Summit Healthcare REIT 10-Q 13 Nov 14 2014 Q3 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	9 Months Ended
	Sep. 30, 2014	Nov. 10, 2014
Document Information [Line Items]	'	'
Entity Registrant Name	'Summit Healthcare REIT, Inc	'
Entity Central Index Key	'0001310383	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Common Stock, Shares Outstanding	'	23,028,014
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	30-Sep-14	'
Document Fiscal Period Focus	'Q3	'
Document Fiscal Year Focus	'2014	'

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Sep. 30, 2014	Dec. 31, 2013
ASSETS	'	'
Cash and cash equivalents	$6,130,000	$10,538,000
Restricted cash	3,068,000	646,000
Real estate properties (certain assets held in variable interest entity):	'	'
Land	6,772,000	6,502,000
Buildings and improvements, net	69,258,000	63,358,000
Furniture and fixtures, net	5,003,000	5,454,000
Real estate properties, net	81,033,000	75,314,000
Notes receivable	139,000	208,000
Deferred cost and deposits	364,000	114,000
Deferred financing costs, net	1,666,000	1,023,000
Tenant and other receivables, net	2,480,000	1,173,000
Deferred leasing commission, net	1,899,000	2,389,000
Other assets, net	450,000	299,000
Assets of variable interest entity held for sale	4,113,000	4,299,000
Total assets	101,342,000	96,003,000
LIABILITIES AND STOCKHOLDERS' EQUITY	'	'
Accounts payable and accrued liabilities	1,839,000	972,000
Payable to related parties	1,000	175,000
Accrued salaries and benefits	175,000	0
Prepaid rent and deferred revenue	0	32,000
Security deposits	1,596,000	1,774,000
Liabilities (certain liabilities held in variable interest entity):	'	'
Loan payable	61,131,000	52,819,000
Liabilities of variable interest entity held for sale	2,701,000	2,769,000
Total liabilities	67,443,000	58,541,000
Commitment, contingencies and subsequent events	'	'
Preferred stock, $0.001 par value; 10,000,000 shares authorized; no shares issued or outstanding at September 30, 2014 and December 31, 2013	'	'
Common stock, $0.001 par value; 290,000,000 shares authorized; 23,028,014 and 23,028,285 shares issued and outstanding at September 30, 2014 and December 31, 2013, respectively.	23,000	23,000
Additional paid-in capital	117,226,000	117,226,000
Accumulated deficit	-80,175,000	-77,096,000
Total stockholders' equity	37,074,000	40,153,000
Noncontrolling interest	-3,175,000	-2,691,000
Total equity	33,899,000	37,462,000
Total liabilities and equity	$101,342,000	$96,003,000

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Preferred stock, par value (in dollars per share)	$0.00	$0.00
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in dollars per share)	$0.00	$0.00
Common stock, shares authorized	290,000,000	290,000,000
Common stock, shares issued	23,028,014	23,028,285
Common stock, shares outstanding	23,028,014	23,028,285

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Revenues:	'	'	'	'
Rental revenues	$1,662,000	$1,551,000	$5,027,000	$4,185,000
Resident services and fee income	2,100,000	0	3,559,000	0
Tenant reimbursements and other income	181,000	165,000	554,000	380,000
Interest income from notes receivable	0	13,000	4,000	38,000
Revenues, Total	3,943,000	1,729,000	9,144,000	4,603,000
Expenses:	'	'	'	'
Property operating costs	2,181,000	216,000	4,226,000	519,000
General and administrative	1,141,000	694,000	2,917,000	2,552,000
Asset management fees and expenses	0	271,000	205,000	865,000
Real estate acquisition costs	-4,000	121,000	0	257,000
Depreciation and amortization	873,000	627,000	2,984,000	1,709,000
(Collection of ) Reserve for excess advisor obligation	0	-50,000	189,000	-100,000
Costs and Expenses, Total	4,191,000	1,879,000	10,521,000	5,802,000
Operating loss	-248,000	-150,000	-1,377,000	-1,199,000
Other income and (expense):	'	'	'	'
Other income	0	23,000	104,000	33,000
Interest expense	-882,000	-574,000	-2,319,000	-1,517,000
Loss from continuing operations	-1,130,000	-701,000	-3,592,000	-2,683,000
Discontinued operations:	'	'	'	'
Income (loss)	36,000	-1,009,000	-200,000	-1,009,000
Impairment of real estate	0	0	0	-3,368,000
Gain on sales of real estate	0	1,323,000	0	5,411,000
Income (loss) from discontinued operations	36,000	314,000	-200,000	1,034,000
Net loss	-1,094,000	-387,000	-3,792,000	-1,649,000
Noncontrolling interest's share in losses	135,000	274,000	713,000	738,000
Net loss applicable to common shares	($959,000)	($113,000)	($3,079,000)	($911,000)
Basic and diluted loss per common share	'	'	'	'
Continuing operations (in dollars per share)	($0.04)	($0.03)	($0.16)	($0.12)
Discontinued operations (in dollars per share)	$0	$0.03	$0.03	$0.08
Net loss applicable to common shares (in dollars per share)	($0.04)	$0	($0.13)	($0.04)
Weighted average shares used to calculate basic and diluted net loss per common share (in shares)	23,028,014	23,028,285	23,028,014	23,028,285
Distributions declared per common share (in dollars per share)	$0	$0	$0	$0

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENT OF EQUITY (USD $)	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]	Parent [Member]	Noncontrolling Interests [Member]
Balance at Dec. 31, 2013	$37,462,000	$23,000	$117,226,000	($77,096,000)	$40,153,000	($2,691,000)
Balance (in shares) at Dec. 31, 2013	'	23,028,285	'	'	'	'
Surrendered shares	'	-271	'	'	'	'
Dividends paid to noncontrolling interests	-28,000	0	0	0	0	-28,000
Noncontrolling interest contribution	257,000	0	0	0	0	257,000
Net loss	-3,792,000	0	0	-3,079,000	-3,079,000	-713,000
Balance at Sep. 30, 2014	$33,899,000	$23,000	$117,226,000	($80,175,000)	$37,074,000	($3,175,000)
Balance (in shares) at Sep. 30, 2014	'	23,028,014	'	'	'	'

CONDENSED_CONSOLIDATED_STATEME2

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Cash flows from operating activities:	'	'
Net loss	($3,792,000)	($1,649,000)
Adjustments to reconcile net loss to net cash used in operating activities:	'	'
Amortization of deferred financing costs	263,000	119,000
Depreciation and amortization	2,984,000	2,215,000
Straight-line rents and amortization of above/below market rents	-339,000	-441,000
Bad debt expense	37,000	7,000
Impairment of real estate	0	3,368,000
Write-off of lease commission, straight-line rent receivables and other assets, net	0	1,049,000
Gain on sales of real estate	0	-5,411,000
Change in operating assets and liabilities:	'	'
Tenant and other receivables, net	-849,000	38,000
Prepaid and other assets	15,000	621,000
Preferred leasing commission	0	-704,000
Prepaid rent, security deposit and deferred revenues	-425,000	12,000
Receivables from related parties	-173,000	-202,000
Deferred costs and deposits	0	11,000
Accounts payable and accrued expenses	1,048,000	93,000
Net cash used in operating activities	-1,231,000	-874,000
Cash flows from investing activities	'	'
Restricted cash	-2,422,000	-283,000
Deferred acquisition costs	-233,000	-153,000
Real estate acquisitions and capitalized costs	-8,036,000	-18,555,000
Real estate improvements	-226,000	-54,000
Proceeds/issuance from note receivable	69,000	0
Proceeds from real estate dispositions	0	44,955,000
Net cash (used in) provided by investing activities	-10,848,000	25,910,000
Cash flows from financing activities:	'	'
Proceeds from issuance of loan payable	30,240,000	13,125,000
Security deposits refunded/received, net	21,000	-66,000
Repayment of loans payable	-22,020,000	-21,975,000
Non-controlling interest contribution	257,000	533,000
Distributions paid to non-controlling interests	-28,000	-75,000
Deferred financing costs	-906,000	-375,000
Net cash provided by (used in) financing activities	7,564,000	-8,833,000
Net (decrease) increase in cash and cash equivalents	-4,515,000	16,203,000
Cash and cash equivalents - beginning of period	10,538,000	1,067,000
Cash and cash equivalents - end of period (including cash of VIE)	6,147,000	17,270,000
Less cash and cash equivalents of VIE held for sale - end of period (see Note 10)	-17,000	-109,000
Cash and cash equivalents - end of period	6,130,000	17,161,000
Supplemental disclosure of cash flow information:	'	'
Cash paid for interest	2,023,000	1,790,000
Supplemental disclosure of non-cash financing and investing activities:	'	'
Distribution declared not paid	0	5,000
Deferred acquisition costs	0	61,000
Deferred loan origination fees	0	13,000
Proceeds from non-controlling interests	0	90,000
Security deposit not received	$198,000	$72,000

Organization

Organization	9 Months Ended
	Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	'
	1. Organization
	Summit Healthcare REIT, Inc., a Maryland Corporation, was formed on October 22, 2004 under the General Corporation Law of Maryland for the purpose of engaging in the business of investing in and owning commercial real estate. As used in this report, the “Company”, “we”, “us” and “our” refer to Summit Healthcare REIT, Inc. and its consolidated subsidiaries (including variable interest entities) except where the context otherwise requires. Until April 1, 2014 and subject to certain restrictions and limitations, our business was managed pursuant to an advisory agreement (the “Advisory Agreement”) with Cornerstone Realty Advisors, LLC (“CRA”). Beginning April 1, 2014, the Company became self-managed and has hired employees to directly manage its operations.
	Generally we conduct substantially all of our operations through Cornerstone Operating Partnership, L.P. (the “Operating Partnership”), a Delaware limited partnership, which was formed on November 30, 2004. At September 30, 2014, we own a  99.88% general partner interest in the Operating Partnership while CRA owns a  0.12% limited partnership interest. Our financial statements and the financial statements of the Operating Partnership are consolidated in the accompanying condensed consolidated financial statements. These financial statements include consolidation of a variable interest entity (“VIE”) that is currently classified as held for sale (see Note 10). All intercompany accounts and transactions have been eliminated in consolidation.
	In 2012, we formed Cornerstone Healthcare Partners LLC (“CHP LLC”) with Cornerstone Healthcare Real Estate Fund, Inc. (“CHREF”), an affiliate of CRA. We own  95% of CHP LLC, with the remaining 5% owned by CHREF. As CHP LLC’s equity holders have voting rights disproportionate to their economic interests in the entity, CHP LLC is considered to be a VIE. We have a controlling financial interest in CHP LLC because we have the power to direct the activities of the VIE that most significantly impact its economic performance and we have the obligation to absorb the VIE’s losses and the right to receive benefits from the VIE. Consequently, we are deemed to be the primary beneficiary of the VIE, and therefore have consolidated the operations of the VIE beginning in the third quarter of 2012.
	During 2012, we acquired Sheridan Care Center, Fern Hill Care Center, Farmington Square, Friendship Haven Healthcare and Rehabilitation Center (“Friendship Haven”) and Pacific Health and Rehabilitation Center healthcare properties (collectively, the “JV Properties”) through CHP LLC. In the third quarter of 2013, as part of our strategy to raise new property level joint venture equity capital to support growth and diversify operator, geographic and other risks, we caused CHP LLC to sell a portion of its interests in the JV Properties to third party investors. Proceeds from the sale of interests in these JV Properties were $0.9 million as of September 30, 2014, of which we received $0.8 million and CHREF received $41,000. At September 30, 2014, we owned an  89.0% interest in the JV Properties, CHREF owned a  4.7% interest and third party investors owned  6.3%. The CHP LLC offering has been terminated.
	In May 2014, we formed a taxable REIT subsidiary (“TRS”) which became the licensed operator of Friendship Haven (see Note 4).

Summary_of_Significant_Account

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2014
Accounting Policies [Abstract]	'
Significant Accounting Policies [Text Block]	'
	2. Summary of Significant Accounting Policies
	For more information regarding our significant accounting policies and estimates, please refer to “Summary of Significant Accounting Policies” contained in our Annual Report on Form 10-K for the year ended December 31, 2013 filed with the Securities and Exchange Commission (“SEC”) on March 31, 2014. There have been no material changes to our policies since this filing, except as follows:
	We recognize resident fees monthly as services are provided in cases where we serve as the licensed operator of our facilities (see Note 4).
	The accompanying Condensed Consolidated Balance Sheet at December 31, 2013 has been derived from the audited consolidated financial statements at that date. We assume that users of these condensed consolidated financial statements have read or have access to the audited December 31, 2013 consolidated financial statements and Management's Discussion and Analysis of Financial Condition and Results of Operations and that the adequacy of additional disclosure needed for a fair presentation, except in regard to material contingencies, may be determined in that context. Accordingly, footnotes and other disclosures which would substantially duplicate those contained in our most recent Annual Report on Form 10-K for the year ended December 31, 2013 have been omitted in this report.
	Principles of Consolidation and Basis of Presentation
	The accompanying condensed consolidated financial statements include the accounts of the Company, its wholly-owned subsidiaries, CHP LLC (of which the Company owns  95%) and Nantucket Acquisition LLC, a variable interest entity (see Note 10). All intercompany accounts and transactions have been eliminated in consolidation.
	The accompanying financial information reflects all adjustments, which are, in the opinion of management, of a normal recurring nature and necessary for a fair presentation of our financial position, results of operations and cash flows for the interim periods. Interim results of operations are not necessarily indicative of the results to be expected for the full year. Operating results for the nine months ended September 30, 2014 are not necessarily indicative of the results that may be expected for the year ending December 31, 2014.
	Recently Issued Accounting Pronouncements
	In August 2014, the FASB issued Accounting Standards Update No. 2014-15, Presentation of Financial Statements – Going Concern (ASU 2014-15). This ASU requires an entity’s management to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the entity’s ability to continue as a going concern within one year after the date that the financial statements are issued. The ASU requires disclosures that will enable financial statement users to understand the conditions and events that raise substantial doubt about the entity’s ability to continue as a going concern and management’s plans to alleviate such conditions and events. If substantial doubt cannot be alleviated, an entity must include a statement in the footnotes to the financial statements indicating that there is substantial doubt about the entity’s ability to continue as a going concern.
	The standard is effective for the annual period ending after December 15, 2016, and for annual and interim periods thereafter. Early application is permitted. The Company is still evaluating the impact of this new standard but does not expect it to have a material effect on the Consolidated Financial Statements, when adopted.
	In May 2014, the FASB issued Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (ASU 2014-09), which supersedes nearly all existing revenue recognition guidance under U.S. GAAP. The core principle of ASU 2014-09 is to recognize revenues when promised goods or services are transferred to customers in an amount that reflects the consideration to which an entity expects to be entitled for those goods or services. ASU 2014-09 defines a five step process to achieve this core principle and, in doing so, more judgment and estimates may be required within the revenue recognition process than are required under existing U.S. GAAP.
	The standard is effective for annual periods beginning after December 15, 2016, and interim periods therein, using either of the following transition methods: (i) a full retrospective approach reflecting the application of the standard in each prior reporting period with the option to elect certain practical expedients, or (ii) a retrospective approach with the cumulative effect of initially adopting ASU 2014-09 recognized at the date of adoption (which includes additional footnote disclosures). We are currently evaluating the impact of our pending adoption of ASU 2014-09 on our consolidated financial statements and have not yet determined the method by which we will adopt the standard in 2017.
	In April 2014, the FASB issued Accounting Standards Update No. 2014-08, “Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity.” This ASU changes the requirements for reporting discontinued operations by raising the threshold for a disposal to qualify as a discontinued operation and requires new disclosures of both discontinued operations and certain other disposals that do not meet the definition of a discontinued operation. The standard limits discontinued operations reporting to disposals of components of an entity that represent strategic shifts that have (or will have) a major effect on an entity’s operations and financial results.
	This standard is effective for the Company on a prospective basis for annual periods beginning on January 1, 2015 and interim periods within that year. Early adoption is permitted but only for disposals (or classifications as held for sale) that have not been reported in financial statements previously issued. The Company is still evaluating the impact of this new standard but does not expect it to have a material effect on the Consolidated Financial Statements, when adopted.
	Reclassifications
	Certain amounts in the Company’s Condensed Consolidated Financial Statements for prior periods have been reclassified to conform to the current period presentation. Assets held for sale, and related liabilities, have been reclassified in the Company’s Condensed Consolidated Balance Sheets, and the operating results of those assets, including assets sold, have been reclassified from continuing to discontinued operations for all periods presented.

Fair_Value_Measurements_of_Fin

Fair Value Measurements of Financial Instruments	9 Months Ended
	Sep. 30, 2014
Fair Value Disclosures [Abstract]	'
Fair Value Disclosures [Text Block]	'
	3. Fair Value Measurements of Financial Instruments
	Our condensed consolidated balance sheets include the following financial instruments: cash and cash equivalents, notes receivable, certain other assets, deferred costs and deposits, payable to related parties, prepaid rent and deferred revenue, security deposits and loan payable. With the exception of notes receivable and loan payable discussed below, we consider the carrying values to approximate fair value for such financial instruments because of the short period of time between origination of the instruments and their expected payment.
	As of September 30, 2014 and December 31, 2013, the fair value of loan payable was $61.6 million and $52.9 million compared to the carrying value of $61.1 million and $52.8 million, respectively. The fair value of loan payable is estimated using lending rates available to us for financial instruments with similar terms and maturities. To estimate fair value at September 30, 2014, we utilized a discount rate of 4.75%.
	As a result of our ongoing analysis for potential impairment of our investments in real estate, we may be required to adjust the carrying value of certain assets to their estimated fair values, or estimated fair value less selling costs, under certain circumstances (see Note 4). No impairments were recorded during the three and nine months ended September 30, 2014.
	At September 30, 2014 and December 31, 2013, we do not have any financial assets or financial liabilities that are measured at fair value on a recurring basis in our condensed consolidated financial statements.

Investments_in_Real_Estate

Investments in Real Estate	9 Months Ended
	Sep. 30, 2014
Real Estate [Abstract]	'
Real Estate Disclosure [Text Block]	'
	4. Investments in Real Estate
	As of September 30, 2014, our portfolio consists of thirteen properties which were 100.0% leased to the operators of the related facilities. The following table provides summary information regarding our properties.
															September
															30
															2014
							Square			Purchase					%
	Property (1)		Location		Date Purchased		Footage			Price			Debt		Leased
	Sheridan Care
	Center		Sheridan, OR		3-Aug-12			13,912		$	4,100,000		$	5,198,000	100	%
	Fern Hill Care
	Center		Portland, OR		3-Aug-12			13,344			4,500,000			4,560,000	100	%
	Farmington
	Square		Medford, OR		14-Sep-12			32,557			8,500,000			6,880,000	100	%
	Friendship
	Haven
	Healthcare
	and
	Rehabilitation
	Center (2)		Galveston County, TX		14-Sep-12			56,968			15,000,000			6,374,000	100	%	-5
	Pacific Health
	and
	Rehabilitation
	Center		Tigard, OR		24-Dec-12			25,082			8,140,000			7,602,000	100	%
	Danby House		Winston-Salem, NC		31-Jan-13			26,703			9,700,000			7,275,000	100	%
	Brookstone of
	Aledo(3)		Aledo, IL		2-Jul-13			49,420			8,625,000			5,842,000	100	%
	The Shelby
	House		Shelby, NC		4-Oct-13			23,074			4,500,000			3,375,000	100	%
	The Hamlet
	House		Hamlet, NC		4-Oct-13			34,638			6,500,000			4,830,000	100	%
	The Carteret
	House		Newport, NC		4-Oct-13			29,570			4,300,000			3,195,000	100	%
	Sundial Assisted Living(4)		Redding, CA		18-Dec-13			26,081			3,500,000			—	100	%
	Juniper
	Village at
	Lamar		Lamar, CO		22-Sep-14			18,804			4,500,000			3,418,000	100	%
	Juniper
	Village at
	Monte Vista		Monte Vista, CO		22-Sep-14			20,190			3,400,000			2,582,000	100	%
	Total:							370,343		$	85,265,000		$	61,131,000	100	%
		-1	The above table excludes Sherburne Commons Residences, LLC (“Sherburne Commons”), VIE for which we became the primary beneficiary and began consolidating its financial results as of June 30, 2011. As of October 19, 2011, Sherburne Commons was classified as held for sale (See Note 15).
		-2	We terminated the lease with the operator of this facility on March 16, 2014 and became the licensed operator of the facility on May 1, 2014 through a wholly- owned taxable REIT subsidiary (see Friendship Haven Taxable REIT Subsidiary).
		-3	Formerly known as Heritage Woods of Aledo.
		-4	Formerly known as Redding Assisted Living.
		-5	Friendship Haven is currently being operated by a wholly-owned subsidiary of the Company.
	As of September 30, 2014, adjusted cost and accumulated depreciation and amortization related to investments in real estate, including the CHP LLC acquisitions, and excluding assets of variable interest entity held for sale, were as follows:
									Furniture
						Buildings and			and
	Healthcare		Land			Improvements			Fixture			Total
	Investments in real estate		$	6,772,000		$	72,484,000		$	6,891,000		$	86,147,000
	Less: accumulated depreciation and
	amortization			—			-3,226,000			-1,888,000			-5,114,000
	Net investments in real estate		$	6,772,000		$	69,258,000		$	5,003,000		$	81,033,000
	Friendship Haven Taxable REIT Subsidiary
	Beginning in January 2014, the tenant/operator of the Friendship Haven ceased paying rent payments due to us under the lease agreement. On March 16, 2014, we terminated the lease agreement. Effective May 1, 2014, we became the licensed operator of the facility through a wholly-owned taxable REIT subsidiary (“TRS”). Upon becoming the licensed operator of the facility, we entered into a management agreement with an affiliate of Stonegate Senior Living (“Stonegate”). We plan to operate the facility with the Stonegate affiliate or another operator until a long-term lease agreement can be secured with a financially stable tenant/operator. We are currently seeking to secure a long term triple net lease with an operator and hope to finalize an arrangement in early 2015.
	Impairments
	We conduct a comprehensive review of our real estate assets for impairment. We recorded no impairment charges related to properties held and used for the nine months ended September 30, 2014 and 2013.
	Real Estate Held for Sale
	We sold our remaining industrial assets in 2013. Consequently, we reclassified these properties to real estate held for sale and their financial operations to discontinued operations for the first quarter of 2013. When assets are classified as held for sale, they are recorded at the lower of carrying value or the estimated fair value of the asset, net of estimated selling costs. For the three and nine months ended September 30, 2014 and 2013, we recorded $0 and $3.4 million impairment to real estate held for sale.
	See Note 15 for discussion of amounts recorded in discontinued operations.
	Leasing Commissions
	Leasing commissions are capitalized at cost and amortized on a straight-line basis over the related lease term. As of September 30, 2014 and December 31, 2013, the unamortized balance of capitalized leasing commissions was $1.9 million and $2.4 million, respectively. The amortization of Friendship Haven’s leasing commission totaling $0.4 million was accelerated due to the lease termination on March 16, 2014. Amortization expense for the three months ended September 30, 2014 and 2013 was $40,000 and $41,000, respectively. Amortization expense related to capitalized leasing commission for the nine months ended September 30, 2014 and 2013 was $489,000 and $108,000, respectively.
	Acquisitions
Juniper Facilities
On September 22, 2014, we acquired two skilled nursing facilities in Lamar and Monte Vista, Colorado for a total purchase price of $7.9 million and leased the facilities to Dakavia Management Corporation for an initial term of 15 years, plus one five year renewal option. Each facility has a total of 60 beds. The initial lease rate is 10% with fixed annual escalators. Because the facilities were owner-occupied, we accounted for the acquisition as an asset purchase.
The following sets forth the allocation of the purchase price of the properties acquired in 2014 as well as the associated acquisitions costs, which have been capitalized.
		Lamar			Monte Vista			Total
Land		$	159,000		$	111,000		$	270,000
Buildings & improvements			4,163,000			3,029,000			7,192,000
Site improvements			59,000			144,000			203,000
Furniture & fixtures			194,000			184,000			378,000
Real estate acquisition and capitalized costs		$	4,575,000		$	3,468,000		$	8,043,000
Third-party acquisition costs, capitalized (included above)		$	75,000		$	68,000		$	143,000

Allowance_for_Doubtful_Account

Allowance for Doubtful Accounts	9 Months Ended
	Sep. 30, 2014
Allowance For Doubtful Accounts [Abstract]	'
Allowance For Doubtful Accounts [Text Block]	'
	5. Allowance for Doubtful Accounts
	Allowance for doubtful accounts was $37,000 and $0 as of September 30, 2014 and December 31, 2013, respectively.

Concentration_of_Risk

Concentration of Risk	9 Months Ended
	Sep. 30, 2014
Risks and Uncertainties [Abstract]	'
Concentration Risk Disclosure [Text Block]	'
	6. Concentration of Risk
	Financial instruments that potentially subject us to a concentration of credit risk are primarily notes receivable and the note receivable from related party. Refer to Notes 7 and 8 with regard to credit risk evaluation of notes receivable and the note receivable from related party, respectively. Our cash is generally invested in investment-grade short-term instruments. As of September 30, 2014, we had cash and cash equivalent accounts in excess of FDIC-insured limits. However, we do not believe the risk associated with this excess is significant.
	As of September 30, 2014, excluding the Sherburne Commons VIE, we owned one property in California, four properties in Oregon, one property in Texas, one property in Illinois, four properties in North Carolina and two properties in Colorado. Accordingly, there is a geographic concentration of risk subject to economic and regulatory conditions in Oregon and North Carolina.

Notes_Receivable

Notes Receivable	9 Months Ended
	Sep. 30, 2014
Receivables [Abstract]	'
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	'
	7. Notes Receivable
	The Servant Healthcare Investments, LLC note was paid in full on May 2, 2014. For the three months ended September 30, 2014 and 2013, interest income related to the note receivable was $0 and $13,000, respectively. For the nine months ended September 30, 2014 and 2013, interest income related to the note receivable was $4,000 and $38,000, respectively.

Note_Receivable_from_Related_P

Note Receivable from Related Party (eliminated in consolidation)	9 Months Ended
	Sep. 30, 2014
Note Receivable From Related Party [Abstract]	'
Note Receivable from Related Party [Text Block]	'
	8. Note Receivable from Related Party (eliminated in consolidation)
	We hold a note receivable from the participating first mortgage loan made to Nantucket Acquisition LLC (“Nantucket”), a Delaware limited liability company owned and managed by Cornerstone Ventures Inc., an affiliate of CRA. We have not recorded interest income on this loan since October 2010 because of the doubtfulness of collection.
	For our financial reporting purposes, Nantucket is considered a VIE as we are the primary beneficiary due to our enhanced ability to direct the activities of the VIE. Therefore, we have consolidated the operations since June 30, 2011 and, accordingly, eliminated the note receivable from related party in consolidation (see Note 10). As of October 19, 2011, the Sherburne Commons property met the requirements for reclassification to real estate held for sale. Consequently, the related assets and liabilities of the property are classified as assets of variable interest entity held for sale and liabilities of variable interest entity held for sale, respectively, on our condensed consolidated balance sheets. Operating results for the property have been reclassified to discontinued operations on our condensed consolidated statements of operations for all periods presented.
	For the nine months ended September 30, 2014 and 2013, the note receivable balance increased by $82,000 and $292,000, respectively, to provide funds to meet Sherburne Commons’ operating shortfalls. The following table reconciles the note receivable from Nantucket from January 1, 2014 to September 30, 2014 and from January 1, 2013 to September 30, 2013:
		2014		2013
	Balance at January 1,	$	—	$	—
	Additions:
	Additions to note receivable from related party		82,000		292,000
	Deductions:
	Repayments of note receivable from related party		—		—
	Elimination of balance in consolidation of VIE		-82,000		-292,000
	Balance at September 30,	$	—	$	—

Receivable_from_Related_Party

Receivable from Related Party	9 Months Ended
	Sep. 30, 2014
Receivable From Related Party [Abstract]	'
Receivable From Related Party [Text Block]	'
	9. Receivable from Related Party
	The receivable from related party primarily consists of the “excess organization and offering costs” (as described below) paid to CRA related to our follow-on securities offering which terminated on June 10, 2012, operating costs reimbursed to CRA that exceed limits set forth in our charter, excess reimbursements for direct expenses paid to CRA, and excess asset management fees paid to CRA.
	According to the Advisory Agreement in effect at the time, CRA is obligated to reimburse us the “organization and offering costs” that exceed 3.5% of our offering gross proceeds within sixty days after the end of the month in which the offering terminates. Consequently, we recorded a receivable from CRA for $1.0 million related to the organization and offering expenses related to our primary and secondary stock offerings, but reserved the full amount based on our collectability analysis. As of September 30, 2014, the gross balance of this receivable was $0.7 million before being fully reserved. CRA repaid varying amounts against this receivable quarterly during 2013, but no repayment has occurred in 2014 (see Note 12).
	Our total operating expenses are limited to certain amounts as defined in our charter. For the nine months ended September 30, 2014, our total operating expenses exceeded such limit by $1.7 million. We recorded this excess as receivable from related party and reserved for the entire amount due to the uncertainty of collectability (see Note 12).
	We over-reimbursed CRA $189,000 for various operating expenses in the first quarter of 2014. We recorded this amount as receivable from related party and reserved for the entire amount due to uncertainty of collection.
	Additionally, we over paid CRA $32,000 for asset management fees in 2013 and 2014. We recorded this amount as receivable from related party and reserved for the entire amount due to uncertainty of collectability.

Consolidation_of_Nantucket_Var

Consolidation of Nantucket Variable Interest Entity	9 Months Ended
	Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Consolidation of Variable Interest Entity [Text Block]	'
	10. Consolidation of Nantucket Variable Interest Entity
	As of September 30, 2014 and December 31, 2013, we had a variable interest in a VIE in the form of a note receivable from Nantucket in the amount of $9.5 million and $9.4 million, respectively (see Note 8).
	As a result of our issuing a notice of default and the borrower’s failure to cure the default under the note, we determined that we are the primary beneficiary of the VIE. Therefore, we consolidated the operations of the VIE beginning June 30, 2011. Assets of the VIE may only be used to settle obligations of the VIE and creditors of the VIE have no recourse to the general credit of the Company.
	As of October 19, 2011, the Sherburne Commons property was reclassified to real estate held for sale. Consequently, the related assets and liabilities of the property are classified as assets of variable interest entity held for sale and liabilities of variable interest entity held for sale on our consolidated balance sheet. Operating results for the property have been reclassified to discontinued operations on our consolidated statements of operations for all periods presented.
	As of September 30, 2014 and December 31, 2013, adjusted cost, net of accumulated depreciation and amortization related to real estate and related intangible lease assets and liabilities of the VIE held for sale were as follows:
								Acquired
		Buildings and		Acquired Above		In-Place Lease		Below-Market
		Improvements		Market Leases		Value		Leases
	Net investments in real estate and related
	intangible lease assets (liabilities) of VIE
	held for sale	$	688,000	$	3,172,000	$	45,000	$	-145,000
	On October 6, 2014, we successfully foreclosed on the Sherburne Commons property.

Equity

Equity	9 Months Ended
	Sep. 30, 2014
Equity [Abstract]	'
Stockholders' Equity Note Disclosure [Text Block]	'
	11. Equity
	Common Stock
	As of September 30, 2014 and December 31, 2013, we had cumulatively issued 20.9 million shares of common stock for a total of $167.1 million of gross proceeds, exclusive of shares issued under our distribution reinvestment plan. We are not currently offering our shares of common stock for sale.
	Distributions
	Our distribution reinvestment plan was suspended indefinitely effective December 31, 2010. At this time, we cannot provide any assurance as to if or when we will resume distributions or our distribution reinvestment plan. We did not pay any distributions to stockholders for the nine months ended September 30, 2014 and 2013.
	Stock Repurchase Program
	Our board of directors suspended repurchases under the program effective December 31, 2010. At this time, we can make no assurance as to when and on what terms repurchases will resume.

Related_Party_Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2014
Related Party Transactions [Abstract]	'
Related Party Transactions Disclosure [Text Block]	'
	12. Related Party Transactions
	Related party transactions relate to fees paid and costs reimbursed to CRA for services rendered to us through March 31, 2014.
	Prior to the Company terminating the Advisory Agreement effective April 1, 2014, the Company had no employees. CRA was primarily responsible for managing our business affairs and carrying out the directives of our board of directors. The Advisory Agreement entitled CRA to specified fees upon the provision of certain services with regard to the investment of funds in real estate projects, among other services, as well as reimbursement of certain costs and expenses incurred by CRA in providing services to us.  Specific fees described in the Advisory Agreement which would have been owed to CRA are described below. We do not believe that we owe CRA any amounts due under the Advisory Agreement.
	Advisory Agreement
	Under the terms of the Advisory Agreement, which was terminated effective April 1, 2014, CRA was required to use commercially reasonable efforts to present to us investment opportunities to provide a continuing and suitable investment program consistent with the investment policies and objectives adopted by our board of directors. The Advisory Agreement called for CRA to provide for our day-to-day management and to retain property managers and leasing agents, subject to the authority of our board of directors, and to perform other duties.
	The fees and expense reimbursements payable to CRA under the Advisory Agreement are described in our Annual Report filed on Form 10-K for the year ended December 31, 2013.
	Organizational and Offering Costs - The Advisory Agreement provided for reimbursement by CRA for organizational and offering costs in excess of  3.5% of the gross proceeds from our primary offering and follow-on offering. Under the Advisory Agreement, within 60 days after the end of the month in which our follow-on offering terminates, CRA was obligated to reimburse us to the extent that the organization and offering expenses related to our follow-on offering borne by us exceeded  3.5% of the gross proceeds of the Follow-on Offering. As of June 10, 2012, the date that our follow-on offering terminated, we had reimbursed CRA a total of $1.1 million in organizational and offering costs related to our follow-on offering, of which $1.0 million was in excess of the contractual limit. Consequently, in the second quarter of 2012, we recorded a receivable from CRA for $1.0 million reflecting the excess reimbursement. However, based on our evaluation of various factors related to collectability of this receivable, we reserved the full amount of the receivable. As of September 30, 2014 and December 31, 2013, the gross balance of this receivable was $0.7 million and $0.7 million, respectively. CRA has repaid varying amounts against this receivable quarterly during 2013, but no repayment has occurred in 2014. The balance of this receivable has been fully reserved for as of September 30, 2014 and December 31, 2013.
	Acquisition Fees and Expenses - For the three months ended September 30, 2014 and 2013, CRA earned $0 and $0.1 million of acquisition fees. For the nine months ended September 30, 2014 and 2013, CRA earned $0 and $0.3 million of acquisition fees, respectively. These fees are included in real estate acquisition costs on our Condensed Consolidated Statements of Operations.
	Management Fees and Expenses - For the three months ended September 30, 2014 and 2013, CRA earned $0 and $0.2 million, respectively, of asset management fees. For the nine months ended September 30, 2014 and 2013, CRA earned $0.2 million and $0.7 million, respectively. These costs are included in asset management fees and expenses in our condensed consolidated statements of operations.
	In addition, the Advisory Agreement provided for our reimbursement of CRA for the direct and indirect costs and expenses incurred by CRA in providing asset management services to us, including related personnel and employment costs. For the three months ended September 30, 2014 and 2013, CRA was reimbursed $0 and $52,000, respectively, of such direct and indirect costs and expenses. For the nine months ended September 30, 2014 and 2013, CRA was reimbursed $36,000 and $204,000, respectively. These costs are included in asset management fees in our consolidated statements of operations.
	In 2013 and 2014, we overpaid CRA $32,000 for asset management fees. We have recorded this amount as receivable from related party on our September 30, 2014 Condensed Consolidated Balance Sheet and reserved for the entire amount due to the uncertainty of collectability.
	Operating Expenses - For the three months ended September 30, 2014 and 2013, $0 and $0.3 million of operating expenses incurred on our behalf were reimbursed to CRA, respectively. For the nine months ended September 30, 2014 and 2013, we reimbursed $0.2 million and $0.9 million of operating costs incurred by CRA on our behalf, respectively. These costs are included in general and administrative expenses on our condensed consolidated statements of operations. The Company paid $189,000 in excess operating expense reimbursements to CRA in prior periods. Accordingly, we have recorded this receivable due from CRA and reserved for the entire amount due to the uncertainty of collectability.
	Pursuant to provisions contained in our terminated Advisory Agreement, our board of directors had the responsibility of limiting our total operating expenses for each trailing four consecutive quarters to amounts that do not exceed the greater of 2% of our average invested assets or 25% of our net income, calculated in the manner set forth in our charter, unless a majority of the directors (including a majority of the independent directors) made a finding that a higher level of expenses was justified (the “2%/25% Test”). In the event that a majority of the directors had not determined that such excess expenses were justified, CRA was required to reimburse to us the amount of the excess expenses paid or incurred (the “Excess Amount”).
	For each four-fiscal-quarter period prior to March 31, 2014, our board of directors determined that the Excess Amount was justified and had consequently waived such Excess Amount. For the four-fiscal-quarter period ended March 31, 2014, our total operating expenses exceeded the greater of 2% of our average invested assets and 25% of our net income. We incurred operating expenses of approximately $3.7 million and incurred an Excess Amount of approximately $1.7 million during this period. Our board of directors did not waive this Excess Amount and therefore such Excess Amount is due to the Company from CRA. Accordingly, we have recorded this receivable and reserved for the entire amount due to the uncertainty of collectability.
	Property Management and Leasing Fees and Expenses - For the three months ended September 30, 2014 and 2013, CRA earned approximately $0 and $43,000, respectively, of property management fees. For the nine months ended September 30, 2014 and 2013, CRA earned approximately $42,000 and $117,000, respectively, of property management fees. For the three months ended September 30, 2014 and 2013, CRA earned leasing fees of $0 and $0.3 million, respectively. For the nine months ended September 30, 2014 and 2013, CRA earned $0 and $0.5 million of leasing fees, respectively. These costs are included in property operating and maintenance expenses in our consolidated statements of operations.
	Disposition Fee - For the three months ended September 30, 2014 and 2013, CRA earned disposition fees of $0 and $0.2 million, respectively. For the nine months ended September 30, 2014 and 2013, CRA earned disposition fees of $0 and $0.6 million, respectively. These fees are included in loss on sales of real estate on our condensed consolidated statements of operations.
	Subordinated Participation Provisions - CRA was entitled to receive a subordinated participation upon the sale of our properties, listing of our common stock or termination of CRA, contingent upon meeting/exceeding certain performance thresholds. There will not be any of these fees earned in the future based upon the Advisory Agreement termination.

Loan_Payable

Loan Payable	9 Months Ended
	Sep. 30, 2014
Debt Disclosure [Abstract]	'
Debt Disclosure [Text Block]	'
	13. Loan Payable
	We have total debt obligations of $61.1 million that will mature between 2016 and 2049. In connection with our loan payable, we incurred and capitalized financing costs totaling $2.1 million and $1.2 million, as of September 30, 2014 and December 31, 2013, respectively. These financing costs have been capitalized and are being amortized over the life of their respective financing agreements. For the three months ended September 30, 2014 and 2013, $169,000 and $44,000, respectively, of deferred financing costs were amortized and included in interest expense in our consolidated statements of operations. For the nine months ended September 30, 2014 and 2013, $263,000 and $119,000, respectively, of deferred financing costs were amortized.
	Wells Fargo Bank, National Association
	This loan was paid off in its entirety in the third quarter of 2013. During the three and nine months ended September 30, 2013, we incurred $35,000 and $0.1 million, respectively, of interest expense.
	Transamerica Life Insurance Company
	This loan was paid off in its entirety in the third quarter of 2013. During the three and nine months ended September 30, 2013, we incurred $68,000 and $0.3 million, respectively, of interest expense related to this loan.
	General Electric Capital Corporation – Western Property
	This loan was paid off in its entirety in the first quarter of 2013. During the three and nine months ended September 30, 2013, we incurred $0 and $26,000, respectively, of interest expense related to this loan.
	General Electric Capital Corporation – Healthcare Properties (“GE Healthcare Loan” or “GE Loan”)
	In September 2014, we refinanced the Farmington Square, Fern Hill, Sheridan, and Pacific facilities with Housing and Urban Development (“HUD”) insured loans from the Lancaster Pollard Mortgage Company, LLC. We used $21.7 million of the proceeds from these new HUD insured loans to pay down the principal of the GE Loan. Subsequent to these new HUD insured loans, the GE Loan collateral consisted of Friendship Haven and the Brookstone of Aledo facility, which was cross collateralized with the GE Loan when the principal balance was paid down. The GE Loan, which bears interest for the first 12 months at 90-day LIBOR plus 4.5%, with a LIBOR floor of 0.5%, matures on September 11, 2017, at which time all outstanding principal, accrued and unpaid interest and any other amounts due under the GE Loan will become due. The GE Loan is interest only for the first 12 months of the loan, and amortized over 25 years with a 6.00% fixed interest rate thereafter. As of September 30, 2014 and December 31, 2013, we had net borrowings of $6.4 million and $28.3 million under the GE Loan agreement, respectively. During the three months ended September 30, 2014 and 2013, we incurred $0.4 million and $0.4 million, respectively, of interest expense related to this GE Loan agreement. During the nine months ended September 30, 2014 and 2013, we incurred $1.1 million and $1.1 million, respectively, of interest expense related to this GE Loan agreement.
	The principal payments due on the loan for the period from October 1, 2014 to December 31, 2014, and for each of the three following years ending December 31 are as follows:
		Principal
	Year	Amount
	October 1, 2014 to December 31, 2014	$	32,000
	2015		129,000
	2016		129,000
	2017		6,083,000
	Subtotal	$	6,373,000
	General Electric Capital Corporation – Aledo Property (“Aledo Loan”)
	The Aledo Loan is secured by the Brookstone of Aledo (“Aledo”) facility and Friendship Haven, which was cross collateralized with the Aledo Loan in September 2014 in conjunction with the refinancing of the Farmington Square, Fern Hill, Sheridan, and Pacific facilities with HUD insured loans. The Aledo Loan, which bears interest for the first 12 months at 90-day LIBOR plus 4.5%, with a LIBOR floor of 0.5%, matures on July 1, 2018, at which time all outstanding principal, accrued and unpaid interest and any other amounts due under the Aledo Loan will become due. The Aledo Loan is interest only for the first 12 months of the loan, and amortized over 25 years with a 6.00% fixed interest rate thereafter. As of September 30, 2014 and December 31, 2013, we had net borrowings of $5.8 million and $5.9 million, respectively, under the loan agreement. During the three months ended September 30, 2014 and 2013, we incurred $75,000 and $74,000 of interest expense related to the Aledo Loan, respectively. During the nine months ended September 30, 2014 and 2013, we incurred $222,000 and $74,000 of interest expense related to the Aledo Loan, respectively.
	The principal payments due on the loan for the period from October 1, 2014 to December 31, 2014, and for each of the four following years ending December 31 are as follows:
		Principal
	Year	Amount
	October 1, 2014 to December 31, 2014	$	40,000
	2015		102,000
	2016		107,000
	2017		115,000
	2018		5,478,000
	Subtotal	$	5,842,000
	The PrivateBank and Trust Company – Winston-Salem Property (“PB Loan”)
	The PB Loan is secured by the Danby House facility and bears interest at one-month LIBOR plus 4.00% with a LIBOR floor of 1.00%. The PB Loan matures on January 30, 2016, at which time all outstanding principal, accrued and unpaid interest and any other amounts due under the PB Loan will become due. The PB Loan is amortized over 25 years with principal amounts being paid into a sinking fund. As of September 30, 2014 and December 31, 2013, we had net borrowings of $7.3 million under the loan. During the three months ended September 30, 2014 and 2013, we incurred $93,000 and $93,000, respectively, of interest expense related to the PB Loan. During the nine months ended September 30, 2014 and 2013, we incurred $275,000 and $245,000, respectively, of interest expense related to the PB Loan. As of September 30, 2014, we are in technical default of the loan agreement as the facility’s operations have not maintained the required minimum lease coverage ratio and are working with the tenant/operator of the Danby House facility to cure the default.
	The principal payments due on the loan for the period from October 1, 2014 to December 31, 2014, and for each of the two following years ending December 31 are as follows:
		Principal
	Year	Amount
	October 1, 2014 to December 31, 2014	$	43,000
	2015		179,000
	2016		7,053,000
	Subtotal	$	7,275,000
	The PrivateBank and Trust Company – North Carolina Portfolio (“North Carolina Loan”)
	The North Carolina Loan is secured by the Carteret House, Hamlet House, and Shelby House properties.  The North Carolina Loan bears interest at one-month LIBOR plus 4.25% with a LIBOR floor of 1.00%. The North Carolina Loan matures on October 3, 2016, at which time all outstanding principal, accrued and unpaid interest and any other amounts due under the North Carolina Loan will become due. The North Carolina Loan is amortized over 25 years with principal amounts being paid into a sinking fund. As of September 30, 2014 and December 31, 2013, we had net borrowings of $11.4 million under the loan agreement. During the three months ended September 30, 2014 and 2013, we incurred $156,000 and $0, respectively, of interest expense related to the North Carolina Loan. During the nine months ended September 30, 2014 and 2013, we incurred $462,000 and $0, respectively, of interest expense related to the North Carolina Loan.
	The principal payments due on the loan for the period from October 1, 2014 to December 31, 2014, and for each of the two following years ending December 31 are as follows:
		Principal
	Year	Amount
	October 1, 2014 to December 31, 2014	$	60,000
	2015		245,000
	2016		11,095,000
	Subtotal	$	11,400,000
	We intend to refinance the PB Loan and North Carolina Loan with HUD insured debt. In the fourth quarter of 2013, we filed loan applications with HUD and have paid $0.5 million in fees and expenses associated with the refinancing. Such amounts have been capitalized and are included in deferred financing costs on the accompanying consolidated balance sheets. While there can be no assurances made that we will receive approval or when such approval would be received to consummate the proposed HUD refinancing, but we expect to receive approval for these HUD loans to close by the end of 2014.
	Lancaster Pollard Mortgage Company, LLC (“Sheridan Loan”)
	In September 2014, we refinanced the Sheridan Care Center with a loan from Lancaster Pollard Mortgage Company, LLC. The Sheridan Loan is insured by HUD and secured by the Sheridan Care Center facility. From the proceeds of the Sheridan Loan, $4.6 million was used to pay down the principal balance of the GE Loan. As of September 30, 2014, we had net borrowings of $5.2 million under the loan. The loan bears interest at a fixed rate of 4.43%, including mortgage insurance premium, for the life of the loan. The loan matures on September 30, 2039 and amortizes over 25 years. During the three and nine months ended September 30, 2014, we incurred $25,000 of interest expense related to this loan.
	The principal payments due on the loan for the period from October 1, 2014 to December 31, 2014, and for each of the following years ending December 31 and thereafter are as follows:
		Principal
	Year	Amount
	October 1, 2014 to December 31, 2014	$	31,000
	2015		129,000
	2016		133,000
	2017		139,000
	2018 and thereafter		4,766,000
	Subtotal	$	5,198,000
	Lancaster Pollard Mortgage Company, LLC (“Fern Hill Loan”)
	In September 2014, we refinanced the Fern Hill Care Center with a loan from Lancaster Pollard Mortgage Company, LLC. The Fern Hill Loan is insured by HUD and secured by the Fern Hill Care Center facility. From the proceeds of the Fern Hill Loan, $4.1 million was used to pay down the principal balance of the GE Loan. As of September 30, 2014, we had net borrowings of $4.6 million under the loan. The loan bears interest at a fixed rate of 4.43%, including mortgage insurance premium, for the life of the loan. The loan matures on September 30, 2039 and amortizes over 25 years. During the three and nine months ended September 30, 2014, we incurred $22,000 of interest expense related to this loan.
	The principal payments due on the loan for the period from October 1, 2014 to December 31, 2014, and for each of the following years ending December 31 and thereafter are as follows:
		Principal
Year	Amount
October 1, 2014 to December 31, 2014	$	28,000
2015		113,000
2016		117,000
2017		121,000
2018 and thereafter		4,181,000
Subtotal	$	4,560,000
Lancaster Pollard Mortgage Company, LLC (“Pacific Loan”)
In September 2014, we refinanced the Pacific Health and Rehabilitation Center with a loan from Lancaster Pollard Mortgage Company, LLC. The Pacific Loan is insured by HUD and secured by the Pacific Health and Rehabilitation Center facility. From the proceeds of the Pacific Loan, $6.8 million was used to pay down the principal balance of the GE Loan. As of September 30, 2014, we had net borrowings of $7.6 million under the loan. The loan bears interest at a fixed rate of 4.43%, including mortgage insurance premium, for the life of the loan. The loan matures on September 30, 2039 and amortizes over 25 years. During the three and nine months ended September 30, 2014, we incurred $37,000 of interest expense related to this loan.
The principal payments due on the loan for the period from October 1, 2014 to December 31, 2014, and for each of the following years ending December 31 and thereafter are as follows:
	Principal
Year	Amount
October 1, 2014 to December 31, 2014	$	46,000
2015		188,000
2016		195,000
2017		203,000
2018 and thereafter		6,970,000
Subtotal	$	7,602,000
Lancaster Pollard Mortgage Company, LLC (“Farmington Square Loan”)
In September 2014, we refinanced Farmington Square with a loan from Lancaster Pollard Mortgage Company, LLC. The Farmington Square Loan is insured by HUD and secured by the Farmington Square facility in Medford, Oregon. From the proceeds of the Farmington Square Loan, $6.1 million was used to pay down the principal balance of the GE Loan. As of September 30, 2014, we had net borrowings of $6.9 million under the loan. The loan bears interest at a fixed rate of 4.43%, including mortgage insurance premium, for the life of the loan. The loan matures on September 30, 2049 and amortizes over 35 years. During the three and nine months ended September 30, 2014, we incurred $36,000 of interest expense related to this loan.
The principal payments due on the loan for the period from October 1, 2014 to December 31, 2014, and for each of the following years ending December 31 and thereafter are as follows:
	Principal
Year	Amount
October 1, 2014 to December 31, 2014	$	24,000
2015		97,000
2016		101,000
2017		105,000
2018 and thereafter		6,553,000
Subtotal	$	6,880,000
The PrivateBank and Trust Company – Juniper Village (“Juniper Loan”)
In conjunction with the acquisition of the Juniper Village at Lamar and Juniper Village at Monte Vista properties on September 22, 2014, we entered into a loan agreement with The PrivateBank and Trust Company for a loan in the aggregate principal amount of $6.0 million secured by a first lien security interest in the Lamar and Monte Vista properties. The Juniper Loan bears interest at one-month LIBOR plus 4.50% with a LIBOR floor of .25%. The Juniper Loan matures on September 21, 2017, at which time all outstanding principal, accrued and unpaid interest and any other amounts due under the Juniper Loan will become due. The Juniper Loan is amortized over 25 years with principal amounts being paid into a sinking fund. As of September 30, 2014 and December 31, 2013, we had net borrowings of $6.0 million under the loan agreement. During the three and nine months ended September 30, 2014 and 2013, we incurred $7,000 and $0, respectively, of interest expense related to the Juniper Loan.
The principal payments due on the loan for the period from October 1, 2014 to December 31, 2014, and for each of the two following years ending December 31 are as follows:
	Principal
Year	Amount
October 1, 2014 to December 31, 2014	$	33,000
2015		132,000
2016		143,000
2017		5,692,000
Subtotal	$	6,000,000
HUD requires that our lender hold certain reserves for property tax, insurance, and capital expenditures. These reserves are included in restricted cash on the Company’s Condensed Consolidated Balance Sheet.

Commitments_and_Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies Disclosure [Text Block]	'
	14. Commitments and Contingencies
	We monitor our properties for the presence of hazardous or toxic substances. While there can be no assurance that a material environmental liability does not exist, we are not currently aware of any environmental liability with respect to the properties that would have a material effect on our consolidated financial condition, results of operations and cash flows. Further, we are not aware of any environmental liability or any unasserted claim or assessment with respect to an environmental liability that we believe would require additional disclosure or the recording of a loss contingency.
	Our commitments and contingencies include the usual obligations of real estate owners and operators in the normal course of business. In the opinion of management, these matters are not expected to have a material impact on our consolidated financial condition, results of operations and cash flows. We are subject to contingent losses related to the notes receivable and note receivable from related party. For further details see Notes 7, 8 and 9. We are also subject to contingent losses resulting from litigation against the Company.
	On April 1, 2014 CRA and Cornerstone Ventures, Inc. filed a complaint in the Superior Court of California for the County of Orange-Central Justice Center, Case No. 30-2014-00714004-CU-BT-CJC, naming the Company, its directors and two of its officers as defendants, seeking declaratory and injunctive relief and compensatory and punitive damages. On April 17, 2014, Judge Nakamura denied in its entirety plaintiffs’ ex parte application for a temporary restraining order to show cause why a preliminary injunction against the defendants should not issue.  On May 19, 2014, the Company filed a counter claim against plaintiffs and certain individuals affiliated with CRA and affiliated entities. The Company continues to believe that all of plaintiffs’ claims are without merit and will continue to vigorously defend itself. Plaintiffs and defendants are conducting discovery.
	On April 4, 2014, we entered into a lease agreement effective May 1, 2014 for corporate office space located in Lake Forest, California. The term of the lease is for three years. Base rent is $71,270 for the first year of the lease, $76,186 for the second year of the lease, and $81,100 for the third year of the lease.
	In connection with our becoming the licensed operator of Friendship Haven through a wholly-owned taxable REIT subsidiary, we have entered into a management agreement with an affiliate of Stonegate. The management agreement calls for us to pay to Stonegate a termination fee if we terminate the agreement within the first twelve months of the term. The termination fee is equal to three times the highest monthly management fee paid to Stonegate prior to the termination. As of September 30, 2014, the termination fee would be approximately $110,000.

Discontinued_Operations

Discontinued Operations	9 Months Ended
	Sep. 30, 2014
Discontinued Operations and Disposal Groups [Abstract]	'
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	'
	15. Discontinued Operations
	Divestitures
	In accordance with ASC 360, Property, Plant & Equipment, we report results of operations from real estate assets that meet the definition of a component of an entity that have been sold, or meet the criteria to be classified as held for sale, as discontinued operations.
	Real Estate Held for Sale and Disposed
	At September 30, 2014 and December 31, 2013, the Sherburne Commons property has been classified as real estate held for sale and the results of operations for the variable interest entity held for sale have been presented in discontinued operations on the accompanying consolidated statements of operations for all periods presented (see Note 10).
	No real estate investments were disposed of in 2014.
	Purchase Options
	As of September 30, 2014, the Company owns one property with a book value of approximately $7.9 million that is subject to a third purchase option that became exercisable on September 14, 2014. The option provides the option holder with the right to purchase the property at increasing exercise price intervals based on elapsed time. The option expires August 13, 2022.
	The following is a summary of the components of (loss) income from discontinued operations for the three months and nine months ended September 30, 2014 and 2013:
		Three Months Ended				Nine Months Ended
		September 30,				September 30,
		2014		2013		2014		2013
	Rental revenues, tenant reimbursements and other income	$	700,000	$	1,149,000	$	1,853,000	$	3,788,000
	Operating expenses and real estate taxes		-664,000		-2,054,000		-2,053,000		-4,291,000
	Depreciation and amortization		—		-104,000		—		-506,000
	Impairment of real estate		—		—		—		-3,368,000
	Gain on sales of real estate net		—		1,323,000		—		5,411,000
	Income (loss) from discontinued operations	$	36,000	$	314,000	$	-200,000	$	1,034,000
	The following table presents balance sheet information for the properties classified as held for sale as of September 30, 2014 and December 31, 2013. FASB ASC 360 requires that assets classified as held for sale be carried at the lesser of their carrying amount or estimated fair value, less estimated selling costs.
		September 30,		December 31,
		2014		2013
	Assets of variable interest entity held for sale:
	Cash and cash equivalents	$	17,000	$	124,000
	Investments in real estate, net		3,905,000		3,905,000
	Accounts receivable, inventory and other assets		191,000		270,000
	Total assets	$	4,113,000	$	4,299,000
	Liabilities of variable interest entity held for sale:
	Note payable	$	1,332,000	$	1,332,000
	Loan payable		127,000		219,000
	Accounts payable and accrued liabilities		499,000		600,000
	Intangible lease liabilities, net		145,000		145,000
	Interest payable		598,000		473,000
	Liabilities of variable interest entity held for sale	$	2,701,000	$	2,769,000

Segment_Reporting

Segment Reporting	9 Months Ended
	Sep. 30, 2014
Segment Reporting [Abstract]	'
Segment Reporting Disclosure [Text Block]	'
	16. Segment Reporting
	We operate in one reportable segment: healthcare. This segment consists of senior-housing facilities leased to healthcare operating companies under long-term “triple-net” leases, which require the tenants to pay all property-related expenses. We lease our healthcare properties to four different operators, two of which comprise over ten percent of our healthcare segment revenue. Friendship Haven is currently operated by our wholly-owned subsidiary (see Note 4). The Sherburne Commons property continues to be reported as held for sale (see Note 15) and the results of its operations have been reported in discontinued operations.
	As part of our transition strategy, we sold the remaining industrial properties in 2013.

Subsequent_Events

Subsequent Events	9 Months Ended
	Sep. 30, 2014
Subsequent Events [Abstract]	'
Subsequent Events [Text Block]	'
	17. Subsequent Events
	On October 31, 2014, we acquired a 55 bed skilled nursing facility in Myrtle Point, Oregon (“Myrtle Point”) for $4.15 million. Myrtle Point is leased to an affiliate of Dakavia, the current operator of Myrtle Point, under a long-term triple net lease. The lease also includes an earn-out provision within the first 24 months of the lease term which would entitle the seller to an earn-out payment of up to $450,000. We acquired our interest in Myrtle Point subject to a loan secured by the property and cross-collateralized with two of our other properties, Juniper Village at Lamar and Juniper Village at Monte Vista. On October 31, 2014, we amended an existing loan agreement with The PrivateBank and Trust Company to increase the principal amount of the loan by $3.08 million collateralized by a security interest in three properties. This loan, which bears interest at the One Month LIBOR (London Interbank Rate), with a floor of 25 basis points, plus a spread of 4.50%, has a 25 year amortization schedule and matures on October 30, 2017. This loan may be prepaid with no penalty if Myrtle Point is refinanced through a HUD insured loan.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2014
Accounting Policies [Abstract]	'
Basis of Accounting, Policy [Policy Text Block]	'
	Principles of Consolidation and Basis of Presentation
	The accompanying condensed consolidated financial statements include the accounts of the Company, its wholly-owned subsidiaries, CHP LLC (of which the Company owns  95%) and Nantucket Acquisition LLC, a variable interest entity (see Note 10). All intercompany accounts and transactions have been eliminated in consolidation.
	The accompanying financial information reflects all adjustments, which are, in the opinion of management, of a normal recurring nature and necessary for a fair presentation of our financial position, results of operations and cash flows for the interim periods. Interim results of operations are not necessarily indicative of the results to be expected for the full year. Operating results for the nine months ended September 30, 2014 are not necessarily indicative of the results that may be expected for the year ending December 31, 2014.
New Accounting Pronouncements, Policy [Policy Text Block]	'
	Recently Issued Accounting Pronouncements
	In August 2014, the FASB issued Accounting Standards Update No. 2014-15, Presentation of Financial Statements – Going Concern (ASU 2014-15). This ASU requires an entity’s management to evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the entity’s ability to continue as a going concern within one year after the date that the financial statements are issued. The ASU requires disclosures that will enable financial statement users to understand the conditions and events that raise substantial doubt about the entity’s ability to continue as a going concern and management’s plans to alleviate such conditions and events. If substantial doubt cannot be alleviated, an entity must include a statement in the footnotes to the financial statements indicating that there is substantial doubt about the entity’s ability to continue as a going concern.
	The standard is effective for the annual period ending after December 15, 2016, and for annual and interim periods thereafter. Early application is permitted. The Company is still evaluating the impact of this new standard but does not expect it to have a material effect on the Consolidated Financial Statements, when adopted.
	In May 2014, the FASB issued Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (ASU 2014-09), which supersedes nearly all existing revenue recognition guidance under U.S. GAAP. The core principle of ASU 2014-09 is to recognize revenues when promised goods or services are transferred to customers in an amount that reflects the consideration to which an entity expects to be entitled for those goods or services. ASU 2014-09 defines a five step process to achieve this core principle and, in doing so, more judgment and estimates may be required within the revenue recognition process than are required under existing U.S. GAAP.
	The standard is effective for annual periods beginning after December 15, 2016, and interim periods therein, using either of the following transition methods: (i) a full retrospective approach reflecting the application of the standard in each prior reporting period with the option to elect certain practical expedients, or (ii) a retrospective approach with the cumulative effect of initially adopting ASU 2014-09 recognized at the date of adoption (which includes additional footnote disclosures). We are currently evaluating the impact of our pending adoption of ASU 2014-09 on our consolidated financial statements and have not yet determined the method by which we will adopt the standard in 2017.
	In April 2014, the FASB issued Accounting Standards Update No. 2014-08, “Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity.” This ASU changes the requirements for reporting discontinued operations by raising the threshold for a disposal to qualify as a discontinued operation and requires new disclosures of both discontinued operations and certain other disposals that do not meet the definition of a discontinued operation. The standard limits discontinued operations reporting to disposals of components of an entity that represent strategic shifts that have (or will have) a major effect on an entity’s operations and financial results.
	This standard is effective for the Company on a prospective basis for annual periods beginning on January 1, 2015 and interim periods within that year. Early adoption is permitted but only for disposals (or classifications as held for sale) that have not been reported in financial statements previously issued. The Company is still evaluating the impact of this new standard but does not expect it to have a material effect on the Consolidated Financial Statements, when adopted.
Reclassification, Policy [Policy Text Block]	'
	Reclassifications
	Certain amounts in the Company’s Condensed Consolidated Financial Statements for prior periods have been reclassified to conform to the current period presentation. Assets held for sale, and related liabilities, have been reclassified in the Company’s Condensed Consolidated Balance Sheets, and the operating results of those assets, including assets sold, have been reclassified from continuing to discontinued operations for all periods presented.

Investments_in_Real_Estate_Tab

Investments in Real Estate (Tables)	9 Months Ended
	Sep. 30, 2014
Real Estate [Abstract]	'
Schedule of Real Estate Properties [Table Text Block]	'
	As of September 30, 2014, our portfolio consists of thirteen properties which were 100.0% leased to the operators of the related facilities. The following table provides summary information regarding our properties.
															September
															30
															2014
							Square			Purchase					%
	Property (1)		Location		Date Purchased		Footage			Price			Debt		Leased
	Sheridan Care
	Center		Sheridan, OR		3-Aug-12			13,912		$	4,100,000		$	5,198,000	100	%
	Fern Hill Care
	Center		Portland, OR		3-Aug-12			13,344			4,500,000			4,560,000	100	%
	Farmington
	Square		Medford, OR		14-Sep-12			32,557			8,500,000			6,880,000	100	%
	Friendship
	Haven
	Healthcare
	and
	Rehabilitation
	Center (2)		Galveston County, TX		14-Sep-12			56,968			15,000,000			6,374,000	100	%	-5
	Pacific Health
	and
	Rehabilitation
	Center		Tigard, OR		24-Dec-12			25,082			8,140,000			7,602,000	100	%
	Danby House		Winston-Salem, NC		31-Jan-13			26,703			9,700,000			7,275,000	100	%
	Brookstone of
	Aledo(3)		Aledo, IL		2-Jul-13			49,420			8,625,000			5,842,000	100	%
	The Shelby
	House		Shelby, NC		4-Oct-13			23,074			4,500,000			3,375,000	100	%
	The Hamlet
	House		Hamlet, NC		4-Oct-13			34,638			6,500,000			4,830,000	100	%
	The Carteret
	House		Newport, NC		4-Oct-13			29,570			4,300,000			3,195,000	100	%
	Sundial Assisted Living(4)		Redding, CA		18-Dec-13			26,081			3,500,000			—	100	%
	Juniper
	Village at
	Lamar		Lamar, CO		22-Sep-14			18,804			4,500,000			3,418,000	100	%
	Juniper
	Village at
	Monte Vista		Monte Vista, CO		22-Sep-14			20,190			3,400,000			2,582,000	100	%
	Total:							370,343		$	85,265,000		$	61,131,000	100	%
		-1	The above table excludes Sherburne Commons Residences, LLC (“Sherburne Commons”), VIE for which we became the primary beneficiary and began consolidating its financial results as of June 30, 2011. As of October 19, 2011, Sherburne Commons was classified as held for sale (See Note 15).
		-2	We terminated the lease with the operator of this facility on March 16, 2014 and became the licensed operator of the facility on May 1, 2014 through a wholly- owned taxable REIT subsidiary (see Friendship Haven Taxable REIT Subsidiary).
		-3	Formerly known as Heritage Woods of Aledo.
		-4	Formerly known as Redding Assisted Living.
		-5	Friendship Haven is currently being operated by a wholly-owned subsidiary of the Company.
Real Estate and Accumulated Depreciation by Property [Table Text Block]	'
	As of September 30, 2014, adjusted cost and accumulated depreciation and amortization related to investments in real estate, including the CHP LLC acquisitions, and excluding assets of variable interest entity held for sale, were as follows:
									Furniture
						Buildings and			and
	Healthcare		Land			Improvements			Fixture			Total
	Investments in real estate		$	6,772,000		$	72,484,000		$	6,891,000		$	86,147,000
	Less: accumulated depreciation and
	amortization			—			-3,226,000			-1,888,000			-5,114,000
	Net investments in real estate		$	6,772,000		$	69,258,000		$	5,003,000		$	81,033,000
Schedule of Business Acquisitions, by Acquisition [Table Text Block]	'
	The following sets forth the allocation of the purchase price of the properties acquired in 2014 as well as the associated acquisitions costs, which have been capitalized.
			Lamar			Monte Vista			Total
	Land		$	159,000		$	111,000		$	270,000
	Buildings & improvements			4,163,000			3,029,000			7,192,000
	Site improvements			59,000			144,000			203,000
	Furniture & fixtures			194,000			184,000			378,000
	Real estate acquisition and capitalized costs		$	4,575,000		$	3,468,000		$	8,043,000
	Third-party acquisition costs, capitalized (included above)		$	75,000		$	68,000		$	143,000

Note_Receivable_from_Related_P1

Note Receivable from Related Party (eliminated in consolidation) (Tables)	9 Months Ended
	Sep. 30, 2014
Note Receivable From Related Party [Abstract]	'
Reconciliation of Notes Receivable Related Party [Table Text Block]	'
	The following table reconciles the note receivable from Nantucket from January 1, 2014 to September 30, 2014 and from January 1, 2013 to September 30, 2013:
		2014		2013
	Balance at January 1,	$	—	$	—
	Additions:
	Additions to note receivable from related party		82,000		292,000
	Deductions:
	Repayments of note receivable from related party		—		—
	Elimination of balance in consolidation of VIE		-82,000		-292,000
	Balance at September 30,	$	—	$	—

Consolidation_of_Nantucket_Var1

Consolidation of Nantucket Variable Interest Entity (Tables)	9 Months Ended
	Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Schedule of Variable Interest Entities [Table Text Block]	'
	As of September 30, 2014 and December 31, 2013, adjusted cost, net of accumulated depreciation and amortization related to real estate and related intangible lease assets and liabilities of the VIE held for sale were as follows:
								Acquired
		Buildings and		Acquired Above		In-Place Lease		Below-Market
		Improvements		Market Leases		Value		Leases
	Net investments in real estate and related
	intangible lease assets (liabilities) of VIE
	held for sale	$	688,000	$	3,172,000	$	45,000	$	-145,000

Loan_Payable_Tables

Loan Payable (Tables)	9 Months Ended
	Sep. 30, 2014
General Electric Capital Corporation Healthcare Properties [Member]	'
Debt Disclosure [Abstract]	'
Schedule of Maturities of Long-term Debt [Table Text Block]	'
	The principal payments due on the loan for the period from October 1, 2014 to December 31, 2014, and for each of the three following years ending December 31 are as follows:
		Principal
	Year	Amount
	October 1, 2014 to December 31, 2014	$	32,000
	2015		129,000
	2016		129,000
	2017		6,083,000
	Subtotal	$	6,373,000
General Electric Capital Corporation Aledo Property [Member]	'
Debt Disclosure [Abstract]	'
Schedule of Maturities of Long-term Debt [Table Text Block]	'
	The principal payments due on the loan for the period from October 1, 2014 to December 31, 2014, and for each of the four following years ending December 31 are as follows:
		Principal
	Year	Amount
	October 1, 2014 to December 31, 2014	$	40,000
	2015		102,000
	2016		107,000
	2017		115,000
	2018		5,478,000
	Subtotal	$	5,842,000
Private Bank and Trust Company Winston Salem Property [Member]	'
Debt Disclosure [Abstract]	'
Schedule of Maturities of Long-term Debt [Table Text Block]	'
	The principal payments due on the loan for the period from October 1, 2014 to December 31, 2014, and for each of the two following years ending December 31 are as follows:
		Principal
	Year	Amount
	October 1, 2014 to December 31, 2014	$	43,000
	2015		179,000
	2016		7,053,000
	Subtotal	$	7,275,000
Private Bank and Trust Company North Carolina Portfolio [Member]	'
Debt Disclosure [Abstract]	'
Schedule of Maturities of Long-term Debt [Table Text Block]	'
	The principal payments due on the loan for the period from October 1, 2014 to December 31, 2014, and for each of the two following years ending December 31 are as follows:
		Principal
	Year	Amount
	October 1, 2014 to December 31, 2014	$	60,000
	2015		245,000
	2016		11,095,000
	Subtotal	$	11,400,000
Lancaster Pollard Mortgage Company, LLC Sheridan Loan [Member]	'
Debt Disclosure [Abstract]	'
Schedule of Maturities of Long-term Debt [Table Text Block]	'
	The principal payments due on the loan for the period from October 1, 2014 to December 31, 2014, and for each of the following years ending December 31 and thereafter are as follows:
		Principal
	Year	Amount
	October 1, 2014 to December 31, 2014	$	31,000
	2015		129,000
	2016		133,000
	2017		139,000
	2018 and thereafter		4,766,000
	Subtotal	$	5,198,000
Lancaster Pollard Mortgage Company, LLC Fern Hill Loan [Member]	'
Debt Disclosure [Abstract]	'
Schedule of Maturities of Long-term Debt [Table Text Block]	'
	The principal payments due on the loan for the period from October 1, 2014 to December 31, 2014, and for each of the following years ending December 31 and thereafter are as follows:
		Principal
	Year	Amount
	October 1, 2014 to December 31, 2014	$	28,000
	2015		113,000
	2016		117,000
	2017		121,000
	2018 and thereafter		4,181,000
	Subtotal	$	4,560,000
Lancaster Pollard Mortgage Company, LLC Pacific Loan [Member]	'
Debt Disclosure [Abstract]	'
Schedule of Maturities of Long-term Debt [Table Text Block]	'
	The principal payments due on the loan for the period from October 1, 2014 to December 31, 2014, and for each of the following years ending December 31 and thereafter are as follows:
		Principal
	Year	Amount
	October 1, 2014 to December 31, 2014	$	46,000
	2015		188,000
	2016		195,000
	2017		203,000
	2018 and thereafter		6,970,000
	Subtotal	$	7,602,000
Lancaster Pollard Mortgage Company, LLC Farmington Square Loan [Member]	'
Debt Disclosure [Abstract]	'
Schedule of Maturities of Long-term Debt [Table Text Block]	'
	The principal payments due on the loan for the period from October 1, 2014 to December 31, 2014, and for each of the following years ending December 31 and thereafter are as follows:
		Principal
	Year	Amount
	October 1, 2014 to December 31, 2014	$	24,000
	2015		97,000
	2016		101,000
	2017		105,000
	2018 and thereafter		6,553,000
	Subtotal	$	6,880,000
The PrivateBank and Trust Company - Juniper Village Juniper Loan [Member]	'
Debt Disclosure [Abstract]	'
Schedule of Maturities of Long-term Debt [Table Text Block]	'
	The principal payments due on the loan for the period from October 1, 2014 to December 31, 2014, and for each of the two following years ending December 31 are as follows:
		Principal
	Year	Amount
	October 1, 2014 to December 31, 2014	$	33,000
	2015		132,000
	2016		143,000
	2017		5,692,000
	Subtotal	$	6,000,000

Discontinued_Operations_Tables

Discontinued Operations (Tables)	9 Months Ended
	Sep. 30, 2014
Discontinued Operations and Disposal Groups [Abstract]	'
Schedule of Components of Income Loss from Discontinued Operation [Table Text Block]	'
	The following is a summary of the components of (loss) income from discontinued operations for the three months and nine months ended September 30, 2014 and 2013:
		Three Months Ended				Nine Months Ended
		September 30,				September 30,
		2014		2013		2014		2013
	Rental revenues, tenant reimbursements and other income	$	700,000	$	1,149,000	$	1,853,000	$	3,788,000
	Operating expenses and real estate taxes		-664,000		-2,054,000		-2,053,000		-4,291,000
	Depreciation and amortization		—		-104,000		—		-506,000
	Impairment of real estate		—		—		—		-3,368,000
	Gain on sales of real estate net		—		1,323,000		—		5,411,000
	Income (loss) from discontinued operations	$	36,000	$	314,000	$	-200,000	$	1,034,000
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]	'
	The following table presents balance sheet information for the properties classified as held for sale as of September 30, 2014 and December 31, 2013. FASB ASC 360 requires that assets classified as held for sale be carried at the lesser of their carrying amount or estimated fair value, less estimated selling costs.
		September 30,		December 31,
		2014		2013
	Assets of variable interest entity held for sale:
	Cash and cash equivalents	$	17,000	$	124,000
	Investments in real estate, net		3,905,000		3,905,000
	Accounts receivable, inventory and other assets		191,000		270,000
	Total assets	$	4,113,000	$	4,299,000
	Liabilities of variable interest entity held for sale:
	Note payable	$	1,332,000	$	1,332,000
	Loan payable		127,000		219,000
	Accounts payable and accrued liabilities		499,000		600,000
	Intangible lease liabilities, net		145,000		145,000
	Interest payable		598,000		473,000
	Liabilities of variable interest entity held for sale	$	2,701,000	$	2,769,000

Organization_Details_Textual

Organization (Details Textual) (USD $)	9 Months Ended
	Sep. 30, 2014
Cornerstone Operating Partnership [Member]	'
Organization [Line Items]	'
Limited Liability Company (LLC) or Limited Partnership (LP), Members or Limited Partners, Ownership Interest	99.88%
Cornerstone Operating Partnership [Member] | Cornerstone Realty Advisors, LLC [Member]	'
Organization [Line Items]	'
Limited Liability Company (LLC) or Limited Partnership (LP), Members or Limited Partners, Ownership Interest by Affiliates	0.12%
Cornerstone Healthcare Partners [Member]	'
Organization [Line Items]	'
Limited Liability Company (LLC) or Limited Partnership (LP), Members or Limited Partners, Ownership Interest	95.00%
Cornerstone Healthcare Real Estate Fund [Member]	'
Organization [Line Items]	'
Limited Liability Company (LLC) or Limited Partnership (LP), Members or Limited Partners, Ownership Interest by Affiliates	5.00%
JV Properties [Member]	'
Organization [Line Items]	'
Limited Liability Company (LLC) or Limited Partnership (LP), Members or Limited Partners, Ownership Interest	89.00%
Proceeds from Divestiture of Businesses and Interests in Affiliates, Total	900,000
Divestiture Of Interests In Affiliates	800,000
JV Properties [Member] | Third Party Investors [Member]	'
Organization [Line Items]	'
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners	6.30%
JV Properties [Member] | CHREF [Member]	'
Organization [Line Items]	'
Proceeds from Divestiture of Businesses and Interests in Affiliates, Total	41,000
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners	4.70%

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Details Textual)	Sep. 30, 2014
Summary of Significant Accounting Policies [Line Items]	'
Noncontrolling Interest, Ownership Percentage by Parent	95.00%

Fair_Value_Measurements_of_Fin1

Fair Value Measurements of Financial Instruments (Details Textual) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'	'	'	'
Notes Payable, Fair Value Disclosure	$61,600,000	'	$61,600,000	'	$52,900,000
Notes Payable	61,100,000	'	61,100,000	'	52,800,000
Fair Value Inputs Discount Rate Notes Payable	4.75%	'	4.75%	'	'
Impairment of Real Estate	$0	$3,400,000	$0	$3,368,000	'

Investments_in_Real_Estate_Det

Investments in Real Estate (Details) (USD $)	9 Months Ended
	Sep. 30, 2014
	sqft
Real Estate Properties [Line Items]	'
Square Footage	370,343	[1]
Purchase Price	$85,265,000	[1]
Debt	61,131,000	[1]
Percentage of Property Leased	100.00%	[1]
Sheridan Care Center [Member]	'
Real Estate Properties [Line Items]	'
Location	'Sheridan, OR	[1]
Date Purchased	3-Aug-12	[1]
Square Footage	13,912	[1]
Purchase Price	4,100,000	[1]
Debt	5,198,000	[1]
Percentage of Property Leased	100.00%	[1]
Fern Hill Care Center [Member]	'
Real Estate Properties [Line Items]	'
Location	'Portland, OR	[1]
Date Purchased	3-Aug-12	[1]
Square Footage	13,344	[1]
Purchase Price	4,500,000	[1]
Debt	4,560,000	[1]
Percentage of Property Leased	100.00%	[1]
Farmington Square [Member]	'
Real Estate Properties [Line Items]	'
Location	'Medford, OR	[1]
Date Purchased	14-Sep-12	[1]
Square Footage	32,557	[1]
Purchase Price	8,500,000	[1]
Debt	6,880,000	[1]
Percentage of Property Leased	100.00%	[1]
Friendship Haven Healthcare and Rehabilitation Center [Member]	'
Real Estate Properties [Line Items]	'
Location	'Galveston County, TX	[1],[2]
Date Purchased	14-Sep-12	[1],[2]
Square Footage	56,968	[1],[2]
Purchase Price	15,000,000	[1],[2]
Debt	6,374,000	[1],[2]
Percentage of Property Leased	100.00%	[1],[2],[3]
Pacific Health and Rehabilitation Center [Member]	'
Real Estate Properties [Line Items]	'
Location	'Tigard, OR	[1]
Date Purchased	24-Dec-12	[1]
Square Footage	25,082	[1]
Purchase Price	8,140,000	[1]
Debt	7,602,000	[1]
Percentage of Property Leased	100.00%	[1]
Danby House [Member]	'
Real Estate Properties [Line Items]	'
Location	'Winston-Salem, NC	[1]
Date Purchased	31-Jan-13	[1]
Square Footage	26,703	[1]
Purchase Price	9,700,000	[1]
Debt	7,275,000	[1]
Percentage of Property Leased	100.00%	[1]
Brookstone of Aledo [Member]	'
Real Estate Properties [Line Items]	'
Location	'Aledo, IL	[1],[4]
Date Purchased	2-Jul-13	[1],[4]
Square Footage	49,420	[1],[4]
Purchase Price	8,625,000	[1],[4]
Debt	5,842,000	[1],[4]
Percentage of Property Leased	100.00%	[1],[4]
The Shelby House [Member]	'
Real Estate Properties [Line Items]	'
Location	'Shelby, NC	[1]
Date Purchased	4-Oct-13	[1]
Square Footage	23,074	[1]
Purchase Price	4,500,000	[1]
Debt	3,375,000	[1]
Percentage of Property Leased	100.00%	[1]
The Hamlet House [Member]	'
Real Estate Properties [Line Items]	'
Location	'Hamlet, NC	[1]
Date Purchased	4-Oct-13	[1]
Square Footage	34,638	[1]
Purchase Price	6,500,000	[1]
Debt	4,830,000	[1]
Percentage of Property Leased	100.00%	[1]
The Carteret House [Member]	'
Real Estate Properties [Line Items]	'
Location	'Newport, NC	[1]
Date Purchased	4-Oct-13	[1]
Square Footage	29,570	[1]
Purchase Price	4,300,000	[1]
Debt	3,195,000	[1]
Percentage of Property Leased	100.00%	[1]
Sundial Assisted Living [Member]	'
Real Estate Properties [Line Items]	'
Location	'Redding, CA	[1],[5]
Date Purchased	18-Dec-13	[1],[5]
Square Footage	26,081	[1],[5]
Purchase Price	3,500,000	[1],[5]
Debt	0	[1],[5]
Percentage of Property Leased	100.00%	[1],[5]
Juniper Village at Lamar [Member]	'
Real Estate Properties [Line Items]	'
Location	'Lamar, CO	[1]
Date Purchased	22-Sep-14	[1]
Square Footage	18,804	[1]
Purchase Price	4,500,000	[1]
Debt	3,418,000	[1]
Percentage of Property Leased	100.00%	[1]
Juniper Village at Monte Vista [Member]	'
Real Estate Properties [Line Items]	'
Location	'Monte Vista, CO	[1]
Date Purchased	22-Sep-14	[1]
Square Footage	20,190	[1]
Purchase Price	3,400,000	[1]
Debt	$2,582,000	[1]
Percentage of Property Leased	100.00%	[1]
[1]	The above table excludes Sherburne Commons Residences, LLC (bSherburne Commonsb), VIE for which we became the primary beneficiary and began consolidating its financial results as of June 30, 2011. As of October 19, 2011, Sherburne Commons was classified as held for sale (See Note 15).
[2]	We terminated the lease with the operator of this facility on March 16, 2014 and became the licensed operator of the facility on May 1, 2014 through a wholly- owned taxable REIT subsidiary (see Friendship Haven Taxable REIT Subsidiary).
[3]	Friendship Haven is currently being operated by a wholly-owned subsidiary of the Company.
[4]	Formerly known as Heritage Woods of Aledo.
[5]	Formerly known as Redding Assisted Living.

Investments_in_Real_Estate_Det1

Investments in Real Estate (Details 1) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Real Estate Properties [Line Items]	'	'
Investments in real estate	$86,147,000	'
Less: accumulated depreciation and amortization	-5,114,000	'
Net investments in real estate	81,033,000	75,314,000
Land [Member]	'	'
Real Estate Properties [Line Items]	'	'
Investments in real estate	6,772,000	'
Less: accumulated depreciation and amortization	0	'
Net investments in real estate	6,772,000	'
Building Improvements [Member]	'	'
Real Estate Properties [Line Items]	'	'
Investments in real estate	72,484,000	'
Less: accumulated depreciation and amortization	-3,226,000	'
Net investments in real estate	69,258,000	'
Furniture and Fixture [Member]	'	'
Real Estate Properties [Line Items]	'	'
Investments in real estate	6,891,000	'
Less: accumulated depreciation and amortization	-1,888,000	'
Net investments in real estate	$5,003,000	'

Investments_in_Real_Estate_Det2

Investments in Real Estate (Details 2) (USD $)	Sep. 30, 2014
Real Estate Properties [Line Items]	'
Land	$270,000
Buildings & improvements	7,192,000
Site improvements	203,000
Furniture & fixtures	378,000
Real estate acquisition and capitalized costs	8,043,000
Third-party acquisition costs, capitalized (included above)	143,000
Lamar [Member]	'
Real Estate Properties [Line Items]	'
Land	159,000
Buildings & improvements	4,163,000
Site improvements	59,000
Furniture & fixtures	194,000
Real estate acquisition and capitalized costs	4,575,000
Third-party acquisition costs, capitalized (included above)	75,000
Monte Vista [Member]	'
Real Estate Properties [Line Items]	'
Land	111,000
Buildings & improvements	3,029,000
Site improvements	144,000
Furniture & fixtures	184,000
Real estate acquisition and capitalized costs	3,468,000
Third-party acquisition costs, capitalized (included above)	$68,000

Investments_in_Real_Estate_Det3

Investments in Real Estate (Details Textual) (USD $)	3 Months Ended		9 Months Ended			1 Months Ended	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013	Sep. 22, 2014	Sep. 30, 2014
						Juniper Facilities [Member]	Friendship Haven Healthcare and Rehabilitation Center [Member]
Real Estate Properties [Line Items]	'	'	'	'	'	'	'
Capitalized Leasing Commissions	$1,900,000	'	$1,900,000	'	$2,400,000	'	'
Capital Leases, Income Statement, Amortization Expense	40,000	41,000	489,000	108,000	'	'	'
Lease Termination Period	'	'	'	'	'	'	16-Mar-14
Amortization of Deferred Leasing Fees	'	'	400,000	'	'	'	'
Business Acquisition, Asset Purchase, Consideration Value of Facilities	'	'	'	'	'	7,900,000	'
Initial Lease Term, Leased the Facilities	'	'	'	'	'	'15 years	'
Subsequent Lease Term, Renewal	'	'	'	'	'	'one five year	'
Initial Lease Rate, Description	'	'	'	'	'	10.00%	'
Impairment of Real Estate	$0	$3,400,000	$0	$3,368,000	'	'	'

Allowance_for_Doubtful_Account1

Allowance for Doubtful Accounts (Details Textual) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Allowance for Doubtful Accounts [Line Items]	'	'
Allowance for Doubtful Accounts Receivable	$37,000	$0

Concentration_of_Risk_Details_

Concentration of Risk (Details Textual)	9 Months Ended
	Sep. 30, 2014
Concentration Risk [Line Items]	'
Concentration Risk, Geographic	'As of September 30, 2014, excluding the Sherburne Commons VIE, we owned one property in California, four properties in Oregon, one property in Texas, one property in Illinois, four properties in North Carolina and two properties in Colorado. Accordingly, there is a geographic concentration of risk subject to economic and regulatory conditions in Oregon and North Carolina.

Notes_Receivable_Details_Textu

Notes Receivable (Details Textual) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'
Interest Income Note Receivable	$0	$13,000	$4,000	$38,000

Note_Receivable_from_Related_P2

Note Receivable from Related Party (eliminated in consolidation) (Details) (USD $)	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Balance at January 1	$0	$0
Additions to note receivable from related party	82,000	292,000
Repayments of note receivable from related party	0	0
Elimination of balance in consolidation of VIE	-82,000	-292,000
Balance at September 30,	$0	$0

Note_Receivable_from_Related_P3

Note Receivable from Related Party (eliminated in consolidation) (Details Textual) (Sherburne Commons Property [Member], USD $)	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Sherburne Commons Property [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Mortgage Loans on Real Estate, Period Increase (Decrease)	$82,000	$292,000

Receivable_from_Related_Party_

Receivable from Related Party (Details Textual) (USD $)	3 Months Ended	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2014	Sep. 30, 2013
Receivable From Related Party [Line Items]	'	'	'
Amount in Excess of Restricted Operating Expenses	'	$1,700,000	'
Professional Fees	0	200,000	700,000
CRA To Follow On Offering [Member]	'	'	'
Receivable From Related Party [Line Items]	'	'	'
Percentage Of Offering Expenses	'	3.50%	'
Due From Related Parties	1,000,000	1,000,000	'
Advisory Agreement [Member]	'	'	'
Receivable From Related Party [Line Items]	'	'	'
Due From Related Parties	700,000	700,000	'
Amount in Excess of Restricted Operating Expenses	'	1,700,000	'
Over Reimbursement For Management Fees and Expenses	'	32,000	32,000
Professional Fees	'	$189,000	'

Consolidation_of_Nantucket_Var2

Consolidation of Nantucket Variable Interest Entity (Details) (USD $)	Sep. 30, 2014
Building and Building Improvements [Member]	'
Variable Interest Entity [Line Items]	'
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities, Net	$688,000
Above Market Leases [Member]	'
Variable Interest Entity [Line Items]	'
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities, Net	3,172,000
Leases, Acquired-In-Place [Member]	'
Variable Interest Entity [Line Items]	'
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities, Net	45,000
Below Market Lease, Acquired [Member]	'
Variable Interest Entity [Line Items]	'
Variable Interest Entity, Consolidated, Carrying Amount, Assets and Liabilities, Net	($145,000)

Consolidation_of_Nantucket_Var3

Consolidation of Nantucket Variable Interest Entity (Details Textual) (Nantucket Acquisition [Member], USD $)	Sep. 30, 2014	Dec. 31, 2013
In Millions, unless otherwise specified
Nantucket Acquisition [Member]	'	'
Variable Interest Entity [Line Items]	'	'
Variable Interest Entity, Consolidated, Carrying Amount, Assets	$9.50	$9.40

Equity_Details_Textual

Equity (Details Textual) (USD $)	9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2014
Schedule of Equity [Line Items]	'
Cumulative Common Stock, Shares Issued	20.9
Proceeds from Issuance of Common Stock	$167.10

Related_Party_Transactions_Det

Related Party Transactions (Details Textual) (USD $)	1 Months Ended	3 Months Ended			9 Months Ended		12 Months Ended
	Jun. 10, 2012	Sep. 30, 2014	Sep. 30, 2013	Jun. 30, 2012	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Related Party Transaction [Line Items]	'	'	'	'	'	'	'
Percentage In Excess Of Gross Proceeds From Offering As Sponsor Fee	3.50%	'	'	'	'	'	'
Terms Of Advisory Agreement Period For Reimbursement	'60 days	'	'	'	'	'	'
Terms Of Advisory Agreement Percentage In Excess Of Gross Proceeds	3.50%	'	'	'	'	'	'
Sponsor Fees	$1,100,000	'	'	'	'	'	'
Sponsor Fees Excess Of Contractual Limit	1,000,000	'	'	'	'	'	'
Accounts Receivable From Advisor	'	'	'	1,000,000	'	'	'
Received From Advisor	'	'	'	'	700,000	'	700,000
Legal Fees	'	0	100,000	'	0	300,000	'
Professional Fees	'	0	200,000	'	200,000	700,000	'
Reimbursement of Advisory Fees for Expenses	'	0	52,000	'	36,000	204,000	'
General and Administrative Expense	'	1,141,000	694,000	'	2,917,000	2,552,000	'
Disposition Fees	'	0	200,000	'	0	600,000	'
Payments for Leasing Costs	'	0	300,000	'	0	500,000	'
Asset Management Fees	'	0	271,000	'	205,000	865,000	'
Percentage Of Restricted Operating Expenses	'	'	'	'	2.00%	'	'
Percentage Of Restricted Net Income	'	'	'	'	25.00%	'	'
Operating Expenses, Total	'	'	'	'	3,700,000	'	'
Amount in Excess of Restricted Operating Expenses	'	'	'	'	1,700,000	'	'
Advisory Agreement [Member]	'	'	'	'	'	'	'
Related Party Transaction [Line Items]	'	'	'	'	'	'	'
Professional Fees	'	'	'	'	189,000	'	'
Over Reimbursement Of Advisory Fees For Management Fees and Expenses	'	'	'	'	32,000	32,000	'
General and Administrative Expense	'	0	300,000	'	200,000	900,000	'
Asset Management Fees	'	$0	$43,000	'	$42,000	$117,000	'

Loan_Payable_Details

Loan Payable (Details) (USD $)	Sep. 30, 2014
General Electric Capital Corporation Healthcare Properties [Member]	'
Debt Instrument [Line Items]	'
October 1, 2014 to December 31, 2014	$32,000
2015	129,000
2016	129,000
2017	6,083,000
Subtotal	6,373,000
General Electric Capital Corporation Aledo Property [Member]	'
Debt Instrument [Line Items]	'
October 1, 2014 to December 31, 2014	40,000
2015	102,000
2016	107,000
2017	115,000
2018	5,478,000
Subtotal	5,842,000
Private Bank and Trust Company Winston Salem Property [Member]	'
Debt Instrument [Line Items]	'
October 1, 2014 to December 31, 2014	43,000
2015	179,000
2016	7,053,000
Subtotal	7,275,000
Private Bank and Trust Company North Carolina Portfolio [Member]	'
Debt Instrument [Line Items]	'
October 1, 2014 to December 31, 2014	60,000
2015	245,000
2016	11,095,000
Subtotal	11,400,000
Lancaster Pollard Mortgage Company, LLC Sheridan Loan [Member]	'
Debt Instrument [Line Items]	'
October 1, 2014 to December 31, 2014	31,000
2015	129,000
2016	133,000
2017	139,000
2018	4,766,000
Subtotal	5,198,000
Lancaster Pollard Mortgage Company, LLC Fern Hill Loan [Member]	'
Debt Instrument [Line Items]	'
October 1, 2014 to December 31, 2014	28,000
2015	113,000
2016	117,000
2017	121,000
2018	4,181,000
Subtotal	4,560,000
Lancaster Pollard Mortgage Company, LLC Pacific Loan [Member]	'
Debt Instrument [Line Items]	'
October 1, 2014 to December 31, 2014	46,000
2015	188,000
2016	195,000
2017	203,000
2018	6,970,000
Subtotal	7,602,000
Lancaster Pollard Mortgage Company, LLC Farmington Square Loan [Member]	'
Debt Instrument [Line Items]	'
October 1, 2014 to December 31, 2014	24,000
2015	97,000
2016	101,000
2017	105,000
2018	6,553,000
Subtotal	6,880,000
The PrivateBank and Trust Company - Juniper Village Juniper Loan [Member]	'
Debt Instrument [Line Items]	'
October 1, 2014 to December 31, 2014	33,000
2015	132,000
2016	143,000
2017	5,692,000
Subtotal	$6,000,000

Loan_Payable_Details_Textual

Loan Payable (Details Textual) (USD $)

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

12 Months Ended

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Dec. 31, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Dec. 31, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Dec. 31, 2013

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Dec. 31, 2013

Transamerica Life Insurance Company [Member]

Transamerica Life Insurance Company [Member]

Wells Fargo Bank National Association [Member]

Wells Fargo Bank National Association [Member]

General Electric Capital Corporation - Western Property [Member]

General Electric Capital Corporation - Western Property [Member]

General Electric Capital Corporation - Healthcare Properties [Member]

General Electric Capital Corporation - Healthcare Properties [Member]

General Electric Capital Corporation - Healthcare Properties [Member]

General Electric Capital Corporation - Healthcare Properties [Member]

General Electric Capital Corporation - Healthcare Properties [Member]

General Electric Capital Corporation - Aledo Property [Member]

General Electric Capital Corporation - Aledo Property [Member]

General Electric Capital Corporation - Aledo Property [Member]

General Electric Capital Corporation - Aledo Property [Member]

General Electric Capital Corporation - Aledo Property [Member]

Private Bank and Trust Company - Winston Salem Property [Member]

Private Bank and Trust Company - Winston Salem Property [Member]

Private Bank and Trust Company - Winston Salem Property [Member]

Private Bank and Trust Company - Winston Salem Property [Member]

Private Bank and Trust Company - North Carolina Portfolio [Member]

Private Bank and Trust Company - North Carolina Portfolio [Member]

Private Bank and Trust Company - North Carolina Portfolio [Member]

Private Bank and Trust Company - North Carolina Portfolio [Member]

Private Bank and Trust Company - North Carolina Portfolio [Member]

Lancaster Pollard Mortgage Company, LLC Sheridan Loan [Member]

Lancaster Pollard Mortgage Company, LLC Sheridan Loan [Member]

Lancaster Pollard Mortgage Company, LLC Fern Hill Loan [Member]

Lancaster Pollard Mortgage Company, LLC Fern Hill Loan [Member]

Lancaster Pollard Mortgage Company, LLC Pacific Loan [Member]

Lancaster Pollard Mortgage Company, LLC Pacific Loan [Member]

Lancaster Pollard Mortgage Company, LLC Farmington Square Loan [Member]

Lancaster Pollard Mortgage Company, LLC Farmington Square Loan [Member]

The PrivateBank and Trust Company - Juniper Village Juniper Loan [Member]

The PrivateBank and Trust Company - Juniper Village Juniper Loan [Member]

The PrivateBank and Trust Company - Juniper Village Juniper Loan [Member]

The PrivateBank and Trust Company - Juniper Village Juniper Loan [Member]

Notes Payable [Member]

Notes Payable [Member]

Ge Loan [Member]

Ge Loan [Member]

Ge Loan [Member]

Ge Loan [Member]

Debt Instrument [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Long-Term Debt

'

'

'

'

'

'

'

'

'

'

$21,700,000

'

$21,700,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$61,100,000

'

Debt Issuance Cost

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2,100,000

1,200,000

Amortization of deferred financing costs

169,000

44,000

263,000

119,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Repayments of Secured Debt

'

'

'

'

'

'

35,000

100,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

500,000

'

'

'

'

4,600,000

'

4,100,000

'

6,800,000

'

6,100,000

'

'

'

'

'

'

Interest Expense, Debt

'

'

'

'

68,000

300,000

'

'

0

26,000

400,000

400,000

1,100,000

1,100,000

'

75,000

74,000

222,000

74,000

'

93,000

93,000

275,000

245,000

156,000

'

0

462,000

0

25,000

'

22,000

'

37,000

'

36,000

'

7,000

0

7,000

0

'

'

Debt Instrument, Face Amount

'

'

'

'

'

'

'

'

'

'

$6,400,000

'

$6,400,000

'

$28,300,000

$5,800,000

'

$5,800,000

'

$5,900,000

$7,300,000

'

$7,300,000

'

$11,400,000

$11,400,000

'

$11,400,000

'

$5,200,000

'

$4,600,000

'

$7,600,000

'

$6,900,000

'

$6,000,000

'

$6,000,000

'

'

'

Debt Instrument, Interest Rate, Stated Percentage

'

'

'

'

'

'

'

'

'

'

6.00%

'

6.00%

'

'

6.00%

'

6.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Debt Instrument, Maturity Date

'

'

'

'

'

'

'

'

'

'

'

'

11-Sep-17

'

'

'

'

1-Jul-18

'

'

'

'

30-Jan-16

'

'

'

'

3-Oct-16

'

30-Sep-39

'

30-Sep-39

'

30-Sep-39

'

30-Sep-49

'

'

'

21-Sep-17

'

'

'

Debt Instrument, Term

'

'

'

'

'

'

'

'

'

'

'

'

'25 years

'

'

'

'

'25 years

'

'

'

'

'25 years

'

'

'

'

'25 years

'

'25 years

'

'25 years

'

'25 years

'

'35 years

'

'

'

'25 years

'

'

'

Debt Instrument, Description of Variable Rate Basis

'

'

'

'

'

'

'

'

'

'

'

'

'The GE Loan, which bears interest for the first 12 months at 90-day LIBOR plus 4.5%, with a LIBOR floor of 0.5%

'

'

'

'

'The Aledo Loan, which bears interest for the first 12 months at 90-day LIBOR plus 4.5%, with a LIBOR floor of 0.5%

'

'

'

'

'The PB Loan is secured by the Danby House facility and bears interest at one-month LIBOR plus 4.00% with a LIBOR floor of 1.00%

'

'

'

'

'The North Carolina Loan bears interest at one-month LIBOR plus 4.25% with a LIBOR floor of 1.00%

'

'The loan bears interest at a fixed rate of 4.43%

'

'The loan bears interest at a fixed rate of 4.43%

'

'The loan bears interest at a fixed rate of 4.43%

'

'The loan bears interest at a fixed rate of 4.43%

'

'

'

'The Juniper Loan bears interest at one-month LIBOR plus 4.50% with a LIBOR floor of .25%.

'

'

'

Commitments_and_Contingencies_

Commitments and Contingencies (Details Textual) (Office Space at Lake Forest, California [Member], USD $)	9 Months Ended
	Sep. 30, 2014
Office Space at Lake Forest, California [Member]	'
Lessee Leasing Arrangements, Operating Leases, Term of Contract	'3 years
Operating Leases, Future Minimum Payments Due, Next Twelve Months	$71,270
Operating Leases, Future Minimum Payments, Due in Two Years	76,186
Operating Leases, Future Minimum Payments, Due in Three Years	81,100
Operating Lease, Termination Fee	$110,000

Discontinued_Operations_Detail

Discontinued Operations (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'	'	'
Rental revenues, tenant reimbursements and other income	$3,943,000	$1,729,000	$9,144,000	$4,603,000
Operating expenses and real estate taxes	'	'	-3,700,000	'
Depreciation and amortization	-873,000	-627,000	-2,984,000	-1,709,000
Impairment of real estate	0	-3,400,000	0	-3,368,000
Discontinued Operations [Member]	'	'	'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'	'	'
Rental revenues, tenant reimbursements and other income	700,000	1,149,000	1,853,000	3,788,000
Operating expenses and real estate taxes	-664,000	-2,054,000	-2,053,000	-4,291,000
Depreciation and amortization	0	-104,000	0	-506,000
Impairment of real estate	0	0	0	-3,368,000
Gain on sales of real estate net	0	1,323,000	0	5,411,000
Income (loss) from discontinued operations	$36,000	$314,000	($200,000)	$1,034,000

Discontinued_Operations_Detail1

Discontinued Operations (Details 1) (USD $)	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2013	Dec. 31, 2012
Assets of variable interest entity held for sale:	'	'	'	'
Cash and cash equivalents	$6,130,000	$10,538,000	$17,161,000	$1,067,000
Total assets	4,113,000	4,299,000	'	'
Liabilities of variable interest entity held for sale:	'	'	'	'
Notes payable	61,100,000	52,800,000	'	'
Loan payable	61,131,000	52,819,000	'	'
Accounts payable and accrued liabilities	1,839,000	972,000	'	'
Liabilities of variable interest entity held for sale	2,701,000	2,769,000	'	'
Variable Interest Entity, Primary Beneficiary [Member] | Discontinued Operations [Member]	'	'	'	'
Assets of variable interest entity held for sale:	'	'	'	'
Cash and cash equivalents	17,000	124,000	'	'
Investments in real estate, net	3,905,000	3,905,000	'	'
Accounts receivable, inventory and other assets	191,000	270,000	'	'
Total assets	4,113,000	4,299,000	'	'
Liabilities of variable interest entity held for sale:	'	'	'	'
Notes payable	1,332,000	1,332,000	'	'
Loan payable	127,000	219,000	'	'
Accounts payable and accrued liabilities	499,000	600,000	'	'
Intangible lease liabilities, net	145,000	145,000	'	'
Interest payable	598,000	473,000	'	'
Liabilities of variable interest entity held for sale	$2,701,000	$2,769,000	'	'

Discontinued_Operations_Detail2

Discontinued Operations (Details Textual) (Discontinued Operations [Member], USD $)	Sep. 30, 2014
In Millions, unless otherwise specified
Discontinued Operations [Member]	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'
Purchase Options, Land	$7.90

Subsequent_Events_Details_Text

Subsequent Events (Details Textual) (Myrtle Point, Oregon [Member], Subsequent Event [Member], USD $)	9 Months Ended
	Sep. 30, 2014
Subsequent Event [Line Items]	'
Business Combination, Consideration Transferred	$4,150,000
Operating Leases, Earn-Out Payment, Maximum	450,000
PrivateBank and Trust Company Loans [Member]	'
Subsequent Event [Line Items]	'
Debt Instrument, Face Amount	$3,080,000
Debt Instrument, Description of Variable Rate Basis	'One Month LIBOR (London Interbank Rate), with a floor of 25 basis points, plus a spread of 4.50%
Debt Instrument, Basis Spread on Variable Rate	4.50%
Debt Instrument, Term	'25 years
Debt Instrument, Maturity Date	30-Oct-17