American Realty Capital Healthcare Trust Inactive 10-Q14 Nov 132013 Q3 Quarterly reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
Document and Entity Information	Sep. 30, 2013	Oct. 31, 2013
Document Information [Line Items]	'	'
Entity Registrant Name	'AMERICAN REALTY CAPITAL HEALTHCARE TRUST INC	'
Entity Central Index Key	'0001499875	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Non-accelerated Filer	'
Document Type	'10-Q	'
Document Period End Date	30-Sep-13	'
Document Fiscal Year Focus	'2013	'
Document Fiscal Period Focus	'Q3	'
Amendment Flag	'false	'
Entity Common Stock, Shares Outstanding	'	179,357,224

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Real estate investments, at cost:	'	'
Land	$112,766	$48,409
Buildings, fixtures and improvements	1,147,659	552,085
Construction in progress	4,819	0
Acquired intangible lease assets	158,804	77,095
Total real estate investments, at cost	1,424,048	677,589
Less: accumulated depreciation and amortization	-61,156	-21,262
Total real estate investments, net	1,362,892	656,327
Cash and cash equivalents	308,911	13,869
Restricted cash	1,244	127
Investment securities, at fair value	16,584	0
Receivable for sale of common stock	0	6,943
Prepaid expenses and other assets	19,445	5,826
Due from affiliate	4,670	190
Deferred costs, net	21,887	7,386
Total assets	1,735,633	690,668
LIABILITIES AND EQUITY	'	'
Mortgage notes payable	239,067	200,095
Mortgage premiums, net	3,002	2,903
Credit facility	0	26,000
Note payable	0	2,500
Below-market lease liabilities, net	5,742	1,692
Derivatives, at fair value	376	643
Accounts payable and accrued expenses	14,413	5,669
Deferred rent and other liabilities	2,310	917
Distributions payable	9,997	2,962
Total liabilities	274,907	243,381
Preferred stock, $0.01 par value per share, 50,000,000 shares authorized, none issued or outstanding at September 30, 2013 and December 31, 2012	0	0
Common stock, $0.01 par value per share, 300,000,000 authorized, 178,785,756 and 55,584,641 shares issued and outstanding at September 30, 2013 and December 31, 2012, respectively	1,788	556
Additional paid-in capital	1,576,011	476,157
Accumulated other comprehensive loss	-3,241	-643
Accumulated deficit	-117,649	-32,832
Total stockholders' equity	1,456,909	443,238
Non-controlling interests	3,817	4,049
Total equity	1,460,726	447,287
Total liabilities and equity	$1,735,633	$690,668

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Sep. 30, 2013	Dec. 31, 2012
Preferred stock, par value	$0.01	$0.01
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$0.01	$0.01
Common stock, shares authorized	300,000,000	300,000,000
Common stock, shares issued	178,785,756	55,584,641
Common stock, shares outstanding	178,785,756	55,584,641

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Revenues:	'	'	'	'
Rental income	$29,285	$8,722	$66,157	$18,449
Operating expense reimbursements	2,859	1,472	7,522	3,327
Resident services and fee income	2,003	0	3,083	0
Total revenues	34,147	10,194	76,762	21,776
Operating expenses:	'	'	'	'
Property operating and maintenance	13,940	1,586	26,576	3,495
Operating fees to affiliates	0	371	0	987
Acquisition and transaction related	3,107	1,787	7,858	5,281
General and administrative	1,429	235	2,928	690
Depreciation and amortization	17,140	5,629	41,548	12,172
Total operating expenses	35,616	9,608	78,910	22,625
Operating income (loss)	-1,469	586	-2,148	-849
Other income (expenses):	'	'	'	'
Interest expense	-4,350	-2,642	-10,754	-6,120
Income from investment securities	317	0	561	0
Other income	37	5	48	16
Total other expense	-3,996	-2,637	-10,145	-6,104
Net loss	-5,465	-2,051	-12,293	-6,953
Net loss (income) attributable to non-controlling interests	-10	-10	-46	12
Net loss attributable to stockholders	-5,475	-2,061	-12,339	-6,941
Other comprehensive income (loss):	'	'	'	'
Designated derivatives, fair value adjustment	-77	-145	266	-444
Unrealized loss on investment securities, net	-1,879	0	-2,864	0
Comprehensive loss attributable to stockholders	($7,431)	($2,206)	($14,937)	($7,385)
Basic and diluted weighted average shares outstanding	178,231,121	28,039,573	142,163,876	18,634,509
Basic and diluted net loss per share attributable to stockholders	($0.03)	($0.07)	($0.09)	($0.37)

CONSOLIDATED_STATEMENTS_OF_CHA

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (USD $)	Total	Common Stock	Additional Paid-In Capital	Other Comprehensive Income (Loss)	Accumulated Deficit	Total Stockholdersb Equity	Non-controlling Interests
In Thousands, except Share data, unless otherwise specified	Total	Common Stock	Additional Paid-In Capital	Other Comprehensive Income (Loss)	Accumulated Deficit	Total Stockholdersb Equity	Non-controlling Interests
Balance at Dec. 31, 2012	$447,287	$556	$476,157	($643)	($32,832)	$443,238	$4,049
Balance (in shares) at Dec. 31, 2012	'	55,584,641	'	'	'	'	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'	'	'	'
Issuance of common stock (in shares)	'	119,782,436	'	'	'	'	'
Issuance of common stock	1,189,958	1,198	1,188,760	'	'	1,189,958	'
Common stock offering costs, commissions and dealer manager fees	-121,243	'	-121,243	'	'	-121,243	'
Common stock issued through distribution reinvestment plan (in shares)	'	3,612,573	'	'	'	'	'
Common stock issued through distribution reinvestment plan	34,319	36	34,283	'	'	34,319	'
Common stock repurchases (in shares)	'	-204,561	'	'	'	'	'
Common stock repurchases	-1,994	-2	-1,992	'	'	-1,994	'
Share based compensation (in shares)	'	10,667	'	'	'	'	'
Share-based compensation	46	'	46	'	'	46	'
Distributions declared	-72,478	'	'	'	-72,478	-72,478	'
Distributions to non-controlling interest holders	-278	'	'	'	'	'	-278
Other Comprehensive Income (Loss), Net of Tax	-2,598	'	'	-2,598	'	-2,598	'
Other comprehensive loss	-14,937	'	'	'	'	'	'
Net income (loss)	-12,293	'	'	'	-12,339	-12,339	46
Balance at Sep. 30, 2013	$1,460,726	$1,788	$1,576,011	($3,241)	($117,649)	$1,456,909	$3,817
Balance (in shares) at Sep. 30, 2013	'	178,785,756	'	'	'	'	'

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Cash flows from operating activities:	'	'
Net loss attributable to stockholders	($12,339)	($6,941)
Adjustment to reconcile net loss to net cash provided by operating activities:	'	'
Depreciation	27,235	9,623
Amortization of intangibles	14,313	2,549
Amortization of deferred financing costs	2,462	729
Amortization of mortgage premiums	-593	-133
Accretion of below-market lease liabilities and amortization of above-market lease assets, net	346	235
Net income (loss) attributable to non-controlling interests	46	-12
Share-based compensation	46	84
Changes in assets and liabilities:	'	'
Prepaid expenses and other assets	-7,283	-2,825
Expense Reimbursements From Affiliates	-4,480	0
Accounts payable and accrued expenses	8,097	1,172
Deferred rent and other liabilities	1,393	574
Net cash provided by operating activities	29,243	5,055
Cash flows from investing activities:	'	'
Investment in real estate and other assets	-702,714	-236,506
Deposits for real estate	-6,690	0
Capital expenditures	-283	0
Purchase of investment securities	-19,448	0
Net cash used in investing activities	-729,135	-236,506
Cash flows from financing activities:	'	'
Payments of note payable	-2,500	0
Proceeds from mortgage notes payable	0	34,777
Payments of mortgage notes payable	-220	-31
Proceeds from credit facility	0	39,000
Payments on credit facility	-26,000	-39,000
Payments of deferred financing costs	-16,620	-3,056
Proceeds from issuance of common stock	1,196,900	262,687
Common stock repurchases	-1,764	-286
Payments of offering costs and fees related to stock issuances	-122,343	-34,447
Distributions paid	-31,124	-4,431
Due from/to affiliate	0	374
Distributions to non-controlling interests holders	-278	-275
Restricted cash	-1,117	-68
Net cash provided by financing activities	994,934	255,244
Net change in cash	295,042	23,793
Cash, beginning of period	13,869	5,038
Cash, end of period	308,911	28,831
Supplemental Disclosures:	'	'
Cash paid for interest	8,840	5,175
Cash paid for income taxes	132	4
Non-Cash Investing and Financing Activities:	'	'
Mortgage notes payable assumed or used to acquire investments in real estate	39,192	54,639
Premiums on assumed mortgage notes payable	692	3,218
Common stock issued through distribution reinvestment plan	$34,319	$3,646

Organization

Organization	9 Months Ended
Organization	Sep. 30, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Organization	'
	Organization
	American Realty Capital Healthcare Trust, Inc. (the "Company"), incorporated on August 23, 2010, is a Maryland corporation that qualified as a real estate investment trust ("REIT") for U.S. federal income tax purposes beginning with the taxable year ended December 31, 2011. On February 18, 2011, the Company commenced its initial public offering (the "IPO") on a "reasonable best efforts" basis of up to 150.0 million shares of common stock, $0.01 par value per share, at a price of $10.00 per share, subject to certain volume and other discounts, pursuant to a registration statement on Form S-11, as amended (File No. 333-169075) (the "Registration Statement"), filed with the U.S. Securities and Exchange Commission (the "SEC") under the Securities Act of 1933, as amended. The Registration Statement also covered up to 25.0 million shares of common stock available pursuant to a distribution reinvestment plan (the "DRIP") under which the Company's common stockholders may elect to have their distributions reinvested in additional shares of the Company's common stock at a price initially equal to $9.50 per share, which was 95% of the offering price in the IPO.
	On April 12, 2013, the Company registered an additional 25.0 million shares to be used under the DRIP (as amended to include a direct stock purchase component) pursuant to a registration statement on Form S-3 (File No. 333-187900). In April 2013, the Company completed the issuance of the 150.0 million shares of common stock registered in connection with its IPO, plus 1.2 million DRIP shares, and as permitted, reallocated the remaining 23.8 million DRIP shares, available under the Registration Statement to the primary offering. On April 26, 2013, the Company closed the IPO following the successful achievement of its target equity raise, including the shares reallocated from the DRIP. As of September 30, 2013, the Company had 178.8 million shares of common stock outstanding, including unvested restricted shares and shares issued under the DRIP, and had received total proceeds of $1.8 billion, including proceeds from shares issued under the DRIP. As of September 30, 2013, the aggregate value of all the common stock outstanding was $1.8 billion based on a per share value of $10.00 (or $9.50 for shares issued under the DRIP).
	The Company was formed to primarily acquire a diversified portfolio of income producing real estate properties, focusing predominantly on medical office buildings and healthcare-related facilities. All such properties may be acquired and operated by the Company alone or jointly with another party. The Company may also originate or acquire first mortgage loans secured by real estate. The Company purchased its first property and commenced real estate operations in June 2011. As of September 30, 2013, the Company owned 103 properties with an aggregate purchase price of $1.4 billion, comprised of 5.1 million rentable square feet.
	Substantially all of the Company's business is conducted through American Realty Capital Healthcare Trust Operating Partnership, L.P., a Delaware limited partnership (the "OP"). The Company has no employees. The Company has retained American Realty Capital Healthcare Advisors, LLC (the "Advisor") to manage its affairs on a day-to-day basis. The Company has retained American Realty Capital Healthcare Properties, LLC (the "Property Manager") to serve as the Company's property manager. Realty Capital Securities, LLC (the "Dealer Manager") served as the dealer manager of the IPO. The Advisor and Property Manager are wholly owned entities of, and the Dealer Manager is under common ownership with, the Company's sponsor, American Realty Capital V, LLC (the "Sponsor") and, as a result of which, they are related parties and each has received or may receive compensation and fees for services related to the IPO and for the investment and management of the Company's assets. Such entities have received or may receive fees during the offering, acquisition, operational and liquidation stages.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	9 Months Ended
Summary of Significant Accounting Policies	Sep. 30, 2013
Accounting Policies [Abstract]	'
Summary of Significant Accounting Policies	'
	Summary of Significant Accounting Policies
	The accompanying consolidated financial statements of the Company included herein were prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP") for interim financial information and with the instructions to this Quarterly Report on Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. The information furnished includes all adjustments and accruals of a normal recurring nature, which, in the opinion of management, are necessary for a fair presentation of results for the interim periods. All intercompany accounts and transactions have been eliminated in consolidation. The results of operations for the three and nine months ended September 30, 2013 are not necessarily indicative of the results for the entire year or any subsequent interim period.
	These financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto as of, and for the year ended December 31, 2012, which are included in the Company's Annual Report on Form 10-K filed with the SEC on March 12, 2013. There have been no significant changes to Company's significant accounting policies during the nine months ended September 30, 2013, other than the updates described below.
	Recently Issued Accounting Pronouncements
	In December 2011, the Financial Accounting Standards Board ("FASB") issued guidance regarding disclosures about offsetting assets and liabilities, which requires entities to disclose information about offsetting and related arrangements to enable users of its financial statements to understand the effect of those arrangements on its financial position. The guidance is effective for fiscal years and interim periods beginning on or after January 1, 2013 with retrospective application for all comparative periods presented. The adoption of this guidance, which is related to disclosure only, did not have a material impact on the Company's consolidated financial position, results of operations or cash flows.
	In July 2012, the FASB issued revised guidance intended to simplify how an entity tests indefinite-lived intangible assets for impairment. The amendments will allow an entity first to assess qualitative factors to determine whether it is necessary to perform a quantitative impairment test. An entity will no longer be required to calculate the fair value of an indefinite-lived intangible asset and perform the quantitative test unless the entity determines, based on a qualitative assessment, that it is more likely than not that its fair value is less than its carrying amount. The amendments are effective for annual and interim indefinite-lived intangible asset impairment tests performed for fiscal years beginning after September 15, 2012. Early adoption is permitted. The adoption of this guidance did not have a material impact on the Company's consolidated financial position, results of operations or cash flows.
	In February 2013, the FASB issued guidance which requires an entity to provide information about the amounts reclassified out of accumulated other comprehensive income by component. The guidance is effective for annual and interim periods beginning after December 15, 2012 with early adoption permitted. The adoption of this guidance, which is related to disclosure only, did not have a material impact on the Company's consolidated financial position, results of operations or cash flows.
	In February 2013, the FASB issued new accounting guidance clarifying the accounting and disclosure requirements for obligations resulting from joint and several liability arrangements for which the total amount under the arrangement is fixed at the reporting date. The new guidance is effective for fiscal years, and interim periods within those fiscal years, beginning on or after December 15, 2013. The Company does not expect the adoption of this guidance to have a material impact on the Company's consolidated financial position, results of operations or cash flows.

Real_Estate_Investments

Real Estate Investments	9 Months Ended
	Sep. 30, 2013
Real Estate [Abstract]	'
Real Estate Investments	'
	Real Estate Investments
	The following table presents the allocation of the assets acquired and liabilities assumed during the nine months ended September 30, 2013 and 2012:


			Nine Months Ended September 30,
	(Dollar amounts in thousands)		2013				2012
	Real estate investments, at cost:
	Land		$	64,357			$	20,005

	Buildings, fixtures and improvements		595,820				241,490

	Construction in progress		4,819				—

	Total tangible assets		664,996				261,495

	Acquired intangibles:
	In-place leases		78,020				33,546

	Above-market lease assets		5,371				697

	Below-market lease liabilities		(4,272		)		(845		)
	Total assets acquired, net		744,115				294,893

	Mortgage notes payable assumed or used to acquire real estate investments		(39,192		)		(54,639		)
	Premiums on mortgages assumed		(692		)		(3,218		)
	Other liabilities assumed		(1,517		)		(530		)
	Cash paid for acquired real estate investments		$	702,714			$	236,506

	Number of properties purchased		53				22

	The following table reflects the number and related purchase prices of properties acquired, excluding land and related construction in progress, during the years ended December 31, 2012 and 2011 and for the nine months ended September 30, 2013:


			Number of Properties		Base Purchase Price
					(In thousands)
	Year ended December 31, 2011		14		$	164,485

	Year ended December 31, 2012		36		508,108

	Nine months ended September 30, 2013		53		736,811

	Total portfolio as of September 30, 2013		103		$	1,409,404

	The following table presents unaudited pro forma information as if the acquisitions during the nine months ended September 30, 2013, had been consummated on January 1, 2012. Additionally, the unaudited pro forma net loss attributable to stockholders was adjusted to reclass acquisition and transaction related expense of $12.6 million from the nine months ended September 30, 2013 to the nine months ended September 30, 2012:


			Nine Months Ended September 30,
	(In thousands)		2013				2012
	Pro forma revenues		$	132,138			$	98,137

	Pro forma net loss attributable to stockholders		$	(136	)		$	(21,215	)
	The following table presents future minimum base rental cash payments due to the Company over the next five years and thereafter. These amounts exclude contingent rent payments, as applicable, that may be collected from certain tenants based on provisions related to sales thresholds and increases in annual rent based on exceeding certain economic indexes among other items.


	(In thousands)		Future Minimum
			Base Rent Payments
	October 1, 2013 — December 31, 2013		$	21,033

	2014		84,938

	2015		85,773

	2016		86,013

2017		84,515

Thereafter		551,699

		$	913,971

The following table lists the tenant (including for this purpose, all affiliates of such tenant) whose annualized rental income on a straight-line basis represented greater than 10% of total annualized rental income for all properties on a straight-line basis as of September 30, 2013 and 2012:


		September 30,
Tenant		2013		2012
UnitedHealth Group Incorporated		10.70%		*
Reliant Rehabilitation		*		16.60%
Aurora Medial Group, Inc		*		12.80%
____________________________

*	Tenant's annualized rental income on a straight-line basis was not greater than 10% of total annualized rental income for all portfolio properties as of the period specified.
The termination, delinquency or non-renewal of leases by any tenant whose annualized rental income represents 10% or more of the total annualized rental income at any time may have a material adverse effect on revenues. No other tenant represented more than 10% of annualized rental income as of September 30, 2013 and 2012.
The following table lists the states where the Company has concentrations of properties where annualized rental income on a straight-line basis represented greater than 10% of consolidated annualized rental income on a straight-line basis as of September 30, 2013 and 2012:


		September 30,
State		2013		2012
Florida		11.40%		*
Georgia		16.60%		*
Nevada		*		13.40%
Oregon		18.40%		*
Texas		*		36.70%
Wisconsin		*		14.60%
____________________________

*	State's annualized rental income on a straight-line basis was not greater than 10% of total annualized rental income for all portfolio properties as of the period specified.

Investment_Securities

Investment Securities

9 Months Ended

Sep. 30, 2013

Investment Securities [Abstract]

Investment Securities

As of September 30, 2013, the Company had investments in common stock, redeemable preferred stock and senior notes with a fair value of $16.6 million. These investments are considered available-for-sale securities and therefore increases or decreases in the fair value of these investments are recorded in accumulated other comprehensive loss as a component of equity on the consolidated balance sheets unless the securities are considered to be permanently impaired at which time the losses would be reclassified to expense.

The following table details the unrealized gains and losses on investment securities as of September 30, 2013. The Company did not have any such investments as of December 31, 2012.

September 30, 2013

(In thousands)

Cost

Gross Unrealized Gains

Gross Unrealized Losses

Fair Value

Investment securities

19,448

—

(2,864

)

16,584

Unrealized losses as of September 30, 2013 were considered temporary and therefore no impairment was recorded during the three and nine months ended September 30, 2013.

The Company's preferred stock investments are redeemable at the respective issuer's option after five years from issuance. The senior notes have a weighted-average maturity of 23.1 years and a weighted-average interest rate of 6.8% as of September 30, 2013.

Credit_Facility

Credit Facility	9 Months Ended
Credit Facility	Sep. 30, 2013
Debt Disclosure [Abstract]	'
Credit Facility	'
	Credit Facility
	On May 25, 2012, the Company entered into a senior revolving credit facility in the aggregate principal amount of $50.0 million, as amended, (the "Credit Facility") with KeyBank National Association ("Key Bank"). On October 25, 2012, the Company entered into an amendment, which increased the maximum commitments under the Credit Facility to $200.0 million with an "accordion" feature to increase aggregate commitments, subject to certain conditions, up to a maximum of $400.0 million.
	Pursuant to the Credit Facility, the Company had the option, based on it's corporate leverage, to have the Credit Facility advances priced at either: (a) LIBOR, plus an applicable margin that ranges from 2.00% to 3.00%; or (b) the Base Rate, plus an applicable margin that ranges from 0.75% to 1.75%. Base Rate is defined in the Credit Facility as the greater of (i) the fluctuating annual rate of interest announced from time to time by KeyBank as its "prime rate" or (ii) 0.5% above the federal funds effective rate. The Credit Facility required an unused fee per annum of 0.3% and 0.2%, if the unused balance of the facility exceeded or was equal to or less than 50% of the available facility, respectively.

	On July 24, 2013, the Company entered into an unsecured amended and restated credit agreement (the "Amended Facility") which allows for total borrowings of up to $755.0 million, comprised of a $500.0 million term loan component and a $255.0 million revolving loan component. The Amended Facility also contains a subfacility for letters of credit of up to $25.0 million. The Amended Facility contains an “accordion feature” to allow the Company, under certain circumstances, to increase the aggregate term loan borrowings under the Amended Facility to up to $750.0 million and the aggregate revolving loan borrowings to up to $450.0 million, or up to $1.2 billion of total borrowings. Availability of borrowings is based on a pool of eligible unencumbered real estate assets.
	Pursuant to the Amended Facility, the Company has the option, based upon its corporate leverage, to have the Amended Facility priced at either: (a) LIBOR, plus an applicable margin that ranges from 1.60% to 2.20%; or (b) the Base Rate, plus an applicable margin that ranges from 0.35% to 0.95%. Base Rate is defined in the Amended Facility as the greatest of (i) the fluctuating annual rate of interest announced from time to time by Key Bank as its “prime rate,” (ii) 0.5% above the federal funds effective rate or (iii) 1.0% above the applicable one-month LIBOR. Upon such time as the Company receives an investment grade credit rating as determined by major credit rating agencies, the Company will have the option, based upon its credit rating, to have the Amended Facility priced at either: (a) LIBOR, plus an applicable margin that ranges from 0.95% to 1.70%; or (b) the Base Rate, plus an applicable margin that ranges from 0.00% to 0.70%.
	The Amended Facility provides for monthly interest payments for each Base Rate loan and periodic payments for each LIBOR loan, based upon the applicable LIBOR loan period, with all principal outstanding being due on the maturity date. The term loan component of the Amended Facility matures in July 2018 and the revolving loan component of the Amended Facility matures in July 2016. The revolving loan component of the Amended Facility contains two, one-year extension options. The Amended Facility may be prepaid from time to time and at any time, in whole or in part, without premium or penalty, subject to reimbursement of certain costs and expenses. In the event of a default, the lenders have the right to terminate its obligations under the Amended Facility and to accelerate the payment on any unpaid principal amount of all outstanding loans.
	As of December 31, 2012, the balance under the Credit Facility was $26.0 million. This balance was repaid in full in January 2013. There were no advances outstanding as of September 30, 2013. The Company's unused borrowing capacity was $185.6 million, based on the assets assigned to the Amended Facility as of September 30, 2013. Availability of borrowings is based on a pool of eligible unencumbered real estate assets.
	The Amended Facility requires the Company to meet certain financial covenants, including the maintenance of certain financial ratios (such as specified debt to equity and debt service coverage ratios) as well as the maintenance of a minimum net worth. As of September 30, 2013, the Company was in compliance with the financial covenants under the Amended Facility agreement.

Note_Payable

Note Payable	9 Months Ended
Note Payable	Sep. 30, 2013
Debt Disclosure [Abstract]	'
Note Payable	'
	Note Payable
	In September 2011, the Company entered into an unsecured $2.5 million note payable with an unaffiliated third party investor. The note bore interest at a fixed rate of 8.0% per annum and was due to mature in September 2014. The note had two one-year extension options. The note required monthly interest payments with the principal balance due at maturity. The note could be repaid at any time, in whole or in part, without premium or penalty. Notwithstanding the foregoing, after the initial maturity date, the lender had a right to require the repayment in full of any outstanding principal and interest under the note upon 60 days' notice. The note was repaid in full in January 2013 at the Company's election.

Mortgage_Notes_Payable

Mortgage Notes Payable	9 Months Ended
	Sep. 30, 2013
Debt Disclosure [Abstract]	'
Mortgage Notes Payable	'
	Mortgage Notes Payable
	The Company's mortgage notes payable as of September 30, 2013 and December 31, 2012 consist of the following:


				Outstanding Loan Amount as of				Effective Interest Rate

	Portfolio		Encumbered Properties	September 30, 2013		December 31, 2012					Interest Rate	Maturity
				(In thousands)		(In thousands)
	Texarkana		1	$	2,155	$	2,187	5.58	%		Fixed	Jun. 2016

	Carson Tahoe Specialty Medical Plaza (1)		3	21,751		21,751		5.08	%		Fixed	Sep. 2015

	Durango Medical Plaza (1)		1	17,172		17,172		5.08	%		Fixed	Sep. 2015

	CareMeridian Rehabilitation Facility - Phoenix (1)		1	6,936		6,936		5.08	%		Fixed	Sep. 2015

	Reliant Rehabilitation Hospital - Dallas (1)		1	24,850		24,850		5.15	%		Fixed	Sep. 2015

	Global Rehabilitation Hospital (1)		1	12,714		12,714		5.15	%		Fixed	Sep. 2015

	Spring Creek Medical Plaza (1)		1	7,477		7,477		5.15	%		Fixed	Sep. 2015

	Odessa Regional Medical Center		1	4,047		4,047		4.09	%	(2)	Fixed	Dec. 2016

	Methodist North Medical Office Building		1	13,544		13,544		3.99	%	(2)	Fixed	Dec. 2016

	University of Wisconsin Medical Center		1	5,039		5,039		4	%		Fixed	Apr. 2017

	Reliant Rehabilitation Hospital-Houston (1)		1	13,437		13,437		4.98	%		Fixed	Sep. 2015

	Village Healthcare Center (1)		1	1,906		1,906		4.98	%		Fixed	Sep. 2015

	Mercy Health Plaza		1	5,500		5,500		4.11	%		Fixed	Sep. 2017

	East Pointe Medical Office Building		1	5,260		5,260		4.11	%		Fixed	Sep. 2017

	Unitron Hearing Building		1	4,000		4,000		4.11	%		Fixed	Sep. 2017

	Carson Tahoe Medical Office Building		1	4,675		4,675		3.88	%	(2)	Fixed	Jun. 2017

	Aurora Health Care Portfolio		3	49,600		49,600		5.6	%		Fixed	Jan. 2017

	Princeton Village - Pacific Northwest Senior Living Facility Portfolio		1	3,137		—		7.48	%		Fixed	Jan. 2031

	Pelican Pointe - Pacific Northwest Senior Living Facility Portfolio		1	12,507		—		5.16	%		Fixed	Apr. 2022

	Fayetteville Community Hospital		1	7,028		—		5.18	%		Fixed	Sep. 2015

	Anderson - Benton House Senior Living Facility Portfolio		1	8,182		—		4.86	%		Fixed	Dec. 2018

	Covington - Benton House Senior Living Facility Portfolio		1	8,150		—		5.26	%		Fixed	May-19

	Total		26	$	239,067	$	200,095	5.05	%	(3)

	_____________________________________

	-1	These mortgages, aggregating $106.2 million, represent the first, second and third tranches of a multi-tranche mortgage loan agreement to provide funding for a portfolio of eight properties. The mortgages for each of the properties are cross-collateralized with one another and in the event that the Company defaults on one of the mortgages, the lender may look to the other properties as collateral.

	-2	Fixed as a result of entering into a swap agreement.

	-3	Calculated on a weighted average basis for all mortgages outstanding as of September 30, 2013.
	The following table summarizes the scheduled aggregate principal payments on mortgage notes payable for the five years subsequent to September 30, 2013:


(In thousands)		Future Principal
		Payments
October 1, 2013 — December 31, 2013		$	185

2014		762

2015		113,683

2016		20,239

2017		74,715

Thereafter		29,483

		$	239,067

Some of the Company's mortgage notes payable agreements require the compliance of certain property-level financial covenants including debt service coverage ratios. As of September 30, 2013 and December 31, 2012, the Company was in compliance with financial covenants under its mortgage notes payable agreements.

Fair_Value_of_Financial_Instru

Fair Value of Financial Instruments	9 Months Ended
	Sep. 30, 2013
Fair Value Disclosures [Abstract]	'
Fair Value of Financial Instruments	'
	Fair Value of Financial Instruments
	The Company determines fair value based on quoted prices when available or through the use of alternative approaches, such as discounting the expected cash flows using market interest rates commensurate with the credit quality and duration of the investment. This alternative approach also reflects the contractual terms of the derivatives, including the period to maturity, and uses observable market-based inputs, including interest rate curves and implied volatilities. The guidance defines three levels of inputs that may be used to measure fair value:
	Level 1 — Quoted prices in active markets for identical assets and liabilities that the reporting entity has the ability to access at the measurement date.
	Level 2 — Inputs other than quoted prices included within Level 1 that are observable for the asset and liability or can be corroborated with observable market data for substantially the entire contractual term of the asset or liability.
	Level 3 — Unobservable inputs that reflect the entity's own assumptions that market participants would use in the pricing of the asset or liability and are consequently not based on market activity, but rather through particular valuation techniques.
	The determination of where an asset or liability falls in the hierarchy requires significant judgment and considers factors specific to the asset or liability. In instances where the determination of the fair value measurement is based on inputs from different levels of the fair value hierarchy, the level in the fair value hierarchy within which the entire fair value measurement falls is based on the lowest level input that is significant to the fair value measurement in its entirety. The Company evaluates its hierarchy disclosures each quarter and depending on various factors, it is possible that an asset or liability may be classified differently from quarter to quarter. However, the Company expects that changes in classifications between levels will be rare.
	Although the Company has determined that the majority of the inputs used to value its derivatives fall within Level 2 of the fair value hierarchy, the credit valuation adjustments associated with those derivatives utilize Level 3 inputs, such as estimates of current credit spreads to evaluate the likelihood of default by the Company and its counterparties. However, as of September 30, 2013 and December 31, 2012, the Company has assessed the significance of the impact of the credit valuation adjustments on the overall valuation of its derivative positions and has determined that the credit valuation adjustments are not significant to the overall valuation of the Company's derivatives. As a result, the Company has determined that its derivative valuations in their entirety are classified in Level 2 of the fair value hierarchy.
	The valuation of derivative instruments is determined using a discounted cash flow analysis on the expected cash flows of each derivative. This analysis reflects the contractual terms of the derivatives, including the period to maturity, as well as observable market-based inputs, including interest rate curves and implied volatilities. In addition, credit valuation adjustments, are incorporated into the fair values to account for the Company's potential nonperformance risk and the performance risk of the counterparties.
	The Company has investments in common stock, redeemable preferred stock and senior notes that are traded in active markets and therefore, due to the availability of quoted market prices in active markets, the Company has classified these investments as level 1 in the fair value hierarchy.
	The following table presents information about the Company's assets and liabilities (including derivatives that are presented net) measured at fair value on a recurring basis as of September 30, 2013 and December 31, 2012, aggregated by the level in the fair value hierarchy within which those instruments fall.


	(In thousands)	Quoted Prices in Active Markets				Significant Other Observable Inputs				Significant Unobservable Inputs				Total
		Level 1				Level 2				Level 3
	September 30, 2013
	Interest rate swaps	$	—			$	(376	)		$	—			$	(376	)

	Investment securities	$	16,584			$	—			$	—			$	16,584

	December 31, 2012
	Interest rate swaps	$	—			$	(643	)		$	—			$	(643	)

	A review of the fair value hierarchy classification is conducted on a quarterly basis. Changes in the type of inputs may result in a reclassification for certain assets. There were no transfers between Level 1 and Level 2 of the fair value hierarchy during the nine months ended September 30, 2013.
	The Company is required to disclose the fair value of financial instruments for which it is practicable to estimate that value. The fair value of short-term financial instruments such as cash and cash equivalents, restricted cash, other receivables, due to affiliates, accounts payable and distributions payable approximates their carrying value on the consolidated balance sheets due to their short-term nature. The fair values of the Company's remaining financial instruments that are not reported at fair value on the consolidated balance sheets are reported below.


				Carrying Amount at				Fair Value at				Carrying Amount at				Fair Value at
	(In thousands)	Level		September 30, 2013				September 30, 2013				December 31, 2012				December 31, 2012
	Mortgage notes payable and premiums, net	3		$	242,069			$	245,620			$	202,998			$	209,906

	Credit facility	3		$	—			$	—			$	26,000			$	26,000

	Note payable	3		$	—			$	—			$	2,500			$	2,851

	The fair value of the mortgage notes payable and note payable are estimated using a discounted cash flow analysis, based on the Advisor's experience with similar types of borrowing arrangements. Advances under the credit facility are considered to be reported at fair value, since its interest rate varies with changes in LIBOR.

Derivatives_and_Hedging_Activi

Derivatives and Hedging Activities	9 Months Ended
Derivatives and Hedging Activities	Sep. 30, 2013
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
Derivatives and Hedging Activities	'
	Derivatives and Hedging Activities
	Risk Management Objective of Using Derivatives
	The Company may use derivative financial instruments, including interest rate swaps, caps, options, floors and other interest rate derivative contracts, to hedge all or a portion of the interest rate risk associated with its borrowings. The principal objective of such arrangements is to minimize the risks and/or costs associated with the Company's operating and financial structure as well as to hedge specific anticipated transactions. The Company does not intend to utilize derivatives for speculative or other purposes other than interest rate risk management. The use of derivative financial instruments carries certain risks, including the risk that the counterparties to these contractual arrangements are not able to perform under the agreements. To mitigate this risk, the Company only enters into derivative financial instruments with counterparties with high credit ratings and with major financial institutions with which the Company, and its affiliates, may also have other financial relationships. The Company does not anticipate that any of the counterparties will fail to meet their obligations.
	Cash Flow Hedges of Interest Rate Risk
	The Company's objectives in using interest rate derivatives are to add stability to interest expense and to manage its exposure to interest rate movements. To accomplish this objective, the Company may use interest rate swaps and collars as part of its interest rate risk management strategy. Interest rate swaps designated as cash flow hedges involve the receipt of variable-rate amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. Such derivatives were used to hedge the variable cash flows associated with forecasted variable-rate debt. Interest rate collars designated as cash flow hedges involve the receipt of variable-rate amounts if interest rates rise above the cap strike rate on the contract and payments of variable-rate amounts if interest rates fall below the floor strike rate on the contract.
	The effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges is recorded in accumulated other comprehensive income and is subsequently reclassified into earnings in the period that the hedged forecasted transaction affects earnings. The ineffective portion of the change in fair value of the derivatives is recognized directly in earnings.
	Amounts reported in accumulated other comprehensive income related to derivatives will be reclassified to interest expense as interest payments are made on the Company's variable-rate debt. During the next 12 months, the Company estimates that an additional $0.2 million will be reclassified from other comprehensive loss as an increase to interest expense.
	As of September 30, 2013 and December 31, 2012, the Company had the following outstanding interest rate derivatives that were designated as a cash flow hedge of interest rate risk:


		September 30, 2013						December 31, 2012
	Interest Rate Derivative	Number of		Notional Amount				Number of		Notional Amount
	Interest Rate Derivative	Instruments		Notional Amount				Instruments		Notional Amount
				(In thousands)						(In thousands)
	Interest rate swaps	3		$	22,266			3		$	22,266
	Interest rate swaps	3		$	22,266			3		$	22,266

	The table below presents the fair value of the Company's derivative financial instruments as well as their classification on the balance sheets as of September 30, 2013 and December 31, 2012:


	(In thousands)	Balance Sheet Location		September 30, 2013				December 31, 2012
	Derivatives designated as hedging instruments:
	Interest Rate Swaps	Derivatives, at fair value		$	(376	)		$	(643	)
	Derivatives in Cash Flow Hedging Relationships
	The table below details the location in the financial statements of the gain or loss recognized on interest rate derivatives designated as cash flow hedges for the three and nine months ended September 30, 2013 and 2012:


		Three Months Ended September 30,								Nine Months Ended September 30,
	(In thousands)	2013				2012				2013			2012
	Amount of income (loss) recognized in accumulated other comprehensive loss from interest rate derivatives (effective portion)	$	(139	)		$	(206	)		$	83		$	(610	)
		$	(139	)		$	(206	)		$	83		$	(610	)
	Amount of loss reclassified from accumulated other comprehensive loss into income as interest expense (effective portion)	$	(62	)		$	(60	)		$	(183	)	$	(166	)
	Amount of gain (loss) recognized in income on derivative instruments (ineffective portion and amount excluded from effectiveness testing)	$	—			$	—			$	—		$	—
		$	—			$	—			$	—		$	—
	Offsetting Derivatives
	The table below presents a gross presentation, the effects of offsetting, and a net presentation of the Company's derivatives as of September 30, 2013 and December 31, 2012. The net amounts of derivative assets or liabilities can be reconciled to the tabular disclosure of fair value. The table below provides the location that the fair value of derivative assets and liabilities are presented on the accompanying consolidated balance sheets:


													Gross Amounts Not Offset on the Balance Sheet
	Derivatives (In thousands)	Gross Amounts of Recognized Liabilities				Gross Amounts Offset on the Balance Sheet				Net Amounts of Liabilities presented on the Balance Sheet			Financial Instruments			Cash Collateral Posted		Net Amount
	September 30, 2013	$	(376	)		$	—			$	(376	)	$	—		$	—	$	(376	)
	September 30, 2013	$	(376	)		$	—			$	(376	)	$	—		$	—	$	(376	)
	December 31, 2012	$	(643	)		$	—			$	(643	)	$	—		$	—	$	(643	)
	December 31, 2012	$	(643	)		$	—			$	(643	)	$	—		$	—	$	(643	)
	Derivatives Not Designated as Hedges
	Derivatives not designated as hedges are not speculative. These derivatives may be used to manage the Company's exposure to interest rate movements and other identified risks but do not meet the strict hedge accounting requirements to be classified as hedging instruments. The Company does not have any hedging instruments that do not qualify for hedge accounting.
	Credit-risk-related Contingent Features
	The Company has an agreement with its derivative counterparty that contains a provision where if the Company either defaults or is capable of being declared in default on any of its indebtedness, then the Company could also be declared in default on its derivative obligation.
	As of September 30, 2013, the fair value of derivatives in a liability position related to these agreements was $0.4 million. As of September 30, 2013, the Company has not posted any collateral related to these agreements and was not in breach of any agreement provisions. If the Company had breached any of these provisions, it could have been required to settle its obligations under the agreement at its aggregate termination value of $0.4 million at September 30, 2013.

Common_Stock

Common Stock	9 Months Ended
	Sep. 30, 2013
Stockholders' Equity Note [Abstract]	'
Common Stock	'
	Common Stock
	As of September 30, 2013 and December 31, 2012, the Company had 178.8 million and 55.6 million shares of common stock outstanding, including DRIP issuances, from total proceeds of $1.8 billion and $553.0 million, respectively.
	On December 10, 2011, the board of directors authorized, and the Company declared, its current distribution rate, which is calculated based on stockholders of record each day during the applicable period, at a rate of $0.0018630137 per day or $0.68 annually per share of common stock beginning January 1, 2012. The Company's distributions are payable by the 5th day following each month end to stockholders of record at the close of business each day during the prior month. Distribution payments are dependent on the availability of funds. The board of directors may reduce the amount of distributions paid or suspend distribution payments at any time and therefore distribution payments are not assured.
	The following table reflects the number of shares repurchased under the Company's Share Repurchase Program cumulatively through September 30, 2013:


			Number of Requests	Number of Shares Repurchased	Average Price per Share
	Cumulative repurchase requests as of December 31, 2012		30	114,602	$	9.84

	Nine months ended September 30, 2013 (1)		67	204,561	9.75

	Cumulative repurchase requests as of September 30, 2013 (1)		97	319,163	$	9.78

	_____________________________

	-1	Includes 25 unfulfilled repurchase requests consisting of 63,867 shares at an average price per share of $9.70, which were approved for repurchase as of September 30, 2013 and completed in October 2013. This liability is included in accounts payable and accrued expenses on the Company's consolidated balance sheet.

Commitments_and_Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2013
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies	'
	Commitments and Contingencies
	Future Minimum Lease Payments
	The Company entered into lease agreements related to certain acquisitions under leasehold interests arrangements. The following table reflects the minimum base cash rental payments due from the Company over the next five years and thereafter. These amounts exclude contingent rent payments, as applicable, that may be payable based on provisions related to increases in annual rent based on exceeding certain economic indexes among other items.


	(In thousands)	Future Minimum
		Base Rent Payments
	October 1, 2013 — December 31, 2013	$	95

	2014	338

	2015	345

	2016	351

	2017	358

	Thereafter	16,558

		$	18,045

	Purchase Commitments
	In July 2013, the Company entered into a construction advance agreement and purchase and sale agreement to initially fund the construction of, and subsequently purchase upon construction completion and rent commencement, a medical office building in Kenosha, Wisconsin for $24.5 million. As of September 30, 2013, the Company has funded $1.7 million and $4.8 million for the land and construction in progress, respectively.
	Litigation
	In the ordinary course of business, the Company may become subject to litigation or claims. There are no material legal proceedings pending or known to be contemplated against the Company or its properties.
	Environmental Matters
	In connection with the ownership and operation of real estate, the Company may potentially be liable for costs and damages related to environmental matters. As of September 30, 2013, the Company has not been notified by any governmental authority of any non-compliance, liability or other claim, and is not aware of any other environmental condition that it believes will have a material adverse effect on the results of operations.

Related_Party_Transactions_and

Related Party Transactions and Arrangements	9 Months Ended
	Sep. 30, 2013
Related Party Transactions [Abstract]	'
Related Party Transactions and Arrangements	'
	Related Party Transactions and Arrangements
	American Realty Capital Healthcare Special Limited Partnership, LLC, an entity wholly owned by the Sponsor, owned 20,000 shares of the Company's outstanding common stock as of September 30, 2013 and December 31, 2012.
	Fees Paid in Connection with the IPO
	The Dealer Manager received fees and compensation in connection with the sale of the Company's common stock in the IPO. The Dealer Manager received a selling commission of up to 7.0% of gross offering proceeds before reallowance of commissions earned by participating broker-dealers. In addition, the Dealer Manager received up to 3.0% of the gross proceeds, from the sale of common stock, before reallowance to participating broker-deals, as a dealer-manager fee. The Dealer Manager was permitted to reallow its dealer-manager fee to such participating broker-dealers, based on such factors as the volume of shares sold by respective participating broker-dealers and marketing support incurred as compared to those of other participating broker-dealers. The following table details total selling commissions and dealer manager fees incurred from and due to the Dealer Manager as of and for the periods presented:


			Three Months Ended						Nine Months Ended				Payable as of
			September 30,						September 30,				September 30,		December 31,
	(In thousands)		2013				2012		2013		2012		2013		2012
	Total commissions and fees incurred from the Dealer Manager		$	(48	)	(1)	$	10,970	$	117,377	$	26,315	$	—	$	625

	_____________________________

	-1	During the three months ended September 30, 2013, the Company received reimbursement of selling commissions and dealer manager fees as a result of share purchase cancellations related to common stock sales prior to the close of the IPO.

	The Advisor and its affiliates received compensation and reimbursement for services relating to the IPO. Effective March 1, 2013, the Company utilized transfer agent services provided by an affiliate of the Dealer Manager. All offering costs incurred by the Company, or its affiliated entities, on behalf of the Company were charged to additional paid-in capital on the accompanying consolidated balance sheets during the IPO. The following table details offering costs and reimbursements incurred from and due to the Advisor and Dealer Manager as of and for the periods presented:


			Three Months Ended						Nine Months Ended				Payable as of
			September 30,						September 30,				September 30,		December 31,
	(In thousands)		2013				2012		2013		2012		2013		2012
	Fees and expense reimbursements incurred from the Advisor and Dealer Manager		$	—			$	4,057	$	1,901	$	7,143	$	—	$	73

	The Company was responsible for offering and related costs from the IPO, excluding selling commissions and dealer manager fees, up to a maximum of 1.5% of gross proceeds received from the IPO, measured at the end of the IPO. Offering costs in excess of the 1.5% cap as of the end of the IPO were to be the Advisor's responsibility. As of the end of the IPO, offering and related costs, excluding selling commissions and dealer manager fees, did not exceed 1.5% of gross proceeds received from the IPO. In aggregate, offering costs including selling commissions and dealer manager fees are the Company's responsibility up to a maximum of 11.5% of the gross proceeds received from the IPO as determined at the end of our IPO. As of the end of the IPO in April 2013, offering costs were less than 11.5% of the gross proceeds received in the IPO.
	Fees Paid in Connection With the Operations of the Company
	The Advisor receives an acquisition fee of 1.0% of the contract purchase price of each acquired property and 1.0% of the amount advanced for a loan or other investment and is reimbursed for acquisition costs incurred in the process of acquiring properties, which is expected to be approximately 0.5% of the contract purchase price. In no event will the total of all acquisition fees and acquisition expenses (including any financing coordination fee) payable with respect to a particular investment exceed 4.5% of the contract purchase price. Once the proceeds from the IPO have been fully invested, the aggregate amount of acquisition fees and financing coordination fees (as described below) shall not exceed 1.5% of the contract purchase price and the amount advanced for a loan or other investment, as applicable for all the assets acquired.
	If the Advisor provides services in connection with the origination or refinancing of any debt that the Company obtains and uses to acquire properties or to make other permitted investments, or that is assumed, directly or indirectly, in connection with the acquisition of properties, the Company will pay the Advisor a financing coordination fee equal to 1.0% of the amount available and/or outstanding under such financing, subject to certain limitations.
	In connection with providing strategic advisory services related to certain portfolio acquisitions, the Company has entered into arrangements in which the investment banking division of the Dealer Manager receives a transaction fee of 0.25% of the Transaction Value for such portfolio acquisition transactions. Pursuant to such arrangements to date, the Transaction Value has been defined as: (i) the value of the consideration paid or to be paid for all the equity securities or assets in connection with the sale transaction or acquisition transaction (including consideration payable with respect to convertible or exchangeable securities and option, warrants or other exercisable securities and including dividends or distributions and equity security repurchases made in anticipation of or in connection with the sale transaction or acquisition transaction), or the implied value for all the equity securities or assets of the Company or acquisition target, as applicable, if a partial sale or purchase is undertaken, plus (ii) the aggregate value of any debt, capital lease and preferred equity security obligations (whether consolidated, off-balance sheet or otherwise) of the Company or acquisition target, as applicable, outstanding at the closing of the sale transaction or acquisition transaction), plus (iii) the amount of any fees, expenses and promote paid by the buyer(s) on behalf of the Company or the acquisition target, as applicable. Should the Dealer Manager provide strategic advisory services related to additional portfolio acquisition transactions, the Company will enter into new arrangements with the Dealer Manager on such terms as may be agreed upon between the two parties.
	Until October 1, 2012, the Company paid the Advisor a fee of 0.75% per annum of average invested assets to provide asset management services. Average invested assets is defined as the average of the aggregate book value of assets invested, directly or indirectly, in properties, mortgage loans and other debt financing investments and other real estate-related investments secured by real estate before reserves for depreciation or bad debts or other similar non-cash reserves. However, the asset management fee was reduced by any amounts payable to the Property Manager as an oversight fee (as described below), such that the aggregate of the asset management fee and the oversight fee did not exceed 0.75% per annum of average invested assets. Such asset management fee was payable on a monthly basis, at the discretion of the Company's board, in cash, common stock or restricted stock grants, or any combination thereof. The asset management fee was reduced to the extent, if any, that the Company's funds from operations, as adjusted, during the six months ending on the last calendar quarter immediately preceding the date the asset management fee was payable was less than the distributions declared with respect to such six month period.
	Effective October 1, 2012, the payment of asset management fees in monthly installments in cash, shares or restricted stock grants, or any combination thereof to the Advisor was eliminated. Instead the Company expects to issue (subject to periodic approval by the board of directors) to the Advisor performance-based restricted partnership units of the OP designated as "Class B units," which are intended to be profits interests and will vest, and no longer be subject to forfeiture, at such time as: (x) the value of the OP's assets plus all distributions made equals or exceeds the total amount of capital contributed by investors plus a 6% cumulative, pre-tax, non-compounded annual return thereon (the "economic hurdle"); (y) any one of the following occurs: (1) the termination of the advisory agreement by an affirmative vote of a majority of the Company's independent directors without cause; (2) a listing; or (3) another liquidity event; and (z) the Advisor is still providing advisory services to the Company (the "performance condition"). Such Class B units will be forfeited immediately if: (a) the advisory agreement is terminated other than by an affirmative vote of a majority of the Company's independent directors without cause; or (b) the advisory agreement is terminated by an affirmative vote of a majority of the Company's independent directors without cause before the economic hurdle has been met.
	The calculation of the asset management fees has also been revised to pay a fee equal to: (i) the excess of (A) the product of (y) the cost of assets multiplied by (z) 0.1875% over (B) any amounts payable as an oversight fee (as described below) for such calendar quarter; divided by (ii) the value of one share of common stock as of the last day of such calendar quarter. When and if approved by the board of directors, the Class B units are expected to be issued to the Advisor quarterly in arrears pursuant to the terms of the limited partnership agreement of the OP. As of September 30, 2013, the Company cannot determine the probability of achieving the performance condition. The value of issued Class B units will be determined and expensed when the Company deems the achievement of the performance condition to be probable. The Advisor receives distributions on unvested Class B units equal to the distribution rate received on the Company's common stock. Such distributions on issued Class B units are included in general and administrative expenses in the consolidated statement of operations and comprehensive loss until the performance condition is considered probable to occur. During the three and nine months ended September 30, 2013, the board of directors approved the issuance of 166,600 and 441,735 Class B units, respectively, to the Advisor in connection with this arrangement.
	Unless the Company contracts with a third party, the Company will pay the Property Manager a property management fee of up to 1.5% of gross revenues from the Company's stand-alone single-tenant net leased properties and up to 2.5% of gross revenues from all other types of properties, respectively, plus market-based leasing commission applicable to the geographic location of each property. The Company will also reimburse the affiliate for property level expenses. If the Company contracts directly with third parties for such services, the Company will pay them customary market fees and will pay the Property Manager an oversight fee of up to 1.0% of the gross revenues of the property managed. In no event will the Company pay the Property Manager or any affiliate both a property management fee and an oversight fee with respect to any particular property.
	Effective March 1, 2013, the Company entered into an agreement with the Dealer Manager to provide strategic advisory services and investment banking services required in the ordinary course of the Company's business, such as performing financial analysis, evaluating publicly traded comparable companies and assisting in developing a portfolio composition strategy, a capitalization structure to optimize future liquidity options and structuring operations. Strategic advisory fees were amortized over the term of the IPO and included in acquisition and transaction related costs on the consolidated statement of operations and comprehensive loss. The Dealer Manager and its affiliates also provide transfer agency services, as well as transaction management and other professional services. These fees are included in general and administrative expenses on the consolidated statement of operations and comprehensive loss during the period the service was provided.
	The following table details amounts incurred, forgiven and payable to related parties in connection with the Company's operations-related services described above as of and for the periods presented:


			Three Months Ended September 30,										Nine Months Ended September 30,								Payable (Receivable) as of
			2013						2012				2013				2012				September 30,			December 31,
	(In thousands)		Incurred				Forgiven		Incurred		Forgiven		Incurred		Forgiven		Incurred		Forgiven		2013			2012
	One-time fees and reimbursements:
	Acquisition fees and related cost reimbursements, net(1)		$	697			$	—	$	1,678	$	—	$	3,577	$	—	$	4,517	$	—	$	(4,670	)	$	143

	Transaction fee		306				—		—		—		306		—		—		—		306			—

	Financing coordination fees		7,784				—		644		—		7,942		—		1,382		—		—			—

	Other expense reimbursements		—				—		81		—		19		—		133		—		—			—

	Ongoing fees:

	Asset management fees(2)		—				—		371		387		—		—		987		597		—			—

	Property management and leasing fees		—				370		—		130		—		861		—		271		—			—

	Transfer agent and other professional fees		621				—		—		—		847		—		—		—		202			—

	Strategic advisory fees		—				—		—		—		920		—		—		—		—			—

	Distributions on Class B Units		63				—		—		—		117		—		—		—		—			—

	Total related party operation fees and reimbursements		$	9,471			$	370	$	2,774	$	517	$	13,728	$	861	$	7,019	$	868	$	(4,162	)	$	143

	_____________________________

-1	In September 2013, the Advisor elected to reimburse the Company $4.7 million for acquisition expenses and legal reimbursements incurred. This receivable due from the Advisor to the Company as of September 30, 2013 was paid in November 2013.

-2	Effective October 1, 2012, the Company issues (subject to approval by the board of directors) to the Advisor restricted performance based Class B units for asset management services, which will be forfeited immediately if certain conditions occur.
The Company will reimburse the Advisor's costs of providing administrative services, subject to the limitation that it will not reimburse the Advisor for any amount by which its operating expenses (including the asset management fee) at the end of the four preceding fiscal quarters exceeds the greater of (a) 2% of average invested assets, or (b) 25% of net income other than any additions to reserves for depreciation, bad debt or other similar non-cash reserves and excluding any gain from the sale of assets for that period. Additionally, the Company will not reimburse the Advisor for personnel costs in connection with services for which the Advisor receives acquisition fees or real estate commissions. No reimbursement was incurred from the Advisor for providing administrative services for the three and nine months ended September 30, 2013 or 2012.
In order to improve operating cash flows and the ability to pay distributions from operating cash flows, the Advisor and the Property Manager agreed to waive certain fees including asset management and property management fees. Because the Advisor and the Property Manager waived certain fees, cash flow from operations that would have been paid to the Advisor and the Property Manager was available to pay distributions to stockholders. The fees that were forgiven are not deferrals and accordingly, will not be paid to the Advisor or the Property Manager. In certain instances, to improve the Company's working capital, the Advisor may elect to absorb a portion of the Company's general and administrative costs. There were no such general and administrative costs absorbed by the Advisor for three months ended September 30, 2013. For the nine months ended September 30, 2013, the Advisor absorbed $0.3 million of the Company's general and administrative costs. There were no general and administrative costs absorbed by the Advisor during the three and nine months ended September 30, 2012. These costs are presented net in the accompanying consolidated statements of operations and comprehensive loss. The Company did not have a receivable due from the Advisor related to the absorbed general and administrative costs as of September 30, 2013. As of December 31, 2012, the Company had a receivable of $0.2 million due from the Advisor related to absorbed general and administrative costs as presented on the accompanying consolidated balance sheets.
As the Company's real estate portfolio matures, the Company expects cash flows from operations (reported in accordance with GAAP) to cover a more significant portion of distributions and over time to cover the entire distribution. As the cash flows from operations become more significant, the Advisor and/or the Property Manager may discontinue their past practice of forgiving fees and may charge the full fees owed to them in accordance with the Company's agreements with such parties.
Fees Paid in Connection with the Liquidation or Listing of the Company's Real Estate Assets
The Company will pay a brokerage commission on the sale of property, not to exceed the lesser of 2% of the contract sale price of the property and 50% of the total brokerage commission paid if a third party broker is also involved; provided, however, that in no event may the real estate commissions paid to the Advisor, its affiliates and unaffiliated third parties exceed the lesser of 6% of the contract sales price and a reasonable, customary and competitive real estate commission, in light of the size, type and location of the property, in each case, payable to the Advisor if the Advisor or its affiliates, as determined by a majority of the independent directors. No such fees were incurred during the three and nine months ended September 30, 2013 or 2012.
The Company will pay a subordinated participation in the net sales proceeds of the sale of real estate assets of 15% of remaining net sale proceeds after return of capital contributions to investors plus payment to investors of an annual 6% cumulative, pre-tax non-compounded return on the capital contributed by investors. The Company cannot assure that it will provide this 6% return, but the Advisor will not be entitled to the subordinated participation in net sale proceeds unless the Company's investors have received a 6% cumulative non-compounded return on their capital contributions. No such amounts were incurred during the three and nine months ended September 30, 2013 or 2012.
If the Company is listed on an exchange, the Company will pay a subordinated incentive listing distribution of 15% of the amount by which the sum of the adjusted market value of real estate assets plus distributions exceeds the aggregate capital contributed by investors plus an amount equal to a 6% cumulative, pre-tax non-compounded annual return to investors. The Company cannot assure that it will provide this 6% return but the Advisor will not be entitled to the subordinated incentive listing fee unless investors have received a 6% cumulative, pre-tax non-compounded return on their capital contributions. No such amounts were incurred during three and nine months ended September 30, 2013 or 2012. Neither the Advisor nor any of its affiliates can earn both the subordination participation in the net proceeds and the subordinated incentive listing distribution. The subordinated incentive listing distribution will be paid in the form of a non-interest bearing promissory note that will be repaid from the net sale proceeds of each sale of a property, loan or other investment after the date of the listing.
The investment banking division of the Dealer Manager provides the Company with strategic and financial advice and assistance in connection with (i) a possible sale transaction involving the Company (ii) the possible listing of the Company’s securities on a national securities exchange, and (iii) a possible acquisition transaction involving the Company. The Dealer Manager will receive a listing advisory fee equal to the greatest of (i) an amount equal to 0.25% of Transaction Value (as defined above), (ii) $1.0 million and (iii) the highest fee payable to any co-bookrunner (or comparable person) in connection with the listing. If one of the above events does not occur, the Dealer Manager will receive a base advisory services fee of $1.0 million on the earlier of (a) the date the Dealer Manager resigns or is terminated for cause and (b) 18 months from the date of any other termination of this agreement by the Company. No such amounts were incurred during three and nine months ended September 30, 2013 or 2012.
Upon termination or non-renewal of the advisory agreement, the Advisor will receive distributions from the Company payable in the form of a non-interest bearing promissory note. In addition, the Advisor may elect to defer its right to receive a subordinated distribution upon termination until either a listing on a national securities exchange or other liquidity event occurs.

Economic_Dependency

Economic Dependency	9 Months Ended
Economic Dependency	Sep. 30, 2013
Economic Dependency [Abstract]	'
Economic Dependency	'
	Economic Dependency
	Under various agreements, the Company has engaged or will engage the Advisor and its affiliates and entities under common ownership with our Advisor, to provide certain services that are essential to the Company, including asset management services, supervision of the management and leasing of properties owned by the Company, asset acquisition and disposition decisions, transfer agency services, as well as other administrative responsibilities for the Company including accounting services, transaction management services and investor relations.
	As a result of these relationships, the Company is dependent upon the Advisor and its affiliates. In the event that these companies are unable to provide the Company with the respective services, the Company will be required to find alternative providers of these services.

ShareBased_Compensation

Share-Based Compensation	9 Months Ended
	Sep. 30, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Share-Based Compensation	'
	Share-Based Compensation
	Stock Option Plan
	The Company has a stock option plan (the "Plan") which authorizes the grant of nonqualified stock options to the Company's independent directors, officers, advisors, consultants and other personnel subject to the absolute discretion of the board of directors and the applicable limitations of the Plan. The exercise price for all stock options granted under the Plan is fixed at $10.00 per share. Once the Company begins calculating a fair market value of the common stock, the exercise price for stock options granted to the independent directors will be equal to the fair market value of a share on the last business day preceding the annual meeting of stockholders. A total of 0.5 million shares have been authorized and reserved for issuance under the Plan. As of September 30, 2013 and December 31, 2012, no stock options were issued under the Plan.
	Restricted Share Plan
	The Company has an employee and director incentive restricted share plan (the "RSP"), which provides for the automatic grant of 3,000 restricted shares of common stock to each of the independent directors, without any further action by the Company's board of directors or the stockholders, on the date of initial election to the board of directors and on the date of each annual stockholder's meeting. Restricted stock issued to independent directors will vest over a five-year period following the first anniversary of the date of grant in increments of 20% per annum. The RSP provides the Company with the ability to grant awards of restricted shares to the Company's directors, officers and employees (if the Company ever has employees), employees of the Advisor and its affiliates, employees of entities that provide services to the Company, directors of the Advisor or of entities that provide services to the Company, certain consultants to the Company and the Advisor and its affiliates or to entities that provide services to the Company. The total number of common shares granted under the RSP shall not exceed 5.0% of the Company's shares of common stock on a fully diluted basis at any time, and in any event will not exceed 7.5 million shares (as such number may be adjusted for stock splits, stock dividends, combinations and similar events).
	Restricted share awards entitle the recipient to receive shares of common stock from the Company under terms that provide for vesting over a specified period of time or upon attainment of pre-established performance objectives. Such awards would typically be forfeited with respect to the unvested shares upon the termination of the recipient's employment or other relationship with the Company. Restricted shares may not, in general, be sold or otherwise transferred until restrictions are removed and the shares have vested. Holders of restricted shares may receive cash distributions prior to the time that the restrictions on the restricted shares have lapsed. Any distributions payable in shares of common stock shall be subject to the same restrictions as the underlying restricted shares. The following table reflects restricted share award activity for the nine months ended September 30, 2013:


		Number of Restricted Shares			Weighted-Average Issue Price
	Unvested, December 31, 2012	16,800			$	9.46

	Granted	9,000			9

	Vested	(3,600	)		9.33

	Forfeitures	—			—

	Unvested, September 30, 2013	22,200			$	9.27

	The fair value of the restricted shares, based on the price per share in the IPO, excluding commissions, is being expensed over the vesting period of five years. Compensation expense related to restricted stock was approximately $13,000 and $9,000 for the three months ended September 30, 2013 and September 30, 2012, respectively. Compensation expense related to restricted stock was approximately $31,000 and $19,000 for the nine months ended September 30, 2013 and September 30, 2012, respectively.
	Other Share-Based Compensation
	The Company may issue common stock in lieu of cash to pay fees earned by the Company's directors at the respective director's election. There are no restrictions on the shares issued. The following table reflects the shares of common stock issued to directors in lieu of cash compensation:


			Nine Months Ended September 30,
			2013				2012
	Shares issued in lieu of cash		1,667				7,194

	Value of shares issued in lieu of cash (in thousands)		$	15			$	65

Net_Loss_Per_Share

Net Loss Per Share	9 Months Ended
Net Loss Per Share	Sep. 30, 2013
Earnings Per Share [Abstract]	'
Net Loss Per Share	'
	Net Loss Per Share
	The following is a summary of the basic and diluted net loss per share computation for the three and nine months ended September 30, 2013 and 2012:


		Three Months Ended September 30,							Nine Months Ended September 30,
		2013				2012			2013			2012
	Net loss attributable to stockholders (in thousands)	$	(5,475	)		$	(2,061	)	$	(12,339	)	$	(6,941	)
	Basic and diluted weighted average shares outstanding	178,231,121				28,039,573			142,163,876			18,634,509
	Basic and diluted weighted average shares outstanding	178,231,121				28,039,573			142,163,876			18,634,509
	Basic and diluted net loss per share attributable to stockholders	$	(0.03	)		$	(0.07	)	$	(0.09	)	$	(0.37	)
	The Company had the following common stock equivalents as of September 30, 2013 and 2012, which were excluded from the calculation of diluted loss per share attributable to stockholders as the effect would have been antidilutive:


		September 30,
		2013			2012
	Unvested restricted stock	22,200			16,800
	Unvested restricted stock	22,200			16,800
	OP Units	202			202
	OP Units	202			202
	Class B units	441,735			—
	Class B units	441,735			—
	Total common stock equivalents	464,137			17,002
	Total common stock equivalents	464,137			17,002

NonControlling_Interests

Non-Controlling Interests	9 Months Ended
	Sep. 30, 2013
Noncontrolling Interest [Abstract]	'
Non-Controlling Interests	'
	Non-Controlling Interests
	The Company is the sole general partner and holds a majority of all of the units of limited partner interests in the OP ("OP Units"). As of September 30, 2013 and December 31, 2012, the Advisor, a limited partner, held 202 OP Units, which represents a nominal percentage of the aggregate OP ownership. A holder of OP Units has the right to convert OP Units for the cash value of a corresponding number of shares of common stock or, at the option of the OP, a corresponding number of shares of common stock of the Company, in accordance with the limited partnership agreement of the OP. The remaining rights of the holders of OP Units are limited, however, and do not include the ability to replace the general partner or to approve the sale, purchase or refinancing of the OP's assets.
	The Company has investment arrangements with unaffiliated third parties whereby such investors receive an ownership interest in certain of the Company's property-owning subsidiaries and are entitled to receive a proportionate share of the net operating cash flow derived from the subsidiaries' property. Upon disposition of a property subject to non-controlling interest, the investor will receive a proportionate share of the net proceeds from the sale of the property. The investor has no recourse to any other assets of the Company. Due to the nature of the Company's involvement with each of the arrangements described in the table below and the significance of its investment in relation to the investment of the third parties, the Company has determined that it controls each entity in each of these arrangements and therefore the entities related to these arrangements are consolidated within the Company's financial statements. A non-controlling interest is recorded for each investors' ownership interest in the property.
	The following table summarizes the activity related to investment arrangements with unaffiliated third parties:


						As of September 30, 2013				Distributions
			Net		Non-Controlling	Net Real Estate Assets		Mortgage Notes Payables		Three Months Ended September 30,				Nine Months Ended September 30,
						Subject to		Subject to
	Property Name (Dollar amounts in thousands)	Investment	Investment		Ownership	Investment		Investment		2013		2012		2013		2012
		Date	Amount		Percentage	Agreement		Agreement
	Reliant Rehabilitation Hospital - Dallas	Nov. 2011	$	2,000	20%	$	32,061	$	24,850	$	41	$	41	$	122	$	126

	Odessa Regional Medical Center	Dec. 2011	33		1%	6,707		4,047		—		—		4		—

	Methodist North Medical Office Building	Dec. 2011	111		1%	22,952		13,544		—		—		12		—

	University of Wisconsin Medical Center	Mar. 2012	2,300		25%	8,816		5,039		47		47		140		149

	Total		$	4,444		$	70,536	$	47,480	$	88	$	88	$	278	$	275

Segment_Reporting

Segment Reporting	9 Months Ended
	Sep. 30, 2013
Segment Reporting [Abstract]	'
Segment Reporting	'
	Segment Reporting
	During the nine months ended September 30, 2013, the Company operated in two reportable business segments for management and internal financial reporting purposes: medical office buildings and senior living facilities. The Company did not own any senior living facilities and only operated in the medical office buildings segment during the three and nine months ended September 30, 2012.
	These operating segments are the segments of the Company for which separate financial information is available and for which segment results are evaluated in deciding how to allocate resources and in assessing performance. The medical office buildings segment primarily consists of investing in medical office buildings and leasing those properties to healthcare-related entities under long-term leases, which may require tenants to pay property-related expenses. The senior living facilities segment primarily consists of investments in senior housing communities located in the United States for which we engage independent third-party managers. The Company evaluates performance of the combined properties in each segment based on net operating income. Net operating income is defined as total revenues less property operating and maintenance expenses. There are no intersegment sales or transfers. The Company uses net operating income to evaluate the operating performance of real estate investments and to make decisions concerning the operation of the property. The Company believes 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 operating fees to affiliates, acquisition and transaction related expenses, general and administrative expenses, depreciation and amortization expense and interest expense. Additionally, net operating income as defined by the Company may not be comparable to net operating income as defined by other REITs or companies.
	For federal income tax purposes, we have elected to be taxed as a REIT beginning with our taxable year ended December 31, 2011. REIT status imposes limitations related to senior living facilities. Generally, to qualify as a REIT, we cannot directly operate senior living facilities. However, such facilities may generally be operated by a taxable REIT subsidiary ("TRS") pursuant to a lease with the Company. Therefore, the Company has formed multiple TRS subsidiaries under the OP to operate the senior living facilities pursuant to contracts with unaffiliated management companies. The Company's TRS entities incurred $0.4 million in federal and state income taxes for both the three and nine months ended September 30, 2013, respectively, which are included in general and administrative expenses on the accompanying consolidated statements of operations and comprehensive loss.
	The Company purchased its first senior living facility in November 2012 and owned five senior living facilities as of December of 2012. As of September 30, 2013, the Company owns and operates 22 senior living facilities through TRS subsidiaries. As of September 30, 2013, the Company owns one additional senior living facility that is included in the medical office building segment because it is leased and operated by a third party. The following tables reconciles the segment activity to consolidated net income for the three and nine months ended September 30, 2013:


			Three Months Ended								Nine Months Ended
			30-Sep-13								September 30, 2013
	(In thousands)		Medical Office Buildings			Senior Living Facilities		Consolidated			Medical Office Buildings		Senior Living Facilities		Consolidated
	Revenues:
	Rental income		$	16,073		$	13,212	$	29,285		$	42,906	$	23,251	$	66,157

	Operating expense reimbursements		2,859			—		2,859			7,522		—		7,522

	Resident services and fee income		—			2,003		2,003			—		3,083		3,083

	Total revenues		18,932			15,215		34,147			50,428		26,334		76,762


	Property operating and maintenance		3,472			10,468		13,940			8,892		17,684		26,576

	Net operating income		$	15,460		$	4,747	$	20,207		$	41,536	$	8,650	$	50,186

	Acquisition and transaction related							3,107							7,858

	General and administrative							1,429							2,928

	Depreciation and amortization							17,140							41,548

	Interest expense							4,350							10,754

	Income from investments							(317		)					(561		)
	Other income							(37		)					(48		)
	Net income attributable to non-controlling interests							10							46

	Net loss attributable to stockholders							$	(5,475	)					$	(12,339	)
	The following table reconciles the segment activity to consolidated total assets as of September 30, 2013 and December 31, 2012:


			September 30,			December 31,
	(In thousands)		2013			2012
	Assets
	Investments in real estate:
	Medical office buildings		$	1,066,401		$	571,078

	Senior living facilities		296,491			85,249

	Total reportable segments, net		1,362,892			656,327

	Cash and cash equivalents		308,911			13,869

	Restricted cash		1,244			127

	Investment securities, at fair value		16,584			—

	Receivable for sale of common stock		—			6,943

	Prepaid expenses and other assets		19,445			5,826

	Due from affiliate		4,670			190

	Deferred costs, net		21,887			7,386

Total assets		$	1,735,633		$	690,668

Subsequent_Events

Subsequent Events	9 Months Ended
	Sep. 30, 2013
Subsequent Events [Abstract]	'
Subsequent Events	'
	Subsequent Events
	The Company has evaluated subsequent events through the filing of this Quarterly Report on Form 10-Q, and determined that there have not been any events that have occurred that would require adjustments to disclosures in the consolidated financial statements except for the following transactions:
	Acquisitions
	The following table presents certain information about the properties that the Company acquired from October 1, 2013 to November 13, 2013:


		Number of Properties	Rentable	Base
			Square Feet	Purchase Price (1)
				(In thousands)
	Total portfolio as of September 30, 2013	103	5,108,682	$	1,409,404

	Acquisitions	5	366,402	106,129

	Total portfolio as of November 13, 2013	108	5,475,084	$	1,515,533

	________________________
	(1) Contract purchase price, excluding acquisition related costs.
	Property Damages
	On October 20, 2013, an electrical transformer malfunctioned at the Company's Cancer Care Partners property located in Mishiwaka Indiana, resulting in significant electrical damage within a portion of the building. Pursuant to the tenant's lease agreement, if the Company estimates that the amount of time to substantially complete repairs and restoration will exceed 270 days, the tenant has the right to terminate the lease within 20 days of the Company's notice of its estimate of substantial completion. The Company and tenant are currently in the process of estimating the cost and time to substantially repair and restore the property. While the Company believes the tenant's property and other insurance will significantly defray the cost of fixing any damage and compensating the Company for any loss, there can be no assurance that such insurance will be sufficient to compensate the Company for construction costs or lost revenue. The Company has not received notice of termination. The total annualized straight-line rental income from the property represents 1.2% of the Company's total annualized straight-line rental income as of September 30, 2013. While losses and expenses may be incurred, an estimate of the range of potential losses cannot be made, and no provisions for such losses have been recorded in the accompanying consolidated unaudited financial statements for the quarter ended September 30, 2013.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	9 Months Ended
Summary of Significant Accounting Policies (Policies)	Sep. 30, 2013
Accounting Policies [Abstract]	'
Recently Issued Accounting Pronouncements	'
	Recently Issued Accounting Pronouncements
	In December 2011, the Financial Accounting Standards Board ("FASB") issued guidance regarding disclosures about offsetting assets and liabilities, which requires entities to disclose information about offsetting and related arrangements to enable users of its financial statements to understand the effect of those arrangements on its financial position. The guidance is effective for fiscal years and interim periods beginning on or after January 1, 2013 with retrospective application for all comparative periods presented. The adoption of this guidance, which is related to disclosure only, did not have a material impact on the Company's consolidated financial position, results of operations or cash flows.
	In July 2012, the FASB issued revised guidance intended to simplify how an entity tests indefinite-lived intangible assets for impairment. The amendments will allow an entity first to assess qualitative factors to determine whether it is necessary to perform a quantitative impairment test. An entity will no longer be required to calculate the fair value of an indefinite-lived intangible asset and perform the quantitative test unless the entity determines, based on a qualitative assessment, that it is more likely than not that its fair value is less than its carrying amount. The amendments are effective for annual and interim indefinite-lived intangible asset impairment tests performed for fiscal years beginning after September 15, 2012. Early adoption is permitted. The adoption of this guidance did not have a material impact on the Company's consolidated financial position, results of operations or cash flows.
	In February 2013, the FASB issued guidance which requires an entity to provide information about the amounts reclassified out of accumulated other comprehensive income by component. The guidance is effective for annual and interim periods beginning after December 15, 2012 with early adoption permitted. The adoption of this guidance, which is related to disclosure only, did not have a material impact on the Company's consolidated financial position, results of operations or cash flows.
	In February 2013, the FASB issued new accounting guidance clarifying the accounting and disclosure requirements for obligations resulting from joint and several liability arrangements for which the total amount under the arrangement is fixed at the reporting date. The new guidance is effective for fiscal years, and interim periods within those fiscal years, beginning on or after December 15, 2013. The Company does not expect the adoption of this guidance to have a material impact on the Company's consolidated financial position, results of operations or cash flows.

Real_Estate_Investments_Tables

Real Estate Investments (Tables)	9 Months Ended
	Sep. 30, 2013
Real Estate [Abstract]	'
Assets and Liabilities Assumed	'
	The following table presents the allocation of the assets acquired and liabilities assumed during the nine months ended September 30, 2013 and 2012:


			Nine Months Ended September 30,
	(Dollar amounts in thousands)		2013				2012
	Real estate investments, at cost:
	Land		$	64,357			$	20,005

	Buildings, fixtures and improvements		595,820				241,490

	Construction in progress		4,819				—

	Total tangible assets		664,996				261,495

	Acquired intangibles:
	In-place leases		78,020				33,546

	Above-market lease assets		5,371				697

	Below-market lease liabilities		(4,272		)		(845		)
	Total assets acquired, net		744,115				294,893

	Mortgage notes payable assumed or used to acquire real estate investments		(39,192		)		(54,639		)
	Premiums on mortgages assumed		(692		)		(3,218		)
	Other liabilities assumed		(1,517		)		(530		)
	Cash paid for acquired real estate investments		$	702,714			$	236,506

	Number of properties purchased		53				22

Schedule of Real Estate Properties	'
	The following table reflects the number and related purchase prices of properties acquired, excluding land and related construction in progress, during the years ended December 31, 2012 and 2011 and for the nine months ended September 30, 2013:


			Number of Properties		Base Purchase Price
					(In thousands)
	Year ended December 31, 2011		14		$	164,485

	Year ended December 31, 2012		36		508,108

	Nine months ended September 30, 2013		53		736,811

	Total portfolio as of September 30, 2013		103		$	1,409,404

Proforma Revenue and Losses, Disclosure	'
	The following table presents unaudited pro forma information as if the acquisitions during the nine months ended September 30, 2013, had been consummated on January 1, 2012. Additionally, the unaudited pro forma net loss attributable to stockholders was adjusted to reclass acquisition and transaction related expense of $12.6 million from the nine months ended September 30, 2013 to the nine months ended September 30, 2012:


			Nine Months Ended September 30,
	(In thousands)		2013				2012
	Pro forma revenues		$	132,138			$	98,137

	Pro forma net loss attributable to stockholders		$	(136	)		$	(21,215	)
Schedule of Future Minimum Rental Payments for Operating Leases	'
	The following table presents future minimum base rental cash payments due to the Company over the next five years and thereafter. These amounts exclude contingent rent payments, as applicable, that may be collected from certain tenants based on provisions related to sales thresholds and increases in annual rent based on exceeding certain economic indexes among other items.


	(In thousands)		Future Minimum
			Base Rent Payments
	October 1, 2013 — December 31, 2013		$	21,033

	2014		84,938

	2015		85,773

	2016		86,013

	2017		84,515

	Thereafter		551,699

			$	913,971

Schedule of Annualized Rental Income by Major Tenants	'
	The following table lists the tenant (including for this purpose, all affiliates of such tenant) whose annualized rental income on a straight-line basis represented greater than 10% of total annualized rental income for all properties on a straight-line basis as of September 30, 2013 and 2012:


			September 30,
	Tenant		2013		2012
	UnitedHealth Group Incorporated		10.70%		*
	Reliant Rehabilitation		*		16.60%
	Aurora Medial Group, Inc		*		12.80%
	____________________________

	*	Tenant's annualized rental income on a straight-line basis was not greater than 10% of total annualized rental income for all portfolio properties as of the period specified.
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas	'
	The following table lists the states where the Company has concentrations of properties where annualized rental income on a straight-line basis represented greater than 10% of consolidated annualized rental income on a straight-line basis as of September 30, 2013 and 2012:


			September 30,
	State		2013		2012
	Florida		11.40%		*
	Georgia		16.60%		*
	Nevada		*		13.40%
	Oregon		18.40%		*
	Texas		*		36.70%
	Wisconsin		*		14.60%
	____________________________

	*	State's annualized rental income on a straight-line basis was not greater than 10% of total annualized rental income for all portfolio properties as of the period specified.

Investment_Securities_Tables

Investment Securities (Tables)

9 Months Ended

Sep. 30, 2013

Investment Securities [Abstract]

Schedule of Available-for-sale Securities Reconciliation

The following table details the unrealized gains and losses on investment securities as of September 30, 2013. The Company did not have any such investments as of December 31, 2012.

September 30, 2013

(In thousands)

Cost

Gross Unrealized Gains

Gross Unrealized Losses

Fair Value

Investment securities

19,448

—

(2,864

)

16,584

Mortgage_Notes_Payable_Tables

Mortgage Notes Payable (Tables)	9 Months Ended
	Sep. 30, 2013
Debt Disclosure [Abstract]	'
Schedule of Mortgage Notes Payable	'
	The Company's mortgage notes payable as of September 30, 2013 and December 31, 2012 consist of the following:


					Outstanding Loan Amount as of				Effective Interest Rate

	Portfolio		Encumbered Properties		September 30, 2013		December 31, 2012					Interest Rate	Maturity
					(In thousands)		(In thousands)
	Texarkana		1		$	2,155	$	2,187	5.58	%		Fixed	Jun. 2016

	Carson Tahoe Specialty Medical Plaza (1)		3		21,751		21,751		5.08	%		Fixed	Sep. 2015

	Durango Medical Plaza (1)		1		17,172		17,172		5.08	%		Fixed	Sep. 2015

	CareMeridian Rehabilitation Facility - Phoenix (1)		1		6,936		6,936		5.08	%		Fixed	Sep. 2015

	Reliant Rehabilitation Hospital - Dallas (1)		1		24,850		24,850		5.15	%		Fixed	Sep. 2015

	Global Rehabilitation Hospital (1)		1		12,714		12,714		5.15	%		Fixed	Sep. 2015

	Spring Creek Medical Plaza (1)		1		7,477		7,477		5.15	%		Fixed	Sep. 2015

	Odessa Regional Medical Center		1		4,047		4,047		4.09	%	(2)	Fixed	Dec. 2016

	Methodist North Medical Office Building		1		13,544		13,544		3.99	%	(2)	Fixed	Dec. 2016

	University of Wisconsin Medical Center		1		5,039		5,039		4	%		Fixed	Apr. 2017

	Reliant Rehabilitation Hospital-Houston (1)		1		13,437		13,437		4.98	%		Fixed	Sep. 2015

	Village Healthcare Center (1)		1		1,906		1,906		4.98	%		Fixed	Sep. 2015

	Mercy Health Plaza		1		5,500		5,500		4.11	%		Fixed	Sep. 2017

	East Pointe Medical Office Building		1		5,260		5,260		4.11	%		Fixed	Sep. 2017

	Unitron Hearing Building		1		4,000		4,000		4.11	%		Fixed	Sep. 2017

	Carson Tahoe Medical Office Building		1		4,675		4,675		3.88	%	(2)	Fixed	Jun. 2017

	Aurora Health Care Portfolio		3		49,600		49,600		5.6	%		Fixed	Jan. 2017

	Princeton Village - Pacific Northwest Senior Living Facility Portfolio		1		3,137		—		7.48	%		Fixed	Jan. 2031

	Pelican Pointe - Pacific Northwest Senior Living Facility Portfolio		1		12,507		—		5.16	%		Fixed	Apr. 2022

	Fayetteville Community Hospital		1		7,028		—		5.18	%		Fixed	Sep. 2015

	Anderson - Benton House Senior Living Facility Portfolio		1		8,182		—		4.86	%		Fixed	Dec. 2018

	Covington - Benton House Senior Living Facility Portfolio		1		8,150		—		5.26	%		Fixed	May-19

	Total		26		$	239,067	$	200,095	5.05	%	(3)

	_____________________________________

	-1	These mortgages, aggregating $106.2 million, represent the first, second and third tranches of a multi-tranche mortgage loan agreement to provide funding for a portfolio of eight properties. The mortgages for each of the properties are cross-collateralized with one another and in the event that the Company defaults on one of the mortgages, the lender may look to the other properties as collateral.

	-2	Fixed as a result of entering into a swap agreement.

	-3	Calculated on a weighted average basis for all mortgages outstanding as of September 30, 2013.
Schedule of Aggregate Principal Payments of Mortgages	'
	The following table summarizes the scheduled aggregate principal payments on mortgage notes payable for the five years subsequent to September 30, 2013:


	(In thousands)		Future Principal
			Payments
	October 1, 2013 — December 31, 2013		$	185

	2014		762

	2015		113,683

	2016		20,239

	2017		74,715

	Thereafter		29,483

			$	239,067

Fair_Value_of_Financial_Instru1

Fair Value of Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2013
Fair Value Disclosures [Abstract]	'
Schedule of Fair Value, Liabilities Measured on Recurring Basis	'
	The following table presents information about the Company's assets and liabilities (including derivatives that are presented net) measured at fair value on a recurring basis as of September 30, 2013 and December 31, 2012, aggregated by the level in the fair value hierarchy within which those instruments fall.


	(In thousands)	Quoted Prices in Active Markets				Significant Other Observable Inputs				Significant Unobservable Inputs				Total
		Level 1				Level 2				Level 3
	September 30, 2013
	Interest rate swaps	$	—			$	(376	)		$	—			$	(376	)

	Investment securities	$	16,584			$	—			$	—			$	16,584

	December 31, 2012
	Interest rate swaps	$	—			$	(643	)		$	—			$	(643	)

Fair Value, by Balance Sheet Grouping	'
	The fair values of the Company's remaining financial instruments that are not reported at fair value on the consolidated balance sheets are reported below.


				Carrying Amount at				Fair Value at				Carrying Amount at				Fair Value at
	(In thousands)	Level		September 30, 2013				September 30, 2013				December 31, 2012				December 31, 2012
	Mortgage notes payable and premiums, net	3		$	242,069			$	245,620			$	202,998			$	209,906

	Credit facility	3		$	—			$	—			$	26,000			$	26,000

	Note payable	3		$	—			$	—			$	2,500			$	2,851

Derivatives_and_Hedging_Activi1

Derivatives and Hedging Activities (Tables)	9 Months Ended
Derivatives and Hedging Activities (Tables)	Sep. 30, 2013
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
Schedule of Interest Rate Derivatives	'
	As of September 30, 2013 and December 31, 2012, the Company had the following outstanding interest rate derivatives that were designated as a cash flow hedge of interest rate risk:


		September 30, 2013						December 31, 2012
	Interest Rate Derivative	Number of		Notional Amount				Number of		Notional Amount
	Interest Rate Derivative	Instruments		Notional Amount				Instruments		Notional Amount
				(In thousands)						(In thousands)
	Interest rate swaps	3		$	22,266			3		$	22,266
	Interest rate swaps	3		$	22,266			3		$	22,266
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value	'
	The table below presents the fair value of the Company's derivative financial instruments as well as their classification on the balance sheets as of September 30, 2013 and December 31, 2012:


	(In thousands)	Balance Sheet Location		September 30, 2013				December 31, 2012
	Derivatives designated as hedging instruments:
	Interest Rate Swaps	Derivatives, at fair value		$	(376	)		$	(643	)
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance	'
	The table below details the location in the financial statements of the gain or loss recognized on interest rate derivatives designated as cash flow hedges for the three and nine months ended September 30, 2013 and 2012:


		Three Months Ended September 30,								Nine Months Ended September 30,
	(In thousands)	2013				2012				2013			2012
	Amount of income (loss) recognized in accumulated other comprehensive loss from interest rate derivatives (effective portion)	$	(139	)		$	(206	)		$	83		$	(610	)
		$	(139	)		$	(206	)		$	83		$	(610	)
	Amount of loss reclassified from accumulated other comprehensive loss into income as interest expense (effective portion)	$	(62	)		$	(60	)		$	(183	)	$	(166	)
	Amount of gain (loss) recognized in income on derivative instruments (ineffective portion and amount excluded from effectiveness testing)	$	—			$	—			$	—		$	—
		$	—			$	—			$	—		$	—
Offsetting Liabilities	'
	The table below presents a gross presentation, the effects of offsetting, and a net presentation of the Company's derivatives as of September 30, 2013 and December 31, 2012. The net amounts of derivative assets or liabilities can be reconciled to the tabular disclosure of fair value. The table below provides the location that the fair value of derivative assets and liabilities are presented on the accompanying consolidated balance sheets:


													Gross Amounts Not Offset on the Balance Sheet
	Derivatives (In thousands)	Gross Amounts of Recognized Liabilities				Gross Amounts Offset on the Balance Sheet				Net Amounts of Liabilities presented on the Balance Sheet			Financial Instruments			Cash Collateral Posted		Net Amount
	September 30, 2013	$	(376	)		$	—			$	(376	)	$	—		$	—	$	(376	)
	September 30, 2013	$	(376	)		$	—			$	(376	)	$	—		$	—	$	(376	)
	December 31, 2012	$	(643	)		$	—			$	(643	)	$	—		$	—	$	(643	)
	December 31, 2012	$	(643	)		$	—			$	(643	)	$	—		$	—	$	(643	)

Common_Stock_Tables

Common Stock (Tables)	9 Months Ended
	Sep. 30, 2013
Common Stock [Abstract]	'
Schedule of Treasury Stock by Class	'
	The following table reflects the number of shares repurchased under the Company's Share Repurchase Program cumulatively through September 30, 2013:


			Number of Requests	Number of Shares Repurchased	Average Price per Share
	Cumulative repurchase requests as of December 31, 2012		30	114,602	$	9.84

	Nine months ended September 30, 2013 (1)		67	204,561	9.75

	Cumulative repurchase requests as of September 30, 2013 (1)		97	319,163	$	9.78

	_____________________________

	-1	Includes 25 unfulfilled repurchase requests consisting of 63,867 shares at an average price per share of $9.70, which were approved for repurchase as of September 30, 2013 and completed in October 2013. This liability is included in accounts payable and accrued expenses on the Company's consolidated balance sheet.

Commitments_and_Contingencies_

Commitments and Contingencies (Tables)	9 Months Ended
	Sep. 30, 2013
Commitments and Contingencies Disclosure [Abstract]	'
Schedule of Future Minimum Rental Payments for Operating Leases	'
	The following table reflects the minimum base cash rental payments due from the Company over the next five years and thereafter. These amounts exclude contingent rent payments, as applicable, that may be payable based on provisions related to increases in annual rent based on exceeding certain economic indexes among other items.


	(In thousands)	Future Minimum
		Base Rent Payments
	October 1, 2013 — December 31, 2013	$	95

	2014	338

	2015	345

	2016	351

	2017	358

	Thereafter	16,558

		$	18,045

Related_Party_Transactions_and1

Related Party Transactions and Arrangements (Tables)	9 Months Ended
	Sep. 30, 2013
Related Party Transactions [Abstract]	'
Schedule of Selling Commissions and Dealer Manager Fees Payable to Affiliate	'
	The following table details total selling commissions and dealer manager fees incurred from and due to the Dealer Manager as of and for the periods presented:


		Three Months Ended						Nine Months Ended				Payable as of
		September 30,						September 30,				September 30,		December 31,
	(In thousands)	2013				2012		2013		2012		2013		2012
	Total commissions and fees incurred from the Dealer Manager	$	(48	)	(1)	$	10,970	$	117,377	$	26,315	$	—	$	625

Schedule Of Offering Costs Reimbursements to Related Party	'
	The following table details offering costs and reimbursements incurred from and due to the Advisor and Dealer Manager as of and for the periods presented:


		Three Months Ended						Nine Months Ended				Payable as of
		September 30,						September 30,				September 30,		December 31,
	(In thousands)	2013				2012		2013		2012		2013		2012
	Fees and expense reimbursements incurred from the Advisor and Dealer Manager	$	—			$	4,057	$	1,901	$	7,143	$	—	$	73

Schedule of Amount Contractually Due and Forgiven in Connection With Operation Related Services	'
	The following table details amounts incurred, forgiven and payable to related parties in connection with the Company's operations-related services described above as of and for the periods presented:


		Three Months Ended September 30,										Nine Months Ended September 30,								Payable (Receivable) as of
		2013						2012				2013				2012				September 30,			December 31,
	(In thousands)	Incurred				Forgiven		Incurred		Forgiven		Incurred		Forgiven		Incurred		Forgiven		2013			2012
	One-time fees and reimbursements:
	Acquisition fees and related cost reimbursements, net(1)	$	697			$	—	$	1,678	$	—	$	3,577	$	—	$	4,517	$	—	$	(4,670	)	$	143

	Transaction fee	306				—		—		—		306		—		—		—		306			—

	Financing coordination fees	7,784				—		644		—		7,942		—		1,382		—		—			—

	Other expense reimbursements	—				—		81		—		19		—		133		—		—			—

	Ongoing fees:

	Asset management fees(2)	—				—		371		387		—		—		987		597		—			—

	Property management and leasing fees	—				370		—		130		—		861		—		271		—			—

	Transfer agent and other professional fees	621				—		—		—		847		—		—		—		202			—

	Strategic advisory fees	—				—		—		—		920		—		—		—		—			—

	Distributions on Class B Units	63				—		—		—		117		—		—		—		—			—

	Total related party operation fees and reimbursements	$	9,471			$	370	$	2,774	$	517	$	13,728	$	861	$	7,019	$	868	$	(4,162	)	$	143

	_____________________________

ShareBased_Compensation_Tables

Share-Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Schedule of Share-based Compensation, Activity	'
	The following table reflects restricted share award activity for the nine months ended September 30, 2013:


		Number of Restricted Shares			Weighted-Average Issue Price
	Unvested, December 31, 2012	16,800			$	9.46

	Granted	9,000			9

	Vested	(3,600	)		9.33

	Forfeitures	—			—

	Unvested, September 30, 2013	22,200			$	9.27

Schedule of Share-based Compensation, Activity for Services	'
	The following table reflects the shares of common stock issued to directors in lieu of cash compensation:


			Nine Months Ended September 30,
			2013				2012
	Shares issued in lieu of cash		1,667				7,194

	Value of shares issued in lieu of cash (in thousands)		$	15			$	65

Net_Loss_Per_Share_Tables

Net Loss Per Share (Tables)	9 Months Ended
Net Loss Per Share (Tables)	Sep. 30, 2013
Earnings Per Share [Abstract]	'
Schedule of Earnings Per Share, Basic and Diluted	'
	The following is a summary of the basic and diluted net loss per share computation for the three and nine months ended September 30, 2013 and 2012:


		Three Months Ended September 30,							Nine Months Ended September 30,
		2013				2012			2013			2012
	Net loss attributable to stockholders (in thousands)	$	(5,475	)		$	(2,061	)	$	(12,339	)	$	(6,941	)
	Basic and diluted weighted average shares outstanding	178,231,121				28,039,573			142,163,876			18,634,509
	Basic and diluted weighted average shares outstanding	178,231,121				28,039,573			142,163,876			18,634,509
	Basic and diluted net loss per share attributable to stockholders	$	(0.03	)		$	(0.07	)	$	(0.09	)	$	(0.37	)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	'
	The Company had the following common stock equivalents as of September 30, 2013 and 2012, which were excluded from the calculation of diluted loss per share attributable to stockholders as the effect would have been antidilutive:


		September 30,
		2013			2012
	Unvested restricted stock	22,200			16,800
	Unvested restricted stock	22,200			16,800
	OP Units	202			202
	OP Units	202			202
	Class B units	441,735			—
	Class B units	441,735			—
	Total common stock equivalents	464,137			17,002
	Total common stock equivalents	464,137			17,002

NonControlling_Interests_Table

Non-Controlling Interests (Tables)	9 Months Ended
	Sep. 30, 2013
Noncontrolling Interest [Abstract]	'
Schedule of Noncontrolling Interests	'
	The following table summarizes the activity related to investment arrangements with unaffiliated third parties:


						As of September 30, 2013				Distributions
			Net		Non-Controlling	Net Real Estate Assets		Mortgage Notes Payables		Three Months Ended September 30,				Nine Months Ended September 30,
						Subject to		Subject to
	Property Name (Dollar amounts in thousands)	Investment	Investment		Ownership	Investment		Investment		2013		2012		2013		2012
		Date	Amount		Percentage	Agreement		Agreement
	Reliant Rehabilitation Hospital - Dallas	Nov. 2011	$	2,000	20%	$	32,061	$	24,850	$	41	$	41	$	122	$	126

	Odessa Regional Medical Center	Dec. 2011	33		1%	6,707		4,047		—		—		4		—

	Methodist North Medical Office Building	Dec. 2011	111		1%	22,952		13,544		—		—		12		—

	University of Wisconsin Medical Center	Mar. 2012	2,300		25%	8,816		5,039		47		47		140		149

	Total		$	4,444		$	70,536	$	47,480	$	88	$	88	$	278	$	275

Segment_Reporting_Tables

Segment Reporting (Tables)	9 Months Ended
	Sep. 30, 2013
Segment Reporting [Abstract]	'
Schedule of Segment Reporting Information, by Segment	'
	The following tables reconciles the segment activity to consolidated net income for the three and nine months ended September 30, 2013:


		Three Months Ended							Nine Months Ended
		30-Sep-13							September 30, 2013
	(In thousands)	Medical Office Buildings		Senior Living Facilities		Consolidated			Medical Office Buildings		Senior Living Facilities		Consolidated
	Revenues:
	Rental income	$	16,073	$	13,212	$	29,285		$	42,906	$	23,251	$	66,157

	Operating expense reimbursements	2,859		—		2,859			7,522		—		7,522

	Resident services and fee income	—		2,003		2,003			—		3,083		3,083

	Total revenues	18,932		15,215		34,147			50,428		26,334		76,762


	Property operating and maintenance	3,472		10,468		13,940			8,892		17,684		26,576

	Net operating income	$	15,460	$	4,747	$	20,207		$	41,536	$	8,650	$	50,186

	Acquisition and transaction related					3,107							7,858

	General and administrative					1,429							2,928

	Depreciation and amortization					17,140							41,548

	Interest expense					4,350							10,754

	Income from investments					(317		)					(561		)
	Other income					(37		)					(48		)
	Net income attributable to non-controlling interests					10							46

	Net loss attributable to stockholders					$	(5,475	)					$	(12,339	)
	The following table reconciles the segment activity to consolidated total assets as of September 30, 2013 and December 31, 2012:


		September 30,		December 31,
	(In thousands)	2013		2012
	Assets
	Investments in real estate:
	Medical office buildings	$	1,066,401	$	571,078

	Senior living facilities	296,491		85,249

	Total reportable segments, net	1,362,892		656,327

	Cash and cash equivalents	308,911		13,869

	Restricted cash	1,244		127

	Investment securities, at fair value	16,584		—

	Receivable for sale of common stock	—		6,943

	Prepaid expenses and other assets	19,445		5,826

	Due from affiliate	4,670		190

	Deferred costs, net	21,887		7,386

	Total assets	$	1,735,633	$	690,668

Subsequent_Events_Tables

Subsequent Events (Tables)	9 Months Ended
	Sep. 30, 2013
Subsequent Events [Abstract]	'
Schedule of Real Estate Properties	'
	The following table presents certain information about the properties that the Company acquired from October 1, 2013 to November 13, 2013:


		Number of Properties	Rentable	Base
			Square Feet	Purchase Price (1)
				(In thousands)
	Total portfolio as of September 30, 2013	103	5,108,682	$	1,409,404

	Acquisitions	5	366,402	106,129

	Total portfolio as of November 13, 2013	108	5,475,084	$	1,515,533

	________________________
	(1) Contract purchase price, excluding acquisition related costs.

Organization_Details

Organization (Details) (USD $)

9 Months Ended

28 Months Ended

37 Months Ended

31 Months Ended

Sep. 30, 2013

Sep. 30, 2012

Dec. 31, 2012

Sep. 30, 2013

Feb. 18, 2011

Apr. 01, 2013

Sep. 30, 2013

Apr. 30, 2013

Apr. 12, 2013

Feb. 18, 2011

sqft

Common Stock [Member]

property

Minimum [Member]

Operations [Line Items]

Stock Available for Issuance, Shares, Initial Public Offering

150,000,000

Common stock, par value, in dollars per share

$0.01

Shares issued or available for issuance under initial public offering, price per share

$10

Stock Available for Issuance, Shares, Dividend Reinvestment Plan

25,000,000

Shares issued or available for issuance under a distribution reinvestment plan, price per share

$9.50

Percent of estimated value of a share of common stock

95.00%

Stock Issued During Period, Shares, Dividend Reinvestment Plan

1,200,000

SharesReallocatedFromDRIPtoPrimaryIPO

23,800,000

Common stock, shares outstanding

178,785,756

55,584,641

178,785,756

Proceeds from issuance of common stock

$1,196,900,000

$262,687,000

$553,000,000

$1,800,000,000

Aggregate value of all issuances and subscriptions of common stock outstanding

1,800,000,000

Number of properties owned

103

Aggregate purchase price of real estate properties

$1,409,404,000

[1]

$1,409,404,000

[1]

Square Feet

5,108,682

[1]

Contract purchase price, excluding acquisition related costs.

Real_Estate_Investments_Schedu

Real Estate Investments (Schedule of Assets and Liabilities Assumed) (Details) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
	property	property
Real estate investments, at cost:	'	'
Land	$64,357	$20,005
Buildings, fixtures and improvements	595,820	241,490
Construction in progress	4,819	0
Total tangible assets	664,996	261,495
Total assets acquired, net	744,115	294,893
Mortgage notes payable assumed or used to acquire real estate investments	-39,192	-54,639
Premiums on mortgages assumed	-692	-3,218
Other liabilities assumed	-1,517	-530
Cash paid for acquired real estate investments	702,714	236,506
Number of properties purchased	53	22
In-place leases	'	'
Real estate investments, at cost:	'	'
Acquired intangibles:	78,020	33,546
Above-market lease assets	'	'
Real estate investments, at cost:	'	'
Acquired intangibles:	5,371	697
Below-market lease liabilities	'	'
Real estate investments, at cost:	'	'
Acquired intangibles:	($4,272)	($845)

Real_Estate_Investments_Schedu1

Real Estate Investments (Schedule of Real Estate Properties) (Details) (USD $)	9 Months Ended	12 Months Ended		37 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012	Dec. 31, 2011	Sep. 30, 2013
	property	property	property	property
Income Statement [Abstract]	'	'	'	'
Number of Properties	53	36	14	103
Base Purchase Price (in thousands)	$736,811	$508,108	$164,485	$1,409,404

Real_Estate_Investments_Schedu2

Real Estate Investments (Schedule of Pro Forma Revenues and Losses) (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Real Estate [Abstract]	'	'	'	'
Business Combination, Acquisition Related Costs, Gross	'	'	$12,600,000	'
Acquisition and transaction related	3,107,000	1,787,000	7,858,000	5,281,000
Pro forma revenues	'	'	132,138,000	98,137,000
Pro forma net loss attributable to stockholders	'	'	($136,000)	($21,215,000)

Real_Estate_Investments_Schedu3

Real Estate Investments (Schedule of Future Minimum Rental Payments for Operating Leases) (Details) (USD $)	Sep. 30, 2013
In Thousands, unless otherwise specified	Sep. 30, 2013
Real Estate [Abstract]	'
October 1, 2013 b December 31, 2013	$21,033
2014	84,938
2015	85,773
2016	86,013
2017	84,515
Thereafter	551,699
Operating Leases, Future Minimum Payments Receivable	$913,971

Real_Estate_Investments_Schedu4

Real Estate Investments (Schedule of Annualized Rental Income by Major Tenants) (Details)	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2012
	UnitedHealth Group Incorporated [Member]	Reliant Rehabilitation [Member]	Aurora Medical Group, Inc. [Member]
Revenue, Major Customer [Line Items]	'	'	'
Major tenant rental income, as a percentage of total annualized rental income	10.70%	16.60%	12.80%

Real_Estate_Investments_Schedu5

Real Estate Investments (Schedule of Revenue from External Customers and Long-Lived Assets, by Geographic Areas) (Details)	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2012
	Florida	Georgia	Nevada	Oregon	Texas	Wisconsin
Revenues from External Customers and Long-Lived Assets [Line Items]	'	'	'	'	'	'
Entity Wide Revenue, Major State, Percentage	11.40%	16.60%	13.40%	18.40%	36.70%	14.60%

Investment_Securities_Details

Investment Securities (Details) (USD $)	9 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Schedule of Available-for-sale Securities [Line Items]	'	'
Investment securities	$16,584	$0
Available-for-sale Equity Securities, Amortized Cost Basis	19,448	0
Available-for-sale Securities, Gross Unrealized Gain	0	0
Available-for-sale Securities, Gross Unrealized Loss	($2,864)	$0
Redeemable Preferred Stock [Member]	'	'
Schedule of Available-for-sale Securities [Line Items]	'	'
Available For Sale Equity Securites, Weighted Average Maturity	'23 years 1 month 6 days	'
Available For Sale Equity Securites, Weighted Average Interest Rate	6.80%	'

Credit_Facility_Details

Credit Facility (Details) (USD $)

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2011

Oct. 25, 2012

Jul. 24, 2013

Jul. 25, 2013

Sep. 30, 2013

Jul. 24, 2013

Oct. 25, 2012

25-May-12

Oct. 25, 2012

Jul. 25, 2013

Oct. 25, 2012

Jul. 25, 2013

Jul. 24, 2013

Jul. 25, 2013

extension_options

KeyBank, National Association [Member]

Term Loan [Member]

Credit facility

Corporate Leverage Ratio [Member]

Credit Rating, Major Credit Rating Agencies [Member]

Above Threshold [Member]

Below Threshold [Member]

Subfacility [Member]

Credit facility

Credit Facility [Member]

KeyBank, National Association [Member]

Maximum [Member]

LIBOR [Member]

Base Rate [Member]

Federal Funds Effective Rate Plus [Member]

One-Month LIBOR [Member] [Member]

Maximum [Member]

Credit facility

Maximum [Member]

Credit facility

Line of Credit Facility, Interest Rate, Option One [Member]

Line of Credit Facility, Interest Rate, Option Two [Member]

Line of Credit Facility, Base Rate, Option Two [Member]

Line of Credit Facility, Base Rate, Option Three [Member] [Member]

Maximum [Member]

LIBOR [Member]

Base Rate [Member]

LIBOR [Member]

Base Rate [Member]

Maximum [Member]

Minimum [Member]

Maximum [Member]

Minimum [Member]

Line of Credit Facility, Interest Rate, Option One [Member]

Line of Credit Facility, Interest Rate, Option Two [Member]

Line of Credit Facility, Interest Rate, Option One [Member]

Line of Credit Facility, Interest Rate, Option Two [Member]

Maximum [Member]

Minimum [Member]

Maximum [Member]

Minimum [Member]

Maximum [Member]

Minimum [Member]

Maximum [Member]

Minimum [Member]

Line of Credit Facility [Line Items]

Maximum capacity on credit facility

$25,000,000

$200,000,000

$50,000,000

$755,000,000

$500,000,000

$255,000,000

Line of Credit Facility, Additional Borrowing Capacity, Accordion Feature

400,000,000

1,200,000,000

750,000,000

450,000,000

Spread on variable rate basis

3.00%

2.00%

1.75%

0.75%

0.50%

1.00%

2.20%

1.60%

0.95%

0.35%

1.70%

0.95%

0.70%

0.00%

Unused capacity, commitment fee percentage

0.30%

0.20%

Commitment fee percentage, threshold, unused capacity as a percentage of current capacity

50.00%

Number of Extension Options

Extension option of credit facility

'1 year

Credit facility

26,000,000

Debt Instrument, Unused Borrowing Capacity, Amount

$185,600,000

Note_Payable_Details

Note Payable (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2011	Sep. 30, 2011
In Thousands, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012	extension_options	Notes Payable, Other Payables [Member]
Debt Instrument [Line Items]	'	'	'	'
Note payable, face amount	$0	$2,500	'	$2,500
Fixed rate of interest on note payable	'	'	'	8.00%
Number of Extension Options	'	'	2	'
Term of extension option	'	'	'	'1 year
Notice period required for mandatory repayment	'	'	'	'60 days

Mortgage_Notes_Payable_Schedul

Mortgage Notes Payable (Schedule of Mortgage Notes Payable) (Details) (USD $)	Sep. 30, 2013		Dec. 31, 2012
In Thousands, unless otherwise specified	Sep. 30, 2013		Dec. 31, 2012
Debt Instrument [Line Items]	'		'
Outstanding Loan Amount	$239,067		$200,095
Mortgage notes payable and premiums, net	'		'
Debt Instrument [Line Items]	'		'
Encumbered Properties, in properties	26		'
Outstanding Loan Amount	239,067		200,095
Effective Interest Rate, Weighted Average	5.05%	[1]	'
Mortgage notes payable and premiums, net \| Multi Tranche Mortgage Loan [Member]	'		'
Debt Instrument [Line Items]	'		'
Number of properties under multi-tranche loan	8		'
Mortgage notes payable and premiums, net \| Multi Tranche Mortgage Loan, First, Second and Third Tranche [Member]	'		'
Debt Instrument [Line Items]	'		'
Outstanding Loan Amount	106,200		'
Mortgage notes payable and premiums, net \| Texarkana	'		'
Debt Instrument [Line Items]	'		'
Encumbered Properties, in properties	1		'
Outstanding Loan Amount	2,155		2,187
Effective Interest Rate	5.58%		'
Mortgage notes payable and premiums, net \| Carson Tahoe Specialty Medical Plaza (1)	'		'
Debt Instrument [Line Items]	'		'
Encumbered Properties, in properties	3	[2]	'
Outstanding Loan Amount	21,751	[2]	21,751	[2]
Effective Interest Rate	5.08%	[2]	'
Mortgage notes payable and premiums, net \| Durango Medical Plaza (1)	'		'
Debt Instrument [Line Items]	'		'
Encumbered Properties, in properties	1	[2]	'
Outstanding Loan Amount	17,172	[2]	17,172	[2]
Effective Interest Rate	5.08%	[2]	'
Mortgage notes payable and premiums, net \| CareMeridian Rehabilitation Facility - Phoenix (1)	'		'
Debt Instrument [Line Items]	'		'
Encumbered Properties, in properties	1	[2]	'
Outstanding Loan Amount	6,936	[2]	6,936	[2]
Effective Interest Rate	5.08%	[2]	'
Mortgage notes payable and premiums, net \| Reliant Rehabilitation Hospital - Dallas	'		'
Debt Instrument [Line Items]	'		'
Encumbered Properties, in properties	1	[2]	'
Outstanding Loan Amount	24,850	[2]	24,850	[2]
Effective Interest Rate	5.15%	[2]	'
Mortgage notes payable and premiums, net \| Global Rehabilitation Hospital (1)	'		'
Debt Instrument [Line Items]	'		'
Encumbered Properties, in properties	1	[2]	'
Outstanding Loan Amount	12,714	[2]	12,714	[2]
Effective Interest Rate	5.15%	[2]	'
Mortgage notes payable and premiums, net \| Spring Creek Medical Plaza (1)	'		'
Debt Instrument [Line Items]	'		'
Encumbered Properties, in properties	1	[2]	'
Outstanding Loan Amount	7,477	[2]	7,477	[2]
Effective Interest Rate	5.15%	[2]	'
Mortgage notes payable and premiums, net \| Odessa Regional Medical Center	'		'
Debt Instrument [Line Items]	'		'
Encumbered Properties, in properties	1		'
Outstanding Loan Amount	4,047		4,047
Effective Interest Rate	4.09%	[3]	'
Mortgage notes payable and premiums, net \| Methodist North Medical Office Building	'		'
Debt Instrument [Line Items]	'		'
Encumbered Properties, in properties	1		'
Outstanding Loan Amount	13,544		13,544
Effective Interest Rate	3.99%	[3]	'
Mortgage notes payable and premiums, net \| University of Wisconsin Medical Center	'		'
Debt Instrument [Line Items]	'		'
Encumbered Properties, in properties	1		'
Outstanding Loan Amount	5,039		5,039
Effective Interest Rate	4.00%		'
Mortgage notes payable and premiums, net \| Reliant Rehabilitation Hospital-Houston (1)	'		'
Debt Instrument [Line Items]	'		'
Encumbered Properties, in properties	1	[2]	'
Outstanding Loan Amount	13,437	[2]	13,437	[2]
Effective Interest Rate	4.98%	[2]	'
Mortgage notes payable and premiums, net \| Village Healthcare Center (1)	'		'
Debt Instrument [Line Items]	'		'
Encumbered Properties, in properties	1	[2]	'
Outstanding Loan Amount	1,906	[2]	1,906	[2]
Effective Interest Rate	4.98%	[2]	'
Mortgage notes payable and premiums, net \| Mercy Health Plaza	'		'
Debt Instrument [Line Items]	'		'
Encumbered Properties, in properties	1		'
Outstanding Loan Amount	5,500		5,500
Effective Interest Rate	4.11%		'
Mortgage notes payable and premiums, net \| East Pointe Medical Office Building	'		'
Debt Instrument [Line Items]	'		'
Encumbered Properties, in properties	1		'
Outstanding Loan Amount	5,260		5,260
Effective Interest Rate	4.11%		'
Mortgage notes payable and premiums, net \| Unitron Hearing Building	'		'
Debt Instrument [Line Items]	'		'
Encumbered Properties, in properties	1		'
Outstanding Loan Amount	4,000		4,000
Effective Interest Rate	4.11%		'
Mortgage notes payable and premiums, net \| Carson Tahoe Medical Office Building	'		'
Debt Instrument [Line Items]	'		'
Encumbered Properties, in properties	1		'
Outstanding Loan Amount	4,675		4,675
Effective Interest Rate	3.88%	[3]	'
Mortgage notes payable and premiums, net \| Aurora Health Care Portfolio	'		'
Debt Instrument [Line Items]	'		'
Encumbered Properties, in properties	3		'
Outstanding Loan Amount	49,600		49,600
Effective Interest Rate	5.60%		'
Mortgage notes payable and premiums, net \| Princeton Village - Pacific Northwest Senior Living Facility Portfolio	'		'
Debt Instrument [Line Items]	'		'
Encumbered Properties, in properties	1		'
Outstanding Loan Amount	3,137		0
Effective Interest Rate	7.48%		'
Mortgage notes payable and premiums, net \| Pelican Pointe - Pacific Northwest Senior Living Facility Portfolio	'		'
Debt Instrument [Line Items]	'		'
Encumbered Properties, in properties	1		'
Outstanding Loan Amount	12,507		0
Effective Interest Rate	5.16%		'
Mortgage notes payable and premiums, net \| Fayetteville Community Hospital	'		'
Debt Instrument [Line Items]	'		'
Encumbered Properties, in properties	1		'
Outstanding Loan Amount	7,028		0
Effective Interest Rate	5.18%		'
Mortgage notes payable and premiums, net \| Anderson - Benton House Senior Living Facility Portfolio	'		'
Debt Instrument [Line Items]	'		'
Encumbered Properties, in properties	1		'
Outstanding Loan Amount	8,182		0
Effective Interest Rate	4.86%		'
Mortgage notes payable and premiums, net \| Covington - Benton House Senior Living Facility Portfolio	'		'
Debt Instrument [Line Items]	'		'
Encumbered Properties, in properties	1		'
Outstanding Loan Amount	$8,150		$0
Effective Interest Rate	5.26%		'

[1]	Calculated on a weighted average basis for all mortgages outstanding as of SeptemberB 30, 2013.
[2]	These mortgages, aggregating $106.2 million, represent the first, second and third tranches of a multi-tranche mortgage loan agreement to provide funding for a portfolio of eight properties. The mortgages for each of the properties are cross-collateralized with one another and in the event that the Company defaults on one of the mortgages, the lender may look to the other properties as collateral.
[3]	Fixed as a result of entering into a swap agreement.

Mortgage_Notes_Payable_Schedul1

Mortgage Notes Payable (Schedule Of Aggregate Future Principal Payments On Mortgage Notes Payable) (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Debt Instrument [Line Items]	'	'
Total	$239,067	$200,095
Mortgage notes payable and premiums, net	'	'
Debt Instrument [Line Items]	'	'
October 1, 2013 b December 31, 2013	185	'
2014	762	'
2015	113,683	'
2016	20,239	'
2017	74,715	'
Thereafter	29,483	'
Total	$239,067	$200,095

Fair_Value_of_Financial_Instru2

Fair Value of Financial Instruments (Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis) (Details) (USD $)	9 Months Ended
	Sep. 30, 2013	Dec. 31, 2012
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Asset, Transfers, Net	$0	'
Interest rate swaps	-376,000	-643,000
Investment securities, at fair value	16,584,000	0
Interest rate swaps \| Fair Value, Measurements, Recurring [Member] \| Fair Value [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Interest rate swaps	-376,000	-643,000
Interest rate swaps \| Fair Value, Measurements, Recurring [Member] \| Quoted Prices in Active Markets Level 1	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Interest rate swaps	0	0
Interest rate swaps \| Fair Value, Measurements, Recurring [Member] \| Significant Other Observable Inputs Level 2	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Interest rate swaps	-376,000	-643,000
Interest rate swaps \| Fair Value, Measurements, Recurring [Member] \| Significant Unobservable Inputs Level 3	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Interest rate swaps	0	0
Investment securities \| Fair Value, Measurements, Recurring [Member] \| Fair Value [Member]	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Investment securities, at fair value	16,584,000	'
Investment securities \| Fair Value, Measurements, Recurring [Member] \| Quoted Prices in Active Markets Level 1	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Investment securities, at fair value	16,584,000	'
Investment securities \| Fair Value, Measurements, Recurring [Member] \| Significant Other Observable Inputs Level 2	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Investment securities, at fair value	0	'
Investment securities \| Fair Value, Measurements, Recurring [Member] \| Significant Unobservable Inputs Level 3	'	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'	'
Investment securities, at fair value	$0	'

Fair_Value_of_Financial_Instru3

Fair Value of Financial Instruments (Fair Value, by Balance Sheet Grouping) (Details) (Level 3 [Member], USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Mortgage notes payable and premiums, net \| Carrying Amount [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Debt, fair value	$242,069	$202,998
Mortgage notes payable and premiums, net \| Fair Value [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Debt, fair value	245,620	209,906
Credit facility \| Carrying Amount [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Debt, fair value	0	26,000
Credit facility \| Fair Value [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Debt, fair value	0	26,000
Note payable \| Carrying Amount [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Debt, fair value	0	2,500
Note payable \| Fair Value [Member]	'	'
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]	'	'
Debt, fair value	$0	$2,851

Derivatives_and_Hedging_Activi2

Derivatives and Hedging Activities (Narrative) (Details) (Designated as Hedging Instrument [Member], Cash Flow Hedging [Member], USD $)	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2013	Sep. 30, 2013
	Derivatives at Fair Value [Member]	Derivatives at Fair Value [Member]	Interest rate swaps	Interest rate swaps
	Interest rate swaps	Interest rate swaps		Interest Expense [Member]
Derivative [Line Items]	'	'	'	'
Reclassification period from other comprehensive income as an increase to interest expense	'	'	'	'12 months
Reclassified from other comprehensive income as an increase to interest expense	'	'	'	$200,000
Interest Rate Derivative Liabilities, at Fair Value	376,000	643,000	'	'
Amount required to settle its obligations under the agreement at its aggregate termination value incase of breach	'	'	$400,000	'

Derivatives_and_Hedging_Activi3

Derivatives and Hedging Activities (Schedule Of Interest Rate Derivative) (Details) (Designated as Hedging Instrument [Member], Cash Flow Hedging [Member], Interest rate swaps, USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified	derivative	derivative
Designated as Hedging Instrument [Member] \| Cash Flow Hedging [Member] \| Interest rate swaps	'	'
Derivative [Line Items]	'	'
Number of Instruments	3	3
Notional Amount	$22,266	$22,266

Derivatives_and_Hedging_Activi4

Derivatives and Hedging Activities (Schedule of Derivative Instruments in Statement of Financial Position, Fair Value) (Details) (Cash Flow Hedging [Member], Interest rate swaps, Designated as Hedging Instrument [Member], Derivatives at Fair Value [Member], USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Cash Flow Hedging [Member] \| Interest rate swaps \| Designated as Hedging Instrument [Member] \| Derivatives at Fair Value [Member]	'	'
Derivatives, Fair Value [Line Items]	'	'
Interest Rate Swaps	($376)	($643)

Derivatives_and_Hedging_Activi5

Derivatives and Hedging Activities (Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance) (Details) (Cash Flow Hedging [Member], Interest rate swaps, USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Derivative Instruments, Gain (Loss) [Line Items]	'	'	'	'
Amount of income (loss) recognized in accumulated other comprehensive loss from interest rate derivatives (effective portion)	($139)	($206)	$83	($610)
Amount of gain (loss) recognized in income on derivative instruments (ineffective portion and amount excluded from effectiveness testing)	0	0	0	0
Interest Expense [Member]	'	'	'	'
Derivative Instruments, Gain (Loss) [Line Items]	'	'	'	'
Amount of loss reclassified from accumulated other comprehensive loss into income as interest expense (effective portion)	($62)	($60)	($183)	($166)

Derivatives_and_Hedging_Activi6

Derivatives and Hedging Activities (Schedule of Offsetting Liabilities) (Details) (USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'	'
Derivative Liability, Fair Value, Gross Liability	($376)	($643)
Derivative Asset, Collateral, Obligation to Return Cash, Offset	0	0
Interest rate swaps	-376	-643
Derivative, Collateral, Obligation to Return Securities	0	0
Derivative, Collateral, Obligation to Return Cash	0	0
Derivative Fair Value of Derivative Liability Amount Offset Against Collaterial	($376)	($643)

Common_Stock_Details

Common Stock (Details) (USD $)	0 Months Ended	9 Months Ended		28 Months Ended	37 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 11, 2011	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012	Sep. 30, 2013
Stockholders' Equity Note [Abstract]	'	'	'	'	'
Common stock, shares outstanding	'	178,785,756	'	55,584,641	178,785,756
Proceeds from issuance of common stock	'	$1,196,900	$262,687	$553,000	$1,800,000
Common Stock, Dividends, Per Share Per Day, Declared	$0.00	'	'	'	'
Dividends declared, in dollars per share	$0.68	'	'	'	'

Common_Stock_Schedule_of_Treas

Common Stock Schedule of Treasury Stock (Details) (USD $)	9 Months Ended		28 Months Ended	37 Months Ended
Common Stock Schedule of Treasury Stock (Details) (USD $)	Sep. 30, 2013		Dec. 31, 2012	Sep. 30, 2013
Unfunded [Member]	'		'	'
Class of Stock [Line Items]	'		'	'
Number of Share Repurchase Requests	25		'	'
Treasury Stock Acquired, Average Cost Per Share	$9.70		'	'
Stock Repurchase Program, Remaining Number of Shares Authorized to be Repurchased	63,867		'	63,867
Funded [Member]	'		'	'
Class of Stock [Line Items]	'		'	'
Number of Share Repurchase Requests	67	[1]	30	97	[1]
Stock Repurchased During Period, Shares	204,561	[1]	114,602	319,163	[1]
Treasury Stock Acquired, Average Cost Per Share	$9.75	[1]	$9.84	$9.78	[1]

[1]	Includes 25 unfulfilled repurchase requests consisting of 63,867 shares at an average price per share of $9.70, which were approved for repurchase as of SeptemberB 30, 2013 and completed in October 2013. This liability is included in accounts payable and accrued expenses on the Company's consolidated balance sheet.

Commitments_and_Contingencies_1

Commitments and Contingencies (Schedule of Future Minimum Rental Payments for Operating Leases) (Details) (USD $)	Sep. 30, 2013
Recorded Unconditional Purchase Obligation [Line Items]	'
October 1, 2013 b December 31, 2013	$95,000
2014	338,000
2015	345,000
2016	351,000
2017	358,000
Thereafter	16,558,000
Total	18,045,000
Purchase Obligation	24,500,000
Land [Member]	'
Recorded Unconditional Purchase Obligation [Line Items]	'
Development in Process	1,700,000
Construction in Progress [Member]	'
Recorded Unconditional Purchase Obligation [Line Items]	'
Development in Process	$4,800,000

Related_Party_Transactions_and2

Related Party Transactions and Arrangements (Details) (USD $)

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Maximum [Member]

Dealer Manager [Member]

American Realty Capital Healthcare Special Limited Partnership, LLC [Member]

American Realty Capital Healthcare Advisors, LLC and Realty Capital Securities, LLC [Member]

Realty Capital Securities, LLC [Member]

American Realty Capital Healthcare Advisors, LLC [Member]

American Realty Capital Trust IV Advisors, LLC [Member]

Payable [Member]

No Listing Advisory Fee Assessed [Member]

Greater Of [Member]

Maximum [Member]

Entity Wholly Owned by Sponsor [Member]

Advisor and Dealer Manager [Member]

Dealer Manager [Member]

Advisor [Member]

American Realty Capital Healthcare Advisors, LLC and Realty Capital Securities, LLC [Member]

Realty Capital Securities, LLC [Member]

American Realty Capital Healthcare Advisors, LLC [Member]

Base Advisory Services Fee [Member]

Fees and Expense Reimbursement, Stock Offering [Member]

Transaction Value [Member]

Commissions Paid to Dealer Manager [Member]

Maximum [Member]

Contract Purchase Price [Member]

Advance on Loan or Other Investment [Member]

Amount Available or Outstanding Under Financing Arrangement [Member]

Gross Revenue, Stand-alone Single-tenant Net Leased Properties [Member]

Gross Revenue, Excluding Stand-alone Single-tenant Net Leased Properties [Member]

Net Sale Proceeds, after Return of Capital Contributions and Annual Targeted Investor Return [Member]

Excess of Adjusted Market Value of Real Estate Assets Plus Distributions Over Aggregate Contributed Investor Capital [Member]

Annual Targeted Investor Return [Member]

Absorbed General and Administrative Expenses, Receivable [Member]

Maximum [Member]

Average Invested Assets [Member]

Advisor and Dealer Manager [Member]

Dealer Manager [Member]

Advisor [Member]

Gross Proceeds, Initial Public Offering [Member]

Gross Proceeds, Common Stock [Member]

Pre-tax Non-compounded Return on Capital Contribution [Member]

Contract Purchase Price [Member]

Average Invested Assets [Member]

Gross Revenue, Managed Properties [Member]

Net Income, Excluding Additions to Non-cash Reserves and Gains on Sales of Assets [Member]

Real Estate Commissions [Member]

Fees and Expense Reimbursement, Stock Offering [Member]

Commissions Paid to Dealer Manager [Member]

Transaction Value [Member]

Maximum [Member]

Greater Of [Member]

Contract Sales Price [Member]

Brokerage Commission Fees [Member]

Contract Sales Price [Member]

Related Party Transaction [Line Items]

Operating Partnership Units Held By Related Party

20,000

Sales commissions as a percentage of benchmark

7.00%

Gross proceeds from sale

3.00%

Fees paid to related parties

$4,057,000

$1,901,000

$7,143,000

($48,000)

[1]

$10,970,000

$117,377,000

$26,315,000

$73,000

$625,000

Liability for offering and related costs from IPO

1.50%

Liability for Gross Initial Public Offering Costs, Percentage of Gross Proceeds

11.50%

Related Party Transaction, Acquisition Fees Earned by Related Party, Percentage of Benchmark

1.00%

Related Party Transaction, Financing Advance Fees Earned by Related Party, Percentage of Benchmark

1.00%

Related Party Transaction, Financing Advance Fees Earned by Related Party, Percentage of Benchmark, Expected Third Party Acquisition Costs

0.50%

Related Party Transaction, Acquisition and Financing Coordination Fees Earned by Related Party, Percentage of Benchmark

1.50%

Related Party Transaction, Acquisition Fees and Acquisition Related Expenses Earned by Related Party, Percentage of Benchmark

4.50%

Financing coordination as a percentage of benchmark

1.00%

Related Party Transaction, Transaction Fee Earned By Related Party, Percentage of Benchmark

0.25%

Asset management fees as a percentage of benchmark

0.75%

Aggregate asset management and oversight fees as a percentage of benchmark

0.75%

Related Party Transaction, Cumulative Capital Investment Return, as a Percentage of Benchmark

6.00%

Related Party Transaction, Quarterly Asset Management Fee Earned By Related Party, Percentage of Benchmark

0.19%

Unearned Class B Units, in Lieu of Asset Management Fees Paid in Cash

166,600

441,735

Property management fees as a percentage of benchmark

1.50%

2.50%

Related Party Transaction, Oversight Fees Earned by Related Party, Percentage of Benchmark

1.00%

Operating expenses as a percentage of benchmark

2.00%

25.00%

Related Party Transaction, Amounts of Transaction

-300,000

Due from affiliate

4,670,000

190,000

Real estate commissions as a percentage of benchmark

6.00%

2.00%

50.00%

Subordinated participation fees as a percentage of benchmark

15.00%

Subordinated incentive listing distribution as a percentage of the benchmark

15.00%

Related Party Transaction, Listing Advisory Fee Earned By Related Party, Percentage of Benchmark

0.25%

Related Party Transaction, Listing Advisory Fee, Flat Fee

1,000,000

Related Party Transaction, Base Advisory Services Fee, Flat Fee

$1,000,000

Grace Period for Fee Effectiveness

'18 months

[1]

During the three months ended SeptemberB 30, 2013, the Company received reimbursement of selling commissions and dealer manager fees as a result of share purchase cancellations related to common stock sales prior to the close of the IPO.

Related_Party_Transactions_and3

Related Party Transactions and Arrangements (Schedule of Amount Contractually Due and Forgiven in Connection With Operation Related Services) (Details) (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

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

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

12 Months Ended

9 Months Ended

12 Months Ended

9 Months Ended

12 Months Ended

9 Months Ended

12 Months Ended

9 Months Ended

12 Months Ended

9 Months Ended

12 Months Ended

9 Months Ended

12 Months Ended

9 Months Ended

12 Months Ended

9 Months Ended

12 Months Ended

9 Months Ended

12 Months Ended

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Incurred [Member]

Forgiven [Member]

Payable [Member]

Operation Fees and Reimbursements [Member]

One-Time Fees [Member]

Ongoing Fees [Member]

Operation Fees and Reimbursements [Member]

One-Time Fees [Member]

Ongoing Fees [Member]

Operation Fees and Reimbursements [Member]

One-Time Fees [Member]

Ongoing Fees [Member]

Acquisition fees and related cost reimbursements [Member]

Transaction Fee [Member]

Financing coordination fees [Member]

Other expense reimbursements [Member]

Asset management fees [Member]

Property management and leasing fees [Member]

Transfer Agent and Other Professional Fees [Member]

Strategic advisory fees [Member]

Distributions On Class B Units [Member]

Acquisition fees and related cost reimbursements [Member]

Transaction Fee [Member]

Financing coordination fees [Member]

Other expense reimbursements [Member]

Asset management fees [Member]

Property management and leasing fees [Member]

Transfer Agent and Other Professional Fees [Member]

Strategic advisory fees [Member]

Distributions On Class B Units [Member]

Acquisition fees and related cost reimbursements [Member]

Transaction Fee [Member]

Financing coordination fees [Member]

Other expense reimbursements [Member]

Asset management fees [Member]

Property management and leasing fees [Member]

Transfer Agent and Other Professional Fees [Member]

Strategic advisory fees [Member]

Distributions On Class B Units [Member]

Related Party Transaction [Line Items]

Related party operation fees and reimbursements

$9,471,000

$2,774,000

$13,728,000

$7,019,000

$697,000

[1]

$1,678,000

[1]

$3,577,000

[1]

$4,517,000

[1]

$306,000

$7,784,000

$644,000

$7,942,000

$1,382,000

$81,000

$19,000

$133,000

[2]

$371,000

[2]

$987,000

[2]

$621,000

$847,000

$920,000

$63,000

$117,000

$370,000

$517,000

$861,000

$868,000

[1]

[2]

$387,000

[2]

$597,000

[2]

$370,000

$130,000

$861,000

$271,000

($4,162,000)

$143,000

($4,670,000)

[1]

$143,000

[1]

$306,000

[2]

$202,000

[1]

In SeptemberB 2013, the Advisor elected to reimburse the Company $4.7 million for acquisition expenses and legal reimbursements incurred. This receivable due from the Advisor to the Company as of SeptemberB 30, 2013 was paid in November 2013.

[2]

Effective October 1, 2012, the Company issues (subject to approval by the board of directors) to the Advisor restricted performance based Class B units for asset management services, which will be forfeited immediately if certain conditions occur.

ShareBased_Compensation_Detail

Share-Based Compensation (Details) (USD $)	3 Months Ended		9 Months Ended
Share-Based Compensation (Details) (USD $)	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	'	'	'5 years	'
Stock Option Plan [Member]	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'
Options, fixed exercise price, in dollars per share	$10	'	$10	'
Stock Options [Member] \| Stock Option Plan [Member]	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'
Number of shares authorized, in shares	500,000	'	500,000	'
Unvested restricted stock \| Restricted Share Plan [Member]	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'
Number of shares authorized, in shares	7,500,000	'	7,500,000	'
Shares granted automatically upon election to board of directors, in shares	3,000	'	3,000	'
Periodic vesting percentage	20.00%	'	20.00%	'
Maximum authorized amount as a percentage of shares authorized	'	'	5.00%	'
Allocated Share-based Compensation Expense	$13,000	$9,000	$31,000	$19,000
Common Stock [Member]	'	'	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'	'	'
Shares issued in lieu of cash for services, in shares	'	'	1,667	7,194
Value of shares issued in lieu of cash for services	'	'	$15,000	$65,000

ShareBased_Compensation_Restri

Share-Based Compensation Restricted Stock Awards Activity (Details) (Restricted Common Stock [Member], USD $)	9 Months Ended
	Sep. 30, 2013
Restricted Common Stock [Member]	'
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]	'
Unvested, December 31, 2012, Number of Common Shares, in shares	16,800
Unvested, December 31, 2012, Weighted-Average Issue Prince, in dollars per share	$9.46
Granted, Number of Shares, in shares	9,000
Granted, Weighted-Average Issue Price, in dollars per share	$9
Vested, Number of Common Shares, in shares	-3,600
Vested, Weighted-Average Issue Price, in dollars per share	$9.33
Forfeitures, Number of Shares, in shares	0
Forfeitures, Weirghted-Average Issue Price, in dollars per share	$0
Unvested, September 30, 2013, Number of Common Shares, in shares	22,200
Unvested, September 30, 2013, Weighted-Average Issue Prince, in dollars per share	$9.27

Net_Loss_Per_Share_Details

Net Loss Per Share (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Earnings Per Share, Basic and Diluted, by Common Class, Including Two Class Method [Line Items]	'	'	'	'
Net loss attributable to stockholders (in thousands)	($5,475)	($2,061)	($12,339)	($6,941)
Basic and diluted weighted average shares outstanding	178,231,121	28,039,573	142,163,876	18,634,509
Basic and diluted net loss per share attributable to stockholders	($0.03)	($0.07)	($0.09)	($0.37)
Common stock equivalents	'	'	464,137	17,002
Unvested restricted stock	'	'	'	'
Earnings Per Share, Basic and Diluted, by Common Class, Including Two Class Method [Line Items]	'	'	'	'
Common stock equivalents	'	'	22,200	16,800
OP Units	'	'	'	'
Earnings Per Share, Basic and Diluted, by Common Class, Including Two Class Method [Line Items]	'	'	'	'
Common stock equivalents	'	'	202	202
Class B units	'	'	'	'
Earnings Per Share, Basic and Diluted, by Common Class, Including Two Class Method [Line Items]	'	'	'	'
Common stock equivalents	'	'	441,735	0

NonControlling_Interests_Detai

Non-Controlling Interests (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Noncontrolling Interest [Line Items]	'	'	'	'	'
Limited Liability Company (LLC) or Limited Partnership (LP), Members or Limited Partners, Ownership Interest, Units	202	'	202	'	202
Net Investment Amount	$4,444	'	$4,444	'	'
Net Real Estate Assets Subject to Investment Agreement	70,536	'	70,536	'	'
Mortgage Payables Subject to Investment Agreement	47,480	'	47,480	'	'
Distributions	88	88	278	275	'
Reliant Rehabilitation Hospital - Dallas	'	'	'	'	'
Noncontrolling Interest [Line Items]	'	'	'	'	'
Net Investment Amount	2,000	'	2,000	'	'
Non-Controlling Ownership Percentage	20.00%	'	20.00%	'	'
Net Real Estate Assets Subject to Investment Agreement	32,061	'	32,061	'	'
Mortgage Payables Subject to Investment Agreement	24,850	'	24,850	'	'
Distributions	41	41	122	126	'
Odessa Regional Medical Center	'	'	'	'	'
Noncontrolling Interest [Line Items]	'	'	'	'	'
Net Investment Amount	33	'	33	'	'
Non-Controlling Ownership Percentage	1.00%	'	1.00%	'	'
Net Real Estate Assets Subject to Investment Agreement	6,707	'	6,707	'	'
Mortgage Payables Subject to Investment Agreement	4,047	'	4,047	'	'
Distributions	0	0	4	0	'
Methodist North Medical Office Building	'	'	'	'	'
Noncontrolling Interest [Line Items]	'	'	'	'	'
Net Investment Amount	111	'	111	'	'
Non-Controlling Ownership Percentage	1.00%	'	1.00%	'	'
Net Real Estate Assets Subject to Investment Agreement	22,952	'	22,952	'	'
Mortgage Payables Subject to Investment Agreement	13,544	'	13,544	'	'
Distributions	0	0	12	0	'
University of Wisconsin Medical Center	'	'	'	'	'
Noncontrolling Interest [Line Items]	'	'	'	'	'
Net Investment Amount	2,300	'	2,300	'	'
Non-Controlling Ownership Percentage	25.00%	'	25.00%	'	'
Net Real Estate Assets Subject to Investment Agreement	8,816	'	8,816	'	'
Mortgage Payables Subject to Investment Agreement	5,039	'	5,039	'	'
Distributions	$47	$47	$140	$149	'

Segment_Reporting_Details

Segment Reporting (Details) (USD $)

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

In Thousands, unless otherwise specified

Sep. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Dec. 31, 2012

Dec. 31, 2011

Sep. 30, 2013

Dec. 31, 2012

Sep. 30, 2013

Dec. 31, 2012

Nov. 30, 2012

property

Medical Office Buildings [Member]

Senior Living Facilities [Member]

property

Segment Reporting Information [Line Items]

Cash paid for income taxes

$132

$400

Number of properties owned

103

Rental income

29,285

8,722

66,157

18,449

16,073

42,906

13,212

23,251

Operating expense reimbursements

2,859

1,472

7,522

3,327

2,859

7,522

Resident services and fee income

2,003

3,083

2,003

3,083

Total revenues

34,147

10,194

76,762

21,776

18,932

50,428

15,215

26,334

Property operating and maintenance

13,940

1,586

26,576

3,495

3,472

8,892

10,468

17,684

Net operating income

20,207

50,186

15,460

41,536

4,747

8,650

Acquisition and transaction related

3,107

1,787

7,858

5,281

General and administrative

1,429

235

2,928

690

Depreciation and amortization

17,140

5,629

41,548

12,172

Interest expense

4,350

2,642

10,754

6,120

Income from investments

-317

-561

Other income

-37

-5

-48

-16

Net income (loss) attributable to non-controlling interests

-12

Net loss attributable to stockholders

-5,475

-2,061

-12,339

-6,941

Investments in real estate:

1,362,892

656,327

1,066,401

571,078

296,491

85,249

Cash and cash equivalents

308,911

28,831

308,911

28,831

13,869

5,038

Restricted cash

1,244

127

Investment securities, at fair value

16,584

Receivable for sale of common stock

6,943

Prepaid expenses and other assets

19,445

5,826

Due from affiliate

4,670

190

Deferred costs, net

21,887

7,386

Total assets

$1,735,633

$690,668

Subsequent_Events_Details

Subsequent Events (Details) (USD $)	Sep. 30, 2013		Sep. 30, 2013	Nov. 13, 2013		Nov. 13, 2013		Sep. 30, 2013
In Thousands, unless otherwise specified	property		Total portfolio as of September 30, 2013	Acquisitions		Total portfolio as of November 13, 2013		Cancer Care Partners [Member]
	sqft		property	Subsequent Event [Member]		Subsequent Event [Member]		Subsequent Event [Member]
				sqft		property
				property		sqft
Subsequent Event [Line Items]	'		'	'		'		'
Grace Period For Tenant To Complete Repairs, In Days	'		'	'		'		'270 days
Grace Period To Terminate Lease, In Days	'		'	'		'		'20 days
Number of properties owned	103		103	5		108		'
Square Feet	5,108,682		'	366,402		5,475,084		'
Real Estate Investment, Aggregate Purchase Price	$1,409,404	[1]	'	$106,129	[1]	$1,515,533	[1]	'
Percentage of Annualized Rental Income or Annualized Net Operating Income	'		'	'		'		1.20%

[1]	Contract purchase price, excluding acquisition related costs.