New Senior Investment (SNR) 10-K 1 Mar 17 2016 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Feb. 23, 2017	Jun. 30, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	New Senior Investment Group Inc.
Entity Central Index Key	1,610,114
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Public Float			$ 863
Entity Common Stock, Shares Outstanding		82,141,216
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2016

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Real estate investments:
Land	$ 220,317	$ 222,795
Buildings, improvements and other	2,552,862	2,568,133
Accumulated depreciation	(218,968)	(129,788)
Net real estate property	2,554,211	2,661,140
Acquired lease and other intangible assets	319,929	308,917
Accumulated amortization	(255,452)	(166,714)
Net real estate intangibles	64,477	142,203
Net real estate investments	2,618,688	2,803,343
Cash and cash equivalents	58,048	116,881
Straight-line rent receivables	73,758	51,916
Receivables and other assets, net	71,234	45,319
Total Assets	2,821,728	3,017,459
Liabilities
Mortgage notes payable, net	2,130,387	2,151,317
Due to affiliates	11,623	9,644
Accrued expenses and other liabilities	100,823	89,173
Total Liabilities	2,242,833	2,250,134
Commitments and contingencies
Equity
Preferred Stock $0.01 par value, 100,000,000 shares authorized and none issued or outstanding as of both December 31, 2016 and 2015	0	0
Common stock $0.01 par value, 2,000,000,000 shares authorized, 82,127,247 and 85,447,551 shares issued and outstanding as of December 31, 2016 and 2015, respectively	821	854
Additional paid-in capital	897,918	928,654
Accumulated deficit	(319,844)	(162,183)
Total Equity	578,895	767,325
Total Liabilities and Equity	$ 2,821,728	$ 3,017,459

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2016	Dec. 31, 2015
Equity
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	100,000,000	100,000,000
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	2,000,000,000	2,000,000,000
Common stock, shares issued (in shares)	82,127,247	85,447,551
Common stock, shares outstanding (in shares)	82,127,247	85,447,551

CONSOLIDATED AND COMBINED STATE

CONSOLIDATED AND COMBINED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Revenues
Resident fees and services	$ 359,472	$ 277,324	$ 156,993
Rental revenue	112,966	111,154	97,992
Total revenues	472,438	388,478	254,985
Expenses
Property operating expense	243,027	189,543	112,242
Depreciation and amortization	184,546	160,318	103,279
Interest expense	91,780	75,021	57,026
Acquisition, transaction, and integration expense	3,942	13,444	14,295
Management fees and incentive compensation to affiliate	18,143	14,279	8,470
General and administrative expense	15,194	15,233	7,416
Loss on extinguishment of debt	245	5,091	0
Other expense (income)	727	1,629	(1,500)
Total expenses	557,604	474,558	301,228
Gain on sale of real estate	13,356	0	0
Loss Before Income Taxes	(71,810)	(86,080)	(46,243)
Income tax expense (benefit)	439	(3,655)	160
Net Loss	$ (72,249)	$ (82,425)	$ (46,403)
Loss Per Share of Common Stock
Basic and diluted (in dollars per share)	$ (0.88)	$ (1.08)	$ (0.70)
Weighted Average Number of Shares of Common Stock Outstanding
Basic and diluted (in shares)	82,357,349	76,601,161	66,400,914
Dividends declared per share of common stock (in dollars per share)	$ 1.04	$ 0.75	$ 0.23

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($) $ in Thousands	Total	Common Stock [Member]	Accumulated Deficit [Member]	Additional Paid in Capital [Member]
Equity, Beginning Balance at Dec. 31, 2013	$ 407,835	$ 0	$ 0	$ 407,835
Equity, Beginning Balance ( in shares) at Dec. 31, 2013		0
Increase (Decrease) in Equity [Roll Forward]
Capital contributions	461,218			461,218
Capital distributions	(158,980)			(158,980)
Net loss	(36,964)		0	(36,964)
Effect of New Senior spin-off	0	$ 664		(664)
Effect of New Senior spin-off (in shares)		66,399,857
Equity, Ending Balance at Nov. 06, 2014	673,109	$ 664	0	672,445
Equity, Ending Balance ( in shares) at Nov. 06, 2014		66,399,857
Equity, Beginning Balance at Dec. 31, 2013	407,835	$ 0	0	407,835
Equity, Beginning Balance ( in shares) at Dec. 31, 2013		0
Increase (Decrease) in Equity [Roll Forward]
Net loss	(46,403)
Equity, Ending Balance at Dec. 31, 2014	648,536	$ 664	(24,715)	672,587
Equity, Ending Balance ( in shares) at Dec. 31, 2014		66,415,415
Equity, Beginning Balance at Nov. 06, 2014	673,109	$ 664	0	672,445
Equity, Beginning Balance ( in shares) at Nov. 06, 2014		66,399,857
Increase (Decrease) in Equity [Roll Forward]
Exercise of stock options	119			119
Exercised options (in shares)		14,188
Director's shares issued	23			23
Director's shared issued		1,370
Dividends declared	(15,276)		(15,276)
Net loss	(9,439)		(9,439)	0
Equity, Ending Balance at Dec. 31, 2014	648,536	$ 664	(24,715)	672,587
Equity, Ending Balance ( in shares) at Dec. 31, 2014		66,415,415
Increase (Decrease) in Equity [Roll Forward]
Exercise of stock options	$ 0
Exercised options (in shares)		30,046
Issuance of common stock, net (in shares)	20,114,090
Issuance of common stock, net	$ 266,513	$ 201		266,312
Repurchase of common stock (in shares)	(1,112,000)
Repurchase of common stock	$ (10,273)	(11)		(10,262)
Fair value of stock options issued	17			17
Dividends declared	(55,043)		(55,043)
Net loss	(82,425)		(82,425)	0
Equity, Ending Balance at Dec. 31, 2015	$ 767,325	$ 854	(162,183)	928,654
Equity, Ending Balance ( in shares) at Dec. 31, 2015	85,447,551	85,447,551
Increase (Decrease) in Equity [Roll Forward]
Director's shares issued	$ 139			139
Director's shared issued		13,029
Repurchase of common stock (in shares)	(3,333,333)
Repurchase of common stock	$ (30,913)	$ (33)		(30,880)
Fair value of stock options issued	5			5
Dividends declared	(85,412)		(85,412)
Net loss	(72,249)		(72,249)	0
Equity, Ending Balance at Dec. 31, 2016	$ 578,895	$ 821	$ (319,844)	$ 897,918
Equity, Ending Balance ( in shares) at Dec. 31, 2016	82,127,247	82,127,247

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Cash Flows From Operating Activities
Net loss	$ (72,249)	$ (82,425)	$ (46,403)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation of tangible assets and amortization of intangible assets	184,689	160,460	103,398
Amortization of deferred financing costs	9,582	9,320	8,331
Amortization of deferred community fees	(1,646)	(1,141)	(1,420)
Amortization of (premium) discount on mortgage notes payable	(603)	77	850
Non-cash straight-line rent	(21,842)	(25,462)	(25,932)
Gain on sale of real estate	(13,356)
Change in fair value of contingent consideration	0	0	(1,500)
Loss on extinguishment of debt	245	5,091	0
Equity-based compensation	144	17	0
Provision for bad debt	2,150	2,105	922
Other non-cash expense	702	964	0
Changes in:
Receivables and other assets, net	(3,069)	(14,868)	(6,053)
Due to affiliates	1,979	2,762	989
Accrued expenses and other liabilities	12,573	12,602	13,429
Net cash provided by operating activities	99,299	69,502	46,611
Cash Flows From Investing Activities
Proceeds from the sale of real estate	22,711	0	0
Cash paid for acquisitions, net of deposits	0	(1,251,343)	(314,935)
Funds reserved for future capital expenditures	(2,423)	(3,169)	(3,530)
Capital expenditures	(21,151)	(11,411)	(8,538)
Deposits refunded (paid) for real estate investments	(584)	(11,355)	(4,855)
Net cash used in investing activities	(279)	(1,277,278)	(331,858)
Cash Flows From Financing Activities
Proceeds from mortgage notes payable	0	1,248,252	195,144
Principal payments of mortgage notes payable	(16,240)	(15,599)	(13,736)
Repayments of mortgage notes payable	(13,725)	(304,484)	0
Payment of exit fee on extinguishment of debt	(189)	(1,499)	0
Payment of deferred financing costs	0	(13,065)	(2,557)
Payment of common stock dividend	(85,412)	(70,318)	0
Purchase of interest rate caps	0	(1,247)	0
Proceeds from issuance of common stock and exercise of options	0	276,569	142
Costs related to issuance of common stock	0	(10,056)	0
Repurchase of common stock	(30,913)	(10,273)	0
Cash escrowed with lender	(11,374)	0	0
Contributions from Drive Shack	0	0	461,218
Distributions to Drive Shack	0	0	(158,980)
Net cash (used in) provided by financing activities	(157,853)	1,098,280	481,231
Net (Decrease) Increase in Cash and Cash Equivalents	(58,833)	(109,496)	195,984
Cash and Cash Equivalents, Beginning of Year	116,881	226,377	30,393
Cash and Cash Equivalents, End of Year	58,048	116,881	226,377
Supplemental Disclosure of Cash Flow Information
Cash paid during the year for interest expense	82,557	62,870	45,026
Cash paid during the year for income taxes	266	190	1,357
Supplemental Schedule of Non-Cash Investing and Financing Activities
Issuance of common stock and exercise of options	139	316	23
Common stock dividend declared but not paid	0	0	15,276
Recognized contingent consideration at fair value	0	0	50
Other liabilities assumed with acquisitions	$ 0	$ 651	$ 0

ORGANIZATION

ORGANIZATION	12 Months Ended
	Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION	ORGANIZATION New Senior Investment Group Inc. (“New Senior” or the “Company”) is a Real Estate Investment Trust (“REIT”) primarily focused on investing in private pay senior housing properties. The Company was formed as a Delaware limited liability company in 2012 and converted to a Delaware corporation on May 30, 2014 and changed its name to New Senior Investment Group Inc. on June 16, 2014. On November 6, 2014, the spin-off of New Senior was completed with the distribution of all of the outstanding shares of New Senior to the holders of common stock of Drive Shack Inc., formerly known as Newcastle Investment Corp. (“Drive Shack”). As of December 31, 2016 , the Company owned a diversified portfolio of 152 primarily private pay senior housing properties located across 37 states. The Company is listed on the New York Stock Exchange (“NYSE”) under the symbol “SNR” and is headquartered in New York, New York. The Company operates in two reportable segments: (1) Managed Properties and (2) Triple Net Lease Properties. Managed Properties – The Company has engaged property managers to manage 94 of its properties on a day-to-day basis under the Managed Properties segment. These properties consist of 53 dedicated independent living (“IL”) facilities and 41 properties with a combination of assisted living/memory care (“AL/MC”) facilities. The Company’s Managed Properties are managed by Holiday Retirement (“Holiday”), a portfolio company that is majority owned by private equity funds managed by an affiliate of FIG LLC (the “Manager”), a subsidiary of Fortress Investment Group LLC (“Fortress”), FHC Property Management LLC (together with its subsidiaries, “Blue Harbor”), an affiliate of the Manager, Jerry Erwin Associates, Inc. (“JEA”) and Thrive Senior Living LLC (“Thrive”), collectively, the “Property Managers,” under property management agreements (the “Property Management Agreements”). Under the Property Management Agreements, the Property Managers are responsible for the day-to-day operations of the Company’s senior housing properties and are entitled to a management fee in accordance with the terms of the Property Management Agreements. The Company's property management agreements have initial five -year or ten -year terms, with successive, automatic one -year renewal periods. The Company pays property management fees of 5% to 7% of effective gross income pursuant to its property management agreements with Holiday and, in some cases, Holiday is eligible to earn an incentive fee based on operating performance. The Company pays property management fees of 3% to 7% of gross revenues and, for certain properties, a property management fee based on a percentage of net operating income, pursuant to its property management agreements with other managers. Triple Net Lease Properties – The Company owns 58 properties subject to triple net lease arrangements (substantially all of which are leased to Holiday). These properties consist of 52 IL properties, 5 rental Continuing Care Retirement Communities (“CCRC”) properties and 1 AL/MC property. In a triple net lease arrangement, the lessee agrees to operate and maintain the property at its own expense, including maintenance, utilities, taxes, insurance, repairs, capital improvements and the payroll expense of property-level employees. The Company’s triple net lease agreements have initial terms of approximately 15 or 17 years and include renewal options and annual rent increases ranging from 2.5% to 4.5% .

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation and Principles of Consolidation The accompanying consolidated financial statements are prepared in accordance with U.S. Generally Accepted Accounting Principles (“GAAP’’) with the instructions to Form 10-K and Article 10 of Regulation S-X. The consolidated financial statements include the accounts of New Senior and its consolidated subsidiaries. All significant intercompany transactions and balances have been eliminated. New Senior consolidates those entities in which it has control over significant operating, financial and investing decisions of the entity. As of December 31, 2016 and 2015 , the Company did not have any investments in Variable Interest Entities (“VIEs”). VIEs are defined as entities in which equity investors do not have the characteristics of a controlling financial interest or do not have sufficient equity at risk for the entity to finance its activities without additional subordinated financial support from other parties. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Prior to November 7, 2014, the Company was not operated as a stand-alone business from Drive Shack. Information in the consolidated financial statements for periods prior to November 7, 2014 has been prepared on a stand-alone basis from the consolidated financial statements and accounting records of Drive Shack and does not necessarily reflect what New Senior’s consolidated results of operations, financial position and cash flows would have been had New Senior operated as an independent company prior to the spin-off. Management believes the assumptions and methods of allocation used in the accompanying consolidated financial statements are reasonable. The consolidated financial statements reflect all revenues, expenses and cash flows directly attributable to the Company. Certain expenses of Drive Shack, comprised primarily of a portion of its management fee, acquisition and transaction costs and general and administrative costs, have been allocated to New Senior to the extent they were directly associated with the Company for periods prior to the spin-off. The portion of the management fee allocated to New Senior prior to the spin-off represents the product of the management fee rate payable by Drive Shack of 1.5% and New Senior’s gross equity, which management believes is a reasonable method for allocating the cost of the services provided by the employees of the Manager to the Company. New Senior and Drive Shack have not shared any costs subsequent to the spin-off. See Note 11 for details related to management agreement terms. Certain prior period amounts have been reclassified to conform to the current period’s presentation. Use of Estimates Management is required to make estimates and assumptions when preparing financial statements in conformity with GAAP. These estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the accompanying consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results may differ from management’s estimates. Revenue Recognition Resident Fees and Services - Resident fees and services include monthly rental revenue, care income and ancillary income recognized from the Managed Properties segment. Resident fees and services are recognized monthly as services are provided. Most lease agreements with residents are cancelable by the resident with 30 days’ notice. Ancillary income primarily relates to non-refundable community fees. Non-refundable community fees are recognized on a straight-line basis over the average length of stay of residents, which management estimates to be approximately 24 months for AL/MC properties and approximately 33 months for IL properties. Rental Revenue - Rental revenue from the Triple Net Lease Properties segment is recognized on a straight-line basis over the applicable term of the lease when collectability is reasonably assured. Recognizing rental revenue on a straight-line basis typically results in recognizing revenue in excess of cash amounts contractually due from the Company’s tenants during the first half of the lease term, creating a straight-line rent receivable. Acquisition Accounting The Company has determined that all of its acquisitions should be accounted for under the acquisition method. The accounting for acquisitions requires the identification and measurement of all acquired tangible and intangible assets and assumed liabilities at their respective fair values, as of the respective transaction dates. The determination of the fair value of net assets acquired involves significant judgment and estimates, such as estimated future cash flow projections, appropriate discount and capitalization rates and other estimates based on available market information. Estimates of future cash flows are based on a number of factors including property operating results, known and anticipated trends, as well as market and economic conditions. In measuring the fair value of tangible and identified intangible assets acquired and liabilities assumed, management uses information obtained as a result of pre-acquisition due diligence, marketing, leasing activities and independent appraisals. In the case of buildings, the fair value of the tangible assets acquired is determined by valuing the property as if it were vacant. Significant estimates impacting the measurement at fair value of the Company's real property include construction cost data and qualitative selection of comparable market transactions as well as the assessment of the relative quality and condition of the acquired properties. Recognized intangible assets primarily include the fair value of in-place resident leases. The Company estimates the fair value of in-place leases as (i) the present value of the estimated rental revenue that would have been forgone, offset by variable costs that would have otherwise been incurred during a reasonable lease-up period, as if the acquired units were vacant and (ii) the estimated absorption costs, such as additional marketing costs that would have been incurred during the lease-up period. The acquisition fair value of the in-place lease intangibles is amortized over the average length of stay of the residents on a straight-line basis. Contingent consideration, if any, is measured at fair value on the date of acquisition. The fair value of the contingent consideration is remeasured at each reporting date with any change recorded in “Other expense (income)” in the Consolidated Statements of Operations. Acquisition and transaction expense includes costs related to completed and potential acquisitions, dispositions and other transactions. Such costs include advisory, legal, accounting, valuation and other professional or consulting fees. Integration expense includes costs directly related to the integration of acquired businesses such as lender mandated repairs, licensing, rebranding and training incurred in connection with an acquisition. Acquisition, transaction and integration costs are expensed as incurred. Real Estate Investments Real estate investments are recorded at cost less accumulated depreciation or accumulated amortization. Depreciation is calculated on a straight-line basis using estimated remaining useful lives not to exceed 40 years for buildings, 3 to 10 years for building improvements and 3 to 5 years for other fixed assets. Amortization for in-place lease intangibles and other intangibles is calculated on a straight-line basis using estimated useful lives of 24 to 33 months and 5 to 13 years, respectively. Amortization for above/below market lease intangibles is calculated on a straight line basis using estimated useful lives of 15 to 17 years, with the exception of ground lease intangibles which are amortized over a period of 74 to 82 years. Impairment of Long Lived Assets The Company periodically evaluates long-lived assets, including definite lived intangible assets, primarily consisting of the Company’s real estate investments, for impairment indicators. If indicators of impairment are present, the Company evaluates the carrying value of the related real estate investments in relation to the future undiscounted cash flows of the underlying operations. In performing this evaluation, market conditions and the Company’s current intentions with respect to holding or disposing of the asset are considered. If the sum of the expected future undiscounted cash flows is less than book value, the Company recognizes an impairment loss equal to the amount by which the asset’s carrying value exceeds its fair value. An impairment loss is recognized at the time any such determination is made. No impairment loss has been recognized by the Company since inception. Cash and Cash Equivalents Cash and cash equivalents consist of cash on hand and all highly liquid short term investments with maturities of 90 days or less, when purchased. Straight-line Rent Receivables and Receivables and Other Assets, Net Receivables and other assets, net consists primarily of escrows held by lenders and resident receivables, net of allowance and prepaid expenses. The Company assesses the collectability of rent receivables, including straight-line rent receivables, on an ongoing basis. This assessment is based on several qualitative and quantitative factors, including and as appropriate, the payment history of the resident and triple net lease tenant, the financial strength of the resident or tenant and of guarantors, the value of the underlying collateral or deposit, if any, and current economic conditions. If the evaluation of these factors indicates it is probable that the Company will not be able to recover the full value of the receivable, the Company provides a specific reserve against the portion of the receivable that the Company estimates may not be recovered. Deferred Financing Costs Deferred financing costs consist of fees and direct costs incurred in obtaining financing. Deferred financing costs are presented as a direct deduction from the carrying amount of the related debt liability and are amortized over the terms of the related borrowings using the effective interest rate method as a component of interest expense. Amortized costs of $ 9,582 , $ 9,320 and $ 8,331 were included in “Interest expense” in the Consolidated Statements of Operations for the years ended December 31, 2016 , 2015 and 2014 , respectively. Deferred Revenue Deferred revenue primarily includes non-refundable community fees received by the Company when residents move in, and are included within “Accrued expenses and other liabilities” in the Consolidated Balance Sheets. Deferred revenue amounts are amortized into income on a straight-line basis over the average length of stay of the resident, and are included within “Resident fees and services” in the Consolidated Statements of Operations. Income Taxes New Senior is organized and conducts its operations to qualify as a REIT under the requirements of the Internal Revenue Code of 1986, as amended (“Code”). Requirements for qualification as a REIT include various restrictions on ownership of stock, requirements concerning distribution of taxable income and certain restrictions on the nature of assets and sources of income. A REIT must distribute at least 90% of its taxable income to its stockholders of which 85% plus any undistributed amounts from the prior year must be distributed within the taxable year in order to avoid the imposition of an excise tax. Distribution of the remaining balance may extend until timely filing of New Senior’s tax return in the subsequent taxable year. Qualifying distributions of taxable income are deductible by a REIT in computing taxable income. Certain activities are conducted through a taxable REIT subsidiary (“TRS”) and therefore are subject to federal and state income taxes. Accordingly, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases upon the change in tax status. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period of the enactment date. New Senior recognizes tax benefits for uncertain tax positions only if it is more likely than not that the position is sustainable based on its technical merits. Interest and penalties on uncertain tax positions are included as a component of the provision for income taxes in the Consolidated Statements of Operations. As of December 31, 2016 and 2015 , the Company had no uncertain tax positions. The Company’s consolidated financial statements have been prepared based upon the operations of the Company separate from those of Drive Shack and include current and deferred income taxes calculated in accordance with the operations following the spin-off. Fair Value Measurement Fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or liability. A three-tier fair value hierarchy, which is described below, prioritizes the inputs used by the Company in measuring fair value: • Level 1 - Quoted prices for identical instruments in active markets. • Level 2 - Quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active and model-derived valuations, in which all significant inputs are observable in active markets. • Level 3 - Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions. Derivative Instruments In the normal course of business, the Company may use derivative instruments to manage, or hedge, interest rate risk. The Company does not use derivative instruments for trading or speculative purposes. The Company recognizes all derivatives as either assets or liabilities at fair value and they are recorded in “Receivables and other assets, net” or “Accrued expenses and other liabilities,” respectively, in the Consolidated Balance Sheets. The valuation of derivatives requires the Company to make estimates and judgments that affect the fair value of the instruments. The Company estimates the fair value of derivatives based on pricing models that consider level 2 inputs including forward yield curves, cap strike rates, cap volatility and discount rates. The Company does not apply hedge accounting and fair value adjustments, if any, are recorded in “Other expense (income)” in the Consolidated Statements of Operations. The Company has exposure to counterparty credit risk for its derivative transactions. Credit risk represents the potential for loss due to the default of a counterparty. The Company performs due diligence including reviewing the counterparty's credit quality prior to entering into derivative transactions. As of December 31, 2016 , the Company's outstanding derivatives were executed with investment grade counterparties. Assets Held for Sale The Company classifies certain long-lived assets as held for sale once the criteria, as defined by GAAP, has been met. Assets held for sale are included in “Receivables and other assets, net” in the Consolidated Balance Sheets. Long-lived assets to be disposed of are reported at the lower of their carrying amount or fair value and are no longer depreciated. Sale of Assets The Company recognizes sales of assets only upon the closing of the transactions with the purchaser. The Company recognizes gains on assets sold using the full accrual method upon closing if the collectability of the sales price is reasonably assured, the Company is not obligated to perform any significant activities after the sale to earn the profit, the Company has received adequate initial investment from the purchaser, and other profit recognition criteria has been satisfied. Stock Options Options granted to New Senior’s directors are measured at fair value at the grant date with the related expense recognized over the service term, if any. Equity Net loss incurred prior to the spin-off is included in additional paid-in capital instead of accumulated deficit since the accumulation of deficit began as of the date of spin-off from Drive Shack. Expense Recognition Management Fees and Incentive Compensation to Affiliate – During the period prior to the spin-off from Drive Shack, this represents an amount of the management fee charged to Drive Shack by the Manager and allocated to the Company. During the period after the spin-off, this represents amounts due to the Manager pursuant to the Management Agreement between the Manager and New Senior (as defined in Note 11). Recent Accounting Pronouncements In May 2014, the FASB issued Accounting Standards Update (“ASU”) 2014-09 Revenues from Contracts with Customers (Topic 606). The standard’s core principle is that a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. In doing so, companies will need to use more judgment and make more estimates than under today’s guidance. These may include identifying performance obligations in the contract, estimating the amount of variable consideration to include in the transaction price and allocating the transaction price to each separate performance obligation. In August 2015, the FASB deferred the effective date of this standard by one year, which will be for fiscal years, and interim periods within those years, beginning after December 15, 2017. The Company has begun its process of assessing the impact of the guidance. To date the Company's assessment efforts include the identification of various revenue streams within the scope of the guidance and the evaluation of certain revenue contracts with residents. The Company continues to evaluate the standard (and related clarifying guidance issued by the FASB) and the allowable methods of adoption. ASU 2014-09 may be applied retrospectively to each prior period (full retrospective) or retrospectively with the cumulative effect recognized as of the date of initial application (modified retrospective). Although the Company's evaluation of the guidance is ongoing, it does not expect the adoption to have a material impact on its consolidated financial statements as a substantial portion of its revenue consists of rental income from leasing arrangements, which is excluded from ASU 2014-09. In January 2016, the FASB issued ASU 2016-01 Financial Instruments - Overall: Recognition and Measurement of Financial Assets and Financial Liabilities . The standard addresses certain aspects of recognition, measurement, presentation and disclosure of financial instruments. The effective date of the standard will be for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2017. The Company does not expect adoption of this ASU to have a material impact on its consolidated financial statements. In February 2016, the FASB issued ASU 2016-02 Leases . This standard amends the existing accounting standards for lease accounting, including requiring lessees to recognize most leases on their balance sheets and making targeted changes to lessor accounting. The effective date of the standard will be for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018, and early adoption is permitted. The new leases standard requires a modified retrospective transition approach for all leases existing at, or entered into after, the date of initial application, with an option to use certain transition relief. The Company continues to assess the guidance and the impact it may have on its consolidated financial statements and has initiated a review to identify non-lease components, if any, in its lease agreements. In June 2016, the FASB issued ASU 2016-13 Financial Instruments - Credit Losses, Measurement of Credit Losses on Financial Instruments . This standard replaces the current incurred loss methodology with a methodology that reflects expected credit losses. Under this methodology, a company would recognize an impairment allowance equal to its current estimate of all contractual cash flows that it does not expect to collect from financial assets measured at amortized cost. The effective date of the standard will be for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019, and early adoption is permitted beginning after December 15, 2018. The Company is assessing the impact this guidance may have on its consolidated financial statements. In August 2016, the FASB issued ASU 2016-15 Statement of Cash Flows (Topic 230) - Classification of Certain Cash Receipts and Cash Payments . This standard addresses the presentation and classification of certain cash receipts and cash payments in the statement of cash flows. The effective date of the standard will be for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2017, and early adoption is permitted. The Company does not expect adoption of this ASU to have a material impact on its consolidated financial statements. In November 2016, the FASB issued ASU 2016-18 Statement of Cash Flows (Topic 230) - Restricted Cash , related to the classification of restricted cash on the statement of cash flows. This ASU would require that the statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. The effective date of the standard will be for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2017, and early adoption is permitted. The Company is assessing the impact this guidance may have on its consolidated financial statements. In January 2017, the FASB issued ASU 2017-01 Business Combinations (Topic 805) - Clarifying the Definition of a Business. This standard narrows the FASB’s definition of a business and provides a framework that assists entities with making reasonable judgments about whether a transaction involves an asset or business. ASU 2017-01 states that when substantially all of the fair value of the gross assets acquired (or disposed of) is concentrated in a single identifiable asset or a group of similar identifiable assets, the set is not a business. The effective date of the standard will be for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2017, and early adoption is permitted. The ASU is to be applied prospectively and upon adoption the Company expects that the majority of its acquisitions will be deemed asset acquisitions which will result in the capitalization of related third party transaction costs.

ACQUISITIONS

ACQUISITIONS	12 Months Ended
	Dec. 31, 2016
Business Combinations [Abstract]
ACQUISITIONS	ACQUISITIONS The Company did not make any acquisitions during the year ended December 31, 2016 . During the year ended December 31, 2015 , the Company acquired 6 portfolios representing 54 senior housing properties ( 49 IL, 4 AL/MC and 1 rental CCRC). The IL and AL/MC properties were integrated into the Managed Properties segment, and Holiday, Thrive and Blue Harbor managed 47 , 4 and 2 , respectively. The rental CCRC was integrated into the Triple Net Lease segment. The following table summarizes the acquisition date fair value of identifiable assets acquired and liabilities assumed in connection with the acquisitions completed in the year ended December 31, 2015 , in accordance with the acquisition method of accounting: 2015 Acquisitions Managed Properties Triple Net Lease Properties Total Real estate investments $ 1,073,826 $ 67,070 $ 1,140,896 In-place lease intangibles 124,233 6,081 130,314 Liabilities, net of other assets (3,305 ) (1,352 ) (4,657 ) Total consideration 1,194,754 71,799 1,266,553 Mortgage notes payable (A) 863,815 52,000 915,815 Net assets $ 330,939 $ 19,799 $ 350,738 Total acquisition-related expenses (B) $ 4,616 $ 1,828 $ 6,444 (A) Represents new debt issued in connection with the acquisitions. (B) Included in “Acquisition, transaction and integration expense” in the Consolidated Statements of Operations. Acquisition accounting is preliminary, pending the completion of various analyses and the finalization of estimates used in the determination of fair values. During the measurement period, additional assets or liabilities may be recognized if new information is obtained about facts and circumstances that existed as of the acquisition date that, if known, would have resulted in the recognition of those assets or liabilities as of that date. The preliminary measurement of net assets acquired may be adjusted after obtaining additional information regarding, among other things, asset valuations (including market and other information with which to determine fair values), liabilities assumed and the analysis of assumed contracts. These adjustments may be significant and are accounted for in accordance with ASU 2015-16 Business Combinations: Simplifying the Accounting for Measurement-Period Adjustments , which became effective in the first quarter of 2016. During the year ended December 31, 2016 , measurement period adjustments were made based on the final valuation of net assets acquired. The adjustments included a decrease of $ 14,591 in real estate investments and an increase of $ 14,591 for in-place lease intangibles. If these adjustments had been recognized as of the acquisition date, the Company would have recognized additional depreciation and amortization expense of $ 7,444 , of which $ 4,683 relates to the year ended December 31, 2015 . Acquisition accounting has been finalized for all of the Company's acquisitions as of December 31, 2016 . The following table illustrates the pro forma effect of the acquisitions completed during 2015 on revenues and loss before income taxes as if they had been consummated as of January 1, 2015: Year Ended December 31, 2015 Revenues $ 463,755 Loss before income taxes (110,868 ) The pro forma results are not necessarily indicative of the operating results that would have been obtained had the acquisitions occurred as of January 1, 2015, nor are they necessarily indicative of future operating results.

DISPOSITIONS

DISPOSITIONS	12 Months Ended
	Dec. 31, 2016
Dispositions [Abstract]
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	DISPOSITIONS On October 31, 2016, the Company sold two AL/MC properties for total consideration of $ 22,711 and recognized a gain on sale of $ 13,356 which is included in “Gain on sale of real estate” in the Consolidated Statements of Operations. In connection with this sale, the Company repaid $ 13,725 of debt associated with these properties and, pursuant to the Property Management Agreement, paid an early termination fee of $ 1,799 to Blue Harbor, which is included in “Acquisition, transaction and integration expense” in the Consolidated Statements of Operations.

SEGMENT REPORTING

SEGMENT REPORTING	12 Months Ended
	Dec. 31, 2016
Segment Reporting [Abstract]
SEGMENT REPORTING	SEGMENT REPORTING As of December 31, 2016 , the Company operated in two reportable business segments: Managed Properties and Triple Net Lease Properties. Under its Managed Properties segment, the Company invests in senior housing properties throughout the United States and engages property managers to manage those senior housing properties. Under its Triple Net Lease Properties segment, the Company invests in senior housing and healthcare properties throughout the United States and leases those properties to healthcare operating companies under triple net leases that obligate the tenants to pay all property-related expenses, including maintenance, utilities, taxes, insurance, repairs, capital improvements and the payroll expense of property-level employees. The Company evaluates performance of the combined properties in each reportable business segment based on segment net operating income (“NOI”). The Company defines NOI as total revenues less property-level operating expenses, which include property management fees and travel cost reimbursements. The Company believes that net income, as defined by GAAP, is the most appropriate earnings measurement. However, the Company believes that segment NOI serves as a useful supplement to net income because it allows investors, analysts and management to measure unlevered property-level operating results and to compare the Company’s operating results between periods and to the operating results of other real estate companies on a consistent basis. Segment NOI should not be considered as an alternative to net income as determined in accordance with GAAP. Interest expense, depreciation and amortization, general and administrative expense, acquisition, transaction and integration expense, management fees and incentive compensation to affiliate, income tax expense (benefit), gain on sale of real estate, other expense (income) and discontinued operations (if any) are not allocated to individual segments for purposes of assessing segment performance. There are no intersegment sales or transfers. Year Ended December 31, 2016 Year Ended December 31, 2015 Year Ended December 31, 2014 Triple Net Lease Properties Managed Properties Consolidated Triple Net Lease Properties Managed Properties Consolidated Triple Net Lease Properties Managed Properties Consolidated Revenues Resident fees and services $ — $ 359,472 $ 359,472 $ — $ 277,324 $ 277,324 $ — $ 156,993 $ 156,993 Rental revenue 112,966 — 112,966 111,154 — 111,154 97,992 — 97,992 Less: Property operating expense — 243,027 243,027 — 189,543 189,543 — 112,242 112,242 Segment NOI $ 112,966 $ 116,445 $ 229,411 $ 111,154 $ 87,781 $ 198,935 $ 97,992 $ 44,751 $ 142,743 Depreciation and amortization 184,546 160,318 103,279 Interest expense 91,780 75,021 57,026 Acquisition, transaction and integration expense 3,942 13,444 14,295 Management fees and incentive compensation to affiliate 18,143 14,279 8,470 General and administrative expense 15,194 15,233 7,416 Loss on extinguishment of debt 245 5,091 — Other expense (income) 727 1,629 (1,500 ) Total expenses 314,577 285,015 188,986 Gain on sale of real estate 13,356 — — Loss before income taxes (71,810 ) (86,080 ) (46,243 ) Income tax expense (benefit) 439 (3,655 ) 160 Net loss $ (72,249 ) $ (82,425 ) $ (46,403 ) Property operating expense includes property management fees and travel reimbursement costs. The Company also reimbursed the Property Managers for property-level payroll expenses. See Note 11 for additional information on these expenses related to Blue Harbor and Holiday. Assets by reportable business segment are reconciled to total assets as follows: December 31, 2016 December 31, 2015 Assets: Amount Percentage Amount Percentage Triple Net Lease Properties $ 1,151,102 40.8 % $ 1,196,578 39.7 % Managed Properties 1,639,726 58.1 % 1,744,540 57.8 % All Other Assets (A) 30,900 1.1 % 76,341 2.5 % Total Assets $ 2,821,728 100.0 % $ 3,017,459 100.0 % (A) Primarily consists of corporate cash which is not directly attributable to the Company's reportable business segments. Capital expenditures in the Managed Properties segment, including investments in real estate property, were $ 17,196 , $ 11,411 and $ 8,538 for the years ended December 31, 2016 , 2015 and 2014 , respectively. Capital expenditures in the Triple Net Lease segment were $ 4,089 , $ 0 and $ 0 for the years ended December 31, 2016 , 2015 and 2014 , respectively. The following table presents the percentage of total revenues by geographic location: Year Ended December 31, 2016 Year Ended December 31, 2015 Number of Communities % of Total Revenue Number of Communities % of Total Revenue Florida 26 19.8 % 26 20.9 % Texas 19 12.0 % 19 13.5 % California 11 10.0 % 12 9.3 % North Carolina 9 6.4 % 9 5.7 % Pennsylvania 7 6.0 % 7 6.3 % Oregon 9 5.3 % 10 5.5 % Utah 6 4.3 % 6 5.2 % Other 65 36.2 % 65 33.6 % Total 152 100.0 % 154 100.0 %

REAL ESTATE INVESTMENTS

REAL ESTATE INVESTMENTS	12 Months Ended
	Dec. 31, 2016
Real Estate [Abstract]
REAL ESTATE INVESTMENTS	REAL ESTATE INVESTMENTS December 31, 2016 December 31, 2015 Gross Carrying Amount Accumulated Depreciation Net Carrying Value Gross Carrying Amount Accumulated Depreciation Net Carrying Value Land $ 220,317 $ — $ 220,317 $ 222,795 $ — $ 222,795 Building and improvements 2,430,658 (163,670 ) 2,266,988 2,455,170 (97,485 ) 2,357,685 Furniture, fixtures and equipment 122,204 (55,298 ) 66,906 112,963 (32,303 ) 80,660 Total real estate investments $ 2,773,179 $ (218,968 ) $ 2,554,211 $ 2,790,928 $ (129,788 ) $ 2,661,140 Depreciation expense was $ 92,372 , $ 72,767 and $ 46,622 for the years ended December 31, 2016 , 2015 and 2014 , respectively. The following table summarizes the Company’s real estate intangibles: December 31, 2016 December 31, 2015 Gross Carrying Amount Accumulated Amortization Net Carrying Value Weighted Average Remaining Amortization Period Gross Carrying Amount Accumulated Amortization Net Carrying Value Weighted Average Remaining Amortization Period Above/below market lease intangibles, net $ 5,868 $ (556 ) $ 5,312 53.7 years $ 5,868 $ (361 ) $ 5,507 52.8 years In-place lease intangibles 308,265 (252,684 ) 55,581 2.7 years 297,253 (164,772 ) 132,481 2.6 years Other intangibles 5,796 (2,212 ) 3,584 9.5 years 5,796 (1,581 ) 4,215 9.4 years Total intangibles $ 319,929 $ (255,452 ) $ 64,477 $ 308,917 $ (166,714 ) $ 142,203 Amortization expense was $ 92,174 , $ 87,551 and $ 56,657 for the years ended December 31, 2016 , 2015 and 2014 , respectively. Additionally, amortization of above/below market leases was $ 143 , $ 142 and $ 119 for the years ended December 31, 2016 , 2015 and 2014 , respectively, and is reported as a net reduction to “Rental revenue” in the Consolidated Statements of Operations. Estimated future amortization of intangible assets is as follows: Years Ending December 31 2017 $ 48,639 2018 8,362 2019 503 2020 503 2021 503 Thereafter 5,967 Total intangibles $ 64,477

RECEIVABLES AND OTHER ASSETS, N

RECEIVABLES AND OTHER ASSETS, NET	12 Months Ended
	Dec. 31, 2016
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
RECEIVABLES AND OTHER ASSETS, NET	RECEIVABLES AND OTHER ASSETS, NET December 31, 2016 December 31, 2015 Escrows held by lenders (A) $ 36,231 $ 19,694 Prepaid expenses 3,617 4,828 Resident receivables, net 3,111 2,594 Deferred tax assets 8,660 8,757 Security deposits 3,238 2,932 Income tax receivable 1,313 1,920 Assets held for sale (B) 10,824 — Other assets and receivables 4,240 4,594 Total receivables and other assets $ 71,234 $ 45,319 (A) Represents amounts held by lenders in tax, insurance, replacement reserve and other escrow accounts that are related to mortgage notes collateralized by New Senior's properties. (B) Represents two AL/MC properties in the Managed Properties segment classified as held for sale as of December 31, 2016 . The balance primarily consists of the carrying value of buildings and land as of December 31, 2016 . These properties were sold on January 31, 2017; see Note 17 for further information. The following table summarizes the allowance for doubtful accounts and the related provision for resident receivables: Year Ended December 31, 2016 2015 2014 Balance, beginning of period $ 509 $ 190 $ 303 Provision for bad debt 2,150 2,105 922 Write-offs, net of recoveries (1,683 ) (1,786 ) (1,035 ) Balance, end of period $ 976 $ 509 $ 190 The provision for resident receivables and related write-offs are included in “Property operating expense” in the Consolidated Statements of Operations.

MORTGAGE NOTES PAYABLE, NET

MORTGAGE NOTES PAYABLE, NET	12 Months Ended
	Dec. 31, 2016
Debt Disclosure [Abstract]
MORTGAGE NOTES PAYABLE, NET	MORTGAGE NOTES PAYABLE, NET December 31, 2016 December 31, 2015 Outstanding Face Amount Carrying Value (A) Maturity Date Stated Interest Rate Weighted Average Maturity (Years) Outstanding Face Amount Carrying Value (A) Managed Properties Fixed Rate $ 604,749 $ 601,232 Dec 2018 - Sep 2025 3.65% to 6.76% 7.2 $ 607,437 $ 603,460 Floating Rate (B) 717,254 710,672 Oct 2020 - May 2022 1M LIBOR + 2.20% to 1M LIBOR + 2.70% 5.0 731,318 723,554 Triple Net Lease Properties Fixed Rate (C) 683,137 667,579 Jan 2021 - Jan 2024 3.80% to 7.40% 5.2 695,984 673,732 Floating Rate 151,634 150,904 Oct 2017 - Apr 2018 3M LIBOR + 3.00% to 3M LIBOR + 3.25% 1.0 152,000 150,571 Total $ 2,156,774 $ 2,130,387 5.4 $ 2,186,739 $ 2,151,317 (A) The totals are reported net of deferred financing costs of $ 27,797 and $ 37,435 as of December 31, 2016 and 2015 , respectively. (B) All of these loans have LIBOR caps that range between 3.30% and 3.80% as of December 31, 2016 . (C) Includes loans with an outstanding face amount of $ 343,763 and $ 292,156 , as of December 31, 2016 , for which the Company bought down the interest rates to 4.00% and 3.80% , respectively, through January 2019. The interest rates will increase to 4.99% and 4.55% , respectively, thereafter. In March 2015, the Company refinanced mortgage loans of $ 297,030 and recognized a loss on extinguishment of debt of $ 5,091 , which represents the write-off of related unamortized deferred financing costs, mortgage discounts, exit fees and other costs, as of the date of the refinancing, and is included in “Loss on extinguishment of debt” in the Consolidated Statements of Operations. In October 2016, the Company repaid $ 13,725 of floating rate debt associated with the sale of two properties in the Managed Properties segment and recognized a loss on extinguishment of debt of $ 245 , which represents exit fees and the write-off of related unamortized deferred financing costs, and is included in “Loss on extinguishment of debt” in the Consolidated Statements of Operations. The carrying value of the collateral relating to fixed rate and floating rate mortgages was $ 1,600,019 and $ 1,018,245 as of December 31, 2016 and $ 1,679,646 and $ 1,122,960 as of December 31, 2015 , respectively. The Company’s mortgage notes payable have contractual maturities as follows: Principal Payments Balloon Payments Total 2017 (A) $ 28,044 $ 98,327 $ 126,371 2018 32,075 81,435 113,510 2019 31,984 95,345 127,329 2020 33,228 31,636 64,864 2021 32,025 311,518 343,543 Thereafter 52,453 1,328,704 1,381,157 Total outstanding face amount $ 209,809 $ 1,946,965 $ 2,156,774 (A) The debt agreement for the balloon payment includes an option for the Company to extend the payment to 2019. The Company’s mortgage notes payable contain various customary financial and other covenants, in some cases including Debt Service Coverage Ratio and Project Yield, as defined in the agreements. The Company was in compliance with the covenants in its mortgage notes payable agreements as of December 31, 2016 . During 2016, the Company finalized an amendment to the Project Yield covenant in one financing secured by a leased portfolio. The amendment reduced the Project Yield threshold for the remaining term of the loan. In connection with this amendment, the Company escrowed $ 11,374 with the lender. The fair values of mortgage notes payable as of December 31, 2016 and 2015 was $ 2,137,097 and $ 2,217,464 , respectively. Mortgage notes payable are not measured at fair value in the Consolidated Balance Sheets. The fair value of mortgage notes payable, classified as level 3 within the fair value hierarchy, is based on a discounted cash flow valuation model. Significant inputs in the model include amounts and timing of expected future cash flows and market yields which are constructed based on inputs implied from similar debt offerings.

DERIVATIVE INSTRUMENTS

DERIVATIVE INSTRUMENTS	12 Months Ended
	Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
DERIVATIVE INSTRUMENTS	DERIVATIVE INSTRUMENTS The Company holds interest rate caps to hedge future payments on floating rate debt obligations. The interest rate caps are carried at fair value and are included in “Receivables and other assets, net” in the Consolidated Balance Sheets. The fair value adjustment on the Company's interest rate caps was a loss of $ 168 and $ 964 for the years ended December 31, 2016 and 2015 , respectively, and is included in “Other expense (income)” in the Consolidated Statements of Operations. The Company did not hold any derivative instruments prior to 2015. The following table presents information related to the Company's outstanding interest rate caps: December 31, 2016 December 31, 2015 Outstanding notional amount $ 717,282 $ 731,318 LIBOR cap range 3.30% to 3.80% 3.30% to 3.80% LIBOR cap effective date range Mar 2015 to Sep 2020 Mar 2015 to Sep 2020 Fair value $ 115 $ 283

ACCRUED EXPENSES AND OTHER LIAB

ACCRUED EXPENSES AND OTHER LIABILITIES	12 Months Ended
	Dec. 31, 2016
Payables and Accruals [Abstract]
ACCRUED EXPENSES AND OTHER LIABILITIES	ACCRUED EXPENSES AND OTHER LIABILITIES December 31, 2016 December 31, 2015 Security deposits payable $ 57,186 $ 54,669 Escrow liabilities (A) 10,503 2,538 Accounts payable 10,137 6,816 Mortgage interest payable 6,671 6,415 Deferred community fees, net 5,257 4,450 Rent collected in advance 3,180 3,937 Property tax payable 3,877 3,599 Other liabilities (B) 4,012 6,749 Total accrued expenses and other liabilities $ 100,823 $ 89,173 (A) Represents amounts held in tax, insurance, and replacement reserve escrow accounts that are related to mortgage notes collateralized by New Senior's triple net lease properties. (B) Includes liabilities related to assets held for sale of $ 74 related to two AL/MC properties classified as held for sale as of December 31, 2016 . These properties were sold on January 31, 2017; see Note 17 for further information.

TRANSACTIONS WITH AFFILIATES

TRANSACTIONS WITH AFFILIATES	12 Months Ended
	Dec. 31, 2016
Related Party Transactions [Abstract]
TRANSACTIONS WITH AFFILIATES	TRANSACTIONS WITH AFFILIATES Management Agreements In conjunction with the spin-off, New Senior entered into a management agreement (the “Management Agreement”) with the Manager dated November 6, 2014 (effective November 7, 2014), under which the Manager advises the Company on various aspects of its business and manages its day-to-day operations, subject to the supervision of the Company’s board of directors. For its management services, the Manager is entitled to a base management fee of 1.5% per annum of the Company’s gross equity. Gross equity is generally defined as the equity invested by Drive Shack (including cash contributed to the Company) as of the completion of the spin-off from Drive Shack, plus the aggregate offering price from stock offerings, plus certain capital contributions to subsidiaries, less capital distributions (calculated without regard to depreciation and amortization) and repurchases of common stock, calculated and payable monthly in arrears in cash. During the years ended December 31, 2016 and 2015 and the period from November 7, 2014 to December 31, 2014, the Company incurred management fees of $ 15,401 , $ 14,279 and $ 1,860 , respectively, under the Management Agreement, which is included in “Management fees and incentive compensation to affiliate” in the Consolidated Statements of Operations. As of December 31, 2016 and 2015 , the Company had a payable for management fees of $ 1,280 and $ 1,349 , respectively, which is included in “Due to affiliates” in the Consolidated Balance Sheets. The Manager is entitled to receive, on a quarterly basis, incentive compensation on a cumulative, but not compounding basis, in an amount equal to the product of (A) 25% of the dollar amount by which (1)(a) funds from operations (as defined in the Management Agreement) before the incentive compensation per share of common stock, plus (b) gains (or losses) from sales of property per share of common stock, plus (c) internal and third party acquisition-related expenses, plus (d) unconsummated transaction expenses, and plus (e) other non-routine items (as defined in the Management Agreement), exceed (2) an amount equal to (a) the weighted average value per share of the equity invested by Drive Shack in the assets of the Company (including cash contributed to the Company) as of the completion of the spin-off and the price per share of the Company’s common stock in any offerings by the Company (adjusted for prior capital dividends or capital distributions, which shall be calculated without regard to depreciation and amortization and repurchases of common stock) multiplied by (b) a simple interest rate of 10% per annum, multiplied by (B) the weighted average number of shares of common stock outstanding. During the years ended December 31, 2016 and 2015 and the period from November 7, 2014 to December 31, 2014, the Manager earned incentive compensation of $ 2,742 , $ 0 and $ 0 , respectively, which is included in “Management fees and incentive compensation to affiliate” in the Consolidated Statements of Operations. As of December 31, 2016 and 2015 , the Company had a payable for incentive compensation of $ 2,106 and $ 0 , respectively, which is included in “Due to affiliates” in the Consolidated Balance Sheets. The Manager is also entitled to receive, upon the successful completion of an equity offering, options with respect to 10% of the number of shares sold in the offering with an exercise price equal to the price paid by the purchaser in the offering. Because the Manager’s employees perform certain legal, accounting, due diligence, asset management and other services that outside professionals or outside consultants otherwise would perform, the Manager is paid or reimbursed, pursuant to the Management Agreement, for the cost of performing such tasks, provided that such costs and reimbursements are no greater than those which would be paid to outside professionals or consultants on an arm’s-length basis. The Company is also required to pay all operating expenses, except those specifically required to be borne by the Manager under the Management Agreement. The Company is required to pay expenses that include, but are not limited to, issuance and transaction costs incidental to the sourcing, evaluation, acquisition, management, disposition, and financing of the Company’s investments, legal, underwriting, sourcing, asset management and accounting and auditing fees and expenses, the compensation and expenses of independent directors, the costs associated with the establishment and maintenance of any credit facilities and other indebtedness of the Company (including commitment fees, legal fees, closing costs, etc.), expenses associated with other securities offerings of the Company, the costs of printing and mailing proxies and reports to the Company’s stockholders, costs incurred by employees or agents of the Manager for travel on the Company’s behalf, costs associated with any computer software or hardware that is used by the Company, costs to obtain liability insurance to indemnify directors and officers and the compensation and expenses of the Company’s transfer agent. The following table summarizes the Company's reimbursement to the Manager for costs incurred for tasks and other services performed by the Manager under the Management Agreement: Year Ended December 31, 2016 Year Ended December 31, 2015 Period From November 7, 2014 to December 31, 2014 Included in: General and administrative expense $ 8,158 $ 6,607 $ 822 Acquisition, transaction and integration expense 1,610 3,073 729 Total reimbursements to the Manager $ 9,768 $ 9,680 $ 1,551 As of December 31, 2016 and 2015 , the Company had a payable for Manager reimbursements of $ 1,046 and $ 1,518 , respectively, which is included in “Due to affiliates” in the Consolidated Balance Sheets. During 2015, the Company executed a plan to centralize operations in New York, New York and relocate certain personnel from the Plano, Texas office to New York, New York. The Company determined that this plan qualified as a restructuring activity under ASC 420. During the years ended December 31, 2016 and 2015 , the Company incurred costs of $ 145 and $ 664 , respectively, which primarily consist of severance-related costs and lease-related expenses associated with the office in Plano, Texas, and are included in “Other expense (income)” in the Consolidated Statements of Operations. The Company does not expect to incur any material costs related to this restructuring in subsequent periods. As of, and for the periods prior to, November 6, 2014, the Company was not party to a stand-alone management agreement with the Manager. However, the Company was allocated a portion of the fees paid by Drive Shack to the Manager for management services in the amount of $ 6,610 for the period from January 1, 2014 to November 6, 2014. Drive Shack’s management agreement with the Manager provides that Drive Shack reimburses the Manager for various expenses incurred by the Manager or its officers, employees and agents on its behalf, including costs of legal, accounting, tax, auditing, administrative and other similar services rendered for Drive Shack by providers retained by the Manager or, if provided by the Manager's employees, based on amounts which are no greater than those which would be payable to outside professionals or consultants engaged to perform such services pursuant to agreements negotiated on an arm's-length basis. Drive Shack’s Manager was also entitled to receive incentive compensation on a cumulative, but not compounding basis, subject to certain performance targets and contingent events. The Manager earned no incentive compensation during the period from January 1, 2014 to November 6, 2014. Property Management Agreements Within the Company’s Managed Properties segment, the Company is party to Property Management Agreements with Blue Harbor, an affiliate of Fortress, and Holiday, a portfolio company that is majority owned by a private equity fund managed by an affiliate of Fortress, to manage most of its senior housing properties. Pursuant to these Property Management Agreements, the Company pays monthly property management fees. For AL/MC properties managed by Blue Harbor and Holiday, the Company pays management fees equal to 6% of effective gross income for the first two years and 7% thereafter. For IL properties managed by Blue Harbor and Holiday, the Company generally pays management fees equal to 5% of effective gross income. For certain property management agreements, the Company may also pay an incentive fee based on operating performance of the properties. No incentive fees were incurred during the years ended December 31, 2016 , 2015 and 2014 . Property management fees are included in “Property operating expense” in the Consolidated Statements of Operations. Other amounts paid to affiliated managers that are included in property operating expense are payroll expense and travel reimbursement costs. The payroll expense is structured as a reimbursement to the Property Manager, who is the employer of record. The following table summarizes property management fees and reimbursements paid by the Company to Property Managers affiliated with Fortress: Year Ended December 31, 2016 2015 2014 Property management fees $ 19,724 $ 16,167 $ 9,327 Travel reimbursement costs 366 369 318 Property-level payroll expenses 104,180 85,477 58,017 As of December 31, 2016 and 2015 , the Company had payables for property management fees of $ 1,676 and $ 1,689 , respectively, and property-level payroll expenses of $ 5,515 and $ 5,088 , respectively, which are included in “Due to affiliates” in the Consolidated Balance Sheets. The Property Management Agreements with affiliated managers have initial terms of 5 or 10 years and provide for automatic one -year extensions after the initial term, subject to termination rights. In October 2016, the Company sold two properties and, pursuant to the Property Management Agreement, paid an early termination fee of $ 1,799 to Blue Harbor. See Note 4 for further information. Triple Net Lease Agreements Within the Company’s Triple Net Lease segment, the Company is party to triple net leases with Holiday. Pursuant to the leases, the tenant is required to pay monthly rent payments in accordance with the lease terms. Such payments amounted to $ 71,015 , $ 67,957 and $ 65,031 for the years ended December 31, 2016 , 2015 and 2014 , respectively.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES New Senior is organized and conducts its operations to qualify as a REIT under the requirements of the Code. However, certain of the Company’s activities are conducted through its TRS and therefore are subject to federal and state income taxes at regular corporate tax rates. The following table presents the provision (benefit) for income taxes: Year Ended December 31, 2016 2015 2014 Current Federal $ 16 $ 26 $ (925 ) State and local 326 84 170 Total current provision 342 110 (755 ) Deferred Federal 89 (3,576 ) 907 State and local 8 (189 ) 8 Total deferred provision 97 (3,765 ) 915 Total provision (benefit) for income taxes $ 439 $ (3,655 ) $ 160 Generally, the Company’s effective tax rate differs from the federal statutory rate as a result of state and local taxes and non-taxable REIT income. The table below provides a reconciliation of the Company’s provision for income taxes, based on the statutory rate of 35% , to the effective tax rate. Year Ended December 31, 2016 2015 2014 Statutory U.S. federal income tax rate 35.00 % 35.00 % 35.00 % Non-taxable REIT (loss) (35.16 )% (30.87 )% (35.03 )% State and local taxes (0.39 )% 0.16 % (0.29 )% Other (0.06 )% (0.06 )% (0.03 )% Effective income tax rate (0.61 )% 4.23 % (0.35 )% The tax effects of temporary differences that give rise to significant portions of the Company’s deferred tax assets and deferred tax liabilities are presented below: December 31, 2016 2015 Deferred tax assets: Prepaid fees and rent $ 1,816 $ 1,976 Net operating loss 4,386 5,175 Deferred rent 3,129 2,063 Tax credits 42 26 Other 113 70 Total deferred tax assets 9,486 9,310 Less valuation allowance — — Net deferred tax assets 9,486 9,310 Deferred tax liabilities: Depreciation and amortization 826 553 Total deferred tax liabilities 826 553 Total net deferred tax assets $ 8,660 $ 8,757 Net deferred tax assets are recorded within “Receivables and other assets, net” in the Consolidated Balance Sheets. As of December 31, 2016 , the Company's TRS had a loss carryforward of approximately $ 11,357 for federal and state income tax purposes, which will begin to expire in 2034 . The net operating loss carryforward can generally be used to offset future taxable income, if and when it arises. In assessing the recoverability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income by the TRS during the periods in which temporary differences become deductible and before the net operating loss carryforward expires. The Company has not recorded a valuation allowance against its deferred tax assets as of December 31, 2016 as management believes that it is more likely than not that its deferred tax assets will be realized. The Company and its TRS file income tax returns with the U.S. federal government and various state and local jurisdictions. Generally, the Company is no longer subject to tax examinations by tax authorities for tax years ended prior to December 31, 2013. The examination of the Company’s TRS federal income tax return for the year ended December 31, 2013 was completed and is no longer subject to examination. The conclusion of the examination resulted in a minimal reduction to the TRS's net operating loss carryforward. The Company has assessed its tax positions for all open years and concluded that there are no material uncertainties to be recognized. As of December 31, 2016 , the Company does not believe that there will be a significant change to uncertain tax positions during the next 12 months.

EQUITY AND EARNINGS PER SHARE

EQUITY AND EARNINGS PER SHARE	12 Months Ended
	Dec. 31, 2016
Stockholders' Equity Note [Abstract]
EQUITY AND EARNINGS PER SHARE	EQUITY AND EARNINGS PER SHARE Equity and Dividends During the years ended December 31, 2016 , 2015 and 2014 , dividends declared per common share were $1.04 , $0.75 and $0.23 , respectively. On December 17, 2015, the board of directors authorized the Company to commence a modified “Dutch auction” self-tender offer to repurchase up to $ 30,000 in cash of shares of its common stock. The tender offer commenced on December 17, 2015 and expired on January 19, 2016. The Company incurred $ 30,913 , including transaction costs, to repurchase 3,333,333 shares at a tender price of $ 9.00 per share. The cost paid to acquire the shares in excess of par was recorded in “Additional paid-in capital” in the Consolidated Statements of Changes in Equity. In July 2016, the Company issued an aggregate of 13,029 shares of its common stock to its independent directors as compensation. As of December 31, 2016 , 1,302,720 shares of the Company's common stock were held by Fortress, through its affiliates, and its principals. Option Plan Effective upon the spin-off, the Company has a Nonqualified Stock Option and Incentive Award Plan (the “Plan”) which provides for the grant of equity-based awards, including restricted stock, stock options, stock appreciation rights, performance awards, tandem awards and other equity-based and non-equity based awards, in each case to the Manager and to the directors, officers, employees, service providers, consultants and advisors of the Manager who perform services for New Senior and to New Senior’s directors, officers, service providers, consultants and advisors. New Senior has initially reserved 30 million shares of its common stock for issuance under the Plan; on the first day of each fiscal year beginning during the ten -year term of the Plan in and after calendar year 2014, that number will be increased by a number of shares of New Senior’s common stock equal to 10% of the number of shares of common stock newly issued by New Senior during the immediately preceding fiscal year. New Senior’s board of directors may also determine to issue options to the Manager that are not subject to the Plan, provided that the number of shares underlying any options granted to the Manager in connection with capital raising efforts would not exceed 10% of the shares sold in such offering and would be subject to NYSE rules. Prior to the spin-off, Drive Shack had issued rights relating to shares of Drive Shack’s common stock (the “Drive Shack options”) to the Manager in connection with capital raising activities. In connection with the spin-off, 5.5 million options that were held by the Manager, or by the directors, officers or employees of the Manager, were converted into an adjusted Drive Shack option and a right relating to a number of shares of New Senior common stock (the “New Senior option”). The exercise price of each adjusted Drive Shack option and New Senior option was set to collectively maintain the intrinsic value of the Drive Shack option immediately prior to the spin-off and to maintain the ratio of the exercise price of the adjusted Drive Shack option and the New Senior option, respectively, to the fair market value of the underlying shares as of the spin-off date, in each case based on the five day average closing price subsequent to the spin-off date. The options expired or expire, as applicable, between January 12, 2015 and August 18, 2024 . 2016 Activity In the first quarter of 2016, strike prices for outstanding options were reduced by $0.98 , reflecting the portion of the Company's 2015 dividends which were deemed return of capital. In March 2016, the Company granted options to a new director relating to 5,000 shares of common stock, the grant date fair value of which was not material. 2015 Activity In connection with the June 2015 public equity offering, the Company granted options to the Manager, pursuant to the Management Agreement, relating to 2,011,409 shares of New Senior's common stock at a price of $13.75 , which had a grant date fair value of $2,976 . The Company applied the Black Scholes model to value the options and the assumptions used were: a 2.51% risk-free rate, a 8.16% dividend yield, 21.32% volatility and a 10 year term. The fair value of these options was recorded as an increase in equity with an offsetting reduction of capital proceeds received. On July 16, 2015 and November 6, 2015, former and current employees of the Manager exercised options in respect of 12,499 and 162,492 shares, respectively, of the Company's common stock. In each case, the exercise of the options was accomplished pursuant to a cashless exercise, whereby the option holders surrendered 7,864 and 137,081 shares, respectively, of common stock based on the closing market prices on July 16, 2015 and November 5, 2015, which were $ 13.40 and $ 9.99 per share, respectively, to cover the per share exercise price of the options. The options had a weighted average exercise price of $ 8.43 per share. The Company's outstanding options are summarized as follows: Outstanding Options at December 31, 2015 2016 Activity Outstanding Options at December 31, 2016 Exercised Expired / Forfeited Granted / Transferred Held by the Manager 6,985,606 — (5,210 ) (402,282 ) 6,578,114 Issued to the Manager and subsequently transferred to certain of the Manager’s employees 296,079 — (23,121 ) 402,282 675,240 Issued to the independent directors 20,000 — — 5,000 25,000 Total outstanding options 7,301,685 — (28,331 ) 5,000 7,278,354 The following table summarizes the Company's outstanding options as of December 31, 2016 . The last sale price on the NYSE for the Company's common stock in the year ended December 31, 2016 was $ 9.79 per share. Recipient Date of Grant / Exercise (A) Number of Options Options Exercisable Weighted Average Exercise Price (B) Intrinsic Value (millions) Manager (C) 2004 - 2007 227,073 116,330 $ 54.94 $ — Manager March 2011 182,527 182,527 6.20 0.7 Manager September 2011 283,305 283,305 3.11 1.9 Manager (C) April 2012 311,191 257,660 6.68 0.8 Manager (C) May 2012 377,495 312,026 7.77 0.6 Manager (C) July 2012 416,522 346,343 7.73 0.7 Manager (C) January 2013 958,331 958,331 13.44 — Manager (C) February 2013 383,331 383,331 15.87 — Manager (C) June 2013 670,829 670,829 16.91 — Manager (C) November 2013 965,847 965,847 18.25 — Manager August 2014 765,416 714,388 19.91 — Directors November 2014 20,000 20,000 16.23 — Manager (C) June 2015 2,011,409 1,206,845 12.77 — Directors March 2016 5,000 5,000 10.12 — Total 7,578,276 6,422,762 Less: Exercised options 2014 14,188 N/A 8.41 N/A Exercised options 2015 174,991 N/A 8.43 N/A Expired options 2004 - 2006 110,743 N/A 57.87 N/A Total outstanding options 7,278,354 6,422,762 Aggregate: Weighted average exercise price $ 14.35 $ 14.51 Weighted average remaining life (years) 6.8 6.6 Intrinsic value (millions) $ 4.7 $ 4.7 (A) Options expire on the tenth anniversary from date of grant. (B) The strike prices are subject to adjustment in connection with return of capital dividends. (C) The Manager assigned certain of its options to Fortress’s employees as follows: Date of Grant Range of Strike Prices Total Unexercised Inception to Date Min Max 2004 - 2007 $ 52.28 $ 59.94 6,301 2012 6.68 7.77 — 2013 13.44 18.25 266,657 2015 12.77 12.77 402,282 Total options assigned to employees 675,240 Earnings Per Share The Company is required to present both basic and diluted EPS. Basic EPS is calculated by dividing net loss by the weighted average number of shares of common stock outstanding. Diluted EPS is computed by dividing net loss by the weighted average number of shares of common stock outstanding plus the additional dilutive effect, if any, of common stock equivalents during each period. The Company's common stock equivalents are its outstanding stock options. Basic and Diluted EPS for all periods prior to the spin-off reflect the number of distributed shares on November 7, 2014, or 66.4 million shares. For 2014 year-to-date calculations, these shares are treated as issued and outstanding from January 1, 2014 for purposes of calculating historical basic EPS, similar to a stock split. At the time of the spin-off, the Drive Shack options were converted to awards of New Senior, and, therefore, there were no potentially dilutive securities outstanding for historical periods. For 2014, the Company determined its weighted average diluted shares outstanding assuming that the date of New Senior's separation from Drive Shack was the beginning of the period. During the years ended December 31, 2016 , 2015 and 2014 , 539,783 , 635,624 and 162,563 potentially dilutive shares, respectively, were excluded given the Company’s loss position, so basic EPS and diluted EPS were the same for each reporting period.

CONCENTRATION OF CREDIT RISK

CONCENTRATION OF CREDIT RISK	12 Months Ended
	Dec. 31, 2016
Risks and Uncertainties [Abstract]
CONCENTRATION OF CREDIT RISK	CONCENTRATION OF CREDIT RISK The following graphs present the Company's managed properties and triple net lease properties as a percentage of the Company's real estate investments (based on their carrying amount): Managed Properties The following table presents the properties managed by Holiday and Blue Harbor as a percentage of segment real estate investments, net, segment revenue and segment NOI: As of and for the year ended December 31, 2016 2015 2014 Holiday Blue Harbor Holiday Blue Harbor Holiday Blue Harbor Segment Real Estate Investments, Net 78.2 % 17.5 % 77.9 % 17.5 % 44.2 % 53.0 % Segment Revenue 65.9 % 29.6 % 57.7 % 38.8 % 45.4 % 54.4 % Segment NOI 72.3 % 24.2 % 62.2 % 34.4 % 41.8 % 57.9 % Because Holiday and Blue Harbor manage, but do not lease the Company's properties in the Managed Properties segment, the Company is not directly exposed to their credit risk in the same manner or to the same extent as that of the Company's triple net lease tenants. However, the Company relies on Holiday and Blue Harbor's personnel, expertise, accounting resources and information systems, proprietary information, good faith and judgment to manage the Company's properties efficiently and effectively. The Company also relies on Holiday and Blue Harbor to otherwise operate the Company's properties in compliance with the terms of the Property Management Agreements, although the Company has various rights as the property owner to terminate and exercise remedies under the Property Management Agreements. Holiday's and Blue Harbor ’ s inability or unwillingness to satisfy their obligations under those agreements, to efficiently and effectively manage the Company's properties, or to provide timely and accurate accounting information could have a material adverse effect on the Company. Additionally, significant changes in Holiday's and Blue Harbor ’ s senior management or adverse developments in their business and affairs or financial condition could have a material adverse effect on the Company. Triple Net Lease Properties The following table presents lease agreements with the tenant for the Holiday Portfolios as a percentage of the Company's total revenue and total NOI: Year Ended December 31, 2016 2015 2014 Total Revenue 18.9 % 23.0 % 35.0 % Total NOI 38.9 % 45.0 % 62.5 % Pursuant to the triple net lease arrangements, the tenants are contractually obligated to pay for all property-related expenses, including maintenance, utilities, taxes, insurance, repairs, capital improvements and the payroll expense of property-level employees. If any tenant defaults under the lease, material adverse effects may include loss in revenues and funding of certain property related costs. In addition, each of the leases requires the tenant to comply with the terms of mortgage financing documents, if any, affecting the properties and has guaranty and cross default provisions tied to other leases with the same tenant. Because the properties leased to the tenant for the Holiday Portfolios account for a significant portion of total revenues and NOI, the Company’s financial condition and results of operations could be weakened and the Company’s ability to service its indebtedness and to make distributions to stockholders could be limited if the tenant for the Holiday Portfolios becomes unable or unwilling to satisfy its obligations to the Company or to renew leases with the Company upon expiration of the terms thereof. New Senior cannot assure that the tenant for the Holiday Portfolios will have sufficient assets, income and access to financing to enable it to satisfy its respective obligations to the Company, and any inability or unwillingness by the tenant for the Holiday Portfolios to do so could have a material adverse effect on the Company’s business, financial condition, results of operations and liquidity, the Company’s ability to service its indebtedness and other obligations and ability to make distributions to stockholders, as required for the Company to continue to qualify as a REIT. New Senior also cannot assure that the tenant for the Holiday Portfolios will elect to renew leases with the Company upon expiration of the terms thereof or that New Senior will be able to reposition any properties that are not renewed on a timely basis or on the same or better economic terms, if at all. The Company monitors the creditworthiness of its tenants by evaluating the ability of the tenants to meet their lease obligations to the Company based on the tenants’ financial performance, including the evaluation of tenant lease obligations. The Company periodically obtains various financial and operational information and reviews this information in conjunction with contractually agreed coverage metrics to monitor the financial condition and performance of the tenants, and ultimately, the tenants’ ability to generate sufficient liquidity to meet their obligations under the leases. Each triple net master lease includes (i) a covenant requiring the tenant for the Holiday Portfolios to maintain a minimum lease coverage ratio, which the triple net master lease defines as net operating income less a reserve for capital expenditures for the applicable trailing 12 -month period for the Holiday Portfolios divided by the base rental revenue for such trailing 12 -month period, which steps up during the term of the lease and is subject to certain cure provisions, (ii) minimum capital expenditure requirements, (iii) customary operating covenants, events of default, and remedies, (iv) a non-compete clause restricting certain affiliates of the tenant for the Holiday Portfolios from developing or constructing new independent living properties within a specified radius of any property acquired by the Company in this transaction, and (v) restrictions on a change of control of the tenant for the Holiday Portfolios and Guarantor (as defined below), subject to certain exceptions. The triple net master leases also require the tenant for the Holiday Portfolios to fund a security deposit in the amount of approximately $ 43,354 , which serves as security for the tenant for the Holiday Portfolios' performance of its obligations to the Company. Additionally, the tenant for the Holiday Portfolios granted the Company a first priority security interest in certain personal property and receivables arising from the operations of the Holiday Portfolios, which security interest also secures the tenant for the Holiday Portfolios' obligations under the triple net master leases. The tenant for the Holiday Portfolios' obligations to the Company under the triple net master leases are further guaranteed by Holiday AL Holdings LP, (the “Guarantor”), an affiliate of Fortress. The Guarantor is required to maintain a minimum net worth of $ 150,000 , a minimum fixed charge coverage ratio of 1.10 and a maximum leverage ratio of 10 to 1 .

FUTURE MINIMUM RENTS

FUTURE MINIMUM RENTS	12 Months Ended
	Dec. 31, 2016
Leases [Abstract]
FUTURE MINIMUM RENTS	FUTURE MINIMUM RENTS The following table sets forth future contracted minimum rents from tenants within the Triple Net Lease Properties segment, excluding contingent payment escalations, as of December 31, 2016 : Years Ending December 31 2017 $ 95,230 2018 98,471 2019 101,715 2020 105,067 2021 108,531 Thereafter 1,126,284 Total future minimum rents $ 1,635,298

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES As of December 31, 2016 , management believes there are no material contingencies that would affect the Company’s results of operations, cash flows or financial position. Certain Obligations, Liabilities and Litigation The Company is and may become subject to various obligations, liabilities, investigations, inquiries and litigation assumed in connection with or arising out of its acquisitions or otherwise arising in connection with its on-going business. Some of these liabilities may be indemnified by third parties. However, if these liabilities, investigations and inquiries are greater than expected or were not known to the Company at the time of acquisition, if the Company is not entitled to indemnification, or if the responsible third party fails to indemnify the Company for these liabilities, such obligations, liabilities and litigation could have a material adverse effect on the Company. In addition, in connection with the sale or leasing of properties, the Company may incur various obligations and liabilities, including indemnification obligations, relating to the operations of those properties, which could have a material adverse effect on the Company’s financial position, cash flows and results of operations. Certain Tax-Related Covenants If New Senior is treated as a successor to Drive Shack under applicable U.S. federal income tax rules, and if Drive Shack failed to qualify as a REIT for a taxable year ending on or before December 31, 2015, New Senior could be prohibited from electing to be a REIT. Accordingly, in the separation and distribution agreement entered into to effect our spin-off from Drive Shack (“Separation and Distribution Agreement”), Drive Shack (i) represented that it had no knowledge of any fact or circumstance that would cause New Senior to fail to qualify as a REIT, (ii) covenanted to use commercially reasonable efforts to cooperate with New Senior as necessary to enable New Senior to qualify for taxation as a REIT and receive customary legal opinions concerning REIT status, including providing information and representations to New Senior and its tax counsel with respect to the composition of Drive Shack’s income and assets, the composition of its stockholders and its operation as a REIT, and (iii) covenanted to use its reasonable best efforts to maintain its REIT status for each of Drive Shack’s taxable years ending on or before December 31, 2015 (unless Drive Shack obtains an opinion from a nationally recognized tax counsel or a private letter ruling from the Internal Revenue Service (“IRS”) to the effect that Drive Shack’s failure to maintain its REIT status will not cause New Senior to fail to qualify as a REIT under the successor REIT rule referred to above). Proceedings Indemnified and Defended by Third Parties From time to time, the Company is party to certain legal actions, regulatory investigations and claims for which third parties are contractually obligated to indemnify, defend and hold the Company harmless. While the Company is presently not being defended by any tenant and other obligated third parties in these types of matters, there is no assurance that its tenants, their affiliates or other obligated third parties will continue to defend the Company in these matters, or that such parties will have sufficient assets, income and access to financing to enable them to satisfy their defense and indemnification obligations to the Company. Environmental Costs As a commercial real estate owner, the Company is subject to potential environmental costs. As of December 31, 2016 , management of the Company is not aware of any environmental concerns that would have a material adverse effect on the Company’s financial position or results of operations. Capital Improvement, Repair and Lease Commitments The Company is committed to making $ 4,000 immediately available for capital improvements to the triple net lease properties under the LCS Portfolio, of which $ 3,851 has been funded as of December 31, 2016 . The Company also agreed to make available an additional $ 11,500 at certain intervals over the 15 year lease period to be used for further capital improvements. Upon funding the capital improvements, the Company will be entitled to a rent increase. Additionally, the Company is committed under the Watermark triple net lease property to make $ 1,000 available for lender mandated repairs, of which $ 334 has been funded as of December 31, 2016 . The Company has also agreed to make $ 1,000 available for additional capital improvements during the 15 year lease period. Upon funding the capital improvements, the Company will be entitled to a rent increase.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2016
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS These consolidated financial statements include a discussion of material events, if any, which have occurred subsequent to December 31, 2016 (referred to as subsequent events) through the issuance of the consolidated financial statements. During January 2017, the Company issued an aggregate of 13,969 shares of its common stock to independent directors as compensation. On January 31, 2017, the Company sold two AL/MC properties with a net carrying value for real estate investments of $ 10,774 for a purchase price of $ 15,500 , resulting in a gain of approximately $ 4,000 . In connection with this sale, the Company repaid $ 14,730 of debt. On February 27, 2017, the Company's board of directors declared a cash dividend on its common stock of $ 0.26 per common share for the quarter ended December 31, 2016 . The dividend is payable on March 22, 2017 to shareholders of record on March 10, 2017.

QUARTERLY FINANCIAL INFORMATION

QUARTERLY FINANCIAL INFORMATION (UNAUDITED)	12 Months Ended
	Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
QUARTERLY FINANCIAL INFORMATION (UNAUDITED)	QUARTERLY FINANCIAL INFORMATION (UNAUDITED) Quarter Ended Year Ended December 31 2016 March 31 June 30 September 30 December 31 Revenue $ 117,945 $ 118,541 $ 118,457 $ 117,495 $ 472,438 Net operating income 57,320 57,935 57,103 57,053 229,411 Loss before income taxes (22,074 ) (27,883 ) (19,459 ) (2,394 ) (71,810 ) Income tax (benefit) expense (226 ) (525 ) 782 408 439 Net loss $ (21,848 ) $ (27,358 ) $ (20,241 ) $ (2,802 ) $ (72,249 ) Loss per share of common stock Basic and diluted $ (0.26 ) $ (0.33 ) $ (0.25 ) $ (0.03 ) $ (0.88 ) Weighted average number of shares of common stock outstanding Basic and diluted 83,066,599 82,114,218 82,126,397 82,127,247 82,357,349 2015 Revenue $ 73,860 $ 91,200 $ 104,985 $ 118,433 $ 388,478 Net operating income 39,589 48,376 53,225 57,745 198,935 Loss before income taxes (21,348 ) (21,061 ) (18,337 ) (25,334 ) (86,080 ) Income tax (benefit) expense (95 ) 129 (378 ) (3,311 ) (3,655 ) Net loss $ (21,253 ) $ (21,190 ) $ (17,959 ) $ (22,023 ) $ (82,425 ) Loss per share of common stock Basic and diluted $ (0.32 ) $ (0.32 ) $ (0.21 ) $ (0.26 ) $ (1.08 ) Weighted average number of shares of common stock outstanding Basic and diluted 66,415,415 66,857,483 86,533,384 86,271,022 76,601,161 Results of operations for 2015 include $ 2.2 million in out of period adjustments which primarily relate to: (a) a $ 2.2 million tax benefit recognized in the fourth quarter for deferred tax assets originating in the Company's TRS which should have been recognized in prior years and (b) an adjustment of approximately $ 1.8 million in additional amortization of acquired intangibles recognized in the fourth quarter, the majority of which should have been recognized in the three-month period ended September 30, 2015. The Company does not believe these out of period adjustments are material to its financial position or results of operations for any prior periods, nor to the year ended December 31, 2015.

SCHEDULE III, REAL ESTATE AND A

SCHEDULE III, REAL ESTATE AND ACCUMULATED DEPRECIATION	12 Months Ended
	Dec. 31, 2016
SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]
SCHEDULE III, REAL ESTATE AND ACCUMULATED DEPRECIATION	Location Initial Cost to the Company Gross Amount Carried at Close of Period Property Name Type City State Encumbrances (A) Land Buildings and Improvements Furniture, Fixtures and Equipment Costs Capitalized Subsequent to Acquisition Land Buildings and Improvements Furniture, Fixtures and Equipment Total (B) Accumulated Depreciation Net Book Value Year Constructed / Renovated Year Acquired Life on Which Depreciation in Income Statement is Computed Managed Properties Andover Place IL Little Rock AR 13,995 629 14,664 783 173 629 14,717 903 16,249 (791 ) 15,458 1991/NA 2015 3-40 years Desert Flower AL/MC Scottsdale AZ 17,452 2,295 16,901 101 659 2,295 17,336 325 19,956 (2,293 ) 17,663 1999/2005 2012 3-40 years Arcadia Place IL Vista CA 16,575 1,569 14,252 804 248 1,569 14,343 961 16,873 (839 ) 16,034 1989/NA 2015 3-40 years Chateau at Harveston IL Temecula CA 25,275 1,564 27,532 838 87 1,564 27,578 879 30,021 (1,553 ) 28,468 2008/NA 2015 3-40 years Golden Oaks IL Yucaipa CA 22,735 772 24,989 867 146 772 25,036 966 26,774 (1,519 ) 25,255 2008/NA 2015 3-40 years Orchard Park AL/MC Clovis CA 16,331 1,126 16,889 45 607 1,126 17,273 268 18,667 (2,237 ) 16,430 1998/2007 2012 3-40 years Rancho Village IL Palmdale CA 18,660 323 22,341 882 283 323 22,382 1,124 23,829 (1,410 ) 22,419 2008/NA 2015 3-40 years Sunshine Villa AL/MC Santa Cruz CA 21,145 2,243 21,082 58 590 2,243 21,413 317 23,973 (2,800 ) 21,173 1990/NA 2012 3-40 years The Remington IL Hanford CA 13,628 1,300 16,003 825 351 1,300 16,099 1,080 18,479 (880 ) 17,599 1997/NA 2015 3-40 years The Springs of Escondido IL Escondido CA 15,375 670 14,392 721 622 670 14,678 1,057 16,405 (807 ) 15,598 1986/NA 2015 3-40 years The Springs of Napa IL Napa CA 15,408 2,419 11,978 700 158 2,419 11,999 837 15,255 (748 ) 14,507 1996/NA 2015 3-40 years Quincy Place IL Denver CO 16,435 1,179 18,200 825 (199 ) 1,179 18,277 549 20,005 (939 ) 19,066 1996/NA 2015 3-40 years Augustine Landing IL Jacksonville FL 19,076 680 19,635 770 115 680 19,666 854 21,200 (962 ) 20,238 1999/NA 2015 3-40 years Balmoral AL/MC Lake Placid FL 2,415 1,173 4,548 838 311 1,173 4,619 1,078 6,870 (1,178 ) 5,692 2007/NA 2013 3-40 years Barkley Place AL/MC Fort Myers FL 11,395 1,929 9,158 1,040 782 1,929 9,632 1,348 12,909 (1,557 ) 11,352 1988/NA 2013 3-40 years Bayside Terrace AL/MC Pinellas Park FL 7,740 1,407 9,481 848 1,134 1,407 9,952 1,511 12,870 (1,859 ) 11,011 1986/2007 2013 3-40 years Bradenton Oaks AL/MC Bradenton FL 5,250 1,161 9,207 748 941 1,161 9,768 1,128 12,057 (1,654 ) 10,403 1973/1988 2013 3-40 years Forest Oaks AL/MC Spring Hill FL 7,107 787 5,614 529 263 787 5,673 733 7,193 (1,010 ) 6,183 1988/2006 2013 3-40 years Grace Manor AL/MC Port Orange FL 4,146 950 4,482 135 81 950 4,511 187 5,648 (276 ) 5,372 2011/NA 2015 3-40 years Lake Morton Plaza AL/MC Lakeland FL 8,605 1,098 14,707 918 562 1,098 14,884 1,303 17,285 (2,132 ) 15,153 1984/NA 2013 3-40 years Marion Woods IL Ocala FL 19,936 540 20,048 882 266 540 20,126 1,070 21,736 (1,099 ) 20,637 2003/NA 2015 3-40 years Renaissance AL/MC Sanford FL 5,260 1,390 8,901 629 886 1,390 9,405 1,011 11,806 (1,506 ) 10,300 1984/NA 2013 3-40 years Royal Palm AL/MC Port Charlotte FL 14,350 2,019 13,696 1,370 1,332 2,019 14,321 2,077 18,417 (2,529 ) 15,888 1985/NA 2013 3-40 years Spring Haven AL/MC Winter Haven FL 18,199 3,446 21,523 1,477 1,829 3,446 22,780 2,049 28,275 (3,397 ) 24,878 1984/NA 2013 3-40 years Spring Oaks AL/MC Brooksville FL 5,625 700 5,077 439 290 700 5,140 666 6,506 (927 ) 5,579 1988/NA 2013 3-40 years Sterling Court IL Deltona FL 9,365 1,095 13,960 954 171 1,095 14,055 1,030 16,180 (1,078 ) 15,102 2008/NA 2015 3-40 years Summerfield AL/MC Bradenton FL 12,435 1,367 14,361 1,247 1,222 1,367 14,596 2,234 18,197 (2,598 ) 15,599 1988/NA 2013 3-40 years Sunset Lake Village AL/MC Venice FL 10,055 1,073 13,254 838 419 1,073 13,343 1,168 15,584 (1,961 ) 13,623 1998/NA 2013 3-40 years The Grande AL/MC Brooksville FL 7,410 1,754 8,536 569 884 1,754 9,050 939 11,743 (1,405 ) 10,338 1960/2012 2013 3-40 years University Pines IL Pensacola FL 21,057 1,080 19,150 777 137 1,080 19,238 826 21,144 (935 ) 20,209 1996/NA 2015 3-40 years Venetian Gardens IL Venice FL 16,565 865 21,173 860 284 865 21,241 1,076 23,182 (1,386 ) 21,796 2007/NA 2015 3-40 years Village Place AL/MC Port Charlotte FL 8,365 1,064 8,503 679 589 1,064 8,593 1,178 10,835 (1,482 ) 9,353 1998/NA 2013 3-40 years Windward Palms IL Boynton Beach FL 16,805 1,564 20,097 867 318 1,564 20,308 974 22,846 (1,363 ) 21,483 2007/NA 2015 3-40 years Ivy Springs Manor AL/MC Buford GA 13,704 1,230 13,067 270 144 1,230 13,131 350 14,711 (721 ) 13,990 2012/NA 2015 3-40 years Pinegate IL Macon GA 12,902 540 12,290 811 167 540 12,346 922 13,808 (734 ) 13,074 2001/NA 2015 3-40 years Location Initial Cost to the Company Gross Amount Carried at Close of Period Property Name Type City State Encumbrances (A) Land Buildings and Improvements Furniture, Fixtures and Equipment Costs Capitalized Subsequent to Acquisition Land Buildings and Improvements Furniture, Fixtures and Equipment Total (B) Accumulated Depreciation Net Book Value Year Constructed / Renovated Year Acquired Life on Which Depreciation in Income Statement is Computed Kalama Heights IL Kihei HI 22,896 3,360 27,212 846 219 3,360 27,300 977 31,637 (1,339 ) 30,298 2000/NA 2015 3-40 years Willow Park AL/MC Boise ID 13,621 1,456 13,548 58 468 1,456 13,883 191 15,530 (1,891 ) 13,639 1997/2011 2012 3-40 years Grandview AL/MC Peoria IL 11,500 1,606 12,015 280 83 1,606 12,080 298 13,984 (819 ) 13,165 2014 2014 3-40 years Redbud Hills IL Bloomington IN 16,500 2,140 17,839 797 170 2,140 17,919 887 20,946 (927 ) 20,019 1998/NA 2015 3-40 years Greenwood Terrace IL Lenexa KS 19,643 950 21,883 811 821 950 21,982 1,533 24,465 (1,140 ) 23,325 2003/NA 2015 3-40 years Waterview Court IL Shreveport LA 6,530 1,267 4,070 376 637 1,267 4,519 564 6,350 (553 ) 5,797 1999/NA 2015 3-40 years Bluebird Estates IL East Longmeadow MA 22,085 5,745 24,591 954 97 5,745 24,626 1,016 31,387 (1,662 ) 29,725 2008/NA 2015 3-40 years Quail Run Estates IL Agawam MA 18,799 1,410 21,330 853 352 1,410 21,378 1,157 23,945 (1,212 ) 22,733 1996/NA 2015 3-40 years Ashford Court IL Westland MI 9,360 1,500 9,000 450 568 1,500 9,387 631 11,518 (1,154 ) 10,364 1988/1992/1997 2014 3-40 years Genesee Gardens IL Flint Township MI 15,900 420 17,080 825 349 420 17,318 936 18,674 (890 ) 17,784 2001/NA 2015 3-40 years Sterling Place IL Southfield MI 3,920 463 2,707 251 495 463 2,866 587 3,916 (395 ) 3,521 1986/NA 2015 3-40 years The Gardens AL/MC Ocean Springs MS 6,185 850 7,034 460 365 850 7,231 628 8,709 (768 ) 7,941 1999/2004/2013 2014 3-40 years Aspen View IL Billings MT 14,110 930 22,611 881 (289 ) 930 22,702 501 24,133 (1,143 ) 22,990 1996/NA 2015 3-40 years Cedar Ridge IL Burlington NC 15,637 1,030 20,330 832 129 1,030 20,364 927 22,321 (986 ) 21,335 2006/NA 2015 3-40 years Courtyards at Berne Village AL/MC New Bern NC 19,970 1,657 12,893 1,148 750 1,657 13,170 1,621 16,448 (2,281 ) 14,167 1985/2004 2013 3-40 years Crescent Heights IL Concord NC 21,285 1,960 21,290 867 168 1,960 21,345 980 24,285 (1,424 ) 22,861 2008/NA 2015 3-40 years Forsyth Court IL Winston Salem NC 13,440 1,428 13,286 499 569 1,428 13,628 726 15,782 (982 ) 14,800 1989/NA 2015 3-40 years Lodge at Wake Forest IL Wake Forest NC 22,820 1,209 22,571 867 213 1,209 22,631 1,020 24,860 (1,421 ) 23,439 2008/NA 2015 3-40 years Shads Landing IL Charlotte NC 22,005 1,939 21,988 846 105 1,939 22,028 911 24,878 (1,495 ) 23,383 2008/NA 2015 3-40 years Woods at Holly Tree IL Wilmington NC 27,382 3,310 24,934 811 192 3,310 24,987 950 29,247 (1,229 ) 28,018 2001/NA 2015 3-40 years Rolling Hills Ranch IL Omaha NE 14,475 1,022 16,251 846 12 1,022 16,327 782 18,131 (1,149 ) 16,982 2007/NA 2015 3-40 years Kirkwood Corners AL/MC Lee NH 2,490 578 1,847 124 215 578 1,944 242 2,764 (298 ) 2,466 1996 2014 3-40 years Maple Suites IL Dover NH 25,205 1,084 30,943 838 168 1,084 31,011 938 33,033 (1,967 ) 31,066 2007/NA 2015 3-40 years Pine Rock Manor AL/MC Warner NH 8,175 780 8,580 378 317 780 8,761 514 10,055 (1,061 ) 8,994 1994 2014 3-40 years Location Initial Cost to the Company Gross Amount Carried at Close of Period Property Name Type City State Encumbrances (A) Land Buildings and Improvements Furniture, Fixtures and Equipment Costs Capitalized Subsequent to Acquisition Land Buildings and Improvements Furniture, Fixtures and Equipment Total (B) Accumulated Depreciation Net Book Value Year Constructed / Renovated Year Acquired Life on Which Depreciation in Income Statement is Computed Pines of New Market AL/MC Newmarket NH 5,950 629 4,879 353 217 629 4,997 452 6,078 (607 ) 5,471 1999 2014 3-40 years Montara Meadows IL Las Vegas NV 11,670 1,840 11,654 1,206 986 1,840 11,935 1,911 15,686 (953 ) 14,733 1986/NA 2015 3-40 years Manor at Woodside IL Poughkeepsie NY 17,365 — 12,130 670 689 — 12,610 879 13,489 (1,838 ) 11,651 2001/NA 2013 3-40 years Alexis Gardens IL Toledo OH 17,384 450 18,412 811 210 450 18,474 959 19,883 (959 ) 18,924 2002/NA 2015 3-40 years Copley Place IL Copley OH 15,500 553 19,125 867 128 553 19,193 927 20,673 (1,265 ) 19,408 2008/NA 2015 3-40 years Laurelwood AL/MC Dayton OH 6,900 1,056 7,755 750 571 1,056 7,912 1,164 10,132 (1,295 ) 8,837 1994/NA 2014 3-40 years Lionwood IL Oklahoma City OK 4,580 744 5,180 383 296 744 5,348 511 6,603 (491 ) 6,112 2000/NA 2015 3-40 years Parkrose Chateau IL Portland OR 12,569 2,740 17,472 749 246 2,740 17,584 883 21,207 (915 ) 20,292 1991/NA 2015 3-40 years Sheldon Park AL/MC Eugene OR 19,607 929 20,662 91 530 929 21,078 205 22,212 (2,704 ) 19,508 1998/NA 2012 3-40 years Stone Lodge IL Bend OR 19,675 1,200 25,753 790 134 1,200 25,797 880 27,877 (1,176 ) 26,701 1999/NA 2015 3-40 years Glen Riddle AL/MC Media PA 20,000 1,932 16,169 870 656 1,932 16,517 1,178 19,627 (2,265 ) 17,362 1995/NA 2013 3-40 years Niagara Village IL Erie PA 12,845 750 16,544 790 229 750 16,577 986 18,313 (885 ) 17,428 1999/NA 2015 3-40 years Schenley Gardens AL/MC Pittsburgh PA 6,500 3,227 11,521 410 945 3,227 12,088 788 16,103 (1,662 ) 14,441 1996/NA 2013 3-40 years Indigo Pines IL Hilton Head SC 15,334 2,850 15,970 832 677 2,850 16,036 1,443 20,329 (883 ) 19,446 1999/NA 2015 3-40 years Holiday Hills Estates IL Rapid City SD 12,063 430 22,209 790 148 430 22,260 887 23,577 (1,037 ) 22,540 1999/NA 2015 3-40 years Echo Ridge IL Knoxville TN 20,910 1,522 21,469 770 97 1,522 21,506 830 23,858 (1,072 ) 22,786 1997/NA 2015 3-40 years Maple Court AL/MC Powell TN 3,720 761 6,482 305 88 761 6,489 386 7,636 (595 ) 7,041 2013 2014 3-40 years Raintree Terrace AL/MC Knoxville TN 7,430 643 8,643 490 433 643 8,764 802 10,209 (1,002 ) 9,207 2012 2014 3-40 years Courtyards at River Park AL/MC Fort Worth TX 20,775 2,140 16,671 672 1,120 2,140 17,406 1,057 20,603 (2,859 ) 17,744 1986/NA 2012 3-40 years Cypress Woods IL Kingwood TX 17,800 1,376 19,815 860 139 1,376 19,892 922 22,190 (1,316 ) 20,874 2008/NA 2015 3-40 years Legacy at Bear Creek AL/MC Keller TX 11,375 1,770 11,468 810 98 1,770 11,496 880 14,146 (597 ) 13,549 2013/NA 2015 3-40 years Legacy at Georgtown AL/MC Georgetown TX 14,625 3,540 14,653 840 52 3,540 14,679 866 19,085 (728 ) 18,357 2013/NA 2015 3-40 years Windsor AL/MC Dallas TX 33,875 5,580 31,306 1,250 659 5,580 31,712 1,503 38,795 (2,651 ) 36,144 1972/2009 2014 3-40 years Canyon Creek AL/MC Cottonwood Heights UT 16,146 1,488 16,308 59 501 1,488 16,574 294 18,356 (2,197 ) 16,159 2001/NA 2012 3-40 years Chateau Brickyard IL Salt Lake City UT 6,600 700 3,297 15 816 700 3,841 287 4,828 (716 ) 4,112 1984/2007 2012 3-40 years Golden Living AL/MC Taylorsville UT 7,455 1,111 3,126 39 608 1,111 3,456 317 4,884 (690 ) 4,194 1976/1994 2012 3-40 years Heritage Place AL/MC Bountiful UT 13,970 570 9,558 50 1,243 570 10,404 447 11,421 (1,641 ) 9,780 1978/2000 2012 3-40 years Olympus Ranch IL Murray UT 18,890 1,407 20,515 846 202 1,407 20,666 897 22,970 (1,265 ) 21,705 2008/NA 2015 3-40 years Elm Park Estates IL Roanoke VA 13,582 990 15,648 770 223 990 15,676 965 17,631 (820 ) 16,811 1991/NA 2015 3-40 years Heritage Oaks IL Richmond VA 11,550 1,630 9,570 705 648 1,630 9,866 1,057 12,553 (1,584 ) 10,969 1987/NA 2013 3-40 years Bridge Park IL Seattle WA 15,890 2,315 18,607 1,135 183 2,315 18,663 1,262 22,240 (1,300 ) 20,940 2008/NA 2015 3-40 years Peninsula IL Gig Harbor WA 21,455 2,085 21,983 846 90 2,085 22,034 885 25,004 (1,346 ) 23,658 2008/NA 2015 3-40 years The Jefferson IL Middleton WI 13,394 1,460 15,540 804 148 1,460 15,580 912 17,952 (842 ) 17,110 2005/NA 2015 3-40 years Managed Properties Total 1,312,098 133,513 1,395,618 63,470 38,035 133,513 1,414,006 83,117 1,630,636 (120,907 ) 1,509,729 Location Initial Cost to the Company Gross Amount Carried at Close of Period Property Name Type City State Encumbrances (A) Land Buildings and Improvements Furniture, Fixtures and Equipment Costs Capitalized Subsequent to Acquisition Land Buildings and Improvements Furniture, Fixtures and Equipment Total (B) Accumulated Depreciation Net Book Value Year Constructed / Renovated Year Acquired Life on Which Depreciation in Income Statement is Computed Triple Net Lease Vista de la Montana IL Surprise AZ 9,313 1,131 11,077 635 — 1,131 11,077 635 12,843 (1,258 ) 11,585 1998/NA 2013 3-40 years Simi Hills IL Simi Valley CA 18,991 3,209 21,999 730 — 3,209 21,999 730 25,938 (2,145 ) 23,793 2006/NA 2013 3-40 years The Westmont IL Santa Clara CA 13,634 — 18,049 754 — — 18,049 754 18,803 (1,901 ) 16,902 1991/NA 2013 3-40 years Courtyard at Lakewood IL Lakewood CO 11,623 1,327 14,198 350 — 1,327 14,198 350 15,875 (1,339 ) 14,536 1992/NA 2013 3-40 years Greeley Place IL Greeley CO 10,757 237 13,859 596 — 237 13,859 596 14,692 (1,426 ) 13,266 1986/NA 2013 3-40 years Parkwood Estates IL Fort Collins CO 14,145 638 18,055 627 — 638 18,055 627 19,320 (1,769 ) 17,551 1987/NA 2013 3-40 years Pueblo Regent IL Pueblo CO 10,604 446 13,800 377 — 446 13,800 377 14,623 (1,280 ) 13,343 1985/NA 2013 3-40 years Lodge at Cold Spring IL Rocky Hill CT 19,152 — 25,807 605 — — 25,807 605 26,412 (2,353 ) 24,059 1998/NA 2013 3-40 years Village Gate IL Farmington CT 19,660 3,591 23,254 268 — 3,591 23,254 268 27,113 (1,928 ) 25,185 1989/NA 2013 3-40 years Cherry Laurel IL Tallahassee FL 16,273 1,100 20,457 669 — 1,100 20,457 669 22,226 (2,004 ) 20,222 2001/NA 2013 3-40 years Desoto Beach Club IL Sarasota FL 18,510 668 23,944 669 — 668 23,944 669 25,281 (2,262 ) 23,019 2005/NA 2013 3-40 years Regency Residence IL Port Richey FL 11,685 1,100 14,088 771 — 1,100 14,088 771 15,959 (1,544 ) 14,415 1987/NA 2013 3-40 years Illahee Hills IL Urbandale IA 9,536 694 11,980 476 — 694 11,980 476 13,150 (1,228 ) 11,922 1995/NA 2013 3-40 years Palmer Hills IL Bettendorf IA 9,305 1,488 10,878 466 — 1,488 10,878 466 12,832 (1,118 ) 11,714 1990/NA 2013 3-40 years Blair House IL Normal IL 11,315 329 14,498 627 — 329 14,498 627 15,454 (1,513 ) 13,941 1989/NA 2013 3-40 years Grasslands Estates IL Wichita KS 14,053 504 17,888 802 — 504 17,888 802 19,194 (1,878 ) 17,316 2001/NA 2013 3-40 years Thornton Place IL Topeka KS 11,222 327 14,415 734 — 327 14,415 734 15,476 (1,566 ) 13,910 1998/NA 2013 3-40 years Jackson Oaks IL Paducah KY 14,882 267 19,195 864 — 267 19,195 864 20,326 (2,013 ) 18,313 2004/NA 2013 3-40 years Summerfield Estates IL Shreveport LA 4,600 525 5,584 175 — 525 5,584 175 6,284 (532 ) 5,752 1988/NA 2013 3-40 years Blue Water Lodge IL Fort Gratiot MI 12,395 62 16,034 833 — 62 16,034 833 16,929 (1,771 ) 15,158 2001/NA 2013 3-40 years Briarcrest Estates IL Ballwin MO 13,390 1,255 16,510 525 — 1,255 16,510 525 18,290 (1,594 ) 16,696 1990/NA 2013 3-40 years Country Squire IL St. Joseph MO 13,065 864 16,353 627 — 864 16,353 627 17,844 (1,660 ) 16,184 1990/NA 2013 3-40 years Orchid Terrace IL St. Louis MO 20,689 1,061 26,636 833 — 1,061 26,636 833 28,530 (2,555 ) 25,975 2006/NA 2013 3-40 years Chateau Ridgeland IL Ridgeland MS 6,427 967 7,277 535 — 967 7,277 535 8,779 (907 ) 7,872 1986/NA 2013 3-40 years Grizzly Peak IL Missoula MT 12,749 309 16,447 658 — 309 16,447 658 17,414 (1,666 ) 15,748 1997/NA 2013 3-40 years Durham Regent IL Durham NC 18,720 1,061 24,149 605 — 1,061 24,149 605 25,815 (2,228 ) 23,587 1989/NA 2013 3-40 years Jordan Oaks IL Cary NC 17,202 2,103 20,847 774 — 2,103 20,847 774 23,724 (2,088 ) 21,636 2003/NA 2013 3-40 years Sky Peaks IL Reno NV 15,561 1,061 19,793 605 — 1,061 19,793 605 21,459 (1,927 ) 19,532 2002/NA 2013 3-40 years Fleming Point IL Greece NY 16,116 699 20,644 668 — 699 20,644 668 22,011 (1,999 ) 20,012 2004/NA 2013 3-40 years Maple Downs IL Fayetteville NY 19,846 782 25,656 668 — 782 25,656 668 27,106 (2,378 ) 24,728 2003/NA 2013 3-40 years Stoneybrook Lodge IL Corvallis OR 15,013 1,543 18,119 843 — 1,543 18,119 843 20,505 (1,922 ) 18,583 1999/NA 2013 3-40 years Fountains at Hidden Lakes IL Salem OR 5,417 903 6,568 — — 903 6,568 — 7,471 (552 ) 6,919 1990/NA 2013 3-40 years Hidden Lakes IL Salem OR 13,720 1,389 16,639 893 — 1,389 16,639 893 18,921 (1,828 ) 17,093 1990/NA 2013 3-40 years Rock Creek IL Hillsboro OR 10,069 1,617 11,783 486 — 1,617 11,783 486 13,886 (1,203 ) 12,683 1996/NA 2013 3-40 years Location Initial Cost to the Company Gross Amount Carried at Close of Period Property Name Type City State Encumbrances (A) Land Buildings and Improvements Furniture, Fixtures and Equipment Costs Capitalized Subsequent to Acquisition Land Buildings and Improvements Furniture, Fixtures and Equipment Total (B) Accumulated Depreciation Net Book Value Year Constructed / Renovated Year Acquired Life on Which Depreciation in Income Statement is Computed Sheldon Oaks IL Eugene OR 14,235 1,577 17,380 675 — 1,577 17,380 675 19,632 (1,768 ) 17,864 1995/NA 2013 3-40 years The Regent IL Corvallis OR 6,569 1,111 7,720 228 — 1,111 7,720 228 9,059 (725 ) 8,334 1983/NA 2013 3-40 years Essex House IL Lemoyne PA 19,908 936 25,585 668 — 936 25,585 668 27,189 (2,366 ) 24,823 2002/NA 2013 3-40 years Manor at Oakridge IL Harrisburg PA 18,951 992 24,379 764 — 992 24,379 764 26,135 (2,330 ) 23,805 2000/NA 2013 3-40 years Walnut Woods IL Boyertown PA 13,677 308 18,058 496 — 308 18,058 496 18,862 (1,677 ) 17,185 1997/NA 2013 3-40 years Watermark at Logan Square CCRC Philadelphia PA 51,921 8,575 46,031 2,380 325 8,575 46,286 2,450 57,311 (2,755 ) 54,556 1984/2009 2015 3-40 years Uffelman Estates IL Clarksville TN 8,298 625 10,521 298 — 625 10,521 298 11,444 (990 ) 10,454 1993/NA 2013 3-40 years Arlington Plaza IL Arlington TX 7,710 319 9,821 391 — 319 9,821 391 10,531 (1,012 ) 9,519 1987/NA 2013 3-40 years The El Dorado IL Richardson TX 10,430 1,316 12,220 710 — 1,316 12,220 710 14,246 (1,390 ) 12,856 1996/NA 2013 3-40 years Ventura Place IL Lubbock TX 14,642 1,018 18,034 946 — 1,018 18,034 946 19,998 (2,003 ) 17,995 1997/NA 2013 3-40 years Dogwood Estates IL Denton TX 14,678 1,002 18,525 714 — 1,002 18,525 714 20,241 (1,880 ) 18,361 2005/NA 2013 3-40 years Madison Estates IL San Antonio TX 12,070 1,528 14,850 268 — 1,528 14,850 268 16,646 (1,292 ) 15,354 1984/NA 2013 3-40 years Pinewood Hills IL Flower Mound TX 14,742 2,073 17,552 704 — 2,073 17,552 704 20,329 (1,802 ) 18,527 2007/NA 2013 3-40 years The Bentley IL Dallas TX 10,983 2,351 12,270 526 — 2,351 12,270 526 15,147 (1,268 ) 13,879 1996/NA 2013 3-40 years Whiterock Court IL Dallas TX 11,231 2,837 12,205 446 — 2,837 12,205 446 15,488 (1,230 ) 14,258 2001/NA 2013 3-40 years Autumn Leaves CCRC Dallas TX 16,410 3,851 18,728 1,097 1,293 3,851 19,975 1,143 24,969 (1,821 ) 23,148 1971/2012 2014 3-40 years Monticello West AL/MC Dallas TX 17,877 3,344 21,226 1,225 677 3,344 21,904 1,224 26,472 (1,990 ) 24,482 1980/2013 2014 3-40 years Parkwood Healthcare CCRC Bedford TX 13,143 2,746 15,463 755 — 2,746 15,463 755 18,964 (1,392 ) 17,572 1986/2008 2014 3-40 years Parkwood Retirement IL Bedford TX 10,240 2,829 11,639 306 651 2,829 12,290 306 15,425 (983 ) 14,442 1986/2007 2014 3-40 years Signature Pointe CCRC Dallas TX 25,129 5,192 29,486 1,579 131 5,192 29,566 1,630 36,388 (2,692 ) 33,696 1998/2013 2014 3-40 years Walnut Place CCRC Dallas TX 16,914 5,241 18,255 907 1,014 5,241 19,253 923 25,417 (1,691 ) 23,726 1980/2012 2014 3-40 years Pioneer Valley Lodge IL North Logan UT 14,430 1,049 17,920 740 — 1,049 17,920 740 19,709 (1,870 ) 17,839 2001/NA 2013 3-40 years Colonial Harbor IL Yorktown VA 16,418 2,211 19,523 689 — 2,211 19,523 689 22,423 (1,932 ) 20,491 2005/NA 2013 3-40 years Oakwood Hills IL Eau Claire WI 14,526 516 18,872 645 — 516 18,872 645 20,033 (1,867 ) 18,166 2003/NA 2013 3-40 years Triple Net Lease Total 834,771 86,804 1,012,743 38,905 4,091 86,804 1,016,652 39,087 1,142,543 (98,061 ) 1,044,482 Grand Total 2,146,869 220,317 2,408,361 102,375 42,126 220,317 2,430,658 122,204 2,773,179 (218,968 ) 2,554,211 (A) Excludes two properties that were classified as held for sale as of December 31, 2016 . (B) For United States federal income tax purposes, the initial aggregate cost basis, including furniture, fixtures, and equipment, was approximately $ 2.80 billion as of December 31, 2016 . The following is a rollforward of the gross carrying amount and accumulated depreciation (depreciation is calculated on a straight line basis using the estimated useful lives detailed in Note 2): Year Ended December 31, Gross carrying amount 2016 2015 2014 Beginning of period $ 2,790,928 $ 1,638,929 $ 1,373,428 Acquisitions — 1,140,896 260,543 Additions 21,285 11,411 8,538 Sales and/or transfers to assets held for sale (23,213 ) — — Disposals and other (15,821 ) (308 ) (3,580 ) End of period $ 2,773,179 $ 2,790,928 $ 1,638,929 Accumulated depreciation Beginning of period $ (129,788 ) $ (56,988 ) $ (10,526 ) Depreciation expense (92,372 ) (72,767 ) (46,622 ) Sales and/or transfers to assets held for sale 3,084 — — Disposals and other 108 (33 ) 160 Balance at end of year $ (218,968 ) $ (129,788 ) $ (56,988 )

SUMMARY OF SIGNIFICANT ACCOUN26

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Basis of Presentation and Principles of Consolidation	Basis of Presentation and Principles of Consolidation The accompanying consolidated financial statements are prepared in accordance with U.S. Generally Accepted Accounting Principles (“GAAP’’) with the instructions to Form 10-K and Article 10 of Regulation S-X. The consolidated financial statements include the accounts of New Senior and its consolidated subsidiaries. All significant intercompany transactions and balances have been eliminated. New Senior consolidates those entities in which it has control over significant operating, financial and investing decisions of the entity. As of December 31, 2016 and 2015 , the Company did not have any investments in Variable Interest Entities (“VIEs”). VIEs are defined as entities in which equity investors do not have the characteristics of a controlling financial interest or do not have sufficient equity at risk for the entity to finance its activities without additional subordinated financial support from other parties. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included. Prior to November 7, 2014, the Company was not operated as a stand-alone business from Drive Shack. Information in the consolidated financial statements for periods prior to November 7, 2014 has been prepared on a stand-alone basis from the consolidated financial statements and accounting records of Drive Shack and does not necessarily reflect what New Senior’s consolidated results of operations, financial position and cash flows would have been had New Senior operated as an independent company prior to the spin-off. Management believes the assumptions and methods of allocation used in the accompanying consolidated financial statements are reasonable. The consolidated financial statements reflect all revenues, expenses and cash flows directly attributable to the Company. Certain expenses of Drive Shack, comprised primarily of a portion of its management fee, acquisition and transaction costs and general and administrative costs, have been allocated to New Senior to the extent they were directly associated with the Company for periods prior to the spin-off. The portion of the management fee allocated to New Senior prior to the spin-off represents the product of the management fee rate payable by Drive Shack of 1.5% and New Senior’s gross equity, which management believes is a reasonable method for allocating the cost of the services provided by the employees of the Manager to the Company. New Senior and Drive Shack have not shared any costs subsequent to the spin-off. See Note 11 for details related to management agreement terms. Certain prior period amounts have been reclassified to conform to the current period’s presentation.
Use of Estimates	Use of Estimates Management is required to make estimates and assumptions when preparing financial statements in conformity with GAAP. These estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the accompanying consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results may differ from management’s estimates.
Revenue Recognition	Revenue Recognition Resident Fees and Services - Resident fees and services include monthly rental revenue, care income and ancillary income recognized from the Managed Properties segment. Resident fees and services are recognized monthly as services are provided. Most lease agreements with residents are cancelable by the resident with 30 days’ notice. Ancillary income primarily relates to non-refundable community fees. Non-refundable community fees are recognized on a straight-line basis over the average length of stay of residents, which management estimates to be approximately 24 months for AL/MC properties and approximately 33 months for IL properties. Rental Revenue - Rental revenue from the Triple Net Lease Properties segment is recognized on a straight-line basis over the applicable term of the lease when collectability is reasonably assured. Recognizing rental revenue on a straight-line basis typically results in recognizing revenue in excess of cash amounts contractually due from the Company’s tenants during the first half of the lease term, creating a straight-line rent receivable.
Acquisition Accounting	Acquisition Accounting The Company has determined that all of its acquisitions should be accounted for under the acquisition method. The accounting for acquisitions requires the identification and measurement of all acquired tangible and intangible assets and assumed liabilities at their respective fair values, as of the respective transaction dates. The determination of the fair value of net assets acquired involves significant judgment and estimates, such as estimated future cash flow projections, appropriate discount and capitalization rates and other estimates based on available market information. Estimates of future cash flows are based on a number of factors including property operating results, known and anticipated trends, as well as market and economic conditions. In measuring the fair value of tangible and identified intangible assets acquired and liabilities assumed, management uses information obtained as a result of pre-acquisition due diligence, marketing, leasing activities and independent appraisals. In the case of buildings, the fair value of the tangible assets acquired is determined by valuing the property as if it were vacant. Significant estimates impacting the measurement at fair value of the Company's real property include construction cost data and qualitative selection of comparable market transactions as well as the assessment of the relative quality and condition of the acquired properties. Recognized intangible assets primarily include the fair value of in-place resident leases. The Company estimates the fair value of in-place leases as (i) the present value of the estimated rental revenue that would have been forgone, offset by variable costs that would have otherwise been incurred during a reasonable lease-up period, as if the acquired units were vacant and (ii) the estimated absorption costs, such as additional marketing costs that would have been incurred during the lease-up period. The acquisition fair value of the in-place lease intangibles is amortized over the average length of stay of the residents on a straight-line basis. Contingent consideration, if any, is measured at fair value on the date of acquisition. The fair value of the contingent consideration is remeasured at each reporting date with any change recorded in “Other expense (income)” in the Consolidated Statements of Operations. Acquisition and transaction expense includes costs related to completed and potential acquisitions, dispositions and other transactions. Such costs include advisory, legal, accounting, valuation and other professional or consulting fees. Integration expense includes costs directly related to the integration of acquired businesses such as lender mandated repairs, licensing, rebranding and training incurred in connection with an acquisition. Acquisition, transaction and integration costs are expensed as incurred.
Real Estate Investments	Real Estate Investments Real estate investments are recorded at cost less accumulated depreciation or accumulated amortization. Depreciation is calculated on a straight-line basis using estimated remaining useful lives not to exceed 40 years for buildings, 3 to 10 years for building improvements and 3 to 5 years for other fixed assets. Amortization for in-place lease intangibles and other intangibles is calculated on a straight-line basis using estimated useful lives of 24 to 33 months and 5 to 13 years, respectively. Amortization for above/below market lease intangibles is calculated on a straight line basis using estimated useful lives of 15 to 17 years, with the exception of ground lease intangibles which are amortized over a period of 74 to 82 years.
Impairment of Long Lived Assets	Impairment of Long Lived Assets The Company periodically evaluates long-lived assets, including definite lived intangible assets, primarily consisting of the Company’s real estate investments, for impairment indicators. If indicators of impairment are present, the Company evaluates the carrying value of the related real estate investments in relation to the future undiscounted cash flows of the underlying operations. In performing this evaluation, market conditions and the Company’s current intentions with respect to holding or disposing of the asset are considered. If the sum of the expected future undiscounted cash flows is less than book value, the Company recognizes an impairment loss equal to the amount by which the asset’s carrying value exceeds its fair value. An impairment loss is recognized at the time any such determination is made. No impairment loss has been recognized by the Company since inception.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents consist of cash on hand and all highly liquid short term investments with maturities of 90 days or less, when purchased.
Deferred Financing Costs	Deferred Financing Costs Deferred financing costs consist of fees and direct costs incurred in obtaining financing. Deferred financing costs are presented as a direct deduction from the carrying amount of the related debt liability and are amortized over the terms of the related borrowings using the effective interest rate method as a component of interest expense. Amortized costs of $ 9,582 , $ 9,320 and $ 8,331 were included in “Interest expense” in the Consolidated Statements of Operations for the years ended December 31, 2016 , 2015 and 2014 , respectively.
Receivables and Other Assets	Straight-line Rent Receivables and Receivables and Other Assets, Net Receivables and other assets, net consists primarily of escrows held by lenders and resident receivables, net of allowance and prepaid expenses. The Company assesses the collectability of rent receivables, including straight-line rent receivables, on an ongoing basis. This assessment is based on several qualitative and quantitative factors, including and as appropriate, the payment history of the resident and triple net lease tenant, the financial strength of the resident or tenant and of guarantors, the value of the underlying collateral or deposit, if any, and current economic conditions. If the evaluation of these factors indicates it is probable that the Company will not be able to recover the full value of the receivable, the Company provides a specific reserve against the portion of the receivable that the Company estimates may not be recovered.
Deferred Revenue	Deferred Revenue Deferred revenue primarily includes non-refundable community fees received by the Company when residents move in, and are included within “Accrued expenses and other liabilities” in the Consolidated Balance Sheets. Deferred revenue amounts are amortized into income on a straight-line basis over the average length of stay of the resident, and are included within “Resident fees and services” in the Consolidated Statements of Operations.
Income Taxes	Income Taxes New Senior is organized and conducts its operations to qualify as a REIT under the requirements of the Internal Revenue Code of 1986, as amended (“Code”). Requirements for qualification as a REIT include various restrictions on ownership of stock, requirements concerning distribution of taxable income and certain restrictions on the nature of assets and sources of income. A REIT must distribute at least 90% of its taxable income to its stockholders of which 85% plus any undistributed amounts from the prior year must be distributed within the taxable year in order to avoid the imposition of an excise tax. Distribution of the remaining balance may extend until timely filing of New Senior’s tax return in the subsequent taxable year. Qualifying distributions of taxable income are deductible by a REIT in computing taxable income. Certain activities are conducted through a taxable REIT subsidiary (“TRS”) and therefore are subject to federal and state income taxes. Accordingly, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases upon the change in tax status. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period of the enactment date. New Senior recognizes tax benefits for uncertain tax positions only if it is more likely than not that the position is sustainable based on its technical merits. Interest and penalties on uncertain tax positions are included as a component of the provision for income taxes in the Consolidated Statements of Operations. As of December 31, 2016 and 2015 , the Company had no uncertain tax positions. The Company’s consolidated financial statements have been prepared based upon the operations of the Company separate from those of Drive Shack and include current and deferred income taxes calculated in accordance with the operations following the spin-off.
Fair Value Measurement	Fair Value Measurement Fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. As such, fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or liability. A three-tier fair value hierarchy, which is described below, prioritizes the inputs used by the Company in measuring fair value: • Level 1 - Quoted prices for identical instruments in active markets. • Level 2 - Quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active and model-derived valuations, in which all significant inputs are observable in active markets. • Level 3 - Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions.
Derivative Instruments	Derivative Instruments In the normal course of business, the Company may use derivative instruments to manage, or hedge, interest rate risk. The Company does not use derivative instruments for trading or speculative purposes. The Company recognizes all derivatives as either assets or liabilities at fair value and they are recorded in “Receivables and other assets, net” or “Accrued expenses and other liabilities,” respectively, in the Consolidated Balance Sheets. The valuation of derivatives requires the Company to make estimates and judgments that affect the fair value of the instruments. The Company estimates the fair value of derivatives based on pricing models that consider level 2 inputs including forward yield curves, cap strike rates, cap volatility and discount rates. The Company does not apply hedge accounting and fair value adjustments, if any, are recorded in “Other expense (income)” in the Consolidated Statements of Operations. The Company has exposure to counterparty credit risk for its derivative transactions. Credit risk represents the potential for loss due to the default of a counterparty. The Company performs due diligence including reviewing the counterparty's credit quality prior to entering into derivative transactions. As of December 31, 2016 , the Company's outstanding derivatives were executed with investment grade counterparties.
Real Estate Held for Development and Sale, Policy [Policy Text Block]	Assets Held for Sale The Company classifies certain long-lived assets as held for sale once the criteria, as defined by GAAP, has been met. Assets held for sale are included in “Receivables and other assets, net” in the Consolidated Balance Sheets. Long-lived assets to be disposed of are reported at the lower of their carrying amount or fair value and are no longer depreciated.
Gain on Sale of Assets [Policy Text Block]	Sale of Assets The Company recognizes sales of assets only upon the closing of the transactions with the purchaser. The Company recognizes gains on assets sold using the full accrual method upon closing if the collectability of the sales price is reasonably assured, the Company is not obligated to perform any significant activities after the sale to earn the profit, the Company has received adequate initial investment from the purchaser, and other profit recognition criteria has been satisfied.
Stock Options	Stock Options Options granted to New Senior’s directors are measured at fair value at the grant date with the related expense recognized over the service term, if any.
Equity	Equity Net loss incurred prior to the spin-off is included in additional paid-in capital instead of accumulated deficit since the accumulation of deficit began as of the date of spin-off from Drive Shack.
Management Fee to Affiliate	Expense Recognition Management Fees and Incentive Compensation to Affiliate – During the period prior to the spin-off from Drive Shack, this represents an amount of the management fee charged to Drive Shack by the Manager and allocated to the Company. During the period after the spin-off, this represents amounts due to the Manager pursuant to the Management Agreement between the Manager and New Senior (as defined in Note 11).
Recent Accounting Pronouncements	Recent Accounting Pronouncements In May 2014, the FASB issued Accounting Standards Update (“ASU”) 2014-09 Revenues from Contracts with Customers (Topic 606). The standard’s core principle is that a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. In doing so, companies will need to use more judgment and make more estimates than under today’s guidance. These may include identifying performance obligations in the contract, estimating the amount of variable consideration to include in the transaction price and allocating the transaction price to each separate performance obligation. In August 2015, the FASB deferred the effective date of this standard by one year, which will be for fiscal years, and interim periods within those years, beginning after December 15, 2017. The Company has begun its process of assessing the impact of the guidance. To date the Company's assessment efforts include the identification of various revenue streams within the scope of the guidance and the evaluation of certain revenue contracts with residents. The Company continues to evaluate the standard (and related clarifying guidance issued by the FASB) and the allowable methods of adoption. ASU 2014-09 may be applied retrospectively to each prior period (full retrospective) or retrospectively with the cumulative effect recognized as of the date of initial application (modified retrospective). Although the Company's evaluation of the guidance is ongoing, it does not expect the adoption to have a material impact on its consolidated financial statements as a substantial portion of its revenue consists of rental income from leasing arrangements, which is excluded from ASU 2014-09. In January 2016, the FASB issued ASU 2016-01 Financial Instruments - Overall: Recognition and Measurement of Financial Assets and Financial Liabilities . The standard addresses certain aspects of recognition, measurement, presentation and disclosure of financial instruments. The effective date of the standard will be for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2017. The Company does not expect adoption of this ASU to have a material impact on its consolidated financial statements. In February 2016, the FASB issued ASU 2016-02 Leases . This standard amends the existing accounting standards for lease accounting, including requiring lessees to recognize most leases on their balance sheets and making targeted changes to lessor accounting. The effective date of the standard will be for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018, and early adoption is permitted. The new leases standard requires a modified retrospective transition approach for all leases existing at, or entered into after, the date of initial application, with an option to use certain transition relief. The Company continues to assess the guidance and the impact it may have on its consolidated financial statements and has initiated a review to identify non-lease components, if any, in its lease agreements. In June 2016, the FASB issued ASU 2016-13 Financial Instruments - Credit Losses, Measurement of Credit Losses on Financial Instruments . This standard replaces the current incurred loss methodology with a methodology that reflects expected credit losses. Under this methodology, a company would recognize an impairment allowance equal to its current estimate of all contractual cash flows that it does not expect to collect from financial assets measured at amortized cost. The effective date of the standard will be for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019, and early adoption is permitted beginning after December 15, 2018. The Company is assessing the impact this guidance may have on its consolidated financial statements. In August 2016, the FASB issued ASU 2016-15 Statement of Cash Flows (Topic 230) - Classification of Certain Cash Receipts and Cash Payments . This standard addresses the presentation and classification of certain cash receipts and cash payments in the statement of cash flows. The effective date of the standard will be for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2017, and early adoption is permitted. The Company does not expect adoption of this ASU to have a material impact on its consolidated financial statements. In November 2016, the FASB issued ASU 2016-18 Statement of Cash Flows (Topic 230) - Restricted Cash , related to the classification of restricted cash on the statement of cash flows. This ASU would require that the statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. The effective date of the standard will be for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2017, and early adoption is permitted. The Company is assessing the impact this guidance may have on its consolidated financial statements. In January 2017, the FASB issued ASU 2017-01 Business Combinations (Topic 805) - Clarifying the Definition of a Business. This standard narrows the FASB’s definition of a business and provides a framework that assists entities with making reasonable judgments about whether a transaction involves an asset or business. ASU 2017-01 states that when substantially all of the fair value of the gross assets acquired (or disposed of) is concentrated in a single identifiable asset or a group of similar identifiable assets, the set is not a business. The effective date of the standard will be for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2017, and early adoption is permitted. The ASU is to be applied prospectively and upon adoption the Company expects that the majority of its acquisitions will be deemed asset acquisitions which will result in the capitalization of related third party transaction costs.

ACQUISITIONS (Tables)

ACQUISITIONS (Tables)	12 Months Ended
	Dec. 31, 2016
Business Combinations [Abstract]
Fair Value of Identifiable Assets Acquired and Liabilities Assumed	The following table summarizes the acquisition date fair value of identifiable assets acquired and liabilities assumed in connection with the acquisitions completed in the year ended December 31, 2015 , in accordance with the acquisition method of accounting: 2015 Acquisitions Managed Properties Triple Net Lease Properties Total Real estate investments $ 1,073,826 $ 67,070 $ 1,140,896 In-place lease intangibles 124,233 6,081 130,314 Liabilities, net of other assets (3,305 ) (1,352 ) (4,657 ) Total consideration 1,194,754 71,799 1,266,553 Mortgage notes payable (A) 863,815 52,000 915,815 Net assets $ 330,939 $ 19,799 $ 350,738 Total acquisition-related expenses (B) $ 4,616 $ 1,828 $ 6,444 (A) Represents new debt issued in connection with the acquisitions. (B) Included in “Acquisition, transaction and integration expense” in the Consolidated Statements of Operations.
Effect of Acquisitions on Revenues and Pre-tax Net Income (Loss)	The following table illustrates the pro forma effect of the acquisitions completed during 2015 on revenues and loss before income taxes as if they had been consummated as of January 1, 2015: Year Ended December 31, 2015 Revenues $ 463,755 Loss before income taxes (110,868 )

SEGMENT REPORTING (Tables)

SEGMENT REPORTING (Tables)	12 Months Ended
	Dec. 31, 2016
Segment Reporting [Abstract]
Segment Reporting	Year Ended December 31, 2016 Year Ended December 31, 2015 Year Ended December 31, 2014 Triple Net Lease Properties Managed Properties Consolidated Triple Net Lease Properties Managed Properties Consolidated Triple Net Lease Properties Managed Properties Consolidated Revenues Resident fees and services $ — $ 359,472 $ 359,472 $ — $ 277,324 $ 277,324 $ — $ 156,993 $ 156,993 Rental revenue 112,966 — 112,966 111,154 — 111,154 97,992 — 97,992 Less: Property operating expense — 243,027 243,027 — 189,543 189,543 — 112,242 112,242 Segment NOI $ 112,966 $ 116,445 $ 229,411 $ 111,154 $ 87,781 $ 198,935 $ 97,992 $ 44,751 $ 142,743 Depreciation and amortization 184,546 160,318 103,279 Interest expense 91,780 75,021 57,026 Acquisition, transaction and integration expense 3,942 13,444 14,295 Management fees and incentive compensation to affiliate 18,143 14,279 8,470 General and administrative expense 15,194 15,233 7,416 Loss on extinguishment of debt 245 5,091 — Other expense (income) 727 1,629 (1,500 ) Total expenses 314,577 285,015 188,986 Gain on sale of real estate 13,356 — — Loss before income taxes (71,810 ) (86,080 ) (46,243 ) Income tax expense (benefit) 439 (3,655 ) 160 Net loss $ (72,249 ) $ (82,425 ) $ (46,403 ) Property operating expense includes property management fees and travel reimbursement costs. The Company also reimbursed the Property Managers for property-level payroll expenses. See Note 11 for additional information on these expenses related to Blue Harbor and Holiday. Assets by reportable business segment are reconciled to total assets as follows: December 31, 2016 December 31, 2015 Assets: Amount Percentage Amount Percentage Triple Net Lease Properties $ 1,151,102 40.8 % $ 1,196,578 39.7 % Managed Properties 1,639,726 58.1 % 1,744,540 57.8 % All Other Assets (A) 30,900 1.1 % 76,341 2.5 % Total Assets $ 2,821,728 100.0 % $ 3,017,459 100.0 % (A) Primarily consists of corporate cash which is not directly attributable to the Company's reportable business segments.
Revenue from External Customers by Geographic Areas	The following table presents the percentage of total revenues by geographic location: Year Ended December 31, 2016 Year Ended December 31, 2015 Number of Communities % of Total Revenue Number of Communities % of Total Revenue Florida 26 19.8 % 26 20.9 % Texas 19 12.0 % 19 13.5 % California 11 10.0 % 12 9.3 % North Carolina 9 6.4 % 9 5.7 % Pennsylvania 7 6.0 % 7 6.3 % Oregon 9 5.3 % 10 5.5 % Utah 6 4.3 % 6 5.2 % Other 65 36.2 % 65 33.6 % Total 152 100.0 % 154 100.0 %

REAL ESTATE INVESTMENTS (Tables

REAL ESTATE INVESTMENTS (Tables)	12 Months Ended
	Dec. 31, 2016
Real Estate [Abstract]
Real Estate Investments	December 31, 2016 December 31, 2015 Gross Carrying Amount Accumulated Depreciation Net Carrying Value Gross Carrying Amount Accumulated Depreciation Net Carrying Value Land $ 220,317 $ — $ 220,317 $ 222,795 $ — $ 222,795 Building and improvements 2,430,658 (163,670 ) 2,266,988 2,455,170 (97,485 ) 2,357,685 Furniture, fixtures and equipment 122,204 (55,298 ) 66,906 112,963 (32,303 ) 80,660 Total real estate investments $ 2,773,179 $ (218,968 ) $ 2,554,211 $ 2,790,928 $ (129,788 ) $ 2,661,140
Real Estate Intangibles	The following table summarizes the Company’s real estate intangibles: December 31, 2016 December 31, 2015 Gross Carrying Amount Accumulated Amortization Net Carrying Value Weighted Average Remaining Amortization Period Gross Carrying Amount Accumulated Amortization Net Carrying Value Weighted Average Remaining Amortization Period Above/below market lease intangibles, net $ 5,868 $ (556 ) $ 5,312 53.7 years $ 5,868 $ (361 ) $ 5,507 52.8 years In-place lease intangibles 308,265 (252,684 ) 55,581 2.7 years 297,253 (164,772 ) 132,481 2.6 years Other intangibles 5,796 (2,212 ) 3,584 9.5 years 5,796 (1,581 ) 4,215 9.4 years Total intangibles $ 319,929 $ (255,452 ) $ 64,477 $ 308,917 $ (166,714 ) $ 142,203
Estimated Future Amortization of Intangible Assets	Estimated future amortization of intangible assets is as follows: Years Ending December 31 2017 $ 48,639 2018 8,362 2019 503 2020 503 2021 503 Thereafter 5,967 Total intangibles $ 64,477

RECEIVABLES AND OTHER ASSETS,30

RECEIVABLES AND OTHER ASSETS, NET (Tables)	12 Months Ended
	Dec. 31, 2016
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Receivables and Other Assets, Net	December 31, 2016 December 31, 2015 Escrows held by lenders (A) $ 36,231 $ 19,694 Prepaid expenses 3,617 4,828 Resident receivables, net 3,111 2,594 Deferred tax assets 8,660 8,757 Security deposits 3,238 2,932 Income tax receivable 1,313 1,920 Assets held for sale (B) 10,824 — Other assets and receivables 4,240 4,594 Total receivables and other assets $ 71,234 $ 45,319 (A) Represents amounts held by lenders in tax, insurance, replacement reserve and other escrow accounts that are related to mortgage notes collateralized by New Senior's properties. (B) Represents two AL/MC properties in the Managed Properties segment classified as held for sale as of December 31, 2016 . The balance primarily consists of the carrying value of buildings and land as of December 31, 2016 . These properties were sold on January 31, 2017; see Note 17 for further information.
Allowance for Doubtful Accounts and Related Provision for Resident Receivables	The following table summarizes the allowance for doubtful accounts and the related provision for resident receivables: Year Ended December 31, 2016 2015 2014 Balance, beginning of period $ 509 $ 190 $ 303 Provision for bad debt 2,150 2,105 922 Write-offs, net of recoveries (1,683 ) (1,786 ) (1,035 ) Balance, end of period $ 976 $ 509 $ 190

MORTGAGE NOTES PAYABLE, NET (Ta

MORTGAGE NOTES PAYABLE, NET (Tables)	12 Months Ended
	Dec. 31, 2016
Debt Disclosure [Abstract]
Mortgage Notes Payable	December 31, 2016 December 31, 2015 Outstanding Face Amount Carrying Value (A) Maturity Date Stated Interest Rate Weighted Average Maturity (Years) Outstanding Face Amount Carrying Value (A) Managed Properties Fixed Rate $ 604,749 $ 601,232 Dec 2018 - Sep 2025 3.65% to 6.76% 7.2 $ 607,437 $ 603,460 Floating Rate (B) 717,254 710,672 Oct 2020 - May 2022 1M LIBOR + 2.20% to 1M LIBOR + 2.70% 5.0 731,318 723,554 Triple Net Lease Properties Fixed Rate (C) 683,137 667,579 Jan 2021 - Jan 2024 3.80% to 7.40% 5.2 695,984 673,732 Floating Rate 151,634 150,904 Oct 2017 - Apr 2018 3M LIBOR + 3.00% to 3M LIBOR + 3.25% 1.0 152,000 150,571 Total $ 2,156,774 $ 2,130,387 5.4 $ 2,186,739 $ 2,151,317 (A) The totals are reported net of deferred financing costs of $ 27,797 and $ 37,435 as of December 31, 2016 and 2015 , respectively. (B) All of these loans have LIBOR caps that range between 3.30% and 3.80% as of December 31, 2016 . (C) Includes loans with an outstanding face amount of $ 343,763 and $ 292,156 , as of December 31, 2016 , for which the Company bought down the interest rates to 4.00% and 3.80% , respectively, through January 2019. The interest rates will increase to 4.99% and 4.55% , respectively, thereafter.
Contractual Maturities of Mortgage Notes Payable	The Company’s mortgage notes payable have contractual maturities as follows: Principal Payments Balloon Payments Total 2017 (A) $ 28,044 $ 98,327 $ 126,371 2018 32,075 81,435 113,510 2019 31,984 95,345 127,329 2020 33,228 31,636 64,864 2021 32,025 311,518 343,543 Thereafter 52,453 1,328,704 1,381,157 Total outstanding face amount $ 209,809 $ 1,946,965 $ 2,156,774 (A) The debt agreement for the balloon payment includes an option for the Company to extend the payment to 2019.

DERIVATIVE INSTRUMENTS (Tables)

DERIVATIVE INSTRUMENTS (Tables)	12 Months Ended
	Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments	The following table presents information related to the Company's outstanding interest rate caps: December 31, 2016 December 31, 2015 Outstanding notional amount $ 717,282 $ 731,318 LIBOR cap range 3.30% to 3.80% 3.30% to 3.80% LIBOR cap effective date range Mar 2015 to Sep 2020 Mar 2015 to Sep 2020 Fair value $ 115 $ 283

ACCRUED EXPENSES AND OTHER LI33

ACCRUED EXPENSES AND OTHER LIABILITIES (Tables)	12 Months Ended
	Dec. 31, 2016
Payables and Accruals [Abstract]
Accrued Expenses and Other Liabilities	December 31, 2016 December 31, 2015 Security deposits payable $ 57,186 $ 54,669 Escrow liabilities (A) 10,503 2,538 Accounts payable 10,137 6,816 Mortgage interest payable 6,671 6,415 Deferred community fees, net 5,257 4,450 Rent collected in advance 3,180 3,937 Property tax payable 3,877 3,599 Other liabilities (B) 4,012 6,749 Total accrued expenses and other liabilities $ 100,823 $ 89,173 (A) Represents amounts held in tax, insurance, and replacement reserve escrow accounts that are related to mortgage notes collateralized by New Senior's triple net lease properties. (B) Includes liabilities related to assets held for sale of $ 74 related to two AL/MC properties classified as held for sale as of December 31, 2016 . These properties were sold on January 31, 2017; see Note 17 for further information.

TRANSACTIONS WITH AFFILIATES (T

TRANSACTIONS WITH AFFILIATES (Tables)	12 Months Ended
	Dec. 31, 2016
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	The following table summarizes property management fees and reimbursements paid by the Company to Property Managers affiliated with Fortress: Year Ended December 31, 2016 2015 2014 Property management fees $ 19,724 $ 16,167 $ 9,327 Travel reimbursement costs 366 369 318 Property-level payroll expenses 104,180 85,477 58,017 The following table summarizes the Company's reimbursement to the Manager for costs incurred for tasks and other services performed by the Manager under the Management Agreement: Year Ended December 31, 2016 Year Ended December 31, 2015 Period From November 7, 2014 to December 31, 2014 Included in: General and administrative expense $ 8,158 $ 6,607 $ 822 Acquisition, transaction and integration expense 1,610 3,073 729 Total reimbursements to the Manager $ 9,768 $ 9,680 $ 1,551

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Provision for Income Taxes	The following table presents the provision (benefit) for income taxes: Year Ended December 31, 2016 2015 2014 Current Federal $ 16 $ 26 $ (925 ) State and local 326 84 170 Total current provision 342 110 (755 ) Deferred Federal 89 (3,576 ) 907 State and local 8 (189 ) 8 Total deferred provision 97 (3,765 ) 915 Total provision (benefit) for income taxes $ 439 $ (3,655 ) $ 160
Reconciliation of Statutory to Effective Tax Rate	The table below provides a reconciliation of the Company’s provision for income taxes, based on the statutory rate of 35% , to the effective tax rate. Year Ended December 31, 2016 2015 2014 Statutory U.S. federal income tax rate 35.00 % 35.00 % 35.00 % Non-taxable REIT (loss) (35.16 )% (30.87 )% (35.03 )% State and local taxes (0.39 )% 0.16 % (0.29 )% Other (0.06 )% (0.06 )% (0.03 )% Effective income tax rate (0.61 )% 4.23 % (0.35 )%
Deferred Tax Assets and Liabilities	The tax effects of temporary differences that give rise to significant portions of the Company’s deferred tax assets and deferred tax liabilities are presented below: December 31, 2016 2015 Deferred tax assets: Prepaid fees and rent $ 1,816 $ 1,976 Net operating loss 4,386 5,175 Deferred rent 3,129 2,063 Tax credits 42 26 Other 113 70 Total deferred tax assets 9,486 9,310 Less valuation allowance — — Net deferred tax assets 9,486 9,310 Deferred tax liabilities: Depreciation and amortization 826 553 Total deferred tax liabilities 826 553 Total net deferred tax assets $ 8,660 $ 8,757

EQUITY AND EARNINGS PER SHARE (

EQUITY AND EARNINGS PER SHARE (Tables)	12 Months Ended
	Dec. 31, 2016
Stockholders' Equity Note [Abstract]
Summary of Outstanding Options	The Company's outstanding options are summarized as follows: Outstanding Options at December 31, 2015 2016 Activity Outstanding Options at December 31, 2016 Exercised Expired / Forfeited Granted / Transferred Held by the Manager 6,985,606 — (5,210 ) (402,282 ) 6,578,114 Issued to the Manager and subsequently transferred to certain of the Manager’s employees 296,079 — (23,121 ) 402,282 675,240 Issued to the independent directors 20,000 — — 5,000 25,000 Total outstanding options 7,301,685 — (28,331 ) 5,000 7,278,354 The following table summarizes the Company's outstanding options as of December 31, 2016 . The last sale price on the NYSE for the Company's common stock in the year ended December 31, 2016 was $ 9.79 per share. Recipient Date of Grant / Exercise (A) Number of Options Options Exercisable Weighted Average Exercise Price (B) Intrinsic Value (millions) Manager (C) 2004 - 2007 227,073 116,330 $ 54.94 $ — Manager March 2011 182,527 182,527 6.20 0.7 Manager September 2011 283,305 283,305 3.11 1.9 Manager (C) April 2012 311,191 257,660 6.68 0.8 Manager (C) May 2012 377,495 312,026 7.77 0.6 Manager (C) July 2012 416,522 346,343 7.73 0.7 Manager (C) January 2013 958,331 958,331 13.44 — Manager (C) February 2013 383,331 383,331 15.87 — Manager (C) June 2013 670,829 670,829 16.91 — Manager (C) November 2013 965,847 965,847 18.25 — Manager August 2014 765,416 714,388 19.91 — Directors November 2014 20,000 20,000 16.23 — Manager (C) June 2015 2,011,409 1,206,845 12.77 — Directors March 2016 5,000 5,000 10.12 — Total 7,578,276 6,422,762 Less: Exercised options 2014 14,188 N/A 8.41 N/A Exercised options 2015 174,991 N/A 8.43 N/A Expired options 2004 - 2006 110,743 N/A 57.87 N/A Total outstanding options 7,278,354 6,422,762 Aggregate: Weighted average exercise price $ 14.35 $ 14.51 Weighted average remaining life (years) 6.8 6.6 Intrinsic value (millions) $ 4.7 $ 4.7 (A) Options expire on the tenth anniversary from date of grant. (B) The strike prices are subject to adjustment in connection with return of capital dividends. (C) The Manager assigned certain of its options to Fortress’s employees as follows: Date of Grant Range of Strike Prices Total Unexercised Inception to Date Min Max 2004 - 2007 $ 52.28 $ 59.94 6,301 2012 6.68 7.77 — 2013 13.44 18.25 266,657 2015 12.77 12.77 402,282 Total options assigned to employees 675,240

CONCENTRATION OF CREDIT RISK (T

CONCENTRATION OF CREDIT RISK (Tables)	12 Months Ended
	Dec. 31, 2016
Risks and Uncertainties [Abstract]
Schedules of Concentration of Risk	The following table presents lease agreements with the tenant for the Holiday Portfolios as a percentage of the Company's total revenue and total NOI: Year Ended December 31, 2016 2015 2014 Total Revenue 18.9 % 23.0 % 35.0 % Total NOI 38.9 % 45.0 % 62.5 % The following graphs present the Company's managed properties and triple net lease properties as a percentage of the Company's real estate investments (based on their carrying amount): The following table presents the properties managed by Holiday and Blue Harbor as a percentage of segment real estate investments, net, segment revenue and segment NOI: As of and for the year ended December 31, 2016 2015 2014 Holiday Blue Harbor Holiday Blue Harbor Holiday Blue Harbor Segment Real Estate Investments, Net 78.2 % 17.5 % 77.9 % 17.5 % 44.2 % 53.0 % Segment Revenue 65.9 % 29.6 % 57.7 % 38.8 % 45.4 % 54.4 % Segment NOI 72.3 % 24.2 % 62.2 % 34.4 % 41.8 % 57.9 %

FUTURE MINIMUM RENTS (Tables)

FUTURE MINIMUM RENTS (Tables)	12 Months Ended
	Dec. 31, 2016
Leases [Abstract]
Future Contracted Minimum Rental Revenue	The following table sets forth future contracted minimum rents from tenants within the Triple Net Lease Properties segment, excluding contingent payment escalations, as of December 31, 2016 : Years Ending December 31 2017 $ 95,230 2018 98,471 2019 101,715 2020 105,067 2021 108,531 Thereafter 1,126,284 Total future minimum rents $ 1,635,298

QUARTERLY FINANCIAL INFORMATI39

QUARTERLY FINANCIAL INFORMATION (UNAUDITED) (Tables)	12 Months Ended
	Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Summarized Unaudited Quarterly Financial Data	Quarter Ended Year Ended December 31 2016 March 31 June 30 September 30 December 31 Revenue $ 117,945 $ 118,541 $ 118,457 $ 117,495 $ 472,438 Net operating income 57,320 57,935 57,103 57,053 229,411 Loss before income taxes (22,074 ) (27,883 ) (19,459 ) (2,394 ) (71,810 ) Income tax (benefit) expense (226 ) (525 ) 782 408 439 Net loss $ (21,848 ) $ (27,358 ) $ (20,241 ) $ (2,802 ) $ (72,249 ) Loss per share of common stock Basic and diluted $ (0.26 ) $ (0.33 ) $ (0.25 ) $ (0.03 ) $ (0.88 ) Weighted average number of shares of common stock outstanding Basic and diluted 83,066,599 82,114,218 82,126,397 82,127,247 82,357,349 2015 Revenue $ 73,860 $ 91,200 $ 104,985 $ 118,433 $ 388,478 Net operating income 39,589 48,376 53,225 57,745 198,935 Loss before income taxes (21,348 ) (21,061 ) (18,337 ) (25,334 ) (86,080 ) Income tax (benefit) expense (95 ) 129 (378 ) (3,311 ) (3,655 ) Net loss $ (21,253 ) $ (21,190 ) $ (17,959 ) $ (22,023 ) $ (82,425 ) Loss per share of common stock Basic and diluted $ (0.32 ) $ (0.32 ) $ (0.21 ) $ (0.26 ) $ (1.08 ) Weighted average number of shares of common stock outstanding Basic and diluted 66,415,415 66,857,483 86,533,384 86,271,022 76,601,161

ORGANIZATION (Details)

ORGANIZATION (Details)	12 Months Ended
	Dec. 31, 2016segmentstateProperty	Dec. 31, 2015segment
Real Estate Properties [Line Items]
Number of senior housing properties	152
Number of states in which investments are located | state	37
Number of reportable segments | segment	2	2
Managed Properties
Real Estate Properties [Line Items]
Number of senior housing properties	94
Managed Properties | Independent Living Properties
Real Estate Properties [Line Items]
Number of senior housing properties	53
Managed Properties | Assisted Living/Memory Care Properties
Real Estate Properties [Line Items]
Number of senior housing properties	41
Holiday
Real Estate Properties [Line Items]
Extension period after initial term of Property Management Agreements	1 year
Holiday | Minimum
Real Estate Properties [Line Items]
Initial term of Property Management Agreements	5 years
Percentage of property's gross revenues paid as property management fees (in hundredths)	5.00%
Holiday | Maximum
Real Estate Properties [Line Items]
Initial term of Property Management Agreements	10 years
Percentage of property's gross revenues paid as property management fees (in hundredths)	7.00%
Property Managers | Minimum
Real Estate Properties [Line Items]
Percentage of property's gross revenues paid as property management fees (in hundredths)	3.00%
Property Managers | Maximum
Real Estate Properties [Line Items]
Percentage of property's gross revenues paid as property management fees (in hundredths)	7.00%
Triple Net Lease
Real Estate Properties [Line Items]
Number of senior housing properties	58
Triple Net Lease | Minimum
Real Estate Properties [Line Items]
Term of lease agreements	15 years
Rent increase percentage in lease agreements (in hundredths)	2.50%
Triple Net Lease | Maximum
Real Estate Properties [Line Items]
Term of lease agreements	17 years
Rent increase percentage in lease agreements (in hundredths)	4.50%
Triple Net Lease | Independent Living Properties
Real Estate Properties [Line Items]
Number of senior housing properties	52
Triple Net Lease | Continuing Care Retirement Communities
Real Estate Properties [Line Items]
Number of senior housing properties	5
Triple Net Lease | Assisted Living/Memory Care Properties
Real Estate Properties [Line Items]
Number of senior housing properties	1

SUMMARY OF SIGNIFICANT ACCOUN41

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Basis of Presentation [Abstract]
Management fee rate payable by Newcastle (in hundredths)	1.50%
Revenue Recognition [Abstract]
Notice period to cancel lease agreements	30 days
Property, Plant and Equipment [Line Items]
Amortization of deferred financing costs	$ 9,582	$ 9,320	$ 8,331
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Deferred Finance Costs, Net	$ 27,797	$ 37,435
Buildings
Real Estate Investments [Abstract]
Estimated remaining useful life	40 years
Building Improvements | Minimum
Real Estate Investments [Abstract]
Estimated remaining useful life	3 years
Building Improvements | Maximum
Real Estate Investments [Abstract]
Estimated remaining useful life	10 years
Other Fixed Assets | Minimum
Real Estate Investments [Abstract]
Estimated remaining useful life	3 years
Other Fixed Assets | Maximum
Real Estate Investments [Abstract]
Estimated remaining useful life	5 years
Assisted Living/Memory Care Properties
Revenue Recognition [Abstract]
Average length of stay of residents	24 months
Independent Living Properties
Revenue Recognition [Abstract]
Average length of stay of residents	33 months
In-place lease intangibles
Real Estate Investments [Abstract]
Estimated useful life	2 years 8 months	2 years 7 months
In-place lease intangibles | Minimum
Real Estate Investments [Abstract]
Estimated useful life	24 months
In-place lease intangibles | Maximum
Real Estate Investments [Abstract]
Estimated useful life	33 months
Other intangibles
Real Estate Investments [Abstract]
Estimated useful life	9 years 6 months	9 years 5 months
Other intangibles | Minimum
Real Estate Investments [Abstract]
Estimated useful life	5 years
Other intangibles | Maximum
Real Estate Investments [Abstract]
Estimated useful life	13 years
Above/Below Market Intangibles | Minimum
Real Estate Investments [Abstract]
Estimated useful life	15 years
Above/Below Market Intangibles | Maximum
Real Estate Investments [Abstract]
Estimated useful life	17 years
Ground Lease Intangibles | Minimum
Real Estate Investments [Abstract]
Estimated useful life	74 years
Ground Lease Intangibles | Maximum
Real Estate Investments [Abstract]
Estimated useful life	82 years

ACQUISITIONS (Details)

ACQUISITIONS (Details)		12 Months Ended
		Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)portfolioProperty
Adjustments to provisional amounts [Abstract]
Decrease in real estate investments		$ 14,591,000
Increase in in-place lease intangibles		14,591,000
Effect of acquisitions on revenues and pre-tax net income [Abstract]
Other Depreciation and Amortization		$ 7,444,000	$ 4,683,000
Acquisitions
Properties acquired [Abstract]
Number of portfolios acquired | portfolio			6
Number of properties acquired | Property			54
Fair value of identifiable assets acquired and liabilities assumed [Abstract]
Real estate investments			$ 1,140,896,000
In-place lease intangibles			130,314,000
Liabilities, net of other assets			(4,657,000)
Total consideration			1,266,553,000
Mortgage notes payable	[1]		(915,815,000)
Net assets			350,738,000
Total acquisition related expenses	[2]		6,444,000
Effect of acquisitions on revenues and pre-tax net income [Abstract]
Revenues			463,755,000
Loss before income taxes			$ (110,868,000)
Acquisitions | Holiday
Properties acquired [Abstract]
Number of properties acquired | Property			47
Acquisitions | Thrive
Properties acquired [Abstract]
Number of properties acquired | Property			4
Acquisitions | Blue Harbor
Properties acquired [Abstract]
Number of properties acquired | Property			2
Acquisitions | Managed Properties
Fair value of identifiable assets acquired and liabilities assumed [Abstract]
Real estate investments			$ 1,073,826,000
In-place lease intangibles			124,233,000
Liabilities, net of other assets			(3,305,000)
Total consideration			1,194,754,000
Mortgage notes payable	[1]		(863,815,000)
Net assets			330,939,000
Total acquisition related expenses	[2]		$ 4,616,000
Acquisitions | Managed Properties | Assisted Living/Memory Care Properties
Properties acquired [Abstract]
Number of properties acquired | Property			4
Acquisitions | Managed Properties | Independent Living Properties
Properties acquired [Abstract]
Number of properties acquired | Property			49
Acquisitions | Triple Net Lease
Fair value of identifiable assets acquired and liabilities assumed [Abstract]
Real estate investments			$ 67,070,000
In-place lease intangibles			6,081,000
Liabilities, net of other assets			(1,352,000)
Total consideration			71,799,000
Mortgage notes payable	[1]		(52,000,000)
Net assets			19,799,000
Total acquisition related expenses	[2]		$ 1,828,000
Acquisitions | Triple Net Lease | Continuing Care Retirement Communities
Properties acquired [Abstract]
Number of properties acquired | Property			1
[1]	Represents new debt issued in connection with the acquisitions.
[2]	Included in “Acquisition, transaction and integration expense” in the Consolidated Statements of Operations.

DISPOSITIONS (Details)

DISPOSITIONS (Details) $ in Thousands	1 Months Ended	12 Months Ended
	Oct. 31, 2016USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Dispositions Disclosure [Line Items]
Loss on Contract Termination	$ 1,799
Early Repayment of Notes Payable	13,725	$ 13,725	$ 304,484	$ 0
Gain on sale of real estate	13,356	$ 13,356	$ 0	$ 0
Disposal Group, Including Discontinued Operation, Consideration	$ 22,711
Number of properties sold	2

SEGMENT REPORTING (Details)

SEGMENT REPORTING (Details) $ in Thousands		1 Months Ended	2 Months Ended	3 Months Ended								10 Months Ended	12 Months Ended
		Oct. 31, 2016USD ($)	Dec. 31, 2014USD ($)	Dec. 31, 2016USD ($)	Sep. 30, 2016USD ($)	Jun. 30, 2016USD ($)	Mar. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Sep. 30, 2015USD ($)	Jun. 30, 2015USD ($)	Mar. 31, 2015USD ($)	Nov. 06, 2014USD ($)	Dec. 31, 2016USD ($)segmentcommunity	Dec. 31, 2015USD ($)segmentcommunity	Dec. 31, 2014USD ($)
Segment Reporting [Abstract]
Number of reportable business segments | segment													2	2
Revenues [Abstract]
Resident fees and services													$ 359,472	$ 277,324	$ 156,993
Rental revenue													112,966	111,154	97,992
Less: Property operating expense													243,027	189,543	112,242
Segment NOI				$ 57,053	$ 57,103	$ 57,935	$ 57,320	$ 57,745	$ 53,225	$ 48,376	$ 39,589		229,411	198,935	142,743
Depreciation and amortization													184,546	160,318	103,279
Interest expense													91,780	75,021	57,026
Acquisition, transaction, and integration expense													3,942	13,444	14,295
Management fees and incentive compensation to affiliate													18,143	14,279	8,470
General and administrative expense													15,194	15,233	7,416
Loss on extinguishment of debt													245	5,091	0
Other expense (income)													727	1,629	(1,500)
Other Cost and Expense, Operating													314,577	285,015	188,986
Gain on sale of real estate		$ 13,356											13,356	0	0
Loss before income taxes				(2,394)	(19,459)	(27,883)	(22,074)	(25,334)	(18,337)	(21,061)	(21,348)		(71,810)	(86,080)	(46,243)
Income tax expense (benefit)				408	782	(525)	(226)	(3,311)	(378)	129	(95)		439	(3,655)	160
Net Loss			$ (9,439)	(2,802)	$ (20,241)	$ (27,358)	$ (21,848)	(22,023)	$ (17,959)	$ (21,190)	$ (21,253)	$ (36,964)	(72,249)	(82,425)	(46,403)
Assets				$ 2,821,728				$ 3,017,459					$ 2,821,728	$ 3,017,459
Percentage of assets (in hundredths)				100.00%				100.00%					100.00%	100.00%
Capital expenditures													$ (21,151)	$ (11,411)	(8,538)
Managed Properties
Revenues [Abstract]
Resident fees and services													359,472	277,324	156,993
Rental revenue													0	0	0
Less: Property operating expense													243,027	189,543	112,242
Segment NOI													116,445	87,781	44,751
Assets				$ 1,639,726				$ 1,744,540					$ 1,639,726	$ 1,744,540
Percentage of assets (in hundredths)				58.10%				57.80%					58.10%	57.80%
Capital expenditures													$ (17,196)
All Other Assets
Revenues [Abstract]
Assets	[1]			$ 30,900				$ 76,341					$ 30,900	$ 76,341
Percentage of assets (in hundredths)	[1]			1.10%				2.50%					1.10%	2.50%
Triple Net Lease
Revenues [Abstract]
Resident fees and services													$ 0	$ 0	0
Rental revenue													112,966	111,154	97,992
Less: Property operating expense													0	0	0
Segment NOI													112,966	111,154	97,992
Assets				$ 1,151,102				$ 1,196,578					$ 1,151,102	$ 1,196,578
Percentage of assets (in hundredths)				40.80%				39.70%					40.80%	39.70%
Capital expenditures													$ 4,089	$ 0	$ 0
Geographic Concentration Risk | Segment Revenue
Major Customers [Abstract]
Number of Communities | community													152	154
Percentage of total revenues (in hundredths)													100.00%	100.00%
Geographic Concentration Risk | Segment Revenue | Florida
Major Customers [Abstract]
Number of Communities | community													26	26
Percentage of total revenues (in hundredths)													19.80%	20.90%
Geographic Concentration Risk | Segment Revenue | Texas
Major Customers [Abstract]
Number of Communities | community													19	19
Percentage of total revenues (in hundredths)													12.00%	13.50%
Geographic Concentration Risk | Segment Revenue | California
Major Customers [Abstract]
Number of Communities | community													11	12
Percentage of total revenues (in hundredths)													10.00%	9.30%
Geographic Concentration Risk | Segment Revenue | North Carolina
Major Customers [Abstract]
Number of Communities | community													9	9
Percentage of total revenues (in hundredths)													6.40%	5.70%
Geographic Concentration Risk | Segment Revenue | Pennsylvania
Major Customers [Abstract]
Number of Communities | community													7	7
Percentage of total revenues (in hundredths)													6.00%	6.30%
Geographic Concentration Risk | Segment Revenue | Oregon
Major Customers [Abstract]
Number of Communities | community													9	10
Percentage of total revenues (in hundredths)													5.30%	5.50%
Geographic Concentration Risk | Segment Revenue | Utah
Major Customers [Abstract]
Number of Communities | community													6	6
Percentage of total revenues (in hundredths)													4.30%	5.20%
Geographic Concentration Risk | Segment Revenue | Other
Major Customers [Abstract]
Number of Communities | community													65	65
Percentage of total revenues (in hundredths)													36.20%	33.60%
[1]	Primarily consists of corporate cash which is not directly attributable to the Company's reportable business segments.

REAL ESTATE INVESTMENTS (Detail

REAL ESTATE INVESTMENTS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Gross Carrying Amount [Abstract]
Gross Carrying Amount	$ 2,773,179	$ 2,790,928
Accumulated Depreciation	(218,968)	(129,788)
Net real estate property	2,554,211	2,661,140
Depreciation expense	92,372	72,767	$ 46,622
Real Estate Intangibles [Abstract]
Gross Carrying Amount	319,929	308,917
Accumulated amortization	(255,452)	(166,714)
Net real estate intangibles	64,477	142,203
Amortization expense	92,174	87,551	56,657
Rental Revenue
Real Estate Intangibles [Abstract]
Accretion of below market leases	143	142	$ 119
Land
Gross Carrying Amount [Abstract]
Gross Carrying Amount	220,317	222,795
Accumulated Depreciation	0	0
Net real estate property	220,317	222,795
Building and improvements
Gross Carrying Amount [Abstract]
Gross Carrying Amount	2,430,658	2,455,170
Accumulated Depreciation	(163,670)	(97,485)
Net real estate property	2,266,988	2,357,685
Furniture, fixtures and equipment
Gross Carrying Amount [Abstract]
Gross Carrying Amount	122,204	112,963
Accumulated Depreciation	(55,298)	(32,303)
Net real estate property	66,906	80,660
Above/below market lease intangibles, net
Real Estate Intangibles [Abstract]
Gross Carrying Amount	5,868	5,868
Accumulated amortization	(556)	(361)
Net real estate intangibles	$ 5,312	$ 5,507
Weighted Average Remaining Amortization Period	53 years 8 months	52 years 9 months
In-place lease intangibles
Real Estate Intangibles [Abstract]
Gross Carrying Amount	$ 308,265	$ 297,253
Accumulated amortization	(252,684)	(164,772)
Net real estate intangibles	$ 55,581	$ 132,481
Weighted Average Remaining Amortization Period	2 years 8 months	2 years 7 months
Other intangibles
Real Estate Intangibles [Abstract]
Gross Carrying Amount	$ 5,796	$ 5,796
Accumulated amortization	(2,212)	(1,581)
Net real estate intangibles	$ 3,584	$ 4,215
Weighted Average Remaining Amortization Period	9 years 6 months	9 years 5 months

REAL ESTATE INVESTMENTS - Estim

REAL ESTATE INVESTMENTS - Estimated Future Amortization of Intangible Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2,017	$ 48,639
2,018	8,362
2,019	503
2,020	503
2,021	503
Thereafter	5,967
Net real estate intangibles	$ 64,477	$ 142,203

RECEIVABLES AND OTHER ASSETS,47

RECEIVABLES AND OTHER ASSETS, NET (Details) $ in Thousands		12 Months Ended
		Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Receivables and Other Assets [Abstract]
Number of properties held for sale		2
Escrows held by lenders	[1]	$ 36,231	$ 19,694
Prepaid expenses		3,617	4,828
Resident receivables, net		3,111	2,594
Deferred tax assets		8,660	8,757
Security deposits		3,238	2,932
Income tax receivable		1,313	1,920
Assets held for sale	[2]	10,824	0
Other assets and receivables		4,240	4,594
Total receivables and other assets		71,234	45,319
Allowance for Doubtful Accounts [Roll Forward]
Balance, beginning of period		509	190	$ 303
Provision for bad debt		2,150	2,105	922
Write-offs, net of recoveries		(1,683)	(1,786)	(1,035)
Balance, end of period		$ 976	$ 509	$ 190
[1]	Represents amounts held by lenders in tax, insurance, replacement reserve and other escrow accounts that are related to mortgage notes collateralized by New Senior's properties.
[2]	Represents two AL/MC properties in the Managed Properties segment classified as held for sale as of December 31, 2016. The balance primarily consists of the carrying value of buildings and land as of December 31, 2016. These properties were sold on January 31, 2017; see Note 17 for further information.

MORTGAGE NOTES PAYABLE, NET (De

MORTGAGE NOTES PAYABLE, NET (Details) - USD ($) $ in Thousands		1 Months Ended		12 Months Ended
		Oct. 31, 2016	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Cash escrowed with lender				$ (11,374)	$ 0	$ 0
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid				1,946,965
Mortgage Notes Payable [Abstract]
Deferred Finance Costs, Net				27,797	37,435
Loss on extinguishment of debt				245	5,091	0
Early Repayment of Notes Payable		$ 13,725		13,725	304,484	$ 0
Contractual Maturities [Abstract]
2,017				126,371
2,018				113,510
2,019				127,329
2,020				64,864
2,021				343,543
Thereafter				1,381,157
Total				2,156,774
Due in next 12 months [Member]
Debt Instrument [Line Items]
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid	[1]			98,327
Contractual Maturities [Abstract]
2,017				28,044
Mortgage Notes Payable
Mortgage Notes Payable [Abstract]
Refinanced mortgage loans			$ 297,030
Loss on extinguishment of debt		$ 245	$ 5,091
Mortgage Notes Payable | Level 3
Contractual Maturities [Abstract]
Fair value of mortgage notes payable				2,137,097	2,217,464
Mortgage Notes Payable | Fixed Rate
Mortgage Notes Payable [Abstract]
Carrying value of collateral				1,600,019	1,679,646
Mortgage Notes Payable | Floating Rate
Mortgage Notes Payable [Abstract]
Carrying value of collateral				1,018,245	1,122,960
Due in year two [Member]
Debt Instrument [Line Items]
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid				81,435
Contractual Maturities [Abstract]
2,018				32,075
Due in year three [Member]
Debt Instrument [Line Items]
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid				95,345
Contractual Maturities [Abstract]
2,019				31,984
Due in year four [Member]
Debt Instrument [Line Items]
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid				31,636
Contractual Maturities [Abstract]
2,020				33,228
Due in year five [Member]
Debt Instrument [Line Items]
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid				311,518
Contractual Maturities [Abstract]
2,021				32,025
Due after year five [Member]
Debt Instrument [Line Items]
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid				1,328,704
Contractual Maturities [Abstract]
Thereafter				52,453
Total outstanding principal [Member]
Contractual Maturities [Abstract]
Total				$ 209,809
Managed Properties | Mortgage Notes Payable | LIBOR | Minimum
Mortgage Notes Payable [Abstract]
Basis spread on variable rate (in hundredths)				3.30%
Managed Properties | Mortgage Notes Payable | LIBOR | Maximum
Mortgage Notes Payable [Abstract]
Basis spread on variable rate (in hundredths)				3.80%
Managed Properties | Mortgage Notes Payable | Fixed Rate
Mortgage Notes Payable [Abstract]
Outstanding Face Amount				$ 604,749	607,437
Carrying value	[2]			$ 601,232	603,460
Weighted Average Maturity (Years)				7 years 2 months
Managed Properties | Mortgage Notes Payable | Fixed Rate | Minimum
Mortgage Notes Payable [Abstract]
Debt Instrument, Interest Rate During Period				3.65%
Managed Properties | Mortgage Notes Payable | Fixed Rate | Maximum
Mortgage Notes Payable [Abstract]
Debt Instrument, Interest Rate During Period				6.76%
Managed Properties | Mortgage Notes Payable | Floating Rate
Mortgage Notes Payable [Abstract]
Outstanding Face Amount	[3]			$ 717,254	731,318
Carrying value	[2],[3]			$ 710,672	723,554
Weighted Average Maturity (Years)	[3]			5 years
Managed Properties | Mortgage Notes Payable | Floating Rate | LIBOR | Minimum
Mortgage Notes Payable [Abstract]
Basis spread on variable rate (in hundredths)				2.20%
Managed Properties | Mortgage Notes Payable | Floating Rate | LIBOR | Maximum
Mortgage Notes Payable [Abstract]
Basis spread on variable rate (in hundredths)				2.70%
Triple Net Lease | Mortgage Notes Payable
Mortgage Notes Payable [Abstract]
Outstanding Face Amount				$ 2,156,774	2,186,739
Carrying value	[2]			$ 2,130,387	2,151,317
Weighted Average Maturity (Years)				5 years 5 months
Triple Net Lease | Mortgage Notes Payable | Fixed Rate
Mortgage Notes Payable [Abstract]
Outstanding Face Amount	[4]			$ 683,137	695,984
Carrying value	[2],[4]			$ 667,579	673,732
Weighted Average Maturity (Years)	[4]			5 years 2 months
Triple Net Lease | Mortgage Notes Payable | Fixed Rate | Minimum
Mortgage Notes Payable [Abstract]
Debt Instrument, Interest Rate During Period				3.83%
Triple Net Lease | Mortgage Notes Payable | Fixed Rate | Maximum
Mortgage Notes Payable [Abstract]
Debt Instrument, Interest Rate During Period				8.00%
Triple Net Lease | Mortgage Notes Payable | Floating Rate
Mortgage Notes Payable [Abstract]
Outstanding Face Amount				$ 151,634	152,000
Carrying value	[2]			$ 150,904	$ 150,571
Weighted Average Maturity (Years)				1 year
Triple Net Lease | Mortgage Notes Payable | Floating Rate | LIBOR | Minimum
Mortgage Notes Payable [Abstract]
Basis spread on variable rate (in hundredths)				3.00%
Triple Net Lease | Mortgage Notes Payable | Floating Rate | LIBOR | Maximum
Mortgage Notes Payable [Abstract]
Basis spread on variable rate (in hundredths)				3.25%
Mortgage Loans, Face Amounts of 343,763 [Member] | Triple Net Lease | Mortgage Notes Payable | Fixed Rate
Mortgage Notes Payable [Abstract]
Outstanding Face Amount				$ 343,763
Mortgage Loans, Face Amounts of 343,763 [Member] | Triple Net Lease | Mortgage Notes Payable | Fixed Rate | Minimum
Mortgage Notes Payable [Abstract]
Debt Instrument, Interest Rate During Period				4.00%
Mortgage Loans, Face Amounts of 343,763 [Member] | Triple Net Lease | Mortgage Notes Payable | Fixed Rate | Maximum
Mortgage Notes Payable [Abstract]
Debt Instrument, Interest Rate During Period				4.99%
Mortgage Loans, Face Amounts of 292,156 [Member] | Triple Net Lease | Mortgage Notes Payable | Fixed Rate
Mortgage Notes Payable [Abstract]
Outstanding Face Amount				$ 292,156
Mortgage Loans, Face Amounts of 292,156 [Member] | Triple Net Lease | Mortgage Notes Payable | Fixed Rate | Minimum
Mortgage Notes Payable [Abstract]
Debt Instrument, Interest Rate During Period				3.80%
Mortgage Loans, Face Amounts of 292,156 [Member] | Triple Net Lease | Mortgage Notes Payable | Fixed Rate | Maximum
Mortgage Notes Payable [Abstract]
Debt Instrument, Interest Rate During Period				4.55%
[1]	The debt agreement for the balloon payment includes an option for the Company to extend the payment to 2019.
[2]	The totals are reported net of deferred financing costs of $27,797 and $37,435 as of December 31, 2016 and 2015, respectively.
[3]	Represents two AL/MC properties in the Managed Properties segment classified as held for sale as of December 31, 2016. The balance primarily consists of the carrying value of buildings and land as of December 31, 2016. These properties were sold on January 31, 2017; see Note 17 for further information.
[4]	Includes loans with an outstanding face amount of $343,763 and $292,156, as of December 31, 2016, for which the Company bought down the interest rates to 4.00% and 3.80%, respectively, through January 2019. The interest rates will increase to 4.99% and 4.55%, respectively, thereafter.

DERIVATIVE INSTRUMENTS (Details

DERIVATIVE INSTRUMENTS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Derivative [Line Items]
Outstanding notional amount	$ 717,282	$ 731,318
Fair value	$ 115	283
LIBOR | Minimum
Derivative [Line Items]
LIBOR cap range	3.30%
LIBOR | Maximum
Derivative [Line Items]
LIBOR cap range	3.80%
Interest Rate Cap
Derivative [Line Items]
Derivative gain (loss), net	$ (168)	$ (964)

ACCRUED EXPENSES AND OTHER LI50

ACCRUED EXPENSES AND OTHER LIABILITIES (Details) - USD ($)		Dec. 31, 2016	Dec. 31, 2015
Payables and Accruals [Abstract]
Liabilities held for sale		$ 74,000
Accounts Payable and Accrued Liabilities [Abstract]
Security deposits payable		57,186,000	$ 54,669,000
Escrow Liabilities	[1]	10,503,000	2,538,000
Accounts payable		10,137,000	6,816,000
Mortgage interest payable		6,671,000	6,415,000
Deferred community fees, net		5,257,000	4,450,000
Rent collected in advance		3,180,000	3,937,000
Property tax payable		3,877,000	3,599,000
Other liabilities (B)	[2]	4,012,000	6,749,000
Accrued expenses and other liabilities		$ 100,823,000	$ 89,173,000
[1]	Represents amounts held in tax, insurance, and replacement reserve escrow accounts that are related to mortgage notes collateralized by New Senior's triple net lease properties.
[2]	Includes liabilities related to assets held for sale of $74 related to two AL/MC properties classified as held for sale as of December 31, 2016. These properties were sold on January 31, 2017; see Note 17 for further information.

TRANSACTIONS WITH AFFILIATES (D

TRANSACTIONS WITH AFFILIATES (Details) - USD ($)	1 Months Ended	2 Months Ended	10 Months Ended	12 Months Ended
	Oct. 31, 2016	Dec. 31, 2014	Nov. 06, 2014	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Management and Lease Agreements [Abstract]
Management fee rate payable by Newcastle (in hundredths)				1.50%
Management fees and incentive compensation to affiliate				$ 18,143,000	$ 14,279,000	$ 8,470,000
Management Fees, Incentive Revenue		$ 0		2,742,000	0
Due to Affiliate, Current				2,106,000	0
Due to affiliates				11,623,000	9,644,000
Property management fees				19,724,000	16,167,000	9,327,000
Travel reimbursement costs				366,000	369,000	318,000
Property-level payroll expenses				104,180,000	85,477,000	58,017,000
Loss on Contract Termination	$ 1,799,000
Rental revenue				$ 112,966,000	111,154,000	97,992,000
Newcastle
Management and Lease Agreements [Abstract]
Management fees and incentive compensation to affiliate			$ 6,610,000
Manager
Management and Lease Agreements [Abstract]
Management fee rate payable by Newcastle (in hundredths)				1.50%
Management fees and incentive compensation to affiliate		1,860,000		$ 15,401,000	14,279,000
Percentage used in calculation of annual incentive compensation paid to Manager (in hundredths)				25.00%
Interest rate used in calculation of annual incentive compensation paid to Manager (in hundredths)				10.00%
Manager incentive compensation		0
Reimbursement to manger for other tasks and services under the management agreement		1,551,000		$ 9,768,000	9,680,000
Due to affiliates				1,280,000	1,349,000
Managed Properties
Management and Lease Agreements [Abstract]
Rental revenue				$ 0	0	0
Managed Properties | Property Managers
Management and Lease Agreements [Abstract]
Extension period after initial term of Property Management Agreements				1 year
Managed Properties | Blue Harbor and Holiday | Independent Living Properties
Management and Lease Agreements [Abstract]
Percentage of property's effective gross income paid as property management fees (in hundredths)				5.00%
Managed Properties | Blue Harbor and Holiday | Assisted Living/Memory Care Properties
Management and Lease Agreements [Abstract]
Percentage of property's gross income paid as property management fees for first two years (in hundredths)				6.00%
Percentage of property's gross income paid as property management fees thereafter (in hundredths)				7.00%
Triple Net Lease
Management and Lease Agreements [Abstract]
Rental revenue				$ 112,966,000	111,154,000	97,992,000
Triple Net Lease | Holiday
Management and Lease Agreements [Abstract]
Rental revenue				71,015,000	67,957,000	$ 65,031,000
General and Administrative Expense | Manager
Management and Lease Agreements [Abstract]
Reimbursement to manger for other tasks and services under the management agreement		822,000		8,158,000	6,607,000
Acquisition, Transaction and Integration Expense | Manager
Management and Lease Agreements [Abstract]
Reimbursement to manger for other tasks and services under the management agreement		$ 729,000		1,610,000	3,073,000
Property Management Fees Under Property Management Agreement | Property Managers
Management and Lease Agreements [Abstract]
Due to affiliates				1,676,000	1,689,000
Reimbursement of Property-Level Payroll Expenses Under Property Management Agreement | Manager
Management and Lease Agreements [Abstract]
Due to affiliates				1,046,000	1,518,000
Reimbursement of Property-Level Payroll Expenses Under Property Management Agreement | Property Managers
Management and Lease Agreements [Abstract]
Due to affiliates				$ 5,515,000	5,088,000
Minimum | Managed Properties | Property Managers
Management and Lease Agreements [Abstract]
Initial term of Property Management Agreements				5 years
Maximum | Managed Properties | Property Managers
Management and Lease Agreements [Abstract]
Initial term of Property Management Agreements				10 years
Employee Severance
Management and Lease Agreements [Abstract]
Restructuring Costs				$ 145,000	$ 664,000

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Current
Federal									$ 16	$ 26	$ (925)
State and local									326	84	170
Total current provision									342	110	(755)
Deferred
Federal									89	(3,576)	907
State and local									8	(189)	8
Total deferred provision									97	(3,765)	915
Total provision (benefit) for income taxes	$ 408	$ 782	$ (525)	$ (226)	$ (3,311)	$ (378)	$ 129	$ (95)	$ 439	$ (3,655)	$ 160
Reconciliation of Statutory to Effective Tax Rate [Abstract]
Statutory U.S. federal income tax rate									35.00%	35.00%	35.00%
Non-taxable REIT (loss)									(35.16%)	(30.87%)	(35.03%)
State and local taxes									(0.39%)	0.16%	(0.29%)
Other									(0.06%)	(0.06%)	(0.03%)
Effective income tax rate									(0.61%)	4.23%	(0.35%)
Deferred tax assets:
Prepaid fees and rent	1,816				1,976				$ 1,816	$ 1,976
Net operating loss	4,386				5,175				4,386	5,175
Deferred rent	3,129				2,063				3,129	2,063
Tax credits	42				26				42	26
Other	113				70				113	70
Total deferred tax assets	9,486				9,310				9,486	9,310
Less valuation allowance	0				0				0	0
Net deferred tax assets	9,486				9,310				9,486	9,310
Deferred tax liabilities:
Depreciation and amortization	826				553				826	553
Total deferred tax liabilities	826				553				826	553
Total net deferred tax assets	8,660				$ 8,757				8,660	$ 8,757
Loss carryforwards for federal income tax purposes	$ 11,357								$ 11,357
Operating loss carryforwards, expiration date									Dec. 31, 2034

EQUITY AND EARNINGS PER SHARE E

EQUITY AND EARNINGS PER SHARE EQUITY AND EARNINGS PER SHARE - Outstanding Options (Details) - $ / shares	12 Months Ended
	Dec. 31, 2016	Mar. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price		$ 0.98
Nonqualified Stock Option and Incentive Award Plan | Stock Options
Outstanding Options [Abstract]
December 31, 2014 (in shares)	7,301,685
Exercised (in shares)	0
Expired / Forfeited (in shares)	(28,331)
December 31, 2015 (in shares)	7,278,354
Share-based Compensation Arrangement by Share-based Payment Award, Options, Other Increases (Decreases) in Period	5,000
Nonqualified Stock Option and Incentive Award Plan | Stock Options | Independent Directors
Outstanding Options [Abstract]
December 31, 2014 (in shares)	20,000
Exercised (in shares)	0
Expired / Forfeited (in shares)	0
December 31, 2015 (in shares)	25,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Other Increases (Decreases) in Period	5,000
Nonqualified Stock Option and Incentive Award Plan | Stock Options | Manager
Outstanding Options [Abstract]
December 31, 2014 (in shares)	6,985,606
Exercised (in shares)	0
Expired / Forfeited (in shares)	(5,210)
December 31, 2015 (in shares)	6,578,114
Share-based Compensation Arrangement by Share-based Payment Award, Options, Other Increases (Decreases) in Period	(402,282)
Nonqualified Stock Option and Incentive Award Plan | Stock Options | Manager's Employees
Outstanding Options [Abstract]
December 31, 2014 (in shares)	296,079
Exercised (in shares)	0
Expired / Forfeited (in shares)	(23,121)
December 31, 2015 (in shares)	675,240
Share-based Compensation Arrangement by Share-based Payment Award, Options, Other Increases (Decreases) in Period	402,282

EQUITY AND EARNINGS PER SHARE54

EQUITY AND EARNINGS PER SHARE EQUITY AND EARNINGS PER SHARE - Outstanding Options by Date of Grant (Details) - USD ($) $ / shares in Units, $ in Millions		Nov. 06, 2015	Jul. 16, 2015	Jun. 29, 2015	Nov. 05, 2015	Dec. 31, 2016	Mar. 30, 2016	Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Options							5,000
Stock Options | Nonqualified Stock Option and Incentive Award Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Options						7,278,354		7,301,685
Options Exercisable						6,422,762
Exercised options						0
Stock Options | 2014 | Nonqualified Stock Option and Incentive Award Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercised options						14,188
Weighted Average Exercise Price (in dollars per share)						$ 8.41
Stock Options | 2015 | Nonqualified Stock Option and Incentive Award Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercised options						174,991
Weighted Average Exercise Price (in dollars per share)						$ 8.43
Stock Options | 2004 - 2006 | Nonqualified Stock Option and Incentive Award Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expired options						110,743
Share-based Compensation Arrangements by Share-based Payment Award, Options, Expirations in Period, Weighted Average Exercise Price						$ 57.87
Manager | Stock Options | Nonqualified Stock Option and Incentive Award Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options Exercisable						6,422,762
Exercised options		162,492
Weighted Average Exercise Price (in dollars per share)					$ 8.43
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross						7,578,276
Manager | Stock Options | 2004 - 2007 | Nonqualified Stock Option and Incentive Award Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options Exercisable	[1]					116,330
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price	[1],[2]					$ 54.94
Intrinsic Value (millions)	[1]					$ 0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	[1]					227,073
Manager | Stock Options | March 2011 | Nonqualified Stock Option and Incentive Award Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options Exercisable						182,527
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price	[2]					$ 6.20
Intrinsic Value (millions)						$ 0.7
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross						182,527
Manager | Stock Options | September 2011 | Nonqualified Stock Option and Incentive Award Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options Exercisable						283,305
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price	[2]					$ 3.11
Intrinsic Value (millions)						$ 1.9
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross						283,305
Manager | Stock Options | April 2012 | Nonqualified Stock Option and Incentive Award Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options Exercisable	[1]					257,660
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price	[1],[2]					$ 6.68
Intrinsic Value (millions)	[1]					$ 0.8
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	[1]					311,191
Manager | Stock Options | May 2012 | Nonqualified Stock Option and Incentive Award Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options Exercisable	[1]					312,026
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price	[1],[2]					$ 7.77
Intrinsic Value (millions)	[1]					$ 0.6
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	[1]					377,495
Manager | Stock Options | July 2012 | Nonqualified Stock Option and Incentive Award Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options Exercisable	[1]					346,343
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price	[1],[2]					$ 7.73
Intrinsic Value (millions)	[1]					$ 0.7
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	[1]					416,522
Manager | Stock Options | January 2013 | Nonqualified Stock Option and Incentive Award Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options Exercisable	[1]					958,331
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price	[1],[2]					$ 13.44
Intrinsic Value (millions)	[1]					$ 0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	[1]					958,331
Manager | Stock Options | February 2013 | Nonqualified Stock Option and Incentive Award Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options Exercisable	[1]					383,331
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price	[1],[2]					$ 15.87
Intrinsic Value (millions)	[1]					$ 0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	[1]					383,331
Manager | Stock Options | June 2013 | Nonqualified Stock Option and Incentive Award Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options Exercisable	[1]					670,829
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price	[1],[2]					$ 16.91
Intrinsic Value (millions)	[1]					$ 0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	[1]					670,829
Manager | Stock Options | November 2013 | Nonqualified Stock Option and Incentive Award Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options Exercisable	[1]					965,847
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price	[1],[2]					$ 18.25
Intrinsic Value (millions)	[1]					$ 0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	[1]					965,847
Manager | Stock Options | August 2014 | Nonqualified Stock Option and Incentive Award Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options Exercisable						714,388
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price	[2]					$ 19.91
Intrinsic Value (millions)						$ 0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross						765,416
Manager | Stock Options | November 2014 | Nonqualified Stock Option and Incentive Award Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options Exercisable						20,000
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price	[2]					$ 16.23
Intrinsic Value (millions)						$ 0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross						20,000
Manager | Stock Options | June 2015 | Nonqualified Stock Option and Incentive Award Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Options				2,011,409
Options Exercisable	[1]					1,206,845
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price	[1],[2]					$ 12.77
Exercised options			12,499
Weighted Average Exercise Price (in dollars per share)				$ 13.75
Intrinsic Value (millions)	[1]					$ 0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	[1]					2,011,409
Manager | Stock Options | Granted March 2016 [Member] | Nonqualified Stock Option and Incentive Award Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options Exercisable						5,000
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price	[2]					$ 10.12
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross						5,000
Outstanding options [Member] | Stock Options | Nonqualified Stock Option and Incentive Award Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted Average Exercise Price (in dollars per share)						$ 14.35
Intrinsic Value (millions)						$ 5
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term						6 years 9 months 12 days
Exercisable options [Member] | Stock Options | Nonqualified Stock Option and Incentive Award Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted Average Exercise Price (in dollars per share)						$ 14.51
Intrinsic Value (millions)						$ 5
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Remaining Contractual Term						6 years 6 months 23 days
[1]	The Manager assigned certain of its options to Fortress’s employees as follows:
[2]	The strike prices are subject to adjustment in connection with return of capital dividends.

EQUITY AND EARNINGS PER SHARE55

EQUITY AND EARNINGS PER SHARE EQUITY AND EARNINGS PER SHARE - Outstanding Stock Optoins by Exercise Price Range (Details)	12 Months Ended
	Dec. 31, 2016$ / sharesshares
Range of Strike Prices [Abstract]
Total Unexercised Inception to Date | shares	675,240
2004 - 2007
Range of Strike Prices [Abstract]
Strike price, lower limit of range (in dollars per share)	$ 52.28
Strike price, upper limit of range (in dollars per share)	$ 59.94
Total Unexercised Inception to Date | shares	6,301
2,012
Range of Strike Prices [Abstract]
Strike price, lower limit of range (in dollars per share)	$ 6.68
Strike price, upper limit of range (in dollars per share)	$ 7.77
Total Unexercised Inception to Date | shares	0
2,013
Range of Strike Prices [Abstract]
Strike price, lower limit of range (in dollars per share)	$ 13.44
Strike price, upper limit of range (in dollars per share)	$ 18.25
Total Unexercised Inception to Date | shares	266,657
2,015
Range of Strike Prices [Abstract]
Strike price, lower limit of range (in dollars per share)	$ 12.77
Strike price, upper limit of range (in dollars per share)	$ 12.77
Total Unexercised Inception to Date | shares	402,282

EQUITY AND EARNINGS PER SHARE56

EQUITY AND EARNINGS PER SHARE EQUITY AND EARNINGS PER SHARE - Narrative (Details) - USD ($) $ / shares in Units, $ in Thousands	Jul. 07, 2016	Nov. 06, 2015	Nov. 05, 2015	Jul. 16, 2015	Jun. 29, 2015	Dec. 31, 2015	Nov. 05, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Mar. 30, 2016	Dec. 17, 2015	Nov. 07, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Issuance of common stock, net (in shares)									20,114,090
Proceeds from issuance of common stock and exercise of options								$ 0	$ 276,569	$ 142
Dividends declared per share of common stock (in dollars per share)								$ 1.04	$ 0.75	$ 0.23
Stock Repurchased and Retired During Period, Value								$ 30,913	$ 10,273
Stock repurchase program, authorized amount												$ 30,000
Repurchase of common stock (in shares)								3,333,333	1,112,000
Treasury stock acquired, average cost per share (in dollars per share)						$ 9
Director's shared issued	13,029
Repurchase of common stock								$ 30,913	$ 10,273	$ 0
Common stock, shares outstanding (in shares)						85,447,551		82,127,247	85,447,551
Number of options (in shares)											5,000
Granted in period, fair value					$ 2,976
Risk free interest rate					2.51%
Expected dividend rate					8.16%
Expected volatility rate					21.32%
Expected term					10 years
Share price (in dollars per share)								$ 9.79
Common stock, shares issued (in shares)						85,447,551		82,127,247	85,447,551				66,415,415
Dilutive common stock equivalents attributable to stock options (in shares)								0
Fortress Investment Group, LLC
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, shares outstanding (in shares)								1,302,720
Stock Options | Nonqualified Stock Option and Incentive Award Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum amount available for repurchase								30,000,000
Term of plan								10 years
Percentage increase in number of common stock shares reserved for issuance (in hundredths)								10.00%
Maximum percentage of shares that can be issued to Manager in connection with capital raising efforts (in hundredths)								10.00%
Number of options converted in connection with spin-off (in shares)								5,500,000
Period used to calculate average closing price to set exercise price of options								5 days
Number of options (in shares)						7,301,685		7,278,354	7,301,685
Exercised options								0
Stock Options | Nonqualified Stock Option and Incentive Award Plan | Manager
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted Average Exercise Price (in dollars per share)							$ 8.43
Exercised options		162,492
Forfeitures in period		137,081		7,864
Options forfeitures in period, weighted average exercise price (in dollars per share)			$ 9.99	$ 13.40
Minimum | Nonqualified Stock Option and Incentive Award Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options expiry date								Jan. 12, 2015
Maximum | Nonqualified Stock Option and Incentive Award Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options expiry date								Aug. 18, 2024
June 2015 | Stock Options | Nonqualified Stock Option and Incentive Award Plan | Manager
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options (in shares)					2,011,409
Weighted Average Exercise Price (in dollars per share)					$ 13.75
Exercised options				12,499
Independent Directors | Stock Options | Nonqualified Stock Option and Incentive Award Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options (in shares)						20,000		25,000	20,000
Exercised options								0
Equity Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Antidilutive securities excluded from computation of earnings per share								539,783	635,624	162,563

CONCENTRATION OF CREDIT RISK (D

CONCENTRATION OF CREDIT RISK (Details)	12 Months Ended
	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2014
Concentration of Credit Risk [Abstract]
Security deposit	$ 3,238,000	$ 2,932,000
Holiday | Real Estate Investment | Credit Concentration Risk
Concentration of Credit Risk [Abstract]
Percentage of real estate investments managed and operated (in hundredths)	46.80%	46.80%	14.70%
Holiday | Segment Real Estate Investments | Credit Concentration Risk
Concentration of Credit Risk [Abstract]
Percentage of real estate investments managed and operated (in hundredths)	78.20%	77.90%	44.20%
Holiday | Segment Revenue | Credit Concentration Risk
Concentration of Credit Risk [Abstract]
Percentage of real estate investments managed and operated (in hundredths)	65.90%	57.70%	45.40%
Holiday | Segment NOI | Credit Concentration Risk
Concentration of Credit Risk [Abstract]
Percentage of real estate investments managed and operated (in hundredths)	72.30%	62.20%	41.80%
Other | Real Estate Investment | Credit Concentration Risk
Concentration of Credit Risk [Abstract]
Percentage of real estate investments managed and operated (in hundredths)	2.50%	2.80%	0.90%
Triple Net Lease | Real Estate Investment | Credit Concentration Risk
Concentration of Credit Risk [Abstract]
Percentage of real estate investments managed and operated (in hundredths)	40.20%	39.90%	66.80%
Blue Harbor | Real Estate Investment | Credit Concentration Risk
Concentration of Credit Risk [Abstract]
Percentage of real estate investments managed and operated (in hundredths)	10.50%	10.50%	17.60%
Blue Harbor | Segment Real Estate Investments | Credit Concentration Risk
Concentration of Credit Risk [Abstract]
Percentage of real estate investments managed and operated (in hundredths)	17.50%	17.50%	53.00%
Blue Harbor | Segment Revenue | Credit Concentration Risk
Concentration of Credit Risk [Abstract]
Percentage of real estate investments managed and operated (in hundredths)	29.60%	38.80%	54.40%
Blue Harbor | Segment NOI | Credit Concentration Risk
Concentration of Credit Risk [Abstract]
Percentage of real estate investments managed and operated (in hundredths)	24.20%	34.40%	57.90%
Tenant for Holiday Portfolios
Concentration of Credit Risk [Abstract]
Security deposit	$ 43,354,000
Minimum net worth required by guarantor	$ 150,000,000
Minimum fixed coverage ratio	1.10
Maximum leverage ratio	10
Tenant for Holiday Portfolios | Triple Net Lease | Segment Revenue | Credit Concentration Risk
Concentration of Credit Risk [Abstract]
Concentration risk percentage (in hundredths)	18.90%	23.00%	35.00%
Tenant for Holiday Portfolios | Triple Net Lease | Segment NOI | Credit Concentration Risk
Concentration of Credit Risk [Abstract]
Concentration risk percentage (in hundredths)	38.90%	45.00%	62.50%

FUTURE MINIMUM RENTS (Details)

FUTURE MINIMUM RENTS (Details) $ in Thousands	Dec. 31, 2016USD ($)
Future Contracted Minimum Rental Revenue [Abstract]
2,017	$ 95,230
2,018	98,471
2,019	101,715
2,020	105,067
2,021	108,531
Thereafter	1,126,284
Total	$ 1,635,298

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Capital Improvement and Repair Commitments [Abstract]
Payments for Capital Improvements	$ 2,423	$ 3,169	$ 3,530
Capital Improvement Commitments [Member]
Capital Improvement and Repair Commitments [Abstract]
Payments for Capital Improvements	334
Capital Improvements to Properties Under Certain Lease Agreements
Capital Improvement and Repair Commitments [Abstract]
Capital improvements	$ 4,000
Lease period	15 years
Additional Capital Improvements to Properties Under Certain Lease Agreements
Capital Improvement and Repair Commitments [Abstract]
Capital improvements	$ 11,500
Life Care Services Portfolio | Triple Net Lease | Immediate Capital Improvements
Capital Improvement and Repair Commitments [Abstract]
Payments for Capital Improvements	$ 3,851
Watermark | Triple Net Lease
Capital Improvement and Repair Commitments [Abstract]
Lease period	15 years
Watermark | Triple Net Lease | Lender Mandated Repairs
Capital Improvement and Repair Commitments [Abstract]
Capital improvements	$ 1,000
Watermark | Triple Net Lease | Additional Capital Improvements
Capital Improvement and Repair Commitments [Abstract]
Capital improvements	$ 1,000

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - USD ($) $ / shares in Units, $ in Thousands	Feb. 27, 2017	Jul. 07, 2016	Jan. 31, 2017	Oct. 31, 2016	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Subsequent Event [Line Items]
Director's shared issued		13,029
Gain on sale of real estate				$ 13,356	$ 13,356	$ 0	$ 0
Early Repayment of Notes Payable				$ 13,725	$ 13,725	$ 304,484	$ 0
Dividends declared per share of common stock (in dollars per share)					$ 1.04	$ 0.75	$ 0.23
Subsequent Event
Subsequent Event [Line Items]
Director's shared issued			13,969
Other Real Estate			$ 10,774
Proceeds from Sale of Real Estate			15,500
Gain on sale of real estate			4,000
Early Repayment of Notes Payable			$ 14,730
Dividends declared per share of common stock (in dollars per share)	$ 0.26

QUARTERLY FINANCIAL INFORMATI61

QUARTERLY FINANCIAL INFORMATION (UNAUDITED) (Details) - USD ($) $ / shares in Units, $ in Thousands	2 Months Ended	3 Months Ended								10 Months Ended	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Nov. 06, 2014	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Tax Credit Carryforward [Line Items]
Additional amortization of acquired intangibles											$ 14,591
Summarized Quarterly Financial Data [Abstract]
Revenue		$ 117,495	$ 118,457	$ 118,541	$ 117,945	$ 118,433	$ 104,985	$ 91,200	$ 73,860		472,438	$ 388,478	$ 254,985
Net operating income		57,053	57,103	57,935	57,320	57,745	53,225	48,376	39,589		229,411	198,935	142,743
Loss before income taxes		(2,394)	(19,459)	(27,883)	(22,074)	(25,334)	(18,337)	(21,061)	(21,348)		(71,810)	(86,080)	(46,243)
Income tax (benefit) expense		408	782	(525)	(226)	(3,311)	(378)	129	(95)		439	(3,655)	160
Net Loss	$ (9,439)	$ (2,802)	$ (20,241)	$ (27,358)	$ (21,848)	$ (22,023)	$ (17,959)	$ (21,190)	$ (21,253)	$ (36,964)	$ (72,249)	$ (82,425)	$ (46,403)
Loss per share of common stock
Basic and diluted (in dollars per share)		$ (0.03)	$ (0.25)	$ (0.33)	$ (0.26)	$ (0.26)	$ (0.21)	$ (0.32)	$ (0.32)		$ (0.88)	$ (1.08)	$ (0.70)
Weighted average number of shares of common stock outstanding
Basic and diluted (in shares)		82,127,247	82,126,397	82,114,218	83,066,599	86,271,022	86,533,384	66,857,483	66,415,415		82,357,349	76,601,161	66,400,914
Year-End Adjustment [Member]
Tax Credit Carryforward [Line Items]
Out of period adjustments						$ (2,200)
Adjustments related to a tax benefit for deferred tax assets						2,200
Additional amortization of acquired intangibles						$ 1,800

SCHEDULE III, REAL ESTATE AND62

SCHEDULE III, REAL ESTATE AND ACCUMULATED DEPRECIATION, Real Estate and Accumulated Depreciation, by Property (Details) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2016		Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)	[1]	$ 2,146,869
Initial Cost to the Company
Land		220,317
Buildings and Improvements		2,408,361
Furniture, Fixtures and Equipment		102,375
Costs Capitalized Subsequent to Acquisition		42,126
Gross Amount Carried at Close of Period
Land		220,317
Buildings and Improvements		2,430,658
Furniture, Fixtures and Equipment		122,204
Total		2,773,179	[2]	$ 2,790,928	$ 1,638,929	$ 1,373,428
Accumulated Depreciation		(218,968)		$ (129,788)	$ (56,988)	$ (10,526)
Net Book Value		2,554,211
Federal income tax basis		2,800,000
Managed Properties | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)	[1]	1,312,098
Initial Cost to the Company
Land		133,513
Buildings and Improvements		1,395,618
Furniture, Fixtures and Equipment		63,470
Costs Capitalized Subsequent to Acquisition		38,035
Gross Amount Carried at Close of Period
Land		133,513
Buildings and Improvements		1,414,006
Furniture, Fixtures and Equipment		83,117
Total		1,630,636
Accumulated Depreciation		(120,907)
Net Book Value		1,509,729
Managed Properties | Andover Place | Little Rock, AR | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		13,995
Initial Cost to the Company
Land		629
Buildings and Improvements		14,664
Furniture, Fixtures and Equipment		783
Costs Capitalized Subsequent to Acquisition		173
Gross Amount Carried at Close of Period
Land		629
Buildings and Improvements		14,717
Furniture, Fixtures and Equipment		903
Total		16,249
Accumulated Depreciation		(791)
Net Book Value		$ 15,458
Year Acquired		2,015
Managed Properties | Andover Place | Little Rock, AR | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Andover Place | Little Rock, AR | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Desert Flower | Scottsdale, AZ | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 17,452
Initial Cost to the Company
Land		2,295
Buildings and Improvements		16,901
Furniture, Fixtures and Equipment		101
Costs Capitalized Subsequent to Acquisition		659
Gross Amount Carried at Close of Period
Land		2,295
Buildings and Improvements		17,336
Furniture, Fixtures and Equipment		325
Total		19,956
Accumulated Depreciation		(2,293)
Net Book Value		$ 17,663
Year Acquired		2,012
Managed Properties | Desert Flower | Scottsdale, AZ | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Desert Flower | Scottsdale, AZ | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Arcadia Place | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Arcadia Place | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Arcadia Place | Vista, CA | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 16,575
Initial Cost to the Company
Land		1,569
Buildings and Improvements		14,252
Furniture, Fixtures and Equipment		804
Costs Capitalized Subsequent to Acquisition		248
Gross Amount Carried at Close of Period
Land		1,569
Buildings and Improvements		14,343
Furniture, Fixtures and Equipment		961
Total		16,873
Accumulated Depreciation		(839)
Net Book Value		$ 16,034
Year Acquired		2,015
Managed Properties | Chateau at Harveston | Temecula, CA | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 25,275
Initial Cost to the Company
Land		1,564
Buildings and Improvements		27,532
Furniture, Fixtures and Equipment		838
Costs Capitalized Subsequent to Acquisition		87
Gross Amount Carried at Close of Period
Land		1,564
Buildings and Improvements		27,578
Furniture, Fixtures and Equipment		879
Total		30,021
Accumulated Depreciation		(1,553)
Net Book Value		$ 28,468
Year Acquired		2,015
Managed Properties | Chateau at Harveston | Temecula, CA | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Chateau at Harveston | Temecula, CA | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Golden Oaks | Yucaipa, CA | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 22,735
Initial Cost to the Company
Land		772
Buildings and Improvements		24,989
Furniture, Fixtures and Equipment		867
Costs Capitalized Subsequent to Acquisition		146
Gross Amount Carried at Close of Period
Land		772
Buildings and Improvements		25,036
Furniture, Fixtures and Equipment		966
Total		26,774
Accumulated Depreciation		(1,519)
Net Book Value		$ 25,255
Year Acquired		2,015
Managed Properties | Golden Oaks | Yucaipa, CA | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Golden Oaks | Yucaipa, CA | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Orchard Park | Clovis, CA | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 16,331
Initial Cost to the Company
Land		1,126
Buildings and Improvements		16,889
Furniture, Fixtures and Equipment		45
Costs Capitalized Subsequent to Acquisition		607
Gross Amount Carried at Close of Period
Land		1,126
Buildings and Improvements		17,273
Furniture, Fixtures and Equipment		268
Total		18,667
Accumulated Depreciation		(2,237)
Net Book Value		$ 16,430
Year Acquired		2,012
Managed Properties | Orchard Park | Clovis, CA | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Orchard Park | Clovis, CA | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Rancho Village | Palmdale, CA | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 18,660
Initial Cost to the Company
Land		323
Buildings and Improvements		22,341
Furniture, Fixtures and Equipment		882
Costs Capitalized Subsequent to Acquisition		283
Gross Amount Carried at Close of Period
Land		323
Buildings and Improvements		22,382
Furniture, Fixtures and Equipment		1,124
Total		23,829
Accumulated Depreciation		(1,410)
Net Book Value		$ 22,419
Year Acquired		2,015
Managed Properties | Rancho Village | Palmdale, CA | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Rancho Village | Palmdale, CA | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Sunshine Villa | Santa Cruz, CA | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 21,145
Initial Cost to the Company
Land		2,243
Buildings and Improvements		21,082
Furniture, Fixtures and Equipment		58
Costs Capitalized Subsequent to Acquisition		590
Gross Amount Carried at Close of Period
Land		2,243
Buildings and Improvements		21,413
Furniture, Fixtures and Equipment		317
Total		23,973
Accumulated Depreciation		(2,800)
Net Book Value		$ 21,173
Year Acquired		2,012
Managed Properties | Sunshine Villa | Santa Cruz, CA | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Sunshine Villa | Santa Cruz, CA | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | The Remington | Hanford, CA | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 13,628
Initial Cost to the Company
Land		1,300
Buildings and Improvements		16,003
Furniture, Fixtures and Equipment		825
Costs Capitalized Subsequent to Acquisition		351
Gross Amount Carried at Close of Period
Land		1,300
Buildings and Improvements		16,099
Furniture, Fixtures and Equipment		1,080
Total		18,479
Accumulated Depreciation		(880)
Net Book Value		$ 17,599
Year Acquired		2,015
Managed Properties | The Remington | Hanford, CA | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | The Remington | Hanford, CA | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | The Springs of Escondido | Escondido, CA | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 15,375
Initial Cost to the Company
Land		670
Buildings and Improvements		14,392
Furniture, Fixtures and Equipment		721
Costs Capitalized Subsequent to Acquisition		622
Gross Amount Carried at Close of Period
Land		670
Buildings and Improvements		14,678
Furniture, Fixtures and Equipment		1,057
Total		16,405
Accumulated Depreciation		(807)
Net Book Value		$ 15,598
Year Acquired		2,015
Managed Properties | The Springs of Escondido | Escondido, CA | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | The Springs of Escondido | Escondido, CA | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | The Springs of Napa | Napa, CA | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 15,408
Initial Cost to the Company
Land		2,419
Buildings and Improvements		11,978
Furniture, Fixtures and Equipment		700
Costs Capitalized Subsequent to Acquisition		158
Gross Amount Carried at Close of Period
Land		2,419
Buildings and Improvements		11,999
Furniture, Fixtures and Equipment		837
Total		15,255
Accumulated Depreciation		(748)
Net Book Value		$ 14,507
Year Acquired		2,015
Managed Properties | The Springs of Napa | Napa, CA | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | The Springs of Napa | Napa, CA | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Quincy Place | Denver, CO | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 16,435
Initial Cost to the Company
Land		1,179
Buildings and Improvements		18,200
Furniture, Fixtures and Equipment		825
Costs Capitalized Subsequent to Acquisition		(199)
Gross Amount Carried at Close of Period
Land		1,179
Buildings and Improvements		18,277
Furniture, Fixtures and Equipment		549
Total		20,005
Accumulated Depreciation		(939)
Net Book Value		$ 19,066
Year Acquired		2,015
Managed Properties | Quincy Place | Denver, CO | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Quincy Place | Denver, CO | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Augustine Landing | Jacksonville, FL | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 19,076
Initial Cost to the Company
Land		680
Buildings and Improvements		19,635
Furniture, Fixtures and Equipment		770
Costs Capitalized Subsequent to Acquisition		115
Gross Amount Carried at Close of Period
Land		680
Buildings and Improvements		19,666
Furniture, Fixtures and Equipment		854
Total		21,200
Accumulated Depreciation		(962)
Net Book Value		$ 20,238
Year Acquired		2,015
Managed Properties | Augustine Landing | Jacksonville, FL | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Augustine Landing | Jacksonville, FL | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Balmoral | Lake Placid, FL | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 2,415
Initial Cost to the Company
Land		1,173
Buildings and Improvements		4,548
Furniture, Fixtures and Equipment		838
Costs Capitalized Subsequent to Acquisition		311
Gross Amount Carried at Close of Period
Land		1,173
Buildings and Improvements		4,619
Furniture, Fixtures and Equipment		1,078
Total		6,870
Accumulated Depreciation		(1,178)
Net Book Value		$ 5,692
Year Acquired		2,013
Managed Properties | Balmoral | Lake Placid, FL | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Balmoral | Lake Placid, FL | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Barkley Place | Fort Myers, FL | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 11,395
Initial Cost to the Company
Land		1,929
Buildings and Improvements		9,158
Furniture, Fixtures and Equipment		1,040
Costs Capitalized Subsequent to Acquisition		782
Gross Amount Carried at Close of Period
Land		1,929
Buildings and Improvements		9,632
Furniture, Fixtures and Equipment		1,348
Total		12,909
Accumulated Depreciation		(1,557)
Net Book Value		$ 11,352
Year Acquired		2,013
Managed Properties | Barkley Place | Fort Myers, FL | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Barkley Place | Fort Myers, FL | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Bayside Terrace | Pinellas Park, FL | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 7,740
Initial Cost to the Company
Land		1,407
Buildings and Improvements		9,481
Furniture, Fixtures and Equipment		848
Costs Capitalized Subsequent to Acquisition		1,134
Gross Amount Carried at Close of Period
Land		1,407
Buildings and Improvements		9,952
Furniture, Fixtures and Equipment		1,511
Total		12,870
Accumulated Depreciation		(1,859)
Net Book Value		$ 11,011
Year Acquired		2,013
Managed Properties | Bayside Terrace | Pinellas Park, FL | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Bayside Terrace | Pinellas Park, FL | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Bradenton Oaks | Bradenton, FL | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 5,250
Initial Cost to the Company
Land		1,161
Buildings and Improvements		9,207
Furniture, Fixtures and Equipment		748
Costs Capitalized Subsequent to Acquisition		941
Gross Amount Carried at Close of Period
Land		1,161
Buildings and Improvements		9,768
Furniture, Fixtures and Equipment		1,128
Total		12,057
Accumulated Depreciation		(1,654)
Net Book Value		$ 10,403
Year Acquired		2,013
Managed Properties | Bradenton Oaks | Bradenton, FL | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Bradenton Oaks | Bradenton, FL | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Forest Oaks | Spring Hill, FL | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 7,107
Initial Cost to the Company
Land		787
Buildings and Improvements		5,614
Furniture, Fixtures and Equipment		529
Costs Capitalized Subsequent to Acquisition		263
Gross Amount Carried at Close of Period
Land		787
Buildings and Improvements		5,673
Furniture, Fixtures and Equipment		733
Total		7,193
Accumulated Depreciation		(1,010)
Net Book Value		$ 6,183
Year Acquired		2,013
Managed Properties | Forest Oaks | Spring Hill, FL | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Forest Oaks | Spring Hill, FL | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Grace Manor | Port Orange, FL | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 4,146
Initial Cost to the Company
Land		950
Buildings and Improvements		4,482
Furniture, Fixtures and Equipment		135
Costs Capitalized Subsequent to Acquisition		81
Gross Amount Carried at Close of Period
Land		950
Buildings and Improvements		4,511
Furniture, Fixtures and Equipment		187
Total		5,648
Accumulated Depreciation		(276)
Net Book Value		$ 5,372
Year Acquired		2,015
Managed Properties | Grace Manor | Port Orange, FL | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Grace Manor | Port Orange, FL | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Lake Morton Plaza | Lakeland, FL | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 8,605
Initial Cost to the Company
Land		1,098
Buildings and Improvements		14,707
Furniture, Fixtures and Equipment		918
Costs Capitalized Subsequent to Acquisition		562
Gross Amount Carried at Close of Period
Land		1,098
Buildings and Improvements		14,884
Furniture, Fixtures and Equipment		1,303
Total		17,285
Accumulated Depreciation		(2,132)
Net Book Value		$ 15,153
Year Acquired		2,013
Managed Properties | Lake Morton Plaza | Lakeland, FL | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Lake Morton Plaza | Lakeland, FL | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Marion Woods | Ocala, FL | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 19,936
Initial Cost to the Company
Land		540
Buildings and Improvements		20,048
Furniture, Fixtures and Equipment		882
Costs Capitalized Subsequent to Acquisition		266
Gross Amount Carried at Close of Period
Land		540
Buildings and Improvements		20,126
Furniture, Fixtures and Equipment		1,070
Total		21,736
Accumulated Depreciation		(1,099)
Net Book Value		$ 20,637
Year Acquired		2,015
Managed Properties | Marion Woods | Ocala, FL | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Marion Woods | Ocala, FL | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Renaissance | Sanford, FL | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 5,260
Initial Cost to the Company
Land		1,390
Buildings and Improvements		8,901
Furniture, Fixtures and Equipment		629
Costs Capitalized Subsequent to Acquisition		886
Gross Amount Carried at Close of Period
Land		1,390
Buildings and Improvements		9,405
Furniture, Fixtures and Equipment		1,011
Total		11,806
Accumulated Depreciation		(1,506)
Net Book Value		$ 10,300
Year Acquired		2,013
Managed Properties | Renaissance | Sanford, FL | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Renaissance | Sanford, FL | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Royal Palm | Port Charlotte, FL | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 14,350
Initial Cost to the Company
Land		2,019
Buildings and Improvements		13,696
Furniture, Fixtures and Equipment		1,370
Costs Capitalized Subsequent to Acquisition		1,332
Gross Amount Carried at Close of Period
Land		2,019
Buildings and Improvements		14,321
Furniture, Fixtures and Equipment		2,077
Total		18,417
Accumulated Depreciation		(2,529)
Net Book Value		$ 15,888
Year Acquired		2,013
Managed Properties | Royal Palm | Port Charlotte, FL | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Royal Palm | Port Charlotte, FL | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Spring Haven | Winter Haven, FL | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 18,199
Initial Cost to the Company
Land		3,446
Buildings and Improvements		21,523
Furniture, Fixtures and Equipment		1,477
Costs Capitalized Subsequent to Acquisition		1,829
Gross Amount Carried at Close of Period
Land		3,446
Buildings and Improvements		22,780
Furniture, Fixtures and Equipment		2,049
Total		28,275
Accumulated Depreciation		(3,397)
Net Book Value		$ 24,878
Year Acquired		2,013
Managed Properties | Spring Haven | Winter Haven, FL | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Spring Haven | Winter Haven, FL | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Spring Oaks | Brooksville, FL | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 5,625
Initial Cost to the Company
Land		700
Buildings and Improvements		5,077
Furniture, Fixtures and Equipment		439
Costs Capitalized Subsequent to Acquisition		290
Gross Amount Carried at Close of Period
Land		700
Buildings and Improvements		5,140
Furniture, Fixtures and Equipment		666
Total		6,506
Accumulated Depreciation		(927)
Net Book Value		$ 5,579
Year Acquired		2,013
Managed Properties | Spring Oaks | Brooksville, FL | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Spring Oaks | Brooksville, FL | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Sterling Court | Deltona, FL | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 9,365
Initial Cost to the Company
Land		1,095
Buildings and Improvements		13,960
Furniture, Fixtures and Equipment		954
Costs Capitalized Subsequent to Acquisition		171
Gross Amount Carried at Close of Period
Land		1,095
Buildings and Improvements		14,055
Furniture, Fixtures and Equipment		1,030
Total		16,180
Accumulated Depreciation		(1,078)
Net Book Value		$ 15,102
Year Acquired		2,015
Managed Properties | Sterling Court | Deltona, FL | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Sterling Court | Deltona, FL | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Summerfield | Bradenton, FL | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 12,435
Initial Cost to the Company
Land		1,367
Buildings and Improvements		14,361
Furniture, Fixtures and Equipment		1,247
Costs Capitalized Subsequent to Acquisition		1,222
Gross Amount Carried at Close of Period
Land		1,367
Buildings and Improvements		14,596
Furniture, Fixtures and Equipment		2,234
Total		18,197
Accumulated Depreciation		(2,598)
Net Book Value		$ 15,599
Year Acquired		2,013
Managed Properties | Summerfield | Bradenton, FL | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Summerfield | Bradenton, FL | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Sunset Lake Village | Venice, FL | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 10,055
Initial Cost to the Company
Land		1,073
Buildings and Improvements		13,254
Furniture, Fixtures and Equipment		838
Costs Capitalized Subsequent to Acquisition		419
Gross Amount Carried at Close of Period
Land		1,073
Buildings and Improvements		13,343
Furniture, Fixtures and Equipment		1,168
Total		15,584
Accumulated Depreciation		(1,961)
Net Book Value		$ 13,623
Year Acquired		2,013
Managed Properties | Sunset Lake Village | Venice, FL | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Sunset Lake Village | Venice, FL | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | The Grande | Brooksville, FL | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 7,410
Initial Cost to the Company
Land		1,754
Buildings and Improvements		8,536
Furniture, Fixtures and Equipment		569
Costs Capitalized Subsequent to Acquisition		884
Gross Amount Carried at Close of Period
Land		1,754
Buildings and Improvements		9,050
Furniture, Fixtures and Equipment		939
Total		11,743
Accumulated Depreciation		(1,405)
Net Book Value		$ 10,338
Year Acquired		2,013
Managed Properties | The Grande | Brooksville, FL | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | The Grande | Brooksville, FL | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | University Pines | Pensacola, FL | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 21,057
Initial Cost to the Company
Land		1,080
Buildings and Improvements		19,150
Furniture, Fixtures and Equipment		777
Costs Capitalized Subsequent to Acquisition		137
Gross Amount Carried at Close of Period
Land		1,080
Buildings and Improvements		19,238
Furniture, Fixtures and Equipment		826
Total		21,144
Accumulated Depreciation		(935)
Net Book Value		$ 20,209
Year Acquired		2,015
Managed Properties | University Pines | Pensacola, FL | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | University Pines | Pensacola, FL | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Venetian Gardens | Venice, FL | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 16,565
Initial Cost to the Company
Land		865
Buildings and Improvements		21,173
Furniture, Fixtures and Equipment		860
Costs Capitalized Subsequent to Acquisition		284
Gross Amount Carried at Close of Period
Land		865
Buildings and Improvements		21,241
Furniture, Fixtures and Equipment		1,076
Total		23,182
Accumulated Depreciation		(1,386)
Net Book Value		$ 21,796
Year Acquired		2,015
Managed Properties | Venetian Gardens | Venice, FL | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Venetian Gardens | Venice, FL | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Village Place | Port Charles, FL | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 8,365
Initial Cost to the Company
Land		1,064
Buildings and Improvements		8,503
Furniture, Fixtures and Equipment		679
Costs Capitalized Subsequent to Acquisition		589
Gross Amount Carried at Close of Period
Land		1,064
Buildings and Improvements		8,593
Furniture, Fixtures and Equipment		1,178
Total		10,835
Accumulated Depreciation		(1,482)
Net Book Value		$ 9,353
Year Acquired		2,013
Managed Properties | Village Place | Port Charles, FL | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Village Place | Port Charles, FL | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Windward Palms | Boynton Beach, FL | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 16,805
Initial Cost to the Company
Land		1,564
Buildings and Improvements		20,097
Furniture, Fixtures and Equipment		867
Costs Capitalized Subsequent to Acquisition		318
Gross Amount Carried at Close of Period
Land		1,564
Buildings and Improvements		20,308
Furniture, Fixtures and Equipment		974
Total		22,846
Accumulated Depreciation		(1,363)
Net Book Value		$ 21,483
Year Acquired		2,015
Managed Properties | Windward Palms | Boynton Beach, FL | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Windward Palms | Boynton Beach, FL | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Ivy Springs Manor | Buford, GA | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 13,704
Initial Cost to the Company
Land		1,230
Buildings and Improvements		13,067
Furniture, Fixtures and Equipment		270
Costs Capitalized Subsequent to Acquisition		144
Gross Amount Carried at Close of Period
Land		1,230
Buildings and Improvements		13,131
Furniture, Fixtures and Equipment		350
Total		14,711
Accumulated Depreciation		(721)
Net Book Value		$ 13,990
Year Acquired		2,015
Managed Properties | Ivy Springs Manor | Buford, GA | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Ivy Springs Manor | Buford, GA | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Pinegate | Macon, GA | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 12,902
Initial Cost to the Company
Land		540
Buildings and Improvements		12,290
Furniture, Fixtures and Equipment		811
Costs Capitalized Subsequent to Acquisition		167
Gross Amount Carried at Close of Period
Land		540
Buildings and Improvements		12,346
Furniture, Fixtures and Equipment		922
Total		13,808
Accumulated Depreciation		(734)
Net Book Value		$ 13,074
Year Acquired		2,015
Managed Properties | Pinegate | Macon, GA | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Pinegate | Macon, GA | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Kalama Heights | Kihei, HI | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 22,896
Initial Cost to the Company
Land		3,360
Buildings and Improvements		27,212
Furniture, Fixtures and Equipment		846
Costs Capitalized Subsequent to Acquisition		219
Gross Amount Carried at Close of Period
Land		3,360
Buildings and Improvements		27,300
Furniture, Fixtures and Equipment		977
Total		31,637
Accumulated Depreciation		(1,339)
Net Book Value		$ 30,298
Year Acquired		2,015
Managed Properties | Kalama Heights | Kihei, HI | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Kalama Heights | Kihei, HI | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Willow Park | Boise, ID | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 13,621
Initial Cost to the Company
Land		1,456
Buildings and Improvements		13,548
Furniture, Fixtures and Equipment		58
Costs Capitalized Subsequent to Acquisition		468
Gross Amount Carried at Close of Period
Land		1,456
Buildings and Improvements		13,883
Furniture, Fixtures and Equipment		191
Total		15,530
Accumulated Depreciation		(1,891)
Net Book Value		$ 13,639
Year Acquired		2,012
Managed Properties | Willow Park | Boise, ID | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Willow Park | Boise, ID | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Grandview | Peoria, IL | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 11,500
Initial Cost to the Company
Land		1,606
Buildings and Improvements		12,015
Furniture, Fixtures and Equipment		280
Costs Capitalized Subsequent to Acquisition		83
Gross Amount Carried at Close of Period
Land		1,606
Buildings and Improvements		12,080
Furniture, Fixtures and Equipment		298
Total		13,984
Accumulated Depreciation		(819)
Net Book Value		$ 13,165
Year Acquired		2,014
Managed Properties | Grandview | Peoria, IL | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Grandview | Peoria, IL | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Redbud Hills | Bloomington, IN | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 16,500
Initial Cost to the Company
Land		2,140
Buildings and Improvements		17,839
Furniture, Fixtures and Equipment		797
Costs Capitalized Subsequent to Acquisition		170
Gross Amount Carried at Close of Period
Land		2,140
Buildings and Improvements		17,919
Furniture, Fixtures and Equipment		887
Total		20,946
Accumulated Depreciation		(927)
Net Book Value		$ 20,019
Year Acquired		2,015
Managed Properties | Redbud Hills | Bloomington, IN | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Redbud Hills | Bloomington, IN | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Greenwood Terrace | Lenexa, KS | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 19,643
Initial Cost to the Company
Land		950
Buildings and Improvements		21,883
Furniture, Fixtures and Equipment		811
Costs Capitalized Subsequent to Acquisition		821
Gross Amount Carried at Close of Period
Land		950
Buildings and Improvements		21,982
Furniture, Fixtures and Equipment		1,533
Total		24,465
Accumulated Depreciation		(1,140)
Net Book Value		$ 23,325
Year Acquired		2,015
Managed Properties | Greenwood Terrace | Lenexa, KS | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Greenwood Terrace | Lenexa, KS | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Waterview Court | Shreveport, LA | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 6,530
Initial Cost to the Company
Land		1,267
Buildings and Improvements		4,070
Furniture, Fixtures and Equipment		376
Costs Capitalized Subsequent to Acquisition		637
Gross Amount Carried at Close of Period
Land		1,267
Buildings and Improvements		4,519
Furniture, Fixtures and Equipment		564
Total		6,350
Accumulated Depreciation		(553)
Net Book Value		$ 5,797
Year Acquired		2,015
Managed Properties | Waterview Court | Shreveport, LA | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Waterview Court | Shreveport, LA | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Bluebird Estates | East Longmeadow, MA | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 22,085
Initial Cost to the Company
Land		5,745
Buildings and Improvements		24,591
Furniture, Fixtures and Equipment		954
Costs Capitalized Subsequent to Acquisition		97
Gross Amount Carried at Close of Period
Land		5,745
Buildings and Improvements		24,626
Furniture, Fixtures and Equipment		1,016
Total		31,387
Accumulated Depreciation		(1,662)
Net Book Value		$ 29,725
Year Acquired		2,015
Managed Properties | Bluebird Estates | East Longmeadow, MA | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Bluebird Estates | East Longmeadow, MA | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Quail Run Estates | Agawam, MA | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 18,799
Initial Cost to the Company
Land		1,410
Buildings and Improvements		21,330
Furniture, Fixtures and Equipment		853
Costs Capitalized Subsequent to Acquisition		352
Gross Amount Carried at Close of Period
Land		1,410
Buildings and Improvements		21,378
Furniture, Fixtures and Equipment		1,157
Total		23,945
Accumulated Depreciation		(1,212)
Net Book Value		$ 22,733
Year Acquired		2,015
Managed Properties | Quail Run Estates | Agawam, MA | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Quail Run Estates | Agawam, MA | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Ashford Court | Westland, MI | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 9,360
Initial Cost to the Company
Land		1,500
Buildings and Improvements		9,000
Furniture, Fixtures and Equipment		450
Costs Capitalized Subsequent to Acquisition		568
Gross Amount Carried at Close of Period
Land		1,500
Buildings and Improvements		9,387
Furniture, Fixtures and Equipment		631
Total		11,518
Accumulated Depreciation		(1,154)
Net Book Value		$ 10,364
Year Acquired		2,014
Managed Properties | Ashford Court | Westland, MI | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Ashford Court | Westland, MI | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Genesee Gardens | Flint Township, MI | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 15,900
Initial Cost to the Company
Land		420
Buildings and Improvements		17,080
Furniture, Fixtures and Equipment		825
Costs Capitalized Subsequent to Acquisition		349
Gross Amount Carried at Close of Period
Land		420
Buildings and Improvements		17,318
Furniture, Fixtures and Equipment		936
Total		18,674
Accumulated Depreciation		(890)
Net Book Value		$ 17,784
Year Acquired		2,015
Managed Properties | Genesee Gardens | Flint Township, MI | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Genesee Gardens | Flint Township, MI | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Sterling Place | Southfield, MI | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 3,920
Initial Cost to the Company
Land		463
Buildings and Improvements		2,707
Furniture, Fixtures and Equipment		251
Costs Capitalized Subsequent to Acquisition		495
Gross Amount Carried at Close of Period
Land		463
Buildings and Improvements		2,866
Furniture, Fixtures and Equipment		587
Total		3,916
Accumulated Depreciation		(395)
Net Book Value		$ 3,521
Year Acquired		2,015
Managed Properties | Sterling Place | Southfield, MI | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Sterling Place | Southfield, MI | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | The Gardens | Ocean Springs, MS | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 6,185
Initial Cost to the Company
Land		850
Buildings and Improvements		7,034
Furniture, Fixtures and Equipment		460
Costs Capitalized Subsequent to Acquisition		365
Gross Amount Carried at Close of Period
Land		850
Buildings and Improvements		7,231
Furniture, Fixtures and Equipment		628
Total		8,709
Accumulated Depreciation		(768)
Net Book Value		$ 7,941
Year Acquired		2,014
Managed Properties | The Gardens | Ocean Springs, MS | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | The Gardens | Ocean Springs, MS | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Aspen View | Billings, MT | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 14,110
Initial Cost to the Company
Land		930
Buildings and Improvements		22,611
Furniture, Fixtures and Equipment		881
Costs Capitalized Subsequent to Acquisition		(289)
Gross Amount Carried at Close of Period
Land		930
Buildings and Improvements		22,702
Furniture, Fixtures and Equipment		501
Total		24,133
Accumulated Depreciation		(1,143)
Net Book Value		$ 22,990
Year Acquired		2,015
Managed Properties | Aspen View | Billings, MT | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Aspen View | Billings, MT | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Cedar Ridge | Burlington, NC | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 15,637
Initial Cost to the Company
Land		1,030
Buildings and Improvements		20,330
Furniture, Fixtures and Equipment		832
Costs Capitalized Subsequent to Acquisition		129
Gross Amount Carried at Close of Period
Land		1,030
Buildings and Improvements		20,364
Furniture, Fixtures and Equipment		927
Total		22,321
Accumulated Depreciation		(986)
Net Book Value		$ 21,335
Year Acquired		2,015
Managed Properties | Cedar Ridge | Burlington, NC | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Cedar Ridge | Burlington, NC | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Courtyards at Berne Village | New Bern, NC | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 19,970
Initial Cost to the Company
Land		1,657
Buildings and Improvements		12,893
Furniture, Fixtures and Equipment		1,148
Costs Capitalized Subsequent to Acquisition		750
Gross Amount Carried at Close of Period
Land		1,657
Buildings and Improvements		13,170
Furniture, Fixtures and Equipment		1,621
Total		16,448
Accumulated Depreciation		(2,281)
Net Book Value		$ 14,167
Year Acquired		2,013
Managed Properties | Courtyards at Berne Village | New Bern, NC | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Courtyards at Berne Village | New Bern, NC | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Crescent Heights | Concord, NC | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 21,285
Initial Cost to the Company
Land		1,960
Buildings and Improvements		21,290
Furniture, Fixtures and Equipment		867
Costs Capitalized Subsequent to Acquisition		168
Gross Amount Carried at Close of Period
Land		1,960
Buildings and Improvements		21,345
Furniture, Fixtures and Equipment		980
Total		24,285
Accumulated Depreciation		(1,424)
Net Book Value		$ 22,861
Year Acquired		2,015
Managed Properties | Crescent Heights | Concord, NC | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Crescent Heights | Concord, NC | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Forsyth Court | Winston Salem, NC | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 13,440
Initial Cost to the Company
Land		1,428
Buildings and Improvements		13,286
Furniture, Fixtures and Equipment		499
Costs Capitalized Subsequent to Acquisition		569
Gross Amount Carried at Close of Period
Land		1,428
Buildings and Improvements		13,628
Furniture, Fixtures and Equipment		726
Total		15,782
Accumulated Depreciation		(982)
Net Book Value		$ 14,800
Year Acquired		2,015
Managed Properties | Forsyth Court | Winston Salem, NC | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Forsyth Court | Winston Salem, NC | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Lodge at Wake Forest | Wake Forrest, NC | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 22,820
Initial Cost to the Company
Land		1,209
Buildings and Improvements		22,571
Furniture, Fixtures and Equipment		867
Costs Capitalized Subsequent to Acquisition		213
Gross Amount Carried at Close of Period
Land		1,209
Buildings and Improvements		22,631
Furniture, Fixtures and Equipment		1,020
Total		24,860
Accumulated Depreciation		(1,421)
Net Book Value		$ 23,439
Year Acquired		2,015
Managed Properties | Lodge at Wake Forest | Wake Forrest, NC | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Lodge at Wake Forest | Wake Forrest, NC | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Shads Landing | Charlotte, NC | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 22,005
Initial Cost to the Company
Land		1,939
Buildings and Improvements		21,988
Furniture, Fixtures and Equipment		846
Costs Capitalized Subsequent to Acquisition		105
Gross Amount Carried at Close of Period
Land		1,939
Buildings and Improvements		22,028
Furniture, Fixtures and Equipment		911
Total		24,878
Accumulated Depreciation		(1,495)
Net Book Value		$ 23,383
Year Acquired		2,015
Managed Properties | Shads Landing | Charlotte, NC | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Shads Landing | Charlotte, NC | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Woods at Holly Tree | Wilmington, NC | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 27,382
Initial Cost to the Company
Land		3,310
Buildings and Improvements		24,934
Furniture, Fixtures and Equipment		811
Costs Capitalized Subsequent to Acquisition		192
Gross Amount Carried at Close of Period
Land		3,310
Buildings and Improvements		24,987
Furniture, Fixtures and Equipment		950
Total		29,247
Accumulated Depreciation		(1,229)
Net Book Value		$ 28,018
Year Acquired		2,015
Managed Properties | Woods at Holly Tree | Wilmington, NC | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Woods at Holly Tree | Wilmington, NC | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Rolling Hills Ranch | Omaha, NE | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 14,475
Initial Cost to the Company
Land		1,022
Buildings and Improvements		16,251
Furniture, Fixtures and Equipment		846
Costs Capitalized Subsequent to Acquisition		12
Gross Amount Carried at Close of Period
Land		1,022
Buildings and Improvements		16,327
Furniture, Fixtures and Equipment		782
Total		18,131
Accumulated Depreciation		(1,149)
Net Book Value		$ 16,982
Year Acquired		2,015
Managed Properties | Rolling Hills Ranch | Omaha, NE | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Rolling Hills Ranch | Omaha, NE | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Kirkwood Corners | Lee, NH | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 2,490
Initial Cost to the Company
Land		578
Buildings and Improvements		1,847
Furniture, Fixtures and Equipment		124
Costs Capitalized Subsequent to Acquisition		215
Gross Amount Carried at Close of Period
Land		578
Buildings and Improvements		1,944
Furniture, Fixtures and Equipment		242
Total		2,764
Accumulated Depreciation		(298)
Net Book Value		$ 2,466
Year Acquired		2,014
Managed Properties | Kirkwood Corners | Lee, NH | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Kirkwood Corners | Lee, NH | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Maple Suites | Dover, NH | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 25,205
Initial Cost to the Company
Land		1,084
Buildings and Improvements		30,943
Furniture, Fixtures and Equipment		838
Costs Capitalized Subsequent to Acquisition		168
Gross Amount Carried at Close of Period
Land		1,084
Buildings and Improvements		31,011
Furniture, Fixtures and Equipment		938
Total		33,033
Accumulated Depreciation		(1,967)
Net Book Value		$ 31,066
Year Acquired		2,015
Managed Properties | Maple Suites | Dover, NH | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Maple Suites | Dover, NH | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Pine Rock Manor | Warner, NH | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 8,175
Initial Cost to the Company
Land		780
Buildings and Improvements		8,580
Furniture, Fixtures and Equipment		378
Costs Capitalized Subsequent to Acquisition		317
Gross Amount Carried at Close of Period
Land		780
Buildings and Improvements		8,761
Furniture, Fixtures and Equipment		514
Total		10,055
Accumulated Depreciation		(1,061)
Net Book Value		$ 8,994
Year Acquired		2,014
Managed Properties | Pine Rock Manor | Warner, NH | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Pine Rock Manor | Warner, NH | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Pines of New Market | Newmarket, NH | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 5,950
Initial Cost to the Company
Land		629
Buildings and Improvements		4,879
Furniture, Fixtures and Equipment		353
Costs Capitalized Subsequent to Acquisition		217
Gross Amount Carried at Close of Period
Land		629
Buildings and Improvements		4,997
Furniture, Fixtures and Equipment		452
Total		6,078
Accumulated Depreciation		(607)
Net Book Value		$ 5,471
Year Acquired		2,014
Managed Properties | Pines of New Market | Newmarket, NH | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Pines of New Market | Newmarket, NH | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Montara Meadows | Las Vegas, NV | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 11,670
Initial Cost to the Company
Land		1,840
Buildings and Improvements		11,654
Furniture, Fixtures and Equipment		1,206
Costs Capitalized Subsequent to Acquisition		986
Gross Amount Carried at Close of Period
Land		1,840
Buildings and Improvements		11,935
Furniture, Fixtures and Equipment		1,911
Total		15,686
Accumulated Depreciation		(953)
Net Book Value		$ 14,733
Year Acquired		2,015
Managed Properties | Montara Meadows | Las Vegas, NV | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Montara Meadows | Las Vegas, NV | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Manor at Woodside | Poughkeepsie, NY | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 17,365
Initial Cost to the Company
Land		0
Buildings and Improvements		12,130
Furniture, Fixtures and Equipment		670
Costs Capitalized Subsequent to Acquisition		689
Gross Amount Carried at Close of Period
Land		0
Buildings and Improvements		12,610
Furniture, Fixtures and Equipment		879
Total		13,489
Accumulated Depreciation		(1,838)
Net Book Value		$ 11,651
Year Acquired		2,013
Managed Properties | Manor at Woodside | Poughkeepsie, NY | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Manor at Woodside | Poughkeepsie, NY | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Alexis Gardens | Toledo, OH | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 17,384
Initial Cost to the Company
Land		450
Buildings and Improvements		18,412
Furniture, Fixtures and Equipment		811
Costs Capitalized Subsequent to Acquisition		210
Gross Amount Carried at Close of Period
Land		450
Buildings and Improvements		18,474
Furniture, Fixtures and Equipment		959
Total		19,883
Accumulated Depreciation		(959)
Net Book Value		$ 18,924
Year Acquired		2,015
Managed Properties | Alexis Gardens | Toledo, OH | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Alexis Gardens | Toledo, OH | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Copley Place | Copley, OH | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 15,500
Initial Cost to the Company
Land		553
Buildings and Improvements		19,125
Furniture, Fixtures and Equipment		867
Costs Capitalized Subsequent to Acquisition		128
Gross Amount Carried at Close of Period
Land		553
Buildings and Improvements		19,193
Furniture, Fixtures and Equipment		927
Total		20,673
Accumulated Depreciation		(1,265)
Net Book Value		$ 19,408
Year Acquired		2,015
Managed Properties | Copley Place | Copley, OH | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Copley Place | Copley, OH | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Laurelwood | Dayton, OH | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 6,900
Initial Cost to the Company
Land		1,056
Buildings and Improvements		7,755
Furniture, Fixtures and Equipment		750
Costs Capitalized Subsequent to Acquisition		571
Gross Amount Carried at Close of Period
Land		1,056
Buildings and Improvements		7,912
Furniture, Fixtures and Equipment		1,164
Total		10,132
Accumulated Depreciation		(1,295)
Net Book Value		$ 8,837
Year Acquired		2,014
Managed Properties | Laurelwood | Dayton, OH | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Laurelwood | Dayton, OH | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Lionwood | Oklahoma City, OK | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 4,580
Initial Cost to the Company
Land		744
Buildings and Improvements		5,180
Furniture, Fixtures and Equipment		383
Costs Capitalized Subsequent to Acquisition		296
Gross Amount Carried at Close of Period
Land		744
Buildings and Improvements		5,348
Furniture, Fixtures and Equipment		511
Total		6,603
Accumulated Depreciation		(491)
Net Book Value		$ 6,112
Year Acquired		2,015
Managed Properties | Lionwood | Oklahoma City, OK | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Lionwood | Oklahoma City, OK | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Parkrose Chateau | Portland, OR | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 12,569
Initial Cost to the Company
Land		2,740
Buildings and Improvements		17,472
Furniture, Fixtures and Equipment		749
Costs Capitalized Subsequent to Acquisition		246
Gross Amount Carried at Close of Period
Land		2,740
Buildings and Improvements		17,584
Furniture, Fixtures and Equipment		883
Total		21,207
Accumulated Depreciation		(915)
Net Book Value		$ 20,292
Year Acquired		2,015
Managed Properties | Parkrose Chateau | Portland, OR | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Parkrose Chateau | Portland, OR | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Sheldon Park | Eugene, OR | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 19,607
Initial Cost to the Company
Land		929
Buildings and Improvements		20,662
Furniture, Fixtures and Equipment		91
Costs Capitalized Subsequent to Acquisition		530
Gross Amount Carried at Close of Period
Land		929
Buildings and Improvements		21,078
Furniture, Fixtures and Equipment		205
Total		22,212
Accumulated Depreciation		(2,704)
Net Book Value		$ 19,508
Year Acquired		2,012
Managed Properties | Sheldon Park | Eugene, OR | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Sheldon Park | Eugene, OR | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Stone Lodge | Bend, OR | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 19,675
Initial Cost to the Company
Land		1,200
Buildings and Improvements		25,753
Furniture, Fixtures and Equipment		790
Costs Capitalized Subsequent to Acquisition		134
Gross Amount Carried at Close of Period
Land		1,200
Buildings and Improvements		25,797
Furniture, Fixtures and Equipment		880
Total		27,877
Accumulated Depreciation		(1,176)
Net Book Value		$ 26,701
Year Acquired		2,015
Managed Properties | Stone Lodge | Bend, OR | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Stone Lodge | Bend, OR | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Glen Riddle | Media, PA | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 20,000
Initial Cost to the Company
Land		1,932
Buildings and Improvements		16,169
Furniture, Fixtures and Equipment		870
Costs Capitalized Subsequent to Acquisition		656
Gross Amount Carried at Close of Period
Land		1,932
Buildings and Improvements		16,517
Furniture, Fixtures and Equipment		1,178
Total		19,627
Accumulated Depreciation		(2,265)
Net Book Value		$ 17,362
Year Acquired		2,013
Managed Properties | Glen Riddle | Media, PA | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Glen Riddle | Media, PA | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Niagara Village | Erie, PA | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 12,845
Initial Cost to the Company
Land		750
Buildings and Improvements		16,544
Furniture, Fixtures and Equipment		790
Costs Capitalized Subsequent to Acquisition		229
Gross Amount Carried at Close of Period
Land		750
Buildings and Improvements		16,577
Furniture, Fixtures and Equipment		986
Total		18,313
Accumulated Depreciation		(885)
Net Book Value		$ 17,428
Year Acquired		2,015
Managed Properties | Niagara Village | Erie, PA | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Niagara Village | Erie, PA | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Schenley Gardens | Pittsburgh, PA | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 6,500
Initial Cost to the Company
Land		3,227
Buildings and Improvements		11,521
Furniture, Fixtures and Equipment		410
Costs Capitalized Subsequent to Acquisition		945
Gross Amount Carried at Close of Period
Land		3,227
Buildings and Improvements		12,088
Furniture, Fixtures and Equipment		788
Total		16,103
Accumulated Depreciation		(1,662)
Net Book Value		$ 14,441
Year Acquired		2,013
Managed Properties | Schenley Gardens | Pittsburgh, PA | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Schenley Gardens | Pittsburgh, PA | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Indigo Pines | Hilton Head, NC | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 15,334
Initial Cost to the Company
Land		2,850
Buildings and Improvements		15,970
Furniture, Fixtures and Equipment		832
Costs Capitalized Subsequent to Acquisition		677
Gross Amount Carried at Close of Period
Land		2,850
Buildings and Improvements		16,036
Furniture, Fixtures and Equipment		1,443
Total		20,329
Accumulated Depreciation		(883)
Net Book Value		$ 19,446
Year Acquired		2,015
Managed Properties | Indigo Pines | Hilton Head, NC | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Indigo Pines | Hilton Head, NC | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Holiday Hills Estates | Rapid City, SD | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 12,063
Initial Cost to the Company
Land		430
Buildings and Improvements		22,209
Furniture, Fixtures and Equipment		790
Costs Capitalized Subsequent to Acquisition		148
Gross Amount Carried at Close of Period
Land		430
Buildings and Improvements		22,260
Furniture, Fixtures and Equipment		887
Total		23,577
Accumulated Depreciation		(1,037)
Net Book Value		$ 22,540
Year Acquired		2,015
Managed Properties | Holiday Hills Estates | Rapid City, SD | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Holiday Hills Estates | Rapid City, SD | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Echo Ridge | Knoxville, TN | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 20,910
Initial Cost to the Company
Land		1,522
Buildings and Improvements		21,469
Furniture, Fixtures and Equipment		770
Costs Capitalized Subsequent to Acquisition		97
Gross Amount Carried at Close of Period
Land		1,522
Buildings and Improvements		21,506
Furniture, Fixtures and Equipment		830
Total		23,858
Accumulated Depreciation		(1,072)
Net Book Value		$ 22,786
Year Acquired		2,015
Managed Properties | Echo Ridge | Knoxville, TN | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Echo Ridge | Knoxville, TN | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Maple Court | Powell, TN | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 3,720
Initial Cost to the Company
Land		761
Buildings and Improvements		6,482
Furniture, Fixtures and Equipment		305
Costs Capitalized Subsequent to Acquisition		88
Gross Amount Carried at Close of Period
Land		761
Buildings and Improvements		6,489
Furniture, Fixtures and Equipment		386
Total		7,636
Accumulated Depreciation		(595)
Net Book Value		$ 7,041
Year Acquired		2,014
Managed Properties | Maple Court | Powell, TN | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Maple Court | Powell, TN | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Raintree Terrace | Knoxville, TN | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 7,430
Initial Cost to the Company
Land		643
Buildings and Improvements		8,643
Furniture, Fixtures and Equipment		490
Costs Capitalized Subsequent to Acquisition		433
Gross Amount Carried at Close of Period
Land		643
Buildings and Improvements		8,764
Furniture, Fixtures and Equipment		802
Total		10,209
Accumulated Depreciation		(1,002)
Net Book Value		$ 9,207
Year Acquired		2,014
Managed Properties | Raintree Terrace | Knoxville, TN | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Raintree Terrace | Knoxville, TN | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Courtyards at River Park | Fort Worth, TX | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 20,775
Initial Cost to the Company
Land		2,140
Buildings and Improvements		16,671
Furniture, Fixtures and Equipment		672
Costs Capitalized Subsequent to Acquisition		1,120
Gross Amount Carried at Close of Period
Land		2,140
Buildings and Improvements		17,406
Furniture, Fixtures and Equipment		1,057
Total		20,603
Accumulated Depreciation		(2,859)
Net Book Value		$ 17,744
Year Acquired		2,012
Managed Properties | Courtyards at River Park | Fort Worth, TX | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Courtyards at River Park | Fort Worth, TX | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Cypress Woods | Kingwood, TX | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 17,800
Initial Cost to the Company
Land		1,376
Buildings and Improvements		19,815
Furniture, Fixtures and Equipment		860
Costs Capitalized Subsequent to Acquisition		139
Gross Amount Carried at Close of Period
Land		1,376
Buildings and Improvements		19,892
Furniture, Fixtures and Equipment		922
Total		22,190
Accumulated Depreciation		(1,316)
Net Book Value		$ 20,874
Year Acquired		2,015
Managed Properties | Cypress Woods | Kingwood, TX | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Cypress Woods | Kingwood, TX | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Legacy at Bear Creek | Keller, TX | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 11,375
Initial Cost to the Company
Land		1,770
Buildings and Improvements		11,468
Furniture, Fixtures and Equipment		810
Costs Capitalized Subsequent to Acquisition		98
Gross Amount Carried at Close of Period
Land		1,770
Buildings and Improvements		11,496
Furniture, Fixtures and Equipment		880
Total		14,146
Accumulated Depreciation		(597)
Net Book Value		$ 13,549
Year Acquired		2,015
Managed Properties | Legacy at Bear Creek | Keller, TX | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Legacy at Bear Creek | Keller, TX | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Legacy at Georgtown | Georgtown, TX | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 14,625
Initial Cost to the Company
Land		3,540
Buildings and Improvements		14,653
Furniture, Fixtures and Equipment		840
Costs Capitalized Subsequent to Acquisition		52
Gross Amount Carried at Close of Period
Land		3,540
Buildings and Improvements		14,679
Furniture, Fixtures and Equipment		866
Total		19,085
Accumulated Depreciation		(728)
Net Book Value		$ 18,357
Year Acquired		2,015
Managed Properties | Legacy at Georgtown | Georgtown, TX | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Legacy at Georgtown | Georgtown, TX | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Windsor | Dallas, TX | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 33,875
Initial Cost to the Company
Land		5,580
Buildings and Improvements		31,306
Furniture, Fixtures and Equipment		1,250
Costs Capitalized Subsequent to Acquisition		659
Gross Amount Carried at Close of Period
Land		5,580
Buildings and Improvements		31,712
Furniture, Fixtures and Equipment		1,503
Total		38,795
Accumulated Depreciation		(2,651)
Net Book Value		$ 36,144
Year Acquired		2,014
Managed Properties | Windsor | Dallas, TX | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Windsor | Dallas, TX | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Canyon Creek | Cottonwood Heights, UT | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 16,146
Initial Cost to the Company
Land		1,488
Buildings and Improvements		16,308
Furniture, Fixtures and Equipment		59
Costs Capitalized Subsequent to Acquisition		501
Gross Amount Carried at Close of Period
Land		1,488
Buildings and Improvements		16,574
Furniture, Fixtures and Equipment		294
Total		18,356
Accumulated Depreciation		(2,197)
Net Book Value		$ 16,159
Year Acquired		2,012
Managed Properties | Canyon Creek | Cottonwood Heights, UT | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Canyon Creek | Cottonwood Heights, UT | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Chateau Brickyard | Salt Lake City, UT | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 6,600
Initial Cost to the Company
Land		700
Buildings and Improvements		3,297
Furniture, Fixtures and Equipment		15
Costs Capitalized Subsequent to Acquisition		816
Gross Amount Carried at Close of Period
Land		700
Buildings and Improvements		3,841
Furniture, Fixtures and Equipment		287
Total		4,828
Accumulated Depreciation		(716)
Net Book Value		$ 4,112
Year Acquired		2,012
Managed Properties | Chateau Brickyard | Salt Lake City, UT | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Chateau Brickyard | Salt Lake City, UT | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Golden Living | Taylorsville, UT | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 7,455
Initial Cost to the Company
Land		1,111
Buildings and Improvements		3,126
Furniture, Fixtures and Equipment		39
Costs Capitalized Subsequent to Acquisition		608
Gross Amount Carried at Close of Period
Land		1,111
Buildings and Improvements		3,456
Furniture, Fixtures and Equipment		317
Total		4,884
Accumulated Depreciation		(690)
Net Book Value		$ 4,194
Year Acquired		2,012
Managed Properties | Golden Living | Taylorsville, UT | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Golden Living | Taylorsville, UT | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Heritage Place | Bountiful, UT | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 13,970
Initial Cost to the Company
Land		570
Buildings and Improvements		9,558
Furniture, Fixtures and Equipment		50
Costs Capitalized Subsequent to Acquisition		1,243
Gross Amount Carried at Close of Period
Land		570
Buildings and Improvements		10,404
Furniture, Fixtures and Equipment		447
Total		11,421
Accumulated Depreciation		(1,641)
Net Book Value		$ 9,780
Year Acquired		2,012
Managed Properties | Heritage Place | Bountiful, UT | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Heritage Place | Bountiful, UT | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Olympus Ranch | Murray, UT | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 18,890
Initial Cost to the Company
Land		1,407
Buildings and Improvements		20,515
Furniture, Fixtures and Equipment		846
Costs Capitalized Subsequent to Acquisition		202
Gross Amount Carried at Close of Period
Land		1,407
Buildings and Improvements		20,666
Furniture, Fixtures and Equipment		897
Total		22,970
Accumulated Depreciation		(1,265)
Net Book Value		$ 21,705
Year Acquired		2,015
Managed Properties | Olympus Ranch | Murray, UT | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Olympus Ranch | Murray, UT | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Elm Park Estates | Roanoke, VA | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 13,582
Initial Cost to the Company
Land		990
Buildings and Improvements		15,648
Furniture, Fixtures and Equipment		770
Costs Capitalized Subsequent to Acquisition		223
Gross Amount Carried at Close of Period
Land		990
Buildings and Improvements		15,676
Furniture, Fixtures and Equipment		965
Total		17,631
Accumulated Depreciation		(820)
Net Book Value		$ 16,811
Year Acquired		2,015
Managed Properties | Elm Park Estates | Roanoke, VA | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Elm Park Estates | Roanoke, VA | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Heritage Oaks | Richmond, VA | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 11,550
Initial Cost to the Company
Land		1,630
Buildings and Improvements		9,570
Furniture, Fixtures and Equipment		705
Costs Capitalized Subsequent to Acquisition		648
Gross Amount Carried at Close of Period
Land		1,630
Buildings and Improvements		9,866
Furniture, Fixtures and Equipment		1,057
Total		12,553
Accumulated Depreciation		(1,584)
Net Book Value		$ 10,969
Year Acquired		2,013
Managed Properties | Heritage Oaks | Richmond, VA | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Heritage Oaks | Richmond, VA | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Bridge Park | Seattle, WA | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 15,890
Initial Cost to the Company
Land		2,315
Buildings and Improvements		18,607
Furniture, Fixtures and Equipment		1,135
Costs Capitalized Subsequent to Acquisition		183
Gross Amount Carried at Close of Period
Land		2,315
Buildings and Improvements		18,663
Furniture, Fixtures and Equipment		1,262
Total		22,240
Accumulated Depreciation		(1,300)
Net Book Value		$ 20,940
Year Acquired		2,015
Managed Properties | Bridge Park | Seattle, WA | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Bridge Park | Seattle, WA | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | Peninsula | Gig Harbor, WA | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 21,455
Initial Cost to the Company
Land		2,085
Buildings and Improvements		21,983
Furniture, Fixtures and Equipment		846
Costs Capitalized Subsequent to Acquisition		90
Gross Amount Carried at Close of Period
Land		2,085
Buildings and Improvements		22,034
Furniture, Fixtures and Equipment		885
Total		25,004
Accumulated Depreciation		(1,346)
Net Book Value		$ 23,658
Year Acquired		2,015
Managed Properties | Peninsula | Gig Harbor, WA | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | Peninsula | Gig Harbor, WA | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Managed Properties | The Jefferson | Middleton, WI | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 13,394
Initial Cost to the Company
Land		1,460
Buildings and Improvements		15,540
Furniture, Fixtures and Equipment		804
Costs Capitalized Subsequent to Acquisition		148
Gross Amount Carried at Close of Period
Land		1,460
Buildings and Improvements		15,580
Furniture, Fixtures and Equipment		912
Total		17,952
Accumulated Depreciation		(842)
Net Book Value		$ 17,110
Year Acquired		2,015
Managed Properties | The Jefferson | Middleton, WI | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Managed Properties | The Jefferson | Middleton, WI | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 834,771
Initial Cost to the Company
Land		86,804
Buildings and Improvements		1,012,743
Furniture, Fixtures and Equipment		38,905
Costs Capitalized Subsequent to Acquisition		4,091
Gross Amount Carried at Close of Period
Land		86,804
Buildings and Improvements		1,016,652
Furniture, Fixtures and Equipment		39,087
Total		1,142,543
Accumulated Depreciation		(98,061)
Net Book Value		1,044,482
Triple Net Lease | Vista de la Montana | Surprise, AZ | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		9,313
Initial Cost to the Company
Land		1,131
Buildings and Improvements		11,077
Furniture, Fixtures and Equipment		635
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		1,131
Buildings and Improvements		11,077
Furniture, Fixtures and Equipment		635
Total		12,843
Accumulated Depreciation		(1,258)
Net Book Value		$ 11,585
Year Acquired		2,013
Triple Net Lease | Vista de la Montana | Surprise, AZ | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Vista de la Montana | Surprise, AZ | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Simi Hills | Simi Valley, CA | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 18,991
Initial Cost to the Company
Land		3,209
Buildings and Improvements		21,999
Furniture, Fixtures and Equipment		730
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		3,209
Buildings and Improvements		21,999
Furniture, Fixtures and Equipment		730
Total		25,938
Accumulated Depreciation		(2,145)
Net Book Value		$ 23,793
Year Acquired		2,013
Triple Net Lease | Simi Hills | Simi Valley, CA | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Simi Hills | Simi Valley, CA | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | The Westmont | Santa Clara, CA | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 13,634
Initial Cost to the Company
Land		0
Buildings and Improvements		18,049
Furniture, Fixtures and Equipment		754
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		0
Buildings and Improvements		18,049
Furniture, Fixtures and Equipment		754
Total		18,803
Accumulated Depreciation		(1,901)
Net Book Value		$ 16,902
Year Acquired		2,013
Triple Net Lease | The Westmont | Santa Clara, CA | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | The Westmont | Santa Clara, CA | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Courtyard at Lakewood | Lakewood, CO | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 11,623
Initial Cost to the Company
Land		1,327
Buildings and Improvements		14,198
Furniture, Fixtures and Equipment		350
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		1,327
Buildings and Improvements		14,198
Furniture, Fixtures and Equipment		350
Total		15,875
Accumulated Depreciation		(1,339)
Net Book Value		$ 14,536
Year Acquired		2,013
Triple Net Lease | Courtyard at Lakewood | Lakewood, CO | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Courtyard at Lakewood | Lakewood, CO | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Greeley Place | Greeley, CO | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 10,757
Initial Cost to the Company
Land		237
Buildings and Improvements		13,859
Furniture, Fixtures and Equipment		596
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		237
Buildings and Improvements		13,859
Furniture, Fixtures and Equipment		596
Total		14,692
Accumulated Depreciation		(1,426)
Net Book Value		$ 13,266
Year Acquired		2,013
Triple Net Lease | Greeley Place | Greeley, CO | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Greeley Place | Greeley, CO | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Parkwood Estates | Fort Collins, CO | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 14,145
Initial Cost to the Company
Land		638
Buildings and Improvements		18,055
Furniture, Fixtures and Equipment		627
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		638
Buildings and Improvements		18,055
Furniture, Fixtures and Equipment		627
Total		19,320
Accumulated Depreciation		(1,769)
Net Book Value		$ 17,551
Year Acquired		2,013
Triple Net Lease | Parkwood Estates | Fort Collins, CO | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Parkwood Estates | Fort Collins, CO | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Pueblo Regent | Pueblo, CO | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 10,604
Initial Cost to the Company
Land		446
Buildings and Improvements		13,800
Furniture, Fixtures and Equipment		377
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		446
Buildings and Improvements		13,800
Furniture, Fixtures and Equipment		377
Total		14,623
Accumulated Depreciation		(1,280)
Net Book Value		$ 13,343
Year Acquired		2,013
Triple Net Lease | Pueblo Regent | Pueblo, CO | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Pueblo Regent | Pueblo, CO | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Lodge at Cold Spring | Rocky Hill, CT | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 19,152
Initial Cost to the Company
Land		0
Buildings and Improvements		25,807
Furniture, Fixtures and Equipment		605
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		0
Buildings and Improvements		25,807
Furniture, Fixtures and Equipment		605
Total		26,412
Accumulated Depreciation		(2,353)
Net Book Value		$ 24,059
Year Acquired		2,013
Triple Net Lease | Lodge at Cold Spring | Rocky Hill, CT | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Lodge at Cold Spring | Rocky Hill, CT | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Village Gate | Farmington, CT | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 19,660
Initial Cost to the Company
Land		3,591
Buildings and Improvements		23,254
Furniture, Fixtures and Equipment		268
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		3,591
Buildings and Improvements		23,254
Furniture, Fixtures and Equipment		268
Total		27,113
Accumulated Depreciation		(1,928)
Net Book Value		$ 25,185
Year Acquired		2,013
Triple Net Lease | Village Gate | Farmington, CT | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Village Gate | Farmington, CT | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Cherry Laurel | Tallahassee, FL | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 16,273
Initial Cost to the Company
Land		1,100
Buildings and Improvements		20,457
Furniture, Fixtures and Equipment		669
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		1,100
Buildings and Improvements		20,457
Furniture, Fixtures and Equipment		669
Total		22,226
Accumulated Depreciation		(2,004)
Net Book Value		$ 20,222
Year Acquired		2,013
Triple Net Lease | Cherry Laurel | Tallahassee, FL | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Cherry Laurel | Tallahassee, FL | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Desoto Beach Club | Sarasota, FL | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 18,510
Initial Cost to the Company
Land		668
Buildings and Improvements		23,944
Furniture, Fixtures and Equipment		669
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		668
Buildings and Improvements		23,944
Furniture, Fixtures and Equipment		669
Total		25,281
Accumulated Depreciation		(2,262)
Net Book Value		$ 23,019
Year Acquired		2,013
Triple Net Lease | Desoto Beach Club | Sarasota, FL | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Desoto Beach Club | Sarasota, FL | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Regency Residence | Port Richey, FL | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 11,685
Initial Cost to the Company
Land		1,100
Buildings and Improvements		14,088
Furniture, Fixtures and Equipment		771
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		1,100
Buildings and Improvements		14,088
Furniture, Fixtures and Equipment		771
Total		15,959
Accumulated Depreciation		(1,544)
Net Book Value		$ 14,415
Year Acquired		2,013
Triple Net Lease | Regency Residence | Port Richey, FL | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Regency Residence | Port Richey, FL | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Illahee Hills | Urbandale, IA | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 9,536
Initial Cost to the Company
Land		694
Buildings and Improvements		11,980
Furniture, Fixtures and Equipment		476
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		694
Buildings and Improvements		11,980
Furniture, Fixtures and Equipment		476
Total		13,150
Accumulated Depreciation		(1,228)
Net Book Value		$ 11,922
Year Acquired		2,013
Triple Net Lease | Illahee Hills | Urbandale, IA | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Illahee Hills | Urbandale, IA | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Palmer Hills | Bettendorf, IA | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 9,305
Initial Cost to the Company
Land		1,488
Buildings and Improvements		10,878
Furniture, Fixtures and Equipment		466
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		1,488
Buildings and Improvements		10,878
Furniture, Fixtures and Equipment		466
Total		12,832
Accumulated Depreciation		(1,118)
Net Book Value		$ 11,714
Year Acquired		2,013
Triple Net Lease | Palmer Hills | Bettendorf, IA | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Palmer Hills | Bettendorf, IA | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Blair House | Normal, IL | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 11,315
Initial Cost to the Company
Land		329
Buildings and Improvements		14,498
Furniture, Fixtures and Equipment		627
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		329
Buildings and Improvements		14,498
Furniture, Fixtures and Equipment		627
Total		15,454
Accumulated Depreciation		(1,513)
Net Book Value		$ 13,941
Year Acquired		2,013
Triple Net Lease | Blair House | Normal, IL | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Blair House | Normal, IL | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Grasslands Estates | Wichita, KS | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 14,053
Initial Cost to the Company
Land		504
Buildings and Improvements		17,888
Furniture, Fixtures and Equipment		802
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		504
Buildings and Improvements		17,888
Furniture, Fixtures and Equipment		802
Total		19,194
Accumulated Depreciation		(1,878)
Net Book Value		$ 17,316
Year Acquired		2,013
Triple Net Lease | Grasslands Estates | Wichita, KS | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Grasslands Estates | Wichita, KS | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Thornton Place | Topeka, KS | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 11,222
Initial Cost to the Company
Land		327
Buildings and Improvements		14,415
Furniture, Fixtures and Equipment		734
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		327
Buildings and Improvements		14,415
Furniture, Fixtures and Equipment		734
Total		15,476
Accumulated Depreciation		(1,566)
Net Book Value		$ 13,910
Year Acquired		2,013
Triple Net Lease | Thornton Place | Topeka, KS | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Thornton Place | Topeka, KS | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Jackson Oaks | Paducah, KY | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 14,882
Initial Cost to the Company
Land		267
Buildings and Improvements		19,195
Furniture, Fixtures and Equipment		864
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		267
Buildings and Improvements		19,195
Furniture, Fixtures and Equipment		864
Total		20,326
Accumulated Depreciation		(2,013)
Net Book Value		$ 18,313
Year Acquired		2,013
Triple Net Lease | Jackson Oaks | Paducah, KY | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Jackson Oaks | Paducah, KY | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Summerfield Estates | Shreveport, LA | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 4,600
Initial Cost to the Company
Land		525
Buildings and Improvements		5,584
Furniture, Fixtures and Equipment		175
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		525
Buildings and Improvements		5,584
Furniture, Fixtures and Equipment		175
Total		6,284
Accumulated Depreciation		(532)
Net Book Value		$ 5,752
Year Acquired		2,013
Triple Net Lease | Summerfield Estates | Shreveport, LA | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Summerfield Estates | Shreveport, LA | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Blue Water Lodge | Fort Gratiot, MI | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 12,395
Initial Cost to the Company
Land		62
Buildings and Improvements		16,034
Furniture, Fixtures and Equipment		833
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		62
Buildings and Improvements		16,034
Furniture, Fixtures and Equipment		833
Total		16,929
Accumulated Depreciation		(1,771)
Net Book Value		$ 15,158
Year Acquired		2,013
Triple Net Lease | Blue Water Lodge | Fort Gratiot, MI | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Blue Water Lodge | Fort Gratiot, MI | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Briarcrest Estates | Ballwin, MO | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 13,390
Initial Cost to the Company
Land		1,255
Buildings and Improvements		16,510
Furniture, Fixtures and Equipment		525
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		1,255
Buildings and Improvements		16,510
Furniture, Fixtures and Equipment		525
Total		18,290
Accumulated Depreciation		(1,594)
Net Book Value		$ 16,696
Year Acquired		2,013
Triple Net Lease | Briarcrest Estates | Ballwin, MO | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Briarcrest Estates | Ballwin, MO | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Country Squire | St Joseph, MO | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 13,065
Initial Cost to the Company
Land		864
Buildings and Improvements		16,353
Furniture, Fixtures and Equipment		627
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		864
Buildings and Improvements		16,353
Furniture, Fixtures and Equipment		627
Total		17,844
Accumulated Depreciation		(1,660)
Net Book Value		$ 16,184
Year Acquired		2,013
Triple Net Lease | Country Squire | St Joseph, MO | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Country Squire | St Joseph, MO | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Orchid Terrace | St Louis, MO | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 20,689
Initial Cost to the Company
Land		1,061
Buildings and Improvements		26,636
Furniture, Fixtures and Equipment		833
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		1,061
Buildings and Improvements		26,636
Furniture, Fixtures and Equipment		833
Total		28,530
Accumulated Depreciation		(2,555)
Net Book Value		$ 25,975
Year Acquired		2,013
Triple Net Lease | Orchid Terrace | St Louis, MO | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Orchid Terrace | St Louis, MO | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Chateau Ridgeland | Ridgeland, MS | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 6,427
Initial Cost to the Company
Land		967
Buildings and Improvements		7,277
Furniture, Fixtures and Equipment		535
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		967
Buildings and Improvements		7,277
Furniture, Fixtures and Equipment		535
Total		8,779
Accumulated Depreciation		(907)
Net Book Value		$ 7,872
Year Acquired		2,013
Triple Net Lease | Chateau Ridgeland | Ridgeland, MS | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Chateau Ridgeland | Ridgeland, MS | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Grizzly Peak | Missoula, MT | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 12,749
Initial Cost to the Company
Land		309
Buildings and Improvements		16,447
Furniture, Fixtures and Equipment		658
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		309
Buildings and Improvements		16,447
Furniture, Fixtures and Equipment		658
Total		17,414
Accumulated Depreciation		(1,666)
Net Book Value		$ 15,748
Year Acquired		2,013
Triple Net Lease | Grizzly Peak | Missoula, MT | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Grizzly Peak | Missoula, MT | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Durham Regent | Durham, NC | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 18,720
Initial Cost to the Company
Land		1,061
Buildings and Improvements		24,149
Furniture, Fixtures and Equipment		605
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		1,061
Buildings and Improvements		24,149
Furniture, Fixtures and Equipment		605
Total		25,815
Accumulated Depreciation		(2,228)
Net Book Value		$ 23,587
Year Acquired		2,013
Triple Net Lease | Durham Regent | Durham, NC | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Durham Regent | Durham, NC | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Jordan Oaks | Cary, NC | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 17,202
Initial Cost to the Company
Land		2,103
Buildings and Improvements		20,847
Furniture, Fixtures and Equipment		774
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		2,103
Buildings and Improvements		20,847
Furniture, Fixtures and Equipment		774
Total		23,724
Accumulated Depreciation		(2,088)
Net Book Value		$ 21,636
Year Acquired		2,013
Triple Net Lease | Jordan Oaks | Cary, NC | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Jordan Oaks | Cary, NC | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Sky Peaks | Reno, NV | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 15,561
Initial Cost to the Company
Land		1,061
Buildings and Improvements		19,793
Furniture, Fixtures and Equipment		605
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		1,061
Buildings and Improvements		19,793
Furniture, Fixtures and Equipment		605
Total		21,459
Accumulated Depreciation		(1,927)
Net Book Value		$ 19,532
Year Acquired		2,013
Triple Net Lease | Sky Peaks | Reno, NV | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Sky Peaks | Reno, NV | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Fleming Point | Greece, NY | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 16,116
Initial Cost to the Company
Land		699
Buildings and Improvements		20,644
Furniture, Fixtures and Equipment		668
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		699
Buildings and Improvements		20,644
Furniture, Fixtures and Equipment		668
Total		22,011
Accumulated Depreciation		(1,999)
Net Book Value		$ 20,012
Year Acquired		2,013
Triple Net Lease | Fleming Point | Greece, NY | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Fleming Point | Greece, NY | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Maple Downs | Fayetteville, NY | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 19,846
Initial Cost to the Company
Land		782
Buildings and Improvements		25,656
Furniture, Fixtures and Equipment		668
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		782
Buildings and Improvements		25,656
Furniture, Fixtures and Equipment		668
Total		27,106
Accumulated Depreciation		(2,378)
Net Book Value		$ 24,728
Year Acquired		2,013
Triple Net Lease | Maple Downs | Fayetteville, NY | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Maple Downs | Fayetteville, NY | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Stoneybrook Lodge | Corvallis, OR | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 15,013
Initial Cost to the Company
Land		1,543
Buildings and Improvements		18,119
Furniture, Fixtures and Equipment		843
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		1,543
Buildings and Improvements		18,119
Furniture, Fixtures and Equipment		843
Total		20,505
Accumulated Depreciation		(1,922)
Net Book Value		$ 18,583
Year Acquired		2,013
Triple Net Lease | Stoneybrook Lodge | Corvallis, OR | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Stoneybrook Lodge | Corvallis, OR | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Fountains at Hidden Lakes | Salem, OR | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 5,417
Initial Cost to the Company
Land		903
Buildings and Improvements		6,568
Furniture, Fixtures and Equipment		0
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		903
Buildings and Improvements		6,568
Furniture, Fixtures and Equipment		0
Total		7,471
Accumulated Depreciation		(552)
Net Book Value		$ 6,919
Year Acquired		2,013
Triple Net Lease | Fountains at Hidden Lakes | Salem, OR | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Fountains at Hidden Lakes | Salem, OR | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Hidden Lakes | Salem, OR | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 13,720
Initial Cost to the Company
Land		1,389
Buildings and Improvements		16,639
Furniture, Fixtures and Equipment		893
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		1,389
Buildings and Improvements		16,639
Furniture, Fixtures and Equipment		893
Total		18,921
Accumulated Depreciation		(1,828)
Net Book Value		$ 17,093
Year Acquired		2,013
Triple Net Lease | Hidden Lakes | Salem, OR | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Hidden Lakes | Salem, OR | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Rock Creek | Hillsboro, OR | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 10,069
Initial Cost to the Company
Land		1,617
Buildings and Improvements		11,783
Furniture, Fixtures and Equipment		486
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		1,617
Buildings and Improvements		11,783
Furniture, Fixtures and Equipment		486
Total		13,886
Accumulated Depreciation		(1,203)
Net Book Value		$ 12,683
Year Acquired		2,013
Triple Net Lease | Rock Creek | Hillsboro, OR | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Rock Creek | Hillsboro, OR | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Sheldon Oaks | Eugene, OR | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 14,235
Initial Cost to the Company
Land		1,577
Buildings and Improvements		17,380
Furniture, Fixtures and Equipment		675
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		1,577
Buildings and Improvements		17,380
Furniture, Fixtures and Equipment		675
Total		19,632
Accumulated Depreciation		(1,768)
Net Book Value		$ 17,864
Year Acquired		2,013
Triple Net Lease | Sheldon Oaks | Eugene, OR | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Sheldon Oaks | Eugene, OR | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | The Regent | Corvallis, OR | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 6,569
Initial Cost to the Company
Land		1,111
Buildings and Improvements		7,720
Furniture, Fixtures and Equipment		228
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		1,111
Buildings and Improvements		7,720
Furniture, Fixtures and Equipment		228
Total		9,059
Accumulated Depreciation		(725)
Net Book Value		$ 8,334
Year Acquired		2,013
Triple Net Lease | The Regent | Corvallis, OR | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | The Regent | Corvallis, OR | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Essex House | Lemoyne, PA | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 19,908
Initial Cost to the Company
Land		936
Buildings and Improvements		25,585
Furniture, Fixtures and Equipment		668
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		936
Buildings and Improvements		25,585
Furniture, Fixtures and Equipment		668
Total		27,189
Accumulated Depreciation		(2,366)
Net Book Value		$ 24,823
Year Acquired		2,013
Triple Net Lease | Essex House | Lemoyne, PA | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Essex House | Lemoyne, PA | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Manor at Oakridge | Harrisburg, PA | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 18,951
Initial Cost to the Company
Land		992
Buildings and Improvements		24,379
Furniture, Fixtures and Equipment		764
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		992
Buildings and Improvements		24,379
Furniture, Fixtures and Equipment		764
Total		26,135
Accumulated Depreciation		(2,330)
Net Book Value		$ 23,805
Year Acquired		2,013
Triple Net Lease | Manor at Oakridge | Harrisburg, PA | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Manor at Oakridge | Harrisburg, PA | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Walnut Woods | Boyertown, PA | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 13,677
Initial Cost to the Company
Land		308
Buildings and Improvements		18,058
Furniture, Fixtures and Equipment		496
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		308
Buildings and Improvements		18,058
Furniture, Fixtures and Equipment		496
Total		18,862
Accumulated Depreciation		(1,677)
Net Book Value		$ 17,185
Year Acquired		2,013
Triple Net Lease | Walnut Woods | Boyertown, PA | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Walnut Woods | Boyertown, PA | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Watermark at Logan Square | Philadelphia, PA | Continuing Care Retirement Communities
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 51,921
Initial Cost to the Company
Land		8,575
Buildings and Improvements		46,031
Furniture, Fixtures and Equipment		2,380
Costs Capitalized Subsequent to Acquisition		325
Gross Amount Carried at Close of Period
Land		8,575
Buildings and Improvements		46,286
Furniture, Fixtures and Equipment		2,450
Total		57,311
Accumulated Depreciation		(2,755)
Net Book Value		$ 54,556
Year Acquired		2,015
Triple Net Lease | Uffelman Estates | Clarksville, TN | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 8,298
Initial Cost to the Company
Land		625
Buildings and Improvements		10,521
Furniture, Fixtures and Equipment		298
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		625
Buildings and Improvements		10,521
Furniture, Fixtures and Equipment		298
Total		11,444
Accumulated Depreciation		(990)
Net Book Value		$ 10,454
Year Acquired		2,013
Triple Net Lease | Uffelman Estates | Clarksville, TN | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Uffelman Estates | Clarksville, TN | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Arlington Plaza | Arlington, TX | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 7,710
Initial Cost to the Company
Land		319
Buildings and Improvements		9,821
Furniture, Fixtures and Equipment		391
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		319
Buildings and Improvements		9,821
Furniture, Fixtures and Equipment		391
Total		10,531
Accumulated Depreciation		(1,012)
Net Book Value		$ 9,519
Year Acquired		2,013
Triple Net Lease | Arlington Plaza | Arlington, TX | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Arlington Plaza | Arlington, TX | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | The El Dorado | Richardson, TX | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 10,430
Initial Cost to the Company
Land		1,316
Buildings and Improvements		12,220
Furniture, Fixtures and Equipment		710
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		1,316
Buildings and Improvements		12,220
Furniture, Fixtures and Equipment		710
Total		14,246
Accumulated Depreciation		(1,390)
Net Book Value		$ 12,856
Year Acquired		2,013
Triple Net Lease | The El Dorado | Richardson, TX | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | The El Dorado | Richardson, TX | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Ventura Place | Lubbock, TX | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 14,642
Initial Cost to the Company
Land		1,018
Buildings and Improvements		18,034
Furniture, Fixtures and Equipment		946
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		1,018
Buildings and Improvements		18,034
Furniture, Fixtures and Equipment		946
Total		19,998
Accumulated Depreciation		(2,003)
Net Book Value		$ 17,995
Year Acquired		2,013
Triple Net Lease | Ventura Place | Lubbock, TX | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Ventura Place | Lubbock, TX | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Dogwood Estates | Denton, TX | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 14,678
Initial Cost to the Company
Land		1,002
Buildings and Improvements		18,525
Furniture, Fixtures and Equipment		714
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		1,002
Buildings and Improvements		18,525
Furniture, Fixtures and Equipment		714
Total		20,241
Accumulated Depreciation		(1,880)
Net Book Value		$ 18,361
Year Acquired		2,013
Triple Net Lease | Dogwood Estates | Denton, TX | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Dogwood Estates | Denton, TX | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Madison Estates | San Antonio, TX | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 12,070
Initial Cost to the Company
Land		1,528
Buildings and Improvements		14,850
Furniture, Fixtures and Equipment		268
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		1,528
Buildings and Improvements		14,850
Furniture, Fixtures and Equipment		268
Total		16,646
Accumulated Depreciation		(1,292)
Net Book Value		$ 15,354
Year Acquired		2,013
Triple Net Lease | Madison Estates | San Antonio, TX | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Madison Estates | San Antonio, TX | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Pinewood Hills | Flower Mound, TX | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 14,742
Initial Cost to the Company
Land		2,073
Buildings and Improvements		17,552
Furniture, Fixtures and Equipment		704
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		2,073
Buildings and Improvements		17,552
Furniture, Fixtures and Equipment		704
Total		20,329
Accumulated Depreciation		(1,802)
Net Book Value		$ 18,527
Year Acquired		2,013
Triple Net Lease | Pinewood Hills | Flower Mound, TX | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Pinewood Hills | Flower Mound, TX | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | The Bentley | Dallas, TX | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 10,983
Initial Cost to the Company
Land		2,351
Buildings and Improvements		12,270
Furniture, Fixtures and Equipment		526
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		2,351
Buildings and Improvements		12,270
Furniture, Fixtures and Equipment		526
Total		15,147
Accumulated Depreciation		(1,268)
Net Book Value		$ 13,879
Year Acquired		2,013
Triple Net Lease | The Bentley | Dallas, TX | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | The Bentley | Dallas, TX | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Whiterock Court | Dallas, TX | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 11,231
Initial Cost to the Company
Land		2,837
Buildings and Improvements		12,205
Furniture, Fixtures and Equipment		446
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		2,837
Buildings and Improvements		12,205
Furniture, Fixtures and Equipment		446
Total		15,488
Accumulated Depreciation		(1,230)
Net Book Value		$ 14,258
Year Acquired		2,013
Triple Net Lease | Whiterock Court | Dallas, TX | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Whiterock Court | Dallas, TX | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Autumn Leaves | Dallas, TX | Continuing Care Retirement Communities
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 16,410
Initial Cost to the Company
Land		3,851
Buildings and Improvements		18,728
Furniture, Fixtures and Equipment		1,097
Costs Capitalized Subsequent to Acquisition		1,293
Gross Amount Carried at Close of Period
Land		3,851
Buildings and Improvements		19,975
Furniture, Fixtures and Equipment		1,143
Total		24,969
Accumulated Depreciation		(1,821)
Net Book Value		$ 23,148
Year Acquired		2,014
Triple Net Lease | Autumn Leaves | Dallas, TX | Continuing Care Retirement Communities | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Autumn Leaves | Dallas, TX | Continuing Care Retirement Communities | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Monticello West | Denton, TX | Assisted Living/Memory Care Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 17,877
Initial Cost to the Company
Land		3,344
Buildings and Improvements		21,226
Furniture, Fixtures and Equipment		1,225
Costs Capitalized Subsequent to Acquisition		677
Gross Amount Carried at Close of Period
Land		3,344
Buildings and Improvements		21,904
Furniture, Fixtures and Equipment		1,224
Total		26,472
Accumulated Depreciation		(1,990)
Net Book Value		$ 24,482
Year Acquired		2,014
Triple Net Lease | Monticello West | Denton, TX | Assisted Living/Memory Care Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Monticello West | Denton, TX | Assisted Living/Memory Care Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Parkwood Healthcare | Bedford, TX | Continuing Care Retirement Communities
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 13,143
Initial Cost to the Company
Land		2,746
Buildings and Improvements		15,463
Furniture, Fixtures and Equipment		755
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		2,746
Buildings and Improvements		15,463
Furniture, Fixtures and Equipment		755
Total		18,964
Accumulated Depreciation		(1,392)
Net Book Value		$ 17,572
Year Acquired		2,014
Triple Net Lease | Parkwood Healthcare | Bedford, TX | Continuing Care Retirement Communities | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Parkwood Healthcare | Bedford, TX | Continuing Care Retirement Communities | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Parkwood Retirement | Bedford, TX | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 10,240
Initial Cost to the Company
Land		2,829
Buildings and Improvements		11,639
Furniture, Fixtures and Equipment		306
Costs Capitalized Subsequent to Acquisition		651
Gross Amount Carried at Close of Period
Land		2,829
Buildings and Improvements		12,290
Furniture, Fixtures and Equipment		306
Total		15,425
Accumulated Depreciation		(983)
Net Book Value		$ 14,442
Year Acquired		2,014
Triple Net Lease | Parkwood Retirement | Bedford, TX | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Parkwood Retirement | Bedford, TX | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Signature Pointe | Dallas, TX | Continuing Care Retirement Communities
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 25,129
Initial Cost to the Company
Land		5,192
Buildings and Improvements		29,486
Furniture, Fixtures and Equipment		1,579
Costs Capitalized Subsequent to Acquisition		131
Gross Amount Carried at Close of Period
Land		5,192
Buildings and Improvements		29,566
Furniture, Fixtures and Equipment		1,630
Total		36,388
Accumulated Depreciation		(2,692)
Net Book Value		$ 33,696
Year Acquired		2,014
Triple Net Lease | Signature Pointe | Dallas, TX | Continuing Care Retirement Communities | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Signature Pointe | Dallas, TX | Continuing Care Retirement Communities | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Walnut Place | Dallas, TX | Continuing Care Retirement Communities
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 16,914
Initial Cost to the Company
Land		5,241
Buildings and Improvements		18,255
Furniture, Fixtures and Equipment		907
Costs Capitalized Subsequent to Acquisition		1,014
Gross Amount Carried at Close of Period
Land		5,241
Buildings and Improvements		19,253
Furniture, Fixtures and Equipment		923
Total		25,417
Accumulated Depreciation		(1,691)
Net Book Value		$ 23,726
Year Acquired		2,014
Triple Net Lease | Walnut Place | Dallas, TX | Continuing Care Retirement Communities | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Walnut Place | Dallas, TX | Continuing Care Retirement Communities | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Pioneer Valley Lodge | North Logan, UT | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 14,430
Initial Cost to the Company
Land		1,049
Buildings and Improvements		17,920
Furniture, Fixtures and Equipment		740
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		1,049
Buildings and Improvements		17,920
Furniture, Fixtures and Equipment		740
Total		19,709
Accumulated Depreciation		(1,870)
Net Book Value		$ 17,839
Year Acquired		2,013
Triple Net Lease | Pioneer Valley Lodge | North Logan, UT | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Pioneer Valley Lodge | North Logan, UT | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Colonial Harbor | Yorktown, VA | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 16,418
Initial Cost to the Company
Land		2,211
Buildings and Improvements		19,523
Furniture, Fixtures and Equipment		689
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		2,211
Buildings and Improvements		19,523
Furniture, Fixtures and Equipment		689
Total		22,423
Accumulated Depreciation		(1,932)
Net Book Value		$ 20,491
Year Acquired		2,013
Triple Net Lease | Colonial Harbor | Yorktown, VA | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Colonial Harbor | Yorktown, VA | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
Triple Net Lease | Oakwood Hills | Eau Claire, WI | Independent Living Properties
Real Estate and Accumulated Depreciation [Abstract]
Encumbrances (A)		$ 14,526
Initial Cost to the Company
Land		516
Buildings and Improvements		18,872
Furniture, Fixtures and Equipment		645
Costs Capitalized Subsequent to Acquisition		0
Gross Amount Carried at Close of Period
Land		516
Buildings and Improvements		18,872
Furniture, Fixtures and Equipment		645
Total		20,033
Accumulated Depreciation		(1,867)
Net Book Value		$ 18,166
Year Acquired		2,013
Triple Net Lease | Oakwood Hills | Eau Claire, WI | Independent Living Properties | Minimum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		3 years
Triple Net Lease | Oakwood Hills | Eau Claire, WI | Independent Living Properties | Maximum
Gross Amount Carried at Close of Period
Life on Which Depreciation in Income Statement is Computed		40 years
[1]	Excludes two properties that were classified as held for sale as of December 31, 2016.
[2]	For United States federal income tax purposes, the initial aggregate cost basis, including furniture, fixtures, and equipment, was approximately $2.80 billion as of December 31, 2016.

SCHEDULE III, REAL ESTATE AND63

SCHEDULE III, REAL ESTATE AND ACCUMULATED DEPRECIATION, Rollforward of Gross Carrying Amount and Accumulated Depreciaton (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016		Dec. 31, 2015	Dec. 31, 2014
Gross Carrying Amount [Roll Forward]
Beginning of period	$ 2,790,928		$ 1,638,929	$ 1,373,428
Acquisitions	0		1,140,896	260,543
Additions	21,285		11,411	8,538
Sales and/or transfers to assets held for sale	(23,213)		0	0
Disposals and other	15,821		308	3,580
End of period	2,773,179	[1]	2,790,928	1,638,929
Accumulated Depreciation [Roll Forward]
Beginning of period	(129,788)		(56,988)	(10,526)
Depreciation expense	(92,372)		(72,767)	(46,622)
Sales and/or transfers to assets held for sale	3,084		0	0
Disposals and other	108		(33)	160
Balance at end of year	$ (218,968)		$ (129,788)	$ (56,988)
[1]	For United States federal income tax purposes, the initial aggregate cost basis, including furniture, fixtures, and equipment, was approximately $2.80 billion as of December 31, 2016.