CNL Lifestyle Properties (CLLY) 10-K 31 Mar 14 2013 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
	Dec. 31, 2013	Mar. 14, 2014	Jun. 28, 2013
Document Information [Line Items]	'	'	'
Document Type	'10-K	'	'
Amendment Flag	'false	'	'
Document Period End Date	31-Dec-13	'	'
Document Fiscal Year Focus	'2013	'	'
Document Fiscal Period Focus	'FY	'	'
Trading Symbol	'ck0001261159	'	'
Entity Registrant Name	'CNL LIFESTYLE PROPERTIES INC	'	'
Entity Central Index Key	'0001261159	'	'
Current Fiscal Year End Date	'--12-31	'	'
Entity Well-known Seasoned Issuer	'No	'	'
Entity Current Reporting Status	'Yes	'	'
Entity Voluntary Filers	'No	'	'
Entity Filer Category	'Non-accelerated Filer	'	'
Entity Common Stock, Shares Outstanding	'	322,621,399	'
Entity Public Float	'	'	$2,300,000,000

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
In Thousands, unless otherwise specified
Assets	'	'	'	'
Real estate investment properties, net (including $184,306 and $207,516 related to consolidated variable interest entities, respectively)	$2,068,973	$2,176,357	'	'
Investments in unconsolidated entities	132,324	287,339	'	'
Mortgages and other notes receivable, net	117,963	124,730	'	'
Assets held for sale, net	90,794	5,743	'	'
Cash	71,574	73,224	162,839	200,517
Deferred rent and lease incentives	57,378	109,507	'	'
Other assets	52,310	63,655	'	'
Restricted cash	51,335	40,316	'	'
Intangibles, net	36,922	35,457	'	'
Accounts and other receivables, net	21,080	21,700	'	'
Total Assets	2,700,653	2,938,028	'	'
LIABILITIES AND STOCKHOLDERS' EQUITY	'	'	'	'
Mortgages and other notes payable (including $87,095 and $80,481 related to non-recourse debt of consolidated variable interest entities, respectively)	760,192	649,002	'	'
Senior notes, net of discount	394,419	394,100	'	'
Other liabilities	76,816	47,445	'	'
Line of credit	50,000	95,000	'	'
Accounts payable and accrued expenses	49,823	40,064	'	'
Due to affiliates	1,025	986	'	'
Total Liabilities	1,332,275	1,226,597	'	'
Commitments and contingencies (Note 17)	'	'	'	'
Stockholders' equity:	'	'	'	'
Preferred stock, $.01 par value per share 200 million shares authorized and unissued	'	'	'	'
Excess shares, $.01 par value per share 120 million shares authorized and unissued	'	'	'	'
Common stock, $.01 par value per share One billion shares authorized; 345,114 and 337,213 shares issued and 322,627 and 316,371 shares outstanding as of December 31, 2013 and 2012, respectively	3,226	3,164	'	'
Capital in excess of par value	2,846,265	2,803,346	'	'
Accumulated deficit	-401,985	-149,446	'	'
Accumulated distributions	-1,073,422	-937,972	'	'
Accumulated other comprehensive loss	-5,706	-7,661	'	'
Total Stockholders' Equity	1,368,378	1,711,431	1,889,980	1,931,040
Total Liabilities and Stockholders' Equity	$2,700,653	$2,938,028	'	'

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, except Share data, unless otherwise specified
Real estate investment properties, net	$184,306	$207,516
Mortgages and other notes payable	$87,095	$80,481
Preferred stock, par value	$0.01	$0.01
Preferred stock, shares authorized	200,000,000	200,000,000
Preferred stock, shares unissued	200,000,000	200,000,000
Excess shares, par value	$0.01	$0.01
Excess shares, shares authorized	120,000,000	120,000,000
Excess shares, shares unissued	120,000,000	120,000,000
Common stock, par value	$0.01	$0.01
Common stock, shares authorized	1,000,000,000	1,000,000,000
Common stock, shares issued	345,114	337,213
Common stock, shares outstanding	322,627	316,371

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS (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 from operating leases	$163,242		$159,682		$164,590
Property operating revenues	336,439		299,863		232,192
Interest income on mortgages and other notes receivable	13,120		12,997		12,963
Total revenues	512,801		472,542		409,745
Expenses:	'		'		'
Property operating expenses	262,062		238,978		193,716
Asset management fees to advisor	34,683	[1]	35,725	[1]	31,802	[1]
General and administrative	18,591		18,668		16,151
Ground lease and permit fees	15,356		14,482		14,575
Acquisition fees and costs	3,141		4,450		11,168
Other operating expenses	6,791		8,684		6,551
Bad debt expense	6,331		5,510		773
Impairment provision	248,268		10		3,199
(Gain) loss on lease terminations	-2,705		25,177		7,193
Loan loss provision	3,104		1,699		'
Depreciation and amortization	147,022		132,206		119,215
Total expenses	742,644		485,589		404,343
Operating income (loss)	-229,843		-13,047		5,402
Other income (expense):	'		'		'
Interest and other income (expense)	327		1,198		-216
Interest expense and loan cost amortization	-70,762		-66,825		-58,469
Loss on extinguishment of debt	'		-4		-227
Bargain purchase gain	2,653		'		'
Gain from sale of unconsolidated entities	55,394		'		'
Equity in earnings of unconsolidated entities	11,701		5,521		1,022
Total other income (expense)	-687		-60,110		-57,890
Income (loss) from continuing operations	-230,530		-73,157		-52,488
Loss from discontinued operations (includes $1,655 amortization of loss on termination of cash flow hedges for each of the years ended December 31, 2013 and 2012 and $1,626 for the year ended December 31, 2011)	-22,009	[2]	-2,916	[2]	-17,122
Net loss	($252,539)		($76,073)		($69,610)
Loss per share of common stock (basic and diluted)	'		'		'
Continuing operations	($0.72)		($0.23)		($0.17)
Discontinued operations	($0.07)		($0.01)		($0.06)
Earnings (loss) per share of common stock (basic and diluted)	($0.79)		($0.24)		($0.23)
Weighted average number of shares of common stock outstanding (basic and diluted)	318,742		312,309		302,250
[1]	Asset management fees are equal to 0.08334% per month of the Company's real estate asset value, which is generally the amount actually paid or allocated to the purchase, development, construction or improvement of a property, and the outstanding principal amount of any mortgage note receivable as of the end of the preceding month. These amounts are recorded as asset management fees to advisor in the accompanying consolidated statements of operations.
[2]	The Company classified certain properties as assets held for sale and reclassified the results related to those properties to discontinued operations for all periods presented.

CONSOLIDATED_STATEMENTS_OF_OPE1

CONSOLIDATED STATEMENTS OF OPERATIONS (Parenthetical) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Amortization of loss on termination of cash flow hedges	$1,655	$1,655	$1,626

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (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

Net loss

($252,329)

$78,293

[1]

($55,204)

($23,299)

($55,001)

[1]

$23,613

($19,942)

($24,743)

($252,539)

($76,073)

($69,610)

Other comprehensive income (loss):

'

'

'

'

'

'

'

'

'

'

'

Foreign currency translation adjustments

'

'

'

'

'

'

'

'

-1,563

531

-585

Changes in fair value of cash flow hedges:

'

'

'

'

'

'

'

'

'

'

'

Amortization of loss on termination of cash flow hedges

'

'

'

'

'

'

'

'

1,655

1,655

1,626

Unrealized loss arising during the period

'

'

'

'

'

'

'

'

1,863

-395

-4,856

Total other comprehensive income (loss)

'

'

'

'

'

'

'

'

1,955

1,791

-3,815

Total comprehensive loss

'

'

'

'

'

'

'

'

($250,584)

($74,282)

($73,425)

[1]

Includes impact from out of period adjustments as described in "Footnote 2 - Significant Accounting Policies".

CONSOLIDATED_STATEMENTS_OF_STO

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (USD $)	Total	Common Stock	Capital in Excess of Par Value	Accumulated (Deficit)	Accumulated Distributions	Accumulated Comprehensive Income (Loss)
In Thousands
Balance at Dec. 31, 2010	$1,931,040	$2,847	$2,523,405	($3,763)	($585,812)	($5,637)
Balance (in shares) at Dec. 31, 2010	'	284,687	'	'	'	'
Subscriptions received for common stock through distribution reinvestment plan (in shares)	'	27,585	'	'	'	'
Subscriptions received for common stock through distribution reinvestment plan	271,051	276	270,775	'	'	'
Redemption of common stock (in shares)	'	-3,057	'	'	'	'
Redemption of common stock	-30,000	-31	-29,969	'	'	'
Stock issuance and offering costs	-20,239	'	-20,239	'	'	'
Net loss	-69,610	'	'	-69,610	'	'
Distributions, declared and paid ($0.4252 per share)	-188,447	'	'	'	-188,447	'
Foreign currency translation adjustment	-585	'	'	'	'	-585
Amortization of loss on termination of cash flow hedges	1,626	'	'	'	'	1,626
Current period adjustment to recognize changes in fair value of cash flow hedges, net of reclassifications	-4,856	'	'	'	'	-4,856
Balance at Dec. 31, 2011	1,889,980	3,092	2,743,972	-73,373	-774,259	-9,452
Balance (in shares) at Dec. 31, 2011	'	309,215	'	'	'	'
Subscriptions received for common stock through distribution reinvestment plan (in shares)	'	8,329	'	'	'	'
Subscriptions received for common stock through distribution reinvestment plan	69,036	83	68,953	'	'	'
Redemption of common stock (in shares)	'	-1,173	'	'	'	'
Redemption of common stock	-9,590	-11	-9,579	'	'	'
Net loss	-76,073	'	'	-76,073	'	'
Distributions, declared and paid ($0.4252 per share)	-163,713	'	'	'	-163,713	'
Foreign currency translation adjustment	531	'	'	'	'	531
Amortization of loss on termination of cash flow hedges	1,655	'	'	'	'	1,655
Current period adjustment to recognize changes in fair value of cash flow hedges, net of reclassifications	-395	'	'	'	'	-395
Balance at Dec. 31, 2012	1,711,431	3,164	2,803,346	-149,446	-937,972	-7,661
Balance (in shares) at Dec. 31, 2012	'	316,371	'	'	'	'
Subscriptions received for common stock through distribution reinvestment plan (in shares)	'	7,901	'	'	'	'
Subscriptions received for common stock through distribution reinvestment plan	54,936	79	54,857	'	'	'
Redemption of common stock (in shares)	'	-1,645	'	'	'	'
Redemption of common stock	-11,955	-17	-11,938	'	'	'
Net loss	-252,539	'	'	-252,539	'	'
Distributions, declared and paid ($0.4252 per share)	-135,450	'	'	'	-135,450	'
Foreign currency translation adjustment	-1,563	'	'	'	'	-1,563
Amortization of loss on termination of cash flow hedges	1,655	'	'	'	'	1,655
Current period adjustment to recognize changes in fair value of cash flow hedges, net of reclassifications	1,863	'	'	'	'	1,863
Balance at Dec. 31, 2013	$1,368,378	$3,226	$2,846,265	($401,985)	($1,073,422)	($5,706)
Balance (in shares) at Dec. 31, 2013	'	322,627	'	'	'	'

CONSOLIDATED_STATEMENTS_OF_STO1

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Parenthetical) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Distributions, declared and paid	$0.43	$0.53	$0.63

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
Operating activities:	'	'	'
Net loss	($252,539)	($76,073)	($69,610)
Adjustments to reconcile net loss to net cash provided by operating activities	'	'	'
Depreciation and amortization	159,476	144,112	131,053
Accretion of note origination costs	'	-40	-60
Accretion and amortization of fair value measures	422	59	1,115
(Gain) loss on sale of properties and disposal of fixed assets	-2,241	141	185
Gain on sale of unconsolidated entities	-55,394	'	'
Bargain purchase gain	-2,653	'	'
Loss (gain) on extinguishment of debt	'	'	566
Loss on retirement of above market lease	'	'	568
Write-off intangible assets from sale of properties	93	'	'
Amortization of terminated hedge	1,655	1,655	1,626
(Gain) loss on lease termination	-2,705	25,387	9,166
Impairment provision	269,535	680	16,870
Loan loss provision	3,104	1,699	'
Bad debt expense	6,323	5,510	749
Equity in earnings net of distributions from unconsolidated entities	15,068	31,223	13,245
Changes in assets and liabilities:	'	'	'
Other assets	-283	-6,527	1,231
Deferred rent and lease incentives	-8,056	-36,663	-21,997
Accounts and other receivables	-3,237	-11,984	-3,441
Accounts payable, accrued expenses and other liabilities	6,977	8,895	4,855
Due to affiliates	-65	-181	-3,057
Net cash provided by operating activities	135,480	87,893	83,064
Investing activities:	'	'	'
Acquisition of properties	-244,859	-190,150	-149,692
Capital expenditures	-70,156	-69,675	-42,345
Investments in and contributions to unconsolidated entities	'	-3,776	-191,397
Distributions from unconsolidated entities	'	3,445	11,624
Proceeds from sale of unconsolidated entities	195,446	'	'
Proceeds from release (payment) of collateral on loan payable	11,167	-11,167	'
Issuance of mortgage loans receivable	-83	-869	-5,760
Principal payments received on mortgage loans receivable	4,282	4,790	9,473
Proceeds from sale of properties	12,401	1,500	8,450
Changes in restricted cash	-10,357	-5,632	-13,406
Other	-771	70	45
Net cash provided by (used in) investing activities	-102,930	-271,464	-373,008
Financing activities:	'	'	'
Offering proceeds	'	'	187,555
Redemptions of common stock	-11,955	-9,590	-30,000
Distributions to stockholders, net of distribution reinvestments	-80,514	-94,677	-104,951
Stock issuance costs	'	'	-21,213
Proceeds under line of credit	100,000	170,000	'
Proceeds from mortgage loans and other notes payable	131,298	152,300	116,540
Proceeds from senior notes	'	'	396,996
Principal payments on line of credit	-145,000	-75,000	-58,000
Principal payments on mortgage loans and senior notes	-18,800	-34,666	-204,800
Principal payments on capital leases	-4,152	-4,107	-3,967
Payment of loan costs	-5,017	-10,305	-25,662
Net cash provided by (used in) financing activities	-34,140	93,955	252,498
Effect of exchange rate fluctuations on cash	-60	1	-232
Net decrease in cash	-1,650	-89,615	-37,678
Cash at beginning of period	73,224	162,839	200,517
Cash at end of period	71,574	73,224	162,839
Supplemental disclosure of cash flow information:	'	'	'
Cash paid during the period for interest	63,628	59,331	46,953
Amounts incurred but not paid (included in due to affiliates):	'	'	'
Offering and stock issuance costs	'	'	24
Assumption of capital leases	10,732	4,650	4,582
Assumption of entrance fee liabilities	13,810	'	'
Capital expansion projects incurred but not paid	6,069	1,143	1,921
Changes in estimated contingent purchase price	'	'	747
Supplemental disclosure of non-cash financing activities:	'	'	'
Seller financing provided upon sale of real estate assets	325	'	12,544
Forgiveness from debt restructure	'	'	$267

Organization_and_Nature_of_Bus

Organization and Nature of Business	12 Months Ended
	Dec. 31, 2013
Organization and Nature of Business	'
	1	Organization and Nature of Business:
	CNL Lifestyle Properties, Inc. (the “Company”), was organized in Maryland on August 11, 2003. The Company operates and has elected to be taxed as a real estate investment trust (a “REIT”) for federal income tax. Various wholly-owned subsidiaries have been and will be formed by the Company for the purpose of acquiring and owning direct or indirect interests in real estate. The Company generally invests in lifestyle properties in the United States that are primarily leased on a long-term (generally five to 20-years, plus multiple renewal options), triple-net or gross basis to tenants or operators that the Company considers to be industry leading. The Company also leases properties to taxable REIT subsidiary (“TRS”) tenants and engages independent third-party managers to operate those properties. In the event of certain tenant defaults, the Company has also engaged third-party managers to operate properties on its behalf until they are re-leased.
	As of December 31, 2013, the Company owned 144 lifestyle properties directly and indirectly within the following asset classes: ski and mountain lifestyle, golf facilities, senior housing, attractions, marinas and additional lifestyle properties. Eight of these 144 properties are owned through unconsolidated joint ventures and three are located in Canada. Although these are the asset classes in which the Company has invested and are most likely to invest in the future, it may acquire or invest in any type of property that it believes has the potential for long-term growth and income generation. The Company may also make or acquire loans (mortgage, mezzanine and other loans) or other permitted investments. The Company raises capital through its distribution reinvestment plan (“DRP”) and uses such proceeds to make investments and other corporate purposes. The Company may make selected asset dispositions and reinvest those proceeds in other income producing investment opportunities or other permitted investments in order to maximize the growth and value of its portfolio.

Significant_Accounting_Policie

Significant Accounting Policies	12 Months Ended
	Dec. 31, 2013
Significant Accounting Policies	'
	2	Significant Accounting Policies:
	Principles of Consolidation and Basis of Presentation — The accompanying consolidated financial statements include the Company’s accounts, the accounts of wholly owned subsidiaries or subsidiaries for which the Company has a controlling interest, the accounts of variable interest entities (“VIEs”) in which the Company is the primary beneficiary, and the accounts of other subsidiaries over which the Company has a controlling financial interest. All material intercompany accounts and transactions have been eliminated in consolidation.
	In accordance with the guidance for the consolidation of VIEs, the Company analyzes its variable interests, including loans, leases, guarantees, and equity investments, to determine if the entity in which it has a variable interest is a variable interest entity (“VIE”). The Company’s analysis includes both quantitative and qualitative reviews. The Company bases its quantitative analysis on the forecasted cash flows of the entity, and its qualitative analysis on its review of the design of the entity, its organizational structure including decision-making ability and financial agreements. The Company also uses its quantitative and qualitative analyses to determine if it is the primary beneficiary of the VIE, and if such determination is made, it includes the accounts of the VIE in its consolidated financial statements.
	Allocation of Purchase Price for Real Estate Acquisitions — Upon the acquisition of real estate properties, the Company records the fair value of the tangible assets (consisting of land, buildings, improvements and equipment), intangible assets (consisting of in-place leases and above or below market lease values), assumed liabilities and any contingent liabilities at fair value. Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Fair value is determined based on incorporating market participant assumptions, discounted cash flow models using appropriate capitalization rates, and the Company’s estimates reflecting the facts and circumstances of each acquisition. Acquisition fees and costs are expensed for acquisitions that are considered a business combination.
	The fair value of the tangible assets of an acquired leased property is determined by various factors including the comparable land sale method and cost approach method which estimates the replacement cost new less depreciation and a go dark income approach on the building in which the building is assumed to be vacant.
	The purchase price is allocated to in-place lease intangibles based on management’s evaluation of the specific characteristics of the acquired lease. Factors considered include estimates of carrying costs during hypothetical expected lease up periods, including estimates of lost rental income during the expected lease up periods, and costs to execute similar leases such as leasing commissions, legal and other related expenses.
	The Company may also enter into yield guarantees in connection with an acquisition, whereby the seller agrees to hold a portion of the purchase price in escrow that may be repaid to the Company in the event certain thresholds are not met. In calculating the estimated fair value of the yield guarantee, the Company considers information obtained about each property during the due diligence and budget process as well as discount rates to determine the fair value. The Company periodically evaluates the fair value of the yield guarantee and records any adjustments to the fair value as a component of other income (expense) in the accompanying consolidated statements of operations.
	Depreciation and Amortization — Real estate costs related to the acquisition and improvement of properties are capitalized. Repair and maintenance costs are charged to expense as incurred and significant replacements and betterments are capitalized. Repair and maintenance costs include all costs that do not extend the useful life of the real estate asset. The Company considers the period of future benefit of an asset to determine its appropriate useful life. Real estate assets are stated at cost less accumulated depreciation, which is computed using the straight-line method of accounting over the estimated useful lives of the related assets. Buildings and improvements are depreciated over the lesser of 39 years or the remaining life of the ground lease including renewal options and leasehold and permit interests.
	Amortization of intangible assets is computed using the straight-line method of accounting over the respective lease term or estimated useful life. The capitalized above-market or below-market lease intangible is amortized to rental income over the estimated remaining term of the respective leases. If a lease were to be terminated prior to its scheduled expiration, all unamortized costs related to the lease would be written off. Intangible assets with indefinite lives are not amortized, and like all intangibles, are evaluated for impairment on an annual basis or upon a trigger event.
	Investment in Unconsolidated Entities —The Company accounts for its investment in unconsolidated joint ventures under the equity method of accounting as the Company exercises significant influence, but does not maintain a controlling financial interest over these entities. These investments are recorded initially at cost and subsequently adjusted for cash contributions, distributions and equity in earnings (loss) of the unconsolidated entities. Based on the respective venture structures and preferences the Company receives on distributions and liquidation, the Company records its equity in earnings of the entities under the hypothetical liquidation at book value (“HLBV”) method of accounting. Under this method, the Company recognizes income or loss in each period as if the net book value of the assets in the ventures were hypothetically liquidated at the end of each reporting period following the provisions of the joint venture agreements. In any given period, the Company could be recording more or less income than actual cash distributions received and more or less than what the Company may receive in the event of an actual liquidation. The Company’s investment in unconsolidated entities is accounted for as an asset acquisition in which acquisition fees and expenses are capitalized as part of the basis in the investment in unconsolidated entities. The acquisition fees and expenses create an outside basis difference that are allocated to the assets of the investee and, if assigned to depreciable or amortizable assets, the basis differences are then amortized as a component of equity in earnings (loss) of unconsolidated entities.
	Acquisition Fees and Expenses — The Company incurs acquisition fees and expenses in connection with the selection and acquisition of properties, including expenses on properties it determines not to acquire. The Company immediately expenses all acquisition costs and fees associated with transactions deemed to be business combinations, but capitalizes these costs for transactions deemed to be acquisitions of an asset or equity method investment.
	Impairment of Real Estate Assets — Real estate assets are reviewed on an ongoing basis to determine whether there are any indicators, including property operating performance, general market conditions and significant changes in the manner of use or estimated holding period of the Company’s real estate assets or the strategy of its overall business, that the value of the real estate properties (including any related amortizable intangible assets or liabilities) may be impaired. To assess if a property value is potentially impaired, management compares the estimated current and projected undiscounted operating cash flows, including estimated net sales proceeds, of the property over its remaining useful life to the net carrying value of the property. Such cash flow projections consider factors such as expected future operating income, trends and prospects, as well as the effects of demand, competition and other factors. In the event that the carrying value exceeds the undiscounted operating cash flows, the Company would record an impairment provision to adjust the carrying value of the asset group to the estimated fair value of the property.
	For real estate the Company indirectly owns through an investment in a joint venture, tenant-in-common interest or other similar investment structure which is accounted for under the equity method, when impairment indicators are present, the Company compares the estimated fair value of its investment to the carrying value. An impairment charge will be recorded to the extent the fair value of its investment is less than the carrying amount and the decline in value is determined to be other than a temporary decline.
	The estimated fair values of unconsolidated entities are based upon a discounted cash flow model that includes all estimated cash inflows and outflows over the expected holding period. The capitalization rates and discounted rates utilized in the model are based upon rates that the Company believes to be within a reasonable range of current market rates for the underlying properties.
	Bargain Purchase Gain — A bargain purchase gain is recorded as a gain in earnings in the period of acquisition when the fair value of assets acquired net of liabilities assumed is greater than the consideration transferred.
	Assets Held for Sale, net and Discontinued Operations — Assets that are classified as held for sale are recorded at the lower of their carrying value or fair value less costs to dispose. The Company classifies assets as held for sale once management has the authority to approve and commits to a plan to sell, the assets are available for immediate sale, an active program to locate a buyer and the sale of the assets are probable and transfer of the assets are expected to occur within one year. Upon the determination of the assets classified as held for sale or sold, the depreciation and amortization of the assets will terminate. The related operations of assets held for sale are reported as discontinued if such operations and cash flows can be clearly distinguished both operationally and financially from the ongoing operations, such operations and cash flows will be eliminated from ongoing operations once the disposal occurs, and if the Company will not have any significant continuing involvement subsequent to the sale.
	Real Estate Dispositions — When real estate is disposed of, the related cost, accumulated depreciation or amortization and any accrued rental income for operating leases are removed from the accounts and gains and losses from the disposition are reflected in the consolidated statements of operations. Gains from the disposition of real estate are generally recognized using the full accrual method in accordance with the Financial Accounting Standards Board (“FASB”) guidance included in Real Estate Sales, provided that various criteria relating to the terms of sale and subsequent involvement by the Company with the properties are met. Gains may be deferred in whole or in part until the sales satisfy the requirements of gain recognition on sale of real estate. As of December 31, 2013, the Company deferred gains on two of its real estate dispositions as a result of making loans to the buyers financing a portion of the sales price.
	Mortgages and Other Notes Receivables — Mortgages and other notes receivable are stated at the principal amount outstanding, net of deferred loan origination costs or fees. Loan origination and other fees received by the Company in connection with making the loans are recorded as reduction of the note receivable and amortized into interest income, using the effective interest method, over the term of the loan. Acquisition fees and costs in connection with making the loans are capitalized and recorded as part of the mortgages and other notes receivable balance and amortized as a reduction of interest income over the term of the notes.
	The Company evaluates impairment on its mortgages and other notes receivable on an individual loan basis which includes, current information and events, periodic visits and quarterly discussions on the financial results of the properties being collateralized and the financial stability of the borrowers who are also tenants or third-party managers for certain properties in the Company’s real estate portfolio. The Company reviews each loan to determine the risk of loss and whether the individual loan is impaired and whether an allowance is necessary. If allowance is necessary, the Company will reduce the carrying value of the loan accordingly and record a corresponding charge to net income (loss). The credit quality of the Company’s borrowers is primarily based on their payment history on an individual loan basis, and, as such, the Company does not assign its mortgages and other note receivable in credit quality categories.
	Cash — Cash consists of demand deposits at commercial banks. The Company also invests in cash equivalents consisting of highly liquid investments in money market funds with original maturities of three months or less during the year. As of December 31, 2013, cash deposits exceeded federally insured amounts. However, the Company has not experienced any losses on such accounts. Management continues to monitor third-party depository institutions that hold the Company’s cash, primarily with the goal of safety of principal and secondarily on maximizing yield on those funds. To that end, the Company has diversified its cash among several banking institutions in an attempt to minimize exposure to any one of these entities. Management has attempted to select institutions that it believes are strong based on an evaluation of their financial stability and exposure to poor performing assets.
	Restricted Cash — Certain amounts of cash are restricted to fund capital expenditures for the Company’s real estate investment properties or represent certain tenant security deposits.
	Derivative Instruments and Hedging Activities — The Company utilizes derivative instruments to partially offset the effect of fluctuating interest rates on the cash flows associated with its variable-rate debt. The Company follows established risk management policies and procedures in its use of derivatives and does not enter into or hold derivatives for trading or speculative purposes. The Company records all derivative instruments on the balance sheet at fair value. On the date the Company enters into a derivative contract, the derivative is designated as a hedge of the exposure to variable cash flows of a forecasted transaction. The effective portion of the derivative’s gain or loss is initially reported as a component of other comprehensive income (loss) and subsequently recognized in the statement of operations in the periods in which earnings are impacted by the variability of the cash flows of the hedged item. Any ineffective portion of the gain or loss is reflected in interest expense in the statement of operations. As of December 31, 2013 and 2012, the Company’s hedges qualified as highly effective and, accordingly, all of the change in value is reflected in other comprehensive income (loss).
	Fair Value of Financial Instruments — The estimated fair value of cash, accounts receivable, accounts payable and accrued expenses approximates carrying value as of December 31, 2013 and 2012, because of the liquid nature of the assets and relatively short maturities of the obligations. See Footnote 9. “Mortgages and other Notes Receivable, net” and Footnote 10. “Indebtedness” for the Company’s estimates of the fair value of its mortgages and other notes receivable and its indebtedness as of December 31, 2013 and 2012.
	Fair Value Measurements – Fair value assumptions are based on the framework established in the fair value accounting guidance under GAAP. The framework specifies a hierarchy of valuation inputs which was established to increase consistency, clarity and comparability in fair value measurements and related disclosures. The guidance describes a fair value hierarchy based upon three levels of inputs that may be used to measure fair value, two of which are considered observable and one that is considered unobservable. The following describes the three levels of fair value inputs:
		•		Level 1 — Quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access.
		•		Level 2 — Inputs, other than quoted prices included in Level 1, that are observable for the asset or liability either directly or indirectly; such as, quoted prices for similar assets or liabilities or other inputs that can be corroborated by observable market data.
		•		Level 3 — Unobservable inputs for the asset or liability, which are typically based on the Company’s own assumptions, as there is little, if any, related market activity.
	When market data inputs are unobservable, the Company utilizes inputs that it believes reflects the Company’s best estimate of the assumptions market participants would use in pricing the asset or liability. When inputs used to measure fair value fall within different levels of the hierarchy, the level within which the fair value measurement is categorized is based on the lowest level input that is significant to the fair value measurement.
	Deferred Financing Costs — Financing costs paid in connection with obtaining long-term debt are deferred and amortized over the life of the debt using the effective interest method. As of December 31, 2013 and 2012, the accumulated amortization of loan costs was approximately $22.9 million and $15.5 million, respectively.
	Foreign Currency Translation — The accounting records for the Company’s one consolidated foreign location, in Vancouver, British Columbia, are maintained in the local currency and revenues and expenses are translated using the average exchange rates during the period. Assets and liabilities are translated to U.S. dollars using the exchange rate in effect at the balance sheet date. The resulting translation adjustments are reflected in stockholders’ equity as a cumulative foreign currency translation adjustment, a component of accumulated other comprehensive income (loss). Gains and losses from foreign currency transactions are included in the accompanying consolidated statements of operations.
	Revenue Recognition — For properties subject to operating leases, rental revenue is recorded on a straight-line basis over the terms of the leases. Additional percentage rent that is due contingent upon tenant performance thresholds, such as gross revenues, is deferred until the underlying performance thresholds have been achieved. Property operating revenues from managed properties, which are not subject to leasing arrangements, are derived from room rentals, food and beverage sales, ski and spa operations, golf operations, membership dues, ticket sales, concessions, waterpark and themepark operations, resident rental fees, assistance services, and other service revenues. Such revenues, excluding membership dues, are recognized when rooms are occupied, when services have been performed, and when products are delivered. Membership dues are recognized ratably over the term of the membership period. For mortgages and other notes receivable, interest income is recognized on an accrual basis when earned, except for loans placed on non-accrual status, for which interest income is recognized when received. Any deferred portion of contractual interest is recognized on a straight-line basis over the term of the corresponding note. Loan origination fees charged and acquisition fees incurred in connection with the making of loans are recognized as interest income, and a reduction in interest income, respectively over the term of the notes.
	Capital Improvement Reserve Income — The Company’s leases require the tenants to pay certain contractual amounts that are set aside by the Company for replacements of fixed assets and other improvements to the properties. These amounts are and will remain the property of the Company during and after the term of the lease. The amounts are recorded as capital improvement reserve income at the time that they are earned and are included in rental income from operating leases in the accompanying consolidated statements of operations.
	Mortgages and Other Notes Payable — Mortgages and other notes payable are recorded at the stated principal amount and are generally collateralized by the Company’s lifestyle properties with monthly interest only and/or principal payments. A loan that is accounted for as a troubled debt restructure is recorded at the present value of the future cash payments, principal and interest, specified by the new terms. The Company may undergo a troubled debt restructuring if management determines that the underlying collateralized properties are not performing to meet debt service. In order to qualify as a troubled debt restructure the following must apply: (i) the underlying collateralized property value decreased as a result of the economic environment, (ii) transfer of asset (cash) to partially satisfy the loan has occurred and (iii) new loan terms decrease the effective interest rate and extend the maturity date. The difference between the future cash payments specified by the new terms and the carrying value immediately preceding the restructure is recorded as gain on extinguishment of debt.
	Income Taxes — The Company has elected to be taxed as a REIT under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended and related regulations beginning with the year ended December 31, 2004. As a REIT, the Company generally is not subject to federal corporate income taxes provided it distributes at least 100% of its REIT taxable income and capital gains and meets certain other requirements for qualifying as a REIT. Subject to compliance with applicable tax law, certain properties may be operated using an eligible third-party manager. In those cases, taxable income from those operations may be subject to federal income tax. Management believes that the Company was organized and operated in a manner that enabled the Company to continue to qualify for treatment as a REIT for federal income tax purposes for the years ended December 31, 2013, 2012 and 2011.
	Under the provisions of the Internal Revenue Code and applicable state laws, each TRS entity of the Company is subject to taxation of income on the profits and losses from its operations. The Company accounts for federal and state income taxes with respect to its TRS entities using the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the consolidated financial statement carrying amounts of existing assets and liabilities and respective tax bases and operating losses and tax-credit carry forwards.
	Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be realized.
	Earnings (loss) Per Share — Earnings (loss) per share is calculated based upon the weighted-average number of shares of common stock outstanding during the period.
	Use of Estimates — The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the financial statements, the reported amounts of revenues and expenses during the reporting periods and the disclosure of contingent liabilities. For example, significant estimates and assumptions are made in connection with the allocation of purchase price and the analysis of real estate, equity method investments and for impairments. Actual results could differ from those estimates.
	Out of Period Adjustments — During the fourth quarter of 2012, the Company identified errors in the consolidated financial statements relating to prior years. The Company understated expenses related to the transition of certain properties from leased to managed structure which resulted in an understatement of loss on lease terminations by $1.6 million and an understatement of other operating expenses by $2.2 million. The Company concluded these adjustments were not material, individually or in the aggregate, to its results for this or any of the prior periods and, as such, the Company recorded out of period adjustments to increase its net loss during the fourth quarter of 2012 by $3.8 million.
	In July 2013, the Company completed the sale of 42 senior housing properties held through three unconsolidated joint ventures. In connection with the transaction, the Company received aggregate net sales proceeds of approximately $195.4 million and recorded an aggregate gain of approximately $55.4 million. The carrying amounts of the investments relating to the unconsolidated joint ventures were understated prior to disposition as a result of acquisition fees and costs that were incorrectly expensed in prior years. The Company concluded these adjustments were not material, individually or in the aggregate, to its results for this or any of the prior periods and, as such, the Company recorded out of period adjustments that increased the gain on sale in the third quarter of 2013 by approximately $1.9 million. See “Footnote 8. Variable Interest and Unconsolidated Entities” for additional information.
	Revision to Previously Issued Financial Statements — In connection with the preparation of its financial statements, the Company determined that the Consolidated Statements of Cash Flows for the year ended December 31, 2012 contained an error in the presentation of a deposit escrowed as additional collateral to one of the Company’s loans, entered into by a non-guarantor subsidiary during the three months ended September 30, 2012, in the amount of approximately $11.2 million. Accordingly, the Company revised the Consolidated Statements of Cash Flows and the Supplemental Consolidating Statement of Cash Flows for the Consolidated Statements of Cash Flows and the Supplemental Consolidating Statement of Cash Flows for the year ended December 31, 2012 as follows (in thousands):
			Year Ended
			December 31,
			2012
	CNL Lifestyle Properties, Inc.
	Cash flows provided by operating activities, as reported		$	76,726
	Cash flows provided by operating activities, as revised		$	87,893
	Cash flows used in investing activities, as reported		$	(260,297	)
	Cash flows used in investing activities, as revised		$	(271,464	)
	Non-Guarantor Subsidiares
	Cash flows provided by operating activities, as reported		$	70,093
	Cash flows provided by operating activities, as revised		$	81,260
	Cash flows used in investing activities, as reported		$	(233,256	)
	Cash flows used in investing activities, as revised		$	(244,423	)
	The Company concluded that the corrections were not material to any of its previously issued consolidated financial statements based on an analysis of quantitative and qualitative factors performed in accordance with the guidance provided in Securities Exchange Commission (“SEC”) Staff Accounting Bulletin No. 99, “Materiality.” The error and revisions did not affect the Company’s Consolidated Balance Sheets, Consolidated Statements of Operations, Consolidated Statements of Comprehensive Losses, Consolidated Statements of Stockholders’ Equity, Supplemental Consolidating Balance Sheet, Supplemental Consolidating Statement of Operations, Supplemental Consolidating Statement of Comprehensive Loss or cash balances for any reporting periods. Additionally, the revisions did not affect the Company’s compliance with any financial covenants.
	Segment Information — Operating segments are components of an enterprise for which separate financial information is available and is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and assess performance. The Company’s chief operating decision maker currently evaluates the Company’s operations from a number of different operational perspectives including but not limited to a property-by-property basis and by tenant and operator. The Company derives all significant revenues from a single reportable operating segment of business, lifestyle real estate regardless of the type (ski, attractions, senior housing, etc.) or ownership structure (leased or managed). In addition, the Company evaluated each individual property and determined they were individually less than 10% of the combined revenue for the year ended December 31, 2013. Accordingly, the Company does not report segment information; nevertheless, management periodically evaluates whether the Company continues to have one single reportable segment of business.
	Reclassifications — Certain prior period amounts in the consolidated financial statements have been reclassified to conform to the current period presentation with no effect on previously reported total assets and total liabilities, net loss or stockholders’ equity. The results of operations of the real estate properties that are classified as held for sale, along with properties sold during the period, are reflected in discontinued operations for all periods presented.
	Recent Accounting Pronouncements — In July 2013, the FASB issued Accounting Standard Update (“ASU”) No. 2013-10, “Derivatives and Hedging (Topic 815): Inclusion of the Fed Funds Effective Swap Rate (or Overnight Index Swap Rate) as a Benchmark Interest Rate for Hedge Accounting Purposes (Topic 815).” This ASU permits the Fed Funds Effective Swap Rate to be used as a U.S. benchmark interest rate for hedge accounting purposes, in addition to U.S. government and the London Interbank Offer Rate (LIBOR). This ASU is effective prospectively for qualifying new or redesignated hedging relationships entered into on or after July 17, 2013. The adoption of this ASU did not have a material impact on the Company’s financial statements and disclosures.
	In February 2013, the FASB issued ASU No. 2013-02, “Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income (AOCI).” This update clarified the guidance in subtopic 220 and requires preparers to report, in one place, information about reclassifications out of AOCI. The ASU also requires companies to report changes in AOCI balances. Effective January 1, 2013, the Company adopted this ASU. The adoption of this update did not have a material impact on the Company’s financial statements and disclosures.
	In July 2012, the FASB issued ASU No. 2012-02, “Intangibles — Goodwill and Other (Topic 350).” This ASU provides an entity with the option to make a qualitative assessment about the likelihood that an indefinite-lived intangible asset is impaired and to determine whether it should perform a quantitative impairment test. This ASU is effective for annual and interim impairment tests performed for fiscal years beginning after September 15, 2012. The adoption of this ASU did not have a material effect on the Company’s financial statements and disclosures.
	In December 2011, the FASB issued ASU No. 2011-11, “Balance Sheet (Topic 210): Disclosures about Offsetting Assets and Liabilities (Topic 210).” This ASU also serves to amend the disclosure requirements in FASB ASU 815, “Derivatives and Hedging.” This ASU will require companies to provide both net amounts (those that are offset) and gross information (as if amounts are not offset) in notes to the financial statements. In January 2013, the FASB issued ASU No. 2013-01, Balance Sheet (Topic 210): Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities”, that clarifies which instruments and transactions are subject to the offsetting disclosure requirement within the scope of ASU 2011-11. This ASU is effective for interim and annual periods beginning after January 1, 2013. The adoption of this ASU did not have a material effect on the Company’s financial statements and disclosures. See Footnote 11. “Derivative Instruments and Hedging Activities” for additional information.

Acquisitions

Acquisitions	12 Months Ended
	Dec. 31, 2013
Acquisitions	'
	3	Acquisitions:
	Consolidated Entities. During the year ended December 31, 2013, the Company acquired the following properties (in thousands):
	Product/Description		Location		Date of				Purchase
					Acquisition				Price
	The Stratford Continuing Care Retirement Community — One senior housing property		Indiana			6/28/13			$	22,000	(1)
	Pioneer Village — One senior housing property		Oregon			7/31/13				14,850
	Bozeman Lodge — One senior housing property		Montana			8/9/13				31,000
	Wet ’n’ Wild Palm Springs — One attractions property		California			8/12/13				15,601	(2)
	Wet ’n’ Wild Phoenix — One attractions property		Arizona			11/26/13				33,000
	MorningStar at Dayton Place — One senior housing property		Colorado			12/13/13				29,908
	Chateau Vestavia — One senior housing property		Alabama			12/20/13				18,500
	Pacifica Peoria— One senior housing property		Arizona			12/20/13				13,250
	Pacifica Portland — One senior housing property		Oregon			12/20/13				27,250
	Pacifica Santa Clarita — One senior housing property		California			12/20/13				19,250
	Pacifica Sun City — One senior housing property		Florida			12/20/13				20,250
									$	244,859
	FOOTNOTES:
	-1	Amount shown is net of the present value of entrance fee liabilities assumed on date of acquisition of approximately $13.8 million.
	-2	In connection with the acquisition, the Company recorded approximately $2.7 million in bargain purchase gain as a result of the fair value of the net assets acquired exceeding the consideration transferred. The excess resulted from the fact that the seller did not widely market the property for sale and was motivated to sell because the property was deemed an outlier from the other investments owned by the seller.
	These properties are subject to long-term triple-net leases with initial terms of ten to 20 years with renewal options. These acquisitions are not considered material to the Company as such no pro forma information has been included.
	The following summarizes the allocation of the purchase price for the above properties and the estimated fair values of the assets acquired (in thousands):
			Total Purchase
			Price Allocation
	Land and land improvements		$	32,998
	Leasehold interests and improvements			8,715
	Buildings			184,131
	Equipment			27,343
	In-place lease intangibles (1)			5,141
	Trade name intangibles			2,291
	Other assets			703
	Other liabilities			(13,810	)
	Net assets acquired			247,512
	Bargain purchase gain			(2,653	)
	Total purchase price consideration		$	244,859
	FOOTNOTE:
	-1	The weighted-average amortization period for intangible in-place leases acquired range between 2.5 years to 15 years as of the date of acquisition.
	During the year ended December 31, 2012, the Company acquired the following properties (in thousands):
	Product/Description		Location		Date of				Purchase
					Acquisition				Price
	Dogwood Forest of Alpharetta — One senior housing property		Georgia			4/30/12			$	15,300
	Dogwood Forest of Fayetteville — One senior housing property		Georgia			4/30/12				12,900
	Dogwood Forest of Gainesville — One senior housing property		Georgia			4/30/12				38,800
	Dogwood Forest of Eagles Landing — One senior housing property		Georgia			4/30/12				12,800
	Provision Living at Godfrey — One senior housing property		Illinois			5/7/12				11,000
	Amber Ridge Memory Care — One senior housing property		Illinois			6/29/12				6,900
	Amber Ridge Assisted Living — One senior housing property		Illinois			6/29/12				3,600
	The Lodge Assisted Living and Memory Care Community — One senior housing property		Nevada			6/29/12				15,500
	Rapids Waterpark — One attractions property		Florida			6/29/12				51,850
	Culpepper Place of Fayettteville —One senior housing property		Arkansas			11/30/12				14,000
	Dogwood Forest of Cumming—One senior housing property		Georgia			12/14/12				7,500
									$	190,150
	The ten senior housing properties are operated under management agreements with third-party management operators for a term of five to 10 years, with renewal options. The one attractions property is subject to a long-term triple-net lease for an initial term of 20 years with renewal options.
	The following summarizes the allocation of the purchase price for the above properties and the estimated fair values of the assets acquired (in thousands):
			Total Purchase
			Price Allocation
	Land and land improvements		$	30,099
	Buildings			119,492
	Equipment			26,398
	In-place lease intangibles (1)			8,036
	Trade name intangibles			4,434
	Other assets			1,691
	Net assets acquired		$	190,150
	FOOTNOTE:
-1	The weighted-average amortization period for intangible in-place leases acquired was two years as of the date of acquisition.
The revenue and net operating income (loss) attributable to these newly acquired properties included in the Company’s consolidated statements of operations for the year ended December 31, 2012 were approximately $19.2 million and $(1.5) million, respectively.
The following table presents the unaudited pro forma results of operations of the Company as if each of the properties were acquired as of January 1, 2011 and owned during the years ended December 31, 2012 and 2011 (in thousands, except per share data):
		Unaudited
		Year Ended December 31,
		2012				2011
Revenues		$	488,523			$	441,401
Expenses (1)			498,574				434,501
Other expense			(60,110	)			(57,890	)
Loss from continuing operations		$	(70,161	)		$	(50,990	)
Loss per share of common stock (basic and diluted) Continuing operations		$	(0.22	)		$	(0.17	)
Weighted average number of shares of common stock outstanding (basic and diluted)			312,309				302,250
FOOTNOTE:
-1	The pro formas for the year ended December 31, 2012, were adjusted to exclude approximately $1.6 million of acquisition related expenses incurred in 2012. The pro forma for the year ended December 31, 2011, were adjusted to include these charges.

Real_Estate_Investment_Propert

Real Estate Investment Properties, net	12 Months Ended
	Dec. 31, 2013
Real Estate Investment Properties, net	'
	4	Real Estate Investment Properties, net:
	As of December 31, 2013 and 2012, real estate investment properties consisted of the following (in thousands):
			2013			2012
	Land and land improvements		$	904,409		$	1,052,350
	Leasehold interests and improvements			311,560			316,419
	Buildings			926,098			847,940
	Equipment			692,854			609,647
	Less: accumulated depreciation and amortization			(765,948	)		(649,999	)
	Total		$	2,068,973		$	2,176,357
	For the years ended December 31, 2013, 2012 and 2011, the Company had depreciation and amortization expenses of approximately $138.9 million, $125.9 million and $117.3 million, respectively, excluding properties that the Company classified as assets held for sale.
	The Company evaluates its properties on an ongoing basis, including any changes to intended use of the properties, operating performance of its properties or plans to dispose of assets to determine if the carrying value is recoverable. During 2013, the Company recorded approximately $61.0 million in impairment provisions relating to two properties when it decided that it would no longer actively pursue the development of its unimproved land and decided it would dispose of its multi-family residential property. The Company determined that the carrying values of these properties were not recoverable based on comparable land sales or potential third party sales prices. As such, the Company recorded impairments to write down the book values of the properties to the estimated sale prices less costs to sell.
	During 2013, the Company also recorded approximately $7.6 million in impairments related to a few of its smaller properties that it marketed for sale during 2013 or for which it received unsolicited offers to sell during the first quarter of 2014. The Company also recorded impairment provisions of $10.8 million related to properties that continued to experience declines in operating results from residual challenges of the economic downturn. The Company determined that the carrying values of these properties were not recoverable based on either the estimated sales prices from third party buyers less costs to sell, or in other cases, based on the discounted cash flows and residual values expected from these properties. The Company recorded these impairment provisions to write down the book values of these properties to their net recoverable value as described above.
	As discussed in Note 20. “Subsequent Events”, during the first quarter of 2014, the Company evaluated its golf portfolio and determined in March 2014, that the long term strategy included a potential sale of the golf properties. The Company made this decision based on its review of golf portfolio trends and review of market data from third parties. As a result, management of the Company approved a plan to market and sell the Company’s golf portfolio and recorded approximately $190.2 million in impairment provisions at December 31, 2013 to write down the book values of these properties to their estimated sales prices based on interests from third parties less costs to sell.
	Total impairment provisions during 2013 were approximately $269.5 million, of which $248.2 million related to real estate investment properties and $21.3 million related to assets held for sale. See Note 5. “Assets Held for Sale, net and Discontinued Operations” for additional information.

Assets_Held_for_Sale_net_and_D

Assets Held for Sale, net and Discontinued Operations	12 Months Ended
	Dec. 31, 2013
Assets Held for Sale, net and Discontinued Operations	'
	5	Assets Held for Sale, net and Discontinued Operations:
	As of December 31, 2012, the Company classified four properties as assets held for sale. During the year ended December 31, 2013, the Company decided to sell an additional five properties that were deemed non-core to its ongoing operations. Additionally, during the year ended December 31, 2013, the Company completed the sale of four properties. As of December 31, 2013, the Company classified five properties as assets held for sale. The following table presents the net carrying value of the properties classified as assets held for sale (in thousands):
			2013			2012
	Land and land improvements		$	40,097		$	2,874
	Building and building improvements			47,989			2,157
	Equipment			2,708			712
	Total		$	90,794		$	5,743
	As described in Note 4. “Real Estate Investment Properties, net” above, the Company recorded approximately $21.3 million in impairment provisions related to assets sold during the year or held for sale at December 31, 2013.
	As mentioned above, the Company completed the sale of four properties during the year ended December 31, 2013. In connection with the transaction, the Company received aggregate net sales proceeds of approximately $12.4 million and a note for approximately $0.3 million and recorded aggregate gain of approximately $2.4 million. During the year ended December 31, 2012, the Company completed the sale of three properties for an aggregate sales price of approximately $1.5 million and recorded aggregate gains of approximately $0.3 million. During the year ended December 31, 2011, the Company completed the sale of four properties for an aggregate sales price of approximately $21.0 million and received notes in an aggregate of approximately $12.5 million. In connection with the transaction, the Company recorded aggregate gains of approximately $1.2 million. The notes received as a result of selling the properties are collateralized by the properties sold. The gain or loss from the sale of these properties has been recorded as a component of discontinued operations in the accompanying consolidated statements of operations for each respective period.
	The Company classified the revenues and expenses related to all real estate properties sold and all real estate properties considered as assets held for sales (excluding unimproved land), which were not accounted for under the equity method of accounting, as of December 31, 2013, as discontinued operations in the accompanying consolidated statements of operations. The following table is a summary of loss from discontinued operations for the years ended December 31, 2013, 2012 and 2011 (in thousands):
			2013			2012			2011
	Revenues		$	10,294		$	10,804		$	13,045
	Expenses			(8,413	)		(8,221	)		(11,203	)
	Depreciation and amortization			(3,289	)		(3,351	)		(3,869	)
	Impairment provision			(21,267	)		(670	)		(13,671	)
	Operating loss			(22,675	)		(1,438	)		(15,698	)
	Gain from sale of properties			2,407			288			1,171
	Other expense			(1,741	)		(1,766	)		(2,595	)
	Loss from discontinued operations		$	(22,009	)	$	(2,916	)	$	(17,122	)

Intangible_Assets_net

Intangible Assets, net	12 Months Ended
	Dec. 31, 2013
Intangible Assets, net	'
	6	Intangible Assets, net:
	The gross carrying amount and accumulated amortization of the Company’s intangible assets as of December 31, 2013 and 2012 are as follows (in thousands):
			Gross Carrying		Accumulated			2013 Net Book
	Intangible Assets		Amount		Amortization			Value
	In place leases		$	34,745	$	(17,513	)	$	17,232
	Trade name			9,060		(1,789	)		7,271
	Trade name			12,419		—			12,419
	Total		$	56,224	$	(19,302	)	$	36,922
			Gross Carrying		Accumulated			2012 Net Book
	Intangible Assets		Amount		Amortization			Value
	In place leases		$	29,921	$	(9,742	)	$	20,179
	Trade name			10,798		(1,535	)		9,263
	Trade name			6,015		—			6,015
	Total		$	46,734	$	(11,277	)	$	35,457
	In December 2013, the Company evaluated the carrying values of certain golf and marinas properties and determined the carrying values of the trade name for one golf and two marinas properties were unrecoverable and recorded an impairment provision of approximately $1.8 million. See Note 4. “Real Estate Investment Properties, net” for additional information.
	During the year ended December 31, 2013, in connection with terminating leases on one of the Company’s attractions tenants, the Company acquired an intangible trade name asset of $4.2 million.
	Amortization expense was approximately $8.1 million, $6.3 million and $1.9 million for the years ended December 31, 2013, 2012 and 2011, respectively. The Company wrote off approximately $0.1 million, $2.5 million and $0.2 million of in-place lease intangibles related to lease terminations for the years ended December 31, 2013, 2012 and 2011, respectively, which are included as part of (Gain) loss on lease terminations in the accompanying consolidated statements of operations.
	The estimated future amortization expense for the Company’s finite-lived intangible assets as of December 31, 2013 is as follows (in thousands):
	2014		$	6,614
	2015			3,006
	2016			1,325
	2017			928
	2018			853
	Thereafter			11,777
	Total		$	24,503

Operating_Leases

Operating Leases	12 Months Ended
	Dec. 31, 2013
Operating Leases	'
	7	Operating Leases:
	As of December 31, 2013, the Company leased 72 properties under long-term, triple-net leases to third-parties. The following is a schedule of future minimum lease payments to be received under the non-cancellable operating leases with third-parties at December 31, 2013 (in thousands):
	2014		$	133,358
	2015			136,509
	2016			138,852
	2017			140,123
	2018			142,002
	Thereafter			1,399,190
	Total		$	2,090,034
	Under a triple-net lease, the tenant is responsible for paying percentage rent and capital improvement reserve rent. Capital improvement reserves are generally based on a percentage of gross revenue of the property and are set aside by the Company for capital improvements including replacements, from time to time, of furniture, fixtures and equipment. Percentage rent is generally based on a percentage of gross revenue after it exceeds a certain threshold. Total percentage rent recorded was approximately $2.5 million, $1.9 million and $1.3 million the years ended December 31, 2013, 2012 and 2011, respectively. Capital improvement reserve revenues are generally based on a percentage of gross revenue at the property and totaled approximately $25.6 million, $23.4 million and $22.6 million for the years ended December 31, 2013, 2012 and 2011, respectively. In addition, substantially all of the property expenses are required to be paid directly by the tenants, including real estate taxes which the tenants pay directly to the taxing authorities. The total annualized property taxes assessed on these properties, and paid directly by tenants, were approximately $11.9 million, $12.7 million and $12.3 million for the years ended December 31, 2013, 2012 and 2011, respectively.

Variable_Interest_and_Unconsol

Variable Interest and Unconsolidated Entities	12 Months Ended
	Dec. 31, 2013
Variable Interest and Unconsolidated Entities	'
	8	Variable Interest and Unconsolidated Entities:
	Consolidated VIEs – As of December 31, 2012, the Company had five wholly-owned subsidiaries, designed as single property entities to own and lease their respective properties to single tenant operators, which are VIEs due to future buy-out options held by the respective tenants. During the year ended December 31, 2013, one of the five VIEs sold its property and the Company classified an additional newly wholly-owned subsidiary as a VIE due to a potential future buy-out option originated in connection with its recent acquisition of one of the senior housing properties. In addition, the Company terminated its leases with one other tenant. As of December 31, 2013, the Company has four VIEs with buy-out options, of which two tenants can exercise but have not elected to do so. The remaining two tenants’ buy-out options will be exercisable in 2014 and 2018. The four buy-out options expire in July 2023 and March 2030. In addition, two other entities that hold the properties in which service providers have a significant variable interest were also determined to be VIEs. The Company determined it is the primary beneficiary and holds a controlling financial interest in each of these entities due to the Company’s power to direct the activities that most significantly impact the economic performance of the entities, as well as its obligation to absorb the losses and its right to receive benefits from these entities that could potentially be significant to these entities. As such, the transactions and accounts of these VIEs are included in the accompanying consolidated financial statements. Other than the aforementioned, the Company had no change to its four wholly-owned subsidiaries that were deemed to be VIEs and no impact to its primary beneficiary position.
	The aggregate carrying amount and major classifications of the consolidated assets that can be used to settle obligations of the VIEs and liabilities of the consolidated VIEs that are non-recourse to the Company are as follows (in thousands):
			December 31,
			2013			2012
	Assets
	Real estate investment properties, net		$	184,306		$	207,516
	Other assets		$	29,075		$	39,618
	Liabilities
	Mortgages and other notes payable		$	87,095		$	80,481
	Other liabilities		$	13,214		$	15,806
	The Company’s maximum exposure to loss as a result of its involvement with these VIEs is limited to its net investment in these entities which totaled approximately $113.1 million and $150.8 million as of December 31, 2013 and 2012, respectively. The Company’s exposure is limited because of the non-recourse nature of the borrowings of the VIEs.
	Unconsolidated Entities - As of December 31, 2012, the Company held ownership in five ventures, the DMC Partnership, the Intrawest Venture, the CNLSun I, the CNLSun II and the CNLSun III ventures. In July 2013, the Company completed the sale of its interest in 42 senior housing properties held through the CNLSun I, CNLSun II and CNLSun III ventures as a result of Sunrise Living Investments, Inc. (“Sunrise”), the Company’s venture partner, exercising its purchase option in the aforementioned ventures. In connection with the transaction, the Company received aggregate sales proceeds of approximately $195.4 million, net of transaction costs, and recorded aggregate gains of approximately $55.4 million. As of December 31, 2013, the Company holds ownership in two unconsolidated ventures. Of these, the Intrawest Venture was deemed a VIE in which the Company is not the primary beneficiary. While several significant decisions are shared between the Company and its joint venture partner in the Intrawest Joint Venture, the Company does not direct the activities that most significantly impact the venture’s performance and has not consolidated the activities of the venture. The Company’s maximum exposure to loss as a result of its interest in the Intrawest Venture is limited to the carrying amount of its investment in the venture, which totaled approximately $25.2 million and $23.5 million as of December 31, 2013 and 2012, respectively.
	In December 2012, the Intrawest Venture, elected to market for sale its seven destination retail properties to third–party buyers and classified its assets as held for sale. In accordance with accounting standards, the assets held for sale classification may be extended beyond the initial one-year period if certain exceptions are met. The Intrawest Venture met the exception where during the initial one-year period, circumstances arose that previously were considered unlikely and, as a result, the assets (disposal group) previously classified as held for sale were not sold by the end of that period. As such, the venture continued to classify these assets as held for sale at December 31, 2013. The sale of the properties was probable during the initial one-year period and continues to be probable at December 31, 2013.
	The Intrawest Venture is working with the Canada Revenue Authority to resolve an assessment and other matters related to one of its entities. The Intrawest Venture’s maximum exposure relating to these matters is approximately $14.6 million, however, it believes the more likely than not resolution will be approximately $1.3 million. As such, an accrual of $1.3 million has been reflected in the financial information for the Intrawest Venture.
	The following tables present financial information for the Company’s unconsolidated entities for the years ended December 31, 2013, 2012 and 2011 (in thousands):
	Summarized operating data:
			Year Ended December 31, 2013
			DMC			Intrawest			CNLSun I			CNLSun II			CNLSun III
			Partnership			Venture			Venture (6)			Venture (6)			Venture (6)			Total
	Revenues		$	28,062		$	—		$	71,287		$	19,654		$	21,549		$	140,552
	Property operating expenses			(796	)		—			(45,999	)		(15,439	)		(14,609	)		(76,843	)
	Depreciation and amortization			(9,182	)		—			(10,994	)		(2,244	)		(2,874	)		(25,294	)
	Interest expense			(7,908	)		—			(16,154	)		(2,057	)		(2,928	)		(29,047	)
	Interest and other income			3			—			20			—			—			23
	Income (loss) from continuing operations			10,179			—			(1,840	)		(86	)		1,138			9,391
	Discontinued operations (4)			—			2,546			—			—			—			2,546
	Net income (loss)		$	10,179		$	2,546		$	(1,840	)	$	(86	)	$	1,138		$	11,937
	Income (loss) allocable to other venture partners (1)		$	(1,166	)	$	(1,611	) (3)	$	(1,341	)	$	(8	)	$	1,788		$	(2,338	)
	Income (loss) allocable to the Company (1)		$	11,345		$	4,157		$	(499	)	$	(78	)	$	(650	)		14,275
	Amortization of capitalized costs			(433	)		(233	)		(1,305	)		(431	)		(172	)		(2,574	)
	Equity in earnings (loss) of unconsolidated entities		$	10,912		$	3,924		$	(1,804	)	$	(509	)	$	(822	)	$	11,701
	Distribution declared to the Company		$	11,345		$	1,998		$	7,797		$	1,039		$	1,660		$	23,839
	Distributions received by the Company		$	11,337		$	2,427		$	11,750	(2)	$	1,567	(2)	$	4,965	(2)	$	32,046
			Year Ended December 31, 2012
			DMC			Intrawest			CNLSun I			CNLSun II			CNLSun III			Total
			Partnership			Venture			Venture			Venture			Venture
	Revenues		$	27,858		$	—		$	137,897		$	37,301		$	43,087		$	246,143
	Property operating expenses			(2,963	) (5)		—			(87,910	)		(27,525	)		(29,131	)		(147,529	)
	Depreciation and amortization			(9,040	)		—			(23,154	)		(4,991	)		(6,457	)		(43,642	)
	Interest expense			(8,260	)		—			(32,615	)		(4,899	)		(5,858	)		(51,632	)
	Interest and other income (expense)			28			—			372			(368	)		28			60
	Income (loss) from continuing operations			7,623			—			(5,410	)		(482	)		1,669			3,400
	Discontinued operations (4)			—			(5,568	)		—			—			—			(5,568	)
	Net income (loss)		$	7,623		$	(5,568	)	$	(5,410	)	$	(482	)	$	1,669		$	(2,168	)
	Loss allocable to other venture partners (1)		$	(1,810	)	$	(1,564	) (3)	$	(7,084	)	$	(407	)	$	(1,346	)	$	(12,211	)
	Income (loss) allocable to the Company (1)		$	9,433		$	(4,004	)	$	1,674		$	(75	)	$	3,015			10,043
	Amortization of capitalized costs			(471	)		(234	)		(2,610	)		(862	)		(345	)		(4,522	)
	Equity in earnings (loss) of unconsolidated entities		$	8,962		$	(4,238	)	$	(936	)	$	(937	)	$	2,670		$	5,521
	Distribution declared to the Company		$	11,345		$	3,096		$	15,709		$	5,094		$	7,776		$	43,020
	Distributions received by the Company		$	11,353		$	2,725		$	15,665		$	5,189	(2)	$	5,256	(2)	$	40,188
	Summarized operating data:
			Year Ended December 31, 2011
			DMC			Intrawest			CNLSun I			CNLSun II			CNLSun III			Total
			Partnership			Venture			Venture (7)			Venture (7)			Venture (7)
	Revenues		$	27,481		$	—		$	127,479		$	14,439		$	9,297		$	178,696
	Property operating expenses			(738	)		—			(86,554	)		(10,276	)		(7,938	)		(105,506	)
	Depreciation and amortization			(8,935	)		—			(23,419	)		(2,255	)		(1,570	)		(36,179	)
	Interest expense			(8,499	)		—			(31,728	)		(2,121	)		(1,367	)		(43,715	)
	Interest and other income (expense)			29			—			(5,702	)		(899	)		(240	)		(6,812	)
	Income (loss) from continuing operations			9,338			—			(19,924	)		(1,112	)		(1,818	)		(13,516	)
	Discontinued operations (4)			—			(723	)		—			—			—			(723	)
	Net income (loss)		$	9,338		$	(723	)	$	(19,924	)	$	(1,112	)	$	(1,818	)	$	(14,239	)
Loss allocable to other venture partners (1)		$	(1,954	)	$	(1,733	) (3)	$	(14,021	)	$	(333	)	$	(837	)	$	(18,878	)
Income (loss) allocable to the Company (1)		$	11,292		$	1,010		$	(5,903	)	$	(779	)	$	(981	)		4,639
Amortization of capitalized costs			(487	)		(234	)		(2,501	)		(323	)		(72	)		(3,617	)
Equity in earnings (loss) of unconsolidated entities		$	10,805		$	776		$	(8,404	)	$	(1,102	)	$	(1,053	)	$	1,022
Distribution declared to the Company		$	11,292		$	3,163		$	15,127		$	1,028		$	785		$	31,395
Distributions received by the Company		$	11,422		$	2,845		$	11,218		$	406		$	—		$	25,891
FOOTNOTES:
-1	Income is allocated between the Company and its venture partners using the hypothetical liquidation book value (“HLBV”) method of accounting.
-2	For the year ended December 31, 2013, distributions received by the Company includes approximately $4.0 million, $0.5 million and $0.8 million in return of capital on the CNLSun I, CNLSun II and CNLSun III ventures, respectively. For the year ended December 31, 2012, distributions received by the Company includes approximately $1.5 million and $1.9 million in return of capital on the CNLSun II and CNLSun III ventures, respectively.
-3	This amount represents the venture partner’s portion of interest expense on a loan which the partners made to the venture. These amounts are treated as distributions for the purposes of the HLBV calculation.
-4	In connection with the planned sale of its properties, the venture classified its seven retail properties as assets held for sale and performed an impairment analysis and determined that the carrying value of one of its properties was higher than expected net sales proceeds. As such the venture recorded an impairment provision of approximately $4.5 million which is included as part of discontinued operations for the year ended December 31, 2012. No impairments were recorded for the years ended December 31, 2013 or 2011.
-5	During the year ended December 31, 2012, the DMC Partnership incurred approximately $2.3 million in acquisition costs relating to a potential acquisition that was ultimately not pursued.
-6	On July 1, 2013, the Company completed the sale of its interest in 42 senior housing properties held through CNLSun I, CNLSun II and CNLSun III ventures as discussed above. As such, summarized operating data for those ventures is reported through June 30, 2013.
-7	Represents operating data from the date of acquisition through the end of period presented.
Summarized balance sheet data
		As of December 31, 2013
		DMC			Intrawest			Total
		Partnership			Venture
Real estate assets, net		$	228,755		$	—		$	228,755
Asset held for sale			—			81,661			81,661
Other assets			13,297			15,799			29,096
Mortgages and other notes payable			131,860			70,292			202,152
Other liabilities			5,551			17,075			22,626
Partners’ capital			104,641			10,093			114,734
Carrying amount of investment (1)			107,162			25,162			132,324
Company’s ownership percentage (1)			82	%		80	%
		As of December 31, 2012
		DMC			Intrawest			CNLSun I			CNLSun II			CNLSun III			Total
		Partnership			Venture			Venture			Venture			Venture
Real estate assets, net		$	236,200		$	—		$	593,745		$	122,171		$	162,668		$	1,114,784
Asset held for sale			—			84,278			—			—			—			84,278
Other assets			12,410			14,174			30,807			5,644			10,528			73,563
Mortgages and other notes payable			135,428			73,702			434,940			104,549			120,000			868,619
Other liabilities			5,089			15,459			20,173			6,096			10,668			57,485
Partners’ capital			108,093			9,291			169,439			17,170			42,528			346,521
Carrying amount of investment (1)			107,641			23,506			108,334			13,660			34,198			287,339
Company’s ownership percentage (1)			82	%		80	%		60	%		70	%		67.9	%
FOOTNOTE:
-1	As of December 31, 2013 and 2012, the Company’s share of partners’ capital determined under HLBV was approximately $124.9 million and $265.3 million, respectively, and the total difference between the carrying amount of the investment and the Company’s share of partners’ capital determined under HLBV was approximately $7.4 million and $22.0 million, respectively.
The Company’s maximum exposure to loss is primarily limited to the carrying amount of its investment in each of the unconsolidated entities. The unconsolidated entities have debt obligations totaling approximately $202.2 million and $868.6 million as of December 31, 2013 and 2012, respectively. If the Company engages in certain prohibited activities, there are circumstances which could trigger an obligation on the part of the Company with respect to a portion of this debt.

Mortgages_and_Other_Notes_Rece

Mortgages and Other Notes Receivable, net	12 Months Ended
	Dec. 31, 2013
Mortgages and Other Notes Receivable, net	'
	9	Mortgages and Other Notes Receivable, net:
	As of December 31, 2013 and 2012, mortgages and other notes receivable consisted of the following (in thousands):
									Loan Principal Balance
			Date of Loan		Maturity	Interest	Accrued		as of December 31,
	Borrower (Description of Collateral Property)		Agreement(s)		Date	Rate	Interest		2013			2012
	Big Sky Resort (one ski resort)		9/23/08		9/1/14	12.00%	$	680	$	68,000		$	68,000
	CMR Properties, LLC and CM Resort, LLC (2) (one ski property)		6/15/10		9/30/22	9.0% - 11.0%		877		16,620			16,537
	Boyne USA, Inc. (four ski resorts)		8/10/09		9/1/14	6.3% - 15.0%		3,439		13,896			18,081
	Evergreen Alliance Golf Limited, L.P. (1)		11/12/10		12/31/16	LIBOR + 4.0%		438		5,781			5,911
	PARC Myrtle Waves, LLC (2) (one attractions property)		2/10/11		2/10/21	7.50%		169		9,000			9,000
	Grand Prix Tampa, LLC (one attractions property)		7/31/11		7/31/16	8.50%		48		3,442			3,490
	RSA Properties – Misson Hills (one golf facility)		3/28/13		4/1/14	9.00%		4		275			—
	Total						$	5,655		117,014			121,019
	Accrued interest									5,655			5,301
	Acquisition fees, net									97			109
	Loan loss provision (1) (2)									(4,803	)		(1,699	)
	Total carrying amount								$	117,963		$	124,730
	FOOTNOTES:
	-1	In April 2012, the Company restructured a $6 million outstanding working capital line of credit receivable with a borrower that was having financial difficulties into a $6 million term loan. As part of the restructure, the Company reduced the interest rate from a fixed rate of 11% per annum to a rate of LIBOR plus 4% per annum and extended the maturity date from November 2013 to December 2016, with no payments of principal or interest required until January 2014. The borrower has an option to extend the maturity date to December 2021, subject to certain terms and conditions. During 2012, the Company recorded a loan loss provision under this troubled debt restructure of approximately $1.7 million representing the difference between the expected future cash flows discounted at the original loan’s effective interest rate and the net carrying value of the loan. Additionally, as part of the restructure, any percentage rent received for certain of the golf facilities will be used to reduce the term loan until it is paid in full. The percentage rent recorded as a reduction to the term loan amounted to approximately $0.1 million for each of the years ended December 31, 2013 and 2012, respectively.
	-2	In December 2013, one of the Company’s borrowers approached the Company about modifying the terms of their debt service payments due to its current financial challenges. In anticipation of providing payment concessions to the borrower , the Company recorded a loan loss provision of approximately $1.8 million representing the difference between the expected future cash flows discounted at the original loan’s effective interest rate and the net carrying value of the loan. In addition, the Company expects to foreclose on an attractions property that serves as collateral on one of its other existing loans and recorded a loan loss provision of approximately $1.3 million based on the estimated fair value of the collateral.
	The estimated fair market value of the Company’s mortgages and other notes receivable was approximately $112.2 million and $119.3 million as of December 31, 2013 and 2012, respectively, based on discounted cash flows for each individual instrument based on market interest rates as of December 31, 2013 and 2012, respectively. Because this methodology includes inputs that are not observable by the public and are not necessarily reflected in active markets, the measurement of the estimated fair values related to the Company’s mortgage and other notes receivable is categorized as Level 3 on the three-level valuation hierarchy.
	As of December 31, 2013 and 2012, the Company had two outstanding loans to unrelated VIEs totaling approximately $16.6 million and $16.5 million, respectively, which represents the Company’s maximum exposure to loss related to these investments. The Company determined it is not the primary beneficiary of the VIEs because it does not have the ability to direct the activities that most significantly impact the economic performance of the entities.
	The following is a schedule of future principal maturities for all mortgages and other notes receivable (in thousands):
	2014		$	82,227
	2015			57
	2016			11,003
	2017			109
	2018			118
	Thereafter			23,500
	Total		$	117,014

Indebtedness

Indebtedness	12 Months Ended
	Dec. 31, 2013
Indebtedness	'
	10	Indebtedness:
	Mortgages and Other Notes Payable - As of December 31, 2013 and 2012, the Company had the following indebtedness (in thousands):
			Collateral and		Interest	Maturity		Principal Balance as of
			Approximate Carrying Value of		Rate	Date		December 31,
			Collateral at December 31, 2013					2013			2012
	Variable rate debt:
	Mortgage debt		1 multi-family residential property,		30-day LIBOR + 1.3% (1)(2)		1/2/16	$	61,042		$	62,856
			$74.7 million
	Mortgage debt		1 hotel property, $77.6 million		30-day LIBOR + 3.0% (1)(2)		8/28/16		24,811			25,000
	Mortgage debt		1 ski and mountain lifestyle property,		30-day LIBOR + 3.3% (1)(2)		9/1/19		8,746			9,070
			$20.8 million
	Mortgage debt		1 ski and mountain lifestyle property,		CDOR + 3.8% (1)(2)		11/30/14		16,603	(5)		18,434
			$32.7 million
	Mortgage debt		1 ski and mountain lifestyle property,		30-day LIBOR + 4.5% (1)(2)		12/31/15		15,450			16,350
			$32.4 million
	Mortgage debt		1 attractions property,		30-day LIBOR + 3.0% (1)		11/30/15		21,000			21,000
			$50.1 million
	Mortgage debt		5 senior housing properties,		30-day LIBOR + 3.5% (1)		4/1/16		30,000			—
			$40.8 million
	Mortgage debt		7 senior housing properties,		30-day LIBOR + 2.5% (1)(4)		6/30/14		101,298			—
			$142.1 million
	Total variable rate debt							$	278,950		$	152,710
	Mortgages and Other Notes Payable - As of December 31, 2013 and 2012, the Company had the following indebtedness (in thousands):
			Collateral and		Interest	Maturity		Principal Balance as of
			Approximate Carrying Value of					December 31,
			Collateral at December 31, 2013		Rate	Date		2013			2012
	Fixed rate debt:
	Mortgage debt		1 golf property, $6.7 million		7.30%		3/1/16	$	5,281		$	5,418
	Mortgage debt		19 golf properties and 1 ski lift attraction property, $161.9 million		6.10%		2/5/17		84,993			88,146
	Mortgage debt		8 senior housing properties,		4.35% - 4.5%		10/5/18		59,212			60,631
			$91.9 million
	Mortgage debt		1 attractions lifestyle property,		6.80%		9/28/16		19,301			19,639
			$29.9 million
	Mortgage debt		6 ski and mountain lifestyle properties,		6.10%		4/5/17		100,715			105,039
			$214.2 million
	Mortgage debt		2 hotel properties, $56.3 million		6.10%		3/1/16		48,090			50,635
	Mortgage debt		3 marina properties,		6.3% - 6.5%		9/1/2016-		11,980			12,560
			$35.2 million				12/1/16
	Mortgage debt		3 senior housing properties		4.40%		10/5/18		16,795			17,205
			$26.5 million
	Mortgage debt		1 attraction property, $110.2 million		6.00%		4/30/18		43,731			44,552
	Mortgage debt		4 senior housing properties,		3.79%		7/1/19		46,499			46,499
			$71.9 million
	Seller financing		3 ski and mountain lifestyle properties,		8.0% - 9.5%		12/31/14		34,600			34,600
			$105.2 million
	Mortgage debt		1 attractions property,		6.1% - 6.4%		11/1/2023-		10,219			11,602
			$26.5 million				4/1/25
	Senior notes		$1,088.5 million (3)		7.30%		4/15/19		396,550			396,550
	Total fixed rate debt							$	877,966		$	893,076
	Total debt							$	1,156,916		$	1,045,786
	Discount							$	(2,305	)	$	(2,684	)
	Total							$	1,154,611		$	1,043,102
	FOOTNOTES:
	-1	The 30-day LIBOR rate was approximately 0.2% as of December 31, 2013 and 2012, respectively. The 30-day CDOR rate was approximately 1.2% as of December 31, 2013 and 2012.
	-2	The Company has entered into interest rate swaps for these variable rate debts. See Note 11. “Derivative instruments and Hedging Activities” for additional information
	-3	The Company issued $400.0 million senior notes which are guaranteed by certain of its properties. See “Item 2 – Properties” for additional information.
	-4	In December 2013, the Company entered into a collateralized bridge loan agreement with a third-party lender in the amount of $115.0 million of which approximately $101.3 million was disbursed to the Company as of December 31, 2013. At maturity, the Company is require to pay the outstanding principal balance and all accrued and unpaid interest thereon. The Company has an option to extend the bridge loan for six months, provided certain terms and conditions are satisfied. In connection with obtaining the bridge loan, the Company recorded approximately $3.6 million in loan costs.
	-5	Converted from Canadian dollars to U.S. dollars at the exchange rate in place as of the end of the year.
	Line of Credit – In July 2013, the Company’s revolving line of credit was repaid in full with the proceeds from the sale of its interest in three unconsolidated senior housing joint ventures. See Note 8. “Variable Interest and Unconsolidated Entities” for additional information. In July 2013, the Company’s borrowing capacity in its revolving line of credit was reduced from $125.0 million to approximately $119.7 million as a result of the operator transition relating to three marina properties. In December 2013, the Company modified its revolving line of credit increasing the total borrowing capacity to $160.0 million, of which $50.0 million was drawn as of December 31, 2013. This revolving line of credit facility bears interest (a) between LIBOR plus 3.0% and LIBOR plus 3.75% or (b) between a base rate (the greater of the prime rate and the federal funds rate) plus 2.0% and a base rate plus 2.75%; both LIBOR and base rate pricing are contingent upon certain leverage ratios. This revolving credit facility matures in August 2015 and is collateralized by certain of the Company’s properties. The facility contains customary affirmative financial covenants and ratios including fixed charge coverage ratio, leverage ratio, interest coverage ratio, debt to total asset ratio and limitations on distributions. As of December 31, 2013, the Company was in compliance with the aforementioned financial covenants and ratios.
	The following is a schedule of future principal payments and maturities for all indebtedness (in thousands):
	2014		$	173,854
	2015			107,393
	2016			198,568
2017			165,188
2018			110,048
Thereafter			451,865
Total		$	1,206,916
As of December 31, 2013, certain loans required the Company to meet certain customary financial covenants and ratios including fixed charge coverage ratio, leverage ratio, interest coverage ratio, debt to total asset ratio and limitations on distributions, with which the Company was in compliance. The Company’s other long-term borrowings are not subject to any significant financial covenants.
In addition, under the terms of the indenture governing the Company’s senior notes, among other things, place certain limitations on the Company’s and certain of its subsidiaries, ability to (i) transfer and sell assets; (ii) pay dividends not exceeding 95% of the adjusted funds from operations as defined under, or make certain distributions, buy subordinated indebtedness or securities or make certain other restricted payments; (iii) incur or guarantee additional indebtedness or issue preferred stock; (iv) incur dividend or other payment restrictions affecting restricted subsidiaries; (v) merge, consolidate or sell all or substantially all of the Company’s assets; (vi) enter into certain transactions with affiliates; or (vii) engage in business other than a business that is the same or similar to the Company’s current business or a reasonably related extension thereof. These covenants are subject to a number of limitations and exceptions that are described in the indenture. Additionally, the indenture requires the Company to maintain, at all times, total unencumbered assets of not less than 150% of the aggregate principal amount of our consolidated unsecured indebtedness. As of December 31, 2013, the Company was in compliance with the senior notes covenants.
The estimated fair values of mortgages and other notes payable and the line of credit were approximately $803.7 million and $742.9 million as of December 31, 2013 and 2012, respectively, based on rates and spreads the Company would expect to obtain for similar borrowings with similar loan terms. Because this methodology includes inputs that are less observable by the public and are not necessarily reflected in active markets, the measurement of the estimated fair values related to the Company’s mortgage notes payable is categorized as Level 3 on the three-level valuation hierarchy. The estimated fair values of the Company’s senior notes was approximately $410.4 million and $385.6 million as of December 31, 2013 and 2012, respectively, based on prices traded for similar or identical instruments in active or inactive markets and is categorized as level 2 on the three-level valuation hierarchy.

Derivative_Instruments_and_Hed

Derivative Instruments and Hedging Activities	12 Months Ended
	Dec. 31, 2013
Derivative Instruments and Hedging Activities	'
	11	Derivative Instruments and Hedging Activities:
	The Company utilizes derivative instruments to offset partially the effect of fluctuating interest rates on the cash flows associated with its variable-rate debt. The Company follows established risk management policies and procedures in its use of derivatives and does not enter into or hold derivatives for trading or speculative purposes. The Company records all derivative instruments on its balance sheet at fair value. On the date the Company enters into a derivative contract, the derivative is designated as a hedge of the exposure to variable cash flows of a forecasted transaction. The effective portion of the derivative’s gain or loss is initially reported as a component of other comprehensive income (loss) and subsequently recognized in the statements of operations in the periods in which earnings are impacted by the variability of the cash flows of the hedged item. Any ineffective portion of the gain or loss is reflected in interest expense in the statements of operations.
	As of December 31, 2013, the Company had five interest rate swaps that were designated as cash flow hedges of interest payments from their inception. The fair value of the Company’s derivative financial instruments is included in other liabilities in the accompanying consolidated balance sheets as of December 31, 2013 and 2012.
	The following table summarizes the terms and fair values of the Company’s derivative financial instruments (in thousands):
	Notional			Strike (1)			Credit			Trade			Maturity			Fair Value Liability
	Amount						Spread (1)			Date			Date			December 31,
																2013			2012
	$	61,042			1.9	%		1.3	%		12/6/10			1/2/16		$	(1,748	)	$	(2,423	)
	$	8,746			3.6	%		3.3	%		9/28/09			9/1/19		$	(743	)	$	(1,238	)
	$	16,603	(2)		2.7	% (2)		3.8	%		12/1/09			12/1/14		$	(233	)	$	(460	)
	$	15,450			2.2	%		4.5	%		1/13/11			12/31/15		$	(524	)	$	(761	)
	$	24,811			1.3	%		3	%		8/30/11			8/28/16		$	(446	)	$	(716	)
	The following table summarizes the gross and net amounts of the Company’s derivative financial instruments (in thousands):
				As of December 31, 2013									Gross Amounts Not Offset
													in the Balance Sheets
	Notional			Gross			Gross			Net Amounts			Financial			Cash			Net
	Amount of			Amounts of			Amounts			of Liabilities			Instruments			Collateral			Amount
	Cash Flow			Recognized			Offset in the			Presented in the
	Hedges			Liabilities			Balance Sheets			Balance Sheets
	$	61,042		$	(1,748	)	$	—		$	(1,748	)	$	(1,748	)	$	—		$	(1,748	)
	$	8,746		$	(743	)	$	—		$	(743	)	$	(743	)	$	—		$	(743	)
	$	16,603	(2)	$	(233	)	$	—		$	(233	)	$	(233	)	$	—		$	(233	)
	$	15,450		$	(524	)	$	—		$	(524	)	$	(524	)	$	—		$	(524	)
	$	24,811		$	(446	)	$	—		$	(446	)	$	(446	)	$	—		$	(446	)
				As of December 31, 2012									Gross Amounts Not Offset
													in the Balance Sheets
	Notional			Gross			Gross			Net Amounts			Financial			Cash			Net
	Amount of			Amounts of			Amounts			of Liabilities			Instruments			Collateral			Amount
	Cash Flow			Recognized			Offset in the			Presented in the
	Hedges			Liabilities			Balance Sheets			Balance Sheets
	$	62,856		$	(2,423	)	$	—		$	(2,423	)	$	(2,423	)	$	—		$	(2,423	)
	$	9,070		$	(1,238	)	$	—		$	(1,238	)	$	(1,238	)	$	—		$	(1,238	)
	$	18,434	(2)	$	(460	)	$	—		$	(460	)	$	(460	)	$	—		$	(460	)
	$	16,350		$	(761	)	$	—		$	(761	)	$	(761	)	$	—		$	(761	)
	$	25,000		$	(716	)	$	—		$	(716	)	$	(716	)	$	—		$	(716	)
	FOOTNOTES:
	-1	The strike rate does not include the credit spread on each of the notional amounts.
	-2	The Company swapped the interest rate on its $20.0 million loan denominated in Canadian dollars to a fixed interest rate of 6.4%. The notional amount has been converted from Canadian dollars to U.S. dollars at an exchange rate of 0.94 and 1.00 Canadian dollars for $1.00 U.S. dollar on December 31, 2013 and 2012, respectively.
	As of December 31, 2013, the Company’s hedges qualified as highly effective and, accordingly, all of the change in value is reflected in other comprehensive income (loss). Determining fair value and testing effectiveness of these financial instruments requires management to make certain estimates and judgments. Changes in assumptions could have a positive or negative impact on the estimated fair values and measured effectiveness of such instruments could, in turn, impact the Company’s results of operations.

Fair_Value_Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2013
Fair Value Measurements	'
	12	Fair Value Measurements:
	The Company has five investment properties that were classified as assets held for sale and carried at fair value as of December 31, 2013. The Level 3 unobservable inputs used in determining the fair value of the real estate properties include, but are not limited to, comparables sales transactions and other information from brokers and potential buyers, as applicable.
	The Company’s derivative instruments are valued primarily based on inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, volatilities, and credit risks) and are classified as Level 2 in the fair value hierarchy. The valuation of derivative instruments also includes a credit value adjustment which is a Level 3 input. However, the impact of the assumption is not significant to its overall valuation calculation, and therefore the Company considers its derivative instruments to be classified as Level 2. The fair value of such instruments is included in other liabilities in the accompanying consolidated balance sheets.
	The Company is making an accounting policy election to use the exception in ASU 820-10-35-18D with respect to measuring fair value of a group of financial assets and financial liabilities entered into with a particular counterparty, where the Company reports the net exposure to the credit risk of that counterparty.
	The following tables show the fair value of the Company’s financial assets and liabilities carried at fair value as of December 31, 2013 and 2012, as follows (in thousands):
			Fair Value		Level 1		Level 2		Level 3
			Measurement as
			of December 31,
			2013
	Assets:
	Assets held for sale carried at fair value		$	90,794	$	—	$	—	$	90,794
	Liabilities:
	Derivative instruments		$	3,694	$	—	$	3,694	$	—
			Fair Value		Level 1		Level 2		Level 3
			Measurement as
			of December 31,
			2012
	Assets:
	Assets held for sale carried at fair value		$	5,743	$	—	$	—	$	5,743
	Liabilities:
	Derivative instruments		$	5,598	$	—	$	5,598	$	—

Income_Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2013
Income Taxes	'
	13	Income Taxes:
	As of December 31, 2013 and 2012, the Company recorded net current and long-term deferred tax assets related to depreciation differences, deferred income, and net operating losses at its TRS subsidiaries and properties under foreclosure elections as a result of certain tenant defaults and lease terminations. Because there are no historical earnings and no certainty that such deferred tax assets will be available to offset future tax liabilities, the Company has established a full valuation allowance as of December 31, 2013 and 2012. The components of the deferred taxes recognized in the accompanying consolidated balance sheets at December 31, 2013 and 2012 are as follows (in thousands):
			Year Ended December 31,
			2013			2012
	Net operating losses		$	101,277		$	94,096
	Book/tax differences in deferred income			2,834			2,101
	Book/tax differences in acquired assets			(53,412	)		(47,739	)
	Total deferred tax asset			50,699			48,458
	Valuation allowance			(50,699	)		(48,458	)
			$	—		$	—
	The Company’s TRS subsidiaries had net operating loss carry-forwards for federal and state purposes of approximately $250.0 million and $233.2 million as of December 31, 2013 and 2012, respectively, to offset future taxable income. The estimated net operating loss carry-forwards will expire as follows (in thousands):
	Expiration Year		Net
			Operating
			Loss
	2025		$	1,600
	2026		$	5,600
	2027		$	26,700
	2028		$	44,900
	2029		$	48,000
	2030		$	39,700
	2031		$	32,100
	2032		$	34,600
	2033		$	16,800
	The Company analyzed its material tax positions and determined that it has not taken any uncertain tax positions. In addition, the Company has determined that no significant differences exist between the total income tax expense or benefit and the amount computed by applying the statutory federal income rate to its TRS income before taxes without record to the impact of the valuation allowance.

Related_Party_Arrangements

Related Party Arrangements	12 Months Ended
	Dec. 31, 2013
Related Party Arrangements	'
	14	Related Party Arrangements:
	In April 2013, the Company paid an affiliate, CNL Commercial Real Estate, Inc., a sales commission totaling approximately $0.2 million in connection with the sale of one of its properties under the terms of an exclusive right of sale listing agreement.
	For the years ended December 31, 2013, 2012 and 2011, the Advisor and former advisor collectively earned fees and incurred reimbursable expenses as follows (in thousands):
			Year Ended December 31,
			2013		2012		2011
	Acquisition fees:
	Acquisition fees from offering proceeds (1)		$	1,286	$	1,785	$	7,244
	Acquisition fees from debt proceeds (2)			3,273		5,235		22,009
	Total			4,559		7,020		29,253
	Asset management fees (3)			34,683		35,725		31,802
	Reimbursable expenses: (4)
	Offering costs (5)			—		—		1,251
	Acquisition costs (6)			252		409		378
	Operating expenses (7)			7,246		8,002		11,419
	Total			7,498		8,411		13,048
	Total fees earned and reimbursable expenses		$	46,740	$	51,156	$	74,103
	FOOTNOTES:
	-1	Acquisition fees are paid for services in connection with the selection, purchase, development or construction of real property. The fees are generally equal to 3.0% of gross offering proceeds from the sale of the Company’s common stock including proceeds from shares sold under its distribution reinvestment plan (“DRP”). These amounts are recorded as acquisition fees and costs in the accompanying consolidated statements of operations.
	-2	Acquisition fees from debt proceeds are paid for services in connection with the incurrence of indebtedness, including the Company’s pro-rata share of joint venture indebtedness. The fees are generally equal to 3.0% of loan proceeds. These amounts are recorded as loan costs and are included as part of other assets in the accompanying consolidated balance sheets.
	-3	Asset management fees are equal to 0.08334% per month of the Company’s real estate asset value, which is generally the amount actually paid or allocated to the purchase, development, construction or improvement of a property, and the outstanding principal amount of any mortgage note receivable as of the end of the preceding month. These amounts are recorded as asset management fees to advisor in the accompanying consolidated statements of operations.
	-4	The Advisor and its affiliates are entitled to reimbursement of certain expenses incurred on behalf of the Company in connection with the Company’s organization, offering, acquisitions, and operating activities. Pursuant to the advisory agreement, the Company will not reimburse the Advisor for any amount by which total operating expenses paid or incurred by the Company exceed the greater of 2.0% of average invested assets or 25.0% of net income (the “Expense Cap”) in any expense year, as defined in the advisory agreement. For the expense years ended December 31, 2013, 2012 and 2011, operating expenses did not exceed the Expense Cap. Amount representing offering costs are recorded as part of stock issuance and offering costs in the accompanying consolidated statements of stockholders’ equity. Amounts representing acquisition costs are recorded as part of acquisition fees and costs in the accompanying consolidated statements of operations. Amounts representing operating expenses are recorded as part of general and administrative expenses in the accompanying consolidated statements of operations.
	-5	Includes approximately $0.1 million for reimbursable offering costs to the Advisor for services provided to the Company for its executive officers during the year ended December 31, 2011. The reimbursable expenses include components of salaries, benefits and other overhead charges. No such reimbursable costs were incurred during the years ended December 31, 2013 and 2012.
	-6	Includes approximately $0.1 million for reimbursable expenses to the Advisor for services provided to the Company for its executive officers during each of the years ended December 31, 2013 and 2012. The reimbursable expenses include components of salaries, benefits and other overhead charges. No such reimbursable expenses were incurred during the year ended December 31, 2011.
	-7	Includes approximately $0.6 million, $0.5 million and $0.8 million for reimbursable expenses to the Advisor for services provided to the Company for its executive officers during the years ended December 31, 2013, 2012 and 2011, respectively. The reimbursable expenses include components of salaries, benefits and other overhead charges.
	CNL Securities Corp., the managing dealer of the Company’s common stock offering received fees and compensation in connection with the Company’s third and final public offering of common stock, which was completed on April 9, 2011. For the year ended December 31, 2011, the Company incurred fees to related parties in connection with shares sold in that offering of approximately $12.9 million in selling and commission fees and approximately $5.5 million in marketing support fee and due diligence expense reimbursements. These fees were recorded as part of stock issuance and offering costs in the accompanying consolidated statements of stockholders’ equity.
	In March 2014, the Company’s Advisor amended the advisory agreement, effective April 1, 2014, to eliminate or reduce certain of the aforementioned fees, as described further in Note 20. “Subsequent Events”.
	Amounts due to affiliates for fees and expenses described above are as follows (in thousands):
			As of December 31,
			2013		2012
	Due to the Advisor and its affiliates:
	Asset management fees		$	—	$	14
	Operating expenses			671		509
	Acquisition fees and expenses			354		463
	Total		$	1,025	$	986
	The Company also maintains accounts at a bank in which the Company’s chairman and vice-chairman serve as directors. The Company had deposits at that bank of approximately $8.6 million and $5.5 million as of December 31, 2013 and 2012, respectively.

Stockholders_Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2013
Stockholders' Equity	'
	15	Stockholders’ Equity:
	Distribution Reinvestment Plan —In 2011 the Company completed its final offering and filed a registration statement on Form S-3 under the Security Exchange Act of 1933, as amended, to register the sale of up to an additional $250 million (26.3 million shares of common stock) under its DRP. In August 2012, in order to comply with requirements that became applicable once the Company completed its offerings, the Company’s Board of Directors determined its estimated net asset value (“NAV”) per share was $7.31. Accordingly, effective August 2012, DRP shares were offered at $6.95, which represented a 5% discount to the estimated NAV of $7.31. For the year ended December 31, 2013, the Company received aggregate proceeds of approximately $54.9 million (representing 7.9 million shares) through its DRP. In March 2014, the Company’s Board of Directors approved a revised estimate of NAV of $6.85 per share effective as of December 31, 2013 and amended its DRP so that shares under the Company’s DRP would be sold at the new estimated NAV of $6.85 per share rather than a discount to the NAV.
	Distributions- In order to qualify as a REIT for federal income tax purposes, the Company must, among other things, make distributions each taxable year equal to at least 90.0% of its REIT taxable income. The Company intends to make regular distributions, and the Board of Directors currently intends to declare and pay distributions on a quarterly basis. For the years ended December 31, 2013, 2012 and 2011, the Company declared and paid distributions of approximately $135.5 million ($0.4252 per share), $163.7 million ($0.5252 per share) and $188.4 million ($0.6252 per share), respectively.
	For the year ended December 31, 2013, approximately 29.3% of the distributions paid to stockholders were considered capital gain as a result of the gain on the sale of the Company’s three unconsolidated senior housing joint ventures and approximately 70.7% were considered a return of capital to stockholders for federal income tax purposes. For both of the years ended December 31, 2012 and 2011, approximately 0.0% of the distributions paid to stockholders were considered taxable income and approximately 100.0% were considered a return of capital to stockholders for federal income tax purposes. No amounts distributed to stockholders for the years ended December 31, 2013, 2012 and 2011 were required to be or have been treated as a return of capital for purposes of calculating the stockholders’ return on their invested capital as described in the advisory agreement.
	Redemption of Shares —The Company redeems shares pursuant to its redemption plan, which is designed to provide eligible stockholders with limited interim liquidity by enabling them to sell shares back to the Company prior to any listing of its shares. There is currently a sizable backlog and a waiting list for redemption requests and stockholders will likely wait a long period of time to have their shares redeemed, if ever.
	Beginning in the second fiscal quarter of 2010, the Company’s Board of Directors determined that redemptions under its DRP would be limited to $7.5 million per calendar quarter. Effective for the first quarter of 2012, the Company’s Board of Directors approved redemptions of up to $1.75 million per calendar quarter. For shareholders redeemed prior to August 1, 2012, the redemption price per share was a percentage of the offering price; and the applicable percentage was based on the number of years the stockholder held the shares as of the date of the redemption request (the “Redemption Percentage”).
	On August 9, 2012, the Company’s Board determined that the estimated NAV per share was $7.31. The Company executed the Third Amended and Restated Redemption Plan (the “Redemption Plan”) to revise the redemption price so that for those shares redeemed after August 1, 2012, the redemption price per share would be based on the applicable Redemption Percentage of the Company’s estimated value per share on the date the redemption was effected. Pursuant to the DRP, shareholders may not request redemption of less than 25% of their shares.
	In addition, on August 9, 2012, the Board of Directors approved an increase of the redemption amount to the lesser of (i) $3.0 million per calendar quarter or (ii) the amount of aggregate proceeds available under the Company’s DRP, effective as of the third quarter of 2012.
	The following details the Company’s redemptions for the years ended December 31, 2013 and 2012 (in thousands except per share data).
			First			Second			Third			Fourth			Full Year
	2013 Quarters
	Requests in queue			9,726			9,962			10,109			10,312			9,726
	Redemptions requested			716			825			685			696			2,922
	Shares redeemed:
	Prior period requests			(213	)		(70	)		(77	)		(190	)		(550	)
	Current period requests			(192	)		(351	)		(329	)		(223	)		(1,095	)
	Adjustments (1)			(75	)		(257	)		(76	)		(48	)		(456	)
	Pending redemption requests (2)			9,962			10,109			10,312			10,547			10,547
	Average price paid per share		$	7.31		$	7.3		$	7.29		$	7.26		$	7.29
			First			Second			Third			Fourth			Full Year
	2012 Quarters
	Requests in queue			6,419			7,763			8,512			8,856			6,419
	Redemptions requested			1,574			1,010			1,064			1,535			5,183
	Shares redeemed:
	Prior period requests			(4	)		(177	)		(245	)		(98	)		(524	)
	Current period requests			(172	)		—			(158	)		(319	)		(649	)
	Adjustments (1)			(54	)		(84	)		(317	)		(248	)		(703	)
	Pending redemption requests (2)			7,763			8,512			8,856			9,726			9,726
	Average price paid per share		$	9.92		$	9.92		$	7.31		$	7.3		$	8.06
	FOOTNOTES:
	-1	This amount represents redemption request cancellations and other adjustments.
	-2	Requests that are not fulfilled in whole during a particular quarter will be redeemed on a pro rata basis to the extent funds are made available pursuant to the redemption plan.

Concentrations_of_Risk

Concentrations of Risk	12 Months Ended
	Dec. 31, 2013
Concentrations of Risk	'
	16	Concentrations of Risk:
	As of December 31, 2013 and 2012, the Company had zero and one tenant, Evergreen Alliance Golf Limited, L.P. (“EAGLE”) that individually accounted for 10.0% or more of its aggregate assets. EAGLE leased 32 golf facilities with the carrying value of the properties at 10.1% as of December 31, 2012. There were no tenants that individually accounted for 10.0% or more of the Company’s total revenues for the three years ended December 31, 2013.
	Additionally, the Company made a loan to EAGLE which generated interest income of approximately $0.2 million for each of the years ended December 31, 2013 and 2012 and approximately $0.5 million for the year ended December 31, 2011.
	Failure of the above tenant or borrower to pay contractual lease or interest payments could significantly impact the Company’s results of operations and cash flows from operations which, in turn would impact its ability to pay debt service and make distributions to stockholders.
	The Company’s real estate investment portfolio is geographically diversified with properties in 36 states and Canada. The Company owns ski and mountain lifestyle properties in eight states and Canada with a majority of those properties located in the northeast, California and Canada. The Company’s golf properties are located in 15 states with a majority of those facilities located in “Sun Belt” states. The Company’s attractions properties are located in 13 states with a majority located in the Southern and Western United States.

Commitments_and_Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2013
Commitments and Contingencies	'
	17	Commitments and Contingencies:
	A purported class action lawsuit on behalf of shareholders who purchased shares under our DRP on or after April 1, 2010, Allyn v. CNL Lifestyle Properties, Inc. et al., was filed on January 18, 2013 in the United States District Court for the Middle District of Florida against the Company and certain of our current and former directors. The lawsuit alleged claims of breach of fiduciary duty against the directors and constructive trust and unjust enrichment against the Company. On November 27, 2013, the United States District Court for the Middle District of Florida granted the Company’s motion to dismiss the case for failure to state a cause of action and dismissed the lawsuit with prejudice, from which no appeal was taken.
	The Company acquired certain properties that are on land owned by a governmental entity or other third party where the Company owns a leasehold interest which requires payment of ground lease and permit fees in accordance with the lease agreement. For properties that are subject to a leasing arrangement, ground leases and permit fees are paid by the tenants and the Company records the corresponding equivalent revenue in rental income from operating leases. For properties that are on a managed structure, ground leases and permit fees are paid by the Company.
	The following is a schedule of future obligations under ground leases and land permits (in thousands):
	2014		$	15,677
	2015			15,677
	2016			15,527
	2017			15,504
	2018			15,504
	Thereafter			224,815
	Total		$	302,704
	From time to time the Company may be exposed to litigation arising from operations of its business in the ordinary course of business. Management is not aware of any litigation that it believes will have a material adverse impact on the Company’s financial condition or results of operations.

Selected_Quarterly_Financial_D

Selected Quarterly Financial Data	12 Months Ended
	Dec. 31, 2013
Selected Quarterly Financial Data	'
	18	Selected Quarterly Financial Data (Unaudited):
			First			Second			Third (2)			Fourth			Full Year
	2013 Quarters
	Total revenues		$	104,523		$	131,107		$	176,024		$	101,147		$	512,801
	Operating income (loss)			(4,073	)		(45,123	)		36,713			(217,360	)		(229,843	)
	Equity in earnings (loss) of unconsolidated entities			(1,123	)		6,159			4,147			2,518			11,701
	Income (loss) from continuing operations			(22,647	)		(56,897	)		81,680			(232,666	)		(230,530	)
	Discontinued operations (1)			(653	)		1,693			(3,387	)		(19,662	)		(22,009	)
	Net income (loss)			(23,299	)		(55,204	)		78,293			(252,329	)		(252,539	)
	Weighted average number of shares outstanding (basic and diluted)			316,382			317,959			319,507			321,063			318,742
	Earnings (loss) per share of common stock (basic and diluted)		$	(0.07	)	$	(0.17	)	$	0.24		$	(0.79	)	$	(0.79	)
			First			Second			Third			Fourth (2)			Full Year
	2012 Quarters
	Total revenues		$	87,226		$	117,849		$	173,041		$	94,426		$	472,542
	Operating income (loss)			(9,236	)		(6,046	)		39,633			(37,398	)		(13,047	)
	Equity in earnings (loss) of unconsolidated entities			1,231			2,277			2,266			(253	)		5,521
	Income (loss) from continuing operations			(23,797	)		(20,014	)		24,193			(53,539	)		(73,157	)
	Discontinued operations (1)			(946	)		71			(579	)		(1,462	)		(2,916	)
	Net income (loss)			(24,743	)		(19,942	)		23,613			(55,001	)		(76,073	)
	Weighted average number of shares outstanding (basic and diluted)			309,235			311,860			313,250			314,858			312,309
	Earnings (loss) per share of common stock (basic and diluted)		$	(0.08	)	$	(0.06	)	$	0.08		$	(0.18	)	$	(0.24	)
	FOOTNOTES:
	-1	The Company classified certain properties as assets held for sale and reclassified the results related to those properties to discontinued operations for all periods presented.
	-2	Includes impact from out of period adjustments as described in “Footnote 2 – Significant Accounting Policies”.

Supplemental_Consolidating_Fin

Supplemental Consolidating Financial Statements	12 Months Ended
	Dec. 31, 2013
Supplemental Consolidating Financial Statements	'
	19	Supplemental Consolidating Financial Statements:
	The Company had issued senior obligations which are guaranteed by certain of the Company’s consolidated subsidiaries (the “Guarantor Subsidiaries”). The guarantees are joint and several, full and unconditional.
	In June 2013, the Company revised the presentation of the changes in other comprehensive income (loss) to reflect those correctly as changes in both the Issuer and the Consolidating Adjustments columns, with a net zero impact to the Consolidated columns. The Company has determined that these revisions are not material to the related financial statements. The impact of these revisions (which had a net zero impact to the Consolidated column) are to increase (decrease) comprehensive income (loss) for the Issuer column and to reflect an off-setting (increase) decrease of the comprehensive income (loss) in the Consolidating Adjustments column as follows (in thousands):
	For the Years Ended:
	December 31, 2012, as reported		$	(76,073	)
	December 31, 2012, as revised		$	(74,282	)
	December 31, 2011, as reported		$	(69,610	)
	December 31, 2011, as revised		$	(73,425	)
	The following summarizes the Company’s consolidated balance sheet as of December 31, 2013 and 2012, statement of operations, statement of comprehensive income (loss) and statement of cash flows for the years ended December 31, 2013, 2012 and 2011 (in thousands):
	CONSOLIDATING BALANCE SHEET
	As of December 31, 2013
			Issuer			Guarantor			Non-Guarantor			Consolidating			Consolidated
						Subsidiaries			Subsidiaries			Adjustments
	ASSETS
	Real estate investment properties, net		$	—		$	846,914		$	1,222,059		$	—		$	2,068,973
	Investments in unconsolidated entities			—			132,324			—			—			132,324
	Investments in subsidiaries			1,726,328			1,150,443			1,865,714			(4,742,485	)		—
	Mortgages and other notes receivable, net			—			45,947			114,469			(42,453	)		117,963
	Assets held for sale, net			—			6,106			84,688			—			90,794
	Cash			37,668			15,671			18,235			—			71,574
	Deferred rent and lease incentives			—			29,839			27,539			—			57,378
	Other assets			11,355			15,829			25,126			—			52,310
	Restricted cash			33			26,595			24,707			—			51,335
	Intangibles, net			—			18,094			18,828			—			36,922
	Accounts and other receivables, net			—			12,241			8,839			—			21,080
	Total Assets		$	1,775,384		$	2,300,003		$	3,410,204		$	(4,784,938	)	$	2,700,653
	LIABILITIES AND STOCKHOLDERS’ EQUITY
	Mortgages and other notes payable		$	—		$	246,295		$	555,433		$	(41,536	)	$	760,192
	Senior notes, net of discount			394,419			—			—			—			394,419
	Other liabilities			—			33,447			43,369			—			76,816
	Line of credit			—			50,000			—			—			50,000
	Accounts payable and accrued expenses			11,584			13,526			25,630			(917	)		49,823
	Due to affiliates			1,003			8			14			—			1,025
	Total Liabilities			407,006			343,276			624,446			(42,453	)		1,332,275
	Commitments and contingencies
	Stockholders’ equity:
	Preferred stock, $.01 par value per share			—			—			—			—			—
	Excess shares, $.01 par value per share			—			—			—			—			—
	Common stock, $.01 par value per share			3,226			—			—			—			3,226
	Capital in excess of par value			2,846,265			6,027,607			8,700,131			(14,727,738	)		2,846,265
	Accumulated earnings (deficit)			(401,985	)		58,777			9,853			(68,630	)		(401,985	)
	Accumulated distributions			(1,073,422	)		(4,129,657	)		(5,918,520	)		10,048,177			(1,073,422	)
	Accumulated other comprehensive loss			(5,706	)		—			(5,706	)		5,706			(5,706	)
				1,368,378			1,956,727			2,785,758			(4,742,485	)		1,368,378
	Total Liabilities and Stockholders’ Equity		$	1,775,384		$	2,300,003		$	3,410,204		$	(4,784,938	)	$	2,700,653
	CONSOLIDATING BALANCE SHEET
	As of December 31, 2012
			Issuer			Guarantor			Non-Guarantor			Consolidating			Consolidated
						Subsidiaries			Subsidiaries			Adjustments
	ASSETS
	Real estate investment properties, net		$	—		$	1,066,297		$	1,110,060		$	—		$	2,176,357
	Investments in unconsolidated entities			—			287,339			—			—			287,339
	Investments in subsidiaries			2,061,102			1,208,475			2,684,880			(5,954,457	)		—
	Mortgages and other notes receivable, net			—			38,987			121,190			(35,447	)		124,730
	Assets held for sale, net			—			5,743			—			—			5,743
	Cash			39,219			14,125			19,880			—			73,224
	Deferred rent and lease incentives			—			86,752			22,755			—			109,507
	Other assets			13,967			16,057			33,631			—			63,655
	Restricted cash			46			20,009			20,261			—			40,316
	Intangibles, net			—			16,481			18,976			—			35,457
	Accounts and other receivables, net			—			11,939			9,761			—			21,700
	Total Assets		$	2,114,334		$	2,772,204		$	4,041,394		$	(5,989,904	)	$	2,938,028
	LIABILITIES AND STOCKHOLDERS’ EQUITY
Mortgages and other notes payable		$	—		$	255,942		$	426,127		$	(33,067	)	$	649,002
Senior notes, net of discount			394,100			—			—			—			394,100
Other liabilities			—			23,533			23,912			—			47,445
Line of credit			—			95,000			—			—			95,000
Accounts payable and accrued expenses			7,857			12,306			22,281			(2,380	)		40,064
Due to affiliates			946			3			37			—			986
Total Liabilities			402,903			386,784			472,357			(35,447	)		1,226,597
Commitments and contingencies
Stockholders’ equity:
Preferred stock, $.01 par value per share			—			—			—			—			—
Excess shares, $.01 par value per share			—			—			—			—			—
Common stock, $.01 par value per share			3,164			—			—			—			3,164
Capital in excess of par value			2,803,346			5,389,388			7,846,451			(13,235,839	)		2,803,346
Accumulated earnings (deficit)			(149,446	)		313,032			338,888			(651,920	)		(149,446	)
Accumulated distributions			(937,972	)		(3,317,000	)		(4,608,641	)		7,925,641			(937,972	)
Accumulated other comprehensive loss			(7,661	)		—			(7,661	)		7,661			(7,661	)
			1,711,431			2,385,420			3,569,037			(5,954,457	)		1,711,431
Total Liabilities and Stockholders’ Equity		$	2,114,334		$	2,772,204		$	4,041,394		$	(5,989,904	)	$	2,938,028
CONSOLIDATING STATEMENT OF OPERATIONS
For the year ended December 31, 2013
		Issuer			Guarantor			Non-Guarantor			Consolidating			Consolidated
					Subsidiaries			Subsidiaries			Adjustments
Revenues:
Rental income from operating leases		$	—		$	90,826		$	72,416		$	—		$	163,242
Property operating revenues			—			94,500			241,939			—			336,439
Interest income on mortgages and other notes receivable			—			4,497			12,826			(4,203	)		13,120
Total revenues			—			189,823			327,181			(4,203	)		512,801
Expenses:
Property operating expenses			—			76,166			185,896			—			262,062
Asset management fees to advisor			34,683			—			—			—			34,683
General and administrative			15,359			2,010			1,222			—			18,591
Ground lease and permit fees			—			10,162			5,194			—			15,356
Acquisition fees and costs			3,141			—			—			—			3,141
Other operating expenses			947			2,216			3,628			—			6,791
Bad debt expense			—			3,186			3,145			—			6,331
Impairment provision			—			238,646			9,622			—			248,268
(Gain) loss on lease terminations			—			(3,938	)		1,233			—			(2,705	)
Loan loss provision			—			—			3,104			—			3,104
Depreciation and amortization			—			66,096			80,926			—			147,022
Total expenses			54,130			394,544			293,970			—			742,644
Operating income (loss)			(54,130	)		(204,721	)		33,211			(4,203	)		(229,843	)
Other income (expense):
Interest and other income			211			2,523			(2,407	)		—			327
Interest expense and loan cost amortization			(31,727	)		(20,151	)		(23,087	)		4,203			(70,762	)
Bargain purchase gain			—			—			2,653			—			2,653
Gain from sale of unconsolidated entities			—			55,394			—			—			55,394
Equity in earnings of unconsolidated entities			—			11,701			—			—			11,701
Equity in earnings, intercompany			(166,893	)		(100,275	)		(316,122	)		583,290			—
Total other income (expense)			(198,409	)		(50,808	)		(338,963	)		587,493			(687	)
Income (loss) from continuing operations			(252,539	)		(255,529	)		(305,752	)		583,290			(230,530	)
Income (loss) from discontinued operations (includes $1,655 amortization of loss on termination of cash flow hedges relating to a non-guarantor subsidiary)			—			1,271			(23,280	)		—			(22,009	)
Net income (loss)		$	(252,539	)	$	(254,258	)	$	(329,032	)	$	583,290		$	(252,539	)
CONSOLIDATING STATEMENT OF OPERATIONS
For the year ended December 31, 2012
		Issuer			Guarantor			Non-Guarantor			Consolidating			Consolidated
					Subsidiaries			Subsidiaries			Adjustments
Revenues:
Rental income from operating leases		$	—		$	94,093		$	65,589		$	—		$	159,682
Property operating revenues			—			82,198			217,665			—			299,863
Interest income on mortgages and other notes receivable			—			10,031			12,699			(9,733	)		12,997
Total revenues			—			186,322			295,953			(9,733	)		472,542
Expenses:
Property operating expenses			—			69,797			169,181			—			238,978
Asset management fees to advisor			35,725			—			—			—			35,725
General and administrative			15,672			608			2,388			—			18,668
Ground lease and permit fees			—			9,559			4,923			—			14,482
Acquisition fees and costs			4,450			—			—			—			4,450
Other operating expenses			424			4,945			3,315			—			8,684
Bad debt expense			—			3,099			2,411			—			5,510
Impairment provision			—			10			—			—			10
Loss on lease termination			—			18,050			7,127			—			25,177
Loan loss provision			—			—			1,699			—			1,699
Depreciation and amortization			—			61,904			70,302			—			132,206
Total expenses			56,271			167,972			261,346			—			485,589
Operating income (loss)			(56,271	)		18,350			34,607			(9,733	)		(13,047	)
Other income (expense):
Interest and other income (expense)			104			1,228			(134	)		—			1,198
Interest expense and loan cost amortization			(31,607	)		(19,448	)		(25,503	)		9,733			(66,825	)
Loss on extinguishment of debt			—			—			(4	)		—			(4	)
Equity in earnings of unconsolidated entities			—			5,521			—			—			5,521
Equity in earnings, intercompany			11,701			15,804			20,546			(48,051	)		—
Total other income (expense)			(19,802	)		3,105			(5,095	)		(38,318	)		(60,110	)
Income (loss) from continuing operations			(76,073	)		21,455			29,512			(48,051	)		(73,157	)
Loss from discontinued operations (includes $1,655 amortization of loss on termination of cash flow hedges relating to a non-guarantor subsidiary)			—			(1,061	)		(1,855	)		—			(2,916	)
Net income (loss)		$	(76,073	)	$	20,394		$	27,657		$	(48,051	)	$	(76,073	)
CONSOLIDATING STATEMENT OF OPERATIONS
For the year ended December 31, 2011
		Issuer			Guarantor			Non-Guarantor			Consolidating			Consolidated
					Subsidiaries			Subsidiaries			Adjustments
Revenues:
Rental income from operating leases		$	—		$	103,428		$	61,162		$	—		$	164,590
Property operating revenues			—			66,941			165,251			—			232,192
Interest income on mortgages and other notes receivable			—			9,264			12,512			(8,813	)		12,963
Total revenues			—			179,633			238,925			(8,813	)		409,745
Expenses:
Property operating expenses			—			59,574			134,142			—			193,716
Asset management fees to advisor			31,802			—			—			—			31,802
General and administrative			14,524			87			1,540			—			16,151
Ground lease and permit fees			—			10,177			4,398			—			14,575
Acquisition fees and costs			11,168			—			—			—			11,168
Other operating expenses			289			2,149			4,113			—			6,551
Bad debt expense			—			469			304			—			773
Loan loss provision			—			3,199			—			—			3,199
Loss (recovery) on lease termination			—			7,714			(521	)		—			7,193
Depreciation and amortization			—			61,019			58,196			—			119,215
Total expenses			57,783			144,388			202,172			—			404,343
Operating income (loss)			(57,783	)		35,245			36,753			(8,813	)		5,402
Other income (expense):
Interest and other income (expense)			322			(337	)		(201	)		—			(216	)
Interest expense and loan cost amortization			(23,635	)		(19,082	)		(24,565	)		8,813			(58,469	)
Gain (loss) on extinguishment of debt			647			—			(874	)		—			(227	)
Equity in earnings of unconsolidated entities			—			1,022			—			—			1,022
Equity in earnings, intercompany			10,839			6,494			330			(17,663	)		—
Total other expense			(11,827	)		(11,903	)		(25,310	)		(8,850	)		(57,890	)
Income (loss) from continuing operations			(69,610	)		23,342			11,443			(17,663	)		(52,488	)
Loss from discontinued operations (includes $1,626 amortization of loss on termination of cash flow hedges relating to a non-guarantor subsidiary)			—			(15,214	)		(1,908	)		—			(17,122	)
Net income (loss)		$	(69,610	)	$	8,128		$	9,535		$	(17,663	)	$	(69,610	)
Consolidating Statement of Comprehensive Income (Loss):
		For the Year Ended December 31, 2013
		Issuer			Guarantor			Non-Guarantor			Consolidating			Consolidated
					Subsidiaries			Subsidiaries			Adjustments
Net income (loss)		$	(252,539	)	$	(254,258	)	$	(329,032	)	$	583,290		$	(252,539	)
Other comprehensive income (loss):
Foreign currency translation adjustments			(1,563	)		—			(1,563	)		1,563			(1,563	)
Changes in fair value of cash flow hedges:
Amortization of loss on termination of cash flow hedges			1,655			—			1,655			(1,655	)		1,655
Unrealized loss arising during the period			1,863			—			1,863			(1,863	)		1,863
Total other comprehensive income			1,955			—			1,955			(1,955	)		1,955
Comprehensive income (loss)		$	(250,584	)	$	(254,258	)	$	(327,077	)	$	581,335		$	(250,584	)
		For the Year Ended December 31, 2012
		Issuer			Guarantor			Non-Guarantor			Consolidating			Consolidated
					Subsidiaries			Subsidiaries			Adjustments
Net income (loss)		$	(76,073	)	$	20,394		$	27,657		$	(48,051	)	$	(76,073	)
Other comprehensive income (loss):
Foreign currency translation adjustments			531			—			531			(531	)		531
Changes in fair value of cash flow hedges:
Amortization of loss on termination of cash flow hedges			1,655			—			1,655			(1,655	)		1,655
Unrealized loss arising during the period			(395	)		—			(395	)		395			(395	)
Total other comprehensive income			1,791			—			1,791			(1,791	)		1,791
Comprehensive income (loss)		$	(74,282	)	$	20,394		$	29,448		$	(49,842	)	$	(74,282	)
		For the Year Ended December 31, 2011
		Issuer			Guarantor			Non-Guarantor			Consolidating			Consolidated
					Subsidiaries			Subsidiaries			Adjustments
Net income (loss)		$	(69,610	)	$	8,128		$	9,535		$	(17,663	)	$	(69,610	)
Other comprehensive income (loss):
Foreign currency translation adjustments			(585	)		—			(585	)		585			(585	)
Changes in fair value of cash flow hedges:
Amortization of loss on termination of cash flow hedges			1,626			—			1,626			(1,626	)		1,626
Unrealized loss arising during the period			(4,856	)		—			(4,856	)		4,856			(4,856	)
Total other comprehensive loss			(3,815	)		—			(3,815	)		3,815			(3,815	)
Comprehensive income (loss)		$	(73,425	)	$	8,128		$	5,720		$	(13,848	)	$	(73,425	)
CONSOLIDATING STATEMENT OF CASH FLOWS
For the year ended December 31, 2013
		Issuer			Guarantor			Non-Guarantor			Consolidating			Consolidated
					Subsidiaries			Subsidiaries			Adjustments
Operating activities:
Net cash provided by (used in) operating activities		$	(78,930	)	$	108,523		$	105,887		$	—		$	135,480
Investing activities:
Acquisition of properties			—			—			(244,859	)		—			(244,859	)
Capital expenditures			—			(27,462	)		(42,694	)		—			(70,156	)
Proceeds from sale unconsolidated entities			—			195,446			—			—			195,446
Proceeds from release of collateral on loan payable			—			—			11,167			—			11,167
Issuance of mortgage loans receivable			—			—			(83	)		—			(83	)
Principal payments received on mortgage loans receivable			—			(83	)		4,365			—			4,282
Proceeds from sale of properties			—			12,726			(325	)		—			12,401
Changes in restricted cash			13			(6,196	)		(4,174	)		—			(10,357	)
Other			—			23			(794	)		—			(771	)
Intercompany financing			169,835			—			—			(169,835	)		—
Net cash provided by (used in) investing activities			169,848			174,454			(277,397	)		(169,835	)		(102,930	)
Financing activities:
Redemptions of common stock			(11,955	)		—			—			—			(11,955	)
Distributions to stockholders, net of reinvestments			(80,514	)		—			—			—			(80,514	)
Proceeds from line of credit			—			100,000			—			—			100,000
Proceeds from mortgage loans and other notes payable			—			—			131,298			—			131,298
Principal payments on line of credit			—			(145,000	)		—			—			(145,000	)
Principal payments on mortgage loans			—			(8,263	)		(10,537	)		—			(18,800	)
Principal payments on capital leases			—			(2,372	)		(1,780	)		—			(4,152	)
Payment of loan costs			—			(307	)		(4,710	)		—			(5,017	)
Intercompany financing			—			(225,489	)		55,654			169,835			—
Net cash provided by (used in) financing activities			(92,469	)		(281,431	)		169,925			169,835			(34,140	)
Effect of exchange rate fluctuation on cash			—			—			(60	)		—			(60	)
Net increase (decrease) in cash			(1,551	)		1,546			(1,645	)		—			(1,650	)
Cash at beginning of period			39,219			14,125			19,880			—			73,224
Cash at end of period		$	37,668		$	15,671		$	18,235		$	—		$	71,574
CONSOLIDATING STATEMENT OF CASH FLOWS
For the year ended December 31, 2012
		Issuer			Guarantor			Non-Guarantor			Consolidating			Consolidated
					Subsidiaries			Subsidiaries			Adjustments
								(as revised see
								Note 2)
Operating activities:
Net cash provided by (used in) operating activities		$	(84,363	)	$	90,996		$	81,260		$	—		$	87,893
Investing activities:
Acquisition of properties			—			—			(190,150	)		—			(190,150	)
Capital expenditures			—			(25,427	)		(44,248	)		—			(69,675	)
Investments in and contributions to unconsolidated entities			—			(3,776	)		—			—			(3,776	)
Distributions from unconsolidated entities			—			3,445			—			—			3,445
Payment of collateral on loan payable									(11,167	)		—			(11,167	)
Issuance of mortgage loans receivable			—			—			(869	)		—			(869	)
Principal payments received on mortgage loans receivable			—			—			4,790			—			4,790
Proceeds from sale of properties			—			1,500			—			—			1,500
Other			—			63			7			—			70
Changes in restricted cash			46			(2,892	)		(2,786	)		—			(5,632	)
Intercompany financing			93,222			—			—			(93,222	)		—
Net cash provided by (used in) investing activities			93,268			(27,087	)		(244,423	)		(93,222	)		(271,464	)
Financing activities:
Redemptions of common stock			(9,590	)		—			—			—			(9,590	)
Distributions to stockholders, net of distribution reinvestments			(94,677	)		—			—			—			(94,677	)
Proceeds under line of credit			—			170,000			—			—			170,000
Proceeds from mortgage loans and other notes payable			—			45,000			107,300			—			152,300
Principal payments on line of credit			—			(75,000	)		—			—			(75,000	)
Principal payments on mortgage loans			—			(7,830	)		(26,836	)		—			(34,666	)
Principal payments on capital leases			—			(1,483	)		(2,624	)		—			(4,107	)
Payment of loan costs			(27	)		(4,341	)		(5,937	)		—			(10,305	)
Intercompany financing			—			(187,398	)		94,176			93,222			—
Net cash provided by (used in) financing activities			(104,294	)		(61,052	)		166,079			93,222			93,955
Effect of exchange rate fluctuation on cash			—			—			1			—			1
Net increase (decrease) in cash			(95,389	)		2,857			2,917			—			(89,615	)
Cash at beginning of period			134,608			11,268			16,963			—			162,839
Cash at end of period		$	39,219		$	14,125		$	19,880		$	—		$	73,224
CONSOLIDATING STATEMENT OF CASH FLOWS
For the year ended December 31, 2011
		Issuer			Guarantor			Non-Guarantor			Consolidating			Consolidated
					Subsidiaries			Subsidiaries			Adjustments
Operating activities:
Net cash provided by (used in) operating activities		$	(78,842	)	$	85,894		$	76,012		$	—		$	83,064
Investing activities:
Acquisition of properties			—			—			(149,692	)		—			(149,692	)
Capital expenditures			—			(20,202	)		(22,143	)		—			(42,345	)
Investments in and contributions to unconsolidated entities			—			(191,397	)		—			—			(191,397	)
Distribution from unconsolidated entities			—			11,624			—			—			11,624
Issuance of mortgage loans receivable			—			—			(5,760	)		—			(5,760	)
Principal payments received on mortgage loans receivable			—			7,528			1,945			—			9,473
Proceeds from sale of properties			—			8,450			—			—			8,450
Other			—			100			(55	)		—			45
Changes in restricted cash			(92	)		(3,561	)		(9,753	)		—			(13,406	)
Intercompany financing			(384,226	)		—			—			384,226			—
Net cash provided by (used in) investing activities			(384,318	)		(187,458	)		(185,458	)		384,226			(373,008	)
Financing activities:
Offering proceeds			187,555			—			—			—			187,555
Redemptions of common stock			(30,000	)		—			—			—			(30,000	)
Distributions to stockholders, net of reinvestments			(104,951	)		—			—			—			(104,951	)
Stock issuance costs			(21,213	)		—			—			—			(21,213	)
Proceeds from mortgage loans and other notes payable			—			20,411			96,129			—			116,540
Proceeds from unsecured senior notes			396,996			—			—			—			396,996
Principal payments on line of credit			—			(58,000	)		—			—			(58,000	)
Principal payments on mortgage loans			(2,777	)		(145,623	)		(56,400	)		—			(204,800	)
Principal payments on capital leases			—			(2,065	)		(1,902	)		—			(3,967	)
Payment of loan costs			(19,252	)		(2,314	)		(4,096	)		—			(25,662	)
Intercompany financing			—			297,952			86,274			(384,226	)		—
Net cash provided by (used in) financing activities			406,358			110,361			120,005			(384,226	)		252,498
Effect of exchange rate fluctuation on cash			—			—			(232	)		—			(232	)
Net increase (decrease) in cash			(56,802	)		8,797			10,327			—			(37,678	)
Cash at beginning of period			191,410			2,471			6,636			—			200,517
Cash at end of period		$	134,608		$	11,268		$	16,963		$	—		$	162,839

Subsequent_Events

Subsequent Events	12 Months Ended
	Dec. 31, 2013
Subsequent Events	'
	20	Subsequent Events:
	The Company’s Board of Directors declared distributions of $0.10625 per share to stockholders of record at the close of business on March 1, 2014. These distributions will be paid by March 31, 2014.
	In February 2014, the Company obtained a $40.0 million loan with an existing third-party lender. The loan bears interest at 30-day LIBOR plus 3.50% with a 1.50% LIBOR floor and matures in April 2017. This is a supplement to one of the Company’s existing loans with a principal outstanding balance of approximately $100.7 million which is collateralized by six ski and mountain lifestyle properties. The terms of the existing loan remain the same.
	In March 2014, the Company’s Advisor amended its advisory agreement, effective April 1, 2014, to reduce all advisory fees, which includes the full elimination of acquisition fees on equity, performance fees, debt acquisition fees and disposition fees, and the reduction in the asset management fees to 0.075% monthly (or 0.90% annually) of average invested assets. The Company’s Advisor will consider further reductions in the asset management fees if the Company has not materially begun to execute an exit event or events before April 1, 2015.
	In March 2014, the Company’s Board of Directors approved the Fourth Amended and Restated Redemption Plan whereby the tiered redemption price structure was discontinued and all shares that have been held for at least one year may now be submitted for redemption at an amount equal to its NAV per share as of the redemption date.
	In March 2014, the Company engaged Jefferies LLC, a leading global investment banking and advisory firm, to assist the Company’s management and its Board of Directors in actively evaluating various strategic alternatives to provide liquidity to the Company’s shareholder. In March 2014, the Company determined that the long term strategy related to the golf portfolio included a potential sale of the golf properties. The Company made this decision based on its review of golf portfolio trends and review of market data from third parties.

SCHEDULE_IIValuation_and_Quali

SCHEDULE II-Valuation and Qualifying Accounts	12 Months Ended
	Dec. 31, 2013
SCHEDULE II-Valuation and Qualifying Accounts	'
	CNL LIFESTYLE PROPERTIES, INC. AND SUBSIDIARIES
	SCHEDULE II—Valuation and Qualifying Accounts
	Years ended December 31, 2013, 2012 and 2011 (in thousands)
	Year	Description	Balance at		Charged to		Charged to		Deemed			Collected/		Balance at
			Beginning of		Costs and		Other		Uncollectible			Recovered		End of
			Year		Expenses		Accounts							Year
	2011	Deferred tax asset valuation allowance	$	33,960	$	—	$	6,870	$	—		$	—	$	40,830
		Allowance for loan losses		4,072		—		—		(4,072	)		—		—
			$	38,032	$	—	$	6,870	$	(4,072	)	$	—	$	40,830
	2012	Deferred tax asset valuation allowance	$	40,830	$	—	$	7,628	$	—		$	—	$	48,458
		Allowance for loan losses		—		1,699		—		—			—		1,699
			$	40,830	$	1,699	$	7,628	$	—		$	—	$	50,157
	2013	Deferred tax asset valuation allowance	$	48,458	$	—	$	2,241	$	—		$	—	$	50,699
		Allowance for loan losses		1,699		3,104		—		—			—		4,803
			$	50,157	$	3,104	$	2,241	$	—		$	—	$	55,502

SCHEDULE_IIIReal_Estate_and_Ac

SCHEDULE III-Real Estate and Accumulated Depreciation	12 Months Ended
	Dec. 31, 2013
SCHEDULE III-Real Estate and Accumulated Depreciation	'
	CNL LIFESTYLE PROPERTIES, INC. AND SUBSIDIARIES
	SCHEDULE III—REAL ESTATE AND ACCUMULATED DEPRECIATION
	As of December 31, 2013 (in thousands)
							Initial Costs												Costs Capitalized								Gross Amounts at which																								Life on
																			Subsequent to								Carried at Close of Period(3)																								which
																			Acquisition																																depre-
																																																			ciation in
																																																			latest
																																																			income
																																																			state-
																																																			ments is
	Property/Location		En-				Land &				Lease-				Buildings				Improve-				Carrying				Land &				Lease-				Buildings				Total				Accumu-			Date of		Date			computed
			cumber-				Land				hold								ments				Costs				Land				hold												lated			Construc-		Acquired
			ances				Improve-				Interests																Improve-				Interests												Depre-			tion
							ments				and																ments				and												ciation
											Improve-																				Improve-
											ments																				ments
	Gatlinburg Sky Lift						$	—			$	19,154			$	175			$	32			$	—			$	—			$	19,186			$	175			$	19,361			$	(3,249	)	In 1953			12/22/05			(2)
	Gatlinburg, Tennessee
	Hawaiian Falls Waterparks						$	3,123			$	3,663			$	758			$	2,070			$	—			$	5,010			$	3,810			$	794			$	9,614			$	(3,449	)	In 2004			4/21/06			(2)
	Garland and The Colony,
	Texas
	Palmetto Hall Plantation Club						$	5,744			$	—			$	1,465			$	732			$	—			$	6,452			$	—			$	1,489			$	7,941			$	(2,635	)	In 1990			4/27/06			(2)
	Hilton Head, South Carolina
	Cypress Mountain				(1)		$	161			$	19,001			$	735			$	11,935			$	—			$	1,274			$	17,430			$	13,128			$	31,832			$	(8,054	)	In 1975			5/30/06			(2)
	Vancouver, British Columbia
	Raven Golf Club at South Mountain						$	11,307			$	—			$	1,340			$	493			$	—			$	11,703			$	—			$	1,437			$	13,140			$	(4,677	)	In 1995			6/9/06			(2)
	Phoenix, Arizona
	The Omni Mount Washington Resort and Bretton Woods Ski Area				(1)		$	21,216			$	10			$	28,114			$	36,091			$	—			$	23,382			$	10			$	62,039			$	85,431			$	(18,331	)	In 1902				(4)		(2)
	Bretton Woods, New Hampshire
	Bear Creek Golf Club						$	6,477			$	2,470			$	1,248			$	543			$	—			$	6,811			$	2,471			$	1,456			$	10,738			$	(3,932	)	In 1979			9/8/06			(2)
	Dallas, Texas
	Funtasticks Fun Center						$	3,038			$	—			$	1,413			$	26			$	—			$	3,040			$	—			$	1,437			$	4,477			$	(1,055	)	In 1993			10/6/06			(2)
	Tucson, Arizona
	Zuma Fun Center						$	1,551			$	—			$	558			$	67			$	—			$	1,592			$	—			$	584			$	2,176			$	(569	)	In 1990			10/6/06			(2)
	South Houston, Texas
	Weston Hills Country Club						$	12,925			$	—			$	8,460			$	2,043			$	—			$	14,243			$	—			$	9,185			$	23,428			$	(9,894	)	In 1990			10/16/06			(2)
	Weston, Florida
	Valencia Country Club						$	21,414			$	—			$	5,691			$	1,563			$	—			$	22,468			$	—			$	6,200			$	28,668			$	(10,140	)	In 2000			10/16/06			(2)
	Santa Clarita, California
	Canyon Springs Golf Club						$	7,827			$	—			$	939			$	307			$	—			$	8,128			$	—			$	945			$	9,073			$	(1,584	)	In 1997			11/16/06			(2)
	San Antonio, Texas
	The Golf Club at Cinco Ranch						$	6,662			$	—			$	454			$	421			$	—			$	7,054			$	—			$	483			$	7,537			$	(606	)	In 1993			11/16/06			(2)
	Houston, Texas
	Golf Club at Fossil Creek						$	4,905			$	—			$	1,040			$	613			$	—			$	5,163			$	—			$	1,395			$	6,558			$	(1,561	)	In 1987			11/16/06			(2)
	Fort Worth, Texas
	Lake Park Golf Club						$	1,732			$	1,496			$	1,113			$	292			$	—			$	1,898			$	1,497			$	1,238			$	4,633			$	(2,275	)	In 1957			11/16/06			(2)
	Dallas-Fort Worth, Texas
	Mansfield National Golf Club						$	4,891			$	547			$	1,065			$	96			$	—			$	4,987			$	547			$	1,065			$	6,599			$	(2,808	)	In 2000			11/16/06			(2)
	Dallas-Fort Worth, Texas
	Plantation Golf Club						$	3,586			$	—			$	124			$	245			$	—			$	3,657			$	—			$	298			$	3,955			$	(128	)	In 1998			11/16/06			(2)
	Dallas-Fort Worth, Texas
	Fox Meadow Country Club						$	3,625			$	—			$	2,542			$	467			$	—			$	3,913			$	—			$	2,721			$	6,634			$	(2,813	)	In 1995			12/22/06			(2)
	Medina, Ohio
	Lakeridge Country Club						$	4,224			$	—			$	1,971			$	361			$	—			$	4,505			$	—			$	2,051			$	6,556			$	(1,650	)	In 1978			12/22/06			(2)
	Lubbock, Texas
	Mesa del Sol Golf Club						$	3,752			$	—			$	519			$	413			$	—			$	4,145			$	—			$	539			$	4,684			$	(2,751	)	In 1970			12/22/06			(2)
	Yuma, Arizona
	Signature Golf Course						$	5,259			$	—			$	4,668			$	647			$	—			$	5,737			$	—			$	4,837			$	10,574			$	(4,418	)	In 2002			12/22/06			(2)
	Solon, Ohio
	Weymouth Country Club						$	5,460			$	—			$	4,739			$	385			$	—			$	5,737			$	—			$	4,847			$	10,584			$	(3,027	)	In 1969			12/22/06			(2)
	Medina, Ohio
	Burnside Marina						$	350			$	2,593			$	415			$	30			$	—			$	350			$	2,621			$	417			$	3,388			$	(683	)	In 1950’s			12/22/06			(2)
Somerset, Kentucky
Pier 121 Marina and Easthill						$	1,172			$	25,222			$	4,576			$	591			$	—			$	1,752			$	25,232			$	4,577			$	31,561			$	(5,931	)	In 1960’s			12/22/06			(2)
Park Lewisville, Texas
Beaver Creek Marina						$	442			$	5,778			$	381			$	47			$	—			$	442			$	5,825			$	381			$	6,648			$	(2,744	)	In 1950’s			12/22/06			(2)
Monticello, Kentucky
Lake Front Marina						$	1,371			$	—			$	485			$	359			$	—			$	1,669			$	—			$	546			$	2,215			$	(750	)	In 1979			12/22/06			(2)
Port Clinton, Ohio
Sandusky Harbor Marina						$	4,458			$	—			$	3,428			$	137			$	—			$	4,579			$	—			$	3,444			$	8,023			$	(1,494	)	In 1930’s			12/22/06			(2)
Sandusky, Ohio
Cowboys Golf Club						$	8,537			$	2,108			$	2,072			$	1,413			$	—			$	9,171			$	2,273			$	2,686			$	14,130			$	(5,705	)	In 2000			12/26/06			(2)
Grapevinem Texas
Brighton Ski Resort				(1)		$	11,809			$	2,123			$	11,233			$	3,161			$	—			$	12,861			$	2,124			$	13,341			$	28,326			$	(7,579	)	In 1949			1/8/07			(2)
Brighton, Utah
Clear Creek Golf Club						$	423			$	1,116			$	155			$	48			$	—			$	459			$	1,116			$	167			$	1,742			$	(506	)	In 1987			1/11/07			(2)
Houston, Texas
Northstar-at-Tahoe Resort				(1)		$	60,790			$	—			$	8,534			$	10,380			$	—			$	64,145			$	—			$	15,559			$	79,704			$	(18,534	)	In 1972			1/19/07			(2)
Lake Tahoe, California
Sierra-at-Tahoe Resort				(1)		$	19,875			$	800			$	8,574			$	3,727			$	—			$	22,433			$	801			$	9,742			$	32,976			$	(10,908	)	In 1968			1/19/07			(2)
South Lake Tahoe,
California
Loon Mountain Resort				(1)		$	9,226			$	346			$	4,673			$	7,166			$	—			$	14,988			$	348			$	6,075			$	21,411			$	(6,287	)	In 1966			1/19/07			(2)
Lincoln, New Hampshire
Summit-at-Snowqualmie				(1)		$	20,122			$	792			$	8,802			$	3,233			$	—			$	22,555			$	792			$	9,602			$	32,949			$	(9,658	)	In 1945			1/19/07			(2)
Resort
Snoqualmie Pass,
Washington
White Water Bay						$	10,720			$	—			$	5,461			$	589			$	—			$	10,729			$	—			$	6,041			$	16,770			$	(3,249	)	In 1981			4/6/07			(2)
Oklahoma City, Oklahoma
Splashtown						$	10,817			$	—			$	1,609			$	3,193			$	—			$	13,551			$	—			$	2,068			$	15,619			$	(1,234	)	In 1981			4/6/07			(2)
Houston, Texas
Waterworld						$	1,733			$	7,841			$	728			$	441			$	—			$	1,997			$	7,841			$	905			$	10,743			$	(3,689	)	In 1995			4/6/07			(2)
Concord, California
Elitch Gardens						$	93,796			$	—			$	7,480			$	1,386			$	—			$	94,694			$	—			$	7,968			$	102,662			$	(7,330	)	In 1890			4/6/07			(2)
Denver, Colorado
Darien Lake						$	60,993			$	—			$	21,967			$	4,929			$	—			$	64,800			$	—			$	23,089			$	87,889			$	(27,993	)	In 1955			4/6/07			(2)
Buffalo, New York
Frontier City						$	7,265			$	—			$	7,518			$	1,203			$	—			$	8,093			$	—			$	7,893			$	15,986			$	(3,538	)	In 1958			4/6/07			(2)
Oklahoma City, Oklahoma
Wild Waves & Enchanted						$	19,200			$	—			$	2,837			$	1,392			$	—			$	20,215			$	—			$	3,214			$	23,429			$	(9,313	)	In 1977			4/6/07			(2)
Village
Seattle, Washington
Magic Springs & Crystal Falls						$	4,237			$	8			$	10,409			$	4,595			$	—			$	8,580			$	—			$	10,669			$	19,249			$	(3,313	)	In 1977			4/16/07			(2)
Hot Springs, Arkansas
Manasquan River Club						$	8,031			$	—			$	439			$	172			$	—			$	8,191			$	12			$	439			$	8,642			$	(731	)	In 1970’s			6/8/07			(2)
Brick Township, New
Jersey
Crystal Point Marina						$	5,159			$	—			$	46			$	166			$	—			$	5,306			$	—			$	65			$	5,371			$	(124	)	In 1976			6/8/07			(2)
Point Pleasant, New Jersey
Mountain High Resort				(1)		$	14,272			$	14,022			$	7,571			$	966			$	—			$	14,730			$	14,062			$	8,039			$	36,831			$	(10,035	)	In 1930’s			6/29/07			(2)
Wrightwood, California
Holly Creek Marina						$	372			$	5,257			$	465			$	53			$	—			$	374			$	5,301			$	472			$	6,147			$	(954	)	In 1940’s			8/1/07			(2)
Celina, Tennessee
Eagle Cove Marina						$	1,114			$	1,718			$	1,692			$	139			$	—			$	1,118			$	1,815			$	1,730			$	4,663			$	(768	)	In 1940’s			8/1/07			(2)
Byrdstown, Tennessee
Sugarloaf Mountain Resort						$	15,408			$	—			$	5,658			$	2,931			$	—			$	14,620			$	2,000			$	7,377			$	23,997			$	(5,850	)	In 1962			8/7/07			(2)
Carrabassett Valley, Maine
Sunday River Resort						$	32,698			$	—			$	12,256			$	4,465			$	—			$	35,989			$	—			$	13,430			$	49,419			$	(10,439	)	In 1959			8/7/07			(2)
Newry, Maine
Great Lakes Marina						$	6,633			$	—			$	3,079			$	111			$	—			$	6,664			$	—			$	3,159			$	9,823			$	(790	)	In 1981			8/20/07			(2)
Muskegon, Michigan
The Village at Northstar						$	2,354			$	—			$	33,932			$	4,178			$	—			$	2,759			$	—			$	37,705			$	40,464			$	(9,177	)	In 2005			11/15/07			(2)
Lake Tahoe, California
Arrowhead Country Club				(1)		$	4,663			$	—			$	6,905			$	1,995			$	—			$	5,796			$	—			$	7,767			$	13,563			$	(3,462	)	In 1980’s			11/30/07			(2)
Glendale, Arizona
Ancala Country Club				(1)		$	6,410			$	—			$	5,498			$	1,462			$	—			$	7,248			$	—			$	6,122			$	13,370			$	(3,153	)	In 1996			11/30/07			(2)
Scottsdale, Arizona
Tallgrass Country Club				(1)		$	1,147			$	—			$	1,549			$	931			$	—			$	1,825			$	—			$	1,802			$	3,627			$	(839	)	In 1982			11/30/07			(2)
Witchita, Kansas
Deer Creek Golf Club				(1)		$	3,365			$	—			$	2,206			$	1,237			$	—			$	4,326			$	—			$	2,482			$	6,808			$	(2,319	)	In 1989			11/30/07			(2)
Overland Park, Kansas
Arrowhead Golf Club				(1)		$	8,692			$	—			$	2,119			$	1,710			$	—			$	10,142			$	—			$	2,379			$	12,521			$	(3,074	)	In 1974			11/30/07			(2)
Littleton, Colorado
Hunt Valley Golf Club				(1)		$	10,615			$	—			$	3,709			$	2,009			$	—			$	12,045			$	—			$	4,288			$	16,333			$	(3,723	)	In 1970			11/30/07			(2)
Phoenix, Maryland
Meadowbrook Golf &				(1)		$	5,150			$	—			$	1,198			$	1,407			$	—			$	6,349			$	—			$	1,406			$	7,755			$	(2,288	)	In 1957			11/30/07			(2)
Country Club
Tulsa, Oklahoma
Stonecreek Golf Club				(1)		$	8,099			$	—			$	2,400			$	1,331			$	—			$	9,109			$	—			$	2,721			$	11,830			$	(2,106	)	In 1990			11/30/07			(2)
Phoenix, Arizona
Painted Desert Golf Club				(1)		$	3,243			$	—			$	290			$	808			$	—			$	3,954			$	—			$	387			$	4,341			$	(2,723	)	In 1987			11/30/07			(2)
Las Vegas, Nevada
Eagle Brook Country Club				(1)		$	6,316			$	—			$	4,923			$	1,584			$	—			$	7,307			$	—			$	5,516			$	12,823			$	(3,158	)	In 1992			11/30/07			(2)
Geneva, Illinios
Majestic Oaks Golf Club				(1)		$	11,247			$	—			$	685			$	1,128			$	—			$	12,277			$	—			$	783			$	13,060			$	(3,573	)	In 1972			11/30/07			(2)
Ham Lake, Minnesota
Ruffled Feathers Golf Club				(1)		$	7,783			$	—			$	4,544			$	1,355			$	—			$	8,612			$	—			$	5,070			$	13,682			$	(2,803	)	In 1992			11/30/07			(2)
Lemont, Illinios
Tamarack Golf Club				(1)		$	4,289			$	—			$	1,201			$	968			$	—			$	4,935			$	—			$	1,523			$	6,458			$	(1,824	)	In 1988			11/30/07			(2)
Naperville, Illinios
Continental Golf Course				(1)		$	4,476			$	—			$	676			$	597			$	—			$	4,992			$	—			$	757			$	5,749			$	(836	)	In 1979			11/30/07			(2)
Scottsdale, Arizona
Tatum Ranch Golf Club				(1)		$	2,516			$	—			$	2,861			$	1,213			$	—			$	3,485			$	—			$	3,105			$	6,590			$	(1,298	)	In 1987			11/30/07			(2)
Cave Creek, Arizona
Kokopelli Golf Club				(1)		$	6,866			$	—			$	1,230			$	1,309			$	—			$	8,063			$	—			$	1,342			$	9,405			$	(1,964	)	In 1992			11/30/07			(2)
Phoenix, Arizona
Superstition Springs Golf Club				(1)		$	7,220			$	—			$	1,937			$	1,143			$	—			$	8,110			$	—			$	2,190			$	10,300			$	(1,876	)	In 1986			11/30/07			(2)
Mesa, Arizona
Legend at Arrowhead				(1)		$	5,400			$	—			$	1,093			$	1,204			$	—			$	6,471			$	—			$	1,226			$	7,697			$	(1,949	)	In 2001			11/30/07			(2)
Golf Resort
Glendale, Arizona
London Bridge Golf Club				(1)		$	6,894			$	—			$	1,079			$	951			$	—			$	7,713			$	—			$	1,211			$	8,924			$	(3,305	)	In 1960’s			11/30/07			(2)
Lake Havasu, Arizona
Forest Park Golf Course						$	5,345			$	1,791			$	1,819			$	1,299			$	—			$	6,138			$	2,039			$	2,077			$	10,254			$	(5,273	)	In 1900’s			12/19/07			(2)
St. Louis, Missouri
Micke Grove Golf Course						$	1,966			$	1,378			$	405			$	640			$	—			$	2,332			$	1,590			$	467			$	4,389			$	(2,380	)	In 1990			12/19/07			(2)
Lodi, California
Shandin Hills Golf Club						$	—			$	1,119			$	1,112			$	289			$	—			$	158			$	1,940			$	422			$	2,520			$	(1,198	)	In 1980			3/7/08			(2)
San Bernadino, California
The Tradition Golf Club at						$	2,601			$	—			$	412			$	132			$	—			$	2,722			$	—			$	423			$	3,145			$	(1,664	)	In 1996			3/26/08			(2)
Kiskiack
Williamsburg, Virginia
The Tradition Golf Club at						$	3,828			$	—			$	542			$	213			$	—			$	4,011			$	—			$	572			$	4,583			$	(2,209	)	In 1979			3/26/08			(2)
The Crossings
Glen Allen, Virginia
The Tradition Golf Club at				(1)		$	5,415			$	—			$	1,680			$	349			$	—			$	5,678			$	—			$	1,766			$	7,444			$	(2,158	)	In 1986			3/26/08			(2)
Broad Bay
Virginia Beach, Virginia
Brady Mountain Resort &						$	738			$	6,757			$	1,619			$	3,077			$	—			$	3,383			$	7,043			$	1,765			$	12,191			$	(2,409	)	In 1950’s			4/10/08			(2)
Marina
Royal, Arkansas
David L. Baker Golf Course						$	4,599			$	1,596			$	1,068			$	534			$	—			$	97			$	6,362			$	1,338			$	7,797			$	(3,357	)	In 1987			4/17/08			(2)
Fountain Valley, California
Las Vegas Golf Club						$	5,531			$	—			$	775			$	107			$	—			$	1			$	5,621			$	791			$	6,413			$	(3,443	)	In 1938			4/17/08			(2)
Las Vegas, NV
Meadowlark Golf Course						$	8,515			$	3,756			$	1,310			$	261			$	—			$	67			$	12,418			$	1,357			$	13,842			$	(5,818	)	In 1922			4/17/08			(2)
Huntington Beach, California
Coco Key Water Resort						$	9,830			$	—			$	5,440			$	26,259			$	—			$	15,611			$	—			$	25,918			$	41,529			$	(6,089	)	1970’s			5/28/08			(2)
Orlando, Florida
Montgomery Country Club						$	4,835			$	—			$	1,352			$	612			$	—			$	5,303			$	—			$	1,496			$	6,799			$	(1,533	)	In 1963			9/11/08			(2)
Laytonsville, MD
The Links at Challedon Golf Club						$	2,339			$	—			$	547			$	166			$	—			$	2,483			$	—			$	569			$	3,052			$	(940	)	In 1995			9/11/08			(2)
Mt. Airy, MD
Mount Sunapee Mountain Resort				(1)		$	—			$	6,727			$	5,253			$	368			$	—			$	72			$	6,908			$	5,368			$	12,348			$	(2,907	)	In 1960			12/5/08			(2)
Newbury, New Hampshire
Okemo Mountain Resort				(1)		$	17,566			$	25,086			$	16,684			$	822			$	—			$	17,976			$	25,144			$	17,038			$	60,158			$	(9,449	)	In 1963			12/5/08			(2)
Ludlow, Vermont
Crested Butte Mountain Resort				(1)		$	1,305			$	18,843			$	11,188			$	1,660			$	—			$	1,314			$	19,289			$	12,393			$	32,996			$	(7,293	)	In 1960’s			12/5/08			(2)
Mt. Crested Butte, Colorado
Jiminy Peak Mountain Resort				(1)		$	7,802			$	—			$	8,164			$	383			$	—			$	8,044			$	—			$	8,305			$	16,349			$	(2,919	)	In 1948			1/27/09			(2)
Hancock, Massachusetts
Hawaiian Waters						$	—			$	13,399			$	3,458			$	300			$	—			$	130			$	13,425			$	3,602			$	17,157			$	(2,264	)	In 1998			5/6/09			(2)
Kapolei, Hawaii
Great Wolf Lodge- Wisconsin Dells				(1)		$	3,433			$	—			$	17,632			$	83			$	—			$	2,123			$	—			$	19,025			$	21,148			$	(7,957	)	In 1997			8/6/09			(2)
Wisconsin Dells, Wisconsin
Great Wolf Lodge- Sandusky				(1)		$	2,772			$	—			$	30,061			$	473			$	—			$	2,268			$	27			$	31,011			$	33,306			$	(9,014	)	In 2001			8/6/09			(2)
Sandusky, Ohio
Anacapa Isle Marina				(1)		$	—			$	7,155			$	2,250			$	—			$	—			$	—			$	7,155			$	2,250			$	9,405			$	(1,962	)	In 1973			3/12/10			(2)
Oxnard, California
Ballena Isle Marina						$	23			$	4,793			$	2,906			$	769			$	—			$	23			$	5,280			$	3,188			$	8,491			$	(1,123	)	In 1972			3/12/10			(2)
Alameda, California
Cabrillo Isle Marina San Diego, California				(1)		$	—			$	17,984			$	1,569			$	3			$	—			$	—			$	17,984			$	1,572			$	19,556			$	(3,910	)	In 1977			3/12/10			(2)
Ventura Isle Marina				(1)		$	—			$	14,426			$	1,505			$	2			$	—			$	—			$	14,426			$	1,507			$	15,933			$	(3,793	)	In 1975			3/12/10			(2)
Ventura California
Bohemia Vista Yacht Basin						$	—			$	362			$	23			$	793			$	—			$	1,146			$	—			$	32			$	1,178			$	(338	)	In 1967			5/20/10			(2)
Chesapeake City, MD
Hacks Point Marina						$	—			$	148			$	5			$	367			$	—			$	504			$	—			$	16			$	520			$	(89	)	In 1970’s			5/20/10			(2)
Earleville, Maryland
Pacific Park				(1)		$	—			$	25,046			$	1,575			$	77			$	—			$	—			$	25,048			$	1,650			$	26,698			$	(2,655	)	In 1996			12/29/10			(2)
Santa Monica, California
Culpepper Place at Branson Meadow				(1)		$	535			$	—			$	8,338			$	2			$	—			$	534			$	—			$	8,341			$	8,875			$	(556	)	2002 and			8/31/11			(2)
Branson, MO																																													2007
Culpepper of Springdale				(1)		$	762			$	—			$	7,244			$	31			$	—			$	793			$	—			$	7,244			$	8,037			$	(483	)	2007			8/31/11			(2)
Springdale, AR
Culpepper Place at Chesterfield Village				(1)		$	713			$	—			$	10,080			$	30			$	—			$	743			$	—			$	10,080			$	10,823			$	(658	)	1999 and			8/31/11			(2)
Chesterfield, MO																																													2009
Culpepper Place of Nevada						$	40			$	—			$	319			$	—			$	—			$	40			$	—			$	319			$	359			$	(19	)	1997			8/31/11			(2)
Nevada, MO
Culpepper Place of Springfield				(1)		$	800			$	—			$	6,152			$	—			$	—			$	800			$	—			$	6,152			$	6,952			$	(430	)	1997 and			8/31/11			(2)
Springfield, MO																																													2005
Culpepper Place of Jonesboro				(1)		$	897			$	—			$	6,196			$	14			$	—			$	908			$	—			$	6,199			$	7,107			$	(439	)	2008			8/31/11			(2)
Jonesboro, AR
Culpepper - Fayetteville						$	799			$	—			$	12,040			$	—			$	—			$	799			$	—			$	12,040			$	12,839			$	(362	)	2011			11/30/12			(2)
Fayetteville, AK
Town Center Village				(1)		$	2,481			$	—			$	35,813			$	971			$	—			$	2,533			$	—			$	36,732			$	39,265			$	(2,997	)	1985-1991			8/31/11			(2)
Portland, OR
Stevens Pass				(1)		$	62			$	13,084			$	5,280			$	667			$	—			$	404			$	14,032			$	4,657			$	19,093			$	(1,594	)	1945-2000			11/17/11			(2)
Skykomish, King and Chelan County, WA
Good Neighbor - Washington				(1)		$	428			$	—			$	8,961			$	—			$	—			$	428			$	—			$	8,961			$	9,389			$	(488	)	2009			12/29/11			(2)
Washington, IL
Good Neighbor - Pekin				(1)		$	504			$	—			$	8,190			$	—			$	—			$	504			$	—			$	8,190			$	8,694			$	(450	)	2009			12/29/11			(2)
Pekin, IL
Good Neighbor - Sterling				(1)		$	549			$	—			$	7,653			$	434			$	—			$	549			$	—			$	8,087			$	8,636			$	(438	)	2008			12/29/11			(2)
Sterling, IL
Solomon - Alpharetta				(1)		$	1,436			$	—			$	12,434			$	7			$	—			$	1,436			$	—			$	12,441			$	13,877			$	(572	)	1999 and			4/30/12			(2)
Alpharetta, GA																																													2009
Solomon - Fayetteville				(1)		$	1,536			$	—			$	10,016			$	2			$	—			$	1,538			$	—			$	10,016			$	11,554			$	(488	)	In 1999			4/30/12			(2)
Fayetteville, GA
Solomon - Gainesville				(1)		$	2,869			$	—			$	31,695			$	10			$	—			$	2,869			$	—			$	31,705			$	34,574			$	(1,452	)	1999 and			4/30/12			(2)
Gainesville, GA																																													2010
Solomon - Stockbridge				(1)		$	1,158			$	—			$	10,225			$	3			$	—			$	1,158			$	—			$	10,228			$	11,386			$	(470	)	In 1998			4/30/12			(2)
Stockbridge, GA
Provision Living Godfrey				(1)		$	350			$	—			$	9,521			$	—			$	—			$	350			$	—			$	9,521			$	9,871			$	(409	)	In 2010			5/7/12			(2)
Godfrey, IL
Amber Ridge Memory Care				(1)		$	741			$	—			$	5,315			$	(1	)		$	—			$	740			$	—			$	5,315			$	6,055			$	(226	)	In 2008			6/29/12			(2)
Moline, IL
Amber Ridge Assisted Living				(1)		$	681			$	—			$	2,240			$	203			$	—			$	774			$	—			$	2,350			$	3,124			$	(126	)	In 2003			6/29/12			(2)
Moline, IL
The Lodge				(1)		$	923			$	—			$	12,933			$	—			$	—			$	923			$	—			$	12,933			$	13,856			$	(534	)	In 2009			6/29/12			(2)
Carson City, Nevada
Rapids Waterpark				(1)		$	11,041			$	—			$	9,044			$	6,250			$	—			$	17,064			$	—			$	9,271			$	26,335			$	(1,210	)	1979 and			6/29/12			(2)
West Palm Beach, Florida																																													2007
Laurel Creek				(1)		$	2,454			$	—			$	4,030			$	33			$	—			$	2,468			$	—			$	4,049			$	6,517			$	(159	)	In 2009			12/14/12			(2)
Cumming, Georgia
Stratford						$	3,622			$	—			$	29,841			$	—			$	—			$	3,622			$	—			$	29,841			$	33,463			$	(458	)	In 2008			6/28/13			(2)
Carmel, Indiana
Pioneer Village				(1)		$	1,149			$	—			$	11,958			$	—			$	—			$	1,149			$	—			$	11,958			$	13,107			$	(144	)	In 2006			7/31/13			(2)
Jacksonville, Oregon
Bozeman Lodge				(1)		$	1,830			$	—			$	26,660			$	—			$	—			$	1,830			$	—			$	26,660			$	28,490			$	(263	)	In 2008			8/9/13			(2)
Bozeman, Montana
Soak City						$	12,516			$	—			$	3,259			$	—			$	—			$	12,516			$	—			$	3,259			$	15,775			$	(252	)	In 2001			8/12/13			(2)
Palm Springs, California
Phoenix Wet n Wild						$	—			$	8,715			$	4,748			$	—			$	—			$	—			$	8,715			$	4,748			$	13,463			$	(85	)	In 2009			11/26/13			(2)
Waterpark
Phoenix, Arizona
MorningStar at Dayton Place						$	4,903			$	—			$	23,441			$	—			$	—			$	4,903			$	—			$	23,441			$	28,344			$	(27	)	1987 and			12/13/13			(2)
Denver, Colorado																																													2009
Chateau Vestavia		(1)		$	821			$	—			$	16,929			$	—			$	—			$	821			$	—			$	16,929			$	17,750			$	(19	)		1991, 1993		12/20/13				(2)
Birmingham, Alabama																																												and 1997
Pacifica – Peoria		(1)		$	1,775			$	—			$	10,709			$	—			$	—			$	1,775			$	—			$	10,709			$	12,484			$	(13	)		In 1997		12/20/13				(2)
Peoria, Arizona
Pacifica – Portland		(1)		$	3,240			$	—			$	22,636			$	—			$	—			$	3,240			$	—			$	22,636			$	25,876			$	(27	)		In 1997		12/20/13				(2)
Portland, Oregon
Pacifica-Santa Clarita		(1)		$	884			$	—			$	17,254			$	—			$	—			$	884			$	—			$	17,254			$	18,138			$	(19	)		In 1988		12/20/13				(2)
Santa Clarita, California
Pacifica – Sun City		(1)		$	2,258			$	—			$	16,694			$	—			$	—			$	2,258			$	—			$	16,694			$	18,952			$	(20	)		1989 and		12/20/13				(2)
Sun City, Florida																																												1998
				$	839,847			$	288,230			$	819,911			$	194,079			$	—			$	904,409			$	311,560			$	926,098			$	2,142,067			$	(415,216	)
A summary of transactions in real estate and accumulated depreciation for the years ended December 31, 2013, 2012 and 2011 are as follows:
Balance at December 31, 2010		$	1,945,414
2011 Acquisitions			148,139
2011 Dispositions and assets held for sale			(31,926	)
2011 Impairment provision			(16,691	)
2010 Impairment provision			(26,880	)
Balance at December 31, 2011			2,044,936
2012 Acquisitions			190,787
2012 Dispositions and assets held for sale			(18,334	)
2012 Impairment provision			(680	)
Balance at December 31, 2012			2,216,709
2013 Acquisitions			249,136
2013 Dispositions and assets held for sale			(181,424	)
2013 Impairment provision			(142,354	)
Balance at December 31, 2013		$	2,142,067
Balance at December 31, 2010		$	(219,625	)
2011 Depreciation			(68,034	)
2011 Accumulated depreciation on dispositions and assets held for sale			4,722
Balance at December 31, 2011			(282,937	)
2012 Depreciation			(73,055	)
2012 Accumulated depreciation on dispositions and assets held for sale			101
Balance at December 31, 2012			(355,891	)
2013 Depreciation			(77,484	)
2013 Accumulated depreciation on dispositions and assets held for sale			18,159
Balance at December 31, 2013		$	(415,216	)
FOOTNOTES:
-1	The property is encumbered at December 31, 2013.
-2	Buildings and improvements are depreciated over 39 years. Leasehold improvements are depreciation over their estimated useful lives.
-3	The aggregate cost for federal income tax purposes is approximately $2.2 billion.
-4	The initial purchase price includes the original purchase price of $45.0 million, acquired July 23, 2006. On August 12, 2011, the Company purchased the golf facility, resort amenities and development land at this property for an additional $10.5 million. See Item 2. “Properties” for additional information.

SCHEDULE_IVMortgage_Loans_on_R

SCHEDULE IV-Mortgage Loans on Real Estate	12 Months Ended
	Dec. 31, 2013
SCHEDULE IV-Mortgage Loans on Real Estate	'
	CNL LIFESTYLE PROPERTIES, INC. AND SUBSIDIARIES
	SCHEDULE IV—MORTGAGE LOANS ON REAL ESTATE
	December 31, 2013 (in thousands)
	As of December 31, 2013 and 2012, mortgages and other notes receivable consisted of the following (in thousands):
			Date of Loan		Maturity	Interest		Accrued		Loan Principal Balance
			Agreement(s)		Date	Rate		Interest		as of December 31,
	Borrower (Description of Collateral Property)									2013			2012
	Big Sky Resort (one ski resort)		9/23/08		9/1/14	12.00%		$	680	$	68,000		$	68,000
	CMR Properties, LLC and CM Resort, LLC (2) (one ski property)		6/15/10		9/30/22	9.0% - 11.0%			877		16,620			16,537
	Boyne USA, Inc. (four ski resorts)		8/10/09		9/1/14	6.3% - 15.0%			3,439		13,896			18,081
	Evergreen Alliance Golf Limited, L.P. (1)		11/12/10		12/31/16	LIBOR + 4.0%			438		5,781			5,911
	PARC Myrtle Waves, LLC (2) (one attractions property)		2/10/11		2/10/21	7.50%			169		9,000			9,000
	Grand Prix Tampa, LLC (one attractions property)		7/31/11		7/31/16	8.50%			48		3,442			3,490
	RSA Properties – Misson Hills (one golf facility)		3/28/13		4/1/14	9.00%			4		275			—
	Total							$	5,655		117,014			121,019
	Accrued interest										5,655			5,301
	Acquisition fees, net										97			109
	Loan loss provision (1)(2)										(4,803	)		(1,699	)
	Total carrying amount									$	117,963		$	124,730
	FOOTNOTES:
	-1	In April 2012, the Company restructured a $6 million outstanding working capital line of credit receivable with a borrower that was having financial difficulties into a $6 million term loan. As part of the restructure, the Company reduced the interest rate from a fixed rate of 11% per annum to a rate of LIBOR plus 4% per annum and extended the maturity date from November 2013 to December 2016, with no payments of principal or interest required until January 2014. The borrower has an option to extend the maturity date to December 2021, subject to certain terms and conditions. During 2012, the Company recorded a loan loss provision under this troubled debt restructure of approximately $1.7 million representing the difference between the expected future cash flows discounted at the original loan’s effective interest rate and the net carrying value of the loan. Additionally, as part of the restructure, any percentage rent received for certain of the golf facilities will be used to reduce the term loan until it is paid in full. The percentage rent recorded as a reduction to the term loan amounted to approximately $0.1 million for each of the years ended December 31, 2013 and 2012, respectively.
	-2	In December 2013, one of the Company’s borrowers approached the Company about modifying the terms of their debt service payments due to its current financial challenges. In anticipation of providing payment concessions to the borrower, the Company recorded a loan loss provision of approximately $1.8 million representing the difference between the expected future cash flows discounted at the original loan’s effective interest rate and the net carrying value of the loan. In addition, the Company expects to foreclose on an attractions property that serves as collateral on one of its other existing loans and recorded a loan loss provision of approximately $1.3 million based on the estimated fair value of the collateral.
	CNL LIFESTYLE PROPERTIES, INC. AND SUBSIDIARIES
	SCHEDULE IV—MORTGAGE LOANS ON REAL ESTATE
	December 31, 2013 (in thousands)
			2013			2012
	Balance at beginning of period		$	124,730		$	124,352
	New mortgage loans			408			5,526
	Principal reduction			(4,413	)		(4,879	)
	Loan loss provision			(3,104	)		(1,699	)
	Accrued and deferred interest			354			2,035
	Acquisition fees allocated, net			(12	)		(645	)
	Loan origination fees, net			—			40
			$	117,963		$	124,730

Significant_Accounting_Policie1

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2013
Principles of Consolidation and Basis of Presentation	'
	Principles of Consolidation and Basis of Presentation — The accompanying consolidated financial statements include the Company’s accounts, the accounts of wholly owned subsidiaries or subsidiaries for which the Company has a controlling interest, the accounts of variable interest entities (“VIEs”) in which the Company is the primary beneficiary, and the accounts of other subsidiaries over which the Company has a controlling financial interest. All material intercompany accounts and transactions have been eliminated in consolidation.
	In accordance with the guidance for the consolidation of VIEs, the Company analyzes its variable interests, including loans, leases, guarantees, and equity investments, to determine if the entity in which it has a variable interest is a variable interest entity (“VIE”). The Company’s analysis includes both quantitative and qualitative reviews. The Company bases its quantitative analysis on the forecasted cash flows of the entity, and its qualitative analysis on its review of the design of the entity, its organizational structure including decision-making ability and financial agreements. The Company also uses its quantitative and qualitative analyses to determine if it is the primary beneficiary of the VIE, and if such determination is made, it includes the accounts of the VIE in its consolidated financial statements.
Allocation of Purchase Price for Real Estate Acquisitions	'
	Allocation of Purchase Price for Real Estate Acquisitions — Upon the acquisition of real estate properties, the Company records the fair value of the tangible assets (consisting of land, buildings, improvements and equipment), intangible assets (consisting of in-place leases and above or below market lease values), assumed liabilities and any contingent liabilities at fair value. Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Fair value is determined based on incorporating market participant assumptions, discounted cash flow models using appropriate capitalization rates, and the Company’s estimates reflecting the facts and circumstances of each acquisition. Acquisition fees and costs are expensed for acquisitions that are considered a business combination.
	The fair value of the tangible assets of an acquired leased property is determined by various factors including the comparable land sale method and cost approach method which estimates the replacement cost new less depreciation and a go dark income approach on the building in which the building is assumed to be vacant.
	The purchase price is allocated to in-place lease intangibles based on management’s evaluation of the specific characteristics of the acquired lease. Factors considered include estimates of carrying costs during hypothetical expected lease up periods, including estimates of lost rental income during the expected lease up periods, and costs to execute similar leases such as leasing commissions, legal and other related expenses.
	The Company may also enter into yield guarantees in connection with an acquisition, whereby the seller agrees to hold a portion of the purchase price in escrow that may be repaid to the Company in the event certain thresholds are not met. In calculating the estimated fair value of the yield guarantee, the Company considers information obtained about each property during the due diligence and budget process as well as discount rates to determine the fair value. The Company periodically evaluates the fair value of the yield guarantee and records any adjustments to the fair value as a component of other income (expense) in the accompanying consolidated statements of operations.
Depreciation and Amortization	'
	Depreciation and Amortization — Real estate costs related to the acquisition and improvement of properties are capitalized. Repair and maintenance costs are charged to expense as incurred and significant replacements and betterments are capitalized. Repair and maintenance costs include all costs that do not extend the useful life of the real estate asset. The Company considers the period of future benefit of an asset to determine its appropriate useful life. Real estate assets are stated at cost less accumulated depreciation, which is computed using the straight-line method of accounting over the estimated useful lives of the related assets. Buildings and improvements are depreciated over the lesser of 39 years or the remaining life of the ground lease including renewal options and leasehold and permit interests.
	Amortization of intangible assets is computed using the straight-line method of accounting over the respective lease term or estimated useful life. The capitalized above-market or below-market lease intangible is amortized to rental income over the estimated remaining term of the respective leases. If a lease were to be terminated prior to its scheduled expiration, all unamortized costs related to the lease would be written off. Intangible assets with indefinite lives are not amortized, and like all intangibles, are evaluated for impairment on an annual basis or upon a trigger event.
Investment in Unconsolidated Entities	'
	Investment in Unconsolidated Entities —The Company accounts for its investment in unconsolidated joint ventures under the equity method of accounting as the Company exercises significant influence, but does not maintain a controlling financial interest over these entities. These investments are recorded initially at cost and subsequently adjusted for cash contributions, distributions and equity in earnings (loss) of the unconsolidated entities. Based on the respective venture structures and preferences the Company receives on distributions and liquidation, the Company records its equity in earnings of the entities under the hypothetical liquidation at book value (“HLBV”) method of accounting. Under this method, the Company recognizes income or loss in each period as if the net book value of the assets in the ventures were hypothetically liquidated at the end of each reporting period following the provisions of the joint venture agreements. In any given period, the Company could be recording more or less income than actual cash distributions received and more or less than what the Company may receive in the event of an actual liquidation. The Company’s investment in unconsolidated entities is accounted for as an asset acquisition in which acquisition fees and expenses are capitalized as part of the basis in the investment in unconsolidated entities. The acquisition fees and expenses create an outside basis difference that are allocated to the assets of the investee and, if assigned to depreciable or amortizable assets, the basis differences are then amortized as a component of equity in earnings (loss) of unconsolidated entities.
Acquisition Fees and Expenses	'
	Acquisition Fees and Expenses — The Company incurs acquisition fees and expenses in connection with the selection and acquisition of properties, including expenses on properties it determines not to acquire. The Company immediately expenses all acquisition costs and fees associated with transactions deemed to be business combinations, but capitalizes these costs for transactions deemed to be acquisitions of an asset or equity method investment.
Impairment of Real Estate Assets	'
	Impairment of Real Estate Assets — Real estate assets are reviewed on an ongoing basis to determine whether there are any indicators, including property operating performance, general market conditions and significant changes in the manner of use or estimated holding period of the Company’s real estate assets or the strategy of its overall business, that the value of the real estate properties (including any related amortizable intangible assets or liabilities) may be impaired. To assess if a property value is potentially impaired, management compares the estimated current and projected undiscounted operating cash flows, including estimated net sales proceeds, of the property over its remaining useful life to the net carrying value of the property. Such cash flow projections consider factors such as expected future operating income, trends and prospects, as well as the effects of demand, competition and other factors. In the event that the carrying value exceeds the undiscounted operating cash flows, the Company would record an impairment provision to adjust the carrying value of the asset group to the estimated fair value of the property.
	For real estate the Company indirectly owns through an investment in a joint venture, tenant-in-common interest or other similar investment structure which is accounted for under the equity method, when impairment indicators are present, the Company compares the estimated fair value of its investment to the carrying value. An impairment charge will be recorded to the extent the fair value of its investment is less than the carrying amount and the decline in value is determined to be other than a temporary decline.
	The estimated fair values of unconsolidated entities are based upon a discounted cash flow model that includes all estimated cash inflows and outflows over the expected holding period. The capitalization rates and discounted rates utilized in the model are based upon rates that the Company believes to be within a reasonable range of current market rates for the underlying properties.
Bargain Purchase Gain	'
	Bargain Purchase Gain — A bargain purchase gain is recorded as a gain in earnings in the period of acquisition when the fair value of assets acquired net of liabilities assumed is greater than the consideration transferred.
Assets Held for Sale, net and Discontinued Operations	'
	Assets Held for Sale, net and Discontinued Operations — Assets that are classified as held for sale are recorded at the lower of their carrying value or fair value less costs to dispose. The Company classifies assets as held for sale once management has the authority to approve and commits to a plan to sell, the assets are available for immediate sale, an active program to locate a buyer and the sale of the assets are probable and transfer of the assets are expected to occur within one year. Upon the determination of the assets classified as held for sale or sold, the depreciation and amortization of the assets will terminate. The related operations of assets held for sale are reported as discontinued if such operations and cash flows can be clearly distinguished both operationally and financially from the ongoing operations, such operations and cash flows will be eliminated from ongoing operations once the disposal occurs, and if the Company will not have any significant continuing involvement subsequent to the sale.
Real Estate Dispositions	'
	Real Estate Dispositions — When real estate is disposed of, the related cost, accumulated depreciation or amortization and any accrued rental income for operating leases are removed from the accounts and gains and losses from the disposition are reflected in the consolidated statements of operations. Gains from the disposition of real estate are generally recognized using the full accrual method in accordance with the Financial Accounting Standards Board (“FASB”) guidance included in Real Estate Sales, provided that various criteria relating to the terms of sale and subsequent involvement by the Company with the properties are met. Gains may be deferred in whole or in part until the sales satisfy the requirements of gain recognition on sale of real estate. As of December 31, 2013, the Company deferred gains on two of its real estate dispositions as a result of making loans to the buyers financing a portion of the sales price.
Mortgages and Other Notes Receivables	'
	Mortgages and Other Notes Receivables — Mortgages and other notes receivable are stated at the principal amount outstanding, net of deferred loan origination costs or fees. Loan origination and other fees received by the Company in connection with making the loans are recorded as reduction of the note receivable and amortized into interest income, using the effective interest method, over the term of the loan. Acquisition fees and costs in connection with making the loans are capitalized and recorded as part of the mortgages and other notes receivable balance and amortized as a reduction of interest income over the term of the notes.
	The Company evaluates impairment on its mortgages and other notes receivable on an individual loan basis which includes, current information and events, periodic visits and quarterly discussions on the financial results of the properties being collateralized and the financial stability of the borrowers who are also tenants or third-party managers for certain properties in the Company’s real estate portfolio. The Company reviews each loan to determine the risk of loss and whether the individual loan is impaired and whether an allowance is necessary. If allowance is necessary, the Company will reduce the carrying value of the loan accordingly and record a corresponding charge to net income (loss). The credit quality of the Company’s borrowers is primarily based on their payment history on an individual loan basis, and, as such, the Company does not assign its mortgages and other note receivable in credit quality categories.
Cash	'
	Cash — Cash consists of demand deposits at commercial banks. The Company also invests in cash equivalents consisting of highly liquid investments in money market funds with original maturities of three months or less during the year. As of December 31, 2013, cash deposits exceeded federally insured amounts. However, the Company has not experienced any losses on such accounts. Management continues to monitor third-party depository institutions that hold the Company’s cash, primarily with the goal of safety of principal and secondarily on maximizing yield on those funds. To that end, the Company has diversified its cash among several banking institutions in an attempt to minimize exposure to any one of these entities. Management has attempted to select institutions that it believes are strong based on an evaluation of their financial stability and exposure to poor performing assets.
Restricted Cash	'
	Restricted Cash — Certain amounts of cash are restricted to fund capital expenditures for the Company’s real estate investment properties or represent certain tenant security deposits.
Derivative Instruments and Hedging Activities	'
	Derivative Instruments and Hedging Activities — The Company utilizes derivative instruments to partially offset the effect of fluctuating interest rates on the cash flows associated with its variable-rate debt. The Company follows established risk management policies and procedures in its use of derivatives and does not enter into or hold derivatives for trading or speculative purposes. The Company records all derivative instruments on the balance sheet at fair value. On the date the Company enters into a derivative contract, the derivative is designated as a hedge of the exposure to variable cash flows of a forecasted transaction. The effective portion of the derivative’s gain or loss is initially reported as a component of other comprehensive income (loss) and subsequently recognized in the statement of operations in the periods in which earnings are impacted by the variability of the cash flows of the hedged item. Any ineffective portion of the gain or loss is reflected in interest expense in the statement of operations. As of December 31, 2013 and 2012, the Company’s hedges qualified as highly effective and, accordingly, all of the change in value is reflected in other comprehensive income (loss).
Fair Value of Financial Instruments	'
	Fair Value of Financial Instruments — The estimated fair value of cash, accounts receivable, accounts payable and accrued expenses approximates carrying value as of December 31, 2013 and 2012, because of the liquid nature of the assets and relatively short maturities of the obligations. See Footnote 9. “Mortgages and other Notes Receivable, net” and Footnote 10. “Indebtedness” for the Company’s estimates of the fair value of its mortgages and other notes receivable and its indebtedness as of December 31, 2013 and 2012.
Fair Value Measurements	'
	Fair Value Measurements – Fair value assumptions are based on the framework established in the fair value accounting guidance under GAAP. The framework specifies a hierarchy of valuation inputs which was established to increase consistency, clarity and comparability in fair value measurements and related disclosures. The guidance describes a fair value hierarchy based upon three levels of inputs that may be used to measure fair value, two of which are considered observable and one that is considered unobservable. The following describes the three levels of fair value inputs:
		•		Level 1 — Quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access.
		•		Level 2 — Inputs, other than quoted prices included in Level 1, that are observable for the asset or liability either directly or indirectly; such as, quoted prices for similar assets or liabilities or other inputs that can be corroborated by observable market data.
		•		Level 3 — Unobservable inputs for the asset or liability, which are typically based on the Company’s own assumptions, as there is little, if any, related market activity.
	When market data inputs are unobservable, the Company utilizes inputs that it believes reflects the Company’s best estimate of the assumptions market participants would use in pricing the asset or liability. When inputs used to measure fair value fall within different levels of the hierarchy, the level within which the fair value measurement is categorized is based on the lowest level input that is significant to the fair value measurement.
Deferred Financing Costs	'
	Deferred Financing Costs — Financing costs paid in connection with obtaining long-term debt are deferred and amortized over the life of the debt using the effective interest method. As of December 31, 2013 and 2012, the accumulated amortization of loan costs was approximately $22.9 million and $15.5 million, respectively.
Foreign Currency Translation	'
	Foreign Currency Translation — The accounting records for the Company’s one consolidated foreign location, in Vancouver, British Columbia, are maintained in the local currency and revenues and expenses are translated using the average exchange rates during the period. Assets and liabilities are translated to U.S. dollars using the exchange rate in effect at the balance sheet date. The resulting translation adjustments are reflected in stockholders’ equity as a cumulative foreign currency translation adjustment, a component of accumulated other comprehensive income (loss). Gains and losses from foreign currency transactions are included in the accompanying consolidated statements of operations.
Revenue Recognition	'
	Revenue Recognition — For properties subject to operating leases, rental revenue is recorded on a straight-line basis over the terms of the leases. Additional percentage rent that is due contingent upon tenant performance thresholds, such as gross revenues, is deferred until the underlying performance thresholds have been achieved. Property operating revenues from managed properties, which are not subject to leasing arrangements, are derived from room rentals, food and beverage sales, ski and spa operations, golf operations, membership dues, ticket sales, concessions, waterpark and themepark operations, resident rental fees, assistance services, and other service revenues. Such revenues, excluding membership dues, are recognized when rooms are occupied, when services have been performed, and when products are delivered. Membership dues are recognized ratably over the term of the membership period. For mortgages and other notes receivable, interest income is recognized on an accrual basis when earned, except for loans placed on non-accrual status, for which interest income is recognized when received. Any deferred portion of contractual interest is recognized on a straight-line basis over the term of the corresponding note. Loan origination fees charged and acquisition fees incurred in connection with the making of loans are recognized as interest income, and a reduction in interest income, respectively over the term of the notes.
Capital Improvement Reserve Income	'
	Capital Improvement Reserve Income — The Company’s leases require the tenants to pay certain contractual amounts that are set aside by the Company for replacements of fixed assets and other improvements to the properties. These amounts are and will remain the property of the Company during and after the term of the lease. The amounts are recorded as capital improvement reserve income at the time that they are earned and are included in rental income from operating leases in the accompanying consolidated statements of operations.
Mortgages and Other Notes Payable	'
	Mortgages and Other Notes Payable — Mortgages and other notes payable are recorded at the stated principal amount and are generally collateralized by the Company’s lifestyle properties with monthly interest only and/or principal payments. A loan that is accounted for as a troubled debt restructure is recorded at the present value of the future cash payments, principal and interest, specified by the new terms. The Company may undergo a troubled debt restructuring if management determines that the underlying collateralized properties are not performing to meet debt service. In order to qualify as a troubled debt restructure the following must apply: (i) the underlying collateralized property value decreased as a result of the economic environment, (ii) transfer of asset (cash) to partially satisfy the loan has occurred and (iii) new loan terms decrease the effective interest rate and extend the maturity date. The difference between the future cash payments specified by the new terms and the carrying value immediately preceding the restructure is recorded as gain on extinguishment of debt.
Income Taxes	'
	Income Taxes — The Company has elected to be taxed as a REIT under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended and related regulations beginning with the year ended December 31, 2004. As a REIT, the Company generally is not subject to federal corporate income taxes provided it distributes at least 100% of its REIT taxable income and capital gains and meets certain other requirements for qualifying as a REIT. Subject to compliance with applicable tax law, certain properties may be operated using an eligible third-party manager. In those cases, taxable income from those operations may be subject to federal income tax. Management believes that the Company was organized and operated in a manner that enabled the Company to continue to qualify for treatment as a REIT for federal income tax purposes for the years ended December 31, 2013, 2012 and 2011.
	Under the provisions of the Internal Revenue Code and applicable state laws, each TRS entity of the Company is subject to taxation of income on the profits and losses from its operations. The Company accounts for federal and state income taxes with respect to its TRS entities using the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the consolidated financial statement carrying amounts of existing assets and liabilities and respective tax bases and operating losses and tax-credit carry forwards.
	Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be realized.
Earnings (loss) Per Share	'
	Earnings (loss) Per Share — Earnings (loss) per share is calculated based upon the weighted-average number of shares of common stock outstanding during the period.
Use of Estimates	'
	Use of Estimates — The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the financial statements, the reported amounts of revenues and expenses during the reporting periods and the disclosure of contingent liabilities. For example, significant estimates and assumptions are made in connection with the allocation of purchase price and the analysis of real estate, equity method investments and for impairments. Actual results could differ from those estimates.
Out of Period Adjustments	'
	Out of Period Adjustments — During the fourth quarter of 2012, the Company identified errors in the consolidated financial statements relating to prior years. The Company understated expenses related to the transition of certain properties from leased to managed structure which resulted in an understatement of loss on lease terminations by $1.6 million and an understatement of other operating expenses by $2.2 million. The Company concluded these adjustments were not material, individually or in the aggregate, to its results for this or any of the prior periods and, as such, the Company recorded out of period adjustments to increase its net loss during the fourth quarter of 2012 by $3.8 million.
	In July 2013, the Company completed the sale of 42 senior housing properties held through three unconsolidated joint ventures. In connection with the transaction, the Company received aggregate net sales proceeds of approximately $195.4 million and recorded an aggregate gain of approximately $55.4 million. The carrying amounts of the investments relating to the unconsolidated joint ventures were understated prior to disposition as a result of acquisition fees and costs that were incorrectly expensed in prior years. The Company concluded these adjustments were not material, individually or in the aggregate, to its results for this or any of the prior periods and, as such, the Company recorded out of period adjustments that increased the gain on sale in the third quarter of 2013 by approximately $1.9 million. See “Footnote 8. Variable Interest and Unconsolidated Entities” for additional information.
Revision to Previously Issued Financial Statements	'
	Revision to Previously Issued Financial Statements — In connection with the preparation of its financial statements, the Company determined that the Consolidated Statements of Cash Flows for the year ended December 31, 2012 contained an error in the presentation of a deposit escrowed as additional collateral to one of the Company’s loans, entered into by a non-guarantor subsidiary during the three months ended September 30, 2012, in the amount of approximately $11.2 million. Accordingly, the Company revised the Consolidated Statements of Cash Flows and the Supplemental Consolidating Statement of Cash Flows for the Consolidated Statements of Cash Flows and the Supplemental Consolidating Statement of Cash Flows for the year ended December 31, 2012 as follows (in thousands):
			Year Ended
			December 31,
			2012
	CNL Lifestyle Properties, Inc.
	Cash flows provided by operating activities, as reported		$	76,726
	Cash flows provided by operating activities, as revised		$	87,893
	Cash flows used in investing activities, as reported		$	(260,297	)
	Cash flows used in investing activities, as revised		$	(271,464	)
	Non-Guarantor Subsidiares
	Cash flows provided by operating activities, as reported		$	70,093
	Cash flows provided by operating activities, as revised		$	81,260
	Cash flows used in investing activities, as reported		$	(233,256	)
	Cash flows used in investing activities, as revised		$	(244,423	)
	The Company concluded that the corrections were not material to any of its previously issued consolidated financial statements based on an analysis of quantitative and qualitative factors performed in accordance with the guidance provided in Securities Exchange Commission (“SEC”) Staff Accounting Bulletin No. 99, “Materiality.” The error and revisions did not affect the Company’s Consolidated Balance Sheets, Consolidated Statements of Operations, Consolidated Statements of Comprehensive Losses, Consolidated Statements of Stockholders’ Equity, Supplemental Consolidating Balance Sheet, Supplemental Consolidating Statement of Operations, Supplemental Consolidating Statement of Comprehensive Loss or cash balances for any reporting periods. Additionally, the revisions did not affect the Company’s compliance with any financial covenants.
Segment Information	'
	Segment Information — Operating segments are components of an enterprise for which separate financial information is available and is evaluated regularly by the chief operating decision maker in deciding how to allocate resources and assess performance. The Company’s chief operating decision maker currently evaluates the Company’s operations from a number of different operational perspectives including but not limited to a property-by-property basis and by tenant and operator. The Company derives all significant revenues from a single reportable operating segment of business, lifestyle real estate regardless of the type (ski, attractions, senior housing, etc.) or ownership structure (leased or managed). In addition, the Company evaluated each individual property and determined they were individually less than 10% of the combined revenue for the year ended December 31, 2013. Accordingly, the Company does not report segment information; nevertheless, management periodically evaluates whether the Company continues to have one single reportable segment of business.
Reclassifications	'
	Reclassifications — Certain prior period amounts in the consolidated financial statements have been reclassified to conform to the current period presentation with no effect on previously reported total assets and total liabilities, net loss or stockholders’ equity. The results of operations of the real estate properties that are classified as held for sale, along with properties sold during the period, are reflected in discontinued operations for all periods presented.
Recent Accounting Pronouncements	'
	Recent Accounting Pronouncements — In July 2013, the FASB issued Accounting Standard Update (“ASU”) No. 2013-10, “Derivatives and Hedging (Topic 815): Inclusion of the Fed Funds Effective Swap Rate (or Overnight Index Swap Rate) as a Benchmark Interest Rate for Hedge Accounting Purposes (Topic 815).” This ASU permits the Fed Funds Effective Swap Rate to be used as a U.S. benchmark interest rate for hedge accounting purposes, in addition to U.S. government and the London Interbank Offer Rate (LIBOR). This ASU is effective prospectively for qualifying new or redesignated hedging relationships entered into on or after July 17, 2013. The adoption of this ASU did not have a material impact on the Company’s financial statements and disclosures.
	In February 2013, the FASB issued ASU No. 2013-02, “Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income (AOCI).” This update clarified the guidance in subtopic 220 and requires preparers to report, in one place, information about reclassifications out of AOCI. The ASU also requires companies to report changes in AOCI balances. Effective January 1, 2013, the Company adopted this ASU. The adoption of this update did not have a material impact on the Company’s financial statements and disclosures.
	In July 2012, the FASB issued ASU No. 2012-02, “Intangibles — Goodwill and Other (Topic 350).” This ASU provides an entity with the option to make a qualitative assessment about the likelihood that an indefinite-lived intangible asset is impaired and to determine whether it should perform a quantitative impairment test. This ASU is effective for annual and interim impairment tests performed for fiscal years beginning after September 15, 2012. The adoption of this ASU did not have a material effect on the Company’s financial statements and disclosures.
	In December 2011, the FASB issued ASU No. 2011-11, “Balance Sheet (Topic 210): Disclosures about Offsetting Assets and Liabilities (Topic 210).” This ASU also serves to amend the disclosure requirements in FASB ASU 815, “Derivatives and Hedging.” This ASU will require companies to provide both net amounts (those that are offset) and gross information (as if amounts are not offset) in notes to the financial statements. In January 2013, the FASB issued ASU No. 2013-01, Balance Sheet (Topic 210): Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities”, that clarifies which instruments and transactions are subject to the offsetting disclosure requirement within the scope of ASU 2011-11. This ASU is effective for interim and annual periods beginning after January 1, 2013. The adoption of this ASU did not have a material effect on the Company’s financial statements and disclosures. See Footnote 11. “Derivative Instruments and Hedging Activities” for additional information.

Significant_Accounting_Policie2

Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2013
Revision of Consolidated Statements of Cash Flows and Supplemental Consolidating Statement of Cash Flows	'
	Accordingly, the Company revised the Consolidated Statements of Cash Flows and the Supplemental Consolidating Statement of Cash Flows for the Consolidated Statements of Cash Flows and the Supplemental Consolidating Statement of Cash Flows for the year ended December 31, 2012 as follows (in thousands):
		Year Ended
		December 31,
		2012
	CNL Lifestyle Properties, Inc.
	Cash flows provided by operating activities, as reported	$	76,726
	Cash flows provided by operating activities, as revised	$	87,893
	Cash flows used in investing activities, as reported	$	(260,297	)
	Cash flows used in investing activities, as revised	$	(271,464	)
	Non-Guarantor Subsidiares
	Cash flows provided by operating activities, as reported	$	70,093
	Cash flows provided by operating activities, as revised	$	81,260
	Cash flows used in investing activities, as reported	$	(233,256	)
	Cash flows used in investing activities, as revised	$	(244,423	)

Acquisitions_Tables

Acquisitions (Tables)	12 Months Ended
	Dec. 31, 2013
Schedule of Acquired Properties	'
	Consolidated Entities. During the year ended December 31, 2013, the Company acquired the following properties (in thousands):
	Product/Description		Location		Date of				Purchase
					Acquisition				Price
	The Stratford Continuing Care Retirement Community — One senior housing property		Indiana			6/28/13			$	22,000	(1)
	Pioneer Village — One senior housing property		Oregon			7/31/13				14,850
	Bozeman Lodge — One senior housing property		Montana			8/9/13				31,000
	Wet ’n’ Wild Palm Springs — One attractions property		California			8/12/13				15,601	(2)
	Wet ’n’ Wild Phoenix — One attractions property		Arizona			11/26/13				33,000
	MorningStar at Dayton Place — One senior housing property		Colorado			12/13/13				29,908
	Chateau Vestavia — One senior housing property		Alabama			12/20/13				18,500
	Pacifica Peoria— One senior housing property		Arizona			12/20/13				13,250
	Pacifica Portland — One senior housing property		Oregon			12/20/13				27,250
	Pacifica Santa Clarita — One senior housing property		California			12/20/13				19,250
	Pacifica Sun City — One senior housing property		Florida			12/20/13				20,250
									$	244,859
	FOOTNOTES:
	-1	Amount shown is net of the present value of entrance fee liabilities assumed on date of acquisition of approximately $13.8 million.
	-2	In connection with the acquisition, the Company recorded approximately $2.7 million in bargain purchase gain as a result of the fair value of the net assets acquired exceeding the consideration transferred. The excess resulted from the fact that the seller did not widely market the property for sale and was motivated to sell because the property was deemed an outlier from the other investments owned by the seller.
	During the year ended December 31, 2012, the Company acquired the following properties (in thousands):
	Product/Description		Location		Date of				Purchase
					Acquisition				Price
	Dogwood Forest of Alpharetta — One senior housing property		Georgia			4/30/12			$	15,300
	Dogwood Forest of Fayetteville — One senior housing property		Georgia			4/30/12				12,900
	Dogwood Forest of Gainesville — One senior housing property		Georgia			4/30/12				38,800
	Dogwood Forest of Eagles Landing — One senior housing property		Georgia			4/30/12				12,800
	Provision Living at Godfrey — One senior housing property		Illinois			5/7/12				11,000
	Amber Ridge Memory Care — One senior housing property		Illinois			6/29/12				6,900
	Amber Ridge Assisted Living — One senior housing property		Illinois			6/29/12				3,600
	The Lodge Assisted Living and Memory Care Community — One senior housing property		Nevada			6/29/12				15,500
	Rapids Waterpark — One attractions property		Florida			6/29/12				51,850
	Culpepper Place of Fayettteville —One senior housing property		Arkansas			11/30/12				14,000
	Dogwood Forest of Cumming—One senior housing property		Georgia			12/14/12				7,500
									$	190,150
Allocation of Purchase Price	'
	The following summarizes the allocation of the purchase price for the above properties and the estimated fair values of the assets acquired (in thousands):
			Total Purchase
			Price Allocation
	Land and land improvements		$	32,998
	Leasehold interests and improvements			8,715
	Buildings			184,131
	Equipment			27,343
	In-place lease intangibles (1)			5,141
	Trade name intangibles			2,291
	Other assets			703
	Other liabilities			(13,810	)
	Net assets acquired			247,512
	Bargain purchase gain			(2,653	)
	Total purchase price consideration		$	244,859
	FOOTNOTE:
	-1	The weighted-average amortization period for intangible in-place leases acquired range between 2.5 years to 15 years as of the date of acquisition.
	The following summarizes the allocation of the purchase price for the above properties and the estimated fair values of the assets acquired (in thousands):
			Total Purchase
			Price Allocation
	Land and land improvements		$	30,099
	Buildings			119,492
	Equipment			26,398
	In-place lease intangibles (1)			8,036
	Trade name intangibles			4,434
	Other assets			1,691
	Net assets acquired		$	190,150
	FOOTNOTE:
	-1	The weighted-average amortization period for intangible in-place leases acquired was two years as of the date of acquisition.
Business Acquisitions, Pro Forma Results of Operations	'
	The following table presents the unaudited pro forma results of operations of the Company as if each of the properties were acquired as of January 1, 2011 and owned during the years ended December 31, 2012 and 2011 (in thousands, except per share data):
			Unaudited
			Year Ended December 31,
			2012				2011
	Revenues		$	488,523			$	441,401
	Expenses (1)			498,574				434,501
	Other expense			(60,110	)			(57,890	)
	Loss from continuing operations		$	(70,161	)		$	(50,990	)
	Loss per share of common stock (basic and diluted) Continuing operations		$	(0.22	)		$	(0.17	)
	Weighted average number of shares of common stock outstanding (basic and diluted)			312,309				302,250
	FOOTNOTE:
	-1	The pro formas for the year ended December 31, 2012, were adjusted to exclude approximately $1.6 million of acquisition related expenses incurred in 2012. The pro forma for the year ended December 31, 2011, were adjusted to include these charges.

Real_Estate_Investment_Propert1

Real Estate Investment Properties, net (Tables)	12 Months Ended
	Dec. 31, 2013
Schedule of Real Estate Investment Properties	'
	As of December 31, 2013 and 2012, real estate investment properties consisted of the following (in thousands):
		2013			2012
	Land and land improvements	$	904,409		$	1,052,350
	Leasehold interests and improvements		311,560			316,419
	Buildings		926,098			847,940
	Equipment		692,854			609,647
	Less: accumulated depreciation and amortization		(765,948	)		(649,999	)
	Total	$	2,068,973		$	2,176,357

Assets_Held_for_Sale_net_and_D1

Assets Held for Sale, net and Discontinued Operations (Tables)	12 Months Ended
	Dec. 31, 2013
Net Carrying Value of Assets Held for Sale	'
	The following table presents the net carrying value of the properties classified as assets held for sale (in thousands):
		2013			2012
	Land and land improvements	$	40,097		$	2,874
	Building and building improvements		47,989			2,157
	Equipment		2,708			712
	Total	$	90,794		$	5,743
Summary of Loss from Discontinued Operations	'
	The following table is a summary of loss from discontinued operations for the years ended December 31, 2013, 2012 and 2011 (in thousands):
		2013			2012			2011
	Revenues	$	10,294		$	10,804		$	13,045
	Expenses		(8,413	)		(8,221	)		(11,203	)
	Depreciation and amortization		(3,289	)		(3,351	)		(3,869	)
	Impairment provision		(21,267	)		(670	)		(13,671	)
	Operating loss		(22,675	)		(1,438	)		(15,698	)
	Gain from sale of properties		2,407			288			1,171
	Other expense		(1,741	)		(1,766	)		(2,595	)
	Loss from discontinued operations	$	(22,009	)	$	(2,916	)	$	(17,122	)

Intangible_Assets_net_Tables

Intangible Assets, net (Tables)	12 Months Ended
	Dec. 31, 2013
Gross Carrying Amount and Accumulated Amortization of Intangible Assets	'
	The gross carrying amount and accumulated amortization of the Company’s intangible assets as of December 31, 2013 and 2012 are as follows (in thousands):
		Gross Carrying		Accumulated			2013 Net Book
	Intangible Assets	Amount		Amortization			Value
	In place leases	$	34,745	$	(17,513	)	$	17,232
	Trade name		9,060		(1,789	)		7,271
	Trade name		12,419		—			12,419
	Total	$	56,224	$	(19,302	)	$	36,922
		Gross Carrying		Accumulated			2012 Net Book
	Intangible Assets	Amount		Amortization			Value
	In place leases	$	29,921	$	(9,742	)	$	20,179
	Trade name		10,798		(1,535	)		9,263
	Trade name		6,015		—			6,015
	Total	$	46,734	$	(11,277	)	$	35,457
Estimated Future Amortization Expense of Intangible Assets	'
	The estimated future amortization expense for the Company’s finite-lived intangible assets as of December 31, 2013 is as follows (in thousands):
	2014	$	6,614
	2015		3,006
	2016		1,325
	2017		928
	2018		853
	Thereafter		11,777
	Total	$	24,503

Operating_Leases_Tables

Operating Leases (Tables)	12 Months Ended
	Dec. 31, 2013
Future Minimum Lease Payments to be Received under Non-Cancellable Operating Leases	'
	The following is a schedule of future minimum lease payments to be received under the non-cancellable operating leases with third-parties at December 31, 2013 (in thousands):
	2014	$	133,358
	2015		136,509
	2016		138,852
	2017		140,123
	2018		142,002
	Thereafter		1,399,190
	Total	$	2,090,034

Variable_Interest_and_Unconsol1

Variable Interest and Unconsolidated Entities (Tables)	12 Months Ended
	Dec. 31, 2013
Aggregate Carrying Amount and Major Classifications of Consolidated Assets and Liabilities	'
	The aggregate carrying amount and major classifications of the consolidated assets that can be used to settle obligations of the VIEs and liabilities of the consolidated VIEs that are non-recourse to the Company are as follows (in thousands):
			December 31,
			2013			2012
	Assets
	Real estate investment properties, net		$	184,306		$	207,516
	Other assets		$	29,075		$	39,618
	Liabilities
	Mortgages and other notes payable		$	87,095		$	80,481
	Other liabilities		$	13,214		$	15,806
Summarized Operating Data of Unconsolidated Entities	'
	The following tables present financial information for the Company’s unconsolidated entities for the years ended December 31, 2013, 2012 and 2011 (in thousands):
	Summarized operating data:
			Year Ended December 31, 2013
			DMC			Intrawest			CNLSun I			CNLSun II			CNLSun III
			Partnership			Venture			Venture (6)			Venture (6)			Venture (6)			Total
	Revenues		$	28,062		$	—		$	71,287		$	19,654		$	21,549		$	140,552
	Property operating expenses			(796	)		—			(45,999	)		(15,439	)		(14,609	)		(76,843	)
	Depreciation and amortization			(9,182	)		—			(10,994	)		(2,244	)		(2,874	)		(25,294	)
	Interest expense			(7,908	)		—			(16,154	)		(2,057	)		(2,928	)		(29,047	)
	Interest and other income			3			—			20			—			—			23
	Income (loss) from continuing operations			10,179			—			(1,840	)		(86	)		1,138			9,391
	Discontinued operations (4)			—			2,546			—			—			—			2,546
	Net income (loss)		$	10,179		$	2,546		$	(1,840	)	$	(86	)	$	1,138		$	11,937
	Income (loss) allocable to other venture partners (1)		$	(1,166	)	$	(1,611	) (3)	$	(1,341	)	$	(8	)	$	1,788		$	(2,338	)
	Income (loss) allocable to the Company (1)		$	11,345		$	4,157		$	(499	)	$	(78	)	$	(650	)		14,275
	Amortization of capitalized costs			(433	)		(233	)		(1,305	)		(431	)		(172	)		(2,574	)
	Equity in earnings (loss) of unconsolidated entities		$	10,912		$	3,924		$	(1,804	)	$	(509	)	$	(822	)	$	11,701
	Distribution declared to the Company		$	11,345		$	1,998		$	7,797		$	1,039		$	1,660		$	23,839
	Distributions received by the Company		$	11,337		$	2,427		$	11,750	(2)	$	1,567	(2)	$	4,965	(2)	$	32,046
			Year Ended December 31, 2012
			DMC			Intrawest			CNLSun I			CNLSun II			CNLSun III			Total
			Partnership			Venture			Venture			Venture			Venture
	Revenues		$	27,858		$	—		$	137,897		$	37,301		$	43,087		$	246,143
	Property operating expenses			(2,963	) (5)		—			(87,910	)		(27,525	)		(29,131	)		(147,529	)
	Depreciation and amortization			(9,040	)		—			(23,154	)		(4,991	)		(6,457	)		(43,642	)
	Interest expense			(8,260	)		—			(32,615	)		(4,899	)		(5,858	)		(51,632	)
	Interest and other income (expense)			28			—			372			(368	)		28			60
	Income (loss) from continuing operations			7,623			—			(5,410	)		(482	)		1,669			3,400
	Discontinued operations (4)			—			(5,568	)		—			—			—			(5,568	)
	Net income (loss)		$	7,623		$	(5,568	)	$	(5,410	)	$	(482	)	$	1,669		$	(2,168	)
	Loss allocable to other venture partners (1)		$	(1,810	)	$	(1,564	) (3)	$	(7,084	)	$	(407	)	$	(1,346	)	$	(12,211	)
	Income (loss) allocable to the Company (1)		$	9,433		$	(4,004	)	$	1,674		$	(75	)	$	3,015			10,043
	Amortization of capitalized costs			(471	)		(234	)		(2,610	)		(862	)		(345	)		(4,522	)
	Equity in earnings (loss) of unconsolidated entities		$	8,962		$	(4,238	)	$	(936	)	$	(937	)	$	2,670		$	5,521
	Distribution declared to the Company		$	11,345		$	3,096		$	15,709		$	5,094		$	7,776		$	43,020
	Distributions received by the Company		$	11,353		$	2,725		$	15,665		$	5,189	(2)	$	5,256	(2)	$	40,188
	Summarized operating data:
			Year Ended December 31, 2011
			DMC			Intrawest			CNLSun I			CNLSun II			CNLSun III			Total
			Partnership			Venture			Venture (7)			Venture (7)			Venture (7)
	Revenues		$	27,481		$	—		$	127,479		$	14,439		$	9,297		$	178,696
	Property operating expenses			(738	)		—			(86,554	)		(10,276	)		(7,938	)		(105,506	)
	Depreciation and amortization			(8,935	)		—			(23,419	)		(2,255	)		(1,570	)		(36,179	)
	Interest expense			(8,499	)		—			(31,728	)		(2,121	)		(1,367	)		(43,715	)
	Interest and other income (expense)			29			—			(5,702	)		(899	)		(240	)		(6,812	)
	Income (loss) from continuing operations			9,338			—			(19,924	)		(1,112	)		(1,818	)		(13,516	)
	Discontinued operations (4)			—			(723	)		—			—			—			(723	)
	Net income (loss)		$	9,338		$	(723	)	$	(19,924	)	$	(1,112	)	$	(1,818	)	$	(14,239	)
	Loss allocable to other venture partners (1)		$	(1,954	)	$	(1,733	) (3)	$	(14,021	)	$	(333	)	$	(837	)	$	(18,878	)
	Income (loss) allocable to the Company (1)		$	11,292		$	1,010		$	(5,903	)	$	(779	)	$	(981	)		4,639
	Amortization of capitalized costs			(487	)		(234	)		(2,501	)		(323	)		(72	)		(3,617	)
	Equity in earnings (loss) of unconsolidated entities		$	10,805		$	776		$	(8,404	)	$	(1,102	)	$	(1,053	)	$	1,022
	Distribution declared to the Company		$	11,292		$	3,163		$	15,127		$	1,028		$	785		$	31,395
	Distributions received by the Company		$	11,422		$	2,845		$	11,218		$	406		$	—		$	25,891
	FOOTNOTES:
	-1	Income is allocated between the Company and its venture partners using the hypothetical liquidation book value (“HLBV”) method of accounting.
	-2	For the year ended December 31, 2013, distributions received by the Company includes approximately $4.0 million, $0.5 million and $0.8 million in return of capital on the CNLSun I, CNLSun II and CNLSun III ventures, respectively. For the year ended December 31, 2012, distributions received by the Company includes approximately $1.5 million and $1.9 million in return of capital on the CNLSun II and CNLSun III ventures, respectively.
	-3	This amount represents the venture partner’s portion of interest expense on a loan which the partners made to the venture. These amounts are treated as distributions for the purposes of the HLBV calculation.
	-4	In connection with the planned sale of its properties, the venture classified its seven retail properties as assets held for sale and performed an impairment analysis and determined that the carrying value of one of its properties was higher than expected net sales proceeds. As such the venture recorded an impairment provision of approximately $4.5 million which is included as part of discontinued operations for the year ended December 31, 2012. No impairments were recorded for the years ended December 31, 2013 or 2011.
	-5	During the year ended December 31, 2012, the DMC Partnership incurred approximately $2.3 million in acquisition costs relating to a potential acquisition that was ultimately not pursued.
	-6	On July 1, 2013, the Company completed the sale of its interest in 42 senior housing properties held through CNLSun I, CNLSun II and CNLSun III ventures as discussed above. As such, summarized operating data for those ventures is reported through June 30, 2013.
	-7	Represents operating data from the date of acquisition through the end of period presented.
Summarized Balance Sheet Data of Unconsolidated Entities	'
	Summarized balance sheet data
			As of December 31, 2013
			DMC			Intrawest			Total
			Partnership			Venture
	Real estate assets, net		$	228,755		$	—		$	228,755
	Asset held for sale			—			81,661			81,661
	Other assets			13,297			15,799			29,096
	Mortgages and other notes payable			131,860			70,292			202,152
	Other liabilities			5,551			17,075			22,626
	Partners’ capital			104,641			10,093			114,734
	Carrying amount of investment (1)			107,162			25,162			132,324
	Company’s ownership percentage (1)			82	%		80	%
			As of December 31, 2012
			DMC			Intrawest			CNLSun I			CNLSun II			CNLSun III			Total
			Partnership			Venture			Venture			Venture			Venture
	Real estate assets, net		$	236,200		$	—		$	593,745		$	122,171		$	162,668		$	1,114,784
	Asset held for sale			—			84,278			—			—			—			84,278
	Other assets			12,410			14,174			30,807			5,644			10,528			73,563
	Mortgages and other notes payable			135,428			73,702			434,940			104,549			120,000			868,619
	Other liabilities			5,089			15,459			20,173			6,096			10,668			57,485
	Partners’ capital			108,093			9,291			169,439			17,170			42,528			346,521
	Carrying amount of investment (1)			107,641			23,506			108,334			13,660			34,198			287,339
	Company’s ownership percentage (1)			82	%		80	%		60	%		70	%		67.9	%
	FOOTNOTE:
	-1	As of December 31, 2013 and 2012, the Company’s share of partners’ capital determined under HLBV was approximately $124.9 million and $265.3 million, respectively, and the total difference between the carrying amount of the investment and the Company’s share of partners’ capital determined under HLBV was approximately $7.4 million and $22.0 million, respectively.

Mortgages_and_Other_Notes_Rece1

Mortgages and Other Notes Receivable, net (Tables)	12 Months Ended
	Dec. 31, 2013
Mortgages and Other Notes Receivable	'
	As of December 31, 2013 and 2012, mortgages and other notes receivable consisted of the following (in thousands):
									Loan Principal Balance
			Date of Loan		Maturity	Interest	Accrued		as of December 31,
	Borrower (Description of Collateral Property)		Agreement(s)		Date	Rate	Interest		2013			2012
	Big Sky Resort (one ski resort)		9/23/08		9/1/14	12.00%	$	680	$	68,000		$	68,000
	CMR Properties, LLC and CM Resort, LLC (2) (one ski property)		6/15/10		9/30/22	9.0% - 11.0%		877		16,620			16,537
	Boyne USA, Inc. (four ski resorts)		8/10/09		9/1/14	6.3% - 15.0%		3,439		13,896			18,081
	Evergreen Alliance Golf Limited, L.P. (1)		11/12/10		12/31/16	LIBOR + 4.0%		438		5,781			5,911
	PARC Myrtle Waves, LLC (2) (one attractions property)		2/10/11		2/10/21	7.50%		169		9,000			9,000
	Grand Prix Tampa, LLC (one attractions property)		7/31/11		7/31/16	8.50%		48		3,442			3,490
	RSA Properties – Misson Hills (one golf facility)		3/28/13		4/1/14	9.00%		4		275			—
	Total						$	5,655		117,014			121,019
	Accrued interest									5,655			5,301
	Acquisition fees, net									97			109
	Loan loss provision (1) (2)									(4,803	)		(1,699	)
	Total carrying amount								$	117,963		$	124,730
	FOOTNOTES:
	-1	In April 2012, the Company restructured a $6 million outstanding working capital line of credit receivable with a borrower that was having financial difficulties into a $6 million term loan. As part of the restructure, the Company reduced the interest rate from a fixed rate of 11% per annum to a rate of LIBOR plus 4% per annum and extended the maturity date from November 2013 to December 2016, with no payments of principal or interest required until January 2014. The borrower has an option to extend the maturity date to December 2021, subject to certain terms and conditions. During 2012, the Company recorded a loan loss provision under this troubled debt restructure of approximately $1.7 million representing the difference between the expected future cash flows discounted at the original loan’s effective interest rate and the net carrying value of the loan. Additionally, as part of the restructure, any percentage rent received for certain of the golf facilities will be used to reduce the term loan until it is paid in full. The percentage rent recorded as a reduction to the term loan amounted to approximately $0.1 million for each of the years ended December 31, 2013 and 2012, respectively.
	-2	In December 2013, one of the Company’s borrowers approached the Company about modifying the terms of their debt service payments due to its current financial challenges. In anticipation of providing payment concessions to the borrower , the Company recorded a loan loss provision of approximately $1.8 million representing the difference between the expected future cash flows discounted at the original loan’s effective interest rate and the net carrying value of the loan. In addition, the Company expects to foreclose on an attractions property that serves as collateral on one of its other existing loans and recorded a loan loss provision of approximately $1.3 million based on the estimated fair value of the collateral.
Future Principal Maturities for Mortgages and Other Notes Receivable	'
	The following is a schedule of future principal maturities for all mortgages and other notes receivable (in thousands):
	2014		$	82,227
	2015			57
	2016			11,003
	2017			109
	2018			118
	Thereafter			23,500
	Total		$	117,014

Indebtedness_Tables

Indebtedness (Tables)	12 Months Ended
	Dec. 31, 2013
Schedule of Future Principal Payments and Maturities for indebtedness	'
	Mortgages and Other Notes Payable - As of December 31, 2013 and 2012, the Company had the following indebtedness (in thousands):
			Collateral and		Interest	Maturity		Principal Balance as of
			Approximate Carrying Value of		Rate	Date		December 31,
			Collateral at December 31, 2013					2013			2012
	Variable rate debt:
	Mortgage debt		1 multi-family residential property,		30-day LIBOR + 1.3% (1)(2)		1/2/16	$	61,042		$	62,856
			$74.7 million
	Mortgage debt		1 hotel property, $77.6 million		30-day LIBOR + 3.0% (1)(2)		8/28/16		24,811			25,000
	Mortgage debt		1 ski and mountain lifestyle property,		30-day LIBOR + 3.3% (1)(2)		9/1/19		8,746			9,070
			$20.8 million
	Mortgage debt		1 ski and mountain lifestyle property,		CDOR + 3.8% (1)(2)		11/30/14		16,603	(5)		18,434
			$32.7 million
	Mortgage debt		1 ski and mountain lifestyle property,		30-day LIBOR + 4.5% (1)(2)		12/31/15		15,450			16,350
			$32.4 million
	Mortgage debt		1 attractions property,		30-day LIBOR + 3.0% (1)		11/30/15		21,000			21,000
			$50.1 million
	Mortgage debt		5 senior housing properties,		30-day LIBOR + 3.5% (1)		4/1/16		30,000			—
			$40.8 million
	Mortgage debt		7 senior housing properties,		30-day LIBOR + 2.5% (1)(4)		6/30/14		101,298			—
			$142.1 million
	Total variable rate debt							$	278,950		$	152,710
	Mortgages and Other Notes Payable - As of December 31, 2013 and 2012, the Company had the following indebtedness (in thousands):
			Collateral and		Interest	Maturity		Principal Balance as of
			Approximate Carrying Value of					December 31,
			Collateral at December 31, 2013		Rate	Date		2013			2012
	Fixed rate debt:
	Mortgage debt		1 golf property, $6.7 million		7.30%		3/1/16	$	5,281		$	5,418
	Mortgage debt		19 golf properties and 1 ski lift attraction property, $161.9 million		6.10%		2/5/17		84,993			88,146
	Mortgage debt		8 senior housing properties,		4.35% - 4.5%		10/5/18		59,212			60,631
			$91.9 million
	Mortgage debt		1 attractions lifestyle property,		6.80%		9/28/16		19,301			19,639
			$29.9 million
	Mortgage debt		6 ski and mountain lifestyle properties,		6.10%		4/5/17		100,715			105,039
			$214.2 million
	Mortgage debt		2 hotel properties, $56.3 million		6.10%		3/1/16		48,090			50,635
	Mortgage debt		3 marina properties,		6.3% - 6.5%		9/1/2016-		11,980			12,560
			$35.2 million				12/1/16
	Mortgage debt		3 senior housing properties		4.40%		10/5/18		16,795			17,205
			$26.5 million
	Mortgage debt		1 attraction property, $110.2 million		6.00%		4/30/18		43,731			44,552
	Mortgage debt		4 senior housing properties,		3.79%		7/1/19		46,499			46,499
			$71.9 million
	Seller financing		3 ski and mountain lifestyle properties,		8.0% - 9.5%		12/31/14		34,600			34,600
			$105.2 million
	Mortgage debt		1 attractions property,		6.1% - 6.4%		11/1/2023-		10,219			11,602
			$26.5 million				4/1/25
	Senior notes		$1,088.5 million (3)		7.30%		4/15/19		396,550			396,550
	Total fixed rate debt							$	877,966		$	893,076
	Total debt							$	1,156,916		$	1,045,786
	Discount							$	(2,305	)	$	(2,684	)
	Total							$	1,154,611		$	1,043,102
	FOOTNOTES:
	-1	The 30-day LIBOR rate was approximately 0.2% as of December 31, 2013 and 2012, respectively. The 30-day CDOR rate was approximately 1.2% as of December 31, 2013 and 2012.
	-2	The Company has entered into interest rate swaps for these variable rate debts. See Note 11. “Derivative instruments and Hedging Activities” for additional information
	-3	The Company issued $400.0 million senior notes which are guaranteed by certain of its properties. See “Item 2 – Properties” for additional information.
	-4	In December 2013, the Company entered into a collateralized bridge loan agreement with a third-party lender in the amount of $115.0 million of which approximately $101.3 million was disbursed to the Company as of December 31, 2013. At maturity, the Company is require to pay the outstanding principal balance and all accrued and unpaid interest thereon. The Company has an option to extend the bridge loan for six months, provided certain terms and conditions are satisfied. In connection with obtaining the bridge loan, the Company recorded approximately $3.6 million in loan costs.
	-5	Converted from Canadian dollars to U.S. dollars at the exchange rate in place as of the end of the year.
Schedule of Future Principal Payments and Maturities for Indebtedness	'
	The following is a schedule of future principal payments and maturities for all indebtedness (in thousands):
	2014		$	173,854
	2015			107,393
	2016			198,568
	2017			165,188
	2018			110,048
	Thereafter			451,865
	Total		$	1,206,916

Derivative_Instruments_and_Hed1

Derivative Instruments and Hedging Activities (Tables)	12 Months Ended
	Dec. 31, 2013
Summary of Terms and Fair Values of Derivative Financial Instruments	'
	The following table summarizes the terms and fair values of the Company’s derivative financial instruments (in thousands):
	Notional			Strike (1)			Credit			Trade			Maturity			Fair Value Liability
	Amount						Spread (1)			Date			Date			December 31,
																2013			2012
	$	61,042			1.9	%		1.3	%		12/6/10			1/2/16		$	(1,748	)	$	(2,423	)
	$	8,746			3.6	%		3.3	%		9/28/09			9/1/19		$	(743	)	$	(1,238	)
	$	16,603	(2)		2.7	% (2)		3.8	%		12/1/09			12/1/14		$	(233	)	$	(460	)
	$	15,450			2.2	%		4.5	%		1/13/11			12/31/15		$	(524	)	$	(761	)
	$	24,811			1.3	%		3	%		8/30/11			8/28/16		$	(446	)	$	(716	)
Summary of Terms and Fair Values of Derivative Financial Instruments	'
	The following table summarizes the gross and net amounts of the Company’s derivative financial instruments (in thousands):
				As of December 31, 2013									Gross Amounts Not Offset
													in the Balance Sheets
	Notional			Gross			Gross			Net Amounts			Financial			Cash			Net
	Amount of			Amounts of			Amounts			of Liabilities			Instruments			Collateral			Amount
	Cash Flow			Recognized			Offset in the			Presented in the
	Hedges			Liabilities			Balance Sheets			Balance Sheets
	$	61,042		$	(1,748	)	$	—		$	(1,748	)	$	(1,748	)	$	—		$	(1,748	)
	$	8,746		$	(743	)	$	—		$	(743	)	$	(743	)	$	—		$	(743	)
	$	16,603	(2)	$	(233	)	$	—		$	(233	)	$	(233	)	$	—		$	(233	)
	$	15,450		$	(524	)	$	—		$	(524	)	$	(524	)	$	—		$	(524	)
	$	24,811		$	(446	)	$	—		$	(446	)	$	(446	)	$	—		$	(446	)
				As of December 31, 2012									Gross Amounts Not Offset
													in the Balance Sheets
	Notional			Gross			Gross			Net Amounts			Financial			Cash			Net
	Amount of			Amounts of			Amounts			of Liabilities			Instruments			Collateral			Amount
	Cash Flow			Recognized			Offset in the			Presented in the
	Hedges			Liabilities			Balance Sheets			Balance Sheets
	$	62,856		$	(2,423	)	$	—		$	(2,423	)	$	(2,423	)	$	—		$	(2,423	)
	$	9,070		$	(1,238	)	$	—		$	(1,238	)	$	(1,238	)	$	—		$	(1,238	)
	$	18,434	(2)	$	(460	)	$	—		$	(460	)	$	(460	)	$	—		$	(460	)
	$	16,350		$	(761	)	$	—		$	(761	)	$	(761	)	$	—		$	(761	)
	$	25,000		$	(716	)	$	—		$	(716	)	$	(716	)	$	—		$	(716	)
	FOOTNOTES:
	-1	The strike rate does not include the credit spread on each of the notional amounts.
	-2	The Company swapped the interest rate on its $20.0 million loan denominated in Canadian dollars to a fixed interest rate of 6.4%. The notional amount has been converted from Canadian dollars to U.S. dollars at an exchange rate of 0.94 and 1.00 Canadian dollars for $1.00 U.S. dollar on December 31, 2013 and 2012, respectively.

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2013
Fair Value of Financial Assets and Liabilities Carried at Fair Value	'
	The following tables show the fair value of the Company’s financial assets and liabilities carried at fair value as of December 31, 2013 and 2012, as follows (in thousands):
		Fair Value		Level 1		Level 2		Level 3
		Measurement as
		of December 31,
		2013
	Assets:
	Assets held for sale carried at fair value	$	90,794	$	—	$	—	$	90,794
	Liabilities:
	Derivative instruments	$	3,694	$	—	$	3,694	$	—
		Fair Value		Level 1		Level 2		Level 3
		Measurement as
		of December 31,
		2012
	Assets:
	Assets held for sale carried at fair value	$	5,743	$	—	$	—	$	5,743
	Liabilities:
	Derivative instruments	$	5,598	$	—	$	5,598	$	—

Income_Taxes_Tables

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2013
Components of Deferred Taxes	'
	The components of the deferred taxes recognized in the accompanying consolidated balance sheets at December 31, 2013 and 2012 are as follows (in thousands):
		Year Ended December 31,
		2013			2012
	Net operating losses	$	101,277		$	94,096
	Book/tax differences in deferred income		2,834			2,101
	Book/tax differences in acquired assets		(53,412	)		(47,739	)
	Total deferred tax asset		50,699			48,458
	Valuation allowance		(50,699	)		(48,458	)
		$	—		$	—
Estimated Net Operating Loss Carry-Forwards	'
	The estimated net operating loss carry-forwards will expire as follows (in thousands):
	Expiration Year	Net
		Operating
		Loss
	2025	$	1,600
	2026	$	5,600
	2027	$	26,700
	2028	$	44,900
	2029	$	48,000
	2030	$	39,700
	2031	$	32,100
	2032	$	34,600
	2033	$	16,800

Related_Party_Arrangements_Tab

Related Party Arrangements (Tables)	12 Months Ended
	Dec. 31, 2013
Earned Acquisition Fees and Incurred Reimbursable Expenses	'
	For the years ended December 31, 2013, 2012 and 2011, the Advisor and former advisor collectively earned fees and incurred reimbursable expenses as follows (in thousands):
			Year Ended December 31,
			2013		2012		2011
	Acquisition fees:
	Acquisition fees from offering proceeds (1)		$	1,286	$	1,785	$	7,244
	Acquisition fees from debt proceeds (2)			3,273		5,235		22,009
	Total			4,559		7,020		29,253
	Asset management fees (3)			34,683		35,725		31,802
	Reimbursable expenses: (4)
	Offering costs (5)			—		—		1,251
	Acquisition costs (6)			252		409		378
	Operating expenses (7)			7,246		8,002		11,419
	Total			7,498		8,411		13,048
	Total fees earned and reimbursable expenses		$	46,740	$	51,156	$	74,103
	FOOTNOTES:
	-1	Acquisition fees are paid for services in connection with the selection, purchase, development or construction of real property. The fees are generally equal to 3.0% of gross offering proceeds from the sale of the Company’s common stock including proceeds from shares sold under its distribution reinvestment plan (“DRP”). These amounts are recorded as acquisition fees and costs in the accompanying consolidated statements of operations.
	-2	Acquisition fees from debt proceeds are paid for services in connection with the incurrence of indebtedness, including the Company’s pro-rata share of joint venture indebtedness. The fees are generally equal to 3.0% of loan proceeds. These amounts are recorded as loan costs and are included as part of other assets in the accompanying consolidated balance sheets.
	-3	Asset management fees are equal to 0.08334% per month of the Company’s real estate asset value, which is generally the amount actually paid or allocated to the purchase, development, construction or improvement of a property, and the outstanding principal amount of any mortgage note receivable as of the end of the preceding month. These amounts are recorded as asset management fees to advisor in the accompanying consolidated statements of operations.
	-4	The Advisor and its affiliates are entitled to reimbursement of certain expenses incurred on behalf of the Company in connection with the Company’s organization, offering, acquisitions, and operating activities. Pursuant to the advisory agreement, the Company will not reimburse the Advisor for any amount by which total operating expenses paid or incurred by the Company exceed the greater of 2.0% of average invested assets or 25.0% of net income (the “Expense Cap”) in any expense year, as defined in the advisory agreement. For the expense years ended December 31, 2013, 2012 and 2011, operating expenses did not exceed the Expense Cap. Amount representing offering costs are recorded as part of stock issuance and offering costs in the accompanying consolidated statements of stockholders’ equity. Amounts representing acquisition costs are recorded as part of acquisition fees and costs in the accompanying consolidated statements of operations. Amounts representing operating expenses are recorded as part of general and administrative expenses in the accompanying consolidated statements of operations.
	-5	Includes approximately $0.1 million for reimbursable offering costs to the Advisor for services provided to the Company for its executive officers during the year ended December 31, 2011. The reimbursable expenses include components of salaries, benefits and other overhead charges. No such reimbursable costs were incurred during the years ended December 31, 2013 and 2012.
	-6	Includes approximately $0.1 million for reimbursable expenses to the Advisor for services provided to the Company for its executive officers during each of the years ended December 31, 2013 and 2012. The reimbursable expenses include components of salaries, benefits and other overhead charges. No such reimbursable expenses were incurred during the year ended December 31, 2011.
	-7	Includes approximately $0.6 million, $0.5 million and $0.8 million for reimbursable expenses to the Advisor for services provided to the Company for its executive officers during the years ended December 31, 2013, 2012 and 2011, respectively. The reimbursable expenses include components of salaries, benefits and other overhead charges.
Amounts Due to Affiliates for Fees and Expense	'
	Amounts due to affiliates for fees and expenses described above are as follows (in thousands):
			As of December 31,
			2013		2012
	Due to the Advisor and its affiliates:
	Asset management fees		$	—	$	14
	Operating expenses			671		509
	Acquisition fees and expenses			354		463
	Total		$	1,025	$	986

Stockholders_Equity_Tables

Stockholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2013
Schedule of Redemption Requests	'
	The following details the Company’s redemptions for the years ended December 31, 2013 and 2012 (in thousands except per share data).
			First			Second			Third			Fourth			Full Year
	2013 Quarters
	Requests in queue			9,726			9,962			10,109			10,312			9,726
	Redemptions requested			716			825			685			696			2,922
	Shares redeemed:
	Prior period requests			(213	)		(70	)		(77	)		(190	)		(550	)
	Current period requests			(192	)		(351	)		(329	)		(223	)		(1,095	)
	Adjustments (1)			(75	)		(257	)		(76	)		(48	)		(456	)
	Pending redemption requests (2)			9,962			10,109			10,312			10,547			10,547
	Average price paid per share		$	7.31		$	7.3		$	7.29		$	7.26		$	7.29
			First			Second			Third			Fourth			Full Year
	2012 Quarters
	Requests in queue			6,419			7,763			8,512			8,856			6,419
	Redemptions requested			1,574			1,010			1,064			1,535			5,183
	Shares redeemed:
	Prior period requests			(4	)		(177	)		(245	)		(98	)		(524	)
	Current period requests			(172	)		—			(158	)		(319	)		(649	)
	Adjustments (1)			(54	)		(84	)		(317	)		(248	)		(703	)
	Pending redemption requests (2)			7,763			8,512			8,856			9,726			9,726
	Average price paid per share		$	9.92		$	9.92		$	7.31		$	7.3		$	8.06
	FOOTNOTES:
	-1	This amount represents redemption request cancellations and other adjustments.
	-2	Requests that are not fulfilled in whole during a particular quarter will be redeemed on a pro rata basis to the extent funds are made available pursuant to the redemption plan.

Commitments_and_Contingencies_

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2013
Schedule of Future Obligations under Ground Leases and Land Permits	'
	The following is a schedule of future obligations under ground leases and land permits (in thousands):
	2014	$	15,677
	2015		15,677
	2016		15,527
	2017		15,504
	2018		15,504
	Thereafter		224,815
	Total	$	302,704

Selected_Quarterly_Financial_D1

Selected Quarterly Financial Data (Tables)	12 Months Ended
	Dec. 31, 2013
Quarterly Financial Data	'
			First			Second			Third (2)			Fourth			Full Year
	2013 Quarters
	Total revenues		$	104,523		$	131,107		$	176,024		$	101,147		$	512,801
	Operating income (loss)			(4,073	)		(45,123	)		36,713			(217,360	)		(229,843	)
	Equity in earnings (loss) of unconsolidated entities			(1,123	)		6,159			4,147			2,518			11,701
	Income (loss) from continuing operations			(22,647	)		(56,897	)		81,680			(232,666	)		(230,530	)
	Discontinued operations (1)			(653	)		1,693			(3,387	)		(19,662	)		(22,009	)
	Net income (loss)			(23,299	)		(55,204	)		78,293			(252,329	)		(252,539	)
	Weighted average number of shares outstanding (basic and diluted)			316,382			317,959			319,507			321,063			318,742
	Earnings (loss) per share of common stock (basic and diluted)		$	(0.07	)	$	(0.17	)	$	0.24		$	(0.79	)	$	(0.79	)
			First			Second			Third			Fourth (2)			Full Year
	2012 Quarters
	Total revenues		$	87,226		$	117,849		$	173,041		$	94,426		$	472,542
	Operating income (loss)			(9,236	)		(6,046	)		39,633			(37,398	)		(13,047	)
	Equity in earnings (loss) of unconsolidated entities			1,231			2,277			2,266			(253	)		5,521
	Income (loss) from continuing operations			(23,797	)		(20,014	)		24,193			(53,539	)		(73,157	)
	Discontinued operations (1)			(946	)		71			(579	)		(1,462	)		(2,916	)
	Net income (loss)			(24,743	)		(19,942	)		23,613			(55,001	)		(76,073	)
	Weighted average number of shares outstanding (basic and diluted)			309,235			311,860			313,250			314,858			312,309
	Earnings (loss) per share of common stock (basic and diluted)		$	(0.08	)	$	(0.06	)	$	0.08		$	(0.18	)	$	(0.24	)
	FOOTNOTES:
	-1	The Company classified certain properties as assets held for sale and reclassified the results related to those properties to discontinued operations for all periods presented.
	-2	Includes impact from out of period adjustments as described in “Footnote 2 – Significant Accounting Policies”.

Supplemental_Consolidating_Fin1

Supplemental Consolidating Financial Statements (Tables)	12 Months Ended
	Dec. 31, 2013
Impact of Revisions of Presentation of Changes in Other Comprehensive Income (Loss)	'
	The impact of these revisions (which had a net zero impact to the Consolidated column) are to increase (decrease) comprehensive income (loss) for the Issuer column and to reflect an off-setting (increase) decrease of the comprehensive income (loss) in the Consolidating Adjustments column as follows (in thousands):
	For the Years Ended:
	December 31, 2012, as reported	$	(76,073	)
	December 31, 2012, as revised	$	(74,282	)
	December 31, 2011, as reported	$	(69,610	)
	December 31, 2011, as revised	$	(73,425	)
Consolidating Balance Sheet	'
	CONSOLIDATING BALANCE SHEET
	As of December 31, 2013
		Issuer			Guarantor			Non-Guarantor			Consolidating			Consolidated
					Subsidiaries			Subsidiaries			Adjustments
	ASSETS
	Real estate investment properties, net	$	—		$	846,914		$	1,222,059		$	—		$	2,068,973
	Investments in unconsolidated entities		—			132,324			—			—			132,324
	Investments in subsidiaries		1,726,328			1,150,443			1,865,714			(4,742,485	)		—
	Mortgages and other notes receivable, net		—			45,947			114,469			(42,453	)		117,963
	Assets held for sale, net		—			6,106			84,688			—			90,794
	Cash		37,668			15,671			18,235			—			71,574
	Deferred rent and lease incentives		—			29,839			27,539			—			57,378
	Other assets		11,355			15,829			25,126			—			52,310
	Restricted cash		33			26,595			24,707			—			51,335
	Intangibles, net		—			18,094			18,828			—			36,922
	Accounts and other receivables, net		—			12,241			8,839			—			21,080
	Total Assets	$	1,775,384		$	2,300,003		$	3,410,204		$	(4,784,938	)	$	2,700,653
	LIABILITIES AND STOCKHOLDERS’ EQUITY
	Mortgages and other notes payable	$	—		$	246,295		$	555,433		$	(41,536	)	$	760,192
	Senior notes, net of discount		394,419			—			—			—			394,419
	Other liabilities		—			33,447			43,369			—			76,816
	Line of credit		—			50,000			—			—			50,000
	Accounts payable and accrued expenses		11,584			13,526			25,630			(917	)		49,823
	Due to affiliates		1,003			8			14			—			1,025
	Total Liabilities		407,006			343,276			624,446			(42,453	)		1,332,275
	Commitments and contingencies
	Stockholders’ equity:
	Preferred stock, $.01 par value per share		—			—			—			—			—
	Excess shares, $.01 par value per share		—			—			—			—			—
	Common stock, $.01 par value per share		3,226			—			—			—			3,226
	Capital in excess of par value		2,846,265			6,027,607			8,700,131			(14,727,738	)		2,846,265
	Accumulated earnings (deficit)		(401,985	)		58,777			9,853			(68,630	)		(401,985	)
	Accumulated distributions		(1,073,422	)		(4,129,657	)		(5,918,520	)		10,048,177			(1,073,422	)
	Accumulated other comprehensive loss		(5,706	)		—			(5,706	)		5,706			(5,706	)
			1,368,378			1,956,727			2,785,758			(4,742,485	)		1,368,378
	Total Liabilities and Stockholders’ Equity	$	1,775,384		$	2,300,003		$	3,410,204		$	(4,784,938	)	$	2,700,653
	CONSOLIDATING BALANCE SHEET
	As of December 31, 2012
		Issuer			Guarantor			Non-Guarantor			Consolidating			Consolidated
					Subsidiaries			Subsidiaries			Adjustments
	ASSETS
	Real estate investment properties, net	$	—		$	1,066,297		$	1,110,060		$	—		$	2,176,357
	Investments in unconsolidated entities		—			287,339			—			—			287,339
	Investments in subsidiaries		2,061,102			1,208,475			2,684,880			(5,954,457	)		—
	Mortgages and other notes receivable, net		—			38,987			121,190			(35,447	)		124,730
	Assets held for sale, net		—			5,743			—			—			5,743
	Cash		39,219			14,125			19,880			—			73,224
	Deferred rent and lease incentives		—			86,752			22,755			—			109,507
	Other assets		13,967			16,057			33,631			—			63,655
	Restricted cash		46			20,009			20,261			—			40,316
	Intangibles, net		—			16,481			18,976			—			35,457
	Accounts and other receivables, net		—			11,939			9,761			—			21,700
	Total Assets	$	2,114,334		$	2,772,204		$	4,041,394		$	(5,989,904	)	$	2,938,028
	LIABILITIES AND STOCKHOLDERS’ EQUITY
	Mortgages and other notes payable	$	—		$	255,942		$	426,127		$	(33,067	)	$	649,002
	Senior notes, net of discount		394,100			—			—			—			394,100
	Other liabilities		—			23,533			23,912			—			47,445
	Line of credit		—			95,000			—			—			95,000
	Accounts payable and accrued expenses		7,857			12,306			22,281			(2,380	)		40,064
	Due to affiliates		946			3			37			—			986
	Total Liabilities		402,903			386,784			472,357			(35,447	)		1,226,597
	Commitments and contingencies
	Stockholders’ equity:
Preferred stock, $.01 par value per share		—			—			—			—			—
Excess shares, $.01 par value per share		—			—			—			—			—
Common stock, $.01 par value per share		3,164			—			—			—			3,164
Capital in excess of par value		2,803,346			5,389,388			7,846,451			(13,235,839	)		2,803,346
Accumulated earnings (deficit)		(149,446	)		313,032			338,888			(651,920	)		(149,446	)
Accumulated distributions		(937,972	)		(3,317,000	)		(4,608,641	)		7,925,641			(937,972	)
Accumulated other comprehensive loss		(7,661	)		—			(7,661	)		7,661			(7,661	)
		1,711,431			2,385,420			3,569,037			(5,954,457	)		1,711,431
Total Liabilities and Stockholders’ Equity	$	2,114,334		$	2,772,204		$	4,041,394		$	(5,989,904	)	$	2,938,028
Consolidating Statement of Operations	'
	CONSOLIDATING STATEMENT OF OPERATIONS
	For the year ended December 31, 2013
		Issuer			Guarantor			Non-Guarantor			Consolidating			Consolidated
					Subsidiaries			Subsidiaries			Adjustments
	Revenues:
	Rental income from operating leases	$	—		$	90,826		$	72,416		$	—		$	163,242
	Property operating revenues		—			94,500			241,939			—			336,439
	Interest income on mortgages and other notes receivable		—			4,497			12,826			(4,203	)		13,120
	Total revenues		—			189,823			327,181			(4,203	)		512,801
	Expenses:
	Property operating expenses		—			76,166			185,896			—			262,062
	Asset management fees to advisor		34,683			—			—			—			34,683
	General and administrative		15,359			2,010			1,222			—			18,591
	Ground lease and permit fees		—			10,162			5,194			—			15,356
	Acquisition fees and costs		3,141			—			—			—			3,141
	Other operating expenses		947			2,216			3,628			—			6,791
	Bad debt expense		—			3,186			3,145			—			6,331
	Impairment provision		—			238,646			9,622			—			248,268
	(Gain) loss on lease terminations		—			(3,938	)		1,233			—			(2,705	)
	Loan loss provision		—			—			3,104			—			3,104
	Depreciation and amortization		—			66,096			80,926			—			147,022
	Total expenses		54,130			394,544			293,970			—			742,644
	Operating income (loss)		(54,130	)		(204,721	)		33,211			(4,203	)		(229,843	)
	Other income (expense):
	Interest and other income		211			2,523			(2,407	)		—			327
	Interest expense and loan cost amortization		(31,727	)		(20,151	)		(23,087	)		4,203			(70,762	)
	Bargain purchase gain		—			—			2,653			—			2,653
	Gain from sale of unconsolidated entities		—			55,394			—			—			55,394
	Equity in earnings of unconsolidated entities		—			11,701			—			—			11,701
	Equity in earnings, intercompany		(166,893	)		(100,275	)		(316,122	)		583,290			—
	Total other income (expense)		(198,409	)		(50,808	)		(338,963	)		587,493			(687	)
	Income (loss) from continuing operations		(252,539	)		(255,529	)		(305,752	)		583,290			(230,530	)
	Income (loss) from discontinued operations (includes $1,655 amortization of loss on termination of cash flow hedges relating to a non-guarantor subsidiary)		—			1,271			(23,280	)		—			(22,009	)
	Net income (loss)	$	(252,539	)	$	(254,258	)	$	(329,032	)	$	583,290		$	(252,539	)
	CONSOLIDATING STATEMENT OF OPERATIONS
	For the year ended December 31, 2012
		Issuer			Guarantor			Non-Guarantor			Consolidating			Consolidated
					Subsidiaries			Subsidiaries			Adjustments
	Revenues:
	Rental income from operating leases	$	—		$	94,093		$	65,589		$	—		$	159,682
	Property operating revenues		—			82,198			217,665			—			299,863
	Interest income on mortgages and other notes receivable		—			10,031			12,699			(9,733	)		12,997
	Total revenues		—			186,322			295,953			(9,733	)		472,542
	Expenses:
	Property operating expenses		—			69,797			169,181			—			238,978
	Asset management fees to advisor		35,725			—			—			—			35,725
	General and administrative		15,672			608			2,388			—			18,668
	Ground lease and permit fees		—			9,559			4,923			—			14,482
	Acquisition fees and costs		4,450			—			—			—			4,450
	Other operating expenses		424			4,945			3,315			—			8,684
	Bad debt expense		—			3,099			2,411			—			5,510
	Impairment provision		—			10			—			—			10
	Loss on lease termination		—			18,050			7,127			—			25,177
	Loan loss provision		—			—			1,699			—			1,699
	Depreciation and amortization		—			61,904			70,302			—			132,206
	Total expenses		56,271			167,972			261,346			—			485,589
	Operating income (loss)		(56,271	)		18,350			34,607			(9,733	)		(13,047	)
	Other income (expense):
	Interest and other income (expense)		104			1,228			(134	)		—			1,198
	Interest expense and loan cost amortization		(31,607	)		(19,448	)		(25,503	)		9,733			(66,825	)
	Loss on extinguishment of debt		—			—			(4	)		—			(4	)
	Equity in earnings of unconsolidated entities		—			5,521			—			—			5,521
	Equity in earnings, intercompany		11,701			15,804			20,546			(48,051	)		—
Total other income (expense)		(19,802	)		3,105			(5,095	)		(38,318	)		(60,110	)
Income (loss) from continuing operations		(76,073	)		21,455			29,512			(48,051	)		(73,157	)
Loss from discontinued operations (includes $1,655 amortization of loss on termination of cash flow hedges relating to a non-guarantor subsidiary)		—			(1,061	)		(1,855	)		—			(2,916	)
Net income (loss)	$	(76,073	)	$	20,394		$	27,657		$	(48,051	)	$	(76,073	)
CONSOLIDATING STATEMENT OF OPERATIONS
For the year ended December 31, 2011
	Issuer			Guarantor			Non-Guarantor			Consolidating			Consolidated
				Subsidiaries			Subsidiaries			Adjustments
Revenues:
Rental income from operating leases	$	—		$	103,428		$	61,162		$	—		$	164,590
Property operating revenues		—			66,941			165,251			—			232,192
Interest income on mortgages and other notes receivable		—			9,264			12,512			(8,813	)		12,963
Total revenues		—			179,633			238,925			(8,813	)		409,745
Expenses:
Property operating expenses		—			59,574			134,142			—			193,716
Asset management fees to advisor		31,802			—			—			—			31,802
General and administrative		14,524			87			1,540			—			16,151
Ground lease and permit fees		—			10,177			4,398			—			14,575
Acquisition fees and costs		11,168			—			—			—			11,168
Other operating expenses		289			2,149			4,113			—			6,551
Bad debt expense		—			469			304			—			773
Loan loss provision		—			3,199			—			—			3,199
Loss (recovery) on lease termination		—			7,714			(521	)		—			7,193
Depreciation and amortization		—			61,019			58,196			—			119,215
Total expenses		57,783			144,388			202,172			—			404,343
Operating income (loss)		(57,783	)		35,245			36,753			(8,813	)		5,402
Other income (expense):
Interest and other income (expense)		322			(337	)		(201	)		—			(216	)
Interest expense and loan cost amortization		(23,635	)		(19,082	)		(24,565	)		8,813			(58,469	)
Gain (loss) on extinguishment of debt		647			—			(874	)		—			(227	)
Equity in earnings of unconsolidated entities		—			1,022			—			—			1,022
Equity in earnings, intercompany		10,839			6,494			330			(17,663	)		—
Total other expense		(11,827	)		(11,903	)		(25,310	)		(8,850	)		(57,890	)
Income (loss) from continuing operations		(69,610	)		23,342			11,443			(17,663	)		(52,488	)
Loss from discontinued operations (includes $1,626 amortization of loss on termination of cash flow hedges relating to a non-guarantor subsidiary)		—			(15,214	)		(1,908	)		—			(17,122	)
Net income (loss)	$	(69,610	)	$	8,128		$	9,535		$	(17,663	)	$	(69,610	)
Consolidating Statement of Comprehensive Income	'
	Consolidating Statement of Comprehensive Income (Loss):
		For the Year Ended December 31, 2013
		Issuer			Guarantor			Non-Guarantor			Consolidating			Consolidated
					Subsidiaries			Subsidiaries			Adjustments
	Net income (loss)	$	(252,539	)	$	(254,258	)	$	(329,032	)	$	583,290		$	(252,539	)
	Other comprehensive income (loss):
	Foreign currency translation adjustments		(1,563	)		—			(1,563	)		1,563			(1,563	)
	Changes in fair value of cash flow hedges:
	Amortization of loss on termination of cash flow hedges		1,655			—			1,655			(1,655	)		1,655
	Unrealized loss arising during the period		1,863			—			1,863			(1,863	)		1,863
	Total other comprehensive income		1,955			—			1,955			(1,955	)		1,955
	Comprehensive income (loss)	$	(250,584	)	$	(254,258	)	$	(327,077	)	$	581,335		$	(250,584	)
		For the Year Ended December 31, 2012
		Issuer			Guarantor			Non-Guarantor			Consolidating			Consolidated
					Subsidiaries			Subsidiaries			Adjustments
	Net income (loss)	$	(76,073	)	$	20,394		$	27,657		$	(48,051	)	$	(76,073	)
	Other comprehensive income (loss):
	Foreign currency translation adjustments		531			—			531			(531	)		531
	Changes in fair value of cash flow hedges:
	Amortization of loss on termination of cash flow hedges		1,655			—			1,655			(1,655	)		1,655
	Unrealized loss arising during the period		(395	)		—			(395	)		395			(395	)
	Total other comprehensive income		1,791			—			1,791			(1,791	)		1,791
	Comprehensive income (loss)	$	(74,282	)	$	20,394		$	29,448		$	(49,842	)	$	(74,282	)
		For the Year Ended December 31, 2011
		Issuer			Guarantor			Non-Guarantor			Consolidating			Consolidated
					Subsidiaries			Subsidiaries			Adjustments
	Net income (loss)	$	(69,610	)	$	8,128		$	9,535		$	(17,663	)	$	(69,610	)
	Other comprehensive income (loss):
	Foreign currency translation adjustments		(585	)		—			(585	)		585			(585	)
	Changes in fair value of cash flow hedges:
	Amortization of loss on termination of cash flow hedges		1,626			—			1,626			(1,626	)		1,626
	Unrealized loss arising during the period		(4,856	)		—			(4,856	)		4,856			(4,856	)
	Total other comprehensive loss		(3,815	)		—			(3,815	)		3,815			(3,815	)
	Comprehensive income (loss)	$	(73,425	)	$	8,128		$	5,720		$	(13,848	)	$	(73,425	)
Consolidating Statement of Cash Flows	'
	CONSOLIDATING STATEMENT OF CASH FLOWS
	For the year ended December 31, 2013
		Issuer			Guarantor			Non-Guarantor			Consolidating			Consolidated
					Subsidiaries			Subsidiaries			Adjustments
	Operating activities:
	Net cash provided by (used in) operating activities	$	(78,930	)	$	108,523		$	105,887		$	—		$	135,480
	Investing activities:
	Acquisition of properties		—			—			(244,859	)		—			(244,859	)
	Capital expenditures		—			(27,462	)		(42,694	)		—			(70,156	)
	Proceeds from sale unconsolidated entities		—			195,446			—			—			195,446
	Proceeds from release of collateral on loan payable		—			—			11,167			—			11,167
	Issuance of mortgage loans receivable		—			—			(83	)		—			(83	)
	Principal payments received on mortgage loans receivable		—			(83	)		4,365			—			4,282
	Proceeds from sale of properties		—			12,726			(325	)		—			12,401
	Changes in restricted cash		13			(6,196	)		(4,174	)		—			(10,357	)
	Other		—			23			(794	)		—			(771	)
	Intercompany financing		169,835			—			—			(169,835	)		—
	Net cash provided by (used in) investing activities		169,848			174,454			(277,397	)		(169,835	)		(102,930	)
	Financing activities:
	Redemptions of common stock		(11,955	)		—			—			—			(11,955	)
	Distributions to stockholders, net of reinvestments		(80,514	)		—			—			—			(80,514	)
	Proceeds from line of credit		—			100,000			—			—			100,000
	Proceeds from mortgage loans and other notes payable		—			—			131,298			—			131,298
	Principal payments on line of credit		—			(145,000	)		—			—			(145,000	)
	Principal payments on mortgage loans		—			(8,263	)		(10,537	)		—			(18,800	)
	Principal payments on capital leases		—			(2,372	)		(1,780	)		—			(4,152	)
	Payment of loan costs		—			(307	)		(4,710	)		—			(5,017	)
	Intercompany financing		—			(225,489	)		55,654			169,835			—
	Net cash provided by (used in) financing activities		(92,469	)		(281,431	)		169,925			169,835			(34,140	)
	Effect of exchange rate fluctuation on cash		—			—			(60	)		—			(60	)
	Net increase (decrease) in cash		(1,551	)		1,546			(1,645	)		—			(1,650	)
	Cash at beginning of period		39,219			14,125			19,880			—			73,224
	Cash at end of period	$	37,668		$	15,671		$	18,235		$	—		$	71,574
	CONSOLIDATING STATEMENT OF CASH FLOWS
	For the year ended December 31, 2012
		Issuer			Guarantor			Non-Guarantor			Consolidating			Consolidated
					Subsidiaries			Subsidiaries			Adjustments
								(as revised see
								Note 2)
	Operating activities:
	Net cash provided by (used in) operating activities	$	(84,363	)	$	90,996		$	81,260		$	—		$	87,893
	Investing activities:
	Acquisition of properties		—			—			(190,150	)		—			(190,150	)
	Capital expenditures		—			(25,427	)		(44,248	)		—			(69,675	)
	Investments in and contributions to unconsolidated entities		—			(3,776	)		—			—			(3,776	)
	Distributions from unconsolidated entities		—			3,445			—			—			3,445
	Payment of collateral on loan payable								(11,167	)		—			(11,167	)
	Issuance of mortgage loans receivable		—			—			(869	)		—			(869	)
	Principal payments received on mortgage loans receivable		—			—			4,790			—			4,790
	Proceeds from sale of properties		—			1,500			—			—			1,500
	Other		—			63			7			—			70
	Changes in restricted cash		46			(2,892	)		(2,786	)		—			(5,632	)
	Intercompany financing		93,222			—			—			(93,222	)		—
	Net cash provided by (used in) investing activities		93,268			(27,087	)		(244,423	)		(93,222	)		(271,464	)
	Financing activities:
	Redemptions of common stock		(9,590	)		—			—			—			(9,590	)
	Distributions to stockholders, net of distribution reinvestments		(94,677	)		—			—			—			(94,677	)
	Proceeds under line of credit		—			170,000			—			—			170,000
	Proceeds from mortgage loans and other notes payable		—			45,000			107,300			—			152,300
	Principal payments on line of credit		—			(75,000	)		—			—			(75,000	)
	Principal payments on mortgage loans		—			(7,830	)		(26,836	)		—			(34,666	)
	Principal payments on capital leases		—			(1,483	)		(2,624	)		—			(4,107	)
	Payment of loan costs		(27	)		(4,341	)		(5,937	)		—			(10,305	)
Intercompany financing		—			(187,398	)		94,176			93,222			—
Net cash provided by (used in) financing activities		(104,294	)		(61,052	)		166,079			93,222			93,955
Effect of exchange rate fluctuation on cash		—			—			1			—			1
Net increase (decrease) in cash		(95,389	)		2,857			2,917			—			(89,615	)
Cash at beginning of period		134,608			11,268			16,963			—			162,839
Cash at end of period	$	39,219		$	14,125		$	19,880		$	—		$	73,224
CONSOLIDATING STATEMENT OF CASH FLOWS
For the year ended December 31, 2011
	Issuer			Guarantor			Non-Guarantor			Consolidating			Consolidated
				Subsidiaries			Subsidiaries			Adjustments
Operating activities:
Net cash provided by (used in) operating activities	$	(78,842	)	$	85,894		$	76,012		$	—		$	83,064
Investing activities:
Acquisition of properties		—			—			(149,692	)		—			(149,692	)
Capital expenditures		—			(20,202	)		(22,143	)		—			(42,345	)
Investments in and contributions to unconsolidated entities		—			(191,397	)		—			—			(191,397	)
Distribution from unconsolidated entities		—			11,624			—			—			11,624
Issuance of mortgage loans receivable		—			—			(5,760	)		—			(5,760	)
Principal payments received on mortgage loans receivable		—			7,528			1,945			—			9,473
Proceeds from sale of properties		—			8,450			—			—			8,450
Other		—			100			(55	)		—			45
Changes in restricted cash		(92	)		(3,561	)		(9,753	)		—			(13,406	)
Intercompany financing		(384,226	)		—			—			384,226			—
Net cash provided by (used in) investing activities		(384,318	)		(187,458	)		(185,458	)		384,226			(373,008	)
Financing activities:
Offering proceeds		187,555			—			—			—			187,555
Redemptions of common stock		(30,000	)		—			—			—			(30,000	)
Distributions to stockholders, net of reinvestments		(104,951	)		—			—			—			(104,951	)
Stock issuance costs		(21,213	)		—			—			—			(21,213	)
Proceeds from mortgage loans and other notes payable		—			20,411			96,129			—			116,540
Proceeds from unsecured senior notes		396,996			—			—			—			396,996
Principal payments on line of credit		—			(58,000	)		—			—			(58,000	)
Principal payments on mortgage loans		(2,777	)		(145,623	)		(56,400	)		—			(204,800	)
Principal payments on capital leases		—			(2,065	)		(1,902	)		—			(3,967	)
Payment of loan costs		(19,252	)		(2,314	)		(4,096	)		—			(25,662	)
Intercompany financing		—			297,952			86,274			(384,226	)		—
Net cash provided by (used in) financing activities		406,358			110,361			120,005			(384,226	)		252,498
Effect of exchange rate fluctuation on cash		—			—			(232	)		—			(232	)
Net increase (decrease) in cash		(56,802	)		8,797			10,327			—			(37,678	)
Cash at beginning of period		191,410			2,471			6,636			—			200,517
Cash at end of period	$	134,608		$	11,268		$	16,963		$	—		$	162,839

Organization_and_Nature_of_Bus1

Organization and Nature of Business - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2013
Organization And Nature Of Business [Line Items]	'
Number of real estate properties	144
Unconsolidated Joint Ventures	'
Organization And Nature Of Business [Line Items]	'
Number of real estate properties	8
Canada	'
Organization And Nature Of Business [Line Items]	'
Number of real estate properties	3
Minimum	'
Organization And Nature Of Business [Line Items]	'
Long-term lease	'5 years
Maximum	'
Organization And Nature Of Business [Line Items]	'
Long-term lease	'20 years

Significant_Accounting_Policie3

Significant Accounting Policies - Additional Information (Detail) (USD $)	3 Months Ended	12 Months Ended			1 Months Ended	3 Months Ended		12 Months Ended		3 Months Ended
	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Jul. 31, 2013	Sep. 30, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2013	Sep. 30, 2012
		Property	Property	Property	Joint Venture Agreement	Joint Venture Agreement	Lease Termination Costs	Minimum	Building and Building Improvements	Error in Presentation of Deposit Escrowed
		Segment			Property				Maximum
Accounting Policies [Line Items]	'	'	'	'	'	'	'	'	'	'
Depreciation period for property	'	'	'	'	'	'	'	'	'39 years	'
Accumulated amortization of long-term debt financing costs	$15,500,000	$22,900,000	$15,500,000	'	'	'	'	'	'	'
Percentage of taxable income and capital gains required to be distributed not to be subjected to federal corporate income taxes	'	'	'	'	'	'	'	100.00%	'	'
Quantifying misstatement in Current year financial statements, amount	'	'	'	'	'	'	1,600,000	'	'	11,200,000
Amount of understatement in the prior period consolidated financial statements of other operating expenses expenses	2,200,000	6,791,000	8,684,000	6,551,000	'	'	'	'	'	'
Out of period adjustments to increase net loss	-3,800,000	'	'	'	'	'	'	'	'	'
Number of properties sold	'	4	3	4	42	'	'	'	'	'
Aggregate proceed from sale of interest in joint venture	'	'	'	'	195,400,000	'	'	'	'	'
Gain (loss) of unconsolidated entities	'	$55,394,000	'	'	$55,400,000	$1,900,000	'	'	'	'
Number of reportable segments	'	1	'	'	'	'	'	'	'	'
Percentage of net revenue	'	10.00%	'	'	'	'	'	'	'	'

Revision_of_Consolidated_State

Revision of Consolidated Statements of Cash Flows and Supplemental Consolidating Statement of Cash Flows Due to Error in Presentation of Deposit Escrowed (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Cash flows provided by operating activities, as reported	$135,480	$87,893	$83,064
Cash flows used in investing activities, as reported	-102,930	-271,464	-373,008
Non-Guarantor Subsidiaries	'	'	'
Cash flows provided by operating activities, as reported	105,887	81,260	76,012
Cash flows used in investing activities, as reported	-277,397	-244,423	-185,458
Error in Presentation of Deposit Escrowed | As reported	'	'	'
Cash flows provided by operating activities, as reported	'	76,726	'
Cash flows used in investing activities, as reported	'	-260,297	'
Error in Presentation of Deposit Escrowed | As revised	'	'	'
Cash flows provided by operating activities, as reported	'	87,893	'
Cash flows used in investing activities, as reported	'	-271,464	'
Error in Presentation of Deposit Escrowed | Non-Guarantor Subsidiaries | As reported	'	'	'
Cash flows provided by operating activities, as reported	'	70,093	'
Cash flows used in investing activities, as reported	'	-233,256	'
Error in Presentation of Deposit Escrowed | Non-Guarantor Subsidiaries | As revised	'	'	'
Cash flows provided by operating activities, as reported	'	81,260	'
Cash flows used in investing activities, as reported	'	($244,423)	'

Schedule_of_Acquired_Propertie

Schedule of Acquired Properties (Detail) (USD $)	1 Months Ended		12 Months Ended
In Thousands, unless otherwise specified	Aug. 12, 2011	Jul. 23, 2006	Dec. 31, 2013		Dec. 31, 2012
Business Combination, Transactions [Line Items]	'	'	'		'
Purchase Price	$10,500	$45,000	$244,859		$190,150
The Stratford Continuing Care Retirement Community - One Senior Housing Property	'	'	'		'
Business Combination, Transactions [Line Items]	'	'	'		'
Product/Description	'	'	'The Stratford Continuing Care Retirement Community - One senior housing property		'
Location	'	'	'Indiana		'
Date of Acquisition	'	'	28-Jun-13		'
Purchase Price	'	'	22,000	[1]	'
Pioneer Village - One Senior Housing Property	'	'	'		'
Business Combination, Transactions [Line Items]	'	'	'		'
Product/Description	'	'	'Pioneer Village - One senior housing property		'
Location	'	'	'Oregon		'
Date of Acquisition	'	'	31-Jul-13		'
Purchase Price	'	'	14,850		'
Bozeman Lodge - One Senior Housing Property	'	'	'		'
Business Combination, Transactions [Line Items]	'	'	'		'
Product/Description	'	'	'Bozeman Lodge - One senior housing property		'
Location	'	'	'Montana		'
Date of Acquisition	'	'	9-Aug-13		'
Purchase Price	'	'	31,000		'
Wet n Wild Palm Springs One Attractions Property	'	'	'		'
Business Combination, Transactions [Line Items]	'	'	'		'
Product/Description	'	'	'Wet 'n' Wild Palm Springs - One attractions property		'
Location	'	'	'California		'
Date of Acquisition	'	'	12-Aug-13		'
Purchase Price	'	'	15,601	[2]	'
Wet n Wild Phoenix - One Attractions Property	'	'	'		'
Business Combination, Transactions [Line Items]	'	'	'		'
Product/Description	'	'	'Wet 'n' Wild Phoenix - One attractions property		'
Location	'	'	'Arizona		'
Date of Acquisition	'	'	26-Nov-13		'
Purchase Price	'	'	33,000		'
Morning Star at Dayton Place - One Senior Housing Property	'	'	'		'
Business Combination, Transactions [Line Items]	'	'	'		'
Product/Description	'	'	'MorningStar at Dayton Place - One senior housing property		'
Location	'	'	'Colorado		'
Date of Acquisition	'	'	13-Dec-13		'
Purchase Price	'	'	29,908		'
Chateau Vestavia - One Senior Housing Property	'	'	'		'
Business Combination, Transactions [Line Items]	'	'	'		'
Product/Description	'	'	'Chateau Vestavia - One senior housing property		'
Location	'	'	'Alabama		'
Date of Acquisition	'	'	20-Dec-13		'
Purchase Price	'	'	18,500		'
Pacifica Peoria- One Senior Housing Property	'	'	'		'
Business Combination, Transactions [Line Items]	'	'	'		'
Product/Description	'	'	'Pacifica Peoria- One senior housing property		'
Location	'	'	'Arizona		'
Date of Acquisition	'	'	20-Dec-13		'
Purchase Price	'	'	13,250		'
Pacifica Portland - One Senior Housing Property	'	'	'		'
Business Combination, Transactions [Line Items]	'	'	'		'
Product/Description	'	'	'Pacifica Portland - One senior housing property		'
Location	'	'	'Oregon		'
Date of Acquisition	'	'	20-Dec-13		'
Purchase Price	'	'	27,250		'
Pacifica Santa Clarita - One Senior Housing Property	'	'	'		'
Business Combination, Transactions [Line Items]	'	'	'		'
Product/Description	'	'	'Pacifica Santa Clarita - One senior housing property		'
Location	'	'	'California		'
Date of Acquisition	'	'	20-Dec-13		'
Purchase Price	'	'	19,250		'
Pacifica Sun City - One Senior Housing Property	'	'	'		'
Business Combination, Transactions [Line Items]	'	'	'		'
Product/Description	'	'	'Pacifica Sun City - One senior housing property		'
Location	'	'	'Florida		'
Date of Acquisition	'	'	20-Dec-13		'
Purchase Price	'	'	20,250		'
Dogwood Forest of Alpharetta - One senior housing property	'	'	'		'
Business Combination, Transactions [Line Items]	'	'	'		'
Product/Description	'	'	'		'Dogwood Forest of Alpharetta-One senior housing property
Location	'	'	'		'Georgia
Date of Acquisition	'	'	'		30-Apr-12
Purchase Price	'	'	'		15,300
Dogwood Forest of Fayetteville - One senior housing property	'	'	'		'
Business Combination, Transactions [Line Items]	'	'	'		'
Product/Description	'	'	'		'Dogwood Forest of Fayetteville-One senior housing property
Location	'	'	'		'Georgia
Date of Acquisition	'	'	'		30-Apr-12
Purchase Price	'	'	'		12,900
Dogwood Forest of Gainesville - One senior housing property	'	'	'		'
Business Combination, Transactions [Line Items]	'	'	'		'
Product/Description	'	'	'		'Dogwood Forest of Gainesville-One senior housing property
Location	'	'	'		'Georgia
Date of Acquisition	'	'	'		30-Apr-12
Purchase Price	'	'	'		38,800
Dogwood Forest of Eagles Landing - One senior housing property	'	'	'		'
Business Combination, Transactions [Line Items]	'	'	'		'
Product/Description	'	'	'		'Dogwood Forest of Eagles Landing-One senior housing property
Location	'	'	'		'Georgia
Date of Acquisition	'	'	'		30-Apr-12
Purchase Price	'	'	'		12,800
Provision Living at Godfrey - One senior housing property	'	'	'		'
Business Combination, Transactions [Line Items]	'	'	'		'
Product/Description	'	'	'		'Provision Living at Godfrey-One senior housing property
Location	'	'	'		'Illinois
Date of Acquisition	'	'	'		7-May-12
Purchase Price	'	'	'		11,000
Amber Ridge Memory Care - One senior housing properties	'	'	'		'
Business Combination, Transactions [Line Items]	'	'	'		'
Product/Description	'	'	'		'Amber Ridge Memory Care-One senior housing property
Location	'	'	'		'Illinois
Date of Acquisition	'	'	'		29-Jun-12
Purchase Price	'	'	'		6,900
Amber Ridge Assisted Living - One senior housing property	'	'	'		'
Business Combination, Transactions [Line Items]	'	'	'		'
Product/Description	'	'	'		'Amber Ridge Assisted Living-One senior housing property
Location	'	'	'		'Illinois
Date of Acquisition	'	'	'		29-Jun-12
Purchase Price	'	'	'		3,600
The Lodge Assisted Living and Memory Care Community - One senior housing property	'	'	'		'
Business Combination, Transactions [Line Items]	'	'	'		'
Product/Description	'	'	'		'The Lodge Assisted Living and Memory Care Community-One senior housing property
Location	'	'	'		'Nevada
Date of Acquisition	'	'	'		29-Jun-12
Purchase Price	'	'	'		15,500
Rapids Waterpark - One attractions property	'	'	'		'
Business Combination, Transactions [Line Items]	'	'	'		'
Product/Description	'	'	'		'Rapids Waterpark-One attractions property
Location	'	'	'		'Florida
Date of Acquisition	'	'	'		29-Jun-12
Purchase Price	'	'	'		51,850
Culpepper Place of Fayettteville - One Senior Housing Property	'	'	'		'
Business Combination, Transactions [Line Items]	'	'	'		'
Product/Description	'	'	'		'Culpepper Place of Fayettteville-One senior housing property
Location	'	'	'		'Arkansas
Date of Acquisition	'	'	'		30-Nov-12
Purchase Price	'	'	'		14,000
Dogwood Forest of Cumming - One Senior Housing Property	'	'	'		'
Business Combination, Transactions [Line Items]	'	'	'		'
Product/Description	'	'	'		'Dogwood Forest of Cumming-One senior housing property
Location	'	'	'		'Georgia
Date of Acquisition	'	'	'		14-Dec-12
Purchase Price	'	'	'		$7,500
[1]	Amount shown is net of the present value of entrance fee liabilities assumed on date of acquisition of approximately $13.8 million.
[2]	In connection with the acquisition, the Company recorded approximately $2.7 million in bargain purchase gain as a result of the fair value of the net assets acquired exceeding the consideration transferred. The excess resulted from the fact that the seller did not widely market the property for sale and was motivated to sell because the property was deemed an outlier from the other investments owned by the seller.

Schedule_of_Acquired_Propertie1

Schedule of Acquired Properties (Parenthetical) (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013
Business Combination, Transactions [Line Items]	'
Assumption of entrance fee liabilities	$13,810
Bargain purchase gain recognized	2,653
The Stratford Continuing Care Retirement Community - One Senior Housing Property	'
Business Combination, Transactions [Line Items]	'
Assumption of entrance fee liabilities	$13,800

Acquisitions_Additional_Inform

Acquisitions - Additional Information (Detail) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Business Combination, Transactions [Line Items]	'	'
Revenue of newly acquired properties	'	19.2
Net operating income (loss) attributable to these newly acquired properties	'	-1.5
Minimum	'	'
Business Combination, Transactions [Line Items]	'	'
Long-term triple-net leases for an initial terms renewal options	'10 years	'
Operating term of senior housing properties under management agreements	'	'5 years
Long-term lease	'5 years	'
Maximum	'	'
Business Combination, Transactions [Line Items]	'	'
Long-term triple-net leases for an initial terms renewal options	'20 years	'
Operating term of senior housing properties under management agreements	'	'10 years
Long-term lease	'20 years	'
Rapids Waterpark - One attractions property	'	'
Business Combination, Transactions [Line Items]	'	'
Long-term lease	'	'20 years

Summary_of_Purchase_Price_Allo

Summary of Purchase Price Allocation (Detail) (USD $)	1 Months Ended		12 Months Ended
In Thousands, unless otherwise specified	Aug. 12, 2011	Jul. 23, 2006	Dec. 31, 2013		Dec. 31, 2012
Business Combination, Transactions [Line Items]	'	'	'		'
In-place lease intangibles	'	'	($5,141)	[1]	$8,036	[2]
Trade name intangibles	'	'	-2,291		4,434
Other assets	'	'	-703		1,691
Other liabilities	'	'	-13,810		'
Net assets acquired	'	'	-247,512		190,150
Bargain purchase gain	'	'	-2,653		'
Total purchase price consideration	10,500	45,000	244,859		190,150
Land and land improvements	'	'	'		'
Business Combination, Transactions [Line Items]	'	'	'		'
Net assets acquired	'	'	-32,998		30,099
Leasehold interests and improvements	'	'	'		'
Business Combination, Transactions [Line Items]	'	'	'		'
Net assets acquired	'	'	-8,715		'
Buildings	'	'	'		'
Business Combination, Transactions [Line Items]	'	'	'		'
Net assets acquired	'	'	-184,131		119,492
Equipment	'	'	'		'
Business Combination, Transactions [Line Items]	'	'	'		'
Net assets acquired	'	'	($27,343)		$26,398
[1]	The weighted-average amortization period for intangible in-place leases acquired range between 2.5 years to 15 years as of the date of acquisition.
[2]	The weighted-average amortization period for intangible in-place leases acquired was two years as of the date of acquisition.

Summary_of_Purchase_Price_Allo1

Summary of Purchase Price Allocation (Parenthetical) (Detail) (Intangibles in-place leases)	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2013
		Minimum	Maximum
Business Combination, Transactions [Line Items]	'	'	'
Weighted-average amortization period for intangible lease	'2 years	'2 years 6 months	'15 years

Properties_Acquired_Pro_Forma_

Properties Acquired, Pro Forma Results of Operations (Detail) (USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2012		Dec. 31, 2011
Business Combination, Pro Forma Information [Line Items]	'		'
Revenues	$488,523		$441,401
Expenses	498,574	[1]	434,501	[1]
Other expense	-60,110		-57,890
Loss from continuing operations	($70,161)		($50,990)
Loss per share of common stock (basic and diluted) Continuing operations	($0.22)		($0.17)
Weighted average number of shares of common stock outstanding (basic and diluted)	312,309		302,250
[1]	The pro formas for the year ended December 31, 2012, were adjusted to exclude approximately $1.6 million of acquisition related expenses incurred in 2012. The pro forma for the year ended December 31, 2011, were adjusted to include these charges.

Properties_Acquired_Pro_Forma_1

Properties Acquired, Pro Forma Results of Operations (Parenthetical) (Detail) (USD $)	Dec. 31, 2012
In Millions, unless otherwise specified
Business Combination, Pro Forma Information [Line Items]	'
Acquisition related expenses	$1.60

Schedule_of_Real_Estate_Invest

Schedule of Real Estate Investment Properties (Detail) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Real Estate Properties [Line Items]	'	'
Less: accumulated depreciation and amortization	($765,948)	($649,999)
Total	2,068,973	2,176,357
Land and land improvements	'	'
Real Estate Properties [Line Items]	'	'
Real estate investment properties, Total	904,409	1,052,350
Leasehold interests and improvements	'	'
Real Estate Properties [Line Items]	'	'
Real estate investment properties, Total	311,560	316,419
Buildings	'	'
Real Estate Properties [Line Items]	'	'
Real estate investment properties, Total	926,098	847,940
Equipment	'	'
Real Estate Properties [Line Items]	'	'
Real estate investment properties, Total	$692,854	$609,647

Real_Estate_Investment_Propert2

Real Estate Investment Properties Net - Additional Information (Detail) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'	'	'
Depreciation and amortization expenses	$138,900,000	$125,900,000	$117,300,000
Impairment provision	269,500,000	'	'
Impairment provision of real estate investment properties	248,268,000	10,000	3,199,000
Impairment provision of asset held for sale	21,300,000	'	'
Development of unimproved land and Multi-family residential property	'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'	'	'
Impairment Provision of discontinued operations	61,000,000	'	'
Number of impaired properties	2	'	'
Smaller properties	'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'	'	'
Impairment Provision of discontinued operations	7,600,000	'	'
Properties continued to experience declines in operating results from residual challenges of the economic downturn	'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'	'	'
Impairment Provision of discontinued operations	10,800,000	'	'
Golf portfolio	'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'	'	'
Impairment Provision of discontinued operations	$190,200,000	'	'

Recovered_Sheet1

Assets Held for Sale, Net and Discontinued Operations - Additional Information (Detail) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
	Property	Property	Property
Assets Held for Sale and Discontinued Operations [Line Items]	'	'	'
Number of properties sold	4	'	'
Number of properties decided to sell	5	'	'
Impairment provision	$248,268,000	$10,000	$3,199,000
Number of properties sold	4	3	4
Note received from the sale	300,000	'	12,500,000
Aggregate sales price of properties sold	12,400,000	1,500,000	21,000,000
Aggregate gain of properties sold	2,400,000	300,000	1,200,000
Assets Held-for-sale	'	'	'
Assets Held for Sale and Discontinued Operations [Line Items]	'	'	'
Impairment provision	$21,300,000	'	'

Properties_Classified_as_Asset

Properties Classified as Assets Held for Sale (Detail) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Long Lived Assets Held-for-sale [Line Items]	'	'
Assets Held for Sale	$90,794	$5,743
Land and land improvements	'	'
Long Lived Assets Held-for-sale [Line Items]	'	'
Assets Held for Sale	40,097	2,874
Leasehold interests and improvements	'	'
Long Lived Assets Held-for-sale [Line Items]	'	'
Assets Held for Sale	47,989	2,157
Equipment	'	'
Long Lived Assets Held-for-sale [Line Items]	'	'
Assets Held for Sale	$2,708	$712

Summary_of_Loss_from_Discontin

Summary of Loss from Discontinued Operations (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'	'
Revenues	$10,294	$10,804	$13,045
Expenses	-8,413	-8,221	-11,203
Depreciation and amortization	-3,289	-3,351	-3,869
Impairment provision	-21,267	-670	-13,671
Operating loss	-22,675	-1,438	-15,698
Gain from sale of properties	2,407	288	1,171
Other expense	-1,741	-1,766	-2,595
Loss from discontinued operations	($22,009)	($2,916)	($17,122)

Gross_Carrying_Amount_and_Accu

Gross Carrying Amount and Accumulated Amortization of Intangible Assets (Detail) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Finite-Lived Intangible Assets And Liabilities [Line Items]	'	'
Gross Carrying Amount	$56,224	$46,734
Accumulated Amortization	-19,302	-11,277
Total	36,922	35,457
Intangibles in-place leases	'	'
Finite-Lived Intangible Assets And Liabilities [Line Items]	'	'
Gross Carrying Amount	34,745	29,921
Accumulated Amortization	-17,513	-9,742
Total	17,232	20,179
Trade name intangibles	'	'
Finite-Lived Intangible Assets And Liabilities [Line Items]	'	'
Gross Carrying Amount	9,060	10,798
Accumulated Amortization	-1,789	-1,535
Total	7,271	9,263
Trade Name 1	'	'
Finite-Lived Intangible Assets And Liabilities [Line Items]	'	'
Gross Carrying Amount	12,419	6,015
Total	$12,419	$6,015

Intangible_Assets_Net_Addition

Intangible Assets Net - Additional Information (Detail) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Intangible Assets Disclosure [Line Items]	'	'	'
Impairment provision	$248,268,000	$10,000	$3,199,000
Trade name intangibles	4,200,000	'	'
Amortization of intangible assets	8,100,000	6,300,000	1,900,000
Write off lease intangibles related to lease terminations	-93,000	'	'
One golf and two marinas properties	'	'	'
Intangible Assets Disclosure [Line Items]	'	'	'
Impairment provision	1,800,000	'	'
Lease termination	'	'	'
Intangible Assets Disclosure [Line Items]	'	'	'
Write off lease intangibles related to lease terminations	$100,000	$2,500,000	$200,000

Estimated_Future_Amortization_

Estimated Future Amortization Expense of Intangible Assets (Detail) (USD $)	Dec. 31, 2013
In Thousands, unless otherwise specified
Finite Lived Intangible Assets And Liabilities Future Amortization Expense [Line Items]	'
2014	$6,614
2015	3,006
2016	1,325
2017	928
2018	853
Thereafter	11,777
Total	$24,503

Operating_Leases_Additional_In

Operating Leases - Additional Information (Detail) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
	Leases
Schedule of Operating Leases [Line Items]	'	'	'
Properties leased under long-term, triple-net leases to third-parties	72	'	'
Triple-net lease, total percentage rent	$2.50	$1.90	$1.30
Triple-net lease, capital improvement reserve rent	25.6	23.4	22.6
Total annualized property taxes	$11.90	$12.70	$12.30

Schedule_of_Future_Minimum_Lea

Schedule of Future Minimum Lease Payments (Detail) (USD $)	Dec. 31, 2013
In Thousands, unless otherwise specified
Operating Leased Assets [Line Items]	'
2014	$133,358
2015	136,509
2016	138,852
2017	140,123
2018	142,002
Thereafter	1,399,190
Total	$2,090,034

Variable_Interest_and_Unconsol2

Variable Interest and Unconsolidated Entities - Additional Information (Detail) (USD $)

12 Months Ended

1 Months Ended

3 Months Ended

12 Months Ended

12 Months Ended

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2013

Dec. 31, 2012

Jul. 31, 2013

Sep. 30, 2013

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Property

Property

Property

HLBV

HLBV

Joint Venture Agreement

Joint Venture Agreement

Joint Venture Agreement

Joint Venture Agreement

Intrawest Venture

Intrawest Venture

Year One

Year Two

Canada Revenue Authority

Entity

Property

Entity

Entity

Joint Venture Agreement

Joint Venture Agreement

Investment

Variable Interest Entity [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of wholly-owned subsidiaries

5

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of buy out options exercisable

2

'

'

'

'

'

'

'

'

'

'

'

'

'

Number of remaining buy out options exercisable

2

'

'

'

'

'

'

'

'

'

'

'

'

'

Remaining buy-out options become exercisable in year

'

'

'

'

'

'

'

'

'

'

'

'2014

'2018

'

Remaining four buy-out options expiration month and year

'

'

'

'

'

'

'

'

'

'

'

'2023-07

'2030-03

'

Maximum exposure to loss on investment

$113,100,000

$150,800,000

'

'

'

'

'

'

'

$25,200,000

$23,500,000

'

'

$14,600,000

Number of properties sold

4

3

4

'

'

42

'

'

'

'

'

'

'

'

Aggregate proceed from sale of interest in joint venture

'

'

'

'

'

195,400,000

'

'

'

'

'

'

'

'

Gain (loss) of unconsolidated entities

55,394,000

'

'

'

'

55,400,000

1,900,000

'

'

'

'

'

'

'

Equity ownership in number of companies

'

'

'

'

'

'

'

2

5

'

'

'

'

'

Joint Ventures held for sale

'

'

'

'

'

'

'

'

'

'

7

'

'

'

Accruals for loss on investment

'

'

'

'

'

'

'

'

'

'

'

'

'

1,300,000

Share of partners capital

'

'

'

124,900,000

265,300,000

'

'

'

'

'

'

'

'

'

Difference between carrying amount of the investment and partners capital

'

'

'

7,400,000

22,000,000

'

'

'

'

'

'

'

'

'

Total Debt Obligation

$202,200,000

$868,600,000

'

'

'

'

'

'

'

'

'

'

'

'

Aggregate_Carrying_Amount_and_

Aggregate Carrying Amount and Major Classifications of Consolidated Assets and Liabilities (Detail) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Assets	'	'
Real estate investment properties, net	$184,306	$207,516
Other assets	29,075	39,618
Liabilities	'	'
Mortgages and other notes payable	87,095	80,481
Other liabilities	$13,214	$15,806

Summary_of_Financial_Informati

Summary of Financial Information of Unconsolidated Entities (Detail) (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

Schedule of Unconsolidated Entities [Line Items]

'

'

'

'

'

'

'

'

'

'

'

Revenues

$101,147

$176,024

[1]

$131,107

$104,523

$94,426

[1]

$173,041

$117,849

$87,226

$512,801

$472,542

$409,745

Property operating expenses

'

'

'

'

'

'

'

'

-262,062

-238,978

-193,716

Depreciation and amortization

'

'

'

'

'

'

'

'

-147,022

-132,206

-119,215

Interest and other income

'

'

'

'

'

'

'

'

327

1,198

-216

Income (loss) from continuing operations

-232,666

81,680

[1]

-56,897

-22,647

-53,539

[1]

24,193

-20,014

-23,797

-230,530

-73,157

-52,488

Discontinued operations

'

'

'

'

'

'

'

'

-22,009

-2,916

-17,122

Equity in earnings (loss) of unconsolidated entities

2,518

4,147

[1]

6,159

-1,123

-253

[1]

2,266

2,277

1,231

11,701

5,521

1,022

DMC Partnership

'

'

'

'

'

'

'

'

'

'

'

Schedule of Unconsolidated Entities [Line Items]

'

'

'

'

'

'

'

'

'

'

'

Revenues

'

'

'

'

'

'

'

'

28,062

27,858

27,481

Property operating expenses

'

'

'

'

'

'

'

'

-796

-2,963

[2]

-738

Depreciation and amortization

'

'

'

'

'

'

'

'

-9,182

-9,040

-8,935

Interest expense

'

'

'

'

'

'

'

'

-7,908

-8,260

-8,499

Interest and other income

'

'

'

'

'

'

'

'

3

28

29

Income (loss) from continuing operations

'

'

'

'

'

'

'

'

10,179

7,623

9,338

Net income (loss)

'

'

'

'

'

'

'

'

10,179

7,623

9,338

Income (loss) allocable to other venture partners

'

'

'

'

'

'

'

'

-1,166

[3]

-1,810

[3]

-1,954

[3]

Income (loss) allocable to the Company

'

'

'

'

'

'

'

'

11,345

[3]

9,433

[3]

11,292

[3]

Amortization of capitalized costs

'

'

'

'

'

'

'

'

-433

-471

-487

Equity in earnings (loss) of unconsolidated entities

'

'

'

'

'

'

'

'

10,912

8,962

10,805

Distribution declared to the Company

'

'

'

'

'

'

'

'

11,345

11,345

11,292

Distributions received by the Company

'

'

'

'

'

'

'

'

11,337

11,353

11,422

Intrawest Venture

'

'

'

'

'

'

'

'

'

'

'

Schedule of Unconsolidated Entities [Line Items]

'

'

'

'

'

'

'

'

'

'

'

Discontinued operations

'

'

'

'

'

'

'

'

2,546

[4]

-5,568

[4]

-723

[4]

Net income (loss)

'

'

'

'

'

'

'

'

2,546

-5,568

-723

Income (loss) allocable to other venture partners

'

'

'

'

'

'

'

'

-1,611

[3],[5]

-1,564

[3],[5]

-1,733

[3],[5]

Income (loss) allocable to the Company

'

'

'

'

'

'

'

'

4,157

[3]

-4,004

[3]

1,010

[3]

Amortization of capitalized costs

'

'

'

'

'

'

'

'

-233

-234

-234

Equity in earnings (loss) of unconsolidated entities

'

'

'

'

'

'

'

'

3,924

-4,238

776

Distribution declared to the Company

'

'

'

'

'

'

'

'

1,998

3,096

3,163

Distributions received by the Company

'

'

'

'

'

'

'

'

2,427

2,725

2,845

CNLSun I Venture

'

'

'

'

'

'

'

'

'

'

'

Schedule of Unconsolidated Entities [Line Items]

'

'

'

'

'

'

'

'

'

'

'

Revenues

'

'

'

'

'

'

'

'

71,287

[6]

137,897

127,479

[7]

Property operating expenses

'

'

'

'

'

'

'

'

-45,999

[6]

-87,910

-86,554

[7]

Depreciation and amortization

'

'

'

'

'

'

'

'

-10,994

[6]

-23,154

-23,419

[7]

Interest expense

'

'

'

'

'

'

'

'

-16,154

[6]

-32,615

-31,728

[7]

Interest and other income

'

'

'

'

'

'

'

'

20

[6]

372

-5,702

[7]

Income (loss) from continuing operations

'

'

'

'

'

'

'

'

-1,840

[6]

-5,410

-19,924

[7]

Net income (loss)

'

'

'

'

'

'

'

'

-1,840

[6]

-5,410

-19,924

[7]

Income (loss) allocable to other venture partners

'

'

'

'

'

'

'

'

-1,341

[3],[6]

-7,084

[3]

-14,021

[3],[7]

Income (loss) allocable to the Company

'

'

'

'

'

'

'

'

-499

[3],[6]

1,674

[3]

-5,903

[3],[7]

Amortization of capitalized costs

'

'

'

'

'

'

'

'

-1,305

[6]

-2,610

-2,501

[7]

Equity in earnings (loss) of unconsolidated entities

'

'

'

'

'

'

'

'

-1,804

[6]

-936

-8,404

[7]

Distribution declared to the Company

'

'

'

'

'

'

'

'

7,797

[6]

15,709

15,127

[7]

Distributions received by the Company

'

'

'

'

'

'

'

'

11,750

[6],[8]

15,665

11,218

[7]

CNLSun II Venture

'

'

'

'

'

'

'

'

'

'

'

Schedule of Unconsolidated Entities [Line Items]

'

'

'

'

'

'

'

'

'

'

'

Revenues

'

'

'

'

'

'

'

'

19,654

[6]

37,301

14,439

[7]

Property operating expenses

'

'

'

'

'

'

'

'

-15,439

[6]

-27,525

-10,276

[7]

Depreciation and amortization

'

'

'

'

'

'

'

'

-2,244

[6]

-4,991

-2,255

[7]

Interest expense

'

'

'

'

'

'

'

'

-2,057

[6]

-4,899

-2,121

[7]

Interest and other income

'

'

'

'

'

'

'

'

'

-368

-899

[7]

Income (loss) from continuing operations

'

'

'

'

'

'

'

'

-86

[6]

-482

-1,112

[7]

Net income (loss)

'

'

'

'

'

'

'

'

-86

[6]

-482

-1,112

[7]

Income (loss) allocable to other venture partners

'

'

'

'

'

'

'

'

-8

[3],[6]

-407

[3]

-333

[3],[7]

Income (loss) allocable to the Company

'

'

'

'

'

'

'

'

-78

[3],[6]

-75

[3]

-779

[3],[7]

Amortization of capitalized costs

'

'

'

'

'

'

'

'

-431

[6]

-862

-323

[7]

Equity in earnings (loss) of unconsolidated entities

'

'

'

'

'

'

'

'

-509

[6]

-937

-1,102

[7]

Distribution declared to the Company

'

'

'

'

'

'

'

'

1,039

[6]

5,094

1,028

[7]

Distributions received by the Company

'

'

'

'

'

'

'

'

1,567

[6]

5,189

[8]

406

[7]

CNLSun III Venture

'

'

'

'

'

'

'

'

'

'

'

Schedule of Unconsolidated Entities [Line Items]

'

'

'

'

'

'

'

'

'

'

'

Revenues

'

'

'

'

'

'

'

'

21,549

[6]

43,087

9,297

[7]

Property operating expenses

'

'

'

'

'

'

'

'

-14,609

[6]

-29,131

-7,938

[7]

Depreciation and amortization

'

'

'

'

'

'

'

'

-2,874

[6]

-6,457

-1,570

[7]

Interest expense

'

'

'

'

'

'

'

'

-2,928

[6]

-5,858

-1,367

[7]

Interest and other income

'

'

'

'

'

'

'

'

'

28

-240

[7]

Income (loss) from continuing operations

'

'

'

'

'

'

'

'

1,138

[6]

1,669

-1,818

[7]

Net income (loss)

'

'

'

'

'

'

'

'

1,138

[6]

1,669

-1,818

[7]

Income (loss) allocable to other venture partners

'

'

'

'

'

'

'

'

1,788

[3],[6]

-1,346

[3]

-837

[3],[7]

Income (loss) allocable to the Company

'

'

'

'

'

'

'

'

-650

[3],[6]

3,015

[3]

-981

[3],[7]

Amortization of capitalized costs

'

'

'

'

'

'

'

'

-172

[6]

-345

-72

[7]

Equity in earnings (loss) of unconsolidated entities

'

'

'

'

'

'

'

'

-822

[6]

2,670

-1,053

[7]

Distribution declared to the Company

'

'

'

'

'

'

'

'

1,660

[6]

7,776

785

[7]

Distributions received by the Company

'

'

'

'

'

'

'

'

4,965

[6],[8]

5,256

[8]

'

Total

'

'

'

'

'

'

'

'

'

'

'

Schedule of Unconsolidated Entities [Line Items]

'

'

'

'

'

'

'

'

'

'

'

Revenues

'

'

'

'

'

'

'

'

140,552

246,143

178,696

Property operating expenses

'

'

'

'

'

'

'

'

-76,843

-147,529

-105,506

Depreciation and amortization

'

'

'

'

'

'

'

'

-25,294

-43,642

-36,179

Interest expense

'

'

'

'

'

'

'

'

-29,047

-51,632

-43,715

Interest and other income

'

'

'

'

'

'

'

'

23

60

-6,812

Income (loss) from continuing operations

'

'

'

'

'

'

'

'

9,391

3,400

-13,516

Discontinued operations

'

'

'

'

'

'

'

'

2,546

[4]

-5,568

[4]

-723

[4]

Net income (loss)

'

'

'

'

'

'

'

'

11,937

-2,168

-14,239

Income (loss) allocable to other venture partners

'

'

'

'

'

'

'

'

-2,338

[3]

-12,211

[3]

-18,878

[3]

Income (loss) allocable to the Company

'

'

'

'

'

'

'

'

14,275

[3]

10,043

[3]

4,639

[3]

Amortization of capitalized costs

'

'

'

'

'

'

'

'

-2,574

-4,522

-3,617

Equity in earnings (loss) of unconsolidated entities

'

'

'

'

'

'

'

'

11,701

5,521

1,022

Distribution declared to the Company

'

'

'

'

'

'

'

'

23,839

43,020

31,395

Distributions received by the Company

'

'

'

'

'

'

'

'

$32,046

$40,188

$25,891

[1]

Includes impact from out of period adjustments as described in "Footnote 2 - Significant Accounting Policies".

[2]

During the year ended December 31, 2012, the DMC Partnership incurred approximately $2.3 million in acquisition costs relating to a potential acquisition that was ultimately not pursued.

[3]

Income is allocated between the Company and its venture partners using the hypothetical liquidation book value ("HLBV") method of accounting.

[4]

In connection with the planned sale of its properties, the venture classified its seven retail properties as assets held for sale and performed an impairment analysis and determined that the carrying value of one of its properties was higher than expected net sales proceeds. As such the venture recorded an impairment provision of approximately $4.5 million which is included as part of discontinued operations for the year ended December 31, 2012. No impairments were recorded for the years ended December 31, 2013 or 2011.

[5]

This amount represents the venture partner's portion of interest expense on a loan which the partners made to the venture. These amounts are treated as distributions for the purposes of the HLBV calculation.

[6]

On July 1, 2013, the Company completed the sale of its interest in 42 senior housing properties held through CNLSun I, CNLSun II and CNLSun III ventures as discussed above. As such, summarized operating data for those ventures is reported through June 30, 2013.

[7]

Represents operating data from the date of acquisition through the end of period presented.

[8]

For the year ended December 31, 2013, distributions received by the Company includes approximately $4.0 million, $0.5 million and $0.8 million in return of capital on the CNLSun I, CNLSun II and CNLSun III ventures, respectively. For the year ended December 31, 2012, distributions received by the Company includes approximately $1.5 million and $1.9 million in return of capital on the CNLSun II and CNLSun III ventures, respectively.

Summary_of_Financial_Informati1

Summary of Financial Information of Unconsolidated Entities (Parenthetical) (Detail) (USD $)

12 Months Ended

1 Months Ended

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Jul. 31, 2013

Property

Property

Property

DMC Partnership

Intrawest Venture

Intrawest Venture

Intrawest Venture

CNLSun I Venture

CNLSun II Venture

CNLSun II Venture

CNLSun III Venture

CNLSun III Venture

Joint Venture Agreement

Property

Schedule of Unconsolidated Entities [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

Distributions received by the Company

'

$3,445,000

$11,624,000

'

'

'

'

$4,000,000

$500,000

'

$800,000

'

'

Distribution representing return of capital

'

'

'

'

'

'

'

'

'

1,500,000

'

1,900,000

'

Impairment loss

'

'

'

'

0

4,500,000

0

'

'

'

'

'

'

Acquisition fees and costs

$3,141,000

$4,450,000

$11,168,000

$2,300,000

'

'

'

'

'

'

'

'

'

Number of properties sold

4

3

4

'

'

'

'

'

'

'

'

'

42

Summarized_Balance_Sheet_Data_

Summarized Balance Sheet Data of Unconsolidated Entities (Detail) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Schedule of Unconsolidated Entities [Line Items]	'	'
Real estate assets, net	$2,068,973	$2,176,357
Asset held for sale	90,794	5,743
Other assets	52,310	63,655
Mortgages and other notes payable	760,192	649,002
Other liabilities	76,816	47,445
Carrying amount of investment	132,324	287,339
DMC Partnership	'	'
Schedule of Unconsolidated Entities [Line Items]	'	'
Real estate assets, net	228,755	236,200
Other assets	13,297	12,410
Mortgages and other notes payable	131,860	135,428
Other liabilities	5,551	5,089
Partners' capital	104,641	108,093
Carrying amount of investment	107,162	107,641
Company's ownership percentage	82.00%	82.00%
Intrawest Venture	'	'
Schedule of Unconsolidated Entities [Line Items]	'	'
Asset held for sale	81,661	84,278
Other assets	15,799	14,174
Mortgages and other notes payable	70,292	73,702
Other liabilities	17,075	15,459
Partners' capital	10,093	9,291
Carrying amount of investment	25,162	23,506
Company's ownership percentage	80.00%	80.00%
Total	'	'
Schedule of Unconsolidated Entities [Line Items]	'	'
Real estate assets, net	228,755	1,114,784
Asset held for sale	81,661	84,278
Other assets	29,096	73,563
Mortgages and other notes payable	202,152	868,619
Other liabilities	22,626	57,485
Partners' capital	114,734	346,521
Carrying amount of investment	132,324	287,339
CNLSun I Venture	'	'
Schedule of Unconsolidated Entities [Line Items]	'	'
Real estate assets, net	'	593,745
Other assets	'	30,807
Mortgages and other notes payable	'	434,940
Other liabilities	'	20,173
Partners' capital	'	169,439
Carrying amount of investment	'	108,334
Company's ownership percentage	'	60.00%
CNLSun II Venture	'	'
Schedule of Unconsolidated Entities [Line Items]	'	'
Real estate assets, net	'	122,171
Other assets	'	5,644
Mortgages and other notes payable	'	104,549
Other liabilities	'	6,096
Partners' capital	'	17,170
Carrying amount of investment	'	13,660
Company's ownership percentage	'	70.00%
CNLSun III Venture	'	'
Schedule of Unconsolidated Entities [Line Items]	'	'
Real estate assets, net	'	162,668
Other assets	'	10,528
Mortgages and other notes payable	'	120,000
Other liabilities	'	10,668
Partners' capital	'	42,528
Carrying amount of investment	'	$34,198
Company's ownership percentage	'	67.90%

Mortgages_and_Other_Notes_Rece2

Mortgages and Other Notes Receivable (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013		Dec. 31, 2012
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'
Interest Rate	11.00%		'
Term loan receivable, interest rate above LIBOR	4.00%		'
Accrued Interest	$5,655		$5,301
Loan Principal Balance	117,014		121,019
Acquisition fees, net	97		109
Loan loss provision	-4,803	[1],[2]	-1,699	[1],[2]
Total carryiLoan Principal Balance, total carrying amountng amount	117,963		124,730
Interest Receivable	'		'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'
Accrued Interest	5,655		'
Big Sky Resort	'		'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'
Date of Loan Agreement(s)	23-Sep-08		'
Loan receivable, maturity date	1-Sep-14		'
Interest Rate	12.00%		'
Loan Principal Balance	68,000		68,000
Big Sky Resort | Interest Receivable	'		'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'
Accrued Interest	680		'
CMR Properties, LLC and CM Resort, LLC (one ski property)	'		'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'
Date of Loan Agreement(s)	15-Jun-10	[1],[3]	'
Loan receivable, maturity date	30-Sep-22	[1],[3]	'
Loan Principal Balance	16,620	[1]	16,537	[1]
CMR Properties, LLC and CM Resort, LLC (one ski property) | Interest Receivable	'		'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'
Accrued Interest	877	[1]	'
CMR Properties, LLC and CM Resort, LLC (one ski property) | Minimum	'		'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'
Interest Rate	9.00%	[1]	'
CMR Properties, LLC and CM Resort, LLC (one ski property) | Maximum	'		'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'
Interest Rate	11.00%	[1]	'
Boyne USA, Inc. (four ski resorts)	'		'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'
Date of Loan Agreement(s)	10-Aug-09		'
Loan receivable, maturity date	1-Sep-14		'
Loan Principal Balance	13,896		18,081
Boyne USA, Inc. (four ski resorts) | Interest Receivable	'		'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'
Accrued Interest	3,439		'
Boyne USA, Inc. (four ski resorts) | Minimum	'		'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'
Interest Rate	6.30%		'
Boyne USA, Inc. (four ski resorts) | Maximum	'		'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'
Interest Rate	15.00%		'
Evergreen Alliance Golf Limited, L.P.	'		'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'
Date of Loan Agreement(s)	12-Nov-10	[2]	'
Loan receivable, maturity date	31-Dec-16	[2]	'
Interest Rate	4.00%	[2]	'
Term loan receivable, interest rate above LIBOR	4.00%	[2]	'
Loan Principal Balance	5,781	[2]	5,911	[2]
Evergreen Alliance Golf Limited, L.P. | Interest Receivable	'		'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'
Accrued Interest	438	[2]	'
PARC Myrtle Waves, LLC (one attractions property)	'		'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'
Date of Loan Agreement(s)	10-Feb-11	[1],[3]	'
Loan receivable, maturity date	10-Feb-21	[1],[3]	'
Interest Rate	7.50%	[1],[3]	'
Loan Principal Balance	9,000	[1],[2]	9,000	[1],[2]
PARC Myrtle Waves, LLC (one attractions property) | Interest Receivable	'		'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'
Accrued Interest	169	[1]	'
Grand Prix Tampa, LLC (one attractions property)	'		'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'
Date of Loan Agreement(s)	31-Jul-11		'
Loan receivable, maturity date	31-Jul-16		'
Interest Rate	8.50%		'
Loan Principal Balance	3,442		3,490
Grand Prix Tampa, LLC (one attractions property) | Interest Receivable	'		'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'
Accrued Interest	48		'
RSA Properties, Misson Hills (one golf facility)	'		'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'
Date of Loan Agreement(s)	28-Mar-13		'
Loan receivable, maturity date	1-Apr-14		'
Interest Rate	9.00%		'
Loan Principal Balance	275		'
RSA Properties, Misson Hills (one golf facility) | Interest Receivable	'		'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'
Accrued Interest	4		'
Mortgage loan	'		'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'
Total carryiLoan Principal Balance, total carrying amountng amount	$117,963		$124,730
[1]	In December 2013, one of the Company's borrowers approached the Company about modifying the terms of their debt service payments due to its current financial challenges. In anticipation of providing payment concessions to the borrower , the Company recorded a loan loss provision of approximately $1.8 million representing the difference between the expected future cash flows discounted at the original loan's effective interest rate and the net carrying value of the loan. In addition, the Company expects to foreclose on an attractions property that serves as collateral on one of its other existing loans and recorded a loan loss provision of approximately $1.3 million based on the estimated fair value of the collateral.
[2]	In April 2012, the Company restructured a $6 million outstanding working capital line of credit receivable with a borrower that was having financial difficulties into a $6 million term loan. As part of the restructure, the Company reduced the interest rate from a fixed rate of 11% per annum to a rate of LIBOR plus 4% per annum and extended the maturity date from November 2013 to December 2016, with no payments of principal or interest required until January 2014. The borrower has an option to extend the maturity date to December 2021, subject to certain terms and conditions. During 2012, the Company recorded a loan loss provision under this troubled debt restructure of approximately $1.7 million representing the difference between the expected future cash flows discounted at the original loan's effective interest rate and the net carrying value of the loan. Additionally, as part of the restructure, any percentage rent received for certain of the golf facilities will be used to reduce the term loan until it is paid in full. The percentage rent recorded as a reduction to the term loan amounted to approximately $0.1 million for each of the years ended December 31, 2013 and 2012, respectively.
[3]	In December 2013, one of the Company's borrowers approached the Company about modifying the terms of their debt service payments due to its current financial challenges. In anticipation of providing payment concessions to the borrower, the Company recorded a loan loss provision of approximately $1.8 million representing the difference between the expected future cash flows discounted at the original loan's effective interest rate and the net carrying value of the loan. In addition, the Company expects to foreclose on an attractions property that serves as collateral on one of its other existing loans and recorded a loan loss provision of approximately $1.3 million based on the estimated fair value of the collateral.

Mortgages_and_Other_Notes_Rece3

Mortgages and Other Notes Receivable (Parenthetical) (Detail) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2013		Dec. 31, 2012
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'
Working capital line of credit receivable restructured amount	$6		'
Term loan receivable	6		'
Interest Rate	11.00%		'
Term loan receivable, interest rate above LIBOR	4.00%		'
Term loan receivable, earliest maturity date	'2016-12		'
Earliest payment date of principal or interest	'2014-01		'
Term loan receivable, latest maturity date	'2021-12		'
Payments of principal or interest on term loans	0		'
Percentage rent recorded as a reduction to term loan	0.1		0.1
Troubled Debt Restructuring	'		'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'
Loan loss provision	1.7		1.7
CMR Properties, LLC and CM Resort, LLC (one ski property)	'		'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'
Loan loss provision	1.8		'
PARC Myrtle Waves, LLC (one attractions property)	'		'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'		'
Interest Rate	7.50%	[1],[2]	'
Loan loss provision	$1.30		'
[1]	In December 2013, one of the Company's borrowers approached the Company about modifying the terms of their debt service payments due to its current financial challenges. In anticipation of providing payment concessions to the borrower , the Company recorded a loan loss provision of approximately $1.8 million representing the difference between the expected future cash flows discounted at the original loan's effective interest rate and the net carrying value of the loan. In addition, the Company expects to foreclose on an attractions property that serves as collateral on one of its other existing loans and recorded a loan loss provision of approximately $1.3 million based on the estimated fair value of the collateral.
[2]	In December 2013, one of the Company's borrowers approached the Company about modifying the terms of their debt service payments due to its current financial challenges. In anticipation of providing payment concessions to the borrower, the Company recorded a loan loss provision of approximately $1.8 million representing the difference between the expected future cash flows discounted at the original loan's effective interest rate and the net carrying value of the loan. In addition, the Company expects to foreclose on an attractions property that serves as collateral on one of its other existing loans and recorded a loan loss provision of approximately $1.3 million based on the estimated fair value of the collateral.

Mortgages_and_Other_Notes_Rece4

Mortgages and Other Notes Receivable, net - Additional Information (Detail) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Millions, unless otherwise specified
Receivables [Line Items]	'	'
Estimated fair market value of company's mortgages and other notes receivable	$112.20	$119.30
Outstanding loan balance on unrelated VIEs	$16.60	$16.50

Future_Principal_Maturities_fo

Future Principal Maturities for Mortgages and other Notes Receivable (Detail) (USD $)	Dec. 31, 2013
In Thousands, unless otherwise specified
Receivables [Line Items]	'
2014	$82,227
2015	57
2016	11,003
2017	109
2018	118
Thereafter	23,500
Total	$117,014

Schedule_of_Mortgages_and_Othe

Schedule of Mortgages and Other Notes Payable (Detail) (USD $)

Dec. 31, 2013

Dec. 31, 2012

Apr. 30, 2011

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, 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, 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, 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, 2013

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Variable Rate Debt

Variable Rate Debt

Variable Rate Debt

Variable Rate Debt

Variable Rate Debt

Variable Rate Debt

Variable Rate Debt

Variable Rate Debt

Variable Rate Debt

Variable Rate Debt

Variable Rate Debt

Variable Rate Debt

Variable Rate Debt

Variable Rate Debt

Variable Rate Debt

Variable Rate Debt

Fixed Rate Debt

Fixed Rate Debt

Fixed Rate Debt

Fixed Rate Debt

Fixed Rate Debt

Fixed Rate Debt

Fixed Rate Debt

Fixed Rate Debt

Fixed Rate Debt

Fixed Rate Debt

Fixed Rate Debt

Fixed Rate Debt

Fixed Rate Debt

Fixed Rate Debt

Fixed Rate Debt

Fixed Rate Debt

Fixed Rate Debt

Fixed Rate Debt

Fixed Rate Debt

Fixed Rate Debt

Fixed Rate Debt

Fixed Rate Debt

Fixed Rate Debt

Fixed Rate Debt

Fixed Rate Debt

Fixed Rate Debt

Fixed Rate Debt

Fixed Rate Debt

Fixed Rate Debt

Fixed Rate Debt

Fixed Rate Debt

Fixed Rate Debt

Fixed Rate Debt

Fixed Rate Debt

Fixed Rate Debt

Mortgage Debt One

Mortgage Debt One

Mortgage Debt Two

Mortgage Debt Two

Mortgage Debt Three

Mortgage Debt Three

Mortgage Debt Four

Mortgage Debt Four

Mortgage Debt Five

Mortgage Debt Five

Mortgage Debt Six

Mortgage Debt Six

Mortgage Debt Seven

Mortgage Debt Eight

Mortgage Debt One

Mortgage Debt One

Mortgage Debt Two

Mortgage Debt Two

Mortgage Debt Three

Mortgage Debt Three

Mortgage Debt Three

Mortgage Debt Three

Mortgage Debt Four

Mortgage Debt Four

Mortgage Debt Five

Mortgage Debt Five

Mortgage Debt Six

Mortgage Debt Six

Mortgage Debt Seven

Mortgage Debt Seven

Mortgage Debt Seven

Mortgage Debt Seven

Mortgage Debt Eight

Mortgage Debt Eight

Mortgage Debt Ten

Mortgage Debt Ten

Mortgage Debt Eleven

Mortgage Debt Eleven

Mortgage Debt Twelve

Mortgage Debt Twelve

Mortgage Debt Twelve

Mortgage Debt Twelve

Mortgage Debt Thirteen

Mortgage Debt Thirteen

Mortgage Debt Thirteen

Mortgage Debt Thirteen

Senior Notes

Minimum

Maximum

Minimum

Maximum

Minimum

Maximum

Minimum

Maximum

Debt Instrument [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Mortgage debt

$760,192,000

$649,002,000

'

$278,950,000

$152,710,000

$61,042,000

$62,856,000

$24,811,000

$25,000,000

$8,746,000

$9,070,000

$16,603,000

[1]

$18,434,000

$15,450,000

$16,350,000

$21,000,000

$21,000,000

$30,000,000

$101,298,000

'

'

$5,281,000

$5,418,000

$84,993,000

$88,146,000

$59,212,000

$60,631,000

'

'

$19,301,000

$19,639,000

$100,715,000

$105,039,000

$48,090,000

$50,635,000

$11,980,000

$12,560,000

'

'

$16,795,000

$17,205,000

$43,731,000

$44,552,000

$46,499,000

$46,499,000

$34,600,000

$34,600,000

'

'

$10,219,000

$11,602,000

'

'

'

Senior notes

'

'

400,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

396,550,000

396,550,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total fixed rate debt

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

877,966,000

893,076,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Mortgage debt, Gross

1,156,916,000

1,045,786,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Mortgage debt, Discount

-2,305,000

-2,684,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Mortgage debt, net

1,154,611,000

1,043,102,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Mortgage debt, Maturity Date

'

'

'

'

'

2-Jan-16

'

28-Aug-16

'

1-Sep-19

'

30-Nov-14

'

31-Dec-15

'

30-Nov-15

'

1-Apr-16

30-Jun-14

'

'

1-Mar-16

'

5-Feb-17

'

5-Oct-18

'

'

'

28-Sep-16

'

5-Apr-17

'

1-Mar-16

'

'

'

1-Sep-16

1-Dec-16

5-Oct-18

'

30-Apr-18

'

1-Jul-19

'

31-Dec-14

'

'

'

'

'

1-Nov-23

1-Apr-25

15-Apr-19

Mortgage Debt, interest rate terms

'

'

'

'

'

'30-day LIBOR + 1.3%

[2],[3]

'

'30-day LIBOR + 3.0%

[2],[3]

'

'30-day LIBOR + 3.3%

[2],[3]

'

'CDOR + 3.8%

[2],[3]

'

'30-day LIBOR + 4.5%

[2],[3]

'

'30-day LIBOR + 3.0%

[2]

'

'30-day LIBOR + 3.5%

[2]

'30-day LIBOR + 2.5%

[2],[4]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Mortgage Debt, interest rate basis point above reference rate

'

'

'

'

'

1.30%

[2],[3]

'

3.00%

[2],[3]

'

3.30%

[2],[3]

'

3.80%

[2],[3]

'

4.50%

[2],[3]

'

3.00%

[2]

'

3.50%

[2]

2.50%

[2],[4]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Mortgage Debt, stated interest rate

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

7.30%

'

6.10%

'

'

'

4.35%

4.50%

6.80%

'

6.10%

'

6.10%

'

'

'

6.30%

6.50%

4.40%

'

6.00%

'

3.79%

'

'

'

8.00%

9.50%

'

'

6.10%

6.40%

7.30%

Collateral

'

'

'

'

'

'1 multi-family residential property

'

'1 hotel property

'

'1 ski and mountain lifestyle property

'

'1 ski and mountain lifestyle property

'

'1 ski and mountain lifestyle property

'

'1 attractions property

'

'5 senior housing properties

'7 senior housing properties

'

'

'1 golf property

'

'19 golf properties and 1 ski lift attraction property

'

'8 senior housing properties

'

'

'

'1 attractions lifestyle property

'

'6 ski and mountain lifestyle properties

'

'2 hotel properties

'

'3 marina properties

'

'

'

'3 senior housing properties

'

'1 attraction property

'

'4 senior housing properties

'

'3 ski and mountain lifestyle properties

'

'

'

'1 attractions property

'

'

'

'

Approximate Carrying Value of Collateral

'

'

'

'

'

$74,700,000

'

$77,600,000

'

$20,800,000

'

$32,700,000

'

$32,400,000

'

$50,100,000

'

$40,800,000

$142,100,000

'

'

$6,700,000

'

$161,900,000

'

$91,900,000

'

'

'

$29,900,000

'

$214,200,000

'

$56,300,000

'

$35,200,000

'

'

'

$26,500,000

'

$110,200,000

'

$71,900,000

'

$105,200,000

'

'

'

$26,500,000

'

'

'

$1,088,500,000

[5]

[1]

Converted from Canadian dollars to U.S. dollars at the exchange rate in place as of the end of the year.

[2]

The 30-day LIBOR rate was approximately 0.2% as of December 31, 2013 and 2012, respectively. The 30-day CDOR rate was approximately 1.2% as of December 31, 2013 and 2012.

[3]

The Company has entered into interest rate swaps for these variable rate debts. See Note 11. "Derivative instruments and Hedging Activities" for additional information

[4]

In December 2013, the Company entered into a collateralized bridge loan agreement with a third-party lender in the amount of $115.0 million of which approximately $101.3 million was disbursed to the Company as of December 31, 2013. At maturity, the Company is require to pay the outstanding principal balance and all accrued and unpaid interest thereon. The Company has an option to extend the bridge loan for six months, provided certain terms and conditions are satisfied. In connection with obtaining the bridge loan, the Company recorded approximately $3.6 million in loan costs.

[5]

The Company issued $400.0 million senior notes which are guaranteed by certain of its properties. See "Item 2 - Properties" for additional information.

Schedule_of_Mortgages_and_Othe1

Schedule of Mortgages and Other Notes Payable (Parenthetical) (Detail) (USD $)	12 Months Ended								12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2013	Apr. 30, 2011	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013
					LIBOR	LIBOR	Canadian Dealer Offered Rate	Canadian Dealer Offered Rate	Bridge Loan
Debt Instrument [Line Items]	'	'	'	'	'	'	'	'	'
Interest Rate	'	'	'	'	0.20%	0.20%	1.20%	1.20%	'
Senior notes issued	'	'	'	$400,000,000	'	'	'	'	'
Mortgage debt	649,002,000	'	760,192,000	'	'	'	'	'	115,000,000
Distributions received by the Company	3,445,000	11,624,000	'	'	'	'	'	'	101,300,000
Loan cost	'	'	'	'	'	'	'	'	$3,600,000

Indebtedness_Additional_Inform

Indebtedness - Additional Information (Detail) (USD $)	12 Months Ended
	Dec. 31, 2013	Jul. 31, 2013	Dec. 31, 2012
Debt Instrument [Line Items]	'	'	'
Revolving line of credit borrowing capacity	$160,000,000	$125,000,000	'
Remaining line of credit borrowing capacity	'	119,700,000	'
Line of credit outstanding	50,000,000	'	95,000,000
Line of credit, maturity date	'2015-08	'	'
Senior notes covenant terms	150.00%	'	'
Minimum | Libor Plus	'	'	'
Debt Instrument [Line Items]	'	'	'
Line of credit, margin added over variable interest rate	3.00%	'	'
Minimum | Base Rate Plus	'	'	'
Debt Instrument [Line Items]	'	'	'
Line of credit, margin added over variable interest rate	2.00%	'	'
Maximum	'	'	'
Debt Instrument [Line Items]	'	'	'
Senior notes dividend term	95.00%	'	'
Maximum | Libor Plus	'	'	'
Debt Instrument [Line Items]	'	'	'
Line of credit, margin added over variable interest rate	3.75%	'	'
Maximum | Base Rate Plus	'	'	'
Debt Instrument [Line Items]	'	'	'
Line of credit, margin added over variable interest rate	2.75%	'	'
Carrying (Reported) Amount, Fair Value Disclosure	'	'	'
Debt Instrument [Line Items]	'	'	'
Estimated fair values of mortgages, other notes payable and line of credit	803,700,000	'	742,900,000
Estimated fair values of Senior notes	$410,400,000	'	$385,600,000

Schedule_of_Future_Principal_P

Schedule of Future Principal Payments and Maturities for indebtedness (Detail) (USD $)	Dec. 31, 2013
In Thousands, unless otherwise specified
Debt Instrument [Line Items]	'
2014	$173,854
2015	107,393
2016	198,568
2017	165,188
2018	110,048
Thereafter	451,865
Total	$1,206,916

Derivative_Instruments_and_Hed2

Derivative Instruments and Hedging Activities - Additional Information (Detail) (Interest Rate Swap)	12 Months Ended
	Dec. 31, 2013
	Derivative
Interest Rate Swap	'
Derivative [Line Items]	'
Number of interest rate swaps	5

Summary_of_Terms_and_Fair_Valu

Summary of Terms and Fair Values of Derivative Financial Instruments (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013		Dec. 31, 2012
Derivative [Line Items]	'		'
Strike	6.40%		'
Net Amount	($3,694)		($5,598)
Interest Rate Swap | Derivative Instrument 1 | Cash Flow Hedges	'		'
Derivative [Line Items]	'		'
Notional amount of Cash Flow Hedges	61,042		62,856
Strike	1.90%	[1]	'
Spread	1.30%	[1]	'
Trade Date	6-Dec-10		'
Maturity Date	2-Jan-16		'
Net Amount	-1,748		-2,423
Interest Rate Swap | Derivative Instrument 2 | Cash Flow Hedges	'		'
Derivative [Line Items]	'		'
Notional amount of Cash Flow Hedges	8,746		9,070
Strike	3.60%	[1]	'
Spread	3.30%	[1]	'
Trade Date	28-Sep-09		'
Maturity Date	1-Sep-19		'
Net Amount	-743		-1,238
Interest Rate Swap | Derivative Instrument 3 | Cash Flow Hedges	'		'
Derivative [Line Items]	'		'
Notional amount of Cash Flow Hedges	16,603	[2]	18,434	[2]
Strike	2.70%	[1],[2]	'
Spread	3.80%	[1]	'
Trade Date	1-Dec-09		'
Maturity Date	1-Dec-14		'
Net Amount	-233		-460
Interest Rate Swap | Derivative Instrument 4 | Cash Flow Hedges	'		'
Derivative [Line Items]	'		'
Notional amount of Cash Flow Hedges	15,450		16,350
Strike	2.20%	[1]	'
Spread	4.50%	[1]	'
Trade Date	13-Jan-11		'
Maturity Date	31-Dec-15		'
Net Amount	-524		-761
Interest Rate Swap | Derivative Instrument 5 | Cash Flow Hedges	'		'
Derivative [Line Items]	'		'
Notional amount of Cash Flow Hedges	24,811		25,000
Strike	1.30%	[1]	'
Spread	3.00%	[1]	'
Trade Date	30-Aug-11		'
Maturity Date	28-Aug-16		'
Net Amount	($446)		($716)
[1]	The strike rate does not include the credit spread on each of the notional amounts.
[2]	The Company swapped the interest rate on its $20.0 million loan denominated in Canadian dollars to a fixed interest rate of 6.4%. The notional amount has been converted from Canadian dollars to U.S. dollars at an exchange rate of 0.94 and 1.00 Canadian dollars for $1.00 U.S. dollar on December 31, 2013 and 2012, respectively.

Derivative_Financial_Instrumen

Derivative Financial Instruments Included in Other Liabilities (Detail) (USD $)	Dec. 31, 2013		Dec. 31, 2012
In Thousands, unless otherwise specified
Derivative [Line Items]	'		'
Net Amount	($3,694)		($5,598)
Interest Rate Swap | Derivative Instrument 1 | Cash Flow Hedges	'		'
Derivative [Line Items]	'		'
Notional amount of Cash Flow Hedges	61,042		62,856
Gross Amounts of Recognized Liabilities	-1,748		-2,423
Gross Amounts Offset in the Balance Sheets	'		'
Net Amounts of Liabilities Presented in the Balance Sheets	-1,748		-2,423
Gross Amounts Not Offset in the Balance Sheet, Financial Instruments	-1,748		-2,423
Gross Amounts Not Offset in the Balance Sheet, Cash Collateral	'		'
Net Amount	-1,748		-2,423
Interest Rate Swap | Derivative Instrument 2 | Cash Flow Hedges	'		'
Derivative [Line Items]	'		'
Notional amount of Cash Flow Hedges	8,746		9,070
Gross Amounts of Recognized Liabilities	-743		-1,238
Gross Amounts Offset in the Balance Sheets	'		'
Net Amounts of Liabilities Presented in the Balance Sheets	-743		-1,238
Gross Amounts Not Offset in the Balance Sheet, Financial Instruments	-743		-1,238
Gross Amounts Not Offset in the Balance Sheet, Cash Collateral	'		'
Net Amount	-743		-1,238
Interest Rate Swap | Derivative Instrument 3 | Cash Flow Hedges	'		'
Derivative [Line Items]	'		'
Notional amount of Cash Flow Hedges	16,603	[1]	18,434	[1]
Gross Amounts of Recognized Liabilities	-233		-460
Gross Amounts Offset in the Balance Sheets	'		'
Net Amounts of Liabilities Presented in the Balance Sheets	-233		-460
Gross Amounts Not Offset in the Balance Sheet, Financial Instruments	-233		-460
Gross Amounts Not Offset in the Balance Sheet, Cash Collateral	'		'
Net Amount	-233		-460
Interest Rate Swap | Derivative Instrument 4 | Cash Flow Hedges	'		'
Derivative [Line Items]	'		'
Notional amount of Cash Flow Hedges	15,450		16,350
Gross Amounts of Recognized Liabilities	-524		-761
Gross Amounts Offset in the Balance Sheets	'		'
Net Amounts of Liabilities Presented in the Balance Sheets	-524		-761
Gross Amounts Not Offset in the Balance Sheet, Financial Instruments	-524		-761
Gross Amounts Not Offset in the Balance Sheet, Cash Collateral	'		'
Net Amount	-524		-761
Interest Rate Swap | Derivative Instrument 5 | Cash Flow Hedges	'		'
Derivative [Line Items]	'		'
Notional amount of Cash Flow Hedges	24,811		25,000
Gross Amounts of Recognized Liabilities	-446		-716
Gross Amounts Offset in the Balance Sheets	'		'
Net Amounts of Liabilities Presented in the Balance Sheets	-446		-716
Gross Amounts Not Offset in the Balance Sheet, Financial Instruments	-446		-716
Gross Amounts Not Offset in the Balance Sheet, Cash Collateral	'		'
Net Amount	($446)		($716)
[1]	The Company swapped the interest rate on its $20.0 million loan denominated in Canadian dollars to a fixed interest rate of 6.4%. The notional amount has been converted from Canadian dollars to U.S. dollars at an exchange rate of 0.94 and 1.00 Canadian dollars for $1.00 U.S. dollar on December 31, 2013 and 2012, respectively.

Derivative_Financial_Instrumen1

Derivative Financial Instruments Included in Other Liabilities (Parenthetical) (Detail) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Derivative [Line Items]	'	'
Loan denominated in Canadian dollars	$20,000,000	'
Fixed interest rate	6.40%	'
U.S. exchange rate for Canadian dollars	0.94	1
Foreign currency exchange rate conversion to dollars	$1	$1

Fair_Value_Measurements_Additi

Fair Value Measurements - Additional Information (Detail)	Dec. 31, 2013
	Property
Fair Value Measurements Disclosure [Line Items]	'
Number of investment property	5

Fair_Value_of_Financial_Assets

Fair Value of Financial Assets and Liabilities Carried at Fair Value (Detail) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Assets:	'	'
Assets held for sale carried at fair value	$90,794	$5,743
Liabilities:	'	'
Derivative instruments	3,694	5,598
Level 2	'	'
Liabilities:	'	'
Derivative instruments	3,694	5,598
Level 3	'	'
Assets:	'	'
Assets held for sale carried at fair value	$90,794	$5,743

Components_of_Deferred_Taxes_D

Components of Deferred Taxes (Detail) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Deferred Income Tax Asset [Line Items]	'	'
Net operating losses	$101,277	$94,096
Book/tax differences in deferred income	2,834	2,101
Book/tax differences in acquired assets	-53,412	-47,739
Total deferred tax asset	50,699	48,458
Valuation allowance	-50,699	-48,458
Total deferred tax asset, net	'	'

Income_Taxes_Additional_Inform

Income Taxes - Additional Information (Detail) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Millions, unless otherwise specified
Income Tax [Line Items]	'	'
Net operating loss carry-forwards	$250	$233.20

Estimated_Net_Operating_Loss_C

Estimated Net Operating Loss Carry-Forwards (Detail) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Operating Loss Carryforwards [Line Items]	'	'
Net operating loss carry-forwards	$250,000	$233,200
2025	'	'
Operating Loss Carryforwards [Line Items]	'	'
Net operating loss carry-forwards	1,600	'
2026	'	'
Operating Loss Carryforwards [Line Items]	'	'
Net operating loss carry-forwards	5,600	'
2027	'	'
Operating Loss Carryforwards [Line Items]	'	'
Net operating loss carry-forwards	26,700	'
2028	'	'
Operating Loss Carryforwards [Line Items]	'	'
Net operating loss carry-forwards	44,900	'
2029	'	'
Operating Loss Carryforwards [Line Items]	'	'
Net operating loss carry-forwards	48,000	'
2030	'	'
Operating Loss Carryforwards [Line Items]	'	'
Net operating loss carry-forwards	39,700	'
2031	'	'
Operating Loss Carryforwards [Line Items]	'	'
Net operating loss carry-forwards	32,100	'
2032	'	'
Operating Loss Carryforwards [Line Items]	'	'
Net operating loss carry-forwards	34,600	'
2033	'	'
Operating Loss Carryforwards [Line Items]	'	'
Net operating loss carry-forwards	$16,800	'

Related_Party_Arrangements_Add

Related Party Arrangements - Additional Information (Detail) (USD $)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2011	Apr. 30, 2013
In Millions, unless otherwise specified			Selling Commissions	Marketing support fee and due diligence expense reimbursements	Affiliated Entity
Related Party Transaction [Line Items]	'	'	'	'	'
Commission paid on sale of property	'	'	'	'	$0.20
Fees to related parties	'	'	12.9	5.5	'
Deposits at bank	$8.60	$5.50	'	'	'

Adviser_and_Former_Adviser_Ear

Adviser and Former Adviser Earned Fees and Incurred Reimbursable Expenses (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013		Dec. 31, 2012		Dec. 31, 2011
Acquisition fees:	'		'		'
Acquisition fees from offering proceeds	$1,286	[1]	$1,785	[1]	$7,244	[1]
Acquisition fees from debt proceeds	3,273	[2]	5,235	[2]	22,009	[2]
Total	4,559		7,020		29,253
Asset management fees	34,683	[3]	35,725	[3]	31,802	[3]
Reimbursable expenses:	'		'		'
Offering costs	'		'		1,251	[4],[5]
Acquisition costs	252	[4],[6]	409	[4],[6]	378	[4],[6]
Operating expenses	7,246	[4],[7]	8,002	[4],[7]	11,419	[4],[7]
Total	7,498	[4]	8,411	[4]	13,048	[4]
Total fees earned and reimbursable expenses	$46,740		$51,156		$74,103
[1]	Acquisition fees are paid for services in connection with the selection, purchase, development or construction of real property. The fees are generally equal to 3.0% of gross offering proceeds from the sale of the Company's common stock including proceeds from shares sold under its distribution reinvestment plan ("DRP"). These amounts are recorded as acquisition fees and costs in the accompanying consolidated statements of operations.
[2]	Acquisition fees from debt proceeds are paid for services in connection with the incurrence of indebtedness, including the Company's pro-rata share of joint venture indebtedness. The fees are generally equal to 3.0% of loan proceeds. These amounts are recorded as loan costs and are included as part of other assets in the accompanying consolidated balance sheets.
[3]	Asset management fees are equal to 0.08334% per month of the Company's real estate asset value, which is generally the amount actually paid or allocated to the purchase, development, construction or improvement of a property, and the outstanding principal amount of any mortgage note receivable as of the end of the preceding month. These amounts are recorded as asset management fees to advisor in the accompanying consolidated statements of operations.
[4]	The Advisor and its affiliates are entitled to reimbursement of certain expenses incurred on behalf of the Company in connection with the Company's organization, offering, acquisitions, and operating activities. Pursuant to the advisory agreement, the Company will not reimburse the Advisor for any amount by which total operating expenses paid or incurred by the Company exceed the greater of 2.0% of average invested assets or 25.0% of net income (the "Expense Cap") in any expense year, as defined in the advisory agreement. For the expense years ended December 31, 2013, 2012 and 2011, operating expenses did not exceed the Expense Cap. Amount representing offering costs are recorded as part of stock issuance and offering costs in the accompanying consolidated statements of stockholders' equity. Amounts representing acquisition costs are recorded as part of acquisition fees and costs in the accompanying consolidated statements of operations. Amounts representing operating expenses are recorded as part of general and administrative expenses in the accompanying consolidated statements of operations.
[5]	Includes approximately $0.1 million for reimbursable offering costs to the Advisor for services provided to the Company for its executive officers during the year ended December 31, 2011. The reimbursable expenses include components of salaries, benefits and other overhead charges. No such reimbursable costs were incurred during the years ended December 31, 2013 and 2012
[6]	Includes approximately $0.1 million for reimbursable expenses to the Advisor for services provided to the Company for its executive officers during each of the years ended December 31, 2013 and 2012. The reimbursable expenses include components of salaries, benefits and other overhead charges. No such reimbursable expenses were incurred during the year ended December 31, 2011.
[7]	Includes approximately $0.6 million, $0.5 million and $0.8 million for reimbursable expenses to the Advisor for services provided to the Company for its executive officers during the years ended December 31, 2013, 2012 and 2011, respectively. The reimbursable expenses include components of salaries, benefits and other overhead charges.

Adviser_and_Former_Adviser_Ear1

Adviser and Former Adviser Earned Fees and Incurred Reimbursable Expenses (Parenthetical) (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013		Dec. 31, 2012		Dec. 31, 2011
Related Party Transaction [Line Items]	'		'		'
Acquisition fee as a percentage of offering proceeds	3.00%		'		'
Asset management fee as a percentage of real estate asset value	0.08%		'		'
Offering costs	'		'		$1,251	[1],[2]
Acquisition costs	252	[1],[3]	409	[1],[3]	378	[1],[3]
Operating expenses	7,246	[1],[4]	8,002	[1],[4]	11,419	[1],[4]
As percentage of average invested assets	'		'		'
Related Party Transaction [Line Items]	'		'		'
Maximum reimbursement of expenses, percent	2.00%		'		'
As percentage of net income	'		'		'
Related Party Transaction [Line Items]	'		'		'
Maximum reimbursement of expenses, percent	25.00%		'		'
Executive Officers	'		'		'
Related Party Transaction [Line Items]	'		'		'
Offering costs	0		0		100
Acquisition costs	100		100		0
Operating expenses	$600		$500		$800
[1]	The Advisor and its affiliates are entitled to reimbursement of certain expenses incurred on behalf of the Company in connection with the Company's organization, offering, acquisitions, and operating activities. Pursuant to the advisory agreement, the Company will not reimburse the Advisor for any amount by which total operating expenses paid or incurred by the Company exceed the greater of 2.0% of average invested assets or 25.0% of net income (the "Expense Cap") in any expense year, as defined in the advisory agreement. For the expense years ended December 31, 2013, 2012 and 2011, operating expenses did not exceed the Expense Cap. Amount representing offering costs are recorded as part of stock issuance and offering costs in the accompanying consolidated statements of stockholders' equity. Amounts representing acquisition costs are recorded as part of acquisition fees and costs in the accompanying consolidated statements of operations. Amounts representing operating expenses are recorded as part of general and administrative expenses in the accompanying consolidated statements of operations.
[2]	Includes approximately $0.1 million for reimbursable offering costs to the Advisor for services provided to the Company for its executive officers during the year ended December 31, 2011. The reimbursable expenses include components of salaries, benefits and other overhead charges. No such reimbursable costs were incurred during the years ended December 31, 2013 and 2012
[3]	Includes approximately $0.1 million for reimbursable expenses to the Advisor for services provided to the Company for its executive officers during each of the years ended December 31, 2013 and 2012. The reimbursable expenses include components of salaries, benefits and other overhead charges. No such reimbursable expenses were incurred during the year ended December 31, 2011.
[4]	Includes approximately $0.6 million, $0.5 million and $0.8 million for reimbursable expenses to the Advisor for services provided to the Company for its executive officers during the years ended December 31, 2013, 2012 and 2011, respectively. The reimbursable expenses include components of salaries, benefits and other overhead charges.

Amounts_Due_to_Affiliates_for_

Amounts Due to Affiliates for Fees and Expenses (Detail) (USD $)	Dec. 31, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified
Related Party Transaction [Line Items]	'	'
Total due to affiliates	$1,025	$986
Asset Management Fees	'	'
Related Party Transaction [Line Items]	'	'
Total due to affiliates	'	14
Operating expenses	'	'
Related Party Transaction [Line Items]	'	'
Total due to affiliates	671	509
Acquisition fees and expenses	'	'
Related Party Transaction [Line Items]	'	'
Total due to affiliates	$354	$463

Stockholders_Equity_Additional

Stockholders' Equity - Additional Information (Detail) (USD $)

1 Months Ended

3 Months Ended

12 Months Ended

1 Months Ended

12 Months Ended

Aug. 31, 2012

Dec. 31, 2012

Sep. 30, 2012

Jun. 30, 2012

Mar. 31, 2012

Jun. 30, 2010

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Aug. 09, 2012

Mar. 31, 2014

Aug. 31, 2012

Dec. 31, 2013

Subsequent Event

Reinvestment Plan

Reinvestment Plan

Stockholders Equity Note [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

Estimated net asset value per share

'

'

'

'

'

'

'

'

'

$7.31

$6.85

'

'

Common stock issued, per share

'

'

'

'

'

'

'

'

'

'

'

$6.95

'

Discount on estimated fair value

'

'

'

'

'

'

'

'

'

'

'

5.00%

'

Offering proceeds

'

'

'

'

'

'

'

'

$187,555,000

'

'

'

$54,900,000

Shares subscribed, shares

'

'

'

'

'

'

'

'

'

'

'

'

7,900,000

Common stock shares

'

'

'

'

'

'

'

'

26,300,000

'

'

'

'

Dollar value of shares in offering pursuant to Distribution Reinvestment Plan

'

'

'

'

'

'

'

'

250,000,000

'

'

'

'

Minimum distribution as a percentage of REIT taxable income

'

'

'

'

'

'

90.00%

90.00%

90.00%

'

'

'

'

Declared and paid distributions

'

'

'

'

'

'

135,500,000

163,700,000

188,400,000

'

'

'

'

Declared and paid distributions, per share

'

'

'

'

'

'

$0.43

$0.53

$0.63

'

'

'

'

Distributions paid, percentage taxable

'

0.00%

'

'

'

'

29.30%

0.00%

0.00%

'

'

'

'

Return of capital ,percentage

'

'

'

'

'

'

70.70%

100.00%

100.00%

'

'

'

'

Approved redemption of shares

$3,000,000

$1,750,000

$1,750,000

$1,750,000

$1,750,000

$7,500,000

'

'

'

'

'

'

'

Minimum percentage of shares that may be redeemed

'

'

'

'

'

'

25.00%

'

'

'

'

'

'

Schedule_of_Pending_Redemption

Schedule of Pending Redemption Request (Detail) (USD $)	3 Months Ended																12 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
Stockholders Equity Note [Line Items]	'		'		'		'		'		'		'		'		'		'
Requests in queue	10,312		10,109		9,962		9,726		8,856		8,512		7,763		6,419		9,726		6,419
Redemptions requested	696		685		825		716		1,535		1,064		1,010		1,574		2,922		5,183
Shares redeemed:	'		'		'		'		'		'		'		'		'		'
Prior period requests	-190		-77		-70		-213		-98		-245		-177		-4		-550		-524
Current period requests	-223		-329		-351		-192		-319		-158		'		-172		-1,095		-649
Adjustments	-48	[1]	-76	[1]	-257	[1]	-75	[1]	-248	[1]	-317	[1]	-84	[1]	-54	[1]	-456	[1]	-703	[1]
Pending redemption requests	10,547	[2]	10,312	[2]	10,109	[2]	9,962	[2]	9,726	[2]	8,856	[2]	8,512	[2]	7,763	[2]	10,547	[2]	9,726	[2]
Average price paid per share	$7.26		$7.29		$7.30		$7.31		$7.30		$7.31		$9.92		$9.92		$7.29		$8.06
[1]	This amount represents redemption request cancellations and other adjustments.
[2]	Requests that are not fulfilled in whole during a particular quarter will be redeemed on a pro rata basis to the extent funds are made available pursuant to the redemption plan.

Concentrations_of_Risk_Additio

Concentrations of Risk - Additional Information (Detail) (USD $)	12 Months Ended			36 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2013
	Customer	Customer		Customer
Concentration Risk [Line Items]	'	'	'	'
Number of tenants accounted for 10% or more of aggregate assets	0	1	'	'
Number of tenants accounted for 10% or more of revenues	'	'	'	0
Number and Type of Leased Properties	'	'32 golf facilities	'	'
Interest income from tenants	$0.20	$0.20	$0.50	'
Evergreen Alliance Golf Limited, L.P. | Assets, Total	'	'	'	'
Concentration Risk [Line Items]	'	'	'	'
Concentration Percentage	'	10.10%	'	'

Schedule_of_Future_Obligations

Schedule of Future Obligations under Ground Leases and Land Permits (Detail) (USD $)	Dec. 31, 2013
In Thousands, unless otherwise specified
Operating Leases Future Minimum Payments Due [Line Items]	'
2014	$15,677
2015	15,677
2016	15,527
2017	15,504
2018	15,504
Thereafter	224,815
Total	$302,704

Quarterly_Financial_Data_Detai

Quarterly Financial Data (Detail) (USD $)	3 Months Ended																12 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
Quarterly Financial Data [Line Items]	'		'		'		'		'		'		'		'		'		'		'
Total revenues	$101,147		$176,024	[1]	$131,107		$104,523		$94,426	[1]	$173,041		$117,849		$87,226		$512,801		$472,542		$409,745
Operating income (loss)	-217,360		36,713	[1]	-45,123		-4,073		-37,398	[1]	39,633		-6,046		-9,236		-229,843		-13,047		5,402
Equity in earnings (loss) of unconsolidated entities	2,518		4,147	[1]	6,159		-1,123		-253	[1]	2,266		2,277		1,231		11,701		5,521		1,022
Income (loss) from continuing operations	-232,666		81,680	[1]	-56,897		-22,647		-53,539	[1]	24,193		-20,014		-23,797		-230,530		-73,157		-52,488
Discontinued operations	-19,662	[2]	-3,387	[1],[2]	1,693	[2]	-653	[2]	-1,462	[1],[2]	-579	[2]	71	[2]	-946	[2]	-22,009	[2]	-2,916	[2]	-17,122
Net income (loss)	($252,329)		$78,293	[1]	($55,204)		($23,299)		($55,001)	[1]	$23,613		($19,942)		($24,743)		($252,539)		($76,073)		($69,610)
Weighted average number of shares outstanding (basic and diluted)	321,063		319,507	[1]	317,959		316,382		314,858	[1]	313,250		311,860		309,235		318,742		312,309		'
Earnings (loss) per share of common stock (basic and diluted)	($0.79)		$0.24	[1]	($0.17)		($0.07)		($0.18)	[1]	$0.08		($0.06)		($0.08)		($0.79)		($0.24)		($0.23)
[1]	Includes impact from out of period adjustments as described in "Footnote 2 - Significant Accounting Policies".
[2]	The Company classified certain properties as assets held for sale and reclassified the results related to those properties to discontinued operations for all periods presented.

Impact_of_Revisions_of_Present

Impact of Revisions of Presentation of Changes in Other Comprehensive Income (Loss) (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Error Corrections and Prior Period Adjustments Revision [Line Items]	'	'	'
Total comprehensive loss	($250,584)	($74,282)	($73,425)
As reported	'	'	'
Error Corrections and Prior Period Adjustments Revision [Line Items]	'	'	'
Total comprehensive loss	'	($76,073)	($69,610)

Consolidating_Balance_Sheet_De

Consolidating Balance Sheet (Detail) (USD $)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
In Thousands, unless otherwise specified
Assets	'	'	'	'
Real estate investment properties, net	$2,068,973	$2,176,357	'	'
Investments in unconsolidated entities	132,324	287,339	'	'
Mortgages and other notes receivable, net	117,963	124,730	'	'
Assets held for sale, net	90,794	5,743	'	'
Cash	71,574	73,224	162,839	200,517
Deferred rent and lease incentives	57,378	109,507	'	'
Other assets	52,310	63,655	'	'
Restricted cash	51,335	40,316	'	'
Intangibles, net	36,922	35,457	'	'
Accounts and other receivables, net	21,080	21,700	'	'
Total Assets	2,700,653	2,938,028	'	'
LIABILITIES AND STOCKHOLDERS' EQUITY	'	'	'	'
Mortgages and other notes payable	760,192	649,002	'	'
Senior notes, net of discount	394,419	394,100	'	'
Other liabilities	76,816	47,445	'	'
Line of credit	50,000	95,000	'	'
Accounts payable and accrued expenses	49,823	40,064	'	'
Due to affiliates	1,025	986	'	'
Total Liabilities	1,332,275	1,226,597	'	'
Commitments and contingencies	'	'	'	'
Stockholders' equity:	'	'	'	'
Preferred stock, $.01 par value per share	'	'	'	'
Excess shares, $.01 par value per share	'	'	'	'
Common stock, $.01 par value per share	3,226	3,164	'	'
Capital in excess of par value	2,846,265	2,803,346	'	'
Accumulated earnings (deficit)	-401,985	-149,446	'	'
Accumulated distributions	-1,073,422	-937,972	'	'
Accumulated other comprehensive loss	-5,706	-7,661	'	'
Total Stockholders' Equity	1,368,378	1,711,431	1,889,980	1,931,040
Total Liabilities and Stockholders' Equity	2,700,653	2,938,028	'	'
Issuer	'	'	'	'
Assets	'	'	'	'
Investments in subsidiaries	1,726,328	2,061,102	'	'
Cash	37,668	39,219	134,608	191,410
Other assets	11,355	13,967	'	'
Restricted cash	33	46	'	'
Total Assets	1,775,384	2,114,334	'	'
LIABILITIES AND STOCKHOLDERS' EQUITY	'	'	'	'
Senior notes, net of discount	394,419	394,100	'	'
Accounts payable and accrued expenses	11,584	7,857	'	'
Due to affiliates	1,003	946	'	'
Total Liabilities	407,006	402,903	'	'
Commitments and contingencies	'	'	'	'
Stockholders' equity:	'	'	'	'
Preferred stock, $.01 par value per share	'	'	'	'
Excess shares, $.01 par value per share	'	'	'	'
Common stock, $.01 par value per share	3,226	3,164	'	'
Capital in excess of par value	2,846,265	2,803,346	'	'
Accumulated earnings (deficit)	-401,985	-149,446	'	'
Accumulated distributions	-1,073,422	-937,972	'	'
Accumulated other comprehensive loss	-5,706	-7,661	'	'
Total Stockholders' Equity	1,368,378	1,711,431	'	'
Total Liabilities and Stockholders' Equity	1,775,384	2,114,334	'	'
Guarantor Subsidiaries	'	'	'	'
Assets	'	'	'	'
Real estate investment properties, net	846,914	1,066,297	'	'
Investments in unconsolidated entities	132,324	287,339	'	'
Investments in subsidiaries	1,150,443	1,208,475	'	'
Mortgages and other notes receivable, net	45,947	38,987	'	'
Assets held for sale, net	6,106	5,743	'	'
Cash	15,671	14,125	11,268	2,471
Deferred rent and lease incentives	29,839	86,752	'	'
Other assets	15,829	16,057	'	'
Restricted cash	26,595	20,009	'	'
Intangibles, net	18,094	16,481	'	'
Accounts and other receivables, net	12,241	11,939	'	'
Total Assets	2,300,003	2,772,204	'	'
LIABILITIES AND STOCKHOLDERS' EQUITY	'	'	'	'
Mortgages and other notes payable	246,295	255,942	'	'
Other liabilities	33,447	23,533	'	'
Line of credit	50,000	95,000	'	'
Accounts payable and accrued expenses	13,526	12,306	'	'
Due to affiliates	8	3	'	'
Total Liabilities	343,276	386,784	'	'
Commitments and contingencies	'	'	'	'
Stockholders' equity:	'	'	'	'
Preferred stock, $.01 par value per share	'	'	'	'
Excess shares, $.01 par value per share	'	'	'	'
Capital in excess of par value	6,027,607	5,389,388	'	'
Accumulated earnings (deficit)	58,777	313,032	'	'
Accumulated distributions	-4,129,657	-3,317,000	'	'
Total Stockholders' Equity	1,956,727	2,385,420	'	'
Total Liabilities and Stockholders' Equity	2,300,003	2,772,204	'	'
Non-Guarantor Subsidiaries	'	'	'	'
Assets	'	'	'	'
Real estate investment properties, net	1,222,059	1,110,060	'	'
Investments in subsidiaries	1,865,714	2,684,880	'	'
Mortgages and other notes receivable, net	114,469	121,190	'	'
Assets held for sale, net	84,688	'	'	'
Cash	18,235	19,880	16,963	6,636
Deferred rent and lease incentives	27,539	22,755	'	'
Other assets	25,126	33,631	'	'
Restricted cash	24,707	20,261	'	'
Intangibles, net	18,828	18,976	'	'
Accounts and other receivables, net	8,839	9,761	'	'
Total Assets	3,410,204	4,041,394	'	'
LIABILITIES AND STOCKHOLDERS' EQUITY	'	'	'	'
Mortgages and other notes payable	555,433	426,127	'	'
Other liabilities	43,369	23,912	'	'
Accounts payable and accrued expenses	25,630	22,281	'	'
Due to affiliates	14	37	'	'
Total Liabilities	624,446	472,357	'	'
Commitments and contingencies	'	'	'	'
Stockholders' equity:	'	'	'	'
Preferred stock, $.01 par value per share	'	'	'	'
Excess shares, $.01 par value per share	'	'	'	'
Capital in excess of par value	8,700,131	7,846,451	'	'
Accumulated earnings (deficit)	9,853	338,888	'	'
Accumulated distributions	-5,918,520	-4,608,641	'	'
Accumulated other comprehensive loss	-5,706	-7,661	'	'
Total Stockholders' Equity	2,785,758	3,569,037	'	'
Total Liabilities and Stockholders' Equity	3,410,204	4,041,394	'	'
Consolidating Adjustments	'	'	'	'
Assets	'	'	'	'
Investments in subsidiaries	-4,742,485	-5,954,457	'	'
Mortgages and other notes receivable, net	-42,453	-35,447	'	'
Total Assets	-4,784,938	-5,989,904	'	'
LIABILITIES AND STOCKHOLDERS' EQUITY	'	'	'	'
Mortgages and other notes payable	-41,536	-33,067	'	'
Accounts payable and accrued expenses	-917	-2,380	'	'
Total Liabilities	-42,453	-35,447	'	'
Commitments and contingencies	'	'	'	'
Stockholders' equity:	'	'	'	'
Preferred stock, $.01 par value per share	'	'	'	'
Excess shares, $.01 par value per share	'	'	'	'
Capital in excess of par value	-14,727,738	-13,235,839	'	'
Accumulated earnings (deficit)	-68,630	-651,920	'	'
Accumulated distributions	10,048,177	7,925,641	'	'
Accumulated other comprehensive loss	5,706	7,661	'	'
Total Stockholders' Equity	-4,742,485	-5,954,457	'	'
Total Liabilities and Stockholders' Equity	($4,784,938)	($5,989,904)	'	'

Consolidating_Statement_of_Ope

Consolidating Statement of Operations (Detail) (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

Revenues:

'

'

'

'

'

'

'

'

'

'

'

Rental income from operating leases

'

'

'

'

'

'

'

'

$163,242

$159,682

$164,590

Property operating revenues

'

'

'

'

'

'

'

'

336,439

299,863

232,192

Interest income on mortgages and other notes receivable

'

'

'

'

'

'

'

'

13,120

12,997

12,963

Total revenues

101,147

176,024

[1]

131,107

104,523

94,426

[1]

173,041

117,849

87,226

512,801

472,542

409,745

Expenses:

'

'

'

'

'

'

'

'

'

'

'

Property operating expenses

'

'

'

'

'

'

'

'

262,062

238,978

193,716

Asset management fees to advisor

'

'

'

'

'

'

'

'

34,683

[2]

35,725

[2]

31,802

[2]

General and administrative

'

'

'

'

'

'

'

'

18,591

18,668

16,151

Ground lease and permit fees

'

'

'

'

'

'

'

'

15,356

14,482

14,575

Acquisition fees and costs

'

'

'

'

'

'

'

'

3,141

4,450

11,168

Other operating expenses

'

'

'

'

2,200

'

'

'

6,791

8,684

6,551

Bad debt expense

'

'

'

'

'

'

'

'

6,331

5,510

773

Impairment provision

'

'

'

'

'

'

'

'

248,268

10

3,199

(Gain) loss on lease terminations

'

'

'

'

'

'

'

'

-2,705

25,177

7,193

Loan loss provision

'

'

'

'

'

'

'

'

3,104

1,699

'

Depreciation and amortization

'

'

'

'

'

'

'

'

147,022

132,206

119,215

Total expenses

'

'

'

'

'

'

'

'

742,644

485,589

404,343

Operating income (loss)

-217,360

36,713

[1]

-45,123

-4,073

-37,398

[1]

39,633

-6,046

-9,236

-229,843

-13,047

5,402

Other income (expense):

'

'

'

'

'

'

'

'

'

'

'

Interest and other income

'

'

'

'

'

'

'

'

327

1,198

-216

Interest expense and loan cost amortization

'

'

'

'

'

'

'

'

-70,762

-66,825

-58,469

Bargain purchase gain

'

'

'

'

'

'

'

'

2,653

'

'

Gain (loss) on extinguishment of debt

'

'

'

'

'

'

'

'

'

-4

-227

Gain from sale of unconsolidated entities

'

'

'

'

'

'

'

'

55,394

'

'

Equity in earnings of unconsolidated entities

2,518

4,147

[1]

6,159

-1,123

-253

[1]

2,266

2,277

1,231

11,701

5,521

1,022

Total other income (expense)

'

'

'

'

'

'

'

'

-687

-60,110

-57,890

Income (loss) from continuing operations

-232,666

81,680

[1]

-56,897

-22,647

-53,539

[1]

24,193

-20,014

-23,797

-230,530

-73,157

-52,488

Income (loss) from discontinued operations (includes $1,655 amortization of loss on termination of cash flow hedges relating to a non-guarantor subsidiary)

-19,662

[3]

-3,387

[1],[3]

1,693

[3]

-653

[3]

-1,462

[1],[3]

-579

[3]

71

[3]

-946

[3]

-22,009

[3]

-2,916

[3]

-17,122

Net income (loss)

-252,329

78,293

[1]

-55,204

-23,299

-55,001

[1]

23,613

-19,942

-24,743

-252,539

-76,073

-69,610

Loan loss provision

'

'

'

'

'

'

'

'

'

'

'

Expenses:

'

'

'

'

'

'

'

'

'

'

'

Loan loss provision

'

'

'

'

'

'

'

'

'

'

3,199

Issuer

'

'

'

'

'

'

'

'

'

'

'

Expenses:

'

'

'

'

'

'

'

'

'

'

'

Asset management fees to advisor

'

'

'

'

'

'

'

'

34,683

35,725

31,802

General and administrative

'

'

'

'

'

'

'

'

15,359

15,672

14,524

Acquisition fees and costs

'

'

'

'

'

'

'

'

3,141

4,450

11,168

Other operating expenses

'

'

'

'

'

'

'

'

947

424

289

Total expenses

'

'

'

'

'

'

'

'

54,130

56,271

57,783

Operating income (loss)

'

'

'

'

'

'

'

'

-54,130

-56,271

-57,783

Other income (expense):

'

'

'

'

'

'

'

'

'

'

'

Interest and other income

'

'

'

'

'

'

'

'

211

104

322

Interest expense and loan cost amortization

'

'

'

'

'

'

'

'

-31,727

-31,607

-23,635

Gain (loss) on extinguishment of debt

'

'

'

'

'

'

'

'

'

'

647

Equity in earnings, intercompany

'

'

'

'

'

'

'

'

-166,893

11,701

10,839

Total other income (expense)

'

'

'

'

'

'

'

'

-198,409

-19,802

-11,827

Income (loss) from continuing operations

'

'

'

'

'

'

'

'

-252,539

-76,073

-69,610

Net income (loss)

'

'

'

'

'

'

'

'

-252,539

-76,073

-69,610

Guarantor Subsidiaries

'

'

'

'

'

'

'

'

'

'

'

Revenues:

'

'

'

'

'

'

'

'

'

'

'

Rental income from operating leases

'

'

'

'

'

'

'

'

90,826

94,093

103,428

Property operating revenues

'

'

'

'

'

'

'

'

94,500

82,198

66,941

Interest income on mortgages and other notes receivable

'

'

'

'

'

'

'

'

4,497

10,031

9,264

Total revenues

'

'

'

'

'

'

'

'

189,823

186,322

179,633

Expenses:

'

'

'

'

'

'

'

'

'

'

'

Property operating expenses

'

'

'

'

'

'

'

'

76,166

69,797

59,574

General and administrative

'

'

'

'

'

'

'

'

2,010

608

87

Ground lease and permit fees

'

'

'

'

'

'

'

'

10,162

9,559

10,177

Other operating expenses

'

'

'

'

'

'

'

'

2,216

4,945

2,149

Bad debt expense

'

'

'

'

'

'

'

'

3,186

3,099

469

Impairment provision

'

'

'

'

'

'

'

'

238,646

10

'

(Gain) loss on lease terminations

'

'

'

'

'

'

'

'

-3,938

18,050

7,714

Depreciation and amortization

'

'

'

'

'

'

'

'

66,096

61,904

61,019

Total expenses

'

'

'

'

'

'

'

'

394,544

167,972

144,388

Operating income (loss)

'

'

'

'

'

'

'

'

-204,721

18,350

35,245

Other income (expense):

'

'

'

'

'

'

'

'

'

'

'

Interest and other income

'

'

'

'

'

'

'

'

2,523

1,228

-337

Interest expense and loan cost amortization

'

'

'

'

'

'

'

'

-20,151

-19,448

-19,082

Gain from sale of unconsolidated entities

'

'

'

'

'

'

'

'

55,394

'

'

Equity in earnings of unconsolidated entities

'

'

'

'

'

'

'

'

11,701

5,521

1,022

Equity in earnings, intercompany

'

'

'

'

'

'

'

'

-100,275

15,804

6,494

Total other income (expense)

'

'

'

'

'

'

'

'

-50,808

3,105

-11,903

Income (loss) from continuing operations

'

'

'

'

'

'

'

'

-255,529

21,455

23,342

Income (loss) from discontinued operations (includes $1,655 amortization of loss on termination of cash flow hedges relating to a non-guarantor subsidiary)

'

'

'

'

'

'

'

'

1,271

-1,061

-15,214

Net income (loss)

'

'

'

'

'

'

'

'

-254,258

20,394

8,128

Guarantor Subsidiaries | Loan loss provision

'

'

'

'

'

'

'

'

'

'

'

Expenses:

'

'

'

'

'

'

'

'

'

'

'

Loan loss provision

'

'

'

'

'

'

'

'

'

'

3,199

Non-Guarantor Subsidiaries

'

'

'

'

'

'

'

'

'

'

'

Revenues:

'

'

'

'

'

'

'

'

'

'

'

Rental income from operating leases

'

'

'

'

'

'

'

'

72,416

65,589

61,162

Property operating revenues

'

'

'

'

'

'

'

'

241,939

217,665

165,251

Interest income on mortgages and other notes receivable

'

'

'

'

'

'

'

'

12,826

12,699

12,512

Total revenues

'

'

'

'

'

'

'

'

327,181

295,953

238,925

Expenses:

'

'

'

'

'

'

'

'

'

'

'

Property operating expenses

'

'

'

'

'

'

'

'

185,896

169,181

134,142

General and administrative

'

'

'

'

'

'

'

'

1,222

2,388

1,540

Ground lease and permit fees

'

'

'

'

'

'

'

'

5,194

4,923

4,398

Other operating expenses

'

'

'

'

'

'

'

'

3,628

3,315

4,113

Bad debt expense

'

'

'

'

'

'

'

'

3,145

2,411

304

Impairment provision

'

'

'

'

'

'

'

'

9,622

'

'

(Gain) loss on lease terminations

'

'

'

'

'

'

'

'

1,233

7,127

-521

Loan loss provision

'

'

'

'

'

'

'

'

3,104

1,699

'

Depreciation and amortization

'

'

'

'

'

'

'

'

80,926

70,302

58,196

Total expenses

'

'

'

'

'

'

'

'

293,970

261,346

202,172

Operating income (loss)

'

'

'

'

'

'

'

'

33,211

34,607

36,753

Other income (expense):

'

'

'

'

'

'

'

'

'

'

'

Interest and other income

'

'

'

'

'

'

'

'

-2,407

-134

-201

Interest expense and loan cost amortization

'

'

'

'

'

'

'

'

-23,087

-25,503

-24,565

Bargain purchase gain

'

'

'

'

'

'

'

'

2,653

'

'

Gain (loss) on extinguishment of debt

'

'

'

'

'

'

'

'

'

-4

-874

Equity in earnings, intercompany

'

'

'

'

'

'

'

'

-316,122

20,546

330

Total other income (expense)

'

'

'

'

'

'

'

'

-338,963

-5,095

-25,310

Income (loss) from continuing operations

'

'

'

'

'

'

'

'

-305,752

29,512

11,443

Income (loss) from discontinued operations (includes $1,655 amortization of loss on termination of cash flow hedges relating to a non-guarantor subsidiary)

'

'

'

'

'

'

'

'

-23,280

-1,855

-1,908

Net income (loss)

'

'

'

'

'

'

'

'

-329,032

27,657

9,535

Consolidating Adjustments

'

'

'

'

'

'

'

'

'

'

'

Revenues:

'

'

'

'

'

'

'

'

'

'

'

Interest income on mortgages and other notes receivable

'

'

'

'

'

'

'

'

-4,203

-9,733

-8,813

Total revenues

'

'

'

'

'

'

'

'

-4,203

-9,733

-8,813

Expenses:

'

'

'

'

'

'

'

'

'

'

'

Operating income (loss)

'

'

'

'

'

'

'

'

-4,203

-9,733

-8,813

Other income (expense):

'

'

'

'

'

'

'

'

'

'

'

Interest expense and loan cost amortization

'

'

'

'

'

'

'

'

4,203

9,733

8,813

Equity in earnings, intercompany

'

'

'

'

'

'

'

'

583,290

-48,051

-17,663

Total other income (expense)

'

'

'

'

'

'

'

'

587,493

-38,318

-8,850

Income (loss) from continuing operations

'

'

'

'

'

'

'

'

583,290

-48,051

-17,663

Net income (loss)

'

'

'

'

'

'

'

'

$583,290

($48,051)

($17,663)

[1]

Includes impact from out of period adjustments as described in "Footnote 2 - Significant Accounting Policies".

[2]

Asset management fees are equal to 0.08334% per month of the Company's real estate asset value, which is generally the amount actually paid or allocated to the purchase, development, construction or improvement of a property, and the outstanding principal amount of any mortgage note receivable as of the end of the preceding month. These amounts are recorded as asset management fees to advisor in the accompanying consolidated statements of operations.

[3]

The Company classified certain properties as assets held for sale and reclassified the results related to those properties to discontinued operations for all periods presented.

Consolidating_Statement_of_Ope1

Consolidating Statement of Operations (Parenthetical) (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Condensed Financial Statements, Captions [Line Items]	'	'	'
Termination of cash flow hedges	$1,655	$1,655	$1,626
Non-Guarantor Subsidiaries	'	'	'
Condensed Financial Statements, Captions [Line Items]	'	'	'
Termination of cash flow hedges	$1,655	'	$1,626

Consolidating_Statement_of_Com

Consolidating Statement of Comprehensive Income (loss) (Detail) (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

Condensed Consolidating Statement of Other Comprehensive Income (Loss) [Line Items]

'

'

'

'

'

'

'

'

'

'

'

Net income (loss)

($252,329)

$78,293

[1]

($55,204)

($23,299)

($55,001)

[1]

$23,613

($19,942)

($24,743)

($252,539)

($76,073)

($69,610)

Other comprehensive income (loss):

'

'

'

'

'

'

'

'

'

'

'

Foreign currency translation adjustments

'

'

'

'

'

'

'

'

-1,563

531

-585

Changes in fair value of cash flow hedges:

'

'

'

'

'

'

'

'

'

'

'

Amortization of loss on termination of cash flow hedges

'

'

'

'

'

'

'

'

1,655

1,655

1,626

Unrealized loss arising during the period

'

'

'

'

'

'

'

'

1,863

-395

-4,856

Total other comprehensive income (loss)

'

'

'

'

'

'

'

'

1,955

1,791

-3,815

Comprehensive income (loss)

'

'

'

'

'

'

'

'

-250,584

-74,282

-73,425

Issuer

'

'

'

'

'

'

'

'

'

'

'

Condensed Consolidating Statement of Other Comprehensive Income (Loss) [Line Items]

'

'

'

'

'

'

'

'

'

'

'

Net income (loss)

'

'

'

'

'

'

'

'

-252,539

-76,073

-69,610

Other comprehensive income (loss):

'

'

'

'

'

'

'

'

'

'

'

Foreign currency translation adjustments

'

'

'

'

'

'

'

'

-1,563

531

-585

Changes in fair value of cash flow hedges:

'

'

'

'

'

'

'

'

'

'

'

Amortization of loss on termination of cash flow hedges

'

'

'

'

'

'

'

'

1,655

1,655

1,626

Unrealized loss arising during the period

'

'

'

'

'

'

'

'

1,863

-395

-4,856

Total other comprehensive income (loss)

'

'

'

'

'

'

'

'

1,955

1,791

-3,815

Comprehensive income (loss)

'

'

'

'

'

'

'

'

-250,584

-74,282

-73,425

Guarantor Subsidiaries

'

'

'

'

'

'

'

'

'

'

'

Condensed Consolidating Statement of Other Comprehensive Income (Loss) [Line Items]

'

'

'

'

'

'

'

'

'

'

'

Net income (loss)

'

'

'

'

'

'

'

'

-254,258

20,394

8,128

Changes in fair value of cash flow hedges:

'

'

'

'

'

'

'

'

'

'

'

Comprehensive income (loss)

'

'

'

'

'

'

'

'

-254,258

20,394

8,128

Non-Guarantor Subsidiaries

'

'

'

'

'

'

'

'

'

'

'

Condensed Consolidating Statement of Other Comprehensive Income (Loss) [Line Items]

'

'

'

'

'

'

'

'

'

'

'

Net income (loss)

'

'

'

'

'

'

'

'

-329,032

27,657

9,535

Other comprehensive income (loss):

'

'

'

'

'

'

'

'

'

'

'

Foreign currency translation adjustments

'

'

'

'

'

'

'

'

-1,563

531

-585

Changes in fair value of cash flow hedges:

'

'

'

'

'

'

'

'

'

'

'

Amortization of loss on termination of cash flow hedges

'

'

'

'

'

'

'

'

1,655

1,655

1,626

Unrealized loss arising during the period

'

'

'

'

'

'

'

'

1,863

-395

-4,856

Total other comprehensive income (loss)

'

'

'

'

'

'

'

'

1,955

1,791

-3,815

Comprehensive income (loss)

'

'

'

'

'

'

'

'

-327,077

29,448

5,720

Consolidating Adjustments

'

'

'

'

'

'

'

'

'

'

'

Condensed Consolidating Statement of Other Comprehensive Income (Loss) [Line Items]

'

'

'

'

'

'

'

'

'

'

'

Net income (loss)

'

'

'

'

'

'

'

'

583,290

-48,051

-17,663

Other comprehensive income (loss):

'

'

'

'

'

'

'

'

'

'

'

Foreign currency translation adjustments

'

'

'

'

'

'

'

'

1,563

-531

585

Changes in fair value of cash flow hedges:

'

'

'

'

'

'

'

'

'

'

'

Amortization of loss on termination of cash flow hedges

'

'

'

'

'

'

'

'

-1,655

-1,655

-1,626

Unrealized loss arising during the period

'

'

'

'

'

'

'

'

-1,863

395

4,856

Total other comprehensive income (loss)

'

'

'

'

'

'

'

'

-1,955

-1,791

3,815

Comprehensive income (loss)

'

'

'

'

'

'

'

'

$581,335

($49,842)

($13,848)

[1]

Includes impact from out of period adjustments as described in "Footnote 2 - Significant Accounting Policies".

Consolidating_Statement_of_Cas

Consolidating Statement of Cash Flows (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Operating activities:	'	'	'
Net cash provided by (used in) operating activities	$135,480	$87,893	$83,064
Investing activities:	'	'	'
Acquisition of properties	-244,859	-190,150	-149,692
Capital expenditures	-70,156	-69,675	-42,345
Investments in and contributions to unconsolidated entities	'	-3,776	-191,397
Proceeds from sale unconsolidated entities	195,446	'	'
Distribution from unconsolidated entities	'	3,445	11,624
Proceeds from release of collateral on loan payable	11,167	-11,167	'
Payment of collateral on loan payable	'	-11,167	'
Issuance of mortgage loans receivable	-83	-869	-5,760
Principal payments received on mortgage loans receivable	4,282	4,790	9,473
Proceeds from sale of properties	12,401	1,500	8,450
Other	-771	70	45
Changes in restricted cash	-10,357	-5,632	-13,406
Net cash provided by (used in) investing activities	-102,930	-271,464	-373,008
Financing activities:	'	'	'
Offering proceeds	'	'	187,555
Redemptions of common stock	-11,955	-9,590	-30,000
Distributions to stockholders, net of distribution reinvestments	-80,514	-94,677	-104,951
Stock issuance costs	'	'	-21,213
Proceeds from line of credit	100,000	170,000	'
Proceeds from mortgage loans and other notes payable	131,298	152,300	116,540
Proceeds from unsecured senior notes	'	'	396,996
Principal payments on line of credit	-145,000	-75,000	-58,000
Principal payments on mortgage loans	-18,800	-34,666	-204,800
Principal payments on capital leases	-4,152	-4,107	-3,967
Payment of loan costs	-5,017	-10,305	-25,662
Net cash provided by (used in) financing activities	-34,140	93,955	252,498
Effect of exchange rate fluctuation on cash	-60	1	-232
Net increase (decrease) in cash	-1,650	-89,615	-37,678
Cash at beginning of period	73,224	162,839	200,517
Cash at end of period	71,574	73,224	162,839
Issuer	'	'	'
Operating activities:	'	'	'
Net cash provided by (used in) operating activities	-78,930	-84,363	-78,842
Investing activities:	'	'	'
Changes in restricted cash	13	46	-92
Intercompany financing	169,835	93,222	-384,226
Net cash provided by (used in) investing activities	169,848	93,268	-384,318
Financing activities:	'	'	'
Offering proceeds	'	'	187,555
Redemptions of common stock	-11,955	-9,590	-30,000
Distributions to stockholders, net of distribution reinvestments	-80,514	-94,677	-104,951
Stock issuance costs	'	'	-21,213
Proceeds from unsecured senior notes	'	'	396,996
Principal payments on mortgage loans	'	'	-2,777
Payment of loan costs	'	-27	-19,252
Net cash provided by (used in) financing activities	-92,469	-104,294	406,358
Net increase (decrease) in cash	-1,551	-95,389	-56,802
Cash at beginning of period	39,219	134,608	191,410
Cash at end of period	37,668	39,219	134,608
Guarantor Subsidiaries	'	'	'
Operating activities:	'	'	'
Net cash provided by (used in) operating activities	108,523	90,996	85,894
Investing activities:	'	'	'
Capital expenditures	-27,462	-25,427	-20,202
Investments in and contributions to unconsolidated entities	'	-3,776	-191,397
Proceeds from sale unconsolidated entities	195,446	'	'
Distribution from unconsolidated entities	'	3,445	11,624
Principal payments received on mortgage loans receivable	-83	'	7,528
Proceeds from sale of properties	12,726	1,500	8,450
Other	23	63	100
Changes in restricted cash	-6,196	-2,892	-3,561
Net cash provided by (used in) investing activities	174,454	-27,087	-187,458
Financing activities:	'	'	'
Proceeds from line of credit	100,000	170,000	'
Proceeds from mortgage loans and other notes payable	'	45,000	20,411
Principal payments on line of credit	-145,000	-75,000	-58,000
Principal payments on mortgage loans	-8,263	-7,830	-145,623
Principal payments on capital leases	-2,372	-1,483	-2,065
Payment of loan costs	-307	-4,341	-2,314
Intercompany financing	-225,489	-187,398	297,952
Net cash provided by (used in) financing activities	-281,431	-61,052	110,361
Net increase (decrease) in cash	1,546	2,857	8,797
Cash at beginning of period	14,125	11,268	2,471
Cash at end of period	15,671	14,125	11,268
Non-Guarantor Subsidiaries	'	'	'
Operating activities:	'	'	'
Net cash provided by (used in) operating activities	105,887	81,260	76,012
Investing activities:	'	'	'
Acquisition of properties	-244,859	-190,150	-149,692
Capital expenditures	-42,694	-44,248	-22,143
Proceeds from release of collateral on loan payable	11,167	'	'
Payment of collateral on loan payable	'	-11,167	'
Issuance of mortgage loans receivable	-83	-869	-5,760
Principal payments received on mortgage loans receivable	4,365	4,790	1,945
Proceeds from sale of properties	-325	'	'
Other	-794	7	-55
Changes in restricted cash	-4,174	-2,786	-9,753
Net cash provided by (used in) investing activities	-277,397	-244,423	-185,458
Financing activities:	'	'	'
Proceeds from mortgage loans and other notes payable	131,298	107,300	96,129
Principal payments on mortgage loans	-10,537	-26,836	-56,400
Principal payments on capital leases	-1,780	-2,624	-1,902
Payment of loan costs	-4,710	-5,937	-4,096
Intercompany financing	55,654	94,176	86,274
Net cash provided by (used in) financing activities	169,925	166,079	120,005
Effect of exchange rate fluctuation on cash	-60	1	-232
Net increase (decrease) in cash	-1,645	2,917	10,327
Cash at beginning of period	19,880	16,963	6,636
Cash at end of period	18,235	19,880	16,963
Consolidating Adjustments	'	'	'
Investing activities:	'	'	'
Intercompany financing	-169,835	-93,222	384,226
Net cash provided by (used in) investing activities	-169,835	-93,222	384,226
Financing activities:	'	'	'
Intercompany financing	169,835	93,222	-384,226
Net cash provided by (used in) financing activities	$169,835	$93,222	($384,226)

Subsequent_Events_Additional_I

Subsequent Events - Additional Information (Detail) (USD $)	12 Months Ended		12 Months Ended	1 Months Ended
	Dec. 31, 2013	Dec. 31, 2013	Dec. 31, 2013	Mar. 26, 2014	Mar. 26, 2014	Feb. 28, 2014	Feb. 28, 2014
		Variable Rate Debt	Dividend Declared	Subsequent Event	Subsequent Event	Subsequent Event	Subsequent Event
				Monthly	Annually	Variable Rate Debt	Variable Rate Debt
							LIBOR
Subsequent Event [Line Items]	'	'	'	'	'	'	'
Declared distributions	'	'	$0.11	'	'	'	'
Dividends payable, record date	'	'	1-Mar-14	'	'	'	'
Dividends payable, date to be Paid	'	'	31-Mar-14	'	'	'	'
Debt instrument,issued	'	'	'	'	'	40,000,000	'
Loans principal outstanding balance	'	$100,700,000	'	'	'	'	'
Collateral	'	'	'	'	'	'Six ski and mountain lifestyle properties	'
Debt instrument, maturity date	'	'	'	'	'	'2017-04	'
Debt instrument, interest rate terms	'	'	'	'	'	'30-day LIBOR plus 3.50% with a 1.50% LIBOR floor	'
Debt instrument, interest rate basis point above reference rate	'	'	'	'	'	3.50%	'
Debt instrument, floor rate	'	'	'	'	'	'	1.50%
Asset management fee as a percentage of real estate asset value	0.08%	'	'	0.08%	0.90%	'	'

Recovered_Sheet2

Schedule II-Valuation and Qualifying Accounts (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Valuation and Qualifying Accounts Disclosure [Line Items]	'	'	'
Balance at Beginning of Year	$50,157	$40,830	$38,032
Charged to Costs and Expenses	3,104	1,699	'
Charged to Other Accounts	2,241	7,628	6,870
Deemed Uncollectible	'	'	-4,072
Collected/ Recovered	'	'	'
Balance at End of Year	55,502	50,157	40,830
Deferred tax asset valuation allowance	'	'	'
Valuation and Qualifying Accounts Disclosure [Line Items]	'	'	'
Balance at Beginning of Year	48,458	40,830	33,960
Charged to Other Accounts	2,241	7,628	6,870
Collected/ Recovered	'	'	'
Balance at End of Year	50,699	48,458	40,830
Allowance for loan losses	'	'	'
Valuation and Qualifying Accounts Disclosure [Line Items]	'	'	'
Balance at Beginning of Year	1,699	'	4,072
Charged to Costs and Expenses	3,104	1,699	'
Deemed Uncollectible	'	'	-4,072
Collected/ Recovered	'	'	'
Balance at End of Year	$4,803	$1,699	'

Recovered_Sheet3

Schedule III-Real Estate and Accumulated Depreciation (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013		Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	$839,847		'	'	'
Improvements	194,079		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	904,409	[1]	'	'	'
Total	2,142,067	[1]	2,216,709	2,044,936	1,945,414
Accumulated Depreciation	-415,216	[1]	-355,891	-282,937	-219,625
Life on which depreciation in latest income statements is computed	'39 years		'	'	'
Gatlinburg Sky Lift Gatlinburg, Tennessee	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Improvements	32		'	'	'
Carrying Costs	'		'	'	'
Total	19,361	[1]	'	'	'
Accumulated Depreciation	-3,249	[1]	'	'	'
Date of Construction	'1953		'	'	'
Date Acquired	22-Dec-05		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Hawaiian Falls Waterparks Garland And The Colony, Texas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	3,123		'	'	'
Improvements	2,070		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	5,010	[1]	'	'	'
Total	9,614	[1]	'	'	'
Accumulated Depreciation	-3,449	[1]	'	'	'
Date of Construction	'2004		'	'	'
Date Acquired	21-Apr-06		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Palmetto Hall Plantation Club Hilton Head, South Carolina	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	5,744		'	'	'
Improvements	732		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	6,452	[1]	'	'	'
Total	7,941	[1]	'	'	'
Accumulated Depreciation	-2,635	[1]	'	'	'
Date of Construction	'1990		'	'	'
Date Acquired	27-Apr-06		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Cypress Mountain Vancouver, British Columbia	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	161		'	'	'
Improvements	11,935		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	1,274	[1]	'	'	'
Total	31,832	[1]	'	'	'
Accumulated Depreciation	-8,054	[1]	'	'	'
Date of Construction	'1975		'	'	'
Date Acquired	30-May-06		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Raven Golf Club at South Mountain Phoenix, Arizona	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	11,307		'	'	'
Improvements	493		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	11,703	[1]	'	'	'
Total	13,140	[1]	'	'	'
Accumulated Depreciation	-4,677	[1]	'	'	'
Date of Construction	'1995		'	'	'
Date Acquired	9-Jun-06		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
The Omni Mount Washington Resort and Bretton Woods Ski Area Bretton Woods, New Hampshire	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	21,216		'	'	'
Improvements	36,091		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	23,382	[1]	'	'	'
Total	85,431	[1]	'	'	'
Accumulated Depreciation	-18,331	[1]	'	'	'
Date of Construction	'1902		'	'	'
Date Acquired	NaN, NaN	[4]	'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Bear Creek Golf Club Dallas, Texas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	6,477		'	'	'
Improvements	543		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	6,811	[1]	'	'	'
Total	10,738	[1]	'	'	'
Accumulated Depreciation	-3,932	[1]	'	'	'
Date of Construction	'1979		'	'	'
Date Acquired	8-Sep-06		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Funtasticks Fun Center Tucson, Arizona	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	3,038		'	'	'
Improvements	26		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	3,040	[1]	'	'	'
Total	4,477	[1]	'	'	'
Accumulated Depreciation	-1,055	[1]	'	'	'
Date of Construction	'1993		'	'	'
Date Acquired	6-Oct-06		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Zuma Fun Center South Houston, Texas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	1,551		'	'	'
Improvements	67		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	1,592	[1]	'	'	'
Total	2,176	[1]	'	'	'
Accumulated Depreciation	-569	[1]	'	'	'
Date of Construction	'1990		'	'	'
Date Acquired	6-Oct-06		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Weston Hills Country Club Weston, Florida	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	12,925		'	'	'
Improvements	2,043		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	14,243	[1]	'	'	'
Total	23,428	[1]	'	'	'
Accumulated Depreciation	-9,894	[1]	'	'	'
Date of Construction	'1990		'	'	'
Date Acquired	16-Oct-06		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Valencia Country Club Santa Clarita, California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	21,414		'	'	'
Improvements	1,563		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	22,468	[1]	'	'	'
Total	28,668	[1]	'	'	'
Accumulated Depreciation	-10,140	[1]	'	'	'
Date of Construction	'2000		'	'	'
Date Acquired	16-Oct-06		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Canyon Springs Golf Club San Antonio, Texas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	7,827		'	'	'
Improvements	307		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	8,128	[1]	'	'	'
Total	9,073	[1]	'	'	'
Accumulated Depreciation	-1,584	[1]	'	'	'
Date of Construction	'1997		'	'	'
Date Acquired	16-Nov-06		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
The Golf Club At Cinco Ranch Houston, Texas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	6,662		'	'	'
Improvements	421		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	7,054	[1]	'	'	'
Total	7,537	[1]	'	'	'
Accumulated Depreciation	-606	[1]	'	'	'
Date of Construction	'1993		'	'	'
Date Acquired	16-Nov-06		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Golf Club at Fossil Creek Fort Worth, Texas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	4,905		'	'	'
Improvements	613		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	5,163	[1]	'	'	'
Total	6,558	[1]	'	'	'
Accumulated Depreciation	-1,561	[1]	'	'	'
Date of Construction	'1987		'	'	'
Date Acquired	16-Nov-06		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Lake Park Golf Club Dallas Fort Worth, Texas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	1,732		'	'	'
Improvements	292		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	1,898	[1]	'	'	'
Total	4,633	[1]	'	'	'
Accumulated Depreciation	-2,275	[1]	'	'	'
Date of Construction	'1957		'	'	'
Date Acquired	16-Nov-06		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Mansfield National Golf Club Dallas Fort Worth, Texas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	4,891		'	'	'
Improvements	96		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	4,987	[1]	'	'	'
Total	6,599	[1]	'	'	'
Accumulated Depreciation	-2,808	[1]	'	'	'
Date of Construction	'2000		'	'	'
Date Acquired	16-Nov-06		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Plantation Golf Club Dallas Fort Worth, Texas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	3,586		'	'	'
Improvements	245		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	3,657	[1]	'	'	'
Total	3,955	[1]	'	'	'
Accumulated Depreciation	-128	[1]	'	'	'
Date of Construction	'1998		'	'	'
Date Acquired	16-Nov-06		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Fox Meadow Country Club Medina, Ohio	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	3,625		'	'	'
Improvements	467		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	3,913	[1]	'	'	'
Total	6,634	[1]	'	'	'
Accumulated Depreciation	-2,813	[1]	'	'	'
Date of Construction	'1995		'	'	'
Date Acquired	22-Dec-06		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Lakeridge Country Club Lubbock, Texas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	4,224		'	'	'
Improvements	361		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	4,505	[1]	'	'	'
Total	6,556	[1]	'	'	'
Accumulated Depreciation	-1,650	[1]	'	'	'
Date of Construction	'1978		'	'	'
Date Acquired	22-Dec-06		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Mesa Del Sol Golf Club Yuma, Arizona	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	3,752		'	'	'
Improvements	413		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	4,145	[1]	'	'	'
Total	4,684	[1]	'	'	'
Accumulated Depreciation	-2,751	[1]	'	'	'
Date of Construction	'1970		'	'	'
Date Acquired	22-Dec-06		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Signature Golf Course Solon, Ohio	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	5,259		'	'	'
Improvements	647		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	5,737	[1]	'	'	'
Total	10,574	[1]	'	'	'
Accumulated Depreciation	-4,418	[1]	'	'	'
Date of Construction	'2002		'	'	'
Date Acquired	22-Dec-06		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Weymouth Country Club Medina, Ohio	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	5,460		'	'	'
Improvements	385		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	5,737	[1]	'	'	'
Total	10,584	[1]	'	'	'
Accumulated Depreciation	-3,027	[1]	'	'	'
Date of Construction	'1969		'	'	'
Date Acquired	22-Dec-06		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Burnside Marina Somerset, Kentucky	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	350		'	'	'
Improvements	30		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	350	[1]	'	'	'
Total	3,388	[1]	'	'	'
Accumulated Depreciation	-683	[1]	'	'	'
Date of Construction	'In 1950's		'	'	'
Date Acquired	22-Dec-06		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Pier 121 Marina And Easthill Park Lewisville, Texas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	1,172		'	'	'
Improvements	591		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	1,752	[1]	'	'	'
Total	31,561	[1]	'	'	'
Accumulated Depreciation	-5,931	[1]	'	'	'
Date of Construction	'In 1960's		'	'	'
Date Acquired	22-Dec-06		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Beaver Creek Marina Monticello, Kentucky	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	442		'	'	'
Improvements	47		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	442	[1]	'	'	'
Total	6,648	[1]	'	'	'
Accumulated Depreciation	-2,744	[1]	'	'	'
Date of Construction	'In 1950's		'	'	'
Date Acquired	22-Dec-06		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Lake Front Marina Port Clinton, Ohio	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	1,371		'	'	'
Improvements	359		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	1,669	[1]	'	'	'
Total	2,215	[1]	'	'	'
Accumulated Depreciation	-750	[1]	'	'	'
Date of Construction	'1979		'	'	'
Date Acquired	22-Dec-06		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Sandusky Harbor Marina Sandusky, Ohio	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	4,458		'	'	'
Improvements	137		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	4,579	[1]	'	'	'
Total	8,023	[1]	'	'	'
Accumulated Depreciation	-1,494	[1]	'	'	'
Date of Construction	'In 1930's		'	'	'
Date Acquired	22-Dec-06		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Cowboys Golf Club Grapevinem Texas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	8,537		'	'	'
Improvements	1,413		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	9,171	[1]	'	'	'
Total	14,130	[1]	'	'	'
Accumulated Depreciation	-5,705	[1]	'	'	'
Date of Construction	'2000		'	'	'
Date Acquired	26-Dec-06		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Brighton Ski Resort Brighton, Utah	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	11,809		'	'	'
Improvements	3,161		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	12,861	[1]	'	'	'
Total	28,326	[1]	'	'	'
Accumulated Depreciation	-7,579	[1]	'	'	'
Date of Construction	'1949		'	'	'
Date Acquired	8-Jan-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Clear Creek Golf Club Houston, Texas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	423		'	'	'
Improvements	48		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	459	[1]	'	'	'
Total	1,742	[1]	'	'	'
Accumulated Depreciation	-506	[1]	'	'	'
Date of Construction	'1987		'	'	'
Date Acquired	11-Jan-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Northstar At Tahoe Resort Lake Tahoe, California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	60,790		'	'	'
Improvements	10,380		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	64,145	[1]	'	'	'
Total	79,704	[1]	'	'	'
Accumulated Depreciation	-18,534	[1]	'	'	'
Date of Construction	'1972		'	'	'
Date Acquired	19-Jan-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Sierra At Tahoe Resort South Lake Tahoe, California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	19,875		'	'	'
Improvements	3,727		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	22,433	[1]	'	'	'
Total	32,976	[1]	'	'	'
Accumulated Depreciation	-10,908	[1]	'	'	'
Date of Construction	'1968		'	'	'
Date Acquired	19-Jan-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Loon Mountain Resort Lincoln, New Hampshire	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	9,226		'	'	'
Improvements	7,166		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	14,988	[1]	'	'	'
Total	21,411	[1]	'	'	'
Accumulated Depreciation	-6,287	[1]	'	'	'
Date of Construction	'1966		'	'	'
Date Acquired	19-Jan-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Summit At Snowqualmie Resort Snoqualmie Pass Washington	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	20,122		'	'	'
Improvements	3,233		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	22,555	[1]	'	'	'
Total	32,949	[1]	'	'	'
Accumulated Depreciation	-9,658	[1]	'	'	'
Date of Construction	'1945		'	'	'
Date Acquired	19-Jan-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
White Water Bay Oklahoma City, Oklahoma	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	10,720		'	'	'
Improvements	589		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	10,729	[1]	'	'	'
Total	16,770	[1]	'	'	'
Accumulated Depreciation	-3,249	[1]	'	'	'
Date of Construction	'1981		'	'	'
Date Acquired	6-Apr-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Splashtown Houston, Texas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	10,817		'	'	'
Improvements	3,193		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	13,551	[1]	'	'	'
Total	15,619	[1]	'	'	'
Accumulated Depreciation	-1,234	[1]	'	'	'
Date of Construction	'1981		'	'	'
Date Acquired	6-Apr-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Waterworld Concord California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	1,733		'	'	'
Improvements	441		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	1,997	[1]	'	'	'
Total	10,743	[1]	'	'	'
Accumulated Depreciation	-3,689	[1]	'	'	'
Date of Construction	'1995		'	'	'
Date Acquired	6-Apr-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Elitch Gardens Denver, Colorado	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	93,796		'	'	'
Improvements	1,386		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	94,694	[1]	'	'	'
Total	102,662	[1]	'	'	'
Accumulated Depreciation	-7,330	[1]	'	'	'
Date of Construction	'1890		'	'	'
Date Acquired	6-Apr-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Darien Lake Buffalo, New York	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	60,993		'	'	'
Improvements	4,929		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	64,800	[1]	'	'	'
Total	87,889	[1]	'	'	'
Accumulated Depreciation	-27,993	[1]	'	'	'
Date of Construction	'1955		'	'	'
Date Acquired	6-Apr-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Frontier City Oklahoma City, Oklahoma	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	7,265		'	'	'
Improvements	1,203		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	8,093	[1]	'	'	'
Total	15,986	[1]	'	'	'
Accumulated Depreciation	-3,538	[1]	'	'	'
Date of Construction	'1958		'	'	'
Date Acquired	6-Apr-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Wild Waves And Enchanted Village Seattle, Washington	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	19,200		'	'	'
Improvements	1,392		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	20,215	[1]	'	'	'
Total	23,429	[1]	'	'	'
Accumulated Depreciation	-9,313	[1]	'	'	'
Date of Construction	'1977		'	'	'
Date Acquired	6-Apr-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Magic Springs And Crystal Falls Hot Springs, Arkansas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	4,237		'	'	'
Improvements	4,595		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	8,580	[1]	'	'	'
Total	19,249	[1]	'	'	'
Accumulated Depreciation	-3,313	[1]	'	'	'
Date of Construction	'1977		'	'	'
Date Acquired	16-Apr-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Manasquan River Club Brick Township, New Jersey	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	8,031		'	'	'
Improvements	172		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	8,191	[1]	'	'	'
Total	8,642	[1]	'	'	'
Accumulated Depreciation	-731	[1]	'	'	'
Date of Construction	'In 1970's		'	'	'
Date Acquired	8-Jun-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Crystal Point Marina Point Pleasant, New Jersey	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	5,159		'	'	'
Improvements	166		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	5,306	[1]	'	'	'
Total	5,371	[1]	'	'	'
Accumulated Depreciation	-124	[1]	'	'	'
Date of Construction	'1976		'	'	'
Date Acquired	8-Jun-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Mountain High Resort Wrightwood, California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	14,272		'	'	'
Improvements	966		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	14,730	[1]	'	'	'
Total	36,831	[1]	'	'	'
Accumulated Depreciation	-10,035	[1]	'	'	'
Date of Construction	'In 1930's		'	'	'
Date Acquired	29-Jun-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Holly Creek Marina Celina, Tennessee	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	372		'	'	'
Improvements	53		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	374	[1]	'	'	'
Total	6,147	[1]	'	'	'
Accumulated Depreciation	-954	[1]	'	'	'
Date of Construction	'In 1940's		'	'	'
Date Acquired	1-Aug-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Eagle Cove Marina Byrdstown, Tennessee	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	1,114		'	'	'
Improvements	139		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	1,118	[1]	'	'	'
Total	4,663	[1]	'	'	'
Accumulated Depreciation	-768	[1]	'	'	'
Date of Construction	'In 1940's		'	'	'
Date Acquired	1-Aug-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Sugarloaf Mountain Resort Carrabassett Valley, Maine	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	15,408		'	'	'
Improvements	2,931		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	14,620	[1]	'	'	'
Total	23,997	[1]	'	'	'
Accumulated Depreciation	-5,850	[1]	'	'	'
Date of Construction	'1962		'	'	'
Date Acquired	7-Aug-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Sunday River Resort Newry, Maine	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	32,698		'	'	'
Improvements	4,465		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	35,989	[1]	'	'	'
Total	49,419	[1]	'	'	'
Accumulated Depreciation	-10,439	[1]	'	'	'
Date of Construction	'1959		'	'	'
Date Acquired	7-Aug-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Great Lakes Marina Muskegon, Michigan	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	6,633		'	'	'
Improvements	111		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	6,664	[1]	'	'	'
Total	9,823	[1]	'	'	'
Accumulated Depreciation	-790	[1]	'	'	'
Date of Construction	'1981		'	'	'
Date Acquired	20-Aug-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
The Village At Northstar Lake Tahoe, California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	2,354		'	'	'
Improvements	4,178		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	2,759	[1]	'	'	'
Total	40,464	[1]	'	'	'
Accumulated Depreciation	-9,177	[1]	'	'	'
Date of Construction	'2005		'	'	'
Date Acquired	15-Nov-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Arrowhead Country Club Glendale, Arizona	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	4,663		'	'	'
Improvements	1,995		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	5,796	[1]	'	'	'
Total	13,563	[1]	'	'	'
Accumulated Depreciation	-3,462	[1]	'	'	'
Date of Construction	'In 1980's		'	'	'
Date Acquired	30-Nov-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Ancala Country Club Scottsdale, Arizona	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	6,410		'	'	'
Improvements	1,462		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	7,248	[1]	'	'	'
Total	13,370	[1]	'	'	'
Accumulated Depreciation	-3,153	[1]	'	'	'
Date of Construction	'1996		'	'	'
Date Acquired	30-Nov-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Tallgrass Country Club Witchita, Kansas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	1,147		'	'	'
Improvements	931		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	1,825	[1]	'	'	'
Total	3,627	[1]	'	'	'
Accumulated Depreciation	-839	[1]	'	'	'
Date of Construction	'1982		'	'	'
Date Acquired	30-Nov-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Deer Creek Golf Club Overland Park, Kansas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	3,365		'	'	'
Improvements	1,237		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	4,326	[1]	'	'	'
Total	6,808	[1]	'	'	'
Accumulated Depreciation	-2,319	[1]	'	'	'
Date of Construction	'1989		'	'	'
Date Acquired	30-Nov-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Arrowhead Golf Club Littleton, Colorado	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	8,692		'	'	'
Improvements	1,710		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	10,142	[1]	'	'	'
Total	12,521	[1]	'	'	'
Accumulated Depreciation	-3,074	[1]	'	'	'
Date of Construction	'1974		'	'	'
Date Acquired	30-Nov-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Hunt Valley Golf Club Phoenix, Maryland	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	10,615		'	'	'
Improvements	2,009		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	12,045	[1]	'	'	'
Total	16,333	[1]	'	'	'
Accumulated Depreciation	-3,723	[1]	'	'	'
Date of Construction	'1970		'	'	'
Date Acquired	30-Nov-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Meadowbrook Golf And Country Club Tulsa, Oklahoma	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	5,150		'	'	'
Improvements	1,407		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	6,349	[1]	'	'	'
Total	7,755	[1]	'	'	'
Accumulated Depreciation	-2,288	[1]	'	'	'
Date of Construction	'1957		'	'	'
Date Acquired	30-Nov-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Stonecreek Golf Club Phoenix, Arizona	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	8,099		'	'	'
Improvements	1,331		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	9,109	[1]	'	'	'
Total	11,830	[1]	'	'	'
Accumulated Depreciation	-2,106	[1]	'	'	'
Date of Construction	'1990		'	'	'
Date Acquired	30-Nov-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Painted Desert Golf Club Las Vegas, Nevada	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	3,243		'	'	'
Improvements	808		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	3,954	[1]	'	'	'
Total	4,341	[1]	'	'	'
Accumulated Depreciation	-2,723	[1]	'	'	'
Date of Construction	'1987		'	'	'
Date Acquired	30-Nov-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Eagle Brook Country Club Geneva, Illinios	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	6,316		'	'	'
Improvements	1,584		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	7,307	[1]	'	'	'
Total	12,823	[1]	'	'	'
Accumulated Depreciation	-3,158	[1]	'	'	'
Date of Construction	'1992		'	'	'
Date Acquired	30-Nov-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Majestic Oaks Golf Club Ham Lake, Minnesota	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	11,247		'	'	'
Improvements	1,128		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	12,277	[1]	'	'	'
Total	13,060	[1]	'	'	'
Accumulated Depreciation	-3,573	[1]	'	'	'
Date of Construction	'1972		'	'	'
Date Acquired	30-Nov-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Ruffled Feathers Golf Club Lemont, Illinios	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	7,783		'	'	'
Improvements	1,355		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	8,612	[1]	'	'	'
Total	13,682	[1]	'	'	'
Accumulated Depreciation	-2,803	[1]	'	'	'
Date of Construction	'1992		'	'	'
Date Acquired	30-Nov-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Tamarack Golf Club Naperville, Illinios	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	4,289		'	'	'
Improvements	968		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	4,935	[1]	'	'	'
Total	6,458	[1]	'	'	'
Accumulated Depreciation	-1,824	[1]	'	'	'
Date of Construction	'1988		'	'	'
Date Acquired	30-Nov-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Continental Golf Course Scottsdale, Arizona	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	4,476		'	'	'
Improvements	597		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	4,992	[1]	'	'	'
Total	5,749	[1]	'	'	'
Accumulated Depreciation	-836	[1]	'	'	'
Date of Construction	'1979		'	'	'
Date Acquired	30-Nov-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Tatum Ranch Golf Club Cave Creek, Arizona	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	2,516		'	'	'
Improvements	1,213		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	3,485	[1]	'	'	'
Total	6,590	[1]	'	'	'
Accumulated Depreciation	-1,298	[1]	'	'	'
Date of Construction	'1987		'	'	'
Date Acquired	30-Nov-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Kokopelli Golf Club Phoenix, Arizona	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	6,866		'	'	'
Improvements	1,309		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	8,063	[1]	'	'	'
Total	9,405	[1]	'	'	'
Accumulated Depreciation	-1,964	[1]	'	'	'
Date of Construction	'1992		'	'	'
Date Acquired	30-Nov-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Superstition Springs Golf Club Mesa, Arizona	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	7,220		'	'	'
Improvements	1,143		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	8,110	[1]	'	'	'
Total	10,300	[1]	'	'	'
Accumulated Depreciation	-1,876	[1]	'	'	'
Date of Construction	'1986		'	'	'
Date Acquired	30-Nov-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Legend At Arrowhead Golf Resort Glendale, Arizona	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	5,400		'	'	'
Improvements	1,204		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	6,471	[1]	'	'	'
Total	7,697	[1]	'	'	'
Accumulated Depreciation	-1,949	[1]	'	'	'
Date of Construction	'2001		'	'	'
Date Acquired	30-Nov-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
London Bridge Golf Club Lake Havasu, Arizona	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	6,894		'	'	'
Improvements	951		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	7,713	[1]	'	'	'
Total	8,924	[1]	'	'	'
Accumulated Depreciation	-3,305	[1]	'	'	'
Date of Construction	'In 1960's		'	'	'
Date Acquired	30-Nov-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Forest Park Golf Course St Louis, Missouri	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	5,345		'	'	'
Improvements	1,299		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	6,138	[1]	'	'	'
Total	10,254	[1]	'	'	'
Accumulated Depreciation	-5,273	[1]	'	'	'
Date of Construction	'In 1900's		'	'	'
Date Acquired	19-Dec-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Micke Grove Golf Course Lodi, California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	1,966		'	'	'
Improvements	640		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	2,332	[1]	'	'	'
Total	4,389	[1]	'	'	'
Accumulated Depreciation	-2,380	[1]	'	'	'
Date of Construction	'1990		'	'	'
Date Acquired	19-Dec-07		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Shandin Hills Golf Club San Bernadino, California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Improvements	289		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	158	[1]	'	'	'
Total	2,520	[1]	'	'	'
Accumulated Depreciation	-1,198	[1]	'	'	'
Date of Construction	'1980		'	'	'
Date Acquired	7-Mar-08		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Tradition Golf Club At Kiskiack Williamsburg, Virginia	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	2,601		'	'	'
Improvements	132		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	2,722	[1]	'	'	'
Total	3,145	[1]	'	'	'
Accumulated Depreciation	-1,664	[1]	'	'	'
Date of Construction	'1996		'	'	'
Date Acquired	26-Mar-08		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
The Tradition Golf Club At The Crossings Glen Allen, Virginia	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	3,828		'	'	'
Improvements	213		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	4,011	[1]	'	'	'
Total	4,583	[1]	'	'	'
Accumulated Depreciation	-2,209	[1]	'	'	'
Date of Construction	'1979		'	'	'
Date Acquired	26-Mar-08		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
The Tradition Golf Club At Broad Bay Virginia Beach, Virginia	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	5,415		'	'	'
Improvements	349		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	5,678	[1]	'	'	'
Total	7,444	[1]	'	'	'
Accumulated Depreciation	-2,158	[1]	'	'	'
Date of Construction	'1986		'	'	'
Date Acquired	26-Mar-08		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Brady Mountain Resort And Marina Royal, Arkansas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	738		'	'	'
Improvements	3,077		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	3,383	[1]	'	'	'
Total	12,191	[1]	'	'	'
Accumulated Depreciation	-2,409	[1]	'	'	'
Date of Construction	'In 1950's		'	'	'
Date Acquired	10-Apr-08		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
David L. Baker Golf Course Fountain Valley, California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	4,599		'	'	'
Improvements	534		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	97	[1]	'	'	'
Total	7,797	[1]	'	'	'
Accumulated Depreciation	-3,357	[1]	'	'	'
Date of Construction	'1987		'	'	'
Date Acquired	17-Apr-08		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Las Vegas Golf Club Las Vegas, NV	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	5,531		'	'	'
Improvements	107		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	1	[1]	'	'	'
Total	6,413	[1]	'	'	'
Accumulated Depreciation	-3,443	[1]	'	'	'
Date of Construction	'1938		'	'	'
Date Acquired	17-Apr-08		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Meadowlark Golf Course Meadowlark Golf Course	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	8,515		'	'	'
Improvements	261		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	67	[1]	'	'	'
Total	13,842	[1]	'	'	'
Accumulated Depreciation	-5,818	[1]	'	'	'
Date of Construction	'1922		'	'	'
Date Acquired	17-Apr-08		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Coco Key Water Resort Orlando, Florida	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	9,830		'	'	'
Improvements	26,259		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	15,611	[1]	'	'	'
Total	41,529	[1]	'	'	'
Accumulated Depreciation	-6,089	[1]	'	'	'
Date of Construction	'1970's		'	'	'
Date Acquired	28-May-08		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Montgomery Country Club Laytonsville, MD	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	4,835		'	'	'
Improvements	612		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	5,303	[1]	'	'	'
Total	6,799	[1]	'	'	'
Accumulated Depreciation	-1,533	[1]	'	'	'
Date of Construction	'1963		'	'	'
Date Acquired	11-Sep-08		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Links At Challedon Golf Club Mt. Airy, MD	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	2,339		'	'	'
Improvements	166		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	2,483	[1]	'	'	'
Total	3,052	[1]	'	'	'
Accumulated Depreciation	-940	[1]	'	'	'
Date of Construction	'1995		'	'	'
Date Acquired	11-Sep-08		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Mount Sunapee Mountain Resort Newbury, New Hampshire	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Improvements	368		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	72	[1]	'	'	'
Total	12,348	[1]	'	'	'
Accumulated Depreciation	-2,907	[1]	'	'	'
Date of Construction	'1960		'	'	'
Date Acquired	5-Dec-08		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Okemo Mountain Resort Ludlow, Vermont	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	17,566		'	'	'
Improvements	822		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	17,976	[1]	'	'	'
Total	60,158	[1]	'	'	'
Accumulated Depreciation	-9,449	[1]	'	'	'
Date of Construction	'1963		'	'	'
Date Acquired	5-Dec-08		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Crested Butte Mountain Resort Mt Crested Butte, Colorado	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	1,305		'	'	'
Improvements	1,660		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	1,314	[1]	'	'	'
Total	32,996	[1]	'	'	'
Accumulated Depreciation	-7,293	[1]	'	'	'
Date of Construction	'In 1960's		'	'	'
Date Acquired	5-Dec-08		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Jiminy Peak Mountain Resort Hancock, Massachusetts	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	7,802		'	'	'
Improvements	383		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	8,044	[1]	'	'	'
Total	16,349	[1]	'	'	'
Accumulated Depreciation	-2,919	[1]	'	'	'
Date of Construction	'1948		'	'	'
Date Acquired	27-Jan-09		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Hawaiian Waters Kapolei, Hawaii	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Improvements	300		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	130	[1]	'	'	'
Total	17,157	[1]	'	'	'
Accumulated Depreciation	-2,264	[1]	'	'	'
Date of Construction	'1998		'	'	'
Date Acquired	6-May-09		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Great Wolf Lodge Wisconsin Dells Wisconsin Dells, Wisconsin	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	3,433		'	'	'
Improvements	83		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	2,123	[1]	'	'	'
Total	21,148	[1]	'	'	'
Accumulated Depreciation	-7,957	[1]	'	'	'
Date of Construction	'1997		'	'	'
Date Acquired	6-Aug-09		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Great Wolf Lodge Sandusky Sandusky, Ohio	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	2,772		'	'	'
Improvements	473		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	2,268	[1]	'	'	'
Total	33,306	[1]	'	'	'
Accumulated Depreciation	-9,014	[1]	'	'	'
Date of Construction	'2001		'	'	'
Date Acquired	6-Aug-09		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Anacapa Isle Marina Oxnard, California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Carrying Costs	'		'	'	'
Total	9,405	[1]	'	'	'
Accumulated Depreciation	-1,962	[1]	'	'	'
Date of Construction	'1973		'	'	'
Date Acquired	12-Mar-10		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Ballena Isle Marina Alameda, California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	23		'	'	'
Improvements	769		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	23	[1]	'	'	'
Total	8,491	[1]	'	'	'
Accumulated Depreciation	-1,123	[1]	'	'	'
Date of Construction	'1972		'	'	'
Date Acquired	12-Mar-10		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Cabrillo Isle Marina San Diego, California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Improvements	3		'	'	'
Carrying Costs	'		'	'	'
Total	19,556	[1]	'	'	'
Accumulated Depreciation	-3,910	[1]	'	'	'
Date of Construction	'1977		'	'	'
Date Acquired	12-Mar-10		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Ventura Isle Marina Ventura California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Improvements	2		'	'	'
Carrying Costs	'		'	'	'
Total	15,933	[1]	'	'	'
Accumulated Depreciation	-3,793	[1]	'	'	'
Date of Construction	'1975		'	'	'
Date Acquired	12-Mar-10		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Bohemia Vista Yacht Basin Chesapeake City, MD	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Improvements	793		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	1,146	[1]	'	'	'
Total	1,178	[1]	'	'	'
Accumulated Depreciation	-338	[1]	'	'	'
Date of Construction	'1967		'	'	'
Date Acquired	20-May-10		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Hacks Point Marina Earleville, Maryland	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Improvements	367		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	504	[1]	'	'	'
Total	520	[1]	'	'	'
Accumulated Depreciation	-89	[1]	'	'	'
Date of Construction	'In 1970's		'	'	'
Date Acquired	20-May-10		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Pacific Park Santa Monica, California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Improvements	77		'	'	'
Carrying Costs	'		'	'	'
Total	26,698	[1]	'	'	'
Accumulated Depreciation	-2,655	[1]	'	'	'
Date of Construction	'1996		'	'	'
Date Acquired	29-Dec-10		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Culpepper Place At Branson Meadow Branson, MO	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	535		'	'	'
Improvements	2		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	534	[1]	'	'	'
Total	8,875	[1]	'	'	'
Accumulated Depreciation	-556	[1]	'	'	'
Date of Construction	'2002 and 2007		'	'	'
Date Acquired	31-Aug-11		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Culpepper of Springdale Springdale, AR	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	762		'	'	'
Improvements	31		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	793	[1]	'	'	'
Total	8,037	[1]	'	'	'
Accumulated Depreciation	-483	[1]	'	'	'
Date of Construction	'2007		'	'	'
Date Acquired	31-Aug-11		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Culpepper Place At Chesterfield Village Chesterfield, MO	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	713		'	'	'
Improvements	30		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	743	[1]	'	'	'
Total	10,823	[1]	'	'	'
Accumulated Depreciation	-658	[1]	'	'	'
Date of Construction	'1999 and 2009		'	'	'
Date Acquired	31-Aug-11		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Culpepper Place Of Nevada Nevada, MO	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	40		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	40	[1]	'	'	'
Total	359	[1]	'	'	'
Accumulated Depreciation	-19	[1]	'	'	'
Date of Construction	'1997		'	'	'
Date Acquired	31-Aug-11		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Culpepper Place Of Springfield Springfield, MO	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	800		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	800	[1]	'	'	'
Total	6,952	[1]	'	'	'
Accumulated Depreciation	-430	[1]	'	'	'
Date of Construction	'1997 and 2005		'	'	'
Date Acquired	31-Aug-11		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Culpepper Place Of Jonesboro Jonesboro, AR	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	897		'	'	'
Improvements	14		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	908	[1]	'	'	'
Total	7,107	[1]	'	'	'
Accumulated Depreciation	-439	[1]	'	'	'
Date of Construction	'2008		'	'	'
Date Acquired	31-Aug-11		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Culpepper Fayetteville Fayetteville, AK	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	799		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	799	[1]	'	'	'
Total	12,839	[1]	'	'	'
Accumulated Depreciation	-362	[1]	'	'	'
Date of Construction	'2011		'	'	'
Date Acquired	30-Nov-12		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Town Center Village Portland, OR	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	2,481		'	'	'
Improvements	971		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	2,533	[1]	'	'	'
Total	39,265	[1]	'	'	'
Accumulated Depreciation	-2,997	[1]	'	'	'
Date of Construction	'1985-1991		'	'	'
Date Acquired	31-Aug-11		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Stevens Pass Skykomish, King And Chelan County, WA	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	62		'	'	'
Improvements	667		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	404	[1]	'	'	'
Total	19,093	[1]	'	'	'
Accumulated Depreciation	-1,594	[1]	'	'	'
Date of Construction	'1945-2000		'	'	'
Date Acquired	17-Nov-11		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Good Neighbor Washington Washington, IL	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	428		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	428	[1]	'	'	'
Total	9,389	[1]	'	'	'
Accumulated Depreciation	-488	[1]	'	'	'
Date of Construction	'2009		'	'	'
Date Acquired	29-Dec-11		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Good Neighbor Pekin Pekin, IL	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	504		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	504	[1]	'	'	'
Total	8,694	[1]	'	'	'
Accumulated Depreciation	-450	[1]	'	'	'
Date of Construction	'2009		'	'	'
Date Acquired	29-Dec-11		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Good Neighbor Sterling Sterling, IL	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	549		'	'	'
Improvements	434		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	549	[1]	'	'	'
Total	8,636	[1]	'	'	'
Accumulated Depreciation	-438	[1]	'	'	'
Date of Construction	'2008		'	'	'
Date Acquired	29-Dec-11		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Solomon Alpharetta Alpharetta, GA	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	1,436		'	'	'
Improvements	7		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	1,436	[1]	'	'	'
Total	13,877	[1]	'	'	'
Accumulated Depreciation	-572	[1]	'	'	'
Date of Construction	'1999 and 2009		'	'	'
Date Acquired	30-Apr-12		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Solomon Fayetteville Fayetteville, GA	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	1,536		'	'	'
Improvements	2		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	1,538	[1]	'	'	'
Total	11,554	[1]	'	'	'
Accumulated Depreciation	-488	[1]	'	'	'
Date of Construction	'1999		'	'	'
Date Acquired	30-Apr-12		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Solomon Gainesville Gainesville, GA	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	2,869		'	'	'
Improvements	10		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	2,869	[1]	'	'	'
Total	34,574	[1]	'	'	'
Accumulated Depreciation	-1,452	[1]	'	'	'
Date of Construction	'1999 and 2010		'	'	'
Date Acquired	30-Apr-12		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Solomon Stockbridge Stockbridge, GA	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	1,158		'	'	'
Improvements	3		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	1,158	[1]	'	'	'
Total	11,386	[1]	'	'	'
Accumulated Depreciation	-470	[1]	'	'	'
Date of Construction	'1998		'	'	'
Date Acquired	30-Apr-12		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Provision Living Godfrey Godfrey, IL	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	350		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	350	[1]	'	'	'
Total	9,871	[1]	'	'	'
Accumulated Depreciation	-409	[1]	'	'	'
Date of Construction	'2010		'	'	'
Date Acquired	7-May-12		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Amber Ridge Memory Care Moline, IL	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	741		'	'	'
Improvements	-1		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	740	[1]	'	'	'
Total	6,055	[1]	'	'	'
Accumulated Depreciation	-226	[1]	'	'	'
Date of Construction	'2008		'	'	'
Date Acquired	29-Jun-12		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Amber Ridge Assisted Living Moline, IL	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	681		'	'	'
Improvements	203		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	774	[1]	'	'	'
Total	3,124	[1]	'	'	'
Accumulated Depreciation	-126	[1]	'	'	'
Date of Construction	'2003		'	'	'
Date Acquired	29-Jun-12		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Lodge Carson City, Nevada	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	923		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	923	[1]	'	'	'
Total	13,856	[1]	'	'	'
Accumulated Depreciation	-534	[1]	'	'	'
Date of Construction	'2009		'	'	'
Date Acquired	29-Jun-12		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Rapids Waterpark West Palm Beach, Florida	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	11,041		'	'	'
Improvements	6,250		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	17,064	[1]	'	'	'
Total	26,335	[1]	'	'	'
Accumulated Depreciation	-1,210	[1]	'	'	'
Date of Construction	'1979 and 2007		'	'	'
Date Acquired	29-Jun-12		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Laurel Creek Cumming, Georgia	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	2,454		'	'	'
Improvements	33		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	2,468	[1]	'	'	'
Total	6,517	[1]	'	'	'
Accumulated Depreciation	-159	[1]	'	'	'
Date of Construction	'2009		'	'	'
Date Acquired	14-Dec-12		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Stratford Carmel, Indiana	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	3,622		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	3,622	[1]	'	'	'
Total	33,463	[1]	'	'	'
Accumulated Depreciation	-458	[1]	'	'	'
Date of Construction	'2008		'	'	'
Date Acquired	28-Jun-13		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Pioneer Village Jacksonville, Oregon	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	1,149		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	1,149	[1]	'	'	'
Total	13,107	[1]	'	'	'
Accumulated Depreciation	-144	[1]	'	'	'
Date of Construction	'2006		'	'	'
Date Acquired	31-Jul-13		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Bozeman Lodge Bozeman, Montana	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	1,830		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	1,830	[1]	'	'	'
Total	28,490	[1]	'	'	'
Accumulated Depreciation	-263	[1]	'	'	'
Date of Construction	'2008		'	'	'
Date Acquired	9-Aug-13		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Soak City Palm Springs, California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	12,516		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	12,516	[1]	'	'	'
Total	15,775	[1]	'	'	'
Accumulated Depreciation	-252	[1]	'	'	'
Date of Construction	'2001		'	'	'
Date Acquired	12-Aug-13		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Phoenix Wet n Wild Waterpark Phoenix, Arizona	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Carrying Costs	'		'	'	'
Total	13,463	[1]	'	'	'
Accumulated Depreciation	-85	[1]	'	'	'
Date of Construction	'2009		'	'	'
Date Acquired	26-Nov-13		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
MorningStar at Dayton Place Denver, Colorado	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Land & Land Improvements	4,903		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	4,903	[1]	'	'	'
Total	28,344	[1]	'	'	'
Accumulated Depreciation	-27	[1]	'	'	'
Date of Construction	'1987 and 2009		'	'	'
Date Acquired	13-Dec-13		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Chateau Vestavia Birmingham, Alabama	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	821		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	821	[1]	'	'	'
Total	17,750	[1]	'	'	'
Accumulated Depreciation	-19	[1]	'	'	'
Date of Construction	'1991, 1993 and 1997		'	'	'
Date Acquired	20-Dec-13		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Pacifica Peoria Peoria, Arizona	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	1,775		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	1,775	[1]	'	'	'
Total	12,484	[1]	'	'	'
Accumulated Depreciation	-13	[1]	'	'	'
Date of Construction	'1997		'	'	'
Date Acquired	20-Dec-13		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Pacifica Portland Portland, Oregon	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	3,240		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	3,240	[1]	'	'	'
Total	25,876	[1]	'	'	'
Accumulated Depreciation	-27	[1]	'	'	'
Date of Construction	'1997		'	'	'
Date Acquired	20-Dec-13		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Pacifica Santa Clarita Santa Clarita, California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	884		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	884	[1]	'	'	'
Total	18,138	[1]	'	'	'
Accumulated Depreciation	-19	[1]	'	'	'
Date of Construction	'1988		'	'	'
Date Acquired	20-Dec-13		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Pacifica Sun City Sun City, Florida	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Encumberances	'	[3]	'	'	'
Land & Land Improvements	2,258		'	'	'
Carrying Costs	'		'	'	'
Land & Land Improvements	2,258	[1]	'	'	'
Total	18,952	[1]	'	'	'
Accumulated Depreciation	-20	[1]	'	'	'
Date of Construction	'1989 and 1998		'	'	'
Date Acquired	20-Dec-13		'	'	'
Life on which depreciation in latest income statements is computed	'	[2]	'	'	'
Leaseholds and Leasehold Improvements	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	288,230		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	311,560	[1]	'	'	'
Leaseholds and Leasehold Improvements | Gatlinburg Sky Lift Gatlinburg, Tennessee	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	19,154		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	19,186	[1]	'	'	'
Leaseholds and Leasehold Improvements | Hawaiian Falls Waterparks Garland And The Colony, Texas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	3,663		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	3,810	[1]	'	'	'
Leaseholds and Leasehold Improvements | Cypress Mountain Vancouver, British Columbia	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	19,001		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	17,430	[1]	'	'	'
Leaseholds and Leasehold Improvements | The Omni Mount Washington Resort and Bretton Woods Ski Area Bretton Woods, New Hampshire	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	10		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	10	[1]	'	'	'
Leaseholds and Leasehold Improvements | Bear Creek Golf Club Dallas, Texas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	2,470		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	2,471	[1]	'	'	'
Leaseholds and Leasehold Improvements | Lake Park Golf Club Dallas Fort Worth, Texas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	1,496		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	1,497	[1]	'	'	'
Leaseholds and Leasehold Improvements | Mansfield National Golf Club Dallas Fort Worth, Texas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	547		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	547	[1]	'	'	'
Leaseholds and Leasehold Improvements | Burnside Marina Somerset, Kentucky	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	2,593		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	2,621	[1]	'	'	'
Leaseholds and Leasehold Improvements | Pier 121 Marina And Easthill Park Lewisville, Texas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	25,222		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	25,232	[1]	'	'	'
Leaseholds and Leasehold Improvements | Beaver Creek Marina Monticello, Kentucky	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	5,778		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	5,825	[1]	'	'	'
Leaseholds and Leasehold Improvements | Cowboys Golf Club Grapevinem Texas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	2,108		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	2,273	[1]	'	'	'
Leaseholds and Leasehold Improvements | Brighton Ski Resort Brighton, Utah	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	2,123		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	2,124	[1]	'	'	'
Leaseholds and Leasehold Improvements | Clear Creek Golf Club Houston, Texas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	1,116		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	1,116	[1]	'	'	'
Leaseholds and Leasehold Improvements | Sierra At Tahoe Resort South Lake Tahoe, California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	800		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	801	[1]	'	'	'
Leaseholds and Leasehold Improvements | Loon Mountain Resort Lincoln, New Hampshire	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	346		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	348	[1]	'	'	'
Leaseholds and Leasehold Improvements | Summit At Snowqualmie Resort Snoqualmie Pass Washington	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	792		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	792	[1]	'	'	'
Leaseholds and Leasehold Improvements | Waterworld Concord California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	7,841		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	7,841	[1]	'	'	'
Leaseholds and Leasehold Improvements | Magic Springs And Crystal Falls Hot Springs, Arkansas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	8		'	'	'
Leaseholds and Leasehold Improvements | Manasquan River Club Brick Township, New Jersey	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	12	[1]	'	'	'
Leaseholds and Leasehold Improvements | Mountain High Resort Wrightwood, California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	14,022		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	14,062	[1]	'	'	'
Leaseholds and Leasehold Improvements | Holly Creek Marina Celina, Tennessee	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	5,257		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	5,301	[1]	'	'	'
Leaseholds and Leasehold Improvements | Eagle Cove Marina Byrdstown, Tennessee	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	1,718		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	1,815	[1]	'	'	'
Leaseholds and Leasehold Improvements | Sugarloaf Mountain Resort Carrabassett Valley, Maine	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	2,000	[1]	'	'	'
Leaseholds and Leasehold Improvements | Forest Park Golf Course St Louis, Missouri	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	1,791		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	2,039	[1]	'	'	'
Leaseholds and Leasehold Improvements | Micke Grove Golf Course Lodi, California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	1,378		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	1,590	[1]	'	'	'
Leaseholds and Leasehold Improvements | Shandin Hills Golf Club San Bernadino, California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	1,119		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	1,940	[1]	'	'	'
Leaseholds and Leasehold Improvements | Brady Mountain Resort And Marina Royal, Arkansas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	6,757		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	7,043	[1]	'	'	'
Leaseholds and Leasehold Improvements | David L. Baker Golf Course Fountain Valley, California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	1,596		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	6,362	[1]	'	'	'
Leaseholds and Leasehold Improvements | Las Vegas Golf Club Las Vegas, NV	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	5,621	[1]	'	'	'
Leaseholds and Leasehold Improvements | Meadowlark Golf Course Meadowlark Golf Course	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	3,756		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	12,418	[1]	'	'	'
Leaseholds and Leasehold Improvements | Mount Sunapee Mountain Resort Newbury, New Hampshire	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	6,727		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	6,908	[1]	'	'	'
Leaseholds and Leasehold Improvements | Okemo Mountain Resort Ludlow, Vermont	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	25,086		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	25,144	[1]	'	'	'
Leaseholds and Leasehold Improvements | Crested Butte Mountain Resort Mt Crested Butte, Colorado	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	18,843		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	19,289	[1]	'	'	'
Leaseholds and Leasehold Improvements | Hawaiian Waters Kapolei, Hawaii	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	13,399		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	13,425	[1]	'	'	'
Leaseholds and Leasehold Improvements | Great Wolf Lodge Sandusky Sandusky, Ohio	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	27	[1]	'	'	'
Leaseholds and Leasehold Improvements | Anacapa Isle Marina Oxnard, California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	7,155		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	7,155	[1]	'	'	'
Leaseholds and Leasehold Improvements | Ballena Isle Marina Alameda, California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	4,793		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	5,280	[1]	'	'	'
Leaseholds and Leasehold Improvements | Cabrillo Isle Marina San Diego, California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	17,984		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	17,984	[1]	'	'	'
Leaseholds and Leasehold Improvements | Ventura Isle Marina Ventura California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	14,426		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	14,426	[1]	'	'	'
Leaseholds and Leasehold Improvements | Bohemia Vista Yacht Basin Chesapeake City, MD	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	362		'	'	'
Leaseholds and Leasehold Improvements | Hacks Point Marina Earleville, Maryland	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	148		'	'	'
Leaseholds and Leasehold Improvements | Pacific Park Santa Monica, California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	25,046		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	25,048	[1]	'	'	'
Leaseholds and Leasehold Improvements | Stevens Pass Skykomish, King And Chelan County, WA	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	13,084		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	14,032	[1]	'	'	'
Leaseholds and Leasehold Improvements | Phoenix Wet n Wild Waterpark Phoenix, Arizona	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	8,715		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	8,715	[1]	'	'	'
Buildings	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	819,911		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	926,098	[1]	'	'	'
Buildings | Gatlinburg Sky Lift Gatlinburg, Tennessee	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	175		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	175	[1]	'	'	'
Buildings | Hawaiian Falls Waterparks Garland And The Colony, Texas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	758		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	794	[1]	'	'	'
Buildings | Palmetto Hall Plantation Club Hilton Head, South Carolina	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	1,465		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	1,489	[1]	'	'	'
Buildings | Cypress Mountain Vancouver, British Columbia	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	735		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	13,128	[1]	'	'	'
Buildings | Raven Golf Club at South Mountain Phoenix, Arizona	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	1,340		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	1,437	[1]	'	'	'
Buildings | The Omni Mount Washington Resort and Bretton Woods Ski Area Bretton Woods, New Hampshire	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	28,114		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	62,039	[1]	'	'	'
Buildings | Bear Creek Golf Club Dallas, Texas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	1,248		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	1,456	[1]	'	'	'
Buildings | Funtasticks Fun Center Tucson, Arizona	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	1,413		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	1,437	[1]	'	'	'
Buildings | Zuma Fun Center South Houston, Texas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	558		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	584	[1]	'	'	'
Buildings | Weston Hills Country Club Weston, Florida	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	8,460		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	9,185	[1]	'	'	'
Buildings | Valencia Country Club Santa Clarita, California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	5,691		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	6,200	[1]	'	'	'
Buildings | Canyon Springs Golf Club San Antonio, Texas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	939		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	945	[1]	'	'	'
Buildings | The Golf Club At Cinco Ranch Houston, Texas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	454		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	483	[1]	'	'	'
Buildings | Golf Club at Fossil Creek Fort Worth, Texas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	1,040		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	1,395	[1]	'	'	'
Buildings | Lake Park Golf Club Dallas Fort Worth, Texas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	1,113		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	1,238	[1]	'	'	'
Buildings | Mansfield National Golf Club Dallas Fort Worth, Texas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	1,065		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	1,065	[1]	'	'	'
Buildings | Plantation Golf Club Dallas Fort Worth, Texas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	124		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	298	[1]	'	'	'
Buildings | Fox Meadow Country Club Medina, Ohio	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	2,542		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	2,721	[1]	'	'	'
Buildings | Lakeridge Country Club Lubbock, Texas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	1,971		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	2,051	[1]	'	'	'
Buildings | Mesa Del Sol Golf Club Yuma, Arizona	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	519		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	539	[1]	'	'	'
Buildings | Signature Golf Course Solon, Ohio	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	4,668		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	4,837	[1]	'	'	'
Buildings | Weymouth Country Club Medina, Ohio	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	4,739		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	4,847	[1]	'	'	'
Buildings | Burnside Marina Somerset, Kentucky	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	415		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	417	[1]	'	'	'
Buildings | Pier 121 Marina And Easthill Park Lewisville, Texas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	4,576		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	4,577	[1]	'	'	'
Buildings | Beaver Creek Marina Monticello, Kentucky	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	381		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	381	[1]	'	'	'
Buildings | Lake Front Marina Port Clinton, Ohio	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	485		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	546	[1]	'	'	'
Buildings | Sandusky Harbor Marina Sandusky, Ohio	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	3,428		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	3,444	[1]	'	'	'
Buildings | Cowboys Golf Club Grapevinem Texas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	2,072		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	2,686	[1]	'	'	'
Buildings | Brighton Ski Resort Brighton, Utah	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	11,233		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	13,341	[1]	'	'	'
Buildings | Clear Creek Golf Club Houston, Texas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	155		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	167	[1]	'	'	'
Buildings | Northstar At Tahoe Resort Lake Tahoe, California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	8,534		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	15,559	[1]	'	'	'
Buildings | Sierra At Tahoe Resort South Lake Tahoe, California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	8,574		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	9,742	[1]	'	'	'
Buildings | Loon Mountain Resort Lincoln, New Hampshire	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	4,673		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	6,075	[1]	'	'	'
Buildings | Summit At Snowqualmie Resort Snoqualmie Pass Washington	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	8,802		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	9,602	[1]	'	'	'
Buildings | White Water Bay Oklahoma City, Oklahoma	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	5,461		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	6,041	[1]	'	'	'
Buildings | Splashtown Houston, Texas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	1,609		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	2,068	[1]	'	'	'
Buildings | Waterworld Concord California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	728		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	905	[1]	'	'	'
Buildings | Elitch Gardens Denver, Colorado	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	7,480		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	7,968	[1]	'	'	'
Buildings | Darien Lake Buffalo, New York	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	21,967		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	23,089	[1]	'	'	'
Buildings | Frontier City Oklahoma City, Oklahoma	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	7,518		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	7,893	[1]	'	'	'
Buildings | Wild Waves And Enchanted Village Seattle, Washington	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	2,837		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	3,214	[1]	'	'	'
Buildings | Magic Springs And Crystal Falls Hot Springs, Arkansas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	10,409		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	10,669	[1]	'	'	'
Buildings | Manasquan River Club Brick Township, New Jersey	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	439		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	439	[1]	'	'	'
Buildings | Crystal Point Marina Point Pleasant, New Jersey	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	46		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	65	[1]	'	'	'
Buildings | Mountain High Resort Wrightwood, California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	7,571		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	8,039	[1]	'	'	'
Buildings | Holly Creek Marina Celina, Tennessee	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	465		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	472	[1]	'	'	'
Buildings | Eagle Cove Marina Byrdstown, Tennessee	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	1,692		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	1,730	[1]	'	'	'
Buildings | Sugarloaf Mountain Resort Carrabassett Valley, Maine	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	5,658		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	7,377	[1]	'	'	'
Buildings | Sunday River Resort Newry, Maine	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	12,256		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	13,430	[1]	'	'	'
Buildings | Great Lakes Marina Muskegon, Michigan	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	3,079		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	3,159	[1]	'	'	'
Buildings | The Village At Northstar Lake Tahoe, California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	33,932		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	37,705	[1]	'	'	'
Buildings | Arrowhead Country Club Glendale, Arizona	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	6,905		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	7,767	[1]	'	'	'
Buildings | Ancala Country Club Scottsdale, Arizona	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	5,498		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	6,122	[1]	'	'	'
Buildings | Tallgrass Country Club Witchita, Kansas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	1,549		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	1,802	[1]	'	'	'
Buildings | Deer Creek Golf Club Overland Park, Kansas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	2,206		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	2,482	[1]	'	'	'
Buildings | Arrowhead Golf Club Littleton, Colorado	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	2,119		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	2,379	[1]	'	'	'
Buildings | Hunt Valley Golf Club Phoenix, Maryland	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	3,709		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	4,288	[1]	'	'	'
Buildings | Meadowbrook Golf And Country Club Tulsa, Oklahoma	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	1,198		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	1,406	[1]	'	'	'
Buildings | Stonecreek Golf Club Phoenix, Arizona	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	2,400		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	2,721	[1]	'	'	'
Buildings | Painted Desert Golf Club Las Vegas, Nevada	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	290		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	387	[1]	'	'	'
Buildings | Eagle Brook Country Club Geneva, Illinios	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	4,923		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	5,516	[1]	'	'	'
Buildings | Majestic Oaks Golf Club Ham Lake, Minnesota	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	685		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	783	[1]	'	'	'
Buildings | Ruffled Feathers Golf Club Lemont, Illinios	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	4,544		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	5,070	[1]	'	'	'
Buildings | Tamarack Golf Club Naperville, Illinios	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	1,201		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	1,523	[1]	'	'	'
Buildings | Continental Golf Course Scottsdale, Arizona	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	676		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	757	[1]	'	'	'
Buildings | Tatum Ranch Golf Club Cave Creek, Arizona	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	2,861		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	3,105	[1]	'	'	'
Buildings | Kokopelli Golf Club Phoenix, Arizona	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	1,230		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	1,342	[1]	'	'	'
Buildings | Superstition Springs Golf Club Mesa, Arizona	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	1,937		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	2,190	[1]	'	'	'
Buildings | Legend At Arrowhead Golf Resort Glendale, Arizona	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	1,093		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	1,226	[1]	'	'	'
Buildings | London Bridge Golf Club Lake Havasu, Arizona	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	1,079		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	1,211	[1]	'	'	'
Buildings | Forest Park Golf Course St Louis, Missouri	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	1,819		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	2,077	[1]	'	'	'
Buildings | Micke Grove Golf Course Lodi, California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	405		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	467	[1]	'	'	'
Buildings | Shandin Hills Golf Club San Bernadino, California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	1,112		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	422	[1]	'	'	'
Buildings | Tradition Golf Club At Kiskiack Williamsburg, Virginia	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	412		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	423	[1]	'	'	'
Buildings | The Tradition Golf Club At The Crossings Glen Allen, Virginia	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	542		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	572	[1]	'	'	'
Buildings | The Tradition Golf Club At Broad Bay Virginia Beach, Virginia	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	1,680		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	1,766	[1]	'	'	'
Buildings | Brady Mountain Resort And Marina Royal, Arkansas	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	1,619		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	1,765	[1]	'	'	'
Buildings | David L. Baker Golf Course Fountain Valley, California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	1,068		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	1,338	[1]	'	'	'
Buildings | Las Vegas Golf Club Las Vegas, NV	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	775		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	791	[1]	'	'	'
Buildings | Meadowlark Golf Course Meadowlark Golf Course	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	1,310		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	1,357	[1]	'	'	'
Buildings | Coco Key Water Resort Orlando, Florida	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	5,440		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	25,918	[1]	'	'	'
Buildings | Montgomery Country Club Laytonsville, MD	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	1,352		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	1,496	[1]	'	'	'
Buildings | Links At Challedon Golf Club Mt. Airy, MD	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	547		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	569	[1]	'	'	'
Buildings | Mount Sunapee Mountain Resort Newbury, New Hampshire	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	5,253		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	5,368	[1]	'	'	'
Buildings | Okemo Mountain Resort Ludlow, Vermont	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	16,684		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	17,038	[1]	'	'	'
Buildings | Crested Butte Mountain Resort Mt Crested Butte, Colorado	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	11,188		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	12,393	[1]	'	'	'
Buildings | Jiminy Peak Mountain Resort Hancock, Massachusetts	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	8,164		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	8,305	[1]	'	'	'
Buildings | Hawaiian Waters Kapolei, Hawaii	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	3,458		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	3,602	[1]	'	'	'
Buildings | Great Wolf Lodge Wisconsin Dells Wisconsin Dells, Wisconsin	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	17,632		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	19,025	[1]	'	'	'
Buildings | Great Wolf Lodge Sandusky Sandusky, Ohio	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	30,061		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	31,011	[1]	'	'	'
Buildings | Anacapa Isle Marina Oxnard, California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	2,250		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	2,250	[1]	'	'	'
Buildings | Ballena Isle Marina Alameda, California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	2,906		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	3,188	[1]	'	'	'
Buildings | Cabrillo Isle Marina San Diego, California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	1,569		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	1,572	[1]	'	'	'
Buildings | Ventura Isle Marina Ventura California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	1,505		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	1,507	[1]	'	'	'
Buildings | Bohemia Vista Yacht Basin Chesapeake City, MD	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	23		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	32	[1]	'	'	'
Buildings | Hacks Point Marina Earleville, Maryland	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	5		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	16	[1]	'	'	'
Buildings | Pacific Park Santa Monica, California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	1,575		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	1,650	[1]	'	'	'
Buildings | Culpepper Place At Branson Meadow Branson, MO	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	8,338		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	8,341	[1]	'	'	'
Buildings | Culpepper of Springdale Springdale, AR	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	7,244		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	7,244	[1]	'	'	'
Buildings | Culpepper Place At Chesterfield Village Chesterfield, MO	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	10,080		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	10,080	[1]	'	'	'
Buildings | Culpepper Place Of Nevada Nevada, MO	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	319		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	319	[1]	'	'	'
Buildings | Culpepper Place Of Springfield Springfield, MO	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	6,152		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	6,152	[1]	'	'	'
Buildings | Culpepper Place Of Jonesboro Jonesboro, AR	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	6,196		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	6,199	[1]	'	'	'
Buildings | Culpepper Fayetteville Fayetteville, AK	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	12,040		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	12,040	[1]	'	'	'
Buildings | Town Center Village Portland, OR	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	35,813		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	36,732	[1]	'	'	'
Buildings | Stevens Pass Skykomish, King And Chelan County, WA	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	5,280		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	4,657	[1]	'	'	'
Buildings | Good Neighbor Washington Washington, IL	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	8,961		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	8,961	[1]	'	'	'
Buildings | Good Neighbor Pekin Pekin, IL	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	8,190		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	8,190	[1]	'	'	'
Buildings | Good Neighbor Sterling Sterling, IL	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	7,653		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	8,087	[1]	'	'	'
Buildings | Solomon Alpharetta Alpharetta, GA	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	12,434		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	12,441	[1]	'	'	'
Buildings | Solomon Fayetteville Fayetteville, GA	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	10,016		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	10,016	[1]	'	'	'
Buildings | Solomon Gainesville Gainesville, GA	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	31,695		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	31,705	[1]	'	'	'
Buildings | Solomon Stockbridge Stockbridge, GA	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	10,225		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	10,228	[1]	'	'	'
Buildings | Provision Living Godfrey Godfrey, IL	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	9,521		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	9,521	[1]	'	'	'
Buildings | Amber Ridge Memory Care Moline, IL	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	5,315		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	5,315	[1]	'	'	'
Buildings | Amber Ridge Assisted Living Moline, IL	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	2,240		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	2,350	[1]	'	'	'
Buildings | Lodge Carson City, Nevada	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	12,933		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	12,933	[1]	'	'	'
Buildings | Rapids Waterpark West Palm Beach, Florida	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	9,044		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	9,271	[1]	'	'	'
Buildings | Laurel Creek Cumming, Georgia	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	4,030		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	4,049	[1]	'	'	'
Buildings | Stratford Carmel, Indiana	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	29,841		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	29,841	[1]	'	'	'
Buildings | Pioneer Village Jacksonville, Oregon	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	11,958		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	11,958	[1]	'	'	'
Buildings | Bozeman Lodge Bozeman, Montana	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	26,660		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	26,660	[1]	'	'	'
Buildings | Soak City Palm Springs, California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	3,259		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	3,259	[1]	'	'	'
Buildings | Phoenix Wet n Wild Waterpark Phoenix, Arizona	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	4,748		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	4,748	[1]	'	'	'
Buildings | MorningStar at Dayton Place Denver, Colorado	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	23,441		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	23,441	[1]	'	'	'
Buildings | Chateau Vestavia Birmingham, Alabama	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	16,929		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	16,929	[1]	'	'	'
Buildings | Pacifica Peoria Peoria, Arizona	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	10,709		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	10,709	[1]	'	'	'
Buildings | Pacifica Portland Portland, Oregon	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	22,636		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	22,636	[1]	'	'	'
Buildings | Pacifica Santa Clarita Santa Clarita, California	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	17,254		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	17,254	[1]	'	'	'
Buildings | Pacifica Sun City Sun City, Florida	'		'	'	'
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Initial Costs, Buildings and Lease-hold Interests and Improvements	16,694		'	'	'
Gross Amounts at which Carried at Close of Period, Buildings and Lease-hold Interests and Improvements	$16,694	[1]	'	'	'
[1]	The aggregate cost for federal income tax purposes is approximately $2.2 billion.
[2]	Buildings and improvements are depreciated over 39 years. Leasehold improvements are depreciation over their estimated useful lives.
[3]	The property is encumbered at December 31, 2013.
[4]	The initial purchase price includes the original purchase price of $45.0 million, acquired July 23, 2006. On August 12, 2011, the Company purchased the golf facility, resort amenities and development land at this property for an additional $10.5 million. See Item 2. "Properties" for additional information.

Schedule_IIIReal_Estate_and_Ac1

Schedule III-Real Estate and Accumulated Depreciation (Summary of Transactions in Real Estate and Accumulated Depreciation) (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013		Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'		'	'	'
Real Estate gross carrying value, Beginning Balance	$2,216,709		$2,044,936	$1,945,414	'
Acquisitions	249,136		190,787	148,139	'
Dispositions and assets held for sale	-181,424		-18,334	-31,926	'
Impairment provision	-142,354		-680	-16,691	-26,880
Real Estate gross carrying value, Ending Balance	2,142,067	[1]	2,216,709	2,044,936	1,945,414
Real Estate accumulated depreciation, Beginning Balance	-355,891		-282,937	-219,625	'
Depreciation	-77,484		-73,055	-68,034	'
Accumulated depreciation on dispositions and assets held for sale	18,159		101	4,722	'
Real Estate accumulated depreciation, Ending Balance	($415,216)	[1]	($355,891)	($282,937)	($219,625)
[1]	The aggregate cost for federal income tax purposes is approximately $2.2 billion.

Schedule_IIIReal_Estate_and_Ac2

Schedule III-Real Estate and Accumulated Depreciation (Parenthetical) (Detail) (USD $)	1 Months Ended		12 Months Ended
	Aug. 12, 2011	Jul. 23, 2006	Dec. 31, 2013	Dec. 31, 2012
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]	'	'	'	'
Buildings and improvements useful life	'	'	'39 years	'
Aggregate cost for federal income tax purpose	'	'	$2,200,000,000	'
Purchase Price	$10,500,000	$45,000,000	$244,859,000	$190,150,000

Recovered_Sheet4

Schedule IV-Mortgage Loans on Real Estate (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013		Dec. 31, 2012
Mortgage Loans on Real Estate [Line Items]	'		'
Interest Rate	11.00%		'
Term loan receivable, interest rate above LIBOR	4.00%		'
Accrued Interest	$5,655		$5,301
Loan Principal Balance	117,014		121,019
Acquisition fees, net	97		109
Loan loss provision	-4,803	[1],[2]	-1,699	[1],[2]
Loan Principal Balance, total carrying amount	117,963		124,730
Accrued interest	'		'
Mortgage Loans on Real Estate [Line Items]	'		'
Accrued Interest	5,655		'
Big Sky Resort	'		'
Mortgage Loans on Real Estate [Line Items]	'		'
Date of Loan Agreement(s)	23-Sep-08		'
Maturity date	1-Sep-14		'
Interest Rate	12.00%		'
Loan Principal Balance	68,000		68,000
Big Sky Resort | Accrued interest	'		'
Mortgage Loans on Real Estate [Line Items]	'		'
Accrued Interest	680		'
CMR Properties, LLC and CM Resort, LLC (one ski property)	'		'
Mortgage Loans on Real Estate [Line Items]	'		'
Date of Loan Agreement(s)	15-Jun-10	[1],[3]	'
Maturity date	30-Sep-22	[1],[3]	'
Interest Rate, minimum	9.00%	[3]	'
Interest Rate, maximum	11.00%	[3]	'
Loan Principal Balance	16,620	[1]	16,537	[1]
CMR Properties, LLC and CM Resort, LLC (one ski property) | Accrued interest	'		'
Mortgage Loans on Real Estate [Line Items]	'		'
Accrued Interest	877	[3]	'
Boyne USA, Inc. (four ski resorts)	'		'
Mortgage Loans on Real Estate [Line Items]	'		'
Date of Loan Agreement(s)	10-Aug-09		'
Maturity date	1-Sep-14		'
Interest Rate, minimum	6.30%		'
Interest Rate, maximum	15.00%		'
Loan Principal Balance	13,896		18,081
Boyne USA, Inc. (four ski resorts) | Accrued interest	'		'
Mortgage Loans on Real Estate [Line Items]	'		'
Accrued Interest	3,439		'
Evergreen Alliance Golf Limited, L.P.	'		'
Mortgage Loans on Real Estate [Line Items]	'		'
Date of Loan Agreement(s)	12-Nov-10	[2]	'
Maturity date	31-Dec-16	[2]	'
Interest Rate	4.00%	[2]	'
Term loan receivable, interest rate above LIBOR	4.00%	[2]	'
Loan Principal Balance	5,781	[2]	5,911	[2]
Evergreen Alliance Golf Limited, L.P. | Accrued interest	'		'
Mortgage Loans on Real Estate [Line Items]	'		'
Accrued Interest	438	[2]	'
PARC Myrtle Waves, LLC (one attractions property)	'		'
Mortgage Loans on Real Estate [Line Items]	'		'
Date of Loan Agreement(s)	10-Feb-11	[1],[3]	'
Maturity date	10-Feb-21	[1],[3]	'
Interest Rate	7.50%	[1],[3]	'
Loan Principal Balance	9,000	[1],[2]	9,000	[1],[2]
PARC Myrtle Waves, LLC (one attractions property) | Accrued interest	'		'
Mortgage Loans on Real Estate [Line Items]	'		'
Accrued Interest	169		'
Grand Prix Tampa, LLC (one attractions property)	'		'
Mortgage Loans on Real Estate [Line Items]	'		'
Date of Loan Agreement(s)	31-Jul-11		'
Maturity date	31-Jul-16		'
Interest Rate	8.50%		'
Loan Principal Balance	3,442		3,490
Grand Prix Tampa, LLC (one attractions property) | Accrued interest	'		'
Mortgage Loans on Real Estate [Line Items]	'		'
Accrued Interest	48		'
RSA Properties, Misson Hills (one golf facility)	'		'
Mortgage Loans on Real Estate [Line Items]	'		'
Date of Loan Agreement(s)	28-Mar-13		'
Maturity date	1-Apr-14		'
Interest Rate	9.00%		'
Loan Principal Balance	275		'
RSA Properties, Misson Hills (one golf facility) | Accrued interest	'		'
Mortgage Loans on Real Estate [Line Items]	'		'
Accrued Interest	4	[3]	'
Accruing Interest	'		'
Mortgage Loans on Real Estate [Line Items]	'		'
Accrued Interest	5,655		5,301
Loan loss provision	'		'
Mortgage Loans on Real Estate [Line Items]	'		'
Loan loss provision	($4,803)	[2],[3]	($1,699)	[2],[3]
[1]	In December 2013, one of the Company's borrowers approached the Company about modifying the terms of their debt service payments due to its current financial challenges. In anticipation of providing payment concessions to the borrower , the Company recorded a loan loss provision of approximately $1.8 million representing the difference between the expected future cash flows discounted at the original loan's effective interest rate and the net carrying value of the loan. In addition, the Company expects to foreclose on an attractions property that serves as collateral on one of its other existing loans and recorded a loan loss provision of approximately $1.3 million based on the estimated fair value of the collateral.
[2]	In April 2012, the Company restructured a $6 million outstanding working capital line of credit receivable with a borrower that was having financial difficulties into a $6 million term loan. As part of the restructure, the Company reduced the interest rate from a fixed rate of 11% per annum to a rate of LIBOR plus 4% per annum and extended the maturity date from November 2013 to December 2016, with no payments of principal or interest required until January 2014. The borrower has an option to extend the maturity date to December 2021, subject to certain terms and conditions. During 2012, the Company recorded a loan loss provision under this troubled debt restructure of approximately $1.7 million representing the difference between the expected future cash flows discounted at the original loan's effective interest rate and the net carrying value of the loan. Additionally, as part of the restructure, any percentage rent received for certain of the golf facilities will be used to reduce the term loan until it is paid in full. The percentage rent recorded as a reduction to the term loan amounted to approximately $0.1 million for each of the years ended December 31, 2013 and 2012, respectively.
[3]	In December 2013, one of the Company's borrowers approached the Company about modifying the terms of their debt service payments due to its current financial challenges. In anticipation of providing payment concessions to the borrower, the Company recorded a loan loss provision of approximately $1.8 million representing the difference between the expected future cash flows discounted at the original loan's effective interest rate and the net carrying value of the loan. In addition, the Company expects to foreclose on an attractions property that serves as collateral on one of its other existing loans and recorded a loan loss provision of approximately $1.3 million based on the estimated fair value of the collateral.

Schedule_IVMortgage_Loans_on_R1

Schedule IV-Mortgage Loans on Real Estate (Parenthetical) (Detail) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2013		Dec. 31, 2012
Mortgage Loans on Real Estate [Line Items]	'		'
Working capital line of credit receivable restructured amount	$6		'
Term loan receivable	6		'
Interest Rate	11.00%		'
Term loan receivable, interest rate above LIBOR	4.00%		'
Term loan receivable, earliest maturity date	'2016-12		'
Earliest payment date of principal or interest	'2014-01		'
Term loan receivable, latest maturity date	'2021-12		'
Percentage rent recorded as a reduction to term loan	0.1		0.1
Troubled Debt Restructuring	'		'
Mortgage Loans on Real Estate [Line Items]	'		'
Loan loss provision	1.7		1.7
CMR Properties, LLC and CM Resort, LLC (one ski property)	'		'
Mortgage Loans on Real Estate [Line Items]	'		'
Loan loss provision	1.8		'
PARC Myrtle Waves, LLC (one attractions property)	'		'
Mortgage Loans on Real Estate [Line Items]	'		'
Interest Rate	7.50%	[1],[2]	'
Loan loss provision	$1.30		'
[1]	In December 2013, one of the Company's borrowers approached the Company about modifying the terms of their debt service payments due to its current financial challenges. In anticipation of providing payment concessions to the borrower , the Company recorded a loan loss provision of approximately $1.8 million representing the difference between the expected future cash flows discounted at the original loan's effective interest rate and the net carrying value of the loan. In addition, the Company expects to foreclose on an attractions property that serves as collateral on one of its other existing loans and recorded a loan loss provision of approximately $1.3 million based on the estimated fair value of the collateral.
[2]	In December 2013, one of the Company's borrowers approached the Company about modifying the terms of their debt service payments due to its current financial challenges. In anticipation of providing payment concessions to the borrower, the Company recorded a loan loss provision of approximately $1.8 million representing the difference between the expected future cash flows discounted at the original loan's effective interest rate and the net carrying value of the loan. In addition, the Company expects to foreclose on an attractions property that serves as collateral on one of its other existing loans and recorded a loan loss provision of approximately $1.3 million based on the estimated fair value of the collateral.

Schedule_IVMortgage_Loans_on_R2

Schedule IV-Mortgage Loans on Real Estate (Summary of Mortgage Loans on Real Estate) (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Mortgage Loans on Real Estate [Line Items]	'	'
Balance at beginning of period	$124,730	$124,352
New mortgage loans	408	5,526
Principal reduction	-4,413	-4,879
Loan loss provision	-3,104	-1,699
Accrued and deferred interest	354	2,035
Acquisition fees allocated, net	-12	-645
Loan origination fees, net	'	40
Mortgage Loans on Real Estate	$117,963	$124,730