Sentio Healthcare Properties 10-Q 8 Nov 13 2013 Q3 Quarterly report Financial data

Document_And_Entity_Informatio

Document And Entity Information	9 Months Ended
	Sep. 30, 2013	Nov. 04, 2013
Document Information [Line Items]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	30-Sep-13	'
Document Fiscal Year Focus	'2013	'
Document Fiscal Period Focus	'Q3	'
Entity Common Stock, Shares Outstanding	'	12,609,784
Entity Registrant Name	'Sentio Healthcare Properties Inc	'
Entity Central Index Key	'0001378774	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Smaller Reporting Company	'

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Sep. 30, 2013	Dec. 31, 2012
ASSETS	'	'
Cash and cash equivalents	$18,265,000	$21,507,000
Investments in real estate:	'	'
Land	23,193,000	23,193,000
Buildings and improvements, net	154,439,000	157,845,000
Furniture, fixtures and equipment, net	2,786,000	3,315,000
Intangible lease assets, net	3,334,000	5,383,000
Total Investment In Real Estate	183,752,000	189,736,000
Deferred financing costs, net	1,496,000	1,697,000
Investment in unconsolidated entities	1,458,000	3,529,000
Tenant and other receivable, net	2,912,000	1,988,000
Deferred costs and other assets	8,249,000	2,987,000
Restricted cash	3,869,000	3,821,000
Goodwill	5,965,000	5,965,000
Total assets	225,966,000	231,230,000
Liabilities:	'	'
Notes payable, net	143,605,000	145,364,000
Accounts payable and accrued liabilities	4,554,000	4,545,000
Prepaid rent and security deposits	1,984,000	1,879,000
Distributions payable	1,544,000	1,533,000
Total liabilities	151,687,000	153,321,000
Commitments and contingencies	'	'
Equity:	'	'
Common stock, $0.01 par value per share; 580,000,000 shares authorized; 12,615,208, and 12,807,673 shares issued and outstanding at September 30, 2013 and December 31, 2012, respectively	126,000	128,000
Additional paid-in capital	84,953,000	91,589,000
Accumulated deficit	-14,419,000	-17,936,000
Total stockholders’ equity	70,660,000	73,781,000
Noncontrolling interests	3,619,000	4,128,000
Total equity	74,279,000	77,909,000
Total liabilities and equity	$225,966,000	$231,230,000

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Common stock, par value	$0.01	$0.01
Common stock, shares authorized	580,000,000	580,000,000
Common stock, shares issued	12,615,208	12,807,673
Common stock, shares outstanding	12,615,208	12,807,673

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended				9 Months Ended
	Sep. 30, 2013		Sep. 30, 2012		Sep. 30, 2013		Sep. 30, 2012
Revenue:	'		'		'		'
Rental revenue	$8,499,000		$8,422,000		$25,373,000		$24,525,000
Resident services and fee income	6,195,000		3,655,000		18,115,000		8,243,000
Tenant reimbursements and other income	403,000		312,000		1,212,000		1,121,000
Total revenues	15,097,000		12,389,000		44,700,000		33,889,000
Expenses:	'		'		'		'
Property operating and maintenance	9,181,000		7,473,000		26,899,000		20,921,000
General and administrative expenses	523,000		423,000		1,186,000		1,632,000
Asset management fees and expenses	732,000		559,000		2,125,000		1,543,000
Real estate acquisition costs and contingent consideration	0		1,016,000		0		1,229,000
Depreciation and amortization	1,528,000		1,689,000		6,317,000		4,653,000
Total expenses	11,964,000		11,160,000		36,527,000		29,978,000
Income from operations	3,133,000		1,229,000		8,173,000		3,911,000
Other (income) expense:	'		'		'		'
Interest expense, net	2,031,000		1,788,000		6,121,000		4,808,000
Loss on debt extinguishment and other expense	0		0		0		151,000
Equity in loss (income) from unconsolidated entities	56,000	[1],[2]	-14,000	[1],[2]	-24,000	[1],[2]	363,000	[1],[2],[3]
Gain on remeasurement of investment in unconsolidated entity	0		0		0		-1,282,000
Gain on disposition of investment in unconsolidated entity	-1,701,000		0		-1,701,000		0
Net income (loss)	2,747,000		-545,000		3,777,000		-129,000
Net income (loss) attributable to noncontrolling interests	215,000		-16,000		260,000		108,000
Net income (loss) attributable to common stockholders	$2,532,000		($529,000)		$3,517,000		($237,000)
Basic and diluted net income (loss) per common share attributable to common stockholders	$0.20		($0.04)		$0.28		($0.02)
Basic and diluted weighted average number of common shares	12,673,194		12,853,483		12,756,221		12,877,929
[1]	The Physicians Centre MOB joint venture was acquired in April 2012 and was accounted for under the equity method of accounting beginning with the second quarter of 2012.
[2]	Littleton Specialty Rehabilitation Facility was completed in April 2012 and the single tenant began paying rent in July 2012, in accordance with the lease. Tenant operations commenced upon licensure of the facility in July 2012 and Littleton Specialty Rehabilitation Facility was accounted for under the equity method of accounting. On December 17, 2012, our joint venture partner noticed the Company of their intent to exercise their promote monetization right. The Company elected to satisfy the monetization provision through a sale of the property. The property was sold on August 8, 2013 for $11.3 million, which resulted in the Company receiving cash proceeds, net of debt repayment, of approximately $3.5 million. The Company recorded a gain of $1.7 million in the quarter ended September 30, 2013. The Company’s equity in income from the Littleton Specialty Rehabilitation Facility is included in the statement of operations through the date of the sale.
[3]	The Company acquired the controlling interest in the operations of Rome LTACH in April 2012 and as a result, Rome LTACH was consolidated in the second quarter of 2012. Accordingly, Rome LTACH was accounted for under the equity method of accounting during the three months ended March 31, 2012.

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (USD $)	Total	Common Stock	Common Stock, Additional Paid-In Capital	Common Stock, Accumulated Deficit	Common Stock, Total Stockholders' Equity	Noncontrolling interests
Balance at Dec. 31, 2011	$80,859,000	$129,000	$96,542,000	($17,054,000)	$79,617,000	$1,242,000
Balance (in shares) at Dec. 31, 2011	'	12,916,612	'	'	'	'
Redeemed shares (in shares)	'	-76,293	'	'	'	'
Redeemed shares	-719,000	0	-719,000	0	-719,000	0
Noncontrolling interest contribution	3,444,000	0	0	0	0	3,444,000
Distributions	-2,709,000	0	-2,407,000	0	-2,407,000	-302,000
Net income (loss)	-129,000	0	0	-237,000	-237,000	108,000
Balance at Sep. 30, 2012	80,746,000	129,000	93,416,000	-17,291,000	76,254,000	4,492,000
Balance (in shares) at Sep. 30, 2012	'	12,840,319	'	'	'	'
Balance at Dec. 31, 2012	77,909,000	128,000	91,589,000	-17,936,000	73,781,000	4,128,000
Balance (in shares) at Dec. 31, 2012	'	12,807,673	'	'	'	'
Redeemed shares (in shares)	-192,465	-192,465	'	'	'	'
Redeemed shares	-1,924,000	-2,000	-1,922,000	0	-1,924,000	0
Offering costs	-92,000	0	-92,000	0	-92,000	0
Distributions	-5,391,000	0	-4,622,000	0	-4,622,000	-769,000
Net income (loss)	3,777,000	0	0	3,517,000	3,517,000	260,000
Balance at Sep. 30, 2013	$74,279,000	$126,000	$84,953,000	($14,419,000)	$70,660,000	$3,619,000
Balance (in shares) at Sep. 30, 2013	'	12,615,208	'	'	'	'

CONDENSED_CONSOLIDATED_STATEME2

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	9 Months Ended
	Sep. 30, 2013		Sep. 30, 2012
Cash flows from operating activities:	'		'
Net income (loss)	$3,777,000		($129,000)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:	'		'
Amortization of deferred financing costs	308,000		356,000
Depreciation and amortization	6,317,000		4,653,000
Straight-line rent and above/below market lease amortization	-487,000		-527,000
Gain on disposition of investment in unconsolidated entity	-1,701,000		0
Amortization of loan premium	-52,000		0
Real estate contingent consideration	0		110,000
Gain on remeasurement of investment in unconsolidated entity	0		-1,282,000
Equity in (income) loss from unconsolidated entities	-24,000	[1],[2]	363,000	[1],[2],[3]
Bad debt expense	27,000		40,000
Deferred tax (benefit)	-569,000		-191,000
Change in operating assets and liabilities:	'		'
Tenant and other receivables	-285,000		205,000
Deferred costs and other assets	152,000		441,000
Restricted cash	9,000		95,000
Prepaid rent and security deposits	105,000		142,000
Accounts payable and accrued liabilities	1,000		145,000
Net cash provided by operating activities	7,578,000		4,421,000
Cash flows from investing activities:	'		'
Real estate acquisitions	0		-18,151,000
Additions to real estate	-489,000		-383,000
Purchase of an interest in an unconsolidated entity	0		-2,490,000
Proceeds from disposition of investment in unconsolidated entity	3,534,000		0
Changes in restricted cash	-57,000		47,000
Acquisition deposits	-886,000		0
Distributions from unconsolidated entities	342,000		143,000
Net cash provided by (used in) investing activities	2,444,000		-20,834,000
Cash flows from financing activities:	'		'
Redeemed shares	-1,924,000		-719,000
Proceeds from notes payable	0		40,763,000
Repayments of notes payable	-1,707,000		-25,529,000
Offering costs	-84,000		0
Deferred financing costs	-107,000		-1,247,000
Noncontrolling interest contribution	0		603,000
Payment of real estate contingent consideration	0		-980,000
Distributions paid to stockholders	-4,611,000		-2,407,000
Distributions paid to noncontrolling interests	-769,000		-302,000
Prepaid preferred stock offering costs	-4,062,000		0
Net cash (used in) provided by financing activities	-13,264,000		10,182,000
Net (decrease) in cash and cash equivalents	-3,242,000		-6,231,000
Cash and cash equivalents - beginning of period	21,507,000		27,972,000
Cash and cash equivalents - end of period	18,265,000		21,741,000
Supplemental disclosure of cash flow information:	'		'
Cash paid for interest	5,808,000		4,694,000
Cash paid for income taxes	367,000		549,000
Supplemental disclosure of non-cash financing and investing activities:	'		'
Distributions declared not paid	1,544,000		807,000
Accrued offering costs	8,000		0
Notes payable assumed and non-cash equity contribution in connection with real estate acquisition	$0		$50,236,000
[1]	The Physicians Centre MOB joint venture was acquired in April 2012 and was accounted for under the equity method of accounting beginning with the second quarter of 2012.
[2]	Littleton Specialty Rehabilitation Facility was completed in April 2012 and the single tenant began paying rent in July 2012, in accordance with the lease. Tenant operations commenced upon licensure of the facility in July 2012 and Littleton Specialty Rehabilitation Facility was accounted for under the equity method of accounting. On December 17, 2012, our joint venture partner noticed the Company of their intent to exercise their promote monetization right. The Company elected to satisfy the monetization provision through a sale of the property. The property was sold on August 8, 2013 for $11.3 million, which resulted in the Company receiving cash proceeds, net of debt repayment, of approximately $3.5 million. The Company recorded a gain of $1.7 million in the quarter ended September 30, 2013. The Company’s equity in income from the Littleton Specialty Rehabilitation Facility is included in the statement of operations through the date of the sale.
[3]	The Company acquired the controlling interest in the operations of Rome LTACH in April 2012 and as a result, Rome LTACH was consolidated in the second quarter of 2012. Accordingly, Rome LTACH was accounted for under the equity method of accounting during the three months ended March 31, 2012.

Organization

Organization	9 Months Ended
	Sep. 30, 2013
Organization, Consolidation and Presentation Of Financial Statements [Abstract]	'
Organization	'
	1. Organization
	Sentio Healthcare Properties, Inc., a Maryland corporation, was formed on October 16, 2006 under the Maryland General Corporation Law 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 Sentio Healthcare Properties, Inc. and its consolidated subsidiaries, except where context otherwise requires. Our business is managed by Sentio Investments, LLC, a Florida limited liability company that was formed on December 20, 2011 (the “Advisor”), which is majority-owned and controlled by John Mark Ramsey, our Chief Executive Officer. Beginning with the taxable year ended December 31, 2008, Sentio Healthcare Properties, Inc. has elected to be taxed as a real estate investment trust (“REIT”).
	Sentio Healthcare Properties OP, LP, a Delaware limited partnership (the “Operating Partnership”), was formed on October 17, 2006. At September 30, 2013, we owned 100% of the interest in the Operating Partnership and the HC Operating Partnership, LP, a subsidiary of the Operating Partnership. We anticipate that we will conduct substantially all of our operations through the Operating Partnership. Our financial statements and the financial statements of the Operating Partnership are consolidated in the accompanying condensed consolidated financial statements. All intercompany accounts and transactions have been eliminated in consolidation.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2013
Summary Of Significant Accounting Policies [Abstract]	'
Summary of Significant Accounting Policies	'
	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, 2012.
	Principles of Consolidation and Basis of Presentation
	The accompanying condensed consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation. In accordance with the guidance for the consolidation of variable interest entities (“VIEs”), we analyze our variable interests, including investments in partnerships and joint ventures, to determine if the entity in which we have a variable interest is a variable interest entity. Our analysis includes both quantitative and qualitative reviews, based on our review of the design of the entity, its organizational structure including decision-making ability, risk and reward sharing experience and financial condition of other partner(s), voting rights, involvement in day-to-day capital and operating decisions and financial agreements. We also use quantitative and qualitative analyses to determine if we must consolidate a variable interest entity as the primary beneficiary.
	Interim Financial Information
	The accompanying interim condensed consolidated financial statements have been prepared by our management in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and in conjunction with the rules and regulations of the SEC. Certain information and note disclosures required for annual financial statements have been condensed or excluded pursuant to SEC rules and regulations. Accordingly, the interim condensed consolidated financial statements do not include all of the information and notes required by GAAP for complete financial statements. The accompanying financial information reflects all adjustments which are, in the opinion of our 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. Operating results for the three and nine months ended September 30, 2013 are not necessarily indicative of the results that may be expected for the year ending December 31, 2013. Our accompanying interim condensed consolidated financial statements should be read in conjunction with our audited condensed consolidated financial statements and the notes thereto included on our 2012 Annual Report on Form 10-K, as filed with the SEC.

Investments_in_Real_Estate

Investments in Real Estate	9 Months Ended
	Sep. 30, 2013
Investments In Real Estate [Abstract]	'
Investments in Real Estate	'
	3. Investments in Real Estate
	As of September 30, 2013, accumulated depreciation and amortization related to real estate assets and related lease intangibles were as follows:
		Land		Buildings and		Furniture,		Intangible lease
				improvements		fixtures and		assets
						equipment
	Cost	$	23,193,000	$	167,224,000	$	5,270,000	$	14,757,000
	Accumulated depreciation and amortization		—		-12,785,000		-2,484,000		-11,423,000
	Net	$	23,193,000	$	154,439,000	$	2,786,000	$	3,334,000
	As of December 31, 2012, accumulated depreciation and amortization related to real estate assets and related lease intangibles were as follows:
		Land		Buildings and		Furniture,		Intangible lease
				improvements		fixtures and		assets
						equipment
	Cost	$	23,193,000	$	166,996,000	$	5,118,000	$	14,757,000
	Accumulated depreciation and amortization		—		-9,151,000		-1,803,000		-9,374,000
	Net	$	23,193,000	$	157,845,000	$	3,315,000	$	5,383,000
	Depreciation expense associated with buildings and improvements, site improvements and furniture and fixtures for the three months ended September 30, 2013 and 2012 was approximately $1.4 million and $1.2 million, respectively. Depreciation expense associated with buildings and improvements, site improvements and furniture and fixtures for the nine months ended September 30, 2013 and 2012 was approximately $4.3 million and $3.2 million, respectively.
	Amortization associated with intangible assets for the three months ended September 30, 2013 and 2012 was $0.1 million and $0.5 million, respectively. Amortization associated with intangible assets for the nine months ended September 30, 2013 and 2012 was $2.0 million and $1.5 million, respectively.
	Estimated amortization for October 1, 2013 through December 31, 2013 and each of the subsequent years is as follows:
		Intangible
		assets
	October 1, 2013 — December 31, 2013	$	82,000
	2014		330,000
	2015		330,000
	2016		329,000
	2017		328,000
	2018		328,000
	2019 and thereafter		1,607,000
	The estimated useful lives for intangible assets range from approximately three to sixteen years. As of September 30, 2013, the weighted-average amortization period for intangible assets was eleven years.

Investments_in_Unconsolidated_

Investments in Unconsolidated Entities	9 Months Ended
	Sep. 30, 2013
Investments In Unconsolidated Entities [Abstract]	'
Investments In Unconsolidated Entities	'
	4. Investments in Unconsolidated Entities
	As of September 30, 2013, the Company owns an interest in the following entity that is accounted for under the equity method of accounting:
	Entity(1)		Property Type		Acquired		Investment(2)			Ownership%
	Physicians Center MOB		Medical Office Building		Apr-12			1,458,000			71.9
	-1	This entity is not consolidated because the Company exercises significant influence, but does not control or direct the activities that most significantly impact the entity’s performance.
	-2	Represents the carrying value of the Company’s investment in the unconsolidated entity.
	Summarized combined financial information for the Company’s unconsolidated entities is as follows:
			September 30,			December 31,
			2013(2)			2012(1)(2)
	Cash and cash equivalents		$	370,000		$	423,000
	Investments in real estate, net			8,949,000			16,312,000
	Other assets			173,000			549,000
	Total assets		$	9,492,000		$	17,284,000
	Notes payable			7,240,000			12,504,000
	Accounts payable and accrued liabilities			252,000			219,000
	Other liabilities			26,000			99,000
	Total stockholders’ equity			1,974,000			4,462,000
	Total liabilities and equity		$	9,492,000		$	17,284,000
			Three Months Ended						Nine Months Ended
			September 30,						September 30,
				2013(1)(2)			2012(1)(2)			2013(1)(2)			2012(1)(2)(3)
	Total revenues		$	505,000		$	689,000		$	1,898,000		$	1,754,000
	Net loss			-81,000			-15,000			-22,000			-486,000
	Company’s equity in loss (income) from unconsolidated			56,000			-14,000			-24,000			363,000
	entities
	-1	Littleton Specialty Rehabilitation Facility was completed in April 2012 and the single tenant began paying rent in July 2012, in accordance with the lease. Tenant operations commenced upon licensure of the facility in July 2012 and Littleton Specialty Rehabilitation Facility was accounted for under the equity method of accounting. On December 17, 2012, our joint venture partner noticed the Company of their intent to exercise their promote monetization right. The Company elected to satisfy the monetization provision through a sale of the property. The property was sold on August 8, 2013 for $11.3 million, which resulted in the Company receiving cash proceeds, net of debt repayment, of approximately $3.5 million. The Company recorded a gain of $1.7 million in the quarter ended September 30, 2013. The Company’s equity in income from the Littleton Specialty Rehabilitation Facility is included in the statement of operations through the date of the sale.
	-2	The Physicians Centre MOB joint venture was acquired in April 2012 and was accounted for under the equity method of accounting beginning with the second quarter of 2012.
	-3	The Company acquired the controlling interest in the operations of Rome LTACH in April 2012 and as a result, Rome LTACH was consolidated in the second quarter of 2012. Accordingly, Rome LTACH was accounted for under the equity method of accounting during the three months ended March 31, 2012.

Income_Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2013
Income Taxes [Abstract]	'
Income Taxes	'
	5. Income Taxes
	For federal income tax purposes, we have elected to be taxed as a real estate investment trust under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the “Code”), beginning with our taxable year ended December 31, 2008. REIT status imposes limitations related to operating assisted-living properties. Generally, to qualify as a REIT, we cannot directly operate assisted-living facilities. However, such facilities may generally be operated by a taxable REIT subsidiary (“TRS”) pursuant to a lease with the Company. Therefore, we have formed Master HC TRS, LLC (“Master TRS”), a wholly owned subsidiary of HC Operating Partnership, LP, to lease any assisted-living properties we acquire and to operate the assisted-living properties pursuant to contracts with unaffiliated management companies. Master TRS and the Company have made the applicable election for Master TRS to qualify as a TRS. Under the management contracts, the management companies have direct control of the daily operations of these assisted-living properties.
	Each TRS is a tax paying component for purposes of classifying deferred tax assets and liabilities. We record net deferred tax assets to the extent we believe these assets will more likely than not be realized. In making such determination, we consider all available positive and negative evidence, including future reversals of existing taxable temporary differences, projected future taxable income, tax planning strategies and recent financial operations. In the event we were to determine that we would not be able to realize our deferred income tax assets in the future in excess of their net recorded amount, we would establish a valuation allowance which would reduce the provision for income taxes.
	The Master TRS recognized a $0.1 million expense and a $0.1 million expense for Federal and State income taxes in the three months ended September 30, 2013 and 2012, respectively, and a $0.1 million benefit and a $0.1 million expense for Federal and State income taxes in the nine months ended September 30, 2013 and 2012, respectively, which have been recorded in general and administrative expenses. Net deferred tax assets related to the TRS entities totaled approximately $1.9 million at September 30, 2013 and $1.3 million at December 31, 2012, respectively, related primarily to book and tax basis differences for straight-line rent and accrued liabilities. Realization of these deferred tax assets is dependent in part upon generating sufficient taxable income in future periods. These deferred tax assets are included in deferred costs and other assets in our condensed consolidated balance sheets. We have not recorded a valuation allowance against our deferred tax assets as of September 30, 2013, as we have determined that the future projected taxable income from the operations of the TRS entities are sufficient to cover the additional future expenses resulting from these book tax differences.

Segment_Reporting

Segment Reporting	9 Months Ended
	Sep. 30, 2013
Segment Reporting [Abstract]	'
Segment Reporting	'
	6. Segment Reporting
	As of September 30, 2013, we operated in three reportable business segments: senior living operations, triple-net leased properties, and medical office building (“MOB”) properties. Our senior living operations segment primarily consists of investments in senior housing communities located in the United States for which we engage independent third-party managers. Our triple-net leased properties segment consists of investments in skilled nursing and hospital facilities in the United States. These facilities are leased to healthcare operating companies under long-term “triple-net” or “absolute-net” leases, which require the tenants to pay all property-related expenses. Our medical office building operations segment primarily consists of investing in medical office buildings and leasing those properties to healthcare providers under long-term leases, which may require tenants to pay property-related expenses.
	We evaluate performance of the combined properties in each segment based on net operating income. Net operating income is defined as total revenue less property operating and maintenance expenses. There are no intersegment sales or transfers. We use net operating income to evaluate the operating performance of our real estate investments and to make decisions concerning the operation of the property. We believe that net operating income is useful to investors in understanding the value of income-producing real estate. Net income is the GAAP measure that is most directly comparable to net operating income; however, net operating income should not be considered as an alternative to net income as the primary indicator of operating performance as it excludes certain items such as depreciation and amortization, asset management fees and expenses, real estate acquisition costs, interest expense and corporate general and administrative expenses. Additionally, net operating income as we define it may not be comparable to net operating income as defined by other REITs or companies.
	The following tables reconcile the segment activity to consolidated net income for the three months ended September 30, 2013 and 2012:
		Three Months Ended September 30, 2013								Three Months Ended September 30, 2012
		Senior living		Triple-net		Medical		Consolidated		Senior living		Triple-net		Medical		Consolidated
		operations		leased		office				operations		leased		office
				properties		building						properties		building
	Rental revenue	$	6,976,000	$	1,309,000	$	214,000	$	8,499,000	$	6,910,000	$	1,298,000	$	214,000	$	8,422,000
	Resident services and fee income		6,195,000		—		—		6,195,000		3,655,000		—		—		3,655,000
	Tenant reimbursements and other		103,000		226,000		74,000		403,000		15,000		222,000		75,000		312,000
	income
		$	13,274,000	$	1,535,000	$	288,000	$	15,097,000	$	10,580,000	$	1,520,000	$	289,000	$	12,389,000
	Property operating and maintenance		8,875,000		227,000		79,000		9,181,000		7,159,000		220,000		94,000		7,473,000
	Net operating income	$	4,399,000	$	1,308,000	$	209,000	$	5,916,000	$	3,421,000	$	1,300,000	$	195,000	$	4,916,000
	General and administrative								523,000								423,000
	expenses
	Asset management fees and								732,000								559,000
	expenses
	Real estate acquisition costs and								—								1,016,000
	contingent consideration
	Depreciation and amortization								1,528,000								1,689,000
	Interest expense, net								2,031,000								1,788,000
	Equity in loss (income) from								56,000								-14,000
	unconsolidated entities
	Gain on disposition of investment in								-1,701,000								—
	unconsolidated entity
	Net income (loss)							$	2,747,000							$	-545,000
		Nine Months Ended September 30, 2013								Nine Months Ended September 30, 2012
		Senior living		Triple-net		Medical		Consolidated		Senior living		Triple-net		Medical		Consolidated
		operations		leased		office				operations		leased		office
				properties		building						properties		building
	Rental revenue	$	20,805,000	$	3,928,000	$	640,000	$	25,373,000	$	20,453,000	$	3,436,000	$	636,000	$	24,525,000
	Resident services and fee income		18,115,000		—		—		18,115,000		8,243,000		—		—		8,243,000
	Tenant reimbursements and other		328,000		663,000		221,000		1,212,000		294,000		593,000		234,000		1,121,000
	income
		$	39,248,000	$	4,591,000	$	861,000	$	44,700,000	$	28,990,000	$	4,029,000	$	870,000	$	33,889,000
	Property operating and maintenance		25,987,000		682,000		230,000		26,899,000		20,084,000		594,000		243,000		20,921,000
	Net operating income	$	13,261,000	$	3,909,000	$	631,000	$	17,801,000	$	8,906,000	$	3,435,000	$	627,000	$	12,968,000
	General and administrative								1,186,000								1,632,000
	expenses
	Asset management fees and								2,125,000								1,543,000
	expenses
	Real estate acquisition costs and								—								1,229,000
	contingent consideration
	Depreciation and amortization								6,317,000								4,653,000
	Interest expense, net								6,121,000								4,808,000
	Loss on debt extinguishment and								—								151,000
	other expense
	Equity in (income) loss from								-24,000								363,000
	unconsolidated entities
	Gain in remeasurement of								—								-1,282,000
	investment in unconsolidated
	entity
	Gain on disposition of investment in								-1,701,000								—
	unconsolidated entity
	Net income (loss)							$	3,777,000							$	-129,000
	The following table reconciles the segment activity to consolidated financial position as of September 30, 2013 and December 31, 2012.
		September 30, 2013		December 31, 2012
	Assets
	Investment in real estate:
	Senior living operations	$	133,296,000	$	137,784,000
	Triple-net leased properties		42,523,000		43,781,000
Medical office building		7,933,000		8,171,000
Total reportable segments	$	183,752,000	$	189,736,000
Reconciliation to consolidated assets:
Cash and cash equivalents		18,265,000		21,507,000
Deferred financing costs, net		1,496,000		1,697,000
Investment in unconsolidated entities		1,458,000		3,529,000
Tenant and other receivables, net		2,912,000		1,988,000
Deferred costs and other assets		8,249,000		2,987,000
Restricted cash		3,869,000		3,821,000
Goodwill		5,965,000		5,965,000
Total assets	$	225,966,000	$	231,230,000
As of September 30, 2013 and December 31, 2012, goodwill had a balance of approximately $6.0 million, all of which related to the senior living operations segment. The Company historically has not recorded any impairment charges for goodwill.

Fair_Value_Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2013
Fair Value Disclosures [Abstract]	'
Fair Value Disclosures	'
	7. Fair Value Measurements
	FASB Accounting Standards Codification (“ASC”) 825-10, “Financial Instruments” , requires the disclosure of fair value information about financial instruments, whether or not recognized on the face of the balance sheet, for which it is practical to estimate that value. In May 2011, the FASB issued ASU 2011-04, Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRS (“ASU 2011-04”). The amendments in this update result in additional fair value measurement and disclosure requirements within U.S. GAAP and International Financial Reporting Standards and change the wording used to describe many of the requirements in U.S. GAAP for measuring fair value and for disclosing information about fair value measurements.
	Level 1.  Quoted prices in active markets for identical instruments.
	Level 2.  Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities.
	Level 3.  Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.
	Assets and liabilities measured at fair value are classified according to the lowest level input that is significant to their valuation. A financial instrument that has a significant unobservable input along with significant observable inputs may still be classified as a Level 3 instrument.
	We generally determine or calculate the fair value of financial instruments using quoted market prices in active markets when such information is available or using appropriate present value or other valuation techniques, such as discounted cash flow analyses, incorporating available market discount rate information for similar types of instruments and our estimates for non-performance and liquidity risk. These techniques are significantly affected by the assumptions used, including the discount rate, credit spreads, and estimates of future cash flow.
	Our balance sheets include the following financial instruments: cash and cash equivalents, tenant and other receivables, restricted cash, security deposits, accounts payable and accrued liabilities, distributions payable, and notes payable. We consider the carrying values of our financial instruments, other than notes payable, to approximate fair value because they generally expose the Company to limited credit risk and because of the short period of time between origination of the financial assets and liabilities and their expected settlement.
	The fair value of the Company’s notes payable is estimated by discounting future cash flows of each instrument at rates that reflect the current market rates available to the Company for debt of the same terms and maturities. The fair value of the notes payable was determined using Level 2 inputs of the fair value hierarchy. Based on the estimates used by the Company, the fair value of notes payable was $143.7 million and $146.2 million, compared to the carrying values of $ 143.6 ($143.2 million, net of premium) million and $145.4 ($145.0 million, net of premium) million at September 30, 2013 and December 31, 2012, respectively.
	There were no transfers between Level 1 or 2 during the three and nine months ended September 30, 2013.

Notes_Payable

Notes Payable	9 Months Ended
	Sep. 30, 2013
Notes Payable [Abstract]	'
Notes Payable	'
	8. Notes Payable
	Notes payable were $143.6 million ($143.2 million, net of premium) and $145.4 million ($145.0 million, net of premium) as of September 30, 2013 and December 31, 2012, respectively. As of September 30, 2013, we had fixed and variable rate secured mortgage loans with effective interest rates ranging from 2.80% to 6.50% per annum and a weighted average effective interest rate of 5.45% per annum. As of September 30, 2013, notes payable consisted of $112.4 million of fixed rate debt, or approximately 79% of notes payable, at a weighted average interest rate of 5.35% per annum and $30.8 million of variable rate debt, or approximately 21% of notes payable, at a weighted average interest rate of 5.83% per annum. As of December 31, 2012, we had fixed and variable rate secured mortgage loans with effective interest rates ranging from 2.80% to 6.50% per annum and a weighted-average effective interest rate of 5.45% per annum. As of December 31, 2012, notes payable consisted of $113.8 million of fixed rate debt, or 79% of notes payable, at a weighted average interest rate of 5.35% per annum and $31.1 million of variable rate debt, or 21% of notes payable, at a weighted average interest rate of 5.83% per annum.
	We are required by the terms of the applicable loan documents to meet certain financial covenants, such as debt service coverage ratios, rent coverage ratios and reporting requirements. As of September 30, 2013, we were in compliance with all such covenants and requirements.
	Principal payments due on our notes payable for October 1, 2013 to December 31, 2013 and each of the subsequent years is as follows:
	Year	Principal amount
	October 1, 2013 to December 31, 2013	$	604,000
	2014		8,596,000
	2015		25,420,000
	2016		9,030,000
	2017		2,098,000
	2018 and thereafter		97,447,000
		$	143,195,000
	Add: premium		410,000
		$	143,605,000
	Interest Expense and Deferred Financing Cost
	For the three months ended September 30, 2013 and 2012, the Company incurred interest expense, including amortization of deferred financing costs of, $2.0 million and $1.8 million, respectively. For the nine months ended September 30, 2013 and 2012, the Company incurred interest expense, including amortization of deferred financing costs of, $6.1 million and $4.8 million, respectively. As of September 30, 2013 and December 31, 2012, the Company’s net deferred financing costs were approximately $1.5 million and $1.7 million, respectively. All deferred financing costs are capitalized and amortized over the life of the respective loan agreement.

Stockholders_Equity

Stockholders' Equity	9 Months Ended
	Sep. 30, 2013
Stockholders' Equity Note [Abstract]	'
Equity	'
	9. Stockholders’ Equity
	Common Stock
	Our charter authorizes the issuance of 580,000,000 shares of common stock with a par value of $0.01 per share and 20,000,000 shares of preferred stock with a par value of $0.01 per share. As of September 30, 2013, including distributions reinvested, we had issued approximately 13.3 million shares of common stock for a total of approximately $132.3 million of gross proceeds in our initial and follow-on public offerings.
	Preferred Stock and OP Units
	On February 10, 2013, we entered into a series of agreements with Sentinel RE Investment Holdings LP, an affiliate of Kohlberg Kravis Roberts & Co. L.P. (together with its affiliates, “KKR”) for the purpose of obtaining up to a $150 million equity commitment to be used to finance future real estate acquisitions (such investment and the related agreements, are referred to herein collectively as the “KKR Equity Commitment”). Pursuant to the KKR Equity Commitment, the Company may issue up to 1,000 shares of 3% Senior Cumulative Preferred Stock, Series A, $0.01 par value per share (the “Series A Preferred Stock”), or 3% Senior Cumulative Preferred Stock, Series C, $0.01 par value per share (the “Series C Preferred Stock”), in either case representing up to an aggregate issuance amount of $100,000. The Operating Partnership may issue 7.5% Series B Convertible Preferred Units (the “Series B Preferred Units”) up to an aggregate issuance amount of $149.9 million. Subject to certain limitations, the Series B Preferred Units may be converted into common stock of the Company. The obligations of KKR to fund and the Company to draw funds under the KKR Equity Commitment are subject to various conditions, limitations and penalties as more fully outlined in our Annual Report on Form 10-K for the year ended December 31, 2012 and in the proxy statement related to our 2013 annual meeting of stockholders as filed with the SEC on April 9, 2013.
	The Series A Preferred Stock and the Series C Preferred Stock will rank senior to the Company’s common stock with respect to dividend rights and rights on liquidation. The holders of the Series A Preferred Stock and the Series C Preferred Stock will be entitled to receive dividends, as and if authorized by our board of directors out of funds legally available for that purpose, at an annual rate equal to 3% of the liquidation preference for each share. Dividends on the Series A Preferred Stock and the Series C Preferred Stock will be payable annually in arrears.
	The Series B Preferred Units will rank senior to the Operating Partnership’s common units with respect to distribution rights and rights on liquidation. The Series B Preferred Units will be entitled to receive cash distributions at an annual rate equal to 7.5% of the Series B liquidation preference to any distributions paid to common units of the Operating Partnership. If the Operating Partnership is unable to pay cash distributions, distributions will be paid in kind at an annual rate of 10% of the Series B liquidation preference. After payment of the preferred distributions, additional distributions will be paid first to the common units until they have received an aggregate return of 7.5% per unit in annual distributions commencing from February 10, 2013, and thereafter to the common units and Series B Preferred Units pro rata.
	As of September 30, 2013, no shares or units had been issued pursuant to the KKR Equity Commitment. On October 21, 2013, in connection with the first put exercise pursuant to the KKR Equity Commitment, we issued 1,000 shares of our Series C Preferred Stock and 142,000 Series B Preferred Units in our Operating Partnership to KKR (See Note 13).
	Distributions
	The following are the distributions declared during the nine months ended September 30, 2013 and 2012:
		Distributions Declared						Cash Flow from
	Period	Cash		Reinvested		Total		Operations
	First quarter 2012	$	801,000	$	—	$	801,000	$	1,277,000
	Second quarter 2012		799,000				799,000		214,000
	Third quarter 2012		807,000		—		807,000		2,930,000
	First quarter 2013		1,493,000		—		1,493,000		2,643,000
	Second quarter 2013		1,585,000		—		1,585,000		2,522,000
	Third quarter 2013		1,544,000		52,000		1,596,000		2,413,000
	Effective October 1, 2012, our board of directors declared distributions for daily record dates occurring in the first quarter of 2013 in amounts per share that, if declared and paid each day for a 365 -day period, would equate to an annualized rate of $.475 per share (4.75 % based on share price of $ 10.00). Effective July 1, 2013, our board of directors declared distributions for daily record dates occurring in the third quarter of 2013 in amounts per share that, if declared and paid each day for a 365-day period, would equate to an annualized rate of $.50 per share (5.00 % based on a share price of $ 10.00).
	The declaration of distributions is at the discretion of our board of directors and our board will determine the amount of distributions on a regular basis. The amount of distributions will depend on our funds from operations, financial condition, capital requirements, annual distribution requirements under the REIT provisions of the Internal Revenue Code and other factors our board of directors deems relevant.
	On June 19, 2013, we filed a registration statement on Form S-3 to register up to $ 99,000,000 of shares of common stock to be offered to our existing stockholders pursuant to an amended and restated distribution reinvestment plan (the “DRIP offering”). The DRIP offering shares will initially be offered at a purchase price of $10.02, which is 100% of the current estimated per-share value of our common stock. The distributions declared in the third quarter of 2013 to be reinvested in the Company’s common stock will result in approximately 5,205 shares of common stock issued in October 2013.
	Stock Repurchase Program
	In 2007, we adopted a stock repurchase program for investors who had held their shares for at least one year. Under our stock repurchase program, the repurchase price varies depending on the purchase price paid by the stockholder and the number of years the shares are held. Our board of directors may amend, suspend or terminate the program at any time with 30 days prior notice to stockholders. We have no obligation to repurchase our stockholders’ shares. In 2009, our board of directors waived the one-year holding period in the event of the death of a stockholder and adjusted the repurchase price to 100% of such stockholder’s purchase price if the stockholder held the shares for less than three years.
	On April 29, 2011, we informed our stockholders that our Independent Directors Committee had directed us to suspend our public offering, our dividend reinvestment program and our stock repurchase program (except for repurchases due to death). As a result our stock repurchase program has been suspended since May 29, 2011 for all repurchases, except repurchases due to death of a stockholder.
	During the nine months ended September 30, 2013, we repurchased shares pursuant to our stock repurchase program as follows:
	Period	Total Number		Average
		of Shares		Price Paid
		Redeemed		per Share
	First quarter 2013		60,432	$	9.98
	Second quarter 2013		30,153		10.02
	Third quarter 2013		101,880		10.02
			192,465

Related_Party_Transactions

Related Party Transactions	9 Months Ended
	Sep. 30, 2013
Related Party Transactions [Abstract]	'
Related Party Transactions	'
	10. Related Party Transactions
	The Company has no employees. Our Advisor is primarily responsible for managing our business affairs and carrying out the policies established by our board of directors. We are party to an advisory agreement that entitles the Advisor to specified fees upon the provision of certain services to us.
	Advisory Agreement and Transition to Internal Management Agreement
	Sentio Investments, LLC became our Advisor on January 1, 2012, pursuant to an advisory agreement dated December 22, 2011. As required by our charter, that advisory agreement had a one-year term that ended on December 31, 2012. Effective January 1, 2013, we renewed the advisory agreement on substantially similar terms for an additional one-year term ending on December 31, 2013.
	Under the terms of the current advisory agreement, the Advisor is 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 calls for the Advisor 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.
	On February 10, 2013 in connection with the execution of the KKR Equity Commitment (See Note 9), we entered into a Transition to Internal Management Agreement (the “Transition Agreement”) with our Advisor and KKR. The Transition Agreement provides, following the satisfaction of certain conditions, for certain amendments to the advisory agreement between us and the Advisor and sets forth the terms for our transition to an internal management structure.
	The terms of our advisory agreement with our Advisor and the terms of the Transition Agreement are more fully outlined in our Annual Report on Form 10-K for the year ended December 31, 2012 and in the proxy statement related to our 2013 annual meeting of stockholders as filed with the SEC on April 9, 2013.
	The fees and expense reimbursements payable to the Advisor under the advisory agreement for the three and nine months ended September 30, 2013 and September 30, 2012 were as follows:
		Three Months Ended				Nine Months Ended
		September 30,				September 30,
			2013		2012		2013		2012
	Asset management fees	$	732,000	$	559,000	$	2,125,000	$	1,543,000
	Consistent with limitations set forth in our charter, the advisory agreement further provides that, commencing four fiscal quarters after the acquisition of our first real estate asset, we shall not reimburse the Advisor at the end of any fiscal quarter management fees and expenses and operating expenses that, in the four consecutive fiscal quarters then ended exceed (the “Excess Amount”) the greater of 2% of our average invested assets or 25% of our net income for such year (the “2%/25% Guidelines”) unless the Independent Directors Committee of our board of directors determines that such excess was justified, based on unusual and nonrecurring factors which it deems sufficient. If the Independent Directors Committee does not approve such excess as being so justified, the advisory agreement requires that any Excess Amount paid to the Advisor during a fiscal quarter shall be repaid to the Company. In addition, our charter provides that, if the Independent Directors Committee does not determine that the Excess Amount is justified, the Advisor shall reimburse us the amount by which the aggregate annual expenses paid to the Advisor during the four consecutive fiscal quarters then ended exceed the 2%/25% Guidelines.
	For the four quarters ended September 30, 2013, our management fees and expenses and operating expenses totaled did not exceed the greater of 2% of our average invested assets and 25% of our net income.

Commitments_and_Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2013
Commitments and Contingencies [Abstract]	'
Commitments and Contingencies	'
	11. Commitments and Contingencies
	We monitor our properties for the presence of hazardous or toxic substances. We are not currently aware of any environmental liability with respect to the properties that we believe would have a material effect on our 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 condensed consolidated financial position, cash flows and results of operations. We are not presently subject to any material litigation nor, to our knowledge, is any material litigation threatened against the Company which if determined unfavorably to us would have a material adverse effect on our cash flows, financial condition or results of operations.

Immaterial_Corrections_to_Prio

Immaterial Corrections to Prior Period Financial Statements	9 Months Ended
	Sep. 30, 2013
Immaterial Corrections To Prior Period Financial Statements [Abstract]	'
Additional Financial Information Disclosure	'
	12. Immaterial Correction to Prior Period Financial Statements
	In the third quarter of 2013, we revised our disclosure related to the consolidated statement of cash flows for the nine months ended September 30, 2012 to reflect i) a decrease in cash provided by operating activities of $ 3.0 million and ii) a decrease in cash used in investing activities of $3.0 million. This adjustment was made after completing an analysis that determined the change in accounts payable and accrued liabilities improperly reflected payments which primarily relate to the buyout of the Company’s partners in Rome LTH in April 2012.
	The Company has determined that the cash flow statement for the year ended December 31, 2012, is correct as reported. After evaluating the quantitative and qualitative effects of this adjustment, we have concluded that the impact on the Company’s prior interim period financial statements was not material.

Subsequent_Events

Subsequent Events	9 Months Ended
	Sep. 30, 2013
Subsequent Events [Abstract]	'
Subsequent Events	'
	13. Subsequent Events
	On October 21, 2013, through wholly-owned subsidiaries, we acquired real estate property (“Woodbury Mews”) from Three WM Real Estate, LLC, Three WM Operating, LLC, Four WM Real Estate, LLC and Four WM Operating, none of which are affiliated with us, for a purchase price of $38.1 million plus closing costs. We funded the purchase of Woodbury Mews with proceeds from the sale of Series C Preferred Stock and Series B Preferred Units in our Operating Partnership to KKR, pursuant to the KKR Equity Commitment (See Note 9) and with proceeds from a mortgage loan from Key Bank National Association, Inc.
	On October 18, 2013, in connection with our acquisition of Woodbury Mews, Sentinel RE Investment Holdings, LP, an affiliate of KKR, completed the first put exercise under the KKR Equity Commitment, purchasing the following securities for an aggregate purchase price of $14.3 million:
		•	1,000 shares of newly issued Series C Preferred Stock and
		•	142,000 newly-issued Series B Preferred Units of the Operating Partnership, which are convertible into approximately 1,417,166 shares of the Company’s common stock at the currently effective conversion price.
	On October 21, 2013, also in connection with our acquisition of Woodbury Mews, we entered into a mortgage agreement with Key Bank National Association, Inc. (“Key”), an unaffiliated lender, with an outstanding principal balance of approximately $25.0 million (the “Woodbury Loan”), which is secured by Woodbury Mews. The Woodbury Loan has an initial term of twelve months with two 12-month extensions available assuming certain criteria are met, and bears interest at a rate of one month LIBOR plus 3.0%. Payments on the loans are due monthly and consist of accrued interest-only during the initial term. If the extension option is exercised, payments will consist of interest plus principal amortization payments based upon a 25-year amortization schedule.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2013
Summary Of Significant Accounting Policies [Abstract]	'
Principles of Consolidation and Basis of Presentation	'
	Principles of Consolidation and Basis of Presentation
	The accompanying condensed consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All significant intercompany balances and transactions have been eliminated in consolidation. In accordance with the guidance for the consolidation of variable interest entities (“VIEs”), we analyze our variable interests, including investments in partnerships and joint ventures, to determine if the entity in which we have a variable interest is a variable interest entity. Our analysis includes both quantitative and qualitative reviews, based on our review of the design of the entity, its organizational structure including decision-making ability, risk and reward sharing experience and financial condition of other partner(s), voting rights, involvement in day-to-day capital and operating decisions and financial agreements. We also use quantitative and qualitative analyses to determine if we must consolidate a variable interest entity as the primary beneficiary.
Interim Financial Information	'
	Interim Financial Information
	The accompanying interim condensed consolidated financial statements have been prepared by our management in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and in conjunction with the rules and regulations of the SEC. Certain information and note disclosures required for annual financial statements have been condensed or excluded pursuant to SEC rules and regulations. Accordingly, the interim condensed consolidated financial statements do not include all of the information and notes required by GAAP for complete financial statements. The accompanying financial information reflects all adjustments which are, in the opinion of our 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. Operating results for the three and nine months ended September 30, 2013 are not necessarily indicative of the results that may be expected for the year ending December 31, 2013. Our accompanying interim condensed consolidated financial statements should be read in conjunction with our audited condensed consolidated financial statements and the notes thereto included on our 2012 Annual Report on Form 10-K, as filed with the SEC.

Investments_in_Real_Estate_Tab

Investments in Real Estate (Tables)	9 Months Ended
	Sep. 30, 2013
Investments In Real Estate [Abstract]	'
Schedule Of Cost and Accumulated Depreciation and Amortization Related To Real Estate Assets and Related Lease Intangibles	'
	As of September 30, 2013, accumulated depreciation and amortization related to real estate assets and related lease intangibles were as follows:
		Land		Buildings and		Furniture,		Intangible lease
				improvements		fixtures and		assets
						equipment
	Cost	$	23,193,000	$	167,224,000	$	5,270,000	$	14,757,000
	Accumulated depreciation and amortization		—		-12,785,000		-2,484,000		-11,423,000
	Net	$	23,193,000	$	154,439,000	$	2,786,000	$	3,334,000
	As of December 31, 2012, accumulated depreciation and amortization related to real estate assets and related lease intangibles were as follows:
		Land		Buildings and		Furniture,		Intangible lease
				improvements		fixtures and		assets
						equipment
	Cost	$	23,193,000	$	166,996,000	$	5,118,000	$	14,757,000
	Accumulated depreciation and amortization		—		-9,151,000		-1,803,000		-9,374,000
	Net	$	23,193,000	$	157,845,000	$	3,315,000	$	5,383,000
Schedule of Finite Lived Intangible Assets Future Amortization Expense	'
	Estimated amortization for October 1, 2013 through December 31, 2013 and each of the subsequent years is as follows:
		Intangible
		assets
	October 1, 2013 — December 31, 2013	$	82,000
	2014		330,000
	2015		330,000
	2016		329,000
	2017		328,000
	2018		328,000
	2019 and thereafter		1,607,000

Investments_in_Unconsolidated_1

Investments in Unconsolidated Entities (Tables)	9 Months Ended
	Sep. 30, 2013
Investments In Unconsolidated Entities [Abstract]	'
Schedule of Equity Method Accounting	'
	As of September 30, 2013, the Company owns an interest in the following entity that is accounted for under the equity method of accounting:
	Entity(1)		Property Type		Acquired		Investment(2)			Ownership%
	Physicians Center MOB		Medical Office Building		Apr-12			1,458,000			71.9
	-1	This entity is not consolidated because the Company exercises significant influence, but does not control or direct the activities that most significantly impact the entity’s performance.
	-2	Represents the carrying value of the Company’s investment in the unconsolidated entity.
Schedule of Combined Financial Information For Unconsolidated Entities	'
	Summarized combined financial information for the Company’s unconsolidated entities is as follows:
			September 30,			December 31,
			2013(2)			2012(1)(2)
	Cash and cash equivalents		$	370,000		$	423,000
	Investments in real estate, net			8,949,000			16,312,000
	Other assets			173,000			549,000
	Total assets		$	9,492,000		$	17,284,000
	Notes payable			7,240,000			12,504,000
	Accounts payable and accrued liabilities			252,000			219,000
	Other liabilities			26,000			99,000
	Total stockholders’ equity			1,974,000			4,462,000
	Total liabilities and equity		$	9,492,000		$	17,284,000
			Three Months Ended						Nine Months Ended
			September 30,						September 30,
				2013(1)(2)			2012(1)(2)			2013(1)(2)			2012(1)(2)(3)
	Total revenues		$	505,000		$	689,000		$	1,898,000		$	1,754,000
	Net loss			-81,000			-15,000			-22,000			-486,000
	Company’s equity in loss (income) from unconsolidated			56,000			-14,000			-24,000			363,000
	entities
	-1	Littleton Specialty Rehabilitation Facility was completed in April 2012 and the single tenant began paying rent in July 2012, in accordance with the lease. Tenant operations commenced upon licensure of the facility in July 2012 and Littleton Specialty Rehabilitation Facility was accounted for under the equity method of accounting. On December 17, 2012, our joint venture partner noticed the Company of their intent to exercise their promote monetization right. The Company elected to satisfy the monetization provision through a sale of the property. The property was sold on August 8, 2013 for $11.3 million, which resulted in the Company receiving cash proceeds, net of debt repayment, of approximately $3.5 million. The Company recorded a gain of $1.7 million in the quarter ended September 30, 2013. The Company’s equity in income from the Littleton Specialty Rehabilitation Facility is included in the statement of operations through the date of the sale.
	-2	The Physicians Centre MOB joint venture was acquired in April 2012 and was accounted for under the equity method of accounting beginning with the second quarter of 2012.
	-3	The Company acquired the controlling interest in the operations of Rome LTACH in April 2012 and as a result, Rome LTACH was consolidated in the second quarter of 2012. Accordingly, Rome LTACH was accounted for under the equity method of accounting during the three months ended March 31, 2012.

Segment_Reporting_Tables

Segment Reporting (Tables)	9 Months Ended
	Sep. 30, 2013
Segment Reporting [Abstract]	'
Reconciliation of segment activity to consolidated net income	'
	The following tables reconcile the segment activity to consolidated net income for the three months ended September 30, 2013 and 2012:
		Three Months Ended September 30, 2013								Three Months Ended September 30, 2012
		Senior living		Triple-net		Medical		Consolidated		Senior living		Triple-net		Medical		Consolidated
		operations		leased		office				operations		leased		office
				properties		building						properties		building
	Rental revenue	$	6,976,000	$	1,309,000	$	214,000	$	8,499,000	$	6,910,000	$	1,298,000	$	214,000	$	8,422,000
	Resident services and fee income		6,195,000		—		—		6,195,000		3,655,000		—		—		3,655,000
	Tenant reimbursements and other		103,000		226,000		74,000		403,000		15,000		222,000		75,000		312,000
	income
		$	13,274,000	$	1,535,000	$	288,000	$	15,097,000	$	10,580,000	$	1,520,000	$	289,000	$	12,389,000
	Property operating and maintenance		8,875,000		227,000		79,000		9,181,000		7,159,000		220,000		94,000		7,473,000
	Net operating income	$	4,399,000	$	1,308,000	$	209,000	$	5,916,000	$	3,421,000	$	1,300,000	$	195,000	$	4,916,000
	General and administrative								523,000								423,000
	expenses
	Asset management fees and								732,000								559,000
	expenses
	Real estate acquisition costs and								—								1,016,000
	contingent consideration
	Depreciation and amortization								1,528,000								1,689,000
	Interest expense, net								2,031,000								1,788,000
	Equity in loss (income) from								56,000								-14,000
	unconsolidated entities
	Gain on disposition of investment in								-1,701,000								—
	unconsolidated entity
	Net income (loss)							$	2,747,000							$	-545,000
		Nine Months Ended September 30, 2013								Nine Months Ended September 30, 2012
		Senior living		Triple-net		Medical		Consolidated		Senior living		Triple-net		Medical		Consolidated
		operations		leased		office				operations		leased		office
				properties		building						properties		building
	Rental revenue	$	20,805,000	$	3,928,000	$	640,000	$	25,373,000	$	20,453,000	$	3,436,000	$	636,000	$	24,525,000
	Resident services and fee income		18,115,000		—		—		18,115,000		8,243,000		—		—		8,243,000
	Tenant reimbursements and other		328,000		663,000		221,000		1,212,000		294,000		593,000		234,000		1,121,000
	income
		$	39,248,000	$	4,591,000	$	861,000	$	44,700,000	$	28,990,000	$	4,029,000	$	870,000	$	33,889,000
	Property operating and maintenance		25,987,000		682,000		230,000		26,899,000		20,084,000		594,000		243,000		20,921,000
	Net operating income	$	13,261,000	$	3,909,000	$	631,000	$	17,801,000	$	8,906,000	$	3,435,000	$	627,000	$	12,968,000
	General and administrative								1,186,000								1,632,000
	expenses
	Asset management fees and								2,125,000								1,543,000
	expenses
	Real estate acquisition costs and								—								1,229,000
	contingent consideration
	Depreciation and amortization								6,317,000								4,653,000
	Interest expense, net								6,121,000								4,808,000
	Loss on debt extinguishment and								—								151,000
	other expense
	Equity in (income) loss from								-24,000								363,000
	unconsolidated entities
	Gain in remeasurement of								—								-1,282,000
	investment in unconsolidated
	entity
	Gain on disposition of investment in								-1,701,000								—
	unconsolidated entity
	Net income (loss)							$	3,777,000							$	-129,000
Reconciliation of segment activity to consolidated financial position	'
	The following table reconciles the segment activity to consolidated financial position as of September 30, 2013 and December 31, 2012.
		September 30, 2013		December 31, 2012
	Assets
	Investment in real estate:
	Senior living operations	$	133,296,000	$	137,784,000
	Triple-net leased properties		42,523,000		43,781,000
	Medical office building		7,933,000		8,171,000
	Total reportable segments	$	183,752,000	$	189,736,000
	Reconciliation to consolidated assets:
	Cash and cash equivalents		18,265,000		21,507,000
	Deferred financing costs, net		1,496,000		1,697,000
	Investment in unconsolidated entities		1,458,000		3,529,000
	Tenant and other receivables, net		2,912,000		1,988,000
	Deferred costs and other assets		8,249,000		2,987,000
	Restricted cash		3,869,000		3,821,000
	Goodwill		5,965,000		5,965,000
	Total assets	$	225,966,000	$	231,230,000

Notes_Payable_Tables

Notes Payable (Tables)	9 Months Ended
	Sep. 30, 2013
Notes Payable [Abstract]	'
Principal payments due on notes payable	'
	Principal payments due on our notes payable for October 1, 2013 to December 31, 2013 and each of the subsequent years is as follows:
	Year	Principal amount
	October 1, 2013 to December 31, 2013	$	604,000
	2014		8,596,000
	2015		25,420,000
	2016		9,030,000
	2017		2,098,000
	2018 and thereafter		97,447,000
		$	143,195,000
	Add: premium		410,000
		$	143,605,000

Stockholders_Equity_Tables

Stockholders' Equity (Tables)	9 Months Ended
	Sep. 30, 2013
Stockholders' Equity [Abstract]	'
Summary of distributions declared	'
	The following are the distributions declared during the nine months ended September 30, 2013 and 2012:
		Distributions Declared						Cash Flow from
	Period	Cash		Reinvested		Total		Operations
	First quarter 2012	$	801,000	$	—	$	801,000	$	1,277,000
	Second quarter 2012		799,000				799,000		214,000
	Third quarter 2012		807,000		—		807,000		2,930,000
	First quarter 2013		1,493,000		—		1,493,000		2,643,000
	Second quarter 2013		1,585,000		—		1,585,000		2,522,000
	Third quarter 2013		1,544,000		52,000		1,596,000		2,413,000
Summary of repurchased shares	'
	During the nine months ended September 30, 2013, we repurchased shares pursuant to our stock repurchase program as follows:
	Period	Total Number		Average
		of Shares		Price Paid
		Redeemed		per Share
	First quarter 2013		60,432	$	9.98
	Second quarter 2013		30,153		10.02
	Third quarter 2013		101,880		10.02
			192,465

Related_Party_Transactions_Tab

Related Party Transactions (Tables)	9 Months Ended
	Sep. 30, 2013
Related Party Transactions [Abstract]	'
Schedule of Related Party Transactions	'
	The fees and expense reimbursements payable to the Advisor under the advisory agreement for the three and nine months ended September 30, 2013 and September 30, 2012 were as follows:
		Three Months Ended				Nine Months Ended
		September 30,				September 30,
			2013		2012		2013		2012
	Asset management fees	$	732,000	$	559,000	$	2,125,000	$	1,543,000

Organization_Details_Textual

Organization (Details Textual)	9 Months Ended
	Sep. 30, 2013
Sentio Investments, LLC [Member]	'
Organization [Line Items]	'
Formation date	'December 20, 2011
Sentio Healthcare Properties OP, LP [Member]	'
Organization [Line Items]	'
Formation date	'October 17, 2006
Operating Partnership and the HC Operating Partnership, LP [Member]	'
Organization [Line Items]	'
Percentage of interest owned	100.00%

Investments_in_Real_Estate_Det

Investments in Real Estate (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Cost and accumulated depreciation and amortization related to real estate assets and related lease intangibles	'	'
Net	$183,752,000	$189,736,000
Land [Member]	'	'
Cost and accumulated depreciation and amortization related to real estate assets and related lease intangibles	'	'
Cost	23,193,000	23,193,000
Accumulated depreciation and amortization	0	0
Net	23,193,000	23,193,000
Buildings and improvements [Member]	'	'
Cost and accumulated depreciation and amortization related to real estate assets and related lease intangibles	'	'
Cost	167,224,000	166,996,000
Accumulated depreciation and amortization	-12,785,000	-9,151,000
Net	154,439,000	157,845,000
Furniture, fixtures and equipment [Member]	'	'
Cost and accumulated depreciation and amortization related to real estate assets and related lease intangibles	'	'
Cost	5,270,000	5,118,000
Accumulated depreciation and amortization	-2,484,000	-1,803,000
Net	2,786,000	3,315,000
Intangible lease assets [Member]	'	'
Cost and accumulated depreciation and amortization related to real estate assets and related lease intangibles	'	'
Cost	14,757,000	14,757,000
Accumulated depreciation and amortization	-11,423,000	-9,374,000
Net	$3,334,000	$5,383,000

Investments_in_Real_Estate_Det1

Investments in Real Estate (Details 1) (USD $)	Sep. 30, 2013
Estimated amortization	'
October 1, 2013 B December 31, 2013	$82,000
2014	330,000
2015	330,000
2016	329,000
2017	328,000
2018	328,000
2019 and thereafter	$1,607,000

Investments_in_Real_Estate_Det2

Investments in Real Estate (Details Textual) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Property, Plant and Equipment [Line Items]	'	'	'	'
Real Estate Accumulated Depreciation, Depreciation Expense	$1.40	$1.20	$4.30	$3.20
Finite-Lived Intangible Assets, Remaining Amortization Period	'	'	'11 years	'
Amortization of Intangible Assets	$0.10	$0.50	$2	$1.50
Minimum [Member]	'	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'	'
Finite-Lived Intangible Asset, Useful Life	'	'	'3 years	'
Maximum [Member]	'	'	'	'
Property, Plant and Equipment [Line Items]	'	'	'	'
Finite-Lived Intangible Asset, Useful Life	'	'	'16 years	'

Investments_in_Unconsolidated_2

Investments in Unconsolidated Entities (Details) (Physicians Center Mob [Member], Medical Office Building [Member], USD $)	9 Months Ended
	Sep. 30, 2013
Physicians Center Mob [Member] | Medical Office Building [Member]	'
Investment	$1,458,000	[1],[2]
Ownership	71.90%	[2]
Acquired	30-Apr-12
[1]	Represents the carrying value of the Companybs investment in the unconsolidated entity.
[2]	This entity is not consolidated because the Company exercises significant influence, but does not control or direct the activities that most significantly impact the entitybs performance.

Investments_in_Unconsolidated_3

Investments in Unconsolidated Entities (Details 1) (USD $)	Sep. 30, 2013		Dec. 31, 2012
Equity Method Investment, Summarized Financial Information, Assets	$9,492,000	[1]	$17,284,000	[1],[2]
Equity Method Investment Summarized Financial Information, Equity	1,974,000	[1]	4,462,000	[1],[2]
Equity Method Investment, Summarized Financial Information, Liabilities and Equity	9,492,000	[1]	17,284,000	[1],[2]
Cash and Cash Equivalents [Member]	'		'
Equity Method Investment, Summarized Financial Information, Assets	370,000	[1]	423,000	[1],[2]
Other Assets [Member]	'		'
Equity Method Investment, Summarized Financial Information, Assets	173,000	[1]	549,000	[1],[2]
Other Liabilities [Member]	'		'
Equity Method Investment Summarized Financial Information, Equity	26,000	[1]	99,000	[1],[2]
Investments In Real Estate Net [Member]	'		'
Equity Method Investment, Summarized Financial Information, Assets	8,949,000	[1]	16,312,000	[1],[2]
Notes Payable [Member]	'		'
Equity Method Investment Summarized Financial Information, Equity	7,240,000	[1]	12,504,000	[1],[2]
Accounts Payable and Accrued Liabilities [Member]	'		'
Equity Method Investment Summarized Financial Information, Equity	$252,000	[1]	$219,000	[1],[2]
[1]	The Physicians Centre MOB joint venture was acquired in April 2012 and was accounted for under the equity method of accounting beginning with the second quarter of 2012.
[2]	Littleton Specialty Rehabilitation Facility was completed in April 2012 and the single tenant began paying rent in July 2012, in accordance with the lease. Tenant operations commenced upon licensure of the facility in July 2012 and Littleton Specialty Rehabilitation Facility was accounted for under the equity method of accounting. On December 17, 2012, our joint venture partner noticed the Company of their intent to exercise their promote monetization right. The Company elected to satisfy the monetization provision through a sale of the property. The property was sold on August 8, 2013 for $11.3 million, which resulted in the Company receiving cash proceeds, net of debt repayment, of approximately $3.5 million. The Company recorded a gain of $1.7 million in the quarter ended September 30, 2013. The Companybs equity in income from the Littleton Specialty Rehabilitation Facility is included in the statement of operations through the date of the sale.

Investments_in_Unconsolidated_4

Investments in Unconsolidated Entities (Details 2) (USD $)	3 Months Ended				9 Months Ended
	Sep. 30, 2013		Sep. 30, 2012		Sep. 30, 2013		Sep. 30, 2012
Total revenues	$505,000	[1],[2]	$689,000	[1],[2]	$1,898,000	[1],[2]	$1,754,000	[1],[2],[3]
Net income (Loss)	-81,000	[1],[2]	-15,000	[1],[2]	-22,000	[1],[2]	-486,000	[1],[2],[3]
Equity in loss (income) from unconsolidated entities	$56,000	[1],[2]	($14,000)	[1],[2]	($24,000)	[1],[2]	$363,000	[1],[2],[3]
[1]	The Physicians Centre MOB joint venture was acquired in April 2012 and was accounted for under the equity method of accounting beginning with the second quarter of 2012.
[2]	Littleton Specialty Rehabilitation Facility was completed in April 2012 and the single tenant began paying rent in July 2012, in accordance with the lease. Tenant operations commenced upon licensure of the facility in July 2012 and Littleton Specialty Rehabilitation Facility was accounted for under the equity method of accounting. On December 17, 2012, our joint venture partner noticed the Company of their intent to exercise their promote monetization right. The Company elected to satisfy the monetization provision through a sale of the property. The property was sold on August 8, 2013 for $11.3 million, which resulted in the Company receiving cash proceeds, net of debt repayment, of approximately $3.5 million. The Company recorded a gain of $1.7 million in the quarter ended September 30, 2013. The Companybs equity in income from the Littleton Specialty Rehabilitation Facility is included in the statement of operations through the date of the sale.
[3]	The Company acquired the controlling interest in the operations of Rome LTACH in April 2012 and as a result, Rome LTACH was consolidated in the second quarter of 2012. Accordingly, Rome LTACH was accounted for under the equity method of accounting during the three months ended March 31, 2012.

Investments_in_Unconsolidated_5

Investments in Unconsolidated Entities (Details Textual) (USD $)	0 Months Ended	3 Months Ended
In Millions, unless otherwise specified	Aug. 08, 2013	Sep. 30, 2013
Proceeds from Sale of Property, Plant, and Equipment, Total	$11.30	'
Repayments of Debt	3.5	'
Gain (Loss) on Disposition of Property Plant Equipment, Total	'	$1.70

Income_Taxes_Details_Textual

Income Taxes (Details Textual) (USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Deferred State and Local Income Tax Expense (Benefit)	$0.10	$0.10	$0.10	$0.10	'
Deferred Tax Assets, Net	$1.90	'	$1.90	'	$1.30

Segment_Reporting_Details

Segment Reporting (Details) (USD $)	3 Months Ended				9 Months Ended
	Sep. 30, 2013		Sep. 30, 2012		Sep. 30, 2013		Sep. 30, 2012
Reconciliation of segment activity to consolidated net income	'		'		'		'
Rental revenue	$8,499,000		$8,422,000		$25,373,000		$24,525,000
Resident services and fee income	6,195,000		3,655,000		18,115,000		8,243,000
Tenant reimbursements and other income	403,000		312,000		1,212,000		1,121,000
Total revenues	15,097,000		12,389,000		44,700,000		33,889,000
Property operating and maintenance	9,181,000		7,473,000		26,899,000		20,921,000
Net operating income	5,916,000		4,916,000		17,801,000		12,968,000
General and administrative expenses	523,000		423,000		1,186,000		1,632,000
Asset management fees and expenses	732,000		559,000		2,125,000		1,543,000
Real estate acquisition costs and contingent consideration	0		1,016,000		0		1,229,000
Depreciation and amortization	1,528,000		1,689,000		6,317,000		4,653,000
Interest expense, net	2,031,000		1,788,000		6,121,000		4,808,000
Loss on debt extinguishment and other expense	'		'		0		151,000
Equity in (income) loss from unconsolidated entities	56,000	[1],[2]	-14,000	[1],[2]	-24,000	[1],[2]	363,000	[1],[2],[3]
Gainin remeasurement of investmentin unconsolidated entity	'		'		0		-1,282,000
Gain on disposition of investment in unconsolidated entity	-1,701,000		0		-1,701,000		0
Net income (loss)	2,747,000		-545,000		3,777,000		-129,000
Medical office building [Member]	'		'		'		'
Reconciliation of segment activity to consolidated net income	'		'		'		'
Rental revenue	214,000		214,000		640,000		636,000
Resident services and fee income	0		0		0		0
Tenant reimbursements and other income	74,000		75,000		221,000		234,000
Total revenues	288,000		289,000		861,000		870,000
Property operating and maintenance	79,000		94,000		230,000		243,000
Net operating income	209,000		195,000		631,000		627,000
Senior living operations [Member]	'		'		'		'
Reconciliation of segment activity to consolidated net income	'		'		'		'
Rental revenue	6,976,000		6,910,000		20,805,000		20,453,000
Resident services and fee income	6,195,000		3,655,000		18,115,000		8,243,000
Tenant reimbursements and other income	103,000		15,000		328,000		294,000
Total revenues	13,274,000		10,580,000		39,248,000		28,990,000
Property operating and maintenance	8,875,000		7,159,000		25,987,000		20,084,000
Net operating income	4,399,000		3,421,000		13,261,000		8,906,000
Triple-net leased properties [Member]	'		'		'		'
Reconciliation of segment activity to consolidated net income	'		'		'		'
Rental revenue	1,309,000		1,298,000		3,928,000		3,436,000
Resident services and fee income	0		0		0		0
Tenant reimbursements and other income	226,000		222,000		663,000		593,000
Total revenues	1,535,000		1,520,000		4,591,000		4,029,000
Property operating and maintenance	227,000		220,000		682,000		594,000
Net operating income	$1,308,000		$1,300,000		$3,909,000		$3,435,000
[1]	The Physicians Centre MOB joint venture was acquired in April 2012 and was accounted for under the equity method of accounting beginning with the second quarter of 2012.
[2]	Littleton Specialty Rehabilitation Facility was completed in April 2012 and the single tenant began paying rent in July 2012, in accordance with the lease. Tenant operations commenced upon licensure of the facility in July 2012 and Littleton Specialty Rehabilitation Facility was accounted for under the equity method of accounting. On December 17, 2012, our joint venture partner noticed the Company of their intent to exercise their promote monetization right. The Company elected to satisfy the monetization provision through a sale of the property. The property was sold on August 8, 2013 for $11.3 million, which resulted in the Company receiving cash proceeds, net of debt repayment, of approximately $3.5 million. The Company recorded a gain of $1.7 million in the quarter ended September 30, 2013. The Companybs equity in income from the Littleton Specialty Rehabilitation Facility is included in the statement of operations through the date of the sale.
[3]	The Company acquired the controlling interest in the operations of Rome LTACH in April 2012 and as a result, Rome LTACH was consolidated in the second quarter of 2012. Accordingly, Rome LTACH was accounted for under the equity method of accounting during the three months ended March 31, 2012.

Segment_Reporting_Details_1

Segment Reporting (Details 1) (USD $)	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2012	Dec. 31, 2011
Investments in real estate:	'	'	'	'
Total reportable segments	$183,752,000	$189,736,000	'	'
Reconciliation to consolidated assets:	'	'	'	'
Cash and cash equivalents	18,265,000	21,507,000	21,741,000	27,972,000
Deferred financing costs, net	1,496,000	1,697,000	'	'
Investment in unconsolidated entities	1,458,000	3,529,000	'	'
Tenant and other receivable, net	2,912,000	1,988,000	'	'
Deferred costs and other assets	8,249,000	2,987,000	'	'
Restricted cash	3,869,000	3,821,000	'	'
Goodwill	5,965,000	5,965,000	'	'
Total assets	225,966,000	231,230,000	'	'
Medical office building [Member]	'	'	'	'
Investments in real estate:	'	'	'	'
Total reportable segments	7,933,000	8,171,000	'	'
Senior living operations [Member]	'	'	'	'
Investments in real estate:	'	'	'	'
Total reportable segments	133,296,000	137,784,000	'	'
Reconciliation to consolidated assets:	'	'	'	'
Goodwill	6,000,000	6,000,000	'	'
Triple-net leased properties [Member]	'	'	'	'
Investments in real estate:	'	'	'	'
Total reportable segments	$42,523,000	$43,781,000	'	'

Segment_Reporting_Details_Text

Segment Reporting (Details Textual) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Segment Reporting (Textual) [Abstract]	'	'
Goodwill	$5,965,000	$5,965,000
Senior living operations [Member]	'	'
Segment Reporting (Textual) [Abstract]	'	'
Goodwill	$6,000,000	$6,000,000

Fair_Value_Measurements_Detail

Fair Value Measurements (Details Textual) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Millions, unless otherwise specified
Notes Payable, Fair Value Disclosure	$143.70	$146.20
Notes payable, net	143.2	145
Carrying Value Of Notes Payable	$143.60	$145.40

Notes_Payable_Details

Notes Payable (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Principal payments due on notes payable	'	'
Principal amount	$143,195,000	'
Add: premium	410,000	'
Notes payable	143,605,000	145,364,000
October 1, 2013 to December 31, 2013 [Member]	'	'
Principal payments due on notes payable	'	'
Principal amount	604,000	'
2014 [Member]	'	'
Principal payments due on notes payable	'	'
Principal amount	8,596,000	'
2015 [Member]	'	'
Principal payments due on notes payable	'	'
Principal amount	25,420,000	'
2016 [Member]	'	'
Principal payments due on notes payable	'	'
Principal amount	9,030,000	'
2017 [Member]	'	'
Principal payments due on notes payable	'	'
Principal amount	2,098,000	'
2018 and Thereafter [Member]	'	'
Principal payments due on notes payable	'	'
Principal amount	$97,447,000	'

Notes_Payable_Details_Textual

Notes Payable (Details Textual) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Notes Payable (Additional Textual) [Abstract]	'	'	'	'	'
Notes payable	$143,605,000	'	$143,605,000	'	$145,364,000
Notes Payable, net of premium	143,200,000	'	143,200,000	'	145,000,000
Fixed rate debt	112,400,000	'	112,400,000	'	113,800,000
Fixed rate debt, notes payable	79.00%	'	79.00%	'	79.00%
Variable rate debt	30,800,000	'	30,800,000	'	31,100,000
Variable rate debt, notes payable	21.00%	'	21.00%	'	21.00%
Deferred Costs	1,500,000	'	1,500,000	'	1,700,000
Deferred financing costs	$2,000,000	$1,800,000	$6,100,000	$4,800,000	'
Fixed and variable rate secured mortgage loans with average effective interest rate	5.45%	'	5.45%	'	5.45%
Fixed rate debt, weighted average interest rate	5.35%	'	5.35%	'	5.35%
Variable rate debt, weighted average interest rate	5.83%	'	5.83%	'	5.83%
Maximum [Member]	'	'	'	'	'
Notes Payable (Additional Textual) [Abstract]	'	'	'	'	'
Fixed and variable rate secured mortgage loans with average effective interest rate	6.50%	'	6.50%	'	6.50%
Minimum [Member]	'	'	'	'	'
Notes Payable (Additional Textual) [Abstract]	'	'	'	'	'
Fixed and variable rate secured mortgage loans with average effective interest rate	2.80%	'	2.80%	'	2.80%

Stockholders_Equity_Details

Stockholders' Equity (Details) (USD $)	3 Months Ended						9 Months Ended
	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Sep. 30, 2012	Jun. 30, 2012	Mar. 31, 2012	Sep. 30, 2013	Sep. 30, 2012
Summary of distributions declared	'	'	'	'	'	'	'	'
Distributions Declared	$1,544,000	$1,585,000	$1,493,000	$807,000	$799,000	$801,000	$1,544,000	$807,000
Distributions Declared, Reinvested	52,000	0	0	0	'	0	'	'
Distributions Declared, Total	1,596,000	1,585,000	1,493,000	807,000	799,000	801,000	'	'
Cash Flow From Operations	$2,413,000	$2,522,000	$2,643,000	$2,930,000	$214,000	$1,277,000	'	'

Stockholders_Equity_Details_1

Stockholders' Equity (Details 1) (USD $)	9 Months Ended	3 Months Ended
	Sep. 30, 2013	Mar. 31, 2013	Jun. 30, 2013	Sep. 30, 2013
		First Quarter [Member]	Second Quarter [Member]	Third Qarter [Member]
Summary of repurchased shares	'	'	'	'
Total Number of Shares Redeemed	192,465	60,432	30,153	101,880
Average Price Paid per Share	'	$9.98	$10.02	$10.02

Stockholders_Equity_Details_Te

Stockholders' Equity (Details Textual) (USD $)

1 Months Ended

3 Months Ended

9 Months Ended

1 Months Ended

1 Months Ended

3 Months Ended

Feb. 10, 2013

Mar. 31, 2013

Sep. 30, 2013

Jun. 30, 2013

Jun. 19, 2013

Dec. 31, 2012

Jun. 19, 2013

Feb. 10, 2013

Feb. 10, 2013

Oct. 21, 2013

Feb. 10, 2013

Oct. 21, 2013

Sep. 30, 2013

Dividend Reinvestment Plan [Member]

Series A Preferred Stock [Member]

Series B Preferred Stock [Member]

Series B Preferred Stock [Member]

Series C Preferred Stock [Member]

Series C Preferred Stock [Member]

Distribution reinvestment plan [Member]

Subsequent Event [Member]

Subsequent Event [Member]

Stockholders' Equity (Textual) [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

Common stock, shares authorized

'

'

580,000,000

'

'

580,000,000

'

'

'

'

'

'

'

Common stock, par value

'

'

$0.01

'

'

$0.01

'

'

'

'

'

'

'

Preferred stock, shares authorized

'

'

20,000,000

'

'

'

'

'

'

'

'

'

'

Preferred stock, par value

'

'

$0.01

'

'

'

'

'

'

'

$0.01

'

'

Proceeds from issuance of common stock

'

'

$132,300,000

'

'

'

'

'

'

'

'

'

'

Annualized rate

'

$0.48

$0.50

$0.50

'

'

'

'

'

'

'

'

'

Percentage of annualized rate

'

4.75%

5.00%

5.00%

'

'

'

'

'

'

'

'

'

Annualized rate per share

'

$10

$10

$10

'

'

'

'

'

'

'

'

'

Period Of Distribution

'

'365

'

'

'

'

'

'

'

'

'

'

'

Common Stock Reinvested

'

'

13,300,000

'

'

'

'

'

'

'

'

'

'

Equity Commitment Value

150,000,000

'

'

'

'

'

'

'

'

'

'

'

'

Proceeds from Issuance of Private Placement

100,000

'

'

'

'

'

'

'

149,900,000

'

'

'

'

Percentage Of Senior Cumulative Preferred Stock

'

'

'

'

'

'

'

3.00%

'

'

'

'

'

Senior Cumulative Preferred Stock Percentage

'

'

'

'

'

'

'

'

'

'

3.00%

'

'

Preferred Stock, Dividend Rate, Percentage

10.00%

'

'

'

'

'

'

'

'

'

'

'

'

Annual Rate Of Liquidation Preference

'

'

10.00%

'

'

'

'

'

'

'

'

'

'

Aggregate Return Of Common Stock

'

'

7.50%

'

'

'

'

'

'

'

'

'

'

Stock value Registered Under Dividend Reinvestment Plan

'

'

'

'

$99,000,000

'

'

'

'

'

'

'

'

Sale of Stock, Price Per Share

'

'

'

'

'

'

$10.02

'

'

'

'

'

'

Sale Of Stock Price Per Share Percentage Of Estimated Per Share Value

'

'

'

'

'

'

100.00%

'

'

'

'

'

'

Equity Commitment Preferred Stock Shares Issued Or Issuable

1,000

'

'

'

'

'

'

'

'

'

'

'

'

Stock Issued During Period, Shares, New Issues

'

'

'

'

'

'

'

'

'

142,000

'

1,000

5,205

Related_Party_Transactions_Det

Related Party Transactions (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Related Party Transactions [Abstract]	'	'	'	'
Asset management fees	$732,000	$559,000	$2,125,000	$1,543,000

Related_Party_Transactions_Det1

Related Party Transactions (Details Textual)	9 Months Ended
	Sep. 30, 2013
Related Party Transactions (Additional Textual) [Abstract]	'
Management Fee, Description	'management fees and expenses and operating expenses totaled did not exceed the greater of 2% of our average invested assets and 25% of our net income.
Percentage of average invested assets	2.00%
Percentage of net income	25.00%
Percentage Of Management Fee Exceeded Then Invested Assets	2.00%

Immaterial_Corrections_to_Prio1

Immaterial Corrections to Prior Period Financial Statements (Details Textual) (USD $)	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
Cash Flow From Operations	$7,578,000	$4,421,000
Cash used in investing activities	2,444,000	-20,834,000
Restatement Adjustment [Member]	'	'
Cash Flow From Operations	3,000,000	'
Cash used in investing activities	$3,000,000	'

Subsequent_Events_Details_Text

Subsequent Events (Details Textual) (USD $)	Sep. 30, 2013	Dec. 31, 2012	Oct. 18, 2013	Oct. 21, 2013	Oct. 21, 2013	Oct. 21, 2013	Oct. 18, 2013	Oct. 21, 2013
In Millions, except Share data, unless otherwise specified			Subsequent Event [Member]	Subsequent Event [Member]	Subsequent Event [Member]	Subsequent Event [Member]	Subsequent Event [Member]	Subsequent Event [Member]
					Woodbury Loan [Member]	Series B Preferred Stock [Member]	Series B Preferred Stock [Member]	Series C Preferred Stock [Member]
Subsequent Event [Line Items]	'	'	'	'	'	'	'	'
Investment Securities Purchase Price	'	'	$14.30	'	'	'	'	'
Stock Issued During Period, Shares, New Issues	'	'	'	'	'	142,000	'	1,000
Convertible Preferred Stock, Shares Issued upon Conversion	'	'	'	'	'	'	1,417,166	'
Notes Payable, Net	143.2	145	'	'	25	'	'	'
Debt Instrument, Description of Variable Rate Basis	'	'	'	'	'The Woodbury Loan has an initial term of twelve months with two 12-month extensions available assuming certain criteria are met, and bears interest at a rate of one month LIBOR plus 3.0%.	'	'	'
Debt Instrument, Payment Terms	'	'	'	'	'If the extension option is exercised, payments will consist of interest plus principal amortization payments based upon a 25-year amortization schedule.	'	'	'
Payments to Acquire Real Estate, Total	'	'	'	$38.10	'	'	'	'