certain of our 2013 acquisitions shown above is based upon preliminary estimates of the fair value of assets acquired and liabilities assumed. Consequently, amounts preliminarily allocated to assets acquired and liabilities assumed could change significantly from those used in these consolidated financial statements. | |||||||||||||||||||||||||||||||
-2 | |||||||||||||||||||||||||||||||
This acquisition is accounted for as an asset purchase. | |||||||||||||||||||||||||||||||
In February 2014, we entered into an agreement to acquire one MOB (two buildings) for approximately $1,125,420, excluding closing costs. The MOB is located in Massachusetts and includes 1,651,037 gross building square feet. The closing of this acquisition is contingent upon customary closing conditions; accordingly, we can provide no assurance that we will purchase this property, that the acquisition will not be delayed or that its terms will not change. | |||||||||||||||||||||||||||||||
In May 2012, we entered into an operations transfer agreement, or the Operations Transfer Agreement, with Sunrise and Five Star related to the ten communities that we were then leasing to Sunrise, pursuant to which we and Sunrise accelerated the December 31, 2013 termination date of these Sunrise leases, and we began leasing the ten communities to our TRS. Five Star is managing the ten communities pursuant to long term management agreements. As a result of these lease terminations, we recorded a gain on lease terminations of approximately $375 during the year ended December 31, 2012. Pursuant to the Operations Transfer Agreement, we paid Sunrise $1,000 to purchase the inventory and certain improvements owned by Sunrise at these ten communities, which were transferred to our managed senior living communities segment. | |||||||||||||||||||||||||||||||
In August and December 2013, we sold three properties, including one skilled nursing facility and two rehabilitation hospitals which were previously classified as held for sale, for combined sales prices of $92,550, excluding closing costs, and recognized an aggregate gain on sale of these properties of approximately $37,392. In July 2012, we sold one MOB (one building) located in Massachusetts with approximately 18,900 square feet for a sale price of approximately $1,100 and recorded a loss on the sale of this property of approximately $101. | |||||||||||||||||||||||||||||||
In January 2014, we sold one senior living community located in Texas for a sale price of $2,400, excluding closing costs. | |||||||||||||||||||||||||||||||
We amortize capitalized above market lease values (included in acquired real estate leases and other intangible assets in our consolidated balance sheets) as a reduction in rental income over the remaining non-cancelable terms of the respective leases. We amortize capitalized below market lease values (presented as acquired real estate lease obligations in our consolidated balance sheets) as an increase in rental income over the non-cancelable periods of the respective leases. Such amortization resulted in a reduction in rental income of $3,656 during the year ended December 31, 2013, a reduction in rental income of $1,597 during the year ended December 31, 2012, and an increase in rental income of $93 during the year ended December 31, 2011. We amortize the value of in place leases exclusive of the value of above market and below market in place leases to expense over the remaining non-cancelable periods of the respective leases. Such amortization included in depreciation and amortization totaled $22,718, $19,340, $11,318 during the years ended December 31, 2013, 2012 and 2011, respectively. If a lease is terminated prior to its stated expiration, the unamortized amount relating to that lease is written off. | |||||||||||||||||||||||||||||||
At December 31, 2013 and 2012, we had recorded intangible lease assets of $166,247, including $44,279 of capitalized above market lease values and $121,968 of the value of in place leases, and $161,419, including $45,290 of capitalized above market lease values and $116,129 of the value of in place leases, and intangible lease liabilities of $22,170 and $21,978, respectively. We recorded intangible lease assets of $17,131 and $41,764 and intangible lease liabilities of $2,271 and $971 for properties acquired in 2013 and 2012, respectively. Accumulated amortization of capitalized above market lease values was $16,148 and $13,675 at December 31, 2013 and 2012, respectively. The weighted average remaining amortization period of capitalized above market lease values is approximately 6.0 years. Accumulated amortization of capitalized below market lease values was $9,642 and $8,286 at December 31, 2013 and 2012, respectively. The weighted average amortization period of capitalized below market lease values is approximately 6.9 years. Accumulated amortization of the value of in place leases exclusive of the value of above and below market in place leases was $46,605 and $31,907 at December 31, 2013 and 2012, respectively. The weighted average amortization period of the value of in place leases exclusive of the value of above and below market in place leases is approximately 5.8 years. We expect to recognize net future amortization of these intangible lease assets and liabilities in the amounts of approximately $22,762 in 2014, $17,964 in 2015, $15,478 in 2016, $11,987 in 2017, $8,393 in 2018 and $14,384, thereafter. | |||||||||||||||||||||||||||||||
Impairment | |||||||||||||||||||||||||||||||
We periodically evaluate our properties for impairments. Impairment indicators may include declining tenant occupancy, weak or declining tenant profitability, cash flow or liquidity, our decision to dispose of an asset before the end of its estimated useful life and legislative, market or industry changes that could permanently reduce the value of a property. If indicators of impairment are present, we evaluate the carrying value of the affected property by comparing it to the expected future undiscounted net cash flows to be generated from that property. If the sum of these expected future net cash flows is less than the carrying value, we reduce the net carrying value of the property to its estimated fair value. During 2013, we recorded an impairment of assets charge of $1,304 to reduce the carrying value of one of our properties to its estimated net sale price. During 2012, we recorded an impairment of assets charge of $3,071 to reduce the carrying value of one of our properties to its estimated net sale price. During 2011, we recorded impairment of assets charges of $1,990 to reduce the carrying value of four of our properties to their estimated net sales prices. | |||||||||||||||||||||||||||||||
As of December 31, 2013, we had 10 senior living communities with 744 living units and four MOBs (seven buildings) with 831,499 square feet categorized as properties held for sale. During 2013, we recorded impairment of assets charges of $44,295 to reduce the carrying value of 11 of these 17 properties to their aggregate estimated net sale price. These properties are included in other assets in our consolidated balance sheets and have a net book value (after impairment) of approximately $27,888 at December 31, 2013. As of December 31, 2012, we had one senior living community with 120 units held for sale (which is included within the 10 senior living communities held for sale as of December 31, 2013). This property is included in other assets in our consolidated balance sheets and had a net book value (after impairment) of approximately $850 at December 31, 2012. We decided to sell these properties due to underlying conditions in the markets where these properties are located. We classify all properties that meet the criteria outlined in the Property, Plant and Equipment Topic of the FASB Accounting Standards Codification, or the Codification, as held for sale within other assets in our consolidated balance sheets. | |||||||||||||||||||||||||||||||
Results of operations for properties sold or held for sale are included in discontinued operations in our consolidated statements of operations once the criteria for discontinued operations in the Presentation of Financial Statements Topic of the Codification are met. Summarized income statement information for the four MOBs (seven buildings) that meet the criteria for discontinued operations is included in discontinued operations as follows: | |||||||||||||||||||||||||||||||
For the year ended December 31, | |||||||||||||||||||||||||||||||
2013 | 2012 | 2011 | |||||||||||||||||||||||||||||
Rental income | $ | 9,451 | $ | 10,042 | $ | 9,986 | |||||||||||||||||||||||||
Property operating expenses | (3,609 | ) | (3,567 | ) | (3,567 | ) | |||||||||||||||||||||||||
Depreciation and amortization | (799 | ) | (2,414 | ) | (2,306 | ) | |||||||||||||||||||||||||
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Income from discontinued operations | $ | 5,043 | $ | 4,061 | $ | 4,113 | |||||||||||||||||||||||||
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During 2013 and 2012, pursuant to the terms of our existing leases with Five Star, we purchased $27,208 and $30,520, respectively, of improvements made to our properties leased to Five Star, and, as a result, the annual rent payable to us by Five Star increased by approximately $2,177 and $2,456, respectively. | |||||||||||||||||||||||||||||||
We committed $9,727 for expenditures related to 771,000 square feet of leases executed during 2013. Committed and unspent tenant related obligations based on executed leases as of December 31, 2013, were $9,024. | |||||||||||||||||||||||||||||||
Shareholders_Equity
Shareholders' Equity | 12 Months Ended | |||||||
Dec. 31, 2013 | ||||||||
Shareholders' Equity | ' | |||||||
Shareholders' Equity | ' | |||||||
Note 4. Shareholders' Equity | ||||||||
We have common shares available for issuance under the terms of our equity compensation plan, as then in effect, or our Share Award Plan. We awarded 82,600 common shares with an aggregate market value of $1,888, 78,492 common shares with an aggregate market value of $1,775 and 72,450 common shares with an aggregate market value of $1,732 to our officers and certain employees of Reit Management & Research LLC, or RMR, pursuant to our Share Award Plan during the years ended December 31, 2013, 2012 and 2011, respectively. In addition, we awarded each of our Trustees 2,000 common shares in each of 2013, 2012 and 2011 with an aggregate market value of $286 ($57 to each Trustee), $205 ($41 to each Trustee) and $234 ($47 to each Trustee), respectively, pursuant to our Share Award Plan as part of their annual fees. Shares awarded to the Trustees vest immediately. The shares awarded to our officers and certain employees of our manager vest in five equal annual installments beginning on the date of grant. We include the value of awarded shares in general and administrative expenses in our consolidated income statement at the time the awards vest. At December 31, 2013, 2,819,433 of our common shares remain available for issuance under our Share Award Plan. | ||||||||
A summary of shares granted and vested under the terms of our Share Award Plan from January 1, 2011 to December 31, 2013 is as follows: | ||||||||
Number of Shares | Weighted Average | |||||||
Grant Date | ||||||||
Fair Value | ||||||||
Unvested shares at December 31, 2010 | 118,670 | $ | 21.83 | |||||
Shares granted in 2011 | 82,450 | $ | 23.84 | |||||
Shares vested in 2011 | (68,500 | ) | $ | 23.36 | ||||
| | | | | | | | |
Unvested shares at December 31, 2011 | 132,620 | $ | 22.86 | |||||
Shares granted in 2012 | 87,092 | $ | 22.38 | |||||
Shares vested in 2012 | (79,678 | ) | $ | 22.18 | ||||
| | | | | | | | |
Unvested shares at December 31, 2012 | 140,034 | $ | 23.03 | |||||
Shares granted in 2013 | 92,075 | $ | 23.48 | |||||
Shares vested in 2013 | (81,398 | ) | $ | 23.85 | ||||
| | | | | | | | |
Unvested shares at December 31, 2013 | 150,711 | $ | 23.84 | |||||
| | | | | | | | |
| | | | | | | | |
The 150,711 unvested shares as of December 31, 2013 are scheduled to vest as follows: 57,554 shares in 2014, 45,174 shares in 2015, 31,533 shares in 2016 and 16,450 shares in 2017. As of December 31, 2013, the estimated future compensation for the unvested shares was $3,350 based on the closing share price of $22.23 on December 31, 2013. The weighted average period over which the compensation expense will be recorded is approximately 1.5 years. We recorded share based compensation expense of $1,961 in 2013, $1,827 in 2012 and $1,659 in 2011. | ||||||||
On January 3, 2014, we declared a quarterly distribution of $0.39 per share, or $73,385, to our common shareholders of record on January 13, 2014, with respect to our operating results for the quarter ended December 31, 2013; we paid this distribution on February 21, 2014, using cash on hand and borrowings under our revolving credit facility. Our cash distributions to our common shareholders for the years ended December 31, 2013, 2012 and 2011, were $1.56 per share, $1.53 per share and $1.49 per share, respectively. The characterization of the distributions made in 2013, 2012 and 2011 was 66.19%, 62.65% and 65.64% ordinary income, respectively; 21.30%, 37.35% and 27.48% return of capital, respectively; 3.10%, 0% and 2.59% capital gain, respectively; and 9.41%, 0% and 4.29% unrecaptured Section 1250 gain, respectively. | ||||||||
In January 2013, we issued 11,500,000 common shares in a public offering, raising net proceeds of approximately $262,068, before expenses. In July 2012, we issued 13,800,000 common shares in a public offering, raising net proceeds of approximately $287,052. In July and October 2011, we issued 11,500,000 and 9,200,000 common shares in two public offerings, raising net proceeds of approximately $247,498 and $184,735, respectively. We used the net proceeds from these offerings to repay borrowings outstanding under our revolving credit facility and for general business purposes, including the partial funding of the acquisitions described above. | ||||||||
Related_Person_Transactions
Related Person Transactions | 12 Months Ended |
Dec. 31, 2013 | |
Related Person Transactions | ' |
Related Person Transactions | ' |
Note 5. Related Person Transactions | |
We have adopted written Governance Guidelines that describe the consideration and approval of any related person transactions. Under these Governance Guidelines, we may not enter into any transaction in which any Trustee or executive officer, any member of the immediate family of any Trustee or executive officer or any other related person, has or will have a direct or indirect material interest unless that transaction has been disclosed or made known to our Board of Trustees and our Board of Trustees reviews and approves or ratifies the transaction by the affirmative vote of a majority of the disinterested Trustees, even if the disinterested Trustees constitute less than a quorum. If there are no disinterested Trustees, the transaction must be reviewed and approved or ratified by both (i) the affirmative vote of a majority of our Board of Trustees and (ii) the affirmative vote of a majority of our Independent Trustees. In determining whether to approve or ratify a transaction, our Board of Trustees, or disinterested Trustees or Independent Trustees, as the case may be, also act in accordance with any applicable provisions of our declaration of trust, consider all of the relevant facts and circumstances and approve only those transactions that are fair and reasonable to us and our shareholders. All related person transactions described below were reviewed and approved or ratified by a majority of the disinterested Trustees or otherwise in accordance with our policies and our declaration of trust, each as described above. In the case of transactions with us by RMR employees (other than our Trustees and executive officers) subject to our Code of Business Conduct and Ethics, the employee must seek approval from an executive officer who has no interest in the matter for which approval is being requested. Copies of our Governance Guidelines and Code of Business Conduct and Ethics are available on our website, www.snhreit.com. | |
Five Star: Five Star was formerly our 100% owned subsidiary. Five Star is our largest tenant, we are Five Star's largest stockholder and Five Star manages several senior living communities for us. In 2001, we distributed substantially all of Five Star's then outstanding shares of common stock to our shareholders. As of December 31, 2013, we owned 4,235,000 shares of common stock of Five Star, or approximately 8.7% of Five Star's outstanding shares of common stock. One of our Managing Trustees, Mr. Barry Portnoy, is a managing director of Five Star. RMR provides management services to both us and Five Star. Five Star's President and Chief Executive Officer and its Chief Financial Officer and Treasurer are officers of RMR. Accordingly, the transactions between us and Five Star entered after Five Star became a separate public company and that are described herein were approved by our Independent Trustees and Five Star's independent directors who are not trustees or directors of the other company. In order to effect the spin-off of Five Star and to govern relations after the spin-off, Five Star entered into agreements with us and others, including RMR. Since then, Five Star has entered into various leases, management agreements and other agreements with us that include provisions that confirm and modify these undertakings. Among other matters, these agreements provide that: | |
• | |
so long as we remain a REIT, Five Star may not waive the share ownership restrictions in its charter on the ability of any person or group to acquire more than 9.8% of any class of Five Star's equity shares without our consent; | |
• | |
so long as Five Star is our tenant or manager, Five Star will not permit nor take any action that, in our reasonable judgment, might jeopardize our tax status as a REIT; | |
• | |
we have the option to cancel all of Five Star's rights under the leases and management agreements it has with us upon the acquisition by a person or group of more than 9.8% of Five Star's voting stock and upon other change in control events affecting Five Star, as defined in those documents, including the adoption of any shareholder proposal (other than a precatory proposal) or the election to Five Star's board of directors of any individual if such proposal or individual was not approved, nominated or appointed, as the case may be, by vote of a majority of Five Star's directors in office immediately prior to the making of such proposal or the nomination or appointment of such individual; | |
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the resolution of disputes arising from Five Star's leases and other agreements with us may be resolved by binding arbitration; and | |
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so long as Five Star is a tenant of ours or manager for us or so long as Five Star has a business management agreement with RMR, Five Star will not acquire or finance any real estate of a type then owned or financed by us or any company managed by RMR without first giving us or such company managed by RMR, as applicable, the opportunity to acquire or finance that real estate. | |
As of December 31, 2013, we leased 187 senior living communities to Five Star. Under Five Star's leases with us, Five Star pays us rent consisting of minimum annual rent amounts plus percentage rent based on increases in gross revenues at certain properties. Five Star's total minimum annual rent payable to us as of December 31, 2013 was $190,134, excluding percentage rent. We recognized total rental income from Five Star of $203,724, $200,912 and $195,409 for the years ended December 31, 2013, 2012 and 2011, respectively. As of December 31, 2013 and 2012, our rents receivable from Five Star were $17,960 and $17,680, respectively, and those amounts are included in due from affiliate in our consolidated balance sheets. We determine percentage rent due under our Five Star leases annually and recognize it at year end when all contingencies are met. During the years ended December 31, 2013, 2012 and 2011, pursuant to the terms of our leases with Five Star, we purchased $27,208, $30,520 and $33,269, respectively, of improvements made to properties leased to Five Star, and, as a result, the annual rent payable to us by Five Star increased by approximately $2,177, $2,456 and $2,665, respectively. | |
In December 2013, pursuant to the asset purchase agreement, or Purchase Agreement, we sold two rehabilitation hospitals and certain related assets to certain unrelated parties for a sales price of approximately $90,000, and Five Star transferred the operations of the two hospitals and several in-patient and out-patient clinics affiliated with those hospitals, to those third parties. Each hospital was previously leased by us to Five Star under Lease No. 2 and was operated by Five Star. Pursuant to an amendment to Lease No. 2 that we entered into in September 2013 in connection with our agreement to sell these rehabilitation hospitals and Five Star's agreement to transfer its related hospital operations, Lease No. 2 terminated with respect to the rehabilitation hospitals and the annual rent paid to us by Five Star under Lease No. 2 was reduced by $9,500 upon the closing of the sale of the hospitals. The lease amendment also provides for an allocation of indemnification obligations under the Purchase Agreement between us and Five Star. | |
We and Five Star have agreed to offer for sale 11 senior living communities we lease to Five Star. Five Star's rent payable to us will be reduced if and as these sales may occur pursuant to terms set in our leases with Five Star. In August 2013, we sold one of these communities, a skilled nursing facility, or SNF, with 112 living units, for a sales price of $2,550, and as a result of this sale, Five Star's annual minimum rent payable to us decreased by $255, or 10% of the net proceeds of the sale to us, in accordance with the terms of the applicable lease. In January 2014, we sold one senior living community located in Texas with 36 assisted living units, for a sale price of $2,400, and as a result of this sale, Five Star's annual minimum rent payable to us decreased by $210, or 8.75% of the net proceeds of the sale to us, in accordance with the terms of the applicable lease. We can provide no assurance that the remaining nine senior living communities which we and Five Star have agreed to offer for sale will be sold or what the terms of any sales may provide. | |
Five Star began managing communities for our account in June 2011 in connection with our acquisition of certain senior living communities at that time. We have since acquired additional communities that are being managed by Five Star. As of December 31, 2013, Five Star managed 44 senior living communities for our account. We lease our senior living communities that are managed by Five Star that include assisted living units or skilled nursing facilities to our TRSs, and Five Star manages these communities pursuant to long term management agreements on substantially similar terms. With the exception of the management agreement for the senior living community in New York described below, the management agreements for the communities Five Star manages for our account provide Five Star with a management fee equal to 3% of the gross revenues realized at the communities, plus reimbursement for Five Star's direct costs and expenses related to the communities and an incentive fee equal to 35% of the annual net operating income of the communities after we realize an annual return equal to 8% of our invested capital. The management agreements generally expire on December 31, 2031, and are subject to automatic renewal for two consecutive 15 year terms, unless earlier terminated or timely notice of nonrenewal is delivered. The management agreements provide that we and Five Star each have the option to terminate the agreements upon the acquisition by a person or group of more than 9.8% of the other's voting stock and upon other change in control events affecting the other party, as defined in those documents, including the adoption of any shareholder proposal (other than a precatory proposal) or the election to the board of directors or board of trustees of any individual if such proposal or individual was not approved, nominated or appointed, as the case may be, by vote of a majority of the board of directors or board of trustees in office immediately prior to the making of such proposal or the nomination or appointment of such individual. | |
In connection with the management agreements, we and Five Star have entered into four combination agreements, or pooling agreements: three pooling agreements which combine our management agreements for communities that include assisted living units, or the AL Pooling Agreements, and a fourth pooling agreement, which combines our management agreements for communities consisting only of independent living units, or the IL Pooling Agreement. We entered into the initial AL Pooling Agreement in May 2011 and the second AL Pooling Agreement in October 2012. Each of our first and second AL Pooling Agreements includes 20 identified communities. We and Five Star entered into the third AL Pooling Agreement in November 2013 and that pooling agreement currently includes the management agreement for the community we acquired in November 2013, as further described below. We entered into the IL Pooling Agreement in August 2012 and that agreement currently includes management agreements for two communities that have only independent living units. The senior living community in New York described below that Five Star manages for our account is not included in any of our pooling agreements. Each of the AL Pooling Agreements and the IL Pooling Agreement aggregates the determination of fees and expenses of the various communities that are subject to such pooling agreement, including determinations of our return on our invested capital and Five Star's incentive fees. Under each of the pooling agreements, we have the right, after the period of time specified in the agreement has elapsed and subject to Five Star's cure rights, to terminate all, but not less than all, of the management agreements that are subject to the agreement if we do not receive our minimum return in each of three consecutive years. In addition, under each of the pooling agreements, Five Star has a limited right to require the sale of underperforming communities. Also, under each of the pooling agreements, any nonrenewal notice given by Five Star with respect to a community is deemed a nonrenewal with respect to all the communities that are the subject of the agreement. Special committees of each of our Board of Trustees and Five Star's board of directors composed solely of our Independent Trustees and Five Star's independent directors who are not also trustees or directors of the other party and who were represented by separate counsel reviewed and approved the terms of these management agreements and pooling agreements. We incurred management fees of $9,229, $5,582 and $835 for the years ended December 31, 2013, 2012 and 2011, respectively, with respect to the communities Five Star manages. These amounts are included in property operating expenses in our consolidated statements of income and comprehensive income. | |
In August 2013, we acquired a senior living community located in Georgia with 93 assisted living units for $22,030, excluding closing costs. In October 2013, we acquired three senior living communities with an aggregate of 213 assisted living units for an aggregate purchase price of approximately $29,004, excluding closing costs; one of those communities is located in Tennessee, and the other two are located in Georgia. In November 2013, we acquired a senior living community in Wisconsin with 68 assisted living units for $11,965, excluding closing costs. We lease these five senior living communities to our TRSs and Five Star manages these communities for our account pursuant to separate long term management agreements on terms similar to those management arrangements we currently have with Five Star for communities that include assisted living units. The management agreements for the senior living communities we acquired in August and October 2013 were added to our second AL Pooling Agreement and the management agreement for the senior living community we acquired in November 2013 was added to the third AL Pooling Agreement. We expect that we may enter into additional management arrangements with Five Star for senior living communities that we may acquire in the future on terms similar to those management arrangements we currently have with Five Star. | |
We own a senior living community in New York with 310 living units, a portion of which is managed by Five Star pursuant to a long term management agreement with us with respect to the living units at this community that are not subject to the requirements of New York healthcare licensing laws. The terms of this management agreement are substantially consistent with the terms of our other management agreements with Five Star for communities that include assisted living units, except the management fee we pay is equal to 5% of the gross revenues realized at that portion of the community and there is no incentive fee payable by us to Five Star. In order to accommodate certain requirements of New York healthcare licensing laws, one of our TRSs subleases the portion of this community that is subject to those requirements to an entity, D&R Yonkers LLC, which is owned by our President and Chief Operating Officer and Treasurer and Chief Financial Officer. Five Star manages this portion of the community pursuant to a long term management agreement with D&R Yonkers LLC. Under the sublease agreement, D&R Yonkers LLC is obligated to pay rent only from available revenues generated by the subleased community. Our TRS is obligated to advance any rent shortfalls to D&R Yonkers LLC, and D&R Yonkers LLC is obligated to repay one of our TRSs only from available revenues generated by the subleased community. Pursuant to the management agreement between D&R Yonkers LLC and Five Star, D&R Yonkers LLC pays Five Star a management fee equal to 3% of the gross revenues realized at that portion of the community and there is no incentive fee payable by D&R Yonkers LLC to Five Star. D&R Yonkers LLC's management agreement with Five Star expires on August 31, 2017, and is subject to renewal for nine consecutive five year terms, unless earlier terminated or timely notice of nonrenewal is delivered. Further, we have entered into an indemnification agreement with the owners of D&R Yonkers LLC, pursuant to which we have agreed to indemnify them for costs, losses and expenses they may sustain by reason of being a member, director or officer of D&R Yonkers LLC or in connection with any costs, losses or expenses under our TRS's sublease with D&R Yonkers LLC or the management agreement between D&R Yonkers LLC and Five Star. | |
As discussed in Note 6, in May 2011, we and Five Star entered into a bridge loan, or the Bridge Loan, under which we lent to Five Star $80,000 to fund a portion of Five Star's purchase of six senior living communities. In April 2012, Five Star repaid in full the $38,000 principal amount then outstanding under the Bridge Loan, resulting in the termination of the Bridge Loan. We recognized interest income from the Bridge Loan of $314 and $593 for the years ended December 31, 2012 and December 31, 2011, respectively. | |
As discussed in Note 7, in August 2012, we prepaid approximately $199,197 of the outstanding principal balance of our FNMA secured term loan. As a result of this prepayment, 11 of the 28 properties securing that debt were released from the mortgage and, in connection with this release, we entered into amendments to the related master credit agreement and our leases with Five Star so that these 11 properties were removed from the lease created to accommodate this FNMA debt and were added to our other multi-property leases with Five Star. | |
In 2011 and 2012, there were additional transactions between us and Five Star. A further description of the terms of certain of those transactions is included in our annual reports to shareholders and our Annual Reports on Form 10-K filed with the SEC, in each case for the years ended December 31, 2012 and December 31, 2011. | |
RMR: We have no employees. Personnel and various services we require to operate our business are provided to us by RMR. We have two agreements with RMR to provide management and administrative services to us: (i) a business management agreement, which relates to our business generally, and (ii) a property management agreement, which relates to the property level operations of our MOBs. | |
One of our Managing Trustees, Mr. Barry Portnoy, is Chairman, majority owner and an employee of RMR. Our other Managing Trustee, Mr. Adam Portnoy, is the son of Mr. Barry Portnoy, and an owner, President, Chief Executive Officer and a director of RMR. Each of our executive officers is also an officer of RMR, and our President and Chief Operating Officer, Mr. David Hegarty, is a director of RMR. Our Independent Trustees also serve as independent directors or independent trustees of other public companies to which RMR provides management services. Mr. Barry Portnoy serves as a managing director or managing trustee of those companies and Mr. Adam Portnoy serves as a managing trustee of a majority of those companies. In addition, officers of RMR serve as officers of those companies. | |
Our Board of Trustees has given our Compensation Committee, which is comprised exclusively of our Independent Trustees, authority to act on our behalf with respect to our management agreements with RMR. The charter of our Compensation Committee requires the committee to annually review the terms of these agreements, evaluate RMR's performance under the agreements and determine whether to renew, amend or terminate the management agreements. | |
In 2013, our Compensation Committee retained FTI Consulting, Inc., a nationally recognized compensation consultant experienced in REIT compensation programs, to assist the committee in developing the terms of the incentive fee payable to RMR under our business management agreement with RMR beginning in 2014. In connection with retaining this consultant, our Compensation Committee determined that the consultant did not have any conflicts of interest which would prevent the consultant from advising the committee. | |
On December 23, 2013, we and RMR entered into an amended and restated business management agreement, effective with respect to services performed on and after January 1, 2014. Under the terms of this amended and restated business management agreement: | |
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The annual amount of the base management fee to be paid to RMR by us for each applicable period will be equal to the lesser of: | |
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the sum of (a) 0.5% of the average of the aggregate book value of our real estate assets owned by us or our subsidiaries as of October 12, 1999, or the Transferred Assets, plus (b) 0.7% of the average historical cost of our real estate investments excluding the Transferred Assets up to $250,000, plus (c) 0.5% of the average historical cost of our real estate investments excluding the Transferred Assets exceeding $250,000; and | |
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the sum of (a) 0.7% of the average closing price per share of our common shares on the New York Stock Exchange, NYSE, during such period, multiplied by the average number of our common shares outstanding during such period, plus the daily weighted average of the aggregate liquidation preference of each class of our preferred shares outstanding during such period, plus the daily weighted average of the aggregate principal amount of our consolidated indebtedness during such period, or, together, our Average Market Capitalization, up to $250,000, plus (b) 0.5% of our Average Market Capitalization exceeding $250,000. | |
The average book value and average historical cost of our real estate investments will include our consolidated assets invested, directly or indirectly, in equity interests in or loans secured by real estate and personal property owned in connection with such real estate (including acquisition related costs and costs which may be allocated to intangibles or are unallocated), all before reserves for depreciation, amortization, impairment charges or bad debts or other similar noncash reserves. | |
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Although the fee calculation is stated in annual percentages, the base management fee will be paid monthly to RMR, ninety percent (90%) in cash and ten percent (10%) in our common shares, which shall be fully-vested when issued. The number of our common shares to be issued in payment of the base management fee for each month will be equal to the value of 10% of the total base management fee for that month divided by the average daily closing price of our common shares during that month. | |
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The incentive management fee which may be earned by RMR for an annual period will be an amount, subject to a cap based on the value of our outstanding common shares, equal to 12% of the product of (a) our equity market capitalization on the last trading day on the year immediately prior to the relevant measurement period, and (b) the amount (expressed as a percentage) by which the total returns per share realized by the holders of our common shares (i.e., share price appreciation plus dividends) exceeds the total shareholder return of the SNL REIT Healthcare Index (in each case subject to certain adjustments) for the relevant measurement period. The measurement periods are generally three-year periods ending with the year for which the incentive management fee is being calculated, with shorter periods applicable in the case of the calculation of the incentive management fee for 2014 (one year) and 2015 (two years). | |
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The incentive management fee is payable in our common shares, with one-third of our common shares issued in payment of an incentive management fee vested on the date of issuance, and the remaining two-thirds vesting thereafter in two equal annual installments. If the issuance of common shares in payment of a portion of the base management fee or incentive management fee would be limited by applicable law and regulations, such portion of the applicable fee will instead be paid in cash. | |
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RMR and certain eligible transferees of our common shares issued in payment of the base management fee or incentive management fee are entitled to demand registration rights, exercisable not more frequently than twice per year, and to "piggy-back" registration rights, with certain expenses to be paid by us. We and applicable selling shareholders also have agreed to indemnify each other (and their officers, trustees, directors and controlling persons) against certain liabilities, including liabilities under the Securities Act of 1933, as amended, in connection with any such registration. | |
The terms of the amended and restated business management agreement described above were approved by our Compensation Committee, which is comprised solely of our Independent Trustees, and the terms of the incentive fee were developed by our Compensation Committee in consultation with FTI Consulting, Inc., an independent compensation consultant. | |
For 2013, 2012 and 2011, our business management agreement provided for the base business management fee to be paid to RMR at an annual rate equal to the sum of (a) 0.5% of the book value of the Transferred Assets, plus (b) 0.7% of the historical cost of our other real estate investments excluding the Transferred Assets, up to the first $250,000 of such investments, and 0.5% thereafter. In addition, for 2013, 2012 and 2011, our business management agreement provided for RMR to be paid an incentive fee equal to 15% of the product of (i) the weighted average of our common shares outstanding on a diluted basis during a fiscal year and (ii) the excess, if any, of the FFO Per Share, as defined in the business management agreement, for such fiscal year over the FFO Per Share for the preceding fiscal year. We recognized business management fees of $27,013, $25,372 and $20,814 for 2013, 2012 and 2011, respectively. These amounts are included in general and administrative expenses in our consolidated financial statements. In March 2013 and 2012, we issued 21,968 and 20,462 of our common shares to RMR for the incentive fees for 2012 and 2011, respectively. No incentive fee was earned in 2013. | |
Our property management agreement with RMR provides for management fees for our MOB properties equal to 3.0% of gross rents and construction supervision fees for construction on those properties equal to 5.0% of construction costs. The aggregate property management and construction supervision fees we recognized were $6,568, $5,791 and $4,455 for 2013, 2012 and 2011, respectively. These amounts are included in property operating expenses or have been capitalized, as appropriate, in our consolidated financial statements. | |
RMR also provides internal audit services to us in return for our share of the total internal audit costs incurred by RMR for us and other publicly owned companies managed by RMR and its affiliates, which amounts are subject to approval by our Compensation Committee. Our Audit Committee appoints our Director of Internal Audit. Our share of RMR's costs of providing this internal audit function was approximately $201, $193 and $240 for 2013, 2012 and 2011, respectively, which amounts are included in general and administrative expenses in our consolidated financial statements. These allocated costs are in addition to the business and property management fees we paid to RMR. | |
We are generally responsible for all of our operating expenses, including certain expenses incurred by RMR on our behalf. We are generally not responsible for payment of RMR's employment, office or administration expenses incurred to provide management services to us, except for the employment and related expenses of RMR employees who provide on-site property management services at our owned properties and our share of the staff employed by RMR who perform our internal audit function. Pursuant to our amended and restated business management agreement, RMR may from time to time negotiate on our behalf with certain third party vendors and suppliers for the procurement of services to us. As part of this arrangement, we may enter agreements with RMR and other companies to which RMR provides management services for the purpose of obtaining more favorable terms from such vendors and suppliers. | |
The current terms of both our amended and restated business management agreement with RMR and our property management agreement with RMR end on December 31, 2014 and automatically renew for successive one year terms unless we or RMR give notice of non-renewal before the end of an applicable term. We or RMR may terminate either agreement upon 60 days' prior written notice, and RMR may also terminate the property management agreement upon five business days' notice if we undergo a change of control, as defined in the property management agreement. | |
Under our amended and restated business management agreement with RMR, we acknowledge that RMR may engage in other activities or businesses and act as the manager to any other person or entity (including other REITs) even though such person or entity has investment policies and objectives similar to ours and we are not entitled to preferential treatment in receiving information, recommendations and other services from RMR. Previously our business management agreement had provided that, with certain exceptions, if we determined to offer for sale or other disposition any real property that, at such time, is of a type within the investment focus of another REIT to which RMR provides management services, we would first offer that property for purchase or disposition to that REIT and negotiate in good faith for such purchase or disposition. This right of first offer provision was eliminated when the business management agreement was amended and restated on December 23, 2013. | |
RMR also leased from us approximately 4,100 square feet of office space for one of its regional offices until that lease was terminated in December 2012. We earned approximately $186 and $180 in rental income from RMR in 2012 and 2011, respectively, which we believe was commercially reasonable rent for this office space. | |
Under our Share Award Plan, we grant restricted shares to certain employees of RMR, some of whom are our officers. We granted a total of 82,600 restricted shares with an aggregate value of $1,888, 78,492 restricted shares with an aggregate value of $1,775 and 72,450 restricted shares with an aggregate value of $1,732 to such persons in 2013, 2012 and 2011, respectively, based upon the closing price of our common shares on the NYSE on the dates of grants. One fifth of those restricted shares vested on the grant dates and one fifth vests on each of the next four anniversaries of the grant dates. These share grants to RMR employees are in addition to the fees we pay to RMR. On occasion, we have entered into arrangements with former employees of RMR in connection with the termination of their employment with RMR, providing for the acceleration of vesting of restricted shares previously granted to them under our Share Award Plan. Additionally, each of our President and Chief Operating Officer and Treasurer and Chief Financial Officer received grants of restricted shares of other companies to which RMR provides management services, including Five Star, in their capacities as officers of RMR. | |
CWH: CWH was formerly our parent. We were spun off to CWH's shareholders in 1999. As of December 31, 2013, we own 250,000 common shares of CWH. One of our Managing Trustees, Mr. Barry Portnoy, is a managing trustee of CWH. Our other Managing Trustee, Mr. Adam Portnoy, is a managing trustee and the President of CWH. In addition, one of our Independent Trustees is an independent trustee of CWH. RMR provides management services to both us and CWH. CWH's executive officers are officers of RMR. Accordingly, the purchase and right of first refusal transaction agreements between us and CWH described below were negotiated and approved by special committees of each company's board of trustees comprised solely of Independent Trustees who were not also Independent Trustees of the other company. | |
At the time of our spin-off from CWH, we and CWH entered into a transaction agreement, which was amended on May 5, 2008, pursuant to which, among other things, we and CWH agreed that so long as CWH owns 10% or more of our common shares, we and CWH engage the same manager or we and CWH have any common managing trustees: (i) CWH will not make any investment in senior apartments, congregate communities, assisted living properties, nursing homes or other healthcare properties, including MOBs, without the prior approval of a majority of our Independent Trustees, and (ii) we will not make any investment in office buildings, warehouses or malls, excluding MOBs, without the prior approval of a majority of CWH's independent trustees. In 2008, in connection with our agreement to purchase 45 MOBs from CWH, we and CWH amended the transaction agreement to permit us, rather than CWH, to invest in MOBs and CWH granted us a right of first refusal to purchase up to 45 identified MOBs then owned by CWH if CWH decided to sell those properties. | |
Between November 2010 and January 2011, we purchased 27 properties (approximately 2,803,000 square feet of rental space), which were majority leased as MOBs from CWH for total sale prices of $470,000, excluding closing costs. In September 2011, we acquired from CWH 13 additional properties (approximately 1,310,000 square feet), which were majority leased as MOBs for total sale prices of $167,000, excluding closing costs. In connection with our September 2011 purchase of the 13 properties from CWH, we and CWH terminated our existing right of first refusal, as we have purchased substantially all of the properties that were subject to that right of first refusal. Our purchase agreements with CWH include arbitration provisions for the resolution of disputes. | |
AIC: We, RMR, Five Star, CWH and four other companies to which RMR provides management services each currently own 12.5% of AIC. All of our Trustees and most of the trustees and directors of the other AIC shareholders currently serve on the board of directors of AIC. RMR provides management and administrative services to AIC pursuant to a management and administrative services agreement with AIC. Our Governance Guidelines provide that any material transaction between us and AIC shall be reviewed, authorized and approved or ratified by the affirmative votes of both a majority of our Board of Trustees and a majority of our Independent Trustees. The shareholders agreement among us, the other shareholders of AIC and AIC includes arbitration provisions for the resolution of disputes. | |
As of December 31, 2013, we have invested approximately $5,209 in AIC since its formation in 2008. Although we own less than 20% of AIC, we use the equity method to account for this investment because we believe that we have significant influence over AIC as all of our Trustees are also directors of AIC. Our investment in AIC had a carrying value of $5,913 and $5,629 as of December 31, 2013 and 2012, respectively, which amounts are included in other assets on our consolidated balance sheets. We recognized income of $334, $316 and $139 arising from our investment in AIC for 2013, 2012 and 2011, respectively. In June 2013, we and the other shareholders of AIC purchased a one-year property insurance policy providing $500,000 of coverage pursuant to an insurance program arranged by AIC and with respect to which AIC is a reinsurer of certain coverage amounts. We paid AIC a premium, including taxes and fees, of approximately $4,748 in connection with that policy, which amount may be adjusted from time to time as we acquire or dispose of properties that are included in the policy. Our annual premiums for this property insurance in 2012 and 2011 were $4,438 and $1,600, respectively, before adjustments made for acquisitions or dispositions we made during those periods. We periodically consider the possibilities for expanding our insurance relationships with AIC to include other types of insurance and may in the future participate in additional insurance offerings AIC may provide or arrange. We may invest additional amounts in AIC in the future if the expansion of this insurance business requires additional capital, but we are not obligated to do so. By participating in this insurance business with RMR and the other companies to which RMR provides management services, we expect that we may benefit financially by possibly reducing our insurance expenses or by realizing our pro rata share of any profits of this insurance business. | |
Directors' and Officers' Liability Insurance: In July 2013, we, RMR, Five Star, CWH and three other companies to which RMR provides management services purchased a combined directors' and officers' liability insurance policy providing $10,000 in aggregate primary non-indemnifiable coverage and $5,000 in aggregate excess coverage and we also purchased from an unrelated third party insurer a separate directors' and officers' liability insurance policy providing $5,000 in coverage. We paid aggregate premiums of approximately $343 for these policies. | |
Loan_Receivable
Loan Receivable | 12 Months Ended |
Dec. 31, 2013 | |
Loan Receivable | ' |
Loan Receivable | ' |
Note 6. Loan Receivable | |
In May 2011, we and Five Star entered into the Bridge Loan under which we agreed to lend Five Star up to $80,000 to fund a portion of Five Star's purchase of a portfolio of six senior living communities. By September 30, 2011, Five Star had completed its acquisition of these communities and had borrowed all $80,000 of this Bridge Loan. By December 31, 2011, Five Star had repaid $42,000 of those borrowings. In April 2012, Five Star paid the remaining balance of $38,000, resulting in the termination of this Bridge Loan. The Bridge Loan was secured by mortgages on three of the senior living communities that Five Star acquired and on four other senior living communities owned by Five Star. The Bridge Loan bore interest at a rate equal to the annual rates of interest applicable to our borrowings under our revolving credit facility, plus 1%. We recognized interest income from this Bridge Loan of $314 for the year ended December 31, 2012, which is included in interest and other income in our consolidated statements of income and comprehensive income. | |
Indebtedness
Indebtedness | 12 Months Ended | |||||||||||||||||||||||||
Dec. 31, 2013 | ||||||||||||||||||||||||||
Indebtedness | ' | |||||||||||||||||||||||||
Indebtedness | ' | |||||||||||||||||||||||||
Note 7. Indebtedness | ||||||||||||||||||||||||||
Our principal debt obligations at December 31, 2013 were: (1) outstanding borrowings under our $750,000 unsecured revolving credit facility; (2) four public issuances of unsecured senior notes, including: (a) $250,000 principal amount at an annual interest rate of 4.30% due 2016, (b) $200,000 principal amount at an annual interest rate of 6.75% due 2020, (c) $300,000 principal amount at an annual interest rate of 6.75% due 2021 and (d) $350,000 principal amount at an annual interest rate of 5.625% due 2042; and (3) $681,628 aggregate principal amount of mortgages secured by 51 of our properties with maturity dates from 2013 to 2043. The 51 mortgaged properties had a carrying value of $945,419 at December 31, 2013. We also have two properties subject to capital leases totaling $13,314 at December 31, 2013; these two properties had a carrying value of $18,627 at December 31, 2013. | ||||||||||||||||||||||||||
In connection with the acquisitions discussed in Note 3 above, during the year ended December 31, 2013, we assumed $12,266 of mortgage debt, which was recorded at a fair value of $13,306. This mortgage has a contractual interest rate of 6.25% and matures in May 2015. We recorded the assumed mortgage at its fair value, which exceeded its outstanding principal balance by $1,040. We determined the fair value of the assumed mortgage using a market approach based upon Level 3 inputs (significant other unobservable inputs) in the fair value hierarchy. | ||||||||||||||||||||||||||
In June 2013, we prepaid mortgage notes encumbering four of our properties that had an aggregate principal balance of $10,377, a weighted average interest rate of 6.1% and maturity dates later in 2013. In September 2013, we prepaid a mortgage note encumbering two of our properties that had an aggregate principal balance of $13,579, a weighted average interest rate of 6.9% and a maturity date later in 2013. As a result, we recognized losses on early extinguishment of debt of $259 for the year ended December 31, 2013. | ||||||||||||||||||||||||||
Also in September 2013, we amended the agreement governing our unsecured revolving credit facility with Wells Fargo Bank, National Association, as administrative agent, and a syndicate of other lenders. As a result of the amendment the stated maturity date of the revolving credit facility was extended from June 24, 2015 to January 15, 2018. Subject to the payment of an extension fee and meeting certain other conditions, we have an option to further extend the stated maturity date by an additional one year. The revolving credit facility agreement provides that we can borrow, repay and reborrow funds available under the revolving credit facility agreement until maturity, and no principal repayment is due until maturity. The $750,000 maximum amount of our revolving credit facility remained unchanged by the amendment. The revolving credit facility agreement continues to include a feature under which maximum borrowings under the facility may be increased to up to $1,500,000 in certain circumstances. Under this amendment, the interest rate paid on borrowings under the revolving credit facility agreement was reduced from LIBOR plus a premium of 160 basis points to LIBOR plus a premium of 130 basis points, and the facility fee was reduced from 35 basis points to 30 basis points per annum on the total amount of lending commitments. Both the interest rate premium and the facility fee are subject to adjustment based upon changes to our credit ratings. As a result of the amendment, we recognized a loss on early extinguishment of debt of $538. As of December 31, 2013, the interest rate payable on borrowings under our revolving credit facility was 1.4% and the weighted average interest rate for borrowings under our revolving credit facility was 1.6% and 1.8% for the years ended December 31, 2013 and 2012, respectively. As of December 31, 2013 and February 28, 2014, we had $100,000 and $170,000, respectively outstanding under our revolving credit facility. We incurred interest expense and other associated costs related to our revolving credit facility of $3,781, $5,733 and $2,745 for the years ended December 31, 2013, 2012 and 2011, respectively. | ||||||||||||||||||||||||||
Our revolving credit facility agreement provides for acceleration of payment of all amounts outstanding upon the occurrence and continuation of certain events of default, such as a change of control of us, which includes RMR ceasing to act as our business manager and property manager. | ||||||||||||||||||||||||||
Our public debt indentures and related supplements and our credit facility agreement contain a number of financial and other covenants, including covenants that restrict our ability to incur indebtedness or to make distributions under certain circumstances and require us to maintain financial ratios and a minimum net worth. | ||||||||||||||||||||||||||
In July 2012, we sold $350,000 of unsecured senior notes. The notes require interest at a fixed rate of 5.625% per annum and are due in 2042. The notes can also be prepaid at par at any time beginning in July 2017. Net proceeds from this sale of the notes, after underwriting discounts, fees and other expenses were approximately $338,561. Interest on the notes is payable quarterly in arrears. We used a part of the net proceeds of this offering to repay borrowings outstanding under our revolving credit facility and we used the remaining net proceeds from this offering to prepay a part of our FNMA secured term loan and for general business purposes, including funding a part of our recent acquisitions of properties discussed in Note 3 above. | ||||||||||||||||||||||||||
In August 2012, we prepaid approximately $199,197 of the outstanding principal balance of our FNMA secured term loan that had an interest rate of 6.4% at August 31, 2012 and a maturity date in September 2019, using, among other funds, net proceeds from our July 2012 debt offering. As a result of this prepayment, 11 of the 28 properties securing this loan were released from the related mortgage. Also, as a result of this prepayment, we recorded a loss on early extinguishment of debt of approximately $6,349 consisting of a debt prepayment premium, legal fees and the write off of unamortized deferred financing fees. | ||||||||||||||||||||||||||
At December 31, 2013 and 2012, our additional outstanding debt consisted of the following: | ||||||||||||||||||||||||||
December 31, 2013 | December 31, 2012 | |||||||||||||||||||||||||
Unsecured Debt | Coupon | Maturity | Face | Unamortized | Face | Unamortized | ||||||||||||||||||||
Amount | Discount | Amount | Discount | |||||||||||||||||||||||
Senior notes | 4.3 | % | 2016 | $ | 250,000 | $ | 1,085 | $ | 250,000 | $ | 1,620 | |||||||||||||||
Senior notes | 6.75 | % | 2020 | 200,000 | 1,348 | 200,000 | 1,563 | |||||||||||||||||||
Senior notes | 6.75 | % | 2021 | 300,000 | 4,230 | 300,000 | 4,764 | |||||||||||||||||||
Senior notes | 5.625 | % | 2042 | 350,000 | — | 350,000 | — | |||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | |||||||
Total unsecured debt | $ | 1,100,000 | $ | 6,663 | $ | 1,100,000 | $ | 7,947 | ||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | |||||||
| | | | | | | | | | | | | | | | | | | | |||||||
Principal Balance as of | Net Book Value of | |||||||||||||||||||||||||
December 31, | Interest | Number of | Initial | Collateral | ||||||||||||||||||||||
Rate | Properties as | Cost of | ||||||||||||||||||||||||
Secured and Other Debt | 2013(1) | 2012(1) | Maturity | Collateral | Collateral | 2013 | 2012 | |||||||||||||||||||
Mortgages(2) | $ | — | $ | 10,565 | 6.11% | 13-Dec | — | $ | 17,034 | $ | — | $ | 14,883 | |||||||||||||
Mortgages(2) | — | 13,759 | 6.91% | 13-Dec | — | 36,359 | — | 33,057 | ||||||||||||||||||
Mortgages | 36,145 | 36,906 | 5.83% | 14-Jun | 2 | 79,000 | 77,799 | 78,594 | ||||||||||||||||||
Mortgage | 30,177 | 30,944 | 6.02% | 15-Mar | 1 | 99,000 | 96,354 | 98,346 | ||||||||||||||||||
Mortgage | 12,093 | — | 6.25% | May 15 | 1 | 22,350 | 22,033 | — | ||||||||||||||||||
Mortgage | 5,020 | 5,121 | 5.65% | 15-Jun | 1 | 22,143 | 20,965 | 21,435 | ||||||||||||||||||
Mortgage | 11,465 | 11,612 | 6.37% | 15-Jul | 1 | 14,849 | 14,197 | 14,432 | ||||||||||||||||||
Mortgages | 12,773 | 13,051 | 5.66% | 15-Jul | 3 | 26,606 | 25,457 | 25,868 | ||||||||||||||||||
Mortgage | 2,805 | 2,878 | 5.88% | 15-Jul | 1 | 15,397 | 14,384 | 14,774 | ||||||||||||||||||
Mortgage | 6,579 | 6,792 | 5.81% | 15-Oct | 1 | 9,650 | 9,474 | 9,665 | ||||||||||||||||||
Mortgage | 4,502 | 4,596 | 5.81% | 15-Oct | 1 | 8,600 | 8,168 | 8,391 | ||||||||||||||||||
Mortgages | 52,000 | 52,000 | 5.64% | 16-Jan | 1 | 70,495 | 64,904 | 66,123 | ||||||||||||||||||
Mortgage | 6,363 | 6,476 | 5.97% | 16-Apr | 1 | 10,272 | 9,811 | 10,051 | ||||||||||||||||||
Mortgage | 87,928 | 90,607 | 5.92% | 16-Nov | 2 | 157,500 | 151,928 | 154,691 | ||||||||||||||||||
Mortgage | 12,366 | 12,537 | 6.25% | 16-Nov | 1 | 22,102 | 21,672 | 21,968 | ||||||||||||||||||
Mortgage | 5,720 | 5,810 | 5.86% | 17-Mar | 1 | 11,280 | 11,292 | 11,562 | ||||||||||||||||||
Mortgages | 45,753 | 46,753 | 6.54% | May 17 | 8 | 62,500 | 54,702 | 56,341 | ||||||||||||||||||
Mortgage | 11,245 | 11,419 | 6.15% | 17-Aug | 1 | 16,400 | 15,180 | 15,507 | ||||||||||||||||||
Mortgage | 9,425 | 9,641 | 6.73% | 18-Apr | 1 | 15,100 | 11,299 | 11,526 | ||||||||||||||||||
Mortgage | 292,611 | 296,437 | 6.71% | 19-Sep | 17 | 617,161 | 252,404 | 260,274 | ||||||||||||||||||
Mortgage(3) | 3,007 | 3,270 | 7.31% | 22-Jan | 1 | 18,827 | 16,478 | 16,839 | ||||||||||||||||||
Mortgage(3) | 1,482 | 1,608 | 7.85% | 22-Jan | — | — | — | — | ||||||||||||||||||
Mortgage | 3,444 | 3,534 | 6.25% | Feb-33 | 1 | 5,200 | 4,588 | 4,695 | ||||||||||||||||||
Mortgage | 9,353 | 9,492 | 5.95% | Sep-38 | 2 | 11,425 | 9,080 | 9,295 | ||||||||||||||||||
Mortgage | 4,672 | 4,747 | 4.38% | Sep-43 | 1 | 8,059 | 7,632 | 7,768 | ||||||||||||||||||
Bonds | 14,700 | 14,700 | 5.88% | 27-Dec | 1 | 34,307 | 25,619 | 26,559 | ||||||||||||||||||
Capital Leases | 13,314 | 13,792 | 7.70% | 26-Apr | 2 | 28,601 | 18,626 | 15,603 | ||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | |
Total secured | $ | 694,942 | $ | 719,047 | 53 | $ | 1,440,217 | $ | 964,046 | $ | 1,008,247 | |||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
-1 | ||||||||||||||||||||||||||
The principal balances are the amounts stated in the contracts. In accordance with GAAP, our carrying values and recorded interest expense may be different because of market conditions at the time we assumed certain of these debts. As of December 31, 2013 and 2012, the unamortized net premiums on certain of these mortgages were $4,485 and $5,430, respectively. | ||||||||||||||||||||||||||
-2 | ||||||||||||||||||||||||||
In 2013 we repaid this debt. | ||||||||||||||||||||||||||
-3 | ||||||||||||||||||||||||||
These two mortgages are collateralized by one MOB property acquired in July 2008. | ||||||||||||||||||||||||||
We include amortization of capital lease assets in depreciation expense. Assets encumbered by capital leases had a net book value of $18,627 and $15,602 at December 31, 2013 and 2012, respectively. | ||||||||||||||||||||||||||
Interest on our unsecured senior notes and our bonds is payable semi-annually in arrears; however, no principal repayments are due until maturity. Required monthly payments on our mortgages include principal and interest. Payments under our capital leases are due monthly. | ||||||||||||||||||||||||||
Required principal payments on our outstanding debt as of December 31, 2013, are as follows: | ||||||||||||||||||||||||||
2014 | $ | 48,222 | ||||||||||||||||||||||||
2015 | 94,249 | |||||||||||||||||||||||||
2016 | 410,136 | |||||||||||||||||||||||||
2017 | 65,382 | |||||||||||||||||||||||||
2018 | 115,602 | |||||||||||||||||||||||||
Thereafter | 1,161,353 |
Fair_Value_of_Assets_and_Liabi
Fair Value of Assets and Liabilities | 12 Months Ended | |||||||||||||
Dec. 31, 2013 | ||||||||||||||
Fair Value of Assets and Liabilities | ' | |||||||||||||
Fair Value of Assets and Liabilities | ' | |||||||||||||
Note 8. Fair Value of Assets and Liabilities | ||||||||||||||
The following table presents certain of our assets and liabilities that are measured at fair value on a recurring and non recurring basis at December 31, 2013 categorized by the level of inputs used in the valuation of each asset or liability. | ||||||||||||||
Description | Total | Quoted Prices in Active | Significant Other | Significant | ||||||||||
Markets for Identical | Observable Inputs | Unobservable | ||||||||||||
Assets (Level 1) | (Level 2) | Inputs | ||||||||||||
(Level 3) | ||||||||||||||
Assets held for sale(1) | $ | 29,219 | $ | — | $ | 29,219 | $ | — | ||||||
Long-lived assets held and used(2) | $ | 653 | $ | — | $ | 653 | $ | — | ||||||
Investments in available for sale securities(3) | $ | 29,078 | $ | 29,078 | $ | — | $ | — | ||||||
Unsecured senior notes(4) | $ | 1,099,378 | $ | 1,099,378 | $ | — | $ | — | ||||||
Secured debt(5) | $ | 755,303 | $ | — | $ | — | $ | 755,303 | ||||||
-1 | ||||||||||||||
Assets held for sale consist of 14 of our properties (17 buildings) that we expect to sell that are reported at fair value less costs to sell. We used offers to purchase these properties made by third parties or comparable sales transactions (Level 2 inputs) to determine the fair values of these properties. We have recorded cumulative impairments of approximately $44,395 to these properties in order to reduce their book value to fair value. | ||||||||||||||
-2 | ||||||||||||||
Long-lived assets held and used consist of one of our properties for which we reduced the carrying value. We used broker information and comparable sales transactions (Level 2 inputs) to determine the fair value of this property. We have previously recorded impairment of assets charges of $1,304 and $3,071 for the years ended December 31, 2013 and 2012, respectively, for this property in order to reduce its carrying value to the amount stated. | ||||||||||||||
-3 | ||||||||||||||
Our investments in available for sale securities include our 250,000 common shares of CWH and 4,235,000 common shares of Five Star. The fair values of these shares are based on quoted prices at December 31, 2013 in active markets (Level 1 inputs). | ||||||||||||||
-4 | ||||||||||||||
We estimate the fair values of our unsecured senior notes using an average of the bid and ask price of our then outstanding four issuances of senior notes (Level 1 inputs) on or about December 31, 2013. The fair values of these senior note obligations exceed their book values of $1,093,337 by $6,041 because these notes were trading at a premium to their face amounts. | ||||||||||||||
-5 | ||||||||||||||
We estimate the fair values of our secured debt by using discounted cash flow analyses and currently prevailing market terms as of the measurement date (Level 3 inputs). Because Level 3 inputs are unobservable, our estimated fair value may differ materially from the actual fair value. | ||||||||||||||
In addition to the assets and liabilities described in the above table, our additional financial instruments include rents receivable, cash and cash equivalents, restricted cash, other unsecured debt and other liabilities. The fair values of these additional financial instruments approximate their carrying values at December 31, 2013 based upon their liquidity, short term maturity, variable rate pricing or our estimate of fair value using discounted cash flow analyses and prevailing interest rates. | ||||||||||||||
Concentration_of_Credit_Risk
Concentration of Credit Risk | 12 Months Ended | |||||||||||||
Dec. 31, 2013 | ||||||||||||||
Concentration of Credit Risk | ' | |||||||||||||
Concentration of Credit Risk | ' | |||||||||||||
Note 9. Concentration of Credit Risk | ||||||||||||||
The assets included in these financial statements are primarily income producing senior housing and healthcare related real estate located throughout the United States. The following is a summary of the assets leased and rents earned from our significant lessee as of and for the years ended December 31, 2013 and 2012: | ||||||||||||||
At | At | |||||||||||||
December 31, 2013 | December 31, 2012 | |||||||||||||
Investment(1) | % of Total | Investment(1) | % of Total | |||||||||||
Five Star | $ | 2,099,713 | 40% | $ | 2,074,877 | 41% | ||||||||
All others | 3,163,912 | 60% | 2,944,738 | 59% | ||||||||||
| | | | | | | | | | | | | | |
$ | 5,263,625 | 100% | $ | 5,019,615 | 100% | |||||||||
| | | | | | | | | | | | | | |
| | | | | | | | | | | | | | |
Year Ended | Year Ended | |||||||||||||
December 31, 2013 | December 31, 2012 | |||||||||||||
Rental income | % of Total | Rental income | % of Total | |||||||||||
Five Star | $ | 203,719 | 44% | $ | 200,912 | 45% | ||||||||
All others | 255,661 | 56% | 249,857 | 55% | ||||||||||
| | | | | | | | | | | | | | |
$ | 459,380 | 100% | $ | 450,769 | 100% | |||||||||
| | | | | | | | | | | | | | |
| | | | | | | | | | | | | | |
-1 | ||||||||||||||
Represents real and personal property leased to our tenants at historical cost after impairment losses and before depreciation. Excludes properties classified as held for sale. | ||||||||||||||
As discussed above, Five Star is our former subsidiary. Rental income from Five Star represented 42% of our annualized rental income and the properties Five Star leases from us represented 40% of our investments, at cost, as of December 31, 2013. As of December 31, 2013, Five Star also managed a portfolio of 44 senior living communities for our account. | ||||||||||||||
Subject to the information in the following paragraph, financial information about Five Star may be found on the SEC's website by entering Five Star's name at http://www.sec.gov/edgar/searchedgar/companysearch.html. Reference to Five Star's financial information on this external website is presented to comply with applicable accounting regulations of the SEC. Except for such financial information contained therein as is required to be included herein under such regulations, Five Star's public filings and other information located in external websites are not incorporated by reference into these financial statements. | ||||||||||||||
In November 2013, Five Star announced that it will restate its financial results for 2011, 2012 and the first and second quarters of 2013 due to certain errors primarily relating to the accounting for non-cash income tax items in prior periods, and that its previously filed financial reports for the years ended December 31, 2011 and December 31, 2012 and for the periods ended March 31, 2013 and June 30, 2013 should no longer be relied upon. In addition, Five Star has not yet filed its Quarterly Report on Form 10-Q for the quarter ended September 30, 2013. Five Star also announced that it had determined that, as a result of the matters discussed above, Five Star has a material weakness in its internal control over financial reporting. We understand that Five Star is currently in the process of preparing restated financial statements for the fiscal years ended December 31, 2011 and December 31, 2012 and the quarters ended March 31, 2013 and June 30, 2013, which will be filed with the SEC on an amended Annual Report on Form 10-K for the year ended December 31, 2012 and amended Quarterly Reports on Form 10-Q for the quarters ended March 31, 2013 and June 30, 2013. We understand that Five Star is also in the process of preparing its Quarterly Report on Form 10-Q for the quarter ended September 30, 2013. However, there is no assurance as to when the restatements and updated SEC filings will be completed. | ||||||||||||||
See Note 5 for further information relating to our leases and management arrangements with Five Star. | ||||||||||||||
Segment_Reporting
Segment Reporting | 12 Months Ended | ||||||||||||||||
Dec. 31, 2013 | |||||||||||||||||
Segment Reporting | ' | ||||||||||||||||
Segment Reporting | ' | ||||||||||||||||
Note 10. Segment Reporting | |||||||||||||||||
We have four operating segments, of which three are separately reportable operating segments: (i) triple net senior living communities that provide short term and long term residential care and dining services for residents, (ii) managed senior living communities that provide short term and long term residential care and dining services for residents and (iii) MOBs. Our triple net and managed senior living communities include independent living communities and assisted living communities and SNFs. Properties in the MOB segment include medical office, clinic and biotech laboratory buildings. The "All Other" category in the following table includes amounts related to corporate business activities and the operating results of certain properties that offer fitness, wellness and spa services to members. | |||||||||||||||||
For the Year Ended December 31, 2013 | |||||||||||||||||
Triple Net | Managed | MOBs | All Other | Consolidated | |||||||||||||
Senior Living | Senior Living | Operations | |||||||||||||||
Communities | Communities | ||||||||||||||||
Revenues: | |||||||||||||||||
Rental income | $ | 237,209 | $ | — | $ | 204,594 | $ | 17,577 | $ | 459,380 | |||||||
Residents fees and services | — | 302,058 | — | — | 302,058 | ||||||||||||
| | | | | | | | | | | | | | | | | |
Total revenues | 237,209 | 302,058 | 204,594 | 17,577 | 761,438 | ||||||||||||
Expenses: | |||||||||||||||||
Property operating expenses | — | 233,711 | 66,167 | — | 299,878 | ||||||||||||
Depreciation | 66,854 | 28,972 | 53,408 | 3,792 | 153,026 | ||||||||||||
General and administrative | — | — | — | 32,657 | 32,657 | ||||||||||||
Acquisition related costs | — | — | — | 3,378 | 3,378 | ||||||||||||
Impairment of assets | 6,685 | — | — | 1,304 | 7,989 | ||||||||||||
| | | | | | | | | | | | | | | | | |
Total expenses | 73,539 | 262,683 | 119,575 | 41,131 | 496,928 | ||||||||||||
| | | | | | | | | | | | | | | | | |
Operating income (loss) | 163,670 | 39,375 | 85,019 | (23,554 | ) | 264,510 | |||||||||||
Interest and other income | — | — | — | 711 | 711 | ||||||||||||
Interest expense | (26,501 | ) | (12,217 | ) | (5,466 | ) | (73,635 | ) | (117,819 | ) | |||||||
Loss on early extinguishment of debt | — | — | — | (797 | ) | (797 | ) | ||||||||||
| | | | | | | | | | | | | | | | | |
Income (loss) before income tax expense and equity in earnings of an investee | 137,169 | 27,158 | 79,553 | (97,275 | ) | 146,605 | |||||||||||
Income tax expense | — | — | — | (600 | ) | (600 | ) | ||||||||||
Equity in earnings of an investee | — | — | — | 334 | 334 | ||||||||||||
| | | | | | | | | | | | | | | | | |
Income (loss) from continuing operations | 137,169 | 27,158 | 79,553 | (97,541 | ) | 146,339 | |||||||||||
Discontinued Operations: | |||||||||||||||||
Income from discontinued operations | — | — | 5,043 | — | 5,043 | ||||||||||||
Impairment of assets from discontinued operations | — | — | (37,610 | ) | — | (37,610 | ) | ||||||||||
| | | | | | | | | | | | | | | | | |
Income before gain on sale of properties | 137,169 | 27,158 | 46,986 | (97,541 | ) | 113,772 | |||||||||||
Gain on sale of properties | 37,392 | — | — | — | 37,392 | ||||||||||||
| | | | | | | | | | | | | | | | | |
Net income (loss) | $ | 174,561 | $ | 27,158 | $ | 46,986 | $ | (97,541 | ) | $ | 151,164 | ||||||
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Total assets | $ | 1,778,591 | $ | 979,152 | $ | 1,727,497 | $ | 279,426 | $ | 4,764,666 | |||||||
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
For the Year Ended December 31, 2012 | |||||||||||||||||
Triple Net | Managed | MOBs | All Other | Consolidated | |||||||||||||
Senior Living | Senior Living | Operations | |||||||||||||||
Communities | Communities | ||||||||||||||||
Revenues: | |||||||||||||||||
Rental income | $ | 246,948 | $ | — | $ | 186,065 | $ | 17,756 | $ | 450,769 | |||||||
Residents fees and services | — | 184,031 | — | — | 184,031 | ||||||||||||
| | | | | | | | | | | | | | | | | |
Total revenues | 246,948 | 184,031 | 186,065 | 17,756 | 634,800 | ||||||||||||
Expenses: | |||||||||||||||||
Property operating expenses | — | 138,819 | 58,877 | — | 197,696 | ||||||||||||
Depreciation | 68,419 | 19,437 | 47,394 | 3,792 | 139,042 | ||||||||||||
General and administrative | — | — | — | 31,517 | 31,517 | ||||||||||||
Acquisition related costs | — | — | — | 9,394 | 9,394 | ||||||||||||
Impairment of assets | — | — | 3,071 | — | 3,071 | ||||||||||||
| | | | | | | | | | | | | | | | | |
Total expenses | 68,419 | 158,256 | 109,342 | 44,703 | 380,720 | ||||||||||||
| | | | | | | | | | | | | | | | | |
Operating income (loss) | 178,529 | 25,775 | 76,723 | (26,947 | ) | 254,080 | |||||||||||
Interest and other income | — | — | — | 1,117 | 1,117 | ||||||||||||
Interest expense | (35,530 | ) | (11,769 | ) | (3,255 | ) | (66,686 | ) | (117,240 | ) | |||||||
Loss on early extinguishment of debt | — | — | — | (6,349 | ) | (6,349 | ) | ||||||||||
Gain on lease terminations | 375 | — | — | — | 375 | ||||||||||||
| | | | | | | | | | | | | | | | | |
Income (loss) before income tax expense and equity in earnings of an investee | 143,374 | 14,006 | 73,468 | (98,865 | ) | 131,983 | |||||||||||
Income tax expense | — | — | — | (375 | ) | (375 | ) | ||||||||||
Equity in earnings of an investee | — | — | — | 316 | 316 | ||||||||||||
| | | | | | | | | | | | | | | | | |
Income (loss) from continuing operations | 143,374 | 14,006 | 73,468 | (98,924 | ) | 131,924 | |||||||||||
Discontinued Operations: | |||||||||||||||||
Income from discontinued operations | — | — | 4,061 | — | 4,061 | ||||||||||||
| | | | | | | | | | | | | | | | | |
Income before loss on sale of properties | 143,374 | 14,006 | 77,529 | (98,924 | ) | 135,985 | |||||||||||
Loss on sale of properties | — | — | (101 | ) | — | (101 | ) | ||||||||||
| | | | | | | | | | | | | | | | | |
Net income (loss) | $ | 143,374 | $ | 14,006 | $ | 77,428 | $ | (98,924 | ) | $ | 135,884 | ||||||
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Total assets | $ | 1,817,253 | $ | 949,974 | $ | 1,684,434 | $ | 296,341 | $ | 4,748,002 | |||||||
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
For the Year Ended December 31, 2011 | |||||||||||||||||
Triple Net | Managed | MOBs | All Other | Consolidated | |||||||||||||
Senior Living | Senior Living | Operations | |||||||||||||||
Communities | Communities | ||||||||||||||||
Revenues: | |||||||||||||||||
Rental income | $ | 242,652 | $ | — | $ | 151,823 | $ | 17,705 | $ | 412,180 | |||||||
Residents fees and services | — | 27,851 | — | — | 27,851 | ||||||||||||
| | | | | | | | | | | | | | | | | |
Total revenues | 242,652 | 27,851 | 151,823 | 17,705 | 440,031 | ||||||||||||
Expenses: | |||||||||||||||||
Property operating expenses | — | 21,639 | 43,761 | — | 65,400 | ||||||||||||
Depreciation | 68,429 | 2,591 | 36,147 | 3,792 | 110,959 | ||||||||||||
General and administrative | — | — | — | 26,041 | 26,041 | ||||||||||||
Acquisition related costs | — | — | — | 12,239 | 12,239 | ||||||||||||
Impairment of assets | 1,028 | — | 962 | — | 1,990 | ||||||||||||
| | | | | | | | | | | | | | | | | |
Total expenses | 69,457 | 24,230 | 80,870 | 42,072 | 216,629 | ||||||||||||
| | | | | | | | | | | | | | | | | |
Operating income (loss) | 173,195 | 3,621 | 70,953 | (24,367 | ) | 223,402 | |||||||||||
Interest and other income | — | — | — | 1,451 | 1,451 | ||||||||||||
Interest expense | (41,510 | ) | (2,352 | ) | (996 | ) | (53,404 | ) | (98,262 | ) | |||||||
Loss on early extinguishment of debt | — | — | — | (427 | ) | (427 | ) | ||||||||||
| | | | | | | | | | | | | | | | | |
Income (loss) before income tax expense and equity in earnings of an investee | 131,685 | 1,269 | 69,957 | (76,747 | ) | 126,164 | |||||||||||
Income tax expense | — | — | — | (312 | ) | (312 | ) | ||||||||||
Equity in earnings of an investee | — | — | — | 139 | 139 | ||||||||||||
| | | | | | | | | | | | | | | | | |
Income (loss) from continuing operations | 131,685 | 1,269 | 69,957 | (76,920 | ) | 125,991 | |||||||||||
Discontinued Operations: | |||||||||||||||||
Income from discontinued operations | — | — | 4,113 | — | 4,113 | ||||||||||||
| | | | | | | | | | | | | | | | | |
Income before gain on sale of properties | 131,685 | 1,269 | 74,070 | (76,920 | ) | 130,104 | |||||||||||
Gain on sale of properties | 21,236 | — | 79 | — | 21,315 | ||||||||||||
| | | | | | | | | | | | | | | | | |
Net income (loss) | $ | 152,921 | $ | 1,269 | $ | 74,149 | $ | (76,920 | ) | $ | 151,419 | ||||||
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Total assets | $ | 1,818,469 | $ | 643,063 | $ | 1,487,364 | $ | 434,152 | $ | 4,383,048 | |||||||
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Income_Taxes
Income Taxes | 12 Months Ended | ||||||||||
Dec. 31, 2013 | |||||||||||
Income Taxes | ' | ||||||||||
Income Taxes | ' | ||||||||||
Note 11. Income Taxes | |||||||||||
Our provision for income taxes consists of the following: | |||||||||||
For the year ended December 31, | |||||||||||
2013 | 2012 | 2011 | |||||||||
Current: | |||||||||||
Federal | $ | — | $ | — | $ | — | |||||
State | 600 | 375 | 312 | ||||||||
| | | | | | | | | | | |
600 | 375 | 312 | |||||||||
| | | | | | | | | | | |
Deferred: | |||||||||||
Federal | — | — | — | ||||||||
State | — | — | — | ||||||||
| | | | | | | | | | | |
— | — | — | |||||||||
| | | | | | | | | | | |
Income tax provision | $ | 600 | $ | 375 | $ | 312 | |||||
| | | | | | | | | | | |
| | | | | | | | | | | |
A reconciliation of our effective tax rate and the U.S. federal statutory income tax rate is as follows: | |||||||||||
For the year ended December 31, | |||||||||||
2013 | 2012 | 2011 | |||||||||
Taxes at statutory U.S. federal income tax rate | 35 | % | 35 | % | 35 | % | |||||
Nontaxable income of SNH | (35.0 | )% | (35.0 | )% | (35.0 | )% | |||||
State and local income taxes, net of federal tax benefit | 0.4 | % | 0.3 | % | 0.2 | % | |||||
Change in valuation allowance | 3.5 | % | 2.4 | % | 0.4 | % | |||||
Other differences, net | (3.5 | )% | (2.4 | )% | (0.4 | )% | |||||
| | | | | | | | | | | |
Effective tax rate | 0.4 | % | 0.3 | % | 0.2 | % | |||||
| | | | | | | | | | | |
| | | | | | | | | | | |
Deferred income tax balances reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities on our consolidated balance sheets and the amounts used for income tax purposes and are stated at enacted tax rates expected to be in effect when taxes are actually paid or recovered. Significant components of our deferred tax assets and liabilities are as follows: | |||||||||||
For the year ended December 31, | |||||||||||
2013 | 2012 | ||||||||||
Deferred tax assets: | |||||||||||
Deferred revenue | $ | 2,987 | $ | 2,169 | |||||||
Tax loss carryforwards | 7,373 | 1,751 | |||||||||
| | | | | | | | ||||
10,360 | 3,920 | ||||||||||
Valuation allowance | (10,203 | ) | (3,814 | ) | |||||||
| | | | | | | | ||||
157 | 106 | ||||||||||
| | | | | | | | ||||
Deferred tax liabilities: | |||||||||||
Depreciable assets | (157 | ) | (106 | ) | |||||||
| | | | | | | | ||||
— | — | ||||||||||
| | | | | | | | ||||
Net deferred income taxes | $ | — | $ | — | |||||||
| | | | | | | | ||||
| | | | | | | | ||||
Deferred tax liabilities are included in other liabilities in the accompanying consolidated balance sheets. | |||||||||||
Because of our TRSs' short operating history and history of losses, we are not able to conclude that it is more likely than not we will realize the future benefit of our deferred tax assets; thus we have provided a 100% valuation allowance as of December 31, 2013 and 2012. If and when we believe it is more likely than not that we will recover our deferred tax assets, we will reverse the valuation allowance as an income tax benefit in our consolidated statement of operations. As of December 31, 2013, our consolidated TRSs had net operating loss carry forwards for federal income tax purposes of approximately $18,648, which, if unused, begin to expire in 2031. | |||||||||||
Selected_Quarterly_Financial_D
Selected Quarterly Financial Data (unaudited) | 12 Months Ended | |||||||||||||
Dec. 31, 2013 | ||||||||||||||
Selected Quarterly Financial Data (unaudited) | ' | |||||||||||||
Selected Quarterly Financial Data (unaudited) | ' | |||||||||||||
Note 12. Selected Quarterly Financial Data (unaudited) | ||||||||||||||
The following is a summary of our unaudited quarterly results of operations for 2013 and 2012: | ||||||||||||||
2013 | ||||||||||||||
First | Second | Third | Fourth | |||||||||||
Quarter | Quarter | Quarter | Quarter | |||||||||||
Revenues | $ | 186,909 | $ | 186,928 | $ | 187,265 | $ | 200,336 | ||||||
Net income(1) | 35,235 | 5,598 | 38,125 | 72,206 | ||||||||||
Per share data: | ||||||||||||||
Net income | $ | 0.19 | $ | 0.03 | $ | 0.2 | $ | 0.38 | ||||||
Common distributions declared(2) | $ | 0.39 | $ | 0.39 | $ | 0.39 | $ | 0.39 | ||||||
2012 | ||||||||||||||
First | Second | Third | Fourth | |||||||||||
Quarter | Quarter | Quarter | Quarter | |||||||||||
Revenues | $ | 142,596 | $ | 144,393 | $ | 156,108 | $ | 191,703 | ||||||
Net income | 32,352 | 33,251 | 25,646 | 44,636 | ||||||||||
Per share data: | ||||||||||||||
Net income | $ | 0.2 | $ | 0.2 | $ | 0.15 | $ | 0.25 | ||||||
Common distributions declared(2) | $ | 0.38 | $ | 0.38 | $ | 0.39 | $ | 0.39 | ||||||
-1 | ||||||||||||||
In the second quarter, we recorded impairment charges of $32,267. On December 31, 2013, we sold our two rehabilitation hospitals for a gain of $36,251. | ||||||||||||||
-2 | ||||||||||||||
Amounts represent distributions declared with respect to the periods shown. Distributions are generally paid in the quarterly period following the quarterly period to which they relate. | ||||||||||||||
Pro_Forma_Information_unaudite
Pro Forma Information (unaudited) | 12 Months Ended | |||||||
Dec. 31, 2013 | ||||||||
Pro Forma Information (unaudited) | ' | |||||||
Pro Forma Information (unaudited) | ' | |||||||
Note 13. Pro Forma Information (unaudited) | ||||||||
During 2013, we purchased six senior living communities and six MOBs (seven buildings) for $202,824 and assumed $12,266 of mortgage debt at a weighted average interest rate of 6.25% related to certain of our 2013 acquisitions. We sold one skilled nursing facility and two rehabilitation hospitals for $92,250, recording a gain on sale of $37,392. In January 2013, we issued 11,500,000 common shares in a public offering, raising net proceeds of approximately $262,068. | ||||||||
During 2012, we purchased 11 senior living communities and 12 MOBs (13 buildings) for $449,657 and assumed $121,793 of mortgage debt at a weighted average interest rate of 5.84% related to certain of our 2012 acquisitions. We sold one MOB (one building) for $1,100, recording a loss on sale of $101. In July 2012, we issued 13,800,000 common shares in a public offering, raising net proceeds of approximately $287,052. In July 2012, we sold $350,000 of unsecured senior notes due 2042 at a fixed rate of 5.625% per annum. | ||||||||
The following table presents our pro forma results of operations as if all of these 2012 and 2013 activities were completed on January 1, 2012. This pro forma data is not necessarily indicative of what actual results of operations would have been for the periods presented, nor does it represent the results of operations for any future period. Differences could result from, but are not limited to, additional property sales or investments, changes in interest rates and changes in our equity or debt structure. | ||||||||
For the Year Ended | ||||||||
December 31, | ||||||||
2013 | 2012 | |||||||
Total revenues | $ | 766,263 | $ | 696,806 | ||||
Net income | $ | 113,150 | $ | 179,804 | ||||
Per common share data: | ||||||||
Net income | $ | 0.6 | $ | 0.96 | ||||
During the year ended December 31, 2013, we recognized revenues of $12,306, property operating expenses of $4,057 and interest expense of $368 arising from our acquisitions completed in 2013. During the year ended December 31, 2012, we recognized revenues of $26,840, property operating expenses of $15,957 and interest expense of $2,354 arising from our acquisitions completed in 2012. | ||||||||
SCHEDULE_III_REAL_ESTATE_AND_A
SCHEDULE III REAL ESTATE AND ACCUMULATED DEPRECIATION | 12 Months Ended | ||||||||||||||||||||||||||||||||||||||
Dec. 31, 2013 | |||||||||||||||||||||||||||||||||||||||
SCHEDULE III REAL ESTATE AND ACCUMULATED DEPRECIATION | ' | ||||||||||||||||||||||||||||||||||||||
SCHEDULE III REAL ESTATE AND ACCUMULATED DEPRECIATION | ' | ||||||||||||||||||||||||||||||||||||||
SENIOR HOUSING PROPERTIES TRUST | |||||||||||||||||||||||||||||||||||||||
SCHEDULE III | |||||||||||||||||||||||||||||||||||||||
REAL ESTATE AND ACCUMULATED DEPRECIATION | |||||||||||||||||||||||||||||||||||||||
31-Dec-13 | |||||||||||||||||||||||||||||||||||||||
(Dollars appearing in the table below are in thousands) | |||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost at December 31, 2013 | ||||||||||||||||||||||||||||||||||||||
Address | City | State | Encumbrances | Land | Buildings, | Cost | Impairment | Land | Buildings, | Total(1) | Accumulated | Date | Original | ||||||||||||||||||||||||||
Improvements & | Capitalized | Improvements & | Depreciation(2) | Acquired(3) | Construction / | ||||||||||||||||||||||||||||||||||
Equipment | Subsequent to | Equipment | Renovated | ||||||||||||||||||||||||||||||||||||
Acquisition | Date | ||||||||||||||||||||||||||||||||||||||
2184 Parkway Lake Drive | Birmingham | AL | — | 580 | 5,980 | 188 | — | 580 | 6,168 | 6,748 | 820 | 8/1/08 | 2001 | ||||||||||||||||||||||||||
2634 Valleydale Road | Birmingham | AL | — | 600 | 7,574 | 879 | — | 600 | 8,453 | 9,053 | 1,083 | 8/1/08 | 2000 | ||||||||||||||||||||||||||
2021 Dahike Drive, NE | Cullman | AL | — | 287 | 3,415 | 289 | — | 287 | 3,704 | 3,991 | 977 | 11/19/04 | 1998 | ||||||||||||||||||||||||||
49 Hughes Road | Madison | AL | — | 334 | 3,981 | 429 | — | 334 | 4,410 | 4,744 | 1,120 | 11/19/04 | 1998 | ||||||||||||||||||||||||||
200 Terrace Lane | Priceville | AL | — | 1,300 | 9,447 | 114 | — | 1,300 | 9,561 | 10,861 | 500 | 2/1/12 | 2006 | ||||||||||||||||||||||||||
413 Cox Boulevard | Sheffield | AL | — | 394 | 4,684 | 456 | — | 394 | 5,140 | 5,534 | 1,281 | 11/19/04 | 1998 | ||||||||||||||||||||||||||
13840 North Desert Harbor Drive | Peoria | AZ | — | 2,687 | 15,843 | 3,175 | — | 2,687 | 19,018 | 21,705 | 6,574 | 1/11/02 | 1990 | ||||||||||||||||||||||||||
2444 West Las Palmaritas Drive | Phoenix | AZ | — | 3,820 | 6,666 | — | — | 3,820 | 6,666 | 10,486 | 500 | 12/22/10 | 1982 | ||||||||||||||||||||||||||
11209 N. Tatum Boulevard | Phoenix | AZ | — | 1,380 | 6,349 | 610 | — | 1,380 | 6,959 | 8,339 | 418 | 9/30/11 | 1987 | ||||||||||||||||||||||||||
7090 East Mescal Street | Scottsdale | AZ | — | 2,315 | 13,650 | 3,809 | — | 2,315 | 17,459 | 19,774 | 5,683 | 1/11/02 | 1984 / 2010 | ||||||||||||||||||||||||||
6001 E. Thomas Road | Scottsdale | AZ | — | 941 | 8,807 | 480 | — | 941 | 9,287 | 10,228 | 4,417 | 5/16/94 | 1990 | ||||||||||||||||||||||||||
17225 Boswell Blvd. | Sun City | AZ | — | 1,189 | 10,569 | 367 | — | 1,189 | 10,936 | 12,125 | 5,261 | 6/17/94 | 1990 | ||||||||||||||||||||||||||
14001 W. Meeker Boulevard | Sun City West | AZ | — | 395 | 3,307 | — | — | 395 | 3,307 | 3,702 | 1,021 | 2/28/03 | 1998 | ||||||||||||||||||||||||||
2500 North Rosemont Boulevard | Tucson | AZ | — | 4,429 | 26,119 | 3,372 | — | 4,429 | 29,491 | 33,920 | 10,417 | 1/11/02 | 1989 | ||||||||||||||||||||||||||
710 N. Euclid | Anaheim | CA | — | 2,850 | 6,964 | 734 | — | 2,888 | 7,660 | 10,548 | 1,011 | 7/9/08 | 1992 | ||||||||||||||||||||||||||
1350 S. El Camino Real | Encinitas | CA | — | 1,510 | 18,042 | 374 | — | 1,510 | 18,416 | 19,926 | 2,675 | 3/31/08 | 1999 | ||||||||||||||||||||||||||
47201 Lakeview Boulevard | Fremont | CA | — | 3,200 | 10,177 | — | — | 3,200 | 10,177 | 13,377 | 572 | 9/30/11 | 1990 | ||||||||||||||||||||||||||
47211/47215 Lakeview Boulevard | Fremont | CA | — | 3,750 | 12,656 | — | — | 3,750 | 12,656 | 16,406 | 712 | 9/30/11 | 1985 | ||||||||||||||||||||||||||
47900 Bayside Parkway | Fremont | CA | — | 4,580 | 10,370 | 852 | — | 4,580 | 11,222 | 15,802 | 611 | 9/30/11 | 1991 / 2012 | ||||||||||||||||||||||||||
577 South Peach Street | Fresno | CA | — | 738 | 2,577 | 188 | — | 738 | 2,765 | 3,503 | 1,677 | 12/28/90 | 1963 / 1985 | ||||||||||||||||||||||||||
6075 N. Marks Avenue | Fresno | CA | — | 880 | 12,751 | 322 | — | 880 | 13,073 | 13,953 | 1,878 | 3/31/08 | 1996 | ||||||||||||||||||||||||||
24552 Paseo de Valencia | Laguna Hills | CA | — | 3,172 | 28,184 | 1,139 | — | 3,172 | 29,323 | 32,495 | 13,851 | 9/9/94 | 1975 / 1991 | ||||||||||||||||||||||||||
1642 West Avenue J | Lancaster | CA | — | 601 | 1,859 | 3,069 | — | 601 | 4,928 | 5,529 | 2,157 | 12/28/90 | 1969 / 2011 | ||||||||||||||||||||||||||
8631 West 3rd Street | Los Angeles | CA | — | 24,640 | 88,277 | 2,655 | — | 24,640 | 90,932 | 115,572 | 6,926 | 11/22/10 | 1978 | ||||||||||||||||||||||||||
8635 West 3rd Street | Los Angeles | CA | — | 24,640 | 90,352 | 2,724 | — | 24,640 | 93,076 | 117,716 | 7,104 | 11/22/10 | 1978 | ||||||||||||||||||||||||||
1319 Brookside Avenue | Redlands | CA | — | 1,770 | 9,982 | 255 | — | 1,770 | 10,237 | 12,007 | 1,469 | 3/31/08 | 1999 | ||||||||||||||||||||||||||
SENIOR HOUSING PROPERTIES TRUST | |||||||||||||||||||||||||||||||||||||||
SCHEDULE III | |||||||||||||||||||||||||||||||||||||||
REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued) | |||||||||||||||||||||||||||||||||||||||
31-Dec-13 | |||||||||||||||||||||||||||||||||||||||
(Dollars appearing in the table below are in thousands) | |||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost at December 31, 2013 | ||||||||||||||||||||||||||||||||||||||
Address | City | State | Encumbrances | Land | Buildings, | Cost | Impairment | Land | Buildings, | Total(1) | Accumulated | Date | Original | ||||||||||||||||||||||||||
Improvements & | Capitalized | Improvements & | Depreciation(2) | Acquired(3) | Construction / | ||||||||||||||||||||||||||||||||||
Equipment | Subsequent to | Equipment | Renovated | ||||||||||||||||||||||||||||||||||||
Acquisition | Date | ||||||||||||||||||||||||||||||||||||||
110 Sterling Court | Roseville | CA | — | 1,620 | 10,262 | 343 | — | 1,620 | 10,605 | 12,225 | 1,518 | 3/31/08 | 1998 | ||||||||||||||||||||||||||
1371 Parkside Drive | San Bernardino | CA | — | 1,250 | 9,069 | 686 | — | 1,250 | 9,755 | 11,005 | 2,012 | 8/31/06 | 1988 | ||||||||||||||||||||||||||
16925 & 16916 Hierba Drive | San Diego | CA | — | 9,142 | 53,904 | 10,341 | — | 9,142 | 64,245 | 73,387 | 21,566 | 1/11/02 | 1987 / 2013 | ||||||||||||||||||||||||||
3030 Science Park | San Diego | CA | — | 2,466 | 46,473 | — | — | 2,466 | 46,473 | 48,939 | 5,131 | 8/6/09 | 1986 / 2006 | ||||||||||||||||||||||||||
3040 Science Park | San Diego | CA | — | 1,225 | 23,077 | — | — | 1,225 | 23,077 | 24,302 | 2,548 | 8/6/09 | 1986 / 2006 | ||||||||||||||||||||||||||
3050 Science Park | San Diego | CA | — | 1,508 | 28,753 | — | — | 1,508 | 28,753 | 30,261 | 3,175 | 8/6/09 | 1986 / 2006 | ||||||||||||||||||||||||||
537 E. Fulton Street | Stockton | CA | — | 382 | 2,750 | 787 | — | 382 | 3,537 | 3,919 | 1,906 | 6/30/92 | 1968 | ||||||||||||||||||||||||||
877 East March Lane | Stockton(4) | CA | 7,516 | 1,176 | 11,171 | 5,132 | — | 1,176 | 16,303 | 17,479 | 4,541 | 9/30/03 | 1988 / 2009 | ||||||||||||||||||||||||||
3530 Deer Park Drive | Stockton | CA | — | 670 | 14,419 | 357 | — | 670 | 14,776 | 15,446 | 2,124 | 3/31/08 | 1999 | ||||||||||||||||||||||||||
93 W Avenida de Los Arboles | Thousand Oaks | CA | — | 622 | 2,522 | 2,456 | — | 622 | 4,978 | 5,600 | 2,332 | 12/28/90 | 1965 / 2011 | ||||||||||||||||||||||||||
6835 Hazeltine Street | Van Nuys | CA | — | 718 | 378 | 755 | — | 718 | 1,133 | 1,851 | 591 | 12/28/90 | 1969 / 1984 | ||||||||||||||||||||||||||
1866 San Miguel Drive | Walnut Creek | CA | — | 2,010 | 9,290 | 1,175 | — | 2,010 | 10,465 | 12,475 | 546 | 12/1/11 | 1996 / 2013 | ||||||||||||||||||||||||||
515 Fairview | Canon City | CO | — | 292 | 6,228 | 1,037 | (3,512 | ) | 292 | 3,753 | 4,045 | 1,442 | 9/26/97 | 1970 / 1984 | |||||||||||||||||||||||||
110 West Van Buren | Colorado Springs | CO | — | 245 | 5,236 | 1,673 | (3,031 | ) | 245 | 3,878 | 4,123 | 1,409 | 9/26/97 | 1972 / 1996 | |||||||||||||||||||||||||
3920 East San Miguel Street | Colorado Springs | CO | — | 1,380 | 8,894 | 96 | — | 1,380 | 8,990 | 10,370 | 364 | 7/31/12 | 1977 | ||||||||||||||||||||||||||
2050 South Main | Delta | CO | — | 167 | 3,570 | 763 | — | 167 | 4,333 | 4,500 | 1,854 | 9/26/97 | 1963 / 1978 | ||||||||||||||||||||||||||
2501 Little Bookcliff Drive | Grand Junction | CO | — | 204 | 3,875 | 1,435 | — | 204 | 5,310 | 5,514 | 2,708 | 12/30/93 | 1968 / 1986 | ||||||||||||||||||||||||||
2825 Patterson Road | Grand Junction | CO | — | 173 | 2,583 | 2,101 | — | 173 | 4,684 | 4,857 | 2,416 | 12/30/93 | 1978 / 1995 | ||||||||||||||||||||||||||
1599 Ingalls Street | Lakewood | CO | — | 232 | 3,766 | 2,882 | — | 232 | 6,648 | 6,880 | 3,308 | 12/28/90 | 1972 / 2011 | ||||||||||||||||||||||||||
5555 South Elati Street | Littleton | CO | — | 185 | 5,043 | 2,314 | — | 185 | 7,357 | 7,542 | 3,895 | 12/28/90 | 1965 | ||||||||||||||||||||||||||
8271 South Continental Divide Road | Littleton | CO | — | 400 | 3,507 | — | — | 400 | 3,507 | 3,907 | 1,082 | 2/28/03 | 1998 | ||||||||||||||||||||||||||
9005 / 9025 Grant Street | Thornton | CO | — | 961 | 10,867 | 1 | — | 961 | 10,868 | 11,829 | 272 | 12/28/12 | 2001 | ||||||||||||||||||||||||||
9005 / 9025 Grant Street | Thornton | CO | — | 475 | 909 | — | — | 475 | 909 | 1,384 | 23 | 12/28/12 | 2001 | ||||||||||||||||||||||||||
7809 W. 38th Avenue | Wheat Ridge | CO | — | 470 | 3,373 | — | — | 470 | 3,373 | 3,843 | 316 | 4/1/10 | 2004 | ||||||||||||||||||||||||||
40 Sebethe Drive | Cromwell | CT | — | 570 | 5,304 | 491 | — | 570 | 5,795 | 6,365 | 398 | 12/22/10 | 1998 | ||||||||||||||||||||||||||
866 North Main Street | Wallingford | CT | — | 430 | 3,136 | 313 | — | 430 | 3,449 | 3,879 | 237 | 12/22/10 | 1984 | ||||||||||||||||||||||||||
SENIOR HOUSING PROPERTIES TRUST | |||||||||||||||||||||||||||||||||||||||
SCHEDULE III | |||||||||||||||||||||||||||||||||||||||
REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued) | |||||||||||||||||||||||||||||||||||||||
31-Dec-13 | |||||||||||||||||||||||||||||||||||||||
(Dollars appearing in the table below are in thousands) | |||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost at December 31, 2013 | ||||||||||||||||||||||||||||||||||||||
Address | City | State | Encumbrances | Land | Buildings, | Cost | Impairment | Land | Buildings, | Total(1) | Accumulated | Date | Original | ||||||||||||||||||||||||||
Improvements & | Capitalized | Improvements & | Depreciation(2) | Acquired(3) | Construction / | ||||||||||||||||||||||||||||||||||
Equipment | Subsequent to | Equipment | Renovated | ||||||||||||||||||||||||||||||||||||
Acquisition | Date | ||||||||||||||||||||||||||||||||||||||
1145 19th Street | Washington | DC | — | 13,600 | 24,880 | 2,449 | — | 13,600 | 27,329 | 40,929 | 3,242 | 5/20/09 | 1976 | ||||||||||||||||||||||||||
2141 K Street | Washington | DC | — | 13,700 | 8,400 | 1,356 | — | 13,700 | 9,756 | 23,456 | 1,209 | 12/22/08 | 1966 | ||||||||||||||||||||||||||
255 Possum Park Road | Newark | DE | — | 2,010 | 11,852 | 2,777 | — | 2,010 | 14,629 | 16,639 | 4,885 | 1/11/02 | 1982 | ||||||||||||||||||||||||||
4175 Ogletown Road / 501 South Harmony Road | Newark | DE | — | 1,500 | 19,447 | 990 | — | 1,500 | 20,437 | 21,937 | 2,889 | 3/31/08 | 1998 | ||||||||||||||||||||||||||
1912 Marsh Road | Wilmington | DE | — | 4,365 | 25,739 | 2,503 | — | 4,365 | 28,242 | 32,607 | 9,444 | 1/11/02 | 1988 / 2012 | ||||||||||||||||||||||||||
1212 Foulk Road | Wilmington(4) | DE | 7,304 | 1,179 | 6,950 | 1,329 | — | 1,179 | 8,279 | 9,458 | 3,069 | 1/11/02 | 1974 / 1998 | ||||||||||||||||||||||||||
407 Foulk Road | Wilmington | DE | — | 38 | 227 | 1,080 | — | 38 | 1,307 | 1,345 | 409 | 1/11/02 | 1965 | ||||||||||||||||||||||||||
2723 Shipley Road | Wilmington | DE | — | 869 | 5,126 | 3,297 | — | 869 | 8,423 | 9,292 | 2,896 | 1/11/02 | 1989 / 2008 | ||||||||||||||||||||||||||
13709 Progress Boulevard | Alachua | FL | — | 1,080 | 1,675 | 178 | — | 1,080 | 1,853 | 2,933 | 109 | 6/6/11 | 1985 | ||||||||||||||||||||||||||
Progress Center—Lot 1 Property | Alachua | FL | — | 165 | — | — | — | 165 | — | 165 | — | 6/6/11 | N/A | ||||||||||||||||||||||||||
Progress Center—Lot 4 Property | Alachua | FL | — | 331 | — | — | — | 331 | — | 331 | — | 6/6/11 | N/A | ||||||||||||||||||||||||||
13859 Progress Boulevard | Alachua(4) | FL | 3,444 | 570 | 4,276 | — | — | 570 | 4,276 | 4,846 | 258 | 7/26/11 | 2007 | ||||||||||||||||||||||||||
13545 Progress Boulevard | Alachua | FL | — | 512 | 4,935 | — | — | 512 | 4,935 | 5,447 | 319 | 6/6/11 | 2009 | ||||||||||||||||||||||||||
13631 Progress Boulevard | Alachua | FL | — | 512 | 4,941 | — | — | 512 | 4,941 | 5,453 | 319 | 6/6/11 | 2009 | ||||||||||||||||||||||||||
Progress Vacant Land (47 acres) | Alachua | FL | — | 4,000 | — | — | — | 4,000 | — | 4,000 | — | 8/30/11 | N/A | ||||||||||||||||||||||||||
6343 Via de Sonrisa del Sur | Boca Raton | FL | — | 4,166 | 39,633 | 729 | — | 4,166 | 40,362 | 44,528 | 19,800 | 5/20/94 | 1994 / 1999 | ||||||||||||||||||||||||||
22601 Camino Del Mar | Boca Raton(4) | FL | 19,751 | 3,200 | 46,800 | 1,586 | — | 3,200 | 48,386 | 51,586 | 2,779 | 12/15/11 | 1990 | ||||||||||||||||||||||||||
1425 Congress Avenue | Boynton Beach | FL | — | 2,390 | 14,768 | 779 | — | 2,390 | 15,547 | 17,937 | 1,012 | 8/9/11 | 1994 | ||||||||||||||||||||||||||
1325 S. Congress Avenue | Boynton Beach | FL | — | 1,620 | 5,341 | 13 | — | 1,620 | 5,354 | 6,974 | 190 | 7/27/12 | 1985 / 2009 | ||||||||||||||||||||||||||
1416 Country Club Blvd. | Cape Coral | FL | — | 400 | 2,907 | — | — | 400 | 2,907 | 3,307 | 899 | 2/28/03 | 1998 | ||||||||||||||||||||||||||
8500 Royal Palm Boulevard | Coral Springs | FL | — | 3,410 | 20,104 | 22,676 | — | 3,410 | 42,780 | 46,190 | 10,135 | 1/11/02 | 1984 / 2011 | ||||||||||||||||||||||||||
3001 Deer Creek Boulevard | Deerfield Beach | FL | — | 3,196 | 18,848 | 15,198 | — | 3,196 | 34,046 | 37,242 | 9,069 | 1/11/02 | 1990 / 2012 | ||||||||||||||||||||||||||
1208 South Military Trail | Deerfield Beach | FL | — | 1,690 | 14,972 | 3,112 | — | 1,690 | 18,084 | 19,774 | 7,633 | 5/16/94 | 1986 | ||||||||||||||||||||||||||
2525 East First Street | Fort Myers | FL | — | 2,385 | 21,137 | 1,720 | — | 2,475 | 22,767 | 25,242 | 10,537 | 8/16/94 | 1984 / 1987 | ||||||||||||||||||||||||||
12780 Kenwood Lane | Fort Myers | FL | — | 369 | 2,174 | 2,315 | — | 369 | 4,489 | 4,858 | 1,207 | 1/11/02 | 1990 / 2008 | ||||||||||||||||||||||||||
1825 Ridgewood Avenue | Holly Hill(4) | FL | 12,366 | 900 | 21,202 | 1,069 | — | 900 | 22,271 | 23,171 | 1,499 | 7/22/11 | 1926 / 2005 | ||||||||||||||||||||||||||
SENIOR HOUSING PROPERTIES TRUST | |||||||||||||||||||||||||||||||||||||||
SCHEDULE III | |||||||||||||||||||||||||||||||||||||||
REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued) | |||||||||||||||||||||||||||||||||||||||
31-Dec-13 | |||||||||||||||||||||||||||||||||||||||
(Dollars appearing in the table below are in thousands) | |||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost at December 31, 2013 | ||||||||||||||||||||||||||||||||||||||
Address | City | State | Encumbrances | Land | Buildings, | Cost | Impairment | Land | Buildings, | Total(1) | Accumulated | Date | Original | ||||||||||||||||||||||||||
Improvements & | Capitalized | Improvements & | Depreciation(2) | Acquired(3) | Construction / | ||||||||||||||||||||||||||||||||||
Equipment | Subsequent to | Equipment | Renovated | ||||||||||||||||||||||||||||||||||||
Acquisition | Date | ||||||||||||||||||||||||||||||||||||||
2480 North Park Road | Hollywood | FL | — | 4,500 | 40,500 | 9,394 | — | 4,500 | 49,894 | 54,394 | 2,508 | 12/15/11 | 1986 / 2013 | ||||||||||||||||||||||||||
8901 Tamiami Trail E. | Naples | FL | — | 3,200 | 2,898 | 12,392 | — | 3,200 | 15,290 | 18,490 | 2,614 | 8/31/06 | 1984 / 2007 | ||||||||||||||||||||||||||
12780 Waterford Lakes Parkway | Orlando | FL | — | 977 | 3,926 | — | — | 977 | 3,926 | 4,903 | — | 12/18/13 | 2002 | ||||||||||||||||||||||||||
1603 S. Hiawassee Road | Orlando | FL | — | 488 | 2,617 | — | — | 488 | 2,617 | 3,105 | — | 12/18/13 | 2003 | ||||||||||||||||||||||||||
1825 N. Mills Avenue, Orlando | Orlando | FL | — | 519 | 1,799 | 336 | — | 519 | 2,135 | 2,654 | 247 | 12/22/08 | 1997 | ||||||||||||||||||||||||||
1911 N. Mills Avenue, Orlando | Orlando | FL | — | 1,946 | 7,197 | 492 | — | 1,946 | 7,689 | 9,635 | 945 | 12/22/08 | 1997 | ||||||||||||||||||||||||||
1925 N. Mills Avenue, Orlando | Orlando | FL | — | 135 | 532 | 49 | — | 135 | 581 | 716 | 69 | 12/22/08 | 1997 | ||||||||||||||||||||||||||
250 N. Alafaya Trail | Orlando | FL | — | 967 | 4,362 | — | — | 967 | 4,362 | 5,329 | — | 12/18/13 | 1999 | ||||||||||||||||||||||||||
900 West Lake Road | Palm Harbor(4) | FL | 23,359 | 3,449 | 20,336 | 5,555 | — | 3,449 | 25,891 | 29,340 | 8,524 | 1/11/02 | 1989 / 2011 | ||||||||||||||||||||||||||
45 Katherine Boulevard | Palm Harbor | FL | — | 3,379 | 29,945 | 1,495 | — | 3,379 | 31,440 | 34,819 | 15,025 | 5/16/94 | 1992 / 2011 | ||||||||||||||||||||||||||
8500 West Sunrise Boulevard | Plantation(4) | FL | 16,393 | 4,700 | 24,300 | 1,677 | — | 4,700 | 25,977 | 30,677 | 1,685 | 12/15/11 | 1989 | ||||||||||||||||||||||||||
2701 North Course Dr. | Pompano Beach | FL | — | 7,700 | 2,127 | 34,456 | — | 7,700 | 36,583 | 44,283 | 6,489 | 8/31/06 | 1985 / 2010 | ||||||||||||||||||||||||||
1371 South Ocean Boulevard | Pompano Beach | FL | — | 2,500 | 15,500 | 1,243 | — | 2,500 | 16,743 | 19,243 | 1,050 | 12/15/11 | 1991 | ||||||||||||||||||||||||||
20480 Veterans Boulevard | Port Charlotte | FL | — | 400 | 11,934 | 498 | — | 400 | 12,432 | 12,832 | 868 | 7/22/11 | 1996 | ||||||||||||||||||||||||||
501 N.W. Cashmere Boulevard | Port St. Lucie | FL | — | 890 | 9,345 | 487 | — | 890 | 9,832 | 10,722 | 694 | 7/22/11 | 2007 | ||||||||||||||||||||||||||
1699 S.E. Lyngate Drive | Port St. Lucie | FL | — | 1,242 | 11,009 | 509 | — | 1,242 | 11,518 | 12,760 | 5,526 | 5/20/94 | 1993 | ||||||||||||||||||||||||||
900 South Harbour Island Blvd. | Tampa | FL | — | 4,850 | 6,349 | 7 | — | 4,850 | 6,356 | 11,206 | 986 | 10/30/07 | 1986 | ||||||||||||||||||||||||||
111 Executive Center Drive | West Palm Beach | FL | — | 2,061 | 12,153 | 9,363 | — | 2,061 | 21,516 | 23,577 | 6,411 | 1/11/02 | 1988 / 2007 | ||||||||||||||||||||||||||
855 North Point Pkwy | Alpharetta | GA | — | 5,390 | 26,712 | — | — | 5,390 | 26,712 | 32,102 | 3,589 | 8/21/08 | 2006 | ||||||||||||||||||||||||||
1291 Cedar Shoals Drive | Athens | GA | — | 337 | 4,006 | 397 | — | 337 | 4,403 | 4,740 | 1,104 | 11/19/04 | 1998 | ||||||||||||||||||||||||||
59 Executive Park South | Atlanta | GA | — | 4,980 | 11,266 | 474 | — | 4,980 | 11,740 | 16,720 | 847 | 1/26/11 | 1966 / 2002 | ||||||||||||||||||||||||||
1515 Sheridan Road | Atlanta | GA | — | 5,800 | 9,305 | 3 | — | 5,800 | 9,308 | 15,108 | 1,425 | 11/30/07 | 1978 | ||||||||||||||||||||||||||
240 Marietta Highway | Canton | GA | — | 806 | 8,555 | 359 | — | 806 | 8,914 | 9,720 | 50 | 10/1/13 | 1997 / 2008 | ||||||||||||||||||||||||||
4500 South Stadium Drive | Columbus | GA | — | 294 | 3,505 | 132 | — | 294 | 3,637 | 3,931 | 927 | 11/19/04 | 1999 | ||||||||||||||||||||||||||
1352 Wellbrook Circle | Conyers | GA | — | 342 | 4,068 | 822 | — | 342 | 4,890 | 5,232 | 1,162 | 11/19/04 | 1997 / 2008 | ||||||||||||||||||||||||||
1501 Milstead Road | Conyers | GA | — | 750 | 7,788 | — | — | 750 | 7,788 | 8,538 | 634 | 9/30/10 | 2008 | ||||||||||||||||||||||||||
SENIOR HOUSING PROPERTIES TRUST | |||||||||||||||||||||||||||||||||||||||
SCHEDULE III | |||||||||||||||||||||||||||||||||||||||
REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued) | |||||||||||||||||||||||||||||||||||||||
31-Dec-13 | |||||||||||||||||||||||||||||||||||||||
(Dollars appearing in the table below are in thousands) | |||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost at December 31, 2013 | ||||||||||||||||||||||||||||||||||||||
Address | City | State | Encumbrances | Land | Buildings, | Cost | Impairment | Land | Buildings, | Total(1) | Accumulated | Date | Original | ||||||||||||||||||||||||||
Improvements & | Capitalized | Improvements & | Depreciation(2) | Acquired(3) | Construction / | ||||||||||||||||||||||||||||||||||
Equipment | Subsequent to | Equipment | Renovated | ||||||||||||||||||||||||||||||||||||
Acquisition | Date | ||||||||||||||||||||||||||||||||||||||
4960 Jot Em Down Road | Cumming | GA | — | 1,548 | 18,666 | 887 | — | 1,548 | 19,553 | 21,101 | 204 | 8/1/13 | 2011 | ||||||||||||||||||||||||||
2470 Dug Gap Road | Dalton | GA | — | 262 | 3,119 | 343 | — | 262 | 3,462 | 3,724 | 843 | 11/19/04 | 1997 | ||||||||||||||||||||||||||
101 West Ponce De Leon Avenue | Decatur | GA | — | 3,500 | 13,179 | — | — | 3,500 | 13,179 | 16,679 | 522 | 5/30/12 | 1992 | ||||||||||||||||||||||||||
2801 N. Decatur Road | Decatur | GA | — | 3,100 | 4,436 | 516 | — | 3,100 | 4,952 | 8,052 | 733 | 7/9/08 | 1986 | ||||||||||||||||||||||||||
114 Penland Street | Ellijay | GA | — | 496 | 7,107 | 217 | — | 496 | 7,324 | 7,820 | 41 | 10/1/13 | 2008 | ||||||||||||||||||||||||||
353 North Belair Road | Evans | GA | — | 230 | 2,663 | 347 | — | 230 | 3,010 | 3,240 | 775 | 11/19/04 | 1998 | ||||||||||||||||||||||||||
2435 Limestone Parkway | Gainesville | GA | — | 268 | 3,186 | 191 | — | 268 | 3,377 | 3,645 | 866 | 11/19/04 | 1998 | ||||||||||||||||||||||||||
8080 Summit Business Parkway | Jonesboro | GA | — | 1,800 | 20,664 | 384 | — | 1,800 | 21,048 | 22,848 | 1,515 | 6/20/11 | 2007 | ||||||||||||||||||||||||||
6191 Peake Road | Macon | GA | — | 183 | 2,179 | 284 | — | 183 | 2,463 | 2,646 | 631 | 11/19/04 | 1998 | ||||||||||||||||||||||||||
1360 Upper Hembree Road | Roswell | GA | — | 1,080 | 6,138 | — | — | 1,080 | 6,138 | 7,218 | 256 | 5/7/12 | 2007 | ||||||||||||||||||||||||||
5200 Habersham Street | Savannah(4) | GA | 4,502 | 800 | 7,800 | 143 | — | 800 | 7,943 | 8,743 | 575 | 6/23/11 | 2005 | ||||||||||||||||||||||||||
7410 Skidaway Road | Savannah | GA | — | 400 | 5,670 | 794 | — | 400 | 6,464 | 6,864 | 1,352 | 11/1/06 | 1989 | ||||||||||||||||||||||||||
1 Savannah Square Drive | Savannah | GA | — | 1,200 | 19,090 | 3,991 | — | 1,200 | 23,081 | 24,281 | 4,227 | 10/1/06 | 1987 / 2012 | ||||||||||||||||||||||||||
2078 Scenic Highway North | Snellville | GA | — | 870 | 4,030 | 121 | — | 870 | 4,151 | 5,021 | 474 | 12/10/09 | 1997 | ||||||||||||||||||||||||||
1300 Montreal Road | Tucker | GA | — | 690 | 6,210 | 711 | — | 690 | 6,921 | 7,611 | 1,639 | 6/3/05 | 1997 | ||||||||||||||||||||||||||
1100 Ward Avenue | Honolulu(4) | HI | 52,000 | 11,200 | 55,618 | 173 | — | 11,200 | 55,791 | 66,991 | 2,087 | 6/18/12 | 1961 / 1981 | ||||||||||||||||||||||||||
600 Manor Drive | Clarinda | IA | — | 77 | 1,453 | 906 | — | 77 | 2,359 | 2,436 | 1,297 | 12/30/93 | 1968 | ||||||||||||||||||||||||||
2401 E. 8th Street | Des Moines | IA | — | 123 | 627 | 894 | — | 123 | 1,521 | 1,644 | 628 | 7/1/00 | 1965 / 1997 | ||||||||||||||||||||||||||
608 Prairie Street | Mediapolis | IA | — | 94 | 1,776 | 714 | — | 94 | 2,490 | 2,584 | 1,383 | 12/30/93 | 1973 | ||||||||||||||||||||||||||
1015 West Summit | Winterset | IA | — | 111 | 2,099 | 1,313 | (314 | ) | 111 | 3,098 | 3,209 | 1,704 | 12/30/93 | 1973 / 1995 | |||||||||||||||||||||||||
2340 West Seltice Way | Coeur d'Alene | ID | — | 910 | 7,170 | 122 | — | 910 | 7,292 | 8,202 | 295 | 7/31/12 | 1993 | ||||||||||||||||||||||||||
850 Lincoln Drive | Idaho Falls | ID | — | 510 | 6,640 | 395 | — | 510 | 7,035 | 7,545 | 277 | 7/31/12 | 1978 | ||||||||||||||||||||||||||
1250 West Central Road | Arlington Heights | IL | — | 3,665 | 32,587 | 1,999 | — | 3,665 | 34,586 | 38,251 | 15,990 | 9/9/94 | 1986 | ||||||||||||||||||||||||||
1450 Busch Parkway | Buffalo Grove | IL | — | 3,800 | 11,456 | 163 | — | 3,800 | 11,619 | 15,419 | 944 | 9/16/10 | 2009 | ||||||||||||||||||||||||||
7130 Crimson Ridge Drive | Rockford | IL | — | 200 | 7,300 | 14 | — | 200 | 7,314 | 7,514 | 538 | 5/1/11 | 1999 | ||||||||||||||||||||||||||
1220 Lakeview Drive | Romeoville | IL | — | 1,120 | 19,582 | — | — | 1,120 | 19,582 | 20,702 | 2,631 | 8/21/08 | 2005 | ||||||||||||||||||||||||||
SENIOR HOUSING PROPERTIES TRUST | |||||||||||||||||||||||||||||||||||||||
SCHEDULE III | |||||||||||||||||||||||||||||||||||||||
REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued) | |||||||||||||||||||||||||||||||||||||||
31-Dec-13 | |||||||||||||||||||||||||||||||||||||||
(Dollars appearing in the table below are in thousands) | |||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost at December 31, 2013 | ||||||||||||||||||||||||||||||||||||||
Address | City | State | Encumbrances | Land | Buildings, | Cost | Impairment | Land | Buildings, | Total(1) | Accumulated | Date | Original | ||||||||||||||||||||||||||
Improvements & | Capitalized | Improvements & | Depreciation(2) | Acquired(3) | Construction / | ||||||||||||||||||||||||||||||||||
Equipment | Subsequent to | Equipment | Renovated | ||||||||||||||||||||||||||||||||||||
Acquisition | Date | ||||||||||||||||||||||||||||||||||||||
900 Southwind Road | Springfield | IL | — | 300 | 6,744 | 1,014 | — | 300 | 7,758 | 8,058 | 1,532 | 8/31/06 | 1990 | ||||||||||||||||||||||||||
1675 Lakeside Drive | Waukegan | IL | — | 2,420 | 9,382 | 38 | — | 2,420 | 9,420 | 11,840 | 528 | 9/30/11 | 1998 | ||||||||||||||||||||||||||
1615 Lakeside Drive | Waukegan | IL | — | 2,700 | 9,590 | 161 | — | 2,700 | 9,751 | 12,451 | 543 | 9/30/11 | 1990 | ||||||||||||||||||||||||||
406 Smith Drive | Auburn(4) | IN | 6,561 | 380 | 8,246 | 40 | — | 380 | 8,286 | 8,666 | 1,173 | 9/1/08 | 1999 | ||||||||||||||||||||||||||
6990 East County Road 100 North | Avon(4) | IN | 9,378 | 850 | 11,888 | 152 | — | 850 | 12,040 | 12,890 | 1,698 | 9/1/08 | 1999 | ||||||||||||||||||||||||||
2455 Tamarack Trail | Bloomington | IN | — | 5,400 | 25,129 | 3,000 | — | 5,400 | 28,129 | 33,529 | 3,438 | 11/1/08 | 1983 | ||||||||||||||||||||||||||
701 East County Line Road | Greenwood | IN | — | 1,830 | 14,303 | 103 | — | 1,830 | 14,406 | 16,236 | 749 | 12/1/11 | 2007 | ||||||||||||||||||||||||||
8505 Woodfield Crossing Boulevard | Indianapolis(4) | IN | 24,479 | 2,785 | 16,396 | 5,363 | — | 2,785 | 21,759 | 24,544 | 6,892 | 1/11/02 | 1986 / 2012 | ||||||||||||||||||||||||||
603 Saint Joseph Drive | Kokomo(4) | IN | 4,155 | 220 | 5,899 | 163 | — | 220 | 6,062 | 6,282 | 872 | 9/1/08 | 1998 | ||||||||||||||||||||||||||
1211 Longwood Drive | La Porte(4) | IN | 4,584 | 770 | 5,550 | 35 | — | 770 | 5,585 | 6,355 | 826 | 9/1/08 | 1998 | ||||||||||||||||||||||||||
1590 West Timberview Drive | Marion(4) | IN | 3,864 | 410 | 5,409 | 209 | — | 410 | 5,618 | 6,028 | 816 | 9/1/08 | 2000 | ||||||||||||||||||||||||||
1473 East McKay Road | Shelbyville(4) | IN | 3,725 | 190 | 5,328 | 79 | — | 190 | 5,407 | 5,597 | 784 | 9/1/08 | 1999 | ||||||||||||||||||||||||||
17441 State Rd. #23 (aka 17490 E. Douglas Rd.) | South Bend | IN | — | 400 | 3,107 | — | — | 400 | 3,107 | 3,507 | 960 | 2/28/03 | 1998 | ||||||||||||||||||||||||||
222 South 25th Street | Terra Haute(4) | IN | 10,798 | 300 | 13,115 | 46 | — | 300 | 13,161 | 13,461 | 1,893 | 9/1/08 | 2005 | ||||||||||||||||||||||||||
150 Fox Ridge Drive | Vincennes(4) | IN | 2,688 | 110 | 3,603 | 349 | — | 110 | 3,952 | 4,062 | 575 | 9/1/08 | 1985 | ||||||||||||||||||||||||||
510 W. 7th Street | Ellinwood | KS | — | 130 | 1,137 | 497 | — | 130 | 1,634 | 1,764 | 791 | 4/1/95 | 1972 | ||||||||||||||||||||||||||
1501 Inverness Drive | Lawrence | KS | — | 1,600 | 18,565 | 272 | — | 1,600 | 18,837 | 20,437 | 2,279 | 10/1/09 | 1988 / 2006 | ||||||||||||||||||||||||||
3501 West 95th Street | Overland Park(4) | KS | 20,122 | 2,568 | 15,140 | 3,642 | — | 2,568 | 18,782 | 21,350 | 6,248 | 10/25/02 | 1989 | ||||||||||||||||||||||||||
6555 West 75th Street | Overland Park | KS | — | 1,274 | 1,126 | 12,399 | — | 1,274 | 13,525 | 14,799 | 4,211 | 1/11/02 | 1985 / 2012 | ||||||||||||||||||||||||||
981 Campbell Lane | Bowling Green | KY | — | 365 | 4,345 | 487 | — | 365 | 4,832 | 5,197 | 1,186 | 11/19/04 | 1999 | ||||||||||||||||||||||||||
102 Leonardwood | Frankfort | KY | — | 560 | 8,282 | 1,180 | — | 560 | 9,462 | 10,022 | 1,851 | 8/31/06 | 1989 | ||||||||||||||||||||||||||
4190 Lafayette Road | Hopkinsville | KY | — | 316 | 3,761 | 185 | — | 316 | 3,946 | 4,262 | 999 | 11/19/04 | 1999 | ||||||||||||||||||||||||||
690 Mason Headley Road | Lexington(5) | KY | 10,885 | — | 10,848 | 11,193 | — | — | 22,041 | 22,041 | 10,056 | 1/11/02 | 1985 / 1998 | ||||||||||||||||||||||||||
700 Mason Headley Road | Lexington(5) | KY | 2,428 | — | 6,394 | 5,552 | — | — | 11,946 | 11,946 | 5,304 | 1/11/02 | 1980 / 2013 | ||||||||||||||||||||||||||
SENIOR HOUSING PROPERTIES TRUST | |||||||||||||||||||||||||||||||||||||||
SCHEDULE III | |||||||||||||||||||||||||||||||||||||||
REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued) | |||||||||||||||||||||||||||||||||||||||
31-Dec-13 | |||||||||||||||||||||||||||||||||||||||
(Dollars appearing in the table below are in thousands) | |||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost at December 31, 2013 | ||||||||||||||||||||||||||||||||||||||
Address | City | State | Encumbrances | Land | Buildings, | Cost | Impairment | Land | Buildings, | Total(1) | Accumulated | Date | Original | ||||||||||||||||||||||||||
Improvements & | Capitalized | Improvements & | Depreciation(2) | Acquired(3) | Construction / | ||||||||||||||||||||||||||||||||||
Equipment | Subsequent to | Equipment | Renovated | ||||||||||||||||||||||||||||||||||||
Acquisition | Date | ||||||||||||||||||||||||||||||||||||||
200 Brookside Drive | Louisville(4) | KY | 29,613 | 3,524 | 20,779 | 5,596 | — | 3,524 | 26,375 | 29,899 | 9,021 | 1/11/02 | 1984 | ||||||||||||||||||||||||||
1517 West Broadway | Mayfield | KY | — | 268 | 2,730 | 736 | — | 268 | 3,466 | 3,734 | 874 | 11/19/04 | 1999 | ||||||||||||||||||||||||||
1700 Elmdale Road | Paducah | KY | — | 450 | 5,358 | 822 | — | 450 | 6,180 | 6,630 | 1,480 | 11/19/04 | 2000 | ||||||||||||||||||||||||||
100 Neighborly Way | Somerset | KY | — | 200 | 4,919 | 257 | — | 200 | 5,176 | 5,376 | 918 | 11/6/06 | 2000 | ||||||||||||||||||||||||||
35 Milbury St | Auburn | MA | — | 1,510 | 7,000 | 310 | — | 1,510 | 7,310 | 8,820 | 1,012 | 8/8/08 | 1977 / 2012 | ||||||||||||||||||||||||||
1295 Boylston Street | Boston | MA | — | 7,600 | 18,140 | 53 | — | 7,600 | 18,193 | 25,793 | 1,323 | 1/26/11 | 1930 / 1992 | ||||||||||||||||||||||||||
549 Albany Street | Boston | MA | — | 4,576 | 45,105 | — | — | 4,576 | 45,105 | 49,681 | 376 | 8/22/13 | 1895 / 2012 | ||||||||||||||||||||||||||
370 Lunenburg St | Fitchburg | MA | — | 330 | 3,361 | 32 | — | 330 | 3,393 | 3,723 | 456 | 8/8/08 | 1994 | ||||||||||||||||||||||||||
165 Mill St | Leominster | MA | — | 1,520 | 8,703 | 718 | — | 1,520 | 9,421 | 10,941 | 1,284 | 8/8/08 | 1966 / 2010 | ||||||||||||||||||||||||||
4 Maguire Road | Lexington | MA | — | 3,600 | 15,555 | 1,927 | (7,255 | ) | 3,600 | 10,227 | 13,827 | 1,688 | 12/22/08 | 1994 / 2006 | |||||||||||||||||||||||||
100 Hampshire Street | Mansfield | MA | — | 2,090 | 8,215 | — | — | 2,090 | 8,215 | 10,305 | 616 | 12/22/10 | 1975 / 2013 | ||||||||||||||||||||||||||
15 Hampshire Street | Mansfield | MA | — | 1,360 | 7,326 | 108 | — | 1,360 | 7,434 | 8,794 | 558 | 12/22/10 | 1988 | ||||||||||||||||||||||||||
5 Hampshire Street | Mansfield | MA | — | 1,190 | 5,737 | — | — | 1,190 | 5,737 | 6,927 | 430 | 12/22/10 | 1988 | ||||||||||||||||||||||||||
176 West St | Milford | MA | — | 510 | 3,039 | 595 | — | 510 | 3,634 | 4,144 | 625 | 8/8/08 | 1989 / 2010 | ||||||||||||||||||||||||||
108 Elm St | Millbury | MA | — | 160 | 767 | — | — | 160 | 767 | 927 | 104 | 8/8/08 | 1950 / 2011 | ||||||||||||||||||||||||||
30 Newcrossing Road | Reading(4) | MA | 11,245 | 1,443 | 14,153 | 26 | — | 1,443 | 14,179 | 15,622 | 442 | 9/27/12 | 1986 / 2006 | ||||||||||||||||||||||||||
407 Main St | Spencer | MA | — | 270 | 2,607 | 476 | — | 270 | 3,083 | 3,353 | 470 | 8/8/08 | 1992 / 2011 | ||||||||||||||||||||||||||
106 East Main | Westborough | MA | — | 920 | 6,956 | 126 | — | 920 | 7,082 | 8,002 | 956 | 8/8/08 | 1986 / 2013 | ||||||||||||||||||||||||||
112 East Main | Westborough | MA | — | 230 | 135 | — | — | 230 | 135 | 365 | 20 | 8/8/08 | 1900 | ||||||||||||||||||||||||||
299 Cambridge Street | Winchester | MA | — | 3,218 | 18,988 | 10,144 | — | 3,218 | 29,132 | 32,350 | 8,062 | 1/11/02 | 1991 / 2011 | ||||||||||||||||||||||||||
135 Goldstar Blvd | Worcester | MA | — | 865 | 10,912 | 1,136 | — | 865 | 12,048 | 12,913 | 1,543 | 8/8/08 | 1989 / 2011 | ||||||||||||||||||||||||||
191 May St | Worcester | MA | — | 730 | 3,634 | 42 | — | 730 | 3,676 | 4,406 | 495 | 8/8/08 | 1986 / 2007 | ||||||||||||||||||||||||||
277 E Mountain | Worcester | MA | — | 191 | 2,133 | 113 | (889 | ) | 191 | 1,357 | 1,548 | 208 | 8/8/08 | 1992 / 1998 | |||||||||||||||||||||||||
425 N Lake Ave | Worcester | MA | — | 1,200 | 6,176 | 101 | — | 1,200 | 6,277 | 7,477 | 848 | 8/8/08 | 1985 / 2007 | ||||||||||||||||||||||||||
630 Plantation St | Worcester | MA | — | 770 | 10,408 | 528 | — | 770 | 10,936 | 11,706 | 1,536 | 8/8/08 | 1990 / 2009 | ||||||||||||||||||||||||||
2717 Riva Road | Annapolis | MD | — | 1,290 | 12,373 | 515 | — | 1,290 | 12,888 | 14,178 | 1,855 | 3/31/08 | 2001 | ||||||||||||||||||||||||||
SENIOR HOUSING PROPERTIES TRUST | |||||||||||||||||||||||||||||||||||||||
SCHEDULE III | |||||||||||||||||||||||||||||||||||||||
REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued) | |||||||||||||||||||||||||||||||||||||||
31-Dec-13 | |||||||||||||||||||||||||||||||||||||||
(Dollars appearing in the table below are in thousands) | |||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost at December 31, 2013 | ||||||||||||||||||||||||||||||||||||||
Address | City | State | Encumbrances | Land | Buildings, | Cost | Impairment | Land | Buildings, | Total(1) | Accumulated | Date | Original | ||||||||||||||||||||||||||
Improvements & | Capitalized | Improvements & | Depreciation(2) | Acquired(3) | Construction / | ||||||||||||||||||||||||||||||||||
Equipment | Subsequent to | Equipment | Renovated | ||||||||||||||||||||||||||||||||||||
Acquisition | Date | ||||||||||||||||||||||||||||||||||||||
658 Boulton Street | Bel Air | MD | — | 4,750 | 16,504 | 2 | — | 4,750 | 16,506 | 21,256 | 2,527 | 11/30/07 | 1980 | ||||||||||||||||||||||||||
7600 Laurel Bowie Road | Bowie | MD | — | 408 | 3,421 | 416 | — | 408 | 3,837 | 4,245 | 1,263 | 10/25/02 | 2000 | ||||||||||||||||||||||||||
8100 Connecticut Avenue | Chevy Chase(4) | MD | 55,346 | 15,170 | 92,830 | 1,230 | — | 15,175 | 94,055 | 109,230 | 5,141 | 12/15/11 | 1990 | ||||||||||||||||||||||||||
8220 Snowden River Parkway | Columbia | MD | — | 1,390 | 10,303 | 155 | — | 1,390 | 10,458 | 11,848 | 1,520 | 3/31/08 | 2001 | ||||||||||||||||||||||||||
700 Port Street | Easton | MD | — | 383 | 4,555 | 2,961 | — | 383 | 7,516 | 7,899 | 1,864 | 10/25/02 | 2000 / 2010 | ||||||||||||||||||||||||||
3004 North Ridge Road | Ellicott City(4) | MD | 19,819 | 1,409 | 22,691 | 6,218 | — | 1,409 | 28,909 | 30,318 | 7,734 | 3/1/04 | 1997 / 2006 | ||||||||||||||||||||||||||
1820 Latham Drive | Frederick | MD | — | 385 | 3,444 | 427 | — | 385 | 3,871 | 4,256 | 1,279 | 10/25/02 | 1998 | ||||||||||||||||||||||||||
2100A & B Whittier Drive | Frederick | MD | — | 1,260 | 9,464 | 933 | — | 1,260 | 10,397 | 11,657 | 1,425 | 3/31/08 | 1999 / 2012 | ||||||||||||||||||||||||||
10114 + 10116 Sharpsburg Pike | Hagerstown | MD | — | 1,040 | 7,471 | 227 | — | 1,040 | 7,698 | 8,738 | 1,110 | 3/31/08 | 1999 | ||||||||||||||||||||||||||
4000 Old Court Road | Pikesville | MD | — | 2,000 | 4,974 | 308 | — | 2,000 | 5,282 | 7,282 | 675 | 12/22/08 | 1987 | ||||||||||||||||||||||||||
715 Benfield Road | Severna Park(4) | MD | 8,761 | 229 | 9,798 | 1,629 | — | 229 | 11,427 | 11,656 | 3,557 | 10/25/02 | 1998 / 2009 | ||||||||||||||||||||||||||
801 Roeder Road, Unit OU-1 | Silver Spring | MD | — | 1,900 | 12,858 | 351 | — | 1,900 | 13,209 | 15,109 | 509 | 6/27/12 | 1976 / 2000 | ||||||||||||||||||||||||||
14400 Homecrest Road | Silver Spring | MD | — | 1,200 | 9,288 | 6,070 | — | 1,200 | 15,358 | 16,558 | 4,469 | 10/25/02 | 1996 / 2006 | ||||||||||||||||||||||||||
3701 International Drive | Silver Spring | MD | — | 3,301 | 29,065 | 714 | — | 3,301 | 29,779 | 33,080 | 14,486 | 7/25/94 | 1992 | ||||||||||||||||||||||||||
720 & 734 N. Pine Road | Hampton | MI | — | 300 | 2,406 | — | — | 300 | 2,406 | 2,706 | 744 | 2/28/03 | 1998 | ||||||||||||||||||||||||||
4004 & 4012 Waldo Road | Midland | MI | — | 400 | 2,606 | — | — | 400 | 2,606 | 3,006 | 811 | 2/28/03 | 1998 | ||||||||||||||||||||||||||
1605 & 1615 Fredericks Drive | Monroe | MI | — | 300 | 2,506 | — | — | 300 | 2,506 | 2,806 | 778 | 2/28/03 | 1998 | ||||||||||||||||||||||||||
3150 & 3100 Old Centre Road | Portage | MI | — | 300 | 2,206 | — | — | 300 | 2,206 | 2,506 | 683 | 2/28/03 | 1998 | ||||||||||||||||||||||||||
2445 & 2485 Mc Carty Road | Saginaw | MI | — | 600 | 5,212 | — | — | 600 | 5,212 | 5,812 | 1,610 | 2/28/03 | 1998 | ||||||||||||||||||||||||||
11855 Ulysses Street NE | Blaine(4) | MN | 9,425 | 2,774 | 9,276 | 6 | — | 2,774 | 9,282 | 12,056 | 232 | 12/21/12 | 2007 | ||||||||||||||||||||||||||
1305 Corporate Center Drive | Eagan | MN | — | 2,300 | 13,105 | 103 | — | 2,300 | 13,208 | 15,508 | 987 | 12/22/10 | 1986 | ||||||||||||||||||||||||||
1201 Northland Drive | Mendota Heights | MN | — | 1,220 | 10,208 | 95 | — | 1,220 | 10,303 | 11,523 | 747 | 1/25/11 | 1989 / 2009 | ||||||||||||||||||||||||||
20500/20600 South Diamond Lake Road | Rogers | MN | — | 2,760 | 45,789 | 863 | — | 2,760 | 46,652 | 49,412 | 7,034 | 3/1/08 | 1999 / 2013 | ||||||||||||||||||||||||||
2200 County Road C West | Roseville | MN | — | 590 | 702 | — | — | 590 | 702 | 1,292 | 39 | 9/30/11 | 1991 | ||||||||||||||||||||||||||
4166 Lexington Avenue N | Shoreview | MN | — | 1,300 | 4,547 | 92 | — | 1,320 | 4,619 | 5,939 | 297 | 5/20/11 | 1988 / 2010 | ||||||||||||||||||||||||||
305 & 315 Thompson Avenue | West St. Paul | MN | — | 400 | 2,506 | — | — | 400 | 2,506 | 2,906 | 867 | 2/28/03 | 1998 | ||||||||||||||||||||||||||
SENIOR HOUSING PROPERTIES TRUST | |||||||||||||||||||||||||||||||||||||||
SCHEDULE III | |||||||||||||||||||||||||||||||||||||||
REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued) | |||||||||||||||||||||||||||||||||||||||
31-Dec-13 | |||||||||||||||||||||||||||||||||||||||
(Dollars appearing in the table below are in thousands) | |||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost at December 31, 2013 | ||||||||||||||||||||||||||||||||||||||
Address | City | State | Encumbrances | Land | Buildings, | Cost | Impairment | Land | Buildings, | Total(1) | Accumulated | Date | Original | ||||||||||||||||||||||||||
Improvements & | Capitalized | Improvements & | Depreciation(2) | Acquired(3) | Construction / | ||||||||||||||||||||||||||||||||||
Equipment | Subsequent to | Equipment | Renovated | ||||||||||||||||||||||||||||||||||||
Acquisition | Date | ||||||||||||||||||||||||||||||||||||||
1365 Crestridge Lane | West St. Paul | MN | — | 400 | 3,608 | 100 | — | 400 | 3,708 | 4,108 | 1,263 | 2/28/03 | 1998 | ||||||||||||||||||||||||||
3828 College View Drive | Joplin(4) | MO | 5,720 | 260 | 11,382 | 92 | — | 260 | 11,474 | 11,734 | 442 | 8/31/12 | 2003 | ||||||||||||||||||||||||||
1 Lincoln Parkway | Hattiesburg | MS | — | 1,269 | 11,691 | — | — | 1,269 | 11,691 | 12,960 | 219 | 3/22/13 | 2005 | ||||||||||||||||||||||||||
1488 Belk Boulevard | Oxford | MS | — | 450 | 5,791 | 304 | — | 450 | 6,095 | 6,545 | 1,136 | 10/1/06 | 2000 | ||||||||||||||||||||||||||
108 Clarington Drive | Southaven | MS | — | 450 | 5,795 | 355 | — | 450 | 6,150 | 6,600 | 1,145 | 10/1/06 | 2000 | ||||||||||||||||||||||||||
112 + 118 Alamance Road | Burlington(4) | NC | 6,363 | 575 | 9,697 | 219 | — | 575 | 9,916 | 10,491 | 680 | 6/23/11 | 1998 | ||||||||||||||||||||||||||
1050 Crescent Green Drive | Cary(4) | NC | 8,369 | 713 | 4,628 | 1,949 | — | 713 | 6,577 | 7,290 | 2,145 | 10/25/02 | 1999 | ||||||||||||||||||||||||||
2220 & 2230 Farmington Drive | Chapel Hill | NC | — | 800 | 6,414 | — | — | 800 | 6,414 | 7,214 | 1,981 | 2/28/03 | 1996 | ||||||||||||||||||||||||||
5920 McChesney Drive | Charlotte | NC | — | 820 | 7,790 | 45 | — | 820 | 7,835 | 8,655 | 912 | 11/17/09 | 2001 | ||||||||||||||||||||||||||
6101 Clarke Creek Parkway | Charlotte | NC | — | 500 | 13,960 | 36 | — | 500 | 13,996 | 14,496 | 1,616 | 11/17/09 | 1999 | ||||||||||||||||||||||||||
2101 Runnymede Lane | Charlotte | NC | — | 2,475 | 11,451 | 271 | — | 2,475 | 11,722 | 14,197 | 834 | 6/20/11 | 1999 | ||||||||||||||||||||||||||
1002 State Highway 54 | Durham | NC | — | 595 | 5,200 | 79 | — | 595 | 5,279 | 5,874 | 365 | 6/20/11 | 1988 / 2007 | ||||||||||||||||||||||||||
1001 Phifer Road | Kings Mountain(4) | NC | 3,171 | 655 | 8,283 | 183 | — | 655 | 8,466 | 9,121 | 602 | 6/23/11 | 1998 | ||||||||||||||||||||||||||
128 Brawley School | Mooresville(4) | NC | 4,600 | 595 | 7,305 | 189 | — | 595 | 7,494 | 8,089 | 498 | 6/23/11 | 1999 | ||||||||||||||||||||||||||
1309 , 1321 + 1325 McCarthy Boulevard | New Bern(4) | NC | 5,020 | 1,245 | 20,898 | 262 | — | 1,245 | 21,160 | 22,405 | 1,440 | 6/20/11 | 2001 | ||||||||||||||||||||||||||
13150 Dorman Road | Pineville | NC | — | 550 | 7,570 | 140 | — | 550 | 7,710 | 8,260 | 881 | 11/17/09 | 1998 | ||||||||||||||||||||||||||
13180 Dorman Road | Pineville | NC | — | 630 | 15,230 | 7 | — | 630 | 15,237 | 15,867 | 1,759 | 11/17/09 | 1998 | ||||||||||||||||||||||||||
1730 Parkwood Boulevard West | Wilson(4) | NC | 2,805 | 610 | 14,787 | 39 | — | 610 | 14,826 | 15,436 | 1,053 | 6/20/11 | 2004 | ||||||||||||||||||||||||||
1700 Furnace Street | Ashland | NE | — | 28 | 1,823 | 1,262 | — | 28 | 3,085 | 3,113 | 1,258 | 7/1/00 | 1965 / 1996 | ||||||||||||||||||||||||||
414 North Wilson Street | Blue Hill | NE | — | 56 | 1,064 | 807 | — | 56 | 1,871 | 1,927 | 741 | 7/1/00 | 1967 / 1996 | ||||||||||||||||||||||||||
2720 South 17th Ave | Central City | NE | — | 21 | 919 | 650 | — | 21 | 1,569 | 1,590 | 712 | 7/1/00 | 1969 / 1999 | ||||||||||||||||||||||||||
1112 15th Street | Columbus | NE | — | 88 | 561 | 461 | — | 88 | 1,022 | 1,110 | 469 | 7/1/00 | 1955 / 1978 | ||||||||||||||||||||||||||
800 Stoeger Drive | Grand Island | NE | — | 119 | 1,446 | 1,404 | — | 119 | 2,850 | 2,969 | 1,275 | 4/1/95 | 1963 / 1996 | ||||||||||||||||||||||||||
700 South Highway 6 | Gretna | NE | — | 237 | 673 | 890 | — | 237 | 1,563 | 1,800 | 636 | 7/1/00 | 1972 / 1995 | ||||||||||||||||||||||||||
1100 West First Street | Milford | NE | — | 24 | 880 | 648 | — | 24 | 1,528 | 1,552 | 689 | 7/1/00 | 1967 / 1970 | ||||||||||||||||||||||||||
SENIOR HOUSING PROPERTIES TRUST | |||||||||||||||||||||||||||||||||||||||
SCHEDULE III | |||||||||||||||||||||||||||||||||||||||
REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued) | |||||||||||||||||||||||||||||||||||||||
31-Dec-13 | |||||||||||||||||||||||||||||||||||||||
(Dollars appearing in the table below are in thousands) | |||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost at December 31, 2013 | ||||||||||||||||||||||||||||||||||||||
Address | City | State | Encumbrances | Land | Buildings, | Cost | Impairment | Land | Buildings, | Total(1) | Accumulated | Date | Original | ||||||||||||||||||||||||||
Improvements & | Capitalized | Improvements & | Depreciation(2) | Acquired(3) | Construction / | ||||||||||||||||||||||||||||||||||
Equipment | Subsequent to | Equipment | Renovated | ||||||||||||||||||||||||||||||||||||
Acquisition | Date | ||||||||||||||||||||||||||||||||||||||
510 Centennial Circle | North Platte | NE | — | 370 | 8,968 | 464 | — | 370 | 9,432 | 9,802 | 1,362 | 2/17/08 | 1988 | ||||||||||||||||||||||||||
17007 Elm Plaza | Omaha | NE | — | 4,680 | 22,022 | — | — | 4,680 | 22,022 | 26,702 | 2,959 | 8/21/08 | 2007 | ||||||||||||||||||||||||||
3030 South 80th Street | Omaha | NE | — | 650 | 5,850 | 416 | — | 650 | 6,266 | 6,916 | 1,490 | 6/3/05 | 1992 | ||||||||||||||||||||||||||
333 Maple | Sutherland | NE | — | 19 | 1,251 | 478 | — | 19 | 1,729 | 1,748 | 701 | 7/1/00 | 1970 / 1995 | ||||||||||||||||||||||||||
1350 Centenial Ave | Utica | NE | — | 21 | 569 | 447 | — | 21 | 1,016 | 1,037 | 410 | 7/1/00 | 1966 / 1988 | ||||||||||||||||||||||||||
11041 North 137th Street | Waverly | NE | — | 529 | 686 | 609 | — | 529 | 1,295 | 1,824 | 647 | 7/1/00 | 1989 / 1995 | ||||||||||||||||||||||||||
490 Cooper Landing Road | Cherry Hill | NJ | — | 1,001 | 8,175 | 1,832 | — | 1,001 | 10,007 | 11,008 | 2,291 | 12/29/03 | 1999 / 2013 | ||||||||||||||||||||||||||
1400 Route 70 | Lakewood(6) | NJ | 14,700 | 4,885 | 28,803 | 2,537 | — | 4,885 | 31,340 | 36,225 | 10,606 | 1/11/02 | 1987 / 1997 | ||||||||||||||||||||||||||
2 Hillside Drive | Mt. Arlington | NJ | — | 1,375 | 11,232 | 757 | — | 1,375 | 11,989 | 13,364 | 3,174 | 12/29/03 | 2001 | ||||||||||||||||||||||||||
655 Pomander Walk | Teaneck(4) | NJ | 32,581 | 4,950 | 44,550 | 1,124 | — | 4,950 | 45,674 | 50,624 | 2,727 | 12/15/11 | 1989 | ||||||||||||||||||||||||||
4411 The 25 Way | Albuquerque | NM | — | 3,480 | 25,245 | 1,656 | — | 3,593 | 26,788 | 30,381 | 2,247 | 12/22/10 | 1970 / 2000 | ||||||||||||||||||||||||||
4420 The 25 Way | Albuquerque | NM | — | 1,430 | 2,609 | 55 | — | 1,476 | 2,618 | 4,094 | 199 | 12/22/10 | 1970 | ||||||||||||||||||||||||||
10500 Academy Road NE | Albuquerque(4) | NM | 26,360 | 3,828 | 22,572 | 5,052 | — | 3,828 | 27,624 | 31,452 | 8,793 | 1/11/02 | 1986 / 2011 | ||||||||||||||||||||||||||
4300 Landau Street NE | Albuquerque | NM | — | 1,060 | 9,875 | 8 | — | 1,060 | 9,883 | 10,943 | 1,534 | 10/30/07 | 1973 | ||||||||||||||||||||||||||
4100 Prospect Avenue NE | Albuquerque | NM | — | 540 | 10,105 | 8 | — | 540 | 10,113 | 10,653 | 1,570 | 10/30/07 | 1977 | ||||||||||||||||||||||||||
9190 Coors Boulevard NW | Albuquerque | NM | — | 1,660 | 9,173 | 8 | — | 1,660 | 9,181 | 10,841 | 1,425 | 10/30/07 | 1983 | ||||||||||||||||||||||||||
3201 Plumas Street | Reno | NV | — | 2,420 | 49,580 | 1,001 | — | 2,420 | 50,581 | 53,001 | 2,797 | 12/15/11 | 1989 | ||||||||||||||||||||||||||
6300 Eighth Ave | Brooklyn | NY | — | 3,870 | 8,545 | 6 | — | 3,870 | 8,551 | 12,421 | 1,149 | 8/8/08 | 1971 | ||||||||||||||||||||||||||
5823 Widewaters Parkway | Dewitt | NY | — | 600 | 5,004 | 8 | — | 600 | 5,012 | 5,612 | 282 | 9/30/11 | 1991 | ||||||||||||||||||||||||||
4939 Brittonfield Parkway | East Syracuse | NY | — | 720 | 17,084 | 179 | — | 720 | 17,263 | 17,983 | 2,272 | 9/30/08 | 2001 | ||||||||||||||||||||||||||
5008 Brittonfield Parkway | East Syracuse(4) | NY | 4,488 | 420 | 18,407 | 166 | — | 420 | 18,573 | 18,993 | 2,515 | 7/9/08 | 1999 | ||||||||||||||||||||||||||
200 Old County Road | Mineola | NY | — | 4,920 | 24,056 | 1,361 | — | 4,920 | 25,417 | 30,337 | 1,423 | 9/30/11 | 1971 / 1988 | ||||||||||||||||||||||||||
15 North Broadway | White Plains | NY | — | 4,900 | 13,594 | — | — | 4,900 | 13,594 | 18,494 | 1,686 | 1/26/09 | 1952 | ||||||||||||||||||||||||||
537 Riverdale Avenue | Yonkers(4) | NY | 30,177 | 8,460 | 90,561 | 775 | — | 8,460 | 91,336 | 99,796 | 3,442 | 8/31/12 | 2000 | ||||||||||||||||||||||||||
4590 and 4625 Knightsbridge Boulevard | Columbus(4) | OH | 18,361 | 3,623 | 27,778 | 6,926 | — | 3,623 | 34,704 | 38,327 | 11,644 | 1/11/02 | 1989 / 2010 | ||||||||||||||||||||||||||
SENIOR HOUSING PROPERTIES TRUST | |||||||||||||||||||||||||||||||||||||||
SCHEDULE III | |||||||||||||||||||||||||||||||||||||||
REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued) | |||||||||||||||||||||||||||||||||||||||
31-Dec-13 | |||||||||||||||||||||||||||||||||||||||
(Dollars appearing in the table below are in thousands) | |||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost at December 31, 2013 | ||||||||||||||||||||||||||||||||||||||
Address | City | State | Encumbrances | Land | Buildings, | Cost | Impairment | Land | Buildings, | Total(1) | Accumulated | Date | Original | ||||||||||||||||||||||||||
Improvements & | Capitalized | Improvements & | Depreciation(2) | Acquired(3) | Construction / | ||||||||||||||||||||||||||||||||||
Equipment | Subsequent to | Equipment | Renovated | ||||||||||||||||||||||||||||||||||||
Acquisition | Date | ||||||||||||||||||||||||||||||||||||||
3929 Hoover Road | Grove City | OH | — | 332 | 3,081 | 791 | — | 332 | 3,872 | 4,204 | 1,774 | 6/4/93 | 1965 | ||||||||||||||||||||||||||
5260 Naiman Parkway | Solon | OH | — | 450 | 2,305 | 275 | — | 545 | 2,485 | 3,030 | 202 | 12/22/10 | 1975 | ||||||||||||||||||||||||||
5370 Naiman Parkway | Solon | OH | — | 550 | 2,147 | 54 | — | 550 | 2,201 | 2,751 | 122 | 9/30/11 | 1975 | ||||||||||||||||||||||||||
200 N. Bryant Ave. | Edmond | OK | — | 430 | 2,955 | — | — | 430 | 2,955 | 3,385 | 320 | 9/1/09 | 1993 | ||||||||||||||||||||||||||
600 National Ave | Midwest City | OK | — | 410 | 2,970 | — | — | 410 | 2,970 | 3,380 | 322 | 9/1/09 | 1985 / 1996 | ||||||||||||||||||||||||||
701 Northeast 10th Street | Oklahoma City | OK | — | 500 | 19,046 | — | — | 500 | 19,046 | 19,546 | 2,063 | 9/1/09 | 1982 | ||||||||||||||||||||||||||
8315 S. Walker Ave. | Oklahoma City | OK | — | 480 | 1,546 | — | — | 480 | 1,546 | 2,026 | 168 | 9/1/09 | 1990 | ||||||||||||||||||||||||||
71 Darlington Road | Beaver Falls | PA | — | 1,500 | 13,500 | 413 | — | 1,500 | 13,913 | 15,413 | 3,246 | 10/31/05 | 1997 | ||||||||||||||||||||||||||
200 Hill Church-Houston RD., Rt. 519 S. | Canonsburg | PA | — | 1,518 | 13,493 | 587 | — | 1,518 | 14,080 | 15,598 | 10,312 | 3/1/91 | 1985 / 1990 | ||||||||||||||||||||||||||
950 Morgan Highway | Clarks Summit | PA | — | 1,001 | 8,233 | 318 | — | 1,001 | 8,551 | 9,552 | 2,287 | 12/29/03 | 2001 | ||||||||||||||||||||||||||
145 Broadlawn Drive | Elizabeth | PA | — | 696 | 6,304 | 689 | — | 696 | 6,993 | 7,689 | 1,638 | 10/31/05 | 1986 | ||||||||||||||||||||||||||
600 N. Pottstown Pike | Exton | PA | — | 1,001 | 8,233 | 1,033 | — | 1,001 | 9,266 | 10,267 | 2,378 | 12/29/03 | 2000 / 2011 | ||||||||||||||||||||||||||
475 Virginia Drive | Fort Washington | PA | — | 1,010 | 4,837 | 97 | — | 1,010 | 4,934 | 5,944 | 275 | 9/30/11 | 1996 | ||||||||||||||||||||||||||
525 Virginia Drive | Fort Washington | PA | — | 3,100 | 6,775 | — | (9,222 | ) | 653 | — | 653 | — | 6/25/08 | 1997 | |||||||||||||||||||||||||
242 Baltimore Pike | Glen Mills | PA | — | 1,001 | 8,233 | 484 | — | 1,001 | 8,717 | 9,718 | 2,386 | 12/29/03 | 2001 | ||||||||||||||||||||||||||
723 Dresher Road | Horsham | PA | — | 1,010 | 4,456 | 392 | — | 1,010 | 4,848 | 5,858 | 397 | 12/22/10 | 1997 | ||||||||||||||||||||||||||
210 Mall Boulevard | King of Prussia | PA | — | 1,540 | 4,743 | (11 | ) | — | 1,540 | 4,732 | 6,272 | 636 | 8/8/08 | 1970 | |||||||||||||||||||||||||
216 Mall Boulevard | King of Prussia | PA | — | 880 | 2,871 | — | — | 880 | 2,871 | 3,751 | 209 | 1/26/11 | 1970 | ||||||||||||||||||||||||||
5300 Old William Penn Highway | Murrysville | PA | — | 300 | 2,506 | — | — | 300 | 2,506 | 2,806 | 854 | 2/28/03 | 1998 | ||||||||||||||||||||||||||
800 Manor Drive | New Britain (Chalfont) | PA | — | 979 | 8,052 | 484 | — | 979 | 8,536 | 9,515 | 2,338 | 12/29/03 | 1998 | ||||||||||||||||||||||||||
7151 Saltsburg Road | Penn Hills | PA | — | 200 | 904 | — | — | 200 | 904 | 1,104 | 310 | 2/28/03 | 1997 | ||||||||||||||||||||||||||
730 Holiday Drive | Pittsburgh | PA | — | 2,480 | 6,395 | 908 | — | 2,480 | 7,303 | 9,783 | 518 | 12/22/10 | 1985 | ||||||||||||||||||||||||||
5750 Centre Ave | Pittsburgh | PA | — | 3,000 | 11,828 | 684 | — | 3,000 | 12,512 | 15,512 | 1,850 | 6/11/08 | 1991 | ||||||||||||||||||||||||||
3043 Walton Road | Plymouth Meeting | PA | — | 1,680 | 9,187 | 83 | — | 1,680 | 9,270 | 10,950 | 520 | 9/30/11 | 1969 / 1999 | ||||||||||||||||||||||||||
1400 Riggs Road | South Park | PA | — | 898 | 8,102 | 248 | — | 898 | 8,350 | 9,248 | 1,975 | 10/31/05 | 1995 | ||||||||||||||||||||||||||
700 Northampton Street | Tiffany Court (Kingston) | PA | — | — | 5,682 | 1,420 | — | — | 7,102 | 7,102 | 1,811 | 12/29/03 | 1997 / 2010 | ||||||||||||||||||||||||||
SENIOR HOUSING PROPERTIES TRUST | |||||||||||||||||||||||||||||||||||||||
SCHEDULE III | |||||||||||||||||||||||||||||||||||||||
REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued) | |||||||||||||||||||||||||||||||||||||||
31-Dec-13 | |||||||||||||||||||||||||||||||||||||||
(Dollars appearing in the table below are in thousands) | |||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost at December 31, 2013 | ||||||||||||||||||||||||||||||||||||||
Address | City | State | Encumbrances | Land | Buildings, | Cost | Impairment | Land | Buildings, | Total(1) | Accumulated | Date | Original | ||||||||||||||||||||||||||
Improvements & | Capitalized | Improvements & | Depreciation(2) | Acquired(3) | Construction / | ||||||||||||||||||||||||||||||||||
Equipment | Subsequent to | Equipment | Renovated | ||||||||||||||||||||||||||||||||||||
Acquisition | Date | ||||||||||||||||||||||||||||||||||||||
5250 Meadowgreen Drive | Whitehall | PA | — | 1,599 | 14,401 | 1,182 | — | 1,599 | 15,583 | 17,182 | 3,640 | 10/31/05 | 1987 / 2006 | ||||||||||||||||||||||||||
1304 McLees Road | Anderson | SC | — | 295 | 3,509 | 213 | — | 295 | 3,722 | 4,017 | 944 | 11/19/04 | 1999 | ||||||||||||||||||||||||||
109 Old Salem Road | Beaufort | SC | — | 188 | 2,234 | 586 | — | 188 | 2,820 | 3,008 | 843 | 11/19/04 | 1999 | ||||||||||||||||||||||||||
1119 Pick Pocket Plantation Drive | Beaufort | SC | — | 1,200 | 10,810 | 341 | — | 1,200 | 11,151 | 12,351 | 797 | 6/20/11 | 2005 | ||||||||||||||||||||||||||
719 Kershaw Highway | Camden | SC | — | 322 | 3,697 | 861 | — | 322 | 4,558 | 4,880 | 1,179 | 11/19/04 | 1999 | ||||||||||||||||||||||||||
2333 Ashley River Road | Charleston(4) | SC | 11,465 | 848 | 14,000 | 317 | — | 848 | 14,317 | 15,165 | 969 | 6/20/11 | 1999 | ||||||||||||||||||||||||||
320 Seven Farms Drive | Charleston(4) | SC | 4,672 | 1,092 | 6,605 | 238 | — | 1,092 | 6,843 | 7,935 | 304 | 5/29/12 | 1998 | ||||||||||||||||||||||||||
201 Executive Center Drive | Columbia | SC | — | 390 | 4,659 | 98 | — | 390 | 4,757 | 5,147 | 351 | 12/22/10 | 1985 | ||||||||||||||||||||||||||
7909 Parklane Road | Columbia | SC | — | 1,580 | 4,520 | 296 | — | 1,580 | 4,816 | 6,396 | 259 | 9/30/11 | 1990 / 2002 | ||||||||||||||||||||||||||
251 Springtree Drive | Columbia | SC | — | 300 | 1,905 | — | — | 300 | 1,905 | 2,205 | 589 | 2/28/03 | 1998 | ||||||||||||||||||||||||||
3 Summit Terrace | Columbia | SC | — | 610 | 7,900 | 240 | — | 610 | 8,140 | 8,750 | 920 | 11/17/09 | 2002 | ||||||||||||||||||||||||||
355 Berkmans Lane | Greenville | SC | — | 700 | 7,240 | 85 | — | 700 | 7,325 | 8,025 | 857 | 11/17/09 | 2002 | ||||||||||||||||||||||||||
116 Enterprise Court | Greenwood | SC | — | 310 | 2,790 | 193 | — | 310 | 2,983 | 3,293 | 731 | 6/3/05 | 1999 | ||||||||||||||||||||||||||
1901 West Carolina | Hartsville | SC | — | 401 | 4,775 | 571 | — | 401 | 5,346 | 5,747 | 1,338 | 11/19/04 | 1999 | ||||||||||||||||||||||||||
218 Old Chapin Road | Lexington | SC | — | 363 | 4,322 | 402 | — | 363 | 4,724 | 5,087 | 1,224 | 11/19/04 | 1999 | ||||||||||||||||||||||||||
491 Highway 17 | Little River(4) | SC | 5,002 | 750 | 9,018 | 197 | — | 750 | 9,215 | 9,965 | 618 | 6/23/11 | 2000 | ||||||||||||||||||||||||||
1010 Lake Hunter Circle / 987 Bowman Road | Mt. Pleasant | SC | — | 3,898 | 31,613 | 810 | — | 3,898 | 32,423 | 36,321 | 1,314 | 7/1/12 | 1997 | ||||||||||||||||||||||||||
9547 Highway 17 North | Myrtle Beach | SC | — | 543 | 3,202 | 6,684 | — | 543 | 9,886 | 10,429 | 1,965 | 1/11/02 | 1980 | ||||||||||||||||||||||||||
2306 Riverbank Drive | Orangeburg | SC | — | 303 | 3,607 | 686 | — | 303 | 4,293 | 4,596 | 1,101 | 11/19/04 | 1999 | ||||||||||||||||||||||||||
1920 Ebenezer Road | Rock Hill | SC | — | 300 | 1,705 | — | — | 300 | 1,705 | 2,005 | 566 | 2/28/03 | 1998 | ||||||||||||||||||||||||||
15855 Wells Highway | Seneca | SC | — | 396 | 4,714 | 470 | — | 396 | 5,184 | 5,580 | 1,295 | 11/19/04 | 2000 | ||||||||||||||||||||||||||
One Southern Court | West Columbia | SC | — | 520 | 3,831 | — | — | 520 | 3,831 | 4,351 | 287 | 12/22/10 | 2000 | ||||||||||||||||||||||||||
1345 Michigan Ave SW | Huron | SD | — | 144 | 3,108 | 4 | — | 144 | 3,112 | 3,256 | 1,747 | 6/30/92 | 1968 / 1977 | ||||||||||||||||||||||||||
1251 Arizona S.W. | Huron | SD | — | 45 | 968 | 1 | — | 45 | 969 | 1,014 | 544 | 6/30/92 | 1968 | ||||||||||||||||||||||||||
3600 S. Norton | Sioux Falls | SD | — | 253 | 3,062 | 4 | — | 253 | 3,066 | 3,319 | 1,724 | 6/30/92 | 1960 / 1979 | ||||||||||||||||||||||||||
6716 Nolensville Road | Brentwood | TN | — | 1,528 | 6,037 | — | — | 1,528 | 6,037 | 7,565 | 164 | 11/30/12 | 2010 | ||||||||||||||||||||||||||
SENIOR HOUSING PROPERTIES TRUST | |||||||||||||||||||||||||||||||||||||||
SCHEDULE III | |||||||||||||||||||||||||||||||||||||||
REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued) | |||||||||||||||||||||||||||||||||||||||
31-Dec-13 | |||||||||||||||||||||||||||||||||||||||
(Dollars appearing in the table below are in thousands) | |||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost at December 31, 2013 | ||||||||||||||||||||||||||||||||||||||
Address | City | State | Encumbrances | Land | Buildings, | Cost | Impairment | Land | Buildings, | Total(1) | Accumulated | Date | Original | ||||||||||||||||||||||||||
Improvements & | Capitalized | Improvements & | Depreciation(2) | Acquired(3) | Construction / | ||||||||||||||||||||||||||||||||||
Equipment | Subsequent to | Equipment | Renovated | ||||||||||||||||||||||||||||||||||||
Acquisition | Date | ||||||||||||||||||||||||||||||||||||||
51 Patel Way | Clarksville | TN | — | 800 | 10,322 | 278 | — | 800 | 10,600 | 11,400 | 303 | 12/19/12 | 2005 | ||||||||||||||||||||||||||
207 Uffelman Drive | Clarksville | TN | — | 320 | 2,994 | 611 | — | 320 | 3,605 | 3,925 | 665 | 12/31/06 | 1997 | ||||||||||||||||||||||||||
2900 Westside Drive | Cleveland | TN | — | 305 | 3,627 | 682 | — | 305 | 4,309 | 4,614 | 1,061 | 11/19/04 | 1998 | ||||||||||||||||||||||||||
1010 East Spring Street | Cookeville | TN | — | 322 | 3,828 | 583 | — | 322 | 4,411 | 4,733 | 1,065 | 11/19/04 | 1998 | ||||||||||||||||||||||||||
105 Sunrise Circle | Franklin | TN | — | 322 | 3,833 | 558 | — | 322 | 4,391 | 4,713 | 1,067 | 11/19/04 | 1997 | ||||||||||||||||||||||||||
1085 Hartsville Pike | Gallatin | TN | — | 280 | 3,327 | 244 | — | 280 | 3,571 | 3,851 | 901 | 11/19/04 | 1998 | ||||||||||||||||||||||||||
2025 Caldwell Drive | Goodlettsville | TN | — | 400 | 3,507 | — | — | 400 | 3,507 | 3,907 | 1,082 | 2/28/03 | 1998 | ||||||||||||||||||||||||||
1200 North Parkway | Jackson | TN | — | 295 | 3,506 | 312 | — | 295 | 3,818 | 4,113 | 985 | 11/19/04 | 1999 | ||||||||||||||||||||||||||
550 Deer View Way | Jefferson City | TN | — | 940 | 8,057 | 279 | — | 940 | 8,336 | 9,276 | 46 | 10/15/13 | 2001 / 2011 | ||||||||||||||||||||||||||
3020 Heatherton Way | Knoxville | TN | — | 304 | 3,618 | 1,639 | — | 304 | 5,257 | 5,561 | 1,241 | 11/19/04 | 1998 | ||||||||||||||||||||||||||
511 Pearson Springs Road | Maryville | TN | — | 300 | 3,207 | 100 | — | 300 | 3,307 | 3,607 | 1,021 | 2/28/03 | 1998 | ||||||||||||||||||||||||||
1710 Magnolia Blvd | Nashville | TN | — | 750 | 6,750 | 4,112 | — | 750 | 10,862 | 11,612 | 2,228 | 6/3/05 | 1979 / 2010 | ||||||||||||||||||||||||||
971 State Hwy 121 | Allen | TX | — | 2,590 | 17,912 | — | — | 2,590 | 17,912 | 20,502 | 2,407 | 8/21/08 | 2006 | ||||||||||||||||||||||||||
6818 Austin Center Blvd | Austin | TX | — | 1,540 | 27,467 | 701 | — | 1,540 | 28,168 | 29,708 | 3,682 | 10/31/08 | 1994 | ||||||||||||||||||||||||||
6937 IH 35 North-Am Founders | Austin | TX | — | 760 | 5,186 | 415 | — | 760 | 5,601 | 6,361 | 446 | 1/26/11 | 1980 | ||||||||||||||||||||||||||
Bailey Square (1111 W 34th St) | Austin | TX | — | 400 | 21,021 | 446 | — | 400 | 21,467 | 21,867 | 2,955 | 6/25/08 | 1975 / 2000 | ||||||||||||||||||||||||||
7600 Capital Texas Highway | Austin | TX | — | 300 | 4,557 | — | — | 300 | 4,557 | 4,857 | 342 | 12/22/10 | 1996 | ||||||||||||||||||||||||||
4620 Bellaire Boulevard | Bellaire | TX | — | 1,238 | 11,010 | 653 | — | 1,238 | 11,663 | 12,901 | 5,520 | 5/16/94 | 1991 | ||||||||||||||||||||||||||
120 Crosspoint Drive | Boerne | TX | — | 220 | 4,926 | 124 | — | 220 | 5,050 | 5,270 | 741 | 2/7/08 | 1990 | ||||||||||||||||||||||||||
4015 Interstate 45 | Conroe | TX | — | 620 | 14,074 | 74 | — | 620 | 14,148 | 14,768 | 1,111 | 10/26/10 | 2009 | ||||||||||||||||||||||||||
5455 La Sierra Drive | Dallas | TX | — | 2,300 | 25,200 | 452 | — | 2,300 | 25,652 | 27,952 | 1,468 | 12/15/11 | 1989 | ||||||||||||||||||||||||||
7831 Park Lane | Dallas | TX | — | 4,709 | 27,768 | 6,574 | — | 4,709 | 34,342 | 39,051 | 10,867 | 1/11/02 | 1990 / 2013 | ||||||||||||||||||||||||||
1575 Belvidere | El Paso | TX | — | 2,301 | 13,567 | 1,548 | — | 2,301 | 15,115 | 17,416 | 5,174 | 1/11/02 | 1987 | ||||||||||||||||||||||||||
96 E. Frederick Rd. | Fredericksburg | TX | — | 280 | 4,866 | 240 | — | 280 | 5,106 | 5,386 | 738 | 2/7/08 | 1999 | ||||||||||||||||||||||||||
6435 S.F.M. 549 | Heath | TX | — | 1,135 | 7,892 | — | — | 1,135 | 7,892 | 9,027 | 197 | 12/31/12 | 2004 | ||||||||||||||||||||||||||
777 North Post Oak Road | Houston | TX | — | 5,537 | 32,647 | 9,890 | — | 5,537 | 42,537 | 48,074 | 13,457 | 1/11/02 | 1989 / 2007 | ||||||||||||||||||||||||||
SENIOR HOUSING PROPERTIES TRUST | |||||||||||||||||||||||||||||||||||||||
SCHEDULE III | |||||||||||||||||||||||||||||||||||||||
REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued) | |||||||||||||||||||||||||||||||||||||||
31-Dec-13 | |||||||||||||||||||||||||||||||||||||||
(Dollars appearing in the table below are in thousands) | |||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost at December 31, 2013 | ||||||||||||||||||||||||||||||||||||||
Address | City | State | Encumbrances | Land | Buildings, | Cost | Impairment | Land | Buildings, | Total(1) | Accumulated | Date | Original | ||||||||||||||||||||||||||
Improvements & | Capitalized | Improvements & | Depreciation(2) | Acquired(3) | Construction / | ||||||||||||||||||||||||||||||||||
Equipment | Subsequent to | Equipment | Renovated | ||||||||||||||||||||||||||||||||||||
Acquisition | Date | ||||||||||||||||||||||||||||||||||||||
13215 Dotson Road | Houston | TX | — | 990 | 13,887 | — | — | 990 | 13,887 | 14,877 | 492 | 7/17/12 | 2007 | ||||||||||||||||||||||||||
4770 Regent Blvd | Irving | TX | — | 2,830 | 15,082 | 10 | — | 2,830 | 15,092 | 17,922 | 2,090 | 6/25/08 | 1995 / 2000 | ||||||||||||||||||||||||||
9812 Slide Road | Lubbock | TX | — | 1,110 | 9,798 | — | — | 1,110 | 9,798 | 10,908 | 878 | 6/4/10 | 2009 | ||||||||||||||||||||||||||
605 Gateway Central / 601 Steve Hawkins Prkway | Marble Falls | TX | — | 1,440 | 7,125 | 105 | — | 1,440 | 7,230 | 8,670 | 211 | 12/19/12 | 1994 | ||||||||||||||||||||||||||
7150 N. President George Bush Turnpike | North Garland | TX | — | 1,981 | 8,548 | — | — | 1,981 | 8,548 | 10,529 | 214 | 12/31/12 | 2006 | ||||||||||||||||||||||||||
511 Knights Cross Drive | San Antonio | TX | — | 1,200 | 6,500 | 24 | — | 1,200 | 6,524 | 7,724 | 764 | 11/17/09 | 2003 | ||||||||||||||||||||||||||
575 Knights Cross Drive | San Antonio | TX | — | 1,100 | 13,900 | 375 | — | 1,100 | 14,275 | 15,375 | 1,657 | 11/17/09 | 2003 | ||||||||||||||||||||||||||
311 Nottingham West | San Antonio(4) | TX | 27,943 | 4,283 | 25,256 | 5,698 | — | 4,283 | 30,954 | 35,237 | 10,218 | 1/11/02 | 1989 / 2012 | ||||||||||||||||||||||||||
5055 West Panther Creek Drive | Woodlands(4) | TX | 37,767 | 3,694 | 21,782 | 3,825 | — | 3,694 | 25,607 | 29,301 | 9,232 | 1/11/02 | 1988 / 1989 | ||||||||||||||||||||||||||
900 North Taylor Street | Arlington | VA | — | 1,885 | 16,734 | 270 | — | 1,885 | 17,004 | 18,889 | 8,271 | 7/25/94 | 1992 | ||||||||||||||||||||||||||
491 Crestwood Drive | Charlottesville(4) | VA | 10,030 | 641 | 7,633 | 928 | — | 641 | 8,561 | 9,202 | 2,144 | 6/17/94 | 1998 | ||||||||||||||||||||||||||
2610 Barracks Road | Charlottesville | VA | — | 2,976 | 26,422 | 431 | — | 2,976 | 26,853 | 29,829 | 13,118 | 11/19/04 | 1991 | ||||||||||||||||||||||||||
1005 Elysian Place | Chesapeake | VA | — | 2,370 | 23,705 | 105 | — | 2,370 | 23,810 | 26,180 | 1,649 | 6/20/11 | 2006 | ||||||||||||||||||||||||||
2856 Forehand Drive | Chesapeake | VA | — | 160 | 1,498 | 774 | — | 160 | 2,272 | 2,432 | 671 | 5/30/03 | 1987 | ||||||||||||||||||||||||||
4001 Fair Ridge Drive | Fairfax | VA | — | 2,500 | 7,147 | 476 | — | 2,500 | 7,623 | 10,123 | 1,105 | 12/22/08 | 1990 | ||||||||||||||||||||||||||
20 HeartFields Lane | Fredericksburg(4) | VA | 10,517 | 287 | 8,480 | 1,265 | — | 287 | 9,745 | 10,032 | 3,036 | 10/25/02 | 1998 | ||||||||||||||||||||||||||
2800 Polo Parkway | Midlothian | VA | — | 1,103 | 13,126 | 1,342 | — | 1,103 | 14,468 | 15,571 | 3,635 | 11/19/04 | 1996 / 2009 | ||||||||||||||||||||||||||
655 Denbigh Boulevard | Newport News(4) | VA | 8,024 | 581 | 6,921 | 409 | — | 581 | 7,330 | 7,911 | 1,851 | 11/19/04 | 1998 | ||||||||||||||||||||||||||
885 Kempsville Rd | Norfolk | VA | — | 1,780 | 8,354 | 657 | — | 1,780 | 9,011 | 10,791 | 1,139 | 5/20/09 | 1981 | ||||||||||||||||||||||||||
6161 Kempsville Rd | Norfolk | VA | — | 1,530 | 9,531 | 387 | — | 1,530 | 9,918 | 11,448 | 1,278 | 12/22/08 | 1999 | ||||||||||||||||||||||||||
6311 Granby Street | Norfolk | VA | — | 1,920 | 16,538 | 30 | — | 1,920 | 16,568 | 18,488 | 1,181 | 6/20/11 | 2005 | ||||||||||||||||||||||||||
531 Wythe Creek Road | Poquoson | VA | — | 220 | 2,041 | 699 | — | 220 | 2,740 | 2,960 | 794 | 5/30/03 | 1987 | ||||||||||||||||||||||||||
9900 Independence Park Drive | Richmond(4) | VA | 9,353 | 326 | 3,166 | — | — | 326 | 3,166 | 3,492 | 165 | 11/22/11 | 2005 | ||||||||||||||||||||||||||
9930 Independence Park Drive | Richmond(4) | VA | — | 604 | 5,432 | — | — | 604 | 5,432 | 6,036 | 283 | 11/22/11 | 2005 | ||||||||||||||||||||||||||
3000 Skipwith Road | Richmond | VA | — | 732 | 8,717 | 730 | — | 732 | 9,447 | 10,179 | 2,340 | 11/19/04 | 1999 / 2010 | ||||||||||||||||||||||||||
SENIOR HOUSING PROPERTIES TRUST | |||||||||||||||||||||||||||||||||||||||
SCHEDULE III | |||||||||||||||||||||||||||||||||||||||
REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued) | |||||||||||||||||||||||||||||||||||||||
31-Dec-13 | |||||||||||||||||||||||||||||||||||||||
(Dollars appearing in the table below are in thousands) | |||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost at December 31, 2013 | ||||||||||||||||||||||||||||||||||||||
Address | City | State | Encumbrances | Land | Buildings, | Cost | Impairment | Land | Buildings, | Total(1) | Accumulated | Date | Original | ||||||||||||||||||||||||||
Improvements & | Capitalized | Improvements & | Depreciation(2) | Acquired(3) | Construction / | ||||||||||||||||||||||||||||||||||
Equipment | Subsequent to | Equipment | Renovated | ||||||||||||||||||||||||||||||||||||
Acquisition | Date | ||||||||||||||||||||||||||||||||||||||
5620 Wesleyan Drive | Virginia Beach | VA | — | 893 | 7,926 | 501 | — | 893 | 8,427 | 9,320 | 3,969 | 5/16/94 | 1990 | ||||||||||||||||||||||||||
4132 Longhill Road | Williamsburg | VA | — | 270 | 2,468 | 943 | — | 270 | 3,411 | 3,681 | 942 | 5/30/03 | 1987 | ||||||||||||||||||||||||||
21717 30th Drive SE | Bothell | WA | — | 3,012 | 12,582 | — | — | 3,012 | 12,582 | 15,594 | 288 | 2/14/13 | 1998 | ||||||||||||||||||||||||||
21823 30th Drive SE | Bothell | WA | — | 2,627 | 12,657 | — | — | 2,629 | 12,655 | 15,284 | 290 | 2/14/13 | 2000 | ||||||||||||||||||||||||||
516 Kenosia Avenue South | Kent(4) | WA | 6,579 | 1,300 | 8,458 | 54 | — | 1,300 | 8,512 | 9,812 | 338 | 7/31/12 | 1971 | ||||||||||||||||||||||||||
2956 152nd Ave NE | Redmond(4) | WA | 12,093 | 5,120 | 16,683 | 683 | — | 5,120 | 17,366 | 22,486 | 453 | 1/9/13 | 1990 / 2005 | ||||||||||||||||||||||||||
555 16th Avenue | Seattle | WA | — | 256 | 4,869 | 67 | — | 256 | 4,936 | 5,192 | 2,738 | 11/1/93 | 1964 | ||||||||||||||||||||||||||
18740 W. Bluemound Rd. | Brookfield | WI | — | 832 | 3,849 | 4,087 | — | 832 | 7,936 | 8,768 | 3,383 | 12/28/90 | 1964 / 2012 | ||||||||||||||||||||||||||
3003 West Good Hope Road | Glendale | WI | — | 1,500 | 33,747 | — | — | 1,500 | 33,747 | 35,247 | 3,586 | 9/30/09 | 1963 / 2003 | ||||||||||||||||||||||||||
7007 North Range Line Road | Glendale | WI | — | 250 | 3,797 | — | — | 250 | 3,797 | 4,047 | 403 | 9/30/09 | 1964 / 2000 | ||||||||||||||||||||||||||
215 Washington Street | Grafton | WI | — | 500 | 10,058 | — | — | 500 | 10,058 | 10,558 | 1,069 | 9/30/09 | 2009 | ||||||||||||||||||||||||||
8351 Sheridan Rd | Kenosha | WI | — | 750 | 7,669 | 112 | — | 750 | 7,781 | 8,531 | 1,155 | 1/1/08 | 2000 | ||||||||||||||||||||||||||
5601 Burke Rd | Madison | WI | — | 700 | 7,461 | 47 | — | 700 | 7,508 | 8,208 | 1,118 | 1/1/08 | 2000 | ||||||||||||||||||||||||||
10803 N. Port Washington Rd | Mequon(4) | WI | 4,272 | 800 | 8,388 | 396 | — | 800 | 8,784 | 9,584 | 1,326 | 1/1/08 | 1999 | ||||||||||||||||||||||||||
701 East Puetz Rd | Oak Creek | WI | — | 650 | 18,396 | 217 | — | 650 | 18,613 | 19,263 | 2,801 | 1/1/08 | 2001 | ||||||||||||||||||||||||||
W231 N1440 Corporate Court | Pewaukee | WI | — | 3,900 | 41,140 | — | — | 3,900 | 41,140 | 45,040 | 4,371 | 9/30/09 | 1994 | ||||||||||||||||||||||||||
321 Riverside Drive | Pewaukee | WI | — | 984 | 2,432 | 1,237 | — | 984 | 3,669 | 4,653 | 1,898 | 9/10/98 | 1963 / 1969 | ||||||||||||||||||||||||||
8438 & 8400 Washington Avenue | Racine | WI | — | 1,150 | 22,436 | — | — | 1,150 | 22,436 | 23,586 | 2,384 | 9/30/09 | 1986 | ||||||||||||||||||||||||||
1221 North 26th Street | Sheboygan | WI | — | 300 | 975 | — | — | 300 | 975 | 1,275 | 104 | 9/30/09 | 1987 | ||||||||||||||||||||||||||
2414 Kohler Memorial Drive | Sheboygan | WI | — | 1,400 | 35,168 | — | — | 1,400 | 35,168 | 36,568 | 3,737 | 9/30/09 | 1986 | ||||||||||||||||||||||||||
1222 North 23rd Street | Sheboygan | WI | — | 120 | 4,014 | — | — | 120 | 4,014 | 4,134 | 427 | 9/30/09 | 1987 | ||||||||||||||||||||||||||
1125 N Edge Trail | Verona | WI | — | 1,365 | 9,581 | 264 | — | 1,365 | 9,845 | 11,210 | 33 | 11/1/13 | 2001 / 2008 | ||||||||||||||||||||||||||
1451 Cleveland Avenue | Waukesha | WI | — | 68 | 3,452 | 3,115 | — | 68 | 6,567 | 6,635 | 3,467 | 12/28/90 | 1958 / 1995 | ||||||||||||||||||||||||||
3289 North Mayfair Road | Wauwatosa | WI | — | 2,300 | 6,245 | — | — | 2,300 | 6,245 | 8,545 | 664 | 9/30/09 | 1964 / 2000 | ||||||||||||||||||||||||||
5301 W. Lincoln Ave | West Allis | WI | — | 1,600 | 20,377 | 1,008 | — | 1,600 | 21,385 | 22,985 | 3,168 | 1/1/08 | 2001 | ||||||||||||||||||||||||||
503 South 18th Street | Laramie | WY | — | 191 | 3,632 | 789 | — | 191 | 4,421 | 4,612 | 2,444 | 12/30/93 | 1964 / 1986 | ||||||||||||||||||||||||||
SENIOR HOUSING PROPERTIES TRUST | |||||||||||||||||||||||||||||||||||||||
SCHEDULE III | |||||||||||||||||||||||||||||||||||||||
REAL ESTATE AND ACCUMULATED DEPRECIATION (Continued) | |||||||||||||||||||||||||||||||||||||||
31-Dec-13 | |||||||||||||||||||||||||||||||||||||||
(Dollars appearing in the table below are in thousands) | |||||||||||||||||||||||||||||||||||||||
Initial Cost to Company | Cost at December 31, 2013 | ||||||||||||||||||||||||||||||||||||||
Address | City | State | Encumbrances | Land | Buildings, | Cost | Impairment | Land | Buildings, | Total(1) | Accumulated | Date | Original | ||||||||||||||||||||||||||
Improvements & | Capitalized | Improvements & | Depreciation(2) | Acquired(3) | Construction / | ||||||||||||||||||||||||||||||||||
Equipment | Subsequent to | Equipment | Renovated | ||||||||||||||||||||||||||||||||||||
Acquisition | Date | ||||||||||||||||||||||||||||||||||||||
1901 Howell Ave. | Worland | WY | — | 132 | 2,507 | 1,230 | — | 132 | 3,737 | 3,869 | 1,906 | 12/30/93 | 1970 / 1996 | ||||||||||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Total | $ | 694,943 | $ | 625,794 | $ | 4,222,700 | $ | 439,354 | $ | (24,223 | ) | $ | 623,756 | $ | 4,639,869 | $ | 5,263,625 | $ | 840,760 | ||||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Note: The above table excludes properties classified as held for sale as of December 31, 2013. | |||||||||||||||||||||||||||||||||||||||
-1 | |||||||||||||||||||||||||||||||||||||||
Aggregate cost for federal income tax purposes is approximately $5.2 billion. | |||||||||||||||||||||||||||||||||||||||
-2 | |||||||||||||||||||||||||||||||||||||||
We depreciate buildings and improvements over periods ranging up to 40 years and equipment over periods ranging up to 12 years. | |||||||||||||||||||||||||||||||||||||||
-3 | |||||||||||||||||||||||||||||||||||||||
For assets transferred to us upon our spin off from CommonWealth REIT, or CWH, indicates the dates acquired by CWH, our predecessor. | |||||||||||||||||||||||||||||||||||||||
-4 | |||||||||||||||||||||||||||||||||||||||
These properties are collateral for our $666.9 million of mortgage notes. | |||||||||||||||||||||||||||||||||||||||
-5 | |||||||||||||||||||||||||||||||||||||||
These properties are subject to our $13.3 million of capital leases. | |||||||||||||||||||||||||||||||||||||||
-6 | |||||||||||||||||||||||||||||||||||||||
This property is collateral for our $14.7 million of mortgage bonds. | |||||||||||||||||||||||||||||||||||||||
SENIOR HOUSING PROPERTIES TRUST | |||||||||||||||||||||||||||||||||||||||
SCHEDULE III | |||||||||||||||||||||||||||||||||||||||
REAL ESTATE AND ACCUMULATED DEPRECIATION | |||||||||||||||||||||||||||||||||||||||
31-Dec-13 | |||||||||||||||||||||||||||||||||||||||
(Dollars in thousands) | |||||||||||||||||||||||||||||||||||||||
Analysis of the carrying amount of real estate and equipment and accumulated depreciation during the period: | |||||||||||||||||||||||||||||||||||||||
Real Estate and | Accumulated | ||||||||||||||||||||||||||||||||||||||
Equipment | Depreciation | ||||||||||||||||||||||||||||||||||||||
Balance at December 31, 2010 | $ | 3,641,483 | $ | 511,225 | |||||||||||||||||||||||||||||||||||
| | | | | | | | ||||||||||||||||||||||||||||||||
Additions | 951,029 | 97,103 | |||||||||||||||||||||||||||||||||||||
Disposals | (27,540 | ) | (9,655 | ) | |||||||||||||||||||||||||||||||||||
Impairment | (1,190 | ) | (228 | ) | |||||||||||||||||||||||||||||||||||
| | | | | | | | ||||||||||||||||||||||||||||||||
Balance at December 31, 2011 | 4,563,782 | 598,445 | |||||||||||||||||||||||||||||||||||||
| | | | | | | | ||||||||||||||||||||||||||||||||
Additions | 460,272 | 116,772 | |||||||||||||||||||||||||||||||||||||
Disposals | (846 | ) | (8 | ) | |||||||||||||||||||||||||||||||||||
Impairment | (3,593 | ) | (522 | ) | |||||||||||||||||||||||||||||||||||
| | | | | | | | ||||||||||||||||||||||||||||||||
Balance at December 31, 2012 | 5,019,615 | 714,687 | |||||||||||||||||||||||||||||||||||||
| | | | | | | | ||||||||||||||||||||||||||||||||
Additions | 245,330 | 126,073 | |||||||||||||||||||||||||||||||||||||
Disposals | — | — | |||||||||||||||||||||||||||||||||||||
Impairment | (1,320 | ) | — | ||||||||||||||||||||||||||||||||||||
| | | | | | | | ||||||||||||||||||||||||||||||||
Balance at December 31, 2013 | $ | 5,263,625 | $ | 840,760 | |||||||||||||||||||||||||||||||||||
| | | | | | | | ||||||||||||||||||||||||||||||||
| | | | | | | | ||||||||||||||||||||||||||||||||
Summary_of_Significant_Account1
Summary of Significant Accounting Policies (Policies) | 12 Months Ended |
Dec. 31, 2013 | |
Summary of Significant Accounting Policies | ' |
BASIS OF PRESENTATION | ' |
BASIS OF PRESENTATION. Our consolidated financial statements include the accounts of Senior Housing Properties Trust, or SNH, we, us or our, and our subsidiaries, all of which are 100% owned directly or indirectly by us. All intercompany transactions and balances with or among our consolidated subsidiaries have been eliminated. | |
REAL ESTATE PROPERTIES | ' |
REAL ESTATE PROPERTIES. We depreciate real estate properties on a straight line basis over estimated useful lives of up to 40 years for buildings and improvements and up to 12 years for personal property. Our management regularly evaluates whether events or changes in circumstances have occurred that could indicate an impairment in the value of long lived assets. If there is an indication that the carrying value of an asset is not recoverable, we estimate the projected undiscounted cash flows to determine if an impairment loss should be recognized. We determine the amount of any impairment loss by comparing the historical carrying value to estimated fair value. We estimate fair value through an evaluation of recent financial performance and projected discounted cash flows using standard industry valuation techniques. In addition to consideration of impairment upon the events or changes in circumstances described above, we regularly evaluate the remaining lives of our long lived assets. If we change our estimate of the remaining lives, we allocate the carrying value of the affected assets over their revised remaining lives. | |
We allocate the consideration paid, generally cash, for our properties among land, building and improvements, identified intangible assets and liabilities, generally consisting of the value of above market and below market leases, the value of in place leases, the value of tenant relationships and the fair value of any assumed liabilities. Purchase price allocations and the determination of useful lives are based on our estimates and, under some circumstances studies from independent real estate appraisal firms to provide market information and evaluations that are relevant to our purchase price allocations and determinations of useful lives; however, we are ultimately responsible for the purchase price allocations and determination of useful lives. | |
We allocate the consideration to land, building and improvements based on a determination of the fair values of these assets assuming the property is vacant. We determine the fair value of a property using methods that we believe are similar to those used by independent appraisers. Purchase price allocations to above market and below market leases are based on the estimated present value (using an interest rate which reflects our assessment of the risks associated with the leases acquired) of the difference between (i) the contractual amounts to be paid pursuant to the in place leases and (ii) our estimate of fair market lease rates for the corresponding leases, measured over a period equal to the remaining non-cancelable terms of the respective leases. Purchase price allocations to in place leases and tenant relationships are determined as the excess of (i) the purchase price paid for a property after adjusting existing in place leases to estimated market rental rates over (ii) the estimated fair value of the property as if vacant. We aggregate this value between in place lease values and tenant relationships based on our evaluation of the specific characteristics of each tenant's lease; however, the value of tenant relationships has not been separated from in place lease value for our properties because we believe such value and related amortization expense is immaterial for acquisitions reflected in our historical financial statements. We consider certain factors in performing these analyses including estimates of carrying costs during the expected lease up periods, including real estate taxes, insurance and other operating income and expenses and costs to execute similar leases in current market conditions, such as leasing commissions, legal and other related costs. If we believe the value of tenant relationships are material in the future, those amounts will be separately allocated and amortized over the estimated lives of the relationships. We recognize the excess, if any, of the consideration paid over amounts allocated to land, buildings and improvements and identified intangible assets and liabilities as goodwill. | |
We amortize capitalized above market lease values (included in acquired real estate leases in our consolidated balance sheets) as a reduction to rental income over the remaining non-cancelable terms of the respective leases. We amortize capitalized below market lease values (presented as acquired real estate lease obligations in our consolidated balance sheets) as an increase to rental income over the non-cancelable periods of the respective leases. We amortize the value of in place leases exclusive of the value of above market and below market in place leases to expense over the remaining non-cancelable periods of the respective leases. If a lease is terminated prior to its stated expiration, the unamortized amount relating to that lease is written off. | |
CASH AND CASH EQUIVALENTS | ' |
CASH AND CASH EQUIVALENTS. We carry cash and cash equivalents, consisting of overnight repurchase agreements and short term investments with original maturities of three months or less at the date of purchase, at cost plus accrued interest, which approximates fair value. | |
RESTRICTED CASH | ' |
RESTRICTED CASH. Restricted cash consists of amounts escrowed for real estate taxes, insurance and capital expenditures at certain of our mortgaged properties and security deposits for tenants of our managed senior living communities. | |
INVESTMENTS IN AVAILABLE FOR SALE SECURITIES | ' |
INVESTMENTS IN AVAILABLE FOR SALE SECURITIES. We own 250,000 common shares, or 0.2% at December 31, 2013, of CommonWealth REIT, or CWH. We also own 4,235,000 common shares, or 8.7% at December 31, 2013, of Five Star Quality Care, Inc., or Five Star. We classify these holdings as available for sale and carry them at fair value, with unrealized gains and losses reported as a separate component of shareholders' equity. Cumulative other comprehensive income shown in our consolidated balance sheets includes the net unrealized gain or loss on investments determined as the net difference between the market value of these shares of CWH and Five Star calculated by using weighted average quoted market prices on the dates we acquired these shares ($26.00 and $3.36 per share, respectively) and on December 31, 2013 ($23.31 and $5.49 per share, respectively). At December 31, 2013 and 2012, our investment in CWH had a fair value of $5,828 and $3,960, respectively, including an unrealized loss of $673 and $2,540, respectively. At December 31, 2013 and 2012, our investment in Five Star had a fair value of $23,250 and $21,217, respectively, including an unrealized gain of $9,036 and $7,003, respectively. | |
EQUITY METHOD INVESTMENTS | ' |
EQUITY METHOD INVESTMENTS. We and the other seven current shareholders each currently own 12.5% of Affiliates Insurance Company, or AIC's, outstanding equity. Although we own less than 20% of AIC, we use the equity method to account for this investment because we believe that we have significant influence over AIC because all of our Trustees are also directors of AIC. Under the equity method, we record our percentage share of net earnings from AIC in our consolidated statements of income and comprehensive income. If we determine there is an "other than temporary impairment" in the fair value of this investment, we would record a charge to earnings. In evaluating the fair value of this investment, we have considered, among other things, the assets and liabilities held by AIC, AIC's overall financial condition and earning trends, and the financial condition and prospects for the insurance industry generally. See Note 5 for a further discussion of our investment in AIC. | |
DEFERRED FINANCING FEES | ' |
DEFERRED FINANCING FEES. We capitalize issuance costs related to borrowings and amortize them over the terms of the respective loans. During 2013, we capitalized $3,326 of issuance costs, including $3,078 related to the amendment of our revolving credit facility in September 2013 and $248 related to our assumption of a mortgage loan during 2013. During 2012, we capitalized $12,608 of issuance costs, including $11,439 related to our $350,000 senior notes issued in July 2012, $1,125 related to our assumption of mortgage loans during 2012 and $44 related to our $300,000 senior notes issued in December 2011. During 2011, we capitalized $13,760 of issuance costs, including $6,723 related to refinancing our revolving credit facility in June 2011, $2,540 related to our assumption of mortgage loans during 2011, $2,487 related to our $300,000 senior notes issued in December 2011, $1,973 related to our $250,000 senior notes issued in January 2011 and $37 related to our $512,934 Federal National Mortgage Association, or FNMA, mortgage financing we closed in August 2009. During 2013, we wrote off $538 of unamortized deferred financing fees in connection with the amendment of our revolving credit facility in September 2013. During 2012, we wrote off $3,897 of unamortized deferred financing fees in connection with our prepayment of approximately $199,197 of the outstanding principal balance of our $512,934 FNMA mortgage financing we closed in August 2009. During 2011, we wrote off $427 of unamortized deferred financing fees in connection with the refinancing of our revolving credit facility. The unamortized gross balance of deferred financing fees and related accumulated amortization was $42,797 and $14,822, and $39,471 and $10,061 at December 31, 2013 and 2012, respectively. The weighted average amortization period is approximately 14.2 years. We expect that the amortization expense relating to the unamortized gross balance of deferred financing fees for the five years subsequent to December 31, 2013 will be $4,555 in 2014, $4,279 in 2015, $3,636 in 2016, $3,148 in 2017, $1,795 in 2018 and $10,562, thereafter. | |
DEFERRED LEASING COSTS | ' |
DEFERRED LEASING COSTS. Deferred leasing costs include brokerage, legal and other fees associated with the successful negotiation of leases and are amortized on a straight line basis over the terms of the respective leases. Deferred leasing costs are included in other assets on our consolidated balance sheets. The unamortized gross balance of deferred leasing costs and related accumulated amortization was $10,542 and $2,687, and $6,917 and $1,793 at December 31, 2013 and 2012, respectively. The weighted average amortization period is approximately 6.8 years. We expect that the amortization expense for the five years subsequent to December 31, 2013 will be $1,516 in 2014, $1,386 in 2015, $1,197 in 2016, $930 in 2017, $804 in 2018 and $2,021, thereafter. | |
LOANS RECEIVABLE | ' |
LOANS RECEIVABLE. Loans receivable are stated at the unpaid principal balance. We recognized interest income based on the contractual terms in the loan agreement, which is included in interest and other income on our consolidated statements of income and comprehensive income. | |
ALLOWANCE FOR DOUBTFUL ACCOUNTS | ' |
ALLOWANCE FOR DOUBTFUL ACCOUNTS. We maintain an allowance for doubtful accounts for estimated losses resulting from the inability or unwillingness of certain tenants to make payments required under their leases. The computation of the allowance is based on the tenants' payment histories and current credit profiles, as well as other considerations. The net amount of our accounts receivables from third parties appear in other assets on our consolidated balance sheets. | |
REVENUE RECOGNITION | ' |
REVENUE RECOGNITION. We recognize rental income from operating leases on a straight line basis over the term of each lease agreement. We recognize percentage rents when realizable and earned, which is generally during the fourth quarter of the year. For the years ended December 31, 2013, 2012 and 2011, percentage rents earned aggregated $9,226, $10,859, and $11,313, respectively. | |
As of December 31, 2013, we own 44 senior living communities, including 34 communities that we acquired since June 2011 and the ten senior living communities formerly leased to Sunrise Senior Living, Inc., or Sunrise, that are managed by Five Star. We refer to these 44 communities as the managed senior living communities. We derive our revenues at these 44 managed senior living communities primarily from services to residents and we record revenues when services are provided. Our share of the net operating results of our managed senior living communities in excess of the minimum returns due to us, or additional returns, are generally determined annually. We recognize additional returns due to us under our management agreements at year end when all contingencies are met and the income is earned. We had no additional returns in 2013 and 2012. | |
EARNINGS PER COMMON SHARE | ' |
EARNINGS PER COMMON SHARE. We compute earnings per common share using the weighted average number of shares outstanding during the period. We have no common share equivalents, instruments convertible into common shares or other dilutive instruments. | |
USE OF ESTIMATES | ' |
USE OF ESTIMATES. Accounting principles generally accepted in the United States requires us to make estimates and assumptions that may affect the amounts reported in these financial statements and related notes. The actual results could differ from these estimates. | |
INCOME TAXES | ' |
INCOME TAXES. We have elected to be taxed as a REIT under the Internal Revenue Code of 1986, as amended, and as such are generally not subject to federal and most state income taxation on our operating income, provided we distribute our taxable income to our shareholders and meet certain organization and operating requirements. We do, however, lease nearly all of our managed senior living communities to our wholly owned taxable REIT subsidiaries, or TRSs, that, unlike most of our subsidiaries, file separate tax returns and are subject to federal and state income taxes. Our consolidated income tax provision includes the income tax provision related to the operations of our TRSs and certain state income taxes incurred by us, despite our REIT status. | |
The Income Taxes Topic of the Codification prescribes how we should recognize, measure and present in our financial statements uncertain tax positions that have been taken or are expected to be taken in a tax return. Deferred tax benefits are recognized to the extent that it is "more likely than not" that a particular tax position will be sustained upon examination or audit. To the extent the "more likely than not" standard has been satisfied, the benefit associated with a tax position is measured as the largest amount that has a greater than 50% likelihood of being realized upon settlement. We classify interest and penalties related to uncertain tax positions, if any, in our financial statements as a component of general and administrative expense. | |
SEGMENT REPORTING | ' |
SEGMENT REPORTING. As of December 31, 2013, we have four operating segments, of which three are separately reportable operating segments. The first operating segment includes triple net senior living communities that provide short term and long term residential care and dining services for residents. The second operating segment includes managed senior living communities that provide short term and long term residential care and dining services for residents. The third operating segment includes properties where medical related activities occur but where residential overnight stays and dining services are not provided. Properties in this segment include those leased to medical providers, medical related businesses, clinics and biotech laboratory tenants, or MOBs. The fourth operating segment includes the operating results of certain properties that offer fitness, wellness and spa services to members, which we do not consider to be sufficiently material as to constitute a separate reporting segment. | |
RECLASSIFICATIONS | ' |
RECLASSIFICATIONS. We have made reclassifications to the prior years' financial statements to conform to the current year's presentation. These reclassifications had no effect on net income or shareholders' equity. | |
NEW ACCOUNTING PRONOUNCEMENTS | ' |
NEW ACCOUNTING PRONOUNCEMENTS. In January 2013, we adopted Financial Accounting Standards Board, or FASB, Accounting Standards Update No. 2013-02, Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income. This update is the culmination of the FASB's deliberation on reporting reclassification adjustments from accumulated other comprehensive income, or AOCI. This standard does not change the current requirements for reporting net income or other comprehensive income. However, it requires disclosure of amounts reclassified out of AOCI in their entirety, by component, on the face of the statement of operations or in the notes thereto. Amounts that are not required to be reclassified in their entirety to net income must be cross referenced to other disclosures that provide additional detail. This standard is effective prospectively for annual and interim reporting periods beginning after December 15, 2012. This update has not caused any material changes to the disclosures in, or the presentation of, our condensed consolidated financial statements. | |
Real_Estate_Properties_Tables
Real Estate Properties (Tables) | 12 Months Ended | ||||||||||||||||||||||||||||||
Dec. 31, 2013 | |||||||||||||||||||||||||||||||
Real Estate Properties | ' | ||||||||||||||||||||||||||||||
Schedule of summarized income statement information for the four MOBs (seven buildings) that meet the criteria for discontinued operations included in discontinued operations | ' | ||||||||||||||||||||||||||||||
For the year ended December 31, | |||||||||||||||||||||||||||||||
2013 | 2012 | 2011 | |||||||||||||||||||||||||||||
Rental income | $ | 9,451 | $ | 10,042 | $ | 9,986 | |||||||||||||||||||||||||
Property operating expenses | (3,609 | ) | (3,567 | ) | (3,567 | ) | |||||||||||||||||||||||||
Depreciation and amortization | (799 | ) | (2,414 | ) | (2,306 | ) | |||||||||||||||||||||||||
| | | | | | | | | | | |||||||||||||||||||||
Income from discontinued operations | $ | 5,043 | $ | 4,061 | $ | 4,113 | |||||||||||||||||||||||||
| | | | | | | | | | | |||||||||||||||||||||
| | | | | | | | | | | |||||||||||||||||||||
Triple Net Senior Living Communities | ' | ||||||||||||||||||||||||||||||
Real Estate Properties | ' | ||||||||||||||||||||||||||||||
Schedule of real estate property acquisition | ' | ||||||||||||||||||||||||||||||
Date | Location | Number | Units/ | Cash Paid | Land | Buildings | FF&E | Intangible | Assumed | Premium | |||||||||||||||||||||
of | Beds | plus | and | Assets | Debt | on Assumed | |||||||||||||||||||||||||
Properties | Assumed | Improvements | Debt | ||||||||||||||||||||||||||||
Debt(1) | |||||||||||||||||||||||||||||||
Triple Net Senior Living Communities Acquisitions during the year ended December 31, 2013: | |||||||||||||||||||||||||||||||
January 2013(2) | WA | 1 | 150 | $ | 22,350 | $ | 5,120 | $ | 16,562 | $ | 669 | $ | 1,039 | $ | 12,266 | $ | 1,040 | ||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
1 | 150 | $ | 22,350 | $ | 5,120 | $ | 16,562 | $ | 669 | $ | 1,039 | $ | 12,266 | $ | 1,040 | ||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Triple Net Senior Living Communities Acquisitions during the year ended December 31, 2012: | |||||||||||||||||||||||||||||||
July 2012(3) | Various | 4 | 511 | $ | 36,500 | $ | 4,100 | $ | 29,728 | $ | 1,400 | $ | 1,900 | $ | 6,876 | $ | 628 | ||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
4 | 511 | $ | 36,500 | $ | 4,100 | $ | 29,728 | $ | 1,400 | $ | 1,900 | $ | 6,876 | $ | 628 | ||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
-1 | |||||||||||||||||||||||||||||||
Cash paid plus assumed debt, if any, excludes closing costs. | |||||||||||||||||||||||||||||||
-2 | |||||||||||||||||||||||||||||||
We leased this property to a subsidiary of Stellar Senior Living, LLC, or Stellar, for an initial term expiring in 2028 for initial rent of approximately $1,732 per year. Percentage rent, based on increases in gross revenues at this property, will commence in 2016. | |||||||||||||||||||||||||||||||
-3 | |||||||||||||||||||||||||||||||
We leased these properties to subsidiaries of Stellar, for an initial term expiring in 2027 for initial rent of approximately $2,920 per year. Percentage rent, based on increases in gross revenues at these properties, will commence in 2014. | |||||||||||||||||||||||||||||||
Managed Senior Living Communities | ' | ||||||||||||||||||||||||||||||
Real Estate Properties | ' | ||||||||||||||||||||||||||||||
Schedule of real estate property acquisition | ' | ||||||||||||||||||||||||||||||
Date | Location | Number | Units/ | Cash Paid | Land | Buildings | FF&E | Intangible | Assumed | Premium | |||||||||||||||||||||
of | Beds | plus | and | Assets | Debt | on Assumed | |||||||||||||||||||||||||
Properties | Assumed | Improvements | Debt | ||||||||||||||||||||||||||||
Debt(1) | |||||||||||||||||||||||||||||||
Managed Senior Living Communities Acquisitions during the year ended December 31, 2013: | |||||||||||||||||||||||||||||||
Aug-13 | GA | 1 | 93 | $ | 22,030 | $ | 1,548 | $ | 18,666 | $ | 803 | $ | 1,013 | $ | — | $ | — | ||||||||||||||
Oct-13 | Various | 3 | 213 | 29,004 | 2,242 | 23,861 | 612 | 2,289 | — | — | |||||||||||||||||||||
Nov-13 | WI | 1 | 68 | 11,965 | 1,365 | 9,628 | 199 | 773 | — | — | |||||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
5 | 374 | $ | 62,999 | $ | 5,155 | $ | 52,155 | $ | 1,614 | $ | 4,075 | $ | — | $ | — | ||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Managed Senior Living Communities Acquisitions during the year ended December 31, 2012: | |||||||||||||||||||||||||||||||
Feb-12 | AL | 1 | 92 | $ | 11,300 | $ | 1,300 | $ | 9,071 | $ | 346 | $ | 583 | $ | — | $ | — | ||||||||||||||
May-12 | SC | 1 | 59 | 8,059 | 1,092 | 6,405 | 200 | 362 | 4,789 | — | |||||||||||||||||||||
Jul-12 | SC | 1 | 232 | 37,273 | 3,898 | 30,670 | 943 | 1,762 | — | — | |||||||||||||||||||||
Aug-12 | NY | 1 | 310 | 99,000 | 8,460 | 87,492 | 3,069 | 2,726 | 31,187 | 2,747 | |||||||||||||||||||||
Aug-12 | MO | 1 | 87 | 11,280 | 260 | 10,852 | 530 | 330 | 5,838 | 692 | |||||||||||||||||||||
Dec-12 | TN | 1 | 90 | 11,550 | 800 | 10,000 | 322 | 428 | — | — | |||||||||||||||||||||
Dec-12 | TX | 1 | 78 | 9,000 | 1,440 | 6,879 | 246 | 435 | — | — | |||||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
7 | 948 | $ | 187,462 | $ | 17,250 | $ | 161,369 | $ | 5,656 | $ | 6,626 | $ | 41,814 | $ | 3,439 | ||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
-1 | |||||||||||||||||||||||||||||||
Cash paid plus assumed debt, if any, excludes closing costs. The allocation of the purchase price of our 2013 acquisitions shown above is based upon preliminary estimates of the fair value of assets acquired and liabilities assumed. The final amounts allocated to assets acquired and liabilities assumed could change significantly. | |||||||||||||||||||||||||||||||
MOB | ' | ||||||||||||||||||||||||||||||
Real Estate Properties | ' | ||||||||||||||||||||||||||||||
Schedule of real estate property acquisition | ' | ||||||||||||||||||||||||||||||
Date | Location | Number | Square | Cash Paid | Land | Buildings | Acquired | Acquired | Assumed | Premium | |||||||||||||||||||||
of | Feet | plus | and | Real Estate | Real Estate | Debt | on Assumed | ||||||||||||||||||||||||
Properties | Assumed | Improvements | Leases | Lease | Debt | ||||||||||||||||||||||||||
Debt(1) | Obligations | ||||||||||||||||||||||||||||||
MOB Acquisitions during the year ended December 31, 2013: | |||||||||||||||||||||||||||||||
Feb-13 | WA | 1 | 144,900 | $ | 38,000 | $ | 5,639 | $ | 27,213 | $ | 6,736 | $ | 1,588 | $ | — | $ | — | ||||||||||||||
Mar-13 | MS | 1 | 71,983 | 14,600 | 1,269 | 12,516 | 1,498 | 683 | — | — | |||||||||||||||||||||
August 2013(2) | MA | 1 | 105,462 | 49,500 | 4,559 | 44,941 | — | — | — | — | |||||||||||||||||||||
Dec-13 | FL | 3 | 62,826 | 15,375 | 2,432 | 11,165 | 1,778 | — | — | — | |||||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
6 | 385,171 | $ | 117,475 | $ | 13,899 | $ | 95,835 | $ | 10,012 | $ | 2,271 | $ | — | $ | — | ||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
MOB Acquisitions during the year ended December 31, 2012: | |||||||||||||||||||||||||||||||
May-12 | GA | 1 | 28,440 | $ | 8,600 | $ | 1,080 | $ | 6,138 | $ | 1,392 | $ | 10 | $ | — | $ | — | ||||||||||||||
May-12 | GA | 1 | 111,538 | 23,100 | 3,500 | 13,179 | 6,421 | — | — | — | |||||||||||||||||||||
Jun-12 | HI | 1 | 204,429 | 70,495 | 11,200 | 55,618 | 4,306 | 629 | 52,000 | — | |||||||||||||||||||||
Jun-12 | MD | 1 | 92,180 | 18,250 | 1,900 | 12,858 | 3,570 | 78 | — | — | |||||||||||||||||||||
Jul-12 | TX | 1 | 63,082 | 16,850 | 990 | 13,887 | 1,973 | — | — | — | |||||||||||||||||||||
Jul-12 | FL | 1 | 52,858 | 7,750 | 1,620 | 5,341 | 789 | — | — | — | |||||||||||||||||||||
Sep-12 | MA | 1 | 33,600 | 16,400 | 1,443 | 14,153 | 1,812 | — | 11,462 | 1,008 | |||||||||||||||||||||
Nov-12 | TN | 1 | 33,796 | 9,200 | 1,528 | 6,590 | 1,132 | 50 | — | — | |||||||||||||||||||||
Dec-12 | MN | 1 | 76,637 | 15,100 | 2,774 | 9,276 | 4,087 | 183 | 9,641 | 854 | |||||||||||||||||||||
Dec-12 | CO | 1 | 62,418 | 16,400 | 1,437 | 11,777 | 3,196 | 10 | — | — | |||||||||||||||||||||
Dec-12 | TX | 2 | 80,216 | 23,550 | 3,116 | 16,439 | 4,006 | 11 | — | — | |||||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
12 | 839,194 | $ | 225,695 | $ | 30,588 | $ | 165,256 | $ | 32,684 | $ | 971 | $ | 73,103 | $ | 1,862 | ||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
-1 | |||||||||||||||||||||||||||||||
Cash paid plus assumed debt, if any, excludes closing costs. The allocation of the purchase price of certain of our 2013 acquisitions shown above is based upon preliminary estimates of the fair value of assets acquired and liabilities assumed. Consequently, amounts preliminarily allocated to assets acquired and liabilities assumed could change significantly from those used in these consolidated financial statements. | |||||||||||||||||||||||||||||||
-2 | |||||||||||||||||||||||||||||||
This acquisition is accounted for as an asset purchase. | |||||||||||||||||||||||||||||||
Shareholders_Equity_Tables
Shareholders' Equity (Tables) | 12 Months Ended | |||||||
Dec. 31, 2013 | ||||||||
Shareholders' Equity | ' | |||||||
Schedule of summary of shares granted and vested | ' | |||||||
Number of Shares | Weighted Average | |||||||
Grant Date | ||||||||
Fair Value | ||||||||
Unvested shares at December 31, 2010 | 118,670 | $ | 21.83 | |||||
Shares granted in 2011 | 82,450 | $ | 23.84 | |||||
Shares vested in 2011 | (68,500 | ) | $ | 23.36 | ||||
| | | | | | | | |
Unvested shares at December 31, 2011 | 132,620 | $ | 22.86 | |||||
Shares granted in 2012 | 87,092 | $ | 22.38 | |||||
Shares vested in 2012 | (79,678 | ) | $ | 22.18 | ||||
| | | | | | | | |
Unvested shares at December 31, 2012 | 140,034 | $ | 23.03 | |||||
Shares granted in 2013 | 92,075 | $ | 23.48 | |||||
Shares vested in 2013 | (81,398 | ) | $ | 23.85 | ||||
| | | | | | | | |
Unvested shares at December 31, 2013 | 150,711 | $ | 23.84 | |||||
| | | | | | | | |
| | | | | | | | |
Indebtedness_Tables
Indebtedness (Tables) | 12 Months Ended | |||||||||||||||||||||||||
Dec. 31, 2013 | ||||||||||||||||||||||||||
Indebtedness | ' | |||||||||||||||||||||||||
Schedule of additional outstanding debt | ' | |||||||||||||||||||||||||
December 31, 2013 | December 31, 2012 | |||||||||||||||||||||||||
Unsecured Debt | Coupon | Maturity | Face | Unamortized | Face | Unamortized | ||||||||||||||||||||
Amount | Discount | Amount | Discount | |||||||||||||||||||||||
Senior notes | 4.3 | % | 2016 | $ | 250,000 | $ | 1,085 | $ | 250,000 | $ | 1,620 | |||||||||||||||
Senior notes | 6.75 | % | 2020 | 200,000 | 1,348 | 200,000 | 1,563 | |||||||||||||||||||
Senior notes | 6.75 | % | 2021 | 300,000 | 4,230 | 300,000 | 4,764 | |||||||||||||||||||
Senior notes | 5.625 | % | 2042 | 350,000 | — | 350,000 | — | |||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | |||||||
Total unsecured debt | $ | 1,100,000 | $ | 6,663 | $ | 1,100,000 | $ | 7,947 | ||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | |||||||
| | | | | | | | | | | | | | | | | | | | |||||||
Schedule of secured and other debt | ' | |||||||||||||||||||||||||
Principal Balance as of | Net Book Value of | |||||||||||||||||||||||||
December 31, | Interest | Number of | Initial | Collateral | ||||||||||||||||||||||
Rate | Properties as | Cost of | ||||||||||||||||||||||||
Secured and Other Debt | 2013(1) | 2012(1) | Maturity | Collateral | Collateral | 2013 | 2012 | |||||||||||||||||||
Mortgages(2) | $ | — | $ | 10,565 | 6.11% | 13-Dec | — | $ | 17,034 | $ | — | $ | 14,883 | |||||||||||||
Mortgages(2) | — | 13,759 | 6.91% | 13-Dec | — | 36,359 | — | 33,057 | ||||||||||||||||||
Mortgages | 36,145 | 36,906 | 5.83% | 14-Jun | 2 | 79,000 | 77,799 | 78,594 | ||||||||||||||||||
Mortgage | 30,177 | 30,944 | 6.02% | 15-Mar | 1 | 99,000 | 96,354 | 98,346 | ||||||||||||||||||
Mortgage | 12,093 | — | 6.25% | May 15 | 1 | 22,350 | 22,033 | — | ||||||||||||||||||
Mortgage | 5,020 | 5,121 | 5.65% | 15-Jun | 1 | 22,143 | 20,965 | 21,435 | ||||||||||||||||||
Mortgage | 11,465 | 11,612 | 6.37% | 15-Jul | 1 | 14,849 | 14,197 | 14,432 | ||||||||||||||||||
Mortgages | 12,773 | 13,051 | 5.66% | 15-Jul | 3 | 26,606 | 25,457 | 25,868 | ||||||||||||||||||
Mortgage | 2,805 | 2,878 | 5.88% | 15-Jul | 1 | 15,397 | 14,384 | 14,774 | ||||||||||||||||||
Mortgage | 6,579 | 6,792 | 5.81% | 15-Oct | 1 | 9,650 | 9,474 | 9,665 | ||||||||||||||||||
Mortgage | 4,502 | 4,596 | 5.81% | 15-Oct | 1 | 8,600 | 8,168 | 8,391 | ||||||||||||||||||
Mortgages | 52,000 | 52,000 | 5.64% | 16-Jan | 1 | 70,495 | 64,904 | 66,123 | ||||||||||||||||||
Mortgage | 6,363 | 6,476 | 5.97% | 16-Apr | 1 | 10,272 | 9,811 | 10,051 | ||||||||||||||||||
Mortgage | 87,928 | 90,607 | 5.92% | 16-Nov | 2 | 157,500 | 151,928 | 154,691 | ||||||||||||||||||
Mortgage | 12,366 | 12,537 | 6.25% | 16-Nov | 1 | 22,102 | 21,672 | 21,968 | ||||||||||||||||||
Mortgage | 5,720 | 5,810 | 5.86% | 17-Mar | 1 | 11,280 | 11,292 | 11,562 | ||||||||||||||||||
Mortgages | 45,753 | 46,753 | 6.54% | May 17 | 8 | 62,500 | 54,702 | 56,341 | ||||||||||||||||||
Mortgage | 11,245 | 11,419 | 6.15% | 17-Aug | 1 | 16,400 | 15,180 | 15,507 | ||||||||||||||||||
Mortgage | 9,425 | 9,641 | 6.73% | 18-Apr | 1 | 15,100 | 11,299 | 11,526 | ||||||||||||||||||
Mortgage | 292,611 | 296,437 | 6.71% | 19-Sep | 17 | 617,161 | 252,404 | 260,274 | ||||||||||||||||||
Mortgage(3) | 3,007 | 3,270 | 7.31% | 22-Jan | 1 | 18,827 | 16,478 | 16,839 | ||||||||||||||||||
Mortgage(3) | 1,482 | 1,608 | 7.85% | 22-Jan | — | — | — | — | ||||||||||||||||||
Mortgage | 3,444 | 3,534 | 6.25% | Feb-33 | 1 | 5,200 | 4,588 | 4,695 | ||||||||||||||||||
Mortgage | 9,353 | 9,492 | 5.95% | Sep-38 | 2 | 11,425 | 9,080 | 9,295 | ||||||||||||||||||
Mortgage | 4,672 | 4,747 | 4.38% | Sep-43 | 1 | 8,059 | 7,632 | 7,768 | ||||||||||||||||||
Bonds | 14,700 | 14,700 | 5.88% | 27-Dec | 1 | 34,307 | 25,619 | 26,559 | ||||||||||||||||||
Capital Leases | 13,314 | 13,792 | 7.70% | 26-Apr | 2 | 28,601 | 18,626 | 15,603 | ||||||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | |
Total secured | $ | 694,942 | $ | 719,047 | 53 | $ | 1,440,217 | $ | 964,046 | $ | 1,008,247 | |||||||||||||||
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | |
-1 | ||||||||||||||||||||||||||
The principal balances are the amounts stated in the contracts. In accordance with GAAP, our carrying values and recorded interest expense may be different because of market conditions at the time we assumed certain of these debts. As of December 31, 2013 and 2012, the unamortized net premiums on certain of these mortgages were $4,485 and $5,430, respectively. | ||||||||||||||||||||||||||
-2 | ||||||||||||||||||||||||||
In 2013 we repaid this debt. | ||||||||||||||||||||||||||
-3 | ||||||||||||||||||||||||||
These two mortgages are collateralized by one MOB property acquired in July 2008. | ||||||||||||||||||||||||||
Schedule of required principal payments on outstanding debt | ' | |||||||||||||||||||||||||
Required principal payments on our outstanding debt as of December 31, 2013, are as follows: | ||||||||||||||||||||||||||
2014 | $ | 48,222 | ||||||||||||||||||||||||
2015 | 94,249 | |||||||||||||||||||||||||
2016 | 410,136 | |||||||||||||||||||||||||
2017 | 65,382 | |||||||||||||||||||||||||
2018 | 115,602 | |||||||||||||||||||||||||
Thereafter | 1,161,353 |
Fair_Value_of_Assets_and_Liabi1
Fair Value of Assets and Liabilities (Tables) | 12 Months Ended | |||||||||||||
Dec. 31, 2013 | ||||||||||||||
Fair Value of Assets and Liabilities | ' | |||||||||||||
Assets and liabilities measured at fair value | ' | |||||||||||||
Description | Total | Quoted Prices in Active | Significant Other | Significant | ||||||||||
Markets for Identical | Observable Inputs | Unobservable | ||||||||||||
Assets (Level 1) | (Level 2) | Inputs | ||||||||||||
(Level 3) | ||||||||||||||
Assets held for sale(1) | $ | 29,219 | $ | — | $ | 29,219 | $ | — | ||||||
Long-lived assets held and used(2) | $ | 653 | $ | — | $ | 653 | $ | — | ||||||
Investments in available for sale securities(3) | $ | 29,078 | $ | 29,078 | $ | — | $ | — | ||||||
Unsecured senior notes(4) | $ | 1,099,378 | $ | 1,099,378 | $ | — | $ | — | ||||||
Secured debt(5) | $ | 755,303 | $ | — | $ | — | $ | 755,303 | ||||||
-1 | ||||||||||||||
Assets held for sale consist of 14 of our properties (17 buildings) that we expect to sell that are reported at fair value less costs to sell. We used offers to purchase these properties made by third parties or comparable sales transactions (Level 2 inputs) to determine the fair values of these properties. We have recorded cumulative impairments of approximately $44,395 to these properties in order to reduce their book value to fair value. | ||||||||||||||
-2 | ||||||||||||||
Long-lived assets held and used consist of one of our properties for which we reduced the carrying value. We used broker information and comparable sales transactions (Level 2 inputs) to determine the fair value of this property. We have previously recorded impairment of assets charges of $1,304 and $3,071 for the years ended December 31, 2013 and 2012, respectively, for this property in order to reduce its carrying value to the amount stated. | ||||||||||||||
-3 | ||||||||||||||
Our investments in available for sale securities include our 250,000 common shares of CWH and 4,235,000 common shares of Five Star. The fair values of these shares are based on quoted prices at December 31, 2013 in active markets (Level 1 inputs). | ||||||||||||||
-4 | ||||||||||||||
We estimate the fair values of our unsecured senior notes using an average of the bid and ask price of our then outstanding four issuances of senior notes (Level 1 inputs) on or about December 31, 2013. The fair values of these senior note obligations exceed their book values of $1,093,337 by $6,041 because these notes were trading at a premium to their face amounts. | ||||||||||||||
-5 | ||||||||||||||
We estimate the fair values of our secured debt by using discounted cash flow analyses and currently prevailing market terms as of the measurement date (Level 3 inputs). Because Level 3 inputs are unobservable, our estimated fair value may differ materially from the actual fair value. | ||||||||||||||
Concentration_of_Credit_Risk_T
Concentration of Credit Risk (Tables) | 12 Months Ended | |||||||||||||
Dec. 31, 2013 | ||||||||||||||
Concentration of Credit Risk | ' | |||||||||||||
Summary of the assets leased and rents earned from significant lessees | ' | |||||||||||||
At | At | |||||||||||||
December 31, 2013 | December 31, 2012 | |||||||||||||
Investment(1) | % of Total | Investment(1) | % of Total | |||||||||||
Five Star | $ | 2,099,713 | 40% | $ | 2,074,877 | 41% | ||||||||
All others | 3,163,912 | 60% | 2,944,738 | 59% | ||||||||||
| | | | | | | | | | | | | | |
$ | 5,263,625 | 100% | $ | 5,019,615 | 100% | |||||||||
| | | | | | | | | | | | | | |
| | | | | | | | | | | | | | |
Year Ended | Year Ended | |||||||||||||
December 31, 2013 | December 31, 2012 | |||||||||||||
Rental income | % of Total | Rental income | % of Total | |||||||||||
Five Star | $ | 203,719 | 44% | $ | 200,912 | 45% | ||||||||
All others | 255,661 | 56% | 249,857 | 55% | ||||||||||
| | | | | | | | | | | | | | |
$ | 459,380 | 100% | $ | 450,769 | 100% | |||||||||
| | | | | | | | | | | | | | |
| | | | | | | | | | | | | | |
-1 | ||||||||||||||
Represents real and personal property leased to our tenants at historical cost after impairment losses and before depreciation. Excludes properties classified as held for sale. | ||||||||||||||
Segment_Reporting_Tables
Segment Reporting (Tables) | 12 Months Ended | ||||||||||||||||
Dec. 31, 2013 | |||||||||||||||||
Segment Reporting | ' | ||||||||||||||||
Schedule of segment reporting information | ' | ||||||||||||||||
For the Year Ended December 31, 2013 | |||||||||||||||||
Triple Net | Managed | MOBs | All Other | Consolidated | |||||||||||||
Senior Living | Senior Living | Operations | |||||||||||||||
Communities | Communities | ||||||||||||||||
Revenues: | |||||||||||||||||
Rental income | $ | 237,209 | $ | — | $ | 204,594 | $ | 17,577 | $ | 459,380 | |||||||
Residents fees and services | — | 302,058 | — | — | 302,058 | ||||||||||||
| | | | | | | | | | | | | | | | | |
Total revenues | 237,209 | 302,058 | 204,594 | 17,577 | 761,438 | ||||||||||||
Expenses: | |||||||||||||||||
Property operating expenses | — | 233,711 | 66,167 | — | 299,878 | ||||||||||||
Depreciation | 66,854 | 28,972 | 53,408 | 3,792 | 153,026 | ||||||||||||
General and administrative | — | — | — | 32,657 | 32,657 | ||||||||||||
Acquisition related costs | — | — | — | 3,378 | 3,378 | ||||||||||||
Impairment of assets | 6,685 | — | — | 1,304 | 7,989 | ||||||||||||
| | | | | | | | | | | | | | | | | |
Total expenses | 73,539 | 262,683 | 119,575 | 41,131 | 496,928 | ||||||||||||
| | | | | | | | | | | | | | | | | |
Operating income (loss) | 163,670 | 39,375 | 85,019 | (23,554 | ) | 264,510 | |||||||||||
Interest and other income | — | — | — | 711 | 711 | ||||||||||||
Interest expense | (26,501 | ) | (12,217 | ) | (5,466 | ) | (73,635 | ) | (117,819 | ) | |||||||
Loss on early extinguishment of debt | — | — | — | (797 | ) | (797 | ) | ||||||||||
| | | | | | | | | | | | | | | | | |
Income (loss) before income tax expense and equity in earnings of an investee | 137,169 | 27,158 | 79,553 | (97,275 | ) | 146,605 | |||||||||||
Income tax expense | — | — | — | (600 | ) | (600 | ) | ||||||||||
Equity in earnings of an investee | — | — | — | 334 | 334 | ||||||||||||
| | | | | | | | | | | | | | | | | |
Income (loss) from continuing operations | 137,169 | 27,158 | 79,553 | (97,541 | ) | 146,339 | |||||||||||
Discontinued Operations: | |||||||||||||||||
Income from discontinued operations | — | — | 5,043 | — | 5,043 | ||||||||||||
Impairment of assets from discontinued operations | — | — | (37,610 | ) | — | (37,610 | ) | ||||||||||
| | | | | | | | | | | | | | | | | |
Income before gain on sale of properties | 137,169 | 27,158 | 46,986 | (97,541 | ) | 113,772 | |||||||||||
Gain on sale of properties | 37,392 | — | — | — | 37,392 | ||||||||||||
| | | | | | | | | | | | | | | | | |
Net income (loss) | $ | 174,561 | $ | 27,158 | $ | 46,986 | $ | (97,541 | ) | $ | 151,164 | ||||||
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Total assets | $ | 1,778,591 | $ | 979,152 | $ | 1,727,497 | $ | 279,426 | $ | 4,764,666 | |||||||
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
For the Year Ended December 31, 2012 | |||||||||||||||||
Triple Net | Managed | MOBs | All Other | Consolidated | |||||||||||||
Senior Living | Senior Living | Operations | |||||||||||||||
Communities | Communities | ||||||||||||||||
Revenues: | |||||||||||||||||
Rental income | $ | 246,948 | $ | — | $ | 186,065 | $ | 17,756 | $ | 450,769 | |||||||
Residents fees and services | — | 184,031 | — | — | 184,031 | ||||||||||||
| | | | | | | | | | | | | | | | | |
Total revenues | 246,948 | 184,031 | 186,065 | 17,756 | 634,800 | ||||||||||||
Expenses: | |||||||||||||||||
Property operating expenses | — | 138,819 | 58,877 | — | 197,696 | ||||||||||||
Depreciation | 68,419 | 19,437 | 47,394 | 3,792 | 139,042 | ||||||||||||
General and administrative | — | — | — | 31,517 | 31,517 | ||||||||||||
Acquisition related costs | — | — | — | 9,394 | 9,394 | ||||||||||||
Impairment of assets | — | — | 3,071 | — | 3,071 | ||||||||||||
| | | | | | | | | | | | | | | | | |
Total expenses | 68,419 | 158,256 | 109,342 | 44,703 | 380,720 | ||||||||||||
| | | | | | | | | | | | | | | | | |
Operating income (loss) | 178,529 | 25,775 | 76,723 | (26,947 | ) | 254,080 | |||||||||||
Interest and other income | — | — | — | 1,117 | 1,117 | ||||||||||||
Interest expense | (35,530 | ) | (11,769 | ) | (3,255 | ) | (66,686 | ) | (117,240 | ) | |||||||
Loss on early extinguishment of debt | — | — | — | (6,349 | ) | (6,349 | ) | ||||||||||
Gain on lease terminations | 375 | — | — | — | 375 | ||||||||||||
| | | | | | | | | | | | | | | | | |
Income (loss) before income tax expense and equity in earnings of an investee | 143,374 | 14,006 | 73,468 | (98,865 | ) | 131,983 | |||||||||||
Income tax expense | — | — | — | (375 | ) | (375 | ) | ||||||||||
Equity in earnings of an investee | — | — | — | 316 | 316 | ||||||||||||
| | | | | | | | | | | | | | | | | |
Income (loss) from continuing operations | 143,374 | 14,006 | 73,468 | (98,924 | ) | 131,924 | |||||||||||
Discontinued Operations: | |||||||||||||||||
Income from discontinued operations | — | — | 4,061 | — | 4,061 | ||||||||||||
| | | | | | | | | | | | | | | | | |
Income before loss on sale of properties | 143,374 | 14,006 | 77,529 | (98,924 | ) | 135,985 | |||||||||||
Loss on sale of properties | — | — | (101 | ) | — | (101 | ) | ||||||||||
| | | | | | | | | | | | | | | | | |
Net income (loss) | $ | 143,374 | $ | 14,006 | $ | 77,428 | $ | (98,924 | ) | $ | 135,884 | ||||||
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Total assets | $ | 1,817,253 | $ | 949,974 | $ | 1,684,434 | $ | 296,341 | $ | 4,748,002 | |||||||
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
For the Year Ended December 31, 2011 | |||||||||||||||||
Triple Net | Managed | MOBs | All Other | Consolidated | |||||||||||||
Senior Living | Senior Living | Operations | |||||||||||||||
Communities | Communities | ||||||||||||||||
Revenues: | |||||||||||||||||
Rental income | $ | 242,652 | $ | — | $ | 151,823 | $ | 17,705 | $ | 412,180 | |||||||
Residents fees and services | — | 27,851 | — | — | 27,851 | ||||||||||||
| | | | | | | | | | | | | | | | | |
Total revenues | 242,652 | 27,851 | 151,823 | 17,705 | 440,031 | ||||||||||||
Expenses: | |||||||||||||||||
Property operating expenses | — | 21,639 | 43,761 | — | 65,400 | ||||||||||||
Depreciation | 68,429 | 2,591 | 36,147 | 3,792 | 110,959 | ||||||||||||
General and administrative | — | — | — | 26,041 | 26,041 | ||||||||||||
Acquisition related costs | — | — | — | 12,239 | 12,239 | ||||||||||||
Impairment of assets | 1,028 | — | 962 | — | 1,990 | ||||||||||||
| | | | | | | | | | | | | | | | | |
Total expenses | 69,457 | 24,230 | 80,870 | 42,072 | 216,629 | ||||||||||||
| | | | | | | | | | | | | | | | | |
Operating income (loss) | 173,195 | 3,621 | 70,953 | (24,367 | ) | 223,402 | |||||||||||
Interest and other income | — | — | — | 1,451 | 1,451 | ||||||||||||
Interest expense | (41,510 | ) | (2,352 | ) | (996 | ) | (53,404 | ) | (98,262 | ) | |||||||
Loss on early extinguishment of debt | — | — | — | (427 | ) | (427 | ) | ||||||||||
| | | | | | | | | | | | | | | | | |
Income (loss) before income tax expense and equity in earnings of an investee | 131,685 | 1,269 | 69,957 | (76,747 | ) | 126,164 | |||||||||||
Income tax expense | — | — | — | (312 | ) | (312 | ) | ||||||||||
Equity in earnings of an investee | — | — | — | 139 | 139 | ||||||||||||
| | | | | | | | | | | | | | | | | |
Income (loss) from continuing operations | 131,685 | 1,269 | 69,957 | (76,920 | ) | 125,991 | |||||||||||
Discontinued Operations: | |||||||||||||||||
Income from discontinued operations | — | — | 4,113 | — | 4,113 | ||||||||||||
| | | | | | | | | | | | | | | | | |
Income before gain on sale of properties | 131,685 | 1,269 | 74,070 | (76,920 | ) | 130,104 | |||||||||||
Gain on sale of properties | 21,236 | — | 79 | — | 21,315 | ||||||||||||
| | | | | | | | | | | | | | | | | |
Net income (loss) | $ | 152,921 | $ | 1,269 | $ | 74,149 | $ | (76,920 | ) | $ | 151,419 | ||||||
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Total assets | $ | 1,818,469 | $ | 643,063 | $ | 1,487,364 | $ | 434,152 | $ | 4,383,048 | |||||||
| | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | |
Income_Taxes_Tables
Income Taxes (Tables) | 12 Months Ended | ||||||||||
Dec. 31, 2013 | |||||||||||
Income Taxes | ' | ||||||||||
Schedule of components of provision for income taxes | ' | ||||||||||
For the year ended December 31, | |||||||||||
2013 | 2012 | 2011 | |||||||||
Current: | |||||||||||
Federal | $ | — | $ | — | $ | — | |||||
State | 600 | 375 | 312 | ||||||||
| | | | | | | | | | | |
600 | 375 | 312 | |||||||||
| | | | | | | | | | | |
Deferred: | |||||||||||
Federal | — | — | — | ||||||||
State | — | — | — | ||||||||
| | | | | | | | | | | |
— | — | — | |||||||||
| | | | | | | | | | | |
Income tax provision | $ | 600 | $ | 375 | $ | 312 | |||||
| | | | | | | | | | | |
| | | | | | | | | | | |
Schedule of reconciliation of effective tax rate and the U.S. federal statutory income tax rate | ' | ||||||||||
For the year ended December 31, | |||||||||||
2013 | 2012 | 2011 | |||||||||
Taxes at statutory U.S. federal income tax rate | 35 | % | 35 | % | 35 | % | |||||
Nontaxable income of SNH | (35.0 | )% | (35.0 | )% | (35.0 | )% | |||||
State and local income taxes, net of federal tax benefit | 0.4 | % | 0.3 | % | 0.2 | % | |||||
Change in valuation allowance | 3.5 | % | 2.4 | % | 0.4 | % | |||||
Other differences, net | (3.5 | )% | (2.4 | )% | (0.4 | )% | |||||
| | | | | | | | | | | |
Effective tax rate | 0.4 | % | 0.3 | % | 0.2 | % | |||||
| | | | | | | | | | | |
| | | | | | | | | | | |
Schedule of significant components of our deferred tax assets and liabilities | ' | ||||||||||
For the year ended December 31, | |||||||||||
2013 | 2012 | ||||||||||
Deferred tax assets: | |||||||||||
Deferred revenue | $ | 2,987 | $ | 2,169 | |||||||
Tax loss carryforwards | 7,373 | 1,751 | |||||||||
| | | | | | | | ||||
10,360 | 3,920 | ||||||||||
Valuation allowance | (10,203 | ) | (3,814 | ) | |||||||
| | | | | | | | ||||
157 | 106 | ||||||||||
| | | | | | | | ||||
Deferred tax liabilities: | |||||||||||
Depreciable assets | (157 | ) | (106 | ) | |||||||
| | | | | | | | ||||
— | — | ||||||||||
| | | | | | | | ||||
Net deferred income taxes | $ | — | $ | — | |||||||
| | | | | | | | ||||
| | | | | | | | ||||
Selected_Quarterly_Financial_D1
Selected Quarterly Financial Data (unaudited) (Tables) | 12 Months Ended | |||||||||||||
Dec. 31, 2013 | ||||||||||||||
Selected Quarterly Financial Data (unaudited) | ' | |||||||||||||
Selected Quarterly Financial Data (unaudited) | ' | |||||||||||||
2013 | ||||||||||||||
First | Second | Third | Fourth | |||||||||||
Quarter | Quarter | Quarter | Quarter | |||||||||||
Revenues | $ | 186,909 | $ | 186,928 | $ | 187,265 | $ | 200,336 | ||||||
Net income(1) | 35,235 | 5,598 | 38,125 | 72,206 | ||||||||||
Per share data: | ||||||||||||||
Net income | $ | 0.19 | $ | 0.03 | $ | 0.2 | $ | 0.38 | ||||||
Common distributions declared(2) | $ | 0.39 | $ | 0.39 | $ | 0.39 | $ | 0.39 | ||||||
2012 | ||||||||||||||
First | Second | Third | Fourth | |||||||||||
Quarter | Quarter | Quarter | Quarter | |||||||||||
Revenues | $ | 142,596 | $ | 144,393 | $ | 156,108 | $ | 191,703 | ||||||
Net income | 32,352 | 33,251 | 25,646 | 44,636 | ||||||||||
Per share data: | ||||||||||||||
Net income | $ | 0.2 | $ | 0.2 | $ | 0.15 | $ | 0.25 | ||||||
Common distributions declared(2) | $ | 0.38 | $ | 0.38 | $ | 0.39 | $ | 0.39 | ||||||
-1 | ||||||||||||||
In the second quarter, we recorded impairment charges of $32,267. On December 31, 2013, we sold our two rehabilitation hospitals for a gain of $36,251. | ||||||||||||||
-2 | ||||||||||||||
Amounts represent distributions declared with respect to the periods shown. Distributions are generally paid in the quarterly period following the quarterly period to which they relate. | ||||||||||||||
Pro_Forma_Information_unaudite1
Pro Forma Information (unaudited) (Tables) | 12 Months Ended | |||||||
Dec. 31, 2013 | ||||||||
Pro Forma Information (unaudited) | ' | |||||||
Schedule of pro forma results of operations | ' | |||||||
For the Year Ended | ||||||||
December 31, | ||||||||
2013 | 2012 | |||||||
Total revenues | $ | 766,263 | $ | 696,806 | ||||
Net income | $ | 113,150 | $ | 179,804 | ||||
Per common share data: | ||||||||
Net income | $ | 0.6 | $ | 0.96 |
Organization_Details
Organization (Details) | Dec. 31, 2013 |
state | |
building | |
property | |
Organization | ' |
Number of properties owned | 375 |
Number of buildings owned | 401 |
Number of states in which properties are located | 40 |
Summary_of_Significant_Account2
Summary of Significant Accounting Policies (Details) | 12 Months Ended |
Dec. 31, 2013 | |
Basis of Presentation | ' |
Ownership interest in subsidiaries (as a percent) | 100.00% |
Buildings and improvements | ' |
Real Estate Properties | ' |
Estimated useful lives | '40 years |
Buildings and improvements | Maximum | ' |
Real Estate Properties | ' |
Estimated useful lives | '40 years |
Personal property | Maximum | ' |
Real Estate Properties | ' |
Estimated useful lives | '12 years |
Summary_of_Significant_Account3
Summary of Significant Accounting Policies (Details 2) (USD $) | 12 Months Ended | |
In Thousands, except Share data, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 |
Investment in available for sale securities | ' | ' |
Fair value of the investments in available for sale securities | $29,078 | $25,177 |
CommonWealth REIT (CWH) | ' | ' |
Investment in available for sale securities | ' | ' |
Investment in common shares | 250,000 | ' |
Percentage of common shares owned | 0.20% | ' |
Weighted average quoted market prices (in dollars per share) | $23.31 | $26 |
Fair value of the investments in available for sale securities | 5,828 | 3,960 |
Unrealized loss | 673 | 2,540 |
Five Star | ' | ' |
Investment in available for sale securities | ' | ' |
Investment in common shares | 4,235,000 | ' |
Percentage of common shares owned | 8.70% | ' |
Weighted average quoted market prices (in dollars per share) | $5.49 | $3.36 |
Fair value of the investments in available for sale securities | 23,250 | 21,217 |
Unrealized gain | $9,036 | $7,003 |
Summary_of_Significant_Account4
Summary of Significant Accounting Policies (Details 3) (AIC) | Dec. 31, 2013 |
item | |
AIC | ' |
Equity method investments | ' |
Number of other companies which are shareholders of equity method investee | 7 |
Equity method investments, ownership percentage | 12.50% |
The entity owns less than this percentage of an equity method investment | 20.00% |
Summary_of_Significant_Account5
Summary of Significant Accounting Policies (Details 4) (USD $) | 12 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | 1 Months Ended | |||||||||||||||
In Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2011 | Dec. 31, 2013 | Dec. 31, 2012 | Jul. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Aug. 31, 2009 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Jun. 30, 2011 | Aug. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2011 |
Senior unsecured notes 6.75% | Senior unsecured notes 6.75% | Senior unsecured notes 6.75% | Senior unsecured notes 6.75% | Mortgage financing closed in August 2009 | Mortgage financing closed in August 2009 | Mortgage financing closed in August 2009 | Previous unsecured revolving credit facility | Previous unsecured revolving credit facility | Previous unsecured revolving credit facility | Unsecured revolving credit facility | Unsecured revolving credit facility | Mortgages | Mortgages | Mortgages | Mortgages | Senior unsecured notes 7.875% | ||||
DEFERRED FINANCING FEES | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Issuance costs capitalized | $3,326 | $12,608 | $13,760 | $2,487 | ' | $44 | $11,439 | ' | $37 | ' | ' | ' | ' | $3,078 | $6,723 | ' | $248 | $1,125 | $2,540 | $1,973 |
Principal amount of debt | ' | ' | ' | ' | 200,000 | 200,000 | 350,000 | ' | ' | 512,934 | ' | ' | ' | ' | ' | ' | ' | ' | ' | 250,000 |
Early repayment of debt variable portion | ' | ' | ' | ' | ' | ' | ' | 199,197 | ' | ' | ' | ' | ' | ' | ' | 199,197 | ' | ' | ' | ' |
Deferred financing fees and unamortized discounts written off | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 538 | 3,897 | 427 | ' | ' | ' | ' | ' | ' | ' |
Unamortized gross balance of deferred financing fees | 42,797 | 39,471 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Accumulated amortization related to deferred financing fees | 14,822 | 10,061 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Weighted average amortization period of deferred financing fees | '14 years 2 months 12 days | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt sold | ' | ' | ' | 300,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Amortization of deferred financing fees | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Amortization expense in 2014 | 4,555 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Amortization expense in 2015 | 4,279 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Amortization expense in 2016 | 3,636 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Amortization expense in 2017 | 3,148 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Amortization expense in 2018 | 1,795 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Amortization expense thereafter | $10,562 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Summary_of_Significant_Account6
Summary of Significant Accounting Policies (Details 5) (USD $) | 12 Months Ended | 0 Months Ended | 1 Months Ended | 12 Months Ended | ||||
In Thousands, except Share data, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | 31-May-11 | Dec. 31, 2013 |
item | Senior living communities | Senior living communities | Senior living communities | Senior living communities | Senior living communities | |||
Five Star | Five Star | Five Star | ||||||
property | property | property | ||||||
item | item | |||||||
DEFERRED LEASING COSTS | ' | ' | ' | ' | ' | ' | ' | ' |
Unamortized gross balance of deferred leasing costs | $10,542 | $6,917 | ' | ' | ' | ' | ' | ' |
Accumulated amortization | 2,687 | 1,793 | ' | ' | ' | ' | ' | ' |
Weighted average amortization period for deferred leasing cost | '6 years 9 months 18 days | ' | ' | ' | ' | ' | ' | ' |
Expected amortization expense for the five years | ' | ' | ' | ' | ' | ' | ' | ' |
Expected amortization expense, 2014 | 1,516 | ' | ' | ' | ' | ' | ' | ' |
Expected amortization expense, 2015 | 1,386 | ' | ' | ' | ' | ' | ' | ' |
Expected amortization expense, 2016 | 1,197 | ' | ' | ' | ' | ' | ' | ' |
Expected amortization expense, 2017 | 930 | ' | ' | ' | ' | ' | ' | ' |
Expected amortization expense, 2018 | 804 | ' | ' | ' | ' | ' | ' | ' |
Expected amortization expense, thereafter | 2,021 | ' | ' | ' | ' | ' | ' | ' |
Revenue Recognition | ' | ' | ' | ' | ' | ' | ' | ' |
Percentage rents earned | 9,226 | 10,859 | 11,313 | ' | ' | ' | ' | ' |
Number of properties acquired or agreed to be acquired | ' | ' | ' | ' | ' | ' | 6 | 44 |
Number of properties acquired, referred to as managed properties | ' | ' | ' | ' | ' | 44 | ' | 44 |
Number of real estate properties leased | ' | ' | ' | ' | ' | 187 | ' | 187 |
Additional returns | ' | ' | ' | $0 | $0 | ' | ' | ' |
EARNINGS PER COMMON SHARE | ' | ' | ' | ' | ' | ' | ' | ' |
Common share equivalents, instruments convertible into common shares or other dilutive instruments (in shares) | 0 | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting | ' | ' | ' | ' | ' | ' | ' | ' |
Number of operating segments | 4 | ' | ' | ' | ' | ' | ' | ' |
Number of reportable operating segments | 3 | ' | ' | ' | ' | ' | ' | ' |
Real_Estate_Properties_Details
Real Estate Properties (Details) (USD $) | 3 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | 1 Months Ended | 12 Months Ended | 12 Months Ended | 0 Months Ended | 1 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | 1 Months Ended | 12 Months Ended | 1 Months Ended | 12 Months Ended | 5 Months Ended | 1 Months Ended | 5 Months Ended | 0 Months Ended | 5 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | 1 Months Ended | 1 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In Thousands, unless otherwise specified | Jun. 30, 2013 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Aug. 31, 2013 | 31-May-11 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2012 | Jan. 31, 2013 | Jul. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Oct. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | 31-May-12 | Dec. 31, 2013 | 31-May-12 | Dec. 31, 2013 | Aug. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Jan. 31, 2013 | Feb. 28, 2013 | Jan. 31, 2013 | Feb. 28, 2013 | Jan. 31, 2013 | Feb. 28, 2013 | Jan. 31, 2013 | Aug. 31, 2013 | 31-May-12 | Aug. 31, 2013 | 31-May-12 | Aug. 31, 2013 | 31-May-12 | 31-May-12 | Aug. 31, 2013 | 31-May-12 | 31-May-12 | Aug. 31, 2013 | Jul. 31, 2012 | Oct. 31, 2013 | Jul. 31, 2012 | Oct. 31, 2013 | Jul. 31, 2012 | Oct. 31, 2013 | Jul. 31, 2012 | Oct. 31, 2013 | Nov. 30, 2013 | Nov. 30, 2013 | Nov. 30, 2013 | Nov. 30, 2013 | Nov. 30, 2013 | Feb. 29, 2012 | Feb. 29, 2012 | Feb. 29, 2012 | Feb. 29, 2012 | Jul. 31, 2012 | 31-May-12 | Jul. 31, 2012 | 31-May-12 | Jul. 31, 2012 | 31-May-12 | Jul. 31, 2012 | 31-May-12 | Aug. 31, 2012 | Dec. 31, 2013 | Aug. 31, 2012 | Aug. 31, 2012 | Aug. 31, 2012 | Aug. 31, 2012 | Aug. 31, 2012 | Aug. 31, 2012 | Aug. 31, 2012 | Dec. 31, 2012 | Nov. 30, 2012 | Dec. 31, 2012 | Nov. 30, 2012 | Dec. 31, 2012 | Nov. 30, 2012 | Dec. 31, 2012 | Jan. 31, 2014 | Dec. 31, 2012 | Dec. 31, 2012 | Jul. 31, 2012 | Jan. 31, 2014 | Dec. 31, 2012 | Dec. 31, 2012 | Jul. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2012 | Jul. 31, 2012 | Dec. 31, 2012 | Mar. 31, 2013 | Mar. 31, 2013 | Mar. 31, 2013 | Aug. 31, 2013 | Sep. 30, 2012 | Feb. 28, 2014 | Jul. 31, 2012 | Aug. 31, 2013 | Sep. 30, 2012 | Aug. 31, 2013 | Sep. 30, 2012 | Dec. 31, 2013 | Jul. 31, 2012 | Dec. 31, 2013 | Jul. 31, 2012 | Dec. 31, 2013 | Jul. 31, 2012 | Jun. 30, 2012 | Jun. 30, 2012 | Jun. 30, 2012 | Jun. 30, 2012 | Jun. 30, 2012 | Jun. 30, 2012 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2012 |
sqft | item | item | Above market lease | Above market lease | In-place lease intangibles | In-place lease intangibles | Below market lease | Below market lease | Five Star | Five Star | Five Star | Five Star | MOB | MOB | MOB | Senior living communities | Senior living communities | Senior living communities | Senior living communities | Senior living communities | Senior living communities | Senior living communities | Senior living communities | Skilled nursing facility | Rehabilitation hospitals | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | Operations Transfer Agreement | Operations Transfer Agreement | Operations Transfer Agreement | Operations Transfer Agreement | Operations Transfer Agreement | Sale | Sale | Sale | Sale | Sale | Properties acquired in 2012 | Properties acquired in 2013 | Land | Land | Land | Land | Land | Land | Land | Land | Buildings and improvements | Buildings and improvements | Buildings and improvements | Buildings and improvements | Buildings and improvements | Buildings and improvements | Buildings and improvements | Buildings and improvements | Furniture, fixtures and equipment | Furniture, fixtures and equipment | Furniture, fixtures and equipment | Furniture, fixtures and equipment | Furniture, fixtures and equipment | Furniture, fixtures and equipment | WA | WA | WA | WA | WA | WA | WA | GA | GA | GA | GA | GA | GA | GA | GA | GA | GA | GA | Various | Various | Various | Various | Various | Various | Various | Various | WI | WI | WI | WI | WI | Alabama | Alabama | Alabama | Alabama | South Carolina | South Carolina | South Carolina | South Carolina | South Carolina | South Carolina | South Carolina | South Carolina | New York | New York | New York | New York | New York | Missouri | Missouri | Missouri | Missouri | Tennessee | Tennessee | Tennessee | Tennessee | Tennessee | Tennessee | Tennessee | Texas | Texas | Texas | Texas | Texas | Texas | Texas | Texas | Texas | Texas | Texas | Texas | MS | MS | MS | MA | MA | MA | MA | MA | MA | MA | MA | FL | FL | FL | FL | FL | FL | Hawaii | Hawaii | Hawaii | Maryland | Maryland | Maryland | Minnesota | Minnesota | Minnesota | Colorado | Colorado | Colorado | ||
item | building | property | item | item | Five Star | Sunrise Senior Living, Inc. | Five Star | Five Star | Five Star | Five Star | property | Five Star | Triple Net Senior Living Communities | Triple Net Senior Living Communities | Triple Net Senior Living Communities | Triple Net Senior Living Communities | Managed Senior Living Communities | Managed Senior Living Communities | MOB | MOB | Senior living communities | Senior living communities | Senior living communities | TRS | Sunrise Senior Living, Inc. | Five Star | Senior living communities | Senior living communities | property | Senior living communities | Skilled nursing facility | Rehabilitation hospitals | Rehabilitation hospitals | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | Land | Land | Buildings and improvements | Buildings and improvements | Furniture, fixtures and equipment | Acquisition | Acquisition | Acquisition | Additional acquisition | Land | Land | Land | Buildings and improvements | Buildings and improvements | Buildings and improvements | Furniture, fixtures and equipment | Acquisition | Acquisition | Land | Land | Buildings and improvements | Buildings and improvements | Furniture, fixtures and equipment | Furniture, fixtures and equipment | Acquisition | Acquisition | Land | Buildings and improvements | Furniture, fixtures and equipment | Acquisition | Land | Buildings and improvements | Furniture, fixtures and equipment | Acquisition | Acquisition | Land | Land | Buildings and improvements | Buildings and improvements | Furniture, fixtures and equipment | Furniture, fixtures and equipment | Acquisition | Acquisition | Land | Buildings and improvements | Furniture, fixtures and equipment | Acquisition | Land | Buildings and improvements | Furniture, fixtures and equipment | Acquisition | Acquisition | Land | Land | Buildings and improvements | Buildings and improvements | Furniture, fixtures and equipment | Senior living communities | Acquisition | Acquisition | Acquisition | Sale | Land | Land | Land | Buildings and improvements | Buildings and improvements | Buildings and improvements | Furniture, fixtures and equipment | Acquisition | Land | Buildings and improvements | Acquisition | Acquisition | Agreement to acquire | Sale | Land | Land | Buildings and improvements | Buildings and improvements | Acquisition | Acquisition | Land | Land | Buildings and improvements | Buildings and improvements | Acquisition | Land | Buildings and improvements | Acquisition | Land | Buildings and improvements | Acquisition | Land | Buildings and improvements | Acquisition | Land | Buildings and improvements | |||||||||||||||||||||||
building | property | building | property | property | property | property | property | item | property | property | Stellar Senior Living, LLC | Stellar Senior Living, LLC | property | property | building | building | property | property | Five Star | item | item | TRS | Sunrise Senior Living, Inc. | Sunrise Senior Living, Inc. | Five Star | property | property | property | Triple Net Senior Living Communities | Triple Net Senior Living Communities | Managed Senior Living Communities | Managed Senior Living Communities | MOB | MOB | Triple Net Senior Living Communities | Triple Net Senior Living Communities | Managed Senior Living Communities | Managed Senior Living Communities | MOB | MOB | Triple Net Senior Living Communities | Triple Net Senior Living Communities | Managed Senior Living Communities | Managed Senior Living Communities | Triple Net Senior Living Communities | MOB | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | Managed Senior Living Communities | MOB | Senior living communities | MOB | Acquisition | Acquisition | Additional acquisition | Acquisition | Acquisition | Additional acquisition | Acquisition | Triple Net Senior Living Communities | Managed Senior Living Communities | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | Managed Senior Living Communities | Senior living communities | Acquisition | Acquisition | Acquisition | Managed Senior Living Communities | Acquisition | Acquisition | Acquisition | Managed Senior Living Communities | Managed Senior Living Communities | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | Managed Senior Living Communities | Senior living communities | Acquisition | Acquisition | Acquisition | Managed Senior Living Communities | Acquisition | Acquisition | Acquisition | Managed Senior Living Communities | MOB | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | Five Star | Managed Senior Living Communities | MOB | MOB | Senior living communities | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | MOB | Acquisition | Acquisition | MOB | MOB | MOB | MOB | Acquisition | Acquisition | Acquisition | Acquisition | MOB | MOB | Acquisition | Acquisition | Acquisition | Acquisition | MOB | Acquisition | Acquisition | MOB | Acquisition | Acquisition | MOB | Acquisition | Acquisition | MOB | Acquisition | Acquisition | ||||||||||||||||||||||||||||
property | sqft | item | item | item | item | item | item | property | property | item | item | item | item | property | property | Triple Net Senior Living Communities | MOB | Triple Net Senior Living Communities | MOB | Triple Net Senior Living Communities | property | property | Five Star | property | Managed Senior Living Communities | MOB | MOB | Managed Senior Living Communities | MOB | MOB | Managed Senior Living Communities | property | property | Triple Net Senior Living Communities | Managed Senior Living Communities | Triple Net Senior Living Communities | Managed Senior Living Communities | Triple Net Senior Living Communities | Managed Senior Living Communities | property | Five Star | Managed Senior Living Communities | Managed Senior Living Communities | Managed Senior Living Communities | property | Managed Senior Living Communities | Managed Senior Living Communities | Managed Senior Living Communities | property | property | Managed Senior Living Communities | Managed Senior Living Communities | Managed Senior Living Communities | Managed Senior Living Communities | Managed Senior Living Communities | Managed Senior Living Communities | property | Five Star | Managed Senior Living Communities | Managed Senior Living Communities | Managed Senior Living Communities | property | Managed Senior Living Communities | Managed Senior Living Communities | Managed Senior Living Communities | property | property | Managed Senior Living Communities | MOB | Managed Senior Living Communities | MOB | Managed Senior Living Communities | property | property | property | Five Star | Managed Senior Living Communities | MOB | MOB | Managed Senior Living Communities | MOB | MOB | Managed Senior Living Communities | property | MOB | MOB | property | property | property | building | MOB | MOB | MOB | MOB | property | property | MOB | MOB | MOB | MOB | property | MOB | MOB | property | MOB | MOB | property | MOB | MOB | property | MOB | MOB | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sqft | sqft | item | sqft | item | sqft | item | sqft | item | item | item | item | item | item | item | item | item | item | item | sqft | item | sqft | sqft | property | sqft | sqft | sqft | building | item | sqft | sqft | sqft | sqft | sqft | sqft | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Real Estate Properties | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Real estate properties, at cost | ' | $5,263,625 | $5,019,615 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $623,756 | $599,313 | ' | ' | ' | ' | ' | ' | $4,423,517 | $4,222,832 | ' | ' | ' | ' | ' | ' | $216,352 | $197,470 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Accumulated depreciation | ' | 840,760 | 714,687 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 723,258 | 615,001 | ' | ' | ' | ' | ' | ' | 117,502 | 99,686 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of properties acquired or agreed to be acquired | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1 | ' | ' | ' | ' | ' | ' | ' | 6 | 44 | ' | ' | 1 | 4 | ' | ' | 5 | 7 | 6 | 12 | 6 | 11 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1 | 1 | ' | ' | ' | ' | ' | 1 | 1 | ' | 1 | ' | ' | ' | ' | ' | ' | ' | 4 | 3 | ' | ' | ' | ' | ' | ' | 1 | ' | ' | ' | ' | 1 | ' | ' | ' | 1 | 1 | ' | ' | ' | ' | ' | ' | 1 | ' | ' | ' | ' | 1 | ' | ' | ' | 1 | 1 | ' | ' | ' | ' | ' | ' | 1 | 2 | 1 | ' | ' | ' | ' | ' | ' | ' | ' | 1 | ' | ' | 1 | 1 | 1 | ' | ' | ' | ' | ' | 3 | 1 | ' | ' | ' | ' | 1 | ' | ' | 1 | ' | ' | 1 | ' | ' | 1 | ' | ' |
Number of buildings acquired | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 7 | 13 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of living units | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 744 | 120 | ' | ' | ' | ' | ' | ' | ' | ' | 150 | 511 | ' | ' | 374 | 948 | ' | ' | ' | ' | 213 | ' | ' | ' | ' | ' | ' | 112 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 150 | ' | ' | ' | ' | ' | ' | 93 | ' | 93 | ' | ' | ' | ' | ' | ' | ' | ' | 511 | 213 | ' | ' | ' | ' | ' | ' | 68 | 68 | ' | ' | ' | 92 | ' | ' | ' | 232 | 59 | ' | ' | ' | ' | ' | ' | 310 | 310 | ' | ' | ' | 87 | ' | ' | ' | 90 | ' | ' | ' | ' | ' | ' | ' | 78 | ' | ' | 36 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cash Paid plus Assumed Debt, excluding closing costs | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 202,824 | 449,657 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 22,350 | 36,500 | ' | ' | 62,999 | 187,462 | 117,475 | 225,695 | ' | ' | 29,004 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 22,350 | 38,000 | ' | ' | ' | ' | ' | 22,030 | 8,600 | 22,030 | 23,100 | ' | ' | ' | ' | ' | ' | ' | 36,500 | 29,004 | ' | ' | ' | ' | ' | ' | 11,965 | 11,965 | ' | ' | ' | 11,300 | ' | ' | ' | 37,273 | 8,059 | ' | ' | ' | ' | ' | ' | 99,000 | ' | ' | ' | ' | 11,280 | ' | ' | ' | 11,550 | 9,200 | ' | ' | ' | ' | ' | ' | 9,000 | 23,550 | 16,850 | ' | ' | ' | ' | ' | ' | ' | ' | 14,600 | ' | ' | 49,500 | 16,400 | 1,125,420 | ' | ' | ' | ' | ' | 15,375 | 7,750 | ' | ' | ' | ' | 70,495 | ' | ' | 18,250 | ' | ' | 15,100 | ' | ' | 16,400 | ' | ' |
Assumption of mortgage notes payable | ' | 12,266 | 121,793 | 217,317 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 12,266 | 6,876 | ' | ' | ' | 41,814 | ' | 73,103 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 12,266 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 6,876 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 4,789 | ' | ' | ' | ' | ' | ' | 31,187 | ' | ' | ' | ' | 5,838 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 11,462 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 52,000 | ' | ' | ' | ' | ' | 9,641 | ' | ' | ' | ' | ' |
Premium on Assumed Debt | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,040 | 628 | ' | ' | ' | 3,439 | ' | 1,862 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,040 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 628 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2,747 | ' | ' | ' | ' | 692 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,008 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 854 | ' | ' | ' | ' | ' |
Intangible assets recorded related to acquisition | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,039 | 1,900 | ' | ' | 4,075 | 6,626 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,039 | ' | ' | ' | ' | ' | ' | 1,013 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,900 | 2,289 | ' | ' | ' | ' | ' | ' | 773 | ' | ' | ' | ' | 583 | ' | ' | ' | 1,762 | 362 | ' | ' | ' | ' | ' | ' | 2,726 | ' | ' | ' | ' | 330 | ' | ' | ' | 428 | ' | ' | ' | ' | ' | ' | ' | 435 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Area of real estate properties acquired (in square feet) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 385,171 | 839,194 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 144,900 | ' | ' | ' | ' | ' | ' | 28,440 | ' | 111,538 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 33,796 | ' | ' | ' | ' | ' | ' | ' | 80,216 | 63,082 | ' | ' | ' | ' | ' | ' | ' | ' | 71,983 | ' | ' | 105,462 | 33,600 | 1,651,037 | 18,900 | ' | ' | ' | ' | 62,826 | 52,858 | ' | ' | ' | ' | 204,429 | ' | ' | 92,180 | ' | ' | 76,637 | ' | ' | 62,418 | ' | ' |
Intangible lease assets recorded | ' | 166,247 | 161,419 | ' | 44,279 | 45,290 | 121,968 | 116,129 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 10,012 | 32,684 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 41,764 | 17,131 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 6,736 | ' | ' | ' | ' | ' | ' | 1,392 | ' | 6,421 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,132 | ' | ' | ' | ' | ' | ' | ' | 4,006 | 1,973 | ' | ' | ' | ' | ' | ' | ' | ' | 1,498 | ' | ' | ' | 1,812 | ' | ' | ' | ' | ' | ' | 1,778 | 789 | ' | ' | ' | ' | 4,306 | ' | ' | 3,570 | ' | ' | 4,087 | ' | ' | 3,196 | ' | ' |
Intangible lease liabilities recorded | ' | 22,170 | 21,978 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2,271 | 971 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 971 | 2,271 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,588 | ' | ' | ' | ' | ' | ' | 10 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 50 | ' | ' | ' | ' | ' | ' | ' | 11 | ' | ' | ' | ' | ' | ' | ' | ' | ' | 683 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 629 | ' | ' | 78 | ' | ' | 183 | ' | ' | 10 | ' | ' |
Property plant and equipment recorded | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 5,120 | 4,100 | 5,155 | 17,250 | 13,899 | 30,588 | ' | ' | 16,562 | 29,728 | 52,155 | 161,369 | 95,835 | 165,256 | ' | ' | 669 | 1,400 | 1,614 | 5,656 | ' | ' | 5,120 | 5,639 | 16,562 | 27,213 | 669 | ' | ' | ' | ' | 1,548 | 1,080 | 3,500 | 18,666 | 6,138 | 13,179 | 803 | ' | ' | 4,100 | 2,242 | 29,728 | 23,861 | 1,400 | 612 | ' | ' | 1,365 | 9,628 | 199 | ' | 1,300 | 9,071 | 346 | ' | ' | 3,898 | 1,092 | 30,670 | 6,405 | 943 | 200 | ' | ' | 8,460 | 87,492 | 3,069 | ' | 260 | 10,852 | 530 | ' | ' | 800 | 1,528 | 10,000 | 6,590 | 322 | ' | ' | ' | ' | ' | 1,440 | 3,116 | 990 | 6,879 | 16,439 | 13,887 | 246 | ' | 1,269 | 12,516 | ' | ' | ' | ' | 4,559 | 1,443 | 44,941 | 14,153 | ' | ' | 2,432 | 1,620 | 11,165 | 5,341 | ' | 11,200 | 55,618 | ' | 1,900 | 12,858 | ' | 2,774 | 9,276 | ' | 1,437 | 11,777 |
Number of properties acquired, referred to as managed properties | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 44 | ' | 44 | ' | ' | 44 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of real estate properties leased | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 187 | ' | ' | 187 | ' | 2 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 10 | ' | ' | ' | 10 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of properties under accelerated lease termination | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 10 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Gain on lease terminations | ' | ' | 375 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 375 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Rental income | ' | 459,380 | 450,769 | 412,180 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of communities under management operations | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 10 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Payments to purchase the inventory and certain improvements owned by Sunrise | ' | 193,303 | 316,769 | 797,113 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Annual lease rent payable | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,732 | 2,920 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Reductions in rental income on capitalized above market and below market lease due to amortization | ' | -3,656 | -1,597 | 93 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Amortization expenses included in depreciation and amortization | ' | 22,718 | 19,340 | 11,318 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Accumulated amortization on lease assets | ' | ' | ' | ' | 16,148 | 13,675 | 46,605 | 31,907 | 9,642 | 8,286 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Weighted average amortization period | ' | ' | ' | ' | '6 years | ' | '5 years 9 months 18 days | ' | '6 years 10 months 24 days | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Impairment of asset charges recorded | 32,267 | 7,989 | 3,071 | 1,990 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,304 | 3,071 | 1,990 | 44,295 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of properties classified as held for sale | ' | 14 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 4 | ' | ' | 10 | 1 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of buildings classified as held for sale | ' | 17 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 7 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Property held for sale (in square feet) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 831,499 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of properties impaired | ' | 11 | 1 | 4 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Real estate properties, held for sale | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 27,888 | 850 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,100 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of properties to be sold | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1 | ' | ' | 1 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3 | ' | 1 | 2 | 2 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Sale price of property sold and agreed to be sold | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 92,550 | 2,550 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2,400 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Gain (loss) on sale of properties | ' | 37,392 | -101 | 21,315 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | -101 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 37,392 | ' | ' | 36,251 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 101 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of buildings sold | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Real estate improvements purchased | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 27,208 | 30,520 | 33,269 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Increase or decrease in annual lease rent payable | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 9,500 | 2,177 | 2,456 | 2,665 | ' | ' | ' | ' | ' | ' | ' | ' | 255 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 210 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Expenditure committed relating to leases | ' | 9,727 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Area of real estate properties leased (in square feet) | ' | 771,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Committed but unspent tenant related obligations | ' | 9,024 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Future minimum lease payments | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
2014 | ' | 407,401 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
2015 | ' | 391,338 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
2016 | ' | 372,131 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
2017 | ' | 329,421 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
2018 | ' | 289,009 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Thereafter | ' | 1,687,867 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Future amortization of intangible lease assets and liabilities | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
2014 | ' | 22,762 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
2015 | ' | 17,964 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
2016 | ' | 15,478 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
2017 | ' | 11,987 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
2018 | ' | 8,393 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Thereafter | ' | $14,384 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Real_Estate_Properties_Details1
Real Estate Properties (Details 2) (USD $) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
property | |||
building | |||
Real estate properties | ' | ' | ' |
Number of properties that met the criteria for discontinued operations | 14 | ' | ' |
Number of buildings that met the criteria for discontinued operations | 17 | ' | ' |
Rental income | $459,380 | $450,769 | $412,180 |
Property operating expenses | -299,878 | -197,696 | -65,400 |
Depreciation and amortization | -153,026 | -139,042 | -110,959 |
Income from discontinued operations | 5,043 | 4,061 | 4,113 |
MOBs | ' | ' | ' |
Real estate properties | ' | ' | ' |
Number of properties that met the criteria for discontinued operations | 4 | ' | ' |
Number of buildings that met the criteria for discontinued operations | 7 | ' | ' |
Discontinued operations, properties sold or held for sale | MOBs | ' | ' | ' |
Real estate properties | ' | ' | ' |
Number of properties that met the criteria for discontinued operations | 4 | ' | ' |
Number of buildings that met the criteria for discontinued operations | 7 | ' | ' |
Rental income | 9,451 | 10,042 | 9,986 |
Property operating expenses | -3,609 | -3,567 | -3,567 |
Depreciation and amortization | -799 | -2,414 | -2,306 |
Income from discontinued operations | $5,043 | $4,061 | $4,113 |
Shareholders_Equity_Details
Shareholders' Equity (Details) (USD $) | 12 Months Ended | ||
In Thousands, except Share data, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Share award plans | ' | ' | ' |
Share-based compensation expense | $1,961 | $1,827 | $1,659 |
Share Award Plans | ' | ' | ' |
Share award plans | ' | ' | ' |
Remaining common shares available for issuance | 2,819,433 | ' | ' |
Number of Shares | ' | ' | ' |
Unvested shares at the beginning of the year | 140,034 | 132,620 | 118,670 |
Shares granted | 92,075 | 87,092 | 82,450 |
Shares vested | -81,398 | -79,678 | -68,500 |
Unvested shares at the end of the year | 150,711 | 140,034 | 132,620 |
Weighted Average Grant Date Fair Value | ' | ' | ' |
Unvested shares at the beginning of the year (in dollars per share) | $23.03 | $22.86 | $21.83 |
Shares granted (in dollars per share) | $23.48 | $22.38 | $23.84 |
Shares vested (in dollars per share) | $23.85 | $22.18 | $23.36 |
Unvested shares at the end of the year (in dollars per share) | $23.84 | $23.03 | $22.86 |
Scheduled to vest unvested shares | ' | ' | ' |
2014 | 57,554 | ' | ' |
2015 | 45,174 | ' | ' |
2016 | 31,533 | ' | ' |
2017 | 16,450 | ' | ' |
Estimated future compensation for the unvested shares | 3,350 | ' | ' |
Closing share price (in dollars per share) | $22.23 | ' | ' |
Weighted average period over which the compensation expense will be recorded | '1 year 6 months | ' | ' |
Share Award Plans | Trustees | ' | ' | ' |
Share award plans | ' | ' | ' |
Common shares awarded | 2,000 | 2,000 | 2,000 |
Aggregate market value of shares awarded | 286 | 205 | 234 |
Market value of shares awarded to each Trustee | 57 | 41 | 47 |
Share Award Plans | RMR | Officers and Employees | ' | ' | ' |
Share award plans | ' | ' | ' |
Common shares awarded | 82,600 | 78,492 | 72,450 |
Aggregate market value of shares awarded | $1,888 | $1,775 | $1,732 |
Award vesting period | '5 years | ' | ' |
Shareholders_Equity_Details_2
Shareholders' Equity (Details 2) (USD $) | 1 Months Ended | 4 Months Ended | 12 Months Ended | ||||||
In Thousands, except Share data, unless otherwise specified | Jan. 31, 2013 | Jul. 31, 2012 | Oct. 31, 2011 | Oct. 31, 2011 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Jan. 13, 2014 | Jan. 03, 2014 |
item | |||||||||
Distributions | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Distribution declared to common shareholders (in dollars per share) | ' | ' | ' | ' | ' | ' | ' | ' | $0.39 |
Distribution declared to common shareholders | ' | ' | ' | ' | ' | ' | ' | $73,385 | ' |
Distribution to common shareholders (in dollars per share) | ' | ' | ' | ' | $1.56 | $1.53 | $1.49 | ' | ' |
Dividend distributions as percentage of ordinary income | ' | ' | ' | ' | 66.19% | 62.65% | 65.64% | ' | ' |
Dividend distributions as percentage of return of capital | ' | ' | ' | ' | 21.30% | 37.35% | 27.48% | ' | ' |
Dividend distributions as percentage of capital gain | ' | ' | ' | ' | 3.10% | 0.00% | 2.59% | ' | ' |
Dividend distributions as percentage of unrecaptured Section 1250 gain | ' | ' | ' | ' | 9.41% | 0.00% | 4.29% | ' | ' |
Common shares issued in public offering | 11,500,000 | 13,800,000 | 9,200,000 | 11,500,000 | ' | ' | ' | ' | ' |
Number of public offerings | ' | ' | ' | 2 | ' | ' | ' | ' | ' |
Net proceeds from issuance of common shares issued in public offering | $262,068 | $287,052 | $184,735 | $247,498 | $261,813 | $287,052 | $432,233 | ' | ' |
Related_Person_Transactions_De
Related Person Transactions (Details) (USD $) | 1 Months Ended | 4 Months Ended | 12 Months Ended | 1 Months Ended | 12 Months Ended | 1 Months Ended | 5 Months Ended | 0 Months Ended | 5 Months Ended | 1 Months Ended | 12 Months Ended | 12 Months Ended | 1 Months Ended | 0 Months Ended | 1 Months Ended | 12 Months Ended | 1 Months Ended | 1 Months Ended | 1 Months Ended | 12 Months Ended | 0 Months Ended | 12 Months Ended | 12 Months Ended | 1 Months Ended | 3 Months Ended | 1 Months Ended | 12 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||
In Thousands, except Share data, unless otherwise specified | Jan. 31, 2013 | Jul. 31, 2012 | Oct. 31, 2011 | Oct. 31, 2011 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Aug. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | 31-May-12 | Nov. 30, 2012 | Dec. 31, 2012 | Jul. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Sep. 30, 2013 | Aug. 31, 2012 | Apr. 30, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | 31-May-11 | Dec. 31, 2013 | Aug. 31, 2012 | Dec. 31, 2013 | Aug. 31, 2013 | 31-May-11 | Dec. 31, 2013 | Jan. 31, 2014 | Dec. 31, 2013 | Oct. 31, 2013 | Oct. 31, 2013 | Aug. 31, 2013 | Nov. 30, 2013 | Dec. 31, 2013 | Oct. 31, 2013 | Aug. 31, 2013 | Jan. 31, 2014 | Dec. 31, 2013 | Jul. 31, 2013 | Mar. 31, 2013 | Mar. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 23, 2013 | Dec. 23, 2013 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2013 | 5-May-08 | Dec. 31, 2008 | Dec. 31, 2008 | Sep. 30, 2011 | Jan. 31, 2011 | Jun. 30, 2013 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
sqft | Mortgages | Mortgages | Senior living communities | Senior living communities | MOBs | MOBs | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | Sale | Sale | Sale | Five Star | Five Star | Five Star | Five Star | Five Star | Five Star | Five Star | Five Star | Five Star | Five Star | Five Star | Five Star | Five Star | Five Star | Five Star | Five Star | Five Star | Five Star | Five Star | Five Star | Five Star | Five Star | Five Star | Five Star | RMR | RMR | RMR | RMR | RMR | RMR | RMR | RMR | RMR | RMR | RMR | RMR | RMR | RMR | RMR | RMR | CWH | CWH | CWH | CWH | CWH | CWH | AIC | AIC | AIC | AIC | |||||||
item | item | item | item | item | property | Senior living communities | Senior living communities | MOBs | MOBs | MOBs | MOBs | MOBs | MOBs | property | Rehabilitation hospitals | Rehabilitation hospitals | item | item | AL Pooling Agreement | IL Pooling Agreement | Senior living communities | Senior living communities | Senior living communities | Senior living communities | Senior living communities | Rehabilitation hospitals | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | Sale | Sale | Purchase Agreement | item | item | Maximum | Maximum | Maximum | Amended Agreement | Amended Agreement | Restricted shares | Restricted shares | Restricted shares | Regional Offices | MOBs | item | MOBs | MOBs | Acquisition | Acquisition | ||||||||||||||||||||||
property | property | property | property | Georgia | Tennessee | Texas | Texas | property | property | item | item | property | property | property | property | Texas | item | Senior living communities | Senior living communities | Senior living communities | Senior living communities | Senior living communities | Senior living communities | Senior living communities | Senior living communities | Rehabilitation hospitals | item | Maximum | property | property | Maximum | MOBs | MOBs | |||||||||||||||||||||||||||||||||||||||||
sqft | sqft | property | property | property | property | item | item | item | Georgia | Georgia | WISCONSIN | New York | Tennessee | item | Texas | property | sqft | property | property | property | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
sqft | sqft | sqft | sqft | item | item | item | item | item | property | sqft | sqft | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
item | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Related person transactions | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Beneficial ownership of common shares (as a percent) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 100.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Investment in common shares | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 4,235,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 250,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Percentage of total shares outstanding | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 8.70% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Minimum percentage of ownership of lessee's voting stock above which the entity has the option to cancel all its rights, minimum | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 9.80% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of real estate properties leased | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 187 | ' | ' | 187 | ' | 2 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Minimum annual rent payable to entity | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $190,134 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total rental income recognized | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 203,724 | 200,912 | 195,409 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Rents receivable | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 17,960 | 17,680 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Real estate improvements purchased | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 27,208 | 30,520 | 33,269 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Increase or decrease in annual lease rent payable | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 9,500 | ' | ' | 2,177 | 2,456 | 2,665 | ' | ' | ' | ' | 255 | ' | ' | 210 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of properties sold or agreed to be sold | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3 | 2 | 2 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1 | 2 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Sale price of properties under agreement to be sold | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 92,550 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2,550 | 2,400 | 90,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of properties agreed to be sold | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 11 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Increase or decrease in annual lease rent payable as a percentage of net proceeds of the sale | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 10.00% | ' | ' | 8.75% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of properties acquired, referred to as managed properties | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 44 | ' | ' | 44 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of living units | ' | ' | ' | ' | ' | ' | ' | ' | ' | 744 | 120 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 213 | ' | 93 | 68 | 310 | ' | 112 | 36 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Management fees as a percentage of gross revenues | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3.00% | ' | ' | ' | ' | ' | 5.00% | ' | ' | 5.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Annual return as a percentage of invested surplus specified as a base for determining incentive fee | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 35.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Incentive fee as percentage of the annual net operating income after the entity realizes an annual return equal to 8% of invested capital | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 8.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of consecutive renewal terms of agreement | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 9 | ' | 2 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Renewal period | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '5 years | ' | '15 years | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Maximum percentage of any class of equity shares that can be acquired without approval | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 9.80% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of combination or pooling agreements | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 4 | ' | ' | ' | 3 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of communities that include assisted living units | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 20 | ' | ' | ' | ' | ' | ' | ' | 3 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of communities that include independent living units | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2 | ' | ' | ' | ' | ' | ' | ' | 2 | ' | ' | ' | 1 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of consecutive period during which the entity must not receive the minimum return for the property management agreement to be subject to the pooling agreement | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '3 years | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Incentive fee earned | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Construction supervision fees payable under property management agreement as a percentage of construction costs | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 5.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Property management agreement expense | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 9,229 | 5,582 | 835 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 6,568 | 5,791 | 4,455 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Aggregate purchase price of properties acquired, excluding closing costs | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 202,824 | 449,657 | ' | ' | 117,475 | 225,695 | 8,600 | 9,200 | 23,550 | 16,850 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 29,004 | ' | 22,030 | 11,965 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 167,000 | 470,000 | ' | ' | ' | ' |
Amount agreed to be lent under Bridge Loan Agreement | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 80,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Interest and other income | ' | ' | ' | ' | 711 | 1,117 | 1,451 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 314 | 593 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Proceeds from repayment of bridge loan | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 38,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Early repayment of debt variable portion | ' | ' | ' | ' | ' | ' | ' | 199,197 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of Properties released from mortgage as collateral | ' | ' | ' | ' | ' | ' | ' | 11 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of properties mortgaged | ' | ' | ' | ' | ' | ' | ' | 28 | 51 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of employees | ' | ' | ' | ' | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of agreements to avail management and administrative services | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of Managing Trustees also serving as managing trustee of Five Star | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Base management fee payable as a percentage of aggregate book value of real estate assets or transferred assets | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.50% | 0.50% | 0.50% | ' | ' | ' | 0.50% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Base management fee payable as a percentage of average historical cost of real estate investments, excluding transferred assets for investments up to specified amount | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.70% | 0.70% | 0.70% | ' | ' | ' | 0.70% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Threshold amount of real estate investments for payment of base management fee | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 250,000 | 250,000 | 250,000 | ' | 250,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Base management fee payable as a percentage of average historical cost of real estate investments, excluding transferred assets for investments exceeding specified amount | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.50% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Threshold amount of other real estate investments for payment of base management fee | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 250,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Base management fee payable as a percentage of average closing price per share of common shares on NYSE | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.70% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Base management fee payable, average market capitalization | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 250,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Base management fee payable as a percentage of average market capitalization exceeding specified amount | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.50% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Threshold amount of average market capitalization for payment of base management fee | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 250,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Base business management fee payable in cash (as a percent) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 90.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Base business management fee payable in common shares (as a percent) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 10.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Incentive management fee payable (as a percent) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 12.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Portion of shares issued in payment of an incentive management fee (as a percent) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 33.33% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Portion of remaining shares to be vested in equal annual installments (as a percent) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 66.67% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of equal annual installments for vesting of common shares | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of times registration right can be exercisable | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Base management fee payable as a percentage of historical cost of other real estate investments, excluding transferred assets for investments after specified amount | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.50% | 0.50% | 0.50% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Percentage of incentive fee payable | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 15.00% | 15.00% | 15.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Business management agreement expense | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 27,013 | 25,372 | 20,814 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Pro rata share of internal audit costs | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 201 | 193 | 240 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Period by which business management agreement and property management agreement get automatically renewed | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '1 year | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Period before which the written notice is required to be given for cancellation of business management agreement and the property management agreement | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '60 days | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of business days before which the notice is required to be given for termination of property management agreement | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '5 days | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Area of real estate properties leased (in square feet) | ' | ' | ' | ' | 771,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 4,100 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of properties agreed to be acquired, or agreed to be acquired, referred as leased properties | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Rental revenue from related party | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 186 | 180 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Awards granted (in shares) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 82,600 | 78,492 | 72,450 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Aggregate value of awards granted during the period | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,888 | 1,775 | 1,732 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Portion of the awards granted that vested on grant date (as a percent) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 20.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Portion of the awards granted which will vest on each of the next four anniversaries of the grant date | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 20.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Award vesting period | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '4 years | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of Independent Trustees also serving as independent trustee of CWH | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1 | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Minimum percentage of common stock required by transaction agreement | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 10.00% | ' | ' | ' | ' | ' | ' | ' | ' |
Number of properties agreed to be acquired | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 45 | ' | ' | ' | ' | ' | ' | ' |
Number of properties granted to be acquired under right of first refusal | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 45 | ' | ' | ' | ' | ' | ' |
Number of properties agreed to be acquired, referred as leased properties | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 13 | 27 | ' | ' | ' | ' |
Area of real estate properties acquired (in square feet) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 385,171 | 839,194 | 28,440 | 33,796 | 80,216 | 63,082 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,310,000 | 2,803,000 | ' | ' | ' | ' |
Number of properties acquired or agreed to be acquired | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1 | 6 | 11 | 6 | 12 | 1 | 1 | 2 | 1 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 6 | 44 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of other shareholders in the equity method investee company | ' | ' | ' | ' | 4 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Ownership percentage held by us, RMR, Five Star, CWH and four other companies | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 12.50% | ' | ' |
The entity owns less than this percentage of an equity method investment | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 20.00% | ' | ' |
Amount invested in equity investee | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 5,209 | ' | ' |
Equity method investments, carrying value | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 5,913 | 5,629 | ' |
Earnings and losses recognized arising from equity investments | ' | ' | ' | ' | 334 | 316 | 139 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 334 | 316 | 139 |
Period for which property insurance program was extended | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '1 year | ' | ' | ' |
Coverage of property insurance | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 500,000 | ' | ' | ' |
Total premiums including taxes and fees | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 4,748 | ' | 4,438 | 1,600 |
Incentive fee payable | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of entities to which RMR provides management services | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3 | ' | ' | 4 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Aggregate coverage of combined directors' and officers' liability insurance policy purchased by the related party | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 10,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Aggregate coverage of separate directors' and officers' liability insurance policy purchased | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 5,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Premium paid for combined and separate directors' and officers' liability insurance policy | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $343 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Issuance of shares (in shares) | 11,500,000 | 13,800,000 | 9,200,000 | 11,500,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 21,968 | 20,462 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loan_Receivable_Details
Loan Receivable (Details) (USD $) | 12 Months Ended | 0 Months Ended | 1 Months Ended | 12 Months Ended | |||||
In Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | 31-May-11 | Dec. 31, 2011 | Apr. 30, 2012 | Sep. 30, 2011 | 31-May-11 | Dec. 31, 2012 |
Five Star | Five Star | Five Star | Five Star | Five Star | Five Star | ||||
Maximum | Senior living communities | Senior living communities | Senior living communities | Senior living communities | Senior living communities | ||||
item | property | ||||||||
Loans Receivable | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Amount agreed to be lent under Bridge Loan Agreement | ' | ' | ' | $80,000 | ' | ' | ' | ' | ' |
Number of properties funded under Bridge Loan | ' | ' | ' | ' | ' | ' | ' | 6 | ' |
Amount borrowed under the Bridge Loan | ' | ' | ' | ' | ' | ' | 80,000 | ' | ' |
Amount repaid by borrower | ' | ' | ' | ' | 42,000 | 38,000 | ' | ' | ' |
Number of properties mortgaged, acquired by borrower | ' | ' | ' | ' | ' | 3 | ' | ' | ' |
Number of properties mortgaged, owned by borrower | ' | ' | ' | ' | ' | 4 | ' | ' | ' |
Spread over annual rates of interest applicable to borrowings under revolving credit facility (as a percent) | ' | ' | ' | ' | ' | 1.00% | ' | ' | ' |
Interest income recognized | $711 | $1,117 | $1,451 | ' | ' | ' | ' | ' | $314 |
Indebtedness_Details
Indebtedness (Details) (USD $) | 12 Months Ended | 0 Months Ended | 12 Months Ended | 12 Months Ended | 1 Months Ended | 1 Months Ended | 12 Months Ended | |||||||||||||||||
In Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Aug. 31, 2013 | Dec. 31, 2013 | Feb. 28, 2014 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Jul. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Jun. 30, 2013 | Aug. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2012 |
item | Unsecured revolving credit facility | Unsecured revolving credit facility | Unsecured revolving credit facility | Unsecured revolving credit facility | Senior unsecured notes 4.30% | Senior unsecured notes 4.30% | Senior unsecured notes 6.75% | Senior unsecured notes 6.75% | Senior unsecured notes 6.75% | Senior unsecured notes 6.75% maturing in 2021 | Senior unsecured notes 6.75% maturing in 2021 | Senior unsecured notes 5.625% due in 2042 | Senior unsecured notes 5.625% due in 2042 | Senior unsecured notes 5.625% due in 2042 | Mortgages | Mortgages | Mortgages | Mortgages | Mortgages | Capital leases | Capital leases | |||
item | item | item | item | Significant Unobservable Inputs (Level 3) | item | |||||||||||||||||||
property | ||||||||||||||||||||||||
Indebtedness | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Unsecured revolving credit facility, maximum borrowing capacity | $750,000 | ' | ' | ' | $750,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of public issues of unsecured senior notes | 4 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Principal amount of unsecured senior notes | 1,093,337 | 1,092,053 | ' | ' | ' | ' | ' | 250,000 | ' | ' | 200,000 | ' | 300,000 | ' | ' | 350,000 | ' | ' | ' | ' | ' | ' | ' | ' |
Aggregate principal amount of mortgage debt | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 681,628 | ' | ' | ' |
Interest rate (as a percent) | ' | ' | ' | ' | ' | ' | ' | 4.30% | 4.30% | ' | 6.75% | 6.75% | 6.75% | 6.75% | 5.63% | 5.63% | 5.63% | ' | ' | 6.40% | 6.25% | ' | 7.70% | 7.70% |
Number of properties mortgaged | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 28 | 51 | ' | 2 | ' |
Carrying value of mortgaged properties | 4,422,865 | 4,304,928 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 945,419 | ' | 18,626 | 15,603 |
Mortgage debt assumed in connection with real estate acquisitions | 12,266 | 121,793 | 217,317 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 12,266 | ' | ' |
Fair value of mortgage notes payable | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 13,306 | ' | ' |
Increase (decrease) in outstanding principal balances | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,040 | ' | ' |
Number of properties recorded under capital lease | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2 | ' |
Capital leases | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 13,314 | ' |
Number of mortgage notes | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2 | 4 | ' | ' | ' | ' | ' |
Prepayment of mortgage notes | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 13,579 | 10,377 | ' | ' | ' | ' | ' |
Extension period of revolving credit facility | ' | ' | ' | ' | '1 year | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Option to increase the borrowing capacity under revolving credit facility | ' | ' | ' | ' | 1,500,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Interest rate, description | ' | ' | ' | 'LIBOR | 'LIBOR | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Interest rate added to the base rate (as a percent) | ' | ' | ' | 1.60% | 1.30% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt instrument, facility fee (as a percent) | ' | ' | ' | 0.35% | 0.30% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revolving credit facility, interest rate payable (as a percent) | 1.40% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Weighted average interest rate on debt (as a percent) | 6.25% | 5.84% | ' | ' | 1.60% | ' | 1.80% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 6.90% | 6.10% | ' | ' | ' | ' | ' |
Losses on early extinguishment of debt | 797 | 6,349 | 427 | ' | 538 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 6,349 | 259 | ' | ' | ' |
Sale of senior unsecured notes | ' | ' | ' | ' | ' | ' | ' | ' | ' | 300,000 | ' | ' | ' | ' | 350,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Net proceeds from sale of senior unsecured notes | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 338,561 | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Principal repayment due until maturity | 0 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Early repayment of debt variable portion | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 199,197 | ' | ' | ' | ' |
Number of Properties released from mortgage as collateral | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 11 | ' | ' | ' | ' |
Interest expense and other associated costs incurred | 3,781 | 5,733 | 2,745 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Unsecured revolving credit facility, amount outstanding | ' | ' | ' | ' | $100,000 | $170,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Indebtedness_Details_2
Indebtedness (Details 2) (USD $) | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Jul. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Jul. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Jul. 31, 2008 | Dec. 31, 2013 | Dec. 31, 2012 | Jul. 31, 2008 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | Unsecured Debt | Unsecured Debt | Senior unsecured notes 4.30% | Senior unsecured notes 4.30% | Senior unsecured notes 6.75% | Senior unsecured notes 6.75% | Senior unsecured notes 6.75% | Senior unsecured notes 6.75% maturing in 2021 | Senior unsecured notes 6.75% maturing in 2021 | Senior unsecured notes 5.625% due in 2042 | Senior unsecured notes 5.625% due in 2042 | Senior unsecured notes 5.625% due in 2042 | Secured and Other Debt | Secured and Other Debt | Mortgages 6.11% maturing in Dec 2013 | Mortgages 6.11% maturing in Dec 2013 | Mortgage 6.91% maturing in Dec 2013 | Mortgage 6.91% maturing in Dec 2013 | Mortgage 5.83% maturing in June 2014 | Mortgage 5.83% maturing in June 2014 | Mortgage 6.02% maturing in March 2015 | Mortgage 6.02% maturing in March 2015 | Mortgage 6.25% maturing in May 2015 | Mortgage 5.65% maturing in June 2015 | Mortgage 5.65% maturing in June 2015 | Mortgage 6.37% maturing in July 2015 | Mortgage 6.37% maturing in July 2015 | Mortgage 5.66% maturing in July 2015 | Mortgage 5.66% maturing in July 2015 | Mortgage 5.880% maturing in July 2015 | Mortgage 5.880% maturing in July 2015 | Mortgage 5.81% maturing in October 2015 | Mortgage 5.81% maturing in October 2015 | Mortgage 5.810% maturing in October 2015, Two | Mortgage 5.810% maturing in October 2015, Two | Mortgage 5.64% maturing in January 2016 | Mortgage 5.64% maturing in January 2016 | Mortgage 5.97% maturing in April 2016 | Mortgage 5.97% maturing in April 2016 | Mortgage 5.92% maturing in November 2016 | Mortgage 5.92% maturing in November 2016 | Mortgage 6.25% maturing in November 2016 | Mortgage 6.25% maturing in November 2016 | Mortgage 5.86% maturing in March 2017 | Mortgage 5.86% maturing in March 2017 | Mortgages 6.54% maturing in May 2017 | Mortgages 6.54% maturing in May 2017 | Mortgages 6.150% maturing in August 2017 | Mortgages 6.150% maturing in August 2017 | Mortgages 6.73% maturing in April 2018 | Mortgages 6.73% maturing in April 2018 | Mortgage 6.71% maturing in Sept 2019 | Mortgage 6.71% maturing in Sept 2019 | Mortgage 7.31% maturing in Jan 2022 | Mortgage 7.31% maturing in Jan 2022 | Mortgage 7.31% maturing in Jan 2022 | Mortgage 7.85% maturing in Jan 2022 | Mortgage 7.85% maturing in Jan 2022 | Mortgage 7.85% maturing in Jan 2022 | Mortgage 6.25% maturing in February 2033 | Mortgage 6.25% maturing in February 2033 | Mortgage 5.95% maturing in September 2038 | Mortgage 5.95% maturing in September 2038 | Mortgage 4.38% maturing in September 2043 | Mortgage 4.38% maturing in September 2043 | Mortgage bonds | Mortgage bonds | Capital leases | Capital leases | ||
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Indebtedness | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Face Amount | ' | ' | $1,100,000 | $1,100,000 | $250,000 | $250,000 | $200,000 | $200,000 | $350,000 | $300,000 | $300,000 | $350,000 | $350,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Unamortized Discount | ' | ' | 6,663 | 7,947 | 1,085 | 1,620 | 1,348 | 1,563 | ' | 4,230 | 4,764 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total secured | 699,427 | 724,477 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 694,942 | 719,047 | ' | 10,565 | ' | 13,759 | 36,145 | 36,906 | 30,177 | 30,944 | 12,093 | 5,020 | 5,121 | 11,465 | 11,612 | 12,773 | 13,051 | 2,805 | 2,878 | 6,579 | 6,792 | 4,502 | 4,596 | 52,000 | 52,000 | 6,363 | 6,476 | 87,928 | 90,607 | 12,366 | 12,537 | 5,720 | 5,810 | 45,753 | 46,753 | 11,245 | 11,419 | 9,425 | 9,641 | 292,611 | 296,437 | 3,007 | 3,270 | ' | 1,482 | 1,608 | ' | 3,444 | 3,534 | 9,353 | 9,492 | 4,672 | 4,747 | 14,700 | 14,700 | 13,314 | 13,792 |
Interest rate (as a percent) | ' | ' | ' | ' | 4.30% | 4.30% | 6.75% | 6.75% | ' | 6.75% | 6.75% | 5.63% | 5.63% | 5.63% | ' | ' | ' | 6.11% | ' | 6.91% | 5.83% | 5.83% | 6.02% | 6.02% | 6.25% | 5.65% | 5.65% | 6.37% | 6.37% | 5.66% | 5.66% | 5.88% | 5.88% | 5.81% | 5.81% | 5.81% | 5.81% | 5.64% | 5.64% | 5.97% | 5.97% | 5.92% | 5.92% | 6.25% | 6.25% | 5.86% | 5.86% | 6.54% | 6.54% | 6.15% | 6.15% | 6.73% | 6.73% | 6.71% | 6.71% | 7.31% | 7.31% | ' | 7.85% | 7.85% | ' | 6.25% | 6.25% | 5.95% | 5.95% | 4.38% | 4.38% | 5.88% | 5.88% | 7.70% | 7.70% |
Number of properties as collateral | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 53 | ' | ' | ' | ' | ' | 2 | ' | 1 | ' | 1 | 1 | ' | 1 | ' | 3 | ' | 1 | ' | 1 | ' | 1 | ' | 1 | ' | 1 | ' | 2 | ' | 1 | ' | 1 | ' | 8 | ' | 1 | ' | 1 | ' | 17 | ' | 1 | ' | ' | ' | ' | ' | 1 | ' | 2 | ' | 1 | ' | 1 | ' | 2 | ' |
Initial Cost of Collateral | 5,263,625 | 5,019,615 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,440,217 | ' | 17,034 | ' | 36,359 | ' | 79,000 | ' | 99,000 | ' | 22,350 | 22,143 | ' | 14,849 | ' | 26,606 | ' | 15,397 | ' | 9,650 | ' | 8,600 | ' | 70,495 | ' | 10,272 | ' | 157,500 | ' | 22,102 | ' | 11,280 | ' | 62,500 | ' | 16,400 | ' | 15,100 | ' | 617,161 | ' | 18,827 | ' | ' | ' | ' | ' | 5,200 | ' | 11,425 | ' | 8,059 | ' | 34,307 | ' | 28,601 | ' |
Net Book Value of Collateral | 4,422,865 | 4,304,928 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 964,046 | 1,008,247 | ' | 14,883 | ' | 33,057 | 77,799 | 78,594 | 96,354 | 98,346 | 22,033 | 20,965 | 21,435 | 14,197 | 14,432 | 25,457 | 25,868 | 14,384 | 14,774 | 9,474 | 9,665 | 8,168 | 8,391 | 64,904 | 66,123 | 9,811 | 10,051 | 151,928 | 154,691 | 21,672 | 21,968 | 11,292 | 11,562 | 54,702 | 56,341 | 15,180 | 15,507 | 11,299 | 11,526 | 252,404 | 260,274 | 16,478 | 16,839 | ' | ' | ' | ' | 4,588 | 4,695 | 9,080 | 9,295 | 7,632 | 7,768 | 25,619 | 26,559 | 18,626 | 15,603 |
Unamortized net premiums | 4,485 | 5,430 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of mortgages | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2 | ' | ' | 2 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Net book value of the assets encumbered by capital leases | 18,627 | 15,602 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Required principal payments on outstanding debt | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
2014 | 48,222 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
2015 | 94,249 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
2016 | 410,136 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
2017 | 65,382 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
2018 | 115,602 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Thereafter | $1,161,353 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Fair_Value_of_Assets_and_Liabi2
Fair Value of Assets and Liabilities (Details) (USD $) | 12 Months Ended | |
In Thousands, except Share data, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 |
property | ||
item | ||
building | ||
Assets and liabilities measured at fair value | ' | ' |
Investments in available for sale securities | $29,078 | $25,177 |
Number of properties classified as held for sale | 14 | ' |
Number of buildings classified as held for sale | 17 | ' |
Cumulative impairments of properties held for sale | 44,395 | ' |
Number of properties in long-lived assets held and used | 1 | ' |
Impairment of assets charge related to long-lived assets held and used | 1,304 | 3,071 |
Number of public issues of unsecured senior notes | 4 | ' |
Senior notes | 1,093,337 | 1,092,053 |
Excess of fair value over aggregate book value | 6,041 | ' |
CommonWealth REIT (CWH) | ' | ' |
Assets and liabilities measured at fair value | ' | ' |
Investments in available for sale securities | 5,828 | 3,960 |
Investment in common shares | 250,000 | ' |
Five Star | ' | ' |
Assets and liabilities measured at fair value | ' | ' |
Investments in available for sale securities | 23,250 | 21,217 |
Investment in common shares | 4,235,000 | ' |
Recurring and Nonrecurring | Total | ' | ' |
Assets and liabilities measured at fair value | ' | ' |
Assets held for sale | 29,219 | ' |
Long-lived assets held and used | 653 | ' |
Investments in available for sale securities | 29,078 | ' |
Unsecured senior notes | 1,099,378 | ' |
Secured debt | 755,303 | ' |
Recurring and Nonrecurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | ' | ' |
Assets and liabilities measured at fair value | ' | ' |
Investments in available for sale securities | 29,078 | ' |
Unsecured senior notes | 1,099,378 | ' |
Recurring and Nonrecurring | Significant Other Observable Inputs (Level 2) | ' | ' |
Assets and liabilities measured at fair value | ' | ' |
Assets held for sale | 29,219 | ' |
Long-lived assets held and used | 653 | ' |
Recurring and Nonrecurring | Significant Unobservable Inputs (Level 3) | ' | ' |
Assets and liabilities measured at fair value | ' | ' |
Secured debt | $755,303 | ' |
Concentration_of_Credit_Risk_D
Concentration of Credit Risk (Details) (USD $) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Concentration of credit risk | ' | ' | ' |
Investment | $5,263,625 | $5,019,615 | ' |
Revenue | 459,380 | 450,769 | 412,180 |
Five Star | Senior living communities | ' | ' | ' |
Concentration of credit risk | ' | ' | ' |
Number of properties acquired, referred to as managed properties | 44 | ' | ' |
Investment | Rents from significant lessee | ' | ' | ' |
Concentration of credit risk | ' | ' | ' |
Investment | 5,263,625 | 5,019,615 | ' |
% of Total (as a percent) | 100.00% | 100.00% | ' |
Investment | Rents from significant lessee | Five Star | ' | ' | ' |
Concentration of credit risk | ' | ' | ' |
Investment | 2,099,713 | 2,074,877 | ' |
% of Total (as a percent) | 40.00% | 41.00% | ' |
Investment | Rents from significant lessee | All others | ' | ' | ' |
Concentration of credit risk | ' | ' | ' |
Investment | 3,163,912 | 2,944,738 | ' |
% of Total (as a percent) | 60.00% | 59.00% | ' |
Rental income | Rents from significant lessee | ' | ' | ' |
Concentration of credit risk | ' | ' | ' |
Revenue | 459,380 | 450,769 | ' |
% of Total (as a percent) | 100.00% | 100.00% | ' |
Rental income | Rents from significant lessee | Five Star | ' | ' | ' |
Concentration of credit risk | ' | ' | ' |
Revenue | 203,719 | 200,912 | ' |
% of Total (as a percent) | 44.00% | 45.00% | ' |
Rental income | Rents from significant lessee | All others | ' | ' | ' |
Concentration of credit risk | ' | ' | ' |
Revenue | $255,661 | $249,857 | ' |
% of Total (as a percent) | 56.00% | 55.00% | ' |
Segment_Reporting_Details
Segment Reporting (Details) (USD $) | 3 Months Ended | 12 Months Ended | |||||||||
In Thousands, unless otherwise specified | Dec. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
item | |||||||||||
Segment Reporting | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of operating segments | ' | ' | ' | ' | ' | ' | ' | ' | 4 | ' | ' |
Number of reportable segments | ' | ' | ' | ' | ' | ' | ' | ' | 3 | ' | ' |
Revenues: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Rental income | ' | ' | ' | ' | ' | ' | ' | ' | $459,380 | $450,769 | $412,180 |
Residents fees and services | ' | ' | ' | ' | ' | ' | ' | ' | 302,058 | 184,031 | 27,851 |
Total revenues | 200,336 | 187,265 | 186,928 | 186,909 | 191,703 | 156,108 | 144,393 | 142,596 | 761,438 | 634,800 | 440,031 |
Expenses: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Property operating expenses | ' | ' | ' | ' | ' | ' | ' | ' | 299,878 | 197,696 | 65,400 |
Depreciation | ' | ' | ' | ' | ' | ' | ' | ' | 153,026 | 139,042 | 110,959 |
General and administrative | ' | ' | ' | ' | ' | ' | ' | ' | 32,657 | 31,517 | 26,041 |
Acquisition related costs | ' | ' | ' | ' | ' | ' | ' | ' | 3,378 | 9,394 | 12,239 |
Impairment of assets | ' | ' | 32,267 | ' | ' | ' | ' | ' | 7,989 | 3,071 | 1,990 |
Total expenses | ' | ' | ' | ' | ' | ' | ' | ' | 496,928 | 380,720 | 216,629 |
Operating income | ' | ' | ' | ' | ' | ' | ' | ' | 264,510 | 254,080 | 223,402 |
Interest and other income | ' | ' | ' | ' | ' | ' | ' | ' | 711 | 1,117 | 1,451 |
Interest expense | ' | ' | ' | ' | ' | ' | ' | ' | -117,819 | -117,240 | -98,262 |
Loss on early extinguishment of debt | ' | ' | ' | ' | ' | ' | ' | ' | -797 | -6,349 | -427 |
Gain on lease terminations | ' | ' | ' | ' | ' | ' | ' | ' | ' | 375 | ' |
Income from continuing operations before income tax expense and equity in earnings of an investee | ' | ' | ' | ' | ' | ' | ' | ' | 146,605 | 131,983 | 126,164 |
Income tax expense | ' | ' | ' | ' | ' | ' | ' | ' | -600 | -375 | -312 |
Equity in earnings of an investee | ' | ' | ' | ' | ' | ' | ' | ' | 334 | 316 | 139 |
Income from continuing operations | ' | ' | ' | ' | ' | ' | ' | ' | 146,339 | 131,924 | 125,991 |
Discontinued Operations: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Income from discontinued operations | ' | ' | ' | ' | ' | ' | ' | ' | 5,043 | 4,061 | 4,113 |
Impairment of assets from discontinued operations | ' | ' | ' | ' | ' | ' | ' | ' | -37,610 | ' | ' |
Income before gain (loss) on sale of properties | ' | ' | ' | ' | ' | ' | ' | ' | 113,772 | 135,985 | 130,104 |
Gain (loss) on sale of properties | ' | ' | ' | ' | ' | ' | ' | ' | 37,392 | -101 | 21,315 |
Net income | 72,206 | 38,125 | 5,598 | 35,235 | 44,636 | 25,646 | 33,251 | 32,352 | 151,164 | 135,884 | 151,419 |
Total assets | 4,764,666 | ' | ' | ' | 4,748,002 | ' | ' | ' | 4,764,666 | 4,748,002 | 4,383,048 |
Triple Net Senior Living Communities | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Rental income | ' | ' | ' | ' | ' | ' | ' | ' | 237,209 | 246,948 | 242,652 |
Total revenues | ' | ' | ' | ' | ' | ' | ' | ' | 237,209 | 246,948 | 242,652 |
Expenses: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Depreciation | ' | ' | ' | ' | ' | ' | ' | ' | 66,854 | 68,419 | 68,429 |
Impairment of assets | ' | ' | ' | ' | ' | ' | ' | ' | 6,685 | ' | 1,028 |
Total expenses | ' | ' | ' | ' | ' | ' | ' | ' | 73,539 | 68,419 | 69,457 |
Operating income | ' | ' | ' | ' | ' | ' | ' | ' | 163,670 | 178,529 | 173,195 |
Interest expense | ' | ' | ' | ' | ' | ' | ' | ' | -26,501 | -35,530 | -41,510 |
Gain on lease terminations | ' | ' | ' | ' | ' | ' | ' | ' | ' | 375 | ' |
Income from continuing operations before income tax expense and equity in earnings of an investee | ' | ' | ' | ' | ' | ' | ' | ' | 137,169 | 143,374 | 131,685 |
Income from continuing operations | ' | ' | ' | ' | ' | ' | ' | ' | 137,169 | 143,374 | 131,685 |
Discontinued Operations: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Income before gain (loss) on sale of properties | ' | ' | ' | ' | ' | ' | ' | ' | 137,169 | 143,374 | 131,685 |
Gain (loss) on sale of properties | ' | ' | ' | ' | ' | ' | ' | ' | 37,392 | ' | 21,236 |
Net income | ' | ' | ' | ' | ' | ' | ' | ' | 174,561 | 143,374 | 152,921 |
Total assets | 1,778,591 | ' | ' | ' | 1,817,253 | ' | ' | ' | 1,778,591 | 1,817,253 | 1,818,469 |
Managed Senior Living Communities | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Residents fees and services | ' | ' | ' | ' | ' | ' | ' | ' | 302,058 | 184,031 | 27,851 |
Total revenues | ' | ' | ' | ' | ' | ' | ' | ' | 302,058 | 184,031 | 27,851 |
Expenses: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Property operating expenses | ' | ' | ' | ' | ' | ' | ' | ' | 233,711 | 138,819 | 21,639 |
Depreciation | ' | ' | ' | ' | ' | ' | ' | ' | 28,972 | 19,437 | 2,591 |
Total expenses | ' | ' | ' | ' | ' | ' | ' | ' | 262,683 | 158,256 | 24,230 |
Operating income | ' | ' | ' | ' | ' | ' | ' | ' | 39,375 | 25,775 | 3,621 |
Interest expense | ' | ' | ' | ' | ' | ' | ' | ' | -12,217 | -11,769 | -2,352 |
Income from continuing operations before income tax expense and equity in earnings of an investee | ' | ' | ' | ' | ' | ' | ' | ' | 27,158 | 14,006 | 1,269 |
Income from continuing operations | ' | ' | ' | ' | ' | ' | ' | ' | 27,158 | 14,006 | 1,269 |
Discontinued Operations: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Income before gain (loss) on sale of properties | ' | ' | ' | ' | ' | ' | ' | ' | 27,158 | 14,006 | 1,269 |
Net income | ' | ' | ' | ' | ' | ' | ' | ' | 27,158 | 14,006 | 1,269 |
Total assets | 979,152 | ' | ' | ' | 949,974 | ' | ' | ' | 979,152 | 949,974 | 643,063 |
MOBs | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Rental income | ' | ' | ' | ' | ' | ' | ' | ' | 204,594 | 186,065 | 151,823 |
Total revenues | ' | ' | ' | ' | ' | ' | ' | ' | 204,594 | 186,065 | 151,823 |
Expenses: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Property operating expenses | ' | ' | ' | ' | ' | ' | ' | ' | 66,167 | 58,877 | 43,761 |
Depreciation | ' | ' | ' | ' | ' | ' | ' | ' | 53,408 | 47,394 | 36,147 |
Impairment of assets | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3,071 | 962 |
Total expenses | ' | ' | ' | ' | ' | ' | ' | ' | 119,575 | 109,342 | 80,870 |
Operating income | ' | ' | ' | ' | ' | ' | ' | ' | 85,019 | 76,723 | 70,953 |
Interest expense | ' | ' | ' | ' | ' | ' | ' | ' | -5,466 | -3,255 | -996 |
Income from continuing operations before income tax expense and equity in earnings of an investee | ' | ' | ' | ' | ' | ' | ' | ' | 79,553 | 73,468 | 69,957 |
Income from continuing operations | ' | ' | ' | ' | ' | ' | ' | ' | 79,553 | 73,468 | 69,957 |
Discontinued Operations: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Income from discontinued operations | ' | ' | ' | ' | ' | ' | ' | ' | 5,043 | 4,061 | 4,113 |
Impairment of assets from discontinued operations | ' | ' | ' | ' | ' | ' | ' | ' | -37,610 | ' | ' |
Income before gain (loss) on sale of properties | ' | ' | ' | ' | ' | ' | ' | ' | 46,986 | 77,529 | 74,070 |
Gain (loss) on sale of properties | ' | ' | ' | ' | ' | ' | ' | ' | ' | -101 | 79 |
Net income | ' | ' | ' | ' | ' | ' | ' | ' | 46,986 | 77,428 | 74,149 |
Total assets | 1,727,497 | ' | ' | ' | 1,684,434 | ' | ' | ' | 1,727,497 | 1,684,434 | 1,487,364 |
All Other Operations | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Rental income | ' | ' | ' | ' | ' | ' | ' | ' | 17,577 | 17,756 | 17,705 |
Total revenues | ' | ' | ' | ' | ' | ' | ' | ' | 17,577 | 17,756 | 17,705 |
Expenses: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Depreciation | ' | ' | ' | ' | ' | ' | ' | ' | 3,792 | 3,792 | 3,792 |
General and administrative | ' | ' | ' | ' | ' | ' | ' | ' | 32,657 | 31,517 | 26,041 |
Acquisition related costs | ' | ' | ' | ' | ' | ' | ' | ' | 3,378 | 9,394 | 12,239 |
Impairment of assets | ' | ' | ' | ' | ' | ' | ' | ' | 1,304 | ' | ' |
Total expenses | ' | ' | ' | ' | ' | ' | ' | ' | 41,131 | 44,703 | 42,072 |
Operating income | ' | ' | ' | ' | ' | ' | ' | ' | -23,554 | -26,947 | -24,367 |
Interest and other income | ' | ' | ' | ' | ' | ' | ' | ' | 711 | 1,117 | 1,451 |
Interest expense | ' | ' | ' | ' | ' | ' | ' | ' | -73,635 | -66,686 | -53,404 |
Loss on early extinguishment of debt | ' | ' | ' | ' | ' | ' | ' | ' | -797 | -6,349 | -427 |
Income from continuing operations before income tax expense and equity in earnings of an investee | ' | ' | ' | ' | ' | ' | ' | ' | -97,275 | -98,865 | -76,747 |
Income tax expense | ' | ' | ' | ' | ' | ' | ' | ' | -600 | -375 | -312 |
Equity in earnings of an investee | ' | ' | ' | ' | ' | ' | ' | ' | 334 | 316 | 139 |
Income from continuing operations | ' | ' | ' | ' | ' | ' | ' | ' | -97,541 | -98,924 | -76,920 |
Discontinued Operations: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Income before gain (loss) on sale of properties | ' | ' | ' | ' | ' | ' | ' | ' | -97,541 | -98,924 | -76,920 |
Net income | ' | ' | ' | ' | ' | ' | ' | ' | -97,541 | -98,924 | -76,920 |
Total assets | $279,426 | ' | ' | ' | $296,341 | ' | ' | ' | $279,426 | $296,341 | $434,152 |
Income_Taxes_Details
Income Taxes (Details) (USD $) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Current: | ' | ' | ' |
State | $600 | $375 | $312 |
Total | 600 | 375 | 312 |
Income tax provision | 600 | 375 | 312 |
Reconciliation of effective tax rate and the U.S. federal statutory income tax rate | ' | ' | ' |
Taxes at statutory U.S. federal income tax rate (as a percent) | 35.00% | 35.00% | 35.00% |
Nontaxable income of SNH (as a percent) | -35.00% | -35.00% | -35.00% |
State and local income taxes, net of federal tax benefit (as a percent) | 0.40% | 0.30% | 0.20% |
Change in valuation allowance (as a percent) | 3.50% | 2.40% | 0.40% |
Other differences, net (as a percent) | -3.50% | -2.40% | -0.40% |
Effective tax rate (as a percent) | 0.40% | 0.30% | 0.20% |
Deferred tax assets: | ' | ' | ' |
Deferred revenue | 2,987 | 2,169 | ' |
Tax loss carry forwards | 7,373 | 1,751 | ' |
Deferred tax assets, gross | 10,360 | 3,920 | ' |
Valuation allowance | -10,203 | -3,814 | ' |
Deferred tax assets, net | 157 | 106 | ' |
Deferred tax liabilities: | ' | ' | ' |
Depreciable assets | -157 | -106 | ' |
Percentage of valuation allowance provided | 100.00% | 100.00% | ' |
Net operating loss carry forwards for federal income tax purposes | $18,648 | ' | ' |
Selected_Quarterly_Financial_D2
Selected Quarterly Financial Data (unaudited) (Details) (USD $) | 3 Months Ended | 12 Months Ended | 5 Months Ended | 0 Months Ended | 5 Months Ended | |||||||||
In Thousands, except Per Share data, unless otherwise specified | Dec. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 |
Sale | Rehabilitation hospitals | Rehabilitation hospitals | ||||||||||||
property | Sale | Sale | ||||||||||||
property | property | |||||||||||||
Selected Quarterly Financial Data (unaudited) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues | $200,336 | $187,265 | $186,928 | $186,909 | $191,703 | $156,108 | $144,393 | $142,596 | $761,438 | $634,800 | $440,031 | ' | ' | ' |
Net income | 72,206 | 38,125 | 5,598 | 35,235 | 44,636 | 25,646 | 33,251 | 32,352 | 151,164 | 135,884 | 151,419 | ' | ' | ' |
Per share data: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Net income (in dollars per share) | $0.38 | $0.20 | $0.03 | $0.19 | $0.25 | $0.15 | $0.20 | $0.20 | ' | ' | ' | ' | ' | ' |
Common distributions declared (in dollars per share) | $0.39 | $0.39 | $0.39 | $0.39 | $0.39 | $0.39 | $0.38 | $0.38 | ' | ' | ' | ' | ' | ' |
Impairment charge | ' | ' | 32,267 | ' | ' | ' | ' | ' | 7,989 | 3,071 | 1,990 | ' | ' | ' |
Selected quarterly financial data (unaudited) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of properties to be sold | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3 | 2 | 2 |
Gain (loss) on sale of properties | ' | ' | ' | ' | ' | ' | ' | ' | $37,392 | ($101) | $21,315 | $37,392 | $36,251 | ' |
Pro_Forma_Information_unaudite2
Pro Forma Information (unaudited) (Details) (USD $) | 1 Months Ended | 3 Months Ended | 4 Months Ended | 12 Months Ended | 1 Months Ended | 12 Months Ended | 5 Months Ended | |||||||||||||||||||||||
In Thousands, except Share data, unless otherwise specified | Jan. 31, 2013 | Jul. 31, 2012 | Oct. 31, 2011 | Dec. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Oct. 31, 2011 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Jul. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2013 |
item | Senior unsecured notes 5.625% due in 2042 | Senior unsecured notes 5.625% due in 2042 | Senior unsecured notes 5.625% due in 2042 | MOBs | MOBs | Skilled nursing facilities | Skilled nursing facility and rehabilitation hospitals | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | Acquisition | Sale | Sale | |||||||||||||||
property | property | Senior living communities | Senior living communities | MOBs | MOBs | property | Skilled nursing facilities | |||||||||||||||||||||||
building | property | property | property | property | property | |||||||||||||||||||||||||
building | building | |||||||||||||||||||||||||||||
Pro Forma Information | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of properties acquired or agreed to be acquired | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1 | ' | ' | ' | ' | 6 | 11 | 6 | 12 | ' | ' |
Number of buildings acquired | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 7 | 13 | ' | ' |
Aggregate purchase price of properties acquired, excluding closing costs | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $202,824 | $449,657 | ' | ' | ' | ' | ' | ' | $117,475 | $225,695 | ' | ' |
Number of properties to be sold | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1 | ' | ' | ' | ' | ' | ' | ' | 3 | 1 |
Number of rehabilitation hospitals | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Proceeds from sale of properties | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 92,550 | 1,041 | 38,663 | ' | ' | ' | ' | 1,100 | ' | 92,250 | ' | ' | ' | ' | ' | ' | ' | ' |
Gain (loss) on sale of properties | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 37,392 | -101 | 21,315 | ' | ' | ' | ' | -101 | ' | 37,392 | ' | ' | ' | ' | ' | ' | 37,392 | ' |
Number of buildings sold | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Stated interest rate (as a percent) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 5.63% | 5.63% | 5.63% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Mortgage debt assumed | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 12,266 | 121,793 | 217,317 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 73,103 | ' | ' |
Weighted average interest rate on debt (as a percent) | ' | ' | ' | 6.25% | ' | ' | ' | 5.84% | ' | ' | ' | ' | 6.25% | 5.84% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Common shares issued in public offering | 11,500,000 | 13,800,000 | 9,200,000 | ' | ' | ' | ' | ' | ' | ' | ' | 11,500,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Net proceeds from issuance of common shares issued in public offering | 262,068 | 287,052 | 184,735 | ' | ' | ' | ' | ' | ' | ' | ' | 247,498 | 261,813 | 287,052 | 432,233 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revenues | ' | ' | ' | 200,336 | 187,265 | 186,928 | 186,909 | 191,703 | 156,108 | 144,393 | 142,596 | ' | 761,438 | 634,800 | 440,031 | ' | ' | ' | ' | ' | ' | ' | 12,306 | 26,840 | ' | ' | ' | ' | ' | ' |
Property operating expenses | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 4,057 | 15,957 | ' | ' | ' | ' | ' | ' |
Interest expense | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 117,819 | 117,240 | 98,262 | ' | ' | ' | ' | ' | ' | ' | 368 | 2,354 | ' | ' | ' | ' | ' | ' |
Debt sold | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 350,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Pro forma results of operations | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total revenues | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 766,263 | 696,806 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Net income | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $113,150 | $179,804 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Per common share data: | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Net income (in dollars per share) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $0.60 | $0.96 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
SCHEDULE_III_REAL_ESTATE_AND_A1
SCHEDULE III REAL ESTATE AND ACCUMULATED DEPRECIATION (Details) (USD $) | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
In Thousands, unless otherwise specified | ||||
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | $694,943 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 625,794 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,222,700 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 439,354 | ' | ' | ' |
Impairment | -24,223 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 623,756 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,639,869 | ' | ' | ' |
Total | 5,263,625 | 5,019,615 | 4,563,782 | 3,641,483 |
Accumulated Depreciation | 840,760 | 714,687 | 598,445 | 511,225 |
2184 Parkway Lake Drive, Birmingham, AL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 580 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,980 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 188 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 580 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,168 | ' | ' | ' |
Total | 6,748 | ' | ' | ' |
Accumulated Depreciation | 820 | ' | ' | ' |
2634 Valleydale Road, Birmingham, AL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 600 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,574 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 879 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 600 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,453 | ' | ' | ' |
Total | 9,053 | ' | ' | ' |
Accumulated Depreciation | 1,083 | ' | ' | ' |
2021 Dahike Drive, NE, Cullman, AL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 287 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,415 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 289 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 287 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,704 | ' | ' | ' |
Total | 3,991 | ' | ' | ' |
Accumulated Depreciation | 977 | ' | ' | ' |
49 Hughes Road, Madison, AL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 334 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,981 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 429 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 334 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,410 | ' | ' | ' |
Total | 4,744 | ' | ' | ' |
Accumulated Depreciation | 1,120 | ' | ' | ' |
200 Terrace Lane, Priceville, AL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,300 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,447 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 114 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,300 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,561 | ' | ' | ' |
Total | 10,861 | ' | ' | ' |
Accumulated Depreciation | 500 | ' | ' | ' |
413 Cox Boulevard, Sheffield, AL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 394 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,684 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 456 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 394 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,140 | ' | ' | ' |
Total | 5,534 | ' | ' | ' |
Accumulated Depreciation | 1,281 | ' | ' | ' |
13840 North Desert Harbor Drive, Peoria, AZ | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 2,687 | ' | ' | ' |
Buildings, Improvements & Equipment | 15,843 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 3,175 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 2,687 | ' | ' | ' |
Buildings, Improvements & Equipment | 19,018 | ' | ' | ' |
Total | 21,705 | ' | ' | ' |
Accumulated Depreciation | 6,574 | ' | ' | ' |
2444 West Las Palmaritas Drive, Phoenix, AZ | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 3,820 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,666 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 3,820 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,666 | ' | ' | ' |
Total | 10,486 | ' | ' | ' |
Accumulated Depreciation | 500 | ' | ' | ' |
11209 N. Tatum Boulevard, Phoenix, AZ | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,380 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,349 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 610 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,380 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,959 | ' | ' | ' |
Total | 8,339 | ' | ' | ' |
Accumulated Depreciation | 418 | ' | ' | ' |
7090 East Mescal Street, Scottsdale, AZ | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 2,315 | ' | ' | ' |
Buildings, Improvements & Equipment | 13,650 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 3,809 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 2,315 | ' | ' | ' |
Buildings, Improvements & Equipment | 17,459 | ' | ' | ' |
Total | 19,774 | ' | ' | ' |
Accumulated Depreciation | 5,683 | ' | ' | ' |
6001 E. Thomas Road, Scottsdale, AZ | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 941 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,807 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 480 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 941 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,287 | ' | ' | ' |
Total | 10,228 | ' | ' | ' |
Accumulated Depreciation | 4,417 | ' | ' | ' |
17225 Boswell Blvd., Sun City, AZ | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,189 | ' | ' | ' |
Buildings, Improvements & Equipment | 10,569 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 367 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,189 | ' | ' | ' |
Buildings, Improvements & Equipment | 10,936 | ' | ' | ' |
Total | 12,125 | ' | ' | ' |
Accumulated Depreciation | 5,261 | ' | ' | ' |
14001 W. Meeker Boulevard, Sun City West, AZ | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 395 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,307 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 395 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,307 | ' | ' | ' |
Total | 3,702 | ' | ' | ' |
Accumulated Depreciation | 1,021 | ' | ' | ' |
2500 North Rosemont Boulevard, Tucson, AZ | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 4,429 | ' | ' | ' |
Buildings, Improvements & Equipment | 26,119 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 3,372 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 4,429 | ' | ' | ' |
Buildings, Improvements & Equipment | 29,491 | ' | ' | ' |
Total | 33,920 | ' | ' | ' |
Accumulated Depreciation | 10,417 | ' | ' | ' |
710 N. Euclid, Anaheim, CA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 2,850 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,964 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 734 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 2,888 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,660 | ' | ' | ' |
Total | 10,548 | ' | ' | ' |
Accumulated Depreciation | 1,011 | ' | ' | ' |
1350 S. El Camino Real, Encinitas, CA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,510 | ' | ' | ' |
Buildings, Improvements & Equipment | 18,042 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 374 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,510 | ' | ' | ' |
Buildings, Improvements & Equipment | 18,416 | ' | ' | ' |
Total | 19,926 | ' | ' | ' |
Accumulated Depreciation | 2,675 | ' | ' | ' |
47201 Lakeview Boulevard, Fremont, CA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 3,200 | ' | ' | ' |
Buildings, Improvements & Equipment | 10,177 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 3,200 | ' | ' | ' |
Buildings, Improvements & Equipment | 10,177 | ' | ' | ' |
Total | 13,377 | ' | ' | ' |
Accumulated Depreciation | 572 | ' | ' | ' |
47211/47215 Lakeview Boulevard, Fremont, CA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 3,750 | ' | ' | ' |
Buildings, Improvements & Equipment | 12,656 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 3,750 | ' | ' | ' |
Buildings, Improvements & Equipment | 12,656 | ' | ' | ' |
Total | 16,406 | ' | ' | ' |
Accumulated Depreciation | 712 | ' | ' | ' |
47900 Bayside Parkway, Fremont, CA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 4,580 | ' | ' | ' |
Buildings, Improvements & Equipment | 10,370 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 852 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 4,580 | ' | ' | ' |
Buildings, Improvements & Equipment | 11,222 | ' | ' | ' |
Total | 15,802 | ' | ' | ' |
Accumulated Depreciation | 611 | ' | ' | ' |
577 South Peach Street, Fresno, CA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 738 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,577 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 188 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 738 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,765 | ' | ' | ' |
Total | 3,503 | ' | ' | ' |
Accumulated Depreciation | 1,677 | ' | ' | ' |
6075 N. Marks Avenue, Fresno, CA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 880 | ' | ' | ' |
Buildings, Improvements & Equipment | 12,751 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 322 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 880 | ' | ' | ' |
Buildings, Improvements & Equipment | 13,073 | ' | ' | ' |
Total | 13,953 | ' | ' | ' |
Accumulated Depreciation | 1,878 | ' | ' | ' |
24552 Paseo de Valencia, Laguna Hills, CA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 3,172 | ' | ' | ' |
Buildings, Improvements & Equipment | 28,184 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,139 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 3,172 | ' | ' | ' |
Buildings, Improvements & Equipment | 29,323 | ' | ' | ' |
Total | 32,495 | ' | ' | ' |
Accumulated Depreciation | 13,851 | ' | ' | ' |
1642 West Avenue J, Lancaster, CA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 601 | ' | ' | ' |
Buildings, Improvements & Equipment | 1,859 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 3,069 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 601 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,928 | ' | ' | ' |
Total | 5,529 | ' | ' | ' |
Accumulated Depreciation | 2,157 | ' | ' | ' |
8631 West 3rd Street, Los Angeles, CA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 24,640 | ' | ' | ' |
Buildings, Improvements & Equipment | 88,277 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 2,655 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 24,640 | ' | ' | ' |
Buildings, Improvements & Equipment | 90,932 | ' | ' | ' |
Total | 115,572 | ' | ' | ' |
Accumulated Depreciation | 6,926 | ' | ' | ' |
8635 West 3rd Street, Los Angeles, CA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 24,640 | ' | ' | ' |
Buildings, Improvements & Equipment | 90,352 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 2,724 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 24,640 | ' | ' | ' |
Buildings, Improvements & Equipment | 93,076 | ' | ' | ' |
Total | 117,716 | ' | ' | ' |
Accumulated Depreciation | 7,104 | ' | ' | ' |
1319 Brookside Avenue, Redlands, CA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,770 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,982 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 255 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,770 | ' | ' | ' |
Buildings, Improvements & Equipment | 10,237 | ' | ' | ' |
Total | 12,007 | ' | ' | ' |
Accumulated Depreciation | 1,469 | ' | ' | ' |
110 Sterling Court, Roseville, CA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,620 | ' | ' | ' |
Buildings, Improvements & Equipment | 10,262 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 343 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,620 | ' | ' | ' |
Buildings, Improvements & Equipment | 10,605 | ' | ' | ' |
Total | 12,225 | ' | ' | ' |
Accumulated Depreciation | 1,518 | ' | ' | ' |
1371 Parkside Drive, San Bernardino, CA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,250 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,069 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 686 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,250 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,755 | ' | ' | ' |
Total | 11,005 | ' | ' | ' |
Accumulated Depreciation | 2,012 | ' | ' | ' |
16925 & 16916 Hierba Drive, San Diego, CA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 9,142 | ' | ' | ' |
Buildings, Improvements & Equipment | 53,904 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 10,341 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 9,142 | ' | ' | ' |
Buildings, Improvements & Equipment | 64,245 | ' | ' | ' |
Total | 73,387 | ' | ' | ' |
Accumulated Depreciation | 21,566 | ' | ' | ' |
3030 Science Park, San Diego, CA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 2,466 | ' | ' | ' |
Buildings, Improvements & Equipment | 46,473 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 2,466 | ' | ' | ' |
Buildings, Improvements & Equipment | 46,473 | ' | ' | ' |
Total | 48,939 | ' | ' | ' |
Accumulated Depreciation | 5,131 | ' | ' | ' |
3040 Science Park, San Diego, CA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,225 | ' | ' | ' |
Buildings, Improvements & Equipment | 23,077 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,225 | ' | ' | ' |
Buildings, Improvements & Equipment | 23,077 | ' | ' | ' |
Total | 24,302 | ' | ' | ' |
Accumulated Depreciation | 2,548 | ' | ' | ' |
3050 Science Park, San Diego, CA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,508 | ' | ' | ' |
Buildings, Improvements & Equipment | 28,753 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,508 | ' | ' | ' |
Buildings, Improvements & Equipment | 28,753 | ' | ' | ' |
Total | 30,261 | ' | ' | ' |
Accumulated Depreciation | 3,175 | ' | ' | ' |
537 E. Fulton Street, Stockton, CA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 382 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,750 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 787 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 382 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,537 | ' | ' | ' |
Total | 3,919 | ' | ' | ' |
Accumulated Depreciation | 1,906 | ' | ' | ' |
877 East March Lane, Stockton (4), CA | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 7,516 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,176 | ' | ' | ' |
Buildings, Improvements & Equipment | 11,171 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 5,132 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,176 | ' | ' | ' |
Buildings, Improvements & Equipment | 16,303 | ' | ' | ' |
Total | 17,479 | ' | ' | ' |
Accumulated Depreciation | 4,541 | ' | ' | ' |
3530 Deer Park Drive, Stockton, CA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 670 | ' | ' | ' |
Buildings, Improvements & Equipment | 14,419 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 357 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 670 | ' | ' | ' |
Buildings, Improvements & Equipment | 14,776 | ' | ' | ' |
Total | 15,446 | ' | ' | ' |
Accumulated Depreciation | 2,124 | ' | ' | ' |
93 W Avenida de Los Arboles, Thousand Oaks, CA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 622 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,522 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 2,456 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 622 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,978 | ' | ' | ' |
Total | 5,600 | ' | ' | ' |
Accumulated Depreciation | 2,332 | ' | ' | ' |
6835 Hazeltine Street, Van Nuys, CA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 718 | ' | ' | ' |
Buildings, Improvements & Equipment | 378 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 755 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 718 | ' | ' | ' |
Buildings, Improvements & Equipment | 1,133 | ' | ' | ' |
Total | 1,851 | ' | ' | ' |
Accumulated Depreciation | 591 | ' | ' | ' |
1866 San Miguel Drive, Walnut Creek, CA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 2,010 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,290 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,175 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 2,010 | ' | ' | ' |
Buildings, Improvements & Equipment | 10,465 | ' | ' | ' |
Total | 12,475 | ' | ' | ' |
Accumulated Depreciation | 546 | ' | ' | ' |
515 Fairview, Canon City, CO | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 292 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,228 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,037 | ' | ' | ' |
Impairment | -3,512 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 292 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,753 | ' | ' | ' |
Total | 4,045 | ' | ' | ' |
Accumulated Depreciation | 1,442 | ' | ' | ' |
110 West Van Buren, Colorado Springs, CO | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 245 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,236 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,673 | ' | ' | ' |
Impairment | -3,031 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 245 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,878 | ' | ' | ' |
Total | 4,123 | ' | ' | ' |
Accumulated Depreciation | 1,409 | ' | ' | ' |
3920 East San Miguel Street, Colorado Springs, CO | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,380 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,894 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 96 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,380 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,990 | ' | ' | ' |
Total | 10,370 | ' | ' | ' |
Accumulated Depreciation | 364 | ' | ' | ' |
2050 South Main, Delta, CO | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 167 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,570 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 763 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 167 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,333 | ' | ' | ' |
Total | 4,500 | ' | ' | ' |
Accumulated Depreciation | 1,854 | ' | ' | ' |
2501 Little Bookcliff Drive, Grand Junction, CO | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 204 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,875 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,435 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 204 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,310 | ' | ' | ' |
Total | 5,514 | ' | ' | ' |
Accumulated Depreciation | 2,708 | ' | ' | ' |
2825 Patterson Road, Grand Junction, CO | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 173 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,583 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 2,101 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 173 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,684 | ' | ' | ' |
Total | 4,857 | ' | ' | ' |
Accumulated Depreciation | 2,416 | ' | ' | ' |
1599 Ingalls Street, Lakewood, CO | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 232 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,766 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 2,882 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 232 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,648 | ' | ' | ' |
Total | 6,880 | ' | ' | ' |
Accumulated Depreciation | 3,308 | ' | ' | ' |
5555 South Elati Street, Littleton, CO | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 185 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,043 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 2,314 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 185 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,357 | ' | ' | ' |
Total | 7,542 | ' | ' | ' |
Accumulated Depreciation | 3,895 | ' | ' | ' |
8271 South Continental Divide Road, Littleton, CO | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 400 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,507 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 400 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,507 | ' | ' | ' |
Total | 3,907 | ' | ' | ' |
Accumulated Depreciation | 1,082 | ' | ' | ' |
9005 / 9025 Grant Street, Thornton, CO, Location 1 | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 961 | ' | ' | ' |
Buildings, Improvements & Equipment | 10,867 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 961 | ' | ' | ' |
Buildings, Improvements & Equipment | 10,868 | ' | ' | ' |
Total | 11,829 | ' | ' | ' |
Accumulated Depreciation | 272 | ' | ' | ' |
9005 / 9025 Grant Street, Thornton, CO, Location 2 | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 475 | ' | ' | ' |
Buildings, Improvements & Equipment | 909 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 475 | ' | ' | ' |
Buildings, Improvements & Equipment | 909 | ' | ' | ' |
Total | 1,384 | ' | ' | ' |
Accumulated Depreciation | 23 | ' | ' | ' |
7809 W. 38th Avenue, Wheat Ridge, CO | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 470 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,373 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 470 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,373 | ' | ' | ' |
Total | 3,843 | ' | ' | ' |
Accumulated Depreciation | 316 | ' | ' | ' |
40 Sebethe Drive, Cromwell, CT | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 570 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,304 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 491 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 570 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,795 | ' | ' | ' |
Total | 6,365 | ' | ' | ' |
Accumulated Depreciation | 398 | ' | ' | ' |
866 North Main Street, Wallingford, CT | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 430 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,136 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 313 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 430 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,449 | ' | ' | ' |
Total | 3,879 | ' | ' | ' |
Accumulated Depreciation | 237 | ' | ' | ' |
1145 19th Street, Washington, DC | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 13,600 | ' | ' | ' |
Buildings, Improvements & Equipment | 24,880 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 2,449 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 13,600 | ' | ' | ' |
Buildings, Improvements & Equipment | 27,329 | ' | ' | ' |
Total | 40,929 | ' | ' | ' |
Accumulated Depreciation | 3,242 | ' | ' | ' |
2141 K Street, Washington, DC | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 13,700 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,400 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,356 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 13,700 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,756 | ' | ' | ' |
Total | 23,456 | ' | ' | ' |
Accumulated Depreciation | 1,209 | ' | ' | ' |
255 Possum Park Road, Newark, DE | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 2,010 | ' | ' | ' |
Buildings, Improvements & Equipment | 11,852 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 2,777 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 2,010 | ' | ' | ' |
Buildings, Improvements & Equipment | 14,629 | ' | ' | ' |
Total | 16,639 | ' | ' | ' |
Accumulated Depreciation | 4,885 | ' | ' | ' |
4175 Ogletown Road / 501 South Harmony Road, Newark, DE | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,500 | ' | ' | ' |
Buildings, Improvements & Equipment | 19,447 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 990 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,500 | ' | ' | ' |
Buildings, Improvements & Equipment | 20,437 | ' | ' | ' |
Total | 21,937 | ' | ' | ' |
Accumulated Depreciation | 2,889 | ' | ' | ' |
1912 Marsh Road, Wilmington, DE | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 4,365 | ' | ' | ' |
Buildings, Improvements & Equipment | 25,739 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 2,503 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 4,365 | ' | ' | ' |
Buildings, Improvements & Equipment | 28,242 | ' | ' | ' |
Total | 32,607 | ' | ' | ' |
Accumulated Depreciation | 9,444 | ' | ' | ' |
1212 Foulk Road, Wilmington (4), DE | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 7,304 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,179 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,950 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,329 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,179 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,279 | ' | ' | ' |
Total | 9,458 | ' | ' | ' |
Accumulated Depreciation | 3,069 | ' | ' | ' |
407 Foulk Road, Wilmington, DE | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 38 | ' | ' | ' |
Buildings, Improvements & Equipment | 227 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,080 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 38 | ' | ' | ' |
Buildings, Improvements & Equipment | 1,307 | ' | ' | ' |
Total | 1,345 | ' | ' | ' |
Accumulated Depreciation | 409 | ' | ' | ' |
2723 Shipley Road, Wilmington, DE | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 869 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,126 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 3,297 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 869 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,423 | ' | ' | ' |
Total | 9,292 | ' | ' | ' |
Accumulated Depreciation | 2,896 | ' | ' | ' |
13709 Progress Boulevard, Alachua, FL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,080 | ' | ' | ' |
Buildings, Improvements & Equipment | 1,675 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 178 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,080 | ' | ' | ' |
Buildings, Improvements & Equipment | 1,853 | ' | ' | ' |
Total | 2,933 | ' | ' | ' |
Accumulated Depreciation | 109 | ' | ' | ' |
Progress Center - Lot 1 Property, Alachua, FL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 165 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 165 | ' | ' | ' |
Total | 165 | ' | ' | ' |
Progress Center - Lot 4 Property, Alachua, FL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 331 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 331 | ' | ' | ' |
Total | 331 | ' | ' | ' |
13859 Progress Boulevard, Alachua (4), FL | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 3,444 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 570 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,276 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 570 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,276 | ' | ' | ' |
Total | 4,846 | ' | ' | ' |
Accumulated Depreciation | 258 | ' | ' | ' |
13545 Progress Boulevard, Alachua, FL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 512 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,935 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 512 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,935 | ' | ' | ' |
Total | 5,447 | ' | ' | ' |
Accumulated Depreciation | 319 | ' | ' | ' |
13631 Progress Boulevard, Alachua, FL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 512 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,941 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 512 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,941 | ' | ' | ' |
Total | 5,453 | ' | ' | ' |
Accumulated Depreciation | 319 | ' | ' | ' |
Progress Vacant Land (47 acres), Alachua, FL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 4,000 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 4,000 | ' | ' | ' |
Total | 4,000 | ' | ' | ' |
6343 Via de Sonrisa del Sur, Boca Raton, FL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 4,166 | ' | ' | ' |
Buildings, Improvements & Equipment | 39,633 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 729 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 4,166 | ' | ' | ' |
Buildings, Improvements & Equipment | 40,362 | ' | ' | ' |
Total | 44,528 | ' | ' | ' |
Accumulated Depreciation | 19,800 | ' | ' | ' |
22601 Camino Del Mar, Boca Raton (4), FL | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 19,751 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 3,200 | ' | ' | ' |
Buildings, Improvements & Equipment | 46,800 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,586 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 3,200 | ' | ' | ' |
Buildings, Improvements & Equipment | 48,386 | ' | ' | ' |
Total | 51,586 | ' | ' | ' |
Accumulated Depreciation | 2,779 | ' | ' | ' |
1425 Congress Avenue, Boynton Beach, FL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 2,390 | ' | ' | ' |
Buildings, Improvements & Equipment | 14,768 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 779 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 2,390 | ' | ' | ' |
Buildings, Improvements & Equipment | 15,547 | ' | ' | ' |
Total | 17,937 | ' | ' | ' |
Accumulated Depreciation | 1,012 | ' | ' | ' |
1325 S. Congress Avenue, Boynton Beach, FL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,620 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,341 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 13 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,620 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,354 | ' | ' | ' |
Total | 6,974 | ' | ' | ' |
Accumulated Depreciation | 190 | ' | ' | ' |
1416 Country Club Blvd., Cape Coral, FL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 400 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,907 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 400 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,907 | ' | ' | ' |
Total | 3,307 | ' | ' | ' |
Accumulated Depreciation | 899 | ' | ' | ' |
8500 Royal Palm Boulevard, Coral Springs, FL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 3,410 | ' | ' | ' |
Buildings, Improvements & Equipment | 20,104 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 22,676 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 3,410 | ' | ' | ' |
Buildings, Improvements & Equipment | 42,780 | ' | ' | ' |
Total | 46,190 | ' | ' | ' |
Accumulated Depreciation | 10,135 | ' | ' | ' |
3001 Deer Creek Boulevard, Deerfield Beach, FL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 3,196 | ' | ' | ' |
Buildings, Improvements & Equipment | 18,848 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 15,198 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 3,196 | ' | ' | ' |
Buildings, Improvements & Equipment | 34,046 | ' | ' | ' |
Total | 37,242 | ' | ' | ' |
Accumulated Depreciation | 9,069 | ' | ' | ' |
1208 South Military Trail, Deerfield Beach, FL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,690 | ' | ' | ' |
Buildings, Improvements & Equipment | 14,972 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 3,112 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,690 | ' | ' | ' |
Buildings, Improvements & Equipment | 18,084 | ' | ' | ' |
Total | 19,774 | ' | ' | ' |
Accumulated Depreciation | 7,633 | ' | ' | ' |
2525 East First Street, Fort Myers, FL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 2,385 | ' | ' | ' |
Buildings, Improvements & Equipment | 21,137 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,720 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 2,475 | ' | ' | ' |
Buildings, Improvements & Equipment | 22,767 | ' | ' | ' |
Total | 25,242 | ' | ' | ' |
Accumulated Depreciation | 10,537 | ' | ' | ' |
12780 Kenwood Lane, Fort Myers, FL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 369 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,174 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 2,315 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 369 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,489 | ' | ' | ' |
Total | 4,858 | ' | ' | ' |
Accumulated Depreciation | 1,207 | ' | ' | ' |
1825 Ridgewood Avenue, Holly Hill (4), FL | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 12,366 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 900 | ' | ' | ' |
Buildings, Improvements & Equipment | 21,202 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,069 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 900 | ' | ' | ' |
Buildings, Improvements & Equipment | 22,271 | ' | ' | ' |
Total | 23,171 | ' | ' | ' |
Accumulated Depreciation | 1,499 | ' | ' | ' |
2480 North Park Road, Hollywood, FL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 4,500 | ' | ' | ' |
Buildings, Improvements & Equipment | 40,500 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 9,394 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 4,500 | ' | ' | ' |
Buildings, Improvements & Equipment | 49,894 | ' | ' | ' |
Total | 54,394 | ' | ' | ' |
Accumulated Depreciation | 2,508 | ' | ' | ' |
8901 Tamiami Trail E., Naples, FL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 3,200 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,898 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 12,392 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 3,200 | ' | ' | ' |
Buildings, Improvements & Equipment | 15,290 | ' | ' | ' |
Total | 18,490 | ' | ' | ' |
Accumulated Depreciation | 2,614 | ' | ' | ' |
12780 Waterford Lakes Parkway, Orlando, FL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 977 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,926 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 977 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,926 | ' | ' | ' |
Total | 4,903 | ' | ' | ' |
1603 S. Hiawassee Road, Orlando, FL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 488 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,617 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 488 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,617 | ' | ' | ' |
Total | 3,105 | ' | ' | ' |
1825 N. Mills Avenue, Orlando, Orlando, FL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 519 | ' | ' | ' |
Buildings, Improvements & Equipment | 1,799 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 336 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 519 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,135 | ' | ' | ' |
Total | 2,654 | ' | ' | ' |
Accumulated Depreciation | 247 | ' | ' | ' |
1911 N. Mills Avenue, Orlando, Orlando, FL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,946 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,197 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 492 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,946 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,689 | ' | ' | ' |
Total | 9,635 | ' | ' | ' |
Accumulated Depreciation | 945 | ' | ' | ' |
1925 N. Mills Avenue, Orlando, Orlando, FL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 135 | ' | ' | ' |
Buildings, Improvements & Equipment | 532 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 49 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 135 | ' | ' | ' |
Buildings, Improvements & Equipment | 581 | ' | ' | ' |
Total | 716 | ' | ' | ' |
Accumulated Depreciation | 69 | ' | ' | ' |
250 N. Alafaya Trail, Orlando, FL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 967 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,362 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 967 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,362 | ' | ' | ' |
Total | 5,329 | ' | ' | ' |
900 West Lake Road, Palm Harbor (4), FL | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 23,359 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 3,449 | ' | ' | ' |
Buildings, Improvements & Equipment | 20,336 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 5,555 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 3,449 | ' | ' | ' |
Buildings, Improvements & Equipment | 25,891 | ' | ' | ' |
Total | 29,340 | ' | ' | ' |
Accumulated Depreciation | 8,524 | ' | ' | ' |
45 Katherine Boulevard, Palm Harbor, FL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 3,379 | ' | ' | ' |
Buildings, Improvements & Equipment | 29,945 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,495 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 3,379 | ' | ' | ' |
Buildings, Improvements & Equipment | 31,440 | ' | ' | ' |
Total | 34,819 | ' | ' | ' |
Accumulated Depreciation | 15,025 | ' | ' | ' |
8500 West Sunrise Boulevard, Plantation (4), FL | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 16,393 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 4,700 | ' | ' | ' |
Buildings, Improvements & Equipment | 24,300 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,677 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 4,700 | ' | ' | ' |
Buildings, Improvements & Equipment | 25,977 | ' | ' | ' |
Total | 30,677 | ' | ' | ' |
Accumulated Depreciation | 1,685 | ' | ' | ' |
2701 North Course Dr., Pompano Beach, FL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 7,700 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,127 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 34,456 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 7,700 | ' | ' | ' |
Buildings, Improvements & Equipment | 36,583 | ' | ' | ' |
Total | 44,283 | ' | ' | ' |
Accumulated Depreciation | 6,489 | ' | ' | ' |
1371 South Ocean Boulevard, Pompano Beach, FL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 2,500 | ' | ' | ' |
Buildings, Improvements & Equipment | 15,500 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,243 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 2,500 | ' | ' | ' |
Buildings, Improvements & Equipment | 16,743 | ' | ' | ' |
Total | 19,243 | ' | ' | ' |
Accumulated Depreciation | 1,050 | ' | ' | ' |
20480 Veterans Boulevard, Port Charlotte, FL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 400 | ' | ' | ' |
Buildings, Improvements & Equipment | 11,934 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 498 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 400 | ' | ' | ' |
Buildings, Improvements & Equipment | 12,432 | ' | ' | ' |
Total | 12,832 | ' | ' | ' |
Accumulated Depreciation | 868 | ' | ' | ' |
501 N.W. Cashmere Boulevard, Port St. Lucie, FL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 890 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,345 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 487 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 890 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,832 | ' | ' | ' |
Total | 10,722 | ' | ' | ' |
Accumulated Depreciation | 694 | ' | ' | ' |
1699 S.E. Lyngate Drive, Port St. Lucie, FL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,242 | ' | ' | ' |
Buildings, Improvements & Equipment | 11,009 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 509 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,242 | ' | ' | ' |
Buildings, Improvements & Equipment | 11,518 | ' | ' | ' |
Total | 12,760 | ' | ' | ' |
Accumulated Depreciation | 5,526 | ' | ' | ' |
900 South Harbour Island Blvd., Tampa, FL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 4,850 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,349 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 7 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 4,850 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,356 | ' | ' | ' |
Total | 11,206 | ' | ' | ' |
Accumulated Depreciation | 986 | ' | ' | ' |
111 Executive Center Drive, West Palm Beach, FL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 2,061 | ' | ' | ' |
Buildings, Improvements & Equipment | 12,153 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 9,363 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 2,061 | ' | ' | ' |
Buildings, Improvements & Equipment | 21,516 | ' | ' | ' |
Total | 23,577 | ' | ' | ' |
Accumulated Depreciation | 6,411 | ' | ' | ' |
855 North Point Pkwy, Alpharetta, GA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 5,390 | ' | ' | ' |
Buildings, Improvements & Equipment | 26,712 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 5,390 | ' | ' | ' |
Buildings, Improvements & Equipment | 26,712 | ' | ' | ' |
Total | 32,102 | ' | ' | ' |
Accumulated Depreciation | 3,589 | ' | ' | ' |
1291 Cedar Shoals Drive, Athens, GA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 337 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,006 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 397 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 337 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,403 | ' | ' | ' |
Total | 4,740 | ' | ' | ' |
Accumulated Depreciation | 1,104 | ' | ' | ' |
59 Executive Park South, Atlanta, GA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 4,980 | ' | ' | ' |
Buildings, Improvements & Equipment | 11,266 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 474 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 4,980 | ' | ' | ' |
Buildings, Improvements & Equipment | 11,740 | ' | ' | ' |
Total | 16,720 | ' | ' | ' |
Accumulated Depreciation | 847 | ' | ' | ' |
1515 Sheridan Road, Atlanta, GA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 5,800 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,305 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 3 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 5,800 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,308 | ' | ' | ' |
Total | 15,108 | ' | ' | ' |
Accumulated Depreciation | 1,425 | ' | ' | ' |
240 Marietta Highway, Canton, GA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 806 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,555 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 359 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 806 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,914 | ' | ' | ' |
Total | 9,720 | ' | ' | ' |
Accumulated Depreciation | 50 | ' | ' | ' |
4500 South Stadium Drive, Columbus, GA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 294 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,505 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 132 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 294 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,637 | ' | ' | ' |
Total | 3,931 | ' | ' | ' |
Accumulated Depreciation | 927 | ' | ' | ' |
1352 Wellbrook Circle, Conyers, GA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 342 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,068 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 822 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 342 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,890 | ' | ' | ' |
Total | 5,232 | ' | ' | ' |
Accumulated Depreciation | 1,162 | ' | ' | ' |
1501 Milstead Road, Conyers, GA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 750 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,788 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 750 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,788 | ' | ' | ' |
Total | 8,538 | ' | ' | ' |
Accumulated Depreciation | 634 | ' | ' | ' |
4960 Jot Em Down Road, Cumming, GA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,548 | ' | ' | ' |
Buildings, Improvements & Equipment | 18,666 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 887 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,548 | ' | ' | ' |
Buildings, Improvements & Equipment | 19,553 | ' | ' | ' |
Total | 21,101 | ' | ' | ' |
Accumulated Depreciation | 204 | ' | ' | ' |
2470 Dug Gap Road, Dalton, GA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 262 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,119 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 343 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 262 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,462 | ' | ' | ' |
Total | 3,724 | ' | ' | ' |
Accumulated Depreciation | 843 | ' | ' | ' |
101 West Ponce De Leon Avenue, Decatur, GA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 3,500 | ' | ' | ' |
Buildings, Improvements & Equipment | 13,179 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 3,500 | ' | ' | ' |
Buildings, Improvements & Equipment | 13,179 | ' | ' | ' |
Total | 16,679 | ' | ' | ' |
Accumulated Depreciation | 522 | ' | ' | ' |
2801 N. Decatur Road, Decatur, GA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 3,100 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,436 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 516 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 3,100 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,952 | ' | ' | ' |
Total | 8,052 | ' | ' | ' |
Accumulated Depreciation | 733 | ' | ' | ' |
114 Penland Street, Ellijay, GA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 496 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,107 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 217 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 496 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,324 | ' | ' | ' |
Total | 7,820 | ' | ' | ' |
Accumulated Depreciation | 41 | ' | ' | ' |
353 North Belair Road, Evans, GA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 230 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,663 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 347 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 230 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,010 | ' | ' | ' |
Total | 3,240 | ' | ' | ' |
Accumulated Depreciation | 775 | ' | ' | ' |
2435 Limestone Parkway, Gainesville, GA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 268 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,186 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 191 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 268 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,377 | ' | ' | ' |
Total | 3,645 | ' | ' | ' |
Accumulated Depreciation | 866 | ' | ' | ' |
8080 Summit Business Parkway, Jonesboro, GA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,800 | ' | ' | ' |
Buildings, Improvements & Equipment | 20,664 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 384 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,800 | ' | ' | ' |
Buildings, Improvements & Equipment | 21,048 | ' | ' | ' |
Total | 22,848 | ' | ' | ' |
Accumulated Depreciation | 1,515 | ' | ' | ' |
6191 Peake Road, Macon, GA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 183 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,179 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 284 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 183 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,463 | ' | ' | ' |
Total | 2,646 | ' | ' | ' |
Accumulated Depreciation | 631 | ' | ' | ' |
1360 Upper Hembree Road, Roswell, GA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,080 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,138 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,080 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,138 | ' | ' | ' |
Total | 7,218 | ' | ' | ' |
Accumulated Depreciation | 256 | ' | ' | ' |
5200 Habersham Street, Savannah (4), GA | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 4,502 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 800 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,800 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 143 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 800 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,943 | ' | ' | ' |
Total | 8,743 | ' | ' | ' |
Accumulated Depreciation | 575 | ' | ' | ' |
7410 Skidaway Road, Savannah, GA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 400 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,670 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 794 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 400 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,464 | ' | ' | ' |
Total | 6,864 | ' | ' | ' |
Accumulated Depreciation | 1,352 | ' | ' | ' |
1 Savannah Square Drive, Savannah, GA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,200 | ' | ' | ' |
Buildings, Improvements & Equipment | 19,090 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 3,991 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,200 | ' | ' | ' |
Buildings, Improvements & Equipment | 23,081 | ' | ' | ' |
Total | 24,281 | ' | ' | ' |
Accumulated Depreciation | 4,227 | ' | ' | ' |
2078 Scenic Highway North, Snellville, GA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 870 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,030 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 121 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 870 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,151 | ' | ' | ' |
Total | 5,021 | ' | ' | ' |
Accumulated Depreciation | 474 | ' | ' | ' |
1300 Montreal Road, Tucker, GA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 690 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,210 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 711 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 690 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,921 | ' | ' | ' |
Total | 7,611 | ' | ' | ' |
Accumulated Depreciation | 1,639 | ' | ' | ' |
1100 Ward Avenue, Honolulu (4), HI | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 52,000 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 11,200 | ' | ' | ' |
Buildings, Improvements & Equipment | 55,618 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 173 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 11,200 | ' | ' | ' |
Buildings, Improvements & Equipment | 55,791 | ' | ' | ' |
Total | 66,991 | ' | ' | ' |
Accumulated Depreciation | 2,087 | ' | ' | ' |
600 Manor Drive, Clarinda, IA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 77 | ' | ' | ' |
Buildings, Improvements & Equipment | 1,453 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 906 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 77 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,359 | ' | ' | ' |
Total | 2,436 | ' | ' | ' |
Accumulated Depreciation | 1,297 | ' | ' | ' |
2401 E. 8th Street, Des Moines, IA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 123 | ' | ' | ' |
Buildings, Improvements & Equipment | 627 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 894 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 123 | ' | ' | ' |
Buildings, Improvements & Equipment | 1,521 | ' | ' | ' |
Total | 1,644 | ' | ' | ' |
Accumulated Depreciation | 628 | ' | ' | ' |
608 Prairie Street, Mediapolis, IA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 94 | ' | ' | ' |
Buildings, Improvements & Equipment | 1,776 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 714 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 94 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,490 | ' | ' | ' |
Total | 2,584 | ' | ' | ' |
Accumulated Depreciation | 1,383 | ' | ' | ' |
1015 West Summit, Winterset, IA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 111 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,099 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,313 | ' | ' | ' |
Impairment | -314 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 111 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,098 | ' | ' | ' |
Total | 3,209 | ' | ' | ' |
Accumulated Depreciation | 1,704 | ' | ' | ' |
2340 West Seltice Way, Coeur d'Alene, ID | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 910 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,170 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 122 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 910 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,292 | ' | ' | ' |
Total | 8,202 | ' | ' | ' |
Accumulated Depreciation | 295 | ' | ' | ' |
850 Lincoln Drive, Idaho Falls, ID | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 510 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,640 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 395 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 510 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,035 | ' | ' | ' |
Total | 7,545 | ' | ' | ' |
Accumulated Depreciation | 277 | ' | ' | ' |
1250 West Central Road, Arlington Heights, IL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 3,665 | ' | ' | ' |
Buildings, Improvements & Equipment | 32,587 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,999 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 3,665 | ' | ' | ' |
Buildings, Improvements & Equipment | 34,586 | ' | ' | ' |
Total | 38,251 | ' | ' | ' |
Accumulated Depreciation | 15,990 | ' | ' | ' |
1450 Busch Parkway, Buffalo Grove, IL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 3,800 | ' | ' | ' |
Buildings, Improvements & Equipment | 11,456 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 163 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 3,800 | ' | ' | ' |
Buildings, Improvements & Equipment | 11,619 | ' | ' | ' |
Total | 15,419 | ' | ' | ' |
Accumulated Depreciation | 944 | ' | ' | ' |
7130 Crimson Ridge Drive, Rockford, IL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 200 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,300 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 14 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 200 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,314 | ' | ' | ' |
Total | 7,514 | ' | ' | ' |
Accumulated Depreciation | 538 | ' | ' | ' |
1220 Lakeview Drive, Romeoville, IL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,120 | ' | ' | ' |
Buildings, Improvements & Equipment | 19,582 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,120 | ' | ' | ' |
Buildings, Improvements & Equipment | 19,582 | ' | ' | ' |
Total | 20,702 | ' | ' | ' |
Accumulated Depreciation | 2,631 | ' | ' | ' |
900 Southwind Road, Springfield, IL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 300 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,744 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,014 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 300 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,758 | ' | ' | ' |
Total | 8,058 | ' | ' | ' |
Accumulated Depreciation | 1,532 | ' | ' | ' |
1675 Lakeside Drive, Waukegan, IL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 2,420 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,382 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 38 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 2,420 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,420 | ' | ' | ' |
Total | 11,840 | ' | ' | ' |
Accumulated Depreciation | 528 | ' | ' | ' |
1615 Lakeside Drive, Waukegan, IL | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 2,700 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,590 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 161 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 2,700 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,751 | ' | ' | ' |
Total | 12,451 | ' | ' | ' |
Accumulated Depreciation | 543 | ' | ' | ' |
406 Smith Drive, Auburn (4), IN | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 6,561 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 380 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,246 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 40 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 380 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,286 | ' | ' | ' |
Total | 8,666 | ' | ' | ' |
Accumulated Depreciation | 1,173 | ' | ' | ' |
6990 East County Road 100 North, Avon (4), IN | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 9,378 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 850 | ' | ' | ' |
Buildings, Improvements & Equipment | 11,888 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 152 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 850 | ' | ' | ' |
Buildings, Improvements & Equipment | 12,040 | ' | ' | ' |
Total | 12,890 | ' | ' | ' |
Accumulated Depreciation | 1,698 | ' | ' | ' |
2455 Tamarack Trail, Bloomington, IN | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 5,400 | ' | ' | ' |
Buildings, Improvements & Equipment | 25,129 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 3,000 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 5,400 | ' | ' | ' |
Buildings, Improvements & Equipment | 28,129 | ' | ' | ' |
Total | 33,529 | ' | ' | ' |
Accumulated Depreciation | 3,438 | ' | ' | ' |
701 East County Line Road, Greenwood, IN | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,830 | ' | ' | ' |
Buildings, Improvements & Equipment | 14,303 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 103 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,830 | ' | ' | ' |
Buildings, Improvements & Equipment | 14,406 | ' | ' | ' |
Total | 16,236 | ' | ' | ' |
Accumulated Depreciation | 749 | ' | ' | ' |
8505 Woodfield Crossing Boulevard, Indianapolis (4), IN | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 24,479 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 2,785 | ' | ' | ' |
Buildings, Improvements & Equipment | 16,396 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 5,363 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 2,785 | ' | ' | ' |
Buildings, Improvements & Equipment | 21,759 | ' | ' | ' |
Total | 24,544 | ' | ' | ' |
Accumulated Depreciation | 6,892 | ' | ' | ' |
603 Saint Joseph Drive, Kokomo (4), IN | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 4,155 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 220 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,899 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 163 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 220 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,062 | ' | ' | ' |
Total | 6,282 | ' | ' | ' |
Accumulated Depreciation | 872 | ' | ' | ' |
1211 Longwood Drive, La Porte (4), IN | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 4,584 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 770 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,550 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 35 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 770 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,585 | ' | ' | ' |
Total | 6,355 | ' | ' | ' |
Accumulated Depreciation | 826 | ' | ' | ' |
1590 West Timberview Drive, Marion (4), IN | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 3,864 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 410 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,409 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 209 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 410 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,618 | ' | ' | ' |
Total | 6,028 | ' | ' | ' |
Accumulated Depreciation | 816 | ' | ' | ' |
1473 East McKay Road, Shelbyville (4), IN | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 3,725 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 190 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,328 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 79 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 190 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,407 | ' | ' | ' |
Total | 5,597 | ' | ' | ' |
Accumulated Depreciation | 784 | ' | ' | ' |
17441 State Rd. #23 (aka 17490 E. Douglas Rd.), South Bend, IN | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 400 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,107 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 400 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,107 | ' | ' | ' |
Total | 3,507 | ' | ' | ' |
Accumulated Depreciation | 960 | ' | ' | ' |
222 South 25th Street, Terra Haute (4), IN | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 10,798 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 300 | ' | ' | ' |
Buildings, Improvements & Equipment | 13,115 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 46 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 300 | ' | ' | ' |
Buildings, Improvements & Equipment | 13,161 | ' | ' | ' |
Total | 13,461 | ' | ' | ' |
Accumulated Depreciation | 1,893 | ' | ' | ' |
150 Fox Ridge Drive, Vincennes (4), IN | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 2,688 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 110 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,603 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 349 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 110 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,952 | ' | ' | ' |
Total | 4,062 | ' | ' | ' |
Accumulated Depreciation | 575 | ' | ' | ' |
510 W. 7th Street, Ellinwood, KS | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 130 | ' | ' | ' |
Buildings, Improvements & Equipment | 1,137 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 497 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 130 | ' | ' | ' |
Buildings, Improvements & Equipment | 1,634 | ' | ' | ' |
Total | 1,764 | ' | ' | ' |
Accumulated Depreciation | 791 | ' | ' | ' |
1501 Inverness Drive, Lawrence, KS | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,600 | ' | ' | ' |
Buildings, Improvements & Equipment | 18,565 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 272 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,600 | ' | ' | ' |
Buildings, Improvements & Equipment | 18,837 | ' | ' | ' |
Total | 20,437 | ' | ' | ' |
Accumulated Depreciation | 2,279 | ' | ' | ' |
3501 West 95th Street, Overland Park (4), KS | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 20,122 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 2,568 | ' | ' | ' |
Buildings, Improvements & Equipment | 15,140 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 3,642 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 2,568 | ' | ' | ' |
Buildings, Improvements & Equipment | 18,782 | ' | ' | ' |
Total | 21,350 | ' | ' | ' |
Accumulated Depreciation | 6,248 | ' | ' | ' |
6555 West 75th Street , Overland Park, KS | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,274 | ' | ' | ' |
Buildings, Improvements & Equipment | 1,126 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 12,399 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,274 | ' | ' | ' |
Buildings, Improvements & Equipment | 13,525 | ' | ' | ' |
Total | 14,799 | ' | ' | ' |
Accumulated Depreciation | 4,211 | ' | ' | ' |
981 Campbell Lane, Bowling Green, KY | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 365 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,345 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 487 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 365 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,832 | ' | ' | ' |
Total | 5,197 | ' | ' | ' |
Accumulated Depreciation | 1,186 | ' | ' | ' |
102 Leonardwood, Frankfort, KY | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 560 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,282 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,180 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 560 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,462 | ' | ' | ' |
Total | 10,022 | ' | ' | ' |
Accumulated Depreciation | 1,851 | ' | ' | ' |
4190 Lafayette Road, Hopkinsville, KY | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 316 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,761 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 185 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 316 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,946 | ' | ' | ' |
Total | 4,262 | ' | ' | ' |
Accumulated Depreciation | 999 | ' | ' | ' |
690 Mason Headley Road, Lexington (5), KY | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 10,885 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Buildings, Improvements & Equipment | 10,848 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 11,193 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Buildings, Improvements & Equipment | 22,041 | ' | ' | ' |
Total | 22,041 | ' | ' | ' |
Accumulated Depreciation | 10,056 | ' | ' | ' |
700 Mason Headley Road, Lexington (5), KY | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 2,428 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Buildings, Improvements & Equipment | 6,394 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 5,552 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Buildings, Improvements & Equipment | 11,946 | ' | ' | ' |
Total | 11,946 | ' | ' | ' |
Accumulated Depreciation | 5,304 | ' | ' | ' |
200 Brookside Drive, Louisville (4), KY | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 29,613 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 3,524 | ' | ' | ' |
Buildings, Improvements & Equipment | 20,779 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 5,596 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 3,524 | ' | ' | ' |
Buildings, Improvements & Equipment | 26,375 | ' | ' | ' |
Total | 29,899 | ' | ' | ' |
Accumulated Depreciation | 9,021 | ' | ' | ' |
1517 West Broadway, Mayfield, KY | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 268 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,730 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 736 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 268 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,466 | ' | ' | ' |
Total | 3,734 | ' | ' | ' |
Accumulated Depreciation | 874 | ' | ' | ' |
1700 Elmdale Road, Paducah, KY | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 450 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,358 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 822 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 450 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,180 | ' | ' | ' |
Total | 6,630 | ' | ' | ' |
Accumulated Depreciation | 1,480 | ' | ' | ' |
100 Neighborly Way, Somerset, KY | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 200 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,919 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 257 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 200 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,176 | ' | ' | ' |
Total | 5,376 | ' | ' | ' |
Accumulated Depreciation | 918 | ' | ' | ' |
35 Milbury St, Auburn, MA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,510 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,000 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 310 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,510 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,310 | ' | ' | ' |
Total | 8,820 | ' | ' | ' |
Accumulated Depreciation | 1,012 | ' | ' | ' |
1295 Boylston Street, Boston, MA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 7,600 | ' | ' | ' |
Buildings, Improvements & Equipment | 18,140 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 53 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 7,600 | ' | ' | ' |
Buildings, Improvements & Equipment | 18,193 | ' | ' | ' |
Total | 25,793 | ' | ' | ' |
Accumulated Depreciation | 1,323 | ' | ' | ' |
549 Albany Street, Boston, MA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 4,576 | ' | ' | ' |
Buildings, Improvements & Equipment | 45,105 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 4,576 | ' | ' | ' |
Buildings, Improvements & Equipment | 45,105 | ' | ' | ' |
Total | 49,681 | ' | ' | ' |
Accumulated Depreciation | 376 | ' | ' | ' |
370 Lunenburg St, Fitchburg, MA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 330 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,361 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 32 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 330 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,393 | ' | ' | ' |
Total | 3,723 | ' | ' | ' |
Accumulated Depreciation | 456 | ' | ' | ' |
165 Mill St, Leominster, MA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,520 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,703 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 718 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,520 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,421 | ' | ' | ' |
Total | 10,941 | ' | ' | ' |
Accumulated Depreciation | 1,284 | ' | ' | ' |
4 Maguire Road, Lexington, MA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 3,600 | ' | ' | ' |
Buildings, Improvements & Equipment | 15,555 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,927 | ' | ' | ' |
Impairment | -7,255 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 3,600 | ' | ' | ' |
Buildings, Improvements & Equipment | 10,227 | ' | ' | ' |
Total | 13,827 | ' | ' | ' |
Accumulated Depreciation | 1,688 | ' | ' | ' |
100 Hampshire Street, Mansfield, MA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 2,090 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,215 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 2,090 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,215 | ' | ' | ' |
Total | 10,305 | ' | ' | ' |
Accumulated Depreciation | 616 | ' | ' | ' |
15 Hampshire Street, Mansfield, MA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,360 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,326 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 108 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,360 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,434 | ' | ' | ' |
Total | 8,794 | ' | ' | ' |
Accumulated Depreciation | 558 | ' | ' | ' |
5 Hampshire Street, Mansfield, MA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,190 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,737 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,190 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,737 | ' | ' | ' |
Total | 6,927 | ' | ' | ' |
Accumulated Depreciation | 430 | ' | ' | ' |
176 West St, Milford, MA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 510 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,039 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 595 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 510 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,634 | ' | ' | ' |
Total | 4,144 | ' | ' | ' |
Accumulated Depreciation | 625 | ' | ' | ' |
108 Elm St, Millbury, MA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 160 | ' | ' | ' |
Buildings, Improvements & Equipment | 767 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 160 | ' | ' | ' |
Buildings, Improvements & Equipment | 767 | ' | ' | ' |
Total | 927 | ' | ' | ' |
Accumulated Depreciation | 104 | ' | ' | ' |
30 Newcrossing Road, Reading (4), MA | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 11,245 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,443 | ' | ' | ' |
Buildings, Improvements & Equipment | 14,153 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 26 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,443 | ' | ' | ' |
Buildings, Improvements & Equipment | 14,179 | ' | ' | ' |
Total | 15,622 | ' | ' | ' |
Accumulated Depreciation | 442 | ' | ' | ' |
407 Main St, Spencer, MA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 270 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,607 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 476 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 270 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,083 | ' | ' | ' |
Total | 3,353 | ' | ' | ' |
Accumulated Depreciation | 470 | ' | ' | ' |
106 East Main, Westborough, MA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 920 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,956 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 126 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 920 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,082 | ' | ' | ' |
Total | 8,002 | ' | ' | ' |
Accumulated Depreciation | 956 | ' | ' | ' |
112 East Main, Westborough, MA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 230 | ' | ' | ' |
Buildings, Improvements & Equipment | 135 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 230 | ' | ' | ' |
Buildings, Improvements & Equipment | 135 | ' | ' | ' |
Total | 365 | ' | ' | ' |
Accumulated Depreciation | 20 | ' | ' | ' |
299 Cambridge Street, Winchester, MA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 3,218 | ' | ' | ' |
Buildings, Improvements & Equipment | 18,988 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 10,144 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 3,218 | ' | ' | ' |
Buildings, Improvements & Equipment | 29,132 | ' | ' | ' |
Total | 32,350 | ' | ' | ' |
Accumulated Depreciation | 8,062 | ' | ' | ' |
135 Goldstar Blvd, Worcester, MA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 865 | ' | ' | ' |
Buildings, Improvements & Equipment | 10,912 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,136 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 865 | ' | ' | ' |
Buildings, Improvements & Equipment | 12,048 | ' | ' | ' |
Total | 12,913 | ' | ' | ' |
Accumulated Depreciation | 1,543 | ' | ' | ' |
191 May St, Worcester, MA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 730 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,634 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 42 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 730 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,676 | ' | ' | ' |
Total | 4,406 | ' | ' | ' |
Accumulated Depreciation | 495 | ' | ' | ' |
277 E Mountain, Worcester, MA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 191 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,133 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 113 | ' | ' | ' |
Impairment | -889 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 191 | ' | ' | ' |
Buildings, Improvements & Equipment | 1,357 | ' | ' | ' |
Total | 1,548 | ' | ' | ' |
Accumulated Depreciation | 208 | ' | ' | ' |
425 N Lake Ave, Worcester, MA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,200 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,176 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 101 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,200 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,277 | ' | ' | ' |
Total | 7,477 | ' | ' | ' |
Accumulated Depreciation | 848 | ' | ' | ' |
630 Plantation St, Worcester, MA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 770 | ' | ' | ' |
Buildings, Improvements & Equipment | 10,408 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 528 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 770 | ' | ' | ' |
Buildings, Improvements & Equipment | 10,936 | ' | ' | ' |
Total | 11,706 | ' | ' | ' |
Accumulated Depreciation | 1,536 | ' | ' | ' |
2717 Riva Road, Annapolis, MD | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,290 | ' | ' | ' |
Buildings, Improvements & Equipment | 12,373 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 515 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,290 | ' | ' | ' |
Buildings, Improvements & Equipment | 12,888 | ' | ' | ' |
Total | 14,178 | ' | ' | ' |
Accumulated Depreciation | 1,855 | ' | ' | ' |
658 Boulton Street, Bel Air, MD | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 4,750 | ' | ' | ' |
Buildings, Improvements & Equipment | 16,504 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 2 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 4,750 | ' | ' | ' |
Buildings, Improvements & Equipment | 16,506 | ' | ' | ' |
Total | 21,256 | ' | ' | ' |
Accumulated Depreciation | 2,527 | ' | ' | ' |
7600 Laurel Bowie Road, Bowie, MD | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 408 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,421 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 416 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 408 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,837 | ' | ' | ' |
Total | 4,245 | ' | ' | ' |
Accumulated Depreciation | 1,263 | ' | ' | ' |
8100 Connecticut Avenue, Chevy Chase (4), MD | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 55,346 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 15,170 | ' | ' | ' |
Buildings, Improvements & Equipment | 92,830 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,230 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 15,175 | ' | ' | ' |
Buildings, Improvements & Equipment | 94,055 | ' | ' | ' |
Total | 109,230 | ' | ' | ' |
Accumulated Depreciation | 5,141 | ' | ' | ' |
8220 Snowden River Parkway, Columbia, MD | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,390 | ' | ' | ' |
Buildings, Improvements & Equipment | 10,303 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 155 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,390 | ' | ' | ' |
Buildings, Improvements & Equipment | 10,458 | ' | ' | ' |
Total | 11,848 | ' | ' | ' |
Accumulated Depreciation | 1,520 | ' | ' | ' |
700 Port Street , Easton, MD | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 383 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,555 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 2,961 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 383 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,516 | ' | ' | ' |
Total | 7,899 | ' | ' | ' |
Accumulated Depreciation | 1,864 | ' | ' | ' |
3004 North Ridge Road , Ellicott City (4), MD | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 19,819 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,409 | ' | ' | ' |
Buildings, Improvements & Equipment | 22,691 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 6,218 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,409 | ' | ' | ' |
Buildings, Improvements & Equipment | 28,909 | ' | ' | ' |
Total | 30,318 | ' | ' | ' |
Accumulated Depreciation | 7,734 | ' | ' | ' |
1820 Latham Drive , Frederick, MD | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 385 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,444 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 427 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 385 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,871 | ' | ' | ' |
Total | 4,256 | ' | ' | ' |
Accumulated Depreciation | 1,279 | ' | ' | ' |
2100A & B Whittier Drive, Frederick, MD | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,260 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,464 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 933 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,260 | ' | ' | ' |
Buildings, Improvements & Equipment | 10,397 | ' | ' | ' |
Total | 11,657 | ' | ' | ' |
Accumulated Depreciation | 1,425 | ' | ' | ' |
10114 + 10116 Sharpsburg Pike, Hagerstown, MD | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,040 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,471 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 227 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,040 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,698 | ' | ' | ' |
Total | 8,738 | ' | ' | ' |
Accumulated Depreciation | 1,110 | ' | ' | ' |
4000 Old Court Road, Pikesville, MD | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 2,000 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,974 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 308 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 2,000 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,282 | ' | ' | ' |
Total | 7,282 | ' | ' | ' |
Accumulated Depreciation | 675 | ' | ' | ' |
715 Benfield Road, Severna Park (4), MD | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 8,761 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 229 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,798 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,629 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 229 | ' | ' | ' |
Buildings, Improvements & Equipment | 11,427 | ' | ' | ' |
Total | 11,656 | ' | ' | ' |
Accumulated Depreciation | 3,557 | ' | ' | ' |
801 Roeder Road, Unit OU-1, Silver Spring, MD | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,900 | ' | ' | ' |
Buildings, Improvements & Equipment | 12,858 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 351 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,900 | ' | ' | ' |
Buildings, Improvements & Equipment | 13,209 | ' | ' | ' |
Total | 15,109 | ' | ' | ' |
Accumulated Depreciation | 509 | ' | ' | ' |
14400 Homecrest Road , Silver Spring, MD | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,200 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,288 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 6,070 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,200 | ' | ' | ' |
Buildings, Improvements & Equipment | 15,358 | ' | ' | ' |
Total | 16,558 | ' | ' | ' |
Accumulated Depreciation | 4,469 | ' | ' | ' |
3701 International Drive, Silver Spring, MD | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 3,301 | ' | ' | ' |
Buildings, Improvements & Equipment | 29,065 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 714 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 3,301 | ' | ' | ' |
Buildings, Improvements & Equipment | 29,779 | ' | ' | ' |
Total | 33,080 | ' | ' | ' |
Accumulated Depreciation | 14,486 | ' | ' | ' |
720 & 734 N. Pine Road, Hampton, MI | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 300 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,406 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 300 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,406 | ' | ' | ' |
Total | 2,706 | ' | ' | ' |
Accumulated Depreciation | 744 | ' | ' | ' |
4004 & 4012 Waldo Road, Midland, MI | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 400 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,606 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 400 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,606 | ' | ' | ' |
Total | 3,006 | ' | ' | ' |
Accumulated Depreciation | 811 | ' | ' | ' |
1605 & 1615 Fredericks Drive, Monroe, MI | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 300 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,506 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 300 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,506 | ' | ' | ' |
Total | 2,806 | ' | ' | ' |
Accumulated Depreciation | 778 | ' | ' | ' |
3150 & 3100 Old Centre Road, Portage, MI | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 300 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,206 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 300 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,206 | ' | ' | ' |
Total | 2,506 | ' | ' | ' |
Accumulated Depreciation | 683 | ' | ' | ' |
2445 & 2485 Mc Carty Road, Saginaw, MI | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 600 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,212 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 600 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,212 | ' | ' | ' |
Total | 5,812 | ' | ' | ' |
Accumulated Depreciation | 1,610 | ' | ' | ' |
11855 Ulysses Street NE, Blaine (4), MN | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 9,425 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 2,774 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,276 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 6 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 2,774 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,282 | ' | ' | ' |
Total | 12,056 | ' | ' | ' |
Accumulated Depreciation | 232 | ' | ' | ' |
1305 Corporate Center Drive, Eagan, MN | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 2,300 | ' | ' | ' |
Buildings, Improvements & Equipment | 13,105 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 103 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 2,300 | ' | ' | ' |
Buildings, Improvements & Equipment | 13,208 | ' | ' | ' |
Total | 15,508 | ' | ' | ' |
Accumulated Depreciation | 987 | ' | ' | ' |
1201 Northland Drive, Mendota Heights, MN | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,220 | ' | ' | ' |
Buildings, Improvements & Equipment | 10,208 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 95 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,220 | ' | ' | ' |
Buildings, Improvements & Equipment | 10,303 | ' | ' | ' |
Total | 11,523 | ' | ' | ' |
Accumulated Depreciation | 747 | ' | ' | ' |
20500/20600 South Diamond Lake Road, Rogers, MN | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 2,760 | ' | ' | ' |
Buildings, Improvements & Equipment | 45,789 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 863 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 2,760 | ' | ' | ' |
Buildings, Improvements & Equipment | 46,652 | ' | ' | ' |
Total | 49,412 | ' | ' | ' |
Accumulated Depreciation | 7,034 | ' | ' | ' |
2200 County Road C West, Roseville, MN | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 590 | ' | ' | ' |
Buildings, Improvements & Equipment | 702 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 590 | ' | ' | ' |
Buildings, Improvements & Equipment | 702 | ' | ' | ' |
Total | 1,292 | ' | ' | ' |
Accumulated Depreciation | 39 | ' | ' | ' |
4166 Lexington Avenue N, Shoreview, MN | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,300 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,547 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 92 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,320 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,619 | ' | ' | ' |
Total | 5,939 | ' | ' | ' |
Accumulated Depreciation | 297 | ' | ' | ' |
305 & 315 Thompson Avenue, West St. Paul, MN | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 400 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,506 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 400 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,506 | ' | ' | ' |
Total | 2,906 | ' | ' | ' |
Accumulated Depreciation | 867 | ' | ' | ' |
1365 Crestridge Lane, West St. Paul, MN | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 400 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,608 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 100 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 400 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,708 | ' | ' | ' |
Total | 4,108 | ' | ' | ' |
Accumulated Depreciation | 1,263 | ' | ' | ' |
3828 College View Drive, Joplin (4), MO | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 5,720 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 260 | ' | ' | ' |
Buildings, Improvements & Equipment | 11,382 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 92 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 260 | ' | ' | ' |
Buildings, Improvements & Equipment | 11,474 | ' | ' | ' |
Total | 11,734 | ' | ' | ' |
Accumulated Depreciation | 442 | ' | ' | ' |
1 Lincoln Parkway, Hattiesburg, MS | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,269 | ' | ' | ' |
Buildings, Improvements & Equipment | 11,691 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,269 | ' | ' | ' |
Buildings, Improvements & Equipment | 11,691 | ' | ' | ' |
Total | 12,960 | ' | ' | ' |
Accumulated Depreciation | 219 | ' | ' | ' |
1488 Belk Boulevard, Oxford, MS | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 450 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,791 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 304 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 450 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,095 | ' | ' | ' |
Total | 6,545 | ' | ' | ' |
Accumulated Depreciation | 1,136 | ' | ' | ' |
108 Clarington Drive, Southaven, MS | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 450 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,795 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 355 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 450 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,150 | ' | ' | ' |
Total | 6,600 | ' | ' | ' |
Accumulated Depreciation | 1,145 | ' | ' | ' |
112 + 118 Alamance Road, Burlington (4), NC | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 6,363 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 575 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,697 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 219 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 575 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,916 | ' | ' | ' |
Total | 10,491 | ' | ' | ' |
Accumulated Depreciation | 680 | ' | ' | ' |
1050 Crescent Green Drive, Cary (4), NC | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 8,369 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 713 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,628 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,949 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 713 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,577 | ' | ' | ' |
Total | 7,290 | ' | ' | ' |
Accumulated Depreciation | 2,145 | ' | ' | ' |
2220 & 2230 Farmington Drive, Chapel Hill, NC | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 800 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,414 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 800 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,414 | ' | ' | ' |
Total | 7,214 | ' | ' | ' |
Accumulated Depreciation | 1,981 | ' | ' | ' |
5920 McChesney Drive, Charlotte, NC | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 820 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,790 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 45 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 820 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,835 | ' | ' | ' |
Total | 8,655 | ' | ' | ' |
Accumulated Depreciation | 912 | ' | ' | ' |
6101 Clarke Creek Parkway, Charlotte, NC | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 500 | ' | ' | ' |
Buildings, Improvements & Equipment | 13,960 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 36 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 500 | ' | ' | ' |
Buildings, Improvements & Equipment | 13,996 | ' | ' | ' |
Total | 14,496 | ' | ' | ' |
Accumulated Depreciation | 1,616 | ' | ' | ' |
2101 Runnymede Lane, Charlotte, NC | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 2,475 | ' | ' | ' |
Buildings, Improvements & Equipment | 11,451 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 271 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 2,475 | ' | ' | ' |
Buildings, Improvements & Equipment | 11,722 | ' | ' | ' |
Total | 14,197 | ' | ' | ' |
Accumulated Depreciation | 834 | ' | ' | ' |
1002 State Highway 54, Durham, NC | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 595 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,200 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 79 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 595 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,279 | ' | ' | ' |
Total | 5,874 | ' | ' | ' |
Accumulated Depreciation | 365 | ' | ' | ' |
1001 Phifer Road, Kings Mountain (4), NC | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 3,171 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 655 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,283 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 183 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 655 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,466 | ' | ' | ' |
Total | 9,121 | ' | ' | ' |
Accumulated Depreciation | 602 | ' | ' | ' |
128 Brawley School, Mooresville (4), NC | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 4,600 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 595 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,305 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 189 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 595 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,494 | ' | ' | ' |
Total | 8,089 | ' | ' | ' |
Accumulated Depreciation | 498 | ' | ' | ' |
1309 , 1321 + 1325 McCarthy Boulevard, New Bern (4), NC | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 5,020 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,245 | ' | ' | ' |
Buildings, Improvements & Equipment | 20,898 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 262 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,245 | ' | ' | ' |
Buildings, Improvements & Equipment | 21,160 | ' | ' | ' |
Total | 22,405 | ' | ' | ' |
Accumulated Depreciation | 1,440 | ' | ' | ' |
13150 Dorman Road, Pineville, NC | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 550 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,570 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 140 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 550 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,710 | ' | ' | ' |
Total | 8,260 | ' | ' | ' |
Accumulated Depreciation | 881 | ' | ' | ' |
13180 Dorman Road, Pineville, NC | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 630 | ' | ' | ' |
Buildings, Improvements & Equipment | 15,230 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 7 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 630 | ' | ' | ' |
Buildings, Improvements & Equipment | 15,237 | ' | ' | ' |
Total | 15,867 | ' | ' | ' |
Accumulated Depreciation | 1,759 | ' | ' | ' |
1730 Parkwood Boulevard West, Wilson (4), NC | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 2,805 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 610 | ' | ' | ' |
Buildings, Improvements & Equipment | 14,787 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 39 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 610 | ' | ' | ' |
Buildings, Improvements & Equipment | 14,826 | ' | ' | ' |
Total | 15,436 | ' | ' | ' |
Accumulated Depreciation | 1,053 | ' | ' | ' |
1700 Furnace Street, Ashland, NE | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 28 | ' | ' | ' |
Buildings, Improvements & Equipment | 1,823 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,262 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 28 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,085 | ' | ' | ' |
Total | 3,113 | ' | ' | ' |
Accumulated Depreciation | 1,258 | ' | ' | ' |
414 North Wilson Street, Blue Hill , NE | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 56 | ' | ' | ' |
Buildings, Improvements & Equipment | 1,064 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 807 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 56 | ' | ' | ' |
Buildings, Improvements & Equipment | 1,871 | ' | ' | ' |
Total | 1,927 | ' | ' | ' |
Accumulated Depreciation | 741 | ' | ' | ' |
2720 South 17th Ave, Central City, NE | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 21 | ' | ' | ' |
Buildings, Improvements & Equipment | 919 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 650 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 21 | ' | ' | ' |
Buildings, Improvements & Equipment | 1,569 | ' | ' | ' |
Total | 1,590 | ' | ' | ' |
Accumulated Depreciation | 712 | ' | ' | ' |
1112 15th Street, Columbus, NE | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 88 | ' | ' | ' |
Buildings, Improvements & Equipment | 561 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 461 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 88 | ' | ' | ' |
Buildings, Improvements & Equipment | 1,022 | ' | ' | ' |
Total | 1,110 | ' | ' | ' |
Accumulated Depreciation | 469 | ' | ' | ' |
800 Stoeger Drive, Grand Island, NE | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 119 | ' | ' | ' |
Buildings, Improvements & Equipment | 1,446 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,404 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 119 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,850 | ' | ' | ' |
Total | 2,969 | ' | ' | ' |
Accumulated Depreciation | 1,275 | ' | ' | ' |
700 South Highway 6, Gretna, NE | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 237 | ' | ' | ' |
Buildings, Improvements & Equipment | 673 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 890 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 237 | ' | ' | ' |
Buildings, Improvements & Equipment | 1,563 | ' | ' | ' |
Total | 1,800 | ' | ' | ' |
Accumulated Depreciation | 636 | ' | ' | ' |
1100 West First Street, Milford, NE | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 24 | ' | ' | ' |
Buildings, Improvements & Equipment | 880 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 648 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 24 | ' | ' | ' |
Buildings, Improvements & Equipment | 1,528 | ' | ' | ' |
Total | 1,552 | ' | ' | ' |
Accumulated Depreciation | 689 | ' | ' | ' |
510 Centennial Circle , North Platte, NE | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 370 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,968 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 464 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 370 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,432 | ' | ' | ' |
Total | 9,802 | ' | ' | ' |
Accumulated Depreciation | 1,362 | ' | ' | ' |
17007 Elm Plaza, Omaha, NE | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 4,680 | ' | ' | ' |
Buildings, Improvements & Equipment | 22,022 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 4,680 | ' | ' | ' |
Buildings, Improvements & Equipment | 22,022 | ' | ' | ' |
Total | 26,702 | ' | ' | ' |
Accumulated Depreciation | 2,959 | ' | ' | ' |
3030 South 80th Street, Omaha, NE | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 650 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,850 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 416 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 650 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,266 | ' | ' | ' |
Total | 6,916 | ' | ' | ' |
Accumulated Depreciation | 1,490 | ' | ' | ' |
333 Maple, Sutherland, NE | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 19 | ' | ' | ' |
Buildings, Improvements & Equipment | 1,251 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 478 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 19 | ' | ' | ' |
Buildings, Improvements & Equipment | 1,729 | ' | ' | ' |
Total | 1,748 | ' | ' | ' |
Accumulated Depreciation | 701 | ' | ' | ' |
1350 Centenial Ave, Utica, NE | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 21 | ' | ' | ' |
Buildings, Improvements & Equipment | 569 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 447 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 21 | ' | ' | ' |
Buildings, Improvements & Equipment | 1,016 | ' | ' | ' |
Total | 1,037 | ' | ' | ' |
Accumulated Depreciation | 410 | ' | ' | ' |
11041 North 137th Street, Waverly, NE | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 529 | ' | ' | ' |
Buildings, Improvements & Equipment | 686 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 609 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 529 | ' | ' | ' |
Buildings, Improvements & Equipment | 1,295 | ' | ' | ' |
Total | 1,824 | ' | ' | ' |
Accumulated Depreciation | 647 | ' | ' | ' |
490 Cooper Landing Road, Cherry Hill, NJ | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,001 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,175 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,832 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,001 | ' | ' | ' |
Buildings, Improvements & Equipment | 10,007 | ' | ' | ' |
Total | 11,008 | ' | ' | ' |
Accumulated Depreciation | 2,291 | ' | ' | ' |
1400 Route 70, Lakewood (6), NJ | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 14,700 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 4,885 | ' | ' | ' |
Buildings, Improvements & Equipment | 28,803 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 2,537 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 4,885 | ' | ' | ' |
Buildings, Improvements & Equipment | 31,340 | ' | ' | ' |
Total | 36,225 | ' | ' | ' |
Accumulated Depreciation | 10,606 | ' | ' | ' |
2 Hillside Drive, Mt. Arlington, NJ | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,375 | ' | ' | ' |
Buildings, Improvements & Equipment | 11,232 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 757 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,375 | ' | ' | ' |
Buildings, Improvements & Equipment | 11,989 | ' | ' | ' |
Total | 13,364 | ' | ' | ' |
Accumulated Depreciation | 3,174 | ' | ' | ' |
655 Pomander Walk, Teaneck (4), NJ | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 32,581 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 4,950 | ' | ' | ' |
Buildings, Improvements & Equipment | 44,550 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,124 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 4,950 | ' | ' | ' |
Buildings, Improvements & Equipment | 45,674 | ' | ' | ' |
Total | 50,624 | ' | ' | ' |
Accumulated Depreciation | 2,727 | ' | ' | ' |
4411 The 25 Way, Albuquerque, NM | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 3,480 | ' | ' | ' |
Buildings, Improvements & Equipment | 25,245 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,656 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 3,593 | ' | ' | ' |
Buildings, Improvements & Equipment | 26,788 | ' | ' | ' |
Total | 30,381 | ' | ' | ' |
Accumulated Depreciation | 2,247 | ' | ' | ' |
4420 The 25 Way, Albuquerque, NM | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,430 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,609 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 55 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,476 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,618 | ' | ' | ' |
Total | 4,094 | ' | ' | ' |
Accumulated Depreciation | 199 | ' | ' | ' |
10500 Academy Road NE, Albuquerque (4), NM | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 26,360 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 3,828 | ' | ' | ' |
Buildings, Improvements & Equipment | 22,572 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 5,052 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 3,828 | ' | ' | ' |
Buildings, Improvements & Equipment | 27,624 | ' | ' | ' |
Total | 31,452 | ' | ' | ' |
Accumulated Depreciation | 8,793 | ' | ' | ' |
4300 Landau Street NE, Albuquerque, NM | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,060 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,875 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 8 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,060 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,883 | ' | ' | ' |
Total | 10,943 | ' | ' | ' |
Accumulated Depreciation | 1,534 | ' | ' | ' |
4100 Prospect Avenue NE, Albuquerque, NM | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 540 | ' | ' | ' |
Buildings, Improvements & Equipment | 10,105 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 8 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 540 | ' | ' | ' |
Buildings, Improvements & Equipment | 10,113 | ' | ' | ' |
Total | 10,653 | ' | ' | ' |
Accumulated Depreciation | 1,570 | ' | ' | ' |
9190 Coors Boulevard NW, Albuquerque, NM | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,660 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,173 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 8 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,660 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,181 | ' | ' | ' |
Total | 10,841 | ' | ' | ' |
Accumulated Depreciation | 1,425 | ' | ' | ' |
3201 Plumas Street, Reno, NV | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 2,420 | ' | ' | ' |
Buildings, Improvements & Equipment | 49,580 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,001 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 2,420 | ' | ' | ' |
Buildings, Improvements & Equipment | 50,581 | ' | ' | ' |
Total | 53,001 | ' | ' | ' |
Accumulated Depreciation | 2,797 | ' | ' | ' |
6300 Eighth Ave, Brooklyn, NY | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 3,870 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,545 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 6 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 3,870 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,551 | ' | ' | ' |
Total | 12,421 | ' | ' | ' |
Accumulated Depreciation | 1,149 | ' | ' | ' |
5823 Widewaters Parkway, Dewitt, NY | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 600 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,004 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 8 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 600 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,012 | ' | ' | ' |
Total | 5,612 | ' | ' | ' |
Accumulated Depreciation | 282 | ' | ' | ' |
4939 Brittonfield Parkway, East Syracuse, NY | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 720 | ' | ' | ' |
Buildings, Improvements & Equipment | 17,084 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 179 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 720 | ' | ' | ' |
Buildings, Improvements & Equipment | 17,263 | ' | ' | ' |
Total | 17,983 | ' | ' | ' |
Accumulated Depreciation | 2,272 | ' | ' | ' |
5008 Brittonfield Parkway, East Syracuse (4), NY | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 4,488 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 420 | ' | ' | ' |
Buildings, Improvements & Equipment | 18,407 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 166 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 420 | ' | ' | ' |
Buildings, Improvements & Equipment | 18,573 | ' | ' | ' |
Total | 18,993 | ' | ' | ' |
Accumulated Depreciation | 2,515 | ' | ' | ' |
200 Old County Road, Mineola, NY | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 4,920 | ' | ' | ' |
Buildings, Improvements & Equipment | 24,056 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,361 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 4,920 | ' | ' | ' |
Buildings, Improvements & Equipment | 25,417 | ' | ' | ' |
Total | 30,337 | ' | ' | ' |
Accumulated Depreciation | 1,423 | ' | ' | ' |
15 North Broadway, White Plains, NY | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 4,900 | ' | ' | ' |
Buildings, Improvements & Equipment | 13,594 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 4,900 | ' | ' | ' |
Buildings, Improvements & Equipment | 13,594 | ' | ' | ' |
Total | 18,494 | ' | ' | ' |
Accumulated Depreciation | 1,686 | ' | ' | ' |
537 Riverdale Avenue, Yonkers (4), NY | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 30,177 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 8,460 | ' | ' | ' |
Buildings, Improvements & Equipment | 90,561 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 775 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 8,460 | ' | ' | ' |
Buildings, Improvements & Equipment | 91,336 | ' | ' | ' |
Total | 99,796 | ' | ' | ' |
Accumulated Depreciation | 3,442 | ' | ' | ' |
4590 and 4625 Knightsbridge Boulevard, Columbus (4), OH | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 18,361 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 3,623 | ' | ' | ' |
Buildings, Improvements & Equipment | 27,778 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 6,926 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 3,623 | ' | ' | ' |
Buildings, Improvements & Equipment | 34,704 | ' | ' | ' |
Total | 38,327 | ' | ' | ' |
Accumulated Depreciation | 11,644 | ' | ' | ' |
3929 Hoover Road, Grove City, OH | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 332 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,081 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 791 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 332 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,872 | ' | ' | ' |
Total | 4,204 | ' | ' | ' |
Accumulated Depreciation | 1,774 | ' | ' | ' |
5260 Naiman Parkway, Solon, OH | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 450 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,305 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 275 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 545 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,485 | ' | ' | ' |
Total | 3,030 | ' | ' | ' |
Accumulated Depreciation | 202 | ' | ' | ' |
5370 Naiman Parkway, Solon, OH | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 550 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,147 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 54 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 550 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,201 | ' | ' | ' |
Total | 2,751 | ' | ' | ' |
Accumulated Depreciation | 122 | ' | ' | ' |
200 N. Bryant Ave., Edmond, OK | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 430 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,955 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 430 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,955 | ' | ' | ' |
Total | 3,385 | ' | ' | ' |
Accumulated Depreciation | 320 | ' | ' | ' |
600 National Ave, Midwest City, OK | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 410 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,970 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 410 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,970 | ' | ' | ' |
Total | 3,380 | ' | ' | ' |
Accumulated Depreciation | 322 | ' | ' | ' |
701 Northeast 10th Street, Oklahoma City, OK | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 500 | ' | ' | ' |
Buildings, Improvements & Equipment | 19,046 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 500 | ' | ' | ' |
Buildings, Improvements & Equipment | 19,046 | ' | ' | ' |
Total | 19,546 | ' | ' | ' |
Accumulated Depreciation | 2,063 | ' | ' | ' |
8315 S. Walker Ave., Oklahoma City, OK | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 480 | ' | ' | ' |
Buildings, Improvements & Equipment | 1,546 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 480 | ' | ' | ' |
Buildings, Improvements & Equipment | 1,546 | ' | ' | ' |
Total | 2,026 | ' | ' | ' |
Accumulated Depreciation | 168 | ' | ' | ' |
71 Darlington Road, Beaver Falls, PA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,500 | ' | ' | ' |
Buildings, Improvements & Equipment | 13,500 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 413 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,500 | ' | ' | ' |
Buildings, Improvements & Equipment | 13,913 | ' | ' | ' |
Total | 15,413 | ' | ' | ' |
Accumulated Depreciation | 3,246 | ' | ' | ' |
200 Hill Church-Houston RD., Rt. 519 S., Canonsburg, PA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,518 | ' | ' | ' |
Buildings, Improvements & Equipment | 13,493 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 587 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,518 | ' | ' | ' |
Buildings, Improvements & Equipment | 14,080 | ' | ' | ' |
Total | 15,598 | ' | ' | ' |
Accumulated Depreciation | 10,312 | ' | ' | ' |
950 Morgan Highway, Clarks Summit, PA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,001 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,233 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 318 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,001 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,551 | ' | ' | ' |
Total | 9,552 | ' | ' | ' |
Accumulated Depreciation | 2,287 | ' | ' | ' |
145 Broadlawn Drive, Elizabeth, PA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 696 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,304 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 689 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 696 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,993 | ' | ' | ' |
Total | 7,689 | ' | ' | ' |
Accumulated Depreciation | 1,638 | ' | ' | ' |
600 N. Pottstown Pike, Exton, PA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,001 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,233 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,033 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,001 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,266 | ' | ' | ' |
Total | 10,267 | ' | ' | ' |
Accumulated Depreciation | 2,378 | ' | ' | ' |
475 Virginia Drive, Fort Washington, PA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,010 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,837 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 97 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,010 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,934 | ' | ' | ' |
Total | 5,944 | ' | ' | ' |
Accumulated Depreciation | 275 | ' | ' | ' |
525 Virginia Drive, Fort Washington, PA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 3,100 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,775 | ' | ' | ' |
Impairment | -9,222 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 653 | ' | ' | ' |
Total | 653 | ' | ' | ' |
242 Baltimore Pike, Glen Mills, PA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,001 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,233 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 484 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,001 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,717 | ' | ' | ' |
Total | 9,718 | ' | ' | ' |
Accumulated Depreciation | 2,386 | ' | ' | ' |
723 Dresher Road, Horsham, PA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,010 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,456 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 392 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,010 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,848 | ' | ' | ' |
Total | 5,858 | ' | ' | ' |
Accumulated Depreciation | 397 | ' | ' | ' |
210 Mall Boulevard, King of Prussia, PA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,540 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,743 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | -11 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,540 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,732 | ' | ' | ' |
Total | 6,272 | ' | ' | ' |
Accumulated Depreciation | 636 | ' | ' | ' |
216 Mall Boulevard, King of Prussia, PA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 880 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,871 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 880 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,871 | ' | ' | ' |
Total | 3,751 | ' | ' | ' |
Accumulated Depreciation | 209 | ' | ' | ' |
5300 Old William Penn Highway, Murrysville, PA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 300 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,506 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 300 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,506 | ' | ' | ' |
Total | 2,806 | ' | ' | ' |
Accumulated Depreciation | 854 | ' | ' | ' |
800 Manor Drive, New Britain (Chalfont), PA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 979 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,052 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 484 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 979 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,536 | ' | ' | ' |
Total | 9,515 | ' | ' | ' |
Accumulated Depreciation | 2,338 | ' | ' | ' |
7151 Saltsburg Road, Penn Hills, PA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 200 | ' | ' | ' |
Buildings, Improvements & Equipment | 904 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 200 | ' | ' | ' |
Buildings, Improvements & Equipment | 904 | ' | ' | ' |
Total | 1,104 | ' | ' | ' |
Accumulated Depreciation | 310 | ' | ' | ' |
730 Holiday Drive, Pittsburgh, PA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 2,480 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,395 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 908 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 2,480 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,303 | ' | ' | ' |
Total | 9,783 | ' | ' | ' |
Accumulated Depreciation | 518 | ' | ' | ' |
5750 Centre Ave, Pittsburgh, PA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 3,000 | ' | ' | ' |
Buildings, Improvements & Equipment | 11,828 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 684 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 3,000 | ' | ' | ' |
Buildings, Improvements & Equipment | 12,512 | ' | ' | ' |
Total | 15,512 | ' | ' | ' |
Accumulated Depreciation | 1,850 | ' | ' | ' |
3043 Walton Road, Plymouth Meeting, PA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,680 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,187 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 83 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,680 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,270 | ' | ' | ' |
Total | 10,950 | ' | ' | ' |
Accumulated Depreciation | 520 | ' | ' | ' |
1400 Riggs Road, South Park, PA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 898 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,102 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 248 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 898 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,350 | ' | ' | ' |
Total | 9,248 | ' | ' | ' |
Accumulated Depreciation | 1,975 | ' | ' | ' |
700 Northampton Street, Tiffany Court (Kingston), PA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Buildings, Improvements & Equipment | 5,682 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,420 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Buildings, Improvements & Equipment | 7,102 | ' | ' | ' |
Total | 7,102 | ' | ' | ' |
Accumulated Depreciation | 1,811 | ' | ' | ' |
5250 Meadowgreen Drive, Whitehall, PA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,599 | ' | ' | ' |
Buildings, Improvements & Equipment | 14,401 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,182 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,599 | ' | ' | ' |
Buildings, Improvements & Equipment | 15,583 | ' | ' | ' |
Total | 17,182 | ' | ' | ' |
Accumulated Depreciation | 3,640 | ' | ' | ' |
1304 McLees Road, Anderson, SC | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 295 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,509 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 213 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 295 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,722 | ' | ' | ' |
Total | 4,017 | ' | ' | ' |
Accumulated Depreciation | 944 | ' | ' | ' |
109 Old Salem Road, Beaufort, SC | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 188 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,234 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 586 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 188 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,820 | ' | ' | ' |
Total | 3,008 | ' | ' | ' |
Accumulated Depreciation | 843 | ' | ' | ' |
1119 Pick Pocket Plantation Drive, Beaufort, SC | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,200 | ' | ' | ' |
Buildings, Improvements & Equipment | 10,810 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 341 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,200 | ' | ' | ' |
Buildings, Improvements & Equipment | 11,151 | ' | ' | ' |
Total | 12,351 | ' | ' | ' |
Accumulated Depreciation | 797 | ' | ' | ' |
719 Kershaw Highway, Camden, SC | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 322 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,697 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 861 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 322 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,558 | ' | ' | ' |
Total | 4,880 | ' | ' | ' |
Accumulated Depreciation | 1,179 | ' | ' | ' |
2333 Ashley River Road, Charleston (4), SC | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 11,465 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 848 | ' | ' | ' |
Buildings, Improvements & Equipment | 14,000 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 317 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 848 | ' | ' | ' |
Buildings, Improvements & Equipment | 14,317 | ' | ' | ' |
Total | 15,165 | ' | ' | ' |
Accumulated Depreciation | 969 | ' | ' | ' |
320 Seven Farms Drive, Charleston (4), SC | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 4,672 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,092 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,605 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 238 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,092 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,843 | ' | ' | ' |
Total | 7,935 | ' | ' | ' |
Accumulated Depreciation | 304 | ' | ' | ' |
201 Executive Center Drive, Columbia, SC | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 390 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,659 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 98 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 390 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,757 | ' | ' | ' |
Total | 5,147 | ' | ' | ' |
Accumulated Depreciation | 351 | ' | ' | ' |
7909 Parklane Road, Columbia, SC | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,580 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,520 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 296 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,580 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,816 | ' | ' | ' |
Total | 6,396 | ' | ' | ' |
Accumulated Depreciation | 259 | ' | ' | ' |
251 Springtree Drive, Columbia, SC | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 300 | ' | ' | ' |
Buildings, Improvements & Equipment | 1,905 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 300 | ' | ' | ' |
Buildings, Improvements & Equipment | 1,905 | ' | ' | ' |
Total | 2,205 | ' | ' | ' |
Accumulated Depreciation | 589 | ' | ' | ' |
3 Summit Terrace, Columbia, SC | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 610 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,900 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 240 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 610 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,140 | ' | ' | ' |
Total | 8,750 | ' | ' | ' |
Accumulated Depreciation | 920 | ' | ' | ' |
355 Berkmans Lane, Greenville, SC | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 700 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,240 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 85 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 700 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,325 | ' | ' | ' |
Total | 8,025 | ' | ' | ' |
Accumulated Depreciation | 857 | ' | ' | ' |
116 Enterprise Court, Greenwood, SC | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 310 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,790 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 193 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 310 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,983 | ' | ' | ' |
Total | 3,293 | ' | ' | ' |
Accumulated Depreciation | 731 | ' | ' | ' |
1901 West Carolina, Hartsville, SC | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 401 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,775 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 571 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 401 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,346 | ' | ' | ' |
Total | 5,747 | ' | ' | ' |
Accumulated Depreciation | 1,338 | ' | ' | ' |
218 Old Chapin Road, Lexington, SC | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 363 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,322 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 402 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 363 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,724 | ' | ' | ' |
Total | 5,087 | ' | ' | ' |
Accumulated Depreciation | 1,224 | ' | ' | ' |
491 Highway 17, Little River (4), SC | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 5,002 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 750 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,018 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 197 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 750 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,215 | ' | ' | ' |
Total | 9,965 | ' | ' | ' |
Accumulated Depreciation | 618 | ' | ' | ' |
1010 Lake Hunter Circle / 987 Bowman Road, Mt. Pleasant, SC | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 3,898 | ' | ' | ' |
Buildings, Improvements & Equipment | 31,613 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 810 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 3,898 | ' | ' | ' |
Buildings, Improvements & Equipment | 32,423 | ' | ' | ' |
Total | 36,321 | ' | ' | ' |
Accumulated Depreciation | 1,314 | ' | ' | ' |
9547 Highway 17 North, Myrtle Beach, SC | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 543 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,202 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 6,684 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 543 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,886 | ' | ' | ' |
Total | 10,429 | ' | ' | ' |
Accumulated Depreciation | 1,965 | ' | ' | ' |
2306 Riverbank Drive, Orangeburg, SC | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 303 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,607 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 686 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 303 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,293 | ' | ' | ' |
Total | 4,596 | ' | ' | ' |
Accumulated Depreciation | 1,101 | ' | ' | ' |
1920 Ebenezer Road, Rock Hill, SC | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 300 | ' | ' | ' |
Buildings, Improvements & Equipment | 1,705 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 300 | ' | ' | ' |
Buildings, Improvements & Equipment | 1,705 | ' | ' | ' |
Total | 2,005 | ' | ' | ' |
Accumulated Depreciation | 566 | ' | ' | ' |
15855 Wells Highway, Seneca, SC | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 396 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,714 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 470 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 396 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,184 | ' | ' | ' |
Total | 5,580 | ' | ' | ' |
Accumulated Depreciation | 1,295 | ' | ' | ' |
One Southern Court, West Columbia, SC | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 520 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,831 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 520 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,831 | ' | ' | ' |
Total | 4,351 | ' | ' | ' |
Accumulated Depreciation | 287 | ' | ' | ' |
1345 Michigan Ave SW, Huron, SD | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 144 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,108 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 4 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 144 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,112 | ' | ' | ' |
Total | 3,256 | ' | ' | ' |
Accumulated Depreciation | 1,747 | ' | ' | ' |
1251 Arizona S.W., Huron, SD | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 45 | ' | ' | ' |
Buildings, Improvements & Equipment | 968 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 45 | ' | ' | ' |
Buildings, Improvements & Equipment | 969 | ' | ' | ' |
Total | 1,014 | ' | ' | ' |
Accumulated Depreciation | 544 | ' | ' | ' |
3600 S. Norton, Sioux Falls, SD | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 253 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,062 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 4 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 253 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,066 | ' | ' | ' |
Total | 3,319 | ' | ' | ' |
Accumulated Depreciation | 1,724 | ' | ' | ' |
6716 Nolensville Road, Brentwood, TN | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,528 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,037 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,528 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,037 | ' | ' | ' |
Total | 7,565 | ' | ' | ' |
Accumulated Depreciation | 164 | ' | ' | ' |
51 Patel Way, Clarksville, TN | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 800 | ' | ' | ' |
Buildings, Improvements & Equipment | 10,322 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 278 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 800 | ' | ' | ' |
Buildings, Improvements & Equipment | 10,600 | ' | ' | ' |
Total | 11,400 | ' | ' | ' |
Accumulated Depreciation | 303 | ' | ' | ' |
207 Uffelman Drive, Clarksville, TN | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 320 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,994 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 611 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 320 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,605 | ' | ' | ' |
Total | 3,925 | ' | ' | ' |
Accumulated Depreciation | 665 | ' | ' | ' |
2900 Westside Drive, Cleveland, TN | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 305 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,627 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 682 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 305 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,309 | ' | ' | ' |
Total | 4,614 | ' | ' | ' |
Accumulated Depreciation | 1,061 | ' | ' | ' |
1010 East Spring Street, Cookeville, TN | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 322 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,828 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 583 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 322 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,411 | ' | ' | ' |
Total | 4,733 | ' | ' | ' |
Accumulated Depreciation | 1,065 | ' | ' | ' |
105 Sunrise Circle, Franklin, TN | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 322 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,833 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 558 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 322 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,391 | ' | ' | ' |
Total | 4,713 | ' | ' | ' |
Accumulated Depreciation | 1,067 | ' | ' | ' |
1085 Hartsville Pike, Gallatin, TN | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 280 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,327 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 244 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 280 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,571 | ' | ' | ' |
Total | 3,851 | ' | ' | ' |
Accumulated Depreciation | 901 | ' | ' | ' |
2025 Caldwell Drive, Goodlettsville, TN | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 400 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,507 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 400 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,507 | ' | ' | ' |
Total | 3,907 | ' | ' | ' |
Accumulated Depreciation | 1,082 | ' | ' | ' |
1200 North Parkway, Jackson, TN | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 295 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,506 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 312 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 295 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,818 | ' | ' | ' |
Total | 4,113 | ' | ' | ' |
Accumulated Depreciation | 985 | ' | ' | ' |
550 Deer View Way, Jefferson City, TN | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 940 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,057 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 279 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 940 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,336 | ' | ' | ' |
Total | 9,276 | ' | ' | ' |
Accumulated Depreciation | 46 | ' | ' | ' |
3020 Heatherton Way, Knoxville, TN | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 304 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,618 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,639 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 304 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,257 | ' | ' | ' |
Total | 5,561 | ' | ' | ' |
Accumulated Depreciation | 1,241 | ' | ' | ' |
511 Pearson Springs Road, Maryville, TN | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 300 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,207 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 100 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 300 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,307 | ' | ' | ' |
Total | 3,607 | ' | ' | ' |
Accumulated Depreciation | 1,021 | ' | ' | ' |
1710 Magnolia Blvd, Nashville, TN | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 750 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,750 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 4,112 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 750 | ' | ' | ' |
Buildings, Improvements & Equipment | 10,862 | ' | ' | ' |
Total | 11,612 | ' | ' | ' |
Accumulated Depreciation | 2,228 | ' | ' | ' |
971 State Hwy 121, Allen, TX | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 2,590 | ' | ' | ' |
Buildings, Improvements & Equipment | 17,912 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 2,590 | ' | ' | ' |
Buildings, Improvements & Equipment | 17,912 | ' | ' | ' |
Total | 20,502 | ' | ' | ' |
Accumulated Depreciation | 2,407 | ' | ' | ' |
6818 Austin Center Blvd, Austin, TX | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,540 | ' | ' | ' |
Buildings, Improvements & Equipment | 27,467 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 701 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,540 | ' | ' | ' |
Buildings, Improvements & Equipment | 28,168 | ' | ' | ' |
Total | 29,708 | ' | ' | ' |
Accumulated Depreciation | 3,682 | ' | ' | ' |
6937 IH 35 North-Am Founders, Austin, TX | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 760 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,186 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 415 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 760 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,601 | ' | ' | ' |
Total | 6,361 | ' | ' | ' |
Accumulated Depreciation | 446 | ' | ' | ' |
Bailey Square (1111 W 34th St), Austin, TX | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 400 | ' | ' | ' |
Buildings, Improvements & Equipment | 21,021 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 446 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 400 | ' | ' | ' |
Buildings, Improvements & Equipment | 21,467 | ' | ' | ' |
Total | 21,867 | ' | ' | ' |
Accumulated Depreciation | 2,955 | ' | ' | ' |
7600 Capital Texas Highway, Austin, TX | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 300 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,557 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 300 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,557 | ' | ' | ' |
Total | 4,857 | ' | ' | ' |
Accumulated Depreciation | 342 | ' | ' | ' |
4620 Bellaire Boulevard, Bellaire, TX | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,238 | ' | ' | ' |
Buildings, Improvements & Equipment | 11,010 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 653 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,238 | ' | ' | ' |
Buildings, Improvements & Equipment | 11,663 | ' | ' | ' |
Total | 12,901 | ' | ' | ' |
Accumulated Depreciation | 5,520 | ' | ' | ' |
120 Crosspoint Drive, Boerne, TX | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 220 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,926 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 124 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 220 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,050 | ' | ' | ' |
Total | 5,270 | ' | ' | ' |
Accumulated Depreciation | 741 | ' | ' | ' |
4015 Interstate 45, Conroe , TX | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 620 | ' | ' | ' |
Buildings, Improvements & Equipment | 14,074 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 74 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 620 | ' | ' | ' |
Buildings, Improvements & Equipment | 14,148 | ' | ' | ' |
Total | 14,768 | ' | ' | ' |
Accumulated Depreciation | 1,111 | ' | ' | ' |
5455 La Sierra Drive, Dallas, TX | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 2,300 | ' | ' | ' |
Buildings, Improvements & Equipment | 25,200 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 452 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 2,300 | ' | ' | ' |
Buildings, Improvements & Equipment | 25,652 | ' | ' | ' |
Total | 27,952 | ' | ' | ' |
Accumulated Depreciation | 1,468 | ' | ' | ' |
7831 Park Lane, Dallas, TX | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 4,709 | ' | ' | ' |
Buildings, Improvements & Equipment | 27,768 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 6,574 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 4,709 | ' | ' | ' |
Buildings, Improvements & Equipment | 34,342 | ' | ' | ' |
Total | 39,051 | ' | ' | ' |
Accumulated Depreciation | 10,867 | ' | ' | ' |
1575 Belvidere, El Paso, TX | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 2,301 | ' | ' | ' |
Buildings, Improvements & Equipment | 13,567 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,548 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 2,301 | ' | ' | ' |
Buildings, Improvements & Equipment | 15,115 | ' | ' | ' |
Total | 17,416 | ' | ' | ' |
Accumulated Depreciation | 5,174 | ' | ' | ' |
96 E. Frederick Rd., Fredericksburg, TX | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 280 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,866 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 240 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 280 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,106 | ' | ' | ' |
Total | 5,386 | ' | ' | ' |
Accumulated Depreciation | 738 | ' | ' | ' |
6435 S.F.M. 549, Heath, TX | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,135 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,892 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,135 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,892 | ' | ' | ' |
Total | 9,027 | ' | ' | ' |
Accumulated Depreciation | 197 | ' | ' | ' |
777 North Post Oak Road, Houston, TX | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 5,537 | ' | ' | ' |
Buildings, Improvements & Equipment | 32,647 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 9,890 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 5,537 | ' | ' | ' |
Buildings, Improvements & Equipment | 42,537 | ' | ' | ' |
Total | 48,074 | ' | ' | ' |
Accumulated Depreciation | 13,457 | ' | ' | ' |
13215 Dotson Road, Houston, TX | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 990 | ' | ' | ' |
Buildings, Improvements & Equipment | 13,887 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 990 | ' | ' | ' |
Buildings, Improvements & Equipment | 13,887 | ' | ' | ' |
Total | 14,877 | ' | ' | ' |
Accumulated Depreciation | 492 | ' | ' | ' |
4770 Regent Blvd, Irving, TX | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 2,830 | ' | ' | ' |
Buildings, Improvements & Equipment | 15,082 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 10 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 2,830 | ' | ' | ' |
Buildings, Improvements & Equipment | 15,092 | ' | ' | ' |
Total | 17,922 | ' | ' | ' |
Accumulated Depreciation | 2,090 | ' | ' | ' |
9812 Slide Road, Lubbock, TX | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,110 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,798 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,110 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,798 | ' | ' | ' |
Total | 10,908 | ' | ' | ' |
Accumulated Depreciation | 878 | ' | ' | ' |
605 Gateway Central / 601 Steve Hawkins Prkway, Marble Falls , TX | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,440 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,125 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 105 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,440 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,230 | ' | ' | ' |
Total | 8,670 | ' | ' | ' |
Accumulated Depreciation | 211 | ' | ' | ' |
7150 N. President George Bush Turnpike, North Garland, TX | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,981 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,548 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,981 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,548 | ' | ' | ' |
Total | 10,529 | ' | ' | ' |
Accumulated Depreciation | 214 | ' | ' | ' |
511 Knights Cross Drive, San Antonio, TX | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,200 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,500 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 24 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,200 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,524 | ' | ' | ' |
Total | 7,724 | ' | ' | ' |
Accumulated Depreciation | 764 | ' | ' | ' |
575 Knights Cross Drive, San Antonio, TX | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,100 | ' | ' | ' |
Buildings, Improvements & Equipment | 13,900 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 375 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,100 | ' | ' | ' |
Buildings, Improvements & Equipment | 14,275 | ' | ' | ' |
Total | 15,375 | ' | ' | ' |
Accumulated Depreciation | 1,657 | ' | ' | ' |
311 Nottingham West, San Antonio (4), TX | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 27,943 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 4,283 | ' | ' | ' |
Buildings, Improvements & Equipment | 25,256 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 5,698 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 4,283 | ' | ' | ' |
Buildings, Improvements & Equipment | 30,954 | ' | ' | ' |
Total | 35,237 | ' | ' | ' |
Accumulated Depreciation | 10,218 | ' | ' | ' |
5055 West Panther Creek Drive, Woodlands (4), TX | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 37,767 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 3,694 | ' | ' | ' |
Buildings, Improvements & Equipment | 21,782 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 3,825 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 3,694 | ' | ' | ' |
Buildings, Improvements & Equipment | 25,607 | ' | ' | ' |
Total | 29,301 | ' | ' | ' |
Accumulated Depreciation | 9,232 | ' | ' | ' |
900 North Taylor Street, Arlington, VA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,885 | ' | ' | ' |
Buildings, Improvements & Equipment | 16,734 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 270 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,885 | ' | ' | ' |
Buildings, Improvements & Equipment | 17,004 | ' | ' | ' |
Total | 18,889 | ' | ' | ' |
Accumulated Depreciation | 8,271 | ' | ' | ' |
491 Crestwood Drive, Charlottesville (4), VA | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 10,030 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 641 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,633 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 928 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 641 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,561 | ' | ' | ' |
Total | 9,202 | ' | ' | ' |
Accumulated Depreciation | 2,144 | ' | ' | ' |
2610 Barracks Road, Charlottesville, VA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 2,976 | ' | ' | ' |
Buildings, Improvements & Equipment | 26,422 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 431 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 2,976 | ' | ' | ' |
Buildings, Improvements & Equipment | 26,853 | ' | ' | ' |
Total | 29,829 | ' | ' | ' |
Accumulated Depreciation | 13,118 | ' | ' | ' |
1005 Elysian Place, Chesapeake, VA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 2,370 | ' | ' | ' |
Buildings, Improvements & Equipment | 23,705 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 105 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 2,370 | ' | ' | ' |
Buildings, Improvements & Equipment | 23,810 | ' | ' | ' |
Total | 26,180 | ' | ' | ' |
Accumulated Depreciation | 1,649 | ' | ' | ' |
2856 Forehand Drive, Chesapeake, VA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 160 | ' | ' | ' |
Buildings, Improvements & Equipment | 1,498 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 774 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 160 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,272 | ' | ' | ' |
Total | 2,432 | ' | ' | ' |
Accumulated Depreciation | 671 | ' | ' | ' |
4001 Fair Ridge Drive, Fairfax, VA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 2,500 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,147 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 476 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 2,500 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,623 | ' | ' | ' |
Total | 10,123 | ' | ' | ' |
Accumulated Depreciation | 1,105 | ' | ' | ' |
20 HeartFields Lane , Fredericksburg (4), VA | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 10,517 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 287 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,480 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,265 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 287 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,745 | ' | ' | ' |
Total | 10,032 | ' | ' | ' |
Accumulated Depreciation | 3,036 | ' | ' | ' |
2800 Polo Parkway, Midlothian, VA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,103 | ' | ' | ' |
Buildings, Improvements & Equipment | 13,126 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,342 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,103 | ' | ' | ' |
Buildings, Improvements & Equipment | 14,468 | ' | ' | ' |
Total | 15,571 | ' | ' | ' |
Accumulated Depreciation | 3,635 | ' | ' | ' |
655 Denbigh Boulevard, Newport News (4), VA | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 8,024 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 581 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,921 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 409 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 581 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,330 | ' | ' | ' |
Total | 7,911 | ' | ' | ' |
Accumulated Depreciation | 1,851 | ' | ' | ' |
885 Kempsville Rd, Norfolk, VA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,780 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,354 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 657 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,780 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,011 | ' | ' | ' |
Total | 10,791 | ' | ' | ' |
Accumulated Depreciation | 1,139 | ' | ' | ' |
6161 Kempsville Rd, Norfolk, VA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,530 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,531 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 387 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,530 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,918 | ' | ' | ' |
Total | 11,448 | ' | ' | ' |
Accumulated Depreciation | 1,278 | ' | ' | ' |
6311 Granby Street, Norfolk, VA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,920 | ' | ' | ' |
Buildings, Improvements & Equipment | 16,538 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 30 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,920 | ' | ' | ' |
Buildings, Improvements & Equipment | 16,568 | ' | ' | ' |
Total | 18,488 | ' | ' | ' |
Accumulated Depreciation | 1,181 | ' | ' | ' |
531 Wythe Creek Road, Poquoson, VA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 220 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,041 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 699 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 220 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,740 | ' | ' | ' |
Total | 2,960 | ' | ' | ' |
Accumulated Depreciation | 794 | ' | ' | ' |
9900 Independence Park Drive, Richmond (4), VA | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 9,353 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 326 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,166 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 326 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,166 | ' | ' | ' |
Total | 3,492 | ' | ' | ' |
Accumulated Depreciation | 165 | ' | ' | ' |
9930 Independence Park Drive, Richmond (4), VA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 604 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,432 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 604 | ' | ' | ' |
Buildings, Improvements & Equipment | 5,432 | ' | ' | ' |
Total | 6,036 | ' | ' | ' |
Accumulated Depreciation | 283 | ' | ' | ' |
3000 Skipwith Road, Richmond, VA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 732 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,717 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 730 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 732 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,447 | ' | ' | ' |
Total | 10,179 | ' | ' | ' |
Accumulated Depreciation | 2,340 | ' | ' | ' |
5620 Wesleyan Drive, Virginia Beach, VA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 893 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,926 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 501 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 893 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,427 | ' | ' | ' |
Total | 9,320 | ' | ' | ' |
Accumulated Depreciation | 3,969 | ' | ' | ' |
4132 Longhill Road, Williamsburg, VA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 270 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,468 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 943 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 270 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,411 | ' | ' | ' |
Total | 3,681 | ' | ' | ' |
Accumulated Depreciation | 942 | ' | ' | ' |
21717 30th Drive SE, Bothell, WA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 3,012 | ' | ' | ' |
Buildings, Improvements & Equipment | 12,582 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 3,012 | ' | ' | ' |
Buildings, Improvements & Equipment | 12,582 | ' | ' | ' |
Total | 15,594 | ' | ' | ' |
Accumulated Depreciation | 288 | ' | ' | ' |
21823 30th Drive SE, Bothell, WA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 2,627 | ' | ' | ' |
Buildings, Improvements & Equipment | 12,657 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 2,629 | ' | ' | ' |
Buildings, Improvements & Equipment | 12,655 | ' | ' | ' |
Total | 15,284 | ' | ' | ' |
Accumulated Depreciation | 290 | ' | ' | ' |
516 Kenosia Avenue South, Kent (4), WA | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 6,579 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,300 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,458 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 54 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,300 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,512 | ' | ' | ' |
Total | 9,812 | ' | ' | ' |
Accumulated Depreciation | 338 | ' | ' | ' |
2956 152nd Ave NE, Redmond (4), WA | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 12,093 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 5,120 | ' | ' | ' |
Buildings, Improvements & Equipment | 16,683 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 683 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 5,120 | ' | ' | ' |
Buildings, Improvements & Equipment | 17,366 | ' | ' | ' |
Total | 22,486 | ' | ' | ' |
Accumulated Depreciation | 453 | ' | ' | ' |
555 16th Avenue, Seattle, WA | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 256 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,869 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 67 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 256 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,936 | ' | ' | ' |
Total | 5,192 | ' | ' | ' |
Accumulated Depreciation | 2,738 | ' | ' | ' |
18740 W. Bluemound Rd., Brookfield, WI | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 832 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,849 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 4,087 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 832 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,936 | ' | ' | ' |
Total | 8,768 | ' | ' | ' |
Accumulated Depreciation | 3,383 | ' | ' | ' |
3003 West Good Hope Road, Glendale, WI | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,500 | ' | ' | ' |
Buildings, Improvements & Equipment | 33,747 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,500 | ' | ' | ' |
Buildings, Improvements & Equipment | 33,747 | ' | ' | ' |
Total | 35,247 | ' | ' | ' |
Accumulated Depreciation | 3,586 | ' | ' | ' |
7007 North Range Line Road, Glendale, WI | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 250 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,797 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 250 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,797 | ' | ' | ' |
Total | 4,047 | ' | ' | ' |
Accumulated Depreciation | 403 | ' | ' | ' |
215 Washington Street, Grafton, WI | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 500 | ' | ' | ' |
Buildings, Improvements & Equipment | 10,058 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 500 | ' | ' | ' |
Buildings, Improvements & Equipment | 10,058 | ' | ' | ' |
Total | 10,558 | ' | ' | ' |
Accumulated Depreciation | 1,069 | ' | ' | ' |
8351 Sheridan Rd, Kenosha, WI | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 750 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,669 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 112 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 750 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,781 | ' | ' | ' |
Total | 8,531 | ' | ' | ' |
Accumulated Depreciation | 1,155 | ' | ' | ' |
5601 Burke Rd, Madison, WI | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 700 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,461 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 47 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 700 | ' | ' | ' |
Buildings, Improvements & Equipment | 7,508 | ' | ' | ' |
Total | 8,208 | ' | ' | ' |
Accumulated Depreciation | 1,118 | ' | ' | ' |
10803 N. Port Washington Rd, Mequon (4), WI | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' |
Encumbrances | 4,272 | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 800 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,388 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 396 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 800 | ' | ' | ' |
Buildings, Improvements & Equipment | 8,784 | ' | ' | ' |
Total | 9,584 | ' | ' | ' |
Accumulated Depreciation | 1,326 | ' | ' | ' |
701 East Puetz Rd, Oak Creek, WI | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 650 | ' | ' | ' |
Buildings, Improvements & Equipment | 18,396 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 217 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 650 | ' | ' | ' |
Buildings, Improvements & Equipment | 18,613 | ' | ' | ' |
Total | 19,263 | ' | ' | ' |
Accumulated Depreciation | 2,801 | ' | ' | ' |
W231 N1440 Corporate Court, Pewaukee, WI | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 3,900 | ' | ' | ' |
Buildings, Improvements & Equipment | 41,140 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 3,900 | ' | ' | ' |
Buildings, Improvements & Equipment | 41,140 | ' | ' | ' |
Total | 45,040 | ' | ' | ' |
Accumulated Depreciation | 4,371 | ' | ' | ' |
321 Riverside Drive, Pewaukee, WI | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 984 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,432 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,237 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 984 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,669 | ' | ' | ' |
Total | 4,653 | ' | ' | ' |
Accumulated Depreciation | 1,898 | ' | ' | ' |
8438 & 8400 Washington Avenue, Racine, WI | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,150 | ' | ' | ' |
Buildings, Improvements & Equipment | 22,436 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,150 | ' | ' | ' |
Buildings, Improvements & Equipment | 22,436 | ' | ' | ' |
Total | 23,586 | ' | ' | ' |
Accumulated Depreciation | 2,384 | ' | ' | ' |
1221 North 26th Street, Sheboygan, WI | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 300 | ' | ' | ' |
Buildings, Improvements & Equipment | 975 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 300 | ' | ' | ' |
Buildings, Improvements & Equipment | 975 | ' | ' | ' |
Total | 1,275 | ' | ' | ' |
Accumulated Depreciation | 104 | ' | ' | ' |
2414 Kohler Memorial Drive, Sheboygan, WI | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,400 | ' | ' | ' |
Buildings, Improvements & Equipment | 35,168 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,400 | ' | ' | ' |
Buildings, Improvements & Equipment | 35,168 | ' | ' | ' |
Total | 36,568 | ' | ' | ' |
Accumulated Depreciation | 3,737 | ' | ' | ' |
1222 North 23rd Street, Sheboygan, WI | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 120 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,014 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 120 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,014 | ' | ' | ' |
Total | 4,134 | ' | ' | ' |
Accumulated Depreciation | 427 | ' | ' | ' |
1125 N Edge Trail, Verona, WI | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,365 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,581 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 264 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,365 | ' | ' | ' |
Buildings, Improvements & Equipment | 9,845 | ' | ' | ' |
Total | 11,210 | ' | ' | ' |
Accumulated Depreciation | 33 | ' | ' | ' |
1451 Cleveland Avenue, Waukesha, WI | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 68 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,452 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 3,115 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 68 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,567 | ' | ' | ' |
Total | 6,635 | ' | ' | ' |
Accumulated Depreciation | 3,467 | ' | ' | ' |
3289 North Mayfair Road, Wauwatosa, WI | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 2,300 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,245 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 2,300 | ' | ' | ' |
Buildings, Improvements & Equipment | 6,245 | ' | ' | ' |
Total | 8,545 | ' | ' | ' |
Accumulated Depreciation | 664 | ' | ' | ' |
5301 W. Lincoln Ave, West Allis, WI | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 1,600 | ' | ' | ' |
Buildings, Improvements & Equipment | 20,377 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,008 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 1,600 | ' | ' | ' |
Buildings, Improvements & Equipment | 21,385 | ' | ' | ' |
Total | 22,985 | ' | ' | ' |
Accumulated Depreciation | 3,168 | ' | ' | ' |
503 South 18th Street, Laramie, WY | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 191 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,632 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 789 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 191 | ' | ' | ' |
Buildings, Improvements & Equipment | 4,421 | ' | ' | ' |
Total | 4,612 | ' | ' | ' |
Accumulated Depreciation | 2,444 | ' | ' | ' |
1901 Howell Ave., Worland, WY | ' | ' | ' | ' |
Initial Cost to Company | ' | ' | ' | ' |
Land | 132 | ' | ' | ' |
Buildings, Improvements & Equipment | 2,507 | ' | ' | ' |
Cost Capitalized Subsequent to Acquisition | 1,230 | ' | ' | ' |
Cost at the end of the period | ' | ' | ' | ' |
Land | 132 | ' | ' | ' |
Buildings, Improvements & Equipment | 3,737 | ' | ' | ' |
Total | 3,869 | ' | ' | ' |
Accumulated Depreciation | $1,906 | ' | ' | ' |
SCHEDULE_III_REAL_ESTATE_AND_A2
SCHEDULE III REAL ESTATE AND ACCUMULATED DEPRECIATION (Details 2) (USD $) | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2013 | Dec. 31, 2013 |
Mortgage notes | Capital leases | Capital leases | Mortgage bonds | Mortgage bonds | Buildings and improvements | Buildings and improvements | Equipment | |||
Maximum | ||||||||||
SCHEDULE III REAL ESTATE AND ACCUMULATED DEPRECIATION | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Aggregate cost for federal income tax purposes | $5,200,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Real Estate And Accumulated Depreciation | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Period over which real estate assets are depreciated, maximum | ' | ' | ' | ' | ' | ' | ' | '40 years | '40 years | '12 years |
Secured debt | $699,427,000 | $724,477,000 | $666,900,000 | $13,314,000 | $13,792,000 | $14,700,000 | $14,700,000 | ' | ' | ' |
SCHEDULE_III_REAL_ESTATE_AND_A3
SCHEDULE III REAL ESTATE AND ACCUMULATED DEPRECIATION (Details 3) (USD $) | 12 Months Ended | ||
In Thousands, unless otherwise specified | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Real Estate and Equipment | ' | ' | ' |
Balance at the beginning of the period | $5,019,615 | $4,563,782 | $3,641,483 |
Additions | 245,330 | 460,272 | 951,029 |
Disposals | ' | -846 | -27,540 |
Impairment | -1,320 | -3,593 | -1,190 |
Balance at the end of the period | 5,263,625 | 5,019,615 | 4,563,782 |
Accumulated Depreciation | ' | ' | ' |
Balance at the beginning of the period | 714,687 | 598,445 | 511,225 |
Additions | 126,073 | 116,772 | 97,103 |
Disposals | ' | -8 | -9,655 |
Impairment | ' | -522 | -228 |
Balance at the end of the period | $840,760 | $714,687 | $598,445 |